[2015-09-23] NeuCoin – Not Just Another Blockchain, But A Complete Virtual Curre

[jdebunt]

http://bitcoinist.net/neucoin-not-just-another-blockchain-complete-virtual-currency-ecosystem/

NeuCoin is a virtual currency that has been in development for quite some time. Originally announced by the launch of the whitepaper in February of 2015, the NeuCoin team unveiled their plan of battle for the future. Core values include convenience, not requiring upfront investments to get acquainted with the currency, and a large focus on microtransactions. The long wait is finally over, as NeuCoin has officially launched today.

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[TraderTimm]

Great, another "news" post that is just a thinly-veiled advertisement.

Its been in development for "a long time" eh? The article referenced says:

"NeuCoin’s founding team started the NeuCoin project in March 2014..."

Oh my, a whole YEAR and change, please - tell me more!

Its focus is microtransactions, (Bitcoin already does this), giving away free coins (Bitcoin faucets already did this), web wallet (electrum, etc., already did this), and more! My god, someone call satoshi on the phone and tell him to write a post saying Bitcoin is over, here comes new-whatever-coin!

Another fun snippet:

"All of these coins transferred to these growth accounts are contributing to the NeuCoin proof-of-stake mining pool and help secure the coin’s network."

Oh my, Proof-Of-Stake? You mean the method that has obvious flaws and is used by no-one (nobody who is successful on a global basis, that's for sure)? Why, let me line up to send you money! Its win-win!

Just another blah-coin that will get completely steamrolled when sidechains make owning a separate alt-token irrelevant. Invest at your own risk, looks like another "promising" entreaty from someone who wants to exploit the next wave of newbies.

[TibanneCat]

Allocation of 3 Billion Pre-Mine

add that to the fact that the founder has a well documented history of being sued for infecting computers with spyware
https://bitcointalk.org/index.php?topic=944933.msg12338641#msg12338641

plus extensive use of offshores and strawperson companies to evade tax and responsibility
https://bitcointalk.org/index.php?topic=944933.msg12290279#msg12290279
https://bitcointalk.org/index.php?topic=944933.msg12398243#msg12398243

no need to even bring up all the previously missed deadlines, failed promises of partnerships, no innovation whatsoever (fork of peercoin), heavy censorship, founder creating the highest amount of sock-puppet accounts ever seen in btctalk and so on

and we've got a party