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1141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 14, 2015, 06:04:52 PM
There is no refund.

some of were suggesting neucoin should offer one since so many negative things came out about newcon.

1. no technical innovation
2. completely centralized
3. huge premine and presale
4. rejection from larger altcoin community
5. lower stake rewards for small buyers
6. founder involved in spyware industry

and so the right thing to do would be to refund people's money....but it was only a suggestion that won't happen.

James mod just loves nocoin marketing speak.
http://forum.neucoin.org/t/what-exchanges-would-you-like-to-see-neucoin-listed-on-pros-cons/1219/44

James started another pointless thread, "What exchanges would you like to see nokoin listed on? Pros & cons?"
where nearly every exchange is suggested. (as if the nokoiners have a choice)

Then Drowning mark replies
"We're already reaching out to many of the exchanges mentioned here, and we hope to have at least a few of them available at, or soon after launch."

Now, to me, that is Marketing Speak meaning,
"We are trying to get on any exchange, no luck yet or I would tell you. Hopefully we will get on one by launch, but it's not looking to good."

But to James mod,
"This is great news, I can't wait to see where NeuCoin will be listed."

Blind faith, Pure shillism.




Hey, see, lf you read the wiki and stuff (between the marketing speak) it's all there Shocked Shocked

James mod, answer to your question - Nowhere
1142  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 14, 2015, 05:20:18 PM
 

So, "no exchange at launch". (launch maybe coming this week?)

Important news I would think. How does Sandrine announce this?

Probably start a new thread? Or post on one of the many "exchange related" threads?

No.
Sandrine "replied" to Kay5ive, (someone who wants to get free survey coin, and asked where to sell them, like you would.)
On a thread titled "Selling neucoin-Related Domains"
http://forum.neucoin.org/t/selling-neucoin-related-domains/1347/11

Talk about burying bad news.
The neucoiners had hoped for so much more, again. (led by James mod)
http://forum.neucoin.org/t/what-exchanges-would-you-like-to-see-neucoin-listed-on-pros-cons/1219

neucoiners haven't noticed yet,...   Ouch  Embarrassed
1143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 14, 2015, 03:56:32 PM
2 New updates on neucoin forum,

Some queries -

Update 1
http://forum.neucoin.org/t/how-the-neucoin-community-can-monitor-the-foundations-and-teams-neucoin-token-holdings-over-time/1526

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

2% of holdings per month in the first year,
3% per month in year two
4% per month in year three
5% per month in year four
6% per month in year five
After year five, all restrictions expire

But, the strategic plan was updated this week and that say's-
http://www.neucoin.org/en/wiki/#role-of-founders-amp-team

The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch...

So, is it 5yrs or 3yrs, or, are the "founders" not the same as "founding team".  
Not clear. Marketing speak.
(Also, no figure on total coins received over the period, for clarity.)


Update 2
http://forum.neucoin.org/t/the-neucoin-foundations-plans-for-distribution-of-neucoin-over-2015-and-2016/1529

NeuCoin Growth Foundation: 1.4 billion NeuCoins
NeuCoin Utility Foundation: 0.8 billion NeuCoins
NeuCoin Code Foundation: 0.2 billion NeuCoins

So, the new coin distribution is shown, but no mention of the reduced capitol?
The "at least $1.2m", previously promlsed as "$1.5m" now reduced to "$1m" in the wiki this week?
(always shown together previously, e.g. "Utility foundation 0.8bn neucoin + $400k")
http://www.neucoin.org/en/wiki/#funding



Just in,
http://forum.neucoin.org/t/selling-neucoin-related-domains/1347/10
Sandrine, Hi @kay5ive : NeuCoin will be listed on a few exchanges shortly after launch. We will communicate more details as soon as possible.

No exchange at launch? Who would have thought?
Bit of a damp squib.  Cry
1144  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 13, 2015, 07:24:58 PM
Much noise has recently been posted about “Althouse” on this thread. Althouse is simply a software development company that has employed some members of the NeuCoin team prior to launch of the cryptocurrency. It has been doing contract work for the NeuCoin Foundations that will largely finish by the time of launch. It has no power or control over the NeuCoin Project. There are numerous other legal entities that have likewise done contract work for the NeuCoin Project, such as web design agencies, law firms, PR and marketing agencies, jurisdictional consultants, and a game development studio.

The key NeuCoin entities from the time of launch are the NeuCoin Code Foundation, the NeuCoin Utility Foundation and the NeuCoin Growth Foundation, as well as their wholly-owned subsidiaries. More information about all these entities will be provided upon NeuCoin’s launch. For now, see below. Much more content can be found at http://www.neucoin.org/en/wiki/.

NeuCoin Foundations

NeuCoin’s core development, consumer marketing, and projects to increase the coin’s utility will be handled by three independent non-profit foundations based in the Isle of Man – the Code, Growth and Utility foundations. Three separate foundations with distinct functions and resources were created rather than a single one, with the object of making this support of the cryptocurrency even more decentralized. This structure also affords NeuCoin greater flexibility and adaptability to navigate the international regulatory environment for cryptocurrencies that is still evolving.

Although the three foundations are independent of each other, they all share the same mission – to maximize the long-term value of NeuCoin. Each one is overseen by independent Council Members, who are aided by Advisors with experience in cryptocurrencies, consumer marketing, economics, finance and regulatory matters.
All foundations are ultimately controlled by NeuCoin holders (1 NeuCoin = 1 vote), who have the power to hire, fire and set compensation for the foundations’ Council Members, and have a right of approval on annual budgets, spending priorities and other matters.

Funding and Expenditures

By the time of launch, NeuCoin’s three non-profit foundations will be funded with 2.4 billion NeuCoins and at least $1.2 million (enough fiat currency to cover their first year cash expenditures).
Each year, the foundations’ goal is to sell sufficient NeuCoin tokens through private sales or exchanges to fund the following year’s cash needs. However, when NeuCoin prices rise, the foundations may sell additional coins, with the excess cash obtained kept as a “rainy day” reserve. When prices fall, fewer (or zero) coins will be sold. 

Over time, the NeuCoin foundations must continuously determine what the optimal use of their NeuCoin assets are - optimal from the perspective of maximizing the value of NeuCoin. The Growth foundation must always assess whether NeuCoin’s long-term value would be maximized by giving more coins away to consumers, or selling more coins and using the funds for consumer marketing. The Utility foundation must always assess whether NeuCoin’s long-term value would be maximized by awarding more coins (ideally with sales restrictions) to service providers that make NeuCoin more useful, or by selling more coins and using the proceeds to directly fund projects. The prevailing price and demand for NeuCoin will always have a large bearing on this decision calculus.

During the first few years after launch, the number of NeuCoin tokens held by the foundations is expected to increase, because the extremely high PoS awards during the early years should be considerably higher than the foundations’ expenses. Foundation coin holdings are projected to peak around year five, then decline slowly and ultimately stabilize at under 10% of the total supply.
Direct Democracy and Accountability

Each foundation will be managed by an Executive Director and overseen by Council Members whose compensation packages are tightly linked to the growth in the market capitalization of NeuCoin. Furthermore, each foundation has an “Enforcer,” whose oversight role is to ensure that the Council Members are following the objectives and rules of the foundation and the results of coin holder votes as discussed below.
The initial Council Members were recruited and appointed by NeuCoin’s founders and will serve for an initial term of three years. In the first year, the Council Members will be primarily composed of members of the NeuCoin Project team (however not founders). By the end of year one, the foundations will each recruit two independent Council Members and some of the NeuCoin Project team Council Members will resign from the Councils. After the first term, Council Members will stand for re-election for consecutive three year terms.

Within a year after launch, NeuCoin holders will effectively take full control of the NeuCoin foundations. Using a voting mechanism currently under development by the NeuCoin Code Foundation, NeuCoin holders will be able to “vote their coins” (1 NeuCoin = 1 vote). With a majority vote, coin holders will be able to:
Remove Council Members and Enforcers
Change the compensation of Council Members and Enforcers
Change the Foundation Rules
Change the Budget
Force the Council Members and Enforcers to take any action that a majority of coin holders believes will increase the value of NeuCoin
Note that the NeuCoin Code Foundation, with the support of the founding team, is committed to launching the voting mechanism as soon as possible after the creation of the cryptocurrency. The founding team faces severe financial penalties if the voting mechanism isn’t operational within a year for any reason.

Role of Founders and Project Team 

Upon creating the decentralized cryptocurrency, the NeuCoin Project’s four founders are donating NeuCoin’s source code and the 2.8 billion pre-mined coins to the NeuCoin foundations. 200 million sale-restricted coins are retained by the founders and other members of the NeuCoin Project team in exchange for contributing over $1,000,000 of unpaid work from March 2014 through the time of launch in the summer of 2015 (value of $.005 per coin).
While the founders led the NeuCoin Project during its development phase, they are relinquishing control of the decentralized cryptocurrency upon its launch and will not serve as Council Members or Enforcers of any of the foundations or their subsidiaries or affiliates. However, the founders have committed to continue working for the NeuCoin Project for three years after launch, providing marketing, business and technology development services. The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch as compensation for their providing an additional $2.25 million of unpaid work (value of $.0075 per coin). Note that if the foundations fail to institute the voting mechanism described below within one year of launch, the founders forfeit their rights to receive the remaining 200 million coins.

NeuCoin Code Foundation

The Code foundation’s mission is to maximize NeuCoin’s long-term value through stewardship of the source code. Its main goals for the code are:
Security
Decentralization
Scalability
Development and maintenance of NeuCoin’s voting mechanism
Besides core code development, other activities of the Code foundation are:
Building a community of developers
Distributing bounties to community members in proportion to their contributions
Continuing to refine NeuCoin’s technical white paper and advocate its PoS design to the cryptocurrency community
Operating nodes if necessary
Initial funding:
400 million NeuCoins
$300,000

NeuCoin Growth Foundation

The Growth foundation’s mission is to maximize the long-term value of NeuCoin by attempting to grow the largest possible base of users. It will deploy its endowment of NeuCoins in three primary ways:
Distributing small amounts of NeuCoin tokens for free to two types of audiences:
“Freemium” service users. Key success metric is that recipients, on average, find NeuCoin useful enough that when their free coins run out, they buy more
Existing Bitcoin and altcoin users during NeuCoin’s early utility growth period. Key success metric is that recipients, on average, find NeuCoin attractive enough that on top of the free tokens they received, they buy more     
Awarding free NeuCoin tokens to people and companies who refer new users to NeuCoin:
Existing user referral program
Celebrities, key bloggers and and other major endorsers
Marketing partners who accept payment for their services in the form of resale-restricted NeuCoin
Game publishers, premium content providers and other distribution partners, as user acquisition bounties
Selling NeuCoin tokens through exchanges and uses the proceeds for:
Marketing campaigns targeted at consumers who would appreciate NeuCoin’s benefits
Developing onboarding websites, such as GetNeuCoin.com, consumer education materials, tutorials, etc.
Developing viral and social applications and experiences that promote the growth of the user base
Initial funding:
1 billion NeuCoins
$600,000

NeuCoin Utility Foundation

The Utility foundation works to maximize the value of NeuCoin by making NeuCoin both “as easy to use” as possible, and “more useful than traditional currencies” for specific applications. It uses its resources in two ways:
Awards NeuCoin tokens to service providers serving other cryptocurrencies in exchange for integrating NeuCoin into their platforms:
Exchanges are top priority
Payment processors and third-party wallets are second priority
Gambling sites, remittance services, discount shopping services and other high-value cryptocurrency service providers over time
Directly funds projects when there are no established players to simply plug into:
MyNeuCoin, the consumer-friendly online wallet
Proof-of-stake mining service in form of simple “growth account” and “vault” for sale restricted coins
Micropayment platforms for tipping and premium content in relevant verticals like music, video, games, blogs, photo, editorial, adult, social media platforms, etc
Discount buying services
Other applications, platforms or services that increase the utility and ease of use of NeuCoin
Initial funding:
1 billion NeuCoins
$600,000



Yeah, those figures quoted last week by "neucoin Project", amongst all that noise they bought.

Which neubie asked if I'd read the strategic plan?  Roll Eyes
1145  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 13, 2015, 06:36:56 PM
This is still the same,

"The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch as compensation for their providing an additional $2.25 million of unpaid work (value of $.0075 per coin). Note that if the foundations fail to institute the voting mechanism described below within one year of launch, the founders forfeit their rights to receive the remaining 200 million coins."

So, why are the 300m neucoin, set aside for founders still counted in the foundation totals?

Why refer to the work as "unpaid" when founders are clearly being well rewarded?

Is an email based voting system acceptable for reward?

And why not answer this question,- How many neucoin will the founders receive in total (on this deal alone) over the three years for their "unpaid" work?
1146  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 13, 2015, 06:19:59 PM
I just want a bit of clarity.

The strategic plan has just been quietly updated.
A quick summary of what has changed.
(otherwise you will have to read the whole thing to find the updates, there are no pointers)

Code foundation 0.2bn neucoin + $200k    (was 0.3 + $300k)
Growth foundation 1.4bn neucoin + $400k (was 1bn + $600k)
Utility foundation 0.8bn neucoin + $400k    (was 1bn + $600k)

"neucoin Project" used the old figures here as recently as 7th Sept. Less than 1 week ago. Deflection?

"foundations will be funded with 2.4 billion NeuCoins and at least $1 million"
(down from "at least $1.2m" in the old plan, although "$1.5m" was stated as above )


Anyway, don't bother telling anyone.

Edited (within the hour) to clarify my figures (using scam confirmed post p.60 as correct ref.)
1147  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 13, 2015, 12:37:28 AM
Dart, I'm glad you're ok, really.
Still not seen through neucoin yet then? ok, no problem.
 
Me and Torrgeek are STILL trying to get our question answered,
"How many neucoin will the founders receive, in total, over the three years after launch, for $2.25m of work"
I know, terribly slack service from neucoin project isn't it, Torrgeek being a mod now and all that, You'd think neucoin project would clear this up wouldn't you?
I've only been asking a couple of weeks, but Torrgeek asked over 4 months ago. At least you used to try to answer, now ZILCH intelligence coming from neucoin. Just shills. and team members strange beliefs.

Magicking, (he will be running 2 foundations i believe, I cant get any fact here) thinks neucoin is comparable to a Fortune 500 company, well I suppose he's half right, the pay structure certainly is, even if the market cap isn't.

Did you know the founders will get at least(?) 1.2billion neucoin for work after launch, (funny how none of the 1.2billion are shown on the pie chart, at least 300m should be as they are set aside) Then there is all the "other" rewards for jango and stuff. Then there is all the foundation teams to pay. (Magicking?) (no pay details to be found)  neucoin didn't even raise the $2.25m cash they implied they did. That turned out to be $1.25m (If you believe that even)
Quite different to what neucoin have told us.

Magicking is telling us it doesn't matter how much the founders make, or what the real figures are, we should just shut up, believe, and ride the ponzi wave. I guess that's the official line now, don't ask just believe. I'm now wondering how a company with $1m market cap can sustain such high wage packets.

Ophelie, neucoins head developer seem to only want to talk about weather Jonadl can spell correctly.

Oh some good news, Baby mod still hasn't found this thread....  Luckily Roll Eyes


1148  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 11, 2015, 10:20:24 PM

Hey scam, rizz, LiQio, Gekko and others,

How about you stop making accusations and start showing evidence NeuCoin is a scam ? You've turned this thread into a bizzare crusade against a bunch of people (actual people, you know, with lives and stuff).
Why are you so bitter and relentless ? Do you know any of them personally ? Could it be that you are paid by competitors feeling threatened? It sure feels like it.

There's a beta going on, were you of those trying it out? Can't you do any better that post partial screenshots of NeuCoin's forum without even mentionning that out of 5 threads only one seems to be a real bug? Definitely makes you look desperate.

I'm not sure what's the worst about you: spreading FUD or trashing other people's work when you have nothing to show for yourselves.

Go ahead, trash me too because that's all you can do Smiley Gekko, I'm your favorite breed, huh, a WOMAN.



Hey.. rizz...
"How about you stop making accusations and start showing evidence NeuCoin is a scam ? "

rizz
 "now I have highlighted the founders stand to make around $12m, for $2.25m work over 3 years, (receiving 1.2billion neucoin) don't you think neucoin should clarify?"

I'm waiting for your true figures, known to the team, then you will start to show your own scam.
Torrgeek is also still waiting
1149  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 11, 2015, 06:56:40 PM
Torrgeek is new mod on neucoin forum.
I would offer congratulations, but... where Dart? Has he signed up to primevalsoup's anti-scam action group?
Anyway, no neucoin forum user has responded to your promotion, so... Embarrassed

We're not all that far apart in some questions we have asked me and Torrgeek,

Torrgeek,
"At the end of year 1, assuming an investor who had 1000 neu to start with sells away all of the coins that have become unrestricted at the end of year 1, how many would he be left with and how many would he have sold?What are the corresponding numbers at the end of year two?
I hate bugging you with this as I know you have your plate full with all the trolls but I'm just trying to wrap my head around these numbers. Thanks a lot."

No answer

rizz,
"So, if founders SELL ALL COINS as they became unrestricted, (that's cool and it keeps the total DECLARED reward to the minimum, and the release plan IS known to the team)
HOW MANY NEUCOIN WILL THE FOUNDERS HAVE RECEIVED IN TOTAL OVER THE 3 YEAR PERIOD?
A KNOWN and VERIFIABLE figure."

No answer

Almost identical questions.
Only difference....Torrgeek is sorry to ask so Torrgeek never asked again. (that would just be rude, troll like, you never get to be a mod chasing details)


So Torrgeek, now I have highlighted the founders stand to make around $12m, for $2.25m work over 3 years, (receiving 1.2billion neucoin) don't you think neucoin should clarify?
1150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 09, 2015, 05:42:39 PM
rizz Aug 31,
"M3ndi3, are you nearly done with neucoin?" Huh

M3ndi3 Sept 1,
"Sigh... I gave it my all.. this is my last post... I'm moving on now..."  Cry



Hey Dart, something IS wrong.
What's happening?

You were the vocal mod, posting on many forums in support of neucoin.
Your belief was clear.
Now Beta is running, nearly at launch, and your last post 24th Aug. Over 2 wks. Seen this week, so... well, clearly your excitement is containable.


Last private thread post 30th Aug. Was that your resignation?
Do you owe an explanation of your disappearance to the people you have sold neucoin to, as mod?
Was it the primevalsoup ban? Or Mendi3? or just everything?

(Nobody has noticed you missing on neucoin forum btw, nice community, same with primevalsoup. Same when M3ndi3 stepped down. Nobody noticed, nobody cared. Oh well, everyone hangs out here now, except Baby.  Roll Eyes)



Question, Dart, are you nearly done with neucoin?"

1151  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 08, 2015, 10:04:53 PM
So, the long awaited, never knew it was comming, Beta test net has been running over a week.
GREAT NEWS for the Mods. They have waited so long, fought so hard for neucoin,...

Now they can try it for real, you'd think they would be PRETTY HAPPY right now.  Grin
I'm not hearing it. Huh

neucoin can send all the shills they like,  but....

WHERE is M3NDI3?
She left amongst the confusion. Sad day for neucoin. Sad day for Tippy the rabbit. No post on Beta.   Cry

WHERE is DART?
Seen once in over a week. Last post Aug 24th. Last private thread post Aug 30th. All that work Dart, where are you? No post on Beta.  Sad

WHERE is Whateveryousayman?
Last post June 5th. Seen 2 days ago. No post on Beta.  Embarrassed

WHERE is BABY MOD?
Oh, he's back from school holls, busy closing threads and warning people of their behaviour. No access to Beta. No post on Beta.  Wink

WHERE is JAMES?
"the beta version is promising. See ya at the launch."  THATS IT  Huh


Beta running over a week, only one passing comment from a Mod. James the super Mod, now also cooled on neucoin.
Maybe he didn't like the 1 address per person bit.

M3ndi3 gone,
Dart gone?
Whateveryousayman never there,
James cooled?

But look out, Baby's back from holls keen as ever and running the forum now. (after school is the best time to catch him if you need information)
http://forum.neucoin.org/users/btc2you4free/activity

No wonder all the neubie accounts showed up here. Even the neucoin Project team are moving here. Fine,..  
just PLEASE don't tell Baby where everyone is hiding...


edit - shhh, Baby's in bed, James has read my post and snuck into the forum to reply. "NeuCoin team is working hard to launch a successful coin, protect it and not let it be scammed. The Beta showed a lot more hard work and I can't wait to see NeuCoin launch."

Does that count as #2 Beta post? That was hard work James?

1152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 08, 2015, 06:08:06 PM
I don't mind profit being made If it is explained TRANSPARENTLY.
If the founders are going to make $12m then say $12m (current value) Not imply $2.25m, a completely irrelevant figure.


rizz,
"Again, a tough sum. For simplicity, if neucoin stayed at approx 1c for three years, (and voting mech conditions were met) how much $ value will have been paid? Around $12m is it? For $2.25m of work?"
(btw, it's not really $ values we need, its neucoin issued. Then we can all make our own conclusions. I will explain)

I was being conservative. This is not the max achievable figure. I did not include all possible stake rewards. this $12m figure assumes "some" coins are sold over the period.
If ALL the neucoin was retained and staked until the end of yr 3, founders would be sitting on over 2,000,000,000neucoin (2bn) Over $20m. (if neucoin stayed at 1c.) NO NEUCOIN PRICE INCREASE NEEDED.

So I tried to "be fair" at $12m (1.2bn neucoin). how fair is it to say "$2.25m work".

If neucoin price FALLS 90% to $0.001 founders could still net $2.25m?

So, if founders SELL ALL COINS as they became unrestricted, (that's cool and it keeps the total DECLARED reward to the minimum, and the release plan IS known to the team)
HOW MANY NEUCOIN WILL THE FOUNDERS HAVE RECEIVED IN TOTAL OVER THE 3 YEAR PERIOD?
A KNOWN and VERIFIABLE figure.
Probably the only RELEVANT figure.

300 million neucoin for $2.25m work over 3yr - completely meaningless.
Around 1.2 billion neucoin, CURRENTLY VALUED AT $12M, for $2.25m work over 3yr - transparent.
(probably take the team 10 min to work out exactly, what's stopping them)

If you understand these figures, you should understand my point.
(no math done just guesstimates. we need that "known and verifiable" figure)



What of my other questions in my neucoin Project reply post, not decentralized, the email voting system and founder rewards for voting system.
Not bothered?

I'm trying to be nice. (spelling "neucoin" for weeks n' all)
Just saying "Oh well it doesn't matter". Can't argue with that, (I presume that means you agree with my figures)
Good luck.


Anyone seen Dart?  Sad


1153  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 07, 2015, 09:19:13 PM
neucoin Project,
ok, copy and paste, I love it.

Pretty clear most of that,(putting Althouse aside) I have read the wiki.
ok, couple of things from "Role of Founders and Project Team" paragraph,

"Upon creating the decentralized crypto currency,..."
I thought neucoin was not decentralized for another 5 years? When foundations are expected to own less than 50 %. It's not decentralized at creation is it? I thought neucoin were saying "ultimately decentralized" these days?

and,
"200 million sale-restricted coins are retained by the founders and other members of the NeuCoin Project team in exchange for contributing over $1,000,000 of unpaid work from March 2014 through the time of launch in the summer of 2015 (value of $.005 per coin)."
It's a tough sum to work out. For simplicity, if neucoin stayed at approx 1c all year, how much $ value will have been paid? Around $4m is it? For $1m work.?

and,
"The foundations have set aside an additional 300 million sale-restricted coins (plus PoS awards earned on these coins) to release to the founders over the three years following launch as compensation for their providing an additional $2.25 million of unpaid work (value of $.0075 per coin)."
Again, a tough sum. For simplicity, if neucoin stayed at approx 1c for three years, (and voting mech conditions were met) how much $ value will have been paid? Around $12m is it? For $2.25m of work?
Don't forget what Dart said, " I'm concerned as to why you plan to pay the founders after the launch at the value of $0.0075 per coin. Before creation I understand getting it at $0.005. But to get paid at a value under presale prices after launch seems wrong to me."
And being "paid at launch" for work 2-3yrs away has a multiplying effect. The $0.0075 valuation has no meaning or relevance? (in effect you are paid neucoin at $0.0015 ish at yr3. I havn't done the math.)

And, last bit,
" Note that if the foundations fail to institute the voting mechanism described below within one year of launch, the founders forfeit their rights to receive the remaining 200 million coins."
Does that include the stake rewards from day 1 on those 200m neucoin?
(thats a lot to be voting on x3 but..)
Also, is the voting mechanism going to be email based or crypto based? If not known, is email likely? Is email within the conditions of reward? Is the voting mech part of the reason behind 1 address per myneucoin?

(the council hire / fire and 3yr /1yr bit is confusing. can you check if you think it is clear, I'll look again?) And that's it.

So, just a few clarifications here please, and we are all good? hopefully we can then do the freemium verification process?

Oh btw, Dart did ask a while ago "Will the expected expenditures for the year be released at launch?"  So,.. Huh
 
If anyone is worried about Dart. He was seen, but not heard on neucoin forum, a few hours ago.
Is he clearing his desk? Sad
1154  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 06, 2015, 11:34:02 PM

Kuato, I would like to expand, give a short account of why I'm worried. Huh

"Rizz, I am glad that you can accept the possibility that the Neucoin team will in fact honor their 2%/month sales restrictions. You may be doubtful of it while I am highly confident of it, but that's a very reasonable difference of opinion."

I can except that possibility, quite easily.
If a structured, verifiable system was in place, I would be "happy" with that. Grin
But there are other financial concerns that need clarifying, also.

There are other ways neucoin tokens can be gained by the "team". (Term used loosely) Other ways the system COULD be open to abuse.
Freemium distribution to businesses.
Freemium distribution to the masses.
We know these rewards will be given to "team" and others in varying proportion. (I believe that is accepted fact?)
But we know not how many. This could be a hard figure to exact, but some calculated estimates is surely critical and proper?
(this is a business for the masses, not some garage basement throw together?)
How many coins is jango LIKELY to receive for example?
How can these rewards be verified?
How can rewards in general be verified?
If it takes 2bn neucoin to get jango running, is that ok?

It's too vague without figures.
How much do the team really stand to make? We don't know.
Even if I DID trust them, This should all be verifiable? Just to be sure, everyone can chill. (on that subject)


I can think of other ways the team could get coins, undeclared, but let's stick to these obvious ones first. (If clear details existed, maybe my other possibilities wouldn't exist?)

Launch was "delayed", good. Because none of these details had been provided then, or yet, as promised. Launch was abandoned 2 days before possible go live, where was this info then? (and all the rest)
If neucoin is not built on blind faith, which has been denied, why are these details not forth coming. As promised? Will it all come in one mad untimely scramble "at" launch? Bit crap that.
Launch was planned for months ago, originally. Fair enough some tech problems, but info on the whole structure of neucoin can't still being written? With neucoin it's always coming, later, get back to you, hope this helps.


Other financial facts really need addressing, the $2.25m cash claim. never addressed by neucoin even after edit by coin telegraph.
ect. ect.

Loads of other important stuff to be announced, or is being asked.

One step at a time.
soon?

1155  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 06, 2015, 08:27:36 PM
Rizz, I am glad that you can accept the possibility that the Neucoin team will in fact honor their 2%/month sales restrictions. You may be doubtful of it while I am highly confident of it, but that's a very reasonable difference of opinion.

I am curious if other critics also accept the *possibility* that the Neucoin team are not scammers/frauds/cheats. What do you say Scam Confirmed, Jonald, Real Malatesta, Tibanne?

https://www.youtube.com/watch?v=xO1kKemcwYk  
go to :50
 Grin

Also, I have to say that this was a good critical post. I agree that the communication from Neucoin since the presale has been mediocre, but I guess I don't find this to be a very important indicator of future success. I assume they have been swamped getting the product out the door. Obviously it took them longer than they expected.

I don't think anyone will care about the delays or mediocre communication from presale to launch if they deliver a good service, and more than that, they successfully market it.

Listen, if they deliver a bad product and follow up with bad marketing, the coin will fail. People will trash it here as they should and I won't defend it (I will have sold and will never come back to this thread).


Kuato
"Rizz, I am glad that you can accept the possibility that the Neucoin team will in fact honor their 2%/month sales restrictions. You may be doubtful of it while I am highly confident of it, but that's a very reasonable difference of opinion."

Good, as you said just earlier, "I really hope that Neucoin has some way of proving that they can enforce these sales restrictions." That's the whole point. WHY NOT TELL US.
It has been promised. (along with all the other info I highlight)

"I am curious if other critics also accept the *possibility* that the Neucoin team are not scammers/frauds/cheats"

I never said they weren't scammers. I would listen to substance about why they are not, but all awkward questions pretty much go unexplained, doesn't help. Any explanations about anything are only released in untimely, unprofessional, knee jerk responses. I highlight the failings of the superstar team, of which there appear to be many. That is where my worries start, regardless the big scam accusations.

I cant be bothered with the link at the moment, sorry.

" I agree that the communication from Neucoin since the presale has been mediocre, but I guess I don't find this to be a very important indicator of future success."

ok thats your opinion, but I am opposite. It's been worse than mediocre, primevalsoup would not be banned if it were that good imo.
And everything else I have written of. If you have read a lot of my posts you would know there have been many incidences, very unprofessional.
To me it is sold on this angle.

" I assume they have been swamped getting the product out the door."

I thought Sandrines role was to interface with the investors/PR.

"I don't think anyone will care about the delays or mediocre communication from presale to launch if they deliver a good service, and more than that, they successfully market it."

ok, can they market it? They cannot communicate or run a forum. I will care if there is underhand activities going on. primevalsoup might care.

"Listen, if they deliver a bad product and follow up with bad marketing, the coin will fail. People will trash it here as they should and I won't defend it (I will have sold and will never come back to this thread)."

But if it is as bad as it looks from here, people should have the opportunity to read about it, DD. I've seen almost nothing except bad marketing so far. You will have gone, sold out to some other poor sod?



Yeah Jonald, I may summarize at some point, (busy here now, eh) but it's all here on the thread if anyone was really interested in learning all the different concerns, and why they have come about. DD.

1156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 06, 2015, 07:05:25 PM
Kauto, Gekko s' been done. I thought you wanted to talk neucoin? If you wanted to start a crusade against offensive language, maybe you shouldn't have used it yourself. you should have thought that through?

Kauto, you say
"I myself think the beta looks promising"

Funny, thats all James has to say on the beta test to date, after months of excitement.

James,
"the beta version is promising."

I expected more lavish praise from James. And the mods.
Not a peep from Dart, 7 days AWOL.
(don't think Baby has access to the test, he didn't buy presale)
M3ndi3 left her mod role. (one of neucoin's best assets)
Whateveryousayman never posts.

M3ndi3 left due to lack of clear explanations. (I think)
Is Dart gone too?
I think he is upset?
I think he maybe upset because of the FAILING'S OF THE TEAM to avoid the type of situation highlighted below?

Sandrine said, April 22,
"Hi @primevalsoup! First, let me apologize for not having answered right away to your message posted three days ago. It is indeed true that I haven't been as responsive as I used to be, and I'll be sure to get back to faster response time. Please be sure it's not laziness on my part (or the rest of the team, who's concentrating on the presale and the July launch) or dismissal of important questions. Anyways, three days to get an answer to your very relevant questions is indeed a long time, I'm sorry for this."
http://forum.neucoin.org/t/questions-about-escrow/539/7

But the responses never did get better. Over 4 months of promise, silence, apologize, repeat.

Newbie asks, May 15, (in this now defunkt(?) ,igonred topic about distribution to other crypto holders)
".....you are going to suggest that as a investor that i wouldn't have ANY type of say? What happened to Decentralization and customer service! "
http://forum.neucoin.org/t/a-fraction-3-5-of-neucoin-s-3-billion-coin-premine-would-be-distributed-to-existing-holders-of-select-digital-currencies/583/6

Dart says, in reply
"Often investors don't get a say unless they own at least 1% Did you buy 1 million coins?"

primevalsoup did buy 1m neucoin
primevalsoup was promised updates.
primevalsoup now banned.

If you scroll down to primevalsoup s' 1st posts,(link) then skim your way back up from there,  I think you will see he is a polite, seemingly ideal investor, ignored, promised to, ignored ect until he finally determines that such a badly run outfit is likely a scam as his worries could have been so easily addressed, but were not, consistently, over maybe 6 months.
http://forum.neucoin.org/users/primevalsoup/activity

The team, so badly run they end up banning their best public investor. (others previously)

Kuato, do you agree the teams' professional failings in basic customer care led to this ban by pushing primevalsoup s' patience to his limit?
Do you think this ban was really unforeseeable to a professional team? (even though I was posting about how primevalsoup was getting upset about Baby mod answering his questions back on June 20. And his troubles before that. And his troubles since.)


Ok kuato, you ask
"What if they don't sell more than the 2% per month of their holdings that they are allowed to sell? Why can't you guys even accept that this is a possibility?"

I CAN accept that possibility, but where are the details of how it will be structured. details, promised. they must surely exist somewhere, why not publish. Then the facts would be known. no more doubt.

Ditto on all the other neucoin promised details. We can see that a lack of info is good for nobody.
1157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 06, 2015, 03:11:33 PM
I don't defend Gekko. Gekko is Gekko.
He pisses me of too with some of his view's. (off topic, I dislike the women attitude strongly, he got no praise or support here. Quite the opposite)
But he does bring information also.
He's here weather we like him or not.
Use your ignore button.

You posted about Gekkos' rudeness while calling Real Malatesta by a very derogatory name.

Looks like double standards to me?


Edit -  he got no praise or support here. Quite the opposite - added 6  Sept
1158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 06, 2015, 02:02:38 PM
I asked (Sept 1st) "ex CCN journalist cries scam, could be first bitcoin refund?"
(now coin journal I think?)
Yes, it was the first (known) btc refund.

"On Thursday, September 3rd, the Neucoin team refunded my 0.1BTC in this transaction  (address: 1phmMcubFy298wujNFj6hQ1gctUBFovmL). They also said they are still going to honor my purchase. The story remains factual and error-free, thus it will stay here for posterity. Thanks to Sandrine @ Neucoin for attending to the matter for me, months after it first occurred as it were."
https://www.zapchain.com/a/J4cT0u6f4V

Not refunded from the Seychelle's account 3MrNuKs though.
And the journlist can keep his neucoin FREE. Very nice.

Can others unsatisfied customers, not journalists, claim for refunds/free coins?
Can primevalsoup have a refund, and still receive his 1m neucoin free?
Has primevalsoup (or anyone else) been offered/received a refund already?

What is the policy for refunds to unsatisfied customers?
Is there a process to follow, or is it just who shouts loudest/who carries most clout on the internet?


1159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 05, 2015, 11:54:34 PM
SATURDAY NIGHT!!!!! Yes! Bitcointalk is on FIRE! On fire with WINNERS! IT'S SO FUCKING AWESOME!!! EVERYONE JUST HAS SO MUCH GAME AND GETTING LAID AND BEING AWESOME AND WINNING! WINNERS! MAN, YA'LL SUCH WINNERS!

Stay classy, San Diego! This place sucks.



Sorry, this isn't Bitcointalk, just some crappy alt coin thread. All the action is elsewhere. sorry
1160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official on: September 05, 2015, 08:33:58 PM
Hey Kuato,

Your use of Real Molesta, - creepy.
Ask Dart. (oh sorry, he's AWOL)
I have posted before about neucoin leaving self deleted posts for viewing.
"Sky" post. self deleted over a MONTH ago http://forum.neucoin.org/t/pre-launch-updates/1268/54
Your argument is cheep.

I get it, you got no argument.
Wanna talk about neucoin?

Edit.
Here is what I said, (the second post about this 16 Aug)

BTW, the self deleted sky post that slags Idifin is still viewable. (click the edit button)
http://forum.neucoin.org/t/pre-launch-updates/1268/55
Is it coincidence that this is the only self deleted post not to disappear after 24 hours as expected?
It's clearly what the nokoin team think of Idifin.

Dank's last visit 6th Aug. Post self deleted by sky 6th Aug.
Oh, coincidence or Dank "leave that post there for all nokoiners to see what we think of Idifin"
http://forum.neucoin.org/users/dank/activity



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