Topic: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation - page 34. (Read 88371 times)

@Peter78,

I will answer you extensively, as we need clarity on what is going on. As we - as LEOcoin Foundation - have an important event going on, please understand that I respond in two steps. First I will go into what I think is going on concerning these big amounts on addresses in general, then secondly, I will go into some of your remarks in detail.

I shall try to have a satisfactory explanation by tomorrow. Beside that I have a private life too, the delay is also because I have to ask other persons that are currently not available.

Here LEOcoin Foundation
Distribute me some coin: LTw8Adni4bpsaTntZjdxmpzksq2n5jd2md

I am part of the community

@LEOcoin Foundation

I see that you seem to be a fan of logic and philosphy.

You write:


I guess that there was a "processus" to come to that conclusion?

But how did the LeoCoin Foundation become "convinced" - even if there is at least a big questionmark because of the three 25 million premined wallets?

You also wrote:

You even don't know who owns them !
So how did you become convinced that these 25 millions were distributed ?

The LeoCoin Foundation is an independent organisation! So you will not just believe what some third parties tell you, won't you ?

Sorry, but your explication does not fit in that case.

1) The 25 millions are premined coins.
2) And you can trace back the operations.

All three wallet balances come from transactions where a part of the 50 million premined coins were split into three wallets and some coins spent.
It is just the rest of the premine.

That are not coins that had been distributed and collected again.

So the 25 millions here had not been distributed !

We can only say, that in the "best" of all cases 25 millions have been distributed to three persons.

Yes. That is an easy one, actually. Let's - by analogy - assume, you have 1000€ on the bank and 150€ in your pocket. You also have 50 bucks in your trousers, that is from your company, so you can buy a new vacuum cleaner. How much do you own?

That would be €1150, of which you have 150€ in your wallet. In total you would possess 200€ in cash. The bank would posses your other 1000€.

So far the analogy. I cannot see who owns an address or whose LEOcoins are in what wallet, but what I do know, is that having a large number of LEOcoins on three addresses does not mean that they necessarily must have one owner. In fact, one of my relatives has his LEOcoins in my wallet, but he trusts me with them, and I know they are his.

Again, I spreak by analogy, as I cannot speak on behalf of third parties in how they manage their administrative operations, but I assume with LEOcoins similar procedures will be followed as with regular FIAT currency.

Dear LeoCoin Foundation,


Good and important point.

But what about the 25 millions of premined coins that are in only three wallets?

I like to trash talk this coin not because i didn`t made on on him, i did but because they said so many thing they didn`t deliver or they are always late.

Great list of coins!👍🏼

Who lost money? I didnt, i made it on Leo, but that still dont mean it aint a scam....but be my guest, buy buy buy!

So many accusation of scam .... I admit leocoin is a bit controversial, and in current situation is not doing well, price is source of scam accusation? or what? but someone personally lose money on leocoin? And in what circumstance?
Is a link of stories about people complaining of LEO with concrete facts (not general or what they think)?

@LeoCoinFundation

Funny how you CHOOSE what to answer, or on witch part you hang on, again....

skipping all questions and start bullshitting as usual, some things do not change ha?

still need more time for answers ha? what 6,12 months for a few questions? Will that do?  

3 parties? well you are all LEO, no matter how much distance you try and create, no matter how much you avoid answering questions...

Pump and dump?who was taking bout that? making stuff up  

oh well, Leo is what LEO was....scam  

@BarrioFInito

So, basically you accuse persons from cheating and lying and when I ask for proof, all you come up with is that you have a problem with the business model of a third party. Well, my policy on commenting on third parties is known and I would appreciate it when you let your frustration with regard to these parties out somewhere else. You provided no evidence for your accusations and beside that, the explanation you came up with was faulty. On top of that it has been public information from the start that LEO Ltd. has used premine for the promotion of LEOcoin. It is your twist to call this 'selling'. Maybe you should take an introspective pill and play your 'infamous' record once more and think hard who is actually doing what, when it comes to spreading false accusations, bashing and name calling.


@all

LEOcoin Foundation is convinced that the premine is distributed amongst LEO community members, as Dan Andersson has stated. There are a lot of accusations, but no hard evidence to support them. The LEOxChange is likely amongst the safest crypto currency exchanges and fully compliant with EU, UK and Hong Kong regulations and more. Any manipulation would be illegal. If somebody has something tangible, please let us know. In case of BarrioFIito we have seen that he has absolutely nothing, but that boring record. And it is a song that I do not believe.

To finalize - the alledged 'pump&dump' issue - I would like to quote from the last part of the interview with Dan Andersson:


That is what LEOcoin Foundation is supporting.

Guys why bother with this scamcoin run by scamers? When there are so many other coins that are legit and have some real value and technology behind them, you have ethereum, maid, creditbit, augur etc.
This one is a waist of time!

Hi all -

still looking to acquire more LEOcoin - am increasing offer. Will buy another 100k+ I will pay 0.07GBP (will be paid in BTC)

contact me if interested,

LoL

Ok proof of LEO selling premined coins?

So when one buys LEO pack( MLM) and gets free coins with that, where do those coins come from?  Not from premine? 

Straight forward answer .....? How many coins were "given" to people who bought MLM pack? (you can say "a gift" but actually they are sold  )

Fake volume? Yup true, its hard to prove that one, you are right on that, but statistics dont lie, LEOXchange has never seen more then what, 40,50 people online at 1 time, and there are 16k members? 

And yes, i stated names, scroll back like 15 pages and read, but let me state em again, Simon K.? you know him? Im sure you do, and he had a few things to say how Leo is ran, just to name one....

Promises made by LEO that never came true? Oh you dont comment on 3 parties activities even tho they are LEO related and have direct impact on the coin right? LoL

LeoCrowd or what ever you call it, its a bad copy of stolen LSU idea, that we can prove, no problem posting mails here

Why cant you name the dev team?
Why cant you name that #top 5 btc guy#? 
Why arent the dev team here?
How many "bosses" of dev team did LeoCoin change?
Why dont devs come and talk like other devs for other coins?


Going POS only but still selling LEOmining rigs and leases? Mining OTHER coins then converting em to Leo and giving them to people who pay for that mining?     
Thats fair and good business right?

Yeah, LEO business...

@BarrioFInito

1) I really feel not compelled to justify my policy or disclose what working relationship LEOcoin Foundation and third parties have. I have addressed some relevant issues in this thread and that will have to suffice.

2) You stating unproven assertions does not render them true.

3) You knowing people who know others who know that someone did this or that, does not sound like solid first hand experience either. Yes, you accuse in vague terminology with an amazing certainty, which however does not at all follow from your description of business activities of LEO Ltd or their successful members, that you address oddly misplaced.

You may have your opinion, but for my part, I am done with discussing it. If I find your comments to contain valuable input, I will for certain reply, but with confusing utterances like: "LEO is selling them ... Selling them in LEO MLM scheme,LeoCrowd rewards,LeoCoin mining rig" I see no reason to fuel your personal Don Quixote vendetta against - what I see as - imagined windmills.

So, as a last attempt to take your concerns serious, I would like you to provide me, this board and the LEOcoin Community with compelling evidence that - as you claim:

- LEO would be selling premine
- LEO staff - or others - would create fake volume on the LEOxChange

Please state names, dates, amounts, witnesses, etcetera and add verifiable proof of it, so we as LEOcoin community can see and check what your accusations are worth. I am certain the board of LEOcoin Foundation will be curious, just as those involved with the third parties you accuse.

Well, if you are of that opinion regarding my replies, why should I longer bother?

Yet, we answered questions regarding the premine; e.g. we had the statement from Dan Andersson that LEO has not sold premine, that LEO does not engage in professional trading etc. (my wordings), so contrary to what you say, I do see that we provided answers. The point is that we do not provide all answers, but why should we? First, LEOcoin Foundation just started their work and cannot speak for third parties. Second, if we do answer, you simply put everything in doubt which expresses your biased perception that prescribes you to only belief what is in accordance with your view on things. In such cases, communication is futile.
[/quote]

not only my, many people share the same view.

Your answer regarding premined coins was / is incomplete. Selling premine? yes LEO is selling them, so that was a lie. Selling them in LEO MLM scheme,LeoCrowd rewards,LeoCoin mining rig lease etc (say it aint so) trading? cmon, there are 16k+ members on Xchange and ever more then 40 people online?fake volume created by LEO staff. You can not speak for 3 parties? LeoCoinFunation is a LEO, no matter how much distance you try to create, Dan and Co are still running it, telling YOU what to do so....again. lying your ass off, MY bias pereception? You still dont get it?I am a Leo member, been since 2014, i know people who were there when the coin idea was born, i know the man who started the code, who it was passed on,i know people who KNOW Dan and Atif and so on,so i know what kind of lies LEO is selling. Communications? Where?who? you? HA! When you "choose what, who and when to answer" you make #communication#  impossible.

Today the last part of the interview..

____

Sketches of LEOcoin
An Interview with LEOcoin co-creator Dan Andersson

LF: LEOcoin Foundation
DA: Dan Andersson


LF: Do you think getting people on board that are not already involved with LEO will be important?

DA: You bet. It will be essential to have as many people as possible enthusiastic about LEOcoin, as we can get. For this reason we have been doing the lobbying work, which we are now, step by step, allocating to the LEOcoin Foundation. We have been speaking about LEOcoin at every appropriate opportunity, with leading politicians, congressmen and we went to Israel with London’s Mayor Boris Johnson. We continue to see great interest and an encouraging support for LEOcoin and the chance it offers to small and medium enterprises; both regarding usability the relatively low costs.
We fully realize that the development of LEOcoin will go much faster when more people, more business and more governmental and financial authorities support or join the LEOcoin project. For this reason, we started 2016 by launching the exciting projects which I just mentioned; projects that have LEOcoin and the ownership of LEOcoins very much at their core. We are very confident that this will result in a new wave of opportunities. Once we reach a certain threshold the tide can change swiftly. Once demand for LEOcoin starts to surge and grows to levels that surpass supply the miners will see that it was a smart move to keep as many LEOcoins as they could afford to.


LF: Are you giving a ‘buy’ advice?

DA: No. I would suggest to everyone that they take a look at LEOcoin and judge it on its own merits, see its potential, notice the commitment of LEO and its Members and then make a decision to get involved or not.
On top of that; LEOcoin is a coin that is meant to be used as mean of payment. An increase in value may perhaps be expected. But money, particularly digital cash, is meant to be used for buying and selling, even when occasional savings in the form of adding LEOcoins to your stack may be appropriate now and then. After all there is nothing against trying to gain a little profit by waiting for a higher price. There are many speculative crypto currencies around and LEOcoin does not want to be a get rich quick scheme. We envisioned and positioned LEOcoin as a future marketplace reality for entrepreneurs, so for that we need no bubbles or hypes, but rather go for building up a solid market presence. The meaning of LEOcoin is its use as a digital currency and to help people do business.



LF: Is there anything else that you would like to share with us?

DA: Yes. There are exciting new things happening all the time with LEOcoin. I have mentioned some of the new platforms that we are creating like myLEOtravel and LEOcrowd – these have LEOcoin at their heart. But we are also in the process of securing the licenses required to operate in the USA. This is not an easy process as each state in the USA has a slightly different approach to digital currency regulation and some states like New York have particularly challenging requirements. But it is a core part of our strategy to open as much access to LEOcoin as possible and the US market has to be the next big one to open. This will not happen very soon because of the regulatory challenges, but it will happen in 2016.
This is one of the great advantages of LEOcoin. It has the support interest of LEO. While we don’t want to interfere in the market, we will always do what we can to help grow the ecosystem of the coin and will continue to take on more projects that will do so.
Those of you who watch LEO TV will know all about these new projects and I encourage people to understand more about what we are trying to do to help build the LEOcoin community and increase opportunities for use.
I’m also speaking and attending more conferences to spread the word about LEOcoin, and will be speaking next month at a major Blockchain Summit.


LF: Dan thank you very much for this interview and for your continuing support for LEOcoin.

DA: Entirely my pleasure. We will continue to share good news and exiting developments that will help to get LEOcoin established in both economic markets and the crypto currency world.


____


This interview will not be commented on, but comes as it is for your information only.

The Blockchain Summit mentioned is the one starting tomorrow.

Well, if you are of that opinion regarding my replies, why should I longer bother?

Yet, we answered questions regarding the premine; e.g. we had the statement from Dan Andersson that LEO has not sold premine, that LEO does not engage in professional trading etc. (my wordings), so contrary to what you say, I do see that we provided answers. The point is that we do not provide all answers, but why should we? First, LEOcoin Foundation just started their work and cannot speak for third parties. Second, if we do answer, you simply put everything in doubt which expresses your biased perception that prescribes you to only belief what is in accordance with your view on things. In such cases, communication is futile.

LoL @LeoCoinFundation

Again, a lot of BS by you again 

Personal? For who?Me or you? I dont care how you take it, or how you think it is, you are a scam, plain and simple, you fail to give any answers that have meaning, and you keep on telling stories with no value or any connection to questions asked. So jump around some more, see if i care  And i aint anonymous, you can reach me anytime you what, for any question that you have or any prove you need.

Again, simple, answer questions.....

oh you not doin that ha? 

lying lying lying.....

Dev team? Names? anything that Izy asked? Premine?

Still no?....oh well....Leo is Leo ha?

Full of bullshit