Gold backed Coin / Token

[jacker 1095]

I have come across gold backed, I don't have much interest, so I don't really care, maybe it's a scam. I haven't seen any project launch yet.

[sm robin 16]

The gold being one of the most attractive assets for investors is taken many times for scams like those indicated in the post.

Well you have to analyze these companies well to see if they are really supporting their projects in gold.

[Rickso 768]

On 12/15/2019 at 7:53 AM, cryptosix said:

I am seeing few of the projects are coming with the sentence of Gold backed token, Is this is a scam or what? The gold price doesn't meets to the price of Crypto as we already know, then how does these projects fool people telling the coin is backed by pure gold.

What are your thoughts on such projects backed, stable, dependent, on Gold.

there a lot of crypto currencies backed with gold, and even if i don't know all of them i'm pretty sure that the most of them are scam. but recently paxos made their PAX Gold that is backed with gold, so since it is paxos this one is a trustable coin

[Altcoinfan 448]

I think token backed by gold is really great thing - crypto and gold are both unique and connecting them would make the perfect match. From what I have read there are a lot of fake projects but there is one that has to be real: AurusCOIN (AWX) :  I haven't tested it yet but seems promising.

 

[Diana Putri 31]

The most coins that supported by gold for the most part face a similar test different altcoins experience in the midst of rise and fall, I think I have such coins that state there venture are sponsored with gold, that implies there going to mine gold.

[Talilo88 47]

This kind of Rare coin expression if you ask me looks similar to any con venture which includes put the program straight down effectively to be able to con those who build relationships the particular expression which is my opinion and also I determine that we can not and also is not going to build relationships in which expression.

[Honny143 13612]

Every day so many coins listed in ios but this coins not valuable, because present in crypto market i think 4000 + coins listed in different exchange but so many fake coins also, i think gold also same fake categere coin in my opinion don't invest are claim this coin.

[Sabba092 115]

On 12/15/2019 at 11:53 AM, cryptosix said:

I am seeing few of the projects are coming with the sentence of Gold backed token, Is this is a scam or what? The gold price doesn't meets to the price of Crypto as we already know, then how does these projects fool people telling the coin is backed by pure gold.

What are your thoughts on such projects backed, stable, dependent, on Gold.

I have seen this white paper. And it is amazing coin. I love their project and I am wishing to invest in it almost 100 dollar. What is your concern.

[Emmaxogi 33]

the model of Gold backed or USD backed proof funds the priced will develop into secure as GOLD and USD at what time you invest in that nominal it follows that constant quantity  quantity of USD and GOLD especially catch stored everywhere in the sideboard to stabelized the cost of that coin and worth of that coin move equal by the side of the worth of 1gm GOLD and usd but before investment figure out your won delve into
 

[AlexMia 17]

Gold is one of the most attractive resources for commonly used financial professionals, I have seen this project and this is a legitimate project. It needs strict control and requires a lot of things from there.

[Zezo 306]

I think it is just a metaphor for indicating the high value of the currency, but you do not have to believe it in addition to evaluating the project so that it is not based on the value of its currency only

[Zezo 306]

9 hours ago, Dreamergirl said:

But it is not working as they planned about he gold back up coins, they easily becomr shit coin

Yes, but they need this similar to encourage people to invest in their project
And with your experience, you have the authority to believe or not

[MrGeany 297]

well not all of them are scam, gold backed means that money which is behind the coin is invested in gold so there is no real money but just gold that is bought with real money. it is very easy to understand. i hope you got it.

[kadayakito 765]

I think that if the project has large capital capacity to be able to support and maintain, I will feel secure with that money. For these projects I think it may be more stable, but it may not increase in value either

[teminalibug 309]

43 minutes ago, kadayakito said:

I think that if the project has large capital capacity to be able to support and maintain, I will feel secure with that money. For these projects I think it may be more stable, but it may not increase in value either

If those coins are backed by gold, then they increase in prices as gold does, that makes it secure than normal crypto because crypto rely on demand.

[Saboor 511]

All this gold backed up by gold seems not working good in my own way, they are just very low in price and the gold I know don't behave like that, so how will they make it easy for them to control the price

[Yunusalemu 0]

On 12/15/2019 at 7:53 AM, cryptosix said:

I am seeing few of the projects are coming with the sentence of Gold backed token, Is this is a scam or what? The gold price doesn't meets to the price of Crypto as we already know, then how does these projects fool people telling the coin is backed by pure gold.

What are your thoughts on such projects backed, stable, dependent, on Gold.

most of all these very new crypto currencies newly created are mostly only just for scam motive, I just driving traffic to thier site for one benefit or the other and if there are lucky someone invests then they run away with the cash

[Michael0606 861]

I know one that is backed by the gold called pgold token which was carried, its airdrop and already paid was a success, so I recommend you, I also do not know if there are other coins with the same characteristic of pgold the truth  I understand that they are based on gold.

[BountyAirdrop 33]

If you have the link to the project page, we might do some analysis and arrive at a resounding conclusion. Howbeit, most of them if not all are fake and scam. Protect your fund with KoinPro, the platform makes trading bitcoin future extremely simple. 

[Saj555 2250]

Of course they are calling it the backed gold projects. As we seen that the previous projects like these  were full of scams and people were disgusted to be invested in those. But some of the companies are still very legitimateabout these projects with combining the Gold. It can be said which one is good or which one is scam. But this type of projects have always benefited the users. 

[Saboor 511]

13 hours ago, Preadator889 said:

This is really making alot of changes that we can all say that there is so much involved and we should expect the best at all times regardless of the circumstances involved )

We don't need to depends on those shit gold back up coins, because it won't help you at all, it will always reduced the value of your assets

[yuwira 0]

they're still below the technique of ICO, but 2 greater packages arise once more with new things. unwell try to see if i can invest something with them.

[Saboor 511]

11 hours ago, yuwira said:

they're still below the technique of ICO, but 2 greater packages arise once more with new things. unwell try to see if i can invest something with them.

You are right, they don't seem promising and they are emote valuable for holding the price is just going down gradually which seems so bad for holding 

[Saboor 511]

23 hours ago, Tawhid03 said:

I do not know about thetoken project.But i leran it from online that every token is not good project. A high number of token became fail for their announced listed in exchange.

You  got it wrong buddy, not every projects is not a good project, so you just have to find the right the good ones which are even plenty in cryptocurrency

[CryptoMaxim 3829]

There are a lot of scammers now. And the inscription on the site does not say anything. Such promising projects usually earn money from newcomers to the crypto world. Which are very naive.