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    Author Topic: [ANN] CorgiCoin (CORG) - Come strut with us! Now on CoinedUp!  (Read 141227 times)

    • Vinculin
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    February 05, 2014, 05:31:14 PM
     #681
    Quote from: podyx on February 05, 2014, 04:55:30 PM
    will i make money on this coin?

    Yes every coin with such volume can make money, looking at leaf and moon Cool

  • Vinculin
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    February 05, 2014, 05:32:18 PM
     #682
    Quote from: Malganus on February 05, 2014, 05:30:38 PM
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    will i make money on this coin?

    Yes, kittehcoin started as fun project too but it got big popularity..... I think price will be 20-30 satoshi when corgi will be on cryptsy

    Price will eventually rise even if it hits coinmarket/coinedup.

  • userpacman
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    February 05, 2014, 06:14:24 PM
     #683
    Quote from: Vinculin on February 05, 2014, 05:32:18 PM
    Quote from: Malganus on February 05, 2014, 05:30:38 PM
    Quote
    will i make money on this coin?

    Yes, kittehcoin started as fun project too but it got big popularity..... I think price will be 20-30 satoshi when corgi will be on cryptsy

    Price will eventually rise even if it hits coinmarket/coinedup.

    I wrote to the admin of http://www.gocorgi.com/forums/forum.php I hope they let me publish the announce on their big forum :-)
    Join our DOPE pool - 1% fee - register now!
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  • cmj007cmj
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    February 05, 2014, 06:17:36 PM
     #684
    corgicoin need some market campaign Smiley

  • blade87
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    February 05, 2014, 06:29:09 PM
     #685
    Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December. Tongue

    I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

    The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.

  • cmj007cmj
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    February 05, 2014, 06:37:01 PM
     #686
    the hashrate drop dramaticly,  Huh

  • matauc12
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    February 05, 2014, 06:39:28 PM
     #687
    Quote from: blade87 on February 05, 2014, 06:29:09 PM
    Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December. Tongue

    I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

    The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.
    Actually the best way to use that premine is through marketing.

  • cmj007cmj
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    February 05, 2014, 06:57:30 PM
     #688
    Quote from: matauc12 on February 05, 2014, 06:39:28 PM
    Quote from: blade87 on February 05, 2014, 06:29:09 PM
    Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December. Tongue

    I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

    The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.
    Actually the best way to use that premine is through marketing.

    great idea

  • madmartyk
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    February 05, 2014, 07:14:28 PM
     #689
    That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

  • Vinculin
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    February 05, 2014, 08:19:33 PM
     #690
    Quote from: madmartyk on February 05, 2014, 07:14:28 PM
    That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

    I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.

  • madmartyk
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    February 05, 2014, 08:24:59 PM
     #691
    Net hashrate has dropped a bit.

  • Ng93
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    February 05, 2014, 08:44:15 PM
     #692
    I spoke with the dev and the dev has only 2 mil coins ...
    There are other people with a lot more coins, there was no premine, only it was a little bit earlier only but NO premine

    So some huge holders can do some giveaways because otherwise there hashrate won't worth anything Smiley

    Kind regards

  • blade87
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    February 05, 2014, 08:55:44 PM
     #693
    Quote from: matauc12 on February 05, 2014, 06:39:28 PM
    Quote from: blade87 on February 05, 2014, 06:29:09 PM
    Mined this 24 hours and got over 1 million coins. It's definitely shades of DOGE from December. Tongue

    I like it, but a 1 billion premine means that this won't go anywhere unless a significant portion of that is distributed fairly. The 666 million premine from SaturnCoin and lack of distribution caused it to pretty much go DOA. That's now worth 5 satoshi on a 3rd rate exchange with no volume (aka worthless).

    The easiest way to distribute imo would be to have one giant lottery for all miners. Distribute it so that everyone wins something, with the highest getting maybe 10M coins? And the lowest 1000? Keep 100-250M of that original 1B stash for yourselves (making it effectively a much more reasonable 0.1-0.25% premine, but I'd lean towards 0.1% for a 100B total coin) and if this coin goes places you'll have a solid 10... 20... 30 BTC worth and etc. Otherwise you'll run into the same problem that SaturnCoin dev found - can't dump even "2 BTC worth" without it going to or even below 1 satoshi.
    Actually the best way to use that premine is through marketing.

    You're not going to be able compete with DOGE from just marketing. There are 7 new alt coins released every day doing the same thing. And if I know there's a huge non-distributed premine for the said marketed coin, I'm just going to flat out ignore it. I'm mining CORGI for a little bit right now on the hopes they will do something right with their premine.

    Plus a giant lottery would bring a lot of hype, hash power, and possible start up a fairly good sized community. Is that not good marketing?

  • crike
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    February 05, 2014, 09:01:56 PM
     #694
    Quote from: Vinculin on February 05, 2014, 08:19:33 PM
    Quote from: madmartyk on February 05, 2014, 07:14:28 PM
    That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

    I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.
    Like they didnt accept EAC? Oh right, they did...
    BTC: 19GwYWZjY3RczZFCS7S64AikrARuyZ7Zoc

  • mbekhet
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    February 05, 2014, 09:29:49 PM
     #695
    Quote from: mbekhet on February 04, 2014, 01:14:50 PM
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  • Vinculin
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    February 05, 2014, 09:55:57 PM
     #696
    Quote from: crike on February 05, 2014, 09:01:56 PM
    Quote from: Vinculin on February 05, 2014, 08:19:33 PM
    Quote from: madmartyk on February 05, 2014, 07:14:28 PM
    That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

    I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.
    Like they didnt accept EAC? Oh right, they did...

    i am not blaming or what, but look at the buy order @ swisscex. No buy support on that site right now LoL. This may be due to yesterday hacking event. It's also possible because of that huge premine.

  • MijntjeGoud
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    February 05, 2014, 10:00:10 PM
     #697
    Quote from: Vinculin on February 05, 2014, 09:55:57 PM
    Quote from: crike on February 05, 2014, 09:01:56 PM
    Quote from: Vinculin on February 05, 2014, 08:19:33 PM
    Quote from: madmartyk on February 05, 2014, 07:14:28 PM
    That big of premine will kill a coin...  I picked up on this yesterday and have been hitting it, but if you want to have it increase like DOGE that premine has to be used for something.  I like the giveaway!!!  lol

    I agree. No major exchanges (coinedup, cryptsy, coinex and coin market) will accept the coin with such huge amount of premine, although i think the coin may increase the price (at least hit back to 10 satoshi) slowly with little volume.
    Like they didnt accept EAC? Oh right, they did...

    i am not blaming or what, but look at the buy order @ swisscex. No buy support on that site right now LoL. This may be due to yesterday hacking event. It's also possible because of that huge premine.

    Lol. Look at another coin on swisscex. Since day one there is barely no buy support on that site

  • BTCbull
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    February 05, 2014, 10:03:16 PM
     #698
    Once this hits the next exchange it will be selling for 10 satoshis again. Buying anywhere from 1 satoshi to 6 satoshis, in my opinion, is a good place to start.

    I foresee the next exchange coming in the next week at the most. Anyone selling below 8 will be sorry in the next few weeks.
    Life is full of ups and downs... And so is the crypto market Smiley

  • Ng93
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    February 05, 2014, 10:32:52 PM
     #699
    Let them sell cheap Smiley

  • dmgta
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    February 05, 2014, 10:39:46 PM
     #700
    I have been waiting for my withdrawal from http://corg2.altcoinpool.org/

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