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So obviously this coin never get to the 30 satoshi limit... with only 33% of the existing coins on the market creating such a huge wall. There are around 60 BTC worth of LEAF below that limit. What will happen when the other 4 billion of coins will hit markets? I really hope that this coin will not get listed on Cryptsy, because then it's the end of it... at least for sure it goes way below 10 satoshi.
So I would ask that delay the listing on cryptsy as much as possible.
By the way, I am not impressed by the volume on coinmarket... most of that volume is made up by traders who buy at 24 satoshi for example, and then sell at 25; then buy at 24 back, sell at 25, and so on... it doesn't sound much, but it's actually a 4% profit/round. So if one makes this 25 times a day, just doubled his portofolio value. I think that was the game which pushed up the price, because more and more started to play it. Maybe some people from coinmarket.io can confirm my theory? Because I really don't see people buying LEAF to hold as a long term investment... As any altcoin, is just for speculation and serve to acquire BTC.
Would appreciate educated answers, not personal attacks.
This all is about right. Not a single trader I've spoken to plan on holding the coin long-term, and anyone that is holding the coin mid-term is just going to be making those 3-4-5%s on the fluctuations, until the sell book fills up and even those small fluctuations become impossible (kind of like what happened with MOON). If LEAF hits cryptsy before the big dump, it'll get stalled with the pent up sell orders. If it goes above 30 satoshi this weekend, it'll get dumped down to the low 20s. It's really kind of a lose-lose scenario so long as there are a few billion LEAF sitting in someone's wallet. Doesn't matter what services you can provide, if the coin is gonna get dumped once it gains steam, nobody's going to want a piece of it. Best case scenario, people dump a percentage of their holdings through the current buy walls, tank the coin early on, and let it rise and gain natural buy support. Then maybe later when it's heading toward 100, people can dump a little here and a little there and unload their bags of LEAF. Too much sell pressure off the books, waaaay too much risk for whales or anyone else with the BTC to boost the coin. Dump some now, save some for later. Or everyone can just be greedy and screw each other over. I'm out of LEAF, so I really don't care. |
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Do you think the block halving will actually have an effect on price?
Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone. Billions is a bit much, dont you think? 1B yeah, probably, but not several billions How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have? There's around 6,250,000,000 coins. Do you really think Hashcows has billion*s*? If so, please send me their wallet address. 6.25 billion mined. Only 1.85 billion on coinmarket.io. So, over 4 billion coins split between CoinedUp and people's pockets. Whether the pockets belong to hashcows or not, we really don't care. That's like saying there are MILLIONS! of bitcoins in people's wallets... So long as it's not THAT concentrated, it's not a problem... Hell, maybe it's better being concentrated. More incentive to increase the price. You can't compare LEAF to BTC. That just make no sense, not only in terms of size and price, but also in terms of mined-coins vs. traded-coins. If there were MILLIONS of bitcoins in people's wallets and only 0.25 million BTC in the market, then yes that would be a huge, huge problem, but that simply is not the case. This is a week old coin, with more than 2/3 of the coins in existence sitting in peoples wallets. Very, very different scenario. I was being intentionally absurd. If you don't want more than 2/3 of coins in existence sitting in wallets, where do you want it? On the market. |
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let's load our guns and make massive dump
TheTelephone, you made a special account to say that...  Haha, that is most certainly not me. I don't know if there's any way to prove it, as I am not a computer person, but I can assure you that I'm not that desperate of a human being. I use my words, not scare tactics. |
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Do you think the block halving will actually have an effect on price?
Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone. Billions is a bit much, dont you think? 1B yeah, probably, but not several billions How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have? There's around 6,250,000,000 coins. Do you really think Hashcows has billion*s*? If so, please send me their wallet address. 6.25 billion mined. Only 1.85 billion on coinmarket.io. So, over 4 billion coins split between CoinedUp and people's pockets. Whether the pockets belong to hashcows or not, we really don't care. That's like saying there are MILLIONS! of bitcoins in people's wallets... So long as it's not THAT concentrated, it's not a problem... Hell, maybe it's better being concentrated. More incentive to increase the price. You can't compare LEAF to BTC. That just make no sense, not only in terms of size and price, but also in terms of mined-coins vs. traded-coins. If there were MILLIONS of bitcoins in people's wallets and only 0.25 million BTC in the market, then yes that would be a huge, huge problem, but that simply is not the case. This is a week old coin, with more than 2/3 of the coins in existence sitting in peoples wallets. Very, very different scenario. |
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Do you think the block halving will actually have an effect on price?
Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone. Billions is a bit much, dont you think? 1B yeah, probably, but not several billions How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have? There's around 6,250,000,000 coins. Do you really think Hashcows has billion*s*? If so, please send me their wallet address. 6.25 billion mined. Only 1.85 billion on coinmarket.io. So, over 4 billion coins split between CoinedUp and people's pockets. Whether the pockets belong to hashcows or not, we really don't care. |
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Total amount of LEAF in CoinMarket.io is ~1,850,000,000
Only ~500M of it is in the online wallet due to security considerations.
So, that's 1.85 bil in coinmarket alone. Then there's CoinedUp, then taking into account the number of LEAF that people are sitting on for higher prices.... yep, that's approximately 1 shitload. |
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Do you think the block halving will actually have an effect on price?
Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone. Billions is a bit much, dont you think? 1B yeah, probably, but not several billions How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have? |
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Do you think the block halving will actually have an effect on price?
Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone. |
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So, yes, I did buy in and sold out already. Yes it had solid buy support. But nobody's pumping 100s of BTC into it, like they did DOGE, or MEOW, or LOT, or EAC, or MOON, because they're not that fucking stupid.
LEAF/BTC volume data (CoinMarket.io):
last 24h: 300 BTC
last 12h: 260 BTC
reposted.. just to shut him up twice. this coin is a week old telephone.. quit bashin on a baby it ain't right. Haha, 260 BTC is just people buying in and playing percentages. If you guys really think they're buying in and holding because they believe in the integrity of the coin, you're dreaming. What do you think people want to do with this coin? More people buying and playing = more volume = more likely to hit Cryptsy. Exactly. More than likely what will happen is you'll try and sell off 5btc worth of LEAF and only get 0.5 of it filled. Then it'll plummet. Cryptsy traders have been burned by dumps, pumps and everything in between. They're not stupid, and nobody's running to buy 50btc worth of LEAF at 10,000sat the day it hits cryptsy. It's just not the way things work. A few of you will offload some, at the same time cutting off other dumpers, most of you will still be stuck with LEAF because nobody will buy your ridiculous sell order, and it'll plummet. Just. Like. Every. Other. Coin. |
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I'm just intreagued about the 100% per day trading ability. Why would anyone bother doing that for more than 20 days?
2^20 = 1,048,576
Effectively you could take 1BTC and in 20 days you would be just short of a billionaire. Hell, do it for 31 days and be the worlds first Trillionaire.
100% per investment, not 100% of your entire bankroll overall. Sorry that was unclear. If you have 1btc and put it in a market, and get 2btc, you can keep doing that until about 4btc. At 4 btc, if you put the whole thing on a market, then you've turned yourself into a giant sell wall/buy wall. So you have to do it piecemeal for an extent. But yeah, you can absolutely bank 100% investments a day. If you put in 100btc, though, it'll probably just sit there and drive the market in one direction or another. At the same time, it's not unheard of for people to turn 10btc into 10 in a day, or something similar. Just smart trading and a little bit of luck, really. |
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So, yes, I did buy in and sold out already. Yes it had solid buy support. But nobody's pumping 100s of BTC into it, like they did DOGE, or MEOW, or LOT, or EAC, or MOON, because they're not that fucking stupid.
LEAF/BTC volume data (CoinMarket.io):
last 24h: 300 BTC
last 12h: 260 BTC
reposted.. just to shut him up twice. this coin is a week old telephone.. quit bashin on a baby it ain't right. Haha, 260 BTC is just people buying in and playing percentages. If you guys really think they're buying in and holding because they believe in the integrity of the coin, you're dreaming. What do you think people want to do with this coin? More people buying and playing = more volume = more likely to hit Cryptsy. People want to dump this coin at a high price, and that's really about it. The only reason people would hold is in hope of dumping on some poor sap's head, either when it hits Cryptsy or once it hits 50sat. All I'm saying is, the big guys are NOT going to get involved until after miners (specifically hashcows) dumps the billions of coins that they're holding on to. Will it hit Cryptsy? Probably. Will you be able to sell it off in the 200s, 300s, 400s, during the initial dump? Sure. Will LEAF get boosted into the 100s and hold, like DOGE? Not a chance. Look at any crap coin that broke the top 20 on coinmarketcap. They were all boosted AFTER the coin was dumped. The guys in here holding out for the 50s and above aren't fooling anyone. LEAF will not get the DOGE treatment, and you all are going to be fighting to sell it off in the 20s, fighting against the hashcow dumps and bickering amongst yourselves until someone dumps it down into the teens. Haha, 260 BTC is just people buying in and playing percentages. If you guys really think they're buying in and holding because they believe in the integrity of the coin, you're dreaming.
you must be one of them fat rednecks who like mma huh.. @TheAncient0ne. you remind me of them. go out of your way to pick fights over stupid shit.. go jack off to duck dynasty you fuckin clown. you are not in a trading forum here.. so stfu w/ your trading bullshit. there are other traders here as well.. and you don't hear us spewin shit. these guys are building a coin, it is not BUILT. it is a work in progress because unlike other coins.. the devs have not abandoned, and rather, are working very hard still in promoting and doing decent things behind the name of leafcoin. ^ lol |
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So, yes, I did buy in and sold out already. Yes it had solid buy support. But nobody's pumping 100s of BTC into it, like they did DOGE, or MEOW, or LOT, or EAC, or MOON, because they're not that fucking stupid.
LEAF/BTC volume data (CoinMarket.io):
last 24h: 300 BTC
last 12h: 260 BTC
reposted.. just to shut him up twice. this coin is a week old telephone.. quit bashin on a baby it ain't right. Haha, 260 BTC is just people buying in and playing percentages. If you guys really think they're buying in and holding because they believe in the integrity of the coin, you're dreaming. |
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Hey everyone,
I've seen a lot of anxiety on this thread regarding the fate of LEAF on the exchanges, and as I'm a regular trader and pal around with a lot of larger traders, I thought I'd come in here and shed a little light on the skinny of what's going through everyone's minds right now.
Everyone knows that the miners are waiting to dump on them at 24 sat and above. Everyone knows that you guys are really nervous about this coin. Everyone knows that half of you expect this coin to fail, while the other half has delusions that this will be the next DOGE (or MEOW, or whatever). And EVERYONE knows that you have some serious mining pools that are trying to drop a load of LEAF at a moment's notice.
The traders know the miners very well, but perhaps the miners don't know the traders very well, so I'll let some of you in on what the traders are thinking; LEAF is a no buy. Throughout this morning, people were playing with LEAF, and sure enough the sell orders on CoinMarket.io went up over 50+btc, which is absolutely insane. We all know what the deal is, a lot of those buy walls that are out there right now (what's left of them) are from traders looking to boost the price and sell out of LEAF so they can walk away with some dignity. After this morning, there is pretty much zero chance of LEAF getting the skyrocket treatment before a substantial dump of some sort.
Now, that being said, with the way things are looking this afternoon, the terrain is looking pretty unsteady going forward. Traders won't buy because they know they're going to get dumped on. Miners won't sell because they want to sell as high as they can. So, what's going to happen? More than likely, the traders will walk away, a certain particular mining pool will dump hard, and then other independent miners will follow suit, sending the coin into the single digits, and LEAF will be crushed into obscurity. Will traders pick it up in the single digits? Sure, probably, but we keep an eye on the total number of coins on a market, and if we see that miners are STILL holding a substantial number of coins, this song and dance will continue until you all sell your coins below 10.
Now, what can be done to avoid this? There ARE traders that are watching LEAF and willing to buy in between 15 and 10. The traders with large BTC rolls will walk away probably in the next 12-24 hours, and the small guys will walk away by the end of the weekend. Traders are telling newbies: "DON'T BUY UNTIL IT HITS 10." which means they'll probably buy anywhere between 10 and 15, because newbies don't listen to anything.
So, my best advice would be to sell down to 15. I know one whale that was thinking of buying 10-20+btc worth at 17 (that won't pop up until it gets down to 20). A ton of big guys are waiting for 15. I know what you're thinking: "But we only want to sell at a profit" but guess what guys? That's not going to happen, because we're all walking away.
I'm not trying to manipulate prices, I'm not trying to cause mass panic, I just came on here and saw a lot of people that were worried, unsure or super optimistic about dumping LEAF in the 50s, so I thought I'd throw in my two cents. Will I by LEAF low? Fucking, hells yes I would, because I'm a trader, that's what I do. Am I a whale? Not in the least. Will there be big buy orders above 20? Will LEAF go to the moon? Almost definitely not. Not without a significant dump. We traders can count boys and girls, and right now LEAF is a no-buy. We can make well over 100% a day just from cryptsy pumps, and LEAF is already taking a beating regarding the sudden influx of sell orders on coinmarket.io.
If anyone wants to contact me, feel free to hit me up on twitter @theAncient0ne. If anyone's offended, or whatever at my post, I'm really sorry, but a lot of people seemed really anxious and worried, and if nothing else hopefully you guys can take away a little perspective.
Happy hunting, ya'll, and best of luck.
this should clarify things for you.. https://twitter.com/search?q=leafcoin&src=typd.. i believe i saw you a page or two down saying solid buy support. Yup. It did have solid buy support, and still does.... until you take into account that there's a few billion coins about to be dumped on to everyone's heads. I'm not some super genius crypto trader. I looked at the books, and was like "fuck yeah, a small coin with big buy support" and while I was playing percentages and talking it up to other people, I realized why NOBODY had bought into it big. So, yes, I did buy in and sold out already. Yes it had solid buy support. But nobody's pumping 100s of BTC into it, like they did DOGE, or MEOW, or LOT, or EAC, or MOON, because they're not that fucking stupid. |
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So, my best advice would be to sell down to 15. I know one whale that was thinking of buying 10-20+btc worth at 17 (that won't pop up until it gets down to 20). A ton of big guys are waiting for 15. I know what you're thinking: "But we only want to sell at a profit" but guess what guys? That's not going to happen, because we're all walking away.
LOL you're one funny guy. This coin is and will be strong. Most here are not looking for a quick dump at 25-30, because we realise the potential. And potential it has. So keep wishing you'll buy at 15 - and you'll regret not buying at 25, 30, 50 and more eventually. Haha, I'll probably keep buying on the fluctuations and playing percentages, but this coin is NOT and will NOT be strong. Are you guys serious? Are you delusional? What does LEAF actually offer in terms of say..... anything? What potential can you play off of aside from market confidence, and how long will that confidence last when LEAF sits at 23 and lower for the next three days? We all can play the pumps all day and make 200%. Another penny-coin will come around. Supply and demand: we don't NEED a penny-coin, and we certainly aren't going to buy one at 25 or above, especially one that has little to no future so long as miners are holding ANVILS over the heads of anyone that's looking to push the coin into the 30s and 40s. You guys heard of modulo? You guys heard of Wolong? You really think any whale is going to just waltz in and skyrocket a coin because it's cheap? All I'm saying is, you guys are being greedy and delusional. Dump a percentage of your coin, keep a percentage for when it skyrockets, then we can all get on with our lives. OR, hold it and continue to dump on people in the low 20s, until everyone gets bored and walks away. |
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Hey everyone,
I've seen a lot of anxiety on this thread regarding the fate of LEAF on the exchanges, and as I'm a regular trader and pal around with a lot of larger traders, I thought I'd come in here and shed a little light on the skinny of what's going through everyone's minds right now.
Everyone knows that the miners are waiting to dump on them at 24 sat and above. Everyone knows that you guys are really nervous about this coin. Everyone knows that half of you expect this coin to fail, while the other half has delusions that this will be the next DOGE (or MEOW, or whatever). And EVERYONE knows that you have some serious mining pools that are trying to drop a load of LEAF at a moment's notice.
The traders know the miners very well, but perhaps the miners don't know the traders very well, so I'll let some of you in on what the traders are thinking; LEAF is a no buy. Throughout this morning, people were playing with LEAF, and sure enough the sell orders on CoinMarket.io went up over 50+btc, which is absolutely insane. We all know what the deal is, a lot of those buy walls that are out there right now (what's left of them) are from traders looking to boost the price and sell out of LEAF so they can walk away with some dignity. After this morning, there is pretty much zero chance of LEAF getting the skyrocket treatment before a substantial dump of some sort.
Now, that being said, with the way things are looking this afternoon, the terrain is looking pretty unsteady going forward. Traders won't buy because they know they're going to get dumped on. Miners won't sell because they want to sell as high as they can. So, what's going to happen? More than likely, the traders will walk away, a certain particular mining pool will dump hard, and then other independent miners will follow suit, sending the coin into the single digits, and LEAF will be crushed into obscurity. Will traders pick it up in the single digits? Sure, probably, but we keep an eye on the total number of coins on a market, and if we see that miners are STILL holding a substantial number of coins, this song and dance will continue until you all sell your coins below 10.
Now, what can be done to avoid this? There ARE traders that are watching LEAF and willing to buy in between 15 and 10. The traders with large BTC rolls will walk away probably in the next 12-24 hours, and the small guys will walk away by the end of the weekend. Traders are telling newbies: "DON'T BUY UNTIL IT HITS 10." which means they'll probably buy anywhere between 10 and 15, because newbies don't listen to anything.
So, my best advice would be to sell down to 15. I know one whale that was thinking of buying 10-20+btc worth at 17 (that won't pop up until it gets down to 20). A ton of big guys are waiting for 15. I know what you're thinking: "But we only want to sell at a profit" but guess what guys? That's not going to happen, because we're all walking away.
I'm not trying to manipulate prices, I'm not trying to cause mass panic, I just came on here and saw a lot of people that were worried, unsure or super optimistic about dumping LEAF in the 50s, so I thought I'd throw in my two cents. Will I by LEAF low? Fucking, hells yes I would, because I'm a trader, that's what I do. Am I a whale? Not in the least. Will there be big buy orders above 20? Will LEAF go to the moon? Almost definitely not. Not without a significant dump. We traders can count boys and girls, and right now LEAF is a no-buy. We can make well over 100% a day just from cryptsy pumps, and LEAF is already taking a beating regarding the sudden influx of sell orders on coinmarket.io.
If anyone wants to contact me, feel free to hit me up on twitter @theAncient0ne. If anyone's offended, or whatever at my post, I'm really sorry, but a lot of people seemed really anxious and worried, and if nothing else hopefully you guys can take away a little perspective.
Happy hunting, ya'll, and best of luck.
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I am one of the least tech-savvy people that I know. I think there's just some chemical imbalance in my brain, because I literally cannot understand what the hell people are talking about when it comes to computers. BUT! I really, really genuinely want to build my first computer next year and I really want to get into building my own miners as soon as possible. Can anyone explain mining, building a rig and joining a pool to me like I'm a total moron?
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