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RE: LEO Could Go 1000x In the Very Near-Term | On-Air Math in the LeoFinance AMA

in LeoFinance3 years ago

Let's get conservative here and aim for 100X. I'm not saying 1000X is beyond us. With the way dollar is going, we may actually get there. But if you keep your expectations low, it is hard to get disappointing. LEO is extremely undervalued and I probably don't have enough of it. But trust me when I say that I'm going to HODL and add more on top of it. 🚀🚀🚀
!PIZZA

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With the way dollar is going, we may actually get there.

Not sure what this means. There are many ways to value LEO. Of course, the main way is in swap.hive.

That said, you do realize the dollar is rising?

Posted Using LeoFinance Beta

Maybe he means, with the way the dollar is being printed from thin air into oblivion in the past couple years.

Yes, this is what I was thinking of.

The long term trend for dollar has been a decline in purchasing power. This means the prices of things can be valued in very high dollar amounts much more easily. The value of cryptocurrency (including LEO) will easily end up being worth more USD thanks to rampant inflation. I'm not expecting hyperinflation, but we are already seeing some high inflation. You could call it superinflation if you want 😃