Post
Topic
Board Announcements (Altcoins)
Re: [NLG] Guldencoin.com/pay-here — Guldenwallet for iOS coming soon
by
Halofire
on 07/09/2014, 15:48:50 UTC
Hello Guldencoin Community!

I have been in contact with the OP owner about an idea I had for sustaining the amount of NLG in existence. While I did not get an excited reply from him, I didn't release my idea yet, but it's golden (gulden) haha. I know the inner workings of how coding goes: create the definitions, then apply with coded direction, and I'm fully aware of the existing codes of most coins. I'm able to check github sources for hidden blocks and premines and to verify certain features like how PoS or block times should be. I was going to create my own coin with this feature I discuss, but I feel NLG could be the derserving coin. I've had this idea for almost a year, and told only two people in crypto about it. I'm not just giving an idea, I'm giving a lifeline for all users of the gulden.

What's the point of this coin if people lose them in their wallets? Gone forever, well, not gone, but inaccessible so those coins might as well be considered gone. While this should improve the price, no one really knows for sure which coins are locked up, which coins people are just holding, or which coins really are inaccessible, so price increases won't occur like everyone thinks

My idea would preserve the guldencoin forever, so that there will always be 1.7 billion coins for future generations to enjoy - of course once we hit the coin cap in many years. The whole purpose of making guldencoin was to reintroduce the beloved gulden back into the Netherlands, so if people lose them and the coin supply dwindles, that's asinine.

Before I release my idea to the dev as I was instructed to do by the OP owner, I wanted to ask the community if this would be in the communities interest as well. We are the holders and owners of NLG, I'd like to hear if you want NLG to be preserved forever or if the community would rather have the coin supply dwindle down as coins get lost. Remember, as coins get lost, the price should go up, but who knows which coins will really be lost so it's nearly impossible to dictate when the price should accommodate these lost coins.

The only thing I will tell about my idea at this time is that it does NOT include coding additional coins into the works or like how DOGE produces coins forever. This is the key to sustainability without inflation.

I will not ask for anything other than the credit for my idea to include using the name I've thought of for my idea. If people want to donate coins to me, that's fine, but isn't necessary. I'll accept NLG or BTC, but I'd be happy knowing my name will live in crypto history forever.

Yes, I am involved in OC, but I'm a miner first and have been involved in crypto for over a year, please do not let my other interests in other coins come between the possibilities I can provide.

I'm on twitter as well as @halofirebtc if people would like to follow me there.

So community, what are your thoughts?