Bitcoin Forum

Wow! Finally coin with the future!
Waiting for the launch!

IPO dare to attend each!!!!!
Idea is very good, but it's too ideal words, gold is irreplaceable

Looks good; Nice logo as well.

Nice work!

seems interesting, will watch as many PM (precious metal coins) have been tried before and none have really taken off. Might put a couple satoshis in the IPO.

I'm looking out for the launch tomorrow.
Good luck.

i will exchange gold from you ,but do you have gold???

This coin looks like really professionally thought out. I will be watching this one. How can I get into the IPO?

So you are going to gather 1.5 M € in one day to buy the gold, or WHAT?

So if 4200 GTC for 10 grams, that means 20.736.000 GTC = ~50 Kilos of pure gold = 41271.91 USD per kilo = ~ 2.000.000 USD to bake all coins. Well good luck with that. Also, where all gold will be storaged and how random Jhon will know that it even exist and not tranfered to your private bank account?

Why not ;)

Random coin to fool the dumb

in

Will there be an escrow service for the IPO?
If so, this coin looks promising. If not, I guess it's just another scam.

Lov, yes that is the value of all coins ever mined and to be mined. All gold backing GTC will be stored in the bank safe deposit box and will provide the guarantee for GTC

This escrow service could be bad decision, they are doing it right so far, if they really start delivering

Definitely maybe :)
Interesting idea, but IPOs nowadays have the tendency to turn into scams. Let's hope for the best while preparing for... the usual?

Thanx god! I didnt sell my graphics cards!  :)

So... store something that backs up a thing that is meant to replace another thing in exactly the thing that it's supposed to replace? Woah... I feel dizzy now...

Looks good, when do you take off?

I am interested to see how this will work out. Looks promising.

Poolerino.com will support this idea. Ill be back with pre-register address.

Something big is brewing guys, I can feel it!
I'll try to invest a bit, eventhough normaly I don't do it.

please don't use private messages, rather shoot us an email to dev@guarantcoin.com

interesting

Gold standard is back! Nice! This one is finally different from shitty aurora copycats, if it proves trustworthy it's gold hehe 😉

So since your website and post have little to no information, about how your are going to handle the gold backing. Here's a question

1. Will you be providing an independent audit report, detailing the gold reserves?
    A. If you don't this is a scam
    B. If you are who will you be using.

The best evidence we can provide you is to order one.
You can purchase GTC and immediately submit a request to exchange them for a certified 10g golden bar and have it mailed it to your address. You are then 100% sure that our coins are backed by gold.

So basically zero verification or auditing. Thanks but no thanks.

Moving on.

I was really hoping you guys were going to be different :(. It was a good idea.

We hope we will gain your trust in the future

so the initial IPO funders will buy the equivalent of 50kg of gold (how much is this in BTC ? 5000 ?)
(sound like gpuc with gold instead of gpu... might explain scrypt-n)

and there is already one coin based on gold (in a less shady way...).

yes, you are right (5000)

... before tomorrow (end of the IPO)... right...
...waiting for stackcoin picture with 5000BTC on it... there won't be enough NAS to repay everybody...  ;D

on an other hand, the escrow will be happy if this happen...

this remind me of standardcoin, scam is on the way

mmmm..golden scam nuggets

Buy my IPO. i will buy gold and ill keep it safe...I promise..Hihihihihi!! true.. I'll keep it ...hihihihihi!

IPO is not ending tommorrow and the coin is not a scam, you will see.

Cryptocurrencys are based on trust, dude.

That's where you are completely wrong...crypto currencies are based on non-trust.

But hey, I was just joking... might not be a scam, only DEV knows!

I'm just suspicious of IPO coins!

I'm genuinely at a loss as to how this is supposed to work. How are the coins guaranteed at launch? Unless the dev already owns a massive amount of gold or is a billionaire I cannot see how this is even possible.

Please ELI5 how you expect to back up the coin on day 1 to be worth what you say it will be in gold, and how once it is released it will maintain this price?

Well, this is only about trust, and I personally believe it. Once it will go pulic that guys are delivering, this coin price will skyrocket and I'll be rich man :-D

The whole point of crypto is that you don't trust anyone. Hence the decentralization and encryption. -_-

It's easy Bildo, the coins you mine in four years will not be here at launch. Our IPO/Crowdfunding program will ensure the gold backing. Our economic model is carefully thought.

I will rather invest here then buy some of the coins on cryptsy (Panda) to see how it falls from 60 to 2 Satoshi in few minutes.
Same with RPD, PND. I think we know them bunch. Is this coin different? I have absolutely no idea, but I would be pissed off to see people having  Champaigne and I have no glass to fill. That's what happened with Bitcoins.. What I am saying... I am more IN than out!

DEV,the released time is the IPO time or the mine time?????Can we mine it 2 hours later????

How to use the NVIDIA dig this coin

This idea is so stupid and won't work.

Dev are you ready for a timely launch?

No replies from DEV ..Another shit coin?

just wait and see guys  ;)

Premining has been happening by devs -- looks like regular miners are lining up at CoinArdia. :)

nothing  ;D

So atleast 15 min utes before launch mining in full swing at http://gtc.coinardia.com
That's great, I may be a newb on this forum, but thats only because I only recently registered.
More importantly I wasn't born yesterday.

Not true -- no blocks @ CoinArdia

LAUNCHED!!  :D

NICE Windows wallet guys.. tar.gz file ? Really good job  ::)

7-zip unpacks tar just fine

Just found out.... Just fix the f*ing name then :)

For me works fine...  ???

I'm solo mining on windows with the link provided in the OP

WinRAR and 7zip unpack .tar.gz without problem.

Is anyone else on CoinArdia not seeing any blocks/coins?

How could I know?? with no zip/rar installed on the other pc, and it says blahblah.tar.gz and a blank icon? Why the F would someone with windows DL that?  ;D (I see they fixed it now)

damn those GPU farms
let small miners get blocks..

until i compile diff already high..... :)

Sometimes the wallets come in .7z also.. You should install 7zip or Winrar ;)

I see Win wallet has been replaced - now it's .exe file.

gpu farms owner... coins suppose to be more.. 'decentralized'
or smthng

byebye from me too

some pool up?

We were surprised not to see a github source, but anyway the pool at http://gtc.coinardia.com is up and running - Happy mining

You can find it on their website - home section: https://github.com/gtccoin/gtccoin

nice coin i will buy

Yes I will buy too.  ;)

I trust you, but you have to justify it

why can't coins launch with p2pool + p2pool source like blackcoin did ?

I hope I am the first GTC backer, guys ;-)

Hey,
This is a confirmation message, that we have received your request for guarantcoin IPO.

You have chosen this batches
1 x 0.1 - 0.9 BTC
1 x 1 - 9 BTC
x 10 - 90 BTC
x 100 BTC

Now send the total amount of BTC to this address:
[1HgLpZ7YWcohyiMU57CkxSz2GbUVvbKFM]

Your Guarantcoin address
[GNcfQcUWDUihYvDcFtSYgobwJSc6AEU7CG]

Nice IPO prices.

So i solomined over 1 BTC in just a couple of minutes with 4 GPU ;D

Diff rising

I just sent 3 BTC to IPO, this will be very good coin. When will I receive guarantcoins?

BTC - 1AcmYmXUcEto8TkTWaQM2zVHvsMvdVTZXJ

When will be exchange?

gtc.altmine.net (http://gtc.altmine.net) p2pool

* Dedicated servers in Europe with 1 Gbit/s connection and DDoS protection.
* US and SG nodes for some coins. Let me know if you want more.
* No user account required.
* Instant payouts when blocks are found.
* Only 1% fee.

More than 300 Mh! WOW!!!

nice coin

new pool for this coin.

http://gtc.dgbpool.com/

Nice one, we will add you

care with this pool, 600k CINNI stolen there

Looks good  ;)

Diff 5 and rising

Thanks

Who do I submit the GTC to? The website Argor-Heraeus doesn't give a link to deposit GTC for gold unless I missed this somewhere.
Can you help us out here please dev. Feeling confused ??? ???

 ;D ;D ;D ;D ;D

Is it joke?

Look here: http://guarantcoin.com/guarantee/

diff rising

I understand now it's all on the website

Exchanges coming soon

Where? :)  I plan to sell it for 1000gtc / 1BTC: P

gtc.coinardia.com constantly switch to vertcoin
diff (real) switching diff vertcoin 187
WTF??
 


   

Yep, I believe this coin has potential and I will definitely wait til it hits some good exchange.

What exchange rate do you take?

I think it's too soon for ratio... I will simply keep the coins and observe the situation.

YES me too. If it will be similar to aurora, We wil be rich. You are mininig, or you bought IPO?

Both ;-)

Umm, you have some math problems I think. First, the block reward halving is every 103680 blocks. But... um... at three minutes per block that would mean it would actually take 216 days to hit that mark, which is more like 2/3 of a year. That's only a small error, however, compared to the absolutely stupid mistake made with the block rewards. At a reward of 100 GTC per block, you're looking at 10,368,000 GTC in 216 days, at which point the reward gets cut in half. That would be fine, except I believe the IPO already took half of the coins, right? So really, in 216 days, the GTC are all gone. Oops. Either you need to adjust the block reward to 50, or you need to double the coin supply, or perhaps the IPO wasn't 50% of all coins, in which case you need to clarify the number of IPO coins.

Your website looks pretty professional, so I'd like to give you the benefit of the doubt, but then if you could scam people out of 50 BTC in a few days before things get figured out, you'd make a lot more than that site would cost to create. Better come back with some details really fast, or I'm lumping this into the scam bucket with a lot of other coins! Seriously: cryptocurrencies are fundamentally based on math. How can you hope to create a successful cryptocurrency if you fail so badly at basic math!?

Also, we need a block explorer, pronto -- that would at least let us see the premine/IPO amount.

We finally found a block on gtc.altmine.net (http://gtc.altmine.net). Payout is working.

Yep, Math OP. He is absolutely correct. Either needs a fixed or scambony.

Thank you, it looks there is an error, anyway I can only tell you that we are honest and not intend to scam anyone. We will try to fix it asap.

Personally i think any coin that is part of an ipo is a private venture not an open sourced project and therefore not even an alternative cryptocurrency

I think ipo based 'coins' should not be allowed to be posted

A simple statement of "50% premine for gold backed IPO" would also help. Anyway, hopefully you get things sorted, though at the current IPO price if you actually sell all of the IPO (a truly long shot!) I think it's interesting that you'd be looking at $2,560,896 worth of BTC invested (5184 BTC at 2000 GTC per BTC). Meanwhile, you're guaranteeing a price of at least 0.002381g of gold per GTC, and at the current market rate for gold that would mean the whole of GTC would be guaranteed a minimum value of $2,049,942. So basically if you actually get people to take you up on the IPO, that will serve to fully prop up the price -- you could put every BTC of the IPO onto future exchanges at a price of around 20K satoshi... and you'd still have one fifth of the IPO value remaining.

In other words, while your words say one thing, like most new coins I think the real goal is quite simple: you as the coin's creators are hoping to make a substantial amount of profit. Whether or not you can get enough "true believers" to pull it off is a question we have yet to see answered, but my guess is... no. If I were interested in gold, I'd much rather take $415 and buy 10g of gold instead of spending 1BTC ($495) to get 2000 GTC that could be traded in at any time for... 5g of gold.

Anyone interested in this IPO, I have an offer for you: send me 1BTC and I will send you $415. That's twice the returns you'll make off of this coin! How could you let that generous bounty pass you by? On the other hand, AUR looks like a complete scam, and yet people are still mining that sucker, so who knows? LOL

GuarantCoin [GTC] is now on Europex : https://www.europex.eu/#coin/btc/gtc
Only 0.12% exchange fee
Only 0.00002 BTC fee for instant BTC withdraw

I'm sorry, what?
I asked you if you would be storing gold with an official licensed gold storage facility that is independently verifiable.
You didn't reply, and then you tell people if they want proof you are not a scammer they should send you money?

Are you fucking kidding me?

Markets for GTC opened up:
https://www.swaphole.com/#!market/GTC/BTC (https://www.swaphole.com/#!market/GTC/BTC)
https://www.swaphole.com/#!market/GTC/LTC (https://www.swaphole.com/#!market/GTC/LTC)
https://www.swaphole.com/#!market/GTC/DOGE (https://www.swaphole.com/#!market/GTC/DOGE)

Trailing Stop - 2FA - Fast Support

Follow us on twitter: https://twitter.com/SwapHole

Get yourself a real, trustworthy certificate that can prove you're registered for legit distribution.

Right now you're asking 1 BTC for 2.000 GTC for investment. Your exchange gives you about 5 grams of gold for that, worth about 0.5 BTC. So obviously no one is ever going to exchange the coins for gold, until the point your coin starts dying and hits the gold value. That's the point you guys will disappear together with the gold exchange, right? Hard to believe you will be sending gold when the coin starts dying. Unless you can prove, by an official contract, that you will keep the exchange without a price change for an X amount of time, but that will never happen.

Clever though, you got inspired by the current bank system i suppose ? Giving people money you don't actually have in the valve, and in crisis time when the people want actual, paper money instead of numbers on their bank account, you go bankrupt and leave the people with nothing. Too transparant scam if you ask me.

So...dev doesn't respond to ANY of the questions/problems identified?

They might talk to you on their website which has live chat. If you do let us know what they say. Thanks

when i click for new wallet it downloads a readme, same on website

So you forked the chain?!
As devs you need to give a heads up and specify from what block the fork is going to occur, this is not professional.

I'm going to get flooded with angry mails when I update the pool.

Why am I gona be pissed at you seeing as Im mining on your pool

Maybe because all blocks mined after the fork wont be valid on the new fork, thus no pay.

Relaunch announcement in 5...4...3...

Again sorry guys, for this inconvenience please mind that early miners are in fact more lucky than the opposite, as the block reward rate was incorrent you miners were mining 10 times more than supposed to

No relaunch planned just fixing incorrect data imput. Was our mistake sorry

No problem  ;D

May I ask from which block the fork occurred?

gtc.altmine.net (http://gtc.altmine.net) has been updated. The new block value starts at 1150.

SwapHole.com updated:

https://www.swaphole.com/#!market/GTC/BTC (https://www.swaphole.com/#!market/GTC/BTC)

Block 1150

gtc.coinardia will be updated?

i think is it allready updated, they were doing something with deamon minutes ago and i think its allready on new one

http://guarantcoin.com/outside/25.4.png

If you wanna be sure, hit HELP-DEBUG and to console type "getinfo"

You should see protocolversion" : 70003, if it's -02 Update now (http://guarantcoin.com/miners/)

It's done, payments should be flying out now.

EDIT: Both nodes are updated

good coin, count me in

Btw, we need more pools, gtc.coinardia.com has well over 51%, it's closer to 90%. We could close registrations but that wouldn't be fair to new miners until we have more pools.

Thank God for the mistake...
I'll mine some coins with my 145Kh/s  ;D

I know, do you know about someone who can help me with setting up MPOS pool for GTC?
I send you private message. GTC have to be decentralized.

If you want to get on Bittrex, they tweeted this earlier:


So, tweet @BittrexExchange to please add @GuarantCoin to their exchange. Just once, don't spam them.

Chat started on 25 Apr 2014, 06:19 PM (GMT+0)


(06:19:47) *** Dev team member joined the chat ***
(06:19:47) *** Visitor 56184803 joined the chat ***
(06:19:49) Dev team member: Hello, how can I help you?
(06:30:24) Dev team member: Fo
(06:30:26) Visitor 56184803: Is the gold already in stock to back this?
(06:30:49) Dev team member: Yes it is.
(06:31:35) Visitor 56184803: How many Kilos?
(06:31:56) Dev team member: 50 Kg in safe deposit
(06:32:24) Visitor 56184803: so how on earth are the devs going to profot from this?
(06:32:29) Visitor 56184803: profit*
(06:32:39) Dev team member: Yeah :)
(06:33:34) Dev team member: We would like to sell IPO to get back money from investment to gold.
(06:34:59) Dev team member: We would like to have revolution coin :)
(06:35:13) Dev team member: We were working on for months...
(06:35:36) Visitor 56184803: The maths dont make sense
(06:36:05) Dev team member: Boss...
(06:36:11) Dev team member: normal :D
(06:36:31) Dev team member: We fixed it.
(06:36:57) Dev team member: From block 1150 will be value of one block only 10 GTCs.
(06:37:21) Dev team member: 10 times less
(06:37:51) Dev team member: Now is great time to buy some guarantcoins.
(06:38:18) Visitor 56184803: You do realise it is hard to believe you guys have 50kilo of gold man.. If it was legit therewould be proof available
(06:38:48) Visitor 56184803: 50 kilogams is more than some poor countries
(06:40:28) Dev team member: You can mine 4200 GTCs and exchange it right now, or you can mine it, it is up to you ;)
(06:40:39) Dev team member: *buy it - sorry
(06:42:01) Dev team member: I could take picture of gold, but bank will be open on Monday :/
(06:42:06) Visitor 56184803: Well there is no proof where there should be, this blind faith doesn't bide well with me personally
(06:42:39) Visitor 56184803: I think that would help the coin if you did that. if this is legit then the forum should be heaps more active withthis ANN
(06:43:11) Dev team member: Thanks for your ideas.
(06:43:30) Visitor 56184803: anyway apart from that, how are you going to profit from this? You cant just be giving away so much gold for no returns
(06:44:05) Dev team member: Returns is that we are selling IPO.
(06:44:34) Visitor 56184803: and that would more than cover the 50 kilos?? come on
(06:45:17) Dev team member: yes we get about 5%... because btc price isn't stable :/
(06:46:03) Visitor 56184803: 50 kilos in 10 gram purchases , would cost a heap.. who is the rich dude behind this?
(06:46:42) Visitor 56184803: The IPO stated 1 btc = 2 gtc coins..
(06:47:20) Dev team member: Dude is the 119th richest man.
(06:47:39) Dev team member: I can't say name. Sory.
(06:48:09) Visitor 56184803: ok thankyou for your time
(06:48:19) Dev team member: Good bay!
(06:48:57) *** Visitor 56184803 left the chat ***

What do you guys make of this? Would proof of gold ownership help this coin go big? Does the math work out... 50 kilos of gold is hard to wrap your head around amongst all these scamcoins etc..please discuss

If gold is verified and someone can prove that they exchanged GTC for gold...yeah shit would get unreal.

But the mining time to get 4200 coins with this 10 coins per block ANN :/

Yeah my 250 kh/s isn't exactly making it rain...haha

First this is crowdfunding project, the gold is to be secured first
by no other means, but from IPO/backers first.
The whole model is built around this from the start it's obvious.
I will take a session with our team and try to come up with something, that
would increase our credibility and trust. Meanwhile please consider that there
could be some projects left, that isn't nothing more than a scam.

Just curious, has anyone been able to successfully send a coin off their wallet to an exchange? I did the usual test with 1 coin thing on both exchanges, after I updated wallet, no go on both. Just poofed into the ether.

We forked couple hours ago to fix some things, the said exchange probably is not on right one yet

I will try it. But I am waiting for cryptsy anyway.  ;D

WTS 1k GuarantCoins

hang on

It'll be really interesting to see the network hashrate after the reward drops by 90 percent.

Drop is expected but once the coin raise on exchanges and integrate some planned services rate will go up

Nice logo.

The exchanges said they were on the new wallet so. Is there a further issue?

Nothing that we are aware of, everything should be fine. If we'll get some other info. Will let you know

can this be solo mine and at what diff is it now? thanks

Can anyone enlighten me What 4200 gtc exchanges to what amount of gold.
And the change from 100 to 10 how is that explained ?

is there a new wallet for the new fork? the last 2 auto payouts from us.coinardia.com haven't made it to my wallet.   it's been 8-9 hours for the 1st, and 3-4 hours for the 2nd payout.


Update:  i downloaded and compiled new wallet source from github, and my wallet is now updating properly.

maybe put an "updated wallet notice" on the first post?

Earning absolutely fuck all now. Wot kind of fuckery is this?

Am I blind or where on page 1 does it say that the block reward will go down ?

+ Pls. correct page 1 w/ wallet update, your wallet is not working.

I will ask you to, in case dev is out;
Am I blind or where on page 1 does it say that the block reward will go down ?
(pretty important info for a miner, no?)

Solo mine.. no. Difficulty is 7 for now. You can mine in pool or buy IPO or wait for lower difficulty. ;D

Wts 2.6k coins for sale

First you say to another member you already have 50kg gold, now you have no gold and it will be bought with IPO funds.
 ::)

Regardless, there is a key flaw with this model.
Assuming that you are buying a certain amount of gold with the IPO funds, and then guaranteeing a value for ALL coins based on that IPO amount, the initial investors are the only ones who lose out. The miners get coins that are guaranteed at a certain rate, but the investors coins are only guaranteed at a rate several times lower than their initial investment.

I cant install the windows wallet, always get message the windows wallet is invalid help ?

WTS 487 GTC for 0.487 BTC

Coinardia concurs  ;D

So does that big grin mean your cutting your fees and giving a 1GTC per block for blockfinders aswell?

We will cut the fees down 0% as usual but first we need to distribute the hashing power among the pools, gtcpool needs more miners and their low fees compared to ours should give the incentive for miners to join gtcpool.

this is the dumbest coin ive ever seen

people sure fall for dumb shit nowadays

And you are who?

Any takers, guarantcoin ?
My download always stuck @ 4 mb instead of 21 mb

WTS 500 GTC

then:


Do I really have to spell this out for you people?
What the fuck are you doing!?
I'm getting sick and tired of having to point this shit out because everyone else is too fucking oblivious to say anything ><

Outta this world..

I am not saying this is no scam, but the dev states right in that text that the IPO covers the cost of the gold, so in a sense it is backed by the IPO. The gold being in stock doesn't mean there is no reimbursement for it. I am not sure what if anything that this post proves.

Has anyone sent coin off yet to receive some gold?

I think this coin is a big fail.
The windows download cant even complete  >:(.

Clearly a pump n dump coin. Wasted 24 hours mining this POS.

Hi guys.

I've set up a test pool with NOMP for GuarantCoin, check it out here:

http://mmostories.com

You can also mine Giarcoin and GlobalDenomination there and we will enable multi-coin auto switch for Scrypt-N in a few weeks. You only need your GuarantCoin address as username, no need to register:
http://mmostories.com

Fees are 0.9% while in testing, please, PM me or post here if you start using it, test, comments, whatever...

It looks like an excellent coin, I feel calm before the storm  ;) Also, I joined and sent to BTC IPO, I'm looking forward to my GTC will be sent, I hope it will be soon :)
I have a nice cold feeling that today I have made ​​himself rich future :)
Good luck to all!  :P

Selling 5k of that coin  for 1.5 btc

pm me if intrested

WTS 1200 for .2 btc.  on Europex exchange.  It takes 4200 coins to get the 10 gram bars of gold worth 428.11 each.


1200 of 4200 = 0.2857142857142857% of the coin needed to get 10 grams of gold

10 grams of gold = $428.11

0.2857142857142857 times 428.11 = $122.32

So you get 122.32 dollars of coin for the amazingly low price of $91.25.

People are stupid...  8)

added

0.9 Fee... :/ 0 fee is much better

Exchange it for gold and tell us how it worked for you  8)

i can exchange but for 3k of guarantcoin. for 4.2k it is unprofitable for me at all

may I ask how many KHS you guys have and how many GTC you hold?

What is KHS?  New coin?   ???
I cannot new coin!! GTC is death? Scam, you fucking me... !!! I buy IPO for 3BTC! And now is death?

Nothing is dead and KHS means kilohashes, your encryption power

I have in my wallet 4800GTC but I am not sure whether I exchanged for BTC or not and for now i have rented 6 Mhash. When you will come to the bigger exchange?

KHs = Kilo hashes per second = Kh/s ... 1000 Kh/s = 1 Mh/s ... What are you doing on bitcointalk.org if dont know what is it kh/s ?  ???   ;D

We will get on larger exchanges when the time comes. There are many exchanges that are ransoming us for gettin listed, but this should and will never happen.

I am aware that GTC it not very much known yet and people think of scam etc. What you guys think we should do to improve credibility?

ops SRY i was afraid coin is death. Im stupid.

I dont know i mean you are credibility ... transparent web ... online support v.2 :) .... at first sight a strong development team and if you ever find some of that bug ... they relase new version a few hours after find a bug ... anyone can make a mistake but all mistakes can be corrected :) .. can not think of a way to increase your credibility ... maybe increase the number of pools or investment in addition to the currency exchange .


Good luck guarantcoin :)

you are not stupid man, obviously you are not much into mining, so

yeah It's always harder to get a train movin, but we are convinced, that our model would work. Not many coins backed by real value today- Not even fiat, not even cryptos. We wanna change that.

I know what is kh/s :) im stupid :)) I have on the table drinks, my mistake.

And when will mintpal or cryptsy? I want to be richer. :)

We are thinking about other ways how to improve our credibility for the community. Worst thing is, that we realy don't want to scam anyone. We just need to prove it to you guys

We will do everything in our power to get listed on exchanges

Bitcoin should've gone this route to be backed up by gold. It does increase and decrease in value as well.

Backing the currency by a real value is imho the right way to do it. It just works

Yup, That's how the US Dollar rolled. Until The Federal Reserve took over.. Like JFK silver currency.

Just before the gold, the currencies were backed by grain. after- it became gold itself (gold coins) the US dollars were classic gold standard model, ONE third of it was backed by gold

Well said.

I'd mine this gold if I had a bigger rig. I'd only be pushing 280KH/s @ N-Factor..

Good Luck with the coin bud!

thanks man, call me a dreamer, but GTC could be the missing piece between BTC and massive public acceptance, who knows

Only time will tell :)

Best of luck to ya! Namaste.

Something about golden age is here United States off gold standard (http://www.history.com/this-day-in-history/fdr-takes-united-states-off-gold-standard) a short video there too. Have it started the big crisis?

did you see our promo-video? https://www.youtube.com/watch?v=9yspHDkRt3k (https://www.youtube.com/watch?v=9yspHDkRt3k)

Seeing the earlier posted chat log of one of the devs the first thing you now have to do is go to the bank and take a photo of the gold.
Keep your promises to earn trust.

Besides that imo it is not very professional to say things like "117th richest man is involved".
Either you are clearly stating who is behind it or you just dont say anything.

Anyways provide a picture of the gold. Its monday. Bank is open.
No picture, real proof or professional statement and I am out. Sorry

Ultimately, until people see PROOF of the existence of the gold and PROOF of the ability to obtain it, no one is going to take this seriously.

However, if you do that, this coin will blow up.

Pretty much your choice. This coin will end up in the dustbin otherwise. If you're trying to scam us, you didn't really do a very good job doing it.

I can post a picture of a dog chasing a car on the moon.  It doesn't make it real.  You need to do what they did back in the 70's to prove there was gold in fort knox.  They let people in to verify the gold was there.  You need to get an independent third party who people can trust in to verify the gold exists.  You also need to do the same in verifying you can trade 4200 coin for 10 grams of gold.  Until there is proof that there is gold backing this coin no one will believe it.

Everyone know, that the chat is like total nonsence right?
It was a guy, that voluntarily /small gtc bounty/ helped us with the live support, showed up, he must be mentally ill and was fired right away.
117 richest man, realy? Cmon..
Guys the gold has to be indeed secured first. It will be secured by the backers. Of course we would like to prove you we are not a scam.
A little trust would not be bad either, we have not scammed anyone.

Good idea, I think, but on the other hand, is it possible?

So what's up in the world of GuarantCoin? Some bad shrimps got the best of me so I been out of the loop for a day.

Glad you'r okay food poisoning can be a little discomfort i see. Anyway We are now negotiating with one major exchange, so If everything goes right, there could be some great news soon

I like the idea of this coin. But I see it a little dead ... any plans?

Yeah we have many, we are negotiating some huge exchanges now! We are about to announce a big GTC contest and other cool stuff. Prepare for a huge breakthrough

Yes, what I've read here they need to gain more trust from people but it won't be overnight. Further promo, even more pool hashrate along with higher diff might help them to achieve higher rate before hit some larger exchange market.

At the time no one technique you can ever convince safely.

1) foto - take a picture as I fly over the sea.
2) movie - how to make a film I'm flying over the desert
3) The third party - who? USA president, Russian president. Everybody lies, do not trust anyone.
4) any official documents defined? - A want is not a problem. : D

When you show us the gold on the webcam as well there is no certainty that they send it to us.
Gold is not important, important is the exchange market.

We are preparing a bounty now. You will get a chance to get yourself a bunch of guarantcoins

This is wonderful, to back the coin with real value "Gold". I see no reason for it not to become the top coin far exceeding BTC (which is not really backed by anything). Only possible problem would be not able to convincingly show that it actually is backed by Gold.
You got the greatest idea. Best of luck!

We think so too. Thank you.

I can see what you mean. I suppose I interpreted "secure" as recouping the investment costs, not purchasing the gold. Otherwise it would seem to be two conflicting stories. I suppose someone could be so stupid as to tell opposite stories. Sure, anything is possible. I for one have not placed anything into the ipo. I mined a few hundred coins and I will leave it at that.

As we said earlier, the guy that pooped this nonsense was only a livechat support volunteer, he claimed like total bollocks. Noone knows why but he did, simple as that. Nothing was true obviously.

So if you are like repost this mess all over again and everytime, this makes you, well add whatever you like, for the record:

now this is something i HAVE to jump on! srsly!!! ;D

i would like to change my coins into real gold. where i can do it?

Have you taken the photo of the 50kg of gold yet?

Difficulty only 0.49065263. Great!  ;D

Dev, any news?

Gtcpool.com will be closed?

Which pool?

They are working on some features on gtcpool.com , Should be running soon

Diff is down, good news for people that wanna mine it.

Soon there will be some great news. I suppose mid next week.

Should I leave my rig's connected to your gtcpool.com or change it to the other one?

You can check GuarantCoin at CryptoPrices

http://crypto-prices.com/GTC (http://crypto-prices.com/GTC)

We hope the price will go up, still very few know about us and we are working on it.

You will get best results with solo mining now because diff is low besides solo is more fun :)

Hey Guarantcoin team- i would like to exchange my coin into gold. Is there a way to do it? or u just scamming around ?
That would help u a lot if people would see that i got gold from exchanging coins

Block Explorer is off  :-\

I have messaged them a few times to swap for gold and no response. Dunno wot they are playing at

I don't know  :( Nice currency...
_______________________________________________________________________________ _______________

I will make some small giveaway  ;) everybody send me your guarantcoin address and I will send you some GTCs.

Firstly... I don't know why I'm replying to a sockpuppet but i want to point out that this is ridiculous and absurd.

Yes, a coin backed by some anonymous dude who promises not to run off with your gold (GTC) is totally going to become adopted by more people than a currency that requires no trust in third parties or reliance on shadow men (bitcoin).

If you couldn't tell that was sarcasm. That's never going to happen because the developer of this coin is still a huge weak link.

Also, if the developer is operating in the US he requires regulation and a money-services business licensing.

DO YOU HAVE THIS DEV?

Read this on another gold-backed coin and why it won't work:
http://www.theverge.com/2014/5/6/5685660/do-not-buy-this-gold-backed-bitcoin-minacoin

Furthermore, because the coin has a bottom value, it cannot go up in value. Why?

That's simple, would you pay $20 for a token redeemable for $10 worth of gold?

Of course not, because you're not stupid. You would pay $10, and not a penny more.
When the difficulty of mining gets to a point where it costs more than $10 in electricity to mine $10 of GTC, that will most likely be the end. Because the price can't rise to compensate the miners (because no one will pay it), so no one will mine, and the network will become dead/compromised.



All of that, doesn't even compare to the fact that no matter what happens, you have to trust that this person, this one corruptible human being will have access and control of YOUR MONEY and won't take advantage of that privilege. He's human, anything could happen. He could be in an accident and need surgery, he could lose his job and need money to pay his rent, he could become addicted to crystal meth, or maybe he just really feels like taking a nice long vacation.

He will in effect have access to every penny in the network. It will be in his name and he can sell it at any time, legally, and there won't be much you can do to stop him or get your money after the fact.

Guarantcoin you are asking everyone in this community to throw away everything that we have learned about security and safety over the past 4 years with bitcoin and just "trust you".

You make me sick.
People, wake the fuck up.

In this situation one of two things have occured:

• 1. the developer has overlooked the fact that the entire financial system he expects the world to adopt relies on trusting him with large amounts of other peoples money with no legal recourse or oversight.
• 2. the developer has acknowledged this fact and has gone ahead with the plan anyway.

In scenario one the dev is obviously delusional or just plain ignorant of the current state of the industry, and so should not be trusted with running a system of this scale, magnitude or importance.
In scenario two the dev is deceptive and malicious, and so should not be trusted to manage a system of this importance.

It doesn't matter how you pick, it doesn't look good. "Disaster waiting to happen" is probably the most apt headline possible.

Dear Guarantcoin community

Please note that GTC is up for voting on SwissCEX: https://www.swisscex.com/voting

Registered users have 3 votes every hour where as non registered users only obtain 1 vote.

I want to change my GTC to gold. Dev, it's possible or coin is dead?