Well, this way GB price will only go down and it shows that GB is not baked with gold.
Yes, you can buy gold with GB but just as with any other crypto or fiat wich have their values set through all kind of ways.
...so yes, I agree, 230% price increase for your gold bars is not right way to do it unless you want further crash the price of GB.
GB price will go as it should go, depends of many things.
GB is not backed up with gold, only direct fiat investors are.
Again for the price, why you are so interested about GB price on the market ? And you talking about some crash r something ? is that so important to you ? Like everyone here ? Since GB was launched i was listening just: " scam scam, and, when exchange dev? pay for exchange dev," now, GB is on are on 3 exchanges, and now i am listening "pay to ccex dev, pay to Bittrex dev" And stuff like" it will crash dev"
If it was launched like ICO, we would listen screams in red like "scam".
come on, i am tired of this comments. Keep them for yourself. Seems that people like scam coins more then fair coins.
Price on the market for GB will be stable after ~ 1 year. Everything in between is not important to our company. If you talking about some crash to 1 satoshi, thats ok too, i'll buy them all, and bring back price, but in this case i will have all the coins, which is not our goal. I can crash the price now if you want, i have many tools to do that. And also i have many tools to rise the price, but you must understand that GB is different, we are not market price manipulators. Price on the market is natural. People enters, people leaves. Thats ok. As for 230% price increase, i see one thing, that you are sitting with your calculator open on your smartphone.
btw we are busy developing GB on many fields. Fields that i can't elaborate here. Marketing strategy and development can be always changed and adjusted.
in the meantime, we are giving the chance to people, to actually get some worth, gold thing from Crypto world, because if you ask most of here, they didn't earn nothing from crypto except some virtual numbers on exchanges that can be crashed, like we have seen many crashes.
Gold in hands is only thing that will have value in the coming years, and we are giving that to our investors.
Time not only heals wounds, but also makes GB to be spreaded well to the right hands.
The most loyal will always have profit, and will collect some gold that also goes up through years.
