[ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 46.

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: rizzlarolla on October 10, 2015, 08:55:54 AM

Quote from: tempus on October 10, 2015, 08:00:04 AM

Quote from: jonald_fyookball on October 10, 2015, 07:37:43 AM

new low was hit on cryptsy .000029.

down we go!

who is going down with the ship?

Next target .00002 for a nice 50% loss.

This is interesting:

I'm starting to suspect the price is going to go pretty low. I think when the survey coins are distributed it will go below 3k at least.

http://forum.neucoin.org/t/future-price-preditions-and-dates/1883/6

Didn't think about that yet, but kind funny is: If they give out all the free coins they'll have to buy it on the market. ;-)

"Easy to get and free to try" - BS

Now they seem too afraid to release any free coin.
What of the freemium strategy now.
"Direct to consumers: 300 million - 750 million NeuCoins" in the first year.
Up to 15m per week, free, just to consumers.

getnokoin.com, not giving.
referral scheme, not activated.
survey nokoin, withheld.

What a joke, what comedy.
Release the free nokoin!

Yes... it's comedy-karma. ;-) Greed can lead into a nice trap. If they do what promised it will hurt the price more and they'll have to buy back with BTC the NEU's they give for free. If they hold it all back, there will be no distribution and they broke some promises.

It's a lose-lose-situation. I believe that they know that. There are not that much signs for confidence from the team behind. I'm eager to see which door they'll take. Most likely a slow "letting it die".

rizzlarolla

hero member

Activity: 812

Merit: 1001

Quote from: tempus on October 10, 2015, 08:00:04 AM

Quote from: jonald_fyookball on October 10, 2015, 07:37:43 AM

new low was hit on cryptsy .000029.

down we go!

who is going down with the ship?

Next target .00002 for a nice 50% loss.

This is interesting:

I'm starting to suspect the price is going to go pretty low. I think when the survey coins are distributed it will go below 3k at least.

http://forum.neucoin.org/t/future-price-preditions-and-dates/1883/6

Didn't think about that yet, but kind funny is: If they give out all the free coins they'll have to buy it on the market. ;-)

"Easy to get and free to try" - BS

Now they seem too afraid to release any free coin.
What of the freemium strategy now.
"Direct to consumers: 300 million - 750 million NeuCoins" in the first year.
Up to 15m per week, free, just to consumers.

getnokoin.com, not giving.
referral scheme, not activated.
survey nokoin, withheld.

What a joke, what comedy.
Release the free nokoin!

marthagriffin

newbie

Activity: 59

Merit: 0

coins from presale distributed to all early adopters?

tempus

legendary

Activity: 1960

Merit: 1128

Quote from: jonald_fyookball on October 10, 2015, 07:37:43 AM

new low was hit on cryptsy .000029.

down we go!

who is going down with the ship?

Next target .00002 for a nice 50% loss.

This is interesting:

I'm starting to suspect the price is going to go pretty low. I think when the survey coins are distributed it will go below 3k at least.

http://forum.neucoin.org/t/future-price-preditions-and-dates/1883/6

Didn't think about that yet, but kind funny is: If they give out all the free coins they'll have to buy it on the market. ;-)

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

new low was hit on cryptsy .000029.

down we go!

who is going down with the ship?

Next target .00002 for a nice 50% loss.

pineapples

legendary

Activity: 1204

Merit: 1000

to your stations, man the pineapples!!!

Code:

if (block.GetBlockTime() + STAKE_SPLIT_AGE > txNew.nTime)
txNew.vout.push_back(CTxOut(0, scriptPubKeyOut)); //split stake

this actually looks it will only split the input if it's over the time limit. not under.
else it will combine inputs to the combine threshold

curious. i always thought it was under

this is another version

Code:

if (GetWeight(block.GetBlockTime(), (int64_t)txNew.nTime) < nStakeSplitAge)
txNew.vout.push_back(CTxOut(0, scriptPubKeyOut)); //split stake

perhaps i just dont c++ enough

pineapples

legendary

Activity: 1204

Merit: 1000

to your stations, man the pineapples!!!

Quote from: redfish64 on October 09, 2015, 06:50:59 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.

that's standard POS
if you have 2 inputs that are weighty enough you will have twice as much likelihood of staking.
- which means if one stakes, then you still have an input that is ready to stake and should do so,

in a healthy staking network
when your large input is divided into 8 inputs, those 8 inputs should give you roughly the same return over the same time frame as 1 input.
obviously there will be differnt timing involved as all inputs will take random time to actually stake

edit.
after some consideration i'm thinking i'm not talking about the same thing.

because there wallet will end up staking once /45 days all the inputs will end up much smaller hence they will receive less compound interest due to their entire balance staking less often than possible.

i think i agree with you

i dont know of their motivations though, so perhaps either they are fine with not raping the staking or they are running different code

the code in question is wallet specific and the blockchain couldnt care less about these values, so they may well be aware of the issues and running a different code.
it would be easy to set the split time for anything you want.

.
i think you make it fairly clear what you mean in the last post on that thread.

thoth-Atlantian

hero member

Activity: 924

Merit: 1000

I AM

Despite the negativity I like what I am reading, I have seen Neucoin logo everywhere.
Maybe it wont be all it wants to be but if the devs are holding all the coins they will want to pump it to sell. or are playing silent to accumulate more
Probably worth buying as few if the price is right ..

rizzlarolla

hero member

Activity: 812

Merit: 1001

Quote from: darteous on October 09, 2015, 05:25:30 PM

Gosh it's bleak in here, spent the last couple hours catching up the last week and a half of posts.

I wasn't suggesting a fake. But one that gave a better ideal of how coins are distributed in the available market.

Though it hasn't turned out as I'd expected, neucoin still has potential. As long as that is the case I will be a mod and speak in its defense. Though I am a bit concerned.

P.S. I did not run away from neucoin. I have a bit more dignity than to simply disappear. I was busy trailing in the mountains and now I'm back in my hometown getting back into the swing of things here. I've been away from my hometown awhile.

A bit concerned?

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

Quote from: redfish64 on October 09, 2015, 06:50:59 AM

Quote from: scam confirmed on October 09, 2015, 05:31:52 AM

Quote from: sirazimuth on October 08, 2015, 08:26:24 PM

so i cancelled my growth account and my coins have vanished . no coins transferred to my wallet. no transaction showing. WTF?
Oh i know, the transaction and coins will show up as soon as the price tanks another 50% or so. So i should see them shortly.

This just shows their incompetence.

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.

well to be fair my coins did finally arrive after 12 hours with an email explaining and i quote
"You now have been credited your NeuCoins. Our system requires manual approval of outgoing transactions every once in a while, hence the delay.
Sorry for the inconvenience."

glad i got outta that mess without too much of a loss. live and learn

darteous

newbie

Activity: 58

Merit: 0

Gosh it's bleak in here, spent the last couple hours catching up the last week and a half of posts.

I wasn't suggesting a fake. But one that gave a better ideal of how coins are distributed in the available market.

Though it hasn't turned out as I'd expected, neucoin still has potential. As long as that is the case I will be a mod and speak in its defense. Though I am a bit concerned.

P.S. I did not run away from neucoin. I have a bit more dignity than to simply disappear. I was busy trailing in the mountains and now I'm back in my hometown getting back into the swing of things here. I've been away from my hometown awhile.

rizzlarolla

hero member

Activity: 812

Merit: 1001

Quote from: microteam on October 09, 2015, 04:01:42 PM

NeuCoin NEU market will be removed from alcurEX very soon.
Please cancel all your NEU orders and withdraw NEU coins.

Thank you
halibit
alcurEX exchange

Thanks for that good news.

Did you think anyone would want this scammy shitcoin.
or, was it the ~~bribe~~ "utility payment"?

microteam

newbie

Activity: 52

Merit: 0

NeuCoin NEU market will be removed from alcurEX very soon.
Please cancel all your NEU orders and withdraw NEU coins.

Thank you
halibit
alcurEX exchange

mably

sr. member

Activity: 381

Merit: 266

Quote from: LiQio on October 09, 2015, 02:08:11 PM

Now huey (the creator of the block explorer, a task the neucon regime is not able to accomplish) is encouraged to create a "faked" block explorer rich list and has to defend the reality.

http://forum.neucoin.org/t/neucoin-block-explorer/1806/18

Liked huey's post.

LiQio

legendary

Activity: 1181

Merit: 1002

Now huey (the creator of the block explorer, a task the neucon regime is not able to accomplish) is encouraged to create a "faked" block explorer rich list and has to defend the reality.

http://forum.neucoin.org/t/neucoin-block-explorer/1806/18

rizzlarolla

hero member

Activity: 812

Merit: 1001

^

"Beware of he who would deny you access to information, for in his heart, he dreams himself your master."

Very fitting for this nokoin thread.
Information DENIED.

Elokane

hero member

Activity: 817

Merit: 1000

Truth is a consensus among neurons www.synereo.com

Quote from: tempus on October 09, 2015, 06:07:51 AM

Synereo:

Quote

Who is Synereo?
Synereo has completely distributed server software running on a user’s local machine that is capable of creating an Internet network without relying on any central entity. On it, Synereo is developing a fully decentralized and distributed, next-gen social platform. Synereo’s mission is to provide a global solution for decentralized communications and content distribution, also allowing applications to tap into its decentralized social graph. Synereo’s smart contract mechanism and attention economy principles provide content creators with unparalleled benefits, facilitating content distribution and monetization devoid of middlemen. Learn more at Synereo.com.
http://blog.factom.org/post/116727809969/synereo-factom-announce-partnership
http://www.synereo.com

They partnered with factom which I mentioned in an earlier post.

I don't mention those projects to make PR for it. But if we compare those projects, and there are a lot more of that kind (the biggest one is most likely Ethereum which could be anything), we see philosophy and passion and highly skilled Developers. They also have big names behind it (first of all factom) and money backing. What do we see in Neucoin? Nothing (but greed)... it's just a copy-cat-headline without anything behind it. They're talking about easy-to-use but that's just an argument to build an awful QT to bind peoples money into the growth-accounts. They talk about "non-profit" and "transparency" but with every move they show the opposite.

And I think, those who bought into it should think about it. There is nothing new in Neucoin, nothing which could be called innovative. Just some weird strategies to get peoples money. And it obviously doesn't work out, which is a very positive sign. ;-)

I invite you all to join Synereo's community, where we develop real solutions and tools for the decentralized Internet.
https://bitcointalksearch.org/topic/ann-amp-the-currency-that-powers-your-attention-on-synereo-995987
slack.synereo.com

TibanneCat

full member

Activity: 210

Merit: 100

BTC > etc

and Nokoin keeps getting slaughtered... LOL

Nokoin bag holders, how are you enjoying your 20% loss so far???
Now just wait till all those free survey coins are released and dumped, in like 2 weeks??
For your sake I hope Danny boy burns more of that presale btc on buy walls to keep the price from completely tanking

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

Quote from: Sandrine89 on February 03, 2015, 10:20:13 AM

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.

Who needs FUD when you've got the nokoin team shooting themselves on the feet all the time??

Quote from: jonald_fyookball on October 09, 2015, 07:42:58 AM

Yep, Neucoin was never about solving anyone's problem or creating value, its just opportunism. Kind of like Direct Revenue.
Enjoy the millions you've "earned", Dan. It doesn't look like the world wants to give you any more.

The only "value" created is the money they manage to extract from the people they call "trailer cash"

hoian0809

legendary

Activity: 1020

Merit: 1000

Quote from: YOLOMAN on October 09, 2015, 06:58:10 AM

I got 2k Neucoin from completing surveys when will i receive them?

You will receive your NeuCoins within one month after the digital currency launches. Maybe you have to wait until later this month Grin

scam confirmed

hero member

Activity: 630

Merit: 500

Quote from: tempus on October 09, 2015, 07:21:50 AM

Quote from: redfish64 on October 09, 2015, 06:50:59 AM

Quote from: scam confirmed on October 09, 2015, 05:31:52 AM

Quote from: sirazimuth on October 08, 2015, 08:26:24 PM

so i cancelled my growth account and my coins have vanished . no coins transferred to my wallet. no transaction showing. WTF?
Oh i know, the transaction and coins will show up as soon as the price tanks another 50% or so. So i should see them shortly.

This just shows their incompetence.

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.

Revealing:

"The issue is that the reason for this security measure hasn't been well documented, so we can only guess what Sunny King had in mind."

They've worked 1 1/2 year on the project and they have to guess. I have no abilities to code and no deeper understanding of the tech, but I bet it wouldn't need too long that I would have some answers. I would ask in the peercoin-forum and/or pm Sunny King or open in BCT or a Dev I know... And they have to guess about the code they're using.

https://github.com/ppcoin/ppcoin/commit/720f007714e9f24d10a1f46726fe9f8f56163fbf

Quote

+ // The following split & combine thresholds are important to security
+ // Should not be adjusted if you don't understand the consequences

They didn't adjust it because they don't understand the consequences Grin

Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 46. (Read 196217 times)