It will not appear in the short term. But in the long run, gold and silver will depreciate in the future. The cryptocurrency is a brand new, free coin. Will be supported by more people.
Every one certainly have their opinion but let's face it, in this case, there is no correlation at all between silver and cryptocurrencies. I am not surprised, since a lot of people certainly want to find a reason for a downtrend in any market.
If bitcoin is down, something is causing it, if gold or silver is down; cryptocurrency is the major culprit and so on. It is just a way of trying to find an excuse in their head for some occurrences. Moreover, everything about all these precious metals like Pharmacist said is all hype.