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Author Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold  (Read 30245 times)
safari88
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October 17, 2019, 01:40:28 PM
 #241

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

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October 17, 2019, 02:55:27 PM
 #242

if you want to focus on the values of your crypto resources. Your benefits can preserve its value, because each GOLD token is physical gold. GOLD, because its value depends on the value of gold. Gold is a phenomenal difference from stable coins in rubles or euros.
It is very good if the GOLD project is able to create the price of the token in accordance with physical gold, if they are able to create this, of course it is a very extraordinary thing, and if this project has received many awards, many people will invest in GOLD coins for distance long
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October 17, 2019, 03:20:41 PM
 #243

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

I know Catex and Coinsbit are new exchanges and it might take a long time for volume to exist, I just hope that GOLD tokens on all exchanges have trades, and that more and more people are familiar with GOLD tokens in various exchanges.

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wwzsocki
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October 17, 2019, 05:03:19 PM
 #244

Regarding the audits, how authentic do you think are those? Is there no bias in undertaking such audits? I still have hesitations on this project as I remembered the Maya Preferred project. They have all the docs attached showing the metals owned by the team, yet, it turned out to be a huge scam.
I'm aware of the Maya scam situation but this project is different because the audit is already confirmed Chain Security and a user has emailed them either for proof. So, the case of Gold digital token is different and the project was launched without ICO,IEO etc.

As much as I have checked this is not fake and live audits are confirmed but BullionStar just like quoted above.

If you read this thread carefully I have written about this some time ago and posted all needed screens and links to all audits and websites.

Additonally, there are third-party audits that are made by service from outside Digital Gold and BullionStar companies.

Here you are my post one more time:

I still keep reading about the Digital Gold project because I will fully understand how it works exactly and first what I thought about was the Gold of course, which has to be bought and stored.

There are so many scams in the crypto world that I just don't believe in empty words on a web page, only pure facts that I am able to check correctly.

So, I started to look for the stored gold, of course, because this is the core of this project and was very happy to find this after literally two clicks on the Digital Gold website.



On the project page https://gold.storage/en-US/audits everybody can easily find live audits reports with all detailed pieces of information about gold in the storage.

As, I am completely unable to believe, to any assurances and always have to see tangible evidence, I was very happy to find out, that all audits are firmed by  https://www.bullionstar.com, very well known company which offers 600 different products across 10 different categories related to gold and one of them is Bullion Vault Storage, which Digital Gold project is using.

This is very easy to validate certificates because Digital Gold provides storage live audit data on the https://www.bullionstar.com/myaccount/audit page and everyone can check everything carefully.



Transparency in such a project is the key. Still, I haven't found one last answer to my question, which is: How is guarded access to stored gold?

What I mean is that a bad actor won't have access, for example, someone from the project and how is it secured? Who has access and how is it billed?

I just wonder and I'm afraid if there is such a possibility that someone from the project with access to the gold storage, will empty it and disappear one day. 

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October 18, 2019, 01:24:32 AM
 #245

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

I know Catex and Coinsbit are new exchanges and it might take a long time for volume to exist, I just hope that GOLD tokens on all exchanges have trades, and that more and more people are familiar with GOLD tokens in various exchanges.
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.

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October 18, 2019, 02:04:56 AM
 #246

Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
It's the reason they are trying to advertise it around the forum and social media at least upto Jan next year (if i remember very well). Of course adoption and liquidity is very important with more people buying and selling the token.

It really needs more exposure on media and also confidence from people that this is the real deal and not like the previous scams.

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GOLD_official (OP)
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October 18, 2019, 05:16:59 AM
 #247

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

Dear safari88,

We will be the market makers only on exchanges with which we have agreements. If any other exchange will list GOLD token on its own, we won’t be able to provide the necessary number of buy orders.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)
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October 18, 2019, 03:58:52 PM
 #248

Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
Much people would be aware of the existence of the project cause the project team first focus on the project security and liquidity which was the reason the project audit was implemented and the token listed on exchange sites base on what the community ask for. Mind you, once the token get list on Bitforex in few days there will be awareness of the project but I will also advise the team to also participant in crypto summit/gathering in the future either.

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October 18, 2019, 04:35:21 PM
 #249

Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
Much people would be aware of the existence of the project cause the project team first focus on the project security and liquidity which was the reason the project audit was implemented and the token listed on exchange sites base on what the community ask for. Mind you, once the token get list on Bitforex in few days there will be awareness of the project but I will also advise the team to also participant in crypto summit/gathering in the future either.

I have not seen the announcement that the GOLD token will be listed on Bitforex until now, and he said on October 10, but that did not happen, until now the team has not yet been published how to hold a meeting in the future.

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posi
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October 18, 2019, 07:40:48 PM
 #250

Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
Much people would be aware of the existence of the project cause the project team first focus on the project security and liquidity which was the reason the project audit was implemented and the token listed on exchange sites base on what the community ask for. Mind you, once the token get list on Bitforex in few days there will be awareness of the project but I will also advise the team to also participant in crypto summit/gathering in the future either.

I have not seen the announcement that the GOLD token will be listed on Bitforex until now, and he said on October 10, but that did not happen, until now the team has not yet been published how to hold a meeting in the future.
You're right but the project was officially launched last month and it too early to talk about future meetings now. However, we both know that there are procedure to follow before an exchange would list a token due to the vaporizing situation of some project happening these days. Besides, the BM statement here should make you understand the hard work put together before the token was listed on the exchange site and consider the Bitforex listing update check there news section.

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October 19, 2019, 11:16:17 AM
 #251

Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
It's the reason they are trying to advertise it around the forum and social media at least upto Jan next year (if i remember very well). Of course adoption and liquidity is very important with more people buying and selling the token.

It really needs more exposure on media and also confidence from people that this is the real deal and not like the previous scams.

I think that would be the major bottleneck of this project. Because people were already burned by these so-called gold-backed, precious metal-backed projects that turned out to be full of crap just like the Maya Preferred 223, this will have hard time convincing investors to invest once again in a gold-backed project. Remind you, this MAPR coin has all the necessary documents that they have possession of these gold and silver assets, but it didn't stop them from deceiving users and luring them to buy their crap coin. I am really interested what will happen to this project few months or a year from now.
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October 19, 2019, 03:00:11 PM
 #252



I think that would be the major bottleneck of this project. Because people were already burned by these so-called gold-backed, precious metal-backed projects that turned out to be full of crap just like the Maya Preferred 223, this will have hard time convincing investors to invest once again in a gold-backed project. Remind you, this MAPR coin has all the necessary documents that they have possession of these gold and silver assets, but it didn't stop them from deceiving users and luring them to buy their crap coin. I am really interested what will happen to this project few months or a year from now.
It will also be interesting for me to watch him and see if they will restore confidence in such projects.I hope he does not repeat the fate of other similar gold-backed
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October 19, 2019, 03:25:07 PM
 #253

It will also be interesting for me to watch him and see if they will restore confidence in such projects.I hope he does not repeat the fate of other similar gold-backed


It is definitely very encouraging that they do provide liquidity for the token and you have that automated exchange feature on their website. That does show they have the finances required to back up all they've said. Also the fact that the audit is made by a swiss company is a big up. Even if you are the most skeptic you should grant the Digital Gold team some kind of trust. What would really make me comfortable is if they could integrate the token with some retailers and be a little more transparent on social media. I don't actually know who is in the team that controlls the company behind Digital Gold.
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October 21, 2019, 10:42:52 AM
Last edit: October 21, 2019, 11:43:02 AM by wwzsocki
 #254

Are these rumors about listing GOLD token on Bittrex exchange real? Is this information confirmed by the Digital Gold project team?

I have have heard such info on Telegram about Bittrex and wanted to confirm this before I will share it in my translated ann thread in the local section.

It would be great if anybody can confirm or deny these rumors. Are there any additional news for the Digital Gold project, which we can share on local boards?

GOLD_official (OP)
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October 21, 2019, 11:26:45 AM
 #255

Are these rumors about listing GOLD tokenonBittrex exchange real? Is this information confirmed by the Digital Gold project team?

I see a couple of posts in this thread about listing on Bittrex and wanted to confirm this before I will share it in my translated ann thread in the local section.

It would be great if anybody can confirm or deny these rumors. Are there any additional news for the Digital Gold project, which we can share on local boards?

Dear wwzsocki,

Right now we do not have any listing agreements with Bittrex exchange. However, exchanges can independently list our token, just like they do bitcoin listing or another coin.

Soon we will announce a listing on Bitforex. The delay is associated with the airdrop for all Bitforex active traders and the preparation of special contests for them.

At the moment, we are working with the Bitforex management team and it is not as fast as we would like to be.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)
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October 21, 2019, 06:24:10 PM
 #256

Soon we will announce a listing on Bitforex. The delay is associated with the airdrop for all Bitforex active traders and the preparation of special contests for them.

At the moment, we are working with the Bitforex management team and it is not as fast as we would like to be.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)
This is some awesome news. It's nice to know that the team is working hard to bring in more exchanges on board. It's reassuring and brings confidence to investors and traders alike. Keep up the good work  Wink

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October 22, 2019, 07:31:30 AM
 #257

Right now we do not have any listing agreements with Bittrex exchange...Soon we will announce a listing on Bitforex. The delay is associated with the airdrop for all Bitforex active traders and the preparation of special contests for them...

Thank you very much for this fast and detailed answer OP.

I think I messed something up and this rumor which I have heard in Telegram was about listing on Bitforex and not Bittrex or the person I was talking with messed up these two exchanges because of the similarity of the name, I assume. Anyways, this is great news to hear about Bitforex listing and I will be happy to share it in my local group.

This is big achievement taking into consideration how other new coins are struggling with exchange listings. Digital Gold just started and already is listed and expand very fast.

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October 22, 2019, 11:55:37 AM
 #258

Are these rumors about listing GOLD tokenonBittrex exchange real? Is this information confirmed by the Digital Gold project team?

I see a couple of posts in this thread about listing on Bittrex and wanted to confirm this before I will share it in my translated ann thread in the local section.

It would be great if anybody can confirm or deny these rumors. Are there any additional news for the Digital Gold project, which we can share on local boards?

Dear wwzsocki,

Right now we do not have any listing agreements with Bittrex exchange. However, exchanges can independently list our token, just like they do bitcoin listing or another coin.

Soon we will announce a listing on Bitforex. The delay is associated with the airdrop for all Bitforex active traders and the preparation of special contests for them.

At the moment, we are working with the Bitforex management team and it is not as fast as we would like to be.

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

It is true that tokens that will be listed on Bitfrorex are always airdrop and trading contests. I am sure that Biforex is the best way to introduce GOLD tokens to traders to get closer, I appreciate the delay, and this is a good decision.

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October 22, 2019, 04:50:17 PM
Last edit: October 22, 2019, 06:08:28 PM by tmfp
 #259


Soon we will announce a listing on Bitforex. The delay is associated with the airdrop for all Bitforex active traders and the preparation of special contests for them.
At the moment, we are working with the Bitforex management team and it is not as fast as we would like to be.

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

It is true that tokens that will be listed on Bitfrorex are always airdrop and trading contests. I am sure that Biforex is the best way to introduce GOLD tokens to traders to get closer, I appreciate the delay, and this is a good decision.

For a project that relies on its (heavily circlejerked) credibility, the massively (99%) washtrading shit exchange Bitforex is a strange choice.
It's like selling a Lambo at Joe's Used Car Lot.

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October 23, 2019, 07:40:47 AM
 #260

Continuation of the article on steemit about how you can use GOLD tokens, as well as save your money from inflation
https://steemit.com/erc20/@digitalgoldcoin/ways-to-use-gold-tokens-part-2-protecting-your-assets-from-inflation-with-minimal-volatility
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