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Author Topic: Will the Bitcoin predictions by Peter Schiff- The ‘gold advocate’ hit the bull's  (Read 152 times)
Harrydose (OP)
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October 25, 2019, 05:48:19 AM
 #1

Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching $6k to $2k now, he is so sure that sooner or later Bitcoin will fall below $1k and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin!

Source: TheCoinRepublic
tabas
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October 25, 2019, 08:15:59 AM
 #2

He is free to predict and tilt the community with whatever price he wants. But sooner and later once those predictions he made didn't hit, he'll start to give another statement and will soon turn into a bandwagon.
The guy is a gold bull and a bitcoin hater so obviously, he'll stick to the prediction that he wants to pull the prices. And in coincidence, the market agrees to him but this will not take any longer.

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BitHodler
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October 25, 2019, 08:23:14 AM
 #3

Are people still paying attention to this silly being? He has been repeating the same nonsense for years now, where he waits for a bear market to kick in to "predict" the price to go down, which anyone can pretty accurately do.

In a bear market it's obviously more likely that the price goes down, so what you do from there is point out some potential lower bottom levels, and chances are high that at least one of these levels will be hit. It's not rocket science.

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TomUyamot
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October 25, 2019, 09:48:08 AM
 #4

Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching $6k to $2k now, he is so sure that sooner or later Bitcoin will fall below $1k and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin!

Source: TheCoinRepublic

The man is always confident. And you cannot change that in him. He has an air of stubbornness as well. Well, he's an old dog already. No new tricks will this man learn anymore. But the more he talks like this, going into the area of exaggeration, the more he sounds like McAfee. And the more he will probably be ignored and even laughed at.
tenakha
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October 25, 2019, 11:31:08 AM
 #5

Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching $6k to $2k now, he is so sure that sooner or later Bitcoin will fall below $1k and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin!

Source: TheCoinRepublic
We can not condemn someone for their free thoughts. Maybe the price will be as he says in the future. How do you know? Maybe our thought is wrong. His only mistake is that if there is a community following him, he may be able to influence them. But, as I understand from other thoughts, there are very few who see him as smart. If so, we should not mind.
Javi_Anibarro
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October 25, 2019, 11:47:33 AM
 #6

We can not condemn someone for their free thoughts. Maybe the price will be as he says in the future. How do you know? Maybe our thought is wrong. His only mistake is that if there is a community following him, he may be able to influence them. But, as I understand from other thoughts, there are very few who see him as smart. If so, we should not mind.
Yes, we can not condemn someone because of their free thoughts, but there is a limitation in stupidity. This is not his first time doing this, he has done it many times. As an influencer, he should have acted wisely or at least acting just like a normal man and do not spout so much nonsense on the internet like this.
if he does not like Bitcoin then stay away from it.
there is no right and wrong, it is all about choice.
jpnl0006
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October 25, 2019, 11:51:13 AM
 #7

It is normal and in fact customary for people to give perceived speculations about whether or not bitcoin will bull and when they feel it will judging from what technical or fundamental trading analysis they have studied and it has not gone the way they have anticipated over the years. I feel its best to just hope for the bull season and keep speculations personal.
coinfinger
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November 01, 2019, 05:00:33 AM
 #8

He is just an attention seeker who is trying to live on the popularity of bitcoin. One thing we should understand is that most of these public figures needs to constantly be maintaining their status quo if they want to remain relevant in the industry. so they will always look for any available opportunity to do so, and he knowing fully well that no one wants to even hear of bitcoin downfall, he I using that opportunity to attract more people to him, and as they are hating him and getting to know about his hate prediction, he is actually getting more and more popular.

I would not really tense myself over what I should not be tensed on, he is very free to predict whatever he wishes to predict, what will determine the price of bitcoin is in the market and will come at the right time, and some of these people actually have target for that $1000 also, so they will do everything possible to create fud to make such happen for their own purpose.
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November 01, 2019, 06:38:45 AM
 #9

it's just speculation that they make for their own interests. Predict bitcoin to $ 1K, then they will buy it. they will get very cheap prices. Then the next strategy spread the news that bitcoin will rise and FOMO happens, in such circumstances they will sell the bitcoin they bought at cheap prices earlier and get a lot of profit. it's a whale game and they can manipulate the market as they please.
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November 01, 2019, 01:15:56 PM
 #10

it's just speculation that they make for their own interests. Predict bitcoin to $ 1K, then they will buy it. they will get very cheap prices. Then the next strategy spread the news that bitcoin will rise and FOMO happens, in such circumstances they will sell the bitcoin they bought at cheap prices earlier and get a lot of profit. it's a whale game and they can manipulate the market as they please.

Sounds very familiar does it not? You see the big bad guys talk shit about Bitcoin but they are smart guys, and they know exactly what they are doing! Remember when JPMorgan kept buying news to say how bad Bitcoin was in 2017? Or even BCH guys? And yet they kept keeping their Bitcoin and buying up more.

They all know how to make money, we have to remember this!

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November 01, 2019, 02:15:45 PM
 #11

Has he forgot that some people predicted a lot more worse before this time, yet none of it is happening. He might be looking to buy bitcoin cheaply because he treasures it and want those who are weak to dump what they have. If if the price of bitcoin falls, there is limit to which it can now fall.
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November 01, 2019, 02:32:04 PM
 #12

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November 01, 2019, 02:51:35 PM
 #13

prediction is still a prediction. there are many people who give their predictions here, but almost none of them are suitable. so I don't really care about it. as long as bitcoin is on the right track, I don't think too much about the speculations that are currently on the market. thinking too much about it will only make me doubt, and this will only make a loss for me.

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