Post
Topic
Board Announcements (Altcoins)
Re: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation
by
ivocoins
on 29/02/2016, 18:22:08 UTC
There are only 20m mined coins, no matter who owns them. And 50m is premine. Now if you discontinue mining, 71% will be premine, instead of the promised figure of 5%. Thats 14x more premine than you originally claimed.

Yes, more coins will be generated through POS, but this is proportional to the coins held, hence, if mining is discontinued the 71% premine will be unchangeable. It will never be 5% premine as you initially claimed.

You own the exchanges, 71% of the coins. And you figured you want to freeze it here.
If leocoin is as transparent as you claim, please allow it to be traded on the major independent exchanges.

I see no reason why other exchanges could not trade or start trading LEOcoin. The LEOxChange was started to create liquidity so that owners of LEOcoin could buy and sell if they wanted to.

Wrong again! There's a very good reason. It is their policy to have the developer's support before listing it on their site.
Of course the elusive development team, that will not bother to speak here directly, and with whom only you are supposedly in contact, will never cooperate with the exchanges. Given your alleged volume, I'm sure the exchanges would list you, if you requested it.

But let me break it to you. You made a big mistake by finally posting here (2 years after launch), now its public and OUT OF YOUR CONTROL. You DO NOT control bitcointalk. This is actually a legitimate forum.

Should you turn the coin into 71% premine, I think that's a good enough reason to get banned off this forum. And then good luck selling your 50m premine. It will be worth ZERO.

Oh, I'm sure you'll then go mad with posting on all your websites, making up some story as to why this happened, make 20 tweets a day and what not.

So, I'm done. You got about 6 more posts to make before you get on the next page, and hope nobody noticed our discussion.
Good luck!