Daily Crypto Markets Live Blog: Are We Going To See The Q4 Bull Run Kick Off? (11/01/21)

in LeoFinance4 years ago

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

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The Leo community is very useful for the environment here, lots of interesting news shared by many people here.
I also promote or invite people to join here, either through Twitter or posts on Hive, because more users make the community more active.

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BITCOIN

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Burger King Giving Away Bitcoin, Ether, Dogecoin in Partnership With Robinhood

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https://news.bitcoin.com/burger-king-giving-away-bitcoin-ether-dogecoin-robinhood/

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It is spreading. That will get cryptocurrency in the hands of more people.

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It sure is going to help speed up mainstream adoption.

Not only that it is going to make more and more businesses use cryptos for their customer reward programs.

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I think that once investors will take out some profits on Bitcoin they will move to altcoins and get in some sweet deals. This is the cycle that always repeats and I think will do like this for the long future!

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Yea I hope it starts soon so we can see the near 100k BTC by the end of the year.

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I think we are already starting to see this, I have seen some good moves in the market that indicate bullish cycles for these months of the year.

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Hard to know what people are doing.

I have a feeling we are starting to see the industry fracture in terms of the correlation to each other.

That is what happens when size starts to get bigger.

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Which is a good thing.

We want each market to move independently on the back of its own fundamentals.

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I agree. I didnt mean to imply that it was not o benefit.

We need the industry to keep growing and rapidly.

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How is this for a Bitcoin prediction. It was made back in 2013. So far, much of what he proposed came to pass.

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I know people keep high hopes on getting btc to 100k and I don't care about that but I do care about the movement about altcoin because I'm holding some coin and especially hive, I can't wait to see 3$ hive.

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CRYPTOCURRENCY

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The Flippening took place in recent days; it just wasn't the one people were expecting:

Will Shiba Inu stay ahead of Dogecoin, or will it fall back behind DOGE as usually happens when a crypto reaches an ATH? As a HODLer or STARBITS, I don't care!

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I have no idea and I don't have any positions in any of them so I don't care what happens. I personally think SHIBA will drop back down after the listing hype dies down.

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I don't own any SHIB, so it doesn't affect me either way. I expect SHIB to fall back only because that's what all cryptos do after reaching an ATH-- even Bitcoin and Ethereum. After a few bull-bear cycles we'll see if it's worth the hype.

--Not that we should buy because of hype: we know better. But after a few cycles we'll know if it's a fly-by-night shitcoin or a crypto with staying power.

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I am not a fan of shit coins. All this madness about Shiba Inu has not pushed me into investing in it. Shiba will certainly dip when the time comes.

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I'm not a fan of shitcoins either, but it's worth investing a little to hope for growth, just in case.

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Yea I am not a fan of coins without much utility either.

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No one is saying for you to spend money on SHIB. It's not for everyone (even if everyone can buy it). For those interested in it, it's a lottery ticket: if nothing happens, no big loss; if it moons, it can be the best thing to happen for people in at least 2 years. Even for people who spend money on SHIB, it doesn't mean they stop buying BTC, ETH, HIVE, RUNE, LUNA, etc.

Some people don't like buying shitcoins. Other people don't like buying overpriced coffee. At least people get a better ROI from SHIB than from overpriced coffee.

Shitcoins are totally useless. Shitcoins can also be transformed into useful assets people want. Look no further than Bitcoin for proof of that.

I'm not trying to change people's minds about SHIB (or even DOGE). I'm just trying to present points most people don't consider beyond the hype and nonsense surrounding these coins.

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Hail Hydra?

Also, Charles Hoskinson remains bullish on Cardano even in the face of FUD due to hacking incidents from the summer.

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Charles Hoskinson needs to understand that people are already getting tired of waiting for Cardano to live up to expectations. It is time to ensure that the project is doing as expected.

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The hacking incidents were bound to happen as they develop. I would rather watch what they do to prevent such things in the future.

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Shiba inu have not given me any reason to buy except from the prices. I'm not a fan of such coin but who knows I might decide to get some

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The only reason to buy any SHIB is its price. Just a few USD gets you a million SHIB. A shift of 3 decimal places in the price can lead to intergenerational wealth. People spend more money on lottery tickets; at least SHIB offers ROI.

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You are right, no risk no reward. I can risk couple of dollars and if I see some interest in it I will cash it out and invest it in a good projects

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A couple of dollars-- the price of a lottery ticket. That's all you really need to spend if that's what you want to do.

Should it work out and it moons as you have SHIB in your wallet, cash out to flip it for BTC, HIVE, or whatever crypto you truly care about; heck cash out and buy precious metals, precious gems, real estate, "artwork," or even candy corn.

It's speculation, not buy-and-hold.

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It is great to see the Indians embracing cryptocurrency to such a degree.

We need this to keep spreading throughout the world with many different countries starting to accumulate tokens.

People from all corners of the globe need to fill their bags.

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The people of India are doing this on their own. I was under the impression that the government was unsure or undecided about crypto.

(There's a better word for what I wanted to say, but it escapes me at the moment.)

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From what I have heard in the past from @amr008 or @finguru, the government is undecided. However it's nice to see that there aren't any large news articles highlighting the fact.

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HIVE

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The price of Hive is inching higher.

Now up to $.83 cents. Will it keep going?

Seems like Bitcoin might be getting a bit of life to it.

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The focus right now should be about accumulating tokens, not worrying about price.

Get to 5K HIVE. Then 10K HIVE. Then 100K HIVE.

That's all that matters right now.

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I agree 1000%. Far too early in the game to worry about price. Other than just a fun exercise (or trading), dont sell. Just keep filling the bags.

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Hive is one such project that the price doesn't fluctuate much compared to other altcoins. I see it staying above $1 by end of 2021

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It could but I haven't really cared about the price as much. Do you think we will just slowly move up and down?

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Love to see the price of Hive going up.

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I have stacking up hive since on my second account, buying gradually and I believe hive is everything I need in cryptocurrency even though I invest in some projects also but 90% of my income have been directed to to hive and leo

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All roads eventually lead to Hive :)

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When it comes to HIVE or LEO, I don't think about price. By this time next year, both will be higher. A year after that, they will be higher still. What that number will be doesn't concern me; only that it's higher then than what it is now.

It's not guranteed to happen, but perhaps HIVE will do for Layer 2 what Bitcoin does for altcoins. If this is the case, we all win.

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Yea I think so as well so long as the development keeps happening. Any HE token will benefit from HIVE going up in price but then again it might depend on how willing people are to hold that tribe token.

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LEOFINANCE

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CUBFINANCE

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No Cubfinance announcement from Khal that I can see.

Seems like we will not get $1.00 CUB by the end of October.

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Yea the timeline for a bunch of things never played out but we are use to it by now. At least the mobile app came out this month though.

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For Android, IOS users still waiting although cant blame that on the team. They had the development done it is Apple that changed the scenario.

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Okay I FOMO'd myself.

Bought some more CUB in anticipation of an announcement from the Leofinance team.

We will see what is up their sleeve.

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Cubfinance press release today?

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Big Cubfinance announcement. Polycub to be airdropped to each Cub holder.

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Check out the change in yields across the farms and Kingdoms after the announcement.

Plenty of opportunity to earn more by being in those other pools before the snapshot.

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STOCK MARKETS

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Another Chinese developer unable to make the debt payment.

Much smaller than Evergrande but showing how this is spreading.

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I am not surprised since they were probably following Evergrande's model. So in a way, once money coming in dried up, they found it hard to raise enough cash.

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PERSONAL FINANCE

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TRADING

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TECHNOLOGY

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It may be a while before this happens:

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Yea it will be a long while before AI comes close. I still wonder whether or not AI will ever surpass humans in all aspects.

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As long as we don't get the SkyNet scenario, I'm not too concerned about AI surpassing humanity. I'm more concerned about humans versus humans.

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I think we're all going to be surprised at just how good AI will eventually get. I see a day when the "naturals" will be greatly outnumbered by enhamched versions of advanced humanity. Those that don't keep up will be left behind as a quaint underclass and a reminder of times long past.

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Tesla had issues with its solar roof division since it acquired it. However, it appears, maybe, the company is turning the corner.

Reports are they are now getting 22% more out of a solar panel with the introduction of a new product.

The revenues from the energy division are still lagging the car by a wide margin. In fact, it falls further behind.

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I don't really know if you will find this interesting or not. @taskmaster4450le has mentioned the metaverse quit a bit. Here I heard how Zuckerburg will be handling FB. So I thought I would put the link in here. Just to share. [Metaverse]. Hope this is found interesting I did only due to @taskmaster4450le bringing this to light last week or so.

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NFTs

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DeFi

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It's time for the cats to take over the meme world:

Right off the bat, this article from Yahoo! Finance tells readers about Catecoin (CATE):

Catecoin is a crypto that offers a DeFi Meme platform.

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I guess LEO is too serious? ;)

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Even LEOs, need some laughs!

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BLOCKCHAIN GAMING/PLAY2EARN

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Peakmonster auto-rentals is great for people who want to get their collection power or certain cards at better prices. Just set and peakmonster will do the rest for you.

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This is perfect for someone like me who doesn't have a big card collection, but still wants to squeeze every last penny of DEC out of it for the airdrop.

Thanks for sharing :)

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The price jumped a great deal. Paying out more USD I guess.

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Oh did you start playing Splinterlands or are you just renting out cards?

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MISCELLANEOUS

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REMINDER!!!

Get thy #CANDIES. It is important to your family's financial future. If you dont have a family, get more #CANDIES so you can afford one.

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Finally made the last three days in a row. Missed so many days due to that job I had, so glad that's finally over. Who knew training to be a pharmacy techninian would be such a mess? It was the most disorganized onboarding I've ever seen in my life. Had to leave.

"Now back to our regularly scheduled programming!"

source

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Just become a cryptocurrency millionaire and do not worry about it then.

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That is indeed the long-term plan. I would not be surprised at all if one day we all wake up to $10 HIVE. That's why I keep stacking.

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I do believe $10 Hive is in the cards.

There is also going to be a higher level on CUB too in my opinion.

We are in the early stages for both of these.

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Thanks I got 60 and tomorrow I should get 100. Well if we go by the NFT and conference, 8k candies goes for around $100 or so.

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So nice to be adding CANDIES tot he pile.

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@forexbrokr

Dane:

'How Does Ripple (XRP) Work?' is finished, published and linked.

Have a good day.

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Shanks boss :)

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Japan's elections not very bullish for China.

Kishida is not very light on China. The country is already moving manufacturing operations to nations such as Vietnam.

This is something else to watch for the world's second largest economy.

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Hey guys.

Testing the Leofinance mobile app.

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How are you liking it so far?

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The Halloween effect...

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Ooo, spooky!

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