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Topic: GLDCOIN @ Cryptsy! YAY - page 7. (Read 6548 times)

hero member
Activity: 728
Merit: 500
May 24, 2013, 03:30:01 AM
#86
Not really sure what anyone expected to happen when it hit a small exchange and there were millions stockpiled just waiting to be dumped. Of course the price was going to be extremely low. I had a few stockpiled from when block rewards were absurdly high and I sold the second I saw it on there.
what price you dumped

I offloaded most of my coins (~50K) between 0.015 mBTC and 0.0165 mBTC (I prefer expressing alt-coin rates in mBTC rather than BTC to avoid confusion due to miscounting number of zeroes Tongue). The price I got was the top of the price range so far (excluding the initial trades that had a combined volume of <500 GLD).
sr. member
Activity: 294
Merit: 250
May 24, 2013, 03:28:30 AM
#85
think of it as a buy  pump not dump those that bought are not stupid:)
keep dumping (~)(O) so people can grab some Smiley
newbie
Activity: 42
Merit: 0
May 24, 2013, 03:27:26 AM
#84
Block rewards are still too high to see a decent price increase, if this had waited for an exchange when it was harder to obtain it might have been good
sr. member
Activity: 294
Merit: 250
May 24, 2013, 03:25:23 AM
#83
Not really sure what anyone expected to happen when it hit a small exchange and there were millions stockpiled just waiting to be dumped. Of course the price was going to be extremely low. I had a few stockpiled from when block rewards were absurdly high and I sold the second I saw it on there.
what price you dumped
legendary
Activity: 1064
Merit: 1002
May 24, 2013, 02:28:44 AM
#82
I am going to create an exchange that requires your username next to your orders. So we can account for who the hell is selling so low!

I think someone is trying to drive down the price to snatch some more up  Angry Watch that sell order dissapear and everything above it get eaten up until .001

I must have missed this comment the first time I read the thread...

What happened to anonymity with crypto?  If you had the usernames of people selling...what would you do?  Harass them?  Post their names on the forums?  Who the hell are you to tell people what to do with their money?  If people want to sell low, let them.  If you love the coin so much, why aren't you happy for the opportunity to BUY it from them so cheap?

I do not love this coin. It was a joke about the usernames. I wanted everyone to keep the price High until the buy orders met. Simple as that calm down there
newbie
Activity: 28
Merit: 0
May 24, 2013, 02:24:42 AM
#81
Well,
Right now we talk to about 4,000 people twice a week about the ideas, projects, and people powering Bitcoin and are growing at a very fast rate.   If you're a miner who wants to profit by mining these coins, it's in your best interest to try and convince me not to shine a spotlight on your altcoin and tell everyone all the reasons I think it doesn't make any sense as anything other than a scam.

Your choice, I wanted to give the opportunity to respond.  If nobody wants to talk, we'll be pushing up the release date of this story to next week since I won't need to schedule interviews.

GLDcoin sure do a piece. Its hard to make this coin look good TBH.

Some other coins actually have promise. WDC and DGC have a little due to their rapid confirmations but are very vulnerable to attacks. Personally I like bitgem. It has the niche of being very rare. Blocks are .3 btg now and were 3 from the start. Combine that with diff adjustment every block and ppc's 520 confirmations and you have yourself a nice little package. Nothing new of course but a few good features of coins all rolled into a nice little bundle. Secure, Rare, was not instamined to death 15,000 btg in circulation now.

If you do a piece on any others coins let me know I would be happy to defend it if I believe I have valid points. I just dont see a way of doing that with gld. Its just a market coin. When diff soars and blockchain stalls it will be dead. May be a fun ride till then but it will happen

I will agree with mullick here, GLDcoin is hard to defend but other alt-coins are better suited for the spot light, DGC and WDC as mullick mentioned with their fast confirmation times.

My Personal preference is litecoin, being one of the first accepted alt-coins and also bringing new things to the table, slightly faster confirmation times and being ASIC hostile with scrypt helping with decenteralization. All alts as i said help us learn new things about the bitcoin protocol.

Once again china coin is similar to GLDcoin and hard to really bring a good light to it, released on another forum possible pre-mined though i personally haven't read any posts relating to this(haven't searched either as it wasn't around for long enough Cheesy)

Top 3 alts, ya hard one to decide on that  Grin

Nibble is the only non-pre-mined, non-insta-mined coin - period.  No other coin used our difficulty/reward ramp up save for DGC - and DGC came after Nibble.  All other coins were insta-mined to death within hours.

Nibble has only 21,000,000 coins (1/4 of Litecoin, 1/13 of WDC).  It has faster transactions than Bitcoin.  Sub 1 minute transactions don't really improve anything - confirmations are only needed with Bitcoin for large purchases.  Really large purchases are usually never paid for via credit card - rather check, wire etc, and Bitcoin beats all of those methods.

Nibble is the ONLY verified non-scam coin out there released in the last year - end of story.  If fairness, pre-mining etc were so important where are our backers?  Our miners?  Its more profitable than likecoin if you go by recent trades on the boards.

I could have made sub 1 minute blocks - but those coins are easily pwned via many attacks taking advantage of their "speed"

GLDCoin is no more shady than WDC, or Novacoin, or Bitbar, or Litecoin.  And I think GLDCoin will come around once these guys truly promote their coin.  I hope hey all become rich.  So before you point the finger, look at the coin your backing.  
hero member
Activity: 686
Merit: 504
always the student, never the master.
May 24, 2013, 02:22:37 AM
#80
How many times do I have to say it for every coin, everyone sells dirt cheap, kills coin, dead....
This coin is different. Enough is being held by a strategic group of people, who meet in a secret forum and discuss market strategies. They say the exception proves the rule. GLDcoin is the exception.
newbie
Activity: 28
Merit: 0
May 24, 2013, 02:20:14 AM
#79
How many times do I have to say it for every coin, everyone sells dirt cheap, kills coin, dead....
hero member
Activity: 686
Merit: 504
always the student, never the master.
May 24, 2013, 02:19:07 AM
#78
"Normal people wll equate GLDwith Gold and value. They will equate Yacoin with with Scam, Digicoin with DigitalMonsters and Nerds, and DevCoin is just to damn hard to mine."

Are you still in high school or what?
Negative, Ghost Rider! A 404 error was encountered when searching for your logic.
hero member
Activity: 545
Merit: 500
May 24, 2013, 02:17:02 AM
#77
"Normal people wll equate GLDwith Gold and value. They will equate Yacoin with with Scam, Digicoin with DigitalMonsters and Nerds, and DevCoin is just to damn hard to mine."

Are you still in high school or what?
full member
Activity: 126
Merit: 100
May 24, 2013, 02:16:21 AM
#76
Not really sure what anyone expected to happen when it hit a small exchange and there were millions stockpiled just waiting to be dumped. Of course the price was going to be extremely low. I had a few stockpiled from when block rewards were absurdly high and I sold the second I saw it on there.
hero member
Activity: 686
Merit: 504
always the student, never the master.
May 24, 2013, 02:15:57 AM
#75

In what world did GLD ever have potential? Since day 1 it has been a joke....


translation= oh crap, we've got competition. quick lets discredit the guy with 100 posts. Ps, fix this dump of a forum. who runs this place, an idiot? it doesn't even have the go up/go down buttons and you can't even upload attachments. who moderates this place, a group of test monkeys with banana flavored keyboards?
hero member
Activity: 686
Merit: 504
always the student, never the master.
May 24, 2013, 02:13:25 AM
#74

GLD has some real potential. i judge this buy the high price compared to most altcoins it demands, and the fact that other altcoin groups have been trying for days to hack the network out of sheer jealousy.

So, it has potential because it's higher priced at .000x?  Compared to what?   And isn't the "hack" part just as true about the alt-coin it was forked from?

I'm really confused by how you guys determine value - If the price of something goes up, that means it's worth more so you... buy?   Or do you sell?  Seems like if it has "potential" you'd want to be buying now, not selling... Right?    

Or did you mean potential to take some newbies money and move on to the next new chain?
i got in a few days late, but i've already built a faucet and i'm sitting on my coins. I do not mine and i was not a part of the premine. i recieved a couple generous donations for starting a faucet. With this being said, i determine the value by the fact that i came on bitcoin talk and said hey i want to sell my gld coin, and within hours was paid .114 Bitcoin for 8k... the only other alt coin i've even considered is digicoin and i got out of that one pretty quick because i prefer GLD. i think that GLD is that coin thats just catchy. I think GLDcoin booms because of its sustainability compared to other Altcoins. It may not ever rival bitcoin, but if i had to bet on an Alt to rival bitcoin i'd pick GLD. Normal people wll equate GLDwith Gold and value. They will equate Yacoin with with Scam, Digicoin with DigitalMonsters and Nerds, and DevCoin is just to damn hard to mine. All others, save litecoin will bite the dust eventually. GLD isn't another pump and dump like the rest. I believe that. I'm holding my coins.
full member
Activity: 122
Merit: 100
May 24, 2013, 02:07:29 AM
#73

GLD has some real potential. i judge this buy the high price compared to most altcoins it demands, and the fact that other altcoin groups have been trying for days to hack the network out of sheer jealousy.
In what world did GLD ever have potential? Since day 1 it has been a joke....
sr. member
Activity: 434
Merit: 254
Editor-in-Chief of Let's Talk Bitcoin!
May 24, 2013, 02:06:21 AM
#72

GLD has some real potential. i judge this buy the high price compared to most altcoins it demands, and the fact that other altcoin groups have been trying for days to hack the network out of sheer jealousy.

So, it has potential because it's higher priced at .000x?  Compared to what?   And isn't the "hack" part just as true about the alt-coin it was forked from?

I'm really confused by how you guys determine value - If the price of something goes up, that means it's worth more so you... buy?   Or do you sell?  Seems like if it has "potential" you'd want to be buying now, not selling... Right?    

Or did you mean potential to take some newbies money and move on to the next new chain?
hero member
Activity: 686
Merit: 504
always the student, never the master.
May 24, 2013, 02:06:16 AM
#71

lol, what do you think dude? you think the 7 million premined coins went to charity??  Grin

they can come to my wallet for anyone who doesn't want theirs. i love them.
hero member
Activity: 770
Merit: 605
May 24, 2013, 02:05:26 AM
#70

lol, what do you think dude? you think the 7 million premined coins went to charity??  Grin
hero member
Activity: 686
Merit: 504
always the student, never the master.
May 24, 2013, 02:04:00 AM
#69

GLD has some real potential. i judge this buy the high price compared to most altcoins it demands, and the fact that other altcoin groups have been trying for days to hack the network out of sheer jealousy.
hero member
Activity: 1073
Merit: 666
member
Activity: 84
Merit: 10
May 24, 2013, 01:59:56 AM
#67
I am going to create an exchange that requires your username next to your orders. So we can account for who the hell is selling so low!

I think someone is trying to drive down the price to snatch some more up  Angry Watch that sell order dissapear and everything above it get eaten up until .001

I must have missed this comment the first time I read the thread...

What happened to anonymity with crypto?  If you had the usernames of people selling...what would you do?  Harass them?  Post their names on the forums?  Who the hell are you to tell people what to do with their money?  If people want to sell low, let them.  If you love the coin so much, why aren't you happy for the opportunity to BUY it from them so cheap?
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