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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BITCOIN
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Does LEO has a Defi pool against Bitcoin?
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As jfang said above, we only have the wLEO/ETH and bLEO/BNB pools on Ethereum and BSC.
If you're looking for extra rewards, search for LEO on our own Hive Diesel Pools and you'll see the CENT:LEO LP currently offers rewards.
Just be really careful because the pool has extremely low liquidity and the CENT token is still a big price risk.
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To my knowledge, I don't think so. As for as I know, there is only a wLEO/ETH and bLEO/BNB liquidity pool.
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A Bitcoin Move To $100K Doesn't Seem So Farfetched - Javier E. David, Yahoo Finance Editor
https://leofinance.io/@successforall/a-bitcoin-move-to-usd100k-doesn-t-seem-so-farfetched-javier-e-david-yahoo-finance-editor
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CRYPTOCURRENCY
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Happy Crypto Halloween Everybody! Get into Spirit Swap and Morpheus Token on Fantom in my recent blog!
https://leofinance.io/@elwaldo420/crypto-halloween-spirit-and-matrix-characters-on-defi-with-the-fantom-ecosystem
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Happy crypto to you 🤡🤡🤡
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Happy Halloween but I think I'll pass on Morpheus and the spirit swap stuff.
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Finally, I've found Wally!
I've been starting to diversify some of my DeFi assets out of BSC and I'm looking for solid, decentralised alternatives.
Would you recommend Fantom based dApps?
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This was written in February 2021:
It should have been some other crypto: Bitcoin,
Ethereum, Litecoin, THORChain, Terra, Polygon, etc. It could still be Hive, but it's too early to tell. So it fell to Dogecoin.
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Apart from the hype around dogecoin, I see no future with this coin. It lacks use cases and other things that can make it thrive in the market
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This coin with "no future" has been around 8 years. Bitcoin has been around 12 years. Coins with "no future" don't last that long.
Decentralized, trustless, and permissionless digital currency is the most important use case there is.
It was meant to address problems and weaknesses of fiat currencies.
That was the promise of Bitcoin, and Dogecoin is a direct decendant of Bitcoin. BTC was meant to be used as a medium of exchange between people and businesses who wanted to bypass fiat currencies. BTC was meant to be used just as easily as any physical local currency.
It didn't work out that way with Bitcoin, and we know what happened since then.
Also remember that use cases didn't become a thing until Ethereum-- a programming and development platform-- arrived years after Dogecoin. Before Ethereum, cryptos were created simply as digital currencies to be used as media of excahnge
It's OK for a cryptocurrency to by "just money" as long as it performs that function well. After all, more people in the world use DOGE than HIVE in day-to-day life. That's not a fun sentence to write, but we need to be reminded every now and then.
It also helps if a crypto is widely accepted compared to its competitors. In Southeast Asia and Australia, that crypto seems to be Terra. In North America, that crypto for certain is Dogecoin. In 5 years it could be something else.
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When we talk about decentralisation, we need to consider the token distribution as well as the network.
Dogecoin is extremely top heavy with only a handful of wallets holding a majority of the supply.
It fails this test for me.
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Token distribution is how well the token is spread between the whales and the minnows, is that correct? Whales will exist for every crypto, but is token distribution used to show how well-developed a middle-class of token holder is?
I'm asking because my understanding of rich list data is basic and superficial at best (e.g., #1 has the most, last place has the least, a small rich list shows lack of popularity).
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Yeah, all this.
Node distribution is key for removing network attack risk - Dogecoin doesn't have a widely decentralised network.
Token distribution is key for removing a price dump risk - The majority of DOGE is held in the wallets of a few elite.
Risky.
But the masses don't care about this, they care about number go up as quickly as possible so they can dump on the latest sucker.
Long term, only truly distributed networks, with distributed token supply will survive.
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I don't really see much development happening on DOGE and it's just a chain where people can transfer around money. So I don't think it will be a real currency anytime soon.
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You say that Dogecoin won't be a real currency anytime soon; it's a real currency now-- people use the damn thing outside social media platforms. It's as real a currency as Bitcoin, it's more accessible to people than Bitcoin, and more people are familiar with it than most other altcoins.
The purpose of money-- fiat money, sound money, digital money, proxy money, imaginary money-- is to be used as a medium of exchange. We don't need to like the specific form it takes, but if people use it, then it's money. Some money is better for large purchases, some money is better for small purchases, some money is better for debt service, some money is better for investing. As long as people accept it, it will be used.
As wonderful as HIVE is, with all its use cases and increasing ecosystem of dApps and its solid fundamentals, HIVE will stay in the background until it's accepted by people outside the network and treated like a contender. Splinterlands is carrying Hive on its back and doing amazing things for fine; however, even Splinterlands can only take Hive so far if people aren't willing to use HIVE. If people don't want to recognize HIVE and transact with each other using HIVE/Layer 2, what more can we do?
HIVE will have its day in the sun and be widely accepted once it is discovered, and then people will understand how superior it is to DOGE. At the moment, DOGE is better than HIVE in the only way which matters above all others: widespread use by the people.
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Well I guess you could consider DOGE as a currency but I still don't think it will do well in the long run. I guess having smaller fees might help them but I wonder if people will still choose it once no fee chains start appearing more often.
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Oops....
Maybe Shiba Inu can make good on its prmomise to be the Dogecoin Killer.
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I am wondering just how long the prices can last. To my knowledge, I think it was just getting listed on an an exchange (robinhood or something like that). Most of the tokens dropped back down after the hype.
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There will very likely be a price drop after that new crypto smell wears off. The question is will it drop back to where it was before the listing, or will it settle at a range higher than its previous support levels.
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Already is has gotten much more attention compared to dogecoin but we have at hope that it is not a bubble that might likely blow very soon leaving many people in regret.
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Shiba Inu is doing better in Year 1 than at last 2 cryptos at the same stage: Dogecoin and Bitcoin. It may not achieve the popularity of Dogecoin or the value of Bitcoin, but it's safe to say that Shiba Inu is leading the pack among the memecoins and dog-themed coins.
For anyone looking for a coin with good mooning potential, Shiba Inu may be better than SafeMoon or PulseChain.
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HIVE
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I saw this post about HIVE has the answers that can solve some of the problems we see in tech.
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LEOFINANCE
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Cyrpto Guides
New crypto guide template is up (finally!)
Ripple is always in the news and we need a guide.
Content around the lawsuit is going to be the key driver!
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I got 'Should I buy Ripple (XRP) in 2021?' for starters. Once I get that done maybe I'll tackle some of the lawsuit bs.
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Cheers Kevin.
Also, have you been looking at your Simple Analytics stats?
Plenty of ongoing Google traffic from your content now.
Keep up the great work!
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Cool. seems I will take care of the section " will Ripple win their lawsuit against SEC?".
Perhaps will see if I can add more later.
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Thanks Joseph.
This is a really important section in terms of SEO value, so make sure you ensure you focus on the keyword, use subheadings and self edit your content before you hit publish.
I'd like us all to do a few versions of this one.
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Ok. Any special keywords you will be interested in ?
Damn, I screwed up and posted something on the guide separately.
Anyway, I'll cover 'How does Ripple (XRP) work. I just love explaining current technology with parallels to ancient times!
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There are no screw ups here.
Just building our web of interliked content :)
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I'll take the section titled "Ripple (XRP) vs Stellar (XLM)". Both have been around for (crypto) ages, and neither gets the attention they deserve (and the attention Ripple gets is usually negative due to its troubles with the SEC).
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Cheers boss.
Stellar is the best comparison to do for Ripple, right? Their use cases are quite aligned?
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You know as much about XRp and XLM as I know. I know that Ripple was meant to be used as an interbank cryptocurrency (which may be how the SEC got involved with it in the first place). At the moment, all I know is that Stellar Lumens comes from the same crypto generation as Ripple, and XLM has a cool-looking logo.
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Do you make documentation on crypto games?
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I'm trying to focus on just the in-game cryptocurrencies to begin with.
The 2 in-game cryptos that we've done are:
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Splinterlands has 18 gaming tokens, 1 blogging token, and at least 3 off-game player support tokens (more have been added since I posted about it last week).
dCity has 2 gaming tokens I know about: SIM and ENTRY. Tribaldex and Hive Engine don't have much info about ENTRY.
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I just noticed that a few days ago and all the tokens are doing well in daily volume in hive-engine market.
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Thanks. I'm in search of tutorials kind of.
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The Android version of the Leofinance mobile app went live.
How are you enjoying it for those who downloaded it?
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Loving it. It will help me start my journey on Leo Finance after years of blogging on Hive alone.
🦁
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Same here
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Terrific. Glad you are now part of the community.
The feedback from the app, for being in MVP form, is rather positive.
It might take a while for updates since I think it has to be approved by Google while in the beta phase.
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Looking forward to seeing what you come up with :)
See you around!
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I downloaded it but my b/w is kinda flaky today so I'm having trouble with it. I'll test it out more tomorrow.
Awesome. In the same manner, I advise that people should be careful when downloading the app to avoid downloading clone ones from scammers. Also, they should import only the posting keys when logging should they be victim of such. There is a lot of scams going round the world today.
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Hi Task 😬
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Another mobile user.
It is good that so many jumped on it.
I wonder how many downloads were completed.
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I will likely download it after now 🥰
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It's going just fine and smooth here
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I didn't bother since my internet was bad for half of the day. I did see a review about it and it looks like there is a search feature now.
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Simply splendid only that I can't submit a post. Where do we submit queries?
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I dont know since I havent really looked at it. There are some features missing such as reblog.
So it might be a situation where the feature is not part of it, only commenting and upvoting.
But I only scanned the app.
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I'll be scaling my engagement game in the Leofinance community as Android mobile comes live
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CUBFINANCE
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STOCK MARKETS
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PERSONAL FINANCE
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Is crypto your side hustle or main hustle? I would say right now crypto is a side hustle for me but hopefully we will all be financially independent and then we can say it's our main hustle.
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TRADING
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TECHNOLOGY
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NFTs
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DeFi
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Now that hive-engine had gone fully decentalized, is Leofinance planning to create a Diesel pool?
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There are 3 diesel pools for the LEO token but only the CENT one has LP rewards.
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Thanks. I found a that out too.
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BLOCKCHAIN GAMING/PLAY2EARN
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MISCELLANEOUS
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REMIDER!!!
Get yourself some of them delicious #CANDIES.
They all add up over time.
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Thanks for the daily reminder. I need it so I don't forget to claim them.
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@forexbrokr
Dane:
Sleep eluded me last night so I put the time to good use.
'Should I buy Ripple (XRP) in 2021?' is finished, published and linked to the guide.
I'll take on 'How does Ripple (XRP) work' next as I should be able to crank that one out quickly (don't worry, without sacrificing quality). Then I really need to finish a deep dive I started several days ago into Mirror Protocol (to be linked to LeoAlpha and the Terra Guide).
Have a good day my friend!
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Sounds good to me :)
The LeoAlpha project looks cool. Happy to see more people pushing for quality within our community!
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Hello, Happy Sunday from this part of the world.
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