The Bitcoin Blues and Silver Gold Stackers Twelve Days of Christmas Day 7!
I don't know about you, but it sure it feeling chilly in the air... And it not the temperature outside, it's the price of Bitcoin and the rest of the crypto markets. I will be talking a little bit more about the Bitcoin Blues (as I like to call them), but first let's kick off with a positive note. I could think of no better way than doing so with my pick for Day 7 of the Silver Gold Stackers Twelve Days of Christmas!
Ever since I was a child I have been a fan of Peanuts and Charlie Brown. He is, of course, the loveable loser that everyone understands at times in their life. Sixty year ago Charles M. Shultz and his team created a Christmas special that has endured the test of time with "A Charlie Brown Christmas". It was produced on a minimal budget and with no frills animation but the result was a timeless classic.
To celebrate the anniversary, the Peanuts company has authorized the production of a 0.5 gram .9999 pure gold bar to commemorate the event. Sadly Shultz is no longer with us, but his cast of characters still are, and this gold bar is a nicely done one half gram piece of art. Have a look, it's really pretty!
Images from APMEX.com
Proudly displayed is Charlie Brown with his sad little Christmas tree straight form the show. It comes in a collectable case for protection, and being Peanuts item will likely appreciate in value pretty quickly over the years. Needless to say that's why it's on my Christmas wish list at Day 7! Right now they are priced at $105.54 at APMEX.com, and I want one for sure. They are priced pretty reasonably which is nice!
What I like about these small gold bars is they are so much more affordable right now, and also they can be sold much more easily if you choose to ever do so. Not everyone has $4K in cash laying around to buy an ounce of gold but many people would have more than $100 available. That's just the way I see things!
The Bitcoin Blues
Just a few weeks ago I really thought BTC would be testing $150K, but the market seems to have different ideas at the moment. It sure doesn't bring a smile to my face to see it getting close to $85K, as it drags down the rest of crypto with it. The one bright side is that so many companies have BTC in their portfolios it will likely minimize they decline and volatility as we've seen in past cycles. That may turn out to be a bullish factor in the not to distant future, just not today sadly!
From coingecko.com
Hive is down to $0.108 right now and seems to be holding above a dime, so that's great new for all of us for now. But HBD has been dropping and required increased stabilization which may be more pressure on Hive prices in the near future. Time will tell, fortunately the fork doesn't seem to have crashed the ecosystem as many had worried. All we can do is keep our fingers crossed on Hive prices!
Let's hope that come tomorrow these Bitcoin Blues will be a bad memory!
That will do it for today, and I hope the Bitcoin Blues don't have you down to badly. But at least the Charlie Brown gold bar is a good reason to smile, and even to invest in if you can afford one right now. Please feel free to leave any comments or questions below and thank you for all of your support, it's greatly appreciated. Have a great day everyone!
References:
https://www.apmex.com/product/313936/1-2-gram-gold-bar-peanuts-60-years-of-charlie-brown-christmas
https://www.coingecko.com/en/coins/bitcoin
https://www.coingecko.com/en/coins/hive
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
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Those snoopy gold bars are awesome...it is a pitty that the price comes with huge premiums!!
It is over a $30 premium on these small bars, but they all seem to be right around there these days. Even generics are running $82 at the cheapest. Premiums suck no matter how you look at it though!
!PIMP
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These pieces of gold are similar to Satoshi in terms of their function :)
I don't follow these fluctuations closely, so I don't understand them in detail. However, the price of Hive and the price of HBD are now more closely linked than before the fork. I am interested in seeing whether the APR will change more flexibly than HBD. Witnesses determine it.
But I've never looked into it in detail. I'm not a reference :)
!BEER
These smaller gold bars have become popular over the last twenty years as gold prices have gone up. It just makes it easier for the small time buyer to own some gold. Plus, they are easier to sell as they aren't $4K worth of gold. In theory like the GoldBacks they could be used in commerce to trade for good and services as well.
We'll see how things go with Hive and HBD here post fork, positive changes are what I'm hoping to see personally! Like all of us!
!BBH
!PIZZA
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BEER.I like buying little bars. Just a bit by bit it adds up thing.
It's a great way to stack gold, with it being as expensive as it's become. These days the only way to do it unless your stinking rich... Which I'm not! lol
!BBH
!PIZZA
I would definitely love to have this Charlie Brown gold bar hanging on my Christmas tree!🤗
What would Christmas be without watching Charlie Brown pick out and decorate his sad little Christmas tree!😇☺️
That would be fun wouldn't it? Good old Charlie Brown!
It would definitely go in to "keep always" stack, such a classic Charlie Brown!!👍😀
its time to buy $hive
It will surely pump
I like those pretty gold bars
Gold is always great! Let's hope for a nice pump on Hive, but BTC may not be done dropping yet. It may be awhile before a nice pump comes along. I hope I'm wrong though, I miss Hive at sixty cents!
!BBH
!PIZZA
I don't see it pump this year
its bear now baby, run for your life. just kidding.
!LOLZ !PIZZA !PIMP
how are things on your side my friend, hope things are great.
Surviving over here, up to my eyeballs in bills right now unfortunately. It's getting more and more expensive to live here!
!DUO
!PIZZA
!BBH
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let's always DYOR
Always a smart move, research everything. Even then you are taking your best educated guess and things can still turn out very badly... Investing is a lot like gambling! lol
!BBH
!PIZZA
I called 80K Bitcoin before year end….. crypto is going to have a very cold winter coming.
Very cool the premium on that is nuts.
I think we may not be done seeing BTC drop for sure, it may drop below 80K before Thanksgiving at this rate!
It would be nice to have some lower premiums on those, but anything Peanuts or Disney is always epensive!
Those are some of the ones I was looking at yesterday that I mentioned! I didn't want to pay the extra premium for peanuts branded stuff though. I did hesitate before I decided against it!
That premium always sucks on corporate owned name brands. I would love to have one of these, I may have to suck up and pay the premium! I hope you bought some cool stuff!
I think I did. I'll be sharing it later when everything comes in!
Today, I don't feel BTC rich anymore. Just precious metals rich.
!PIMP
I feel completely the same... Slowly turning back into a poor crypto holder... Good thing I have some metals!
!PIMP
I am also a big fan of Peanuts and Charlie Brown, it brings a lot of nostalgic feeling
$105.54 for the gold bar is a bit pricey for me
A lot of the more generics are about $82, so you are paying more than $30 for the brand name. One of the gambles of investing in precious metals, sometimes they pay off big and other times not at all!
!BBH
!PIZZA