Bitcoin Volatility - Why and How to Plan for It | Your

[WTS]/[WTT] Silver Bars, Coins, Rounds - Trading to collect all types rounds and coins

*****(4) Silver Lots for $99 Shipped - Lot details below
Transaction details below listing
Verification
Individual Verification
(6) 1 gram Valcambi silver - $3.50 each **(Special Rate and Shipping Details Below)
(7) 2 gram Valcambi silver - $7 each
5 oz Generic Bar - $105
1 oz Sunshine Mint Bar - $22
5 oz San Antonio ATB - $125 ($5 discount for telling me what ATB means to me - not what ATB means in this instance. It’s a “pop culture” reference)
Individual Verification
(32) 1 oz HM Liberty Bar - $21.75 each
(7) 2 oz Monarch Chunky Bars - $45 each
Individual Verification
(13) 1 oz 2015 ASE BU - $24 each
(4) 2020 1 oz Perth Kangaroo Coins - $22.50 each
(3) 1 oz Morgan Stacking Rounds - $21 each
Individual Verification
(10) Queens Legends - $23 each
(9) 1/2 oz Year of The Dog in capsule - $14 each
(19) 1 oz Buffalo Rounds - $21 each
Individual Verification - Individual Verification
(22) 2020 1 oz Canadian Maples - $23 each
(24) 2020 Niue Owls - $23 each
(23) 2020 Britannia - $23 each
(7) 1 oz Morgan Rounds - $21 each
Individual Verification
(21) 1 oz Spartan Warrior Copper Rounds - $1.50 each
(7) 1 oz Mercury Copper Rounds - $1.50 each
Shipment will be USPS first class for $4.50-$6.50, for 1 to roughly 8 ounces, or priority for $8, for over 8 ounces. I pack very secure with tape. The easiest way to open my bubble mailers and flat rate boxes is to cut the entire top envelope edge or box end off.
**Valcambi only purchases are shipped in a standard envelope secured very well with tape and labelled non-machinable. No risk for this shipping method.
**Valcambi bars are available as an add-on to any purchase for $2 each.
Payment by PPFF no notes, Bitcoin, or ETH now as well
TRADE OPTION - Willing to trade for different and unique silver rounds to diversify my collection. One round/coin for one round/coin trades only - this is strictly for collection purposes so I don't want more than one of any round/coin. But we can make multiple trades. Who wouldn't want to have one of every type of round/coin available?
Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.
*****(4) Silver Lots for $99 Shipped - Each lot contains the coins listed
Verification
-Coin Lot-
1 oz HM Liberty Bar
1 oz 2015 ASE BU
1 oz 2020 Perth Kangaroo Coin
1/2 oz Year of The Dog in capsule
1/2 oz Buffalo Round
1 gram Valcambi silver
1 oz Spartan Warrior Copper Rounds - $1.50 each
submitted by jaysilverbull to Pmsforsale [link] [comments]

[WTS] $102/$99/$99 Silver Lots, Gold, More Silver, and Copper

Transaction Details Below - Reasonable offers are welcome - Unreasonable offers are not
Verification (Verification is updated with today's date - individual lot pics are from my last post)
Lot Verification
-$102 Coin Lot- (Shipping included) - 1 oz HM Liberty Bar - 1 oz 2015 ASE BU - 1 oz 2020 Perth Kangaroo Coin - 1/2 oz Year of The Dog in capsule - 1/2 oz Buffalo Round - 1 gram Valcambi silver - 1 oz Spartan Warrior Copper Rounds (ASE are sold so substitute from any 1 oz coin/round/bar listed)
-$99 Coin Lot- (Shipping included) - 1 oz HM Liberty Bar - 1 oz Morgan Stacker Round - 1 oz Morgan Generic Round - 1 oz Buffalo Round - 6.03 or 6.12 grams 0.999 silver shot - 1 War Nickel
-$99 Coin Lot- (Shipping included) - 1 oz 2020 Canadian Maple - 1 oz 2020 Niue Owl - 2 oz Monarch Chunky Pour - 3.74 g 0.999 Silver Shot
Bars
(12) 1 gram Valcambi silver - $3.50 each solo shipped ***$2 per with any purchase
(6) 2 oz Monarch Chunky Bars - $45 each
5 oz Generic Bar - $105 each
(24) 1 oz HM Liberty Bar - $21.50 each
Silver Coins and Rounds
SOLD 1 oz 2015 ASE BU - SOLD
(17) 1 oz Buffalo Rounds - $21.50 each
(14) 1/2 oz Buffalo Rounds - $13 each
(4) 1 oz Morgan Rounds - $21.50 each
(1) 1 oz Morgan Stacking Rounds - $21.50 each
(4) 1/2 oz Year of The Dog in capsule - $14 each
(20) 2020 Niue Owls - $22 each
(9) Queens Legends - $23 each
(17) 2020 1 oz Canadian Maples - $23.50 each
(21) 2020 Britannia - $23 each
Silver Shot
From a sealed contained from APMEX - technically 0.9999 but I labelled it 0.999 accidentally
SOLD 36+ grams - $30 (This is made up of larger pieces)
$1 per gram - (3) 10+ grams - (4) 6+ grams - (1) 4+ grams
Copper
SOLD 1 oz Spartan Warrior Copper Rounds - $1.50 each
Gold
(2) 0.1104 1923 Netherlands Ducat Coin (Not a restrike) - $220 each (price firm on these)
Shipment will be USPS first class for $4.50-$6.50, for 1 to roughly 8 ounces, or priority for $8, for over 8 ounces.
Payment by PPFF no notes - Accepting Bitcoin and ETH now as well (Crypto may be an additional 1.5%)
TRADE OPTION - Willing to trade for different and unique silver rounds to diversify my collection. One round/coin for one round/coin trades only - this is strictly for collection purposes so I don't want more than one of any round/coin. But we can make multiple trades
Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.
submitted by jaysilverbull to Pmsforsale [link] [comments]

[WTS] Da Bars and Da Bulls(ion) - Gov't too

Transaction details below listing
Verification
(16) 1 gram Valcambi silver - $3.50 each risky shipped ***SPECIAL RATE WITH ANY PURCHASE!
(7) 2 gram Valcambi silver - $7 each risky shipped
(7) 2 oz Monarch Chunky Bars - $45 each
5 oz Generic Bars - $105 each
1 oz Sunshine Mint Bar - $22
(34) 1 oz HM Liberty Bar - $21.75 each
5 oz San Antonio ATB - $125
(13) 1 oz 2015 ASE BU - $24 each
(19) 1 oz Buffalo Rounds - $21 each
(7) 1 oz Morgan Rounds - $21 each
(3) 1 oz Morgan Stacking Rounds - $21 each
(4) 2020 1 oz Perth Kangaroo Coins - $22.50 each
(9) 1/2 oz Year of The Dog in capsule - $14 each
(24) 2020 Niue Owls - $22 each
(10) Queens Legends - $23 each
(22) 2020 1 oz Canadian Maples - $23.50 each
(23) 2020 Britannia - $23 each
Copper
(34) 1 oz Spartan Warrior Copper Rounds - $1.50 each
(9) 1 oz Mercury Copper Rounds - $1.50 each
Shipment will be USPS first class for $4.50-$6.50, for 1 to roughly 8 ounces, or priority for $8, for over 8 ounces.
Payment by PPFF no notes - Accepting Bitcoin and ETH now as well
TRADE OPTION - Willing to trade for different and unique silver rounds to diversify my collection. One round/coin for one round/coin trades only - this is strictly for collection purposes so I don't want more than one of any round/coin. But we can make multiple trades
Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.
submitted by jaysilverbull to Pmsforsale [link] [comments]

[WTS]/[WTT] Silver and Gold - Silver and Gold

Transaction details below listing - Messages only, Chats will be denied
Price Drop on Gold
Verification - https://imgur.com/a/tVYPVx6
Silver:
(20) 1 oz Morgan Rounds - $20 each
(10) 1 oz Stack-able Morgan Rounds - $20 each
(20) 1 oz Provident Prospector Rounds - $20 each
(9) (21) 2020 1 oz Perth Kangaroo Coins - $21 each
(1) 1/2 oz Year of the Rooster Coin - $13 each
(1) 1/2 oz Year of the Monkey Coin - $13 each
*(2) (3) $1FV 90% Quarters - $16 each
*(4) $1FV 90% Franklin/Kennedy Half Dollars - $16 each
*(2) (3) $1FV 90% Liberty Half Dollars - $17 each
(1) 10 oz HM Liberty Bar - $195 each
(3) 5 oz Generic Bars - $100 each
(3) (5) 2 oz Monarch Chunkies - $42 each
(8) 1 oz Sunshine Mint Bars - $21 each
(1) 5 oz Shotgun Shell - $115 each
(1) 1 oz Bullet - $25 each
Gold:
(1) 2014 1 oz Canadian Maple - $1855 shipped
(1) 2015 1/4 oz Canada $10 Bear and Cub - $480
(1) 2018 1/4 oz Queens Beast Bull - $475 SOLD
(3) 0.1104 oz Ducat Restrikes - $210
*(4) 1/10 gram Liberty Aurum Gold Note - $16 each SOLD
Message me your orders and offers. After agreeing on a finalized total price for your PMs I will send additional verification pictures and prepare your items for shipment.
Shipment will be USPS first class for $4.50-$6.50, for 1-10 ounces, or priority for $8, for over 10 ounces. USPS INSURANCE DOES NOT COVER PMS! It directly says so in the details. As a result I will not add insurance to any orders.
All orders containing gold and silver will ship free.
Payment by PPFF no notes - Now accepted ETH and Bitcoin
Willing to trade for different and unique silver rounds to diversify my collection. One round/coin for one round/coin trades only - this is strictly for collection purposes.
*These items were listed with new stackers in mind. You can't typically buy 90% silver in dollar quantities so I figured I'd give people an easy way to get a couple pieces. These aurum notes were my first gold pieces - you can't really own gold for less than $20 in any other form. New stackers, feel free to contact me if you'd like a starter stack put together.
Prices are subject to change at any time due to market fluctuations and in the event of a listing error or update.
submitted by jaysilverbull to Pmsforsale [link] [comments]

Introduction to Cryptocurrencies: USDT, the most popular stable coin

Introduction to Cryptocurrencies: USDT, the most popular stable coin
Written by the CoinEx Institution, this series of jocular and easy to understand articles will show you everything you need to know about major cryptocurrencies, making you fully prepared before jumping into crypto!
Many novices of cryptocurrencies may feel confused with the obscure difference between USDT and USD at first . Different as they are, there remain some relations. To some extent, the name USDT is like a biased belief implanted in the minds of novices.

https://preview.redd.it/nqp97earybt41.png?width=1200&format=png&auto=webp&s=84e70cc382389d21e4647b98605f3eabee06936d
USDT (Tether USD), known as Tether, is a token based on the stable value currency US dollar (USD), launched by Tether. In other words, it serves as a currency to replace the US dollar in digital currency trading platforms. (With 1USDT = 1USD, users can exchange USDT for USD at a rate of 1: 1 at any time)
USDT is not a new token It was launched for trading in 2015, and the world-renowned digital asset trading service platform CoinEx supports USDT trading pairs. There are extensive concerns about how to exchange tokens into fiat currencies after the introduction of cryptocurrency trading. USDT has provided part of the solution, and thus has been highly praised by many investors.
In the white paper “Tether: Fiat currencies on the Bitcoin blockchain”, Tether defines USDT as a digital currency pegged to fiat currencies. All Tethers are are initially issued as tokens on the BTC blockchain through the Omni Layer protocol, at a pegged exchange rate of 1:1 against the USD. After launching USDT, Tether strictly adheres to the 1:1 reserve guarantee, which means that for every issued USDT token , its bank account will have 1 USD funding guarantee.
Many people are fond of USDT precisely because of its specific characteristics. In recent years, it remains one of the most popular stablecoins, with a market share of nearly 3 billion US dollars, leaving behind such stablecoins as USDC, Gemini Dollars and JPM Coin
USDT's creator, Tether, is one of the top five digital currency companies by cash flow. They earn 3-5% profit from the $2 billion offered by the users around the world, almost without any operating costs. (This is really cool)
USDT is issued and traded through the Omni (formerly known as Mastercoin) protocol, which is a 2.0 currency based on the Bitcoin blockchain. Transaction confirmation and other parameters of USDT are consistent with those of BTC. Users can transfer USD to the bank account provided by Tether through SWIFT, or get USDT through the exchange. Of course, they can also buy USDT with BTC in the exchange. In short, it is quick and easy!
Unlike other digital currencies, USDT boasts some great features:
1.Intuitive
USDT is equal to the US dollar, with 1 USDT = 1 US dollar. Each currency = how much USDT, which is equal to how many US dollars its unit price is.
2.Stable
As Tether is backed by fiat currencies, users can still trade on the blockchain asset market without being affected by the price fluctuations of most blockchain assets.
3.Transparent
Tether's issuing company, Tether, claims that its fiat currency storage account has regular audits to ensure that each USDT in circulation is backed up by one US dollar. The storage account status is public and can be queried at any time. In addition, all Tether transaction records will be published on the public chain.
4. Low transaction fees
There is no fee for transactions between Tether accounts or between wallets where Tether is stored. Conversion from USDT to a fiat currency requires the transaction fee.
Tether has been frank about the risks of USDT in the white paperAlthough Tether is a decentralized digital currency, Tether company is not that decentralized .. As a centralized depositor of all the assets, the company also faces possibilities of bankruptcy, freezing funds and fund running; what’s more, the re-centralization may also paralyze the entire system. To put it simple: coin speculation could be risky and investors need to be cautious. Such honest companies are hard to find.
Yet in March 2019, Tether changed its terms of service: the USDT's endorsement altered to 75% USD anchorage and 25% iFinex stock-collateral loans. . In April of the same year, Tether issued an additional 640 million USDT, also pushing itself to the forefront.
So what’s on your mind after reading this article? Why not make your voices heard by trading on CoinEx, or join the official CoinEx’s telegram group at https://t.me/CoinExOfficialENG ?
About CoinEx
As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group, which owns the fifth largest BTC mining pool, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.
Website: https://www.coinex.com/
Twitter: https://twitter.com/coinexcom
Telegram: https://t.me/CoinExOfficialENG
submitted by CoinEx_Institution to Coinex [link] [comments]

EDUCATIONAL PIECE COMING FROM #CoinExInstitution :- Introduction to Cryptocurrencies: USDT, the most popular stable coin

EDUCATIONAL PIECE COMING FROM #CoinExInstitution :- Introduction to Cryptocurrencies: USDT, the most popular stable coin

https://preview.redd.it/f7gy1slqqct41.jpg?width=725&format=pjpg&auto=webp&s=a8ef4d04c45403ed7f2d7efeb118164d3c158239
Source: https://www.twitter.com/coinexcom/status/1251046090272657409
Written by the CoinEx Institution, this series of jocular and easy to understand articles will show you everything you need to know about major cryptocurrencies, making you fully prepared before jumping into crypto!
Many novices of cryptocurrencies may feel confused with the obscure difference between USDT and USD at first . Different as they are, there remain some relations. To some extent, the name USDT is like a biased belief implanted in the minds of novices.
USDT (Tether USD), known as Tether, is a token based on the stable value currency US dollar (USD), launched by Tether. In other words, it serves as a currency to replace the US dollar in digital currency trading platforms. (With 1USDT = 1USD, users can exchange USDT for USD at a rate of 1: 1 at any time)
USDT is not a new token It was launched for trading in 2015 and the world-renowned digital asset trading service platform CoinEx supports USDT trading pairs. There are extensive concerns about how to exchange tokens into fiat currencies after the introduction of cryptocurrency trading. USDT has provided part of the solution, and thus has been highly praised by many investors.
In the white paper “Tether: Fiat currencies on the Bitcoin blockchain”, Tether defines USDT as a digital currency pegged to fiat currencies. All Tethers are are initially issued as tokens on the BTC blockchain through the Omni Layer protocol, at a pegged exchange rate of 1:1 against the USD. After launching USDT, Tether strictly adheres to the 1:1 reserve guarantee, which means that for every issued USDT token , its bank account will have 1 USD funding guarantee.
Many people are fond of USDT precisely because of its specific characteristics. In recent years, it remains one of the most popular stablecoins, with a market share of nearly 3 billion US dollars, leaving behind such stablecoins as USDC, Gemini Dollars and JPM Coin
USDT’s creator, Tether, is one of the top five digital currency companies by cash flow. They earn 3–5% profit from the $2 billion offered by the users around the world, almost without any operating costs. (This is really cool)
USDT is issued and traded through the Omni (formerly known as Mastercoin) protocol, which is a 2.0 currency based on the Bitcoin blockchain. Transaction confirmation and other parameters of USDT are consistent with those of BTC. Users can transfer USD to the bank account provided by Tether through SWIFT, or get USDT through the exchange. Of course, they can also buy USDT with BTC in the exchange. In short, it is quick and easy!
Unlike other digital currencies, USDT boasts some great features:
1.Intuitive
USDT is equal to the US dollar, with 1 USDT = 1 US dollar. Each currency = how much USDT, which is equal to how many US dollars its unit price is.
2.Stable
As Tether is backed by fiat currencies, users can still trade on the blockchain asset market without being affected by the price fluctuations of most blockchain assets.
3.Transparent
Tether’s issuing company, Tether, claims that its fiat currency storage account has regular audits to ensure that each USDT in circulation is backed up by one US dollar. The storage account status is public and can be queried at any time. In addition, all Tether transaction records will be published on the public chain.
  1. Low transaction fees
There is no fee for transactions between Tether accounts or between wallets where Tether is stored. Conversion from USDT to a fiat currency requires the transaction fee.
Tether has been frank about the risks of USDT in the white paperAlthough Tether is a decentralized digital currency, Tether company is not that decentralized .. As a centralized depositor of all the assets, the company also faces possibilities of bankruptcy, freezing funds and fund running; what’s more, the re-centralization may also paralyze the entire system. To put it simple: coin speculation could be risky and investors need to be cautious. Such honest companies are hard to find.
Yet in March 2019, Tether changed its terms of service: the USDT’s endorsement altered to 75% USD anchorage and 25% iFinex stock-collateral loans. . In April of the same year, Tether issued an additional 640 million USDT, also pushing itself to the forefront.
So what’s on your mind after reading this article? Why not make your voices heard by trading on CoinEx, or join the official CoinEx’s telegram group at https://t.me/CoinExOfficialENG ?
About CoinEx
As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group, which owns the fifth largest BTC mining pool, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.
Website: https://www.coinex.com/
Twitter: https://twitter.com/coinexcom
Telegram: https://t.me/CoinExOfficialENG
submitted by dammy1988 to ICOAnalysis [link] [comments]

Friday the 13th Unlucky for Bitcoin too!

Bitcoin’s Price On March 13th 2014: $633.62 2015: $294.35 2016: $411.62 2017: $1221.38 2018: $9205.12 2019: $3909.16 2020: $4968.99 You have to take a look at the past before you go forward to predict bitcoin’s future price. Assessing this pattern and the current market fluctuations, what do you think will be the bitcoin price on 13th March 2021?
submitted by IamGeorg to CryptoCurrencies [link] [comments]

Friday the 13th unlucky for Bitcoin too!

Bitcoin’s Price On March 13th 2014: $633.62 2015: $294.35 2016: $411.62 2017: $1221.38 2018: $9205.12 2019: $3909.16 2020: $4968.99 You have to take a look at the past before you go forward to predict bitcoin’s future price. Assessing this pattern and the current market fluctuations, what do you think will be the bitcoin price on 13th March 2021?
submitted by IamGeorg to CryptoCurrencyTrading [link] [comments]

Cash App.US Support Number {{{{{{{{{ +1(855)-937-4225 }}}}}}}} Get Help Now / healthlium

Cash App is a peer-to-peer (P2P) payment service owned by Square Inc. (NYSE: SQ), a major player in the financial technology (fintech) industryCash App.US Support Number {{{{{{{{{ +1(855)-937-4225 }}}}}}}} Get Help Now /. Cash App is only a part of Square’s business, which is built on software and point-of-sale hardware for business of all sizes. Square has quickly grown into one of the largest payment processing companies in the United States. Since its Nov. 2015 IPO, the company has expanded its business model beyond payment processing to include scheduling, employee management, and business analytics.
Cash App is Square’s foray into fintech for individuals. Square launched the service in 2013 to compete with services like Paypal’s (PYPL) Venmo, Apple (AAPL) Pay, and Google (GOOGL) Pay. P2P payment apps allow consumers to use their smartphones to pay for goods and services, pay bills, and transfer money to friends and family. However, unlike its competitors, Cash App has expanded its functionality beyond just P2P, allowing users to also receive direct deposit payments and ACH payments, as well as purchase Bitcoin through the platform.
Despite intense competition in the P2P payment industry, the addition of Cash App has been great for Square. The company reported a billion dollar bump in revenue last year; $3.3 billion in 2018 compared to $2.2 billion in 2017. Incidentally, 2018 was also the year Cash App surpassed Venmo in downloads, with 33.5 million cumulative downloads, to take the number one spot on the App Store.
As of the beginning of 2019, when Square Inc. released its 10-K and annual report, it had a market capitalization of $31.93 billion. Square has a current ratio of 1.5 and a return on equity (ROE) of -5.01%.

The Business Model


Cash App is free to download and its core functions—making P2P payments and transferring funds to a bank account—are also free for individuals to use. Cash App makes money by charging both businesses to use the app and individual users transaction fees to access the app’s additional services.

Key Takeaways


Charging Businesses


Cash App charges businesses that accept Cash App payments 2.75% per transaction. Such payments can be made in two ways:

Expedited Transfers and Credit Card Payments


For a 1.5% fee, individual users can expedite transfers from their Cash App account to a bank account. This allows the user have funds transferred into a bank account immediately instead of waiting the standard deposit time. Individuals can also use the platform to make personal payments using a credit card, instead of their Cash App balance, for a 3% transaction fee.

Bitcoin Exchange


At the end of 2017, Cash App started allowing users to use their in-app balances to buy and sell bitcoin. The app doesn’t charge individuals a fee for using this service, yet it is the only service Cash App provides that has been profitable to date. So the question is: how does Cash App make money with bitcoin? The answer: like any other bitcoin exchange. There is generally a 1-4% difference in what bitcoin exchanges and individuals pay for bitcoin. Cash App factors these differences into the prices it offers its users, thereby generating revenue on the exchanges it facilitates.

For example, Cash App might buy a bitcoin from one user for $9,900 and sell it to another for $10,000, making $100 in revenue. Cash App calculates this price difference based on fluctuations in the value of bitcoin. This might not sound like much, but it adds up. According to Square’s annual report, Cash App generated $166.5 million in bitcoin revenue in 2018 and profited $1.7 million.
submitted by Pleasant-Explorer to u/Pleasant-Explorer [link] [comments]

Investors' trust in the US dollar is down as the trust in gold keeps growing

Investors' trust in the US dollar is down as the trust in gold keeps growing
In the last couple of years, central banks in many countries have been actively buying gold. This increased demand served as a key factor in driving up the price for the precious metal. Recently, the price even exceeded $1,500 for a troy ounce. Even though it's still far from the historical high of $1770 (reached in 2011), the current price dynamics points towards a new cycle of growth.
The 2008-2011 price rally started at the $750 mark and was a result of the global financial crisis. Fortunately, developed economies managed to halt the downturn quite quickly, and the price of gold underwent a correction. However, after a fall to $1,070 for a troy oz. at the end of 2015, a new uptrend began. It was hardly noticeable at first, but by spring-2019, with the escalating US-China trade war and increasing tensions in the Middle East, gold prices started to grow rapidly.

https://preview.redd.it/nd521570t9b41.png?width=640&format=png&auto=webp&s=d64acfdd43963aaec55cb39da74abf345783cf40
It's worth noting that for the past few decades, the United States has held more gold in reserve than any other country in the world. In the last 15 years, the US gold reserves have stayed virtually unchanged, at 8,100 tons. By comparison, Germany — which holds the second place - has circa 3,400 tons of gold, or more than twice when compared to the US. Numerous international experts claim that the money and credit policy of the United States has a decisive impact on the price of gold. This theory does a great job at explaining the current situation: as the Federal Reserve takes steps to devalue the dollar, the gold prices keep growing.
In particular, in June, Bank of America experts Michelle Meyer and Ben Randall, issued a warning saying that the US government is considering an intervention to weaken the dollar.
In this context, more and more countries, central banks, and corporations realize that the value of the US dollar is based on the trust conferred to it by the global community. If this trust evaporates, a crash will become inevitable. The USD exchange rate may not fall so much relative to the euro or Japanese yen. However, the change relative to the price of gold will be dramatic. The exchange rates of all other fiat currencies to gold will decrease proportionately.
Gold is a safe investment asset, since US authorities cannot subject it to any sanctions. Besides, it has value in its own right, which is a statement that does not apply to US dollars or the euro. Thus, it's not surprising that the demand for physical gold continues to grow.
According to the latest report issued by the World Gold Council, the demand for the yellow metal reached a 3-year high in the first half of 2019. In Q2 2019 alone, global demand grew to 1,123 tons, which is 8% higher than in the second quarter of 2018.
The demand was spurred mostly by the ongoing purchases of central banks and by the steady growth of the gold-backed ETF market. The overall demand for gold in the first 6 months of 2019 grew to 2,181.7 tons.
During the same period, central banks across the globe bought a total of 374.1 tons – the largest six-month net increase in global gold reserves for the whole 19-year history of quarterly records. The report states that the most active buyers were central banks in developing countries.
The growth of state gold reserves around the world hints at intensifying disagreements among countries. This can be a sign that countries want to abandon the traditional reserve currencies of the old global economic leaders. As a result, the growing demand for gold is threatening the positions of the US, UK, and the European Union.
However, there is a key difference between the 2008 crisis (which led to a sharp increase in the gold prices) and the current situation. The market now has a new alternative to fiat money: cryptocurrencies. In the next ten years, global market players will have three basic instruments at their disposal: fiat money (mostly the US dollar as the main reserve currency), gold, and crypto (first and foremost Bitcoin).
Out of the three, fiat money is considered ever less reliable. There is already a tremendous amount of paper money that is not backed by anything – and more is being printed every day. The alternatives are the tried-and-true gold, on the one hand, or the new cryptocurrency ecosystem, on the other. While gold is the money of the past, fiat currencies (USD) are the money of the present, and crypto is the future of money.
A good example of a breakthrough solution for the problem of money is the new GOLD stablecoin. It combines the features of traditional currencies, while also leveraging the power of cryptocurrency, thus bypassing the unreliable fiat systems entirely.
In order to understand why it's such a disruptive solution, we should compare it to the most popular fiat-backed stablecoin on the market – USDT. Tether receives fiat dollars, stores them in a bank as a reserve fund, and issues tokens whose number should theoretically equal the amount of US dollars present in the reserve.
As shown by the recent incident with Bitfinex, this is not exactly true – but that issue goes beyond the scope of this article. Here, we must only mention that the market cap of Tether exceeds $4 billion – even though Tether investors don't receive any reward for holding their tokens.
The situation is almost absurd: with the current sanctions and repeated personal data leaks, many individuals and companies find that it's safer to store their funds in a stable cryptocoin than in US dollars – the most secure fiat currency. Unlike Tether and other fiat-pegged stablecoins, GOLD is pegged to the price of gold at the rate of 1 GOLD = 1 gram of 99.99% gold. Just like Tether stores US dollars in its reserve accounts, Digital Gold (the issuer of GOLD) keeps its physical gold reserves in a specialized vault.
The vault belongs to BullionStar – a global leader in the precious metals market. The gold is audited round the clock by BullionStar itself, providing a much stronger guarantee of security than any bank account statement. As investors keep buying more GOLD stablecoins, the company will keep purchasing new batches of physical gold, depositing it in the vault, and issuing new tokens.
The total amount of gold held by individuals, central banks, stores, and private vaults across the globe is valued at $8 trillion. Some experts believe that Bitcoin is the only crypto that can reach the same market capitalization and become a digital alternative to gold.
However, Bitcoin, like all other cryptocurrencies, is highly volatile. Besides, transaction fees in the Bitcoin network are high, so it can't be used for micropayments. And as the BTC price keeps growing, increasing fees can become a problem for larger transfers, too.
In this context, GOLD tokens feature three serious advantages. First of all, they are not volatile. Of course, the token's price does change as the underlying price of gold changes. But for those investors who are used to buying physical gold or ETFs, these fluctuations won't constitute a problem.
Secondly, the fact that GOLD is an ERC-20 token means that it can be successfully used for any payments, including microtransactions. In the absence of excess volatility, the average fee will range from $0.01 to $0.02. Lastly, since physical gold will always grow relative to all fiat currencies, GOLD will keep growing relative to all fiat stablecoins. Of course, this is only valid over long periods of time, since in the short term, gold prices can both rise and fall. The key point is that gold has been growing in value over the course of millennia. Thus, long-term investors will find GOLD far more attractive than any fiat-based stablecoins. What's more, they might soon lose their interest in fiat-pegged crypto altogether.
Website : https://gold.storage/ Whitepaper: https://gold.storage/wp.pdf Follow us on social media: Twitter: https://twitter.com/gold_erc20 Telegram: https://t.me/digitalgoldcoin Steemit: https://steemit.com/@digitalgoldcoin Reddit: https://www.reddit.com/golderc20/ Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
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Overview of Major Risks of Buying Nyancoins - Version 6

This is the sixth version of the NYAN risks document (based on v5 (v4 (v3 , v2 and original)). These are obsoleted periodically as the old ones get archived to allow for comments again via a new post, to re-examine the risks in light of changes, and for greater visibility.
The purpose of these documents is to provide a best-effort discussion of major risk factors in gambling on NYAN, modeled on the risks disclosure in a 10k (annual report) which is