In a post two weeks ago, I made some goals for 2020. I don't know if any of them are really obtainable, but I like them for their difficulty to accomplish, so I'm keeping them.
The big one has to do with SP. After managing to go from plankton to minnow and on to dolphin, the next level is orca. It's the steepest climb yet, and given that I managed less than 10,000 SP in two years, the possibility of reaching orca by year's end isn't the most probable of outcomes.
However, as I said, I like all of my goals (and if I don't reach any of them this year, I might not have to adjust much for the following year—see, I could be already goal-setting for 2021), so I'm going to do what I can to move beyond 50,000 SP.
I don't plan to invest all the way there, unless STEEM falls below five cents USD, but I do intend to pick up the pace a little, after not doing nearly as much investing in 2019 as I did in 2018.
To that end, I've already added enough SP to surpass the 'double dolphin' level, and as soon as the funds become available in Coinbase, I intend to push past 12,000 SP. I'm using some Christmas bonus money from work to do this, so I'm not sure how much a month I'll be powering up from here on out, but probably not as much as I'm doing now at one time.
Again, unless STEEM drops below a nickel.
Which, in all honesty, I'm believing isn't going to happen. And if it does, it shan't be for long. In reviewing past performance, if that means anything after 2019, there is a Chinese New Year cycle to work through before we might see something happening throughout all of crypto.
Bitcoin's halving takes place in May, while STEEM's SMTs are expecting to happen before that, in the spring, a scant two to three months from now. Communities is on tap and many are starting up and available for subscription in the open beta.
While some are predicting the halving won't have the same impact as it has in the past on Bitcoin's prices, it's just going to become that much harder for Bitcoin to be mined. Mining operations over the last few years have been either consolidating or dropping out under the sheer weight of the energy and the expense of it required to keep up the mining, and halving is only going to make that worse. Talk about the ultimate in scarcity.
Regardless of what happens there, regulations are going to continue to come forth, more attention will focus on crypto as Facebook and others produce their tokens, at some point EOS and VOICE actually open up, plus whatever other moves the industry might have in store all point to something better coming on the horizon.
That's my opinion. That's what's driving my goals, mainly on the social media side of things, and my hope that enough will be done by the end of this first quarter for STEEM, if not all of crypto, to turn the corner.
The other goal I had planned was to surpass 10,000,000 SNAXP. That I've actually accomplished. In addition, there's nearly 275,000 SNAX on the SNAX blockchain that's been earned through scoring rounds off of the STEEM posts I'm doing anyway. SNAXP has been pretty dirt cheap as of late, so even though 10 million is a big number, it doesn't mean much. For the moment, I don't plan to buy more, but will keep building through the scoring rounds while I'm bulking up on SP.
Onward and upward.
Thank you to all who have said a kind word about the passing of my mother. It does mean a lot, considering that we're all perfect strangers here. That is one of the great things about STEEM. There are folks here who do genuinely care about each other, and I do believe they are still in the majority. It gives me hope that there still can be great things ahead for STEEM.
*Images sources—steemworld.org and steem-engine.com