Quote from: konner on March 09, 2017, 12:12:53 PM

Quote from: pijpenstelen on March 09, 2017, 10:08:12 AM

Quote from: konner on March 09, 2017, 09:29:05 AM

Development is slow but steady. I see no problem in that.

I do have some doubts about the pre-mine and the lack of openness about that by the dev team. I know they have this page where you can see what they spend, but not on what and there is also over 600BTC paid for shares that is completely off the radar.

When I see now that there are two more dev's (both friends and family) it sort of looks like they are spending a lot more on the same stuff (friends creating app's). Other projects do this as well (like Groestl), only in their own time, at their own costs and without any premine. Fact is projects like Groestl produce even higher quality and way more lines of code. This team surely does it's job right, but way more expensive and at a much lower pace. In my opinion Gulden will have way better chances if they start hiring some good PR in stead of more slow coders.

And then there is the issue of the ETF approval that is almost sure to go through this Saturday. I know officially it will be announced on Monday, but the default term actually ends this Saturday. Effectively it will be approved by default if it is not explicitly declined before the end of tomorrow. I'm sure a lot of people are going to speculate on ETF approval this weekend. This could easily boost BTC price above $ 2000. If that happens, Gulden will surely drop sub 750 SAT. So I for one am seriously thinking of temporarily selling out on this one for now and buy back at pre summer 2016 prices.

Just my two cents.

Development was slow to start with Gulden but it's not slow anymore, I don't know any coin that releases faster. It was first coin to do 0.13 code base update along with 9 other innovative features in one release. No coin is faster then the current development Gulden has going. I did have a look at GRS during the 51% attack scandal and all i see is copying everything bitcoin does, no innovation like Gulden has. I do agree GRS does copy bitcoin code faster then most other coins.

I agree Gulden is doing good innovations and also Groestl is probably only just adopting fast to BTC developments. My point was just that it seems to me that a lot of money is flowing into this development from the community, where other coins are getting a lot of coding done without those funds. A lot of crypto projects are done by developers in their free time and without any salary, still they manage to progress nicely.

If I remember correctly the core dev (MaNi) was said to be full-time on development once the 50BTC target of the shares was reached. We are now over 600BTC and 6 months further, but I don't see any progress in release times, they are even behind on their roadmap.

I also think Prime is a very good development and surely a solid base for the future. It's just that I think it won't contribute anything to the valuation of the project or the coin. The only thing that matters to get a solid base for any project like Gulden is the user base. For now, that only consists of a small group that are blindly following a tightly closed movement. To reach the masses, I'd say you need to open up and start investing in PR as well.

The problem with other coins is that the developers are anonymous. I have tried to get the Myriad team to come out in the open, the excuse that satoshi was anonymous is not an argument since the people working on the bitcoin codebase now have an identity. I have purchased Gulden because they doing good things but also the team isn't anonymous and the community have had meetups with the dev team in the past. This makes a big difference in trust for people.

It's the only reason dgb has higher value then Myriad because Jared is out in the open but Myriads dev is better then digibyte.