[ANN][LEAF] LEAFCOIN - Android wallet launched

[destructor3]

If cryptsy implimented a ban on multipool deposits, and also added LEAF, how many people do you think would continue to trade on coinmarket?

This will never happen.
And you are wrong about 500%.
Leaf represents one third of our total volume right now.

So why can't you just try to stop the multipool? We said you don't have to steal their money, just reject their deposits if you find one. Maybe they'll get smarter and avoid your controls, but at least you tried and we'll be thankful anyway towards you


(Dem buywalls though. Great community people! Keep up the good job)

[splawik21]

12 BTC buy wall just got munched thanks to the multipools.   I have never said this about a coin before, and Im sad to say it now, but unless drastic action is taken against these pools by way of gravity well and exchanges this is dead imho.  They are mining enough coins in just a couple of hours to destroy the buy orders down to well under 20 now.

16 BTC wall It`ll repeat again, you`ll see....

[Pattes]

Yeah great 16 BTC wall I hope it'll last. And if it doesn't I'll buy the injured leaves to heal them and make profit...  

[cryptoatc]

Yeah great 16 BTC wall I hope it'll last. And if it doesn't I'll buy the injured leaves to heal them and make profit...  

Well at least someone is buying cheap leafs...

[C3ALL]

If cryptsy implimented a ban on multipool deposits, and also added LEAF, how many people do you think would continue to trade on coinmarket?

This will never happen.
And you are wrong about 500%.
Leaf represents one third of our total volume right now.

Leaf has 24 hr volume of just over 210BTC.  others total 102.  So its 2/3 of total volume.  So yes, I was wrong with 500%, its only a 200% increase.

The only reason that it wont happen is beacuase the exchanges dont actually care about the communities they serve.  They are interested in the fees, and thats all.  They dont care if it comes from a pool dumping, or individual miners.  Im not deluded enough to live in some socialist ideal world where you may think that serving the little guys would serve your interests.  Even posing the threat that this action may be taken could be enough to put off some pools, and thats very easy to implement.  The fact you are not open to this idea demonstrates quite well that the fees are the only thing that matters, and not where they come from.

Dont you think it a little short sighted to not even try to implement some method of discouraging the multipools.   There has been 211BTC volume in 24 hours.  If the multipools kill this, then how much volume will there be then?

Up to you, I really couldn't care to be honest, Im just pointing out basic ideas and steps that could be taken to not only improve the value of this ALT, but all others, and provide increased revenue for the exchange at the same time.

[aaron_m]

http://www.cryptofolio.info/ have now added leafcoin

There donation address: fTjQ65BL8gDKh1FvBbGH4hyhPA3ufxFrxD

[ress]

If cryptsy implimented a ban on multipool deposits, and also added LEAF, how many people do you think would continue to trade on coinmarket?

This will never happen.
And you are wrong about 500%.
Leaf represents one third of our total volume right now.

Leaf has 24 hr volume of just over 210BTC.  others total 102.  So its 2/3 of total volume.  So yes, I was wrong with 500%, its only a 200% increase.

The only reason that it wont happen is beacuase the exchanges dont actually care about the communities they serve.  They are interested in the fees, and thats all.  They dont care if it comes from a pool dumping, or individual miners.  Im not deluded enough to live in some socialist ideal world where you may think that serving the little guys would serve your interests.  Even posing the threat that this action may be taken could be enough to put off some pools, and thats very easy to implement.  The fact you are not open to this idea demonstrates quite well that the fees are the only thing that matters, and not where they come from.

Dont you think it a little short sighted to not even try to implement some method of discouraging the multipools.   There has been 211BTC volume in 24 hours.  If the multipools kill this, then how much volume will there be then?

Up to you, I really couldn't care to be honest, Im just pointing out basic ideas and steps that could be taken to not only improve the value of this ALT, but all others, and provide increased revenue for the exchange at the same time.

I think that the first pool that stood up against the multipools would gain a lots of respect from the miners! Everybody wins!

[Pattes]

I think you meant the first exchange How can a pool stand up to multipools ?

[wn666]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

[virtualdn]

my faucet stopped working, tried several web hosts and still says it cannot connect. the wallet works fine, i wonder what the problem is, considering other faucet owners experienced problems lately.

[Last1212]

Can we contact coinedup and ask them to deny usage api for leafs?

[Sparkzor]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Then they could change the laws at the exchange!
"If you are auto-depositing from a multipool and selling your account will get locked for 24 hours, then 48 hours and the third time it gets locked and all the coins you had in your account belongs to us! This doesn't affect regular daytraders in a negative way"

[crike]

Or why not make a coin thats multipool resistant? Like CASH for example, Im sure there's others as well

[wn666]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Then they could change the laws at the exchange!
"If you are auto-depositing from a multipool and selling your account will get locked for 24 hours, then 48 hours and the third time it gets locked and all the coins you had in your account belongs to us! This doesn't affect regular daytraders in a negative way"

Coinmarket has no API, theres no autosell. And blocking out a lot of selling pressure does what? Artificially manipulating the market?
Get it into your brains, FREE market, no rules. Thats how the game works.

[Sparkzor]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Then they could change the laws at the exchange!
"If you are auto-depositing from a multipool and selling your account will get locked for 24 hours, then 48 hours and the third time it gets locked and all the coins you had in your account belongs to us! This doesn't affect regular daytraders in a negative way"

Coinmarket has no API, theres no autosell. And blocking out a lot of selling pressure does what? Artificially manipulating the market?
Get it into your brains, FREE market, no rules. Thats how the game works.

Ah, you're one of those who is undercutting the price all the time!

[wn666]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Then they could change the laws at the exchange!
"If you are auto-depositing from a multipool and selling your account will get locked for 24 hours, then 48 hours and the third time it gets locked and all the coins you had in your account belongs to us! This doesn't affect regular daytraders in a negative way"

Coinmarket has no API, theres no autosell. And blocking out a lot of selling pressure does what? Artificially manipulating the market?
Get it into your brains, FREE market, no rules. Thats how the game works.

Ah, you're one of those who is undercutting the price all the time!

Nope, not touching this coin with a single mh/s or trade.
But this is supply and demand, free market.
Exchanges are not police, they can't take anyones coins or manipulate the market. Then its not an exchange anymore.

[mcg]

my faucet stopped working, tried several web hosts and still says it cannot connect. the wallet works fine, i wonder what the problem is, considering other faucet owners experienced problems lately.

virtualdn can you zip your debug.log and pm me with download location?

thanks

[cryptoatc]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Then they could change the laws at the exchange!
"If you are auto-depositing from a multipool and selling your account will get locked for 24 hours, then 48 hours and the third time it gets locked and all the coins you had in your account belongs to us! This doesn't affect regular daytraders in a negative way"

Coinmarket has no API, theres no autosell. And blocking out a lot of selling pressure does what? Artificially manipulating the market?
Get it into your brains, FREE market, no rules. Thats how the game works.

Ah, you're one of those who is undercutting the price all the time!

Nope, not touching this coin with a single mh/s or trade.
But this is supply and demand, free market.
Exchanges are not police, they can't take anyones coins or manipulate the market. Then its not an exchange anymore.

Not touching this coin???

Well it was payed off well for me.

And still holding...

[C3ALL]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Lets not pretend that because cryptocurrency has no "laws", that we can also set aside morality too.  As you, and many others would agree, these multipools are having nothing but a negative effect on any pottential coins growth.  Whether they kill it alltogether (which has happened to others) or just stunt it, its a negative effect.

A bank can refuse to accept a customers business, a bar can refuse to serve, everyone has the right to refuse service, even exchanges.

Individual miners or mining pools have zero power what so ever to stop this.  Developers could choose to implement gravity wells/quick difficulty retargetting, but ultimately the process of a huge pool vastly skewing the figures and then dumping in the market is counterproductive to the entire microeconomy of an individual coin.  The fact they play whack a mole with the whole range makes it even harder for any coin to become successful in its own right.  Thats why they all blend into one great big cloud of coins affectionatley termed "shitcoins" by many.

The only block between these multipools and them cashing out their gains, leaving a trail of high difficulty and low values, is the exchanges.   If an exchange took a stand and declared it would take any and all necessary actions to prevent multipools from trading there, many miners would go to it as an exchange of choice becasue they would feel somehow protected against the dumps.

As you say it is in the power of the community rid themselves of these multipools, but there is only so much that a single miner can do.

If you do what you have always done, you will get what you have always got.   If you dont do it, you will never know what would have happened if you did do it.   Its fairly simple to post a warning that any deposist from multipools will be held, and returned if confirmed that they came from a multipool.  A simple warning may be enough to disuade them, but unless somebody tries, we will never know.

[wn666]

So we are promoting the exchanges to police, judge, jury and correctional institutions now?
Exchanges list coins in good faith, its is the communities, miners and traders that decide on how this will go. Any coin with good community, good development and sound concepts can archive success.

Say i have my money in a bank, the bank director doesn't like me or the way i do business. Does he then have any claim to take my money? As long as the rules are followed exchanges can't do anything.
I personally agree that multipools are frustrating, counterproductive and a cancer on the crypto community but you are barking up the wrong tree sorry!

Lets not pretend that because cryptocurrency has no "laws", that we can also set aside morality too.  As you, and many others would agree, these multipools are having nothing but a negative effect on any pottential coins growth.  Whether they kill it alltogether (which has happened to others) or just stunt it, its a negative effect.

A bank can refuse to accept a customers business, a bar can refuse to serve, everyone has the right to refuse service, even exchanges.

Individual miners or mining pools have zero power what so ever to stop this.  Developers could choose to implement gravity wells/quick difficulty retargetting, but ultimately the process of a huge pool vastly skewing the figures and then dumping in the market is counterproductive to the entire microeconomy of an individual coin.  The fact they play whack a mole with the whole range makes it even harder for any coin to become successful in its own right.  Thats why they all blend into one great big cloud of coins affectionatley termed "shitcoins" by many.

The only block between these multipools and them cashing out their gains, leaving a trail of high difficulty and low values, is the exchanges.   If an exchange took a stand and declared it would take any and all necessary actions to prevent multipools from trading there, many miners would go to it as an exchange of choice becasue they would feel somehow protected against the dumps.

As you say it is in the power of the community rid themselves of these multipools, but there is only so much that a single miner can do.

If you do what you have always done, you will get what you have always got.   If you dont do it, you will never know what would have happened if you did do it.   Its fairly simple to post a warning that any deposist from multipools will be held, and returned if confirmed that they came from a multipool.  A simple warning may be enough to disuade them, but unless somebody tries, we will never know.

So exchanges are police then?
If anyone sets artificial boundaries then its not a free market anymore, and once we cross that line....

Don't get me wrong, i think multipools are the scum of the earth, but there are measures coin developers can take. Gravity well.
I'm sure coinmarket would abide if the whole damn community decided that multipools should die, i would gladly put my vote for shutting them down.