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Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 123. (Read 196221 times)

newbie
Activity: 26
Merit: 0
Here's an alternative theory. Maybe by doing the presale they were trying to get more people involved and own stake in the coin, and to help fight the "free rider" problem as they state in their Strategic Plan:
...

Maybe the 100% initial year interest rate is also to help fight the "free rider" problem. That is, if you want to benefit from Neucoin, you can't just buy some and sit on it. You have to at least help out by securing their network (ie mining) to get a proper reward.

That's what I love about this coin. They seem to understand that they need to keep incentives of the users of Neucoin aligned with the success of Neucoin itself. And every step of the way, so far, they have done that.

Hmm, you should really go over your arguments again...

http://cointelegraph.com/storage/uploads/view/bc064a56eb65076b9ddcad1caec20f1f.jpg

(or are you just a sockpuppet shill?  Huh Undecided)

So your reply is just to name call along with some vague FUD and a graph from Neucoin's own website? Or do you have an actual argument?


The argument is, your points (see quoted parts in bold) being contradicted by one simple graphic (ironically indeed provided by Neucoin NoKoin  Wink)

How?

If by the graph, you are trying to say that only a fraction of the total Neucoin available will be handed out in the presale, then, of course that's true. But if they didn't do that, how would they implement the rest of their strategy plan, in which they hand out Neucoin in exchange for being placed on popular exchanges, business deals to use Neucoin for Freemium services, online games, etc.?

Even with the very small presale, as long as the market cap of Neucoin exceeds $30 Million, the buyers will make a profit. Bitcoin has a market cap of $3.5 Billion, so that means this will happen if it reaches more than only 0.8% (less than one percent) of the Bitcoin market cap,

hero member
Activity: 812
Merit: 1001
Why did you guys invest to begin with, they are probably already gone...

Good luck next time "investors"

- Mayer Amschel

No sign of action on nokoin forum, even the investors are starting to rumble,

primevalsoup (40btc purchaser)
"Could not agree with you more. The dearth of information since the pre-sale is simply inexcusable. I bought a reasonable chunk in the pre-sale in good faith that once the pre-sale was out of the way there would be more promotion and active updates on the progress. I feel cheated. Shame on you Neucoin team!"

LOrrav, look at this (40btc) users posting history. He keeps pleading for answers to 1 or 2 (simple) questions he asked, (in between apologizing for asking) Now he has cracked and started talking about he is feeling. http://forum.neucoin.org/users/primevalsoup/activity

He must know this may damage his nokoin investment further.
It must take a lot of frustration to make a large investor say this.

Are his comments Also FUD?
no info, no action. NOKOIN

(PS. Kim, stick with us a bit if you can. Its nice having you here! I cant find peters' history?)
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political

while running away with the money seems unlikely

yes they will probably spew out some blackcoin clone crap code that's barley tested and functioning.
god only knows why they are still running ads for their coin?  perhaps to get a better Dump for their cronies with another round of bag holders.  

I disagree. Take a look at their strategic plan and white paper. These documents look pretty well done to me, look like they took a lot of effort, and have a lot of insights.


I read their white paper.  Now I'm not a crypto guru, but still, I think it's bogus.  Their claims for solving PoS attack vectors are just a bunch of hand waving and jargon. There's no innovation, no real solutions. 

If you disagree, tell me what exactly is the innovation?
legendary
Activity: 1181
Merit: 1002
Here's an alternative theory. Maybe by doing the presale they were trying to get more people involved and own stake in the coin, and to help fight the "free rider" problem as they state in their Strategic Plan:
...

Maybe the 100% initial year interest rate is also to help fight the "free rider" problem. That is, if you want to benefit from Neucoin, you can't just buy some and sit on it. You have to at least help out by securing their network (ie mining) to get a proper reward.

That's what I love about this coin. They seem to understand that they need to keep incentives of the users of Neucoin aligned with the success of Neucoin itself. And every step of the way, so far, they have done that.

Hmm, you should really go over your arguments again...



(or are you just a sockpuppet shill?  Huh Undecided)

So your reply is just to name call along with some vague FUD and a graph from Neucoin's own website? Or do you have an actual argument?


The argument is, your points (see quoted parts in bold) being contradicted by one simple graphic (ironically indeed provided by Neucoin NoKoin  Wink)
newbie
Activity: 26
Merit: 0
Here's an alternative theory. Maybe by doing the presale they were trying to get more people involved and own stake in the coin, and to help fight the "free rider" problem as they state in their Strategic Plan:
...

Maybe the 100% initial year interest rate is also to help fight the "free rider" problem. That is, if you want to benefit from Neucoin, you can't just buy some and sit on it. You have to at least help out by securing their network (ie mining) to get a proper reward.

That's what I love about this coin. They seem to understand that they need to keep incentives of the users of Neucoin aligned with the success of Neucoin itself. And every step of the way, so far, they have done that.

Hmm, you should really go over your arguments again...

http://cointelegraph.com/storage/uploads/view/bc064a56eb65076b9ddcad1caec20f1f.jpg

(or are you just a sockpuppet shill?  Huh Undecided)


So your reply is just to name call along with some vague FUD and a graph from Neucoin's own website? Or do you have an actual argument?

legendary
Activity: 1181
Merit: 1002
Here's an alternative theory. Maybe by doing the presale they were trying to get more people involved and own stake in the coin, and to help fight the "free rider" problem as they state in their Strategic Plan:
...

Maybe the 100% initial year interest rate is also to help fight the "free rider" problem. That is, if you want to benefit from Neucoin, you can't just buy some and sit on it. You have to at least help out by securing their network (ie mining) to get a proper reward.

That's what I love about this coin. They seem to understand that they need to keep incentives of the users of Neucoin aligned with the success of Neucoin itself. And every step of the way, so far, they have done that.

Hmm, you should really go over your arguments again...



(or are you just a sockpuppet shill?  Huh Undecided)
newbie
Activity: 26
Merit: 0

while running away with the money seems unlikely

yes they will probably spew out some blackcoin clone crap code that's barley tested and functioning.
god only knows why they are still running ads for their coin?  perhaps to get a better Dump for their cronies with another round of bag holders.  

I disagree. Take a look at their strategic plan and white paper. These documents look pretty well done to me, look like they took a lot of effort, and have a lot of insights. Why would such seemingly intelligent and professional people be involved in some type of scam? Why after doing so much work on these initial documents would they release a shitty end product? Especially for such a small reward... just a $1 million USD presale.

From what I can gather from their website, that's $1 million to split between 10 team members, 3 advisors, and 35 angel investors, 48 people, some of them well known and respected? How could it possibly make sense that they would all agree to perpetuate a scam for such a small final sum. It's ridiculous!

---

Here's an alternative theory. Maybe by doing the presale they were trying to get more people involved and own stake in the coin, and to help fight the "free rider" problem as they state in their Strategic Plan:

Quote
Finally, (Neucoin) should use a security mechanism that doesn’t require awarding all coins to miners. Ideally, it should sell some coins to fund utility development (like Ripple), give some coins away to help user acquisition (like Stellar), and - unlike any cryptocurrency thus far - award some coins to companies that help make the coin useful, addressing Bitcoin’s “free rider” incentive problem. In sum, it should distribute the new currency in proportion to value added in growing the coin’s user base and developing its utility.

Maybe the 100% initial year interest rate is also to help fight the "free rider" problem. That is, if you want to benefit from Neucoin, you can't just buy some and sit on it. You have to at least help out by securing their network (ie mining) to get a proper reward.

That's what I love about this coin. They seem to understand that they need to keep incentives of the users of Neucoin aligned with the success of Neucoin itself. And every step of the way, so far, they have done that.



legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political

while running away with the money seems unlikely

yes they will probably spew out some blackcoin clone crap code that's barley tested and functioning.
god only knows why they are still running ads for their coin?  perhaps to get a better Dump for their cronies with another round of bag holders.  
newbie
Activity: 12
Merit: 0
m3ndi3, it is very disappointing to see you, a programmer, ask who cares about spyware and compare it with a common tracking cookie. google and fb display ads on their websites, when you close it it's gone. On the other hand, Kaufman's spyware would cripple millions of computers with the nonstop pop-up ads, sometimes even exposing children to porn ads. removing it was purposely made nearly impossible for your average user, even computer service guys struggled to clean it off.
Girl, if you think that it was simply a case of having spyware "in one of his programs", clearly you have not read about Direct Revenue. SPYWARE WAS THEIR BUSINESS.

So who cares?? Haven't you read any of the thousands of angry posts online?? Enough people cared to have 3 class-actions and 2 lawsuits moved against Kaufman's company, which eventually caused its demise.
http://www.computerworld.com/article/2539541/security0/hounded-by-spyware-charges--direct-revenue-shuts-down.html

if spyware is not such a sore spot, why would Didi and others be threatened with ban for bringing it up?? We all know the bans slowed down only because they were widely ridiculed here.

if Kaufman thought nobody would care about his spyware involvement, why did he try hide it before???
http://affiliatefairplay.sthetica.com/adware/path-direct-revenue-social-media

why is Kaufman STILL lying about the extent of his involvement, as proved by my last post???
Even worse, according to NBC News, it was Kaufman himself who gave the order "We need to experiment with less user-friendly uninstall methodologies" http://www.nbcnews.com/id/13757388/page/2/#.VX9W_UZSgds [No more Mr. Nice Guy section].

So let's stop mincing words here and call a spade a spade. Those who infect millions of computers with illegal spyware are scumbags. Kaufman and his buddies are bonafide internet scumbags.
If Bernie Maddoff was behind a new altcoin, would that matter? Some would decide to stay away while others would see "value" in the "expertise" that he brings, whatever... but unless his track record is truthfully exposed, those who do object it wouldn't be able to make an informed decision. That is why we care.

one and a half month after presale and absolutely nothing has been accomplished by nokoin, while almost 1 mil in btc are held by an anonymous Seychelles company, folks are still struggling to receive their coins for filling the darn surveys.. while running away with the money seems unlikely, time will tell if nokoin amounts to anything beyond a calculated pump n dump. so far the signs are not promising and I'm done wasting time with this nonsense
full member
Activity: 168
Merit: 100
Not a Doctor
soon in july Launch - then exchange, i think

July is almost here pal
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
soon in july Launch - then exchange, i think
legendary
Activity: 1106
Merit: 1000
Is this coin trading anywhere?
full member
Activity: 140
Merit: 100
Why did you guys invest to begin with, they are probably already gone...

Good luck next time "investors"

- Mayer Amschel
hero member
Activity: 812
Merit: 1001
Sandrine is going to "jump in again" here this week,
but Sandrine, on nocoin forum...

1 month ago Mark started a new thread,
http://forum.neucoin.org/t/how-best-to-manage-and-moderate-discussions-on-this-forum-to-ensure-neucoin-s-success/1003
-How best to manage and moderate discussion on this forum to ensure nocoins success-
He asks
"How do you think the NeuCoin team should balance the time we spend monitoring and responding on the forum as opposed to getting NeuCoin launched?" *

Myhash replied
"Post bi-weekly updates and roadmaps so your investors stay happy and informed."
" If you promise to forward specific questions to other team members, follow up on the questions. I have seen a few topics where @Sandrine did her best to contact the (tech) team but no answers were provided (including two of my questions)"

As nothing came of this, there is a new thread. (2 days, started by users)
http://forum.neucoin.org/t/how-about-a-weekly-update-by-dev-as-far-as-the-progress-being-made/1245
-How about a weekly update by dev as far as the progress being made-
Sandrine replies
"I think it is indeed a super interesting idea!
I need to see this with NeuCoin dev team and will get back to you"

"a super interesting idea" what? giving out info? updates? facts?  Oh please stop it.
These are BEST nocoin supporters asking for info and not getting replies.
There are not many of them, they dont ask much, IMO because they KNOW they will be made to feel THEY are holding up the MORE important launch. * (See Marks "marketing speak" above)
THEY have no info. I have no info. NOBODY has the info they need(ed). Its either incorrect, vague, outdated or will be announced shortly before launch. (times running out)

SANDRINE my point is people want(ed) info, transparency. Its not good enough, IMO, to leave Dartious (or worse, James and baby mod) to sell this multimillion $ business to us punters.
Dont be cross at me, I only ask for simple, straight, accurate answers as do your presale purchasers. There is a lot of catching up to do?

sr. member
Activity: 462
Merit: 250
Can it just be as simple as it's a decision I made and I want to see how it goes? People have a right to be interested in things, and to see them through - To learn from their own mistakes and learn life lessons. There will always be multiple roads to take, some with rewards, some with pitfalls. The warning signs are there, as you all have listed, yet something is just drawing me towards it. I'm simply following my intuition.


m3ndi3, if it sounds too good to be true, it probably is.


You will not only loose your money

here: https://bitcointalksearch.org/topic/m.11615937

and here: https://bitcointalksearch.org/topic/m.11603178


You also feed the scammers.

If you want crypto to go mainstream > STOP FEEDING THE SCAMMERS!

Oh this is what you are talking about haha yah I admit I just came across these sites two days ago and I was definitely curious. Big mistake on my part but I have no one to blame but myself. I take full responsibility, I knew the risks I was taking. I fully advocate everyone doing their research on these things before investing. And if they have been scammed by these things, whether it's a coin or site, all you can blame is yourself. Like everyone in the crypto space says, don't put in what you can't afford to lose.
sr. member
Activity: 462
Merit: 250


**edit thought he was talking about neucoin my bad- see next post
hero member
Activity: 630
Merit: 500
Can it just be as simple as it's a decision I made and I want to see how it goes? People have a right to be interested in things, and to see them through - To learn from their own mistakes and learn life lessons. There will always be multiple roads to take, some with rewards, some with pitfalls. The warning signs are there, as you all have listed, yet something is just drawing me towards it. I'm simply following my intuition.


m3ndi3, if it sounds too good to be true, it probably is.


You will not only loose your money

here: https://bitcointalksearch.org/topic/m.11615937

and here: https://bitcointalksearch.org/topic/m.11603178


You also feed the scammers.

If you want crypto to go mainstream > STOP FEEDING THE SCAMMERS!
hero member
Activity: 630
Merit: 500
M3ndi3. Sorry, Can I just go on a bit?

It's not just because of Dan Kaufmans reputation and history, or Jackson Palmers involvement, or Alex Norstrum leaving, or other team members.It's not just the $2.25m cash claim, the premine, the lack of details on foundations and who is employed and paid, it's not the just the lack of details on the voting system or when users votes might outweigh the foundations.

It's not just the presale, the Seychelles, the T+C of btc refund, the pressure sell. It's not just there is no nou yet, no code, no wallet, no mynocoin.com, no getnocoin.com. Its not just that Jackson Palmer is still listed on nocoinorg/blog. It's not just the advertizing on Graza sites, the marketing speak, the zombie forum users. It's not just the bannings, the deleted posts or the deceit.

It's not just the "off the shelf" forum software problems, the survey response email problems, the referral scheme problems, the distribution to other crypto holder problems. It's not just the lack of foresight at presale, the lack of customer care. It's not just the weeks it took to correct TX fees post, the FAQ being abandoned, finally reborn a clone, the mods/team still unclear or the minor mod.

It's not even just because the Tippy vote was so badly run that some people (innocently) thought that was a scam!

It's not because of any single thing, but so many things?
Please tell me what you like about noucoin so I may understand a little better, If you would like too.

hero member
Activity: 812
Merit: 1001
This just posted on nou forum (after spamming this forum, opening 2 new threads here today) (EDIT- 3 threads today)

dang63 (known here as izod)
4m

What would that be? The coins main thread. I don't think talking the coin up in the Neucoin forum is going to to any good. Do we have something to hide? I smell fear and inexperience......

BEFORE you can talk nocoin up you must first get some facts on the subject.
FACTS are in very short supply on Nocoin forum.
ASK nocoin forum for facts on mining and how many coins there will REALLY be after year1.
THEN come back here with some real info.
hero member
Activity: 812
Merit: 1001

I havnt had time to re-assess TX expense yet, as all my calcs (since April 22) have been based on misinformation.

Just wondering, rizzlarolla... if you don't like Neucoin so much, why are you putting so much work into analyzing it (ie. re-assessing TX expenses)? Does this mean you see some glimmer of hope for it?... or maybe you just like analyzing things, as a hobby.

I wont re-assess TX fees, I was simply trying to make the point that even on the RARE occasion when a clear answer is given by nocoin, it was wrong and could not be relied upon.
I see NO glimmer of hope for nocoin. I did, until I got involved and saw what I am seeing. Scammyness, amateurism, Inaction, fantasy, BS.
Analysis is not my hobby. I try to be exact because, for me, it is the only way to counter the BS evasive non answers from the nou team.
As I know the nou forum well, I figured I was as well informed as anyone could be on day to day dealings If there WAS any tech talk, others may be better positioned.
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