Topic: [ANN] #coin - page 5. (Read 39709 times)

Same here. I will wait. And I think a lot of is miners will do that. Because of that, the coin will not lift off,looses intrest.

Then there's not much point
What's the point in doing that? Everyone will just wait up until the 10,000th block and then start mining it... the difficultly will go insane, and nobody will want to be apart of it. If you're going to do this, make it gradually increase so it would encourage everyone to mine from the start.

10K is too much of a wait...why mine?

I not going to mine the first 10,000 blocks then, it will take very long time then for people to take it to the 10,000 block.

+1
10k too much

+1

i´ll wait until 10k block,  if the difficult its huge then switch another coin, if low then i´ll mine.

Way way to much blocks with no reward. Yes you want to prevent it from being dumped and protect your investors. But for a coin to succeed you need the little people. (the miners) No miners, no coin You want the miners to invest in your coin and give you all of their combined hashing power. yet you only think about returning BTC to your stakeholders.

Im not saying blocks shouldn't be less in the beginning. just saying that 10k blocks is way to much.

when to begin?

Miner has a purse?

I appreciate you asking.
I have been studying this zoo here for a while now.
Do you want to read some ideas? I know I am late. But it's not started yet.



If it's arbitrary to you, then change it to a much shorter intervall than 868 days.

Why?  Inflation.

Look at a few dozen coins on cryptsy. Man, look at all of them, on a month scale.
The majority is loosing value. That has many reasons, of course. But one is this one:

If you put out more coins per day than (the market wants to eat + the miners want to keep),
then what happens is ... the price falls. Simple.


Almost everything is happening in the beginning now. You make it right away, or you don't.

So: To make your coin more precious, you could go for the first block reward reduction early, the next one a bit later, etc.
What would happen if you extend the time between two reward reductions each time a bit more?



A small premine, distributed in small (not to spoil the price of the coin) amounts to many hundred wallet downloaders is an important incentive; and used as small bounties for infrastructure builders (addnodes, block explorer, pools, faucets, logo-designers, sourcecode readers in case of problems, payments systems, ...) can make sense if used transparently, and responsibly. I have seen that go well with some coins, and not so well with others. And I have seen coins without premine starving due to the lack of paid support.  

You want a vibrant network of participants who are investing themselves into your coin.

You can impress with a small %-number, I guess. Bounties don't need to be huge. Always compare how much the premine it is compared to the total market, in x weeks. You don't want to be seen as dominating the coin for too long.

If you hand out premined coins in large amounts, try to (partly?) time-lock those coins somehow; early dumps destroy any hope for reasonable prices, then people leave, that's it, coin dead.  To time-lock away some of the IPO sounds bad for the coin owners - but it's actually good for them, like it's good for everyone invested into the coin, that you prevent that one or two of your big fish can start massively dumping early.


Think shorter. And if your coin is still around in 5 years, you'd probably be
able to do almost anything with 1/1000 premine, or 1/10000 or 1/100000.



sounds too long. Half a night was good enough in other coins.
Make it 24h, then every timezone can have learnt about the start.



! I might be totally wrong with some of these thoughts.
But perhaps I could give some ideas what to think about ?


Good luck with your coin start!

(click)

Any idea yet how much for the 1000 coin bundle? I might risk 0.1 BTC.

To a fellow Aussie to Another

Maybe you could get into contact with Twitter and ask them if they would be interested in rewarding people with #coin (hashtag coin) per post kind of like a faucet and then twitter can implement a game and payment system for #coins, the games would be free kind of like Facebook games but if you want to upgrade or buy certain items etc, you just pay in #coins you could even get rewarded for playing the game or buy rewards (#coin)......

If it gets popular Twitter could make a killing and then charge #coin for ad-free versions of twitter games...... dunno if this will happen till after it get's popular though.

I just thought since Twitter started the whole hastag # endeavour.

+ you could sell it to Twitter and become super rich lol

Do'nt be afraid. In 48 hrs #coin will be born. Please use the date-stamp used by the forum not your local time - its just confusing.

Don't panic about the launch time. There will be only 0.01 coin rewards for the first 10,000 blocks. This is to prevent dumping for the first weeks on launch. It's also designed to protect stakeholders and their investment. #coin will be here long after the launch so we are always thinking long-term.

Stakeholders for IPO - I've noted your names from here and PM. Details of the IPO will be released on 1st Feb. This will be run for 2 weeks.

I am getting alot of messages in PM which I haven't responded to, I am not ignoring you, I've read them, please let me get back to you soon as I need to decide on your offers individually - they are appreciated.

Follow me on twitter to receive the latest spec information to be released later tonight.

No updates on launch day? Dead coin before it even started?

Need launch time!!!

i hope there should be more new applications for this coin ,and with more support by DEV team ,and premine should be control under 1%.

PLEASE post launch time.

so, its still a scypt-coin

Large red writing really won't do you any favors..

DEV team, chinese team??

another coin made of chinese team have already made BTC exchange in wallet. #coin just follow chinese coin.
if  #coin have no new feature, it will be fail , ！！