SuicidalTendencies
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Activity: 142
Merit: 100
Crowdsale: Saturday, Aug 12, 2017
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June 18, 2015, 05:32:41 AM |
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Guldencoin 2 week average volume is the highest it's been since the coin started. Any reason for the increased activity?
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Andrelvogue
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June 18, 2015, 06:31:45 AM |
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Looks like one of the most well designed country-coins. Actually interested in this one. Lets just see  indeed, give it a try |
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Bluestreet
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Activity: 988
Merit: 1000
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June 18, 2015, 06:56:57 AM |
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Guldencoin 2 week average volume is the highest it's been since the coin started. Any reason for the increased activity?
Prices are good at these levels for what the coin offers. People are prepared to buy and sell (multipools) at these rates. |
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Buerra
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Activity: 980
Merit: 1000
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June 18, 2015, 12:30:44 PM |
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51 packages pre-ordered for the advertising campaign. This is looking to be quite a nice campaign! You can still get your NLG-package of 15000NLG per package to help fund a national advertising campaign for Guldencoin! Read more https://community.guldencoin.com/t/community-advertising-1/1096 |
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Litesire
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June 18, 2015, 12:57:56 PM |
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What material will the campaign have for guldencoin? |
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WaterLooDown
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Activity: 924
Merit: 1000
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June 18, 2015, 07:04:04 PM |
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What material will the campaign have for guldencoin? Hey Litesire, It will point to dutch homepage https://guldencoin.com/nl/ |
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Jero
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June 18, 2015, 07:19:38 PM |
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What material will the campaign have for guldencoin? For the campaign different Guldencoin banners will be used, like eg:  More banners you can find at the bottom of the branding part of the official Guldencoin website: https://guldencoin.com/nl/branding |
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Luuk
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Activity: 142
Merit: 10
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June 19, 2015, 06:40:43 AM |
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When a total of 1.68 billion coin supply is reached are coins still mined or does it stop at that amount and what do the miners do to keep the blocks being solved if there is no more reward? Also is the total 1.68 billion or 1.7 billion as people have used both amounts in the previous replies.
EDIT: Total coins: 1680M as per the first post so that answers my one question. Is this figure hardcoded into the blockchain?
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Luuk
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Activity: 142
Merit: 10
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June 19, 2015, 08:47:43 AM |
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When a total of 1.68 billion coin supply is reached are coins still mined or does it stop at that amount and what do the miners do to keep the blocks being solved if there is no more reward? Also is the total 1.68 billion or 1.7 billion as people have used both amounts in the previous replies.
EDIT: Total coins: 1680M as per the first post so that answers my one question. Is this figure hardcoded into the blockchain?
I found out more information from bitcoin section, when total supply is mined out miners will get transaction fees as reward for mining the blockchain. In 40 years time bitcoin will be doing 1000 fold what it's doing today but for guldencoin will 14 years be enough when all the coins are mined? |
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Luuk
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Activity: 142
Merit: 10
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June 19, 2015, 10:01:47 AM |
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I worked out the answers thanks to user fedoracoin, 1680 million coins mined is right for 40 years of mining + 170 million premine which means +-1850 million coins in 40 years for total supply of coins.
After that point transaction fees will be rewards for miners. Please correct me if I am wrong.
Sorry for the spam, just trying to work things out before investing in the Dutch coins.
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Fedoracoins
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June 19, 2015, 10:07:55 AM |
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I worked out the answers thanks to user fedoracoin, 1680 million coins mined is right for 40 years of mining + 170 million premine which means +-1850 million coins in 40 years for total supply of coins.
After that point transaction fees will be rewards for miners. Please correct me if I am wrong.
Sorry for the spam, just trying to work things out before investing in the Dutch coins.
no its 1680 million - 170 million premine = 1490 million https://bitcointalk.org/index.php?topic=843017.msg11658248#msg116582481680 is the year that the gulden was born in the netherlands |
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Luuk
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Activity: 142
Merit: 10
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June 19, 2015, 10:16:17 AM |
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I worked out the answers thanks to user fedoracoin, 1680 million coins mined is right for 40 years of mining + 170 million premine which means +-1850 million coins in 40 years for total supply of coins.
After that point transaction fees will be rewards for miners. Please correct me if I am wrong.
Sorry for the spam, just trying to work things out before investing in the Dutch coins.
no its 1680 million - 170 million premine = 1490 million https://bitcointalk.org/index.php?topic=843017.msg11658248#msg116582481680 is the year that the gulden was born in the netherlands I worked this out earlier. 840 million 4 years + 420 million 8 years + 210 + premine for 12 years total is 1640 million + 105 @ 16 years Exceeds total before 16 years with 1745 million Expected total is reached between year 13 to 14. |
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Fedoracoins
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June 19, 2015, 10:21:15 AM |
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I worked out the answers thanks to user fedoracoin, 1680 million coins mined is right for 40 years of mining + 170 million premine which means +-1850 million coins in 40 years for total supply of coins.
After that point transaction fees will be rewards for miners. Please correct me if I am wrong.
Sorry for the spam, just trying to work things out before investing in the Dutch coins.
no its 1680 million - 170 million premine = 1490 million https://bitcointalk.org/index.php?topic=843017.msg11658248#msg116582481680 is the year that the gulden was born in the netherlands I worked this out earlier. 840 million 4 years + 420 million 8 years + 210 + premine for 12 years total is 1640 million + 105 @ 16 years Exceeds total before 16 years with 1745 million Expected total is reached between year 13 to 14. where you base it on? the difficulty to mine, going up every day |
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Luuk
Member
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Activity: 142
Merit: 10
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June 19, 2015, 10:29:36 AM |
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I worked out the answers thanks to user fedoracoin, 1680 million coins mined is right for 40 years of mining + 170 million premine which means +-1850 million coins in 40 years for total supply of coins.
After that point transaction fees will be rewards for miners. Please correct me if I am wrong.
Sorry for the spam, just trying to work things out before investing in the Dutch coins.
no its 1680 million - 170 million premine = 1490 million https://bitcointalk.org/index.php?topic=843017.msg11658248#msg116582481680 is the year that the gulden was born in the netherlands I worked this out earlier. 840 million 4 years + 420 million 8 years + 210 + premine for 12 years total is 1640 million + 105 @ 16 years Exceeds total before 16 years with 1745 million Expected total is reached between year 13 to 14. where you base it on? the difficulty to mine, going up every day Reward halving is approx every 4 years. at block 840 000 * 1000 reward is 840 million coins in 4 years. Then for every 4 years you divide supply earned by 2. 0- 4 years 840million 4-8 years 420million 8-12 years 210million Add 12 years of mining with premine and you get 1640 million coins, then 40 million more coins to be mined out until 1680 million coins Front page says 1680 million coins mined which works out to 40 years of mined coins excluding premine. |
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Fedoracoins
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June 19, 2015, 10:35:00 AM |
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I worked out the answers thanks to user fedoracoin, 1680 million coins mined is right for 40 years of mining + 170 million premine which means +-1850 million coins in 40 years for total supply of coins.
After that point transaction fees will be rewards for miners. Please correct me if I am wrong.
Sorry for the spam, just trying to work things out before investing in the Dutch coins.
no its 1680 million - 170 million premine = 1490 million https://bitcointalk.org/index.php?topic=843017.msg11658248#msg116582481680 is the year that the gulden was born in the netherlands I worked this out earlier. 840 million 4 years + 420 million 8 years + 210 + premine for 12 years total is 1640 million + 105 @ 16 years Exceeds total before 16 years with 1745 million Expected total is reached between year 13 to 14. where you base it on? the difficulty to mine, going up every day Reward halving is approx every 4 years. at block 840 000 * 1000 reward is 840 million coins in 4 years. Then for every 4 years you divide supply earned by 2. 0- 4 years 840million 4-8 years 420million 8-12 years 210million Add 12 years of mining with premine and you get 1640 million coins, then 40 million more coins to be mined out until 1680 million coins no you got the difficulty to mine, this is not correct 4-8 years 420 million, it's like bitcoin in the first months it was easy to mine bitcoin but now is it difficult it is not 2x difficulty and halving are 2 different things Total coins: 1680MTotal Premine: 170M (10%) Premine Reserved for Dutch citizens and funding of community projects: 150M (9%) Premine for Development, Marketing, Bounties: 20M (1%) |
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Luuk
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Merit: 10
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June 19, 2015, 11:03:06 AM |
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It says maximum 1.7 billion under distribution but 1680 total coins mined. I think they made a mistake and only added the dev premine of 20 million and not the 170 million to make it 1850 million. After 40 years there will be a maximum of 1.7 billion Guldencoins in circulation. 150 million of these have been reserved for Dutch citizens and funding of community projects. Statistics: https://distribution.guldencoin.com. After 16 years only +-110 million coins would be mined to make 1850million, in theory it's not much difference to the whole supply between 14 years and 40 years. |
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Luuk
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Activity: 142
Merit: 10
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June 19, 2015, 11:13:31 AM |
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150 seconds for each block is 2.5 minutes a block. 60min/2.5 = 24. 24 block for every hour. 24 * 24(hours) = 576 blocks every day.
576 * 364 = 209 664 blocks yearly.
209 664 * 4 = 838656 blocks every 4 years.
Is the above not correct?
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TamiLee
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June 19, 2015, 11:44:08 AM |
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150 seconds for each block is 2.5 minutes a block. 60min/2.5 = 24. 24 block for every hour. 24 * 24(hours) = 576 blocks every day.
576 * 364 = 209 664 blocks yearly.
209 664 * 4 = 838656 blocks every 4 years.
Is the above not correct?
You can't determine exact date for block halving only at 840 000 it will halve. As long as this happen is all investors care about. |
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24hralttrade
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June 19, 2015, 03:21:07 PM
Last edit: June 19, 2015, 03:31:12 PM by 24hralttrade |
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Hahahahaha, I "know" that guy  |
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