Peter Schiff Mocks Bitcoin: ‘Santa Gave You Guys A Rally To Sell Into’
https://www.benzinga.com/crypto/cryptocurrency/25/12/49596341/peter-schiff-mocks-bitcoin-santa-gave-you-guys-a-rally-to-sell-into?amp;utm_campaign=partner_feed&utm_medium=referral
Posted by KIG45
16 Comments
tldr; Peter Schiff criticized Bitcoin’s recent performance, mocking what he called a failed ‘crypto Christmas’ as Bitcoin stalled while gold and silver climbed. He suggested selling Bitcoin and buying silver, arguing Bitcoin has lost value relative to gold and silver over the past four years. Schiff claimed Bitcoin has no upside left and predicted its decline, stating the remaining buyers are already in. He also criticized commentators promoting Bitcoin, asserting they misunderstand both gold and crypto.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ngl Peter Schiff does have valid points and his mocking of BTC cult and Saylor is hilarious but at same time this same guy that said BTC wouldn’t exceed 1k Usd so it is what it is. Also he been predicting market crash every year the last 10 years so had yhou listened to him you would been fukked
I can’t wait till someone pulls a huge gold nugget back from space. Shifty will shit himself. Sure seems like he spends a lot of time talking about something he is sure is going to fail and has been wrong about countless times. The guy wasn’t even sure if he was handed his precious metal or a fake. Proves the verifiable benefit of BTC no master required.
Crypto bros keep needling him. Now he has the chance to get a few shots in.
He’s not wrong
It’s called a range.
He is gonna mock us at the bear market low and at a bull market top.
Who tf cares.
Jokes on him, we ride this train to zero.
These guys always end up eating their words. BTC has increased in price almost 10x faster than gold over the past 7 years.
BTC has a fixed supply. Gold is scarce but the supply cap is largely unknown.
If and when we return to some kind of semi-stable economy, gold will most likely pull back and stay there.
Sold all my btc on Jan 1, 2018 because it crashed. Felt bad and later that year bought back with discount. Dropped more.
Bla bla bla. It’s 2025, I’m 30 years old, retired, and if my 1 year old daughter gives me grand kids in the future they can enjoy 2-3 generations of wealth at the current price.
Peter Schiff can suck my stiff
I listened to his advice. I sold all my Bitcoin when it was around 116,000 and bought PaxG. Now, I couldn’t be happier and I don’t think I’ll ever go back to owning BTC after this
How many people mocked bitcoin before when it was low ? I’m curious, why is bitcoin mocked now after being lower back in April , then where It stands now ?
and you giving this attention whore what he wants
Even a blind squirrel busts a nut sometimes
Edit: FINDS!!!!!! Finds a nut! Damn autocorrect, altho it isnt wrong lol
The broken clock strikes again.
Laugh it up. Once they start mining asteroids we will see who’s laughing