I have a question that's not in the FAQ!
How will you convince Henk & Ingrid that EFL is not some digital equivalent of tulip bulbs?
Most people I talk to about BTC seem to draw this conclusion.
If they are willing to use tulips as currency, it shouldn't be to hard to convince them to use crypto! |
|
|
|
Vote Vote Vote! hundreds of guys voting now  We will focus on mintpal.com FAC to the da moon.  Greeting from China Hello, keep up the voting, tell all your Chinese friends to vote too. Everyone just focus on mintpal, we can do this! |
|
|
|
Keep up the voting, we're at 13132, over 2000 votes in just over 2 hours, anther day or so we'll be at the top at this rate. |
|
|
|
A FAQ has been set up since there were still some questions to be answered. We hope this explains everything. Q&AFifty percent of the Electronic Gulden is premined. Why?Fifty precent of the Electronic Gulden will be given away to Dutch households. The main reason for this is to distribute the Electronic Gulden into the Netherlands, as it is a dutch project. By giving away such a significant amount we expect to achieve massive adoption to the coin in the long run. Also, this is a great way to educate the public about cryptocurrencies. It is an incentive for the general population just like the block reward is for miners. I am a Dutch citizen, how can I redeem my share of EFL?This has to be done using our "Verified Proof of Residence" system (e.g., 2 utility bills no more than 3 months old, other charged bills are also allowed). Verification is required so that people are not able to double claim their share of EFL. The system is currently being developed and we will announce it in the near future. Why did you choose for a Proof of Residence system rather than letting people verify themselves making use of their identification card or online identification (DigID)?The main reason for using a Proof of Residence system is privacy. We believe, especially in times we currently live in, that keeping the privacy of people safe is one of the most important factors. The chances for our distribution to work are bigger when using a Proof of Residence system. When is this premined distribution system going live?Currently we are still working on finalizing the verification system. We will make an announcement on the Bitcointalk forums as soon as we have a date set for the distribution system to go live. There are around 7,3 million households in the Netherlands and there are 10.500.000 premined EFL to be distributed to these households, that would mean 1.4 EFL each share right? That's not much.There are around 7,3 million households in the Netherlands. However, this does not mean that 7,3 million households will be able to redeem their share of EFL. We will distribute 25 EFL to each household untill all shares are distributed. We have chosen for a share of 25 EFL, in order to reach and trigger our target audience to claim their EFL. It sounds like quite a job to verify all these households. What's your take on this?We are still living in a early cryptocurrency adaptation stage. Not everyone will redeem their share at the same time. Our team is going to work in different stages in which people will be able to redeem their share of EFL. This means distribution is spread over time and our verification process is more organized. Can you show us where the premined coins currently are? I'd like to trace the distribution.All the premined EFL can be found in this adress: LTxtTPdMYeDhF9rY8GWKiKesGUaJV5qW4u. Currently the Block explorer is not running yet, but we will make sure it is within a few days. That clears a few things up, keep up the good work. |
|
|
|
Note to anybody dumb enough to buy this shit: They are going to distribute the premine to themselves a thousand times and say it was Dutch households requesting the coins. You bagholders are going to give these scammers a nice Christmas. I don't even think it's worth mining since anybody dumb enough to buy country coins is already bagholding country coins.
SCAM
the Dutch households will be able to request their share of coins. This has to be done using our "Verified Proof of Residence" system (e.g., 2 utility bills no more than 3 months old). ( we don't get a utility bill every month u ASSHOLE ! ) read link or read the part below ! http://www.access-nl.org/living-in-the-netherlands/living/gas-and-electricity.aspxBilling and payment ( utility ) Once a year you receive a bill for your energy consumption during that year. This is called annual settlement. Energy costs can be charged two ways: You will receive one annual settlement: it includes both the transportation and usage costs. (Transport costs are costs that are charged for maintaining the gas lines or power cables) You will receive two annual accounts: namely from the supplier and the company's network of gas pipes as well as the power cables maintained (grid) Each month you pay a deposit amount. These amounts are advance payments on your annual statement. Generally, there are two ways to pay your energy bills: Giro An advantage of paying by giro is that you get a good overview of the payments you make. To pay by giro transfer, most vendors charge extra. Direct Debit The merit of paying by direct debit is that you do not have to remember to pay, thus reducing the risk of overdue accounts. Also, many energy suppliers charge less for paying by direct debit. Great. Another shitty SCAM coin.I hope you pieces of shit including AphroditeCoin, Spaincoin and everyone whom knowingly supports a scam just for a quick buck die a horrible death within the next 24 hours. You're making this world a crappy fucking place. You kiss your mother with that mouth? |
|
|
|
ONLY GOD CAN SAVE US LET'S PRAY  Let him alone , he is already in trouble having invested in Jesus Coin. Thanks for the cheap coins everyone  Thank you for buying them at twice what they will be tomorrow. I agree, the DEV even said the muti-pools are raping this coin, they are just dumping for what ever they can get, untill the hard fork this bitch is sinking, i'm gonna wait a few more days before I buy back in. |
|
|
|
|
Please add Electronic Gulden (EFL) Netherlands new coin, it should generate a lot of volume over the next few weeks.
Also add Fair coin (FAC) that will be another one to watch out for.
Cheers.
|
|
|
|
New blog post: Multipool trouble
http://blog.spaincoin.org/2014/03/21/multipool-trouble/
tl;dr: Multipools are hitting us, causing trouble for miners and lowering the coin’s value. The Spaincoin network itself is completely healthy thanks to KGW. We’ll fix this issue completely with a hardfork soon, so multipools will stop hitting us. Are you going o implement DigiByte's mutishield? |
|
|
|
I'm pretty sure giving a large block of coins to the corrupt government means that the people will surely not get them. That's exactly the problem now in Nigeria where the rich and connected have sold off the mineral / oil rights to the country and horde all the wealth without fairly distributing it to the people. We can take that language out about the 419 scams, but taking on NigeriaCoin as a task is a difficult one without addressing the 419 stigma associated with it. We intend for this to truly be a NigeriaCoin which can eventually be adopted by the people and something they can be proud of. Yes, on distribution, we haven't figured it out yet and it's possible that we never will. If someone can actually figure out fair distribution to the Nigerian populace, please contact us. Instead we are going to donate towards Nigerian non-profits and those proceeds and campaigns will be 100% transparent. Any crowdfunded campaign done through a reputable escrow and NGO for the benefit of the Nigerian people will receive developer funds towards their goal. We want a community that cares about Nigeria, not quick pump and dumpers to be mining this coin. On the 47% Coin Distribution Symmetry allocation, yes it's a premine. But, it's never going to hit the market, it will be destroyed via an automated script on an ultra secure private server behind a firewall and NAT. The coins will be destroyed on a regular basis and the burn address will be viewable from the block explorer. There are two benefits from this CDS block. - 0% inflation due to proof of work mining.
- coinmarketcap is forced to calculate marketcap of NGC based on the entirety of the CDS block in addition to new coins, which gives this coin extra visibility.
Obviously there's going to be lots of, "THIS IS A SCAM" talk on this thread, but can only assure you that we are not and that we are going to be fully transparent about all funds. We have a team of about 5 devs working full time on putting together a proper launch with the latest technologies and we will be successful. Skeptics and naysayers need not join, but if you're ready to create something revolutionary together, please join us at launch. We will try to get P2pool ported for launch also, so that could be available soon too, and we will promote the use of P2pools for enhanced decentralization and increased safety for miners. Does the Nigerian government keep track of it's citizens with a National insurance number, social security number or anything of a similar nature? If so you could use that for each citizen to claim? I never said anything about giving the goverment anything. What I ment was does the government have some sort of list of all the citizens? you could use it to distribute the coins fairly. Never give the government anything, especially the Nigerian government, no offense. |
|
|
|
We can take that language out about the 419 scams, but taking on NigeriaCoin as a task is a difficult one without addressing the 419 stigma associated with it. We intend for this to truly be a NigeriaCoin which can eventually be adopted by the people and something they can be proud of. Yes, on distribution, we haven't figured it out yet and it's possible that we never will. If someone can actually figure out fair distribution to the Nigerian populace, please contact us. Instead we are going to donate towards Nigerian non-profits and those proceeds and campaigns will be 100% transparent. Any crowdfunded campaign done through a reputable escrow and NGO for the benefit of the Nigerian people will receive developer funds towards their goal. We want a community that cares about Nigeria, not quick pump and dumpers to be mining this coin. On the 47% Coin Distribution Symmetry allocation, yes it's a premine. But, it's never going to hit the market, it will be destroyed via an automated script on an ultra secure private server behind a firewall and NAT. The coins will be destroyed on a regular basis and the burn address will be viewable from the block explorer. There are two benefits from this CDS block. - 0% inflation due to proof of work mining.
- coinmarketcap is forced to calculate marketcap of NGC based on the entirety of the CDS block in addition to new coins, which gives this coin extra visibility.
Obviously there's going to be lots of, "THIS IS A SCAM" talk on this thread, but can only assure you that we are not and that we are going to be fully transparent about all funds. We have a team of about 5 devs working full time on putting together a proper launch with the latest technologies and we will be successful. Skeptics and naysayers need not join, but if you're ready to create something revolutionary together, please join us at launch. We will try to get P2pool ported for launch also, so that could be available soon too, and we will promote the use of P2pools for enhanced decentralization and increased safety for miners. Does the Nigerian government keep track of it's citizens with a National insurance number, social security number or anything of a similar nature? If so you could use that for each citizen to claim? Then you are going to have to get the word out to your fellow citizens, some sort of media campaign? I'm assuming not everyone has computers, maybe a smartphone app? |
|
|
|
We should be on Mintpal by the end of next week.
Remember, 500 people voting every hour = 2500 votes/hour = 60000 votes/day. Let's keep it up guys!
If all FAC stakeholder voted at least 25 times, we would be way up there! (40k+)
Also, huge thanks to the voters! Great job!
Voted, we are at 11022, I'll keep casting my 5 votes per hour. |
|
|
|
Well, a good way to distribute this would be by using the DIGID that we have here.
Its something you already need to do your taxes for example.
However, you nede to include the goverment in this as far as i know.
Even though i'm not a fan of the guy, you could try to use geert wilders in this.
He's not really fond of the EU
DigID is unfortunately something that can only be utilized by the Dutch government. For sure they will never participate in this. Getting Geert behind this might be good to get a shitload of attention to the coin, Ill give you that, but it will never get the coin accepted by official channels. I'll definitely stop mining if the devs decide to involve that idiot ..... Who is that guy? Geert Wilders is a politician and a man of great controversy (to say the least). Lastly in a victory speech after local elections he claimed to work on getting less Moroccan people in our cities. Other well established politicians have now compared him to Hitler and many people have filed lawsuits against him. I just sum this up to give outsiders an Idea why some Dutch folks in here might have a problem with him... He doesn't sound like the type of person to promote anything. |
|
|
|
Well, a good way to distribute this would be by using the DIGID that we have here.
Its something you already need to do your taxes for example.
However, you nede to include the goverment in this as far as i know.
Even though i'm not a fan of the guy, you could try to use geert wilders in this.
He's not really fond of the EU
DigID is unfortunately something that can only be utilized by the Dutch government. For sure they will never participate in this. Getting Geert behind this might be good to get a shitload of attention to the coin, Ill give you that, but it will never get the coin accepted by official channels. I'll definitely stop mining if the devs decide to involve that idiot ..... Who is that guy? |
|
|
|
|
I actually think that the success of this coin and Spain coin are riding on how well the Icelandic people take to their coin.
I hope it goes well, i'm not just saying that because I want to earn money, i'm saying because we really really need to get out from the control of the central banking system, they are ruining the planet, and they have had a monopoly on the money supply for hundreds of years, and it's time for the to go, cryptos are our only tool that is a direct threat to their system.
I guess time will tell.
|
|
|
|
@ DEV, how are you going to distribute to the population of roughly 17,000,000 people?
Do the Dutch have an ID card, as the Spain coin DEV is using the national ID card and scanning them with smart card readers.
Could you go into detail as to how you intend to do this?
As a strong supporter of Auroracoin and being a Dutchman I obviously had to look at this. I do see some big challenges along the way for this to succeed though. First we are talking 17 Million residents and only 10.5 million distributable coins. This means in case dev's do the miracle of airdropping and verifying all 17 million citizens, they end up with 0,6 gulden each. To give you a frame of reference, that used to buy you half a leaf of bread 20 years ago... I do think however that many Dutchmen are opposed to the Euro and long to get their Gulden back. But to get this right, you need to adept into the frame of reference of the Dutch. And this is why I think this can only work when you drop a couple of billions on them, not half a leaf of bread each. Also the verification is something that simply will not work if the "reward" is only 0.6 Gulden. People are simply not going to go through the trouble of copying or scanning two electrical bills for that small amount. Also verifying this means manual labour. How much work would manually verifying 17 million scans be? I can tell you, it will take 1000 people years if they do it fulltime! Not to mention that most addresses house on average 4 persons. The only way to do this in a fair way (like in Iceland) is to use their social security number (BSN). And this is in no way as transparent and accessible as the Icelandic system! This is why I stick with Auroracoin, 330.000 easily electronically verifiable Icelanders is something that can be done. Also the "reward" to get $ 400+ worth of coins is something people will likely go for. Getting 17 million (fairly wealthy) Dutchmen to proclaim their half leaf of bread is something else! That doesn't mean that I am not in favor of the initiative to create a Dutch Gulden again, I only think it needs to be approached in a different way. I see your point as to the price, it needs to hit a market cap of a few hundred million to be viable for the Dutch to actually want to claim it. We'll have to wait and see what the market cap ends up like. I'd would also say that a fair way of doing distribution is to use the social security number, we'll have to wait on the DEV to see what his plans are. |
|
|
|
Nice one, made me laugh |
|
|
|
how long does it take to arrive to bittrex, 45 confirms on wallet, but still doesnt appear on bittrex.
TY
I have the same problem. Yesterday transfers went superfast, now after three hours still nothing with 362 confirms?!?! i mailed them, no reponse yet, have you got any reponse? I'm not sure why the confirms as so high, but I wouldn't worry about Bittrex, they have proved them to be legit, I'd just though i'd throw that in to ease peoples minds, just in case people were freaking out. |
|
|
|
|
@ DEV, how are you going to distribute to the population of roughly 17,000,000 people?
Do the Dutch have an ID card, as the Spain coin DEV is using the national ID card and scanning them with smart card readers.
Could you go into detail as to how you intend to do this?
|
|
|
|
My price prediction: 1 BTC = 2.20371 EFL That's a very accurate prediction I hope you are right as I just bought 3400, I'd be well happy with 0.01, which I think is very doable |
|
|
|
|
The price is still super cheap, grab them now to make a really nice profit.
|
|
|
|
|
Show Posts
