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Author Topic: Gold Coin  (Read 72375 times)
thekidcoin
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May 20, 2013, 04:41:29 AM
 #581

How is GLD so cheap when there's less coins then WDC

There newer. And people are still ranting about the large amount originally released even though the wealth was shared.

Could you explain to me the differences between GLD and WDC since I here them used in the same sentence alot and people are for one or the other?
I don't want to bash worldcoin, even though I see its supporters, likely aligned with the creator bashing and spreading false rumors about other coins in threads, but I heard of a type of attack that can be used against the quick blocktime/confirmations.  Not sure if its true, but you have to ask yourself - why didn't bitcoin or litecoin have such low block times?  Anyone could have done it at any time, but never did.  Why?  its a very simple thing to do.

May be a great coin who knows.

GLDcoin was revolutionary in that it was the first front loaded coin, done so to spur an economy through donations, giveaways etc.  The Creator of Gold Coin has given away nearly 300K in coins.  I myself have given away around 50K.  It was also revolutionary to release the coin in the Noob section in order to give small miners a chance before the big miners attacked it and caused the orphan fest we see with new releases.

If a release doesn't have orphans, then its not really being mined that hard...

1MYL967PR52xiNtqSP9WphRvPzKZDjBdxn
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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BitshireHashaway
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May 20, 2013, 04:45:21 AM
 #582

Well put thekidcoin. I've given away 30k+ and what I have I've gotten from donations (for projects and such). I haven't given away any. I see some people nagging about the large amount that was released in the beginning but I know I've sent over 100 individual people GLDCoins, helped fund the faucet, ect. I've given away more than I currently own and frankly the way I multiple what I have right now is using bitgrenade.net Wink... its not that risky if you plan ahead:).

I'm really a lot more interested in getting this coin ahead versus making some profit for myself. This is the first time I've been around and paid attention when an AltCoin was released (yes I'm that new), and I want to see it be successful. Frankly even if I made $200, it would be less than minimum wage for me based on the time I've put in to this.
Sting17
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May 20, 2013, 10:59:19 AM
 #583

Has the difficulty gone up on this coin? I mined for 7 hours yesterday for 1.5k and today only 1.3 GLD coinsor is my luck just bad Tongue

on a better note, i'm really loving GLDcoin keep up the good work everyone. Attention has been really great, we just need an exchange now.

IMPORTANT GOLDCOIN INFORMATION | Official Gold Coin Website | Official Gold Coin Forum

LTC - LQRSRKHxfv22krMsLw8jsKoSYnnsWpVqAQ | GLD - E4EjCsEgYLsvQRVFuGyJPNwfWNioFxhZv5
AZIZ1977
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May 20, 2013, 12:00:23 PM
 #584

Has the difficulty gone up on this coin? I mined for 7 hours yesterday for 1.5k and today only 1.3 GLD coinsor is my luck just bad Tongue

on a better note, i'm really loving GLDcoin keep up the good work everyone. Attention has been really great, we just need an exchange now.

Difficulty is rising and in a few weeks it will be very hard to mine them.
kr4x
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May 20, 2013, 12:00:58 PM
 #585

yes so get in on the action now
Dayne
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May 20, 2013, 12:03:26 PM
 #586

Is there a place I can see the GLD network hash rate?
AZIZ1977
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May 20, 2013, 12:24:28 PM
 #587

Goldcoin hashrate

{
"blocks" : 15458,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 2.25688488,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 58922527,
"pooledtx" : 9,
"testnet" : false
}

The hashrate is still rising.
Dayne
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May 20, 2013, 12:34:02 PM
 #588

Goldcoin hashrate

{
"blocks" : 15458,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 2.25688488,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 58922527,
"pooledtx" : 9,
"testnet" : false
}

The hashrate is still rising.

So is that 58.9 megahash?
BitJohn
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May 20, 2013, 12:35:12 PM
 #589

still cant sell my 700 GDC Tongue
1Peter
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May 20, 2013, 12:46:47 PM
 #590

still cant sell my 700 GDC Tongue

What do you want for them.. realistically Wink
truckythin
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May 20, 2013, 03:53:25 PM
 #591

can someone update list of pools for DLG?
still looking for professional pool like dontmine.me

BitcoinBoard
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May 20, 2013, 04:04:17 PM
 #592

GLDCoin is gaining more attention as we speak, and hashrate is also rising!

Bitcoin (BTC) Adress: 1EJMCFdJMsNmp9jtSztnwu9yErRj1KAATc
Litecoin (LTC) Adress: LiTakTnY9Qv71GqQbpGpEbN39e5aQyqLGX
BitshireHashaway
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May 20, 2013, 05:58:47 PM
 #593

Has the difficulty gone up on this coin? I mined for 7 hours yesterday for 1.5k and today only 1.3 GLD coinsor is my luck just bad Tongue

on a better note, i'm really loving GLDcoin keep up the good work everyone. Attention has been really great, we just need an exchange now.

Difficulty is rising and in a few weeks it will be very hard to mine them.


Good, so this will cause the price to rise.
BitshireHashaway
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May 20, 2013, 06:01:16 PM
 #594

Goldcoin hashrate

{
"blocks" : 15458,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 2.25688488,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 58922527,
"pooledtx" : 9,
"testnet" : false
}

The hashrate is still rising.

So is that 58.9 megahash?

yeah. it was 30mh a few days ago. woot, rapid growth:)
BitshireHashaway
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May 20, 2013, 06:01:32 PM
 #595

still cant sell my 700 GDC Tongue

What do you want for them.. realistically Wink

I'll take them... for a realistic price, PM me.
afroman1131
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May 20, 2013, 06:02:01 PM
 #596

Hash rate has dropped 6.62MH/s from yesterday   Embarrassed

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BitshireHashaway
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May 20, 2013, 06:02:11 PM
 #597

can someone update list of pools for DLG?
still looking for professional pool like dontmine.me



me too:). I'm looking forward to a more professional pool. trying to get coinotron.com to do it.
BitshireHashaway
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May 20, 2013, 06:02:53 PM
 #598

where do you find out the hashrate?
afroman1131
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May 20, 2013, 06:04:50 PM
 #599

where do you find out the hashrate?

Go to your wallet, go to help, debug window, console then type in getmining info and something like this will pop up

{
"blocks" : 15555,
"currentblocksize" : 7590,
"currentblocktx" : 14,
"difficulty" : 2.25688488,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 47828520,
"pooledtx" : 14,
"testnet" : false
}

divide the networkhashps by 1000 to get KH/s then 1000 again to get MH/s

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BitshireHashaway
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May 20, 2013, 06:07:47 PM
 #600

Thanks afroman1131. I really appreciate it, I found it:).
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