Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
maursader
on 07/02/2018, 11:01:53 UTC
I didn't want to post this in the Gulden Announcement page to avoid bias opinions but wanted to know if Gulden is a safe bet compared to other alt coins. The reason I am asking is I noticed there ranking on coinmarketcap is way below other coins that have nothing going for them or is it that the other alt coins are way over priced?

I haven't got any Gulden - but I do have some views on it.

I would say that it is a long term investment contender.
It's not a run of the mill scrypt/sha256 bitcoin clone - uses DELTA POW.
The devs tool a 10% PREMINE. This would be enough for many on BTC to start writhing and cursing like the little girl on the Excorist - however they appear to be spending this premine wisely and diligently.

Bottom line is that they seem to have quite big traction in the NL - if anything will break mainstream it could be somewhere like the NL where it happens and this coin would be an obvious choice.

My advice would be if you like a gamble, buy on the troughs and hold long term - it's pretty stable price wise anyway.

then i'm out... if a want to gamble i'll do some dice so i can take my profit quickly.
and as an investment... 10% premine doesnt sound good.

The premine is the reason the coin is this cheap, I agree it turns investors away but I can also vouch for the team having put it to good use to date. 99.9% of ICOs, IPOs, Premine'd coins have been scams which makes crypto users hesitant.

I bought my first Gulden a little over 100 about 2 years ago and today it's 450 with more supply, it's clearly a coin on rise and they not beholden to special interests because the community funds the projects.
Do you think the premine has already been dumped or what do you mean with that the price is so cheap because of the premine?

Is there any way to monitor the premine coins in the block explorer?