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I lost close to 80% on this coin when I invested in 2017, any regrets? NO! I learnt a lot from Gulden as my first crypto. Thank fuck I did sell or I would be over 95% loss with todays prices. Most people invested in this coin because of the emotion it stirred up for some of us in the Netherlands which gave this blockchain some value, mainly emotional value. With the new name the emotional value is gone.
Yes, Munt name won't work as no effort is done. Gulden needs less effort to make a success because of the name. Rijk does not like to work and Malcolm announce his leaving no work will be done. After seeing the effort the team at syscoin put in I realized Gulden had zero chance of success. You can't have a premine and expect others to do the work for you. To make it worse Rijk created a 2nd coin when the first coin wasn't getting another effort it needed to succeed.
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Honestly, no one should be surprised. A few years ago I concluded that all the reckless decision made were done on purpose to stop the project from gaining momentum. As seen on this thread Rijk is involved with lawyers and they most likely advised him to make his money not from Guldens success but from raising funds within the community which would have zero ramifications aslong as he distanced himself from responsibility and ownership.
I think most people figured the above out on their own which is why they left like I did.
After investing in syscoin I saw the difference in a coin that wants a successful niche in the market to a coin that was deliberately sucking the money out of its community over a long stretch.
Don't get caught out with the NFT scheme or you deserve to lose your money.
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I am quite bullish on MUNT, the entire supply is only worth 88 bitcoin and the inflation is only 25 coins per block every 2.5 minutes, this dropped from 160 per block in the last 2 years. This is the same block times as litecoin and litecoin has 12.5 coins per block. Munt has far better blockchain innovation compared litecoin and litecoin has a $5.2 billion marketcap.
The main problem for this coin is accessibility for the average person trying to invest in crypto. Why is it difficult for blockhut to plug into the exchange API like many other services to buy coins directly off the exchanges?
I respect Malcolm and Rijk because they keep Munt - Gulden going with all the bad bear markets. A lot of coins I invested in the devs and founders have run off, no matter how bad the price is this team keeps going and gives users more trust. We lost Roels and Patrick skills or they could of helped with blockhut to buy coins direct off bittrex but maybe one day we get more people with those skills. They weren't part of the Gulden team but made a nice service called Nocks. This was the glory days of Gulden. Gulden is in a bear mark since 2017. The last time a bull run was starting along with the other alts the 2nd dev reward announcement was made the community and traders dumped.
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I am also done with the BS, Malcolm respect for the work on Gulden but your founder is a real cunt to block an exchange listing opportunity.
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Gulden should have a dual setup.
A community leader that is knowledgeable and flamboyant and can get out their and promote Gulden as a leader. This leader gets paid a salary from the premine. Rijk remains the leader of development and does not get involved with the community. Only manages development and development is paid monthly by the premine. Premine in a multisig address between 3 people. Community Leader, Rijk and 1 other trusted person in the community.
The third person should have accounting skills and handle administration of all outgoing expenditure that can later be shown to the community.
This removes all the distrust of premine used for other nefarious reasons or Rijk using it for a family trust. 3 people keep a eye on each other.
Lol “community leader”, here this person is going to lead you now. You have to bow now. Why ask for a premine if you don't want a leader?
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Gulden should have a dual setup.
A community leader that is knowledgeable and flamboyant and can get out their and promote Gulden as a leader. This leader gets paid a salary from the premine. Rijk remains the leader of development and does not get involved with the community. Only manages development and development is paid monthly by the premine. Premine in a multisig address between 3 people. Community Leader, Rijk and 1 other trusted person in the community.
The third person should have accounting skills and handle administration of all outgoing expenditure that can later be shown to the community.
This removes all the distrust of premine used for other nefarious reasons or Rijk using it for a family trust. 3 people keep a eye on each other.
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My other legalized scam florin is not working too good . Renaming Gulden and gonna create myself another fat premine with no transparency and when it's finished I will blame the whales. Good plan right?
Read the message on telegram, we have all been scammed. I wasn't 100% sure with Florin but with this I am 100% sure Rijk is a scammer. He sold all his Gulden, he has nothing left to gain personally and needs another premine. Even kort: De nieuwe Gulden Hoeveelheid nader te bepalen, maar belangrijk onderdeel: grote premine. Om de volgende reden: Guldens worden verkocht via Blockhut en de ontvangen euro's worden meteen omgezet naar Bitcoin. Deze Bitcoin wordt decentraal dmv multisig (Stichting oid, nieuwe GAB, enz.) bewaard en is de dekking van Gulden. Waar vroeger de Gulden werd gedekt door goud, wordt de nieuwe Gulden minimaal gedekt door digitaal goud: Bitcoin. Waarbij natuurlijk ook rekening moet worden gehouden met ontwikkelingskosten, maar dat is inmiddels zo inzichtelijk en helder, dat we precies weten wat er nodig is. Iedere koper moet door een KYC proces, waarmee we meteen aan alle toekomstige wetgeving voldoen en ook meteen een "glassnode" site kunnen opzetten, dus geldstromen zijn inzichtelijk en witwassen/fraude wordt voorkomen. Waarbij privacy natuurlijk wel voorop staat, maar nu al is niet aan deze regels te ontkomen, dus beter de boel voor zijn. En we zitten hier ook niet voor fraude, juist niet. De focus is betaalmiddel, maar andere functionaliteiten moeten ook mogelijk zijn in de toekomst. Er moeten snel grote exchanges komen, dat is iets waar ik me wel op wil storten. Een top 20 exchange moet haalbaar zijn als we het samen funden en ik kan ook op zoek naar nieuwe investeerders (er is al interesse). De oude Gulden De oude "Gulden" krijgt een andere naam en blijft gewoon doorgaan en wordt ook gewoon doorontwikkeld, het is tenslotte dezelfde code en ook interessant om die chain als "testchain" te gebruiken. Het lijkt me goed om te focussen op de unieke Witness functionaliteit. Er komt geen swap mogelijkheid oid, want de nieuwe Gulden moet echt waarde krijgen en dat kan niet als we kosteloos gaan swappen. It's all to do with money. Ask Rijk to add a dev reward to Florin and you will see what takes place with the price and he knows this. He was banking on the Gulden dev reward taking care of all costs for both coins while he and a few friends make money off florin. Richpissman and many others have warned the community. Rijk treated the real whales with disrespect when they confronted him and Gulden is left with bagholders that are labelled whales. A whale is well endowed with both sides of the trade, Gulden has no more whales only loyal bagholders. The florin and new Gulden users will have the same treatment given time as Rijk won't look into the mirror and accept some responsibility for the failue of Gulden, until he can self reflect all his projects will fail. Malcolm joining Gulden revealed Rijks true charactor and before Malcolm Rijk was willing to listen as the community was needed, with Malcolm giving Rijk his power the community started to be treated like second class citizens. Outside of crypto this would be considered fraud. My respect for the syscoin developers has gone up 10 fold,that team worked their butts off with a worse name and higher supply and less handouts. This is pathetic.
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Double or triple the Gulden trough reward to pay for development, that Gulden community is mentally trained to take abuse and they will like the idea. imho
That won't be acceptable in 2022 due to the existence of Florin which has taken the time away from Gulden development, I won't be surprised and the Gulden community should not surprised if all the development releases will be for Florin in the near future. Leave Gulden as is , the reward is more then fair for what Gulden is receiving in the last 2 years when Florin was started as Novo!!!!
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Gulden remains strong and will be successful in the long term. Florin is store of value, to hold and see your wealth grow and is the coin I will first invest in if I didn't have Gulden or Florin, but try invest in both.
The main difference for Florin is you can invest and not worry, the new investors will take care of everything for you. They own 45000 coins so they can't expect a person with < 100 coins to make them rich or do work for them. After 8 years with Gulden trying the community driven approach, it's safe to say it has not worked, if it is possible to onbaord serious investors in for Gulden this road should be pursued even if it means giving up some freedom of choice as the community is not able to drive the coin forward. Let people with the financial clout make it happen.
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I thought the florin party would never end. Will give a low supply coin another go when I know the price has settled and stable like it was the first 2 years.
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I clearly got it wrong with Florin, this is Rijks syscoin. I always knew the tech with Gulden was undervalued but Rijk you must have some haters who are deliberately keeping the price of Gulden down. Lots of real shit coins in the with no development team with a lot higher marketcaps.
Rijk have a look at syscoins value, more supply then Gulden and reached $1.3 recently. It can be done.
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Gulden is still the only country coin which is existing and still being developed to this day. I'm pretty sure Gulden will have major traction one day but for now it's up for the whales/community to push the price up
"I will keep my eye on Florin, it's too late to buy at this price and expect any RoI." See you at €800,- It looks to me Florin has run it's course and Gulden is about to do a reversal within the next month or two. I noticed today the first real large buy order was dumped on as the $3 crowd is profit taking. 800 Euro is for the next bull market and I will attend that party as the coin has future price potential. Do you ever check both orderbooks? Florin just hit 125€ and Gulden has no real support all the way to 1 sat. Not sure what reversal you are hoping for but i think the only reversal i see is people switching from NLG to XFL, and leaving all the big bullying whales stranded with their NLG. The orderbook for Florin is not looking stable, I can see the price at 25% of the current value in a month and Gulden up 100% from it's current pricing. The crowd is fickle, they will follow the money and looking at the florin order book it's not going much higher.
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Gulden is still the only country coin which is existing and still being developed to this day. I'm pretty sure Gulden will have major traction one day but for now it's up for the whales/community to push the price up
"I will keep my eye on Florin, it's too late to buy at this price and expect any RoI." See you at €800,- It looks to me Florin has run it's course and Gulden is about to do a reversal within the next month or two. I noticed today the first real large buy order was dumped on as the $3 crowd is profit taking. 800 Euro is for the next bull market and I will attend that party as the coin has future price potential.
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This is good info, thank you Rijk. The btc payments within the wallets was the hands down my favorite thing about Gulden. Keep up the good work!
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From what I can tell Gulden has not taken on any debt risk which many founders end up doing for marketing, to get listings on exchanges and pay for development. This was all raised within the Gulden community with the premine and development reward.
The debt free life , no risk taking life is stable but will slow progress , in the event the financial system has a meltdown due to debt defaults and unmitigated leverage, Gulden will be a safe space in the crypto universe.
The Gulden community is one of the best in crypto, was surprised when Novo was announced more people didn't leave. Novo has had the unfortunate consequence of slowing development for Gulden.
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Has this coin made any new development after the reward change, what is next?
No new development. NFT next? My brother wants to buy a million coins at this price but want to make sure development team still exists and plans for marketing, and is there plans to grow in the Asian market? Gulden is a good bet, the 1.68 billion supply was making it difficult to ever have a good future price but with the max supply cut to 700 million and reward halved and next halving in 3.5 years any positive news will produce better gains. More people with less supply. Gulden can work with a decentralized structure because it has a good base community. I was right about Novo failing, not because I am some genius but because you need someone at the top putting in effort. Low supply coins have less community to carry the weight.
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Gulden price would do well with more exchanges. The reward changes have helped
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I am stuck on sync block 1412634 , must i reinstall?
I was stuck on 99% syncing headers, I have downloaded the latest version and let the blockchain resync from scratch. Go to you Gulden folder in appdata and remove everything except your wallet.dat file. This was the only solution that worked for me. This worked for me and no problems for last 24hrs. New version looks stable. Thanks for help. Latest version of the wallet works for me.
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Volunteers
Sources tell me only Rijk gets the moolah, the rest work for decentralisation. Which of these decentralisation workers will be approaching Bitvavo? I hear Rijk has not contacted bitvavo, time for some low prices until this guy does some work in getting his coin moving. It's not asking much to get your coin listed on an exchange, if they say no then look for another exchange. This is the main reason I did not invest in Novo because from previous posts on here Rijk wants a decentralized solution but that does not work with a low supply coin like Novo. Low supply coins require the founders to do most of the heavy lifting. Gulden is different because it has a stronger community and as a founder you can sit back and wait for others to do the work for you in a decentralized way.
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After doing my own research I am going to start buying 1000 Euro a month and see where this goes. Impressed we have a coin this advanced for the Netherlands.
Gulden is different, it has decentralized funding and a decentralized approach, whoever buys Gulden from blockhut is funding the coins development. The gulden production of the dev reward is centralized. With other coins like syscoin the creators take responsibility for development, marketing, exchange listings, conferences, partnerships etc. With Gulden the community takes on that responsibility except for development. It's the reason why the coins marketcap is lower compared to the competition but also the reason the coin has survived since 2014 where many have failed. It's also the reason I never invested in Novo because it doesn't have enough supply to get the community needed to push the coin forward. With a low supply coin the creators have to do all the work and I know this from a past experience.
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