RE: Valuation of a crypto backed by assets (non-fungible): Balance between speculative value and buyback value

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Thanks for the post @dtrade. In these early days, I do not mind the selling, in fact it is welcome.

Let those who are in for the long term keep buying and powering up. Weaker hands need to be shaken out.

The key is to spread the distribution out. Hopefully there are newer people who see the potential in acquiring LEO and holding it. A few dozen of them trying to improve their stake will help to eat up the selling pressure.

Either way, I try to keep adding as much as I can. I foresee LEO being much higher in the future.



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Yes, sell pressure is also good for wider distribution. For every seller there is a buyer!

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