Daily Crypto Markets Live Blog: Ronaldo And Binance Teaming Up On NFTs (06/23/22)

4d
LeoFinance
1 Min Read
153 words

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

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REMINDER!!!

Get all those #CANDIES. Try to make it on the top.

That is where the top porn stars try to be.

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I got 100 today. Top of the mountain.

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I'm there too :)

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I'm on top today. I got my 100 candies :)

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Enjoy the view from up there because tomorrow, we'll be down below, lol!

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Yes, I am enjoying the view right now. Keep climbing again tomorrow. LOL

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Good! The climb will be great :) Cheers!

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There is no problem after forgetting, when we forget, it goes to the bottom again.

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Yes, but forgetting keeps us out of momentum, lol!

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Yay! Made it on the mountain top!

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I got me 20 candies today

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Congratulations :) Enjoy the climb in the #candies mountain ;)

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Expecting 60 in a few hours, got 40 candies yesterday.

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Star soccer (futbol) player Renaldo and Binance are now joining forces.

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4d (edited)

This is really good news. Cristiano Ronaldo has a lot of fans around the world. This can significantly increase participation in the NFT market. I'm looking forward to his NFTs.

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Lol, for real?

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The NFT market is a field of alligators.

Until they start getting some serious utility other than just riding the names of celebrities, we are not going to see much there.

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You are right. Frankly, I don't pay much interest to non-gaming NFTs. Because I see it as a market that needs more development. It's a smart move to attract more people by attracting famous people to this market.

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That's a true shot taking off the head in truth.

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A related one from today for the Aussie crowd:

Cameron Munster says: “I’m in the NFT space as owner of Dead Diamond Society – we’re already doing really great things for things for the community – and The Ultimate Queenslander NFT with the greats will also assist our grassroots community across the state.”

I'm not saying that Munster didn't say this (lololol) but I think there's a misunderstanding here about what "the community" is.

It should be made clear that rich people buying NFTs from rich professional athletes will not help the wider grassroots community in any way shape or form.

Just saying...

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They already have the money and would only commit to actions of making more.

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Oh I know a couple of guys who will definitely buy them

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While uncertainty continues in the markets, liquidity problems arise. We have to be careful. I don't know about these platforms but I expect such issues.

There seem to be problems with Three Arrows Capital, Celsius and CoinFLEX.

CoinFLEX halts withdrawals amid 'extreme market conditions'

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These are quite common symptoms in a bear market. Halting withdrawal, limiting it in certain cases, etc, and even by some reputed exchanges are the hallmarks of the bear cycle.

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Frankly, it is a good choice to stop withdrawals for a certain period of time, rather than collapse due to liquidity problems. But the longer this period goes on, the bigger the problem becomes. Surviving in a bear market is difficult.

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Freedom of contract is the basic tenets of Blockchain and decentralization. The exchanges; the exchanges should always uphold the primacy of the procedure without being influenced by the market situation(or manipulation). Otherwise, we are no different from the traditional market.

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I completely agree.

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It is also common in an immature market.

This is why we need to build a lot more depth with all that we are doing.

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Oh, hopefully this is just temporary.

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I hope it's temporary. But there are too many projects that will not survive the bear market.

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That's right, only the strong ones will survive this. Just remembered I have a few dollars in Coinflex, lol!

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I think they said it will be back to normal on Monday, I hope there is no delay.

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And that we shall see :) Thank you

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Liquidity is one of the basic tenets of a monetary system and its different components. We also have sophistication and depth. Without those, challenges will arise.

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Will this adoption soon take place?

Perhaps as Latinos' relationship with cryptocurrencies deepens, the more Central and Latin American countries like Mexico, Paraguay or Venezuela will adopt cryptocurrencies or even recognize them as an official means of payment on par with national currencies.

Source

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I think it will happen, yes. The article doesn´t mention it, but I believe that Uruguay will have an important role on adoption in Latin America

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Thanks for sharing an insightful article.

!hivebits

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You're welcome!

I'm glad you found it useful

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According to my friend Eli, there are merchants in Venezuela that are already accepting crypto payments (coffee shops etc) and BinancePay is also being used as a means of direct payment in their country.

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Another clueless but confident billionaire. Source

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Is the increasing interest of academic institutions to provide education about cryptocurrencies good for the industry? Source

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I think it is good, I wonder though how it is done. But the more people learning about crypto, the better :)

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I also share the same idea, but I am thinking of possible setbacks if such a task will fall into the hands of a theoretician without firsthand experience.

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It depends on who is providing the crypto education. If it's being offered at a traditional "institution of higher learning" and offered as a course with credits (even as an elective), I would pass on it; it shouldn't take an entire semester to learn all you need to learn.

If it's being offered as a training program separate and apart from the college or university, it's worth considering. The teacher or instructor also needs to be someone who started with nothing or nearly nothing, succeeded, taught others how to succeed, and then did that repeatedly.

While it's true we can use open source educational resources to learn for free, sometimes concepts we need to learn remain fuzzy for us. This is when we need the structure of a classroom environment (even without the classroom itself).

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Nice thoughts!

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I think it can be. One issue I see is that the academy usually has a hard time keeping up with current technology.

I remember when I was in university I had a class that was about technologies to monitor and control industrial processes and most of the things that I learned in that class were outdated and not actually used by industries any longer.

Crypto is an early-stage, fast-paced industry so it's bound to a lot of change in short periods of time so I don't know how relevant the classes would be beyond the basic concepts of crypto.

But still, it can be a good way to promote awarness

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I am also thinking how about if that academic institution is funded by the government and its real agenda isn't about education but about control and regulation?

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Yes, that can happen.

I went to a government-funded university and fortunately, it had a high level of autonomy and the faculty was willing to challenge the government whenever they felt it was necessary but I know that is not always the case

But what you said can be true even for private institutions. They also have their own agenda.

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A very appropriate quote to describe the industry:

It’s a whole new frontier, and technology is always leaping years ahead of the law. . .

Source

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Nancy Wolff is right, at least she recognizes the fact that technology is evolving a lot faster than regulations or laws :)

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Top Line Comment Banner for LeoFinance at https://leofinance.io

The streak is over.

Somewhere along the line this week I lost track of the post counts. As a result, one of the days has just a few thousand more posts while another day seems to have too many posts.

On the bright side, it's a counting stat, so by its nature the post total will always rise.

It will be interesting to see how the numbers (all approximations based on screen captures and timing) vary on a day by day basis as well as 7-day moving averages.

I want to take the data I have and make a post showing how the first posts of the 2nd 100M posts were registered. This will take me a while. I also need to get through a backlog of posts I have to free up time for new posts after that.

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What will be really interesting is when the bull returns to see how things rise.

Also, depending upon how projectblank is set up, that could see the numbers skyrocket.

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The Fed will have to reverse by the end of third quarter.

This is a bit long but a very good video.

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I'm looking for a good place to delegate some hive for yield. Any suggestions on where would be appreciated!

Thanks in advance.

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I'm personally delegating my HIVE to leo.voter.

It pays out 16% (daily payments) in LEO.

Which is liquid enough that you can easily sell into HIVE each day/week whatever.

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Thanks Dane!

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I like this PR move by Binance, going for the top 1 sportsman. He has a very large amount of following so it's just perfect.

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