NA

[WaterLooDown]

Did you actually consider changing from Scrypt to something which can not be mined by ASIC's? I think as soon as the ASIC hit mainstream a lot of the current scrypt coins will lose all it's value? I'm talking about those 60MH miners not small gridseeds.

It's tough to know what the effect will be, but litecoin will most likely be the coin that get hits hard with Asics initially. Since there is enough volume to support people dumping out. On the other end of the scale people buying gridseeds have big money, esp the ones from KnC that cost close to $10000. Now if it's someone that has dipped into there life savings and needs to ROI then they will be dumping out which could initially effect coin prices or make it so it costs more to mine the coin with the price/hash ratio. The later would only be a problem though if all POW scrypt coins became unprofitable to mine cause a person mining to ROI is going to take the best current priced coin and mine it via multipools.

On the other end of the spectrum you will have a rich investor who will buy some hw and also mine a coin they supporting not to dump out but to use and even buy more up. This is why POW coins with no USE will die out with ASICS and the rest will carry on.

Changing to a different ALGO means you are supporting people who can only afford graphic cards.

The above is just my opinions of course and could be totally off.

Future ASICs, including the upcoming KNCs, will support current algorithms.  You're not going to get away from ASICs with an algorithm change.  You're only going to alienate the people with current generation ASICs, myself included.

The reality is that ASICs are cheaper than GPUs now.  A R9 270 will get 450kh at about $120-150 slightly used, and it runs at about 180W.  A gridseed 5-chip unit will get 360-500(OC'd)kh at about $100 new, and it runs at 8W.  There's a reason people are selling off all of their GPUs right now, and GPU prices are tanking.

-Fuse

That raises another good point that ASICs will provide better ROI if you replacing your current GPU KH just because of the power usage, so it makes a lot of coins more profitable.

[ando0022]

Did you actually consider changing from Scrypt to something which can not be mined by ASIC's? I think as soon as the ASIC hit mainstream a lot of the current scrypt coins will lose all it's value? I'm talking about those 60MH miners not small gridseeds.

It's tough to know what the effect will be, but litecoin will most likely be the coin that get hits hard with Asics initially. Since there is enough volume to support people dumping out. On the other end of the scale people buying gridseeds have big money, esp the ones from KnC that cost close to $10000. Now if it's someone that has dipped into there life savings and needs to ROI then they will be dumping out which could initially effect coin prices or make it so it costs more to mine the coin with the price/hash ratio. The later would only be a problem though if all POW scrypt coins became unprofitable to mine cause a person mining to ROI is going to take the best current priced coin and mine it via multipools.

On the other end of the spectrum you will have a rich investor who will buy some hw and also mine a coin they supporting not to dump out but to use and even buy more up. This is why POW coins with no USE will die out with ASICS and the rest will carry on.

Changing to a different ALGO means you are supporting people who can only afford graphic cards.

The above is just my opinions of course and could be totally off.

Future ASICs, including the upcoming KNCs, will support current algorithms.  You're not going to get away from ASICs with an algorithm change.  You're only going to alienate the people with current generation ASICs, myself included.

The reality is that ASICs are cheaper than GPUs now.  A R9 270 will get 450kh at about $120-150 slightly used, and it runs at about 180W.  A gridseed 5-chip unit will get 360-500(OC'd)kh at about $100 new, and it runs at 8W.  There's a reason people are selling off all of their GPUs right now, and GPU prices are tanking.

-Fuse

That raises another good point that ASICs will provide better ROI if you replacing your current GPU KH just because of the power usage, so it makes a lot of coins more profitable.

but one Point  is safe, i somebody buy many ASCI´s, then she/he will dump every coin down to equalize their costs from buying this ASCI.
They spend very much Money for that and wanna have a ROI ..
who should buy all these millions of coins ?

sorry if i am to negative, but you are talking about a bright future with some ASCI`Farms and something else, but at first the most of this Persons wanna reach their ROI.

[WaterLooDown]

Did you actually consider changing from Scrypt to something which can not be mined by ASIC's? I think as soon as the ASIC hit mainstream a lot of the current scrypt coins will lose all it's value? I'm talking about those 60MH miners not small gridseeds.

It's tough to know what the effect will be, but litecoin will most likely be the coin that get hits hard with Asics initially. Since there is enough volume to support people dumping out. On the other end of the scale people buying gridseeds have big money, esp the ones from KnC that cost close to $10000. Now if it's someone that has dipped into there life savings and needs to ROI then they will be dumping out which could initially effect coin prices or make it so it costs more to mine the coin with the price/hash ratio. The later would only be a problem though if all POW scrypt coins became unprofitable to mine cause a person mining to ROI is going to take the best current priced coin and mine it via multipools.

On the other end of the spectrum you will have a rich investor who will buy some hw and also mine a coin they supporting not to dump out but to use and even buy more up. This is why POW coins with no USE will die out with ASICS and the rest will carry on.

Changing to a different ALGO means you are supporting people who can only afford graphic cards.

The above is just my opinions of course and could be totally off.

Future ASICs, including the upcoming KNCs, will support current algorithms.  You're not going to get away from ASICs with an algorithm change.  You're only going to alienate the people with current generation ASICs, myself included.

The reality is that ASICs are cheaper than GPUs now.  A R9 270 will get 450kh at about $120-150 slightly used, and it runs at about 180W.  A gridseed 5-chip unit will get 360-500(OC'd)kh at about $100 new, and it runs at 8W.  There's a reason people are selling off all of their GPUs right now, and GPU prices are tanking.

-Fuse

That raises another good point that ASICs will provide better ROI if you replacing your current GPU KH just because of the power usage, so it makes a lot of coins more profitable.

but one Point  is safe, i somebody buy many ASCI´s, then she/he will dump every coin down to equalize their costs from buying this ASCI.
They spend very much Money for that and wanna have a ROI ..
who should buy all these millions of coins ?

sorry if i am to negative, but you are talking about a bright future with some ASCI`Farms and something else, but at first the most of this Persons wanna reach their ROI.

Hey Ando, that also concerns me but the good news is that it doesn't matter how many ASICs get thrown our way there will always be the same amount of daily coin earned +- depending on fluctuations on hash rate. The main thing is that enough buyers and enough use for the coin.

If I was living in Amsterdam I would most likely be a daily customer at De Prins or if I was living near any of the 3 Subway branches for that matter.

[nfigueir]

Did you actually consider changing from Scrypt to something which can not be mined by ASIC's? I think as soon as the ASIC hit mainstream a lot of the current scrypt coins will lose all it's value? I'm talking about those 60MH miners not small gridseeds.

It's tough to know what the effect will be, but litecoin will most likely be the coin that get hits hard with Asics initially. Since there is enough volume to support people dumping out. On the other end of the scale people buying gridseeds have big money, esp the ones from KnC that cost close to $10000. Now if it's someone that has dipped into there life savings and needs to ROI then they will be dumping out which could initially effect coin prices or make it so it costs more to mine the coin with the price/hash ratio. The later would only be a problem though if all POW scrypt coins became unprofitable to mine cause a person mining to ROI is going to take the best current priced coin and mine it via multipools.

On the other end of the spectrum you will have a rich investor who will buy some hw and also mine a coin they supporting not to dump out but to use and even buy more up. This is why POW coins with no USE will die out with ASICS and the rest will carry on.

Changing to a different ALGO means you are supporting people who can only afford graphic cards.

The above is just my opinions of course and could be totally off.

Future ASICs, including the upcoming KNCs, will support current algorithms.  You're not going to get away from ASICs with an algorithm change.  You're only going to alienate the people with current generation ASICs, myself included.

The reality is that ASICs are cheaper than GPUs now.  A R9 270 will get 450kh at about $120-150 slightly used, and it runs at about 180W.  A gridseed 5-chip unit will get 360-500(OC'd)kh at about $100 new, and it runs at 8W.  There's a reason people are selling off all of their GPUs right now, and GPU prices are tanking.

-Fuse

That raises another good point that ASICs will provide better ROI if you replacing your current GPU KH just because of the power usage, so it makes a lot of coins more profitable.

but one Point  is safe, i somebody buy many ASCI´s, then she/he will dump every coin down to equalize their costs from buying this ASCI.
They spend very much Money for that and wanna have a ROI ..
who should buy all these millions of coins ?

sorry if i am to negative, but you are talking about a bright future with some ASCI`Farms and something else, but at first the most of this Persons wanna reach their ROI.

This is not really an issue because if the hash rate rises so rises the difficulty, and as such, the same amount of coins enters in circulation. The only difference is that they will be spread among less persons.

[ny2cafuse]

Hey Ando, that also concerns me but the good news is that it doesn't matter how many ASICs get thrown our way there will always be the same amount of daily coin earned +- depending on fluctuations on hash rate. The main thing is that enough buyers and enough use for the coin.

If I was living in Amsterdam I would most likely be a daily customer at De Prins or if I was living near any of the 3 Subway branches for that matter.

+1... I'd be at De Prins every day too.

That's it, I'm moving!

-Fuse

[Svener]

Guldencoin team I have an idea regarding your distribution.

You are currently giving away 100 NLG which caters for 1.5 million citizens, however lets be honest the Dutch population is around 17 million and how many of those people are under 16 and also elderly people that will probably never use the coin.

Have you thought about maybe increasing the reward to 500 or maybe a 1000, lets say you do 1000 then you can also market it as saying the first 150000 thousand people will get 1000 NLG each. The benefit here is that at least 1000 NLG has some value where people will make a effort to get it. Not that it is my business but maybe think about it and maybe the community has some other ideas

The only issue would be people who claimed 100 NLG already, how would they get the 900 remaining to them?

EDIT: Also this will get rid of the distribution funds a lot quicker.

[pijpenstelen]

Guldencoin team I have an idea regarding your distribution.

You are currently giving away 100 NLG which caters for 1.5 million citizens, however lets be honest the Dutch population is around 17 million and how many of those people are under 16 and also elderly people that will probably never use the coin.

Have you thought about maybe increasing the reward to 500 or maybe a 1000, lets say you do 1000 then you can also market it as saying the first 150000 thousand people will get 1000 NLG each. The benefit here is that at least 1000 NLG has some value where people will make a effort to get it. Not that it is my business but maybe think about it and maybe the community has some other ideas

The only issue would be people who claimed 100 NLG already, how would they get the 900 remaining to them?

EDIT: Also this will get rid of the distribution funds a lot quicker.

There is a lot more then 1.5 million working class citizens in the Netherlands but I also think if the reward was increased to 1000 it would bring more interest in from the 150k Dutch people that are lucky enough to hear about it, if the price eventually goes to 1000 Satoshi then 100 is good but say 20 000 people claim to dump out into btc, that would be 20mil coins flooding the market.
I recommend the team at least bring out more value for the coin like they doing before increasing the rewards that high. 250 or 500 would be safer at this point in time.

[Coincookie]

For current prices of Guldencoin in Euro, Dollar and Bitcoin you can visit the ticker from Guldencoinforum.com with special thx to the community.

Cookie.

[zhouhuiyan520]

it looks like goole map...some one want to dev it? Map coin...integrate with map

[pijpenstelen]

For current prices of Guldencoin in Euro, Dollar and Bitcoin you can visit the ticker from Guldencoinforum.com with special thx to the community.

Cookie.

Very Cool! Will this be added to the ANN for future reference or should I just browse the guldencoinforum?

[Coincookie]

For current prices of Guldencoin in Euro, Dollar and Bitcoin you can visit the ticker from Guldencoinforum.com with special thx to the community.

Cookie.

I freaking new it was the last post.. For now it's on there, maybe it'll get a place for its own.

C.

[coin-swap]

NLG is listed at Coin-Swap.net

Markets
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NLG/DOGE


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Ian

[nickenburg]

Really nice to join coin-swap I can do some nice trades there.
And now we have some merchants who accept the coin to.
We only need a price increase, so next time im in Amsterdam i could buy some snacks with my coins!

[Wildwest]

Really nice to join coin-swap I can do some nice trades there.
And now we have some merchants who accept the coin to.
We only need a price increase, so next time im in Amsterdam i could buy some snacks with my coins!

I think if the team come out with more updates within the next 2 weeks then we know this is going to be one serious VC.

[Coincookie]

I definately think great things will come up and for sure this coin is serious. This dev team is yet to to meet it's match imo.

Cookie.

[pijpenstelen]

I definately think great things will come up and for sure this coin is serious. This dev team is yet to to meet it's match imo.

Cookie.

This coin is a hidden gem. It just must not stay hidden forever

[WaterLooDown]

I definately think great things will come up and for sure this coin is serious. This dev team is yet to to meet it's match imo.

Cookie.

This coin is a hidden gem. It just must not stay hidden forever

NLG is going for the approach of it's great instead of it's going to be great when the exposure comes.

[TamiLee]

And we most definitely will... Can't wait to show you guys the awesome stuff we have planned for the coming week.

 

This is coming at a good time after what happen on bittrex.

[ando0022]

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

[TamiLee]

1,3 mio coins, puh that is a lot.

Yes. Now we will see if coin price can recover or go to under 100.