Post
Topic
Board Announcements (Altcoins)
Re: ANN - LEOcoin - Official LEOcoin thread (moderated by LEOcoin Foundation)
by
LEOcoin Foundation
on 21/11/2018, 13:32:33 UTC
But back in 2016 we paid 40000 satoshi per LEOcoin, which is 20X lose against bitcoin in 2 years. This is huge.

True, and LEOcoin price did fall and rise several times since. In 2017 we saw even 60,000 sat. which some have used to sell off. That is the way with free traded crypto; the price is the result of supply and demand.

And many new coins and tokens - especially ICOs - did fall tremendously too this year; many even by 90% or more, and for that reason I pointed at this years LEOcoin performance. Otherwise, I am of course well aware that the LEOcoin price is not very high. At least, not there where we would like to see it, so we keep on working. General market, economy and crypto developments, we cannot change. If BTC falls, all fall. It is a pity, but it is what it is.