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.
Stay Informed About LEO!
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BITCOIN
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ETFs based on Futures. We now have more retail volume speculating in BTC futures than spot. Thoughts?
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I don't like that it's happening but it's what happens when people want the high returns. More leverage means higher returns but also more risk.
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Well, the market must move somehow.
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It is not an ideal situation and one that, I believe, opens up more to manipulation than on spot price. But the SEC disagrees.
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It is not surprising. The return from Futures is far greater than what we see with spot.
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I've gotten to the point I find the bears kind of funny, bitcoin DUMPED to $58,000 - Price of BTC, one year ago today.. 13285.97
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People think short-term so they are more worried about the price in a week.
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CRYPTOCURRENCY
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Good news for Hive, etc.?
Maybe even SafeMoon and PulseChain (PLS) got lucky here?
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It's possible but I wonder if Robinhood showing smaller crypto profits is a good thing for crypto or not.
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To an extent every information is vital to the growth and adoption of cryptocurrency
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Some altcoins like shiba Inu did very well this week and we except to see more from them soon. I expect to see safemoon setting the pace for other safe tokens
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HIVE
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The latest Cryptomaniac's podcast with ecoinstant is out. There was a lot of stuff about HIVE in there in general.
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Hey Guys, did you check this?
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No I didn't but any cooperation with other chains is good in my opinion.
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Of course :D
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Yes Unless implemented it's hard to say what it could be for the HIVE users but a welcome move.
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Yes. I saw the post yesterday and I shared it on my twitter page. I think it is a good development for the hive blockchain.
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Let this be a step in the right direction.
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It is best to post a link when you find something like that in addition to the image.
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LEOFINANCE
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Did I miss any recent updates on Leofi lending?
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No that I saw. I havent seen that mentioned in a while.
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Yea they had quite a bit on the table for the roadmap but nothing has really been said about it lately.
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Leo lending? That's new to me.
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It was suppose to be a Dlease but for LEO. You can read more about it here
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CUBFINANCE
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What is your favorite realm for staking?
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I think the Cub Kingdom is pretty good but I generally invest in the Farms and put the harvested CUBs into the kingdoms.
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STOCK MARKETS
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PERSONAL FINANCE
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Question.
What is your one mistake in personal finance that you noticed few years down later? (For me it was not investing into stocks and mutual funds earlier)
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Mine has to do with impatience. I have fumbled many bags in the past.
Secondly, taking on too many risky ventures. This has put pressure on my finances. Learning from my mistakes and doing better.
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Jumping into things without a plan. Sometimes I just got caught up with all the FOMO and FUD.
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FOMO is the worst enemy.
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For me it was the fear when I invested in crypto when I had the opportunity.
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I discoered crypto in 2012 or 2013, back in the days when people couldn't give away Bitcoin fast enough. Due to a number of circumstances (including a move to my current location), I forgot about crypto for many years.
News of Dogecoin closing in on USD 0.75 brought me back to crypto in 2021, and that's when I choose Hive over Steemit.
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It happened to almost each of us back then but you know crypto can go either way.
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Not learning how to cook.
All that food from outside costs money. That's money I could have used for investments or at least savings for a rainy day.
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I thank my mum for forcing us to learn how to cook when I was little. Back then I thought that she was getting it all wrong by forcing guys to cook but when I entered the tertiary institution gar from home, I saw the benefit therein. I do not have to spend money eating outside except when I am too busy to cook.
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Investing in projects without proper research and analysis and this lead to loss in the past.
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TRADING
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If you are asked to choose one, which will it be, Future or Spot?
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Spot is better in my opinion. It's safer even if you don't get as big of a return.
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I totally abree with you on this. I have not for once used the Futures. Very scared of the risks
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It is risky but it also has a lot of reward. If the price doesn't move fast enough, you can still lose money if you are right about the direction.
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Spot. That's real (or, in the case of crypto, true).
Futures are essentially paper tools, and paper can be manipulated to make artificial changes in price. That's what happened to the precious metals markets.
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TECHNOLOGY
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NFTs
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DeFi
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Smart contracts make up the the operating system of defi projects and most times there present loopholes for scammers. Do you see a future whereby Smart contracts will be impregnable?
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I don't think it will ever be impregnable. It's going to be a fight between the hackers and the platforms. After all we never know when an update to the platform or contract can cause a bug.
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I agree with you on this, because there will certainly be upgrade and these upgrade can come handy and create loopholes in the system .
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BLOCKCHAIN GAMING/PLAY2EARN
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MISCELLANEOUS
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It took me longer than I had expected, but I published my post about the 19+3 tokens of Splinterlands:
This is a dry run for the Hive Engine posts I want to post. Given the nature of Splinterlands and the large number of tokens for it, the post structure will be different from what future posts will use.
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REMINDER!!!
Get all your #CANDIES for the day. When it comes to the sweet tooth, do not hold back.
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Thanks. I don't know if I missed yesterday but I am back at 10.
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Just check your claimed further down on the page. It will tell you what you got yesterday.
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Ah I did fail to claim yesterday
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Did anyone here notice any trouble with Tribaldex, LeoDex, or Hive Engine?
There was a purchase of DEC I wanted to make, and it looked as if it didn't go through. Now I have 3 orders for 1 buy I wanted to make. At worst, all 3 buys go through and I have to sell 2/3 of what I ended up buying.
What got me thinking there was a problem is a reward claim I made at Hive Engine for LEO. The claim went through, but the wallet isn't updating to show the latest figures.
I would contact someone at Tribaldex, only I don't know who to contact and the support ticket system asks for an e-mail address rather than a Hive account name.
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According to the rising star discord channel, Hive Engine was down for a bit. It's back up now.
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Ah, OK. Thanks for the update. It looks as if the DEC I tried to purchase didn't go through, even if blockshain shows that I tried to buy. I'll need to wait a while before I see the trade or have to try again.
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@forexbrokr
Dane:
I just published as a supplement to the THORChain Coin Guide: Mark November 1, 2021 On Your Calendar - THORSwap IDO Hosted by THORStarter.
Thanks.
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Today this talk is a little bit off?
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The discussions lately have been a bit slow lately. I have just been responding to the comments I see.
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