Bitcoin Forum

We are proud to announce this epic new crypto currency that will drastically change the way ecommerce payments will be processed.

https://i.imgur.com/9ku1L3f.jpg

Neon: the Greek analogue of “novum”(new)
Like Neon being a noble gas, Neon the currency will be a noble currency!

We are a team of 3 programmers and came together 2 months ago to discuss the creation of this new currency. We looked at all the existing and announced coins and currencies and identified their biggest flaws and advantages. Within this currency we tried/try to combine the best of their features, eliminate the bad ones and add some totally new features.

POW or POS?

The problem with 100% POS like ripple, NXT and co is, that the distribution happens only at the start, after this the company/stakeholders are the ones responsible for this. This cannot be the best solution for this problem. But we also have to admit that the POS has enormous improvements over the POW resource hungry processes.
We thought for a long time and came up with an awesome solution to this fundamental problem. Along the way to finding a suitable solution we had very big obstacles to clear, but we are confident that our solution is superior to all existing ones.
Solution
In the genesis block all ever existing NEONs will be created. We split up the total existing units into 4 parts. 2 parts will be distributed within this IPO. One part will be sent into an account that will spend 16(16 first year,12 second year,8 third year,4 fourth year) NEONs per minute as fees. (Every full minute, the account will make a transaction, where it sends 0 NEONs to the genesis block using 16 (12,8,4) NEONs as fee). This will go on for about 4 years and 21.024.000 NEONs will be distributed to the nodes this way. The fourth part will be distributed the following way: Every 1440 minutes the network will check how many nodes where online and supporting the network and reward 57600 NEONs proportional to the uptime of the nodes. This will go on for one year.
Part 1+2: Will reward early adopters that will help to spread the word.
Part 3: Will be an extra incentive to setup nodes in the first 4 years, as the transaction fees will not be as high as later on.
Part 4: Will be help to secure the network against DDOS in the first year, as the past showed that the network is the most fragile in that time.

Total units of NEONs: 84.096.000

Technical:

Written from scratch, in C. Not the Java crap that NXT uses (with all the code in one file lol)
Blocktime is 60 seconds, leading to 1440 blocks per day on average.
The units will have 4 decimal points at the start. This can be shifted back unlimitedly. (0.0001 smallest unit at the start)
The initial fee will be set at 0.01 NEONs.
The network will be able to handle 1000tps (transactions per second) at the start.
The nodes can be used with anonymous networks like TOR.

Security:

In the first step it will be possible to anonymize your actions using TOR and the built-in mixing service.
Once our truly anonymized protocol is finished, there will be no need for this, as the transactions will not be associated with a given account anymore. More on that in the whitepaper.

Progress:

Network code: 100% done
Nodes: 100% done
Client: 70% done
Testing: Testnet is running for 2 weeks now. Only some minor bugs found until now.

Features: (all of them are already working in the testnet!)
Unlike Bitcoin and many others, we split up the client and the nodes. This is much more user friendly and will lead to less end-user problems.
The node with all features will be published on release on Windows, Linux and Mac.
The nodes will have all client features(see below) plus this features:
-   Distributed storage
-   Advanced DDoS protection (you can read details on this in the white paper that will follow)
-   Blockchain purging, with bootstrapping. (Master nodes will keep the whole blockchain)
-   Secret killer feature, that will be revealed in the whitepaper!
The lightweight client can be used on Android, iOS, Windows, Linux, Mac and as browser plugins on Firefox and Chrome.
The client will have the following features(all can be dis/enabled):
-   Encrypted chat/messaging
-   Alias System (Every account can create one free alias, everyone after that will cost the minfee. Alias can be traded freely on our decentralized marketplace. But the free alias is blocked from trading for 1 month.
-   Send to aliases (no need to remember the account address)
-   Decentralized marketplace where you can trade any asset/alias
-   Voting system
-   News distribution from devs or any other alias you follow.
-   Mixing service
-   Wallet files if wanted (you can use brainwallet and wallet files both, but this is client side)

Can you mine this coin?

Even though it is not mining, you can run software to receive a reward. As mentioned above the postgenesis accounts will distribute a fixed number of fees to the forging nodes that help to protect the network. So even though you don’t own any NEONs, you can run the full node and receive a part of the 57600 NEONs each day. At the start this will be a huge reward, as more people participate the reward per node will diminish. Obviously everyone can run multiple nodes, this is wanted as this stabilizes the network even more.
Once you own NEONs, you can let your node run to forge blocks and receive the fees of those blocks. Example:
If there are 15.000.000 NEONs forging and you own 1 Million NEONs, then you will forge four blocks per hour. This will give you 16*4 + X fees per hour = 64.

When will the Whitepaper be released?

Due to the rush of the other coins we decided to start our IPO before everything is finished fully, because we don’t want to give others too much of an start advantage.
Whitepaper ETA: 19.01.2014

When will the source code be released?

This is a point we talked about much. On the one hand we want to grant our users as much inside as possible, on the other hand we hate to see our concept cloned on the first day. But obviously we have to release it somehow. That’s why we decided to release the source for the nodes every 2 weeks after the upgrade. So the first source will be released 2 weeks after the launch.

What about the Website, Forum, Faucet, Exchange, Block explorer?

We have registered all the necessary domains and one of our developers is using 100% of his time to finish those right now. We will lauch the sites 1 week before the official launch. So on the 25.01.2014.

How do we participate in the IPO?

The IPO will run until the 26.01.2014. This is one week before the official launch and the genesis block distribution. The nodes and clients will be downloadable 2 days before that.
The IPO will distribute the 50% of all coins to early stakeholders. This is a total of 42.030.000 Units of NEONs that will be distributed.
Due to the whitepaper only being released on the 19.01.2014 we will split the 42048000 into 3 parts and distribute one part of 14.016.000 units per week. So investors that decide to invest before reading the whitepaper will get more coins per investment. We are sure that after the release of the Whitepaper, the interest in this coin will skyrocket.
We accept BTC and LTC only! The LTC to BTC conversion will be made on the day they are transferred at 11:59 PM.
These funds will be used to finance this project and set bounties for sites/programs and promotion. No NEONs will be kept for this purpose as we find that to be a unfair part of other problems, as this distribution is never clear to the users.

If for whatever reason NEON will not be launched, the BTC will be returned to the investors.
ALSO: EVERYONE CAN REVOKE HIS INVESTMENT ANYTIME UP TO THE DEADLINE. BUT IN DOING SO, HE WILL FORFEIT HIS PLACE IN THE GIVEN WEEK HE INVESTED! Just shoot me a pm!


TLDR:

There are a total of 84.096.000 NEONs ever in existence.
Of those, 50% will be distributed within the IPO. A third of those per week of the IPO.
25% will be distributed as fees over the span of 4 Years.
The last 25% will be used to stabilize the network within the first year by rewarding nodes.

First week investments:  05.01.2014-12.01.2014 11:59 AM      14.016.000 NEONs
The BTC address for investments is: 183yYZAaeLJ5WkmM7U5N71X7QgEM4dNPNQ
Link https://blockchain.info/address/183yYZAaeLJ5WkmM7U5N71X7QgEM4dNPNQ
The LTC address for investments is: LPCyLtXTNvqqS4pMEHdHXvUKU57GGi4ZrL
Link http://block-explorer.com/address/LPCyLtXTNvqqS4pMEHdHXvUKU57GGi4ZrL
EDIT: someone asked me if we can offer NXT and XPM as payment options too. And yes we have wallets of both, and will use the rates at 11:59 PM to convert to BTC.
The NXT address for investments is: 1429831591139539134
Link http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=1429831591139539134
The XPM address for investments is: ARcv6gzbDZ6eNsp3XhHJ64bwiaLUjrrzzk
Link https://coinplorer.com/XPM/Addresses/ARcv6gzbDZ6eNsp3XhHJ64bwiaLUjrrzzk

Sent the BTC or LTC to theses addresses and send me a PM with the hash of the transaction and how you would like to be contacted.

List of Investors and BTC Amount: (will be updated twice daily at least)
DAY: 1
1 f****y 0.0121 BTC (0.41920721 LTC)
2 r****r 0.2 BTC
3 w****8 0.058 (2 LTC)
4 w****m 0.5 BTC
5 b****r 0.2 BTC
6 l****8 0.05 BTC

DAY 2:
7 c****5 0.23 BTC
8 z****0 2.00 BTC
9 c****h 3.33 LTC
10 MR000 0.1 BTC + 6800 NXT
11 k****o 0.05 BTC
12 N****c 0.1994 BTC
13 o****r 1 BTC
14 M****S 7.00 LTC
15 e****1 0.6 BTC
16 t****1 1.1 BTC
17 b****1 1.5 BTC
18 f****y 0.2 BTC
19 T****a 10000 NXT
20 i****v 100 NXT
21 w****e 0.5 BTC
22 l****e 0.0416
23 M****t 0.471
24 D****o 6000 NXT
25 g****g 2.0 BTC
26 h****m 20000 NXT
27 q****h 1.12 BTC
28 Z****n 0.01 BTC
29 w****8 3 LTC
30 t****s 0.07 BTC
31 s****o 0.3254 BTC
32 n****r 0.1 BTC
33 b****b 0.1 BTC
34 k****3 0.02 BTC
35 o****r 500 NXT
36 d****e 100 LTC
37 m****g 0.444 BTC
38 j****3 0.13 BTC




12.01.2014-19.01.2014 11:59 AM      14.016.000 NEONs
Investor – BTC Amount
19.01.2014-26.01.2014 11:59 PM      14.016.000 NEONs
Investor – BTC Amount


Announcement!!

We have decided that we will run a one week long closed BETA test. This will start simultaneously with the launch of the whitepaper. To participate you will have to send ANY amount in the first or the second week. 0.001 BTC is enough to participate!!

This beta will give access to the two types of nodes and the client (on all platforms). All the features will be available, the deyentralized exchange and the filestorage too!

Regards,
NEON Team!

I knew this would be another investment IPO. How many have their been this week claiming to revolutionise crypto currency?

Please, stop creating "2nd gen coin"!

Make something new, I'm sick of this "IPO" shit.

await the white paper

if you read the announcement carefully, you will find that this currency is NOT only intresting if you invest, but you can also participate if you deploy nodes, just like mining. So to participate, NO investment is needed.

Why is it second gen? Are you a Nigerian prince?

If you like NXT, you will love NEON.

It incorporates all its good features, and offers many improvements and a far superior distribution or the units.

Also the whitepaper is coming along well and many of the features are already mathematically proven. (12 pages and counting atm)

lols

1) Whitepaper.
2) All other things.

You're doing it wrong.

Bullshit, you need an IPO hence another scam coin.
There must be a better way to create a PoS
I am sure you can come up with a 3rd gen currency!

Once again, if you want to wait for the whitepaper to invest that is fine. There is one whole week left to understand the paper after the publishing to invest.

I am about to invest a smaller amount. looks nice!

Want more aliases? Create more accounts.
So every upgrade the network will be severely diminished, waiting to the new source to arrive?
Wonder if some attacks like 51% attack on bitcoin would be possible in such times.


Until whitepaper or source (quality source with some documentation and unit tests) or preferably both is published, I don't believe in this.

BTW I guess I'm going to make a coingen for "2nd generation cryptocurrency IPO".... may end up being much more profitable than investing in any of the IPOs ;)

You can indeed get a free alias for each account you create, and AFTER 1 month you will be able to transfer them for the minimum fee. So tell me exactly how you profit from moving the free alias instead of just buying one for minimum fee ;)

@source argument. The new nodes will work coexisting with the old ones. Only critical updates will post a need to be implemented by all network participants. If that situation arises we will obviously post the source with the release!
Also after we reach a good amount of traction, we will be completely open source!

@IPO, in just 2 weeks the whitepaper will be downloadable. And we are running tests with very big data to stresstest everything. And everything is documented and will be in the attachement of the WP!

+1

After someone requested NXT and XPM as payment options, I added them to the first post!

What is 'the hash of the transaction'?

Should I just find it on the blockchain?

Sounds interesting, but you'll really need a shiny logo to get people hyped on here. I mean literally shiny it's got to look kind of like a pre IOS7 app icon except circular. And good luck coming up with the logo for anther coin starting with "N".

I'll definitely consider dropping some BTC on this if you can get a pretty logo (and OP post in general) going before the investment period ends. Otherwise this coin is doomed I'm afraid.

generated transactions + POS = Stakeholder gets interest (also suffer exactly the same inflation)

Why is it fair?

Its time for 3rd generation.  :)

The hash is also called the transaction ID. For every coin i posted the link below it, where you can find it. But you can just send me the amount you sent and the time, and i will find it out for sure.

@logo: well, I know that marketing is an important thing, but I dont think that the success of the currency is only depending on this. We try now to focus soley on the code and the client and not too much on design. But we offered a bounty nominated in BTC in the first post, if someone is good at designing!!!!

Also another heads up the reason NXT did (relatively) well i because it had its own exchange website up and running very early. A coin like this will have a hard time getting on the major exchanges, so I hope you guys are considering something similar to DGEX. Hopefully not as ugly though.

After four years there will be no more coins?

And no more mining?

This is actually pretty clever. If the initial stakeholder dont want to get diluted, they HAVE to setup nodes with their NEONs. This helps the network a great deal. Also there is a huge chapter on this in the whitepaper.


Our exchange will go live BEFORE the launch date! We will also write a guide on how to setup an exchange for everyone, because we think that a monopoly like dgex.com had is really bad longterm!


After this the forging reward will only be from the transaction fees. If everything takes off, there will be enough transaction so that it will be desirable to keep the nodes running!

I hope your fridge is full, it should take like forever  ;D

Be careful people...
But I'm gonna read this one.

this alt crypto section has now surpassed the worst of hyip forums in their "glorious" time when there were like 5 new scams a day. Insane  8)

Since it is Proof of Stake it will only be slightly superior to distribute the coins over a longer period of time, stakeholders will forge the newly distributed coins anyway. lol

"Written from scratch, in C. Not the Java crap that NXT uses (with all the code in one file lol)"
Pretty bold to say that without any evidence of your coin being even slightly superior.

Why would I invest in the 1st week?
I don't get any advantage investing then over those who do so in the 2nd week.
I'll just wait for the last second and decide then weather your coin is worth investing in.

I'll just create tons of accounts then, running trough every word list I can get my hands on. automated.
If this takes off I'll sell them later.

1st your name isn't that good. Nxt is much better. Even emuney (even if it sounds downright retarded) is better.

In case you're going to stick with it I've got a few ideas for a logo:
1. use a neon string like this
http://s7.postimg.org/5cf9ep993/LED_Blue_Neon_Light_TD_N1_80_B.jpg (http://postimg.org/image/5cf9ep993/)
and make with it something like this
http://s7.postimg.org/417i68dnb/320044278_d129168dc6_o.jpg (http://postimg.org/image/417i68dnb/) or http://s7.postimg.org/i6db81mon/Neon.jpg (http://postimg.org/image/i6db81mon/)

2. with a good camera set on long exposure and a source of light, you can make something like this:
http://s7.postimg.org/t0q5w8gev/16513944_the_letter_n_from_natural_neon_light.jpg (http://postimg.org/image/t0q5w8gev/)

-and you could end up with a very good base image for photoshop.

3. Make the logo something like a start button http://thumb9.shutterstock.com/thumb_small/171085/171085,1278340997,2/stock-vector-black-power-button-with-glow-effect-vector-56556889.jpg Only instead of the shutdown simbol it's written neon.

Here are a few photoshop pics that I liked.
http://s7.postimg.org/4lhxv6hhz/400_F_23578773_Gml_Icm42y_Uu_BC18e01_Td_SVxf_IL9_T1_Ei7.jpg (http://postimg.org/image/4lhxv6hhz/) http://s7.postimg.org/bemw56xp3/stock_photo_neon_light_alphabets_letter_n_744437.jpg (http://postimg.org/image/bemw56xp3/)

All images are taken from a quick search on google.

I also have some marketing ideas for your coin. If you like them some reward would be nice. But those on PM, if you're interested.

The ways that this is supposedly better than NXT are so obvious they could be implemented in NXT as well, even now.

Except the node running reward program. I don't see how you'll get that to work at all. It is nontrivial to figure out how good a node exactly is. Or do you reward all nodes the same? A Raspberry Pi at home the same as a 1GBit VPS? I don't think that'd be fair.

Other than the ideas being obvious or somewhat unrealistic, they're basically good ideas :D

why not 3rd gen?

hmm, interesting distribution system.
following!

IPOs are getting tagged as scam too quickly.
Better go back to scrypt with small premine imho..


You joking right?

the guy's mocking NXT coding and yet his coin has the same purpose-Mining via fees. Copycat joke LOL. This is becoming pathetic really.

Well it is interesting in fact.

Especially if they really have already realized all the features they are talking about.
I mean it sound like this coin is perfect and ready to go, hard to believe but we'll see in 3 weeks. :)

pretty immature to say..

1. Are you anonymous? Why are you anonymous?

2. In what dialect was Neon a greek equivalent for Novum? Maybe if you use neutrum... But no, Latin Novum in old Greek was singular "Neoi" or plural "Neos", but no Neon or even Neons.

Who are the developers ? given all kind of IPO scams recently. No one is going to give you money unless you can show some credibility. At least show that you know some technical details of what you are talking about. Explain the algorithm to ensure the distributed consensus ?

Op,

Nice job copying verbatim a lot of the sections of my first post in Nxt's thread (https://bitcointalk.org/index.php?topic=345619.0).

Couldn't you at least write your own?  lol

I'll be investing in this for SURE!

You even copied the "::" in the name.  Hilarious.

When?

If you have two competing chains, how does the client software determine which chain is legitimate?

- serious message -

I read everything.

I'm skeptic.
I don't like everything, but there is some good idea.

Unfortunately there is too much scam with IPO.
Do you need this money? Doesn't your team have enough founds?
Take a look at the style of XCP dev (counterparty protocol).
Proof of burn is much more scam-proof.
Also, accepting 4 crypto is suspicious.
Better to stick just with LTC for exemple, choose one.

You should really consider publishing your partial whitepaper right now.
The complete well finished can wait a bit, but 'need something.
Also, I'm no techguy, but double spending is concerning.
Publish the code for this part at least. Or a very high quality whitepaper about it.
That's almost necessary if you wish to be considered serious.
Especially with IPO.

2 questions:
There is a contradiction in your first post.
A: you need million of NEON to forge
B: you get NEON just by running a node (same amount on crappy computer/connection & VPS 1Gb/s, ?)
So which is it? make it clear.

About your encrypted chat/messaging feature:
How do you prevent spam on IM? minimal fee? (fees goes to node or bagholder?)
I wish to see a descentralized email-like system, where I can give priority-reading/answering to the people that pay to contact me.
Free or minimal fee goes into 1 folder, a subalias or something.
Others are categorized between x$ & y$. Or classified by amount max to min.
'Details, but I think you get the idea.
Have you the skill to develop such a system?

if they are qualified, talented and writing all new code from the ground up, i dont see any reason not to support more competition. now just to figure out if they are qualified and talented.

I support this

I just wanted to let everyone know that this coin is now obsolete.

[ANN] PRE-LAUNCH [7th GEN COIN] *BITCOIN 3.0* Fiat Killer (https://bitcointalk.org/index.php?topic=400666.0)

[ANN] PRE-LAUNCH [9th GEN COIN] *BITCOIN 7.0* Fiat Killer  (https://bitcointalk.org/index.php?topic=400670.0)

I'm selling my top spot in this thread for anyone who's interested.

If you're nuts enough to buy into this, then you can have it for 0.2 BTC. An absolute steal.

@POS, yes the stakeholders will forge the majority of the fees distributed, but this will motivate them to help the network. If they dont want to get diluted they have to forge. Thus leading to more nodes and a better network security.

@mocking NXT. It was a LOL just from the viewpoint of how the code was constructed. If you look at the code of a regular programmer you will see a constant structure with many comments  ect. BCNext just wrote one big WOT so to say. It works for sure, but isnt pretty ;)  Also i personally dislike Java, but that is personal.

@ investing in the first week. Well, lets put out example numbers: In the first week 5 BTC are invested. In the second 10 BTC. And after the code release suddenly 50 BTC are invested, you can clearly see that the number of NEONs per BTC is extremely different.



@aliases. Well you can do that. But i dont see the point really. You only have to pay the minfee to create these aliases on one account. That is 0.01 NEONs at start, so basically an investment of a couple USD to register 10.000s of aliases...


Edit: im gonna answer all questions and accusations, but the forum is forcing the newbie jail on me (360s)

can you be more specific about how this works


how does "the network" check this. the node that authors the block surely must make the decision about which nodes have been running and for how long those nodes have been running. what if that author lies? how does anyone know? how could any node possably know about ALL of the other nodes. how can everyone be expected to know about all of the nodes so they can know to reject the chain if the block author is lying?

Great, there should be no problem holding everyone's funds with a trusted escrow right?

@NXT well, atleast now they arent ;)

@nodes If you read the OP carefully you will find the word MASTER NODE. The reward scheme will be altered that a master node will earn a substantially higher reward. When you fire up your node or master node the server will check if your system is capable of running that software up to the requirements. We have actually found a pretty clever system to detect if the nodes where running in a hostile mode or not.


2nd gen in our opinion is just the description for a newly coded currency and not a BTC or LTC clone.



@distribution. This system will make the network way more stable and resistant against attacks then the NXT network, that had a pretty hard fight because there was simply no incentive to deploy nodes BEFORE the attack.


@scrypt sucks. There is so much wrong with POW....




@NXT coding. I am not mocking their idea. It is great basically and was an inspiration. I was mocking how unprofessional their source code is structured...


@perfekt. By no means is our code perfect, also our solutions might be superior to all the existing currencies, but the crypto world is changing so fast that we might have to fundamentally change something very soon. We will see.

But yeah the features will be awesome ;)

That is a good Idea :)

Yep. I see absolutely no reason whatsoever why the OP shouldn't do this. None at all.

@2 http://nautilus.fis.uc.pt/st2.5/scenes-e/elem/e01000.html

@1 Right now we are. Well basically, this system will be very powerful. There will be a distributed filestorage and feature to send a file directly using the chat connection to another alias. We can not and do not want to control what that is being used for. And in the end we dont want to be the ones that get fucked by the law because we enabled people...


see above. You can ask all the questions you want and we will try to find time to answer all.
I will tell programmer Nr2 to write something about that tomorrow. He wrote that part (also in the WP)


That was a joke. I was hoping someone finds it. Everything is superior (well we try) so we decided to even put 2 times the :: into the header. hahaha


When what? The IPO for the first week is already running.

I would be happy to provide escrow for mr neons.

Lost my time writting...
Without me.

I upload 100GB and you vaporware descentralized filestorage is dead.
Or that's just bittorrent and you propose nothing new.

The best thing is OP ccb to answer the best post so far, ie yours. Oh and the escrow thingie...
Not to mention he doesnt want to post from his real acc

How do you intend to maintain and update the development of the software if you desire to strongly remain anon?

I will leave this one also to the programmer Nr2 for tomorrow if you will prefer a advanced explanation.


@ money, Do we need it? Not really. Up to now we just coded in our free time after work and university. Would it be nice to get some reward for the hard work and some funds to keep working on the code? Yes, definitely.

@XCP dev (counterparty protocol) I honestly have not read anything about this until now,but I will look into this. But don't get your hopes up, the distribution system and its implications are pretty much set in stone, as we believe that it is working astonishing well.

@4 cryptos. Wow, people will find everything to complain about. Who gets hurt by more choices??? I dont get it.

@ Forging. No, i never said 1 million NEONs are needed to start forging. You can start forging with as little as 1 NEON. But in the first year IN ADDITION to the normal forging, the simple running of a master or normal node is rewarded. So basically you can open an account and just run the server. Now every 24 hours you will get a reward for that. If you also have NEONs on this account you have a chance to forge a block and receive additional NEONs.

@Spam on the network. We have a very nice system for that. To start a chat you will have to pay the minfee from then on if you stay at a given rate of traffic per minute, the chatting is free.  If you want to upload or transfer files, you will pay per siye, and this rate per kb or mb is set on a traffic marketplace. This works nicely in the testnet and is discussed greatly in the WP.

@ priority messages. Well as the start of a message always costs the minfee, (but that fee goes to the forger) you wont get spammed anyways. We have not talked about paid messages, but you can always send someone NEONs and add a private comment to the transaction. The length of this comment depends on the fee size and is only decrypted by the person who has the key to the account.

@ idea, we will have to discuss this. Sounds intresting nonetheless

At all, i will go to sleep now and i will answer all questions after the post of panonym tomorrow. Sry guys, need some beautysleep.

The NEON developers thought of everything else. I'm sure they have a plan for an escrow, as well.

Still waiting for your reply concerning escrow.

i second this motion.  anon136 is a hero member who has been here forever and has tons of posts.  You will gain instant credibility if you do this.  If you dont its considered that you are a scammer

@OP There is no max limit on investing? How will you insure someone won't wait till the last moment of the end of each week, send a large sum of BTC (say 100% of each week, so the person will receive exactly half of each week) and end up with 25% of the total stake?

If this Dev is a serious coin developer, he should have no problem having the money held with an escrower until he can show this is legit. So far he's avoided the topic.

Thank you for your answers NEONs.

@money, XCP dev take none.
That's kind of extreme, but admirable. Relying solely on the success of their work, sharing with the community. Reputation++

@implications set in stone
Whatever they are, once fixed, don't change them. Or start from zero again.
(meaning: avoid NXT style)

@complain
Near impossible to fully satisfied everyone, 'always complain.
'bout 4 coins, just flashed "IPO-scam x4" in my mind.
Might be legit or good will, but suspicious.
Much less suspicious with proof of burn (but complicate with the various rate).
Escrow people are bragging about is good at first thought, but it's centralized trust.
Why should I trust a member even with 1000 post? Unlikely for me.
For this again, I invite you to study XCP elegant solution of insta-POB.

@forging
Okay, both compatible.
Bonus 1yr for bagholder. In 5yr global fee are splitted between millions of botnet. Not necessarily bad.
Just be careful about inflation. Cap your max nb coin. Otherwise your project gonna die long term.

@ filestoring
So if I pay to upload my file, is it uploaded forever ?
And every single node that wish to get money after the first year will have to have the full DB on his computer, correct?
Even if it mean 2TiB on each computer?
Very interesting in this case. (reduce botnet influence, node quality++, fee reward = better fair reward) might need to consider upload speed vs reward.
That's pretty much Namecoin / Datacoin idea. (but NMC need repay every 9 month, 'don't like that)
Think: need conveniency (what datacoin seem to miss)

This basic solution already exist on all crypto. Althrough usually unencrypted.
Problem is that you get no obvious notification in your client.
It's not explicitly designed for it.
Even bitmessage is flawed.
Develop a quality descentralized messaging system with priority$, and your project might skyrocket just for that.
If well done.

Good rest ;)

That is an outrageous list of features and, with no whitepaper or screenshots or anything at all to back it up, you'd have to be crazy to send these guys any money.

Yes, and he's claiming all of them are working ;D

That's the maddest part! It would be one thing to promise all these features and never implement them but to claim you have them all working with no screenshot is bananas.

send 2btc to you,
TX:44042586199fbb33492051a5694a2bb996e3b01e307c84e020e878c783d61fe5
add me to the list
thank you!
I believe you, I hope you develop faseter than BTS.
BTS too slow, I have no patient.

What's BTS?

yes that would be great. i would very much like to have a chat with the programmer on some of the more technical specifics. please send him my way.

BTS is bitshares a good idea,but develop too slow

Additionally i have held fairly large amounts of money in escrow for people. Check out my rep thread in my siggy. Also I have held very large amounts for people in this thread https://bitcointalk.org/index.php?topic=169670

If Anon136 in escrow for this, i'll invest a few BTC

Please let Anon136 escrow if you want more people to invest. If not everyone will just think this is a scam. I would throw more at this if it's allowed.

May I welcome to list your NEON at Nxt Exchange two weeks later?

So what are the hardware & software requirements for forging?   Is it CPU/GPU intensive?

If you are serious about this, I think you should put a cap on the maximum amount of BTC that someone can invest via the IPO. This would prevent an early stakeholder from gaining too large a share early on, which could cause a problem by leading to too much concentration early on. IMO, one of NXT's biggest weaknesses is the concentration of NXT within the accounts of the stakeholders.

Overall, I think your IPO is fairer than NXT's was, and I'm watching with interest what you guys are doing.

doesn't work. people can simply make dummy accounts.

I highly doubt these guys as they claim all features have been working in the testnet. This is like 99 percent proof that he doesn't know what he is boasting about. I suppose all of you guys can do some drilling on technical side and they will fail miserably.
It will definitely be a scam when they refuse escrow tomorrow.

http://cdn.bloody-disgusting.com/wp-content/uploads/2013/09/shut-up-and-take-my-money.jpg

lol

It's not just "Advanced" it's "Most Advanced".  My mind is blown.

Looks very solid. A lot to show off. Sent 300 BTC. NOT.

Mixing service is the killer feature (it will kill all other coins including Bitcoin). Could u give a brief explanation of its algo, plz?

I haven't seen this great question be answered yet. As a decentralized application, there's no central server to do the statistics. How the network check the online status of each nodes and how the nodes prove their uptime?

You may setup a central node to distribute the rewards, but how could this node know the exact uptime of each other client? Remember not all nodes connected to this central node, otherwise it becomes not decentralized at all. This is the most innovative part of this proposal and needs more verification since it's not applied in all existing coins.

Donated… Signed "LilJerk" in the block chain, so you know it's me.

I hope I get a decent amount of Neons… When will I know how many I receive?

Hasn't Stablecoin just implemented this? It also has an advantage in that it isn't complete vaporware.

what is mixing service ?

lemonparty.org

I haven't heard about Stablecoin, gonna check it now. Thx for info.

Stablecoin - Supporters are waiting for this feature for months now (had to fight different problems, though), still not implemented yet and the longer it takes the greater the probability it will be implemented one day, right :-)?

If they cannot prove they have found the way to know the uptime of each node in an decentralized way, their claim that it works in the testnet already is most likely a lie.

Hope this isn't a scam. I could have bought a pretty nice bottle of champagne with the ~$1500 in BTC I just invested.

Good, a fairer IPO than NXT.

Totally support this.

They claim that they have all of these features implemented in a 2-3 month period (by college students?) as well as having an android, iOS, windows, etc. clients already? From 3 people? Why do they even need funding if their project is complete? In addition, without a BTC limit, someone could end up with a very large stake, so this is a not a smart move (unless they are planning to scam). They should just split the coins between bounties (you know... to cover costs), running nodes and subsidized transactions, right? Why even have an IPO?

Honestly, it's not looking good at the moment, but we'll see what they have to say ::)

Are all of these obvious IPO BTC scam threads yours or why do you support and push every single one of them?

Criminal?

If I were them and there's really a working test client, I would publish the test client first at least to some beta testers. I believe I will collect much more fund with their testimonials. At least, I will post some screenshots to show how the client/node works to attract more investment. Then think about why I don't do things like this. Most likely because I can't.

Moreover, apparently this proposal exactly targets some complaints of Nxt. Nxt suffers from DDos because of the less of incentive of mining. The two methods in this proposal were actually proposed by other people in the Nxt thread. Actually, it was me who suggested sending nxt out from the unclaimed account every minute to increase the incentive of miners (they get the tx fee). Now think about which one has the higher possibility. 1) The got the idea 2-3 months ago before Nxt was announced. 2) The got the idea just couple of days ago by reading the Nxt thread.

Make escrow possible!


You said something with a centralized person. But YOU are centralized also! AND anonym! Well known members of this forum have something to lose.

An honest IPO would have no problem with this.

Nxt IPO went without sending PMs. This IPO looks scammy for me so far.

Looks like scam :D

NEONs, can you post some screenshots or parts of source code?

Everybody, Neon's is definitely a scam. Don't buy in.

Very interested in this

Doesn't have to be. ;) But without an escrow nobody will buy in.

I just sent them $1500 worth of Bitcoin - see my transaction in the Blockchain tagged "LilJerk"

So don't go saying nobody will buy in… That's inaccurate.

Btw, I am fully committed to my purchase. I am in Neon for the long haul..

But it's definitely a scam, stay away people.

I know that you bought in. Well atleast when you appear on the OP post.

Neons, please do not allow escrow for the first round people (at least not for this first week).

If they don't have the balls to invest, and need escrow, they don't need the early gains. That's pussy foot investing. You can't be one foot in, one foot out. I wouldn't want the founders of NEONS to be spineless people who aren't able to take risks for big gains. We need ambitious founders with guts, confidence, and faith in NEONs.

Hear, hear!

EXACTLY!!

I just changed my personal text to "NEONs BALLERS CLUB" -> Anybody who invested should do the same. This is all about faith in a new currency!! NEONS all the way!

Check out my sig

 ;) syncing my bitcoin wallet.

More people with balls! Welcome, welcome!

@OP

how are you going to make money out of this if the IPO percentage is going to help run support and bounties?

I think we are reaching the border of amounts of alt-coins when most of them will start to die.

I can escrow for .5%; have done several trades and hosted the QQC/BTC spreadsheet exchange; everything went smooth.

Because i didnt have the time to catch NXT due to bcnexts disappearance which made it look like scam and all that invested in it with less than one BTC, are now rich.

Edit: also i prefer C than Java, and NXT seems like a hack job (no that i dont like it, though i would prefer if it had different IPO and some decent beta testing, like eMunie).

One could also argue that it's for this very reason that many of these IPOs may be scams. I just don't understand why they can't show something.

Good morning everyone!

We received a very neat design suggestion and decided to go with it. The creator will be awarded 0.2 BTC or 0.1 BTC and 0.1 BTC worth of NEONs. His choice.

Which one of those do you guys perfer?

https://i.imgur.com/9ku1L3f.jpg
https://i.imgur.com/yF1QFHU.jpg
https://i.imgur.com/aUAAarJ.jpg
https://i.imgur.com/qSKWDXd.jpg
https://i.imgur.com/rx7a1SK.jpg
https://i.imgur.com/xLYjJ3f.jpg

I also updated the investor list and will now answer the questions asked per PM and in the forum, but this takes time because of the 360 second newbie jail!!!
Also i am currently in the university, so cant answer 24/7 now.

I assume that's just a mockup Neon? Please let us know.

how do we know this isn't a scam?

nice work ...
though the logo reminds more about Neon lights instead of new CURRENCY
http://en.wikipedia.org/wiki/File:Neon_light.jpg

"decided to go with it."
Very fast action. The race is then finished ...

You don't. OP has provided nothing but a few vague words and very wild claims. At least, with NXT and XCP, you had/have software backing a radically new take on crypto. OP is expecting you to send him BTC as an act of pure faith towards a perfect stranger on what's probably the web's most scam-prone forum. OP is smoking crack. Good luck to whoever falls for this obvious scam riding on NXT's coattails.

You're paying him 0.2BTC for a long as great as this?

Sorry but pay him at least 2BTC.

0.2BTC - give me a break, he singlehandedly raised your visibilty more than than the marketing text on the first page.

If the IPO goes well and we stick to his designs i will gladly pay him more! In the opening post i advertised 0.05 BTC for the logo...
Also if i need Icons, business cards, or other material, i will pay for those as well.

Some bold claims you've made here. I must say I like them all! Now to flesh them out a little for potential investors and your detractors. Don't be shy about getting technical. The more information you can provide, the better. That way we send you some funding without hesitation.

Watching

Yes, answer the issue with escrow. Also get us some codes and the interface screenshots. ;)

Excellent!

I like the third.

Thank you sir!

quote author=Anon136 link=topic=400356.msg4335869#msg4335869 date=1388970010]

if they are qualified, talented and writing all new code from the ground up, i dont see any reason not to support more competition. now just to figure out if they are qualified and talented.
[/quote]

 ;)


Damn. This leaves us 7 generations behind  >:(


Just a simple explanation now, the details will be in the Whitepaper.

Basically the node will create a history that saves the blockheight the node had at each moment. After X blocks of the network reaching a consensus on right chain, it gets checked how many % of the time you were on the right chain. Thats why it doesnt matter if you are on a fork for a couple of block, because you will be on the right chain for a high percentage of the time. This involves some kind of luck, but as noone can influence this, it doenst matter.


I have discussed this with my peers. If the volume of the IPO stays that balanced and high, we will not use this variant.


If you want to upload a 100 GB file, you need someone to find that is willing to distribute the file. As this system though to be used for smaller files, i doubt you will be able to afford that kind of space ;)
This is will be not like bittorrent, the file will be online to be downloaded from the network.
BUT you will be able to send a file directly to a client too!


The first few months will be paid by the IPO funds. We have enough time to do that. But from the launch on , we will be searching for additional devs to join our team.


We did decide not to regulate the IPO. If someone wants to get a huge stake, he can game the restrictions anyway, so thats that.

If this gets out of hand and someone tries to get 50% of the presale, than we will have to intervene and send back part of his investment, but this will only happen in rare cases.


@filestorage. The system works in groups. Basically the file will be uploaded to a group and everone can join the group and get fees once files get added to it. A group can decide to post an offer to keep the files for ever, or just 10 days. Totally free market there. If the group fails to deliver uptime, the fee gets reimbursed in parts. (this was actually pretty tough to solve, but we came up with a good solution for this)

@messenging. You can have your client post a notification to your screen, or even send an email to you. Oh and it is fully encrypted and can only be decrpted by the private key!

You wouldn't happen to be one of the Neon "developers," would you?

Well I'm in, I decided to take a gamble.

Only worry is that I sent NXT but the exchange rate to BTC is horrible today, almost half what it was two days ago, oh well...

God, I hope these are puppet accounts and people aren't actually dumb enough to send this guy money.


Blatant scam. Stop supporting these and start reporting.

You have 2 contradicting sentences there.

= I have discussed this with my cat. If I want to steal your Bitcoins, I cannot use this variant.

Who write the code? guys from MIT?

What conversion rate are you giving for NXT/BTC?

no answer.., I am out , good luck everyone

Post a screenshot.. Also where are you guys from? You said students. Which university?

interested but no escrow with a trusted member who audited NXT coins POS?   Wow I was hoping you would because then I would have bit into week 1.

No, they dont contradict. It means, that the demand for investment will be way higher after the release of the WP. So if in the first week 10 BTC are invested and 20 BTC in the second, and 60 in the third. That means that per BTC you will be getting the least amount of NEONs in the third week.


We all have at least the masters degree and two of us work at the university right now. It is a very good university but unfortunately not MIT.


Normally i will convert at the end of the day but dgex is having major problems. So i will delay that. Hopefully for you the reates will rise in the next days. Do you think the end of the investment week will be a good point to convert? It is up to you.


We will provide details starting with the third week, we dont want to rush anything. At this moment we want to stay anonymous.


You can send 0.001 BTC at the end of week two and participate in the beta testing an then decide if you want to invest.

Which country? A screenshot or 50 lines of code won't reveal you.

Located in Canada (though i am not natively from there, as you might have guessed by my poor English)
I can post a screenshot of the client, once it is finished.

It makes 0 sense not to allow escrow. I look forward to the 'I didn't see it coming, I was scammed' messages to come next month. You'll catch a few desperate people that missed out on NXT, not much more.

Sending your BTC to a random guy with mountain of of promises is a SCAM  ???
Interesting....


Can someone explain this to me in a simple english, thx.

+1 to leaving the exchange rate of NXT till end of week. Hopefully its better than it is now?

You need to show more technical details. Nothing you wrote so far that I cannot write myself. Any follower of the NXT thread and NXT system could write this IPO and you even accept NXT so I suspect you are one of early NXT adopter.

Show a part of node code or network code. No one can take advantage of 30 line of codes out of context. Remember Vero, Shares and Visas ?

 

Yeah I'v got to echo what other people are saying. Bring in a trusted escrow and I will invest instantly. If everything you say is true then you are really limiting yourself by not using an intermediary, much more people will invest if you do.

Just post SOME kind of evidence that there is something behind the awesome sounding project you're talking about.
A little screen of the client gui for example.
Just to know that you guys are not complete imposters  :)

just send us a screen of the incomplete gui. Something, a screen of the decentralized exchange since you say thats completed. You are 70% done with the client so there should be some images of it.

how many other coins released their white paper after shares are offered?

how exactly is that fair?

So gullible people/speculators are going to be the major founders on this coin?

Can you tell us briefly what reasons speak against a escrow service, otherwise its hard to understand why you and your team dont allow it.


regards

Yeah, why not show us some of the fruits of this work if you want us to send money.
To ask people to invest completely blind and to offer increased reward those higher risk takers just makes this sound...well...scammy.

This!  :)

You say that 25% of all the neon will be given to active nodes over 4 years. How can the client detect which nodes are active?

This can never by verified by all nodes because all nodes cannot be in connection with each other all the time. Even if you managed to make 100000 nodes connect to each other new nodes would have to trust older nodes. Doing this centralized is not possible.

Can you tell me how you have solved this problem? Will everyone have to place their trust into a decentralized entity who will dictate between whom the node reward is distributed?

The ability to reward fees to nodes for the protection they give to the network would be the best idea ever. Unfortunatly this is not possible and that is the reason why it hasn't been done before.

day 1 scam index = 50% (50/50 at best right?)
day 2 scam index = 90% (+10% Neon offered beta test in future does nothing to help decrease scam index today)
                                     (+25% Neon refused escrow from reputable member who audited a similar coin's POS system)
                                     (+10% Neon refused to show any code snipped or screen shot)
                                     (-5% Neon lives in Canada, if true then this brings down scam index a little.  Go Canada!)

another scam

lol

Most Advanced Second Generation Scam. And you make it all sound so nice and sweet and oooh candy!
Good job.

Since one of my cars is a Dodge Neon, of course I want to have a lot of these NEON's  ;D

I'll keep an eye on this project!

This is an interested concept.  Look forward to seeing how it turns out

LOLOLOLOL wow

gogogo neons

NEONs, can you please change my name in the OP? I do not want to be anonymous.

Currently it looks like this:


This is how it should look:

Any answers to the questions NEONs?

Watching

This is hardly a scam.
Scam involves some kind of a trickery, something less obvious then a random guy popping out, delivering a speech and asking moneys.

I have no idea how this turns out, but I wish ppl lose money.
WHY?

Not because I wish ill upon them, or because I'm against entrepreneuring spirit, but because this kind of greedy gullibility deserves nothing less.
These investors simply reek to be defrauded.
They are the ones setting responsibility and credibility bar this low in the community. And btw this concerns all future endeavors.
If NEON guy can do this today, what's stopping Helium, Argon and Krypton tomorrow. Well deserved lesson from NEON might.

Sending your BTC to a random guy without any credentials whatsoever...
WTF is next. Sending it to a random BTC address with no strings attached AT ALL?

What are you? Some kind of anti-entrpreneur?

Bro, this is how me and my NEONs BALLERS click does it:


This is how you do it:



I don't see how you can hate from outside the club, bro. You can't even get in.

Why was there such a big gap between your last posts(prior to this thread) and today? o.O

this has no future. Go and jump on the NXT train!!!

Wow… really? BCNext… "THE" BCNext…

Can you elaborate?

*Instantly gets serious*

Hehe. Pay closer attention to his name...

FUCK YOU!

EVERYBODY, He's a fake… He's not the real BCNext. This guy deserves no respect. He has a period "." at the end of his username.

I noticed immediately after I posted.. SMH..

Back to dealing with the NEONs haters now…


Because I got a phone call.. You know how it is… That's how I do it nigga

This. I'm riding a NEON spaceship to the moon! Forget the white paper. Ill take the bounty.

Thanks for the kind words.

Sorry for the confusion, I didn't explain well. My intention was to present the same logo in various ways for various uses. These are not really options you need to choose from.

I'm in.

NEONs, why is your method of accepting payment so insecure?

I sent you btc, but there's no way you can know that I am who I say I am. You just wanted to know what amount I sent.

I'll be awaiting your reply, sir.

That makes me think, that even if they are not scammers, they are too amateurish, and will not be able to deliver.

It amazes me how many people are willing to "invest" in such thing.
I wish you good luck.

rotflmfao… That was funny, have to admit..

But in reality...



Welcome to the club, bro

If this is a scam, then it's a good one - this is exactly what I was thinking of, I even thought about another new cc..

but not with 90% (or whatever it is - 80? 70?) coins at stakeholders accounts.. I thought of some huge accounts releasing coins as some kind of bonus to forging.. well, and here is is  :)

I don't think NXT will easily get to masses - it just has too little to offer to normal people, and currency speculations won't make lots of transactions needed.
I'd like to see POS currency with reversed ratio - 90% coins released to people.. this has a way bigger chance of success IMO.

To make things clear: tremendous respect to NXT community for LOT of hard work, I'm fan of NXT, I run a vps node to help with the DDOSes etc. But It seems to me way better to spread the coins, make people forge it (and hopefully use it) - and keep it alive with transaction fees from many transactions. Many people make many transactions  (well, it's of course not that easy  :) )



I hope this is not a scam, if not I'll support this. It look like one though :o Hope you guys release some code/clients/etc soon - I won't support it in this pig-in-a-poke state..

I aint fucking around.

http://i1225.photobucket.com/albums/ee386/timjs1018/download_zpsa22bba5d.jpg (http://s1225.photobucket.com/user/timjs1018/media/download_zpsa22bba5d.jpg.html)

Right, this "next-gen crypto" definitely needs a bunch of retards willing to send thousands of dollars to a perfect stranger making a nice speech without producing a shred of supporting evidence, no code snippet, no screenshot, no escrow (lol at the answers to escrow requests)  as "founders"...

Man, I really think you're a sock puppet/shill (just like your "+1" noob buddy later in the thread), but if you're not, I pity you... Wonder how long before the Stockholm syndrom dissipates.

Shame on "NEONs" for such an obvious scam... You're only second to Visacoin in terms of lazy scammishness... You and your scammer buddies are infecting this forum...You stink.

SMH… Another person with no balls, I see…

Lol

I like this coin. Thinking about investing more. From all the new coins i invested I prefer this and Neuron

Man, there is no "coin", there is absolutely nothing except a stranger making a bunch of empty promises, dismissing legitimate requests for escrow and asking for your money. I see you sunk money in every scam riding on MSC and NXT's coattails... Good luck with that. Right now it seems the only legit "new 2nd gen crypto" is XCP (and probably eMunie...)

I've written some code over the years myself and my biggest concern is a very short period of time in which you guys have managed to put together so much. If I understand you correctly you and two of your friends came together just 2 months ago and start brainstorming some ideas. And then two months later you have all of the above mostly complete and you did it in C.

I must say you seem a lot like Superman, Batman and Spiderman united. Could you comment on that please?

BR

You have a good investing strategy. You bet on all horses, someone wins!

That's how I see things now

First of all, "I've written some code over the years myself" -> That sounds like you're a hobbyist at best, not somebody who should be nit picking on this subject.

I can comment on this for the NEONs team… Have you seen NXT's source code? It's only like 7k lines of code (I realize a little bit of it's missing). I sometimes write that much in a day. This is 3 people working on something for 2 months straight. If there were 3 of me, I could probably knock out 2-3 cryptos in two months and have at least one decent client with UI. It's not like they have to develop everything from scratch like Satoshi did… Most of what they're doing is just improving and modifying existing designs. For an experienced programmer, translating design between languages is not a complicated task.

Furthermore, the task of creating a crypto is not exactly gargantuan. It's just a protocol, and ALL of the clients usually suck. If the clients were great in terms of UI, I might agree that 2 months isn't enough time. Having said that, they're not... Nobody (except third-party companies) has spent any "real" time developing great UI for crypto clients. All the alt coins use that QT software, which is like a one-size-fits-all system. That's why there are bugs among and some variations between the different versions - windows, mac, linux, etc. And NXT's client isn't even really a client. You have to launch terminal or command prompt, then access a port on your localhost via your browser. It's basically just a cheesy website. That wouldn't take long to make at all. There are like 5 things you can even do when using it, definitely not an overly intricate or time consuming project.

watching

Balling...

NEONs, reply to my PM so I can possibly invest more and become a baller like bliljerk101.

http://www.youtube.com/watch?v=x8Oha-TnekE (http://www.youtube.com/watch?v=x8Oha-TnekE)

My life, RS…

This all seems exciting at first glance. But apart from obvious justified doubts one other thing does not make yet sense to me. Why would this "baller" bliljerk101 want to make all this noise and get in more big investments if he really believed in the project and wanted to gain the best possible profit? I would keep my mouth shut or even spread some doubts to not get in other big investments making my investment the biggest one. Right?

edit corrected some of my bad english

I find it weird that the guy shows up after 4 months of not posting once(last posted in SEPTEMBER of 2013)...and is only posting in this thread...

As the saying goes...dont invest more than you are willing to lose.

Yes :)
the support cheerleader team is too bait, liljerk and couple of other trolls are riding neon dildo too eagerly

Owwwwww, you'd deserve to be scammed soooo much... I'd really like to see that happen... Unfortunately, you're acting as a shill/sock puppet and will probably profit from this massive scam... Hey man, you should have offered your shilling services to Visacoin/Aerocoin/Verocoin... Too late for that, but I'm sure SHARES, Sharecoin, Skycoin, and all other ongoing IPO scams would be interested... Go for it pal.

'Cuz I'm way smarter than that… Trust me. I'm not about to divulge strategy, so SPECULATE YOUR ASSES OFF!! I may not even be interested in this currency, maybe this is a decoy!! I'm that good. ;)


I agree with you there, buddy. (Completely serious) Nobody should invest in these NEON's, at least not RIGHT NOW, more than they are OK with losing. That should be obvious to anybody who has read the post. Throwing money in right now is indisputably the same as throwing money at nothing.

That said! I am well within my own realm of acceptable losses with what I put in :)

Now, this is fun.   :D

yeah... speculating my ass off  ???  :D

Yes! This is what makes people rich. Clearly bliljerk101 gets it.

I just want some more information before I go into this deep like him. Crazy bastard, he is.

NEONs where are you?

Did I miss something? Was there a "I'll be out of the office till xx:xx" post somewhere?

Sorry that i am so slow in replying to all of you.

I have to wait 360 seconds every time, and then this springs up all the time:

An Error Has Occurred!
You have exceeded the limit of 5 personal messages per hour.

I wasn't actually referring to any kind of UI as it is obviously the least important part of the architecture from the conceptual point of view.

The list of features is still quite long though but time frame not so much. If you count architectural design and planing, coding, redesigning when you find out something hasn't been thought through well and the consequent code refactoring, testing and bug fixing then its still impressive pice of work to pull off in two months even by three guys and very well distributed work plan. I'm not saying it's impossible it's just impressive. It's just a protocol yes. :)

It depends on what kind of worker you are, too. I'm the kind of person that programs 12-14 hours a day when I'm in the zone. I'll work 7 days a week if that's what it takes (pretty much always do). I see a project like this as not that gargantuan, even if they work at half my pace.

Perhaps there is a way these limitations can be lifted prematurely for you, then.
Lack of communication will kill this project.

Honestly, I've never seen a forum with such strict "newbie" rules.

I make money all day then I ball with the profits
Niggas hate on me, I tell em hatin' niggas stop it
Go fuck with a bitch, get that becky then I'm gone
Catch me on that loud pack, blowin on this strong

lmao.. that's a hood song.

Awesome!

http://f5.s.qip.ru/FK151rUg.png

I'm watching people suggesting escrow for a fundraising here.

Take a look at my list: https://bitcointalk.org/index.php?topic=276897.0 (https://bitcointalk.org/index.php?topic=276897.0)

That may help to increase transparency using other people's coins.

Besides using (reliable/trusted) escrow (maybe more than one escrow "agent" in this case specifically) is good for the crypto coins community.

No escrow. Escrow shows lack of faith in every respect. Investors that need escrow are the same ones that will run away the moment things look even a little bad. We need people with heart & confidence that have the balls to stand tall always and meet, head on, any challenges the NEON community faces. The last thing in the world we ever need are spineless founders. That will crush this kind of currency considering how significant the founders are economically speaking for its development.

Anybody else demanding escrow: either invest or watch… Quit being so damn spineless.

I want to just add in here that anybody that has doubts (all should) SHOULD wait until the white paper is released. If you have money to throw away and want to now, then by all means… You ARE essentially buying NOTHING… don't forget that. Too much speculation will kill you investments. So if you have doubts, you should wait for the white paper and sit this round out.

That said, escrow = fail… I think there should be no escrow whatsoever. After seeing the white paper, all should be able to make the decision to buy or not.

why no escrow?

Even this is not a scam (highly doubt it), this kind of fund raising should not be encouraged in the community. If anyone could create a new account and ask for money with only vague information and nothing concrete, what will this community be like?

Without some actions taken, this kind of scam will always work. A lot of people will think 'what's the harm to throw away 0.1/0.01 BTC for a tiny chance it will become 100/10 BTC months later just like the case of Nxt'. Even if there're only 100 victims, the scammer could get 10 BTC at no cost other than answering some questions in the forum.

I'm not claiming Neon is 100% scam, but just saying that this kind of fund raising should be forbidden in this forum, no matter it's scam or not.

http://en.wikipedia.org/wiki/Duck_test

Exactly. Look what just happened to NXT. Some of the top dogs decided to take their money and cashed out big time. The market cap dropped off, and it scared away a bunch of people.

It's always easier to get frightened into cashing out when you stand to lose more as well.

When high stake holders cash out, they affect the market. This makes everyone nervous, and suddenly very little money gets put back in to the market to recoup what the high stake holders took.

Unfortunately I think it will take a large scam to wake people up to the dangers. I do hope Neon has a great future but for now there is no way of knowing.

That looks like what VisaCoin is right now...lol :P

We'll see what develops of NEON though.

bliljerk101... ADD
lay off for a while, you're all over the place  ;D

kinda weird that OP managed to squeeze one barely meaningful post.. for the whole day
must be busy with his MIT buddies



WTF are you talking about. They are cashing out, yes.
There is nothing spineless about it. HELLO?! THAT WAS THE PLAN ALONG.

You expected them to babysit and cherish their stake? Maybe wait for little guys to get rich LMAO.

I agree.

That unsafe fund raising culture started by threads and "projects" like this is getting out of control.

Ladies and Gentlemen: be aware!

OP, please provide escrow.

I might have if you didn't just insult me. FYI, it's not ADD… It's euphoric energy from all this money I made.



Ehh… It's annoying, but honestly I can't blame him. I remember that limitation when I first signed up here. It was fucking horrible. I couldn't get any posts done. Glad I'm able to post without restrictions now.


Quit hating so hard.. Give it a chance. Nxt is what? 3 months old? With the founders out of the picture, the economy can stabilize finally.

Haha touché!
However, if they used their "power" to grow the NXT market, they would have made even more money. They know that. They cashed out while it was a guaranteed payday.
Partially "I'm gonna cash out now that it's up a bit", and partially "Shit, the value isn't skyrocketing now that the code is public like we thought it would, I'm out of here."

Can somebody ban this guy? He's talking about killing an economy with weaklings… That kind of investing should be disallowed on here, it will ruin the culture and the success of this community.

or you can be like me and cash out partially to make up the price I paid for it initially. Keep the rest for the future if it every becomes worth more than it is now, if not then whatever :P

I like the crash in price, allows more people to buy in cheaper if they wish. Removes many of the people that just bought because of a price spike they were expecting.  NXT has a lot of features that are being built with a growing community and a lot of people trying to help it grow. I like the look of NEON if it ever was to actually be released, but doesn't seem like it may at this point. Interested in eMunie as well.  ;D Improvements are never bad  :)

So here's the most fishy part: No limit on maximum donation. With the current scheme, it's very likely that some people will end up with 10+% of the total coins in neon. This distribution will be even worse than NXT. They claim that they will send back BTC which would cause someone to have too large a stake... why not limit it in the first place? Suspicious.

If OP truly wanted to create a more distributed coin (not to mention, claiming to have all of NXT's features magically finished in 2-3 months by 3 people with no large scale testing), why in the world would they even have an IPO? Why not reserve a small amount of IPO coins for bounties (they claim their will use the BTC received through this funding for bounties) seeing as if they actually deliver, NEONcoins will be worth 1000x they are now? Instead of receiving a 1-time payment (which may only amount to 10k USD), they could have had millions of USD to fund projects to increase the value of NEON.

A distribution scheme that would have made logical sense:
40% nodes
40% subsidized transactions
20% bounties

Why not go all the way and make distribution 100% fair, why go only half-way and have an "IPO"?

Still no descriptions and only a logo created by someone else.

If they either a) accepted escrow or b) actually showed something proving they actually have the code, I would invest right now. But with neither, this screams scam.

Alright I'll take the bait on this one, gunna send some NXT your way.

The ideas behind it seem sound, and mentioning the tor network should get the secretive investors excited.

Though I should mention you seriously need a designer on your team, coins get legitimised so much more when there's a professional looking website to back it up. And press releases need header images to stand out (I do this for a living).

If you need a visual helper pm me.

This seems interesting, but unless NEONs can provide more substance I'm inclined to believe it's a scam. NEONs said programmer #2 would answer some of the more technical questions. Waiting see if programmer #2 shows up.

escrow is kind of like bitcoin.  it limits foul play.  if you all believe in your coin enough, you'd allow escrow with a trusted 3rd party source.  as it stands you put the burden of risk 100% on investors.  believe in your product? put your neon where your mouth is and allow escrow.  You'll probably get 10x the amount of support if you do.  Win-win.  If you don't, you just cast a greater shadow of doubt.  You saying investors will leave makes no sense.  If you have a hickup in development, our coins will still be safe in escrow, why would we back out as long as you always keep us in the loop with the development process.  Next excuse?

Somebody ban this guy, too.

Did he really just compare Bitcoin to escrow with a third party?

No escrow. NEON founders need to have balls.

Yea i'm sure Visacoin / Veracoin and Aerocoin investors had to have "balls" too after they ran off with $130,000 worth in those IPO scams.  I think those with brains win over balls.  Just ask the Federal reserve. 

https://bitcointalk.org/index.php?topic=402536.0

from that thread

BUYERS BEWARE!!

DAMN  :o  :o  :o  :o  :o  :o  :o  :o NEONs are DEFINITELY a scam!!! Everybody ask for a refund!!

When you get your refunds, why not consider this coin? https://bitcointalk.org/index.php?topic=400920 - It looks promising. I think I might go in 10 btc or so...

Proof is in the proverbial blockchain.  If OP claims to have the project pretty much 100% complete, show us da monay, give us the escrow  :-*

Just made a donation to Sherlock Coins or w/e they're called  :D 100% stake holder now.

Can you tell us briefly what reasons speak against a escrow service, otherwise its hard to understand why you and your team dont allow it.


regards

Because they intend on stealing your money.  Don't be a fool.

Read my posts, homeboy. I explained it for NEONs.

You see these puppies? If you don't have them, NEONs doesn't need you.


However, we just learned that NEONs is definitely a scam… Stay FAR, FAR, FAR away from this… If you are REALLY that interested, just wait until they actually show something. I think they already ran away with everybody's money though.

NEONs says:

I dont ask your unimportant opinion @ bliljerk101 !

Are you part of the neon team?? So if not let them answer the user question and stop spamming the whole thread with your kiddy pictures...


regards

I should not argue with the stupid so i will ignore your waste.

Can someone of the neon team please answer my question!



regards

The question is what kind of reply do you expect? Think about why they want to receive payment before releasing of their whitepaper/test client, considering what happened after visacoin published their so-called whitepaper. Is the answer apparent enough? If they allow escrow, why not just postpone the fund raising after the whitepaper and test client is out? :)

I think the use of escrow service will be an excellent idea.

Furthermore, I have learnt a good lesson from Visacoin. It's better to wait for the white paper before any investment. In the real world, all IPOs started with a white paper for people to understand what people are investing in.  It seems that in the cryptocurrency world people are taking risk to invest in IPOs without white paper. I am sure there are still some successfully stories. However, there are still a lot of scammers making use of such blind spot.

Last but not least, I would like to emphasize that developers should not use higher rewards to tempt people to invest before releasing the white paper. To keep the cryptocurrency society healthy, everybody of us should have responsibility to develop and maintain a healthy strategy for fund raising by IPO. 

+1

No, there was no successful stories where people invest without knowing anything concrete. All these scam-coins are just taking advantage about people's greedy after seeing Nxt sky-rocketing price.

1) Master coin, JR published his whitepaper long before the IPO.

2) Nxt, BTCNext started the nxt post long long ago and discussed with the technical details in large detail before the IPO and only collected 21 BTC.

All other altcoins are mined rather than pre-sold so does not belong to the same category.

Is there any other successful story I don't know?

+1

eMunie, Protoshares (AngelShares, BitShares)

eMunie has not begun the pre-sale yet and although there's no whitepaper yet its technical detail is discussed a lot and there're many beta-testers have downloaded the client and already tested the system. Dan, the lead developer, has disclosed not only his real name but his biography.

Protoshares, although it represents future shares of BitShares, is a mined coin similar to other altcoins and does to belong to pre-sell coins.

AngelShares is not a coin but just a pre-sold part of BitShares, and BitShares have whitepapers, presentation, and all the information about the company, CEO, investors (all with the real names).

@protoshares,bitshares etc

sure selling the future of future of future implementations is not a scam now is it?  ::)

two questions:

1)"These funds will be used to finance this project and set bounties for sites/programs and promotion"

how will you make money out of this, how many coins will you be keeping

2) is there any advantage in the number of coins you get if you want to invest today or on the 25th Jan?

LOL at you. They are selling promises that they actually try to implement. This neon guy definitely has the intention to fraud. Someone locks his IP address when he come in here.

In 0.000001/% chance that will be real, I definitely won't stay in a team with this stupid troll bliljerk101 (more likely that he is in the team with the Neon guy)

Day 3 scam index now increased to 95%.. increased because still not seeing any real convincing / conversation that this is legit.   All trolling and people who point out why its a most likely a scam.

Would have been nice to see something.  Even something as simple as the code used to create public addresses.
Would have been nice to see some conversation between developers and Anon136.

Wow so now I am really starting to feel bad for those that thought this was real and sent money.

Well if I don't see something by tomorrow then I am calling it a scam and just wait for the WP.  Who the hell releases a coin IPO without a white paper?   Scratches head.  ScamCoin?

The beta test will confirm once for all if this is legit or not.  

If you want to play it safe, just wait until Beta comes out.  If its good, get your investments and btc ready and make a safe bet.  Regardless whether you invest now or after beta test, your still investing pre-launch.  So there's no reason to be greedy which happens to be the main reason for losing money.  So if you're going to make a risky investment between now and beta, just make sure its money that you can afford to lose.

Time will tell if these guys are the next Satoshi Nakamoto 2.0 or just the same bunch of thieves who'll con you out of your btc.

What is IPO ?  ???

By God, you're a slow one!

I don't get people like Nesco...  What ctan said makes perfect sense and is logical.  If you want to make a safe bet, wait for the beta testing.  If you don't like it then, don't invest.  What part of it deserves your mocking?  I mean... if you think this is a total scam then you should just leave this forum and don't look back.  Why are you wasting your time posting meaningless comments like this?  Some of us are trying to make a sound investment and waiting for Neon to provide more proofs.  If that's so funny to you why don't you just GTFO. 

I'm investing 10 BTC  in this.
But I curently have only 5BTC , OP , can you lend me the other 5BTC?

to angry investor 2 posts above:

I concur.

from now on let it be known that simply throwing money at fresh posters full of promises - shall remain a viable sound investment
(until indisputably proven otherwise)

OP could help tremendously here.
Hey NEONs, how about sending him a memo; something along the lines of HAHAHA SO LONG SUCKERS, AND THANKS FOR ALL THE BITCOINS

WOULD THAT DO IT FOR BUFFOONS LIKE YOU AND YOUR FELLOW INVESTORS?

I think you missed the part where I said "...waiting for Neon to provide more proofs"... meaning I have not invested a penny into this yet.  Try reading more carefully next time before making sarcastic comments...

i think there needs to be a minimum standard of practice for crypto on bitcointalk.
before you can do pre-sales you must have at least a working beta. should be the minimum requirement.
but this is capitalism....if people are prepared to invest blindly into nothing more than words you can't stop them.
they are taking a blind risk here....if they are lucky they deserve to get rewarded....but if they lose their investment they only have themselfs to blame.

Beta-testing will cost you mBTC1 to participate, which is trivial, right? Low risk.

Until you realize it's a great way to get your "beta test software" onto dozens or hundreds of computers that all have bitcoin wallets on them.

Without them releasing the source code, you are probably beta testing a wallet stealing trojan for them.

You're new around here , right? =)))

See.  This post actually helps people who're on the fence.  Provides info and advise.  Nesco was just spewing trash.  And yes I'm new around here.  Can you tell?  lol

neon, ..........
acronym?
NN
NE
send some knees
how do you say this shti irl
almost as bad as num's nummi  :sigh

You're already talking to the "devs" (i.e. "NEONs", the scammer), through bliljerk101 and his noob buddy buddy timjs, two obvious sock puppet accounts for NEONs. Anyone who falls for the transparent "if you don't want to lose money to an obvious scammer who failed to provide anything of substance, you have no balls" technique deserves to lose (a lot of money). If bliljherk101 was as dumb and childish as he looks, losing his coins to this scam would be a profitable lesson. Unfortunately, he's telling the truth when he acts like he's already made money from NEONs... he made money from the suckers. This forum definitely needs a much stricter moderation and anti-scamming policy...

Me and bliljerk101 go way way back. Even back before we were NEON Ballers.

same story but different story teller >:( Due to the recent boom in IPO i started a group to cover  X2 the fund a member deposited with  Vees Group Cover (https://bitcointalk.org/index.php?topic=400292.new#new/) which is cap at 50% of the fund Invested in any IPO. check it out and leave me a feedback  ;D

How about there should be a new guideline for these "IPO"s since so many people are getting scammed by it. Looks like anyone who got there feet wet in this lost their money anways. We've done it with the Scrypt and SHA coins with a guideline of announcing the coin before releasing the coin, why not create one for these "IPO's"  :P

The IPO NEEDS to have a white paper and images/download of the client AT LEAST(that is scanned for trojans/viruses/etc). They also SHOULD allow escrows.  If they don't have these guidelines everyone needs to label them as scams. Ignore and Report the post. We need some guidelines so more people don't invest and lose there money then cry foul afterwards.

eMunie offers a beta client for beta testers and a responsive dev, and Nxt was one of the first of its kind but at least BCNext and CfB were up-front with all tech details not like these "IPO's".

Neon lol what a crap name. If u do a scam, choose at least a decent name. Who want to buy or use something called neon lol.

These guys?

http://thumbs.dreamstime.com/x/neon-lights-tokyo-s-red-light-district-8542826.jpg

+1

Look at Neon's rep, and yet you continue to shower him in NXT, LTC and BTC's.

NEONs, are you alive?

You're 
6 l****8 0.05 BTC  ?

You're
32 n****r 0.1 BTC  ?

LOOL , fortunately enough not  , but i'll check the whole thread to find my half-brother :))

When am I going to be added to the list of founders? I bought in on the first day...

Satoshi Nakamoto has never asked people to send him money for his project.

I've already considered my contribution a loss. Well, this is the business.  :D

LOL

you prefer dealing with MIT guys like here, or directly with Nigerians

Wow, scamming seems really easy...

Meh. This was a swing, and a miss.
Yes, it's clearly very easy.

Mandatory requirements for next new IPOs:
1) IPO starter (team) self deanonymization - real name, contacts, profiles, etc. (may be, it's not needed - if escrow or warranties preferred)
2) Escrow with reliable service;
3) Proper white paper;
4) Money back for first demand.

This approach is obviously similar to nxt's approach. People right now are calling it a scam. Nxt has been launched and (although not structured) the core code has been labelled as somewhat ingenious work. People now call nxt a scam because of the way it released the coin, only 21 ( I think) bitcoins. The way I see it is, a haterz gonna hate. Take a risk and give to these scammers/geniuses because in reality, we won't know until 3+ months from now and by then it will be too late.

Yes, you will get scammed. Yes, you can make smart decisions by asking questions and critiquing the motives and promised features but I bet the same people calling these so called '2nd generation' coins a scam now will be the same ones that call them a scam when/if they successfully launch.

I say pick a side and with very little contribution to the IPO and very large potential for profits (yes, greed drives people to do stupid things sometimes), these coins should be treated as innocent until proven guilty. Although it would help there cause to provide some sort of evidence of this great features.

Just my two eMu's.

anyone here got refund?  I cant understand why ppl put money in this one.., and why ANN page become HYIP promotion  ???

You can check when the first Nxt post was made and how long he has discussed about his idea and the technical details. Yes, even Nxt, most similar to a scam, was much more than just post a vague post and get free BTC immediately.

shouldn't people wait to know its a scam before people call is definitely a scam?

You still believe in this "not proven scam"?

you 'think' this is a scam, you don't 'know' this is a scam, there is a difference...

Why can't you wait till white paper date?

NXT      3'005      3

Transaction id: 15888617784541009297

I think i understand why you hope.. for a white paper

https://bitcointalk.org/index.php?topic=387470.0
https://bitcointalk.org/index.php?topic=400905.0
https://bitcointalk.org/index.php?topic=391725.0
https://bitcointalk.org/index.php?topic=401382.0
https://bitcointalk.org/index.php?topic=400356.0
https://bitcointalk.org/index.php?topic=384097.0
https://bitcointalk.org/index.php?topic=395893.0

lol @ Trust: -6: -1 / +0(0)
Warning: Trade with extreme caution!

I think this makes it 100%

Thanks for  your time and gathering all this NEXT gen ;) coins in one place.

Nope , I don't deserve this , thanks goes to this guy:

https://bitcointalk.org/index.php?action=trust;u=37522 for labeling them

ATTENTION

I hate seeing people get scammed.  There is really no reason for people to throw their money away on these scams.  Nxt is still extremely cheap.  If the investors here just took their money and bought some Nxt, they would have been much better off.

If you were an investor in this scam, send me a PM with your Nxt address and I will give you some Nxt.  It will take me a few days to get everyones' Nxt address and then I will send out your Nxt.

Confirm my donation NXT  13899294005827461987

WTF is wrong with you people?
Are you out of your mind?

Why the OP's status has a -6 in trust???

Don't tell me you invested in this crap also?

And the -6 is because somebody labeled him as a scammed eventually.

I asked to be refunded a day ago.

no reply.

Seems I invested in all scams, apparently  :'( :'( :'(

God , how did you managed that...you're a sr.member ....
I feel so sorry for you.

On the positive side, judging by the post counts of the people ITT that claimed to have "invested" in Neon coins, I think just about everyone claiming to have sent money was a shill / puppet sent here to try and lead the herd into sending them money.

In the grand scheme of things, this Neon scam is nothing compared to what even the shitty HYIP's of yesteryear were capable of.

But if we talk about visacoin and 130k$?

I don't know who to trust, really, I don't know who is the dev of NEON, and what is the story. But why say it is a scam? Is there any evidence?
I don't think only because they are doing IPO then they are cheater, isn't NXT same at beginning?
So why it is a scam? Can somebody tell me?

Wall of text , no proof of actual client protocol , asking for coins.
99% scam.
Gone silent after getting some coins , not refunding not answering back.
199% scam.

What are the chances that NEONs is the only scammer in this thread, acting all alone?
Now who are his little helpers??

Maybe some of these shell-shocked newcomers in the thread?
I think Billy is all right, but im not vouching for anyone, and certainly not for someone THAT active in this thread.
 

pls confirm my LTC donation.

the hash ID is   c6f30101c08dba69703ff9a32b833af11ee0a8f70c4e1c046b0fbfd6b19375ae

my LTC address is    Li2fKpLb6w31aW2Z1WCJMkQrZTSZLLB5iK

Don't assume EVERYONE who is new on here are scammers IF it is a scam as nothing is proven either way yet. I actually pushed past newbie status just so I could invest in this. maybe if I had been on these boards for longer I might of been more wary? still I maintain it isn't over till the white paper date comes and goes.

It was always going to be a speculative punt...if it's a scam I won't be bitter? let people take these risks as long as they know they are risky which I think was made clear from posters.

confirmed your a moron.

Some people have to learn the hard way. Sorry to hear you're one of them.

I am sure you are one of those who missed NXT boat.

Boat? Hell, I thought that was a train!

OK, he disappears, I start to believe it is a scam now.

yea i lost 1 ltc o well....   I plan to make a new currency but my lack of programming skills is slowing me down i have tons of ideas that would hover over any of these stupid alt coins

As someone who might of just lost some money I'm not finding you being that 'helpful'....no next for you.

I will console myself with knowing I have many multiples more NXT than you, after checking your account. :)

Haha please donate :)

just to add: don't worry; NXT express will give you back twice the money neon guy took away.

Even if some of the newbies in this thread are genuine victims and not shills, you have to admit that getting scammed, or losing money in a hack is a rite of passage in the cryptocurrency world.

Stepping into this space and being given complete control of your money is like being a 19 year old teenager with overprotective parents who never let you out of the house and dropping into the middle of the Las Vegas strip with $10,000 in your pocket. If you're lucky, you can get out of there with some of the money, and you'll be a lot smarter for it when you do leave.

People are so used to financial regulations protecting them that they have become too trusting and never learned how to do proper due diligence themselves or ascertain someone's competence or character before handing them money.

After all, when was the last time you worried about the bank you use in the fiat world going broke and taking your deposits with it?

good point. scams were probably much more common in unregulated past, say early American History. people had to be wise themselves. Of course now people don't need to be wise cause the government has their back? problem is the government are now the scammers...

Is Neons ever coming back?  If you have -6 trust rating can you still log on and post to this board?

well, he got enough coins, so there will be no response anymore.. too bad. looked very interesting though  :(

Well I hope he makes good on this.  It usually does not end well for people who go down the path of scamming/theft.

So I hope he's not a scammer.  Although I can't provide any more further details (lol) let this be a lesson for people who intend to scam. What goes around comes around.  However or whatever is your justification, its just not worth it.

Peace!     

Yes. You can post :D

I'm also a revolutionary developer and also have a coin that has actually LEAPFROGGED 5 whole generations of crypto!

Check it out here and get rich QUICK!

https://bitcointalk.org/index.php?topic=404524.0

 :-* :-* :-* :-*

Is it too late to invest?  ???

Yup , the creator has already fled with all the money.
Unfortunately your investment is safe because of you being late.

FAILED..lol
Check it out here and get rich QUICK! ;D

A very generous offer from 2Kool4Skewl. I've invested all I can in Nxt, but I'd invest more in a heartbeat at current prices. People like 2Kool4Skewl are a credit to the Nxt community, and a reason to put your faith in the future of Nxt. Good ideas + good people attract more good people, and you can see this in the way people are getting behind Nxt and working together for its success.

Did the guy who supposedly designed the logo get paid his 0.2BTC?

... or could he belong to the scam gang ...

i got suspicious after reading

"we are proud to announce a new epic coin"..

I have a great idea for these IPO things.

why not have a provably unowned btc address and have people send it to that, something like
1BitcoinEaterAddressDontSendf59kuE

It will distribute the coins without having any way to scam people. If th makers of the coin want to make money, they can put their money where their mouth is.

no day 3&4..it's a scam...

There's already one. Counterparty https://bitcointalk.org/index.php?topic=395761.0

NEONs disappeared…

You referring to me as "Billy"? Better read my username twice, if you are…

To everybody who is suspecting me as being NEONs (and those who have even messaged me about it), you're missing some very obvious things…

good to know your not a scammer.   just an idiot.   If it wasn't for you more would have fell into this one.

At least he uses proper grammar. For an "idiot", that's not too bad. Just saying..

lol @ the grammaarr Nazi

where do you have two periods in a row in grammar?   just saying...


http://youtu.be/N4vf8N6GpdM

At least I try.  ;D

Sent 13 LTC.

read much?

http://youtu.be/mZbeiXZVWbM

13 LTC you will never see again.

http://block-explorer.com/address/LPCyLtXTNvqqS4pMEHdHXvUKU57GGi4ZrL

I don't see it yet so hope your kidding.

He's havin' neon.

I'm here all week.

BAD NEWS!!! >:( >:( >:(

Wow, he got sent 14 bitcoins plus who knows how many litecoins and NXT coins. All from a few forum posts.

 I'm really bewildered why the mods don't remove the deposit addresses to save some of the newbs.

Learning how to swim among the sharks is the valuable lesson.

And valuable lesson DON'T COME CHEAP

+1

Its likely that a lot of it was his own money.

Hopefully, but I doubt it.

Somebody donated 100 litecoin. There were some pretty serious NXT donations, too. 50,000 30,000 42,000

If you go off of current market value, NEONs made this much:
NXT = ~$8,433 (at $0.043/ea)
LTC = ~$2,972.69 (at $23.64/ea)
BTC = ~$11,199.84 (at $808.48/ea)
XPM = ~$19.86 (at $3.31/ea)

Combined = ~$22,625.39

And it's safe to say that all of the crypto's mentioned above are at a low right now. At their peaks, that $22k it well over $50k.

It's sad really, because the post was really "promising" in ways.

Litecoins as well

http://block-explorer.com/address/LPCyLtXTNvqqS4pMEHdHXvUKU57GGi4ZrL

We cannot truly know what was in this person's heart, but it remains true that we all reap a harvest from the seeds we sow, in this life or the next. Though the initial results may seem sweet, executing theft via fraud inexorably leads to deep personal misery...

Stay sharp, and stay frosty everyone!

As that only has a 1/2^32 chance of succeeding (https://en.bitcoin.it/wiki/Technical_background_of_Bitcoin_addresses), you probably will save money by doing that.

Pfft… NEONs will sleep well at night, every night, and $22k richer. If he was willing to do this in the first place, I can't help but think that he's definitely not experiencing any personal misery.

follow the money

https://blockchain.info/address/16wD3evfDGwXktgKRxrrjTmx5hYogzr3Mb
https://blockchain.info/address/14Y8gdCPEG7dAq1qGoAK2nYGnM2AyijLXN

WUT? You made yourself an instant posterboy for NEONs (signature, ID, etc.), you insulted anyone asking for an escrow on this thread, calling them a pussy with a serious lack of balls, posted a deluge of meme pics, and you take issue with my comment? Man, it's too late to edit NEONS out of your sig, you've been outed, time to create a new account, this one has zero cred now. And if you reaalllly were stupid enough to put money in this and insult anyone asking for escrow, you deserve what you got and you'd better create a new account anyway. This one is branded as belonging to a scammer or an absolute dumbass, and you don't wanna be identified as either of these.

im also kind of "happy" that you got scammed cause 1. you suck so much as a poster and 2. you actually felt proud that the scammer wasn't accepting escrow  ;D

Yeah, great idea, let's waste more time and energy on this. I'm sure if we follow it long enough, it will eventually find its way back into each of our respective accounts again.

)))

My account? lol… I love my account.

Wait… Let me collect my thoughts here: You're really bent out of shape over a post by a brand new user claiming there is a fantastic new virtual currency, but provides NOTHING to prove that it actually exists (not even a whitepaper)...and you're mad at me about it? lol… How do you want me to respond to this? This is all just fun for me. If you're mad you lost money, just reach out to NEONs.. I'm sure he'll be more than happy to refund you. lol


I'm happy too ;D I would pay 1.5 BTC to piss off a bunch of people any day.

Now back to my RL...

That's of course only true if you are who you claim to be and did what you claim you did!

Maybe it's time for you to really prove the size off your balls by publishing proof of your BTC transaction with NEONs.  ;D

It says "LilJerk" right in my payment note on the Blockchain… Only a moron would not realize this is me.

But in any case, I suppose this was indeed a scam, so might as well show my indisputable proof.

SHA256 this hash "5708e944c2fcc5814ef62995f0e1c3271423fd9a4a89f7eb12e766373b1e0468" (without the quotes) -> You will end up with the hash that's in the note on the block chain for my payment: https://blockchain.info/tx/41596b0b398a494695c7aaa34556814415bac963519754da395393fdf1b8543b

http://www.freesmileys.org/smileys/smiley-laughing002.gif You do realize that the size of of balls generally has no relation the the size of your brain which you've so willingly proved for everyone here! http://www.freesmileys.org/smileys/smiley-laughing002.gif

:-)))

by the way, bliljerk101 - what about this guy then? It must he Satoshi himself  ;D http://www.youtube.com/watch?v=ycxvxR3lM5M (http://www.youtube.com/watch?v=ycxvxR3lM5M)

Oh, so it turned out to be a scam all along? Well colour me neon surprised.

Hey, if you spent $20, its probably not worth your time. If you put in $1000+, it might be worth your effort to check blockchain for a few minutes. You can also check Google to see if the transaction was posted anywhere as a receipt, compare against vendor wallets, etc.

Also, if Neon lives in the US, this is a federal crime. Spite is a pretty good motivator in itself.

Surely the most obvious thing to do in these cases is to take your ill-gotten funds and dump them into an anonymous exchange (that you connect to via Tor) and/or do mixing transactions with blockchain.info? And then route through three different alts before ending up as bitcoin in your "real" wallet. Or do I overestimate the technical capabilities of these people.

Before anyone accuses me of giving them ideas -- smart scammers already know this; the others aren't inclined to learn.

Thanks for making my day...

Do you really think I put a single satoshi in this obvious scam? Do you see a C***l anywhere among the founders? :D

Of course, I wasn't thinking of myself, just trying to protect a few noobs/naive bitcoiners from your intimidation tactics ("you have no balls/are spineless if you ask for evidence or escrow, dawg. NEONs really needs people eager to believe anything they're told and send money without a shred of evidence as founders"). If you really lost 1.5 BTC(you could have sent them to yourself), talk about a nice case of poetic justice, ahaha...

I realize some serious coin has been stolen here, but I just can't seem to be able to find any sympathy for our poor Neon baller bliljerk101.

Although I can't offer you any sympathy bj101 I will share with you this link, so at least you wont feel all alone out there!

http://www.youtube.com/watch?v=iWd7_rVlcio

You guys are so mad… lmao.. I'm the only one enjoying this thead  ;D




But then again… If I were all of you, I would be mad I'm not me too. ;D

No update in a week. Guess the owner ran off with the coins? Easiest money he ever made.

lol… I couldn't choose  ;D

Agreed. There is no free BTC.

You spent yours trying to multiply it, and by being a greedy fool.
He earned it by taking another kind of risk - traces of this "IPO" will remain on network, and one day... well you never know how this might end up.

It's not like we didn't warn you.

Uh oh… Sounds like some people are already placing assassination bounties on SR lol

Well, if that's the case, let me just reiterate CLEARLY to all of you that are/were suspicious of me -- I am NOT associated with NEONs… I lost my own 1.5 BTC.   ;D Proof is all there in what I provided. Those coins came from my Bitstamp then went to a new blockchain.info wallet I created before sending to the NEONs investment account.

Better watch out NEONs, here's a message from qtgwith

Any update from this baddest dev? 

Just sent 15 000 NXT. So when we start.

???

Have you read all the posts in this thread.

Mods, could you please add a SCAM warning to this thread?

EDIT: Have reported to the moderator and requested a SCAM warning in the post #1.

Yeah, if people are still getting scammed, we definitely need a scam tag (I think bliljerk douchebag deserves one too, for being the most disgusting enabler I've ever seen on this forum) and addresses need to be erased from OP.

This is scam!!!
Read this thread!!!

The OP has already got a red negative trust level, but people still give him money without even reading the most recent posts in this thread. Sigh.

Then it's their own fault for being so reckless. Nobody deserves to be scammed, but if you don't even read what it is you're buying, then it's just as much your own fault.

Karma can be a patient maiden...

On the other hand ... people are SERIOUSLY still sending this guy money?

https://i.imgur.com/m3AkKpT.jpg

I know this place kind of prides itself on lack of moderation, but seriously, something needs to be done about IPO's.

Setting up with an escrow should be mandatory before making an IPO thread. If someone asking for funding has not already made an arrangement with a reputable escrow, their thread should be deleted immediately.

I just sent my last 12 bitcoin to him, I hope this isn't a scam! That was all the bitcoin that I had! TO THE MOON NEONs!  ;D

I'm sorry, but are you retarded?  :D

This man promises that Neons will be launched soon. He even invited me to his yacht party! I am not retarded! TO THE MOON! I INVESTED MY LIFE INTO THIS! WOOOOO!

Interesting… so that's what he spent my investment money on  :D

Bro don't be a smart a**, I will not tolerate your ignorance coming towards my direction. I have much more money and experience than you my not friend. This is the coin of the future. I got big balls my friend, large. Well, Larger then most men anyway.

lost 1 btc to scammer

You should get them checked out. You could have a couple of tumours growing in your ballsack. That would also explain your current state of mind so many feels.