Post
Topic
Board Announcements (Altcoins)
Re: [NLG] The even greater Gulden thread!
by
Tsegicalicol
on 19/01/2022, 06:38:57 UTC
Was it not possible to create Florin on the Gulden blockchain? It looks like a really low IQ decision if it was possible. Both coins would benefit from each other, the way things are setup at the moment does not add any value.

One of the community members from the USA pointed out the first batch of major florin holding accounts will start expiring from the 29th January and within 2 weeks +200k florin will be made available on the market, if 25% convert of the florin profits is converted to Gulden then it's possible to buy 5 million Gulden off the markets. This looks to be adding value to me.

Ofc selling all the florin holding accounts at once would drop the florin price to under $5, this process will take time but I doubt users will hold with as much florin as before because they miss out on these price fluctuations. Traders are making much more florin and btc profit by not holding. I also expect one more pump before these holding accounts start expiring.

Florin also serves a different purpose, it's rare and slower blocktimes all setup for store of value. Gulden is setup as a currency with faster blocktimes and enough supply to act as a good payment method with a more stable price.