GoldCoin™ (GLC) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD]

[fitinplace]

Sa ddam offered to add you guys todayd and I agreed!  GLD coin new member of Cryptopia family!   woooooooooooooo

[CryptoCanary]

Congratulations GoldCoin and the GoldCoin community! Great job!

You also freed up the top Weekly User Votes position for us at Sterlingcoin. So, thank you very much, indeed!

Again, congrats for getting onto Cryptopia and also, for having a very strong community.

[AZIZ1977]

Nice to see Goldcoin on https://www.cryptopia.co.nz exchange

[paputa]

i would setup a stratum proxy for mining solo with nicehash
https://www.nicehash.com/?p=asic ( i can't connect to the wallet, i think because can't support the stratum)
with getwork work

how can do?

[MicroGuy]

Goldcoin made it !
Thx to all Voters !
Goldcoin trading opened up !
Trade Goldcoins on Cryptopia Now !
https://www.cryptopia.co.nz/Exchange?market=GLD_BTC

It's extremely interesting how Crytopia was able to compile the daemon in just a few minutes without assistance, while c-cex was unable to do so after 2 days of assistance from our developer. You can learn a lot about exchanges by these sorts of observations.

[Japa]

Does Wallet mining work with GLD and how does it work if it does work? I ran it over night and it seems like nothing happened, but when I check the generated blocks every once in a while it says 'Last received block was generated X seconds ago'. And it says 'mining at 0 hashes per second'.

Edit:
I just got it up to 2000 hashes per second. So it might work now.

[MicroGuy]

Does Wallet mining work with GLD and how does it work if it does work? I ran it over night and it seems like nothing happened, but when I check the generated blocks every once in a while it says 'Last received block was generated X seconds ago'. And it says 'mining at 0 hashes per second'.

Edit:
I just got it up to 2000 hashes per second. So it might work now.

Good luck! You will probably needs an ASIC to find a block! 

[pazor_true]

gld price is falling 0.000015 to 0.0000095 continously
what is happen ?

[MicroGuy]

gld price is falling 0.000015 to 0.0000095 continously
what is happen ?

There are more people selling than there are buying @ Cryptsy. When that happens, the price goes lower.

The price on Cryptopia is much higher! Currently 1440 Satoshis

https://www.cryptopia.co.nz/Exchange

[Japa]

Does anyone know what the server is for http://gld.cryptcoins.net ? Port is 5533, but what is the server?

[Japa]

gld price is falling 0.000015 to 0.0000095 continously
what is happen ?

More people have to share the news about GLD being on the exchange. Since right now it is mainly just people mining who know about it, they will go there to sell coins. If more people learn about Cryptopia accepting GLD who don't have any, then they will start buying them and the price will go up.

[MicroGuy]

gld price is falling 0.000015 to 0.0000095 continously
what is happen ?

More people have to share the news about GLD being on the exchange. Since right now it is mainly just people mining who know about it, they will go there to sell coins. If more people learn about Cryptopia accepting GLD who don't have any, then they will start buying them and the price will go up.

If your objective is to make the price go upward, this is correct. However, I think it's good the price is low since it let's others invest for cheap prices.

[MicroGuy]

Payroll wages have now been paid to all active Goldcoin workers for the week of October 18h, 2015.

https://coinsplit.io/scheme/381/

[alt19]

estimated altcoin inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thank you

[shveicar]

Hi.
It assumed there any change in this coin (total 123 million coins in the system and clean POW), or it will remain a ordinary coin with sonorous name?

[MicroGuy]

All the information needed should be in the OP of this thread. There are no plans to change the coin inflation rules at this time.

[MicroGuy]

I'm refocused, re-energized, and ready to get back to work making GoldCoin (GLD) great again! Teamwork is the answer!

[AZIZ1977]

Goldcoin block reward has dropped from 45 to 31.

[alt19]

All the information needed should be in the OP of this thread. There are no plans to change the coin inflation rules at this time.

2.0 minute block targets

Block rewards in order:
Blocks 1 – 200 = 10,000 GLD
Blocks 201 – 2,200 = 1,000 GLD
Blocks 2,201 – 44,999 = 500 GLD
Starting Block 45,000 rewards drops to 45 GLD
Reward is then reduced each year using the following formula:
50 divided by (1.1 + 0.49*every year thereafter)

so 30*24*365=262,800 blocks per year
block rewards
31.44654088 2015-2016
24.03846154 2016-2017
19.45525292 2017-2018
16.33986928 2018-2019
14.08450704 2019-2020
12.37623762 2020-2021
11.03752759 2021-2022
9.960159363 2022-2023
9.074410163 2023-2024
8.333333333 2024-2025

+ 41,035,247.57 coins over the next 10 years
available supply now is 34,797,100 GLD
so it will be approximately 75 million GLD in 2025,
is this correct?

[MicroGuy]

Payroll wages have now been paid to all active Goldcoin workers for the week of October 25, 2015.



Active Workers Past Week ($10=3,500 GLD)

CryptoSolar = 1d125761c8907211a3aa47e9fc114486e466fa8ece72c875fc4a68c4804f0644
Blawpaw = bce053cd1f049385ddf9dfc70840f30d22520fde63f5755cf56d70c926c0b953