NA

[Jero]

next week i will buy 1m nlg

Wish I had the money to do the same. Good luck, hope you will buy at a descent rate 

[Jero]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Perhaps you should read what was proposed again, the above is not what was proposed.

Essentially:
1) Instead of a large upfront reward that halves periodically there will be a constant reward that continues for a long period of time
2) The total eventual number of coins will remain the same.
i.e. When the total number of coins is reached the reward will still drop to 0, it will just do this without repeated halving that create market panic and other problems but instead in a constant more natural fashion, that allows coins to be better distributed instead of all accumulating to early adopters.

Yes, this way new minted coins will be added to the total available amount and create an ever decreasing inflation. Great stuff!

[Fedoracoins]

next week i will buy 1m nlg

Wish I had the money to do the same. Good luck, hope you will buy at a descent rate  

i made a lot of money from 2 altcoin's

ik heb wat vragen over de pos/pow die gaat komen zal die morgen even aan jullie vragen mijn engels is er te minder voor sorry

[Jero]

next week i will buy 1m nlg

Wish I had the money to do the same. Good luck, hope you will buy at a descent rate 

i made a lot of money from 2 altcoin's

I guess.... Fedoracoin and Litecoin?

[Jero]

ik heb wat vragen over de pos/pow die gaat komen zal die morgen even aan jullie vragen mijn engels is er te minder voor sorry

check! See you at one of the two forums 2morrow ;-)

[Fedoracoins]

next week i will buy 1m nlg

Wish I had the money to do the same. Good luck, hope you will buy at a descent rate 

i made a lot of money from 2 altcoin's

I guess.... Fedoracoin and Litecoin?

fedoracoin and ripple

[Jero]

next week i will buy 1m nlg

Wish I had the money to do the same. Good luck, hope you will buy at a descent rate 

i made a lot of money from 2 altcoin's

I guess.... Fedoracoin and Litecoin?

fedoracoin and ripple

Nice.. Congratz! Hope Guldencoin will be the 3rd for you 

[BioMike]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Perhaps you should read what was proposed again, the above is not what was proposed.

Essentially:
1) Instead of a large upfront reward that halves periodically there will be a constant reward that continues for a long period of time
2) The total eventual number of coins will remain the same.
i.e. When the total number of coins is reached the reward will still drop to 0, it will just do this without repeated halving that create market panic and other problems but instead in a constant more natural fashion, that allows coins to be better distributed instead of all accumulating to early adopters.

Thank you MaNI for clearing that up. The whole "no block reward halving" situation was not clear to me (I just heard about it yesterday as it was for me not clearly mentioned in the initial text I read about the change) and I assumed there was no end point set. I personally still think this is not the way to go, the easiness in which people accept changes to coin characteristics worries me.

[Jero]

Happy I waited with my buys after all. Will purchase around 900 level again.

I warned people the rise of the coin was not healthy but people got caught up in the moment. Up to 600 sat was real demand for the coin... that was already 900% increase from when the rise started at 70 Sat odd.
Going to 1907 was overkill and PnDs got involved.

The coin is GOING TO GO BELOW 800 again, so wait until around 650 level before buying in. That is the best price for guldencoin right now!

EDIT: I still think the guldencoin will go over 5000 next year but not now. So if you bought in at 1900 just hold and you will still be smiling.

Just sold all my coins. Wait for the lower levels...

wow! I don't have the nerves to do something like that.  good luck!  let us know how it works out for you.

As promised I let you guys know how it worked out for me. Well... just fine thank you.

But now it's time TO BUY BACK AGAIN!!!

[investeerder]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Coins using the same formula as bitcoin have shown not to be a success.

[BioMike]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Coins using the same formula as bitcoin have shown not to be a success.

Define "success" and which formula?

[investeerder]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Coins using the same formula as bitcoin have shown not to be a success.

Define "success" and which formula?

Success is many users adopting the coin. This does not happen from halving.

[BioMike]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Coins using the same formula as bitcoin have shown not to be a success.

Define "success" and which formula?

Success is many users adopting the coin. This does not happen from halving.

Nobody using Bitcoin, Litecoin, DOGE... I guess

[MaNI]

I personally still think this is not the way to go, the easiness in which people accept changes to coin characteristics worries me.

Not trying to change your mind on this, I accept that not everyone is going to be comfortable with the changes and you are of course entitled to your viewpoints/feelings.

However just thought I would point out that this change is only being proposed because it is something we feel is very important to do right now, and because most of the people we have asked have agreed (and not because of the current price as some are saying but more for long term distribution and stability benefits)
It is not something that we would do on a whimsy, this has been an ongoing discussion internally for ages before we decided it was right, so this doesn't mean that now suddenly we will be wanting to change the amount of coins every few weeks.
Further ultimately the coin is open source, so if anyone ever goes completely crazy and does start making random changes that the entire community disagrees with then the community can always just stand up and fork the coin - so I don't think there is a massive danger of this setting some precedent or other, I am not a massive fan of changing things like this either, however sometimes changes are necessary no matter how scary on unnerving they can be.

[Wildwest]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Coins using the same formula as bitcoin have shown not to be a success.

Define "success" and which formula?

Success is many users adopting the coin. This does not happen from halving.

Nobody using Bitcoin, Litecoin, DOGE... I guess

Bitcoin -- First
Litecoin -- Claim to fame being first ASIC resistant coin and first alt. Value is being first alt as it turns out not ASIC resistant.
Doge -- Right time, right place, right meme themed coin.

[Fedoracoins]

So with decrease in supply what will premine end up being? 15% of all coins? 20%? And still no concrete or even general plans on how they (premine coins) will be distributed?

Well, in the long run it will move towards 0% (no halving of the block rewards any more, so infinite NLG). From what I get with this discussion is that game rules will be changed contentiously and there are no guarantees for the future. NLG will also be worth less over time.

Coins using the same formula as bitcoin have shown not to be a success.

Define "success" and which formula?

Success is many users adopting the coin. This does not happen from halving.

Nobody using Bitcoin, Litecoin, DOGE... I guess

Bitcoin -- First
Litecoin -- Claim to fame being first ASIC resistant coin and first alt. Value is being first alt as it turns out not ASIC resistant.
Doge -- Right time, right place, right meme themed coin.

dogecoin strong coin, about 10 year skyhigh

[BioMike]

I personally still think this is not the way to go, the easiness in which people accept changes to coin characteristics worries me.

Not trying to change your mind on this, I accept that not everyone is going to be comfortable with the changes and you are of course entitled to your viewpoints/feelings.

However just thought I would point out that this change is only being proposed because it is something we feel is very important to do right now, and because most of the people we have asked have agreed (and not because of the current price as some are saying but more for long term distribution and stability benefits)
It is not something that we would do on a whimsy, this has been an ongoing discussion internally for ages before we decided it was right, so this doesn't mean that now suddenly we will be wanting to change the amount of coins every few weeks.
Further ultimately the coin is open source, so if anyone ever goes completely crazy and does start making random changes that the entire community disagrees with then the community can always just stand up and fork the coin - so I don't think there is a massive danger of this setting some precedent or other, I am not a massive fan of changing things like this either, however sometimes changes are necessary no matter how scary on unnerving they can be.

Fair enough. I've apologized to Jero for my comment earlier and I'm going to take a time-out for a few days to calm myself regarding the discussion earlier.

[Bluestreet]

Really who gives a fuck what the crypto community think if they really wanted guldencoin wouldn't they be invested in it already. No they clearly coming here because they feel threatened by this change.

True, they would be with guldencoin already but everyone thinks their coins is the one. When everyone knows deep down this is the one!

[Litesire]

I personally still think this is not the way to go, the easiness in which people accept changes to coin characteristics worries me.

Not trying to change your mind on this, I accept that not everyone is going to be comfortable with the changes and you are of course entitled to your viewpoints/feelings.

However just thought I would point out that this change is only being proposed because it is something we feel is very important to do right now, and because most of the people we have asked have agreed (and not because of the current price as some are saying but more for long term distribution and stability benefits)
It is not something that we would do on a whimsy, this has been an ongoing discussion internally for ages before we decided it was right, so this doesn't mean that now suddenly we will be wanting to change the amount of coins every few weeks.
Further ultimately the coin is open source, so if anyone ever goes completely crazy and does start making random changes that the entire community disagrees with then the community can always just stand up and fork the coin - so I don't think there is a massive danger of this setting some precedent or other, I am not a massive fan of changing things like this either, however sometimes changes are necessary no matter how scary on unnerving they can be.

Fair enough. I've apologized to Jero for my comment earlier and I'm going to take a time-out for a few days to calm myself regarding the discussion earlier.

I will say this, I am 100% behind biomike when it comes to preventing pumps. I would like to ask the community that this change does not get mentioned all over btctalk, chat rooms, twitter, facebook etc unless it's the official guldencoin medium. Let the price rise gracefully after the change because of real demand or it will be a rough ride for the next month or two. It will be really good to have a price of 300 as we change over but I do expect a false pump so be careful.

[pijpenstelen]

So after this change if the coins price goes to 1 cent it will only need +-500 usd daily to support this price ? At 10 cents 5000 usd a day. I think this will be possible with the amount of attention cryptos are getting again ?