RE: Where do we go from here? by taskmaster4450le

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hive-167922 · @taskmaster4450le · Nov 6 '20

$0.04

Hive is already well ahead of Leo.  It has a market cap of $40 million whereas LEO is about $1 million.  The size of the two are not even comparable.  It is like lining up a Sea-Doo next to an oil tanker.

It will take a lot more to get Hive going, but there are paths that is can explode.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@taskmaster4450le/re-frot-41yjsl)

👍 frot

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@frot · Nov 7 '20

I was just meaning price, rather than size. I think they will both go up, but right now the price of Hive is way too low

👍 taskmaster4450le, onealfa.leo

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@jrcornel · Nov 7 '20

$0.05

They can really only be compared in terms of market cap, not price. In that regard HIVE is a $40 million market cap project while LEO is an $800k market cap project. This is exactly why LEO can easily go up 2-3x without too many things going right. Get a couple right and it could go 10x-20x. That would still make it worth fractions of HIVE though.

👍 frot

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@frot · Nov 7 '20 (edited)

Exactly a month a ago we were discussing the price of Hive vs Leo. I made a note in my diary to check prices today.

On Oct 8 I said I thought Leo was overvalued in relation to Hive and that it was not a good time to swap Hive for Leo, it would be better to wait a while. 

It was pretty close in the end with Leo down 26.4% and Hive down 24.8%

So I was right but it made bugger all difference. Today I will make exactly the same call for the next month and make a note to check on Dec 8.

Where is the best place to see the historic price charts of Leo?

As far as Hive prices going up this is along the lines I'm thinking:

https://peakd.com/hive-167922/@taskmaster4450/hive-is-starting-to-get-very-exciting

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