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

[Colt 45]

Cryptsy

BTER

BTC-e

Poloniex

Bittrex

Bleutrade

it's a good list. I use cryptsy and I like it. but probably important to have china covered as well.

[Colt 45]

The client doesn't matter.  
Consumers will never download a client. Never, ever, ever. The standard qt client is for pro miners only - and completely irrelevant for normal users.

I don't agree. Many users and especially security sensitive users and users possessing a big amount of funds favor local wallets. That's just a fact.

And it's not just an online wallet, it's an online mining app too. Look again at the "mining" interface I posted a screenshot of.

Using your own argumentation: Why would Joe Average care about mining?

Joe doesn't care about mining, but he cares about the growth of his account without doing much (few clicks and you are growing). That's one of the reason I invested in Neucoin.

super easy is super important. NEU is targeting mobile games and social media. not crypto.

[frenchcunt]

They will never give us the free coins. When we dump it, nobody will buy it lol.

[scam confirmed]

The client doesn't matter.  
Consumers will never download a client. Never, ever, ever. The standard qt client is for pro miners only - and completely irrelevant for normal users.

I don't agree. Many users and especially security sensitive users and users possessing a big amount of funds favor local wallets. That's just a fact.

And it's not just an online wallet, it's an online mining app too. Look again at the "mining" interface I posted a screenshot of.

Using your own argumentation: Why would Joe Average care about mining?

Joe doesn't care about mining, but he cares about the growth of his account without doing much (few clicks and you are growing). That's one of the reason I invested in Neucoin.

It's not growth, it's mining or lose value (high inflation needs to be adjusted)

Joe doesn't care about inflation  

I don't care about YOU!  

I know.

[jonald_fyookball]

Guess who will one of the biggest dumpers on nokoins?

The exchanges being bribed in neucoins to list them!

Maybe they will have a restriction period,but that won't last forever.
Maybe other exchanges will require real money payment but
that will only incentivize Dan to get his money back elsewhere.

He won't prop up the price forever.

someone will be left holding the bag. just don't let it be you.

[OCP]

Neucoin's distribution plan says exchanges will have the same restrictions as the angel investors and insiders - so they can't dump.

And why would they even want to? With more Neucoin bonuses based on volume, let alone their commissions based business model, they're better off with Neucoin being a long term success.

I don't think there will be any pump, nor dump.

I agree with LiQio, this will be a long, steady rise in value.

[rizzlarolla]

Sale restriction coin released at 2% per month.

First year average coin released per month to "insiders"
200m founding team. - 6m per month = $60k
200m angels,            - 6m per month = $60k
100m seed,               - 3m per month = $30k
300m founders,          - 9m per month = $90k *
* assumed @2% per month. no details from neucoin. could be much higher?
 
Total monthly average released coin, 24m = $240,000 per month.

Second year figures are way over double first year.
Ditto year 3.
 
approx figures. presale prices.
(btw, 3bn coin -800m restricted coin -100m coin presale = 2.1 bn coin for foundation, not 2.4bn. thats a double spend?)

neucoin project have been invited to clarify.

[scam confirmed]

Neucoin's distribution plan says exchanges will have the same restrictions as the angel investors and insiders - so they can't dump.

Neucoin's distribution plan says exchanges will have the same restrictions as the angel investors and insiders - so they can dump.

And why would they even want to?

Because they want to earn $$$. Why should exchanges speculate by hoarding cryptocurrency? Speculation isn't their business.

With more Neucoin bonuses based on volume, let alone their commissions based business model, they're better off with Neucoin being a long term success.

Granted.  Maybe they'll use their NoKoins to generate fake exchange volume to get even more NoKoins to dump.

[jonald_fyookball]

Neucoin's distribution plan says exchanges will have the same restrictions as the angel investors and insiders - so they can't dump.

And why would they even want to? With more Neucoin bonuses based on volume, let alone their commissions based business model, they're better off with Neucoin being a long term success.

I don't think there will be any pump, nor dump.

I agree with LiQio, this will be a long, steady rise in value.

where did liqio ever say that
.??

[scam confirmed]

Another NoKoin Strategic Plan Inconsistency 

Also note that given the foundations' continual coin distribution, by year three they will no longer own a majority if the coins, and by year 10 they will own less than 5 percent of the coin supply.

vs.

Foundation coin holdings are projected to peak around year five, then decline slowly and ultimately stabilize at under 5 percent of the total supply.

[LiQio]

[...]
I agree with LiQio, this will be a long, steady rise in value.

where did liqio ever say that
.??

Yes, Jonald good question. I cannot remember visiting this thread after 4 six-packs of beer (within two hours time) 

Anyway, definitely being sober now, no, I absolutely don't think so.

(Or is this the teams new marketing tactic because creating sockpuppets is too exhausting?)

[OCP]

Come on Liqio, you said it once...

I emphasized the important sentence -> The team will do everything to make the value go up.
This is planned because that way and with the vast majority of coins under their control for a really long time, they can get rich slowly and consistently.

You call it smart, I call it reckless and greedy.

You said it twice...

Still..., yes, founders getting rich, nothing bad per se.

There is no dump (because supply side is controlled entirely by founders), but still a pump (look at the marketing efforts, the forum hopping, the paid articles, the ad campaigns, ...).

If you call that smart, well call it smart.
I call it long run scam.

No dump, gradually pumping through marketing, getting rich slowly and consistently, long run...

That sounds like a slow, steady value increase to me.

[LiQio]

Come on Liqio, you said it once...

I emphasized the important sentence -> The team will do everything to make the value go up.
This is planned because that way and with the vast majority of coins under their control for a really long time, they can get rich slowly and consistently.

You call it smart, I call it reckless and greedy.

You said it twice...

Still..., yes, founders getting rich, nothing bad per se.

There is no dump (because supply side is controlled entirely by founders), but still a pump (look at the marketing efforts, the forum hopping, the paid articles, the ad campaigns, ...).

If you call that smart, well call it smart.
I call it long run scam.

No dump, gradually pumping through marketing, getting rich slowly and consistently, long run...

That sounds like a slow, steady value increase to me.

No, not the same, sorry. But great that you believe in the slow dumping theory.

[jonald_fyookball]

the founders getting rich slowly and consistently doesn't mean anyone else gets to
(unless there's more demand outpacing supply, which seems unlikely)

They may try to manipulate the price for a while and avoid a huge up down...

But if you speculate on neucoin, you're making a low probability bet because they hold all the cards.

[frenchcunt]

Everybody will dump before everybody else lol.

[rizzlarolla]

Another NoKoin Strategic Plan Inconsistency  

Also note that given the foundations' continual coin distribution, by year three they will no longer own a majority if the coins, and by year 10 they will own less than 5 percent of the coin supply.

vs.

Foundation coin holdings are projected to peak around year five, then decline slowly and ultimately stabilize at under 5 percent of the total supply.

I saw that.

They might be explaining it from 2 different angles?
I don't know, it's not clear as usual.
a. a majority of all coins
b. total number of coin foundation ever owned
(probably not, but they could argue this?)

However, I suspect the founders 300m coin for work after launch is the key to this more recent information,
"by year three they will no longer own a majority of the coins,"
These 300m coin are "set aside" at launch, but still count toward foundation total of 2.4bn.

Ok, so the foundation technically control them (which is why neucoin project say foundations have 2.4bn coin, not 2.1bn that they can actually use/stake)
After year 1, foundation will hold 600m founders coin, (after releasing over 100m) a "false 600m" holding
After 3 years the remaining balance of these coin is paid in full to the founders. (see strategic plan) The balance will still be around 600m neucoin
(using my figures as explained in previous post. 850m+ already released. no official equation for this exist)

This "final release" to founders will swing the balance of foundation controlled coin to "less than 50% of all neucoin"
A swing of effectively 1.2bn neucoin
(if the final payment is much less it will be because higher rewards have already been taken. same sort of affect.)


neucoin haven't shown a real set of figures for founders 3 year release
(Just some crappy 2 month example of 1m neucoin, based on the 5 year release plan. not relevant here)
"Illustration of how the re-sale restrictions work in practice"
http://forum.neucoin.org/t/how-the-neucoin-community-can-monitor-the-foundations-and-teams-neucoin-token-holdings-over-time/1526
Based on that, my figures are conservative. I think.

No consistency here, no transparency here.
Just confusion, deflection, resignation.
                                  

[ratsorizzo]

Another NoKoin Strategic Plan Inconsistency  

Also note that given the foundations' continual coin distribution, by year three they will no longer own a majority if the coins, and by year 10 they will own less than 5 percent of the coin supply.

vs.

Foundation coin holdings are projected to peak around year five, then decline slowly and ultimately stabilize at under 5 percent of the total supply.

Actually doesn't seem inconsistent at all.

Absolute number of coins owned by foundations projected to peak around year 5, but already by year three the foundations will have way less than the majority of coins.

[rizzlarolla]

Is this how neucoin mining works,


Torrgeek puts his 1k neucoin in a 1 year neucoin growth account.
Torrgeek earns 100% interest, thats 2k neucoin  

Dan has the foundation mine his 1k neucoin for him, super efficiently, no neucoin growth account needed here.
Dan earns the full compound interest rate, thats 2.47k+ neucoin  

Dan can sell some every month, say 2%, and still have about 2k neucoin at year end.  
Torrgeek cant sell any during his contract.  

Dan gets nearly 50% more interest than torrgeek.  
Dan can sell every month,  
Torrgeek can't.  

Good deal Torrgeek?  

[Colt 45]

Anyone who wants to (and knows how to) can mine on their own and earn full PoS rewards. That's for the crypto pros who want to maximize.

Growth accounts are just for consumers who would never get involved with client mining anyways. That's for the mobile game playing masses who just want plug and play.

[LiQio]

Anyone who wants to (and knows how to) can mine on their own and earn full PoS rewards. That's for the crypto pros who want to maximize.

Growth accounts are just for consumers who would never get involved with client mining anyways. That's for the mobile game playing masses who just want plug and play.

I thought "crypto" isn't in the target group...

[...]NEU is targeting mobile games and social media. not crypto.

Nevermind, can we agree, that if someone doesn't want to lose real value he/she
- needs to mine with all funds all the time (otherwise the inbuilt high inflation leads to loss, given that big players (=inner circle) mine with billions)
- needs to mine in a way that highest possible return is achieved (because otherwise "more efficient" miners quickly outpace said person and value is lost)

Agree?