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Topic: How do people buy from a 170 Million premined coin? - page 3. (Read 3966 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
..., c'est la vie.

You mean "dat is het leven" ? Tongue
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
@Glen Hoddle
You know The Fonz started that saying right ?
Because he jumped a shark  Cheesy

And WOW i can't believe how many noob accounts have responded here.

Oh and sorry for bringing up accountability.
I promise i won't do it again  Grin  Cool
newbie
Activity: 14
Merit: 0
So who is holding the very large premine?

Batman.

Seriously dude. Is it the dev, the dev team, an escrow....

Technically speaking its Robin who holds the premine but he has butter fingers and sometimes some of it slips onto the exchanges. It's all being put to good use to fight crime in Gotham.
member
Activity: 98
Merit: 10
So who is holding the very large premine?

Batman.

Seriously dude. Is it the dev, the dev team, an escrow....
member
Activity: 98
Merit: 10
So who is holding the very large premine?
hero member
Activity: 637
Merit: 500
The 10% premine (currently ~39% of available supply) was originally supposed to be distributed to the Dutch people. They have scrubbed the original ANN, but you can see it quoted here:
https://bitcointalksearch.org/topic/m.6049368

Quote
After 40 years there will be a maximum of 1.7 billion Guldencoins in circulation. 170 million of these have been reserved for Dutch citizens.
To ensure safe distribution of these 170 million Guldencoins to Dutch citizens, we had to create our own system.
We set out to create a realistic method that would make it accessible and fair to everyone, without impeding on your privacy.

We will announce how this system works when it goes live with the Guldencoin on April 4th, 2014.

Then at some point they decided they would just keep the premine for development, which so far consists of a closed source mobile wallet and a difficulty retargeting algorithm. Seems pretty scammy to me, but hey, c'est la vie.

I can't find this link they talking about, on desktop i need to scan a qr with my iphone wallet but does not work. Is this a gimmick or did I miss something?

The link feature is amazing but only works between Desktop and Android , it's meant to be added to IOS soon.
It basically links your wallets together without any centralization. First for crypto.
full member
Activity: 127
Merit: 100
The 10% premine (currently ~39% of available supply) was originally supposed to be distributed to the Dutch people. They have scrubbed the original ANN, but you can see it quoted here:
https://bitcointalksearch.org/topic/m.6049368

Quote
After 40 years there will be a maximum of 1.7 billion Guldencoins in circulation. 170 million of these have been reserved for Dutch citizens.
To ensure safe distribution of these 170 million Guldencoins to Dutch citizens, we had to create our own system.
We set out to create a realistic method that would make it accessible and fair to everyone, without impeding on your privacy.

We will announce how this system works when it goes live with the Guldencoin on April 4th, 2014.

Then at some point they decided they would just keep the premine for development, which so far consists of a closed source mobile wallet and a difficulty retargeting algorithm. Seems pretty scammy to me, but hey, c'est la vie.

I can't find this link they talking about, on desktop i need to scan a qr with my iphone wallet but does not work. Is this a gimmick or did I miss something?
sr. member
Activity: 1302
Merit: 270
I can tell no one replying here has downloaded the wallets and used them or this waste of space on btctalk servers would not exist.
maybe it's there, but only those people who like him who would do her. Cheesy
newbie
Activity: 14
Merit: 0
The 10% premine (currently ~39% of available supply) was originally supposed to be distributed to the Dutch people. They have scrubbed the original ANN, but you can see it quoted here:
https://bitcointalksearch.org/topic/m.6049368

Quote
After 40 years there will be a maximum of 1.7 billion Guldencoins in circulation. 170 million of these have been reserved for Dutch citizens.
To ensure safe distribution of these 170 million Guldencoins to Dutch citizens, we had to create our own system.
We set out to create a realistic method that would make it accessible and fair to everyone, without impeding on your privacy.

We will announce how this system works when it goes live with the Guldencoin on April 4th, 2014.

Then at some point they decided they would just keep the premine for development, which so far consists of a closed source mobile wallet and a difficulty retargeting algorithm. Seems pretty scammy to me, but hey, c'est la vie.

Yo, wazzup... this is what the the Gulden devs think about your posts.

https://www.youtube.com/watch?v=t_OtqfFLAPw
jr. member
Activity: 41
Merit: 10
I don't think people are using it to buy things. The market seems to be driven by hype and speculation. I also do not see the improvements that the currency brings with regard to Bitcoin, but I would be happy if anyone could clarify.
full member
Activity: 243
Merit: 100
The 10% premine (currently ~39% of available supply) was originally supposed to be distributed to the Dutch people. They have scrubbed the original ANN, but you can see it quoted here:
https://bitcointalksearch.org/topic/m.6049368

Quote
After 40 years there will be a maximum of 1.7 billion Guldencoins in circulation. 170 million of these have been reserved for Dutch citizens.
To ensure safe distribution of these 170 million Guldencoins to Dutch citizens, we had to create our own system.
We set out to create a realistic method that would make it accessible and fair to everyone, without impeding on your privacy.

We will announce how this system works when it goes live with the Guldencoin on April 4th, 2014.

Then at some point they decided they would just keep the premine for development, which so far consists of a closed source mobile wallet and a difficulty retargeting algorithm. Seems pretty scammy to me, but hey, c'est la vie.

Are you having a laugh m8?
legendary
Activity: 3136
Merit: 1116
The 10% premine (currently ~39% of available supply) was originally supposed to be distributed to the Dutch people. They have scrubbed the original ANN, but you can see it quoted here:
https://bitcointalksearch.org/topic/m.6049368

Quote
After 40 years there will be a maximum of 1.7 billion Guldencoins in circulation. 170 million of these have been reserved for Dutch citizens.
To ensure safe distribution of these 170 million Guldencoins to Dutch citizens, we had to create our own system.
We set out to create a realistic method that would make it accessible and fair to everyone, without impeding on your privacy.

We will announce how this system works when it goes live with the Guldencoin on April 4th, 2014.

Then at some point they decided they would just keep the premine for development, which so far consists of a closed source mobile wallet and a difficulty retargeting algorithm. Seems pretty scammy to me, but hey, c'est la vie.
sr. member
Activity: 618
Merit: 274
20BET - Premium Casino & Sportsbook
Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

I like you mate I really do. Please do more research on Gulden before you jump the shark here.

Are you accusing me of being "The Fonz" (from Happy Days)  Cheesy
No problem.. i will take it LOL

But hey i am talking about accountability.
Not whether the coin is scammy etc.
I am suggesting though when a dev behind a coin omits any type of ledger. (at least a ledger if not more)
Yes it then is in fact highly sketchy and pretty much always scammy.

This is not up for debate noob accounts.
You can try but you are wasting your time.
Those of us here not bullshiting will see and ALREADY know the truth.

You're way cooler than the Fonz mate. He was a middle aged mechanic who hung around with teenagers. Anyway, all the information regarding the Gulden premine is out there and all coins so far used for development have been accounted for.

The Gulden devs are not trying to hide anything and are always available to answer questions. The questions relating to the premine have been answered a gazillion times before though so it must get annoying for them to have to keep justifying themselves.

Gulden is the most innovative alt out there. This is a fact and can't be denied, and with 600 BTC in the pot for future development things are going to get even better.
hero member
Activity: 2786
Merit: 552
My tone is just general information seeking.  I wasn't being sarcastic in it.  I would like Gulden to succeed, even more, I would like to get some o that premine   Grin
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

I like you mate I really do. Please do more research on Gulden before you jump the shark here.

Are you accusing me of being "The Fonz" (from Happy Days)  Cheesy
No problem.. i will take it LOL

But hey i am talking about accountability.
Not whether the coin is scammy etc.
I am suggesting though when a dev behind a coin omits any type of ledger. (at least a ledger if not more)
Yes it then is in fact highly sketchy and pretty much always scammy.

This is not up for debate noob accounts.
You can try but you are wasting your time.
Those of us here not bullshiting will see and ALREADY know the truth.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
How about waves premine?

Same rules should apply to all premines..

Must be measures to stop mass dumping and self profiteering abuse. Sure devs should make a profit but not screw over investors

Sure some devs could have no measures in place and still be honest and upstanding ensuring enough goes to development of the coin with a reasonable reward for their work. That does not alter the fact there should be measures in place to ensure they do so.

Boycott all projects in future that do not and you will see an end of scams or huge reduction in them
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
We wouldn't have this discussion when Gulden (or any other altcoin) wasn't premined like crazy. There is currently 337,487,045 guldens in circulation.
And 170,000,000 of them were premined? - no comment on that.

Coinmarketcap says :
Available Supply
337,487,745 NLG
Total Supply
439,507,900 NLG

So it seems you are misrepresenting the situation, 439500000 in circulation and only 102000000 of that still in premine.
If premine is being slowly used to fund actual development, which seems to be the case, then whats the problem? More honest than most the ICO crap or other junk we see in my opinion.


They angry because the Gulden devs are making them look stupid. Litecoin $225 million marketcap and this coin destroys it. Dash and Gulden will be the kings of 2017.

Rule 1 about crypto.... never talk about supporting dash when wanting people to take you seriously.

Dash is a KNOWN and proven captive instamine scam coin.

I have not looked into gulden at all. However any premine should have a ledger that is verifiable and public.

All premines should always be held in multisig accounts and released for milestones reached anyway. Or any other way that would prevent a mass dumping at anytime.

Only a crypto expert can look at work done and put an approx value on it everyone else is just guessing.

GLD could be a great project or could end up a scam when the dev controls such vast amounts of a currency it is always vulnerable. Time will tell.
sr. member
Activity: 618
Merit: 274
20BET - Premium Casino & Sportsbook
Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

I like you mate I really do. Please do more research on Gulden before you jump the shark here.
member
Activity: 108
Merit: 10

I am reading about a premine of Gulden at:

"170,000,000 (Used for giveaways! Trustworthy DEVs and good community.)"

and also about how people are currently using Gulden today to buy things.  Are people using
the equivalent Euro or USD amount for Gulden to buy these items? 


 no one does. The buying you see is just the developer and some whales buying their own coins.



Don't lie to him. Nobody does that anymore. That is so 2013.
hero member
Activity: 637
Merit: 500
Dev's have before paid themselves.
All they have to do is pretend they are another person doing dev work.
Then put that onto the premine ledger. It's been done.. lots.

Posting in the wrong topic?
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