Buying Silver with Bitcoin

I love the image of this silver coin. I want this coin actually and it maybe expensive if it has a face value of 10 bitcoin. If so how does this coin turn into bitcoin? Can it? I don't know the answer to that question but I can analyse the trade of bitcoin and silver.

When you can turn one asset class for another with good timing than you can do very well in increasing your net worth. You don't need to be perfect as it was very rare in 2011 when Silver prices were north of $40 and Gold prices at major levels as well to sell such and then turn them into bitcoin. Who did that? It's all about making great decisions from today moving forward. However back then If you sold just one silver coin for fifty dollars and turned it into bitcoin than you could have gotten several bitcoins when they were trading for only three dollars. Even if you got twelve of them you could turn that back into silver today and get around 1,800 ounces of silver. Wild ride with amazing life changing income almost everyone never thought of doing.

In 2011 the price of bitcoin was trading for under ten cents while silver was breaking $20 for the first time in over three decades at the time. This meant the ratio was over 1:200 at this time. With the ratio closer to 150:1 that means it has went up only 30,000x over the last six years. Maybe only isn't the right word to use or many holy sh#T are you beeping kidding me? I actually remember bitcoin trading then I couldn't even imagine putting fifty bucks on it back then, but oh by had I done so! I don't care about that because I'm looking to make solid plays for the now and future.

Gold and silver are not traded in a free market while the prices keep being remained supressed. With bitcoin on the rise the ratio should only seem to keep climbing north. Bitcoin trades free and a big reasons for the gains is many people who are losing faith in their nations central banks fiat monetary system. The Federal Reserve and all the other central banks alike is the biggest Ponzi scheme I have ever seen on this planet and with the information to the scam being available for the greater part of the last ten years indicates more and more are waking. With BTC moving as it has been, even if the silver market would start a bull trend of its own the gains in silver will probably underscore those in cryptoland.

Ratio at 400, 500, 700?

Don't know about 700, but the Silver market I expect to take off like these crypto where it should yield hog wild gains even as high as over 100x from where the price stands as we move to the end of this decade and a transition into the 20s(2020-2029). However I don't think it will happen anytime soon and the odds of bitcoin breaking out into five digits before silver breaks $25 seems more likely at this stage. But when this silver market explodes and its $50 one month and $100 the next month and $500 a few months thereafter should see this ratio start falling back to even the 150 handle it stands now or even lower.

I have been buying bullion 999 silver since 2008 and I already have a core position. Bitcoin gains makes it fun to buy silver even at these depressed ratio (150 oz for 1btc) because it's a level of profit-taking on the crypto gains. There will be two signs when I need to go bigger and buy much more with the first being when the ratio is out of hand you just have to take a shot and maybe a 700ish level is reached. Also if silver breaks $35 than the secular bull market will then have its technical analysis saying its ready for the big break and that should see the ratio fall very fast. Maybe 700-100 or something crazy like that in a year.

My goal is turning bitcoin into silver but I need to be patient now as great buying opportunities should present later on for greater deals.

Derek.