Quote from: Protwoco on Today at 09:45:18 AM

Quote from: Danuberiver on Today at 06:24:58 AM

Quote from: BartoszinNL on March 18, 2021, 12:12:00 PM

Novo has it's total supply reduced from 10 billion to 210 000, this is why the price has jumped 200% in 24hrs. This is a test for Gulden to reduce max supply from 1.6 billion to 600 million and drop rewards by 90%? This is will be a welcome move for Gulden! It will be unfair if 1 project of Rijk does this but not the other.

Rijk has learnt but had my doubts, this is what needed to be done with Gulden and complained many times that the supply and reward is too high, I didn't invest in Novo because of the 10 billion supply but if the price drops to $3, I will buy 500 - 1000 coins and hold.
With EFL the total supply and reward was done proper by the original creator, but he was not a good developer and Gulden does have a good developer but the total supply and high rewards stop it from growing.

You will never see $3 again, the 210 000 total supply is after 100 years, the current supply is over 60k. You won't get 1% of the supply sold at $3 which is slightly over 600.

This coin was created to give long term Gulden investors a chance to make some money. What a gift. Price is $16 and will climb to $30 next week.

I am sad I sold the Novo I mined to buy Gulden, why is the development fund destroyed and with Novo funds destroyed how they going to lower the Gulden reward, will Gulden have to pay for both funding?

This is confusing for me but don't get any hope up of reward cut. Many in the GAB are part of Novo and they won't lower reward for Gulden if no money for Novo development.