Selling your stake at your desired price is a voluntary thing. As an individual, you can increase the supply in the market by selling, like you're doing but I don't think it is connected to the fact that a group of strong hands decide to lock up majority of the Tokens. If anything, I find that to be reassuring because, first of all, these people are believers in the project and will protect it all cost. Secondly, it was a free market when it came out and we all had equal opportunity to buy up the token anyways.
All I'm saying is that on one end, Leo keeps building and has ardent believers holding their stake close to their chest. It is all voluntary, as most of them don't "work" for Leo. So anybody that wants to get in, through blogging for example, can simply just blog and earn. However, if someone wants to be a part owner, the price of the token won't matter and if anything, knowing that majority of the token is staked will even encourage the investor to put their money where their mouth is.
Earlier today, I also wrote how Leo activities will inevitably rub off on Hive in the long run since Hive is the path of least resistance to enter Leo as an investor. Maybe I'm just a hopeless romantic but I think regardless of how you see it, the success of Hive engine tokens is a success for hive...with all cockiness considered of course.
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Yes, but this is definitely not my desired price. I think LEO is going well up from here.
This isn't always the case and after 4 years, I have had it proven time and time again to me. Also, yes, it was free market at launch, there was a drop to Hive stake etc - but that doesn't hold up long-term for the project, which is what is important. With the same argument, it can be said that early steem was a free market too, as anyone could have mined it - but was it the case?
As said, I have been around the block a few times with these things and while people are excited and willing to support now, that can flip very fast under various conditions. Making sure there aren't repeats of the past requires understanding what happened in the past.
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