It's certainly been an exciting week! Despite the midweek retrace, the fact that Bitcoin is doing Bitcoin things again is pretty amazing. If you have been in crypto for a while, you know that it isn't a question of if, but a question of when. Waiting for that "when" can be a bit mind numbing at times though. I've written posts before where I referred to it as the doldrums. Just getting kicked around between two price points for a long period of time can really start wearing on your nerves!
Heck, we even got to see a bit of a HIVE pump for whatever reason you want to believe. I have a feeling this won't be the last one. We still need to work on getting more tokens in to more peoples hands so that these groups can't swing the price so much. I really don't know how to fix that though.
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.
The other day I threw some veggies, chicken, and pork steak on the grill. I knew right away those photos would be perfect for this post. Things are definitely getting hot in the crypto world!
Holozing
With the price of HIVE going up a bit this past week, I decided to pick up a couple more Alpha Vials from the @holozing project. I now have twenty of them and I am planning on using a few when the game launches and then sitting on the rest so that I can maybe flip them for a profit at a future date. We will see how that works out for me.
I think that Holozing has a lot of promise and I am really excited about the launch. It also might give us something to keep us occupied until Ragnarök comes out. That's still a thing right? I mean it's still being developed? I'm not one to doubt Dan, I just don't feel like we have heard much about it lately.
Bitcoin Going Mainstream
I saw this post come up on Twitter (X) the other day and it definitely caught my attention since I live in Michigan. I also work for the public school system in Michigan, but our retirement system is separate from the pension fund for the rest of the state employees.
I don't expect it will be long before the education pension fund starts investing in BTC as well. Ideally, they would have done it a couple of years ago if not more, but I think we can all agree BTC still has a lot of room to move up from here.
Plus, if they are investing in the ETF, that gives them a little more protection anyway. I guess to be fair, they couldn't have invested in the BTC ETF two years ago because it didn't exist right?!
VET
I really thought we were going to see BTC hit $100K by the end of the week this week. That doesn't seem as likely now, but I really hope you are buckled in for when it does. Things are going to get even crazier than they already have. I saw some really good news the other day about the VET token that I am holding. They have some strategic partnerships in the works that are really going to make that token take off.
Plus, the chain is already being used. Even though we have been in this area for almost ten years now, many of the altcoins are still just ideas. There is zero use case for them, let alone a full global supply chain system working on many of them. That isn't the case for VET though.
As always, this isn't financial advice and you should do your own research, but the price of VET and the gas token VTHO is still super attractive right now.
Some Final Silver
Finally, since it is Finance Friday, I wanted to share the final piece of silver that I picked up when I was at the store the other day. I actually have another piece, but you won't get to see that since it is for the #silvergoldstackers secret santa giveaway.
This is a pretty cool 1oz piece that has a partial cut in it so you can split it into 1/4 oz sections if you want to. This isn't the first piece I've bought that has these kinds of marks on it, but I really like this one because it reminds me of a compass or a nautical star.
The back is exactly the same as the front on this piece, but I think they made it more for utility than they did for it to look pretty. I honestly hope we never see the day where I need to split this up to barter for goods or services, but you never know what might happen in this crazy world we live in!
As I get ready to click the publish button, BTC is back over the $90K mark. I think it will be interesting to see if things cool down over the weekend. With ETFs and institutional investors, it isn't unbelievable that the crypto markets would slow down a bit. Then again, crypto never sleeps, we are entering a new world that doesn't run from 10 AM to 4 PM EST.
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