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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I noticed I've been claiming liquid Hive from my rewards, how the fuck that happened?
Not sure I read it anywhere as an update?
Help, in case I'm getting money I don't deserve 😅
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Claim as much as you can,it's all your money
Since HBD is now over 10% of the overall Hive marketcap, your rewards are being paid in HP, HBD, and liquid HIVE because the blockchain needs to get more HIVE out there until the ratio goes back to under 10%.
@taskmaster talked about it on the Cryptomaniacs Podcast if you want to hear more. Pretty sure the dollar amount you're getting is the same. It's just that some of it is liquid HIVE rather than HP....
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Oh, I see, thanks for clearing that up :)
Lol, you deserve all the rewards you are getting. So don't worry! It's just that HBD and HIVE both are down and we have breached the threshold. Stack as much as you can 👻
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Money, Money, Money, Ha Ha Ha 😌🤙
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No money. No honey! 🍯
Bitcoin is going to the HoneyMOON.
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It seems we reached the 10% limit for HBD
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I think you are getting the same amount. It's just that some of the HBD is converted into HIVE so the marketcap of HIVE can catch up to HBD.
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You just are getting less HBD.
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The total market cap on Coingecko is barely hanging on to $2 trillion.
We will see what happens over the next 12 hours. Will it give up that level or bounce up higher?
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I think it will bounce back in a day or two! Maybe early next. Not sure about 12 hours. On the weekend, it goes a bit slow anyway.
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Last time I checked, it fell slightly to $1.9 trillion
I'm not quite sure it would see great numbers moving up, cause I mean, it's the weekend, retail traders would be folding up to re-enter the market on week days.
That's my safety metrics.
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You are right. Weekend is a holiday for everyone. Even traders. It should move back up towards the starting of the next week.
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It tends to grind slowly upward over the weekend but we'll see...
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Looks like it's already dropped a little bit. Not sure if that's the weekend effect kicking in but I think it will stay down for a couple of days anyway
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I think it will drop a bit more since Chinese released the FUD news. It will take a few days for it to leave people's mind.
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I think it will remain the same for 4-5 days and from October we will see the upward movement
This is the first time I visit Crypto Adventure, so I'll give this article a shot:
5 periods are listed, and not in chronological order.
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Good news for INDEX holders:
The INDEX token has a nice SPS stake and it will airdrop vouchers to the token holders so it can be yet another way of getting them
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Yea it will add on the vouchers we get normally. I am wondering how I will raise the money for packs though. Maybe selling some untamed might be the best choice.
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Yea I heard they will be more expensive now so there is that too.
I don't think I'll be able to get a lot anyway so I may not need too much money for packs but I'll try to set some aside in case I'm able to get my hands on some
Posted Using LeoFinance Beta
Yea it's $4 each now so I might just aim for 50 packs so I get a promo card.
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Just another benefit to being involved in some of those tokens like INDEX, LBI, and BRO.
The gifts just keep coming. We get exposure to many different things.
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Yes! Gotta love all the sinergy going on with these various projects
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This tpoic probably comes up periodically in discussions elsewhere periodically, but I'm getting asked about it in my post that LeoFinace is sneezing at: the 7-day earnings period:
As much as we gripe about Hive's lack of influencers and shillers, we may be ignoring a more fundamental point which goes beyond marketing.
Yes, we earn crypto when we post and comment and engage.
No, it's only for 7 days for each piece of original content.
If we're going to attract influencers who can drive new Hive account registrations, what can we tell them to persuade them to join us? Getting banned from Instagram or YouTube sucks, but so does not being able to monetize a post ot video with millions of likes.
Hive has much to offer people thanks to its dApps, its crypto, its decentralization, and its independent spirit. It would be a shame if people thinking about joining Hive decided to pass on it because of what they perceive as a restrictive earnings policy. So what do we overcome that objection (a potential Achilles' Heel)?
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I don't really think we can change the earning policy without major reform with the largest stakeholders. Also with the tips, people can still reward older content but it is out of your own pocket.
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Those are good points. If it means turning everything upside down just to bring in a celebrity, pro athlete, or influencer, then that effort is not worth the cost.
So we would need to let them know how they can still earn crypto with the current system. Passive rewards would be a big selling point, especially if they invested their own money at first. After all, what APR can Instagram or YouTube it Twitter or Facebook offer them for the content they monetized?
Posted Using LeoFinance Beta
None. All the people I see on Youtube are frightened that they may get kick off at any point in time and that it takes time to start earning anything.
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If Hive is going to land an influencer, why not Andrei Jikh?
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He is a good choice but I seriously doubt he would stay here. It might be just a cross-post though.
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If I get you straight, you're suggesting that the earning windows should not be limited, like it should be ever possible to gain rewards from posts from whenever?
Well, if that is to materialize, you do understand it will need a lot of things changed?
That includes payouts windows. This would need the system to shift to an instant payment format where what is earned is directly deposited in one's wallet at the time of earning. You can't actually expect it to run like YouTube because it would have to take upon a centralized approach, which is third party funds distribution, that if the instant payment isn't on your lists of thoughts. And this however puts to shame the whole hailed "decentralized media"
As of now, rewards are automated, but I'm not quite sure how this idea of changing earnings window could be Squeezed in to please the supposed users you're referring to.
Posted Using LeoFinance Beta
I accept the current system as it is, even if my preference would be for something different. Whatever the system in place is, we need to explain it to new people who learn what it is and may object to it. They may not be the kind of people we want at Hive, anyway, but that's a different discussion.
I expected that a lot was involved in making the current 7-day earnings period what is is; lots of analysis and evaluation, lots of visualization to make sure it made sense, lots of coding to implement and enforce this system, etc. I'm not asking about this lightly, and I want to know how it can be explained in a way which can be marketed as a plus rather than a minus. No one likes fine print, and that's what this is.
While it would be nice for content to bring us earnings as long as it's available, Hive cannot turn into Web 2.0 for payouts. So we are where we are, and we're doing OK with it because our experience here more than makes up for it.
Just as a small percentage of Web 2.0 people hit the big time in earnings, it's the same way here. And it's true that many people on YouTube are just happy to get exposure even if their content gets a small number of viewers or subscribers; it's that way everywhere.
I was asking because I wanted to know how we can bring high-powered influencers to Hive and even to Layer 2 where the dApps and games are. For them it would be culture shock in more ways than one. Hive is about more than money, but it's not a charity either.
Posted Using LeoFinance Beta
That's the problem with Hive. There are no direct rewards for publishing evergreen, long-form content. Only 7 days to get upvotes! Just imagine a clown comes and takes up half of your rewards because he doesn't like you or your post. Also, most of the upvotes come within 24 hours after publishing the post.
And Hive maxis wonder why people shitpost. It's simple, they have to! ✌
Hive is not a place for influencers with a huge following. Not worth their time unless we have like $10 HIVE and they get constant upvotes which is highly unlikely to happen in the next few years or so.
What's different on Hive is that you can use your stake to get passive rewards. Curation is quite underrated IMO. But for that, you need to buy HIVE first.
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What you see as a problem, I see as a positive. There's only a certain amount of HIVE that gets paid out every day. What you're saying is that you think someone who writes something good should just be able to get paid into infinity and basically take rewards from everybody else. So you write one or two good articles every year and get paid for life? That doesn't make any sense.
Influencers put out new content on a daily basis. Everyone knows that most content is either consumed in the first 24 hours or it gets shoved down the page and forgotten. Why do you think they keep putting out new stuff? They've made about as much as they're going to make on the old stuff. Sure, people may go back and view it later, but it's highly unlikely enough will to increase any payouts.
Seems to me you're looking for a solution to a problem that doesn't exist. Seven days is more than enough time to get your content viewed. HIVE incentivizes people to be active and to keep creating. Isn't that what we want?
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I get what you are saying dagger but yes, if I write one or two good articles and they are so good that I deserve to get paid for life (until they become irrelevant to the masses), then why not? If the content is bringing more traffic continuously to Hive and its various front-ends, then there has to be a way to get rewarded.
Let's just say someone makes a movie or a tutorial and publishes it on Hive in 2021 which I find in 2022 and find valuable. Now there is no way to use my stake to reward the creator or reward myself for finding a gem and spending my precious time on it. The same goes with evergreen articles focusing on SEO. I know there is a TIP feature but it's underutilized right now. And only Peakd has it.
I know influencers who put out content on monthly basis and they do far better than millions of influencers out there who push out content like a factory. Traditional social media forces us to do the same. Their algo is made like that. Work it out every day. This would get interesting when AI is there to help you write the content for you.
I would want a single JPEG post to keep earning millions of dollars even after the payout period is over. If it is valuable or goes viral, the it deserves the rewards. Ultimately it's about the content and its value. Anyone can shitpost every day and get rewards.
I know right. But I love passive income way too much. So maybe I am actually creating a problem that is not there. 😂
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Write a book if you want long term rewards and residual income. Michael Jordan made some basketball shots that were off the charts. Guess how much they were worth? 2 points. Tiger Woods hit 350 yd drives that counted exactly the same as a two inch putt. And then he went to the next hole.
This is not a place that rewards one moment of brilliance. It rewards effort, consistency, engagement, and longevity. There are no short-cuts on HIVE. Nor, IMO, should there be. It's one of the things that makes this place great. No one can come in off the street and hog all the rewards. But anyone can come in off the street and earn those rewards.
The payouts aren't always "fair", but that works both ways. If you put in the time, you will be overcompensated sometimes for average work, just like you'll be undercompensated sometimes for brilliant work. It's a marathon, not a sprint.
Posted Using LeoFinance Beta
See, I am not looking for shortcuts. And there are none unless you are ready to screw up your reputation. Talking about longevity, again, my posts after 7 days do not have a chance to get rewarded. I might have put 3 days of research before putting out a post that could bring traffic to the platform continously. So in a sense longevity of content is not rewarded. But yes, you have a chance to get rewarded for time being spent commenting and socializing with others. I am not saying the current system is flawed. There are PROs and CONs. Maybe we can add some kind of incentive if someone's content provides value (more traffic/pageviews) to the platform in long term. Maybe add another token but I don't think this can be implemented at the base level. Maybe tribes or some DApp would come up with their own ideas. Like Peakd has tips! Like Leo Finance is providing more opportunities for its users to stay on the platform and that is why it has a chance to become bigger than Hive one day. ✌ I know all of it is one big experiment and I thought of throwing in some suggestions. These could improve the experience of the current and the new users but I might be wrong. You guys know better how this platform works and how it has been evolved over the past 4-5 years.
Agreed! Traditional social media is the most unfair of all. Hive is far better in terms of rewarding people for their effort and time. In fact it's easier to catch eyeballs and make money on Hive as compared to Youtube or any other blogging platform. Everyone has the same number of opportunities presented to them. One needs to just look around.
Hopefully, one day! 😁 Need your full support to sell millions of copies Dagger ✌
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There ARE tokens out there for this purpose. POSH tokens I think are for twitter stuff. PIZZA, LUV, WINE, BEER are all tokens that you get as "tips". There's a couple more I can't think of right now.
There are also many curation accounts actively looking for quality original content to reward. OCDB comes to mind. I've actually got some HIVE delegated to them.
I get what you're saying as far as wishing there was a way to get paid more for impactful articles but....newspaper/magazine writers don't get paid like that. They just get their salary no matter how many brilliant articles they write. The newspaper/magazine makes all the money from more issues being sold and then the writer(s) selling them have to negotiate payment terms after the fact. It just feels like you're barking up the wrong tree here. I could be wrong. You may come up with a brilliant idea and then can submit a proposal and change everything. :-) That's the great thing about this place. We all have that ability/possibility.
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Yeah I think this is a good way to summarize my opinion.
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I made a few posts thinking (based on recent history with the topic for me) that they would earn me up to 100 LEO. They ended up much closer to 1 LEO than 100 LEO. Heck if I know why.
I've also made a few posts I thought were so-so, and the earned LEO on them nade ne smile. I can't say why in this case, either.
We write the best posts we can, but the earnings are a crapshoot much of the time (not including exceptions, of course).
The major earnings are made during the first day or two of the 7 day period, and more earnings are made the other days. None of us are saying older content earns at the same rate as fresh content, but a reward for traffic generated by the older content would be nice (even if it's 0.000000010 LEOs). If older content produces, it should be rewarded in some way. If older content fails to produce, we get paid in ZEROES (each one valued at 0.000).
I'm not saying it has to happen that way, and I'm not saying older content should break the bank for us.
Just as Hive and Ethereum have Layer 2 solutions, there could be a "Layer 2" solution added to the payout system. If anything, it would be an opportunity for investors to put their mark on Hive in a new way, and if the idea succeeds a new pool of funding can be created for handling the rewarding of older content which produces. These investors need to be rewarded as well. No post gets rewarded just because it's 6 years old-- it has to produce for Hive in some way. Otherwise it gets rewarded with ZEROES (0.000).
I'm not saying do awy with the 7-day period or modify it in some way. I'm saying reward productive older content in some way. There's plenty of time to figure this out, so it doesn't have to be done here today.
Posted Using LeoFinance Beta
Another thing is there are factions on hive too. Taking down each other using downvotes and make sure any newbie that comes don't get more votes either. In socialist decentralized world, yes, divide always happens. There is a reason why democracy and system was invented.
Hive seems like a political democracy to me. I would like it to be more decentralized. All in due time.
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Hive should be a democracy in that everyone gets what they want in some way. No one should support something they're against. That's why we upvote what appeals to us and stake the tokens we want to support. Hive should not be a political place; for that, stay with Web 2.0.
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It looks as if we need to tell potential influencers (or even potential shillers) that what they lose in earnings can be made up for my a myriad ways of investing. For these influencers or shillers, they may need to make a sizeable upfront investment, but the APY will make it worth their investment and make up for the sizeable upfront investment.
We would need to iron out the specifics to make it suitable for marketing or short discussions, but this seems like something we can work with to attract influencers and shillers.
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Marketing a range of opportunities for earning and staking Hive would require millions of dollars to reach out to the masses. Influencer marketing could be a key into this! ✌
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Not necessarily. There are case studies we can use based on the history of certain Hivers across all categories (old and new Hivers; former Steemians and post-Independence Day Hivers; bloggers for text and multimedia; gamers; content producers who invest; pure investors; other categories I can't think of at the moment).
These case studies can supplement testimonials. All can be distilled to marketing tools we can use either for guerilla marketing or just casual conversation with anyone who asks.
Marketing as envisioned by those who budgeted for marketing campaigns can still take place as expecxted. We can boost it with a little from all of us in parallel. I'm no marketing expert on the of @forexbrokr and @ryzeonline, but I know enough to say there are things we can do at the lowest level possible.
Just as we want Hive decentralized, marketing can be decentralized also.
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(Emphasis added)
This may be the thing which can tip the scales in our favor for attracting influencers.
[State your Web 2.0 app here] doesn't give you passive rewards? #HiveFixesThis.
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Yes, that could be one of the points to market Hive. But I still think we need to market the DApps instead of just Hive blockchain. Rather than talking about the base level we should talk about real-life use cases built on Hive. Curation rewards are a small part of a bigger ecosystem. There are other hidden opportunities to make money. We need to get them out in the open. Maybe adoption is taking its own pace to happen.
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That was one reason I published this post last night, before LeoFiannce ate it. (If you have trouble accessing it, view the Ecency version of this post
instead.) After all, how many new Splinterlands players even know about Hive except that things they had to sign up for in order to play the game?
Instagram was acquired by Facebook, so technically it's a Facebook app. Even so, many users of Instagram still see themselves as Instagram users first. It would be similar for Hive and the dApps that interact with blockchain at Layer 2.
I'm not saying we don't market Hive at Layer 1-- everything else depends on Hive. However, I am saying we can devote more effort to market whatever we care about from Layer 2. Both kinds of marketing can take place in parallel.
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The thing I think most people are failing to recognize is the fact that cryptocurrency as a whole is still in it's infancy. We're just now reaching the point where maybe half the people in developed countries have heard of Bitcoin. But even there, I would guess less than 10% really know what it is. Probably substantially less than that.
HIVE is not even on the radar yet among the masses. But it's getting there. Bitcoin and Ethereum have started to shine the light on crypto and more people are starting to take a look. But they will ALL start with Bitcoin, Ethereum, and believe it or not, probably DOGE. But until they actually gain some sort of understanding of what the technology actually does and why it's important, you're not going to see too many people head this direction.
That's why #Splinterlands is such a big deal. People will end up learning about HIVE almost by accident. Same holds true for 3Spk and ProjectBlank. Once those apps start attracting notice, the people that want to learn what it's all about will discover HIVE and everything it offers. Until then, we can market til we're blue in the face and we'll pick people up by ones and twos. These apps are the key to bringing them in by the 10s, 100s, and ultimately, hopefully the 1000s.
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Cryptocurrency is definitely in its infancy. Few of us if any will have bought Bitcoin when it was worth less than SHIB, but in the grand scheme of things we are early adopters of cryptocurrency. If the 1849 California Gold Rush began in, say, April, then we would be at the crypto-equivalent of June 1849. Whatever the timing was for the 1849 California Gold Rush, we are 2 months after its beginning.
Bitcoin and Ethereum are what's in the news all the time, and Dogecoin gets a few mentions during the week. For me, Dogecoin crossed over from being a memecoin to being a bona fide crypto. Take away it's market cap ranking, its influencers, and its hype. and it is doing well enough on its merits. There is no way it will be in the same class as Bitcoin, Ethereum, or Litecoin, but Dogecoin is close to being what it promised to be: a fun Internet money for the people.
The only use of Bitcoin as money I know about is that 2 pizza pie purchase from its early days when people couldn't give away Bitcoin fast enough. Meanwhile, all I hear about Ethereum is high gas fees due to traffic congestion. Take away the jokes and the memes about Dogecoin, and it has a history of being used as money, and isn't that the ultimate purpose of cryptocurrency? After all, none of us got into Hive or cryptocurency to use it for waxing the floor or baking sourdough bread.
Getting people to join Hive as Hive would be hard, and it doesn't help that search engines bring up that "Hive Blockchain" company before Our Hive. Splinterlands is doing a lot of heavy lifting for us, and it's amazing how much has happened over the last two months thanks to Splinterlands.
iPhone was a nice device, but it was the App Store which made it useful to people. "There's an app for that" was maybe the most important sentence anyone had said during the 2000s. Without the apps from the App Store, iPhone was just a horrendously priced crystal brick.
I see Hive in a similar situation. As great as Hive is, it will be the Layer 2 dApps which help people realize its greatness. LeoFinance is doing that on the blogging side. Splinterlands is doing that on the blockchain gaming side. SPK Network is doing that on the multimedia side. #CXCMusic and #Beatzchain are doing it on the music side. When these succeed, Hive succeeds, and then we succeed. We cannot underestimate the importance of Layer 2 for Hive.
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Yeah the Splinterlands this it's a great gateway. I was watching a streamer the other day and some of the audience was complaining they couldn't combine cards in the game because they were out of RC so the streamer went on and gave them a crash course on why staking HIVE is important and how they could do that.
Some people had no idea that there was this whole thing called Hive behind the game
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I am not so sure what can be done. Increasing the payout window won't help at all. Need some other mechanism to solve this.
We have tips on Peakd but does anyone use them? I don't think so!
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Whether we try to attract influencers and shillers or not, where may be some things we can try while keeping the earnings system
as-is:There are tricks that have been developed over time which go beyond the basics we learn at first. Knowing where to go to find this sort of information will be useful to both normal Hivers and the influences we'd like to bring over.
This sort of information doesn't need to be centralized, but it needs to be more easily available for all of us to access and update as needed.
If we can show how influencers can still make the big bucks even without considereing the 7-day earnings period we use, this would be huge for us and for them. They wouldn't want to start from zero and spend 5 years to reach 1 million HP, but if they know they can bring over their Web 2.0 money to Web 3.0 Hive and let math work in their favor with the insane returns crypto is famous for, that can work in our favor.
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These are some amazing points, Magna. I think answers to these questions would make a great guide for a newbie on Leo Finance or Hive. Many people struggle to find answers to such basic questions even after spending a good time on the platform. Hive/LeoFinance are not just content creation platforms. There are hundreds of other opportunities catering to different kinds of users and their interests ✌
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Guides covering these topics would be for everyone, not just newbies. How much did you learn about making more HIVE/LEO when you were a newbie? Not that much. I'm guessing you picked it up after three months as you followed the examples of a number of your fellow Hivers and Leos.
Even if you learned about many ways to earn more crypto here, how long did it take you to get in a position where you could do any of those things? Someone constantly in RC Jail wouldn't be in a position to post, while someone with 1500 HP can delegate to a number of accounts and even invest in successful projects from LeoFiannce and the crew at Hive.Pizza. Having a roadmap for Hivers is just as important as having a roadmap for Hive social blockchain.
People just need to know what is out there and when it makes sense for them to do those things.
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Right. Took me a while to understand this game. If I had better guides, the learning curve would have been a lot lesser. Also, I didn't ask enough questions initially due to lots of apprehensions. My best newbie advice would be to ask questions directly instead of wasting time to look everywhere. Because so far there's no one guide that could tell you all the hacks.
That's a brilliant idea because everyone could use a list of steps and items they need to do to get up to speed.
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It's like New Hire Orientation at a job only without Human Resources. Once we know the basics of what we need to do to use crypto to make more crypto, we can focus on that instead of trying to figure out who to ask or where to go to be able to do that. When we're ready to take it to another level, then we go to there those people are to see how they did it.
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I'm a bit skeptical about the influencer thing but in general I agree with everything you said, especially the information part. Things can be very complicated for people who are very new to crypto.
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On one hand, it would be nice to land an influencer with high name recognition. On the other hand, the influencer should join us on our terms, not his or hers.
Both Web 2.0 and Web 3.0 use likes or their equivalents. Hive offers crypto, and their Web 2.0 apps don't. Other Web 3.0 services offer crypto as well, but can they say they fought the power? Hive can.
I may be wrong here, but as far as I can tell Hive is the only crypto-rewarding platform which is community first, and Hive's war for independence is proof. This looks to me like Hive's USP, and we can use that as a marketing tool.
We combine that with the numerous ways investing in Hive can help their money grow in ways not possible with the Web 2.0 services they came from, that seems to be a powerful 1-2 punch.
FB/IG/YT/Tw may let you make bank; Hive is bank, and you are your own bank at Hive. This concept can be fine-tuned to sound less clumsy, but the kernel for a powerful marketing tool is in there.
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You tell them the same thing that everyone else on here does that makes money: put in the effort and put out quality material and you will gather a following and get paid. Pretty standard stuff. Most of these influencers obviously already understand that better than most people here. Maybe there is an exception or two out there but the vast majority of the people making money on youtube have been doing it for years. Not weeks. Not months. Not a year. YearSSS.
Starting over on HIVE would certainly suck. But when they're banned and lose all their content, we'll see how long it takes them to switch then.
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Even if they have to start over, they need to be persuaded that it's worth it for them. If they can see that after 1 year they made substantial progress (however they want to define that for themselves), they wouldn't feel do bad about starting from scratch. Just as they had to work at the Web 2.0 platform to get where they got, they would need to work here.
If they have money they can invest when they start, then it's just a matter of math doing its thing for them. They would still need to work to gain followers either from the platform they left or from here or both. Then they can prove their influence across multiple platforms and paradigms (Web 2.0 and Web 3.0). Money alone can't buy that.
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I think 7 day window is definitely hurting video and image based content creators. I mean one can let go of the written content but video and image are expensive in it's effort. So 7 day window often kills good content.
Cryptocurrency markets taking another whack as China bans Bitcoin again....
How many times can you ban something?
Here is another edition of our daily #leomarkettalk.
Let us close out the month strong with comments. It is the weekend so news is slow. We will have to make our own.
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The superpower of China & India - Ban bitcoin every year. ✌
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Is the battle between the government on banning or adopting crypto still ongoing? I haven't heard much in India lately.
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I thought they would be smarter by now but I guess some people just never learn
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Well...this time it's more serious but yes it's the same usual tactic. I do think they are serious so people can't move the Yuan into other currencies using crypto.
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It is sad to see how people are giving in to market manipulation for no just cost. Why do we allow people , country and individual to control our choices ? , It is indeed very sad to witness such things happening in the cryptosphere.
Yes you are right. It's sad indeed but it's a result of many years of living under a failed system that doesn't make sense anymore. People stick to it because they don't know any better and that's the message we're trying to spread: there is something much better.
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Ever since I found financial freedom through cryptocurrency and blockchain , am barely concerned with what ever people think because I do my own research before investing in any project
Infinity. Obviously BTC will die headlines will go on until the end of time.
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I see this as market manipulation rather than emphasis. China has banned Bitcoin some months ago and has chased all miners out of the country. The Evergrande event that could have pulled the market down wasn't really strong.
Left for me , it is time for cryptocurrency investors to stand with one voice and say no to market manipulation by anyone.
We shouldn't allow ourselves to be forced into panic selling and the likes.
Hey @jerrythefarmer, I have been claiming XP and VOLTS on Zapper. Can you tell me what are these and how I can use them?
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Volts are used to claim rewards. You can find them if you click on the "rewards" tab.
Before you can do that, you need to switch to the ETH network, sync your Volts and then start claiming. I know it can be expensive but no reason to do anything just now since it will last for another 3 months or so.
XP was used to claim NFTs last season, I don't know if they have any plans for it this season. So far the only currency that can be used in the shop is Volts so collecting them is the main objective.
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Got it. Thanks a lot for the explanation, Jerry. Cheers!
Will collect as many as possible.
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Splinterlands servers are having issues. I tend to get them periodically but it seems like the game is almost unbearable to play right now so I guess I will do the rest of my quest tomorrow. I was off to a bad start on my quest either way.
Do you just grind through the issues or give up and come back later when this happens?
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I used to grind on but then there was this time when I lost many battles because of the instability so no wI just give it some time and come back later
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Yea it was the same for me. Last night soon after I posted the comment, they disabled ranked battles.
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I too waited until this morning to finish the quest. I was tired last night and the constant wait and them error was aggravating the piss out of me.
So rather than throw the laptop against the wall, I stopped the chase.
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I forgot about my quest until the afternoon but it was a good run since I won everything in a win streak and barely got to Gold II on my last win. So I got an extra chest.
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REMINDER!!!
Get your #CANDIES since they are there for the taking.
It is that time of the day again.
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Tonight I picked up the 100-bag of CANDIES. For HEARTS i'm at the 20-bag stage of the week.
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Hey I just figured out that I can set a phone reminder now for this as well so I better not forget!
Done. I forgot to collect yesterday and back to 10.
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Hey Guys, Go to the "Rewards" section on Coinmarketcap and redeem this:
You can do it three times and I got more diamonds then I spent every time. 😋
120
150
180
For spending 300 Diamonds, I got 450 Diamonds back.
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I don't seem to have this under my rewards option for some reason :(
That sucks! Maybe it's not available anymore. These rewards go out really fast. Especially the free or discounted NFTs. Always miss them!
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Thanks for the tip. 50, 120, and 20. Lost 110. I should have known better....
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Fuck.. sorry man! I thought you would only get more than you put in. 😶
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lol. No worries. But I did want to provide the counter testimonial so people know it truly is a gamble....
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Thank you so much for doing it. If I knew the risks, wouldn't have done it myself or recommended others to do it.
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It's out of stock so I guess its too late.
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Good. You might have lost some Diamonds just like @dagger212.
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Yea it looks like it was just a gamble. It's nice to know though.
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Yeah, I didn't realize until I saw Dagger losing his diamonds. They could have been spent better.
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Can someone get this NFT on Coinmarketcap? I just need 19,930 Diamonds more.
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ah dang that would be sweet moboxes have taken off
It's so costly and there's only one available on CMC. So it has to be good. 😁
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Been sweeping 'em candies as I read some headlines daily, hehe.
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Done, as always. Tomorrow is the big one and then back to the grind...
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Two more days and I'll reach the 6k mark
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40 candies and 20 diamonds collected.
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China’s crypto trading ban on Friday is the most serious yet as per some of the Chinese citizens.
Its central bank has declared all virtual currency-related activities illegal, naming Tether for the first time and sending down bitcoin and ether prices.
How will it impact the industry?
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Well first off, it will help stabilize the digital yuan. Most of the rich people there are always busy converting their money into physical assets or other currencies since they know how risky it is. By stopping crypto, it basically cuts off another one of the ways to convert money away and it may help the velocity of money in their own country.
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Forget bitcoin and crypto what about their games being sold with virtual currency, that too creates artificial market. How do they want to handle that?
They could just create an internal market where people are only allowed to exchange virtual currencies into digital yuan. It might be more of a closed system though.
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Those games will have to close if they are registered as a business in China. They can always move their HQs to different locations. They are n number of ways to go around this ban.
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Crypto-wise, I think China might get excluded out since it might be too risky to buy but we never know what the future has in store either.
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Another update from Blocktrades.
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These are some important changes and I think I like all of them. ✌ Better upvoting experience.
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Yea I think it's good. I thought comments couldn't be deleted anyways after someone gives it a vote.
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Oh that's nice
They are aiming for December as well. This last quarter is going to be a big one if all the projects meet their deadlines
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It's nice to see them work on everything but it sure looks like a lot happened underneath that we generally don't see.
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NFTs are bringing back dot-com era hype over domain names. "If you have a short domain name, that’s kind of a flex," Jimmy Chang, Unstoppable Domains.
Do you know you can buy & sell domain names as NFTs on Opensea?
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Hehe, this sounds sleek. Basically, we moving into an economy where anything can be monetized. While buying and selling of domains isn't new, as NFTs? definitely didn't see that coming :)
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Yeah, even I got to know about Unstoppable domains recently. They have some cool extensions.
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Unstoppable Domains-- the place to set up Ethereun Name Servers, and now the place for domain names as NFTs. This place gets better all the time.
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Yea I heard about domain names being sold but not as NFTs. It is a possible way to track ownership of digital assets though.
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Didn't know that. I know some people who made a decent amount of money selling domains back in the day though.
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Yeah, I made some money as well. It used to be crazy. Now these NFT Domains are even crazier. 😂
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Thanks to China. We have another opportunity to buy the dip. It's not so bad after all. BTC is going to $100K anyway with a few more ups and downs and ups. ✌🚀
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I think 100k will have to wait till next year though. Of course it will get to 100k in the long term easily.
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I think there's a slight chance we might see it before the year end. Let's see what happens! Going to be
interesting.
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There's a lot more places bitcoin can go than $100k, we all should kinda quit saying that, because it's way higher, just wait, until we take millions of users to billions, then something is definitely gonna grow pass its axis.
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Don't you think $100K is possible by the year-end?
Ok, give me a number, a wild guess. It will be interesting to see where we will end up in the next 3 months.
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If the community grows in size, then we're definitely bound to see huge numbers, but if it takes a slower pace, we may have to hang in till new year to see $100k
However, crypto is full of surprises, so whether or not it goes up or down now, there will always come green days, only sellers are losers...
So in numbers, I'd say, if September closes and October opens with Bitcoin trading above $50k then I don't see why $70-80k isn't possible before new year. But I personally believe that the craziest movements are coming 2023.
Giving the political system that one year time of presenting CBDCs to the world then growing the public curiosity on how it started, wherein the truth behind those schemes would be revealed and the crypto industry will see more adoption.
So basically, the existing community members are almost at the limits, what we most be experiencing now is new projects rolling out and causing people to diversify, you can't actually tell how much has been pulled from BTC to alts like ADA. So then, more users is all it takes to get us flying since existing folks got less money now to pump it :)
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So many valid points @badbitch. There is so much uncertainty in the minds of people. Greed and fear are high. ✌ Bitcoin can go anywhere but in the end it's going up.
Recently Twitter added bitcoin tips. I know it has its downsides but it's great for mass adoption. Next step would be to join bitcoin community and web 3.0 through other channels. It's still a gateway to crypto for many!
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What you are doing buying more from the FIAT or just moving your ALT coin to BTC and ETH
I'm buying some, but not touching my alts. I believe all my alts have great potential.
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That's correct, but we can have portfolio rebalancing
I do that all the time. It helps you to move your profits and invest further into other projects or probably the same projects.
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I am doing a bit of both. Whatever profits I make and crypto I earn from different platforms, it is either reinvested or exchanged for bitcoin. ✌
Also, I am putting my own money inside as well, whenever I have extra. I never have extra because I buy Bitcoin with it. Little drops of bitcoin make a mighty investment.
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That's actually great thing to do
Yeah, man. Since BTC is the safest investment in all of crypto, it makes sense to put your money in it to safeguard your investment to some extent.
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Short USD. Short EUR. Short GBP. Short CNY. Short JPY. Short BRL. Short MXN. Short AUD.
Short them all.
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Bitcoin miners Riot Blockchain dropped 6.5%, while Marathon Digital fell 6.2%. Hut 8 Mining Corp. and Bit Digital, Inc. both dropped 5.3%.
MicroStrategy Inc., dropped 3.3%, while crypto exchange Coinbase Global, Inc. dropped by 2.9%
Stocks are dropping after the 'China Crypto Ban' news came out.
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All of them are the normal stock trader's play on BTC since there isn't an ETF. It's similar to how sometimes people play on miners on precious metals.
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A Morgan Stanley exec compared Bitcoin rising from the dead to Kenny from South Park, whose character dies in every episode.
Any South Park fans here?
"OMG! They (read CHINA) Killed Kenny (read Bitcoin).
In the next episode. We see Kenny alive and happy and he dies again. 😂😂
Both Kenny and Bitcoin are orange in color. 😮
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Yea it's the same old story with China and the FUD on crypto. I fully expect to see the headline show up at least once a month.
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Hahaha I love South Park!
If we had a dollar for every time they they say Bitcoin is dead...
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We would have bought BTC with all those dollars and we would have been BTC Millionaries already!
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I found the answer to the million-dollar question!
Eighteen: that's how many times China has banned crypto over the last dozen years, only to have Bitcoin bounce back. They banned 'virtual currencies' for the first time in 2009.
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Is it just me reading this as 18 confused decision? :)
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You are reading between the lines and that is what I expect from you!
They are confused AF.
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So China bans Bitcoin like we change socks.
The uncertainty of the bans is just as bad as actual bans which are long-term or permanent. There's a reason "uncertainty" is part of FUD.
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China is famous for spreading FUD. Sadly it's so big to affect the markets. Which is ok! Let's consider this a correction before the bull run.
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If you're able to take advantage of the opprtunity to buy the dips, do it. That's how winning is done!
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100%. And I am here for the win. I try my best to take advantage of the dips but money is tight. 😂
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September 2017: China Bitcoin ‘ban’ sparked $20K all-time high in 3 months.
Are we going to see another ATH in the next 3 months? 😂
I think YES!
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Since it lands with the year end, yes I do. All those future traders would be sweating otherwise.
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According to the multinational investment bank JPMorgan, institutional investors are moving away from #Bitcoin futures in favor of Ether derivatives.
Can we expect a boost to ETH in the near future? It's only obvious due to the increasing popularity of DeFi and NFTs.
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Well I think BTC was what everyone was learning about. But as they learned about ETH and smart contracts, they are learning about how applications can be built on top of chains. It's why I see a lot of the normal stock guys like ETH due to utility.
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Yeah I think so. The flippening will happen eventually
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The Flippening will happen, but it may not be Ethereum flipping Bitcoin. Other cryptocurrencies are growing. It's more likely that ETH gets flipped before BTC gets flipped.
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I still think ETH is going to flip BTC before any other major flippening.
ETH is the gateway to WEB 3.0, their community is pretty hard to replicate just like HIVE's. And we all know the community is everything.
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Ethereum is the godfather to Hive. None of us can deny this fact. Smart contract technology saved cryptocurrency for Bitcoin, even if Bitcoin itself never uses them. It boosted interest in cryptocurrency. We know the rest of the story.
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I don't why we are not pushing for Smart Contracts on Hive. Do we have something better? How are the current DApps managing?
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I thought Hive used smart contracts.
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It's coming very soon.
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Marion Laboure, an Analyst at the German bank has described Bitcoin as a cryptocurrency “too important to ignore". According to her, it's Digital Gold and first movers will have a huge advantage.
Do you think she's right? Will BTC stay as the king of crypto for a foreseeable future?
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Well...I don't know but I do know it will stay as a top crypto coin even if its not all the way at the top.
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You are right J. That's for sure. It has a special place in the cryptoverse.
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Daily Leo Newsletter is here:
Click the link above to read more. It's a great source of News bits from the crypto world. ✌
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I think some of the articles are missing links.
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All the above topics are discussed in the same link. So I only linked it to the one.
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Ah ok. I didn't open the link last night sine I was just browsing through the comments.
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It will take you to the daily newsletter where you can quickly scan through the bite-sized news about crypto & blockchain space.
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My 3 Altcoin Picks For The Month outside of Hiveverse:
What are yours?
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Was recommended by a friend, been watching it closely, been making pretty decent movements.
probably wasn't watching through lenses so not financial advice. And even if I were, you prolly don't want a four eyes monster giving you directions ;)
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Lol, not a problem. I will make sure to do my own research. Thanks for the tip, looks interesting.
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BCH, DOT, RUNE
Sell BCH and buy DOT & RUNE with it. BCH is a shitcoin IMHO.
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Shitcoins don't cross 1300 USD price mark. I sold 1BCH for SGD and profit was good.
BCH is one of the best choices for everyday crypto. Because POS systems are accepting BCH.
No other stablecoin and crypto has acceptance like BCH in outdoor shops in SEA region.
Good that you made a profit. I made profits too on several coins. But that's not the basis of good crypto or a good investment.
I didn't know that at all and I live in India.
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Profit and everyday use is what I consider quality of a good crypto. After spending a lot of time in blockchains I realized in the world of VC sell out and scams, if any crypto is being accepted in shops, I consider that crypto good enough. Maybe my view of "good crypto" is shallow and conservative but it gets the work done.
If you check the sites like noise.cash and read.cash you'd notice that people from SEA region have been accepting BCH in their shops and the everyday usage, a lot of credit goes to coins.ph and PH members holding many online shops accepting BCH.
Everyday use is fine. But you can make a profit with shitcoins too. That's why I mentioned that it is not a parameter to judge whether a coin is worthy or not.
That's true. I agree because, you can crib about it all you want, but it is the most usable currency right now. If I can't buy food with BTC, it's not much of a use for me.
I think BCH is quite famous in SEA. My wife uses both of those websites. I never look much into them. Do you think it's worthy to publish content there as well?
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Do people use a cryptocurrency as money? Do people buy and sell using a cryptocurrency? These are fundamental uses of cryptocurrency, and this alone can make up for "lack of use case." For me, this is the only use case which matters most. It's even more important for cryptos which were launched before the arrival of Ethereum.
Programmable money is nice to have, and Hive is proof of this. However, sometimes being "just money" is good enough when people trade with that money.
By that criteria, for me Dogecoin is money while Shiba Inu is a speculation.
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Rune, Luna, Link
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Nice options mate. ✌🚀
Make more money with them just by HODLing.
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Utopis is valued at 5 Hive and now giving out 69.27% APR.
Read the latest update: https://leofinance.io/@chronocrypto/utopis-is-valued-at-5-hive
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I saw that post earlier in the day but I think I'll wait till next month to decide which HE tokens to add on to.
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Lol, there are so many options to choose from. I always get confused.
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Yea it's tough since there are too many choices and its hard to pick.
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Hive is full of different opprtunities! 🚀
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That's nice. I'm glad I picked most of mine at 3.5 or less
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Same! But I feel it's still quite low considering the supply of the token. It's so low.
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I just got some SPS and staked it in the pool to get more!
Who is planning to buy CHAOS Legion Packs? ✌
I will keep some liquid Hive to buy Vouchers too. There is no way I am getting a decent amount just through the Airdrop since I don't have that enough SPS staked.
You can also get vouchers for holding INDEX.
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How much SPS do you now have?
What do you think is a minimum level to really be able to take advantage?
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Right now we have 97M SPS Staked as per the website. Let's just say this count reaches 100M towards the start of the presale then the above calculation will hold true.
If you have 1000 SPS staked, you will get 0.33333 vouchers daily. 30*0.33333 = 9.9999 (~10)
With that much, you can only buy 10 packs. So the rest will have to be bought from the market in case you need more. Vouchers' price could grow towards the end of presale so it's better if you buy as many as you can even if you don't use all of them. 😂
If you want to earn 100 Vouchers (to buy 100 packs) in 30 days, keep 10K SPS minimum. Keep more if you think we will have more than 100M SPS staked by the time presale starts.
I have 600 which is nothing. Getting around 15 SPS from the airdrop. I will try to reach at least 1000 SPS 18th. Let's see!
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I heard some people saying that you need around 2.7k to get one voucher a day. Not sure I'll be able to get a lot of packs in the presale but it is what it is
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Yea it looks like I should be able to get a pack a day at least but who knows since it hasn't started dropping yet and numbers can change fast.
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I found this post that breaks down the current staking amounts and how many vouchers. Of course I am not sure if all the math adds up.
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I do plan on buying some and the limited promo card requires at least 50 packs bought. The gold foil version requires 1k from what I heard. I linked the post I saw it in to a reply to forexbrokr
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I think I also read that there is still a 2% chance to get gold foil cards even if you don't buy 1000 packs. With 1k packs it's guaranteed.
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Well...that 2% chance is pretty low so I would probably say you probably won't get one otherwise.
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Lol, I was thinking the same. You would have to be way too lucky to get one. Wishing us all the luck in the world J.
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Looks like it's just me today talking to myself. 😂😂
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I was a bit busy myself. So I dropped by to chat...of course I am going to sleep soon though. I took a bit of time to write up my weekly Rising Star giveaway post...so I only have to spin the wheel to find out who the winner is in the morning.
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That's cool J. Whenever you get the time. We might push it to 10k. I think we will.
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Well it looks like we might need to hustle over the last few days if we want to reach the goal. Today we are still under the minimum and we are behind normally as well.
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No. I think we are on track to 10K. We had some good days initially. We slowed down in the middle. And now we might have to do 350+ comments each day to reach the goal. I think it can be done.
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I don't think we are on track but I could be wrong. At the very least the past few days hasn't been great for the numbers.
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My gut feeling tells me that we are GMI. Let's see if we can crush 500 today. That too on a Sunday.
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Not anymore ;)
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Nice to see you here @badbitch. 😉✌
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Pleasure soldier 🤘
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The post time doesn't actually favor Nigerians, lol, it's like almost 3am here, and I've not had no sleep yet :(
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Well, this post is available 24x7 so you can drop by anytime. Are you from Nigeria?
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Well, just because a party is all day and through the night doesn't mean it will feel the same later on, most of the magic and fun is at the early hours.
Yes, I'm Nigerian but you could remove the "ian" there, rephrase my sentence by typing;
"throw" first, then "me" then "into" then "the" and finally type "river instead" at the end. So you'd have something like this ;
Throw me Into The Niger River Instead
😉
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That is true... activity seems to die off later in the day
Maybe if we can get enough regulars from different time zones that could be a different story
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China's ban on Cryptocurrency has a deeper issue at its core amidst economic collapse and war with a super power and its becoming clearer that COVID19 was a Chinese experiment gone wrong.
https://leofinance.io/@melbourneswest/china-s-ban-on-crypto-is-a-sign-of-bigger-things-to-come-war
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Well obviously there were issues on COVID and I do think it originated in China. As for whether or not it was intentional, there is not enough facts out there to show that it was.
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Chinese are famous for doing such things. Due to bad economic conditions within the country and the increasing social unrest, they divert its citizens by doing such things. This ban would make a great worldwide news and everyone will now talk about this FUD. Spreading more FUD.
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It's going to be a very interesting 12 month period I have to say, I wonder how the world will react to COVID being manufactured in China.
I am wondering what effects Evergrande will have since it could definitely come back to bite them if they don't handle it properly.
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Lol, true. It's a major screw up happened for them. Let's if they are GMI or not.
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I got banned on facebook for saying "chinese virus" and it being a chinese experiment gone wrong. According to left I am saying "chinese virus" is racist. Sometimes I feel like left kind of bows to china and middle eastern powers. Anyway, debates and the argument can't be controlled on hive and can take terrible turn.
Well you obviously know all those people taking in money from the Chinese government to push their policies. I doubt anyone is surprised since people are banned for not sucking up to the mainstream opinion
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I think the thing with Facebook goes beyond the left and right debate.
I know people from both sides of the spectrum who got banned for nothing. If they don't like something you say, you get canned regardless your political views
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Exactly it's like someone's out there who have entire narrative planned and making us follow that.
And it's good for people around the world because they can get their pocket filled up and we should not depend on any one country for manipulation of the prices
Seriously, I'm not. However, tonight I discovered a link which may be of interest to many of us here around Tax Time:
I know enough to say that this will vary by jurisdiction and by nation. Even so, there may be useful hints there for us to use.
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Haha. So, we don't have any regulations around crypto yet. I am filing taxes in the same way when I was doing my job. ✌
But I know some people use the loopholes to their advantage and save on tax legally.
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It's not tax evasion if they follow the law.
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Oh yeah! 🙏 Follow the law and you are good to go.
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What none of us need is a visit from this guy:
Source: callofduty.com
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Oh. Mr. Dredd. I love him though. 🧡
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The 1995 movie starring Sylvester Stallone was OK, but Rob Schneider killed the movie for me. The 2012 movie starring Karl Urban was an excellent movie which didn't get the attention it deserved, and it's way better than the 1995 movie. It's not easy to act and emote while only the mouth and chin are visible under that helmet, but Karl Urban pulled it off.
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I keep saying I'll learn about the current crypto legislation here but I never get around to it... taxes season is still many months away but I guess I should start looking into that crap
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If there's a possibility that you will owe money and need to pay those taxes, you want to find that out before you prepare your tax return. You'll want time to round up funds to pay off that stink bomb. This way, if it turns out you don't need to pay the taxes, that money you rounded up can go toward more crypto.
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Yea, that's definitely what I should be doing! I guess I'll make some time next week for that
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Well...I think we only need to talk about the capital gains. The US doesn't seem to care so long as they get their money.
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As long as it's money made from cashing out, it's no big deal. Taxing unrealized gains, as had been proposed earlier this year, is sheer madness. That's outright theft.
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Yea it definitely is. I am glad it didn't go through.
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This article may be 5 days old, but it could explain what we're dealing with:
The only thing the article didn't do was compensate its readers with DIAMONDS.
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Leverage is definitely dangerous. That must of hurt quite a few people.
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Derivatives and even options can be dangerous to the wrong people. Each separates the common trader from the major players.
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I'm not really prepared technically nor mentally to play that kind of game so I just stay away and do my thing here!
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That is the best choice. You can earn big but you are risking it big as well.
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That makes 2 of us. While the rewards would be amazing, they come at what cost? I'm not a trader, and I don't have the mentality of a trader.
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The problem with derivatives is that you need to consider the time frame. Generally you have to accept the risk that your investment will go to zero.
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This is why we-- you, me, and many others here-- stick with HODL and buy the dips. It's easier on our mental health that way.
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I expected that from Solana and XRP but I thought Cardano was doing better than that... go figure...
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Sometimes it pays to have a bag of shitcoins if you know what you're doing. I'm just saying....
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Yea, that it's true... a shitcoin is a shitcoin until it isn't...
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If the shitcoin moons, then it's like finding money on the street: you weren't expecting it, but it makes your day.
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Hahaha that's very right
Not a bad day if you can turn like 50 bucks into thousands. Doesn't happen all that often but it's always a possibility
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Even better would be turning real-life found money into crypto found money. Except for a coin or two, we don't usually find money in the street. USD 50 would be a week of obscenely-priced coffee or a day at a show, so diverting that money to Shiba Inu or some other shitcoin wouldn't be a bad move. The only bad thing would be the tax implications should the shitcoin moon, and we can deal with that when it hapepns.
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I think Cardano's AML/KYC related news turns out to be FUD but it will damage the cardano in near future. Solana seems to have some future but XRP, I am not touching it at all.
XRP still has its legal battles with the American SEC, so it will be a while before it can take off or fall off a cliff.
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Not touching XRP either... I have my doubts about Solana because I keep hearing mixed opinions about it and I'm not really sure where it stands
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Trumpan is hosting a dCity giveaway. It's pretty easy to participate. All you have to do is burn 1 LEO and write a funny memo. If you make him laugh you might be the lucky winner! Check his post for the deets:
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Yea I noticed after the fact but I sent my participation with the same memo as someone else after the fact... I should of went through the comments first.
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Oh I just saw yours. I think it was clever. Too bad someone else had the same idea
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Question.
Is it a good thing that we are getting less HBD and forced HIVE with HBD or is it a bad thing?
I can't understand the distribution in payout now (in context of if it's good for us)
How do you handle such changing payout times?
Well I don't mind either way. I was holding onto HBD incase HIVE price dips further but having HIVE means I can use it on HIVE engine tokens when I need it.
This is a self-regulating feature to maintain the price of HIVE since we don't have enough HIVE out there to print it as full HBD.
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I don't really mind it. It is what it is.
Blocktrades said on the crypto maniacs that he thinks the 10% threshold is quite conservative so maybe we will see it increase in the future
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All I know is that I have nearly all my HIVE as HP and my HBD in savings, so I can use liquid HIVE to do things later. Even if I power down a small amount of HP to get liquid HIVE, it takes a while. We'll see how long this lasts.
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At the moment, Dogecoin is in POB-LEO territory:
Even if it still encounters resistance or more drops, it will follow Bitcoin's example at achieve lows based off its ATH. The days of a penny being worth more than DOGE 1 are over.
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Well...DOGE got its pump and hype from Elon. I don't think the network itself is developing enough use cases or applications to maintain the elevated prices.
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As a transactional crypto, it doesn't need a use case; it just needs to be used as money between two parties to an exchange.
As for the pump it got from its "godfather," it may have been enough to keep it above USD 0.01 for good. That doesn't sound like much, but there are fiat currencies whose exchange rate is nowhere near USD 0.01.
AMC Theaters allowing DOGE to be used for purchases helps Dogecoin, but given the state of filmgoingin 2021 it may be too little too late for both DOGE and AMC.
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Yea I don't think AMC will make much of a change. With how much technology has improved, your home experience might be better compared to going to the theaters.
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Going to the movie theater to watch a movie isn't so much to watch the movie itself as it is to be an event to look forward to after a week or month of routine activity. It's an excuse to get out of the house or apartment. There may also be things that happen which make the movie-going experience memorable (preferably in good ways).
It also offers ways not to be tracked if you pay with cash. After all, you wouldn't want people to know you ordered an on-demand viewing of The Sound of Music when you present yourself in public as a hyperactive death metal fan of GWAR.
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Ya that's a good point.
Even when things get back to "normal" I don't think I'll be going to theathers as much as I used to. Only for some specific movies that require an immersive experience and that's only while I can't have that kind of experience in my own house
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I'm done with movies; I need that money for crypto and other things. I'm done with sports, too, and for the same reasons. The "movie experience" is why I went to see movies at a theater; it's just not the same seeing them on a computer screen or even a large TV screen at home.
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This was bound to happen sooner or later:
I'm posting this article as an excuse to backilink to the Shiba Inu (SHIB) Guide.
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Well with the Chinese FUD, I am not surprised everything is tanking. Of course this includes the meme coins.
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Let's remember: the first meme coin was Bitcoin.
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Hehehe good move Linkin the guide
I don't have either of those tokens so not much of a difference for me but it's interesting to watch how these so called shit coins perform in times like these.
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With at least 140 Dogecoin-themed cryptos out there, the only one I hear about is Shiba Inu. For a so-called shitcoin, it's doing well enough to attract name recognition.
I'm not involved with Shiba Inu, but if things stay the same and still leads the other Dogecoin-themed cryptos after some time, then I may consider buying some to get in the game. In this case, it would be pure speculation.
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Wow I had no idea there were so many coins on that theme. I also only knew about Shiba
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At the time I posted about them at CENT, I had counted around 140 of the things. Since then more came online. Dog, dooge, shiba, and inu where the terms I used at either CoinGecko or CoinMarketCap to get my list.
I was going to update that post now so much with new coins but to inlude brief descriptions about them before posting it at LeoFinance. I may still do this, but demand for it isn't so great and isn't as high on my to-do list as it was earlier.
My focus after the contest will be on Hive Layer 2 since there's a gold mine of content I can mine from Hive engine. This is why I took off a bit from Crypto Guides: I need time to compile that Excel Spreadsheet using the data that's hidden from view at Hive Engine. I'll be back some time in October or after the contest ends (whichever is later).
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Oh yeah, I remember you talked about that project. Looking forward to seeing it when you're done
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I wanted to start posting on it in October, but if we don't hit 10,000 comments this month then it will be delayed.
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The latest Cryptomaniac's podcast is out. It was a summary of some of the things that happened on HIVE this week.
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Damn I'm so behind on the podcast! I've been way to busy but I hope I can find the time to catch up next week.
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You have plenty of time. Maybe you can just play it in the background while you catch up.
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I guess I'll do that tomorrow while doing chores around the house because today I'm on the road and it's going to be a very busy day
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I will have to find some time to watch it. Great source of info to know what's happening on Hive.
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Just play it in the background. It's what I do most of the time for 3speak videos.
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Yes, Going to do the same as soon as my son sleeps.
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Well a new game was announced but it looks like the VIBES token and musicforlife wasn't going as expected. Well I hope the game works out but the lack of updates for the musicforlife community was concerning.
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Cool, I'll keep my eyes peeled for that one
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Sounds cool. It's great that they are moving forward with what they have and building on it. ✌ Wish them luck.
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Whenever I read about market correction and bloodbath , I see those complaining as those who have failed to position themselves in the cryptosphere.
The fact remains that crypto is volatile and sometimes news and events can also affect it ,as such the best thing to do is to create a passive form of earning for yourself in such a way that whether the market is in bull or bearish ride , you will surely be earning profit every minute.
There are tons of ways to achieve this such as LP farming , naked staking and yield farming.
We should expand our ways of earning beyond buying the dip and earning in the bull .
Yes, that's how I see things too. Either way, it's always interesting to watch how things affect the market. I'm not really bothered by prices because I still think in the long run these oscillations won't matter much but we can definitely learn a lot
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That's true. It's better to diversify your portfolio and invest in multiple opportunities that crypto presents. In case one fails or go down, you have maybe 5 others which are doing decent. ✌️
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I think buying the dip is the most common and easiest way to increase your portfolio. Other things might need some type of learning
Even buying the dip requires learning and experience. I know a lot of people who got completely wrecked trying to do that without any experience or knowledge and gave up right after
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That's correct, but I am talking about the easiest among others
It is easy but at the same time surest way to being wrecked . If you have to buy the dip , ensure that it is a dip with good usecase
What I usually do is to buy every dip, but only Bitcoin and Etherum. I buy very small amount and thus wait for the dip. Getting wrecked is where you buy the dip for the wrong coin.
That's not a bad idea but I will advise you to diversify. Presently I earn daily reward from different projects and I still have my Bitcoin and ethereum
Best strategy ever! Your money is safe. ❤
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Buy the rumor, Sell the news. That's what I follow. 😁
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Just imagine you bought the dip and market dipped again but now you don't have funds to buy. That's where most people get stuck. And they be like WTF! 😂
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Dollar Cost Averaging is one other way to invest into any asset into long term. That is why I buy Bitcoin daily. You never put too much money at once.
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Buying the dip isn't exciting or sexy or anything to brag about, but Warren Buffet doesn't mind buying the dip.
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Yea people didn't make a plan before entering. They don't understand the risks and if the market goes in their favor, they don't complain.
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SEED holders, the latest report is out and also your input is required
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Well Empoderat already made the move because the proposal had massive support. You can see more details on his latest post
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Yea the move was quite fast and I was expecting it to happen a bit later.
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I think it's a good way since the DAO requires a required level of investment while ORION doesn't.
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Yes I agree. We can always buy some ORION ourselves
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I never really looked into it but I am glad it's doing great so far.
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Tell me the names of some crypto friendly countries where I can actually spend my crypto and several options available to invest in it.
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El Salvador xD
But seriously though, I don't know about that. I think many crypto exchanges are registered in the Cayman Islands so maybe you could try them.
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That was pretty much what came to mind for me also. The obvious answer is El Salvador.
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I think Malta is another country that can come under this radar.
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Haha. I wish I could visit the country and enjoy the BTC experience but it's so far.. 🙄
I didn't know the Cayman Islands was a separate territory until a few months ago. Crypto makes you learn a lot of things.
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Still doing my best to post, comment, upvoting and telling people about the community
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Awesome mate. Please try to join the ongoing conversation or maybe start a new one yourself. ✌
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Thank you
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I'm on the road and this is the first time I'm actually using my phone to do things on Hive. It's better than I expected but the experience can get messy on long chains of comments. I don't know how regular mobile users manage it!
I'm glad that we're getting the mobile app soon and I hope it provides a much smoother experience.
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Yea I don't think I can get use to mobile since the screen is so small. Maybe you will like the app when it comes out.
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I prefer a computer as well. But I think I will like having a good mobile app for days like this when I'm away from home
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How many dollars a man can make on Hive?
@gungunkrishu answered this for himself!
https://leofinance.io/@gungunkrishu/how-much-dollars-i-make-on-hive-block-chain-daily-any-guesses
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He is doing very well! Even if you don't consider the Splinterlands stuff, which is by far the largest portion of his daily earnings, he still makes more than a lot of people in my country do with their 9 to 5
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Yeah, man. I have seen him putting his own money at the starting. The initial investment in Hive goes a long way.
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Splinterlands is a game changer for a lot of people. It's amazing how much play to earn has been changing things.
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Changing lives for good. Giving a full-time earning income to many players. It's the use cases Hive needed. 🚀
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@forexbrokr
Dane:
I find myself disliking this crap project more and more to the point I can't stop writing about it (LOL).
I conjured up 'Is PulseChain (PLS) a Scam or Legit' this morning. It's finished, published and linked.
Enjoy!
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Is it a crap project? I haven't started to my research on it. I guess today is the day to get into it.
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IMHO yes, it looks to me like crap because of all the red flags. I don't like it and all I can really say about it is that it isn't an investment I'm going to make.
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Cool. Thanks for the headsup. I have "How Does It Work?" section with me so it's a different direction. Let's see if it has any meat or just a copy paste of thousand other scaling projects.
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JUST A REMINDER: YOU'RE INVITED - Play-to-Earn Gaming Discussion on Leo Market Talk (New Day and Time)
WHEN
Sunday, September 26, 2021 at 10:00 Eastern Daylight Time (UTC minus 4)
WHERE
Leo Market Talk Web Page - Scroll down and find the Official Discussion thread (it will be clearly marked).
TOPICS
Splinterlands/DCity/DCrops. But we encourage discussion of any and all HIVE/Non-HIVE Play-to-Earn Games. Game mechanics, strategies, tokenomics, really anything game related you want to talk about!
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I will do my best to make it. I think I am GMI.
Need to discuss about CHAOS LEGION with you guys. I have lots of questions. 🙄
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