Post
Topic
Board Announcements (Altcoins)
Re: [NLG] The even greater Gulden thread!
by
Albert4Gulden
on 26/01/2022, 06:47:54 UTC
This was my thinking before I worked out the figures

Some community members on slack have mentioned a coin burn or another reward halving to help the price. Bitcoinmeester removed Gulden because the price is too low. I was thinking the reward stress must be similar to Florin, I tried to do a comparison of what each block costs between florin and Gulden.

Gulden block is every 2.5 minutes and florin every 5 minutes. So I must *2 the Gulden reward to make it have sense.

Gulden reward every 5 minutes = 180 NLG *  0.006 = €1.08 every
Florin reward every 5 minites = 0.1 XFL * 53 = €5.3

This was my thinking after I worked out the figures

Rijk is right, whales are forcing the value of Gulden down on purpose. Gulden has 1 5th of the selling pressure from block rewards compared to Florin.