Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.
Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.
It is a great way to stimulate engagement.
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This is your prime memester speaking
I think hive is just getting warmed up with it's recent gains, so hold hard peeps!
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Have been holding all my life :P
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no shame in taking some profits when the times comes :)
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Yup as long as we don't regret it later for selling too soon lol .
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Well said, when the time comes but we're not there yet 🙂💰
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Till now I have only invested into Hive , earned Hive and hodl hive . Never sold one so these are good times for me :)
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The prime memester approves of your glorious hodling :)
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Lol can our honorable PM provide me social security funds ?
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Only if you are a citizen of Memeland :P
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Lol sure , what do I have to do to get citizenship ?
I will accept citizenship only if this doesn't happen -
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@memehub has to say your memes are dank in order to obtain citizenship in memeland :P
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So the FOMC was here today and the market rallied afterwards. It looks like the FED think that inflation is going to be 2.4% (higher than before) and by 2023, rates should still be near zero. I think its a load of bs and I think they can't stop the speculation in the bond market.
https://www.cnbc.com/2021/03/17/heres-where-the-federal-reserve-sees-interest-rates-the-economy-and-inflation-going-in-the-future.html
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After a -3% GDP in 2020, that is pathetic and nothing to brag about.
Throw enough people off unemployment and you can get the number down to whatever you want.
This is probably accurate since the supply chains are fucked up and every oil hole was plugged the last year sending the price of oil screaming.
Of course, the Fed's track record for the past decade is to overestimate inflation. I think there is more hope than analysis in there.
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Yea I don't agree with the unemployment and the GDP numbers are always like that. Its built based on the previous year so the numbers are always super overblown. Remember those headlines when they multiplied the quarterly GDP percentage by 4 to scare people?
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Yeah most people do not take the time to figure out if something is on a quarterly or annualized basis. When they toss the number up for the later, things can look a lot worse (or better if it suits the needs).
Just more propaganda that the television watchers and headline grabbers latch onto.
They ought to have a test to watch television to make sure people are smart enough to dissect what is being promoted. But then it would not work as the propaganda tool.
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Also people don't understand how the numbers can be misinterpreted. Some of the economic indicators are 50 for no change and people don't even know that. If its above 50, expansion and below 50, contraction.
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Who seems less qualified to give financial advice:
Suzie Orman or Peter Schiff?
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Neither are qualified but I guess Suzie Orman if I had to pick between the two. You do need a good stockpile of money or at least something that you can change into money quick. No matter what, the world has not digitized and you still have to deal with fiat.
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At least with Schiff, we all know his angle and why he pursues it.
With Orman, I think she spews crap that is dangerous because it is mixed in like there is no agenda.
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Lol. I think all of them spew crap so its hard to choose. They all have their own agendas when promoting stuff to you.
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@taskmaster4450le many people like her just tend to talk too much and try to gain foolish attention by speaking nonsense,what matters is that many people understand that not all opinions should be listened to...
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Lol, MEEEEE!!!! :)
Jokes aside, unfortunately don't know the answer to your question.
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Any body else have a problem with their Metamask connecting to BSC during the last hour?
Makes me nervous as I can't check my CUB farm.
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No issues right now for me. I guess it was only a minor problem or it was already solved. Cubfinance site did take a little while to load and open up the connection though.
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It gets wonky at times.
Sometime hit connect, Metamask then refresh the page in your browser.
Might have to do that a couple of times.
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seems to be a Metamask problem.
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hooray. it all came back ;)
wonky indeed ;=)
at least now I can go to sleep.
have a nice talk!
It's always good to sleep with a clear conscience hahaha ...
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Yeah I had that before too. I have no idea what causes it. Just tends to lock up sometimes.
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It's normal here. Probably just a temporary thing!
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So far I have never had any problems with MetaMask. I hope things are normal for you.
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It is quirky at times. I had what he experienced on a couple of occasions. This is going to be an ongoing issue I think.
Just connection issues from what I can tell.
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Thankfully, because apparently I will have to prepare myself psychologically not to worry beforehand.
I am sailing in nervous waters and still learning this universe little by little.
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Yeah I had that too .
Lol I understand ,it seems to be working now?
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I check on my CUB once a day but I plan to check every week now. It's kind of disappointing when you see a small amount of CUB in the pool to harvest.
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True , I have decided to harvest only if it is above 1.5 CUB so that the fees makes sense . I used to keep on harvesting without focusing on fees and I guess I lost some there but I learnt my lesson early fortunately.
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I think in one of the liotes updates, they mentioned that harvesting less than 1 or 1.5 CUB can make the fees like 10% of what your putting in. Thus I think 1.5 CUB is a decent amount but my amount is so small that getting 1 CUB or 1.5 CUB will take quite a while.
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Yeah I'm in the same situation... Can't really complain because I got those for free and it will add up eventually, but it's sure a little underwhelming to see hehe
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Just buy some CUB.
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True :( I used to harvest like crazy lol every 5 minutes once but now I wait till it hits 1 or 2 atleast :)
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What other kind of projects would you like to see Leo expanded?
This is just fantasy but I would like to see something related to NFTs.
Tell me your wet fantasies about Leo.
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For NFTs, I think we have NFTShowRoom so I don't know if they will make anything new.
I prefer Project Blank and an instagram/TIkTok alternative like @taskmaster4450 said.
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Imagine if they release blank and we work out asses off to get users while they develop an instagram alternative. Once that is released, built in userbase who could utilize that one also.
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Actually there is something else I heard from Tim Pool's youtube channel that I thought would be nice. You can follow someone on one network in the blockchain and it links everything from their Facebook, Twitter and any other social apps. This means even if they were banned off Facebook, you still got access to everything else he's still on.
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That would be interesting to try and tie into. I know that it was requested to have blank to have all the person's twitter data and to read all their activity so they could respond to it.
Of course, if someone is banned on any of those platforms, the data is hidden unless it is backed up somewhere. So the data would need to be downloaded to be effective.
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Tiktok alternative will be so amazing over here but I don't think the blockchain can handle it though .
Since as we all know right now only the text part here is decentralized and not media .
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Yea true. Video and images are done seperately from the platform. What I think would be nice is a platform that links people together. If you follow them on that page, you get all their pages (youtube, twitter, etc). If there was a way for it to pull your following and build a network. Then if they get terminated, you can still find them on the other sites.
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Videos would have to be loaded to 3speak although if they bring out their decentralized video storage, maybe one could load from a TikTok alternative and then it shows up. We might see Leofinance be able to tap into that.
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That is what Dan was speaking about right? They even tested it with couple of technically strong users ?
I think we have to expand ourselves to cover media too , text alone is not enough given that whole internet loves media more than text .
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In addition to the ProjectBlank that has not yet come, I would like to see LEO create a Stablecoin for the platform in the future. That would be very interesting.
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I still don't quite understand this very well.... what are the benefits of having a stable coin?
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One of the most important things about having a Stablecoin is that if the market is falling, you can "protect" your equity that was in crypto and transferred it to a Stablecoin keeping its price in dollars since it is pegged to the US dollar.
With the market down and you realize that you have found a fund and you think that crypto has a chance to recover you practically buy it cheaper. It is the basics to buy low and sell high (if you want to sell).
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Instead of creating another Stablecoin , I think we must work on existing HBD is my opinion . I know we have tried it for a long time and it is still not stable lol but recent changes gives hope.
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Still, I believe that in the ecosystem we can have others too, and from what I've heard, it seems that HBD will finally be like a legitimate stablecoin. In the coming months we will be able to have more detailed information about this.
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What is some of the plans that Blocktrades and others are trying to do to get HBD as a stablecoin work?
Do you think that will suffice?
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I also think having a real stable coin would be hugely beneficial for the ecosystem, or maybe even more than one
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HBD took a huge pump last night and its still elevated. I am not sure how well it is working as a stable coin. Maybe we just need more time so there is more HIVE/HBD in the market that a single whale can't manipulate prices.
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I would like to see project blank roll out and then an instagram type application developed.
Really cover the social media spectrum.
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Yes, I believe that's the way to go. I'm not really a heavy user of Instagram but it's definitely a huge aspect of social media nowadays.
And dating apps :P
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Not my thing either. Don't even have an account.
However, it is extremely popular with the Millennials and Gen Z so I think it would target exactly who we want, the younger crowd.
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Definitely
I heard there's a marketplace on Instagram. Not sure how it works but a similar feature on "our" version could be yet another use case for Hive tokens.
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we could start some friendly wagers on the date when we think project blank might come out, just an idea :P
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We have some competition.
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What do you mean?
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I mean, someone has created an Instagram with the exact same model as Hive.
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Yes but it doesnt mean it will be successful especially if Leofinance is building a userbase.
If there are a couple hundred thousand people on Blank, that is an ideal starting point to target the instragram clone.
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Sure, it would be nice. Also, a project like https://500px.com/ would be interesting.
I see a high demand on Hive and Noise Cash for people to show their pictures/photos.
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But for that we have to keep all the media outside of blockchain . Recently geekgirl tried to ask community how it would be if she enabled storage of photos and videos and people just didn't like that . Lots of devs opposed the idea.
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Something related to gambling I guess . I love poker so it would make me very happy to see poker here :)
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That could be very interesting indeed! I'm not much of a gambler myself but I know that is a very large market and could bring a lot of attention.
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Agreed and I don't gamble much too . For sports - I just bet to make the match more interesting and I love poker so I play low stakes games now and then.
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Cool!
I like Poker, but I don't really know how to play lol
I mean, I know the rules and all, but I'm not very good at it. I would only bleed money if I played it for real :P
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Lol really?
Let's play then , only you and me ;) .
But it is a big industry , I wish it was on hive , it would bring a lot of people over here.
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A cool little collection of BioTech initiatives. I think we have discussed the topic briefly over the last few days
https://techcrunch.com/2021/03/17/from-improving-cancer-treatments-to-saving-the-bees-these-are-the-companies-in-indiebios-latest-class/
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Yea the BioTech industries really have some really amazing stuff in store. I remember the days when people said cancer were pretty much incurable and now we can change things. I think there are also some medical marijuana stuff coming down the pipes for cancer.
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It wasnt too long ago that heart attacks were killing people left and right. They seem to have gotten that one licked. If the widowmaker doesnt get you, you will survive.
My dad was dead on the living room floor and the paramedics zapped him. Dont even need to get to the hospital anymore.
A lot of interesting stuff being worked on.
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Yea I heard some things from a friend who researches MSOs alot. The potential behind medical marijuana is pretty crazy as its proven to reduce the size of cancer cells. The amount of different solutions available is pretty crazy. The only thing I heard is never invest in ACB stock. Its only a pithole that sucks in money and still loses money after many years.
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The magic mushroom crusade is pretty interesting too. Evidently there are a lot of studies coming out to the benefits of them also.
Might be that our healthcare system hijacked the cure through having government banning so the pill pushers could make a fortune.
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Very interesting list. A lot of differing initiatives on there. Really early stage stuff but good to see they have a chance at some initial funding at least.
This is how it works. How much of this eventually gets pursued with serious money is up in the air right now. However, there are a thousand more things that could be added to that list.
So much research going on.
That is another reason why people need not worry about inflation in the USD. A lot of money is going into research in the tech and bio-tech arenas.
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Another @Leomarkettalk daily post is up.
We crossed the 300 comment level, after a record day earlier in the week.
Let us focus upon sharing links to stories that are of interest today.
That might be a way to stimulate more activity.
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Good idea @leomarkettalk, so we will have several topics and nobody idle waiting for some reason to talk :)
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Yea I think @taskmaster4450le added a bunch of topics to start. If everyone adds a few, we got plenty of ways to create conversations.
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Yes, the more, the better for us :)
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Got it , I will make note of interesting topics I came across Hive and maybe post them here to discuss about it .
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It seems the more topics started, the bigger the numbers can be. It is a way to start some conversations and give people something to latch onto.
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Exactly. I just wish there are more general though lol , I don't know much about US markets so I can't talk about them .
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Good idea, we can also explore here at Hive.
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Daily we come across so many interesting articles , it won't be hard to post that here and talk about it .
This way we also get to know good authors.
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It is true, our radar expands even more, meeting new authors and new thoughts.
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Maybe not all politicians are totally braindead.
Well they are but at least a few have their moments.
https://www.zerohedge.com/political/theres-not-lot-enthusiasm-gop-moderate-dems-oppose-biden-tax-hikes
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I am not surprised. Most of these people happen to be Democrats running in a red state. If they did anything like that, its highly possible they would be crushed politically for anything in the future. It's tough to do much when you know it will hurt your politically. As long as it isn't too much over the line, they know they are fine.
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That could be true. Didnt think of the blues in a red state. With redistricting they always have to watch out. They can have their districts redrawn where they have no chance of getting re-elected.
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I think the entire redistricting needs to be done away with. It is abused way too much or at least there needs to be some changes to make it more fair.
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Yeah just a way for the party in power to crush the one that isnt.
We need to do away with the two party system really.
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Who all is in the @brofi project? I have delegated all my Neoxag and CCC and already got my first bits of BRO
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I got in. Sent over a number of tokens. No Leo or Hive though.
Did the other Hive Engine tokens that I had though.
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As I entered the BRO very late, I had only bought 61 and after a week of payment for the UTOPIS project I didn't think twice, I sold everything I had and bought UTOPIS and so far it has been very satisfying for me.
About BROFI I found it very interesting, I think I will start with NEOXAG since I don't use it much and with the little I have I believe it can help.
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The price of BRO has been increasing lately and with more and more projects like this + airdrops I am sure it will rise further so keep some BRO in your wallet would be my suggestion.
!WINE
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I'll definitely HODL some BRO!
What is this Wine thing? I see people using it sometimes but don't really know the details
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It is to reward the engagers . If I like your comment , I will gift you wine .
You can only call it if you have staked 25 WINE in your wallet .
25 WINE staked = 1 call per day.
I have 75 staked so I can call it twice a day .
225 = 3 times a day and so on I guess 5 levels.
So when I call it , I will get 0.1 WINE ( 1st call 0.1 WINE , 2nd call 0.2 WINE and so on ) and the author to whom I called it will get 0.1 WINE in their wallet.
Made sense?
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Similar to BEER.
There are a number of them out there. It is a nice way to get some more activity going.
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There was BROS but it seems to be disabled ... I bought some to distribute and the guys decided to stop lol
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Yes, as always! Thanks man!
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Lol no worries , as I have told before , just tag me and if I know about it I will explain it to you .
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I still don't know the ENGAGE numbers, because I have some and I don't know if I'm able to distribute them to the people.
I currently have 202.
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No you have hold a minimum of 1001 ENGAGE in order to give to others.
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It's for us to drink digitally lol
Well, play aside is another way of rewarding engagement. We also have BEER and ENGAGE tokens. Now with WINE it was tastier :)
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Congratulations, @amr008 You Successfully Shared 0.100 WINE With @coyotelation.
You Earned 0.100 WINE As Curation Reward.
You Utilized 1/2 Successful Calls.
Total Purchase : 24377.625 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-
WINE Current Market Price : 0.290 HIVE
Thanks!
Well, for me I am going to choose and prioritize, but without a doubt BRO is a great investment and those who are from the beginning know this very well.
With CubDeFi I will now be better able to direct my investments and BRO will be one of them without a doubt.
I even removed my NEOXAG delegation from @coiotes so I could delegate to BroFi. At least until then I will be earning some fraction of BRO.
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Well buying BRO directly makes less sense I guess right now since the price has been increasing recently.
Delegation will be main way to get BRO from now on.
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Certainly and passively on a daily basis it is a great alternative to see your BRO gradually increase as at the moment you understand that buying directly becomes more complicated ($$$).
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I heard a lot of good things about UTOPIS. Not sure if I'm too late for that party but it looks like worth checking out
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It isn't late yet and I heard chrono talking about hardcapping it so buy them when you can .
It is available at a cheap price too .
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Ahh good to know! Thanks for the heads up, I'll try to get some asap
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Sure. Do you have some already? It is like a must have token right now lol
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I wish that would come soon. The problem is that, without a hardcap, there is dilution taking place.
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I wish he atleast waits till all the 3.5 is sold out though. It will help him raise more money too that way .
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With CubFinance, he undoubtedly managed to boost his investments and that we benefit from our divs :)
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Definitely . This is the benefit of investing in these tokens. Just buy and the owner will do all the work for you and give you good profits.
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From what I understand I can tell you that it's not too late. It is worth it and before you start investing do a good research :)
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I delegated away some of my tokens and I got a small bit of BRO. Does anyone know the minimum amount of BRO to get payments? I think it's going to be slow at my current rate so I am tempted to delegate more.
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I have just 1.3 and don't get all the token dividends :(
I guess 2.5-3 is the minimum to get all the dividends .
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Yea I don't get all token dividends for DHEDGE and I have been seeing some of the payouts starting to dwindle so I want to build both positions. Too bad there isn't enough HIVE to go around every single investment.
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A lot of littel stuff from DHEDGE. I guess it all adds up but it is a pain. LOL
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Yea and ARCHON drips too. They add up but it ends up being fairly small and I am not getting all the tokens.
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The IRS delays the filing and paying of taxes one month. This is good news, the longer we can put it off the better.
State income taxes still have to be paid on time. Good thing I live in a state without one.
https://www.marketwatch.com/story/irs-well-delay-april-15-tax-filing-deadline-by-one-month-with-one-caveat-11616017036?mod=home-page
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Ah hell, it's taxes season. Hate that!
Last year they delayed the deadlines here too. I hope they do it again.
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I think they pushed it until June or July last year.
Even a month extension is nice although I am not sure it helps the accountants out at all since they have to do the return for the states anyway.
For me, it is good news. Put things off another month.
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I wanted to postpone it again, I have to pay FIES :(
But speaking of taxes, sometimes I stop and think how people here in Brazil manage to survive with so much tax. The worst thing is that this amount of money is nowhere to be seen practically being used.
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Yup, it's ridiculous
Speaking of which, my grandfather passed away recently and today I had a meeting with a lawyer to talk about the whole inventory process. The amount of bureaucracy and taxes is ridiculous.
As if it's not bad enough that people have to deal with the loss of a loved one, they also have to go through a lot of legal nonsense and pay a ton of money to get done with it.
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I'm sorry for your loss and may God comfort the hearts of family members.
I had no idea that this happens. I did not know about these taxes and once again I am disappointed by the country in which we live.
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Yea taxes kind of suck since the government wants information about everything. It's crazy how much they chase after taxes. I think the new delay is nice though.
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Think of all the money that is spent (along with time) just to prepare the taxes.
What a bunch of bullshit.
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Sometimes you just get lucky.
Our endeavor into space is going to have to include being able to grow food out there. Bacteria on the ISS could show researchers the path to achieving this.
https://www.cnn.com/2021/03/16/world/international-space-station-microbes-scn-trnd/index.html
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I think the biggest issue is that most of what we did is on Earth which means many things are possible under different environmental conditions. I expect way more changes but whether or not they will work will depend on the researchers. I think that growing things out there is kind of bad because transportation costs will be too high.
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Excellent! Now we won't have to use astronaut shit like in that Matt Damon movie LOL
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Shit is fertilizer.
That is why there are all those cow patties in the crop fields.
Manure works well.
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Manure is life and I know it well because I like to plant. As I moved to my new home at the end of the year, I was unable to bring many plants and I am currently only growing strawberries, mint, blackberries, jabuticaba and coriander.
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Hmmm I love jabuticaba
It reminds me of my great-grandparetns. They lived in a farm and they had several jabuticaba trees on their property. I used to spend vacations there as a kid, eating jabuticaba straight from the trees all day long heheheh
Good memories :)
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I believe they are really good memories :)
Jabuticaba is very good.
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I believe that our alien friends helped in this part of introducing us to some bacteria :)
Well, these bacteria will be fundamental because the cultivation in space will be important for the survival of our species.
These things remind me of the movie "The Martian". The guy was very smart and managed to survive in the face of various adversities.
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CTP just shifted to linear curation reward .
Are you happy with this decision ?
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Yes I like the linear curation curve and it makes it easier to get consistent rewards. No need to worry about getting there early to get more rewards.
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Exactly , should see how the APR goes after this . Right now we are getting good returns , this might boost it . Last 2 weeks I gave out 30% APR for CTP , this week maybe more .
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From what I hear, many people seem to prefer a linear curation curve. I don't really know much about it but it seems a better option indeed.
But I was wondering if there is any upside to a non-linear curve... just out of curiosity
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Well if you check Hive - it is non-linear that means whoever votes first on the post gets larger curation rewards than who votes latter but in linear rewards no matter when you vote , you get fixed curation rewards .
In Leo , stem it is 50% curation rewards but in CTP it is 40% .
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Yeah, I read about that somewhere. I prefer the fixed systems, but I know some people prefer the non-linear format. Just wondering why they prefer that hehe
Personally, fixed rewards is a lot better to me because I do manual curation and sometimes I find really good posts that are a bit "old"
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Because they are not satisfied with 50% curation reward , with non-linear format if you vote early and if big votes come by later on then you earn more than 50% that's why .
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The linear rewards are a lot easier to explain to newer people. The present curation system is very difficult to understand.
The 5 minute window is expanding though.
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I didn't get you. What do you mean by it? They are increasing it?
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Ahh that makes sense now. Thanks!
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To be honest , I have been here for considerable amount of time and I don't understand the non-linear rewards concept fully lol.
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Yes, absolutely, I voted for yes. It's the right thing to do and I hope more tribes and Hive will follow!
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Me too . I can't wait for hive to move to linear curation . It will change the whole ecosystem and engagement part.
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Do you have any info about the matter? Do they plan to move to linear? I don't see a rush here.
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As far as I have seen there has been no move in this direction yet but there has been discussions . I don't think this is on the top priority :( Which makes me sad .
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That's what I was afraid of. There's a reason for that. I don't know if tribes are strong enough to have an influence on Hive devs in this regard, although there a re more and more adopting linear curation curve already.
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You are so right . If tribes really had influence we would already see so many changes here on Hive . It's very unfortunate.
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Good move on their part. It will really help.
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I think so too , fixed returns are always better than predictable , speculative returns . I wish Hive shifted to linear too to be honest , it will help a lot of new users + even curators.
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I am not sure Hive will ever make that move. However, we are now seeing it happen at the tribe level so there is that to the payouts. Plus some of the creators are making a lot more off the tribes.
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I think the smaller guys make more off tribe tokens compared to posts payouts. Those small bits of tokens every now and then make it worth it commenting as well.
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I still don't know who decides that though . I mean if it comes to tribes the tribe owners decides them , when it comes to Hive is it only the witnesses who gets to say?
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Announcement!!!!!CUB token now listed on coinmarketcap......info here
https://leofinance.io/@leofinance/cub-listed-on-coinmarketcap-usd600k-in-daily-volume-leobridge-update-and-code-audits
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That's great news. Hopefully this spreads out and gets more people to join the CUB pools. However I am a little skeptical since CUB Finance didn't exactly lived up to people's expectation. I think I read from edicted's post that they reimburses people for wLEO but I don't know about whats happening around this time around.
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Does anyone know how to cancel unstaking on https://leodex.io? I need help please!
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I am not sure you can do that on Hive-Engine.
Is it LEO you are trying to stop.
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No, it wasn't LEO. Turns out you can only stop delegation on Hive Engine, but I finally did it.
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Typical bullshit. This is wrapped up as if it is something good for employees. They dont want to save so force them to autoenrol in their 401K programs.
This just makes more money for the corrupt financial services industry. They get paid whether they make anyone money or not.
Maybe I will do a video about this. Would anyone like that?
https://www.marketwatch.com/story/want-to-get-more-people-to-save-for-retirement-make-it-the-law-11615990210?&mod=home-page
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Here in Spain the gov wanted to do something similar, a public system for retirement (similar to 401k). The idea is to cut off some money from workers each month and save it on the public system.
Do you know where wanted the money to be invested? In buying Spanish debt, lol.
Stay away from socialism.
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In the US, the 401K program is private, not part of the government. Our Social Security system is the "fund" we use to publicly put away for retirement. Sadly, that is just bullshit since all the money goes in the general operating fund and is spent on whatever.
The 401K allows for private investment from a select menu of options. Ultimately, the fees end up eating most people's returns.
When I was working, I only put in enough to get the matching from my company. The rest went into my own accounts.
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We also have a public retirement pension, but this is a tax not an investment.
Now imagine the goverment creates a public 401k, they name it 666k. Then they decide for you where the money will be invested and they start buying debt.
You are right about fees, that’s why I only invest in low fees ETF (less than 0.30%).
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Of late I only invest in stocks.
There might be some tech ETF is jump on but since they are public with what they buy, I simply research the stocks and buy what I want, in the percentages I want.
No need for me to pay their fees.
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That's true and I was thinking of doing the same but I just wanted to add money and forget about everything else.
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Well just watch the funds. Depending upon the regulation of the countries you are dealing with, there are separate regs.
For US companies, they have to reveal what they buy and sell each quarter. Thus, if you buy one of the stock in their fund, just watch what the fund is doing and then follow that if you want.
Of course, be careful, funds often sell to realign their portfolios more so than a negative outlook on the stock.
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I hope I start investing in stocks later this year. It is something that I already intended to do but I have no "experience" here in Brazil, but as I already know cryptocurrencies and they are much more volatile and wild, I believe that I will learn quickly on the stock exchange.
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You did the right thing to do, but many do not follow this dilemma. Many prefer third parties to control their hard-earned money.
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It's because of 1. Fear and 2. Lack of time and 3. Lack of knowledge , people are lazy to handle their own money .
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Without a doubt. They simply take the shortcut spending their time on whatever bs then focus upon.
When I see the hours people spend on Facebook and yet they still have no clue about investing and markets, it is baffling.
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It is definitely scary. I recently asked a question to a group that is from university time and wanted to know who of them spend time on Twitter ... nobody said they use this platform but ...
One said he was "addicted to Instagram" and didn't want to have another addiction.
Well, imagine if he was here dedicating his "addiction" and still being able to be rewarded for it? But unfortunately people are too blind and prefer to stay in the Matrix.
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True. I always disliked FB and Twitter to be honest , I used to follow some political parties pages and there was ton of crap over there and always people fighting for nothing. It made me delete my account on FB.
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That sums up the vast majority of humanity well lol
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And that is why I believe vast majority of humanity doesn't see success in their lives , right ?
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Many will not take the time to learn to control their own money. Thus they get lazy and leave it to people who are only interested in churning their fees and commissions.
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And then they complain that their money is useless ... complicated to understand it ...
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They have something similar here. The ROI is terrible (for the workers, that is).
I would definitely watch a video on this subject.
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Lol. I think it would be a good video and it's their way of forcing money into the stock market. They need to force people's hand so they can prop it up. No offense but the stock market doesn't match the economy and I think it needs to be brought back down to reality. But I don't mind as much since I am making money since its irrational.
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The market isnt the economy, it is the flow of capital. If we see more money keep flowing in, such as if it gets flushed out of bonds, we could see a continued run.
People expect the market to show some sanity and it rarely does. It is really an epicenter of manic behavior.
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Yea I think so as well. I like the market going up because it's easy to make money because all you gotta do is buy the dip. Of course you have to pick the decent stocks and not crappy stocks.
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Buy the dip always works well long term in very solid projects. You might lose some more money in the short term, falling daggers, but it usually pays off in the end.
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Yea and if your in the traditional stock market, sell some covered calls. Easier to not lose money so long as you invest in solid companies. You may lose your shares but the premium helps when the chart stays stagnant.
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Here we have something called as Provident Fund ( Employee provident fund - it is everywhere right ? ) which acts as a way for saving for people's future .
How much ever you put into the fund , the govt matches the same.
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That is good. If you can get a match that is always a great way to go....as long as they dont lose all the money.
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They take it and put it into long-term investments , so far so good but there is a limit for it too . I mean I just can't deposit 100k $ because I earn it , it is only like 6% of the earnings or so , that's the limit.
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Is the DOW set to march towards 40K?
https://www.marketwatch.com/story/dow-scores-fastest-1-000-point-move-in-history-as-it-tops-33-000-milestone-heres-what-drove-it-there-11616019774?mod=MW_article_top_stories
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The current market indicators show that its possible but I think it won't be able to unless the NASDAQ gets better. This means they need AAPL and TSLA needs to start looking more bullish. Otherwise I can only see it being dragged down and even if it does go up, I see a good pull back.
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I am not sure the DOW needs the NASDAQ.
The DOW tends to be international money and there is a lot right now flowing in from Europe. The worse things get over there, the better the chance of even more money piling in.
If money flows out of US bonds, that will also make things interesting. I am not sure the bondholders are real comfortable right now.
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I think DOW is probably the least affected by NASDAQ but it still affects it. I think APPL can definitely impact the DOW because when the QQQ tanks, APPL will follow. It will probably be a limited downside though.
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Sam Altman is putting a number to AI creation. He is someone that has his finger on the pace of what is taking place since he runs OpenAI. I read the original article but CNBC has a good summary of it.
https://www.cnbc.com/2021/03/17/openais-altman-ai-will-make-wealth-to-pay-all-adults-13500-a-year.html
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I guess this is the first step towards the government trying to implement UBI. However I doubt the rich will want to share their portion of the pie.
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Yeah although it is the Wall Street crowd, most of whom are not the ultra, mega wealthy, who will object.
Ironic the multi billionaires have no problem with these concepts. Of course, that might be due to all the loopholes they enjoy that the tax burden isnt on them anyway. It is the upper middle class and the middle class who get stuck with it.
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Yea they got enough money that they don't need to care. Just by charging fees or earning a few percent is more than what normal people would earn in a year. Then those tax lawyers find every exception and get them the maximum benefits.
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Probably more than most people make in a lifetime.
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This might be of interest to all you space cadets out there. If you are starting to think about inhabiting your own planet, here is something you might want to consider.
https://www.sciencedaily.com/releases/2021/03/210316100719.htm
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You don't believe how many times I have tried to explain this to couple of my cousins and friends but none of them seem to believe or even have a open mind about the possibility of another habitable planets.
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As far as I know it's important to start young to train for space stuff and unfortunately I'm getting a bit old for that :P
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hahaha I know right
Also, on every astronaut movie I see, there's that "rotating arm thing" that they have to do as part of basic training. You know, that thing where they are strapped to a chair that goes very fast on a circular trajectory.
I get sick just watching them do it, I can't even imagine doing it myself lol
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Image recognition is one of the fastest developing areas of AI research. Incredible gains are being made.
It looks like this might be another.
https://www.eurekalert.org/pub_releases/2021-03/uog-nat030421.php
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It is already becoming one of the hot field especially in Data analytics and Data science . I have worked with Image recognition before to build a very simple software but it was way too complex to code .
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Well the data from an image is huge. There are people who just upload most of their pictures and they tend to be easy to scrape off the internet. Thus it's fairly easy to get the data and train. Whereas text and everything else requires more work to figure things out as you require a different approach.
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Morgan Stanley first major US bank to give wealthy clients access to Bitcoin funds.
https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html
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It's good but I am surprised they are willing to do this when Black Rock is so against it (Yellen is pretty much following Black Rock's lead). Looks like we can expect a fight between the various banks on the way forward.
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I think some banks realize they will be on the outs if they do not get involved.
Crypto is not geared towards the banks but big tech. If the banks sit back, I think they will be overrun by the likes of Facebook.
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I think I saw an article from Bank of America saying they were not going to accept crypto but I can't seem to find the article. But it will definitely be a battle between the big guys as we can only watch on the side lines.
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BAC is different from Morgan, Goldman, and JPM since they are not really an investment bank.
I believe those who are on the sidelines will really be making a strategic error that could be part of the history books ala Blockbuster and Kodak.
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A company that IPOed recently is capitalizing on ordering food online. I think people are really embracing not going back to restaurants. So I think it will continue to digitize the food industry.
https://www.bloomberg.com/news/articles/2021-03-17/food-ordering-software-maker-olo-jumps-after-450-million-ipo
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Definetly
One of the companies that had the best results here in Brazil has the same business model.
I'm one that's surrended to it hehehe
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Yea. I think people are sacred because of the virus but now they are getting use to the business model. It makes it easier as you get a little bit more time because they cook and deliver it to you.
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Actually I miss eating out from time to time even though I didn't use to do it that often before the pandemic
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This could be a very useful tool. It might be something to take a look at. I havent played with it yet, still loading my data.
No keys,keychain or hivesigner required. Just reads the data from the blockchain.
https://peakd.com/hive-167922/@miniature-tiger/heystack-launch
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Cool! I'll try and check it out later
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Awesome, I'm going to check it put later. Any decent tool is welcomed.
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I think there will be more features added as time goes buy. It looks rather skinny right now.
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Every beginning is difficult, so we wait for more features.
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Some more hype for NFTs
https://decrypt.co/61647/ben-mauro-nft-drop-evolution-interview?&utm_medium=referral&utm_campaign=feed&utm_source=coinmarketcap
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It is getting a lot of attention, that is for sure.
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I wish all of us success in all we do today. We all going to smile throughout today and we will not fall into loss today. It's a matter of time guys. We'll get there soon.
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HIVE in the green.
@nathanmars at it again.
He is the king of pushing Hive.
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@taskmaster4450le I just announced the SEO bot -
https://leofinance.io/@amr008/seo-bot
( not trying to self promote but since we discussed this before, sharing it with you )
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Yes I saw it.
How do you use it?
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Just use !SEOcheck in your post , it will check the stuff .
I will update the code tonight so that you can call it from comment section itself . Okay ? Tomorrow I will release that part of the code so that you need not use !SEOcheck in your posts which looks ugly lol.
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Yea I think that would be a nice addition. How about asking the community SEO expert for some feedback? There may be other things you can add.
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New insight into LeoBridge.
https://docs.cubdefi.com/upcoming-features/leobridge
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It's nice to change through but I doubt it will solve the current gas fee problems from the wLEO on the ETH side. It ends up becoming fairly complicated and I want to see it in action to find the true pros/cons before saying anything.
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