BITCOIN, GOLD & SILVER: Bitcoin price will triple Gold in 2018, Silver achieves parity with Gold. Silver's going to the moon..!! Clif High
BITCOIN, GOLD & SILVER
Credit:cointelegraph
I was scanning my news feeds earlier and came across this article that I thought I would share with you.
Credit to Coin Telegraph for the contents in the article.
Credit:cointelegraph
Credit:cointelegraph
Credit:cointelegraph
Credit:cointelegraph
This is a great article and the findings mirror that of my own.
I remain STRONG BULLISH on Bitcoin, Gold and Silver and believe all three are EXCEPTIONALLY UNDERVALUED..!!
These three form part of my Strong Predictions for 2017 and represent a compelling Investment as the current levels.
DEBT and DERIVATIVES
The World is drowning under the weight of Toxic Debt and Derivatives and are weighing heavily on a fragile and broken Financial System that is dangerously on the verge of collapsing.
This antiquated and archaic Financial System is preparing for a migration on to the Blockchain Technology of a Digital Distributed Ledger that will for the first time see ALL OTC DERIVATIVES accountable
This is a Global Financial Game Changer of Epic Proportion and one that has not been seen to this extent for over 70 years..!!
For the record in case you thought that this was a typo, I did say 70 YEARS..!!
CURRENT PRICES
At the time of writing this blog, the prices were:
GOLD = $1,227.20 oz
SILVER = $17.79 oz
BITCOIN = $1,272.50
Once again this is a great article and thanks for reading.
Stephen
That's it Mr. Kendal!! I was waiting and searching for an article like this one where someone has the same opinion about bitcoin. I mean, who would've thought in 2009 that Bitcoin would reach a price of over 1250 $!!!!! INSANE! So in my eyes it isn't impossible that BTC and also STEEM could reach unbelievable prices.
Thanks for sharing!!))) I'm so excited about this post.
"....it isn't impossible that BTC and also STEEM could reach unbelievable prices." Nailed it. Steem is doing EXACTLY what Bitcoin did in its first year..!! In 2010 Bitcoin was <$0.10..!! Stephen
That's why one of my most important steps right now, is to make a plan how to invest in STEEM (to convert it into SP), so that it could reach a sweet price of maybe just a minimum of 10$ per each. That would be crazy. But I say it as I am writing right now: I believe strongly in the future of STEEM, although I'm a big skeptic. So to achieve a user number of 10x more than now in less than two years (now under 140.000), we need to spread the word people.
You know I am a fan and collector of all three, my hopes though is the new LBMA - Rueters disengagement from the Silver "Fix", will sharply shoot silver way up for a good transfer opportunity to bitcoin. If Gold again reaches above Bitcoin I will sell scores of them for the bitcoin.
All three are very cheap at the moment, but if I was asked to put them in order I would say Silver - 1st, Bitcoin - 2nd, Gold - 3rd, from today's prices. Stephen
This post has been ranked within the top 50 most undervalued posts in the second half of Mar 06. We estimate that this post is undervalued by $5.61 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Mar 06 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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These are definitely interesting times in which we live... I see the march towards cryptocurrencies going well... a little skeptical of silver reaching parity with gold, mostly because of the supply side. I think that prediction overlooks the sheer tonnage of "grandma's silver" sitting in millions of homes, waiting to come to market to meet that sort of price increase... I hope he's right... we have at least 300oz of old family silver sitting in the attic.