[ANN] CorgiCoin (CORG) - Come strut with us! Now on CoinedUp!

[Vinculin]

will i make money on this coin?

Yes every coin with such volume can make money, looking at leaf and moon

[Vinculin]

will i make money on this coin?

Yes, kittehcoin started as fun project too but it got big popularity..... I think price will be 20-30 satoshi when corgi will be on cryptsy

Price will eventually rise even if it hits coinmarket/coinedup.

[userpacman]

will i make money on this coin?

Yes, kittehcoin started as fun project too but it got big popularity..... I think price will be 20-30 satoshi when corgi will be on cryptsy

Price will eventually rise even if it hits coinmarket/coinedup.

I wrote to the admin of http://www.gocorgi.com/forums/forum.php I hope they let me publish the announce on their big forum :-)

[cmj007cmj]

corgicoin need some market campaign

[blade87]

Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December.

I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.

[cmj007cmj]

the hashrate drop dramaticly, 

[matauc12]

Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December.

I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.

Actually the best way to use that premine is through marketing.

[cmj007cmj]

Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December.

I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.

Actually the best way to use that premine is through marketing.

great idea

[madmartyk]

That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

[Vinculin]

That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.

[madmartyk]

Net hashrate has dropped a bit.

[Ng93]

I spoke with the dev and the dev has only 2 mil coins ...
There are other people with a lot more coins, there was no premine, only it was a little bit earlier only but NO premine

So some huge holders can do some giveaways because otherwise there hashrate won't worth anything

Kind regards

[blade87]

Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December.

I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.

Actually the best way to use that premine is through marketing.

You're not going to be able compete with DOGE from just marketing. There are 7 new alt coins released every day doing the same thing. And if I know there's a huge non-distributed premine for the said marketed coin, I'm just going to flat out ignore it. I'm mining CORGI for a little bit right now on the hopes they will do something right with their premine.

Plus a giant lottery would bring a lot of hype, hash power, and possible start up a fairly good sized community. Is that not good marketing?

[crike]

That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.

Like they didnt accept EAC? Oh right, they did...

[mbekhet]

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[Vinculin]

That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.

Like they didnt accept EAC? Oh right, they did...

i am not blaming or what, but look at the buy order @ swisscex. No buy support on that site right now LoL. This may be due to yesterday hacking event. It's also possible because of that huge premine.

[MijntjeGoud]

That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.

Like they didnt accept EAC? Oh right, they did...

i am not blaming or what, but look at the buy order @ swisscex. No buy support on that site right now LoL. This may be due to yesterday hacking event. It's also possible because of that huge premine.

Lol. Look at another coin on swisscex. Since day one there is barely no buy support on that site

[BTCbull]

Once this hits the next exchange it will be selling for 10 satoshis again. Buying anywhere from 1 satoshi to 6 satoshis, in my opinion, is a good place to start.

I foresee the next exchange coming in the next week at the most. Anyone selling below 8 will be sorry in the next few weeks.

[Ng93]

Let them sell cheap

[dmgta]

I have been waiting for my withdrawal from http://corg2.altcoinpool.org/

USERNAME dmgta

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