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Topic: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token - page 29. (Read 46474 times)

newbie
Activity: 224
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Some aims are to decentralize the opportunity to invest in a multi-million dollar gold mining projects and to enable anyone to inexpensively and securely transfer value anytime, anywhere. If anyone knows other, please share! Thanks for that!!
newbie
Activity: 210
Merit: 0
In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.

In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.

These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.

So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!

What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world!

I like when tou say Goldma is changing the world, thats a very good attribute to look into if you want ro invest. In this day and age a good project is one that identifies a problem and comes up with a solution. World changing ideas are now the standard of success. 

And I just want to add, to be honest, that there are not many projects with such a great reputation, such a warm team and such caring about people (especially talking about Zimbabwe)! I wish Goldma all the best

That is a very important observation.. the needs to care more and companies that depend on mother earth need to  pto give back.
Thank you Goldma for your huge efforts in trying to change the world.. and your team does it with a smile on their faces  Grin
newbie
Activity: 154
Merit: 0
The GMA token will be listed on the Waves DEX soon after the ICO. In essence, WAVE DEX has fused both the decentralized and centralized exchanges for the users to trade WAVES-based digital assets such as WAVES, fiat and crypto currency tokens like wETH and wBTC. Additionally, WavesDEX will have the users experience a risk-free trading operation with all the transactions set to take place on the Waves blockchain. Very reasonable decision, as for me
newbie
Activity: 76
Merit: 0
In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.

In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.

These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.

So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!

What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world!

I like when tou say Goldma is changing the world, thats a very good attribute to look into if you want ro invest. In this day and age a good project is one that identifies a problem and comes up with a solution. World changing ideas are now the standard of success. 

And I just want to add, to be honest, that there are not many projects with such a great reputation, such a warm team and such caring about people (especially talking about Zimbabwe)! I wish Goldma all the best
newbie
Activity: 210
Merit: 0
In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.

In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.

These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.

So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!

What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world!

I like when tou say Goldma is changing the world, thats a very good attribute to look into if you want ro invest. In this day and age a good project is one that identifies a problem and comes up with a solution. World changing ideas are now the standard of success. 
newbie
Activity: 70
Merit: 0
In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.

In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.

These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.

So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!

What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world!
newbie
Activity: 125
Merit: 0
In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.

In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.

These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.

So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!
newbie
Activity: 97
Merit: 0
Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile
Exactly. Gold is one of the most reliable instruments that provide profit

Risky investments can be attractive, as the rewards tend to be significant. However, these investments also tend to be more volatile. Investing in gold can help offset this volatility, as gold doesn’t correlate with most assets in the long term.

The point is that Goldma has an opportunity to re-introduce the gold standard. Backing a currency by gold provides a self-regulating and stabilizing effect on the economy. It discourages inflation as well as government budget deficits and debt  Wink
newbie
Activity: 70
Merit: 0
Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile
Exactly. Gold is one of the most reliable instruments that provide profit

Risky investments can be attractive, as the rewards tend to be significant. However, these investments also tend to be more volatile. Investing in gold can help offset this volatility, as gold doesn’t correlate with most assets in the long term.
newbie
Activity: 210
Merit: 0
Goldma is bringing back 'the golden standard'  to currency.

Oh yes, Goldma is bringing the Gold standard back to currency!! Just imagine the possibilities? Having a currency that is a reliable store of value (peace of mind)
newbie
Activity: 59
Merit: 0
Goldma is bringing back 'the golden standard'  to currency.
newbie
Activity: 210
Merit: 0
We often speak about the Gold standard and how the US dollar has lost 98% of its value since the removal of the gold standard. What is a Gold standard?

Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.
In an international gold-standard system, gold or a currency that is convertible into gold at a fixed price is used as a medium of international payments.

newbie
Activity: 210
Merit: 0
Oprah Winfrey says "Luck is preparation meeting opportunity." This ICO game isn't an easy one on the investor front because of all the scams that exist. But when you look at the amount of preparation and transparency that goes into Goldma's posts, White Paper, website, youtube content...(the list goes on) it is clear that this team is PREPARED! Who wouldn't want to take advantage of such an OPPORTUNITY?!!!!! I definitely would!  Cool Cool

Great words... I see the huuuge work behind and huge work ahead! And the team can easily maintain these high standards! One way - to the moon!!!  Smiley


Ohhh this is so true my friend.. a huuuge  amount of work has been already done for the project and It is always good to identify that fact. It give us confidence to know that a hard working team is in charge and has already delivered results in the past couple of years and  with the big work coming ahead success is almost certain when you have a crew like this!!!   
newbie
Activity: 210
Merit: 0
Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile
Exactly. Gold is one of the most reliable instruments that provide profit

Goldma indeed want to make society change its investment pattern, hopefully with her there Goldma those investors could profit continuously. I think it sounds quite promising  Wink Roll Eyes


You are quite right sir. Investors will get profits continuously feom the GMA royalties and the promise of profits to continue for a long time is guaranteed because an estimated 6.1 Billion worth of Gold has been scientifically proven to be available to extract at the Goldma mine.  
newbie
Activity: 183
Merit: 0
Oprah Winfrey says "Luck is preparation meeting opportunity." This ICO game isn't an easy one on the investor front because of all the scams that exist. But when you look at the amount of preparation and transparency that goes into Goldma's posts, White Paper, website, youtube content...(the list goes on) it is clear that this team is PREPARED! Who wouldn't want to take advantage of such an OPPORTUNITY?!!!!! I definitely would!  Cool Cool

Great words... I see the huuuge work behind and huge work ahead! And the team can easily maintain these high standards! One way - to the moon!!!  Smiley
newbie
Activity: 224
Merit: 0
Oprah Winfrey says "Luck is preparation meeting opportunity." This ICO game isn't an easy one on the investor front because of all the scams that exist. But when you look at the amount of preparation and transparency that goes into Goldma's posts, White Paper, website, youtube content...(the list goes on) it is clear that this team is PREPARED! Who wouldn't want to take advantage of such an OPPORTUNITY?!!!!! I definitely would!  Cool Cool
newbie
Activity: 53
Merit: 0
Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile
Exactly. Gold is one of the most reliable instruments that provide profit

Goldma indeed want to make society change its investment pattern, hopefully with her there Goldma those investors could profit continuously. I think it sounds quite promising  Wink Roll Eyes
newbie
Activity: 34
Merit: 0
Frankly speaking, the Goldma's roadmap is one of the most elaborate roadmaps I have ever seen.  A lot of the milestones have already been completed, success is guaranteed

But team also matters... I like the fact that Goldma has a solid team! Their ICO is performing well because people are working effectively as a team. This is because good teamwork creates synergy – where the combined effect of the team is greater than the sum of individual efforts. Working together as a team has assisted Goldma to apply individual perspectives, experience, and skills to solve complex problems! And they keep going!
newbie
Activity: 86
Merit: 0
Frankly speaking, the Goldma's roadmap is one of the most elaborate roadmaps I have ever seen.  A lot of the milestones have already been completed, success is guaranteed
jr. member
Activity: 182
Merit: 1
Throughout the history of mankind for 5,000 years, Gold has been money. Gold was money. Gold is money. Every attempt to replace a Gold backed currency with a fiat currency has failed

People that made a good impact in the world are people who had vision. Sometimes success is about identifying a problem and creating a solid solution. The problem is since the gold standard was removed from the dollar, the value of the dollar has diminished greatly and Goldma is bringing back the Gold standard through blockchain technology by combining the best attributes of gold and cryptocurrency.
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