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661  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 23, 2016, 12:59:27 PM

I try to stay neutral in my opinion of other coins, but this one has always looked sketchy. They have been on the radar of numerous authorities, but somehow still operating. Do they have to collapse with everyone's money, before something is finally done?


OneCoin Ponzi Scheme Adjusts Tactics To Recruit More Members

http://themerkle.com/onecoin-ponzi-scheme-adjusts-tactics-to-recruit-more-members/

Though I haven't spent much time researching their model, I steer far away from any MLM type schemes that rely on tiered recruitment.

They should rename it "MadoffCoin"  Grin
662  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features on: March 23, 2016, 12:49:38 PM

So, who is this new "dev" with a newbie account? I suggest you ALL go here:

https://bitcointalk.org/index.php?topic=1403557.new#new

and state your opinion of his "takeover" or we may find we hold nothing some day soon. I can't believe this guy hasn't even bothered to talk to the existing community or, am I missing something?

663  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features on: March 23, 2016, 04:06:59 AM
Whoever has control of OP can you please log in and make some posts to show jpg images and fix some broken links?

We are trying to contact the original developer. We are workign on a ANN thread for gathering all the informations.

Please don't get confused: We are not the ppl trying to change it to sha256 like anounced on bter. If you check a few pages before you can see my posts and teillagory with others.

We will provide updated informations soon.

So, development on the real, original TIPS will continue?
664  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HEX]HEISENBERG HEX - OFFICIAL THREAD!![HEX] on: March 23, 2016, 03:33:51 AM
i had most of the coins back in 2014, since I bought a buttload when it was dying out. now I have none of it. If swisscex burned my coins, the price should be much higher, since theres over 3 billion of my hex that was lost

Still holding on to about 40 mil just for nostalgia's sake I suppose....
665  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin-FINAL BETA LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* on: March 22, 2016, 01:51:06 AM


Any new word on the release date or, approximate release date?

666  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 21, 2016, 12:36:40 PM
Alan,

Contrats on the book so far! When, and where, will it be available for purchase?

667  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 21, 2016, 12:30:22 PM

If it goes as well as we plan for, we'll have to plant a forest.


Strange you should mention this, a while back I had the idea of planting trees to offset the carbon emissions of our blockchain. I guess great minds think alike!

I seem to remember there was an altcoin that tried that, don't think it worked out in the long run...
668  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 21, 2016, 12:28:11 PM
Wow this book looks like great !! Congrats Alan  Wink  remember plant a tree too.

yesterday mining get burned jack conectors of gridseed blade :S just working at 750 mhz can go to 850 with no problems . so strange. But i got another 2 burned time ago.. i buy 4 at same time, maybe is the quality of conectors i dont know but dig for months without problems, so i need to buy new ac conectors
just keep mining at 1.4 mhash for the while with other asic.

The Gridseed connectors are VERY problematic especially if your talking about the 5 MH/s black units. The connectors are small for the 2 to 3 amps each is expected to handle and, over time, they get brittle and shrink creating a poor connection which, produces ever more heat during operation. More heat makes the plastic shrink and get even more brittle until the whole assemble fails which can cause a real fire. I have 30 of these units and I finally resorted to soldering the power wires directly to the circuit boards.

Also, don't buy the cheap connectors from China offered on eBay, they don't fit well. If you plug in the power connector and it moves around or feels loose, it will burn out after a while. Remember, you are passing upward of 25 watts or more through this little connector originally made for an audio connection or a very low voltage, low current power connection.

SO, if you can solder, do so. If not make sure you have the correct size connector and it fits tightly. Check them often in operation for excessive heat and if you smell smoke, go directly to the Gridseeds for the source!  Shocked
669  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 19, 2016, 01:40:30 AM

The disappearing wealth of the American middle-class:


1 chart every middle-class American needs to see



http://www.usatoday.com/story/money/personalfinance/2016/03/18/1-chart-every-middle-class-american-needs-see/81966418/

Wow! That is MUCH lower than I thought. Now I can justify feeling poor!
670  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin-FINAL BETA LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* on: March 17, 2016, 09:31:40 PM
Why da fuck you need to make a swap If you already have a reason to increase the market cap?

Because syscoin 2.0 runs on an entirely different blockchain.

--

We're testing what we expect to be the final beta internally right now. If all goes to plan we'll have this available to the public by this weekend as well as some info regarding the final sys2 mining schedule, etc. via blog.

No fucking reason to reduce the fucking monetary base.

You are trying to fool some fucking assholes artificially increasing the price.
(Less coins, same market cap=increase the price for 300 to attract fuckings assholes.)

You have an interesting project, there is no reason to reduce the number of coins

Good lord, don't you have any real argument to put forth? And, try using some new words next time, the old ones are getting annoying.
671  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 17, 2016, 02:05:04 PM

This is why I will never trust the banks with their own private blockchain!! 100 different financial institutions in 30 different countries were involved.


Bangladesh central bank chief resigns after $101 million heist

The chief of Bangladesh's central bank has resigned after losing $101 million in a bank heist that spanned at least four countries and raised questions over the international banking system's vulnerability to cyberattack.

A spokesman for Prime Minister Sheikh Hasina said the resignation of Bangladesh Bank Governor Atiur Rahman was accepted on Tuesday. Fazle Kabir, a former finance minister, has been chosen as Rahman's replacement.

Bank robbers successfully made five transfers out of Bangladesh Bank's account at the New York Fed in early February.

The request appeared to come from a Bangladesh server, and the thieves supplied the correct bank codes to authenticate the transfers, the New York Fed said.

Officials in Bangladesh suggested that hackers were to blame. The New York Fed maintains that it was not hacked.

Spoofing servers is a common technique that hackers use to steal money and hide their tracks. It's akin to placing a phone call using a number from another area code -- your call could be coming from Los Angeles but appear to be coming from Chicago.

It's unclear how the robbers obtained the correct bank codes, however.

Most of the stolen funds ended up in accounts located in the Philippines, while roughly $20 million went to Sri Lanka.

Bangladesh Bank said it has recovered all the money it lost to Sri Lankan accounts, and was "working closely" with authorities in the Philippines to recover the remaining funds.

The robbers tried to steal $850 million more, but the New York Fed denied those transactions. It's not clear why the $101 million in Bangladesh Bank funds was allowed to be transferred to third-party accounts in foreign countries.

The Bangladesh central bank said it was hopeful that all of the missing funds would be returned

"We are optimistic about recovering the money we lost," said AFM Asaduzzaman, a spokesman for Bangladesh Bank, prior to Rahman's resignation.

Rahman could not immediately be reached for comment.

http://money.cnn.com/2016/03/15/technology/bangladesh-bank-new-york-fed-bank-robbers-resign/index.html?iid=hp-stack-dom


Clearly an inside job or, at least, with help from inside. Sometimes, we give too much credit to "hackers" (actually "crackers" if, unlike the media, we choose to use proper terminology). Bank employees, at the lower levels, are grossly under paid and not at all appreciated. A recipe for disaster if there ever was one.

   

You're right, hacker has been used by the media as a blanket statement to cover a wide variety of con artists.

That is a very good point, they tend to use 'hackers' as the scapegoat when it has not been proven what exactly transpired. Do you think we need a DCEBrief article around that topic?

If you want to publish this, feel free.

To Hack or Crack, that is the question...

Hacker? Cracker? User? Programmer? Coder? Really not much difference today but, there was a time when being any of these was a revered and sought after position to be in.

Not to belabor the point but, back in the days when all this started, '70s & '80s, a "hacker" was someone with the skills to actually take a few circuit boards, or, make a few circuit boards, wire them together and create something that might become the forerunner of the modern computer. And, not just computers but all manor of electronic circuits and devices. To be able to "hack" a circuit together was a banner of excellence in hobbyist circles, a title to be earned, a moniker of respect and admiration from the GOOD guys!

A "Cracker" on the other hand was someone that used his skills for illegal purposes such as making free long distance calls or getting the pinball machine to give you free games. Crackers were revered as well but by a totally different group of people. Some of us belonged to both the dark side and the light side but one or the other soon won out.

So, what is (was?) a Hacker really? If you could turn grandpa's old tube radio into a guitar amp, you were a "hacker". If you could build an electronic timer for your Christmas lights, you were a hacker. In reality, if you could re-purpose old electronics into something new, you were a "Hacker". And lets not forget creating stuff from scratch.  I can remember going to Radio Shack to buy blank PC boards and etching solution to make my own circuit boards. We would take a "magic marker" and draw the lines on the copper side of the board for where we wanted the copper to connect components together then, cover the board in etching solution (acid) to eat away all the unwanted copper. As far as the design was concerned, you either copied the layout from articles in "Electronics" magazine or, you drew it out by yourself using your very own brain!

After that, we would use alcohol to remove the marker, drill holes for the components, mount and solder, and, "Ta Da!" a logic board, or radio, or frequency counter or whatever circuit you had the skill and patience to make. THAT was hacking. Connecting home made logic boards and displays together into a rudimentary computer? THAT was hacking! Think about it, this was unknown territory to most of us. We would run around like crazy people if we could get  a couple of chips to add whole numbers and light an LED to prove it! Words like "Altair", "ENIAC","Pegasus", "Colossus" and "AN/FSQ-7" excited us. Later, "TRS-80" and "Commodore" could draw our attention from across a crowded room. It was a magical time and we were the wizards of the realm.   

Today, it seems, we have lost the wonder, the imagination, the self satisfaction of making something with our own two hands that performed a function heretofore not performed. At least, most of us have. And that is where DNotes and other digital currencies draw us in. Once again, we have the ability to create something that performs a heretofore unknown or unused function, put it out there and watch it grow and amaze people. And the carrot is still being dangled on the stick. If we do it well enough, there will be substantial rewards. 

One of the things my friend and I designed and built in the back of his TV shop was patented. It wasn't glamorous, it never went into production but, it was patented and that, even though it cost us considerable money, was worth all the effort especially because the reward WAS in the effort and seeing the device work. Today, even the electronic hobbyist mostly uses "off the shelf" components and purpose built circuit boards. Want to add an audio amplifier to your project? Order a pre-built board from DigiKey. Need a power supply? There are thousands of pre-built modules to choose from.

What it all boils down to is this: people are creative. We have an inherent need to build and admire our work. Say the guy next door builds a swing set for his kids. It's the same thing, even if he bought a kit, it's the same thing. He used his hands and his brain to create something that did not previously exist.

Today, the Internet has enabled almost all of us on the planet to create something, to make a mark, to say "Look what I did!" The good guys and the bad guys are still there but now they get to hide behind a keyboard, to play both sides of the field, to hide in the digital shadows. The lines have blurred and those who don't know the history involved or, choose to ignore it for there own gain, are only making the problem worse. The popular press does not learn from it's mistakes since there is no longer any understanding of what a "mistake" is or why integrity is so important when publishing something most people will automatically take as gospel.

Have we lost the wonder of those pre-internet days when a blinking LED put you on top of the world? Maybe but, I would like to think it's just a matter of time before the next big think hits. Has that already happened? Perhaps. Perhaps it's the reason we are all here and reading this.

So, to all the true hackers out there, bravo! Keep up the good work. And, to all the crackers out there, it's time to come in from the cold, use your skills to advance the greater good and we will all profit in the long run.
     
672  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin-FINAL BETA LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* on: March 17, 2016, 12:41:12 PM
sold all my SYS now - been holding for a year Smiley
got profits!

A bit premature don't ya think?
673  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔$250k Investment, DigiByte Gaming, #DigiByteTip, DigiSpeed on: March 17, 2016, 12:24:04 PM
9When Jared broke the fifth seal, I saw underneath the the souls of the investors who had been slain because of scammy devs and their shitcoins, and because of the false promises which they had believed; 10and they cried out with a loud voice, saying, "How long, O Jared, holy and true, will You refrain from judging and avenging our investment money on those scammy devs with their false promises?" 11And there was given to each of them a stash of DigiBytes; and they were told that they should be patient for a little while longer, until the number of their fellow DigiByte investors and their brethren who were scammed even as they had been, would be completed also.

DigiByte Revelations 6: 9-11  Cool Cheesy
lol.  Scammed investor need cast out his false idols on an exchange or something before he receives any Digibyte and only then will his soul be freed!    Grin

And the Lord said unto them "HOLD"....
674  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin-FINAL BETA LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* on: March 17, 2016, 01:19:34 AM
Yes of course, shitcoins that are nothing worth are of course all under the radar lol, dont make me laugh.

Quoting you for a year from now chief, cheers.

I'm sure SYS will be in an awesome spot but so will wbb/1ex...more than you know.  Don't say I didn't give you a heads up. Wink

There is certainly room for more than one success story. Best of luck to you as well!
675  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 16, 2016, 01:58:10 PM

This is why I will never trust the banks with their own private blockchain!! 100 different financial institutions in 30 different countries were involved.


Bangladesh central bank chief resigns after $101 million heist

The chief of Bangladesh's central bank has resigned after losing $101 million in a bank heist that spanned at least four countries and raised questions over the international banking system's vulnerability to cyberattack.

A spokesman for Prime Minister Sheikh Hasina said the resignation of Bangladesh Bank Governor Atiur Rahman was accepted on Tuesday. Fazle Kabir, a former finance minister, has been chosen as Rahman's replacement.

Bank robbers successfully made five transfers out of Bangladesh Bank's account at the New York Fed in early February.

The request appeared to come from a Bangladesh server, and the thieves supplied the correct bank codes to authenticate the transfers, the New York Fed said.

Officials in Bangladesh suggested that hackers were to blame. The New York Fed maintains that it was not hacked.

Spoofing servers is a common technique that hackers use to steal money and hide their tracks. It's akin to placing a phone call using a number from another area code -- your call could be coming from Los Angeles but appear to be coming from Chicago.

It's unclear how the robbers obtained the correct bank codes, however.

Most of the stolen funds ended up in accounts located in the Philippines, while roughly $20 million went to Sri Lanka.

Bangladesh Bank said it has recovered all the money it lost to Sri Lankan accounts, and was "working closely" with authorities in the Philippines to recover the remaining funds.

The robbers tried to steal $850 million more, but the New York Fed denied those transactions. It's not clear why the $101 million in Bangladesh Bank funds was allowed to be transferred to third-party accounts in foreign countries.

The Bangladesh central bank said it was hopeful that all of the missing funds would be returned

"We are optimistic about recovering the money we lost," said AFM Asaduzzaman, a spokesman for Bangladesh Bank, prior to Rahman's resignation.

Rahman could not immediately be reached for comment.

http://money.cnn.com/2016/03/15/technology/bangladesh-bank-new-york-fed-bank-robbers-resign/index.html?iid=hp-stack-dom


Clearly an inside job or, at least, with help from inside. Sometimes, we give too much credit to "hackers" (actually "crackers" if, unlike the media, we choose to use proper terminology). Bank employees, at the lower levels, are grossly under paid and not at all appreciated. A recipe for disaster if there ever was one.

   
676  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NOTE]DNotes - Company Launch and Book for Small Business Owners in 2016... on: March 16, 2016, 01:46:20 PM
Found this interesting piece on coindesk. Bitcoin and Public Blockchains Will Power the Smart Contracts Revolution

[...]  

Target market

But who needs this service? Why would someone seek an environment where such un-alterable settlement would offer any efficiency? Well, like all things blockchain, these features will find their efficiency through any agency that stands to gain from the regulatory benefits of not having custody of funds.

Or, better still, these features would offer efficiencies in the world of the underserviced, where custodians for these funds are either unavailable – or worse still, to be found amongst the company of problematic institutions without insurance or verified holdings.

At the moment, two distinct classes of 'blockchains' are tackling this market: public blockchains such as bitcoin, and distributed ledgers (sometimes labelled "private blockchains").

However, both systems have shortcomings in their current forms that are impacting their ability to find widespread adoption.

Private blockchains miss the efficiencies of smart contracts in a number of obvious ways.

Chiefly, bearer assets are not supported, and thus value of any kind is not escrowed. This means that despite the outcomes in which a "distributed ledger" or "private blockchain" determines how funds should be routed, moderation and regulatory hurdles will nonetheless be present at the time funds are delivered through an incumbent network.

This begs the question as to why the custodian of the funds doesn't just execute a user's code on their own servers, perhaps with a cryptographically verifiable receipt. Thus far, users haven't needed such features on registered assets, and the jury's out as to whether there will be any efficiency here going forward.

If you believe that the 'blockchain' was the invention of digital bearer assets by Satoshi Nakamoto, then public blockchains are necessarily where all smart contract efficiencies will manifest. However, these systems are also encumbered with non-trivial technical hurdles.

Primarily, the notion of "fungibility" is still the source of a large part of the burden for these systems, as it would be assumed that securities for which a bearer could be reversibly determined will still enable regulators and moderators to exercise roadblocks in a smart contract's execution.

Thus far, only the bitcoin blockchain is tackling this hurdle, with promising developments in the form of "confidential transactions" and even "coin joining".

Another hurdle that still remains the source of much debate in the public blockchain space is that of the "Hash Strength" of a public blockchain. Put simply, this strength represents the amount of energy burned to secure a blockchain.

As the financial gains for those executing contracts in a public blockchain increases, so too does the incentive for an attacker to disrupt that blockchain. In the case of bitcoin, the cost to disrupt the blockchain is approximately $1m US dollars per day, which is formidable, though still a bit too small for the aspirations of many large institutions.

And for comparison, the next largest public smart contract platform, Ethereum, is trivially dismissable at a current "hashrate" of about $25,000 usd per day.


[...]

One note I wanted to make on "cost to disrupt the blockchain" being 1m US per day, or Ethereum being 25k per day. I feel this statement trivializes what it would actually take. That figure might be close to accurate, assuming you could actually rent or purchase that much hashrate on a daily basis, and the owners who rented it to you would allow it to be used for such a purpose. The initial investment required for that kind of equipment would be more like 300 million, assuming you could find enough manufacturers who could produce that kind of output in a reasonable timeframe. Never mind the cost and limitations of running that kind of equipment.

Otherwise a pretty good article.


Sensational headlines and blanket statements never present the whole picture, just the part that sucks you in.  Grin 
677  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin-FINAL BETA LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* on: March 16, 2016, 01:40:49 PM
What the fuck is going on in cryptospace.

Why da fuck is everybody doing swaps to be more scarce?

You really pretend to be bitcoin?

Do you think people want to have 0.000012 bullshit altcoins or they wanna be millionaires?

Biggest note in Europe:500€
Biggest note in Senegal: 10,000cfa

What the fuck you dont understand?

Even in bullshit real coin people prefer to have millions to pennies.

Stop reducing the monetary base. We need to focus on the next adoption phase not attracting a few especulators to pump the price for a week.

Enought. Altcoins are NOT btc. Stop playing that game.

No, they are not, some are much better...
678  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Syscoin-FINAL BETA LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* on: March 16, 2016, 01:38:07 PM
Can the Devs here point out hte positives on being on Azure (other than the short Pump that is happening).

Will Microsoft provide you with extra Devs?
Will Microsoft give you funding?
Will Microsoft work with you?

All i think that will happen, is that this coin, along with other get "added" but thats it. Just microsoft thorwing mud at hte wall and hoping some will stick or am i wrong?

Anyhow, a BIG congratulations to all the loyal SYScoin holders, Party time! i hope Azure treats you well.  

As has been stated before MS is only adding coins with something real to offer, they aren't just throwing mud at the wall unless you think blockchain tech as whole is a fad.

Microsoft isn't providing any coins with additional devs- that's not their function in this arrangement. We haven't inquired about funding, its not why we entered into this partnership. Microsoft will be working with us in terms of Syscoin's offering on Azure, updating it and helping to market it by way of their BaaS platform. Once we get Blockmarket deployed on Azure we may seek to expand the scope of the partnership.

As most people know right now we're focused on the successful release of Syscoin 2.0. As we cross that milestone we'll shift our focus more towards the full range of possibilities with MS (and others). The important part is we're now working with them directly, they've acknowledged the value that Syscoin brings and they're leaning forward to espouse blockchain tech adoption across many functional areas. Increased involvement as we show more valuable offerings via the Syscoin platform is likely and something we'll be pushing for as well.

Azure seemed to surprise many people- we're working on more surprises!  Smiley

Thanks to everyone for all the congrats! Couldn't have done it without this awesome community. This is just the beginning, 2016 really going to be a big year for Syscoin!

Well, for someone like myself who bought in at the pre-sale and, honestly, thought about selling out many times through the ensuing madness but didn't, I have to say this is amazing to watch. The absolute tenacity and work ethic of this Dev team should serve as a guide to others. This is what will snatch success from the jaws of near failure. You guys rock in every regard. Good job. Onward and upward!
 
679  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: March 16, 2016, 01:25:46 PM
In fairness, I actually like their marketing strategy though. I'm a frequent Jango user (where I first heard about it, despite spending lots of time on crypto for the last few years) and just tried their Solitaire Racer Facebook game. It's things like that where the average person who knows nothing about crypto but has maybe heard of Bitcoin will start to connect the dots in their head and realize that Bitcoin might be useful for something.

They're making it extremely easy to use. "Do you like this song? Press this button to tip them with crypto." It doesn't get any simpler. "Do you like this game? Play more and earn this NeuCoin thingy" Suddenly people who had no interest in Bitcoin will see it as their way of cashing out their new found crypto token. As Bitcoin gains legitimacy it gets even easier to make the connection between loyalty token (NeuCoin) and real world goods and that's how value gets created.

As a basic idea, I agree. If we, just as a theory, use a time-machine in the past and think about a project like Neucoin, it really could be interesting:

Easy to use for everybody, easy to "adopt", something like a "fun-way" to learn about and to get in touch with Crypto, micro-tipping, communication and education to involve unexperienced user, transparency, and so on.

It's nothing I would call very special or innovative but I wouldn't ever criticize a project with such a focus if it's done right. What would be needed for that? A stable base. The code and the economical-design must be stable, it needs a skilled and hardworking team and a lot of communication. And it would need decentralization! A project like that would only have the chance to reach real value as a community-project, with very low barriers to participate for everybody and also other Developers. It would not and should not be about greed, not all about the price. The price should reflect adoption, but shouldn't be the focus. It would be more an "education-fun-project". In fact there already is/was this kind of project: Doge. And just by the way: Neucoin wanted to repeat the success of Doge regarding adoption but with the intention to make big money out of it. The intention behind the squirrel is to establish a branding, something that is appealing in a simple way... it's the attempt to use simple advertising-mechanism. Nothing wrong with that, but if there is not more than some advertising-methods, there is still nothing.

And the problem is: Neucoin is bad for Crypto. Because for those who are really new to Crypto, Neucoin is a bad experience. Not just because of the money. It's simply not what they claimed it would be. It's not open and decentralized and fun and communication and education. It's a dictatorship, the team shows nothing but ignorance and arrogance and incompetence. And why? Because they acted out of greed! That was the focus since day one.

It's visible everywhere. Especially the economical-design is obvious. I mean, it's not just obvious, it's ridiculous. It is as if greed has lowered the IQ of those who are responsible for that. And it's a simple fact that greed makes people stupid. They develop stupid ideas blinded by greed. And some buy stupid projects blinded by stupid promises which are totally in contrast to the facts. It's not meant as critique to those who invested because some were just unexperienced but it's kind of stupid to feel married to a project that's not just totally flawed by design but also without any respect for those who gave there money.

And greed is also the reason for the lack of communication because it's too easy to reveal. It's easy to ask questions in a way that both, the answer or the silence, would be revealing. So they have to avoid communication and they have control communication. And both is obvious: They avoid communication in this thread because they can't control it. They control communication (and also avoid it) on their own forum. And isn't it paradox that they are not even able to make a better forum? I mean, a lot of little shitcoins have at least good communication-platforms. But they don't care about that because they don't like communication! It's kind of a psychological problem, because if I have something to hide I fear questions and if I fear questions I fear communications. That's why the communication is always "one-way". They say what they have to say but they don't discuss things. It's not that it would be too much work. They just can't do that because open discussions are a risk.

But, they are not even really aware about all those dynamics. They believed to be super-smart while they were blinded by greed.

That's the big red line and it's still visible. I mean, all the talking about Jango... Jango was only possible because of relationships. The same guy behind Neucoin is behind Jango. So what. It's just another advertising-attempt and not a sign of progress. And there is no natural way to grow because the design is totally flawed. Now they destroy coins which seems to make sense for the exchanges but a professional who thinks about adding Neucoin to his platform (if there would be anybody) will rethink that. The same with the switch to full PoS. It raises some questions but at the same time it also gives answers. It's all about the price and they still want to sell a product they make out of nothing because they hold nearly all of it, but without quality or a real philosophy behind.

My advice to those who invested in this is simple: Don't feel married to a project if the team behind doesn't show at least a little respect for your concerns. If I read in the official forum it's obvious for me that people have questions but also fear to ask those questions and to be critical. And it's understandable... they don't want to damage anything. But ask yourself if that atmosphere is in line with all the claims what Neucoin should stand for.


NeuCoin will most likely prosper to some extent if only due to the "raising tide" effect as the Altcoin market gets more and more attention. I don't necessarily agree with those who claim it was a scam from the beginning. I think it was started with good intentions by some team members and hidden agendas for others. Only time will tell who is right and who is wrong.

680  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLOAK]CloakCoin|X13|PoSA3|CloakShield|Trustless Anonymous|Security Audit on: March 16, 2016, 12:10:17 PM
Every Cloakholder is forced to help  Smiley

Forced? No. Asked? Yes
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