Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 134. (Read 196221 times)

You've been reading correctly and also your math is correct. Neucoin is likely after a few months only fraction of IPO price. Why anyone would buy the ipo is beyond me aswell. Don't waste your time. The Neucoin team doesn't answer questions directly. All they have is their list of names on which you are supposed to go off. If you aren't impressed by the names and are actually crunching the numbers and trying to do DD you and your questions will be ignored. If you keep asking the club of fanboys is going to come out and call you names and cry FUD. Same shit, different day and coin 

Yeah, I've seen it and it made me vomit my cookie.

ftfy. Brock Pierce is now Chairman of the Bitcoin Foundation.

http://www.neucoin.org/en/wiki/#funding

$1.2 million. 

This is all going to end badly.

http://www.neucoin.org/en/

$2.25 million. How much do they actually receive?

Code Foundation: $300,000
http://www.neucoin.org/en/wiki/#code-foundation

Growth Foundation: $600,000
http://www.neucoin.org/en/wiki/#growth-foundation

Utility Foundation: $600,000
http://www.neucoin.org/en/wiki/#utility-foundation

Thats $1.50 million.

There's a couple of possibilities why they do this or don't do that.

You said your transaction happend. Would you mind to show us this transaction on the Blockchain?

However: Fact is that a lot of people in the Cryptocoins-community have a lot of technical knowledge. Some have financial knowledge. And others just have a gut-feeling - which is sometimes better than all the other knowledge together.

Now if a new coin is being advertised like this NeuCoin, investors should do their proper due diligence, shouldn't they? You invested, so I guess you did do you dd, right?

Frankly, the whole NeuCoin-story reminds me very much of some P&D-schemes which were performed in China/USA with the involvement of some of the same players. There were "huge investors" who didn't know that they were investors. There was disappearing stock, false claims, faked figures - go ask the SEC. Ask the SEC about people involved in NeuCoin.

Ask some people who filed a class-action in the US because of a P&D-fraud what they think about some of the players in the NeuCoin-game.

I'm sure you haven't done your dd.

I'm furthermore sure that nobody who invested has done it.

Me, for my part, can say that one of my clients wanted to KNOW if it is worth to invest. He was willing to spend a couple of ten thousand US$ for a proper DD. After some days, seeing the first results, he said that he will not invest.

There are many people involved in this scheme. Some of them may be working with good faith. This will not prevent them to be held liable.

So tell me: How many and which court filings did you read?
Which SEC-filings have you seen?

What is your conclusion out of what you've read? What is your conclusion regarding the class actions?

Either you know about all this and still defend NeuCoin - then you are definitively a shill.

Or: You don't know about it and still defend NeuCoin - then you are just plain stupid. Make your choice.

 

It is!

Looks like Paycoin 2.0 to me

After an urgent advisory board meeting and a lot of pressure from the legal section of the neucoin Code Foundation and a majority of angel investors, the genesis code had to be modified slightly. Therefore the new current (subject to the terms and conditions set forth in previous terms) genesis block has the following hash:

87394f27edcf2c328cc96b104ec4613a04ca6cb301915246cc01da05f896b607

*ditto*

I am considering if it's worthwhile investment but when reading the T&C's I noticed it mentions 2.9 billion neucoins will exist with only 0.1 billion being up for grabs in this fund raising escapade.

Have I really read this correctly?  I mean this is essentially saying 'invest 1 BTC now and it will be diluted to less than ~4% of it's value' almost immediately.

Are these reserved billion neucoins used for mining payouts or something else that I'm missing?  Why wouldn't someone just buy these coins later when they are worth a fraction of their value in future?

Anyone care to share their transaction ID of > 10BTC they've made to this for some reassurance the reported investment is really happening as they'd be needing large investments like this for those numbers to be accurate.

The fact you have to invest with bitcoin also makes me think, 'why do we need Neucoin, why not use Bitcoin?' if Bitcoin is the only trusted payment system allowed.


Sorry to sound suspicious and I really like they're being open with their numbers but something isn't adding up and perhaps it's merely me not understanding their PoS strategy?

This is what I am also expecting .

Here's the sha256-sum of the genesis block:

e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855

*scnr*

I admire your marketing strategy which is very well structured and efficient. However, I have a few concerns regarding the underlying concrete things.

Your whitepaper states the theory and maths behind (what seems to be) the perfect crypto-currency. On the paper, you did a very good job. But did you actually already implement Neucoin?

Since the Neucoin source code (if it exists) is not publicly available... Could you, at least make the checksum of your genesis block publicly available? This would provide both a guarantee and an evidence that the Neucoin blockchain exists (it will be easily verifiable in the future). And I am sure, this will reassure the people who are buying Neucoins at the moment and eventually boost your sales.

Ah, so you will convert them to Buddha-coins? Or to Neusex?

just added another 3 btc, this might pump 

You come across pretty toxic already. You are one of those "who cares if it's a scam as long as i can sell for a profit"-people. That's ok. Welcome to my ignore list.

I admire your sense of "what if". I bought some too. Just because I could.

It's all just wind and noise.  That blade cuts both ways...."The presale numbers are probably fake."  It's all just wind and noise.

I just threw 2 BTC at this shit