Daily Crypto Markets Live Blog: HIVE Holding Up After The Pump (11/16/21)

in LeoFinance4 years ago

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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CRYPTOCURRENCY

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Although I don't use t talk about airdrop but, I know many that started their crypto journey through an airdrop.

Cosmos ecosystem has been my focus this day and I dug around some of the projects. $XPRT, $LUNA, $ATOM & $OSMO. The amazing thing about this ecosystem is compared to Hive blockchain in terms of airdrop/claimdrop. Holding Hive or staking it has onboarded many community tokens into my wallet and the same is happening with Cosmos.

Persistence has been a protocol enabling exposure to multiple asset classes through different products like pStake, Comdex, Asset mantle and AuditOne and these products are now launching their own tokens and the first partakers are those in Cosmos ecosystem ready (holders and stakers).

Here are some of the airdrops:

  1. pStake Aidop and how to claim it
  2. Comdex Airdrop

Interestingly, there are so many benefits attached to these two products, possibly I will share more later.

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Thanks for sharing some of your thoughts on Cosmos (ATOM).

It's one blockchain that is certainly receiving a lot more attention from the LeoFinance community as of late.

Looking forward to reading more of your findings in the future :)

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Thanks for your comment

The markets are going seriously red.

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Well markets go up and down so I wouldn't worry about it too much. We did go side-ways for quite a bit.

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Do you think this is positive or negative?

On one hand, it brings $100 million, cash, into the space. On the other, it is Wall Street taking more control.

Either way we look at it, we need to keep growing our bags to help to counterbalance what is taking place. We can, through the Network Effect, create hundreds of billions of dollars.

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I think its both good and bad. It will help crypto's marketcap but yea the institutions will start buying into the projects and take over the more well known ones

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BITCOIN

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Bitcoin's run to $70K got derailed for a bit it seems.

Down below $63K right now.

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Leave it to our government. Spend money they don't have and then try and take the money it's citizens are trying to make outside their corrupt system. These people should all be thrown out of office, starting with the complete incompetent at the top.

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I think the chart is fine but I wonder if 100k is still on the table for the end of year rally.

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HIVE

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Hive Pay updates. So there are some changes to the payment processor to make things easier for people but I am more happy with a new exchange where people can convert HIVE into SWAP.HIVE and vice-versa. According to them, the fee is cheaper than LeoDex and it is 0.2%.

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a new exchange where people can convert HIVE into SWAP.HIVE and vice-versa. According to them, the fee is cheaper than LeoDex and it is 0.2%.

Yep, LeoDex and BeeSwap are both 0.25%.

Competition is good for the end-users like us :)

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We will see if they have any liquidity.

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Liquidity will come over time but I think it will run into the same issues as LeoDex and Beeswap when HIVE pumps.

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Yes one thing they mentioned on their Monday show was that their developer creates something new when he sees something he doesn't like. In his case, one thing was the fees so I think it's a huge plus.

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We had a Korean pump last night in the price of HIVE. It hit 1.05 roughly. The price dumped today but seems to be holding up well.

At least look, it was holding right around 90 cents.

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It's currently back at 1.030 at the moment, and its probably the latest breaking news hahahaha.

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The market seems to be a lot of red.

I seem Bitcoin is crashing. Coingecko has it at 95 cents right now. Seems another pump is in the works.

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I noticed that on Coingecko as well that sea of red.

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Upbit it at it again.

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We had a Korean pump last night in the price of HIVE. It hit 1.05 roughly. The price dumped today but seems to be holding up well.

HIVE crypto thoughts

It's interesting to see Hive going up when absolutely everything else in the entire market dumps HARD.

Honestly, I'm not sure what to make of this...

In my blog yesterday, I wrote about the same old Korean pump, but also shared the following daily chart:

Hive price chart highlighting the ascending triangle.

Yes the price action was started as a Korean pump, but those consistent higher lows show that there is certainly real demand for HIVE too.

Exciting :)

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It does keep raising the floor. That is a good thing.

We will see if the price can remain elevated from previous levels.

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I've missed this pump too. I need to get myself some Liquid Hive and keep it for such events. Sell on pump, buy on dump and repeat.

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If you can catch it, sound way of doing it.

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2$ for hive is inevitable by December

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Well it's staying near $1. However I always wonder whether or not the Koreans are making money off these pumps and dumps.

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Another proposal for the development of plug and play into the Hive Application Framework.

https://peakd.com/@imwatsi/funding-haf-plug-and-play-development-2

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Alright, which one of you is buying all the HIVE? Everytime I refresh, it keeps going up! ($1.25 now). :)

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LEOFINANCE

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CUBFINANCE

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STOCK MARKETS

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PERSONAL FINANCE

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TRADING

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TECHNOLOGY

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NFTs

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Cosmos Ecosystem is getting more interesting. lately, I was looking for NFT on the Cosmos network due to the fact that the day I've found out that Cosmos is an ecosystem of blockchains that can scale and interoperate with each other have been leveraging on some of the projects under the ecosystem.
15th November 2021, Asset Mantle one of the Persistence launched its NFT marketplace testnet

This is the announcement can be found in this Twitter thread with all info needed

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DeFi

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BLOCKCHAIN GAMING/PLAY2EARN

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MISCELLANEOUS

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It seems we had a drop off in activity.

Any ideas to stimulate it?

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Find me some employees... lol I need a month and then things will slow down and I can get back on here more often.

I also think the contest may have had a burnout effect. Too many people posting inane, meaningless comments just for the numbers.

Like I said, I'll start contributing again in a month or so. At least there will be two of us. lol

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I also think the contest may have had a burnout effect. Too many people posting inane, meaningless comments just for the numbers.

Haha, yeah I think this is part of it too.

We've just gotta encourage people to share more top level comments - Maybe more than just links?

And natural discussion should flow from there.

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No I wonder where some of our active participants ran to. Then again I am also contributing to the lack of activity by not posting many top level comments.

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I'm not sure, but I wonder if it might be the topic headings?

Back when there weren't any, it had more of a wild west feel to it. I remember when I posted about the deepest caves on Earth, and it got a strong response. Not sure if I'd post something like that today. I wonder if some might feel constrained to the choices listed? But I don't really know. Until recently, I've been working which messed up my body clock. Have actually fallen asleep at my laptop a few times. but you'll see more of me as I adjust.

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Task, it's up to you if you want to try going back to the old format and see if that increases activity.

Just don't feel like you have to keep it as is for SEO reasons, because without different text at the top of each post template, the effect of subheadings in the comments is going to be negligable.

If not, maybe Miscellaneous could be changed to something more fun to encourage more of those random fun posts?

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October was a light month offline for me, but November has been busy for me offline. I deal with things as they come, so that's part of it.

I've been publishing more posts, and sometimes I go down the rabbit hole for either research or editing.

As for top-line comments (now 2nd-line comments), I need a new strategy for finding older LeoFinance content to promote; my current strategy isn't as productive as I had anticipated. I don't want to be too picky, but I don't want to promote lack of substance, either.

I'll figure things out, but at the moment my priority is publishing more posts.

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REMINDER!!!

Get thy #CANDIES.

If not, the world will be mad at you.

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The world will not be mad at me tonight....

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I accidently forgot to collect my candies yesterday so my diamonds got their day 7 collection but candies went back to day 1.

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