I don't agree. This is a fair price with a responsible amount of the pre-mine sold. Why sell more of the pre-mine when you can do it like this and keep a lot left for future projects. 2 million pre-mine with a rising price will surely get us even more exposure and possibilties than if we spend 6 million now to get the same result we can with 4 million. We've had a rate of 179 satoshi for a short time before on Bittrex and Bleutrade and that was without all these merchants we have now or even an iOS wallet to talk about. A 113 or even 130 satoshi does not a logical 'IPO' make. For 0.017BTC you get 10.000 NLG to fund a project that will have so much impact, I don't see why we would change the price of this funding project. And a hefty profit can surely be made.  |
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I am completely OK with this entire thing. Great price and will put us even more on the map, both with traders, miners and merchants and users. Full circle people. Full circle. |
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More MERCHANTS!!!
Would I be correct to say there is 16 places we can now spend Gulden @?
Yes thats correct, you can pay for sandwiches, fries, books, botox, tattoo removal, websites, playing cards, servers and more... 14 that I know of, 9 online and 5 brick-and-mortars. Or did I miss two? Haha. |
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I think I'm going to point my ASIC towards GuldenCoin as soon as I've got it. However, it looks like it may take some time.. (-> Fibonacci).
At that time, please use one of the smaller mining pools. This way we can track the hash distribution better and react when there is an attack on the network. Or if you're mining at more than 50MH/s you could consider mining solo. I hear good things. |
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I am very pleased to announce that Dutch webdesign and SEO company Sliceweb ( http://www.sliceweb.nl) also accepts Guldencoin:  |
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I have some good news today |
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How important is it for NLG to have a iOS wallet? Is it a nice to have or will it bring more business? I know it would be good for the price as not many coins will have it.
More business, increase in price, first scrypt coin to have one in the world meaning more news coverage and more users. Full-fledge, full-service cryptocurrency. As it should be  |
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So we will have some other news today, excluding the 2 updates that will still come this week... it might have to do with a new offline merchant and something your girlfriends and wives would love too apparently.  Awesomesauce! |
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Perhaps another example might help get across my point about support from a copywriter: The price of Sterlingcoin is determined by supply & demand, usability, trading and mining - that should be either usage or just use, not usability.
Cheers
Graham
You can't say that it should be use or usage. Usability actually sums it up because the aim is for people to use the coin, but also describes the friendly nature and the ease it can be used with. - https://en.wikipedia.org/wiki/Usability |
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Did Swisscex fix their bugs by the way? If so, we can go back to trading on there.
I think so but there are still some bots trading over there but that's no problem. Yeah that happens everywhere. As long as the system handles it, it shouldn't pose any problems. |
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Did Swisscex fix their bugs by the way? If so, we can go back to trading on there.
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Easy things first. To see the hashrate division in a certain timespan take a block explorer and it shows you who mined that particular block. Just do this for N blocks and you can calculate which percentage is mined by which wallet. In the original design of bitcoin you had to sustain a 51% for a long time to do harm. With KGW it retargets pretty fast so depending on the algo it can be hours to days. As important your malware and virus scanner warns you something fuzzy is going on as important is it for a coin to get warnings when something with the hashrate division is going on. Thats reactive security. To keep it easy I will skip details as much as possible and some internal things I did not investigate thus do not know the exact functioning. For active security you have to dig in the mining protocol. At a certain moment a lot of hashing is done and when some node finds a block everyone is notified and starts confirming the finding. In the current protocol everyone "forgets" the past and there is no mechanism I know of that keeps track of who mines what. It is taken care of on a block by block basis. If you want to protect a network against concentration you need to know what a certain node submitted in the past. To get that information now you have to load the blockchain. But what if you do keep track of who submits what whitin a certain timespan just in the protocol. With that knowledge you can put a ban on a source for a certain amount of time. or whatever measure you take to slow down things a bit. At that moment this very high hashpower miner is not able to do any work until his ban is expired. If there are people over here with in depth protocol knowledge I would love to discuss this because it save me a lot of investigation. I also can name dozens of problems to address but thats a challenge... Cool stuff, I'm sure Geert Johan is reading this and understanding it all. All kidding aside, I like the fact that we could weed out any possible threats and if need be ban them for a period of time to make sure no attack is launched. It could lead to false bans and might add some negative value to mining NLG if you have large mining-rigs and don't want to get banned for having a large rig (no pun intended), but some necessary evils can't be avoided I suppose. Maybe send Geert Johan a PM, I'm sure he loves to discuss these kinds of things or knows someone that does. |
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By that time its on the moon!moon! lol. Rather in every place in NL in the hands of the people. |
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Dear Buerra, I will ignore the insulting tone you spread. Maybe it's wise to get more information about how crypto currencies work and how YOUR coins are safe. Because you are very active in the merchants area, which is very good and admirable, it would be a bless to realise there is also something as the technical and security side. Whitout proper monitoring we can't garantee the coin is existant tomorrow. And without a coin all your effort seeking merchants is washed down the drain.'At the moment I'm not in the position to create software to monitor the chain. Some people know I'm watching / trading and try to keep this coin healthy and thats enough to say about it.
A lot of people look at the wrong figures my friend, it's about the same as stating that a multimilion company is healty because it's selling multimillions. Selling multimillions is one thing but what matters is whats left after the costs are deducted. So a coin is not healthy when it has a high hashrate, it's healthy when the hasrate is spread amongs as many as possible. A coin is not healthy when the price is steady or rising, nope, it's healthy when there is a constant demand on the buying side.
I didn't mean to be insulting, like I said I appreciate your input. It's just that, even if you don't have time to program something, which is understandable. We all have other things to do as well. But you could mention what you are thinking and what you would make in order to protect it etc. in stead of just saying that it needs protection. That would be way more helpful. That is all Besides, that entire post wasn't aimed at you solely, I apologize if you took it all the wrong way. I'm just saying that there are too many people saying things and not doing things. And yes. Some look at the wrong figures, having a hashrate over 1 GH/s is good but it needs to be spread around a lot more. And we need a constant flow of buyers, but in order to do that we need merchants that accept the coin so people have a reason to buy more and spend it. In stead of just buying it to hold or trade. It's a mixture of things. True that. So again, I apologize if you took it the wrong way, just speaking my mind as you are  |
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Working on a warning/alarm system, but got a bit too little amount of time atm. I started trying out cloud mining (currently adding 60MHs to the network), as a response method to an attack. I also have something else, that feeds back into the guldencoin market. This is not generating much income yet, but I hope it will in the future (no more details on that).
So, things are being done, it just takes time.
Awesome. Thanks Mike |
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He's still active only changed the way the coins are sold. I've put the message out to make people aware again. 1 Ghs is nice if it came from dozens of miners but at this moment I'm not amused with it. The same with the way the coin is traded. The price is pretty stable but I doubt if more than a few people looked at the ask volume. There is only a 1.2 BTC ask and if I look at the serious ask (everything above .50) we only have 1 BTC and thats far from stable.
So we need buyers and they will come when the coin gets exposure - and there is a lot of exposure lately
And we need waaaarning systems and prooootection... It's nice to gaze at the hashrate but thats a useless figure when you are beeing robbed or worse.
The intention of this coin is to be used, so once it hits mainstream it also attracts a lot of muppets that want to take this coin down. So before it hits mainstream we must be prepared and have the protection ready. Right now it like surfing the internet without a proper antivirus, and sure that works ok for a while...
I appreciate your input, but if you want to be helpful. Shout solutions, not just that it needs protection or more trading. As if we don't know that there need to be more trades and more hashes. Getting more people involved is a good way to add hashes and get people to buy and you're right that some things need to improve, but yelling that they need to happen without giving actual ideas to how isn't really helpful. I promote NLG along with buying it on Litebit so people can start of with crypto easy and once they've done more research they'll start trading, but you can't force that on people of course. If everyone on here got his or her ciblings and parents in on it that would ripple as well. My mom was even intruiged and has 5000Guldencoin now and has her wallet set to setgenerate true -1. Our household never turns off the computers At least that's adding something without having to invest too much, as most people can't be bothered to figure out how to mine or how to use it. The best protection is to keep adding hashes in a regular and easy fashion. Inform people to buy NLG and hold them or spend them as they please. Start trading with it on the three available exchanges if they understand how. Let's ask ourselves; why isn't it traded more? What do we don't have that others do? Because terrible coins like HTMLcoin do get traded. But why? Is it really that we're ignored because we have a goal that hasn't been done before? People don't believe it can be done. But the funny part is that in crypto, anyone can make a difference. Just look at that one miner now. So why not make a splash yourself? Add a merchant, add more traders or buyers, add more wallet connections, get more exposure. Whatever you can for the good of the coin. To weed out the suckers that want to destroy this coin. I've written more than 50 pieces of text and press releases for this coin to get both NL and ENG readers to understand what is going on with Guldencoin. To get Guldencoin in the newspaper, in interviews and to get us on TV and radio. I tip news stations with the previous accomplished news of Guldencoin to reference that it's topical and interesting. Stop saying what the coin needs, and start doing something for the coin. Because a lot of you are just sitting back in your seats waiting to get rich, bitch about updates or needing more merchants. Nobody's stopping you from going out there and getting a new merchant or push tips for fixes on Github. Then you'll see how hard it is to convince someone that this is a viable option and that crypto is the future. Then you'll know that the fact that we even have 4 brick-and-mortar merchants and a handful of online merchants is f!#%@^ insanely lucky to begin with. Get off your asses and do work. Thank you. |
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more MHs is added more is the stability of the coin.
I see both Hashrate and simultaneous wallet connections are both up. Coin is growing. That's indeed nice for the future of the coin, and the current stability. However, to let this coin gain in value I think it needs even more marketing. And it needs even more possibilities to spend it. Does anyone some (Dutch) websites that might be interested in accepting GuldenCoin as a payment method? How about Dutch retailers? I've been contacting several merchants, both offline and online. It hasn't been too easy, but I've got some companies lined up willing to give it a go. Hopefully know more soon, but can't promise anything. Can't force companies to accept |
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Is this really happening!?  and the real distibution of hashrate the previous hour... GdDkjtEeKm1r26zhXj6TpHqu3FGDbpHaRg (Mystery dumper) 58% GNDA5MZWcm4AjLtNuEmYpgH8qsxo4vrnY8 (Hardcore) 25% GNh1gofrspXQphYuYewW6GDseQ1fss1GRx: 17% Mystery dumper has a lot of hashing power I'm really curious who he is. But is he still dumping because price is quite stable? I'm not too pleased with this to be honest. We can't see who he or she is unfortunately. Best to keep adding MHs ourselves to avoid any f##!@T!@ around with our coin. |
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Another merchant? Waiting for a merchant in Rotterdam. Maybe go out to a merchant that you'd like to pay at with Guldencoin in Rotterdam and convince them of accepting it! |
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I use criptoe.com or dutchpool.org. Both use the NOMP protocol. Easy to use and mines great. I also have my laptop wallet set to 'setgenerate true 1'. It's the little things |
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