Tag Archives: Peter Schiff

Fear, uncertainty, and doubt are causing the global community at large to panic over the potential implications of the coronavirus. The chairman of Virgin Galactic Chamath Palihapitiya believes that in the current situation it would be sensible to keep 1% of assets in Bitcoin.We were already writing numerous times how Bitcoin (together with other cryptocurrencies) is a good asset to have when things are going rough. Nowadays, we are witnessing, not just geopolitical tensions between the...

Warren Buffett stated in an interview that Bitcoin and other crypto have no value. He didn’t change his opinion even though Justin Sun claimed to have given him some crypto assets after the lunch they had together.Warren Buffett claimed crypto including Bitcoin has no value, which is the main reason he does not own any and never will. His sentiments were taken strongly by the crypto community that thought he had changed his mind after spending a lunch meeting with Tron Foundation CEO Justin...

Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble. Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first. Here’s why Peter Schiff’s wrong this time. Peter Schiff’s views on bitcoin are fascinating. He riled up both sides of the bitcoin vs. gold debate among U.S. dollar skeptics this weekend with this taunting question: Source:...

Brendan Blumer, the CEO of Block.one – the publisher of EOS, has said that Bitcoin isn’t money and that it never will be. However, he believes that it’s the “next generation of gold.” His tweets came as a response to Peter Schiff, who once again bashed Bitcoin.Bitcoin Is The “Next Generation Of Gold”Brendan Blumer is the CEO of Block.one – a private company, publisher of EOS. Taking his thoughts to Twitter, he outlined that Bitcoin isn’t money and that it never will be. On the contrary, he...

When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell.We need a healthy pull back. Too much hype about #bitcoin halving and altseason. Too much dumb money re-entering shitcoins. Looking for $7200. It takes time for halving to propogate and market to react. Maybe 6-7 months. Only my opinion. What...

Even though Peter Schiff’s lost bitcoins saga has been resolved, for now, it continues to attract the attention of the cryptocurrency community.The CEO of Binance, Changpeng Zhao (CZ), recently noted that Schiff helps Bitcoin as his negativism will push people to do the opposite of what Schiff trying to express.CZ On Schiff’s Lost Bitcoin DramaSchiff’s recent issues with his lost bitcoins became viral in social media, where the cryptocurrency community reacted quickly by implying that his...

Peter Schiff admits that he mistook his PIN for his password. It’s very unlikely that the gold bug never knew his password and PIN. Schiff is getting thousands of engagements while running a smear campaign against bitcoin at no cost. On Sunday, outspoken bitcoin-hater Peter Schiff took to Twitter to share an outrageous claim. According to the gold bug, he lost all of his bitcoin because his Blockchain wallet forgot his password. Of course, Crypto Twitter (CT) had a...

Yesterday, Live Bitcoin News reported that Peter Schiff – a longtime bitcoin skeptic and advocate of gold – was claiming that his cryptocurrency wallet had been corrupted. That his password was no longer working and that he could no longer access his funds.Is Peter Schiff Wrong?However, several analysts are emerging to state that Schiff’s words are not true; that he simply forgot his password and failed to back up his crypto stash.Schiff has often spoken negatively of bitcoin, which led many...

Peter Schiff – a longtime bitcoin skeptic – claims that his digital wallet was somehow compromised; that his password is no longer valid, and all his cryptocurrency funds are frozen.Peter Schiff – All My BTC Is Gone!It’s strange that Schiff owns any bitcoin at all. The man has long claimed that bitcoin is useless, even more useless than marijuana in a recent interview. He previously stated:You can smoke pot and get high. You can’t do anything with bitcoin.The man has long been a hardcore...

Changpeng Zhao advocated for storing your crypto assets on a trusted centralized exchange after Peter Schiff lost access to his BTC holdings. Last year, Binance was hacked but the exchange covered all losses. There are still numerous reasons why you should store your own coins. Not your keys, not your coin. This is a phrase commonly tweeted by hardcore crypto investors. It means that if you don’t control the keys of the wallet, you don’t control the cryptocurrency....