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A novice stacker.


Chugnstack

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Hi All,

New stacker here. Been at it just over a month. Only silver so far but gold to follow, if I can find some decent fractional stuff at an acceptable premium.

 

Any way I've enjoyed lurking for a while now so figured I should sign up :-)

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Thanks Guys,

Despite being new to stacking I've been on the BTC bandwagon for years and followed the whole Ron Paul/ End The Fed since '07. Now I figure it's time to start actually putting some PMs away and walking the walk, so to speak. 

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Asian demand seems to be the reason but I've seen analysis saying it's recent rally has ended and it's downside target is $500. But I must admit I'm not an expert in day to day btc market. Far more interested in it's political significance.  

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Welcome to the forum.

Yes, I think demand in China - mainly through fear of yuan depreciation. Also the next halving of block rewards is coming up soon - I think around 10th July, which means there will be less supply coming through.

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