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.
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Here is a very interesting update from @klye on hiveloans. Seems he found a way to add utility to the HIVE token in a big way. We will see what he is able to pull off.
https://peakd.com/hive-dev/@klye/the-hiveloans-idea-implementing-a-true-solidity-smart-contract-capable-evm-side-chain-to-hive-and-the-future-decentralization-o
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I looked at it and it seemed way too long. Then I saw the TLDR and was like awesome.
Seems amazing but I don't know if it will work. If it does work out then it will definitely be a game changer since it will have small fees compared to ETH.
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I've got the fundementals of this sort of implementation figured out for the most part. Just need to do some reverse engineering of the Ethereum implementation and get it to cross chain transfer HIVE tokens instead of ETH for gas fees...
But yeah.. Once that is figured out we're going to have PROPER smart contracts here on HIVE and be able to do ANYTHING that ethereum is doing.. I expect this should be a game changer for the whole community and crypto ecosystem once live.
I think that is Huge. Keep up the announcement. I will do my best to spread the word about what you are doing. I think you are onto something very big.
Hopefully you can pull it off in the next few months and get things going in the right direction. So much potential here for us to not take advantage of it.
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That would be big thing for Hive.
The possibility of building side-chains to Hive speaks volumes of its scalability feature of its infrastructure. This would foster more collaboration which would lead crypto into a big future.
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I'm starting to go through some articles and leave some comments a day, I hope to be connected more often, here anxiously waiting for the launch of the CUB token
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Welcome @exyy! It's great to see you here.
This space is dedicated to everyone and I hope you enjoy it. We will be here to help you to always remain motivated to be in this big family called LeoFinance.
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Welcome to our little part of Leofinance.
We are glad to have you here @exyy.
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Did you say little? i think its the big part of Hive crypto discussions.
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It's good to see new faces here. Welcome to Leo Talk.
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Keep it going friend.
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Welcome! This is a great place to do that! We are here every day so it's a good place to get to know the most engaged people in the community :)
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Welcome to the chat. We got plenty of topics so feel free to leave a comment.
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There's plenty of posts out there to stake your comment on. I comment only in what I know about, leaving say, technical analysis to the experts! Welcome aboard!
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I also try to leave feedback to articles that I understand, thank you all for the warm welcome :))
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Don't mind asking questions either. It makes for a good discussion and if you have a question, it's likely other people might have as well.
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If you want success on Hive , engage more . You won't believe how much you will learn in a day by engaging with others. Welcome to the post :) Glad to have you here.
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Great advice. Every newbie needs to learn this and stick to it through the growth journey.
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We're all awaiting the arrival of CUB in our H-E wallets so we take advantage of the bullish Binance market.
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Hope to see some more price action today, for both hive and leo, yesterday it seemed for a while that hive was having a nice pump but it was short lived
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Hahahha, yeah, the pump was a little nice indeed, we are hoping for more and better pump 😋
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What a great scene from that film. Really epitomizes the financial services industry to me.
But it is true, most people on Hive are like the second one. Have to pump the price higher so they can be validated in their decision to be holding Hive.
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come on... a little validation in these hard times can't hurt :P
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Lol. HIVE at 30 cents is fairly cheap considering how RCs are important on the block chain. I personally wouldn't mind a dip so we can accumulate more HIVE before the blast off.
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you fall in the "most people" category of the meme :P
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That is how I see the future of the token value.
The more users the more RCs that are going to be required. We see on Ethereum what traffic can do to the price of "Gas". HP is what provides people gas on Hive.
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By the time it becomes too pricey for new users to buy enough HP to be active a lot , we need to do something about it . We need to figure out a way to let them get addicted to Hive before investing in HP maybe .
Tradable RC is what looks attractive to me in that direction.
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Actually it is likely going to be the apps who are going to have to load up on HP to be able to support their users. After all if you start a business, you want your users to be able to interact with your platform. If they cannot, you will not hand around long.
This is what applications on Hive face. They need to make sure people have enough RCs.
That is why Leo is loading up on accounts and also getting some decent HP together. They can delegate some to each user to get them stared.
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Yea I think what LEO is doing by giving LEO in return for HP as their way of gathering HP. I think this might be a problem for new applications because of the higher barrier of entry. In this case, we may see less on the development side.
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Well the more people with Hive accounts, the bigger the pool of people is so the development will likely continue.
After all, it matters none who onboards a user and delegates the HP. People can use it for activity on any application. Plus, as people earn some Hive, they will power up, forgoing the need for the delegation, returning that to the original app's pool.
Ultimately, it all comes down to the number of Hive accounts that are out there and interested in being active.
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There probably won't be a solution for everything and I think one of the issues is that you can only delegate your own HP. So even if we wanted to lend HP to applications, they wouldn't be able to lend them out. I guess they could load up on HP using Dlease to gather their own HP but I am not sure if it's the best thing to do.
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Yea it does. Eventually there will be enough HP since we are continuously generating it but there I don't know whether or not the supply can match the demand if we get too many users. I honestly don't want the price to one reason why people can't use the block chain.
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RC delegations will probably solve this issue
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There are no RC delegations. The closest thing is HP delegation. I believe this is limited as every application only has a limited amount of HP and thus they have to ensure they have that HP powered up to lend. If we have an influx of users, there may not be enough HIVE around right now.
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RC delegations were being discussed back in the day, I think they would be both beneficial and profitable. I don't see any reason why they couldn't be implemented if the community would want to
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Please let's not be in a hurry, it would definitely come once $CUB goes live on BSC. More investors from Binance would come for LEO and perhaps Hive too.
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not hurrying at all just having a good time :)
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Will we find out everything today? I can not wait !)
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SO we were told. We will see if the new project is ready for release.
The announcement on Friday made it appear like it was.
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Another day on Leomarkettalk, another day on Leo, another day on hive.
Financial opportunities are constant, not only financial, opportunities as a whole. It all depends on you, how much you can reach out to. And how well you can make the most from the day.
Stay safe and healthy, enjoy the day
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Yes it is. I hope you stay healthy as well.
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Thank you brother
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The opportunities are only expanding on Hive. It is the ideal place to be.
We are going to see a lot of cool stuff in the next few years.
Welcome to your future.
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Hive is a cloud filled with Opportunities. I got a clearer draft of my life when I first joined hive.
It's really a place to be, not just to be but to engage in
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I was introduced to Leo and hive by @coperateay and now I know why he insisted on me joining leo.. I've come to realize that we're the future...
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Welcome good to see you in here. We post a new thread each day. This is a good place to come and hang out.
We look forward to seeing you in here each day.
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What would you like to be tokenized?
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I would like to see actual games tokenized. It would allow people to sell games you bought online and finished. You can make the most of your money.
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The game companies wouldn't like it so much though, I remember when they added the codes so you couldn't transfer the game without the right cd key. I guess if they got a piece of the pie it would work.
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Yea I unless its an online game, people have already bypassed it. Their next addition to prevent people from downloading is DRM but even that gets cracked eventually. I think it might eventually be something where the game company gets a portion of the payment for some transactions. Long gone are the days where they can avoid people pirating.
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Gate keepers, no matter what form they come in, will be ultimately destroyed.
They will have to adapt to the changes or die.
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Gaming already has tokenization as a part of its core. Now it is just adding cryptocurrency or NFTs.
Instead of ingame tokens that are locked into that specific game and go away when the game is shut off, we need to have it more market based like Splinterlands and the other blockchain games are.
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Definitely we need more of these games. Even if they never shut down a game, it may have some people willing to pay so they can get access to an item elsewhere. It helps people play different games from the same developer.
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Universal NFTs are going to really enhance what you are envisioning I believe. Imagine a NFT that represents one thing in one game yet can be converted (swapped) for something else in another.
That enables you to retain your value in the NFT while switching games.
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Interesting... Also you could rent the game to another player and get some return :)
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Kinda like you can rent your Splinterlands cards out, I haven't tried doing that because I use most of them but some people do.
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Yea and maybe you can have others play your save files and do your grinding for money. I think it would be possible if the game tokens were delegated also.
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That brings back memories of my marathon sessions on WoW and City of Heroes. They could NFT the hell out of that. God I wish they'd bring that game back.
source
City of heroes is gone forever. Or is it?
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I never played Cities of Heroes, but I do think a WoW NFT blockchain universe would be nice. If they did so, people wouldn't mind paying for access to different content. One item in one game could be a gold mine in the next.
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That's a nice idea . I usually don't invest in games because I cannot resale it easily and some games are just too pricey that I cannot afford it .
What you said will really attract people like me to it.
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Yea I think making games easier to buy and sell (retaining their value) would allow people to make the most of their money. You sell a game when you don't play it anymore and you can rebuy when you want to later without affecting the price too much. I think this way game prices will stay more consistent and people would be more willing to pay.
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The good thing about this space here are the possibilities of creating good article themes and you just made one.
Well, I would like to be tokenized on a large scale by football players. The idea already exists, but not as much as I would like worldwide.
To be able to be part of the rights of a player and through a millionaire transfer to be able to receive his share of the negotiation, as a fan and investor that would be incredible.
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Interesting and funny at the same time. It would be an awesome idea to get more involved in your favorite club decisions.
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Undoubtedly it would be and who knows it does not take long. I believe it shouldn't take decades, but a few years.
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I think tokenizing real estate in a manner that is open to everyone would be a great. For example, have it open so anyone can by a fractional share in a building by getting some tokens.
So one can invest a few dollars or millions, depending upon the person's financial status.
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Sounds interesting but it would be a pain when the building burns down due to a natural disaster. I wonder who's paying for the repairs or does it go to zero?
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I think everything has a risk factor when comes to financial terms,
But with a good feasibility sturdy, everything should be in place
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Yea but the problem is that a bunch of people pooled in their money for real estate. So everyone expects the value to go up but in a case where a natural disaster happens, who is going to be responsible? They may own the property and the right to build on the property but now it will require money to fix it.
Given that the ownership could be 1,000 users, how would they raise the money to rebuild the property and how to compensate the token users in the future are questions to answer. In a general case, you would have one home owner so it is easy but now you need the consensus of like 1,000 people.
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I understand you, that was why I spoke about feasibility study.
Everything in this world needs planning ahead of time
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But it would be very unlucky if all or most of your tokenized properties could catch fire or go through natural disasters lol
The idea is very interesting and it is true, we must think about the risks but in this case it is almost impossible to imagine that all your investments will happen with these problems.
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I would say the asset has to be secured through insurance in that instance.
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So would you say insurance companies are here to stay? They kind of just leech off everyone's hard work and try to avoid paying out as much as possible.
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It will be revamped completely. Tesla looking at bringing their own insurance out is the first leak in the system.
With the advancement of data, it is hard to envision the present system remaining in place. We can establish one with data and algorithms that operate much better.
Also, imagine the changes that will be taking place in the automotive (self driving) and healthcare (personal monitoring) industries.
These are two big areas for insurance.
And who knows, we might see decentralized models be constructed.
Why couldnt we establish and insurance pool on DeFi that pertains to certain assets that we are protecting.
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Seems complicated. I think I need to see some actual details before I believe it. Honestly I think lower costs are better but if accidents start piling up then costs need to stabilize somewhere.
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DeFi can definitely work in that field too I guess . Don't you think ?
Also I hate insure companies to the core lol.
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I am not so sure. I think the idea of the pool's value dropping every time an accident occurs doesn't seem appealing to me.
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I think NFT as an alternative to physical documents . If 10 members own a house and have the documentation for it and if it burns down what would happen ? The same must happen to NFT holders too.
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In that case, I would buy luxury real state.
I think something like Travala’s smart program, but you lock tokens on a chosen property and then receive APY monthly.
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tokenizing the real estate is a good idea,at least it means that individuals would be able to invest on real estate even with the little capital which they have....@taskmaster4450le
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That's a nice way to invest. I'd like to see something along those lines too.
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Real estate has been on my mind since day one, I don't know why, I guess I just have passion in it, and here in Nigeria really estate will never go out of style
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I'm surprised there isn't a token doing that already given how awesome the idea is
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Many areas regulation hinders it. There are some projects that were tokenized but they were securities that went through approved parties.
It will take a while for the evolution of this idea to form.
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I forgot about the securities thing
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I think it might be possible already, but I don't know enough to figure it out yet, but I'd like to make it possible to offer my services as a consultant and get paid in tokens.
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I think you would be able to do so. Basically you sell the tokens on the market at a specific price and you get back tokens for your services.
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Data. I would be richhh lol . No seriously , I wish we can tokenize the data somehow .
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LOL
I believe that many pioneers will become rich. Tokenization is already a reality for many things.
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Everything information. Data is gold in the InfoTech controlled world as ours.
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I have always felt this was part of the problem with Hive and social media blockchain, who wants to worry about this and being taxed on an upvote, soon they will change it so your taxed on unrealized gains too.
Yahoo-Coindesk
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This is a trend we are going to see over the rest of this decade. The hunt for taxes is on and governments all over the world want their money. They are going to be after everyone they can get.
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I think this is unavoidable. The government never wants to give up any control they have and they need the money to fund their debt. It's an ongoing cycle and until the system is changed, I can only see more of this.
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The government needs money too. They feel it is their right to have a piece of whatever you have.
This is a cancer among society.
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It truly is. I wonder when people will have enough. If we keep losing more money, eventually people will revolt. Not to mention how inefficient the government is at using these funds. All you need to do is compare free market prices to government paying prices.
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The boiling frog. People just keep getting sucked in deeper. Most are fine with what is going on. They might complain but they are obedient in the end.
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I have been in front of the bank for over 2 hours now, just to retrieve an expired ATM card.
I am still outside, I don't even know how long I would have to wait when I eventually enter
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The joys of the established system. The banking industry is so ripe for destruction that it is sickening.
We are witnessing the construction of something so much better.
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Imagine, they said there is only one official attendant for customer care and he has gone to eat because we has tired
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Do they allow you to make appointments? Seems alot easier if people didn't crowd around everywhere and things became orderly.
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No, we just stay outside with our nose masks on
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In my country , there are no appointments in banks . We have to wait in queue , get the token over there at bank and wait for our turn . It takes an average of 2-3 hours for me to do the simplest transaction .
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Imagine, on your own money
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We can schedule one here in the US and generally the wait times don't take that long. I guess this is one of the benefits of being in the US. If people had to wait hours, they would go to a different bank for service. Are there many different banks competing for business in India?
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That's terrible. I have one of my cards that expired months ago and I can't even go to bank just for the fear of staying for hours doing nothing.
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while many of us are on twitter tweeting about several things,someone is making millions on twitter making tweets..
Twitter CEO Jack Dorsey is selling his first tweet — bidding is at $2.5 million...
https://www.marketwatch.com/story/twitter-ceo-jack-dorsey-is-selling-his-first-tweet-bidding-is-at-2-5-million-11615226262?mod=cryptocurrencies
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Well he already had a billion or two.
Plus he makes money off everyone's tweets since he is a large shareholder.
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wow what an interesting way to make money via fame....
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Please, how exactly do they make money on Twitter?I only know about Facebook.
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a former industry minister in china have said that China is at least 30 years away from becoming a manufacturing nation of "great power",........
https://www.investing.com/news/economic-indicators/china-at-least-30-years-away-from-becoming-manufacturing-great-power-former-minister-2439348
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China is going to be facing a great deal of headwinds.
To start, they have a demographics issue meaning their population is going to start declining. In this era, that also means an aging population are birth rates decrease.
Also, manufacturing is going to change as we return to local and regional production. Stuff such as 3D printing and other manufacturing breakthroughs will give people the ability to create products locally.
With automation, the need to outsource to a country with cheap labor is also not necessary. Why pay for shipping to have products built by robots in China when the robots can build them in the country where the products are used?
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never saw it from this angle,this is really an interesting input from you sir....
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Today is a great day, yesterday I managed to solve the problem I was having with the Spaminator bot
They removed my name from the list of downvotes and now I no longer have a dirty profile that for each comment received a negative vote from the bot
And I realized that there are several other users being unfairly voted on, I will focus this week on trying to help them
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Yea I think it was due to them mass flagging people out of precaution. I hope the entire 3Speak issue gets solved soon and some safeguards are implemented so this never happens again.
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Without knowing the full details, it is all speculation but it sounds like it was a developer, one of the main ones, who left.
Once they get passed this, how much is their development slowed down.
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Yea the disagreements will definitely slow down development and I wonder how much the decentralized video storage will be pushed back. I guess its fine since I can gather up some more HP for the airdrop.
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Yeah since we have no idea on the timeline of it to begin with, hard to know if things will be pushed back. At this point, I am sure they are trying to figure everything out.
We will see when they give up another update in the form of an announcement. I sent through a video and it uploaded okay...we will see how long it takes to post.
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I hope everything goes well. It looks like 3Speak is in for a rough time while sorting out this mess. I don't know how many people will move from 3Speak to Lbry or other alternatives due to their dissatisfaction.
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I dont know how many users they had to begin with. It didnt seem they are focusing upon user growth at this time.
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Much of it could be tied to the 3Speak deal. They were starting to send out phishing links. That is what spaminator saw.
It is good people are getting their accounts back to normal.
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One of the beauty of blockchain is verifiable history .
Just think what would have happened on other platforms? "Oh you spammed and then you deleted it" .
It can't happen over here .
Glad you got back to clean slate :)
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YES! This is one of the best things i like on blockchain.
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Congratulations. I understand how one would feel bounded in a supposed free space.
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Thanks, i'm feeling so welcomed, you guys make the difference in LEO.
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Hey guys, I hope you all are having a great time. Let's keep it going guys we're almost there..
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Almost where?
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It's in the OTC market, but crypto start-up is part of the top penny stocks. Looks like its getting attention since its market is looking better than some on the ordinary stock markets.
https://investorplace.com/2021/03/how-crypto-startup-humbl-became-top-penny-stocks-of-2021-tsnpd-tsnp-hmbl/
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I'm a huge fan of fantasy sports. Yesterday I started to think if there's any project on the Hive community for a fantasy league.
The closest thing I know is Rabona, but it's not quite it. Does anyone know if there are any projects, either launched or in development, of that kind?
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I think SPORTS could have a great future. Right now I think there is a lot of crossover from Leo to Sports and with everything happening in Leo right now, its taken a little bit of a back seat. Once Leo calms down some on airdrops and launches then I think the activity in sports will pick up. Its a good time to accumulate some right now, IMO.
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SPORTS has amazing potential, I thought that from the start. However, the lack of change has me concerned. I know there are some changes taking place, we will see how they pan out.
The market is there. They also need to isolate the focus some in terms of fans. People are not fans of sports per se but of teams. If you could isolate Raider or Real Madrid fans, then I think there could be something huge.
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Yes, I agree. If you could create a structure like an ESPN website or CBSsports website where people could go and just focus on their favorite teams, that could become very powerful. Especially if they can get paid just to talk about what they love to talk about anyway. As always, onboarding will be key. But you have to have a place for them to want to go when they get there. Still very early, obviously but...things to think about.
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I think you have to start with an image in mind. I often suggested that for SPORTS. Model yourself after ESPN but tokenized. That is a good starting point. After that, you can move onto other things and adapt but that gives a direction.
Sadly, it seems the direction is not there.
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Yes, that's what I was thinking. There needs to be a "home page" where people can catch the headlines and then move to their particular areas of interest. Sports talk is obviously a massive market but, until you get some content that people care about, it's going to be difficult to draw eyeballs. The other challenge is that news is "old" in 24 hours. Unless you've got fresh, up to date, writing coming on, there's no reason to go there.
I mean, I have a hard time even finding three articles to curate some days. Unless some Actifit headline catches my eye for some reason, there really isn't much there. Like I said, hopefully as Leo blazes a trail and makes inroads into the mainstream, more people will onboard and it can get some development help. As with anything, if you can create a little excitement, that can go a long way.
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One of the overlooked features on all these tribes is as a data aggregator.
Give people a reason to return each day. With Sports, having standings, scores, and stats is vital. On Leo, I dont know why there arent stock and crypto quotes.
All of that drives traffic because the site becomes a reference point.
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I'm hopeful on the long run, we'll have these begin to pick up. At the moment, they're trying to figure out ads and ads revenue.
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The change is slow perhaps because the head is not very tech and developemnt savvy like we can say of LEO's khal or Jongolson of CTP. Soon, things would level up. I've succeeded in having a developer get more interested and he's getting more involved than ever.
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You really understand the tokenomics. it's real true. With pools coming to H-E, the future of SPORTS is bright at least with the much liquidity it has.
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Not to my knowledge. Rabona is the only one that I currently know of with sports involved. I think there was some discussions by some sports community members but it was just an idea. They did mention that were open to funding it and using it as a SPORTS sink. However this is probably going to have to wait till something more concrete is in.
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SPORTS isn't involved with Rabona. The deal didn't go out successful. Let's see what happens when Rabona begins to take collaborations.
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Nothing I know about. Formulate your idea and start on it. In fact, if you want, contact @silverstackeruk about it. SPInvest is investing some in tribes to help with the token creation cost and set up.
They are sort of acting as a Venture Capitalist if you will.
Perhaps your idea will hold interest there.
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I actually have an idea about a token ( not a tribe , just a token ) . I have talked to @silverstackeruk before , very supportive . I am just thinking of completely formulating the idea before going forward.
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This a good. I am talking to someone else about, perhaps, another tribe. This is what needs to be done. All of us can start to generate ideas that can help not only this place, but give others opportunities to others for bag growth.
It is what this is all about. The more we can get into the hands of different people, the better it is for all of us.
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I agree . The amount of opportunities here on Hive is insane for a creative person to be honest. I right now spend around 3 hours here but I really want to put more time because this can turn my life around.
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I don't think there's any for now. Maybe you can facilitate the creation of one. The SPORTS ecosystem is still very virgin.
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Have CubFinance day.
This is the official @letmarkettalk thread for March 8th which is the day that CubFinance is to be released.
We will be setting up a different thread after the festivities are announced to try and answer any questions while setting up a repository for how to do things.
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Well, apparently today will be a long day ... Let's wait and continue confident that today we will have news and launches planned.
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Nah. Today will be 24 hours just like every other day.
No different.
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LOL
Well, it's true. But I was referring to everything that is happening at LeoFinance. 😁
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This is actually going to be the first thing to be released and on my awareness since I got on hive. It's happening and I am witnessing it life and direct. I am going to be a part of it since day one, I tinki am already making history
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It's quite exciting, I have the day off of work to see it!
Now I hope it's not delayed, we are all waiting!
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Very good @leomarkettalk! It will be very necessary to have a topic just to discuss CubFinance.
Of course, we will have many doubts but the important thing is that this space will help everyone.
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fingers crossed everything goes smoothly :)
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I am already awaiting the release and I am sitting on my rocking chair 😁 I hope I don't sleep off hahaha
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This would be nice at least we create some traction for the event and get more users join us.
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The Cub update is out from Leofinance. It looks like we have a lot of reading to do.
This took a turn different than we thought. At this point there is no reason to add a separate post to what we are doing. Tomorrow's will likely have a great deal of conversation about this. We can also set up an exclusive one if you all think it is necessary. At this point I am of the opinion to wait and see how much people uncover in the docs.
https://leofinance.io/@leofinance/introducing-cub-finance-or-leofinance-expands-into-defi-on-the-binance-smart-chain
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I'll read it later today when I have time. I might just wait for people's summaries on the docs. Hopefully it lives up to the hype that is around.
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It is true, we have a lot to read and luckily we will have a little more time to know what to do with the future CUB tokens.
Some things are quite unknown to me and I hope to find further clarification in the documents.
I still don't understand the issue of the safe for the CubFinance platform. I know that we will have a 100% burn, but I did not understand how and why this safe exists.
Well ... I hope to find the answers there.
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We are seeing projects all over the place. However, with all that is happening in crypto, we are going to see enormous wealth generated. Bitcoin is still the grand daddy of them all and it is growing in value.
Hodlers will do very well according to this point of view.
.01 BTC will make you filthy rich
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Yes I also think anyone who HODLers will get rich. The only thing is I want to lock in my gains and have a free ride. Less worries makes life easier.
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We are privileged to be here, in a few years time, concern will be the least we will have in our lives.
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Yea we definitely will be. All this HODLing will pay off so long as we better start staking and compounding our earnings.
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Yes it is true, the sooner, the better.
By the way, DeFi will be a sector that will still prove to be very prosperous. The next few years will bring that about.
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Smart money management never goes out of style.
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Definitely. While I don't think BTC will ever go to zero, I like to see trades as free where my gains were already locked in. The next time I look at it, I see it's all profit and I don't have to worry about it dying one day.
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Couple that with the long term view and it can be highly profitable.
Too many sabotage themselves by getting out of successful ventures early.
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No more FOMO since your holding onto some and no disappointment when it crashes because it's a free trade. It's a win-win.
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Except if it keeps going up, you kick yourself for selling so soon.
If I had held I would have $X more...that mindset starts to kick in. LOL
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That's great to know
I've been slowly adding BTC to my portfolio and I believe it won't take long for me to get to .01 BTC! Ten years is a great fit with my retirement plan, so I guess I'm on the right track!
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Just one viewpoint but not exactly a novel one. Many feel that BTC will reach absurd heights.
I am not going to argue against that point of view either. It could happen.
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Keep stacking those sats. I buy a little every week and have it set up to continue doing so until it hits $100k. My opinion is that every dollar I get in under that number is at least a 10x, and probably a lot more. The idea is to never have to sell it. Get enough that if and when it hits $1M you can live off of the interest and hand it down to your kids.
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How does that balance out with your view of HIVE? Or LEO?
Do you only believe in Bitcoin and have that as your sole focus/basis or do you carry the same outlook for the others.
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Basically, the difference to me is I KNOW bitcoin is going to work. I am 100% convinced of what is to come and what kind of financial rewards are in store down the road. And a lot of the world either sees it already or is starting to as well. There's a reason it costs $50k to buy one BTC. I may be wrong but...I'm convinced I'm not.
With Hive and Leo, I see the potential but I still don't know. I believe very strongly in the platform and the concept, enough that I have invested a considerable amount of time (and money) learning how to navigate in uncomfortable waters with wLEO and liquidity pools and connecting wallets and transferring assets, etc. This place still has a fairly steep learning curve and not a lot of places to get answers until you actually connect with a "veteran" who will take the time to answer some direct questions. Most of which you feel stupid asking, by the way. So not only do you need some intelligence to figure things out, but you also need some courage to seek out people who can give you answers. amr008 was nice enough to help me. Bitcoin is easy. You can buy it in a hundred different places and you never have to think about it again.
I love what Leo is doing and it feels even better to be able to contribute but, as with Bitcoin, there's a reason it's priced where its priced. While I might see the future and it's potential, there's very few others in the world that do yet. As you've said repeatedly, we need an easy way to onboard new users. The tokens have to be diversified out into many more hands. Once that begins to happen, the whole picture becomes possible. But until that happens, it's still a closed ecosystem.
I keep going back to what someone said about "Mr Wonderful" buying bitcoin at $50k when he wouldn't touch it at $3k. People end up buying Bitcoin at the price they deserve to buy Bitcoin at. With Hive and Leo, I'm in with a chunk now and I'm adding to it. As the price goes higher and more things come online, I have no problem paying more for it as it's potential starts to bear fruit. And depending on how things develop, I may very well end up doing the same thing I am with Bitcoin; buying a little every week until it reaches a certain target and then just hodling. You also have to remember, I've been "back" on Hive for a grand total of three weeks. Still learning.... :-)
That's a very long-winded way of saying, yes, at this point, I only believe in Bitcoin. Ethereum I still have doubts about. And of the next generation, the only one I'm really starting to believe in as a very long-term hold is LINK. I have some small speculative stuff but other than that, Hive/Leo is my second biggest position behind BTC. I've been using the small stuff to add to my BTC but I've actually been siphoning a little off for here as well. I believe in the vision. Now we just have to implement it.
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I see the difference between Bitcoin and Hive/Leo in the risk. Bitcoin is certainly more of a guarantee at this point. It already went through its period of uncertainty and withstood the test. Hive and Leo might have more potential in terms of x multiple but they are no where near as certain.
That said, with each passing day, we see that lessening even if by a miniscule amount. Each day, more is added that helps the ecosystem.
People do not realize there are people who will not buy things when very cheap because they are not total risk takers or speculators. They are not willing to invest until an asset (class) proves itself. They are willing to wait on the sidelines while things run up, awaiting the "proof" that it is legitimate for the purposes proposed.
What are your concerns about Ethereum?
What are your thoughts on Cardano?
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Most definitely. The potential multipliers are way higher which is why you don't risk as much. 100-500x is not out of the question for Leo down the road. If the development teams hits a homerun with these first launches then, seriously, the sky is the limit.
Ethereum is standing still while all of this innovation is going on around them. There are faster, cheaper, better alternatives already. Their ecosystems aren't as robust obviously, but they're already there. And more continue to come at a rapid pace. The new ones can all do Ethereum better than Ethereum can. I just think they might end up getting out-tech'd. They were the innovator and have first-mover advantage, but like some of the early internet companies, I think they're in seriously danger of becoming, while not obsolete, a slow, clunky organism that serves its purpose but eventually kind of tops out on its potential. In a way, I see it as a Hive. Hive is an outstanding, fundamental cog in the ecosystem being created on top of it. But all of the "value" seems to be being built on top of it, without really sharing any of that value with Hive as a whole. Yes, there are a lot of synergies and the "sizzle" (like Leo) will bring eyeballs to the entire platform but what real value do they bring to the Hive token? It will be utilized in the trading engine and it obviously has the voting power but it's also inflationary without having much of the sizzle on its own. Just my opinion. Again, remember I've only been back three weeks so I'm still wrapping my brain around all the different dynamics at play here.
As far as Cardano, the tokenomics turned me off of that one right from the beginning. 45 billion coins with only 32 billion in circulation. That's a LOT of potential new coins coming on the market. Plus, there are bags and bags of the stuff out there waiting to sell at old highs. I'm sure it will do fine if they've got the tech figured out but...meh...just doesn't do anything for me. If and when it does manage to break out from 2017 highs, I might jump in for a trade but...I'd rather put my money in Leo or BTC. I mean, seriously, $1T mkt cap on ADA is $22. That's less than a 20x from here. The same 20x is BTC at $1M. Much rather risk my money there...
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I am beginning to see clearly that it is not to late to start, it's just getting to make use of the opportunities that matters most
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Yes, it is DEFINITELY not too late to start. In fact, if you are getting involved in crypto now you are very early in the game. Very early. 99% of the world still doesn't really know what's going on in this space but more are hearing about it every day. Now is actually the perfect time to get started.
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More than 5 billion people on the Internet yet only 100 million involved in crypto according to surveys.
This shows how the masses are not even aware of what is taking place here. To me, that is the epitome of early adopter.
With percentages like that, how can anyone believe that we are too late in this game.
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I feel lucky and thankful for a good friend who introduced me. I can't wait to start seeing the result of early engagement all around me
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For cryptography and especially for BTC, it is never too late to start.
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Yes, it's just that for some of us, we need to start with our capacity level.
Don't invest what you can't afford to loose
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The same rule goes for gambling, this way it doesn't hurt so bad when you give it to the house. I gamble a lot less now that I'm older. Money is to hard to come by to lose it that way anymore.
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Yes of course. I cannot compare myself with a whale in BTC to enter certain investments. We must always know what are the next steps to be taken.
This rule that you are the pure truth but that many do not follow.
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There will always be opportunities so don't be sad you missed out. Just learn from the experience so the next one doesn't pass you by.
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Sure, I still consider myself lucky.
It's all left to me now to partake full in the crypto rewards.
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This is up to a point where it makes us reflect on it because it is the pure truth. I've thought about it a few times and for those who think about the long term with BTC, it's never too late to enter.
If someone intends to leave at least 0.01 BTC as you suggest and let time do his part, in the future it will make a lot of money.
I'm not going very far, at Hive we are having more and more projects being launched and the opportunity to obtain wealth in each one of them can be great if we think about the long term and of course, I mean serious projects.
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I still feel that Hive has tremendous opportunity. We are going to see a lot of money generated on this blockchain. With the development taking place, it is only a matter of time before the network effect really kicks off in a big way.
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Yes of course, HIVE has a lot of potential and how many times have we said this here? In the next few days you will complete 1 year of life and the way things are being done and developed, the next few years will be generous with HIVE and we will see its potential being really observed.
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I agree. Hive and Leo could be "launching pads" and/or "incubators" of many new projects over the coming years. By hodling one or both of them, not only will you be able to increase your stake over time, but you'll also be able to see what's going on in the other communities and participate at very early levels. It could end up being the gift that never stops giving. Pretty exciting.
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Holding LEO will see more tokens dropped into the wallets just like we are going to see very soon with CUB. How much all of it worth is still uncertain but we are going to get a lot more wealth built upon these platforms.
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That's the idea. The more capital locked in here, the more the entire ecosystem can benefit with just minor shifts of that capital.
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For now we will be stacking LEO and then analyzing how much the tokens will be worth. The important thing is to accumulate :)
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It is really exciting, Hive has many forms of opportunities for us. The trend is to increase the number of projects and communities more and more. The coming years will be incredible.
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Soon, 10k HIVE, 10k LEO, 10k CUB would make me big time rich.
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STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Good night friends! I would like to know from you how did you know about Leo Talk?
We know that our numbers are doing well, but we can improve and the arrival of new users to this space can contribute a lot and we need some ways to make this possible.
I heard that some friends here have already made an article inviting and this is very good. I myself came here after Task did an article saying that I would reactivate that space, well ... what about you?
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I got to know about the Leomarkettalk from marvinix, I was so new to hive as a whole so he usually discusses things to get engaged in with me being the person that introduced me to hive
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Cool, word of mouth is an excellent way to attract new people.
I plan to create an article soon to draw more new users, as we need to increase engagement here.
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As soon as I joined LeoFinance I started following Taskmaster because I really like his articles. Eventually, I saw the Leo Talk post and decided to join the party!
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So it was the same thing that happened to me. I remember his article inviting and here we are hehehe ...
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@taskmaster4450le do post great articles that you can always learn from and also it gives you an opportunity to get more opinions about that same subjects....always something to learn from everyday...
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The idea popped into my head.
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I remember the older one, I checked in a few times but we didn't have this interest back then. Things sure have changed since then and now we have microblogging to look forward to.
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Yes. That just shows how timing is crucial when it comes to new ideas. Be too early, especially with technology and the idea could be worthless. Some time later, it could be a gold mine.
Leo changed a great deal since last August too.
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Time, if we know how to use it well, will always be our greatest ally. If we think about how cryptocurrencies were 5 years ago and how they are now with several DeFi projects, NFTs, games, blogs .... imagine what it will be like in 5 years?
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Yes, Task said he started this at the time of
Steemitand luckily brought it here at a great time to do that.Posted Using LeoFinance Beta
Hahahahaha ... of you was certainly Task, the biggest curiosity is about the other users but thanks for the answer lol
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Through Task. Right from when it started at first day. I've always had the "created" tab of leofinance on to know what's new in the crypto and finance world.
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I hope that many others can also find this space, because without a doubt here is a place where everyone can share knowledge.
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I haven't made an article for this but maybe I should since Project Blank is delayed. Maybe we can promote the engagement project as well.
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I believe that any form of promotion is always welcome. It depends on us.
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It's monday today , we should be aiming for atleast 350-400 comments as this is the busiest day of the week always ( not only with respect to this post ) but on Hive generally.
Will post stats soon.
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If they ever launch Cub we will have a flurry of comments, that's right, there will be another market talk post for that.
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We will try to get that set up. Although there doesnt seem to be any news coming out.
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@tbnfl4sun many people on this platform are actually watching out for the launching of the cub and of course you are right,there will be alot of comments and reactions...
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Once it comes out . I will retrieve some data to see how many talked about CUB lol that will be a fun couple of minutes for me . I love these stuff .
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You are a numbers nerd arent you?
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Lol yes I am ;)
I love data and stats..
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400 seems like a hurdle but let's try to do so. I will come back a few times during the day and try to beef up the numbers.
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Good morning and happy new week friends.
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"happy new week" sounds awesome, never heard he expression before
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Good morning. I woke up not too long ago and I hope everyone also has a nice week.
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Another great week of commenting on Leofinance. We set a record according to @leo.stats. There were 1,300 per day average. Lets shoot for 10K comments this week.
Here is the chart. Congrats to those who are banging away at the keyboard.
Leo Comment Stats Report
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Looks like the top 3 places are solid. However it looks like rank 4 might be in danger. As for 1st or 2nd, I don't think I'll be making it anytime soon.
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Impressive top 3 this week. Was great to see the two of you add about a 100 or more to your weekly total.
Shows it can be done.
A couple more do that and we will be golden.
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It's surprising that I still made it into the list with many days off engagement. That's interesting really.
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What happened with 3speak is terrible for a ecosystem like Hive .
What do you feel about the developer going rogue ?
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Obviously it is awful and a major pain in the ass. From what I read on Twitter it is getting back to normal and they made strides. There are still a few things to work out.
It sucks but that is where resiliency comes in.
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Do you think this ( or events like these ) are major problem for us who promote Hive as a decentralized platform where security is a plus point?
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Not at all. One doesnt have to do with the other. This situation is an internal matter for 3Speak. The same thing could happen on Ethereum with Uniswap if someone hacked that code and started messing around.
Hive is decentralized to the degree no one person has a majority of the tokens (or even a large percentage relatively speaking). At the same time, we run the witness system, ensuring there are not just a few nodes verifying transactions.
Finally, we have a lot of development teams. 3Speak is just one of them. Leo has their own. Hive.blog has blocktrades. Peakd is their own team.
So overall things are getting more decentralized with greater token distribution, more tribes/apps, and more wealth generated.
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Thank you for the explanation . I was afraid this issue might become a hurdle for Hive ecosystem and especially what we are trying to promote .
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No it seems they got things under control fairly quickly. The hack comments following some people around seems to be gone today. I just tried to send through a video, we will see if it works.
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This was quite detailed enough.
The more we build and spread the wealth, the more it takes power from one hand.
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I think its bad but I think its better now rather than later. This will bring awareness to the system and everyone will have to plan for such problems.
Imagine what would happen and the chaos that would happen if everything took off and we had 10x the users?
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I hear you . It's true but still I don't know why but it tells me we are yet to be completely decentralized? I might be wrong in saying that but it feels like that.
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I don't think we have the infrastructure to be fully decentralized. I think the blockchain and HE are decentralized due to witness nodes. However images and videos have not been. Also the sites that run their front-ends are also not decentralized.
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From that perspective, it is good this happened how.
It seems like they might need to decentralize their development somewhat.
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Exactly my point . That was what I am trying to tell , we should not just tell the users platform is decentralized , what about development?
This might pose problems regarding "giving keys/ authority" to other tribes.
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Well it is obvious this was a core developer. No way to fully prevent a hijacking but it is good it happened now with the numbers rather low.
It is also a good reason to delay projectblank since we want that to be right as soon as it is released. It has to be mostly bug free because we are going to tout the living hell out of it.
The worst thing to do is to market something that doesnt work. Quickest way to kill a project.
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Is there anything I'm not aware of? What's going on with 3Speak?
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My next focus is to keep adding to my TSLA holdings.
After doing some analysis from a different angle and creating a few different models, it is hard to not see crazy numbers down the line for that company.
The entire automobile model is going to be disrupted and this will be one of the companies at the forefront of this change.
Trillions of dollars on the line.
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@taskmaster4450le i believe that is a smart investment decision from you,tesla inc are doing well and in the automobile sector,the future looks so bright for the company...
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Tesla will definitely lead the pack. However I think there is plenty of competition. Right now they are a few years ahead of the pack and they make their own parts. Also I think the other EV companies are promoting their vehicles everywhere.
That's the beauty of a free market. You can see who leads but slowly you lose a bit as other peoples jump in.
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It seems Elon has been silent for a few days now. Is it that he's cooking what he wants to trend next?
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Happy new week friends here. Here's my first spot here.
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Just a quick reminder that we're unstoppable. I'm so happy for this platform especially for Leo and hive because they're after the good and financial stability of people.
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