I've been involved in Bitcoin since early 2010...back when you could still mine with video cards. In the interest of full transparency I put about 10 BTC into the Neucoin presale. It might be gone now, but I was aware of the risk going in.
Honestly I don't think Neucoin is a scam. They went to a lot of trouble to be appear very professional, and in the whole grand scheme of things didn't take in that much money to justify everything it appears they did. The "scam", if there is one, could come as a pump and dump. But a lot of things are pumped, especially in crypto, and I'm not against riding a pump and dump for some quick profits. I've done that with a few other coins and generally have sold profitably, but much earlier than I should have.
e.g., Gawminers was obviously a scam from the beginning, and by the time Paycoin came along I really couldn't understand why people were still engaged. I bought some equipment early on from Gawminers. I received it, but was very skeptical about how they ran their business and pretty quickly stopped buying from them. I actually got a several thousand dollar miner for free from them at one point.
I've been involved in Bitcoin since early 2010...back when you could still mine with video cards. In the interest of full transparency I put about 10 BTC into the Neucoin presale. It might be gone now, but I was aware of the risk going in.
Honestly I don't think Neucoin is a scam. They went to a lot of trouble to be appear very professional, and in the whole grand scheme of things didn't take in that much money to justify everything it appears they did. The "scam", if there is one, could come as a pump and dump. But a lot of things are pumped, especially in crypto, and I'm not against riding a pump and dump for some quick profits. I've done that with a few other coins and generally have sold profitably, but much earlier than I should have.
e.g., Gawminers was obviously a scam from the beginning, and by the time Paycoin came along I really couldn't understand why people were still engaged. I bought some equipment early on from Gawminers. I received it, but was very skeptical about how they ran their business and pretty quickly stopped buying from them. I actually got a several thousand dollar miner for free from them at one point.