There is a huge liquidity problem with LEO so I can only see it going up. With so many projects in development like you said, I can only see more LEO locked up in pools and more users entering the platform. I personally think its more likely that the price of HIVE will go up due to RC issues but LEO will go up because I doubt the exchange rate will tank given it's liquidity.
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I think there will be quite a bit powered down after the projectblank snapshot. I'm not saying a huge percentage or anything but a decent chunk. I'm also not saying it will necessarily be sold. A lot of it may end up as bLeo or wLeo. So, who knows what the numbers will be. Either way though, I totally agree with you that the vast majority will be tied up so if new users are attracted to the site with the new projects, we could definitely see a price squeeze. Hopefully at that point they can look at maybe getting it out on a major exchange. Having it all locked up isn't necessarily completely a good thing. It needs to get spread around so the market can grow. Thanks for the reply.
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Yea I think more people will be willing to take LEO out to exchange on BLeo because the fees won't be ridiculous and there will be some power-downs. I just wonder how much of it will be added to the market and will it solve the current liquidity problem.
Posted Using LeoFinance Beta