It is extremely sad to see different coin-supporters fighting eachother,
and to have traders manipulating the market to make a quick buck,
at the same time wrecking the chances of worldwide mainstream growth in crypto.
The goal of crypto was to get out of the manipulative and corrupt financial system based on fiat currency.
Currently a small group within the crypto community is acting like the manipulative and corrupt financial system itself.
Gulden is a great coin backed by a great team.
And there are many other great coins like Gulden, moving forward with positive intentions.
Coins should be welcoming new features, innovations and progress presented by fellow coins.
It is totally stupid to damage the image of other coins and their marketvalue,
trying to protect an imaginary market position of another coin.
In the long run no single crypto coin will benefit from this.
It only damages the name of crypto as a whole.
A few weeks ago many citizens in The Netherlands read about Gulden in the media.
Many of them liked it and joined; new eager crypto users spending their fiat money and buying coins for the first time.
Shortly after that Gulden was a dump-target by traders and/or other coin-supporters.
Quickly the media jumped on it, emphasizing the risk and volatility of crypto.
The new Gulden users and those who were thinking about buying, have been effectivily scared and burned their hands.
But the main effect is these people and those reading the negative media coverage, will not invest in nor buy any crypto coin in future.
And this effect is solely caused by people from within the crypto world, attacking one of their own crypto coins.
You are only scaring new users away, while crypto should focus on growth in usernumbers.
Gulden will not be stopped by bringing its value down.
In only 6 months time the small Gulden community funded 508 BTC for development (
https://shares.gulden.com/ ),
so development will continue for a long time, regardless of market value manipulation.
If the disruptive forces within the crypto world would just stop the sabotage,
crypto could become a really great thing.
Gulden because of it's name could really spark off a revolution in the Netherlands but they will see Gulden as the same as Bitcoin which has a bad reputation by a lot of people in the NL because of all the scams around it. You can't easily explain it's not bitcoin itself that is the problem. In October and November there was a lot of focus on Gulden in the media which drove speculation and got a lot of new users into crypto.
Unfortunately these new people have experienced a major drop in price and a lot of them are left disappointed and they don't understand what Gulden has achieved technically with 1.6.0 is any good because all they see is a bad investment.
This is ultimately bad for crypto as you have stated.
Good mining
