Author

Topic: NA - page 111. (Read 893602 times)

legendary
Activity: 1197
Merit: 1001
September 08, 2015, 01:33:33 PM
@svener I also wish I had bought more coins under 300. I am secretly hoping the price goes under 300 again. Make it happen !!
legendary
Activity: 952
Merit: 1000
September 08, 2015, 01:32:20 PM
Ok, somehow I missed that. I saw only a big gap in time around that date. Anyway, my point is valid and my last post was the answer for veertje, yes, the price was manipulated. Even it was a small one, it prevent the price to go up to a healthy level. If you were to let that happened, then the price would be around 500-700 satoshi, and as a result, all my post would not even existed in that reality!

Biomike is an individual - not part of the dev team - he is placing trades of his own free will, he happens to be using a program to do so (as do many traders).
If this is manipulation then you could call almost any trading manipulation... which in a way it is as any trade at all affects (manipulates) the price...


However, even if we accept that this /is/ some kind of manipulation that is somehow worse than normal trading there are still a few facts here.
1) He is an individual with free will and is playing within the rules with his own money - how do you propose anyone stop him? Should we take up pitchforks and show up at his house?
2) The sell wall in question was/is only a few BTC, if there was a serious demand for the price to rise then a few BTC wall would not stop it.

It is/was also buy supporting when the wall is/was sold, it is/was placed at the buyside, so no manipulation, but only stabilising.
legendary
Activity: 952
Merit: 1000
September 08, 2015, 01:29:42 PM
Haha you're awesome man!

Here's the pizza's Cheesy (for the record, not going to order at that place anymore. Photo will make sense I guess Wink




Here's my NLG adress Smiley Thanks again man!

GarNBSDLovSQgPKqhLSiSwGes85VrESgto




I have send my address in a pm, LTEX Wink
sr. member
Activity: 275
Merit: 250
September 08, 2015, 01:27:31 PM
Ok, somehow I missed that. I saw only a big gap in time around that date. Anyway, my point is valid and my last post was the answer for veertje, yes, the price was manipulated. Even it was a small one, it prevent the price to go up to a healthy level. If you were to let that happened, then the price would be around 500-700 satoshi, and as a result, all my post would not even existed in that reality!

Biomike is an individual - not part of the dev team - he is placing trades of his own free will, he happens to be using a program to do so (as do many traders).
If this is manipulation then you could call almost any trading manipulation... which in a way it is as any trade at all affects (manipulates) the price...


However, even if we accept that this /is/ some kind of manipulation that is somehow worse than normal trading there are still a few facts here.
1) He is an individual with free will and is playing within the rules with his own money - how do you propose anyone stop him? Should we take up pitchforks and show up at his house?
2) The sell wall in question was/is only a few BTC, if there was a serious demand for the price to rise then a few BTC wall would not stop it.
legendary
Activity: 1023
Merit: 1000
ltex.nl
September 08, 2015, 01:26:14 PM
Support war refugees with NLG!

On a more personal note this evening I showed my dog out and found this in the park, placed by an anonymous person on a pedestal of an earlier stolen statue:



This motivated me to open up a donation address and invite you all to come up with means of helping out the refugees that are facing such extremely difficult times at the moment.

I opened a thread on the dutch forums here:

https://guldencoin.zone/threads/geef-nlg-voor-vluchtelingen.232/
https://community.guldencoin.com/t/geef-nlg-voor-vluchtelingen/1230

Thanks in advance for your kind cooperation!  Smiley
member
Activity: 84
Merit: 10
September 08, 2015, 01:25:18 PM
Haha you're awesome man!

Here's the pizza's Cheesy (for the record, not going to order at that place anymore. Photo will make sense I guess Wink




Here's my NLG adress Smiley Thanks again man!

GarNBSDLovSQgPKqhLSiSwGes85VrESgto



Put them a bit longer in the oven to get them extra crispy, they do look a bit pale.
hero member
Activity: 502
Merit: 500
September 08, 2015, 01:23:23 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!

Post is right here: https://bitcointalksearch.org/topic/m.12266534 untouched, what are you talking about?

Ok, somehow I missed that. I saw only a big gap in time around that date. Anyway, my point is valid and my last post was the answer for veertje, yes, the price was manipulated. Even it was a small one, it prevent the price to go up to a healthy level. If you were to let that happened, then the price would be around 500-700 satoshi, and as a result, all my post would not even existed in that reality!


At least we know the price you will dump at  Grin
full member
Activity: 128
Merit: 100
September 08, 2015, 01:22:20 PM
Haha you're awesome man!

Here's the pizza's Cheesy (for the record, not going to order at that place anymore. Photo will make sense I guess Wink




Here's my NLG adress Smiley Thanks again man!

GarNBSDLovSQgPKqhLSiSwGes85VrESgto

sr. member
Activity: 303
Merit: 250
GoldReserve! Your Retirement Fund!
September 08, 2015, 01:20:13 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!

Post is right here: https://bitcointalksearch.org/topic/m.12266534 untouched, what are you talking about?

Ok, somehow I missed that. I saw only a big gap in time around that date. Anyway, my point is valid and my last post was the answer for veertje, yes, the price was manipulated. Even it was a small one, it prevent the price to go up to a healthy level. If you were to let that happened, then the price would be around 500-700 satoshi, and as a result, all my post would not even existed in that reality!
hero member
Activity: 502
Merit: 500
September 08, 2015, 01:19:43 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!

Post is right here: https://bitcointalksearch.org/topic/m.12266534 untouched, what are you talking about?

When someone says they not trolling it means they are .lol
legendary
Activity: 1023
Merit: 1000
ltex.nl
September 08, 2015, 01:18:57 PM
But I ordered two pizza's LTEX.. I'm already happy I bought pizza's with my GCoins!

So???
hero member
Activity: 502
Merit: 500
September 08, 2015, 01:16:34 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!

I want the price to stay lower for longer to buy more coins each month. I am loving these prices.
full member
Activity: 128
Merit: 100
September 08, 2015, 01:16:17 PM
But I ordered two pizza's LTEX.. I'm already happy I bought pizza's with my GCoins!
sr. member
Activity: 275
Merit: 250
September 08, 2015, 01:15:29 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!

Post is right here: https://bitcointalksearch.org/topic/m.12266534 untouched, what are you talking about?
legendary
Activity: 1023
Merit: 1000
ltex.nl
September 08, 2015, 01:10:31 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!

I do understand where you are coming from and to me you are not a troll mate! I also think to a certain extend you are right we should not mess to much with the market by putting up protection walls. On the other hand, this is done to prevent P&D groups from getting their way. One fortunate thing is that we also have a very dedicated and BTC-wise enabled group of supporters to put up the hashes if the chain needs protection. Nevertheless, we do need a certain increase in value sometime soon I think...
legendary
Activity: 1023
Merit: 1000
ltex.nl
September 08, 2015, 01:06:28 PM
Call me a troll or something, but my pizza's are underway!! Bought them for me and my mom with Guldencoin by Nocks.nl Cheesy My very first Guldencoin pizza!! Yammie, gonna enjoy this one so bad! My mom was like wtf are you doing and I just made her smile by doing that! Awesomeness!

Great Sven, i can remember my first payment so well. Wonderfull feeling was that. Eet smakelijk!

Don't forget to post the pics and address here mate!
sr. member
Activity: 303
Merit: 250
GoldReserve! Your Retirement Fund!
September 08, 2015, 01:04:23 PM
Good to see the pump was a small one which again shows this coin has a good value representation and stable.

The sell wall by my stabilization software absorbed most of the buying power and prevented the price to jump too high.

hey Biomike! Please remove your software from the exchanges! If you are artificially change the price in any way that means you are making a centralized coin! Let the market decide the price not you!
I believed in this coin but your actions show that you are against a healthy grows and want to keep the price low in any way! That is not natural! NLG had a price of 700 sat in the past and I believe before the halving, it should go up minimum to 700 or higher!

If you prevent it to go as it should be then you are acting live a Central Bank who controls the price of money. Please think it through and remove your software immediately!

And finally I found it!! It was Biomike who set up a buying wall big enough to absorb the buying pressure!!

And guys, just to let everyone know, "someone" carefully removed Biomike's post about the price manipulation!!

I made a screenshot just to prove that my post and Biomike's existed!
legendary
Activity: 952
Merit: 1000
September 08, 2015, 12:35:05 PM
Call me a troll or something, but my pizza's are underway!! Bought them for me and my mom with Guldencoin by Nocks.nl Cheesy My very first Guldencoin pizza!! Yammie, gonna enjoy this one so bad! My mom was like wtf are you doing and I just made her smile by doing that! Awesomeness!

Great Sven, i can remember my first payment so well. Wonderfull feeling was that. Eet smakelijk!
sr. member
Activity: 275
Merit: 250
September 08, 2015, 12:33:43 PM
I am here, again. Just call me a troll, who cares? Almost a week passed and if you are not totally blind, you can see the result of your "community" action!

First, before the reduction of the block reward, there was 7,6 Ghs hashrate dedicated for this coin. Then came the 250k block and you were soo blind to not see what will happen if you reduce the block reward but artifically push down the price not to let it grow to balance this change out!

Again, NLG price should be 10 times more, around 3000 satoshi ATM to be a healthy coin!

Just look at the hashrate now it is 1,6 Ghs! In a POW system, mining is securing the blockchain. If your miners will leave you because of the low price and low block reward, then you will not have any transactions going through, you could not use your coin!

Even if you manage to get 100 Mhs of scrypt hashing power that is not enough for anything!

And there you are sitting, laughing and ordering pizzas, as everything is all right! NO, wake up! There is serious problem with this coin and this is because of some irresponsible people who think they are doing good with keeping the price down!

You should had to let the price rise even if there would be a small disturbance for a few days!

You should stop beeing in the high horses and start thinking on a solution or within a few weeks the hashrate will reach 500-300 mhs, because that is a healthy balance for this low block reward and low price.

If you want to get back your miners to secure the network then you have to find a way to higher the price somehow!

P.S.: You can post the usual "trolls are here so we are doing good" nonsenses, but you should better look around, listen to and check what I am saying because everything I said is true.

P.S.2: Before you start the other boring "sell your NLG, you have your profit...Bla...bla", yes, I invested in NLG, I still have my coins and I am worried about my investment and I do not want to loose it because of some stupid mistake and ignorance you made, and make now!

Quite a few inaccuracies you have there. I'll address a few of the more important ones.

1) Pre reward drop our hash rate was actually more like 2.5ghs - there was a temporary spike to 7ghs but this only happened *because* of the reward drop and was brought about mostly by people renting to bring the change over faster etc. Don't believe me though check the hashrate chart here yourself http://www.coinwarz.com/cryptocurrency/coins/guldencoin - compare pre 24 August to now and you will see they are actually very close together.
2) While hash rate is important for security it doesn't effect transaction time in the way you think - in fact our block times (and thus transaction processing) is smoother than ever before.
3) Hash isn't suddenly about to drop off for at least another month as there was an IPO to rent hash for a month - if you were paying attention you would know this.

Now I will agree with you that ideally in the long/medium term the price ideally needs to go up a little (not nearly as much as you claim) to keep things healthy - but it is certainly not as urgent as you seem to think (which makes it look like you want to cash out?) the price will slowly go up when and if the time is right and the market says so. In fact it has already gone up quite a bit, it was trading at ~200 before we announced that the reduction would take place...
full member
Activity: 128
Merit: 100
September 08, 2015, 12:31:06 PM
Call me a troll or something, but my pizza's are underway!! Bought them for me and my mom with Guldencoin by Nocks.nl Cheesy My very first Guldencoin pizza!! Yammie, gonna enjoy this one so bad! My mom was like wtf are you doing and I just made her smile by doing that! Awesomeness!
Jump to: