It's Saturday again already ! We're already 15% of the way through 2025, and I'm starting to think that time is accelerating rapidly.
So before I run out of today-time, here's my #SaturdaySavers update for the week....
Image created by AI in NightCafe Studio
Here's my table of progress for the week;
How Did The Week Go ?
The big thing for me was totally non-Hive; I finally put my new website live. It's taken a few months to work through the images and data for nearly 10,000 products. Although there is still plenty of follow-up work to do, there's less pressure to get it done, and it's a huge weight off my mind to get the project done.
The impact of finishing a major real world project is showing through in Hive, however. It's given me a little more time to post and engage, and I think the quality of my posts has improved a little because I'm not in quite such a state of permanent mental exhaustion. Hopefully the small increase in HP earnings this week will turn into a consistent level of growth so that I can hit the weekly target of around 70HP I need to hit my goal for the year.
BPUD
One thing I did this week was participate in BPUD, the power-up day for the BBHO token. That's the governance and voting token for @thebbhproject by @bradleyarrow - still one of my most favourite Hive projects ! And he still needs votes for his witness node it you haven't done it already 😉
A thing I saw which mildly miffed me was that when I sent to BeeSwap, there were a whole bunch of lowball "buy" offers for BBHO. They were grouped close together in price, and created a very significant divergence between buy and sell offers. I had a suspicion.
So I tested it, and put in an offer one increment above the highest of the low prices. Within a few seconds, all of those previous offers had been cancelled and re-created at 0.00000001 above my bid. Yes, they were all automated !
It was clear what their strategy was; to pick up BBHO on the cheap from people selling "dust" quantities or wanting to sell at any price just to free up liquidity to buy something else. It annoyed me because I felt it artificially devalued the token.
With a little bit of time on my hands, and because I was curious to see if an evil experiment would be successful, I got to work. Gaming the system, if you like. I started putting in buy bids for just a single BBHO at 0.0000001 above the current top bid. Sure enough, the brainless bots followed their programming. They aren't smart enough to distinguish between a higher price for just one token, and a real bid for a sensible number.
With just 0.24 SWAP.HIVE, I was able by doing just occasional bids over the course of a few hours to push the price of BBHO from 0.012 to 0.024. That's the point at which my bids started actually getting converted into purchases, and far closer to the value I believe the token should have.
It was an interesting and fun experiment ! It shows how prevalent bots are on Hive Engine, but also how little funding is needed to single-handedly double the price of a token.
If you're not familiar with SaturdaySavers, it's a fabulous initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account, where we all support each other in getting to our savings goals.
If you are one of my friends reading this (or just someone who tripped over one of my posts), I really recommend this as a great community that's well worth joining.
I'm normally very disorganised about saving, and the support of the wonderful people in #SaturdaySavers has been invaluable in keeping me focused. I can honestly say that without it, my HP would probably be half what it is now.
So join ! You don't have to wait until the start of the year. The best time to start saving is ten years ago. The second best time is right now !
