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Author Topic: ⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️  (Read 79575 times)
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September 28, 2017, 10:30:26 AM
 #2241

What are graphene’s advantages compared to ethereum and other blockchains?
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September 28, 2017, 10:34:35 AM
 #2242

Yes, this is a good idea

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September 28, 2017, 10:40:50 AM
 #2243

How is the gold asset backed by gold?

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September 28, 2017, 10:49:56 AM
 #2244

Greetings!


What are graphene’s advantages compared to ethereum and other blockchains?


Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.


How is the gold asset backed by gold?


All of GoldMint's GOLD is backed by the reserves of physical gold or ETF that GoldMint has in its reserves. If there's not enough gold in GoldMint reserves, the company buys extra gold or ETFs in Switzerland.


With regards,
team GOLDMINT


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September 28, 2017, 10:55:19 AM
 #2245

A chance to be;  Strange alt of the week

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September 28, 2017, 10:59:02 AM
 #2246

stay tuned
waiting bounty fb and twitter has started

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September 28, 2017, 11:10:07 AM
 #2247

Does any person can trade GOLD for fiat?

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September 28, 2017, 11:14:29 AM
 #2248

How physical gold will be stored?

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September 28, 2017, 11:16:50 AM
 #2249

_______________________________________________________________

See our photo from Blockchain and Bitcoin conference in Almaty!
Behind the booth is our co-founder and CBDO Evgeny Volfman.
Did you get a chance to drop by?

_______________________________________________________________




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September 28, 2017, 11:20:24 AM
 #2250

What about GOLD exchange rate?

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September 28, 2017, 11:28:07 AM
 #2251

most of the coins don't give a fuck about us!

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September 28, 2017, 11:32:36 AM
 #2252

Greetings!

Does any person can trade GOLD for fiat?

You may be able to receive a cryptocurrency or fiat loan from GoldMint PTE LTD, using GOLD as collateral. All applicants will need to undergo the KYC* procedure.

How physical gold will be stored?

Physical gold is locked-up in storage and rated according to its value: 
                 Moody’s ​-  A2 and above.
                 Standard and Poor's​ - A and above. 
                 Fitch​ - A and above.

What about GOLD exchange rate?

Emission :1 GOLD = cost of 1 ounce of gold on stock exchanges + 5% commission for fiat-GOLD-fiat – no more than 4%
Buyback: 1 GOLD = cost of 1 ounce of gold on stock exchanges +  max. 5% commission for fiat-GOLD-fiat– no more than 4%

With regards,
team GOLDMINT

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September 28, 2017, 11:38:18 AM
 #2253

What is ETF?

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September 28, 2017, 11:45:26 AM
 #2254

How GOLD is connected with real gold?

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September 28, 2017, 11:52:27 AM
 #2255

what is gold?
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September 28, 2017, 11:57:26 AM
 #2256

sorry, to complicated and fishy for me

Ultra, Next-generation games distribution platform !
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September 28, 2017, 12:03:15 PM
 #2257

Greetings!

What is ETF?

ETF (Exchange Traded Funds) - An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

The three most popular ETFs are “Spiders” (ticker (NYSEARCA:SPY)), “Diamonds” (ticker (NYSEARCA:DIA)) and “Qs” or ""Qubes"" (ticker (NASDAQ:QQQ)).

Top ETFs for gold can be found on ETFDB . The commission for the management of a portfolio of gold is 0.2-0.8% per annum, depending on the volatility of gold and the inflow / outflow of investors. After analyzing the correlation between the value of gold and the stock price of the three largest ETFs - the GLD (announced expense ratio 0.4% ), the IAU ( 0.25% ) and SGOL ( 0.39% ) - we estimate that the real backlog of ETF shares in physical gold is about 0.7% (prices are taken from COMEX on the LME ). Commissions and broker commissions are taken into account in calculating our commissions for GOLD.

How GOLD is connected with real gold?

GOLD  is  a  crypto  asset  issued  by  GoldMint  that  uses  the  current  price  of  gold  set  on  the LBMA exchange   at the time of sale. 

                        ●   Equal to one ounce (31,1035 grams) of gold (999 quality) 
                        ●   Shards into 100,000 parts. 
                        ●   Commissions are given in GOLD.

Information  is  transmitted  to  the  blockchain  ledger  about the number  of  ounces  of physical 
gold or ETFs owned by GoldMint. ETF is bought on  he  stock exchange NYSE, Arca​ and subsequent  information  is publicized on GoldMint’s decentralized blockchain, making  it   transparent  and open to all members. Statements are received from the depositary (electronic or printed). 

All physical gold owned by GoldMint exists in the following forms: 

               a.   Manufacturer-certified bullions   
               b.    Gold coins 
               c.   Gold jewelry 
               d.   999 quality granules, stamped by manufacturer

what is gold?

GOLD is GoldMint's cryptoasset. It’s value is aligned to the current LBMA price of gold. One GOLD equals one ounce (31,1035 grams) of gold (999 quality) on the stock exchanges + 5% commission (max.)

With regards,
team GOLDMINT

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September 28, 2017, 12:08:59 PM
 #2258

how is the gold asset backed by gold?

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FRELDO
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chaolang
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September 28, 2017, 12:16:22 PM
 #2259

what is an etf and how can it back gold?
makemebeat
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September 28, 2017, 12:21:07 PM
 #2260

where does goldmint store its physical gold and which etfs back gold cryptoassets?
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