MyGuldenReset
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March 28, 2021, 06:41:31 PM |
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I feel too betrayed to invest in another coin of this teams. 7 years of dev given to Novo for free which was paid by the community and Gulden community as a thank you gets double the reward from 80 to 160. Novo gets what we wish for but you can't complain about it because the people on slack are too scared the price drops more to speak negative in front of new users. They all waiting to sell when the price is up including me and I have a lot of coins to sell but I am done!
The only reason you purchased Gulden was for profit? m8 you knew the max supply and rewards when you purchased, anyone with half a brain can see it's not setup to pump and dump, if you invested in any other coin in the top 200 you would be up by 300-700% in the last 6 months. Gulden is special because it has a passionate community that want a different future and to add value through the technology, a user called Doxholiday was also shouting about burning coins and paying for exchanges but the community rightfully banned and ignored him.
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BartoszinNL
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March 28, 2021, 08:32:30 PM |
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a user called Doxholiday was also shouting about burning coins and paying for exchanges but the community rightfully banned and ignored him.
and who got banned for asking for Novo coins to get burned and rewards halved? Double standards ? You must be a Novo team member who is having a good laugh.
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Reallist
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March 29, 2021, 07:05:56 AM |
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a user called Doxholiday was also shouting about burning coins and paying for exchanges but the community rightfully banned and ignored him.
and who got banned for asking for Novo coins to get burned and rewards halved? Double standards ? You must be a Novo team member who is having a good laugh. Gulden is nothing more then a feeder coin for Novo, you can forget about any Total supply or reward changes because the same people making decisions at the GAB are balls deep in Novo. The question is not if but when the Gulden loyalists will stop putting up bitcoin on bittrex when they open their eyes to what is really going on.
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Toldyouso
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March 29, 2021, 08:22:27 AM |
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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! I prefer no changes at all but Gulden does need to rebalance itself. This change is not about a quick price increase but a long term sustainable rise in interest. Future price potential plays a pivotal role in community motivation, not instant price increases... future price potential.
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NocksInv
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March 29, 2021, 09:32:49 AM |
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About 3 weeks ago the realization hit home that Gulden still has everything I wanted out of a crypto besides government regulation which can't be ignored but its one of the the few coins with great development where the community has the most say and not some exchange or financial institution that is responsible for putting food on the devs table and ultimately deciding the course the coin takes.
This part is true in most cases, GRS got a investor from EFL that helped fund GRS in getting onto exchanges and does not tell the GRS developers what to do. There was a stage where he could see EFL was a shit coin and he did start becoming active with Gulden but was not treated well, I won't say more on this as its in the past and GRS did benefit. I hear litebit removed GRS due to anonymous development team and removed Gulden due to 1 coin per developer policies they introduced this year. You didn't hear it from me.
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MyGuldenReset
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March 29, 2021, 12:38:09 PM |
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About 3 weeks ago the realization hit home that Gulden still has everything I wanted out of a crypto besides government regulation which can't be ignored but its one of the the few coins with great development where the community has the most say and not some exchange or financial institution that is responsible for putting food on the devs table and ultimately deciding the course the coin takes.
This part is true in most cases, GRS got a investor from EFL that helped fund GRS in getting onto exchanges and does not tell the GRS developers what to do. There was a stage where he could see EFL was a shit coin and he did start becoming active with Gulden but was not treated well, I won't say more on this as its in the past and GRS did benefit. I hear litebit removed GRS due to anonymous development team and removed Gulden due to 1 coin per developer policies they introduced this year. You didn't hear it from me. This is fine as most people involved with Gulden is not here to make money, provided the developers can get paid for development, but I don't want people blaming Novo for litebit removal of Gulden, it was a convenient excuse as far as I am concerned.
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Danuberiver
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March 29, 2021, 02:07:07 PM |
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I like this version of Rijk. Novo is better than EFL with smaller supply and Close to same rewards. My bids got filled on Stex today and I can sell for 80% profit but will hold for 800%. I don't think Rijk understood finance and importants of scarcity that crypto can offer when creating Gulden. Printing high inflation crypto is the same as the central banks printing cash non stop. I am selling what I have left of Gulden and plan to put some into Novo and other coins with low supply.
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KrustyTheClown
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March 29, 2021, 02:57:27 PM |
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I like this version of Rijk. Novo is better than EFL with smaller supply and Close to same rewards. My bids got filled on Stex today and I can sell for 80% profit but will hold for 800%. I don't think Rijk understood finance and importants of scarcity that crypto can offer when creating Gulden. Printing high inflation crypto is the same as the central banks printing cash non stop. I am selling what I have left of Gulden and plan to put some into Novo and other coins with low supply.
The Gulden dev rewards got some competition to sell Gulden and buy Novo. How low can Gulden go? popcorn!
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BramVee
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March 29, 2021, 03:20:19 PM Last edit: March 29, 2021, 04:15:00 PM by BramVee |
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I am going to invest in Novo
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Tsegicalicol
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March 29, 2021, 05:07:08 PM |
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I like this version of Rijk. Novo is better than EFL with smaller supply and Close to same rewards. My bids got filled on Stex today and I can sell for 80% profit but will hold for 800%. I don't think Rijk understood finance and importants of scarcity that crypto can offer when creating Gulden. Printing high inflation crypto is the same as the central banks printing cash non stop. I am selling what I have left of Gulden and plan to put some into Novo and other coins with low supply.
Good to see you can respect someone after disagreements in the past. Novo is bringing a unified community and providing investors and traders what Gulden can't. Gulden will still do ok in the future and if your under 30 its a good long term investment. I think if you over 60 Novo is better because you want to enjoy your investment growth while you still alive.
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BramVee
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March 30, 2021, 05:01:45 AM |
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I am trying to sell my last Gulden, is the rate on Stex correct to buy Novo with Gulden?
I am also going to start a Novo ANN in English and Dutch sections when I own 250 Novo or more.
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Another40devReward
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March 30, 2021, 06:18:28 AM |
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I am trying to sell my last Gulden, is the rate on Stex correct to buy Novo with Gulden?
I am also going to start a Novo ANN in English and Dutch sections when I own 250 Novo or more.
Bramvee what will it take for you to stay with Gulden? Doubling the block reward, increasing the max supply to 100 billion? Do the opposite of Novo and watch the price moon?
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Enriquerow
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March 30, 2021, 12:33:01 PM |
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Does Gulden have a bright future with the max supply and rewards staying the same?
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Toldyouso
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March 30, 2021, 03:52:02 PM |
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Does Gulden have a bright future with the max supply and rewards staying the same?
2 options and the 1st option is not possible. 1. Same max supply and reward = More exchanges. I can confirm the community is unable to afford a new high profile exchange like Binance. Stex is a low volume exchange and bittrex is not in the top 10 and losing influence. 2. Burn the max supply and change the rewards. This will bring in more interest and the price can go up, same demand, less rewards = higher price, people start making money, they talk more and get more interest. You can't burn coins, no premine. Only reduce the total coins. Look at what I suggested as a balanced solution and it's a solution I didn't come up with but what was originally intended by Rijk. 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.
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Toldyouso
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March 30, 2021, 07:12:55 PM |
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Does Gulden have a bright future with the max supply and rewards staying the same?
2 options and the 1st option is not possible. 1. Same max supply and reward = More exchanges. I can confirm the community is unable to afford a new high profile exchange like Binance. Stex is a low volume exchange and bittrex is not in the top 10 and losing influence. 2. Burn the max supply and change the rewards. This will bring in more interest and the price can go up, same demand, less rewards = higher price, people start making money, they talk more and get more interest. You can't burn coins, no premine. Only reduce the total coins. Look at what I suggested as a balanced solution and it's a solution I didn't come up with but what was originally intended by Rijk. 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.
A year is too long, you need to drop the total supply and rewards like yesterday. Remove the dev reward and you will have 20c in no time. No investors like a money trough of coins going to a few developers. Whoever has the money has the control! Let me try get back to the echo chamber that is the Gulden slack and try show them the light. Posting on here is pointless. The reward halving and max supply change above reduces the influence of the development reward from 550 million to 120 million which will ease investor anxiety, I don't like change when it comes to the original blockchain settings but that is the reality we are in. Malcolm has also moved Gulden away from a bitcoin copy and thus removing Malcolm as a developer is not an option, the development reward if well managed should be used to hire more developers. The blockchain setting changes I have advised on caters for Investors, traders , long term users and developers. Short term profit gainers are always after instant changes that will leave the situation far worse after the feeling of utopia subsides.
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LeftNLG
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March 31, 2021, 07:31:30 AM |
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The reward halving and max supply change above reduces the influence of the development reward from 550 million to 120 million which will ease investor anxiety, I don't like change when it comes to the original blockchain settings but that is the reality we are in. Malcolm has also moved Gulden away from a bitcoin copy and thus removing Malcolm as a developer is not an option, the development reward if well managed should be used to hire more developers.
The blockchain setting changes I have advised on caters for Investors, traders , long term users and developers. Short term profit gainers are always after instant changes that will leave the situation far worse after the feeling of utopia subsides.
I would of kept my Gulden if a change like this took place when they increased the development rewards by 80. I was only a small holder of Gulden, under 30000 so was not a problem for me to leave and I certainly didn't make an impact to the price when I sold. As a small investor who wanted to leave my coins in Gulden for over 10 years I felt every change that was made was investment unfriendly. I totally get the developers need funding but take the rest of us along for the ride. Geven en nemen. With Novo the devs do understand how to please investors with changes others mention here, Gulden doesn't need to be crazy like this but give something for todays investors for the future .
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MyGuldenReset
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March 31, 2021, 11:02:53 AM |
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The reward halving and max supply change above reduces the influence of the development reward from 550 million to 120 million which will ease investor anxiety, I don't like change when it comes to the original blockchain settings but that is the reality we are in. Malcolm has also moved Gulden away from a bitcoin copy and thus removing Malcolm as a developer is not an option, the development reward if well managed should be used to hire more developers.
The blockchain setting changes I have advised on caters for Investors, traders , long term users and developers. Short term profit gainers are always after instant changes that will leave the situation far worse after the feeling of utopia subsides.
I would of kept my Gulden if a change like this took place when they increased the development rewards by 80. I was only a small holder of Gulden, under 30000 so was not a problem for me to leave and I certainly didn't make an impact to the price when I sold. As a small investor who wanted to leave my coins in Gulden for over 10 years I felt every change that was made was investment unfriendly. I totally get the developers need funding but take the rest of us along for the ride. Geven en nemen. With Novo the devs do understand how to please investors with changes others mention here, Gulden doesn't need to be crazy like this but give something for todays investors for the future . Was Gulden your first coin? I gained a lot of knowledge in how to use crypto with Gulden and the helpful community, admittedly I was upset with some of the changes but Gulden gave me knowledge to invest in other coins that have made me profit. I don't feel any attachment to those coins except for the fact they made me good money. Money I would not of made if I didn't learn how to use crypto through Gulden, for this reason I will never sell but I also don't expect to see any gains in the future as it's not interesting for investors but not why I am part of Gulden still. You can read my original post for more information if you interested. I also can't say if it's a good time to invest in other coins because all the prices appear very high, some of the alts have made huge gains that I fear a correction is coming.
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MyGuldenReset
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March 31, 2021, 12:50:50 PM |
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Whoever has the money has the control!
I thought I would correct you, the Gulden advisory board receive and controls the funds and not the developers.
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Enriquerow
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March 31, 2021, 03:57:20 PM |
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The reward halving and max supply change above reduces the influence of the development reward from 550 million to 120 million which will ease investor anxiety, I don't like change when it comes to the original blockchain settings but that is the reality we are in. Malcolm has also moved Gulden away from a bitcoin copy and thus removing Malcolm as a developer is not an option, the development reward if well managed should be used to hire more developers.
The blockchain setting changes I have advised on caters for Investors, traders , long term users and developers. Short term profit gainers are always after instant changes that will leave the situation far worse after the feeling of utopia subsides.
I would of kept my Gulden if a change like this took place when they increased the development rewards by 80. I was only a small holder of Gulden, under 30000 so was not a problem for me to leave and I certainly didn't make an impact to the price when I sold. As a small investor who wanted to leave my coins in Gulden for over 10 years I felt every change that was made was investment unfriendly. I totally get the developers need funding but take the rest of us along for the ride. Geven en nemen. With Novo the devs do understand how to please investors with changes others mention here, Gulden doesn't need to be crazy like this but give something for todays investors for the future . Your one of the smarter ones. I can show all these drones on slack the proof but they don't see it. BNB coin burn this year https://coinmarketcap.com/currencies/binance-coin/The community has an example in front of their own eyes with the Novo burn. https://coinmarketcap.com/currencies/novo/Why don't you invest in Novo, it's everything you want in a coin?
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Cathaya
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March 31, 2021, 08:34:11 PM Last edit: March 31, 2021, 08:47:58 PM by Cathaya |
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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?
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