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And I'm not bouncing around with my philosophy.
I'm talking about 2 different coins. A pure charity coin: OrphanCoin, and then my coin, maybe CatholicCoin.
My personal coin I will spend time and money to develop while the charity coin I'll let destiny make it or break it, I have nothing to gain from an OrphanCoin and the only loss to me is the cost to launch it.
I'll leave orphan coin's success up to the community and God.
Funny, I wish I had that much faith in God for my own personal CatholicCoin. With my luck it would be ironic for the one I don't back up and don't work on to succeed and the one I put money and effort behind to fail miserably. That's kind of how life works in my world.
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Just a few questions because you're really bouncing around with your philosophy's.
First off, how will you get the money to launch your own coin, off a coin that you deem to have 100% of profits going to charity??? Are you the charity the money will be going towards?
Second. Even if someone launches a coin for you, how are you going to take care of it with no programming skills/background. How do you think you will gain people's trust in a coin that can easily be 51% attacked, because even if it did take off, people will know if they attack your coin, you will post an ad on here offering $30/hour to help you stop the attack. That and the fact there should be constant watching / innovation going on. How will you put in check points? or anything else that you need to do as a coin dev? Personally I hope you have luck trying, but I really think you should take the advice of others, and try to partner up with someone that has their own coin, but needs assistance getting it somewhere, or partner with a programmer and together launch a coin under the name of your choosing.
There is to much to take care of if you really want to be a developer of a coin that will rise above the thousands of other coins out there, and I think you're getting in over your head especially with your goals. Slow down, don't expect to become the next Jobs or Gates. Because they both have/had something you don't. And thats a total understanding of their product. Plus it took not 1 but 2 Steve's to get Apple where it is today.
I totally agree with and the only reason I'm rushing is because once Bitcoin gets an ETF there's going to be a mad rush for alt coins. So if I wait 6 months then it may be too late. The charity coin, no, all the coins would go to orphanages. I'm sure there's a way to check to see who got the coins. I don't own an orphanage nor am I associated with one. My own coin, that's a different story. Yes, I see what you mean but if I don't have programming talent what am I gonna offer another dev? I'm gonna at least give the charity coin a shot depending how much it costs for me to get it launched. And depending on how that goes I'll maybe launch my own coin. I'm educated and an economist - I shouldn't have to be a programmer to launch a coin. Jobs wasn't an engineer he was a salesman. And I don't think I'm a jobs or a gates, I simply used them to prove a point. What I am is: on time. These things where you can start something revolutionary for little money is once ina lifetime. I'm dead serious about this and what I can offer compared to other devs is 100% transperancy. Read my posts , I'm not hiding anything. I'll even post my real name and address if anyone wants to see what kind of a person I am. Well, I have small kids, no address but I'll give out my city and I can't meet up any locals at say, Starbucks. How many devs offer that? This is not a get rich thing for me as I can make way more money at a regular job, but I Believe so much in the future of alt coins that I want to be a part of it - do some good and maybe, maybe if it takes off then I can make some money. But I'm a realist, I've made and lost lots of money on stocks and I know a long shot when I see one. |
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And if hazard has launched new coins for free for fun, I'm sure I can work out a deal with him to at least launch a charity coin. There's no such thing out there. Just a pure charity coin with all the money going to orphanages. I'm sure there's an easy way to prove where the money goes.
And if that works out then I'll get the money to launch my own coin right.
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If you are indeed a successful investor, why are you in the financial predicament you're in? Are you working a 9 to 5 bank job, or are you not working a regular job? There's no faster way to financial doom than to follow the advice of a broke investor. People get poor for various reasons. Among them is family issues and hospital bills, among others. I'm not working at this moment (not a regular bank job anyway) but that can change in 24 hours in which case I would have to pull 16 hour shifts to make this work. And trying to launch a pure charity coin is hardly trying to get rich. I wouldn't be making anything off the orphanCoin. And if I launch my own coin it would be done right and it wouldn't be anymore pollution than already exists. At least the orphanCoin has a altruistic purpose. And what is the reason to launch a coin if its not to make money. You think all these coins being launched are for some unselfish, community loving reason. Hahahahaaa, let's get real man. The number 1 reason anyone has launched a coin is to try their luck and hopefully make lots of money. That's it. Any other reason is secondary. At least with the orphanCoin, my primary reason (with just this coin) is 100% charity. If it doesn't work I don't care since it's not my personal coin. And if it works then that would be an amazing thing for a lot of people. But since I have nothing to gain (financially) from orphanCoin I wanted to know how much it would cost me to get it launched, since I cannot afford to throw money around play pretend philanthropist until I do get a regular bank job back. |
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There is no good way to do it. I believe in no forced allocation to the founder because its bad for a coin, but at the same time i think people need to get something out of it (if they innovate) in order to motivate them to innovate
My thoughts exactly. If there's a real inventive we'll start seeing real teams of developers come on board. This is what I think a bitcoin ETF will do. Much more but this will be one huge positive. It will bring in a different class of developers. Super devs. Then you're gonna see crazy good innovation and those guys will demand huge % and they'll deserve it. |
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Can somebody tell me what I expect to pay a guy like hazard for prepping a coin for launch, for me? I know nothing about programming. TIA.
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25% of minted coins allocated towards the devs is absurd. I was thinking 1 to 5% at most. I'd actually feel more secure knowing devs were devoting 100% of their time working on the coin, instead of trying to fit it in the time around their day job. Personally, I find it a bit worrying when LTC devs need to post fund raiser thread on this forum. But hey, that's just me...
How can they devote 100% of their time to a coin on 5%? Most of these guys are educated making at least $70,000 per year. At 25% it may be worth it but at 5%, no way. That's what I was trying to say. If devs get paid right they're more likely to promote the coin more then miners will come out ahead. But then again, if dev team is open and it keeps growing with skilled people, then this works as well. Hence peer to peer on all facets. My thoughts exactly. Obviously if the dev is a scammer he's not gonna grow the talent so that's when you abandon his coin but if he shows real effort in growing that coin then they deserve the 25%. That's not a lot of money unless the coin actually takes off. That's why most of these guys have full-time job. If I get a job back at a major bank I can't quit that kind of money for a piddly coin which pays me $500 per month. That's what 5% would probably equate to for most of these coins. And that's if they dump all their coins. If I had my own coin I wouldn't want to do that, I'd want to keep a big portion for the future. |
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25% of minted coins allocated towards the devs is absurd. I was thinking 1 to 5% at most. I'd actually feel more secure knowing devs were devoting 100% of their time working on the coin, instead of trying to fit it in the time around their day job. Personally, I find it a bit worrying when LTC devs need to post fund raiser thread on this forum. But hey, that's just me...
How can they devote 100% of their time to a coin on 5%? Most of these guys are educated making at least $70,000 per year. At 25% it may be worth it but at 5%, no way. That's what I was trying to say. If devs get paid right they're more likely to promote the coin more then miners will come out ahead. |
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Yeah, I can't believe the guy made that. He must be an engineer. I've just never seen anything that nice and professional as far as GPU miners. And for only $18,000, he must have gotten some deals cause I figured minimum $25,000.
He should get all his money back in probably 6-9 months off LTC Coins. That's the best investment there is. Well, ASIC machines are better but it may be Christmas before I get mine and by then who knows what's gonna happen to bitcoin and without bitcoin those ASICS are worthless.
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I can't stop staring at your rig. I saved it on my ipad. Crazy. I wish I had money to build a quarter of that. That's just crazy.
can I see the pic? It's on the last page, page 3. |
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Probabil tu vezi lucrurile alfel , romanii sunt pragmatici si reticenti la profetii. Daca o sa reuseasca sa implementeze un ETF in US, e o antiteza cu anonimitatea BTC. Teoretic reglementeaza o piata fara banca emitatoare. Pentru "reglementare" este nevoie de taxare; care nu o vad posibila. Scaderea eu o vad altfel, producatorii de hardware ex ASICminer convertesc BTC in FIAT pentru investitia in viitoarea generatie de hardware si mai este si vara  . Ca o paralela cu vanzarea de digital curency ex Wow gold, vara a fost intodeanua jale, din septembrie reincepe tavalugul. Nu cred ca rade cineva de felul in care te exprimi ci doar putin de naivitate. Aici am refer la diferenta de cultura, si de faptul ca pentru noi romanii pierderea unei oportunitati poate insemna bankruptcy. Folosesti cuvinte prea mari, de abia intelesai jumate din ce zisasi. Si eu sunt roman, nu gandesc cine stie cum dar am advantaj sa stiu doua culturi foarte bine. Toate coins scad vara, correct. Cu ASIC miners, nu prea cred, nu inca, nu sunt Asa de multe pe piata inca. Nu inteleg partea de ETF. Tu crezi ca nu o sa le dea licensa Pentru ETF? Asa cred toti aici la Televizor si pe wallstreet dar eu cred ca asta este naivè - cred ca déjà este decis - o sa le dea licensa foarte usor. And then watch out! O sa Sarà in aer multe alt coins. |
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De aia a inventat CIA (guvernul American) Bitcoin - sa inlocuiasca dolarul dar si toate monedele in Lume dar nu necesar cu bitcoin - probabil cu un alta moneda Mai populara.
LOL din nou  Man, voi habar nu aveti ce se intampla aici in America. Dolarul este terminat. Euro este gata sa moara si japonia nu poate salva pe yen. Toti vor un ban Nou de ce nu un ban digital. |
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I would be curious how that insider trading option works. I thought they could detect any coins bought, sold or mined in the block-chain.
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2) You could buy CC's right before a patch, watch the price go up, and then sell.
3) You could create assurance contracts for new features.
I don't understand options 2 and 3. 2 is essentially insider trading, which is virtually impossible to detect with cryptocurrency. 3 is just like any other assurance contract. For example, you could offer to implement a nice escrow gui in the client, or publish an educational video, once a certain number of coins have been pledged. Having a fund for each task also gives you more market-based information as to what your priorities should be. Here's a great example, how they are funding the next Open-Transactions client: https://bitcointalk.org/index.php?topic=225954.0For this OT example, instead of one person requiring X bitcoins, the bounty grows until someone claims it. So if it's that easy to launch a coin as people on here are saying, how many bitcoins would it take to get a programmer on here to launch a coin for me. Or to do the programming work and I'll launch it I guess.
Hazard and c4n10 will do it: https://bitcointalk.org/index.php?topic=208578.0https://bitcointalk.org/index.php?topic=224783.0That's why someone said: I gotta go see hazard. That didn't make any sense. Do you know how much it would cost for him to get a coin ready for launch for me. I have no idea and I don't want to overpay cause ok pretty broke right now. I have some money but until I find a job I have to be careful case I have 2 kids to care for. |
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devs should get a certain percentage...
I agree, I think that's the most fair way to do it. |
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Mr. Nasakioto isn't very responsive. Go to the devcoin thread and the founder will respond to PM's and posts in under 15 minutes pretty much around the clock. Not a good sign, here.
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So how many bitcoins bounty do I have to put out there to get a programmer on here to prepare a coin for me to launch?
I haven't a clue. But you guys make it sound like it's easy. There's gotta be programmers on here for hire. Like mercenaries, only with brains and a keyboard. Lol.
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So if it's that easy to launch a coin as people on here are saying, how many bitcoins would it take to get a programmer on here to launch a coin for me. Or to do the programming work and I'll launch it I guess.
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I'm not a programmer. I just assumed it took quite a bit of programming otherwise why wouldn't everyone here launch their own coin.
Integrity. Well, I gotta at least figure out how to launch the charity coin, orphanCoin. If it's that easy I don't care about making money from that one. |
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the coin they worked so hard to launch.
Been a while since I've seen that. I'm not a programmer. I just assumed it took quite a bit of programming otherwise why wouldn't everyone here launch their own coin. |
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