An interesting discussion was held a few nights ago in The Man Cave where Leo token came up in discussion. As it appeared we're all in agreement that Leo finance is a great project that has acheived great outcomes on Hive. The achievements set out by @leofinance have far surpassed anyone and everyone's expectations.
Further discussion surrounding project blank proved the commitment from the team and the continued growth set out by everyone leading the charge.
A slight touch on LeoFi which will set a whole new level and whispers of a bleo 😱 oh we're excited. I know I am, I sunk just under $1000 into Leo. I want to do more but saving for this house build coming up.
Well an interesting topic that came up was the price of Leo in the future, someone mentioned that Khal anticipated Leo to be vued at $US10,000 in the future. I think it's important not to be sceptical and to follow someone's dream with them. Do I think it will hit $US10,000? My opinion doesn't count and if you asked people 11 years ago if Bitcoin would have broke $100 they would have laughed.
If Khal see's Leo at $US10,000 then I am in following. Leo has provided me with a great opportunity to learn, share and teach others. There are alot of people on the platform and it's growing.
$10,000 a coin would require a market cap (I think I'm still not fully across how it all works) of $US68,000,000,000. You're probably thinking that it isn't probable.
But if you look at market growth and investment in the sector it is growing on a daily basis. $US68,000,000,000 might sound like alot currently but in the near future it probably won't even equate to top 500 coins.
Crypto is booming, easing regulations are coming and more and more investoes want in.
So if it's true, that Khal sees Leo at $10,000 and he and his team are giving it their all. Than so it shell be and I'm in following the next generation leader in Tech.
What are your thoughts on $10,000 Leo and where are you retiring to blog from?
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Sounds like when @Taskmaster4459 was tslking about $100 STREM
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If LEO becomes a store of wealth because of the lack of liquidity, then I do believe LEO can hit $10,000. However I think all of this is predicated on how well the new applications and liquidity polls does to attract new users. Despite the inflation rate of LEO, we don't have enough supply to match the demand if we get more users.
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1m users and I think we will start to see a big bounce in price as more and more users compete to purchase coins will help.
Ontop of external investors and speculators.
Just need to get some of those Bitcoin HODLers spending 🤣
!WINE
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Congratulations, @melbourneswest You Successfully Shared 0.300 WINE With @jfang003.
You Earned 0.300 WINE As Curation Reward.
You Utilized 3/3 Successful Calls.
Total Purchase : 21538.785 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.295 HIVE
Yes I agree. The easiest way for these speculators to join is to put LEO on an exchange they are already on.
I don't really care if we have 1m users as I would prefer 100,000 active users compared to 990,000 unactive users and 10,000 active users.
!WINE
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Congratulations, @jfang003 You Successfully Shared 0.100 WINE With @melbourneswest.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/1 Successful Calls.
Total Purchase : 21538.785 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.295 HIVE
lets see how high it will goes. But yeah, who will think Bitcoin will worth it is now 10 years ago when the technology is still new.
Nice to focus on the price, but the development is more important. and more is coming from leo and hive
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That's true, alot of people like to focus price as they want a return on their coin. Good strong use create a good strong store of investment.
Use cases are the best way to progress coins/tokens thats why there is a push to have bitcoin accepted as a currency
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LEO has about 6.4 million coins in circulation. LEO at $10 would translate into a market cap of $64 million. That would LEO between 300th and 350th in terms of market cap.
LEO at $10,000 would put LEO's market cap at $64 billion or about 1.5 times where Cardano is at now and at a about a third of where Ethereum is.
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Yup at current market, 10 years time things might look different and we could be in a whole new place.
Dude, if LEO goes to $100 one day I could retire on a mansion, I can’t imagine $10,000. Also, mining 1.06 LEO each day would be funny.
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I need to change countries :( Leo at 100 × 2000 (current wallet size) is only a house deposit in my area.
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