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Showing 20 of 41 results by Weas89Trf
No one can complain in the future that they didn't have a chance to buy Gulden at low prices. Fortune favours the brave, this is the time for the brave.
I am starting to lose faith, the team have another coin and have lost interest in Gulden from my perspective, the traders don't care and high fiving each other for 1 sat profits. For long term holders the situation looks dark and without the reward change last year, Gulden will be dead in the water.
Why does Gulden get removed from litebit, bitcoinmeester etc while other coins don't have this problem? Is the crypto industry against Gulden? Are there forces that want to see this coin fail because they don't like the team? The latter would be stupid as the team has another coin, so all they are doing is screwing over the normal Gulden user.
pre Novo?
Novo was a new coin created by Rijk to raise more funds for development. In hindsight if they tried lowering the max supply and rewards for Gulden first it's all that would of been needed to keep development funded. The problem for the main developer Malcolm is he has to support 2 blockchains and not 1 which will slow development for Gulden.
What are the plans for this coin? I am looking at a few low value coins to take a risk on and Gulden was suggested by a friend as a coin that has not lived up to it's potential in terms of price.
I would sum Gulden up as a sad case of unfortunate decisions at unfortunate times.
The best news of 2021 has been the max supply change from 1.68 billion to 700 million and reward from 160 to 90 and will halve every 4 years. Gulden is definitely a buy for this reason alone at these prices, pre Novo, Gulden had super fast development and lots of innovation that is still ahead of most coins today. A few more exchanges and a bit more exposure and it is one coin that can easily achieve 100x from todays prices in 4-5 years.
It's sadge that we have no clarity on the above. It's poor form to keep people in limbo status on what is seemingly a easy decision to make.
Gulden operates uniquely to other coins. Its a hybrid setup with centralised funding for development but Rijk doesn't take responsibility for the coins success or failure outside of development. This is left to the supporters of Gulden to make a success. This is what I read from Rijks previous posts which is good that he is transparent about it.
niet stemmers is a political party in the Netherlands, has a similar concept of centralized funding through taxation for no work or responsibility. The Dutch voters didn't like the idea but they were transparent about it. Sounds familiar?
Niet stemmers had a good idea because politics was in a poor state 4 years ago. Knowing a thing or two about politics in the Netherlands, any political party that stands for elections needs to pay over 11000 euros to participate. The salary for parliamentarians is about 7500 euros and if you don't attend you won't get paid. Its that simple.
I also don't believe Mr Plasmas needs the 7500 euros a month to survive when he most likely earns 5 times more a month as a lawyer.
Reducing the supply and rewards is not a good idea, it benefits the bagholders. Novo is a good example of what happens when you cut max supply, new buyers have to pay much more for 1 coin.
I would rather Gulden die a slow death then survive by starting supply and making a few rich.
I would rather Gulden die a slow death then survive by starting supply and making a few rich.
Putting money in Gulden / NOVO is similar to purposely dropping your soap in the prison shower.
All comes down to economics, the more money the Gulden community pay towards Novo the less the Gulden community will get out of the developers. Rijk is in charge of the developers as the founder on both projects and he will stipulate how the developers will use the time they have. As a developer myself and I am in a situation where I have 2 managers asking me to do work, the priority has always gone towards the revenue generating work. You give more towards Novo and Novo brings in many buyers, Rijk won't give the time of day to Gulden, it's this simple. I don't have to know him to know how life works.
I have thought of a solution that can work for everyone involved.
Why don't gulden holders get the option to do a coin swap with Novo and kill the Gulden chain after 3 months, only keep it for users that still need to swap.
It makes the most sense because there is 10 billion Novo at 4 Euro each and Gulden is 523 million at 0.006 Euro. For people to swap it won't make a dent in the Novo supply and the developers focus on 1 project.
Gulden is a dumping ground for early adopters and the dev rewards is not helping. With Novo the reward is only 0.2, my God can you imagine if Gulden only had 0.2 reward. Price would fly!!
This idea should be explored more seriously.IMHO
Novo is a copy of Gulden and people witnessing Gulden can witness Novo, mining uses SIGMA. I don't think Rijk will mind sharing part of the 10 billion premine for the coin swap and he absorbs the entire Gulden community into Novo. This is a fair solution because Gulden is getting fucked hard with the rewards where Novo has major unfair advantage with 0.2 reward per block every 5 minutes.
Block reward up to 160G instead of 120g
Guess who takes 50% of the block reward ....
Mouhahahahahahahahahahahahaha just say to this guy to hold-up all the G and end of the story
Guess who takes 50% of the block reward ....
Mouhahahahahahahahahahahahaha just say to this guy to hold-up all the G and end of the story
It's true, the dev reward is going to 80 for development, I Thought you were trolling,
Block reward up to 160G instead of 120g
Guess who takes 50% of the block reward ....
Mouhahahahahahahahahahahahaha just say to this guy to hold-up all the G and end of the story
Guess who takes 50% of the block reward ....
Mouhahahahahahahahahahahahaha just say to this guy to hold-up all the G and end of the story
funny guy
Hi,
Can someone help me get in contact with Nocks, I had a lot of coins left on that exchange and I would like to get them back.
Can someone help me get in contact with Nocks, I had a lot of coins left on that exchange and I would like to get them back.
Try supplying them your Gulden address but it looks like your coins concluded it's journey on the 1st July.
How do I get in contact with them? I never bothered to check because I lost 90% value on my coins and using coinmarketcap to keep track. What did they do with everyones coins ? I can't be the only one.
What does Nocks and Novo have in common besides both starting with N? Novo will also fail because Rijk will hold all the coins and expect the community to market and do all the work. With Gulden he could get away with it because it was decentralized coin but Novo is 99.9% centralized token. All the tokens he will be in competition with don't expect the community to do the marketing.
Novo is a waste of time because any new token starting today needs a lot of money to back it. Not the 69 followers from Gulden following the Novo Twitter account. Anyone that has purchased the IPO is expecting to sell to mainstream users willing to buy at overinflated prices.
Gulden dev fund is used to develop Novo because let's be honest no investors with any economic sense would pay 500 times for 1 Novo using the same development as Gulden with 20 times the supply.
You can buy 1 million Gulden for the same price as 2000 Novo and Novo will have 10 billion supply compared to Gulden that has over 500 million and total 1.68 billion.
Is it possible that Novo was created to showcase Gulden for how cheap it is, if Novo gets listed on coinmarketcap it will be top 50 because of 10 billion * 2.04 Euro * $ conversion = $24 276 591.60. This will put Novo as number 3 on coinmarketcap.
Quote
To settle the above discussion, I can confirm that I have not written a single line of Novo code yet, but have instead being working incredibly hard on phase4 for Gulden.
My involvement in Novo so far has only been some very brief use of my time to advise on various technical aspects of what is and isn't possible and to verify that deadlines are achievable, which they are.
The amount of work from me required initially to get Novo going is really not that great in the scheme of things and the extra developer power it brings should more than offset that in terms of overall dev time available for the code base that both projects will have in common, so should actually ultimately lead to me having more time to work on important stuff and less time dealing with things that other developers could be taking care of.
This assumes the success of Novo, should it not be a success, then nothing much changes other than a small amount of lost time and a need to try persue other funding avenues.
Hope this is of assistance.
My involvement in Novo so far has only been some very brief use of my time to advise on various technical aspects of what is and isn't possible and to verify that deadlines are achievable, which they are.
The amount of work from me required initially to get Novo going is really not that great in the scheme of things and the extra developer power it brings should more than offset that in terms of overall dev time available for the code base that both projects will have in common, so should actually ultimately lead to me having more time to work on important stuff and less time dealing with things that other developers could be taking care of.
This assumes the success of Novo, should it not be a success, then nothing much changes other than a small amount of lost time and a need to try persue other funding avenues.
Hope this is of assistance.
The above is from Malcolm the main developer of Gulden. It looks like Novo has been created to help pay for development of Gulden.
This clears matters up for me and wish the team best success in raising funds.
I was pro Gulden until this new coin announcement, a lot of the community feel stabbed in the back and shows what everyone has been saying about Rijk. He has ZERO empathy for the situation and no one knows if the Gulden dev funding has gone to develop the new coin.
https://medium.com/coinmonks/ranking-cryptos-by-number-of-nodes-57a12e4ae51a
Great article, Gulden is top 10 in the world with amount of nodes but only 490 on coinmarketcap. Which shows that most coins and tokens only care about traders and not usability.
Great article, Gulden is top 10 in the world with amount of nodes but only 490 on coinmarketcap. Which shows that most coins and tokens only care about traders and not usability.
⭐ Merited by Jean.Luc (1)
Phase 4 next year?
Either November or early next year according to Malcolm.
Good to see this update is almost here. Took it from the dev posts last year.
SegSig
Advantages of Segregated Signature The 58% factor:
1. 58% space saving on all transactions.
2. 58% increased transaction throughput. No block size or frequency changes needed.
3. Combined with our planned project Epoch, users will be able to run Gulden nodes on the most modest hardware well into the future.
4. Overhaul to the transaction script system which allowed us to implement PoW² and SegSig as clean as possible along with other benefits.
Post the 2.0 update a technical write up of SegSig will be
FYI its taken Ethereum 4 years to implement a full POS solution which is coming next year.
Gulden developers are fast and very underrated and under appreciated at these prices.
Digibyte has been saving on every block since 2017.
Jared is unique in the industry, good developer but also goes out and promotes digibyte with a humble attitude and is respectful to his community. The sat price is the same as Gulden with more then 26 times the supply.
The Gulden community is the same with Bart and Malcolm answering questions. Rijk was a problem which the GAB sorted out and he can focus on what he is good at, which is development and ux design. I suspect Rijk is working +16hr days to make Gulden work and doesn't have the patience or time to deal with the community.
Gulden Euro price is the price I predicted after increase in rewards. It's safe to start buying these levels.
The dev funding is only temporary, the rewards will be 80 in the future.
50 mining and 30 witness.
Earned my first reward Jean.Luc , thanks again for letting me know to keep the wallet open but future accounts I will still go for 220-250k. I will buy slowly over 3 months as I can see it does not take much btc to push the prices high and don't want to indirectly manipulate the market by buying 5 btc worth in small timeframe.
That is smart buying, buying 5btc worth in one go on bittrex would move the price up by 5 times current value and because their is a lot of fear in the market people are willing to give away their Gulden for low prices.