Not Too Boring Yet? * My Hive Goals (Week 33, 2022)

This week we've seen some price action that made people hope bitcoin might break through that 25k resistance. It looks like it didn't, and to me it makes sense. Bitcoin is now moving in a range, from 20k to 25k. How long will that last? I don't know, but if we look at the history, we see this, on a log scale:

There's always been a sideway move after the brutal bear market crash, and it lasts months. The first one lasted 8 months. The one after the previous bear market lasted 3 months, but after a pump in price followed over a year of relative sideways movement compared to bitcoin's overall volatility (which included the crash from March 20th, 2020, and the quick recovery).

Mid-September will be when 3 months would have passed since the current bear market's crash stopped. I don't see any indication that the economic conditions would suggest a pump like the one in mid-2019 would follow. But you never know with markets.

The last part of a bear market is often boring in terms of price action. That's when many people who resisted through the crash lose hope, especially if they have a loss, on paper.

Unlike bitcoin, HIVE is... entertaining. Koreans put on a regular show either for HIVE or for HBD (for switch they take a fee, i.e. profit, but so do others). This week was HBD's turn to get pumped (and dumped on). I wasn't in good shape on Friday, so I missed this boat. But I'm betting the Koreans will run this show again. I wonder if they sell tickets.

But that's actually a side-show. Because the main show is on Hive and everything you can do with HIVE and the 2nd layer tokens in the ecosystem.

Splinterlands is on the verge of revolutionizing the world of stablecoins. DEC is about to become a product-backed stablecoin. Here's the post which announces the introduction of SPS rewards for ranked battles.

HIVE Power Goal

I added 200 HP this month, a round number, although unintentionally.

Next week I'll pass the 18k HIVE Power threshold, which is nice, but the EoY goal is still far.

LEO Staked

This week I only added the 500 LEO to my stake from the LPUD. The rest I kept liquid to add next week, to not distort the weekly average needed too much. That's 1969 LEO more than when I start tracking this goal, 9 weeks ago.

127 LEO per week are currently needed to complete this goal by the year-end. Looks like this goal will be accomplished without further external pushes, which is good. I have my HP goal which needs a lot of focus.

Splintershards (SPS) Staked Goal - Completed

The SPS staking goal is COMPLETED!

Announcements from the team made me realize the more SPS the better, even above my goal. So I stopped using it to buy CL cards.

I won't stake it though (for now), it's in the diesel pools.

Maxing Chaos Legion Set*

^{*) or reaching the limit beyond which I consider upgrading a card not profitable}

The overall situation, to better gauge my progress, because I still need to push hard on this goal:

Total CL Cards (incl. reward)	Maxed or Limit	Percent
132	65	49.24%

Total CL Cards (excl. reward)	Maxed or Limit	Percent
99	44	44.44%

I did significant progress on this goal this week. Looks like I have almost half of my CL cards maxed or almost maxed (including reward cards).

I'm still opening packs as I earn more alchemy and legendary potions.

I maxed Grum Flameblade this week. Even if the bonus compared to level 3 isn't fantastic, I use it relatively often when the ruleset is favorable, and I wanted the edge advantage.

I decided to not max Legionnaire Alvar, and instead cap it at level 3/4. I consider it reached that level, although technically I still need one or two BCX and the rest are on the rental market. Maybe I'm lucky to find them in the packs, I'm not in a hurry, I don't use this card often.

Three other legendary cards I consider maxed out:

• Void Dragon
• Desert Dragon
• Zylax Vuul (initially I wanted to cap it at level 3, but it was pretty cheap for a legendary card and I decided to max it)

Legendary Summoners	Maxed
1	1

Rare Summoners	Maxed
6	6

Common Monsters	Maxed	Reached Max Desired Level
29	10	1+? (9 under consideration)

Rare Monsters	Maxed	Reached Max Desired Level
23	7	? (2 under consideration)

Epic Monsters	Maxed	Reached Max Desired Level
17	5	? (2 under consideration)

Legendary Monsters	Maxed	Reached Max Desired Level
23	12	2+? (2 more under consideration)

CL Reward Cards	Maxed	Reached Max Desired Level
21+12	21+0	0

Social Targets

I started the week with 9395 comments and 9842 replies.

And now I am at 9491 comments and 9952 replies. They are both above my targets of 81 comments and 76 replies weekly to reach 10k of each by the year's end, which is good!

Posted Using LeoFinance ^Beta