one reason not to buy BitCoin - page 3.

acroman08

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Quote from: ? on December 07, 2024, 04:32:55 PM

An interesting but short read

can't you give a summary of what he is talking about here? I am not spending 20 minutes of my time watching and listening to Peter Schiff and AI's voice. since you seem to be a fan of the guy I'm sure you've watched the video so you can give us the summary.

anyway, the guy is a gold shill so I don't expect him to support or say anything good about bitcoin.

bigmanik

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Quote from: mirakal on December 07, 2024, 06:21:57 PM

Of course, he is a strong advocate for silver and gold, so he will never promote bitcoin no matter what.

I understand the fact that he's indeed a strong advocate for silver and gold
If he's not going to promote Bitcoin, then he shouldn't talk down on it
Just let it be
But he keeps saying negative things about bitcoin, and it gets to my nerve every time
Well I will take it that he sees bitcoin as a competition for gold and thats why he keeps up with these nonsense

mirakal

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Of course, he is a strong advocate of silver and gold, so he will never promote bitcoin no matter what. And if you listen to his video, you will never hear but only negative critics for bitcoin, so I won’t be interested in him as well. Bitcoin is the future, let’s just accept it. Bitcoin will be here for good, regardless of its high volatility. There’s no reason not to buy bitcoin, unless if you don’t have sufficient funds or you can’t afford taking risk such volatile investments.

Victorybit1

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Quote from: BlackHatCoiner on December 07, 2024, 05:12:49 PM

Sorry, but I'm not spending a second watching another Peter Schiff.

There's, however, one thing that I give it to him. All of these terrible arguments he's presented throughout the years have actually created him a whole business. Peter Schiff has built an entire name around the Bitcoin space. He's made fortune from all the goldbugs he's attracted since 2010.

A lot of bitcoiners see him as a fool, but he's actually one big, smart actor doing his smart business.

He is not the only one doing this and maybe in real life he might not even be a Bitcoin hater all that much as he tend to use it to build a name and a business for himself of which he has done well and like you said enjoying the benefits of his business. But on a general note, if one really knows Bitcoin then any talks or shenanigans shouldn't have to change your view towards Bitcoin.

nelson4lov

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Why should I care about his opinion about Bitcoin? Tbh, my life changed the day I learnt about Bitcoin from this forum and decided to take part in it. I'm no going to let someone like Peter Schiff tell me about his own biased opinion about Bitcoin and take it to heart.

Quote from: BlackHatCoiner on December 07, 2024, 05:12:49 PM

~Snipped
[...]

A lot of bitcoiners see him as a fool, but he's actually one big, smart actor doing his smart business.

He is doing so out of the expense of people that are gullible enough to follow his advices and biases. It's definitely not going to be me because I know Bitcoin and I know better.

It's an interesting niche and everyone has to find theirs and do right by themselves.

bigmanik

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Quote from: ? on December 07, 2024, 04:32:55 PM

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

It's from Peter Sheriff What else do you expect from an attention seeking human with extremely low IQ

He is one of the most ignorant humans to walk the face of the earth
It's so funny because a lot of people who actually cristised Bitcoin back in the day came back to admit they were wrong, but he still keeps being ignorant and dumb

At this point, I believe he's just doing because of the attention je gets from Bitcoiners

Z-tight

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I watched nearly all of the 20 mins video, i think i actually stopped at 15 minutes, because up until that point he hadn't made any valuable point i could pick out as a reason not to buy BTC. He just kept going round in circles about what Jerome Powell said about BTC and how he thinks he's wrong, bla bla bla. It is actually fun watching people like Schiff try so hard to be negative about BTC, but struggle at valid reasons to push their agenda.

Orpichukwu

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Quote from: _act_ on December 07, 2024, 04:40:56 PM

That is Peter Sheriff, a bitcoin critic. I am not interested.

Just as expected, all his preachings are just against Bitcoin and criticising it, saying how Bitcoin can't help pay the trillions of dollars of debt that the US government owes. It's nothing far from what we expect from him. But the interesting part of the whole thing is the comment section.

It's clear that he's a good financial expert, but when it comes to bitcoin, he gets it all wrong. There's a statement in the comment section that says, "If he had bought bitcoin just 5 years ago when the price was still below $10000, by now the profit would have given him enough money to buy as much metal as he wants and stock. Now is a digital era. The world has far grown past the age where only gold and silver were regarded as the ultimate.

BlackHatCoiner

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Farewell, Leo

Sorry, but I'm not spending a second watching another Peter Schiff.

There's, however, one thing that I give it to him. All of these terrible arguments he's presented throughout the years have actually created him a whole business. Peter Schiff has built an entire name around the Bitcoin space. He's made fortune from all the goldbugs he's attracted since 2010.

A lot of bitcoiners see him as a fool, but he's actually one big, smart actor doing his smart business.

Callido

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Quote from: ? on December 07, 2024, 04:32:55 PM

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

If the above users are not interested in going through the video then i myself should not be willing to do same. I don't think it will be needful neither interesting to watch since it is contrarily to what and my reasons of being in here. Bitcoin critic? i don't want those bad flows, i need to hear well befitted stories to motivate me and not try to put me below standards.

BIT-BENDER

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Quote from: ? on December 07, 2024, 04:32:55 PM

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

No that's not interesting to me. Many people are trying to take advantage of Bitcoin popularity to chase cheap publicity that's a cowardly act.
As a Crypto-currency enthusiasts you should be able to make decisions by yourself after you must have done your research and also be accountable for your decisions you don't need anyone telling what to do.

_act_

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Lightning network is good with small amount of BTC

That is Peter Sheriff, a bitcoin critic. I am not interested.

?

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An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

Topic: one reason not to buy BitCoin - page 3. (Read 514 times)