Bitcoin Forum

Quick heads up! I had this ANN thread made by the person above using fiverr (have proof if needed). I am not affiliated with him in anyway, but eGold Mining is my company and is legit. Feel free to come to our telegram group to talk - t.me/egoldmining




Great questions! There's a number of reasons why we are better than these other companies.

1) Based in USA - cannot run this operation without compliance with the law which we are currently undertaking. This is why we are NOT accepting any investments currently.

2) Diversification of Mining - we are going to be mining several different algorithms so we are not solely dependent on just one. This is a way to ensure profits for token holders.

3) Timing of Mining - we will be mining at a time where hardware is inexpensive. Compare this to a few months ago, and the machines coming out now are better and cheaper.

If you join our telegram chat - https://t.me/egoldmining, you will realize that we are completely transparent and are required to be so by USA security laws.

I used to be an investor in these mining companies. I saw what they did wrong. I took out everything I hated about all these companies and made a plan that will beat out all these companies in the future. One of the main things is transparency. No one in the mining industry is completely open about their operation and I want to set a new standard for that.

that's not the problem in my opinion, but whether the coin can be mined now and we can pull and sell.
indeed transparency is needed, but I hope there is no manipulation at the end of the story

The coins we will be mining will be converted to ETH and paid directly to the eGM token holders wallet address.

All KYC/AML procedures must be followed by the exchanges we will be listing on (per SEC rules) so there should be no worry about manipulation. Besides, this is a token you want to hold for a long time as that's how you make the most money out of it.

I like your idea, at least what I understood from the white paper. I am an investor in IRM and they have done a terrible job so I'm not too keen on mining ICOs. I see you are going to back your tokens with gold ETF? How do you plan on doing that? How does this help me out as an investor?

I hope you don't mind me flairing your project. I love the whole concept! By the way this is Jason from telegram lol.

You are going to be a registered security token in the United States?

10% of net profits will be used to buy gold ETFs, these will be put into an escrow account and will only be available in case EGM goes out of business.

How this helps you is your tokens base value is getting insured by these gold ETFs so it gives your token a real FIAT minimum value. And as we keep backing it with more gold ETFs, your investment will keep getting more and more insured.

10% of net profits will be used to buy gold ETFs, these will be put into an escrow account and will only be available in case EGM goes out of business.

How this helps you is your tokens base value is getting insured by these gold ETFs so it gives your token a real FIAT minimum value. And as we keep backing it with more gold ETFs, your investment will keep getting more and more insured.
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That makes sense, thanks!

It is a great thing happening ever and we are looking for more developed features will come from this amazing platform.

How do you handle the situation when market is down?

eGold Mining has huge potentials over the cryptocurrency market mining and their noble mission are so appreciable.

At the beginning they always say responsibility and transparency, but finally they forget about that. What can guarantee if this project will still maintain responsibility and transparency in the future ?

How do eGold Mining solves the problem of budget in this time?

If we get full SEC approval, yes. Currently we are in the legal process.

The plan is to be able to be profitable during a down market so when a bull market comes around the company will be extremely profitable. We are going to be diversifying our mining into several different algorithms so our profit source is not dependent on a single coin. We will also be expanding into the most profitable coins with 20% of the profits every month. And we have cloud mining contracts and colocation contracts to diversify the way we bring in profits.

so, 50% will be shared with egold holders, does that mean that if i mine 100Egold coins 50 of them will be given to other egold holders and i retain 50, or is it better that i dont mine hold and benefit from miners.

We will be doing the mining and we will be mining BTC, ETH, LTC, DASH, ZEC, etc.

50% profits mean that after all expenses are paid for the month, 50% of the profits will be shared with token holders depending on the amount of eGM tokens they hold.

wow, this is a very beautiful idea am in love with it, i have quite a number of questions but i do not want to ask from an illiterate point of view, let me take my time and read the op again, am interested here.

per SEC rules, we must provide quarterly accounting reports. If we do not provide these, we lose our security token. We are legally obligated to be transparent.

yes please! The white paper is easily accessible and has everything you need to know about the company!

We are close to the start of our STO! Please be on the lookout for an update!

The eGM Token Sale is officially live!

International Investors ONLY in this round.

100% BONUS for all investors until Feb 1 2019.

100 eGM minimum investment. (Currently $50 minimum)

Come join the eGM family!

www.egoldmining.com

https://t.me/egoldmining

if you need bounty manager and community manager pm us , we are a team ...

thilinasandaruwan417@gmail.com

$50 minimum investment for eGM currently. Come join the eGM family and earn a passive income every month!

International as in non-American?
Why's that?

Offering is under Regulation S and does not allow any American investors.

Okay so let's talk about your transparency. 

You call yourself a Doctor when you have never even been a GP, all you have done is been a resident and then achieved the right to become a Doctor with further training and oversight by real Doctors. 

So there is lie number 1.

You do not mention that you due to absolutely no one touching this ICO you changed the soft cap from $3 Million to $500 Thousand so you can still have a money grab.   Not that it will reach that, only $32 Thousand invested so far, so NONE of your campaign people will get paid.

You also fail to mention that there is no land or space allocated for mining, you have no mining experience and you are basically starting with nothing with zero capital, zero experience in the industry and anyone who invests will have their funds locked up for a year.   :D


You have also not made public here, that you and your friend in the Telegram BAN anyone who even asks legitimate questions, I have been a member there for months and only posted 2 times.  But I have been reading it and I have seen you ban people who dare to ask about your qualifications, what happens if soft cap is not met, asking for a letter from your attorney to show you are SEC compliant, and any other general topic that delves into your operation and plans. 

One last thing fake Doctor, you have also not made it public in this thread that even if people do buy into you scam that you are going to keep the majority for "operational costs". 

The mining will not start until 2020, just before BTC halving (lol) and you think you are going to be profitable when the major minors shutdown and ripped off their customers?   ::)


Anyone reading this stay away IT IS A COMPLETE MONEY GRABBING SCAM and will never be a live project. 

Now you would think if he was genuine he would come back, but instead he knows that everything I said above is true.

Feel sorry for the Bounty guys wasting their time.