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RE: Leo Talk 4/11/2021 -Come Join Our Chat

in LeoFinance4 years ago

Its not as enticing anymore since the high taxes lowered the ROI by a ton. It's more of a grind but I think even at current rate, its about a 100% ROI in SIM. So unless you bought in near the top, I don't think people should be extremely worried.

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So once again taxes kill something?

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Yes taxes killed it. Around the time it first has a ton of taxes, there was a bunch of DCity politics posts but it failed. So the high taxes have continued to this day.

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I guess it benefits someone to have them.

Probably not the newer people.

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I'm also curious who benefits from all these high taxes that people complain about. I mean games are supposed to be fun

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The people will all the population cards since they get HIVE by stocking up on a ton of SIM or from ranking rewards.

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Well it appears those who are involved with a lot on the line like them.

I dont know much about the game but it seems like it is tougher for the newer people.

I could be wrong though since I dont play it.

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Its hard for all players right now besides a select few. The new players are seeing about a 100% APR. The latecomers who bought in nearer to the top now put in HIVE and I think the return might be like 25-35% APR since the price of SIM to HIVE dropped a ton. The old players already got their initial investment back and thus are in a good place for free returns.

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Seems like the game is now ponzi.

Or is that a bad read on it?

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