I really doubt you are going to get a deal done by offering under market price.

Actually the market price is really what a buyer and seller are willing to do a deal now for.

The exchanges market price usually takes into consideration lots of factors, what it last sold for, buy order,s sell orders, and volume, given the inactivity of the position the stated value is not reliable. Notwithstanding, isn't there other changes one must go through to convert GLD to fiat when dealing with an exchange?  Doesn't it have to be converted to a "major coin" then cashed out?   What happens when GLD is down and the "major coin" is up, you loose value there.  Is there any liquidity value -- there's no wait time for my funds.

I don't think any of that are real factors, I think everyone is waiting for the value to go higher, in the mean time inactivity is causing the value to go down.

I offered over exchange value price and I've offered under, yet the response is the same -- no deal.

I give up.

This is a website that tracks all the various cryptocurrencies: http://com-http.us/

Wow, 240 coins and counting, this is going to be a collector's dream.

From my tiny introduction to cryptocoin I've learned that there are many road blocks to the growth and sustainability of many coins.   

I'm seriously considering the creation of a micro marketplace -- 'a space' for direct GLD to fiat and fiat to GLD.   I'm thinking it must have various buy/sell rates connected to specific coin lot sizes: intro, retail, and wholesale.   The focus will be on doing micro-get-to-know-you deals until such time that both parties are comfortable doing bigger deals.

My question to you is what do you want to see there, what must the space have in order for you to feel comfortable visiting, trusting, and trading there?

Of course if all goes well other affordable coin will be included.

thank you

During that perplexing time, I decided to research NXT in an effort to find out how they could 'disappear' like that, the assumption was that they went out of biz.   

Although I'm glad to know that the coin is still alive, my findings were troubling, so much so that I removed it from my top 20 list.


The experience still intrigued me to want to know how some of the coins went out of biz -- that endeavor isn't at the top of the things to do list though.

thanks again   

I saw this:
"...  if you allow it, will use some of your spare CPU cycles in order to mine."  here: http://www.theopeneffect.com/freicoin/?done=1

and wondered if this could work for mining gold?

i was new to crypto and the name caught my interest

I seriously think this particular motivation is a stronger pull than perhaps is given credit.

Quote from: MicroGuy on January 27, 2014, 04:17:15 PM

According to this Wiki definition, Ripple is a payment system, currency exchange and remittance network.

http://en.wikipedia.org/wiki/Ripple_%28payment_protocol%29

I think the criticism came from the fact that the poster is new here, and, based on his activity does not seem to have any interest in Goldcoin which is the general focus of this website. The post was also originally (and incorrectly) submitted to the news section.

Its correct that I am pretty new here and a new crypto currency enthusiast. Found Goldcoin and forum a great place and wanted to discuss NoFiaCoin as this is perhaps only digital currency in the market which is backed by bullion. I hope I have created this thread in a proper place!

Would like to make an addition about Ripple....

Ripple is a bridge or universal translator between currencies. Ripple enable a user holding only BTC, LTC, NMC, or NoFiatCoin-XNF to make purchases from a vendor accepting only USD, EUR, or GBP. Cross-currency payments is a killer feature.

Due to an inaccurate and outdated attack campaign led by tradefortress, in favor of his vested interests, Ripple is widely misunderstood.

Lucky for everyone, the whole industry is new enough that all of the 'understandings' can be reshaped with little effort.   

Bad news in the crypto biz just bring the value down artificially, just like good news brings it up artificially -- buy on bad news, sell on good news.

I could provide advertising on the faucet, gold as payment to fund the faucet seems like the best idea to me. What do you have in mind?

Oh, and yes... You can get seconds, thirds, etc... every 48 hours. Please keep in mind though this is for people looking to get into GoldCoin and those just starting out. It is meant to spread the word and educate.

 How much time and space would $50. get me?