Thanks for joining me for another episode of @HiveCoffee , the show where I drink coffee and stream live, while curating content on LeoFinance. I am searching for excellent guests who want to talk about all the things that excite them about the Blockchain based web3 platform we call Hive. This is the decentralized data layer we need now more than ever!

(Coffee pouring intro video Broll by Videezy! artist: auimalagaz)

Lets talk about this chart!

Hive is on an absolute tear! Don't sell, at these prices BUY ALL YOU CAN!

The last time Hive went over 0.15 was when it launched back in April, it hit about 0.29 before dropping off, then at the beginning of May hit 0.91 US.

We already have a $ 1 Hive- STOP SELLING FOR SO LITTLE BITCOIN!

Do you have enough Hive? How much Hive Power do you want? 100? 500? 5000?
Once Hive crosses the fifty cent mark, we are starting to talk about real money.

When STEEM went on it's 2018 run it hit over $8.19, and then promptly sold off.
What conditions were there at the time that caused this dramatic increase in price?
Users who were able to sell the token did, causing the price to fall to $1.44 by April.
Volume was 88 million in January 2nd, and just 1 million on April 1st 2018.

What can we learn from the past? What conditions are there currently that suggest either favorable results in the future or at least not detrimental effects?

Daily volume has increased from $4 million on Jan 27, to over $16 million today.
According to the latest stats from Hive account@penguinpablo
--> Here that since the 5th of Feb;

Hive is up 667 posts per day from two weeks ago, to 17,321.
There are 10,567 accounts transacting daily, up 280.
There were 637 more posts and comments, 4,289.
We are up to 195 new accounts (yesterday) up 15.3% from 169.

Again thank you to Hive account@penguinpablo who posts these daily statistics under #HIVESTATS

All these things are good for Hive.

The largest transfers yesterday were from the Binance hotwallet, massive amounts of Hive being transferred to the exchange. There was a deficit of -135,454 leaving Hive a few days ago, but every day since we have had a surplus of Hive returning to the platform. Today a whopping -120,636 more HIVE is being powered down than powered up.

I hope you all participate in the POWER UP DAY challenge; on the first of every month please power up at least 11 Hive to earn the Power Up Day badge.

Also this is a good time to remind you about this weeks giveaway!

Half the LEO rewards from the LEOball will be paid out to 1 random qualifier who; comments #LEOball on this post, and on the LEOball for a second entry. The other Half of the LEO payout will roll over to the next LEOball. Qualified names will be put on the wheel!

Current LEOball reward: Approx 12.17 LEO / 2 = 6.085*

*Estimated payout, final amount may differ.
You can share the curation payout just by voting!

LEO is $0.695 (2.99 HIVE)

And by STAKING your LEO you will increase your LEO POWER or LP.
When using the LeoFinance.io wallet you will see your LEO balance first.
You may have liquid LEO tokens in your wallet, and can easily stake them.
As with Hive there is a powerdown schedule and you will have to wait 6 days to begin unstaking part of your Leo Power, but you can easily power it up again instantly.

By staking your LEO you will also gain the ability to distribute LEO tokens with your vote when using the LeoFinance interface. I didn't know about this until last week, and now I want to let you know. We are here using this great platform, and I appreciate all the people who give me awesome feedback. I appreciate your upvotes, and your comments.

Over my first week of using LeoFinance I have been fortunate to discover quite a few incredible projects that I didn't know about before, but I am still digging deep to understand what the LeoFinance community is doing. There are some updates coming, some big projects being worked on, but already they have created a community token and are generating incredibly esteem worthy content! This week I was sent this fantastic list,

What can I post on LeoFinance?

Crypto
Bitcoin
Hive
DeFi
Stock Market
Technical Analysis
Economics
Tokenomics
Fundamental Analysis
Research Reports on Stocks/Cryptocurrencies
Videos About Crypto
Videos About Equities
Crypto Podcasts
Financial Tutorials

https://leopedia.io/faq/#what-kind-of-content-can-i-post-on-leofinance

As I continue to reach out to users;

I do appreciate your feedback as to what I should cover in future episodes. If you have a critique please leave a comment before downvoting, I will strive to create quality content that is going to add value to the platform and attract new users to what is going on here on the decentralized web. If there is a project or a token you would like me to look at, please drop it in the comments. I will probably upvote your comment if I like it.

Let's create an environment that is supportive and encouraging, and cheer on each other's success as much as we can. Not everyone has the answers, no one has them all. Together we have a chance to achieve something even more important, than earning rewards or being the 'right' one. I believe it comes down to something that Dan Larimer talks about in his book "More Equal Animals". True Democracy. What is it?

This is what I really want to talk about this week, on the HiveCoffee show, the philosophy of Hive... what is our philosophy? I think we can all agree that "decentralization" is important, and "censorship resistance" is important. The more important one, that we should begin talking about, is consensus. I will leave you with a quote, just a short one, from Dan's book.

"At a global scale, an individual has almost no power
and has no escape in the event of a dispute over his
individual rights. It is for this reason that any democratic
system of government must protect the ability of individuals
to cooperate to reach a new consensus."
-- Dan Larimer, More Equal Animals

Is Hive an exercise in True Democracy? That seems to me what we are doing.

-- @HiveCoffee

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