33rd LeoFinance 🐯 curation digest

in LeoFinance3 years ago (edited)

B0C00048-2DB3-413B-A9A4-C92993580565.png

@HODLCommunity presents to you the 33rd LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

9771C8DB-637C-4146-B72A-D9C807643A6A.png

Ethereum Still Has Enough Energy To Continue To Go Higher?Next Price Target Is 4,000 $ by @cryptopoints

085D2207-56EC-4D7F-973D-0F37199C7B90.jpeg

The market topped out in ethereum there around 3,230 $ it's not a coincidence. the market in ethereum is finding buyer coincidence in the very beginning stages of the market. we need to expect the market to give us a little bit of weakness but hold on.

We can see the price and ethereum go up 3,300 dollars we need to see the market catch itself from the volume or the price to go high around 3,500 dollar. the market in ethereum you're still seeing the strength in ethereum. you're not in the position in ethereum to anticipate higher price movement based off this previous day time frame.

With the recent update, the bullish view on Ethereum has become even more popular. Since the deflationary Ethereum sounds more attractive, there are many price speculations going around.

The market is still cautious about any bull-trap as the latest bear season took much longer than the period that we are in. However, the uptrend for Ethereum is still perceived as quite possible. Even, Flippening is a possibility that is discussed!

Will there be any flippening in the near future? 🤓

9771C8DB-637C-4146-B72A-D9C807643A6A.png

A Tweet ScreenShot Is Giving His Take On Ethereum by @readthisplease

image.png

Jack Dorsey is known to be one of the Bitcoin Maximalist who has decided that bitcoin is the best and there is no one above it. He is known for promoting just bitcoin, and for someone that believes on its decentralized nature, he is the CEO and creator of Twitter. Twitter is a social media platform that is centralized where content creators don’t own their content but the platform. Twitter makes massive money from its platform but the users don’t get a penny from utilizing it. So Twitter is like Hive but centralized.

He sold his first tweet NFT, and he was paid in Ethereum, he quickly converted the Ethereum to bitcoin and didn’t hesitate to donate it to charity. But Twitter bought some Ethereum when they wanted to mint some free NFTs to donate.

Jack is one of the most popular Bitcoin Maximalists ever known. While he is a decentralization-minded centralized social media manager, he is trying to contribute crypto ecosystem for some time. Here is a questionable thing that happened: He took a screen shot of a tweet that criticizes Ethereum being premined and not trustworthy as assumed. I question whether it was necessary or not 🤔

9771C8DB-637C-4146-B72A-D9C807643A6A.png

Bitcoin: The World Isn't Ready. by @johnwege

AA6A6C04-E898-4F88-BF25-DBEB0C65F162.png

When bitcoin reaches a price of 100k there will be rush towards it, and when the prices goes over 200k they will all-out sprint. Not by the public, but by corporations and potentially countries. Unfortunately there are far too many people out there who just have no interest in their finances, or learning about how money works. These people will be the last one to enter the market. They won't enter until they are forced to do so.

People aren't ready, are you?
Have you done everything possible to accumulate as much bitcoin as you possibly could during this time? How are you earning a passive income with your bitcoin?

Not sure if people are ready for Bitcoin Standard or not. The price of Bitcoin, as the leading cryptocurrency, is still undervalued considering the inflation rates of national currencies. The growing snowball of debt, inflation and global risks push people to save themselves in safe shelters like gold or the digital version of it. However, when there is another rush into Bitcoin, will there be any chance for us to accumulate more Bitcoin as we do now? IF not, is it the right time to take an action? 😄

9771C8DB-637C-4146-B72A-D9C807643A6A.png

Stake SWAP.HIVE:SIM LP to earn extra rewards from dCity by @nervi

A27D7CFF-1D91-4C1F-9559-BAA6BFB1E7D1.png

Technically it is on the Hive Engine but we all admit that we associate SWAP.HIVE and especially SIM with the dCity game. So you ask what we can get for participating in the SWAP.HIVE:SIM pool. Currently there are prizes of SIM tokens and BEE to be shared. Depending on the percentage of shares we have in the total pool, the higher the reward will be. Rewards are sent automatically to our Hive Engine wallet every day.

Another big change is that the SIM that is in the LP pool counts towards our overall SIM Power. However, it continues to work on such a 30 day average basis. This way we don't have the conundrum of whether to take part in the pool or leave our SIM idle. I think that under current conditions the former option is much better.

The game DCity has been adding great utilities to its interface. Operating on Hive Engine, SIM liquidity pool provide users an opportunity to turn their SIM tokens into a Decentralized Finance token. By successfully following GameFi model, the game took it into another level. Honestly speaking, I adore such use cases that are integrated into blockchain-based games.

9771C8DB-637C-4146-B72A-D9C807643A6A.png

The bulls don't give up - Here's the update on Bitcoinby @fxanalista

7F161983-0E06-4F6A-BFE8-619349617792.png

On the daily chart, yesterday's closing price shows support at the 8-day EMA (44,000). This is an important sign that the trend that started on August 4 has not broken down yet. The support from this point helped BTC to recover and the resistance at $ 46,800 came up again. So, can this resistance be overcome this week? If passed, what is the target?

As a result, as seen on the daily chart, the ultimate goal of the bulls is to pass $46,000 smoothly.

From the technical perspective, $45k is one of the support areas that is expected to be held by Bulls. While local areas do not make much sense for sharp moves by Bitcoin, it does affect the whole market sentiment. According to the author, $46,800 stands as the resistance level for the price of Bitcoin.

Tell us what do you project for the price of Bitcoin 🕵🏼‍♂️
Are you bullish or bearish? 🦍

image.png

image.png

This post is created by @idiosyncratic1 to curate quality content on LeoFinance.

Hive on !

image.png

Delegate to @hodlcommunity

If you would like to delegate some HP to our community and support us; we give you back 90% of the curation rewards on a daily basis ! APR > 12% !

We are also currently working on a LEO Power delegation service for the Leofinance Community.

By following our HIVE trail here

image.png

How to reach us | Links

Discord Server | https://discord.gg/VdZxZwn

Posted Using LeoFinance Beta

Sort:  

Thank you very much for appreciation and support :)

You are welcome dear, we enjoy your post :)


The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.