nyatso88
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August 21, 2018, 07:41:04 AM |
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Goldma is bringing back 'the golden standard' to currency.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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NetwknGRU
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August 21, 2018, 07:51:40 AM |
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Goldma is bringing back 'the golden standard' to currency.
Oh yes, Goldma is bringing the Gold standard back to currency!! Just imagine the possibilities? Having a currency that is a reliable store of value (peace of mind) |
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rutendojenkins
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August 21, 2018, 10:16:19 AM |
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Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile
Exactly. Gold is one of the most reliable instruments that provide profit Risky investments can be attractive, as the rewards tend to be significant. However, these investments also tend to be more volatile. Investing in gold can help offset this volatility, as gold doesn’t correlate with most assets in the long term. |
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Hendrix_Coin
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August 21, 2018, 01:38:28 PM |
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Interesting perspective. I think real value is consistent. I think that's what makes Goldma valuable. It is backed by an asset that is consistant because gold is not volatile
Exactly. Gold is one of the most reliable instruments that provide profit Risky investments can be attractive, as the rewards tend to be significant. However, these investments also tend to be more volatile. Investing in gold can help offset this volatility, as gold doesn’t correlate with most assets in the long term. The point is that Goldma has an opportunity to re-introduce the gold standard. Backing a currency by gold provides a self-regulating and stabilizing effect on the economy. It discourages inflation as well as government budget deficits and debt  |
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Lovecurrency
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August 21, 2018, 01:39:42 PM |
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In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.
In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.
These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.
So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!
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rutendojenkins
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August 21, 2018, 01:55:51 PM |
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In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.
In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.
These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.
So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!
What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world! |
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NetwknGRU
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August 21, 2018, 04:09:52 PM |
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In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.
In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.
These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.
So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!
What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world! I like when tou say Goldma is changing the world, thats a very good attribute to look into if you want ro invest. In this day and age a good project is one that identifies a problem and comes up with a solution. World changing ideas are now the standard of success. |
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SellnBuy037
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August 21, 2018, 04:27:43 PM |
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In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.
In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.
These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.
So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!
What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world! I like when tou say Goldma is changing the world, thats a very good attribute to look into if you want ro invest. In this day and age a good project is one that identifies a problem and comes up with a solution. World changing ideas are now the standard of success. And I just want to add, to be honest, that there are not many projects with such a great reputation, such a warm team and such caring about people (especially talking about Zimbabwe)! I wish Goldma all the best |
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rich-ria
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August 21, 2018, 04:28:16 PM |
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The GMA token will be listed on the Waves DEX soon after the ICO. In essence, WAVE DEX has fused both the decentralized and centralized exchanges for the users to trade WAVES-based digital assets such as WAVES, fiat and crypto currency tokens like wETH and wBTC. Additionally, WavesDEX will have the users experience a risk-free trading operation with all the transactions set to take place on the Waves blockchain. Very reasonable decision, as for me
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NetwknGRU
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August 21, 2018, 04:44:15 PM |
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In history, back in ancient Rome, the Emperor Augustus (30 B.C.-14 A.D.) set the price of gold at 45 coins to the pound.
In other words, a pound of gold could make 45 coins. The next revaluation occurred during the reign of Marcus Aurelius Antoninus (211-217 A.D.). He debased the value to 50 coins for a pound of gold, making each coin worth less and the price of gold worth more. Diocletian (284-305 A.D.) further debased gold to 60, then Constantine the Great (306-337 A.D.) debased it to 70. They did this to finance the military so they could stay in power. They also increased taxes.
These emperors lowered the value of the currency so much it created hyperinflation. To give you an idea, in 301 A.D., one pound of gold was worth 50,000 denarii (another coin based on silver). By 337 it was worth 20 million denarii. As the price of gold rose, so did the price of everything else. Middle-class people could not afford their daily needs. That's one reason the Roman Empire began to crumble.
So even back during this time Gold was used as a medium of exchange and a store of value. Also, this is an example of what can happen to a nation when the government does the above. A very interesting concept with history and already working product!
What a history,It shows that gold backed currencies are the way to go.Goldma is definitely changing the world! I like when tou say Goldma is changing the world, thats a very good attribute to look into if you want ro invest. In this day and age a good project is one that identifies a problem and comes up with a solution. World changing ideas are now the standard of success. And I just want to add, to be honest, that there are not many projects with such a great reputation, such a warm team and such caring about people (especially talking about Zimbabwe)! I wish Goldma all the best That is a very important observation.. the needs to care more and companies that depend on mother earth need to pto give back. Thank you Goldma for your huge efforts in trying to change the world.. and your team does it with a smile on their faces  |
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tonyhawk909
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August 21, 2018, 09:29:25 PM |
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Some aims are to decentralize the opportunity to invest in a multi-million dollar gold mining projects and to enable anyone to inexpensively and securely transfer value anytime, anywhere. If anyone knows other, please share! Thanks for that!!
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mikeormike
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August 21, 2018, 09:30:04 PM |
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Some aims are to decentralize the opportunity to invest in a multi-million dollar gold mining projects and to enable anyone to inexpensively and securely transfer value anytime, anywhere. If anyone knows other, please share! Thanks for that!!
Several more are: you can store value in an asset backed cryptocurrency, they allow companies and investors a means of receiving and remitting investment/royalties/dividends anywhere, anytime without the barriers of cash, they provide a means of GMA token holders to earn royalties on their investment into our gold mining company |
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ukloon
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August 21, 2018, 10:01:38 PM |
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The team is one of the reasons why investors are attracted to this project, it is not just a one man team, we can see several different people all showing a lot of support for Goldma. When they show their support, it is done by happy people rather than workers just paid a wage. This shows that the project is genuine and will be pushed forward by a great team
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velona-lee
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August 21, 2018, 10:22:55 PM |
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Goldma is trying to get everyone included ,and give everyone this once in a life time opportunity to invest in a currency that is going to change the world!
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velona-lee
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August 21, 2018, 10:23:49 PM |
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The team is one of the reasons why investors are attracted to this project, it is not just a one man team, we can see several different people all showing a lot of support for Goldma. When they show their support, it is done by happy people rather than workers just paid a wage. This shows that the project is genuine and will be pushed forward by a great team
Team is experienced and I love it. They really know how to make goldma better, successful |
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avalane9z
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August 21, 2018, 10:34:52 PM |
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There is a sense of security that comes with Gold as an asset. When markets collapse, people turn to Gold. And that's why there is always demand for GOLD! Time to buy Goldma tokens
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AwanishSu1
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August 21, 2018, 10:43:50 PM |
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Zimbabwe is rich in minerals and precious metals. Is there anything else in this mine other than Gold? Not to say that gold isn't enough! it is certainly a valuable asset to mine, but there might be something else there or in an area nearby
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alicejohnson
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August 21, 2018, 10:48:16 PM |
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If you invest in the GMA token a gold backed crypto currency – you don’t have to face the possible consequences of loss if the digital currency in fails or falls in price. That was stability means!
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nyatso88
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August 22, 2018, 09:09:47 AM |
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People across the globe are looking for a stable store of value.Goldma in one  |
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NetwknGRU
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August 22, 2018, 09:29:10 AM |
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Some aims are to decentralize the opportunity to invest in a multi-million dollar gold mining projects and to enable anyone to inexpensively and securely transfer value anytime, anywhere. If anyone knows other, please share! Thanks for that!!
Several more are: you can store value in an asset backed cryptocurrency, they allow companies and investors a means of receiving and remitting investment/royalties/dividends anywhere, anytime without the barriers of cash, they provide a means of GMA token holders to earn royalties on their investment into our gold mining company Well said there!!the features of the GMA token are not limited but vast indeed. Goldma aims to: . Democratize Gold investment . Return value back to currency through gold. . Reliable store of value . Give investors a return on their investment while they hold value. . allow companies and investors a means of receiving and remitting investment/royalties/dividends anywhere, anytime without the barriers of cash. . Develop communities though corporate responsibility |
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