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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Posted Using LeoFinance Beta
I was checking around Hive Engine on prices and saw that LBI was actually selling for less than the price of LEO. It's pretty crazy considering how LBI's underlying funds is greater than 1.2 LEO if I remember correctly. So I bought some LBI and increased my total to 200 LBI.
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Good catch! If you're planning on being in LEO long-term, then owning as much of this as you can is a good move IMO. Get Rich Slowly...Fast. The numbers get pretty amazing when you get out 4-5 years. And that's just on the LBI price in LEO. If you factor in LEO token price appreciation, you start getting into 100x type territory. Like LBI price could easily be 5 LEO and LEO could be $5.00 so one LBI could be worth $25....
It will obviously take time but...the trend is our friend with this one and I don't see any reason to believe it won't continue. Even in bear markets the value of LBI in LEO should continue to rise. And then if the LEO token value rises in the bull markets....? Jackpot!
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The fact that more LEO is generated each week for the LBI account really helps things. We are seeing more LEO being held as author and curation rewards roll in. This helps to offset some of the price fluctuation.
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Yea, I love how all the different projects on LeoFinance add to each other.
That usually means that if one goes up, others will follow and we make mad stacks
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Yea but I think having LBI is better than having LEO since we get extra dividends on top of price appreciation.
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Oh, it's for sure better. LBI is worth almost 1.5 LEO right now for one thing. And it will continue to climb. Leo is better for curating your own stuff but otherwise, LBI is a better investment IMO. The only other downside to LBI is liquidity. Much harder to sell it if you ever needed to. But if you're planning on holding them for the long-term, then LBI should be worth much, much more than LEO at some point.
Posted Using LeoFinance Beta
Awesome. I will check it out too. It mostly follows the LEOs price but you get that opportunity once in a while.
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Smart move. LBI is a great project and you can't have enough of their tokens
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That is the way to take advantage of market inefficiencies.
And I think the value of LBI is closer to 1.4 LEO.
Either way, a terrific buy for you.
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I traded in my liquid LEO rewards to pick up some. Still was a good price when I purchased the LBI. Thanks for the heads-up! Much appreciated. Now I will wait for my dividends.
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Yes, those dividends are great. It's nice to just see them show up every week without having to do anything.
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You are welcome. It looks like most people weren't paying attention to it either.
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Lucky, wish I caught that too. The price seems to up back to normal now.
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Well I think it happens every once in a while so you can always check out prices from time to time. Who knows if you will see LBI on sale.
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LeoFinance Crypto Guides Update
I'm up to date paying all LEO rewards to Crypto Guides contributors (Plus some bonus SPT rewards).
To go faster, I will start copy/pasting unedited text into the final guide templates as we go. Then go back and edit properly later.
Just this week, we've had 34 Google referrals to our Splinterlands (DEC) guide.
Google Rankings:
splinterlands dec - P5
splinterlands dec guide - P1
guide to splinterlands dec - P1
what is splinterlands dec - P1
Posted Using LeoFinance Beta
How does one become a contributor? Maybe I could help out with the content sometimes.
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People "claim" sections they would like to write about but I believe there is no problem if more than one author goes on about the same topic
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We'd love for you to get involved :)
That's it!
It doesn't matter if someone else has already written something on the subheading.
The more variations and links the better.
Looking forward to seeing what you come up with :)
Posted Using LeoFinance Beta
Awesome! Thanks for the info! I will give it a go as soon as I get some free time on my hands. Sounds like an interesting effort to be involved in.
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Cheers Jerry.
Good to see another face getting involved in our live blog chat here too :)
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Just write a post and have a link to @crypto-guides within it. @forexbrokr has templates as a guide. Everyone can contribute and then @forexbrokr includes the contributions into the final post.
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Awesome! Thanks for the info.
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Most content is text, but multimedia is welcome as well. The other day @leopuma submitted the first video to be included in a @crypto-guides Guide.
Everything else mentioned in this thread applies as well.
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I can not compete with these fantastic writers. I am lousy at creating content. Then again? I did get my pretty mug into the @crypto-guides, so I have that going for me!
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LOL!
Thanks for your contribution, Sarge.
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You are welcome. I am wondering... since my man-boobs were showing, will that part of the @crypto-guides be considered NSFW?
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You would be censored on Facebook.
But not here ;)
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That pipe of yours is really something
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Cool! I have no idea how good that number of referrals is but it's nice to know we're getting some hits.
I couldn't get to writing the Monero pros and cons yet because work has been crazy this week but I'll still try to get it done in the next few days. Hopefully it wont be too late for you to use it, but either way I'm learning a bit writing it hehe
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I don't know much about SEO but if I am not wrong connecting the previous guides on the same topic would overall improve SEO of the network too. As internal links build trust if I am not wrong. I need to read more on this though.
As you write each post for @crypto-guides, see if you can link back to as many earlier guides as possible. Some are easier to link back to than others, but don't worry about that. For me, the hardest guide for me to link back to is the one for SafeMoon.
When you link back to a guide, though, link back 1 time. 1 link back to each guide you mentioned is all the search engines need.
Posted Using LeoFinance Beta
Everyone talks about Hive, Bitcoin, and Ethereum in new posts all the time.
Just adding a link to the guide under anchor text like Hive, once per post, is all you need to do to help :)
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The 30 organic referrals is a great start at least.
As for your Monero pros/cons, it's never too late!
When it comes to SEO, we want a constant stream of new content to update our guides with.
I'm looking forward to reading what you come up with :)
Posted Using LeoFinance Beta
Cool! That's great to know :)
Do you think we could tweak something for the next guides to try and improve SEO or for now we just keep doing what we're doing?
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Search engines have the links, so we just need to go back to earlier posts to edit them to make them better for SEO:
The first paragraph of any post we write is vital for SEO. When people see that paragraph, it needs to be informative and rich with keywords (or at least include the preferred keyword). If that first paragraph looks like "Image source...," that kills SEO.
(Speaking of which, I need to redo many posts I wrote for @crypto-guides for that exact reason.)
Posted Using LeoFinance Beta
Those are nice tips. I'll try to implement them on my next posts
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Going back and editing your old posts is EXTREMELY helpful.
Now you get the structure of subheadings that Google likes, fixing up your old posts to match will help.
Adding a couple of links here and there too.
Just remember to 'keep it natural'. Meaning don't change EVERYTHING in 5 minutes. Do it slowly over a couple of weeks so Google doesn't think you're a spammer.
Posted Using LeoFinance Beta
There is an endless amount of optimising that we can do to these final versions.
But for now, I'm just focusing on getting all the content up so we have a large base to work with.
Keep doing what we're doing :)
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Take the shotgun approach, pull out the rifle later.
Just get stuff out there so that we are being seen by the spiders and then refine it for optimization.
That seems like a good plan.
Splinterlands is a hot topic and we have a lot of stuff being written about it.
Posted Using LeoFinance Beta
Right, first things first :)
Gotcha
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Those are some pretty good page rankings. It will be key to keep them there are @splinterlands gets more attention.
I would presume Leofinance would score rather well with anything related to Splinterlands since we have so much posted on here about it.
The more on here, I would surmise the more it helps the ranking stuff.
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Yep, having lots of updated content shows Google that we're an authority on the topic of Splinterlands.
But to make it easier for Google to see this, we need to be interlinking.
Every time you write a new post on Splinterlands, add a link to at least 1 of the following evergreen guides:
They are all our evergreen pieces with page 1 rankings for high volume search terms.
Posted Using LeoFinance Beta
Since I play Splinterlands regularly now, will be writing more about it. I Will link all of them to the DEC Guide.
We must ride the Splinterlands' wave. 🚀
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Just adding a single link per new post where you talk about Splinterlands, would be a huge help :)
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For sure! I hope it will improve the rating of our guide on google search.
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Rewards? Really? I didn't know that. I thought you just got the rewards from the normal posting. Oh yeah. There it is. 5 and change LEO from @crypto-guides. Nice!
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Surprise! Surprise! These little 'drips' add up with time. 😁
Quite helpful in growing your stake bit by bit.
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I'd obviously like the rewards to be a bit bigger...
But it's hard to get people to vote on a template post haha.
However, everyone contributing looks to be getting good curation rewards on their own blog anyway.
So all up, I think we're going well :)
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I am earning 5-7 different crypto from publishing these guides. This doesn't seem much right now but I am sure after a year or so, I will be in a much better position. The power of staking. 😁
Sunshine 🌞 and Rainbows 🌈
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Yup, they all add up.
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Yeah, I wasn't complaining. I didn't even know there were rewards so it's all gravy to me. I'll have to look into doing a few more of these when I get more time.
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That's awesome. Looks like we are creating something powerful here that could give us a decent amount of traffic automatically going forwards. DEC guide came at the right time. ;) Game is blowing and up and obviously, people are looking to read or watch more content on it.
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The Splinterlands Guide was the first featuring a Layer 2 token from Hive blockchain. Splinterlands itself has around 10 tokens it uses, but DEC was the most relevant at the time.
The guides are mostly around major cryptocurrencies, lesser ones which get lots of buzz (SafeMoon and Shiba Inu), and HIVE.
Posted Using LeoFinance Beta
Oh really? I only know about 3 or so. I had no idea there are 10 tokens they use
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I was mistaken. There aren't 10 Splinterlands-related tokens. There are at least 16:
I'm working on a spreadsheet project for myself involving Hive Engine. There may still be other tokens for Splinterlands; that's just from a search for "SPL" I did.
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Oh wow! I had no idea about most of those
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Lol, same. :D It's a long long list. Everything on Splinterlands is tokenized.
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I expected a few, but not that many. It could be that way for the other games. I haven't reached them yet, so it will be a while before I can see what tokens they have.
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Yeah we cover Major ones because they get the most traffic. We chose Splinterlands because it's creating a lot of buzz right now. We did the guide at the right time. Now we keep reaping the benefits from their growth. The job doesn't stop here. We need to create more content on the game linking back to our guide to boost the ranking.
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Absolutely. The cryptocurrencies which generate the most activity need to be covered. Not just for the major players in crypto but also for Hive Layer 2 as well.
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100% sir. That's why I think we should do a deep dive into LEO as well. 😁
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This is fantastic. I think that this was a very good idea and it along with other projects, is instrumental in driving traffic to LEO Finance!
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Wow! Three search results on page one (1), that is fantastic. @crypto-guides is making waves especially with the Splinterlands' topics.
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It can already be said that Cubfinance's first IDO has been a success with full fundraising. They have several more projects on the exit ramp. How far do you think these new developments can take CUB?
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Far.
Hard to say how far because I'm sure they are already thinking about the next step so I believe the constant development that's going on will really takes us far
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I believe when CUB gets popular it will happen very quickly. Word of mouth is the best advertisement and I am one very happy member of the @leofinance community.
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Bitcoin reaches new all-time high in its transaction volume. Is a heavenly bomb or a hellish fall preparing?
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Depends on which crypto pundit aka crypto influencer one listens to.
Crypto markets will do what crypto markets do. It is a rollercoaster ride.
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"SPACE MOUNTAIN! WOOO!!"
Seeing classic Ric Flair was all I needed to give the comment an upvote!
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I do not see an upvote, but that is okay. I like Dusty Roads better than Ric Flair.
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I know that much attention in recent weeks has been put on the NFT-based games, mainly Splinterlands but also Rising Star, dCity, dCrops, and Rabona.
I was wondering if anyone here has experience with the gambling games (especially Lucksacks Poker). I'm expecting the gameplay to be straightforward; just learn the rules of the game and any house rules which take precedence in gameplay.
Should we be paying attention to the gambling games as well in terms of returns and gains, or are the gambling games purely recreational with no investing implications?
Posted Using LeoFinance Beta
Well in gambling games, the house usually wins. The more you gamble, the more likely you will lose out eventually. So be careful with how much you gamble.
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"House always wins" is a given. No one escapes that fact of life. It's like death and taxes. Even if some people win big on occasion, over time it evens out.
Still, people don't go to Las Vegas or Monte Carlo or Macau to play Splinterlands; they go to play traditional casino gambling games.
Posted Using LeoFinance Beta
hey! I help out with @lucksacks poker. I think the 'investing' implications are that you can earn/win HIVE with no investment on your end... the site does NOT take deposits. You can donate for Tickets to get into bigger/different games but you are gifted a few when you first sign up, to get you started. MANY HIVE-ians have earned major HIVE playing. The site is currently getting an overhaul of sorts, so games are not running 24/7 as they normally have but I expect that to change. Let me know if you have any more questions, and/or join our beginners server here:
https://discord.gg/jfJ5J58S
Hive is undergoing many changes in many ways, so it makes sense that it would be offline periodically.
I'm not expecting Hive to be Number One for casino gambling-- that's still Bitcoin-- but it would be nice to attract various kinds of players (D&D, gambling, sports, sims, trivia, family-friendly, puzzles, etc.)
Posted Using LeoFinance Beta
D&D on Hive? Now that's more up my alley! It could be interesting
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Isn't Splinterlands based on D&D? Or is it an imitation of Magick: The Gathering?
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I haven't played enough Splinterlands to verify if it's based on D&D but I can already tell it's different from Magic The Gathering in most aspects.
It has some similar elements, but then again, most card games do because MTG is the most successful and the grandfather of them all, but the core mechanics of Splinterlands are quite different!
Posted Using LeoFinance Beta
When I mentioned D&D, I only meant that fantasy roleplaying games were one type of game on Hive blockchain.
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Never tried any of those to be honest. Not much of a gambler myself
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Most of my gambling has been with slot machines. I remember when winnings at slots were in coins; these days, you get a printed receipt to take to the cashier.
If people are going to spend time visiting Bitcoin faucets for free spins to win some prizes or Satoshi, I figured there could be something similar which could draw people to Hive instead.
At the moment I don't have enough HIVE to play any kind of game, but when that time comes I'd like to be able to keep my gaming or casino experience in-house with Hive blockchain.
Posted Using LeoFinance Beta
Oh really? Boring! I was never too much of a gambler, but the few times I did gamble it was only because the prospect of watching all those coins get spit out by a machine was really fun lol
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The last time I went to a casino was within the last 5 years, so it's been at least that long that winners get receipts instead of cold hard coins. The winnings are equivalent whether it's a receipt or a bunch of coins, but the coins are much more satisfying on a primal level. The receipt makes it feel like a fed a parking meter.
Posted Using LeoFinance Beta
Here in the Commonwealth of Pennsylvania online gambling is legal. We were the fourth State to sanction online gambling.
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I have the misfortune of living in New York, where my crypto experience (among other experiences) is limited to using Gemini exchange. Needless to say, gambling in New York isn't like gambling in more fun locations like Las Vegas. Rebo, or even Atlantic City.
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I agree with you. The sound of coins dropping is very satisfying.
That's one of the reasons why I play Rising Star! :P
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I am a firm supporter of Lucksacks Poker, though I do not play often like I used to do. I have actually hosted a couple of games, even one to promote Leo Finance!
Solid people and honest to a fault. I can not praise them enough.
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I'm closing in on 200 HP. After I reach 300 HP I'll experiment with blockchain gaming. My head spins with the other games, so Lucksacks Poker may be more my speed.
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It is free to play, a sort of HIVE faucet. The site is not on the HIVE blockchain but winners can pick up a little HIVE. Did I mention it is free to play?
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Earlier today I liquidated an investment I had in a fund that was earning around 4% a year. When the money is available in a couple of days I'm going to bring it over to Hive, convert to HBD and lock it in Savings.
I believe this is a better investment for that capital.
Posted Using LeoFinance Beta
100%. You get interest monthly and a yearly return of 10% is way better than 4%. Moreover, you own your funds.
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It certainly a much better deal than the traditional institutions are giving.
Buy near $1 and one will be fine over time.
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Yea 10% is definitely better than 4%.
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It is something that is hard to ignore. Hopefully you have enough to move over to offset the exchange fees. However, once it is there, you will earn more plus probably have opportunities at better returns over the next few years.
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Yea, I think it's still going to be worth it, even with the fees
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By the way, wait until the price of HBD drops.
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What about buying HIVE and doing a conversion into HBD?
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Sounds like an excellent plan. HBD savings accounts have some pretty impressive annual percentage rates.
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What's the APR?
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HBD in savings increases at 10.00% APR as defined by the witnesses [block-producers]. —Quoted from my wallet on peakd.com.
Brackets were added by me, @sgt-dan, to clarify the term, witnesses.
Posted Using LeoFinance Beta
As long as HIVE doesn't go to zero, then you're safe ;)
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True! And I don't think that's going to happen
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Highly unlikely, LOL. Well, unless the internet-destroying-virus from Russia gets released early
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4% seems pretty small. I'm sure Hive would offer much more.
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Question.
This is regarding the decentralization in blockchains.
How does DEX, IDOs and Swap sites build trust among the community?
As in how can we be sure if the people behind the project are genuine?
I don't think you can. It builds over time and one or two bad actions can destroy your reputation amongst your customers.
Posted Using LeoFinance Beta
You cant. That is why you have to trust the protocol and do your research.
It is also why it is good to see Cubfinance starting to be successful. This is one where the community can trust the team.
The longer that goes on, the bigger the reputation gets.
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Cryptocurrency and related projects are still the wild west but people earn their reputation through their actions. @leofinance has proven a number of times that they are a legitimate project.
Each person must make their own call for now.
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For people familiar with Batman (especially between 1990 and 2012), Alfred Pennyworth is butler to Bruce Wayne. Alfred is one of the few people to know that Bruce Wayne is Batman.
As a crime fighter, Batman gets beat bad even when he wins his fights. He needs medical care constantly, yet it's not a good idea for him to visit local or regional hospitals. Where does Batman get his medical care?
From Alfred, his butler.
Alfred may not be certified to practice medicine, but he knows enough about the healing arts to keep Batman in commission and Bruce Wayne in the public spotlight so that he doesn't raise suspicion about his whereabouts.
Alfred's reputation as a competent healer matters enough to Bruce Wayne that he trusts Alfred with his identity as Batman. Sometimes reputation is more important than certification.
(It also helps that in recent decades Alfred's backstory evolved to reveal that before serving the Wayne Family he had been a combat medic with the British S.A.S.)
Posted Using LeoFinance Beta
I do not like Batman. He beats up dolphins. I am a @hive and @leofinance dolphin. Batman can kiss my dolphin arse!
Oopsy. After looking closer he is beating up a shark and not a dolphin. My bad. I still do not like Batman. I am more of a Spiderman kind of guy! 🐬
Posted Using LeoFinance Beta
It's easier for me to become like Batman than to become like Superman. I can't get go faster than a speeding locomotive or use x-ray vison, but I can learn relevant skills and-- in theory-- become wealthy. That's why I grew up wanting to be Batman.
As for Spider-Man, excellent choice. I'm more likely to get bit by some creature or catch some rays.
Posted Using LeoFinance Beta
Lol, I love your logic
In that sense, I guess I identify more with Iron Man because he is also a normal guy with a lot of money and he is also a big nerd like me
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Bruce Wayne and Tony Stark are both wealthy. If they were real people, they would be into cryptocurrency. Given what each has done in their comics universes, I would classify them as BUIDLers. When I find a few more BUIDLers I'll write about them.
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I could be wrong because I don't know the technical aspect of things but my guess is we really can't be 100% sure all the time.
That's why I believe reputation is important in this scenario and that's also why I don't drift too far from Hive blockchain. We all know the guys that are building things here so I find it a lot easier to trust them than some "outsider".
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There are also certificates issued by companies like Certik that provide an additional layer of trust, but in my opinion, it all comes down to reputation.
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When more people complain about a crypto, blockchain, or exchange than praise it is when we know it's a stinker to be avoided. As @tfranzini noted, it boils down to reputation.
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Cryptomaniac's podcast with @elindos. It's up now and I remember making a comment a little while ago wondering when it would be up.
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It was a good session. I hope everyone enjoyed it.
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Awesome! Really looking forward to that one so I'll block some time for that
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Definitely going to watch this one. I need to learn about Exode...
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It can be tricky at first, especially the evacuation part. But there are some good guides out there that can help you out
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I missed it. I will go look at the recording of the podcast now on Periscope.
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The link I posted has a 3speak recording of the podcast.
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Sorry. I did not notice that @jongolson had posted to @threespeak. I will watch it there so I can vote on it! Thank you for the heads-up!
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When will the next IDO happen?
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No word yet. I would presume we will get some time of timeline in the next developer update that I believe comes out on Thursday.
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Isn't this contact with developers the same as every Friday?
There are two different things: one is the developer update, which is a post that the leofinance team publishes every week with news on how development is evolving and the next steps they have planned and another thing is the weekly AMA, which is usually on Friday, where Khal answers questions asked by the community.
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Good information. I will try to remember to attend both. Problem is, I have a memory like a sieve.
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To use @khaleelkazi's tag line...
SOON™
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The same line always
I think I heard something along the lines of "in the next few weeks", but that's a very broad range :P
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Jerry the farmer also made an analysis of the Cakepop IDO aftermath. He knows his stuff so it's an interesting read
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I just answered a question Jerry the Farmer had about contributing to the @crypto-guides. He has a really great writing style which keeps my attention.
With the ADHD type personality I have, keeping my attention is no small feat! Jerry would be a great addition to the contributors of the @crypto-guides.
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Hell yea, I think he would be able to contribute a lot!
The dude really knows his DeFi
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Here is another who took a look at it and is asking if the payouts are provably fair.
It seems a lot are starting to look into things deeper.
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Great find, cheers for helping me find it :)
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Nice article once again. Jerry is really good at analyzing new DeFi opportunities. Let's hope his questions and doubts are cleared by the Cakepop team.
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That he is
I already joined a couple of DeFi projects I found out about from him. No regrets so far
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I like how he gets critical with his math. I am really bad at it. 😂
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Yea it seems like there were quite a few red flags and I am glad that edicted convinced me to skip the IDO.
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14 and 9 year old earn over $30,000 a month from crypto mining. It's nice to see people learn about technology and even earn money when they are kids.
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Oh boy, if I was making that kind of money when I was 14 my life would be completely different haha
But then again, it wasn't possible to mine crypto back then lol
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Yea but if you could mine, would you? It would be pennies at that point.
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A few days ago I heard the news about a Kid making millions by minting 2D NFTs. ✌
Young people are going to benefit from this technological revolution the most.
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That's true
That's why I like to keep in touch with my very young cousins :P
They keep me up to date on what's "cool"
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Haha. They are the keepers of pop culture.
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The billionaires are getting younger and younger.
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Kids are smart; they have always been smart. These two youngsters and not only smart but ambitious as well!
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A good overview of the Cakepop Launch Aftermath by Edicted.
Did you get in?
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No I didnt get in it. I am happy that 185K CUB were burned. It is also sensational that we are now seeing the first success story written and in the books.
We have something to build from.
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Same.
And yes, Khal did say that things went on really smoothly on CubFinance's side so it is indeed a great start.
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I told you he'd FOMO in at the end. lol
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Hahaha yea, you nailed that one
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No I didn't go in. I will watch on the sidelines because I still think CubFinance site itself is the safest.
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Not me. No liquid funds to throw around. Glad I did not after reading some of the commentary about the project.
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Khal was looking for new official curators for LeoFinance and there was even an application process. Does anyone know if the new curation team was announced yet?
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The last AMA, he mentioned that he was trimming it down. He selected two and I think had narrowed down the last one to 3 people.
We will see if it is mentioned in the AMA on Friday.
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Ah nice! Might throw that question on the AMA then
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What will they be curating? Are they running leo-voter or something? Will there be new curation accounts set up for LeoFinance? What is the purpose of these curators? Content? Voting?
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I don't know all the details but they are official curators selected by Khal to upvote and engage on valuable content.
I'm not sure if there is a new account set up for them or if they will just use their own accounts, but they will get a big delegation (I think something like 50k HP).
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I remember Khal saying that one of the goals with these is to improve the distribution of rewards so I think he wants these guys to look for some "unknown" authors as well and not only vote for the big ones (provided the content is good, ofc)
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Guess with all the stuff going on it would make sense to delegate the responsibility of curation using the @leo.voter account.
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Twitter could soon enable users to tip content creators using bitcoin following the latest update to its “Tip Jar” feature. Do you think they will add more cryptos in the future?
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Not likely. How can they. I am not sure even adding the Lightning network will help.
We shall see what takes place. Adding cryptocurrency to Web2 doesnt make a lot of sense.
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I think it's great for adoption. How they are going implement this and how it will affect regulations - this story will be interesting to follow.
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A gimmick that will not work. Would add to the congestion already inherent in Bitcoin (BTC) transactions.
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Well it would be fine if they did things on the lightning network right?
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From what little I know about the Lightning Network, which is mostly from @brianoflondon's posts and videos about @podping, it is good for very small transfers.
Task knows a great deal more about how Twitter®'s foray into crypto tipping would work out. I will defer to his expertise in this realm as I do not have much knowledge about the Lightning Network and Bitcoin (BTC) in general.
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Yeah, if they use Lightning then people can reduce the fees and transaction time to transfer their BTC. Lightning had initially limited 'channel' size to a maximum of 0.1677 BTC. I am not sure if this restriction is removed or not.
Pretty sure nobody will use Twitter for making heavy transactions.
Also, the volatility of BTC is a hindrance. What if I tipped you some Satoshis and the next day they are up 20% or 30% 😂
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A very good point indeed!
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It sounds like they are copying podping lol.
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Lol. Copycats are everywhere but that's okay. Podping is unique because it utilizes state-of-the-art tech i.e. Hive blockchain. Twitter is miles behind.
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I would tip them by telling them to come to Hive once we have Project Blank up and running. Much more valuable
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Lol. Nice idea bro. I think there is a hive tipping app for Twitter as well. Forgot the name.
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Like many of the other commenters I don't think this is feasible but I would like to see them try.
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I am not sure if feasibility is a major issue. They just need to integrate a wallet and let people use it to fill with BTC and transact. I see an issue with the regulators which is why they have been hiring new legal team members as well.
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Thank you.Thanks for your update.Is through this posting, trade and comment we will use to keep here busy.We will add more strength to the work.
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That's the idea man! Let's keep the comments comng
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Thank you
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Welcome to the party bro. Just keep commenting and have fun. ✌
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You are welcome
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Hang around and learn. We will also learn from you! That is how this place works.
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Thank you
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Welcome to the group. Feel free to throw out a few interesting things you find for everyone one else to see.
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Ok
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The Metaverse is getting a lot more attention.
People are starting to catch on to the potential. Of course, we are getting to the point where the term might be overused. Nevertheless, the concept is something we have to start embracing.
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We were just discussing adopting something like that at work. I hope we can move to a decentralized environment in the future but it's a start.
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Yes.
My view of the Metaverse is that it needs all the innovation we can get. In the meantime, we need to keep building out the blockchain applications and start moving them in the proper direction.
Talking about EXODE today, @elindos is already thinking about VR for that game.
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I haven't seen the video come up yet so I am still waiting on Jon to put it up for me to see.
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Oohh that's nice to hear!
I still haven't checked it out but I'll do that today, if possible
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Yea. The move towards this already started with Zoom meetings starting up because I am sure people don't want to go back in person.
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Stoicism is something that always fascinated me. It is really a sound approach to life and business. I really always thought of it as an ideal model for investing since one of the pillars is to focus upon what you can actually change.
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Well I think it is nice for investing. Live while you can.
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My boss is really into stoicism and he tells me a lot of interesting things about it. It looks like a very fascinating philosophy and I really want to study it more deeply.
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I would read into this more but I can't be bothered....
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I am much too passionate to be a stoic. We all have our ways I guess. 😁
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Puts me in the mind of the Serenity Prayer.
G-D grant me the serenity...
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@splinterlands on a terrific roll.
Look at the growth rate that was tweeted out by them.
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Looking good that is for sure! It was just a couple of months ago my in-game assets was worth a few hundred dollars. Now, even using market prices my assets are now in excess of $8,000 USD. That is a nice return!
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Yea it definitely is amazing. I need to put up more cards for rent and also keep my prices up to date. These new players will need cards.
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Splinterlands doing 23K accounts in a single day.
All Hive accounts, requiring HP.
Sooooo good!
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While checking "info" for the ENGAGE token in my wallet at Hive Engine I saw this description for the token:
I have 34 ENGAGE. After 1 year I may have a few hundred or even the 1001 needed to use the "!" with ENGAGE. If the magic number needed to use the "!" was 100 or 200, I would hold on to it. 1001?-- I don't have that kind of time.
Now that I know this detail, I want to send the 34 ENGAGE I have to someone who is working on reaching that 1001 total.
If anyone here wants 34 ENGAGE for free, let me know. If anyone here knows of anyone who can use those 34 ENGAGE, let me know. Either way, I want those 34 ENGAGE to find a place where they can be of more use.
Now that I know about 1001 ENGAGE, I'll shift my efforts to accumulating 24.0 BEER in 0.1 increments.
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Well...I have quite a few engage tokens so if you want some, I can share some with you. I haven't really been working on that end as much.
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I wasn't even working on getting ENGAGE tokens. One day I had 0, next day I had 30. One day I had 30, next day I had 34.
I don't mind accumulating engagement tokens if I can use them. That's why I want BEER to go with the PIZZA and LUV that I have. ENGAGE can't even be staked, so that doesn't do me any good.
If you have enough ENGAGE to make it worth my while, I can take them off your hands. If your bag has just a few (like mine), that won't work for either of us.
I'm more excited about the daily "dabs" of WEED I get for holding LIST and COM, so I keep all 3.
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Have fun. I sent you enough ENGAGE tokens so you can use it because I got mine through engaging normally.
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I didn't realize you had that many ENGAGE to give away-- thank you!!
As a show of appreciation I sent you 1 LEO to match the ENGAGE you had sent my way, and you came out winning in this exchange!
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If you are a bit unsure how the SIP works on SpkNetwork, check out this drawing they put together.
It really simplifies things in visual form.
Any questions?
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I am lost as well. Well I thought it was more or less about the 3speak network so I don't know where defi fees come in.
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Couple this visual representation with this info and all of it will make a little more sense:
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Oh yeah, crystal clear now! lol
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Sooooooooooo complicated.
I don't even know where to begin with a question haha.
Gotta get their messaging a lot clearer before launch.
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Clear as mud. lol I think I'll have to see some real-world examples to get a handle on the concept.
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uhhhh yeah too many moving parts and I'm still pretty lost lol
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It's a great concept but it does take some effort to grasp it! I read their light papers a couple of time now and I still don't get all of it, but I'm getting there for sure
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I'll have to do the same at some point. Or just wait til it comes out and some Leo users will write posts about it and explain it all a few times until it sinks in....
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I am hungover and can not even finger paint this morning! I will look at it later. 😆
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You need to have 1000 ENGAGE, in order to use this service.
For those that like Cardano (ADA), there is a giveaway going on. Not sure how legit it is. We may need to ask @trumpman.
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Video is unavailable.
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He removed the video from youtube.
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The BSC Defi frenzy is starting to wear off and only projects with strong fundamentals seem to be left. I don't think I've seen so many new projects come into the crypto space as much as I have in the early parts of this year. Well, as they came, so they go... classic sh*tcoins.
Some made millions from this but a lot went to shit.
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@forexbrokr
Dane:
The subsection "Should I buy POLKADOT (DOT) in 2021" is finished, published and linked.
Let me know of any problems with it please.
I should have "Pros and Cons" done sometime tomorrow morning (my time) barring anything unforeseen.
Thanks!
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You are a real cool cat with all the content you produce for the @crytpo-guides. I am just a bit envious of your industriousness!
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LOL Sarge. Thanks!
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Thanks Kevin.
Just again, linking to that trading-education site helps a competitor and not us.
Best practice is to not quote text word for word from them, but take their research and rewrite it in your own words.
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Next time I'll make an attempt to summarize the data in some kind of chart form. I'll play around with my editing tools and see what I can come up with. Never had the need to do that before so bear with me - need to overcome the learning curve.
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Singapore fintech FOMO Pay can now provide payments services using digital currencies, including CBDCs and crypto tokens. This license has been provided for the first time ever to a payment service that deals in cryptocurrencies.
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I wonder why they named themselves FOMO Pay.
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Lol, I was wondering the same but it has nothing to do with Crypto. Because they started with traditional payment services now crypto will be added on top of their existing suite.
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Click image above for larger view
Singapore embraces cryptocurrency
Singapore licenses FOMOPAY
Singapore is smart
Be like Singapore!
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-- just don't litter. Ever
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I have never been there but I've heard they are quite technologically advanced!
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Leofinance mobile app
The most important part of this article is the comment left by Khal.
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Damn! The seamless login features will do wonders for adoption!
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I agree with you. I hope they are accumulating a ton of accounts because they are going to need them.
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just read the post. looking forward to the changes. leo is doing great already with their front end so I am expecting nothing more than the best from the team.
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That is really exciting. We are seeing a lot of changes taking place and in the works.
This is what will lead to a successful platform. Development is key.
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Indeed. He gives some clarification as to what is going on with the application(s), so that did add to the article.
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Wow that is nice. I do agree that it will be quite useful for those using their phones. I still prefer using my labtop.
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A reminder that it is Hive Power Up Day. Are you planning to participate? I am planning to get all of this done in the morning when I get up.
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Hmm might have to move some stuff around but I think I can make it
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At worst, you can always try to participate in the Hive Power Up month.
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Sadly, not this time. All of my funds are locked but I am never going to power down the Hive I get from Author Rewards & Curation Rewards. I delegate all of it to @leo.voter for daily LEO.
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I power up what I get or put it into savings as is the case with HBD.
My rewards stay in Hive. It is a great idea to bring attention to the powering up process.
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I am not. It is a great project to support. I need to keep some Hive liquid to get into other opportunities.
A lot coming up.
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unfortunately, i will not be participating. I am converting most of my tokens to hbd and locking that up in saving
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I used to be very active with HIVE Power Up Day (HUPD) and actually gave out delegations. I do not do that anymore as charity begins at home!
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US Infrastructure bill funds for each state. It has a decent breakdown of where the money will be allocated but I have a feeling the government will spend money inefficiently and a lot of it will go to waste.
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Ah you can count on that. That's what they do best
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Lol. Always. It's the only skill they have.
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It doesn't go to waste. It goes into government contractors pockets. The rich get richer and the income gap continues to expand....
Why do you think they want to regulate crypto? It's threatening their gravy trains and control mechanisms.
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That's right. The fear of losing control and the hunger for acquiring more of it, these two things keep them going.
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Looks like my State (Commonwealth) is going to get a nice chunk. Guess the Soprano-types will be happy, if you get what I mean.
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Social Security expected to run out of money sooner than expected.
Well we all knew the funds would run out eventually. I was wondering how the pandemic and lockdowns would affect this.
If it never happened, I wonder how bad the corrected numbers would be.
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We have a similar problem in here and I suspect it's even worse....
I'm working my ass off so I don't have to rely on that money in the future because I don't really know if it's gonna be there
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Coincidence?
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No I don't think it is a coincidence. It was going to run out of money eventually and with how everything was being labeled a covid death, money was definitely being pushed out to people.
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Much ado about nothing.
Social Security is the easiest of the programs to fix. All they have to do is remove the income cap and let people pay on it for all their income (like the lower and middle class do).
Medicare, now that is major issue at least until technology completely revamps the healthcare system.
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If the Administrations had not stolen from Peter (Social Security) to pay Paul (wars), this would not even being a talking point! President Johnson started doing it during the Vietnam War.
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One way to deal with all the environmentalists on Bitcoin's high energy consumption. Kind of ingenious actually....
https://finance.yahoo.com/news/carbon-negative-bitcoin-etf-launch-112722279.html
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That's a cool idea but trees take a lot of time to grow and support the environment. The speed at which we are killing it is too much. It would require more than a thousand trees to save it.
Anyway, bitcoin is not as bad as environmentalists think it is. Its impact on the environment must be equivalent to a small country.
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Well...I guess its a possible solution but I don't really see any reason to invest in it. Energy sources are moving to green energy over time and I have a feeling it will be there soon enough.
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Also, PoW mining has a grim future. Only a few wealthy folks will be able to afford it. We have better Proof of Stake blockhains which are faster and cheaper to mine.
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That's interesting. I don't really get ETFs and what is all the fuzz about them but people seem to be interested in that kind of stuff
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This sounds like a good plan with a great many trees being cut down for farm land. That and all the concrete that will probably have my part of the country in a flood state! It has been raining non-stop all day and my mobile phone is blowing up with alerts.
We need trees to suck up all this rain! Hope they plant some of the trees here!
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The @cakepop team put out a post detailing the Cakepop IDO and the next phases.
For those who are interesting in what is happening with the project. I presume those who put some money in are going to watching things rather closely. It appears a lot of their followers are overseas from the United States.
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It really is just a straight up hype train. Like I said in yesterday's LMT, I'm just hoping I can get a few CAKE out of the deal to recoup my investment. Price performance on CAKEPOP itself is going to be iffy at best IMO. Hopefully I'll be pleasantly surprised but....there's a reason I only put in the minimum.
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Yeah a few articles appearing questioning the viability of the project.
Like this one;
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It looks like some people are not happy about the minimum for dividends.
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I didn't put money for the IDO but it is still interesting to learn about the project. Who knows... it could accomplish something in the future
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Most of them seem to be Cub Finance community members which is quite obvious. They need more hype from the outside.
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I passed on this one. Not enough funds to spread around to everything.
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Here is one for @tfranzini. This is right up his alley.
Combination space cadet and science.
Maybe this is the solution to our energy situation. A black hole would power a lot of servers.
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There's a joke in there somewhere....too tired to come up with it right now. :-)
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Well I don't think anything we can create right now can avoid not being sucked in. At least I wouldn't feel safe knowing we could lose our power source at any point in time.
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Oooh yea that's right up my alley indeed!
I remember reading about theories like this one in Asimov's books. It's very exciting to know that the scientific community is discussing it.
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Here is a cool video you might like about Dyson Spheres; if you have not seen it already.
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I had not seen this one yet but I absolutely love Kurzgesagt!
One of the few channels on YouTube that it's actually worth following
Thanks for the heads up, Sarge!
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To reach the goal of 10K comments for the month, we are going to need plenty of top end comments.
This is what can get the conversations started. It is vital to post things for others to follow.
Keep in mind the impact if each of us posts 2 or 3 top end comments that gets 2 or 3 comments apiece at a minimum.
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I was actually going to suggest giving points to people for engagement under top-line comments. For example, if I post a top-line comment and there are 15 comments made underneath it, then I would get 15 "points". Or you could just give points for unique commentators under the top-line... I think it would make the overall contest more interesting but it would probably be pretty time-consuming to score.....which is why I didn't suggest it.
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It would definitely make things interesting. In fact, I think asking questions would probably be one of the best ways to make comments where people can respond.
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I think it would be possible to sort that out with code but I'm not a very good programmer so I could be wrong :P
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Very interesting idea. Will keep that in mind for future ones. Perhaps I can get with @amr008 and he can work something up to "read" that so we can get the accounting.
Lots of different ways to go. Perhaps we need a thread on contest ideas.
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This is an ingenious idea. Point system sounds very good. Sort of like the point system that @abh12345 has set up for his Leo Engagement reports.
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I'll try to make my contribution everyday. I'll double check my news feed after I go through the thread.
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Interesting piece on regulation of cryptocurrencies. Share your thoughts if you'd like
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Well I doubt anyone is surprised by the government, wealthy and powerful are pushing for regulations. It's a rigged game since they want it to benefit themselves.
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Task, I have a question: do comments have to be made from leofinance.io to be considered for the contest?
I don't think it matters too much because I think most people here always use leofinance.io but I just want to make sure I get all details right because I'll advertise the contest on other communities
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No they count in the @leomarkettalk room. Anything that is posted in here registers.
Double check to make sure that is the case @amr008.
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Yes you are right . For the contest , it doesn't matter which front-end they are using to post .
If you want to change anything , let me know I will fix the script accordingly.
No need. I think we can let anyone enter in this room using whatever front end they like.
It is the fairest way.
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Awesome. I'll spread the word
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Cool, thanks for the info brother!
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Here is another edition of our daily @leomarkettalk.
This is the start of September, hence the kickoff off our new month and contest.
Remember there are 10,000 comments required for any payout. Failure for that, we are going to roll it over to the next month.
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I suggest including a link to the contest.
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Great idea! The rules are pretty straightforward but I think it is a nice thing to do
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https://leofinance.io/@taskmaster4450le/leomarkettalk-comment-giveaway-september-2021
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Let's go warriors! Let's make it happen
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10k comments on LMT?
Okay, bring it on! 😬
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Yes it is possible.
We reached it before summer hit.
It can be done again.
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Only a 30 day month so....333 per day plus one day at 334. I think the 333 is possible but we're all going to need to sharpen our games to hit that 334 number. :-)
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Yea, that last one is always the trickiest one :P
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https://leofinance.io/@taskmaster4450le/leomarkettalk-comment-giveaway-september-2021
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And just to clarify, since I asked these questions after you posted this the first time:
It is only number of comments on LMT, and...
It is not being scored like the engagement lists that come out every week. It is strictly number of comments.
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That's what I understand but I could be wrong
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Well I hope to be able to make my own contribution to that number. I am aiming for at least 500 comments myself and more if possible.
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23 hours in and this is a longggggggg thread.
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REMINDER!!!
Get theeself some of them #CANDIES.
The jars are a bit low, fill them up.
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Thanks. I collected 60 candies and 20 diamonds today.
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60 for me today
Tomorrow is the big day. Getting close to the 5k mark
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Candies, Diamonds & Hearts Forver. ❤️
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5K for me tomorrow!
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4,500. 100 tomorrow. I was bad and missed a couple (four or five) days here and there.
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Last night I reached 3,000.
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The Cubfinance IDO was completed with a full sell out.
This was a great way to kick off the new feature. Now we await the next one to be announced.
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Awesome. Everything went smoothly and that's a great thing. Lots of CUBs were burnt.
$10 CUB by 3rd IDO?? 😬
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The next two are a lot bigger than this one. I am wondering what the likelihood of those being sold completely. There has to be a large following of those projects to get it done.
It is unlikely that millions can come from the Cubfinance community. Possible but I am not sure it is likely.
We need a couple more years of asset growth before we are each to that point.
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What really needs to happen is that outside money needs to come in and buy the CUB that gets burned. My Cub/BUSD contribution to this first IDO came from not harvesting my dividends for a few days. So, the CUB I contributed was "dead" Cub anyway. It was never going to hit the market. I'm sure the majority of the 200k Cub contributed to this IDO was also diamond paw Cub tokens. So while it is awesome it all got burned, it actually hurt the price rather than helped it as I, and others like me, had to sell some of the CUB to raise the BUSD portion of the pool.
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Obviously taking large chunks out of circulation can only enhance buying pressure if the supply dries up, but at the same time, we certainly don't want to take 3M CUB out of circulation and get to a point where there's no liquidity to buy anything either. The idea is to increase distribution, not cut it down to where only a few hold most of the supply.
Still some logistics to be worked out on how this all works. I'm not sure if it's been talked about (or if it's even possible), but maybe a better way to do one of these IDOs would be to raise the money in strictly BUSD and then the CUB team can take their half and buy the CUB off the open market. That would at least enable the price to be stabilized at a certain level. The problem with that solution though is that there would have to be some trust involved in handling all that money. It would probably be pretty tempting to use some of that cash in other places.
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So, who knows? All of this is very theoretical right now and I'm sure the team is learning a lot as we go. Hopefully they can find the right way to go about this where we are burning lots of Cub but also helping support higher prices. Like I said, if the majority of the CUB coming into these IDOs is coming from HODLers accounts, then the burn isn't really accomplishing anything other than probably moving the APY's back up in the Kingdom Den and the other CUB pools. As it is, the only CUB really being burned this time around is CUB that was never going to hit the market at these low prices anyway....
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That makes sense. It will require outside monies coming in, we agree on that.
It is good that we were able to offset a few weeks of Cub production with this one IDO.
If we can get one done a month, for the next year, that will help to counter the inflation on Cub.
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Yea, Khal said that it was real smooth on CubFinance's end so that's really good news.
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Excellent way to kick things off. I still didnt catch up on the aftermath of the events but I think it's a good thing anyway
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I didnt follow what the project team that raised the funds is doing. What I do know is that CUB was burned today.
That is of benefit to every single CUB holder.
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Yea it does. Did you see edicted's post about the aftermath? It looks like there were a few things hitting the prices that people did not consider.
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I'll be honest I had some doubts but happy the first IDO was filled.
I was a bit confused on how it all worked but seeing the first one in action made a lot more clear.
For example I thought the CUB was bought and burned not that people injected the CUB into it. This didn't end up making the price jump because the value was already locked in during those 24 hours. Note to self next time. Announcement of IDO is most likely where we will see price action and not shortly after it's complete.
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True, I agree with you on that
And if I'm not mistaken, this was just one of the IDO models that are planned. I don't think they're all going to work exactly the same. I remember Khal saying that on some AMA.
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Now that I've said it, I think it makes sense to ask him about it on the next AMA now that I know a bit better how this model works
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Yea I wasn't thinking of that either but it does make sense that the CUB was already bought beforehand.
Posted Using LeoFinance Beta
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Keeping Moore's Law alive. Perhaps the death of it is premature.
This is a powerful push forward. Intel will get the first one in a couple years.
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The supply chain issues might put a crimp in the actual timing but I don't see why this law would not continue to hold true for quite some time yet.
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It was questioned because it was getting too compact which was causing noise issues since everything was so close. Plus the cost for each interval was going up exponentially along with the time.
It seems that this machine might solve it.
The US is also not allowing it to be sold to the Chinese.
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It definitely is a powerful push forward but I don't think it will be cutting edge technology as it's developing really fast. It will probably be replaced in a few years.
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Actually it is a long hard process to come up with. They have a huge lead and one that isnt easily duplicated.
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Wow that's quite a machine.
Huge breakthrough as I believe the demand for chips is not going down anytime soon
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No chips demand is only increasing as we are putting them in everything. We also require faster and most powerful ones.
There is no way that we can go back.
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Are we seeing a big shift in Hive?
https://leofinance.io/@cryptoandcoffee/hive-the-perfect-storm
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I don't think I would call it a shift per se. I just think Hive is a blockchain who has paid it's dues and it's time has come. Quality eventually rises and Hive is quite possibly the single highest quality blockchain in existence. Just a fact.
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Hive is what Vitalik and Hoskinson are trying to build.
Just let Blocktrades spin up the smart contract platform he mentioned and we will be good to go.
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Yes the huge amount of HIVE being moved off the exchanges shows that there is a need for HIVE. If we can get a few more applications like Splinterlands, this demand will only increase.
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I agree. It will be huge. That will lead us to the point where we see a great deal of need for Resource Credits.
That will force people into getting HP, especially the applications.
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