Leaf Coin On Coinmarketcap . . . Am i late 
? 
Topic: [ANN][LEAF] LEAFCOIN - Android wallet launched - page 134. (Read 352734 times)
Leaf Coin On Coinmarketcap . . . Am i late ?
Almost every alt coin is going down lately. Do not sell now, because the trend will change soon.
My honest opinion is that its either a long term view, or cut your losses scenario. Services and actual reason to exist will be key, which is where I believe the devs are going with it. Also, people are suffering from a bit of apathy given the high difficulty it is now stuck on thanks to the multipools. Hopefully introduction of kimoto will keep them at bay and allow the coin to grow, or decline, naturally without the added complication of dealing with the destruction the multipools cause.
There were a lot of people buying in up to the 20's and I believe that if the coin develops a purpose, and some further interest, if kimoto keeps the locusts away and the block halving comes around again, then the price may slowly rise - though there is an awful lot of mined leaf out there, if we take an average of 100BTC volume traded per day, with a value of 20 satoshi (to be conservative), then there are 500M leaf per day being traded.
Up to the block halving there were 7,500M leaf mined. so its going to take at least 15 days of trading that volume to work through the premined coins, and thats if every single trade involved mined coins only. I would say maybe even 45 days before a good chunk of mined coins have been traded, maybe even longer.
There will be a lot of miners sat on several million just waiting to sell out, I would wait and see what happens upon the second or even third block halving before making any rushed decisions.
There were a lot of people buying in up to the 20's and I believe that if the coin develops a purpose, and some further interest, if kimoto keeps the locusts away and the block halving comes around again, then the price may slowly rise - though there is an awful lot of mined leaf out there, if we take an average of 100BTC volume traded per day, with a value of 20 satoshi (to be conservative), then there are 500M leaf per day being traded.
Up to the block halving there were 7,500M leaf mined. so its going to take at least 15 days of trading that volume to work through the premined coins, and thats if every single trade involved mined coins only. I would say maybe even 45 days before a good chunk of mined coins have been traded, maybe even longer.
There will be a lot of miners sat on several million just waiting to sell out, I would wait and see what happens upon the second or even third block halving before making any rushed decisions.
So, where does everybody see this coin going? I'm one of those who bought in at 20+, and a fair amount also. Thought things would happen after block halving, but it did not.
Should i stay or should ive sold?
Should i stay or should ive sold?
next dificulty 29 in 169 blocks realy? 
14 sat. in 6 h. 
Someones got a buy order in....
14 sat. in 6 h.
Blah blah
If you didn't update before the fork, you are now on the wrong chain, so you need to go into your appdata folder and delete everything APART from wallet.dat. Then re sync to the network
Thank you Aaron, had no idea it forked. Ditched the folder, relaunched, syncing quick. Appreciate it very much.
Not a problem, as long as you kept wallet.dat, nothing will be lost (unless you were solo mining, which is unlikely)
Please keep an eye on this thread as a new update is due shortly.
Blah blah
If you didn't update before the fork, you are now on the wrong chain, so you need to go into your appdata folder and delete everything APART from wallet.dat. Then re sync to the network
Thank you Aaron, had no idea it forked. Ditched the folder, relaunched, syncing quick. Appreciate it very much.
Whats going on with wallet nodes? I opened up today and its sitting at block 15093, with a warning up top saying I need to upgrade / nodes need to upgrade.
I downloaded latest wallet from front page, set a conf file up using all the nodes I can find here in the thread, my wallet shows 6 active connections at the moment, but still sitting at block 15093, 46 hours behind.
addnode=5.199.149.228:22812
addnode=5.135.161.122:22813
addnode=5.199.149.228:22813
addnode=46.4.95.176:22813
addnode=185.9.159.118:22813
addnode=195.154.178.118:22813
addnode=5.135.181.165:22813
addnode=162.243.193.232:22813
addnode=115.28.145.238:22813
Nodes I'm currently using, shouldn't be a problem with active connections. Any good nodes I missed? If all is lost for me then I'll just get a new wallet on my laptop and see if that updates.
I downloaded latest wallet from front page, set a conf file up using all the nodes I can find here in the thread, my wallet shows 6 active connections at the moment, but still sitting at block 15093, 46 hours behind.
addnode=5.199.149.228:22812
addnode=5.135.161.122:22813
addnode=5.199.149.228:22813
addnode=46.4.95.176:22813
addnode=185.9.159.118:22813
addnode=195.154.178.118:22813
addnode=5.135.181.165:22813
addnode=162.243.193.232:22813
addnode=115.28.145.238:22813
Nodes I'm currently using, shouldn't be a problem with active connections. Any good nodes I missed? If all is lost for me then I'll just get a new wallet on my laptop and see if that updates.
If you didn't update before the fork, you are now on the wrong chain, so you need to go into your appdata folder and delete everything APART from wallet.dat. Then re sync to the network
Whats going on with wallet nodes? I opened up today and its sitting at block 15093, with a warning up top saying I need to upgrade / nodes need to upgrade.
I downloaded latest wallet from front page, set a conf file up using all the nodes I can find here in the thread, my wallet shows 6 active connections at the moment, but still sitting at block 15093, 46 hours behind.
addnode=5.199.149.228:22812
addnode=5.135.161.122:22813
addnode=5.199.149.228:22813
addnode=46.4.95.176:22813
addnode=185.9.159.118:22813
addnode=195.154.178.118:22813
addnode=5.135.181.165:22813
addnode=162.243.193.232:22813
addnode=115.28.145.238:22813
Nodes I'm currently using, shouldn't be a problem with active connections. Any good nodes I missed? If all is lost for me then I'll just get a new wallet on my laptop and see if that updates.
I downloaded latest wallet from front page, set a conf file up using all the nodes I can find here in the thread, my wallet shows 6 active connections at the moment, but still sitting at block 15093, 46 hours behind.
addnode=5.199.149.228:22812
addnode=5.135.161.122:22813
addnode=5.199.149.228:22813
addnode=46.4.95.176:22813
addnode=185.9.159.118:22813
addnode=195.154.178.118:22813
addnode=5.135.181.165:22813
addnode=162.243.193.232:22813
addnode=115.28.145.238:22813
Nodes I'm currently using, shouldn't be a problem with active connections. Any good nodes I missed? If all is lost for me then I'll just get a new wallet on my laptop and see if that updates.
Look at VertCoin. They changed wallet (hardfork) -------> pump to x4.
we need an wallet update with a shorter diff adjustment time!!
I'm back mining when this is fixed,
this coin is great, but being exploited too much atm
I'm back mining when this is fixed,
this coin is great, but being exploited too much atm
wait for the updates... we will announce it everywhere we can.
we need an wallet update with a shorter diff adjustment time!!
I'm back mining when this is fixed,
this coin is great, but being exploited too much atm
I'm back mining when this is fixed,
this coin is great, but being exploited too much atm
I haven't got leafcoin:(
fReLryYsFxsGGq2FoWwXGujdYfTaUPRLSa
fReLryYsFxsGGq2FoWwXGujdYfTaUPRLSa
Thank you for the tutorial
nah it isnt... hardly.
we have a fix ready.
just needs testing.
dont wanna launch something bad and destroy a coin that has much potential.
so we double check everything.
we have been smooth in updates and we would like to stay that way.
we have a fix ready.
just needs testing.
dont wanna launch something bad and destroy a coin that has much potential.
so we double check everything.
we have been smooth in updates and we would like to stay that way.
It is very good! I saw several coins died because of bad updates! Good testing and only then -----> release
Its multipools and their incessant raping of all alt coins.
When the difficulty drops to 40, then it is a hugely profitable coin to mine. So the multipools jump on, the hash rate goes very high, and blocks are found very quickly, with the bulk of the coins going to the pools. They keep mining all the way through the 40 difficulty which takes no time given the hash rate. Once it changes and goes to difficulty of 130/140, the pools dissapear as they cant find coins as quickly.
They can then dump a load of coins on the exchange, killing the value and leaving a high difficulty.
This the leaves everyone else behind on around 2MH/s working through the blocks - average time for a block goes to around 3 or 4 minutes because the multipools pushed up the difficulty. Then when it comes back down, they join again and blocks are found about every 30 seconds. Gravity well should be compulsory for all coins to kill off these morons.
When the difficulty drops to 40, then it is a hugely profitable coin to mine. So the multipools jump on, the hash rate goes very high, and blocks are found very quickly, with the bulk of the coins going to the pools. They keep mining all the way through the 40 difficulty which takes no time given the hash rate. Once it changes and goes to difficulty of 130/140, the pools dissapear as they cant find coins as quickly.
They can then dump a load of coins on the exchange, killing the value and leaving a high difficulty.
This the leaves everyone else behind on around 2MH/s working through the blocks - average time for a block goes to around 3 or 4 minutes because the multipools pushed up the difficulty. Then when it comes back down, they join again and blocks are found about every 30 seconds. Gravity well should be compulsory for all coins to kill off these morons.
+1
As soon as a coin becomes "profitable" by their calculations, they will switch, within a few minutes it will become less profitable due to the almost immediate difficulty increase. They will then switch somewhere else and the same will happen.
Once the majority of coins implement the gravity well or quick difficulty increases, the pools will spend more time switching than mining. Thats the theory anyway.
Once the majority of coins implement the gravity well or quick difficulty increases, the pools will spend more time switching than mining. Thats the theory anyway.
Lets hope.
As soon as a coin becomes "profitable" by their calculations, they will switch, within a few minutes it will become less profitable due to the almost immediate difficulty increase. They will then switch somewhere else and the same will happen.
Once the majority of coins implement the gravity well or quick difficulty increases, the pools will spend more time switching than mining. Thats the theory anyway.
Once the majority of coins implement the gravity well or quick difficulty increases, the pools will spend more time switching than mining. Thats the theory anyway.
Jump to: