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Author Topic: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD]  (Read 244011 times)
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MicroGuy
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July 26, 2017, 02:47:10 PM
 #1341

If you live anywhere near the St. Louis area, don't miss this exciting event on July 29th! #goldcoin #bitcoin


"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 01, 2017, 06:22:17 PM
 #1342

Download the latest versions of the p2pools GLD source code from: https://github.com/ilsawa?tab=repositories

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August 04, 2017, 08:56:38 PM
 #1343

GoldCoin (GLD) is now listed on Trading View!



https://www.tradingview.com/symbols/GLDBTC/

TradingView is one of the largest and most active trading communities on the web, with over 1,000,000 monthly active users from 100+ countries.


"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 07, 2017, 03:28:35 AM
 #1344

Sunday Meeting August 6th Highlights

Please find below highlights from Sunday's Skype meeting.

Note: The information below consists largely of my pre-meeting notes. Today's meeting went long and there were several topics discussed during the Q&A portion of the meeting not included below. If you want to be sure to catch everything, simply don't miss a meeting.  Tongue

Opening: "GoldCoin (GLD) is the world's first Hard Money. A super secure value store and cash payment system for the New Digital World."

1.  The protocol is fundamental. The underlying structure of anything will determine its behavior. When you change the protocol, you change everything. Most people don't think structurally, they think situationally.

2.  What the world wants is sovereign money; basically the antithesis of what we've had for the past 100 years. The only way this can be achieved is by means of the protocol. The only way this can be stopped is by means of the protocol. (thought: People that do not understand the protocol are ill equipped to take part in consensus voting.)

3.  Goldcoin is now supported by Trading View. Trading View is one of the largest and most active trading communities on the web, with over 1,000,000 monthly active users from 100+ countries. https://www.tradingview.com/symbols/GLDBTC/

4.  Goldcoin has met an area of market resistance at the 10 cent level. This is primarily due to the fact 10 cents is the all-time high, sans short term spikes. Order book ask depth indicates the strength of this resistance is weakening. Being on parity with the dime is also influencing this rut.

5.  Sabur who attended today's meeting has agreed to screen record the next community meeting. We have not decided whether this will be a live stream or simply recorded video and later published. Either way, we plan to make the August 20th meeting available for viewing on YouTube.

6.  Advertising. Albert Milligan has devised a social media advertising strategy that is now in its second week. This strategy involves capturing social media conversions by promoting our brand, our dedication to on-chain scaling, and strict adherence to the concepts outlined in Satoshi's original whitepaper.

Goldcoin is sovereign money. Its economic incentives shall remain unmolested, its permissionless and trustless character untarnished.

“The human spirit will not invest itself in a compromise.” ~ Robert Fritz

~~

Meetings are held every other Sunday @ 7:00 p.m. eastern time. For info on joining please visit: https://www.facebook.com/groups/goldcointalk/

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 09, 2017, 11:43:30 AM
 #1345

Gld x10 soon
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August 09, 2017, 01:57:24 PM
 #1346

Whats happend with gld in hash -to-coins? Im mining with 3 ghs and i recieve 0,5 every 5-10 min and sometimes at 20 min. Is something weird. Is it pool problem or blockchain? Thanks you in advanced.
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August 09, 2017, 04:43:59 PM
 #1347

As you can see GoldCoin in 1-2 years?
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August 09, 2017, 05:25:26 PM
 #1348

Whats happend with gld in hash -to-coins? Im mining with 3 ghs and i recieve 0,5 every 5-10 min and sometimes at 20 min. Is something weird. Is it pool problem or blockchain? Thanks you in advanced.

GoldCoin has a strip-mining defense system that requires new mining power be applied slowly over an extended period.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 10, 2017, 04:23:26 AM
 #1349

And when it will be fixed? I like this coin im mining it since 2016, and at the moment mining is not worth.
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August 10, 2017, 01:27:08 PM
 #1350

And when it will be fixed? I like this coin im mining it since 2016, and at the moment mining is not worth.

The system's behavior is by design.

Mining profitability is not always guaranteed and during periods of market volatility and/or increasing mining interest, calculating returns will be more complex.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 11, 2017, 02:33:27 AM
 #1351

What is the point of making three consecutive posts? Maybe when you hit 60 you'll get a lick of sense? Cool Tongue Kiss

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 11, 2017, 06:20:43 AM
 #1352

GoldCoin is faster than both BTC and LTC in terms of confirmation times and features an innovative 51% attack defense system.

https://bitcointalk.org/index.php?topic=317568.0
Block Targets:
2.5 minute block targets up till block 44,999
2 minute block targets thereafter
504 blocks per difficulty retarget up to block 44,999
60 blocks per difficulty retarget up to block 248,000
Difficulty retargets each block thereafter
Block Rewards:
Blocks 1 – 200 = 10,000 GLD
Blocks 201 – 2,200 = 1,000 GLD
Blocks 2,201 – 44,999 = 500 GLD
Block 45,000 reward drops to 45 GLD
Block xxx,xxx reward drops to 32 GLD
Block 372,000 reward drops to 4 GLD
Reward is then reduced each year using the following formula: 50 divided by (1.1 + 0.49*every year thereafter)
Total Blocks: 21,441,000
Total Premine: Zero (not premined)
Total Coins: 72,245,700
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August 12, 2017, 01:21:06 AM
 #1353

As Bitcoin devolves into a complex mess of overlapping systems, GoldCoin shall remain a shining example of trustless simplicity.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 12, 2017, 10:35:11 AM
 #1354

Well, You know, these days, more complexity, more money.  Grin
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August 13, 2017, 03:17:46 AM
 #1355

As Bitcoin devolves into a complex mess of overlapping systems, GoldCoin shall remain a shining example of trustless simplicity.
Rather off-topic: I'm new to Bitcointalk and Goldcoin. Saw the latter at WorldCoinIndex, had a quick look at the website, kind of like what I saw, and bought some GLD at Bittrex.

When I came here, was pleasantly surprised to see the first post - it's from late 2013...almost 4 years ago! This project may not be well-known but with this kind of mileage, it's evidence that GLD isn't some opportunistic altcoin meant only to enrich the creators.

I'm taking this a lot more seriously now. Will download and install the client on my desktop and Android phone. Plus continue to learn more. Not to mention buying more GLD from time to time.
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August 17, 2017, 11:41:47 PM
 #1356

As Bitcoin devolves into a complex mess of overlapping systems, GoldCoin shall remain a shining example of trustless simplicity.
Rather off-topic: I'm new to Bitcointalk and Goldcoin. Saw the latter at WorldCoinIndex, had a quick look at the website, kind of like what I saw, and bought some GLD at Bittrex.

When I came here, was pleasantly surprised to see the first post - it's from late 2013...almost 4 years ago! This project may not be well-known but with this kind of mileage, it's evidence that GLD isn't some opportunistic altcoin meant only to enrich the creators.

I'm taking this a lot more seriously now. Will download and install the client on my desktop and Android phone. Plus continue to learn more. Not to mention buying more GLD from time to time.

Thanks for posting your thoughts. Please let us know if you have any comments or questions. Welcome to Goldcoin!

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 21, 2017, 09:18:11 AM
 #1357

Sunday Meeting August 20th Highlights

Please find below highlights from Sunday's Skype meeting.

Note: The information below consists largely of my pre-meeting notes. There were several topics discussed during the Q&A portion of the meeting not included below. If you want to be sure to catch everything, be sure to catch the next meeting.

Opening: "GoldCoin (GLD) is the world's first Hard Money. A super secure value store and cash payment system for the New Digital World."

1.  Nova Exchange volume has been increasing lately and accounted for the second highest Goldcoin volume over the past 24 hours behind Bittrex. This is a positive sign indicating greater trading distribution.

2.  Mike Hearn has just released never-before-seen letters between himself and Satoshi Nakamoto. These letters provide the last remaining pieces of the puzzle. We now have the the entire blueprint for completing the vision of a trustless, permissionless currency (aka digital gold), and delivering it via the Goldcoin brand.

Source: https://bitcointalk.org/index.php?topic=2080206.0

3.  Today's meeting was recorded via screen capture and will be archived for possible publishing at a late date.

4.  As predicted at our last Sunday meeting, Goldcoin has broken through its 10 cents resistance level of 4 years. It appears that 10 cents is now a strong level of support. The Goldcoin price continues to demonstrate remarkable stability, considering the recent turbulence in Bitcoin, and continues its steady upward trajectory month over month.

5.  To ensure success we must remove all potential points of failure. As long as we are dependent on any device, exchange, provider, or individual, we are exposed and at risk. The internet is a prime example of proper decentralized scale. Goldcoin aims to be the internet of money. There is no other way to achieve unlimited scale.

 "Distributed, decentralized systems have an inherent power that literally obsoletes centralized systems. This is obvious even to the most casual observer. We have known this for decades. It was not until the arrival of the blockchain, however, that we had a tool capable of melding "decentralized" and "distributed" into a single unit within which no central authority whatsoever was necessary." ~ John McAfee

~~

Meetings are held every other Sunday @ 7:00 p.m. eastern time. For info on joining please visit: https://www.facebook.com/groups/goldcointalk/

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 23, 2017, 10:11:20 AM
 #1358

Hi.
Is Goldcoin planning any technological changes?
The market for many script coins is going through a crisis today, but GLD is holding pretty well, but do not you think that just just one POW technology today is already scarce for building a successful business model?

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
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August 23, 2017, 12:25:22 PM
 #1359

Hi.
Is Goldcoin planning any technological changes?
The market for many script coins is going through a crisis today, but GLD is holding pretty well, but do not you think that just just one POW technology today is already scarce for building a successful business model?

Over the years, Goldcoin has made several technological improvements and continues to evolve. Our marketcap is growing steadily at a rate of 10% month-over-month.

Amir has upgraded the currency’s blocksize to an optimal 2 MB, improved the protocol’s difficulty adjustment algorithm, and added an innovative strip-mining defense system. Our network currently has 10X the network capacity of the leading coin w/ 5X faster transactions. A major rebase is scheduled for the Fall which will be followed by a thin client for Windows.

It's important also to consider the consumer, who will ultimately be the true test, wants a currency that's familiar, secure, sovereign, easy to use, and fast. They generally have zero concern about which mining scheme is being utilized.




Block rewards in order:
Blocks 1 – 200 = 10,000 GLD
Blocks 201 – 2,200 = 1,000 GLD
Blocks 2,201 – 44,999 = 500 GLD
Block 45,000 reward drops to 45 GLD
Block xxx,xxx reward drops to 32 GLD
Block 372,000 reward drops to 4 GLD
Reward is then reduced each year using the following formula:
50 divided by (1.1 + 0.49*every year thereafter)
 Block replies seem pretty good. Not sure how long Goldcoin will last though

Total number of coins to be mined is 72,245,700 over an 85 year mining period.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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August 23, 2017, 05:40:03 PM
 #1360

Hi.
Is Goldcoin planning any technological changes?
The market for many script coins is going through a crisis today, but GLD is holding pretty well, but do not you think that just just one POW technology today is already scarce for building a successful business model?
Over the years, Goldcoin has made several technological improvements and continues to evolve. Our marketcap is growing steadily at a rate of 10% month-over-month.

Amir has upgraded the currency’s blocksize to an optimal 2 MB, improved the protocol’s difficulty adjustment algorithm, and added an innovative strip-mining defense system. Our network currently has 10X the network capacity of the leading coin w/ 5X faster transactions. A major rebase is scheduled for the Fall which will be followed by a thin client for Windows.

It's important also to consider the consumer, who will ultimately be the true test, wants a currency that's familiar, secure, sovereign, easy to use, and fast. They generally have zero concern about which mining scheme is being utilized.

It is interesting.
I agree that most of the users do not pay much attention to the specification of the coin and its technical characteristics.
But these users are well aware of the financial benefits which for they offer this or that crypto currency.
For example, there are coins that pay users annual interest rates (POS) or reward to large owners (Masternode holders).
What can you say about this?
Does the Goldcoin team have plans to use such technologies, encouraging large investors for your system?

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
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