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Topic: ANN - LEOcoin - Official LEOcoin thread (moderated by LEOcoin Foundation) - page 7. (Read 90467 times)

hero member
Activity: 560
Merit: 500
greetings! can I ask why suddenly this project was considered unprofitable?

The LEOcoin project is alive and profitable; LEOcoin staking in your wallet is bringing in profits: 20% when over 50,000 LEOcoin, 15% when over 5,000 LEOcoins and 10% when over 1,000 LEOcoins.
newbie
Activity: 84
Merit: 0
greetings! can I ask why suddenly this project was considered unprofitable?
hero member
Activity: 560
Merit: 500
V1.0.4 of LEO Elite+ wallet is now live on Google Play. Next to English, this new wallet version offers full translations for Russian, Chinese and French.

Currently the LEO Elite+ wallet can be downloaded and installed from Google Play on this address:
https://play.google.com/store/apps/details?id=org.leocoin.leopay

A version for iOS is following soon. All other wallet versions can be found at our LEOcoin website: https://www.leocoin.org/
hero member
Activity: 560
Merit: 500
What do you mean nonprofitable?

To what assertion are you referring?
newbie
Activity: 19
Merit: 0
What do you mean nonprofitable?
hero member
Activity: 560
Merit: 500
WHERE "public mining"??
Info?

LEOcoin cannot be mined any longer: after two years of hybrid work/stake, we moved to a sole POS mechanism in the summer of 2016.
newbie
Activity: 89
Merit: 0
WHERE "public mining"??
Info?
hero member
Activity: 560
Merit: 500
Why are you guys not adding this to Bittrex or Polo? you should add this Coin to atleast one of them and i am sure price will like $10 to $100 in few days

As many on the crypto-markets regard LEOcoin as a sock-puppet of an MLM organisation, and such participants and exchange operators are biased against companies that use direct selling as their distribution model for their goods and services, we, as LEOcoin Foundation and development team seen no reason to pay hilarious amounts to get listed on large exchanges. Thus, we opt for natural growth and when sufficient trade volume is present, then will push forward to get listed on high-volume exchanges. As any Foundation, we can only once spend our money and as LEOcoin is set out to last on the long term, we will invest more once the pay-back reward/return increases.
hero member
Activity: 560
Merit: 500
Why are you guys not adding this to Bittrex or Polo? you should add this Coin to atleast one of them and i am sure price will like $10 to $100 in few days

Lol! Be realistic! LEO company play a huge part of the LEOcoin price. I think they dump some coins and push price down. Holders then follow and start panic sell.. and then smart (may be LEO, or LEO partner or no matter who) buy from these emotional sellers with some discount price..

I cannot officially speak on behalf of LEO corporate, but as far as I know, they are excluded from professional trading by their legal status. With regard to the LEOcoin Foundation, I can say, that we neither do engage in professional trading. So seen, the market is made by the normal market participants and based on their judgement with regard to price and value. Your assertion about LEO company dumping thus seems wrong. Yet, if you have proof or evidence I am sure we will all be pleased to have you share this with us.
full member
Activity: 144
Merit: 100
Why are you guys not adding this to Bittrex or Polo? you should add this Coin to atleast one of them and i am sure price will like $10 to $100 in few days

Lol! Be realistic! LEO company play a huge part of the LEOcoin price. I think they dump some coins and push price down. Holders then follow and start panic sell.. and then smart (may be LEO, or LEO partner or no matter who) buy from these emotional sellers with some discount price..
newbie
Activity: 3
Merit: 0
Why are you guys not adding this to Bittrex or Polo? you should add this Coin to atleast one of them and i am sure price will like $10 to $100 in few days
newbie
Activity: 49
Merit: 0
What about promotional system? How will it be rewarded?

What do you mean?
I mean this:
"Actions by the LEOcoin Foundation on behalf of LEOcoin
-   Promote LEOcoin with PR, news-updates and videos:
o   in social media
o   with technological policy makers
o   amongst entrepreneurs all over the world
-   Represent LEOcoin in the cryptocurrency world by:
o   joining forums to inform about LEOcoin and to answer questions
o   getting listed on websites that show digital currencies by market capital
o   support mining pools and miners
o   teaming up with leading cryptocurrency exchanges
-   Support projects that endorse the distribution and use of LEOcoin, like:
o   ATM machines
o   API for web developers
o   Online payment systems
o   Merchant promotion (for merchants see: http://leocoinmerchants.com/)
o   LEOcoin Wallets
"
What the rewards for actions?

The LEOcoin Foundation is a not for profit company. We do not give rewards or bonus. In fact, for our income, we depend on gifts and of course, receive stake interest on our LEOcoin stock. We use gifts, our capital and income to pursue our goals and directives.
So all these actions just for your support and for free. I see, thanks
hero member
Activity: 560
Merit: 500
What about promotional system? How will it be rewarded?

What do you mean?
I mean this:
"Actions by the LEOcoin Foundation on behalf of LEOcoin
-   Promote LEOcoin with PR, news-updates and videos:
o   in social media
o   with technological policy makers
o   amongst entrepreneurs all over the world
-   Represent LEOcoin in the cryptocurrency world by:
o   joining forums to inform about LEOcoin and to answer questions
o   getting listed on websites that show digital currencies by market capital
o   support mining pools and miners
o   teaming up with leading cryptocurrency exchanges
-   Support projects that endorse the distribution and use of LEOcoin, like:
o   ATM machines
o   API for web developers
o   Online payment systems
o   Merchant promotion (for merchants see: http://leocoinmerchants.com/)
o   LEOcoin Wallets
"
What the rewards for actions?

The LEOcoin Foundation is a not for profit company. We do not give rewards or bonus. In fact, for our income, we depend on gifts and of course, receive stake interest on our LEOcoin stock. We use gifts, our capital and income to pursue our goals and directives.
newbie
Activity: 49
Merit: 0
What about promotional system? How will it be rewarded?

What do you mean?
I mean this:
"Actions by the LEOcoin Foundation on behalf of LEOcoin
-   Promote LEOcoin with PR, news-updates and videos:
o   in social media
o   with technological policy makers
o   amongst entrepreneurs all over the world
-   Represent LEOcoin in the cryptocurrency world by:
o   joining forums to inform about LEOcoin and to answer questions
o   getting listed on websites that show digital currencies by market capital
o   support mining pools and miners
o   teaming up with leading cryptocurrency exchanges
-   Support projects that endorse the distribution and use of LEOcoin, like:
o   ATM machines
o   API for web developers
o   Online payment systems
o   Merchant promotion (for merchants see: http://leocoinmerchants.com/)
o   LEOcoin Wallets
"
What the rewards for actions?
hero member
Activity: 560
Merit: 500
What about promotional system? How will it be rewarded?

What do you mean?
newbie
Activity: 49
Merit: 0
What about promotional system? How will it be rewarded?
hero member
Activity: 560
Merit: 500
Dear Sir:

I have a question:

What is the relation between the LeoCoin Foundation and the Digital Currency Foundation ?

Do you co-operate ?

Thank you !
Peter

Still waiting for a statement from the 'boss' ...
full member
Activity: 504
Merit: 102
How To Invest In A Cryptocurrency Initial Coin Offering And Stay Safe

A wave of media publicity and debate has been generated in recent weeks concerning the safety of investing in cryptocurrencies with one of the most popular strategies that investors are turning to being Initial Coin Offerings (ICO).

ICO sales are a means of raising capital by offering shares in a newly launched cryptocurrency in exchange for cash or other digital currencies such as Bitcoin, LEOcoin or Ethereum. After a sale the consumer shares in the subsequent risks or rewards associated with their level of commitment.

http://www.huffingtonpost.co.uk/entry/how-to-invest-in-a-cryptocurrency-initial-coin-offering-and-stay-safe_uk_5a300245e4b012875c465ec6
newbie
Activity: 30
Merit: 0
Dear Sir:

I have a question:

What is the relation between the LeoCoin Foundation and the Digital Currency Foundation ?

Do you co-operate ?

Thank you !
Peter
hero member
Activity: 560
Merit: 500
How much LEOcoin holders have at least 100, 1000, 10K, 100K coins?

We can only see addresses and do not know which holder has what addresses. I have no recent statistics on LEOcoin distribution, but I guess that most people will have less than 1000 coins and only a limited group of 100 people more than 50K or higher. But, again, this is not based on actual chain data. I will check with a collegue and come back in case we have more details.

So, you're around since 2014 and you still don't have a working block explorer with a proper richlist accessible.

Even the most basic shitcoins have these.



Well, I guess this could mean, that we are not a shit coin. lol

This said, we used to have an accessible rich list (http://blockchain.leocoin.org/richlist) on our former blockchain before the migration, so I will ask our dev-team in this regard.


nope.

it just means that you are worse than a shitcoin.

Top 25 wallets hold 50% of Leocoin.

Oh dear.....





I guess you will be curious about my reply: so here it comes: READ what I have written, before you come up with your statement... We have currently no actual rich list and the situation you are referring too, is long past. For this reason, I used phrasings like 'used to have' and 'former blockchain'. We moved to a new and improved chain last summer in the migration process.

This said, relatively few wallets will still hold big amounts of LEOcoin, for the same reasons it was like this in the past. The larger accounts are that of the LEOcoin Foundation itself, followed by LEO corporate (cold storage) back-office holdings, where members keep their coins and again followed by deposits on exchanges and a number of larger LEOcoin holders.

With regard to your opinion that LEOcoin is a shitcoin; you are entitled to have this view, whether it is true, is another question.
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