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221  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 30, 2021, 08:51:28 AM
So sad to see the contract address got attacked. But thanks god all the funds are safe.
Dear GOLD_official,
Do you know when the new smart contract will be created and ready to use?

Dear LEviathan.007,

I do not know this, since I am not in a dev team. But I know for sure that it is not necessary to rush devs in creating a new smart contract.

By the way, as a GOLD token user, I have my own questions. The Digital Gold LTD did not try to save money by creating smart contract on its own. They ordered such development by a large blockchain company then they gave the smart contract for the audit to the leaders in that sphere. Why that two companies made such big mistakes in their professional activities?

Regards,
Support Team @ Digital Gold
https://gold.storage
222  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 30, 2021, 05:26:18 AM
...Recently our smart contract was attacked. As a result the GOLD token smart contact (developed by Ambisafe) will undergo extensive security audit. Once the audit is competed a new contract will be created and user balances that existed prior to the first hacking activity restored...

Of course is very sad info for Digital Gold project but I have trust in the team that they will resolve this situation.

As for now we need to wait for more updates but i am happy that my tokens are not compromised, only the price on exchange dropped not a big thing to be honest.

Especially if we can still sell at the good price on marketplace. Let's give them some time to fight the hacker. Fingers crossed team.

Dear wwzsocki,

You don’t have to worry about your funds. They are in a safe place. The next steps will be: creating a new smart contract, checking it, transferring the GOLD tokens to the holders’ wallets of the new smart contract.

The price has not changed. It is still 1 GOLD token equal to 1 gram of gold. The marketplace will work when the new contract will be created.

Regards,
Support Team @ Digital Gold
https://gold.storage
223  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD on: March 29, 2021, 04:30:22 PM
what happened to digital gold?

Dear GOLD token holders,

Recently our smart contract was attacked. As a result the GOLD token smart contact (developed by Ambisafe) will undergo extensive security audit. Once the audit is competed a new contract will be created and user balances that existed prior to the first hacking activity restored.

Previous audit by Chain Security of year 2019 failed to discover the vulnerability.

Gold Storage has taken all actions according to all applicable industry standards to protect users and its assets.

We sincerely apologize for the inconvenience caused.

Regards,
Support Team @ Digital Gold
https://gold.storage
224  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 29, 2021, 09:05:24 AM
why did the price drop dramatically?  I saw in Bitforex the trade is no longer available

Dear Always AL,

Please use our marketplace for the price check of the GOLD token https://gold.storage/en/market Currently our tech team is sorting out what happened. All user funds are in a safe place. The gold is in the Bullionstar vault. https://www.bullionstar.com/myaccount/audit account   17081. You can personally check it here.

A snapshot of holders' wallets was taken before the Bitforex incident. All gold tokens which were on users' wallets are safe.

Regards,
Support Team @ Digital Gold
https://gold.storage

Can you please answer the concerns of the community members here regarding the smart contract being compromised? Especially that your total supply already increased by millions? Any explanation on this?

Dear Cheescarls,

The contract was audited by ChainSecurity https://gold.storage/Statement-of-Security-Audit-for-Gold.Storage.pdf  However, if it has been compromised, then all newly issued tokens have not been accepted for exchange on our marketplace.

How exactly the issue will be resolved is a task for our tech team.

Regards,
Support Team @ Digital Gold
https://gold.storage


Dear GOLD token holders,

Recently our smart contract was attacked. As a result the GOLD token smart contact (developed by Ambisafe) will undergo extensive security audit. Once the audit is competed a new contract will be created and user balances that existed prior to the first hacking activity restored.

Previous audit by Chain Security of year 2019 failed to discover the vulnerability.

Gold Storage has taken all actions according to all applicable industry standards to protect users and its assets.

We sincerely apologize for the inconvenience caused.

Regards,
Support Team @ Digital Gold
https://gold.storage
225  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 29, 2021, 05:24:15 AM
why did the price drop dramatically?  I saw in Bitforex the trade is no longer available

Dear Always AL,

Please use our marketplace for the price check of the GOLD token https://gold.storage/en/market Currently our tech team is sorting out what happened. All user funds are in a safe place. The gold is in the Bullionstar vault. https://www.bullionstar.com/myaccount/audit account   17081. You can personally check it here.

A snapshot of holders' wallets was taken before the Bitforex incident. All gold tokens which were on users' wallets are safe.

Regards,
Support Team @ Digital Gold
https://gold.storage
226  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 28, 2021, 05:41:12 PM
Can you explain the massive price dump here? Never saw this one coming in a sudden way!!!



This is the first time I've seen this coin getting dumped this big instantly. Probably a whale dumper or something?

Dear cheezcarls,
On bitforex exchange, somebody sold a big amount of gold tokens. There were not enough buy orders to buy that amount that's why the price fall. Right now you can see that price on Coinmarketcap and Etherscan.

This can happen on any exchange with any cryptocurrency. Just wait for the working days (now is the weekend) and then you can exchange tokens on our marketplace at a price of 1 token equals 1 gram of gold

Regards,
Support Team @ Digital Gold
https://gold.storage
227  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 24, 2021, 06:15:49 AM
Today I looked for GOLD on Coinpaprika, unfortunately I did not find a listing on Coinpaprika?

IT's possible for the team to fill out the request at Coinpaprika?

https://coinpaprika.com/add/

THX

Dear Buchi-88,

It is the first time when we see that website. We will ask the team to add a GOLD token on that platform.

So how does this project develops? I don't see many news here and also twitter account is not working right now. Would be nice to know more about how things are going for this project

Dear azrandys,

The most fresh news is published in official telegram channel. https://t.me/digitalgoldcoin subscribe and follow it.

Regards,
Support Team @ Digital Gold
https://gold.storage


I aslo send the request to Coinpaprika, and today i become the Mail that GOLD is listed at Coinpaprika!

https://coinpaprika.com/coin/gold-digital-gold/

Dear Buchi-88,

Thanks for taking care of the project. We are very grateful for that.

Regards,
Support Team @ Digital Gold
https://gold.storage
228  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD on: March 19, 2021, 07:23:27 AM
Any open position in signature campaign?

Dear adamvp,

Leave a auth post in the bounty thread and the manager will decide.

Regards,
Support Team @ Digital Gold
https://gold.storage
I left an application, but they didn't answer me, can you tell me if I was accepted or not?

Dear sunny28,

we do not answer to all applications. If you will be selected you will receive the private message with invitation.

Regards,
Support Team @ Digital Gold
https://gold.storage


I think that this way of acting is not good, it would be better for the manager to send PM to people who were accepted, but also to send PM to people who were not accepted

for example:

imagine that person X and person Z applied for the signature campaign:

two days later person X receives PM from the manager telling him that he has been accepted into the campaign, but person Z has 7 days without any response or without receiving any PM if he has been accepted or rejected

it is not difficult to send PM to people and tell them that they were not accepted in the campaign.

I applied for this campaign and spent many days and did not receive any response, I would sincerely be satisfied if at least I had received a PM from the manager telling me that I was not accepted

I'm just giving you a suggestion. I wish the campaign to be very successful, so far it has been a good example

Dear Slow death,

Thank you for your suggestions. Usually, we reply in 1-2 days. If you do not receive the message after posting the auth message in the thread you can search for another campaign.

Regards,
Support Team @ Digital Gold
https://gold.storage
229  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD on: March 18, 2021, 07:59:34 AM
All bounty payments for the February campaign were made. Thank you all for your participation.
230  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 18, 2021, 07:54:48 AM
You mean you have bought Gold tokens and now pay commission for their holding? I see that at first you paid that tax every day, now you pay it in 10 days so they can change interval and amount of commission.  Dude, I don’t want to upset you but you are robbing. There is no any practical use in holding such token or one day you’ll find out that you are out of tokens.
P.S.: Possibly I don’t understand smth and this is very promising project but if I were you I’d better get rid of this shitcoin as quickly as I can.

Dear Dowox,
Thank you for your comments.
Investors have some ways to store gold.
- Buy gold and store it at home. (The risks are understandable)
- Buy gold and store it in the bank vault. You should pay for this to the bank
- Buy gold ETF. You will be surprised, but you will pay an annual fee for holding that ETFs.
- Buy the GOLD token and pay the fee to Digital Gold LTD which also pays the fee for storing physical gold, not ETFs, in the BullionStar vault.
The choice is yours.
Regards,
Support Team @ Digital Gold
https://gold.storage
Sorry, maybe I was a bit impulsive, what you say is obvious but here is one thing. I want you to understand it. When I invest in physical gold (buy 100 grams for instance) and put it into real bank vault (no doubt I’ll pay commission for holding my physical gold in safe) when I'll came back in a year, two years, ten years or more, I’ll take back 100 grams of physical gold and no gram less.
However all investors that invest in your Gold, firstly, never saw that physical gold (so this project is totally based on credibility). Secondly, every 10 days they observe how their Gold vanishes. Thirdly, if one day someone of investors of this project will say: “I want to exchange my Gold coins on my physical gold that is stored in your vault!” What will you do?


Dear Dowox,

One more thanks for such posts.

You are completely correct. Storing physical gold in a safe deposit box is a good option.

However, from the point of investments buying 100 grams of gold does not make any sense. The spread will be around 10%. It will be equal to the GOLD token fee for the next 10 years.

More is that the rent of a small deposit box will cost you 30-50 euro a month. If you come back 10 years later you may not receive even 1 gram of gold back. All of its costs will go to pay for the rent.

Therefore, it is optimal to buy and store at least 1 kilogram of physical gold. Today it is about $ 55,000.

Investors don't really see the gold stored in the BullionStar vault. But it is the same that investors do not see gold when buying ETFs and they can't exchange it for physical gold.

Therefore, every investor who buys paper, physical or digital gold makes a decision based on many different conditions and desires.

Regards,
Support Team @ Digital Gold
https://gold.storage
231  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 17, 2021, 11:16:39 AM
It is my heads up for people who make their very first ERC-20 transactions or the Gold marketplace trades.

Sometimes, your transactions will be stucked if you use low gas price and the Ethereum network suddenly becomes more full. You will need to cancel your transactions or replace them.

[GUIDE] How to cancel or replace an ETH transaction (Metamask, MEW, MyCrypto)

Remember that when you use the Gold marketplace, you will have to send your Gold tokens to the ETH address that is given by the Gold marketplace. That address is not the address you will receive your tokens. In other words, you can not move your GOLD ERC-20 tokens from your wallet to your ETH address in your trading exchange. Send them to address on GOLD marketplace, and the marketplace will send ETH or BTC to your exchange address.

If you make that mistake and luckily enough if you use low fee, your transaction is still Pending, you can cancel it. When you cancel your wrong transaction, choose high Gas price as you need to cancel as fastest as possible.

Exchanges don't give you support to claim your GOLD ERC-20 tokens that were sent to your ETH address by your mistakes.

Dear tbct_mt2,

Thank you for such good guide. This information will be helpful for all GOLD token users.

Regards,
Support Team @ Digital Gold
https://gold.storage
232  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD on: March 13, 2021, 12:13:25 PM
Any open position in signature campaign?

Dear adamvp,

Leave a auth post in the bounty thread and the manager will decide.

Regards,
Support Team @ Digital Gold
https://gold.storage
I left an application, but they didn't answer me, can you tell me if I was accepted or not?

Dear sunny28,

we do not answer to all applications. If you will be selected you will receive the private message with invitation.

Regards,
Support Team @ Digital Gold
https://gold.storage
233  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 06, 2021, 08:49:43 AM
You mean you have bought Gold tokens and now pay commission for their holding? I see that at first you paid that tax every day, now you pay it in 10 days so they can change interval and amount of commission.  Dude, I don’t want to upset you but you are robbing. There is no any practical use in holding such token or one day you’ll find out that you are out of tokens.
P.S.: Possibly I don’t understand smth and this is very promising project but if I were you I’d better get rid of this shitcoin as quickly as I can.


Dear Dowox,

Thank you for your comments.

Investors have some ways to store gold.

- Buy gold and store it at home. (The risks are understandable)
- Buy gold and store it in the bank vault. You should pay for this to the bank
- Buy gold ETF. You will be surprised, but you will pay an annual fee for holding that ETFs.
- Buy the GOLD token and pay the fee to Digital Gold LTD which also pays the fee for storing physical gold, not ETFs, in the BullionStar vault.

The choice is yours.

Regards,
Support Team @ Digital Gold
https://gold.storage
234  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 05, 2021, 08:02:15 AM
...fee will be taken every 10 days and the problem for almost all wallets with a small GOLD balance has been solved...

Just want to confirm this announcement.

Is this already implemented? What is the maximum of GOLD tokens we can hold in the wallet to be eligible for the smaller fee?


PS
Of course, I like this idea very much and big applause for that implantation to the Digital Gold team.

Dear wwzsocki,

Yes, it is already implemented. We take a fee every 10 days and the minimum amount is 0.001 GOLD. If you hold a big amount it will be a 0.99% annual fee. I counted now if you hold 3.68 GOLD or more, you will be taken 0.99% annual fee.

Regards,
Support Team @ Digital Gold
https://gold.storage
235  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD on: March 04, 2021, 09:46:33 AM
Can I record a video in Russian by attaching subtitles to the video? I want to do regular content on gold and your project. Let's say one video a week.
I am sure that I will be able to provide content much better than what I am doing now.

Dear anatolij.shishkin,

Here is the list of accepted languages: English, Spanish, German, Japanese, Chinese, Korean, French, Portuguese, Turkish. We do not accept videos in Russian.

Regards,
Support Team @ Digital Gold
https://gold.storage
236  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOLD Stablecoin – $200,000 - payouts in BTC, ETH, GOLD on: March 04, 2021, 06:34:33 AM
Any open position in signature campaign?

Dear adamvp,

Leave a auth post in the bounty thread and the manager will decide.

Regards,
Support Team @ Digital Gold
https://gold.storage
237  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 03, 2021, 09:38:31 AM

I look around the website today and found that the figure in features page is not accurate. The team can check and correct the typo if it is truly a typo. Other pages show the annual storage fee is about 1% (0.99%) as you pointed out but in the features page, it is given at 9.95%.


Dear tbct_mt2,

Thank you for that information. It was a mistake of website developers. I will forward it to the team and they will edit that.

Regards,
Support Team @ Digital Gold
https://gold.storage
238  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 02, 2021, 09:53:20 AM
Hi. I have participated in GOLD Signature campaign and got paid. I really want to be a HODLER.
but why my GOLD tokens are automatically slowly being taken away?

see the wallet below and all the token Transactions in Screenshot. everyday I am loosing a small amount of GOLD tokens. I have no idea how is this happening and how is responsible for this. I am pretty sure my wallet is not hacked. it is pretty much being done through a smart contract.

https://etherscan.io/address/0xed0d7294a767D0EbfF0cC46f365193f2C80D2D49#tokentxns

what is this? can I get an answer? who is stealing my tokens? will I loose all my GOLD tokens slowly like that?

so far 0.039 GOLD tokens taken away from my wallet by this shady smart contract.


Dear aTriz,

The 0.99% annual fee is charged for the storage of the gold. The same fees are charged for different ETFs and paper gold on the stock exchanges. If a small number of GOLD tokens are stored on the wallet, the storage fee could be higher, because of the minimum size of the fee - 0.001 GOLD. Now, this fee will be taken every 10 days and the problem for almost all wallets with a small GOLD balance has been solved.

are there no longer 'daily fee' transactions? I had last one 4 days ago and next to it, 14 days ago.

Dear libert19,

Yes. We changed the way of taking fees. Now it will be one transaction in 10 days.

Regards,
Support Team @ Digital Gold
https://gold.storage

One more question, aren't smart contracts immutable, how duration was changed?

Dear libert19,

When the contract was created we added the possibility to change the commission withdrawal interval. It was made in advance. 2 years ago nobody can even imagine what the ERC-20 network fees will be so high.

Regards,
Support Team @ Digital Gold
https://gold.storage
239  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: March 02, 2021, 06:40:53 AM
are there no longer 'daily fee' transactions? I had last one 4 days ago and next to it, 14 days ago.

Dear libert19,

Yes. We changed the way of taking fees. Now it will be one transaction in 10 days.

Regards,
Support Team @ Digital Gold
https://gold.storage
240  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold on: February 27, 2021, 08:14:22 PM
What do you think about launching Binance Smart Chain version of the token?

Maybe adding adding the token into another blockchain is a good idea because the fees are very high on Ethereum blockchain due to the network situation. Binance chain or Tron chain can be good idea and can be a great step forward for the project. However, technically I'm not sure if it's even possible for the company to do such thing

Dear Leviathan.007,

Technically anything can be done, but we should think about expediency. The Digital Gold company did not make any ICOs, did not attract investors to the project. It was completely created on our own funds. In theory, the project can work next 100 years. We have nowhere to rush. The gold and GOLD stablecoin will always rise against USDT. Therefore, we are waiting for the Ethereum 2.0 launch, where the fees should be much lower. If this does not happen, then we will adjust the project development.

Regards,
Support Team @ Digital Gold
https://gold.storage
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