Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
Colt 45
on 29/09/2015, 13:59:56 UTC

1. Imagine you are a big Investor. And you look at the distribution and you look at the inflation. There are about 100 mio Coins on the market right now  (some more because of staking). But 2.9 billions are staking behind the curtain and every two weeks there is a 100%-inflation out of public perspective (100 Mio). Why the hell should you throw just 1 BTC at this even if you have 10k BTC?


A lot of crowdsale buyers wanted, and still want to, cash out while they can make a profit. As long as the price is higher than the crowdsale price that's only natural. The long game is in staking and seeing if neucoin delivers on acquiring huge user numbers. That's really what this is all about. Will they succeed at mass adoption or not?


2. Imagine you run a company: Why the hell should you implement a coin with this (without any) distribution and such an inflation?


There is actually a really smart plan for distribution on Neucoin.org. Very growth driven. The coins aren't just going to sit at the foundations, they will be distributed to consumers, game developers, marketing partners, social media, etc. Check out the plan, it's all there.


3. Imagine you are a Developer for games: Why the hell should you damage you credibility and the potential of your product with a project like this?

Because if you look beyond the fud on this thread - see who's involved, see who invested in the angel round, their expertise and their rolodexes, and not the least - their different apprioach to all this - I think a lot of game developers will. 



This project has absolutely no chance. It has no chance as a Scam and it has no chance as a legit project.


Dude, it's simply not a scam. Period. That's just what trolls around here think it's fun to keep saying. There's a lot of fud and paranoia here but go read up on Neucoin.org, check out the online wallet... to any normal, sane person, it simply isn't a scam.

Bad idea? Maybe. But for sure not a scam. Personally I think it's a good idea. It's different. They're trying to reach millions of consumers in new ways. Completely different ways than earlier coins. Games, social, etc. Getting mainstream users to try it and rewarding third party companies that help make the ecosystem useful. The distribution and inflation is part of that strategy and of course should be factored into the price. But it's not really about the price right now - it's about acquiring a shitload of users. If they succeed it will be worth a lot. If the don't succeed it won't. Only time will tell. Simple as that.