Good morning on this sunny Friday. After a week without Market Musings, it's time again today to immerse myself in what has happened in recent times.
Crypto seems relatively stable right now
The first thing you notice, if you haven't had the time to check on crypto, is that little has actually changed in the past two weeks. Sometimes it seems like one day in crypto is enough to fall from great heights to deep valleys, or vice versa. And it now appears that little has actually changed in this period of almost two weeks. Although I would actually prefer to see this stability with slightly higher prices ... it does give me something to think about. I know there are people who expect that we will see a significant drop, with Hive, for example, dropping another 10 cents. I don't even dare to think about what Bitcoin will end up with. But if Hive were to drop about 10 cents, then it seems to me that Bitcoin should definitely drop by several tens of thousands. Do we want that? Not me anyway...
Now everyone can have expectations, but whether these expectations will come true is another story. The 'stability' now seen in the market for the last 10 days reminds me of a period I've seen before in crypto. It's too early to really compare, but this apparent stability gives me hope. Hope we will slowly go up again from here. And yes, of course, there will always be a moment when a dive can be observed. But it gives me hope that we are slowly emerging from the bear market.
Activity on Hive and in Discord at all-time lows
The activity on Hive and the activity in Discord show similar behavior. There is little activity to be seen, and you usually only notice that when people lose interest in crypto. When it hits the bottom, people don't have time for crypto anymore because they have to keep themselves busy with other ways to make ends meet. Nothing can be extracted from the crypto.
In short, it feels like we've hit the bottom. And it feels like a long period of reasonable stability has now arrived. Whether this will also be the case? I have no idea. This is not based on science, not on research, but only on my feeling and some personal thoughts. We shall see.
Searching for a new job?
There is also other news of course. We are all familiar with Artificial Intelligence in one way or another. Whether you use it or not. No one can get around the fact that it exists. The applications are endless, and in just a short time the quality of AI has skyrocketed. Anyone who wants to write a blog on Hive will have to do so without the help of AI. If you do use that, Hivewatchers will know where to find you quickly enough, although there will probably be smart guys who can get around that too. So be it!
There are many people who are against the use of AI, but even more people are definitely for the use of AI, and if we want to be honest with ourselves. Then we will have to admit that AI is the future. So if we want to keep up, we'll have to look at how we can deal with that.
Realism also means that we have to face the fact that many jobs will disappear, but the same realism also shows that where one door closes, another door opens again. The arrival of AI can also create new jobs. For example, have you ever thought about becoming an AI ethicist? Maybe data scientist is more your thing, there are plenty of possibilities. But what it does take is that you understand how AI works, and how you can get a job in the world of AI.
I'll continue writing without AI ... but if you [want to know how to start a career in AI, check out this article!](https://cointelegraph.com/news/start-a-career- in artificial intelligence)
Will Gary have a future with crypto?
And of course, there is news to report about Gary Gensler. He has made himself far from popular among many people. That should be clear. The way he approaches crypto, and has already formed his judgment that "every crypto, except Bitcoin, is a security", may now cost him dearly.
At least, if the Blockchain Association has its way. They have called for Gensler to step back as Chair of Sec. What they mean by this is that Gensler should back away from all decisions involving digital assets. The prejudices that Gensler has towards crypto mean that he does not participate in these decisions with an open mind and that of course influences his decisions. In order to remain fair and impartial, you are not allowed to have a personal opinion, that is a certainty. Given Gensler's strong personal opinion, this is virtually impossible... In that regard, I think the Blockchain Association has a good point here.
But will it also be listened to? We'll have to wait and see. And of course, we will also have to wait and see whether it will really have an effect on crypto when Gary has to look for another job. Who says his successor will be better for the crypto?
In short, you could say that the price of crypto has been fairly stable in the last 10 days, but all things crypto have been busy moving. Time to throw all that aside again, the sun is shining, my dogs want to go outside and the garden needs some attention. I think crypto will continue without my attention.
@brofund, @pixresteemer(3/10) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
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You must be killin' it out here!
@queeg500 just slapped you with 1.000 PIMP, @brofund.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.
Read about some PIMP Shit or Look for the PIMP District
My previous @v4vapp proposal has expired. I have a new one which is running but unfunded right now. I'm still running @v4vapp and all my other services.
I've just updated v4v.app and I'm getting ready for some exciting new features after the next hard fork.
Please consider asking your friends to vote for prop #265 or consider unvoting the return vote.
For understandable reasons in the current crypto climate it is harder to get funded by the DHF, I accept this so I'm asking a wider audience for help again. I will also redraft this proposal with more details (coming soon). I'm also looking for other funding sources.
Additionally you can also help with a vote for Brianoflondon's Witness using KeyChain or HiveSigner
If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do.
My previous @v4vapp proposal has expired. I have a new one which is running but unfunded right now. I'm still running @v4vapp and all my other services.
I've just updated v4v.app and I'm getting ready for some exciting new features after the next hard fork.
Please consider asking your friends to vote for prop #265 or consider unvoting the return vote.
For understandable reasons in the current crypto climate it is harder to get funded by the DHF, I accept this so I'm asking a wider audience for help again. I'll also add that I power up Hive every day and usually power up larger amounts on 1st of the Month. I'm on Hive for ideological reasons much more than for only economic benefit.
Additionally you can also help with a vote for Brianoflondon's Witness using KeyChain or HiveSigner
If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do.
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