GoldCoin Talk
Economy => Trading Discussion => Topic started by: Noud92 on January 10, 2014, 08:08:45 AM
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Why is GLD so low?
And what do you expect in de coming period?
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I have been in GoldCoin since it was launched. Seen huge corrections & GoldCoin always bounces stronger up.
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Why is GLD so low?
And what do you expect in de coming period?
GoldCoin unlike other coins is not just a flash in the pan. It is one of the few alt coins that I have seen with good support and an active community. I imagine GoldCoin to be a longer term investment with the profitability coming to those who support it and help it succeed.
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But why is it so low?
Too little attention?
Many miners who dump?
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A idea :
If you have some mining hash power : mine some GLD (like 50% of your hash power) and some other altcoin (best profitability like WDC or FST).
Sell this altcoin for BTC and buy GLD !
;)
8)
:P
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GLD is 500-800% over September prices, so it's only low relative to the prices paid during the recent frenzy. But, yes, it does seem to be a bit low...
I think there may still be significant regulatory pressures on crypto (hard getting money into exchanges, no USD -> BTC on Cryptsy, can't sell on eBay, Casascius shut down), such a lot of buying that would otherwise be happening is not happening right now.
There's also the recent idea of unlimited coin generation (http://coingen.io/status.html (http://coingen.io/status.html)), and the market needs to come to terms with that before some investment decisions can be made. Will new coins be made when it is no longer profitable to mine the old ones? Will they be adopted? How does that speak for the value of altcoins?
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But why is it so low?
Too little attention?
Many miners who dump?
Too many new coins.
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But why is it so low?
Too little attention?
Many miners who dump?
All altcoins are down at the moment.
These markets are volatile and cyclical. Goldcoin is relatively flat in regards to its relationship and ranking with other altcoins. There's little point in asking why the price is down repeatedly in different languages.
The question should be, "how can I help Goldcoin continue to grow and build momentum."
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But why is it so low?
Too little attention?
Many miners who dump?
All altcoins are down at the moment.
These markets are volatile and cyclical. Goldcoin is relatively flat in regards to its relationship and ranking with other altcoins. There's little point in asking why the price is down repeatedly in different languages.
The question should be, "how can I help Goldcoin continue to grow and build momentum."
"Ask not what GoldCoin can do for you...." Well put :D
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Goldcoin going to $1.80 minimum on next bitcoin new high.
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0.18$ in the first time be nice....
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Goldcoin going to $1.80 minimum on next bitcoin new high.
That feels about right. :D
I'm going to try and pick up some cheap GLD this week before the upward momentum returns!
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With you all the way Microguy, massively undervalued right now
Sent on the move
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now 5 months later, GLD still relatively strong... if it can keep this price level until the next bitcoin boom arrives, I think GLD can easily rise 10x.
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Goldcoin fluctuates to lows and highs but from my experience always recovers with slightly more growth.
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Gold is pretty stable, bought a bunch more today, like 50 k ish and put cryptsy orders in for another 90 k if anyone will sell it to me
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Gold is pretty stable, bought a bunch more today, like 50 k ish and put cryptsy orders in for another 90 k if anyone will sell it to me
I'm trying to stockpile some cheap gold myself. The new client is going to be awesome! (:D)
http://altcoinpress.com/2014/04/java-client-to-put-multiple-coins-into-a-single-wallet/
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looks like we might be on the verge of an altcoin boom there is some big buys across the board on lots of older altcoins. GLD is way undervalued right now we should see some upward movement soon. Good luck to all the goldcoiners who have stayed for the long run.
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looks like we might be on the verge of an altcoin boom there is some big buys across the board on lots of older altcoins. GLD is way undervalued right now we should see some upward movement soon. Good luck to all the goldcoiners who have stayed for the long run.
I agree.
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looks like we might be on the verge of an altcoin boom there is some big buys across the board on lots of older altcoins. GLD is way undervalued right now we should see some upward movement soon. Good luck to all the goldcoiners who have stayed for the long run.
That's an interesting theory. I think you might be correct. :)