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Let’s get real and think practically. Bitcoin Bulls tell me how small Crypto Market is — Really? I have given visualization below — What does it tell you? It tells me Silver is Far Superior investment than Bitcoin TODAY.
Question #1: Will Bitcoin go parabolic with people selling their houses and using all their credit lines at $20,000/Bitcoin OR Will Silver Outperform Bitcoin which is being sold at its production price? (priced at $17 close to its production price of $14)
Question #2: Gold and Silver has been consistently suppressed by Cartel for over 7 years. Bitcoin suppression has yet to begin. Cartel has just entered the Crypto space. If/When Cartel gets handle of Crypto market the only thing you will see in Crypto is BLOOD. Here is Bitcoin Chart. See the point CME entered the Market? Ya, you know it well and you haven’t seen anything yet!!
Can someone convince me the future Bull Market is in Bitcoin and Not Silver? Please provide me REAL data comparing Bitcoin vs Silver.
Here is my data:
- Value of All Above ground silver Stocks (1 B oz) is 17B @ $17/oz
- Crypto market at $740 Billion (42 times bigger than Silver)
- Gold 7.7 Trillion (11 times bigger than Crypto)
- Stock Markets: 73 Trillion (10 times bigger than Gold Market)
Here is visualization:
Images courtesy of http://money.visualcapitalist.com
Here is complete Visualization of all World Markets. Please note: This was when Cypto market was at $175B. It has grown to $700B. My images above show the accurate picture as of writing this blog.
What should you be buying: Bitcoin at $20,000 (with Cartel just in and people buying on credit card) Or silver at bottom where suppression is nearly complete?
Here is one Bitcoin-biased article on this topic. They conveniently forgot Silver in this picture. Why? Obviously, they are promoting Bitcoin here how can they show Silver on top of Bitcoin?
Am I saying Silver will rocket from here? Not at all. Here is my reply to one asking the same question.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.