Those merchants don't get any NLG. They recieve their price in Euro. Customer pays in NLG. Litebit then offers them again to buy. So it is the other way around! That's the way it is. So don't worry about the price. It was dumped by 1 or more persons yesterday to try an attack on the price. Let them do, it is stupid Maybe it was you who dumped out? Thanks for the positive comments! Don't try to get negative here. https://guldencoin.com/business/yes thats what i say they accept nlg and it is converted to euro by litebit and everyone know how we can convert a cryptocurrency to fiat by selling it on exchange thats what litebit doing selling nlg on exchange and paying merchants euro i don't know if you don't understand or "don't want to understand" Supercrypt the main purpose of cryptos is that you are in control of your own money, it doesn't need to sit in a bank and get charged additional fees for transacting. Cryptos have low fees compared to Credit/debit cards. It's one of the reasons why mastercard is trying to put a stop to bitcoin. The thing is for cryptos to ever make a mainstream name for itself it has to have use. 99% of the alts is like, ok so I have these coins now what the fuck do I do with them? Oh yeah I can trade them on the pumps and pray I don't get caught on the dumps. There is no perfect system but hey at least when the NLG price goes down I can still go buy a subway sandwich and get depressed over it with a full stomach instead of holding onto a coin that has absolutely no value besides a trading one. EDIT: I do agree with you that the dev must keep a watch on the latest tech that can benefit the currency, but changing algos is just a fad, a short term fix for coins that have nothing going for them. As you can see every coin is jumping on the POS/Multipool bandwagon now, and there will only be a few winners in that department.
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Really nice to join coin-swap I can do some nice trades there. And now we have some merchants who accept the coin to. We only need a price increase, so next time im in Amsterdam i could buy some snacks with my coins!
I think if the team come out with more updates within the next 2 weeks then we know this is going to be one serious VC. And we most definitely will... Can't wait to show you guys the awesome stuff we have planned for the coming week. I am really happy this week has started to see what you guys have planned.
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No, this is a guy who desprately needs money or wants the price down even if it costs a BTC or so.
I think so. Maybe the dutch bancing sector has hired someone to do this But what a stupid way to act like this.Can't go on for ever, then he is sold out The coin has been range bound for a month at this level, something had to give and it ended up being the sellers being impatient. The buyers are standing on the sidelines, remember that 1 btc sell wall that got eaten up a week ago at about 153-154, the buyers waited until it was low enough before taking it out. There is a lot of btc and NLG that is waiting and ready to snipe out good deals.
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I definately think great things will come up and for sure this coin is serious. This dev team is yet to to meet it's match imo.
Cookie.
This coin is a hidden gem. It just must not stay hidden forever
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Very Cool! Will this be added to the ANN for future reference or should I just browse the guldencoinforum?
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Guldencoin team I have an idea regarding your distribution.
You are currently giving away 100 NLG which caters for 1.5 million citizens, however lets be honest the Dutch population is around 17 million and how many of those people are under 16 and also elderly people that will probably never use the coin.
Have you thought about maybe increasing the reward to 500 or maybe a 1000, lets say you do 1000 then you can also market it as saying the first 150000 thousand people will get 1000 NLG each. The benefit here is that at least 1000 NLG has some value where people will make a effort to get it. Not that it is my business but maybe think about it and maybe the community has some other ideas
The only issue would be people who claimed 100 NLG already, how would they get the 900 remaining to them?
EDIT: Also this will get rid of the distribution funds a lot quicker.
There is a lot more then 1.5 million working class citizens in the Netherlands but I also think if the reward was increased to 1000 it would bring more interest in from the 150k Dutch people that are lucky enough to hear about it, if the price eventually goes to 1000 Satoshi then 100 is good but say 20 000 people claim to dump out into btc, that would be 20mil coins flooding the market. I recommend the team at least bring out more value for the coin like they doing before increasing the rewards that high. 250 or 500 would be safer at this point in time.
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When will Subways be accepting NLG in Rotterdam?
The rise in bitcoin price and holding of NLG price is making those sandwiches cheaper now.
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Lo, holy shit, didn't see this post!
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wow, really good to see the community behind this coin! Btw EFL was confirmed a scam, not sure if you knew.
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Not this shirt for me Bram. Has to be more creative. Can do better yes i now but this is a example Ok, thought so Maybe later on? Think for now it is better to sticker the Euro's to get awareness. When we go for shirts it has to be very creative and goodlooking. Maybe people have some ideas here for that. Good points
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So I take it this list will grow with time??? Man I am loving this coin so much!
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Great Coin! Gread Development! Im totally in and mining this!
+1 also seems like we have a Mexican standoff on bittrex. No direction but that might have to do with the large sell order at 154 That 154 order is not the problem imho, the fact that there is no proper bottom worries me more. another issue is that there has been no media attention given to this coin. EFL was a scam and got loads of attention . This can also been seen as a positive. Maybe they waiting until they have lots more in place before they take it mainstream. Only time will answer that ? but NLG is off to awesome start
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Great Coin! Gread Development! Im totally in and mining this!
+1 also seems like we have a Mexican standoff on bittrex. No direction but that might have to do with the large sell order at 154 You call that a sell wall . I think people are waiting to see if anything else is going to happen with NLG. I think a good price for NLG is around 550.
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Good Morning. Another week and hopefully more news from the Guldencoin team that has passed my expectations already! Off to work to make more money for more Gulden.
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Great video. well made and really clear. Thanks!
When this coin was launched for the first time, I thought it was just a kind of clone of ElectronicGulden. Now, with all these Merchants etcetera, it has certainly passed EFL. Well done!
I couldn't agree more if this was EFL this news would probably be making the New York Times.lol Really impressed, please keep up the great work!!!!!! Also lets support this coin by voting on exchanges and spreading the news to family and friends.
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im buying everything i can i heard it will be worth EURO or more! IS THAT TRUE ? I would say give it a year or 2 and anything is possible, I mean these merchants that are being added aren't these online mickey mouse merchants other coins have. This is serious, hopefully more to come.
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Just something I want to share with you guys... Related to this we will be releasing some cool stuff this weekend. Indeed good news , keep those merchants coming You guys are blowing my mind, really happy I switched to NLG when I did. Also putting in votes on swisscex and mintpal when I can, this coin deserves the best now!
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https://www.mintpal.com/voting Almost top 100 now without any btc being put into buying votes. That is great going imo. Looks like swisscex is allowing botting for there votes, Cryptographic Coin is obviously botting it's way to the top so don't put any btc into those swisscex votes and just keep voting like normal.
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