Topic: Digix DGD (Read 2610 times)

Quote from: redcow on May 04, 2016, 06:17:43 AM

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

and so just buy gold. why bother with DGX and DGD at all?

The same reason people buy Gold index in the stock market..

bitbitch

sr. member

Activity: 434

Merit: 250

I don't think that they launched the DGX..

i was wondering because i see no trace of DGX anywhere.

so at the moment DGD is trading as an asset valued on speculation about the future performance of its yet to be released DGX twin?

redcow

newbie

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Merit: 0

I don't think that they launched the DGX..

sandiman

hero member

Activity: 560

Merit: 501

Quote from: bitbitch on May 04, 2016, 05:18:24 AM

Quote from: sandiman on May 04, 2016, 05:03:07 AM

Quote from: DeadBirdzz on May 04, 2016, 05:01:14 AM

Quote from: sandiman on May 04, 2016, 05:03:07 AM

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

and so just buy gold. why bother with DGX and DGD at all?

Mucher faster trading platform, lower fees, DGD is like having share of Digixdao and earning revenue from their operation (fees collected mostly)

true.

so the value of DGD is based on the trading volumes for DGX. where can i see the DGX volumes?

how is Digix going to capture market share, and what is its moating strategy to defend itself from the inevitable competition that will come from other emerging 'goldchain' trading platforms?

Since I am not a gold trader nor DGD/DGX owner, my answer are certainly not the best. I think the best way for you to know about that is reading their white paper and visiting their website. Grin

bitbitch

sr. member

Activity: 434

Merit: 250

Quote from: DeadBirdzz on May 04, 2016, 05:01:14 AM

Quote from: DeadBirdzz on May 04, 2016, 05:01:14 AM

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

and so just buy gold. why bother with DGX and DGD at all?

Mucher faster trading platform, lower fees, DGD is like having share of Digixdao and earning revenue from their operation (fees collected mostly)

true.

so the value of DGD is based on the trading volumes for DGX. where can i see the DGX volumes?

how is Digix going to capture market share, and what is its moating strategy to defend itself from the inevitable competition that will come from other emerging 'goldchain' trading platforms?

sandiman

hero member

Activity: 560

Merit: 501

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

and so just buy gold. why bother with DGX and DGD at all?

Mucher faster trading platform, lower fees, DGD is like having share of Digixdao and earning revenue from their operation (fees collected mostly)

ttookk

hero member

Activity: 994

Merit: 513

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

Huh? I thought the gold is in a vault in singapore?

DeadBirdzz

sr. member

Activity: 336

Merit: 252

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

and so just buy gold. why bother with DGX and DGD at all?

bitbitch

sr. member

Activity: 434

Merit: 250

So, here we are, talking about decentralization the whole time (especially with ETH's "decentralize everything" attitude), and then you go out and buy a token, that says a certain amount of gold in a safe somewhere is yours (and it is all in the same safe)? Doesn't make sense to me. Am I missing something?

If you know how to divide your gold and store it in several place in the world with big security while being able to withdraw it easily, congratulation you are a future rich man. Grin

and so just buy gold. why bother with DGX and DGD at all?

sandiman

hero member

Activity: 560

Merit: 501