[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 43 KB, 470x336, think different plebs.png [View same] [iqdb] [saucenao] [google]
5797968 No.5797968 [Reply] [Original]

>ripple founder's net worth is $37 billion
>altcoins ICOs are successful with just a fancy landing page
>most altcoins eventually have at least 10x returns
>free/cheap to create your own coin with potential to make millions just from your ICO

why haven't you created your own coin yet?

>> No.5798151

>>5797968
I was literally about to post this exact question, with a follow up of my own questions.
who wants to go in?
what should we create?

>> No.5798173

>>5798151
Pepecoin

>> No.5798386

Better yet, why not build a coin thats tied to something Chad's and Stacies will eat up. Like CryptoTinder, Proof of Smash algo

>> No.5798509

>>5798386
Matchpool

>> No.5798511

>>5798151
reddit.com/r/garlicoin but unironically
there's already thousands of reddit mouthbreathers shilling this imaginary coin nonstop. might as well actually make it and take their money

>> No.5798570

>>5797968

I actually have some at the very least impressing sound ideas for crypto/blockchain, and I have a background in CS, but I'm an autistic black guy that been in crypto since 2011 and manage to stay poor (had a bunch of bitcoin lost, stolen and goxd)

>> No.5798666
File: 9 KB, 420x420, 1514236359369.png [View same] [iqdb] [saucenao] [google]
5798666

>>5797968

>Being THIS much of a poor fag

No dumbass, who gives a shit about creating a coin.

The REAL money is in creating your own Coin Exchange website.

Coinbase charges a fee to ALL of it's costumers. Think about that for a second:

You make money? Coinbase gets it's cut.

You lose money? Coinbase gets it's cut.

Fucking let's create our own secure Coin exchange and charge a lower fee to undercut them and just make money for free.

>> No.5798704

>>5798511
it can be like dogecoin, an apparent memecoin that ends up huge
>>5798570
thing is you don't even need much technical knowhow, just knowledge of fancy vocabulary and web design. then with your ICO money hire some devs, or cash out.

crazy money to be made here, while this crypto madness lasts. maybe tie it to some social justice cause and reddit and media will pick it up

>> No.5798712

>>5798151
>>5797968
tried creating an ICO this summer. Shilled it all over LinkedIn, reddit and here. Got some calls with angel investors. They never got back to me.

It's a lot harder than it looks sadly. An airdrop coin with a good name, cool logo and low supply would do well I think.

>> No.5798810

>>5798666
yeah but this requires a shit ton of work, in addition to the huge risk of being hacked

>> No.5798838

>>5798666
THIS

>> No.5798881

>>5798810
>>5798838

Nothing we can't fix if we pooled our resources together.

It would be easy to undercut Coinbase's fee, they charge .99 cents, we would do .70 cents.

Every. Single. Transaction. we would make money.

>> No.5798904
File: 460 KB, 320x180, print me money damnit.gif [View same] [iqdb] [saucenao] [google]
5798904

FalconCoin

This coin is designed to mitigate transactions through a peer-to-peer network. Our coin utilizes internet-explorer for the best security.

20 million available coins, 1 minute block time

enjoy your millions

>> No.5798941

>>5798151
it's easy as fuck to create you own coin and it only takes like 5 minutes if you use based on ethereum wallet

>> No.5799053

>>5798881
Yes, I would absolutely be down. This would literally be something chan could do.
fuck the current landscape, let's all get rich and go to the moon by selling other people tickets to the moon.
It would just take the right people, and the right amount of resources to get it off the ground, not much, we could just whore it out like a "Coinbase lite", just a place where exchanges happen, with no other reason behind it, people would be all over our shit, because of the lower fees.
>>5798570
How much programming knowledge would you say you actually have?

we need to start a side group to discuss this a little further
before this gets archived

>> No.5799218

>>5799053
Is anybody down to take this a step further?

>> No.5799247

>>5798173
memecoins will never make it. The name needs to sound smart.

SMRT Coin. There ya go.

>> No.5799253

>>5799218
I'm down to do the coin, not the exchange tho

>> No.5799280

>>5798666
Creating a coin is easy. Creating, securing, and dealing with laws around running an exchange is fucking insane.

>> No.5799343

>>5799218
>>5799053
I posted before, you literally need 0 knowledge of programing in order to make a crypto coin

https://www.ethereum.org/token

just remember to send me some of your new coin once you make it
my wallet: 0xee328ccC79555E95827131E72395D46C43F29777

also post the smart contract adress

>> No.5799456

>>5799280

>It's too difficult

SOMEONE is getting rich and opening exchanges, it's just a matter of courage.

>> No.5799476

>>5797968
Remember TeaToken? Yeah that was me

>> No.5799483

Maybe if it was the summer rush, you could get away with a low effort ICO scam.

Nowadays, people are a lot more wary. You need a high quality website, well-written white paper, and maybe even a POC.

I say this as someone who's building an alpha platform right now and unsure if I can even pull 500k-1M in an ICO while still being anonymous.

>> No.5799497

>>5799280
Can't be too crazy, there are obviously a few websites out there doing this very thing right now.
If they can do it, so can you. So can we. I'm positive some of you autistic fucks can wrap your head around some of these laws and taxes.
At the end of the day, all the countries want are their taxes, find a break even point, and be just above that, but still lower than the competitors.
Undercutting the competitors alone would drive the market right to us, equalling more transactions, meaning more $$$

>> No.5799515

>>5799476
Taylor?

>> No.5799526

>>5799476
did you make some decent money off of it?

>> No.5799610

>>5799515
>>5799526
teatoken and teabay dot io are both down, so I'm guessing it failed...
>>5799476
why'd it fail?

>> No.5799796

>>5799218

Yeah dude. Make a discord?

>> No.5799886

>>5798881
Who is this "we" you're talking about? It looks like "we" has to do a lot of work and I'd rather masturbate.

>> No.5799918

here is a discord for the exchange website idea

https:// discord gg/ hj8dJBC

This is supremely basic

>> No.5799936

>>5798666
DECENTRALIZED EXCHANGE WHICH DOES NOT REQUIRE IDENTIFICATION BTFO IRS

>> No.5799946

>>5797968
you need good networking and marketing for a coin, skills i dont have

>> No.5799983

it won't let me post the actual link, /biz/ is banning discord links I think

>> No.5800012

>>5798666
What happened with all the decentralised exchanges promised last year ?

>666
the Satan trips confirm a big jewery

>> No.5800026

>>5799936

How do you profit from a decentralized exchange though?

Just cashing in from exchange tokens like Kucoin?

>> No.5800031

BRdJayz

Me and a fellow anon came up with an absolutely genius idea for a company/coin last night.

We will have:
- Proof of concept
- Workable alpha
- Soon to be released product
- Our own token

We are in need of a few more competent devs & crypto analysts.

Everyone who helps out will see massive shares.

We already have a front-end developer and a full stack developer that has worked at one of the top 3 tech companies in the world on board.

Don't miss this.

>> No.5800050

>>5800026
charge a transaction fee. most exchanges do this prior to sending or receiving money.

>> No.5800070

Hey I'm willing to invest some money into something that will make me money. I got crypto gainz

>> No.5800148

>>5800031

Where do I sign up?

>>5800050
This is what I don't understand. It can't be -really- decentralized if you're the main benefactor from fee (unless you hold the most shares/tokens)

>> No.5800174

>>5800148
Download Discord and join the server "BRdJayz"

>> No.5800192

>>5800026
KuCoin dividend coins are very attractive