Silver Bitcoin

Discussion in 'Silver' started by Lucky, Apr 14, 2020.

  1. Lucky

    Lucky Well-Known Member Silver Stacker

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    I wish silver would go to the moon like Bitcoin did/has.
    Whats it going to take?
    Will it ever happen?
    I remember people just starting to talk about Bitcoin when I first started investing in silver.
    I would be a multi millionaire had I invested in Bitcoin. Oh well ha ha
    Still love the shiny stuff!!
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Buy a 100oz bar and forget about it, like that trip you did to Bali. ;)
     
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  3. Lucky

    Lucky Well-Known Member Silver Stacker

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    Yep that’s what I’m doing
     
  4. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    Man didn’t go to the moon.
    Neither will silver.

    Silver is a great way of forced saving.
    A great store of wealth.
    Excellent tax status.
    Long termer.
     
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  5. shinymetal

    shinymetal Well-Known Member

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    Will it ever happen?
    Yea, of cause it will.
    When will it happen?
    Before the end of Trump's second term.

    Just my thoughts.
     
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  6. Greg71

    Greg71 New Member

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    Silver doesn't have an adoption curve like Bitcoin because its been around ages longer. But as long as the money printer go brrrr, silver is worth having.
     
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  7. SilverDJ

    SilverDJ Well-Known Member

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    Depends entirely on when you bought it and when you need to sell it.
    Image if you bought in the early 80's.
    History ain't that terrific.

    upload_2020-4-19_16-53-22.png

    How?, it's subject to capital gains tax just like everything else.
     
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  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Free markets would help too. We know that's a pipe dream!
     
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  9. swoydaz

    swoydaz Well-Known Member Silver Stacker

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  10. swoydaz

    swoydaz Well-Known Member Silver Stacker

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  11. inmizu

    inmizu Active Member

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    Cryptos are a tech/libertarian venture. A hobby.

    If silver 'mooned' the way cryptos have, it'd mean your society was coming apart at the seems (Watch this space).

    I like Swoydaz's perspective: 'store of wealth.'

    Muck about with cryptos. But 'backstop' with bullion.
     
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  12. heartastack

    heartastack Well-Known Member Silver Stacker

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    more people need to understand this post, ASAP
    In fact I’d categorise most crypto like gemstones in the physical world. Some will have obscene value and be traded uniquely in that way
     
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