Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: larsbalzak on October 13, 2018, 09:51:31 PM



Title: Peter Schiff is bearish about bitcoin
Post by: larsbalzak on October 13, 2018, 09:51:31 PM
https://www.youtube.com/watch?v=t84EHhrFhy0 (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.  :(


Title: Re: Peter Schiff is bearish about bitcoin
Post by: oriontab on October 13, 2018, 09:56:52 PM
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


Title: Re: Peter Schiff is bearish about bitcoin
Post by: vella85 on October 13, 2018, 10:01:41 PM
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.


Title: Re: Peter Schiff is bearish about bitcoin
Post by: squatter on October 13, 2018, 10:05:44 PM
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. :D


Title: Re: Peter Schiff is bearish about bitcoin
Post by: lornadane on October 13, 2018, 10:28:39 PM
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.