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Author Topic: Gold Coin  (Read 71472 times)
BitshireHashaway
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May 18, 2013, 04:34:58 PM
 #461

All - we need to stop trying to sell this coin for like 1 LTC for 10K GLD. 

The thing with this coin is that its "front loaded".  Think of it like a blockbuster film that makes $180 million opening weekend, and then drops 65% he second week, and 50% the next etc.

But with this coin, the value will rise as LESS coins are being mined because of difficulty increases.  The good thing is that if the difficulty rises to say 50, you will still get a few hundred coins.  Eventually, it will be 100 coins per block.

We need to support the coin, and hope it gets on an exchange in the next few MONTHS.   

The guy who released the coin is offering 200K GLD for an exchange, and around 350K GLD for other bounties.  Problem is 10K coins looks like a few $$ now - but if we keep mining and kep supporting Gold Coin, that 10K could be worth 5K USD or better if it trades on a legitimate exchange in a few months.

AMEN TO THAT

I second that. I have stated before that jumping on an exchange so early would be just bad.

What I worry about even more is if there is an exchange for this... that the idiots with the thousands of coins will just bulk sell and creator the price even more.

Great way to put it guys. I see two things as happening. One those people get tired from a lack of buy offers and sell any. We need to make an exchange with a standard price for example 100GLD/1LTC and 3000GLD/LTC or something similar (these are prices I saw floating around).
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BitshireHashaway
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May 18, 2013, 04:35:51 PM
 #462

All - we need to stop trying to sell this coin for like 1 LTC for 10K GLD. 

The thing with this coin is that its "front loaded".  Think of it like a blockbuster film that makes $180 million opening weekend, and then drops 65% he second week, and 50% the next etc.

But with this coin, the value will rise as LESS coins are being mined because of difficulty increases.  The good thing is that if the difficulty rises to say 50, you will still get a few hundred coins.  Eventually, it will be 100 coins per block.

We need to support the coin, and hope it gets on an exchange in the next few MONTHS.   

The guy who released the coin is offering 200K GLD for an exchange, and around 350K GLD for other bounties.  Problem is 10K coins looks like a few $$ now - but if we keep mining and kep supporting Gold Coin, that 10K could be worth 5K USD or better if it trades on a legitimate exchange in a few months.

AMEN TO THAT

I second that. I have stated before that jumping on an exchange so early would be just bad.

What I worry about even more is if there is an exchange for this... that the idiots with the thousands of coins will just bulk sell and creator the price even more.

That's true, however, if we don't have an exchange for a while, people will start to lose hope in the coin.
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May 18, 2013, 04:37:45 PM
 #463

ya so an exchange will be better sooner then later
AZIZ1977
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May 18, 2013, 04:39:39 PM
 #464

yes we need an exchange.
BitcoinBoard
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May 18, 2013, 04:45:34 PM
 #465

And one for an avatar Smiley



Updating my avatar now Cheesy

Bitcoin (BTC) Adress: 1EJMCFdJMsNmp9jtSztnwu9yErRj1KAATc
Litecoin (LTC) Adress: LiTakTnY9Qv71GqQbpGpEbN39e5aQyqLGX
blazin8s
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May 18, 2013, 04:49:55 PM
 #466

I sent a message to Bter.com politely asking them if they could add Goldcoin.  We shall see.  Smiley

And yes I love the new logo and avatar, great job 1Peter & Bitcoinboard  Grin

Now we have to get the pic installed in an updated wallet.

oh, and you guys are all awesome, I love the enthusiasm, this coin is going places, for sure.   Cool
AZIZ1977
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May 18, 2013, 04:51:32 PM
 #467

I sent a message to Bter.com asking them if they could add Goldcoin.  We shall see.  Smiley

And yes I love the new logo and avatar, great job 1Peter  Grin

I am also going to mail them.
1Peter
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May 18, 2013, 04:52:00 PM
 #468

And one for an avatar Smiley



Updating my avatar now Cheesy

Nice!! Wink
1Peter
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May 18, 2013, 04:53:08 PM
 #469

And yes I love the new logo and avatar, great job 1Peter  Grin

Thanks!
xibeijan
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May 18, 2013, 04:54:09 PM
 #470

I think 100GLD/1LTC is a fair trade!

Agreed.

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May 18, 2013, 04:55:11 PM
 #471

Made a quick logo for it. I know it is not the best, but I think it is more then we currently have.



I also have a big version, if anyone wants it just pm me or something.

Tips can be send to my GLD Adress: Dxd2sgD3pYVD5kEvn7sBGoXc9znPXdCLyb

Hope u guys like it

That's fantastic looking!

xibeijan
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May 18, 2013, 04:55:42 PM
 #472

I like it although not sure about the shadow.. how about this;



Even better.

blazin8s
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May 18, 2013, 04:56:17 PM
 #473

I sent a message to Bter.com asking them if they could add Goldcoin.  We shall see.  Smiley

And yes I love the new logo and avatar, great job 1Peter  Grin

I am also going to mail them.

Awesome Cheesy

I think the shadow looks great on the avatar, it brings it out a bit.
AZIZ1977
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May 18, 2013, 04:57:20 PM
 #474

I like it although not sure about the shadow.. how about this;



Even better.

Yes this one is much beter.
btceic
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May 18, 2013, 04:57:55 PM
 #475

I sent a message to Bter.com asking them if they could add Goldcoin.  We shall see.  Smiley

And yes I love the new logo and avatar, great job 1Peter  Grin

I am also going to mail them.

Awesome Cheesy

tweeted btc-e requesting gldcoin be added

♫ This situation, which side are you on? Are you getting out? Are you dropping bombs? Have you heard of diplomatic resolve? ♫ How To Run A Cheap Full Bitcoin Node For $19 A Year ♫ If I knew where it was, I would take you there. There’s much more than this. ♫ Track Your Bitcoins Value
kr4x
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May 18, 2013, 05:07:16 PM
 #476

I sent a message to Bter.com asking them if they could add Goldcoin.  We shall see.  Smiley

And yes I love the new logo and avatar, great job 1Peter  Grin

I am also going to mail them.

Awesome Cheesy

tweeted btc-e requesting gldcoin be added

+1
sumantso
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May 18, 2013, 05:10:05 PM
 #477

Maybe try a less fancy exchange like Cryptonit? Every new alt coin holders will be mailing Bter and they certainly won't pick Goldcoin unless their palms are greased.

BitshireHashaway
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May 18, 2013, 05:11:38 PM
 #478

yes we need an exchange.

ya so an exchange will be better sooner then later

Yes, I agree we should have it sooner, because even if we have it later, the people will do the same thing. Another thing that may be a good idea (I'm considering doing this) is purchasing coins from everyone selling them at 1LTC/10,000. Most of these people don't have more than a few LTC worth, and then I can give them out as gifts or such to people helping the currency.
kr4x
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May 18, 2013, 05:13:18 PM
 #479

yes we need an exchange.

ya so an exchange will be better sooner then later

Yes, I agree we should have it sooner, because even if we have it later, the people will do the same thing. Another thing that may be a good idea (I'm considering doing this) is purchasing coins from everyone selling them at 1LTC/10,000. Most of these people don't have more than a few LTC worth, and then I can give them out as gifts or such to people helping the currency.

that is a very good idea
AZIZ1977
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May 18, 2013, 05:14:14 PM
 #480

yes we need an exchange.

ya so an exchange will be better sooner then later

Yes, I agree we should have it sooner, because even if we have it later, the people will do the same thing. Another thing that may be a good idea (I'm considering doing this) is purchasing coins from everyone selling them at 1LTC/10,000. Most of these people don't have more than a few LTC worth, and then I can give them out as gifts or such to people helping the currency.

I am with you on that. I am also going to start buying the coins up.
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