Quote from: Sachchit on September 04, 2015, 01:59:56 PM

I recommend a thought exercise for everyone on this board hollering that Neucoin is a scam.

Great! I like thought exercises.

Here's a thought exercise for you. Do those of you from Neucoin who are coming here and making all of these new ids really think you're convincing the community here?

Quote from: Sachchit on September 04, 2015, 01:59:56 PM

The first part is going to hurt if you have few accomplishments and a big ego, but suck it up and force yourself to read the list of Neucoins angel investors. Theyre at the bottom of this post.

These people are seriously accomplished. They are rich. They are smart. They are connected. They have reputations. They know the Neucoin management team or otherwise they wouldnt invest as angels.

Bernie Madoff was rich, smart and well-connected. He had a reputation to protect. He was also a scammer and is in prison.

Allen Stanford was rich, smart, and well-connected. He had a reputation to protect. He was also a scammer and is in prison.

Maybe you should think this through a bit more. Being rich, smart, connected, and having a reputation does not preclude scamming. In fact, I suspect that many of those Venn diagrams would show significant overlap.

As someone else said a while back, "since when do rich people not want to make more money?"

You might also want to consider as part of your thought exercise that if this is a scam, that perhaps many of the people listed on Neucoin's site are potentially victims rather than participants.

Quote from: Sachchit on September 04, 2015, 01:59:56 PM

1. How do you compare to these angels? Your accomplishments, your network, your reputation, your skills as an investor?

How anyone compares here to these people is irrelevant and likely not provable.

Again, you might want to think this through. It's as if you are saying that simply because a bunch of people are rich and successful that we need to follow their lead and do what they do? I know a lot of rich people that are complete dumbasses.

Quote from: Sachchit on September 04, 2015, 01:59:56 PM

2. Do you really think that these investors and this team would try to pull a short term scam to make a couple million bucks. Maybe YOU would do that. But these angels wouldnt. Thats not how they operate and its not how they got where they are.

I think the point of a for-profit business in many cases is to generate an acceptable return as quickly as possible. Particularly if you're an angel investor in new technology.

I've been open here about my involvement. I've said that I don't believe this is a straight-up take-the-money-and-run scam. I do think it is likely a PnD. I don't necessarily see PnD as a "scam", but different people will view that differently. Unethical sure, but everyone has different moral compasses. I suspect that a well-orchestrated PnD that's going to make these people a quick couple of million, with very little to no upfront risk would be exactly the type of thing they'd be interested in. These people could give two-shits about the long-term success of Neucoin, when they make their money on the price spike within the 1st two months.