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Author Topic: [ANN][LEAF] LEAFCOIN - Android wallet launched  (Read 352272 times)
Aiwanei
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January 31, 2014, 03:40:29 PM
 #2561

Hashcows is mining LEAF... it was fun while it lasted. Sad

They have been mining it off and on for well over 24 hours.
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January 31, 2014, 03:45:43 PM
 #2562

We are at 13.31 GH/s and Next Diff is 183!
I think multipools are stepping in! Fuck this! D:

What the fuck! Left the sell order at 23 to rebuy at 22/21, now 27, i'm left with a nice bunch of bitcoins .-.
(luckily that was only 1/4 of my leafs, even if I am not really rich - the other 3/4 is safe in my wallet, ready to get to the market when it will reach the moon!)

Crap, i'll really enjoy having some more leafs. My bad, i would need a better miner. I am mining since day 1, I love this coin! Cheesy

EDIT: And 200K Volume on CoinMarket.io, the best exchange thus far. I like it better than Cryptsy, even if it does not have candlesticks yet. But candlesticks help people panic, and panic buy/sell, instead of just looking at the trades done and the actual value.. so I'm still not sure if I like candlesticks or not D:
Timeline
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January 31, 2014, 03:46:23 PM
 #2563

CoinMarket.io asking the community:
do most of you agree that we should raise fees to 0.15% to expand the team faster
(and thus make an better exchange)?


0.15 % is still low enough fee if it helps to improve the services you provide

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January 31, 2014, 03:47:36 PM
 #2564

Hashcows is mining LEAF... it was fun while it lasted. Sad

And no doubt others too.  No way it grows like that without others on it.

There are only two exchanges that allow trade in the sort of volumes that these pools are mining.   The power to stop these is in the hands of the exchanges.

However, these pools are not going to hold coins, they are going to dump them.  Its what they do with every coin, so value of this could possibly reach 100 satoshi naturally, but by allowing the multipools on, its killing the value and keeping it low.

My vote would be to add gravity well now, as the exchanges dont seem bothered about helping the communities they rely on.  All they want is the exchange fees, if that comes from hundreds of honest miners working for the good of a coin, or just one big fat dump from a multipool they couldnt give a sh*t.   It would be very easy to spot an account dumping the sort of voluimes that these multipools are accumulating, so it would be easy to ban them or confiscate coins and give to the other investors.   That would put the multipools off.  All there needs to be is a threat posted on each exchange that multipool deposist if discovered will be confiscated, and watch how quickly those multipools will drop mining the coin.

I can honestly see no reason what so ever why an exchange would not do this.

As Ive said, if anyone has the coding knowledge to build an exchange like coinmarket, Im happy to pay for all hardware required to host it, and I would happily confiscate coins from multipools and givve back to the other holders.  Lets see where most people would go to to trade coins if they think they are protected from multipool dumps.

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January 31, 2014, 03:48:08 PM
 #2565

0.15 % is still low enough fee if it helps to improve the services you provide
We have raised the fee to 0.15%
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January 31, 2014, 03:48:24 PM
 #2566

Thing is, the multipools can't autosell at the moment. It's not listed on cryptsy yet!
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January 31, 2014, 03:49:23 PM
 #2567

We are at 13.31 GH/s and Next Diff is 183!
I think multipools are stepping in! Fuck this! D:


And when they dump thanks to the exchanges that are happy to allow this - value will be in the toilet.

Exchanges need to take action against these pools, or the coin needs gravity well now.  They are just going to leave the coin with crazy high difficulty and a low value after the dump.  Action needed to protect against these pricks in needed NOW.

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January 31, 2014, 03:49:49 PM
 #2568

We are at 13.31 GH/s and Next Diff is 183!
I think multipools are stepping in! Fuck this! D:

What the fuck! Left the sell order at 23 to rebuy at 22/21, now 27, i'm left with a nice bunch of bitcoins .-.
(luckily that was only 1/4 of my leafs, even if I am not really rich - the other 3/4 is safe in my wallet, ready to get to the market when it will reach the moon!)

Crap, i'll really enjoy having some more leafs. My bad, i would need a better miner. I am mining since day 1, I love this coin! Cheesy

EDIT: And 200K Volume on CoinMarket.io, the best exchange thus far. I like it better than Cryptsy, even if it does not have candlesticks yet. But candlesticks help people panic, and panic buy/sell, instead of just looking at the trades done and the actual value.. so I'm still not sure if I like candlesticks or not D:

It's risky to trade when in an uptrend like this;)
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January 31, 2014, 03:50:49 PM
 #2569

I know with the "Hype mode on" and everything it's not the best moment for this but please look into this guys and let's show the world we're a better community than doge Wink See you at the top of the tree !
http://www.reddit.com/r/LeafCoin/comments/1wn9r9/puppy_needs_your_help/

Leafcoin - THE Altcoin -
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January 31, 2014, 03:51:50 PM
 #2570

Hashcows is mining LEAF... it was fun while it lasted. Sad

And no doubt others too.  No way it grows like that without others on it.

There are only two exchanges that allow trade in the sort of volumes that these pools are mining.   The power to stop these is in the hands of the exchanges.

However, these pools are not going to hold coins, they are going to dump them.  Its what they do with every coin, so value of this could possibly reach 100 satoshi naturally, but by allowing the multipools on, its killing the value and keeping it low.

My vote would be to add gravity well now, as the exchanges dont seem bothered about helping the communities they rely on.  All they want is the exchange fees, if that comes from hundreds of honest miners working for the good of a coin, or just one big fat dump from a multipool they couldnt give a sh*t.   It would be very easy to spot an account dumping the sort of voluimes that these multipools are accumulating, so it would be easy to ban them or confiscate coins and give to the other investors.   That would put the multipools off.  All there needs to be is a threat posted on each exchange that multipool deposist if discovered will be confiscated, and watch how quickly those multipools will drop mining the coin.

I can honestly see no reason what so ever why an exchange would not do this.

As Ive said, if anyone has the coding knowledge to build an exchange like coinmarket, Im happy to pay for all hardware required to host it, and I would happily confiscate coins from multipools and givve back to the other holders.  Lets see where most people would go to to trade coins if they think they are protected from multipool dumps.

Why would people go to a pool that is involved in theft? any exchange that just "takes" coins from people is stealing.  While exchanges could do things like limit deposit frequency, or maximum deposit size to limit the ability to dump at a certain price, outright stealing the coins and giving to others will cause a major backlash and could get them in legal hot water.
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January 31, 2014, 03:52:22 PM
 #2571

Thing is, the multipools can't autosell at the moment. It's not listed on cryptsy yet!

They are manually selling on coinmarket.  They were mining this when coinmarket was the only exchange that traded it.  So it would be a piece of cake to spot the account dumping these from Hashcows, but the exchange is reluctant to take any action.

Just confiscate their coins.  Would anybody anywhere who cares about crypto rather than just a quick buck, be in the least bit bothered that some drones on a multipool wasted their time?  Its about time the community and exchanges stood up to these pools and took drastic action.  They have completely f**ked the coin market thanks to their dumping of every single coin, so its about time they were f**ked themselves and were made extinct.

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January 31, 2014, 03:53:01 PM
 #2572

I know with the "Hype mode on" and everything it's not the best moment for this but please look into this guys and let's show the world we're a better community than doge Wink See you at the top of the tree !
http://www.reddit.com/r/LeafCoin/comments/1wn9r9/puppy_needs_your_help/

http://www.croftrescuekennels.net/Sad-Stories%282115441%29.htm

People watch out, i'm not calling anyone scammer but think twice before sending your coins to someone not authorized by the DEV


EDIT: Definitely a scam READ HERE

We would like to say a huge thank you to everyone who donated towards Ben's operation. Ben has now had the operation which was a great success. He is now in a new home with a loving family. Again, thank you to everyone who made this possible. Photos in his new home are to follow.

THE OPERATION IS ALREADY DONE, DO NOT SEND ANY MONEY!!!
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January 31, 2014, 03:55:24 PM
 #2573

Hashcows is mining LEAF... it was fun while it lasted. Sad

And no doubt others too.  No way it grows like that without others on it.

There are only two exchanges that allow trade in the sort of volumes that these pools are mining.   The power to stop these is in the hands of the exchanges.

However, these pools are not going to hold coins, they are going to dump them.  Its what they do with every coin, so value of this could possibly reach 100 satoshi naturally, but by allowing the multipools on, its killing the value and keeping it low.

My vote would be to add gravity well now, as the exchanges dont seem bothered about helping the communities they rely on.  All they want is the exchange fees, if that comes from hundreds of honest miners working for the good of a coin, or just one big fat dump from a multipool they couldnt give a sh*t.   It would be very easy to spot an account dumping the sort of voluimes that these multipools are accumulating, so it would be easy to ban them or confiscate coins and give to the other investors.   That would put the multipools off.  All there needs to be is a threat posted on each exchange that multipool deposist if discovered will be confiscated, and watch how quickly those multipools will drop mining the coin.

I can honestly see no reason what so ever why an exchange would not do this.

As Ive said, if anyone has the coding knowledge to build an exchange like coinmarket, Im happy to pay for all hardware required to host it, and I would happily confiscate coins from multipools and givve back to the other holders.  Lets see where most people would go to to trade coins if they think they are protected from multipool dumps.

I also would like to see Kimoto Gravity Well added to protect from multipools.

Aiwanei
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January 31, 2014, 03:55:49 PM
 #2574

I know with the "Hype mode on" and everything it's not the best moment for this but please look into this guys and let's show the world we're a better community than doge Wink See you at the top of the tree !
http://www.reddit.com/r/LeafCoin/comments/1wn9r9/puppy_needs_your_help/

http://www.croftrescuekennels.net/Sad-Stories%282115441%29.htm

People watch out, i'm not calling anyone scammer but think twice before sending your coins to someone not authorized by the DEV


EDIT: Definitely a scam READ HERE

We would like to say a huge thank you to everyone who donated towards Ben's operation. Ben has now had the operation which was a great success. He is now in a new home with a loving family. Again, thank you to everyone who made this possible. Photos in his new home are to follow.

THE OPERATION IS ALREADY DONE, DO NOT SEND ANY MONEY!!!

Yeah I pointed that out in the reddit post.
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January 31, 2014, 03:59:28 PM
 #2575

I know with the "Hype mode on" and everything it's not the best moment for this but please look into this guys and let's show the world we're a better community than doge Wink See you at the top of the tree !
http://www.reddit.com/r/LeafCoin/comments/1wn9r9/puppy_needs_your_help/

http://www.croftrescuekennels.net/Sad-Stories%282115441%29.htm

People watch out, i'm not calling anyone scammer but think twice before sending your coins to someone not authorized by the DEV


EDIT: Definitely a scam READ HERE

We would like to say a huge thank you to everyone who donated towards Ben's operation. Ben has now had the operation which was a great success. He is now in a new home with a loving family. Again, thank you to everyone who made this possible. Photos in his new home are to follow.

THE OPERATION IS ALREADY DONE, DO NOT SEND ANY MONEY!!!

Yeah I pointed that out in the reddit post.

Actually he managed to get I think 40K + 1000 from a poor CPU miner + maybe the 120k from the one there.

Mmmh. Maybe I should setup a scam too, it seems people is generally retarded and willing to give free money Cheesy
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January 31, 2014, 03:59:37 PM
 #2576

Difficulty                    109.43375058
Est Next Difficulty    180.92652746

So what now?
C3ALL
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January 31, 2014, 04:00:31 PM
 #2577

Why would people go to a pool that is involved in theft? any exchange that just "takes" coins from people is stealing.  While exchanges could do things like limit deposit frequency, or maximum deposit size to limit the ability to dump at a certain price, outright stealing the coins and giving to others will cause a major backlash and could get them in legal hot water.

What legal hot water?  Who are they going to complain to?

As long as there is a big bold notice put on the front screen that any deposits discovered to come from multipool mining will be confiscated, then where is the problem.

Just give the coins to legitimate holders and screw the multipools.  They have been screwing the altcoin market for long enough, its about time drastic action were taken to screw them.  Its not as if the exchanges will lose out - the coins will still be mined, they will still be traded, so they wont lose commission.  They will just be preventing a dump from multipools.


OK - how about this for a question....

If you now have 5M LEAF, would you rather have it on an exchange where you fear that a multipool dump could drop the value, or would you rather they be on an exchange that will not allow a multipool dump?  I know where I would rather trade.  I'd rather trade somewhere that a coin could rise and fall naturally without the fear of a massive incoming dump of coins.

The multipools have anough coins in the last 2-3 hours to drop this to 19 satoshi from 27 in a blink of an eye.  So how safe would people feel about buying at 27?   Thats what keeps the values low.  Just watch what happens when these coins get dumped..  Hashcows manager will make a decent cut, exchange owner will make decent commission and the miners left will have a low price and a stupid high difficulty....

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January 31, 2014, 04:01:44 PM
 #2578

Doge survived multipools, didnt it? So can this coin.

The best you can do about the multipool problem is to implement the gravity well.

Its unreasonable to assume  that an exchange can take action against people who manually trade there.
Steal their coins? Are you serious? The multipool operators would always find a way to dump the coins,
they can create as much accounts as they want, use different IP-s, TOR, etc.

It's not a solution.
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January 31, 2014, 04:03:04 PM
 #2579

Difficulty                    109.43375058
Est Next Difficulty    180.92652746

So what now?

What will happen is this...  If the price stays solid and the multipools dont dump, then it will be mined until diff change. We will then have high diff and once the pools dump, low value.

Or, the pools will dump before the change of diff, the value will drop - they will leave and go somewhere else. then next diff estimate will drop, when it does, price may rise back again, the multipools will arrive again just after the diff change and screw it again.   Its the same pattern with every single coin that these tossers multipool on.

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January 31, 2014, 04:05:33 PM
 #2580

Difficulty                    109.43375058
Est Next Difficulty    180.92652746

So what now?

We'll keep on mining after the diff jump, since I HOPE multipools will probably leave it switching to a more profitable coin to hammer down, waiting for the next diff adjustement which will be fixing it.
I am so sad, I started mining on multipool too, thinking it was a good move. Instead it's just shit, now I realize it. Moreover, I was left with some shitty useless coins in the order of 1/2 which were totally useless and even untradable since the min limit on cryptsy... Bad experience

@CoinMarket - The excessive hassle required for dumping that money will scare off multipool owners from that specific coin/exchange, all they want is easy BTC's, not working hard for them.
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