Daily Crypto Markets Live Blog: CryptoMarkets Still Waffling (12/10/21)

in LeoFinance2 years ago

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

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

It is a great way to stimulate engagement.

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

We are open 24/7/365.

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REMINDER!!!

Get thee #CANDIES or you go back to the bottom rung.

Do not miss out on these tasty treats.

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Got my 100 today. Two more weeks to 10k.

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Damn. Accidentally voted on myself. lol

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LOL I did that earlier in the week. It happens once in a while.

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The candies are actually summing up to big lots. Indeed, the tiny drops matter.

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Thanks, I did! I have started over a couple times this week due to the winter storm and no power :)

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Those are acceptable reasons.

The only reasons not to #CANDIE yourself. LOL

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40 candies today. Half way to the 100 claim.

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I'm in as well, starting over to a new week.

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Question. Do you invest into any DeFi or provider liquidity? What is your experience in DeFi tool?

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I invest in Cub Finance and I think the diesel pools on Tribal Dex also count. I think they have been fine so far and the ability to swap at a better price is always appreciated.

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Yep, CubFinance, Tribaldex/BeeSwap, also few other pltorms to try on smartBCH like BenSwap or 1BCH

For me the best one is still the Hive DeFi because for the rest the fees are a real problem. Even if it's "only" $0.15 when you need to approve 2 tokens, buy them, add the liquidity and putting it on pool that makes quickly few $ and if you only have a small amount to add that's too much.
The Hive No fees is much better !

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Hello @esmeesmith
I invest in Cubfinance, two Liquidity Pools there.
I have a very good experience there. The Cub-BUSD LP pool has a very high apr of 120%.
The front page is here: https://cubdefi.com/
Also check the documents section and the CertiK audit. I have a brief post here: https://shortsegments.medium.com/cubfinance-defi-platform-explained-fc47a63d16ae

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I never thought of diesel pools as DeFi, but from what eveyone else has ben saying, it looks like I'm involved in DeFi. Not all diesel pools offer rewards, and rewards from today vary from rewards from yesterday and tomorrow. I don't know about APR or APY, but it's good seeing rewards of various tokens in my wallet for the diesel pool I chose (SWAP.HIVE:PIZZA).

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Slow news day I see.

How are we all doing? :)

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Just fine, But I had a weird dream last night.

Dreamt that we had some kind of nationla/global power outage: EMP, CME, who knows. Society started to go to hell in a handbasket real quick, which meant no Hive, no LeoFinance, no nuthin. Wondered how we'd handle something like that?

Seems to me that the blockchain community has the independent mindset to prep and survive all of that. What do you guys think?

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I've been reminding people here periodically of situations like those which make cryptocurrencies useless.

As much as we want to enjoy the high-tech world of crypto and the metaverse, we need to be ready to deal with the physical world. It's a world where paper money-- and assets based on that paper-- will reach its intrinsic worth; last time I checked, that was zero-point-zero.

Physical assets will regain their rightful place as money. Most likely, this will mean precious metals. However, it can also mean industrial metals such as copper or nickel. Then there are agricultural goods such as grains and the products we make from grains (most especially alcohol, which had been accepted as tax revenue when George Washington was president).

We'll figure something out through trial and error, because that's just how people are. It could be what I suggested, or it could be something none of us had considered. Either way, we need to recognize the value of alternate forms of money and when we can use them. If we can keep using crypto, then even better-- but we may end up taking a few steps backward along the way.

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My grandmother had food stocked away and money hidden all over the house, and even had cash buried in the backyard.

She was not playing.

Candles, batteries, and enough food to last a year. But yeah, this did cause me to think about how we would inteact with each other if TSHTF.

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Whatever assets we want to save to be able to use later as money, we have to make sure it's things that other people want as well. We can corner the market on marbles, but if no one else accepts them in trade then it's the same as stockpiling hamster poop.

Just as important is learning skills needed to acquire this money. Even if you can afford the goods, you may not have the space for storing them. Gardening, farming, foraging, and hunting come in handy here for organic goods. For inorganic goods, it could be things such as repair, mining, or restoration.

One thing is for certain. Under this scenario, the economy becomes localized. Anyone trying to centralize local economies into a large economy is asking for trouble.

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Seems like the news is slow. A lot of bullshit on Capitol Hill with Congress and crypto big wigs.

I dont think either side is for us so best to ignore both of them in my opinion.

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It's been slow for me as I am still playing catchup. I was out for a decent chunk of Tuesday so I am still trying to catch up on work from then.

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Looking at charts, trying to make sense out of this chaos. The usual I guess.

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It looks like Coinbase is leaving out US customers from earning interest through Defi because of the regulatory actions.

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Glad not to be in the US :') !PIZZA

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Yea we get messed over by quite a few different crypto exchanges. Even Binance doesn't work over here.

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We need a crypto-friendly President, and Congress for that matter.

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Well I wouldn't keep my hopes up because the governments don't want to give up their control.

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It looks like another stock gets delisted because of China. The article also goes into what happens when a stock gets delisted.

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PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@ykretz.leo(3/8) tipped @jfang003 (x1)

Please vote for pizza.witness!

PIZZA token is doing real good. I think I still have a spare witness upvote.

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@forexbrokr

'The Sandbox (SAND) Metaverse Pros and Cons' is finished, published, and linked to the Guide.

I'll check the template post and probably will do another one over the weekend.

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@forexbrokr

OK I looked. I'll cover 'What is The Sandbox (SAND) used for?' over the weekend. After that I'll check with you to see what, if anything, is left.

You have a good weekend bud!

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The University of Michigan Consumer Sentiment came in today.

It was up from previous months so consumers are a bit more optimistic. They are moving in the right direction if we are to see a strong recovery.

Sadly, the data from overseas was not as reflective of that direction.

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How do we see the count of comments and upvotes on a post with Leomobile?

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Thank you for the information

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