You are viewing a single comment's thread from:RE: LeoThread 2025-04-19 13:36View the full contextView the direct parentssjsasha (73)in LeoFinance • 6 months ago why the sudden urge to run for the exits?
the whales are driving the chain into the ground.
too many value extractors and not enough people bringing capital.
too difficult to onboard business.
opportunity cost is way way way too high to spend time on Hive.
I only believe in the LEO token.
finally, someone who sees what I saw back in 2016
this is a dump token, being dumped on new investors by incumbents who get paid a lot to copy paste some meh content
but, there is a lot of good here. people starting with 0 now having enough to make a difference in their day to day
I have always seen it.
You can build around it. But at this time it is better to build elsewhere.
Once a bunch of the top whales die off.
Things could change but by then the useful features will be on other chains.
would probably take years to dilute the big guys. They must be old timers who like extracting as much as they can on a daily/consistent basis instead of casing out a large chunk and taking it elsewhere to 10x
Not years just a decent amount of capital.
But for that amount I would just fork the chain.
They don’t know how to make money elsewhere.
And say they are staying out of some altruistic view.
Which is a lie
they say they don't know how to make money elsewhere because they actually don't
or else they would
however this chain, at is current stage, is in an "engage & extract" mode where that is the best way for the small or big guy to make money here
there are however a lot of good actors like LEO who have put thought and care into tokenomics that should yield results eventually