Bulls, Bitcoin Spot ETFs and Bitcoin Halving * My Hive Goals (Week 42 2023)

This is a short sum-up table with the state of my goals in easier TLDR form. The table has only a general overview, with details expanded in the post.

Current State/Other Selection Criterion	Goals Matching the Criterion
Ongoing	5 (HP + HBD Savings, LEO Staked, Comments Made, DEC Saved 2 - Stage 2, Cards for Staking on Land - Stage 2)
Main Goals Completed	0
Main Goals Missed	0
Completed Goals	4 (DEC-B Saved, DEC Saving 2 - Stage 1, Cards for Staking on Land - Stage 1 & 1.5)
Missed Goals	1 (DEC Saved 2 - Stage 3)
Main goals	3 (HP + HBD Savings, LEO Staked, Comments Made)
Goals	2 (Cards for Staking on Land, DEC Saved 2)
New Goals	2 (Cards for Staking on Land, DEC Saved 2)
Increased Goals	3 (HBD target for HP+HBD Main Goal - twice, DEC-B Saved)
Decreased Goals	2 (Comments Made, Cards for Staking on Land - Stage 1)
Goals: Pushed Deadlines Further	2 (DEC Saved 2 - Stages 2 & 3)

I include a link to the initial goal-setting post for 2023, for reference, if needed.

Bulls woke up and started to push bears into hibernation. With bitcoin over 30k more than once in a short time and attempting to break the last big hurdle at 31k before we can declare the first hyped-up phase of the bull market started, we can feel the FOMO sentiment returning, something we haven't had in a long time.

Did I anticipate this? Not until I saw the SEC backing off... twice from legal actions, after a series of losses in court.

Somehow this price action is highly linked with the anticipation of the SEC approving at least one bitcoin spot ETF. I doubt they would say no - they pretty much have only one way to move with these applications, and that is forward (not that I like a bunch of more suits from Wall Street taking more pieces of the crypto space, and we loving to give it to them) - but can you imagine what a chaos it would be in the market in the eventuality of a no?

Somehow at this point I feel approving these bitcoin spot ETFs matter more for the market than the bitcoin halving. And that is justified because, like it or not, bitcoin spot ETFs should mean more demand for bitcoin, while technically, a halving means less security for the bitcoin chain, because the miners are less incentivized to keep the chain secured (unless the transfer fees skyrocket, and I expect they will).

Let's see what has changed since last week regarding my Hive goals.

HIVE Power (HP) + HBD in Savings Main Goal

My HP+HBD in savings goal, and especially my ability to keep the 1000 HIVE powerups on HPUDs may be influenced indirectly by a delegation to the HoloZing game (and stopping the power down from the posting account). I have the HIVE for November, but December will be a big problem. However, that shouldn't affect the total HP growth, just the HPUD powerup. I have a different plan for that next year anyway...

My staked HIVE reached 35,745 HP this week. I am on target with the PUM challenge for October. I now have 200 HBD in savings, a little more than last week.

Here's what the evolution of the HP+HBD goal looks like (unless we have some price recovery by the end of the year, chances are to miss this main goal):

Here's where I'd add some information regarding the amount of HBD/HIVE per week I'd need until the end of the year, but given the recent evolution listing this makes absolutely no sense.

LEO Staked Main Goal

I staked another 200 LEO this week - over 84 LEO purchased - and reached 20,500 LP. My powerup from this week exactly as needed to achieve my year-end target.

I currently need to stake 200 LEO weekly (same as last week) to reach the target by the year-end.

Splinterlands Land Expansion Main Focus

Land expansion's main focus extends throughout 2023. Unless I change the strategy, it will be the only main focus / main goal for Splinterlands in 2023. But there will be several 1-3 months goals.

First Land-Related Goal: DEC/DEC-B Saved - Completed

This goal is COMPLETED.

Deadline (passed): When DEC-B offer runs out, either because all were sold out or because the time limit was reached (April 9th).

Target to consider the goal completed: 1.5 mil. DEC-B saved. Done!

DEC Saved 2 Goal - Stage 1 Completed

[COMPLETED] Deadline stage 1: June
Deadline stage 2: extended to the end of 2023 from the launch of Land 1.5
Deadline stage 3: Postponed to 2024 (considered missed for 2023)

Target to consider the goal completed:

• stage 1: 1.2m DEC (COMPLETED)
• stage 2: 2.2 DEC (1m additional DEC)
• stage 3: 5 DEC (2.8m additional DEC)

Current situation: 1.2m DEC (liquid) + 228k DEC (liquid) = 1.448m DEC.

Note: DEC in SPS-DEC diesel pool wasn't a good decision. Decided to eat the frog and withdraw the liquidity and keep it as liquid DEC. Still keeping HIVE-DEC, but that has a different purpose anyway (normally shouldn't be used for Land).

New Land-Related Goal: Cards for Staking on Land Stage 2 Completed

^{The purpose of this goal is to build the amount of high PP cards I need for staking on my tract.}

^{We will need to fill 5 slots per plot with staked cards, without requiring summoners (that doesn't mean they can't be used as regular cards).}

So, what are the details of this goal?

Deadline:

• [COMPLETED] Stage 1: June 2023
• [COMPLETED] Stage 1.5: August/whenever Land 1.5 is launched
• Stage 2: End of 2023? (this will be a new goal)

The total number of maxed-level* cards needed for staking on land: 500 (5 x 100).

• stage 1: need 120 cards for land by the deadline (decreased from 220) COMPLETED
• stretch goal: have optimized cards for 24 plots COMPLETED
• stage 1.5: need 220 cards for land by the deadline COMPLETED
• stage 2: have 500 cards for land
• stretch goal: have optimized cards for 44 plots

(*) any card with at least 1000 PP suitable for the terrain types I own will do (better for better plots); doesn't have to be maxed; temporarily lowered the minimum to 800 PP. Will reduce it further for the initial stages of the gameplay of land.

Current situation total: 144 / 500 (28%), but counted at least 220

Current situation stage 2: 26 / 500

Time remaining until Stage 2 deadline: ?

Note: Mainly waiting for Land with this goal.

Comments Made

Original goal: 18k, REDUCED to 17k, by the end of 2023.

I started this week with a total of 16183 comments made.

Ended the week with 16267 comments made, which brings the number of my comments during this week to 84, which is above my needed weekly average.

I now need an average of 74 comments weekly to reach the goal of 17k.

Weekly Buy - LEO

I continued my weekly LEO purchases this week (over 84 LEO purchased compared to 80 the week before). I'll keep doing that until I believe I am out of the woods with my LEO Power yearly main goal or until the price of LEO pumps and it doesn't make sense to buy anymore.

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