Author

Topic: NA - page 116. (Read 893602 times)

legendary
Activity: 1148
Merit: 1000
September 06, 2015, 10:26:55 AM

if i can pay that with euro, than can i pay with euro at bol.com  Wink just no euro but only nlg
legendary
Activity: 980
Merit: 1000
September 06, 2015, 09:57:53 AM
legendary
Activity: 1148
Merit: 1000
September 06, 2015, 09:55:33 AM
can i pay with nlg at bol.com ?
sr. member
Activity: 458
Merit: 500
September 06, 2015, 12:42:52 AM
Only 20 blocks to go.... http://www.guldencointrader.nl/



Put some buy orders just above 300 , strong dump signal from traders that made a small profit on the recent rally. After that the price will go much higher.

How much can I pay you to give me your price trends. You never wrong!

knowledge  Cool

I never thought I would see low 300s again, will be buying more coins.  Grin  What do you think the price will be next year for a long term holder like myself?


For new users to trading and investing just follow this graph, if the supply on bittrex remains above 45 million then lower 300s is a good buy in price. I wouldn't buy above 350 until that graph moves below 40 million (short term). Within the next year the price will be above 600 and whether you buy at 250 or 450 won't matter if you not a day trader.

http://nlgstats.nl/charts/total_NLG_at_bittrex.html



Thanks for your honest advice, just picked up over 60 000 coins.

No problem, totals have come down in the last 48hrs but just watch to see if the amount goes up. With the community dominating the hash rate I expect the downward trend to continue next week. Still keep your buy orders under 350 until 40 million is breached to the downside. Traders wanting to make a profit will dump out so they can get into the next coin that is going to pump.
sr. member
Activity: 332
Merit: 250
September 05, 2015, 05:25:40 PM
Mining scrypt and especially Guldencoin is a money eater atm. So if you give me a miner, I won't use it. The idea of permanent mining using proceeds out of SHA to reinvest in mining Guldencoin is great.

That makes no sense to me:
The average Bitcoin (SHA) miner takes probably 2 years to break even, after which it is already close to obsolete, so its basically just an inefficient way of renting with more variables that can go wrong may as well rent directly.
Some basic things that can go wrong:
a) Massive increase in Bitcoin hashrate - now you are making a loss and can afford less hash than if you just rented directly.
b) Drop in Bitcoin price - returns much lower than expected
This is before even getting into things like George potentially running off with the money or the Bitcoin miner.

If the BTC mining were massively profitable then maybe it would make sense, though all the extra risk factors still make it somewhat dicey, so far I haven't even seen an answer on how much SHA hash we are talking, it would have to be a lot of hash to actually make this more profitable (or less of a loss) than mining directly would be...

What I personally would like to see is some basic sums, showing how much the expected BTC income is going to be and that this is somehow better than just using the money to rent directly.
If you really believe renting is going to be more profitable (or less of a loss) than purchasing Scrypt miners then maybe what should be done here is negotiating a really long term rental contract and avoiding the extra step of mining Bitcoin (which from what I can see - though maybe I miss something - just adds extra complications and complexity)

If mining scrypt is such a money eater that you wouldn't run one even if you were given it, then renting it will be just as bad if not worse. It isn't suddenly going to be profitable just because there is an extra step involved.
That renter needs to pay for the same electricity *and* still make a profit from the rental, and the profit has to be larger than he would get from mining himself or else he would just mine himself. Sure he may be in a country where electricity is cheaper, but then maybe what we should be looking for then is someone who can host actual bought Scrypt miners in a country with cheap electricity...

Anyway just my opinion, people are free to make up their own minds.

People buy Guldencoin out of the pre-mine with Bitcoin at a rate of 500 sat. No sell pressure for sure imo.
I was replying to SuicidalTendencies who wanted to buy scypt miners using the premine - nobody is going to sell scrypt miners for NLG so it would create a huge sell pressure, unless a similar scheme of 'reimbursing' people who bought for BTC or similar is followed instead of buying it directly with the premine...

Thnx for your extensive answer.

1. The average Bitcoin (SHA) miner takes probably 2 years to break even

Depends on power costs also I guess.

2. What I personally would like to see is some basic sums

I would like to see these too. @George

3. I was replying to SuicidalTendencies

My mistake.

---


Updated https://community.guldencoin.com/t/community-mining-ipo-follow-up-permanent-mining-initial-setup-session/1215/58
legendary
Activity: 988
Merit: 1000
September 05, 2015, 05:01:25 PM
Whatever happens, everybody please remember that our common goal of making NLG a success is most important. ...... We share the same goal!

Ofcourse. This discussion is a good one and logic also.

About investing in this IPO mining of George, you get 15k NLG per package out of the premine and will be distirbuted by a trusted 3rd party of the community when it goes on next month, as i understand now.
So in case the mining does not work out as mentioned by George, even then investment is not lost. So that is why I say lets give George the benifit of the doubt. But discussion and question can go on. Best is to ask questions on the forum, i think. What I have seen in postings of George he is really willing to contribute to the succes of Guldencoin. I think everybody can make his own discision in this, wanting to participate or not. More trust can be gained coming weeks, this should not divide the community at all.

I think I need to ask about this one as well, I haven't seen any IPO request on the https://funding.guldencoin.com site. Where and how was it decided that 1.5mm coins would become available for this project? Again, I'm not deliberately trying to frustrate things, I just want to keep things clear and pure!

I'm all for funding this initiative myself, once a certain clarity has been established first! I think if George can actually make this work it of course would be great for Guldencoin. But I still see to many uncertainties...

Counter question, purely for the sake of argumenting:

Where and how was it decided that 2M coins would become available for the current running IPO?
No questions ever rised on that one  Wink


Buerra had run 2 successful mining campaigns previously (without IPO) and a lot of people have met him in person. I stand to be corrected but the request was from the development team to have 500 Mh when the change of rewards took place.
The only reason I am not taking packages is because you are anonymous.
sr. member
Activity: 332
Merit: 250
September 05, 2015, 04:31:10 PM
The guy deserves 7.5 btc for the effort he is putting into this Con although I wouldn't hand him the NLG to distribute because you don't want him to have 1.5 million coins waiting to be dumped at some time in the future. It's one of those Cons you don't mind losing on because your getting guldencoin and reducing the premine at the same time.

Well... let's make him have 7.5BTC to set up this mining session.
The 1.5M Guldencoin will be distributed over the participants, so don't worry about those.

I think this opportunity deserves a change.
I have seen how George made his entry in the Guldencoin community and how things evolved from there.

There is trust and all the info we need about George for now...



Maybe I'm just to stupid to comprehend the plan, but is there any post I have overseen where there can be found an explanation how 100Mh can be guaranteed for a lifetime? I don't care what equipment is being bought for this (and how low the power and maintenance cost are), but it will cost at least 5BTC to get a good (used) 100 Mh rig. That will last no longer than 2 years (if lucky). Then a replacement needs to be bought. Let's say this will only cost 2.5 BTC then, again for 2 more years. After 4 years the initial well has dried up. Where is the (relatively high) interest coming from that takes care of 10 to 30 more purchases?

The only thing I can come up with is a ponzi scheme where new investors pay the tab. Once new hash rounds fail, so will the "lifetime" contract. Again, it's probably me being dumb here...

Can you please make an effort to educate me George? Again, I'm not accusing you of anything, I just want to be able to grasp the plan. Hell I'll pay the 7.5BTC myself if you can make me understand!

Sure.

I believe most people get stuck on the assumption that it is only about purchasing hardware. Which is not the sole case.

It's a mix of hardware and software, and connecting the dots between them.

Reason why I haven't disclosed the system in every single detail, is simply to prevent other coins from copying it. I stated that I would like this to be an "NLG exclusive" (https://bitcointalksearch.org/topic/m.12102686, bottom), which, I would like to uphold...



It's in my beliefs that individuals should take responsibility for their own hardware. It would be better for 10 people to have 1 10MH rig each all over the world then a 100 MH in one location.
What happens if there is a fire and the entire rig goes down in flames? Rather use the premine to buy rigs for people if they promise to keep them online for at least 2 years with their own electrical costs. This is way too risky and too centralized.

Say someone has a disagreement with George and he says fuck you and fuck guldencoin I am going to point these mining rigs somewhere else.

Buy your own fucking rigs people, don't give control to one person. Retards anonymous!

I have to agree mostly (other than the insults).

I'd much rather see someone arrange a group buy for 500 1 mh/s miners, or 100 10 mh/s miners, or 10 100 mh/s miners - or whatever is feasible given demand - presumably for the right volume they can be had for a slightly better price than normal. Each person who participates can then do with the resulting miners as they please.
This has way less issues in terms of potential scams etc.

Though I don't think the premine could be involved or at least not as the bulk of the funding as that would just create a huge sell pressure which i s probably not what the coin needs right now...

No insults are taken, for the general message of Litesire is valid.

What I am offering, is what I am offering. Scam or real, that ain't something for me up to me to decide  Wink
sr. member
Activity: 332
Merit: 250
September 05, 2015, 04:11:34 PM
I have to agree with Barry as well. I have been reading all posts regarding the plans of George on the sidelines and have had the exact same "gut feelings". I am not going to participate anyway, since I have my own "lifetime" mining operations running  Smiley

Now don't get me wrong, I'm not saying I do not trust George (neither does Barry btw) but I'm also not saying I do. One of the main reasons is that lifetime mining contracts are as good as impossible to do. I also have not seen full disclosure of how he thinks to make it possible and the main red flag that I see is that he evades every effort from guy's like WaterLooDown to get involved (it's always not possible and all automated).

Again, use common sense people. If someone proposes to deliver something that seems nearly impossible, it's not so much to ask for his credentials.

I'm more that willing to step in and oversee the thing, but that does involve at least a meeting IRL. I'll pay for lunch George  Wink

Fair.

If a meeting IRL would help, then a meeting IRL should be arranged  Wink

Great George! What would be a convenient time and place for you? I personally live in The Hague, but I can meet you anywhere else as well, maybe some place in the middle? Just let me know...

Ha! The (current) The Hague, is my place of birth  Cheesy

Let us discuss further details in private, alright?
hero member
Activity: 638
Merit: 500
September 05, 2015, 04:07:21 PM
Well... I just orderd and eat an enormous Pizza which I paid with Guldencoin with thanks to Nocks Nimble!
Paying went very smooth, a transaction with my phone in a millisecond. 15 minutes later te result:



Just to remind everyone about the pizza action of @LTEX.

One of these days I will order sushi for sure  Tongue
sr. member
Activity: 332
Merit: 250
September 05, 2015, 04:04:19 PM
Whatever happens, everybody please remember that our common goal of making NLG a success is most important. ...... We share the same goal!

Ofcourse. This discussion is a good one and logic also.

About investing in this IPO mining of George, you get 15k NLG per package out of the premine and will be distirbuted by a trusted 3rd party of the community when it goes on next month, as i understand now.
So in case the mining does not work out as mentioned by George, even then investment is not lost. So that is why I say lets give George the benifit of the doubt. But discussion and question can go on. Best is to ask questions on the forum, i think. What I have seen in postings of George he is really willing to contribute to the succes of Guldencoin. I think everybody can make his own discision in this, wanting to participate or not. More trust can be gained coming weeks, this should not divide the community at all.

I think I need to ask about this one as well, I haven't seen any IPO request on the https://funding.guldencoin.com site. Where and how was it decided that 1.5mm coins would become available for this project? Again, I'm not deliberately trying to frustrate things, I just want to keep things clear and pure!

I'm all for funding this initiative myself, once a certain clarity has been established first! I think if George can actually make this work it of course would be great for Guldencoin. But I still see to many uncertainties...

Counter question, purely for the sake of argumenting:

Where and how was it decided that 2M coins would become available for the current running IPO?
No questions ever rised on that one  Wink
hero member
Activity: 638
Merit: 500
September 05, 2015, 03:33:35 PM
Was on thuisbezorgd checking out some restaurants to order something and came across this:

Myckel
Was weer heerlijk. Betaald met Guldencoin via Nocks.nl!
31-08-15 om 23:48 Kwaliteit: Bezorging:

The coincidence!
I never write a review on thuisbezorgd but from now on I will just like Myckel did, would recommend everyone who does so to do the same.

Good tip! Next time I will do for sure, this works somehow for sure...  Smiley
member
Activity: 84
Merit: 10
September 05, 2015, 03:28:31 PM
Was on thuisbezorgd checking out some restaurants to order something and came across this:

Myckel
Was weer heerlijk. Betaald met Guldencoin via Nocks.nl!
31-08-15 om 23:48 Kwaliteit: Bezorging:

The coincidence!
I never write a review on thuisbezorgd but from now on I will just like Myckel did, would recommend everyone who does so to do the same.
member
Activity: 84
Merit: 10
September 05, 2015, 02:48:52 PM
Thx for looking into it.

I applied for a refund in BTC with thuisbezorgd.nl to a personal adress of mine, let's see how they handle that.

I wonder too  Cool

It's always good to see how things run when they go wrong. Good lesson and info for future users.

As far as I know it is a US based company that handles the bitcoin payments for thuisbezorgd (takeaway), bitpay i think it was
Make sure you make a lot of print screens of the transactions, website etc etc when you send them an email.
Had it happen to me back in the days they double charged me but the issue was resolved very smooth.
hero member
Activity: 638
Merit: 500
September 05, 2015, 02:27:26 PM
Thx for looking into it.

I applied for a refund in BTC with thuisbezorgd.nl to a personal adress of mine, let's see how they handle that.

I wonder too  Cool

It's always good to see how things run when they go wrong. Good lesson and info for future users.
hero member
Activity: 1132
Merit: 818
September 05, 2015, 02:20:44 PM
Thx for looking into it.

I applied for a refund in BTC with thuisbezorgd.nl to a personal adress of mine, let's see how they handle that.
legendary
Activity: 980
Merit: 1000
September 05, 2015, 01:58:19 PM
Looking at our stats you tried 3 transactions, 2 of 'm timed out.

I think that was me also, Buerra.  1 time out. Browserplugin started the old wallet and had the 1.5 wllet to reindex again.

The protocol seems not to work at the moment here to start the new wallet automaticly with Nimble, as i made corrections in about:config by hand for the old wallet..



Ah ok ok, so you still have the old wallet installed? That could cause some confusion to services for sure.

No, new wallet installed, but the protocol of firefox in about:config had to open the old wallet as it was programmed do so by me by hand in the past.

The protocol seems not to work at the moment here to start the new wallet automaticly with Nimble, as i made corrections in about:config by hand for the old wallet to make it work.

Tried to manage it again for 1.5 wallet, but doesn't work yet. Have to do it by hand. also Julian has problems with automatic startup of the wallet, i read.

See post: https://community.guldencoin.com/t/pizza-bestelen/861/13, how it was handled for the old wallet. That worked out, not a solution here for the new wallet yet.

Right, ok, we'll look into this. Thanks for letting us know julian & veertje  Smiley
hero member
Activity: 638
Merit: 500
September 05, 2015, 01:53:11 PM
Mining scrypt and especially Guldencoin is a money eater atm. So if you give me a miner, I won't use it. The idea of permanent mining using proceeds out of SHA to reinvest in mining Guldencoin is great.

That makes no sense to me:
The average Bitcoin (SHA) miner takes probably 2 years to break even, after which it is already close to obsolete, so its basically just an inefficient way of renting with more variables that can go wrong may as well rent directly.
Some basic things that can go wrong:
a) Massive increase in Bitcoin hashrate - now you are making a loss and can afford less hash than if you just rented directly.
b) Drop in Bitcoin price - returns much lower than expected
This is before even getting into things like George potentially running off with the money or the Bitcoin miner.

If the BTC mining were massively profitable then maybe it would make sense, though all the extra risk factors still make it somewhat dicey, so far I haven't even seen an answer on how much SHA hash we are talking, it would have to be a lot of hash to actually make this more profitable (or less of a loss) than mining directly would be...

What I personally would like to see is some basic sums, showing how much the expected BTC income is going to be and that this is somehow better than just using the money to rent directly.
If you really believe renting is going to be more profitable (or less of a loss) than purchasing Scrypt miners then maybe what should be done here is negotiating a really long term rental contract and avoiding the extra step of mining Bitcoin (which from what I can see - though maybe I miss something - just adds extra complications and complexity)

If mining scrypt is such a money eater that you wouldn't run one even if you were given it, then renting it will be just as bad if not worse. It isn't suddenly going to be profitable just because there is an extra step involved.
That renter needs to pay for the same electricity *and* still make a profit from the rental, and the profit has to be larger than he would get from mining himself or else he would just mine himself. Sure he may be in a country where electricity is cheaper, but then maybe what we should be looking for then is someone who can host actual bought Scrypt miners in a country with cheap electricity...

Anyway just my opinion, people are free to make up their own minds.

People buy Guldencoin out of the pre-mine with Bitcoin at a rate of 500 sat. No sell pressure for sure imo.
I was replying to SuicidalTendencies who wanted to buy scypt miners using the premine - nobody is going to sell scrypt miners for NLG so it would create a huge sell pressure, unless a similar scheme of 'reimbursing' people who bought for BTC or similar is followed instead of buying it directly with the premine...

Thnx for your extensive answer.

1. The average Bitcoin (SHA) miner takes probably 2 years to break even

Depends on power costs also I guess.

2. What I personally would like to see is some basic sums

I would like to see these too. @George

3. I was replying to SuicidalTendencies

My mistake.

---


legendary
Activity: 952
Merit: 1000
September 05, 2015, 01:52:08 PM
Looking at our stats you tried 3 transactions, 2 of 'm timed out.

I think that was me also, Buerra.  1 time out. Browserplugin started the old wallet and had the 1.5 wllet to reindex again.

The protocol seems not to work at the moment here to start the new wallet automaticly with Nimble, as i made corrections in about:config by hand for the old wallet..



Ah ok ok, so you still have the old wallet installed? That could cause some confusion to services for sure.

No, new wallet installed, but the protocol of firefox in about:config had to open the old wallet as it was programmed do so by me by hand in the past.

The protocol seems not to work at the moment here to start the new wallet automaticly with Nimble in Firefox, as i made corrections in about:config by hand for the old wallet to make it work.

Tried to manage it again for 1.5 wallet, but doesn't work yet. Have to do it by hand. also Julian has problems with automatic startup of the wallet, i read.

See post: https://community.guldencoin.com/t/pizza-bestelen/861/13, how it was handled for the old wallet. That worked out, not a solution here for the new wallet yet.

I think i will try google chrome next time. For one or other reason for some people automatic startup of the wallet protocol isn't recognized in firefox, but for other people it works fine.
sr. member
Activity: 275
Merit: 250
September 05, 2015, 01:44:32 PM
Mining scrypt and especially Guldencoin is a money eater atm. So if you give me a miner, I won't use it. The idea of permanent mining using proceeds out of SHA to reinvest in mining Guldencoin is great.

That makes no sense to me:
The average Bitcoin (SHA) miner takes probably 2 years to break even, after which it is already close to obsolete, so its basically just an inefficient way of renting with more variables that can go wrong may as well rent directly.
Some basic things that can go wrong:
a) Massive increase in Bitcoin hashrate - now you are making a loss and can afford less hash than if you just rented directly.
b) Drop in Bitcoin price - returns much lower than expected
This is before even getting into things like George potentially running off with the money or the Bitcoin miner.

If the BTC mining were massively profitable then maybe it would make sense, though all the extra risk factors still make it somewhat dicey, so far I haven't even seen an answer on how much SHA hash we are talking, it would have to be a lot of hash to actually make this more profitable (or less of a loss) than mining directly would be...

What I personally would like to see is some basic sums, showing how much the expected BTC income is going to be and that this is somehow better than just using the money to rent directly.
If you really believe renting is going to be more profitable (or less of a loss) than purchasing Scrypt miners then maybe what should be done here is negotiating a really long term rental contract and avoiding the extra step of mining Bitcoin (which from what I can see - though maybe I miss something - just adds extra complications and complexity)

If mining scrypt is such a money eater that you wouldn't run one even if you were given it, then renting it will be just as bad if not worse. It isn't suddenly going to be profitable just because there is an extra step involved.
That renter needs to pay for the same electricity *and* still make a profit from the rental, and the profit has to be larger than he would get from mining himself or else he would just mine himself. Sure he may be in a country where electricity is cheaper, but then maybe what we should be looking for then is someone who can host actual bought Scrypt miners in a country with cheap electricity...

Anyway just my opinion, people are free to make up their own minds.

People buy Guldencoin out of the pre-mine with Bitcoin at a rate of 500 sat. No sell pressure for sure imo.
I was replying to SuicidalTendencies who wanted to buy scypt miners using the premine - nobody is going to sell scrypt miners for NLG so it would create a huge sell pressure, unless a similar scheme of 'reimbursing' people who bought for BTC or similar is followed instead of buying it directly with the premine...
legendary
Activity: 980
Merit: 1000
September 05, 2015, 01:44:25 PM
Looking at our stats you tried 3 transactions, 2 of 'm timed out.

I think that was me also, Buerra.  1 time out. Browserplugin started the old wallet and had the 1.5 wllet to reindex again.

The protocol seems not to work at the moment here to start the new wallet automaticly with Nimble, as i made corrections in about:config by hand for the old wallet..



Ah ok ok, so you still have the old wallet installed? That could cause some confusion to services for sure.
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