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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I think coinmarketcap is on to something :P
Some steem bashing from time to time helps until we see sunny boy pay for his actions
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I wasn't around for it but I heard the stories. They definitely weren't very nice stories as it involved plenty of people losing money and some underhanded tricks.
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The stories arent fabricated much either. What is circulating out there is what truly took place.
The guy is a class A slimball.
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Yea and I still see all the bad blood from those fights every now and then. I personally don't think STEEM has much of a future since its kind of only relying on STEEM and SBD. Whereas in HIVE, we got developments and a bunch of 2nd layer tokens taking off.
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lol
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Sometimes, you need to earn the "ZEro Utility Coin" to invest where there's utility.
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Damn this one is amazing , seriously . You should reuse it in one of your posts too . I literally laughed out loud .
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I'm getting better at my job :P
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A cryptocurrency on a centrally run system...what is the point?
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the point is to poke fun at it :P
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I'm a little late today so I'm playing catch up!
Yesterday there was a discussion about creating a stable coin to LeoFinance. What are the benefits of that? I still don grasp the whole concept of a stable coin.
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The idea of a stable coin linked to the US dollar such as HBD is this. If I think the price of HIVE will drop, I can change it to USD and buy back in at a later time. If HIVE goes up, I can do the opposite.
It's the same way with the crypto markets and the stock markets where you park your cash because your haven't made a decision yet. Which means HBD should be pegged to $1 but it hasn't been able to reach $1 lately at all and it has huge swings
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Interesting point raised here. I think that is why we need a governance token for LEOFinance and it would be fair to let the governance token play the stable coin role.
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A stable coin is needed for commerce.
If you have a website selling something, do you want it to fluctuate every time the price of Hive (or something else) goes up or down.
Plus, if you get paid in a currency, and it crashed overnight, all your sales the day before are now at a loss.
While it is true if the price moons, you just made more money, retailers and business people dont want that for transactions.
Hence something tied to a dollar means they can put up the price, 5 HBD in theory, and it be worth $5. That is why HBD is not a good stablecoin since it is not pegged and actually floats.
That is why they are working on trying to get it to peg.
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Ahh ok so HBD is supposed to be a stable coin...
I asked about HBD the other day... I actually asked the same thing twice then, without knowing hehehe
It's much clearer now, thanks
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But HBD isn't fulfilling it's purpose . It has been there since forever and I don't think it was at 1$ for more than 2 days lol . People sometimes feel happy if HBD reaches 1.5$ or more but they don't know it's bad for the whole concept of stable coin.
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Yea and HBD has been at $1.5 for over a day already. It might be of been fine around $1.10-$1.20 but its like nothing can push it back down.
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Yeah, it's at $1.44 right now. When it started pumping, I recall thinking back on the old blockchain site: "Isn't this supposed to be around a buck?" I thought it was.
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Lol I wasn't on the old block chain but I honestly don't mind a pump now and then as long as prices correct in a timely manner. But HBD hasn't been anywhere near $1 lately so I feel like its doing the job of a stablecoin. As much as I don't mind a huge pump in HBD to exchange out for some cheap HIVE, it's kind of ridiculous if prices are unable to correct properly.
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Lol yes . Only those who don't understand the concept of HBD will be happy to see it at that price .
I wish we can somehow fix it so that it remains around 1$ itself , it will help Hive indirectly because people like to deal with Stable coins .
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Yup seems like people are interested in HBD more than hive . I don't know why HBD price pumps , it should be lesser than 1$ ideally unless people love the 3% interest it provides.
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Yea the original HBD stabilization fund set it to drop the price of HBD until it was $1 or less. If HBD is less than $1 then you are getting it for a bargain. However if its above, then the peg isn't doing its job because there are less things to help HBD when its overpriced. I though adding interest would help stabilize HBD but it didn't.
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As content creators, I think we want to see it do better to maybe $4 or $5.
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Well yeah content creators will be happy but it is not good for Hive since HBD is supposed to be at 1$ .
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No it hasnt fulfilled its promise.
We are seeing some selling to help affect the price downward and also changes in the tokenomics at the chain levels are being discussed.
Blocktrades put out a post about it.
If you didn't see it, here it is:
https://peakd.com/hive-102930/@blocktrades/proposed-hardfork-change-to-stabilize-hive-dollar-s-tracking-of-usd-value
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Yeah I checked it out , I don't think it is the ideal way because as Hive price increases they will need more and more payouts from the post I guess to buy Hive and sell HBD to bring it down to a dollar.
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Is a stable HBD a necessity for liquidity pools if Hive ever decides to go that route?
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I don't think it is. We see it fluctuating on recent times. Look at SBD doing a ride to $7 and more. We may likely see HBD hit $4 soon.
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I think it was there or almost there for a few hours a month or two ago. I don't mind if it gets up there as I will be exchanging all my HBD into HIVE.
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The key word is suppose to be. It has failed.
That is why there are now efforts underway to get that operating as intended. We will see the effect they have.
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Hopefully they help to actually make it stable
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Are we anticipating the #LeoShop revive any sooner? That was the first tribe sponsored eCommerce on Hive from LeoFinance (then SteemLeo) community.
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Was it talked before ? Have I missed it or is it something you are suggesting ?
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I think that is well on the back burner at this point. There are so many other things being worked upon that I am not sure it is even on the radar at this time.
I would be there is no development taking place, just a guess though.
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Interesting discourse. i need to get the foundations of the discussion before I share my thoughts.
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Hey, Good day. My first appearance here and it's already 115 comments count. Things have so changed in this space.
Who missed me?
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We all missed you and I think you missed out on the 500 comments in 24 hours post. That's our new all time high and I wonder if we can even beat it again.
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LOL I should have read your comment before commenting on his.
I wrote near the same thing.
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Lol. We were thinking of the same thing since I think he wasn't around for the milestone happening on the @leomarkettalk posts. There still isn't an update on Project Blank yet so I think we may have a chance at 600.
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We tend to get off to a quick start then fade throughout the day but that is okay.
Earlier in the week, we had a 500 comment day. It took forever for the page to refresh with all the comments.
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i check CUB chart on Goswapp, and it looks like the fund has already been hit for the short term
tried to test the 3.26 bottom and it was up to 3.37 not breaking
if it stabilizes above 3.42 we will have good news in the coming days
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I think it will stabilize for a while. I think next week, the inflation will be lowered even more as there will only be 1 CUB/Block so I think we should stay around there. Depending on the new developments on CUB Finance, it will end up going up, down or no change.
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I have a feeling that will create more selling, the halving. There are a lot likely in for the early returns and then they will hop along to something else. That is how a lot of the farmers do it.
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Yea I feel like that is the case to. I think Cub Finance will probably have its work cut out for them if they want to keep everyone's interest. Thus I plan to leave it there long-term and maybe compound it every now and then due to transactions costs.
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He broke the price of 3.42.
I will also leave it in the long term, I will leave it at Cub Dens from the Cub's own I produced, and redeem it in about 6 months.
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an interesting news here about
https://cointelegraph.com/news/supercycle-may-propel-bitcoin-over-1-million-kraken-s-dan-held-says
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Anybody know how to set the comments default to "newest" showing first instead of "reward". I like to reload the page to check out the new comments and it always reverts back to "reward" showing first.
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@johnhtims good observation....and that makes some great comments to become hidden because of that...
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I am not sure there is a way to change that. Might want to suggest that to the development team.
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I think that would also be a good feature. Though by newest, do you mean all comments or just the top-level comments?
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I meant the most recent comments (newest) are shown at the top, the oldest are shown at the bottom.
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I don't think there is any setting for it. Though I think the LeoFinance team could probably make something like that since you can sort by newest.
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What does everyone think about CUB getting listed on Coinmarketcap? Is this a big deal or a nothing?
I think the value is they had to rework the API nodes which could help when they get things listed elsewhere.
It seems like a minor move but a step forward nonetheless.
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I don't know but being listed on an exchange means more publicity. This is good for CUB but right now there needs to be some way to curb the inflation. I feel like the people who got in on day 1-3 are fine but the people who got in later are dissatisfied.
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Why would those who got in later be dissatisfied?
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I got the feeling after reading the below post that some people aren't happy about the pools they entered. Also some of the other people are complaining they aren't getting the APR they expected. Well it was unsustainable to have like 4000% APR long-term.
https://leofinance.io/@edicted/took-the-loss-and-layered-farming-2-0
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Well it seems that the one doing most of the complaining really has no idea what he/she is talking about.
The reason for the "switch" was the development. Blank simply is not ready, unfortunately.
Probably of another example of someone who will spend his/her entire life whining about things instead of taking advantage of the opportunities presented.
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I agree. I am a small investor and am extremely happy to date with the returns. Much more than I would receive in APR on the balance in my Credit Union savings account!
Gratefulness is the key here. Someone, it may have been you, said: Leo Finance will make us all wealthy... or words to that effect. I totally agree. Even the few dollars I have invested have grown beyond my wildest dreams on the new Cub Finance.
It is said that JP Morgan was once asked,
How much money is enough?
His response,
A little bit more.
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Great to see you in here @sgt-dan.
Yes Leo is going to make us all rich. We just have to work the system as it is. CubFinance is generating outstanding returns for those who are involved. Those who chose not to, fine.
There are plenty of ways that Leo is going to make us money. The price is up significantly the last year, meaning each LP received, is worth more than a year ago.
Absolutely. I saw some bitching about the claimdrop, that it was such a small amount. Are you kidding? It was free money.
People feel too entitled. Thus they are ungrateful for anything they get.
Go try and get the returns we are in the present financial system. See if a bank will give you even 10% for a week.
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100% . These are the same people who are okay with taking 4-5% interest from banks but are not okay with 45-50% APR with possibility of underneath token reaching 1000x in value.
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I doubt they even take that approach.
Those that do, do; those that dont, whine about things.
That is my observation.
It is like when people complain about not have success on Hive, I tell them, leave 500 quality comments and then come back and talk to me.
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True and this can only make BLANK much better and stronger. I hope to see BLANk as a cross-chain token too.
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Yeah I guess that will happen but the airdrop will be only on HE is what I feel .
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🎶 Money for nothing and the chicks for free... 🎶
Some folks will complain about anything. I wonder who they are... not really.
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I imagine you have a good idea who they are because they are easy to spot. They tend not to be a silent bunch.
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Yea I agree. I put the small amount I got into Cub Finance. I probably won't touch it much because transaction fees will kill me and I was only planning to compound every few months. If it moons, I'll have a small amount incase I need it.
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And all the while you are building your LP holdings, which will result in more blank being dropped.
So you are going to come out ahead, like all of us, when all is said and done.
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This is why it's better to enter the pools quite early. It's a way to make the investment way juicy for those who trust the process to enter right earlier.
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That is the idea of the juicy rewards, to try and pull people in. They are going to get rewarded for being an early adopter, where you would think the risk is the greatest.
Nevertheless, even 400% return is still terrific.
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As for me, receiving a "free gift" of close to $400, I could not be less happier. I staked everything and even bought much more and I'll check back in 3 months time.
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Just make sure you are putting the payouts in the DEN.
That is needed to maximize your return. You want to keep compounding your return.
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I second this @uyobong , you can definitely leave it for 3 months but if you check and stake it in DEN atleast once in 2 days you will earn more than you can imagine in those 3 months . Don't let it be idle , keep compounding .
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I don't think it is a big deal to be honest , there are literally tons of coins over there so if we are talking with respect to visibility then it matters very less .
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For me, I am not considering anything price with CUB till the next 7 months. Time would heal and bring forward the true value of CUB. I have learned from my journey with LEO.
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Very interesting tidbit here indeed. Maybe there was a method to the madness.
https://leofinance.io/@jarvie/the-dec-pool-flippening
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Doesn't surprise me. Ethereum fees were a huge gatekeeper for the elite. Binance, whether you like them or not has allowed the little guy to experience Defi.
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Yes that is true. The fees on ETH are just out of control. Even dealing with some decent money is hard to do if you are paying $50 a transaction.
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Yea I wonder how the entire chain is going to react with the battle between miners and traders. I hope many of the applications on ETH move off it because the fees are ridiculous but would it maintain its speed if their miners leave?
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I doubt the Ethereum miners will leave. It would just make Ethereum switch to PoS even faster and who would use the miners' hard fork with crazy high fees. Also I think the "official" Ethereum chain will always be the one that the founder/creater Vitalik supports.
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True but I think the ETH chain will probably have problems with less miners. If ETH is no longer profitable, then they will move to a different crypto. So either way it will be a rocky start after the new changes. I think eventually someone has to pay for the people verifying the transactions and the costs have to at least give them something.
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It will be interesting to see how that battle works out. I wonder why nobody thought this would be an issue.
The miners are the ones running the chain. It seems they adopted this upgrade without talking to them.
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Very interesting indeed. The fees doesn't seem too bad but he's right about not harvesting unless you got a few CUB.
Is this in the lines for Diesel pools? I haven't kept up with all the more recent releases. I wonder if this would affect the prices of BEE and WORKERBEE.
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I honestly dont follow it closely enough to know the answer to your question. It seems like they are trying to do all they can to help the price of DEC. Helpful that Aggroed is involved in both Splinterlands and Hive Engine.
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Kevin Kelly is best selling author and editor of Wired Magazine. He is a very advance technological mind that has some very interesting ideas about where we are going.
This is a long video about 90 minutes but worth the watch.
https://longnow.org/seminars/02014/nov/12/technium-unbound/
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Well I gave it a listen. It sure is interesting. Questions like How do we make a representative democracy for 9B people or about the decisions we make for AIs.
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Yeah it is hard to have a representative system with that many people. Technology is helping since we will have to transform to some type of digital voting system akin to how we do it on Hive. Of course, that will probably require a digital ID system which is being worked on by many.
In the end, these types of videos bring up more questions than they often answer. However, it does give us an idea of where some of these people think things are going and bet the ranch, Kelly is not operating in a vacuum. There are others who are working upon what he is talking about although he was general in this one with the focus upon complex systems.
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Yea I had way more questions than answers when I watched the entire video. It does bring really good questions how our society will look and what the governance structure will look like. I was thrown off towards the start when he showed the clip of a movie/tv show.
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Welcome to futurism. Lots of questions arise no matter what the rabbit hole.
Yeah I didnt get that either to start especially since I have no idea what film that was. So I didnt get how it all tied together.
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That looks interesting, I'll have to listen to it tomorrow while I'm at work. That's the one good thing about what I do, I can listen to podcast most of the day.
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Kevin Kelly is an extremely sharp cookie. Been following his stuff for a while now.
I think you will enjoy it. Really paints a picture that if you arent familiar with the concepts that might be a bit out there.
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Love Wired. Will have to check that out. Subbed to the digital edition a couple years ago for some crazy low price of around $10 a year. They even threw in a free Yubikey. Couldn't beat that with a stick. Each issue downloads to my Kindle Fire. Awesome value!
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He is a smart cookie that is for sure.
Kelly is truly one of the futuristic thinkers of our time. He has a great mindset towards the future and complex organisms. A true philosopher of technology.
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I'll put on my list of things to watch. 90 minutes is kind of long to watch right now.
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Actually Kelly finishes about 60 minutes, still long but a bit more tolerable. LOL
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That's still fairly long so I plan to do it when I got some spare time otherwise I might be too distracted to pay attention. But I will get back with feedback within a day or so.
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I'll admit I don't really know the guy (although I do know Wired) but I'll save this and check it out later!
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90 minutes is too much lol . I will wait for you to explain that in 9 minutes in one of your future videos lol .
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Anyone else experiencing issues with PeakD notifications? I can't mark them as read... I click it but nothing happens
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It works for me so it might be a temporary bug. Sometimes you just come back to it later and it works. I do think there are a few bugs if you change the page too fast as things haven't been saved yet.
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Yea it seems to be normal again now
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Yup it happens to me too( not only today but from many days ) , hive.blog doesn't seem to have that issue so I mark notifications as read over there .
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Ohh good idea. I'll try that
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I never pay attention to them. I think my notifications are over 10,000.
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lol, I bet
Might as well stop caring about them too
Huge productivity sink
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I havent looked at them in months.
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Another daily @leomarkettalk chat going up.
Yesterday we crossed 200 comments. It seems we start off terrific and then fade.
Let us try to add more content so conversations can take place.
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What was the first cryptocurrency you ever got?
I received one called Grantcoin.
My first purchase was Bitcoin.
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I believe my first one was Lite coin, there weren't a lot of available options when I first started buying on coinbase. It didn't take me long to find Steemit, that's when I started learning about a bunch of other coins.
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@tbnfl4sun this shows that you have been on the crypto journey for a while now,keep up the great work sir...
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I know right , I still remember telling to myself while collecting BTC from faucets , I wish there were more cryptos like this and then 2 years later bam there were millions of them lol .
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Oh, that's right, I forget about them stupid faucets. lol
I was getting the Doge on back then. I remember I quit them because I was afraid of the Taxman.
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@tbnfl4sun though there are some legit faucets but most faucets are scam and just a waste of time.....
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Lol I used to collect Doge too , I held it till recently and sold all 10k Doge when Elon pumped it lol .
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My first one was BTC given that I didn't know much about the other ones. Its the father of all crypto and I bought it for a game online. Man the money I lost by spending it on a game.
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You live long enough and the "man the money I lost..." list keeps growing longer.
Guess it is part of live and learning.
I jumped on BTC because is was the big one. Then I got ETH and LTC not long after that.
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Yea the people who used HIVE to buy things in dollars are probably hitting them selves right now too. Imagine what would happen when you regret because HIVE would be worth 5-10x what it was when you used it.
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Exactly. It is also why I dont think these things will be used for commerce, at least until they settle down on the speculation.
Hive certainly has a 10X in it, easily. If we get a few developments going, it can go much higher.
That is the wonderful thing about crypto, things can moon very quickly once they start.
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My first one was Steem, but for sure I had to buy btc first to buy it...
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Woah really ? Did you get into crypto world through steem ?
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Yes, exactly!
Started with 3 years of losses, turned around last year...
Damn seems like you invested in STEEM when it was during its peak ( I did too but not huge amount of money ) . Did you invest when it was more than 5$ ?
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Somewhere around there...
fortunately the Hive hardfork and LEO got my investment of around 8000 € back in balance....
That's really good to hear , right now you are in profits then . I feel sorry for all the time lost in just breaking-even :(
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That just goes to show, even if you buy at the top, if you stick with it, you can make your money back no matter what the loss.
We have a great situation since buying Hive now will not result in a 95% loss.
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BTC, ETH and RUNE
Those were the first coins I bought. Bought all them on the same day but I believe BTC was the very first.
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Obviously the RUNE is a recent acquisition.
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I haven't followed RUNE from the beginning to be honest but I see many talking about it , do you suggest me to buy it ?
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I havent got any. Khal and some others are extremely high on it.
Not sure what Thorchain is all about since I havent researched it.
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Oh okay we both are on the same boat then
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For how long have you been in crypto ? Recently ? Asking because you mentioned RUNE .
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Yea, I started this year hehehe
I knew about it already, but I was a "non-believer" :P
It was only after I joined Hive that I started to see it for what it really is and decided to get on board
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Lol , that is good to hear actually . Hive changed your perception of cryptocurrency . When I was new to Hive I was lost , I knew about BTC from 2013 but I didn't know crypto world was so huge .
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Yea, the exact same thing happened to me. Hive definitely opened my eyes to all the opportunities of blockchain and crypto
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As @taskmaster4450le often says , Hive and Leo will change so many lives :)
I am one among them .
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It was from faucets and it was BTC .
But I was involved with a project which had a token named CoExist coin ( which doesn't exist anymore ) who tried to provide food and water to people who need it.
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my first purchase was bitcoin because I wanted to buy steem :) Bought 100 steem for a little more than $100 dollars in 2017
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I started buying STEEM at $1.30 so I know where you are coming from. Even had one purchase go through at $2.
Thought it was a bargain when I was able to buy for 80 cents...then 50 cents...then 25...
Well you know the story.
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My first earned was STEEM,
First purchased was STEEM.
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Just curious , do you still hold STEEM ?
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And all that STEEM got you HIVE dropped to you.
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So I talked about VIBES and it creating a music show that uses VIBES for tickets. I bought a ticket for the show on Saturday to support the project and the details can be found in the post below.
https://peakd.com/hive-175836/@whoismyhero/vibes-show-or-juxta-live-mixture-of-electronic-and-acoustic-20-03-20-00-utc
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I think this VIBES project would be making some waves, I need to read about it.
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It seems the one behind it has some good ideas.
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I havent had a chance to check their tribe out. How is it going so far? I saw your piece about the concert? Are they making other headway?
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Yea their latest update can be found in the post below. But it's essentially remaking the UI and release NFTs. They also plan on working on getting an ad system working on the front end.
https://peakd.com/hive-175836/@al-gaming/what-is-the-m4l-team-doing
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I have been meaning to post on that community or atleast check it out but right now I am not finding time for all these.
Do they have their own NFT?
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They are in the works. In their use cases, their idea is for NFTs on the WAX blockchain.
https://peakd.com/hive-175836/@al-gaming/what-is-the-m4l-team-doing
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It is turning out to be a very promising tribe .
Maybe I should check out WAX blockchain,whenever I see NFT people talk about it.
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If our guest on Tuesday's show (coming up) has anything to say about it, all that type of stuff will be on Hive.
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Your guest is Kyle right ?
I would be interested to watch that , your last show with jon - I watched it fully and loved it .
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Ouch that is a slap to NFTShowroom.
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Yea but I don't blame them. WAX is the place where the real-life money is coming in from whereas NFTShowroom is still limited to the people on HIVE for the most part.
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I dont blame them either.
There seems to be a lot going on that might make things tough for HE in the future.
More cross chain interoperability means that some of the other areas are more attractive.
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So is anyone surprised that Clubhouse got banned in China? I thought it was bound to happen and I expect more platforms outside their control to be banned.
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Yeah it's too bad for people in China, they've been fighting this kind of thing for a long time. Sometimes I feel like the United States is going the same way.
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Yea everything is moving that way so I wonder how everything will finally play out. The republicans in Congress are kind of being pushovers and they need to push back before things goes past the point of no return. I hope the need for decentralization becomes more mainstream and everyone moves in that direction.
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Never really thought about it. I guess I am behind the times. I never even paid attention to clubhouse.
I know it is the hot new thing...at least until all join Hive.
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It's definitely the new shiny toy. I am tempted to join because there are so many people starting up their own groups. Elon, some of the MSO leaders in the US, and various others. I think they are using it as an alternative because Youtube and other places can't let them speak as they wish.
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Yeah I heard it is kind of an alternative to that.
We might be seeing a new way to engage with the Elon's of the world.
Maybe Khal needs to build the Lion's Den.
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That would be interesting. However does it have the infrastructure to do the video/images? I think the blockchain was built more for text.
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Yeah would have to use more IPFS for image and videos. Blockchain tends to store text. That is why 3Speak's new project is so interesting.
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It's sad that it got banned but to be honest I didn't like the concept of Clubhouse in the first place
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What did you not like about it? I didn't become a member but I see it being passed around a lot by some of the people I know or follow.
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I don't know.. maybe I'm just being a nag but I didn't really see value in it
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The DAO bill passes the Wyoming Senate. It is now in the House.
This would give legal status to DAOs within the state. It will be a bit step forward in recognizing what is evolving.
Wyoming is one of the more aggressive states when it comes to blockchain and crypto regulation (in a positive way).
https://www.theblockcrypto.com/linked/98776/wyomings-dao-law-passes-state-senate-in-a-28-2-vote?utm_source=rss&utm_medium=rss
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This is a subject I really know nothing about, looks like I have another Rabbit Hole to go down.
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Essentially giving legal status to the governance established by smart contracts.
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I think it's a good thing. Let's see how everything works out and we need a few people to pioneer the new digital age. Whether or not it succeeds, I think it shows people are more willing to accept crypto as part of the economy.
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Optical satellites for monitoring anywhere in earth is spreading. What do you think about them using optical satellites to monitor the entire earth 24 hours a day if they wish?
https://www.cnbc.com/2021/03/18/capella-space-releases-new-satellite-images-to-tap-intelligence-market.html
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It is where we are going. Yet it also epitomizes how we think we are going to get there. We are still locked into the corporate mentality.
Global coverage of monitoring is going to happen. There is simply no way the global brain/next evolution of the Internet where everything is connected is going to not take place.
Yet, like the present internet, a few companies want to control it all. That is why we need to keep pushing open source, decentralization, and access.
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Yea especially since everything can be bought with money. The rich gets all the advantages from the data world-wide while we are left with the scraps we find online.
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This article was quite interesting. A 1% increase in price for BTC is $93 million currently, gold is $2 billion and the bond market is multiple times that of gold. If the money starts moving out of bonds, we can see a huge shift in the markets.
https://www.bloomberg.com/news/articles/2021-03-18/have-93-million-you-may-be-able-to-boost-bitcoin-s-price-by-1
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Do you think a lot of bond money could find its way into Bitcoin? Maybe I havent been paying attention but they seem like completely different buyers. I would guess that a lot of the bond money would end up in equites.
That said, the bond market is so big even a few percent of the whole moving into Bitcoin would be an enormous number.
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Yea a few percent from the bond market can make BTC jump 50% easily. Imagine the people freaking out if BTC was at 100k because 2-3% of money from bonds went to BTC.
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I think 2% of the bond market would be $600 billion.
That certainly would change things.
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This is no surprise, not for the USD.
Powell said the digital dollar will have to coexist with cash. That is because more than 60% of USD are held outside the United States. There is no way the USD is going to get rid of that.
Tell that to the ones online who espouse the idea that cash (USD) will be wiped out.
https://decrypt.co/61977/cbdcs-should-exist-alongside-cash-fed-chairman
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I saw this article earlier and I saw this coming. The Fed doesn't want to let go of the dollar and plans to make sure their power stays there as long as possible.
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I think Powell sees what some other bankers are starting to see. If they go full CBDC, it benefits the government, not the CB. In fact, what need is there for the central bank if there is a CBDC?
Makes them nonrelevant.
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Yes I agree but I thought the banks would jump ahead first with their own crypto or stablecoin first. I don't which will come first but it will definitely push the masses towards crypto adoption.
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What Bitcoin needs to push to $100K?
https://ambcrypto.com/what-does-bitcoin-need-to-push-100k/
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It's interesting how the newer Bitcoins have been transacting a lot and the older ones are still being hodled mostly.
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I found that interesting too. I am trying to think of who would be selling.
The major institutions that bought of late are holding. I cant see any of them selling but maybe.
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Looks like the wealthy are starting to buy and sell. I wonder if they were traders or investors.
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I don't want it to get there yet. I wish we had a $10 HIVE first so I can at least hold 2 BTC before the ride.
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Not sure it is a game changer but the Associated Press will record basketball scores on Ethereum.
It is being tied into Everpedia which is supposedly a decentralized Wikipedia.
https://u.today/associated-press-to-record-basketball-scores-on-ethereum-blockchain
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everpedia lol :)) that sounds like a wikipedia for religious people :)))
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Godopedia.
Coming soon to go with your Biblepedia.
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I find that to be the worst decision possible. Why would you want to spend an extra $30 everytime the price changes for a game. I would opt for a lower cost block chain that can handle the traffic. The people who run these things must have too much money.
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I would say they have no idea there are options out there. They probably were sold it through an app that is tied to ETH.
Although I am sure if will be final scored and just be a large data dump once or twice a day.
But that is where we are, we just have everything being focused upon Ethereum and little else.
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Yea this is the problem. If they went for a block chain without the high fees, its one less issue down the road. So I think its more that they don't have an expert and they didn't spend enough time researching. If they only looked at the money, then it might appear higher but only due to the added gas fees.
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Rethinking the intrinsic value debate for Bitcoin (and other units).
A fascinating read.
https://bitcoinmagazine.com/culture/its-time-to-rethink-the-intrinsic-value-of-bitcoin
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Definitely interesting but it doesn't really provide a good explanation. I personally think its the buyers of last resort (bitcoin maximist) that allow it to keep its value. Right now all the large organizations just need to buy up all the BTC they can and eventually they will have control.
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That could be the true value there...there are a large number of built in buyers. That always establishes a floor.
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Is everyone remembering to label the images in their posts with a keyword that is applicable to the article.
For example, if there is an article about CubFinance and you put something in there relating to it like a tweet, name the image cubfinance.
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Doing it for my next post! Also, I believe @amr008 released a tool to help people write posts with good SEO standards.
I haven't tried it yet but if he's involved it should be good!
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Yeah he did make one.
I havent used it but it is out there. He did a post about it.
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I just made changes so you can use it in comment itself to check , no need to use it in the post anymore .
Give it a try and let me know how it goes :)
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I plan to when I get around to making some posts. Well its guaranteed I will do one for HPUD so I got to make sure to label those images.
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Yes I am . I usually have started to name it crypto , earnings and stuff since it seems to be trending lol .
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do you mean change the name the png or jpeg we upload?
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Yes! Some people who know a lot about SEO say that really helps.
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Yeah usually if you copy paste a image , it will take it as Image.png . Change that to say memes.png and it is better for SEO .
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cool, I will :)
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It is funny, each time I come across a Bitcoin article that talks about the move up and whether it is going to blast through a certain level, the token dropped by like $2,000.
That is the nature of an article that is a few hours old in BTC.
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Yea the swings are so huge so speculation about support/resistance levels aren't really that good. I think the main reason is because the market cap isn't big enough yet. Thus one or two whales can easily push through the levels.
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https://cryptopotato.com/the-us-government-sold-bitcoins-at-a-21-premium/
Does this seems backwards to everyone else or is it just me? Didnt the buyer get a discount?
How is that a premium? Or is this government math?
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I wonder if he had to pay extra to enter the auction. If he got it without entry-fees then yes its a discount. However given how the government is, I bet they charged an extra fee on top of entry and fees.
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Ah that would make sense.
Probably something he had to add to it. The government wants to milk everyone.
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I cant believe that the money still flows into professional sports.
My view is they will encounter demographic issues at some point. In the meantime, they just keep getting bigger television contracts.
https://www.marketwatch.com/story/nfl-signs-110-billion-media-rights-deal-amazon-will-get-exclusive-rights-to-thursday-night-football-11616100188?mod=home-page
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Yeah, it's really incredible
Prime time sports has been great tv material for a while and apparently still going to be for the time being
It's the same here with soccer
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I think people will never truly reject the sports no matter how much they complain. They still love the sport and at worst, they just find someone who cuts out the ads. Personally I don't see this as nothing but a way to placate their customers and attract new ones.
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In India as we all know Cricket is a big deal . The BCCI usually signs millions of dollars for every 3 seconds .
In cricket there are lots of advertisement . Minimum is atleast 60-70 times per match , that's the minimum in short form cricket .
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Hey guys , this is just a test , ignore this.
!SEOcheck
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Title is of good length- Perfect
Permlink is of good length-Perfect
No header found- Add H1 and H2
Image available-Perfect
No links in the body-Add internal and external links
You're never relenting to bringing something new. SOon, you'll be heavily rewarded.
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Thank you @uyobong :) I am trying to do what I can to contribute to the Hive ecosystem .
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Will you bring BAT to HE ?
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Hmm could be interesting
Not right now because I don't have much BAT so I don't think I should be bothered but maybe soon
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Same , my brother does hold some BAT , will ask him to move it here and buy more Hive lol .
Do you use Brave browser?
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Yes! But I've only been using it for like 2 months so I don't have a lot of BAT yet. But I'm loving the Brave experience.
Recently, I also started using Presearch as my default search engine. Do you use it?
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I used to use it long ago but I have addicted to Google for it's simplicity.
Do you suggest me to shift back to presearch?
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I started to use it recently so I don't know how it was before, but I've heard from some people that it's a lot better now, so maybe it's worth trying again!
Google is still better for a few things in my opinion so I understand what you mean hehehe
I don't know if this already existed back then, but now there is a handy sidebar on research that allows you to switch your search engine for a particular search with one click. So, for example, if you try to search for something but you are not happy with the results that are shown by Presearch, you can just click the "Google" icon and it will change to google search. There are also other options such as Duck Duck Go, YOutube, CoinMarketCap and others. I find it really useful!
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Yeah I like it because it is simple but I don't like it because of its spying nature lol .
Oh this is a great feature . That solves my , I prefer google problem too .
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That would really be awesome. Hive would become a home for everything crypto sooner.
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That is what I envision too about Hive . I read many a times on twitter where people mentioned they would love to see that particular game , this particular gambling thing to be on Hive so maybe in future it wil happen.
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This statement, at least to a degree, maybe truer than you think very soon.
Give it another month to see where things stand.
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I don't know if I should. I got a decent amount of BAT just sitting in my labtop browser but never linked it up to a wallet yet. Currently it is sitting at 89.5 BAT.
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I haven't used Brave browser so I haven't got any BAT .
How much are the fees to send it? Also how much is 100 BAT worth actually?
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It's worth $1.20 per BAT so its worth $120. It has literally shot up to the moon because I think I remember BAT was around $0.2 when I started using it. I think I have to connect it to Uphold and I haven't converted. To move it to uphold probably doesn't cost any fees if you convert enough BAT (they cover it) from Brave. But changing it to other cryptos cost you fees.
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That's impressive. My brother uses Brave browser so I will ask him if he wants to convert them to Hive lol.
I have already made him invest in LBI and other projects.
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Read the comment I left for taskmaster about the fees. He may want to wait till April or if he doesn't then use the lowest network crypto before moving it to your wallet. This way the fees aren't too huge when transfering
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All right got it , thank you I will let him know that .
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It is on Ethereum so wont it always cost to move?
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Trading in Uphold is suppose to have no fees but I heard its horrible if your trying to change to BTC or ETH, its horrible. But if you change it to a different crypto like Litecoin then move it to a different wallet (with small fees compared to Eth), you can get it moved for cheaper.
You might pay some fees but it should be alot cheaper. I heard in a different post I saw in Reddit that they plan to move towards Gemini User Wallets in April.
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I have about 130 BAT so it will be interesting to see what happens. I am not sure it would be worth it to get it on CUB but who knows.
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Maybe that is why Khal was asking on Twitter about BAT.
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Oh I see , okay lol . I wish I had some BAT and DEC to get into the farming , unfortunately I don't have both .
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Leofinance put out a tweet asking about adding BRAVE to the liquidity pool on CubFinance.
What does everyone think about that?
I am not sure. I think there are other tokens more deserving and a better choice (I certainly thought that about DEC).
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I personally don't think its a bad idea because I think BAT is probably generated by many of the crypto users. We can toss some of our normal energy usage to earn some CUB and I might do that after the wallet system fixes itself.
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Okay gang.
Lets put down some odds.
What are the odds that ProjectBlank get released in April?
I will go with 50%.
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Man, I can't wait anymore. What a tease this project is... lol
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It is killing all of us. So hard to sit here and wait.
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@taskmaster4450le the odds as for me is above %60..i would really love to see the projectblank come into reality because i still strongly believe it is one of the great projects that will bring a total massive great positive turnaround to the LEO economy....
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I think it will be less. With the image problems and no clear update, I am guessing it will be a 30% chance for it to be released sometime in April. I think it's highly likely that it will be released in May.
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#SOON keeps getting pushed further away. :-(
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Yea it keeps getting pushed back. I would prefer to know the general problems and a rough estimate date so we can reign in our hopes of it coming out soon.
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To eternity.
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You could be correct. I might be high with my prediction.
We will see what happens.
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