How much profit can you make by creating coin

[janpec1000]

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.

[brokedummy]

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.

[gambitx]

u cant make much anymore, those days r gone ur late in the game

[janpec1000]

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.

[thejepper]

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

[brokedummy]

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.

[juju]

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!

[janpec1000]

"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.

[thejepper]

"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   

[janpec1000]

I thought so but i kinda hoped it wasnt:D

[Zzzack]

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

What do you want our coin to be called?

[MsCollec]

Your profit margin depends on how much you are willing to spend.
100% Premine
Web design
Logo
Giveaway
Media coverage
Bounties for exchanges/mobile wallet/block explorer
Profit
Retire at the age of 18

[lasciv]

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

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..

[roslinpl]

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

[janpec1000]

"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.

[roslinpl]

"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$

[PinkPotatos]

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

And how many conferences you attend.

[roslinpl]

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

And how many conferences you attend.

another points.
But still not enought to make it grow

[janpec1000]

"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).

[singula]

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 ...