Topic: LFTC Coin launch on 19 December 2014 - page 8. (Read 59539 times)

All the coins on this exchange are a lot of POS and pre-mined because the offer for miners is only 20,000,000 read the post it had an pre-mine of 15,000,000,000 and a bounty of 5,000,000,000 so I guess that leaves almost 10,000,000,000 as POS coins I guess that's why the POS difficulty is higher then the mining difficulty because a lot of people are holding these coins for POS .   I guess this guys is making some loans other wise there wouldn't be so many coins out there people are also trading these on different pairing not just BTC.  So He has to be making loans so eventually the people taking the loans have to buy back the float but then the POS will get the coin I think if he was going to make a coin like this then he should of skipped the POS coins but then I guess he is trying to help the people taking the loans out so they can not only payoff there loans but actually save money so they don't have to take loans again I guess that's his plan.

how do you get that exchange to translate into English otherwise I can't vote I can't read that language.

Maybe you can contact the new exchange：http://trade.jiuzhou168.info  E-mail:[email protected]

Here you can trade with BTC, also with RMB.

I'm just calling it as I see it.

Look at the c-cex exchange for LFTC, Norway has more palm trees than this coin has buyers.

The fake message from the Dubai guys pumped the price to 9 sat briefly before the dev exposed it and now it's back down to lots of sales offered at 1 sat and nothing is moving.

Even if it does pick up value, say to 10 or even 100 sats, the dev is openly planning to lend people LFTC from the pre-mine which they will then dump on the exchange to obtain USD to pay off their real world debts. That will decimate any value this coin attains every time it happens until the entire 15 Billion premine is consumed.

This coin is a poorly conceived and badly managed knock off of the already existing and highly professional BTC Jam. It has nothing original going for it, and I see no future in it at all.

Please do show me where I'm wrong, if I'm wrong, because if you can then I will think about buying back in, but as it stands right now I think the best thing to do is warn against anyone investing in this and try to see if I can help anyone who has lost out on it by including them in the plans I'm cooking up for my own future coin startup.

it is strange how a lot of people are still mining this coin yet we have a couple people talking the coin down  for some reason and now we are at over 80k blocks mined and only 249012 blocks are to be mined and the rest of the  blocks are POS blocks at 8% I've seen coins like this one being bought up by the low talkers so they can accumulate all the coins for cheap then bamm  they buy it up to 10 or 15 sat and sell and buy it back and forth making a goldmine manipulating people into selling low so the can run it up to 15-30 sat and sell it back down and rinse and reapeat and I see a couple guys in here trashing this coin and if truth be told there the ones buying in at 1 sat and selling it out at 4-9 sat after a pump then they dump it out and buy at 1 sat again and sell out at 4-9 sat again I've seen them do the same in other new coin forums so don't get tricked by them.

Oh yeh and the dev has become strangely silent all of a sudden.

Funny that.

No seriously the dev is from the netherlands, and this coin started to look a lot more interesting when the dev posted this email he claimed to receive from some guys in Dubai calling themselves the Dubai Crypto Group saying they would invest in the coin but only if the value increased above a 10 satoshi threshold. I googled "Dubai Crypto Group" and found this : http://www.localsearch.ae/en/profile/The-Crypto-Group-FZ-LLC/727380

To me it seemed like there was a chance for the coin and I offered to spend like a week setting up an exchange and I converted all my BTC to the coin trying to buy up as much of the excess coinage as I could. I figured if I got the deal with the exchange for 140m LFTC and the dubai guys were serious those coins could be worth more than 10 sats each quite soon and I'd have like 1.4 BTC worth of value for my efforts. Considering that when I freelance doing web development for companies I charge £150 a day = 0.74 BTC, I was only asking for like 2 days worth of payment for what I reckon would be about a week or mores worth of effort, and I was willing to accept payment in a coin which might not actually be worth anything at all.

Then the dev goes and says he has evidence the Dubai Crypto Group is bogus and the email came from an IP in amsterdam, and also that he has found someone else to do the work and I'm like FUCK IT, this coin is shit!

Without the dubai guys involved, the value is going nowhere, and even if it does the devs plan is to release the entire premine in the form of loans to people who will dump to the exchange and destroy any value the coin builds up on the promise of buying more coins later to repay their loans. It's not going to work, because when they dump their loans they will be able to buy back the LFTC for peanuts to repay and whatever value they attain is going to come directly from anyone who has bought into this coin with real money or BTC.

I sold all my coins off and I recommend anyone looking at this to steer clear of this trainwreck.

Or he's an insomniac and sleeps weird hours like me lol

Devs local time 15:23 which is uk time i thought he was from dubai

I stopped mining days ago, and who died and made you king to sit around telling people what to do?

One other question, other than pathetic attempts to upset and defame me, which have absolutely no effect on anything, do you actually have any thing to say which is worth the keystrokes or is idiotic playground level name calling all you got?

Sober yes I'm. But I'm Not a Liar. So stop mining this stupid coin and play somewhere else.
Or you help him to earn some money. It is better for you  than you can buy some drugs.

"This small your are"? ... where did you learn english the same school as Hossain??

Is everyone there as sober sexy as you?

YES I MAD

This small your are because you can't know that I'm part of the Troll Coin community
And where is the respect of the Mr. Troll.

 

why you give a fuck i do mine it or not or you just jealous that i made 50 mill sat and u did nothing but talking bs in this site ? 

>You show YouTube movie in Russia

WTF? Hey man, I'm the guy high on drugs and your supposed to be the sober smartarse and you think a british techno underground band which makes a music video starting outside of a typical British job centre is based in Russia?

~ LOL ~

http://oi40.tinypic.com/2qdtv2c.jpg

I'm not proposing to be the boss of anything, I'm just going to set some software up.

Whilst you might think your being smart attacking me, for just anyone else with a scrap of brain power it's obvious to see you have typical bag-holder denial symptoms. The coin you've bought into is dead and will not rise from the ashes and all you can do about it is try and attack the one person who gives a shit. As I said before, don't bother trying to contact me for a share of the premine you won't be included.

What you saving, You show YouTube movie in Russia,
You living in UK, Drug Addict, Have no money. And your the BIG Boss? (yes with big nose)

Haahaa

This thread is for LTFC numbnuts.

A bunch of people have contacted me already with regard to the concept. I have started working on it and have a name and domain name picked out. When I have secured that domain I'll go ahead and do a [ PRE ][ANN] about it and invite whoever wants to connect on a new thread.

What I can say is that the coin will have a coin cap at 30,000 units and the premine will be equal to the exact sumation of the number of recompensation LTFC needed divided by 1M, so if you have 10M LFTC in your wallet, you'll get 10 of my coin. Well not you personally, I'm not much a fan of you right now!

I don't need or want any premine for myself because I've already sold all my LTFC when I decided I no longer believe the dev has enough brains to take the right moves to make this coin work. The new coin will be SHA256 so I can run my miners with it, and I will also be deploying an MPOS based mining pool with a small mining fee and a wlox based exchange from day 1.

I won't be doing the whole proving my identity and shit to the crowd thing, doxx me if you can.

help recompense the victims of this trainwreck
if you PM'd me now asking for some free dibs on the new coin, I'd tell you to shove your request somewhere dark and smelly.

To difficult to put the info here?

I didn't ask you to take me anything, serious or otherwise.

Quite frankly I couldn't give a pair of fetid dingo's kidneys what your judgement of me and my character is.

I'm not proposing to take over this coin, I am planning to start something new and I offered to try and help recompense the victims of this trainwreck of a coin-launch in accordance with how much they wasted investing in it. I'm making no conditions on the offer other than proof of holdings in LFTC, and I presume from the way you've just suddenly turned on me that my generous offer is not acceptable to you for some fucked up personal reason (maybe you have gay-love for the coin dev... who knows...) and to be frank if you PM'd me now asking for some free dibs on the new coin, I'd tell you to shove your request somewhere dark and smelly.

Capiche amigo?

x x x

from the UK