I did not follow the Paycoin-Story from the beginning and reading here not constantly, therefore one question:
Was there any not broken promise?

What are the people buying with Paycoin? Just hope for better times?

I don't understand why the price is still that high in comparison to really good projects with honest and skilled Devs...

Maybe it's not the question if Paycoin is a planned Scam or not. Maybe the disturbing reason for this mess is: Paycoin is the insane dream of a mentally-ill person... Sometimes I think he is believing his own words. ;-)

Nope... the real "Neucoin" is N E O S !
Same meaning but better sounding.

That is really funny!

1. Since when rich people don't want more money? ;-)

2. And if they don't want the money, what will they do with this:
"- 0.2 billion retained by founders for $1 million of work invested
- 0.1 billion sold to initial seed investors for $250,000
- 0.2 billion sold to strategic angel investors for $1 million cash invested"

3. And this:
"- 2.4 billion held by the three non-profit foundations: 0.4 billion - Code foundation / 1.0 billion - Growth foundation / 1.0 billion - Utility foundation"


4. Almost forgot the 3,3333% of the Coins to sell to the communitiy:
0.1 billion to be sold in presale to crypto-community


What do you think will they do with all the money? Donate it? What will they do with all the "Neucoins"? Hold it to infinity?


There are just two possible scenarios:

1. They do it for the money
2. They will be and want to be a central bank

And they could want both! Why do we need Central-banks in Crypto? This will turn out as a Scam or as a centralized project (or both) with all the power in the hands of just a few people. And everybody who invests in it needs to trust them. And sorry, but I don't believe in "non-profit-organisations"... it sounds like a joke and I would feel like an idiot if I would believe that and give them some of my money. ;-)

Plus: If it should be true, that they just have honest plans, they would have to prove it over time.... over years. But there will always be doubts, because nobody will ever know it. At the same time there are some really great projects out there without this extreme wealth- and power-centralization.  The downfall is already implemented. I will watch it like I watch/ed Paycoin.

It's all great, but this...


...is the "basic-key" in my eyes. Currently maybe too less people in Crypto recognize how important stability and user-friendliness will become.

If you would like to mine other coins for Neos: http://mp.neoscoin.com

I wouldn't say it's too much, it's about distribution. Take a look in percent:

3 billion = 100%

- 2.4 billion held by the three non-profit foundations: 0.4 billion - Code foundation / 1.0 billion - Growth foundation / 1.0 billion - Utility foundation = 79,99999%
- 0.2 billion retained by founders for $1 million of work invested = 6,66666%
- 0.1 billion sold to initial seed investors for $250,000 = 3,33333%
- 0.2 billion sold to strategic angel investors for $1 million cash invested = 6,66666%
- 0.1 billion to be sold in presale to crypto-community = 3,33333%


A few people holding ca. 97% of the whole supply! Maybe just two or three, maybe 10 or 50. We will never know. And "non-profit foundations"? Really? In Crypto?

Why do they need a community? I think, they should give the 3,33333% also to the founders, let the "community" alone and play with themselves. ;-)

And why 0.2 billion for the founders for $1 Mio? They planning to sell 0.1 billion in a presale to the Community and it seems, they believe in this price:

"Coin prices should be less volatile and remain intuitive for consumers from launch ($0.01 per NeuCoin) and into the future"


That would be $1 Mio! Plus the same amount sold to strategic angel investors, but for $250.000?

Whatever price they will choose for the presale... In my eyes every satoshi would be to much for this.

That:

Three billion pre-mine allocation:

- 2.4 billion held by the three non-profit foundations: 0.4 billion - Code foundation / 1.0 billion - Growth foundation / 1.0 billion - Utility foundation
- 0.2 billion retained by founders for $1 million of work invested
- 0.1 billion sold to initial seed investors for $250,000
- 0.2 billion sold to strategic angel investors for $1 million cash invested
- 0.1 billion to be sold in presale to crypto-community


...seems a "little bit" risky to me.  

And this:

- 0.2 billion sold to strategic angel investors for $1 million cash invested


...could turn out to be a simple manipulative move. I think:
"Wow, the 0.2 billion are sold for $ 1 Million! Marketcap should be at least at 15 Mio! I have to buy this and have faith that the three foundations, who will hold 2.4 billion are really "non-profit", and the founders who will hold twice of the amount that will be sold to the community, as well."

I would need a lot of faith to buy this. Don't have that much.

Reminds me on Guerillacoin... In the beginning all looked great, but than it looked manipulated... and then the Devs was gone. My big mistake was: I stayed in, because I thought they would try to accumulate through panic, come back and start the rocket for own profit. But, they did not.

I've learned from that... I will never buy a "Hype-Coin" again and this one looked to me as one since the beginning with "ATMs" etc. I don't want to say LXC was started as a scam, but it was started with big promises to create hype and I don't trust Hype-Devs anymore.

If I would hold LXC I would think through this:

Scenario 1:

Dev comes back and goes back to work. Problem: Trust is damaged and it would be a hard way to rebuild it.


Scenario 2:

Nobody will develop this Coin and price will go down, than comes the delisting and so on. Worthless. And if I would be invested and thinking that this will happen, after my GUE-Experience, I would sell to every price. A loss is better than a red zero.


Scenario 3:

The Community finds a new Dev. Cloak did that. It's still bad in relation to Cloaks "big times" (Bob....pump) but it seems, there could be some hope (I don't say it because I own Cloak, but I watch). But: It's a question about the potential of this coin. A great Dev won't overtake a damaged Project.

I watched LXC and owned 1 LXC to see the changes in my Bittrex-Wallet, but I never felt safe enough to really buy in.

Für mich bleibt die unterbewerteste Perle Neoscoin. Der Dev ist wirklich gut und absolut immer da und extrem fleißig. Er legt noch immer großen Wert auf einen cleanen Code und eine starke Basis und bisher fehlen etwas die Nachrichten um den großen Hype auszulösen, aber die Pläne dafür sind da. Und: Jeder der die Wallet gesehen und v.a. selbst getestet hat ist begeistert.

Wer sich informieren möchte, der erste Teil eines zweiteilgen Updates wurde vorgestern veröffentlicht:
https://bitcointalk.org/index.php?topic=951349.0

Schon die Installation der Wallet ist genial gelöst, per "Launcher"... Das zeigt auch die Richtung in die Neos geht: Stabilität und Easy-to-use. Dasselbe gilt übrigens ab jetzt auch für Updates... dafür gibt es eine Update-Funktion in der Wallet. Das läuft dann so:


$neos #neoscoin update - click the lightning icon in the menu and then update.  fixed some quirks found. let me know if you need a hand
https://twitter.com/NeosCoin/status/565470280001536001

Arbitrush (Anonymisierungsfunktion) wurde übrigens wieder rausgenommen, da Syntaks zu dem Schluss gekommen ist, da gerade falls Neos erfolgreich werden sollte, es damit zu Problemen kommen könnte weil die Devs zum Ziel werden könnten. Den Gedanken hatte ich insgesamt oft. Ich meine... angenommen Darkcoin wäre was die Anonymisierung betrifft technisch absolut genial und nicht zu knacken. Der Dev ist nicht anonym... Er könnte vermutlich einfach gezwungen werden Hintertüren einzubauen und keiner würde es wissen (wie es ja viele Konzerne für die NSA getan haben).

Für alle die es interessiert, gibts auch per Screencast noch einen guten Überblick über das was vorgestern veröffentlicht wurde und das was noch kommt:

Teil 1
https://www.youtube.com/watch?v=osiyWzbV3Og

Dazu muss ich sagen: Der Ton ist beschissen weil sein Mic kaputt war, aber was er zeigt ist zum Teil echt genial. Vor allem die Security-Funktion. Es läuft darauf hinaus, dass JEDES Passwort zu funktionieren scheint... nur das eben ne Fake-Wallet angezeigt wird. Das wird allerdings erst im nächsten Release kommen. (Er zeigt die Funktion ab ca. 340)

Teil 2 (Ton wieder okay):
https://www.youtube.com/watch?v=bC2lOXSqBro


Was ich bei Neos genial finde, ist, dass da wirklich Leute am Werk sind die langfristig denken, Wert auf Details und Stabilität legen, sich selbst über Kleinigkeiten beim Design Gedanken machen usw. Und was ich persönlich nach einigen miesen Erfahrungen wichtig finde: Dem Typen kann man tatsächlich vertrauen. Ich habe mich Monate gefragt ob der nur unendlich professionell ist oder tatsächlich so aufrichtig, zuvorkommend, hilfreich, freundlich ist... Und mittlerweile bin ich sicher: Der ist wirklich so. Einer der wenigen Idealisten und gleichzeitig noch echt fähig.

Noch ein Pluspunkt, wenn es wahr wird: Syntaks und TheMage scheinen sehr eng zu sein. Letzterer ist der CEO der kommenden Börse Koinyx:
https://litecointalk.org/index.php?topic=22350.0
http://www.koinyx.com


Diese Börse soll, wenn es soweit ist, voll lizensiert sein und auch Fiat-Handel ermöglichen. Neos ist einer der Altcoins die gelistet werden sollen wenn die Börse startet. Man kann die Bedeutung möglicherweise auch daran erkennen, dass er in der Aufzählung gleich nach den schon etablierteren Schwergewichten kommt.


Um auch mögliche Negativ-Punkte nicht zu verheimlichen: Es gibt so gut wie keine gezielte PR, zumindest bisher. Preis und Volumen sind nicht besonders hoch. Allerdings ist der IRC ständig voll und die Anzahl der Twitter-Follower steigt ebenfalls sehr beständig und beschleunigt.

Zweiter Negativpunkt, bei dem ich nicht genau weiß ob er zutrifft, aber es ist mein Eindruck: Die tägliche Inflation von etwa 14.400 NEOS drückt etwas auf den Kurs. Allerdings steht in ca. 4 Monaten das erste Halving an.

Wer schnell auf dicken Profit hofft könnte hier falsch sein (wäre zumindest die letzten Monate falsch gewesen) aber aus eigener Erfahrung kann ich sagen: Wer langfristige Interessen hat... kann sich da echt sicher fühlen. Und ich glaube, Neos kommt langsam an einen Punkt an dem es interessant wird, weil die "Basis-Phase" langsam abgeschlossen zu sein scheint und Syntaks große Pläne hat für das was dann kommen soll (Neos-Marktplatz etc.).

I think, the better name is Bitcoindark. And maybe... the better solution as well.

Thanks a lot!

Does anybody know a site to check the volume of the new Coinbase-Exchange?

Wisdom doesn't show it:
https://bitcoinwisdom.com/markets/coinbase/btcusd

Yes, right! But: If you think about it who benefits and who loses from export: The bigger corporations benefit, the middle class loses. And that's simply the game in the EU (and I think, in the USA as well).

What follows is: Jobs in the middle-class got lost and the corporations can lower the wages... And you can call it a modern version of slavery and the EU is on the way to go in this direction in the whole EU, but mainly in the South! If they should be successful the big corporations will have an El Dorado in the south and the EU would be like an extremer version of Germany.

But: There is a lot pressure against it. Greece is just one example. My "prophecy" is, that it will shred the Euro in the next 5 years.

By the way: It could help Bitcoin.

One click for the download
One click for the installation of the launcher
One click to start the wallet

ca. 20 seconds... and foolproof

Germany is not that strong as many are thinking. "We" are a export-nation. Without a strong export the unemployment will rise hard. It's in german-interest to keep the south in the game because it could be the end of the Euro if south-states would leave. And that's why our government is in a weak position. They won't pay the demand for WW2 but they will make concessions. But, it's just playing time (delay the dynamic). It won't help long. It did not help in the past it won't stop the dynamic.

Yes, but if you look at greeces economy: To be economic-competitive they would have to lower wages (20-30%)... that would lead to civil war. They don't have much export, more import. If they could depreciate their own currency it would attract money and investments, help the export, help the tourismus-industry. If they will stay in Euro they will stay in dependence.

It's not that easy... they would need help in the first time, too. But there will be no economic growth in greece with Euro. They need a more flexible currency. The central bank devalues the Euro and says, the reason is deflation. The real reason is the banking system and to help the export-economy. But that is not enough for greece. Same for the most south-states.
  
 


I did not say extremists, I said "more extreme". And I don't think they are idiots. In my opinion they are very rational and they have the right to speak for the normal Greece-citizens who are suffering. And yes, corruption is a big problem, but it's a problem in the highest EU-circles as well. We live in a time where banks can do anything. They are keeping profit for private and demand that the EU-citizens pay their losses. The money other states send to greece... it was not to rescue Greece, it was to rescue creditor-banks. Germany (just for example) sends money of his citizens to greece and greece sends it back to german banks... I would name that dynamic raid. ;-)


The whole system is corrupt! Greece is just more obvious. Germany protects a corrupt Siemens-Manager who is accused, but Germany denies to deliver the man to greece (just one example!). Greece is more extreme than most of the other countries, but there is a lot of corruption on every stage.


Yes... it's about policy, but also about simple maths. It's impossible to pay back the liabilities. Even Germany pays nothing back, not even if the economy is doing very well.

Take a look:
http://www.aref.de/kalenderblatt/mehr/pics/staatsverschuldung_deutschland_entwicklung.png

It nearly doubled the last ten years. And Germany is maybe the "healthiest" country in the EU. The second largest outgoings of the State budget are interest-load.
 

Yes... but debts are rising every year and accelerated and the interest is rising as well. The economy would have to grow every year and endless. Impossible. Such a system won't survive and never survived. There are just two scenarios: Massive Inflation or currency collapse (or both at same time).


Yes, right. But the main-problem is the lack of wealth-distribution!!! If 1% on this planet holds more then the whole rest, and thats a fact, it can't end well. Thats impossible. It's a worldwide problem, not just of the EU and indeed not just of greece. The USA has the same problems. China as well. The richest become richer, the normal become poorer and the poorest sleeping under bridges. For now there is just one antidote: More debts. And again: It's not just about the countries, it's mostly about the banking-system. The collapse of just one bigger bank can lead to a worldwide economic depression. I just say Lehman... ;-)

There is no contradiction. And yes, cheaper loans for governments but also for the banking system and stock markets. People are wondering why there is no inflation because all of the money... The inflation is in the stock-markets, because most of the money never reaches the real economy.

In short-terme I agree with you. But, longterm and in case of Greece: They won't stay in Euro because the simple fact, that they need a "softer currency". Their economic strenghts is not strong enough. For the next months I think, we will see some compromises on both sides (EU and Greece), because nobody has an interest that Greece leaves the Euro. But in longterm... I don't think they will stay. I don't think Euro will survive the next 10 years. We already see a "tearing dynamic" (don't know if it's the right word) in the EU-population. The next elections of the South-States could bring another parties like Syriza to power. Even germany (I'm from germany) is not immune for more extrem parties. And: Greece is just earlier than some others. Every state is over-indebted and some others will come to trouble soon. The only antidote are more liabilities and the central bank pumps the market... It's mathematically impossible that this game will end well.

Most important: It's all about the banking-system. That's why even Obama and the US-finance-industry is in custody about Greece. The banking-system is over-indebted, more than the EU-States! It's like a house of cards. It doesn't need much to crash it.  

There are some projects out there with much more volume right now and a higher marketcap right now, but dead before they really getting started. In the end it will be about a stable base, detail-work, a honest and skilled Dev-Team. It would be really easy to pump Neos. And it would be easy for the Devs to hype it. But there is something like a silent agreement between the Team and the steadily growing community: Quality needs time... and quality needs Devs who do their work without too much pressure out of the community about the daily price.

There is a lot going wrong in Crypto and a lot ppl have lost a lot money because of that. And Neos makes it different. Nobody has to buy it, but my advice is to keep an eye on it. Why? There is a lot money in scams and indeed dying and abondened Coins. Crypto is in a stage that most of the Coins will disappear and less new ones will pop up. The last year there was a focus on a quick buch, on promises and hypes without any stable base and greedy Devs. People will learn to focus quality and to feel safe. It's all about quality and honesty and therefore it's about the Devs... and it's about time and timing. It's that simple. That's why I sleep very well with my Neos. ;-)

Thanks for the question! Take a look here:

[ANN][NEOS]Neos v2.0.2 Released - SHA256, Automatic Backups & more inside
Today at 02:11:45 PM
https://bitcointalk.org/index.php?topic=951349.0


Far away from dying... ;-)