Topic: [NLG] The great Gulden thread - page 18. (Read 14205 times)

I have earned 3 witness amounts with my +-25000 witness account but only locked for 6 months, I wish I had put it in for 3 years but I am going to build up to 100 000 coins and split this into two accounts. 1 for 1 year and 1 for 3 years and have 20 000 liquid. Well that's the dream for me.

I appreciate that you value my posts.

To your question, I locked 10k for 3 years two weeks ago. Because of the difficulties with the phase 3 rampup I missed out for two days. Since then my Raspberry Pi is working like a Swiss watch and I witnessed 3 blocks already. The estimated waiting period to find the next block is at 11.66 days right now for me. This would make it a 6% interest per year forecast.
Of course there might be also quite some 1 month lockers who don't want to keep their funds locked after that time. Time will tell where this will find it's balance but with 6% interest I'm really happy since those are my "high risk, high reward retirement funds".

Then tell this nice guy with arguments and nice words why it is not true what he says or leave the discussion so we stop talking about EFL while this is the Gulden/NLG thread   


Very good posts again !!  If i had any merit left to give you would have received one now.

I want to add that do not copy every time the whole discussion because then you only see 5 posts on 1 page and i agree with metare.  When someone posts a,  in your eyes, stupid remark remark then try with arguments to explain to that other why it is a stupid remark instead of Yes/No  or swearing.

Now let's focus on Gulden again and the positive things about it.

Question:  Who already witness Gulden and what are the results so far?  Maybe that will trigger (new) buyers to buy some Gulden and witness them also.

@Fraction: I know that it's cumbersome but try to take his arguments apart rather than just call him names. I know that you can do this. If we care about marketing in here, that's the first thing visitors will notice. I wouldn't trust a crypto that has a hostile open community.
Also by going aggressive you give Danuber what he wants: attention. Showing that his arguments are based on hot air, like EFL however will discourage him to keep arguing further.

Let GhandiPissman be your rolemodel with this, I already converted him  

The total value of any currency (including gold) is the trust of a group of people that they will be able to exchange the currency against other goods. So if this group has a combined trust of 1 in that currency and 20 items: each item will have a price/value of 1/20. If there where 1.6 Billions of items of that currency each would have a price/value of 1/16Billions.
Now how can you increase the trust in a currency? There are multiple factors what a good currency has to solve:
It's unforgeable and easy to verify if it's the real thing, easy to store, easy to trade, no or low inflation/deflation (price stability) and it's "granular" (it's lowest value container is able to be spent on daily consumptions).
A currency that can't buy you an ice cream or a coffee because one item of it is too expensive has no user value. Even if you only want it to buy e.g. a lambo you'd need to have a granular enough currency to get the payment right. So your scarcitiy will hit you in the back as soon as the currency gets more demand.
We have fractions of EFL too, I hear you say? Like the Satoshis of BTC? Then your previous statements are a joke because you're right: The actual relevant currency is the smallest amount you can viably spend (without the transaction costs being too high). So it helps to look at the price of 1 NLG and 1EFL but actually those are rather arbitrary in the long run.

Now I challenge you to either take my arguments apart or base your increased user value of EFL on it. You can keep the childish swearing to yourself, will you?

You are an idiot that can only project hyperbole statements. Try grow some perspective, the figures I posted was direct off coinmarketcap.

Your knowledge is based on fantasy, come back to reality. I provided the Math for you.

Let me use example for you to understand.

Doge supply is 115,544,665,459 and it looks good on coinmarketcap with $343,797,083 marketcap but the price is only 40 satoshi.  It makes marketcap look big because of all the wasted supply.

EFL price is 818 satoshi  - no development, no marketing, no hype and EFL price still shit all over Gulden.
NLG price is 710 satoshi

Face the fact Gulden would be higher value with EFL supply amount.

Ontopic: this is the real Gulden topic. Go back to your EFL thread 

What does people expect with 410 million supply of NLG. It's why Rijk should of merged with EFL which only has 21 million total supply when all coins are mined.

Well, you have taken it out of context by your translation. Someone asked a bit weird how long it takes for a transaction to be available on Bittrex. And it takes 200 confirmations right now, so that's about 8 hours. He didn't mean a "real" pump.

SuperOrca is telling the truth. Here is a copy and paste from one of the community members on slack. Removed names for privacy reasons.

xxxx [12:43 PM]
Hi

How long does it take to pump Guldens to Bittrex?

xxxxx [12:44 PM]
pumps do not make sense. you just have to transfer them and wait for 200 confirms. about 8 hours.

xxxx [12:45 PM]
Hehe OK
So 200
Thanks

Offcourse you can say everything  about it but to say to a big player that the price cannot go below 700 sat is not that smart.  But you almost got what you asked for.  704 sat now and <1BTC and it is below 700 sat

Well played sir  

Let it go under 700sat so Superorca was right this time and after that the only way is up.  I will not put buying orders above 700sat untill this bet is over .....  

In the long term 1420 will come but with more stability. A slow rise like Jean.Luc said. It is better to let the price drop to wherever it was going before you pumped it and let nature take it's course.
Rijk the founder of Gulden does not care if the price is 1 sat or 10000 sat , they have raised enough bitcoin to support development for a long time.

of course we all want to price to go up

I would rather be wrong and eat my words, because if I am right we all lose. The project will fail, there will be fighting within the team and developers will eventually leave because they don't feel they making a difference.
The longer the price stays this way the larger % chance increase of the above taking place.

so if somebody makes a false statement you cannot say anything about it "because he will sell all his Gulden"

agree with the fact that we should get and keep the price over > 6 eurocent. I am doing my part. Havent sold a single Gulden since i started buying

Nice let we try to convince SuperOrca to dump his remaining Gulden below 700 sat just to prove his point!  That is very good for Gulden ........

Come on guys you have to be smarter then that

He had a point that i went from 1450 to like 725 so that is half but it did not get under the 700 so his figure was wrong so his statement was wrong but not a biggie i think.

Let us all try to get the price > 6 eurocent or 915 sat

Or do we play the Game :  Gulden how low can you go  

I don't see a lot of marketing taking place for this update, a higher price would bring new eyes to the table to find out why Gulden is getting interest. The short term profits were more important then the long term success a higher price would bring...

and you might do the same with sell orders to prove you're right :-)