Threadcast link:
@khaleelkazi/re-leothreads-341faq98l
Link to recording: https://twitter.com/i/spaces/1ypKdknZmzyxW?s=20
Speakers
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Abstract
The speakers provided a detailed analysis of the cryptocurrency market, with particular focus on Bitcoin crossing the $50k mark and Ethereum's long-term potential, especially regarding ETFs. They discussed updates within the Leo ecosystem, including advancements with Leo Node and half SQL integration, tier system for Leo Premium subscribers, and the potential of Leo AI in promoting content. They addressed the Hive SQL outage, proposed a secondary Leo node to decentralize infrastructure, and concluded by encouraging users to support Leo for the top 20 Hive witness positions.
Highlights:
- Bitcoin's rise past $50k and market dynamics.
- Ethereum's speculated ETF potential.
- Leo Node's recent enhancements.
- Leo Premium's growth and target to reach 1,000 subscribers.
- Importance of decentralization and secondary node proposal.
Outline
- 00:09:31 Discussion on current crypto market and Bitcoin's performance.
- 00:10:02 View on Bitcoin breaking 50k and market strategies.
- 00:14:14 Analysis of ETF influence on Bitcoin and crypto market trends.
- 00:17:13 Ethereum's future prospects with potential ETFs discussed.
- 00:35:11 Exciting growth with Leo Premium and future target goals.
- 00:39:42 Probable feature addition to Leo Premium involving Leo AI.
- 00:57:12 Hive SQL outage and the Leo Node's response with half SQL.
Summary
In the discussion the speakers covered significant ground on the topic of market conditions, particularly Bitcoin's performance, the impact of ETFs and broader market dynamics. They analyzed the recent Bitcoin rally past $50k and the possible reasons behind it, including activities around the Super Bowl and societal distractions. There was a clear focus on the potential pullback due to overbought conditions and the role of technical indicators in market prediction.
Speaker 2 provided insights on Bitcoin’s achievement and shared his experience of discussing market trends with fellow investors. He emphasized the strategic significance of Ethereum in the context of potential future ETFs and recommended stacking Ethereum.
Leo Ecosystem Updates
The speakers also touched upon updates in the Leo ecosystem, particularly Leo Node's integration of Hive SQL and the innovative uses of Leo AI. There was an emphasis on scalability improvements, revenue models like Leo Ads and Leo Premium, and the newly introduced tier system for delegators. They also highlighted the user growth, with the aim to reach 1,000 premium subscribers and expanding Leo's infrastructure for wider accessibility.
Leo Premium and Leo AI
Discussions on Leo AI involved its potential to promote user-created content by providing targeted recommendations based on content relevance. There are plans to further integrate long-form posts with thread feeds using Leo AI, making the platform more dynamic and beneficial for content creators.
Concerns and Solutions
Concerns about the Hive SQL outage were addressed, underscoring its critical role in various Hive apps and services. The speakers discussed strategies for a secondary Leo node, which would serve as an open API to strengthen the infrastructure and decentralize reliance on a single node like Hive SQL.
Conclusion
In conclusion, the speakers welcomed user questions and feedback and proposed enhancements to the UI and systems integral for the growth of the Leo and wider Hive ecosystems. They also urged users to push Leo into the top 20 Hive witness spots.