What's New With Hive Jan 14th

in LeoFinance11 months ago

Another week gone by and that means it's time for the weekly recap of "What's New With Hive"

Price action this week was a little on the rough side compared to the overall market. Hive is a weird token that really doesn't follow trends at all and always seems to lag. With all of that price action from spot ETFs on Bitcoin up and down along with Ethereum skyrocketing. Hive pretty much stayed the same. Losing just $0.02 in that time frame but at these prices 2 cents is a pretty high percent.

One could say you might have faired better simply holding hive over buying into some other assets that aggressively sold off last week. That being said hives been a kind of steady pace now for a long while now bouncing around the $0.30 to $0.35 mark. I suspect a lot of this has to do with increased selling pressure and just a massive amount of DHF funds that have been going on.

What's New This Week

Coming Thursday we will finally have a Splinterlands town hall again. This town hall should include the release of a update to the Splinterlands game in terms of airdrop cards for the rebellion set which will be using wagons which need vouchers and rebellion cards staked to take part. That will be a welcomed change of pace around here as the whole land 1.6/2.0 with how much massive amounts of grain there is in surpluses has me getting more worried about another repeat of hyper inflation on Splinterlands again.

Outside of that InLeo has been making small changes. Nothing major has come out of there as they continue to battle with normal issues such as node issues etc. I'm still waiting on LeoAds payouts and still seem to be a big unknown as to when that's going to take place it's now well over three months overdue once again.

Outside of that we have VSC DeFi to hive which is connecting Hive and Bitcoin directly. While I love developments I feel like this is just going to open up a door way of exit of hive into BTC and not the other way around of BTC into hive. There simply is far more demand of BTC than hive in my opinion.

Goals

Right now my primary goal for this week is to get a hive-engine node up and running. I want to start with hive-engine first to get a feel for things and back into some really old school command lines which I was once great at 10 years ago. However all this new tech plug and play has really got me off my game in terms of command level interfaces.

Once the hive-engine node is up and running and I'm feeling good about it that's when I'll start expanding and get a hive node up and running. I don't expect to be in the to 20 witnesses by any means but if I can get in the top 80 or even 50 that would be awesome and a huge accomplishment.

Outside of that we have our common goals of which I hit one of them which I consider a bit on the smaller side reached.

1,000,000 SIM in a liquidity pool or held (most is in a liquidity pool) this now opens up the SIM game to be a little more fun in terms of rewards.

Primary goals right now are to hit...
150,000 $LEO
150,000 $HIVE
1,000,000 $SPS

Overall though I want to hit a million dollars on the hive blockchain. I actully don't think that's going to be all that hard to do this year with some really big focused energy.

What are you goals with hive?

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Your goals in Hive are awesome! My goal is to reach 15,000 HIVEs this year. Do you think there might be a possibility of still purchasing HIVE at $0.30?

You are right, the HIVE token never follows the trend of other tokens....
You have set some great goals for HIVE, LEO and SPS and I wish you to achieve them all.
If you become a witness I will gladly support you ;)
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