Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
idifin
on 04/09/2015, 01:30:15 UTC
Wait, are you saying that if people invest in these growth funds, they can't even get their principal back at all until the term is over?

Not exactly. My understanding is that if you cancel before the term is up you lose the staking rewards. You would get your principal back.

Like I've said from the beginning posting here. I've always felt this is likely a PnD. The questions that I'd like to have answered are "how many insiders are there?" and "how much will they need to earn before they let the value crash?"

I count 50 "insiders" on the website, but let's assume 25 more. There can't be too many or things would be too diluted. Probably impossible to know how much money they'd need to make, but it would probably need to be significant, leading to an initial high price spike for Neucoin. If they haven't cashed out by the time the survey coins are released, buy the survey coins that appear on the market using pre-sale funds to create artificial demand, and then do the big dump of the 4% sale-restricted coins.

Given the way things are structured as has been mentioned here it will likely be hard to pin much of this on anyone from the Neucoin team.

Another reason why they don't care much about what bitcointalk thinks about them, and why Sandrine, after missing every commitment made, comes here and gloats about being late, is that bitcointalk isn't even close to their target market. Their target market are people who are new to crypto, and who think that the bunch of rich people that are listed on the Neucoin website are onto something, and want to get in on part of the action.

Coming soon, they'll announce an exchange that will be ready at launch. That piece really has to be there for any of their plan to work.