Gssips of bad spending are simply that, gossips.o
Ok, lets share some facts then: Fact 1:Back in June 2016 the dev promised to do 3,000 hours of development if the community raised 40 BTC in shares. They managed to get there in september 2016. Back then 40 BTC was worth roughly $ 25,000:  You can fact check that the sole dev was prepared to do 3,000 hours of development on a 30h weekly basis back then here: https://bitcointalk.org/index.php?topic=1577392.msg16184342#msg16184342Fact 2:After they reached the 40 BTC goal the dev (Rijk) kept his shares program open. By April 2017 he managed to pull in over 550 BTC, then worth roughly $ 800,000:  They then stated to have spent 160 BTC (roughly $ 230,000 at the time) of that already. That's right, no product yet, but still they spend almost 10 times as much as initially said needed for 2 years fulltime development! Fact 3:Today Rijk sits on a stack of 520 BTC (680 shown last on shares.gulden.com minus 160 used in April). When I pointed this out a couple of weeks ago, he quickly changed the indicator on the site, so it now no more shows the amount of BTC he has cashed in.  Still we know he now has 520BTC in his pocket, worth roughly $ 3,700,000 today! Remember the initial promise? 2 year (3,000 hours, 30h per week) of development for roughly $ 25,000! Remember, this is what they promised to do for $ 25,000 back in July 2016:  Fact 4:Now he has already spend $ 230.000 (10 x the initial price), without any product to show for! Fact 5:He sits on $ 3,700,000 in funds, that's 150 x the initial cost they needed, again no product, no marketing, no real support to the community that gave him those funds! Want to know the real Gossip? That comes from Gulden itself! They keep saying it will come #soon, it will be #massive, it will be #motherofallupdates. Yet no factual product to show for!So, next time you want to point with your finger, remember there are always three out of five pointing back at yourself! |
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Just learned that the Gulden update is one big update, but activates in steps.
https://dev.gulden.com/a-peek-inside-the-development-process/
Phase 1 – Gulden 2.0 will be released, it will function exactly like an upgraded 1.6 at this point with no PoW˛ functionality present yet. Upgraded miners will signal for an upgrade, when 75% of miners are signalling the software will activate phase 2.
(Expected to last at most a week or two – depending on miners)
Phase 2 – A new special backwards compatible transaction script type will become available to upgraded (2.0) users which will allow them to create witnessing addresses. Old (1.6) users will verify these scripts but won’t be able to create or use them.
Once a minimum threshold is reached (200 or more witnessing accounts with a combined weight of 20 million or more) we will enter
Phase 3.
(Expected to last at most a week or two – depending on coin holders)
Phase 3 – PoW˛ witnessing commences, with a few limitations that allow old (1.6) users to remain on the network (no transactions allowed yet in the witness portion of the block for instance). Witnesses and miners will automatically start signalling a percentage of how many upgraded users they are
seeing, when this percentage goes over an average of 95% for a fixed time period we will enter Phase 4.
(We anticipate that this may take several months)
Phase 4 – At this point our backwards incompatible changes trigger, new transaction format/rules activate, PoW˛ witnesses start to include transactions in their portion of the block, witness accounts start to switch over to a new improved backwards incompatible transaction format, new accounts using the old temporary format are no longer allowed, SegSig activates etc. The remaining 5% of 1.6.x users will no longer be able to participate in the network.
Phase 5 – After some time 2.1 will be released, code to support old witness accounts can/will be safely removed with affecting block validation – leaving us with a codebase free of technical debt. Checkpointing can also be safely removed at this point.
+
https://dev.gulden.com/august-development-update/
SEGSIG – JUNE 2017
While working on the optimal way to implement the new address type, it became obvious that many parts of the codebase that need to change to accommodate this are the same parts that are affected by SegWit.
At around about the same time after watching SegWit for some time, it become clear that though the Bitcoin team had still failed to activate SegWit there was now a clear determination to do so and that one way or another SegWit in its current form -will- eventually be activated,
we therefore had to at this point give up hope that the Bitcoin team might develop a better SegWit which makes the sort of changes we were hoping for and instead accept that if we wanted this it would have to be something we do ourselves.
And so the concept of SegSig was born, we were faced with two possible paths forward:
1) Release PoW˛ hardfork as originally planned. (including extensive testing)
Go through the work of having everyone including exchanges and mining pools upgrade to it.
Produce SegSig as a hardfork, which involves changing a lot of the same code as PoW˛
Put our testers through extensive testing once again.
Go through the work of having everyone upgrade for a second time in a short time period.
2) Combine PoW˛ and SegSig together into one release, despite possible delays and release it all at once.
This was not an easy decision, I am not a fan of trying to do too many things in one release as this has the potential to get out of control and normally I would prefer to try and seperate things into multiple small releases. As a developer it would have been easier for me to take option 1.
Yes this is the Mother of all updates SCAMS!All these updates were planned in the first roadmap over a year ago. It required a 30BTC funding from the community (then worth less than $ 30k). Today the DEV (the dictator not actually doing anything substantial, not the South African doing all the underpriced work) sits on a big stack of community funds of over 650 BTC (worth over $ 4 million!!) Yet still, no real product based on the promises made over a year ago are finished. So, I made a minor correction in your post above. You're welcome  |
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Guldens ranking goes down when btc goes up and today it goes down when btc goes down. I believe the coin has hit it's peak for the next few months. Won't post again until next year as this coin is a dead fish.
Talk to you next year April, 08 2014: 0.000400 USD April, 08 2015: 0.001144 USD April, 08 2016: 0.002084 USD April, 08 2017: 0.030600 USD Only reason for the increase is the rise of BTC, not Gulden. If you had bought $ 1000 worth of BTC on April 8 2017 you'd be sitting on 0.85 BTC now, worth over $ 5,500. The same investment in Gulden would be worth $ 2,612 now, that's less than half!! Conclusion? NO Gulden is a bad investment, stick to BTC! |
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Is he controlling or simply navigating the ship?
I mean he created the ship, he is the captain. Is it really bad to have a captain? Should he do like many other and give fake direction or faking navigating?
I'm here since the beginning of Gulden... you tell me what he actually does in the development process... I can't tell. He just came up with the idea and sits on a bag of money... coding is done by others in South Africa. He actually came up with the idea to build a ship. Then he got a bunch of people together to think of a way to build it. Then he gave even more people the idea that if they invested their money in it they could actually participate in the project. Once he made sure he had all the cash safely in his pocket and the ship was ready enough to set sail he kicked everyone off that even thought to be able to discuss the course. He only kept those on board who would blindly do as they are told, because he obviously could not handle the ship all by himself. Every once in a while some of the people on board get restless asking themselves if the ship is going in the right direction. They see the "Captain" avoiding every route they like because he hates to encounter whales. If one of those people dare to put this up for discussion, he get's thrown into the ocean. |
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Serious investors look for long term growth and stability, others like Biomike have been calling for Gulden team to get a company going because when regulation and tax directives start coming AND they will , 99.9% of all the other coins are going to be in serious trouble. Seeing the Gulden.com B.V was more important then the iOS update for me personally. It shows Rijk is most likely already paying taxes.
This puts Gulden in a very strong position.
As for no rich people, I could easily keep the price at 3000sat for the next 5 years but serious investors know not to manipulate a serious project and there is many more like me that feel this way. It needs to grow naturally, Gulden is more then about making quick profits.
@Zonefan, thanks for telling me I'm not a serious investor. ;-) I think most people that time told Rijk to start a foundation, not a B.V. But glad he finally did something that should have been done years ago. It will be interesting to see if the pre-mine is part of the B.V.? A foundation would have ment Rijk had to share control with others. He now has a BV to avoid massive personal losses on tax bills, but still has full control. The BV is owned by a holding and guess who is the sole beneficiary of that? Do I also need to tell you who is the only director in control of it? |
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I do agree on some points but I think Rijk is not turning is back on crypto community but rather protecting is project and keeping developement behind close doors! Which also gets weak hands to dump and true believers do step in and hodl. Of course not every investors is happy with this strategy.
Crypto community and big investors do not get enough visibility or insiders info to step in. Rijk is doing this because he has a long term strategy. He knows that by playing with the whales you lose partly control over your project.
I think big crypto holders know about Gulden but have been waiting on the sidelines or accumulating.
Correction, he needs to have total control over everything! That includes the community, the pre-mine, the websites, the media and hell even who gets to use the men's room. It's his party and everyone has to keep listening to his crying forever. Whales don't like cry babies with narcist dictatorial behavior, that's why Gulden keeps dropping on CMC. |
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You can't expect mass adoption for a wallet that needs hours to sync...
No sh*t! Neither can you expect mass adoption for a wallet that needs years to be finished by a sole dev in South Africa and is kept a secret from that masses by an extremely closed circle of jay-sayers! The coin has 2 South Africans working for them, yet the average IQ in South Africa is 77, Rijk must be paying these slaves $5 out of the $4 million. https://iq-research.info/en/page/average-iq-by-countryPersonally I think that you are stepping the line here. This is not just the usual trolling, but unneeded insulting. You must be wanting cheap Guldens to damn badly that it makes you say these insulting comments. Pretty sad to be honest. See, we can agree on something! No need to insult poor Africans. And I know for a fact that the African DEV is not a slave, but a mercenary (well paid). The true slaves here are the ones that willingly and foolishly donated their hard earned BTC to the Gulden dictator. They are now enslaved in the doctrine of his "logic". |
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Great update, I will test the feature later. Any reason this is another silent update? I am crying inside how good this coin is but fuck me you guys need to be a little less modest about them. What is Gulden.com B.V, is this a new company backing Gulden? Yeah, rock solid company:   $ 4,000,000 community fund. Impressive! LOL, This finally prooves that they are investing the money in development, not in fancy offices and self enrichment. As prommised. Good Go! No, it shows they probably use a shill address from some junk so the people from the community can't bash down the door and Lynch Rijk once they finally figure out he robbed them out of their money. |
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Great update, I will test the feature later. Any reason this is another silent update? I am crying inside how good this coin is but fuck me you guys need to be a little less modest about them. What is Gulden.com B.V, is this a new company backing Gulden? Yeah, rock solid company: $ 4,000,000 community fund. Impressive! |
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Everyone needs to calm down and look at one important fact. Despite Rijk's flaws when it comes to marketing and promoting Gulden, he has continued with it. 99% of the coins ever created have been abandoned long time ago and a lot of coins in this mix included devs getting paid large sum.
Gulden devs will deliver on these projects, lets set aside our differences and work together.
Many have tried, you of all people must know by now it fails every time. Not because people don't want to work with Rijk, but because Rijk refuses to work with others. In the end, Gulden aims to become Betamax, some other coins already use Gulden's improvements together with some good marketing and become VHS. My guess is Rijk won't even finish his development before DVD has become obsolete. So sure, I'm very confident Rijk will produce the best and most user-friendly videorecorder the World has ever seen. It's just a pity it won't be done before everyone has a Netflix account. |
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Nobody wants to bother with any of that stuff. Things have to work and work fast and be an actual benefit over regular banking (if you want to attract more than just a bunch of cryptonerdsfanboys). No crypto is an actual benefit over real banking for regular people at the moment, not even Gulden.
You being salty over not making as much money as you could have is not of the dev's concern. They did not create this coin to make you, myself or any other of the hypocrite f*cks in here, rich fast. They have their own goals with this coin and obviously (as everyone who has ever been on their slack knows) they don't give a single crap about you, your ideas, your investments or your support. They only care about their own BTC wallet and ego.
Created a slightly better context, you're welcome  |
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If I'm correct, marketing will come when the time is right. By then, things will become a lot more interesting.
Everything with Gulden will come when it's done that is why the time will never be right. By the time Rijk thinks it's time to do marketing everyone on the planet is already transferring funds with their thoughts via an implant in their brains!
The way I currently see it, everyone who owns gulden now is an early adopter.
The way I see it, everyone who owns Gulden now has been stupid enough to not sell @ 13k sat or dumb enough to buy the crap above 500 sat. |
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You can't expect mass adoption for a wallet that needs hours to sync...
No sh*t! Neither can you expect mass adoption for a wallet that needs years to be finished by a sole dev in South Africa and is kept a secret from that masses by an extremely closed circle of jay-sayers! |
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Rijk is laughing his ass off now, no one seems to even bother to check where the funds went. No one dares to even mention the words accountability or transparency in their nazi style run slack anymore! They are all afraid to get banned. Also the sense of loss has made them Gulden junkies that eat Rijks shit if he commands them to.
I really miss the daily phishing attempts on the old slack from anonymous users, anonymous users promoting their scam coins on the back of the Gulden user base. The new slack is much better and safer for new users. There were very few phishing attempts in the Gulden slack to begin with. Mainly because it was heavily moderated already. The new slack is not there to be safer for the community, it's there to ensure the community is based entirely on blind followers. Rijk is not interested in keeping his community safe from scammers, he wants (needs) to keep them clear from intelligent thinkers that ask critical questions. That's why he dumped a 5k community to start over with a fanbase of 200 (the ones still blindly pouring their BTC into his "dev"wallet). It's not the first time he did this btw... |
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Yeah, just imagine if you and your friends had have stuck around instead of going to another coin eh? Gulden could be in the top 300 and we could have posters on windy bus stops.
I don't honestly know what motivates you to keep posting in this thread. You're all over the place. First you were complaining about being dragged into the debate, then Gulden is terrible and you wouldn't touch it with a barge pole, then it's good and they're doing things the right way, then it's terrible again.
For a supposed serious guy involved with his own serious project you do seem to spend a lot of time in here bouncing around all over the show. You're like Bi-Polar bear and the up and down Christmas.
You still keep coming back to bash serious zero hour supporters as well. Maybe you made a typo in your username? Shouldn't it be Gulden Hodl? |
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Actually almost no1 here knows this. He and his father created a political party with the logic that people who don't want to vote should vote for them (as a protest vote). It sounded logical addressing xx% of people who don't want to pick a side votes for their party....guess what logic kicked their asses pretty hard and they only got 6K votes nationally. Why am I telling this? Cause he is doing the exact same approach with this project...Logic Thinking that by just putting something out there will make it a succes cause people want to have something different than the current bankingsystem/EURO currency PoW2 will not change this, only communication can save this project Not true, it's based on development. Syscoin, GRS don't do any marketing and have a higher value. PoW2 and SegSig will see this coin hit $200-$300 million marketcap with no marketing. Syscoin and Groestlcoin both have a very dedicated community with open minded dev's. Everyone is welcome there and dev's are happy to embrace any input the community gives them. Gulden had build a community of over 5000 and Rijk just killed that again with a lie about having to open a new heavily moderated and controlled slack by Slack. Now that community is down to fanboys only and no communication is possible for the world outside that closed inner circle... AGAIN! Sweet dreams Gulden sheep  |
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And after the BTC fork, there will be new excuses why people are not interested in NLG, or why NLG won't go to the moon.
What do you think the problem is for this coin to have such low value? Biggest problem is the dev is allergic to marketing and refuses to accept any help on that part. He is also not interested in the price himself since he cashed out 650BTC from his community already. Whales do their due diligence. They know an investment in Gulden is high risk because the dev doesn't give shit about their interests. |
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Meantime Gulden is back at 8ct again, pretty stable the last few weeks, which is remarkable when you consider the BTC storm going on.
Few weeks ago 8ct was the bottom, then 11ct was the average. Last week it seems to have problems to stay at 10ct and is 9ct the average (check CMC). I agree, it looks stable, but there is still a small downtrend (even in Euros). Rijk needs to start impressing the crypto community , leaving us out is not good for the price. It's obvious the "mainstream" is not enough. Rijk only want's to impress his family by showing them he has managed to rip-off over $ 4,000,000 from his community and handing them well paid jobs from that stack. Not that they actually do any work for it, they leave that up to the low priced dev in South Africa. This is also why the updates take 10 times as long as promised. You see, it's in their blood, they also tried to rip off the Dutch voters last year by trying to get a fat allowance in the parliament for actually doing.. NOTHING! Yep, that was their plan, fortunately the Dutch voters were smarter than the blind following Gulden zombies, who dumped their hard earned BTC into his un-regulated wallet. Rijk is laughing his ass off now, no one seems to even bother to check where the funds went. No one dares to even mention the words accountability or transparency in their nazi style run slack anymore! They are all afraid to get banned. Also the sense of loss has made them Gulden junkies that eat Rijks shit if he commands them to. |
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Those who were seen dancing were thought to be insane by those who could not hear the music................ ......a lot of people here do not hear the music People don’t hear the music because Rijk refuses to hire a band. The ones dancing are the fools that mistake the thunder of the storm that’s coming for a drumbeat .. Spot on! Sometimes people don't want to hear the truth because they don't want their illusions destroyed ........ .....and you are in the illusion Grin...... ....you get your food ,and I dont wanna feed you annymore ... Grin To predict the behavior of ordinary people in advance, you only have to assume that they will always try to escape a disagreeable situation with the smallest possible expenditure of intelligence The worst readers are those who behave like plundering troops: they take away a few things they can use, dirty and confound the remainder, and revile the whole Because, unlike the over moderated World Rijk likes to doctrine fanboys like you in, this is the only place where the truth gets to be told without immediate ban. Just because jou have a different context in your manipulated mind, doesn’t mean it’s the true one. Gulden people tend to think they have a monopoly on the truth and have the arrogance to claim their vision is the righteous one. |
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Those who were seen dancing were thought to be insane by those who could not hear the music................ ......a lot of people here do not hear the music People don’t hear the music because Rijk refuses to hire a band. The ones dancing are the fools that mistake the thunder of the storm that’s coming for a drumbeat .. Spot on! |
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