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Topic: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation - page 54. (Read 88341 times)

sr. member
Activity: 288
Merit: 250
Leocoin is like the grocery store from the movie The interview , only a facade...
They are just trying to keep it going untill they get rid of all of their premine, after that I think Leocoin is DEAD ! I give it couple of months...
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
And once more, can you name 5 places online (not owned by Leo, Dan and co) where I can pay with leocoin ?
It should be easy since there are 30.000 + or 100.000 + entrepeneurs using it on a daily basis...


Man here merchants got 100 and who refs got 100 so its cost dan 6 milion for nothing! If you ask me its not done right and 6 mio leocoins gone! 😎
Here you are right i cant fined 5-10 sites where i can buy something to see and test with leocoin!
I keep talk leomarketplace.com site is a joke! Hope leo will get that site fixed asap!
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
Leocoin foundation,
Can we see your wallet of foundation so we can see you own that 10 milion coins?

sr. member
Activity: 288
Merit: 250
And once more, can you name 5 places online (not owned by Leo, Dan and co) where I can pay with leocoin ?
It should be easy since there are 30.000 + or 100.000 + entrepeneurs using it on a daily basis...
sr. member
Activity: 288
Merit: 250

Not fear, its a fact ! I am also in possession of quite a few premined coins ! YES premine has been selling and still is !


First, if you will not refrain from personal attacks, I shall not answer; you are of course free to dislike my style of writing; but if so, you simply have to live with it.

Second, if you are in the possession of premined LEOcoin, please disclose more about this process here on the board; we will all be curious in this regard. If you have been purchasing LEOcoins from LEO Ltd., please show us proof, like bank transfers, etc.

Third, just having some premined LEOcoins as such, does not proof anything, except, that LEO Ltd. has used them for promotion purposes. E.g. when last year the pre-registration for the Merchant program was initiated, quite a few merchants got a 100 LEOcoin reward. Now, I am not stating, this would necessarily have been premined LEOcoin, as it could have been regularly GPU mined LEOcoins as well, but just having LEOcoin from the premine in your possession, is no proof for the premine selling you are referring too. Again, do us all a service and show facts and proof with regard to you accusations, or refrain from comment.

Jihaaa
we are getting into deep waters slowly hahaha
Your retorics have changed drasticly, I see that I have started to press the right buttons.
I know some things were bought or better say exchanged for leocoins - this things are now in possesion of Dan and co. Than this leocoins changed owners, and I am not talking about 100 coins but couple of million coins.
1+1= 2 , and that is excactly why leocoin is not on coinmarket cap ! Becouse of huge amount of premine was allready sold/exchanged for cash and things.

You and Dan can provide evidence where the premine is but I think that is not in your best interest haha.
Simple mat is appr. 30.000 so called merchants x 100 coins = 3.000.000 coins
And you, Leocoin Fundation said the fundation have 10.000.000 coins, where are 30 - 40 mio coins at ?
What will you use your 10 mio for ?
hero member
Activity: 560
Merit: 500

Not fear, its a fact ! I am also in possession of quite a few premined coins ! YES premine has been selling and still is !


First, if you will not refrain from personal attacks, I shall not answer; you are of course free to dislike my style of writing; but if so, you simply have to live with it.

Second, if you are in the possession of premined LEOcoin, please disclose more about this process here on the board; we will all be curious in this regard. If you have been purchasing LEOcoins from LEO Ltd., please show us proof, like bank transfers, etc.

Third, just having some premined LEOcoins as such, does not proof anything, except, that LEO Ltd. has used them for promotion purposes. E.g. when last year the pre-registration for the Merchant program was initiated, quite a few merchants got a 100 LEOcoin reward. Now, I am not stating, this would necessarily have been premined LEOcoin, as it could have been regularly GPU mined LEOcoins as well, but just having LEOcoin from the premine in your possession, is no proof for the premine selling you are referring too. Again, do us all a service and show facts and proof with regard to you accusations, or refrain from comment.
legendary
Activity: 966
Merit: 1001
Heheheheeheh
Way to go Dan, i`m here just to read everything that is written nothing else.
This thread is getting interesting every day Smiley

sr. member
Activity: 288
Merit: 250
@Leocoin Foundation

In further comunication please try to reply to questions/comments directly... In two sentences. No need to write essays, it is a waist of our and your time, I see what you are trying to achive with that kind of posts, make this debate go off course... But as I see it you are just sinking deeper and deeper.
Telling the truth will set you free, remember this  Grin

sr. member
Activity: 288
Merit: 250
@all

re.: facts, truth, relevance


I cannot speak for the LEOcoin creators, yet from their earliest statements on it has been clear, that LEOcoin is regarded and intended as a digital currency for entrepreneurs. This did probably not mean that the mining community was not welcome or included, but it was also not a 'nerd' coin, with no relevance for 'outsiders'. From the start, LEOcoin has been promoted to a group of supporters that normally had nothing to do with digital currencies or cryptomining, yet, now is more familiar with the topic and eager to be part of any ongoing development.

Nerd coin ? hahaha
It would be better if you havent introduced it to the public, becouse than you ( Dan and co ) could ,,achive,, your goals much faster and easier, becouse entrepreneurs wouldnt have the accses to all of the info they have now and you could sell them stories how leocoin is allready better than bitcoin bla bla bla

With regard to the listing on coinmarketcap.com, I have no official statement that I can quote, but what I have heard, there was no consensus with regard to how to evaluate the 50 million premined LEOcoins. And as coinmarketcap.com can control who can and will be listed, there are limits to what one can achieve. Whoever has more information in this regard, is free to share it.

It is very easy to get to coinmarketcap, that is why I find it strange leocoin cant get on ?? All, even some scam coins are on and leocoin is not ! But we all know why is that, becouse Dan and co are not willing to say what happend to premine !


To me, it seems that the crypto world is apparently so familiar with new cryptocurrencies being used to let the developers benefit and not the community of participants, miners and owners, that another option is regarded as unlikely. Then it also comes as a great "help", when the LEOcoin is initiated by people who use direct selling as a distribution strategy. Even when that as such has nothing to do with LEOcoin. Also when I look on this forum, I cannot fail to notice an extreme biased tendency against direct selling or a commercial company or group of entrepreneurs backing up a digital currency.

With regard to facts and truth, being "point blank, dead", I have to add, that logically seen the statement (1):

"There is 50mio premine and only arround 20mio mined coins, and if it goes to POS with appr. 20% per year that means 10 mio for Dan and co, only 4 mio for other ,,fools,, . "

is true, if and only if one of the premises actually is true.  As there is a 50 mio premine and only around 20mio mined coins, the statement is true. Yet it is not entirely factual, as the second part of the statement that speaks about "10 mio for Dan and co, only 4 mio for other ,,fools,,', is not correct, but misleading an factually wrong, and also the conclusion does not inevitably follow from the first assumption.

Take following statement A: "Phil Taylor just beated the Machine in darts and LEOcoin is at 100£". This means "A" is true when one of the statements containing propositional content is factually the case. As Taylor indeed just won from James Wade in the premier league darts this evening, statement "A" is true. It is true that Phil Taylor just beated the Machine in darts and LEOcoin is at 100£.

Most readers will understand that something is not right here, and so it is with many accusations. I realize - and I am not perfect in that either - that stating things factually and logically adequate is hard to do. Yet, statement (1) is true, but only because it is a joined statement of two separate parts. As the second part on itself is not factual, it is imo no fact, and certainly not "point, blank, dead".

However, much of the complaints, critique and questions here on the forum are not without merit. We read and notice them and this forum is also having the attention of other people involved with LEOcoin, the LEOcoin Foundation, the LEOcoin development team and so on. There is a certain amount of questions I can answer, but quite a number of remarks, doubts and accusations are referring to actions and utterances that I cannot always verify and are made by third parties or their representatives, on which I simply cannot comment, unless I ask for their views. With regard to Mr. Dan Anderson, I have requested for an interview in which a good number of things that have been brought forward on this forum is being dealt with and I intend to share this information here, with you, asap.

Furthermore, some statements, like price targets that were allegedly made by x and y, may or may not be true, but indeed, LEOcoin has been traded for 90 pence and 11 pence, so as a consequence the according market cap was different too. When we take back-office prices into account, the actual value of LEOcoin has been much higher in the past. If this was no.2 or no.4 of the world, is not irrelevant, but on the other hand, it was not no.501 either. The fact that a currency is not publicly tradable for a while, does not render the prices in a closed environment worthless. Nor does being listed on a particular website change the factual value of the number of LEOcoins multiplied by the current price on an exchange. As such, the list on the LEOxChange website, does state the market capital. On urging of the LEOcoin community, this list has been expanded with Ripple and ETH too, but this all takes time and there is simply much to be done, still.


Let's hope we get more information next week.



You sound like a politician, you are trying to wrap shit into a wraping paper and make it look good... But in my opinion you are doing all wrong, you ( Leo, Dan and co ) look like a bunch of amateurs trying to pull off a heist.
sr. member
Activity: 288
Merit: 250
From my point of view what is going on is Dan and his close circut are trying to keep leocoin alive, so they can sell their 50+ mio coins. With as little invesment of time and money as possible.

Your underlying premise is your fear that LEO Ltd. will sell the premine. It is a premise I do hold to be wrong, on several grounds. In my view the premine issue is simply used over and over again to discredit LEOcoin. It is an unproven assumption. Some will be disclosed in the interview.

Not fear, its a fact ! I am also in possesion of quite a few premined coins ! YES premine has been selling and still is !

For your "Why does Dan , your "They (Dan and co )", your "statments made by Dan" and  your "Dan and his close circut" you better contact Dan Anderson personally, as I cannot account for third party and other persons motivations and behaviour. Some will be disclosed in the interview.

With regard to BTC and LEOcoin, I do not think this is bullshit, but perhaps a somewhat positive a long term goal. It may be unrealistic, but when someone in 2009 bought two pizza for 9000 BTC, one day hitting 1200$ was even more ridiculous, yet it happened. I am not stating, LEOcoin will hit this or that price, but I know capable people are supporting LEOcoin and I cannot avoid to feel encouraged by this.

It is bullshit ! Bitcoin at the time was a new technology, it was an invetion with usability and that is why it gained so much. LEOcoin is a bad copy, no added value !


Again, comments in red...
hero member
Activity: 560
Merit: 500
@all

re.: facts, truth, relevance

Indeed, the discussion between developers and users of the Github page is not taking place. I do not know why this is so, or if this is of such importance. E.g. I completely fail to see why there "must be a platform/mailing list/forum where the discussions between Developpers and Users takes place", because LEOcoin would be open source. What I hold for relevant, is that LEOcoin was available to the public for mining without restraints and that one can buy and sell LEOcoins 24/7 and that action is taken when unwanted parties influence the development of LEOcoin with a praxis that is harmful to the LEOcoin owners and the LEOcoin community.

I cannot speak for the LEOcoin creators, yet from their earliest statements on it has been clear, that LEOcoin is regarded and intended as a digital currency for entrepreneurs. This did probably not mean that the mining community was not welcome or included, but it was also not a 'nerd' coin, with no relevance for 'outsiders'. From the start, LEOcoin has been promoted to a group of supporters that normally had nothing to do with digital currencies or cryptomining, yet, now is more familiar with the topic and eager to be part of any ongoing development.

With regard to the listing on coinmarketcap.com, I have no official statement that I can quote, but what I have heard, there was no consensus with regard to how to evaluate the 50 million premined LEOcoins. And as coinmarketcap.com can control who can and will be listed, there are limits to what one can achieve. Whoever has more information in this regard, is free to share it.

To me, it seems that the crypto world is apparently so familiar with new cryptocurrencies being used to let the developers benefit and not the community of participants, miners and owners, that another option is regarded as unlikely. Then it also comes as a great "help", when the LEOcoin is initiated by people who use direct selling as a distribution strategy. Even when that as such has nothing to do with LEOcoin. Also when I look on this forum, I cannot fail to notice an extreme biased tendency against direct selling or a commercial company or group of entrepreneurs backing up a digital currency.

With regard to facts and truth, being "point blank, dead", I have to add, that logically seen the statement (1):

"There is 50mio premine and only arround 20mio mined coins, and if it goes to POS with appr. 20% per year that means 10 mio for Dan and co, only 4 mio for other ,,fools,, . "

is true, if and only if one of the premises actually is true.  As there is a 50 mio premine and only around 20mio mined coins, the statement is true. Yet it is not entirely factual, as the second part of the statement that speaks about "10 mio for Dan and co, only 4 mio for other ,,fools,,', is not correct, but misleading an factually wrong, and also the conclusion does not inevitably follow from the first assumption.

Take following statement A: "Phil Taylor just beated the Machine in darts and LEOcoin is at 100£". This means "A" is true when one of the statements containing propositional content is factually the case. As Taylor indeed just won from James Wade in the premier league darts this evening, statement "A" is true. It is true that Phil Taylor just beated the Machine in darts and LEOcoin is at 100£.

Most readers will understand that something is not right here, and so it is with many accusations. I realize - and I am not perfect in that either - that stating things factually and logically adequate is hard to do. Yet, statement (1) is true, but only because it is a joined statement of two separate parts. As the second part on itself is not factual, it is imo no fact, and certainly not "point, blank, dead".

However, much of the complaints, critique and questions here on the forum are not without merit. We read and notice them and this forum is also having the attention of other people involved with LEOcoin, the LEOcoin Foundation, the LEOcoin development team and so on. There is a certain amount of questions I can answer, but quite a number of remarks, doubts and accusations are referring to actions and utterances that I cannot always verify and are made by third parties or their representatives, on which I simply cannot comment, unless I ask for their views. With regard to Mr. Dan Anderson, I have requested for an interview in which a good number of things that have been brought forward on this forum is being dealt with and I intend to share this information here, with you, asap.

Furthermore, some statements, like price targets that were allegedly made by x and y, may or may not be true, but indeed, LEOcoin has been traded for 90 pence and 11 pence, so as a consequence the according market cap was different too. When we take back-office prices into account, the actual value of LEOcoin has been much higher in the past. If this was no.2 or no.4 of the world, is not irrelevant, but on the other hand, it was not no.501 either. The fact that a currency is not publicly tradable for a while, does not render the prices in a closed environment worthless. Nor does being listed on a particular website change the factual value of the number of LEOcoins multiplied by the current price on an exchange. As such, the list on the LEOxChange website, does state the market capital. On urging of the LEOcoin community, this list has been expanded with Ripple and ETH too, but this all takes time and there is simply much to be done, still.

Let's hope we get more information next week.

sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
@Leocoin Foundation

Excellent post. Thank you.

Question:

LEOcoin is not a property of one person, or a small group

Yes, it is open source.

So there must be a platform/mailing list/forum where the discussions between Developpers and Users takes place.

On github, the "forum" part is disabled.

And there is no link at all at leocoin.org website.

So where is that ?



This is true!!!!!
full member
Activity: 149
Merit: 100
@Leocoin Foundation

Excellent post. Thank you.

Question:

LEOcoin is not a property of one person, or a small group

Yes, it is open source.

So there must be a platform/mailing list/forum where the discussions between Developpers and Users takes place.

On github, the "forum" part is disabled.

And there is no link at all at leocoin.org website.

So where is that ?
full member
Activity: 157
Merit: 100
full member
Activity: 157
Merit: 100
I also do not get why leocoin price should go UP ?
I have couple of things that worry me :

1.There is 50mio premine and only arround 20mio mined coins, and if it goes to POS with appr. 20% per year that means 10 mio for Dan and co, only 4 mio for other ,,fools,, .

2. Dan and co cant get LEOcoin to coinmarket for almost a year now ??

3. A lot of BIG announcments like leo will be bigger than bitcoin, it will be for sure right behind litecoin or even bitcoin, whait till we open chinese market the price will go crazy, now it is wait untill we open usa market, before that it was brazil etc.

4. ZERO products, only bad copies of allready existing products, leocrowd = kickstarter, leotrawel = booking, and many other projects that were announced or talked about - and NOT one is working, all just announced i guess to create a hype and then left, like merchant programme - that is a joke, 100.000 members buying online with leocoin hahaha

5. 24h volume is in avarage arround 5.000 - 15.000 coins, that is 500 - 1500 pounds ?

6. Dan and Atif are web-known pyramide scammers, you have qiute a few articles online so why would people trust that kind of team ?

7. Leocoin has nothing to offer in compare to other cryptocurrencies, it is not the fastest, it has no products behind, no state of the art technology - It looks like the rest of LEo products announced, just a bad cheap copy of something.. in this case of bitcoin or lite coin or any other coin out there


Thats all facts... point, blank, dead....
full member
Activity: 157
Merit: 100
@all

re.: stability in Eurozone

!!This is my private opinion!!

Last summer I told some friends to sell their Euros and go into Swiss Franc. Those who did are happy now. I also expected the EU/USD to be on par in the summer of 2016. We will see, about that.

What does play a role in CC-land, is how FIAT will develop. Due to a few referendums in the EU (in NL for Ukraine treaty, in UK for EU-membership) there could quickly happen things that change the rules of the game. The Euro is under pressure, the USA has the biggest debt in the world and China is having troubles with their financial stability too. Not to speak about Russia and the oil-prices, EU fugitive crisis, Italian and Greek economic decline, terror threats, open borders etc.

So from the point of politics and economics, the financial and monetary markets could get more volatile, or not. In any case, having stable, working digital currencies is not a bad alternative, as they serve no states or banks or ideologies. Just in case, I would advise anyone who shares some concern regarding the above stated issues, to build up a partial position in the digital currency of your choise, or otherwise in gold or precious metals. Something that will serve you well on a long position.

!!This is my private opinion!!

hahahahaha well...thats the same thing you can read on DollarVigilante....hahahahah...oh well...anyone else Shemitah Exposed on you tube? take a look, follow the links...hahahahah..Jeff Berwick anyone?  Roll Eyes Grin but your right on this topic.....the only thing here you said that makes any sense and its backed by facts...Bravo!
hero member
Activity: 560
Merit: 500
From my point of view what is going on is Dan and his close circut are trying to keep leocoin alive, so they can sell their 50+ mio coins. With as little invesment of time and money as possible.

Your underlying premise is your fear that LEO Ltd. will sell the premine. It is a premise I do hold to be wrong, on several grounds. In my view the premine issue is simply used over and over again to discredit LEOcoin. It is an unproven assumption. Some will be disclosed in the interview.

For your "Why does Dan , your "They (Dan and co )", your "statments made by Dan" and  your "Dan and his close circut" you better contact Dan Anderson personally, as I cannot account for third party and other persons motivations and behaviour. Some will be disclosed in the interview.

With regard to BTC and LEOcoin, I do not think this is bullshit, but perhaps a somewhat positive a long term goal. It may be unrealistic, but when someone in 2009 bought two pizza for 9000 BTC, one day hitting 1200$ was even more ridiculous, yet it happened. I am not stating, LEOcoin will hit this or that price, but I know capable people are supporting LEOcoin and I cannot avoid to feel encouraged by this.

sr. member
Activity: 288
Merit: 250
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
Another good post leocoin foundation! 👍🏼
hero member
Activity: 560
Merit: 500
@danandanderson

Nice name, lol ...

If prices go up or down is a matter of demand and supply. The premine issue and other things will be addressed in the interview. If this will be sufficient an answer or to take away worries, I cannot say, but at least it will be something tangible.

Much is stated in the web and on forums, but also much is not known or deliberately left out or represented in another way. You also make assumptions that - as far as I can check - are based on false premises. Yet, I do not say you do this on purpose, not at all, but you still make assertions and people will read them and you saw a seed that will find fertile ground or not. As stated before, LEOcoin Foundation does not comment on third parties, their past, their alleged past, their assessments with regard to markets etc. For this reason, I have asked Dan Anderson for the interview.

I also see that promises were made, but we all know, that a plan or a goal is one thing, to get there is the difficult part. Also the future cannot be seen in advance, things can happen, like botnet viruses, DDOS attacks and so on. In fact, I can not find that many official announcements that repeat the claims that - allegedly - were made. As a matter of fact, I have the impression that many members of LEO are speaking on behalf of persons that they perhaps like, admire or support, but then, they are no official spokesmen or representatives themselves. To take their assessments for official statements would be a bit risky. I for my part, go with what can be traced back to the ones in charge, and at the same time, take into account that as with any endeavour, most obstacles you do not see coming.

When LEOcoin started, there was a huge enthusiasm, which is both understandable as necessary. If you intend to spend a lot of time, money and effort into a project - like the creation of a digital currency like LEOcoin - you have dreams, expectations and hopes. And as someone or as a company that wants to change things, you must have bold dreams. Yet, sometimes reality has its own laws and way of doing things. I suppose when you are on the receiving end you will have a different view as when you did your best and nevertheless to not much avail. And as in any business, to achieve your goals is tough and aspiring to surpass Bitcoin is a big goal and with certainty not a goal that will be easy to achieve.

As stated earlier today, many readers are very much focussed on prices, profits, getting rich. Which is all good in its own way. But the other side is, that similar mechanisms might also be the cause that developments go differently or simply need more time. And with regard of LEOcoin not being unique in many details, you probably are right, the point is, that this perhaps was not intended from the start, so who is there to blame? On the other hand, we speak about a project that now runs for not even two years and also LEO Ltd. is not that much older.

From your comments, I guess that you have access to information that others may not have. I do for my part not know yet how LEOcoin creation under a sole POS mechanism will function and your calculation regarding 20% and the distribution you suggest may proof to be false. As such, it is just an opinion, not knowledge. You are entitled to assert such claims, just as others speak about LEOcoin prices of 100 GBP. Yet, we all face the task to filter out dreams, wishes and rubbish from facts. And even when the LEOcoin Foundation, on principle, is bullish with regard to LEOcoin, we still value facts over dreams and will temper exaggerations just as we will rebuke allegations that are obviously erroneous.

Please help LEOcoin by sticking to facts that are traceable and verifiable. And do not forget, that no one is owning LEOcoin, except those who have them in their wallets. LEOcoin is not a property of one person, or a small group. Yet, as with all other digital currencies, it had a start with a group, and as with other digital currencies, they will stay involved in this or that way. if this means, that you have no confidence, then you must make up your mind. Meanwhile, the LEOcoin Foundation will go on with sharing information, attempt to answer questions and to shed light on developments and plans.
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