Disclaimer: If you don't like rants/ #freewrite post: Turn back now! I haven't done one of these in a while and I just bought a bottle of wine. I feel the wine doesn't offer the proper effects unless drunk all at once. If you have some time to burn and you feel like reading musings about #leofinance: Buckle up!
The topic I would like to discuss tonight is a critique I have seen several times of #leofinance. Personally I feel it's a bit of a silly arguement, but I'm going to debunk it thoroughly anyways. The arguement is basically that Leofinance is is just spiking from all the hype and announcements etc. and that it doesn't offer a "real" service.
Certain users feel that Leo is just announcing lots of projects that are a big vague to spike the token, or even that a blogging site with social rewards [DPOS] can never go beyond X price without being rigged. [To be fair Hive conditions people against social rewards LOL] THat being said, there is no reason why a side chain like Leo can't be better handled than the Hive token ecosystem ... especially after they branch out onto other chains and have decentralized user nodes.
The Hive blockchain is a toxic hellhole so of course people have to attack the most valuated projects.
I'm not sure what people expect from Leo developers: To open a 7-11 and sell people lighters? Talk about an "ok boomer" moment ... Of COURSE scotbot, DPOS, tribe front ends are services! Not to mention Leofinance is the most popular social reward front end for Hive!
Anyways: If Leofinance isn't a real service than Peakd must REALLY be a nothing burger.
As far as the whole "Leo is hyping itself up" arguement goes: I think it's unfair. Leofinance developers have launched several projects after announcing them [Wleo, tribe updates etc.] I found a really nice timetable/breakdown of the latest Leofinance updates: It helped me understand the coming Leo projects better.
If you research the leo developer posts for each of these projects: i believe it would be unfair to call any of them hype/fluf/nothing burgers. I believe each project will be launched as described. According to the [above] comment; Cubfinance will be launching in the next few days!
i have a feeling people who complain about Leofinance are jealous and didnt buy in cheap [leo is still cheap in my opinion: Still time to buy]. Even if people are complaining unfairly, it's still worth going over all of this.
According to the above comment #Leofi "is also taking a few weeks longer than anticipated" which sounds like it will be finished soon as well. I could imagine all these Leo projects being wrapped up this month or even in a few weeks. I believe this will push Leo token prices up to $1 and maybe even higher!
As far as the whole, "Leofinance is just a blogging site:" Another very silly notion. They can add lots of different stuff to their front ends. I like to imagine Leofinance will be a one stop shop for trading. Sort of like how discord bots can show you lots of token prices at once vs actually checking each different token price website.
One thing I'd really like to see is a scrolling index of crypto prices, as well as metal spot prices and commodities. Also stocks. That way I could just hang out on Leofinance all day and look for good day trades! Leofinance would be a great central hub for day traders. Leo isn't just a place for Hive bloggers. That's just phase 1 [in my opinion]. Eventually the project will be big enough to attract non-hive users who want a central place to trade, blog about trading and hang out with other day traders.
I think we could see $1 with the launch of #Cubfinance and #bLeo and $2/3 by the end of the months.
Of course nothing in this blog should be considered personal or financial advice ... That being said I feel bad for any Leofinance haters over the next few weeks. with each project launch the price will [probably] go up ... showing Leofinance isn't riding hype. In fact, the Leo developers are updating people daily in comments and on discord. They aren't keeping things secret and pushing things back! Not to mention they haven't scammed anyone yet.
Now might actually be the golden age for buying Leo. They are still on Hive-engine ... Still on one chain ... no defi pool etc. Things are about to change in a major way! I can't prove leo is about to spike; but all signs say the token will go green soon in a big way. Of course some whales might sell off at $! and certainly at $2 ... but I believe this could start a nice snowball that really gets Leo going and maybe even puts the Hive Blockchain onto the map!
Posted Using LeoFinance Beta
I havent seen those arguments made but, yeah, they are pretty stupid. The fact is Leofinance is excelled at announcing initiatives and following them up with roll outs. Sure, development often takes more time than expected, that is the same for all.
As for people looking at the few weeks as a knock against Leo then what the hell is the two years it is going to take Ethereum to complete their updates (if they are on time with them)?
The simple fact of the matter a lot is happening with Leo, probably too much in such a short period of time but then when the opportunities are there, you have to go for it.
Naysayers tend not to win in the end because they whine and complain but sit on the sidelines.
Those who are in the game and take action end up winning. Sure there are misses along the way, that happens. Nobody is perfect.
But to think that Leo isnt going anywhere and produce anything is pretty foolish.
Posted Using LeoFinance Beta
@taskmaster4450le Naysayers are always everywhere jumping into wrong conclusions and making so many wrong predictions and always taking negative,they can never see anything good about anything so they are better ignored.,whether they like it or not,the fact is that LEO is growing and will continue to grow,and nothing will stop them...
Posted Using LeoFinance Beta
Who can tell if the photo has already been taken? can you unlock some of the coins?
Posted Using LeoFinance Beta
I saw a comment on how the screenshots work ill try and find it. I dont think any tokens have been airdroped yet, but the first screenshot happened.
Dont quote me on that.
@ecosaint