Hi there,
I'm new here. I'm looking to invest in cryptocoins. I have a number of btc now but I found out there's a Dutch coin too. It's interesting for a dutchman but i have a lot of questions.
Well Joris, we are happy to answer questions. But to be honest, you should read first. All your questions have been addressed on multiple locations on
https://e-gulden.org. But because your questions are so prominent we will give you a hand.
Why should anybody want to invest in EFL?
Because it is a community coin. 99% of all transactions are local. Why bother the world with local transactions. Bitcoin is bloated. Maybe a merchant can handle the top 10 of world-cryptocurrencies, but the top-10 cannot handle the world. A quick display:
Bitcoin capacity (TX/day) 10^6
Top-10 capacity (TX/day) 10^7
World demand (TX/Day) 10^11
Only community coins can offload world demand
Only community coins can expect loyalty
Only community coins can expect local awareness
Only community coin-cummunities can address and reach the entire community
Think for yourself... If you believe in the potential of a dutch crypto-economy it might be smart to invest
It's there for 4 years now. In that time, absolutely nothing seems to have happened at all.
Appearantly you are new here, so you are forgiven, but please spend some time on reading
https://e-Gulden.org. There is enough material to spend weeks of reading. You will discover a battle of a community and a lot of successes due to hard work.
Price in Sathoshi has hardly changed. There's no trade in it.
e-Gulden is grassroots. There is no infinite marketing budget. In fact there is none. Remember real cryptocurrency is decentralised. Bitcoin has the advantage of being a showcase. But decentralised means there is no central investor since there is no central beneficiary. Most investors act on their own and are anonimous and like to stay that way. Community building is a slow process. It is happening but you most know where to look. How about yourself? Do you want to contribute to make things work or rather wait till success is imminent?
In the Netherlands nobody has ever heard of EFL . And nobody even tries to tell them EFL exists. How should they know?
Pardon. The EFL network has more than 1000 active corewallets. Bitcoin has less than 10.000. You mean you have never heard of EFL?
I read about your foundation. The four people behind that foundation don't believe in it either. They're dumping EFL on the market for free these days. So I understood on your website.
Sorry, but I personally do not let anybody tell me what I believe in. I suppose that counts for all of us. Be fair.
EFL is not being dumped. The premine is carefully being distributed to as many dutch citizens as is reasonally possible through proof of work.
Well, nobody does something like that if you really believe in your coin, don't you? If it has a real value there're better ways to spend it. You're one of those foundation guys i've seen under a comment. Please tell me why giving away EFL for free to a small group of people is such a good idea.
Anybody can participate. We are building a network. EFL is not being sold or dumped. We are addressing personal interest and loyalty. We are not addressing investors in the first place. Decentralisation is our goal. Everybody should have a fair chance to participate. When we would sell it, sure there would be more budget to market and reach investors that might pump the price. We rather seek sympathy and build on loyalty.
In my opinion, giving away things for free tells people it's useless and worthless.
Luckily the free market determines price. Not your opinion. We are not giving EFL away. We let people earn their share.
Please tell us why this foundation of you has no plans or any vision for the future on your website? Do you have any vision or ideas? Where you're heading with your EFL-coin?
This is not a question. It sounds like sheer negative propaganda and it is completely untrue. We offer you weeks of reading and plenty of summaries. Go read
https://e-gulden.org/index.php/The_e-gulden_oerushield or
http://egulden.org/downloads/A%20response%20to%20the%20already%20notorious%20EBA%20report%20final.pdf and we expect some excuses.
Everything on your coin is secret. Why do you hide everything?
That is the exact opposite of the truth. Nothing is hidden except for some private keys.
Tell me (or us) about the future of EFL. Show me your plans. They must be there, I suppose. Tell me why I should trust you?
There is no "me" or "us". There is just
https://github.com/Electronic-Gulden-Foundation/egulden, a blockchain that is distributed a thousand times and a community that cherishes it. You are welcome to be part of it.
So i hope you'll answer my questions. Why would I buy EFL on the same moment you guys are dumping it?
Well the answer is there. Judge for yourself, but I suggest you do some homework before you get back