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Here is easier way. You told us your BTC adress, we all pay to your, and you become rich. How do you think?

Well i want this coin to setup a NGO with the profit! And yeah also for personal financial benefits! So that i can fully focus on the NGO!
I also consider to do fundraising!

you would be better off working with someone that runs an existing coin that way you can help contribute without making another coin 

I like the idea, but the coins should start in my wallet and I will sell them to you and then you can sell them to everybody.

I like this idea!!!

Where is the wallet?

This is not the coin you are looking for. ::)

Jeez, now every bum wants to have his own coin.. Here's the deal: go mine some coins for like 6+ months, then trade a bit and then when you learn something about alts try to make your own coin.

No? Need money now?

Get a job you asshole!

 :-*

Well its a nice proposal! But i'm really searching for someone that can make something more professional then what coingen.io does!
But i get the feeling people are not gonna be so happy with a not minable coin?

Can someone tell me what are the good things and what are the bad things of non minable coins?

No kidding? Wait a minute...

Are. You. Serious?

I was shocked when I heard about the rumors of killing the alt-coin section. I'm slowly changing my mind, and these kind of posts is just accelerating it. Even reading the names of the 93524 shitcoins pending in the coingen list wasn't as hard as reading this kind of posts.

Hint: get some paper and a printer, and create bank notes. Then try to sell it on eBay, on the streets, use it at Walmart... (face palm)

@OP: sorry about the offense. You can look at my history, very few of my posts are actually offensive. I try to stay educational when I sense good faith, and while I'm questioning yours, I must say that I *fear* it's good faith.

So I will try to say it without it being an insult: why would people buy you any coins in the first place?

People would buy my coin because they think it is gonna rise in value!
I think having a lot of technical knowledge doesn't let you think to much outside of the box anymore!
And thats something i always try to do!
Just creating the same thing as bitcoin will not be intresting!
What will help my future coin rise in value is:
-A nice profesional looking website
-The fact that its not a mineable coin
-And my knowledge of seo and website promotion
-the fact i will have a good developer working on my coin!
-And many of my out of the box ideas!

I don't think the investors of Vertcoin are very angry today! ;)

http://www.marinecoin.org/

Make something like this! It is a very succesfull project with a really striking idea behind it. It is very similar to your idea. 97.2% of all the coins is held by the Dev that sells them and the rest will be mined within the next 100 years. So basically you get the coins and the miners get to mine.

What do you think?

 :-*

Well, after all, you're right: it's a free market.

Why don't you just ask for a "100% pre-mine" option to coingen, maybe there are other bold entrepreneurs here who don't want miners to get any coins!

Then, let's the market decide ;D

PS: what the heck is Vertcoin?

we already have a "premine"!  ::)

https://bitcointalk.org/index.php?topic=427519.0

 Ripples, nxt, mastercoin are also not minable coins right?

Correct. Although NXT is 'diggable', but with pure PoS it just means an insane interest rate for the richest, and nothing for those who have nothing in the first place. Kind of fiat 2.0 without the FRB bomb maybe?

Mastercoin, though not minable per se, is not really a coin of its own, but a extra layer over the existing BTC block chain.

Ripple is not minable, but it's quite innovative in itself. Besides, the XRP in your Ripple account are not supposed to be your "Ripple wealth", theoretically you only need a few to push your trust lines to the ledger, and then work with any currency that you like (through IOUs of course, this is Ripple). Some Bitcoiners hate it mostly because of the proprietary stuff in it and it's bond with Ripple Inc, a for-profit corporation.

tl;dr: you'll have to be really innovative if you want success with a non-minable coin.

So you would suggest in case i create a coin to create a minable coin? And what is a reasonable premine or shouldn't there be any premine done?

Interest in Nxt is the same for everyone (x%). Next time read more before black marketing ;)

Here is a solution:


I don't know a lot but this must be something like that.

Aren't NGO's non-profit organizations?

Yeah right. I am an evil Member of the Bitcoin Foundation. Obviously I'm just pushing my agenda, and my statement was misleading indeed. I stand corrected, and I'm rephrasing:

"Although NXT is 'diggable', but with pure PoS it just means an insane interest rate for the richest, and nothing for those who have nothing in the first place. Kind of fiat 2.0 without the FRB bomb maybe?"

Better so? :P

Thats true! But that doesn't mean an NGO works only with volunteers!
I would need to pay a decent loan to workers for my NGO here in Colombia (the country)
Ofcourse if i do very good i will also keep some profit for myself!
80% for the NGO
20% for me
OR
90% for the NGO
10% for me

Ok it makes people mad that i want to create a coin that is not minable!
I think it would only be more hard to get it on the market and to make it raise in price!

But i think most people that starts a coin do it for a small profit!
That means they did some pre mining!
Then my question is what is a reasonable premining?

WTB 1 million jootjejodelcoin. pm me with offers

1 JJC = 1 BTC

you can deposit here:
1MQPAjekTwXeeEzU7WuKQ1yFC22rLdRQZ3

But serious how what is a normal acceptable % to premine?

Please people!

What is a acceptable percentage to premine?

0% -1% depending on howlong it would take the users to mine the same amount of coins

i cannot stop laughing.. so funny - love you lol

I think you would do better with
100% for the NGO
NGO gives you a job at a reasonable wage.

Have you looked at Worldcoin? Why not go and work for them?

shame on you man... as a fellow dutch guy ( at least by your name i think youre dutch) im ashamed of you man....literaly asking people to create a coin... where you can get profit out.... thats really out of the box nowadays indeed! Premine? if its spend in a good way... yes... but this is just a fucking joke....

sweet dreams boy! :-*

No, our suggestion is that you don't create a coin at all until you have more knowledge

If there is no mining, then you don't need mining-wallets.

If you are just selling "virtual currency", and limiting yourself, "so you say", to x-coins... First, you need proof of that claim, which you can be held accountable for. Second, how could anyone sell them, if you also sell them. They would have to sell for a loss, to under-cut you. (That would also promote theft, more than honest sales.) If you are just "selling" then that is 100% income, and you can be sure that you will have to pay a heavy tax on that. Not to mention, ensuring that you are not collecting money from illegal activities, backed-up with proof. (That requires you to register as a money broker.)

Why would anyone want to "buy" your coin, when they could just use a dollar? The value will never go up. That would make them "shares", and them "Share holders", and you a "Share provider". That is a whole other ball-game. You would have to actually offer to "buy back", your own shares, and offer refunds, and accept losses yourself. (As opposed to throwing the loss on those currently holding your coins, by raising your value to sell the coin, or by devaluing their held coins.)

Since this is neither an "alt-coin" or a "bit-coin", but just another "virtual currency"... I believe this topic should be moved to "off topic".

Without people mining, you have no network to distribute your coins. Everyone isn't just going to leave their wallets open, and HOPE that you are running machines to handle all the transactions yourself.

You have to create a remarkable coin, at the very least (that may not even be enough), and do some research as rednalexa said above. Additionally, yes, I believe it has to be minable or at least with a "land rush" mechanism to distribute the money supply as cleverly as possible.

Selling a coin whose only purpose is to make you and *only* you insanely rich is quite unattractive to others. I would obviously (!) not advise doing this but even a classic Ponzi scheme is much more attractive actually ::)

Amusingly, minable in French means pitiful. If your coin is just a copy of a copy of a copy, that's what it will be...

I like this idea!  :)

you probably need to hire a programmer to code your own altcoin @OP

Please release this coin soon. I want to send you two Bitcoins for 200,000. Then I can sell them for 4 Bitcoins and make a profit. Heck, I'll give you 4 Bitcoins for 400,000 so that I can sell them for 8 Bitcoins. Just hope it makes it to an exchange soon.

We think that you are exploring a whole new level of stupidity.