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
A great piece by @brianoflondon.
It is a very interesting topic. I remember that onecoin. Like Bitconnect, had people swearing it wasnt a scam.
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Well people look at things in the short term. If they see money, they just keep jumping in head first to chase returns.
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The rug pulls are a prime example of that. We see that each time that happens.
Greed eating up the entire industry.
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Very nice piece indeed. I didn't know about onecoin so I just learned something new.
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He does bring up an interesting point about trust. I certainly wouldn't know the difference without doing my own research; which I learned early on is something you should ALWAYS do. Everyone is a salesman when it comes to shitcoins....
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JP Morgan strategist calls for 55% drop in ETH. It looks like they are starting to look into the different ETH killers or alternatives now. I personally don't think ETH will drop that much.
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We are constantly hearing about Ethereum (ETH) killers. I am with Taskmaster4450 on his analysis. There is a lot of institutional investment and those retail investors that make large transactions that will pay the fees.
For me? Shoot I got out of ETH and do not mess with it at all. Too expensive and bloated. HIVE and the products built on it serve my needs as far as crypto for the most part.
Posted Using LeoFinance Beta
Yea, I agree. I've heard of a lot of "ETH killers" in the past and I have yet to see one of them do the deed.
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Despite these ETH killers, ETH is still maintaining its price so I guess none of them are true killers.
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It's too expensive for me but I have been thinking of entering the ETH/BNB Farm on CubFinance after I have built out my farms. But that might take quite a while before my position is big enough.
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ETH will only go up if the bull is running. The idea of the Ethereum killers is absurd. There is plenty of room for growth. Ethereum is going to keep attracting big money which will sustain it in terms of market price.
While the others might succeed, nothing is going to take Ethereum down anytime soon.
As a blockchain, Ethereum might not be a huge winner but as an investment in the token, probably very safe.
Posted Using LeoFinance Beta
Yea the big guys won't care about some small fees on transactions. They are playing with money an order of magnitude bigger than what we are playing with.
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No they wont. To them, $50 or $100 is nothing. When moving millions of dollars (even into billions), it means little.
The rest of the human race is not in that category so we need to move somewhere else.
Fast and Fee-less sounds good to me.
Posted Using LeoFinance Beta
Bitcoin goes and and down, and people don't freak out about Bitcoin. Ethereum is like that, too.
Ethereum is also at the point where Bitcoin's moves don't affect Ethereum in the same way. This is what we want for cryptos in general.
Posted Using LeoFinance Beta
I disagree with that. When Bitcoin drops, you'll see ETH hold it's value for another month or so but then it will drop even further than Bitcoin. It's happened on both of the last two Bitcoin peaks. Pretty sure it will happen again.
Posted Using LeoFinance Beta
Outside of Hive what is your favorite blockchain and why?
Please tell us from both the token and development/utility perspective.
Posted Using LeoFinance Beta
I would probably have to say mines would be WAX since they have CPU which acts similar to RCs in HIVE. This makes it a viable choice for gaming but I don't like the fact that they charge you for space. So if you want to have more NFTs, you have no choice but to buy some RAM.
Posted Using LeoFinance Beta
Terra (LUNA)
Terra (LUNA) is worth looking into if you haven't yet.
We all know how important stablecoins are going to be when it comes to both crypto on/off ramps and general stability during bear markets.
Even more important will be algorithmic stablecoins that the US government can't touch.
Do some research into Terra's suite of stablecoins such as UST and how they use the LUNA token to maintain their peg.
You won't be disappointed.
Posted Using LeoFinance Beta
That was one of the most interesting projects we covered in the guides. I still didn't get in it but I'm most likely going to do that soon
Posted Using LeoFinance Beta
Terra (LUNA) could be a viable alternative to Visa and MasterCard. It's big in Asia where there are 45+ mobile payment systems, and Terra could one day replace them.
(While it can replace the credit card functionality of American Experess, it cannot replace the other features present in an American Express Card membership.)
Posted Using LeoFinance Beta
Speaking of Terra (LUNA), here's another look at UST that popped up on LeoFinance overnight.
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Terra ($LUNA) Hands Down! 🙏
It is a stable of stablecoins! A protocol to create and run algorithmic stablecoins. For example, UST (Terra USD) is built on Terra Blockchain and pegged to $1. Everytime a new UST is minted, $1 worth of $LUNA (Terra's native coin) gets burned. Helping DeFi apps and protocols achieve their full potential without restrictions.
Talking about Utility. This is what they have achieved so far:
2M Active payment users. $1B Transaction volume per annum. It is being used as real money and getting popular in Asian markets!
I wonder why don't have payment apps on Hive yet. Maybe HBD is not that stable and it's not viable for big businesses to use it.
Posted Using LeoFinance Beta
Also, UST is decentralized unlike USDT, USDC, BUSD, and even DAI.
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Hmm...seems like something I should look into. But hive already has a stable coin--or should I say a semi stable coin --COIN 👀
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Yeah. HBD doesn't hold the peg too often and that's a problem we need to resolve asap. It could have a bright future.
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The peg for HBD was supposed to be improved with Hard Fork 25, and for a while it looked that way.
Given the events since then (with HBD going as high as USD 1.20 or higher), a post-mortem of HBD's performance needs to be made to determine what happened beyond the scope of the algorithms so that the algorithms can take those factors into account going forward.
Algorithms are only as good as the people who create them, and creating algorithms isn't an exact science. It's an experience we can all learn from. Over time, the peg used by HBD will function better and better.
Posted Using LeoFinance Beta
I have learn a lot of people like it so far but I haven't bothered to use it yet. Maybe when you can spend money directly in the US I will.
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Yeah. Till then buy LUNA if you can. It's going to be a great investment.
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You have peaked my interest. I am looking for a good stable-coin to store my initial investments when a project does well until HBD gets straightened out.
For sharing this great information, I will give you some !PIZZA. I do not have any !BEER so you will have to get that from elsewhere. 😉
Posted Using LeoFinance Beta
Speaking of PIZZA, this is a Layer 2 token which is heavy hitter behind the scenes. It has people behind it who are serious investors, and they are involved in blockchain gaming (especially for Rising Star). It actually performs as well or better than LEO.
I've been able to distribute PIZZA tokens with the "!" for some time, but now I'm staking extra slices of PIZZA which come my way.
As for BEER, I need help there.
Posted Using LeoFinance Beta
What do you mean by until HBD gets straightened out?
Just curious.
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For a while since HF25 HBD was maintaining its peg to USD, fluctuating betweem 0.95 and 1.05 as designed. Recent events caused HBD to go as high as 1.20 or even higher than that. That's great for a regular coin or token, but that's alarming for a stablecoin.
Posted Using LeoFinance Beta
See @magnacarta's comment. He explained it better than me. @smooth and folks are doing their best but them folks that trade on those Korean exchanges keep mucking up the works!
I think the destablization of the HIVE Backed Dollar (HBD) is a conspiracy with the STEEM blockchain in collusion! It is making the dogs gay damn it and I don't like it!
Call out the National Guard, La Guardia Nacional, the Legion Estranger, MI-5, Interpol, the Girl Scouts, and all the folks. This shit (HBD pump and dump) is worse than PIZZAGATE and should be termed STEEMYGATE!🤣
#conspiracy #schubes #rant #satire #lamehumor
Posted Using LeoFinance Beta
When the algorithm for HBD maintaining its peg was written, I don't they had this scenario in mind. It's not easy to address this via code.
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Oh, and have some !PIZZA too. I have not given away all of my quotas today!
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@taskmaster4450le! I sent you a slice of $PIZZA on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (1/10)
@finguru! I sent you a slice of $PIZZA on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (1/10)
Wax
The semi Feeless system, amount of games and NFTs and marketplaces are what keep me attracted to that platform. I love it for gaming and honestly wish HIVE had that same ecosystem of marketplaces and games. I'd totally be up for investing for some dev work in that area. Imagine games like Crypto brew master, Dcity, Splinterlands etc having a quality market place like AtomicHub to organize and buy, trade and even rent cards. That would be epic
Yea the marketplace in HIVE is really lacking but I don't like the fact that we have to pay for storage fees in WAX (RAM).
Posted Using LeoFinance Beta
Well in a way you kind of do here on Hive you need resource credits staked hive to do things on the network. We just don't promote it very well.
Hive's system means it doesn't have to be promoted though.
Normies don't need to understand anything more than 'you need HP to transact'.
But yeah, I totally agree about how cool the WAX marketplace is.
They have the better front-ends for now.
Posted Using LeoFinance Beta
I really wish I could find some devs and get started on a marketplace would be EPIC
Well I think CPU is more or less related to Resource credits and HP. RAM is different since you will naturally have to keep buying in over time to hold more NFTs.
Posted Using LeoFinance Beta
There is @nftshroom and @tribaldex that are HIVE affiliated. They have NFTs.
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I like Blockchains that allow interoperability. Say like Polkadot, Avalanche etc.
The reason being outside the regulation and control of CEFIs these blockchain are solving industry problems. With or without regulation or even with or without decentralization, connectors type blockchains are always useful.
It's like people from different countires who don't understand each other using their native languages, but they both understand a 3rd language (Enlish, Chinese, Arabic, Spanish, Esperanto, etc.). By using the 3rd language, both get to understand each other and work together to achieve common goals.
Blockchains are the same way. Precious metals act in the same way for fiat currencies.
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Thorchain (RUNE)
I don't really have a lot of technical reasons to back up my answer. I just think it's a good project and also it has a special place in my heart because it was my first 10x in crypto.
I think it's still going places so I keep adding here and there
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The biggest takeaway for me regarding THORChain (RUNE) was the ability to make direct swaps of tokens without the need to wrap them. Imagine doing away with wBTC, wETH, bBSC, even wLEO. The liquidity pools on THORChain would eliminate the need to token wrapping.
Posted Using LeoFinance Beta
This.
Being able to swap tokens without having to wrap them into something else is a huge plus for THORChain.
"Native" cross-blockchain swaps.
Huge.
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That's the phrase I was looking to use in my previous comment!
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That's a good point. I haven't explored this as much as I should but it's indeed a great selling point for Thorchain
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I'd also add Chainlink because I like their hybrid smart contract thing and Monero for their privacy focus
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I own LINK simply because it makes sense to me that a massively vital piece of infrastructure should be worth something down the road. I don't know how much or when it will get there but...I can't see it ever going away. In theory, it should just keep getting more important and wider usage. If network effect is a core tenet of what makes cryptos valuable, then I think this one should be worth a lot some day. Just my opinion...
Posted Using LeoFinance Beta
Yes, I share that opinion. And similar thinking can be applied to Monero. I think with time people will realize how privacy is important and Monero can be the benchmark for that kind of thing
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I'm just following Khal's lead on this one. There's no doubt in my mind he understands the tech way better than I do, so if he likes it, that's good enough for me. :-)
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Hahaha yea I think ThorChain has some good things going on but having someone as Khal "vouching" for it is always a good sign
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I'd rather go with him than with ELon Musk to be honest :P
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I actually do not have any favourite crypto project asides hive but I have dabbled with Binance smart chain and Bitcoin Cash (just recently). But still yet to find something as wholesome as hive
Posted Using LeoFinance Beta
Yea, it's certainly difficult to find something such as Hive.
The only reason I got into BSC was CubFinance
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Clicking the image above will take you to www.polygon.technology
Polygon (formerly MATIC), the Ethereum (ETH) side-chain created to address the scaling issues and steep fees inherent with ETH, is my favorite blockchain outside of the HIVE blockchain hands down.
If you missed it, @crypto-guides has a great detailed analysis of Polygon created by our folks here on @leomarkettalk and edited by @forexbrokr.
The native coin is very undervalued as stated by Kevin Gause in his Seeking Alpha article published just three days ago. I personally have some $MATIC in my small crypto portfolio. Rumor has it that Cub Finance will be partnering with Polygon in the near future.
Posted Using LeoFinance Beta
Yea, the next IDO is supposed to be Polygon so we'll see how that goes!
I never got into Polygon myself but it can be a good opportunity to do so
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Have some !PIZZA as you are the only person that said something nice. That is okay. I give !PIZZA to folks anyway!
Posted Using LeoFinance Beta
@tfranzini! I sent you a slice of $PIZZA on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (4/10)
I'm still a little wary about Polygon because the project's whole use case is based around using Ethereum easier.
So what happens when (okay, if...) Etheruem FINALLY sorts their shit out and becomes usable for the layman?
What happens to Polygon then?
Posted Using LeoFinance Beta
Well that and the fact that people can't seem to get their smart contracts right and there have been multiple rug-pulls there.
I'm with you. I've got a little set aside for the IDO but I doubt I'll put a lot in.
Posted Using LeoFinance Beta
Have some !PIZZA Now I have fear, uncertainty, and doubt (FUD). That is okay. I was a victim of a certain community hype. The community will remain unnamed as I am a member! 😉
Posted Using LeoFinance Beta
Can I send !PIZZA back to you...?
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Apparently not. lol I DO own it though. But it's all staked. Do you have to have a certain amount and does it have to be liquid?
Posted Using LeoFinance Beta
@leopuma! I sent you a slice of $PIZZA on behalf of @dagger212.
Learn more about $PIZZA Token at hive.pizza (1/10)
Depends on whether you have some !PIZZA staked.
Posted Using LeoFinance Beta
If you like. I won't mind.
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lol Isn't it crazy how quickly sentiment can change in this crazy world of crypto?!? :-) A little bit of FUD takes the edge off the GEC (greed, enthusiasm, confidence) and now you're back to a coin-flip. Haha! Unbelievable.
Seriously though, Polygon is a member of the "not your keys, not your crypto" group. There are a few too many attack vectors there for me.
I'm not saying it's bad or anything bad is going to happen. I'm just saying there have been exploits. I'll stick with CUB and the people I know and I'll trust their tech with the IDO and we'll see what happens. There's no question it's a popular chain so the exposure should certainly be good for CUB.
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I know what you mean. A very influential person, who will remain nameless, has come back to HIVE after leaving in a huff over author rewards a few forks back. Now has a community with an overpriced coin that was airdropped to friends I guess.
Came for the crypto, stayed for the community, my arse.
At least some of us are honest about wanting to get a little wealth. This is not the first time I have seen this happen in the time I have been with STEEM and HIVE.
Grass was not so green at the other places. Nor is the new coin/token so shiny.
I am guilty too of hypocrisy so am making no judgments, just an observation.
I am focused on @leofinance and @splinterlands for the most part. Have been with both early on, with Steem Monsters/Splinterlands from the beginning. A critic at times, but still know which side of the bread my butter is on! 😎
Posted Using LeoFinance Beta
@dagger212! I sent you a slice of $PIZZA on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (3/10)
They will adapt and overcome I hope! Have some !PIZZA.
Posted Using LeoFinance Beta
@forexbrokr! I sent you a slice of $PIZZA on behalf of @leopuma.
Learn more about $PIZZA Token at hive.pizza (2/10)
I'm very much looking forward to the Pulsechain when it launches. Fees will be pennies and you will be able to stake it and earn interest. It will also have "the world's largest airdrop" by forking the Ethereum chain at the same time upgrading it to deal with scaling and fees, as well as alleviating the environmental issues associated with ProofofWork.
It's definitely going to be very speculative to start with, but once it gets it's feet underneath it, I think it could be a monster winner.
The community is extremely active and it's on its way to going viral with HEX continuing to lead the way trading up over 51 cents last night and marching higher. It's a helluva chart if you haven't looked at it.
Posted Using LeoFinance Beta
I keep forgetting to check it out but it's definitely making a lot of noise! I hear about it a lot in various crypto circles that I'm a part of
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Those who got into Hex early are happy campers. It is killing it.
We will see how things work out. Richard Heart is a lot of things but he is also smart.
He might well be onto something.
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That's the crazy thing, it still is early. Once you understand how it all works it just makes a ton of sense.
Like any crypto, HEX is not going to go straight up forever. As he points out, it has crashed/corrected over 60-70% at least a half dozen times so far. And I'm sure it will again. And again. But like Bitcoin, it continues to come back and make new highs.
Once the Pulsechain comes out, I wouldn't be surprised to see a very big sell-off of HEX. The "new" HEX on the Pulsechain will have much, much lower fees and chances are it will take most of the new money coming into it if for no other reason than the transaction fees will literally be pennies as compared to the HUNDREDS of DOLLARS on the ETH chain. It's hard for people to invest $200, $300, even $1000 on ETH right now when the transaction itself could eat up 20% or more of what you're putting in.
Time will tell, as always. I'll just keep building my HIVE/LEO/CUB bags and HODLing my Bitcoin and see where that takes me. I'm liking the direction so far....
Posted Using LeoFinance Beta
The more I read bout Pulsechain, the more it intrigues me.
It's gotta be our next Crypto Guide.
Can you just give us a simple explainer as to where HEX fits into Pulsechain?
I just don't really understand the link.
Posted Using LeoFinance Beta
There really isn't one. The only link is that the developer/creator of HEX (Richard Heart) is the guy behind building Pulsechain.
Once Pulsechain launches, there will be two HEX's. One on the ETH chain (the current one), and a duplicate on the Pulsechain. Everything you have on the ETH chain will be duplicated on the Pulsechain. And then there will be a crazy few hours? days? weeks? of price discovery on the new chain.
I mean, they're going to fork the entire ETH chain, fully loaded. You see these cryptos that fork ETH but they do it empty so their token is the only thing on it, and then they build it out from there. RH's plan is to bring Pulsechain out fully loaded with a Uniswap fork set up with currency pairs and a bridge from the ETH chain to the Pulsechain.
It really is flippin' crazy. No one knows how its going to pan out, or even IF it's going to pan out for that matter. BUT, the chain will be cheaper, faster, more efficient, less environmentally detrimental, and easier to use than ETH with all the same functionality and then some. They are basically making Pulse into what ETH is trying to get to. And they've already got a ton of devs working on building projects on Pulse. ETH is just too damned expensive. Not only is it killing small investors, it's killing development as well.
So, like I said, it's a massive undertaking with lots of moving parts and no real roadmap because it's never been done.
The one thing that should be a constant though is HEX. If nothing else works, the HEX on Pulsechain should continue to hum along as the one on the ETH chain is doing. The only difference will be that transactions will be very, very cheap. We'll see....
Posted Using LeoFinance Beta
To reply to this comment, do we actually need to own the crypto we're commenting about, or is it OK to be an admirer from a distance?
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I guess anything works! ✌️ I admire Cosmos (ATOM) but I don't own any of it.
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In that case, I would go with cryptocurrencies and blockchains which build on Ethereum and shore up its weaknesses. Polygon, THORChain, Cardano, Solana, and Polkadot fit that description for me.
Out of those, I would choose the one with the best mooning potential. Although I know a bit about them from contributions I made for @crypto-guides, what I don't know are their market prices.
As a pure speculation for mooning potential, I'm still looking. Perhaps something in blockchain gaming, NFT creation or selling, real estate, sports gambling, or prediction markets would be where I would spend money; those look like promising use cases.
In between I have a small amount of money in Dogecoin. I missed it when it was less than USD 0.01, but I got into a few weeks ago when it was bumming around half its ATH from May 2021. For me it's a HODL until it reaches some price where it's a no-brainer for me to sell; that could be in 2 or 3 years, maybe 5 years. As a payment system its gaining wide acceptance, and I should be able to find people who actually transact in it p2p.
Posted Using LeoFinance Beta
Those are all good projects indeed. Especially Thorchain, which is one of my favorites.
I keep hearing mixed things about Solana so I'm not sure about that one anymore.
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LeoFinance is working on doing something with THORChain, so that's why I'm interested in it. Solana is good too, but it's been getting in trouble lately. If I had to buy one over the other, I buy THORChain.
Posted Using LeoFinance Beta
Leofinance is looking to integrate with whatever it can. This is only going to provide more exposure for the entire ecosystem.
It is good to see. Many are excited for the Polygon add.
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I really like it too. I bought some early and sold it over the winter and then bought it back this spring. It seems like it wants to potentially make a push at de-coupling from the Bitcoin/Ethereum sphere of influence. It's been doing well lately...
Posted Using LeoFinance Beta
I sold my last ATOM a few weeks ago and I think I did it too early!
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It can be anything but I think it would probably be best to pick from something you may of used. I find it easier to comment about its utility when you do
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I may not buy any of the ones I mentioned even though I find them interesting. For now I'll stick with my basic portfolio.
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I don't think anyone even mentioned the king, Bitcoin. It is definitely one of my favorite for the simple fact that it is pretty easy and straightforward to use. There aren't a lot of options so point and click works pretty well. While the fees aren't great, they're certainly not in Ethereums ballpark, and you really don't need to transact on the chain very much since it's mostly just buy and HODL. Works pretty well for that for me.
Posted Using LeoFinance Beta
Question.
Which interface on HIVE allows us to buy LEO directly from HBD and HIVE?
I know current process is through leodex or hive engine to do this.
Is there any front end wallet that allows this? I know ecency and leofinance does not have this option.
Not that I know of. I always use LeoDex or HE for that purpose
Posted Using LeoFinance Beta
No you need an exchange to do that which is hive-Engine. There is no other way, at the moment, to do it.
Hopefully we will see liquidity pools in the future.
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I don't think it's possible right now but maybe someone will make an application that allows you to do so from your normal wallet and not your hive-engine wallet.
Posted Using LeoFinance Beta
Buying LEO using SWAP.HIVE on Leo DEX is really the same thing though.
Are you just trying to avoid the 0.25% deposit fee?
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Smashing crypto adoption barrier? Solana aims to do its own ‘thing’
https://cointelegraph.com/news/smashing-crypto-adoption-barrier-solana-aims-to-do-its-own-thing
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I'm hearing so many mixed opinions on Solana that I'm really not sure where it's going anymore....
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hive > soalana
i just think they have a better marketing team because all I see on this post isn't anything new. I would like to know how many transactions are carried out on hive per second and compare that with that of Solana
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Those projects that are based upon marketing teams will end up failing because they do not have the development to sustain it.
Hive has a lot going for it since there is a lot of development taking place.
Posted Using LeoFinance Beta
Yes, at some point the development will start to speak for itself and people will discover HIVE organically. LEO brought a chunk of people. Splinterlands has brought a chunk of people. 3Spk will bring a chunk. ProjectBlank, PodPing, etc. They all continue to add depth and width to the reach of HIVE and it will payoff in a big way down the road.
Posted Using LeoFinance Beta
Well have they solved the issues with their own network being restarted? It's still centralized so I think its a minus in that point of view.
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I saw a post with a Splinterlands tip. It was something I knew about for a while but I thought everyone knew about it. I think it has the most benefits right before a season end because you will win more matches in the lower leagues compared to the league above.
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Yes, this is good and will add up over time. I'm still hoping to win a gold foil legendary card in a loot chest, and it might just happen this way. Any of you guys ever won one?
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I have not...but I have seen a few people mentioned that they got a few. I think someone I know who has been playing for 3 years only got 2 gold foil legendaries during that time.
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I actually managed to get one a couple weeks ago. Of course it was a card I never use but...it was a summoner so it was actually worth a couple hundred bucks. I still own it. I just can't get myself to sell anything... :-)
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Hah, that's very nice! It makes a lot of sense but I didn't know it was actually possible. I'll start doing that whenever possible
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Lower leagues? Is that like Gold, silver, bronze, etc? Or does "lower leagues" refer to something different?
Posted Using LeoFinance Beta
Well it's like saying you have enough points for gold but you fight in Silver since the DEC difference isn't that big and the win rate is higher. This makes getting your quest done easier.
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Ah, OK. It's like staying in a four-year college or university for Year 5.
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Realistically, most people can get their ratings higher than they can get their collection power. For example, last season I think I got my rating up to like 2200 but my collection power is only high enough to qualify for Silver II. But, if you're having difficulty winning at those levels, you can stay in Bronze, finish your quest, and then before you claim your rewards level up to the next level and THEN click claim. You'll get an extra chest or two. That's what he's saying....
Posted Using LeoFinance Beta
Damn! that sounds complicated. I know it makes sense as you play the game, but still. Even so, it's a way to get more out of the game even when circumstances don't favor you.
And I thought NFL tie-breaker procedures for playoff qualification were difficult.
Posted Using LeoFinance Beta
Just saw something on Twitch.tv by a Splinterlands streamer. A new game coming out called Monsters Clan. Supposed to be NFTs and 3D. Should be interesting for the gaming folks that hang in here. Release is in December of the actual game. I am going to do some research.
Clicking the image above will take you to www.monstersclan.com Not an affiliate link, does that really matter?)🤣
Posted Using LeoFinance Beta
It looks interesting indeed!
I'll be looking for your opinions on it in the future, Sarge!
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That's all I need. Another time sink I can sink a few hundred dollars and hours into. One of these games is bad enough...lol
That said, I'm sure there will be a lot of copycat games coming out in the months ahead due to the wild success #Splinterlands has shown.
They did all the hard work though, so I hope they continue to lead the pack as the "first-mover". Gotta keep innovating and developing though. They DO have a few more cool things coming down the pike though so I think they should continue to lead the way for the foreseeable future anyway.
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What block chain will it be on?
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Looks to be on BSC?
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It is happening. We are going to see a lot of this.
All of this is leading towards the Metaverse. It is only a matter of time before these technologies are incorporated. Gaming is the first phase where it will be implemented.
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Just wait until it truly becomes the Metaverse and these games start allowing cards to be used on multiple platforms. It's probably nowhere near ready yet, but it's coming....
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This is why we can't have nice things... Yet another reason to never allow a stranger to borrow your phone. I see this happening all the time, and here's why politely saying "no" may save you a lot of trouble in the end.
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Yea I wouldn't want to give someone else my phone and its one of the downsides if we have digital licenses on our phone too.
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This is the first time Im hearing about this but I'm not surprised. Most people are unaware of how much risk they are exposed to only by having a smartphone.
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Yea even your labtop or computer could be exposed to so much risk if you let others touch it.
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LOL well I wouldnt loan my phone out anyway.
But thanks for the reminder.
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I actually get a little paranoid of people cloning my phone let alone letting a stranger actually use it. I don't think I'll be in danger of ever letting this happen but it's always good to get a little reminder now and then.
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Another day of Hive hanging around the mid 70s. This is boring and exceptional at the same time.
It is healthy for an asset to trade in a sideways range for a while after a run up.
My hope is we can carry this through the end of the month and then have things gear up for a higher move. We have some very good stuff coming out. That will help things along in the medium term.
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I will take boring any day. I hate pump and dumps as I am not a trader.
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Volatility is a trader's dream but an investor's nightmare. I recall hearing that tossed around a lot but not sure where it came from but it came to my mind.
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That is what few seem to remember. Pumps are a lot of fun but they usually end up in dumps.
The net is just a long run up followed by a rapid decline right back to where everything started.
Traders love it but the rest of us get little benefit.
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Licensed traders love it because they get commissions per transaction-- buy or sell, it doesn't matter. For traders who are just regular people, I don't know if it's the same for them.
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The side-way action is good because it means people aren't in a rush to dump. We have been trading around in the 70s-80s recently which is much better than the 10 cents we were at like half a year ago.
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Agreed. I think we are in a much better place now and hopefully we'll be even better a few months from now
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Well maybe we can wait for the 5-5-5 club from before. At that point, we will definitely be earning quite a bit.
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It will be a wonderful day.
Perhaps we need to start with the 1-1-1 club first.
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Yes, I think that would be a good thing. If you think about it, 1-1-1 is a 300% on LEO, 100% on CUB, and 33% on HIVE from current levels. People would kill for those returns in a year.
Hive has finally moved from off its bottom but it sure would be nice to see LEO and CUB do the same. The longer they stay at their lows, the easier it is to see them making new lows.
I know shit is coming that should move them in the right direction so I just keep stacking as much as I can, but a little positive reinforcement in the price wouldn't hurt my feelings....
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I've seen this before here. What is the "5-5-5" club?
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$5 HIVE, LEO and CUB
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$5 HIVE, $5 LEO, and $5 CUB -- got it!!
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That is very true. Plus, if @splinterlands keeps adding 5K-10K users per day, that is a fair amount o HP required just to sate the new users.
Over time, that will keep adding up.
Each day, we also get one step closer to #ProjectBlank and SpkNetwork. I believe the SIP and the HP for blank will suck up a lot of Hive also.
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Well, as I've said before, probably the most important and influential of the three is HIVE. If that starts making a run, you'll see it drag up the prices of some of these other tribes. I mean if HIVE hit $2 and LEO was still sitting at 25 cents I would be hard-pressed not to buy 8 LEO for 1 HIVE. I mean, turning 1000 HIVE into 8000 LEO would pretty much be a no-brainer for me. Especially considering the curation rewards that go along with it.
Hopefully we see it happen as we get closer to the end of the year and some of these projects start releasing.
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Heck, I remember when this thing was areound $0.13, so the 70's is fantastic. I was thinking about it moving sideways as well and feel we're just "hanging around" prepping for another sustained rise.
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It is not hard to forget since it was a short time ago.
We are at a much more attractive level right now. Perhaps we take another leg up from here after hanging out for a while.
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Unfortunately we can't quite say the same about CUB. Touching new lows at $.500...
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I will take this boring mid 70s. Considering where we were coming from a couple of months back, this is actually good. Hope we can hit the $1 mark and stay there for a while.
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I agree. Not bothered by it one bit! I'm taking the time to build up my HP even more in preparation for SPKNetwork. I think it's gonna be huge
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If things go well for us, we could see a couple more weeks consolidation and then another leg up. Where that take us is anyone's guess. However, I would not be surprised if it got us near a $1.
Some chartists are saying that we could rush the ATH and keep going. We shall see.
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I am pretty happy with this kinda boring. My Hive rewards are worth more than LEO rewards. Tables have turned. So if LEO goes up, we win. If Hive goes up we win. If they go down we earn more of them. This is genius! 🙏
$1 Hive Soon. 🚀
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If you believe that the price of LEO is going to move back to a 1:1 ratio with HIVE, then now is the time to delegate to leo.voter.
Earn a passive 16% on your HIVE, paid out in daily LEO transfers.
Depending on how long you think the ratio will stay as low as it is, you can stake your earned LEO either here or on Cub Finance.
Then convert it back into HIVE when the ratio goes back closer to 1:1.
$$.
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I just delegated 15 HP to @leo.voter. As I earn more HP I will make periodic delegations to "@"leo.voter.
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Get paid in LEO to help the team with the RCs required to create new Hive accounts.
Rewarded in LEO for doing your part for Hive :)
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Do they have enough RCs to mint all the accounts they are getting right now? Or are they paying HIVE to mint any accounts over the tokens they have left?
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@leo.voter (not to be confused with @leovoter which I believe is one of TheMarkyMark's alt-accounts or is closely associated with him. Do not quote me on it being one of his alt-accounts as that is just my perception. It may belong to someone else.) has a ton of HIVE Power and RCs.
At present, the accounts HP balance is:
1,910,922.075 HP
They have plenty of resource credits (RCs) to create accounts I am sure.
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I look forward to the daily payouts. My immediate goal is to delegate 100 HP to "@"leo.voter. After that, I'll take it from there.
Is there a good reference listing all the delegations someone can make to earn more HIVE, LEO, etc.? That would make a good project for evergreen content and the SEO4LEO initiative.
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Well there are quite a few but some of the ones not listed is
-dunkcurator: Delegate DUNK Power for DUNK returns
-monster-curator: Delegate SPT Power for SPT returns
There is also a bunch of projects where you can delegate HP for various tokens such as liotes.voter for LEN tokens. There are probably a bunch more but I don't want to sift through everything.
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You're right, that would be a good one.
I'm sure people have written about it before, but it's just been lost in the abyss.
(Leopedia needs to be moved to leopedia.leofinance.io and used as an organised index for the best pieces of evergreen content on our domain.)
But back to the issue of delegating...
Just quickly I'd say the best is to:
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Yes it does help them to claim accounts which will be of benefit when #projectblank is released. I think they will need a lot of accounts at that time.
It is going to be fun to watch it all unfold.
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That's something I gotta do. I have a bit of HP delegated to leo.voter but I think I could get more.
Does it have any influence on curation rewards for 2nd layer tokens? Like, is it going to impact my curation on Leo, for example, or is it dependent on Leo Power alone?
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Yes, if you are deep into LEO, it makes sense to put your HP to use.
All of my Hive Power goes to @leo.voter. At around 1k HP I was getting ~ 1.2 LEO. 365 days, 438 LEOs. Obviously, my HP is going to grow over time and I can make much more.
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I have some delegations going out from my main account (@sgt-dan). I have been delegating to @leo.voter curation/account creating account for some time now.
Clicking the image above will take you to @sgt-dan's wallet
It is very good advice to delegate one's HIVE Power/Stake (HP) if one is not using the account for curation. I am playing with the idea of increasing my current delegation to @leo.voter. It helps LEO Finance and the greater HIVE Community by delegating unused voting power. Make a little $LEO token in the process as well!
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I've got a little with leo.voter as well. Not a ton, but it does seem to pay me a couple LEO every day. It's really hard to go wrong getting them at these prices in my opinion.
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Cool! Have a slice of !PIZZA as I have some extra.
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It does support things on many different levels so not a bad idea.
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In the meantime, just keep blogging and investing what you make back into the highest ROI generators.
Keep compounding :)
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That's the ultimate power. ✌️
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Even Albert Einstein was amazed by the power of compunding interest, and he knew a few things about numbers.
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Hmm...that looks and sounds great, I think I will do the same this week.
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Awesome mate. All the best! Keep stacking and keep delegating 🤑🤑
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I haven't bothered delegating HP over to leo.voter yet. I want to see if I can build my account big enough that small votes will pass the dust threshold first.
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I think 1000 HP is a great starting point. Maybe 1500 if the price of Hive goes down.
Do delegate to @leo.voter if you have extra.
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Well I don't think its enough for me since I tend to give smaller votes out. So most of my comment upvotes gets dusted and I plan on getting this up before I delegate out.
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I began my delegations when I reached 200 HP on my own. Perhaps I should have waited a bit longer.
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Very wise move. Slow and steady wins the race. I did not become a HIVE and LEO dolphin overnight! 🐬
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Definitely get beyond the dusting threshold-- that's a big deal. If you haven't sone so already, follow @dustbunny and @dustsweeper. When you have sufficient HP, delegate a bit to them and receive small amounts of HP periodically.
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I use to use dustsweeper but I stopped since I burned through all my HIVE too fast
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Well it definitely has when you consider how the tribe tokens have taken a hit while HIVE price is still quite stable. No matter which direction it goes, we will still win out since both of them will affect each other.
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That is the problem on a low liquidity market. I hope we bring in more money and more no. of users. These tokens will start to grow with Hive's price.
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What is it HBD that's sucking all of it off of the exchanges when it's priced higher than $1 ? or is it something else.
A combination of the HBD stabilizer at work and Splinterlands registering a bazillion accounts per day.
Remember, each new account needs HP to transact.
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Good point forgot about that. Is the upgrade for the resource credits pool enabled yet? I lost track of development on that. (what might be cool is having a roadmap from hive on the main site instead of trying to search through posts trying to figure out what's going on)
"@"demotruk is a good source for news, information, and updates regarding HBD. He usually posts at D.Buzz, but he'll answer whatever questions you have regarding HBD. He describes himself as an HBD Maximalist, so I would go with what he says and you can verify.
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I am not sure I am a HBD maximalist but I am sold on it. I think it is a terrific token and everyone should support it.
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I learned enough about HBD from you and others that I transfer the HBD earnings from my D.Buzz account to this account. For the limited purpose that has, it's actually doing better than I had expected.
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I'm not entirely sure where we're up to either.
Way above my paygrade, haha.
The lack of direction and understanding of whose responsibility it is to do which job, is certainly the biggest downside of Hive's decentralisation.
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agreed it is one of the very negatives about a decentralized platform someone needs to be making the decisions because of group of people seem to really suck at it lol
It's been said that getting people to do anything on decentralized platforms is like herding cats. I understood it this way for a long time.
Then the other day I read/heard (I forget which) something which not only makes sense but applies to us here:
Lions can't be herded.
Trying to herd cats is a fool's errand because-- among other things-- cats are lions at heart.
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Hence the term decentralization. LOL
People work on what they want. Either way, we are going in a forward direction.
Hive would be better served with improved search capabilities. That would help a great deal.
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I've been saying this since I joined Hive just before May this year. The search capabilities are too limited. Without using Google/Bing/Yahoo!/etc. APIs, it should be possible for searching on Hive to be made similar to searching at those places.
Searching at Hive Search is OK, but the blogging front ends across the board need improved searching.
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That's a good question... I never heard anything about that again so I'm not sure where we stand.... would be good to know more
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No. The RC system is still the same.
Next Hard Fork we might see some change there. Blocktrades has not posted yet what that HF will include. I think he still needs to find out what different people are working upon.
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Reminder Sept 20th (Monday), Cubfiannce is moving from V1 to V2. This means some of the farms will require individuals to unpool and then move their holdings.
There will be tutorials put out. We will have to link then in Monday's room for everyone.
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Awesome. It is a crucial update for Splinterlands players too. Since their SPS Airdrop is tied to the DEC-BUSD pool, it's important to quickly move their LPs to the new DEC-BUSD Kingdom. Don't miss a single day of the Airdrop, please. It's precious! 😁
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Does this also include the DEC pool? I thought they said that the Splinterlands team was deciding the day.
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You are right. I am not sure whether the DEC pool is migrating or not. Guess we need to wait for either Splinterlands or Leofinance to make an announcement in this regard.
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From what I understood, I think the DEC pool is also included but I could be wrong
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I don't think so since I recall seeing a post where they mentioned that Splinterlands would have to decide how to proceed.
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I think that is what was said. @splinterlands would be moving that entire pool themselves.
I am not in it so we will see what happens.
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If they are moving the pool, does that mean that we don't have to do anything? I thought LeoFinance was having issues so we need to remove it manually.
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I believe if they are moving it, anyone in that pool is okay but do not hold me to that.
Hopefully there will be clarification tomorrow.
Keep an eye on it. We will have to be attentive tomorrow.
We need people to post what they find out in here so we all can keep each other up to date.
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Ready for it got it marked down. Shortly after that we get POLYGON! Which is going to be epic
Why do you think that will be so huge?
Honestly because I dont follow it near close enough.
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I get the team are busy, they're always busy.
But we're 1 day out and there are still no clear tutorials on how to seamlessly switch between V1 and V2.
People are going to fuck it up, lose money and then complain even more.
Tutorials really should have been made a priority and released alongside the migration announcement...
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Yes, I agree
I also wish they had done this over the weekend which is usually when people have more time to do things carefully and avoid screwing up
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Yeah. I hope the community gets on the ball with it and posts some stuff early.
@scaredycatguide said he was going to do a tutorial video when he did his move.
Hopefully he does it early in the day. LOL
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Still nothing from the team, right?
It's already Monday in Asia...
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That is nice to know. I will be doing my monthly add to CUB then and unstake my current liquidity.
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Oh that's a good reminder. I better be ready and schedule some time to do that.
I kinda wish they had done this over the weekend but it's not a big deal, I'll make time
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Looks like it might also be an opportunity to scoop up some cheap CUB as there will probably be some people who just sell instead of trying to figure it all out....
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Here is another edition of our daily @leomarkettalk.
We are moving towards the end of the month. To reach our goal, we need to kick things up a bit more. It is tough since we are now on the weekend.
One item of Note: NO POLITICS.
Lets keep this place friendly and clean and politics tends to bring out a lot of anger and disruption. We are here to attract people not turn them away because we get into a pissing contest about our political beliefs.
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Isn't it super disappointing no one can have a educated discussion around politics anymore. It's always so negative trash talky and what's even more sad is that people you might have been friends with for years for some reason if they find out you voted for the other guy they go crazy and defriend you. So weird.
I lost many friends because I am conservative christian and politics comes in a way. In fact few of my cousins I last saw in 2009 and we never see eye to eye in any family gatherings anymore. Here in Asia, not being liberal and woke is kind of like inviting predators in corporate and social settings. Not being liberal and left would cost me my interactions with any future nephew and niece too I am afraid. I avoid talking about being conservative on hive too because you never know people may start with downvotes vendetta.
For most of my life I would have been defined as an ultra-conservative Evanglical Christian. After leaving the Christian faith, I now adhere to the Noachide philosophy (white-boy wanna be Jew as I describe it).
I am still fairly conservative in some of my views but have been called a liberal Jew by some. Fine with me. I heard that Jesus fella was also considered a liberal Jew by his peers in his day. I take the term that others use as a slur as a badge of honor!😁
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I can understand that. Most of my family is conservative Christian and it was hard for me to interact with some of them because of our very different views on politics, economy and society.
Fortunately we were able to find common ground and focus on the things we agree on rather than on the things we disagree on so now we have a much better relationship
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Relatable. Lost friendships over politics. It's not worth it at all!
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These days we're dealing with SORE WINNERS.
It's not enough enough to come out victorious in any discussion connected to politics in any way. These SORE WINNERS want to send the losers to oblivion in every possible way and even some impossible ways.
We don't need to change anyone's minds. We just need to state our cases and let th chips fall where they may. In the end, the truth will come out. That's the best revenge.
Source: Bleacher Report
Professional ice hockey-- specifically the game in the Naional Hockey League-- is know to be a game riddled with fights and brawls. Not so much these days, but it was that way for decades well into the 1980s. When the playoffs take place to determine who ets to raise the Stanley Cup, the fights go down yet the brutality increases. For as long as a series is played, the 2 teams beat each other to a pulp. When the series ends and the winner advances to the next round-- or gets to raise the Stanley Cup over their heads-- both teams line up on the ice and everyone shakes everyone else's hands. The team which executed its game plan better beat the team which didn't.
Source: IMDB.com
Politics had been that way until the 21st Century. These days, instead of playing for the Stanley Cup we're fighting in Thunderdome ("Two men enter, one man leaves! Two men enter, one man leaves!!").
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Hehe as a big hockey fan that was a very nice analogy.
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I was thinking of using the comment as a springboard for a post, only I'm not sure which domain gets to declare its version as canonical. The topic came up in LeoFinance, but LeoFinance is not a politically-oriented place except in how politics affects the financial markets are cryptocurrency. Proof of Brain would be the best place if it's not LeoFinance.
I would write the post in the most detached way I can, but I can't promise that comments will be just as detached.
If I publish it at PoB, I'll tag LeoFinance as well plus other communities. We are affected by this even if it's not as we would like.
So which domain should declare its version as canonical? Given the topic of the post, I didn't want to post it here if it's a mistake to do so, which is why I'm asking before I proceed.
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I would definitely have to agree that its become so tribal and toxic that I just want to tune out.
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Yea, it's sad really. Some people will go a long way to defend politician A or B and are completely blind to the fact that most of them are equally bad
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This is what politics has always been:
Source: IMDB.com
These days, it actually feels like we're dealing with Aliens/Xenomorphs and Predators. Whatever we believe (or even don't believe), we need to unite to remove the political people who pit us against each other. Our trouble is not with each other: it's with them.
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That's very accurate. They are supposed to work for the people who elected them but they actually just do enough to get the votes they need
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My vote is not for the people who do bad POLITICS for purely selfish reasons.
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Well...how do you sift through the politicians when most of them are just horrible?
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NOTA until they find a better one for us. That's the only thing I can do.
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You don't.
Legitimizing a corrupt process just allows the illegitimacy to continue.
The only votes which matter are those done with your wallet or by your feet. No one should ever be forced to vote for something he or she doesn't want.
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Throw out the trash politicians till they change...but unfortunately most people don't agree with me because they believe the lesser of two evils.
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2 quick points:
If we could run our countries as well as we run the environment containing Hive, the world would be a better place. But we don't, so it isn't.
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As long as big money continues to be in politics, corruption will continue to run rampant. Unfortunately, the only people who can get rid of the big money are the only people benefitting from it.
It's become a rigged system. First thing that needs to happen is term limits. Then they need to get rid of "former" government officials becoming lobbyists, or consultants. It's just one big circle-jerk.
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It should have been easier to list "None of the above" (NOTA) instead of all those "Not U's".
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LMAO. That's true! But then we wouldn't have this cool GIF :(
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That's true. It's just that in real life it wouldn't look like that on the ballot. Besides, few if any places actually list NOTA as an option.
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We do have NOTA as an option. Not many people use it because elections are rigged, either by the ruling party or the opposition. 👻
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NOTA doesn't exist where I live. If it did, it would be the winner in every election by far!
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How many comments are done till date since Sept 1? Do we have that data yet?
It would help us to align ourselves towards the goal.
I think we need to have a new "min. comments per day" count to reach 10k.
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We might have to ask @amr008 but we only got 200 comments yesterday. So according to my estimate, we are probably 200-300 comments behind that we need before we are on track with 333 per day. I could be wrong though.
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Yea, I think we need a good 500 or 600 day to make up for the days we slacked off.
I'm to blame because I wans't around much last week so I'll try to be better this week
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Okay it is your fault.
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Well...all of us takes some blame but we will do what we can to help.
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I think it's more than 300 comments. Let's see if he publishes the totals.
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Yes that is my presumption but I have nothing to back it up.
We can start the process of fixing that right now.
Let us make sure today, a Sunday, is over 300. That should be the minimum. We still have more than 4 hours left.
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We are closing in on 300 so I think we will reach it.
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What impact would comments made after each 24-hour period have? It feels as if these Hour-25+ comments number around 20. I'm just guessing.
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I'm pretty sure we're going to get well over 400 today...
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Is that all?
I would have figured we would be further in the hole. But then I havent paid attention since early in the month so I honestly have no idea.
It just "feels" like we are failing to keep pace.
We simply will need a big week.
You ready for a 1,000 comment week?
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You mean 1,000 comments in a week? That is worst than what we have now.
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Yea politics is not a nice topic. It did bring engagement but too much drama involved so I haven't bothered bring in anything.
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No we dont need the drama. We want to be an education center as well as a resource for information.
Politics simply turns people against each other.
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I get that it is polarizing, but the fact is that it SHOULD be talked about BECAUSE it's polarizing. Politics is supposed to be about ideas and vetting those ideas against each other. You're supposed to be able to talk about them so you can get both sides, or better yet, ALL sides of the issue. Then you can come together and decide what the best solutions are for all involved.
This bullshit about not talking about it because it might offend somebody is what's causing all the problems in the first place. We just play into the politicians hands by listening to "our" side's views of what's happening and dismissing the other.
There is no way you can tell me that every Democrat is a Marxist and a moron or that every Republican is a greedy redneck who wants to kill grandma and destroy the planet. Yet that's what our media wants us to believe. Almost every single one of us holds values from both sides but we aren't allowed to even express our opinions without the cancel culture and WOKE individuals shouting us down.
THIS is what's wrong with America, and the world at large. Until we can start talking to each other again, it's only going to get worse. How do you think the Facebooks and the Twitters and the YouTubes of the world are getting away with all this censorship and banning people?!? Because nobody wants to put themselves in the crosshairs by calling them out. They're too powerful.
THIS is where we SHOULD be having these discussions. This place represents freedom from those people and should be an open forum for the discussion of ideas. If you disagree with something, call it out. But back up your opinion with reasoning. Don't just say "you're an idiot".
We constantly preach the mantra Do your own research about everything in crypto. Well that should go double...triple when you are throwing out opinions about huge issues like healthcare and welfare and abortion and gun rights, etc.
Rant over. Chalk up another 1 comment for dagger. :-)
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I don't like talking about politics anyway so it's fine by me!
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It looks like the crypto randomsomware sanctions have started. I am guessing the blacklist will affect the centralized exchanges because I don't see how they will implement it on a decentralized blockchain.
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this part got me. Is this not another plot by the government to control this space? this certainly will not work for decentralised exchanges for sure. The government has a herculean task on their hands
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It definitely is. If they start blacklisting addresses, how will we know if they won't say they made a mistake and hit innocent people too?
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Yeah kind of like the drones the US military uses.
The government would never make a mistake and hit innocent people, would it?
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They did that recently in Afganistan. It was a traffic thing especially when they killed off the guy with his kids and I saw it on the Washington post
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Yeah total bullshit.
Scare people and then make them believe the government is here to help.
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REMINDER!!!!
Get yourself the #CANDIES that are due you. They are there for the taking. Who knows, many you will be able to get a Lambo with them or at least a ride into space.
Moon you with your token.
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10 CANDIES today. 20 DIAMONDS today, but 50 DIAMONDS tomorrow.
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Lambo or an NFT Lambo worth 100 Lambos. 🚀🚀
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Well...I guess you could try buying a Lambo in Rising Star as its cheaper than a real one. It has the utility of helping you earn more starbits. I don't have one though
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Haha. I don't play rising star but seems like a great investment. Want to buy a lambo via Splinterlands or Exode. Let's see how it goes.
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Maybe your Lambo NFT will be worth more than a real Lambo at some point. After all, they can always make more of the real ones.
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I don't have one...but they are legendary cards so its a pricey card.
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30 on lock
Another 30 in the bag
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50 candies and 20 diamonds today. 2 more days until that I reach that 100 candy and 50 diamond day.
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I'm saving up my candies for one Bitcoin! :)
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I almost forgot again. THe reminder saves the day and I got another 30 candies
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We must have maybe 500 comments just on CANDIES alone during September. That the equivalent of a good day for the live blog.
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We had a number of very good posts of late on Leofinance relating to different blockchains. People are putting in a lot of research into them.
Feel free to link them in here to get some good conversations going and provide a nice repository of information on different chains.
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LeoFinance has the potential to literally become the Medium of the crypto world.
Every project hosting their blog and communications channel to the world on LeoFinance.
Why use a centralised communications channel for a blockchain project?
The most successful projects will practice what they preach when it comes to decentralisation.
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That's actually a great slogan!
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We need to spread word about that.
Hive: The Medium of the Crypto World
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We just need to keep doing what we are. The longer that things transpire, the better Leofinance will rank.
It is up to us to keep putting out a lot more content, along with comments, to stimulate more activity.
Often playing the long-game is very tough. However, that is the only way to play it since gaming the system will not fool Google.
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That's true. I often forget how new this whole thing is because we already accomplished so much in such a short time.
I can only imagine where LeoFinance will be a few years down the road
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Yes and one of the biggest things the SEO leaders are telling us is that Leofinance's age is what is really working against it.
And with there, the only solution is time. We simply need to keep doing what we are while the site ages.
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LeoFinance is definitely one of the best places to gain information about different chains. If I have some time, I'll look through and post anything I see about different chains.
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There is a lot out there so we can really start to use that each day in here.
The links will also help overall.
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That's why I love Leo Finance. You get to learn about new and upcoming crypto/blockchain projects and opportunities. One person cannot know so much. When you have info from multiple resources, it shows you different sides of a COIN (😎).
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It is a tremendous education center as well as driving more people to view our content. This will take a while but doing the things to get more traffic here is going to pay off.
Think about where we will be in 24 months with Leofinance.
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In spite of the protests, it seems things are proceeding rather well with El Salvador embracing Bitcoin.
For a country of 6.5 million people, that is a great start considering it is less than a week.
We will have to see how quickly other countries embrace this.
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We knew things might be a little rocky at the start, but I'm pulling for them to benefit from this change. If succsessful, this could end up spreading all over the world.
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Anything that encourages adoption of cryptocurrency from average users is okay in my book.
This is what we need. Too bad it is at the hand of a government but so be it. Let them use the threat of their guns and jail to aid us for once.
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I think it's just downloaded and each one of these people get some free BTC from the government right? I wonder how many of them stick to using it though.
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That's right. They get $30 worth of BTC each.
It does seem that number is for wallets downloaded indeed
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It may be a low amount, but it's enough to let people see for themselves if it's worth having or not. If anyone catches the crypto bug, he or she can always buy more.
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That's true. I think a good portion of the citizens who get the airdrop will do some research to learn more about that
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That's a massive number! It's time for them to up their infra and provide internet services throughout the country. Would help them onboard more Salavadorans.
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It's pretty good especially considering that they have some minor and expected issues with server capacity at first and the media did their best to spread FUD around it
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Bitcoin as the world's reserve currency? It is an idea that is getting some attention.
Personally I dont buy into it in the slightest. These financial people have no idea where technology is going. In short, there will be no single reserve currency where things are heading. The Metaverse will not be constructed in that manner.
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well, Scaramucci will put his mouth (faith) where his money is but I think this is no news. crypto enthusiasts believe this to be true and the world will slowly work up to this reality sooner or later
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Why do you think it will work its way to reality?
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sorry, i meant 'wake up'. I think the big institutions are already buying into crypto. soon the masses will follow suit
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Ah okay. That makes more sense.
Yeah Wall Street is entering and in a big way. Their presence will only get stronger.
This will introduce a ton of people to it. However, we need the people who arent clients of Wall Street to enter. Thus, we need average people to find the benefits to Hive.
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People need to enter crypto without the need for using Wall Street exchanges, hedge funds, or other enterprises. Unfortunately, they control the fiat-to-crypto on-ramps and off-ramps along with the banks. One way we can say "#"HiveFixesThis, but not today or anytime soon.
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I don't think BTC could be the world's reserve currency because it is deflationary. It would only incentivize people to save and stifle economic development.
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Yes it would kill the global economy. Why would anyone invest in anything when you could 4x your month in a couple years simply by hodling Bitcoin.
All commerce would basically stop.
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Its basically the truth. I am guessing people will cut back and only spend on essential stuff so art and entertainment might go to nothing.
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Exactly. If something is going to rapidly increase in value, people are going to hold it. To get it out of their hands, you are going to have to give deals for them to spend.
That means prices collapse which is deflaitonary.
Many online seem to think that is a good idea until they live under it. Massive deflation as bad (if not worse) than inflation.
Talk about employment disappearing, operate under a deflationary environment for a few years.
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Scaramucci was supposed to be one of the smarter people in the investing and VC worlds, too. I'm not sure how he performs as a crypto analyst, so I can't comment there.
For Bitcoin to be world reserve currency, BIS and the central banks under its control would need to allow that to happen. Stranger things have been known to happen, but I doubt they would allow Bitcoin to be used in that way.
Also, Bitcoin would need to fall under their control. Should that come to pass, Bitcoin would cease to exist.
Bitcoin could become the world's de facto money in the same way gold had been for centuries: all trade parties would accept it for payment. It would take time for that to happen, but it would happen because the trading partners would be OK with it. Romans and Egyptians and Persians may have been rivals and even adversaries, but nearly all of their trade was paid for with gold. An equivalent scenario would evolve for Bitcoin.
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In a digital world, not one is going to rule.
Consider how expansive and ever changing the Metaverse will be. Why would there be a defacto currency at all?
It makes no sense considering we will be constructing different networks with instantaneous swaps.
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When John Wayne and Gary Cooper were the leading men of their day in Hollywood and the American Western was the movie genre of choice, a popular line said in those movies was "This town isn't big enough for the two of us."
That won't apply to the Metaverse, or even the cryptoverse that exists right now. There's plenty of space for people to use whatever cryptos they want, and along with that comes the freedom of association of dealing with like-minded people. Everyone is in it for the money, but other values determine which cryptos attract the people to them.
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The Metaverse is a near infinite space. This something that people have never pondered. We are only capped by computational power and bandwidth. Both of those are expanding at a rapid rate.
Even here on Hive, many are realizing they do not need a lot outside the ecosystem. We are building a nice little economic model which has a lot of things growing in value.
With the returns people are getting, we just keep this up for a decade and there is a lot of collateral which to build things upon.
And none of it will be Bitcoin in this instance.
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Bitcoin for us is good for 2 things: HODL, and moving to exchanges which list HIVE so we can swap BTC for HIVE.
A lot happens on Hive blockchain that we can see, and even more is happening behind the scenes or beneath the surface. We will be in great shape with Hive when we can do all we need to do on Hive as if we were offline: shop for groceries, hire people, auction merchandise, pay parking tickets and horrendous library fines, and provide mirrors for Web 2.0 services such as app stores (as suggested elsewhere by @demotruk. We should be free to use any service we want on Web 3.0, but we should also encourage growth and use of home-grown services. We shouldn't be locked in any ecosyste, such as those of Apple, Facebook, or America Online when it ruled the public Internet.
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LOL I like that.
Two use cases for BTC: HODL or buy HIVE.
Yes we see a lot of potential options flowing out of Hive. We simply need to the development to start rolling. I think a lot changes once the SpkNetwork goes live. There will be a few applications on it plus we will see Hive locked away.
It will be a grand time.
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Is the ECB hedging?
Of course they are not going to want a digital Euro. How many times do we have to say this? CBDCs do not benefit central banks, they benefit politicians
They also make commercial bankers obsolete.
Who makes up the ECB? Bankers. Do you think they are going to opt for their own destruction?
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This is true. I think it's safe to say that nearly all of us here agree with that statement.
In the case of the Euro, ECB may be telling the truth. There's been rumors of the Euro self-destructing and national currencies returning to replace it. If this is happening with Fiat EUR, it looks as if it would be happening with Digital EUR (CBDC).
The bankers will make their move (because they always do), but not under conditions adverse to them.
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The EU is a failed experiment, they just dont want to admit it. The ECB never stopped easing since the 2007 crash along with going negative in 2013 or 2014. Yet nothing worked since the economy of the Eurozone is lagging both the US and China. Hell, even the Japanese are doing better than the EU.
Plus, the second largest economy in the EU just left. That does not bode well especially since Germany, a major exporter, has demographic problems along with the fact that their exports are declining. This is the largest economy in the EU.
Not much going well for that area.
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Everyhing you say about the EU is true and verifiable. The EU was at its best when it was "only" a free trade zone. When it began acting like a superstate is when the experiment failed.
Although not as influential as USD, EUR is still an influential currency; it will be a while before it fails. I'm giving EUR between 5 and 10 years.
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Always hard to tell how long something like that will last. There is no doubt the ECB will throw whatever it has to in order to defend the EURO.
The question is does the Eurozone have the economic growth to keep it propped up. For all the issues Japan had, the one thing they did, in the face of a declining population, is keep their economy the same. They didnt grow it the last 30 years but it didnt go backwards either.
Does the EU duplicate that or do they see their economy contracting?
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Despite the heavy influence the United States has on Japan, I see Japan as a nation led by people who have caution and foresight. That could be cultural, but caution and foresight are good things to have in leadership.
When it comes to the EU, I cannot say likewise. Given the difficulty in bringing its member states in agreement on many things, plus the crises concerning radical leftism, immigration, and COVID-19, it doesn't look good for the EU.
I'm pulling for Japan and expecting the EU to self-destruct for its own good.
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Well Abe threw the leadership idea out the window for me.
What Japan does have is they are very technologically advanced, something that is helping them combat their demographic woes. No nation outside the US can compete with Japan on this end of things.
The EU has that problem (in addition to the leadership) also. They are not the most advanced region technologically.
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Well with the current political landscape, we have seen quite a few activist in high places. So I would not be surprised if they opt for their own destruction then complain after the fact.
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These are some of the questions asked about the e-naira which the Nigerian government is about to launch on the first of October. Many fear it will render the banks useful and concentrate too much power in the hands of the government. I am curious to see how this unfolds, probably a litmus test for other countries. I don't think I will be using the e-naira.
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For those who don't know Alonzo HF is now live and Cardano's has officially launched Smart Contracts functionality.
Over 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo hard fork upgrade on Sunday. However, it appears that the smart contracts are in a timelock and cannot be used by developers until they’re released.
Some cool DApps on ADA planned for release:
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I think games are missing on the list of Dapps. It's sad to see that they aren't really focusing on that as it would attract the people who generally don't use crypto.
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That's is true. NFT and P2E are so hyped up right now and there is no reason to miss that wave. I found this game on Cardano and I hope they make many more like that.
https://www.cardanowarriors.io/
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Is this how we are going to build on Mars? We can piss our buildings?
Research takes us down many interesting roads. This is one of them.
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Oh wow, that's very interesting indeed! The study was published only like a week ago so this is pretty fresh information
I'll have to read it later because I'm very curious about the composition of this "AstroCrete"
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Have fun researching it. I thought of you when I read it.
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Well...that is interesting but I don't know if I would want to be living in a building made of urine.
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LOL well hopefully the smell would be contained.
But blood works too. Is that any better? A house made of blood?
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An interesting article from Forbes on the use of AI As An Anti-Corruption Tool. They highlight a web portal that citizens can use to track procurement transactions, contract bids and how the government spends their money.
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I saw something similar for the real estate market. They think that using the blockchain and other tools, they can advance their analysis to get more profitable properties.
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That's interesting indeed.
There is a law here that in theory allows citizens to request access to government documents but the dirty bastards hide their dirt by deeming related documents as classified, or a matter of national security so they still can get away with anything
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It seems we are seeing steady growth in the amount of HBD in savings.
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Why was there such a huge dump in HBD a week or two ago?
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That was pretty much one person. So it was able to give us a baseline.
Since it bottomed out, we are seeing a nice steady increase. Hopefully it continues and puts us over 1 million HBD in savings.
That is a good starting point.
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Yea but I wonder why he put so much HBD only to take it out. I guess he wanted to keep the HBD liquid.
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I guess when the price ran up above $1, it was a nice time to move it to exchanges and sell.
A nice 20% profit just sitting there. Make 20% in a week or 10% in a year. Pretty easy when you are dealing in those numbers.
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Gotta be one of those huge arbitrage bots, right?
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I don't know but the timing fits. I guess after the price no longer worked, he just sold out.
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New users are taking a bit of a step back. It was good to see a rebound from a couple days ago.
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Well it was bound to stop going up eventually as the easiest people to convince probably joined already. I do think it will recover more or less over time.
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It will help to get another application or two starting to sign up people on a large scale. I am not sure what that will be until we see #ProjectBlank released.
Hopefully we will see that in another 100 days.
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Do we know when Project Blank will release? I know Khal said he wanted it this year but I don't know if we can count on it.
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Well it is all speculation. He says it will be so we will see.
One thing I am watching is the mobile application. Since that is needed to fork for #ProjectBlank, the sooner that hits the market and the less bugs, the better the chance of blank.
If it is delayed or has a month or two of bugs, then we might have another delay in Blank.
So the first goal is the 1st of October.
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This is the kind of chart we like to see. Hopefully it continues as more people keep playing @splinterlands.
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I wonder how many of them are bots...I do recall you guys mentioning that there was someone making 10k bots for Splinterlands.
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Hard to tell. I figure there are a lot of bots on @splinterlands. So we have to accept that the majority of them will be that.
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Do you think its above or below 50%?
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My guess is that it is below 50% in terms of games since there are a lot of manual players. However, the winnings, it would not surprise me if the bots take some of the larger rewards since they are so active.
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Non0fungible tokens (nfts) certainly have a strong future.
What do you think about the present NFT market?
I mentioned in the comments there that it is viable long term but might be a bit over enthused at the moment. In fact, I foresee people losing most of what they put in.
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I think most people will lose money as well since most of them do not have utility. I prefer to stick to gaming for now because they will retain at least some value in earning more crypto for me.
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I agree. I think there will be a strong correction in a lot of areas and then it will grow at a more sustainable pace when the mania is over. I have no idea when that's gonna be though
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It will be when people are screaming about the pain. Until then, we are in lala land with it.
That is how markets always seem to operate.
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When will people capitulate though?
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On the down side or the upside?
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Downside.
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Something many are interested in here.
This is the latest Seed Report.
The numbers are growing very nicely.
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Yet another great project on LeoFinance. I wish I had invested more but I'm happy I got in early as it looks like it's going on a very nice direction
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Hard to argue with the solid returns that are being generated. I got in and am happy with what is taking place. A well thought out project in my opinion.
Some nice money making projects on Hive.
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Yea it already has a 40% gain from where it started.
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Hard to argue with that return in such a short period of time.
You know it is successful when everyone involved which they had purchased more.
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@forexbrokr
Dane:
Cub Finance (CUB) Pros and Cons is finished, published and linked. I seriously hope I did this subject justice, I do realize its importance and am fearful its a bit light.
If no one steps up to do the Pros and Cons section on dCity by tomorrow, I will tackle it. We can't wait forever!
Have a wonderful day! (Almost time to pop a beer and watch some American Football for me).
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I guess never mind is in order for the dCity Pros and Cons. I see you took care of it already.
BTW - great job on it!!!6
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Cheers Kevin, you certainly did it justice :)
Since you've changed the way you write your subheadings and links, I've noticed Google indexes your content quicker and ranks them higher.
In a lot of cases, faster than my own.
Keep up the great work!
Sunday is NFL? - Who's your team?
Do you watch or support any college football too?
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@forexbrokr
Dane, "Should I buy dCity SIM in 2021" is done and published!
I apologize again for the delay. I'll try to be faster with my next contributions.
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No worries, it was great in the end! :)
I've already published it into the final version of our dCity SIM guide and paid you your cut of the LEO rewards.
A nice bonus on top of the upvotes.
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Thank you very much! I'm glad to help
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A nice mental exercise.
Notice my comment. A million Hive is out of reach for most but $700K in Hive is more inclusive.
If Hive reaches $20, then anyone with 35K Hive will have the $700K.
That is a more attainable goal.
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I have seen a few posts about that challenge but yea a lot of people are talking about investing it so it grows in the future.
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Buying Hive even at these levels is not a bad idea. There is huge upside in my opinion. We are going to see much higher levels in the price of Hive.
Too much going on. We are just getting a bit of insight into what the future looks like with the @splinterlands thing.
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Do you remember when that Twitter guy actually bought 1 million Hive off the market when we were trading at sub 20c?
https://twitter.com/encrypt3dbr0k3r maybe?
I'd love to hear a follow up to that story.
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Cryptocurrency: Time To Build Trustless Layers
https://leofinance.io/@taskmaster4450/cryptocurrency-time-to-build-trustless-layers
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A github for the SpkNetwork. Dealing with an indexer.
https://github.com/3speaknetwork/spk-indexer-node
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Do you plan on using it?
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Plan on using what?
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The github API or whatever you posted.
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It seems there is a lot more chatter on Twitter about the number of chains in the top 50 that claim to be decentralized but are not. One posted that only two are (Bitcoin and DOGE).
All of this bodes well for Hive. If people are looking for chains that are truly decentralized, eventually Hive will be on the radar.
A few more months and a couple more applications, we will be good to go.
There is going to be a ton taking place through year end and into early 2022.
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Yea there are a lot of centralized chains right now and maybe we need a few more network restarts like Solana before things kick off.
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I am not sure that the restart of Solana is really decentralizing anything but then again I dont pay a ton of close attention.
Either way, I know where Hive stands and the direction things are moving in.
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Well if more systems keep getting outages and things that affect their service while the decentralized ones don't, I think people will naturally move over.
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Always commenting and upvoting every day
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Another good article on Leofinance.
It is great to see people who do not buy into FUD and the other garbage that is out there.
Those who require validation from others will not take advantage of the massive opportunity before us.
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We crossed 300 comments. Right now at 305.
With some clean up we should be able to do 333, the daily minimum. For a Sunday, that is very acceptable.
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