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Gulden price is back to pre halving levels with less development reward. I am not sure where this leaves things if btc and gulden continue to decline? I would like to hear from the whales why the need to force the prices down to extinction level?
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No one can complain in the future that they didn't have a chance to buy Gulden at low prices. Fortune favours the brave, this is the time for the brave.
I am starting to lose faith, the team have another coin and have lost interest in Gulden from my perspective, the traders don't care and high fiving each other for 1 sat profits. For long term holders the situation looks dark and without the reward change last year, Gulden will be dead in the water. Why does Gulden get removed from litebit, bitcoinmeester etc while other coins don't have this problem? Is the crypto industry against Gulden? Are there forces that want to see this coin fail because they don't like the team? The latter would be stupid as the team has another coin, so all they are doing is screwing over the normal Gulden user. |
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pre Novo?
Novo was a new coin created by Rijk to raise more funds for development. In hindsight if they tried lowering the max supply and rewards for Gulden first, it's all that would of been needed to keep development funded. The problem for the main developer Malcolm, is he has to support 2 blockchains and not 1, which will slow development for Gulden. Novo had it's name changed to florin and the one positive is that the supply is so little that it doesn't affect Gulden in a financial way because there is not much to buy. It's more of a time sink. |
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What are the plans for this coin? I am looking at a few low value coins to take a risk on and Gulden was suggested by a friend as a coin that has not lived up to it's potential in terms of price.
I would sum Gulden up as a sad case of unfortunate decisions at unfortunate times. The best news of 2021 has been the max supply change from 1.68 billion to 700 million and reward from 160 to 90 and will halve every 4 years. Gulden is a long term buy for this reason alone at these prices, pre Novo, Gulden had super fast development and lots of innovation that is still ahead of most coins today. A few more exchanges and a bit more exposure and it is one coin that can easily achieve 100x from todays prices in 4-5 years. |
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It's sadge that we have no clarity on the above. It's poor form to keep people in limbo status on what is seemingly a easy decision to make.
Gulden operates uniquely to other coins. Its a hybrid setup with centralised funding for development but Rijk doesn't take responsibility for the coins success or failure outside of development. This is left to the supporters of Gulden to make a success. This is what I read from Rijks previous posts which is good that he is transparent about it. niet stemmers is a political party in the Netherlands, has a similar concept of centralized funding through taxation for no work or responsibility. The Dutch voters didn't like the idea but they were transparent about it. Sounds familiar? Niet stemmers had a good idea because politics was in a poor state 4 years ago. Knowing a thing or two about politics in the Netherlands, any political party that stands for elections needs to pay over 11000 euros to participate. The salary for parliamentarians is about 7500 euros and if you don't attend you won't get paid. Its that simple. I also don't believe Mr Plasman needs the 7500 euros a month to survive when you are well established criminal defense lawyer. |
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Reducing the supply and rewards is not a good idea, it benefits the bagholders. Novo is a good example of what happens when you cut max supply, new buyers have to pay much more for 1 coin.
I would rather Gulden die a slow death then survive by starving supply and making a few rich.
I dont own any Gulden at this present time as I had to sell to fix my car but want to buy again when I get my bonus.
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Don't buy the sell walls, place bids and wait to get in cheaper. The bottom is close and it will remain around 50-60 until next year. Don't rush to buy the sells and enjoy the stability in the market. The down trend has been brutal and the sideways movement will be most welcome.
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Putting money in Gulden / NOVO is similar to purposely dropping your soap in the prison shower.
All comes down to economics, the more money the Gulden community pay towards Novo the less the Gulden community will get out of the developers. Rijk is in charge of the developers as the founder on both projects and he will stipulate how the developers will use the time they have. As a developer myself and I am in a situation where I have 2 managers asking me to do work, the priority has always gone towards the revenue generating work. You give more towards Novo and Novo brings in many buyers, Rijk won't give the time of day to Gulden, it's this simple. I don't have to know him to know how life works. I have thought of a solution that can work for everyone involved. Why don't gulden holders get the option to do a coin swap with Novo and kill the Gulden chain after 3 months, only keep it for users that still need to swap. It makes the most sense because there is 10 billion Novo at 4 Euro each and Gulden is 523 million at 0.006 Euro. For people to swap it won't make a dent in the Novo supply and the developers focus on 1 project. Gulden is a dumping ground for early adopters and the dev rewards is not helping. With Novo the reward is only 0.2, my God can you imagine if Gulden only had 0.2 reward. Price would fly!! This idea should be explored more seriously.IMHO Novo is a copy of Gulden and people witnessing Gulden can witness Novo, mining uses SIGMA. I don't think Rijk will mind sharing part of the 10 billion premine for the coin swap and he absorbs the entire Gulden community into Novo. This is a fair solution because Gulden is getting fucked hard with the rewards where Novo has major unfair advantage with 0.2 reward per block every 5 minutes and compared to Gulden it's 0.1 vs 160 every 2.5 minutes. |
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On this thread people used to pressure the NLG devs for new releases , why has everything become about price.
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With all the negativity why do people still invest in Gulden?
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Block reward up to 160G instead of 120g Guess who takes 50% of the block reward ....  Mouhahahahahahahahahahahahaha just say to this guy to hold-up all the G and end of the story It's true, the dev reward is doubling from 40 to 80. Thought you were trolling, |
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Phase 4 next year?
Either November or early next year according to Malcolm. Good to see this update is almost here. Took it from the dev posts last year. SegSigAdvantages of Segregated Signature – The 58% factor: 1. 58% space saving on all transactions. 2. 58% increased transaction throughput. No block size or frequency changes needed. 3. Combined with our planned project Epoch, users will be able to run Gulden nodes on the most modest hardware well into the future. 4. Overhaul to the transaction script system which allowed us to implement PoW² and SegSig as clean as possible along with other benefits. Post the 2.0 update a technical write up of SegSig will be FYI its taken Ethereum 4 years to implement a full POS solution which is coming next year. Gulden developers are fast and very underrated and under appreciated at these prices. Digibyte has been saving on every block since 2017. Jared is unique in the industry, good developer but also goes out and promotes digibyte with a humble attitude and is respectful to his community. The sat price is the same as Gulden with more then 26 times the supply. The Gulden community is the same with Bart and Malcolm answering questions. Rijk was a problem which the GAB sorted out and he can focus on what he is good at, which is development and ux design. I suspect Rijk is working +16hr days to make Gulden work and doesn't have the patience or time to deal with the community. |
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Gulden Euro price is the price I predicted after increase in rewards. It's safe to start buying these levels.
The dev funding is only temporary, the rewards will be 80 in the future. 50 mining and 30 witness. |
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Earned my first reward Jean.Luc , thanks again for letting me know to keep the wallet open but future accounts I will still go for 220-250k. I will buy slowly over 3 months as I can see it does not take much btc to push the prices high and don't want to indirectly manipulate the market by buying 5 btc worth in small timeframe.
That is smart buying, buying 5btc worth in one go on bittrex would move the price up by 5 times current value and because their is a lot of fear in the market people are willing to give away their Gulden for low prices. |
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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.  thank you friend, i will place a bid in the 80s and be patient. Welcome to the Gulden community, come join us on slack if you have more questions. Don't worry about the negative posts, its only about 1 person but rest of the community is friendly and helpful and this person isn't on the community slack. |
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The Gulden board stated they will review the rewards after awhile and was some heated discussions about it but short term they needed the funding to keep the development going. Most people I speak with can't understand why people are willing to sell coins at these prices but they all say it's because of the reward increase. Is 100 to 110 really a big problem?
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Phase 4 next year?
Either November or early next year according to Malcolm. |
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You only need one influencer that get’s the tech and we are off 🚀🚀.
Phase 4 is the key for GAB to start marketing? |
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