Search content
Sort by

Showing 20 of 59 results by nyatso88
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 14/06/2019, 16:24:02 UTC
Count down to the GMA token burn 18 days to go .... 💫💫🔥

Looks like its getting closer and closer. Here is a link to the video announcement on the token burn Smiley:

https://www.youtube.com/watch?v=_TYUYHWs2EY
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 09/05/2019, 08:47:12 UTC
So, I just read on c[Suspicious link removed]m, that hackers have stolen 7000 bitcoin from Binance, how devastating. What can be done to further secure exchanges?

OMG Thats bad... That brings back the topic we always used to debate on about Centralized and Decentralized exchanges..... My question is are we ever really secure in a Centralized exchange?Huh Most of the big hacks that made News where mainly Centralized..

I dont think so. Read that Binance considered doing away with centrality and so miners could form a consensus to wield 51% of the network’s hashing power to reorganize the blockchain’s transactions after the loss. But they decide not to take that approach.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 08/05/2019, 13:54:47 UTC
So, I just read on c[Suspicious link removed]m, that hackers have stolen 7000 bitcoin from Binance, how devastating. What can be done to further secure exchanges?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 30/04/2019, 14:23:06 UTC
Hey guys, quick question, there is a debate about the JP Morgan coin, some argue that it is not really cryptocurrency, do you guys agree?

Heyy there... This is a hot topic right now, Some argue that the JP coin hardly represents the core values of Cryptocurrency... It is only available to some JP Morgan account holders only... Some think its a step in the right direction, at least they are using blockchain. What are your thoughts.

I think its leaning more on the 'method of payment' definition than cryptocurrency. It looks like they are embracing blockchain more than crypto itself.

Do you remember when Jamie Dimon (CEO of JP Morgan) made some really harsh remarks about Bitcoin back in 2017... I'm interested to see Where this will go.

He might have to eat his words a little bit. LOL Grin. I suppose it will still play a role in mainstreming cryptocurrency.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 29/04/2019, 13:01:24 UTC
Hey guys, quick question, there is a debate about the JP Morgan coin, some argue that it is not really cryptocurrency, do you guys agree?

Heyy there... This is a hot topic right now, Some argue that the JP coin hardly represents the core values of Cryptocurrency... It is only available to some JP Morgan account holders only... Some think its a step in the right direction, at least they are using blockchain. What are your thoughts.

I think its leaning more on the 'method of payment' definition than cryptocurrency. It looks like they are embracing blockchain more than crypto itself.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 25/04/2019, 09:47:22 UTC
Hey guys, quick question, there is a debate about the JP Morgan coin, some argue that it is not really cryptocurrency, do you guys agree?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 28/03/2019, 16:49:17 UTC
Are you guys subscribed to the Goldma Youtube channel? Head over to the Goldma channel for all visual updates on the project.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 27/03/2019, 11:48:24 UTC
Want to understand more about the Goldma community? Click the link below and watch Grin

https://www.youtube.com/watch?v=NYZu4eOylmw
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 26/03/2019, 11:24:04 UTC
By the way guys, the whitepaper link on the website is now working. You can actually download the latest version of the whitepaper @ goldma.io. Also, there is a new page with all the information on the Waves platform for those that are interested in understanding how Waves Platform work.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 26/03/2019, 11:18:19 UTC
Goldman has divised ways to increase gold recovery whilst the CIP plant is being processed. Link provided below

https://www.youtube.com/watch?v=1qY38gzcZ2Q

Oh yes that is delightful news more gold is always good. I am very impressed with how much the Engineers know what they are doing, a rearrangement of the separators and additional Cyclone and shaker table made a real difference in the Gold recovery.

Yes, it's quite efficient! Since the mine is the heart of the project, I guess all efforts are being channelled towards making sure the GMA token become a token backed by a profitable asset.



That's really awesome!!!! The idea that my investment isn't a virtual something that I can only grasp in my mind but rather a real tangible ongoing/growing concern is a definite plus! Thrilled about this Goldma!



Now that we have established the progress and improvements that are going happening at the mine, I think we need to elaborate how important these developments are to the GMA token... I will open this question to all, why is it important to have a CIP plant installed at the mine?

I think Kurt gave some good insight there.

Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 25/03/2019, 10:53:48 UTC
Goldma has started developing the CIP plant. :)Must watch guys
https://www.youtube.com/watch?v=Wn7ynqI-aVQ


I guess you mean the virtual cip plant ?There is nothing.It should be months ago started being developed.
The exchanges are the biggest joke.Waves Dex and an exchange based in Zimbabwe where people can't withdraw their coins.

Total volume of goldma tokens in 4-5 months on these exchanges is $20 .
No promotion no real exchange coming soon.And with real exchange i mean an exchange with liquidity.
No demand of that coin.
Royalties have been also been misinformed.It was said 5% quaterly and 20% yearly.
That means for everyone who knows math that he gets 20% of yearly profit as royalty.
The truth is their math is diffrent than yours even Mr Henkins is from USA.
Their 5% quaterly also means 5% of yearly profit.
So the real royalty per year is not 20% but just 5%.
Who is investing in something where he provides all funding and gets a 5% royalty of yearly profit ?Maybe someone can point me to such a bad business ?

Next point that team bans everyone who raises their voice against the known issues on their telegram group with the claim being a racist or a previous banned member.
I guess they have already banned hundred if not thousands of members of their telegram group.
Of course there is no financial report.
No information for what price the gold will be sold to the zimbabwe central bank who dictates the price the company will get.No information on what price they will get ETH tokens since there is a premium in Zimbabwe.

Their whitepaper v10 on their website still doesnt work.Noone ever was able to read the whitepaper v10 since it was from the beginning broken.They claim to have a contract with the users based on the whitepaper v10.Funny they where allowed to change the whitepaper after ICO but i can't say much about it since till today nobody was able to even read whitepaper v10 and what the current terms are.


If you wanna invest in something you won't be able to leave for a long time even if its a legit project than this is your choice.


P.S did i mention they are non stop accusing me to their members that i try to get funds from their investors.Of course they don't reply here or even proof their claims even they know about that thread and the issues here but openly admitted to avoid any confrontations.


P.S on the old whitepaper they have the right to buy back all tokens based on market price for 7-8 years.
Would they buy at current market price all tokens back all investors would instantly lose nearly all their investment.

The CIP is a reality, we are excited to share this with the community. Also, we have an open door policy, there are countless videos of investors who have been to the Sunrise Mine. Please feel free to visit our youtube channel. The good thing about tangible evidence is it cannot lie. Goldma is also making an effort to keep investors informed of all developments. Our sincere apologies to all that have been inconvenienced by the rate of progress. However, I am sure one can understand that there are always unforeseen circumstances that may defer progress a bit. For example, the incessant rainfall where the Sunrise Mine is located, is a major deterrent when constructing infrastructure. Also, I am sure that one can appreciate that it takes time to set up a longterm structure that will produce millions of dollars worth of Gold. So it is a thorough process, even finding a company that will build the plant was a carefully researched and deliberated decision. So everything is meant to ensure that funds are used responsibly accordingly. One thing we can assure GMA investors is, the team is working tirelessly to make the project a success. Much appreciation for the patience and understanding. If there are any further questions, please feel free to ask on any of our platforms. Links are provided below

https://www.facebook.com/GoldMAZimbabwe/

https://twitter.com/GoldMA_Coin

https://www.instagram.com/goldma_zw/?hl=en

https://www.linkedin.com/company/goldchip-mining-asset/
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 25/03/2019, 10:15:59 UTC
Goldman has divised ways to increase gold recovery whilst the CIP plant is being processed. Link provided below

https://www.youtube.com/watch?v=1qY38gzcZ2Q

Oh yes that is delightful news more gold is always good. I am very impressed with how much the Engineers know what they are doing, a rearrangement of the separators and additional Cyclone and shaker table made a real difference in the Gold recovery.

Yes, it's quite efficient! Since the mine is the heart of the project, I guess all efforts are being channelled towards making sure the GMA token become a token backed by a profitable asset.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 24/03/2019, 09:55:46 UTC
Goldma has divised ways to increase gold recovery whilst the CIP plant is being processed. Link provided below

https://www.youtube.com/watch?v=1qY38gzcZ2Q
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 07/02/2019, 12:32:01 UTC
 Goldma has started developing the CIP plant. :)Must watch guys
https://www.youtube.com/watch?v=Wn7ynqI-aVQ
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 02/10/2018, 09:14:06 UTC
I had a great day yesterday... spent the whole day t the Goldma Mine checking out the new equipment Cool #GoldmaICO

That's great! How is the mine doing? Did you get to touch any gold?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 01/10/2018, 09:44:30 UTC
Cryptocurrency and Zimbabwe....sounds so so good! The future is coming! Soon more and more people will come to this realization!

Yeah, that's true! Seems like the state of Zimbabwe's economy is acting as a catalyst for cryptocurrency adoption. The future is coming sooner than we realize

That's very nice. I believe that cryptocurrency and blockchain space is crucial for the developing countries and the chance to implement the tech first and enjoy it in future. Goldma is pretty nice tokenization use case for the real asset as gold. But I can see that it's not attracting big investors and the funds raised stay around $8 mln and don't move for months. Why?

Hello Dasengineer,

 That's an interesting question. I can't answer that question with any statistical facts or without some type of bias. I can only state the facts -1) We have reached our softcap. 2) We have 2 exchanges to be listed on - already  3) We already have a cash generating business

People will catch on sooner or later.

Quite interesting. I'm very curious about exchanges that list security tokens, as I'm aware there is still no regulated exchange for this purpose. I do believe STO is the future and you guys began this journey. Is the cash generating stream publicly available? Can we check somewhere how profitable were Goldma in the past or currently? Thanks

The cash stream is not publicly available until after the ICO. We will publish all such information on all our social medium platforms.

Appreciate your interaction with the community and looking forward for full transparency on the cash stream. It's critical right now. We have a lot of toxic people still involved in this space, we should separate them with transparency and commitment.

That is a very important point you put across there Dasegineer, This is the most critical point in building trust in the community and I know Goldma is on a mission to distinguish themselves from the toxic bunch... all I can say is watch the space and you will be impressed. So far Goldma has been consistent and true to its word and there is no stopping now.... Stay tune for good news soon Wink Wink Wink

I like how transparent Goldma has been throughout this ICO, Communication is the key to building trust with investors.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 28/09/2018, 14:12:14 UTC
Digging deeper I have discovered that this could be a potential 'gold mine' for investors. Literally.

well you are right Smartcont.. Goldma Literally has a Goldmine that has been operating and producing gold since 2011... So the GMA token Literally gives Investors across the world access to the mine and its profits through its royalties.... Goldma is Literally digitizing gold Mining Wink
That's right, Goldma token holders are fortunate to have a portion of the mine's profits every quarter.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 25/09/2018, 14:58:59 UTC
https://www.ccn.com/why-ethereum-co-creator-believes-days-of-1000x-crypto-growth-is-gone/

I was reading this article where Vitalik Buterin was saying that cryptocurrencies need to move from being speculative tools for millionaires to being integrated in genuine economic activity. I reckon Goldma is ahead of the curve with this one. The GMA token is tied to veritable production. All of you guys who are participating in our ICO are participating in the extraction and marketing of real gold.



I think he has a point there. It high time people start treating digital assets as investments instead of looking at it like gambling. Goldma has demonstrated that they are a real business which is a good thing.


Well to add to that (in that the need to "start treating digital assets as investments instead of looking at it like gambling"), another thing he said was that "the growth as seen in 2017 in the cryptocurrency sector is gone". I disagree: I personally do see more growth AFTER we see adaptation of all these crypto ideas. The concept of crypto becoming mainstream and trumping the use of fiat: we're not there yet but once we get there I see more growth within this medium.

Yah, I think he may have underestimated the potential of asset-backed cryptocurrencies. Perhaps it applies to utility tokens because many are now aware that they are not a store of value, this is the only reason why cryptocurrencies are not skyrocketing anymore, but it will only take one game changer to prove him wrong. Goldma might be the one.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 24/09/2018, 13:19:02 UTC
https://www.ccn.com/why-ethereum-co-creator-believes-days-of-1000x-crypto-growth-is-gone/

I was reading this article where Vitalik Buterin was saying that cryptocurrencies need to move from being speculative tools for millionaires to being integrated in genuine economic activity. I reckon Goldma is ahead of the curve with this one. The GMA token is tied to veritable production. All of you guys who are participating in our ICO are participating in the extraction and marketing of real gold.



I think he has a point there. It high time people start treating digital assets as investments instead of looking at it like gambling. Goldma has demonstrated that they are a real business which is a good thing.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]Gold Mining Asset|Digitizing Gold Assets: Crypto-Based Gold Token
by
nyatso88
on 23/09/2018, 19:57:30 UTC
I overhead a conversation this morning. 'Twas about the hyper-inflationary episode we went through in Zimbabwe, about a decade ago. One gentleman said to the other, 'imagine working for well over 20 years and your entire pension coming to naught.' I couldn't help but feel a visceral reaction. That, to me, is the result of people not being educated about the financial system.

Humans are really bad at noticing dangers that creep up on us. We end up like the proverbial toad in a pot of hot water. Usually, by the time we realise something is bad, it's too late.

The fiat 'monetary' system is only good for transactions at best. But as a long term store of value, I reckon it's useless. It's that realisation that is Goldma's foundation. Hard working folks around the world deserve a way out of the trap. They have to be able to hold on to the value they worked so hard for. I believe the GMA token is one of those ways.


You're right in that education is key. I think that even when we can see what's happening it is human nature to roll with the flow and follow each other like sheep instead of stepping out of our comfort zones into a new medium. There are SO many people (not just in Zimbabwe but the world over) who have spent their lives working to put away a nice nest egg for themselves and yet have nothing left of it (or not enough to take care of them). There are many working well past their intended retirement and not by choice. It's a terrible situation and I personally look forward to seeing how cryptocurrency investments, and Goldma in particular, can combat that issue.

Yeah. It's that education that I hope to help out with. I'm no financial advisor but i think it can't hurt to look back into history and understand money. Whenever I mention that there is a difference between money and currency, people are sort of dumbfounded. That, to me, is a sign that our education system is doing a poor job making sure that people go into their adult lives with a keen understanding of finance.

We're playing our part and there's a short video coming out that succinctly explains monetary history and how it affects all of us as individuals. Be on the lookout for that.

It would be great if it became a "real money" movement. I think once people understand that fiat currency is simply exported inflationary paper, most people will understand that asset-backed cryptocurrencies are the answer. Otherwise many will be losing their value because they are not aware that the paper they are chasing is just currency and not money. The major difference that everyone needs to understand is that money is a store of value but currency is simply a medium of exchange an unit of account.

I really hope that a massive adoption of cryptocurrencies can get people closer to the financial world. A world that affects them directly, but of which, ironically, almost no one has a clear understanding. For me it has been so.

Projects like GOLDMA are useful also in this perspective.

That would be the ideal world for sure. Cryptocurrency will also emphasize financial literacy.