I still believe this coin can easy hit 100£+ in few months... End of 2016
If 2015 showed us anything, is that anything could happen. Last year we certainly had to cope with some difficulties, but it was not expected that it would be an easy thing to reach our goals and crypto currency incumbents will follow their own nature.
Again, for 2016 we will beg to differ and work out our plans. As LEOcoin Foundation, we for sure hope for and expect better prices, but this is not something we can influence. We first have to go through the POS procedure and see how the decline in supply and the development of demand will evolve. Furthermore, LEO Ltd. will have some projects that will be rolled out in 2016, some of which will be addressed in the upcoming interview.
Whether we will see 1£, 5£ or £100 by what time, I do not know, but I do not see any reason that we would stay at the current price level. As long as more LEOcoins are sold than mined, it is obvious that old reserves are traded for cash (or rather BTC ... for the needed anonymity), but this will not go on for ever and when indeed prices will go up steadily, as we hope for, the persons who now sell will feel very happy with their breadcrumbs and those who buy, will feel very happy with their choices.
It are miners, traders, LEO members and others who are involved, that make things happen, for worse or better. At least the LEOcoin Foundation does not suffer from cognitive dissonance, but has a clear commitment and a legitimate interest too.