Topic: PETER SCHIFF WAS RIGHT: Again... If Bitcoin does not go up on good news.... (Read 898 times)

The question is:  When BitCoin crashes again, and Gold goes way up in price, and PETER SCHIFF is proven right...

Will YOU and others like you here be man enough to come back here and admit you were wrong ?

Hard Facts

Hard is a bit like a Coelacanth, a breed who we thought were long extinct and then one day they pop up again out of nowhere. Living fossils are a fine thing for us to marvel at. He's straight out of 2014/15 where people like this were ejaculating all over the forum. We all know how that period of time concluded - in way that stopped that orgasm mid grunt.

Yeah, well I can't believe you're still here. There are no more life vests? No inflatable rafts?
Well, then, I hope you can swim...

ABSOLUTE, TOTAL, UTTER GARBAGE and DISHONEST to cherry pick dates to confirm your bias.

If you bought Gold or Bitcoin in DECEMBER 2017, you should be WAY WAY ahead buying gold.

You can get very rich in a PONZI SCHEME, so yeah, you could have made incredible gains with BitCoin, but that ship has sailed, it is OVER.


January 20, 2000   $288.35 oz

January 19, 2007   $629.00 oz  

June 6, 2020   $1683.00

Hard Facts

Peter Schiff is one of THE worst people to listen to regarding bitcoin. The dude is a massive gold bug, let’s take a look at gold vs bitcoin performance.



Draw your own conclusion as to which is the better investment.



Edit - Just saw somebody already posted the photo, I’ll leave my post here any way.

Bitcoin

[January 19, 2007   $0    ]
January 09, 2009        $0

June 6, 2020   $9683



Well you have taken a date interval of 7 and 13 years this is cherry picking
your argumentation has some flaws, it seems another "bitcoin is dead" topic.
in the past years price have not skyrocketed immediately after any good news, but at end, look where we are now...

Actually, nice pump will help the industry right now. someone is dumping btc near 10k every time. Thats not normal

Of course, there are always some people like you who talk shits about Bitcoin and you guys are never tired of this. since the rise of the BTC in the market these guys are there to say bad things about BTC and look at what happened after 10 years? Did it really happen? about what you guys said years ago? No! the price still there the popularity is increasing in fact BTC is now one of the top currency in the world. Now you guys are free to slander BTC in any way you want but in the end of the day, the market stats are saying it all that BTC is still kicking.

You do not understand GRADE SCHOOL ENGLISH....   " bubble economic conditions " have nothing to do with crypto, BitCoin is such a small part of the economy, that it has zero effect on economic conditions.   Your statement says you clearly do not understand simple English.

There was a HUGE campaign to pump BitCoin as DIGITAL GOLD.    You are posting without knowing anything, or even paying attention.

GOOGLE IT.   Learn something before you post dumb , and outright wrong information.

Hard Facts

As if you think only crypto is the only bumble and the rest are perfectly fine  .

The bitcoin does not promise anyone to hold their money and make anyone rich nor Satoshi asked or designed bitcoin to consider this as a safe heaven.
Not sure from where you got these information.

No one is forcing you nor anyone to invest in bitcoin, if you do not find it attractive you are allowed to do so.

CHERRY PICKING DATES to make a point about price trends is UTTER DISHONESTY....   Why would anyone listen to someone that uses DECEPTION to make a point ??  In other words, listen to a LIAR...   Gold Prices, and obvoius trend by dates.

January 20, 2000   $288.35 oz

January 19, 2007   $629.00 oz   

June 6, 2020   $1683.00

Hard Facts

Speculation is not sth you are good at with any intelligence level.

Whales gather information and act like Gekko

Peter is only partially right. In fact, we are waiting for a completely different situation. But we can hardly influence the outcome in any way.

Hahaha.

Don't listen to OP, he is just trolling. Plus 75% of Bitcoin is in profit as of right now, and the market is not in a full-FOMO bull market yet.

Because the value of most things on this planet, including BitCoin are still measured in US DOLLARS.   Your post makes an awful lot of assumptions that may or may not happen.   

Right now, US Dollar is worlds reserve currency, and is the difference between being rich, or dirt poor.

hard Facts

People must look on a different way to bitcoin.
Why is everyone looking to the dollar price for bitcoin.
Soon is your bitcoin worth billions of dollars. People cant believe this.
I use my brain.
The dollar is worthless. Its nothing worth.  The dollar could collapse faster then a barrel oil.
Houseprices collapse,  and all other economic investment types.

Whats a safe haven... Yep crypto.
If the dollar collapse and loosing the 1st place as worldcurrency, Then can you buy with $2billion  1bitcoin.
Dollar doing to zero. Make my words. I life in the middle of the  game where the endgame takes places.

90% sure that the text in the bitcoin code bailout banks is near my house in the netherlands.
 I live 100meter from that spot on the brink and there are 2 bank buildings emty.

include a statue of a witch named hasje (hex hashing ) Rabobank places this thing and in 2017 3 years ago it was gone (endgame)
This or the comming month they going to place a new one. (mabe prepearing for the next dip in endgame)
This is the story about the misterious story. (translate for read)
https://www.trouw.nl/nieuws/heksen-en-hooilanden-in-het-dal-van-de-ruiten-aa~b44ea0b7/

40km to the north you can find the Dollar(D)lake to open sea
10 km from my house, someone  digged out a jewisch  grave. That person in that grave god the name (sachs) Salomon Sachs
The police and those involved had to remain silent. so that iis 100% secret what's going on
article. https://www.dvhn.nl/groningen/westerwolde/Schenners-zijn-in-Hebrecht-tot-in-Joods-graf-doorgedrongen-24659969.html

This could be the biggest bailout ever.

other thing is that i know that im 99% also in that game. i can feel this, and i can see this, and one after a other thing i can see. Since 13september last year.

 

I don't think that Bitcoin can be compared either with gold or stock market. These are totaly different assets and are functioning by totaly different rules. Yes, some use them to better explain Bitcoin to others but I don't think that gold and stock market are good examples, people might get completely wrong pictures about the value, market and risks.
Cryptocurrencies have its own features and rules and thus should be presented, even with risk that people are not so delighted at first.

Definition of unpatriotic
: not feeling or showing love for or devotion to one's country (or in this case - bitcoin) : not patriotic
source: https://www.merriam-webster.com/dictionary/unpatriotic

To consider this an insult seems really, really far-fetched... On the other hand, calling people stupid or foolish are generally recognized as acts of condescending judgment.


I hope not. Because I never even planned to give anyone any investment advice. I never have, and never will. So get your FACTS straight.

The world and bubble economic conditions you knew for the last 10 years are OVER, OVER, OVER.

The economic crash is here, and BitCoin has FAILED as a safe haven or " DIGITAL GOLD ".   I just wonder how low the price needs to go for you to figure this fact out ?

FOOLS are always the last to accept reality that they do not like 🙈🙈🙈🙈

Hard Facts