Topic: NA - page 614. (Read 893616 times)

I see we are 6th on Swisscex already! It's not a bad exchange if it's needed to push things forward for NLG. From what I know swisscex has not gone down often.

https://www.swisscex.com/voting

Well done guys . Now it's time to get more Subways into GuldenCoin. How about Subways in Gelderland & Noord-Brabant? As I am there most of my time ^^.

http://guldenchain.mycryptoco.in

Not sure if this was fated or not but we actually need a second exchange fairly urgently to ensure uptime for litebit exchange rates and further merchant adoption, I will just paste my post I made on the guldencoinforum.com.


We are getting to a stage now where we can't just rely on bittrex to have 100% uptime and the more merchants we add the more crucial this becomes.

Yaeh!! 

Is there a block explorer? I didn't see it listed in the OP.

I hope the NLG team doesn't mind but have sent a PM to swisscex to get this currency added, NLG really deserves to be on good, honest and secure exchanges.

Would prefer the currency to be on swisscex rather then Poloniex as a lot of pumpers and dumpers there and too much trolling.

This is very unexpected once again, thought it was initially maybe 1 owner that wanted to try it out and now there is 3. This is truly the currency the Dutch people should be supporting.
Will other merchants be accepting NLG?

One post got in between, so it's pretty obvious now. COOL!

Cookie.

Is there a 3rd subway accepting NLG now??? KAMPEN?

I think the current block rewards of only halving after 4 years is a great way of doing things, it means people will still have a chance to get in later as value goes up, if the plan for NLG is to get more merchants at the Subway quality there will be more NLG to go around. Even the not so wealthy can afford to invest and own some. Also NLG is setup for spending and not for trading which will provide longterm benefits especially if the value ever sees 1-10 Euros.

Once the MTGOX scammers have dumped out I am also expecting btc prices to climb to over a $1000 again, the amount of people that have downloaded a wallet has gone from just over 1 million to over 1.3 million in just 2 months. 300 000 growth in 2 months, at that rate we can be looking at 5 million bitcoin users by next year.

As the industry grows coins like NLG are going to benefit because they have use. Suffer now and reap the rewards later, crypto is here to stay and another thing to think about is that the Euro Zone might break up, nations are wanting there sovereignty and identity again and guldencoin will be another way for the Dutch people to show this.

Noble Coin is a worldwide coin with charity background. NLG is a coin "only" for netherlands purpose.
Noble was hard pump and dump in the last weeks,  they price before was very weaker.

Please dont missunderstand my "wishes" or opinio. i like this coin, i like the team and your idea of fair distribution to the people of the netherlands, but to successfull with our coin we need solite prices .. what should a merchant do ? some day a sandwhich cost 5.500 coins, another day 10.000 and 1 week later 15.000 ? merchants want a sure ccalculation rate. no jumping

okay i try again to explain.

let us say that there are 42 million coins available (without premine)
let us say the current price is 150 satoshi

so 42 Million x 150 = 63.0000.0000 satoshi = 63 btc

now u let us say the fair price is higher than 150 satoshi, maybe 200 satoshi (that is the price where i bought half of my coins)

so 42 million x 200 = 84.0000.0000 sathoshi = 84 btc

so now many months later ..

there are now

126 million coins x 200 satoshi = 252.0000.0000 = 252 BTC

and don´t forget there 170mi premine coins to, so calcute with

130 million + 170 million = 300 mio x 200 sat = 600 BTC

that is inflation, you have to create value to establish the price

if you have non or only a small demand, u will see dropping prices.(like yet)
that is the circle of life in the real word and in the crypto.

and one question what do you think wíll subway do with their coins ?
being a big bagholder or do you think they their owner want cash in their financial statistik ?
they will sell ...

another point, not every miner or buyer is coming from the nederlands to i have no option to buy my sandwich there.

so my opinion is:

stop mining (pow) at max 100 mio coins, destroy some of your premine coins so have a fair % of premine to the new pow value.
and maybe use pos with 2 or 3 % to make it attractiv that subway hold their coins and dont sell any coin that they get.

Dear Guldencoin community

Please note that NLG is up for voting on SwissCEX: https://www.swisscex.com/voting

Registered users have 3 votes every hour.

NLG is following the same route as Noblecoin, where getting merchants is more important then what the current trading volume and value is, the reason Noble is going for merchants is because at the end of the day this is what's going to give it longterm value.

So lets look at current Noble pricing and supply.

There will be a total supply of 15 billion NOBL coins, current block reward is 5000 coins every minute, so they are releasing 12500 coins in the same time NLG does 1000. Current price is 36 on Mintpal and total supply is 1,135,620,000 , which is almost the total supply NLG will have. So if you want to work on a fair value based off Noblecoin, NLG can settle at around 350-450.

The big difference between NLG and Noble is that NLG is a lot more capable of getting merchants on the ground, meaning not just online merchants, Subways is both ground and online where noble only has online merchants which 90% are tiny. 1 Subway branch is worth about 20 of those online Merchants imo. Just from a exposure and prestige POV. The other deal is they have 11 charities that you can donate too.

I have both NLG and Noble besides BTC because I believe in what both coins are trying to do, both are trying to make a difference and I think NLG can be one of the greats especially if btc prices itself go back over 1000 it will bring a lot more attention to non PnD scammy alts.

Hi Ghost,

Litebit has a the Euro Value for NLG, currently its 1000 for 0.67 Euros. So Subways uses the value here.

https://www.litebit.eu/coin/nlg/nl/

What does block halving do... honestly?  People need to stop going down the road of changing the coin to change the value.  Coins that do that die.  Plain and simple.  Leave the coin the way the developers designed it.  Stop trying to change the payout, or make it POS, or implement super-blocks, or any other silly idea.

If you want to raise the value, give some of that 1% of all the coins to your friends and tell them to go buy a Subway sandwich.  What's a sandwich going to cost you?  Get them interested, and spread the word of the coin.  When people want to buy it or mine it, the coin will go up in value.

-Fuse

why we don´t talk seriosly about block halving or more than that ?
who should buy thats coins that are daily mined ??
ALL actual buy orders @ bittrex are have volume of 0,16 btc, that is a shit ...

and please don´t say .. buy now ist cheap bla bla bla

i got nearly 1 % of all mined coins (without premine for Distribution) and i don´t wanna be your financial bagholder who buy all coins from miners and make them rich or pay their bills.

i like this coin really, but on this volume of coins there is no future ..  should i buy a Sandwich from subway with 150.000 coins or what is the plan ?

make a value for this coin and do not any more coins on market that nobody wanna buy actual.

I don't think you'll see it hit BTC-E.  Not being negative, just realistic.  BTC-E doesn't add coins unless it wants to add coins.  Hell, it doesn't even have DOGE, which is now the 3rd most widely accepted coin out there.  Cryptsy though would be an easily achievable goal though with community support.

If you want to bridge the fiat/crypto gap... work on NLG ATMs.  This is entirely possible, and would not only spark community interest and awareness, but would get NLG into the hands of the people who it's made for.  Put them outside the Subway restaurants that already accept NLG.  Approach other retailers with the coin, and if they turn it down, hit them up with a plan B of housing an ATM.  Rent the space from them, and they are spreading awareness without even having to accept the coin.  Eventually, they'll want to accept the coin.

Price out the development of a NLG ATM and software, and let the NLG community make it happen with a ATM fundraiser.

-Fuse

I agree, NLG should aim for more of a fiat pairing then btc pairing, this coin might be serious enough to have it's own NLG/Crypto pairings in the future. With enough merchants you will have plenty foreigners trading other alts for NLG when they want to visit the Netherlands.

This should be the main focus of this coin and in the meantime keep voting for mintpal and not worry about other shit exchanges unless it's btc-e or maybe cryptsy.