[ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official

[ratsorizzo]

Rizz you bufoon, why don't you say something really funny and really insulting about your own moronic lame ass idiot i-post-shit-on-forums-as-gun-for-hire-at-minimum-wage-or-for-a-cup-of-sperm person and maybe someone will tip you a neucoin?

[1714588876]

1714588876

[1714588876]

1714588876

[Colt 45]

BigVern
@cryptsy

on twitter:

Neucoin (NEU) open for deposits.
Market opens Friday

https://twitter.com/cryptsy/status/646794594663821312

Yes, sir!

[richiela]

Wallet at Bittrex is open for deposits/withdrawals.  We will be opening the market once we get the ok from the Neucoin team.  

thanks,
richie@bittrex

Hi Richie,

How many neucoin are bittrex receiving to list neucoin?
Are they sale restricted?

Is this public info ?

Thanks

Not sure if it's public, but I have no problem sharing...

We have been given 2M restricted NeuCoins as part of the listing.  We do not intend to sell any Neucoins ourselves for any reason. Instead, we will be using the bounty as promotional giveaways and/or contests for our users.  There is a release schedule that I'm not sure if I can disclose, but will when I get the ok.  Know that it is a tiny fraction each month over 5 years.  

[update - release schedule]
Restricted NeuCoins 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

thanks,
Richie

[redfish64]

Just an FYI, I created a fork of the Neucoin client here which displays some additional minting information in the qt client and a new rpc call: https://github.com/redfish64/neucoin

[halibit]

Hello from alcurEX.
NeuCoin- NEU has been added in alcurEX.
https://alcurex.org/index.php/crypto/market?pair=NEU_BTC
Welcome trading!
-halibit-


ALCUREX is an cryptocurrency financing company registered in Finland.
Business ID: 2612007-8 FINLAND

[culuuton]

Please send to me some test coin at my address:

NXtHScBxuKJzHCEbXvwcxkDZzLvvndvjRv

[DidiMidi]

I'll be on the road tomorrow... i'll miss the biggest day in crypto history since satoshi farted for the first time. 

[greg123]

Please send to me some test coin at my address:

NXtHScBxuKJzHCEbXvwcxkDZzLvvndvjRv

You mean test coins (like the Beta)? Or some real neucoins to test?

The beta/test coin is closed. The real Neucoin launched yesterday!

If you want some real Neucoins go to the Neucoin forum, write something funny and ask for a tip.
http://forum.neucoin.org/t/tip-me-some-neucoins/

I did and I got some! Not enough to tip on to you though....

[bittamak]

Nice to see the coin getting launched...will keep a watch

[TibanneCat]

I'll be on the road tomorrow... i'll miss the biggest day in crypto history since satoshi farted for the first time.  

Let the pumper games begin

Nice comments from Jeff Garzik https://twitter.com/jgarzik/status/586624847666618368

[scam confirmed]

Where is the block explorer?

[elseif]

Downloaded Neucoin qt client, works nicely.

[Gizfreak]

Downloaded Neucoin qt client, works nicely.

Likewise and I'm happy to see it's based on one of the latest versions of QT

[rizzlarolla]

Wallet at Bittrex is open for deposits/withdrawals.  We will be opening the market once we get the ok from the Neucoin team.  

thanks,
richie@bittrex

Hi Richie,

How many neucoin are bittrex receiving to list neucoin?
Are they sale restricted?

Is this public info ?

Thanks

Not sure if it's public, but I have no problem sharing...

We have been given 2M restricted NeuCoins as part of the listing.  We do not intend to sell any Neucoins ourselves for any reason. Instead, we will be using the bounty as promotional giveaways and/or contests for our users.  There is a release schedule that I'm not sure if I can disclose, but will when I get the ok.  Know that it is a tiny fraction each month over 5 years.  

[update - release schedule]
Restricted NeuCoins 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

thanks,
Richie

Hey Richie,

Thanks for the quick, clear answer!
Good luck.

[BitJohn]

Cryptsy Neucoin wallet is open for deposits, and trading will open at 11 AM EST. Glad to be a part of the excitement.

Also Cryptsy has its coin sponsor program now as well which might be of interest to the community. Learn more about it here https://www.cryptsy.com/coinsponsors.

[LiQio]

Where is the block explorer?

Good question.

How can we track the regime's accounts with billions of coins?

[bitchin camaro]

Cryptsy Neucoin wallet is open for deposits, and trading will open at 11 AM EST. Glad to be a part of the excitement.

Also Cryptsy has its coin sponsor program now as well which might be of interest to the community. Learn more about it here https://www.cryptsy.com/coinsponsors.

can't wait for the bell to ring!
thx bit john

[Gekko463]

Where is the block explorer?

Good question.

How can we track the regime's accounts with billions of coins?

Bitcoins beginning to flow out of the Seychelles now: https://blockchain.info/address/3MrNuksZ1VePU3dGiSQFiouWerJUJgDkfH?sort=0

172 BTC ($40,500) so far in the last 24 hours. 

All of them seemingly going to this address: https://blockchain.info/address/1DWHoLtePnaeGGKPAa6DyC1pzFb3sCq1t4

[rizzlarolla]

Evasive and deceptive?
Sandrine explains minting rewards.
http://forum.neucoin.org/t/multiply-your-neucoins-through-growth-accounts-and-mining/1677

"Some examples to illustrate how compound interest affects returns from mining:
Consider four miners that each start with 100,000 coins and mine them from launch for one year: a very unlucky miner (Jonald), an unlucky miner (Rizz), a lucky miner (Kuato), and a very lucky miner (Visma)."

It goes on to say,
Jonald mints once a year
rizz twice
Kuato once a month
Visma every two days

A completely pointless and meaningless explanation.
Irrelevant and deceptive.
(quite funny though)

This would NEVER happen.
They all own 100,000 coins, so they receive the same, on average.
(the differences being shown here MUST be because of different stake sizes, not luck.)
No one with 100,000 coin will mint every two days.

And Sandrine goes on to says,
"So, what ARE the expected times to mint blocks based on stake size? Of course it isn’t based on luck at all.."

Correct, just what I was explaining,

And,
"It boils down to: what percent of TOTAL NeuCoins being staked are being staked by an individual miner."

Correct, so if they all own 100,000 coin they all, on average, get the same interest. (luck makes a small difference of course, but NOTHING like in Sandrines example)

So, the bigger the stake, the more often you mint, the more you compound, the higher the return %.
So, someone with 1m coin will stake every two days on average. lets call him primevalsoup. primevalsoup will make 147% on average.
rizz, who staked 11,000 coin (survey coin?) mints in 180 days. (or less because rates have decreased in a month, these are "todays" figures) will make 103% on average.

So, what if someone owned 300m coin, lets call him Dan.
Dan will be minting every 10 miniutes. 150 times a day.
4500 compounds per month, compared to primevalsoup 15 compounds per month. rizz 0.17 compounds per month.

So neucoin Project,
What is the interest rate for someone with 300m coin?
How much more than 147% is it?
A lot.
(anyone ?)

Also. For $2.25m work, founders will receive how many neucoin over 3 years?
Much more than my previous guesstimate of 1.5bn coin. ($15m presale)
2bn ($20m presale) ? More?

(Same question on founding team, angels, team, seed ect another 500m coin for staking?)

(of interest, timengler raising interesting issues here http://forum.neucoin.org/t/interesting-tidbits-learned-from-reading-neucoins-source-code/1640)

[kurniajim]

1 NEU = 1 USD