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Tag Archives: Peter Schiff

Elon Musk Explains to Peter Schiff What Money Is

Bitcoin recently became a trillion-dollar asset as its price also surged past $57,000. A few hours later, ETH made headlines as it crossed the coveted $2K mark. Several other cryptocurrencies have also performed well. Tesla’s CEO, Elon Musk, is of the opinion that the prices of both digital currencies are high.Pro-gold and anti-bitcoin economist Peter Schiff is at it again. The chairman of Schiff Gold is renowned for his relentless anti-bitcoin tweets. He once termed bitcoin “the biggest...

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Peter Schiff After Bitcoin Hit $50K: I Got it Wrong

Peter Schiff, a well-known economist, gold proponent, and one of the most vocal opponents of Bitcoin, admitted that he was wrong about Bitcoin not hitting $50,000.Bitcoin’s Price Hits $50K For the First Time in HistoryFor the absolute first time since its inception, Bitcoin has hit the coveted $50,000 mark. The price has since retraced a bit but is still charting an increase shy of 3% on the daily. This has also brought the 7-day gains of BTC to about 7%.As CryptoPotato reported earlier...

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Binance’s CZ Was Right About Tesla’s Bitcoin Buy – Peter Schiff Got it Wrong Again

While the $1.5 billion bitcoin purchase from Tesla caught most crypto insiders and outsiders by surprise, Binance CEO Changpeng Zhao actually predicted the move over a month ago. Simultaneously, full-time BTC basher Peter Schiff was wrong (again) as he said that Elon Musk would not be “dumb enough” for such a move.CZ Was Wright About Tesla’s BTC PurchaseArguably the biggest news in the crypto industry this week came from the Palo Alto, California-headquartered electric vehicle and clean...

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Analysis: After a 70% Increase Bitcoin Has Decoupled From Gold In Q4

The last quarter of 2020 has been extremely bullish for Bitcoin, with an increase of 70%. In particular, November saw the highest monthly close after BTC broke the all-time highs on several exchanges.While the primary cryptocurrency has enjoyed the last few months, gold’s performance has contrasted significantly. The precious metal has lost over 6% of value since October 1st.The two assets displayed a high correlation earlier this year. However, the latest price developments have breached...

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“Trying to Predict the Price of Bitcoin is a Loser’s Game,” Renowned Finance Expert Says

What’s going on with Bitcoin? After triggering everyone’s bullish mood, Satoshi Nakamoto’s creation experienced one of the worst crashes of the year, as if some divine providence was telling traders to take it easy.Analyses are contradictory, but some experts claim that this contradiction happens because there is no real substance to study, and investing in crypto could be dangerously close to gambling territory.BTC Trader = LoserMark Mobius is one of the experts who support this thesis. The...

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Max Keiser: We Are Seeing The Education Of A New Bitcoiner With Ray Dalio

Ray Dalio is among the most successful hedge fund managers in US history. Having found his own fund Bridgewater Associates in 1975, he has managed billions of dollars in the following decades.However, Dalio has never been a fan of Bitcoin. He has previously said that BTC’s volatility refrains it from acting as a medium of exchange and even asserted that the cryptocurrency “fails the purposes of money.”Bitcoin fell in his scope recently when the asset started gaining massive chunks of value...

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Bitcoin is The Biggest Bubble Ever, Says Peter Schiff… Again

Bitcoin skeptic Peter Schiff has done it again: The notorious gold bug, famous for being the owner of the only Bitcoin wallet capable of forgetting passwords, claimed that this time —unlike his other failed predictions— Bitcoin is genuinely about to die . Shortly before the price correction on Oct. 20, 2020, the investor went on Twitter to unload his thoughts on the famous cryptocurrency, declaring it to be the worst bubble he’d ever seen. Schiff explained that the “level of...

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#994 Grayscale Ethereum Gigant, Einfluss Bitcoin CME Futures & Peter Schiff Skandal

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 994. Im heutigen Video geht’s um folgende Themen: Grayscale der Ethereum Gigant, Einfluss von Bitcoin CME Futures auf den Preis & Bank von Peter Schiff Geldwäsche Skandal. 1.) Grayscale der Ethereum Gigant? Unternehmen kauft 2% aller ETHhttps://cryptomonday.de/grayscale-der-ethereum-gigant-unternehmen-kauft-2-aller-eth/ 2.) Closing the gap: The effect of CME Bitcoin futures on Bitcoin...

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Bitcoin Skeptic Peter Schiff’s Bank Investigated for Allegedly Serving Top Criminals

Peter Schiff may hate Bitcoin for having no value and being the money of criminals. Still, his bank Euro Pacific Capital is not without its sins either. A joint investigation by the tax authorities of Australia, the Netherlands, Canada, the United Kingdom, and the United States has Peter Schiff’s bank targeted for allegedly facilitating tax evasion and offering its services to known multinational top criminals. Screenshot of Euro Pacific Capital’s main site, with a picture of...

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#964 Weiterer Bitcoin Dump, Peter Schiff Krypto Bärenmarkt & Kasachstan investiert Rekordsumme in Krypto

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 964. Im heutigen Video geht’s um folgende Themen: Bitcoin vor dem nächsten Dump, Peter Schiff sieht Bitcoin Bärenmarkt & Kasachstan investiert Rekordsumme in Kryptowährungs-Sektor 1.) Bitcoin At Potential Risk of Breakdown Below $10,000: Here’s Whyhttps://www.newsbtc.com/2020/09/07/bitcoin-risk-of-breakdown-below-10000/ 2.) Peter Schiff: ‚I was wrong about...

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