Daily Crypto Markets Live Blog: Bitcoin Inching Towards $40K (02/01/21)

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.

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Looks like the market is starting to recover which is wonderful. The initial FUD of interest rate talks is starting to drop off. Wonder what this year will provide for crypto.

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Overall in the next 2 months I see us sliding lower. I see no reason or news as to why there would be any major positive push up. However come summer or end of summer I feel that will change as crypto starts to gain some serious traction again from a bunch of projects that have been in development.

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It does seem like the markets are settled down and the downward pressure lightened up.

We will see if it continues. As we know, tomorrow everything can change in crypto.

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Should be an amazing year for crypto if the market continues to grow like this. Hive to 5$

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Maybe we'll see 40k BTC anytime soon, hopefully before the weekends.

Hive heading towards $1 now 🚀

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I have no idea...but I think trying to predict short term prices is going to be tough. I think we drop down further before going back up later in the year.

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Yea, things seem to be settling down. Good thing I bought some on the dip

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#jinx...

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Sooo I just had a look at Telos apps and found Hive listed as part of their ecosystem. What am I missing here? How are Hive and Telos connected?
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Source

I am also a bit interested but I think I may of seen a random post about it in the past. Nothing really comes up to mind so let me know if you find out anything.

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Already done some digging and found nothing... I'll keep searching I guess.

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Will $HIVE get over $1.00 this week?

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will $LEO get back over $.20

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I want Leo to do more than 0.2$

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I think so but I'm not in a hurry because I still want to buy some more while its cheap

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Hopefully, I think if btc should cross 41k we should see crazy move

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That's very much possible.

The market is going all green, a good way to start the new month for sure

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I'm 100% sure it will go up, down or sideways 😂

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$1 maybe $1.50 - $2 I don't see happening for the next few months. Right now I'm more in stack/ investment mode with stables. Also playing around with conversions a bit from crypto back into stable and I have to say that's been playing out rather well so far.

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BTC looking good. Hive will follow for sure.

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I actually would not mind if HIVE drops down further. I have some HBD from when HIVE's price was high so I wouldn't mind taking the chance to get some cheaper HIVE. However I think it's unlikely for it to reach above $1 this week.

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I would try my best to be a Hive dolphin by buying a lot of Hive and powering them up when the price of HIVE goes down to $0.10. That way, I can claim an Account Creation Token every 5 days (more or less) to be able to create Hive accounts without burning 3 HIVE per account.

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Are you creating a lot of accounts? I think some people have been talking about Leo or Ecency to create new accounts.

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I want to reserve Account Creation Tokens in case I want to onboard (more of) my friends to Hive.

Every time people join #Hive using #LeoFinance or #Ecency, the admin accounts of those Hive frontends spend an Account Creation Token. Besides that, some people don't want to provide their phone number (or even email address) just to be able to signup for free.

Have a !PIZZA.

Lambo is jumping in the NFT craze. They say their NFTs will hold up their value because they include physical parts that have actually been to space. I don't know if that adds up but it's still funny to see all these companies pulling crazy stunts to try and get their piece of the cake.

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Oversaturation is very close and I am looking forward to it.

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Everyone wants from the cake for sure.

If you can't beat them you join them

Stunts like this isn't ending anytime soon

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Yea I agree. It was kind of sad to see all these scams going around and I saw a video on Youtube about a influencer who scammed their followers out of a few hundred thousand dollars. It just looks like earning that amount for a few weeks worth of work is worthwhile to some poeple.

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REMINDER!!!!

Get all those #CANDIES. They are going fast.

They could be worth trillions in the future.

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50 today

Halfway to the top of the mountain

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Got my 40 drop today. Hope to keep up to 100

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I got 30 candies today and I hope I don't get reset before reaching the end.

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China's manufacturing numbers came in. Not very good.

It is a concern when the world's leading exporter is now making as many products.

Demand issue?

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I think it was to be expected because CAT already lowered down their expectations in their earnings report and one of the causes was that China is no longer purchasing as many building materials.

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That makes sense since they are zapping their real estate development.

How many ghost cities do you really need?

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Well you can't have enough if you want to poise to the entire world...

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could be a combo of supply chain back ups (products still stuck in cargo containers and warehouses) + people not being able to afford discretionary items and them making due with what they have and even making cutbacks on basic items. W2's are all sent out and tax season is right around the corner!

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Oh that's bad news to the economy in brazil... we're very dependant on them chinese

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It is bad news for the entire world. China is the worlds production plant.

If they are having setbacks, what does this say about the rest of the world.

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or maybe people are realizing they don't need all that trash stuff that comes out of China lol Legit the stuff exported is 90% of it is trinkets and not really necessities. I have a feeling people got a big reality check over the last two years and started to smarten up with their paychecks. Who knows though. At least that's the general feeling I'm getting.

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At least that's the general feeling I'm getting.

The feeling is mutual and I think you're right.

People have learned the hard way through the pandemic lockdown.

There's no essence in getting what you don't need anymore, immediate needs are the only priority these days.

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Legit the stuff exported is 90% of it is trinkets and not really necessities.

Actually China manufacturers a lot of what the US needs. That why the unwinding of the relationship is so difficult.

You would realize how most of what is needed is actually from China. A lot of drugs, for example, are made there. If you look at most of your office equipment, about a $100 billion a year industry in the US, it mostly comes from there.

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but is there really a need for offices anymore. Dugs on the other hand that's a strange one but yeah I'm not sure exactly what comes out of there. I just know a lot of crap stuff comes from there as well lol mugs, merch, clothing stuff like that

I shared four top-line links on LMT yesterday that apparantly nobody saw. Looks like the problems with LeoFinance.io are ongoing. That's OK, I can put that time to writing posts. Later.

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I left a comment here just to inform you that I have seen your comment here.

Have some !LOLZ.

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Does refusing to go to the gym
count as resistance training?

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@evernotice.leo, I sent you an $LOLZ on behalf of @savvyplayer
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (6/6)

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