Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 111. (Read 196191 times)

they will get an exchange.  there will be pumping.  there will be dumping.

No exchange. No pump. No dump.

James mod just loves nocoin marketing speak.
http://forum.neucoin.org/t/what-exchanges-would-you-like-to-see-neucoin-listed-on-pros-cons/1219/44

James started another pointless thread, "What exchanges would you like to see nokoin listed on? Pros & cons?"
where nearly every exchange is suggested. (as if the nokoiners have a choice)

Then Drowning mark replies
"We're already reaching out to many of the exchanges mentioned here, and we hope to have at least a few of them available at, or soon after launch."

Now, to me, that is Marketing Speak meaning,
"We are trying to get on any exchange, no luck yet or I would tell you. Hopefully we will get on one by launch, but it's not looking to good."

But to James mod,
"This is great news, I can't wait to see where NeuCoin will be listed."

Blind faith, Pure shillism.

There is no refund.

some of were suggesting neucoin should offer one since so many negative things came out about newcon.

1. no technical innovation
2. completely centralized
3. huge premine and presale
4. rejection from larger altcoin community
5. lower stake rewards for small buyers
6. founder involved in spyware industry

and so the right thing to do would be to refund people's money....but it was only a suggestion that won't happen.

Sorry, I'm a bit confused with what you mean. Time is running out for a refund? I don't get it ,what refund and why is time running out? I have no problems at all with what is going on with NeuCoin right now, should I be worried? I'm perfectly happy with the progress and updates. I'm excited about NeuCoin, but I don't spend my every waking moment consumed by it (which it seems like you are). I spend some of my time on the forums, I'll moderate if needed, but otherwise I don't work for them, so I use most of my time on my own projects. Will I be happy if NeuCoin succeeds? Absolutely! Will I be sad if it doesn't, yes of course. But until the actual release of the coin and services, I'm just busy with my own businesses

i guess we just have to wait for the launch.
Between aug 6 and aug 13.  we wont have
to wait long.  waiting to be blown away 

I feel a lot of the "big names" attached to the launch
got snookered into supporting something that they
didn't have a clue about (altcoin pumping)...or
maybe they are as equally opportunistic as Mr Kaufman.

M3ndi3, Dart and others,

Time is running out to get refund.
Is this what you envisaged for nokoin?
With all that has transpired, do you feel, unfortunately, this is a fail?
Have you unwittingly aided in something you may wish now you did not?

It's not yet too late to call the whole thing off.

From nokoin forum, (40btc purchaser)

http://forum.neucoin.org/t/how-about-a-weekly-update-by-dev-as-far-as-the-progress-being-made/1245/40
primevalsoup
14m
Sandrine

Hi Sandrine,

Thanks for the reply. I've seen the updates but quite frankly was expecting something more meaningful. Merely stating that "we are working with a specialist HTML 5 game developer" hardly constitutes giving the community a "glimpse" of the games that are coming. Mentioning that that you are working on an online wallet app, proof of stake mining service, is simply stating the obvious and provides no new information (why wouldn't you be working on these???).

Anyway, it's clear to me that no matter how much I complain, I'm not going to get much in the way of meaningful information from the Neucoin team and since I'm already invested there is not much I can do except hope for either a successful launch or smooth refund of BTC accompanied by high BTC price....

Good call, Jonald.

nocoin, priced at $0.01, is now at 20% loss to btc.

Fairest thing nokoin could do is return btc.
No launch.

No support on nokoin forum, facebook, here, anywhere.
Nokoin cannot work IMO.
Please don't launch a coin that will not work, that is not secure, not easy to use.
That is not what was promised?

NeuBuy, July 6
"Thanks for the update. Who are the game development partners?"

Mark, July 6
"We are working with a small specialist HTML5 game developer that is doing the games for us."
http://forum.neucoin.org/t/pre-launch-updates/1268/20

Is the "developer"  Myhash - the games man by chance? (notice how Mark never gives a comprehensive answer)
nokoin for the boys?

Oh, what happened to this game development contest m3ndi3?

Sandrine, May 8
we're working with a few partners on releasing a game design contest. The idea is to gather ideas around games that would integrate NeuCoin as an in-game token. They will be voted on by the community here and on Facebook, the winners of the contest will win a prize in NeuCoin. It will be released in a few weeks, stay tuned for more info!
http://forum.neucoin.org/t/neucoin-in-gaming-and-as-micro-payment-in-apps/915/20

Mark, May 17
Also, here's a headsup:
In the next couple of weeks we will be starting a major community project around designing NeuCoin games.Stay tuned for further details.
http://forum.neucoin.org/t/what-kind-of-start-ups-will-the-neu-growth-foundation-want-and-support-to-help-with-the-networks-growth/633/4

gurkin, May 17 (pre ban reply to this BS)
here i go again.
input from the team- read the white paper? yawn, give us something to work with please.
had this headsup a few weeks ago, now its still weeks away?


More BS from the team, just playing to the crowd.

So the last week the nokoin boys and girls have bought to this discussion,
Confusion, -  nokoin is innovative                  
Illusion,      -  nokoin is decentralized              
Delusion,   -  nokoin is better than bitcoin
That's a fail in my book.

Meanwhile over on nokoin forum (not much happening)
the bi-weekly update came a day late,(Monday) and as expected contained nothing except, in summary,-
" Here is a short update on what has been going on on our side...we are pushing forward with all the projects I detailed in my last update,"
"Our current estimation is that the NeuCoin cryptocurrency, MyNeuCoin and GetNeuCoin will launch between August 6th and August 13th."
http://forum.neucoin.org/t/pre-launch-updates/1268/17
ok, we now got some kinda launch date. 4 "user/investors" have responded (with praise, not questions) to the post, (plus a few mods) so not exactly over inspiring.

Also,
Btc2Dank4Free now has "the young one" after his name,
Dartious now has "the harsh guy"
Shoreditch Sandrine now has "the cute friendly admin"
M3ndi3 now has "happy go lucky"
Myhash now has "the games man"
http://forum.neucoin.org/about
I could think of a few suggestions for Mark and Dank!

while i'm looking, I checked daily "users"
19 listed (nokoin forum) users
6 mods/admin
6 zombie "straight zero's"
3 new today, unlikely to return (statistically)
4 "genuine" users
http://forum.neucoin.org/users?period=daily
nokoin still BS about active users. still giving different figures on different pages (see 2 links above)

I agree, it won't catch on the way bitcoin has. It's not really innovative, although the devs claim it is.
Woow free coins, like we haven't seen that already. But don't get me wrong i like the concept of getting free money and being able to buy amazon gift card, but if you really want to have engough to buy one you'll probably have to mine. A lot of people who aren't familiar with cryptocurrencies won't realise that, and excpect more than they should. Also als someone metioned here before, the rich get richer and the poor get even more poor. That's why i don't think NeuCoin is gonna catch on. Also because free money kiiinda looks like a scam if you aren't familiar with cryptocoins.
   

I somehwat agree with you liqio, about the 'fake' market cap from ripple.  market cap is a function of the liquid assets being traded.  all instruments will have some portion which is illiquid, such as founders holding them.  this is true for stocks and Bitcoin too.  arguably for ripple there would be a much greater percentage that's illiquid and so the numbers would inflated by multiples.  also, a secondary result is that with such a small actual trading volume, it is much cheaper to prop up the price and maintain a larger cap. not sure if all that's what you meant.

consider what would happen if everyone who's bought into the neucoin prelaunch dumped the coins back at break even and neucoin foundation bought them.  then there's no real volume, but they could fake it and set any price they want.  obviously this is an extreme example, but the point is the smaller the actual market, the more room they have to play games with the price and market cap. 

That's the problem. One can safely assume that the market cap of said type of coins is incorrect.
The same holds true for Neucoin - the foundations will be able to dictate the coin price (and thereby the calculated market cap) for years.
The foundations will be able to dominate the supply side, simply because their holdings are huge - and I'm convinced that they will even influence the demand side (using raised BTC and Fiat).
I don't know if that kind of intervention support is mentioned in their strategic papers, but given their overall strategy I would eat my hat if they don't.

That way price is fake, volume is fake and as a result market cap.

Bitcoin has a huge flaw that not too many people talk about, which is the centralization of mining due to economies of scale.

How long before the biggest 3 mining pools decide just to stop accepting blocks outside of their pools? After all, they're leaving 40% of the revenue they could be making if they just did 100% of the mining and force everyone else to go along with it, and this must irk them to no end.

My guess is next year, when the subsidy drops in half, they might decide to do just that and take control of the network. Heck, the people mining in their pool would probably support the idea. More revenue for them.

Even if they don't decide to grab hold of the network, the top miners must be kowtowed to get anything done in Bitcoin. For example, want to increase the blocksize? Make sure to confer with the biggest miners, or they might decide to just ignore you.  Doesn't sound too decentralized, does it?

Not only that, but the miners don't share the best interest with the users. Miners want more fees, more subsidy, more stability (ie control). They don't care to make a system that is nearly free to transmit value between others. They'd be happier with something like Visa or Mastercard where they could gouge 3% of every transaction.

Neucoin doesn't have this problem. The miners and the owners of the coin are the same people, anyone with a substantial mining operation would also require a comparably substantial stake. Therefore, attempting to push it towards higher fees or more centralization would destroy their own profit by reducing the value of the coin in general.

LiQio, if you think planned economies never work, explain how Ripple, probably the most planned, centralized coin in existence, has the #2 spot in the market cap right now?

jonald_fyookball I'm not sure if you're asking me here 

I'm a hundred percent sure that the path they chose is a dead-end. There is no way on earth that one company (especially Neucoin where gibberish and marketing comes before everything else) will be doing it better than the free market (hundreds of independent companies as you call it).

Bitcoin has hundreds (thousands?) of companies driving innovation and adoption. 
How is one company (especially a non Fortune 500 company) going to do it better?
I'm a little puzzled by that.

Now that's what I call progress, we are getting in touch with reality, LOrrav above and now you darteous.

I wouldn't call this innovation, but yes that's the only novelty, a centrally planned distribution that will take years and avoid normal market forces.
That's what most of said since the beginning btw.

For all we know there are no killer properties and it comes pretty late to the party.
So, yes it's most likely not better at all, rather mediocre.

The image is certainly an epic failure until now at least.
As for growth, we don't know yet, lets see what the central foundations holding "all" the funds will make of it.

Hmm, not sure, Neucoin seems to be sluggish at the moment. Since there is no technical innovation as you said yourself and plenty of funds have been raised a long time ago... If I were you, I would drop this argument (just IMO)
As for the weighing down, typically centralized economies and the intrinsic political processes weigh themselves down single-handedly.

Again, glad that we finally came back down to earth.

The innovation I care about is the distribution and usage planned from the beginning that no other coin has had. I don't care of the coin itself is not better than the other good coins out there. The image and growth the coin has from the start is what is going to make this coin. Most coins don't get things going in the beginning anywhere near fast enough and get weighed down with tons of bag holders by the time the coin has anyone looking at it.

Glad that we finally established Neucoin equals centralization.
Whether this will change after years is unknown yet and atm only wishful thinking.