Sunday Meeting December 10th Highlights

Please find below highlights from Sunday's Skype meeting.

I'd like to thank everyone for attending tonight's important Skype meeting. This week we had both our Senior Developer and Chief Scientist present along with Team India and several community members. I'm sure we broke the attendance record. Below you will find a brief summary of the various topics discussed.



1. Eric's work on the iPhone app has been outstanding. Last week, the app was approved by Apple for beta testing and several volunteers have already signed up to help test the app before it goes live in the Apple Store. If you would like to participate in TestFlight testing, please see the following link:

https://www.goldcointalk.org/index.php?topic=3988.0

2. The perfect domain for our project's official website is clearly GOLDCOIN.ORG. After a pursuit that has lasted several years, this week the community can finally claim the domain as its own. We now join the ranks for Bitcoin, Litecoin, Ethereum, and many others. The domain goldcoin.org has already been transferred to our escrow agent and should go live sometime today (Monday).

Coming this week: https://www.goldcoin.org

3. New reporting system for contract developers. The Core team has contracted several professional developers to assist us with our ambitious network upgrade (currently underway). Eric and Cryptosolar have established a work reporting system that allows us to better track and organize the Slack team.

You can find the roadmap here: https://www.gldcoin.com/roadmap/

4. The renowned writer Andrew Rosenbaum has agreed to author the "Official Goldcoin Whitepaper." This whitepaper will give investors and other interested parties a single authoritative source for learning about our currency's design, its mission, and underlying ideology. This paper will be published on the Goldcoin website this week.

5. Team India in collaboration with Cryptosolar is building a 1.5 GH/s solar mining farm expected to begin operations in early February. This project will be an excellent promotional tool for Goldcoin while also helping to improve overall mining distribution.

6. The Christmas marketing campaign is showing results. Our Marketing Director Albert Milligan is overseeing our Christmas marketing campaign which features various articles and press releases alerting the public to our brand and its ongoing development. We plan to ramp up this ad campaign in the final weeks before Christmas. Be sure to follow Goldcoin on Twitter as we tweet each press release and promoted article.

Goldcoin on Twitter: https://twitter.com/goldcoin

7. There have been many new additions to the official website including a newsletter, GLD price ticker, blog, and press release sections. Be sure to sign up for the newsletter today if you're interested in keeping up with breaking Goldcoin news.

Newsletter signup (scroll down page to see form): https://www.gldcoin.com/

8. Our community continues to grow by leaps and bounds. The Facebook group has just reached 1000 members and Telegram has exceeded 250 members. We encourage all Goldcoin adopters to stay connected with the community by using these social platforms.

Facebook Group: https://www.facebook.com/groups/goldcointalk/
Telegram Group: https://t.me/goldcoin

9. The Goldcoin Developers Group is in the process of renewing its Thawte code signing certificate. This required a new letter from our certified public accountant. We expect to be awarded a new Thawte 2-year certificate early this week.

10. To ensure the community will have future income for research, development, and general operations we are exploring various fund raising options. Coinbuilder.org features the new Woocommerce Goldcoin plugin which could be used since testing of the plugin is complete. A domain change and site update is all that's needed to make it operational for collecting funds.

Future home of fund raising? http://coinbuilder.org/

11. The new Goldcoin client has been completed and is ready for our testnet. The Slack team will use a special 500 Mh/s rig from India during testing as the remaining team GPU mines. This will allow us to test the functionality of our 51% defense system in the new updated client.

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Meetings are held every other Sunday @ 7:00 p.m. eastern time. For info on joining please visit: https://www.facebook.com/groups/goldcointalk/

It's not all cryptocurrencies, it's Proof of Work cryptocurrencies. And yes, something will need to be done. PoW is not sustainable.

Bitcoin is opening doors and expanding the collective awareness.

As this awareness expands, consumers will begin looking at other competing brands. These new coins will find various niches in the space much like how with the automobile there are SUV's, sports cars, pickup trucks, etc. One of the next major currencies that will be discovered is Goldcoin.



It's something that could be attractive to central banks. Central banks around the world are aware that the international monetary system is moving away from the US dollar and that the role of cryptocurrencies will become much greater in the future. However, sudden shocks could bring the global economy into free fall.

Therefore, central banks will have no choice but to accumulate crypto reserves. Goldcoin (GLD) is ideally suited for use as a reserve currency by central banks because it's built on the original Nakamoto protocol and has been fully hardened by our 51% defense system.

So I don't think Bitcoin will be "replaced." I think it will be instead "complimented" by these other various makes and models.

Please try to understand the price of Bitcoin is currently "controlled" via leveraged trading and other methods.

It's impossible to predict in which direction the whales will take it day to day. Focus on long term trends, this is best.

Altcoin is a name that means "something other than Bitcoin." These coins have various niche uses and are gradually moving into the mainstream.

An example is Goldcoin. It's something that could be attractive to central banks. Central banks around the world are aware that the international monetary system is moving away from the US dollar and that the role of cryptocurrencies will become much greater in the future. However, sudden shocks could bring the global economy into free fall.

Therefore, central banks will have no choice but to accumulate crypto reserves. Goldcoin (GLD) is ideally suited for use as a reserve currency by central banks because it's built on the original Nakamoto protocol and has been fully hardened by our 51% defense system.

Hope this helps to answer your question. Just be careful; it's a wild wild west out there in altcoin land!  

Central banks around the world are aware that the international monetary system is moving away from the US dollar and that the role of cryptocurrencies will become much greater in the future. However, sudden shocks could bring the global economy into free fall.

Therefore, central banks will have no choice but to accumulate crypto reserves. Goldcoin (GLD) is ideally suited for use as a reserve currency by central banks because it's built on the original Nakamoto protocol and has been fully hardened by our 51% defense system.

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Goldcoin (GLD) could potentially become the new reserve currency of the world: https://en.wikipedia.org/wiki/Gold_reserve

It's called insanity and it will most likely continue until Proof of Work's (PoW) electrical demand turns the world into a global oven scorching the planet and turning major cities into dust.

Once PoW causes bitcoin to use more power than all countries combined, we can expect catastrophic failure of the earth's electrical grid and a return to the dark ages of man.

This is a repeating cycle that has plagued humanity throughout his existence.

The price of bitcoin will continue to rise until PoW takes out the earth's power grid, returning civilization once again to dark age in predictable cycle.

I get asked daily, "How are things going with Goldcoin?" Well, they say a picture is worth a thousand words! #Goldcoin



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Source: https://coinmarketcap.com/currencies/goldcoin/

Basically, cryptocurrencies have obsoleted centrally issued fiat. So to determine how much just calculate all reserves currently stored in fiat.

Goldcoin (GLD) is always hiring super talent, if you are a super talent hit me up!

This is consistent with my observations; bots and mindless posts with paid sigs.

Sure. I think we'd all welcome an additional BCH trading pair on one of the exchanges.



Haha. I get accused sometimes of being overly seriously. So I thought I'd try lightening the mood a little.  

You read this entire thread and came to the conclusion that the project launched last month? I guess drugs really are dangerous.  

There's a troll on the loose and he's blacklisted from this thread. He feeds on attention. Let's not feed the troll.

Today India became the #2 most Popular country for Goldcoin (GLD).

At this Growth rate, Goldcoin is headed for the Front Page of CoinMarketCap! #Goldcoin $GLD



Source: https://chainz.cryptoid.info/gld/#!network

Yes. The Goldcoin Telegram group is here: https://t.me/goldcoin

Goldcoin (GLD) was launched on May 14th, 2013.



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