Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
tempus
on 18/03/2016, 01:25:36 UTC
The numbers are obviously exaggerated to some degree for the purpose of marketing. But they do say a lot.
   

So, unreal numbers say a lot? How is that possible?


Quote
   
How many times did you hear about bitcoin before you actually decided to really read into it? Same with altcoins? Neucoin is reaching a much larger market than any other altcoin. As long the price doesn't drop like a rock they're going to slowly gain more and more seriously interested users. Neucoin reaches outside the crypto market like no other coin has been able to do besides bitcoin. We'll see over this year how they do with retention, but if they keep it up Neucoin will become one of few successful cryptos

I doubt that, because there are no solutions for initial problems like the economical-design. Coin-destruction can be hardly called an elegant solution. And there is no real sign that Neucoin really grows. I mean, you say the numbers are exaggerated for the purpose of marketing and there is no way to find out the real numbers. But it's easy to figure out if there is user-growth or not in general. If the number of followers doesn't increase, if the number of FB-likes stays the same and at a low level, if the google-searches even decrease... where should the user-growth be? Take a look here, an interesting comparison:




Factom and Neucoin started (nearly) at the same time. Both had an ICO and while Neucoin claim they would have captured > 4000 BTC, Factom captured just 2.278 BTC. The first time Neucoin had more searches than Factom and Factom doesn't have 8000 new users per day. But obviously the google-trend shows an explosion, while Neucoin decreases. And that shouldn't be possible if there is any real user-growth. It's that simple.

And if you compare it with other projects, projects without money-backing and "big names"... you'll see: A lot of those projects have more user-interaction, more followers, more community-communication, higher volume, and so on.

And I know that it's seen as FUD if I write those things, but besides the obvious problems with the tech and the design and the lack of communication, it's quiet hard to believe anything what comes from the team, if independent/objective informations are that much in conflict with team-infos. All together adds up to the biggest problem: Credibility.