Why does the monthly chart for silver going back to 1997 look exactly like the Bitcoin chart?

Why does the monthly chart for silver going back to 1997 look exactly like the Bitcoin chart?

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coinmarketcap.com/currencies/bitsilver/
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what did it do after?

Maybe you could time travel to the year 2030 and find out moron

After what? the chart is up to date

>reading comprehension is hard

because bitcoin is silver to litecoin's gold

Holy fuck are you retarded?

are you faggot? it's a chart of silver in 1997 and it matches bitcoin exactly. all you have to do is go to 1998 to see what it did and this should tell you what bitcoin will do.

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Omg you are absolutely braindead, seek help.

Get ouf of Jow Forums, I beg you, you ashame even more this place. No one wants you here.

Kys

Anyone who doesn't see what's going to happen is a fucking retard. Look pre 1997

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>teenage girl thinks she understands trading
go back to pinterest sweetie

Jesus christ

The absolute state of Jow Forums.

funny think is Warren Buffet got forced out of silver in the early 2000's because he was starting to horde it and congress put a stop to that. Should have bought Bitcoin, warren.

A steaming bowl of soup. Just what I need with 31C outside.

da fuck?

Levels never before seen

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Must be hard reading numbers at the bottom of a chart too huh?

that crash from early 80s looks very similar to this btc crash. We have found the bottom at 5750

Why do they both look like the Loch Ness monster?

give me some silver stocks to buy bitch

You can't compare something with an unknown supply to BTC.

coinmarketcap.com/currencies/bitsilver/

WERE IN 1993 HOLY SHIT

Are you fucking retarded? Look again, yes it looks similar but it dipped further before recovering so we still have not touched the bottom, we need some more pain before recovery.

No, we are in 1990

Youre so fucking retarded, look at the tine scale on the bottom of the chart.

I beg to differ, it's 1933.

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It’s a typical market cycle, except for traditional assets it seems to move much more slowly than crypto (probably because crypto is a brand new asset class). As bitcoin and crypto in general saturate the market, they’ll form bubbles less often, and less extreme. The WEF estimates an $8 Trillion crypto market cap by 2025-2027, meaning that we are still, technically, the early adopters. Assuming we don’t form another bubble before then, an investment in the crypto market right now should yield around 32x returns by then.

tldr; now is the time to invest into crypto and btc, you’ll still be able to see insane gains compared to the stock market

That being said, I still think we’ll form another bubble as all the 2017 ICOs finally begin to show working products, and smart contracts gain adoption. If ChainLink comes on the scene in Q3/Q4 with their network, and companies begin using secure, trusted smart contracts that can perform real-world tasks instead of just transferring tokens, we could see another bubble begin to form as early as mid-2019, maybe 2020.

At the risk of being called deluded, ChainLink could unironically be the catalyst for the next bullrun, the same way Ethereum was in early 2017

Is pretty damn similar to BTC. But it took decades for Silver. BTC is almost halfway there on a matter of six months.

dont think so buddy

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>t. brainlet
Thanks for the chuckle.

I thought your first comment was a joke and I chuckled then I scroll down and see this and I'm dying laughing

Ironic coming from someone who cannot read a chart