[ANN][LPC] 1 Million LeproCoins Mined! New On Comkort!

[burningzoul]

0.00002200               22'693.31003495               0.49925282   (buy order on swisscex.com) Somebody is speculating on 0.5 btc worth of LPC. PEOPLE DO NOT SELL THIS LOW. Miners keep in mind the value of the coin and don`t dump something this precious.
Whoever is this guy: congratulations!If you manage to fill your order and people dump you may be happy in a month.

[Maddin0815]

any ideas how we can get more hashpower and to promote the LPC? have anyone connections to cryptocurrencies related media?

[dotnetmin]

0.00002200               22'693.31003495               0.49925282   (buy order on swisscex.com) Somebody is speculating on 0.5 btc worth of LPC. PEOPLE DO NOT SELL THIS LOW. Miners keep in mind the value of the coin and don`t dump something this precious.
Whoever is this guy: congratulations!If you manage to fill your order and people dump you may be happy in a month.

To mine 22K LPC you need a long long time. Each morning there´s somebody waken up and making such stupid things :-)
You can be happy to cover your power cost on this rate

[burningzoul]

Somebody put a SELL order at 0.0002 under that 22k buy order. WTF is wrong with people....)))

[dotnetmin]

any ideas how we can get more hashpower and to promote the LPC? have anyone connections to cryptocurrencies related media?

Contact poloniex.com  to list LPC. Email can be found at FAQ area
I did yesterday and he answered he will have a eye on it only the hash was not big enough for him to do so.
It was before LPC get listed on swisscex.   poloniex would be great.

A lot of VTC supporter join in there to avoid trading at cryptsy

[Maddin0815]

any ideas how we can get more hashpower and to promote the LPC? have anyone connections to cryptocurrencies related media?

Contact poloniex.com  to list LPC. Email can be found at FAQ area
I did yesterday and he answered he will have a eye on it only the hash was not big enough for him to do so.
It was before LPC get listed on swisscex.   poloniex would be great.

A lot of VTC supporter join in there to avoid trading at cryptsy

I think best is the dev write a mail to introduce the LPC to them, history etc...   so that they can see that the dev is still on board... 

[burningzoul]

I agree next step is poloniex and coinmarket.io . THIS CALCULATION is for everybody that thinks of dumping and cannot see the real potential value and rarity of this coin:

At current diff of 0.2 with 1000khs  you get poolmining aprox: 400coins , to reach 10.000 Lepros you need 25days at current diff. People are selling at 0.000025 aprox/coin which means 0.017 USD/coin (btc=700$).
People are selling 10000k (1 months worth at current diff with 1000khs mining operation) for 170usd!
Taking in consideration a 0.11$/kw price, and you can obtain around 900-950khs (not 1000khs but for our calculation it will be sufficient) with a R9 290x which has aprox 300-350w consumption (1kw in 3h, aprox 8kw/day and aprox 240kw/month= 27$ in electricity/month)
That means you are selling 10k lepro for 170-27 = 143$/month. The cost of an R9 290x for example is around 600-700$.

This is happening at this very low diff of 0.2, diff is not even 1. You have the chance to mine a promising coin now and you just dump it. Make your calculations what will happen when coin has diff 1 (which is  nothing), now make the math when diff is around 10. After all this punch yourself in the nuts if you sold:)))

I don`t want to troll, I am just showing people that maybe skipped basic economics that dumping now is absolutly ridiculous.
Want to shed some light uppon the great opportunity that we all have now, and that we need to work together so that people realize that the coding behind this coin and it`s rarity can autopromote itself, and with a little bit of effort from our behalf to promote it in the future we can all be pleased.

Hope this helped somebody.

[burningzoul]

Now look how the prices on swisscex just changed magically.

[nervix]

I agree next step is poloniex and coinmarket.io . THIS CALCULATION is for everybody that thinks of dumping and cannot see the real potential value and rarity of this coin:

At current diff of 0.2 with 1000khs  you get poolmining aprox: 400coins , to reach 10.000 Lepros you need 25days at current diff. People are selling at 0.000025 aprox/coin which means 0.017 USD/coin (btc=700$).
People are selling 10000k (1 months worth at current diff with 1000khs mining operation) for 170usd!
Taking in consideration a 0.11$/kw price, and you can obtain around 900-950khs (not 1000khs but for our calculation it will be sufficient) with a R9 290x which has aprox 300-350w consumption (1kw in 3h, aprox 8kw/day and aprox 240kw/month= 27$ in electricity/month)
That means you are selling 10k lepro for 170-27 = 143$/month. The cost of an R9 290x for example is around 600-700$.

This is happening at this very low diff of 0.2, diff is not even 1. You have the chance to mine a promising coin now and you just dump it. Make your calculations what will happen when coin has diff 1 (which is  nothing), now make the math when diff is around 10. After all this punch yourself in the nuts if you sold:)))

I don`t want to troll, I am just showing people that maybe skipped basic economics that dumping now is absolutly ridiculous.
Want to shed some light uppon the great opportunity that we all have now, and that we need to work together so that people realize that the coding behind this coin and it`s rarity can autopromote itself, and with a little bit of effort from our behalf to promote it in the future we can all be pleased.

Hope this helped somebody.

nice explaination! the thing we need now is promotoin, if you are willing to make some noise on order to promote the coin, i would have a certain bounty to offer..

[burningzoul]

nervix, I will start next week, and I am not alone, we are a team doing this. I will write here when we are starting, and we will see what the difference in nethash and diff will be after 1 week of promoting, and if it is a succes you can offer a bounty if you think we did a good job. Of course we will need all of you guys` help when we need to vote or send a lot of emails to certain websites. But just for all of you to know, the calculations I showed you are nothing compared to our estimated statistical price spreadsheet that would blow your mind when diff is around 20. We don`t have a very hyped up name (which isn`t playing in our favour) but we have one of the best coding I have seen this past month, kimoto gravity well implemented without any problems when coin was under 0.2 diff (which is amazing), diff retarget is working perfectly (check for yourselves if you add 50mhs farms, we saw that example working when there was the jump to 100mhash nethash last week), fast transaction speed, small block reward of 4 coins/block combined with 42mil coins (litecoin has 50coins/block and 84mil cap) which makes it rare, developer is active on this forum, has already a webshop were you can buy leprocoin stuff,it has it`s own forum. This coin has the foundation implemented before any marketing/hype because dev did a wonderful job. All the coins have hype, names, and then hardfork at high diff to implement kgw or resolve any other problems, this has a stable foundation, now it depends on all of us to build this foundation with:
-Promoting, marketing efforts
-More developing, more apps, android apps(seems Apple are banning crypto apps from market)
-Giveaways, more games, faucet
-And so on...

[nervix]

Great! I will do my best to support you and your team! And thank you for the nice words towards my dev-skills 

[Bytekiller]

0.00002200               22'693.31003495               0.49925282   (buy order on swisscex.com) Somebody is speculating on 0.5 btc worth of LPC. PEOPLE DO NOT SELL THIS LOW. Miners keep in mind the value of the coin and don`t dump something this precious.
Whoever is this guy: congratulations!If you manage to fill your order and people dump you may be happy in a month.

To mine 22K LPC you need a long long time. Each morning there´s somebody waken up and making such stupid things :-)
You can be happy to cover your power cost on this rate

with 4000 khash/sek u got about 1800-2000 LPC/Day  22k lpc made in 11 Days
with 4000 kHash/sek around 38-40.000 Doge/Day = 0,045 BTC/Day in 11 Days 0,45 BTC

[Maddin0815]

have you allready recognised, next week on monday or tuesday, the one millionst LPC will be mined...   

[phaddie]

So if no one sells, how do we get the volume to get us on an better exchange?  The more activity the coin has the better I would think.

[burningzoul]

So if no one sells, how do we get the volume to get us on an better exchange?  The more activity the coin has the better I would think.

I`m not saying not to sell, I`m saying just that at 2cents it was ridiculous, just to help out people that mined. Now the price is around 20cents which is more of a reality for this diff.

[phaddie]

I see your point, but for me. I solo mined the coins for a few hours weeks ago, made 385 LPC and I sold them for .00015 and made .059 BTC.  I was happy for the few hours I put into it.

And I assume someone was happy to have them.  Even if some miners sell too low, the people who buy them NEED the price to go up, so having a bunch of people buy in/ sell out ultra low is not really a bad thing.  It gets everyone wanting the price to go up.

[burningzoul]

I see your point, but for me. I solo mined the coins for a few hours weeks ago, made 385 LPC and I sold them for .00015 and made .059 BTC.  I was happy for the few hours I put into it.

And I assume someone was happy to have them.  Even if some miners sell too low, the people who buy them NEED the price to go up, so having a bunch of people buy in/ sell out ultra low is not really a bad thing.  It gets everyone wanting the price to go up.

0.00015 * 700 = 0.10$ you sold them at 10cents not 2, so I am happy for you leprobrother. Somebody bought coins for 1000satoshi yesterday also, and for 2000satoshi afterwards, if i had some btc on swisscex I would have been the one buying those:) I am happy for them also, people that invest now when diff is so low can see tremendous profits in 1 month. Keep in mind the coins has a cap of 42mil, and next week it will be 1 mil lepros mined , that means aprox 2.5% of the entire supply. Some coins launch with 3% premine.

[dotnetmin]

Great! I will do my best to support you and your team! And thank you for the nice words towards my dev-skills 

@nervix, we can add 1000LPC from my promotion that are left over to support @burningzoul

[nervix]

Great! I will do my best to support you and your team! And thank you for the nice words towards my dev-skills 

@nervix, we can add 1000LPC from my promotion that are left over to support @burningzoul

@dotnetmin  sure, you have my approval!

[nervix]

In the meantime - Welcome LeproDice!