Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
Wow how idiotic, so the world's largest miners don't sell future contracts at locked in prices ? No wait they do ... And same with fish if I could lock in a deal to supply 1000s of grocers with fish from Nippon Suisan Kaisha that contract would be worthless because the fish is still in the sea ? Nope thats stupid ..... so kinda exactly like your comment ....... its all about who that contract is with & my guess is that it is with a miner who's name and track record will add to the project ...... how many gold miners are out there right now that don't wish they had put a little into mining bitcoin ? Or had some exposure to it ? Don't think it would be that hard to find a good one who would take a offer like this honestly
AND , Calling the existing tokens that are not in circulation premine , right after saying the coin is not mineable is either just your poor understanding or intended to mislead and discourage
AND , Calling the existing tokens that are not in circulation premine , right after saying the coin is not mineable is either just your poor understanding or intended to mislead and discourage
Future contract? Really? So contracts can't be voided then? Sure, so DIG is backed by "future" gold bullions? Let them state this in their marketing and see how far DIG will go
. A gold backed currency requires real gold locked away - not futures. A $ backed currency needs $$ locked away (banked), and audited by a reputable firm. So it terms of backing currency - yes, unmined gold is worth as much as fish in the sea. Also there is a reason I put premine in quotes ("pre-mine" / "air-drop") - so it seems to me you either have poor understanding of English or intend to mislead
Anybody reading this and wondering about it google and learn about gold mining , also read the news at cryptobontix ... I'll say it again . There is no premine in this coin it is not mineable, it wasn't a ICO . Project has private investment 3 more coins to come and a exchange to come ...
Yes. And again - the fact that it is neither mineable nor and ICO is a problem for a lot of people. Do some research and figure out why.
As for the the gold bullion vs future contracts they are not the same thing (fact). Entering into a future contract is NOT the same as owning gold. So you need to tell us (if you know) what will back DIG. Is it future contracts or gold bullion. Simple straight-forward answers are enough - people here just need the facts and they can draw informed conclusions fast and easy.