[NLG] The even greater Gulden thread!

[Protwoco]

Novo has it's total supply reduced from 10 billion to 210 000, this is why the price has jumped 200% in 24hrs. This is a test for Gulden to reduce max supply from 1.6 billion to 600 million and drop rewards by 90%? This is will be a welcome move for Gulden! It will be unfair if 1 project of Rijk does this but not the other.

Rijk has learnt but had my doubts, this is what needed to be done with Gulden and complained many times that the supply and reward is too high, I didn't invest in Novo because of the 10 billion supply but if the price drops to $3, I will buy 500 - 1000 coins and hold.
With EFL the total supply and reward was done proper by the original creator, but he was not a good developer and Gulden does have a good developer but the total supply and high rewards stop it from growing.

You will never see $3 again, the 210 000 total supply is after 100 years, the current supply is over 60k. You won't get 1% of the supply sold at $3 which is slightly over 600.

This coin was created to give long term Gulden investors a chance to make some money. What a gift. Price is $16 and will climb to $30 next week.

[BramVee]

Novo has it's total supply reduced from 10 billion to 210 000, this is why the price has jumped 200% in 24hrs. This is a test for Gulden to reduce max supply from 1.6 billion to 600 million and drop rewards by 90%? This is will be a welcome move for Gulden! It will be unfair if 1 project of Rijk does this but not the other.

Rijk has learnt but had my doubts, this is what needed to be done with Gulden and complained many times that the supply and reward is too high, I didn't invest in Novo because of the 10 billion supply but if the price drops to $3, I will buy 500 - 1000 coins and hold.
With EFL the total supply and reward was done proper by the original creator, but he was not a good developer and Gulden does have a good developer but the total supply and high rewards stop it from growing.

You will never see $3 again, the 210 000 total supply is after 100 years, the current supply is over 60k. You won't get 1% of the supply sold at $3 which is slightly over 600.

This coin was created to give long term Gulden investors a chance to make some money. What a gift. Price is $16 and will climb to $30 next week.

I am sad I sold the Novo I mined to buy Gulden, why is the development fund destroyed and with Novo funds destroyed how they going to lower the Gulden reward, will Gulden have to pay for both funding?

This is confusing for me but don't get any hope up of reward cut. Many in the GAB are part of Novo and they won't lower reward for Gulden if no money for Novo development.

[Toldyouso]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

[Tsegicalicol]

I own some Novo and it's definitely performing well this last few days, up another 50% today.
The same could happen for Gulden depending on the outcome of the GaB meeting next week.
Whats working in favour of a max supply and reward change is Gulden has dropped out the top 1000 on coinmarketcap , making it one of the worst performing coins this year, and the results of less supply speaks for itself with the Novo changes.

Gulden has a strong community,  they work hard to bring the Gulden name to the public but the price performance is making it hard to bring in new users.

Stay strong my friends, all will be good in the end.

[Tsegicalicol]

I own some Novo and it's definitely performing well this last few days, up another 50% today.
The same could happen for Gulden depending on the outcome of the GaB meeting next week.
Whats working in favour of a max supply and reward change is Gulden has dropped out the top 1000 on coinmarketcap , making it one of the worst performing coins this year, and the results of less supply speaks for itself with the Novo changes.

Gulden has a strong community,  they work hard to bring the Gulden name to the public but the price performance is making it hard to bring in new users.

Stay strong my friends, all will be good in the end.

I want to add that Novo is most likely a testing ground for changes to come for Gulden. Another beautiful change coming for Novo is witness reward is going to be 75% and miners 25% of the 0.1 reward.

A change like this for gulden with reduced max supply and rewards can only be positive. I don't know if Rijk hired a specialist in finance but all these changes are super smart. I am excited to hear what is going to come out of the GaB meeting.

[SuperOrca]

I emptied my bags about 2 weeks ago for a loss. Its only coin in my crypto portfolio I lost money on. Its a relief to be out and seeing you bagholders complaining. I understand your frustrations.

[Protwoco]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

[Sinotek]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

Seems like a reasonable thing to suggest in Slack, they’ll discuss the max supply cut for sure, I heard it’s in the list. Reward halving I’m not entirely sure.

[Toldyouso]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

Seems like a reasonable thing to suggest in Slack, they’ll discuss the max supply cut for sure, I heard it’s in the list. Reward halving I’m not entirely sure.

Don't worry about it, if it's only a max supply change then my suggestion won't be necessary. Without a reward halving schedule I would go as far as saying there is not much point in changing anything as it will erode confidence in the supply changing whenever it suits the community.
My suggestion is the right thing to do as it can be argued this is where the coins supply should be in relation to it's total supply when the coin was started.

Changes:
760 million total supply
3rd April 2022 or close to it the reward halves to 80 for 4 years. This change brings it close to where the coin would of been if no changes were ever made from the start of the coins inception.
840 960 blocks later (year 2026) the reward halves to 40.
840 960 blocks later (year 2030) the reward halves to 20. Gulden will be close to 90% mined out when this drop occurs and most of you will be alive to see it

The 4 year cycle also gives the market time to adjust to the changes and no sudden drop off from 160 reward to 0 when the new max is achieved.

[BigDikBTC]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

Seems like a reasonable thing to suggest in Slack, they’ll discuss the max supply cut for sure, I heard it’s in the list. Reward halving I’m not entirely sure.

Don't worry about it, if it's only a max supply change then my suggestion won't be necessary. Without a reward halving schedule I would go as far as saying there is not much point in changing anything as it will erode confidence in the supply changing whenever it suits the community.
My suggestion is the right thing to do as it can be argued this is where the coins supply should be in relation to it's total supply when the coin was started.

Changes:
760 million total supply
3rd April 2022 or close to it the reward halves to 80 for 4 years. This change brings it close to where the coin would of been if no changes were ever made from the start of the coins inception.
840 960 blocks later (year 2026) the reward halves to 40.
840 960 blocks later (year 2030) the reward halves to 20. Gulden will be close to 90% mined out when this drop occurs and most of you will be alive to see it

The 4 year cycle also gives the market time to adjust to the changes and no sudden drop off from 160 reward to 0 when the new max is achieved.

While I agree this option is factually correct it does not mean it's the RIGHT option to go for.  A lot of people have been patient for a long time and they also want to see Gulden progress in this bull market and not be left behind like it is, Gulden is not in the top 1000 on CMC. That is a disaster imho.
More drastic measure are needed, similar to the changes they all too happy to throw Novo's way while Gulden keeps getting fleeced for all it's worth

[Tsegicalicol]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

Seems like a reasonable thing to suggest in Slack, they’ll discuss the max supply cut for sure, I heard it’s in the list. Reward halving I’m not entirely sure.

Gulden advisory board and Rijk I can't see having an issue with the reward halving.

Look what is coming for Novo.
99% reduction in max supply
Reward halving from 0.1 to 0.05
Witness to have 75% and miners 25% of the reward.

Looks like they flexible to change.

[Tsegicalicol]

Don't worry about it, if it's only a max supply change then my suggestion won't be necessary. Without a reward halving schedule I would go as far as saying there is not much point in changing anything as it will erode confidence in the supply changing whenever it suits the community.
My suggestion is the right thing to do as it can be argued this is where the coins supply should be in relation to it's total supply when the coin was started.

Changes:
760 million total supply
3rd April 2022 or close to it the reward halves to 80 for 4 years. This change brings it close to where the coin would of been if no changes were ever made from the start of the coins inception.
840 960 blocks later (year 2026) the reward halves to 40.
840 960 blocks later (year 2030) the reward halves to 20. Gulden will be close to 90% mined out when this drop occurs and most of you will be alive to see it

The 4 year cycle also gives the market time to adjust to the changes and no sudden drop off from 160 reward to 0 when the new max is achieved.

This change makes total sense to me , I like it!

[narges.vali]

Hi every body. I read your opinions about gulden and its future. can everybody say me, when is the meeting held?

[Protwoco]

Hi every body. I read your opinions about gulden and its future. can everybody say me, when is the meeting held?

24th March

[Tsegicalicol]

I was one of the few voices at the start who was against the reward change from 1000 to 100 and when they went ahead with the change Rijk never adjusted the max supply to compensate. Next year if the rewards remained the same with the 4 year halving schedule, 75% of the total supply would of been mined out.

Next year Gulden will only have 35% of the total supply mined out and a long way to go before 75% is achieved. This scares off investors.

To correct the situation the total supply needs to be adjusted to where current supply is 75% and a reward halving introduced on the 3rd April 2022 when the next reward halving was expected to take place.

Someone else in the team or community can work it out but the max supply will need to be adjusted close to 760 million to bring the initial reward structure back into balance with a reward halving starting on 3rd April 2022 and every 4 years after.

I do like your suggestion. It also gives the devs 5 years of good funding while also catering to the users and putting the blockchain in sync with where it should be with the circulation % vs Max coins.

Is this proposal worth mentioning in the #GAB channel on slack?

Seems like a reasonable thing to suggest in Slack, they’ll discuss the max supply cut for sure, I heard it’s in the list. Reward halving I’m not entirely sure.

Gulden advisory board and Rijk I can't see having an issue with the reward halving.

Look what is coming for Novo.
99% reduction in max supply
Reward halving from 0.1 to 0.05
Witness to have 75% and miners 25% of the reward.

Looks like they flexible to change.

Novo up 400% in a week after the above announced changes. Lets see what is coming for Gulden after the meeting on Wednesday this week.

[narges.vali]

Thanks a lot and where can I buy Gulden?

[Protwoco]

Thanks a lot and where can I buy Gulden?

https://gulden.com/en

Scroll down a bit for buying options.

[Sinotek]

Thanks a lot and where can I buy Gulden?

https://gulden.com/en

Scroll down a bit for buying options.

You can also purchase Guldens directly from the mobile wallet, you'll have to complete some account verifications but afterward, it's incredibly simple to fulfill a purchase.

[Protwoco]

Thanks a lot and where can I buy Gulden?

https://gulden.com/en

Scroll down a bit for buying options.

You can also purchase Guldens directly from the mobile wallet, you'll have to complete some account verifications but afterward, it's incredibly simple to fulfill a purchase.

I forgot to mention this, this was only made available recently?

[Tsegicalicol]

Novo had some profit takers today, after making over 2500% on the IPO the price was too tasty to resist for some.

All this from making good decisions by reducing max supply from 10 billion to 210000 and introducing a halving soon from 0.1 to 0.05 per block. Miners won't be able to crash the price and if traders sell they might never get back in for the same price.
Witnessing reward will be increased to 0.075 of the reward and miners 0.025.

No pressure on the market and witnesses coins can't be spent until the witness period is done.

Gulden developers developed the witness tech and the Gulden advisory board is watching the positive impact on the price action from the above changes.

I spoke to one of the traders on slack and he says with Gulden because 100 000 new coins are coming onto the market every day and this continues for 35 years more there is no incentive to trade Gulden up because the next day 100 000 coins could be sold back on the exchanges.

Imagine Gulden without this pressure and a brilliant development team. It will be a life changing event.