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

[TheMightyX]

First this is crowdfunding project, the gold is to be secured first
by no other means, but from IPO/backers first.
The whole model is built around this from the start it's obvious.
I will take a session with our team and try to come up with something, that
would increase our credibility and trust. Meanwhile please consider that there
could be some projects left, that isn't nothing more than a scam.

First you say to another member you already have 50kg gold, now you have no gold and it will be bought with IPO funds.
 

Regardless, there is a key flaw with this model.
Assuming that you are buying a certain amount of gold with the IPO funds, and then guaranteeing a value for ALL coins based on that IPO amount, the initial investors are the only ones who lose out. The miners get coins that are guaranteed at a certain rate, but the investors coins are only guaranteed at a rate several times lower than their initial investment.

[xingqiaoyin]

I cant install the windows wallet, always get message the windows wallet is invalid help ?

[Winky]

WTS 487 GTC for 0.487 BTC

[samuelseidel]

GTCPOOL.COM STARTED!
0% Fee | 1 GTC bonus per block for blockfinders!

Register and start mining on port 3333.

[Xperianz]

GTCPOOL.COM STARTED!
0% Fee | 1 GTC bonus per block for blockfinders!

Register and start mining on port 3333.

Coinardia concurs 

[Trinibits]

GTCPOOL.COM STARTED!
0% Fee | 1 GTC bonus per block for blockfinders!

Register and start mining on port 3333.

Coinardia concurs 

So does that big grin mean your cutting your fees and giving a 1GTC per block for blockfinders aswell?

[Xperianz]

GTCPOOL.COM STARTED!
0% Fee | 1 GTC bonus per block for blockfinders!

Register and start mining on port 3333.

Coinardia concurs  

So does that big grin mean your cutting your fees and giving a 1GTC per block for blockfinders aswell?

We will cut the fees down 0% as usual but first we need to distribute the hashing power among the pools, gtcpool needs more miners and their low fees compared to ours should give the incentive for miners to join gtcpool.

[fr4nkthetank]

this is the dumbest coin ive ever seen

people sure fall for dumb shit nowadays

[samuelseidel]

this is the dumbest coin ive ever seen

people sure fall for dumb shit nowadays

And you are who?

[xingqiaoyin]

I cant install the windows wallet, always get message the windows wallet is invalid help ?

Any takers, guarantcoin ?
My download always stuck @ 4 mb instead of 21 mb

[deathmul]

WTS 500 GTC

[TheMightyX]

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

then:

First this is crowdfunding project, the gold is to be secured first
by no other means, but from IPO/backers first.
The whole model is built around this from the start it's obvious.
I will take a session with our team and try to come up with something, that
would increase our credibility and trust. Meanwhile please consider that there
could be some projects left, that isn't nothing more than a scam.

Do I really have to spell this out for you people?
What the fuck are you doing!?
I'm getting sick and tired of having to point this shit out because everyone else is too fucking oblivious to say anything ><

[elviselvis101]

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

then:

First this is crowdfunding project, the gold is to be secured first
by no other means, but from IPO/backers first.
The whole model is built around this from the start it's obvious.
I will take a session with our team and try to come up with something, that
would increase our credibility and trust. Meanwhile please consider that there
could be some projects left, that isn't nothing more than a scam.

Do I really have to spell this out for you people?
What the fuck are you doing!?
I'm getting sick and tired of having to point this shit out because everyone else is too fucking oblivious to say anything ><

Outta this world..

[andyatcrux]

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

then:

First this is crowdfunding project, the gold is to be secured first
by no other means, but from IPO/backers first.
The whole model is built around this from the start it's obvious.
I will take a session with our team and try to come up with something, that
would increase our credibility and trust. Meanwhile please consider that there
could be some projects left, that isn't nothing more than a scam.

Do I really have to spell this out for you people?
What the fuck are you doing!?
I'm getting sick and tired of having to point this shit out because everyone else is too fucking oblivious to say anything ><

I am not saying this is no scam, but the dev states right in that text that the IPO covers the cost of the gold, so in a sense it is backed by the IPO. The gold being in stock doesn't mean there is no reimbursement for it. I am not sure what if anything that this post proves.

[Trinibits]

Has anyone sent coin off yet to receive some gold?

[xingqiaoyin]

I think this coin is a big fail.
The windows download cant even complete  .

Clearly a pump n dump coin. Wasted 24 hours mining this POS.

[KaTXi]

Hi guys.

I've set up a test pool with NOMP for GuarantCoin, check it out here:

http://mmostories.com

You can also mine Giarcoin and GlobalDenomination there and we will enable multi-coin auto switch for Scrypt-N in a few weeks. You only need your GuarantCoin address as username, no need to register:
http://mmostories.com

Fees are 0.9% while in testing, please, PM me or post here if you start using it, test, comments, whatever...

[anryanryanry]

It looks like an excellent coin, I feel calm before the storm  Also, I joined and sent to BTC IPO, I'm looking forward to my GTC will be sent, I hope it will be soon
I have a nice cold feeling that today I have made ​​himself rich future
Good luck to all! 

[SharpNieSharp]

Selling 5k of that coin  for 1.5 btc

pm me if intrested

[UGETHIT]

WTS 1200 for .2 btc.  on Europex exchange.  It takes 4200 coins to get the 10 gram bars of gold worth 428.11 each.


1200 of 4200 = 0.2857142857142857% of the coin needed to get 10 grams of gold

10 grams of gold = $428.11

0.2857142857142857 times 428.11 = $122.32

So you get 122.32 dollars of coin for the amazingly low price of $91.25.