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RE: Steemit now trading on Huobi one of China's largest crypto exchanges

in #bitcoin6 years ago

I love silver too. I have gold but don't see huge moves until big crash as pension plans are not allowed to hold physical gold. So the institutional investors are not looking at gold much. Silver is running short of supply for industry that is different deal.

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Funny how we were just talking about this, I just came across this article on Bitcoin.com and it states:

Fundstrat’s co-founder, Thomas Lee, tweeted how his company “hosted a small group of institutional investors” recently. It was a “mix of crypto and traditional macro [hedge funds] long-only.” It was a chance to informally survey basic sentiment about the market shortly after the end of tax season for the United States.

Of the nine questions, they included: if cryptos will rise during a recession (65% Yes)

https://news.bitcoin.com/cryptos-near-term-fortunes-inflows-of-big-money-new-indices-emerge/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

We shall see in due time.

I love silver because,
Many organizations are using more silveres. Because there is usually the power of the silver bearer.
So gold is being used instead of gold.