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Many had seen the bug over #leofinance threads wallet where you see exactly #leo has the same price with #hive. Today it is a bug but in a few months this could be the reality we have in our favor. The use case is ever growing, giving room for you and I to put some away. I did sell some for a noble reason. I hope I did go another route.
This is part of life in the financial world, you got to do what you have to do.
#Leo price has been appreciating for almost a month. it has nothing to do with #BTC or ETF news clogging the crypto sphere. It is pure supply and demand mix with the environment we are in. So far we all have 6 months to accumulate before 2024. Hard to decipher the next move, it looks into the positive every passing day.
As you can witness all around, the screws are tightening around crypto.
At first I thought it will derail the progress all over. It seems it is heading the other way. It is boosting the demand for crypto amongst the true believers. Do not think the ETF will only move the needle. It is a collection of time and events put together sustain by the organic growth.
The ETF's will play a role where big monies will come to maintain the volatility to another level. While it may not play well with everyday players of the crypto world, it will validate the surrounding blockchains around.
This is why holding #Leo, #Hive,#BTC, #BCH or else help in the long run. It has become apparent where holding the most volatile asset is the safest when time gets tough. It is volatile for a reason, higher consumption and there is little to no regulation. Having big pockets swallowing BTC will enable one thing. Higher price standard where the procrastinator is out of the picture.
From a distance the noise produces by the #BRICS against the dollar is somewhere getting traction. The Euro was in fact in the same conduit to put the dollar out. We are still watching this match enfolding with one clear winner. The world sentiment is fixated to what the dollar can do. This is why having #SEC going against crypto just to say, it is for protection, is a clear absurdity when you know where the main problem is.
ADAPTATION
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While crypto is a marvelous way for you and I to transact, it has become a headache for the banking system. If it remains below a trillion mark, I guess they will manage. Touching the 3 to 5 trillion market cap with easily 2 trillion daily volume, you guess the situation of banks closing down, giving like #coinbase room to breathe. So the problem is old system fighting new system where they are squeezing us in the middle.
Eventually it will happen. It is up to the consumers to figure out what makes sense. The banking system will always be around. Crypto will elevate it where we are all sharing the power of money. As long you have capital and patience, this is finance 101.
This is why the idea to diversify, is looking reasonable when 5% can generate a return and continue a crypto allocation. Just a quick example if you were in the market to acquire more #leo two months ago, now you have to pay 50% more for the same amount. This is what we want. This is part of inflation mixed with supply and demand. I am sure #leofinance team is working hard to continue on that trend.
Waiting on the cases of #circle, #Coinbase, #Binance.US and many more, it is true regulation is hard to come by. I forgot to mention #ripple. it has been months. The writing on the wall speculates we have to find a way to slow the growth of crypto
The crypto space is changing rapidly. It is like a gold mine where few barely scratch the surface. Due to the growth it is imperative to stay connected.
Holding #hive is a no brainer, knowing how supportive the community is adapting to the changes. Price wise it is where it can be. To early to call for a dollar/Hive when inflation is rampant. It seems to find its peak but everything you put your hands on costs more than before. If I have to find a token with stable blockchain and strong community, Hive fits the profile.
I know #HPUD is around the corner but I jumped in by powering up some #Hive today.
I will find something else for tomorrow. Keep on vesting.
Hahaaa congratulations on powering up some hive today. I was going to wait till tomorrow to do my own power-up. It's a no-brainer holding hive like you've said. As for Leo, it's great to see khal and the team revamp the tokenomics, it's look great
I still remember the days when one LEO would buy North of 5 HIVE. Wonder if we will see that again.
So @leofinance Wallet has predicted the future :P
Leo price tantamount to hive price is no bug, but its deserving of the stage where it is. The new leo app is doing pretty well and the micro-blogging mania is surely gain more of the visitors and users.
What is happening inside the realm of crypto is similar to the world outside, dollar-euro clash is a scene and same as for other tokens here on the crypto space.
Very nice to see that.