April 20, 2024, 08:02:14 AM
« previous next »
Pages: [1] 2

Author Topic: Will gold rise again?  (Read 11114 times)

0 Members and 1 Guest are viewing this topic.

Offline Noud92

  • Newbie
  • *
  • Posts: 6
  • Karma: +0/-0
    • View Profile
Will gold rise again?
« on: January 10, 2014, 08:08:45 AM »


Why is GLD so low?
And what do you expect in de coming period?
Logged

Offline AZIZ1977

  • Gold Miner
  • ****
  • Posts: 573
  • Karma: +25/-0
    • View Profile
Re: Will gold rise again?
« Reply #1 on: January 10, 2014, 08:22:45 AM »
I have been in GoldCoin since it was launched. Seen huge corrections & GoldCoin always bounces stronger up.
Logged
GLD: DvCsNBJowwzManPa6YSMsNFanFXMxqgFuk
BTC: 16F9CkTbDAAa76EzpqhEhQsRP93Gn49GpW

Offline CircuitSix

  • Gold Miner
  • ****
  • Posts: 167
  • Karma: +10/-0
  • CloudMines.net GLD Pool
    • View Profile
    • CloudMines
Re: Will gold rise again?
« Reply #2 on: January 10, 2014, 08:51:30 AM »
Quote from: Noud92 on January 10, 2014, 08:08:45 AM


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.
Logged
GLD, LTC, and FRK Pools - CloudMines new cloud based network of server pools.
GoldCoin Pool - LiteCoin Pool - Franko Pool

Offline Noud92

  • Newbie
  • *
  • Posts: 6
  • Karma: +0/-0
    • View Profile
Re: Will gold rise again?
« Reply #3 on: January 13, 2014, 04:15:29 AM »
But why is it so low?


Too little attention?
Many miners who dump?
Logged

Zeuxis

  • Guest
Re: Will gold rise again?
« Reply #4 on: January 13, 2014, 05:28:36 AM »
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
Logged

Offline psionin

  • Gold Miner
  • ****
  • Posts: 103
  • Karma: +10/-0
    • View Profile
Re: Will gold rise again?
« Reply #5 on: January 13, 2014, 05:48:12 AM »
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), 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?
Logged

Offline AZIZ1977

  • Gold Miner
  • ****
  • Posts: 573
  • Karma: +25/-0
    • View Profile
Re: Will gold rise again?
« Reply #6 on: January 13, 2014, 05:57:53 AM »
Quote from: Noud92 on January 13, 2014, 04:15:29 AM
But why is it so low?


Too little attention?
Many miners who dump?

Too many new coins.
Logged
GLD: DvCsNBJowwzManPa6YSMsNFanFXMxqgFuk
BTC: 16F9CkTbDAAa76EzpqhEhQsRP93Gn49GpW

Offline MicroGuy

  • System Admin
  • *****
  • Posts: 3471
  • Karma: +47/-0
  • "Shoot for the Stars!"
    • View Profile
    • MicroGuy.com
Re: Will gold rise again?
« Reply #7 on: January 13, 2014, 07:01:59 AM »
Quote from: Noud92 on January 13, 2014, 04:15:29 AM
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."
Logged
"The heart of any cryptocurrency can be found in the spirit of its community."

Offline CircuitSix

  • Gold Miner
  • ****
  • Posts: 167
  • Karma: +10/-0
  • CloudMines.net GLD Pool
    • View Profile
    • CloudMines
Re: Will gold rise again?
« Reply #8 on: January 13, 2014, 08:18:12 AM »
Quote from: MicroGuy on January 13, 2014, 07:01:59 AM
Quote from: Noud92 on January 13, 2014, 04:15:29 AM
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
Logged
GLD, LTC, and FRK Pools - CloudMines new cloud based network of server pools.
GoldCoin Pool - LiteCoin Pool - Franko Pool

Offline coinman1980

  • Newbie
  • *
  • Posts: 15
  • Karma: +6/-0
    • View Profile
Re: Will gold rise again?
« Reply #9 on: January 13, 2014, 05:37:50 PM »
Goldcoin going to $1.80 minimum on next bitcoin new high.
Logged

Zeuxis

  • Guest
Re: Will gold rise again?
« Reply #10 on: January 14, 2014, 03:29:59 AM »
0.18$ in the first time be nice....
Logged

Offline MicroGuy

  • System Admin
  • *****
  • Posts: 3471
  • Karma: +47/-0
  • "Shoot for the Stars!"
    • View Profile
    • MicroGuy.com
Re: Will gold rise again?
« Reply #11 on: January 14, 2014, 10:14:18 AM »
Quote from: coinman1980 on January 13, 2014, 05:37:50 PM
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!
Logged
"The heart of any cryptocurrency can be found in the spirit of its community."

Offline agnusnatum

  • Prospector
  • ***
  • Posts: 87
  • Karma: +10/-0
  • Judge a man not by his answers, but his questions
    • View Profile
Re: Will gold rise again?
« Reply #12 on: January 14, 2014, 03:34:34 PM »
With you all the way Microguy, massively undervalued right now

Sent on the move
Logged
EEBrsB3tYxGWUPjfddZFZvCRFuNi66E2rN - GLD
LQFCRQEL83frKRwVSYAKUift5nvjbfGeQv - LTC

Offline georgem

  • Newbie
  • *
  • Posts: 8
  • Karma: +2/-0
    • View Profile
Re: Will gold rise again?
« Reply #13 on: May 04, 2014, 12:40:47 PM »
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.
Logged
EEc2GJGLA6hDfUPvad6Jk6opNGDeDQFhR6

Offline Viscis

  • Prospector
  • ***
  • Posts: 50
  • Karma: +6/-0
  • Programmer, Enthusiast, Organiser
    • View Profile
    • GoldCoin Discussion!
Re: Will gold rise again?
« Reply #14 on: May 05, 2014, 09:18:57 AM »
Goldcoin fluctuates to lows and highs but from my experience always recovers with slightly more growth.
Logged
GoldCoin: E4DhKLSjtgTkunKN7nx9Cb2nJ49uf55puy
Pages: [1] 2
« previous next »