Re: [ANN][EFL] Electronic Gulden Foundation (foundation being established)
1. The Foundation was established on July 3rd, 2014 as this was the only way to rescue the e-Gulden from perdition.
2. A tremendous amount of effort is being put into the further development of our coin. As a first step weve launched our new website, today, at http://e-gulden.org. We have also released new versions of the e-Gulden wallets. You can download these on the new site.
2. A tremendous amount of effort is being put into the further development of our coin. As a first step weve launched our new website, today, at http://e-gulden.org. We have also released new versions of the e-Gulden wallets. You can download these on the new site.
I saw on Poloniex awhile back that the original devs set this coin up as a scam and they still hold majority of the premine, very risky and something you should mention to investors.
I take it EFL bagholders who were caught out feel they need to carry on with the coin but 99% of us have lost to scams at some point, no point beating a dead horse.
Do you guys know about Guldencoin? It's backed by a honest team and never been part of a scam like EFL. This will always come back to bite your coin in the future... the Dutch should unite and support one coin. imo
I am not Dutch btw but I think Guldencoin is great!
The E-Gulden is much better. The E-Gulden has a bigger community and a bigger market cap.
The halve reward of the E-Gulden will be this year in November.
The E-Gulden has been in all the Dutch media.
The current hashrate is 20 times bigger from the start of the Foundation.
The value has also increased from the start of the Foundation.
The E-Gulden has also some other advantages.
On the long run the E-Gulden will beat Guldencoin!!
10 million premine (50%), 8,840,835 mined already, which means close to 95% of the coins already in circulation and in a few hands. Once your block reward halves your hashrate will halve unless you are preparing to pump the price and manipulate the market. This will be easy since the coin is very cheap. While you pump the price, the original dev group will be ready to dump out and smiling all the way to the bank.
Goodluck
21.000.000 total amount of coins
10.500.000 premine coins >> 5.039.340 off the premine coins in hands of the foundation >> 50% of the premine coins..
10.500.000 coins to be mined
In circulation 8.840.835 >> More than 40% in circulation. >> 3.383.974 is mined. The other 5.456.861 coins are premine coins
If you do your math the right way.....
10.500.000 premine coins.. minus the
5.456.861 sold premine coins
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5.043.139 premine coins not on the market minus
5.039.340 premine coins in hands of the foundation
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3799 of the premine coins in hands of the original devs.....
So the original devs have probably only a small amount of the premine coins of nothing at all....
Litesire..Your story is based on thin air.
Do your math before you say something...
Alright the problem is I was looking at coinmarketcap which is incorrectly reflecting the total mined coins. When you have a premine coinmarketcap doesn't include the premine, however they have included 5 million of your premine inflating EFLs total free market value by over 60%.
Your total coins as of this post is 13 888 775 according to http://cryptoblox.com/chain/Electronic%20Gulden?count=20
So right now your true marketcap should be around $23992.5 at current prices. 13 888 775(total) - 10 500 000(premine) = 3388775 * $ 0.007080 = $23992.57
Rightfully your coin should be 183 rd position which I do remember it being about a week or 2 ago, so someone must of requested the change on your end.
This is why I came to the figure I did earlier as I took coinmarketcaps coin total for EFL + premine.