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Topic: GOLD cryptocurrency (Read 111 times)

member
Activity: 364
Merit: 10
May 18, 2018, 07:52:02 PM
#12
Xaurum is a gold-based cryptocurrency. Each “Xaurum” is a unit of value on “the golden blockchain”. That unit of value is linked to a specific amount of gold. You can exchange the value of each Xaurum for gold, then gain value by melting it.
The Xaurum Golden Blockchain works as a transparent ledger of all accounts. It lists the amount of gold owned by the Xaurum CommonWealth. The CommonWealth refers to the total pool of gold backing the Xaurum cryptocurrency.
The goal of Xaurum is to continuously buy more gold and increase the value of the token. Users can mine Xaurum. However, the company maintains cooperative control of the money supply.
hero member
Activity: 3080
Merit: 603
May 18, 2018, 07:50:07 PM
#11
is there any GOLD cryptocurrency ?

I do believe invest on GOLD will be better in Market right now.  Grin
You mean the physical gold? You can easily distinguish that crypto's are different from gold.

But if you are really looking for a crypto gold, bitcoin is the one that has given the tagline as the modern digital gold but if you really want "gold" on a crypto name, there's bitcoin gold(BTG).

I'm not familiar of the rest and I just helped you research it:

https://coinmarketcap.com/currencies/unikoin-gold/
https://coinmarketcap.com/currencies/goldcoin/
https://coinmarketcap.com/currencies/goldmint/
https://coinmarketcap.com/currencies/goldblocks/
https://coinmarketcap.com/currencies/ethereum-gold/
https://coinmarketcap.com/currencies/bitcoin-gold/
https://coinmarketcap.com/currencies/xaurum/
newbie
Activity: 20
Merit: 0
May 18, 2018, 07:47:23 PM
#10
I can see ETF type of Cryptocurrency come in the future.
newbie
Activity: 141
Merit: 0
May 18, 2018, 07:41:30 PM
#9
So in the case that you think taht Gold is the better way to invest in why dont you just buy Gold without the blockchain ? The value of Gold is that you have itphysically so why do you Need it in virtual form ?
Gold is indeed the best investment, gold becomes a real investment and has a stable price and increased over time. However, crypto also becomes a wet land to invest, because it can get high profits. Gold is a long-term investment, while crypto can be for short-term and long-term investment.
newbie
Activity: 266
Merit: 0
May 18, 2018, 07:04:22 AM
#8
Well,there are many cryptocurrencies which are backed by gold. You could try Goldmint, Onegram, Goldcurrency etc. Recently, Bitcoin startes gold-backed currency for Muslims.
member
Activity: 114
Merit: 10
Empowering crypto w/ sustainable energy
May 18, 2018, 07:03:19 AM
#7
So in the case that you think taht Gold is the better way to invest in why dont you just buy Gold without the blockchain ? The value of Gold is that you have itphysically so why do you Need it in virtual form ?
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
May 18, 2018, 07:03:15 AM
#6
I'm curious about the connection between gold and cryptocurrency markets.
Because, in my view, the risk of investing in cryptocurrency markets is high, and gold is relatively stable.
member
Activity: 219
Merit: 11
May 18, 2018, 07:01:00 AM
#5
is there any GOLD cryptocurrency ?

I do believe invest on GOLD will be better in Market right now.  Grin
I don't think you're going to invest now, you're going to get rich anyway, the bear market is going to be up for a long time, and soon.
newbie
Activity: 336
Merit: 0
May 18, 2018, 06:56:55 AM
#4
Not yet. And I think no cryptocurrency will be launched as gold. Because the theme is quite different than gold. Gold is a physical asset whereas crypto is a virtual currency.
newbie
Activity: 294
Merit: 0
May 17, 2018, 10:56:03 AM
#3
Actually in the world of crypto currency gold coin is used as metaphor .Here gold coin means a currency for the payment that is not traditional. It is also called digital gold currency and used for payment purposes. So in that sense bitcoin is also the gold currency. It is fist ion the world of the crypto currency. Here gold does not mean the gold actually that we know rather here gold means alternative coin like bitcoin to have bitcoin is like to have gold.
newbie
Activity: 308
Merit: 0
May 17, 2018, 09:49:26 AM
#2
I am not sure about gold crypto currency. I think people invest on bitcoin rather than gold because investor gets profit from bitcoin.
newbie
Activity: 60
Merit: 0
May 15, 2018, 05:38:53 AM
#1
is there any GOLD cryptocurrency ?

I do believe invest on GOLD will be better in Market right now.  Grin
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