[NLG] The even greater Gulden thread!

[Toldyouso]

This coin is bad, almost out of top 1100 on coinmarketcap. I wish I could stop my 2 witness accounts and sell but I am trapped.
This 160 reward with no halving and max supply is killing this coin and only benefits the developers. Why do they have different rules for the other coin?

The Gulden blockchain is fine, rushed decisions on the development rewards due to shortage of funds without thinking of the long term ramifications is the problem. My position has changed on development funding and it is good to secure Malcolm and bring in new developers to assist due to key man reliance.

Bring the blockchain into sync using the original halving times and supply / ratio that was intended by Rijk.

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[Enriquerow]

This coin is bad, almost out of top 1100 on coinmarketcap. I wish I could stop my 2 witness accounts and sell but I am trapped.
This 160 reward with no halving and max supply is killing this coin and only benefits the developers. Why do they have different rules for the other coin?

The Gulden blockchain is fine, rushed decisions on the development rewards due to shortage of funds without thinking of the long term ramifications is the problem. My position has changed on development funding and it is good to secure Malcolm and bring in new developers to assist due to key man reliance.

Bring the blockchain into sync using the original halving times and supply / ratio that was intended by Rijk.

What about Novo, don't you think this has caused Gulden damage?

[Toldyouso]

This coin is bad, almost out of top 1100 on coinmarketcap. I wish I could stop my 2 witness accounts and sell but I am trapped.
This 160 reward with no halving and max supply is killing this coin and only benefits the developers. Why do they have different rules for the other coin?

The Gulden blockchain is fine, rushed decisions on the development rewards due to shortage of funds without thinking of the long term ramifications is the problem. My position has changed on development funding and it is good to secure Malcolm and bring in new developers to assist due to key man reliance.

Bring the blockchain into sync using the original halving times and supply / ratio that was intended by Rijk.

What about Novo, don't you think this has caused Gulden damage?

I have no comment on the other coin, I have only been interested in a couple of country coins outside of bitcoin as they have a niche market that has the potential to be useful, besides a noticeable slow down in development due to the other coin it's not the reason for the lower price. There is thousands of other coins individuals can invest in. It's the blockchain settings that is placing constant stress on the markets because there is no future compensation for investors who want to take early risks.

I was prepared to take risks on Gulden when the original settings was in place, including spending lots of bitcoin on mining to help keep the blockchain moving, funding projects and keeping traders that had no interest in Gulden from manipulating the price.

[Tsegicalicol]

Gulden is getting a lot of buy support at these prices, the users who don't want a reward change are showing the max supply and rewards don't need to be reduced. There is a month worth of buy support above 18 on bittrex, if they can keep the btc in place to soak up the dumps while new users also place btc down the price could go up.  

Sorry for you doxoliday!

[MyGuldenReset]

Gulden is getting a lot of buy support at these prices, the users who don't want a reward change are showing the max supply and rewards don't need to be reduced. There is a month worth of buy support above 18 on bittrex, if they can keep the btc in place to soak up the dumps while new users also place btc down the price could go up.  

Sorry for you doxoliday!

It's a desperate measure to try salvage some faith of a recovery but Gulden is failing to run with this Bull cycle, it is left behind in the dust, can't maintain a top 1000 rank while the devs keep the reward fund trough open without any burning to counteract this (With a coin burn). The only way this sat price is going any higher if btc crashes and that would not be indicative of a Bull cycle.

You have people in the community like Robby (God bless his soul) who is doing his best but no one will be interested when they look at how the supply/reward structure is setup. After a year of no progress in price this guy will lose motivation and move on with his life.

Then you have people like Nick who don't think a burn will work but is buying Novo like no tomorrow because a "burn doesn't work".  The hypocrisy gives me a chuckle.

No one is listening to you because you insult and talk down to people. If it has to change I prefer toldyouso's approach at least it is well thought out, burning coins for the sake of burning is a desperate measure.

[RijkRunsTheBoard]

Nothing has changed in 7 years , except new lambs to the slaughter and a new round of angry investors, this must be the pre dev reward batch, Rijk has worked out that the next batch will be far smaller for Gulden and had to create a new coin to convince the same investors this one will make you money.

Rijk has played a good game with Malcolm as his trophy developer to add legitimacy to his personal goals.

Its easy to see when you don't have any stake in the game.

[MyGuldenReset]

I call it smart hiring from Rijk re Malcolm and Novo has made investors profit. Up 18 times the price in three weeks.

[Crossfit]

Guldens bad performance is mainly a combination of the steady rewards until 1.68 billion is done, the other problem is the same community buying Novo and less money for buying Gulden. I don't care much for profit BUT if your buying power has split then a change is warranted for those few having to support the prices on the exchanges.

For the above reasons I can't promote Gulden to my contacts (family and friends) because they need to have a portfolio that is capable of growing. I am in a much more fortunate position financially that I wouldn't care if the price went to zero or the developers left

With all the whiners on this forum they were expecting more and seeing the other coins grow is not helping.

[TheCanadianBach]

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

[Protwoco]

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

How does a decentralized coin like syscoin raise dev funding for all that development? I can understand how tokens do it but how do those developers make money.

[JwJimJim]

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

How does a decentralized coin like syscoin raise dev funding for all that development? I can understand how tokens do it but how do those developers make money.

I chatted to Danosphere quite a bit in 2014 and 2015. They invested and mined syscoin in the start, they hard workers and made sure to make plans for alternative income through the marketplace and blockfoundry. Blockfoundry has raised $10 million for syscoin funding last month, same team.

Another example is the GRS devs who have full time employment or run other businesses that only work on GRS part time.

[TheCanadianBach]

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

How does a decentralized coin like syscoin raise dev funding for all that development? I can understand how tokens do it but how do those developers make money.

I chatted to Danosphere quite a bit in 2014 and 2015. They invested and mined syscoin in the start, they hard workers and made sure to make plans for alternative income through the marketplace and blockfoundry. Blockfoundry has raised $10 million for syscoin funding last month, same team.

Another example is the GRS devs who have full time employment or run other businesses that only work on GRS part time.

Syscoin devs admit 3 years ago they had funding constraints but also said the adversity helped them find ways of alternative income and funding.

[MyGuldenReset]

Gulden is part of a few of many 100s of coin that was created since 2014 and still around today. 99% has no development and put into the dead zone for all eternity.

[Disbelief]

Gulden has become the Vrijheidswijk-West of the crypto world.

[TheCanadianBach]

Gulden has become the Vrijheidswijk-West of the crypto world.

What is Vrijheidswijk-West ?

[Disbelief]

Gulden has become the Vrijheidswijk-West of the crypto world.

What is Vrijheidswijk-West ?

Its where all the Gulden investors end up living.

[MyGuldenReset]

I am getting tired of all the complaints on slack and here. You all had the chance to leave Gulden like LeftNLG and TheCanadianBach and that is there right to do so. No one forces people to stay with Gulden, aslong is there is enough people supporting the development rewards the coin will safely continue.

I knew Gulden wasn't going to make profit which is why I invested in other coins I don't care about but I still hold Gulden for the long term because I still like what it stands for.

[StatusQ]

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

I invested in syscoin since early 2019, legend team. One in a million, they have achieved funding without having to resort to using a premine or mint funding with each block while still getting the coin listed onto multiple exchanges. They didn't expect the community or investors to do this. they realize the people that invest in their coin have jobs and other careers that they can't give the time needed where I get the impression the Gulden developers think the community is available 24/7 to make decisions and be responsible for the coins future while they take half the reward as funding.

The CMC rankings tells the story, syscoin deserve the top 300 ranking they have and more!

Also what's up with the gulden developers creating a new blockchain?

[Toldyouso]

You should have a look at syscoin if you like Gulden. In 2019 they reduced their block reward and added a 5% reward reduction annually.
Master nodes get 75% of the reward and miners 25%. They have a governance system where longer term masternodes get rewarded more.

I sold my Gulden for syscoin in 2020 and the coin has performed well in comparison. Gulden is still a good coin but without a reward reduction in the future after the devs increased the rewards by 80%, it left me hesitant to continue on and so far it looks like I made a good decision.

I invested in syscoin since early 2019, legend team. One in a million, they have achieved funding without having to resort to using a premine or mint funding with each block while still getting the coin listed onto multiple exchanges. They didn't expect the community or investors to do this. they realize the people that invest in their coin have jobs and other careers that they can't give the time needed where I get the impression the Gulden developers think the community is available 24/7 to make decisions and be responsible for the coins future while they take half the reward as funding.

The CMC rankings tells the story, syscoin deserve the top 300 ranking they have and more!

Also what's up with the gulden developers creating a new blockchain?

The developers can satisfy investors by putting the blockchain in sync, as it was originally intended by Rijk.

I am ok with the funding method however most people of average intelligence won't be thrilled about the current reward and supply settings.

[Danuberiver]

Although I finish selling the last of my Gulden this weekend I don't think it's a good idea for Gulden to change the rewards and let it run. EFL can still be the Dutch coin for scarcity and the foundation is in touch with a developer that is going to help EFL.
Gulden community has Novo as the scarcity coin, maybe time to let Gulden die and let Rijk focus on Novo?