Thank you for your replies, tempus. I understand your take on the numbers a little better. I'll take some time to do the math myself and apply it to other coins for a comparison.
We'll see how they react to the poor launch and what comes of the integrations they have out there. 100% PoS switch won't get them any more street cred, but it has apparently created a temporary improvement in price.
It's a total joke in my eyes. I mean, let's think about PoS. It's very important that not one entity holds more than 50%, right? But in this PoS-System a single entity holds more than 97%. And sure, they won't attack the Blockchain but what's that?
It's by definition a private Blockchain! If we would assume that they would have at least good tech and a stable system, it would still be a company with a private Blockchain. But, under the line it's just bad tech without any kind of innovation.
And the funny part is: They want mass-adoption. The goal once was to distribute and to decentralize the system and so on. But what does that mean? If I would like to participate and to help to secure THEIR private Blockchain they want me to pay them for it! ;-)
I have to buy Neucoin to be able to help to secure a private Blockchain. And what do I get? Nothing. It's really not more. They want to sell sand in the desert. And that's it. And that makes it by definition to a scam.
And regarding the price: They can do with it whatever they want. The PoW made it just more expensive because they did not have full control. Now they have full control and like I've said: They want people to pay them to secure their private Blockchain. I have some doubts that this can be successful.