Schiff gave anyone reading his Twitter account in March “maximum opportunity” to profit, a popular trader says as Bitcoin tops $17,000. The Bitcoin (BTC) price bottomed at exactly the point that gold bug Peter Schiff said that it would crash further — and proponents are reminding him of his mistake. Retweeting a now infamous Twitter…
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Does an extortion attempt from Russian hackers explain Schiff’s hatred for Bitcoin? This morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. According to reporting from Australian newspaper The Age and The New York Times, the J5 — a joint task…
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It all goes horribly wrong for Peter Schiff, as Twitter rejects his advice in favor of his college freshman son’s wisdom. The vast majority of Twitter users trust 18-year-old Spencer Schiff’s investment advice over that of his father, Peter Schiff — a renowned gold bug and Bitcoin critic. “Against my advice my son just bought…
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The gold bug still thinks Bitcoin’s drop to $10K indicates a bear market. Gold bug Peter Schiff, who has often spoken out against Bitcoin, may be admitting that there’s at least some flaw in his predictions after acknowledging the coin did not “collapse” as gold rose to a new all-time high last month. In a…
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Peter Schiff is back at it again. Peter Schiff, a popular mainstream financial commentator and gold advocate, recently told people to send Bitcoin (BTC) to his 18-year-old son. “Since so many of you Bitcoin guys are ribbing me because my son [Spencer Schiff] bought Bitcoin, why not really rub it in by gifting him some…
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Schiff makes some controversial assertions about gold’s prowess as mainstream interest in both gold and Bitcoin surges. Bitcoin (BTC) loses to gold when it comes to how easy it is to transport and confiscate, says Peter Schiff. In a tweet on July 29, the gold bug and infamous Bitcoin skeptic claimed that it was easier…
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Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit. A known gold enthusiast, financial commentator Peter Schiff said Bitcoin (BTC) holders are not actually looking to the asset as a storage of wealth — one…
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Top analysts often make wild Bitcoin price predictions, while BTC options implied volatility produces conservative estimates. Which group fared better? Since Bitcoin (BTC) price rallied above $19,000 in 2017, crypto analysts have issued an amazingly wide range of price predictions on the date and value of the next all-time high or low. Sometimes these predictions…
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Almost 60% of 13,000 people say they will “hodl” Bitcoin to the grave if the BTC price fails to trade above $10,000. Bitcoin (BTC) has succeeded in trolling infamous skeptic Peter Schiff as another attempt to discredit investors falls flat. In a fresh Twitter survey on July 14, Schiff asked how long BTC/USD should trade…
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A huge corruption scandal involving Chinese loans backed by fake gold is pressuring its supporters to defend it against unforgeable Bitcoin. The Bitcoin (BTC) versus gold debate rages on this week as reports reveal fake bars fuelled a $2.8 billion corruption scheme. As Chinese media outlet Caixin reported on June 29 via Nikkei, a loans…
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