It was a just a matter of time right? It's no surprise that many of us were a bit disappointed when the price of BTC hit $100K a while ago and then quickly moved back down to the $80K to $90K range. There was a hope that we would be riding an epic bull run through the majority of this year. I'm not sure we were all expecting that, but we were definitely hoping.
What we did know, is that despite the pull back, the price would inevitably go back up over that psychological mark and now here we are. Will we see a new ATH soon? We still have about $5K more to go before we hit that point. I'm not going to try to guess at anything right now. I have been wrong about so many things so many times. It feels a bit foolish to even try.
What I do know is with May almost halfway over, and June right around the corner, things are finally starting to heat up a little bit.
It is time again for another Finance Friday/Friday Finance. This is a series I started where I talk about random bits of financial stuff that I have seen, gathered, or experienced during the week. I hope as a reader you find it informational, entertaining, or both. I also hope it can generate some good discussion and edify the community.
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The price of HIVE seems to be holding pretty steady around that $.25 mark. I'm not going to complain about that, but it does mean all of my buy orders in the sub $.20 range have expired. I put some new ones up around $.23 and $.22, but even those numbers don't seem to be on the table. We came pretty close the other day, but we were just a couple cents shy of the order triggering.
I plan on just letting them ride and seeing what happens. The good news is, I still have a fair amount of HIVE liquid, so if things do suddenly pop off, I am not going to totally miss the boat. My account continues to inch closer to that magic 100K HP mark. I was hoping I would hit it by the end of last year, but it looks like I most certainly will by the end of this year.
I've been seeing a lot of people saying that alt season is cancelled. In fact, there is a good chance we may never see alt season again. I'm honestly not sure how I feel about that. I understand the thinking behind it, but I'm really hoping it isn't the case. I do think that we aren't going to see a wide spread face melting market like we have in the past. I think it will be a few key tokens here and there.
Hopefully a couple of them are ones I am holding. I'm starting to realize that the soft targets I set for myself after the last bull run are probably not very realistic. They might have been at one point in time, but anymore, the numbers I was hoping for are likely never going to happen.
WAX seems to have lost its luster, Polygon apparently got snuffed out by SOL because I hear virtually nothing about it anymore. BSC doesn't even seem to have the hype it used to. The token is still doing fairly well, but you just don't hear anything anymore.
My @holozing holdings are also inching closer to a milestone. I would guess within the next couple of months I will finally have 1 million ZING staked in my account. I could probably be there right now if I took all of my funds out of the liquidity pool, but I like keeping them there to earn more ZING.
I still haven't crumbled yet and purchased one of the new packs, but I am still weighing my options about buying some more land. I just don't know if I can bring myself to do it. The hype is exciting, but I still sort of feel like it would be throwing money away if I don't really enjoy that aspect of the game. I think the truth is, if you are still seeing Splinterlands as an investment then you are going to be woefully disappointed. If you enjoy the game, then you do you.
It would appear my validator node is still sitting in the mid 80's spot at 84 right now. @monstermarket has been doing a great job of running it and it looks like I have only missed 13 blocks so far. That's pretty impressive considering there is someone in the top five that has missed over 1500.
Finally, it wouldn't be a Friday if I didn't talk a little bit about silver and gold. Well, more specifically silver. It's pretty crazy that just a short time ago I was seeing most prices set as $2 or $3 over the spot price of silver. Now, it is more common to see pieces retailing for $4 or $5 over spot price. I know it might only be a dollar, but that seems like a huge jump to me.
I guess with the price of silver closing in on $33 per ounce, it makes a little bit of sense, but as a new follower of the space, I find it a bit surprising. I was scrolling through the recent additions area of my local bullion dealer and I found they have some 2024 1 oz Mexican Libertad reverse proofs for $260.
I guess that tells you just how special they are. Personally, I will probably be looking for something a bit more affordable when I got silver shopping again!
The reverse proof Libertad is most beautiful, I think. But $260 for an ounce of silver is too expensive for me.
Congratulations on your Hive holdings, @bozz!
!BBH
!LADY
!PIZZA
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LOH
tokens.@silversaver888, you successfully shared 0.1000 LOH with @bozz and you earned 0.1000 LOH as tips. (9/50 calls)
Use !LADY command to share LOH! More details available in this post.
Yeah, I couldn't drop that either. Thank you!
Definitely looks yummy!! š
It was!
Hive sure reacted nicely to BTC pushing through $100K, let's just hope it stays there this time!
Splinterlands I'm still not going to pump more money into the game. I'll still play some brawls and mainly stick with those for now. SPS price just won't hold once the new pack fervor wears down in my opinion. I hope I'm wrong!
I think it's still a good time to buy silver, in a few years $33 may be looking really cheap! $260 is a great price for a reverse proof Libertad. Almost too good... They are really nice silver though aren't they? I would go with the cheaper stuff too!
Yeah, I am moving some land resolution of Splinterlands, but that is about it. I was hoping to pick up some more cheap HIVE, but I am not going to complain too much.
No one seems to listen anyway if we do complain! lol Picking up cheap Hive is always a smart strategy!
https://bsky.app/profile/did:plc:u37t33dyaufvrqujwmvm54ln/post/3loqcormou22x
https://bsky.app/profile/did:plc:u37t33dyaufvrqujwmvm54ln/post/3loqcormou22x
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Looking appetizing
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I don't worry too much about minor shifts in the markets. My $HIVE is all powered up anyway. I saw it jump up last week, but that didn't last long. We need sustainable growth and that depends a lot of people actually using it.
$PIZZA slices delivered:
@silversaver888(14/15) tipped @bozz
Come get MOONed!