Why are you doing this? Forgot to buy Gulden when it was 0,002 usd?
No I mined a lot of Gulden(coin) back in 2014 when the block reward was 1000 NLG, before the gulden devs decided to lower the block reward to 100 NLG.
Now you need to find 10 times more blocks for same reward, is this because of the premine that would become worthless quicker if coin supply wouldn't be controlled this way?
Rijk made a post about it on his forum, I can't remember the exact explanation but it was to do with early investors getting too many coins and damaging the coin in the future. I was neutral for the change but Rijk made a good decision.
Link to the forum?
There is no Gulden forum anymore, you all know why (if you don't, because of Google and other cloud services that log all activity and Rijk does not want that
).
Yes I'm sure you know why there is no forum anymore. I would hazard that you are still raging with butt hurt about it - although I STILL can't understand why so many of you got your undercrackers in a twist about it all. You behaved like a bunch of children.
It's hilarious that it's still being dragged up and talked about now. What happened back then was good for the coin and the community because it got rid of all the egomaniacs and people who thought they were owed something because they owned a lot of coins. I absolutely loved hoovering up all those cheap coins that were dumped by tantrum throwing toddlers in the months following the non event of a forum being shut down.
Your FUD on here has absolutely no effect on Gulden, the Gulden community or Rijk at all. You are irrelevant.
Anyway, if we could FINALLY get this thread back on topic after all this nonsense I'll share something with you all that may help you answer the question 'Is Gulden a good investment'. This isn't my insight but was shared on Slack so I'll post it here too in the hope that this thread can return to an objective discussion about Gulden.
This does not represent financial advice and you should do your own due diligence before making any investments. Spelling and grammar errors are due to a clunky translation into English:
in very short, anything between 2300 and 2000 is short covering; 2000 is a very important level as it’s probably the last week(s) we will see those price, allowing a very nice R:R profit
I can advanced myself too much at this time but a trade like:
Entry: 2100
SL: 1500-1000 (depending on your risk aversion and leverage)
TP: 7000 is the “calculated” target but a breach above 7500 might make a vaccum effect till 11000
in any case this is a R:R 4:1 at least
2 ways to enter now: buy any new low on H1 chart and take partial profit when short term bullish wedge complete or wait for 2 legged pullback
basically we are in the final stage of a bull wedge that should “end” around 3000sat
after that logic would bring a 2 legged downside move that everyone will be willing to buy (so if everyone is waiting for the same thing it won’t happened) buying that dip would be a great risk:reward trade and pretty much safe one. Long term targets are 7000-7500ish sat 11000 but really would should live to seen a higher high
The above was posted by a user in Slack who has been on the button several times before regarding the Gulden price and sentiment in the market.
If anyone is interested in Gulden come and join Slack where there is a lot of activity and insight.
There is hardly anything posted about Gulden by the community on this forum as btctalk is akin to a landfill site, where flocks of feral seagulls rip the guts out of shit filled nappies and then pat themselves on the back for being gourmets.
