Author

Topic: STOP making so many different COINs! (Read 1140 times)

legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 08, 2013, 04:09:55 PM
#22
That's not bad nor good, it's just something people need to know before investing in GLD

I agree that investors need to do their due diligence. That is a good point. But this coin is still extremely cheap and greatly undervalued.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 08, 2013, 04:07:46 PM
#20
What does your coin do that others don't?

Our most recent patch introduced a new innovative checkpoint mechanism, we were just the second alt to release a mobile Android App, we have a faster transactions time than LTC and BTC, a faster difficulty adjustment time than LTC or BTC, and have just recently become the only alt coin traded in dual pairs at Cryptsy.

Try this, take ten people that have never heard of a digital currency and put them in a room. Ask them which digital currency they would rather have sent to their new smart phone wallet, a bitcoin or a goldcoin? You will find 100% will prefer Goldcoin. This is a name that brings instant value to the minds of every human on earth and is going to be the key factor in achieving mainstream consumer adoption.

Come join our forum @ https://www.gldtalk.org. We have a dedicated team of staff and developers available to listen to your important suggestions and ideas.
hero member
Activity: 686
Merit: 504
always the student, never the master.
September 08, 2013, 04:08:07 PM
#18
What to DOOOOOO  Huh

Do Goldcoin (GLD) of course!



Official Forum
GLDTalk™: http://www.gldtalk.org

..

Beware before investing into GLD
They recently lowered the money income by around 10: https://bitcointalksearch.org/topic/m.2814633

Beware ! Thanks for the link  Wink

Why would you beware of us fixing the code?

The original design of the coin was to produce 100 million coins. After assuming development responsibilities, we found a bug in the code that was causing "unlimited coin generation" and lowered the block reward to return the coin to it's original total coin output.

We didn't think the World wanted (or needed) another infinite coin.


That's not the point
What worries people is that new comers will earn 10 times less GLD with the same hashpower
It also means that early adopters are fucking loaded

That's not bad nor good, it's just something people need to know before investing in GLD

the early comers aren't all loaded. most of us have cashed out and moved on to greener pastures( i had well over 100k GLD at one point ). only a few stuck around, like Microguy and Dayne, providing buy support and revamping the coin. I think hyoshi and Bitshire Hashaway have also been instrumental in this effort.  i for one commend them on their efforts to resurrect GLD whose original developer took the entire GLD community for a ride, pumping and dumping repeatedly on the heads of his loyal followers before leaving everyone with the bag finally. MG and Friends have invested so much in GLD, they deserve whatever profit they make in the long run. Yes they have tons of the coins, but its pretty clear they were in it for the long run. MG could have sold his coins for 10x what he paid for them at this point, and hasn't done so yet. they really believe in this coin and aren't in it for pumping and dumping.
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
September 08, 2013, 03:58:32 PM
#17
What to DOOOOOO  Huh

Do Goldcoin (GLD) of course!



Official Forum
GLDTalk™: http://www.gldtalk.org

..

Beware before investing into GLD
They recently lowered the money income by around 10: https://bitcointalksearch.org/topic/m.2814633

Beware ! Thanks for the link  Wink

Why would you beware of us fixing the code?

The original design of the coin was to produce 100 million coins. After assuming development responsibilities, we found a bug in the code that was causing "unlimited coin generation" and lowered the block reward to return the coin to it's original total coin output.

We didn't think the World wanted (or needed) another infinite coin.


That's not the point
What worries people is that new comers will earn 10 times less GLD with the same hashpower
It also means that early adopters are fucking loaded

That's not bad nor good, it's just something people need to know before investing in GLD
sr. member
Activity: 644
Merit: 250
September 08, 2013, 03:51:51 PM
#16
What to DOOOOOO  Huh

Do Goldcoin (GLD) of course!



Official Forum
GLDTalk™: http://www.gldtalk.org

..

Beware before investing into GLD
They recently lowered the money income by around 10: https://bitcointalksearch.org/topic/m.2814633

Beware ! Thanks for the link  Wink

Why would you beware of us fixing the code?

The original design of the coin was to produce 100 million coins. After assuming development responsibilities, we found a bug in the code was causing "unlimited coin generation" and lowered the block reward to return the coin to it's original design. We didn't think the World needed another infinite coin.


What does your coin do that others don't?

Or is it just another copy/paste attempt to cash-in?

K.
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
September 08, 2013, 02:28:41 PM
#15
What to DOOOOOO  Huh

Do Goldcoin (GLD) of course!



Official Forum
GLDTalk™: http://www.gldtalk.org

..

Beware before investing into GLD
They recently lowered the money income by around 10: https://bitcointalksearch.org/topic/m.2814633

Beware ! Thanks for the link  Wink
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
September 08, 2013, 02:09:53 PM
#14
What to DOOOOOO  Huh

Do Goldcoin (GLD) of course!



Official Forum
GLDTalk™: http://www.gldtalk.org

..

Beware before investing into GLD
They recently lowered the money income by around 10: https://bitcointalksearch.org/topic/m.2814633
legendary
Activity: 1512
Merit: 1000
September 08, 2013, 02:06:14 PM
#13
Yes, there are too much coins without any specific purpose (apart from pump and dump), but I think this is something like evolution. So, we will see which coins will be able to survive and evolve.
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
September 08, 2013, 02:04:32 PM
#12
many coins are good. gives variety and insight + several new innovations
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
September 08, 2013, 01:16:58 PM
#11
hmm-mm i see, makes centsssss  Roll Eyes  Grin
legendary
Activity: 1666
Merit: 1000
September 08, 2013, 01:08:14 PM
#10
So many coins  Undecided
What to DOOOOOO  Huh
Which coin's to invest IN Huh
What do UUUUUUUUU think, should people STOP making different coins Huh
BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC Shocked Wink

The first coins mined are nearly for free, because of low difficulty. So every miner has nearly no cost in premining these coins. After a while they can be sold for good money to people that have lost the overview. So many of the new coins can be compared with penny stocks. The last one will loose it all.
sr. member
Activity: 277
Merit: 250
September 08, 2013, 01:07:17 PM
#9
dont stop making new coin....i make money  Tongue

     _O_/       /_O_/
   /  ))             []
       \\            //
       //            \\    dance on Dire Straits - Money for nothing
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
September 08, 2013, 12:59:32 PM
#8
No, we will never stop because:
1. Multiple currencies is a good for market
2. Some coins will survive, most will die almost immediately anyway. Strongest will  become more expensive.
So, what did you prefer: almost real forex-like market with multiple currencies, or ponzi SCAM scheme with one market (e.g. mtGox), one currency which is fully controlled by oligarch?

Gooood info  Wink
Thanks
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
September 08, 2013, 12:58:05 PM
#7
Stop making useless topics cluttering the forum

Well what kinda topics dooooooooooo uuuuuuuuuuuuuuuu like  Huh We should all conform to your way of thinking, the world would be a better place if we all had your brains   Grin
hero member
Activity: 639
Merit: 500
September 08, 2013, 12:57:42 PM
#6
No, we will never stop because:
1. Multiple currencies is a good for market
2. Some coins will survive, most will die almost immediately anyway. Strongest will  become more expensive.
So, what did you prefer: almost real forex-like market with multiple currencies, or ponzi SCAM scheme with one market (e.g. mtGox), one currency which is fully controlled by oligarch?
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
September 08, 2013, 12:55:19 PM
#5
People making different coins is good, people making the same coin with a different name is bad.

We want different coins, it makes more choice and helps innovation Smiley

K.

Help me understand, why is it good to have different coins.
Are they ever going to have the same potential as BTC BTC Huh
legendary
Activity: 1596
Merit: 1010
September 08, 2013, 12:51:12 PM
#4
Stop making useless topics cluttering the forum
legendary
Activity: 2268
Merit: 1092
September 08, 2013, 12:48:49 PM
#3
Innovation is not a search and replace "Litecoin"->"Shitcoin", changing a couple of things like block targets, and posting an ANN thread here.
sr. member
Activity: 644
Merit: 250
September 08, 2013, 12:47:36 PM
#2
People making different coins is good, people making the same coin with a different name is bad.

We want different coins, it makes more choice and helps innovation Smiley

K.
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
September 08, 2013, 12:45:33 PM
#1
So many coins  Undecided
What to DOOOOOO  Huh
Which coin's to invest IN Huh
What do UUUUUUUUU think, should people STOP making different coins Huh
BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC Shocked Wink
Jump to: