Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 76. (Read 196221 times)

Another NoKoin Strategic Plan Inconsistency 


vs.

where did liqio ever say that
.??

Neucoin's distribution plan says exchanges will have the same restrictions as the angel investors and insiders - so they can dump.



Because they want to earn $$$. Why should exchanges speculate by hoarding cryptocurrency? Speculation isn't their business.



Granted.  Maybe they'll use their NoKoins to generate fake exchange volume to get even more NoKoins to dump.

Sale restriction coin released at 2% per month.

First year average coin released per month to "insiders"
200m founding team. - 6m per month = $60k
200m angels,            - 6m per month = $60k
100m seed,               - 3m per month = $30k
300m founders,          - 9m per month = $90k *
* assumed @2% per month. no details from neucoin. could be much higher?
 
Total monthly average released coin, 24m = $240,000 per month.

Second year figures are way over double first year.
Ditto year 3.
 
approx figures. presale prices.
(btw, 3bn coin -800m restricted coin -100m coin presale = 2.1 bn coin for foundation, not 2.4bn. thats a double spend?)

neucoin project have been invited to clarify.

Neucoin's distribution plan says exchanges will have the same restrictions as the angel investors and insiders - so they can't dump.

And why would they even want to? With more Neucoin bonuses based on volume, let alone their commissions based business model, they're better off with Neucoin being a long term success.

I don't think there will be any pump, nor dump.

I agree with LiQio, this will be a long, steady rise in value.

Guess who will one of the biggest dumpers on nokoins?

The exchanges being bribed in neucoins to list them!

Maybe they will have a restriction period,but that won't last forever.
Maybe other exchanges will require real money payment but
that will only incentivize Dan to get his money back elsewhere.

He won't prop up the price forever.

someone will be left holding the bag. just don't let it be you.

I know.

They will never give us the free coins. When we dump it, nobody will buy it lol.

super easy is super important. NEU is targeting mobile games and social media. not crypto.

it's a good list. I use cryptsy and I like it. but probably important to have china covered as well.

11 days to launch for Neucoin  Can't wait.

I'm not arguing that both will happen, I'm asking which scenario justifies this meaningless $2,25m figure.
You over simplify. neucoin need not go up ln price to achieve $40m payout, thats at presale price, and founders still get $2.25m even at very much lower price.
They will be paid well even at price levels were "investors" make big losses. (my favoured scenario)


We are told,

Coin holdings restricted for use or sale
First of all, unlike any other cryptocurrency project, all members of the founding team, angel investors, and service providers of the NeuCoin Project have agreed to the imposition of use and sale restrictions on the NeuCoin tokens they have received or will receive. Restricted coins become unrestricted according to the following schedule:

2% of holdings per month in the first year,
3% per month in year two
4% per month in year three
5% per month in year four
6% per month in year five
After year five, all restrictions expire
http://forum.neucoin.org/t/how-the-neucoin-community-can-monitor-the-foundations-and-teams-neucoin-token-holdings-over-time/1526

ok, we can work out that this comes to $25m presale value approx (In the first 3yrs. Year 3 to year 5 not included)
But this does not include "founders" coin. (It does includes "founding team" coin, confusing isn't it?)

The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch...
http://www.neucoin.org/en/wiki/#role-of-founders-amp-team

We need %release 3yr plan for "founders" as above so it is "transparent" as claimed.
My best guess at the moment is that the "3oom neucoin" turn into $15m at presale price. (over 3 yr)
I explained how I calculated this figure.

$15m +$25m = $40m in three years?

Then we can more accurately decide for ourselves what the price of neucoin is likely to be. We can add this to the possible 1,865,000,000 given away in year 1, $18.65m presale value. (That now equals about 2.5 presales per month Investors must compete against in the market. Is 0.01 presale price sustainable?)
neucoin have not clarified, don't they want us to clearly see how much of a drain this will be on neucoin price?

Oh rizzla... you're rambling again... make up your mind.

EITHER
neucoins will hold or increase their value and the neucoin team will make a lot of money - as will any other neucoin holder!

OR
nobody is buying and the neucoins won't be worth anything and the neucoin team along with all other neucoin holders won't make any money.

rizzla dear, you can't argue that both things will be happening at the same time.

I am supposed to get free koinz. when can I dump them

Good Evening Rizzlarolla! Hope you've had a pleasant Friday night, perhaps a couple of sherbets down the boozer with Mrs Rizzlarola? Send her my best!

I'm just asking this for question for about the fifth time as you seem to have missed it every previous time I've asked!

Why did you set up an account back in April to specifically and exclusively rubbish every facet of Neucoin? Why do you hate it so much?

You don't have much in the way of credibility, ignoring me isn't giving you any more!

arcanin, "But hey, telling that would kill the FUD, right?"

So I will ask again.

over 3 years, will the "team/angels/founders/founding team" receive approx 4bn neucoin ? ($40m at presale value, additional payments from year 3 to year 5 excluded)

Will founders "300m neucoin at launch for $2.25m work after launch" equate to approx 1.5bn neucoin? ($15m at presale value)
(No details on founder payment plan, so I have presumed the "additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch " will be paid at 2%yr 1, 4%yr 2, 6%yr 3. then final settlement)

Is an email voting system adequate to trigger 200m neucoin payment to founders?
From the wiki "Note that if the foundations fail to institute the voting mechanism described below within one year of launch, the founders forfeit their rights to receive the remaining 200 million coins." - I see no description below?


Of course, if neucoin does gradually lose value over 3 yrs to 0.00015, then founders may receive around $2.25m worth neucoin over that 3 year period for their "2.25m worth of work over 3yr" (my best guesstimate)
Is that what is expected.

It's a madhouse! A MADHOUSE!!!

https://www.youtube.com/watch?v=VFCM6TZgTMI

And the sock-puppet proliferation continues!! This must be the highest number of shill accounts created for any alt so far, good job nokoin!

Do you honestly think potential buyers out there will be fooled by all these muppets??
What kind of legit businessman avoids using his real account and instead creates multiple fake accounts to attack critics? Why not prove the "trolls" wrong by answering in a honest and transparent manner?
Better yet, let's just see how this coin fares in adoption and approval after launch
Certainly no one can argue against proven facts

Meanwhile all this shilling just reeks of desperation and sleaziness

Soon enough it will just be a bunch of muppets "talking" to each other here, very exciting 

I don't care about YOU!