coinz4fun
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Activity: 62
Merit: 0
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June 25, 2014, 06:12:29 PM |
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From my personal experience, GDN has remained stable and active more so then other coin communities I have worked with in the past. Often, I see a new cryptocoin start up and it appears very profitable at first. This is simple supply and demand forces, because there are very few coins available in the market, and so there are more buyers than sellers in the beginning. This causes the price to spike very early on. Then after the surge in price, miners start hitting it very hard as it becomes easy to mine and sell in the same day and turn a good profit. As this continues to happen, more and more coins enter the market. Eventually there are so many more miners and sellers that the price can longer be supported and it falls until it reaches a maintainable baseline. What happens after the coin has hit its stable baseline, is what determines the fate of most cryptocoins. At this point, most crap coins would experience a dev leaving or lack of continued support and communication. This is because the dev doesn't see enough money for himself/herself anymore. However, unlike like these crap coins, the GDN dev's are still here. They are communicating, supporting, and actively developing GDN at a rate they can continue at in the long run. That is why I choose to invest my money into Global Denomination. Just my two cents. +1 You re right GDN is live coin allways. All crypto coins dying but GDN will be live allways. I believe it. +1 +1 You right guys, GDN is sleeping lion
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frillyozz
Newbie
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Activity: 43
Merit: 0
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June 25, 2014, 06:33:28 PM |
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From my personal experience, GDN has remained stable and active more so then other coin communities I have worked with in the past. Often, I see a new cryptocoin start up and it appears very profitable at first. This is simple supply and demand forces, because there are very few coins available in the market, and so there are more buyers than sellers in the beginning. This causes the price to spike very early on. Then after the surge in price, miners start hitting it very hard as it becomes easy to mine and sell in the same day and turn a good profit. As this continues to happen, more and more coins enter the market. Eventually there are so many more miners and sellers that the price can longer be supported and it falls until it reaches a maintainable baseline. What happens after the coin has hit its stable baseline, is what determines the fate of most cryptocoins. At this point, most crap coins would experience a dev leaving or lack of continued support and communication. This is because the dev doesn't see enough money for himself/herself anymore. However, unlike like these crap coins, the GDN dev's are still here. They are communicating, supporting, and actively developing GDN at a rate they can continue at in the long run. That is why I choose to invest my money into Global Denomination. Just my two cents. +1 You re right GDN is live coin allways. All crypto coins dying but GDN will be live allways. I believe it. +1 +1 You right guys, GDN is sleeping lion +1 I completely agree with you guys above. I have been away for a little while, but I still have all my GDN. I plan on sticking around and supporting GDN for the long run!
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Apostle4444
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June 25, 2014, 09:31:16 PM |
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From my personal experience, GDN has remained stable and active more so then other coin communities I have worked with in the past. Often, I see a new cryptocoin start up and it appears very profitable at first. This is simple supply and demand forces, because there are very few coins available in the market, and so there are more buyers than sellers in the beginning. This causes the price to spike very early on. Then after the surge in price, miners start hitting it very hard as it becomes easy to mine and sell in the same day and turn a good profit. As this continues to happen, more and more coins enter the market. Eventually there are so many more miners and sellers that the price can longer be supported and it falls until it reaches a maintainable baseline. What happens after the coin has hit its stable baseline, is what determines the fate of most cryptocoins. At this point, most crap coins would experience a dev leaving or lack of continued support and communication. This is because the dev doesn't see enough money for himself/herself anymore. However, unlike like these crap coins, the GDN dev's are still here. They are communicating, supporting, and actively developing GDN at a rate they can continue at in the long run. That is why I choose to invest my money into Global Denomination. Just my two cents. +1 You re right GDN is live coin allways. All crypto coins dying but GDN will be live allways. I believe it. +1 +1 You right guys, GDN is sleeping lion +1 I completely agree with you guys above. I have been away for a little while, but I still have all my GDN. I plan on sticking around and supporting GDN for the long run! +1 more
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asemov
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June 25, 2014, 11:17:19 PM |
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http://GDN.HASHLINK.EUSpread some hash! - 1% Fee on all pools - PROP Payout system - Dedicated Servers - Multicoin Pool - High performance NODE.js backend - User friendly MPOS interface - STRATUM - VARDIFF - Skilled admins - Forum and IRC Support
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GlobalDenomination (OP)
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June 26, 2014, 08:33:52 AM |
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Thank for the report, its now working sorry for the downtime.
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quovadiz
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June 26, 2014, 08:01:38 PM |
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From my personal experience, GDN has remained stable and active more so then other coin communities I have worked with in the past. Often, I see a new cryptocoin start up and it appears very profitable at first. This is simple supply and demand forces, because there are very few coins available in the market, and so there are more buyers than sellers in the beginning. This causes the price to spike very early on. Then after the surge in price, miners start hitting it very hard as it becomes easy to mine and sell in the same day and turn a good profit. As this continues to happen, more and more coins enter the market. Eventually there are so many more miners and sellers that the price can longer be supported and it falls until it reaches a maintainable baseline. What happens after the coin has hit its stable baseline, is what determines the fate of most cryptocoins. At this point, most crap coins would experience a dev leaving or lack of continued support and communication. This is because the dev doesn't see enough money for himself/herself anymore. However, unlike like these crap coins, the GDN dev's are still here. They are communicating, supporting, and actively developing GDN at a rate they can continue at in the long run. That is why I choose to invest my money into Global Denomination. Just my two cents. Well said... i abs agree with u... Beyond the fact the devs r not implementing new functions/features/anonimity/etc so fast in this coin, what u said is exactly the reason i'm still mining GDN... Just two GPUs
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chiznitz
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June 27, 2014, 03:26:09 AM |
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Bittrex currently has GDN on the removal list for Friday, June 27th.
In order to keep this coin listed please explain any upcoming improvements to the coin that will generate community interest. We try to keep coins that have community interest. However, this coin has fallen below an average of .1 BTC Daily volume. Coins below this threshold have been marked for removal. We will weigh all information before making our final decision.
Thanks all,
Ryan @ Bittrex
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timk225
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June 27, 2014, 01:37:44 PM |
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It's getting removed because it's a dead suck ass coin that is going nowhere. I'm glad I got out when I did.
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Trollollo
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June 27, 2014, 03:15:21 PM |
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It's getting removed because it's a dead suck ass coin that is going nowhere. I'm glad I got out when I did.
Try to tell this somewhere else.This coin is not for fast profit.If you want to get some profit you need to work out.GDN is not for weak hands lol)))
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yavuzc78
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June 27, 2014, 03:16:30 PM |
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It's getting removed because it's a dead suck ass coin that is going nowhere. I'm glad I got out when I did.
Try to tell this somewhere else.This coin is not for fast profit.If you want to get some profit you need to work out.GDN is not for weak hands lol))) +1
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timk225
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June 27, 2014, 04:22:55 PM |
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I am all about fast profit, so I guess you are right, this turd coin isn't for me.
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frillyozz
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Activity: 43
Merit: 0
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June 27, 2014, 05:30:32 PM |
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There is an 8 BTC buy order for GDN on poloniex right now
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yavuzc78
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June 27, 2014, 05:32:36 PM |
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GDN go to moon 8 BTC buy order now
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frillyozz
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Activity: 43
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June 27, 2014, 05:49:11 PM Last edit: June 27, 2014, 06:20:45 PM by frillyozz |
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GDN go to moon 8 BTC buy order now
Price is definately rising fast. Already up to 800 satoshi. Its funny cause our friend up above sold us all thsoe cheap GDN at 200 :p *EDIT* Up to 1400 satoshi now
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frillyozz
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Activity: 43
Merit: 0
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June 27, 2014, 06:22:21 PM |
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I recently came to the conclusion that GDN is just another crapcoin and sold off the 4500 I had. Barely got 0.015 BTC for it, thus verifying its crappiness.
Should have waited till today mate. Oh well..
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yavuzc78
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June 27, 2014, 06:29:50 PM |
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GDN rising on poloniex an bittrex
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Unkn0vn
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Activity: 45
Merit: 0
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June 27, 2014, 06:36:41 PM |
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GDN is only starting! Got some profit waiting for more GO GO GDN!
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