Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
Let's have another look at the distribution on bittrex:
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
- Top account now up to 3.37M neucon
- Second largest account has grown to 1.14M
Looking at the low volume they (the regime members) have to be the only buyers (way below ICO price naturally).
Coming October 23rd "approximately 5 million NeuCoins will be distributed".
Which is with high probability another lie. After the "user verification process" we can expect that less than 1M will be distributed to third parties.
Still this will put more pressure on the price -> ICO investors are even more f#cked.
The neucon regime dominates supply and demand but still has not disclosed the price they are aiming for. Every other piece of information they make public is old and repacked (copy-pasted), not important or imprecise/concerning the far away future...
At the current state the neucon regime produces millions of coins and buys back millions of coins at a lower price. Early buyers are being toyed with by the team. Price is completely artificial. Commitment of the team doesn't seem to exist. Their forum is dry and the couple of complete numbnuts trying to pump it or defend it there appear to be team members (I don't see any reason to believe that they are not fake as well).
Neucon: Where lies and incompetence go hand in hand.
24 hours later,
Top account now 3,490,000.
That's +120k nokoin in 24 hours.
24 hour Bitcoin volume 3.75
That equals ALL sales in last 24 hours.
NOBODY else is buying.
Survey nokoin "released by 23 Oct."
The nokoin team have got 48 hours to get nokoin delivered to the people or fail to fulfil this promise.
Also 11 million nokoin become unrestricted for the "team" on 23 Oct.
(also more unspoken founder nokoin will be available 6m+?)
Busy day 23 Oct.
Nokoin price 23 Oct? Very low. Unless nokoin buy it ALL back, and sell NONE of their own.
(as Tempus said, can the unrestricted nokoin be controlled? Will there be any trust between the nokoin "team"? will it be a race to sell?)
I don't think the survey nokoin release will happen in it's present form. It's futile.
Either it will be "delayed due to technical problems"
Or downgraded. 1000 free nokoin becomes 100 free nokoin,
Or, I personally think there is a high chance, nokoin is about to be called off. Finished.
I'm not sure if Neucoin is still under development. They're still there but maybe tendentially leaving. Could be that some already abandoned.
Regarding the market: There is no way to do something right. If they give out the survey-coins they have to decide if they want to buy back huge amounts on the exchanges, what means losing BTC, or if they want to watch the price go down like a stone. If they don't give them out, they would have to explain that - and they could. There are obvious reasons to hold them back. But it would make also obvious that the whole distribution-strategy is a fail. It would take off the base of their own strategy and raise some questions they would've to answer. And every answer and every explanation would be about "future"... and "our plan is" and "soon" and under the line it would be like Paycoin 2.0 but without the thousands of believers. It's highly doubtful that there is a user-growth, more the opposite.
And maybe it's sad for those who still support Neucoin and bought into the ICO, but when it comes to FUD... they really should ask who causes more fear, uncertainty and doubt? BTC-User like you or me and some others, or the Neucoin-team itself? I would be concerned about the silence, about zero updates, about unanswered questions, about the lack of transparency and the lack of strategy and so on.