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RE: AskLeo: "The When, How and What" of a $1 LEO 🤔

in LeoFinance5 years ago

Exchanges are important, if binance can list us it would be great. Shouldn’t be as hard since we have a direct relationship with Hive, which they are very familiar now especially after the steem debacle.

Price goes up when people buy and don’t sell. If people are planning to label their curation/author rewards as “income” then we will need some significant, consistent buying pressure to negate and overpower that constant selling pressure which was and is still present on steem and hive.

This is not “concern trolling” its a mathematical concern that has over 4 year history showing us that selling outpaced demand. EXCEPT for the period where voting bots were a thing. That sparked insane demand for steem and sbd but once that stopped the demand for steem and sbd stopped as well.

LEO needs pumpamentals.

Buying and locking is a great start.
Ad revenue being used to market buy LEO is a GREAT start.

We need more of that, get that ad revenue into a “pumping” machine. Get more users, create more reasons to buy and not sell LEO, more incentives, more things that require LEO.

We need to do it all.

Posted Using LeoFinance Beta