Being a dedicated Leofinance community member it feels a bit painful in seeing LEO tanking so hard. It looks like breaking through the ice and the ground at the bottom. At the moment of writing, it sits at around $0.14 and you can buy about six of em with just one HIVE.
I still remember my early days on Leofinance and the time when LEO was a $1 token. The ratio was in favor of LEO and not HIVE back then, but times change and markets do what they do...
Who's there to blame for such a low dollar valuation of the Leofinance community token? Well, hard to figure that one out, but my take is that CUB has "helped" in that direction as well. My take is that people selling LEO for CUB and ordinary users like myself selling LEO for HIVE have pushed it that low...
It's WEB3 and we own the damn accounts in here, that meaning we can do whatever the fuck we want with our earned, or open market purchased tokens as well. LEO at a bit over $0.10 is not the end of the world. HIVE has played on this level for many months before its bull run to over $3.
Leofinance is, nevertheless, stronk and alive. There are so many new faces popping around lately and if you look at @abh12345 engagement leagues you shall see that the top commenters over there are Leofinance community members.
That translates to a high level of engagement and a damn active comemunity. If I remember correctly, @taskmaster4450 has scored a bit over 1,000 comments in one week quite recently. He's not alone in this one, I'm no longer such an engaging user, but Leofinance is definitely strong.
If you were around here back in 2019-2020, you definitely remember the level of engagement and activity the whole blockchain had. Low prices put weak players to mute their activity, but I'm none of these. I was back then as active as I am today and will stay as such even if LEO tanks to 1 cent.
It won't, though... And you know what Leofinance branded product will revive the community token? Project Blank... Mark my words, this thing will be a game changer, it will put to shame both Splinterlands and Ragnarok and this thing will boost the price of LEO as well, way more than WLEO or CUB did.
If you believe I'm talking shit here, just screenshot my saying and will get back to it half to one year after blank is launched. This thing is exactly what Hive lacks. LEO is not dead and Leofinance is a hell of a community. The patient ones shall be rewarded, it always happens this way. Just stick around...
Thanks for attention,
Adrian
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What do we do when LEO is down?
We buy moar! 🔥
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Keep posting articles and comments.
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Sure thing. 🔥 Do more than usual because less people will be posting and you get a bigger share of the rewards pool.
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Easier to stand out, that is for sure.
People seem to operate backwards. Of course, when it comes to money, that is usually the case.
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Such people will make less crypto and spend it when the markets peak.
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Yes it always seems that way.
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Or that...;)
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While most people backs down, we must stand our ground.
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It is when people can stand out and get noticed. Like most things the majority operate in a backwards fashion.
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I don't mind getting moar of it. Makes it easier to reach my first milestones.
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I also have a milestone to reach. 15k by the year-end. It's doable!
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The only thing that worries me, personally, is that the recent decline in price will affect the overall engagement negatively. We need to boost engagement and while we're already struggling to get people more active in that department, a decline in price is definitely not what we want right now.
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It is amazing how activity seems to follow price. People cannot separate emotional.
This is actually pretty pitiful.
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People are emotional and in it for the money, unfortunately
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Money is a very emotional subject since we were all raised with scarcity. However, when people realize it is a manmade creation, they can understand it is nothing more than a game.
After all, the wealthy truly understood that. Money is not wealth, it is only a means to it.
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Spot on, but the masses don't have such an understanding.
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No they dont. In part, it was the system. We are accustomed to scarcity to such a degree that we make it emotional. Since most confuse wealth with money, they believe money is the goal. It is not. It is just a tool.
After all, like they say, it is just money.
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Short-term gains is usually of more interest than long-term gains for the "average joe", so it goes hand in hand with price.
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And it never works out well for the average Joe.
Like Buffett said: markets excel at taking money from the impatient and giving it to the patient.
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Blank will fix that.
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Crypto is about circumvention not compliance and that's what we should do.
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Orwellian state.
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Markets are insane. As long as we remember that, we can ignore what they do. Unless looking to make a buy or sell, the price means nothing.
We just keep showing up and expanding the platform. Eventually the market comes around. It always does.
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True. It's what I've been doing for over four years.
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Those who keep that outlook can overcome the market fluctuations and keep producing content. That is what is vital.
Keep filling those bags.
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And as long as we show up and are active in our various ways, we will have moar when the market comes around.
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The network effect is something Hive and Leofinance are still waiting on. We have not kicked that off.
I am certain we will have it, at the latest, with #ProjectBlank. That will be a raging success I believe.
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The price of leo should not be reason, the community is strong than ever and we must keep building and works towards more investors will come to leo
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Yes, but CUB has nowhere to fall, it seems that it is time for him to hit the wall, push off and start growing. Indeed, this will increase the involvement in LEO many times over, but while many people eat popcorn, it is difficult to predict the mood of investors.
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I wish nothing but the best to CUB investors, it's a Leo branded product after all, but some have probably dumped their LEO holdings for CUB.
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No need to look far) I am one of them, but, I tend to wait rather than panic. True, until I see the return on this project, I will not go further.
Investors are insane so catering to them is fairly foolish. We have to keep building and the price of tokens will follow. Since investors are emotional, we know the basics of building and network effect cannot be overlooked.
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I doubt it's possible to generalize here.) Even a pike, an active predator, does not immediately rush to a moving bait, it studies it for some time. Although, many consider her crazy, the one that rushes at everything that glitters)
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Thats amazing 😄
I had no idea, lol. Looks like a good opportunity to earn more.
True. You have to have the eyes to see that, though.
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The people who only show up when prices up tend not to stick around. I don't really think they contribute too much besides adding a little bit to the numbers. In a way, the community is fairly strong and all we can do is show up everyday.
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A Twitter like app that will be created by LeoFinance devs.
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The multi billion dollar question.
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Elon Musk will probably just try to buy ProjectBlank.
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It will be better than noise.cash. Noise.cash is ttash.
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