This is my 5 report in the #finweek category, where I write weekly about my progress in increasing HP. I always start with the main point—numbers—then move on to the work done, plans, and other related information.
Numbers
Current value — 3595 HP
Previous value — 3576 HP
Weekly result — 19 HP (record)
Weekly average — 13.75 HP
Goal by the end of the year 2024 — 4000 HP (failed)
Remaining to reach the goal — 405 HP
The goal for 2025 is 10,000 HP, with an additional target of 15,000 HP.
To achieve this, the weekly HP growth should be 126 HP per week (two more than last week.).
Social metrics, weekly dynamics
The information was collected using the service https://hivebuzz.me/ranking
Articles dynamics: 21 → 23 = +2
Comments dynamics: 286 → 321 = + 35
Overall HP ranking: 3003 → 2980 place. +23 positions in a week 😳.
Overall, social activity has decreased compared to last week. There were several holidays, including New Year and personal celebrations, as well as the saga of reinstalling a new operating system on the work PC. I only published an article today. @detectblock/the-first-impressions-after-installing-linux-mint-after-decades-of-using-windows
Tracking table by week, starting from week 1
| Week | Current value HP | Weekly result HP |
|---|---|---|
| 1 | 3540 | Start |
| 2 | 3553 | 13 |
| 3 | 3564 | 11 |
| 4 | 3576 | 12 |
| 5 | 3595 | 19 |
What's done
I had very little free time this week. The holidays, family, and switching to a new operating system demanded a lot of attention to detail. I had to work extensively with information since the new Linux Mint OS, while visually similar to the familiar Windows, has fundamental differences. I spent a lot of time transitioning my PC to the new operating system. Today, I wrote an article about it, meaning that essentially, today's article was the first one published in a week, aside from the previous report.
Now that I've brought my PC back to a normal working mode, I think I'll have more free time.
Since Friday, I've started receiving curation rewards with a decent voting power (last week, I regained control over previously delegated HP). A more accurate result should be available in the next weekly report.
The internal trading operations bank has also grown, now totaling around 60 HIVE, compared to about 40 HIVE last week. There were a few trades, but again, I don’t consider my trading volume significant and don’t see the point in tracking transactions for now. This balance increased primarily due to rewards received this week from past articles. Yes, two articles came very close to record reward values, which makes me happy.
Last time I wrote about plans, they didn’t work out, and honestly, I don’t want to box myself into a framework, so I’m removing the "plans" section from the report.
Of interest:
Well, my trades on the internal exchange are yielding results in terms of experience, which fully fulfills their initial purpose at this stage. At the moment, I’m not as focused on the profit from trades as I am on gaining experience in understanding how the decentralized internal exchange works.
So, I noticed that limit orders are not executed at the price initially set in the order.
This was a placed limit order, but it was executed in parts:
As you can see in the screenshot, the initially set price for selling HIVE was 0.548933. However, the orders were executed at three different prices (not the one specified in the order): 0.548954, 0.548965, and 0.548336. At the same time, the total HBD amount to receive was 8.234. If you sum up the amounts from the executed trades in HBD, it matches exactly the HBD amount initially specified in the limit order as the amount to receive. Everything works as expected.
For me, it’s unacceptable to engage in something without fully understanding how it works. I try to focus my efforts on understanding the mechanics of what I’m interacting with. Today, I learned the following information from the developer of hivedex.io:
- Since the precision of HIVE and HBD tokens is 3 decimal places, smaller amounts will have difficulty maintaining a fixed price. Accordingly, the guarantee applies only up to 3 decimal places; the rest is essentially variable.
- Market orders do not have a price on the blockchain.
- There are two values: what you are giving and the minimum you want to receive for that amount.
- When buying HIVE, the minimum amount to receive is HIVE.
- When selling HIVE, the minimum amount to receive is HBD.
- You are guaranteed to receive an amount equal to or greater than the specified minimum value.
In other words, when you buy HIVE with HBD using a limit order, the amount of HIVE specified in the order at the time of its creation is what you will receive after the entire order is executed. The order may be executed in parts, but the final amount of HIVE will equal the value originally stated in the order (the HIVE amount) or may slightly exceed it (meaning you could receive more).
The same applies in reverse. When you sell HIVE, you are effectively buying HBD (the reverse transaction), and here the exact minimum threshold is the amount of HBD.
It’s great to learn something new. A person learns throughout their life; only a fool knows everything all the time.