What a Ride!
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It's been a bit of a rollercoaster ride this week hasn't it? For me that couldn't be more true. After a treacherous drive through the mountains (which I will post about later), I found myself at a gift shop in the middle of the Rocky Mountains.
As is the case since I started my silver stacking journey, anytime I catch a glimpse of something shiny, it immediately has my attention. I caught sight of these centennial rounds at the gift shop. I quickly picked one up and started turning it over to see if there was any indication of how much silver might be in it.
Turns out it was most likely zero. There wasn't a single indication on either of the silver or gold pieces that made me believe there was any drop of precious metal in them. I might have been wrong, but I decided to skip them and went with a T-Shirt instead. A $45 T-Shirt mind you, which I honestly find pretty ridiculous, but I guess after the hour drive, I had to come back with something!
![finance Friday.png](https://images.hive.blog/DQme5uaCb3grqz9PCLBoQT8UiHjJBK6kCtgpWcKZzX1PXTW/finance%20Friday.png)
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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Bitcoin has been taking a bit of a nose dive over the past couple of days. I was really hoping to see some positive action once July got here, but I guess we still have quite a few days left to go this month. It would be really cool to see a return to the $70K range by the time August rolls around, but even if that doesn't happen, I am not too worried.
I think many of us know that we need to just take a breath here and zoom out. We are still up from where we were and in the grand scheme of things, we still have a lot of room to move up. It will just take a little bit of time.
Coinbase
I saw an article the other day talking about how Coinbase has landed a $32.5 Million US Government contract. Apparently Coinbase Prime is partnering with the US Marshal Service to provide custody and trading of the digital assets it possesses. Interesting given the fact that you have another US agency (I'm looking at you SEC) that seems hell bent on doing everything they can to stop crypto.
Of course the Marshal's might just be looking for a way to offload the assets they seize during whatever operation they are on at the time. It only makes sense that they would want a way to easily move that crypto to fiat. This article states that the US Government owns more than $13.8 Billion in digital assets. I have a feeling the fund managers aren't feeling sad at all about the prospect of some of that crypto entering the market for them to snag up.
BRO
If you aren't familiar with the BRO group on Hive, they have been doing some really great things lately. @raymondspeaks recently got awarded a grant from the DHF to produce some videos on YouTube that will hopefully bring more users to the Hive ecosystem. I think we can all agree that we need more dedicated, invested, and responsible users here.
In addition to that, the BRO collaboration Daily DABS has expanded once more with the introduction of the RUG token. If you haven't checked it out yet, I encourage you to do so. If you are a DBOND or DAB holder, the RUG token creates a nice synergy with those other tokens. There is a lot of upside potential here but of course you should do your own research as this is not financial advice!
Witnesses
As always, if you have a stake on HIVE, you should be actively voting on witnesses. Make sure you are doing your due diligence and updating your votes with witnesses who are actually benefitting the chain. @nuthman has been a little MIA lately but I still think he deserves some support if you aren't voting for him already. I think we can all appreciate how the real world and the challenges it brings us can encroach on our digital time.
Ultimately, those real world things are usually more important, so a little bit of grace and understanding is definitely warranted here. If you have been on the fence about voting for Nuthman, I encourage you to give him your support.
That's all I've got for you this week. I hope you had an awesome 4th of July if you celebrate that holiday and wonderful weekend!
Sports Talk Social - @bozz.sports
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I actually love driving through the rockies! Maybe not so much if I had to do it will a trailer. I cannot remember if you have yours, but that might be a bit sketchier.
Nope, rental car I am driving like I stole it.
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Them gift shop t-shirts can be pricey.
Speaking of Coinbase, I think I saw something where Hive devs were going to try and integrate Hive for transactions with Coinbase, but I may be wrong.
That would be sweet, but it's gotta be tough.
When I was in the US I was tempted by some crypto 'coins' I saw in gift shops, but I didn't buy one. I don't even buy t-shirts often as I have plenty. It's an interesting time for crypto, but we have been here before and survived.
I had a great 4th July as we voted out our crap government :)
That's great! Yeah, there is a lot of fake and low quality stuff out there.
Too bad they weren't silver or gold, but you can't win them all! T-shirts are always good although overpriced. Gift shops are usually that way though in my experience.
Interesting tidbit about Coinbase, I'm sure they are looking to offload BTC when they're done with it. The marshals don't want to HODL like we do!
I'm still holding BRO tokens as well along with DBOND and DAB. It will be interesting to see how RUG comes along, but I'm sure they'll make it a winner like the other projects.
How's Colorado?
It's pretty amazing! I can't wait to start writing my posts about it
Enjoy! I hope you're having a blast!
I e never driven through the Rockies but would like to…
It's freaking amazing!
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Ugh, Bitcoin. I guess Germany and the US governments sold off a bunch this week and we also have the Mt. Gox BTC getting unlocked. A bearish trifecta. I'm fairly confident it will spring back before the end of this cycle though. It should spring back pretty hard too. Tesla stock sure has been impressive lately. I got in right after the last earnings call am up nearly 50%. I won't be selling for years, that stock has a lot more room to run.
I'm honestly shocked places like Black Rock aren't snapping it up and stopping the bleed a bit.
Your photo reminds me that I got some Silver Eagles and one Gold Eagle back in the late 80s, early 90s and I really need to check if they're worth anything else but memories :)
Either way, it's still great to hold onto them!
Those rounds are good keepsakes.
Happy 4th!
Blood + Streets = Buy
Buy cheap means happy baby!
If we can hodl out at 49K BTC I am good I have the October pump already marked in my calendar.
And btw I still owe you a boost for this week!![](https://images.hive.blog/768x0/https://images.ecency.com/DQmVznCbmqDTAcbKanbxi3SWDs1pCbWYyn98WRJjzafW2pH/image.png)
Yeah, I am a bit out of sorts right now, so I need to recover then make a decision.
The silver then I presume was in there!
You would think!
Hey buddy, thanks for the mention. I have been working on a really time consuming project and haven't been able to get on much. I have been getting on from time to time. Am trying to trade between HBD and Hive to increase my stake during the volatility but sadly it has been mostly going down. I did manage to get a good chunk when it dropped to 17 cents though. Would love to see a nice pump sometime this year.
I'd love to see that too. I usually stake most of my liquid Hive, but I have been trying to make a point of keeping some ready in case there happens to be a pump. Fingers crossed!
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