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witnessing u have to lock up your coins for 3 years to get the max of six percent yuck its only good for the olds school gulden whales and probably devs The Witness rewards are going up 50% which will make the rate 9%, compared to Euro savings interest rate of 0% ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) , if you suck at trading and want more coins for the long terms it's a good way to go.
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I have one account with around 25k and one account with 150k @ 3 years. The 25k account was doing well at the start but the 150k is performing MUCH better in the last 3 months, if I could go back in time I would of created one 175k witness account. The 150k account on some days gets 3 witness rewards. The witness rewards are also going from 20 to 30 per block when Guldens blockchain 2.0 (Phase 4) is released. Bigger is better when it comes to witnesses. Thank you kindly for your response. I like to invest in staking coins, I have $750 000 worth in masternodes, still some in PPC and already purchase Ethereum for staking for next year. PPC don't have anymore development and if witness works well i will like to switch from PPC staking all into witness. Wont cost anything. You might get lucky as a lot of selling pressure and fear in the market. Depending how much you plan on buying it will get sold at 85 sat. The coin needs more long term holders so try get as much as you can.
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I have one account with around 25k and one account with 150k @ 3 years. The 25k account was doing well at the start but the 150k is performing MUCH better in the last 3 months, if I could go back in time I would of created one 175k witness account. The 150k account on some days gets 3 witness rewards. The witness rewards are also going from 20 to 30 per block when Guldens blockchain 2.0 (Phase 4) is released. Bigger is better when it comes to witnesses.
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There was 2 complaints from miners from China that they don't have any place to sell Gulden as it's only listed on Bittrex and Nocks which I don't think they have access too. However it's a great coin to mine if you from Europe and especially NL as their is merchants that accept the coin.
It's also one of the few minable coins that are investing in development.
1. Witnessing - complete 2. Linked of your mobile wallets to your desktop wallets. Decentralized linking. Complete. 3. PoW2 - Phase 1-3 complete, phase 4 early next year. 4. SegSig coming next month which is 58% saving on all blockchain transactions. SegWit was around 30%.
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i dont have much faith in "CPU coins", tho the medium article SOUNDS like they want to be able to change it as much as needed, like XMR most of them have private GPU miners within 24 hours tho, and public ones within a few days : / FPGAs come within 30 days after that or less if the algo is worth it Ill take a look into this, but i doubt it will bring CPU mining back for long, the best implementation was imo zcoin,before mtp they did a 1:1 cost thing on cpu/gpu and did it pretty well
Looks to be holding strong as a CPU algorithm. No signs of GPU mining yet.
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I cannot use any of the existing exchanges to buy coins as my country is not allowed, is someone willing to sell me 800 000 coins with escrow service, i am worried the price goes up before I can try get this coin on a exchange I can use.
Have you tried using a VPN for UK/Europe and sign up to Bittrex?
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From slack announcement.
New reward is not 120 but 110. 50 miner, 20 witness and 40 Dev. They had problem with changing witness reward but good news is reward only went up 10%.
Rijks checklist for new rewards. 1. Bad for traders. Increase block reward. Check 2. Bad for miners. Decrease mining reward. Check 3. Bad for witness. Forget to change witness to 30. Check 4. Good for me. Give me 40 coins per block. Check. Rijk is not receiving the 40 nlg directly. It is going to a address that the community appointed GAB members have control of. I would of sold long ago if the funds were planned to go to Rijk. Most of the funding will go to Malcolm and the other developers and if the price goes higher they have promised marketing. Other developers can also develop for Gulden or create valuable services for Gulden and get funding.
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SIGMA is going live at 4pm today in the Netherlands. GMT +2. Only 6 more hours and 11500 more coins for the mining pools before mining is taken over by ordinary citizens like early days of bitcoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Sigma in 6 days, Dump pool days almost over.
What do you mean by this ? There will be no dump Gulden is now a very profitable coin to mine with Scrypt by miningpools. So almost all those coins are dumped on the market daily. In 5 days Gulden will dump Scrypt and adopt a newly developed solo mining algorithm. This will most certainly stop the flow of coins dumped on the market, since individuals mining are more likely to keep the coins to sell them later for better price and partly also they will be put into witness deposito’s not coming to market for years. So this mining algo change could be the best happening to Gulden price for years. Whatever block sigma starts at you have to add 101 blocks for mining blocks to mature and also add on the amount of confirms Bittrex requires. The last of the multipool dumps could be early hours on thursday morning.
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I'm actually curious to see where it will go with SIGMA and the further development ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Just bought some more, to be honest It does look to be only the pools dumping at this stage when I look at bittrex sales. This coin has larger problems if it can't sustain its price with so few coins mined daily. Digibyte is the almost the same price as this shit and over a million coins a mined a day. Over 12 billion coins mined already and you retards are blaming the scrypt miners. GTFO!! It's called momentum, why would anyone place higher bids or buy the sell orders when they know the pools are dumping a batch of blocks every 1-2 hours. Looking at bittrex I can tell which are the pool sales. Place small bids and you are guaranteed to get coins. 8 days to go and it will be refreshing for the gulden community and users not to have the constant dumps anymore and if the price gets high enough more people will notice the awesome innovative witnessing that Gulden has in place.
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I follow all the scrypt coins news to see what's going on because I currently use various Antminers to mine coins. After gamecredits price fell to under $2 million marketcap, gulden was the only coin providing better revenue for scrypt miners on pools. I was sad and shocked to read that Gulden is changing Algorithms. This can have serious consequences for the Scrypt mining market and as such have already starting selling my miners on various auction sites.
Why didn't the Gulden developers approach the mining community to have dedicated hash and we could of supported the project in our own way. On the exchanges and withholding earnings from the exchanges?
Scrypt miners have killed the goose that lays the golden eggs, because they only interested in getting BTC or LTC rewards to exchange into fiat. Traders don't need to buy coins on the exchanges, they can place buy orders and wait for the pools to dump. The miners should of been more pro active in supporting the coins they were mining instead of expecting an indefinite income. It's too late to convince Gulden developers to stop with SIGMA but you can try salvage the situation with coins like gamecredits.
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Nocks have stop taking direct Gulden payment for merchants. Merchants have to take Euro only option, I was going to buy more coins if price went under 100 but not anymore. Best dump while you can the coin is dead without merchant option. You can pay with Gulden but it dumps the Gulden on traders to get Euro to pay the merchant when before merchants would take direct Gulden. https://twitter.com/nocksapp/status/1177198449399349249Nocks was meant to be Gulden only exchange but have added more coins, this does not make Gulden special. Bram you need to calm down. I spoke to someone close to Nocks and this is a good way forward. Nocks is going to be getting a lot more merchants by offering Euro payments initially from many sources, this will boost the merchant options for Gulden users. When crypto is more mainstream and merchants want direct payments in Gulden it will be provided. Take a chill pill and watch this space.
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CPU only algo, why didn't Rijk do this a long time ago?
When coin go CPU mining? I can get coin onto Chinese exchange after 3 month mining. Great to see Gulden making changes to have the coin more decentralized, the average person on the street will be able to mine Gulden. Good job devs! Earn enough from mining and turn it into witnessing accounts.
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- First they need to survive Bittrex, volumes are low lately.
Gulden is doing enough volume on bittrex. There is 2.5 pages worth of other alts that have less volume.
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When i bought the Gulden in 2016 i had high hopes for this coin. With the crash last year every coin including the gulden went down big time. Plasman always said on slack all other coins are shitcoins there are a scam. I have the same feeling now with the gulden. Stupid me that i did not cash in the end of 2018, i was too greedy. The only one who got rich was plasman....
If a man kicks people out of his slack because he cannot handle even the most basic questions, then he has the mental capacity of a broken condom. A man like that cannot be trusted with the fate of other people's money. You should never invest more then you can afford to lose with investments like crypto. I am gambling on big Dutch business looking at Gulden and some white knights who can promote Rijks development.
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Is this the reason for the coins rank dropping fast on coinmarketcap? Upbit is one of the largest exchanges, why wouldn't they want Gulden to be added?
Maybe ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) The recent rise was widely attributed to GAB. If GAB is just a sock-puppet, I see no prospects for this coin. Rijk Plasman can shout all he wants You can have 10 foundations but if supply rewards are not halving the supply grows too fast. I said Gulden has too much supply for Dutch population but I have to admit the development is very good, if EFL supply with this dev was merged EFL would of competed with litecoin. Rijk Plasman is obviously a brilliant developer judging by the apps and innovation that this coin has. Shouldn't he focus on development and let others handle marketing?
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The board is nothing more then a circle of puppets for Rijk, a member was kicked out the board yesterday by Rijk because he was trying to get the coin added to Upbit exchange.
Then it is as I feared. The shit-like quality of Rijk's leadership will drive this coin into the ground. The message needs to be sent to that man. The market rejects him as a monolithic, Theranos-like leader. He has zero credibility. In the greatest irony, the GAB's rallying cry is: Anderzijds omdat we op de drempel van een nieuw internet staan: waar overheden, techgiganten en traditionele media met wetgeving, censuur en hysterie over "nepnieuws" het vrije internet steeds vaker vijandig verklaren, is decentralisatie en vernieuwing van digitale communicatie-structuren, hun beveiliging en hun betrouwbaarheid een steeds actueler en dringender thema. Ook om te ontkomen aan daadwerkelijke beïnvloeding door trollen, "statelijke actoren" en overige kwaadwillenden, overigens.If it is found or perceived that the GAB is a mere extension of Rijk Plasman's personality, most individuals and merchants who were hurt before will not come anywhere near it. The Dutch are not so naive. Foreigners will not be so stupid as to touch a dead fish the locals refuse to eat. Please share full details or his shill buddies will say this is FUD again Is this the reason for the coins rank dropping fast on coinmarketcap? Upbit is one of the largest exchanges, why wouldn't they want Gulden to be added?
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