Daily Crypto Markets Live Blog: Cubfinance V2 Day #3 (09/22/21)

in LeoFinance3 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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Okay, I really like this. Why am I getting rewards in 3 parts? Cuz HBD is less than a $1?

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I have no idea but I have started seeing something similar in my account. Is it possible that HBD has hit the cap?

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Today I had to claim rewards issued in the 3 currencies. It's rare for me to see rewards to claim in HIVE.

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It's my first time as well.

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Yes. Both Hive and HBD are going down so that's why! Task has provided an explanation below.

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oh That's interesting.. I haven't seen that before on my account

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You might see something like this soon. Do you have any pending payouts?

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I just claimed them the other day so maybe not yet

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My recent post tells me this:

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You can check it for your comments if they have pending payouts.

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I havent had that but it could be if we hit our 10% HBD ceiling.

Not sure we did but the pullback in Hive's price might have caused it to kick in.

That means HBD printing is going to stop until the percentage is back in line.

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Okay, got it. So everytime that threshold is reached, we will see more of HIVE Rewards. ✌

This means, when the market is down too much, you have a chance to make more Hive.

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What front-end are you using to produce that screen captue of Pending Rewards? I know it's not Ecency.

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It's PeakD.

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Ah, OK.

Can you use PeakD to claim rewards for Layer 2 tokens, or is that best done with Hive Engine wallet?

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Don't layer-2 rewards all claim automatically?

I don't think I've ever hit a claim button.

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It looks as if Layer 2 tokens get claimed automatically, but I've been claiming them about 10 times a day in order to stake the incoming rewards. Now that I'm limiting my staking to LEO, POB, and maybe 3 other tokens I'm waiting for unstakes to be completed in order to buy more HIVE. Each Layer 2 token has a different power down period, so it can take a while.

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Don't layer-2 rewards all claim automatically?

I don't think so. You must have the auto-claim feature activated somewhere. Maybe hive.vote.

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I use Hivetasks.com to claim and powerup all of my Hive and Layer-2 tokens. I open it once a day, go to balances, and then do the rest of the job.

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I've been claimimg HIVE/HBD/HP using Ecency, and that's easy enough to do.

For Layer 2 tokens, I've been using mainly Hive Engine wallet, although on occasion I use PeakD wallet.

I will test drive Hivetasks and see how well I can adapt to it. Enjoy a slice of !PIZZA as a "thank you" for the tip.

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@finguru! I sent you a slice of $PIZZA on behalf of @magnacarta.

Learn more about $PIZZA Token at hive.pizza (1/10)

Hivetasks is much better. With a few clicks, you can basically claim and power up all the tokens.

Powering up at least once a day is highly recommended if you don't plan on keeping it liquid.

It all compounds. :))

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The prices across the board are painful for many.

Look long term people. Keep your eye on the end game and do not get caught up in the emotions.

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I try not to look at prices. It does wonders but sometimes they are plastered to some of the pages I visit so it's unavoidable.

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Kind of enjoying it right now. I take a look at tokens I've been wanting to get rid of for other ones and covert them if token A falls more than token B I actually end up with more of what I wanted.

Long term for me...and I am keeping an eye to buy the dip

I'm just glad I can be buying right now

Gonna pay off in the future

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Yup. September has never been a good month and it's playing out that way again. Stack some fiat and look for your favorites to get cheap and pick some up if you can. That's what I'm doing. I don't have a lot of fiat available right now (stupid Splinterlands....) so I'm going to wait and see if it keeps dropping before buying anything. I will be happy either way...

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It seems like October 1 will be a welcomed sight.

The end of the rough month of September for Crypto and the release of Leofinance mobile application.

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Financially speaking, bad things tend to happen in October as well. 1929 and 1987 come to mind as the biggest examples.

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100% plus we are coming out of a unique September that provided some great opportunities. People need to focus on volume and not price. I managed to increase my overall position despite now being down.

In the next bull I'll be a bit better too.

So you're saying is we build our volumes the prices will take care of themselves, is that correct? If so, that makes sense.

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We all know about HODL, and to some extent BUIDL. What we need as well are Diamond Hands and a death grip on the crypto we have. Take profits as necessary, of course; buy the dip when possible-- but hold on to that base of crypto.

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When the markets are red, I don't look at them much. It helps reduce the pain and the hurt.

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Here is another edition of @leomarkettalk.

We are on Day 3 of the Cubfinance upgrade to V2. The conversion can now take place and the window is open for a couple days. Be sure to unstake and unpool any of your tokens that are in the pools in the farms. I believe there were 4 that were impacted.

Added by @forexbrokr, perhaps words to heed:

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I think while you technically can make the switch to V2 now, you should still wait.

I don't 100% understand whats going on and its REALLY unclear...

But I see people complaining in Discord about price slippage and everyone there is saying wait.

Consider editing this post @taskmaster4450le so people don't get caught out?

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So it's live? I keep waiting for an announcement and haven't seen anything. I thought they'd let us know when the clock ticked past the 24hrs timelock and we could start migrating?

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Where is this clock I keep hearing about?

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It's the timelock on the smart contract that has to be triggered before any changes can be made. It's there to protect people. If someone tries to change the code they have to wait 24 hrs before anything can be done. This allows the community (or devs) to ascertain whether whoever doing it has a good reason for doing so.

If, for example, someone outside LeoFinance tried to hack in and triggered the 24 clock, Khal and Co. would immediately know and could act to protect everyone. At least that's how I understand it.

Since they're the ones doing it, they informed us and now we all wait for the 24 hrs clock to run out so the migration can be done.

Pretty sure that 24 hrs is up by now but I'm still waiting for the posts they said would accompany the window for us to move things...

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I think it was delayed but I'm not too sure either

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Has this been clarified? I guess the delays are real.

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Well according to the post yesterday, I think the window will be open for a bit longer but it does seem like things might be a bit annoying. I will wait till tomorrow to see what happens.

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Also the 4 pools affected are: CUB/BUSD, CUB/BNB, BNB/BLEO and DEC/BUSD if I remember correctly.

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Regarding the news from El Salvador on Tuesday, September 7, Bitcoin was accepted as legal tender. First of all they sell you the news and then they knock down the price, coincidence? No, this latest bitcoin move after that 52k hike caused people to panic again (FOMO) for not getting on the train and they set leveraged orders and were taken out of the market. The following context? Evergrande named as one of the most important real estate companies in China which has entered bankruptcy and will not be rescued by not even its country, we will see how they renegotiate the debt with some other banks, so another dump for the entire market in general and of course in the market crypto would be no different, fear and more fear. This is a mere opinion, they are taking out the retail market to scare them and get the big money back in. The case of El Salvador as I have read well here and I completely agree, other countries or states will take it into consideration when the country regains a large part of its economic health, which will encourage many countries to do the same(in especial countries with much debt and with its inflation problem measures), as well that is being seen little by little and in the states of America at the same time that in Europe they are also beginning to consider it as a regulated asset, for example in Ukraine it is happening (before it was prohibited and now they are again implementing laws that consider it as a method payment). Every day there is more good news and therefore this will lead to a new wave of money within the crypto market. Patience is the key

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The market is it's own beast. I suggest playing the long term game and not get caught up in the FUD.

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That's a good idea but I think It's a good idea too thinking in what time frame we are situated and make better decisions on our invests, especially if we see some manipulation, anyway I always use to apply same terms on it, cycles and macrotrends.

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Latest news on the matter, at the last moment the central bank of China has injected 19,000 million dollars with hopes of bailing out Evergrande. Good news for them, let's see how they put up with it over time. What debt ..., represents 2% of GDP in China

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If you predicted that China would let Evergrande go bust-- YOU LOST!!

** hands over mad stacks of cash to the prediction market **

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It wasn't a prediction, that was the first answer by China revealed on news, probably to manipulate again market vision, anyway that kind of economic measures they take, we assume as good for crypto and for risk assets like gold or silver,so the party continues. As well as that huge billion injection will have a bad end to their society, so more printed money, higher will be interest rates in a near future, more citizens than can't assume its bills, just history repeating as always. So don't take me wrong, I'm not seer, my information is based on economic news and the following one to the first I posted was based on an update. Greetings @magnacarta

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Greetings to you as well, @rihc94 !

It was my [humorous] prediction, and I lost a fake bet. I hadn't been paying attention to Evergrande until I saw the comment it was a Chinese Lehman Brothers.

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Glad to know it buddy, just really sometimes it's hard to know the attittude behind some words just because we dont appreciate faces haha is like by using whatsapp , yeah I think many of us experienced something like that, even I use to stay in my seat like in a standard attitude beacuse of that, funny. So definitely I like that kind of humorous expressions, just because of these you won a new follower, I took a look at your webpage and I saw you created such an easier way to help or serve as a support for companies, with excels, calculations formulas so they forget about that kind of stuff so the save time of course, cool mate good job, maybe in a near future I may ask you for some help, I'm so bad in that kind of things haha

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Thank you for the kind words. I'm glad I was able to put you at ease.

Given the fact that LeoFinance is focused on all aspects of money and finance-- from ancient money to cryptocurrency, plus the tools which use them-- there can be some high-strung people here. With LeoFinace being one of the largest tribes/communities on Hive, that shouldn't be a surprise. Even so, people at LeoFinance tend to be responsive and quick to help out.

Knowing that background, the Daily Crypto Markets Live Blog provides a free-wheeling environment where people can discuss the topic of the day along with other topics in more-or-less real time. It's a more laid back and casual atmosphere here than in regular posts we publish or read. It helps new Leos gain visibility at LeoFinance, and it helps Leos place a name with content and/or an avatar.

For many weeks I was stuck at minimal to zero engagement. After I decided to post at LeoFinance, my experience improved dramatically and my earnings increased. I hope things work out well for you here.

Not so much in posts, but if you want to see people with a good sense of humor respond in (more or less) real-time, the Daily Crypto Markets Live Blog is the best plae to see Leos act as human beings and have fun along the way.

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Leading commentors for comments challenge.

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I will post full details of all other info in a detailed post later .

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Oh if we remove the robot task, I am in 2nd but the top 3 spots sure are competitive. Do we know how far behind we are from the 10k goal this month?

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Oh that was quite a surprise

I've had 3 powers outages in less than a week so I didn't think I put that many comments.

Not complaining one bit though

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It might give us a chance to catch up. I have been busy during the weekdays so I can only blame myself.

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Knock out the power more often! LOL

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We need the numbers so he needs to keep his power.

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True, we need his numbers. He was saying that he was expecting to have bad numbers because of the power outages and yet it turns out that for the contest he's leading everybody. Who would have expected that result with those troubles?

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Just keep that quality and value high, guys!

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I havent followed the diesel pools so I am a bit behind.

That said, it is great that he is going to focus upon liquidity as well as providing some type of return for those who get involved.

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Although I didn't buy into the project (I'd just rather be in control of my own trading destiny), I love the idea of SEED.

It's awesome that emoderat is taking the initiative to set up a Diesel Pool for the token too.

They're going to change the way most people buy/sell Hive layer-2 tokens for the better.

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I saw the post and I think it's a great idea. By doing so, people can get out at any point in time. What do you think the rewards for the pool will be?

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About 6 months ago @bagofincome published this post which is basically what every holder of CUB here has been saying all along:

"@"bagofincome makes a couple of comments about the APT and the CUB price before getting into experiences with Cub Finance.

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Yeah nice.

It's frustrating that content like this just gets lost in the stream.

imo, LeoPedia needs to come under the leofinance.io domain and act as a giant index.

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Maybe it's planned to move LeoPedia to leofinance.io after some higher-profile projects are launched? It's a possibility, but I don't know.

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About 5 months ago @gadrian published this post about using Cub Finance as a way to "mine" Bitcoin -- ??? -- !!!

This involves a 50%-50% CUB-BTCb liquidity pool at Binance Smart Chain, where CUB resides. The post explains it better than I can and in greater detail.

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I love gadrian's content.

Just keep in mind that we want to be moving from alts to BTC at highs, not on pullbacks like we're in now.

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I think this might have been posted yesterday as well, but El Salvador ain't afraid. :-)

His quote is about as bullish as it gets (and he's probably right).

https://www.marketwatch.com/story/we-just-bought-the-dip-el-salvador-expands-bitcoin-holdings-11632239764?siteid=yhoof2

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He would have to be after moving El Salvador to BTC legal tender. Also he can use the BTC whenever he needs to pay for government purposes.

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You have to love the fortitude and determination of the President of El Salvador.

That is going to open up many doors for others to follow simply because it will likely set of FOMO.

I dont know how much BTC they bought but wait until the stories are posted all over the place about how El Salvador made so many millions of dollars off their Bitcoin holdings.

Imagine if the country is up like $10 million be the end of the year.

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[1/2] The President of El Salvador made a point to announce on Twitter that "El Salvador bought the dip." He also announced that the El Salvador government now owns 750 BTC at the time of that tweet.

He's a crypto enthusiast who happens to be a politician, rather than a politician. There is a distinction between the two descriptions.

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750 BTC? That is over $30 million based upon a $42K price.

If we hit $80K, that would be near $60 million. Not bad for a country of 6.5 million people and for a couple months return, if we get there.

That will open some eyes.

Of course, as @dagger212, perhaps the capital of El Salvador should just bring out a CityCoin. Mayor Suarez is pulling in like $2K every 10 minutes (24/7/365).

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I like the sound of "Bukelecoin" for this suggested city crypto. "San Salvador Coin" is a bit clumsy for speech and for print.

As for MiamiCoin, I wonder how many coin holders actually reside in Miami or work out of Miami? Mayor Suarez is a trail blazer showing us how it can be done.

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Yea I heard they started with about 150 BTC and then close to the launch they had around 400 and now it seems they are over 700 BTC.

I imagine they're still buying the dip so who knows how much they will have in a couple of weeks

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[2/2] While surfing through D.Buzz I saw a picture of the tweet which showed the 750 BTC and his other comments. I should have taken the URL of that image when I had the chance, so now I'm hunting for it. This could take me a while.

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Small country making big moves! I hope more of them join the party. ✌️✌️

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Small nations are the right size to handle something like legal tender cryptocurrency or a tokenized system of governing. If mistakes are made, the damage isn't too great. If there's an adjustment to make, they can turn on a dime to make it. This is whydecentralization is important across the board.

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Yea the current system they made is both USD and BTC. So in a way, they can always fall back on the USD if needed.

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El Salvador has 2 legal tender forms of money:

  • USD for "paper";
  • BTC for decentralized cryptocurrency;

Both are used in parallel. People don't need to use cryptocurrency, but if they do it must be BTC.

No one is giving up anything, they're just gaining a 2nd form of money.

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I saw rumors that Cuba is also considering making a move

Not sure if the information is legit but I guess it would make sense for them as well.

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Any nation that has trouble with the major world powers (not just the United States) will consider cryptocurrency on some form. Any nation which has problems with the IMF and World Bank will also consider cryptocurrency.

If we haven't seen it already, we will see how powerful the IMF and World Bank really are.

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Cub, Paraguay, and several other Latin American countries are expected to take inspiration from El Salvador.

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Yes, they have the room to make mistakes for sure. It's worth the risk because stakes are high!

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Small countries and 3rd world countries have it easier. They don't really have the to worry about outdated financial systems.

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True! Moreover, not many people have access to financial services. This could help them.

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Yep, they have nothing to lose.

Continue to get screwed by USD dominance, or make a switch to BTC and potentially gain a head start on the new financial world order.

Love watching this play out.

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It's a no-brainer for a country that wants to compete with the largest economies that control the whole world.

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Stick to HIVE people. These big-money, Wall Street backed outfits are too interested in monster gains to worry about getting their code right. Sometimes it seems like they might be doing it on purpose so that the SEC and government has an "opening" to get involved. Wouldn't surprise me...

https://finance.yahoo.com/news/bitcoin-crashed-5-402-error-200732717.html

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Oh that is scary, that's the problem these guys will cause all the regulators to step in. Massive hype selling and unfinished products. Scary times

So a question on that front, is there any chance SEC and gov chase HIVE too like they did with the LBRY coin?

I don't think they can since HIVE is decentralized. They could go after individual nodes but someone else can always spin up a different node.

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Good luck finding a place to send the subpeona.

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Been listening to Dan, he really makes it easy to buy into the idea that few blockchains are going to be able to withstand the threat of regulation.

Hive is one where there is no address or door to knock on. That is going to be big going forward.

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Yep, Dan makes a lot of sense.

All that is going to matter is truly decentralised projects with decentralised token distributions.

The 2nd part often being overlooked, but is key.

Hive is one of the few to tick both boxes.

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Hive is one of the few to tick both boxes.

I do not think there is even one individual on Hive who has a 5% share of the token distribution.

That is rather uncommon with most blockchains. Look at Ethereum with Vitalik and then the foundation.

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Exactly.

This is the most important and underrated aspect of Hive.

Wait for the lightbulb moment across the industry when they truly realise that true decentralisation is key.

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It wouldn't surprise me if they did but I wouldn't buying some BTC at $5k.

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MiamiCoin back in the news and it seems to be very positive. They talk about potentially not having any citizens have to pay taxes in their city if this keeps working.

I think we need that where I live.

https://cointelegraph.com/news/miamicoin-generated-2k-every-10-minutes-for-the-city-says-mayor

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You have to love what Mayor Suarez is doing. He is really bringing the concept of cryptocurrency into the open.

We are seeing the validity of creating tokens and how valuable they can be. This is something that we know is valid with DeFi. The Mayor is showing how it is feasible for cities and other government entities.

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“It’s interesting because it’s not an involuntary tax, it’s not philanthropy, it’s something that is completely different and could revolutionize the way governments are funded in the future.”

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This would be amazing for a city like New York, especially with its annual budget exceeding USD 1 BILLION. Unfortunately, NYC lacks both the environment and the foresight for pursuing this kind of initiative.

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Plus NYC has a clueless Mayor (I'm being very kind here to Billy-Boy).

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It's OK, we understand. We can handle the brutal truth. And you are 100% correct.

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I'm so glad that when I finished School in Brooklyn I left and never returned. DiBlasio has made NYC a real shit show.

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It's not just the ground hog killer; it's also his fellow travelers in the City Council. That's a toxic combination even if we get Bruce Wayne as mayor. As bad as Lex Luthor is, he would never allow his city to become a cesspool (bad for business).

As for a NYC crypto, instead of being innovative like Miami and San Diego, we could end up with something like Hobonickels (HBN).


(I just chose it for the name; I have no idea how well HBN performs.)

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THIS is why the government is getting involved in regulating crypto. Operations like this....

https://finance.yahoo.com/news/treasury-sanctions-crypto-exchange-suex-for-assisting-in-ransomware-heists-143051085.html

Makes it hard on the rest of us...

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Yeah for all the bitching we do about the regulators, the industry did nothing for years to police itself. Instead, we played the game like it was a casino and were more interested in mooning and Lambos instead of changing the system.

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In that sense, we did it to ourselves; now we have to deal with it.

That's what it means to be responsible in a decentralized world. Crypto lets us BYOB, but we must accept the responsibility to BYOP as well. ("Be Your Own Police.")

Like that famous quote from Spider-Man, greater freedom requires greater responsibility. Greater freedom also requires constant vigilance.

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Yeah well people turned into scammers and hackers instead of realizing the opportunity. Most everyone who was anyone was either in on it or looked the other way.

Most of the household names in crypto are to blame since few spoke out.

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They are only starting to go after it now when the money is there. I think the shutdown of the major infrastructure made them rethink leaving crypto alone.

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Crypto are new startup fad. Create product get VC funding and sell it to first buyer and exit.
I think more fake coins and CEFI comes in regulations are bound to happen.

They will happen, and they will fade away when the fad is played out. Left will be the rock solid cryptocurrencies which can take a beating and stand up to keep moving forward.

Unless every jurisdiction on the planet outlaws cryptocurrency, Bitcoin isn't going anywhere, and neither is Ethereum, and with them will be Hive.

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It was bound to happen and the easiest way for the regulators to hit things is obviously the exchanges. I don't like it as much as the next person but we can probably expect more KYC.

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If there's going to be more KYC, there needs to be more Monero and alternatives to Monero.

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Only for those who want privacy but unfortunately yes. The problem is that banks are the gateway out so I fully think they will be the botteneck.

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The gateway is the weakness for cryptocurrency. Not just the gateway, but the gatekeepers as well. Those gatekeepers will not relinquish their positions without a struggle or war.

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Bitcoin Slides 6% as Ethereum Sinks Below $3,000 to Hit Near Two-Month Low
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https://decrypt.co/81494/bitcoin-ethereum-solana-price-continued-slide

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The bloodletting continues.

The stock market isn't looking that nice either and BTC/crypto has been linked more and more over time.

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The ups and downs of the market.

Never a boring moment.

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The most recent cryptomaniac's podcast about Actifit came out. I didn't watch it live and I thought I would let people know its out incase they missed it.

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Thanks for the promo. I hope everyone enjoys it.

Great to see what is going on with these different projects.

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Here is a video tutorial for the V2 migration for those who are unsure how to go about it:

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Have any Layer 2 tokens mooned? Are there any Layer 2 tokens which have mooning potential? If we shouldn't go outside the Hive system, then it's up to Layer 2 to give us mooning opportunities.

Can HIVE reach USD 100? It's possible, although it could take a while.

Can a token such as SPORTS go from USD 0.00005 to USD 0.00500? That's possible too, and it's easier for achieving its mooning potential; as with HIVE, this could take a while also.

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Well I am bullish on CTP, LEO and VIBES. Though I am little worried about VIBES since their team hasn't put out many updates recently.

I wouldn't mind if SPORTS mooned 100x but I have a feeling it won't reach there anytime soon since the inflation rate is so high.

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I'm looking for that Layer 2 token which is undervalued but shows promise even if it needs 10,000 units to equal 1 HIVE at the moment. I'll probably discover it during the course of my series on Hive Engine tokens after I complete my spreadsheet of compiled Hive Engine content, but that will take a while.

The idea is to spend as little as possible to get the biggest gains. With few exceptions, we all missed on Bitcoin, and I missed Dogecoin by 1 year. I want to be early this time, and I was wondering if some Hive Engine token could help me with that.

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Well, first of all, unless I'm wildly mistaken, HIVE is a Layer-1. I'm not 100% sure of the difference between layer-2 and layer-3 but I think LEO is a layer-2 as are most of the tribes on Hive-Engine. Layer 3's are apps built on layer 2s?

I'm sure task knows...

So as far as layer 2's with mooning potential, I certainly think LEO is one. As is CUB (although that might be layer 3). Splinterlands would qualify I would think. Again, that might be layer 3 though. 3Spk is definitely in the running and is ProjectBlank.

Lots of potential here.

The thing is, HIVE will continue to go under the radar...until all of sudden it isn't. At that point it will be too late to fill your bags. You will still be able to participate, but the ridiculous returns will no longer be in play.

If you do the math, you can get a 5x from LEO at $1 by getting it at 20 cents. $10 is a 50x. $100 is a 500x. If you start really buying it at 50 cents then $1 is a 2x, $10 is a 20x, and $100 is a 200x. Pretty big difference.

$1000 invested at 20 cents turns into $500k at $100. The same $1000 at 50 cents only turns into $200k. I'm not saying it's going to $100, but what I AM saying is that your ability to make life-changing wealth is greater if you can buy more, cheaper. THAT's why I bought more LEO the other day and why I'll buy more HIVE if it dips back below 50 cents. There's too much positive stuff going on for this to stay down forever.

Quality rises and these are BOTH very high quality projects.

Another one comment for dagger. :-)

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That's how I think as well

If we can have a 10x or even a 5x in a few projects such as HIVE, LEO and CUB my life would suddenly become a lot easier haha

Maybe not enough to retire right now but definitely would put me much closer to that goal

Add to the mix other tokens with good potential such as Splinterlands stuff and maybe a few surprises like SIM or CROPS and we're set

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5-5-5 would have me sitting very pretty in most areas.

First we need to get 1-1-1.

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Well, first of all, unless I'm wildly mistaken, HIVE is a Layer-1. I'm not 100% sure of the difference between layer-2 and layer-3 but I think LEO is a layer-2 as are most of the tribes on Hive-Engine. Layer 3's are apps built on layer 2s?

As I understand the hierarchy your statement is 100% correct. (But I've been wrong before).

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But I've been wrong before

Good think that is a rarity...or is it nobody have the kahunas to tell you.

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Actually I figured it out on my own.

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People are not going to realize how much of an impact this is. We are going to see a huge jump in price for Hive probably in leaps of dollars. What I mean by that is we will hang out under a dollar then move up to $2, then jump to $5 almost overnight and then $10.

I do think things will explode once they start going.

As to the layers, here is an example:

Layer 1: Hive
Layer 2: DLUX
Layer 3: Tokens on DLUX

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HIVE itself is Layer 1-- it all starts there. The tokens listed on Hive Engine are Layer 2. Some are great, some are good, some are OK, some are fair, and a few are stinkers. LEO has a chance to moon as you describe, but I was wondering if there was a token that can moon while being so cheap you can spend one dollar for 10,000 units and then watch it moon to one hundred dollars per unit.

For altcoins, that was Dogecoin as recently as December 2020.

In December 2021, DOGE was on par with Splinterlands (DEC). These days, DOGE is on par with LEO and POB.

My point is that while any crypto or Hive Layer 2 token can moon, it's not the same to moon starting from 0.20000 as it is to moon starting from 0.00005. I missed the window with Dogecoin, and I would like to take advantage of an opportunity if it's available on Hive at Layer 2.

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I think the ones I believe in the most are LEO and CUB (although it's not really on Hive). There others I hope will do fine in the long term such as Starbits, VIBES, Cine, CTP, SIM and CROPS.

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This is is price list of the Hive Engine tokens you mentioned looks like at the time I wrtite this reply:

L2 TokenUSD
STARBITS0.00021
SIM0.00061
CROP0.00158
CTP0.00687
CINE0.01316
VIBES0.02289

The games are in there, and there may be others with a similar profile.

CINE and VIBES represent entertainment-oriented tokens (television, movies; music, audio). Tokens for video and streaming services may have a profile like these.

CTP is an active tribe, even if the token price is lower than what I had expected. Marketing never goes out of style, and it's always needed (especially by us at Hive).

A number of other Hive Engine tokens are priced similarly, but they could be stinkers for all I know. These tokens listed above have utility and demand. Thanks for the suggestions.

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You're welcome!

Where did you consult the USD prices of those tokens btw? I sometimes struggle to fin da good source

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Those are Layer 2 tokens, so I just checked Hive Engine. It takes a while for the page to load, but after that searching can be quick.

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Ahh right, silly me

it was easier than I thought

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Great discussion going on from this comment! :)

Well, LEO did rip to $1 not so long ago.

Is that the highest that a Hive layer-2 token has got?


My strategy is to earn short-term yield off the game tokens like SIM and DEC.

While investing longer term in tokens for active, specific communities like LEO (finance) and CTP (marketing).


Also, surely CUB doesn't count here because it's a BSC token?

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Is that the highest that a Hive layer-2 token has got?

Not the highest because there are not so cheap layer-2 tokens. But it is the best performing token with high liquidity and several use cases attached to it unlike hundreds of other HE tokens. The most important part, LEO has the most active and the biggest community among all communities on Hive.

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Ah yep, of course the fund tokens are much higher.

Totally agree about the community aspect.

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For the purpose of this discussion, CUB does not count. I was thinking exclusively of Hive Engine Layer 2 tokens. I want to use a Moneyball approach to Layer 2 tokens.

Here is a compressed and edited screen capture of Hive Engine tokens sorted in descencing order by price:


Top Hive Engine Tokens by Price

Not including the SWAP.* tokens, it's amazing how well some of these tokens have done. Miners and Mega-Miners do well, too.

CUB is its own category, and it has already proven to be a big winner for many people here.

That's a good strategy you have. It helps knowing what's out there in order to develop a strategy, and that's another reason I want to post a series devoted to Hive Engine tokens.

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HE Tokens which I think have the potential to moon:

  • DEC
  • LAND
  • SPS
  • SPT
  • BHT (If they do something to expand the community)
  • CTP
  • BRO, INDEX, DHEDGE, CL, LBI - All dividend tokens
  • CENT ( This can't moon as it's supposed to be a stablecoin pegged to 1c.
  • SIM
  • CINE
  • LIST

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I get #SPT for posting Splinterlands-related content across various front-ends. The rest are from gameplay, which I don't do.

I've been using the #BHT tag when I remember it, so I earn BHT periodically.

On occasion I write content geared for #CTP, so I see this arrive periodically.

I'm delegating various Layer 2 tokens to @brofi, so I'm earning not only #BRO but also #SIM. The dividend tokens you mentioned look promising.

I make it a point to use the #CENT tag when I post. It's a big earner fr me.

For holding #COM tokens I earn #LIST and #WEED as well. WEED I keep liquid in case I find someone to take it, but I power up COM and LIST.

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That's cool man. I think I have LIST too. I also use #Hustler tag. Holding hustler will give you some other tokens too. I think one of them is LIST.

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I usually use the #Hustler tag when I'm posting at HiveHustlers. I rarely if ever post there, but when I do it's for relevant content.

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It can be used in all posts which are Leo related.

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No way! Get out of here! I didn't know that. I could have been using that tag all this time here. Better late than never!

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This post talks about best time to mine HIVE. Although I wouldn't call content creation mining, I guess we could kind of call it that. The best time to build is when there is less people competing in the rewards pool.

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Content creatin is a form of mining, and the Witnesses validate our transactions before adding blocks to the chain. POB is based on this concept-- no POB tokens are issued until content is produced.

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Yea but I was never really considering myself mining before.

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Mining is whatever activity generates the blocks to be validated befor added to the chain.

It just occurred to me right now, but it seems to me as if there could never be a social media-based platform such as Hive on a Proof of Work network such as Bitcoin or Litecoin. It looks to me as if DPoS is what makes it possible for Hive to exist.

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That makes sense. I never thought of it like that but I guess it is mining in its essence

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We are the miners for Hive. Buzzers, picture posters, video bloggers, gamers, and keyboard warriors-- we all are miners for Hive.

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Nice find :)

Mining is just a way to describe how newly minted tokens are distributed.

Instead of mining rewards for validating transactions on the Bitcoin network, ours are called content creation/curation rewards.

I like the concept.

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Here is another video put out by Dan.

A bit longer than usual but very good. He always has great insight.

https://peakd.com/hive-181335/@theycallmedan/eayagnqj

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Is there a process to open 3Speak videos as podcasts?

It would make my life 100x easier for both LeoFinance AMAs and Dan's videos if I could just listen to them in a normal podcast app on 1.5x speed while on the go.

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A FYI, not financial advice.

I might pick up myself a little bit of Ethereum at these prices on the pullback. It looks like we could see $10K on that coin at a minimum, if not $20K.

It is a rich person's chain but there is enough there to push the token price much higher. I wont really use Ethereum but owning a bit could really put me in a pretty good position if the run does come.

Just thinking out loud.

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I was thinking about it but I don't really want to convert fiat at this time. It might make some sense to invest in the ETH/BNB kingdom but prices are so volatile so I find it tough to convince myself sometimes.

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Yea I'll do the same

I'm taking this opportunity to increase my holdings of BTC, ETH, RUNE, HIVE and LEO

And maybe a little LTC because one of the games I play, even though most people are bearish on the future of Litecoin

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Litecoin doesn't get the attention it deserves. It's from the same era as Bitcoin, and it was the basis for Dogecoin. Since it's from that time period, it's a payments cryptocurrency without smart contract functionality.

If one of the games you're playing uses Litecoin, you have a reason to own LTC. It's a soild crypto.

If it makes you feel better, Litecoin is in Andrei Jikh's portfolio.

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Yes being in Andrei Jikh's portfolio is a good thing. However, if things are dependent upon development, I fail to see how Litecoin has much of a future. Yes DOGE did capture the imagination of people but for how long.

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I am neither adding to nor selling my Litecoin. It isnt a large part of my holding.

That said it is hard to be optimistic about it other than riding the overall wave up.

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Long term holders honestly when you have mega drops like this It should come back. Buy like crazy on the big dips. Think about ETH and BTC when they dropped to like 30k and 1.9k Ethereum good profits.

I just can't do it. I'll probably step up my small BTC buys if it drops further but I just can't make myself get involved with the ETH fees. When I have bought it in the past, it ends up just getting whittled away when I do other ERC20 transactions. Very frustrating.

Unless you buy something in the multiple $1000s, it just isn't worth it. You end up spending $100-$200 to get in, at GOOD gas prices, and then if you ever want to sell it, you either have to grit your teeth and pay what could be even higher prices, or else wait for a down time and pray it doesn't take a dip while you're waiting.

Just not for me...

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The only people really making bank on Ethereum are the early-adopters and then the miners and exchanges. The rest of us are just paying them...

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That is true. I have enough liquid that I can cover the fees and add it to my existing stake. When I do decide to sell, I can unload the entire batch.

But it is something I have to consider.

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Going to the barber for a haircut or a hair stylist may be worth it if you really want to make that visit.

Going to the barber for a haircut or a hair stylist only to end up beheaded is not worth the price of the visit.

"Buy the dip" makes sense when it's cheap or painless or both. Once again, ETH fees are killing it for many people.

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This isn't financial advice, either, but if crypto had a section for Blue Chip Assets, Ethereum would be in it along with Bitcoin; maybe Binance Coin (BNB). I don't know what other cryptos would qualify to be considered Blue Chip Assets. Definitely not SafeMoon, and likely not Shiba Inu either.

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Very few. Like I said, I'm not saying Ethereum is bad. It's just too damned expensive to work with. And because of that, other chains are starting to make some serious inroads into their market share. Solana and Cosmos both have somewhat decoupled from Bitcoin/Ethereum and are starting to make their own noise. Solana obviously just took a major hit to their credibility but Cosmos is continuing to develop and add more applications to their chain.

Everything still revolves around Bitcoin, obviously, if for no other reason than that every single crypto worth anything uses it as their base pair. So, as Bitcoin goes, so goes the market. But, it's starting to change. I don't expect a complete decoupling until Bitcoin's halving events are non-events, which I don't think will happen until it goes down below 1 Bitcoin per block. Maybe even the one after, depending on the Bitcoin price at the time.

Everyone keeps saying it but I am firmly in the camp that ETH will NOT flip Bitcoin anytime soon. And probably not ever.

Bitcoin has first-mover advantage on store-of-value and it will be extremely difficult for anyone to every supplant them. The scarcity and safety track record will keep them in front for a long time.

Ethereum on the other hand faces massive competition and it will only get worse. Plus their fees are off the charts. Like I said, they're not going away, but they'll be sharing the pie with a LOT of different chains in the very near future. Just my opinion...

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As you said, Ethereum itself is great; it's the fees which blow.

A significant portion of the cryptoverse would not exist were it not for Ethereum, and I think everyone appreciates that detail. In a way, the fees reflect the fact that Ethereum is a victim of its own success.

As for The Flippening, it looks as if some other altcoin will have the honor of making it happen. Just as significant, some other altcoin will flip Ethereum.

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I am also buying Etherum now, I think etherum has capability of doing 5x from here in like 6 months time.

Very interesting. In line with some of the other projections. So you put it around $15K.

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I do have some AMPLEforth and few other ETH based tokens which I plan on converting to ETH. But it's painful due to the fees. :(

Yeah have to have large amounts or basically screwed with it.

That is a rich person's chain, that is for sure.

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Can't go wrong with buying ETH at these prices. A steal IMO. I got myself some $LUNA. :)

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Luna - great move!

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🙏

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I like your thinking.

Etheruem is certainly a rich man's chain when it comes to using it, but that doesn't mean the rest of us can't invest in the token itself.

I don't see ETH losing its number 2 position (and number 1 for smart contracts) anytime soon.

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REMINDER!!!!

It is that time of the day again. #CANDIE time.

Get them while they are hot. A batch just came off the virtual press.

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Thanks. I just collected 10 and 10. The reset after the big day is tough.

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locked in the big one! 💪

30 and 10. Moving back towards 100....

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A bit after this edition of the live blog started I picked up CANDIES and DIAMONDS.

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Just collected my candies!

image.png

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Just picked up 100, back to a measly 10 tomorrow.

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I added more to the Cub Kingdom today. In the conversion from V1 to V2, I just tossed it into there. The price of CUB is attractive at this price.

We will see if the IDOs can send the token price higher. The next couple weeks should really give us insight.

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I've been hitting CAKE more then CUB and earning CUB from the CAKE not sure if that's a solid play or not we will have to see.

I hear you.

There are a lot of choices. I guess, in the end, if we get a nice return, none of us can complain about our decisions.

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I like that one as well. I haven't added anything beyond my original position but I've accumulated more than 12 more CAKE over the last few months at the same time as I'm getting more CUB. Hard to go wrong...

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I have very little cake but I believe that is a solid play indeed. I think cake is going to perform well for a long time and the fact that you can also earn cub from the deal makes it a good move

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Well the IDOs will definitely be burning more CUB but I tend to opt into the Farms more since it will generate CUB for me anyways.

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I want to buy more CUBs but the site is acting funny right now. Maybe because of the migration.

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10 days until the expected release of the Leofinance mobile application.

We will see if it rolls out on time.

Will this provide more activity and engagement on Leofinance? I know I do not use mobile but I might with the new application. That could allow for a few more comments throughout the day if I am away from my laptop.

What are your thoughts?

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I think it will definitely have an impact on the younger crowd. Personally, I'm with you. I do most of my contributing from my desktop. Too hard to read my phone... lol

If it DOES get good feedback though, I think that will really bode well for #ProjectBlank.

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Get old enough and even seeing what is on the phone is hard.

Damn screen is too small.

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I wish we still had the phone we gave to my grandpa to show you the picture

It was massive and each button was almost the size of a key in a regular keyboard lol

I don't even know where my aunt found that phone but I guess it was made specifically for older people or visually impaired people

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Is this a landline telephone or a mobile telephone?

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In that case, stay away from the smart watches. The only one worth having is what Dick Tracy uses. All others-- including those from Apple and Samsung-- are just prettier ankle monitors sized for the wrist.

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I have a feeling it will be delayed but I hope it goes well. I may add it to my phone for the leomarkettalk post though but who knows.

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Delays are normal and I am expecting them too. +7 Days!

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Let's just hope it isn't 6 months like Project Blank.

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Haha. That would be so frustrating. PB isn't even out yet.

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I don't use mobile a lot but now that the vaccination is advancing I'll probably be visiting my dad more often so I think a mobile app will come in handy

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Yea I use my desktop a lot but sometimes I am out of the house so it may come in handy when I have some spare time.

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I use my mobile a lot. So it would be quite helpful for me, especially when I am on the go.

I am most excited about the notifications. That way I will be up to date all the time.

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Ban QAnon and you will make him rich.

It seems the one behind QAnon is selling his tweets as NFTs.

This shows the future is communities and being able to leverage that into more opportunities. It is something that we discuss a great deal about on Hive.

Every community is going to be able to have a token along with NFTs. We simply need SpkNwetwork to roll out.

Along with #ProjectBlank; come on Khal

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Annnnnnd people just run right into it. The amount of cash these people have is insane. I hate it, people profiting off others misfortune or uneducation which is sad.

Yea add all the social influencers pumping and dumping as well.

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Yup, good old Snoop in NFTs now which will drive more people into them :(

A fool and his money comes to mind.

Sadly this is nothing new. People do a lot of stupid stuff with their money.

For all the complaining we do about the system, that is only part of the problem. People being completely foolish with their choices is another.

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You would think people would stop believing in the stuff already...but I guess it's like a cult. Though I don't think what he is doing is any different from most of the NFT cashgrabs out there.

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Snoop is a NFT whale.

I wonder if he owns any Weedcash.

There is no doubt that some celebrities are going to make bank by getting involved in cryptocurrency early.

This actually helps the entire push because people like this do have a lot of fans that will get exposed to this industry.

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I wonder if he owns any Weedcash.

He would if he knew it existed. He's a guy I'd love to see get into HIVE. Both him and Paris Hilton would make great gets for 3Spk. If you read any of my conversation with @starkerz yesterday in @taskmaster's Speak Network post, you'll see we actually talked about turning some of the LARYNX tokens into NFTs. There's a lot that will be able to be done with that project. Development will be able to happen in literally hundreds of different directions and the wealth that could be generated from that one single platform could be enormous.

It's going to be really, really interesting and hopefully a LOT of fun to watch.

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...the wealth that could be generated from that one single platform could be enormous.

It will be legendary. This is why I keep putting outrageous claims out there because they are not really that outrageous.

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I made a comment about Snoop and ETH 9 days ago based on a misreading of a comment to which I was replying. WEED would moon if Snoop signed up for a Hive account and shilled for WEED. It's a perfect match.

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There is no doubt that having someone famous shill for whatever is a benefit. People follow celebrities, no matter how foolish it might be.

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Usually people follow celebrities, but there are exceptions. One exception: O. J. Simpson.

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Yea most of the influencers are getting in early and also letting their followers know. I don't know if its the greatest thing since I predict a bunch of them will lose money since most of these NFTs have no utility.

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Many NFTs have no utility, but neither does fine art. Buyers keep buying fine art.

People buy things because they perceive value in them, and sometimes that value can't be measure in money. Psychic value cannot be underestimated.

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I can't seem to believe in the value of psychic value. So I think I will stick to gaming NFTs with utility for now.

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Psychic value is just as real as money value. On occasion, it's even more important than money value. First-mover advantage is the best example of psychic value because it offers something money can't buy.

We buy what we buy or do what we do because of things such as good feelings, staus, ego, health benefits, personal gains, etc. We all rely on psychic value to a degree, even if we don't recognoze it. This very contest is another example of psychic value being used.

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It is going to be interesting to see how all of this unfolds. Much of what is out there has zero utility. We are going to see a great deal of stuff crash.

That said, those who seek utility will probably find some really good bargain. It will, as always, require going for quality.

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Things will shake out over time as the bad stuff is filtered or sifted out of the universe of cryptos. After that, the survivors become the established players as a new crop of cryptos rises.

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Publicity stunt?

Do you think anyone is going to head to the pictures?

I kind of thought they were dying before COVID. Now, my presumption is that they are about dead. We even see many of the movie studios sending films direct to streaming.

Accepting DOGE when people arent showing up means little.

What are your thoughts?

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Dodge to $1 I probably should buy some but I just can't bring myself to do it.

I can't bring myself to buy any meme coins either. If it goes to $1, I predict Elon Musk will get richer.

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He is getting richer even without DOGE.

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If Dogecoin doesn't do it for you, there is always Shiba Inu.

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Oh no, don't say that! That token is insane :(

Dogecoin is Pound Sterling compared to Shiba Inu. It's the standard by which many other altcoins are compared. It's not as great as Bitcoin or Ethereum, but it's not dreck, either.

As for Shiba Inu, earlier tonight on D.Buzz I posted this image:

[ "SHIB TOKEN" sticker slapped outside the entrance to a bank's ATM lobby ]

Source: @magnacarta.buzz

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Haha you took that?

The SHIBA mafia hitting the streets for some guerilla marketing.

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I took that picture 2 weeks ago. I haven't seen anything else from them. The Shib Army is real.

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I will miss that one too.

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LOL I hear you. I have not nor will I get involved in DOGE.

It could moon and make people zillionaires, I just wont be one of them.

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I knew about Dogecoin as far back as 2014 when it was only known as a joke and Bitcoin was bumming around in the USD hundreds. I didn't do anything then.

Fast forward to Spring 2021, and Dogecoin is in the news not only for its ATH but also for its Top 10 ranking in market cap. This move prompted me to look into crypto-generating social media, which led me to Steem, and that led me to Hive. You know the rest.

It's because of Dogecoin that I'm on Hive and earning LEO.

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Yeah well perhaps by 2025, Hive will be spoken about like those two coins.

We will see what happens. There is a lot going on that can propel us forward.

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4 years is 2 lifetimes in crypto. It will be a whole new ball game then. I hope to see Hive as an acknowledged leader in crypto.

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It would have made sense in 2018 or even 2019. In the world of 2021 as it is, not so much.

If streaming services or cable companies accepted payment in Dogecoin (DOGE), that's a different matter; that seems to make more sense. Likewise with Netflix or Amazon Prime.

If the can make it work with DOGE, they can add BTC and ETH to appeal to a larger base. Adding HIVE would be icing on the cake.

If cryptocurrency is going to be used to accept payment for box office tickets or streaming services, it may even be an opportunity for Terra (LUNA) to cross the Pacific to enter North America.

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The ONE thing DOGE has going for it is unit bias. I doubt there is really anyone out there who ever thinks it's going to moon. But, it could go up and down between 10 cents and 60 cents over and over again for years. If it actually develops into something that could be used for payments, I think a lot of the younger generation will use it. It's one thing when you buy something for $50k and it goes to $30k. Everyone thinks the sky is falling. But if you buy something for 50 cents and it goes to 30 cents? Meh. Who cares? It will go back up. It's only down 20 cents....

Percentages are exactly the same but the unit bias allows people to casually brush it off. That and the fact that they'll only put a couple hundred bucks or less in it so...they don't win or lose much either way. And if they can actually use it to go to the movies? So much the better.

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Well said. I didn't know much about unit bias until I got into crypto but that's a very accurate description of how it takes place around here.

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I am surprised despite being more value than DOGE, the crowd continues to ignore the HIVE and HBD, is there anything in community that is going wrong and keeping people away?

I think the network effect has not kicked in yet so we don't have enough visibility yet.

That started to change with Splinterlands and upcoming projects such as Project Blank should help even more.

It's not necessarily a bad thing to fly under the radar for now, especially for those of us who are still building up our stake. It will be much harder to do that once Hive goes mainstream so I'm taking the opportunity to that now

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Absolutely correct Tulio. For now being under the radar is definitely an accumulation opportunity for us here already. We all should be taking advantage of it and powering up as much Hive as we can.

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It's one thing for Hive to as the projects it has (especially #ProjectBlank and SPKNetwork). It's another thing for people to know about them.

At the moment, Hive is in the forrest where no one hears it falling, while other cryptos which are light on development are having fun at Burning Man or Sturgis.

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I doubt it will do much. The physical theaters are pretty much dying after the internet and streaming services came online. You can generally just build your own comfortable setup at home and technology has made it so that there is little difference when compared to being there in person.

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I thought they were as good as dead as well

It's really not my thing. I might lose by staying on the sidelines but I prefer to put my money on HIVE and LEO right now

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HiveSQL is giving some problems , I will post the monthly leading commentor ( for comments challenge ) once it is working properly again

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Has it been giving issues a lot lately? Or is it just acting up every now and then?

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Question.
Anyone have any idea on how the MPATH and SPI token works on HIVE?
Do any one of you hold these two tokens?

I hold some SPI. In a way, SPI is similar to LBI but for HIVE. You basically get dividends each week and they do the investment management part on their own.

As for MPATH, I don't have it so I don't know.

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I looked into MPATH some time ago. I thought it was interesting but did not invest. Seemed like a complicated structure to me and not worth the associated risk.

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Burger king also jumps into the NFTs.

My problem with this is - what exactly this NFT solves problem of?
I mean anyone who wants to buy this why would they buy and what's the gain?

There is no real point in the NFT right now. People are purely buying out of speculation since most of these NFTs don't have any utility. Though some of the artists might have differing opinions.

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Just speculation. NFTs are very hyped right now so it's possible to make a lot of money if you time it right.

Not something I really want to mess with but a lot of people do

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Collectible NFTs are bs. The true value of NFTs lies in future utility functions in the areas of identification, real estate, insurance, plus a slew others. No reason to close the book on utility NFTs quite yet, it is a developing area.

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Don't forget the gaming NFTs.

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They were contemplated in my "slew others". Great potential in that area.

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Maybe NFTs need to be redefined to reflect the reality of their uses. NFTs like you described make sense.

NFTs as collectibles should be given another term to reflect their after-market nature as collectibles and speculations.

When the 2 groups of NFTs are assigned better terms, it should help everyone make the move to whichever kind they prefer.

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NFTs don't need to solve a problem. Coins don't need to solve a problem either, just be accepted as money. Tokens have to solve a problem.

The most common usage for NFTs is as collectibles, and that's where most NFTs can be found. NFTs can be used for physical items as well. There must be people on Hive who use NFTs as a way to make a living beyond merely collecting them.

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Posting, commenting and upvoting is my Job in this platform

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It is not just a job, it is an adventure.

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Hive offering opportunities for all.

Try to keep the value of your posts/comments high and you'll earn more in upvotes.

Try to go into more depth and really take discussions to the next level.

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Thank you bro

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@forexbrokr

Dane:

Are you sure about this 'PulseChain' thing. I did some preliminary looking this morning. Seems to me this 'sacrifice airdrop' they're pulling off sounds quite scammy.

I realize you are trying to pick things that are 'hot' but with so many other worthwhile projects out there, isn't there something more 'real' for us to cover?

Just my two cents...you're the boss. Just let me know what's going on before I get immersed in something else please.

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If anything, the final Guide can be used as a cautionary tale and warning for people looking into PulseChain.

When we began the Guide for SafeMoon, I went into it thinking it was a good thing. By the time I published my post and then the Guide was finished, my opinion on SafeMoon had changed completely.

PulseChain may have been chosen because it seemd like a good thing, but it could end up being another SafeMoon for us. Even so, content is content, and it still has value to anyone searching for it.

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I guess so.

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My thinking is along the same lines as Magna's.

Yeah there are certainly some red flags going off in my mind too, but that's all part of the guide.

I'm super busy thismorning with some client work, but I'll post the template for you when I flick back to LEO mode.

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So I'm guessing if we have a stake in the DEC-BUSD pool we should move it before noon or forfeit a portion of the SPS Airdrop for the day.

Does anyone know if this is true or not?

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I don't know. I would like to know this as well and it's been a mess since the official account hasn't given more information.

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Well I had no problem with today's Airdrop. But this lack of updated information seriously needs to be addressed by someone with a higher pay grade than me.

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Well it's past noon here on the east coast. The Farms that are supposed to migrate to V2 are still LIVE on Cub.

WHAT'S THE STORY KHAL?????

A little appropriate and correct communication is in order, no?

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Nobody knows...I haven't checked discord but last night, I heard wait so I am waiting.

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Wait, delay. Wait, delay. Wait, delay.

Is this anyway to run an airline?

Being left in the dark sucks - especially when there's substantial money on the table. The lines of communication need to improve and the information that is communicated be more transparent! If you're having problems, at least fucking tell us so.

Annoying only begins to describe it.

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IT'S LIVE NOW!

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It may be live but I can't load shit on the DEC=BUSD V2 pool on PancakeSwap. It can't seem to find the DEC token! Plus the redirect from CUB doesn't add the DEC token either.

This is one fucked up migration!

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CUB V2 Migration Day Has Begun! Here's the tutorial guys:

https://leofinance.io/@leofinance/cub-v2-migration-day-has-begun-or-tutorials-impacts-and-more

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I think I did it correctly...

Just followed the tutorial in the Cub Finance Docs.

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Perfect. I am going to do it in a few hours when my kid is sleeping. 😂

Don't want to rush.

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MIGRATION IS LIVE!!!

I followed the tutorials and it all went very smoothly. I'm at work right now but I'll try to check in here from time to time so feel free to ask questions below and I'll try to help if I know the answer.

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Another @penguinpablo chart on how much Hive is on exchanges.

image.png

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So do we draw the conclusion that this most recent drop in price is a low volume move and not likely to last?

There is literally no supply on the exchanges to sell...

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THIS WHOLE MIGRATION IS MASSIVELY FUCKED UP !!!!!!!!!!

  1. Moving DEC-BUSD: Pancakeswap doesn't add the DEC token when you do it manually nor iS the DEC token there when you use the redirect from Cub.
  2. I followed the freaking instructions, went to unstake my bLEO-BNB. Clicked on confirm for METAMASK. The pool disappeared and so did my bLEO and BNB. Never fucking transferred to Metamask from Cub.

Needless to say, I'M PRETTY FUCKING MAD AT THE MOMENT !!!!!

SOMEBODY NEEDS TO GET THEIR SHIT TOGETHER !!!!!!!!!!!!!!!!!

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DEC-BUSD is now working slow but ok.

But, MY FUCKING BLEO AND BNB ARE STILL MISSING!!!!!!!!!

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Sorry you're having issues man

I didn't have problems but I saw on Discord that some people are reporting issues with bLeo and DEC.

Apparently it's taking a very long time but it's working in the end. I hope you get your stuff back!

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I'd better get it back - sooner than later.

Guess I'll finally have to figure out once and for all why I can't access this Discord channel.

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Sorry Kevin you had to face these issues. I am also trying to figure out what to do but the site is acting funny since last night. I guess I will wait for a while.

Regarding lost funds, put a note in the #tech-support channel of LEO's discord. Might help!

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Regarding lost funds, put a note in the #tech-support channel of LEO's discord. Might help!

I'd do that but there is a problem, probably on my end, and I can not get into Cub Discord,

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Hope it gets resolved soon. I think there's no dedicated discord for CUB. Just the LEO discord for all LEO-related projects and apps. Do you want me to send you an invite link or you don't use discord?

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Thanks but I have the link and jfang sent me an invite awhile back. For some reason it denies me which is why I think the problem is on my end.

I'm going to work on this in the morning, so if I wind up needing another invite I will let you know.

Thanks.

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About 6 months ago @travelgirl published this post about using the DEC-BUSD liquidity pool to farm CUB:

For the CUB holder here, how many of you wish you knew about this detail 6 months ago?


Cover image from the post by "@"travelgirl
Source: SplinterTalk via LeoFiance

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I got into that pool recently. It gives you double airdrop points and hence more SPS. The best way to do it. ;)

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About 3 months ago @fadligenta published this post about

The post is geared toward beginners to investing in Cub Finance.

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About 6 months ago @bala41288 published this post regarding his thoughts about Cub Finance:

At one point "@"bala41288 was going to take the profits, but he decided to stick with CUB long-term. Even if he took profits between then and now, he's firmly in CUB.

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Even though this is a new post by @geekgirl, it has the tweets I was looking for last night concening El Salvador's additional purchases of BTC:

This isn't the image I saw at D.Buzz, but it answers the questions we had last night:


Screen capture of tweets by President Nayib Bukele of El Salvador regarding Bitcoin (BTC)
Source: Twitter via "@"geekgirl


UPDATE -- Correction

Last night I said El Salvador had 750 BTC. I was mistaken. It now has 700 BTC. I'm sorry for passing along bad information.

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About 3 months ago @edicted published this post about Bitcoin's domininance (which is still a thing even today):

I'm promoting this post because it features a good discussion about El Salvador's move to Bitcoin an how it could be the start of a move away from government as we know it today (including democracy and dictatorships).

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About 3 months ago @lukestokes published this post for making El Salvador even freer than it was the day the post was published:

The post draws from his own trip he made to El Salvador.

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About 3 months ago @snowundersun1 published this post about whether Bitcoin should have been the cryptocurrency chosen by El Salvador:

@snowundersun1 makes the case for Bitcoin Cash (BCH) over Bitcoin 1.0 (BTC):


BCH is better for El Salvador
Source: "@"snowundersun1

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Interesting point of view. I suspect it would be even harder for people to get on board with a coin that's unknown to the general public such as BCH but that's only my guess.

He does raise some good points though

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The better item of a group of 2+ things doesn't always get the recognition it deserves:

  • Betamax video cassete tapes were superior to VHS tapes in every way-- yet it was VHS which dominated the video tape market;
  • HD-DVD was superior to Blu-Ray in every way, yet it was Blue-Ray which captured the imagination of the markets.
  • Hive has development like you wouldn't believe compared to some of the blockchain leaders, but.... well, you know.

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About 3 months ago @apshamilton published this post which went into greater depth on the (then new) decision by El Salvador to make Bitcoin a legal tender cryptocurrency:

The post covers backround about President Nayib Bukele, his relationship with Bitcoin and cryptocurrency, the motives for adopting it as a legal tender, the trend it would set for smaller nations, potential impacts, and the actions of central banks.

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