Dagger75
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February 25, 2014, 12:48:45 AM |
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We're up to 1180 Votes right now which isn't bad for Just getting added. But as someone else just said, we All need to be Voting atleast Several Times a Day and this will pay off for ALL of us if we just put in alittle added effort. So if you are wondering to yourselves, Why is the price going down still? Be pro-active and see what little things you can do to Help... like promoting LEAF thru Social Media, Voting on www.mintpal.com/voting, or posting some positive information about Leafcoin on various Forums. Leafcoin is a great coin for a very good cause and will be consistantly developed but it needs help from us, the community, to Promote it and let others know about this Gem of a Coin
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1stbet
Newbie
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Activity: 45
Merit: 0
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February 25, 2014, 03:58:46 AM |
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voted on mintpal.
Where are you guys who were very active in the thread couple of weeks before....discussing about mining, blocks, difficulty, multipools ?
come back, join the discussion.
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Dagger75
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February 25, 2014, 04:10:36 AM |
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voted on mintpal.
Where are you guys who were very active in the thread couple of weeks before....discussing about mining, blocks, difficulty, multipools ?
come back, join the discussion.
I like your attitude We just passed Fedoracoin (TIPS) a couple minutes ago. Keep on voting!
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farmor30
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Activity: 39
Merit: 0
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February 25, 2014, 07:43:47 AM |
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Great job guys, its nice to see you´r working so dedicated in this coin looking forward to be able to use this coin on the WEB. lets gets this coin back on track, we really need to stop selling for below 0 lets get it back to its rightfully 25 SAT. it might take weeks/months, but i really believe this coin can be really attractive.. keep up the good work DEV
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DarthNoodle
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Activity: 50
Merit: 0
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February 25, 2014, 08:52:48 AM |
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i have been voting several times but i'm not sure what will reverse this trend to be honest. that said almost all other coins are in a downward spiral at the minute. i just hope the trend breaks eventually, at least one thing which we can be grateful for and that is the DEV is both responsive and active
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mcg (OP)
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February 25, 2014, 09:04:55 AM |
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the sell pressure needs to be gone. we hope this happens on next blockhalve.
if not, we might modify something on the software.
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nrg_wolf
Legendary
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Activity: 882
Merit: 1000
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February 25, 2014, 09:09:50 AM |
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what is happening to the value of leaf, it has'nt stabilized just going down slowly....
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mcg (OP)
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February 25, 2014, 09:23:12 AM |
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there are four things going on:
- first we have the constant sell pressure from the middlecoin pool. Because our normal mining net hashrate is low, difficulty drops often below 17. That triggers multipools to get in here and get few blocks fast which are converted to btc immediately. Hence a continuous sell pressure. KGW doesnt change that ( as most ppl think its an weapon against multipools: it is not. it prevents getting stuck )
- second, we have a whale @ leaf. Perhaps two. These are buying from the multipools at low levels and reselling at 1 tick higher. Meaning the whale make +/- 16% on every turned coin. To continue the process ( because lower price == more profit, imagine buy at 1 and sell at 2, that would make 50% @ every turned coin ), the whale puts up sell walls to push the price further down.
- third, devs are working on projects and are not completed yet.
- fourth, we are a very young coin. And we are not the only coin undergoing this process. Most new coins experience a similar behavior.
in short: we are pushed down and its heavily manipulated. just because of the greedyness of others.
dont feed the whale and keep the price up. if you buy, buy at buy wall price. the multipool will dump into it and you will get coins eventually. be warned though... next blockhalve is on its way... so if you decide to buy at buy wall price, calculate how much btc is converted each day by these multipools and how long it takes before a buy wall gets eaten away up until your buy order. If it exceeds 1 march 2014.. then there is a real chance that you cannot buy (back) using the buy wall price.
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DarthNoodle
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Activity: 50
Merit: 0
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February 25, 2014, 09:57:59 AM |
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i thought the next block half was 31 days after the previous one? didnt we just undergo a block half.. or do i need to go buy another cup of coffee ;-)
i think the multipools might ease up if the reward half's again!
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mcg (OP)
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February 25, 2014, 10:11:32 AM |
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i thought the next block half was 31 days after the previous one? didnt we just undergo a block half.. or do i need to go buy another cup of coffee ;-)
i think the multipools might ease up if the reward half's again!
Hi, Every 10,82 days there is a blockhalve. This is mentioned in the oppost as well. Next one is scheduled for 1 march, block 45000 Maybe coffee is a good idea.. i am gonna get some as well Cheers
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DarthNoodle
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February 25, 2014, 10:13:58 AM |
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lol, definitely looks like i need more coffee, thanks for the info. also, have you looked into the TX mal attack used on GOX. is the coin vuln to this? i can see people starting to target altcoins soon and it could be one of the first to resolve the issue ;-) (if the issue is indeed present). i thought the next block half was 31 days after the previous one? didnt we just undergo a block half.. or do i need to go buy another cup of coffee ;-)
i think the multipools might ease up if the reward half's again!
Hi, Every 10,82 days there is a blockhalve. This is mentioned in the oppost as well. Next one is scheduled for 1 march. Maybe coffee is a good idea.. i am gonna get some as well Cheers
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mcg (OP)
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February 25, 2014, 10:19:00 AM Last edit: February 25, 2014, 10:53:41 AM by mcg |
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lol, definitely looks like i need more coffee, thanks for the info. also, have you looked into the TX mal attack used on GOX. is the coin vuln to this? i can see people starting to target altcoins soon and it could be one of the first to resolve the issue ;-) (if the issue is indeed present). i thought the next block half was 31 days after the previous one? didnt we just undergo a block half.. or do i need to go buy another cup of coffee ;-)
i think the multipools might ease up if the reward half's again!
Hi, Every 10,82 days there is a blockhalve. This is mentioned in the oppost as well. Next one is scheduled for 1 march. Maybe coffee is a good idea.. i am gonna get some as well Cheers transaction malleability, if i understood correctly, only has affected gox ( perhaps some exchanges as well ).. currently bitcoin only. If it is a real problem ( some disagree, one of the core developers of bitcoin ie... they say it has more to do with how mtgox does the registration of transactions... ) and when there is a fix available, we will copy it immediately into the leafcoin code and push an update out. mtgox is dead. its offline. so at least that part is closed now. they lost 740k bitcoins? http://nos.nl/artikel/615977-grote-bitcoinbeurs-uit-de-lucht.htmlhttp://webwereld.nl/beveiliging/81471-bitcoin-in-vrije-val-door-implosie-mt--goxyou might need to translate if you cant read dutch.
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splawik21
Legendary
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Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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February 25, 2014, 11:00:07 AM |
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I cant even think aabout it. Had 1,21 BTC there but worse that I have made a move bought some at other exchange sold them at mtgox and withdraw the euro... now passes more that 1 month and money hasn`t arriveed on my account. Fuck 1,2 BTC I want that what I`ve withrawed in fiat currency. Ohh boy can`t sleep.... It won`t finish like that with mtgox...
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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aaron_m
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February 25, 2014, 11:00:51 AM |
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mcg (OP)
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February 25, 2014, 11:02:31 AM |
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I cant even think aabout it. Had 1,21 BTC there but worse that I have made a move bought some at other exchange sold them at mtgox and withdraw the euro... now passes more that 1 month and money hasn`t arriveed on my account. Fuck 1,2 BTC I want that what I`ve withrawed in fiat currency. Ohh boy can`t sleep.... It won`t finish like that with mtgox...
if you read the document http://webwereld.nl/beveiliging/81471-bitcoin-in-vrije-val-door-implosie-mt--gox on the bottom ( english ).... they will be back in about a month ( rebranded as Gox ). But still need to figure out on how to get 200k bitcoins. They made btw a shitload of money.
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DarthNoodle
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February 25, 2014, 11:29:01 AM |
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i think with the price being so low now they will make a ton of money in arbitrage!
i dont like keeping coins in any exchange long term and will only transfer in if i want to trade them and then transfer back out.
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splawik21
Legendary
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Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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February 25, 2014, 11:48:22 AM |
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I cant even think aabout it. Had 1,21 BTC there but worse that I have made a move bought some at other exchange sold them at mtgox and withdraw the euro... now passes more that 1 month and money hasn`t arriveed on my account. Fuck 1,2 BTC I want that what I`ve withrawed in fiat currency. Ohh boy can`t sleep.... It won`t finish like that with mtgox...
if you read the document http://webwereld.nl/beveiliging/81471-bitcoin-in-vrije-val-door-implosie-mt--gox on the bottom ( english ).... they will be back in about a month ( rebranded as Gox ). But still need to figure out on how to get 200k bitcoins. They made btw a shitload of money. OHHHH so the hope is.....
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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C3ALL
Full Member
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Activity: 140
Merit: 100
★ BitClave ICO: 08/11/17 ★
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February 25, 2014, 12:23:17 PM |
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coinmarket.io down again?
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CharityMiningPools
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February 25, 2014, 02:22:42 PM |
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CharityMiningPools - Donate to Charity while you Mine! leaf.charityminingpools.comWe need your help to grow! Come mine while making a difference. Mandatory 0.5% donation fee goes to the BitGive Foundation this month. We welcome and encourage you to donate more to a good cause. STRATUM, VARDIFF, Datacenter Redundant Server Farm, Load Balanced Servers, Frequent Backups Who Are We?CharityMiningPools was created to allow miners the ability to mine coins while still knowing that their hashing power is going towards something good. Our goal is to provide a positive and reliable service while delivering a small portion of the proceeds to a deserving recipient. Plans are in the works to allow individual miners to choose where they would like to donate to based on a pool of available recipients. How Does This Work?All coins minded at CharityMiningPools will require a mandatory 0.5% Donation fee. This donation fee will be collected and donated to the designated charitable recipient for that given month. Though we only require a minimum 0.5% Donation fee, we welcome and encourage our miners to raise the stakes and donate more to a good cause. Cheers! CharityMiningPools
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