LOOK HARDER!!
...
reality check time guy. Bitcoin works fine and HAS momentum so your new coin is not going to dethrone Bitcoin ! And the extra stuff is just going to give people out there a headache (people deciding which to use) naive or deceitful ? either way your delusional i think. the general public that invested in Bitcoin will appreciate it's simplicity and not superficial features and bloat etc. not trying to be mean or anything and for our own independent Altcoin scene innovation is great.. i commend the efforts but lets be real Bitcoin is in it's own league lol edit: The key in dethroning Bitcoin will be in simplicity NOT a million extra new features. the block chain size problem for example needs to be addressed.. not integrated chat or anon features etc. +1 I think the altcoin delusion is coming to a end once the not needed "innovation" coins have passed. Money is meant to be simple, just the 3rd party stuff around can be made more complex... My wife uses BTC but she looked at XMR and was like WTF?!?! You need to be a fucking huge crypto geek to even consider using some of these coins. XC?!?!? really, 5.5 million coins sitting in a few hands. It won't touch bitcoin. |
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Any coin with extremely high volume at launch is backed by some Altcoin crypto cartels, hoping to get in some new suckers to the altcoin market, if you want to see what a real coin is doing , have a look at Guldencoin - NLG. Leave it to the dutch to do it right!
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Scammers filled their bags, bagholders panicking.
At least this scam had some effort put into it. |
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Hi CoinmarketCap Support.
EFL - Electronic Gulden is including premine in marketcap value. It should be like AUR which only has mined coins included. The premine for EFL is 10 500 000 (50% of total coins) or have the rules changed and coins can say if they have spent Premine?
This would be bad as devs could dump out to themselves and claim premine is on the market.
You are telling something what is not true. Only the EFL premine coins which are in circulation are added up to the total marketcap. They have an influence on the current price per coin. Everyone can buy and sell them now because they are in circulation. So it's more than logical that they are added up to the current marketcap. This will open a can of worms for other premine coins to abuse... the whole reason coinmarketcap changed the system was because it was unfair to coins that didn't use a premine at all. Tomorrow I can create a coin with 90% premine, find a quick and seemingly plausible way to dump them onto the market and boost the marketcap way above how it was entered into the market via decentralized methods. I think coinmarketcap will need to explain the situation going forward so all coins can be on a level playing field otherwise just add the premine like it was before and let people decide what coins they want to back. I have already PM'd Gliss about this and it will be corrected soon. So don't panic, all the other coins values are fine from what I can tell. Israel coin has 90% premine and would be a top 20 coin if the premine was included. It looks to be a mistake that was made for this one. It's really good to see others in the community have picked up on this. I have also pm'd Gliss and offered to post on all coins with a premines ANN to let them know they can do the same thing but will wait for his response to see what will be done here. EFL is now corrected. If someone wants the premine adjusted, the burden will be on them to provide the proper proof and a separate data feed showing the amount released to the public. For example, Ripple provides a feed for amount distributed: https://www.ripplelabs.com/xrp-distribution/Thanks for the update, that is very fair way Gliss.  Respect for running a honest site! |
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Hi CoinmarketCap Support.
EFL - Electronic Gulden is including premine in marketcap value. It should be like AUR which only has mined coins included. The premine for EFL is 10 500 000 (50% of total coins) or have the rules changed and coins can say if they have spent Premine?
This would be bad as devs could dump out to themselves and claim premine is on the market.
EFL is a scam coin, so this isn't surprising they gave coinmarketcap false info. Have you been lying under a rock? The original devs of EFL tried to scam everybody. But they were caught. From that moment some guys from the EFL community took over. They have started the Electronic Gulden Foundation. The efl foundation holds 5 million premine coins. So EFL has made a fresh start. Have a look a the new website >> http://www.e-gulden.orgThis doesn't mean your premine drops by 5 million because the devs stole it and dumped them onto the market. We can't trust coinmarketcaps figures if they allow this and same goes for any other coin that have tried to falsify the premine amount. Also this will create a administrative nightmare for coinmarketcap to update every coins premine amount every time it gets used. |
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Hi CoinmarketCap Support.
EFL - Electronic Gulden is including premine in marketcap value. It should be like AUR which only has mined coins included. The premine for EFL is 10 500 000 (50% of total coins) or have the rules changed and coins can say if they have spent Premine?
This would be bad as devs could dump out to themselves and claim premine is on the market.
You are telling something what is not true. Only the EFL premine coins which are in circulation are added up to the total marketcap. They have an influence on the current price per coin. Everyone can buy and sell them now because they are in circulation. So it's more than logical that they are added up to the current marketcap. This will open a can of worms for other premine coins to abuse... the whole reason coinmarketcap changed the system was because it was unfair to coins that didn't use a premine at all. Tomorrow I can create a coin with 90% premine, find a quick and seemingly plausible way to dump them onto the market and boost the marketcap way above how it was entered into the market via decentralized methods. I think coinmarketcap will need to explain the situation going forward so all coins can be on a level playing field otherwise just add the premine like it was before and let people decide what coins they want to back. |
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Hi CoinmarketCap Support.
EFL - Electronic Gulden is including premine in marketcap value. It should be like AUR which only has mined coins included. The premine for EFL is 10 500 000 (50% of total coins) or have the rules changed and coins can say if they have spent Premine?
This would be bad as devs could dump out to themselves and claim premine is on the market.
EFL is a scam coin, so this isn't surprising they gave coinmarketcap false info. |
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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.
The problem is the over 500 alt coins to chose from and newcomers getting side tracked by the latest Pump and Dump coins. Most are in it for quick returns. I bet the average age of people buying guldencoin is a lot higher then most coins as this coin is going for future value where day traders are looking for current value and most of them know that they need to pull out of those coins when they have made the right profits. This coin will rise when there is constant buy demand because people want to use it, not because of some useless feature that is being over hyped. |
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Just ran my tool over the chain again.
These are the results.
Last 576 blocks (1 day):
1: GNDA5MZWcm4AjLtNuEmYpgH8qsxo4vrnY8: 354005.346000 (61.46%)
2: GdDkjtEeKm1r26zhXj6TpHqu3FGDbpHaRg: 122000.288000 (21.18%)
3: GNh1gofrspXQphYuYewW6GDseQ1fss1GRx: 65000.028000 (11.28%)
4: GMnaaMMV66NHmsEVVfik2tGinMQ8nVG1DA: 16830.107910 (2.92%)
5: GYmHKjS6FgiisN4jdHeWizE6fJzerDeaWE: 8910.102960 (1.55%)
Last 1152 blocks (2 days):
1: GNDA5MZWcm4AjLtNuEmYpgH8qsxo4vrnY8: 558007.950000 (48.44%)
2: GNh1gofrspXQphYuYewW6GDseQ1fss1GRx: 285000.345000 (24.74%)
3: GdDkjtEeKm1r26zhXj6TpHqu3FGDbpHaRg: 238000.549000 (20.66%)
4: GMnaaMMV66NHmsEVVfik2tGinMQ8nVG1DA: 29700.113850 (2.58%)
5: GJQiHxaJgfzwH2UKAnNN9WL9FRZsPgcsSx: 17000.005000 (1.48%)
Last 4032 blocks (7 days):
1: GNDA5MZWcm4AjLtNuEmYpgH8qsxo4vrnY8: 1591013.748201 (39.46%)
2: GdDkjtEeKm1r26zhXj6TpHqu3FGDbpHaRg: 1101024.108200 (27.31%)
3: GNh1gofrspXQphYuYewW6GDseQ1fss1GRx: 865013.380000 (21.45%)
4: GTEU63hXhDtGDWyYikoyrTWHM2sUNBL8xV: 225005.238000 (5.58%)
5: GMnaaMMV66NHmsEVVfik2tGinMQ8nVG1DA: 156420.762399 (3.88%)
Conclusion:
I doubt GND is aiming to attack the coin, this miner has been in the network for a long time and if he/she wanted to perform a 51% attack he/she could have already done so already.
GND is probably dumping coins on the market now and then, but that could be explained because those MH/s don't pay for themselves (ah well, indirectly they do)..
Having said that, it would indeed be better for the network to have a evenly divided hashrate. This will take time, as more miners join the network.
For now I don't see a lot of things we can do. KGW is doing it's work nicely, taking the MH/s waves as they come and go.
Thanks for this post, very imformative. From what I gather GNDA5MZWcm4AjLtNuEmYpgH8qsxo4vrnY8 is adding most of the recent hashrate? I hope miners keep selling coins at these prices for a bit longer, I don't see prices under 100 being around forever, maybe another 2-3 months. if updates continue to happen as fast as they have NLG will have a new bottom of around 150 sat by the end of the year. There will be headwinds on the way up as impatient holders dump out at 120 Sat and bring the price back to 100, if the coin holds 120 for awhile we will see a further price rise to 150. if updates stop coming in or slow down drastically the reverse can happen and NLG bottom could end up being 50-75. Edit: My price prediction for next year is 500 sat + at some point with more volume. |
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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. Some Interesting Facts on Cryptocurrency Traders 1: average age is 20years 2: single male 3:speed trade (looking to make enough to pay rent) The coins with large volume and backed by whales/exchange and part of the crypto cartels. Don't be fooled by a lot of the volume for some coins. Look at CINNI, over 600 page ANN, was trading at 20000 sat with over 500 btc volume a month ago. Today it's dead, less then 1 btc volume and price under 1700 and the original dev team has left. |
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i heard BC will replace LTC..is it true?e
from where you got the information. I'd like to know too - it isn't the first time I've heard people suggesting BC may displace LTC. Maybe someone's wishful thinking, or maybe there's something to it? Confirm. We get this information from Grittenald, International Public Relations. http://www.coinssource.com/blackcoin-china-bittrex-and-more/One of many steps to make BC more acceptable around . Bittrex + BC centric exchange can be interesting testing field. In future if solution will be popular other exchanges may follow to replace LTC or if not to add BC pairs to use blackcoin as arbitrage tool. I think with the current drop in price and volume in blackcoin they might rethink there strategy. LTC price is relatively stable compared to BC. |
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elitecoin added the hidden premine when they did a wallet upgrade.
there was no way to research this.
the only way to protect yourself is so not buy new coins.
frankly i personally will never buy a new altcoin again.
i think the whole gay 'going to da moon' shit is annoying and the tiny little pumps are embarasssing.
i made a mistake buying elitecoin and i lost all my money.
that said i clearly am not 100% responsible. the scammer is reponsible and so is the exchange.
since the exchange wont do anything i am boycotting their asses and warning others to do the same.
there are plenty of other people who feel the exact way after weeks of scams. bittrex has done a pretty good job of hiding the fact they have a $1500 listing fee. if true they are digging a hole deeper and deeper and they will soon be buried in it.
the only ones who respect their current business models are scammers.
Before I invested in my first alt besides btc and ltc I was happy, then I tried the 1st alt that looked decent with a decent name which was iCoin, dev ended up being scammer in the end but it had a good community. I looked at a lot of other coins to this point and I think Blackcoin will be ok and maybe DRK but the rest really have no future. Then I stumbled upon a little gem recently called Guldencoin and will be the last alt I invest in if this one turns out bad... but so far they keep delivering without hype, without PnD , with a independent team that have been on the news last week and say who they are. Watch this one in a year from now. For all those that have been burnt this is the coin that will redeem ur faith (hopefully) |
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My god, how can people point fingers at bittrex who don't take bribes for adding coins to all the other corrupt exchanges.
Check all the shitcoins that payed and botted there way onto mintpal.
All this tells me is Bittrex actually have the infrastructure to add coins where other exchanges don't , also don't get me started on coin creators who are in bed with certain exchanges, the exchanges that add coins based on "shit innovation" but will never have any use besides PnD.
Most newcomers lose money when they come into the alt coin market and when they lose money, they tell there friends and families don't risk it, stick with bitcoin.
Right now there is only a handful of coins I actually trust to be sincere and the latest being NLG.
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Cinni Explorer has following error.
Error!
Can't connect to cinnicoind to get live updates from the p2p network. (Tried connecting to cinnicoind at 127.0.0.1:31813 and failed.)
I am having a hard time telling what your problem actually is. The fact that you said you had 65000 blocks left to sync after using the bootstrap.dat file means you did not use it correctly. You would be nearly up to sync using it. As far as your balance goes, have you a lot of experience using POS wallets? Just asking because a lot of people get confused about what it does to the balances while staking. If the blockchain says your balance is 13507.823669 CINNI than that is your balance. Block explorer is working fine for me: http://cinnichain.info/address/Jav1xpgfFtqrjLE99Lj5C75eHtLkVAMkRfYour problem with spending is you are not up to sync. Thanks for your reply Andy, Alright I see the block explorer is connecting again... Regarding the 65000 blocks left this was for the full resync as using the bootstrap twice before did not solve my issue. The full resync also had the same result. I have now replaced the wallet.dat file and the balance now get reset to 10713, however if you look on the explorer its showing 13507.988025 (which is not right), I tried sending the 10k to mintpal again and still saying that the coins have been spent and transaction failed. It then deducts the 10k from my balance and have to restore the wallet file to get it back. The balance it's showing now seems correct after restoring the wallet but the problem of using the balance in there still exists. Below is the full error message: "Error: The transaction was rejected. This might happen if some of the coins in your wallet were already spent, such as if you used a copy of wallet.dat and coins were spent in the copy but not marked as spent here." Regarding the above error once I had purchased CINNI I sent 2 amounts from Mintpal to my wallet but never ever sent CINNI out. I have sent you a PM of a coin that I know will make it and hopefully return what you have lost on this. |
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I will be holding onto the CINNI I have left, from this point fwd though I will only be investing in BTC and NLG. I think CINNI was just victim to Crypto Cartel abuse and looking back should of started off at a lower price point. I can tell from my experience drifting from LTC to investing in my first other alt iCoin and looking at many other coins that the altcoin scene is 5% true and 95% trying to make as much btc out of false promises as possible.
I hope CINNI makes a turnaround and beats the Odds other "amazing","innovative"...coins fell prey too.
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As of this month I will only be investing in BTC and NLG. I have looked at many other coins and all of them have had devs leave after 2-3months if they lucky... I see something very different with NLG and that is the serious approach it has to making it a real payment method in the Netherlands and not just a pipe dream presented by some scammy dev with the buyin of Crypto Cartels for Pump and dumps.
Between the SO and I you will have 1 BTC support added every month for the next 6 months.
Unless something changes!
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I don't know, I just left it importing and did another work, gone back around 2 hours and it was ok. So no more than 2 hours Thanks it worked like a charm. For some reason now that it's sync'd I am short +-1100 CINNI. Restart a few times if that does not work then just redo the blockchain, if that does not work...  |
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I am done with this altcoin bullshit scene, it's obvious the cartel have left to support the new kid on the block coin. The only coins I will hold is BTC and Guldencoin which is the only altcoin I trust right now.
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@paradigmflux How do you know of this cartel you speak about? Do you have any links or evidence? Any particular names?
I'd rather not paint that big of a target on myself. Most people who read what I posted will realize that it is completely true however. This is true, like others have mentioned the cartel tried to destroy Noblecoin for speaking out about what is occurring in the altcoin market. For any of you that didn't read Rofo's pdf should if it's still made available. Literally the alt coin market is 95% scam. I was told that CINNI was testing grounds for XC and using it to support XC development... although I don't trust the source 100% |
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