Quote from: scam confirmed on August 06, 2015, 04:38:34 PM

More FUD from a paid NoKoin shill

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Quote from: James on Pre-launch updates drama thread

What are you saying about the staking? Are you saying there's a penalty for not staking continuously? If so, it's not a penalty. If you don't stake your coins then your coins don't increase in value as they would if you had staked them. There's no penalty, meaning the coins you don't stake don't lose value because you haven't staked them.

Poor James.

He would have starved to death in the Weimar Republic.

They need to hire shills that understand basic economic concepts like hyperinflation and opportunity cost.

Ya pay peanuts, ya get monkeys.

Ya pay in Newcon, ya get James the Ekonomist, and children, doe-eyed 20 something kiddie-game designers and crunchy granola vegan Englush teechurs backpacking through Asia. Ya get PR flacks who forget when promises are about to be broken. Ya get a bare semblance of incompetent functionality while spyware pigs are crunching the numbers to maximize the offshore PnD returns.

Seed investors? Yeah, that would be Dan and the other Direct Revenue Alumni.

They got in at .25 cents to rent the office and keep they lights on.

The Angel round refilled their pockets at .5 cents. Seed investors already broken even and lights still on.

Then the trailer cash folks like James and the other kids bought in at 1.0 cents per non-existent coin. They paid in BTC--and have already lost 20% of their USD value even if they got refunds today. That money is being guarded in the BTC wallet in the Seychelles.

This is the BTC that will be used to drive the first few days of Cryptsy trading high enough so that the Angels, Seed Investors, employees and foundations can dump their Newcon's into the hype machine and be profitable and gone by selling just the non-restricted part of their holdings and letting the rest rot.

The kids provided the rope for their own lynching. Dan barely had to reach into his pocket. Lawyers build him plausible deniability for violating global securities regulations and ignoring fair and proper reporting standards.

Think about it: If you are one of Dan's Angel friends, you paid 1/2 cent per coin. The price only needs to be pumped to 2.5 cents for you to break even by selling your 20% non-restricted holding. So if the $1 million of BTC is used to pump to 5 cents, seed investors have made 200% selling 20% of their stash. Angels 100%. And remember all those big (unrestricted) 40 BTC orders? 500% up if they just use the BTC the idiots gave them to hype the price to a nickel for a few hours or a few minutes.

Think about it: why did they need to raise the $1 million BTC in a presale before the coin was even made if they are not using it for development costs? Why do they NEED it sitting locked away now? Why didn't they wait till the coin was launched and trading?

Let me explain why children: because you are all dumb, and they now have control over both sides of the market--at no financial risk to themselves because it WAS your money and you gave it to them. They have the NoKoins. And they have $1 million of BTC to manipulate the market price wherever they need it to be so that people who paid 25% of what James paid make money, and people who paid half of what Darteous paid makes money, but when those kids try to sell, there will be so many coins from the hyperinflation and the people who got in cheap selling for a profit that there will be no buyers for those who paid a penny.

Did you notice that the survey coins will only come out a month after trading starts? Yeah, it will all be over by then. Those will be trading for 1 satochi a piece 30 days in. That costs nobody nothin.

A nice, long (but ineptly executed thus far) con.

Newcon. Brought to you by Spyware Pig & Co. A subsidiary of Direct Revenues to Dan's Pocket Unlimited.