there is an internal and an external Leocoin exchange with two completely different prices.
1) Does the LCF see that as an advantage or disadvantage for Leocoin's further development ?
2) What price does the LCF consider as the right price:
That one of the internal exchange or the LeoXchange ?
Dear Peter78,
The LEOcoin Foundation is not operating any exchange. There are several exchanges where LEOcoin owners do their trading and it is up to them which exchange they desire to get active on. I think in the future, there might be other exchanges that will trade LEOcoin, each with their own client base, each with their own policy, each with different prices.
The prices are - we trust - formed by the market mechanism of demand and supply. As such, there is not a 'right' price, just the price where buyer and seller agree on - though they obviously disagree on the value.
With regard to what a LEOcoin should be worth, I refer to previous posts where we addressed the costs involved for mining a block of LEOcoins. Taking hardware depreciation and energy costs into account, it is my - personal - estimation that anything above 1£ would be fair. Yet, let us just see where the market leads us.