Topic: Should Goldcoin (GLD) be added to the scam/sh*tcoin list? - page 3. (Read 3776 times)
Luckily I have dropped out of GLD before quite some time.
Everything you need to know: http://cryptolife.net/goldcoin-the-scam-that-keeps-on-giving/
Since the guy who runs the GLD thread just deleted my posts I decided to see what the rest of the community thinks of GLD as I am sure others have had their posts deleted for no apparent reason:
GLD FACTs:
1) GLD generates a block every 2 minutes. First 200 blocks paid out 10,000 GLD. That means 6 hrs to generate 2 million GLD. Premine anyone?
EDIT: After reading Hazards article there was actually 8 Million of the current 28 Million mined in the first 24 hours:http://cryptolife.net/goldcoin-the-scam-that-keeps-on-giving/
2) GLD was obviously just forked by the so called "51%" defense.
3) 3/4 of my GLD just vanished. Wtf?
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
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Quote
Glad to see the guy behind GLD is welcoming of new community members. Then again that does explain how the first 2 million GLD were mined in 6 hours.
Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
Quote
I like the idea behind GLD & would love to keep mining it. It has some great potential. After all, who doesn't want some crypto Gold with a nice shiny wallet emblem?
But after watching over half my coins disappear I must concur that this 51% defense is on its way to becoming a major mining buzz kill. Back to FTC and WDC I go. Looking forward to the patch.
GLD FACTs:
1) GLD generates a block every 2 minutes. First 200 blocks paid out 10,000 GLD. That means 6 hrs to generate 2 million GLD. Premine anyone?
EDIT: After reading Hazards article there was actually 8 Million of the current 28 Million mined in the first 24 hours:http://cryptolife.net/goldcoin-the-scam-that-keeps-on-giving/
2) GLD was obviously just forked by the so called "51%" defense.
3) 3/4 of my GLD just vanished. Wtf?
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
Quote
Glad to see the guy behind GLD is welcoming of new community members. Then again that does explain how the first 2 million GLD were mined in 6 hours.
Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.
Quote
I like the idea behind GLD & would love to keep mining it. It has some great potential. After all, who doesn't want some crypto Gold with a nice shiny wallet emblem?
But after watching over half my coins disappear I must concur that this 51% defense is on its way to becoming a major mining buzz kill. Back to FTC and WDC I go. Looking forward to the patch.
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