Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 35. (Read 196217 times)

That sucks...

why do people dont create a fake facebook account like everybody else ??

I don't think it's possible to collect them without Facebook account.

Bump

How i collect free coins from survey without facebook? I dont use facebook

Price has risen today. Let's see if it holds up.

There is a lot to say... but let us start with the inflation and the "distribution":

The Neucoin-Team sold about 100 Mio Neucoins during an ICO to the public. There are a lot of signs for selfbuying, but the problem is before all:

There were 3 billions in total at launch. So only about 3% were on the market. 97% are hold from the team.

All Coins staking with 100% yearly interest rate, so the total amount is at this moment: 3,245,873,429

Out of market-perspective it's more than 200% inflation since launch, even if those Coins don't reach the market now.

The top 10 addresses are holding: 3,103,776,599 which is 95,6% of the total.

Nice distribution, right? They have to buy on the market to stabilize the price, at the same time they're staking Millions of new Coins everyday and are unable to distribute them without crashing the price to 1 sat.

Take a look here: http://www.neucoin.io/richlist


By the way: The first 100 addresses holding 99,6% of the total, which is an clear indicator that the ICO was never really sold to the public. It's a dying project without any chance. Your impression of health is not right, because it's completely manipulated.


And what I describe is just the economic-side that is suicidal. There are a lot of other issues, like this one:

3.5 Hours of transactions removed from the block chain
http://forum.neucoin.org/t/3-5-hours-of-transactions-removed-from-the-block-chain/2057

Cant wade through 114 pages:
Can someone tell me in a few sentences whats going on with this coin?
Just a brief thing would be greatly appreciated. As far as I can tell the coin seems
healthy, its on the rise currently. On the surface it seems like a decent punt - but this is
crypto   

I wonder why the NoKoin regime isn't banning Alex...
He throws them their lies back into their faces - clearly emphasizing how unprofessional and centralized the Neucon infrastructure is.


Pretenders and con artists also in the field of server infrastructure. Their delayed transactions overwrite the non-regime blockchains all the time, sometimes after hours =>
100% centralized and buggy - huge risk, one single point of failure. All of this after collecting millions and working more than 1.5 years!
Be sure to memorize the team members, they will be applying for jobs.

Let's have another look at the completely fake market:
- the regime installed some new buy walls, price marginally higher
- the regime now buys with a second account on bittrex (great tactics Neucon)
- TL;DR the regime still the only buyer


Neucon: Where incompetence and lies go hand in hand.

North Korea is maybe a niche where Neucoin can find it's place. ;-)

Do you know who exactly is banning? Is there one person who plays dictator or is it consensus of the team? I just ask, because I believe that there is more drama behind the curtain than in front of. In fact I believe, some are already gone or with plans to leave, or more precise: with questions how to get out. It looks like a sect. Very easy to get in, but damaging to get out - even more damaging to stay. Investors only lose some money, but the persons behind are losing a lot more.

And that's the main point that is so mysterious. What the hell did they believe? How naive this is.  

I have the champagne on ice for your 200th NeuCoin post Rizz.

Only four more to go!

Hey kim,
Sorry I missed your banning.
But hey, nokoiners dont give a shit any more, about anything. (except getting rich off nokoin) it's the norm now.
(but there are VERY few nokoiners now so, tfft)
Dan must have slipped in to his nokoin forum unnoticed to me. Idiot.
nokoin forum need a "banned user" list. This is just ridiculous now, eh. Cant keep up.

Dans' bannings now include mods, major investors (never heard a peep of primeval since, btw. BS) minor investors, potential investor's, Whistle blowers,  innocent bystanders..... anyone who dares challenge Dans' self imposed authority...   Cos he's rich...  Jumped up donk.

1,000,000 users in a year. Complete fallacy.
Delusion.
Dan knows that.
Dartious doesn't. Nor James.
James isn't lying when he's shilling cos he knows no better.
Dart should.

Bitcoin, innovative, clever, useful, original, trusted.
nokoin, cloned, buggy, dull, useless, 100% untrustable.

No one is buying nokoin. (except Dan and me, but I'm buying to sell cheap   , Dan cant sell without crashing the market, so has to hoard.)
Not bitchin. Not Colt45, Not James.(Dart has kept his account secret so he can sell on the quiet while he shills others in I suspect)
They will all buy now just to prove me wrong. Kneejerk, put out the fire.
Dan cant prove me wrong cos i'm right.
Dan chose to hide away (appearing incognito) and paying James to do his work shilling.

nokoin. Where incompetence and lies go hand in hand with BS and greed and fraud and..  you get the point.
nokoin. Give it up.

(newest shill/sock - Krypton)

Welcome to the club of those who dared to speak the truth!! the ban list has probably already outnumbered the active users there!

Yes, the truth does tend to subtract value from nokoin because it is all about deceit, hype and smoke screens. As another ex-nokoiner turned dissident Gizfreak said, it is as transparent as a brick wall.
After all this schizophrenic behavior by the Nokoin regime and Daniel Kaufman's track record of stealing and selling user data, it is just plain stupid for anyone to trust them with their personal details. That is like handling your money to Bernie Maddoff for investment.

as expected I was also 'suspended' and my post deleted https://bitcointalksearch.org/topic/m.12741604 nokoiners have by now lost almost half their investments, everything else remains the same

funny how they say suspended for one year?? LOL as if anyone in that growing list would be interested in returning after one year? Or that this project will even be around after one year??

When you ban someone like M3ndi3, who previously has contributed enough to Nokoin to be made moderator, it shows how desperate they are to keep the appearances. The more an authoritarian regime is about to crumble, the more paranoid it becomes.


Nokoin, doing crypto the North Korean way.

Received as a bonus for giving feedback
0 confirmation   txid : 7bf9a6b85e8dbacd1f613781e126a7e9f25661edb9c0457f48a6cca77a4b6871
Oct. 26, 2015

PoW blocks would have helped with security in the first 1.6 days after launch (minimum stake age) if there there haven't been any mature transactions which are able to stake. Essentially, PoW blocks would have been the sole contributor to security in the first 1.6 days after launch.

Since the regime has started staking even before the (official) launch, PoW was never meant to help with security.


BTW: Why does NoKoin not have the double asterisk "Significantly Premined" flag on coinmarketcap?



Every PoW block which is only confirmed by a couple of other PoW blocks means a supposable fiasco.
Even PoS blocks which are only confirmed by non-foundation's PoS blocks means a supposable fiasco.

The whole NoKoin system relies on one single node on one single device, probably connected to one single internet connection and one single electricity connection... I'm confident that this wasn't the last fiasco.  

I think it's really hard for price to rise or even stay the same when there is so much inflation plus the coins that are not in the market. Time will tell how things will play out.

FTFY

But this ain't gonna happen. No USP, no expert knowledge, slow development (if we can even use that word), lies and postponements from day one, market dominated by the regime, no external buyers until now - TL;DR a fiasco.

In ten years, there will be approximately 100 billion Neucoin. So a market cap of 4 billion USD would put the price at $0.04. This would be extremely profitable for early investors that mine continuously.

I wonder what the Neucoin team thinks mining is buying them.

They are paying 164304 Neucoin per day to the miners, who just dump it on the market.

Each block that's mined has so such a small internal trust value that it can be wiped out on a whim (as shown by this latest fiasco), so its not helping with security at all. In fact, it hurts it because if people using Neucoin don't know the difference between PoW and PoS blocks, they won't realize that having 100 PoW confirmations of their transaction means nothing.

Those numbers are fanciful already because they include 15 million NoKoins that were "made “available for sale” by the foundations":

Oh boy... nice dreaming:

Exactly! At launch, neucoin had 3 billion coins and the presale price was $0.01 which means the marketcap was 30 million USD. So if neu reaches a marketcap of 4 billion, a presale investor would have multipled his investment around 130 times.
http://forum.neucoin.org/t/neucoin-price-will-rise-or-fall-more/2049/9



Som facts: Coinmarketcap shows Neucoin with a marketcap of $ 911,580
http://coinmarketcap.com/currencies/neucoin/

Why? They calculate only those Coins that are on the market right now: 142,221,951 NEU
They also hide the > 3 billion that are hold by the team.

So you have to chose how you want to calculate. With just 142 Mio or with more than 3 billion. If you would like to calculate with > 3 billion, you should ask where would the price be with 3,2 billion of Neu-supply free on the market - but with the current marketcap. ;-)

If you would like to make predictions about the price, you should ask how the price will react if this irrational high inflation would be distributed. Let's say, everyday just 1 Mio new Coins on the market. How long would that take? Nearly "forever", because they stake more than 7 Mio everyday. How would the price react with just 1 Mio new Coins everyday? How would be the reaction with that amount they stake everyday?

Right, the price would sink like the titanic.