[ANN][LEAF] LEAFCOIN - Android wallet launched

[TheTelephone]

I'm just intreagued about the 100% per day trading ability.  Why would anyone bother doing that for more than 20 days?

2^20 = 1,048,576

Effectively you could take 1BTC and in 20 days you would be just short of a billionaire. Hell, do it for 31 days and be the worlds first Trillionaire.

100% per investment, not 100% of your entire bankroll overall. Sorry that was unclear.

If you have 1btc and put it in a market, and get 2btc, you can keep doing that until about 4btc. At 4 btc, if you put the whole thing on a market, then you've turned yourself into a giant sell wall/buy wall. So you have to do it piecemeal for an extent.

But yeah, you can absolutely bank 100% investments a day. If you put in 100btc, though, it'll probably just sit there and drive the market in one direction or another.

At the same time, it's not unheard of for people to turn 10btc into 10 in a day, or something similar. Just smart trading and a little bit of luck, really.

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[virtualdn]

I'm just intreagued about the 100% per day trading ability.  Why would anyone bother doing that for more than 20 days?

2^20 = 1,048,576

Effectively you could take 1BTC and in 20 days you would be just short of a billionaire. Hell, do it for 31 days and be the worlds first Trillionaire.

100% per investment, not 100% of your entire bankroll overall. Sorry that was unclear.

If you have 1btc and put it in a market, and get 2btc, you can keep doing that until about 4btc. At 4 btc, if you put the whole thing on a market, then you've turned yourself into a giant sell wall/buy wall. So you have to do it piecemeal for an extent.

But yeah, you can absolutely bank 100% investments a day. If you put in 100btc, though, it'll probably just sit there and drive the market in one direction or another.

At the same time, it's not unheard of for people to turn 10btc into 10 in a day, or something similar. Just smart trading and a little bit of luck, really.

it's all about volume. invest $1 and win $100 or invest $100 and win $10000

now how about some nice free juicy leafs?

http://leafcoin.tk

[pabloangello]

I'm just intreagued about the 100% per day trading ability.  Why would anyone bother doing that for more than 20 days?

2^20 = 1,048,576

Effectively you could take 1BTC and in 20 days you would be just short of a billionaire. Hell, do it for 31 days and be the worlds first Trillionaire.

100% per investment, not 100% of your entire bankroll overall. Sorry that was unclear.

If you have 1btc and put it in a market, and get 2btc, you can keep doing that until about 4btc. At 4 btc, if you put the whole thing on a market, then you've turned yourself into a giant sell wall/buy wall. So you have to do it piecemeal for an extent.

But yeah, you can absolutely bank 100% investments a day. If you put in 100btc, though, it'll probably just sit there and drive the market in one direction or another.

At the same time, it's not unheard of for people to turn 10btc into 10 in a day, or something similar. Just smart trading and a little bit of luck, really.

You don't hear about it becouse whales do not flaunt with their daily/weekly earnings. No interest in that.

[TheTelephone]

...
So, yes, I did buy in and sold out already. Yes it had solid buy support. But nobody's pumping 100s of BTC into it, like they did DOGE, or MEOW, or LOT, or EAC, or MOON, because they're not that fucking stupid.

LEAF/BTC volume data (CoinMarket.io):

last 24h: 300 BTC
last 12h: 260 BTC

reposted.. just to shut him up twice. this coin is a week old telephone.. quit bashin on a baby it ain't right.

Haha, 260 BTC is just people buying in and playing percentages. If you guys really think they're buying in and holding because they believe in the integrity of the coin, you're dreaming.

What do you think people want to do with this coin? More people buying and playing = more volume = more likely to hit Cryptsy.

Will it hit Cryptsy? Probably. Will you be able to sell it off in the 200s, 300s, 400s, during the initial dump? Sure.

Exactly.

More than likely what will happen is you'll try and sell off 5btc worth of LEAF and only get 0.5 of it filled. Then it'll plummet.

Cryptsy traders have been burned by dumps, pumps and everything in between. They're not stupid, and nobody's running to buy 50btc worth of LEAF at 10,000sat the day it hits cryptsy. It's just not the way things work. A few of you will offload some, at the same time cutting off other dumpers, most of you will still be stuck with LEAF because nobody will buy your ridiculous sell order, and it'll plummet. Just. Like. Every. Other. Coin.

[infofront]

Do you think the block halving will actually have an effect on price?

[Last1212]

Do you think the block halving will actually have an effect on price?

I think - no

[TheTelephone]

Do you think the block halving will actually have an effect on price?

Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone.

[Hampuz]

Do you think the block halving will actually have an effect on price?

Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone.

Billions is a bit much, dont you think? 1B yeah, probably, but not several billions

[TheTelephone]

Do you think the block halving will actually have an effect on price?

Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone.

Billions is a bit much, dont you think? 1B yeah, probably, but not several billions

How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have?

[coinmarket.io]

Total amount of LEAF in CoinMarket.io is ~1,850,000,000
Only ~500M of it is in the online wallet due to security considerations.

[TheTelephone]

Total amount of LEAF in CoinMarket.io is ~1,850,000,000
Only ~500M of it is in the online wallet due to security considerations.

So, that's 1.85 bil in coinmarket alone. Then there's CoinedUp, then taking into account the number of LEAF that people are sitting on for higher prices.... yep, that's approximately 1 shitload.

[djslick]

well, as a miner i will definately be holding onto this for a good while. all the traders are probably going to have alot to buy in 2 days when it halves and all of the noobs dump. wish i had some more BTC laying around and I'd be scooping it up myself... can't handle the day in and day out of trading though, too stressful, i'm happy to mine and help re-inforce the blockchain

[TheTelephone]

Do you think the block halving will actually have an effect on price?

Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone.

Billions is a bit much, dont you think? 1B yeah, probably, but not several billions

How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have?

There's around 6,250,000,000 coins. Do you really think Hashcows has billion*s*? If so, please send me their wallet address.

6.25 billion mined. Only 1.85 billion on coinmarket.io. So, over 4 billion coins split between CoinedUp and people's pockets. Whether the pockets belong to hashcows or not, we really don't care.

[sakkosekk]

Do you think the block halving will actually have an effect on price?

Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone.

Billions is a bit much, dont you think? 1B yeah, probably, but not several billions

How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have?

There's around 6,250,000,000 coins. Do you really think Hashcows has billion*s*? If so, please send me their wallet address.

6.25 billion mined. Only 1.85 billion on coinmarket.io. So, over 4 billion coins split between CoinedUp and people's pockets. Whether the pockets belong to hashcows or not, we really don't care.

I got about 10% of my LEAF at coinmarket.

[Dafar]

Does a coin getting listed on cryptsy always increase in price?


please respond

[pumpANDdump]

let's load our guns and make massive dump

[sakkosekk]

Does a coin getting listed on cryptsy always increase in price?


please respond

Initially yes, then it plummets. This is usually the case(I haven't seen it go an other way)

[SkyValeey]

let's load our guns and make massive dump

Date Registered:    Today at 10:12:02 PM

FUDers attack again? :-)
Go ahead, dump your coins; we're holing very strong our Leafs 

[Last1212]

let's load our guns and make massive dump

TheTelephone, you made a special account to say that...

[TheTelephone]

Do you think the block halving will actually have an effect on price?

Nope. Hashcows is sitting on billions of LEAF. No substantial movement until that threat is gone.

Billions is a bit much, dont you think? 1B yeah, probably, but not several billions

How many total coins in LEAF? What's the total percentage of coins mined? How much of that percentage does hashcows have?

There's around 6,250,000,000 coins. Do you really think Hashcows has billion*s*? If so, please send me their wallet address.

6.25 billion mined. Only 1.85 billion on coinmarket.io. So, over 4 billion coins split between CoinedUp and people's pockets. Whether the pockets belong to hashcows or not, we really don't care.

That's like saying there are MILLIONS! of bitcoins in people's wallets...

So long as it's not THAT concentrated, it's not a problem...

Hell, maybe it's better being concentrated. More incentive to increase the price.

You can't compare LEAF to BTC. That just make no sense, not only in terms of size and price, but also in terms of mined-coins vs. traded-coins. If there were MILLIONS of bitcoins in people's wallets and only 0.25 million BTC in the market, then yes that would be a huge, huge problem, but that simply is not the case.

This is a week old coin, with more than 2/3 of the coins in existence sitting in peoples wallets. Very, very different scenario.