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legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
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September 10, 2013, 10:18:10 PM
#41
GoldCoin is a weak copy of a copy with absolutely no innovation. If Bitcoin is displaced it won't be by that garbage.

Thank you for your comments.

But I'm not sure why you refer to our work as "garbage". We are working very hard at several innovations at the moment and have currently released a new and unique security checkpoint system.

Gold coins could make an impact if they made physicals.

This is a great idea and one that we have on the drawing board. Your input is appreciated.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 10, 2013, 09:55:24 PM
#38
And stop saying you will pass BTC, it just makes you look stupid.

Thank you for your opinion.

However, I honestly think that will happen and not a single person has been able to point out to me why it can't and why it won't. We'll continue working and improving the coin and I think there will be a lot of people surprised by the outcome. I still have a few tricks up my sleeve and a little gas left in the tank.

And I certainly don't intend to fix something that isn't broken. We're ahead of target and gaining steam.  Smiley
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 10, 2013, 09:37:53 PM
#36
Having "Gold" in the name means nothing.

Actually the word "Gold" is the primary reason this coin will overtake Bitcoin and Litecoin in terms of combined marketcap in the near future. Never underestimate the subconscious buying power of an entire civilization of beings.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 10, 2013, 09:27:13 PM
#35
500 for you guys that mined it before it was anywhere

45 for anyone now or in the future

Yea, great way to garner new interest in your project (if you can call it that)

We have mined very few coins. Most of the early adopters and miners from the 500 era dumped their shares onto the open market. That's one of the reasons the price is so unbelievably low at this point.

This does not change the fact that early miners got 11x coins per block compared to now.

We debated the best way to fix the problem and came up with a solution that we felt was best.

It's not a perfect solution but it created a coin with a chance for tremendous long-term success. I think when we look back from the perspective of a $100 GoldCoin, this period in the coin's history will be little more that a tiny bump in the road.


legendary
Activity: 1876
Merit: 1000
September 11, 2013, 02:24:39 AM
#34
Bitcoin and Litecoin developers did the work and you just come and copy past....

Open source...no?

yes, which make it a bad copy  Wink , and the one who copy and past cant call him self a Dev, developing is all about innovation and resolving issues.....

yes within this community there's certainly alot of blabber on about innovation, every troll in every thread seem to repeat the same gibberish, does anyone here ever think in actual terms of decent public adoption?

Which brings me to the point; 1)  joe public doesn't give two hoots about what u guys describe as innovation. 2) I am yet to see any real innovation in this alt section of the forum.,

legendary
Activity: 1148
Merit: 1001
things you own end up owning you
September 11, 2013, 02:03:39 AM
#33
Bitcoin and Litecoin developers did the work and you just come and copy past....

Open source...no?

yes, which make it a bad copy  Wink , and the one who copy and past cant call him self a Dev, developing is all about innovation and resolving issues.....
legendary
Activity: 1876
Merit: 1000
September 11, 2013, 02:01:46 AM
#32
Bitcoin and Litecoin developers did the work and you just come and copy past....

Open source...no?
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
September 11, 2013, 01:51:04 AM
#31
you still didn't answer 2 of my questions:

1- how many coins do you hold (honestly)
2- how much is the network Hash-rate right now ( I know how much it is but I want you to tell it here)

when talking about digital-crypto currencies the first thing comes to any investor mind is the security of this currency, I know some people who can destroy your coin twice a day by pointing their hash power to the network.
your coin is a bad copy of LTC, forked, suffers with the low net-hashrate, and every single and most important parameter about it was changed, and have a group of scammers running it, calling the people involved developers is a shame for IT, your a bad copiers, Bitcoin and Litecoin developers did the work and you just come and copy past....

legendary
Activity: 1876
Merit: 1000
September 11, 2013, 01:21:30 AM
#30
if I were someone who was about to invest into crypto currencies, I would definitely do my homework and research before blindly throwing money at something. The history of this coin is just too tainted to garner any  real, worthwhile investors.

Pot calling the kettle black.

sr. member
Activity: 280
Merit: 250
September 10, 2013, 10:16:59 PM
#29
goldcoin  Grin ? man, you are dreaming. i guess goldcoin is a poor copy of litecoin ? Grin


you have to post it there also:

https://bitcointalk.org/index.php?board=67.0

Gold coins could make an impact if they made physicals. Casascius the name is already used, but you could invent some totally random name, maybe change the capital C to K, maybe something like Kruger... what about Krugerrand?
donator
Activity: 1218
Merit: 1079
Gerald Davis
September 10, 2013, 10:11:20 PM
#28
However, I honestly think that will happen and not a single person has been able to point out to me why it can't and why it won't.

People have told you, you just ignore it so you can do you youtube scam-o-mercials. 

NETWORK EFFECT.

Bitcoin has it and GoldCoin doesn't.  This is isn't to say something can displace Bitcoin but the network effect sets the bar high and it will need to be something vastly superior.  GoldCoin is a weak copy of a copy with absolutely no innovation.   If Bitcoin is displaced it won't be by that garbage.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 10, 2013, 09:40:45 PM
#27
500 for you guys that mined it before it was anywhere

45 for anyone now or in the future

Yea, great way to garner new interest in your project (if you can call it that)

We have mined very few coins. Most of the early adopters and miners from the 500 era dumped their shares onto the open market. That's one of the reasons the price is so unbelievably low at this point.

This does not change the fact that early miners got 11x coins per block compared to now.

We debated the best way to fix the problem and came up with a solution that we felt was best.

It's not a perfect solution but it created a coin with a chance for tremendous long-term success. I think when we look back from the perspective of a $100 GoldCoin, this period in the coin's history will be little more that a tiny bump in the road.

That's exactly when (if) this will be the biggest issue. It will most likely be the same reason you never achieve those numbers, realistically

And stop saying you will pass BTC, it just makes you look stupid. Again, not an attack, outside observation. It's not good to overpromise. If anything, underpromise and overdeliver.

Just admit defeat to that beast and aim to pass Litecoin
hero member
Activity: 1394
Merit: 505
September 10, 2013, 09:22:43 PM
#26
The price is so low because this is nothing more than a copy/paste Litecoin clone.

NOTHING TO SEE HERE.  MOVE ON.

Having "Gold" in the name means nothing.  You could have called it MyAssCoin and it would have been just as popular
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 10, 2013, 09:22:01 PM
#25
500 for you guys that mined it before it was anywhere

45 for anyone now or in the future

Yea, great way to garner new interest in your project (if you can call it that)

We have mined very few coins. Most of the early adopters and miners from the 500 era dumped their shares onto the open market. That's one of the reasons the price is so unbelievably low at this point.

This does not change the fact that early miners got 11x coins per block compared to now.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 10, 2013, 09:20:52 PM
#24
500 for you guys that mined it before it was anywhere

45 for anyone now or in the future

Yea, great way to garner new interest in your project (if you can call it that)

We have mined very few coins. Most of the early adopters and miners from the 500 era dumped their shares onto the open market. That's one of the reasons the price is so unbelievably low at this point.

Don't take this as me being a dick, because I'm totally 100% neutral on caring whether this one succeeds or fails. I'm just saying that as an outside observer, if I were someone who was about to invest into crypto currencies, I would definitely do my homework and research before blindly throwing money at something. The history of this coin is just too tainted to garner any  real, worthwhile investors.

Again, not trying to be a dick so don't take this as an attack, it's purely outside observation. I have no idea what you guys are doing or plan to do, I'm just telling you that the most readily available information makes this look shady as fuck compared to other coins I can put my money into just as easily

I don't take this as you being a $ick. Your time and input are highly valued.

Best thing you could do, in my opinion, is go back to the 500 GLD block rewards, and start the natural process of lowering it back to 49 in increments.

Obviously, this would most likely not work at this point and just further dilute the per coin price, but going from 500 to 49 in one jump looks greedy as shit. If you had gone like 500, 250, 150, 100, 49, you would be a lot better off. Or even 500, 400, 300, 200, 100, 49

Don't blame it on the code. You didn't need to reduce it like 90% just to fix the code from generating coins for infinity. You could have just as easily raised the lifetime cap

Right now it just looks like a money grab
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 10, 2013, 09:01:13 PM
#23
500 for you guys that mined it before it was anywhere

45 for anyone now or in the future

Yea, great way to garner new interest in your project (if you can call it that)

We have mined very few coins. Most of the early adopters and miners from the 500 era dumped their shares onto the open market. That's one of the reasons the price is so unbelievably low at this point.

Don't take this as me being a dick, because I'm totally 100% neutral on caring whether this one succeeds or fails. I'm just saying that as an outside observer, if I were someone who was about to invest into crypto currencies, I would definitely do my homework and research before blindly throwing money at something. The history of this coin is just too tainted to garner any  real, worthwhile investors.

Again, not trying to be a dick so don't take this as an attack, it's purely outside observation. I have no idea what you guys are doing or plan to do, I'm just telling you that the most readily available information makes this look shady as fuck compared to other coins I can put my money into just as easily
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 10, 2013, 08:31:45 PM
#22
500 for you guys that mined it before it was anywhere

45 for anyone now or in the future

Yea, great way to garner new interest in your project (if you can call it that)
full member
Activity: 182
Merit: 100
fml
September 10, 2013, 08:24:14 PM
#21
... man you had forked this coin so many times that no one would trust it ever.

Wrong, you should educate yourself before making these false accusations. We have forked the coin only once and that was to stop it from producing unlimited coins due to a coding problem that was created before our watch.
And you changed the difficulty adjustment...
And you lowered the block reward, 100X...
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 10, 2013, 08:05:53 PM
#20
you simply changed everything and the most important thing (block reward), and you try to convince new comers to buy into your coin in every possible way, and your argument is that the coin name has Gold in it, this is why people have to invest ? this is why it will over take Bitcoin and Litecoin ?

Yes. It's because of the name not because of anything that I have done.

There are a lot of really really smart people here mostly coders and techies looking at the forest and missing the trees. Yes, we need tight code and innovative ideas to have a stable currency and infrastructure. But in all truth the consumer does not care about any of these things. If it's cool and useful that is most important.

If the name is already ingrained in their DNA and it's cool and useful it becomes unstoppable.

The fact that you guys reduced the block reward by like 90% shows that it's just a money grab peep show at this point
legendary
Activity: 1876
Merit: 1000
September 10, 2013, 07:58:57 PM
#19
Most delusional people on the forum list has now changed

Dunno maybe he is right, maybe, just maybe his balls are made of cyrstal  Shocked
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