Topic: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token - page 39. (Read 46474 times)
August 11, 2018, 07:04:37 PM
I like that Goldma not only gives you a return on investments but goes further and makes it a consistent return on investment as you acquire royalties every quarter
August 11, 2018, 06:53:19 PM
I want to mention that Goldma enables anyone to inexpensively and securely transfer value anytime, anywhere. Great
August 11, 2018, 12:41:41 PM
Zimbabwe is rich in minerals and precious metals. Is there anything else in this mine other than Gold? Not to say that gold isn't enough! it is certainly a valuable asset to mine, but there might be something else there or in an area nearby.
August 11, 2018, 07:50:26 AM
Goldma returning wealth to the community: Wealth is the abundance of valuable resources or valuable material possessions "GOLD for example'' Goldma has proven more than 6.1Billion dollars worth of gold In just one of its many mine claims.
You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
I agree completely. 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.You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
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.
wooow that is so so deep... you know what? similar consequences have been suffered by nations when Governments fiddled with the financial systems, whats important is to always keep yourself covered and gold is the best way. things can really go wrong in the world, for example, the Great Depression around 1930 which show how far the world's economy can decline.
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s. It was the longest, deepest, and most widespread depression of the 20th century.
the best way to secure yourself in case something like this is in the Horizon is investing in reliable proven value which is gold.
Gold Preserves Wealth-The reasons for gold's importance in the modern economy centers on the fact that it has successfully preserved wealth throughout thousands of generations. The same, however, cannot be said about paper-denominated currencies
August 11, 2018, 07:44:26 AM
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
One of the biggest reasons for the low risk with the high reward is that simple inflation will increase the value of any gold you own
. Inflation is almost as certain to happen as death and taxes 
. Gold is possibly the only investment that will protect you from skyrocketing inflation. This is in contrast to many paper-based options such as stocks, bonds, and mutual funds.That is why Goldma is such a unique token,it allows investors from all over the globe to invest in gold! 
August 11, 2018, 07:31:41 AM
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
I've been always thinking of investing in Gold. And now I am even more convinced in that.
you can never go wrong with gold,or gold backed currency
August 11, 2018, 06:22:41 AM
Quick question. Do we have anyone here who cares about Corporate Social Responsibility? More directly, does it influence which ICOs you'll invest in?
August 11, 2018, 04:12:46 AM
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
The second point is very important! The value of gold, as far as I can remember, has never fallen to zero. Paper assets can fall, and indeed many have fallen, to zero. But instead of just letting gold bars gather dust in a vault somewhere, ain't it great that people can invest in gold production now? It's the best of both worlds: the historical stability of gold with the returns from a living, productive company.
I absolutely agree with you! That's really important
August 11, 2018, 04:11:22 AM
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
I've been always thinking of investing in Gold. And now I am even more convinced in that.
August 11, 2018, 04:10:45 AM
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
The second point is very important! The value of gold, as far as I can remember, has never fallen to zero. Paper assets can fall, and indeed many have fallen, to zero. But instead of just letting gold bars gather dust in a vault somewhere, ain't it great that people can invest in gold production now? It's the best of both worlds: the historical stability of gold with the returns from a living, productive company.
August 11, 2018, 03:57:26 AM
Some beneficial points regarding gold. Other great points include that gold is the only financial asset that is not simultaneously someone else's liability.
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
1) Gold does not require the backing of any bank, government, or brokerage firm.
2) Gold cannot suffer a default or its value fall to zero.
3) No counterparty risk means that once you have physical gold in your possession, you don’t depend on someone else to fulfill a contract or keep a promise for it to retain its value.
What do u guys think about it?
August 10, 2018, 07:57:12 PM
Goldma returning wealth to the community: Wealth is the abundance of valuable resources or valuable material possessions "GOLD for example'' Goldma has proven more than 6.1Billion dollars worth of gold In just one of its many mine claims.
You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
I agree completely. 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.You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
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.
wooow that is so so deep... you know what? similar consequences have been suffered by nations when Governments fiddled with the financial systems, whats important is to always keep yourself covered and gold is the best way. things can really go wrong in the world, for example, the Great Depression around 1930 which show how far the world's economy can decline.
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s. It was the longest, deepest, and most widespread depression of the 20th century.
the best way to secure yourself in case something like this is in the Horizon is investing in reliable proven value which is gold.
August 10, 2018, 07:30:33 PM
Goldma returning wealth to the community: Wealth is the abundance of valuable resources or valuable material possessions "GOLD for example'' Goldma has proven more than 6.1Billion dollars worth of gold In just one of its many mine claims.
You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
I agree completely. 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.You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
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.
August 10, 2018, 06:43:41 PM
Goldma returning wealth to the community: Wealth is the abundance of valuable resources or valuable material possessions "GOLD for example'' Goldma has proven more than 6.1Billion dollars worth of gold In just one of its many mine claims.
You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
You may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
An individual, community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
August 10, 2018, 05:59:44 PM
The team is looking really working hard to educate more and more people about the concept of real money and real value. This type of security token is very unique and not seen anywhere else. Especially because they already have an operational mine producing gold on a daily basis. And they never stop!
you are right. the Goldma team really is working hard to educate people... I watch their video every day on youtube any topic you can think off that helps you understand value and wealth more are available on their YouTube channel.
August 10, 2018, 05:49:55 PM
Remitting dividends through the banks can be a hassle.That is why our Goldma royalties will be paid in Ether!Blockchain-based cryptocurrencies (such as ether)provide transaction times that are often much, much faster than bank transaction times. For some bank transactions, such as wire transfers, it can take days for the transaction to go through. However, transactions made on a blockchain usually take just minutes. The fact that transactions can be made faster through blockchain-based cryptocurrencies without losing any accuracy is potentially beneficial for countless individuals and businesses around the world.
Very good point. I like that with blockchain you are not limited to bank operating hours, you can do any transaction during the weekend and no third party can freeze your funds just because they want to understand what you are using your money for? why are you transferring such amounts? and dictating that you are not allowed to here or there.
August 10, 2018, 05:11:59 PM
GoldmaICO is a project to follow with high interest, the organization is well built and the team is a real industry player
Thank you. Lovely sentiments. We're working hard and are definitely out to raise the bar!!!!
August 10, 2018, 12:03:34 PM
The team is looking really working hard to educate more and more people about the concept of real money and real value. This type of security token is very unique and not seen anywhere else. Especially because we already have an operational mine producing gold on a daily basis. This makes it very simple to understand that one should expect a return on their investment and also expect the value of the token to increase over time with little risk of the coin of never going to zero
August 10, 2018, 06:23:36 AM
Goldma is combining the best attributes of gold and cryptocurrency. Thus, it resolves the issue of cryptocurrency not having 'intrinsic value' by tying it to gold. But, we've taken it a bit further in our model. Although, we are considered a gold backed cryptocurrency, we are not storing any gold. We are immediately selling the gold to the Reserve Bank and buying Ether with the cash that we are paid. So, we don't have to worry about the security aspect of storing the gold. Our value is immediately digitized onto the blockchain which enables the commodification of gold and overcome the volatility of cryptocurrency which will allow smaller investors to partake in the gold mining sector. So, you are not saving to just save your value (in some vault), you are actually saving to earn a return! Whether the market goes up or down it allows us to give our GMA token holders a 5% royalty (in the form of Ether) every quarter. You do the math - how much is that annually? As a gold backed cryptocurrency, Golma adds so much value to the blockchain ecosystem. Goldma (Gold Mining Assets, GMA) operates several gold mining claims already producing and purchasing thousands of grams of gold per year.
August 10, 2018, 11:54:20 AM
I appreciate that it is now simpler for us to be directly connected in the Gold mining world
Yes. That is the key thing of the project - it eases the way we invest in gold so it is going to be essential in future Jump to: