Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
saliljnr
on 01/03/2018, 23:03:02 UTC
You suck , it is the same as owning gold actually . People buy these contracts precisely for that reason you fool . You are putting up totally false and misleading post here ... people buy like that to lock in a price they like sometimes they pay more than spot price but it's a price they set ... miners sell those contracts to lock in profit , SOMETIMES THEY SELL LOWER THAN SPOT but it's a price they picked when they made the contract ... those contracts are not written in ways that it is easy for either party to pull out & in this case why would they ? I'm sure many miners out there want exposure to crypto , and we here want exposure to gold silver and platnum.. cryptobontix is up and mining as stated , so is whoever we are getting gold from .... remember these are people running business,  not you only using half your brain.... do you think the gold miner is going to have a change of heart and say ahhhhh I don't want btc anymore ? Or cryptobontix is just going to change their mind about gold and the whole project ? Pls think a little... or you're just saying the entire thing is a scam and that doesn't mAke you a skeptic , it makes you either  paranoid or a basher .... you are not brining up actual concerns .... you are basically saying the project doesn't exist as stated or is a complete scam.... so what is it ?

Now stop quoting me tard.  You just look like the idiot you are ... why in the world are you asking me yo state anything ? This is not my project.  But unlike you I have followed it closely... go back read everything you can and if you still need to post what you have been posting... you are stupid.  Or just really easy to entertain either way last responce so enjoy it Smiley

"Investing in gold through future contracts or exchange-traded funds (ETFs) is not equivalent to owning gold...With gold and silver futures contracts, the seller is committing to deliver gold to the buyer at the contract expiry date. Until the delivery happens, the buyer will not own the gold, and will only be an owner of a paper gold contract. " - Quoting Investopedia. You asked me to google - I just did. Here is the link for reference (https://www.investopedia.com/terms/b/bullion.asp). But we already knew that entering a "contract to own gold in the future" is not the same as having gold bullion under lock & key in the bank. But you had to go on a needless rant...