Why the coomunity is against preminig,how should developer survive?

[timmy1979222]

The miners make their money,why should dev not have money,and no premine?
Whats the sense of this?

[Gleb Gamow]

The miners make their money,why should dev not have money,and no premine?
Whats the sense of this?

Apologies for just figuring out why this is the second post of yours found in the wrong section.

[cassius69]

devs dont need to survive

[timmy1979222]

If you can't survive then don't code experimental stuff. Get a job so you can buy food you know.

This line always sees to amaze me when coders really think bitcoin is free money land.

why the hell should a dev code for free?
and why you miners are allowed to make money?

[timmy1979222]

If you can't survive then don't code experimental stuff. Get a job so you can buy food you know.

This line always sees to amaze me when coders really think bitcoin is free money land.

why the hell should a dev code for free?
and why you miners are allowed to make money?

Because people are about to buy your shitcoin which you coded.

This means if you are a bad coder then you deserve nothing.
Why do you think they pump their coins ? So they don't have to use their brain first.

and where i earn from coin,if i dont make premine??

[timmy1979222]

If you can't survive then don't code experimental stuff. Get a job so you can buy food you know.

This line always sees to amaze me when coders really think bitcoin is free money land.

why the hell should a dev code for free?
and why you miners are allowed to make money?

Because people are about to buy your shitcoin which you coded.

This means if you are a bad coder then you deserve nothing.
Why do you think they pump their coins ? So they don't have to use their brain first.

and where i earn from coin,if i dont make premine??

If you invest your fucking money on it when its ultra cheap. And while you know yourself that you are so "AWESOME" that means you will be behind that coin for at least 5 months.

The value comes with your new experimental code which you understand and know how to fix bugs.

If you can't even do this shit, then don't touch any bitcoins please.

that makes sense, so zero premine is best then

[djm34]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

[timmy1979222]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

[djm34]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example  since dev had the ability to manipulate at will the %age)

[timmy1979222]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example  since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

[djm34]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example  since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

[timmy1979222]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example  since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

[djm34]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example   since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

[timmy1979222]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example   since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

tnx man,i will look at that.
what do you say for forking a coin,and launching? will it have success??

[cryptohunter]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example   since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

tnx man,i will look at that.
what do you say for forking a coin,and launching? will it have success??

probably not

[timmy1979222]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example   since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

tnx man,i will look at that.
what do you say for forking a coin,and launching? will it have success??

probably not

i guess,many coins are fork.at least you could add some features from other coins,and launch

[cryptohunter]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example   since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

tnx man,i will look at that.
what do you say for forking a coin,and launching? will it have success??

probably not

i guess,many coins are fork.at least you could add some features from other coins,and launch

problem is every new coin dev is trying that, the ones with any decent features are leaving those parts closed source. I guess no point spending 1000's hours coding stuff so someone else can hit copy and paste.

[timmy1979222]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example   since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

tnx man,i will look at that.
what do you say for forking a coin,and launching? will it have success??

probably not

i guess,many coins are fork.at least you could add some features from other coins,and launch

problem is every new coin dev is trying that, the ones with any decent features are leaving those parts closed source. I guess no point spending 1000's hours coding stuff so someone else can hit copy and paste.

i thought every code must be public at github. and how should closed code work,i mean they need for pool building the source

[djm34]

premines aren't bad in themselve, but large premine means usually large dump (before pump&dump group had a chance to dump their coin...   ).

And it is well known that many of the new coins are made by the same bunch of dev... leaving their coin to die once they have dumped their premine.

A better system is in my opinion the dev fee (doesn't prevent scam though...) and give incentive to keep the coin alive or a very long confirmation time say many months before the premine becomes spendable (or only small amount reserved for bounties...)

However the problem with coin without premine is that there is practically no bounty for anything... so...

how the dev fee works,i never heard that?

The coin dev collects a %age on each block (was done for talkcoin for ex. but that's a bad example  since dev had the ability to manipulate at will the %age)

and how to implement that into the code,and what community say for it?

Looking into the source of some wallet implementing it (not really my part...), the community seemed always ok with it (after it depends a bit how it uses... if the dev isn't too greedy and doesn't dump is fee directly onto the exchange which basically prevent the coin from getting any value, it is ok with the community)

and how to implement that  into the code?

copy and paste... see how it is implemented in coins using that feature... then replicate...   

tnx man,i will look at that.
what do you say for forking a coin,and launching? will it have success??

probably not

i guess,many coins are fork.at least you could add some features from other coins,and launch

problem is every new coin dev is trying that, the ones with any decent features are leaving those parts closed source. I guess no point spending 1000's hours coding stuff so someone else can hit copy and paste.

I would tend to agree with that... (even if I gave the copy and paste solution).
and quite frankly it isn't a good time to release a good coin

[MisO69]

If you can't survive then don't code experimental stuff. Get a job so you can buy food you know.

This line always sees to amaze me when coders really think bitcoin is free money land.

why the hell should a dev code for free?
and why you miners are allowed to make money?

hahaha, Miners make money? No, this hasn't happened since 2013.

Devs who scam make all the money now. Everyone else just watches crypto go into the toilet.

So sad!

You want to make money mining? You need a time machine.