Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 88. (Read 196191 times)
September 09, 2015, 07:03:32 AM
So it was a bullshit?
September 09, 2015, 05:52:56 AM
The main issue here I think is really that: we 'the 99%' only have access to around 5% of all NeuCoin whereas you 'the 1%' have access to around 95% of all NeuCoin.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
September 08, 2015, 06:40:24 PM
September 08, 2015, 06:04:53 PM
So, the long awaited, never knew it was comming, Beta test net has been running over a week.
GREAT NEWS for the Mods. They have waited so long, fought so hard for neucoin,...
Now they can try it for real, you'd think they would be PRETTY HAPPY right now.
I'm not hearing it.
neucoin can send all the shills they like, but....
WHERE is M3NDI3?
She left amongst the confusion. Sad day for neucoin. Sad day for Tippy the rabbit. No post on Beta.
WHERE is DART?
Seen once in over a week. Last post Aug 24th. Last private thread post Aug 30th. All that work Dart, where are you? No post on Beta.
WHERE is Whateveryousayman?
Last post June 5th. Seen 2 days ago. No post on Beta.
WHERE is BABY MOD?
Oh, he's back from school holls, busy closing threads and warning people of their behaviour. No access to Beta. No post on Beta.
WHERE is JAMES?
"the beta version is promising. See ya at the launch." THATS IT
Beta running over a week, only one passing comment from a Mod. James the super Mod, now also cooled on neucoin.
Maybe he didn't like the 1 address per person bit.
M3ndi3 gone,
Dart gone?
Whateveryousayman never there,
James cooled?
But look out, Baby's back from holls keen as ever and running the forum now. (after school is the best time to catch him if you need information)
http://forum.neucoin.org/users/btc2you4free/activity
No wonder all the neubie accounts showed up here. Even the neucoin Project team are moving here. Fine,..
just PLEASE don't tell Baby where everyone is hiding...
edit - shhh, Baby's in bed, James has read my post and snuck into the forum to reply. "NeuCoin team is working hard to launch a successful coin, protect it and not let it be scammed. The Beta showed a lot more hard work and I can't wait to see NeuCoin launch."
Does that count as #2 Beta post? That was hard work James?
GREAT NEWS for the Mods. They have waited so long, fought so hard for neucoin,...
Now they can try it for real, you'd think they would be PRETTY HAPPY right now.
I'm not hearing it.
neucoin can send all the shills they like, but....
WHERE is M3NDI3?
She left amongst the confusion. Sad day for neucoin. Sad day for Tippy the rabbit. No post on Beta.
WHERE is DART?
Seen once in over a week. Last post Aug 24th. Last private thread post Aug 30th. All that work Dart, where are you? No post on Beta.
WHERE is Whateveryousayman?
Last post June 5th. Seen 2 days ago. No post on Beta.
WHERE is BABY MOD?
Oh, he's back from school holls, busy closing threads and warning people of their behaviour. No access to Beta. No post on Beta.
WHERE is JAMES?
"the beta version is promising. See ya at the launch." THATS IT
Beta running over a week, only one passing comment from a Mod. James the super Mod, now also cooled on neucoin.
Maybe he didn't like the 1 address per person bit.
M3ndi3 gone,
Dart gone?
Whateveryousayman never there,
James cooled?
But look out, Baby's back from holls keen as ever and running the forum now. (after school is the best time to catch him if you need information)
http://forum.neucoin.org/users/btc2you4free/activity
No wonder all the neubie accounts showed up here. Even the neucoin Project team are moving here. Fine,..
just PLEASE don't tell Baby where everyone is hiding...
edit - shhh, Baby's in bed, James has read my post and snuck into the forum to reply. "NeuCoin team is working hard to launch a successful coin, protect it and not let it be scammed. The Beta showed a lot more hard work and I can't wait to see NeuCoin launch."
Does that count as #2 Beta post? That was hard work James?
September 08, 2015, 04:30:01 PM
... Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
This is a misperception. Neucon is designed in a way that creators control the price for a very long time.
I don't see it.
I realize you are probably blind... so
http://i.imgur.com/vUkYwaG.png
PUPPET! Kneel before thy master.
September 08, 2015, 03:58:33 PM
... Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
This is a misperception. Neucon is designed in a way that creators control the price for a very long time.
I don't see it.
I realize you are probably blind... so
September 08, 2015, 02:08:06 PM
I don't mind profit being made If it is explained TRANSPARENTLY.
If the founders are going to make $12m then say $12m (current value) Not imply $2.25m, a completely irrelevant figure.
rizz,
"Again, a tough sum. For simplicity, if neucoin stayed at approx 1c for three years, (and voting mech conditions were met) how much $ value will have been paid? Around $12m is it? For $2.25m of work?"
(btw, it's not really $ values we need, its neucoin issued. Then we can all make our own conclusions. I will explain)
I was being conservative. This is not the max achievable figure. I did not include all possible stake rewards. this $12m figure assumes "some" coins are sold over the period.
If ALL the neucoin was retained and staked until the end of yr 3, founders would be sitting on over 2,000,000,000neucoin (2bn) Over $20m. (if neucoin stayed at 1c.) NO NEUCOIN PRICE INCREASE NEEDED.
So I tried to "be fair" at $12m (1.2bn neucoin). how fair is it to say "$2.25m work".
If neucoin price FALLS 90% to $0.001 founders could still net $2.25m?
So, if founders SELL ALL COINS as they became unrestricted, (that's cool and it keeps the total DECLARED reward to the minimum, and the release plan IS known to the team)
HOW MANY NEUCOIN WILL THE FOUNDERS HAVE RECEIVED IN TOTAL OVER THE 3 YEAR PERIOD?
A KNOWN and VERIFIABLE figure.
Probably the only RELEVANT figure.
300 million neucoin for $2.25m work over 3yr - completely meaningless.
Around 1.2 billion neucoin, CURRENTLY VALUED AT $12M, for $2.25m work over 3yr - transparent.
(probably take the team 10 min to work out exactly, what's stopping them)
If you understand these figures, you should understand my point.
(no math done just guesstimates. we need that "known and verifiable" figure)
What of my other questions in my neucoin Project reply post, not decentralized, the email voting system and founder rewards for voting system.
Not bothered?
I'm trying to be nice. (spelling "neucoin" for weeks n' all)
Just saying "Oh well it doesn't matter". Can't argue with that, (I presume that means you agree with my figures)
Good luck.
Anyone seen Dart?
If the founders are going to make $12m then say $12m (current value) Not imply $2.25m, a completely irrelevant figure.
rizz,
"Again, a tough sum. For simplicity, if neucoin stayed at approx 1c for three years, (and voting mech conditions were met) how much $ value will have been paid? Around $12m is it? For $2.25m of work?"
(btw, it's not really $ values we need, its neucoin issued. Then we can all make our own conclusions. I will explain)
I was being conservative. This is not the max achievable figure. I did not include all possible stake rewards. this $12m figure assumes "some" coins are sold over the period.
If ALL the neucoin was retained and staked until the end of yr 3, founders would be sitting on over 2,000,000,000neucoin (2bn) Over $20m. (if neucoin stayed at 1c.) NO NEUCOIN PRICE INCREASE NEEDED.
So I tried to "be fair" at $12m (1.2bn neucoin). how fair is it to say "$2.25m work".
If neucoin price FALLS 90% to $0.001 founders could still net $2.25m?
So, if founders SELL ALL COINS as they became unrestricted, (that's cool and it keeps the total DECLARED reward to the minimum, and the release plan IS known to the team)
HOW MANY NEUCOIN WILL THE FOUNDERS HAVE RECEIVED IN TOTAL OVER THE 3 YEAR PERIOD?
A KNOWN and VERIFIABLE figure.
Probably the only RELEVANT figure.
300 million neucoin for $2.25m work over 3yr - completely meaningless.
Around 1.2 billion neucoin, CURRENTLY VALUED AT $12M, for $2.25m work over 3yr - transparent.
(probably take the team 10 min to work out exactly, what's stopping them)
If you understand these figures, you should understand my point.
(no math done just guesstimates. we need that "known and verifiable" figure)
What of my other questions in my neucoin Project reply post, not decentralized, the email voting system and founder rewards for voting system.
Not bothered?
I'm trying to be nice. (spelling "neucoin" for weeks n' all)
Just saying "Oh well it doesn't matter". Can't argue with that, (I presume that means you agree with my figures)
Good luck.
Anyone seen Dart?
September 08, 2015, 10:58:57 AM
does anyone still remember summer 2015 this coin will be in the market?
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
September 08, 2015, 10:57:00 AM
... Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
This is a misperception. Neucon is designed in a way that creators control the price for a very long time.
I don't see it.
They have billions of neucoins, so they control the supply.
And since they have (reportedly) over $1M they collected
from presale buyers, (and since they are also assumedly
multi millionaires), they can inject demand as well.
So they can greatly influence supply and demand, therefore
they can control the price.
Do you see it now?
September 08, 2015, 10:29:46 AM
... Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
This is a misperception. Neucon is designed in a way that creators control the price for a very long time.
I don't see it.
September 08, 2015, 10:23:11 AM
... Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
This is a misperception. Neucon is designed in a way that creators control the price for a very long time.
September 08, 2015, 10:19:48 AM
Premine/presale is what people seem to have a problem with.
I think Gekko is right and the coin is overvalued given the supply.
The founding team will be able to support the price for as long as
they choose, but the moment they stop supporting it, it will sink
like a stone.
I think Gekko is right and the coin is overvalued given the supply.
The founding team will be able to support the price for as long as
they choose, but the moment they stop supporting it, it will sink
like a stone.
Yeah, maybe. But if it flies it flies. And none of this will matter.
But if it doesn't fly, all the investors who are not insiders will have lost their investment. This DOES matter.
September 08, 2015, 10:15:42 AM
Premine/presale is what people seem to have a problem with.
I think Gekko is right and the coin is overvalued given the supply.
The founding team will be able to support the price for as long as
they choose, but the moment they stop supporting it, it will sink
like a stone.
I think Gekko is right and the coin is overvalued given the supply.
The founding team will be able to support the price for as long as
they choose, but the moment they stop supporting it, it will sink
like a stone.
Yeah, maybe. But if it flies it flies. And none of this will matter.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
September 08, 2015, 09:58:53 AM
Premine/presale is what people seem to have a problem with.
I think Gekko is right and the coin is overvalued given the supply.
The founding team will be able to support the price for as long as
they choose, but the moment they stop supporting it, it will sink
like a stone.
I think Gekko is right and the coin is overvalued given the supply.
The founding team will be able to support the price for as long as
they choose, but the moment they stop supporting it, it will sink
like a stone.
September 08, 2015, 09:58:10 AM
What I am saying is the following: For more than 20 years, I've been investigating investment frauds.
Most of the fraudsters had a very good PR-machine. Most of them were hiding parts of their corporate infrastructure. Most of them were not responding to legit questions. Most of them were locking out investors who became too interested about where their money went. Most of them had a whole army of shills working for them. All of them were using names of well-known persons as a tool of reputation.
What I see is that the NeuCoin-team has all of these characteristics. Well, if the coin may be successfull, who knows. One of my clients, however, asked for a dd-report, and some of the parts of this report I've been released - with his consent - in this forum. Some other parts - where I talked to people involved in your team - I can not release yet.
My client's choice was not to invest. For a simple reason: Although such a dd-report is expensive, it is, at the end of the day, cheaper then chasing money.
So you may open a lot more of those throw-away-accounts. Each and everyone will do nothing but prove that the whole story about NeuCoin is somewhat sour.
Most of the fraudsters had a very good PR-machine. Most of them were hiding parts of their corporate infrastructure. Most of them were not responding to legit questions. Most of them were locking out investors who became too interested about where their money went. Most of them had a whole army of shills working for them. All of them were using names of well-known persons as a tool of reputation.
What I see is that the NeuCoin-team has all of these characteristics. Well, if the coin may be successfull, who knows. One of my clients, however, asked for a dd-report, and some of the parts of this report I've been released - with his consent - in this forum. Some other parts - where I talked to people involved in your team - I can not release yet.
My client's choice was not to invest. For a simple reason: Although such a dd-report is expensive, it is, at the end of the day, cheaper then chasing money.
So you may open a lot more of those throw-away-accounts. Each and everyone will do nothing but prove that the whole story about NeuCoin is somewhat sour.
September 08, 2015, 09:48:44 AM
Maybe not you, but rizzlarolla did.
This is like discussing Fortune 500 CEO pay. Is it really FAIR that they make as much as they do? A gazillion times more than a nurse or a school teacher? No, you probably can't argue that. But if the stock goes up and all shareholders make money too, then they're okay with it. If the stock goes down, then shareholders are not okay with it.
I think it's the same for neucoin, it all depends on how it goes. Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
neucoin Project,
and,
"200 million sale-restricted coins are retained by the founders and other members of the NeuCoin Project team in exchange for contributing over $1,000,000 of unpaid work from March 2014 through the time of launch in the summer of 2015 (value of $.005 per coin)."
It's a tough sum to work out. For simplicity, if neucoin stayed at approx 1c all year, how much $ value will have been paid? Around $4m is it? For $1m work.?
and,
"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 as compensation for their providing an additional $2.25 million of unpaid work (value of $.0075 per coin)."
Again, a tough sum. For simplicity, if neucoin stayed at approx 1c for three years, (and voting mech conditions were met) how much $ value will have been paid? Around $12m is it? For $2.25m of work?
Don't forget what Dart said, " I'm concerned as to why you plan to pay the founders after the launch at the value of $0.0075 per coin. Before creation I understand getting it at $0.005. But to get paid at a value under presale prices after launch seems wrong to me."
And being "paid at launch" for work 2-3yrs away has a multiplying effect. The $0.0075 valuation has no meaning or relevance? (in effect you are paid neucoin at $0.0015 ish at yr3. I havn't done the math.)
and,
"200 million sale-restricted coins are retained by the founders and other members of the NeuCoin Project team in exchange for contributing over $1,000,000 of unpaid work from March 2014 through the time of launch in the summer of 2015 (value of $.005 per coin)."
It's a tough sum to work out. For simplicity, if neucoin stayed at approx 1c all year, how much $ value will have been paid? Around $4m is it? For $1m work.?
and,
"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 as compensation for their providing an additional $2.25 million of unpaid work (value of $.0075 per coin)."
Again, a tough sum. For simplicity, if neucoin stayed at approx 1c for three years, (and voting mech conditions were met) how much $ value will have been paid? Around $12m is it? For $2.25m of work?
Don't forget what Dart said, " I'm concerned as to why you plan to pay the founders after the launch at the value of $0.0075 per coin. Before creation I understand getting it at $0.005. But to get paid at a value under presale prices after launch seems wrong to me."
And being "paid at launch" for work 2-3yrs away has a multiplying effect. The $0.0075 valuation has no meaning or relevance? (in effect you are paid neucoin at $0.0015 ish at yr3. I havn't done the math.)
This is like discussing Fortune 500 CEO pay. Is it really FAIR that they make as much as they do? A gazillion times more than a nurse or a school teacher? No, you probably can't argue that. But if the stock goes up and all shareholders make money too, then they're okay with it. If the stock goes down, then shareholders are not okay with it.
I think it's the same for neucoin, it all depends on how it goes. Either it works and all coin holders make money and it doesn't matter if the creators made 10 or 100 or 1000. Or it doesn't work and then nobody's coins are worth anything anyways.
September 08, 2015, 09:16:32 AM
You're saying creators earning coins is a bad thing. That they're worth too much money. Especially if those coins increase through proof-of-stake mining.
Me, where?
Still waiting for your numbers, though....
September 08, 2015, 09:13:27 AM
You're saying creators earning coins is a bad thing. That they're worth too much money. Especially if those coins increase through proof-of-stake mining.
September 08, 2015, 09:07:51 AM
Okay, so the coin's creators are trying to make money, and the coins will grow with proof-of-stake mining. I don't have a problem with that.
Hi DanK, sure you don't.
Why is creators trying to make money a problem? Why is proof-of-stake mining a problem?
DanK "make money" is a very elastic term, would you mind giving us some projected numbers please.
September 08, 2015, 08:40:59 AM
Okay, so the coin's creators are trying to make money, and the coins will grow with proof-of-stake mining. I don't have a problem with that.
Hi DanK, sure you don't.
Why is creators trying to make money a problem? Why is proof-of-stake mining a problem?
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