Bitcoin Forum

I am going to issue a coin that can only be mined with a graphics card, No ASIC.which will be forked from Ethereum.
The total supply is 210 billion.  block time will be 5s,for more efficiency.
and 1% will be premined for #airdrop and promotions,and will be unlocked in 10 years.
I am going to follow the Dogecoin route, start fairly, have no profit goals, and operate at will. The success or failure lies entirely with the miners. In order to lower the mining threshold, ASIC mining is prohibited in the algorithm.
maybe I will name it as Shitcoin-SHIT.
Do you have any more good ideas?

Looks like your coin will combine the best features of Bitcoin, Doge and ERC20 tokens. What's about making transaction free?

We are all anticipating for a coin whose project will be to reduce the high gas fee of etherium. Will your coin fit into this match? Different projects has emerged lately. And more are yet to surface. But doing a meme coin like dogecoin will solve a huge project in the crypto industry as a whole limiting the high charges for transacting coins

I hope it will be mineable with an average GPU and consumes less power than ETH. And provide some one click mine (OCM) tool like Vertcoin.

Yes I have a very good idea for you, and that is to stop launching your shitcoin, this is not 2015 anymore, where you can launch a coin and investors are going to hurry to buy your coin if your coin does not have something to offer to the community and will just become a pump and dump, people are just going to ignore it, and if you are going to launch crowdfunding, you will be tagged, as your shitcoin will just become a vehicle to collect money.

There's already enough of them in the market; do we really need another one?  ;D

So far there are no free transactions even though in the past there have been free transactions on the Tron network by sending Tron tokens to Tron and USDT tokens via the TRC20 network.

You are someone who has a lot of time to do pointless tricks like this, but the name shitcoin is a good name and surely many people will buy it because of the name :)

Nowadays the name of the coin doesn't really matter anymore. the right thing is the support from countless investors that willing to invest in your project. Also from the companies that will put their reserved budget in the coin that you are about to make and that's all possible if you have some reasonable road map to let them believe what you gonna do and it should be unique as well that the kind of innovation that has not been yet published by some old project. If you just copycat some idea from other projects, then consider your project already 50% dead.

As long as that's not having big premined supply and it will be using fair distribution and that should not be a big problem.
Is that mean you wanna implement asic resistance in your coin? Im not sure what will make people interested to buy your token other than to be used as speculation purpose.
There are lots of meme coin these days like dogefi, shiba inu and many more.

You might come into a problem listing it with coinmarketcap.  ;D
https://coinmarketcap.com/alexandria/glossary/shitcoin

Use a unique one. Something that will make them shit themselves just by looking at the ticker.
Poopcoin is also taken.
Check here. https://www.wordhippo.com/what-is/another-word-for/shit.html
They provide a list of a better name for your idea.

I think what you are proposing is good if you can provide benefits to token holders later. I support what you want to do because your goal is to develop a virtual currency

<sarcasm> What a fresh, brilliant idea </sarcasm> You might be a few years late, shitcoin creation craze is over (well, almost). Now, if you do it - how exactly you will make it appear on exchanges, coinmarketcap etc? These things aren't free, you know, and chances of just another shitcoin of getting listed are pretty slim.

Tbh doge is enough. We don't need any new meme coin anymore. If you you look backwards, we already have many shitcoins launched and most of all is just waste of energy. If you have ability to create something new, please create something that may solved people problems nowadays, high gas fee, low tps, slow transaction etc. Of you don't want it to be a profitable project, then make it looks like stellar.

Hahahah,thanks for your opinion.we will think about it.

I do not think the transaction fee is a problem,the total supply is 210 billion,that makes the value of every shitcoin will be very cheap.but the efficiency is a problem,that's the most important issue .what do u think?

One Click Mine is doable.just need some time. :D

yep,I agree with your '50% dead' opinion,this coin will depend on the community,we just publish it on github. which will be develop in the future?we don't know,and there may will be some of shitcoin which premined for the future developers,and as I said,just a joke coin,we will suggest all investors do not invest too much on it on our official web,just mine it as for fun or whatever.
why so serious  ;D

That would look like embezzling Musk’s name to make money.we don't want it.

transaction fee is not a problem I think.because of the total supply is 210 billion,do u agree?

What will this coin represent? What role will it play in the network? I understand you want to create it as an alternative to dogecoin?

a new shit coin? we don't really need it, the market is already full of it, obviously with a supply of 210 billion its value on the market will never rise, then why can it only be mined with gpu? even better also with cpu perhaps with incentives such as staking to attract investors, buyers and perhaps without fees for transfers and with the characteristics of doge and erc20 tokens, is so insignificant, in the standard that it could even work and be successful, try and keep us updated

Is it really a joke? or you are dead serious to launch it, If yes then you should launch it immediately when the market for meme coin is hot and burning, and let's see how it will perform. shitcoin name is already taken so I have a good suggestion you can name it a Bull**** coin or Ass*** coin those names incorporate how shit it is. Just my opinion bro don't take it seriously;D

to be honest when I read the title of your thread for the first time, I immediately underestimated it and wanted to laugh at it, but when reading the description, you not only want to make coins with funny / joke names but also with plans and ideas that I think are pretty good, I support your idea

Wait! Did you just said that the success or failure lies entirely with miners? That's absolute zero mate, miners are now smart unlike past years where people easily turn their hashrates to new altcoins, today if the alt isn't that promising only stupid people will mine

no no, it looks like you are in the right place let's see the progress but I doubt whether it will survive or get hype at first because maybe many have used that method, comunity will help your project grow even if your project look not good, but the hype will not last for long time. ;D

It will be the same as another garbage coin and that coin will have no role in the market.
It will not become an alternative coin for doge coin. I should remind you that there are lots of people created shit scam coin that was using the popularity of doge coin.
Any garbage coins will give nothing to the market.

At least the name of the coin is honest, I see all kind of names for coins when we know that all of those coins are shitcoins, so at least this coin will have that going on for it, however I agree that we do not really need yet another coin like this, we already have Doge and it is doing a great job already, however this is going to be impossible to stop because as we know anyone can release their own coins if they want and even way back in the day satoshi knew the market will get filled with shitcoins given enough time.

It's true, Hype will not last long because Hype is not created by an official community, so its durability will not last long, and this is certainly different from full community support for the project, so that the product value of the project can always survive in the market.

hype or what ever it called only just to attract new buyer come to cryptocurrency, and if we as this new buyer didnt understand the fundamental behind the project i am sure we will get rekt . look at doge as simple example , much investors buying in the peak and maybe some of them cutloss and suffer lot loss. we have to understand is this hype move parallel with lastest fundamental in project.

Only fool people who will invest in something like this. At present, a newbie is smart enough to learn basic knowledge about trading/cryptos. Only the owner of the shitcoin will suffer.
It will not last for a longer time. They will only waste time and money developing a shitcoin like this.

I thought the name shit coin was already take a while back, or was it just a project that never materialised? There are already plenty of fun coins out there, so why not another one. Since you will be the king of shit coins, how about you give some of your starting coins to fellow bitcointalk members? You could make a few giveaways here.

a new breakthrough so that it can make a difference
I will follow this flow and want to share the project and work together for progress together..

Yes, new breakthroughs really need to be tried because so that we can find out what kind of differences,
but we also need to analyze them first before deciding to try them.