Well, I think there may be many factors contributing to the decline of LBI requests. One of it would have been the increase in price to 1.1 LEO. For me, the shift sounded early. At least 3 months would have been allowed. On the other hand, some persons bought into LBI when LEO had scaled to 4 HIVE and looks like they're running into a loss with the recent price. I think we should re-issue LBI at 1 LEO for now till end of Feb.
Posted Using LeoFinance Beta
You cannot link LBI with HIVE and LEO at the same time. It is based on LEO, so the HIVE price doesn't matter when you look at it closely.
What else do you do if HIVE price goes up but LEO doesn't or LEO goes up but HIVE doesn't? This otherwise puts us in a dilemma when trying to consider both.
LBI is based on LEO and so it doesn't matter if HIVE rises or falls, what matters is how the price of LBI compares to LEO.
LBI was created to more or less invest and earn LEO