[NLG] The even greater Gulden thread!

[Danuberiver]

The price has come down to make up for the increase in reward and future 10 increase for witness. It's safe to start buying at this levels for the future.

[Reallist]

The price has come down to make up for the increase in reward and future 10 increase for witness. It's safe to start buying at this levels for the future.

I know buyers selling for a major loss and walking away because of the increase in rewards. It makes each coin less valuable the more supply that comes onto the market. In the case of Digibyte they have a decrease in rewards by 1% compounded every month, the buyers know acquiring coins gets harder. I bring this up because they are used an example to say the supply is much higher then Gulden, this is due to more exchanges and trader access and rewards decreasing each month.

[CryptoObserver]

The price has come down to make up for the increase in reward and future 10 increase for witness. It's safe to start buying at this levels for the future.

I know buyers selling for a major loss and walking away because of the increase in rewards. It makes each coin less valuable the more supply that comes onto the market. In the case of Digibyte they have a decrease in rewards by 1% compounded every month, the buyers know acquiring coins gets harder. I bring this up because they are used an example to say the supply is much higher then Gulden, this is due to more exchanges and trader access and rewards decreasing each month.

The rewards might of swayed initial sentiment but if the team is using it to survive they will need to release another project like phase 4. I personally believe Gulden is close to a fiat floor in price like many other alts.

[HuangWan]

I have asked Yobit to sort out Gulden wallet. I can trade on this exchange.

Edit: Yobit looks to be Scam exchange
https://bitcointalk.org/index.php?topic=4327871.0

[Weas89Trf]

The Gulden board stated they will review the rewards after awhile and was some heated discussions about it but short term they needed the funding to keep the development going. Most people I speak with can't understand why people are willing to sell coins at these prices but they all say it's because of the reward increase. Is 100 to 110 really a big problem?

[Albert4Gulden]

Low prices are best for members who like Gulden, on slack users are wanting the price to stay low to buy a large amount without having to spend a lot. We getting bargain prices because the reward went up by 10. Thanks 

[KrustyTheClown]

I want to start my own coin called Krustycoin.

I need advice on rewards.

1. Start at 200 and drop 10 coin each year?
2. Start at 200 and increase 10 coin each year?

Which coin will investors like more?

[BannedFromSlack]

I want to start my own coin called Krustycoin.

I need advice on rewards.

1. Start at 200 and drop 10 coin each year?
2. Start at 200 and increase 10 coin each year?

Which coin will investors like more?

1. Start at 200 and drop 10 coin each year? Rest of the world
2. Start at 200 and increase 10 coin each year? Rijk and GAB

I am glad you making fun of this , it's easy to laugh when you have not invested in the coin. Raising the rewards betrays the trust of every holder because we accepted a reward rate of 100, by raising the reward rate it's no better then holding Euros or Dollars with quantitative easing. You debase the value of the currency.

You think we would be here today if bitcoin increased rewards by 50% every 4 years? It would never have gotten off the ground.

[TomPetty]

This will be my final post on bitcointalk, this coin is the only reason I still bothered with this forum. Look after MaNI and Gulden will be fine...
adiós

I am also going to stop posting because it does not help and we can't reach Rijk anymore to raise our concerns. The stress is also making me sick and depressed. I will chat on slack sometimes.

You sound like someone who invested their life savings into this coin, if you can't stomach ups and downs in the market then use DCA tactic. Buy what you can afford each month and make sure it doesn't affect your quality of life.

I purchased coins a week ago and the price is down, no stress because i didn't bust the bank, if it goes to zero then tough shit it was my mistake.

When you invest in a project you take the risk.

Why did I invest in Gulden, because the developers kept their promises and developed what they said they would.

[TraderXO]

I don't understand why the price is not falling.

Before 2020 the sat price will be over 200. You forget with Scrypt mining all the block rewards were sold on bittrex. SIGMA makes it that end users can mine and store coins, it will take another 2 weeks for traders and bots to workout that selling pressure has ceased on bittrex. The best you can hope for is one of the poor Dutch Gulden holders have to sell to buy food or pay for the rent at the end of the month but they look to be selling on Nocks.

Cointrader had this coin going over 200 sat at the btc price end of September (marketcap between $7.5m - 8.5M range) for December. Chart flipped at the start of October, does your trading platform still have the coin going over 200sat, my charts showing under 100 sat until next year?

[Jean.Luc]

I have asked Yobit to sort out Gulden wallet. I can trade on this exchange.

Edit: Yobit looks to be Scam exchange
https://bitcointalk.org/index.php?topic=4327871.0

I manage to get onto bittrex, PM for more info.

What is the best amount to use as witness? I want to put half coins into witness.

Try this calculator for witness.

https://www.dactual.com/witnesscalculator.php

[Albert4Gulden]

I like that I have involvement with Gulden and talking to the community on slack. Come and join us.

[BigDikBTC]

I don't understand why the price is not falling.

Before 2020 the sat price will be over 200. You forget with Scrypt mining all the block rewards were sold on bittrex. SIGMA makes it that end users can mine and store coins, it will take another 2 weeks for traders and bots to workout that selling pressure has ceased on bittrex. The best you can hope for is one of the poor Dutch Gulden holders have to sell to buy food or pay for the rent at the end of the month but they look to be selling on Nocks.

Cointrader had this coin going over 200 sat at the btc price end of September (marketcap between $7.5m - 8.5M range) for December. Chart flipped at the start of October, does your trading platform still have the coin going over 200sat, my charts showing under 100 sat until next year?

It was due to the reward change, was scheduled to increase by 20%. Its the problem with TA, the unpredictable can take place.

[TraderXO]

I don't understand why the price is not falling.

Before 2020 the sat price will be over 200. You forget with Scrypt mining all the block rewards were sold on bittrex. SIGMA makes it that end users can mine and store coins, it will take another 2 weeks for traders and bots to workout that selling pressure has ceased on bittrex. The best you can hope for is one of the poor Dutch Gulden holders have to sell to buy food or pay for the rent at the end of the month but they look to be selling on Nocks.

Cointrader had this coin going over 200 sat at the btc price end of September (marketcap between $7.5m - 8.5M range) for December. Chart flipped at the start of October, does your trading platform still have the coin going over 200sat, my charts showing under 100 sat until next year?

It was due to the reward change, was scheduled to increase by 20%. Its the problem with TA, the unpredictable can take place.

Thanks, was one of 9 coins expected to double in value between September and January. I thought their was a glitch with the software.

[Tsegicalicol]

I have asked Yobit to sort out Gulden wallet. I can trade on this exchange.

Edit: Yobit looks to be Scam exchange
https://bitcointalk.org/index.php?topic=4327871.0

I manage to get onto bittrex, PM for more info.

What is the best amount to use as witness? I want to put half coins into witness.

Try this calculator for witness.

https://www.dactual.com/witnesscalculator.php

I have one account with around 25k and one account with 150k @ 3 years. The 25k account was doing well at the start but the 150k is performing MUCH better in the last 3 months, if I could go back in time I would of created one 175k witness account.
The 150k account on some days gets 3 witness rewards.

The witness rewards are also going from 20 to 30 per block when Guldens blockchain 2.0 (Phase 4) is released.

Bigger is better when it comes to witnesses.

[Tsegicalicol]

I have asked Yobit to sort out Gulden wallet. I can trade on this exchange.

Edit: Yobit looks to be Scam exchange
https://bitcointalk.org/index.php?topic=4327871.0

I manage to get onto bittrex, PM for more info.

What is the best amount to use as witness? I want to put half coins into witness.

Try this calculator for witness.

https://www.dactual.com/witnesscalculator.php

I have one account with around 25k and one account with 150k @ 3 years. The 25k account was doing well at the start but the 150k is performing MUCH better in the last 3 months, if I could go back in time I would of created one 175k witness account.
The 150k account on some days gets 3 witness rewards.

The witness rewards are also going from 20 to 30 per block when Guldens blockchain 2.0 (Phase 4) is released.

Bigger is better when it comes to witnesses.

Thank you kindly for your response. I like to invest in staking coins, I have $750 000 worth in masternodes, still some in PPC and already purchase Ethereum for staking for next year.

PPC don't have anymore development and if witness works well i will like to switch from PPC staking all into witness. Wont cost anything.

You might get lucky as a lot of selling pressure and fear in the market. Depending how much you plan on buying it will get sold at 85 sat. The coin needs more long term holders so try get as much as you can.

[Weas89Trf]

I have asked Yobit to sort out Gulden wallet. I can trade on this exchange.

Edit: Yobit looks to be Scam exchange
https://bitcointalk.org/index.php?topic=4327871.0

I manage to get onto bittrex, PM for more info.

What is the best amount to use as witness? I want to put half coins into witness.

Try this calculator for witness.

https://www.dactual.com/witnesscalculator.php

I have one account with around 25k and one account with 150k @ 3 years. The 25k account was doing well at the start but the 150k is performing MUCH better in the last 3 months, if I could go back in time I would of created one 175k witness account.
The 150k account on some days gets 3 witness rewards.

The witness rewards are also going from 20 to 30 per block when Guldens blockchain 2.0 (Phase 4) is released.

Bigger is better when it comes to witnesses.

Thank you kindly for your response. I like to invest in staking coins, I have $750 000 worth in masternodes, still some in PPC and already purchase Ethereum for staking for next year.

PPC don't have anymore development and if witness works well i will like to switch from PPC staking all into witness. Wont cost anything.

You might get lucky as a lot of selling pressure and fear in the market. Depending how much you plan on buying it will get sold at 85 sat. The coin needs more long term holders so try get as much as you can.

  thank you friend, i will place a bid in the 80s and be patient.

Welcome to the Gulden community, come join us on slack if you have more questions. Don't worry about the negative posts, its only about 1 person but rest of the community is friendly and helpful and this person isn't on the community slack.

[flappie]

I have funded my first witness account, if this goes well I will create 10.

If you have fund today the 6 account with 50.000 Gulden for 9 month and 4 accounts with 50.000 for 3 years then you have made a mistake. Better was 1 account 300k for 9 month and 1 account of 200k for 3 year.
6 times 50000 9 month gives an interest rate of 2,13% versus 1 account 300k for 9 month gives 4,12%
4 times 50k 3 year gives  4,6%, while 1 account of 200k for 3 year gives an interest rate of 6,68%

All mentioned interest rates are on annual base
Sorry

You can calculate this with the calculator https://www.dactual.com/witnesscalculator.php

[Jean.Luc]

I have funded my first witness account, if this goes well I will create 10.

If you have fund today the 6 account with 50.000 Gulden for 9 month and 4 accounts with 50.000 for 3 years then you have made a mistake. Better was 1 account 300k for 9 month and 1 account of 200k for 3 year.
6 times 50000 9 month gives an interest rate of 2,13% versus 1 account 300k for 9 month gives 4,12%
4 times 50k 3 year gives  4,6%, while 1 account of 200k for 3 year gives an interest rate of 6,68%

All mentioned interest rates are on annual base
Sorry

You can calculate this with the calculator https://www.dactual.com/witnesscalculator.php

I only created 1 account for 175 000 but no rewards after 677 blocks, if I start getting rewards 1 per day the next account I will create is 250 000 because estimated reward frequency is 0.99 on this account and I want to make sure I get 1 reward a day for all witness accounts I create.

the average is important...  a 300K account can give you 0 per day, or up to 3 rewards per day

Still no reward but lets see how it performs over the next week. Thanks for your response  

You have to keep the wallet open, the computer running and an active internet connection. Please make sure you did put a password on the wallet!
If you can not meet these criteria, you can always export the witnesskey and place it in an Cloud service as offered by https://cloud.g-dash.nl/
The beauty about witness is that the funds will always stay on your account (recoveryphrase) and sending the witnesskey only gives others the possibility to receive the rewards, not your initial funding the witness deposito. GDash will sent rewards back to you every 4 hours (if any received of course). You pay 1 nlg per block you/they witness.

[Weas89Trf]

Earned my first reward Jean.Luc , thanks again for letting me know to keep the wallet open but future accounts I will still go for 220-250k. I will buy slowly over 3 months as I can see it does not take much btc to push the prices high and don't want to indirectly manipulate the market by buying 5 btc worth in small timeframe.

That is smart buying, buying 5btc worth in one go on bittrex would move the price up by 5 times current value and because their is a lot of fear in the market people are willing to give away their Gulden for low prices.