It's always better to buy in small chunks, no trader ever got wiser by doing market-buys. I don't see Gulden going up rapidly any time soon.
Pissman was wrong rightHaha, the Gulden fanboys found out the concept of sockpupets  But I was not. This pump proves my point even. It IS a market buy! And where will it end? Below 800 sat again. So the buyer loses. This is just a failed attempt to manipulate the market.  I made a 63% 100k+ profit on it though, tnx again! Try that with witness |
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It's always better to buy in small chunks, no trader ever got wiser by doing market-buys. I don't see Gulden going up rapidly any time soon.
Pissman was wrong Haha, the Gulden fanboys found out the concept of sockpupets But I was not. This pump proves my point even. It IS a market buy! And where will it end? Below 800 sat again. So the buyer loses. This is just a failed attempt to manipulate the market. Pissman was wrong don't expect a coward nappy wetter like mr piss to ever admit he was wrong he can dish the criticism out but can't take it I love you too  |
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It's always better to buy in small chunks, no trader ever got wiser by doing market-buys. I don't see Gulden going up rapidly any time soon.
Pissman was wrong Haha, the Gulden fanboys found out the concept of sockpupets But I was not. This pump proves my point even. It IS a market buy! And where will it end? Below 800 sat again. So the buyer loses. This is just a failed attempt to manipulate the market. |
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If big boys want to pump, they first need to gather some coins to dump.
So in stead of becoming the pure and healthy coin of all coins, Gulden turned into a Pump & Dump coin all the same? Waste of good development I would say. |
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Special thanks to the nut job that just bought my 1150+ sat sell orders |
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The thing is, is just a matter of time until Gulden gets really huge and noticeable, even without the marketing, mouth-to-mouth word spread fast, so buying now while is cheap is a great option, it's so obvious that Gulden will sky rocket again at some point in time, all you have to do is buy and be patient, that's literally all it takes to profit 50x+
People have been saying that for over 4 years now, want to wait another four? Sure I can wait as well, but think about this. Gulden indeed has produced great innovation. Other coins can now adopt that innovation and use their massive marketing budget to get way in front of Gulden again. Look at Tesla, great innovative car, first serious player on the market, no marketing. Company has never produced any profit though and has huge debts. Stock is rapidly dropping. Why? Volkswagen, BMW and Audi are taking over the market before Musk has figured out how to get production to a scale he can make a profit. By the time he is in over his head in Billions of debt and has his production in place, no one is going to buy them anymore because others have adopted his innovation and done production and marketing well. Time to act is NOW! Yesterday on the digibyte telegram group they talked about witnessing, if Jared implements this for digibyte it will take the world by storm with the marketing power he has. He might also mention Gulden developed it and that might help the Gulden price a bit while digibyte becomes a top 10 coin off the backs of the Gulden developers. Is it the Gulden developers against marketing or only Rijk? It's unfair to blame the Gulden developers for inaction on this front until we have proof it is the entire team that is against marketing. The above would also break up the Gulden team if any other coin had to copy and benefit in price, it will mean the leadership has failed the community. I will be pissed at the Gulden leadership, not at the coins who took advantage of the situation to benefit their own communities. Why is Rijk working against the Gulden community when it involved marketing? The "rest of the development team" actually is just Malcolm (I don't take his brother Rits serious enough to be called a developer). Malcolm is a mercenary that does what he is paid to do, he doesn't have an opinion on anything other than coding. So, it's just Rijk indeed that prevents active marketing. Why? Who knows, he was probably bullied by a marketeer when he was a young intern. |
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The thing is, is just a matter of time until Gulden gets really huge and noticeable, even without the marketing, mouth-to-mouth word spread fast, so buying now while is cheap is a great option, it's so obvious that Gulden will sky rocket again at some point in time, all you have to do is buy and be patient, that's literally all it takes to profit 50x+
People have been saying that for over 4 years now, want to wait another four? Sure I can wait as well, but think about this. Gulden indeed has produced great innovation. Other coins can now adopt that innovation and use their massive marketing budget to get way in front of Gulden again. Look at Tesla, great innovative car, first serious player on the market, no marketing. Company has never produced any profit though and has huge debts. Stock is rapidly dropping. Why? Volkswagen, BMW and Audi are taking over the market before Musk has figured out how to get production to a scale he can make a profit. By the time he is in over his head in Billions of debt and has his production in place, no one is going to buy them anymore because others have adopted his innovation and done production and marketing well. Time to act is NOW! |
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... which leaves G 5,760 for the rest of the smaller accounts.
So if Gulden get's to be popular with people and let's say 10,000 accounts get into a 3 year witness program with G 20,000 each.
Every account gets a daily interest of G 0.576. That's G 210.24 a year.
So if witness gets successful, it will result in an average yearly interest of 1.1%!
That calculation is slightly off. Better? |
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RichGhandi we both agree about marketing being necessary but invisible atm.
My statement was about the fears that so many might lock funds that the interest rate is crap. In case that most of the long time followers already locked their funds intended to witness and probably won't just lock tons more while the price rate is dropping.
So the fear of 50% of the whole volume being locked includes extraordinary marketing or am I missing something.
No, you are right. My example was hypothetical. Still, already with current amounts locked in witness a vast decline in expected rates is visible. If Gulden gets more attraction that will only get worse. On the other hand, prices will raise indeed. But that is also why I think people stuck in witness for 3 years already now might get very frustrated knowing they are looking at a possession and not being able to access it. Let's say you have bought 100k Gulden @ 5ct, an investment of € 5,000. You put it in witness for 3 years. Then after a year a huge pump comes in. All of a sudden your investment is worth € 100,000! Unfortunately you can't access it. Then the pump goes over and your investment drops to € 10,000. That's when you realize, you could have gotten an interest of € 90,000 and still keep your Gulden. If only you haden't put it in witness. |
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So if witness gets successful, it will result in an average yearly interest of 0.011%! By the time those 3 years have past banks will probably be giving 0.5% again already.
I think you can even better interests (about 1% for 5 years, guaranteed) at saving depositos already, no need to wait 3 years for banks to increase their savings interest. Sure, one would made now 7%, but that could easily change over time. And like you said, if witnessing becomes more popular be sure that the interest goes down. For the ones who don't get it: If your friend brings a bag of 10 candy balls to school each day and shares it with only you, you each get 5 balls Then 3 others join his friends club and we all end up with 2 balls each. He suddenly becomes popular that way and next day he has 5 more friends. How many balls does everyone get now? Yep, only one each. Same with witnessing. , which makes it more expensive to lock new funds. It also means that the incentive to lock gets lower. Some won't bother if the interest is below 3% with a max lock duration and like this the amount of locked Gulden will find a balance. I don't know where this will be but only an idiot would lock 20k NLG he bought for 20k€ for 3 years with an interest rate of 0.1%. My point: idiots normally don't have 20k€ at hand. And your scenario involves 50% of supply locked.
The Guldens that have gone into witness were already off the market before, because those who are witnessing now have been saving up especially for that.
This also means they have been spending their money buying up Gulden toward the moment witnessing was possible. Now it's Holliday season and they finally can stop buying Gulden and start spending it on beer and burgers again.
This means demand dropped, but supply (all be it 20% less) stays the same from miners.
Do the math.
Dare I add the forbidden M-word? You can have the best damn Hotdog-stand in the World, if you chose to put it in the middle of the dessert, chances are you are going to sell very few. I'd rather have a lesser quality Hotdog, but sell them at the exit of central station. |
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So if witness gets successful, it will result in an average yearly interest of 0.011%! By the time those 3 years have past banks will probably be giving 0.5% again already.
I think you can even better interests (about 1% for 5 years, guaranteed) at saving depositos already, no need to wait 3 years for banks to increase their savings interest. Sure, one would made now 7%, but that could easily change over time. And like you said, if witnessing becomes more popular be sure that the interest goes down. For the ones who don't get it: If your friend brings a bag of 10 candy balls to school each day and shares it with only you, you each get 5 balls Then 3 others join his friends club and we all end up with 2 balls each. He suddenly becomes popular that way and next day he has 5 more friends. How many balls does everyone get now? Yep, only one each. Same with witnessing. |
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The more witness accounts come into place the less revenue it will bring to the majority.
There is only one constant and that's the daily supply of Gulden to come into circulation, namely G 57,600. 20% of that goes to the witness accounts, so that's G 11,520.
Some 100 Whales get roughly half of that, which leaves G 5,760 for the rest of the smaller accounts. So if Gulden get's to be popular with people and let's say 10,000 accounts get into a 3 year witness program with G 20,000 each. Every account gets a daily interest of G 0.576. That's G 210.24 a year.
So if witness gets successful, it will result in an average yearly interest of 0.011%! By the time those 3 years have past banks will probably be giving 0.5% again already.
So for the people that have locked their funds in witness already, lets hope witness doesn't become successful!
Is this a good time to be a whale if I want to invest €20000 or should I wait for the price to drop more while purchasing coins slowly. It's always better to buy in small chunks, no trader ever got wiser by doing market-buys. I don't see Gulden going up rapidly any time soon. |
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The more witness accounts come into place the less revenue it will bring to the majority.
There is only one constant and that's the daily supply of Gulden to come into circulation, namely G 57,600. 20% of that goes to the witness accounts, so that's G 11,520.
Some 100 Whales get roughly half of that, which leaves G 5,760 for the rest of the smaller accounts. So if Gulden get's to be popular with people and let's say 10,000 accounts get into a 3 year witness program with G 20,000 each. Every account gets a daily interest of G 0.576. That's G 210.24 a year.
So if witness gets successful, it will result in an average yearly interest of 0.011%! By the time those 3 years have past banks will probably be giving 0.5% again already.
So for the people that have locked their funds in witness already, lets hope witness doesn't become successful!
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Aaargh! I've been looking for that post as well! TNX! |
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That document doesn't contain an address Jean Luc |
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I'm not blindly following him, the only thing what i like is what Gulden is doing for the future
Remember i have see the first Day of Gulden 😂
Oh sure I remember. Like I also remember you have been kicked out of the community twice (once even before Slack started) for stealing community funds. Yet you still get to stay in the closed ward of the Gulden slack, while everyone that simply asked about the premine has been banned. Think about that for a change and what it says about Rijk's values mr. Bram V. Thats long time a go, and solved for a long time I have talk whit Rijk months a go, and my Story about it That's nice! Maybe he can someday go out back and talk to all those lost souls at the trash ban bin as well? |
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You are mining Gulden and all of a sudden you find out that you are not rewarded anymore...since days...because other miners did switch and you didn’t. So why wait and risk to loose rewards.
It's because the lovely developers only care about their inner circle and won't bother with the peasants outside their bubble. Sorry for the lost hashes mate! A peasant would check up on his miner every few hours ? No, that would be a profit-switching-peasant. Dedicated peasants just look occasionally  |
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You are mining Gulden and all of a sudden you find out that you are not rewarded anymore...since days...because other miners did switch and you didn’t. So why wait and risk to loose rewards.
It's because the lovely developers only care about their inner circle and won't bother with the peasants outside their bubble. Sorry for the lost hashes mate! |
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