★★★ [ANN][GTC] GUARANTCOIN ★★★ cryptocurrency backed by real gold,KGW-Fixed,Nscr

[mpmcsweeney]

Relaunch announcement in 5...4...3...

[GuarantCoin]

Again sorry guys, for this inconvenience please mind that early miners are in fact more lucky than the opposite, as the block reward rate was incorrent you miners were mining 10 times more than supposed to

No relaunch planned just fixing incorrect data imput. Was our mistake sorry

[samuelseidel]

Again sorry guys, for this inconvenience please mind that early miners are in fact more lucky than the opposite, as the block reward rate was incorrent you miners were mining 10 times more than supposed to

No relaunch planned just fixing incorrect data imput. Was our mistake sorry

No problem 

[Xperianz]

Again sorry guys, for this inconvenience please mind that early miners are in fact more lucky than the opposite, as the block reward rate was incorrent you miners were mining 10 times more than supposed to

No relaunch planned just fixing incorrect data imput. Was our mistake sorry

May I ask from which block the fork occurred?

[dstorm]

gtc.altmine.net has been updated. The new block value starts at 1150.

[wzttide]

SwapHole.com updated:

https://www.swaphole.com/#!market/GTC/BTC

[GuarantCoin]

Again sorry guys, for this inconvenience please mind that early miners are in fact more lucky than the opposite, as the block reward rate was incorrent you miners were mining 10 times more than supposed to

No relaunch planned just fixing incorrect data imput. Was our mistake sorry

May I ask from which block the fork occurred?

Block 1150

[makina]

gtc.coinardia will be updated?

[SharpNieSharp]

gtc.coinardia will be updated?

i think is it allready updated, they were doing something with deamon minutes ago and i think its allready on new one

[GuarantCoin]

http://guarantcoin.com/outside/25.4.png

If you wanna be sure, hit HELP-DEBUG and to console type "getinfo"

You should see protocolversion" : 70003, if it's -02 Update now

[Xperianz]

gtc.coinardia will be updated?

It's done, payments should be flying out now.

EDIT: Both nodes are updated

[loveyouforever]

good coin, count me in

[Xperianz]

Btw, we need more pools, gtc.coinardia.com has well over 51%, it's closer to 90%. We could close registrations but that wouldn't be fair to new miners until we have more pools.

[nikos64]

Thank God for the mistake...
I'll mine some coins with my 145Kh/s 

[samuelseidel]

Btw, we need more pools, gtc.coinardia.com has well over 51%, it's closer to 90%. We could close registrations but that wouldn't be fair to new miners until we have more pools.

I know, do you know about someone who can help me with setting up MPOS pool for GTC?
I send you private message. GTC have to be decentralized.

[vindyne8]

If you want to get on Bittrex, they tweeted this earlier:

Bittrex ‏@BittrexExchange 1h

Want us to add a coin? Make sure you get your community to message us. We weigh that heavily into our choices.

So, tweet @BittrexExchange to please add @GuarantCoin to their exchange. Just once, don't spam them.

[hometester]

Chat started on 25 Apr 2014, 06:19 PM (GMT+0)


(06:19:47) *** Dev team member joined the chat ***
(06:19:47) *** Visitor 56184803 joined the chat ***
(06:19:49) Dev team member: Hello, how can I help you?
(06:30:24) Dev team member: Fo
(06:30:26) Visitor 56184803: Is the gold already in stock to back this?
(06:30:49) Dev team member: Yes it is.
(06:31:35) Visitor 56184803: How many Kilos?
(06:31:56) Dev team member: 50 Kg in safe deposit
(06:32:24) Visitor 56184803: so how on earth are the devs going to profot from this?
(06:32:29) Visitor 56184803: profit*
(06:32:39) Dev team member: Yeah
(06:33:34) Dev team member: We would like to sell IPO to get back money from investment to gold.
(06:34:59) Dev team member: We would like to have revolution coin
(06:35:13) Dev team member: We were working on for months...
(06:35:36) Visitor 56184803: The maths dont make sense
(06:36:05) Dev team member: Boss...
(06:36:11) Dev team member: normal
(06:36:31) Dev team member: We fixed it.
(06:36:57) Dev team member: From block 1150 will be value of one block only 10 GTCs.
(06:37:21) Dev team member: 10 times less
(06:37:51) Dev team member: Now is great time to buy some guarantcoins.
(06:38:18) Visitor 56184803: You do realise it is hard to believe you guys have 50kilo of gold man.. If it was legit therewould be proof available
(06:38:48) Visitor 56184803: 50 kilogams is more than some poor countries
(06:40:28) Dev team member: You can mine 4200 GTCs and exchange it right now, or you can mine it, it is up to you
(06:40:39) Dev team member: *buy it - sorry
(06:42:01) Dev team member: I could take picture of gold, but bank will be open on Monday :/
(06:42:06) Visitor 56184803: Well there is no proof where there should be, this blind faith doesn't bide well with me personally
(06:42:39) Visitor 56184803: I think that would help the coin if you did that. if this is legit then the forum should be heaps more active withthis ANN
(06:43:11) Dev team member: Thanks for your ideas.
(06:43:30) Visitor 56184803: anyway apart from that, how are you going to profit from this? You cant just be giving away so much gold for no returns
(06:44:05) Dev team member: Returns is that we are selling IPO.
(06:44:34) Visitor 56184803: and that would more than cover the 50 kilos?? come on
(06:45:17) Dev team member: yes we get about 5%... because btc price isn't stable :/
(06:46:03) Visitor 56184803: 50 kilos in 10 gram purchases , would cost a heap.. who is the rich dude behind this?
(06:46:42) Visitor 56184803: The IPO stated 1 btc = 2 gtc coins..
(06:47:20) Dev team member: Dude is the 119th richest man.
(06:47:39) Dev team member: I can't say name. Sory.
(06:48:09) Visitor 56184803: ok thankyou for your time
(06:48:19) Dev team member: Good bay!
(06:48:57) *** Visitor 56184803 left the chat ***

What do you guys make of this? Would proof of gold ownership help this coin go big? Does the math work out... 50 kilos of gold is hard to wrap your head around amongst all these scamcoins etc..please discuss

[mpmcsweeney]

If gold is verified and someone can prove that they exchanged GTC for gold...yeah shit would get unreal.

[hometester]

But the mining time to get 4200 coins with this 10 coins per block ANN :/

[mpmcsweeney]

Yeah my 250 kh/s isn't exactly making it rain...haha