Interesting comparison between silver 2008-2013 and current bitcoin suggesting big bear market incoming.
With an stimation of 1B ounces of silver in the market, silver peaked at around 49B usd market cap, similar to the past bitcoin peak at 48B market cap.
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Oh, btw:
Silver in red
Bitcoin in blue
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Bitcoin blue, silver red
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Updated symmetry.
Silver 2008-2013 vs current bitcoin
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Mmmm wrong chart. Don't know why that was in my copy memory.
This is the updated chart.
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