Post
Topic
Board Announcements (Altcoins)
Re: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation
by
LEOcoin Foundation
on 14/06/2016, 16:30:46 UTC
You cannot ignore the importance of exchanges in the world of cryptocurrencies.

Unfortunately, LEOxChange has been deemed the "Official" exchange of LEOCoin. Considering the well-known issues--horrendous delays, no fractions less than 0.0001 BTC with trades, fee schemes to artificially boost the price, etc etc--LEOCoin is destined to continue its decline.

No, I beg to differ. The point that some issues could have been handled differently, we can take. And if we would have known about these in advance, we would have. But the decline you see, is just the last dip, before we turn around. As you perhaps know, we think this will be once PoS is starting and any botnetvirus mined LEOcoins cannot any longer be mined and dumped at no matter what price.

We also have good things going on in other area's (development, listing, exchanges) and will show a few of these in the coming weeks. Also the LEOxChange plans for the US market are still in the pipe-line, but coming nevertheless.

Clearly not being overly thrilled myself with current low prices, I am still happy that LEOcoin is nevertheless amongst the top 20 of digital currencies and I would be thrilled if we in a few months would go even higher again.

With regard to repeating statements about LEOcoin being dead or in a decline, I again wish to quote Mark Twain: "The reports of my death have been greatly exaggerated." At the end of 2016, we will see again and know much more.