Response to: https://bitcointalk.org/index.php?topic=944933.msg13966447#msg13966447

Hey Tempus, thanks for sleuthing 

Did the purchase of neucoin tokens not occur? I don’t know what that means.  Is a token the same as a coin?

On your second point, I don’t think there has been an annual review yet, so that remains to be seen. The distribution is so tight to angel investors, it may have happened.  I can’t really answer that. If there is an issue here, it can also be attributed to being behind schedule.

Third point and beyond: That is shitty. The launch was not ideal. This is one of their biggest blunders. These are all symptoms of a rocky start. 

As far as heavy-handed moderation of their forums goes, I wasn’t around to see what was going on. I’m the type that prefers openness and little to no moderating. They lose points for that.

I have been reading the neucoin.org forums recently and they do have  unusual moderating techniques where they close or remove threads after they’ve reached a resolution. I think of forums as an archive and that process strange.

I understand that the distribution of coins is HEAVILY centralized. I also understand why that’s a problem for this community. not an insult: its obvious to a relative layperson like me that crypto people are more cynical and skeptical than average. That can be very healthy to the yin/yang of society and for keeping entities like NeuCoin honest.

The distribution of coins should be no surprise to anyone. It was set up this way from the start. If the distribution rate is lower than expected, it’s my belief that this is related to a rocky start and not from them pulling a fast one on the community.

To that point, I think the rocky start has a lot to do with them over or under estimating, not sure which, this audience and threads or feedback like what we see here.

Taking a step back from the fact that this is a crypto currency we are discussing and instead looking at it as a business model, I don’t know, I think its a little interesting.  I’m not sure it will ever have a place in this community, but horses for courses and all that.

I’m ready to declare it the next big thing but I am also unable to declare it dead.

btw… any read on the current movement of coins post PoS switch?  There has been some activity.