I'd love to say it has been an interesting week this week, but honestly, it has just been more of the same... As far as BTC is concerned, we continue to crawl along in this sub $100K range. It certainly has a way of making you feel like $126K may have been the top, but then there are folks still calling for $160K and $250K, so who really knows.
I've been thinking a lot lately about those Bitcoin maxi's of the past and how they are probably feeling pretty smug with themselves right now. Hindsight is 20/20 as they say, and thinking back if I had taken most of my profit from various places and put them into BTC, I would likely be in a much better position today.
Like the seagulls from Finding Nemo who say "Mine, Mine, Mine", right now it feels like we are just as lost trying to find profits.
HIVE has been holding fast around the $.10 mark which I guess is good, but is it really? Sure, it hasn't gone down much more, but sentiment around the chain is pretty dismal. Okay, sentiment in the Discords that are tied to the chain is pretty dismal. I know a fair number of large accounts that have started powering down.
Personally, I even moved some HBD into BTC last week. Of course I also powered up 7000 Hive or something like that, but I think the point is clear that people are trying to pull value out while they can. I can't imagine the kind of run we are going to see if HIVE were to jump up to $.50 or even $.25. It might be a freaking free for all.
The Gomining(referral link) service has been around for a while, but it only came on my radar just recently. I decided to check it out and given my affinity for NFTs over on the WAX blockchain, it seemed like a pretty cool project where you buy miners that you can turn into NFTs. These NFTs represent actual mining rigs in the real world that harvest BTC and then in turn return it to your account.
The amount of BTC you earn is determined in large part by how much you spend on your miners, but there are some raffle and other metrics, so if you get lucky, you might do better. If you are the sort of person who likes those faucet sort of things, this might be something you enjoy.
Of course I am sure there are plenty of critics out there about the service, but I had some extra crypto laying around, so I figured what the heck. Even if I set it and forget it for a few years, I might still end up coming out ahead. At least that crypto is doing something now versus just sitting in a wallet waiting for a bull run that might never come...
Usually around the holidays I either visit my local bullion store or I hit up the Internet to buy some pieces for myself and my nephew who is also my godson. This year I decided to go a little extra and get something for my great niece who was just born last year.
Of course, this was just about the absolute worst time to buy silver, but as long as the price keeps going up, I am not in too bad of shape. I think with the premium over spot I paid about $58 for most of the pieces I picked up this year.
So I'm already up $5 or so.
The piece I picked for my great niece is this awesome Australian year of the Dragon 1 oz .9999 silver round from 2024 when she was born. It also has another tie in to where she was born with the Dragon, but that isn't a story I will probably tell here.
Since she is only 1, I don't expect her to have much interest in this piece, but I still wanted to do something special for her and I hope that one day even if I am not around she will appreciate the thought I put into this and just how cool it is.
I mean, that's a pretty awesome dragon right?
As for everything else, I am just sort of sitting around and waiting to see what happens. is doing their annual December Bonus Rewards campaign again this year and I already missed a day back on Sunday, so I am pretty much out of the running for the certificate or whatever it is. I'll still keep collecting though so I can try to gather as much Holo Dust as I can.
The COTI token I am invested in continues to chug along. I have my funds locked up for another year in there and I am just collecting my rewards and rolling them back into my stake for now. A little bit ago the price of GCOTI dropped quite a bit, so I picked some more of that up to keep on hand.
I'm also letting my VET token investment ride. They just released an update to their Stargate staking platform and I am waiting to see what kind of return that is going to bring me with their new tokenomics.
Finally, SMR my favorite nuclear company is kind of in limbo right now. I think a lot of the sector is in a bit of wait and see mode. At least for NuScale the profits didn't come back the way they had hoped in Q3, so they are doing what they can to finish the year strong. If they can get a few more contracts and actually produce something then I think they should still be okay. At sub $20, this could still be a good spot to buy if you haven't already.
Or Check out my Grilling and Smoking Community on HIVE
All pictures/screenshots taken by myself or unless otherwise sourced