| Edicted | Favorites https://www.bitcoinmyk.com/members/edicted/activity/favorites/ Activity feed of Edicted's favorites. Wed, 22 Jul 2026 15:36:26 +0000 https://buddypress.org/?v= en 30 hourly 2 8967763f148ae2e6317ef4aa10217dae LEO could use a big win. 18 comments / 0 reblogs @edicted 1 mo 81 LeoFinance LEOFINANCE 5 MIN READ 918 WORDS leo.png Sure every crypto could use a big win. That's the thing about bear markets, eh? Everybody finds themselves in the same sad lifeboat taking on water. Still, better than being the musicians on the Titanic. Seriously though... They had over 2 hours to prepare and everyone just sat on their hands instead of preparing for the inevitable. It's exactly the same thing we are seeing in the legacy economy today, except on a much longer timeline. Personally I'd rather be spending my time grabbing anything that floats and tying it together for the makeshift raft. Such is crypto. makeshiftlifeboateconomy.jpg Wow! That is ugly. But it floats, eh? image.png It's been a wild ride on the high seas! We got our Wyckoff pattern followed by the classic head & shoulders, and now we wait for the bottom, assuming it hasn't already happened. It somewhat blows my mind to see these valuations and watch everyone scramble and act as though it's all crashing to zero soon. Typical bear market. And yet, we already know that this is exactly how long it takes for the bottom to solidify. One year after peak. We made it, but at the same time the legacy economy looks so terrible it's hard to find any upside in this mess. As we approach the end of the year, the doubling curve that I often use as a metric for where we should be is around $51k. Yep, I value Bitcoin around x3 the price it is now. Given this metric it's hard to grasp how the price can be this low and still money sits on the sidelines waiting for it to go even lower. With 3 of the top 10 coins by market cap being centralized stable-coins it becomes provably obvious that the money is there just waiting to reenter. annual_cycletemp.png I often claim that February is a bad month for the economy. Gas prices are often at their lowest. Demand is down after Christmas and the back-to-school rush. Everyone is broke and often in a holding pattern. In the same instant, recent price movements in crypto have defied all the classic patterns, and once again we might see February be the start of something interesting. If 2023 rhymes with 2019, that certainly will be the case. Perspective matters. February is much different in the USA than it is in say China. The month of February in China is a month of celebration. They take the New Year very seriously over there, which is in February within the East hemisphere. image.png It will take months for the scared and scarred bulls of crypto to pop out of their holes and reenter the market. People still can't STFU about FTX and Sam Bankman. The chatter has been constant since the collapse. Move on. Sam going to jail isn't going to fix any of your problems. The judicial system moves at a snail's pace. Funny how people forget that as they compare the situation to other moments in history that took literal years to play out. The elite has no incentive to fast track the prosecution of white-collar crime. Think about it. Most are criminals themselves. What about LEO though? Yeah, LEO could use a big win. The last big win for LEO was listing wLEO on Ethereum, and it was all downhill from there. From a 2 cent valuation to 80 cents. The hack hit like a ton of bricks, but I'm guessing most have already forgotten about that considering the circumstances. CUB was a huge fail for anyone that invested directly in the token outside the LP. PolyCUB was doomed right from the start from the tokenomics I pointed out before it even launched. The math was simply not sound. It can still function as a testnet though. But yet people on LEO are still diehard holders. Would be nice to get another win, and we will eventually, but the patience required for such things is the stuff of legend. CUB is making some much needed pivots, and the micro-blogging iterations will go live soon™. Conclusion Bear markets aren't fun, but that's how the diamonds are forged. The pressure of these situations is enough to weigh on anyone. It's how we handle the pressure that matters in the long run. Will we make the same mistakes next bull market? Probably! Hopefully not though, eh? History shows that the bear market has bottomed. Unfortunately there is no history for Bitcoin that shows how it reacts to a recession, as it was created at the bottom of the last recession. Bitcoin was very little known at that time, so we have no metrics to follow this time around. Completely uncharted territory here. But still, we have to note that the crypto bear market and legacy recession happened pretty much at the same time. Judging by the doubling curve and the x3 needed to get back to it, I have to assume that this market is wildly oversold due to the double whammy. It's hard to imagine another crushing blow coming because we've already spent our year in the gutter and crypto moves faster than any other market. Any kind of decoupling from stocks could send many retreating from the more volatile asset (stonks) and into crypto. At least that's the theory. So here's to the LEO community and waiting out the winter for another victory. Development is a slow grind, but we'll get there. Posted Using LeoFinance Beta PROOFOFBRAIN PALNET VYB BITCOIN LEO LEOFINANCE 626 2 18 $3.93 USD Begin editing... 18 Comments REWARD poshtoken 1 mo (Edited) https://twitter.com/1413161729106776065/status/1601986178080772096 https://twitter.com/1415155663131402240/status/1602111269255155712 The rewards earned on this comment will go directly to the people( @no-advice, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. 0 $0.00 USD Reply alex-rourke 1 mo the micro-blogging iterations will go live soon™ This would be cool. Hope to see 100 dapps on HIVE one day. 1 $0.02 USD Reply bitcoinflood 1 mo At this point LEO at $0.05 the sell point is over for me and it's only stacking and holding because $0.05 isn't worth the sell in my opinion. It's either write it off or stick it out. I fully agree that Polycub was a mess and made zero sense when everyone was preaching it was going to moon once the inflation died down and the massive lockups of polycub but that never happened. CUB did well I think however after it's fall in March I think we all knew it was a doomed cause at that point. Inflation just crushed that token to nothing and now we are attempting to still fight that same inflation. That inflation needs to be adjusted depending on market conditions. When things are in a bull market sure you could increase the print but in a long bear market that inflation should be reduced because of the reduced amount of fees and swaps happening. If the UI, Threads and ad buy back don't start to fuel a little value in the token I most likely might start shifting my focus a bit more away from it. There's only so much one person or we can do. I'm hoping for big success but I feel even a small long win would be better and my hopes are we see that rolling into 2023. 2 $0.07 USD Reply tobetada 1 mo selling pcub at 11 cents and buying it for KOIN was one of the best bear market decisions I made and I still lost thousands of $$$... but I made enough Leo rant posts, so lets hope for a brighter future! 1 $0.02 USD Reply tbnfl4sun 1 mo So did they give up on polycub? I cant believe there is no word about it! 1 $0.00 USD Reply edicted 81 1 mo Nah there is no giving up but there is some drama with the emission rate. Some thing we should pause the halving events to maintain yields so all the liquidity doesn't leave. Like I said it's still a great place to test features that might be dangerous to cub like loans and bonds. Posted Using LeoFinance Beta 1 $0.03 USD Reply shortsegments 1 mo I hear you. Leofinance is such a fantastic project which ticks all the right boxes of community, utility, development, and known dev team. But it’s price means many influencers won’t even consider looking at or Hive. Tough crowd. Posted Using LeoFinance Beta 0 $0.00 USD Reply blueface 1 mo Well said. And I agree with you about Bitcoin's value x3 the price it is now. And I think now is a good time to explore projects like LEO Finance, because once LEO Finance and Hive Blockchain come out of the Bear Market, it will be stronger than ever. Posted Using LeoFinance Beta 2 $0.03 USD Reply forexbrokr 1 mo Have you still got that million CUB lol? What're your thoughts on CUB paying its own token to incentivise the bLEO:BNB LP at 37% APY and people still not touching it? Posted Using LeoFinance Beta 0 $0.00 USD Reply brianoflondon 76 1 mo Thank you so much for your support of my @v4vapp proposals in the past, my previous one expired this week. I'd be really happy if you would continue supporting my work by voting on this proposal for the next 6 months: Proposal 244 on PeakD Proposal 244 with Hivesigner Proposal 244 on Ecency Additionally you can also help this work with a vote for Brianoflondon's Witness using KeyChain or HiveSigner If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do. 0 $0.00 USD Reply nainaztengra 1 mo I got into Leo at .80 and then it tumbled down :-) Later I removed all at .50 and now again trying to build my stake just from the earnings and not with any investments. Though it's not a bad idea to make some investment. 3 $0.03 USD Reply tokenizedsociety 1 mo Haven't checked PolyCUb in a while to be honest... I did stake what I got from the airdrop but never invested in it directly. I did invest a little in CUB though so yes, could use a big win there. Same for LEO... I think the pieces are being put together so we will get there eventually but as you say, it's a patience game Posted Using LeoFinance Beta 0 $0.00 USD Reply iykewatch12 1 mo Victory is sure. The bear market is an opportunity in disguise, those who didn't get emotional and bark off would have a better story to tell tomorrow. The circular world had experienced recessions and the crypto world is in its early stage and recession hitting shouldn't force us out of the massive victory ahead. 0 $0.00 USD Reply acesontop 1 mo March-April is when I'm expecting a change in trend. At least for BTC. One year prior to halving is when max pain is basically over and plebs(institutions too) start accumulating for the next bull market, triggered by the halving. It will happen again. I don't know about LEO. I have hopes and dreams but these don't usually work. I believe that CUB pretty much "killed it", but I might be wrong. Patience, it's all we got right now. At least that's the case for me as I don't have any more cash to buy more crypto. I wish I did, but again, hopes and dreams don't work. 0 $0.00 USD Reply jerrythefarmer 29d In retrospect, maybe Cub and Polycub didn't need a token but that was an impossible discussion to have back then because everyone and everything had a token. The services they provide could easily tie into Leo and we could have one token to rule them all. I guess that over time products will be built around them like the multi-token bridge on BSC but that is a very distant future it seems. Posted Using LeoFinance Beta 0 $0.00 USD Reply reblogged https://www.bitcoinmyk.com/activity/p/308/ Thu, 12 Jan 2023 08:01:37 +0000

LEO could use a big win.
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Sure every crypto could use a big win.
That’s the thing about bear markets, eh?
Everybody finds themselves in the same sad lifeboat taking on water.
Still, better than being the musicians on the…Read More

]]> 0 6db6853988bde82d600c3f39ce60fc8e LeoFinance 100% @edicted edicted 81 3714 160 hivestats.io/@edicted Moon Freedom From Debt-Slavery @edicted/trust-in-a-trustless-environment @edicted 10h 81 LeoFinance LEOFINANCE Trust in a Trustless Environment Selling the bottom to buy the bottom. So the APY on staking CUB has dropped to a measly 2.3%. I had a million CUB sitting in that… 273 11 $2.02 USD Trust in a Trustless Environment 11 comments / 0 reblogs @edicted 10h 81 LeoFinance LEOFINANCE 6 MIN READ 1133 WORDS encryptionlock2key.jpg Selling the bottom to buy the bottom. So the APY on staking CUB has dropped to a measly 2.3%. I had a million CUB sitting in that contract (flex) and the only way to make it higher is to timelock it. Unfortunately the best yield on a timelock is 12 months (26%), with the lower periods escalating their way to the maximum on a spectrum. Doing the napkin math on this I came to realize quite quickly that 26% is more than x10 higher than 2.3%, which means I could just lock 100k CUB for a year (10% of my stack) and that would generate more yield than the million CUB I had in there. It's a tempting proposition, so I decided to throw 200k in there for a year, currently valued around $3800. I'm so overextended on this token it's pretty funny honestly. So then I had 800k to play around with, and I really had a hard time parting with any of it because of the whole 1M CUB unit bias that was feeding the dopamine in my brain. After weeks of flirting with an under the table buyer I finally decided it was time to get back into the LPs. I've always wanted to have a CUB/HIVE position and decided now was a good time. It's an interesting moon-bag LP. No stable coins here. My go-to LP used to be CUB/BNB, but honestly I'm kind of over BNB right now with all the crazy stuff going down. Supporting Hive it is. There's an added benefit for CUB within the context of pairing the token to HBD or Hive, and that stems from the wrapping fee. All wrapping fees go into buying and burning CUB, so simply providing liquidity to one of 4 out of 7 of the LPs generates free revenue for the network (anything paired to Hive/HBD). Whenever the difference in price of Hive & bHive is greater than the wrap fee (half a percent) we get forced arbitrage and CUB makes free money. This seems like the way to go at this point. Volatility harvesting is an interesting model. I emptied my Hive wallet but it wasn't nearly enough. Had less than $2000 liquid. Still considering selling some Bitcoin to get some more Hive this way... but honestly that's a tough sell, as liquidating Bitcoin at this juncture is a huge risk that I know I shouldn't take. Yolo? nodeal1000000million.png So I took the deal. I didn't want to sell any CUB on the market, but my over-the-counter buyer was still motivated. Sent me 7000 bHive. That's a new personal record for me, and somewhat the point of this entire post. I've never just had someone send me $2000 worth of naked crypto before and just trust me to pay them back. I did this quite a few times with value transfers of Steem to Hive during the hostile takeover, but it was for much smaller amounts ($100-$200). This just goes to show you that the connections and communities we are building here are strong. Ideally crypto is building a foundation that exists within a trustless environment. We aren't supposed to need to trust anyone to uphold their end of the bargain, but as it turns out, decentralization is hard, and at these early stages of the game there are plenty of opportunities and shortcuts presented to us that absolutely do rely on trust. In fact, no matter how decentralized and "trustless" crypto gets, the foundation will always be one of trust. We are simply outsourcing that trust from an individual we are doing business with to the network itself. Theoretically the network can be untrustworthy, but this is exponentially less likely. Even if I wanted to steal $2000 that someone had given me for a trade, it's actually quite impossible to do so profitably. I can't throw away my reputation on Hive for $2000, as my rep is worth much much more than that. At this point it's impossible to measure how much it is worth, but it's a lot. Who knows where Hive will be ten years from now? The reputation of my account could very well be worth more than the literal dollar value associated with my crypto holdings. image.png So I paired the 7000 bHive to 105,000 CUB in the LP, and sent 105,000 CUB to the trader for the 7000 bHive. Simple. Although now I have less than 800k CUB instead of 1M. Very sad. On top of that I still have half a million CUB just sitting around waiting to be thrown into an LP or locked for a year. It's quite likely I'll need to trade even more for Hive in order to get it into a place that actually generates yield and has a positive benefit to the network and myself. Selling the bottom to buy the bottom. So I've essentially sold CUB at the bottom, but at the same time I traded it into Hive sub 30 cents, which is just absurd considering how high we were flying during the bull market. I may use this stack to justify offsetting funds elsewhere. I still need to buy some Bitcoin back that I sold during the Binance FUD. Or maybe I don't. I guess it all depends if alts do okay during 2023, so who knows. Conclusion No one likes to sell the bottom, but what if you're selling the bottom to buy another bottom? Such is the state of things when trading one crypto for another within a connected market. It gets even weirder in this particular situation because selling an asset can ultimately lead to higher liquidity and a higher price over time. Quite odd indeed. The world is in a crazy place right now, and trust is in short supply. Luckily, trust is the primary asset that crypto deals in. We can always trust the ledger because the ledger is being confirmed worldwide by many nodes worldwide, all operated by users who have an incentive to stay honest. In the event that we need to trust an individual that often works out too and we meet some amazing people along the way, just remember that it might not always work out in the end. Within this context, we see how Hive is once again way ahead of the curve in terms of the apathy and malice we see on other networks. On a social level, communities like Bitcoin and Ethereum are completely fractured and the waters are full of hungry bloodthirsty sharks. Most do not even get warning of who the sharks are or what they are doing, and if they do it's on WEB2 social media. Hive is intrinsically more connected than that. Love to see it. Posted Using LeoFinance Beta PROOFOFBRAIN PALNET VYB BITCOIN CUB HIVE BHIVE LEOFINANCE 273 11 $2.02 USD Begin editing... 11 Comments REWARD poshtoken 10h (Edited) https://twitter.com/1460818780980973570/status/1613279503752613898 https://twitter.com/1415155663131402240/status/1613375110307803137 The rewards earned on this comment will go directly to the people( @hivehotbot, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. 0 $0.00 USD Reply stayoutoftherz 10h (Edited) You stacked 1M CUB? Ouch, what was your average? Or were those all compounding earnings? Anyway, the upside potential is way higher with Hive, plus while staking it get´s you the 12% per year along. So why waste your time with CUB? This token is created out of thin air and thin air is where it will eventually go. On another note, I noticed that you have some votes left for witnesses. If you could consider voting for me, I would really appreciate it! I am fully dedicated to Hive, never powered down a Hive, curate manually a lot, and thrive for more decentralization of our favorite blockchain. Thanks! https://vote.hive.uno/@stayoutoftherz 2 $0.02 USD Reply edicted 81 10h Hmmm yeah it's not as bad as you think I bought most of it at 2 cents, and a lot of the money I used came from degen gambling on polycub and exiting early. 1 $0.00 USD Reply tobetada 10h this whole (p)cub thing has a really sour taste for me and I imagine 99% of people came into contact with it. But at least the team has been getting on track again with focusing on leo and the hive bridge. Really wondering where cub will be during a bull market - I will probably be buying the top again :) 2 $0.02 USD Reply dagger212 10h One of the bright spots of "selling the bottom to buy the bottom" on Hive is at least you don't get crushed on transaction fees. It wasn't too long ago when doing anything with the ERCs or Bitcoin took a nice big bite when repositioning at the bottom. BSC isn't as good as Hive, obviously, but it's not bad. I did something similar a few weeks back with polycub where I moved some over to CUB instead. Since they're "fixing" that one first, I figured I might as well get on board that one. Funny, most of my polyCUB came from CUB in the first place. I've just been playing Plinko all the way down. lol We'll let it sit for a while now. There's really no place to go but up... :-) Posted Using LeoFinance Beta 2 $0.02 USD Reply zaibkang 10h Sr why do you not engaged with Hive users Onchain? 0 $0.00 USD Reply edicted 81 10h ? 0 $0.00 USD Reply zaibkang 10h I mean not replying comments not giving upvotes, you are only just published post that's what I feel because I don't see any upvote giving by you on any post or any comment from you? 0 $0.00 USD Reply steemychicken1 10h Sometimes it's hard to comprehend the amount of trust that it's build in that community and in crypto as a hole. I have done my share of deal with big amounts of money and i was never let down. And i can't say the same for my everyday life and people that i know personally. 2 $0.02 USD Reply manniman 7h That's a good move, Bottom2Bottom seems irrelevant. From here on out, up-and-to-the-right. 0 $0.00 USD Reply rzc24-nftbbg 4h We can always trust the ledger because the ledger is being confirmed worldwide by many nodes worldwide, all operated by users who have the incentive to stay honest. This summarizes the whole article for me. Impressed with that 200k locked CUB! Posted Using LeoFinance Beta 0 $0.00 USD Reply @edicted/with-the-confidence-of-a-child-digging-a-hole-to-china @edicted 1d 81 LeoFinance LEOFINANCE With The Confidence of a Child Digging a Hole to China. This Joe Rogan clip has been circulating crypto Twitter for the past few days and I was going to ignore it but... meh, let's address it. I… 449 2 27 $4.70 USD @edicted/number-go-up @edicted 2d 81 LeoFinance LEOFINANCE Number Go... Up? Feels nice to have a green day after so much crab walking. Litecoin above $80. Pretty cool to see such a old-school alt that is… 272 9 $1.69 USD @edicted/vitamin-c-vitamin-d-zinc @edicted 3d 81 LeoFinance LEOFINANCE Vitamin C, Vitamin D, Zinc So I'm on like day four of the coof, which traditionally for me would be the crescendo for viral infections. Normally feeling my worst… 450 22 $3.60 USD @edicted/i-gots-tha-coof @edicted 4d 81 LeoFinance LEOFINANCE I gots tha coof! I like to write a blog post every day. It's like a tradition at this point. In fact I'm told that I wrote exactly 365 posts last year.… 432 1 34 $2.64 USD reblogged @brianoflondon/what-is-nostr-and-why-is-it-exploding-a-guide-for-hiveans @brianoflondon 6d (Edited) 76 VALUE 4 VALUE What is Nostr and why is it exploding? A guide for Hiveans. This is a value for value post: see the explanation in the footer. As many of you know, I've been described as "Hive's leading expert… 640 4 40 $5.20 USD @edicted/more-milestones @edicted 6d 81 LeoFinance LEOFINANCE More Milestones: Crypto is a bit slow right now, and that's a good thing. We are firmly in the consolidation phase waiting for something to happen. News… 358 1 29 $2.09 USD @edicted/dead-cells @edicted 9d 81 LeoFinance LEOFINANCE Dead Cells Dead Cells is a video game that launched in 2018 and became popular during the last bear market. The only reason I know about it is… 472 2 8 $3.88 USD @edicted/binance-extorts-buddy-for-usd500 @edicted 11d 81 LeoFinance LEOFINANCE Binance Extorts Buddy for $500 I usually have a lot of nice things to say about Binance. High liquidity. Low Fees. High volume. Low Risk (comparatively… 358 9 $2.47 USD @edicted/christmas-miracle @edicted 12d 81 LeoFinance LEOFINANCE Christmas Miracle! Christmas Miracle! I'm pleased to report that I've found $8000 lying around that I had completely forgotten about. A little over a year… 557 2 23 $3.35 USD reblogged @meno/now-that-we-are-poor @meno 13d 74 ECONOMY Now that we are poor I keep on seeing posts worried about this whole bear market thing. People who are wondering if they should just sell and quit the game… 182 18 $1.35 USD @edicted/nostr-decentralized-social-media @edicted 13d 81 LeoFinance LEOFINANCE NOSTR Decentralized Social Media A lot of people have been talking about this protocol lately. We at Hive have to ask: is this a good or bad thing for us? Most would… 578 2 21 $4.14 USD @edicted/crab-walk-consolidation @edicted 14d 81 LeoFinance LEOFINANCE Crab Walk Consolidation The Bitcoin market has been one of the most boring sideways crabwalks we've ever experienced. I bet if FTX never collapsed it would have… 364 12 $2.54 USD reblogged @dalz/exploring-the-sustainability-of-the-hbd-interest-rate-in-the-hive-ecosystem-or-realized-and-projected-inflation-from-hbd @dalz 15d (Edited) 77 LeoFinance LEOFINANCE Exploring the Sustainability of the HBD Interest Rate in the Hive Ecosystem | Realized and Projected Inflation From HBD Interest| Dec 2022 While 2022 has been a challenging year for the cryptocurrency industry, HBD has been in a bright spot, especially for users within the… 669 3 44 $7.36 USD @edicted/venus-fly-trap @edicted 15d 81 LeoFinance LEOFINANCE Venus Fly Trap I'm back! Still finding it fairly difficult to write posts during the holidays, even though theoretically it should be pretty easy to… 362 12 $3.00 USD @edicted/learning-about-iraq-from-a-9-year-old @edicted 19d 81 LeoFinance LEOFINANCE Learning about Iraq from a 9 Year Old I watched this YouTube video today with my nephew. Pretty wild eh? This kid is extra. He literally asked me the other day: Want to… 490 3 14 $3.84 USD @edicted/snow-day @edicted 20d 81 LeoFinance LEOFINANCE Snow Day Apparently I'm going to be caught up in a huge snowstorm tomorrow. Didn't realize just recently how big this thing was, as it seems to be… 270 20 $2.30 USD @edicted/news-of-the-day-december-21-2022 @edicted 21d 81 LEO News of the Day December 21, 2022 It's getting pretty late and I don't really have much time to write this, but I thought it would be important to power through some… 295 8 $2.07 USD @edicted/defending-the-quarter @edicted 22d 81 LeoFinance LEOFINANCE Defending The Quarter! Remember when these things were made of silver? When I was a kid I used to think that antique coins got their value from being old and… 593 2 37 $3.95 USD @edicted/died-suddenly @edicted 23d 81 LeoFinance LEOFINANCE Died Suddenly Has anyone seen this 'documentary'? I haven't watched it, and a Google search on it yields the obvious results: But... We… 646 2 29 $4.69 USD https://www.bitcoinmyk.com/activity/p/306/ Thu, 12 Jan 2023 07:52:27 +0000

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Selling the bottom to buy the bottom. So the APY on staking CUB has dropped to a measly 2.3%. I had a million…Read More

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