Tag Archives: Peter Schiff

Who would have ever thought that bitcoin could be the cause of so many riffs in families? A big one is occurring between father and son… A master investor and his likely protégé. The fight involves Peter Schiff, a known bitcoin hater, and his son Spencer Schiff, who is now going against his father’s words and investing all his funds into the world’s number one digital currency by market cap. Peter Schiff Is Not Happy About His Son’s BTC Investments The world of...

Peter Schiff tweeted today that his son, Spencer Schiff, went all-in on Bitcoin during the last drop below $50,000. According to his father, a full 100% of his portfolio is now invested in Bitcoin. The elder Schiff has been a long-time Bitcoin detractor. However, his child’s interest in cryptocurrencies may expose him to some new ideas.Selling Silver For BitcoinMany long-time followers of the cryptocurrency industry know Peter Schiff as a public Bitcoin bear, consistently in the news talking...

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...

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...

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...

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...

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...

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...

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...

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...