Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
magler
on 01/02/2018, 22:17:58 UTC
OK..I've made the account just to post this.
I am into Gulden for a long time already and followed them pretty much every day both in terms of development and price action. I am certainly not exactly a whale in this market, but I do hold about 200k NLG which I've struggled to accumulate all this time. At this point I am quiteclose to give up this project and sell everything. It is not because of the price, it is just because the development team is not reliable in terms of delivering. Those who follow the project and are honest with themselves know what I am talking about. The truth is that the word deadline has no meaning for them. They can post a roadmap on the website and just update it for as many times as they need, without any notice or explanations. There is no guarantee about anything when it comes to sticking to a predetermined timeline. If anything, someone will write on slack something like "it was just an estimate timeline" or so, even if that timeline is missed by A LOT, not only by a week or two. The problem is that some people invest in a project based on roadmaps and their estimated implementation time. You cannot just say "yeah, whatever, it's ready when it's ready".
So for everyone who is looking to invest in this project: it is not a scam, it really has a good potential, but be prepared to get frustrated and annoyed by the way this team works and communicates. They really don't have much consideration for keeping their word or for any kind of criticism.
That being said...I don't know what I will do, but for the first time I really started to consider alternatives (and yes, I am sorry for not doing this earlier).

Could not agree more. I am holding 100k Guldens, and was planning to add 1m in the following days, yet yesterday, the team has lost my trust. I was talking about the lack of marketing and communication at Slack, and guess what happened. I was banned from the group without any warning. I know that we are not investors of a company or a corporate entity, yet we are sort of early adopters.

I am running a company in Turkey, and we were testing to use Gulden as the primary payment method to pay our freelance partners ($100k/month), and the technology of Gulden was quite useful. However, atm, I am no longer in favor of doing so, due to lack of communication at Gulden, which causes huge ambiguities and questions on my mind. The attitudes of the team puts a certain pressure on price, and it is not wise to rely on such volatile currency and team behind (who has clear communication problems).

I am not sure about that they have full understanding of what managing a community is, thus the Gulden page is almost closed to me. Also, I do understand you have high hopes for the future and want to believe this will happen, but trust is my top priority, which Gulden team has no understanding of how to create and maintain it.