Nuggets Launching: Coin Graphics

[Damnsammit]

No premine! 

Why would I want to mine NUGs if you already have a stockpile that you are sitting on?

I don't think you can say this is a coin for miners if you already have premined 5% of the coin...

Plus his personal 1%

Let's say there are 50 millions coins total. That's 500,000 just for the devs pocket because he only has a small mining operation and can't keep up with us lol

Not gonna touch this one, I'm afraid, doesn't matter how revolutionary its supposed to be

No joke!  I'll stick with CAPs... at least they are reminiscent of one of the best video game franchises ever created!

Hope it works out for you, Vlad, but i don't see very miners interested in a "coin for miners" where you premine!

[Vlad2Vlad]

OK.  Listen up.

If you don't want premine I will cancel it cause its not too late.

But then don't cry to me that there's no bounties.

My fee is 1%.  That's not greedy, that chicken shit pay.

And I will not dump my 1%.

So if you guys want NO premine I'll cancel it now.  No premine.  1% goes to me and 99% to you, the miners.

But please get off my ass with the 1% cause I'm not doing this for less.

I thought the 5% premine would be great for the coin but you guys do t trust anyone so it's your loss.

SO THERE IT IS, NO PREMINE.  Just my 1% cause the programmer says its the easiest way to do it.

I'll put my 1% in a wallet which you guys can check to see I'll never sell my coins.

Once again you guys win, I'll do what you want although I think it's a mistake as all coins find schemes to pay out for bounties.

So the bounties will have to come from the miners.

Ok?  NO PREMINE, the 5% premine is now DEAD!

[iGotSpots]

OK.  Listen up.

If you don't want premine I will cancel it cause its not too late.

But then don't cry to me that there's no bounties.

My fee is 1%.  That's not greedy, that chicken shit pay.

And I will not dump my 1%.

So if you guys want NO premine I'll cancel it now.  No premine.  1% goes to me and 99% to you, the miners.

But please get off my ass with the 1% cause I'm not doing this for less.

I thought the 5% premine would be great for the coin but you guys do t trust anyone so it's your loss.

SO THERE IT IS, NO PREMINE.  Just my 1% cause the programmer says its the easiest way to do it.

I'll put my 1% in a wallet which you guys can check to see I'll never sell my coins.

Once again you guys win, I'll do what you want although I think it's a mistake as all coins find schemes to pay out for bounties.

So the bounties will have to come from the miners.

Ok?  NO PREMINE, the 5% premine is now DEAD!

You're going to have to tell us the total number of coins and the number of coins per block reward before we can comment on a fair premine amount.

[AgentME]

And as a bonus wait until I unveil the VGB protocol, miners will love it.  That's your bonus - this protocol will be what makes this coin a miner's coin.

Just to be sure, this was the feature that will make the coin reward small miners proportionally more than large miners, while magically making sure big miners don't pretend to be many small miners? Sounds like easy profits for any big miners that trivially subvert it.

I've said it before, there's no way to subvert this protocol.  No way for the big guy to scam the little guy.  You guys don't get it cause you're not finance guys you're computer guys so your mind is on tech stuff.

I'm a programmer that specializes in application and network security, and I can't think of any plausible way to do what I've seen described with the VGB protocol. Am I to believe that the VGB protocol will automatically detect large miners' botnets and server farms and penalize them?

Even the programmer when I told him he said: oh, that's cool, man.  So I'm glad to hear that.

I remain less than convinced.

So just give it a chance don't flip out at the 5% premine.  Most coins use schemes to get way more coins.  IxCoin got 20% and many others much more.

No wonder ixcoin isn't all that popular. You seem to be aiming really high in what other currencies you're comparing yourself to.

[Vlad2Vlad]

And as a bonus wait until I unveil the VGB protocol, miners will love it.  That's your bonus - this protocol will be what makes this coin a miner's coin.

Just to be sure, this was the feature that will make the coin reward small miners proportionally more than large miners, while magically making sure big miners don't pretend to be many small miners? Sounds like easy profits for any big miners that trivially subvert it.

I've said it before, there's no way to subvert this protocol.  No way for the big guy to scam the little guy.  You guys don't get it cause you're not finance guys you're computer guys so your mind is on tech stuff.

I'm a programmer that specializes in application and network security, and I can't think of any plausible way to do what I've seen described with the VGB protocol. Am I to believe that the VGB protocol will automatically detect large miners' botnets and server farms and penalize them?

Even the programmer when I told him he said: oh, that's cool, man.  So I'm glad to hear that.

I remain less than convinced.

So just give it a chance don't flip out at the 5% premine.  Most coins use schemes to get way more coins.  IxCoin got 20% and many others much more.

No wonder ixcoin isn't all that popular. You seem to be aiming really high in what other currencies you're comparing yourself to.

I'll PM you the programmer and talk to him.  If you can paye the 1% without premine then that's great.

IxCoin is but one example.  There's many more. Ripple keels 50%.  Feathercoin or frei only gives out 20% while keeping 80 for themselves. DEVcoin keeps 90%.  Lets get really. 

The total number of coins makes no difference as far the 1% goes, cause the value of a coin, just like a stock will be a direct function of the total coins outstanding.

Fact remains, if anyone thinks 1% is tooth to think up a good coin, spend endless hours trying to get it right, making it tailored for the miners and paying to launch it then spending 12 hours per day supporting it, if anyone thinks 1% is too much, regardless if its 1% of 100 Billion like Ripple of 1 million then that person is utterly selfish or basically a communist.

Find me just one DEV who is doing this for less than 1% and I'll drop the fee. What most of you don't get is that devs have back doors where they pay themselves plenty of coins.  I'm offering full honesty, true transperacy - you will not get this anywhere and in return I only ask 1%.

I have bent on everything and let you guys have your way with e try with but the 1% is not moving.  I wanted SHA256 badly but gave in to Scrypt, I wanted a catchy name like SantaCoin but gave in to Nuggets, I wanted 25% to give back to miners but you guys said 10%, I said ok, then when the oy way was premine you all said not even 5% was ok, which I thought was a bad idea but I have in.

I have given in to everything to prove I'm being honest when I say this is a miners coin.

Please talk to the programmer, as I hired the most expensive one on here and the one with the best rep - everyone I talked to said he's really good.

Ask him if I did not push for all these things and they were just not possible without spending way more money, way more time and having to hire more programmers.

I trusted all of you.  All I ask is that you trust me on 1 thing - the 1% fee.  I will make the wallet public so anyone can see before I sell a sige coin.  This is not a lump and dump for me I want this coin to survive and do well.

I will do all I can I clouding pay out of pocket to make this the best coin out there but this incessant, non-stop hatred and negativity has to stop cause I have bent over backwards to make the best coin posdie for you guys.

Wait until you experience the VGB protocol - even the programmer loved it and he's a techno guy.

Please, let's treat each other with respect, I think I've at least earned that much.


Thank you.

[Vlad2Vlad]

Back to the logo.


The coin is almost ready.

Please guys, I wish I had bounty money to give out but you all voted down the 5% premine so there's no bounty.

But please come up with a coin ASAP and when this coin launches I'll find a way to repay the deaigner even if it's with dollars from my pocket.

Thanks guys.

[NWO]

It's funny how everyone uproars about other coins (aka powercoin which was like ~.004% premine FOR giveaways, bounties ETC), yet everyone is chilled with this guy personally holding 500,000 nuggets on the ready to be dumped and wanting to premine a FURTHER 5% for bounties, giveaways...

Makes sense... 

[Vlad2Vlad]

It's funny how everyone uproars about other coins (aka powercoin which was like ~.004% premine FOR giveaways, bounties ETC), yet everyone is chilled with this guy personally holding 500,000 nuggets on the ready to be dumped and wanting to premine a FURTHER 5% for bounties, giveaways...

Makes sense... 

Maybe you can't read, the 5% is gone.  There's no premine except my 1% fee.

You think that a lot.  Start your own coin, pay the money, spend 12-16 hours per day here and make nothing.

Why don't you mention the coins that keep 80%, 90%, ripple keels 50 BILLION, and the list goes on.

Stop being a hater cause unlike the other coins this coin will at least give some advantage to the miners and make mining more fun.

What a communist to think that a person will work 80 hours per week for free.  I hold two Degrees. My last bank job payed me nearly $10,000 per month.

You think I'm gonna work for nothing?  Get your head checked you hater.

If you guys keep doing this you will chase away any half talented guy and be stuck with regards.

And like I said, 1% is what matters, the amount of coins doesn't as the price is a function of coins outstanding.  DEVcoin is at .00001 cause it has nearly 6 billion coins and growing to infinite.  While LTC is at $2,50 cause it has just under 100 million coins
Then you have coins like freicoin or fearherxoin within nearly 500 million coins and china coin with over 500 million coins.

It's all relative to the float.  I chose a coi number so there would be enough to go around in case it got popular. It's 1%, and it doesn't matter how many since the ultimate value depends on the total coins in the system. 

But I fully expect haters to belly ache if the total coins are 100 million cause that's 5 times more than Bitcojn and they'll shit themselves of its 500 million cause that's as many as china coin and they're communists, and birth a cow if its 1 billion cause that's too close to ripple's 100 Billion coins.

I chose a number which made the most sense and my 1% would have givens the same wealth, if any, regardless of how many coins outstanding cause in the end the value is fully dependent on that factor.

But I'm sure ill have to explain this to the haters 10 more times once I announce the details of the launch tomorrow.

And one more time - I will put all my coins so everyone can see them and see that I will not sell a single coin.  Fore it's all or nothing.  This coin makes it big or I'll loser money, time and effort but I'm
Getting exhausted by the mindless accusations when I've worked so hard to give you guys exactly the coin you want and you have still not seen it in action.

Mine it just one day and if its not the most fun and rewarding coin you've mined then kill it.

[Vlad2Vlad]

Can we get back to a logo.

Don't let the small minds detour you.  A coin giving 99% to miners and designed to help the smaller miner is a huge win.  Don't let fools being paid by other coins to subvert this coin affect your judgement.  They're jealous haters and don't want competition.

Lets focus on a logo, a nice miner's coin. 

I promise to pay out of my pocket if I see one I really like


How about 500,000 devcoins?  That's not a bad reward. 

Thank you guys and lets stay positive!

[thisnewcoin]

lol, 5% premine, is it a joke? People premined 1% and was criticized to death, now we want 5% 

I will make a coin with 3% premine!!! And of course I will make a bundle of it...

[iGotSpots]

I'm curious why you feel you deserve the 1% anyway? You talk about all your hard work, but you hired two programmers to do it for you...

[AgentME]

You think that a lot.  Start your own coin, pay the money, spend 12-16 hours per day here and make nothing.

What money does it cost to start a clonecoin? If you're paying more than $5 to have someone else rename Litecoin for you, then I'm not sure you're spending your money wisely.

[ohiwastedmylif]

I'm curious why you feel you deserve the 1% anyway? You talk about all your hard work, but you hired two programmers to do it for you...

[PerfectAgent]

This obsession with mining is missing the forest for the trees. Mining facilitates transactions and should only be a part of a cryptocurrency (of course an important one!). Just like how not everyone works in the financial sector, but they do deal with it. That and centralizing your currency will doom it.

[achillez]

should be an interesting launch either way

[AgentME]

This obsession with mining is missing the forest for the trees. Mining facilitates transactions and should only be a part of a cryptocurrency (of course an important one!). Just like how not everyone works in the financial sector, but they do deal with it. That and centralizing your currency will doom it.

Agreed. In the other threads, Vlad described this as a "currency for the miners". How does this not ring more alarm bells for people? A currency made just for the purpose of benefiting its printers! Miners exist to support the currency. Not the other way around. Getting it the other way around is to establish a useless charity aimed at people doing useless mining.

[Vlad2Vlad]

I'm curious why you feel you deserve the 1% anyway? You talk about all your hard work, but you hired two programmers to do it for you...

I've been on here 16 hours per day.  And paying someone else means I had to earn that money so it is my work.if you think 1% is south money then by All means, start this same coin and do it for free.

Can't you guys see that 1% is a joke?  No dev gets only that much.  There's so many insider ways to get coins and back doors you guys have no clue.

Here I am being honest and happy with 1% and you guys aren't happy.  Talk about selfish greed.

I understand now why no dev have a damn about making a coin to suit you guys.  

I'm Highly educated so my time is worth way more,  and I work hard and expect to be here all day long and most nights. And 1% is actually a joke to me.  I only accepting it cause I have high hopes that it will be worth way more one day otherwise I wouldn't waste one hour on this coin for 1%.

[PerfectAgent]

BTC, LTC, NMC, and others don't have this, nor did they need it to increase adoption. I don't understand why you have to play by different rules from everybody.

[ohiwastedmylif]

I'm curious why you feel you deserve the 1% anyway? You talk about all your hard work, but you hired two programmers to do it for you...

I've been on here 16 hours per day.  And paying someone else means I had to earn that money so it is my work.if you think 1% is south money then by All means, start this same coin and do it for free.

Can't you guys see that 1% is a joke?  No dev gets only that much.  There's so many insider ways to get coins and back doors you guys have no clue.

Here I am being honest and happy with 1% and you guys aren't happy.  Talk about selfish greed.

I understand now why no dev have a damn about making a coin to suit you guys.  

I'm Highly educated so my time is worth way more,  and I work hard and expect to be here all day long and most nights. And 1% is actually a joke to me.  I only accepting it cause I have high hopes that it will be worth way more one day otherwise I wouldn't waste one hour on this coin for 1%.

Do what normal people do. Have mining rigs ready to go on launch and mine your own coin. Stealing coins without mining work is not beneficial.

You still are missing the big picture. The community is a vital aspect of any new crypto. Treating them nicely, taking ethical steps, responding to general needs etc goes a long ways.

[thisnewcoin]

I'm curious why you feel you deserve the 1% anyway? You talk about all your hard work, but you hired two programmers to do it for you...

I've been on here 16 hours per day.  And paying someone else means I had to earn that money so it is my work.if you think 1% is south money then by All means, start this same coin and do it for free.

Can't you guys see that 1% is a joke?  No dev gets only that much.  There's so many insider ways to get coins and back doors you guys have no clue.

Here I am being honest and happy with 1% and you guys aren't happy.  Talk about selfish greed.

I understand now why no dev have a damn about making a coin to suit you guys.  

I'm Highly educated so my time is worth way more,  and I work hard and expect to be here all day long and most nights. And 1% is actually a joke to me.  I only accepting it cause I have high hopes that it will be worth way more one day otherwise I wouldn't waste one hour on this coin for 1%.

You seems be here today only? check all the alt coins how many have premine more than 1%?? Yet all being criticized. Look at the recent launched ones, Redcoin premined 1 mil out of 329 million, Cosmoscoin, Galaxycoin, Grandcoin, Diamond etc have no premines. Are you dreamining here with 5% premine?? lmao.