[NLG] The even greater Gulden thread!

[StatusQ]

I am going to invest a small amount of btc into witnessing, place sell orders on bittrex at 115 or below and I will buy some coins. Between 100 000 and 150 000 no jokes.

I can see all the Nocks traders foaming at the mouth to sell 150 000 coins to you. You dealing with the poorest community in crypto as Rijk chased all the rich investors away.

They welcome to sell, 0.15 btc is not going to kill me if it's all lost.

[1714868920]

1714868920

[Danuberiver]

They made a good decision not to change the reward to 120 with SIGMA release or price would be dropping 20% due to faster supply on the market. Rijk finally understands!!

[The Fraction]

They made a good decision not to change the reward to 120 with SIGMA release or price would be dropping 20% due to faster supply on the market. Rijk finally understands!!

In a few blocks it will, after 1030000

[StatusQ]

Placed my bid at 112, sell, don't sell, I don't care. Want to try witnessing.

[StatusQ]

They made a good decision not to change the reward to 120 with SIGMA release or price would be dropping 20% due to faster supply on the market. Rijk finally understands!!

In a few blocks it will, after 1030000

Forgot about the reward change, lowered my buy order 20%

[Tsegicalicol]

From slack announcement.

New reward is not 120 but 110. 50 miner, 20 witness and 40 Dev.  They had problem with changing witness reward but good news is reward only went up 10%.

Rijks checklist for new rewards.

1. Bad for traders. Increase block reward. Check
2. Bad for miners. Decrease mining reward. Check
3. Bad for witness. Forget to change witness to 30. Check
4. Good for me. Give me 40 coins per block. Check.

Rijk is not receiving the 40 nlg directly. It is going to a address that the community appointed GAB members have control of. I would of sold long ago if the funds were planned to go to Rijk.

Most of the funding will go to Malcolm and the other developers and if the price goes higher they have promised marketing. Other developers can also develop for Gulden or create valuable services for Gulden and get funding.

[GadgetMasterLTC]

SIGMA is going live at 4pm today in the Netherlands. GMT +2. Only 6 more hours and 11500 more coins for the mining pools before mining is taken over by ordinary citizens like early days of bitcoin.  

I am documenting this fail decision in the event any other numbnuts coins wants to switch off scrypt. Your coins price won't do shit but fuck I will laugh my ass off if the price goes down!!!

Tonight I go to sleep knowing that I was right and scrypt miners got screwed over for no reason. The outcome was logical but this is evidence that changing algorithms is not a solution for higher prices.

I will do my laugh my ass off post at the end of the week.

[Danuberiver]

SIGMA is going live at 4pm today in the Netherlands. GMT +2. Only 6 more hours and 11500 more coins for the mining pools before mining is taken over by ordinary citizens like early days of bitcoin.  

I am documenting this fail decision in the event any other numbnuts coins wants to switch off scrypt. Your coins price won't do shit but fuck I will laugh my ass off if the price goes down!!!

Tonight I go to sleep knowing that I was right and scrypt miners got screwed over for no reason. The outcome was logical but this is evidence that changing algorithms is not a solution for higher prices.

I will do my laugh my ass off post at the end of the week.

All the mining coins are selling on Nocks. This is the main change from Scrypt to Sigma, the new miners trade on Nocks. 10% increase supply is easy to predict the price going lower, if reward decreased 20% the price would go higher. This is easy math.

[HuangWan]

This is nice coin to mine. After 3 month will get coin on new exchange.

[Henis]

I will buy more coins when the price drops > 10% to make up for the increased reward.

[StatusQ]

Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.

[Weas89Trf]

Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.

On slack Bart mentioned Bittrex has been notified to update. Nocks is working good if you need to get more coins, they also have a bitcoin pairing with NLG if you not from Europe.

[fallen0987]

Has anyone started mining Gulden with the new software release.  From what I'm understanding is SIGMA allows you to mine Gulden on your computer.  I have not seen any instructions on how to do this.  Can someone please send me the instructions on how to mine using your wallet or walk me through the process?

[KrustyTheClown]

Has anyone started mining Gulden with the new software release.  From what I'm understanding is SIGMA allows you to mine Gulden on your computer.  I have not seen any instructions on how to do this.  Can someone please send me the instructions on how to mine using your wallet or walk me through the process?

1 common thing with all these coins is you have to be a rocket scientist to use any of the software. The bittrex wallets is easy to understand and i keep my coins in this wallet.

[Henis]

Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.

Is this a good price to buy Gulden or will the price correct under 0.007 in the short term?

[Dirkeeee]

De Gulden is terug, SIGMA is cool mensen!

[Danuberiver]

Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.

Is this a good price to buy Gulden or will the price correct under 0.007 in the short term?

Price was 0.008 before the 10% increase in reward, a good price is 0.0072. On bittrex 94 because of increase in bitcoin price. Safest is to buy with Euro at 0.0072.

With more supply money becomes less valuable, if gulden reduce by 50% then price would go to 0.016 and 220 on bittrex.

[Henis]

Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.

Is this a good price to buy Gulden or will the price correct under 0.007 in the short term?

Price was 0.008 before the 10% increase in reward, a good price is 0.0072. On bittrex 94 because of increase in bitcoin price. Safest is to buy with Euro at 0.0072.

With more supply money becomes less valuable, if gulden reduce by 50% then price would go to 0.016 and 220 on bittrex.

Can you explain why the price would drop 10% if only the reward went up 10%? The total supply is not going up 10%...

[PeterPicker]

Hi Guys,

Well what a let down.

Was looking forward to the new algo, BUT after 12 hours solid mining 8c/16t my peak speed is 8MH/s,, but drops to 10kh/s....
No other tasks running, and sysmon reports 98% dedicated to gulden.
So basically 12 hours later not one block.
Considering the diff is low, and nethash is low, this will only get much worse....completely pointless.
Clearly the random drops in hash need looking into, and without someform of pool, total fail.

Shame...was really looking forward to this.
J

Update....
So, finally won 2 blocks, first 1 is confirming (27 out of 101), 2nd one i had for about 20 mins, then is says non-accpeted....WTF (Status: 0/unconfirmed, not in memory pool).
OH, and in the last hour or two, the hashrate has jumped from 120mhs to over 680mhs.....hmm, i suspect some one has a gpu miner, or a server farm.....
Like i said, completely pointless upgrade without a pool and support.....

What does the memory slider even do? Has zero effect on hashrate on my Ryzen
Oh, and with 92% cpu, my last reported hashrate has been between 140khs and 168khs for nearly 40 mins, bringing down my average to 2.67mhs, with a max of 7.26 mhs.

Hopefully some one will come up with some answers soon
J

Network affect my brother. Many on slack finding blocks and very happy.

[Henis]

Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.

Is this a good price to buy Gulden or will the price correct under 0.007 in the short term?

Price was 0.008 before the 10% increase in reward, a good price is 0.0072. On bittrex 94 because of increase in bitcoin price. Safest is to buy with Euro at 0.0072.

With more supply money becomes less valuable, if gulden reduce by 50% then price would go to 0.016 and 220 on bittrex.

Can you explain why the price would drop 10% if only the reward went up 10%? The total supply is not going up 10%...

He or she is half right. Let me explain,

In a world of constants if gulden was getting $1000 of purchases per day and at a price of 100 satoshi the supply balanced at this price, you increase the daily supply by 10%  and you will need $1100 worth of buyers to maintain the same price of 100 satoshi.

It's not the total supply that counts but the daily supply sold on the markets.

Ok I wait for the price to drop to buy more.