Uninformed people watching uninformed tv program... and nothing of value was lost. i see you're stabilizer software still running smoothly on trex Nope, hasn't been running on NLG for ages. |
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Uninformed people watching uninformed tv program... and nothing of value was lost. |
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Well it doesnt look like a scam but i would read the whitepapers to make sure what the technology is about so you can argue about your statements  Most new people hardly understand the whitepapers and are easily convinced them being correct (and even if they are correct, there is no proof that the group that announced them is the group that wrote it, as I heard that you can buy them for a few bucks). |
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I didn't want to post this in the Gulden Announcement page to avoid bias opinions but wanted to know if Gulden is a safe bet compared to other alt coins. The reason I am asking is I noticed there ranking on coinmarketcap is way below other coins that have nothing going for them or is it that the other alt coins are way over priced?
i think today as all the coins are in red color,same as bitcoin and more altcoins but gulden stands still d having a green flag..so i guess its a good investment for now.but i dont know in long term.better watch out what will happen in the next few months Next few months btc will be < $8000, Gulden will be < 1500 sat. Sitting in $$ is the best thing to do and buy up fast when the developers make the announcement for only PoW2 in June or July. SegSig failure will be a hard lesson for the team but they must learn from their mistakes. All big companies today made mistakes while growing. I think $8k for BTC is way too conservative... last time it "corrected" it went from ~1200 USD to ~230 USD, which took over a year (yes, Cryptos react THAT slow). Consolidation phase took another few months before it found its way back up. Based on the previous corrections I would not be surprised if BTC would go down to $2k, but the thing with these long corrections is that a lot of things could happen in that time. Sitting in cash is indeed a good position for this moment, just wait for the bottom. As for NLG, My guess is that the drop will stop around USD 0.07-0.09, where the previous support is. Disclaimer: this is not financial advice, just my view on things. That drop from 1200 USD to 230 USD was also impacted by MT GOX in more ways then one. MT GOX was behind the surge and it's downfall was the reason for the drop. At that time a lot of people thought bitcoin was MT GOX as they weren't educated about the decentralized nature of bitcoin. The normal rule of thumb is 40-60% drop is a good price to re enter the market after a correction. The above is also my opinion and not to be taken as 100% fact. Sure, MtGox played a role... but IMHO more as reason for it to go down in the first place... the long time for correction can't be attributed to that alone. At the time we also had China government officials FUDing about making bitcoin illegal. That had more of an impact than MtGox. Best advice I can give during this time is use 20% of your funds to buy the dips in the event it does drop another 50% but if does not you are still making profit on that initial investment. If you're in it for short term profits, I agree that's a good strategy. I'll be waiting until the consolidation phase has been reached (wherever that is). Just checked the #Gulden twitter... panic is starting to surface there... more than the "Hallelujah... moon!!!"-posts. Looks like uninformed people are starting to loose money... again. That dip we're seeing could very well be loose hands that were buying massively >0.20EUR. |
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I didn't want to post this in the Gulden Announcement page to avoid bias opinions but wanted to know if Gulden is a safe bet compared to other alt coins. The reason I am asking is I noticed there ranking on coinmarketcap is way below other coins that have nothing going for them or is it that the other alt coins are way over priced?
i think today as all the coins are in red color,same as bitcoin and more altcoins but gulden stands still d having a green flag..so i guess its a good investment for now.but i dont know in long term.better watch out what will happen in the next few months Next few months btc will be < $8000, Gulden will be < 1500 sat. Sitting in $$ is the best thing to do and buy up fast when the developers make the announcement for only PoW2 in June or July. SegSig failure will be a hard lesson for the team but they must learn from their mistakes. All big companies today made mistakes while growing. I think $8k for BTC is way too conservative... last time it "corrected" it went from ~1200 USD to ~230 USD, which took over a year (yes, Cryptos react THAT slow). Consolidation phase took another few months before it found its way back up. Based on the previous corrections I would not be surprised if BTC would go down to $2k, but the thing with these long corrections is that a lot of things could happen in that time. Sitting in cash is indeed a good position for this moment, just wait for the bottom. As for NLG, My guess is that the drop will stop around USD 0.07-0.09, where the previous support is. Disclaimer: this is not financial advice, just my view on things. That drop from 1200 USD to 230 USD was also impacted by MT GOX in more ways then one. MT GOX was behind the surge and it's downfall was the reason for the drop. At that time a lot of people thought bitcoin was MT GOX as they weren't educated about the decentralized nature of bitcoin. The normal rule of thumb is 40-60% drop is a good price to re enter the market after a correction. The above is also my opinion and not to be taken as 100% fact. Sure, MtGox played a role... but IMHO more as reason for it to go down in the first place... the long time for correction can't be attributed to that alone. At the time we also had China government officials FUDing about making bitcoin illegal. That had more of an impact than MtGox. |
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Seems like it, I'll notify the person responsible for it later today. Sorry, as far as I know there is no replacement being set up at the moment. |
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I didn't want to post this in the Gulden Announcement page to avoid bias opinions but wanted to know if Gulden is a safe bet compared to other alt coins. The reason I am asking is I noticed there ranking on coinmarketcap is way below other coins that have nothing going for them or is it that the other alt coins are way over priced?
i think today as all the coins are in red color,same as bitcoin and more altcoins but gulden stands still d having a green flag..so i guess its a good investment for now.but i dont know in long term.better watch out what will happen in the next few months Next few months btc will be < $8000, Gulden will be < 1500 sat. Sitting in $$ is the best thing to do and buy up fast when the developers make the announcement for only PoW2 in June or July. SegSig failure will be a hard lesson for the team but they must learn from their mistakes. All big companies today made mistakes while growing. I think $8k for BTC is way too conservative... last time it "corrected" it went from ~1200 USD to ~230 USD, which took over a year (yes, Cryptos react THAT slow). Consolidation phase took another few months before it found its way back up. Based on the previous corrections I would not be surprised if BTC would go down to $2k, but the thing with these long corrections is that a lot of things could happen in that time. Sitting in cash is indeed a good position for this moment, just wait for the bottom. As for NLG, My guess is that the drop will stop around USD 0.07-0.09, where the previous support is. Disclaimer: this is not financial advice, just my view on things. |
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Closed my general support ticket #586824 after 2 months, replaced it by #1109359, which is a "close account" request ticket. Gave them the addresses to where they can refund my funds to. Let's see if this gets more love from the support team and solves my issue quicker.
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Check the development branch in the github repo, that's an indication regarding the development activity.
Plan is to have a new release within some weeks.
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I would like to see the price drop below 2000sat before the release. Would some of the larger holders mind selling some coins to us poorer people in the community to benefit from and use for witnessing?
Testers have enough coins to dump under 2000 sat.  Why would they? The tests are going well and the price will rise a lot in the near future and they know that. No one expect anyone dumping before it reaches at least the triple of the value that it has now. Price looks lower to me compared to last week.No one should be dumping but if testers can see it's not working they will dump first. The testers are testing for more than a month now, if that was the case, they would have sold already, but instead the price raised a lot since the testing started, so *if* they are doing any trading, they are buying But I don't think they are doing any tradings. It's very cheap still, buy before the update releases and it goes to the moon My guess the testing is on a test net. Those mined coins are not spendable on the main chain. |
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"The company has stated they have or are working on increasing their staff support to handle the surge and hope to resolve the issues as soon as possible."
Yeah, they claim that for over a month now... how long is something like that going to take? I got an automated response to my 1.5 month old ticket last week, again... they requested a response... told them again the same thing like the previous times they wanted a response on their automated messages. |
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Bitcoin rebounds
Fluctuation within downtrend.... far from rebound. |
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wise investor will wait to recover
but smart trader do cutloss to buy at lower price
most of people in group telegram said that thing,, this is just temporary
if you can predict how long this down trend, this is good opportunity in bloodbath
Wouldn't be surprised if BTC goes down to 2000 USD. |
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People, to let you remember... the previous bubble "correction" (ATH December 2013) took over a year (January 2015) before it came into consolidation stage... which also lasted months (October 2015). The current bubble is already exploding since early December (drop at 10th, ATH afterwards, which it didn't correct from, increased volatility afterwards), the same pattern as the previous bubble that snapped.
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I'm just pretty new to this Cryptocurrency world, I'm just trying to get to know it a little better:)
I've been through 3-4 of these bubbles already... and every time it's the same (panic on these forums, people are still in denial and such). If you followed proper investment advices, you used money you don't need the next 5-10 years, just sit this correction out. It is going to take some time, but another bubble will come. <edit> And buy low (consolidation), sell high (bubble formation)... never go full in or out... and don't trade when the market is at panic (now). </edit> |
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Hey, I have some Guldens but it looks like its dropping really hard at the moment.
Do I need to worry?
Everything is dropping really hard at the moment, including Bitcoin itself. No need to worry, just hold, it's a terrible decision to sell when everything is so dumped. Give it time, it will recover, all coins will recover eventually Don't worry. If you want to sell, sure, go for it, but you will regret once things starts increasing again (and it will) Like I said, most coins are dropping because bitcoin drops. And the bitcoin drop could already been seen weeks ago (drop on 10 Dec was already an indication, the fluctuation after the ATH already showed BTC couldn't recover it's ATH, increased volatility and bubble is going to snap). What Spooly said, give it time it will recover (just not all coins will recover), just make sure you have fiat at the side line at consolidation stage to start buying for the new bubble. This stage could take months before we get there and another few months before things are consolidated. |
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Hey, I have some Guldens but it looks like its dropping really hard at the moment.
Do I need to worry?
You need to ask? You worry (and cryptos are not the types of investments for you), or you don't (than you can still make profits). |
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All the markets seem to be fluctuating very much these days, even bitcoin < $10.000. The Gulden seems pretty stable at the moment, some small drop in the price but it's already climbing again.
I guess you can state that Bitcoin is the main cause of all these markets are fluctuating. The reason that Gulden lags in this correction is the relative large fiat pairing (BTC price remains fairly stable). It's time that the fiat exchanges start pulling this, instead of BTC. Than we could see fireworks, but for now these exchanges follow the BTC price converted to euro (the CMC 1y chart shows this nicely). |
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Has anybody got any idea of why ISX is so often closed for maintenance these days? It’s getting rather unreliable there. There are never any explanations given and it goes down unannounced for a long time without any estimated down-time. It would be a lot easier to deal with if it one could at least know about it beforehand/how long it lasts.
It's now open again for over a week (wasn't announced), you can see the trades on the front page. This has been, I think, only the second time that it was closed, both times to push updates to the exchange. The have since recently a new developer that's maintaining it. Also, are the Auroracoin foundation related to ISX, or are they separate?
ISX and the foundation are separate identities, but a few members of the foundation also run ISX. This is mainly because those members thought an Icelandic exchange with ISK pairing is needed for adoption in Iceland (which I agree with them). |
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Plan is to have a new release of the core wallet within a few weeks, to release the
improvements to the code base we made in past half year.
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