Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
JwJimJim
on 17/11/2017, 10:53:22 UTC
Bitcoin has been a good store of value but any shop I walk into that accepts bitcoin say they not getting any people buying using their bitcoin and who would since the value keeps going up and up. I think Rijk wants a stable price for Gulden so people don't have to fear that when they spend their Gulden the next day it's going to be worth 20% - 100% more. Then they can buy back in the next day at a similar value.

Merchants are noticing this about Gulden and why more merchants are adding Gulden as payment method.

It does suck for people who want to make huge profits but as a currency Gulden is performing better then bitcoin as it's more stable.

Marketing of Gulden sucks but with marketing would come more price fluctuations. I don't know anymore maybe Rijk has thought about this and why the marketing is non existent.

When you google gulden you get this: "Gulden - Added value for your money" I guess by added value they don't mean added value as in financial but as practicality. Though i'm sure 99% reads the first meaning

Gulden is in a strange place, it will literally be the best coin technically but I doubt anyone will know this outside of the current community?

Technicality hardly matters these days any more, it's now the coin that makes the most profit in speculation.... period. Greed is high these days.

Pre 2016 innovation was rewarded but crypto has fallen into the same trap as the stock market where it's where the money flows and that is the best coin.  A lot of new coins have the benefit of wealthy companies or individuals behind it that can support high prices. PoW or PoS however was not good enough because miners would have some control and so ICOs were born where a few individuals of said token can buy them all up and control the market easier.

We will have to wait and see if PoW2 or SegSig brings any new investment and if not then innovation is currently dead in this landscape and developers like MaNI may aswell go work for a bank developing blockchains for them.

Innovation is still rewarded , Gulden devs need to prove that PoW2 and SegSig is possible. All I see is delays and excuses. Latest was public testing to start this month. What will be the excuse when November is finished?