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Daily Crypto Markets Live Blog: Bitcoin On A Run (05/16/22) by leomarkettalk

View this thread on: hive.blogpeakd.comecency.com
· @leomarkettalk ·
$25.12
Daily Crypto Markets Live Blog: Bitcoin On A Run (05/16/22)
<center>![image.png](https://images.hive.blog/DQmNPN3SFg9Qg6raardsaB8pzRE91HcVHqzkRQ2emQE4SzA/image.png)</center>

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.

<center><h2>Stay Informed About LEO!</h2></center>

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Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@leomarkettalk/daily-crypto-markets-live-blog-bitcoin-on-a-run-05-16-22)
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vote details (322)
@ekotmordemy ·
This is indeed a great one, i will say. the addition is a nice one in addition to the pool, in love what am seeing and i desire to get to that point of maximizing these great opportunity 


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ekotmordemy/re-leomarkettalk-71n22h)
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@magnacarta ·
$0.05
<center>
[![Top Line Comment Banner for LeoFinance at https://leofinance.io](https://images.ecency.com/p/3jpR3paJ37V8XPrHkfZdMt57jY6pRt6zEt5iRJV9pyjKWG43g4F8xFRzwPCvC62WeRW4QkXUzJpFVmaD2obMFGZTDbduQYL1cpYy654W9hug5mqNDWgeYbo8HJ95dSfepXMg2.png)](https://leofinance.io)
</center>

> Search 100,715,886 posts

<center>
[![Search 100,715,886 posts](https://images.ecency.com/DQmfVcrYjnp9jQmo2kBDwTVXw8fxh1mirKPwKB1phuNmYDX/202205161957_100715886.png)<br /><sup><br />*Click the image for a full-size view*</sup>](https://images.ecency.com/DQmfVcrYjnp9jQmo2kBDwTVXw8fxh1mirKPwKB1phuNmYDX/202205161957_100715886.png)
</center>

The quoted number is greater than what it should be due to the time I began working on the screen capture.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-leomarkettalk-6w5ckz)
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vote details (1)
@taskmaster4450le ·
Closing in on it.  Keep those comments coming people.  We have under 300K more to do to reach the next million milestone.

We should be doing that a week on Leofinance.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-magnacarta-5w7unr)
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@magnacarta ·
$0.05
I have enough stats to begin a more detailed report.  The report will need a chart or two, and I'll be making those the old-fashioned way (with Excel).  There should be ways to access the relevant numbers from Hive itself, but I don't know how to connect to Hive to make those queries and reports.
👍  
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@pizzabot ·
<center>PIZZA! 


PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
@solymi<sub>(1/5)</sub> tipped @leomarkettalk (x1)


<sub>Learn more at https://hive.pizza.</sub></center>
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@rzc24-nftbbg ·
If the recent decision of the UK court recognizing [NFT as the private property](https://cointelegraph.com/news/uk-court-recognizes-nfts-as-private-property-what-now) will be used as legal precedent, what consequences do you foresee for the entire crypto space?  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-leomarkettalk-31dtkj)
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@rzc24-nftbbg ·
What do you think of this technical analyst's insinuation for [ETH to go down to the $1,500.00 level?](https://cointelegraph.com/news/ethereum-in-danger-of-25-crash-as-eth-price-forms-classic-bearish-technical-pattern) 


 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-leomarkettalk-3nydn6)
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@ifarmgirl ·
$0.02
Oh gosh, I haven't read it. I gotta go see first, lol!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-rzc24-nftbbg-2gfuoh)
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@rzc24-nftbbg ·
😂 I like it when technical analysts are making price forecasts. Usually, what happens is the exact opposite. 😆 
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@ifarmgirl ·
$0.02
I hope it won't go down there, but there's nothing we can do if it does. Hodling my little share of it :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-rzc24-nftbbg-75pevu)
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@rzc24-nftbbg ·
Wishing that he's mistaken. 😄
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@rzc24-nftbbg ·
$0.05
This is exactly what I intend to do in the coming months, develop a module about blockchain technology and cryptocurrency.

Speaking of solving the accessibility barrier: 

"The ultimate goal is for blockchain technology to be embedded within applications to the point where users don’t even need to know that they are on-chain. When our applications are as intuitive and understandable as the traditional financial tools that users have downloaded by the millions, we will see an increase in users like never before." [Source](https://cointelegraph.com/news/accessibility-is-the-main-barrier-to-crypto-adoption-here-are-the-solutions)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-leomarkettalk-4ouegk)
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vote details (1)
@solymi ·
$0.02
I really can't wait for this to become reality. Hope I will still live to witness this.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@solymi/re-rzc24-nftbbg-63ji86)
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@rzc24-nftbbg ·
$0.02
Why not? As I know crypto enthusiasts live longer than those who are not. 😂

!gif lol
👍  ,
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vote details (2)
@taskmaster4450le ·
That is very true.  We cannot help but to move towards ease of use as more entrepreneurs get involved.  They understand what is needed for mainstream adoption.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rzc24-nftbbg-5jmx6z)
👍  
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@rzc24-nftbbg ·
Hoping to see such development months or a year from now. 

!CTP

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@rzc24-nftbbg ·
$0.19
Wow! What a praise was given to BTC by bitcoin realists:

"Realists see that because Bitcoin has proven itself to be resilient throughout multiple crises and because it is truly decentralized and beyond the reach of any single government’s control, it is different from its contenders." [Source](https://cointelegraph.com/news/the-meaningful-shift-from-bitcoin-maximalism-to-bitcoin-realism)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-leomarkettalk-67udbd)
👍  , ,
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vote details (3)
@ifarmgirl ·
$0.02
That's a wow indeed! Finally!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-rzc24-nftbbg-3nhwnm)
👍  ,
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vote details (2)
@jfang003 ·
$0.02
I think that is a fact after seeing all the cycles BTC has gone through. It just doesn't make sense but old guys like Buffet will continue to bash it.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-rzc24-nftbbg-3awwnl)
👍  ,
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@rzc24-nftbbg ·
By the way, that BTC quality mentioned in the article is something that Hive also shares. 
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@solymi ·
I have been a bit absent since I got married on Friday, but it was a blast to witness how good HBD performed through the big crash last week. The TERRA/LUNA fiasco or Terrasco was amazing to witness from the outside, I hope not too many CUBS did take a hit. Once again I am happy that most of my investments are within the LEO and HIVE economy. Of course our tokens also took a hit, but as I wrote last week: Bear markets are for building.
!PIZZA

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@solymi/re-leomarkettalk-2cjh3t)
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@dwayne16 ·
Bear market are for building because there is alot of opportunity in this market 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-solymi-4zye9e)
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@forexbrokr ·
Congrats!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-solymi-2ohgp)
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@solymi ·
thanks
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@ifarmgirl ·
It's okay to be absent because it was your special day. And yes, HBD weathered the storm beautifully. There were a few people here that I've read who got hit with the Terrasco but they took it in a stride, a learning curve, an expensive tuition as Finguru said it in his post.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-solymi-5rqwzx)
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@solymi ·
that is indeed a quite expensive tuition fee.
!LOLZ
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@magnacarta ·
Congratulations on the big day!  Now to get back to focusing on building that retirement plan or education fund for the little ones!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-solymi-75dhkw)
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@taskmaster4450le ·
### REMINDER!!!

#Candie-Time kids.  I know the sugar rush is peaking.  Time to sate it.

Head over to the honeypot and fill your jars.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-3xnllj)
👍  
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@ifarmgirl ·
Thank you! Candies snagged and are on the jars and the diamonds too!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-6dsbhx)
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@taskmaster4450le ·
Diamonds are a girls best friend but candies cannot be resisted.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-ifarmgirl-55dxvn)
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@jfang003 ·
I got my 10 candies for the day because I collected 100 yesterday.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-3ptzdn)
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@ifarmgirl ·
That's awesome! The cycle goes on until the candies run out, if ever, lol!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-jfang003-zymmw)
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@taskmaster4450le ·
That is truly amazing.

I bet you did both claims with an incredible amount of style.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jfang003-34pjuv)
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@littlebee4 ·
Stayed up for it… to collect the candies 💃🏻💃🏻🥳🥳🎉🎉 lol 😉 or didn’t I… 

Night night all 👋🏻

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@littlebee4/re-taskmaster4450le-7tpawz)
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@ifarmgirl ·
Hahaha! Those candies are addicting! Now you can go for a snooze :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-littlebee4-5qsdgx)
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@taskmaster4450le ·
Sleep well now that your belly is fully of the sweet nectar of the Candie Gods.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-littlebee4-4lnta3)
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@solymi ·
Claimed, but it seems I missed a day. Starting over, meh.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@solymi/re-taskmaster4450le-2qtkas)
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@taskmaster4450le ·
Shame on you.

I know the feeling.  I often do the post and fail to collect.

Slap we twice and call me Shirley.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-solymi-74hfay)
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@taskmaster4450le ·
$0.15
Here was a very nice entry into the pHBD liquidity pool.

![phbd.png](https://images.hive.blog/DQmPYVivYawDrXe8Zi1keyr7A9FCQ8mEgru3AmWSpMXi2qu/phbd.png)

Additions like that will add up quickly over time.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-4f6e4d)
👍  , , ,
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vote details (4)
@dagger212 ·
$0.05
I've been slowly adding HBD to savings for the time being but I plan to start adding more to the LP over the summer.  It would be nice if we could get a summer rally so some of the positions we all own could be converted at better levels.

I think it's pretty amazing these things have done as well as they have considering the markets.  Hopefully we continue to see it drip in.  The bigger it gets, the bigger the people who want in become...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dagger212/re-taskmaster4450le-2dx1gv)
👍  ,
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vote details (2)
@taskmaster4450le ·
I agree.  @leomarkettalk is added each week.  I am going to add a bit more to the pHIVE-POLYCUB pool here soon.  Get that one going a bit more.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-dagger212-3kshzb)
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@dwayne16 ·
Wow that's is nice amount of hbd, I have been adding hbd too into saving for now and the returns has been great

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-taskmaster4450le-rmgho)
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@forexbrokr ·
Nice stalk ;) 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-taskmaster4450le-6eehfp)
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@ifarmgirl ·
Oh great! That is so awesome!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-nkogg)
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@taskmaster4450le ·
It helps.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-ifarmgirl-6zwtw2)
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@jfang003 ·
That is an amazing amount of HBD. Did he get it off the internal market?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-61bpfw)
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@taskmaster4450le ·
No clue.  I havent spoken to Neal.  Maybe he will mention it on the next AMA.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jfang003-debb9)
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@solymi ·
This is indeeda nice addition to the pool. I wish I could throw around numbers like these. I know I will have to put in a ton of work to get there, but the opportunity is there. I will get there if I stay in the game.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@solymi/re-taskmaster4450le-56f65j)
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@taskmaster4450le ·
Bitcoin crossed $31K.  It seems like the blood ended, at least temporarily.

We will see if it holds or the carnage continues.  A bump on the weekends often is common.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-4smhpj)
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@dwayne16 ·
I don't believe the carnage as ended oo, the market is back to 29k now

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-taskmaster4450le-2bvamf)
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@ifarmgirl ·
I hope it continues to go a lot greener but we'll see. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-5vuiju)
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@jerrythefarmer ·
$0.05
Off to a bad start at the moment but I still think we need to reclaim $33k before things can stabilize. The chart is really ugly.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jerrythefarmer/re-taskmaster4450le-3azzsr)
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vote details (2)
@forexbrokr ·
I knew you wouldn't be able to stay away for long ;) 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-jerrythefarmer-73m6tw)
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@taskmaster4450le ·
Crypto is ugly right now.  The equities markets arent looking very friendly either.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jerrythefarmer-2zbg7n)
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@jfang003 ·
It's nice to see it move back up but I wonder how things will play out this week. For some reason, I think we will still head lower.

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@solymi ·
I have some buy orders set on 27k down to 25k I will leave those activated. While I was typing this I killed a spider crawling out of my keyboard. Juck

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@taskmaster4450le ·
Fairly aggressive and a smart way to play it.  If the market pulls back in a big way, it is to your benefit.

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@taskmaster4450le ·
The innovation keeps coming.  This is an interesting path to follow.  Using algae to generate power for small CPUs like in  IoT.

* [Arm CPU ran on electricity generated by algae for over six months](https://www.theregister.com/2022/05/16/arm_runs_on_algae_electricity/)

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@taskmaster4450le ·
Lumber is an ugly chart about to get uglier.

We see how it was down more than 8% on Friday.  On Monday, the new contract (July) takes over as May 15th closed the last one.  This is in the mid $700s.

https://tradingeconomics.com/commodity/lumber

Think of what happens when traders see that at the open.

It will be painful.

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@ifarmgirl ·
Oh, the chart is not a pretty sight indeed. It's interesting to watch how it would go from there.

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@taskmaster4450le ·
Just like it was mentioned in another comment. Lumber opened up today way down.

It was a new contract, July now, and it was trading lower than May.

https://tradingeconomics.com/commodity/lumber

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@taskmaster4450le ·
Is this a statement by the markets about the view on housing?

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@taskmaster4450le ·
The 10Y is backing off its highs.  Is it gearing up for another run higher?

https://www.cnbc.com/quotes/US10Y

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