ChrisPop
Legendary
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Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2019, 09:03:59 AM |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange. GOLD is a stablecoin so I don't mind it being listed on as many exchange as possible, be it decentralized, centralized or shady. After all it is a cryptocurrency that traders can do whatever they want with.
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wwzsocki
Legendary
Offline
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2019, 10:56:20 AM Last edit: October 23, 2019, 08:11:28 PM by wwzsocki |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning of crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody I know was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex.
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posi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2019, 04:21:59 PM |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex. To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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kojektea
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 23, 2019, 05:57:36 PM |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex. To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market. I have also seen things like that in other projects but will this not have a negative effect on future GOLD projects? Is nothing bad going to happen by making fake volume? And this kind of thing is called fake but the project needs this
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libert19
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October 24, 2019, 02:40:17 AM |
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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. I find this project legit, however I do agree those spammers circlejerking, is getting very annoying lately. And guess what, most of them are wearing cryptotalk signature.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 24, 2019, 09:18:05 AM |
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The price of gold will not go down as bad as other coins, if you have prepared big money to invest then make a purchase now because in my opinion gold is currently slightly down,
To buy Gold tokens do it faster because it will be good for your investment.
Why would you compare the Gold price with altcoins prices? I don't see any correlation as the GOLD token is pegged to the physical gold market price & looking at the higher timeframes on Gold we are now in a consolidation and the sentiment is bullish. Altcoins go down with 99x while Gold went down maximum 30% on the 2008 crisis.
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posi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 24, 2019, 03:10:23 PM |
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The price of gold will not go down as bad as other coins, if you have prepared big money to invest then make a purchase now because in my opinion gold is currently slightly down,
To buy Gold tokens do it faster because it will be good for your investment.
Why would you compare the Gold price with altcoins prices? I don't see any correlation as the GOLD token is pegged to the physical gold market price & looking at the higher timeframes on Gold we are now in a consolidation and the sentiment is bullish. Altcoins go down with 99x while Gold went down maximum 30% on the 2008 crisis. The gold price cant be compared with every crypto in the market cause Gold has been in existence for thousands of years and been used as store of value. With the decreases in supply of gold in the market the price of gold will experience some surge in price. 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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex. To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market. I have also seen things like that in other projects but will this not have a negative effect on future GOLD projects? Is nothing bad going to happen by making fake volume? And this kind of thing is called fake but the project needs this No, it will never affect the future or present price of every coin listed on such exchange which fake volume but only make such exchange site up rank on the capital market listing. Note: Volume is the total amount of activities (buy/sell) either in BTC or USD did on an exchange site.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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posi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 24, 2019, 09:05:27 PM |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex. To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market. I have also seen things like that in other projects but will this not have a negative effect on future GOLD projects? Is nothing bad going to happen by making fake volume? And this kind of thing is called fake but the project needs this No, it will never affect the future or present price of every coin listed on such exchange which fake volume but only make such exchange site up rank on the capital market listing. Note: Volume is the total amount of activities (buy/sell) either in BTC or USD did on an exchange site. ouh so if it does not affect it, I think it is good to do so that the order is not empty either sell or buy, so that price stability is guaranteed and does not experience unstable increases and decreases I think you don't understand what I'm saying here because I'm talking about the whole cryptocurrency trading (BTC and all altcoin) done on an exchange site and the provision of the fake volume is an act of cheating which is the reason why most of the community are against it. Check this CMC exchange ranking for you to have more insight.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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tmfp
Legendary
Offline
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 24, 2019, 09:28:26 PM |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex. To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market. I have also seen things like that in other projects but will this not have a negative effect on future GOLD projects? Is nothing bad going to happen by making fake volume? And this kind of thing is called fake but the project needs this No, it will never affect the future or present price of every coin listed on such exchange which fake volume but only make such exchange site up rank on the capital market listing. Note: Volume is the total amount of activities (buy/sell) either in BTC or USD did on an exchange site. ouh so if it does not affect it, I think it is good to do so that the order is not empty either sell or buy, so that price stability is guaranteed and does not experience unstable increases and decreases I think you don't understand what I'm saying here because I'm talking about the whole cryptocurrency trading (BTC and all altcoin) done on an exchange site and the provision of the fake volume is an act of cheating which is the reason why most of the community are against it. Check this CMC exchange ranking for you to have more insight. An interesting selection of opinions on a subject slightly off topic to this thread but hey, sig campaigns need posts..... My original point still stands. I know that "morality" for its own sake is highly unfashionable in our brave new libertarian world but, only for pragmatic reasons, I don't trust liars. Exchanges that fake volume, fake their own popularity and deceive users about the liquidity of listed coins are liars. Projects that choose to list on them, knowing this, are tainted by association.
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Extraordinary Claims require Extraordinary Evidence
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ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2019, 07:52:31 PM |
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This is interesting project I just saw this while browsing on the bounty section.
Let me ask when this Stablecoin will be listed on Binance?
Is it right that the price of Gold is 48.25 USD each I thought it was a stablecoin but it shows different prices in cryptex.
Being a stablecoin does not mean it will have a fixed value over time, but it won't be even close to the volatility you see on the other cryptocurrencies. GOLD is backed by physical real gold and is pegged to the spot price of Gold as Digital Gold is also providing liquidity for it aka doing market making and supporting the buying pressure to maintain a stable value. You can see the spot, purchase and redemption price through the Digital Gold gateway on their website: https://gold.storage/en/market
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2019, 08:26:43 PM |
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Being a stablecoin does not mean it will have a fixed value over time, but it won't be even close to the volatility you see on the other cryptocurrencies. GOLD is backed by physical real gold and is pegged to the spot price of Gold as Digital Gold is also providing liquidity for it aka doing market making and supporting the buying pressure to maintain a stable value. You can see the spot, purchase and redemption price through the Digital Gold gateway on their website: https://gold.storage/en/marketOw I see the price of this AKA GOLD is the same as the price of the real gold in gram just saw this while checking the price of this gold from here https://goldprice.org/It seems this project is good if ever this will be listed on big exchanges we can use this GOLD to buy real physical gold or sell this to have physical gold. Since the price of gold is likely stable not so aggressive like altcoin we can use it as a stablecoin.
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posi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2019, 05:25:15 AM |
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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.
I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange... I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen. The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex. To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market. I have also seen things like that in other projects but will this not have a negative effect on future GOLD projects? Is nothing bad going to happen by making fake volume? And this kind of thing is called fake but the project needs this No, it will never affect the future or present price of every coin listed on such exchange which fake volume but only make such exchange site up rank on the capital market listing. Note: Volume is the total amount of activities (buy/sell) either in BTC or USD did on an exchange site. ouh so if it does not affect it, I think it is good to do so that the order is not empty either sell or buy, so that price stability is guaranteed and does not experience unstable increases and decreases I think you don't understand what I'm saying here because I'm talking about the whole cryptocurrency trading (BTC and all altcoin) done on an exchange site and the provision of the fake volume is an act of cheating which is the reason why most of the community are against it. Check this CMC exchange ranking for you to have more insight. An interesting selection of opinions on a subject slightly off topic to this thread but hey, sig campaigns need posts..... My original point still stands. I know that "morality" for its own sake is highly unfashionable in our brave new libertarian world but, only for pragmatic reasons, I don't trust liars. Exchanges that fake volume, fake their own popularity and deceive users about the liquidity of listed coins are liars. Projects that choose to list on them, knowing this, are tainted by association. I know the message slightly off-topic but I don't think there's something bad if I explained things in detail for the user who yet to understand volume issue of an exchange site. With that been said, you're wrong about project owners associated with an exchange in the act of fake volume issue cause the exchange do it by themselves in other to get in the spotlight on CMC. Being a stablecoin does not mean it will have a fixed value over time, but it won't be even close to the volatility you see on the other cryptocurrencies. GOLD is backed by physical real gold and is pegged to the spot price of Gold as Digital Gold is also providing liquidity for it aka doing market making and supporting the buying pressure to maintain a stable value. You can see the spot, purchase and redemption price through the Digital Gold gateway on their website: https://gold.storage/en/marketOw I see the price of this AKA GOLD is the same as the price of the real gold in gram just saw this while checking the price of this gold from here https://goldprice.org/It seems this project is good if ever this will be listed on big exchanges we can use this GOLD to buy real physical gold or sell this to have physical gold. Since the price of gold is likely stable not so aggressive like altcoin we can use it as a stablecoin. As you can presume the Gold token is a good cryptocurrency which allows people to own and hold physical anonymity. Per the exchange listing, the token is already listed on 4 exchange site and planning to be list on Bitforex.
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crairezx20
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October 26, 2019, 06:04:58 AM |
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As you can presume the Gold token is a good cryptocurrency which allows people to own and hold physical anonymity. Per the exchange listing, the token is already listed on 4 exchange site and planning to be list on Bitforex. What do you mean by physical anonymity? I thought it is just a digital gold but they are just referring to the price of real gold in gram. You mean if you have these tokens in hand you can also have the physical gold in hand? Thanks, other exchanges I thought they only have 2 exchanges that this token listed. It looks like that their bounties still running do they still accept telegram and twitter campaign? I can't buy this token right now to invest but good to earn some to hold and maybe getting benefits in the future.
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wwzsocki
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October 26, 2019, 07:00:03 AM Last edit: October 26, 2019, 07:17:56 AM by wwzsocki |
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...It seems this project is good if ever this will be listed on big exchanges we can use this GOLD to buy real physical gold or sell this to have physical gold. Since the price of gold is likely stable not so aggressive like altcoin we can use it as a stablecoin.
Stop spamming this thread with your nonsense questions or summaries and read first about the Digital Gold project and GOLD token before commenting here. This is signature spam, so please stop or start to do it correctly. What do you mean by physical anonymity? I thought it is just a digital gold but they are just referring to the price of real gold in gram. You mean if you have these tokens in hand you can also have the physical gold in hand?...
Another completely stupid question that was already answered multiple times in this thread and is explained on the Digital Gold website or in the white paper. If you would be really interested in the Digital Gold project, these places should be first to check before even think to post here. The bare minimum is to read the OP and a couple of posts from the thread to post something with common sense and not only to not spam for the signature and annoy other members. ...do they still accept telegram and twitter campaign?...
Bounty ThreadPS I hope you will remember my avatar ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . [CLUB] The SpamBusters! Busting rule-breakers for more than a year.
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wwzsocki
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October 30, 2019, 12:38:13 PM |
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I have just written a new article about the Digital Gold project and the GOLD token. If anybody is interested in Digital Gold or wants to know how exactly all this works and how the GOLD token is used to tokenize real gold, then this article is for you. GOLD TOKEN – ALTERNATIVE TO TRADITIONAL FIAT-BASED STABLECOINS
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wwzsocki
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November 01, 2019, 08:34:16 PM |
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I see that after my last post all signature spammers run away from here and now this thread is almost dead with no organic discussion.
This is the problem of Bitcointalk that many threads catch almost no attention from the community despite the project is good and legit. I don't know why this is happening but it looks like people are just not interested in new projects and after so many ICO scams they just can't believe anything is legit anymore.
Additionally, other services like Telegram offer a lot more flexibility and tools needed to moderate and communicate in real-time, so they choose to start the promotion there sometime even never introduce themself here. Even such projects like Digital Gold struggles to catch the attention and in the off-topic section, people are talking about nonsense all the time.
I spotted lately, that there are new projects which are like an exact copy of Digital Gold and I think we can see it as a success. I don't mention the tickers or names on purpose because this is DigitalGold thread but I can add that they will tokenize silver and diamonds, so if anybody is interested can search further for more information.
PS If there are any new announcements or updates from the Digital Gold team then it would be great to hear but I suppose is still too soon.
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GOLD_official (OP)
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November 03, 2019, 09:44:48 AM |
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I see that after my last post all signature spammers run away from here and now this thread is almost dead with no organic discussion.
This is the problem of Bitcointalk that many threads catch almost no attention from the community despite the project is good and legit. I don't know why this is happening but it looks like people are just not interested in new projects and after so many ICO scams they just can't believe anything is legit anymore.
Additionally, other services like Telegram offer a lot more flexibility and tools needed to moderate and communicate in real-time, so they choose to start the promotion there sometime even never introduce themself here. Even such projects like Digital Gold struggles to catch the attention and in the off-topic section, people are talking about nonsense all the time.
I spotted lately, that there are new projects which are like an exact copy of Digital Gold and I think we can see it as a success. I don't mention the tickers or names on purpose because this is DigitalGold thread but I can add that they will tokenize silver and diamonds, so if anybody is interested can search further for more information.
PS If there are any new announcements or updates from the Digital Gold team then it would be great to hear but I suppose is still too soon.
Dear wwzsocki, We listed GOLD on four exchanges already. But still we are working on Bitforex listing. We prepared airdrop and a special contest for the users. The team and the technical department continue to coordinate with the exchange devs. As soon as we list GOLD there, we will publish the information in the thread. Regards, Support Team @ Digital Gold https://gold.storage ( https://gold.storage)
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wwzsocki
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November 03, 2019, 10:05:29 AM Last edit: November 03, 2019, 11:17:01 AM by wwzsocki |
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Dear wwzsocki, We listed GOLD on four exchanges already. But still we are working on Bitforex listing. We prepared airdrop and a special contest for the users. The team and the technical department continue to coordinate with the exchange devs. As soon as we list GOLD there, we will publish the information in the thread. Regards, Support Team @ Digital Gold https://gold.storage ( https://gold.storage) This is great news and I only wonder why have you waited with announcement? Such big news has to be shared immediately with supporters here but especially with bounty campaign participants, to let us share this great news in translated Digital Gold project ANN threads and our local groups. Without news and announcements, there is nothing to share ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . I am sure that many members check this thread for news and even never post anything. I do it very often because I will be not able to respond in all threads I read. Anyways, great progress Digital Team, only it would be great to know which exchanges listed Digital Coin token GOLD and if you are also a liquidity provider for the GOLD token there?
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tmfp
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November 03, 2019, 10:51:13 AM |
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it would be great to know which exchanges listed Digital Coin and if you are also a liquidity provider for the GOLD token there?
I can only see a selection of shit exchanges on which this is currently listed. Apparently, according to that news link, they "carefully support" liquidity: Livecoin. Trading around $48 with a couple of grand volume (CoinGecko listed) Cat.ex. Nothing doing. Coinsbit.io. Nothing doing. Being listed on Coinsbit usually means a listing on P2PB2B as well, for what it's worth. Maybe that's exchange #4. That whole setup is the source of severe doubt with some of us. I'm a bit puzzled as to how they can provide liquidity to a coin, the main attraction of which is the fact that each token is linked to a physical amount of gold? Edit: Exchange #4 may be Cryptex?
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wwzsocki
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November 03, 2019, 11:21:46 AM |
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...each token is linked to a physical amount of gold?...
Yes, it is and it was already explained a couple of times in this thread. Here quote of my post: 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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXtM7KKV.png&t=661&c=-8MOczcvn8-0Ag) 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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FP3dnCn8.png&t=661&c=2xICjq6WtSHwQw) ... ...Exchange #4 may be Cryptex?
All these exchanges you mentioned were already known, so it has to be some other exchanges. I'm a bit puzzled as to how they can provide liquidity to a coin...
Digital Gold is a liquidity provider for the GOLD token on actually listed exchanges which are accepted by the team and additionally they provide Marketplace where you can buy or sell GOLD tokens 24/7. Als already explained in the thread: Yesterday, I was using for the first time Digital Gold Market and I have to say that everything works very smooth and is made so simple as possible. Of course one has to know how Etheruem transactions and token works to be able to use the market. Simple basic knowledge is needed about Ethereum, how to send a transaction, wallets, addresses, tokens, etc. Maybe if somebody hears all of this for the first time then can be overwhelmed but believe me if you set up Metamask or My Ether Wallet (MEW) and send transaction then you will be ready to use the GOLD marketplace. The process is easy. We go to the Marketplace and choose the GOLD token if we want to sell, put the desired amount to sell and ETH address to receive back ETH in return because in my example I was selling GOLD for ETH. We can choose between ETH and BTC. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F77o3v3C.png&t=661&c=8OyOtKbk62cOiw) When we are ready then click exchange and we will see ETH address to which we have to send the desired amount of GOLD tokens to sell. After send we wait for confirmations, which are coming one after another and after 12 confirmations our transaction is accepted and the withdraw started to our ETH wallet address. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FE834itJ.png&t=661&c=mGmwXKZTfQLPQg) Everything took about 10 minutes and I had my ETH in Metamsk wallet. You can watch the process live in the Marketplace.
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