Here is some proof and my take on the fact that the silver community and cryptocurrency communities are merging. I believe that with how similar the values of each of these communities are this was bound to happen. I look forward to you opinions and comments below! Thanks for watching PS. I will have a video of my rig (in its current state) up very soon. [youtube]http://www.youtube.com/watch?v=rYEqrbBkeZo[/youtube]
That video does NOT present a cogent or remotely good argument for its claim, in my view. Most silver stackers that I am familiar with reject the notion that cryptocurrencies exhibit the same characteristics and history as precious metals and therefore reject the contention that a stacker would buy a crytocurrency for the same reasons they buy silver. I think it's not only a huge stretch of the imagination but a ploy by cryptocurrency enthusiasts to try to draw stackers into buying crypto-problems and crypto-losses at a time when stackers are feeling most vulnerable to the current state of the precious metals market. .
Yeah...Nah. i don't think this is good evidence. Its probably best to get a slice of both worlds though i prefer stacking physical.
Threads merged. Duplicate threads are NOT necessary, everyone uses the New Posts function and it just looks like spam.
I think we are 1 more run up in the crypto market from a 'minority' of PM investors that have invested in crypto, to a majority. Just think this time last year 1kg of AG @ $925 AUD = 20.5 BTC Today 20.5 BTC @ $700AUD = $14350 Many in crypto expect BTC to put in yet another high (or 2) this year. Why would a stacker not want a piece of that kind of action?
Love the debate! As with anything knowledge is power, so study up before you make any investments of silver or crypto-currency. You can spend a lot of money on both and still lose if you don't know what you are doing.
