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
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO BITCOIN IN HERE.
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Who thought bitcoin or crypto in general could be making a use case like this?
https://www.livebitcoinnews.com/women-are-using-bitcoin-to-escape-regions-like-syria/
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This was a big thing in Afghanistan where alot of women were buying up bitcoin to store their wealth and international companies are paying women journalists in Bitcoin.
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In venezuela, many people prefer crypto payments to fiat, as it is better to transfer it and may have growth potential if it is reserved.
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This could be why Afghanistan ranked in the Top 20 nations where crypto is owned or used. Let's see if it can hold on to its ranking going forward.
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I think it's a valid use case. Not every place in the world gives the same rights to both genders so I think it's great that they are using it for a good reason.
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Indeed when bitcoin came out, people were not comfortable with it. But today, its existence has given rooms for more cryptocurrency projects. It has also exposed the potential of block chain
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The truth is that this is one of the many use cases that can be given to cryptocurrencies in today's world, and it is yet to be discovered and adapted.
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How Henry Ford Envisaged Bitcoin 100 Years Ago — A Unique 'Energy Currency' That Could 'Stop Wars'
https://news.bitcoin.com/how-henry-ford-envisaged-bitcoin-100-years-ago-a-unique-energy-currency-that-could-stop-wars/
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So bitcoin and cryptocurrencies in general will bring peace and security?
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That's was just a single person opinion and we cannot draw conclusions from it, however we can say that bitcoin has been able to give value to countries with weak fiat currency.
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CRYPTOCURRENCY
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO CRYPTOCURRENCY IN HERE (NON-BITCOIN).
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Is Digital Identity the real use case for crypto?
With all the talk of regulation, perhaps it is time to develop around it.
Digital identities could be the answer.
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Monero is useful to do untraceable transactions. Digital Identity coupled with Privacy coins would help us fight the regulations. ✌✌
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Got to be a lot more than just a couple privacy coins.
We need a full blown digital ID system that is out of their reach.
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That's true. We need the right set of tools to go around the restrictions. It's going to be a long fight.
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They are getting more information daily about us. They can find 95% of us very easily as we leave so much information through our trades, IP or even CEX.
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It also doesn't help that most people enthusiastically put their lives on display by using the social media products of Big Tech and Web 2.0. Then there are photos for facial recognition.
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That is why the industry needs to come up with ways to disrupt the paths that people follow.
Having "bridges to nowhere", at least from the followers standpoint, is a good place to begin.
Follow a chain, see a swap, and where did it go?
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Actually it is on the contrary. Regulation is aimed to bring transparency and privacy coins are in the opposite direction. The difference is clear.
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I feel like we are about to validate all the basement dwellers who pretend to be women online....
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lol true
Back when I was a gamer the running joke was that MMORPG actually stands for Many Men Online Roleplaying Girls
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Hahaha yup, some 35 - 40 year old still residing in their mums basement whose 220 pounds but online is some 25kg 20 year old girl in skimpy attire usually a fire mage. Lmao ah man. This stuff was prolific in the 90s and early 00s
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Maybe that will make up for the validation they did not receive as children.
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Digital identity might solve the legislation demand and reduce frauds to an extent, however it has it's own disadvantage. Transactions can now be attributed to someone and it might cause security concerns for whales
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It's OK for transactions to be tied to a serial number, but it's a problem when they are tied to a person's identity. The excuse given for the regulations is to prevent crime, but it's really a way to dominate the population into submission.
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Exactly. A control that will enable them to task individuals base on their cryptocurrency assets
I believe it is a solution but it doesn't stop people from getting doxxed. Wouldn't this mean that you can't even tell people who you are online anymore?
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In movies like Total Recall from 2012, you can see how everything is digital, I think in a few years we could be like this.
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The 2012 version of Total Recall was bad. It's OK for it to be made different from the original movie, but it was just unbelievable in ways which were too distracting for proper enjoyment of the movie.
The original Total Recall was also before Peak Arnold was reached.
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You're right, it lost a bit of the sense of what the original wanted to convey.
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There are multiple ways to earn Passive income in crypto. You still have to do the bare min work but it's not much. I think I have tried all of them.
What about you guys?
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It takes a lot of work to earn passive income.
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I agree with you. Many people are confining themselves to buying the dip and selling during the bull. There is more to crypto than that. It all about making the necessary research and utilizing the legit ones.
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It's too bad it doesn't state a way for people who don't have money to get started. Most of those approaches require money before you can earn a decent amount.
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The article didn't mention faucets, but many people starting out in crypto will run into them thinking they are good for passive income or at least "free crypto."
Faucet sites are advertised as a way to earn "free crypto," but they are costly in time. It takes a long time to earn enough crypto to be able to actually use it.
Then there are the withdrawal minimums attached to these faucet sites. It takes a long time to accumulate sufficient Satoshi to reach the Bitcoin equivalent of USD 10.
If the faucet is made the right way, it can be a fun diversion. For the time needed to earn passive income, it may be a waste of time.
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Yea but the money from faucets tend to be fairly small. Of course if the crypto price goes up, you might have a good bag.
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I am trying some of them, I am proud LOL
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HIVE
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO HIVE IN HERE.
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Question: Do you save your HBD and earn 10% on them? Or do you find it unattractive compared to alternatives you could do with it and don't bother?
I save some of it. You never know what is going to happen in the future but I want to have some set aside just in case
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Converting everything to Hive whenever I can. Don't want to miss the Moon landing tbh.
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Also adds to your claimdrop from SpkNetwork.
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Just another added bonus on top of tons of benefits. Insane when you really think about it in relation to the market price and market cap.
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I am stacking HBD and putting it into savings.
There might be better returns out there but I want to build that portion of my portfolio. Have something that is stable and providing a steady return.
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HBD is a great way to buy LEO and other Layer 2 tokens. I need to do some math first before I figure out which Layer 2 tokens I should buy (such as SPS)
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No need, buy LEO ! :D
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I'm too small to save HBD the 10% ROI is not that much compared to being an active Hive user. It is important to remember it is not designed for active users but an alternative investment opportunity to blogging.
buying hive with it, staking and curating is a better ROI.
Marky did a post about delegating to APE where 15,000 delegation being used as upvoteing netted around $4.80 per day.
If you look at the 10% I think it is around $4 a day.
Just depends what you want to achieve.
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I agree that HBD might not really be for active hive users, but one can actually save HBD from buying or earning overtime to at least warrant some certain level of interest. It's probably a different aspect of economics to the hive blockchain that many are beginning to pay attentions to.
Definitely, I think also Hive appreciates are around 3% per year so by being active your APR is actually around 13% and that's not accounting for receiving upvotes for engagement.
10% is not unattractive to me as compared to other platforms where my crypto is in someone else's custody. That's the only reason why I keep some HBDs in the savings.
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Get 30% APR on Anchor if you bond Luna, borrow and then put UST into savings. Borrow APR cancels out at 11% and Anchor savings account is 19.4% That is 30.4% APY
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When my priority was accumulating HP in order to stay out of RC Jail, I converted everything I could to HP, and that included HBD.
A couple of months ago, when I saw that RCs weren't a concern anymore, I began moving whatever HBD came my way into savings. I even transfer HBD from my D.Buzz account to this account in order to let the HBD accumulate.
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Well, personally, I use it to take care of my family's expenses and pay bills, but I use the second layer tokens to invest them in other types of projects like splinterlands or cub finance.
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I want to save my HBD but I keep spending it on other things that pop up. It's hard for me to get excited about 10% returns when I'm only adding it a fraction at a time. At some point, I plan on converting some other things into HBD that will be worth enough for the 10% to actually matter. When that happens, I'll probably allow my earnings to get added to the pot. But, like I said, at this point I'm still using it on other things...
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Considering the huge opportunities out there in so many tokens, 10% seem quite low but VERY safe at least.
For example I have been converting my HBD to DEC to get this daily 0.5-0.75% APR paid in SPS.
But it is more risky for sure.
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I am very much interest in this. Where can I stake the Dec to earn this daily reward ?
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I do not save them actually but I would love to know about the return rate of HBD saving. Is the 10% monthly?
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I don't mind 10% since its better than what you get at a bank. Of course it has more risk. However if I had to choose, I would probably buy something off Hive Engine instead since I think HIVE is likely to go up in price as well.
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I have been swapping my HBD for DEC to build up my deck, but I think that the savings could be a spot for a fair amount of the fiat I am earning from working
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At this point, i think holding hive is more lucrative given what is happening. There is a huge chance we see a $2 hive this year and in fact, I am betting on it.
HBD in savings is great. You get the comfort of holding a stable coin. But I would go for hive at this point
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Hey Guys, I just installed the 3Speak App but it is not opening in my system. I uninstalled, downloaded the latest setup and but still, it didn't open. Did you guys face something like that?
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Yes. Try making it full screen. It seems like that is an issue each time I update the app.
It looks blank when minimized but open it up fully and it fills in.
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Where can I find it? on android or for pc?
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You can find the link to the dapp on this post:
https://peakd.com/hive-112019/@spknetwork/spk-network-or-larynx-miner-claim-drop-90-days-until-snapshot
For now it is just a PC app
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I faced the same issue yesterday. Hope it will be resolved though
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Question: At which HIVE price level would you start powering down (if you are doing it now) or stop it (if you HODL at the moment)?
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I am powering down 25% of my holdings now so that I can have the ability to make some trades if we see another pump
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I think I will be doing that when the price of hive reach up to $5. At least lowering down 50 hive will field something meaningful
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I have the same thought.
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I don't think I can really give an answer but I guess I might power down a small amount when my bags are full enough at $10.
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I think a good level to make power down can be between $5 and $10, and I am not daydreaming as the potential of Hive blockchain will soon be fully exploited, and as it is superior to Ethereum the price can go up to $4000, that is a realistic limit I suggest.
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Never. The key to generational wealth is never to sell.
At some point we will see the ability to collateralize our holdings to take advantage of the peaks in price runs without actually selling.
Why sell at a level when you know it will be higher in a few years?
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I power down whenever i need hive. But I am looking to cap my hive at 5k, which would be the minimum balance for me. That's my goal for the next 6 months
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Buying Hive to secure your future.
This seems like a good idea with all that is taking place.
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Also Hold HIVE to secure your future.
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Yep. HODLers win this game.
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Almost every young Nigerian is involved in crypto. It has become the gateway out of poverty and control of the government. Many of us are living far decent lives than we could have imagined years ago. I am a living testimony
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Question: Should the rankings we have for Hive Power holders change due to the increase in the price of the Hive token? (fish, dolphin, whale classifications)
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LEOFINANCE
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Crypto Guides
Finished the content for our guide to Cosmos (ATOM).
All liquid LEO author rewards have been paid to contributors.
Thank you again :)
So, onto the next crypto guide we go.
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Lol, I was about to suggest Fantom for our next guide because it's all over the news. Nice pick Dane.
I will again pick the same subtopic if everyone's okay - How Does Fantom Work?
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I'll try to tackle "Introduction to Fantom" and maybe something else after that one
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I'll tackle Should I buy Fantom (FTM) in 2021? I don't know the first thing about this project so it might take me a couple days to 'educate myself'.
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Question: Will LEOM and LEOMM be taken into account for ProjectBlank airdrop? It used to be a Yes but nobody has been talking aboutit since.
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I don't remember but I think LEOM and LEOMM was suppose to give a governance token on Project Blank but it's been so long. So I wonder if I was just imagining it.
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Then I will have to buy more LEOMM
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Well...I could always be wrong but who knows. I recall it being brought up around LBI a long while back. Back then, LBI was considering buying some LEOM or LEOMM for the governance token.
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I noticed some comments mentioning Leo Miner (LEOM) and Leo Mega-miner (LEOMM). How common is ownership of these miners? What are ways to acquire these miners besides spending money at the DEX?
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You can only get them off the market now...
There used to be hundreds of thousands of LEOM on the market, selling for peanuts.
Then there was a mad rush for them and they were all sold out in like a week.
Wild.
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So I have to buy LEOM or LEOMM at LeoDex or TribalDex if I want any.
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Yep, and they're not cheap.
250 LEOM will give you on average 1 LEO per day.
I'll let you do the math on break-even points and figure out what you think is a fair price to pay.
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This is all the math I need to know that I need to publish more posts.
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CUBFINANCE
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO CUBFINANCE IN HERE.
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Great news guys! Cub Finance is listed on Dapp.com ✌🚀
Here's how you can help:
https://leofinance.io/@notak/cub-finance-is-listed-on-dapp-com-we-need-your-help-prizes-on-offer
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I dropped a comment already and 5 starts (of course).
Notak is doing a great jov with his giveaway to push people to register and follow + give a review of the project.
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Yeah, I saw a post about it and I think it is a good beginning. Gradually it will get to a larger audience
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That is great news. Thanks for the link and I made sure to put down my contribution.
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This is incredible, I already support it, let's hope we occupy one of the first 3 places so we will have more exposure.
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CUB is $0.379 right now. Time to buy more? 😜
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Wow, it's continually dipping?
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Lol, seems like it! Good time to fill up your bags with CUB.
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I have a feeling it might dip more until the IDOs come out. I will be making my investment into CubFinance but the lower prices on CUB makes me lean more towards adding to my bLEO/BNB farm.
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Under $10 is a BUY opportunity !
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That's right! ✌🚀
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I will probably be picking some up tomorrow.
These are the times I just keep amassing more and adding to my stake.
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Yes, it's a great buying opportunity. I am confused between buying CUB & SPS. I think I am going 50/50 with my budget.
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Same. I'll be adding some more to the kingdoms
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Of course, at this gift price it won't be coming back anytime soon.
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STOCK MARKETS
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PERSONAL FINANCE
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I asked this question on noise.cash and I want to ask here too. How do you decide when to power up and when to take out the crypto to FIAT for your use?
Do you have any specific plan on powering up or taking out your crypto to cash?
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I would probably follow the general rule of sell when the price pumps and grow while prices are low. Then again I am not in a rush for money so I am not concerned about changing to fiat anytime soon.
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Outside Hive. I have fixed existing period for some of my coins and some are stacked for the future.
As for Hive, am still new and so am trying to power up to a certain level before thinking of cashing out profit
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Id you missed the latest news and highest farming rates Jerry has you covered - https://leofinance.io/@jerrythefarmer/weekly-defi-update-with-jerry
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TRADING
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO TRADIING IN HERE.
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Question. Do you use leodex or HIVE Engine?
Which one is better or which one to choose?
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Seems I don't really know much about leodex. I am very much familiar with Hive engine
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LeoDex has a 0.25% withdraw/deposit fee while Hive Engine has a 1% withdraw/deposit fee.
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Wow. Am getting to read this for the first time now. Thanks Buddy. I will check it out soon.
LeoDex is better because it costs less to deposit and withdraw. If you aren't in a rush for liquidity, I suggest using it
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LeoDex has the advantage of charging almost no fees, but since it has the cheapest fees, it also runs out of HIVE much faster.
Hive Engine is better in the sense that you can do multiple things like create your own currency, and you have more buying power.
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I've only done staking, unstaking, delegations, and sending, so I've been using Hive Engine and on occasion PeakD for that. I haven't made any buys or sells, so I can't say anything about Leodex or Tribaldex.
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TECHNOLOGY
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NFTs
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO NFTS IN HERE.
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Bored Ape NFT project is soon going to launch new Token. Not sure why they are popular with their NFT but it seems like they are taking traction.
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How do you find out if NFT project is legit?
https://cryptonews.com/exclusives/evaluating-nfts-how-to-know-whether-an-nft-project-is-legit.htm
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I wonder which percentage of NFT trading is either apes willing to 10x and then people trying to launder their coins and fake transactions (buying to yourself NFTs to make it seem like it is worth hundreds of thousands of $$$)
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I guess it's possible but I would avoid it since most NFT platforms are all transparent. With enough digging, people can trace it back.
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DeFi
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Ardana DeFi result of Cardano and Elrond bridge launching dUSD and danaswap
https://www.cryptoglobe.com/latest/2021/10/cardano-ada-powered-defi-hub-building-cardano-elrond-bridge-infrastructure/
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Aavegotchis's NFT are being ported to Rarible using Polygon Ethereum bridge. So NFT ghosts are now available outside their own ecosystem.
https://cryptoslate.com/a-polygon-ethereum-bridge-is-bringing-aavegotchi-nfts-to-rarible/
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BLOCKCHAIN GAMING/PLAY2EARN
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Damn. 🚀🚀🚀
Source:
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Dam I wonder how much they cashed out lol. I hope it brings in more players.
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Holy shoit! fantastic work. Amazing stuff
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In a few years, we might see multiple stories coming out like this one. ✌
Splinterlands 🚀🚀
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A few years? Try a few months at this rate...SPS is making a push for $1.00.
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Yea, that's crazy
Some are even saying it goes to $2 before the end of the year
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That's incredible indeed. Really like to see those life-changing stories
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Imagine with such amount you could become real estate mafia in middle east, africa and other small nations.
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1 USD = 75 INR
1 USD = 70 DEC
😂😂😂
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I'm starting to buy all my cards with DEC. It could be a long while until it goes back down to the peg, but I think it will at some point. Or at least get fairly close. The use-case of HODLing it for SPS is a BIG one right now, but unless they figure out another one, at some point it's going to go back to being cheap. In the meantime, I just continue to stake it in the CUB/DEC pool. I'm not making much in CUB but I'm getting a very nice little SPS drop. Since the price has risen so much though, I'm not quite getting what I was. Still good though.
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Playing Splinterlands is becoming super profitable.
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dCrops posted some details about the upcoming update and the roadmap for the next few months.
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MISCELLANEOUS
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS THAT DO NOT FIT IN ANY OTHER CATEGORY IN HERE.
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REMINDER!!!
Get your #CANDIES before they are all gone.
Time to put them away for the Winter.
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Candies and Diamonds collected. I finally had a good day at the Diamond roulette wheel and got 180, 120, and 180. I think that might actually put me 10 or 20 to the positive in my gambling. Yesterday I got 120, 50, and 50. I think I've done it maybe 5 or 6 times and this is only the 2nd time I actually came out ahead. Finally crossed 2000...
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20 Candies, 10 Diamonds. My bags are heavier now!
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I got my candies and diamonds for the night. It's getting late as I am almost done going through the chat.
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This we already knew, but sometimes we forget:
(There's no CBDC category, and I wasn't sure where else to put this, so it went here.)
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It's the same danger I saw when China released their digital yuan. If physical cash is completely gone, then the outcasts will have no way to buy or sell things easily.
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This morning I found this tool which can be used to improve SEO at stand-alone web sites as well as outside blogging platforms:
While using <meta> elements is something no Hive front-end will let us do for any reason (even for SEO), the tool below is useful for the advice it gives for making content search engine friendly.
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Thanks for this tip. Even though it might not be possible to use this here on hive, I have many other places where I can use it.
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Starting my Monday morning here in leo finance is just a great thing. I can't stop to Post, comment and upvote. Still tell people the good things that's happening in this leo finance.
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