Ah one month down in the new year already how crazy is that how time seems to just go flying by. With that it's time to get into what's new on the hive blockchain and what we have been seeing so far. Now the start of the year is always slow and normally there's no real big updates until Feb starts to roll around as many people take extended holidays or just start getting back into the grove of what they were working on before.
As always let's first take a look at the price action of hive and boy it's not looking great.
Hive is once again on the struggle bus. In just a week it's gone from around $0.41 a token to just $0.36 which is actully a very high percent change of 12.2% decrease for the week that's huge!
Within a months time we have gone from a high of $0.65 all the way back down to where we were a month ago... yeah legit no change!
My hopes are some of these projects start to catch on and revenue is built. In fact if we get enough clarity from government I may even start my own token that generates wealth I've been iffy on doing it though because of all the legal BS that goes with it that would most likely cost me MORE money to make sure I'm operating within the bounds which are still not clear then what the token would even make and that's where the big issue comes with crypto is. It costs more money to try and protect your ass from getting sued from the government then the profits your token/business generate. But apparently rug pulls are just fine lol. I mean honestly they are not illegal if you don't pitch it as an investment and just some fun token.
Still lots of development going on with no launches. The only real launch that I started to get involved with would be a little passive one called Crownrend Idk why but I love these little browser based games on hive and they are honestly so bear bones basic lol
Goals
$HIVE
Goal: 300,000 Current: 125,323
Week over week we added another 326 hive that was powered up which is down. This down trend is most likely because of the higher hive price last week compared to now as it has this rolling style of 7 day cycles it likes to do. More HBD but less Hive as the hive price goes up (or at least that's what it feels like) That being said that's under 50 a day coming in at 46.57 hive per day which really sets us away from that 100 hive a day at least minimum I want to get at.
It's really just going to come down to stacking 300,000 hive before I see those numbers so that's the new goal! At this rate it would take about 8 more years to get there so some actions are going to have to go into play here and hopefully some better author rewards would be nice being I've been blogging on here nearly daily for 8 years and supporting projects.
$HBD
HBD is growing but again not a primary focus. Sure I'd love to be at lazy panda levels but the chances of that happening are pretty slim. Instead I'd just like to focus on growing it enough that it generates a good 25HBD or so per day.
$LEO
I started doing some delegation to LEO again but a very small amount. However it honestly feels like every move LEO has done for the last two years has always ended up negative which is REALLY starting to make me question it. This platform needs to figure its shit out and start building token value. We have had failed project after failed project that came out of LEO including the recent MAYA, thorchain mess we are in right now that has done nothing for the token price. It's legit only fallen and fallen more which makes no sense when you look at the numbers they say they are producing. LEO you gotta buck up and start doing things to help this token price. I hate to say it but someone has to and don't you dare say it's up to the user. You have to build the systems.
Splinterlands
Two more plots of land will be coming online in just four days and with that I'll most likely be opening up another 1-3 of them pushing us closer and closer to getting all 142 plots of land opened up and working. Right now my focus was to clear out one of the few lakes I have to generate the grain I'm going to need for my workers working on other plots.
Now I'm not so sure I understand why I need wood, iron and stone along with grain for my lands come land 1.75 for SPS and research being that there are no buildings but hey whatever I guess. At least land is getting some work done to it finally.
Posted Using INLEO
A sober take on LEO and I agree. The team should also look and take care of the token price. I pointed out some abusive activities by multi-accounts/bots who farm upvotes like this one.
https://peakd.com/@janinaa/wallet
Posted once, collected LEO tokens, sold and transferred to alt accounts who also posted once in threads.
!BBH
The recent decline in the value of Hive is really not encouraging, still boils down to us doing our best to preach Hive as a gospel and onboard newbies
Cheers