Bitcoin Forum

Hello Everyone,

I am a basic guy with limited programming skills. and I want to start a new cryptocurrency.

I know a lot of people who reading this right now will say, oh there is more kids wanna create a new cryptocurrency,
but let me go straight, it's new concept and unfortunately forking/cloning other cryptocurrency doesn't enough. and because I believe in the concept
and am sure other will do,

To make real, it needs a high level of blockchain developers/community.

so what if I started a website/github for the coin and I published the concept to let the community develop and improve the concept, is that work?

what is your advice to move forward?

see nobody cares?

You got that ICO fever ah? Already see dem lambos ah  ;D ;D ;D ;D ;D ;D

Nobody will waste time teaching you this here. You must study it's the least thing you can do

 ;D maybe who knows, I thought bitcointalk mean people talk to each other and help to make a better world for everyone.
 

If by making the world a better place you mean making the people on bitcointalk rich I am sure you will find those! ;)

Yes that's what I am talking about, and that's why I am here in first place. Believe me when I say that the concept will fix our society and improve people lives.

It may be possible out there are capable programmers to work on a unique concept even for free.

But before you expose some of your ideas nobody can make a move.

Give people here something to read and dream on.

As about Bitcointalk  this forum is just that most of times.
We all have various motives to post but very little motive to read what others writing .. (* 5% sarcasm *)

Have a nice day all and welcome in the forum cmdcoin  ;D

Thank you for your kindness response,

I like to share knowledge,
First of all cmdcoin is just a username, and not reflect anything.
As we all know, nowdays money control people lives,
Imagine if we control the money, how ?

With creating a cryptocurrency with rules which benefit the whole buyers and sellers at same time.

Forex and stock market and even cryptourrencies exchange platforms are all based in same method,
The prices move depending on who is willing to buy and willing to sell, I guess everyone one here know this basic,

I will give an example, imagine a coin with a circulation supply of 1000 coin and I bought the whole supply with 1k USD which means each coin = 1usd, and I am the only seller for this coin, but I bought it with rules(smart algorithm) which I accept to sell this coin at fixed 1x profits, so imagine a buyer who is willing to buy from me at this price and go through same agreement as me.
In this case I would earn profits and he will also sell it and earn profits, so everyone who is investing in currency he is going to earn profits.
There is other rules to make it a really ideal for real world uses.

If you think is good enough I can. Move Forward with all other rules

Send me your skype id man, I might be able to help you.

I sent you pm

Go back to school Kid, and learn something !

:P

He can hire someone. What's the purpose? ICO or scam money?

You can create your own coin at minimal cost. Just "tokenized" it, its only 1 wave token to create in waves platform in my opinion. Or, you can used the ETHereum platform, since many popular ICO's comes here. Good luck. :)

This is not ICO, you can say it's eco circle of money. Eventually it will reach a stage where it's stable.
As I said it must be based on rules. I just said one rule.

Thanks

Time is valuable my friend. Share your knowledge or just ignore the topic.

Isn't this the same basic principle of a pyramid scheme?

Person A buys x amount to sell on > Person B buys x amount to sell on > Person C buys x amount to sell on > Nobody wants to buy at Person Cs price > whole pyramid collapses.

Yes it is.



OP should think long and hard about what he wishes to accomplish, and what his coin will offer that others don't.
Seeing how he has limited programming skills, he should extend them by studying & contributing to existing projects.

lemme correct you
see, nobody cares.

you think your cryptocurrencies killer could kill cryptocurrencies??  ;D

you can't buy the supply, flawed premise

Marketeer here, if you want to share your concept with me I can help you bring it to the masses.

Yes! Lets make another shitcoin! Not enough in existence already!

Well you forgot to tell us your budget,this is the one that will make your plan or dream possible if you do not have this ,then you can just go on dreaming your killer crypto currency.

If you will start opensource project that will bring something on Crypto table, you will get helpers fast. You have great example at Bitcoin. Or Monero. Just look at projects and learn how they organized themself. Without any money.

Opensource crypto killer ....  Nice ... 

I understand that it's not generic concept,
It should be based on selling and buying stages ,  

First stage : buyers will buy x amount at fixed price,
And they will wait until the whole supply is sold,
Second stage : who bought his x amount first he will sell sell it first to new buyers, and no one have the right to hold his coin but ofcourse every one can spend his coin (smart wallet and exchange platform should fix this issue)
Eventually the coin will reach a huge amount(cap) where it takes months or maybe years to move from stage to stage ,
But this also means it will become a stable currency (think of it as saving account)
Nowdays there is bitcoin but in real world no one sell stuff by bitcoin , a lot of shops and stores no one accept bitcoin, because it's not stable enough (I know it's growing fast but can't handle the real world uses)

My point when a currency reach a stable period where we know where the price is heading in future,

A lot of trader and stores will price their products and items at fixed stable price, so people around the world can exchange real life products with peace of mind, and no need for a Fiat currency anymore,

My whole concept is we control the money how it works , not the opposite.

Please correct me if am wrong, I will be happy to hear your opinions

  

The reason of money exsit is to exchange items between people,
This currency should give people the ability to have a stable wallet where it can provide them a basic income,
And also provide a real life trader the ability to exchange items : example :
An automotive manfuctarer who sell cars, can have a fixed price globally and be able to receive his payment without caring about losing the value for his product.

So when everyone trade and buy this currency, eventually people will notice that we don't need a Fiat currencies anymore.

We live in eco circle, and money is also a circle, government give social benefits to the people from the taxes.. and people will spend social  benefit in real life items, where it will return to the taxes box :)

İt will be very interesting, it must be a opensource, I want people here to think out of box, and improve the concept,

I believe in concept , because I don't trust with our current monetary system, let's make the people control their lives,

You can say we are creating a way of sharing values around the world.

Hi
Take a look at my replys, and I will be happy to share more deep details or informations.

And also we should work on bringing most advance features to it. (Smart contract, pay as you go, no transcation fee, etc).

Please if anyone thinks the concept is false, don't hesitate to tell me about the issues and I will be happy go through each one..

It's still a pyramid scheme.

Hi reids,

Maybe, think of it as a circle scheme.
İt's currency with conditions and terms to use(smart algorithm).

İt gives rights to all buyers and sellers, maybe you misunderstand the concept..
İf me and you bought this coin, and put it in our wallet then it will automatically be available to sell on smart exchange platform, where buyers come and buy it.
Eventually me and you will earn profits and we will back again to invest , I think this concept can reach trillion market cap easy. Do you think so?

Banks give interest 2% to 4% for a saving account, but this coin will give all people 100% interest on unknown time period, ( we can improve this by customizing interest rates from stage to stage)

What happens when it reaches the point where nobody wants to buy it? The people left holding it are out of pocket whilst everyone below has profited.

nice question/concern!

when it reach that this point means now its stable currency, and people can send it to each other use it in real life,
but we all live in a circle, our economy is growing so fast I think the community and people around the world will keep buying until no one on the earth will have a fiat currency and all of us will just have digital currency, and use it as a stable one world currency to exchange items and products to start a new era of civilisation.

so when it reaches the stable point where nobody will buy it from foreign currencies, that will be a good thing, because the people trade products and transfer value between each other at resources based economy on the planet.

I will give a very simple example for a small scale to understand my point:
let's say there is only ten person who uses this currency and all of them have shares(x amount), and no new buyers,
-if they smart enough they built their private economy between each other,
if not they will just say this is useless currency, (unfortunately they don't see what is out of the box, because they have the power to trade anything between them at no cost under authorities).
now imagine if all the manufacturers and farmers and suppliers and services providers, doctors, and every industrials sector and people around the world have same currency... so they can fill the circle and build resources based economy on the planet. its eco system  :)
 
but according to the forex market. there was no slowing down, and I think the same will be in cryptocurrency .

I hope you got my point>  sorry for my bad English.

So it starts off a pyramid scheme and it ends up like any other crypto (what you've described about the private economy is literally like every other currency system around, both fiat and crypto)?

no it will not end as fiat currency or other crypto currency,
I said private economy just in small scale.. but this will lead us to a opened public economy for everyone
everybody use it and have a stable value equally to our planet resources (from materials to services), we will be free from governments and all of people who use it will earn a basic income basic based on the earth resource and productions>> we will be able to earn profits from machines ( mean the more we move to automation world and people lose their jobs for the machine = the more we earn profits as human from machine because will be more products more services more items more consuming more market cap)

Some of the best crypto developers in the world have not been able to solve all the problems (speed, scalable, decentalized, secure, immutable are just a few of the core requirements of any crypto "killer") with crypto currencies so someone with limited programming skills certainly isn't going to do it. Sorry, but that's just the plain truth.

PMC ---> PyramidCoin

100% agree, and I didn't say that I want to create it by myself, I am asking everyone to take a look at the concept and discuss if it will work or not, I want the community to build it not just me. am just trying to say what I have in my mind and share it with others..
people always have the power, I think we should start from now developing our economy.
every cryptocurrency have pros and cons, but I am talking about different economy based currency, you can't label it as a crypto, you can say:
today cryptocurrencies are just a CMD,
and I am asking the community to build a GUI, to control our lives as we control with the technology nowadays.
imagine OS with rules for its users where there are roots no one can touch it..

sure we are heading where the machines are the only one whose earn profits, then do you think our current currencies or crypto will make sense?

we should be smart enough to start building  an economy which could handle these issue

what if the whole money around the world are in one box where all people use it for everything. think of it for a moment,
you can say that the movement of the money it's always inside the box like a circle no matter what the people do..

now we have renewable energy, automation cars, automation production lines, we have passive income from machines for almost at zero cost, and when you take at the economy of the machine inside the one box, I am sure the amount will more than 60% from machines.

In the feudal age the fabric factories, there was a thousand of workers who work inside the fabric factory,
while nowadays almost 90% machine who make the job done..

First step, compile Bitcoin and Litecoin from source.  Ideally, do this on both a Unix and a Windows box.  No code changes, just take the code and compile it, follow the directions. 

Did you read my replies?

Come up with some great ideas and present them. If you make a coin, do a NEM style stake distribution and not an ICO.  Distribute stakes for no cost, keep 5-10% for yourself, and if your efforts pay off the coin will go up in value.

There's already lots of great projects out there so you have your work cut out for you.

Some unique ones... xtrabytes... static nodes that each verify the transaction

PascalCoin... accounts and blockchain trim which allows a manageable blockchain size

Bitbay... using the blockchain to auction and sell items

Ardor... based off NXT, developing tech called "child chains" that allow better scalability. Offers tokens like ETH.

NEM... written from scratch, though also inspired by NXT, developing a scalable blockchain tech known as "mijin" which could eventually be the next big thing. This platform is fairly mature.

Syscoin... also has a version of blockchain trim tech, along with a number of other things. Been under steady development for some time now. Fairly mature compared to a lot of platforms out there.

Then there's coins that offer decentralized storage, VPNs, tons that offer smart contracts, etc. etc. etc.

How will your coin stand out?   Ultimately working on scalability first I believe is the best idea... but I don't know what you could bring to the table that's not already here. Maybe join an existing project.

Thank you for this useful information, right now I am just discussing the idea, to let the community decide and see if it will bring something new to the crypto table, otherwise no need start a new cryptocurrency,
Did you see my latest replies? please read them and tell me if you think that the concept is worth the time,
looking forward to hear from you.

They can be confusing, but understand that it is simply a matter of making sure that the system has the needed dependencies in the right place and some of those dependencies have some needs of their own.

If you are following a step by step from the internet or here, learn to read the errors that the system gives you and modify to fix them.  Older tutorials have lines that refer to the software at the time.  If you are going to code a coin, then realizing that when the command line spits back that X 8.0 is not installed and you just installed X 10.0, then you change the line that referred to the old version. 

Then, do each coin again, with the changes that you need to make a new coin.  Then, do it again and then once more on two more machines with the same oS but different resources.  Then, take 14 deep breaths and go from there.