Daily Crypto Markets Live Blog: The Quest For 10K Comments Continues (06/11/22)

in LeoFinance2 years ago

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

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

It is a great way to stimulate engagement.

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

We are open 24/7/365.

Stay Informed About LEO!

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10K comments in a month??

As such do we have any data on the number of unique and consistent comments in Leofinance App and Hive overall?

I am always in favor of a dedicated reward pool for the commentators and engagement. I dont know how complex it is to code.

See, the problem is even if you ask people to engage in a productive way and in return they will be supported in their posts, the tendency will always be to make it superficial without any real intent to engage. I am not blaming anyone, just generalizing the tendency.

On the other hand, if you incentivize is the comment itself, think of it as an answer to a question in Quora, or the intense engagement on Twitter, it is the comment in itself that has primacy over a question or a parent tweet.

Therefore I strongly feel the need for a dedicated reward pool for the commentators and those who love intense engagement.

In simple terms, if I could classify a post and comments, then it would be-- Post is web 2.0 and Comment is web 3.0. Most of the time, the reciprocity between the OP and the readers/users delivers the FAQ of a subject/topic under consideration.

You can only get into a different perspective when there is a proposition and counter proposition, the synthesis and the purer form is a work in progress when the proposition meets counter-proposition, The comment section is a heaven for people like me, who is an avid reader in Hive. Most of the time, I am also a silent reader. I am sure many are here, who love to be content consumers. We can offer them a better space if we have robust engagement.

Comments are also eligible to be upvoted. So when people put for quality comments, they can get rewarded out the same pool.

Perhaps some application (community) will decide to experiment with the ideas you presented. After all, none of this is written in stone. We are simply putting forth different projects to see what works.

It would be interesting to see how something like you propose would unfold.

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Yes, comments are also counted as content and derive from the same pool. But it does not have a distinction between a post and a comment. And with such a reward structure, the tendency to vote will always be for a post. If you dedicate a small pool maybe 4-5% of the total reward pool, the curators will start reading comments because that will earn them curation reward and that will be pressing to disseminate information.

Another option could be, if not a dedicated reward pool, then at least a second tribe token, good token, should not be a shit token, exclusively for comments that could also be another option.

If Twitter is popular it is because they have deep engagement in the 2nd and third layers and so on. If Quora is popular it's because of the variety of responses to a question. They are not just popular, they are quite educative, persuasive as well.

For a Social Media platform like Hive, I think the second layer of engagement and content will be the perfect homecoming for Hive.

Very interesting. I see what you're saying, but right now if you leave a thoughtful comment, the post creator will likely upvote it along with any other viewers.

But I think you want something more crystalized for curators already on the hunt for great posts, to also notice great comments.

"Comment Curators" say, armed with their own delegation to reward awesome comments only. Possibily a Comment Token as well?

There's some allure to this, as there have been times where an insightful comment has sparked more engagement and elevated the value of the post itself.

Didn't someone once say: "I shall either find a way or make one." :)

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But I think you want something more crystalized for curators already on the hunt for great posts, to also notice great comments.

"Comment Curators" say, armed with their own delegation to reward awesome comments only. Possibility a Comment Token as well?

Isn't there a Hive initiative that does this already? I think @elcomentador can comment and elaborate on this.

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beautiful

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Sometimes those insightful comments, as you say, add value and generate a conversation that ultimately adds value to the published post. It is precisely those types of comments that we like to value.


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@elcomentador is a Comment Curation Project.

We reward valuable feedback. We encourage engagement on Hive.

Earn passive income while supporting engagement. Join our curation trail.

|| Direct link ➡️ HERE. || 👩‍🏫 See our tutorial guide.

💬 Do you like our work? 😀 Consider voting this comment and help us grow! 💬
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Our account is intended to reward valuable comments and promote interaction. We value the ideas that have been generated in this conversation.


Banner Firma inglés.gif

@elcomentador is a Comment Curation Project.

We reward valuable feedback. We encourage engagement on Hive.

Earn passive income while supporting engagement. Join our curation trail.

|| Direct link ➡️ HERE. || 👩‍🏫 See our tutorial guide.

💬 Do you like our work? 😀 Consider voting this comment and help us grow! 💬
Si quieres saber más sobre los comentarios y su importancia en la blockchain Hive, visit the hashtag #hivecomments

If Twitter is popular it is because they have deep engagement in the 2nd and third layers and so on.

Dipbird has layers? Do you mean in the way that Hive has Layer 2 where LeoFinance and Proof of Brain reside? Or do you mean 2nd-level comments and 3rd-level comments such as what we have here as well?

Dipbird had deep engagement only because it has a larger membership pool. Just on numbers alone Dipbird will have deep engagement. We just need to work on our own engagement and grow it organically.

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this is absolutely true

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For participants in the LeoFinance Engagement League and the Hive Engagement League, commenting is a big factor.

In any given week, there will be someone who publishes between 6 to 8 posts, and posts are a big deal.

However, in the same week there can be someone who published 0 to 2 posts but whose comment count was so overwhelming that this commenter beat out the prolific poster. And it's not just the number of comments but the size of the comments as well.

It's rare when these 2 situations-- posts and comments-- occur, but it has happened.

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this is what i have been missing, i will step up and do the needful, i can not be here were things are happening and not get joy from it

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Just engage, add to the conversations, and engage some more. Not every comment needs a response, so we pick our spots where we can add.

If there's something we don't understand, it's OK to ask questions. Sometimes we add value by asking questions, especially if people leave us with answers we find useful.

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!LUV

@magnacarta, @garybilbao(1/1) sent you LUV. wallet | market | tools | discord | community | daily

⚠ The LUV command will soon require a limited number of other "!" commands accompany it. Details here.

This is amazing, Am going to do more engagements, just trying to know how better i should engage but i trust that its taking shape by the day, am getting to understand this community. thanks @magnacarta

You're welcome, @ekotmordemy. The point of engagement is to get people familiar with your account name to the point where they are willing to upvote your content (whether it's a comment or a post). People have to see that besides replying that you offer something besides words:

  • If your country is crypto-friendly, tell how;
  • If your country is hostile to crypto, show how for that;
  • Did some change you make in your use of Hive help you earn more? People are always looking for ways to earn more.
  • Did you have a good experience with some crypto which gave others a problem (say, Shiba Inu or even Solana)?

I'm not saying to bare your soul here-- there are other places for that. I'm just saying to make your comments count in ways that make people remember your name and say "Oh yeah, @ekotmordemy was right when said this about CROP" or "What he said about SIM was true last year, but since then SIM went up (or down)."

Any of us can make lots of comments, but how many of our comments stick out in people's minds? Even worse, how many of our comments make people say "he's commenting just to make comments?"

Show people how you can help as you engage, even if it's to say "Don't do that-- I tried it and this is how I got REKT." With a comment like that, it shows that getting REKT sucked for you and you don't want others to make that mistake.

Your comments need to add value as much as possible. Not all comments will be like that, but more than most need to be. If people get the impression-- wrongly or rightly-- that you comment just for numbers or just for the sake of making comments, that turns people off to engaging.


Long comments can be just as bad, and this is where I get in trouble. This is where people say "He's right (or he's wrong), but when's he going to stop? Just knock me out already!" I know people are in line with their ticket numbers to tell me this. I have to learn to make my comments shorter.


The point is, we want people to feel good about our account names when they see them. We also have to offer people something of value as we engage with them. After a while, they will want to give us upvotes, and if they still feel good about makeing their upvotes they will upvote us more freely.

As we engage, we have to make sure the engagement goes in both directions and both people feel good about it. If we can do that, we're doing OK.

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This is amazing, @magnacarta this is one of the best article have ever red on hive, this has really opened my eye to seeing things the different way, my account name is as good as the value and contribution i have added to peoples life on the block chain.

Being able to use my experience to help the next person out of calamity, as well as showing the way to get it done the right way.
wow, i can not tell how much you have helped me. i really appreciate, i sincerely do not take this for granted, not at all. Thanks


We encourage you to participate and get into the heat of the interaction.


Banner Firma inglés.gif

@elcomentador is a Comment Curation Project.

We reward valuable feedback. We encourage engagement on Hive.

Earn passive income while supporting engagement. Join our curation trail.

|| Direct link ➡️ HERE. || 👩‍🏫 See our tutorial guide.

💬 Do you like our work? 😀 Consider voting this comment and help us grow! 💬
Si quieres saber más sobre los comentarios y su importancia en la blockchain Hive, visit the hashtag #hivecomments

Thanks so much @elcomentador for the amazing update, please i want to know how to get involved, i will really love to be part of the engagement, joining the #leofinance community in the last few weeks has really a huge blessing, so i really want to know how to effectively engage the community. thanks

Simply comment and add value in every comment you make. Let your goal be to contribute to the author you have just read or watched on video.

If you want to participate in any contest or initiative, there is the "League of Engagement" promoted by @abh12345, both in Hive and Leofinance. Just there we are one of the sponsors.

You can also participate in our calls for community curation of comments that we do daily from our account @commentcuration .

We are at your disposal for any questions you may have.

!LUV

I suggest taking a look at the LeoFinance Engagement League and Hive Engagement league by abh12345. There are also some stats weekly by some people that go through the numbers for the entire platform but I don't remember them off the top of my head.

I don't think there will be separate reward pools for the comments and the linear rewards system already allows people to earn off comments if they go over the dust threshold.

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Anyone else seeing all this crazy shit coming out about Do Kwon and Terra labs?

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It seems to get deeper the more time goes by. This will be revealed as a complete fraud in the end.

It is sad that it is a reflection on stablecoins.

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Oh yeah, it keeps getting deeper and deeper. I just wonder how many millions Do is actually sleeping on at night considering he was moving $80 million to unknown wallets right before the crash.

Such a disgusting piece of garbage that guy has painted himself as. Sucks that this is going down in history as the "reason stablecoins are bad"...

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He had a shady character before this from what I read. So it is not surprising that something like this happened.

It is looking more like a good ole rugpull.

And now we have another shady dude in Sun pushing his stablecoin up the charts.

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It is looking more like a good ole rugpull.

Might be working on a huge article for my Rug Doctor series featuring the man himself lol. Every time I think I have enough info, more comes out though.

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Rug Doctor is a series? I should start checking it out and engage there, even if the posts may be older than 7 days.

When I first saw "Rug Doctor" I was thinking about the Stanley Steamer commercials where steam is used to clean actual rugs.

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Yeah, it's a new series I started where I highlight rug pulls and such. It's a fun time, feel free to check out the latest episode.

Yes, I named it after those rug cleaners lol.

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Tomorrow we will be 100K away from 500K.

The numbers keep growing.

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Are we beating the 10K target this week? And how much are you aiming to improve your performance this week?

Let's set our target and hit the 10K target.

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I have no idea. My own numbers will be pitiful as I will still be busy for the next few days.

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No worries, we understand. Glad that even though you are busy, you're still dropping by. We look forward to your come back :)

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The situation of a stable person is different.

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Yeah, that's true. It seems we have slowed down today :) I myself feel I haven't done much commenting, lol!

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Frankly, it is difficult to both create a post and comment. That's why I sometimes make mistakes in my posts. Well, it's not easy to reach the top.

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True. When I start creating my post, I have to stop commenting. Once I publish, then that's the time I go back to visiting pages and comment on those I can.

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Frankly, it is difficult to both create a post and comment.

Don't forget the cover image for the post. For some people, that's the hardest part of making the post. It is for me, even if it's a text-only cover image.

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What are you referring to?

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No problem, we will be waiting for you.

Take care of yourself.

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We know you will be back soon. Life sometimes jumps up.

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I'll do what I can on the East Coast. I've been doing more clean up lately on previous editions of the live blog.

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We will see if we get there. It is dependent upon the dedication people have. For this reason, we need to keep adding things that people can engage with.

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As much as we want to reach 10K comments throughout LeoFinance this week, there is also this consideration: sometimes the best comment is the one not made.

Leo A: I have a question...
Leo B [to A]: Here's my answer...
Leo C [to B]: From what you said, I like blue.
Leo D [to C]: You like blue? I like blue!
Leo E [to D]: Me too!!

All of us have made comments such as Leos C, D, and E; that happens after a while.

Our goal should be to make more comments like those made by Leos A and B.

If we're going to make comments like Leos C/D/E, then we also need to add value to the comment. Maybe include a question. Maybe add an update or detail. Maybe bring up a point of consideration.

For each comment Leos C/D/E make like in the example, Leos C/D/E-- once again, all of us have done this-- should also make a comment following the example set by Leos A/B. This is all I am saying.

I don't want to cause trouble for anyone else here, but I'm not backing off this comment either. If this makes me the bad guy or the heel, so be it. I just want to see 10K of value-adding comments this week and every week. After we add value, then we can say whatever we want.

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I think you are absolutely correct, but again we need a meaningful conversation but that does not mean that we cannot have a casual conversation too.

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Meaningful conversations can be done casually. Casual conversations can be done meaningfully. The two aren't mutually exclusive, and those weren't the situations I was talking about.

It didn't occur to me then when I made my comment, but there could be a way to keep the daily blog on the meaningful side: The "price of admission" is one top-level comment from each of us. We can make as many top-level commnents as we want, but we should each at least provide 1. This is where we provide a topic for discussion. This is where we add value to the daily blog.

After that "price of admission" is paid, then we're free to make whatever other comments we make (even if it's just an emoji or a picture).

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Without a doubt. Asking questions is a great way to start getting conversations going. It also provides very valuable information.

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We also need to keep in mind that the comments we make aren't just for us. The comments we make are also for the benefit of people coming to this daily blog from a search engine results page.

They came looking for answers to whatever question they have. They need to see that even if we're having fun we can be informative, and even if we're being informative we can have fun. If they see that it's too stuffy in here, they may never return. If they see that we make comments which don't add value, they will never come back.

Striking the balance between being informative and having fun is a never-ending task for us.

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We definitely need to make them focus on the issues, so there will be more participation. We should add things that will interest everyone. And I believe we will beat the 10K this week.

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Like Basics of Finance?

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It can be anything legal that will interest people :)

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Yes, for that we need more people out here commenting

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"Basics of Finance" is a topic which never goes out of style.

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That's true, I can read Basics of Finance at any given day, again and again.

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I think, what we can do is to make people talk about their posts itself, in the comment like asking people to comment.

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We sure can if we step up a bit more hehe.

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I'm doing my best, you know how hard it is to keep up with the comments :)

If everyone improves their performance a little bit, everything will be easy.

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Yes, you are rocking it. We can only wish we all step up haha. Life happens, people get busy, maybe :)

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I still can't see the previous comment, it's driving me crazy :)

Non-stop! steadily forward.

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Haha, same here. Sometimes if I can't remember what I commented on, I have to load the whole post just so I could read them. But yes, just keep going anyway. That's the painful part of change or development haha

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I do the same, but this is a serious waste of time, especially on posts with a lot of comments. We're striving against challenges these days, but we'll enjoy what we've built in the future.

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Not all week are the same, so yeah if one is down other have to step up

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Yes, that's a great way to work together.

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That's true, there is not a single person work, it has to be collective effort.

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We will reach the goals together, that's the fun of it. We are much stronger together.

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Yes, only 30% more than last week.

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Let's go for it :)

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Yes its always good to set target and achieve it

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Definitely. And then you enjoy success and what it brings to you.

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But also continue that goal and achieve it every week.

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Dorsey building Web 5.0.

He believes in skipping the tokenization and going to digital identity.

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This is quite interesting. But what he said is remarkable. I wonder how he's going to build web 5 while avoiding web3 concepts.

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He's not. It's a marketing gimmick.

I think it's a marketing gimmick

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Yes, that can happen too.

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absolutely

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okay.......

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Digital identity has been in the works for decades, and work in that direction had accelerated since 2020. For us, making every aspect of the network as decentralized as possible had been the goal, and next for us is actual network infrastructure. Not so for Jack Dorsey and his ilk; for them, it's digital identity.

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It is an important part of the future. However we are not likely to get anything from them. Dorsey is still full of shit, same as he always was.

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this is amazing, the future holes so much for us

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As a technological achievement, it is amazing. But at what cost? What will it cost us as a society and as human beings? What will we be sacrificing in exchange for this achievement?

For those of us who want it, they are free to have it and use it.

Those those of us who do not want it, we should be left alone. For a while we will be, but it depends on who is in power at the time.

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thanks so much for sharing

am wondering same too

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Oh, so there's a web 5 so soon? Wow! Let me go do some reading.

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am right behind you, so soon

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He's talking Web5, but what's Web4? It's like Microsoft going from Windows 8.1 straight to Windows 10.

It could just be marketing hype. This is why marketing gets a bad reputation even though it's neither good nor bad in and of itself.

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And there were so many bugs in windows 8.1 which was never fixed, we need full proof of Web 3 before going to Web5.

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Thank you for that. I'm behind most things (tec and crypto) so I got surprised there's a Web 5, hehe!

Yes, some marketers blow things up to the extent they kinda "destroy" what they are marketing.

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amazingly awesome

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Now people are just giving some terms but actually it is doing the same thing behind the scene.

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REMINDER!!!!

Time to get the CANDIES. We are looking to fill our jars until they are overflowing.

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I got my 40 candies. 3 days left until the top.

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Congrats. I'm just a step behind you. :)

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Congratulations, I hope you reach the top.

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more strength, forward climbing

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Let's keep climbing. :)

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Congrats! You're halfway to the top.

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Thanks, I'm at the top in 3 days. I'll wave from there. LOL

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Keep going, don't lose faith and energy, lol! You can definitely make it to the top :)

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It is not difficult to reach the top after being stable. :)

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That's right, all you have to do is keep your pace or increase it more to go up notches higher :)

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keep going, am right behind you

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For me tomorrow is the start again

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New beginnings are the harbinger of the top. Good luck

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Got mine, at the top today

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Congratulations. I'll be there too in 4 days. :)

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I got my 40 today, 3 days to the top

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Congratulations.
I just got my 40 too today. :)

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Aha! Enjoy them all. Tomorrow, you will play the slide down to 10 :D

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congratulations consistency is the key

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Just got another 30 today. :)

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How nice, you're all advancing to the peak. Congrats and keep going :D

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Thanks. Same to you too. :)

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Yeah, 10 down the jars today. I can easily consume them if they were real candies, lol!

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congratulations, take your time, but serve them for the rainy day

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Yep. Keeping them in the bottomless jar.

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No, that will slow down our machine

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Thanks for the reminder. 100 candies today.

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got my 40 also, still climbing

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That's a welcoming change, although that means they aren't going to use crypto but at least they are opening up doors for people to get into it through NFTs.

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Yeah opening the door one way or the other

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great deal

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Ethereum (ETH) has fallen to its lowest levels since March 2021. Why?

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I'm also curious to know the reason why.
It's been in a down trend since November 2021.
Are we currently looking at a bottom or is it bound to go lower?

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I take both into account. There are both positive and negative developments on the ETH side and I wonder where the price will go.

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Probably lower due to macroeconomic environment and general bearish sentiment. Fundamentals like technical development, application and increased use don't matter, at least for now.

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The delays in the merge if you ask me, plus with the market sell off.

People get upset at the delays, regardless of where they are.

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All this happens without taking Ethereum mainnet offline, too. This is not an easy task.

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Too many changes on the chain make people tired? Despite receiving significant upgrades in ADA, it is falling.

Frankly, investors and traders in the market have already priced in the merger, but even the possibility of a delay lowers the price.

It also amazes me that traders and investors don't seem very excited about the merger.

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yeah that true, really really upsetting, i must say the truth

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Yeah, sad and good at the same time. I wonder why indeed.

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I think people are getting tired of too many updates and delays.

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That's possible too. But even when the updates didn't roll, our total engagement was still around 8k. While others are upping their game, the others seem to stay stagnant or falling behind hehe. I didn't check individual stats but just my assumptions on why the numbers don't seem to move, lol!

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Yes you're right, we're still hovering around 8K. Looks like it's up to us to make up for the 2K difference. :)

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And we shall do our best, lol! Get set.... GO!, haha

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I'm going at full speed :) I'll catch up with you. Even now you have more than 1K comments :S

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yes this is true, but why is also my question as well

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I tried to answer in the comment above.

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I think because of the market sell-off, might not be any other reason.

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So what triggered the sale?

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In my opinion the last sale was because of the US inflation data.

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Yes, this accurate inflation data has negatively affected all money markets. The data point to a further decline. But of course, it's hard to know how much of a drop there will be.

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That's correct, but I thought that crypto should not be affected by that.

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There are thousands of investors following wealthy investors. Even if crypto is not affected, those who follow them are affected.

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Big down day in the market. The participants certainly didnt like the inflation data.

To them, they see the print and recessions jumps across their screen.

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But Crypto was supposed to be a hedge against inflation

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Commodities are hedges against inflation. This is why they tend to go up as fiat currency goes down in value-- or as both drop in value commodities maintain their intrinsic value ( > 0.000) as fiat currencies reach theirs (which is 0.000...)

Cryptocurrency is still currency, just as much as fiat money is currency. Perhaps someday cryptocurrency can buck the trend, but it is still closely tied to the value of USD and other fiat currencies.

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Yeah, commodities are hedges against inflation, that is true. And also crypto is very much tied to currency, but again it is marketed as the asset class which helps to grow your wealth so it should be hedged against inflation.

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This is how it usually works.

The companies that are operating according to the old business models, that were funded with VC money are now facing the situation of having to lay people off.

Unfortunately, economic pullbacks is when we see a lot of the clearing out.

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Sad but true. I read there had been lay offs in other companies too earlier in the year. Tough times call for harsh measures which certainly affect those on payroll.

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There are going to be a lot of layoffs coming up. We saw the first time claims jump this week, exceeded the projected by about 20K.

I fear we are going to see a lot more of this.

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Which is sad and it will be tough for those who get laid off especially if their jobs are the only source of their incomes.

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Layoffs are happening everywhere and not only in the companies related to the Crypto though

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IMF moves away from PoW.

No surprise there.

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No surprise indeed. PoW as a concept has been under sustained attack for some time.

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$Hive is under 50 cents. The entire crypto market getting beat up some.

BTC dropped below $30K.

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What do you think, will BTC break the support level of $28K.

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A decent explanation about the difference between centralized and decentralized networks.

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$TSLA filed with the SEC for a 3:1 stock split.

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An interesting article on making money in cryptocurrency.

It is a basic primer, worthy of a quick read.

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Dorsey's decision to try and build on Bitcoin is interesting. It is old technology that really precludes much taking place at a decent pace. I havent looked into his "Web 5.0" yet but it seems like a non-starter to me.

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The CTT show is now on. Stop by the 3Speak Discord and listen in on Twitter.

Discord is for commenting.

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