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RE: More on why decreased inflation equates to a lower token price.

in LeoFinance • 5 years ago

That's right, boys and girls.
I am working on a project that incorporates all of this, and I'm adding my own secret sauce of proof-of-burn, which is going to destroy a massive amount of Hive/HBD in addition to other coins once the associated oracle nodes can be trusted.

Yeah, edicted really has gone crazy, and I think I like it! I’m here for this!

I’m trying to wrap my head around people not dumping if there’s a lot of inflation,...sorry but it’s what Bitcoin has made us to believe, but o do get your point and will love to explore it.

I love this post and the overall analysis you laid out. I will also like to have your opinion on the current Leo tokenomics

5 years ago in LeoFinance by
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         5 years ago 

        If you have a 1000% yield apr and tons of tokens are getting minted in the short term...
        and you are armed with the knowledge that yield will go down in the future, what do you do?

        You get greedy and stack as many coins as you can so you can dump when tokens aren't being minted anymore.

        We already saw this happen every time CUB reduced inflation.
        The party was over and the crack addicts panic sold...
        This happened 2 times in a big way.

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               5 years ago 

              True that! Well, if Cubdefi won’t take this....then we will see how Magitek will spin it off

              Posted Using LeoFinance Beta

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