June 05, 2026, 06:03:25 AM

Author Topic: GLD Price dropping  (Read 12839 times)

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Offline 4DaysMining

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Re: GLD Price dropping
« Reply #15 on: January 08, 2014, 03:39:08 PM »
If anyone has some ideas or suggestions then we could toss them around and see what possibilities that may be. It would need to be something unique to draw attention to this coin but on the same hand not something that is overly complex to the point where development would take a year or more to get to beta.
A unique idea in the world of coins would be a p2p exchange. A decentralized exchange that takes supply and demand together. Today many transactions happen on centralized exchanges. These exchanges takes fees for every realized trade. Since Bitcoin and Altcoins doesn't take any real transation fee like banks or payment processors. So a p2p exchange could eliminate such transaction fees against centralized exchanges too. A established p2p protocol would be maybe this: https://jxta.kenai.com/ Or based on the current Bitcoin client.
This is the basis why I set up localgoldcoin.com.  Now we just need more people that are willing to use goldcoin for paying and offering goods/services.  It is my opinion for a long term acceptance of a coin.... it needs to be something more than just a speculation coin.
GLD E7mkRcaauQ7wbWyXi6vmFj6B1wKybM1dTX

Offline akrabat

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Re: GLD Price dropping
« Reply #16 on: January 09, 2014, 07:58:38 AM »
If anyone has some ideas or suggestions then we could toss them around and see what possibilities that may be. It would need to be something unique to draw attention to this coin but on the same hand not something that is overly complex to the point where development would take a year or more to get to beta.
A unique idea in the world of coins would be a p2p exchange. A decentralized exchange that takes supply and demand together. Today many transactions happen on centralized exchanges. These exchanges takes fees for every realized trade. Since Bitcoin and Altcoins doesn't take any real transation fee like banks or payment processors. So a p2p exchange could eliminate such transaction fees against centralized exchanges too. A established p2p protocol would be maybe this: https://jxta.kenai.com/ Or based on the current Bitcoin client.
This is the basis why I set up localgoldcoin.com.  Now we just need more people that are willing to use goldcoin for paying and offering goods/services.  It is my opinion for a long term acceptance of a coin.... it needs to be something more than just a speculation coin.
Nice project. Next step would be a p2p exchange without centralized instance. Especially trading between coins doesn't really need a centralized exchange or escrow. These piece of software could be integrated directly into wallet. Such a decentralized exchange would eliminate the risk of cyber crime. It should be secure like the p2p network of coins today.