possible vs. plausible

possible |ˈpäsəbəl|adjectiveable to be done; within the power or capacity of someone or something
plausible |ˈplôzəbəl|adjective(of an argument or statement) seeming reasonable or probable

Plausible is referred to an explanation, an argument, or a statement, while possible is referred to a fact, or an event.

For example, my explanation on how in future time traveling will be possible could be plausible, but that doesn't mean traveling through time will be possible.