NA

[sven22]

In my opinion we need to shift focus from the mining and into the growing of Guldencoin, building more services and making it stand out from the rest of the crowd. This will bring more miners , even more community and support as we win the hearts and minds of people with the tenacity to succeed even through these hurdles that get thrown at the currency.

A lot of work in progress as we speak! Keep an eye out for today, one will be launched if all goes well!

This makes me smile!

Having skimmed through the timeline NLG is definitely a top 10 coin in what it offers. EG. Only 5 currencies have made it to iOS store. BTC/LTC/DOGE/NLG/Digibyte

The community behind Guldencoin is strong. Still going strong after 5months of hard rape because of some community members! Like a guy said to me Stick around, you'll see that the next upcoming years will be very exciting!

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[nfigueir]

What would be the price that would make NLG non-attractive to CM?

[Litesire]

What would be the price that would make NLG non-attractive to CM?

Around 400-450 should be fine to make it less attractive and have less fluctuations in block times PROVIDED dedicated hashrate remain the same.
4-5 months ago it would of been possible to keep the price that low but now with so many buyers people will buy up coins at those bargain prices if anyone had to try force the market down.

Guldencoin is at a place where a dump would reverse just as much as a pump. This is good!

[strataghyst]

What would be the price that would make NLG non-attractive to CM?

Around 400-450 should be fine to make it less attractive and have less fluctuations in block times PROVIDED dedicated hashrate remain the same.
4-5 months ago it would of been possible to keep the price that low but now with so many buyers people will buy up coins at those bargain prices if anyone had to try force the market down.

Guldencoin is at a place where a dump would reverse just as much as a pump. This is good!

At which diff CM joins and with how much GHash?

[veertje]

At which diff CM joins and with how much GHash?

I think they mine constantly, with lower hashrate at higher diff and higher hashrate at lower diff. Not switching totally off and on, I think. Mean hashrate of CM about 3-3.5 GH/s atm? But that is just a guess.

NLG is just a small gain of the total of Clever. Clever has to compete with other MP's, so they will keep mining all scryptcoins, as Terk said. Multipool total hashrate is dropping since months, because profitability is getting lower and lower in btc. Maybe turning point will come in the near future that people see it is better to mine dedicated at good coins, than short term profit on MP's?
Below total hashrate CM. (top spike is december 3rd)

[Life4mining]

As per the CM ANN I will be watching Guldencoin closely over the next month, if I like what I see I might throw some dedicated hash towards the coin for future price growth.

[veertje]

As per the CM ANN I will be watching Guldencoin closely over the next month, if I like what I see I might throw some dedicated hash towards the coin for future price growth.

Very welcome Life4mining  

[sven22]

As per the CM ANN I will be watching Guldencoin closely over the next month, if I like what I see I might throw some dedicated hash towards the coin for future price growth.

Welcome to the NLG thread Life4mining! Would be great to see some more dedicated miners follow, it would be a matter of time that NLG's price will rise when we get a healthy chain!

You'll see one update coming by tonight like I said before if all runs smoothly!

forum.guldencoin.com we have an English section over there also! Maybe you can find some more information if you'd like to!

[sven22]

@Life4mining here a message from neogulden.com poolowner!


If you need any special requirements for the static difficulty the pool owner is willing to open up a port for you. He understands you have other demands with a power of 5 GH/s.

[markanth]

I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.

Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?

Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.

Thanks for sharing your report!  To be honest the report from your miner friend kind of surprised me.  If you look at clever's reported profitability (http://clevermining.com/profits) there is no dip in profitability Feb 2 through 5 when clever was not mining NLG.  Did the reported BTC per MH reported on clever's profitability charts not match your friend's ROI? 

To talk about things besides mining   Yesterday I finally got some time to listen to Rob Buerra's talk on the Krypto Kings podcast.  Wow! What a great job Rob did talking about Guldencoin.  Highly recommend it for those who haven't listened to it yet.  https://www.youtube.com/watch?v=fO1cqE-ZNCI

[ny2cafuse]

I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.

Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?

Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.

@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.

We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.

What do you and other miners think about giving CM some competition?

I personally think it's a bad idea to get listed on coinwarz or cryptsy! That will only make things worse!


Better yet, I would like it even more if we got delisted from all exchanges (bittrex too). Let me explain why. If we are not listed on an automated exchange, multipools like CM have nowhere to dump their coins anymore. This creates an opportunity to get a real exchange going that is dedicated to fair trade of NLG. Lets not forget, we want NLG to be used for payments, not for speculation, we have the other Gulden for that...

I agree with the above. No more btc based exchanges, cryptsy isn't known as the place coins go to die for nothing.

I have to agree with LTEX on this one.  Cut the ties with BTC trading, especially bittrex and exchanges that allow autotrading and API access.  This sounds counterproductive, but it serves two purposes.

First, it cuts CM's, and other MP's, feet out from under them.  Without a autotrading exchange, MPs can't function.  Second, it brings trading focus back to the Euro, and unties NLG from BTC.  NLG did a good job of not fluctuating with BTC's and LTC's swings... that was a huge selling point for my team when we first got involved.

Now I know a lot of people would be like "but what about a main exchange for BTC trading".  Well, you make one.  An official BTC/NLG exchange with no bells and whistles.  Like exchange.guldencoin.com.  No autotrading, no APIs, nothing.  Just a place where dedicated NLG users could trade some coin.  Community built and community run.  Trading fees go to the dev team, and the community gets an official exchange.

I know that's a lot of crazy thinking right there, but it makes sense when you start thinking about it.  I don't expect everyone to agree.  It's just my $0.02.

-Fuse

[Buerra]

There we go! Lift offfff!

[Wildwest]

I have some bad news, I have confirmed with a miner that used to use CM until end of last week that ROI was down when CM was not hitting Guldencoin. So Guldencoin is what make or break CM now.

Maybe suggestion of reducing block time might work but CM will always be there to get easy blocks. I don't think much can be done unless we become next Doge or litecoin so more efforts to keep going mainstream. Then a lot of dedicated miners. Another option is merged mining like Dogecoin has?

Terks CM is the matriarch of switch pool despite what he says when his pool was not hitting the chain for 2 days the other switch pools had lot less effect. This morning is back to 50% and needs NLG to survive for his business. It quite a sad situation.

@ny2cafuse - What do you think about Guldencoin getting listed on coinwarz and even cryptsy? Have more multipools in compeition with CM? Would that make things worse off as bigger spikes in hash rate or would it also maybe make it less profitable for some of these jump pools to carry on hitting our chain because there is more competiion for the easy blocks.

We might be Terks cash cow because he literally has no competition with other multipools but I also worry that too many jump pools coming in at one time to get the easy blocks might spike the difficulty.

What do you and other miners think about giving CM some competition?

I personally think it's a bad idea to get listed on coinwarz or cryptsy! That will only make things worse!


Better yet, I would like it even more if we got delisted from all exchanges (bittrex too). Let me explain why. If we are not listed on an automated exchange, multipools like CM have nowhere to dump their coins anymore. This creates an opportunity to get a real exchange going that is dedicated to fair trade of NLG. Lets not forget, we want NLG to be used for payments, not for speculation, we have the other Gulden for that...

I agree with the above. No more btc based exchanges, cryptsy isn't known as the place coins go to die for nothing.

I have to agree with LTEX on this one.  Cut the ties with BTC trading, especially bittrex and exchanges that allow autotrading and API access.  This sounds counterproductive, but it serves two purposes.

First, it cuts CM's, and other MP's, feet out from under them.  Without a autotrading exchange, MPs can't function.  Second, it brings trading focus back to the Euro, and unties NLG from BTC.  NLG did a good job of not fluctuating with BTC's and LTC's swings... that was a huge selling point for my team when we first got involved.

Now I know a lot of people would be like "but what about a main exchange for BTC trading".  Well, you make one.  An official BTC/NLG exchange with no bells and whistles.  Like exchange.guldencoin.com.  No autotrading, no APIs, nothing.  Just a place where dedicated NLG users could trade some coin.  Community built and community run.  Trading fees go to the dev team, and the community gets an official exchange.

I know that's a lot of crazy thinking right there, but it makes sense when you start thinking about it.  I don't expect everyone to agree.  It's just my $0.02.

-Fuse

Outstanding idea , what about doing a fund raiser like was done for the iOS wallet. I can 100% trust this team to deliver if they say they can to build an exchange and have buy in options for credit cards etc.

What does the team think of the above?

[Wildwest]

There we go! Lift offfff!

Just saw this now, what does this mean in English?

[sven22]

From of now also, without an account, buy Guldencoin using Ideal!

We also thought of our Belgium friends, you can buy Guldencoin using Mr. Cash!

[Coincookie]

iDeal is the easiest way to purchase something online. In this case enter amount you wish to pay, choose bank, enter walletadres click buy (koop). Then the next page is the iDeal page where your onlinebank is shown, you pay and voila, 15-30 minutes and there are your Guldens.

Most uses way for online payments in teh Netherlands. Mr. Cash is similar but for Belgium.

Cookie

[OpenforBusiness]

There we go! Lift offfff!

Just saw this now, what does this mean in English?

From of now also, without an account, buy Guldencoin using Ideal!

We also thought of our Belgium friends, you can buy Guldencoin using Mr. Cash!

This is the second tier 1 project that has now come online (paysafegulden.com being the other). Giving more direct cash/fiat to NLG options without the bitcoin middle man, this is part of the plan to not only have fault tolerant (backup) services for Guldencoin but to also have direct payment sites without any noise and all focused on Guldencoin.

One of the biggest complaints from users is confusion when they go to sites that list all these other coins and creates a big distraction.

This also allows easy access for Dutch and Belgium users to get their hands on Guldencoin without even having to give away their identities or hassle with making accounts with us.

[strataghyst]

There we go! Lift offfff!

Congratulations! Nice one 

[Buerra]

Building an exchange isn't the hard part though, it's getting the right paperwork to not get shot the fuck down. It will take a partnering with someone with the proper licensing (read bank, insurance agency, private bankers or financers) or if someone without licensing wants to or needs to do it would take at least 6 months to get the right paperwork and licensing. And then it's uncertain if it would get approved.

However, we do really need a EUR/NLG exchange, regulated, fair, transparent. I've been toying with the idea for a while, but the real obstacle would be the right papers and partner. I know a few people in private banking that could do this both with the backing of EUR aspect and having the proper financial licenses, but I rather have someone else picks this up as it would require 110% effort and focus.

Now, we could step out of the Dutch laws by going through some sort of deal with the Swiss and a Swiss bank. Pairing NLG to CHF. Which would be very prestigious and lucrative for everyone.

[LTEX]

Building an exchange isn't the hard part though, it's getting the right paperwork to not get shot the fuck down. It will take a partnering with someone with the proper licensing (read bank, insurance agency, private bankers or financers) or if someone without licensing wants to or needs to do it would take at least 6 months to get the right paperwork and licensing. And then it's uncertain if it would get approved.

However, we do really need a EUR/NLG exchange, regulated, fair, transparent. I've been toying with the idea for a while, but the real obstacle would be the right papers and partner. I know a few people in private banking that could do this both with the backing of EUR aspect and having the proper financial licenses, but I rather have someone else picks this up as it would require 110% effort and focus.

Now, we could step out of the Dutch laws by going through some sort of deal with the Swiss and a Swiss bank. Pairing NLG to CHF. Which would be very prestigious and lucrative for everyone.

I completely agree! But for our own BTC/NLG exchange we don't need any regulatory papers do we?