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!
 |
 |
 |
 |
|---|
Posted Using LeoFinance Beta
Massive dump today! Hive seems to be rebounding better than most, so that's a silver lining. Is anyone stacking anything specific today? I'm thinking about some #Kusama, and then hopping into the #SherpaX crowdloan! Not sure about the #Polkadot side yet. Is this on anyone else's radar?
Posted Using LeoFinance Beta
Hey Dave, great to see you getting involved in the LeoMarketTalk chat :)
I'd love to read more from you about Kusama and SherpaX if you've got the time.
I find the parachains concept on Polkadot really interesting, but haven't fully gone down the rabbit hole.
It's certainly a chain that deserves more attention than its getting imo.
Posted Using LeoFinance Beta
I am trying to put something together as we speak, @forexbrokr... I'm no expert, but I can talk about what I know and what I'm doing. Thanks for the encouragement! :)
I wonder how long the dumps will last. Depending on the next few days, I think it will affect the chances for the end of year rally.
I don't anything about those projects. What do you like about them?
Posted Using LeoFinance Beta
We seem to be rebounding now, but let's wait and see.
Polkadot is an interoperable parachain setup that many have been anticipating. I think it's going to be a BIG part of the future. Kusama is Polkadot's canary test network... and they are both holding crowdloan auctions to determine the first parachains. I've been holding DOT and KSM for over a year.
There is going to be a level at which buying is too tempting.
Where is that point is the question.
Posted Using LeoFinance Beta
Yes but I wonder if prices will just go side-ways instead.
Posted Using LeoFinance Beta
Energy Web staking is coming out this month with more dapp deployments coming soon. Ocean Protocol deployed last moth I think.
Apart from stacking Hive I'm actively accumulating EWT whenever I can.
Posted Using LeoFinance Beta
YES! I honestly think Energy Web will be much bigger than people realize... I've had a stack of EWT (and Ocean) since mid-2020. Are you holding XRT too (Robonomics)? That's another one of my long-term favourites. :)
Nice! Never heard about it before but I'll snoop around. Thanks for the info!
Posted Using LeoFinance Beta
It was. Just got slapped the last hour.
Seems like we are in for a red river a while longer.
Posted Using LeoFinance Beta
It's great to hear slice of life news about cryptos which aren't Bitcoin, Ethereum, Dogecoin, or Shiba Inu, Ethereum, Dogecoin, or Shiba Inu:
It's situations like these which will help cryptocurrency gain acceptance by the masses as money to be used. XRP is even priced like a fiat currency, so it makes mental math easier for daily living than any of the above (even DOGE).
Posted Using LeoFinance Beta
The fact that we've finally gotten our first crypto ATM in an area that seemed resistant to change, seems to be a harbinger of good things to come. Notice it isn't a "Bitcoin" ATM, but one that supports a batch of crypto. Adding HIVE to that list would be awesome!
Posted Using LeoFinance Beta
XRP is still hanging on. It is great they are fighting the SEC. We need more companies to do that.
There is a lot of challenges being issued by the crypto world. Massive expansion makes it harder to reign in.
As more adoption happens, we will see the scales starting to tip.
Posted Using LeoFinance Beta
There will be many cryptos languishing for their intended use, only to be rejuvenated by being used in an unexpected way. XRP is the best example in this case since it was meant for banking use and has found a willing user base for a consumer supermarket chain.
As long as people are willing to accept a cryptocurrency, it will have purpose.
Posted Using LeoFinance Beta
I am going to do a post this week about what HIVE can get to.
There is so much going on, we are going to be very happy. What will it take to send it to the moon?
I think a couple more applications (#ProjectBlank and SIP) will really do wonders.
My mind also keeps drifting to the HIVE and HBD correlation. That is going to be very powerful for any upward moves.
Posted Using LeoFinance Beta
I think $5-$8 just on it's own merits. If #ProjectBlank, the #HAF, and #3Spk start making noise though, I'll defer to your projections/predictions. lol
Posted Using LeoFinance Beta
In the medium term, I think you are probably in the range. We could see much higher yet that will take time and a lot more development. The one thing that could change it would be a massive run in which the market goes crazy.
In crypto, this is not uncommon.
Posted Using LeoFinance Beta
I also think we have to get the word out about what we're doing here. How far is knowledge of Hive penetrating the crypto crowd? and do we want to start with them and reach the masses later or try to hit both at the same time?
Posted Using LeoFinance Beta
I agree with you except I dont think we are to that point. To me #ProjectBlank will be the big one. That is something that most will be able to use immediately and will spread very quickly.
Posted Using LeoFinance Beta
That makes total sense now that I think of it. Next year will be 5 years for me on what is now know as Hive, but in crypto-time, we're still very early yet. In a sense, barely out of the gate.
Posted Using LeoFinance Beta
I think Project Blank and SIP will both do wonders. The SIP will lock up HIVE and Project Blank will require more people to power up so they can do transactions on the network.
As for the HIVE and HBD correlations, how is it powerful for the upward moves? Is it because the market cap is higher so we can have a larger amount of HBD?
Posted Using LeoFinance Beta
The power in the correlation will come when people need to create a ton more HBD. That will cause a lot of HIVE to be converted, reducing the supply. This is a simple supply/demand equation.
Hence, more use cases for HBD will cause us to realize what a stablecoin can do. After that, it is creating enough to get it out to the masses.
So we are in the chicken or the egg situation. We need a few use cases to appear to get things rolling.
Posted Using LeoFinance Beta
The use cases are really what is lacking for now !
I don't see any need today to have some except converting your hive into HBD when Hive is high and convert it back when Hive price go lower.
Except that maybe holding some HBD in savings and on LP added few uses of it.
Posted Using LeoFinance Beta
Actually that is a big use case when you think about it.
If HBD only ever served as a "parking spot" for speculation, when risk off is on, that would be a huge use case.
But you are right, need some more adoption.
Posted Using LeoFinance Beta
That's the primary use case of all stablecoins though ;)
Posted Using LeoFinance Beta
That's true 😅 But that's not anyone that knows how to properly do that and think of it (I personally never did because I always Forget to do it !) !PIZZA
Posted Using LeoFinance Beta
I just hope that after all that time Project Blank will really be a thing. That would be terrible if it's not that good 😅
Posted Using LeoFinance Beta
I am pretty sure Project Blank will still happen but I don't think it will go live until early 2022.
Posted Using LeoFinance Beta
If it's released before 2022 that would be our christmas gift 🎁 for all Hive users !
Posted Using LeoFinance Beta
I don't think it is very likely. Yesterday Khal made a post about his progress with Leo Mobile and they said they wanted two weeks to figure out a roadmap. The stuff with the apple store is causing a lot of issues so I think its unlikely to happen this year.
Posted Using LeoFinance Beta
Oh ok 😅 early 2022 then ! Can't wait !
Posted Using LeoFinance Beta
Looking forward to this!
Your Hive content is always great conversation starters.
(Even if I'm only voting your Leo account's content to support, I'm still reading everything you put out).
:)
Posted Using LeoFinance Beta
The news regarding that supermarket chain in Croatia gets even better:
Besides XRP, Konzum is accepting Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS, DAI, XRP, XLM, and the stablecoins USDT and USDC.
Posted Using LeoFinance Beta
That's what I'm seeing here. In the old days it was just BTC, now they're offering a basket of crypto to choose from. It's interesting watching shoppers at our local market trying to figure out the new ATM. :)
Posted Using LeoFinance Beta
I think that is a good choice. Do they have to use a specific wallet in order to pay for things?
Posted Using LeoFinance Beta
Neither article mentions wallets, but at the moment crypto is used for online orders and processed by an app made specifically for the supermarket chain.
Posted Using LeoFinance Beta
It is spreading. We see a lot of moves, albeit small individually taking place.
When we look at the collective, there is a ton taking place.
Posted Using LeoFinance Beta
Cryptocurrency is decentralized, so it makes sense that its adoption is taking place at the local level across the world. Waiting for a nation to make it legal tender-- while a desirable outcome-- is a losing game.
Posted Using LeoFinance Beta
Agreed.
Cryptocurrency does not require the permission of governments. It is on its own. Whether governments agree or not is of no concern. Just keep developing and move forward.
It is global something they cannot deal with.
Posted Using LeoFinance Beta
Cryptocurrency being global is good, but what's not good is having only 1 global cryptocurrency.
Posted Using LeoFinance Beta
(MISPOST)
Crypto Charity is Significantly Larger than Fiat Donations - Engiven
https://leofinance.io/@successforall/crypto-charity-is-significantly-larger-than-fiat-donations-engiven
Posted Using LeoFinance Beta
Crypto people are just more giving.
Posted Using LeoFinance Beta
When someone gets more they would tend to give more, wouldn`t they?
Posted Using LeoFinance Beta
Sadly this doesn't apply to everyone.
Posted Using LeoFinance Beta
Some changes happening to BSC and I guess they want to follow the foot steps of ETH. I don't think the changes are good if we consider things in the long term view.
Posted Using LeoFinance Beta
Looks like MicroStrategy jumped the gun a little this time. I wonder if Michael Saylor is scrounging up cash right now to buy the dip....
https://cointelegraph.com/magazine/2021/12/04/jack-dorsey-steps-down-twitter-microstrategy-7k-btc-square-rebrands-block-hodlers-digest-nov-28-dec-4
Posted Using LeoFinance Beta
I am sure he will add when he can.
We really havent heard of another big name jump in since Tesla.
I wonder when someone else will come out and say they added to their balance sheet.
Posted Using LeoFinance Beta
I would think that will start happening shortly. If it makes a run by the end of the year, then I think companies will announce it to create positive PR going into year end. If it continues to trade sideways, then I would think you'll start seeing them come out in Q1. Just my opinion...
Posted Using LeoFinance Beta
I mean, they can't hide it if they put money into it. It will show up on their balance sheets....
Posted Using LeoFinance Beta
No they have to file if a public company.
Posted Using LeoFinance Beta
You could be right. I am still surprised that we havent really heard of any since earlier in the year when Tesla was on board (that was Q1).
Perhaps some come out that they jumped in during Q4.
Posted Using LeoFinance Beta
I think MicroStrategy will definitely be raising more cash for BTC. How much of the total supply of BTC do you think they are trying to get?
Posted Using LeoFinance Beta
It looks like the Summoner's spell book is getting some adjustments with the release of chaos legion. So don't be surprised if the cards you have available change soon.
Posted Using LeoFinance Beta
Okay. Since I have no idea what you are talking about, I will defer to your knowledge.
I am getting some CHAOS packs though so I am in the game at least.
Posted Using LeoFinance Beta
When you play the game without any cards, you get some cards to start off. With Chaos Legion coming out, this deck that you have access to will be changing.
Posted Using LeoFinance Beta
I'm glad I picked up some of those cards when I started again with Splinterlands. It's going to be interesting to see how player mix it up going forward.
Only three more days...
Posted Using LeoFinance Beta
Yea I think it will be interesting. I don't think I'll buy up the beta cards but maybe when my rental income pays off, I might buy some beta and alpha cards.
Posted Using LeoFinance Beta
Oh great thing ! I just hope the new cards will be great ! I could even be better with them 😅
Posted Using LeoFinance Beta
You will lose some and earn some. So if you don't have copies of the beta cards then you may have to learn some new set ups.
Posted Using LeoFinance Beta
Yeah for sure, and I don't have the vast majority of the beta cards so I'll need to learn new strategies for the new cards :')
!PIZZA
Posted Using LeoFinance Beta
Buy the Dip is an expression that we all know very well and putting funds aside for such moves is something that we try to do. We've already seen some improvements on the market and as history repeats itself probably a big rebound is around the corner.
But we are here to BUILD and not run after frugal profits, thus I am keeping an eye on my game, on accumulating and expanding my portfolio also in Stablecoins and new projects. In the end, this is what will make the difference!
Posted Using LeoFinance Beta
There are a lot of choices out there for people. Gaming is going to be massive when tied to crypto and NFTs. I cant argue against anyone focusing in that direction.
We are seeing so much developing that opportunities are everywhere.
It is amazing to watch when you think about it.
Posted Using LeoFinance Beta
Maybe the best video I ever saw about QE, what really happens and how it is NOT money printing. There is a lot of bullshit out there about this topics, mostly from ideologies. It is also why those who espousing hyper-inflation are wrong.
20 minutes of your life that will make you a lot smarter.
Posted Using LeoFinance Beta
I saw that on Friday and I find it weird why he waited until now to readapt the slides.
Posted Using LeoFinance Beta
It is hard not to keep getting excited about Hive, even as the price drops like a rock.
Actually, I am surprised it held up for so long. Either way, I expect some things to really spur us forward in the first quarter.
As I keep repeating, the unveiling of #ProjectBlank will be big. The latest video clip that Khal put out really is exciting. We know to watch the integration and development of Leofinance Mobile. Once the "housekeeping" is done there, it will be forked and tied to Blanks back end.
Then we are good to go.
Posted Using LeoFinance Beta
Now we need to figure out how much work will need to be done after the back end is done for Project Blank to work. So what is your prediction for when it goes live?
Posted Using LeoFinance Beta
Q1 at some point. We will know by the end of the year where some things stand. Watching the progress of the mobile app since it is a fork off it.
Posted Using LeoFinance Beta
It looks like BTC and the equities market are both being correlated quite a bit. It must be due to the institutional investment into BTC lately.
Posted Using LeoFinance Beta
Risk off moves are certainly appearing. That cannot be denied.
It is what I was talking about the last couple months: the economy and future economic implications are not cause for optimism.
Eventually the markets realize that. Are we to the point they fully correct? We will see.
Posted Using LeoFinance Beta
REMINDER!!!
Get all your #CANDIES before they run out.
They could make you a billionaire by the end of the month...or maybe not.
Posted Using LeoFinance Beta
9k today. The final leg to 5 digits begins...
Posted Using LeoFinance Beta
Got my 60, boy those things add up fast!
Posted Using LeoFinance Beta
60 candies today so I will get a big payout tomorrow.
Posted Using LeoFinance Beta
HIVE trying to get above $2.00.
Will it serve as resistance? What will it take for things to jump above that level and head much higher?
Posted Using LeoFinance Beta
I think the markets just need to resettle. Everyone is a little out of sorts right now. Once things stabilize a little (maybe Monday?), then I think we start refocusing on what's coming down the pike and things can move up some again.
Posted Using LeoFinance Beta
Yeah I agree things are a bit insane. However, what are we going to see happen over the next couple weeks?
At this point, it is up for grabs. I could see a lot more downside or be sold on a massive run in crypto.
Equities are insane too.
Posted Using LeoFinance Beta
I think $2 will probably be resistance but I am not sure how big it will be there because we don't have enough price action around that area
Posted Using LeoFinance Beta
We are closer to $1.50 than $2.00 so focusing upon that level might be off the table for a while.
Posted Using LeoFinance Beta
Question.
What if nations around the world allow crypto as an asset, while banning private holding of it? do you think that would make any difference to the market?
Posted Using LeoFinance Beta
I think it would make a huge difference in the bad direction. If private holding of it is banned then that means all crypto would be hands of the government and I think that defeats the purpose of it.
Posted Using LeoFinance Beta
Hard to enforce.
Ultimately, I think a privacy layer is developed that ends up making government oversight a non-issue.
Posted Using LeoFinance Beta
One country banning it will only give another country that doesn't an advantage.
As we see now, being open and integrated into global trade is always better than being a closed shop.
Posted Using LeoFinance Beta
PIZZA Holders sent $PIZZA tips in this post's comments:
ykretz.leo tipped jfang003 (x1)
(3/8) @ykretz.leo tipped @forexbrokr (x1)
Learn more at https://hive.pizza.
Looking out the window
Catching the scenery,
Flashing thru quickly
Vision blurred by greenery.
Hitting the road, finally
It's long been coming,
Free as a bird I am
Happy tune I'm humming.
Where am I heading to?
I myself don't even know,
Somewhere, just anywhere
No plans made, just GO!
Without a care in the world
Switching off communication,
Don't disturb me anymore
I'm going on a long vacation
Posted Using LeoFinance Beta