Gold Coin (GLC) Info Thread - The Gold Standard of Digital Currency [NEW THREAD]

[kelsey]

only 9 blocks now they cranked up the power

[Hydroponica]

I like the name of this coin because its finite just as gold is but the 500block reward is off putting, some one should create GLD 2.0 with 1min30sec blocks, Retarget every 1200blocks to prevent massive dumping, 50 coin block reward, and 500mil total coins. Start would have ascending block rewards from 10, 15, 25, 50. You guys start something like this and i'll be all over it

The retarget time has been decreased to less than that. If I knew how to make my own crypto-currency I would, but I don't have the knowledge. However, if you think about it a 500 block reward is just 10x of your 50 so the value is just 1/10th.

Yah I agree was thinking about it and retarget should be quicker maybe same as DGC they seem to prevent massive dumps with it. I think 50coins would be better to prevent GLD from inflating to fast like it has already done. Ohh another thing I would add is bonus blocks from 100-500coins random which would mimic real life mining like back during the old gold rush days.
[/quote

The retarget has been decreased which should do what DGC does. 50 coins I don't think will make much of a difference. The bonus blocks would cause many people to bash the coin even further in my honest belief.

You can not just change the block reward, from 500 to 50, genius. That would be the biggest premine, in history

[Dayne]

Glad to see a reliable member take over management of the coin. (Y)

[Hydroponica]

Glad to see a reliable member take over management of the coin. (Y)

Reliable? Man, you guys really are blind little sheep, aren't you? He is banning everyone, who disagrees with anything he is doing. He is artifically pumping, a dieing coin, which, will either kill it, or, give him such a large share of it, that it is no different from a giant premine. Pumping it up to a level, where it cannot be sustained without someone pumping BTC into it continuously, is just plain stupid.

[BitshireHashaway]

You do all realise if the new idiotguy keeps buying up before retarget then its basically the same as premining ?

No its not, because all of you have the ability to buy up. And I personally believe the price will drop because when the difficulty drops, mining profitability will go to close to 5000%. Many people will start mining, which will result in blocks going back to being completed every 2.5minutes as it was originally decided vs. the 20-30 minutes it is now. The large influx of coins, will cause the price to drop.

[kelsey]

so he keeping the hardfork quiet so the inner circle can quickly mine all to themselves when the difficulty drops?

[BitshireHashaway]

only 9 blocks now they cranked up the power

Down to 7!

[Mapuo]

Hahaha, the main forum noob has mils of GLD and trying to pump the pice with bumping this thread. Funny

[Majormax]

Hahaha, the main forum noob has mils of GLD and trying to pump the pice with bumping this thread. Funny

Maybe I'm a bit slow, but I can't work out who that is !!

[Hydroponica]

Hahaha, the main forum noob has mils of GLD and trying to pump the pice with bumping this thread. Funny

Nope, don't have any.

[BitshireHashaway]

Hahaha, the main forum noob has mils of GLD and trying to pump the pice with bumping this thread. Funny

Maybe I'm a bit slow, but I can't work out who that is !!

Neither can I:)

[Mapuo]

Hahaha, the main forum noob has mils of GLD and trying to pump the pice with bumping this thread. Funny

Nope, don't have any.

He ring the bells...

[Mapuo]

20:57:58

{
"blocks" : 21002,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 5.19117538,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 13160410,
"pooledtx" : 0,
"testnet" : false
}

[BitshireHashaway]

20:57:58

{
"blocks" : 21002,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 5.19117538,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 13160410,
"pooledtx" : 0,
"testnet" : false
}

At 21k Blocks. Finally:)

[Hydroponica]

Hahaha, the main forum noob has mils of GLD and trying to pump the pice with bumping this thread. Funny

Nope, don't have any.

He ring the bells...

[coinerer]

So, what important things has changed in GoldCoin production?

I see difficulty has fallen from about 7 to about 5 for now.

[dubs]

So, what important things has changed in GoldCoin production?

I see difficulty has fallen from about 7 to about 5 for now.

fuck all

[Hydroponica]

So, what important things has changed in GoldCoin production?

I see difficulty has fallen from about 7 to about 5 for now.

fuck all

Whoops, still not profitable. Quick, better hard fork it again

[Majormax]

GLD fork has been completed successfully. Difficulty adjusted gently, and will now be more responsive in future.

[Hydroponica]

This is to announce that we have just acquired GLDCOIN.COM for potential use as Official Website!

http://www.gldtalk.org/index.php?topic=54.0

How many websites do you people need?