Tag Archives: Peter Schiff

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...

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...

Spencer Schiff, the son of the well-known economist, gold-bug, and permanent Bitcoin basher Peter Schiff, recently purchased an undisclosed amount of BTC.Aside from criticizing the primary cryptocurrency once again, his father prompted the community to send Spencer a belated birthday present, not in gold but in BTC.Schiff Jr. Appreciates Bitcoin, Unlike His Dad?Spencer Schiff, who recently turned eighteen, seems to follow his dad’s footsteps in finance, as Schiff Senior is a prominent...

The well-known economist and gold proponent, Peter Schiff, commented on the recent increase in the price of silver, saying that the metal has essentially become “the new Bitcoin.”The latter, on the other hand, has been particularly stable. Yesterday, the price gained just shy of two percent, which was the most action Bitcoin saw in quite a bit of time.Silver is the New Bitcoin, Says Peter SchiffPeter Schiff, a renowned economist, and author, has never kept it a secret that he’s no fan of...

A new bitcoin-related survey conducted by longtime crypto skeptic Peter Schiff suggests that most people in the crypto space are hodlers, or rather people looking to keep their bitcoin for the long term rather than give it up too early.Bitcoin Has Become Much More PopularThe survey conducted asked participants if they were willing to give their coins up or sell them granted the price of bitcoin stayed below the $10,000 mark. A surprising 58 percent – well over the halfway point – said “no,”...

A recent poll by the popular gold proponent Peter Schiff indicated that most of his followers believe that the price of the bullion will never surpass Bitcoin’s.One BTC > Ounce Of GoldPeter Schiff is a prominent US economist and a famous gold-bug. However, he is also a well-known Bitcoin basher and rarely misses an opportunity to lash out against the primary cryptocurrency.He recently published a rather compelling poll on his personal Twitter account, asking, “how long do you think it will...

Gold’s price reached an 8-year high this week, and a Goldman Sachs projection sees the precious metal to continue rising in the next twelve months to $2,000 per troy ounce.At the same time, famous gold-bug Peter Schiff believes its price could reach a new all-time high even before the end of the year, especially if President Trump loses the election.Goldman Sachs Bullish on GoldWhile the giant multinational investment bank recently seemed somewhat pessimistic regarding Bitcoin’s role in the...

The CEO of SchiffGold, Peter Schiff, responded to claims by RT news host Max Keiser that he would end up panic-buying Bitcoin when its price hits $50,000. Schiff suggested Bitcoin’s dollar value would drop as low as zero – although implied Keiser might consider selling at $2,000.Shortly afterward, Bitcoin developer and Blockstream CEO, Adam Back, jumped in to claim that Bitcoin will one-day “flippen” the market cap of gold. In the meantime, says Back, it makes sense for goldbugs to allocate...

According to a new publication of the Federal Reserve Bank of New York, Bitcoin is not a new type of money. The authors argue that it’s a new type of exchange mechanism, capable of supporting money transfer.The well-known economist and author Peter Schiff backed up the claims, reiterating that once savers lose confidence in it, they will return to gold.Bitcoin is Not a New Type of Money, Fed SaysAccording to Bitcoin’s whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, BTC is a...

Grayscale Investments asserted that amid the current economic uncertainty prompted by the latest governments’ actions to print lots of money, institutional investors turn to Bitcoin and other cryptocurrencies looking for a potential hedge against inflation.BTC And Crypto To Serve As HedgeOne of the world’s leading digital asset management companies recently posted on Twitter their views regarding the current financial situation and the role of cryptocurrencies in it:“As we’ve closely...