Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: deuscoin on September 06, 2014, 05:48:30 PM



Title: I'm working on a new coin. How do I release it properly?
Post by: deuscoin on September 06, 2014, 05:48:30 PM
I've been working on a new coin and I'll be releasing it in a few weeks most likely, but i want to know how to release it properly. People complain about ninja launches, etc., but what's the proper method for releasing a coin?


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: Mightycoin on September 06, 2014, 06:29:14 PM
I've been working on a new coin and I'll be releasing it in a few weeks most likely, but i want to know how to release it properly. People complain about ninja launches, etc., but what's the proper method for releasing a coin?
If you are too naive on these things like releasing how have you even managed to develop a coin then?


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: deuscoin on September 06, 2014, 06:30:43 PM
I've been working on a new coin and I'll be releasing it in a few weeks most likely, but i want to know how to release it properly. People complain about ninja launches, etc., but what's the proper method for releasing a coin?
If you are too naive on these things like releasing how have you even managed to develop a coin then?

Please stay on topic.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: amacar on September 06, 2014, 06:37:17 PM
You need to make announcement thread so people can see about what is coin.
Then you need to advertise about coin launch (it is best if you have a few PR guys who knows something about making buzz).
Anyway all these things won't help you if coin is just a clone, without something really unique, cause in best scenario coin will become pump and dump, but in worst it will die within few weeks.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: asdf_files on September 06, 2014, 06:40:24 PM
Will it be new source or copy paste ?


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: coinsolidation on September 06, 2014, 06:45:38 PM
I've been working on a new coin and I'll be releasing it in a few weeks most likely, but i want to know how to release it properly. People complain about ninja launches, etc., but what's the proper method for releasing a coin?

With threads like this.

Start discussing your needs, asking questions, start forming a community, when you need to centralize conversation then start an announcement and continue discussion. Everything will flow naturally from there.

It is not so hard, you've started well.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: ProGamer on September 06, 2014, 07:59:24 PM
25% premine for yourself is a must! but only state it's a 5% premine. Do not have all the features in at once. Pretend to "develop" them over time to pump the price and dump your premine.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: rikkejohn on September 06, 2014, 11:10:30 PM
25% premine for yourself is a must! but only state it's a 5% premine. Do not have all the features in at once. Pretend to "develop" them over time to pump the price and dump your premine.

talk about it like it is about to be floated on the stock exchange, and grab a shill with a made-up past and the ability to read and recite from an A-Z of Economics to help pull in the punters.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: madmartyk on September 07, 2014, 12:19:32 AM
Don't forget the IPO. Raise 1000 BTC and go on a nice vacation!!!


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: deuscoin on September 17, 2014, 04:18:00 PM
In case you're too naive, premine can be discovered very easily through a block explorer, so your notion that you could claim it's only 5% while premining 25% is bogus. I've never seen an IPO or an ICO raise 1,000 Bitcoin and I seriously doubt that will ever happen. Once again, stay on topic and don't be rude. I asked a legitimate question and I expect legitimate answers.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: nextgencoin on September 17, 2014, 04:40:51 PM
It would release it to yourself in the privacy of your own bedroom.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: NeuroticFish on September 17, 2014, 04:44:10 PM
Make sure the wallet start on all big OSes.
Make sure the miner starts on all big OSes.
Talk with pools to get accepted, if needed make a pool for the first few days.

...And obviously make a big announcement about the launch time.
Make sure the launch time suits well most of people around here, not only you.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: rockyforever on September 17, 2014, 04:50:20 PM
In case you're too naive, premine can be discovered very easily through a block explorer, so your notion that you could claim it's only 5% while premining 25% is bogus. I've never seen an IPO or an ICO raise 1,000 Bitcoin and I seriously doubt that will ever happen. Once again, stay on topic and don't be rude. I asked a legitimate question and I expect legitimate answers.

If you wanted a serious answer then research yourself. Stop telling people "to stay on topic" when your asking them to do all the research for you. If you can truly develope and release a coin then you should have done the work and created an outline from to start to finish - that includes releasing a coin.

Also low and behold there is a subsection right at the top that says "Annoucements." Read all those releases and responses to find out how to release a coin. Dang now I just pointed you (which was obvious) the steps to releasing a coin.

If you plan on releasing the coin under the name of your username I would rethink that name, delete your account and start over. This post alone will deter anyone from touching your coin.

You wanted people to stay "on topic," I did by giving you the hard truth. Hopefully lesson learned.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: Willisius on September 17, 2014, 05:08:50 PM
The most 'proper' way, IMO:

- Have the launch date announced beforehand.
- Make the first blocks a higher difficulty than usual (or instamines)
- Don't call it revolutionary or innovative if it's not
- Be prepared for pump/dump people pretending to like your coin at first
- Don't do an ICO or you'll have 100% pump-and-dumpers having your coins
- If the point of this coin is to generate profit for you, that's called a scamcoin.


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: Momimaus on September 17, 2014, 05:53:11 PM

Just open a command window and type in: "Format C:"


Title: Re: I'm working on a new coin. How do I release it properly?
Post by: var53 on September 17, 2014, 06:14:32 PM

I've never seen an IPO or an ICO raise 1,000 Bitcoin and I seriously doubt that will ever happen.


Ethereum raised more than 1000 Bitcoins, and so did Syscoin. Check out the quote below.


To be clear we do not have the 1500btc from the presale


Moolah, the Syscoin escrow agent still holds most of the 1500 IPO Bitcoins.