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Daily Crypto Markets Live Blog: Bitcoin To $20K (05/21/22) by leomarkettalk

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hive-167922 · @leomarkettalk ·
$25.47
Daily Crypto Markets Live Blog: Bitcoin To $20K (05/21/22)
<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.

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Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@leomarkettalk/daily-crypto-markets-live-blog-bitcoin-to-usd20k-05-21-22)
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@ifarmgirl · 
Is anyone here on Listnerds who can enlighten me on the downvoting system there? 

Can members there just downvote a "mail" without any reason and even if it's not spammy? Thank you :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-leomarkettalk-6u4a4x)
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@jfang003 · 
I would not really worry about downvotes and I don't think anyone maliciously downvotes unless they think your mail is spam. While some people might not be interested in your post, I don't think they will do so unless it's the same every time and they tend to be welcoming towards hive posts.

I highly suggest you wait till 1k or 1.5k MAIL tokens to send out mail so you have a good chance of getting your mail verified.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-ifarmgirl-2nymuv)
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@ifarmgirl · 
Thank you for that :) I did have a downvote on my very first mail so I hope to not experience it again in the future. And yes, I only sent one when I had 1.5k MAIL. 

And question please, if for instance I mail out one today, does it run for 7 days before it disappears in the "inbox" of members who haven't opened it or just run for a day? Thank you :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-jfang003-5swikd)
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@littlebee4 · 
I got my last one downvoted… and it wasn’t spam. It sent them to a quality post on Hive. 

Not sure either.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@littlebee4/re-ifarmgirl-53ceae)
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@ifarmgirl · 
Oh... so it just happens. I was kinda worried I broke something, lol! But perhaps some just didn't like to see our mails, haha. I have not come across any of your mails yet :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-littlebee4-y2kzg)
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@taskmaster4450le · 
People downvote for many reasons.  There is no limit or penalty to the individual doing it.  Ignore it. 

The only issue is if it prevents you from getting to your 20.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-littlebee4-tgvjp)
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@jfang003 · 
It looks like HiveSQL went below the stabilizer support in the proposals so [amr's tool](https://hivelayers-stats.herokuapp.com/) doesn't work. It's too bad that happens but it's not the first time it has happened. I hope it does get back the funding soon enough so people can just the server without paying for it.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-leomarkettalk-449skt)
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@marvinix · 
I hope so too.  That's sad to hear.  Amr has done a great deal of work here, sadly he's not around here these days. Idk what could've caused his disappearance.  

He sure would've done something to get it back up.  



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@marvinix/re-jfang003-3anbyw)
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@jfang003 · 
I think he is still around but he doesn't really post much on Hive. I heard his name was brought up a few times when it came to the Brofund projects.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-marvinix-5xmnuy)
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@magnacarta ·
$0.02
He had offline matters to tend to which had higher priority, and that's what he's been doing since.  I hope he's OK, too.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-marvinix-6yvfyt)
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@l337m45732 · 
Park funds in the PHBD-USDC pool and be happen regardless of which way the market goes. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@l337m45732/re-leomarkettalk-5ua7fa)
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@dwayne16 · 
that pool is great but most of my stuff is in hbd saving and i feel comfortable with that

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-l337m45732-3f3acf)
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@finguru · 
NFA but a piece of life advice. 😎

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-l337m45732-3gv64s)
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@ifarmgirl · 
That's good. I did a small one in that pool :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-l337m45732-2hjmac)
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@jfang003 · 
I prefer the Hive Savings because it's easier and I don't have to worry about PolyCUB prices. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-l337m45732-7n44td)
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@littlebee4 · 
What is the best way @jfang003 to buy some HBD at the moment? Thinking of adding to it… 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@littlebee4/re-jfang003-fqqqk)
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@taskmaster4450le · 
@leomarkettalk is supporting that each week.  We have a power down going on that ends up being converted to HBD and put into the pool.

We are helping to grow it also.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-l337m45732-b2xwf)
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@magnacarta · 
<center>
[![Top Line Comment Banner for LeoFinance at https://leofinance.io](https://images.ecency.com/p/3jpR3paJ37V8XPrHkfZdMt57jY6pRt6zEt5iRJV9pyjKWG43g4F8xFRzwPCvC62WeRW4QkXUzJpFVmaD2obMFGZTDbduQYL1cpYy654W9hug5mqNDWgeYbo8HJ95dSfepXMg2.png)](https://leofinance.io)
</center>

> Search 100,847,493 posts

<center>
[![Search 100,847,493 posts](https://images.ecency.com/DQmYhGk44sLUxqVaY6tF3admPWoshTrQByExMfymYTAnp7e/202205212012_100847493.png)<br /><sup><br />*Click the image for a full-size view*</sup>](https://images.ecency.com/DQmYhGk44sLUxqVaY6tF3admPWoshTrQByExMfymYTAnp7e/202205212012_100847493.png)
</center>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-leomarkettalk-5ewlwh)
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@taskmaster4450le · 
Gaining on it.  Imagine if everyone increased their comments by a factor or 3.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-magnacarta-66qdrn)
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@jfang003 · 
I don't know if I can even succeed on that. Are you planning on putting out 200+ comment days again?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-3cfw4n)
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@magnacarta · 
I'm increasing my engagement by going to other posts made at LeoFinance as well as by picking other communities here and there where my followers happen to be.  It's been working out well so far.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-taskmaster4450le-2gmhhm)
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@magnacarta · 
I an do that, but not within the context of the September 2021 10K Comment Challenge.  I fell into so many bad habits I'm still trying to figure out recover my progress from before.

Like CUB, I'm in drydock for retrofits and upgrades, only for me its for engagement.  Unlike for CUB, my retrofits and upgrades won't take as long.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-taskmaster4450le-2iyone)
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@milaan · 
Bitcoin to 20k is inevitable. Technically, any congestion in the downward trend often pull it to the demand zone, therefore at some point, the congestion of the range from 27k to 42k is likely to break and plunge to as low as 20-21k.

If we analyze the price action and the contemporary pattern it is more or less following the trend of the traditional market. Considering a solid upward trend of USD in 2022, BTC is likely to remain subdued for the remainder of 2022.

A daily and weekly close below 27k, will intensify the drop toward 20-21k where it may likely consolidate for the next long-term bull cycle. That will also be the ideal area to fill your bag.  BTC always gives ample time to enter and HODL, we just need to identify the cycle top and bottom. 

Note- This is not financial advice.
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@pizzabot · (edited)
RE: Daily Crypto Markets Live Blog: Bitcoin To $20K (05/21/22)
<center>PIZZA! PIZZA! 


PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
rzc24-nftbbg tipped marvinix (x1)
@marvinix<sub>(2/5)</sub> tipped @rzc24-nftbbg (x1)


<sub>Please <a href="https://vote.hive.uno/@pizza.witness">vote for pizza.witness</a>!</sub></center>
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@rzc24-nftbbg · 
Wow! [What a comparison to Bretton Woods?!!!](https://bitcoinmagazine.com/culture/el-salvador-brought-44-countries-to-bitcoin)

Of course, there is a big difference. The host and the status of the participating countries.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-leomarkettalk-23shce)
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@taskmaster4450le · 
And within 20 years, Bretton Woods was dead on its feet.

Hopefully this will have a longer life span although it really doesnt matter.  The idea that countries are running this show is laughable.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rzc24-nftbbg-5a2f8q)
πŸ‘  
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@rzc24-nftbbg · 
Isn't running such a show the reason why these leaders are in the top positions in the financial institutions of their respective countries? πŸ˜†
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@rzc24-nftbbg · 
Here comes Gates again saying that BTC ["provides no valuable output and therefore does not add to society."](https://bitcoinmagazine.com/markets/bill-gates-says-bitcoin-does-not-benefit-society)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-leomarkettalk-4cpmac)
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@jfang003 · 
Considering that it's Bill Gates, I am not really surprised. He doesn't really know much about BTC and I feel that his expertise isn't in that anyways.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-rzc24-nftbbg-4mzqjx)
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@rzc24-nftbbg · 
Just like some of the Austrian economists I read. I thought they knew the thing they criticized and that's why I believed them for so long.
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@magnacarta · 
The cynical view is that he's trying to get BTC to drop in price so that he can scoop it up at a discount.

Another view is that BTC is a threat to whatever plans he has.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-rzc24-nftbbg-3ekfdj)
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@rzc24-nftbbg · 
The second view is more likely. The first view, I think that's the typical strategy in traditional finance some perhaps would want to continue in cryptocurrency.
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@marvinix · 
I guess he values a centralized system of the past than what the world is currently heading toward which is "Decentralization of the financial & social world*. 


More reason why he's dropping down in the billionaire list. He should learn fro musk.  Lol

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@marvinix/re-rzc24-nftbbg-3btfzt)
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@magnacarta ·
$0.02
He's always been a fan of centralized control, especially if it means his products are used to make that possible.  Whenever he gives a description of the future of technology, he speaks in terms of his own products and investments.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-marvinix-3hwzpn)
πŸ‘  ,
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@rzc24-nftbbg · 
It appears like a double talk to me. Though it's good if it's really true that Gates likes BTC's technological innovation as a digital currency, however, as you said, he has a different idea of value derived from a centralized authority, which is the exact polar opposite of the very reason why bitcoin exists.
πŸ‘  
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@taskmaster4450le · 
He is not far off with Bitcoin other than monetary sovereignty which is a big deal.  However, the use cases for Bitcoin is rather limited when you think about it.

However, focusing upon Bitcoin is misleading.  They need to look at the digital asset space.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rzc24-nftbbg-4gwmja)
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@taskmaster4450le · 
Is there going to be a Bitcoin run or is the bear going to prevail?

My guess is we see low 20s before a reversal.  We could go sideways for a while.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-3k2xpq)
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@dagger212 · 
I think we see a push one way or the other and then it reverses to do the opposite.  One last shakeout of margin.  If it jumps to $33k, then I think it will drop to $25k.  If it just drops to $27k I think it runs back over $35k.  Just my thoughts on it.  I've obviously been wrong many times before...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dagger212/re-taskmaster4450le-3omwam)
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@ifarmgirl · 
Glad to read your thoughts on how you see BTC to go. We shall see how it behaves as the days pass on.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-dagger212-2phl95)
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@dwayne16 · 
20k btc will be good in way for us to accumulate more and  have packing some fiat together to buy at low price.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-taskmaster4450le-unfdg)
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@ifarmgirl · 
All the more reason to prep some liquid so if that happens, we have something to purchase a bit of satoshis or others to our liking.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-69ze6a)
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@jfang003 · 
I am thinking we will hit the low 20s as well to make people capitulate out of BTC. Shake out all the weak hands and the economic situation doesn't look that good.

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@marvinix · 
Its very much possible at this point, to see it at low 20s.  

A good entry point for some people(holders), FUD in the mind of many weak hands.   *It'll  be nice to watch how things unfolds, this coming week*  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@marvinix/re-taskmaster4450le-5mhzew)
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@whatsup · 
It looks ready to break, but I just can't decide which way it is going.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-taskmaster4450le-6ei4fb)
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@taskmaster4450le · 
### REMINDER!!!

Head over to the #CANDIE-rama and fill those jars.  It is the season when the are ripe.

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@ifarmgirl · 
I was late today but candies are safe. Thanks as always

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@jfang003 · 
Thanks for the reminder. I guess we got a new tag for candies?

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@ifarmgirl · 
Hahaha, that's what I thought :) And I wondered what inspired it :)

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@littlebee4 · 
Just got them… 10 for me yay… πŸŽ‰πŸ₯³

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@marvinix · 
Its day 2 for me, got 20 candy.  Thanks for the reminder.  *I would've  missed it if not for the reminder*

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@taskmaster4450le · 
24 HR volume on the internal exchange is at $90K.

That is decent volume.  It seems to have doubled in the last month or so.  More people are evidently active with it.

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@jfang003 · 
I have a feeling that it is arbitrage because the peg has been broken a few times for a while.

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@taskmaster4450le ·
$0.18
For anyone interested, I am still buying POLYCUB each day and staking it to xPOLYCUB.

Not financial advice but it is what I am doing.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leomarkettalk-y1gs5)
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@cervantes420 · 
I love that you included that you're also staking.  This isn't rug pull type of advice,  polycub is a hodl.
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@ifarmgirl ·
$0.02
I believe so too. The people behind it are proven builders (as I've read here).

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-cervantes420-fzhyq)
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vote details (2)
@jfang003 ·
$0.02
I don't have much in PolyCUB but I plan on HODLing my polycub from the airdrop and one of my monthly adds.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-cervantes420-6wtetn)
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vote details (2)
@taskmaster4450le · 
I HODL and keep adding.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-cervantes420-4qvphq)
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@dagger212 ·
$0.05
I can't do it daily but I continue to pick up a little here and there.  It's hard.  There's so much on sale.  I'd love to buy CUB, LEO, PolyCUB, BTC, HBD, HIVE, even some ETH at these prices.  Not enough fiat to go around.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dagger212/re-taskmaster4450le-2awvrx)
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vote details (1)
@finguru · 
Same. Hard to choose which one! Everything seems to be on sale right now. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-dagger212-4f4kmj)
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@magnacarta ·
$0.02
ATL for CUB had been reached 9 days ago.  CUB price has stabilized around USD 0.045 in recent days, especially after Khal himself provided a status on the project.  Now that we know that CUB is in drydock, the fire sale will continue for a while.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-dagger212-2wa238)
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vote details (2)
@taskmaster4450le · 
That is true.  After the major pullback, it is a good time to load up.

Hard to know which ones to go after.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-dagger212-2lvzx6)
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@dwayne16 · 
i still believe in polycub too and ever since I stake my polycub into xpolycub I have not even checked it. it is time i add a little bit of polycub

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-taskmaster4450le-3yxjym)
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@ifarmgirl · 
Thank you for sharing. Obviously we can't do it daily like you do but will add up every little bit we can.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ifarmgirl/re-taskmaster4450le-2kfdxw)
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@jfang003 · 
I haven't really bothered touching Defi but I have to weigh my options for my monthly Defi add. I am unsure if it will be on CUB or PolyCUB yet though

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-49ndnu)
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@rzc24-nftbbg · 
If I have the fund, I will do the same. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rzc24-nftbbg/re-taskmaster4450le-2dxtiv)
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