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Topic: Peter Schiff is bearish about bitcoin (Read 147 times)

full member
Activity: 529
Merit: 101
October 13, 2018, 06:28:39 PM
#5
Peter Schiff, the CEO Of  Euro Pacific has always not been a fan of bitcoin, he believes the government will just shut it down, much in the same way they did short down silk road. Listen to his debate with Voorhees E., CEO of shift shape and you will understand why he is bearish on bitcoin. He is simply not a fan

You are right, mate. I have never heard positive words about bitcoin from him. Rather he always makes a statement to spread negativity about cryptocurrency. I stopped following him and unsubscribed his channel also. And what he saying in this video, I disagree with Mr. Peter Schiff.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
October 13, 2018, 06:05:44 PM
#4
Surprise, surprise. The guy is a gold bug who's still operating off the fallacious premise that money requires "intrinsic value" to be sustainable. It's good to entertain skeptical perspectives towards Bitcoin, but Schiff's views on money aren't compelling.

And every time I see him talk about Bitcoin, all I can see is immense butthurt in his face. The guy has a real chip on his shoulder about BTC. Cheesy
hero member
Activity: 1862
Merit: 590
October 13, 2018, 06:01:41 PM
#3
I used to listen to Peter Schiff all the time back in the late 2000's when I first got into silver but have since stopped listening to him as I know his not a big fan of Bitcoin. Mike Maloney is the one guy I pay attention to when it comes to crypto, gold and silver as he is a fan of cryptocurrencies unlike most others in his field of work.
jr. member
Activity: 336
Merit: 3
October 13, 2018, 05:56:52 PM
#2
Peter Schiff, the CEO Of  Euro Pacific has always not been a fan of bitcoin, he believes the government will just shut it down, much in the same way they did short down silk road. Listen to his debate with Voorhees E., CEO of shift shape and you will understand why he is bearish on bitcoin. He is simply not a fan
jr. member
Activity: 308
Merit: 1
October 13, 2018, 05:51:31 PM
#1
https://www.youtube.com/watch?v=t84EHhrFhy0

Skip to 15:30

I'm thinking the same thing but unfortenately I've been holding for so long now that I don't have the courage to sell.  Sad
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