Leo Talk 6/30/21 - Come Join Our Chat

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!

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Looks like we did a pretty good job with our comment count yesterday (Tuesday). We had over 400 total comments!

I am sure our coach @taskmaster is happy. Good job everybody. Leo Market Talk is the most engaging team around!

Here is the CUB activity information from BSCSCAN.COM for your review.

DAILY CUB ACTIVITY

CUB ACTIVITY THIS WEEK


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It required some clean up but I was missing from the chat for a while so I did a little bit of commenting after the next post came up.

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We did have a good day. Hopefully we will have another one with the hard fork. A lot to discuss there also.

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We are getting near that today also. With the fill in, we should be well above it.

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Water scarcity is some of the companies highest concerns.. Well I do wonder if we can ever get an abundance of clean water. I think it will happen over time as technology improves.

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Clean Water scarcity is a big issue in developing countries. Hope technology could solve it. Water that is unfit for drinking comes with a lot of diseases too.

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More FUD. Water is an energy problem. We have plenty of water, just look at the oceans. The problem is we cant drink it. Yet we already can desalinate. So it is just a matter of generating enough low cost (free) energy to make it cost effective.

It is being worked on.

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That's spot on.

Once we can scale that process, it wont be a problem no more.

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Is there a Hive dapp which shows the total number of Hive accounts that currently exist on the blockchain? 🤔😅

Keep in mind that some are alt-accounts. There are folks with more than one account for different reasons. Also some accounts are inactive.

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I know that the total number of Hive accounts that currently exist on the blockchain may also include alt accounts, bot accounts, inactive accounts (and mined accounts, whatever they are). 🙂 I was just curious about the total number of Hive accounts ever created. 😅

Have a !PIZZA with !LUV again! 😁

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@sgt-dan! I sent you a slice of $PIZZA on behalf of @savvyplayer.

Learn more about $PIZZA Token at hive.pizza (10/10)

I was wondering the same. Hive is still very much underrated.

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I don't know but maybe @amr008 can get that data for you.

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Thanks for that recommendation! 😀

Hey @amr008! 👋 Can you tell us how many Hive accounts are there on the Hive blockchain? 😅

As of now there are 1478549 accounts on Hive .

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Those are all accounts ever created? Just curious

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Yes from the genesis block on Steem.

Almost 1.5 million accounts.

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Thanks for that data! 😁 I don't know where else I could obtain it. 😅

I haven't seen it mention anywhere else too . Just tag me if you are looking for any data , I will get back to you as soon as I can .

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Thanks for your offer! 😀

I would remember to ask you when I want or need Hive stats (reminds me of HiveStats.io)! 😁

You deserve a !PIZZA! 😁

Elon Musk expects 500K users on Starlink within a year

Elon can be optimistic but if that is the case, at the present pricing of near $100, that is $50M per month. Not a had starting point.

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I think they already got 500k pre orders for starlink setup. But yeah, it would take a while to bring up the services and to onboard users.

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That would make sense since that would be where he got the number from. That is some quick revenue if he gets it. I believe the service is about $90 a month, which means he can be pulling in $45 million a month within a year. In a couple years, they could easily 10x that to 5 million subscribers.

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In a couple years, they could easily 10x that to 5 million subscribers.

Which is still a drop in the bucket on a planet with over 7.5 billion people.

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That's right! Since it is going to benefit the population in developing countries, there is a good chance people will use their services.

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Especially since developing countries tend to have rural areas. That could actually speed up adoption since it makes it easier for the service to work.

It would be a great windfall to many of those areas. They could get started in the online world and hopefully pull in monies into those areas.

Crypto is a great place to start by signing onto Hive.

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Platforms like Hive have huge scope in countries like India. We already have the cheapest Data Plans in the world. Can't imagine what will happen when remote areas get access to Starlink's high speed internet connection.

Indians dominate the social media world in terms of numbers. Local crypto community has grown quite well in the past 2-3 years. It's the best time for Indians to start their crypto journey with Hive.

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That would be nice but I would have to wait to see how the quality is from the ground first is. As far as I know, a random bird might be able to mess up your connection right?

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a random bird might be able to mess up your connection right?

For real!
I don't know if I have heard that before, hope to see how things go in the coming years.

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It is the first in a wave of new innovations that we can see. That will be the difference between what we see over the next 20 years and what happened since the turn of the century.

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I am not sure a random bird but I would imagine it is like satellite television. It wont be very good in a rainstorm.

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Let's see what has to offer. Seeing how expensive is internet in my country wouldn't be an issue.

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Yeah the cable and phone companies basically established a duolopy which makes price set by them. It is ridiculous what people are having to pay.

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That's a good one from elon. Though can't say much for the numbers but I think we might have a total decentralized internet through starlink. Hopefully it expands to more countries with time.

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I dont think this is remotely decentralized. This is being run by a company, one that will likely end up as a public corporation. Hence, it will be similar to the cable companies today at some point.

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hehe it looks like he already pushed the Starship launch forward... he said July a few days ago and now it's "in the next few months".

But anyway, I think it's going to take him some time to get back the 30 billion he is going to put in Starlink but I agree that it's a good start

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Tesla is the clear winner in the EV race. I tend to agree given the battery technology.

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Many of the legacy automakers are cooked, they just do not realize it.

Do not be surprised if half of them are either in bankruptcy or near it by 2030. The only way some might avoid it is if their government's give them a bailout like GM got in 2009.

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Indeed, I believe it might be overvalued in the short-term but Tesla changed the pereception of EV by customers for EVER. EV used to be some kind of weird ass car, very expensive and for ecology zealot.

Now, a Tesla is a RICH people car, showing that you have made it (as Audi, Mercedes.... in the past). This was a game changer. People do not want EV, they want a TESLA.

It always take an outsider to change a sectori I guess... Think about photography. Kodak invented the first numerical camera. It did not end well as they were trying to save their old business.

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That is very true @vlemon.

Another one: it was Netflix not Blockbuster that change the distribution model of video.

As for Tesla, now there are reports they are working on a $25K model. Like you said, it is not that people want an EV, they want a Tesla.

The brand is going to carry them to the top.

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Feels good that you agree with me !

Indeed, Tesla has a very good brand image as a few other ocmpanies such as Apple or Google. They need to deliver and not f**k up and everything will eventually work out :D.

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Like us in crypto, they just need to keep building.

I had Tesla stock the past 4 years now, off and on. Plus I follow them closely from a technology standpoint.

They are totally changing the automotive industry with electric and will seriously alter transportation with autonomous.

And, oh by the way, they build an exascale computer in the process.

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Yea I was surprised that CNBC allowed the article to go out.

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Maybe they realize it is fruitless to keep attacking Tesla. They are able to keep growing and selling all they can make.

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I agree as well but I think it's much more than the battery technology. They are ahead in every aspect and the competition is trying to play catch but I don't really think they can.

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The first vehicle I'll finance, will be a tesla work truck!

Wen Cyber Truck?

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#soon plz! When robo lawnmower?

No idea. I am guessing a decade lol.

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They have them they just arent very good. Hell they are still trying to get a robo-vacuum operating properly.

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Haha yea, some things really take a humans touch! Maby some day I can train the robots how to professionally mow and edge a yard lol

Austin is the place to watch for that.

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I agree. There is a lot of things they are dominating in. They are manufacturing plants like they do cars. At this point, I think they are experts at it.

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No surprises. They are ahead of their competitors with a huge margin. Since they are the prime innovators in space, I am sure they will keep the title in the upcoming years.

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The space company is technically separate although there is cross engineering between the two.

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Oh Sorry for the confusion T. I meant 'in the EV Space'.

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Ah ok. Yeah. That said, there is a close relationship between Tesla and SpaceX for obvious reasons. They do collaborate on things.

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Both are futuristic babies of Elon. ✌

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He has a lot of them. We will see if he can thread the needle on all of them.

If he can, he will be worth over a trillion dollars.

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Saw this pop up in my email from coinmarketcap.

Apparently Satoushi is English and well the courts believe so... is the UK really this broken? He won his case. Probably not the best idea and now he will become the FBI most wanted. Perjury is a significant offence to so if he changes his stance....

Bitcoin.org has been ordered by a British court to take down the whitepaper for Bitcoin after the website was accused of copyright infringement. The case was brought by Craig Wright, who claims he is Satoshi Nakamoto, the cryptocurrency's pseudonymous inventor. Bitcoin.org was also told to pay $48,000 in legal costs. The website's owner has reacted furiously.

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Sounds interesting. I didn't know about this but I wonder whether or not that guy can prove he is Satoshi. I want to see him move the BTC stashed inside that unmoved wallet.

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Highly doubt he could but the lack of identification on who Satoshi is creates a legal loophole. Not the courts job to disprove who he is it would have been the defendants.

Damn, I liked it better when Satoshi Nakamoto was Japanese!

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He (she) might still be. It is unlikely that Wright is Satoshi. He is a conman.

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Wright might be the biggest fraud out there.

If he was Satoshi, how come he cant move the Bitcoin?

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Maybe he lost his keys 🤣 I'm shocked that this stuck if it's not him. This world is/has gone bonkers.

Coinbase is looking to add a dAPP store. Looks like they will be entering the defi world, legitimizing it further. Gotta keep building CUB. Could be huge down the road....

https://cointelegraph.com/news/coinbase-reveals-plans-for-crypto-app-store-amid-global-refocus

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Cub has enormous potential. At this point, it is an open game in terms of branding. That is why it is so important for each of us to do what we can, to put forth top notch posts, because it all feeds into the brand.

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Will Coinbase even add CUB?

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I will be happy if they work their way around to Hive.

CUB is much lower on the list.

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I am open to development and opening the crypto sphere to new users innovative initiatives.

The review of coinbase listing criteria seems like good news. Maybe we can get a hive listing.

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I am just wondering if they will be targeting the ETH side or BSC side.

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Coinmarketcap now has embedded a DEX with uniswap it's first. No doubt it will do more. Check out there website on desktop and a little swap icon is floating on the webpage.

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Everyone ready for the Hard Fork today? What are your alternative plans if the chain becomes un-usable for a short time?

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Drink! :P

But I'll do that if nothing goes wrong as well

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There is help for that you know. LOL

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No plans but I think it looks like there are no issues so far to me.

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Sleep!!!!

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Nice answer! 😀 However, it actually depends on which part of the world the person reading your comment is located at. 😅

10AM here in NY. Anytime of the day is a good time for a nap!

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It was a good time for a hard fork it seems.

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No problems here ... so no nap - damn it!

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Now that the fork is complete, nap might make sense. I am sure there are some Witnesses in the east who are hitting the sack about now.

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Napping is different from sleeping! 🤓😅

Anyway, thanks for your reply. 🙂 You might want a !PIZZA! 😁

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@kevinnag58! I sent you a slice of $PIZZA on behalf of @savvyplayer.

Learn more about $PIZZA Token at hive.pizza (4/10)

This is quite a niche service and a bit of a funny one. For a fee, Postdates will get your stuff back from your ex.

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Well its a fun change but I wonder how many people will really use it.

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These days, that should be a busy market.

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Germany's financial market watchdog BaFin on Monday granted the cryptocurrency exchange Coinbase permission to provide crypto custody services.

In 2019, germany passed a law under which all firms keeping custody of crypto assets for german citizens are required to have this license. This will allow Coinbase to provide more services and offerings in the country.

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That is not much different than the US. We have similar laws that state those who want to be custodial institutions have to be licensed.

Coinbase already went through that process here so I am sure it was no big deal for them.

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Yeah. Seems like it's business as usual for them. This might help them expand a little bit in Germany.

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I am wondering what their stance on crypto is since they are allowing Coinbase the yes to crypto custody. As it is centralized, I don't know if they agreed to some shady agreements.

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By imparting such regulations, the government is saving their citizens legally from Coinbase but who will save them from the government. 😂

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Maybe Germany is not the first country you think about when talking quantum computing, but it looks like they are putting some effort in building a quantum computing ecosystem in Europe.

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Germany is known for engineering, so it's not a stretch to think of Germany as a leader in this area. Belgium, though, is another matter altogether.

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That is true, they are known for engineering but not computing.

Quantum, at this time, looks more like an engineering problem than computer. We know what quantum mechanics posits, it is just a matter of building machines that can do it.

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Not really surprising to me. I have a feeling all major countries are going to be jumping in.

This is only going to keep growing.

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This is a couple days old but I just saw it now: Mexico's Supreme Court has decriminalised recreational use of Marijuana. Good news! I hope other countries will follow

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A couple states in the US did that too. One even legalized magic mushrooms. Prohibition is stupid and falling apart at the seems.

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Yea, the so called war on drugs made us waste a lot of money for nothing here...

I think magic mushies are already legal here, but weed is still prohibited.

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The war on drugs was the biggest waste of money. Well not the biggest but up there.

Seems governments are spending into oblivion all over the place.

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Its a larger trend going on. From what people see, they don't see weed as a reason for such harsh punishments if they do it properly.

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There is no reason to punish people for weed. It is stupid. Tobacco and alcohol are legal yet weed is not. Makes me start to buy into those who promote the idea that weed has actually medicinal benefits.

Either way, that is one positive about CA, I think they are getting very lax with the cannabis laws out there.

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Yea but they are lax even with normal crimes... All those people walking in to steal from shops then leave.

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Hey guys , some of you asked me which are the nodes which are giving me least troubles -

I have the answer - https://api.hive.blog .

Have been using it since yesterday and not a single error so far .

Will update you guys if it starts acting crazy .

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I think I switched to that from deathwing.

We are now passed the hardfork hour.

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I am on deathwing and I haven't had any issues for a day or two already.

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Cool, it seems to be working ok for me too

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Bitcoin price

The bear is out in force. How low will it go?

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Has anyone checked out Bakery Swap after the new addition to Kingdoms?

I just did am really am not impressed with the site or its's yields. Just another reason to stick with Cub!

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Another rug pull earlier is enough reason for me to stick with Cubfinance.

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What got rug pulled now Task?

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There was something last night, small deal. The developers got away with about $2 million.

I dont think Cuban was involved in this one.

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Good thing Cuban was not involved. I don't think I could stomach him whining "regulations, regulations" again. It may make me throw up in my mouth.

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What is Bakery Swap? Is it just another random copy cat platform?

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Yup, yet another clone of Pancake

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I only used their services one time and it sucked balls so I'm trying to avoid them for now... Cub is my go to!

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In thinking about it I think I used it for a swap once because nothing else was working for me. I had no problems with that though.

I'm kind of surprised the new BTC Kingdom is run through Bakery - actually, very surprised.

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Government must have power to reverse crypto transactions, says co-chair of blockchain caucus.

LOLOL, they can't do shit. Can't defy science. 😂

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I don't think they can for any decentralized blockchain. In things like STEEM or other chains, maybe.

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There is no think about it. There is no way to do it. This guy is talking about his ass.

Another clueless fossil in the United States Congress.

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It's outrageous to even think about shit like that

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Another dipshit in the Congress who has no clue what he is talking about.

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I have a feeling most of them tend to listen to the mainstream guys and banks. So out of the old guys, how many would actually take it up. As for younger people, they might give it a try but I feel like they would go YOLO.

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FUD kills YOLO.

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Reasons to not leave money in Venmo. It does sound like a hit piece by the banks though.

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It could well be a hit piece paid for by the banking system (under the table of course). They simply do not like the competition.

FinTech has been cleaning their clocks for two decades.

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I never used Venmo.. I'm not sure if they operate here

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Those are actually all legit reasons to not leave your money on Venmo. Not sure it's really a "hit" piece, and it doesn't really bash the service. It just points out that you don't earn interest, it isn't insured, and getting money off of it takes time. All true.

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Venmo is owned by Paypal. So your money is definitely not safe there.

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Hardfork 25 is live! What are your expectations?

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The fact it is working is a big expectation. I already moved my HBD to savings to earn the interest. We will see when the front ends start to incorporate some of the other features.

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I haven't really seen much of a difference so far but I guess we will only see it later.

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No time to explore it right now but hopefully everything is working well!

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You would know if there were issues. The nodes would be down and you would get an error page.

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SafeMoon Guide

Who's stepping up to contribute to our guide to SafeMoon?

Introduction to SafeMoon - Done
How does SafeMoon work? - Done
Is SafeMoon a scam? - Done today
Why is SafeMoon popular? - Done
Should I buy SafeMoon in 2021? - Done today
SafeMoon pros and cons - Done today

Any other subheadings you think I've missed?

@unorgmilitia talked about doing one on the following: TasteNFT and their "Rugpull buyback" program that their lead dev Mickey is conducting with Nudez, MoonlyFans, and AkuAku.

Looking forward to that, mate!

As always, doubles are not discouraged as it's all original content that links to the main guide which builds us as an authority on the topic.

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I was reading some articles about Safemoon being a scam or not. They left me scratching my head, so I didn't know what to make of them.

I can do pros and cons of Safemoon, although I'll need a few days. End of week should be good, if not earlier.

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No rush.

I'm looking forward to reading what you come up with :)

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I'll cover Pros and Cons Chief!!!

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oops - never mind, I see someone else has that covered.

So I'll pick up the last one for ya! (Should I buy?).

This should complete Safemoon (good!) any thoughts to what's next?

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Do the pros and cons as well if you want.

The more content we have the better!


A few choices:

  • Polygon (MATIC) - More legit project.
  • Shiba Inu (SHIB) - Heaps high search volume like SafeMoon.
  • THORChain (RUNE) - A LeoFinance community darling.

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OK, you'll probably get one today and the last tomorrow.

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RUNE would be nice!

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Anything besides SHIB is fine with me. I use and know quite a bit about MATIC - but I'd like to know a lot more about RUNE.

Your choice though, I'm just a 'workerbee' here (pun intended)

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If SHIB is an upcoming guide, I'll contribute to that one.

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As shit as they are, SAFEMOON and SHIB are the 2 cryptocurrencies with the highest Google search volume right now.

People are idiots, but we need to feed them what they want ;)

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Write for your audience, not for yourself.

We need traffic so what you are doing is adding to the mix.

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Hey I own 2M+ of it. Am I one of the idiots even though I have an exit strategy???????

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If you use Pancake Swap to sell your SAFEMOON remember that you will have to change the slippage rate to 12%.

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Correct, they have to get their 10% tax somehow.

I'm still in hodl mode though...only a little better than 2x on my initial investment. I'll wait and see how things shake out over the next month or so. Hopefully the Devs are greedy and are waiting for a 25x to 50x on all they are holding before the rug (LOL).

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It's all good as long as you make money ;)

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Dane:

I finished and published: "Should I buy SafeMoon in 2021?". Feel free to edit as needed.

I will try and get to "Pros and Cons" later today, but with the hard fork who knows.

Just FYI, I am free all weekend as my plans have radically changed. If you pick the next topic for inclusion in the guide I can get a head start for you then.

Keep on plugging my friend - only like 5000 more coins/tokens to go (LOL).

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Thanks mate, nice work.

I know you're not a fan of writing about SafeMoon, but if there are any subheadings you think should be included, feel free to make up your own.

But yeah, I'll have a new one up ASAP haha.

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Oh take your time with a new one. I have time over the weekend for it.

Really can't think of anything else for Safemoon. It's a shitcoin. Yes, I own it and am looking forward to my exit at a realistic 5x.

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I think the rug-pull buy back might be too off topic.. it's only relation is the fact that these are mostly RFI tokens which are clones of safemoons code.

Soros Fund Management has given green light for crypto trading. More institutional investment coming in. It's a private American investment management firm based in NY.

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Soros has a very bad reputation with many here in the United States. A Jewish Nazi collaborator, accused of being a supporter of extremist leftist groups. The name alone causes emotions from lots of folks.

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I didn't know anything about Geroge Soros. Seems like he has a lot of influence and controversies associated with him.

A Jewish Nazi collaborator, accused of being a supporter of extremist leftist groups.

That a very bold accusation. Is there any proof of this? Various political parties spread such theories and create propaganda when they do not like someone. But if it's true, it sucks ass.

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You are correct. This is just the narrative that I have heard from some. He is actually quite the philanthropist.

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I would avoid anything involving George Soros since he is someone earned a ton of wealth collapsing currencies.

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Also helping with the genocide of his own tribe and profiting from it.

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That's some shady shit! I didn't have a clue about it. His firm manages and run a decent size hedge fund that is now planning to get into crypto as well so I thought it's shareworthy.

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DOn't relly know the guy but there is a lot of controversy around him, it seems

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Yeah, looks like he has done some shady stuff.

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Welcome to our daily @leomarkettalk room.

Today is Hard Fork Day. Hopefully everything goes smoothly.

It is another step forward for Hive.

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What will happen once it is forked?

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Hopefully you will not notice it happened. If that is the case, then everything went smoothly.

A fork in this instance is nothing more than a software update. The base code is being changed though.

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Unlike the hard fork to break away from Steemit (which made a new blockchain necessary), this hard fork is just an update and there is no break from the Hive blockchain, is that correct? Same blockchain, just a newer version?

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What technically happens is the chain is split in two. The difference is the witnesses stop running the old code so the old chain effectively dies.

If the Steem witnesses all stopped running it (ie Sunny Boi) then Hive would have been the survivor.

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Correct. This is just a blockchain's way of upgrading and updating their systems. Very standard procedure although they are definitely noteworthy for what they "change".

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Oh okay

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Depends, if no protection it can lead to pregnancy so it's always safer to cover up.

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Well if there are unexpected consequences, GitHub has a revert function lol.

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Haha that's good to know then :)

This is a very exciting day as far as I am concerned. Forward, ever forward!

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I just moved my HBD to savings. My first use of a new post hard fork feature.

Well could always do it but now have to if interest is to be earned.

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I hope it goes smoothly as well. It's a big day for hive entirely

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Yep in another 13 hours and some change it goes live.

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This is my first hardfork!! I feel so blessed and excited!!! I got butterflies in my tummy!

Blocktrades is king and we are his devout 🤣. He/she is really good at what they do.

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Yup! I really enjoy their customer service too!

Yeah he is doing a great job leading his team.

Howo also had a big hand in this fork, he did the Recurring Payments coding.

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We are much better in Blocktrades hands than Steemit Inc.

So I expect it will be smooth.

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Awesome! I am so excited, and glad to be in such good company! SpkNetwork is going to be HUGE!!!

That is very true. SpkNetwork has amazing potential.

Both Matt and Dan are going to be on Tuesday's Cryptomaniac show.

It will be at 2 Eastern Time on the 6th.

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Awesome! I look forward to this podcast! Have you gotten any update on @Klye's progress on HSC?

No updates. I know he was dealing with some health issues. I hope he is getting back to normal.

I havent heard about HSC nor Hive.loans. So no idea where they stand.

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It's also my first hard fork so I hope it goes well.

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I don't know if this is my first hard fork but am excited about this one.

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If you were here back in September, then you went through one.

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Oh wow, I can't believe it's already here!

Fingers crossed that things will go smoothly and that it takes Hive to another level, one step closer to where it's bound to be

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Yes we are seeing a few important features added. So it is a major step forward. Hive is getting stronger by the day.

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I am hoping there are no issues... I still need to do the clean up tomorrow.

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Every little bit helps.

Yes we all do. After going through so many hard forks with Steemit, Inc., the bar is pretty low.

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I finished the clean up and we are at 410 comments on yesterday's post.

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Great job. I am going to add as much as I can to this one today. We are trailing. Have to get over 200 before noon if we can. Then we might have a shot at a big afternoon if people come in talking about the fork.

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Awesome. Looking forward to all the cool changes!

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Robert Kiyosaki warns of market crash and pushes commodities like gold and BTC. I wonder if he has some decent BTC holdings or not.

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i hope he does. He's a type that doesn't like to put all his eggs in one basket

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Another one who keeps beating the same drum.

He claims to have invested in gold for 50 years. I wouldnt brag about that since that is a crap return over that time.

The market might crash but that just makes him a broken clock.

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He claims to have invested in gold for 50 years. I wouldnt brag about that since that is a crap return over that time

A very crappy one to be honest. Gold would never be more productive as cryptocurrency. Whichever ways he chooses am sure he'll be fine. i do love his book "Rich Dad Poor Dad", learned a lot through it.

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He does give some terrific basic financial advice and a way to have a different outlook.

However, from what I heard over the last few years, he is way off on his knowledge of economics and knows little about high finance.

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However, from what I heard over the last few years, he is way off on his knowledge of economics and knows little about high finance.

I think that's expected of him, since the world is changing from what he knows back then when he wrote the book(rich dad poor dad). Would be a different content if it was written during this present generation filled with a lot of financial opportunities online, which cryptocurrency played a huge part in it.

Hope we have such a great book that can relate to the present financial situation.

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That is true but it is about staying up to date. Plus I think he lacks the background or study to understand what is happening. He just espouses a certain ideology that is continually being proven wrong.

Rich Dad Poor Dad is an excellent book for mindset and some basics in finance. Outside of that, I dont see much value in what he talks about.

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I'd bet that he does. He is very bullish on BTC and has been for some time now.

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REMINDER:

Get your damn cookies you sugar addicted, sweet tooth mother f**kers.

Fill them jars.

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Another to the jar! It's cold here so I need some extra sugar to burn

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Cookies N Milkin!

Cookies? Is this another one or candies and diamonds?

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It's candies. Obviously task has been sitting in the corner gobbling down a bunch of his stash. Watch out for the crash later. He may get cranky. lol

Got my 50, by the way. Back to 10 on the diamonds.

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Haha awesome! I see we're aligned at the same time then too. I'm back to 10 after today too.

I get my sweets confused.

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cookies????

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Candies, diamonds and hearts again today.

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DONE!

It's a sugar rush 🍬

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The age of disruption is upon us. I watched a documentary on Bethlehem Steel, which was, at one time, one of the largest steel producers in the world.

It is also an example of what can happen when lower priced, more agile competition enters the picture.

How many Bethlehem Steels are we looking at today?

Anyone care to offer up a few suggestions and why you think that?

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Well, I think a few of the national homebuilders might fit that description, unless they transition to the 3D world at some point....

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That is true although I imagine that are watching that closely. But then again, there are plenty of situations where the disruption was obvious yet the incumbent just sat there.

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Speaking of a company left for dead, or so we thought.

It seems Pitney Bowes is emerging as one of the leading ecommerce companies. Here is an article that details a robotic system they designed to handle the sorting of parcels.

Since ecommerce is only going keep expanding, this is a huge opportunity.

Of course, more automation.

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Pitney Bowes equipment was still in use in many mailrooms in the corporate world as late as 2019; I'm not sure what happened after that, but I have a feeling they are still there. It's good that Pitney Bowes stuck around to be able to take advantage of current market conditions.

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That is true. Yet that was a company that had mailing equipment in many offices, something that died.

It is not surprising that they are moving to robotics. They could be one of the companies that ends up feeding the likes of Amazon.

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I didn't know about them but it's a very interesting article.

I have worked on a sorting project once. They did use robots but they were very dumb robots back then. Incredible how things evolved in such a short time

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Incredible how things evolved in such a short time

I think this is a point that people do not understand. They do not realize how rapidly this technology is moving. What was completely useless 5 years ago is now an everyday thing.

Dumb is only a temporary condition.

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What was completely useless 5 years ago is now an everyday thing

I guess a lot of people are not really paying attention to what is going on or they are just too dumb to figure it out.

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Most are not accustomed to the pace of change, especially if they are older.

The younger crowd is a little more in tune.

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It really comes down to computing power. Questions and issues that used to take years, or at least months, to solve, can now be figured out in weeks and days. The ability to run simulations and tests using more advanced equipment leads to.....more advanced equipment. Again, it comes down to figuring out the right questions to ask. If you have a little foresight, you can jump the competition in a fairly short period of time. The problem is, you can also get leapfrogged. Gotta stay on the cutting edge. That's the hard part. As quickly as they have "reemerged" they could be gone again.

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To add to that, the "hit" can come from anywhere. Now, with companies that can go into any industry since it is all software, someone across the world can come up with an idea and crush an industry.

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Even most younger ones are just tagging along the ride I guess. Everything is kinda weird to take in most of the time.

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The switch to digital is going so rapidly and I think covid pretty much made people spoiled. They prefer to order things online now.

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They were ordering online before. This just upped it. There is no doubt it was the direction things were going. Now it is in overdrive. The next step is to work on the last mile of delivery.

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Code starting to write code

This is something that is a foregone conclusion in my opinion. Now OpenAI and Github have code that analyzes code already written to write new code.

All part, I guess, of the GPT-3 family of innovations.

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There goes all our developer jobs.... lol jk

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AI isn't ready for memes, though. Developers can move into Meme Hub.

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Memes are a growing part of life.

They might be the foundation of the Metaverse.

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Just because of the unpredicability of memes, real people are still needed to generate them and to handle them. As powerful as AI is and will be in the future, AI is merely supercompetent; memes need the human touch.

Besides, there are memes where we find ourselves asking "How crazy is that?" What we don't need is a crazy AI.

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Now you are presuming that AI lacks creativity which has been shown to be false. We will see how things advance but I am willing to be that AI will be able to generate memes that are just as good as humans.

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You arent far off. Many developers have told me they expect to be out of work at some point.

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It can write existing code and update but at this early stage it won't be able to think of new things. Eventually it probably will which is scary

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Facebook, I believe, had a couple of AI systems that developed a completely new language between the two of them.

So I am not sure we are far away from the last part you described.

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Oh chit that is scary. I wonder how much of the unknown we don't know and how much we do know.

Is it even possible for us to know what we don't know?

There could be stuff taking place and we have no clue that it is happening. Of course, that was true throughout humanity's existence.

What is taking place in the universe that we are oblivious to?

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Skynet is here

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Been here for a while. It is just growing up some.

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That's truly incredible. And we're still very early in that game. Imagine what it's going to be able to do in a few years.

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It is incredible and also a bit scary. We are seeing a rapid advancement down a road we cannot truly say that we know where it ends up.

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That IS actually a little scary. But, as you say, it could lead to some amazing development and innovations. What it all comes down to will be asking the right questions. If there is a code that can just keep re-writing itself until it finds a solution, never tiring, never sleeping, the possibilities really become endless.

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Well I am not really surprised. With all the packages and stuff people have created, writing programs isn't as tough. But the debug process is probably still just as bad.

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How you guys doing today!?

COLD lol

There is a cold wave coming from Antarctica and it just hit Brazil. We're not really used to that kind of climate so it's kinda annoying!

How are you?

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We are experiencing a heat wave in the pacific northwest! So it seems like the poles are shifting and the world is ending.. but other than that I'm doing good!

The Jet Streams are awry due to the solar minimum. Depending upon what side of it you are on is what determines what you experience. The middle of the country is getting hit with temps far below normal.

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Amazing how quickly it hit you. The other day it was mild.

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Yeah, it happened very suddenly!

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Welcome to the new normal. The solar activity is going to make life very difficult for the next few decades.

Just like the overpopulation situation, we will see a reversal (or a quiet not mentioning) of the mainstream propaganda in a few years.

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Great and fine. Tbh....I have missed being here

Still feels like home. The only place I feel more safer with on Hive.

How you been holding up too?

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I'm good, and glad to be back home on hive!

We are always here. The room is always open.

Don't be shy, show up.

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Great. Just finishing up some comments before going to sleep.

How have you been?

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You sleep?

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Of course I sleep lol.

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EUR/USD high volatility. Just some Forex news for some change.

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John Kicklighter's analysis is a little hard to read, but he knows his stuff.

He actually Skyped into a job interview I had many years ago.

I didn't get the job, but I won't hold it against the guy ;)

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Lol I just have a few things to get a hold on how DXY performs and the EUR/USD affects it quite a bit sometimes.

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I watched a YouTube video on Chrome for the first time in a while. Damn did it suck. It was a 10 minute video and there were 3 ads during it, one for 15 seconds.

I usually watch them in Brave where all ads are blocked.

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Lol I would agree. Sometimes I do get stuck with the pre-roll ads on youtube for a few days at a time.

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Brave zaps all the ads for me. It is the only way to deal with YouTube.

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It usually zaps them all for me but sometimes it just seems to run the pre-roll ads then goes to the video. At worst it wastes like 15 seconds.

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Happy Fork Day.

It should be happening in a few minutes. See how this goes.

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What is the feature you are most excited about with this hard fork? Or what do you think has the most potential?

I am a huge fan of recurring payments.

What is yours?

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I am more a fan of the more linear rewards.

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That is a helpful one too. I really dont pay attention to my Hive curation rewards so I will have to watch them. Perhaps they will go up.

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I like the recurring payments too

I'm not even sure of all new features so I should get up to date asap

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There were only a few that affect users.

The witness voting was a big one too. As long as you do a governance activity once a year, you are okay though.

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650 banks to soon offer Bitcoin purchases.

It is starting to spread. This is a train that just keeps getting more powerful.

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Yea I think more and more of them are planning on adding it. I see no reason for them to refuse the fees they get for processing the purchases.

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Yeah. And I see no reason to use it when there is no need to pay the fees. LOL

But most will take the easy route.

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The hard fork appears complete.

I just moved some HBD from liquid to savings.

To get the 7%, HBD now has to be in savings so move it if you want that. A great place to put some of the gains people get from speculation.

There is some talk we might see some of the witnesses push that up to 10%.

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I don't plan on moving all my HBD to savings yet because it would probably mess up my Saturday Saver. Well who knows if I will play catch up in the future to finish it all at once but I prefer holding more HIVE.

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At this point I took some off market. Was a few hundred worth that I put into savings. Keep the different layers of payouts coming.

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Cool, I'll be moving too!

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Lock some of the HBD up. It will be interesting to see what happens to the price over the next couple weeks.

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For all the fans of flying cars, Hyundai says they will be a reality by 2030.

I am not sure if this is true or not. I imagine the regulatory hurdles will be a nightmare.

But we will see if this take off (pun intended).

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Yea I don't think flying cars will really take off but I think I heard about cheap electric helicopters or something like that.

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That is what perplexes me. Helicopters are basically flying cars and yet they are rarely used. Perhaps cargo shipping might be the use case for the flying cars.

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I don't think flying cars will really take off

Pun intended? LOL :P

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This one, not on purpose but applicable. LOL

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Lol I wasn't really writing a pun but it came out that way.

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Global internet in a few week? This is exciting news if it is true.

Elon Musk claims that the service will be available worldwide in a few weeks. We will see how accurate this is. With Musk always add to the time. I would say if we get it by year end, that will be great.

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Musk does have some pragmatic views:

“Our goal is not to go bankrupt,” he joked, referencing the tumultuous history of the industry. “Step No. 1 for Starlink is don’t go bankrupt. If we succeed in not going bankrupt then that’ll be great and we can move on from there.”

LOL well yeah that is true. Hard to do great things when bankrupt.

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Well I think its an obvious thing for most people. I think as they gain more users, they can drive down prices.

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Being the only real game in down, they could keep prices elevated. After all, they are competing with the cable systems who are known to gouge people.

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That's also my Step No. 1 every day I wake up!
Good to know we have that in common LOL

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As I said, pragmatic.

Some believe the best way to approach things is to look at the downside and do all to avoid it.

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Well Musk tends to exaggerate the time quite a bit but I probably wouldn't use it. The service just isn't cheap enough for the metro area.

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I am not even sure it works in a metro area.

My understanding is it needs line of sight with the satellite. Does anyone know if that is true?

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I guess the demand for reusable 3-D printed rockets is increasing.

Relativity Space is adding a new facility, over 1 million square feet.

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Well it would save a lot of time and cut production costs by quite a bit. I wonder if Elon Musk is using them as parts for his rockets.

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I have not seen his name tied to that company at all. Bezos evidently took a look at it. I am not sure who they are catering too.

Of course, I dont think they had a successful test launch yet so that is what everyone might be waiting on. I believe that was due to happen in 2021.

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Yes, he is. Some engine parts of the Falcon9 are 3D printed

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Ah ok. Is he tied to this company or is SpaceX doing it on their own?

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Hmm not sure actually. I think I remember reading that they are doing that stuff in-house but don't quote me on that

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I tend to agree with you on that. I think SpaceX is really doing like Tesla, vertically integrating.

The interesting thing about the other company is they are 3-D printing most of the rocket, not just a few parts.

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Of course, this company is 3-D printing the entire rocket.

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cooling paper to replace air conditioning?

This is what one researcher is looking into. The innovation actually cools homes by absorbing the heat from the sun and redirecting it.

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Its an interesting concept and the no energy needed to power would be amazing.

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If you think the energy companies threw FUD at Musk, can you see what they would do to this?

Imagine the FUD this project would get in the media.

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Lol I am interested in seeing the FUD articles if they make them.

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That's very nice and it's recyclable too.

I don't like air conditioners because they make my eyes dry so I'd love that alternative

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I dont like it because it makes my electric bill very high. Imagine the energy savings if something like that took off.

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Lol that is also a much welcome improvement :P

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Nobody likes to give extra money to the utility. They suck.

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Gas peaker plant replaced in California by Tesla megapack batteries

This is a big project. Nice to see battery back up provided. This is where I think Tesla can clean up. Replacing peak plants which are only required a couple times a day is something that batteries are ideal for.

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Well I am not sure if the government has a hand in this or not. Given the rolling black outs we had before, I will wait to see what happens before giving a decision on whether or not it was helpful.

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Well I am not sure this will solve the rolling blackouts. This could help the local arena in CA but the CA grid needs a lot of work. There is no way they are going to be able to keep it going without a lot more power generated.

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Oh we could use some of those here

We have cheap hydro but in the dry season sometimes we have to light up the gas plants and the prices go up

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Yeah the battery storage for peak plants makes the most sense to me. That allows for energy storage when the generation is high (and price low) and then reverse it when everyone gets home from work.

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200 comments reached before noon Eastern time.

Can we double it the rest of the day to get to 400? It will be a stretch but if we can get 10 people working on it, I think we can reach it.

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I think it might be a stretch but I got more time so I am adding as I can.

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Yeah it is a stretch. We are now over 260 with 6.5 hours left.

We need a few more people to join in to hit the target. If we could get 3 or 4 hitting it like us, we would be there for sure.

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Busy day here, but I'll try to drop by and land a few comments whenever I can catch a break

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Thanks for that. We keep adding. Over 300 comments now.

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The street is now estimating Tesla's Q2 deliveries to be 205,000.

That would top the record set last quarter of 180K or so. It is going to take more than 100K delivered in the month of June to reach that target. That would be, by far, a record month.

We will know in a week or so when the numbers are released.

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It will be interesting to see whether or not Elon will underperform or not. I wonder if we will see another email stating that people need to work harder to hit goals.

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Yeah that is the typical end of the quarter email from Elon. Same as always. We need to push to set a record.

I have no idea if they will hit 200K. That would be a nice jump off the 180K quarter over quarter. Rumors are the plant in China was shut down during part of April. So the numbers were down that month.

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That's a tight schedule. I'm looking forward to see the actual numbers

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We will have them in a week. I was surprised that consensus is that high. I figured maybe 190K, but 200K is a large jump.

If they can beat expectations, the stock will go on a nice run.

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I'm also curious about what the Tesla haters will say if they do hit the mark

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They will be quiet for a few days then focus upon something else like how they sold less in Guam than BMW, hence they are going bankrupt.

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How long until the mainstream media starts to pick up on the renewable energy waste problem? This is something that is ignored but will become a major issue by the end of the decade.

For example, NPR (not exactly a right wing organization) published a piece some time ago how wind power is going to generate 720K ton of blade material that will go in landfills over the next 20 years. And that is without the newer structures being created.

Then there is the toxins from solar panels. While Musk and others are trying to solar panel the world, what happens when these end their useful life? Some believe the waste will be 4 times that is expected and since solar panels break easily, the toxins are released into the open. It is likely that when this comes into focus, regulation will be put in, meaning it will require hazardous material transport.

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That's very true, and recycling those panels is a bitch.

Recycling in general is a pain in the ass... there is money to be made there, but it's very complicated so not many want to invest in it.

I'm not sure what's the future of wind, because is something I don't follow very closely, but for solar, I see two paths:
1- Better panels, possibly with organic compounds (might take a while)
2- More investment in concentrated solar power, which will reduce the demand for panels (already in motion)

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I have a feeling nuclear will start to take off. Also I am optimistic about geo-thermal. I think the time has come for that.

Problem with recycling solar panels is there isnt much worthwhile in them. A bit of silver and that is all. Most of it is glass.

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I agree. Nuclear is looking good for take off and geo-thermal was abandoned for a while but it's been revisited recently

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Geo-thermal was just not cost effective 30 years ago. With the progress drilling made, I have a feeling it can be.

We will have to watch to see what is being done in that area.

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The goldbugs like Peter Schiff have to be happy about this.

Gold outshines Bitcoin in quarter 2.

Winning a couple times in 12 years is really nothing to hang one's hat on.

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LOL it's just like us Brazilians celebrating our single goal scored against Germany when they beat us 7x1 in the world cup

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World Cup. LOL

Do you know how important that is in the US?

By the way, if we played the Germans, we wouldnt have scored. Probably would have been shut out by Brazil too.

Pele would be our second best player, at his age today.

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hahaha yea, it's not really big over there

Probably like hockey in here.. I must be one of three Habs fans in the whole country! LOL

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Yeah I dont see hockey being too popular in Brazil.

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Doesn't change the fact that Bitcoin is still the best performing asset of the decade.

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And by a wide margin. It isnt even close when you think about it. Bitcoin is up like 10,000% or something crazy like that.

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Haha. That's right, bitcoin has grown like crazy as compared to gold in the last 10 years. Bitcoin has made more billionaires than gold.

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Crypto is going to create so many millionaires it isnt even going to be funny. I can foresee a time when there are thousands of millionaires minted each day through crypto. That is how big this thing is going to get.

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A broken clock is correct twice a day so yea I am not surprised if they win on a single quarter. I am more interested in the yearly or decade gains.

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With Schiff, it might only be once.

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Bitcoin's death rate keeps increasing.

2021 bitcoin deaths surpass that of 2020.

When will they ever learn?

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I don't think they ever will. Calls for BTC deaths will only increase as it becomes more and more mainstream.

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With each passing year, they only get more ridiculous.

Yes the hash rate is down but watch is come back up over the next few months.

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I thought this was about the news Bitcoin Hodlers dying recently. 😂

But this article seems funny. Bitcoin Obituaries - WTH! They will never understand that it cannot die now.

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LOL sorry for the mislead and clickbait. Actually it is their clickbait.

But yeah how anyone can believe that Bitcoin will die now is beyond me. Perhaps the Chinese action is giving them fodder. Either way, the hashrate will go back up and so will the price.

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More people will get into it as it solves a major problem. Giving the power back to people. The Chinese government cannot control it completely. It is out of their bounds now.

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It never was in their hands. People who are looking to the government for approval/validation/permission are looking in the wrong place. Bitcoin was created to operate outside the scope of governments.

We are well on the way to proving that.

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Britain is in some rough shape. They absolutely obliterated the economy there.

The YoY GDP rate was -6.1% for the first quarter.

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I thought only India had negative GDP. Is this due to Covid-19? There are reports of a new variant and subsequently, the third wave is expected to happen.

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In Britain, they are still making life very tough for businesses there. Their economy is dropping like a brick. A 6% drop year over year is huge. Considering that 2%-3% growth these days is viewed as good, it will take them a few years to make it up if they stop going backwards right now.

That doesnt appear to be the case.

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They are going backwards indeed. I think the global crash is coming too and it's going to get even worse.

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Yes I think we are not going to see economic expansion for too long. I think the economy is going to drift downward the second half of the year. It isnt going to make for a comfortable situation.

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I think almost every country was hit and it depends on what the governments did to see how long lasting the effects were. For example the US is probably contracting but it was improving because they put a bunch of programs out there.

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Big drop off in 2020, nice bounce off the lows.

However, still below where we were pre-covid and I dont think the rosy eyes of expansion are going to be rewarded.

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Well the expansion is going to die because the eviction moratorium and unemployment will be going away soon. At least it will mean a lot less discretionary spending by people.

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Well the lockdowns didn't hurt. From what I see in the data, their GDP shows no signs of improving and it keeps decreasing. At some point, I do think it will reverse but how long do you think that will take?

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For Great Britain? Years. They are really sabotaging their economy over there. Fortunately for them, they are not at the mercy of the EU. Unfortunately for them, Johnson turned out to be a fool.

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Here is one of the reasons oil is going higher.

Look at the drawdowns over the last 6 weeks. Big numbers.

https://www.investing.com/economic-calendar/eia-crude-oil-inventories-75

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So the biggest issue is that they aren't drawing enough oil? If I read the data correctly.

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That is inventory drawdowns. So the demand is exceeding supply and eating into inventories. That is extremely bullish for price which we have seen.

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Terawulf signs order for 30,000 Bitcoin miners.

While this will take about a year to install them all, it just shows how the hashrate is not going to be down for too long.

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It won't happen until 2022 so it looks like the media can start spreading the FUD before it goes back up.

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That is true. But they are new units. This has nothing to do with the miners being relocated out of China.

This is NEW hashrate that will come online.

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Given the price increase since the lock downs, I think the hashrate would go up as people want more BTC. At least with the deflationary aspect, it will pay off in the end.

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