Topic: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation - page 41. (Read 88341 times)

For this very reason, I passed your complaint on. I already stated my views that being compliant is important. I am sure this also goes for third parties.

@Peter78

Ok, it was a little joke from my side. But I would really appreciate if you quote correctly and not to pull things out of their context, I will of course respond to your more serious remarks. After all, there are not that many places where this kind of communication is taking place. And as you do know, we get answers and we get misunderstandings out of the way. LEOcoin Foundation is for all LEOcoin owners, for the uncritical and the critical, for the small and the large owners. Yet, this does not mean that I can answer all questions - and really most issues that are being brought forward are aimed at third parties.

As much as I can understand people to be unhappy with the current LEOcoin price, or with issues like the switch to POS or the premine, I have to point out that the current price is a result of a working market mechanism. With regard to the obvious bias some in the forum have against LEO Ltd. or their way of market development: I see that this is partly LEOcoin related, but now that Dan in the interview has clarified that the very large majority of LEOcoin is no longer owned by LEO Ltd. or the creators of LEOcoin, I hope that it is clear that with this digital cryptocurrency the creators will not dump or manipulate the price, but instead have a long term view and dedication to support LEOcoin and bring it ahead. What we saw in the past year or so, was a straightforward attack on LEOcoin, but one that we intend to survive. More in the next part of the interview that I will post later on.

Here is a quote from the governement laws on websites:


As far as I can see, none of the Leo Eco System Websites do respect this - leaving a user or customer completely unclear about who his contractual partner is.

The least that one can say is that this does not clearly help to bild confidence !

To give a serious feedback:

1)
Yes, it is - in my opinion - not  a "petty administrative offence" to indicate wrong company IDs.

Would you say - if you have/had a business - "I don't care" if another company used YOUR IDs in its "terms of service" ?

2) Dan said - and he is 100% right here - that he must apply very high levels of KYC policies.

The same - howver - must be true when it comes to "know your Leo Partner".

I am surprised that my questions in this regard (who manages / operates/owns LeoxChange, LeoMarketPlace, LeoCoin Foundation) seem to be considered as "exagerated" or "not so important".

If you want confidence of investors, they need to know with whom they are dealing !

I don't know about you, but before I invest money or get into a contractual relationship I want to know who is my partner, if he is correctly registered, what kind of company structure it is etc.

1)
The one about the "beta version" ?

That was just to bring a little bit of humour to the forum discussion .....

2)
I really did not realise immediately that you meant the "bitcoin" forum - because for me we are on a forum tread about Leocoin and discussing Leocoin.

@Peter78

The forum is called BITCOINTALK, but your record to draw poor conclusions combined with your custom to provide half or out of the context and thus misleading quotes speak for itself.

Sorry, Peter78, I do not hold you for that stupid, not at all. And your last comment was simply out of line. I hold this to be done deliberately, so this will be my last reply to you. I fully realize this is a poor thing in a way, but it perfectly matches your intentions.

Like for LeoMarketPlace, a "Beta Version" warning applied to the new software might solve that problem 

And about POS, I doubt they have it made allready. And even if it is ready it will probably as their other projects, only half finished...

Didn't LeoCoin Foundation repeat numerous times "This discussion is and should be about LeoCoin"

I guess he was talking about leocoins ,,bitter rival,, bitcoin hahaha

So according to the LeoCoin Foundation, LeoCoin was used for "criminal acts" and "pump and dump"...

Now that is great to read and to give us more confidence in it ...

Yes. Great news for leocoin 💵💵💵💶💶💶🍾🍾
Now we have to be positive and price will rise and rise.
I think 10£ Is the right price for leocoin, for all of leocoin haha

hahahahahah shure it will rise!!!! hahahahahah BUT today, story would be something like this;

0,0622 last price, - 8,11%

And what makes you think that "bot" will keep on dumping them? When all he has to do is stake them and get 10%,20% a year!  but you go right ahead, keep on dreaming

LOL Peter78

As always, I cannot comment on who knows UK regulations or not. But you certainly have a point, that legal information on websites should be conform the actual EU guidelines. However, to address a petty administrative offence as "highly illegal" is a tad overexaggerated. As an anonymous person posting on a forum that is dedicated to a Coin that itself has been used for real criminal acts, like money laundering, pumping and dumping, etc. such strong wording makes me chuckle a little bit.

As always, I have forwarded your valid concerns to those responsible.

Guys its look like botnet stop! Difficult go down from 0.13 to 0.03!!!
Now after they kill price they stop 👍🏼👍🏼

Now time for pos wallet and price will start to rise!👍🏼

But first LEOcoin need to get trust back! But its can easy happen!

I am sorry to have to say that, but is there anyone at Leo who knows the UK laws on websites ?

If a company makes a web site available - no matter if it is under construction or whatsoever, there MUST be the correct company registration number and VAT number.
It is simple as that.


I am also wondering what the company, whose identification numbers are used, would say about that.
This seems highly illegal.

@Peter78 - Re. LEO Market Place website

Indeed this concerns a third party website. On my enquiry I got the following answer "It’s a common misconception that the LEO Market Place site is a completed site - it’s not, it’s in beta and is there as a directory and depository for information. ... the information on leomarketplace hasn’t been through any testing or bug checking or proof reading. As in this case the company number is incorrect, it’s just a holding number"

In this regard the LEOcoin Foundation has adviced to add an 'under construction' referral, or otherwise make more clear that the website of the project is in beta status. However, the amount of 32,000 merchants that have registered is correct. Also the LEO Merchant Project is still active and will play a role in the development of LEOcoin.

How do you know that ?
And who owns LeoXchange ?

Here is one :-)

http://us5.campaign-archive1.com/?u=7066920bbac919a55162c018e&id=8f38076a3e

LEO ltd