|
BitshireHashaway
|
 |
May 18, 2013, 04:34:58 PM |
|
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 $$ now - but if we keep mining and kep supporting Gold Coin, that 10K could be worth 5K USD or better if it trades on a legitimate exchange in a few months.
AMEN TO THAT I second that. I have stated before that jumping on an exchange so early would be just bad. What I worry about even more is if there is an exchange for this... that the idiots with the thousands of coins will just bulk sell and creator the price even more. Great way to put it guys. I see two things as happening. One those people get tired from a lack of buy offers and sell any. We need to make an exchange with a standard price for example 100GLD/1LTC and 3000GLD/LTC or something similar (these are prices I saw floating around). |
|
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
BitshireHashaway
|
|
May 18, 2013, 04:35:51 PM |
|
All - we need to stop trying to sell this coin for like 1 LTC for 10K GLD.
The thing with this coin is that its "front loaded". Think of it like a blockbuster film that makes $180 million opening weekend, and then drops 65% he second week, and 50% the next etc.
But with this coin, the value will rise as LESS coins are being mined because of difficulty increases. The good thing is that if the difficulty rises to say 50, you will still get a few hundred coins. Eventually, it will be 100 coins per block.
We need to support the coin, and hope it gets on an exchange in the next few MONTHS.
The guy who released the coin is offering 200K GLD for an exchange, and around 350K GLD for other bounties. Problem is 10K coins looks like a few $$ 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. |
|
|
|
|
kr4x
Member
 Offline
Activity: 112
Merit: 10
|
|
May 18, 2013, 04:37:45 PM |
|
ya so an exchange will be better sooner then later
|
|
|
|
|
|
AZIZ1977
|
|
May 18, 2013, 04:39:39 PM |
|
yes we need an exchange.
|
|
|
|
|
|
BitcoinBoard
|
|
May 18, 2013, 04:45:34 PM |
|
And one for an avatar   Updating my avatar now  |
Bitcoin (BTC) Adress: 1EJMCFdJMsNmp9jtSztnwu9yErRj1KAATc
Litecoin (LTC) Adress: LiTakTnY9Qv71GqQbpGpEbN39e5aQyqLGX
|
|
|
|
blazin8s
|
|
May 18, 2013, 04:49:55 PM
Last edit: May 18, 2013, 05:00:03 PM by blazin8s |
|
I sent a message to Bter.com politely asking them if they could add Goldcoin. We shall see. And yes I love the new logo and avatar, great job 1Peter & Bitcoinboard  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.  |
|
|
|
|
|
AZIZ1977
|
|
May 18, 2013, 04:51:32 PM |
|
I sent a message to Bter.com asking them if they could add Goldcoin. We shall see. And yes I love the new logo and avatar, great job 1Peter I am also going to mail them. |
|
|
|
|
1Peter
Member
Offline
Activity: 70
Merit: 10
|
|
May 18, 2013, 04:52:00 PM |
|
And one for an avatar Updating my avatar now Nice!!  |
|
|
|
|
1Peter
Member
Offline
Activity: 70
Merit: 10
|
|
May 18, 2013, 04:53:08 PM |
|
And yes I love the new logo and avatar, great job 1Peter Thanks! |
|
|
|
|
xibeijan
Legendary
Offline
Activity: 1232
Merit: 1001
|
|
May 18, 2013, 04:54:09 PM |
|
I think 100GLD/1LTC is a fair trade!
Agreed. |
|
|
|
xibeijan
Legendary
Offline
Activity: 1232
Merit: 1001
|
|
May 18, 2013, 04:55:11 PM |
|
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
Legendary
Offline
Activity: 1232
Merit: 1001
|
|
May 18, 2013, 04:55:42 PM |
|
I like it although not sure about the shadow.. how about this;  Even better. |
|
|
|
|
blazin8s
|
|
May 18, 2013, 04:56:17 PM |
|
I sent a message to Bter.com asking them if they could add Goldcoin. We shall see. And yes I love the new logo and avatar, great job 1Peter I am also going to mail them. Awesome I think the shadow looks great on the avatar, it brings it out a bit. |
|
|
|
|
|
AZIZ1977
|
|
May 18, 2013, 04:57:20 PM |
|
I like it although not sure about the shadow.. how about this; Even better. Yes this one is much beter. |
|
|
|
|
|
btceic
|
|
May 18, 2013, 04:57:55 PM |
|
I sent a message to Bter.com asking them if they could add Goldcoin. We shall see. And yes I love the new logo and avatar, great job 1Peter I am also going to mail them. Awesome tweeted btc-e requesting gldcoin be added |
|
|
|
kr4x
Member
Offline
Activity: 112
Merit: 10
|
|
May 18, 2013, 05:07:16 PM |
|
I sent a message to Bter.com asking them if they could add Goldcoin. We shall see. And yes I love the new logo and avatar, great job 1Peter I am also going to mail them. Awesome tweeted btc-e requesting gldcoin be added +1 |
|
|
|
|
sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
|
|
May 18, 2013, 05:10:05 PM |
|
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
|
|
May 18, 2013, 05:11:38 PM |
|
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
Member
Offline
Activity: 112
Merit: 10
|
|
May 18, 2013, 05:13:18 PM |
|
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
|
|
May 18, 2013, 05:14:14 PM |
|
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. |
|
|
|
|
|
