Is Gulden a good investment?

[Myraidcoins]

They have been working on this for over 1 year now. Releases have been delayed time after time. That is why it is ranked so low, many supporters have lost confidence.
On top of that, the team is not excelling in communication to say the least. But if you can live with all that and remain patient, NLG is a good coin to invest in.

It was mentioned the update is around 40 000 lines of code. The whitepaper was released less then 7 months ago?
190 lines of code a day for the last 7 months.

[1715212904]

1715212904

[Myraidcoins]

Dev team has made a update about testing,

https://dev.gulden.com/what-are-our-testers-testing-for-the-gulden-2-0-update/

20-12-2017

What are our testers testing for the Gulden 2.0 update?
We have had this question come up from many community members so we thought it would be a good time to break down the parts involved. The 2.0 update involves tens of thousands of lines of code that effect every layer of the software, from the blockchain consensus, the transaction script layer to the network layer and UI. While the bulk of the code has been written and reviewed there is simply no replacement for repeated real world testing by multiple parties and this is what the testing phase is all about.

1. Phase 1 to 5 upgrade script for PoW2 and SegSig compatibility.
The above process eliminates the need for an immediate messy hard fork; allowing time for everyone to upgrade cleanly while also bringing the witnessing functinality into use as fast as possible. With the amount of services reliant on Gulden we have to keep downtime to an absolute minimum.

2. Witnessing balance in practise compared to theory.
The development team have come up with a new testnet called fastnets where each person can run their own simulations alongside our main testnet. This gives our testers the ability to fast track the results of witnessing.

3. SegSig introduces a completely new transaction format with up to 58% smaller transactions.
This new format needs to be tested in multiple ways to ensure that it works in all cases and for all transaction types and that no unexpected issues are introduced.

4. When it comes to user interface design nothing beats real user feedback.
As we reach the final part of testing our UX team and developers will be working closely with users to ensure that the interface is one that all users can use and not just the technically minded.

5. iOS and Android 2.0 compatibility testing.

6. Aside from SegSig and PoW², version 2.0 also introduces dozens of other bug fixes and various new upstream functionality.
While the main focus is on SegSig/PoW² it is important that all other functionality is also retested to not let any surprise issues through.

Is there a whitepaper to back all this up? I find it hard to believe a coin not even ranked in the top 150 has the expertise to do a update of this magnitude.

https://gulden.com/pow2

[c_e_d]

SegSig is a larger update then PoW2, I still want to see how MaNI pulls off 58% savings on SegSig when the bitcoin devs could only manage 25% on SegWit.

Sure I will grant him best dev in crypto status if he manages it.

BTC carries the burden of keeping old/long time outdated nodes on the network, limiting the savings alot for another couple versions (translates into years!).
They are on v0.15 and I still see v0.10 nodes on the network.  

During the activation phases (giving users time to update their wallets), Gulden 2.0 will leave old 1.6 nodes step by step behind and is than free of that burden.  
Pretty sure this is part of the magic.
Still doesn't take anything away from the great dev work.

[TomPetty]

SegSig is a larger update then PoW2, I still want to see how MaNI pulls off 58% savings on SegSig when the bitcoin devs could only manage 25% on SegWit.

Sure I will grant him best dev in crypto status if he manages it.

BTC carries the burden of keeping old/long time outdated nodes on the network, limiting the savings alot for another couple versions (translates into years!).
They are on v0.15 and I still see v0.10 nodes on the network.  

During the activation phases (giving users time to update their wallets), Gulden 2.0 will leave old 1.6 nodes step by step behind and is than free of that burden.  
Pretty sure this is part of the magic.
Still doesn't take anything away from the great dev work.

When Gulden gets a USD trading pair it will be a good time to drop out of the btc pairings. Unfortunately the crypto traders don't see the value in Gulden for some reason and the correct course of action would be to remove the btc pairings.

Bittrex $0.146111
Nock    $0.159440   

Would it be possible for Gulden community to ask the bitcoin exchanges to drop Gulden as I don't see 1 Euro value being reached on bittrex.

[DubMatrix]

There's a great future for ths coin, it had a little price drop a while back but now is rising again to its old high record and grow easily from there to maybe €0.50 next year.

[PeterPicker]

SegSig is a larger update then PoW2, I still want to see how MaNI pulls off 58% savings on SegSig when the bitcoin devs could only manage 25% on SegWit.

Sure I will grant him best dev in crypto status if he manages it.

BTC carries the burden of keeping old/long time outdated nodes on the network, limiting the savings alot for another couple versions (translates into years!).
They are on v0.15 and I still see v0.10 nodes on the network.  

During the activation phases (giving users time to update their wallets), Gulden 2.0 will leave old 1.6 nodes step by step behind and is than free of that burden.  
Pretty sure this is part of the magic.
Still doesn't take anything away from the great dev work.

When Gulden gets a USD trading pair it will be a good time to drop out of the btc pairings. Unfortunately the crypto traders don't see the value in Gulden for some reason and the correct course of action would be to remove the btc pairings.

Bittrex $0.146111
Nock    $0.159440   

Would it be possible for Gulden community to ask the bitcoin exchanges to drop Gulden as I don't see 1 Euro value being reached on bittrex.

It balances out , no need to remove btc pairings. It looks to me traders are buying off bittrex to supply users buying off Nocks. I also believe litebit and Guldentrader get their stock off bittrex.

This is also the least amount of sales I have seen on bittrex since I started looking at this coin. less then 2 million. Distribution looking good.

[iwj77]

What give these MEGA changes, if coin is not user frendly? Can't register in bitrex, cos there is to many new acc, the reg is stoped, can't reg in Nocks cos, there I cant make phone verification, it's only for couple eu contries. 

[altcoinsrule]

when  PoW2 and SegSig are both implemented and the price does not surge, i will sell a part of my gulden. I got them 2 years ago and for a investor the rise of the gulden is ok, but my other coins(the scam coins) are doing much better then the gulden.

[PeterPicker]

when  PoW2 and SegSig are both implemented and the price does not surge, i will sell a part of my gulden. I got them 2 years ago and for a investor the rise of the gulden is ok, but my other coins(the scam coins) are doing much better then the gulden.

Think of the current phase of the DOT COM bubble. A IT company could sell Urine as it's main product and the stock price would be 100 times over valued. Scam coins can get away with it for awhile but when people start getting educated, make sure you not in those scams anymore, those people running the scams will invest in projects like Gulden with they money you give them.

[altcoinsrule]

when  PoW2 and SegSig are both implemented and the price does not surge, i will sell a part of my gulden. I got them 2 years ago and for a investor the rise of the gulden is ok, but my other coins(the scam coins) are doing much better then the gulden.

Think of the current phase of the DOT COM bubble. A IT company could sell Urine as it's main product and the stock price would be 100 times over valued. Scam coins can get away with it for awhile but when people start getting educated, make sure you not in those scams anymore, those people running the scams will invest in projects like Gulden with they money you give them.

Mr Rijk said many times that the gulden is the best and the rest of the coins are scamcoins, he dislikes investors(he does not need them anymore). To make the gulden better you need large investors or it wont work.

[Digithusiast]

Not true. Gulden is getting better with every update. The team just takes time needed as they see best fit for Gulden.
It is a small team that collected a lot of funding in BTC, so they do not need large investors at all.
They just need patient supporters who rack and stack NLG.
Good Gulden times will come one day.

[dagon666]

Thanks for the insights, I am going to look into this. 

[DashNLG]

when  PoW2 and SegSig are both implemented and the price does not surge, i will sell a part of my gulden. I got them 2 years ago and for a investor the rise of the gulden is ok, but my other coins(the scam coins) are doing much better then the gulden.

Think of the current phase of the DOT COM bubble. A IT company could sell Urine as it's main product and the stock price would be 100 times over valued. Scam coins can get away with it for awhile but when people start getting educated, make sure you not in those scams anymore, those people running the scams will invest in projects like Gulden with they money you give them.

Mr Rijk said many times that the gulden is the best and the rest of the coins are scamcoins, he dislikes investors(he does not need them anymore). To make the gulden better you need large investors or it wont work.

(Large)Crypto investors are waiting for a release date of PoW2 and SegSig. I am encouraged by Nocks volumes this last few days, giving bittrex some serious competition in price and volume.

[deztroyr1]

What give these MEGA changes, if coin is not user frendly? Can't register in bitrex, cos there is to many new acc, the reg is stoped, can't reg in Nocks cos, there I cant make phone verification, it's only for couple eu contries. 

the coin is in fact user friendly. the exchanges might have some limitations though.
you could try litebit though: https://www.litebit.eu/en/buy/gulden
gl

[Jean.Luc]

One of those rare moments Rijk gives an interview. For RTLZ news channel. (In Dutch)
In the meantime Gulden is trending in the App store 🚀

https://youtu.be/KrcXMMdmgfE

[PeterPicker]

One of those rare moments Rijk gives an interview. For RTLZ news channel. (In Dutch)
In the meantime Gulden is trending in the App store 🚀

https://youtu.be/KrcXMMdmgfE

Thanks for sharing.

Nocks is doing well, Bittrex volume and price won't be a concern in the future as crypto traders are losing control of Gulden. Gulden is being distributed to the public more then any other coin outside the top 20.

[DashNLG]

Interesting!

Nocks       $672,940
Bittrex      $551,411   

First time bittrex hasn't been the largest exchange for Gulden?

[Jean.Luc]

Amount of Gulden Nodes trippled in last few days. Gulden is HOT 🚀🚀. Amount of users is probably over 200k users now, from 75k few days ago.

https://twitter.com/guldenbites/status/944118942368444416

[Digithusiast]

With last night's BTC and NLG drop, this is a great time to buy Gulden.

[SuperOrca]

Amount of Gulden Nodes trippled in last few days. Gulden is HOT 🚀🚀. Amount of users is probably over 200k users now, from 75k few days ago.

https://twitter.com/guldenbites/status/944118942368444416

200k not a bit of stretch? Coins with 20k addresses not users have over $300 million marketcap. Although as others have mentioned it's mainly a lot of average people buying Gulden and not rich investors so it could be true.