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Author Topic: How much profit can you make by creating coin  (Read 1362 times)
janpec1000
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February 07, 2014, 08:47:02 PM
 #1

Hey guys i am just wondering if there is someone with aprox numbers how much can be made if you create and release coin. What are usual profits that coin makers made. Just out of curiousity.
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brokedummy
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February 07, 2014, 08:51:47 PM
 #2

Premine sizes can range from 1000 to 500k usually. If you are really good though you can sell the premine high and buy back in low and make a million easy.

KNC - KingNcoin - rare, fair, pos only https://yobit.net/en/trade/KNC/BTC
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February 07, 2014, 08:52:39 PM
 #3

u cant make much anymore, those days r gone ur late in the game
janpec1000
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February 07, 2014, 09:09:35 PM
 #4

Interesting and what is the price to hire programmer for writting one? I am wondering as investment and to support cryptos how much would it cost to hire programmer making improved crypto either on hashing side, or something else.
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February 07, 2014, 09:15:00 PM
 #5

millions and millions (in the currency of your coin)
the problem is getting others in  Roll Eyes

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February 07, 2014, 09:23:26 PM
 #6

Interesting and what is the price to hire programmer for writting one? I am wondering as investment and to support cryptos how much would it cost to hire programmer making improved crypto either on hashing side, or something else.

You're looking at 50 bucks, a case a beer, and a ounce of kind bud.

KNC - KingNcoin - rare, fair, pos only https://yobit.net/en/trade/KNC/BTC
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February 07, 2014, 10:44:02 PM
 #7

Interesting and what is the price to hire programmer for writting one? I am wondering as investment and to support cryptos how much would it cost to hire programmer making improved crypto either on hashing side, or something else.

You're looking at 50 bucks, a case a beer, and a ounce of kind bud.

Deal!
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February 08, 2014, 03:05:51 PM
 #8

"You're looking at 50 bucks, a case a beer, and a ounce of kind bud."

Are you serious about 50 bucks? I am not sure how much work goes into programming currency but please if you can clarify i would appretiate it.
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February 08, 2014, 03:07:13 PM
 #9

"You're looking at 50 bucks, a case a beer, and a ounce of kind bud."

Are you serious about 50 bucks? I am not sure how much work goes into programming currency but please if you can clarify i would appretiate it.

its a joke   Wink

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February 08, 2014, 05:28:32 PM
 #10

I thought so but i kinda hoped it wasnt:D
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February 08, 2014, 05:55:58 PM
 #11

Send .15 BTC to 18KYS3R9CopNJH4xowSiQZk3wXdTL2ySuV and lets get started!  Smiley

What do you want our coin to be called?

Producer
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February 08, 2014, 06:15:20 PM
 #12

Your profit margin depends on how much you are willing to spend.
100% Premine Tongue
Web design
Logo
Giveaway
Media coverage
Bounties for exchanges/mobile wallet/block explorer
Profit
Retire at the age of 18
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February 08, 2014, 06:19:18 PM
 #13

Send .15 BTC to 18KYS3R9CopNJH4xowSiQZk3wXdTL2ySuV and lets get started!  Smiley

What do you want our coin to be called?

Maybe you guys should contact that Cryptogirl about Sasha Grey coin. Put her as OP. It would be funny to have a flagged OP, with a history of worst IPO scam ever tried.. I think she even said something like 'if you can't f*** Sasha Grey you can mine it', sounds better then most slogans around here..
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February 08, 2014, 06:30:18 PM
 #14

Hey guys i am just wondering if there is someone with aprox numbers how much can be made if you create and release coin. What are usual profits that coin makers made. Just out of curiousity.

Hah....

are you serious.

Profits depends on so many things that you could not I guess imagine.

1st and MOST important thing is : is your new coin going to be useful. Will people use it. Will some shops accept it as they accept Bitcoin.

And 2nd most important thing is: will you be lucky Smiley

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janpec1000
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February 08, 2014, 06:44:01 PM
 #15

"Retire at the age of 18"

Haha, i like that part.


"1st and MOST important thing is : is your new coin going to be useful. Will people use it. Will some shops accept it as they accept Bitcoin.

And 2nd most important thing is: will you be lucky Smiley"

I know profit is dependent on many things thats why i was mostly asking for real numbers in case if someone has them or be wiling to share them how much some other developers of 100 coins exchanged on cryptis made.

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February 08, 2014, 06:49:49 PM
 #16

"Retire at the age of 18"

Haha, i like that part.


"1st and MOST important thing is : is your new coin going to be useful. Will people use it. Will some shops accept it as they accept Bitcoin.

And 2nd most important thing is: will you be lucky Smiley"

I know profit is dependent on many things thats why i was mostly asking for real numbers in case if someone has them or be wiling to share them how much some other developers of 100 coins exchanged on cryptis made.



there are no REAL numbers for this.

You can earn like               -50.000$ to 1 000 000 000$ Smiley


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February 08, 2014, 07:14:54 PM
 #17

This depends on how many insiders you have at the start.

And how many conferences you attend.

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February 08, 2014, 07:31:16 PM
 #18

This depends on how many insiders you have at the start.

And how many conferences you attend.

Smiley another points.
But still not enought to make it grow

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janpec1000
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February 08, 2014, 07:58:57 PM
 #19

"This depends on how many insiders you have at the start."

If i have 500 people willing to buy from start is that enough? (small purchase eg 100 eur).
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February 08, 2014, 08:39:05 PM
 #20

Can't be that "late" or the supply of new "me too" coins would have dried up by now ..

Can be perhaps profitable, but most of the coins won't make it nowhere near any exchange or other possibility of selling the coins.
Depends on coin quality and how good dev are you, or how good dev you can hire .... and how good "marketing" and other stuff can you do for the coin.

For a "copycat" coin (just change a name, etc ...), there is close to zero investment, but also xclose to zero chance to get to any market ...
and for quality coin that would have decent chance of getting to a market - you'll find out that you have to spend some effort and/or money on improving and promoting a coin ....

In both cases, there is quite high risk that you end up without any profit and with a loss. People are still trying though ...

Big brother is not watching you anymore. Big brother is telling you how to live.
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