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Author Topic: ✹✹✹ GOLDBLOCKS ✹✹✹ Mandatory UPDATE to v1.2.1.0 ✹✹✹ 5/17/2017  (Read 158344 times)
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Jerry S
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June 08, 2016, 07:02:03 AM
 #361

indonesian thread updated with new wallet n exchange, good job dev, will wait for 5k
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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darkgold (OP)
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June 08, 2016, 07:59:05 AM
 #362

with current nethash 25 GH + and block reward 100GB,

mining cost is above 1000 sat each GB



So anyone dumping under need their glasses changed correct?  Grin

Indeed, but seems that they have some math made, maybe small profit that will end in 10 days when halving occurs from 100 to 50 GB per block.

Net Hash still big and solid: 32,914.53 MH/s

with current nethash 25 GH + and block reward 100GB,

mining cost is above 1000 sat each GB


Ofcourse, however maybe some of miners are not paying electricity at all, maybe they have cable attached on electricity network before measuring instrument.
In anycase, in ~ 10 days that little profit will be gone. No cheap GB anymore.

why not i picked up a few  Grin
Thanks for trust and suppport, we are first place on Bleutrade and we will stay there.

indonesian thread updated with new wallet n exchange, good job dev, will wait for 5k

Thanks, good job. In predictions, 5k will be reached aprox after a month.



GOLDBLOCKS

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June 08, 2016, 07:59:27 AM
 #363

this reminds me of xgc coin i think that was its name .... things did not end well for it .. lets see what this coin can do
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June 08, 2016, 08:36:22 AM
 #364

trading volume surpass ETH trading volume .. but now GB is 0 maybe a 24h reset ?

Cookie

my small pool : https://cookiepool.xyz
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June 08, 2016, 08:39:06 AM
 #365

trading volume surpass ETH trading volume .. but now GB is 0 maybe a 24h reset ?

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June 08, 2016, 08:55:24 AM
 #366

trading volume surpass ETH trading volume .. but now GB is 0 maybe a 24h reset ?

Cookie

It was some BleuTrade hickup. It seems BleuTrade servers are under heavy GB load Wink
From BleuTrade webpage
 Users online: 256   |  Visitors online: 147   |  Users on this (GB) page: 42
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June 08, 2016, 09:14:03 AM
 #367


errrrmmm -
what exactly are the delivery conditions for the physical gold?
how and where is it stored?
how much is there?
where does it come from?

pardon me if I overlooked such info, I only read the first ten pages of this thread, but did not find any mention of these details there.

Please post some details on how this works.
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June 08, 2016, 10:04:04 AM
 #368


errrrmmm -
what exactly are the delivery conditions for the physical gold?
how and where is it stored?
how much is there?
where does it come from?

pardon me if I overlooked such info, I only read the first ten pages of this thread, but did not find any mention of these details there.

Please post some details on how this works.

It is very simple, Multigroup Slovenia will deliver gold and GB's to investors.
Where is stored and how much is in there are confedential data, that even i as dev do not know.
Website soon will be launched where all conditions , like delivery, price, purity of gold, how will look, time of delivery ect.. will be published.

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June 08, 2016, 10:16:22 AM
 #369

trading volume surpass ETH trading volume .. but now GB is 0 maybe a 24h reset ?

Cookie

It was some BleuTrade hickup. It seems BleuTrade servers are under heavy GB load Wink
From BleuTrade webpage
 Users online: 256   |  Visitors online: 147   |  Users on this (GB) page: 42

Indeed, i noticed too.
 Bleutrade.   Users online: 287   |  Visitors online: 158   |  Users on GB page: 58

So GB keeps good % of whole exchange.

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June 08, 2016, 10:43:08 AM
 #370

I sold all the shitcoins I had on bleutrade and bought GB! Grin
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June 08, 2016, 10:43:27 AM
 #371



It is very simple, Multigroup Slovenia will deliver gold and GB's to investors.
Where is stored and how much is in there are confedential data, that even i as dev do not know.
Website soon will be launched where all conditions , like delivery, price, purity of gold, how will look, time of delivery ect.. will be published.

no, it is not confidential. Without Proof of Existence, there is no gold.

Any gold storage must be handled by a secure storage vault anyway, and there is no honest reason to withhold that information.
That would be like using a silly encryption algorithm and withholding the information which encryption algorithm has been used on the grounds of 'condientiality'

So if you claim gold backed coins, you actually have to back them with gold, or they are not gold backed.

To put it a bit more succinctly:

WHERE IS THE GOLD??
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June 08, 2016, 11:06:59 AM
 #372

"Where is stored and how much is in there are confedential data, that even i as dev do not know."

Haha
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June 08, 2016, 11:12:21 AM
Last edit: June 08, 2016, 03:39:06 PM by overdozedCEO
 #373

Finished German translation https://bitcointalk.org/index.php?topic=1503620.new#new

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June 08, 2016, 11:12:52 AM
 #374

"Where is stored and how much is in there are confedential data, that even i as dev do not know."

Haha

psssst ... it is hidden in aunt Jenny's cellar under the old wooden tub, but if we tell you, people may steal it!  Grin
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June 08, 2016, 11:19:27 AM
 #375

Am new to this and it sounds so great at the op,
Am now evaluating my potential to this.
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June 08, 2016, 12:02:06 PM
 #376

Regarding concerns and questions.
Right now this can turn in 2 ways.
It can turn in just another false claim project aka scam or it can turn in real deal.
The truth is that right now no one except dev don't know how exactly GB is backed/peged with gold bars.
Only known thing is part with investors where for higher than market price investors will get gold bars and some GB.
Anyway coin attracted great attention in mining phase, probably the same will happen in trading way and it seems first day on small exchange proves that.
It seems that part with baking coin with gold still remain unknown but from what anyone can see on mining pools and find on GB rich list is that some big things are happening behind the scene.
Anyway GB future looks bright, should I say bright as gold.

 
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June 08, 2016, 12:04:37 PM
 #377

Nice Stake in Wallet  Smiley Smiley Smiley

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June 08, 2016, 12:57:32 PM
 #378

Regarding concerns and questions.
Right now this can turn in 2 ways.
It can turn in just another false claim project aka scam or it can turn in real deal.
The truth is that right now no one except dev don't know how exactly GB is backed/peged with gold bars.
Only known thing is part with investors where for higher than market price investors will get gold bars and some GB.
Anyway coin attracted great attention in mining phase, probably the same will happen in trading way and it seems first day on small exchange proves that.
It seems that part with baking coin with gold still remain unknown but from what anyone can see on mining pools and find on GB rich list is that some big things are happening behind the scene.
Anyway GB future looks bright, should I say bright as gold.

 

Thanks for good analyse. You see things well.
Give us some time please. GB is one week coin, with 1 day on exchange. And already has a lot of things that many coins doesn't have for months and/or years.
Some of them are, explorer from start, dedicated nodes page, perfect wallet with price charts od Gold and Bitcoin, faucet, website in development, ah i forgot, we need to prove soon that gold bars are real. So stay tuned.
basic thing people should know is that we will need to buy or mine coins from exchange to give to investors.


Nice Stake in Wallet  Smiley Smiley Smiley

Yes, thanks, staking going smooth.

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June 08, 2016, 01:01:27 PM
 #379

The grueling test is only beginning though.

Now that it is listed on an exchange, dumpmining begins in earnest. People who have no interest in holding, only paying for their miner and keeping the profits.

About how long before PoW ends? And if we maintain the current PoW/PoS mixing rate, about how many coins will there really be in the market?

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June 08, 2016, 01:11:00 PM
 #380

staking is goin really smooth, POW will cost more now, not too bad for me
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