Remember the crazy times in 2021? Bitcoin surged all the way to 69,000, directly entering the top eight global assets, standing shoulder to shoulder with silver.
Four years may not seem long or short. Now, Bitcoin has already reached 87,000, still firmly holding the eighth position—what about silver? It has climbed to third place.
Thinking back to the market's comments on silver back then, it was basically a roast session. When it fell below cost price, all kinds of arguments flooded in: "It's just a byproduct mine, low extraction costs and high output," "Has no financial attributes, no one really wants it," or even outright saying "It's just industrial waste." The market is so ruthless.
And what happened? After a few years, silver suddenly became a hot commodity. It has become critical to the photovoltaic industry, the heart of new energy technology. The narrative was directly elevated to a strategic level—"a key chip in global trade," "a non-renewable scarce resource." From industrial waste to strategic reserves, this turnaround is so fast it can leave you stunned.
The most heartbreaking part is, those who criticized it the most back then are now all turned into fans. "I've always believed in you," "I knew it had potential," these words sound so familiar? The market never plays along with you; it only catches you off guard when you turn around.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
PonziDetector
· 14h ago
Another discovered scam narrative: silver from waste to strategic resource. I've heard this rhetoric too many times.
That's why I never believe the market's collective consensus. Today's darling could still crash to pieces tomorrow.
View OriginalReply0
RatioHunter
· 14h ago
Wow, silver has gone from waste material to strategic reserve, this turnaround is truly incredible.
View OriginalReply0
TokenVelocity
· 14h ago
Damn, isn't this just the norm in the crypto world now? Yesterday's trash coin is tomorrow's blue chip, hilarious.
Here we go again, those who previously criticized silver are now all experts.
Honestly, it's already outrageous that BTC is stable at eighth place, but silver jumping to third is even more incredible. New energy really has a strong hold on it.
The market is just an unpredictable old lady. If you look down on it, it will rise to show you.
Now, who still dares to say that a certain asset has no prospects? They've already been slapped in the face so many times they can't deny it anymore.
This is what we call information asymmetry, everyone. Those who control the narrative always win the most satisfying.
The most brutal contract liquidations are always those who are the most confident. This article is a bit provocative.
View OriginalReply0
BlockchainGriller
· 14h ago
This reversal story of silver is truly ironic; those who criticized it the most initially are now pretending to be insiders.
View OriginalReply0
AlwaysAnon
· 14h ago
This narrative reversal is just too amazing. The ones who criticized the most back then are now pretending to be fans. LOL
Remember the crazy times in 2021? Bitcoin surged all the way to 69,000, directly entering the top eight global assets, standing shoulder to shoulder with silver.
Four years may not seem long or short. Now, Bitcoin has already reached 87,000, still firmly holding the eighth position—what about silver? It has climbed to third place.
Thinking back to the market's comments on silver back then, it was basically a roast session. When it fell below cost price, all kinds of arguments flooded in: "It's just a byproduct mine, low extraction costs and high output," "Has no financial attributes, no one really wants it," or even outright saying "It's just industrial waste." The market is so ruthless.
And what happened? After a few years, silver suddenly became a hot commodity. It has become critical to the photovoltaic industry, the heart of new energy technology. The narrative was directly elevated to a strategic level—"a key chip in global trade," "a non-renewable scarce resource." From industrial waste to strategic reserves, this turnaround is so fast it can leave you stunned.
The most heartbreaking part is, those who criticized it the most back then are now all turned into fans. "I've always believed in you," "I knew it had potential," these words sound so familiar? The market never plays along with you; it only catches you off guard when you turn around.