This thread is crazy. I was up until 1:30 last night reading close to half from middle to end. Lets call it a guilty pleasure. I had a strong popcorn craving the entire time.
Im fascinated by the blockchain from a technical perspective and I own a little BTC. Im interested in using existing coins and blockchain technology in products I develop.
Im even newer to Bitcoin alternatives and media surrounding NEU and their mission is most of what got me thinking about alts, but Im considering many. I did get some neucoin which Ive been staking myself. The value and trading volumes have been very poor. /r/neucoin led me here (first time reader last night.) This thread, Reddit and many others have been insanely harsh on the coin and Im trying to wrap my head around it. Is this kind of response at all normal for new Altcoins? Defensive BTC/other-alt holders? Poor track record of previous alts? The comments or accusations here are so strong. I have to believe its more than just the technicals that have been pointed out.
The crypto community mostly rejected this coin from the start and those that didnt have all but abandoned it the last several months.
This came over the twitter today: http://[Suspicious link removed]/1PHNTRB
It reads like an acknowledgement from them that the community is not interested in Neucoin. It isnt very welcome news, but I am conflicted. I still have the same question Ive had since I first concluded that there might be very little community support for this currency. Does it matter? If the mission of this coin is mass adoption by people unfamiliar with and even weary of crypto currency, why do they need much establishment support to complete their mission?
Early marketing did not kick things off very well. I dont think that instantly losing 50% of founders value was part of the plan. At the same time, I dont expect them to take a conventional approach and thats exactly what makes neu interesting to me. There is no safe bet in crypto. No coins have any mass appeal, so why do what other coins do? As a tech entrepreneur, I identify with NEUs approach to gaining marketshare, so Im not as ready to write them off as many of you.
The foundations still have money in the bank and they still have unparalleled efforts in progress to get coins into the hands of regular Joes. Have reports of NEUs death been greatly exaggerated?
This may be the wrong crowd to ask. I think threads like this played a role in the rocky start and do expect some responses to not be very cordial. This does seem like a place where people are still discussing neu that isnt moderated.