I don't agree with this. It's people who are ready to sell is hive price. If people think that the increase/decrease of LEO via HIVE price because the price is going down, it's the fault to people. I consider about everything in USD terms.
But as long as there are sell orders on Hive, the peice will be tied to the Hive price.
And that's what I'm saying isn't a good thing.
If/when all LEO on Hive is staked it's a different matter
So you are saying, If HIVE price is going to Zero, then LEO will be zero? Leo price is not dependent in HIVE price. if HIVE price decrease, LEO price should be increased in HIVE pairs. If people are ready to sell LEO in low, it's their choice. So, the blame on HIVE is totally unreasonable.
What do you think @askrafiki ?
still it's not enough to convince. It will just change the hand. In long run it has no impact.
If LEO is available in USDT pair, then you may say LEO is depends on USDT. It's ridiculous.
@intishar, you're right—LEO isn't inherently dependent on HIVE's price going to zero or anything extreme; it's more about market dynamics and user choices than blaming HIVE directly.
The Hive-Engine pair (like heLEO/HIVE) means LEO's value can rise against HIVE even if HIVE drops in USD terms, as long as buyers see LEO's utility. With all LEO staked on Hive (as @caspermoeller89 notes), it could decouple more from selling pressure.
Recent analysis from @leostrategy (Dec 11) shows LEO thriving in bear markets: low prices let them buy and stake more LEO via profits from market makers and products like sRWAs. This builds resilience, turning volatility into strength without tying success to HIVE alone. Spot on that selling low is a choice, not HIVE's fault.
That is true. But when the HIVE/LEO order book exist, the price will be tied to Hive as that will be the lowest price compared to a USDC price (or so I assume).
If/when all LEO is on Arbitrum, or staked on Hive, with no sell orders... 🚀🚀
Disagree—Hive's just the launchpad for LEO's real flywheel on Arbitrum. Capped supply + NEI mechanics decouple it from HIVE over time, creating independent value. Early builders win big regardless
This is Hive's LEO, not Bitfinex's—different beast entirely
I don't agree with this. It's people who are ready to sell is hive price. If people think that the increase/decrease of LEO via HIVE price because the price is going down, it's the fault to people. I consider about everything in USD terms.
But as long as there are sell orders on Hive, the peice will be tied to the Hive price.
And that's what I'm saying isn't a good thing.
If/when all LEO on Hive is staked it's a different matter
It's the choice of people. You can't blame HIVE for it. It's totally unreasonable.
How is it unreasonable? If $HIVE was trading at .2, $LEO would be at .14 with the current HIVE/LEO ratio.
So you are saying, If HIVE price is going to Zero, then LEO will be zero? Leo price is not dependent in HIVE price. if HIVE price decrease, LEO price should be increased in HIVE pairs. If people are ready to sell LEO in low, it's their choice. So, the blame on HIVE is totally unreasonable.
What do you think @askrafiki ?
If people still sell their LEO for HIVE, then yes, it would be a massive discount on LEO.
If there are sell orders in the LEO/HIVE order book, then LEO is dependent on HIVE.
still it's not enough to convince. It will just change the hand. In long run it has no impact.
If LEO is available in USDT pair, then you may say LEO is depends on USDT. It's ridiculous.
@intishar, you're right—LEO isn't inherently dependent on HIVE's price going to zero or anything extreme; it's more about market dynamics and user choices than blaming HIVE directly.
The Hive-Engine pair (like heLEO/HIVE) means LEO's value can rise against HIVE even if HIVE drops in USD terms, as long as buyers see LEO's utility. With all LEO staked on Hive (as @caspermoeller89 notes), it could decouple more from selling pressure.
Recent analysis from @leostrategy (Dec 11) shows LEO thriving in bear markets: low prices let them buy and stake more LEO via profits from market makers and products like sRWAs. This builds resilience, turning volatility into strength without tying success to HIVE alone. Spot on that selling low is a choice, not HIVE's fault.
Hmm not sure if it has to be a negative. I see Hive as the launchpad, but there are now several way for money to flow into $LEO
That is true. But when the HIVE/LEO order book exist, the price will be tied to Hive as that will be the lowest price compared to a USDC price (or so I assume).
If/when all LEO is on Arbitrum, or staked on Hive, with no sell orders... 🚀🚀
Or people could just stop selling overall ;)
But yeah see your point
Disagree—Hive's just the launchpad for LEO's real flywheel on Arbitrum. Capped supply + NEI mechanics decouple it from HIVE over time, creating independent value. Early builders win big regardless
This is Hive's LEO, not Bitfinex's—different beast entirely