So the big news is already out by now and everyone kinda knows that Binance has listed HIVE ! They really took their time didn’t they.
Was it due to pure pressure as HIVE was already in the top 50 crypto coins and they still didn’t want to list ? That would have angered the entire crypto community once again for being bias to listing HIVE.
As we know, HIVE had experienced a new All Time High (ATH) of about $0.97 over the past few days and with the listing on Binance ….. well .. here is the price now.
I guess that since Binance has listed HIVE, the airdrop which was promised to all STEEM stakeholders on Binance would have been distributed and of course …. a deliberate dump of HIVE on Binance and a few other exchanges.
The Question ?
Would HIVE be able to retain value and not get back to where it was as in the teens ?
Would STEEM start pumping to supersede HIVE’s price ?
Since HIVE is now listed in more mainstream exchanges, we may see a significant dip in the price as those who had bought STEEM on purpose to gain on the HIVE airdrops would start selling it out to the open market.
We may see an increase in STEEM price futher as JS and team starts recovering his “investments” by selling the HIVE which he has received from his “not so hidden” and start to shill STEEM once more … if he still has any interest there.
Communities would only get stronger on HIVE and hopefully with collaboration with entities like Huobi, the roll-out of SMT could actually boost the value of HIVE and we would see a more sustainable rise in price.
**just my own opinions and is not any sort of investment advise.
Its been several months since I started using TokenSet to see if its able to safely trade for me. Here is just my results using tokenset ETH/BTC RSI Ratio Trading Set.
How this set works is that it trades between ETH and wBTC based on criteria set which is
RSI level is more or equal to 70 to convert to ETH
RSI level is below 30 it converts to BTC
min rebalancing intervals of 1 day
Each time the criteria is met, the smart contract would automatically do the trade for you.
This SET performance
Now this is not the highest performance set at the moment however being that its only trading between wBTC & ETH, it has so far gain pretty ok.
Here is a quick chart on how it looks like at the moment.
The last rebalancing was on the 13th March 2020. Meaning to say that it converted from ETH to wBTC at that time. From then on, you can see the green line, that is where the SET’s roi is. Its roughly about almost 10%.
Because its ETH / wBTC pairs, I do not really look at the dollar value as that would be a totally different pairing. This SET is more of a conservative trade where the accumulation of ETH via trading wBTC.
How to start using TOKENSET
Now if you are interested in a conservative way to just park and let the smart contract do all the trade for you. TokenSet is a great DeFi app which you can use.
What you would need is only your MetaMask wallet. Every set has a different price and you do not need to buy 1 whole set to get started. You can even buy 0.1 of a SET.
This would be great for just trying and parking some of your ETH which you don’t intend to use for awhile. Do remember that TOKENSETS is not meant to be a short term investment, its more of a long term conservative approach.
I do suggest you give it a go as you are able to sell the sets at any given time. There is no lock in period and its all automated.
Also do remember that this is crypto trading and there is always risks involved. There is no guarantee if you would be earning however it does help you trade strictly via technical indicators therefore its great for beginners as you do not need to know much about trading but just the basic fundamentals.
Since a lot of countries has begun enforcing lockdown in their own respective country and most of it is compliant by the residence, however we are unable to accurately track if people are adhering to the order by the nation’s government.
Google somehow is able to track all of those information as a large number of the population is using a handphone with some Google services installed in it.
Google has launched its new “reporting site” where you are able to download data which has been tracked by google in terms of how much changes there are of people’s movement in places like Retails, parks or even transportation stations
Its more of a summary and changes over the past 2 months of data collected. For example here is Malaysia’s reports where you see a huge change in percentage of people visiting Retail and recreation sites.
Just by seeing the reports you are able to tell that there is a big impact on retail and recreation, however there are still individuals chilling out at the parks and also people are still going to do their groceries however the number is less most likely due to Malaysia Movement Order (MCO) only allows 1 person per family to go out to get the essential items.
Comparing to Indonesia
You can see that Indonesia has seen drops only just lately however they have not been on full lockdown yet as the population is just immense and trying to take immediate drastic action could cause a nationwide panic.
Have to remember that there is 300 million population in Indonesia and just Jakarta alone there is about 33million which is about the same size of Malaysia entire population
How to access this data
Everyone is able to get hold of this data and download it just by visiting this website
At this point of time, these are really interesting data to see how the people from other countries are reacting to the covid-19 “social distancing”.
However there are some concerns as well, as Google has shown its colors on just how much data they are collecting and is able to showcase it. I would guess that the accuracy of data would be pretty high as almost everyone carries a smartphone these days with some google services.
It was just 3 weeks ago where I woke up one morning getting ready to send my kids to school and thought it was going to be just an ordinary day.
After having breakfast and drove my kids to school, my phone’s DND turned off and as I was driving back home I started to get a few notifications on my phone.
As I got back and sat in front of my PC, I checked all my phone messages and this was one of the many similar messages I received.
I was pretty much shocked as to why I was receiving this message as I surely didn’t get online nor did any task online for anything at 7am in the morning .
There were a number of Microsoft Accounts which I have and I started to be very suspicions of this activity leading me to start trying to login to all my email accounts of importance.
All was able to login except for 1 of my account. A very old account which I created more then 15 years ago. I have not logged into this account for awhile however I still remembered my password as I’ve not changed it for a long time.
Seeing that I was unable to login, I quickly did a reset and true enough, each time I reset it required a authentication code which showed similar message as above.
By now, I’ve got 2 scenarios in which I was thinking off.
My email is hacked and password was compromised
My phone SIM card is cloned thus getting weird messages
To eliminate one of the possibilities, I quickly head off to the telco and got my SIM CARD change. While doing that … I then realized my FB could not login and few other stuff I was unable to login.
Things was getting extremly critical at this point and I was in a mere panic state
So ok .. taking things I knew I had to take drastic measures. As all I could do not is the most obvious thing.
LOGIN EVERY ACCOUNT I HAD AND CHANGED PASSWORD !
I quickly did all of those … login to my main emails and change password. Then login to my social media like FB and change password … loging to all my crypto related exchanges and change password.
However while I was doing all of that, it seem that my main email accounts ( none microsoft ) keeps resetting itself again.
What I did next closed the leak
Keeping a clear head was the main thing, as I was already in a state of panic .. so thinking back, my old email account ( HOTMAIL from microsoft )
I had to recover that and after I got a new SIMCARD and then change the password on that.
I also enabled secondary verification by phone. Lucky I had 2 phones
Once I did that I checked all the security login logs. It looks something like this.
One of it was successful as I went thru the logs and it was connected from CANADA. Unfortunatly I don’t have the screen shot here.
Now once I cleared that, added security, it was time to change once more all my other accounts password once more.
This time, all my passwords remained changed and didn’t reset itself. By then a few accounts were unable to be access already as it was changed to a unknown password, however I manage to recover it.
How they managed to gain access and hack my accounts !
This is just a rough indication on how they were able to access a lot of my stuff because I didn’t pay attention to my recovery email which I’ve not login for the longest time since I do not use it much anymore.
For those of you who do not know what IMAP is , its basically a way to syncronize your emails thru 3rd party apps for example if you are using iPhone and wanted IOS to manage your mails, you would use the IMAP function to sync it.
Apparently that this IMAP sync hack has been around for awhile and Microsoft is aware about it. Its not really a security flaw, however its more of a feature, which of course can be abused if somehow your username and password has been compromised.
What I learn from this
Secure the email which you use as a recovery email and don’t use that email at all if possible to signup for anything online
ALWAYS enable secondary authentication like 2FA
Manage your password well and try not to use the same password in all your site. Even though I do have a standard password which I use for dodgy sites however you can’t be too careful as even the best companies in the world are not spared from hackers trying to gain access to their databases.
Frequently check and verify your security logins on all your main accounts.
I do hope that you would not go thru this experience as I did, it really wasted a lot of time and I felt disgusted at the fact that someone had breached my privacy.
I did suffer some losses, this was purely because I so happened to be awake at the time of the hack. Its indeed an experience which I don’t wish any of you to partake in.
Cheers and hope my sharing will be able to help you guys to start securing your accounts more.
It was just a few days ago where a news article came out stating that a lot of farmers from Cameron Highlands had to dump tons and tons of fresh vegetable because they were unable to deliver it to the cities. This was mainly because of the Malaysian Movement Control Order (MCO) as moving within states has been restricted.
It wasn’t only the fresh vegetables that was effected, however it was also fish and meat as most of these items were brought in from other states into the city.
After seeing the news, LAZADA which is one of the largest online eCommerce stores in Malaysia step in to connect these farmers / fishermen and also meat vendors directly to the consumer.
LAZADA had both the logistic capabilities and also the reach to a large part of the consumers in Malaysia as its been around for a number of years now.
I was truly impressed by the speed on how fast LAZADA managed to get these stores up and running. In less then 1 week, the stores opened up today. Instead of selling each vegetable individually, LAZADA has also created “pakages” like if you wanted to cook Prawn Noodles, you could just buy a pack with all the required ingredients.
Even the stores were up for the fisherman. However for now, you could only buy a box filled with fresh seafood at a very reasonable price. Even though the deliveries would take a few days however it was assured that it would be fresh !
You could even start getting fresh meat from the marketplace on LAZADA which i guess it just gave the hypermarket a huge competition.
I was checking out the prices on all the items which are on LAZADA fresh markets, then comparing it to the hypermarkets. It surely is competitive and some are even cheaper. The big plus point is that its delivered to your doorsteps.
I would guess that by the time things start getting back to normal and the Movement Control Order is lifted, a large part of the population would be so used on getting their daily needs online therefore the markets and malls would need to really think of new ways to get and retain their customers.
Today, I really needed to go grab some groceries as we were running low of some fresh meat and other stuff back at home. So I slapped on the mask and off I went to the grocery store.
I went to one which was not too crowded and even though the price was a little bit higher, however, I could get everything I wanted in 1 location.
Before getting into the hypermart, I had to stand in queue for like 30 mins as they would only allow a maximum of 30 people in the hypermart, I was there early, however, the line was already building up.
While waiting in line there was a man in front of me who was exchanging voice notes with his wife over the Whatsapp and she was literally telling him what to buy and stuff like that. I couldn’t help noticing that he kept checking his wallet to see how much he has in it. And in one of his voice message, he said to his wife “Lets not buy it this week … my salary is not in yet, let’s try to get it next week”
After he said that, there was silence and a few mins later an acknowledgement of “ok” was heard.
The Financial Challenge
For a lot of people being able to survive for a 1 – 2 months in a state where you most likely unable to get any work done is not great but still bearable. However, as we go forward into the 3rd – 5th month we would really start to see the strain on it because we may never know if we would still have a job once this dreadful virus has gone.
Read an interesting article about how the virus has impacted the SMEs in China and I would believe that a lot of the challenges which is faced in China would be almost the same everywhere else.
Over here in Malaysia, a stimulus package by the government has been presented just 2 days ago. It sounds really amazing as the government is planning to cough up 250 billion into it. Some say it’s like an airdrop.
It was met with a lot of scepticism as the stimulus package is focus towards the individuals and not towards the Small-Medium Businesses. And with that amount of money pump into the package, a lot of questions came about to where is the money coming from.
Everyone didn’t forget that Malaysia has a 1 trillion dollar debt which was created by the previous administration and the scandals around the infamous 1MDB
With Stocks falling to its bottom and our currency which is being devalued day by day, the future in Malaysia looks very uncertain.
It was only 2 weeks ago, Malaysia started the Movement Control Order and that was the time where people started to panic buy carting away trolleys filled to the brink with items which they may or may not need.
However today, it was pretty clear that the panic buying has subsided and people started buying only the things out of necessity. This could most likely be the cause of realization that we need to be diligent with our spending as we may have to survive for another few months before businesses can commence once more.
By then it would literally be the survival of the fittest as I do foresee that a lot of companies would be going thru bankruptcy.
At times like these when we are all spending a lot of our time at home due to the Covid-19. Its best that we start to explore some areas where we could most possibly earn a bit of income thru online resources.
Coingecko has just released a new ONLINE eBook where you get to learn a lot of cool stuff about DeFi.
What on earth is DEFI ?
If you have not heard about what DEFI is, it stands for Decentralize Finance, its redefining Finance in a more decentralized manner. What DeFi developers has done is to create financial tools and services to be able to help and benefit you in a decentralize way.
Some of the content of this book as snapshot of the topics below.
With this book you would be able to grasp the idea of what DeFi is and also how you can get involved in it. One of my favourite topics is of course about Syntheticx.
What are Synthetixs ? In a quick explaination, you get to trade Forex pairs, and even commodity pairs XAU ( gold ) and XAG ( silver ) assets in a decentralized way.
Being a fully decentralize platform, you are not even required to do the KYC ( at the moment ) and you can get up and running within minutes.
Where to download this book ?
This book is distributed by Coingecko for FREE! Yeap … 100% free with no marketing pitch or any other nonsense like that.
It makes it a great read during these times and you are just 2 clicks away from getting it. You can grab your download link here.
If you can’t go to Starbucks … then bring the Starbucks home ! Got myself a Stabucks mug and started making my coffee and working on my computer. Why not eh … at least it almost feels like Starbucks.
There were 106 new Covid-19 cases today here in Malaysia however we have 24 who have recovered !!! I live in the state which has the highest infected at the moment with about 381 in treatment.
All information above was taken from https://outbreak.my
As a daily routine, the first thing I would do after getting up is to check the news and also the price of all the cryptos I’m currently holding, hoping not to see a further crash.
There are a few news sites which I frequently visit however I do checkout on the community FaceBook Group which has all the crypto enthusiast here in Malaysia where you get “curated” news about stuff happening in the Blockchain space. I guess thats better then reading up on all the different stuff out there.
There is so many news covering Covid-19 out there and there just don’t seem to be much good news going around. The best news however today was that crime rate in Malaysia has gone down to almost 0 !
Another day .. wishing for better days to come ! Cheers all and stay safe !
We are going to host another Online Meetup talking about the state of things and crypto related stuff … most likely touching a bit about HIVE and the communities.
Its going to be done tonite at 9pm Malaysia/Singapore time and our previous videos seems like we managed to get about 300 views on it. Hahah … the power of social media.
All these talks would be stream directly to FB live in TeamMalaysia’s Facebook group so anyone can just watch , participate, listen or even chat there.
I try to do it every 2 days .. however lets see how things progress. We gotta start somewhere ! Here is the ZOOM invite if you wanna just join in for the fun of it, you gotta tolerate with our Malaysian slang when coming in .. its meant to be just lively conversations and nothing too serious.