Topic: Fair Profit for Coin Founders - page 5. (Read 4602 times)

No, not quite.  Gates used the office Jobs was lacking as a Trojan horse to gain his trust and it worked. Gates then got full access to apple's software and he store everything, mainly the interface which was years ahead of Microsoft.

A decade later when jobs came back, like in 1998 or so, softy invested like $300 million in apple for non-voting stock.  That wasn't just softy being nice, it was part of an anti trust suit against softy.  The government wanted to foster innovation and competition and it worked.

So no, my example was spot on.  Gates didn't give anything away, he got in with a lie and stole everything.

Buying BFL at the current state of Bitcoin and Altcoin just some what suggests to me you don't really have the mindset of an entrepreneur, another reason why I don't think your ideas will ever take fruition on your own.

Well, as I see it you are not the Gates or the Job, because you can't code - so your metaphor is out of the windows right away.

As to the "why" question, if you have not heard of it, let me remind you:
Ideas are dozens a dime - and this comes from the founder of the multimillion dollar CDBaby.com

Why? Because your ideas will likely be wasted anyway, never to take shape and just vapor into nothingness as speculative talk.
(I don't know you, but you said you "can't code" + "no money" + "profit driven" = FAIL)


You are in control of whom you trust to share your ideas.
Plus the person who gets rich off your contributed ideas, proving he is smart enough, will quickly recognise that you are an asset to him.
He will be incentivised to share the profit with you, because he knows you are the one who will make him even richer.

His wealth depends on you - the multiplier

In that case I wish you luck squared
BFL sucks so I hope the coin works out a lot better
Would say buy 100 alt coins each but I prefer Asicminer
Too much saturation in gambling coin sites and alt coins atm

What I would like to see is advanced trading interfaces using an alt coin built into the client now that would be interesting
Heck if you could get 10 RPG companies to use a game coin between them based on a bitcoin client that works too
Or even aiming titanic scales Giant decentralized stock markets with colored tokens he-he we changed finance and the way we view money why not change the stock exchange next and mess with those damn HFT robots

Went into madness there anyways I agree watching these trains go by is annoying but it's best to just build some more capital and then decide where to maximize it if you see a good train passing by  

After all it is savers that provide the equity needed for a company to succeed
If it doesn't crash and burn == Profit
So pick the good train
Best of Luck

Some ideas
T-shirts or making metal versions of all the alt coins for sale lol
https://bitcointalk.org/index.php?topic=20292.2000;topicseen

Hmm Satoshi lol
I'm working on other things
Anyways
It’s what’s for the betterment of bitcoin that matters

Wait, didn't that happen?

Then when it didn't work, I seem to recall him shoring them up a bit with a little purchase of stock.

Totally off topic but that was a pretty ironic example.

So you want me to give all my ideas to the founder of another coin?  Why would I do that?  It's like Gates saying, hey jobs, here's office for you computer Cause it's lacking that.

Sorry man, as much as I want to see a great coin launched and also a good charity coin, there's no way I'm just gonna give away anything I've got to make some other guy's coin better instead of focusing on trying to get mine off the ground.  I'm glad to see you're that trusting and giving but I'm not.

I want to see if I can get a coin launched and if I give any good ideas to another guy that's gone.  And I get a thanks and he gets rich.  That's too much for me.

@freedomno1,

What can I say.  Money makes the world go 'round and I've got none.

Sad to sit and watch this train go by.  I did buy some mining gear from BFL, maybe that will come next month and then maybe I can make something with that - enough to launch a righteous coin.

Hmm this is long guess I'll reply

Sure the alts coins will increase in number but they won't gain any traction unless some significant improvements can be made to them there is a key difference between a real change and improvement and a mimic like most alt coins being spammed out now.
Instant blockchain compression trading over exchanges instant built in clients and ease of use there is no point in reinventing the wheel
Makes more sense to make the car and improve on it instead of another horse based carriage

If you want a premine look at ripple and their closed source code as of today.

In 2014 there will be an increase in the value of altcoins that really do provide decent changes
Litecoin PPCcoin Namecoin and Devcoin perhaps more to the point is that you need to convince me and the market that what the coin of yours in the future will provide is different from the other imitator coins and make it worth the time.

He-he 3 months ago people were reeling from the stench of a 250 to 100 dollar drop that said someone has tried living on bitcoin for a week it still needs time to develop and a coin is not as important as the services it can provide

I'm saying you need ammo to build the infrastructure and it's a silly notion to assume that you can make the industry change without needing to put some real work into it the pros and cons of it realistically depend on how you make it are the options more profitable to make a coin or develop on current structures whatever reaches the most people will result in the profit as long as you understand the risk and the safety measures of making a proper currency then that's fine it's necessary to realize the reasons behind the growth and the need for a coin. Utilizing the best profit will come from recognizing the failings of any current currency and improving upon it and bringing change that is the scenario we are in.

Ultimately there are a lot of mixed signals in the market but there are opportunities out there that the market hasn't realized and the market will need to realize that and lock in some rates today to ensure some larger profits tomorrow the location of the investment and where is the best place to put capital is your call.

http://business.financialpost.com/2013/06/24/miners-writedowns-top-17-billion-as-roubini-sees-gold-dropping-to-1000/

another reason to join eMunie, we are already doing what you envisioned, plus the founder Dan is a talented experienced dev himself - that's why I joined it (I can't code these things myself, but I had ideas, visions for a digital currency).

I shared my ideas with the founder, and they were taken onboard (compare original system vs. this new update) - more than 70% of original ideas were changed because people like me cared to join and make it a better system.

Everyone has his/her own strength, and from my experience of bootstrap outsourcing over 100 freelancers to date, I can tell right of the bat, that if you are thinking of a software development project, but can't code it yourself, consider it FAILED!!! (unless you have millions $ to drain).

I Simply don't have the money to launch a charity coin.  I'm not working a regular Job and I have 2 kids. I'm struggling.  That's what I meant. I thought if I had success with a for profit coin then i could easily launch a charity coin. 

I can't give to charity when I'm charity myself.  Tough spot to be in.

If you think everything is about money and profit, then I think you are on a wrong track.

Money and profit all boil down to one thing "power & control".
But Steeve Jobs and Bill Gates, while motivated by such things, weren't doing it for power & control, they did it because it is their purpose/mission in life, just like passionate actors/singers act/sing because that is what they LOVE doing, because it's their passion and what life means to them.

If you lived in medieval age, you did not need to have money/gold or silver to feed and take care of the orphans, you just needed to be a king.

These days you can accomplish similar things by being a president, but not as easily as it was for the dictating king 300 years ago.

Well, programmers aren't cheap, right, I figure at least $30 per hour and from what I read you have to change a bit of code especially if you want to add some features so people don't call you a bum.  So $10,000 sounded about right as that only buys you a couple months work at most.

But if its that easy I'd love to at least launch OrphanCoin.  That's not for me, 100% charity so I don't care about features, since people will either buy it to help orphans worldwide or not.  My coin however, whatever it turns out to be, I need to have that done right and I don't have the money for that.

So who can help me launch OrphanCoin.  Pure charity coin.

Pools don't provide squat compared to devs.  People in general I think are just jealous.  You think most CEOs would make what they make if the masses were in charge of their salaries?  Even the CEOs that deserve their pay.

I think that's part of the problem here.  Most people can't stand the thought they're helping make some other guy rich.

It all depends on how much it costs to do these various things cause I'm low on money.

But I don't get offended easily.  And I look for criticism in any form I can get it to make myself and anything I do better.

But of course I want to make money doing this.  You think Jobs started making computers just for fun?  All huge success stories were in large part driven by potential profits.

But that's not the only thing I want. I want to release better coin but I don't know if I have the money for it and I want to release a coin which actually give back a lot to not just the miners and contributors who help make the coin the best but also to the community, the poor, orphans, etc.

I actually took out OrphanCoin.com, just for that reason.  If I have one good launch then my plan was to launch orphanCoin and give all the profits 100% to orphans worldwide.  The first pure charity coin.

But I first have to make money cause I can't launch a pure charity coin with no money.  I wish I could.

I'm guessing most devs are sleeping or just purely ignoring this post. I released a coin with no premine, looks like a success. However, i support devs who premine for their own pockets if it is within reason. 0.5% ~ 1 % of total can is not much, you guys pay as much as 3% to pools, some coins only have one or two pools, yet you don't complain. And don't try telling me that pools provide a service...so does the dev,

... Where do you read that? You just open up the code in a text editor, change what you want to change, compile.
Obviously, you can hire people to help expedite that process, but where do you get $10,000 from?

What?  What are you talking about?

I thought I needed at least $10,000 for a programmer to launch a coin for me? Free? What?

Since it sounds like your not a "developer" but wanting to make an exact clone, and wanting a premine or a % payout per coin mined, I will warn you now, your going to be looking at a very rough road for your coin, unless you can manage to do some pretty crazy things in terms of creating a lot of special services or getting a lot of big time companies onboard.  Not saying you won't make it.  But make sure you aren't easily offended, and start attacking people when you see a lot of bad comments on your Announcement post.  

I look forward to hearing what you will be doing to break away from the others.

Well, I've been saying these things for 3 months now.  Things like alt coins will soon greatly increase in number and that's already started. 3 moths ago most thought that wouldn't happen for years to come.

And I said bitcoin was going to walstreet and Main Street, and already, faster than even predicted its applied for an ETF.  I said 2014, would see an explosion in not just bitcoin value but most alt coins.  

And 3 months ago I never read anyone make such bullish remarks and yet they've all come true. I wrote a few articles stating these things for Devcoin - so at least I can back up my claims next year if I'm right and all the doubters jump out saying:  oh, we knew it all along.  

Cause most can't even imagine what's coming.  If they could they'd be holding to every coin and buy more. I'm buying most coins even the ones which are thought to have no future like ixCoin, and the ultra cheap like Devcoin.

Those who take a little risk now can make millions in the next 2 years.  The state and the banks badly want digital cash to make it - way too much power and smart money on our side for this thing to not blow up to the mother of all bubbles.

Sad thing is most here will sell way too early.  Most here will sell it all if they see $100,000 in their accounts. But that's a predetermined outcome and that's why this thing will work so well for many more people but those who get in early stand to make by far the most money.  And this, right now, is early.

And roubini, he was saying buy gold the last 2 years while I was telling everyone I know to dump it.  So at least once I was right and he was wrong.  Lol.  But gold will spike like mad, but not until late 2015.  

And in the short run gold will breach $1,000 and head to $500. And I said this 3 moths ago in one of my articles when gold was $1400.  Nobody then was taking about $1,000 and $500 was crazy talk.

On the contrary, it's completely free. The easiness depends on how much you copy and paste.
The way you deserve money is to add services/tools to your currency and earn from those, not just release it and sit back and earn money for nothing.