We have had some amazing sunrises here in Michigan lately, so I have been trying to capture some of them on my way in to work. Luckily, this early in the morning the roads aren't quite so busy, so I have actually had the chance to stop and take some photos. I'll share some of them with you today as I have been in some of my previous posts.
I've been thinking a lot about HIVE lately. As I see one after another project collapse, close, or crumble, it's getting harder and harder to see a light at the end of the tunnel. I've made a point of saying in the past that I am here for the long haul, and I'll still be here even when/if HIVE hits zero. That still holds true, but in the past, it was more of just one of those things you say, while now it is starting to feel more like a reality.
There was a really good discussion the other day about how HIVE could go to $.01 and people were talking about how that's not a big deal because it will go back up. What if it doesn't though? It's starting to feel like $.04 to $.06 is the new home, which wouldn't bode to well for $.01.
I pointed out that hope is a dangerous thing and it would almost be worse for HIVE to drop to $.01 than to just hit zero and allow us to move on with our lives. The sad thing is, there is still so much potential at HIVE. If you take away the blogging, the games, the investment projects, and all the other stuff, you are still left with one of the fastest, cheapest, most easy to use (?) blockchains out there.
There is a lot to love here, and I still don't plan on going anywhere, but I'd be lying if I said I wasn't worried. It's not surprising to hear about a project closing up shop on HIVE anymore. These days the sentiment is more like "I can't say that I blame you". In fact, when asked my opinion, I usually say "sure, shut it down". It's a few less pennies I have to track and then we can focus on just HIVE.
Which is so sad on so many levels, but it's where we are right now.
I see a lot of people are still holding out hope for the CLARITY act, but I've even become a bit jaded about that. I think even if it does eventually pass, it will be far less friendly towards crypto than we were hoping. Plus, it feels like it might be a case of too little, too late. I hope I am wrong, but I don't see it ushering in much of anything for us.
Which has prompted me to focus more of my investments lately on tokens like BTC and ETH. I don't plan on liquidating my alts (especially at these prices), but any new investments I make will likely be isolated to those four or five core tokens like BTC, ETH, BNB, SOL, or USDC. Even the small portion of HIVE that I hold back and don't power up each week will probably eventually be moved into BTC. It kind of feels like a steal at $60K right now.
As I was saying though, the closer that price gets to zero, the more I start to think about what life might look like after dedicating close to a decade to this platform. I'd probably take a lot less pictures. Definitely less pictures of my food... Hopefully though I'd still explore the world around me with the same idea of sharing it with people who have never seen it before. I might have to take up journaling again, and I'd likely still hang around in Discord talking to people from all over the world as long as they stick around too.
Of course, none of that really matters as long as the servers keep spinning. As long as we have the witnesses committed to the blockchain, it doesn't really matter what the price is. As long as there are 30 (or so) of us holding on.
My buddy and I were talking about precious metals the other day and I mentioned how I had been stacking for a while now. He was expressing an interest in picking up some pieces, so I gave him my referral code to KZoo Bullion which is a local business near where we live. Apparently, they have shut down their storefront and only do business online now. I also pointed him towards the APMEX site and he let me know last night that he had picked up some pieces to give to his sons. Very cool! We might have a new stacker on our hands folks!
I'm still sitting at number 84 on the SPS node validators list. If you have SPS staked and you have an extra vote, could you please consider throwing it my way. I'd love to move a bit higher up in the rankings. I don't play as much as I used to, but I still hold a fair number of assets in the game and I still participate in guild brawls as much as I can. I'd love to see Splinterlands return to its former glory one day.
Finally, as I mentioned before, I have finally started to embrace the simplicity and reduced stress of just investing in Bitcoin. I can't help but think if I had just done that from the get go I would be in a much better place now. GoMining is one avenue I have been using to do that. They recently introduced 12 Watt miners to their lineup which increases efficiency and reduces upkeep costs for the end users. It's definitely a long play, but if one day I can sell my miner for even a fraction of what I bought it for, I will be in the green. If the price of BTC goes up from $60K where it currently sits, I'll be rolling in the grass!
Or Check out my Grilling and Smoking Community on HIVE
All pictures/screenshots taken by myself or unless otherwise sourced