Financial analyst Peter Schiff criticizes Bitcoin’s stability as Gold soars
Economist Peter Schiff illustrated the negative side of Bitcoin’s stability with a warning that this could lead to a sharp decline in its market values. Schiff, as per his observations, shows that even the present streak of Bitcoin with the inability to hold $60,000 indicates that the “fringe crypto narrative/idea” is about to end. Meanwhile, […]
Crypto analyst Peter Schiff warns of Bitcoin ETF vulnerability in case of Bitcoin sell-off
The crypto exchange had a downturn following Iran missile and drone attack on Israel.The free fall was noticed especially in the market of Bitcoin. It sparked a debate over the challenges of digital currencies investments, among others liquidity when the US investors cannot trade Bitcoin at this time. Peter Schiff highlights Bitcoin ETF low trading […]
Renowned economist Peter Schiff warns of Bitcoin crash, recommends Gold and Silver
American economist Peter Schiff, however, still has a disputing view on Bitcoin, which clearly states that what you can get back by selling Bitcoin should be put into gold and silver instead. Schiff has been a contrarian almost all his life and is known to be skeptical of Bitcoin, which was soaring like a meteor. […]
Peter Schiff sparks debate: Bitcoin ETFs’ U.S. hours limit liquidity
Gold advocate Peter Schiff has once again stirred controversy within the cryptocurrency community by highlighting what he perceives as a significant flaw in Bitcoin exchange-traded Funds (ETFs). Schiff pointed out that, unlike the 24/7 global operation of the Bitcoin market, the liquidity of Bitcoin ETFs is limited to U.S. market hours. This limitation becomes apparent […]
Gold guru Peter Schiff’s Bitcoin u-turn: From critic to regretful observer
Renowned gold proponent Peter Schiff, known for his vocal criticisms of Bitcoin, has recently admitted to regretting not investing in the cryptocurrency when it was in its infancy. Schiff, who once labeled Bitcoin as a “pure ponzi,” now acknowledges that he missed out on a potentially lucrative opportunity. Schiff’s Bitcoin regrets missed opportunity and continued […]
Peter Schiff calls for balanced coverage between Gold and Bitcoin
Peter Schiff, a vocal critic of cryptocurrencies, accused CNBC of disproportionately focusing on Bitcoin and its newly introduced exchange-traded funds (ETFs), while neglecting significant developments in the gold market. Schiff highlighted that CNBC failed to adequately cover a substantial $43 increase in gold prices and the record-high performance of the gold ETF, GLD. According to […]
Nayib Bukele to Bitcoin Critic Peter Schiff: “Cry harder 😘”
Nayib Bukele, the president of El Salvador, recently responded to prominent Bitcoin critic Peter Schiff with a provocative message: “Cry harder 😘.” Schiff, known for his skepticism towards Bitcoin, faced backlash after criticizing Nayib Bukele’s decision to embrace Bitcoin as legal tender in El Salvador. Nayib Bukele’s response reflects his unwavering support for Bitcoin and […]
US inflation: Peter Schiff’s analysis
Renowned financial analyst Peter Schiff recently provided a comprehensive analysis of the current state of US inflation, its impact on the gold market, and the dynamics surrounding Bitcoin ETFs. Schiff, known for his critical stance on prevailing economic policies, expressed significant concerns regarding the surge in US inflation rates, which have exceeded expectations. Inflation concerns […]
Peter Schiff challenges SEC authority on dealer registration
Peter Schiff, a well-known financial commentator and critic of Bitcoin, has voiced strong opposition to the recent regulations passed by the Securities and Exchange Commission (SEC) affecting market participants in the cryptocurrency and securities sectors. The SEC’s new rules mandate individuals and entities involved in substantial trading activities, including those dealing with crypto assets and […]
Bitcoin’s potential surge to $10M tied to Dollar’s fate, says Peter Schiff
In a recent statement, economist Peter Schiff has put forward a bold prediction about Bitcoin, suggesting a possible surge to $10 million. However, this comes with a significant caveat, linking its potential rise to a hypothetical collapse of the U.S. dollar. Schiff’s analysis: A conditional Bitcoin surge Schiff parallels Germany’s 1921-1923 hyperinflation, proposing that BTC […]
Peter Schiff goes after Bitcoin investors for the coins’ comparison to gold
The debate between traditional assets and emerging digital currencies has intensified, drawing attention from prominent figures in the financial world. One such figure is Peter Schiff, a well-known economist, financial commentator, and stockbroker who has consistently expressed skepticism toward Bitcoin. In recent times, Schiff has not only criticized the crypto itself but has also taken […]
Charles Hoskinson engages in Bitcoin ETF dialogue with Peter Schiff
Charles Hoskinson, the founder of Cardano, and Peter Schiff, a well-known Bitcoin critic, have publicly voiced contrasting views on the matter. This debate is occurring against the backdrop of the United States Securities and Exchange Commission (SEC) considering the approval of such an ETF, which has significant implications for the cryptocurrency market. Charles Hoskinson addresses […]
Why Peter Schiff thinks USD is about to crash like never before
Renowned economist Peter Schiff has recently voiced a stark prediction: the USD is on the brink of a historic crash. Amid the shifting global economic landscape, particularly with the de-dollarization efforts of the BRICS alliance, Schiff’s prognosis for the dollar paints a rather grim picture. Taking to social media, he boldly declared that the USD […]
Peter Schiff claims Fed’s inflation battle is doomed
In a world where economics takes center stage, the art of forecasting is invaluable. But what happens when those predictions signal doom? Peter Schiff, an esteemed economist, has ventured to make such a daring prophecy. He firmly asserts that the Federal Reserve’s battle against inflation is not only a losing endeavor but is already lost. […]
Changpeng Zhao applauds Schiff’s unexpected crypto conversion
In a recent lighthearted tweet, CZ, the well-known figure in the cryptocurrency industry, expressed his delight at Peter Schiff’s unexpected conversion. Schiff, who has long been a vocal critic of Bitcoin and cryptocurrencies, surprised many by announcing his involvement in a new project centered around NFT art on the Bitcoin blockchain. The project involves collaborating […]
Peter Schiff forecasts an economic storm on the horizon
Economist Peter Schiff, renowned for his acumen and known for not mincing words, has once again sent tremors through the financial sector. In a recent interview on First TV’s I’m Right with Jesse Kelly, Schiff, the best-selling author and chief economist of Europac, delivered a chilling forecast of the US economy – the onset of […]
Peter Schiff says 2023 will be far worse than 2022 for the crypto market
Peter Schiff, a prominent figure who has been critical of cryptocurrencies for a long time, has returned with a new forecast. According to the economist, crypto investors who have had a difficult year in 2022 should brace themselves for an even more unpleasant year in 2023, when the values of cryptocurrencies are going to fall […]
SBF in book talks with Big Short writer, Peter Schiff says it’ll be made from lies
According to a report from the New York Post, the most despised person in the cryptocurrency world, Sam Bankman-Fried “SBF”, seems to be turning his crypto saga into a blockbuster with the assistance of a top writer who penned the nonfiction book that was turned into the Hollywood hit known as The Big Short, and a lot of […]
Peter Schiff adamant, says Bitcoin still a bubble even at $50K
TL;DR Breakdown Schiff believes Bitcoin bubble would burst eventually. Bitcoin currently trades at $50,000. Popular Bitcoin naysayer, Peter Schiff despite admitting his predictions about Bitcoin not hitting $50k were wrong, still believes that Bitcoin is a bubble that would eventually burst in the near future. Peter Schiff who is more of a gold proponent explained […]
Crypto critic Peter Schiff admits he was wrong about Bitcoin
Popular American stockbroker, Peter Schiff known to be a crypto critic admitted that there are issues in his prediction when he acknowledged that the crypto king did not collapse with gold hitting a new all-time high in August. However, Schiff is of the opinion that Bitcoin’s price recent fall to $10K points to a bear […]
Peter Schiff trolls Bitcoin again after silver price surges
Popular Bitcoin critic and gold enthusiast, Peter Schiff has again attacked BTC for not being able to beat Silver at its intraday gains. Schiff said Silver is the new Bitcoin and believes the metal’s price rise would be short-lived. He condemned the metal by calling it the new Bitcoin. Peter Schiff came for Bitcoin primarily […]
Bitcoin holders ready to die holding their crypto if price remains below 10k
58 percent of Bitcoin holders in a survey carried out by crypto critic, and venture capitalist Peter Schiff revealed they are ready to die with their digital asset for how long it stays below 10k. Schiff conducted the pool on Twitter asking BTC holders how “much longer does the price of bitcoin have to stay […]
Peter Schiff once again mocks Bitcoin HODLers
Peter Schiff, the eternal Bitcoin critic, has once again slammed Bitcoin HODLers for expecting high returns from their crypto investments. Just like any other financial instrument, crypto has its fair share of critics. Numerous financial magnates, including veterans, have long questioned the efficacy of digital assets. Since hitting its high in June of last year […]
Peter Schiff: The lie is that you can buy stuff with Bitcoin
Peter Schiff, warned the United States residents about the high chance of facing recession after the pandemic, and how it best places Joe Biden in a better position to wallop Donald Trump, the current US president. However, this was later followed up with a response that claimed Bitcoin and crypto marketing is a gimmick. The […]
Peter Schiff fumes as 12-year-old purchases Bitcoin
Popular stockbroker and economist Peter Schiff, who is also crypto skeptic, has expressed displeasure over a young girl who has bought Bitcoin with all her cash. It all began when Jason A. Williams, a Morgan Creek Digital co-founder, tweeted that he has helped his young 12-year-old daughter buy Bitcoin at her request. The tweet followed […]
Bitcoin and Ethereum among worst performing assets of 2020, report
Bitcoin and Ethereum might be of the most popular cryptocurrencies known today; however, according to the recent statistics published by crypto analyst Larry Cermak, the two are not only among the worst-performing assets until now but second only to oil – an asset that’s witnessing a most significant drop in price since 1991. Times are […]
