My time is too valuable to watch videos like this.
He has previously called Bitcoin a "national security threat," Schiff's history is not free from criticism that continues to be leveled at Bitcoin, even though he continues to issue aggressive statements against Bitcoin, in fact the price and adoption of Bitcoin have defied his predictions. All Bitcoin supporters and investors are of course very entertained by his behavior because what he said does not correspond to the current facts.
Topic: one reason not to buy BitCoin (Read 514 times)
Investors invest in Bitcoin for all but one of two reasons. Nothing is self-sufficient you will have to take some risk. If an investor does not take this risk for investment then how can he expect to make a profit. Of course, risk has to be taken only then there will be a possibility of profit later but if money can be saved without taking risk then that money will never increase.
That is Peter Sheriff, a bitcoin critic. I am not interested.
I guess his mind reset to factory settings after the USA presidential election.
That's the greatest analogy so far
What I don't understand is how Peter Schiff does not see the fact that gold went from money (medium of exchange) to "store of value" and that Bitcoin is just doing the same thing (going from digital money to digital store of value) but with quicker & better. Either he does see it and simply does not want to say it (because of his bias towards gold) or he's just not paying attention to what is happening into the world or peter is fighting for his company and the gold industry
as a whole that clearly threatened by Bitcoin because of new store of value ?
One of his angers is from how Bitcoin, which is not backed up by anything, can attain such heights. It's crazy to him, and as an economist, he doesn't believe in such theories. A long time ago, Bitcoin should have been dead, but seeing the currency still this active annoys him a lot.as a whole that clearly threatened by Bitcoin because of new store of value ?
That is Peter Sheriff, a bitcoin critic. I am not interested.
I guess his mind reset to factory settings after the USA presidential election.
What I don't understand is how Peter Schiff does not see the fact that gold went from money (medium of exchange) to "store of value" and that Bitcoin is just doing the same thing (going from digital money to digital store of value) but with quicker & better. Either he does see it and simply does not want to say it (because of his bias towards gold) or he's just not paying attention to what is happening into the world or peter is fighting for his company and the gold industry
as a whole that clearly threatened by Bitcoin because of new store of value ?
Peter Schiff Knows exactly what he's doing; he knows where Bitcoin is going, and he sees it as a threat to his business and wealth. He just doesn't want to admit to the fact that we have a season for everything. He should be lucky that everything has its place and Bitcoin is just doing Bitcoin. as a whole that clearly threatened by Bitcoin because of new store of value ?
One of his angers is from how Bitcoin, which is not backed up by anything, can attain such heights. It's crazy to him, and as an economist, he doesn't believe in such theories. A long time ago, Bitcoin should have been dead, but seeing the currency still this active annoys him a lot.
Peter totally knows he's wrong regarding BTC, but can't publicly back down now, having had such a consistently negative outlook on BTC for soooo long. A man with such extensive market knowledge and experience can't have watched the BTC market trend over the last decade, and not invested, (or at least hedged a bit,) into the fastest appreciating asset of all time, surely? It's likely he's been stacking sats for years, but will never admit it. Either that, or he's really not as bright as he makes out...
What I don't understand is how Peter Schiff does not see the fact that gold went from money (medium of exchange) to "store of value" and that Bitcoin is just doing the same thing (going from digital money to digital store of value) but with quicker & better. Either he does see it and simply does not want to say it (because of his bias towards gold) or he's just not paying attention to what is happening into the world or peter is fighting for his company and the gold industry
as a whole that clearly threatened by Bitcoin because of new store of value ?
Peter Schiff Knows exactly what he's doing; he knows where Bitcoin is going, and he sees it as a threat to his business and wealth. He just doesn't want to admit to the fact that we have a season for everything. He should be lucky that everything has its place and Bitcoin is just doing Bitcoin. as a whole that clearly threatened by Bitcoin because of new store of value ?
One of his angers is from how Bitcoin, which is not backed up by anything, can attain such heights. It's crazy to him, and as an economist, he doesn't believe in such theories. A long time ago, Bitcoin should have been dead, but seeing the currency still this active annoys him a lot.
An interesting but short read
Did you just call that interesting, maybe you are yet to discover that we have two categories of people, the first one are the types that will be in support of bitcoin and always find means of encouraging others to benefit from the same opportunity they are enjoying from it, while the second one are the critics, they can only publish fake ideas and motions about bitcoin just to discourage others from adoption, that is why its important that we should not believe on everything e see online.
He also called a 20 minute long video "short" and wrote bitcoin as "BitCoin" which alone should tell you a lot about the kind of person you're dealing with
Schiff is just sad, but his strategy is good. Talking shit about bitcoin put him in the news more than once, so why should he stop? It's good for business.
I honestly see no reasons not to buy bitcoin. If I had to think of one, you shouldn't buy it if you're poor and running out of money. Don't buy bitcoin with your last money, or when you have important expenses like debts to pay.
anyway, the guy is a gold shill so I don't expect him to support or say anything good about bitcoin.
I don't know if he understands that he can be so into gold without criticizing BTC to push some of his wrong points, many bitcoiners even recommend that people diversify their funds into gold. In the video he was mad that the fed chairman called BTC digital gold, which is funny if you think about it, Peter Schiff can try all he wants to push his hatred for BTC to others, but i am sure anyone with even half of a brain would not take what he says about BTC seriously.To me, I had thought that all bitcoin critics would be muted this time around that bitcoin had eventually made 100,000 but it seems that they are all unrepentant and they will keep pushing in vain
Honestly, I'm not interested in watching that very long video because I already know what he wants to talk about, he keeps hating bitcoin and even badmouthing bitcoin because he is a gold trader. So watching what he talks about will be a waste of time, if you look at his history, he often badmouths bitcoin, meaning there is no point in watching him talk.
If I'm not mistaken, he also focuses on social media, even in the social media thread he created, he called bitcoin a national security threat because of its frequent misuse to bribe the government. He also even added that bitcoin is a form of waste of money. But I think he talks like that or keeps making aggressive statements like that just to seek sensation from the development of bitcoin. because in fact the price of bitcoin and the adoption of Bitcoin have contradicted his own statement. But whatever it is, just consider his statement as a laughing stock for us.
If I'm not mistaken, he also focuses on social media, even in the social media thread he created, he called bitcoin a national security threat because of its frequent misuse to bribe the government. He also even added that bitcoin is a form of waste of money. But I think he talks like that or keeps making aggressive statements like that just to seek sensation from the development of bitcoin. because in fact the price of bitcoin and the adoption of Bitcoin have contradicted his own statement. But whatever it is, just consider his statement as a laughing stock for us.
An interesting but short read
Did you just call that interesting, maybe you are yet to discover that we have two categories of people, the first one are the types that will be in support of bitcoin and always find means of encouraging others to benefit from the same opportunity they are enjoying from it, while the second one are the critics, they can only publish fake ideas and motions about bitcoin just to discourage others from adoption, that is why its important that we should not believe on everything e see online.
What I don't understand is how Peter Schiff does not see the fact that gold went from money (medium of exchange) to "store of value" and that Bitcoin is just doing the same thing (going from digital money to digital store of value) but with quicker & better. Either he does see it and simply does not want to say it (because of his bias towards gold) or he's just not paying attention to what is happening into the world or peter is fighting for his company and the gold industry
as a whole that clearly threatened by Bitcoin because of new store of value ?
as a whole that clearly threatened by Bitcoin because of new store of value ?
Only dumb people will listen to Peter Schiff and take his advice which means they are little kids that don't know what they want for themselves.
We are all newbies at one point in life, my friend. Calling new-learners dumb for haven't gotten exposed to Information about Bitcoin is quite harsh, isn't it? Not all people are surrounded by good environment and friends who trust in Bitcoin. Those so called critics often trying to prevent these newbies to not buy Bitcoin by indoctrinating them somehow. Imagine someone who are new in Bitcoin, they are considering to buy Bitcoin but unintentionally found a guy like Peter Schiff talk bad about Bitcoin on television, this might alter their own decision.Agreed. And then we have Warren Buffet, one of the richest billionaires that has always been anti-crypto.
Only dumb people will listen to Peter Schiff and take his advice which means they are little kids that don't know what they want for themselves.
We are all newbies at one point in life, my friend. Calling new-learners dumb for haven't gotten exposed to Information about Bitcoin is quite harsh, isn't it? Not all people are surrounded by good environment and friends who trust in Bitcoin. Those so called critics often trying to prevent these newbies to not buy Bitcoin by indoctrinating them somehow. Imagine someone who are new in Bitcoin, they are considering to buy Bitcoin but unintentionally found a guy like Peter Schiff talk bad about Bitcoin on television, this might alter their own decision. Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?
Heard the same thing about Buffett - can't deny or prove it, just like everybody else.
But I would be happy for him to be into BTC for real, but only to himself.
In the early stage - he wouldn't do such a post because BTC was not that known at that time.
If it weren't for BTC - another coin would take its place.
The worst thing is that if he really believes in what he thinks because, of course, by our knowledge and standards - he is wrong, yet we wouldn't want to prove anything to him due to how stubborn he is.
Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?
Heard the same thing about Buffett - can't deny or prove it, just like everybody else.
But I would be happy for him to be into BTC for real, but only to himself.
Sorry, but I'm not spending a second watching another Peter Schiff.
Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?
Heard the same thing about Buffett - can't deny or prove it, just like everybody else.
But I would be happy for him to be into BTC for real, but only to himself.
Sorry, but I'm not spending a second watching another Peter Schiff.
Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?
Do you believe that guy? Look what happen to people still doubt about bitcoin, they had been left behind. But look at those institutions and particularly the country who adapt bitcoin. They are reaping good profits for what Bitcoin has reached by now.
Its your choice if you follow the opinion of those critics since its expected that he or they doesn't have anything positive to say about bitcoin.
Also no one really cares about his opinion here.
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