Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 40. (Read 196217 times)
October 21, 2015, 01:04:13 PM
Confirm account by SMS not work. Unable send message.
October 21, 2015, 11:41:09 AM
Here's another issue:
http://forum.neucoin.org/t/interesting-tidbits-learned-from-reading-neucoins-source-code/1640/5?u=timengler
If you want to see this in action, look here:
http://www.neucoin.io/transaction/d5c8a3496eb8340130e6c1fcd3c04f57634b9f69a398db0d226f460fcd9f7aea
and keep clicking on "Previous output". You'll notice the staking amounts have been splitting in half after every stake.
Which means the amount of interest Neucoin is getting is slowing down. Every time this happens, their UTXO's get smaller and take longer to stake. Eventually they'll lose most of their compounding effect, and will have around 45 days of unclaimed interest in their mega account that will disappear as soon as they try to make a transfer from it. I tried to explain this to them in that thread, but it seems they can't quite grasp the concept.
Another sign that their technical team today isn't really up to the task.
http://forum.neucoin.org/t/interesting-tidbits-learned-from-reading-neucoins-source-code/1640/5?u=timengler
If you want to see this in action, look here:
http://www.neucoin.io/transaction/d5c8a3496eb8340130e6c1fcd3c04f57634b9f69a398db0d226f460fcd9f7aea
and keep clicking on "Previous output". You'll notice the staking amounts have been splitting in half after every stake.
Which means the amount of interest Neucoin is getting is slowing down. Every time this happens, their UTXO's get smaller and take longer to stake. Eventually they'll lose most of their compounding effect, and will have around 45 days of unclaimed interest in their mega account that will disappear as soon as they try to make a transfer from it. I tried to explain this to them in that thread, but it seems they can't quite grasp the concept.
Another sign that their technical team today isn't really up to the task.
"thanks timengler for the heads-up"
https://github.com/NeuCoin/neucoin/commit/dbc71802974ee96d31e600087811050067b37847#diff-d1d8a04c2bc0c4a10f55cd0fee9ac17fR134
October 21, 2015, 09:44:57 AM
It's back on...
October 21, 2015, 09:43:21 AM
http://forum.neucoin.org down??
Yeah, down with me atm.
Could be temporary.
Maybe not.
Also, Last block 10 minute ago?
3 blocks in last hour?
October 21, 2015, 09:40:42 AM
http://forum.neucoin.org down??
October 21, 2015, 09:28:57 AM
http://forum.neucoin.org/t/neucoin-price-down/1962/40
[...] they gave away WAY too many coins per person for the surveys I think, should have been hundreds of coins rather than thousands[...]
No, Colt45, they sold WAY too few coins per 1 BTC. ICO investors have been taken to the cleaners big time. It was foreseeable and it was stated since the beginning, the regime wouldn't listen.
But then again, this is only one massive error. But the failures are omnipresent in almost all other areas of thisscam undertaking.
[...] they gave away WAY too many coins per person for the surveys I think, should have been hundreds of coins rather than thousands[...]
No, Colt45, they sold WAY too few coins per 1 BTC. ICO investors have been taken to the cleaners big time. It was foreseeable and it was stated since the beginning, the regime wouldn't listen.
But then again, this is only one massive error. But the failures are omnipresent in almost all other areas of this
October 21, 2015, 09:21:26 AM
October 21, 2015, 07:27:43 AM
Newbie:
FAQ: "Please treat this discussion forum with the same respect you would a public park. We, too, are a shared community resource — a place to share skills, knowledge and interests through ongoing conversation." there has been a lot of rally's and revolts in parks!
http://forum.neucoin.org/t/neucoin-price-down/1962/38
FAQ: "Please treat this discussion forum with the same respect you would a public park. We, too, are a shared community resource — a place to share skills, knowledge and interests through ongoing conversation." there has been a lot of rally's and revolts in parks!
http://forum.neucoin.org/t/neucoin-price-down/1962/38
October 21, 2015, 06:17:32 AM
Let's have another look at the distribution on bittrex:
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
24 hours later,
Top account now 3,490,000.
That's +120k nokoin in 24 hours.
24 hour Bitcoin volume 3.75
That equals ALL sales in last 24 hours.
NOBODY else is buying.
[...]
Now up to 3,585,000.00, another 100k bought by the team in no time.
Price down to 0.00002500 - no external buyers, everybody (not many left) wants to get out.
I wonder if the team will be in possession of all coins before 23rd
Neucon regime silent as ever.
@KimberleyS nice post, many facts - shame that it got pulled so quickly
Neucon: Where lies and incompetence go hand in hand.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
October 20, 2015, 11:01:57 PM
Yep really insane , that's why I'm proud to be a founding member of the "nokoin fanclub"
October 20, 2015, 06:40:02 PM
My last post at the nokoin's forum gulag. I freely quoted many of you guys, hope you don't mind
Thank you all for exposing these type of traps that taint the whole crypto space. I'm sure many newbies would have lost money if not for all the facts you posted here!!
http://forum.neucoin.org/t/when-will-you-open-your-eyes/1980
Thank you all for exposing these type of traps that taint the whole crypto space. I'm sure many newbies would have lost money if not for all the facts you posted here!!
http://forum.neucoin.org/t/when-will-you-open-your-eyes/1980
Quote
You were duped into investing your hard earned money with grand claims of this being the next big thing. Now 1/3 of your investment has evaporated and the price just keeps going down because no one is falling for the hype. Free survey coins should be released in a few days to people who will eagerly dump them regardless the price, not to mention the billions coins that will be slowly offloaded by the team to naive newbies. When will you cut your losses?
You were dazzled with a list of rich and famous who supposedly endorsed this project. None of the big names has publicly vouched for nokoin nor seem to be interested in speaking on its behalf. For them it was just one more cheap opportunity to make a small early investment, you know, just IN CASE it made it. When you buy some S&P 500 stocks doesn't mean you stand behind all 500 companies. When will you stop worshiping cardboard standups?
You were betrayed by the founder Dan Kaufman into believing that he is a respectable and trustworthy entrepreneur despite his past legal troubles of infecting millions of computers with spyware and other less-than-stellar ventures. It is public knowledge that his previous company called their users 'trailer cash'. Now he has your money and is nowhere to be heard or seen, only to hide behind fake accounts shilling at other forums. When will you learn to not trust someone with such a dismal track record?
You were hyped with fancy words like innovation and mass adoption, but all you got was a underwhelming re-packaged Peercoin fork with zero proven innovations that would make it stand out. You also got a purposely confusing qt wallet which indirectly forces you to stake all your coins by locking them online for long periods of time. When will you understand that with nokoin, lies and incompetence go hand in hand?
You were invited to join a forum that pretended to be friendly and open, yet those who dared to ask tough questions or expose facts were banned and their posts censored. You'll find as much respect for truth and free speech here as you will in North Korea. Kim Jong Un would be jealous of all the blind faith and mindless propaganda here. When will you stop drinking that Kool-Aid?
You were promised utility since day one, services that would accept nokoin from the start. One month after launch, there is absolutely nowhere to spend your useless coins except dump it in the only one exchange left that will take it [or risk Cryptsy going Mt. Gox]. When will stop waiting for the moon that never comes and realize that you are sinking?
You were impressed with claims of a professional marketing team that would take nokoin mainstream, despite it relying on someone who has been barely able to hold on to a job for the past decade. Now Mark is silently drowning and the only 'marketing' you see is ads and unconvincing paid articles that are laughed at by readers. Even Kourosh [one of the whitepaper authors] left nokoin months ago. When will you raise your threshold of self-deception?
You were fed tales of snowflakes and unicorns when you worried about all the delays, missed targets, anonymous off-shores and dodgy actions. Now you see the list of lies just keeps getting longer, the communication keeps getting even less substantial. When will you realize you've been ripped off by a serial internet crook?
You were told nokoin would gain wide popularity and this was a fantastic chance to jump in early. Oh my, you were even told it would get one million users in the first year!! Now everyday more and more presale buyers dump their coins and walk away in utter disappointment. Per usual, their posts are deleted here but you can read their thoughts at other forums. When will you also step up and say enough is enough?
The red flags are all in front of you, but when will you open your eyes??
Farewell nokoiners, may you be wiser and luckier in your future investments.
You were dazzled with a list of rich and famous who supposedly endorsed this project. None of the big names has publicly vouched for nokoin nor seem to be interested in speaking on its behalf. For them it was just one more cheap opportunity to make a small early investment, you know, just IN CASE it made it. When you buy some S&P 500 stocks doesn't mean you stand behind all 500 companies. When will you stop worshiping cardboard standups?
You were betrayed by the founder Dan Kaufman into believing that he is a respectable and trustworthy entrepreneur despite his past legal troubles of infecting millions of computers with spyware and other less-than-stellar ventures. It is public knowledge that his previous company called their users 'trailer cash'. Now he has your money and is nowhere to be heard or seen, only to hide behind fake accounts shilling at other forums. When will you learn to not trust someone with such a dismal track record?
You were hyped with fancy words like innovation and mass adoption, but all you got was a underwhelming re-packaged Peercoin fork with zero proven innovations that would make it stand out. You also got a purposely confusing qt wallet which indirectly forces you to stake all your coins by locking them online for long periods of time. When will you understand that with nokoin, lies and incompetence go hand in hand?
You were invited to join a forum that pretended to be friendly and open, yet those who dared to ask tough questions or expose facts were banned and their posts censored. You'll find as much respect for truth and free speech here as you will in North Korea. Kim Jong Un would be jealous of all the blind faith and mindless propaganda here. When will you stop drinking that Kool-Aid?
You were promised utility since day one, services that would accept nokoin from the start. One month after launch, there is absolutely nowhere to spend your useless coins except dump it in the only one exchange left that will take it [or risk Cryptsy going Mt. Gox]. When will stop waiting for the moon that never comes and realize that you are sinking?
You were impressed with claims of a professional marketing team that would take nokoin mainstream, despite it relying on someone who has been barely able to hold on to a job for the past decade. Now Mark is silently drowning and the only 'marketing' you see is ads and unconvincing paid articles that are laughed at by readers. Even Kourosh [one of the whitepaper authors] left nokoin months ago. When will you raise your threshold of self-deception?
You were fed tales of snowflakes and unicorns when you worried about all the delays, missed targets, anonymous off-shores and dodgy actions. Now you see the list of lies just keeps getting longer, the communication keeps getting even less substantial. When will you realize you've been ripped off by a serial internet crook?
You were told nokoin would gain wide popularity and this was a fantastic chance to jump in early. Oh my, you were even told it would get one million users in the first year!! Now everyday more and more presale buyers dump their coins and walk away in utter disappointment. Per usual, their posts are deleted here but you can read their thoughts at other forums. When will you also step up and say enough is enough?
The red flags are all in front of you, but when will you open your eyes??
Farewell nokoiners, may you be wiser and luckier in your future investments.
Nice summary... I believe most of all Neu-Investors already opened their eyes but hoping for a price-manipulation or some kind of miracle. Reason could be that they can't believe that the team behind will just let it go down and leave over some time.
The funny and at the same time sad aspect about such hopes is: The team had most probably just one strategy: "It will be big if we let it seem big." - self fulfilling prophecy/manipulation. So they have nothing to give since that did not work. They could buy the chart up, but they fear that too many would use it as opportunity to sell. In the end, the team would lose too much money.
So, the big question is: What will they do. And for now it looks like, that they'll do maybe some little moves to let it seem they're still on track and working with confidence, but in the end I believe, they'll leave in silence - if possible. The biggest mistake they've made is: They made time to an enemy.
Just as comparison: Factom...
"That means the supply of factoids is down by 3440.31567701 factoids. This is because until we get the full protocol up and running, and all the federated servers are in place, there is no inflation, no payments made to the servers. This is because we wish to be fair to the crowd sale, and also to give the protocol a chance to take hold and gain some growth in the use of the protocol before inflation sets in. When inflation does set in, it will be at a fixed rate of ~73000 tokens per month (10 percent of the crowdsale total each year)."
https://www.reddit.com/r/factom/comments/3ozje2/eli5_what_are_factom_selling_when_they_sell/
10% inflation, but zero inflation for now --> "to give the protocol a chance to take hold and gain some growth in the use of the protocol" and "because we wish to be fair to the crowd sale"
That's what professional Devs do. And who checks their github: https://github.com/FactomProject/
Last update 51 minutes ago and several updates everyday.
And Neucoin? Updates? https://github.com/NeuCoin/neucoin - 12 days ago. Irrational high inflation, started one day before launch. Nothing ready, not even a Block Explorer at launch.
And all that leads into the situation that there is no chance, because time is against the project. There is no time to grow, because they never could grow that fast as the inflation increases. 3,172,330,327 total supply. They can't give out the survey Coins but they have to do it, if they don't want to admit that their strategy is in fact no strategy.
I never saw a project like this one. It's paradox in many ways. So much greed and now everybody loses money. They wanted all the control and now they have to face a situation they can't control. They wanted to let it seem big, bigger than Bitcoin (in just one year), and I know several small projects with much more real value and a bigger community. They say it's longterm, but how should it be, if the inflation is that crushing that it's hard to survive the first 3 months. It's week four!
It's really insane. Neucoin was a greedy vision and now it's just a shadow.
October 20, 2015, 06:27:24 PM
My last post at the nokoin's forum gulag, let's see how long it lasts lol. I freely quoted many of you guys, hope you don't mind
Thank you all for exposing these type of traps that taint the whole crypto space. I'm sure many newbies would have lost money if not for all the facts you posted here!!
http://forum.neucoin.org/t/when-will-you-open-your-eyes/1980
Thank you all for exposing these type of traps that taint the whole crypto space. I'm sure many newbies would have lost money if not for all the facts you posted here!!
http://forum.neucoin.org/t/when-will-you-open-your-eyes/1980
Quote
You were duped into investing your hard earned money with grand claims of this being the next big thing. Now 1/3 of your investment has evaporated and the price just keeps going down because no one is falling for the hype. Free survey coins should be released in a few days to people who will eagerly dump them regardless the price, not to mention the billions coins that will be slowly offloaded by the team to naive newbies. When will you cut your losses?
You were dazzled with a list of rich and famous who supposedly endorsed this project. None of the big names has publicly vouched for nokoin nor seem to be interested in speaking on its behalf. For them it was just one more cheap opportunity to make a small early investment, you know, just IN CASE it made it. When you buy some S&P 500 stocks doesn't mean you stand behind all 500 companies. When will you stop worshiping cardboard standups?
You were betrayed by the founder Dan Kaufman into believing that he is a respectable and trustworthy entrepreneur despite his past legal troubles of infecting millions of computers with spyware and other less-than-stellar ventures. It is public knowledge that his previous company called their users 'trailer cash'. Now he has your money and is nowhere to be heard or seen, only to hide behind fake accounts shilling at other forums. When will you learn to not trust someone with such a dismal track record?
You were hyped with fancy words like innovation and mass adoption, but all you got was a underwhelming re-packaged Peercoin fork with zero proven innovations that would make it stand out. You also got a purposely confusing qt wallet which indirectly forces you to stake all your coins by locking them online for long periods of time. When will you understand that with nokoin, lies and incompetence go hand in hand?
You were invited to join a forum that pretended to be friendly and open, yet those who dared to ask tough questions or expose facts were banned and their posts censored. You'll find as much respect for truth and free speech here as you will in North Korea. Kim Jong Un would be jealous of all the blind faith and mindless propaganda here. When will you stop drinking that Kool-Aid?
You were promised utility since day one, services that would accept nokoin from the start. One month after launch, there is absolutely nowhere to spend your useless coins except dump it in the only one exchange left that will take it [or risk Cryptsy going Mt. Gox]. When will stop waiting for the moon that never comes and realize that you are sinking?
You were impressed with claims of a professional marketing team that would take nokoin mainstream, despite it relying on someone who has been barely able to hold on to a job for the past decade. Now Mark is silently drowning and the only 'marketing' you see is ads and unconvincing paid articles that are laughed at by readers. Even Kourosh [one of the whitepaper authors] left nokoin months ago. When will you raise your threshold of self-deception?
You were fed tales of snowflakes and unicorns when you worried about all the delays, missed targets, anonymous off-shores and dodgy actions. Now you see the list of lies just keeps getting longer, the communication keeps getting even less substantial. When will you realize you've been ripped off by a serial internet crook?
You were told nokoin would gain wide popularity and this was a fantastic chance to jump in early. Oh my, you were even told it would get one million users in the first year!! Now everyday more and more presale buyers dump their coins and walk away in utter disappointment. Per usual, their posts are deleted here but you can read their thoughts at other forums. When will you also step up and say enough is enough?
The red flags are all in front of you, but when will you open your eyes??
Farewell nokoiners, may you be wiser and luckier in your future investments.
You were dazzled with a list of rich and famous who supposedly endorsed this project. None of the big names has publicly vouched for nokoin nor seem to be interested in speaking on its behalf. For them it was just one more cheap opportunity to make a small early investment, you know, just IN CASE it made it. When you buy some S&P 500 stocks doesn't mean you stand behind all 500 companies. When will you stop worshiping cardboard standups?
You were betrayed by the founder Dan Kaufman into believing that he is a respectable and trustworthy entrepreneur despite his past legal troubles of infecting millions of computers with spyware and other less-than-stellar ventures. It is public knowledge that his previous company called their users 'trailer cash'. Now he has your money and is nowhere to be heard or seen, only to hide behind fake accounts shilling at other forums. When will you learn to not trust someone with such a dismal track record?
You were hyped with fancy words like innovation and mass adoption, but all you got was a underwhelming re-packaged Peercoin fork with zero proven innovations that would make it stand out. You also got a purposely confusing qt wallet which indirectly forces you to stake all your coins by locking them online for long periods of time. When will you understand that with nokoin, lies and incompetence go hand in hand?
You were invited to join a forum that pretended to be friendly and open, yet those who dared to ask tough questions or expose facts were banned and their posts censored. You'll find as much respect for truth and free speech here as you will in North Korea. Kim Jong Un would be jealous of all the blind faith and mindless propaganda here. When will you stop drinking that Kool-Aid?
You were promised utility since day one, services that would accept nokoin from the start. One month after launch, there is absolutely nowhere to spend your useless coins except dump it in the only one exchange left that will take it [or risk Cryptsy going Mt. Gox]. When will stop waiting for the moon that never comes and realize that you are sinking?
You were impressed with claims of a professional marketing team that would take nokoin mainstream, despite it relying on someone who has been barely able to hold on to a job for the past decade. Now Mark is silently drowning and the only 'marketing' you see is ads and unconvincing paid articles that are laughed at by readers. Even Kourosh [one of the whitepaper authors] left nokoin months ago. When will you raise your threshold of self-deception?
You were fed tales of snowflakes and unicorns when you worried about all the delays, missed targets, anonymous off-shores and dodgy actions. Now you see the list of lies just keeps getting longer, the communication keeps getting even less substantial. When will you realize you've been ripped off by a serial internet crook?
You were told nokoin would gain wide popularity and this was a fantastic chance to jump in early. Oh my, you were even told it would get one million users in the first year!! Now everyday more and more presale buyers dump their coins and walk away in utter disappointment. Per usual, their posts are deleted here but you can read their thoughts at other forums. When will you also step up and say enough is enough?
The red flags are all in front of you, but when will you open your eyes??
Farewell nokoiners, may you be wiser and luckier in your future investments.
Good one Kim...
And it's gone.
Removed by Darteous.
(or new secret team member acorn, http://forum.neucoin.org/users/acorn/activity)
They both on private thread at the time of censorship.
Oh, or sday, another new mod? http://forum.neucoin.org/users/sday/activity
He also privvy to private discussions.
October 20, 2015, 06:01:40 PM
My last post at the nokoin's forum gulag, let's see how long it lasts lol. I freely quoted many of you guys, hope you don't mind
Thank you all for exposing these type of traps that taint the whole crypto space. I'm sure many newbies would have lost money if not for all the facts you posted here!!
http://forum.neucoin.org/t/when-will-you-open-your-eyes/1980
Thank you all for exposing these type of traps that taint the whole crypto space. I'm sure many newbies would have lost money if not for all the facts you posted here!!
http://forum.neucoin.org/t/when-will-you-open-your-eyes/1980
Quote
You were duped into investing your hard earned money with grand claims of this being the next big thing. Now 1/3 of your investment has evaporated and the price just keeps going down because no one is falling for the hype. Free survey coins should be released in a few days to people who will eagerly dump them regardless the price, not to mention the billions coins that will be slowly offloaded by the team to naive newbies. When will you cut your losses?
You were dazzled with a list of rich and famous who supposedly endorsed this project. None of the big names has publicly vouched for nokoin nor seem to be interested in speaking on its behalf. For them it was just one more cheap opportunity to make a small early investment, you know, just IN CASE it made it. When you buy some S&P 500 stocks doesn't mean you stand behind all 500 companies. When will you stop worshiping cardboard standups?
You were betrayed by the founder Dan Kaufman into believing that he is a respectable and trustworthy entrepreneur despite his past legal troubles of infecting millions of computers with spyware and other less-than-stellar ventures. It is public knowledge that his previous company called their users 'trailer cash'. Now he has your money and is nowhere to be heard or seen, only to hide behind fake accounts shilling at other forums. When will you learn to not trust someone with such a dismal track record?
You were hyped with fancy words like innovation and mass adoption, but all you got was a underwhelming re-packaged Peercoin fork with zero proven innovations that would make it stand out. You also got a purposely confusing qt wallet which indirectly forces you to stake all your coins by locking them online for long periods of time. When will you understand that with nokoin, lies and incompetence go hand in hand?
You were invited to join a forum that pretended to be friendly and open, yet those who dared to ask tough questions or expose facts were banned and their posts censored. You'll find as much respect for truth and free speech here as you will in North Korea. Kim Jong Un would be jealous of all the blind faith and mindless propaganda here. When will you stop drinking that Kool-Aid?
You were promised utility since day one, services that would accept nokoin from the start. One month after launch, there is absolutely nowhere to spend your useless coins except dump it in the only one exchange left that will take it [or risk Cryptsy going Mt. Gox]. When will stop waiting for the moon that never comes and realize that you are sinking?
You were impressed with claims of a professional marketing team that would take nokoin mainstream, despite it relying on someone who has been barely able to hold on to a job for the past decade. Now Mark is silently drowning and the only 'marketing' you see is ads and unconvincing paid articles that are laughed at by readers. Even Kourosh [one of the whitepaper authors] left nokoin months ago. When will you raise your threshold of self-deception?
You were fed tales of snowflakes and unicorns when you worried about all the delays, missed targets, anonymous off-shores and dodgy actions. Now you see the list of lies just keeps getting longer, the communication keeps getting even less substantial. When will you realize you've been ripped off by a serial internet crook?
You were told nokoin would gain wide popularity and this was a fantastic chance to jump in early. Oh my, you were even told it would get one million users in the first year!! Now everyday more and more presale buyers dump their coins and walk away in utter disappointment. Per usual, their posts are deleted here but you can read their thoughts at other forums. When will you also step up and say enough is enough?
The red flags are all in front of you, but when will you open your eyes??
Farewell nokoiners, may you be wiser and luckier in your future investments.
You were dazzled with a list of rich and famous who supposedly endorsed this project. None of the big names has publicly vouched for nokoin nor seem to be interested in speaking on its behalf. For them it was just one more cheap opportunity to make a small early investment, you know, just IN CASE it made it. When you buy some S&P 500 stocks doesn't mean you stand behind all 500 companies. When will you stop worshiping cardboard standups?
You were betrayed by the founder Dan Kaufman into believing that he is a respectable and trustworthy entrepreneur despite his past legal troubles of infecting millions of computers with spyware and other less-than-stellar ventures. It is public knowledge that his previous company called their users 'trailer cash'. Now he has your money and is nowhere to be heard or seen, only to hide behind fake accounts shilling at other forums. When will you learn to not trust someone with such a dismal track record?
You were hyped with fancy words like innovation and mass adoption, but all you got was a underwhelming re-packaged Peercoin fork with zero proven innovations that would make it stand out. You also got a purposely confusing qt wallet which indirectly forces you to stake all your coins by locking them online for long periods of time. When will you understand that with nokoin, lies and incompetence go hand in hand?
You were invited to join a forum that pretended to be friendly and open, yet those who dared to ask tough questions or expose facts were banned and their posts censored. You'll find as much respect for truth and free speech here as you will in North Korea. Kim Jong Un would be jealous of all the blind faith and mindless propaganda here. When will you stop drinking that Kool-Aid?
You were promised utility since day one, services that would accept nokoin from the start. One month after launch, there is absolutely nowhere to spend your useless coins except dump it in the only one exchange left that will take it [or risk Cryptsy going Mt. Gox]. When will stop waiting for the moon that never comes and realize that you are sinking?
You were impressed with claims of a professional marketing team that would take nokoin mainstream, despite it relying on someone who has been barely able to hold on to a job for the past decade. Now Mark is silently drowning and the only 'marketing' you see is ads and unconvincing paid articles that are laughed at by readers. Even Kourosh [one of the whitepaper authors] left nokoin months ago. When will you raise your threshold of self-deception?
You were fed tales of snowflakes and unicorns when you worried about all the delays, missed targets, anonymous off-shores and dodgy actions. Now you see the list of lies just keeps getting longer, the communication keeps getting even less substantial. When will you realize you've been ripped off by a serial internet crook?
You were told nokoin would gain wide popularity and this was a fantastic chance to jump in early. Oh my, you were even told it would get one million users in the first year!! Now everyday more and more presale buyers dump their coins and walk away in utter disappointment. Per usual, their posts are deleted here but you can read their thoughts at other forums. When will you also step up and say enough is enough?
The red flags are all in front of you, but when will you open your eyes??
Farewell nokoiners, may you be wiser and luckier in your future investments.
October 20, 2015, 03:18:22 PM
But nokoin couldn't even get ONE crap game at launch.
Or even now 4 weeks later.
THAT say's a lot more.
you forgot http://www.getneucoin.com/ which seem to be developed by http://www.ACNE.se/
was that the first game ?
lol
http://www.ACNE.se/ makes sense:
NeuCoin Angels
[...]
Ori Mace
CEO of leading web agency Acne Digital, founder and former Chief Creative Officer of leading Swedish web agency Starsky, acquired by top ad agency network McCann.
[...]
Jonas Svensson
Owner of MondoMedia, YouTube’s number one animation channel. Chairman of Talent Inc. Co-founder of the Spray group, including pan-European interactive agency network Spray, which merged with Razorfish (where Jonas also served as EVP and Vice Chairman) and listed on NASDAQ as the world's largest interactive services firm with an eventual $5B valuation, and Spray Network (pan-European portal sold to Lycos Europe for $572M); co-founder of Lovefilm, the Netflix of Europe, acquired by Amazon. Former owner and board member of Hyper Island, former Chairman of Acne.
[...]
[...]
Ori Mace
CEO of leading web agency Acne Digital, founder and former Chief Creative Officer of leading Swedish web agency Starsky, acquired by top ad agency network McCann.
[...]
Jonas Svensson
Owner of MondoMedia, YouTube’s number one animation channel. Chairman of Talent Inc. Co-founder of the Spray group, including pan-European interactive agency network Spray, which merged with Razorfish (where Jonas also served as EVP and Vice Chairman) and listed on NASDAQ as the world's largest interactive services firm with an eventual $5B valuation, and Spray Network (pan-European portal sold to Lycos Europe for $572M); co-founder of Lovefilm, the Netflix of Europe, acquired by Amazon. Former owner and board member of Hyper Island, former Chairman of Acne.
[...]
Who tracks the bonuses the almighty foundations give away? All centrally planned economies open the floodgates to corruption and favoritism.
How is it handled?
How is it handled?
April25 (shortly before presale): $1.5 million
http://web.archive.org/web/20150425030417/http://www.neucoin.org/en/wiki/#funding
September07 (shortly before launch): $1.2 million
Funding and Expenditures
By the time of launch, NeuCoin’s three non-profit foundations will be funded with 2.4 billion NeuCoins and at least $1.2 million (enough fiat currency to cover their first year cash expenditures).
By the time of launch, NeuCoin’s three non-profit foundations will be funded with 2.4 billion NeuCoins and at least $1.2 million (enough fiat currency to cover their first year cash expenditures).
Now: $1 million
http://www.neucoin.org/en/wiki/#funding
October 20, 2015, 02:41:15 PM
Now that the coin has been released for a while, we can add yet another failed promise to the already long list of nokoin lies
- Auctions for gift cards for NeuCoin - giving users a useful way to shop at brand name merchants like Amazon, iTunes, Google Play and Zynga from day one.
This promise was (silently) abandoned between May 11 and May 13 (after the presale of course...):
May 11:
http://web.archive.org/web/20150511052215/http://www.neucoin.org/en/wiki/
May 13:
http://web.archive.org/web/20150513205601/http://www.neucoin.org/en/wiki/
October 20, 2015, 02:37:52 PM
^
Indeed.
James mod just said,
"......The coin has just started, people are spreading a lot of FUD & negativity about the project in order to kill the coin before it has an opportunity to put out it's first game......."
http://forum.neucoin.org/t/neucoin-price-down/1962/25
The more revealing point is,
OVER one and a half years in development,
SUPER professional team,
2.25m dollar funds,
WORLDWIDE contacts,
MASSIVE list of names.
But nokoin couldn't even get ONE crap game at launch.
Or even now 4 weeks later.
THAT say's a lot more.
Indeed.
James mod just said,
"......The coin has just started, people are spreading a lot of FUD & negativity about the project in order to kill the coin before it has an opportunity to put out it's first game......."
http://forum.neucoin.org/t/neucoin-price-down/1962/25
The more revealing point is,
OVER one and a half years in development,
SUPER professional team,
2.25m dollar funds,
WORLDWIDE contacts,
MASSIVE list of names.
But nokoin couldn't even get ONE crap game at launch.
Or even now 4 weeks later.
THAT say's a lot more.
Yes this exactly. It basically come down to the Neucoin team being incompetent. If the Neucoin community members can come out with things much better than the actual team (without even being paid for it), then how do they expect to earn trust or respect?
Competence- Neucoin Community Member- Getting a beautiful blockchain explorer a few days after launch
Incompetence- Neucoin Team- Getting a simple blockchain explorer (with limited info) a month after launch
Competence- Neucoin Community Member- Getting a fully integrated html5 game website that uses tokens that will be replaced with neucoin once the api is released
Incompetence-Neucoin Team- Not being able to send free neucoins to users who complete their quiz.
Competence-Neucoin Community Member-Creating a whole API developer kit for websites and games
Incompetence-Neucoin Team- No API or any website about an API available for developers who are interested.
The member, myhash who made getneu.com and payneu.com is brilliant. He had the idea in May, and released the websites in June. I'm super super surprised Neucoin just didn't partner with him and ask him to make something integrated upon release. Again... incompetence... they probably didn't even think of that.
October 20, 2015, 02:17:50 PM
But nokoin couldn't even get ONE crap game at launch.
Or even now 4 weeks later.
THAT say's a lot more.
you forgot http://www.getneucoin.com/ which seem to be developed by http://www.ACNE.se/
was that the first game ?
lol
October 20, 2015, 01:15:54 PM
^
Indeed.
James mod just said,
"......The coin has just started, people are spreading a lot of FUD & negativity about the project in order to kill the coin before it has an opportunity to put out it's first game......."
http://forum.neucoin.org/t/neucoin-price-down/1962/25
The more revealing point is,
OVER one and a half years in development,
SUPER professional team,
2.25m dollar funds,
WORLDWIDE contacts,
MASSIVE list of names.
But nokoin couldn't even get ONE crap game at launch.
Or even now 4 weeks later.
THAT say's a lot more.
Indeed.
James mod just said,
"......The coin has just started, people are spreading a lot of FUD & negativity about the project in order to kill the coin before it has an opportunity to put out it's first game......."
http://forum.neucoin.org/t/neucoin-price-down/1962/25
The more revealing point is,
OVER one and a half years in development,
SUPER professional team,
2.25m dollar funds,
WORLDWIDE contacts,
MASSIVE list of names.
But nokoin couldn't even get ONE crap game at launch.
Or even now 4 weeks later.
THAT say's a lot more.
October 20, 2015, 12:50:23 PM
Let's have another look at the distribution on bittrex:
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
24 hours later,
Top account now 3,490,000.
That's +120k nokoin in 24 hours.
24 hour Bitcoin volume 3.75
That equals ALL sales in last 24 hours.
NOBODY else is buying.
Survey nokoin "released by 23 Oct."
The nokoin team have got 48 hours to get nokoin delivered to the people or fail to fulfil this promise.
Also 11 million nokoin become unrestricted for the "team" on 23 Oct.
(also more unspoken founder nokoin will be available 6m+?)
Busy day 23 Oct.
Nokoin price 23 Oct? Very low. Unless nokoin buy it ALL back, and sell NONE of their own.
(as Tempus said, can the unrestricted nokoin be controlled? Will there be any trust between the nokoin "team"? will it be a race to sell?)
I don't think the survey nokoin release will happen in it's present form. It's futile.
Either it will be "delayed due to technical problems"
Or downgraded. 1000 free nokoin becomes 100 free nokoin,
Or, I personally think there is a high chance, nokoin is about to be called off. Finished.
I'm not sure if Neucoin is still under development. They're still there but maybe tendentially leaving. Could be that some already abandoned.
Regarding the market: There is no way to do something right. If they give out the survey-coins they have to decide if they want to buy back huge amounts on the exchanges, what means losing BTC, or if they want to watch the price go down like a stone. If they don't give them out, they would have to explain that - and they could. There are obvious reasons to hold them back. But it would make also obvious that the whole distribution-strategy is a fail. It would take off the base of their own strategy and raise some questions they would've to answer. And every answer and every explanation would be about "future"... and "our plan is" and "soon" and under the line it would be like Paycoin 2.0 but without the thousands of believers. It's highly doubtful that there is a user-growth, more the opposite.
And maybe it's sad for those who still support Neucoin and bought into the ICO, but when it comes to FUD... they really should ask who causes more fear, uncertainty and doubt? BTC-User like you or me and some others, or the Neucoin-team itself? I would be concerned about the silence, about zero updates, about unanswered questions, about the lack of transparency and the lack of strategy and so on.
October 20, 2015, 12:30:21 PM
Let's have another look at the distribution on bittrex:
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
24 hours later,
Top account now 3,490,000.
That's +120k nokoin in 24 hours.
24 hour Bitcoin volume 3.75
That equals ALL sales in last 24 hours.
NOBODY else is buying.
(sorry, Kay5ive is buying on cryptsy, he can't get the TWO nokoin he purchased, http://forum.neucoin.org/t/seen-neucoin-listed-in-bittrex-and-cryptsy/1765/31)
Survey nokoin "released by 23 Oct."
The nokoin team have got 48 hours to get nokoin delivered to the people or fail to fulfil this promise.
Also 11 million nokoin become unrestricted for the "team" on 23 Oct.
(also more unspoken founder nokoin will be available 6m+?)
Busy day 23 Oct.
Nokoin price 23 Oct? Very low. Unless nokoin buy it ALL back, and sell NONE of their own.
(as Tempus said, can the unrestricted nokoin be controlled? Will there be any trust between the nokoin "team"? will it be a race to sell?)
I don't think the survey nokoin release will happen in it's present form. It's futile.
Either it will be "delayed due to technical problems"
Or downgraded. 1000 free nokoin becomes 100 free nokoin,
Or, I personally think there is a high chance, nokoin is about to be called off. Finished.
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