Anyone have any thoughts on what is going to happen to the price of LBI after the hardcap tonight? I'm very interested in your opinions as I've been seriously accumulating it for the snapshot likewise tonight.
Basically, in addition to the snapshot reason, I've been using LBI as a sort of savings account with the intent to convert some back to HIVE this coming week to put into CubLife.
Your input will be greatly appreciated.
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I'm not sure what is going to happen right after the cap but I think in the future the price will go up
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I dont think much will happen immediately. I dont think there is enough volume. Over time, if the interest keeps growing as well as the value of the project, we should see the price on the market exceed what the value is posted each week.
But it will take a while in my opinion.
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Thanks. That's what I kinda thought as well.
As long as it doesn't tank I'll be fine. I need to sell off a chunk for CubLife, but I'm planning on retaining a chunk and make future adds.
Your opinion is appreciated.
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Anything could happen I guess, but I don't see it tanking anytime soon...
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I don't know but I think it depends on the actual market. The price won't go up right away but it should mean the supply on the market will dwindle over time. I think its highly likely that some people will sell out after the snapshot and there will probably also be dumps when HIVE pumps.
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There is no telling. Things can be strange here on HIVE. We will just have to see.
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