Direct from the desk of Dane Williams.
Gah, what a fucking mess.
Just when I worked out how to chart wLEO on CoinTrader, some hacker piece of shit has to go and wreck the beautiful chart.
Take a look below.
Wrapped LEO/Dollar 4 Hourly:
Ruined.
"I'm loving that we now have access to LEO charting on platforms actually designed for technical analysis."
"I'm really looking forward to seeing some of the wLEO chart setups and technical analysis that the LeoFinance community comes up with going forward."
-cry.
It's the fucking 2015 Swiss National Bank's EUR/CHF price peg all over again.
After 5 years, I haven't touched a EUR/CHF chart because of the mess they caused to the charts.
Okay, that's enough crylaughing, let's get onto the serious stuff.
Where to now for wLEO and Most Importantly, LeoFinance LEO Itself?
If you haven't read it yet, go and have a read of the official update from the LeoFinance team.
The two biggest takeaways should be as follows:
- This was a wLEO exposure, not a LEO exposure: This means that the layer-two Hive token is completely safe. You can already see the LeoDex LEO price rebounding.
- The LeoFinance project as a whole will keep going: wLEO was just a small part of the overall LeoFinance project. While this setback certainly hurts, it's not the end of the road.
I wanted to end with a shoutout to @khaleelkazi. I know you're going to be feeling pretty rotten right now, but you handled the problem as it was presented and minimised the damage for everyone. So thank you.
But the show must roll on and will roll on.
See you tomorrow.
Best of probabilities to you,
Dane.
FOREX BROKR | LeoFinance Blog
Daily market analysis.
Posted Using LeoFinance Beta
Well said, we will move on and keep pushing forward and supporting Leofinance!
Posted Using LeoFinance Beta
Great to have you on board :)
Posted Using LeoFinance Beta
It’s pretty crappy that it happened so fast, but at the same time it’s good to get all the bumps out early. I’m sad to see that channel break, but a hack is not a something you can predict with TA.
Posted Using LeoFinance Beta
You're right, it's just one of those things.
I'm not an active day trader of LEO anyway, just accumulating as I write for the long term.
The token isn't affected and the blogging aspect of the community isn't affected so onward we go.
Posted Using LeoFinance Beta
Great minds think a like. I'm just trying to get more tokens for blogging.
What just happened, it hurts the project to a certian level, but it's not the whole picture. LeoFinance is way more than wLEO. People love LeoFinance and what they are doing.
Something can hold the flow of water for a little time, but water will find a way to move forward. It cannot be stopped. It will become bigger and stronger than ever.
Posted Using LeoFinance Beta
Well said, rezoanulv :)
Posted Using LeoFinance Beta
Yeah it was a wleo thing but it kinda feels like a kick to the gut you know. Only thing we can do now is to keep believing in leo itself and thing will be back up better in no time.
Posted Using LeoFinance
Yeah, I feel you.
I genuinely do believe in LeoFinance from a financial blogging community standpoint though. No hacked side project on Eth will change my bullishness on the core features that make LeoFinance so powerful.
Posted Using LeoFinance Beta
Same with me too. It's all about understanding that it's not everytime we'd climb. This is an example of a bump in the road by all means. I hope it'll get better with time. It does get better.
It's a sad day for the Leofinance community.
But, if we manage to overcome this, we'll be stronger than ever!
Cheers!
Posted Using LeoFinance Beta
It's cool to see that you've stuck with the community.
Keep stacking that LEO!
Posted Using LeoFinance Beta
We must be strong now.
Posted Using LeoFinance Beta
I see that you're still buying LEO :)
Staying strong!
Posted Using LeoFinance Beta
Today 19 leo and my first 1k leo💪
Posted Using LeoFinance Beta
This screwed chart helped LEO to gain more users that is also good for LEO.
Many users saw it as opportunity to buys bags of LEO.
Posted Using LeoFinance Beta
Any publicity is good publicity, right? ;)
Posted Using LeoFinance Beta