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Re: [NLG] The great Gulden thread
by
metare
on 18/07/2018, 19:00:49 UTC
⭐ Merited by BioMike (1)
A new article from Malcolm about how witnessing works:

https://medium.com/@MacLeod_MJ_za/beginners-guide-to-witnessing-11253afd645d
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Re: [NLG] The great Gulden thread
by
metare
on 17/07/2018, 13:58:11 UTC
⭐ Merited by dgmon (1)

Isn't Peercoin PoW2? They have PoW and PoS that you have mentioned in this article.

In Peercoin you sign a block with EITHER PoW OR PoS. in PoW2 you sign with PoW AND PoS. That's a huge difference for security reasons. Malcolm discusses this detailed in the Whitepaper.

Edit:
Find the Whitepaper here:
https://guldenpagina.nl/wp-content/uploads/2017/07/tmp_25790-Gulden_PoW22819007230.pdf

Relevant paragraph:
Quote
3.4. Combined PoS/PoW
Some coins like Peercoin – combine PoS and PoW – the theory being that
this makes the coin twice as secure. However, in reality, this doesn’t hold true,
the problem is that the PoW and PoS miners are competing with each other
to generate blocks. This, in turn, means more orphans and fewer profits for
miners, which means reduced hash rate. This at best means the gains are much
less than expected and at worst means that it actually makes the security worse.
If multiple PoS blocks in a row is a common sight then only PoS is required to
perform an attack, and vice-versa if multiple PoW blocks in a row is a common
sight then only PoW is required to perform an attack. In short instead of being
as strong as both; it is instead only as strong as the weakest of the two, thus
opening the coin up to more attacks and not less.
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Re: [NLG] The great Gulden thread
by
metare
on 20/03/2018, 09:37:20 UTC
⭐ Merited by BioMike (1)
My reply was sarcasm.

*flips a coin* -> heads "Yeah, I totally intended to throw a heads."
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Board Speculation (Altcoins)
Re: [NLG] The great Gulden thread
by
metare
on 13/03/2018, 17:21:26 UTC
 Huh Am I a madman, a troll or both now? This leads to existential crisis  Undecided
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Re: [NLG] The great Gulden thread
by
metare
on 13/03/2018, 16:33:29 UTC
I agree with our Dutch Jesus on that. If you go through all TwoRightsMakeARight's posts (which are not many), they are all purely positive about Gulden.
Also who asks such a question and doesn't engage in the discussions that follow?

If he really closed the thread because he feared that the ongoing discussions would hurt the NLG price, I would call that pretty naive. The two big things pushing down the price were the overall price drop in crypto market and the "watch out for some sneak previews to follow!"

I hope RichPissman doesn't mind being labelled Dutch Jesus  Roll Eyes
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Re: [NLG] The great Gulden thread
by
metare
on 13/03/2018, 11:17:04 UTC
Thanks to BioMike for opening the new thread.
An openly accessible platform is essential for discussing both positive and negative news.
An approach such as slack, which is more reminiscent of 1984, does not necessarily promote confidence in the product. This is why I definitely prefer this platform here.

I don't know Rijk as a person but is he more extreme left or extreme right when it comes to censorship and his viewpoints?

I don't know him either, but appart from the official updates I didn't find open communication or discussions of the Gulden dev-team.
I understand that one wants to focus effort on the development rather than communications but as an open-source project IMHO you shouldn't hide behind closed curtains.
While considering to join the slack channel I saw too many posts about getting banned for a critical point of view and not one who called those out to be false. That's why I got the impression of a 1984 like state in there.

I rather have this thread where you can post your point of view freely if the only cost is that we also see some sarcasm, trolling and sometimes rage-comments. This way it's way more likely that one can build an opinion compared to if there's only whitewashed progaganda around.
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Board Speculation (Altcoins)
Re: [NLG] The great Gulden thread
by
metare
on 13/03/2018, 10:13:13 UTC
Thanks to BioMike for opening the new thread.
An openly accessible platform is essential for discussing both positive and negative news.
An approach such as slack, which is more reminiscent of 1984, does not necessarily promote confidence in the product. This is why I definitely prefer this platform here.
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Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
metare
on 12/03/2018, 09:12:57 UTC
Krusty aren't you well  Shocked
I normally expect you to fool around and make sarcastic comments but this post was neither of it.
Of course there was this sublte stinging against a specific person but I'm still worried we might lose our clown here.
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Re: Is Gulden a good investment?
by
metare
on 28/02/2018, 15:11:43 UTC
I cringe to think what the price is going to be after 1st March when development is not ready.

Price will be at it's lowest before the 1st March according to the charts I am reading. Gulden will have it's $5900 moment like bitcoin before returning to about $70 million marketcap while waiting on further development news.

Gulden should get to 0.08 Euros before the trend changes upwards.IE The fear sellers will be close to being finished and the smart money buying up will be greater then the sellers.

The mental warfare on this announcement page is peaking PoF (Proof of fear) and another 20% drop will be PoD (Proof of despair)

Lips sealed
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Re: Is Gulden a good investment?
by
metare
on 27/02/2018, 10:24:21 UTC
In addition, we have also all ICO's where someone puts 10,000,000 flapdrol-coins on the market and a friend buys one Flapdrol for 10 euros and, hoppa, Flapdrol is worth 100 million on CMC.

And that's the reason who HODL is such bad strategy. If they would be liquid, price would correct quicker and the friend just bought a very expensive Flapdrol.

HODL is not generally a bad strategy neither for an investor nor an asset, it reduces volatility to some point. The problem starts when an assets only use case is HODL.
Let's take a look at houses, most are HODL'ed for a relatively long time, therefore a bubble can build up (-2008), however for most houses there is also another use case (shelter) and that's why I wouldn't say that buying a house is a bad idea. Buying a house no one want's to live in and you buy because you think that you can resell it in a few years for double the price you invested however IMO is a bad idea.
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Re: Is Gulden a good investment?
by
metare
on 23/02/2018, 14:22:43 UTC
Good news all!

https://dev.gulden.com/february-development-update/

SegSig is gonna happen!!! I know a lot of people here was in doubt about SegSig but the next release is going to be huge. SegSig and PoW2!!!

Many thanks to the author of this update. This elaborate article surely helps to deal with the growing uncertainty of the last months. I really appreciate the depth of explanation of what is going on behind the scenes, which in my opinion is a big improvement to the january update.
I hope the thorough testing can settle successfully soon and the developers can see as much appreciation as they saw critical votes lately.
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Re: Is Gulden a good investment?
by
metare
on 21/02/2018, 16:46:37 UTC
So, testing for a few months now... and now they come with "It is extremely complex and must be perfect"?

Seems like they found fundamental, exploitable flaws in their idea.

Can you imagine with a deadline they are unable to deliver something... now without deadline ,what it will be ...

And with their fantastic communication now  everybody know when it will be ready : It will be ready when it will be

G is dying and will be soon a zombie coin

Everytime I see posts like this, I immediately assume no basic knowledge about software development of the issuer of the post. I always wonder why such a person would put a serious amount of money in cryptos, knowing that the market is flooded with scamcoins.
Delay in software release is already an old topic and well known but "There is no silver bullet!", especially not in big releases.
Yes you are right I have no basic knowledge in software development. So I suppose if you want buy stock of a biochemical company , you should at least have Biochemical Phd ? No you read the investor fact sheet , and decide what to do. In this case the fact sheet is the official website where announcement is done. But following your opinion , Dev are liars and we can not trust him. Good to Know.

If you want to invest in a startup with new biochemical stuff in the pipeline, then you don't need a Phd but you should be able to understand if their claims are rubbish or not. Especially for startups you can't rely on how they performed so far. Also you should be able to know your risk, which safes you from surprises. If you can't do this either the company is not transparent enough or you didn't do enough own research.. or both.
I don't see evidence that they are liars, nor is this my opinion. Since I know about the difficulties to estimate time consumption of a software project I never saw those dates in the roadmap as a promise but as a self set goal of the developers.
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Re: Is Gulden a good investment?
by
metare
on 21/02/2018, 15:43:57 UTC
So, testing for a few months now... and now they come with "It is extremely complex and must be perfect"?

Seems like they found fundamental, exploitable flaws in their idea.

Can you imagine with a deadline they are unable to deliver something... now without deadline ,what it will be ...

And with their fantastic communication now  everybody know when it will be ready : It will be ready when it will be

G is dying and will be soon a zombie coin

Everytime I see posts like this, I immediately assume no basic knowledge about software development of the issuer of the post. I always wonder why such a person would put a serious amount of money in cryptos, knowing that the market is flooded with scamcoins.
Delay in software release is already an old topic and well known but "There is no silver bullet!", especially not in big releases.
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Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
metare
on 20/02/2018, 17:33:58 UTC
Hmm, I should read the famous tweet chronicles of Goebbels once again.
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Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
metare
on 15/02/2018, 08:49:28 UTC
To Developers, please wake up and actively release some good news!!!

we are running out of time to catch up the up trend

As I see this, NLG not showing the same uptrend at the moment is a very good sign, especially for future investors.
If you search for a long term investment coin, which one would you trust more:
The one which has nearly the identical chart like bitcoin with high volatility with often no apparent reason or the one which keeps at a constant value while no big news are available?

Keep in mind that if an asset reacts intensely to good news it will most likely do so for bad news too. I myself am content with NLG not being the same rollercoaster on the markets as most other coins.
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Re: Is Gulden a good investment?
by
metare
on 09/02/2018, 17:42:43 UTC
lol people love to create FUD for no apparent reason, it's like people can't accept that Gulden is in fact an awesome coin, probably because they want to buy cheaper, as it's always the case when there's FUD around


MaNI is one the best developers around and work for Gulden, just deal with it Smiley 

I don't think that this is solely FUD in order to drop NLG price.
I felt like I saw this kind of behaviour before. Now I know where this was.
It is like people in the comment section of Youtube Let's Players who feel entitled to e.g. command the Let's Player to do more content. It is the kind of people who think that others owe them because of their minor support. That's like feeling entitled to get something for free just because you waited for it.
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Re: Is Gulden a good investment?
by
metare
on 07/02/2018, 12:11:33 UTC

2 community members bet PoW2 would be out in June - August last year... until we see some proof I am going long on the release date.


I'd like to know: Do you guys really think, that development works so much smoother in "normal" businesses?

For this I'd like to tell you a little story:
I use a CAE software solution at work which is developed by one of the market leaders in that segment. The software is under license (annual fee for usage and continous improvement of the software) and the company I work for is not a key customer to the software company.
About one year ago their customer support offered us to give beta-access to test a new feature which might prove very helpfull in our daily work. It was one of their big things to be implemented in the new software version to come and was announced years before and already delayed heavily.
The beta-testing of it showed following:
    - The new feature was hardly working and most of the time spent testing it, I was trying to get a stable run.
    - Most of the functionalities the feature offered didn't work.
    - Bugs reported to the support took weeks to get a short reply and most didn't get solved.
    - During this time the feature still got promoted by using stable live demos.
    - The demos could be reproduced in the beta version but small modifications would break them.

About 3 months ago the new version of the software was released including the new feature.
I tested it again with a 3 month trial:
    - The new feature requires an own (costly) sublicense.
    - New functionalities added but most don't work.
    - Customer support ignores requests about the feature.
    - More bugs added.
    - Some key functionalities removed.
    - We have no clue when a usable version of the feature could be available.
    
Can you tell me if you would rather have the Gulden developers work like this successful worldwide operating company?
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Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
metare
on 03/02/2018, 10:08:39 UTC
It is nice to see that many people here don't understand how it works at Gulden.
Gulden is nothing.
Gulden is only an algorithm that runs on a considerable number of computers.
Gulden is not a company.
No one can be held liable for anything because there is no authority. So talking about "the team" or "they" or "the dev's" who have to deliver something on time or do marketing or must be doing this or that is bull shit.
There are only a few people who do the development of the wallets and they are not accountable to anyone. Do you pay them?
Surely it is unnecessary to whine about a deadline, because which deadline? Yours?
We all want that the the update will be released as soon as possible but I do nothing for it so i do not complain.
So all other activities (marketing, advertising, development of user cases) for Gulden must be picked up by someone who wants to do something with Gulden. It must come from the community and if it does not work out, it is your own responsibility and you cannot blame anyone else and certainly not "they" or "the team".


I totally agree with flappie. I encourage anyone in here complaining about marketing to talk to your friends and relatives about the prosperious future of Gulden and the big opportunity we see right now. Post about it on social media, in the comment sections of your favourite press or directly contact press representatives and encourage them to make a report about Gulden. If you did this, feel free to complain about other Gulden supporters who did not take the effort but keep it polite.
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Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
metare
on 03/02/2018, 09:58:34 UTC
I don't really get the whole confusion around the NLG price drop lately. People in here act like Gulden is an island, that acts independet to other cryptos.
Some times this is true, when for example before christmas the BTC price drops while NLG rises.
For the latest week however we can see almost every cryptocurrency dropping and rising similarly. My interpretation of the recent events is, that the measurements against cryptocurrencies announced by India and China and before South Korea lead to a wide uncertainity in possible new investors.
When now the FOMOs of Nov and Dec start to sell their assets and only few new adopters opt in the market the price naturally fall. The reason why Gulden at the moment behaves similar to the other big cryptos might indeed be because of FUD about POW2 and SegSig.
Another point is: I assume there is still a very solid base of investors for Gulden who also want to buy in some more, if prices are low. Now if everyone waits with buying new NLG, prices will fall further until a critical mass of investors decide for themselves that the bottom point of the dip is reached.
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Re: Is Gulden a good investment?
by
metare
on 02/02/2018, 13:49:38 UTC
sell gulden fast and take dollars. There will be no crypto next week, and then you'll have a few bucks. that's better than nothing .
the whole market is needed and nobody will be rich then. bye bye Crypto

Nice try with the FUD, just inconvenient that the panic selling is already reverting back to panic buying Grin