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

[tempus]

...
Where to buy some?

Do you know how to go to Coinmarketcap.com and find out which exchanges sell a coin?

Have you read any posts on this thread?

Your first step should be to research and find out if the coin is still viable. The original dev is apparently a known character, and supposedly integrated the coin into Jango.com. If you are going to invest more than a tiny bit you should verify that the coin still works on that website. If it does then the dev may have stepped back to drop the price and buy it up. If it doesn't work on that site then be careful. Most people seem to think at this point that it is a scam.

I agree for my mistake for not reading the full thread.
I'm totally new to buying and trading new coins to make profit. So I will get used to it in some time

Better not touch this one. It's done...

[tempus]

...

...

...

Better not touch this one. It's done...

+1

A strong argument could be made either way. 

Devil's advocate would point out

1) The coin was made by a public figure with a track record.   

More precise might be: This coin is one of hundreds of simple clones and it was sold from a guy with a shady past.

2) The coin still figures prominently in that person's business, at least at http://www.jango.com/faq for example.

Neucoin was never something to bring more value to Jango. Jango was a marketing-strategy to get attention and lead ppl into the impression that it would be enough to add value to a totally flawed project. The results show: That's not enough.

3) Jango is 8134 globally on Alexa http://www.alexa.com/siteinfo/jango.com so the guy does know something about business

Of course. He made a lot of Bitcoins out of the ICO and sold useless dust to those who were too unexperienced and naive. And while the Bitcoins rise in price, Neucoin goes down more with every month at very low volume. It would need a x30 pump just to reach ICO-level again. But there is the monster inflation - plus billions of premine.

4) Sell orders on Bittrex within a short distance of the current bid are massive, roughly 6m up to 191 which is roughly 50% of what is at Bittrex. Is somebody dumping? Or are they squeezing coins out of nervous people? We don't know yet. Volume today was 16btc, far beyond what depth was, and 5.5 btc remain on the buy side. So either a lot of buyers stepped in, or the sellers are inflating the volume.

They don't need to squeeze coins out of nervous people. They make millions of useless coins every day out of staking rewards. And THAT (the economical design) is the biggest error of the whole project and it's impossible to get it solved. The general design is also enough proof for a total lack of competence.

5) It would be very appealing to the person behind the project to see the coin successful, and it would not take much. In business terms it would be a lot cheaper than abandoning it.

It wouldn't take much? It's impossible. I agree that they most likely would want to see it succeed instead of just abandoning it like little Scammer. But they already know that they've made such big mistakes right from the start that there is absolutely no way to get it somewhere that would make sense for anybody.


The problem is: Even if the tech would be better and the economical design wouldn't be such a bad joke and the team would be competent... would it have a chance? I don't believe that. There would be still zero innovation. Neucoin is nothing more like all other little clone-coins. The difference is just: Neucoin made an ICO and promoted it with "big" names. Nothing more.

At the same time there are projects that are really innovative, and even if they shouldn't be successful, they are part of the collective progress and evolution of innovation. They would have value even if they should fail somewhere in future.

Neucoin is nothing but a money grave for all who invested in it. And that was predicted from many users in this thread over a year ago.

[rizzlarolla]

Deathwatch.

225 low in last 24 hours.

Bets on when it falls to two digits?  I think 6 days.

Ok, took a little longer than 6 days, but we got there soon enough.
Now trading at 0.00000060, new low at 0.00000045.
Thanks Sandrine.

Darteous is sitting on a 99% loss.
But still clinging on to the dream of neucoin riches.

no-ice-please sitting on 50% loss in less than a week.
He's hoping his $5 neucoin investment will increase 1000 fold.

If everyone was that daft, neucoin WOULD rule the crypto world.

[rizzlarolla]

Depth yesterday was 8 btc.

Today, after 13btc volume selling, depth is 9 btc.

I'm going to put another 50 cents into it.

Depth now is over 14 btc.
Means jack shit.

Price is still less than you paid.
Even though depth gone up.

Good luck with your 1000% return.
Please don't start a trading blog.

[rizzlarolla]

Apologies for interrupting the silence.

Back to you tumbleweed...

Thanks,

Some people eh.

[rizzlarolla]

Depth yesterday was 8 btc.

Today, after 13btc volume selling, depth is 9 btc.

I'm going to put another 50 cents into it.

Depth now is over 14 btc.
Means jack shit.

Price is still less than you paid.
Even though depth gone up.

Good luck with your 1000% return.
Please don't start a trading blog.

Why would I start a trading blog?

I am having a little fun with about 5 dollars. 5 fucking dollars.

Does that offend you?

No it doesn't.
Invest your "fucking" house if you want to loose that as well!

Have fun lining the pockets of the unsavoury,
and perpetuating what should be finished.

[tempus]

Interesting Blogpost:

NeuCoin Project update: acknowledging some major headwinds
http://blog.neucoin.org/post/145353414181/neucoin-project-update-acknowledging-some-major

The funny part is: They seem surprised, but it all was predicted.


Example, about their "fraud-issue":

But you have to expect that all those Coins they distribute (however they would do that) will reach some day the exchanges. Let's say they tip it over Facebook... it would be only a question of time somebody makes a business-model out of it to collect some of it and dump it. If they would distribute only 50 Mio and somebody would find a way to collect just 5 Mio and dump it, the price would crash. 5 Mio at the current price = 175 BTC.

(...)

It's a trap for all. And it's paradox but true: It's also a trap for them... because they won't be able to handle that. Even in best-case and without thinking about lack of trust, lack of professionality, possible fraud or hacks. There is no scenario to handle the inflation.

https://bitcointalk.org/index.php?topic=944933.msg12589929#msg12589929



In fact, all problems they have to face were predicted and not just from one person. They really should ask themselves what they believed what would happen. Kind of funny is this part (from the blog-post):

"We can only speculate as to why NeuCoin received less support than a hundred other altcoins, but perhaps the wider crypto-community simply could not support or even countenance a consumer-oriented cryptocurrency project led by industry outsiders that put marketing ahead of technology."

Really, that's so surprising? The Crypto-Community has some focus on the tech and not only marketing? And it's really surprising that nobody wants to pay real money to make rich just those who are behind this, while they stake millions every day and plan to distribute huge amounts  for free to dumpers?




Or this:

"In hindsight, misreading the psychology of the crypto-community may have been the NeuCoin team’s single biggest mistake."

The single biggest mistake is the economical design with the monster-inflation, so they don't know what to do with all the coins... It was very naive not to anticipate what is reality now, but to believe people would give money for it and drive the price up to make the owners rich.


The Neucoin-Community should face the fact that they believed in a project that is lead by people without ANY capability and competence to deliver what they've promised. And it never was rocket-science to see that. It always was obvious in the design, even before it became obvious that there is also a total lack regarding the tech.

[tempus]

Also interesting is their conclusion:

Where things stand

As mentioned above, the Jango team is still working to solve the consumer fraud issues. If they’re successful, then Jango still hopes to deliver over 1 million non-fraudulent users over the next year. If that effort succeeds, then the NeuCoin team will attempt to add other distribution partners as well as forge partnerships with companies that will want to offer ways for the million+ NeuCoin holders to use their NeuCoins. We still think this could work.

(...)

All that said, we haven’t given up hope and are still trying to bring about a positive outcome in the long run.

http://blog.neucoin.org/post/145353414181/neucoin-project-update-acknowledging-some-major


The interesting part is this:

They say "if....successful" they still hope for > 1 Mio (non-fradulent) users over the next year! And again they say "if.....", they will attempt to add other distribution partners etc.

What they basically say here is that they won't do much before "next year" and before there is a huge user growth.

1. Where should it come from? Will there be less supply, staked by the team behind?
2. Do they promise to hard work on the general quality and the tech?
3. Do they really believe there will be user growth if they just wait for next year?
4. What do they believe how the market reacts if they say that there won't be much progress until next year?


@Neucoin-Community: Let me translate for you what they say... It's a goodbye. They try to say that they are still there, "working" on Neucoin, giving the impression that there is still hope in "the long run", but in fact they know that there won't be the 1 Mio user next year and they don't say what they will do ......"if.....not".

They hope that they will have their peace until next year and that nobody will care anymore next year. And they are right with that.

Just btw.: That they would leave in silence was also predicted (from last October):


So, the big question is: What will they do. And for now it looks like, that they'll do maybe some little moves to let it seem they're still on track and working with confidence, but in the end I believe, they'll leave in silence - if possible. The biggest mistake they've made is: They made time to an enemy.
https://bitcointalk.org/index.php?topic=944933.msg12741782#msg12741782


Their luck is: The Neucoin-Community is that small, only a few guys, that they will be successful at least in one thing: Abandoning the project without much questions to answer.


New price/all-time-low: 67 sat...  

[Gekko463]

Another translation:  So long and thanks for the 4000 offshore tax free bitcoins suckers!

[scam confirmed]

I am having a little fun with about 5 dollars. 5 fucking dollars.

trailer cash 

[jonald_fyookball]

if only all investment opportunities were as easy to predict as nokoin!

[jonald_fyookball]

   Foundations can’t sell coins to fund development and marketing

    Partners are less interested in working with a cryptocurrency that has very little value or community support

    Team and community members can become discouraged

    All these negative factors tend to reinforce each other

Really nokoin?  You mean to tell me your little ponzi scheme
fell apart as all ponzi schemes do?  What a shocker.

We can only speculate as to why NeuCoin received less support than a hundred other altcoins

Translation:  We tried to hop on the shitcoin bandwagon and take a piece of the pie from the goldrush mentality of cryptofools,
thinking we were smarter than most of them, and were surprised to find out how ineffectual our efforts were.

[tempus]

if only all investment opportunities were as easy to predict as nokoin!

Very true. Never have seen a project that was so predictable. Paycoin maybe... ;-)

[rizzlarolla]

I am having a little fun with about 5 dollars. 5 fucking dollars.

trailer cash 

How skint is Sandrine she needs to keep on taking 5 fucking dollars from people.

[rizzlarolla]

I am having a little fun with about 5 dollars. 5 fucking dollars.

trailer cash  

How skint is Sandrine she needs to keep on taking 5 fucking dollars from people.

Our admins - Sandrine ayril (click on)
http://forum.neucoin.org/about

Last seen 2 min.

[tempus]

I am having a little fun with about 5 dollars. 5 fucking dollars.

trailer cash  

How skint is Sandrine she needs to keep on taking 5 fucking dollars from people.

Our admins - Sandrine ayril (click on)
http://forum.neucoin.org/about

Last seen 2 min.

that's more an issue of the forum. It shows: Last post 31 mins ago .....but the last post was from november 15.

[rizzlarolla]

Ah, no.

It was a "hidden" internal post between admin.

[tempus]

I like your project. I will be following it!

Sure...

POWERCOIN

I like your project. I will be following it!

WINGS

I like your project. I will be following it!

Bot?

[rizzlarolla]

I am having a little fun with about 5 dollars. 5 fucking dollars.

trailer cash  

How skint is Sandrine she needs to keep on taking 5 fucking dollars from people.

Our admins - Sandrine ayril (click on)
http://forum.neucoin.org/about

Last seen 2 min.

that's more an issue of the forum. It shows: Last post 31 mins ago .....but the last post was from november 15.

My bad,

I meant to say last "post" 2 minute, not last "seen".
(and i should have said last "private admin" post)


for ref.
rizz, "Also, their ineptitude continues this week as I found these private posts, (these are a few of them)..."
May 26, 2015, 12:10:06 PM

rizz "BTW, Has Sandrine had enough? Has she heeded Gekkos warning of prison? Is she the latest team member to quit?
She has not posted in over a week. (only in private threads)..."
May 27, 2015, 10:27:48 PM

rizz, "Or at least Sandrine is pretending she has already left.
Last (private, er, "team") post 13 hours
Last seen Nov 25th
Last (public) post Nov 8th ("Hi everyone I'm leaving")"
December 06, 2015, 02:22:46 PM


So, it is not a glitch. It has always been this way.
Sandrine is still active neucoin admin.

[jonald_fyookball]

Darteous, are you ready to admit defeat?