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Tag Archives: Peter Schiff

Peter Schiff’s Bitcoin Bashing Is Getting Absurd

Peter Schiff is once again targeting the number one cryptocurrency. His tweets are looking ridiculous as they are no longer based on sound logic. Some bitcoin traders are using Schiff’s tweets to time a possible bitcoin rally. Peter Schiff, the self-professed bitcoin hater, has been talking trash about the king of cryptocurrencies over the last few days. The gold bug has a long history of spewing venom on the asset dubbed as digital gold. Instead of focusing on providing helpful content on...

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Peter Schiff is Right in One Thing: Bitcoin Became Uncorrelated Asset

Even though we can say that Bitcoin was one of the assets that grew almost 100% this year, it seems that Euro Pacific Capital CEO Peter Schiff doesn’t agree.In his tweet, Schiff pointed out that that Bitcoin is the only asset class that is not rallying at the moment.Bitcoin is not disappointing those who claim its true value is that it’s a non-correlated asset. Every asset class in the world is rallying into the end of the year except Bitcoin. Not sure what value this actually adds, but at...

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Peter Schiff Gets Clobbered With Facts After Spewing Hate on Bitcoin

Peter Schiff found another reason to take a shot at bitcoin. Bitcoin supporters took the gold bug’s latest criticism with a pinch of humor. There’s no denying the fact that the top cryptocurrency is the best-performing asset of the year and the decade. Peter Schiff has once again caught the attention of Crypto Twitter (CT) when he talked about bitcoin.The 56-year-old gold bug has a penchant for taking a swipe at bitcoin whenever an opportunity presents itself. On Friday, the chief executive...

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#773 BTC unter 7k, Peter Schiff glaubt BTC Halving irrelevant & Bitfinex Tether Skandal geht weiter

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 773. Heute sprechen wir über folgende Themen: Bitcoin rutscht unter 7.000 US-Dollar, Peter Schiff sieht kommendes Halving als irrelevant an & Prozess um Bitfinex und Tether geht in die nächste Runde. 1.) Bitcoin rutscht unter 7.000 US-Dollar, Anzahl der Long-Positionen nimmt trotzdem zuhttps://de.cointelegraph.com/news/bitcoin-price-drops-under-7k-but-longs-soar-after-68k-bounce 2.) BTC am Ende? – Peter...

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Bitcoin Price is Likely To Re-Test $4,400 Before Turning Bullish Again, Prominent Analyst Explains

2019 is approaching its end, and while many crypto enthusiasts have marked 2020 as the next Bitcoin bull-run, it is mostly because of the anticipated halving event.While there is a consensus that the halving will propel Bitcoin price to new highs, some analysts see the cryptocurrency visiting lower values before we can even start speaking about any possible bull-run.Bitcoin started 2019 at $3,700, skyrocketed to $13,880 on the 26th of June, retraced, surged back up, and most recently pulled...

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Bitcoin Is Up More YTD Than Gold Is in Last Decade: Pomp

Bitcoin maximalist Anthony Pompliano claims he will never bail out of his long positions. Gold cheerleader Peter Schiff likens this to a Titanic captain – loyal but misguided. Even with its recent price plunge, bitcoin is still massively outperforming gold. At What Point Will Bitcoin Maximalists Capitulate? Peter Schiff never passes up a good opportunity to roast bitcoiners. The flagship cryptocurrency’s unexpected decline in the second half of this year has not gone unnoticed...

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Peter Schiff Is Predicting Another BTC Crash

Euro Pacific Capital CEO Peter Schiff seems to think that bitcoin is likely to crash soon thanks to the downfall of marijuana stocks.Schiff: Cannabis Falls, So Bitcoin FallsSchiff explained his bearish sentiment in a tweet, writing:Many of the speculators who were buying pot stocks were also buying #bitcoin. With heavy losses in the former, perhaps they will look to realize some gains on the latter or mitigate their losses before the bottom drops out of the crypto market, too.This is one such...

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The Pot Stock Crash Will Dent Bitcoin Price, Claims Peter Schiff

Bitcoin hater Peter Schiff believes that speculators will start dumping bitcoin after the pot stock crash. The crypto asset and pot stocks do not have a correlation. Schiff’s argument stands defeated given that the two assets have entirely different characteristics. Peter Schiff doesn’t like bitcoin. He gets really happy whenever the price of the flagship cryptocurrency takes a hit. In fact, the market bear does not let go of any opportunity to take a swipe at the crypto asset, hoping that...

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Bitcoin Hater Peter Schiff Is the Gold Bug Who Cried Wolf

Peter Schiff is once again making apocalyptic bitcoin price predictions. This isn’t the first time the famous gold bug has sounded the alarm on the crypto market. Are crypto investors right to treat him like the boy who cried wolf? Peter Schiff has remained active on Twitter lately, chiming in on the Fed’s ballooning balance sheet and the sharp gold sell-off. However, another issue catching significant traction is his extremely bearish view on bitcoin. Peter Schiff: ‘Get Ready for the Dump’...

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Peter Schiff: Bitcoin’s Price Will Never Reach $100,000

Peter Schiff, a popular economist and financial broker, as well as a recognized author, has said that Bitcoin’s price will never reach $100,000. He also stated that Bitcoin’s pump is “finally over” and warned for an incoming dump.Bitcoin’s Price Will Never Reach $100,000It’s not uncommon to see quite a lot of predictions coming from a range of different people within and outside of the cryptocurrency community, especially when it comes to Bitcoin’s price. Some of them are optimistic, while...

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