Well, I've been saying these things for 3 months now.  Things like alt coins will soon greatly increase in number and that's already started. 3 moths ago most thought that wouldn't happen for years to come.

And I said bitcoin was going to walstreet and Main Street, and already, faster than even predicted its applied for an ETF.  I said 2014, would see an explosion in not just bitcoin value but most alt coins.  

And 3 months ago I never read anyone make such bullish remarks and yet they've all come true. I wrote a few articles stating these things for Devcoin - so at least I can back up my claims next year if I'm right and all the doubters jump out saying:  oh, we knew it all along.  

Cause most can't even imagine what's coming.  If they could they'd be holding to every coin and buy more. I'm buying most coins even the ones which are thought to have no future like ixCoin, and the ultra cheap like Devcoin.

Those who take a little risk now can make millions in the next 2 years.  The state and the banks badly want digital cash to make it - way too much power and smart money on our side for this thing to not blow up to the mother of all bubbles.

Sad thing is most here will sell way too early.  Most here will sell it all if they see $100,000 in their accounts. But that's a predetermined outcome and that's why this thing will work so well for many more people but those who get in early stand to make by far the most money.  And this, right now, is early.

And roubini, he was saying buy gold the last 2 years while I was telling everyone I know to dump it.  So at least once I was right and he was wrong.  Lol.  But gold will spike like mad, but not until late 2015.  

And in the short run gold will breach $1,000 and head to $500. And I said this 3 moths ago in one of my articles when gold was $1400.  Nobody then was taking about $1,000 and $500 was crazy talk.

Interesting.  That's exactly want I'm saying - it's the best way to pay the founders, keep them in the game enough to care about making the coin more valuable.

What a strange name for a coin though.  A Munie is a municipal bond which is the riskiest government bond of them all.  Odd.

I'm an economist, so I'm different from 99% of the current developers.

I have only known about crypto-coins for 3 months now and I'm blown away.  People don't realize what they have here.

Bitcoin is just an infant and its gonna grow up faster than the dot com boom. All laugh at the Bitcoin ETF application and the pros think they'll never get approved by the US govt but I'm 100% certain they will, and that will change everything.

That will be phase 2 - alt coin hyper drive.  That will happen next year.  I want to get my own coin launched before that happens cause at that point there's gonna be over 300 coins on the market and dozens of new ones per week.  

This is the final days if you wanna get noticed but I can't program and I'm low on money since I'm not working a regular job right now.

But I want to launch a great coin, and that won't be cheap or easy.

Lol.  Fair enough.  But I wasn't trying to spam for a badge.  Just for a privilege (starting a new topic) I had already previously earned.

Oh, that's on eMunie's own personal website.  I'm not doing anymore accounts.  No wonder I didn't find it on bitcointalk.

Well, we need to cover these issues here for all the people on here and all the devs who read and post here.  But I'm glad there's a coin that actually cares enough to ask.

Now there's a good sign of a good coin. But why eMunie.   A Munie is a local government bond - a municipal bond which unlike fed bonds can be placed in bankruptcy if that particular project fails or the state goes broke.

I'm not sure why anyone would choose a coin based on the riskiest government bonds, but Maybe it has nothing to do with that.

Agreed but that doesn't answer the poll.

What is a fair way to pay the developer of a new coin.

My idea was a preset % of all mined coins - be it 5% or 25%.  That way his pay is gradual and he will have the incentive to work to make the coin more popular and more valuable.

But it seems few agree with this protocol.  Most want no payouts of any kind and that's silly. We would have no bill gates or Steve Jobs if there was no incentive to get rich.  There has to be a fair and happy medium.

Capitalism and the promise of large profits will bring about the biggest and best coins we've ever seen.  Without those potential profits we'll keep getting the same crap coins with basically a name change.

You have over 10,000 posts, the most I've ever seen on this forum.  I'm gonna say you're the expert and announce your answer the correct one.

Thanks.

Lol.  Is that a compliment?

Hey, I may be an economist but I do have that business side to me as well, which most lack along with decent communication skills.  But I don't think I'm quite the salesman finshaggy is.  Ha!

He's not gonna spend it cause he's now a tied up loose end.

You got me wrong.  My main focus was a polular coin because i saw if as a good way to bring good value long term.  Lets face it, all this innovation you speak of, Bitcoin and none of it and nobody cares cause its worth $70 per coin. So my main focus wasn't just a name but the long term value as a function of popularity.  But I do want innovation - I want it all for a coin Cause I'm thinking long term.

No, I've never been part of launching any coins.  Can't you tell?

What's OP?

I agree but it doesn't have to be that way.  A premine can be ok, but I have to say that's the easiest way to do a pump and dump.

You mean the Feds?

I don't wanna follow Satoshi.  He gets no credit, no money and no fame.  Zero reward.  I'll stick to my 9 to 5 at the bank and keep my life simple instead of neglecting my family pulling 16 hour shifts trying to launch a coin with no guarantees or success.

I don't want a quick buck.  I don't want a pump and dump.  I want to launch a coin which will be around for a long time.

Made in china doesn't mean much. Phil Knight got lots of shares for taking a risk, working hard and making a great product.  He's worst $10 Billion and I've actually been at his house and played tennis there.

According to these responses, he had no right to make that money and should be worth as much as his assembly line employees.  And there's assembly lines in the US, mainly the air-sole division so lets not split hairs.

That's just not right.

So what's a fair cut?  I don't like premine cause it can be used as a pump and dump so the best would be a preset % given out everyday or every month from the mining.

I don't know about awesome but it was definitely original, unexpected and made me laugh.  Not that's it's funny in a good way, but it made me laugh. 

It seems that every single crypt-coin which has come out has flaws and lacks features or things many people wish they had, even the mighty Bitcoin.

And then it dawned on me, no developer ever stopped to ask the masses what it was they wanted most in a coin before they designed their own coin.

So here's everyone's chance - what qualities do you want most for an ideal, dream crypto-coin?

List your top 3 must haves or favorite qualities and/or features.

For example, some are crazy for better features - if so then list which features exactly you're looking for.

For others, a cool household name - something you're familiar with and maybe grew up with. Sorry, nothing which has a trademark, however.

While others may be looking for an awesome design of the coin - most of the designs out there are pretty lame and tend to just copy Bitcoin.

Finally, I can imagine some may only care about the value of that coin and want a coin which consistently increases in value.

And of course, let's not forget about trust.  A lot of scammer coins have come and many more will be coming.  So what can a new coin developer do to increase trust, besides a fair launch?




So please list your top 3 favorite qualities in a new coin.

Here's a quick list at a glance:

A) Features - please list which features you want most

B) Coin, Logo Design and Marketing

C) Better Names

D) Value - what can be done to increase the coin's face value

E) Trust - what can be done to increase trust, besides a fair launch

Etc.....


And I'm sure there are some qualities I've missed.  Let's get them all on one thread which can serve as a defacto must have list of qualities and features for any current and future developers which they can use when designing YOUR next coin.  

Thanks for your input,

- Vlad

Ok,  what badge is that? I've never seen such a badge in here before.

I can't believe this poll.

Everyone is voting for no special payout to founders.  That's like saying: yeah, we want nice Nike shoes but the founder who does all the work and ensures high quality, well, you better work on the assembly line if you want a nice pair of shoes like the rest of us.

That's called Communism.

What is wrong for getting paid a reasonable fee or % for starting and Maintainjng a good crypto coin which in turn can make you, the miner a lot of money?  Why is that bad?

Why is everyone against coin founders making some decent coin to provide you all with more and better coins to mine and essentially make free cash from home while you're off at school or work?  Better coins means more good coins to mine which means more cash to go around as more better stringer miners come online. 

We need each other, you guys need more good coins to come out as the existing coins get too hard to mine.  Why not pay a fair distribution to those founders and if their work sucks then they won't get much since there's no premine.

I just put up a poll for the question of best way to compensate founders or a coin.  Lets see what kind of responses we get.  It seems like most people are against any profit by the founders.  That's just ridiculous - it takes a lot of work and money to launch and maintain a coin.

 Is everyone a communist now, in America?  

Maybe I need to launch in China.  Lol

People are automatically so offended when a coin Founder tries to make a profit off the coin they worked so hard to launch.  

Like ixCoin, the guy only pre-mined 560K coins, out of 21 Million, hardly a large amount, and for that ixCoin was killed dead in its tracks.  Well, it's still around but it's in zombie land.

So what's a fair way for founders to make some money. It should be a way which forces them to promote the coin instead of pumping and dumping which means no premining as those coins can be dumped anytime.

I suggest no premine, and instead, founders, would instead get a preset % from the mined coins.  For example 25%, which would go toward everything from profits to admin, overhead and marketing costs. This way the coins are coming gradually and the founders are forced to do anything necessary to get the Coin's price up over the long term.

So then what about a coin where 25% goes to charity, 25% to founders for profit and overhead, and 50% to miners?  Considering some coins are only giving miners 10%-20%, I think this is the most fair way to do a distribution - where everyone comes out a winner.