All posts made by foxygoxy in Bitcointalk.org's Wall Observer thread



1. Post 3836044 (copy this link) (by foxygoxy) (scraped on 2020-04-04_Sat_11.32h):
Quote from: NewLiberty on December 05, 2013, 01:40:03 PM
Quote from: Macno on December 05, 2013, 01:24:38 PM
is silvers market cap only at 15 Billion USD?
Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves

(and over 1M available to be put in reserves so real number is closer to $800B)

Maybe he is just considering american eagles.

And only considering one aspect of Bitcoin.
30K tonns is the US silver reserve.
Total world reserve is 540K tons which equals about 450bn market cap.
http://minerals.usgs.gov/minerals/pubs/commodity/silver/mcs-2013-silve.pdf


2. Post 21834397 (copy this link) (by foxygoxy) (scraped on 2020-04-04_Sat_15.20h):
Next ATH will be november 17th. We will need to build a solid base here around 3000-3500 for a while and then when we realize price holds good even without the stupid Chinese we will explode up.