How do people buy from a 170 Million premined coin?

[Febo]

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.

lol you have cute name. KingOfPremine

Now i'm Dutch myself but i choose to support Dash as it has the potential to make it into global digital cash
and i am certainly not the only Dutchman who is supporting Dash :

I think you guys should merge your coins somehow. Or even better make a new Scam together.

[1714649922]

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[GuldenDevs]

I don't understand why these Devs didn't go anonymous and Dump all the premine and start a new coin. They could of made a lot more money. Poor scamming skills on their part.

[Spoetnik]

I don't want to harp on this.. it won't do any good anyway.
All i can think here is if there is a large premine ?
It WILL catch up with you and bite you in the ass.
People will forever dredge it up and rail on about it again and again for years to come.

The sensible thing for the guys behind the coin to do would be..
Start working on that "Ledger" ASAP !

And keep it real !
People can tolerate a whole lot of bad if it is delivered honestly.
Vs people scheming to hide things and BS etc.
So..
If the dev took a chunk of the premine and spent it on coke & hookers ?
Admit it !
Come clean and then from that point on be honest.
The worst thing any dev can do in crypto is drag shit on for years playing games lying and making poor excuses for blatant behavior.

That applies obviously to any coin project.
I am not really for or against this coin in question.
Just trying to offer some insight and advice to PREVENT drama.
I am not posting this to START drama..

Good luck guys (which ever side your on in the battle) 

[rokkyroad]

I don't want to harp on this.. it won't do any good anyway.
All i can think here is if there is a large premine ?
It WILL catch up with you and bite you in the ass.
People will forever dredge it up and rail on about it again and again for years to come.

The sensible thing for the guys behind the coin to do would be..
Start working on that "Ledger" ASAP !

And keep it real !
People can tolerate a whole lot of bad if it is delivered honestly.
Vs people scheming to hide things and BS etc.
So..
If the dev took a chunk of the premine and spent it on coke & hookers ?
Admit it !
Come clean and then from that point on be honest.
The worst thing any dev can do in crypto is drag shit on for years playing games lying and making poor excuses for blatant behavior.

That applies obviously to any coin project.
I am not really for or against this coin in question.
Just trying to offer some insight and advice to PREVENT drama.
I am not posting this to START drama..

Good luck guys (which ever side your on in the battle) 

Good luck trying to get thieves to own up to their thievery.  They can color it anyway they want ... premine ... ico ... its outright thievery yet they still manage to pull in the suckers.

A lot could change if people would guit buying into this shit and boycott the scammy past, present, and future scammers.

[GuldenDevs]

I don't want to harp on this.. it won't do any good anyway.
All i can think here is if there is a large premine ?
It WILL catch up with you and bite you in the ass.
People will forever dredge it up and rail on about it again and again for years to come.

The sensible thing for the guys behind the coin to do would be..
Start working on that "Ledger" ASAP !

And keep it real !
People can tolerate a whole lot of bad if it is delivered honestly.
Vs people scheming to hide things and BS etc.
So..
If the dev took a chunk of the premine and spent it on coke & hookers ?
Admit it !
Come clean and then from that point on be honest.
The worst thing any dev can do in crypto is drag shit on for years playing games lying and making poor excuses for blatant behavior.

That applies obviously to any coin project.
I am not really for or against this coin in question.
Just trying to offer some insight and advice to PREVENT drama.
I am not posting this to START drama..

Good luck guys (which ever side your on in the battle) 

Good luck trying to get thieves to own up to their thievery.  They can color it anyway they want ... premine ... ico ... its outright thievery yet they still manage to pull in the suckers.

A lot could change if people would guit buying into this shit and boycott the scammy past, present, and future scammers.

Was this thread created to warn scammers not to buy in?

[paramind22]

I don't want to harp on this.. it won't do any good anyway.
All i can think here is if there is a large premine ?
It WILL catch up with you and bite you in the ass.
People will forever dredge it up and rail on about it again and again for years to come.

The sensible thing for the guys behind the coin to do would be..
Start working on that "Ledger" ASAP !

And keep it real !
People can tolerate a whole lot of bad if it is delivered honestly.
Vs people scheming to hide things and BS etc.
So..
If the dev took a chunk of the premine and spent it on coke & hookers ?
Admit it !
Come clean and then from that point on be honest.
The worst thing any dev can do in crypto is drag shit on for years playing games lying and making poor excuses for blatant behavior.

That applies obviously to any coin project.
I am not really for or against this coin in question.
Just trying to offer some insight and advice to PREVENT drama.
I am not posting this to START drama..

Good luck guys (which ever side your on in the battle) 

Good luck trying to get thieves to own up to their thievery.  They can color it anyway they want ... premine ... ico ... its outright thievery yet they still manage to pull in the suckers.

A lot could change if people would guit buying into this shit and boycott the scammy past, present, and future scammers.

Was this thread created to warn scammers not to buy in?

No, if you read my posts, I am not against Gulden, nor is "how do" in the title meant to be sound like it was all preposterous.
I am interested in the idea of value creation, which seems like quite a real thing to me.  If you just read what I wrote it should
be more clear.

I wrote these about 8 years ago but you can see the same line of thought:

11) Many new jobs only need be responsible for creating value, because a system of barter has already worked in many economies. Think of senior homes/low income home improvements. Seniors could help with baby sitting as younger parents could help with home repair.

14) We should be focusing on "creating value" not only "earning money." For example, imagine digging up some of one's lawn area and preparing the area for a nut and fruit tree orchards and other gardening area. This will create a substantial amount of "wealth" each year for one's household without having to bring in more money to buy things. There are many such improvements one can make and even invent for other people. There are low income but ready now electric car conversions that people have done for virtually every make of car.

from

http://www.paramind.net/new_education_new_economy.html


I think it's great how people can create a currency based on group involvement and hard work and have it be worth something for people
that aren't getting ahead in the current economic climate.

[GuldenDevs]

I don't want to harp on this.. it won't do any good anyway.
All i can think here is if there is a large premine ?
It WILL catch up with you and bite you in the ass.
People will forever dredge it up and rail on about it again and again for years to come.

The sensible thing for the guys behind the coin to do would be..
Start working on that "Ledger" ASAP !

And keep it real !
People can tolerate a whole lot of bad if it is delivered honestly.
Vs people scheming to hide things and BS etc.
So..
If the dev took a chunk of the premine and spent it on coke & hookers ?
Admit it !
Come clean and then from that point on be honest.
The worst thing any dev can do in crypto is drag shit on for years playing games lying and making poor excuses for blatant behavior.

That applies obviously to any coin project.
I am not really for or against this coin in question.
Just trying to offer some insight and advice to PREVENT drama.
I am not posting this to START drama..

Good luck guys (which ever side your on in the battle)  

Good luck trying to get thieves to own up to their thievery.  They can color it anyway they want ... premine ... ico ... its outright thievery yet they still manage to pull in the suckers.

A lot could change if people would guit buying into this shit and boycott the scammy past, present, and future scammers.

Was this thread created to warn scammers not to buy in?

No, if you read my posts, I am not against Gulden, nor is "how do" in the title meant to be sound like it was all preposterous.
I am interested in the idea of value creation, which seems like quite a real thing to me.  If you just read what I wrote it should
be more clear.

I wrote these about 8 years ago but you can see the same line of thought:

11) Many new jobs only need be responsible for creating value, because a system of barter has already worked in many economies. Think of senior homes/low income home improvements. Seniors could help with baby sitting as younger parents could help with home repair.

14) We should be focusing on "creating value" not only "earning money." For example, imagine digging up some of one's lawn area and preparing the area for a nut and fruit tree orchards and other gardening area. This will create a substantial amount of "wealth" each year for one's household without having to bring in more money to buy things. There are many such improvements one can make and even invent for other people. There are low income but ready now electric car conversions that people have done for virtually every make of car.

from

http://www.paramind.net/new_education_new_economy.html


I think it's great how people can create a currency based on group involvement and hard work and have it be worth something for people
that aren't getting ahead in the current economic climate.

Fair enough, however it evolved into a thread where scammers , con artists, pump and dump groups and photoshop specialists are warning the others of the same ilk not to invest in Gulden. How lucky can one coin get?

[densuj]

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? 

I think no, the people are not use gulden for buy buy things, I don't see online stores or offline stores that accept gulden for payment method.
Gulden is new coin and be not known by the people, it is can become shitcoin sometime, if you want buy things using digital coins, always use bitcoin for doing it.
Buy things use gulden coin is just aim of developers, it is just strategy for taking investors.

[GuldenDevs]

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?  

I think no, the people are not use gulden for buy buy things, I don't see online stores or offline stores that accept gulden for payment method.
Gulden is new coin and be not known by the people, it is can become shitcoin sometime, if you want buy things using digital coins, always use bitcoin for doing it.
Buy things use gulden coin is just aim of developers, it is just strategy for taking investors.

The problem with the Gulden devs is they out developing all the other coins, these scammers have some serious skillz in their arsenal.

All the below done in 4 months, imagine what these scammers have planned for 2017. It's really destroying the other scam coins, they must be super jealous.

Next Generation QT wallets
Much improved UX and new interface
Our new core wallets have undergone a major facelift with practicality in mind. The beautiful user friendly design gives a familiar feel with our mobile wallets but with a lot more features and control you would expect from the core desktop wallets. The new wallets will be the base we build up from as we implement new and exciting features as discussed below.

New HD Link feature
The main feature update for this release is our own Hierarchical deterministic implementation between our new core QT desktop wallets and both our mobile wallets (iOS Soon). To put this in layman’s terms you can now share your Gulden addresses between your Desktop and Mobile wallets. This gives users peace of mind if they lose their iOS or Android phones, users will still have access to their funds on the desktop wallet. HD wallets also means less frequent backups required.

Become your own central bank for you and your family by having centralized control over your decentralized Gulden wallets.

A use case example for the new Link feature:

You are married with kids, you can create a mobile account for each one of your family members and link it to your Gulden for desktop wallet. You have complete control of all linked accounts on your Desktop wallet.
In the event that one of your children loses their phone, you’ll be able to withdraw all funds from that account. Or say if your spouse is out shopping and needs more Gulden, you’re able to transfer funds from another
account/s to their account. In both cases, fund are transferred almost instantly.

Accounts and Privacy
Gulden for Desktop now uses accounts which you can add to serve different purposes. We have 2 different account creation types.
* Normal Accounts
* Mobile Accounts – which enables the link feature between your desktop and mobile device.

The additional privacy comes in for both deposits and withdrawals.

* Gulden deposits:
Gulden for desktop wallets will use a different Gulden address each time you receive Gulden, this way the depositors will have no way of knowing who else is sending you Gulden to your wallet.
Note: A depositor can continue to use the address you gave them for multiple deposits.

* Gulden withdrawals:
With accounts you can separate your payments depending on it’s intended use without the recipients of your Gulden knowing what other transactions your doing from within your wallet.
eg. You can have 1 account for family transactions and another for business transactions.

HD desktop wallet with mnemonic (recovery phrase) support
Fully backwards compatible with recovery phrases from older Android and iOS wallets.

Gulden and bitcoin payments added to desktop wallets
Like our Gulden for iOS and Gulden for Android wallets you can now pay at all Gulden and Bitcoin merchants with the desktop wallets.

In App purchasing added for iDeal and Bancontact users for Desktop and Android wallets

Users in the Netherlands and Belgium will be able to make in app purchases for amounts of 50 Euros or less within Gulden for Desktop and Android wallets. For larger purchases you will need to visit Nocks.co .
More purchase options to be introduced in the future.

Wire transfers added to desktop wallets

Like our Gulden for iOS and Gulden for Android wallets you can now do wire transfers to IBAN bank accounts.

DELTA

Our DELTA diff algorithm underwent some improvements to smooth out blocktimes, since the inception of DELTA we have been monitoring the behaviour of the Gulden blockchain with regards to block times and the changes will bring increased network performance going forward.
DELTA switch over will be at block 437500

Additional currency support added to Gulden for iOS and Gulden for Desktop.
This brings Gulden for iOS and Desktop inline with the same supported currencies as Gulden for Android.

Gulden updated to 0.13 Codebase from previously updated 0.11 Codebase
Codebase 0.13 brings thousands of bug fixes, performance enhancements and important new functionality for vendors (such as ZMQ).


SCAMMERS GONNA NEED TO UPDATE THEIR GAME BIGTIME to keep up with Gulden.

[Amoson]

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? 

There are so many pre-mined coins for giveaways. what about the inflation?
who is buying a huge amount of Gulden. I'm cared of this project.

[RodgerRabbit]

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?  

There are so many pre-mined coins for giveaways. what about the inflation?
who is buying a huge amount of Gulden. I'm cared of this project.

Gulden has 2000 users on slack and many more users not on slack. The devs are answering questions from the community all the time and communicating daily.

What you see on this forum is a joke, when you on slack the legitimacy of this project is realised quickly after people join from this forum. Majority of the users are new users to crypto who don't know bitcointalk exists.

[Litesire]

What was not hyped by the devs is that they were also the first to successfully update to 0.13 codebase besides everything else that was done in 1.6.0 , meanwhile the $225 million marketcap coin called litecoin is still farting around ONLY trying to do a 0.13 codebase update in 5 months.

Ask yourselves which coin is better value?

[Glen Hoddle]

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? 

I think no, the people are not use gulden for buy buy things, I don't see online stores or offline stores that accept gulden for payment method.
Gulden is new coin and be not known by the people, it is can become shitcoin sometime, if you want buy things using digital coins, always use bitcoin for doing it.
Buy things use gulden coin is just aim of developers, it is just strategy for taking investors.

I'm not going to give a detailed answer to this stupid comment because it doesn't warrant it.

There are loads of stores online and offline that accept Gulden and you can use Gulden to pay at any bitcoin merchant.

Gulden is not a new coin. It's almost three years old.

Seriously, you are one of the dumbest people I have ever encountered on these forums and that's saying something.

[CoinTracks]

Dev's are best scammer in the world! They feed African nerd some BTC and make you think they doing all work. Same time they rob 1000 BTC from community with premine and tell it is need for development. Apple kicked them out of store cause not trust! Gulden investors are idiots! Lame sheep, following dream that is nightmare! Dump while still above 100sat! Tank me later!

[jwinterm]

Can anyone explain when and why NLG decided to cancel the airdrop and use the 10% premine as dev slushfund? I got into it a bit with their (only?) developer here:
https://bitcointalk.org/index.php?topic=1495990.msg17234710#msg17234710
because he called digibyte a scam, and I pointed out that NLG has a much larger premine. After calling me a troll, his response included this:

...
You are obviously a troll with an agenda, and really I don't need to justify myself to you...
Why is Gulden not a scam?
Well quite simple Gulden does not go around making claims that are not true, we do not intentionally try to deceive anyone, we do not make promises we cannot deliver on, we spend large amounts of time actually maintaining our products all of which are regularly updated. We put out new releases at regular intervals, each one improving on the previous one. We do not put out features that we know can't work just because we want to create hype.
We do not do anything dishonest or fraudulent.
...

What exactly is a 10% premine that is currently (several years after launch) around 40% of available supply that was supposed to be distributed to the Dutch citizenry and is now just for whatever Gulden devs feel like if not a claim that wasn't true, a promise that wasn't delivered on, something dishonest if not fraudulent. Honestly, I don't really give two fucks (maybe one), but it's just ridiculous to see this circle-jerk about technical superiority and advanced features when all that is done is bitcoin updates, a diff adjustment algorithm, and a closed source mobile wallet. Boontje komt om zijn loontje.

Disclaimer - I don't own any DGB or NLG.

[Bluestreet]

Can anyone explain when and why NLG decided to cancel the airdrop and use the 10% premine as dev slushfund? I got into it a bit with their (only?) developer here:
https://bitcointalk.org/index.php?topic=1495990.msg17234710#msg17234710
because he called digibyte a scam, and I pointed out that NLG has a much larger premine. After calling me a troll, his response included this:

...
You are obviously a troll with an agenda, and really I don't need to justify myself to you...
Why is Gulden not a scam?
Well quite simple Gulden does not go around making claims that are not true, we do not intentionally try to deceive anyone, we do not make promises we cannot deliver on, we spend large amounts of time actually maintaining our products all of which are regularly updated. We put out new releases at regular intervals, each one improving on the previous one. We do not put out features that we know can't work just because we want to create hype.
We do not do anything dishonest or fraudulent.
...

What exactly is a 10% premine that is currently (several years after launch) around 40% of available supply that was supposed to be distributed to the Dutch citizenry and is now just for whatever Gulden devs feel like if not a claim that wasn't true, a promise that wasn't delivered on, something dishonest if not fraudulent. Honestly, I don't really give two fucks (maybe one), but it's just ridiculous to see this circle-jerk about technical superiority and advanced features when all that is done is bitcoin updates, a diff adjustment algorithm, and a closed source mobile wallet. Boontje komt om zijn loontje.

Disclaimer - I don't own any DGB or NLG.

I need to find the post on the old announcement page but people were trying to claim multiple times on the airdrop and the devs could see the crypto crowd were trying to game the system. This is what was done on all airdrops. They made a sensible decision to rather use the funds to develop the coin. Anyone that invested in 2014 and 2015 until September 2016 has seen the fruits of this and they will continue to see the wise decision made by the developers.

What I find strange besides your bad math (only around 23% of the current supply is the premine) is that you shitting on a project that is actually delivering but you letting all the real scams off the hook. What is your agenda kid?

[coskunz]

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? 

That is huge amount of pre-mined coins released .Nobody joins this ICO project unless there are some big investors or a very potential project.
I will not invest to ICO project with huge amount of pre-mined coins . That is just only dumps and dumps .

[jwinterm]

Why do you have to go digging for the post on some old thread? The current thread is locked, the old thread is scrubbed, and their website says really nothing about it. If nothing else it just looks shady af.

[Bluestreet]

Why do you have to go digging for the post on some old thread? The current thread is locked, the old thread is scrubbed, and their website says really nothing about it. If nothing else it just looks shady af.

Yes because the website really needs to give a shit about some scrubs on bitcointalk?

[jwinterm]

Why do you have to go digging for the post on some old thread? The current thread is locked, the old thread is scrubbed, and their website says really nothing about it. If nothing else it just looks shady af.

Yes because the website really needs to give a shit about some scrubs on bitcointalk?

Obviously you do and Mani the irate developer does too. This is the place to discuss Bitcoin and other cryptos. If you've got nothing to hide, why hide it?