thanhcongktkt5
Newbie
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Activity: 3
Merit: 0
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January 25, 2016, 07:43:25 AM |
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I vote for reverse NFactor , or go to POS.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Cryptotraider16
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January 25, 2016, 08:19:40 AM |
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Amaizing to see so much new peoples!
I think after POS start price with LEO mlm members can jump over night!
+ i hope merchant site will finally start so we can start to buy stuff over internet!
I also wait LEOtravel! They promised prices like booking 😳😳😳
What we need more? Travel and money... 😎😎😎
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hieu1010
Newbie
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Activity: 26
Merit: 10
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January 25, 2016, 09:31:15 AM |
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Hashrate of botpool + pool.leocoin is only 1000 KH/s . But Nethash is always from 5000 KH/s to 9000 KH/s . Bots have 80%-90% hashrate of nethash . Please fix it quickly. https://www.dropbox.com/s/fvplvp744neg64m/leo.jpg |
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MikroTik
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January 25, 2016, 09:39:21 AM |
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I vote for revers nfactor and price to go to previous around 0.002  |
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Cryptotraider16
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January 25, 2016, 09:47:59 AM |
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Hashrate of botpool + pool.leocoin is only 1000 KH/s . But Nethash is always from 5000 KH/s to 9000 KH/s . Bots have 80%-90% hashrate of nethash . Please fix it quickly.  Can you tell us what that mean? Some of us here are not miners |
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hieu1010
Newbie
Offline
Activity: 26
Merit: 10
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January 25, 2016, 10:28:48 AM |
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Can you tell us what that mean? Some of us here are not miners Hi . Bot is virus miner . It have free electricity . |
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LEOcoin Foundation (OP)
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January 25, 2016, 11:21:44 AM |
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Re. Botnet-virus
ATT. this is my personal opinion and not an official statement from the LEOcoin Foundation.
Like other scypt-Jane crypto currencies, also LEOcoin has probably suffered from attacks on the mining pools, the LEOcoin-network and exchanges. These are typical aggressions from a botnet. WikiPedia describes this as :
"a number of Internet-connected computers communicating with other similar machines in an effort to complete repetitive tasks and objectives. This can be as mundane as keeping control of an Internet Relay Chat (IRC) channel, or it could be used to send spam email or participate in distributed denial-of-service attacks. The word botnet is a combination of the words robot and network. The term is usually used with a negative or malicious connotation."
If a botnet would let their hacked computers collectively mine a crypto currency, they could get a significant share of the network hash, at virtually no costs. Particularly when CPU mining gets stronger and GPU mining gets weaker.
If we look at the estimated energy costs - so without hardware costs - to mine a LEOcoin today, the LEOcoin price should at least be around 40-50 pence in order to cover for energy costs. With hardware and maintenance, any price below 1£ would not make much sense, then after all, mining is a business and miners have families to feed too. On top of that, most miners reserve a considerable amount of coins, just in case the price goes up and up and up.
As a consequence, any one selling at current low prices; a) has mined earlier and has a lot of LEOcoins, b) is selling at a loss, c) has no energy costs, or d) has stolen the coins. Options c and d lead to massive dumping because the coins are free so any price is profitable.
However, LEOcoin is backed up by a couple of organisations and by network of about 200,000 members and merchants. Many of them kept on mining, as they trust that LEOcoin will stay on the market and the price will rise once the dumping is stopped. The recent proposal to move from a POW/POS to a solely POS mechanism is one measure that would prevent botmining and that will quickly lead to a sharp decrease in LEOcoins offered for sale. Meanwhile, the network supporting LEOcoin will grow and so will demand. If supply goes down, we will see the price react on the market mechanism and return to 'normal' values.
ATT. this is my personal opinion and not an official statement from the LEOcoin Foundation.
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Roel N. de Leeuw B.ec
LEOcoin Community Manager
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Cryptotraider16
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January 25, 2016, 11:45:51 AM |
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Re. Botnet-virus
ATT. this is my personal opinion and not an official statement from the LEOcoin Foundation.
Like other scypt-Jane crypto currencies, also LEOcoin has probably suffered from attacks on the mining pools, the LEOcoin-network and exchanges. These are typical aggressions from a botnet. WikiPedia describes this as :
"a number of Internet-connected computers communicating with other similar machines in an effort to complete repetitive tasks and objectives. This can be as mundane as keeping control of an Internet Relay Chat (IRC) channel, or it could be used to send spam email or participate in distributed denial-of-service attacks. The word botnet is a combination of the words robot and network. The term is usually used with a negative or malicious connotation."
If a botnet would let their hacked computers collectively mine a crypto currency, they could get a significant share of the network hash, at virtually no costs. Particularly when CPU mining gets stronger and GPU mining gets weaker.
If we look at the estimated energy costs - so without hardware costs - to mine a LEOcoin today, the LEOcoin price should at least be around 40-50 pence in order to cover for energy costs. With hardware and maintenance, any price below 1£ would not make much sense, then after all, mining is a business and miners have families to feed too. On top of that, most miners reserve a considerable amount of coins, just in case the price goes up and up and up.
As a consequence, any one selling at current low prices; a) has mined earlier and has a lot of LEOcoins, b) is selling at a loss, c) has no energy costs, or d) has stolen the coins. Options c and d lead to massive dumping because the coins are free so any price is profitable.
However, LEOcoin is backed up by a couple of organisations and by network of about 200,000 members and merchants. Many of them kept on mining, as they trust that LEOcoin will stay on the market and the price will rise once the dumping is stopped. The recent proposal to move from a POW/POS to a solely POS mechanism is one measure that would prevent botmining and that will quickly lead to a sharp decrease in LEOcoins offered for sale. Meanwhile, the network supporting LEOcoin will grow and so will demand. If supply goes down, we will see the price react on the market mechanism and return to 'normal' values.
ATT. this is my personal opinion and not an official statement from the LEOcoin Foundation.
You are right! After POS start price will start to rise! |
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Cryptotraider16
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January 25, 2016, 11:47:08 AM |
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Hashrate of botpool + pool.leocoin is only 1000 KH/s . But Nethash is always from 5000 KH/s to 9000 KH/s . Bots have 80%-90% hashrate of nethash . Please fix it quickly. Can you tell us what that mean? Some of us here are not miners Hi . Bot is virus miner . It have free electricity . So over 20.000 leocoin free a day! Last few months! |
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LEOcoin Foundation (OP)
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January 25, 2016, 12:55:50 PM |
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So over 20.000 leocoin free a day! Last few months!
Not really free. First, the computers that were infected/hacked used a lot of energy to create Hashes and someone had to pay for that electricity bill. Second, the dumping likely caused a negative price-spiral that effected in other LEOcoin owners seeing their value drop. Third, LEOcoin Foundation, LEO Ltd. and others where falsely accused of dumping, where in fact they kept on mining and supporting LEOcoin. Fourth, the reputation and popularity of LEOcoin was damaged. Meanwhile LEOcoin Foundation and others have worked on finding solutions. There will be a new wallet, the LEOxChange will get faster, and when the POS proposal gets an affirmative vote, the staking mechanism will in a fair and cost-effective way reward those who own and stake LEOcoins. |
Roel N. de Leeuw B.ec
LEOcoin Community Manager
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Cryptotraider16
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January 25, 2016, 02:14:53 PM |
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So over 20.000 leocoin free a day! Last few months!
Not really free. First, the computers that were infected/hacked used a lot of energy to create Hashes and someone had to pay for that electricity bill. Second, the dumping likely caused a negative price-spiral that effected in other LEOcoin owners seeing their value drop. Third, LEOcoin Foundation, LEO Ltd. and others where falsely accused of dumping, where in fact they kept on mining and supporting LEOcoin. Fourth, the reputation and popularity of LEOcoin was damaged. Meanwhile LEOcoin Foundation and others have worked on finding solutions. There will be a new wallet, the LEOxChange will get faster, and when the POS proposal gets an affirmative vote, the staking mechanism will in a fair and cost-effective way reward those who own and stake LEOcoins. Hope new LEOcoin wallet will get out asap! I sm ready for stakeing! |
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LEOcoin Foundation (OP)
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January 25, 2016, 02:57:17 PM |
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Hope new LEOcoin wallet will get out asap! I sm ready for stakeing!
1) If/After the POS will have been implemented, you will also be able to stake with LEOcoins that are in your back-office, as these are of course part of the blockchain. LEOcoin Foundation will announce updates regarding voting process (if any), date of conversion (if any) and availability of the updated LEOcoin Wallet. 2) Already currently LEOcoin wallets can stake (mine are!) and you will occasionally receive stake interest. 3) I have not heard yet if LEOcoins that are held on the LEOxChange will also return stake interest. I will try to get an update in this regard. |
Roel N. de Leeuw B.ec
LEOcoin Community Manager
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Cryptotraider16
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January 25, 2016, 03:01:38 PM |
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Hope new LEOcoin wallet will get out asap! I sm ready for stakeing!
1) If/After the POS will have been implemented, you will also be able to stake with LEOcoins that are in your back-office, as these are of course part of the blockchain. LEOcoin Foundation will announce updates regarding voting process (if any), date of conversion (if any) and availability of the updated LEOcoin Wallet. 2) Already currently LEOcoin wallets can stake (mine are!) and you will occasionally receive stake interest. 3) I have not heard yet if LEOcoins that are held on the LEOxChange will also return stake interest. I will try to get an update in this regard. Yeah i know you can stakeing but its so small now! But 20% is great! 👍🏼 |
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Izi
Newbie
Offline
Activity: 22
Merit: 0
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January 25, 2016, 05:01:47 PM |
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Yeah... Stolen future! Pathetic  |
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Cryptotraider16
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January 25, 2016, 06:01:17 PM |
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Yeah... Stolen future! Pathetic I dont care if its stolen or not! Talk to your lawer if you thik so! |
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Cryptotraider16
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January 25, 2016, 07:02:10 PM |
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I dont see any Scam here! I see some mad guys! Buy mad peoples are all over! 😎 |
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BarrioFInito
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January 25, 2016, 07:11:33 PM |
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mad? lets make it clear, we made our money back, and still hold A LOT of coins, but we are just trying to tell you that LeoCoin is being fukked up by LEO company (s), from MLM, to lying bout # of merchants, fees that are just insane, slow or no help from the "people running things", lying bout cap market value, "virus / bot" making most of leocoin daily mining cap, they steal and fukk up good ideas, and simply dont care bout the coin. So dont get shit twisted, our money straight and safe, we are just sharing our experience with LEO in general. So GTFOH, invest, pls do, pump it as much as you can, well be dumpin it....
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Cryptotraider16
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January 25, 2016, 07:23:43 PM |
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mad? lets make it clear, we made our money back, and still hold A LOT of coins, but we are just trying to tell you that LeoCoin is being fukked up by LEO company (s), from MLM, to lying bout # of merchants, fees that are just insane, slow or no help from the "people running things", lying bout cap market value, "virus / bot" making most of leocoin daily mining cap, they steal and fukk up good ideas, and simply dont care bout the coin. So dont get shit twisted, our money straight and safe, we are just sharing our experience with LEO in general. So GTFOH, invest, pls do, pump it as much as you can, well be dumpin it....
Nice! I will wait ! I see some mistakes and slo LEO but i am sure LEOcoin future is great! |
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