Leo Talk 5/9/21 - Come Join Our Chat (Part 1)

in LeoFinance3 years ago

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

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

It is a great way to stimulate engagement.

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

We are open 24/7/365.

Stay Informed About LEO!

LEO Twitter LEO YouTube LEO Discord LEO 3Speak

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So I am trying to get started on Leo and a lot of fingers have directed me to get started here, so here I am. :)

is the micro blogging just for Leo or general hive because I think there is Dbuzz already

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Hey @stevenson7, Welcome to the jungle. Glad to see you here buddy. You can simply start pitching in any of the ongoing conversations and reply to any comment you like. This place is like a subreddit where you can discuss anything related to Finance, Money, Tech, Crypto & Blockchain. You can also post links of news and articles related to these topics or share the links of other LeoFinance post you find interesting. Self promotion is not allowed. Rest is fine!

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Ah brilliant. You're my leo angel. Thank you for all the help. I will start going around and see what ideas and information I can learn.

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Glad I could help you buddy. Looking forward to reading more of your comments here. We need more people like you so feel free to engage.

Btw, you can also make a top-line comment yourself to start a totally new conversation. I am sure many of us will be replying to you.

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Sounds perfect. I have no doubt I will love it here with this welcoming mood.

Where do start from, ha, memes.😁

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Sure man. There is a new post for the day. Share memes. We all love them. 😁

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I'm So happy there's one everyday. Let me get to it

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Welcome! Here is the ideal place to start. Engagement is one of the keys to success at LeoFinance.

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So I was told. I am very grateful for your comment.

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This is using the microblogging along with the reddit type concept. It is just an informal way for Leo members to engage and discuss matters that are important to them. This also helps the overall engagement numbers, helping the entire community.

As stated by @finguru, just jump in and start typing away. We look forward to getting to know you.

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Thank you so much for your support, I do get the concept now. Means I could go on commenting on this post yeah?

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Yes you can comment anywhere within the room..

You can add what we call top line comments which is replying in the main comment box as you did. You can post links, memes, photos, videos, whatever you want in there. Try to keep it to Leofinance specific stuff though although we are a bit flexible. We tend to concentrate upon crypto, stuff on Hive, finance, technology, business, and a host of other things relating to tokenization and the future.

Or you can jump in and comment on the comments as you did with this one.

It all fosters engagement.

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Brilliant. This was very explicit. Thank you.

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Nice to meet you. We're always happy to see new faces around here! :)

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Thank you so much.

I am happy to be here.

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C11D5157-08D1-48BF-995F-DED119822119.jpeg

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Did you sell the pump in Doge for HIVE/LEO?

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I had bought a tiny bit of SWAP.DOGE at something like $0.10 and sold somewhere around $0.30 for pegged HIVE. But only micro-transaction pocket change.

I am glad you made it out with some profit/break even even if you didn't get the entire run up.

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Doge is down by over 25% now and it seems fun time is over.

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Yea it ended up being a sell the news event so I guess people were already planning to dump since it ran up before the event.

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We will see if they are buying it back after the dump. The whales might be playing games with it. We will see.

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I think there will be a few more dead cat bounces but it is possible for it to hit an all-time high a few more times before going down.

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Or maybe the fun is just beginning.

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Just got doge. What do you reckon? Fill the bag?

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Hey friends! I hope you are well! Well, this is a great idea, it is always nice to talk and interact with people with the same interests as us, especially in these times of pandemic where it is important to protect ourselves and take care of our health. That is why I see this channel as a good way to show our commitment to this great project. A hug to all of you and I look forward to continue sharing with you

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Nice to meet you! And welcome to our little corner of the blockchain. Since many of us are stuck inside, this is a great way to continue to engage with each other. Stay safe! :)

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thanks my friend, I'm sure you will!

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Glad to see you here. Welcome into our room here. We are hear everyday.

Feel free to post links to things you think the crowd will find interesting (just dont self post since this isnt a place to just self promote).

Posting the articles of other people is welcomed.

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Okay, perfect, thank you very much, tomorrow I will formally introduce myself to the whole community so you can get to know a little about me, I really hope to make good friends with whom to share these common interests we have. Thanks again for the welcome!

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Welcome to the best place to hang out on the blockchain, I hope you will have fun :)

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thanks my friend, I'm sure you will!

Welcome to the best place to hang out on the blockchain

That might be the basis for a meme. Do you know anyone who does those?

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I might be able to find someone who does those things :P

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Keep us updated on your search. We anxiously await your progress.

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That is great. Your time spent in here, if I had to guess, will be well worth it.

Look forward to seeing you then.

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Thank you so much man for being here. You are most welcome to pitch in have amazing conversations with anyone. This is undoubtedly the best place on Leo Finance to hangout. You are at the right place and we are glad to have you here.

Big hugs!

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thanks my friend, I'm sure you will!

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Nice to see you here and I hope to see you come back here in the future.

As always, you can feel free to ask any questions you have and we will try our best to answer.

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thanks my friend, I'm sure you will!

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Glad to have you here mate. I am just getting started myself. I'm super excited also to interact with folks here.

Cheers

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Greetings friend, sure we will continue to coincide in the chats of this community.

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Welcome to the community. this is my favourite place on the blockchain. i get to interact with a lot of people here and learn new things. this is the first time I am seeing you here so once again welcome...

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Yes, I'm new, I'm still adapting to all the dynamics of the community, but it's amazing to be here and share!

In the most recent chat I will make my official presentation. Greetings!

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The newest LBI earnings report is out. It looks like its consistently earning over 1k now and I think we might have to raise the bar a bit.

https://leofinance.io/@lbi-token/lbi-earnings-and-holding-report-20

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Taking advantage of what they talk about this, that downturn that LBI tube were the weak hands that were only looking for something from the airdrop?

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Yes some people were only in for the airdrop so maybe the downward pressure on prices are because of that.

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They are doing very well. Glad I have some LBI in my HIVE portfolio! It is thanks to you guys. I took the advice to get some.

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I doubled my amount of LBI right before the deadline.

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That will lead to a bit of CUBLIFE in your wallet too which will put a bit more of LEO in your wallet.

It all keeps building.

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Like a snowball rolling downhill, with it's value going up!

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Well it is dependent upon the valuation of tokens against each other. However, over time, the value of the holdings should keep growing. We will see how it goes. The pot just keeps getting bigger.

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I had my 100+ LBI sitting down there so I am also glad that the team is doing a good job growing the fund.

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The value is growing. We will see how things unfold going forward. But we fell there is a solid foundation being laid.

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I added some more LBI a couple days ago just before the hardcap. Personally, I think LBI could very likely be the best investment in the entire Hive ecosystem. With the extremely solid amount of staked LEO, it will be in a very strong position to take full advantage of any new projects in the future, plus you guys keep doing an unbelievably awesome job with the curation. It is very much appreciated by me, for one, and I just want to recognize it. The consistency is unbelievable. Seriously! Thank you!

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The value of the upvote is going up which means that LBI is having a larger amount of influence over the network.

This is showing up in the weekly earnings which is great. I was happy to see the curation alone toping 1K LEO. Makes pushing the button so often worth it.

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Yea but I wondering if the movement of liquid LEO to exchanges like CUB is the reason why there is so much downwards pressure on LEO. I think the current price is more or less linked to HIVE as people think 1 LEO for a price of 1 HIVE is cheap.

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We might as well take advantage of it while we can. LEO does have a very small amount available.

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Yeah I dont think a lot of that LEO is going to come back. There is incentive to keep it on CUB and if LeoBridge takes off, a lot of it will be required.

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Well the fact that a lot of it was unstaked is what helps the LBI voting. With each upvote being worth more, it adds up when the day ends.

This is a great thing, in my opinion, for the entire ecosystem. More upvotes are being given out thus helping to spread the LEO out.

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Yea I plan on adding one more time to the LP this month then focus on staking or CubLife. Last time I put aside 1 LEO for transactions and the 4 transactions probably ended up taking 3 LEO or so.

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Last time I powered up 100 LEO on my main account, but after seeing that I was finally able to participate (at the start, no less) in the HLSHARE project, I think I'm going to let it accumulate, while continuing to make small power ups from time to time.

It was nice to have that HIVE available and I'm seeing the utility in keeping some tokens free in case another opportunity like that comes along again.

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Yea I only put in 20 HIVE into the HLShare project but I am hoping the dividends do pay themselves off in about 6 months like the developer believes.

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I purchased LBI recently and I understand that they pay divident. Can you please help me understand how they pay as I cant see any transfer from them.

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In the most recent quarterly proposal, the group decided to decline the payouts to build a stronger base for LBI. So right now it will not be giving dividends but I think there should be another proposal in a month or two to ask whether or not to continue postponing.

In general building a base for LBI is better in my opinion because after a 9 months or 1 year, you will be earning more since the starting point for compounding is higher.

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I couldn't agree more and was happy when they made that decision. Delayed gratification worked in this case.

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Yes I plan on voting to postpone on the next proposal too but who knows what will happen since the last one was fairly close.

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I agree. Building a strong foundation is paramount. All will reap better future benefits by way of higher dividends by following this course.

I plan to vote accordingly.

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Who's shorting DOGE right now?
I'd say ETH believers as ETH is enjoying quite an uptrend.

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Maybe that's only for those who are willing to tolerate the high transaction fees in Ethereum (and are also Dogecoin holders). 🤔

They do not want Doge to overtake 😂😂

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I am not long nor short DOGE. I didnt touch it at all. Those that went short yesterday appear to be doing well.

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I was thinking about that, but unfortunately haven't put it into practice.

Have to pull the trigger. If not, you get left behind.

Of course, cant be in everything so a lot of stuff is good to let run without us.

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Shorting is dangerous and I wouldn't want to do so with the chance that Elon pumps it up in a tweet.

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@deathwing put out the results of the first week of BSCBridge.

Some good numbers.

What is most interesting is the mention of some future ideas. A LP? That is intriguing. I love that this could be another center providing other financial options for people.

https://leofinance.io/@deathwing/a-week-of-bscbridge-or-over-10k-volume

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Yea the LP is really interesting and I think it would be great if he could do something similar to Hive Loans for funding. Will the people transferring continue to be that unbalanced or will it change to even as he expected in the beginning?

I think the hive loans investing was also good. I think I read in his comment section that the HL shares were expected to pay themselves off in 6 months if people were using it.

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Will the people transferring continue to be that unbalanced or will it change to even as he expected in the beginning?

I think it all depends upon the interest in Hive. If spknetwork does what I think it will, I have a feeling those numbers will switch.

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But by then would we not have the deposit fiat for HIVE feature by blocktrades? I don't think things will be ready for at least a few months and it may take as long as half a year.

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The addition of a purchase HIVE for fiat will be great. I hope it comes soon and doesn't carry with it the restrictions I have to deal with here in NY when it comes to purchasing crypto. (I can't move out of this damn state soon enough).

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Unfortunately task has said it would be opened to EURO first and I don't know how long it would take to get it working for the US.

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BT is only going to have EURO to start and that might not be here until the end of the year.

Plus none of this is dealing with fiat. The Hive to BSC or reverse is crypto-to-crypto. I think that is where most people are going to be operating soon. Essentially this is something similar to what BT does. Plus, let us not forget LeoBridge. Will they write hive into that app.

And HSC.

A lot of options being developed.

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Ah that wouldn't be including the US anytime soon since it would probably end up being hit hard by regulations. I don't know but is HIVE a ERC token, BSC token or both? I haven't bothered adding in HIVE from outside the system so I am drawing a blank there.

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What do you think of having a second nationality to facilitate our mobility and financial freedom?

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This is not a place to promote your own stuff.

Links to the works of others is fine but when you link your own stuff, you are just spamming.

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Ok I did not know now I remove the links and modify the comment.

Be sure to vote for @disregardfiat's latest proposal if you have not. This is one of the decentralized smart contract platforms that is forming.

https://peakd.com/hive-169321/@disregardfiat/proposal-for-multi-signature-development-for-smart-contracts

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just voted. glad to vote on anything that will make hive better. although I would have appreciated it if the post was more explanatory.

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Developers tend not to be great at articulating their ideas in ways most can understand. It is a common problem across the space.

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It took me several years to understand bitcoin... and now I'm part of the problem. 🙃

I strongly encourage questions and I don't mind having discussions for clarity sake on chain. It's hard for me to grasp what others aren't.

The stuff you developers take for granted is Greek for the rest of us. LOL

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yeah i understand, probably it is best to get a media person to handle things of this nature for them. my decision to vote for the proposal was based on recommendations and his track record. lol I did not understand the post very much.

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I agree. He is not very clear with a lot of things. I noticed that in interviewing him. But that is okay he is building things so we can figure it out, collectly.

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Hive Engine is also a smart contract platform, right?? I think I saw it on their site.

I will surely check this proposal. Looks interesting.

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Yes it is but it is not inexpensive and many question the decentralization at least with the honey pot.

That is a problem. We are going to see many take the proof of concept, in my opinion, and expand upon it.

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That's a great thing imo. If someone can make something better or add value to the existing projects then we should encourage it.

Voted for the proposal!!!

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I voted for it maybe a week or two back since I didn't realize he had a second one. But it looks like it is quite tough funding-wise with the HBD stabilizer in place

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That is true although with unlimited proposal votes, it could get funded. However, it requires the bigger account to do that.

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I think limited proposal votes make sense. I was just thinking about the priorities of the larger stake holders. It seems like the HBD stabilizer is the main focus and I guess it does help refund the entire proposal fund.

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Yes the term stabilizer is misleading. It is generating a huge amount of money for the fund. For that reason, I am in support of it. It will give the fund a much longer life.

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I guess the rich are trying to get out as fast as they can in India.

https://www.cnbc.com/2021/05/07/jetsetgo-ceo-indias-rich-are-not-the-only-ones-fleeing-covid-crisis.html

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It's sad what's happening over there. I recall reading about the low infection rates there last year and then now... Let's hope they get that situation under control to stem the loss of life.

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They say the second generation of these viruses is where the read danger lies. The newer strains can be of greater impact than the previous ones. That is scary. Let's hope the Indians can come through this okay.

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My question is whether or not the vaccines will work on the 2nd strain and whether or not it is the 2nd wave of lockdowns for us in the US.

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From what I understand, it will not. The second strains are different and most of the vaccines are targeted.

But who knows. I saw that some are saying that more than two shots are going to be required since some of this will not last long.

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The problem is they have no freaking clue if it will work on other strains or whether multiple booster shots will be required or not. They keep reminding us dummies it's the NOVEL Corona Virus.

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I recall reading about the low infection rates there last year

Ground reality is totally different. Even last year the numbers were fudged and you can 2x-3x them easily to get the real picture.

This year, you can 10x the official numbers!!! The government is hiding the data.

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That is no surprise. Why should Indians be any different than the rich anywhere else. That is an advantage they have. It is some that few in politics seem to understand. The wealthy, if they do not like how things are going, they just leave.

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The wealthy, if they do not like how things are going, they just leave.

true and I think that it happens everywhere. those who have money also have many options with them.

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We are seeing that happen within the US.

Those states that are getting dangerous and too onerous with taxation are seeing their wealthy leave. NY and California are two examples.

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Yes it ends up being a fact that those who can move will move when things are looking bad and only those who have no choice will be left behind. Its the same thing as the wealthier people in California leaving for a low/no tax state.

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Yep and all them moving here with their ideologies that got them into the situation in the first place. We should have a no voting law for 10 years after moving in.

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the second wave has impacted greatly India and maybe some rich people are trying to get out of the country. I think this is not a surprise because they have the advantage to move to another country at the time of crisis and come back when things are back to normal.

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Is it very common for this to happen in India? I would think that most of the people who keep leaving and coming back would have fairly bad reputations. I always thought that the people in India were kind of religious so they would stick it out if they could (minus a few who don't care).

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Oh yea. They have the privilege to do it.

I would have gone if I had a private jet. But I would go to Bhutan or something. Not that far!!

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It looks like oil prices might go up due to more issues with the supply side. Every company should be putting cyber security as a priority.

https://www.washingtonpost.com/business/2021/05/08/cyber-attack-colonial-pipeline/?wpmk=1&wpisrc=al_news__alert-economy--alert-national

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Oh yeah. In India cyber security and privacy is the least of concern. Our government websites get hacked every now and then. Puts citizens into a range of problems.

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Does anyone want to talk about Proof-of-Capacity cryptocurrency mining, like BURST (Burstcoin) or the upcoming BTCHD (Bitcoin Hard Drive)? 🤔 I really can't find other comments here to reply to. 😅

Please take note that Burstcoin is different from Filecoin, Siacoin, Storj, etc., such that the latter cryptocurrencies are derived from Proof-of-Storage mining, where you need to prove that actual data is both stored and available (more than 98% uptime) for downloading. That means even if you have 100 TB dedicated to mining, you won't earn Proof-of-Capacity coins unless other nodes have chosen yours to have a copy of their redundant (encrypted) data (shards) stored. 🕵️‍♂️😏

I don't bother with things like that. Are you taking part in it and is it profitable?

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It looks like cryptocurrency mining (that does not talk about profits from mining) is not talked about on LeoFinance. 🤔😐

Regarding profit, I don't think they are profitable (right now), but miners mine them mostly for fun. 🕵️‍♂️🤔

I don't think many people do but chronocrypto who runs the UTOPIS project does talk about his ETH mining earnings. He sells the ETH for fiat and then converts it into HIVE to pay dividends.

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Is this a thing now?:

California bar owner arrested for selling fake COVID-19 vaccine cards
https://www.fox6now.com/news/california-bar-owner-arrested-fake-covid-vaccine-cards

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This is totally a thing now. If the guy was just handing them out like he should, he wouldn't be getting in trouble. Selling them was his mistake. There is nothing illegal about having one of these things. The vaccine is NOT mandated. It can't be. It is not approved in any way, shape, or form. It is only "Authorized for Emergency Use". No one can be forced to get it and eventually the courts will rule on it. Of course it will only happen after the shaming....

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I am not surprised. We saw all the snake oil crap when covid started the lock downs.

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It is like getting a fake ID in high school. So a bunch of grown people are going to be getting fake ids all these years later.

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I had one of those in high school, but I never had the balls to use it. If I got caught using that my father would have 'whopped my ass' but good.

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Too many Covid related scams going on.

According to me, vaccines are the biggest scam.

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New token in the market. MEWLEO. Who's buying? Another Token similar to BRO. But only for the LEOs.

https://leofinance.io/@deathwing/auto-compounding-leo-rewards-or-announcing-meowcurator

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I read that. An interesting project. More being added to the mix.

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Another opportunity for us crypto investors. These amazing schemes keep popping up.

Too many tokens.
Too less funds.

😅

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Yep and much of it on Hive or tied to it. Amazing how things are spreading so quickly. We are at the right place, during the right time in my opinion.

It will only keep growing from here.

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100% Agree. You can call me selfish but sometimes I feel that it's great that Hive is so underrated right now.

I see this as an opportunity to BUIDL.

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I didn't want to delegate out my LEO but comparing the price of LEO on the market and the project, I decided to buy one to HODL.

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That's great J. I have experienced this myself. When you get in early, you get better dividends at least for the initial few days or probably weeks.

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Not sure if already mentioned here but how awesome is Leo Bridge and soon to enter Kingdoms. I'm stuck where to invest, I just dumped some more in bleo and BNB but I really wanted CUB. I seriously think I'll be kicking myself by the end of the year if I don't have more CUB. I'm in part glad paper hands left as it gives me opportunity to reclaim my losses from entry at $8 an $11.

However Bleo and BNB will be good long term holds as BNB rises you get more Bleo and as Bleo rises well you already know so yeah.

Thoughts?

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It is hard to say which is going to be a great hold. I dont think people will go wrong with any of them. I am hoping that once a few more features (development) is added to LeoBridge, we see a huge boost in the attractiveness of that application. That could really boost the burn of LEO and CUB.

Imagine if there was a billions dollars going through there.

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I think the biggest issue now is that bLEO is dropping while BNB seems to like to pump. So there is a risk in putting it in the bLEO/BNB pool and you might lose some BNB.

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Some interesting ideas about the viability and economics of super sonic flights

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It would be tough since the costs to do economically on a mass level would take a while. The tech still needs to be developed but I think Elon's model of dropping people off by rockets makes better sense.

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58sdn0.jpg

I don't think this meme need any explaining :P

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😂😂😂 I wouldn't bet on it either.

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LOL good one.

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glad you liked it :)

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Lol. It definitely is what we feel about him being a commenting bot and he still manages to pump out 3-4 posts a day.

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They see the SpkNetwork coming and decided to close up shop. LOL

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Can you blame them? lol BTW, did you post about that at all? Has anyone written a good take on where they think it's going?

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Well at least it leaves room for new projects and it seems like they felt that starting up a new project would be better.

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Must read for anyone who is new to Cub Finance or DeFi. Know the risks of price volatility when you pair tokens to invest in farms.

https://leofinance.io/@jfang003/cub-finance-learning-about-impermanent-loss-and-liquidity-pools

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Thanks for sharing and I am glad that me stumbling around taught you a few things.

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Thanks to you J. Every bit of information helps. Especially the personal experiences of different people.

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Top 10 Best MMOs From Elder Scrolls, WoW, Albion Online and more:

https://www.techspot.com/article/1963-the-best-mmos/

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I think I only played like half of them. But man Runescape looks far different from what it was in the past. I quit after my cousin somehow got my account hacked and I lost them party hats, halloween masks and other items.

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I was into WoW hard for almost a good year, so much so that I played on the floor so I wouldn't have to walk over to the bed to go to sleep. Kept my Dwarf Mage very busy. Had a regular pizza guy who would pickup the money in the kitchen and slide the pie over to me so I wouldn't have to move. lol! Good times!

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Lol. I was never really that crazy but I didn't play WoW as much due to the subscription model.

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5k hivepower would be great. although my building project is eating deep into my pocket but once I can sort most of it my stake will grow faster.

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No problem man. The money that you are earning from here if it's helping you in some way to get your life together then that's the best use of it. That's what it is meant to do. As you mentioned, once you are back on track, you can always BUIDL once again. All the very best to you!

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Thanks for the word of encouragement. Certainly, when I am done I will get some external inflow which j can always put in here. This is the long-term goal--to bring in value from external sources into the chain

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You are most welcome Bro. I am doing a similar thing, getting my fiat or crypto inside the HIVEverse whenever I can. Slowly and steadily it will build on its own.

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I dont have any. I just put my head down and remain active. What comes in is what comes in.

Setting goals is great to motivate one to take action and to keep an eye on the end result. For me, I am very motivated but by things more so that the amount in my wallets. I know they will keep growing as will all others if they remain active. I also am aware of what the network effect will do.

This is a multi-layered complex system that is growing organically. All of that will feed into something much bigger.

Posted Using LeoFinance Beta

I like to set my own goals so I have at least a minimum amount to work towards. Anything I can get finished will mean more for my bags in the future.

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People have different approaches. Most do better when they have their eyes focused upon where they are going. For me, we are a complex system that is expanding and growing so I know the token values will be there.

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I agree that we need goals to motivate ourselves and focus on achieving them by making an action plan for them.

I dont have any. I just put my head down and remain active. What comes in is what comes in.

That's a nice strategy T. I think you have spent enough time on the platform and truly realized its potential. Which is why you are fully committed to it.

I feel that after spending a year or so on Hive and achieving the bare minimum goal I have for staking different tokens I like, I might follow the same strategy.

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Well I made mine a while ago and I am sure you know since you saw my post. But I think I might of made it a little bit low just so I can invest more into the HE tokens.

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After spending so much time on this place and seeing the number of opportunities this place presents every now & then. I might have to reconsider my goals especially related to LEO staking.

I have overestimated my abilities. 😂 But you never know. If you keep at it on daily basis, growth is exponential.

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Hey guys , I was busy today as I had to take my father for 2nd dose of vaccine .

Everything is done and I just came home 30 minutes ago , will post the stats soon .

I posted this on yesterday's post by mistake .

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No problem buddy, take care.

And Welcome back!!! Waiting for the stats...

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As stated before, we do not really operate on a time line. Whenever you get to it.

Plus it will stimulate some conversation which is needed. Low numbers so far to start this Sunday.

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Take your time because we will be here all day. Did it take a long time for you to get the vaccine? My parents got their second shot taken done in 10 minutes then sat down for another 10. So it took at most 30 minutes from stepping in the doors and out.

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No it didn't take long once we got there but it took hours together to schedule the appointment .

We cannot go directly without scheduling .

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Edicted put out the tokenomics for his new project. It does seem interesting and it looks like he wants to incorporate NFTs and games too.

https://leofinance.io/@edicted/magitek-tokenomics

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Honestly majority of his posts go over my head. I have tried many times but I cannot understand especially when he talks about technical stuff. Am I stupid? 🥺

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LOL in part, maybe.

Actually he is very technical which is great. However, some of his concepts are haphazard and not tied together. My sense is he puts together ideas on the fly, which is great. So they appear in "rough draft" form. Some he keeps working upon, others die off.

But he is constantly thinking about this stuff which is great.

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LOL in part, maybe.

🙄😏

One thing I like most about is that he keeps questioning the system and throwing out ideas to make it better. Especially when it comes to Hive.

Seems like he has a decent amount of experience in this space and spent years to achieve what he has now. It's cool. Maybe one day I will start understanding what he means. 🤓

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No I think he is still fleshing out the idea and I think it would be easier to experience it for yourself. I think it will be a new token with a new system so it will take some effort to get us to.

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Yeah. I will try to understand what he wants to create exactly with this new token. Looking forward to get more information on this.

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I read it and it is a bit complicated. Great to see lots of progress going on though.

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Yea there are still a lot of things that need to be fleshed out and I think we will probably learn more when it launches the alpha. But I fully expect this to take months before it comes out due to his emphasis on making it as secure and decentralized as possible.

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I have been falling behind on my reading. There is so much going on I am trying to keep up. Between commenting along with other content creation, it gets tough to remain on top of things.

I will give it a read.

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It's pretty scattered without a lot of detail. I wouldn't stress too much about missing this one. He's still organizing his thoughts on how he wants it to look and operate. I would guess his next update will be more focused on the nuts and bolts....

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It's a decent read but its a bit complicated to explain. So I guess so you can call it as another Dapp that takes in HIVE and tries to burn enough to be sustainable.

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Same here. Today I wanted to make a post on LEO but it rained heavily at my place and I was out, stuck. So I am sticking to commenting for now. A game we can play from anywhere. 😁

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I need more time to read this post so bookmarked it and will go through it later.

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Do you think Dex and Defi exchanges will replace decentralized exchanges by 2022?

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Did you mean centralized exchanges?

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No centralized exchanges will be around for a while and I don't think that will change because there needs to be a gateway to fiat.

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The commenting in HIVE is getting pretty good and I like the fact that the top 3 people are regulars in the chat. Good job everyone who is in the league.

https://leofinance.io/@abh12345/the-hive-engagement-league-6y3dbs

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Looks like I didn't make the list at all. Wonder if there's a mistake in there?

Maybe it's because I switched most commenting from my main evernoticethat account to this one?

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I believe you need to sign up for this one. But it could be a factor since this is from all front-ends and not just LeoFinance.

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I've actually been featured in the top ten as evernoticethat. Maybe the switch to the new account confused things? I don't recall having had to sign up with my main account.

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I think you are confusing the LeoFinance Engagement League with the HIVE Engagement League. The HIVE one requires a sign up while the LeoFinance one has the top 100 commenters using the LeoFinance front-end.

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Yes, I was signed up as evernoticethat, here's the link to me showing up in the top 40, 28 days ago:

https://hive.blog/hive-167922/@abh12345/the-hive-engagement-league-3anais

So maybe you're right and I need to sign up the new alt account.

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Things are starting to move a bit on that front. We are seeing a bit of increase in activity although I am not sure how much it is this room. We do a fair portion of the commenting, at least on Leofinance.

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Yea the commenting is mainly from LeoFinance with a few odd ones not here. I think I also see a few people who are also very active on the PoB front.

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Welcome to another edition of @leomarkettalk.

Yesterday we had a good day, topping the numbers for last week. We did over 600 which is up from our usual Saturday numbers. We also topped our minimum target to reach our monthly goal.

Today, even though it is Sunday, let's aim for at least 700.

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I bested my own numbers form yesterday and will keep going (might take a nap here or there) :)

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Congratulations man. You are doing a great job and inspiring others to do the same. Cheers! 🤞

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That is awesome. Personal records being set are great to read about.

Good job.

That said, anyone can set a personal record once. If you want to do something truly special, do it again. 😁

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Good job beating your personal best. Are you going to increase your goal from now on?

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700 might be possible but I don't have much material for top level comments. Not much new stuff on the weekend.

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It is very tough, you are right. We will have to pull up some stuff and hope to get a few really long conversations going.

That is also why two rooms on the weekend would be very difficult. Getting enough content for top line comments in both would be a great challenge. Perhaps we need to spread our search out. LOL

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I went checking for the ctpchat and they were empty today. Someone forgot to make a post.

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:) consistency is important...

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Yeah, it's tough on weekends. I'm at an article about Kurt Cobains hair going up for auction. Somehow, I don't think that would spark some heavy conversation! lol

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You never know. That might end up being the most popular topic on here.

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I still think he was killed, not buying that "suicide" at all. I think he either went into that greenhouse to hide and was found, or was drugged and then "done" afterwards. If he'd left her as it was reported he was planning, she would have lost everything.

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I see that in the weekend numbers are usually low and weekdays adds up more comments especially Monday. am i right ?

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I wouldn't say low, but lower than during the week. But we've come a long way from where we were when trying to cross 300 comments a day. Things are much improved now.

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I wouldn't say low, but lower than during the week

Thats what I mean and yes we have certainly come a long way. Things are improved and expect more in the coming days.

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Yes the weekends tend to be the slowest days of the week and Monday tends to be the best day of the week for comments.

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Yeah. I see.. Its like we are more excited to comment on Monday so tomorrow we are going to have many more comments it seems.

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We will put out a huge goal for tomorrow. That means people who are on here when the new post goes up at 12, will need to really post a lot of top line comments to get things rolling.

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I am slightly late to join for the last couple of days but I will leave many comments. Will try to join in early morning tomorrow.

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I'm not traveling today so I have high hopes :P

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I am here getting some work done today. Many years ago when I worked in the restaurant industry, it was the weekends that were crazy busy and Mondays were the very slow days. The last restaurant I worked in was closed on Mondays. I don't miss those days. Way happier doing this. 😃 And Happy Mothers' Day to anyone here who is celebrating it.

Do you read manga, web/light novels or watch anime?

It is one of my hobbies to do during my free time and I tend to read manga and novels lately. I haven't been keeping up with my anime.

You would be surprised at how many mangas/animes have a novel version of it and my source of finding the translated version is https://www.novelupdates.com/.

Posted Using LeoFinance Beta

After my marathon on Star Wars I now have a bit of time to get back to my anime. I have a lot to catch up lol I prefer anime to manga but is good to know good places to check on manga :)

Lol. I tend to go to the aggregate sites for most things so I don't think I am the best person to ask.

Posted Using LeoFinance Beta

The only Anime I have ever watched is Death Note. And it was mind blowing. Never ready got into it again but I would love to. Please suggest some.

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Isn't anime porn?

Asking for a friend.

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Death note was more of a mystery where there were a bunch of smart people trying to outsmart each other. Basically people die when you write their name in a notebook so the detectives and criminal fight each other out.

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It was brilliant but the ending was not so satisfying. Not for me, at least.

SPOILERS AHEAD...
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I don't like it when everyone dies, especially when one of them is the main protagonist. But the world is not a happy place. :D

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That's called 'Hentai' I guess. 😂

My friend told me just now!

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Lol. It depends on what you would like to watch. Personally I like the mystery section since the other world stuff seems like something people would hate or like.

I think I would suggest Erased if you like Death Note. Its not as crazy with people dying left and right though.

https://www.imdb.com/title/tt5249462/

Posted Using LeoFinance Beta

Awesome. Thanks for the recommendation. I will have a good look!!!

Btw I love Mystery, Action, Crime, and everything in between.

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I've seen one film, but don't really know much about it. My friend got really embarrassed when I asked him about his hentai collection (which he doesn't have). I thought it was just another word for manga! lol

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Hentai is a weird thing and I honestly don't understand some of the fetishes they have. One of which is tentacles which seems gross to me.

Though I did spend BTC on a game called HentaiVerse before. It was a fun experiment when I was delving into the space.

Posted Using LeoFinance Beta

I had no idea what the word meant, but the smile and the color change in his face made me wonder if I'd made a huge faux pas.

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Do you know what the word means now? Its essentially the anime word for the porn category. It wasn't really my thing and I couldn't get use to all the fetishes that the Japanese people had.

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Yes, I know now! lol

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There is an app called Hendroid that my friend swears by.

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No I do not. I tend not to have any free time. LOL

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I read every night before bed. These days I'm lucky to read a few pages before I fall asleep but I'm working my way (very slowly) through Robert Jordan's Wheel of Time series. Thousands of pages....gonna take a couple years. lol

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That sure is a long book if you are only reading a few pages a day so good luck.

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well i am thinking about starting castlevania on netflex...my favourite anime would be death note. haven't had time to watch any of late. i find it hard to watch movie.

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I haven't watched Castlevania as I never really got into the game series but I have also been slacking on my anime as well.

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For any LBI holders, we got a proposal. Make sure to read about it before deciding but I have made up my mind about it a while ago.

https://leofinance.io/@lbi-gov/lbi-governance-team-we-have-a-proposal

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It was voted upon and looks like it is all one way. The proposal was not well received it seems.

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Yea it seems like the community tends to agree with the same answer. At least now people know about the proposals since I think we had a bunch of people who did not vote on the dividend proposal.

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Looks like klye is having some issues over there with the HLSHARES project. He was super cool when I reminded him that it had counted my first transfer of 100 HIVE correctly and sent me the confirmation. But then I sent another 150 HIVE (for a total 0f 250), yet it counted it as only 1 HLSHARE.

He adjusted the numbers on the website so they were correct and then started an audit after others had issues, but I'm still waiting for my 2nd deposit's confirmation. Now it seems PeakD has caused a problem with the calculations, so he's doing the whole thing over again after he gets some sleep.

Sigh...

I'm very polite, but I'm starting to get concerned. Figures, I FINALLY get in early with a project and this happens. I really hope he gets this resolved when he wakes up.

Posted Using LeoFinance Beta

Well I think there is still shares left over and I think you are in good hands since he isn't taking in more shares right now. At worst you can grab some of the shares once they hit the market after launch.

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Actually, sales weren't frozen at all and at the time of the message stopping sales there were over 2000 left, now there are only 501 HLSHARES left.

Maybe you know this guy, but I don't.

So I'll be in good hands when I receive my confirmation memo for the 150 extra HIVE I sent in as some people who ordered AFTER me did.

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I don't know him exactly but I don't think he will mess up giving you the shares. There are still 90,000 shares he has not released yet so I think he will just give people what he missed since it was a mistake on his part.

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@klye.

Here is one for you to take a look at. This one got overlooked it seems on your list.

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More than 440 financial firms have moved some operations to the EU, resulting in about 7,400 job relocations and a 900 billion-pound ($1.2 trillion) shift of assets.

It looks like the media is finally starting to report the fall out of the lock downs.

https://www.bloomberg.com/news/newsletters/2021-05-08/lockdowns-leave-london-broken

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The world is changing so quickly especially in the world of finance.

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Yea I am wondering how it will affect the landscape in the rest of the world. The funds will move elsewhere and I am hopeful it will move partway into crypto.

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NY, London, Chicago, SF...all going the same direction.

The question is how will these cities fare going forward? Many presume they will bounce back since that is what cities always do. I am not so sure.

Do you think there could be long term shifts that doom them for a long time?

Posted Using LeoFinance Beta

Guess they will just need to increase the taxes of those left there which will cause an even greater exodus of those that can afford it. Then only the poor will remain.

Posted Using LeoFinance Beta

That is something that seems to be happening. The bulk of it falls to the middle class. As the higher income people leave, the budget needs to be sated. Those are the ones who are hit with higher taxes.

Posted Using LeoFinance Beta

Do you think there could be long term shifts that doom them for a long time?

Probably for a few years at least. I think people will move back there eventually but it will depend on the state of the city by then.

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Couple this with the defund the police movement and these cities are in trouble for at least the next couple decades. I agree, at some point people will move back. Location is still location and the centralization of these metro areas will continue to hold a lot of value for social and sports venues. But for living and working....? They are completely destroying the property values over the short to mid term. The rich will get richer as they swoop in and pick up cheap and depressed properties they can afford to hold onto for a while, while the poor get poorer trying to keep up with the taxes these cities inflict on them for amenities and protections the cities defund in their efforts to continue to buy votes. Pathetic.

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If they are willing to hold that real estate for a couple decades until the people return.

Of course, there are a lot of US cities that were once great and now are shitholes.

Baltimore and Detroit are two that come to mind. Will some of the others follow suit.

Posted Using LeoFinance Beta

This reminds me of the commercial real estate market in New York because most of the mortgages and loans are signed by a group of debtors. They prefer to have a building empty than to decrease rent because it would mean they have to get approval of all the loaners.

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From what I read is that companies are not defaulting on their rents but the sublet market is seeing a huge amount of volume put up.

That means companies are still paying yet they are not using the space. We are about 14 months into this thing. Since companies operate, typically, on 5 year leases, that means 20% of the space will come up on average a year. I wonder how many are starting to really buy into the idea and just giving up the space or downsizing?

Posted Using LeoFinance Beta

At this point I have given up on the police in the big cities. If the people want to vote people in that want to defund the police then let them suffer the consequences and learn that police is needed. I believe there was a state or city that abolished their police only to spend more money to buy them back after crime skyrocketed.

I am firmly in the belief that police needs reform but that does not mean defunding them. But if people can't think things through properly then let them suffer and realize that it is still necessary in the big cities.

Posted Using LeoFinance Beta

I agree with you. My view is that there are a lot of cities that are going to end up like Detroit, Baltimore, Newark, Camden, and Cleveland. Many of these were once great, if not at least productive cities, that are now shitholes.

We might be seeing that from some of the bigger ones.

Posted Using LeoFinance Beta

We have a TON of people from New York City that have moved here they say because ofthe lower crime (they brought more with them) and the lower housing costs (not any more, owners have gotten wise to that are are jacking up all the rents).

We are now a mini version of the wild west with shootings, violent muggings as we are dangerously close to Philly and NY. I almost wish we were 500 miles due west, so that we'd be too far outside their orbit.

One thing that shocks them is that here they put your photo and block address in the crime section when you're arrested. We also have no problem showing up to testify against them in court. They'ren always surprised about that. Our prison is filled with big-city people who don't know how to live in a small town.

Posted Using LeoFinance Beta

Yep. And they also bring their voting habits with them. They flee the area then vote in the same policies.

As Ron White Says, you cant fix stupid.

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they shifted because of lockdown but now in UK there is no lockdown right? Once lockdown is over completely then are they going to come back?

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I don't know but the after effects of the lockdowns will not change. The life style of people have changed and they realized they can get more done digitally so I don't think all of them will come back.

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I agree with you that things will never come back like before and there is certainly a change in lifestyle.

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I would say the UK is screwed, especially London. It is another overpriced city that is going to suffer the consequences.

One advantage in the UK is that I dont know the land situation. In the US we have plenty of it meaning there are a lot of placed for people to move. This is something that technology and the work from home idea is going to bring to the forefront.

Posted Using LeoFinance Beta

The UK has gone through a tough time for sure because of covid. I agree with what you said about the US and UK difference in terms of place and space.

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Looking at the map, I think our country is just about the right size which helped fuel massive growth in the last century. I was reading that Russia for instance, has problems shipping items from the populous west to the more sparsley populated east. If the US were the size of South Korea, we'd face limits on exports as we might not be large enough to have the resources for it.

Posted Using LeoFinance Beta

If the US was the size of South Korea, that would make it one big city with 320 million people stacked on top of each other.

Resources are becoming more abundant as technology progresses. That is what is cool about things such as vertical farming, 3-D printing, and other technologies that are decentralizing things. It removes the hassle of having to move products especially food, around. Plus with the ability to do things online through crypto, we are going to see a lot of things change in the workplace.

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That might do well, he's still popular.

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Are you planning on buying it? I am staying away from ETH so I am not taking part.

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Was that the one that was going for $1 million?

Whatever the cost, I dont think I have the funds. I am a bit short. Need more crypto to get into that category.

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I think your article yesterday said it was going for a million.

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I am a little short of that level. Maybe next time.

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If you sell the Stradivarius, you might have enough. :)

Come on Task, we all know you live in the very exclusive, roped-off section of that island down there with Madonna and Gloria Estefan. Next time you pop over for drinks, tell "Madge" we said hi!


source

Posted Using LeoFinance Beta

Fandom makes NFTs rock!

I am sure many people would bid for this. Good thing is that 90% of the money collected from this NFT will go to Pele's charitable foundation.

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It will become more and more common to turn important icons in the world into NFTs to be definitely immortal.

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Yes Task, I agree. coyotelation is indeed an important icon. :)

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Soon we are going to create a @coyotelation NFT. We will break it up and sell it for a billion dollars. With it, we will buy Hive, Cub, and Leo.

What do you say?

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Hahahaha ... excellent idea. We just need to find someone to buy at that price :)

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We will break it up and sell it in pieces. Many NFTs based upon the first BFT.

So we dont need to find one person with a billion dollars but a billion people with a dollar.

Then we are golden.

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Okay everyone. We have only a couple hours left on this Sunday. It was a poor day overall. Not that surprising considering it is the weekend.

However, let's have a kickass Monday. It is usually our most productive day. Let's get a ton of top line comments going early on so those who show up later have a lot to get involved with.

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I have to go shopping soon so I guess I might be a little bit late. It depends on what happens and how long it takes. It does suck that we didn't manage to get 500 comments today but it is Mother's day.

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I almost forgot about 'Mother's Day' until I saw posts popping up on Hive Feed. :D

It reminds me of the days how FB used to help me remember wishing my friends on their birthdays.

We should have such a feature on one of the front-ends, maybe on peaked!! Great for community building.

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Monday is the bomb! I am ready for it.

It has a "Go get it" vibe to it. A fresh start to the week.

Let's crush it, people!!

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The future of AI leaves us with few options.

  • Stop all research and development into AI and remain the dominant species on the planet (which isnt going to happen).

  • Develop AI and allow it to become the dominant species with us taking a back seat to it.

  • Merging with AI so that we can upgrade ourselves a million times faster than we can now.

These are really the only choices when you think about it.

Posted Using LeoFinance Beta

I guess I would go the cyborg route. Don't really want to live forever. Being superstitious as I am, my brain may survive in a chip but my soul will go where it goes.

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In the effort to automate we never realized that we would lose control of the boat and we would hand it over to a machine with the ability to solve problems more easily than someone of flesh and blood!

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Very true although there are many issuing warnings and actually taking some action. The entire Brain-to-Computer Interface research is meant to keep humanity up to speed with AI.

It actually looks like it will help. A bit part is to get passed the invasive aspect of having to drill into the brain. At some point, I believe they will be able to do it by attracting things externally.

Posted Using LeoFinance Beta

Elon also has something to do with one of his companies, they are successfully manipulating branches of the cerebral cortex and they are doing it better and better!

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Merging with AI so we can upgrade ourselves is my choice.

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Without a doubt. I am actually excited for that. My hope is that all of this moves fast enough to happen before I meet the biological demise that comes with being old. I feel it is a cointoss if I will live long enough for a lot of this stuff.

Posted Using LeoFinance Beta

I think podcaster Tim Ferriss will be the first heavily augmented human. Eventually, the only thing original will be the head. Now, he hasn't started on this journey yet, but body hacking is s subject he's long been interested in.

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Will.I.Am is working on a digital version of himself. Tony Robbins is working on an AI version of his teachings. Then we have Zoltan Istvan, who ran for President.

image.png

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Well it is moving quite fast but I think it will take decades to play out.

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Timelines vary so it is hard to guess.

Some of the top experts in the field believe we are still many decades away, even into next century before there is really much of a threat. For all the advancement of AI, it is still pretty "non-smart".

Posted Using LeoFinance Beta

AI is next-gen technology and I expect it will make things way smarter. The best of AI is yet to come and I am looking forward to it.

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I might give the cyborg option a try when I'll be old with nothing to lose :)

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well, i have commented several times on how I think the human species are becoming useless in the grand scheme of things. we are a dying species and many are unaware. the options for humanity are the ones you have mentioned. i don't see any other way. over 60 percent of the intelligence that exists is artificial. that says a lot if you ask me.

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This is a rather long read for when you have time but it is a very informative as to what Zuckerberg thinks about the Metaverse. As I stated he is looking to make Facebook the gateway into that world.

He already proved himself to be a dangerous individual (I believe a psychopath). For this reason, I believe we need to work hard at developing and opting for other solutions.

https://www.cnet.com/features/mark-zuckerberg-on-facebook-vr-future-new-sensors-on-quest-pro-fitness-and-a-metaverse-for-work/

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Yea he seems adamant on making Occulus the gateway to the VR realm and he has a fairly good lead. How much of the gateway will you think Facebook will control?

With my current understanding, I think he will control the gateway for about 50% if everything proceeds as is.

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It could be a lot more than 50% if you think about it. The headsets could give him a huge lead especially since he is subsidizing the price to get it in more hands. We will have to see what the others in the headset (or whatever is developed) market do to keep pace.

Plus with Horizon, he can control the platform. This adds a double-whammy since he will have both the gateway and the platform. I doubt he will AOL it so that you can only use Horizon but if that takes off like Facebook PLUS he has the headset market, that could be huge.

It is something that people have to think seriously about. This stuff is real and is happening now.

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Zucky boy a psycho? what make you believe that? :))))

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Californians having him electric bills and they are only going to go higher. This is something we saw in Germany.

How come there is little mention that a lot of the renewable energy thing is a shift of money from poor to the rich?

https://oilprice.com/Alternative-Energy/Renewable-Energy/Why-Californians-Have-Sky-High-Electricity-Bills.html

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Your source might be biased ( oilprice.com ) just saying :P

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That could be true. Of course, no more so than the renewable energy sites that refuse to mention the high electricity costs in both Germany and California.

So it goes both ways.

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Because it fits the narrative.

I personally am hoping that Tesla comes up with cheap solar so California can adopt it. I know they are trying to take more of the market and their work seems to be the best so far.

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Tesla is going to have to figure it out. The holdup is what they thought was going to work is not. It isnt the technology as much as the sales process. More than 50% of the cost of solar panels is selling and marketing costs.

Tesla figured it could destroy this, which is can. The challenge is that each roof is different especially when you factor in rot and things like that. So it is ending up more costly than people are being quoted.

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Its the issue with every business but I really wish they move things when things were economically sound rather than at a time like this. The rising costs isn't good for anyone when we got a crippled economy.

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I just did my Candies for the day on Coingecko. Today was the 100 Candie level for me.

How about you? Did you get your Candies today?

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I am going to go register now. I use Coingecko pretty much everyday. I prefer it over Coin Market Cap.

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I do too. Might as well get some goodies for your patronage. Even if we dont know what the heck they are used for at this point.

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I got 20 candies since I missed a day and had to reset yesterday.

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Great job. Yeah it is hard to remember at times. We will keep mentioning it in here so people are reminded.

A fun little game. One of these days maybe someone will look up what can be done with them. LOL

For now we just play around. The age of abundance before us.

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Mostly subscriptions, discounts and a couple NFTs from the quick look I gave the rewards. Quite a few of them (2 pages).

I collected my 100 yesterday and thanks to the posted reminder just restarted at ten for this week.

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We will have to keep posting reminders in here. A lot of new people getting involved so we will have to cultivate the habit.

What the hell it is all free so why not? Get a few different things for just pressing the button.

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And free is in my budget....

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Free can provide an incredible ROI.

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I got my 100 today as well. Like I said yesterday, my highest returning investment of the week. :-)

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100 is great. congrats.

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It just takes 6 days of pressing the button to get to the 7th which has 100 CANDIES.

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LOL yes it cost nothing so the ROI is infinite.

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It just takes few seconds but keeping it remembered is a bit difficult.

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Thanks for the reminder. I got 20 added today and hold 40 now. May you can remind through this every day. Its helpful.

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I think we will keep posting about it for a week or two to help people remember.

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Can we have this as a daily reminder? 😁 I forgot about it already and now doing it right away.

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i keep forgetting. in fact, i haven't logged into my account and I use the app almost every day. should get back on track. thanks for the heads up

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A great habit to get into.

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Sure will. I will set a reminder even.

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Well incase anyone wants to jump on the bandwagon for Panther. I think I'll sit it out and if it adds up in UTOPIS then I will have indirect exposure. Of course DYOR.

https://leofinance.io/@chronocrypto/over-2000-apy-super-dedicated-team-my-own-opinion-dyor-for-utopis

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I am just sticking with Leo Finance for now. Ain't much sense for me to spread myself too thin.

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I agree with you.

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Same with me as well and instead of jumping on something else I would like to give more time to leofinance.

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I saw that post. No point for me to jump into other things. I will stay with Leofinance.

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Yea I don't plan on entering either. I am already losing out a bit due to IL on CUB but I think it be profitable in the future. No point in jumping into a fire pit when I don't understand enough about it.

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With rug pulls and all that stuff, I dont see the need to assume more risk. It is probably fine but that is always the case, until it is not. Plus there are only so many resources to go around. I am still filling my bags of other things.

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Totally agree. I'm all in on defi with Cub. It either works or it doesn't but at least it will happen on it's own merits rather than a team of scammers. Personally, I think it's going to work in a huge way. All it will take is some time. And, the longer it stays below the radar, the more bags I fill. Perfectly happy waiting and filling bags until they hit the mainstream radar....

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Yeah people need to remember that it is less than two months old. And the new developments are really going to help a great deal. As long as it is off the radar, I am happy. Get the price down as low as it can be so that we can load up.

That is my view anyway.

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Difficult to manage many things together now so I too have no plan to enter this.

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If I had extra, I would have. But there's too much going on in the Hive verse itself. I am fully loaded for the next 2-3 months.

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Not a bad suggestion considering the big run up. Silbert says that DOGE holders should move their holding over to Bitcoin.

https://cryptopotato.com/dogecoin-holders-should-convert-their-doge-to-btc-says-barry-silbert/

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Good advice. I don't see this DOGE phase continuing much longer. People are fickle and the fad will give place to something else.

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I havent followed if closely other than just headline reading and twitter watching.

You could be right its 15 minutes might be up.

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I agree and it looks like the DOGE phase is over already as I can see a big dump in the price today.

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Well I would probably do that if I had Doge since I think the risks outweigh the reward. But depending on the person they may say ETH instead.

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Yeah well the problem is that we are jilted towards DOGE since we arent buy into the idea. So to us, it is a no brainer to bail. Those who are in it have a different view. Either they are blind or they see something we do not.

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But what is their vision of Doge? Elon Musk? The new world's reserve currency?

I have no idea.

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I have no idea either. But in spite of the vision of BTC, other than SOV, what does it do? I dont believe it will ever be a currency in the traditional sense nor do I really buy into the idea of a financial system where BTC is the foundation through collaterialization. I think there will be a bunch of stuff that serves in that role.

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I would move them to stable coins and then to bitcoin when bitcoin is cheap but to each their own :)

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People are going to lose money when Doge fad is over. Because it's going to die sooner or later. Best time to jump onto other Cryptos with real value.

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That is the most likely outcome. DOGE has either a lot of people with great insight or they are going to get hung out to dry.

The later is likely but who knows, maybe there is a lot of insight there that the rest of are missing.

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..maybe there is a lot of insight there that the rest of are missing.

Community is the king. If they start supporting a shitcoin then it will pump. Apart from that, I don't think we are missing anything.

Whoops.. we are missing the Doge Pumps. But that's okay, I am happy to miss them because there is a high risk which I cannot afford to take right now.

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Companies are starting to see the impact of 3-D printing.

For all their ills over the past decade, General Electric got it right with 3-D printing. They made a huge investment in it. They are now saving 35% over casting.

https://3dprintingindustry.com/news/ge-cuts-costs-by-35-in-move-from-casting-to-3d-printing-technology-189798/

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Its sad that GE has dropped so far down but I think its good that they are using 3D printing to cut costs. But will it rescue their business? I don't think so and I think they are a dying business.

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Their big blunder was buying Westinghouse and investing in nuclear right when it was turning South. The country soured on that industry quickly and GE was stuck. Plus they took a bath on GE Capital during the last financial crisis. They were a major lender to businesses for office equipment and such. They got hammered when businesses closed up shop. They ended up selling to to someone for a song.

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I think I said this before, but the GE Capital fiasco did me in on it. I cut my loss at that point, sold, and finally got a good nights sleep. For a while it was a nightmarish investment for me. A cascade of bad news after bad news, repeat and repeat. Don't miss holding GE one bit.

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Yeah it turned into a goat fuck for many people. The company went from one of the strongest to a zombie very quickly. I havent looked at it in a while but their 3-D printing acquisitions were strong.

Want to really have fun: look at the charts of GE ad Honeywell.

No contest.

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Yup, and the goat fuck was the result of the cluster fuck going on in the Executive Suite. When I got out of GE I considered Honeywell. To this day I won't compare GE with anything. Years later and I still can't get the taste out of my mouth.

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Well years later it doesnt appear to be much better of a company. Seems they are still on the same roll.

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35% is huge! 3D printing saves a lot of time and resources and no wonder GE wants to be in on it. Moreover they have to go for such options because they are in a very bad ship right now.

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They bought two of the leading 3-D printing companies a number of years ago. I thought they were one to watch. I would have invested in GE for the exposure to 3-D printing but their legacy businesses are just too screwed up.

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Here is a fun question most can part take in.

What are your thoughts of tokenizing a professional sports team? Would you participate and put money into it?

If so, what sport/team would you like to see tokenized?

We know professional sports are big business and that fans are customers.

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tokenizing a professional sports team sounds a good idea but I am not much in sports so can't suggest any.

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My Philadelphia Eagles. But it would have to be something unique like a hologram or something else cutting-edge.

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I have no idea but I would probably say the Lakers/Clippers for me. As for putting money into it? I would say no given the current NBA landscape of politics (Lebron you are the reason why).

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Dallas Cowboys #howboutdemboyz

Our arch-rivals...

I miss Buddy Ryan!

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Like I miss Jimmy Johnson as our coach @evernotice.leo

Damn living in the past much.

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Dick Vermeil.

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Good 'ol Buddy was crusty and adorable, they loved him in Philly! :) Never be another like him.

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The Super Bowl title didnt hurt. Winning has a way of endearing a coach to fans.

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Shitty drafts. Terrible owner from a football perspective. Great from a financial one.

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The owners of my favorite teams are the biggest problems, but definitely great from a financial standpoint; none more than Jerry.

Jerry is like Al Davis and George Steinbrenner were for years. They thought they new better than their people.

Their egos got in the way.

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@taskmaster4450le oh my spot on. As a fan, you are always excited they will splurge for certain players; but not allowing those that know how to actually manage a sports organization is the major issue and why my teams haven’t won more championships.

Championships are won by the totality of the moves, not the signing of just stars. It is easy to figure that a star player will help. But it is the role players and the intangibles that win the titles.

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Oh add James Dolan to the list with the Knicks.

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I think this will definitely happen for most teams at some point. There will need to be a couple "leaders" that try it and figure out the pitfalls but, once they do, I would be very surprised if most other teams don't follow suit. I'd love to see the Vikings do it. I'd certainly pick a few up just to have them as "trophy" assets. I wouldn't really do it as an investment. Which is one of the reasons I think it will eventually work. The use-cases won't really need to exist. They'll be more in the collectible realm.

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The Packers already have something fairly similar although not tokenized. They have shareholders although from what I read they are basically worthless certificates that give people no input or financial gain.

Tokenization is going to enter all areas of life; I am convinced of that.

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Don't like Sports much but I would put my money in cricket teams of Indian Premier League. There is one team called Chennai Super Kings which perform better than most teams in all IPL seasons.

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From a return on investment perspective, the New York Yankees. Why? Well first you have the size of the market they serve plus a wide and enthusiastic fan base. Plus, they are about the best team money can buy in baseball.

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Yankees, Cowboys, Raiders, and Lakers are probably the best in American sports from the profit perspective.

Plus, they are about the best team money can buy in baseball.

Going on 12 years without a championship so I would say there were a lot other other teams that were better. LOL

Actually that title goes to the Dodgers the last 5 years or so. They outspent the Yankees by a fair margin over that time.

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Yes I guess I'm still stuck in the Yankees hey-day of a decade or so ago. Ah, those were the days to be a Yankee fan. A bag of shelled peanuts, a beer and a Yankee game made many a great Saturday afternoon for my friends and I.

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They still make a ton of money so from that perspective you were spot on. So if I was going to hold baseball tokens, it would be the Yankees probably over everyone else.

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I am not very big on sports, but since I grew up in South Jersey I would say the Eagles, Phillys, or Flyers all Philadelphia teams.

Now that I am back in Pennsylvania it fits. I always liked the Panthers though. I lived in North Carolina for quite some time.

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Your post was promoted by @amr008

I don't think I have ever watched the Faces of Death so I might watch the reboot if I have time or remember.

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Tell me the truth now guys and gals. Did anyone really NOT see this one coming?

https://leofinance.io/hive-167922/@reonarudo/profit-taking-in-doge

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I don't have an opinion on that because I am not holding most cryptocurrencies, DOGE included. 😅

What I know is that Dogecoin is a meme coin, so there won't be long-term support. 🤔🙂

No use case and infinite inflation. I don't see the price evaluation but I guess the guys jumping in did.

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Lol, I saw this one coming long back. But I did not see the DOGE pump coming. It might come again, who knows.

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I saw it coming because SNL didn't live up to expectations.

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Doge tanked bad. I wonder if the 'Dogefather' tanked as well. I couldn't bring myself to watch that shit last night.

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I wonder how much Doge Elon had. Because that will determine if he cares or not.

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Was it a flop? I pay no attention to it.

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Yea it was a flop. It was a sell the news even like everyone expected. So the people who sold during the run up before SNL or bought in really early made out with the profits.

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Flop how so? Were the rating crap or did Musk suck bad?

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I don't know about the ratings but the price didn't do so well and Robinhood had another crypto outage.

https://www.cnbc.com/2021/05/08/dogecoin-price-plummets-as-elon-musk-hosts-saturday-night-live-.html

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Yeah. I have no idea.

Personally I am not going to buy or sell Crypto based upon a SNL appearance. If my token is affected by that, I probably should not be in it.

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lol it was fun while it lasted. but I still think they would hit the $1 mark but I won't still wont touch it.

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My money is not going into it.

No way no how.

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Let's not lose hope :)

HODL CUB.gif

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Well I have no plans on selling so yes I will HODL.

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That's it! HODL!

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lol where is the price at now? i haven't checked in a while...

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I think it has been more or less floating around $2-$2.25 or so.

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That's not bad. Why are people panicking? I thought it was around $1.5

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They are worried because they are getting impatient and want quick returns.

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They could try cosmos or apedefi, or any of those weird defi platforms out there. Lol

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Right now, it's $1,833. I am now buying some more :)

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That's great then. Fill your bags

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It's sale time so buy more. :D

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Not sure what this says about the state of the world when the pet of the former first family has a Wikipedia page.

Nevertheless, Bo, the Obamas dog, passed away at 12 years old.

https://en.wikipedia.org/wiki/Bo_(dog)

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I am guessing the condenser just doesn't like the () for the link.

It's the weirdest thing and I don't know whether or not I would trust Wiki anymore. I go there for general stuff then check other sources since they are biased.

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It certainly went political. That cant be disputed. For general stuff it is okay but be careful of what we believe.

Too bad the decentralized alternative never took off. We need to get that going somehow. It would be great if that were on Hive.

But I dont know how you do that open source or without moderators who can be biased.

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I think I heard that one of the founders of wiki is making an open source version which should have things in place to make it less biased. But I don't know if it ever took off and whether or not they have succeeded.

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Yes I believe it was called Everpedia. I have no idea what happened. If I recall it was looking at Ethereum.

$50 for an entry and update probably doesnt work.

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Yea I don't think so either but I think they might do something like the other systems where you can move funds inside and use it there. It is probably only a temporary fix though.

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A great post by @spinvest about collateralized loans in the future and how they can radically alter the landscape of lending. This is something that I agree with and can see it happening. As we move past the excessive yield farming, we can see legitimate opportunities within DeFi.

Check this out and give it a comment.

https://leofinance.io/@spinvest/how-the-next-generation-will-build-wealth-and-not-debt

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I just saw that pop up on Hiveblocks and had to read it. With a crypto loan, not only is everything easier, but you have the benefit of not putting your credit score at risk. This is going to shake things up for sure!

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Yes and you end up controlling things because if you are near the time where they will call the loan, you can always add more collateral. It could be built in like overdraft protection.

Plus, the underlying asset could keep appreciating while you are paying back the loan. Imagine being able to do that with a lot of things.

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Or the asset could deprecate a bunch and you are going to need a whole ton of collateral. I wonder how well this system works for the people who FOMO and buy in at the top.

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The value of the asset isnt really an issue I dont think because the collateral is not the asset. Thus, in the example, the Bitcoin price is the variable.

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Yes but if you were already taking the loan near the max and Bitcoin drops, you have to add more collateral. So what happens when BTC gets the normal 50%+ drops at the end? I find it is going to be tough for people to make up the difference sometimes.

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Yes well that is why they do not give 100% on the BTC.

So in the example, $200K in BTC collateral for a $100K house. If the price drops 50%, then they either be liquidated or they will have to put up more BTC as collateral. The house could have gone up or down but that isnt really part of the equation.

If they have no more BTC, the collateral is taken and the house is still theirs.

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Do you think its possible that the current system will try to incorporate this into the existing credit system?

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I wouldn't be surprised, once they begin to see it as a threat to their business.

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It might but I have a feeling it will be pushed from outside the existing financial system. This is really going to alter how the establishment is affected.

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I saw this in feed earlier today and I think the yields will still be better than the traditional banking system.

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I might end up turning this into an entire post but I thought I would share the idea in here.

LeoBridge, if successful, is going to make the price of LEO skyrocket. Keep in mind, everything in DeFi is based upon value in USD. Thus, if there are large sums of money, in USD, flowing through, the more LEO that is required. OF course, there is a cap on the amount of LEO since it is not vey liquid.

This means, to be able to service big numbers, if they come, the price of LEO, in USD, has to go way up.

Something to think about.

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I think I saw it in the announcement but they mentioned that there are other bridges available and haven't went back to see how people responded. But I think it will be a comparison of how much things costs because people will flock to the cheapest option.

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I am not sure they are available yet but they are coming. I believe Thorchain will be something they integrate with.

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Yea the rune manninet was mentioned in their announcement. I believe they said it should help remove Impermanent Loss right?

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I dont know if it will or not. We will see what comes out. They are in progress building which is good. Time will change things completely.

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At least it landed in the ocean and not on land.

https://etatv.net/chinese-rocket-wreckage-drops-into-the-indian-ocean/

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That's good to know. I am busy trying to catch up with everything so I haven't checked the news yet.

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Yes, and they'll be sending these things up regularly until they complete their space station, so we'll see more of this.

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Well if they can hit the ocean then it is all good.

If it heads to downtown Tokyo, probably not good.

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Phewww!!! Oceans are saving us most of the time!!!

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Elon's sperm token. I don't know if I should laugh or not. Make sure to DYOR.

https://leofinance.io/@trumpman/oh-god-2grma

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LMAO. So that's a thing!!! At least I learned some facts. 😂😂

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