Post
Topic
Board Announcements (Altcoins)
Re: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation
by
Beave162
on 15/06/2016, 05:43:03 UTC
Going PoS has not worked for any coin, so your optimism is simply wishful thinking. Right now, LEOCoin is backed by hardware and energy, botnets or not.

What issues are you talking about? You didn't know your own incompetence in advance? Are you really suggesting the problems with LEOxChange are out of their control?

With regard to 'incompetences', or 'suggestions', I would prefer if you stayed with what I factually have been writing about. Last week I stated:
Quote
The LEOcoin Foundation does not operate exchanges …. Concerning LEOcoin development, there is currently a good team of experienced developers working on PoS
Going PoS did not work for any coin, up to now. However, it is what we will try and currently see best. You are free to call that wishful thinking; we see PoS as a way of creating new LEOcoin that better fits in with our vision. And, FYI, there are still miners and mining farms backing LEOcoin and other legitimate digital currencies up with hardware and energy. This will remain, also after the change from a mixed PoW/PoS to a single PoS mechanism.

As I already stated, that the LEOcoin Foundation does not operate exchanges, I find your remark about me suggesting anything about an exchange having uncontrollable problems strangely out of topic. First, I did not suggest such a thing at all and I could not, as LEOcoin Foundation does NOT operate any exchanges. Please stop putting words in my mouth that I evidently have and could not have uttered; then how would I know what goes on inside another operation? LEOxChange and LEObit are organisations that are operated and owned by third parties. We are happy, they are around and are seeing to it, that LEOcoin gets listed on more exchanges. LEOcoin co-creator Dan Andersson on Monday mentioned that again.

With regard to some remarks about the functioning of LEOxChange, rest assured; this board is being read and I regularly send out ‘updates’ to several parties, so they can and will notice what issues play a role in the experience of the users of this board. Some of these issues that I shared with the LEOxChange are: the withdrawal times and the number of digits behind the comma (which would preferably would be 8, instead of 4) amongst others. It is up to the LEOxChange to do something with this. Any reader is free to pick the exchange of their choice – or start another one. Let us at least hope that other exchanges can be motivated to enlist LEOcoin too.

With regard to the incompetence you see in LEOcoin Foundation (or did you again mean third parties?); we may not be perfect, but we do our job. Contributing to this forum is part of this, just as visiting blockchain events, organize lunches with politicians or working on other social media outlets. It may very well be that this is not entirely visible in the current market prices, but who said that getting a digital currency in the top ten or five of the world would be easy?

With regard to other things, like getting listed, wallet and blockchain related programming, suggestions for exchanges, etc. anything not proper, we address with the parties involved and concerned. I can also tell you that progress is made and that change is immanent. One thing, in this regard I will post later on.


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.


Is English not your first language? (serious question)...


I was referring to the LEOxChange the whole time (not LEOCoin Foundation). You respond with "we" as if you are representing the exchange....


Did you just ignore my point and go on a tangent about how LEOCoin is going to do great in the future??--again, despite the fact that not a single coin that has switched to PoS has been successful.