At one point in time Bitcoin was worth pennies. Literally pennies.I'm sure you all heard the story of the guy who has to spend 10,000 in BTC just to order a pizza. But now bitcoin is worth more than 22k a piece and the price might even go higher from here. There is a chance we could see a 100k Bitcoin in a year.
Now I don't think anyone here bought Bitcoin for less than a dollar. And if you did I'll take a Lambo in red please :p. But what a lot of us did do and still can do is buy Leo for a quarter. I'm not saying Leo is Bitcoin, but Leo at $10 or even $100 is very doable if the alt market wakes up. You are looking at the chance for those 100-1000x gains that you missed out on with Bitcoin
Low Supply
One of the reasons that Bitcoin made it to the number that it did is that there are only so many bitcoins out there. The supply right now is around 18.5 million.
Right now the supply of Leo is only 4.5 million. That is an incredibly low number for a coin with a website that has new users coming in everyday. And most of those coins are locked up in defi and staking. With such a low supply you can see a lot of gains with this coin if a run happens.
Working Product with Ease Of Use
Leo is one of, if not the only, dapp right now where all you need is Twitter to sign up. It is easy to use and posting is just as easy as any other non-blockchain blogging site. It is free to use and it pays you for your content. There is no reason we cannot have a large user-base here and that means a lot of value for the Leo coin.
The dapp space has yet to have a killer dapp and this can one of them that does really well. It is wide open for blockchain dapps and there is no limit to how big they can be.
Bitcoin Might Be Worth A Trillion Dollars In Market Cap
If Bitcoin doubles from here we are closing in to the Trillion dollar market cap. Right now the market cap of Leo is only around a million. So you see why I say 100x-1000x is very achievable with this coin.
I'm not saying Leo is Bitcoin, they are completely different. But if money goes to alt coins and dapps you never know how high they can get. Nobody thought Bitcoin would get to this point when it was under a dollar.
Imagine a mainstream dapp with revenue coming in and a very low supply.
Like always cryptocurrency is a risk and only invest with money you can afford to lose. Just saying if you are looking to make take the chance Leo is a great option when it comes to risk and reward.
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Leo will definitely grow when all this crypto frenzy translates to 10X users on the platform. Since LEO value will depend on usability and user interactions, onboarding of users will be the most important thing. And, we can have more onboarding if we have meaningful engagements and unique/readable contents. Keep up the good work.
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@khal is hodling until LEO is worth more apiece than BTC.
Leo is showing the way. It is not so much just money rolling in. Instead, it is users, engagement, development, and expansion. Others are building projects that are tied to it like LBI which provides even greater use cases for the token.
This will help to forge the desire for the token over time unlike many others that are trying to monkey around with things such as inflation.
Leo is excelling because there is growth on many different levels.
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Got to love that dedication for Kal.
Once we really start to grow and see new users pour in it will be like a snowball of momentum.
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I would love it if Leo had that potential. I would say branding is the key to any ample growth for Leofinance.
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Stunning write, exactly true, Irrespective of the fact that Leo isn't BTC whatsoever. It's got the potential to be something different and even bigger in the future. I take a look at the fact that we have a working structure and this is the prospect people should be willing to build into. I'll take my chances with Leo because I also believe in it.
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Thank you for the kind words.
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I love CHEAP LEO!
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It definitely makes me want to consider moving some money around and seeing what I can pick up. I have some alts that are just finally starting to pop a bit. It might be a good idea to move a little of that into Leo. I have been moving most of my liquid Hive into Leo already, but I might want to hedge those bets a little bit.
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All true, LEO has enormous potential and probably not even we ourselves are fully aware of it. Bitcoin is the breakthrough element for now but then all the others will come behind it. Let's take advantage of accumulating LEO now before it's too late
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You are making a lot a salient point here. Yes, Cryptocurrency is all about risk and just like you say, Leo seems to be a good risk and a better chance for someone to take. Who knows, Leo can become more worthwhile in the nearest future
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having twitter be all you need is a game changer
Every story has a beginning, and whoever really has the money to seize that moment... Certainly will be rewarded in the very near future.
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The main inconvenient I see is the fact that is not as easy to buy LEO with fiat as buying BTC. Imagine LEO token to be listed on Coinbase or Binance. The most similar we have is WLEO, but the user needs some knowledge about it.
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