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Author Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold  (Read 17212 times)
GOLD_official
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August 05, 2020, 09:55:05 AM
 #901

Yeah! 'Stablecoin' is spelled incorrectly in the newer avatar. For the meantime, I have switched to the older one. Hope to see updated new one soon. Smiley

Good find. But although you are right, I will wait for official "command" in order to do any changes.
After all, it would not take me too much time to fix the image myself  Wink

Dear NeuroticFish,

The avatar is ready. You can change it now.



Regards,
Support Team @ Digital Gold
https://gold.storage
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August 05, 2020, 10:52:07 AM
 #902

The avatar is ready. You can change it now.

Thank you for this. I've updated it now.

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Hi Crypto Friends :)


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August 05, 2020, 09:19:55 PM
 #903

hmm i never knew about this stablecoin, but it looks really interesting

Make sure to always backup your crypto seeds and passphrases friends

~If you see this signature, I hope you have a great day today!~
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August 06, 2020, 05:01:41 AM
 #904

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

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TeraBite
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August 06, 2020, 11:23:26 AM
 #905

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

It gold backed token so it would keep maintain its value in term of fiat. If want to invest into this project better option always choose fiat instead of buy with BTC. It is good sign gold performing mind blowing and this making this kind of project more hot.
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August 06, 2020, 11:31:08 AM
 #906

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

You can easily look at https://gold.storage/en/market just make sure you change to USD instead of BTC.
And you can compare with https://goldprice.org/ or any official chart - just make sure you use gram as measure unit.


If want to invest into this project better option always choose fiat instead of buy with BTC.

FYI, this makes no sense. It's like telling that people who want to invest should buy for USD, not for EURO. And I also don't think that you can (for now) buy GOLD token directly with fiat.

hosseinimr93
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August 06, 2020, 06:52:39 PM
 #907

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin
Tokens are backed by real gold. Also, the team is providing the liquidity. So, it is guaranteed that price of tokens are always equal to price of 1 gram of gold.
You can check amount of physical gold stored in BullionStar vault using the link below.
https://www.bullionstar.com/myaccount/audit

Enter 17081 as account number.

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August 06, 2020, 08:36:25 PM
 #908

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

It gold backed token so it would keep maintain its value in term of fiat. If want to invest into this project better option always choose fiat instead of buy with BTC. It is good sign gold performing mind blowing and this making this kind of project more hot.

Dear Terabite,

The GOLD token is a stablecoin backed by real gold. The price of the token can be checked in real-time on our marketplace. https://gold.storage/en/market


Regards,
Support Team @ Digital Gold
https://gold.storage
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August 06, 2020, 11:58:10 PM
Last edit: August 11, 2020, 11:19:03 AM by wwzsocki
 #909

...I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin
...If want to invest into this project better option always choose fiat instead of buy with BTC...

Sorry, but for me, it is obvious (signature) spam. Both of you seem to have no knowledge about the Digital Gold project and their GOLD token.

I start to call it "sophisticated spam" because it is long enough and written in context with additional nonsense, only to be long enough to be not reported but should be in my opinion.

If this continues both of you will be added to my IGNORE list, just a simple warning.

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August 07, 2020, 12:38:40 AM
 #910

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

It gold backed token so it would keep maintain its value in term of fiat. If want to invest into this project better option always choose fiat instead of buy with BTC. It is good sign gold performing mind blowing and this making this kind of project more hot.

Dear Terabite,

The GOLD token is a stablecoin backed by real gold. The price of the token can be checked in real-time on our marketplace. https://gold.storage/en/market


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


Right, the price of GOLD tokens is really stable, following the movement of real gold prices. we can see the price of GOLD tokens on the exchange via Coinmarketcap.
I just opened a Digital Gold twitter account but the account has been suspended, what happened?

https://twitter.com/gold_erc20

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GOLD_official
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August 07, 2020, 07:50:08 AM
 #911

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

It gold backed token so it would keep maintain its value in term of fiat. If want to invest into this project better option always choose fiat instead of buy with BTC. It is good sign gold performing mind blowing and this making this kind of project more hot.

Dear Terabite,

The GOLD token is a stablecoin backed by real gold. The price of the token can be checked in real-time on our marketplace. https://gold.storage/en/market


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


Right, the price of GOLD tokens is really stable, following the movement of real gold prices. we can see the price of GOLD tokens on the exchange via Coinmarketcap.
I just opened a Digital Gold twitter account but the account has been suspended, what happened?

https://twitter.com/gold_erc20


Dear terciduk123,

We have some issues with account access. The team solving that issue now.

Regards,
Support Team @ Digital Gold
https://gold.storage
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August 08, 2020, 09:56:55 AM
 #912

the price of gold is currently going up, I want to see if the price of this token also goes up like the price of gold, I still have a deeper look at this project and whether it continues to be stable coin

It gold backed token so it would keep maintain its value in term of fiat. If want to invest into this project better option always choose fiat instead of buy with BTC. It is good sign gold performing mind blowing and this making this kind of project more hot.

Dear Terabite,

The GOLD token is a stablecoin backed by real gold. The price of the token can be checked in real-time on our marketplace. https://gold.storage/en/market


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


Right, the price of GOLD tokens is really stable, following the movement of real gold prices. we can see the price of GOLD tokens on the exchange via Coinmarketcap.
I just opened a Digital Gold twitter account but the account has been suspended, what happened?

https://twitter.com/gold_erc20


It must be the issue on twitter side since they are currently strict with everything involving cryptocurrency at the moment due to the recent hacking. The team will probably get this back once twitter fix this issues.

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August 08, 2020, 03:03:05 PM
 #913


Right, the price of GOLD tokens is really stable, following the movement of real gold prices. we can see the price of GOLD tokens on the exchange via Coinmarketcap.
I just opened a Digital Gold twitter account but the account has been suspended, what happened?

https://twitter.com/gold_erc20


Dear terciduk123,

We have some issues with account access. The team solving that issue now.

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

Thank you for your kind response. I tried to access it again but the account is still suspended. I hope this problem will be resolved soon, because Twitter is a good platform for promotion and updates.

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GOLD_official
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August 08, 2020, 04:01:36 PM
 #914


Right, the price of GOLD tokens is really stable, following the movement of real gold prices. we can see the price of GOLD tokens on the exchange via Coinmarketcap.
I just opened a Digital Gold twitter account but the account has been suspended, what happened?

https://twitter.com/gold_erc20


Dear terciduk123,

We have some issues with account access. The team solving that issue now.

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

Thank you for your kind response. I tried to access it again but the account is still suspended. I hope this problem will be resolved soon, because Twitter is a good platform for promotion and updates.

Dear terciduk123,

You should subscribe to our telegram channel https://t.me/digitalgoldcoin.  All news placed there and the most important information.
Regards,
Support Team @ Digital Gold
https://gold.storage
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August 09, 2020, 08:52:08 AM
 #915

Been following you since almost three-four months, I can say you are doing great work.
Just a few suggestions. Since mostly people buy gold for long and mid term, you could add some sort of stacking feature in your website where people can stack their digital gold in order to take some annual profits.
Also, since I prefer to use your official website to exchange gold instead of the other exchanges, maybe you can add usdt pair on your official marketplace.

elda34b
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August 09, 2020, 09:50:21 AM
 #916

Just a few suggestions. Since mostly people buy gold for long and mid term, you could add some sort of stacking feature in your website where people can stack their digital gold in order to take some annual profits.
That's a nice idea if they have the capabilities to do that. I think most staking platform also open a lending platform, but for Gold I don't think it's a good thing to launch for now. It would probably easier to do it if Gold cooperate with existing staking platform instead such as Honest Mining. But that being said it I never knew a staking platform that accepts coins without in-built staking function.
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August 09, 2020, 10:50:07 AM
 #917

Since mostly people buy gold for long and mid term, you could add some sort of stacking feature in your website where people can stack their digital gold in order to take some annual profits.

Gold is already doing a great job against US dollar, so extra revenue from staking may be somewhat against the purpose of a stable coin.

Now, either this team or others (!) can make some sort of "bank" where people can deposit and earn staking revenue (or at least the "bank" would help people pay lower or no depositing fee).
But in crypto business the holders of big values tend to not deposit to such "banks" because "not your keys, not your coins".


Also, since I prefer to use your official website to exchange gold instead of the other exchanges, maybe you can add usdt pair on your official marketplace.

Since the team sees USDT as competition, I have my doubts that this kind of feature will ever be a priority (although I do see its usefulness).

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August 09, 2020, 03:11:09 PM
Last edit: August 10, 2020, 12:10:00 PM by GOLD_official
 #918

Been following you since almost three-four months, I can say you are doing great work.
Just a few suggestions. Since mostly people buy gold for long and mid term, you could add some sort of stacking feature in your website where people can stack their digital gold in order to take some annual profits.
Also, since I prefer to use your official website to exchange gold instead of the other exchanges, maybe you can add usdt pair on your official marketplace.


Dear Leviathan.007,

Thank you for your comment. Stacking is not currently being implemented. We cannot add a pair with USD due to different regulations. Selling gold for USD will require KYC and AML.

Regards,
Support Team @ Digital Gold
https://gold.storage
Tytanowy Janusz
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August 09, 2020, 05:52:27 PM
 #919

Thank you for your comment. Stacking is not currently being implemented. We cannot add a pair with USD due to different regulations. Selling gold for USDT will require KYC and AML.

As i remember correct owner of GOLD token is not a owner of real gold. It is only backed by physical gold.

Also USDT/PAX and many more are not 100% regulated in most countries.

2. No. The GOLD token buyers are not owners of physical gold. Buyers own only GOLD tokens. Digital GOLD bought gold and store in in the BullionStar Vault. 1 token equals 1 physical gold gram.

So it should be easy to bypass KYC and AML requirements or I miss something?

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August 09, 2020, 06:05:20 PM
Last edit: August 09, 2020, 06:47:32 PM by STT
 #920

Seems reasonable to say that GOLD already follows a Dollar tether but at the 1968 pre Nixon standard of currency rather then the 2020 much diluted Dollar and any tether to that.  Of course Dollar was originally backed and had a fixed link to gold, the government cant reverse that process but individuals can in their personal finance via measures sure as this blockchain enables which makes it really useful.

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