How do people buy from a 170 Million premined coin?

[paramind22]

I am reading about a premine of Gulden at:

"170,000,000 (Used for giveaways! Trustworthy DEVs and good community.)"

and also about how people are currently using Gulden today to buy things.  Are people using
the equivalent Euro or USD amount for Gulden to buy these items? 

[KitcatCat]

I am reading about a premine of Gulden at:

"170,000,000 (Used for giveaways! Trustworthy DEVs and good community.)"

and also about how people are currently using Gulden today to buy things.  Are people using
the equivalent Euro or USD amount for Gulden to buy these items? 

 no one does. The buying you see is just the developer and some whales buying their own coins.

[michellee]

I am reading about a premine of Gulden at:

"170,000,000 (Used for giveaways! Trustworthy DEVs and good community.)"

and also about how people are currently using Gulden today to buy things.  Are people using
the equivalent Euro or USD amount for Gulden to buy these items? 

its a lot of amount for giveaways and i wonder how long this coins will be survive in the market? because i am not sure about gulden and better to stick with the exist coins rather than to buy the new coins which is not sure for the future, but its only my opinion and i am sorry if many people don't agree with me.

[paramind22]

If it is worth 2 cents US then to buy a music CD is maybe 500 gulden, then that 500 gulden buys something at a certain amount of stores.    I am surprised one Gulden got to 2 cents, that's pretty good. 

[Herbert2020]

nobody buys any item, goods or whatever you guys call it with Gulden or any other altcoin for that matter. in fact the number of people using bitcoin to buy all these things is not even that high, now you are expecting people to use an altcoin with a much smaller community to purchase real things?

If it is worth 2 cents US then to buy a music CD is maybe 500 gulden, then that 500 gulden buys something at a certain amount of stores.    I am surprised one Gulden got to 2 cents, that's pretty good. 

besides what is the point of this?
lets say your music CD is worth $10 people are buying them with USD through paypal,... and if they are bitcoin fans they will use bitcoin for cheaper fees.

what would they gain if they use Gunden? will $10 music CD be worth $6-$5 with a nice discount? obviously not the case!

[Spoetnik]

@Herbert2020
You are correct sir.
And i may be able to retire in 2017 (i wanted to in 2016)
I can if we have more users posting comments like yours.  

@OP
$$$ ..that is your answer.
People would trade "Smack an old lady in the head with a bat coin" if it padded their wallets with luscious sweet ROI'z.

Do something bad then have users co-opted into supporting it for a slice of the pie.
Then they will play dumb or lie their ass off to defend it.. to keep that pie coming.

[TamiLee]

I can tell no one replying here has downloaded the wallets and used them or this waste of space on btctalk servers would not exist.

[Litesire]

@Herbert2020
You are correct sir.
And i may be able to retire in 2017 (i wanted to in 2016)
I can if we have more users posting comments like yours.  

@OP
$$$ ..that is your answer.
People would trade "Smack an old lady in the head with a bat coin" if it padded their wallets with luscious sweet ROI'z.

Do something bad then have users co-opted into supporting it for a slice of the pie.
Then they will play dumb or lie their ass off to defend it.. to keep that pie coming.

Come on Spoetnik if you can't see the quality difference between Gulden and other coins then your posts can't be taken seriously. I am ready to debate you on Gulden vs the rest.

[cryptohunter]

Not looked at it really.

Is there a full ledger for the premine detailing all expenditure ?

[paramind22]

It's a good coin to mine with scrypt miners too.  I tried mining GAME and wasn't getting very much.  Mining Gulden is quicker.

[Spoetnik]

Not looked at it really.

Is there a full ledger for the premine detailing all expenditure ?

THIS.

And even worse is a ledger can be forged to fuck & back.
So it says a lot that a lazy ass premining cunt can't even take the time to write one up.

And debate ?
What now ? LOL
Go ahead.. let me know how that works out for you.

Notice the charts on ETH and BTC lately ?  

You REALLY wanna step into the ring with my FUD kid ?
I will take your $1,200 market-cap down to $20 toot-sweet son !  

[maku]

We wouldn't have this discussion when Gulden (or any other altcoin) wasn't premined like crazy. There is currently 337,487,045 guldens in circulation.
And 170,000,000 of them were premined? - no comment on that.

Not looked at it really.

Is there a full ledger for the premine detailing all expenditure ?

THIS.

And even worse is a ledger can be forged to fuck & back.
So it says a lot that a lazy ass premining cunt can't even take the time to write one up.

I would like to see that ledger no matter what and know how it can be forged? It is not like paper register where you can change the numbers as you like or anything it is all in the blockchain, right?

[DashNLG]

We wouldn't have this discussion when Gulden (or any other altcoin) wasn't premined like crazy. There is currently 337,487,045 guldens in circulation.
And 170,000,000 of them were premined? - no comment on that.

Coinmarketcap says :
Available Supply
337,487,745 NLG
Total Supply
439,507,900 NLG

So it seems you are misrepresenting the situation, 439500000 in circulation and only 102000000 of that still in premine.
If premine is being slowly used to fund actual development, which seems to be the case, then whats the problem? More honest than most the ICO crap or other junk we see in my opinion.

They angry because the Gulden devs are making them look stupid. Litecoin $225 million marketcap and this coin destroys it. Dash and Gulden will be the kings of 2017.

[Spoetnik]

Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

[TamiLee]

Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

Posting in the wrong topic?

[AmsterdamPimp]

I am reading about a premine of Gulden at:

"170,000,000 (Used for giveaways! Trustworthy DEVs and good community.)"

and also about how people are currently using Gulden today to buy things.  Are people using
the equivalent Euro or USD amount for Gulden to buy these items? 

 no one does. The buying you see is just the developer and some whales buying their own coins.

Don't lie to him. Nobody does that anymore. That is so 2013.

[Glen Hoddle]

Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

I like you mate I really do. Please do more research on Gulden before you jump the shark here.

[cryptohunter]

We wouldn't have this discussion when Gulden (or any other altcoin) wasn't premined like crazy. There is currently 337,487,045 guldens in circulation.
And 170,000,000 of them were premined? - no comment on that.

Coinmarketcap says :
Available Supply
337,487,745 NLG
Total Supply
439,507,900 NLG

So it seems you are misrepresenting the situation, 439500000 in circulation and only 102000000 of that still in premine.
If premine is being slowly used to fund actual development, which seems to be the case, then whats the problem? More honest than most the ICO crap or other junk we see in my opinion.

They angry because the Gulden devs are making them look stupid. Litecoin $225 million marketcap and this coin destroys it. Dash and Gulden will be the kings of 2017.

Rule 1 about crypto.... never talk about supporting dash when wanting people to take you seriously.

Dash is a KNOWN and proven captive instamine scam coin.

I have not looked into gulden at all. However any premine should have a ledger that is verifiable and public.

All premines should always be held in multisig accounts and released for milestones reached anyway. Or any other way that would prevent a mass dumping at anytime.

Only a crypto expert can look at work done and put an approx value on it everyone else is just guessing.

GLD could be a great project or could end up a scam when the dev controls such vast amounts of a currency it is always vulnerable. Time will tell.

[cryptohunter]

How about waves premine?

Same rules should apply to all premines..

Must be measures to stop mass dumping and self profiteering abuse. Sure devs should make a profit but not screw over investors

Sure some devs could have no measures in place and still be honest and upstanding ensuring enough goes to development of the coin with a reasonable reward for their work. That does not alter the fact there should be measures in place to ensure they do so.

Boycott all projects in future that do not and you will see an end of scams or huge reduction in them

[Spoetnik]

Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

I like you mate I really do. Please do more research on Gulden before you jump the shark here.

Are you accusing me of being "The Fonz" (from Happy Days)  
No problem.. i will take it LOL

But hey i am talking about accountability.
Not whether the coin is scammy etc.
I am suggesting though when a dev behind a coin omits any type of ledger. (at least a ledger if not more)
Yes it then is in fact highly sketchy and pretty much always scammy.

This is not up for debate noob accounts.
You can try but you are wasting your time.
Those of us here not bullshiting will see and ALREADY know the truth.