Jerry S
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June 08, 2016, 07:02:03 AM |
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indonesian thread updated with new wallet n exchange, good job dev, will wait for 5k
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darkgold (OP)
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June 08, 2016, 07:59:05 AM |
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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? 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 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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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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June 08, 2016, 07:59:27 AM |
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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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cookiepool
Member
Offline
Activity: 75
Merit: 10
Living in CEST - love cookies :-)
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June 08, 2016, 08:36:22 AM |
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trading volume surpass ETH trading volume .. but now GB is 0 maybe a 24h reset ?
Cookie
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darkgold (OP)
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June 08, 2016, 08:39:06 AM |
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trading volume surpass ETH trading volume .. but now GB is 0 maybe a 24h reset ?
Cookie
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YAdaminer
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June 08, 2016, 08:55:24 AM |
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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 From BleuTrade webpage Users online: 256 | Visitors online: 147 | Users on this (GB) page: 42
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l8orre
Legendary
Offline
Activity: 1181
Merit: 1018
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June 08, 2016, 09:14:03 AM |
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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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darkgold (OP)
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June 08, 2016, 10:04:04 AM |
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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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darkgold (OP)
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June 08, 2016, 10:16:22 AM |
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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 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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bob75coin
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June 08, 2016, 10:43:08 AM |
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I sold all the shitcoins I had on bleutrade and bought GB!
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l8orre
Legendary
Offline
Activity: 1181
Merit: 1018
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June 08, 2016, 10:43:27 AM |
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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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samspaces
Legendary
Offline
Activity: 1453
Merit: 1030
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June 08, 2016, 11:06:59 AM |
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"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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overdozedCEO
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June 08, 2016, 11:12:21 AM Last edit: June 08, 2016, 03:39:06 PM by overdozedCEO |
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l8orre
Legendary
Offline
Activity: 1181
Merit: 1018
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June 08, 2016, 11:12:52 AM |
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"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!
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sesiah
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June 08, 2016, 11:19:27 AM |
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Am new to this and it sounds so great at the op, Am now evaluating my potential to this.
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YAdaminer
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June 08, 2016, 12:02:06 PM |
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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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Lafu
Legendary
Offline
Activity: 3108
Merit: 3204
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June 08, 2016, 12:04:37 PM |
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darkgold (OP)
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June 08, 2016, 12:57:32 PM |
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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. Yes, thanks, staking going smooth.
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OdinYggd
Member
Offline
Activity: 94
Merit: 10
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June 08, 2016, 01:01:27 PM |
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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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Jerry S
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June 08, 2016, 01:11:00 PM |
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staking is goin really smooth, POW will cost more now, not too bad for me
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