Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
GreenBits
on 18/08/2016, 15:20:26 UTC
I didn't want to post this in the Gulden Announcement page to avoid bias opinions but wanted to know if Gulden is a safe bet compared to other alt coins. The reason I am asking is I noticed there ranking on coinmarketcap is way below other coins that have nothing going for them or is it that the other alt coins are way over priced?

I haven't got any Gulden - but I do have some views on it.

I would say that it is a long term investment contender.
It's not a run of the mill scrypt/sha256 bitcoin clone - uses DELTA POW.
The devs tool a 10% PREMINE. This would be enough for many on BTC to start writhing and cursing like the little girl on the Excorist - however they appear to be spending this premine wisely and diligently.

Bottom line is that they seem to have quite big traction in the NL - if anything will break mainstream it could be somewhere like the NL where it happens and this coin would be an obvious choice.

My advice would be if you like a gamble, buy on the troughs and hold long term - it's pretty stable price wise anyway.

then i'm out... if a want to gamble i'll do some dice so i can take my profit quickly.
and as an investment... 10% premine doesnt sound good.

While I'm not invested in this asset and have no intention to, I must say that a premine, ESP one as small as this, is much more preferable than all the ICO style cash grabbery that usually goes down here.