Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Solidsmart on October 28, 2014, 07:45:47 PM



Title: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 28, 2014, 07:45:47 PM
There is coincreator.net/
 it creates automaticly, is that good for making some quick money?


Title: Re: Would a Litecoin clone with premine bring money?
Post by: HotHamHock on October 28, 2014, 07:49:26 PM
its good for loosing the money with the quickness.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 28, 2014, 07:51:09 PM
its good for loosing the money with the quickness.
why, i mean somebody would mine,or?


Title: Re: Would a Litecoin clone with premine bring money?
Post by: BallOOner on October 28, 2014, 07:55:00 PM
its good for loosing the money with the quickness.
why, i mean somebody would mine,or?

miners are desperate now. They will mine whatever new coin there is and hope it will be profitable ;D


Title: Re: Would a Litecoin clone with premine bring money?
Post by: MegaHustlr on October 28, 2014, 07:57:41 PM
Not a single investor/buyer would join in the 'scam'' as they would notice the hige premine and ignore it. Better off thinking of a new concept and releasing it after developing well,


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 28, 2014, 07:57:50 PM
its good for loosing the money with the quickness.
why, i mean somebody would mine,or?

miners are desperate now. They will mine whatever new coin there is and hope it will be profitable ;D
then there is chance to make some money:)
Just create shitcoin, and present


Title: Re: Would a Litecoin clone with premine bring money?
Post by: HotHamHock on October 28, 2014, 08:01:02 PM
its good for loosing the money with the quickness.
why, i mean somebody would mine,or?

miners are desperate now. They will mine whatever new coin there is and hope it will be profitable ;D
then there is chance to make some money:)
Just create shitcoin, and present

there are nearly 2000 coins from that site alone ...even more shitcoins out there than that. without anything to make it unique, nobody will care or waste time mining (or trading for) a clear scamcoin


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Spoetnik on October 28, 2014, 11:16:00 PM
It's been done.. a LOT !
and FTC / Feathercoin was in that idea early LOL


Title: Re: Would a Litecoin clone with premine bring money?
Post by: MarketTime on October 28, 2014, 11:37:22 PM
There is coincreator.net/
 it creates automaticly, is that good for making some quick money?

Nah, no body want premine coin nowadays..


Title: Re: Would a Litecoin clone with premine bring money?
Post by: erre on October 28, 2014, 11:41:37 PM
Miners are not a problem, but you need to pay a " fee" to an exchanger in order to have a chance that someone will but your coin


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Spoetnik on October 29, 2014, 01:56:06 AM
There is coincreator.net/
 it creates automaticly, is that good for making some quick money?

Nah, no body want premine coin nowadays..

only if they are 100% premined  ::)


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 11:07:35 AM
Miners are not a problem, but you need to pay a " fee" to an exchanger in order to have a chance that someone will but your coin
really, fee? how much is this?


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 11:22:08 AM
It's been done.. a LOT !
and FTC / Feathercoin was in that idea early LOL
but it was a success


Title: Re: Would a Litecoin clone with premine bring money?
Post by: kelsey on October 29, 2014, 11:35:52 AM
if it could there'd be hundreds of unwanted clone shitcoins already.....oh wait  :(


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 11:38:36 AM
if it could there'd be hundreds of unwanted clone shitcoins already.....oh wait  :(
how can one implement functions of other coins?just copy paste into the code?


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Snail2 on October 29, 2014, 12:08:58 PM
if it could there'd be hundreds of unwanted clone shitcoins already.....oh wait  :(
how can one implement functions of other coins?just copy paste into the code?

Basically yes, it could be simple copy paste. Even easier to pick up the source code of an existing, feature rich coin what looks the most appealing for you, rename it, change the images, maybe you will need a bit of tinkering with the emission rules and then you are ready to go :).


Title: Re: Would a Litecoin clone with premine bring money?
Post by: jawitech on October 29, 2014, 04:06:41 PM
Miners are not a problem, but you need to pay a " fee" to an exchanger in order to have a chance that someone will but your coin
really, fee? how much is this?

As far as I remember, I read that Bittrex charges a fee of 5 BTC unless they like your coin and add it for free.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 04:23:41 PM
Miners are not a problem, but you need to pay a " fee" to an exchanger in order to have a chance that someone will but your coin
really, fee? how much is this?

As far as I remember, I read that Bittrex charges a fee of 5 BTC unless they like your coin and add it for free.
really 5btc???
i thought that happens with votes??
like swisscex or cryptsy


Title: Re: Would a Litecoin clone with premine bring money?
Post by: erre on October 29, 2014, 05:11:12 PM
Yes, exchanger fees are the more pain-in-the-ass part of creating a new scamcoin. Cryptorush used to ask something like 0.5 btc, but now we all know why.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: defaced on October 29, 2014, 05:14:04 PM
looks like an advertisement post for that website.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: jawitech on October 29, 2014, 05:39:04 PM
Miners are not a problem, but you need to pay a " fee" to an exchanger in order to have a chance that someone will but your coin
really, fee? how much is this?

As far as I remember, I read that Bittrex charges a fee of 5 BTC unless they like your coin and add it for free.
really 5btc???
i thought that happens with votes??
like swisscex or cryptsy

That's the option I mean with "add for free". They have to make money, so they add popular coins for free...calling it "public demand" or interest. Coins that promise high trading volume don't have to pay a fee. But what new coin does have such a public interest, so they only get listed by paying.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 05:49:37 PM
Yes, exchanger fees are the more pain-in-the-ass part of creating a new scamcoin. Cryptorush used to ask something like 0.5 btc, but now we all know why.
but why there are votes, then the coin gets into exchange?


Title: Re: Would a Litecoin clone with premine bring money?
Post by: cassius69 on October 29, 2014, 05:53:56 PM
Yes, exchanger fees are the more pain-in-the-ass part of creating a new scamcoin. Cryptorush used to ask something like 0.5 btc, but now we all know why.
but why there are votes, then the coin gets into exchange?

bittrex takes bribes not votes  ;D


Title: Re: Would a Litecoin clone with premine bring money?
Post by: erre on October 29, 2014, 06:54:32 PM
Lol votes... do you think u're the first one that had the idea of creating a scamcoin? It's a business, and probably not a very profitable one nowdays. Too much clone scamcoins.

Better think about building an exchanger. All you need is user's trust, trusted exchangers are a rarity because manies turned out to be a scam.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 06:57:31 PM
Lol votes... do you think u're the first one that had the idea of creating a scamcoin? It's a business, and probably not a very profitable one nowdays. Too much clone scamcoins.

Better think about building an exchanger. All you need is user's trust, trusted exchangers are a rarity because manies turned out to be a scam.
you mean an exchange like bittrex?
i am not a programmer, so is there custom software to buy?


Title: Re: Would a Litecoin clone with premine bring money?
Post by: erre on October 29, 2014, 07:59:19 PM
Lol votes... do you think u're the first one that had the idea of creating a scamcoin? It's a business, and probably not a very profitable one nowdays. Too much clone scamcoins.

Better think about building an exchanger. All you need is user's trust, trusted exchangers are a rarity because manies turned out to be a scam.
you mean an exchange like bittrex?
i am not a programmer, so is there custom software to buy?

Somebody was selling a cryptsy clone on this forum the last week or so, and it could be something open-source on github, but if you want to setup an exchanger you need some technical skill I guess, or alternatively hire someone. Also clones tend to have all kind of problems if you have no minimal programming skills to fix them, as far as I know.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 09:17:25 PM
Lol votes... do you think u're the first one that had the idea of creating a scamcoin? It's a business, and probably not a very profitable one nowdays. Too much clone scamcoins.

Better think about building an exchanger. All you need is user's trust, trusted exchangers are a rarity because manies turned out to be a scam.
you mean an exchange like bittrex?
i am not a programmer, so is there custom software to buy?

Somebody was selling a cryptsy clone on this forum the last week or so, and it could be something open-source on github, but if you want to setup an exchanger you need some technical skill I guess, or alternatively hire someone. Also clones tend to have all kind of problems if you have no minimal programming skills to fix them, as far as I know.
no,exchange is nothing for me,i guess i need much money too.best is to create a coin


Title: Re: Would a Litecoin clone with premine bring money?
Post by: erre on October 29, 2014, 09:23:04 PM
If you don't have money, or skills, or an original idea... don't expect too much success.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 29, 2014, 11:40:44 PM
If you don't have money, or skills, or an original idea... don't expect too much success.
i think about setting a mining pool,maybe that brings money,or?
but dont know what needed,only have vps server


Title: Re: Would a Litecoin clone with premine bring money?
Post by: fran2k on October 30, 2014, 12:27:06 AM
For the site owner probably.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 30, 2014, 07:40:06 AM
For the site owner probably.
but i calculated at 5ghs pool hashrate it brings very less,if i have a mining pool.
with 1% mining fee


Title: Re: Would a Litecoin clone with premine bring money?
Post by: TheDragonSlayer on October 30, 2014, 01:26:25 PM
For the site owner probably.
but i calculated at 5ghs pool hashrate it brings very less,if i have a mining pool.
with 1% mining fee

Better then the miner itself, you don't have to pay electricity bills..


Title: Re: Would a Litecoin clone with premine bring money?
Post by: erre on October 30, 2014, 05:50:37 PM
You have to pay for the server. And a pool need continuous tweaking, expecially during the first - more profitable - time of a coin, or u'll end with less blocks and 0 miners even with 0% fee, let alone 1% or more.

Profitable only if you already have a server and have some skills related to web managing and mining.

I wish I could make some money on altcoins too, but my miner is unprofitable for my electricity cost nowdays, I don't have technical skills and I don't want to invest many, so.... I know i'm out of the game.


Title: Re: Would a Litecoin clone with premine bring money?
Post by: Solidsmart on October 31, 2014, 05:58:08 PM
You have to pay for the server. And a pool need continuous tweaking, expecially during the first - more profitable - time of a coin, or u'll end with less blocks and 0 miners even with 0% fee, let alone 1% or more.

Profitable only if you already have a server and have some skills related to web managing and mining.

I wish I could make some money on altcoins too, but my miner is unprofitable for my electricity cost nowdays, I don't have technical skills and I don't want to invest many, so.... I know i'm out of the game.
mine the new coins,with less difficulty