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<p>[QUOTE=&quot;princeofwaldo, post: 26432844, member: 24091&quot;]There&#039;s an enormous resistance at $50 due to all the silver stackers from 2011 who until recently were still underwater.&nbsp; Most of these people are no longer in a position to let it ride after having already waited 14 years just to break even.&nbsp; They&#039;ll be getting out even if it&#039;s in inflation depreciated dollars.&nbsp; I envision at least 6 more months of approaching $50 without actually breaching it.&nbsp; Also, the great migration from cryptocurrency isn&#039;t likely to ever happen.&nbsp; When Bitcoin and the rest of the snake oil cybercurrencies go bust, they&#039;ll hit zero so fast that no one will have a chance to get out.&nbsp; All the money that went into crypto will go &quot;poof!&quot; and be instantaneously vaporized without any alternate market segment benefitting from it.[/QUOTE]</p><p><br /></p>

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