Bitcoin.
>Hypothetical store of value
>Created by humans and relies on miners to behave well
Silver.
>Has been used as a store of value for thousands of years.
>Relies on the laws of physics not changing
The market cap of silver is 90 % lower than Bitcoin.
Imagine being the retard who holds Bitcoin instead of Silver:
money.visualcapitalist.com
Other urls found in this thread:
cnbc.com
twitter.com
Where does a retard, that has never speculated on anything other than shitcoins, start with investing in silver?
ShinyJPMorganmanipulatedmetal.com
apmex, bullionexchanges, sdbullion
Daily reminder that it is said that between 50-90% of all the silver that’s ever been mined is lost or yet to recycled. The current figure of all the silver that’s ever been mined is around 2 million tones. If we take the high estimate of lost silver then that means that silver has a 1:1 ratio with gold above ground circulation. The only reason why Silver is cheap is because of perfect demand/supply equilibrium. As soon as a new technology needs silver and that tech is mass produced there will be an immediate shortage of silver and silver will immediately moon. Miners will need at least 1 year to expand production to primary mining. You’d have one whole year to cash out and make profits in this likely scenario.
silver monthly chart look like a shitcoin daily chart
I'm sorry i'll pass, I'm trying to make it before being 65
So you literally and physically buy this metal and store it in your house?
It's an unlikely scenario because silver is shit at everything technology-wise
>t. materials scientist
That looks like it's going to dump to around 8000 at the end of 2020.
BTC price follows the price of electricity invested. Bitcoin is made too moon silver is not
>65% of newly mined Silver is used for industrial application
>factually incorrect
>trust me though I'm a scientist
Silver is the best conductor of all metals
There is a reason why they manipulate it
It looks like Ethereum at $4 which is good enough for me.
I'm not buying JPMs bags you cunt
the fuck do you want? do you like to talk about how shiny is your silver? no one cares about your stupid metal, buy it and just fuck off
>(((scientist)))
gonna take you 10 years to x10 but ok
yawn yeah we get it you bought during that big spike and you want to get rid of your bags and fomo into crypto. Not happening faggot
>65% of fuck all is used for industrial application
no technology relies on silver. if it got expensive people would use something else.
nobody cares, the difference to copper is so small it's meaningless
Gold is better and benefits from not being a literal trash metal that contaminates every mine on the planet
t. JPM silver shorting fraudster
cnbc.com
> CFD on Silver.
You see that?
That is what killed your shitcoin.
>gold has massive industrial use cases
>silver as literally zero industrial use cases
All modern medicine and medical technologies use silver because it’s a metal that kills bacteria. There is no replacement for this. New technologies in the field of medicine is just one example that can see silver moon. If silver moons then miners will expand the supply through more mining. That’s why I said stackers have a least 1 year before miners dig enough silver to flood the market and bring prices down.
Tell me again about your magic dark energy and your dark matter sorcery and your big bang that happened out of nothing mister high priest of science fucking lmao
Buying silver is probably the smartest investment one could make in the current year.
imagine investing in rocks
imagine investing in digital rocks
Poor Bitcoin cuck...
You had your chance up until 2014 - 2016, the smart money have moved on into better risk/reward.
Stay poor!
WHERE DO I BUY SILVER?
Literal waste metal...no thanks, stay poor
>Created by humans and relies on miners to behave well
Are you implying the same doesn't apply to silver?
When silver moons it will unironically be the end of the world.
So, when you buy silver, you are in favor of selective (or otherwise) extermination.
Just fyi.
This.
You boomer idiots need to predict what technology is going to utilize silver that people will shit in their mouths for.
For example, LITHIUM
What BREAKTHROUGH technology that is going to rape the silver supplies?
anyone?
annnnnnnnnyone?
Thats what I thought.
Yes, you fucking zoomer retard.
If some entity decide to perform a 51 % attack you have the risk of running all Bitcoin worthless.
You also have to take into account that Bitcoin is designed to get less secure with time for each halving. For each halving it will be less expensive to perform a 51 % attack.
There is no 51 % attack possible for silver, the silver which have been mined will be in existence for ever, no matter what the silver miners decide to do.
Poor low IQ, late crypto adopter.
I'll pray for you!
I've been buying $SLV should I be buying physical silver?
Silver mooned in 1980 and in 2011, 5x - 10x.
The world didn't end at any of those occasions.
And Bitcoin, what's the point of that piece of garbage again?
Why would one buy Bitcoin, overvalued hypothetical store of value, right?
how else do you fill a treasure chest brah?
Unless you buy physical silver you're relying on people being well behaved. Physical silver is gay and you have to polish it.
Mel is the man
Copper does the same thing
but y tho
y would silver be manipulated?
jews
this. based
This
>no technology relies on silver. if it got expensive people would use something else.
Sure. We'll just use rhodium, platinum, or palladium. Silver is the least pricey precious metal and if it skyrockets, you can bet that the other precious metals will go up, too, although perhaps at a lesser percentage. It's highly unlikely that silver will cost the same on a per-weight basis as the other precious metals.
As for no technology relying on silver, you're correct but there are most certainly technologies that use silver because it is the most cost-efficient metal. Don't need silver? Sure, just use a much more expensive metal.
See
more almond roasting fuel
Silverchads will unironically rule the 2020's.
You win the silver game by never putting even a penny into silver. It's the OG shitcoin.
-#1 metal in electrical conductivity
-#1 metal in thermal conductivity
-#1 most reflective metal..
Yeah useless alright. Where the fuck did you get your material science degree? Cracker jack box?
Can I store it in MEW?