ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation

[Cryptotraider16]

LEOcoin is not a scam but really coin need some development!

All MLM leaders are like hienas work for his own pocket! 😳

[LEOcoin Foundation]

@all, supporters, cautious supporters, doubters, mild critics, destroyers and - as an extra category, arielbit

I am pleased that Learning Enterprises Organisation Ltd. has agreed to grant us an exclusive interview where we can address many of the questions that seem to worry the readers of this forum: including the development of LEOcoin in 2016 (road map), the distribution of LEOcoin and issues regarding the premine.

As a first teaser, I can tell you the interview will be extensive and not let out any important issue. Concerning the premine, I can already share one message and that is probably one that few here will expect: Learning Enterprises Organisation Ltd. cannot and thus will not sell any LEOcoins in the near future. More details in the interview.

The interview - which, I repeat - contains many answers - will be fully published prior to LEO Ltd.'s annual event in Bali, but I will share some snippets now and then.

[Cryptotraider16]

@all, supporters, cautious supporters, doubters, mild critics, destroyers and - as an extra category, arielbit

I am pleased that Learning Enterprises Organisation Ltd. has agreed to grant us an exclusive interview where we can address many of the questions that seem to worry the readers of this forum: including the development of LEOcoin in 2016 (road map), the distribution of LEOcoin and issues regarding the premine.

As a first teaser, I can tell you the interview will be extensive and not let out any important issue. Concerning the premine, I can already share one message and that is probably one that few here will expect: Learning Enterprises Organisation Ltd. cannot and thus will not sell any LEOcoins in the near future. More details in the interview.

The interview - which, I repeat - contains many answers - will be fully published prior to LEO Ltd.'s annual event in Bali, but I will share some snippets now and then.

So not sale after they sale all 40 milion LEOcoins?
So they are now out of 40 milion premine?

[LEOcoin Foundation]

So not sale after they sale all 40 milion LEOcoins?
So they are now out of 40 milion premine?

@Cryptotraider16

Your commitment, trust and questions are really flabbergasting.

First, I cannot speak for third parties, so we have to wait for the interview, but, second, already prior to that, it was made clear by Learning Enterprises Organisation Ltd., that they have NOT been selling LEOcoins. Last time I checked their website, they were offering online learning courses, seminars and stuff like that. Please provide us with evidence about them selling LEOcoins for cash, if you have different information. This is very important, then most resistance against LEOcoin seems to have the premine involved.

Already other contributors have pointed out, that 5% premine is not extraordinary. In addition, it is common knowledge that when a new coin is launched, the programmers, insiders and those who mine first will always fill their pockets with loads of those coins anyway. But when a company is committed to supporting a cryptocurrency, and Learning Enterprises Organisation Ltd. states that they cannot and thus will not sell any LEOcoins in the near future, one would expect that apparently the premine was not to dump the coins.

In the interview we will hear more, but we will definitely not hear that they have sold them or will sell LEOcoins in the future. At least, that is what I have heard.

[wildduck]

Ok i want to now then if they didn`t sold, who sold so many and crushed the price of leo.

[Cryptotraider16]

Ok i want to now then if they didn`t sold, who sold so many and crushed the price of leo.

Good question!

[anhpt192]

I did not know LEO was announced here. Some mined before got profit!

[Cryptotraider16]

All true bitcoin miners! 👍🏼

[LEOcoin Foundation]

I did not know LEO was announced here. Some mined before got profit!

good for you, I hope you did not sell all of them ...  

[kiffner]

possibility is that chineze are dumping or miners on cheap/free electricity.

some advice:
If you are miner renting hashpower on nicehash, or mining with GPU, use yacminer and port with static diff 1, which is I belive only on http://leocoin.coinranch.org  otherwise pool stratum with variable diff is constanly swithing diff up, and that's to high for any rig/gpu - no accepted share for a very long time.

[Cryptotraider16]

I did not know LEO was announced here. Some mined before got profit!

good for you, I hope you did not sell all of them ...  

I also still hold a lof of them i pay when they are 0.5£ so i need to wait long time!
Future will tell all!
Lets we see what will hapen with IPO dan will do ....😳😜hope all happy and not unhappy

[wildduck]

Well i have 10k leo so i still have some.

[Cryptotraider16]

Well i have 10k leo so i still have some.

I have 25k 😱

[wildduck]

Yes that is nice but i`m not going to sell with this price.

[Cryptotraider16]

Hope to hear LEOcoin foundation soon and see video! Leocoin price keep go down! Hope its will not go under 0.10 £ after new year 😳

[LEOcoin Foundation]

Hope to hear LEOcoin foundation soon and see video! Leocoin price keep go down! Hope its will not go under 0.10 £ after new year 😳

FYI: the interview will probably not be on video, but I can give it a try. More important is the quality of the information that we will get. If you have a serious specific question that is not yet addressed in the thread, feel free to send me a PM, but I cannot guarantee that all questions can be dealt with in one interview.

[Cryptotraider16]

Hope to hear LEOcoin foundation soon and see video! Leocoin price keep go down! Hope its will not go under 0.10 £ after new year 😳

FYI: the interview will probably not be on video, but I can give it a try. More important is the quality of the information that we will get. If you have a serious specific question that is not yet addressed in the thread, feel free to send me a PM, but I cannot guarantee that all questions can be dealt with in one interview.

When will be done interview? Hope to hear something good that will finally push leocoin price back close to 1gbp

[wildduck]

I remember the dream of 5 gbp

[LEOcoin Foundation]

I remember the dream of 5 gbp

@wildduck

5 GBP is a nice dream, but who knows where the new year will lead us ...

Although the LEOcoin Foundation is not trading LEOcoins, I already mentioned that the current price is regarded too low. However, if those who sell LEOcoins would stop selling them, it is to be expected that demand will raise the price. To what level remains to be seen, but as ever, that is the task of the market mechanism of supply and demand. So I can only give one advice; when you do not want to be long, simply cash in; when you are long, now is as good a time to buy as ever. Buy low, sell high and you will be happy.

[wildduck]

Yes as always buy low sell high, i`m gonna wait if price to go up, it will with next nfactor grow