Post
Topic
Board Altcoin Discussion
Re: GLDCOIN @ Cryptsy! YAY
by
fenican
on 24/05/2013, 05:20:58 UTC
This coin started with 200 blocks worth 10,000 GLD each.  That is 2,000,000 coins that were minted in about 4 seconds.

To put that in perspective, DCG has only minted about 400,000 coins total

It is a miracle the price is as high as it is.  This is a worthless coin.  Get out now while someone is still naive enough to buy

where is your proof? stop crying already and move on

http://gld.block-chain.net/block/e39be079a4e57af79f63edb2726bdcb401ae520fa5b5328bbeab185b5b3d636e

Click on next block over and over and cry yourself a river.  Every one of those 10,000 coin blocks will be going up in a firesale

these were used for bounties and to spread the wealth, now you got anything new to say?

Irrelevant.  That enormous float of coins, minted in seconds, will all be going up for sale.  Where do you think someone got 100,000 to unload at .00000000000009 or whatever ...