ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation

[Cryptotraider16]

Guys as you can see on www.leobit.net there is nice trafic of leocoin! Every other day 50.000 leocoins! Today on leobit and leoxchange is almost 90.000

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[LEOcoin Foundation]

Any response yet on why this coin has always been, and is still being, touted as possessing the 'holy-grail' tech of complete anonymity when it clearly does not and never has?

@cryptodevil

good point, I will look into this. Some level of anonymity will be present, I suppose, but not complete anonymity, after all, the internet is involved ...

[cryptodevil]

Some level of anonymity will be present, I suppose, but not complete anonymity, after all, the internet is involved ...

Do you understand how blockchain technology works? Your Leocoin claims to have made improvements to "just about every aspect" of bitcoin yet the Leocoin blockchain still functions exactly as it does for bitcoin, namely, publicly-viewable transactions showing transfers to and from every single address, dating right back to the the Genesis Block.

Just like bitcoin, Leocoin is only pseudo-anonymous. Addresses which are known to belong to a particular person will often yield a surprising amount of additional information from analysing the inputs and outputs up and down the chain.

So, what we end up with is the fact that you are promoting an altcoin which has lied about its credentials and is directly connected to individuals who are known to be operators of MLM/Ponzi/Matrix scams.


P.S. The whole 'meeting with politicians' attempt to buy credibility-through-association only fools those people who are both impressed and ignorant, in equal measures, about how easy it is to score photo-ops and glad-handing with government officials about 'mumble-mumble nonsense they're not really paying any attention to beyond their PA making sure the meet-and-greet bill has been paid beforehand'.

[LEOcoin Foundation]

@cryptodevil

thank you for your opinion, you are entitled to it, but I do not share your views one bit. Probably because I am biased, just like you, only in another direction, as it is the task of the LEOcoin Foundation to promote LEOcoin. Of course, I like to do that in a proper way.

Regarding your questions of anonymity, I have arranged an appointment with people who have been involved in creating LEOcoin. As you know, I am cryptominer and now also active for the LEOcoin Foundation. Clearly, because I do belief some of the statements made by LEO Ltd. and its management and also because cryptominers have from the start of LEOcoin been part of the LEOcoin community, but have been - at least to some extend - have been left out in the communication.

Not being a CC-programmer, I have to depend on information that others provide me and which I then can pass on to the readers of our thread. Of course, I have basic knowledge regarding CC and blockchain technology, there are many websites devoted to these issues and anyone can inform themselves. Unfortunately, also on forums like ours, not everyone seems to share the same ideas when it comes to the proper and required levels of anonymity, privacy and security. As far as I see it now, I will have to dive into this a bit more, so I can see if and how we can improve certain statements that in the past have been made by third parties.

Even when I officially cannot speak for LEO Ltd., it is clear that for any company that wants to embrace a new and challenging technology like that involved with a cryptocoin, then such a company will have to rely on experts, advisors and information on the web. I cannot take responsibility regarding information that have been shared by others, but I trust that such information was shared with good intentions. You have to understand, that promotion does always involve a certain vagueness, as the meaning of words do sometimes carry ambiguity. For promotions to be effective, some degree of care should be taken to make sure that the core of what we want to communicate is clear. Taking this back to anonymity, it may very well be that IP-addresses and certainly wallet addresses are traceable, but compared to credit cards payments where even your name is visible, there is more anonymity.

Again, I will address this issue in the future, perhaps as part of the interview too.

[cryptodevil]

Tell me next (read from blockchain) who em i? How manny LEOcoins i was trading on Offical exchnage, on LEObit? How much BTC did i withdraw or Fiat currency?

*sigh* Please try and keep up with the facts of the conversation. I did not say that all bitcoin users could be tracked and traced solely from the blockchain, I said that there was a vast amount of information which could be gleaned from it and all it would take is to confirm a person's connection to an address and it would reveal a great deal more about that person's activities by doing transaction analytics up and down the chain.

So if i want i can work with LEO totaly anonymous. I dont verifie myself on exchnage and i can trade for Bitcoin. I dont need to withdraw Bitcoins to Fiat and verifie on any exchnage.

Until you can anonymously register on an exchange without an email address and do it entirely hidden through TOR, you are traceable and can be associated with your trades, transactions and addresses. The content and activity of your email account will lead to other information which will further associate your real identity with your exchange account . . etc.

I can withdraw BTC on ATM machine and noone will ever know who i em. Is that not anonymous?

No ATM operator would install a machine that wasn't covered by CCTV. So either the transaction performed will lead investigators to your use of the ATM and your identity, or your use of the ATM will lead investigators to your identity and the transaction performed.

Either way your understanding of exactly what 'Big Data' is all about, is severely lacking.

In any event, my point remains, neither bitcoin nor Leocoin are any different when it comes to 'anonymous' transactions. They are only pseudo-anonymous.

[Cryptotraider16]

LEOcoin is great coin that will soon start to rise price! First 1£ ghen 10+£ 👍🏼

[Cryptotraider16]

Guys in 2 weeks we will see if LEOcoin is worth to own or not!

[LEOcoin Foundation]

Guys in 2 weeks we will see if LEOcoin is worth to own or not!

@Ctryptotrader16

If owning LEOcoin is good or not, depends on the cost price and the future potential of LEOcoin and its economy. I assume that you are referring to the X2 project of Learning Enterprises Organisation Ltd. (LEO Ltd.) which will start in two weeks. And, you are free to do so. However, it is still not publicly known where X2 is about, so your prediction is build on your personal expectation, not on publicly accessible information.

Of course, I also am positive about the X2 project, but before we all know where it is all about, it may be too early to speak about a time frame of two weeks. I mean, the nature of the project can be such, that a reaction could come later on, or not at all. And even when nothing happens, LEOcoin may still be worth to own on the long run.

Just trying to avoid the impression that a hype is or should be coming. As ever, the price of LEOcoin is a matter of supply and demand.

[Cryptotraider16]

Guys in 2 weeks we will see if LEOcoin is worth to own or not!

@Ctryptotrader16

If owning LEOcoin is good or not, depends on the cost price and the future potential of LEOcoin and its economy. I assume that you are referring to the X2 project of Learning Enterprises Organisation Ltd. (LEO Ltd.) which will start in two weeks. And, you are free to do so. However, it is still not publicly known where X2 is about, so your prediction is build on your personal expectation, not on publicly accessible information.

Of course, I also am positive about the X2 project, but before we all know where it is all about, it may be too early to speak about a time frame of two weeks. I mean, the nature of the project can be such, that a reaction could come later on, or not at all. And even when nothing happens, LEOcoin may still be worth to own on the long run.

Just trying to avoid the impression that a hype is or should be coming. As ever, the price of LEOcoin is a matter of supply and demand.

Thanks good i am not stupid and traid only LEOcoin! There is some other coins that are a lot better then LEOcoin!
If you ask me dev team of leocoin sleep! And they are not soo good they think they are!
LEOcoin need better and real qualety development team!!!!

[Cryptotraider16]

Good 10days out from LEO X2 project and Dan Anderrson say its huge move for leocoin and multibilion $ buisness!

I cant wait to see!

[Cryptotraider16]

http://myleobusiness.com/R2/R2_LEOTV.aspx?Video_ID=483

Some good videos

[Cryptotraider16]

Leocoin foundation any updates? Nothing new from you for some time! You also go to Bali ?

[LEOcoin Foundation]

No big updates. We are currently working on the interview with Dan Anderson, CEO of Learning Enterprises Organisation Ltd. and co-founder of LEOcoin.

[Cryptotraider16]

Hope he will finally tell something good!
Can you explain where is problem coinmarketcap dont want to put leocoin on main site?

[wildduck]

Last time the problem with the coinmarketcap and putting leo on their site was they tought it was a ponzi scheme.
Now we will see.

[Cryptotraider16]

Last time the problem with the coinmarketcap and putting leo on their site was they tought it was a ponzi scheme.
Now we will see.

Thanks for info! I am sure its not ponzi scheme!
But its still strage

[arielbit]

Talked with a Leocoin MLM recruit..

he said that he could get 400 pesos or 8.69 $ if he recruited a member...commission varies on how "big" the membership package bought..these people belong to lower echelons of leocoin.


https://en.wikipedia.org/wiki/Ponzi_scheme

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

[Cryptotraider16]

Interested arielbit!

Hope leocoin foundation can get us some good updates!


Also why LEOcoin still not on cmc main site?

[arielbit]

Interested arielbit!

Hope leocoin foundation can get us some good updates!


Also why LEOcoin still not on cmc main site?

it is at coinmarketcap.com, click "view all" and currently at 596

[wildduck]

Highly rank coin on marketcap