Quote from: jwinterm on November 30, 2016, 02:43:31 PM

Quote from: RJF19 on November 30, 2016, 02:26:22 PM

Quote from: ironm@n on November 30, 2016, 09:34:38 AM

I realized that they have remained strong in the market for some time, even without much hype, but there is all this premine stuff.
It may be a good investment at some point, but I'm not sure if this is the time to invest, because with the btc bull market in scene, the altcoins can have tough times for the next few weeks.

So, if I start a real world company, I'm supposed to do it without capital? All the bashing of "premines" is childish. Of course many coins here with a premine were scams as in the real world many startups are scams. If you want to build a company, you need money up front, period. Gulden's record, growth and adoption speak for themselves. As long as a project can account for the premine, there is no problem.

It's not childish to be leery of something that purports to be a currency when 50% of the available money supply is controlled by a single (anonymous?) entity. A currency is not a company.

I would guess about 50% of the premine has been used for services,development etc already.

Over 500 btc has been raised with giving out the premine to the community who have helped fund the team. Only 40 btc of this 508 btc has been used to fund the developers for 3000 hours, they spending very wisely.

https://shares.gulden.com

EDIT: This was posted by the developers today, if they really had bad intentions they would remain anonymous.

Quote from: Gulden on November 30, 2016, 12:11:09 PM

A glance at the event G2: Gulden in Groningen

The afternoon kicked off great with most of the attendees arriving in style using Taxi Noord and paying with Gulden. After that cool experience, everyone assembled at De Bovenkamer in Groningen. Such a great and unique place.

Read more and watch the video

+- 25% of the total supply is premine which is still a lot but if they keep getting funding it will keep dropping.