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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 15/02/2018, 04:26:52 UTC
Quote from: chrismaes on February 15, 2018, 03:52:58 AM
Quote from: crypto.classroom on February 14, 2018, 08:23:39 PM
It really gripes me how people throw around the word SCAM to make it seem they know something.

I guess they think it makes them look smart.

Does it ever dawn on some of these asshats that perhaps there is no scam?

Perhaps there never was a scam?

Maybe there are real people working hard to make something happen in the background and all ya`ll asshats are just asshats.

Perhaps YOU are a scam?

people using bad language on others that didnt give them a reason for it quite often have bad motives. so what is your motive here, that you cant discuss properly?

i dont care if something makes me look smart or dumb, i am posting my opinion, nothing else. everywhere, everytime. you are yelling and using bad language at me for no reason. as a neutral watcher, i would know which person i would rather believe and which person i would ask myself, why is he/she acting  this way?

to add a little teaching here : a person CANT be scam. a person can be a SCAMMER, or SCUM. maybe you mixed something up there ... and while i am on it, learn to quote ... it aint that hard. maybe focus less on bad wording and more on "how to write and quote in a forum"


Quote from: P-UNIT on February 14, 2018, 08:59:48 PM
Do your research!  Ronnie Moas is the man!

i know ronnie. i never said anything bad about him at all, did i?

but i can tell you a old story from my beginnings of trading (nemax times) and a friend i knew back then (i lost contact several years ago, but thats another story). this guy was a very good news/daytrader and had an own paid "report" as well (i dont know if he called it report, newsletter or whatever anymore, it is so many years ago). and i knew him irl, so we basically spoke man to man. he once told me that his good name in the business and the fact ppl were buying and using his report was the best thing that could ever happend, and with this, he raised his own profit big times. even if he suggested rather mediocre investments (and even the best investor does misstakes here and there or can fall to a bad project), the people paying still followed, jumped the train, pumped the price and the result was quite obvious :

1st, he hardly had bad suggestions. because due to subscribers following, the prices raised (some kind of self-fullfilling prophecy)
2nd, his name got better and better, as most of his suggestions raised
3rd, his profit got maximized too, cause he was able to push the prices with his mix of knowledge and many ppl behind him, buying what he suggested.
4th, if a project or suggestion failed, he was never blamed for it. because a good number of his subscribers (those acting fastest when buying themself at low prices) still made profits, and those who didnt, rather blamed themself then him
5th and last, he called his followers (but not in a "bad" meaning, more with some kind of "love") "my sheep" because they followed him just like sheeps follow their chief.

this is nothing bad at all. just as ronnie, my former friend didnt try to scam anyone or abuse his powers. what he sugested were stocks or trades that he believed in HIMSELF... but for himself, the situation was the best of all. while his followers were still buying and buying, he was out quite often already, and had done a double profit : for selling the informations and for selling the stocks themself.

anyway, time will tell on unity, but one thing mentioned in here was a bit wrong :

someone said that ronnie said this is his best pick in last 20 years. in fact he said "MAY be my best idea in 20 years". additionally he mentioned that, with a 50/50 chance, it might even raise 1000% more till end of feb (later he changed that chance to 60/40 and month to end of march). and this might indeed be possible, but his recommendation is a BIG factor for the raise itself (and it was last time, when uny raised big, as well)

Wow thanks for sharing!  To be honest I'm new to investing in general,  just recently in the last yr have started to grow a passion for crypto. I'm addicted to crypto!  I actually own the domain name imaddictedtocrypto.com.  If there is anyone interested in purchasing it let me know! haha  The experience you shared was insightful I appreciate it because it can only be given by someone that has more experience than me.  I have been fortunate due to ronnie and see financial freedom as a real possibility by investing in crypto.  Can the hype alone make this a DOLLAR?


I'm curious now,how many of us got here because of Ronnie?
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Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 15/02/2018, 00:44:39 UTC
Sooo excited for the swap and updates to come!!!

PLEASE UPDATE WHEN YOUR UNY SWAP TO DIG!!!
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Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 15/02/2018, 00:04:16 UTC
Quote from: MtnJay01 on February 14, 2018, 11:51:38 PM
Just like everyone else, I'm trying to figure out what is believable and what isn't in regards to the UNY/DIG situation.  I found this recently and think it is a concrete reference:

https://www.prnewswire.com/news-releases/next-group-holdings-inc-partners-with-arbitrade-exchange-inc-in-joint-venture-to-launch-the-worlds-first-prepaid-gift-card-with-cryptocurrency-capability-300583799.html

Plans are one thing and execution is another.  However, an onramp to an exchange that doesn't need bank support along with a commodity-anchored coin makes sense to me for an ecosystem.  If they can execute, this is a big deal and represents a risk/reward ratio I'm comfortable with.

First post so don't beat me up!!  Just trying to contribute. 




Yea read that article too!  Noticed that they use the same address as cryptobontix too!  What does that make you think?
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Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 21:39:44 UTC
Quote from: Mostwnted1 on February 14, 2018, 05:24:23 PM
I think it terrible that people are posting the information given to them by Ronnie, if this is true.  He does this as a paid service,which he deserves the money for the amount of time he spends putting together his information. The guy is a machine and very well trusted.

But whats even worse is that Ronnie gives most of his money to charity.  Dont screw with something that brings so much good karma to the world.  If you are a subscriber, you should feel lucky that there are guys like him around. 

Again I have no idea if any of this is true, but I think its in bad taste if you are spreading rumors like this.

If you have information and know there's a chance you can make money and help your friends make money too you're not going to share that information?  In my opinion helping others is the best indescribable feeling a person can experience in their life. But lets be real.  There is Risk with this.  Bold promises are being made.  But if they follow through.  The potential is exponential.    If DIG goes to the moon let's follow in Ronnie's footsteps and give some back !!

PLEASE UPDATE WHEN YOUR UNY SWAP TO DIG!!
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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 20:59:48 UTC
Quote from: chrismaes on February 14, 2018, 06:54:59 PM
now some newsletter guy is the argument why this coin is legit and recordbreaking, hmmm

you know how  this kind of newsletters work?

they recommend something, doesnt matter if it is a crypto or stocks or whatever, and before doing so, they are in, big, at low prices.
due to their subscribers and the rumor spread, ppl buy. result : the chart raises (logically). they can claim "my recommendation was good, it raised loads after i did" but this is happening BECAUSE of this rec and not because of the proof of quality.

i can only encourage anyone to trade/buy/sell based on own analysis and thoughts. newsletter or youtuber or whatever guys who recommend, should be watched and not forgotten, but look at this kind of informations carefully, always.


if i had 100k subscribers and i would recommend ANY random coin with some arguments, ppl would buy and it would raise, just by logics.

the fact that ronnie recommended uny in the past proofs this big time. it raised due to this, but dropped loads after, because it was a bullshit coin.

i still dont see anything behind it, and those things backed by arguments should make alarmbells ring. the things promised for uny are WAY to good (why would they back a token worth 0,002 in the start with 1 dollar each? it makes no sense. they  could have easier created a complete NEW one, instead of using an old token, that already was used for p 'n d / scam.

Do your research!  Ronnie Moas is the man!
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Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 16:53:05 UTC
Quote from: Zerotosixty on February 14, 2018, 05:48:59 AM
Quote from: P-UNIT on February 14, 2018, 03:23:45 AM
Quote from: Zerotosixty on February 14, 2018, 03:07:04 AM
I've read the last several pages of this forum and I'm surprised no one has questioned the following:

The White Paper says that until they can earn enough money mining crypto to buy enough physical gold to back each token with $1 worth of gold, they will back the tokens with gold in the ground, by making deals with mining companies that control a sufficient quantity of proven reserves (gold in the ground).  This is ridiculous.

There is only one reason that located underground gold is still underground -- it takes a great deal of money to get it, to mine it.  Sure, there's value to the mining rights of proven gold reserves, but that value is the price of gold minus all mining costs (uncertain until totalled up after mining).  Profit margins are typically slim.  And by the way, many proven reserves will remain underground indefinitely, too costly to mine unless the price of gold increases a bit, or enormously, depending.

Bottom line, taking a lease on proven gold reserves isn't going to get anyone anywhere close to backing hundreds of millions or three billion "UNY" or "DID" tokens at $1 of worth of gold per token.  This will become apparent when the froth subsides and there's a normal state of price discovery.

This is a very interesting point.  Hopefully we will get more detailed information from the updated whitepaper after the swap.  What else do you know about mining precious metals?  Such as silver, platinum and palladium.  Does the same concept apply to these other metals too?  3 additional tokens are supposed to be released backed by these metals after the swap, you think there is a mining advantage with the other metals?  You mention that if the price were to increase it would make more financial sense to mine it.  Any guess on approx. %? a bit to enormous is a big and vague range.

Never mind about gold that's too expensive to mine.  Ramping up from discovery to production typically takes two or three years, and then production usually grows in stages.  Because mining is so expensive and time horizons long, there exist exploration-only companies who sell their interests in finds to production companies.  Such a sale price is probably never more than maybe 5% of what the proven reserves will eventually be worth when unearthed and extracted; still, that 5% will be good money to the explorer and ideally will more than make up for their unsuccessful projects.  (These deals aren't calculated by percentage; I'm just using what might be an end result of all considered factors.)  So... my point was that UNY or DIG cannot honestly state that gold (or platinum, or silver, or any mineral) in the ground represents the price of gold at market.  The White Paper actually says that every DIG token will from the start have $1 worth of gold backing it.  I'm saying that if they're going by proven and probable reserves they've secured, that it's more like 5 cents worth of gold backing each token, because gold in the hand is worth 20x, or 30x (whatever) than gold in the ground.

So what you're basically saying is that there is no way they can guarantee a dollar value of gold if it's in the ground?   Definitely going to be on the look out regarding the details of the overhead to mine the gold.  Just thinking... Is getting this loss exposure insured a possibility?  Is it a possibility for the mining companies to estimate potential operating costs + gold  and provide a loan to be paid in 15 yrs for 3 billions worth?  is cryptobontix calculating the mining overhead into their numbers?  seems to be such a large exposure that the team had to have thought of something right?  Great job picking this up!
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Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 14:44:46 UTC
Quote from: desertpoint82 on February 14, 2018, 01:55:56 PM
Ronnie Moas is backing this and has been an amazing stock picker for the last 20 years. He is in talks with the team too. Maybe don't concentrate on a physical address so much - seems a weird way of assessing viability of a project.

He's saying UNY might be his best pick in 20 yrs!!  I've been following for a year and can say he has hit massive gains on every pick so far.


PLEASE UPDATE WHEN YOUR UNY SWAP TO DIG!
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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 03:23:45 UTC
Quote from: Zerotosixty on February 14, 2018, 03:07:04 AM
I've read the last several pages of this forum and I'm surprised no one has questioned the following:

The White Paper says that until they can earn enough money mining crypto to buy enough physical gold to back each token with $1 worth of gold, they will back the tokens with gold in the ground, by making deals with mining companies that control a sufficient quantity of proven reserves (gold in the ground).  This is ridiculous.

There is only one reason that located underground gold is still underground -- it takes a great deal of money to get it, to mine it.  Sure, there's value to the mining rights of proven gold reserves, but that value is the price of gold minus all mining costs (uncertain until totalled up after mining).  Profit margins are typically slim.  And by the way, many proven reserves will remain underground indefinitely, too costly to mine unless the price of gold increases a bit, or enormously, depending.

Bottom line, taking a lease on proven gold reserves isn't going to get anyone anywhere close to backing hundreds of millions or three billion "UNY" or "DID" tokens at $1 of worth of gold per token.  This will become apparent when the froth subsides and there's a normal state of price discovery.

This is a very interesting point.  Hopefully we will get more detailed information from the updated whitepaper after the swap.  What else do you know about mining precious metals?  Such as silver, platinum and palladium.  Does the same concept apply to these other metals too?  3 additional tokens are supposed to be released backed by these metals after the swap, you think there is a mining advantage with the other metals?  You mention that if the price were to increase it would make more financial sense to mine it.  Any guess on approx. %? a bit to enormous is a big and vague range.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 03:17:18 UTC
Quote from: cryptolovett on February 14, 2018, 03:09:26 AM
Quote from: P-UNIT on February 14, 2018, 01:18:27 AM
Does anyone have a c-cex account?  I'm curious to know why there has always been such a huge discrepancy between livecoin and c-cex.  Noticed low volume but higher than average through the rise but consistent since the start of the rise.  to note* the volume for UNY has been ridiculous the past 5 days.  If this keeps up top 100 here we come!

I am trying to get a C-CEX account surely someone would sell one, the Arbitrage between livecoin and C-cex is massive!


I don't know if that would be a good idea.  Read on forums about withdrawals getting lost or taking longer than expected between c-cex and livecoin.  Also Livecoin is doing a auto 1:1 swap to dig and advised to transfer any UNY back into Livecoin for the swap.  Don't know if c-cex is following suit.  Wouldn't risk it, just my opinion.
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Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 14/02/2018, 01:18:27 UTC
Does anyone have a c-cex account?  I'm curious to know why there has always been such a huge discrepancy between livecoin and c-cex.  Noticed low volume but higher than average through the rise but consistent since the start of the rise.  to note* the volume for UNY has been ridiculous the past 5 days.  If this keeps up top 100 here we come!
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Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 23:06:41 UTC
Quote from: nmaru on February 13, 2018, 10:57:01 PM
I will say that CryptoTraderGuy did do a good job digging with the address, but I think that in this unregulated space one needs to look into more than just one variable. You can fool anyone with a fancy white paper and nice looking website.

Agreed, he is skeptical and has every right to be. There are alot of questions that need to be answered.  But the thing is this idea is phenomenal.  Too good to be true phenomenal.   Yet as I try to stay level headed I have faith because of the potential growth and research.  You miss 100% of the shots you don't take!  Invest only what you can afford to lose!!


PLEASE UPDATE WHEN YOUR UNY SWAPS TO DIG!
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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 21:55:05 UTC
Quote from: CryptoTraderGuy on February 13, 2018, 09:25:50 PM
Quote from: crypto.classroom on February 13, 2018, 09:00:41 PM
Really happy with this coin.   The members of the board are in fact some of the creme of Wall street.  Fortune 50 execs..  I know for a fact their names would not be on this endeavour if it were not something they regard as serious business.  We have a lot of questions of course but these guys obviously don`t even care about us or anybody's opinion about this coin or they would be in here.  What I surmise from all that is after the changeover to DIG and other announcements are made as is referred to on the Crypotobintix site there will be no way to ever get in the coin again for under a dollar.  

Whatever anybody has to say there is going to be some huge money made by those who intelligently ignore the negative crap being thrown in our faces.   Anybody wants to say anything about anything and some idiot thinks he owns this page and we got to go through him before we make our opinions.   He is really a troll of the worst sort (CryptoTraderGuy) and should be banned from this thread as his obvious only intention is to be a thorn in the side of this coin launch for whatever reason.  


It is plain to see the potential.  These are real fortune 50 execs on the Arbitrade whitepaper..


Leonard Schutzman
Non­Executive Chairman
Len Schutzman joined Arbitrade as Senior Advisor and Non-Executive
Chairman of the Board in July 2017. He retired from PepsiCo in 2011, after
serving as part of the company’s leadership team for more than thirty
years. He served as Senior Vice President & Treasurer of PepsiCo, where he
directed global financing, tax strategies and Mergers & Acquisitions. Len
also held positions as Chief Financial Officer of Pepsi Cola International,
Frito Lay, and Taco Bell.
Mr. Schutzman earned a BA degree in Accounting from Queens College, an
MBA from the University of Rochester, and is a CPA.


Dr. Timothy J. McGarvey
Director
Dr. McGarvey currently runs his own physical and electronic training
operation in London. On the electronic side, he built a cutting-edge
electronic trading platform for futures (with a focus on commodities)
which he calls Agora and he co-develops AI-mediated event-driven, price-
based, and fundamentals-based trading signals. On the physical trading
side, he sets up trades involving crude oil, jet fuel, LPG, ULSD, and marine
fuels primarily and has strategic partners in the USA, Europe, the Middle
East, and Asia and is engaged by Koch Industries in this regard. Previously,
he managed the nuclear operations of a nuclear submarine, was a natural
gas and electricity trader at EGL-UK and worked at Lehman Brothers with a
mortgage portfolio. Dr. McGarvey earned a BS degree in Engineering at the
US Naval Academy, a PhD in Physics at the California Institute of
Technology, and a Masters in Human Psychology and Philosophy of Mind at
the University of Toronto.


John F. MacNeil
Director
Mr. MacNeil is currently Managing Director at ACI Projects, LLC, where he
consults and partners on cross-border business development in
technology and renewable energy industries. He has held senior positions
as Portfolio Manager & Senior Analyst at Schroder Investment
Management North America Inc., Equity Strategist at Salomon Smith
Barney Inc., and Investment Strategist at Paine Webber Inc.
Mr. MacNeil earned a BS degree in Computer Science and Engineering
from the University of Connecticut and an MBA from the Columbia
School of Business.


Daniel F. Sweet
Director
Daniel Sweet has more than a decade of experience as Chief Compliance
Officer and Series 24 Principal responsible for overseeing trading ADR’s
and currencies for major Wall Street firms. During that period, he has held
positions as Managing Director & Principal – Head Equity Trader at BGC
Partners, and Series 24 Principal at both Direct Access Partners and Walter
J. Dowd. He currently serves as an Executive Consultant in the Finance
arena. Mr. Sweet earned a BS degree in finance from the California State
University.


Charles H. Woodworth
Director
Charles Woodworth has spent his entire 45 year career in the Financial
Services sector, as builder of successful enterprises over a broad spectrum
of the industry. Beginning in 1972, Charles built successful businesses for
major firms including a Life TPA (The Fulenwider Organization, Denver,
CO), two national scale branch offices (Smith Barney and Harris Upham,
New York), a general securities subsidiary (Lincoln Trust Securities, Lincoln
Trust Co., Denver, CO), CEO of Trust Company of America, Boulder, CO, two
top producing specialty sales teams (Kidder Peabody & Co. and
Montgomery Securities, and as an investor in and key advisor to two
private equity / merchant banking boutiques, SCG Madison Company, LLC.
and WhitePaper Capital Partners, LLC.
Charles is a graduate of Dartmouth College and attended The National
Law Center at George Washington University and The University of
Colorado Business School.

 
I am in and holding and good luck to all of you because I don`t see a lot of coins coming available to buy in on. People will be holding unless they see some quick bucks from trading and due to the nature of this launch you will have to entice them a bit more than is usual with your Bitcoin if you want in..



Okay. I stand corrected. Thank you for posting the names of the board. I downloaded the Arbitrade whitepaper myself and I do have some legit questions, and I'm not just trolling here.

I'm curious why the whitepaper says that Len Shutzman worked for PepsiCo for 30 years, but if you go to his Linkedin profile, he shows that he stopped working for them in 1995 and started his own consultancy firm. What's up with that?

Everyone else's bio on the whitepaper seems to match their Linkedin profile.





Don't know, maybe he consulted them once he started his own company?  I'm not very concerned with that detail. The thing is a good idea is nothing if there's nobody to execute it.  The team is imperative to the potential success of the token.  Right now there are no announcements of the new board for cryptobontix.  There are strong assumptions that some of the members of arbitrade will sit on the board for cryptobontix.  However it isn't confirmed.  But once it's all confirmed and in writing.  how much do you think a dig token will be by then?
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Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 20:38:56 UTC
Quote from: CryptoTraderGuy on February 13, 2018, 08:24:50 PM
Quote from: P-UNIT on February 13, 2018, 05:00:25 PM
Quote from: danishcheese on February 13, 2018, 04:53:02 PM
Quote from: P-UNIT on February 13, 2018, 04:37:38 PM
Quote from: CryptoTraderGuy on February 13, 2018, 04:17:33 PM
Quote from: cryptolovett on February 13, 2018, 10:59:38 AM
Hey everyone, just joined today after finding this thread, now i have to ask is there ONLY 110 UNY token holders in total? this seems pretty low or am i looking in the wrong place? - https://etherscan.io/token/0x1a986F1659e11E2AE7CC6543F307bAE5cDe1C761

Also i do not know why they would not announce the Dev team in the DIG whitepaper? That to me sounds a lil suspect.

Anyway i snagged some at 300 Sats so will see where this coin goes, regardless whether it is a scam coin or not there is still money to be made.


You're not looking in the wrong place. Notice how 1 single wallet holds 94% of all UNY tokens? Yeah. Price manipulation is easy!


It's because there was no ICO.  The founders and owners have 94%.  Because they have the position to manipulate to a dollar, you think they will?

If they can bring it to 1$ add stability to it by offering to exchange it for gold and make 3to 10% on the process of exchanging it for gold " it has to cost something,  ever bought a silver dollar?"  And slowly get the other coins circulating while building up bullion reserves that they can  access as the price of gold climbs , maybe ... the metals exchange I think is the key to this working , there has to be a fee involved because that's how metals work , as long as they can stay within 1-2% of kitco apmex and the like anyone in crypto would surely consider using this token to make their buys .
The
From my understanding of the november version of the whitepaper.  There is a 15 yr mortgage for gold that is not dug yet where price has been negotiated today or recently.  The weekly payments for the gold will be payed by the proceeds from the mining rigs.  So they calculated potential profit from the mining rigs and the gold mining companies accepted this proof of potential income.  

Edit*
They reported they initiated mining operations in Mid January.  There is definitely risk in investing in this token but also tremendous upside if they actually can make this work. Theoretically,  if the overall crypto market crashes devaluing all the coins to $0 dignity still will be backed by a dollar of gold.  Imagine if these advanced mining rigs exceed expected potential returns?  Overall the crypto market is still down from the correction.  What if they allow tours of the mining facilities?  

Yes. The problem is, you don't even know if they even have the mining rigs set up or even plan to set them up, or if they even have physical gold backing the tokens yet. They can just say that to get a bunch of people hyped about this coin who start buying like crazy, which drives the price up and then the guy that holds over 9 billion UNY tokens, or 3 billion DIG tokens after the exchange takes place sells his tokens and makes a killing which drives the price back down to who knows how low, zero? That's the danger of having a whale hold 94% of all the tokens. If there is a greater disbursement among different investors, it's much harder to manipulate the price because all of those people would have to suddenly dump their tokens onto the exchange to drive the price back down. But, with one person holding 94% of all the tokens, he's the only one that has to dump his tokens in order to make out like a bandit which drives the price back down. Then, he can wait a little bit and do it all over again. Go look at the chart for e-coin and you'll see exactly what I'm talking about. Again, I'm not saying this will happen with UNY or DIG, I'm just saying, with one guy controlling 94% of all the tokens, it could happen.

What your saying is definitely possible and if this is a complete scam that's what they'll do.  But if this works they have more incentive to make it work.  They project 9 billion in profits after they buy back all the tokens n 15 years.  And to make this a real possibility is for the price to hit $1.  If they have the position to make it a dollar, wouldn't they?  If it's traded for a dollar and the consumers know that it's backed by a dollar of gold .  the unforseen is do the mining rigs actually have the capability to make the payments for the gold?  Will the crypto market continue to rise?  Advancement in technology thats allows more efficient mining can make the rigs obsolete.  will they constantly tweek their rigs?  how conservatively did they do their math?  Looking forward to getting the answers to these questions!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 17:00:25 UTC
Quote from: danishcheese on February 13, 2018, 04:53:02 PM
Quote from: P-UNIT on February 13, 2018, 04:37:38 PM
Quote from: CryptoTraderGuy on February 13, 2018, 04:17:33 PM
Quote from: cryptolovett on February 13, 2018, 10:59:38 AM
Hey everyone, just joined today after finding this thread, now i have to ask is there ONLY 110 UNY token holders in total? this seems pretty low or am i looking in the wrong place? - https://etherscan.io/token/0x1a986F1659e11E2AE7CC6543F307bAE5cDe1C761

Also i do not know why they would not announce the Dev team in the DIG whitepaper? That to me sounds a lil suspect.

Anyway i snagged some at 300 Sats so will see where this coin goes, regardless whether it is a scam coin or not there is still money to be made.


You're not looking in the wrong place. Notice how 1 single wallet holds 94% of all UNY tokens? Yeah. Price manipulation is easy!


It's because there was no ICO.  The founders and owners have 94%.  Because they have the position to manipulate to a dollar, you think they will?

If they can bring it to 1$ add stability to it by offering to exchange it for gold and make 3to 10% on the process of exchanging it for gold " it has to cost something,  ever bought a silver dollar?"  And slowly get the other coins circulating while building up bullion reserves that they can  access as the price of gold climbs , maybe ... the metals exchange I think is the key to this working , there has to be a fee involved because that's how metals work , as long as they can stay within 1-2% of kitco apmex and the like anyone in crypto would surely consider using this token to make their buys .
The
From my understanding of the november version of the whitepaper.  There is a 15 yr mortgage for gold that is not dug yet where price has been negotiated today or recently.  The weekly payments for the gold will be payed by the proceeds from the mining rigs.  So they calculated potential profit from the mining rigs and the gold mining companies accepted this proof of potential income.  

Edit*
They reported they initiated mining operations in Mid January.  There is definitely risk in investing in this token but also tremendous upside if they actually can make this work. Theoretically,  if the overall crypto market crashes devaluing all the coins to $0 dignity still will be backed by a dollar of gold.  Imagine if these advanced mining rigs exceed expected potential returns?  Overall the crypto market is still down from the correction.  What if they allow tours of the mining facilities? 
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Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 16:51:10 UTC
Quote from: danishcheese on February 13, 2018, 04:40:27 PM
You keep saying that , can you post a screed shot ? Is it 9.4 billion ? Or 94% of the circulating supply? 188million ? Because there seems to be more than 16 million trading on livecoin , there are 4 pairs on live coin and btc pair had like 20m for sale yesterday 16m now ltc has 500,000 eth has 2m usd has 500,000 and it's on another exchange and there are the 110 wallets noted ... so 94% of what how many are in that wallet ?

Yea I'm not sure about the 94% . On coinmarketcap there are 202 million in circulation.  I'm assuming the owners and founders have the rest because there was no ICO.  202m/3billion - owners have 93.3%?
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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 16:37:38 UTC
Quote from: CryptoTraderGuy on February 13, 2018, 04:17:33 PM
Quote from: cryptolovett on February 13, 2018, 10:59:38 AM
Hey everyone, just joined today after finding this thread, now i have to ask is there ONLY 110 UNY token holders in total? this seems pretty low or am i looking in the wrong place? - https://etherscan.io/token/0x1a986F1659e11E2AE7CC6543F307bAE5cDe1C761

Also i do not know why they would not announce the Dev team in the DIG whitepaper? That to me sounds a lil suspect.

Anyway i snagged some at 300 Sats so will see where this coin goes, regardless whether it is a scam coin or not there is still money to be made.


You're not looking in the wrong place. Notice how 1 single wallet holds 94% of all UNY tokens? Yeah. Price manipulation is easy!


It's because there was no ICO.  The founders and owners have 94%.  Because they have the position to manipulate to a dollar, you think they will?
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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 14:31:38 UTC
Found some interesting information

dignityingot.com

namasteingot.com

honoringot.com

lifeingot.com

*edit

all registered within the last 3 weeks.  Look where it directs you!  dignityingot.com directs you to arbitrade.io  and the remainder directs you to cryptobontix.com


PLEASE UPDATE WHEN YOUR UNY SWAPS TO DIG
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Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 03:20:15 UTC
Quote from: CryptoTraderGuy on February 13, 2018, 03:05:06 AM
Quote from: P-UNIT on February 13, 2018, 02:50:59 AM
Quote from: kuranggizi on February 13, 2018, 02:11:05 AM
all the information looks so convincing that it appears on the thread, the layout and the plan of this project is very interesting, but there is a little disturbing belief that about the total supply of coins that reach 10 billion tokens may be too much, but if the price is expensive there is no problem

They are reducing to 3 Billion tokens from 10 Billion and rebranding from UNY to DIG (Dignity) starting tonight at 12pm til the 20th of february. Each DIG token will be back by a dollars worth of gold!

No offense, but I seriously hope nobody buys any kind of crypto coins based on your podcast. You guys both repeatedly say that there is no other cryptocurrency backed by gold. Uh, except all these:

http://www.goldscape.net/gold-blog/gold-backed-cryptocurrency/

You guys sound like Trayvon Martin, Crypto Nick, Craig Grant, and Ryan Hildreth combined. I mean, seriously? Scary.



hahaha you are hilarious cause you try so hard!  These next couple of weeks are going to be exciting!!!  Let's let the market determine whose right!
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Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 02:50:59 UTC
Quote from: kuranggizi on February 13, 2018, 02:11:05 AM
all the information looks so convincing that it appears on the thread, the layout and the plan of this project is very interesting, but there is a little disturbing belief that about the total supply of coins that reach 10 billion tokens may be too much, but if the price is expensive there is no problem

They are reducing to 3 Billion tokens from 10 Billion and rebranding from UNY to DIG (Dignity) starting tonight at 12pm til the 20th of february. Each DIG token will be back by a dollars worth of gold!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
P-UNIT
on 13/02/2018, 01:41:04 UTC
Please update when your UNY tokens swap to DIG!