Wake me up when this is over!
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The FTX saga is an ongoing pain. First how FTX went down like the titanic seems like a tragic movie unfolding infront of our eyes.
The FTX gets hacked
Is there a conspiracy there to get away with any left over users funds ?
Who could tell with certainty except for those behind it.
The collapse has sent out ripples in all directions
The collapse has caused so many coins across board to go down and lose value.
Leveraged players got hit hard
If by any chance you are a leveraged trader then it would have a catastrophic effect on your positions unless you were extra nimble and could gauge and interpret the news real fast.
Hard to say no one made money here
Those who had the courage and insight to short the market are in the money now.
The joke is on us
Today as I write this post I am amused and shocked to see the numbers at coinmarketcap.com website.
Look at FTX, Serum and Solana price movement
What do you make of this ?
Someone manipulating the charts or someone knows some insider info that we do not know yet.
Or would Sam Bankman-Fried appear and say it was all a late Halloween prank and all your funds are SAFU !
Well played Sam Bankman-Fried the crypto markets are spooked like hell !
Wake me up when this is over folks!
This is too painful to see so much manipulation happening.
Yet not so far from all this madness ...
We find members of the leofinance.io community who are often found creating content and researching topics like crypto, blockchain and financial information are celebrating LPUD Leo Power Up Day
LPUD is all about powering up and celebrating
On this day the norm is to power up leo tokens and celebrate
Those who power up with 150 Leo or more enter a draw to win one of the many prizes
The Prizes galore include
Ten random users who participate in LPUD will get one of the next Leo Power delegations for 3 weeks:
5k from @edicted
5k from @leomarkettalk & @taskmaster4450
5k from @anomadsoul
5k from @bitcoinflood
3k from @lbi-token
2k from @steemstreems
2k from @whatsup & @scaredycatguide (1k each)
2k from @mcoinz79
2k from @alexvan
X from @forexbrokr (amount pending)
My favourite prize
For sure I do not get any brownie points for calling this my favorite but the mere though of the juicy prize make me think what I could do being a leo whale for three weeks!
Here is the prize detail.
If you participate in the Leo Power Up Day initiative for three consecutive months - September, October & November - and you don't win any prize on any of these editions, and you made a post about #LPUD each of those months, then you qualify for the Bad Luck Prize by @onealfa, where he will delegate 60,000 LEO tokens for three weeks to on lucky winner!
There will be another Bad Luck Prize of 100 liquid Leo with the same rules as above!
The winners of this contest will be chosen randomly using a provably fair random picker from a pool of users who fulfill all four requirements.
Some rules to participate in LeoPowerUpDay:
Your total Leo Power (on the 15th) must be less than 20k
You must power up at least 150 Leo on November 15.
You must not have powered down Leo since August 15.
Make a post or a #thread on Leo Finance about LPUD, perhaps you'll get a visit from @leo.voter!
The deal is even better for the Leo bravehearts
The folklore is that the Leo's den is under attack from some fire spitting dragons.
Brave leo's who wish to slay these dragons and save the Leo kingdom can power up with 2000+ or 5000+ Leo tokens
As a reward for doing this not only they slay the dragons but are awarded with an Limited edition NFT which would bestow upon them untold benefits (to be revealed later)
Additional rewards this LPUD
If you power up 2,000-4,999 Leo tokens you get a 4k Leo Power delegation from the King of the Jungle for 25 days
If you power up 5,000+ Leo tokens you get a 10k Leo Power delegation for 25 days.
The deadline to complte this activity is 15th November 2022 4pm PST
In case of any confusion check the timer here
https://hivebuzz.me/@thetimetravelerz
Posted Using LeoFinance Beta
A movie has fewer scenes of drama than the entire situation that has triggered the FTX case in the crypto market. Thank you @thetimetravelerz for sharing this type of content.
Yes you are quite right @]alaiza so similar to a movie except for this is painfully real
Congratulations @thetimetravelerz! You received a personal badge!
Thank you for participating in the Leo Power Up day.
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
Awesome post. I've included it in today's Cryptocracy. https://cryptocracy.substack.com/p/web3-wednesday-ftx-inspired-cryptosocial
Posted Using LeoFinance Beta
Hey Thanks for putting my post as part of your featured posts.
Appreciate it
You're welcome. I try to find one good post on Hive each week to include in my newsletter. Yours caught my eye.
This is awesome post,this is opportunity flying all around me ,this one is gone ,I will make sure to be part of the next power up day
Posted Using LeoFinance Beta
Thanks! stay around and watchful and I bet you would catch a few good ones :)