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Topic: Gold-backed cryptocurrency (Read 122 times)

jr. member
Activity: 448
Merit: 2
July 22, 2018, 07:32:54 AM
#9
Another way to draw back peoples attention to precious metal investment, gold-backed cryptocurrency. what is your view on this?
Nice idea but you really thinks in so many years of cryptocurrency no one would have thought about it?? We already had currencies like Xauram, Deep Gold and many others which were backed by gold but they haven't been quite successful lately. Another great idea of crypto backed by silver came by the ICO SLVR which wasn't even able to meet its minimum cap. When it comes to real estate tokens there have been a lot of tokens too. I don't think they have in any way helped in the growth of metals back again.

In my opinion what I think is necessary for the cryptocurrency space now is stability, with time everything will manifest. Remember there is always a rough part to success. It does not work for Mr A don't mean if Mr B tries it out with a more tactical approach he wouldn't succeed. Let's just be wise, keep our thumbs up and hope very high.
jr. member
Activity: 448
Merit: 2
July 12, 2018, 04:45:54 AM
#8
Another way to draw back peoples attention to precious metal investment, gold-backed cryptocurrency. what is your view on this?
Nice idea but you really think in so many years of cryptocurrency no one would have thought about it?? We already had currencies like Xauram, Deep Gold and many others which were backed by gold but they haven't been quite successful lately. Another great idea of crypto backed by silver came by the ICO SLVR which wasn't even able to meet its minimum cap. When it comes to real estate tokens there have been lot of tokens too. I don't think they have in any way helped in growth of metals back again.

Was going through an article and I came across few selected projects in the block chain technology that have successfully achieved the idea of real world asset backed and precious metal; and they are doing very great in the digital world.
Below are the list

1. Stable coin (Maker Dai which means, 1 dai=US$1)
2.(DGX backed by physical gold 1DGX=1gram of 99.9% LBMA standard gold.
3.One gram coin OGC designed to grow in value (in terms of gold).
4. Cedex backed by diamond
5. ATLANT real estate token

So what can you say about this?
sr. member
Activity: 658
Merit: 250
January 24, 2018, 01:45:22 PM
#7
It is old age I think it's a new era and new ideas . Therefore, this will not be true . But soon the cryptocurrency by far as it will settle
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
January 24, 2018, 01:33:14 PM
#6
Avoid any "backed-by" currency, they are all scams and have been attempted since the inception of ICO.

I truly do warn anyone investing in these coins, they are all guaranteed scams. If anyone has actually gotten a piece of gold from these coins, i would like to know, because to my knowledge, noone has ever obtained a precious metal from these types of ico.

Hi, What do you think about ''Petro''. Tschus

The same as this scam https://bitcointalksearch.org/topic/annuro-a-real-long-term-currency-1-uro-1-metric-tonne-urea-fertilizer-600639

Urea is piss btw
newbie
Activity: 129
Merit: 0
January 24, 2018, 01:19:47 PM
#5
Avoid any "backed-by" currency, they are all scams and have been attempted since the inception of ICO.

I truly do warn anyone investing in these coins, they are all guaranteed scams. If anyone has actually gotten a piece of gold from these coins, i would like to know, because to my knowledge, noone has ever obtained a precious metal from these types of ico.

Hi, What do you think about ''Petro''. Tschus
newbie
Activity: 30
Merit: 0
January 24, 2018, 01:13:52 PM
#4
Why? It's an old-fashioned paradigm that no longer works. For like 60 years already
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
January 24, 2018, 01:12:54 PM
#3
Avoid any "backed-by" currency, they are all scams and have been attempted since the inception of ICO.

I truly do warn anyone investing in these coins, they are all guaranteed scams. If anyone has actually gotten a piece of gold from these coins, i would like to know, because to my knowledge, noone has ever obtained a precious metal from these types of ico.
full member
Activity: 420
Merit: 110
January 24, 2018, 01:10:53 PM
#2
Another way to draw back peoples attention to precious metal investment, gold-backed cryptocurrency. what is your view on this?
Nice idea but you really think in so many years of cryptocurrency no one would have thought about it?? We already had currencies like Xauram, Deep Gold and many others which were backed by gold but they haven't been quite successful lately. Another great idea of crypto backed by silver came by the ICO SLVR which wasn't even able to meet its minimum cap. When it comes to real estate tokens there have been lot of tokens too. I don't think they have in any way helped in growth of metals back again.
jr. member
Activity: 448
Merit: 2
January 24, 2018, 01:05:17 PM
#1
Another way to draw back peoples attention to precious metal investment, gold-backed cryptocurrency. what is your view on this?
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