Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Listen, I know these are difficult times. But let's try to remain civil. Remember why we're here.
To crush souls and steal their money? Yeah, most of us seem to have forgotten.To make sure (((Goldman Sachs))) is left holding the bag on completely valueless, imaginary assets like bitcoin and ethereum while the goyim sell retardedly overvalued craptocurrency to buy up the whole silver and gold market.
Do you really think the minnows that hang out here can possibly make even a dent in the PM supply?
Maybe you ought to hit up the Winklevoss twins. However, I don't think even they could muster enough to make a dent. Maybe you can get Barry to suddenly change the investment strategy of DCG. 
2 billion oz above ground silver = $32 billion
bitcoin market cap = $242 billion
Come on man. Peru alone has 120,000 MT of silver reserve. That's 3.85 billion troy ounces. I think your numbers are way off.
I'm talking about above ground investment grade silver that can be delivered to market. You're talking about so called "deep storage" silver, which isn't even economical to extract. Even so, you referenced (the largest below ground silver reserve in the world?) and it's only $60.8 billion. But that's like saying trees aren't valuable because I saw a tree over there we haven't cut down and dragged to market yet.
It requires two neutron stars colliding to make that silver, so unlike the tree, once that largest in the world silver reserve is gone, you aren't getting another one. And mostly unlike gold, civilization actually needs that silver to function and uses it up all the time. It also might take some astronomical time span like 20 years to extract the silver you referenced, and might cost an order of magnitude higher silver prices for it to happen. When you say the world has so and so amount of silver below ground, the number is meaningless because it might cost $100+ an ounce to extract the stuff you're talking about.