OMG !!! Disaster for BitCoin... Who Stole all of PETER SCHIFF's Bitcoins ???

[Lizzylove1]

He may not have kept his password very securely. so he doesn't know where he kept it, again we can't say for sure if Peter truly loss this or just an avenue to run down bitcoin.

[sovie]

The theft of PETER SCHIFF's bitcoins was probably the explanation for the recent 500 dollar drop in BitCoins price     Can you imagine how many people are now afraid of losing their BitCoins in the same manner ?   I can not think of a worse thing that could happen to the reputation of crypto currency  

Peter Schiff is a millionaire many times over and a very intelligent guy, he did NOT, NOT, NOT forget his password.  So the question is, WHO stole all of Peter Schiff's bitcoins, and how did they do it ?  The worlds wants to know !!!

Hard Facts

Hackers are not seeking our permission for stealing BTC nor they disclose there I'd. Btc is secure but some security also lies on use end also. Always keep your computer safe from viruses and malware. Choose a strong password. All hacks start from human lapse

[Asmonist]

Technical risk is really crucial. That's why we need to safeguard our assets safely and securely. But there are really people who loves to take advantage with other's shortcomes. This case is really ridiculous somehow because how come he has these millions without safeguarding it? As I've read there was no backup being made. Well, he is really somehow blamed of what had happened. Hopefully there are authorities who can regulate this matter.

[moviebuff777]

I think the story is that he lost his private keys. If that’s the case, then it’s his own stupidity for losing his Bitcoins. I don’t feel bad for him for being stupid.

[HardFacts]

Theft? no one did ever stole his bitcoins. He forgot the wallet password and that's why he's ranting on the web again attacking bitcoin because of his negligence. There's no other people to blame with his act but himself, he can't admit the fact that he didn't back up his wallet password and it is his fault.

UTTERLY DISHONEST:    No one should ever listen that LIES to themselves and others just because they do not like the truth.   Only the most worthless type of person needs to do this to make himself feel good.  Peter did NOT lose his password.

Hard Facts

[o_e_l_e_o]

Peter did NOT lose his password.

Right. Much more likely that his "wallet forgot his password", which is something that he actually tweeted. He thinks the computer program storing his password "forgot" it. He also admitted that he uses a "very simple numeric password that he has used many times in the past". And why can't he just recover from his seed words, unless he doesn't have them?

What a complete embarrassment to himself. In the space of two tweets he has shown he knows next to nothing about bitcoin, next to nothing about technology, and next to nothing about security. Blockchain.com are trying to help him to recover his funds, but he has direct messaging on Twitter disabled and doesn't know how to enable it.

Honestly, does this guy not have an advisor or something monitoring his online accounts? Seriously. Surely a bit of a faux pas to publicly admit that he can't even manage his own assets, whilst simulatensouly asking people to trust him with their assets?

Why anyone listens to this guy's advice on anything is beyond me.

[HardFacts]

"wallet forgot his password", which is something that he actually tweeted.

EXACTLY...   My passwords do not just stop working at my BANK, my brokerage accounts, or anywhere else.   Why should Peters password for his wallet just STOP WORKING ???   Security is a huge concern for many bitcoin users, and if you ever want BitCoin to go mainstream they will need to address these issues.  GET REAL, if you need to be an expert to protect your BitCoin, the average person will never use it.

Peter readily admits that he does not know his seed words, but why should he ???   Does you BANK need to give you seed words ???

Hard Facts

[rodskee]

What will the community expect from you?the one who's always looking for something to throw against Bitcoin and how much are you gaining from this?popularity?well what else could have?

I think the story is that he lost his private keys. If that’s the case, then it’s his own stupidity for losing his Bitcoins. I don’t feel bad for him for being stupid.

absolutely because OP mentioned Peter as very intelligent yet he Forgot his Password?no wonder why OP is proving something here from Stupidity of Peter.

Peter SCHIFF stole bitcoins from Peter SCHIFF! This is incredible!

more likely It is,thats why nothing can Prove something here and that is the "HardFacts"

[o_e_l_e_o]

Why should Peters password for his wallet just STOP WORKING

It didn't. He forgot it.

GET REAL, if you need to be an expert to protect your BitCoin, the average person will never use it.

You don't. You need to be able to remember a password, though.

Peter readily admits that he does not know his seed words, but why should he

"I didn't perform the most basic of security measures, and then I forgot my password. Bitcoin is a scam!" Lol. In other news, I forgot where I buried my gold, so gold is a scam, and I also forgot my PIN, so credit cards are a scam.

[kro55]

#Crypto was my worst #investment because I lost 100%,” Euro Pacific Capital CEO @PeterSchiff tells  (source)
I think this is another attention seeking move just like we were reading threads related to Craig Writgt and McAfee.
You have to take care of your password and if you lost it due to some reason then why blaming crypto for that.  Why not accepting your own mistake.

[HardFacts]

It didn't. He forgot it.

Peter Schiff is a millionaire many times over, and smarter than you will ever be.  He did NOT, NOT, NOT forget his password.

Only a total loser needs to embrace a LIE to make himself feel better.  There are some people I disagree with on BitCoin, that I still respect and consider smart people.    But someone that rejects the truth in order to make himself feel good is the most useless fool that no one should ever listen to for anything 🙈🙈🙈

Hard Facts

[o_e_l_e_o]

He did NOT, NOT, NOT forget his password.

Ok. The computer software "forgot" it instead. Lol.

[BitcoinsGreat]

where's the hard fact there?

Peter Schiff's Bitcoins wasn't stolen and he already admitted that he lost his keys to access the bitcoins. IMO, this guy is a fraud, how will you lost access easily on his BTC. He is claiming that his wallet is being corrupted and stating his password is already not valid, that's the first time I hear those kinds of excuses on losing BTC. Probably he just wants to give negative thoughts on BTC to the public or just wanted public attention.

• Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was a ‘Bad Idea’

Most of the people think PS is just an anti-Bitcoin and probably it's true.

There are two things which is going to happen because of this incident.
First, the bitcoin will dump temporary which it already did and then pump back again. This is because people holding bitcoin always panic on any news, real or fake. 

Secondly, if the bitcoin are really lost, i mean the private key is lost, then there is more reduction on bitcoin supply because those bitcoin held in peter wallet are lost forever and couldn't be used.

[shoreno]

#Crypto was my worst #investment because I lost 100%,” Euro Pacific Capital CEO @PeterSchiff tells  (source)
I think this is another attention seeking move just like we were reading threads related to Craig Writgt and McAfee.
You have to take care of your password and if you lost it due to some reason then why blaming crypto for that.  Why not accepting your own mistake.

Peter Schiff is a millionaire many times over, and smarter than you will ever be.  He did NOT, NOT, NOT forget his password.

Only a total loser needs to embrace a LIE to make himself feel better. 

he mean he lost his btc due to wrong move ( trading ) not loosing it coz he lost his password or its stole by someone  but whats more worst is that he put the blame all on btc  .  

lol , how dare him    ? he isnt a newbie and he is inteligent to know how btc work or how trade work but if he is a newbie i think that will still be forgivable somehow   . but this could be the reason for the slight decline that we exprience the past days   .

[Idiophone]

The theft of PETER SCHIFF's bitcoins was probably the explanation for the recent 500 dollar drop in BitCoins price     Can you imagine how many people are now afraid of losing their BitCoins in the same manner ?   I can not think of a worse thing that could happen to the reputation of crypto currency  

Peter Schiff is a millionaire many times over and a very intelligent guy, he did NOT, NOT, NOT forget his password.  So the question is, WHO stole all of Peter Schiff's bitcoins, and how did they do it ?  The worlds wants to know !!!

Hard Facts

Shouts out some noncence without even trying to acknowledge the situation, then connects it to 500$ price drop (wtf?), then caps it all with "Hard Facts" statement. How much conscious thought have you put into this? I bet the answer is none

[target]

You got to admire Peter for exposing his stupidity all for the price of BTC to drop a bit.  Its still unsure if there will be someone else in the financial industry like Warren who will keep spreading BTC hate but admits holding BTC in their wallet. Not even tried to trade to prove their finance trading expertness. 

[k@suy]

#Crypto was my worst #investment because I lost 100%,” Euro Pacific Capital CEO @PeterSchiff tells  (source)
I think this is another attention seeking move just like we were reading threads related to Craig Writgt and McAfee.
You have to take care of your password and if you lost it due to some reason then why blaming crypto for that.  Why not accepting your own mistake.

Peter Schiff is a millionaire many times over, and smarter than you will ever be.  He did NOT, NOT, NOT forget his password.

Only a total loser needs to embrace a LIE to make himself feel better. 

he mean he lost his btc due to wrong move ( trading ) not loosing it coz he lost his password or its stole by someone  but whats more worst is that he put the blame all on btc  .  

lol , how dare him    ? he isnt a newbie and he is inteligent to know how btc work or how trade work but if he is a newbie i think that will still be forgivable somehow   . but this could be the reason for the slight decline that we exprience the past days   .

Because of his negligence, his lost all of his bitcoins just as simple as that. As the owner of your own account you have to take care for it and you have to think a lot of stuff just to avoid crimes like stealing of your coins, forgotten passwords or hack accounts. Thats the nature of human, even if he is the one who committed the mistake, he will blame it to others just to cover up his fault.

[tabas]

Theft? no one did ever stole his bitcoins. He forgot the wallet password and that's why he's ranting on the web again attacking bitcoin because of his negligence. There's no other people to blame with his act but himself, he can't admit the fact that he didn't back up his wallet password and it is his fault.

True. We are the one who is responsible for every actions that we take so what happened to him proves how careless he is. As the owner of his account, he have to be careful in order to avoid those things like what happend to him. And also he is against to the bitcoin. Maybe he didnt truly lost his coins or forgot his password but he just wanted for the people to have a negative impression for the bitcoin and the virtual wallet he is using.

It's his problem of forgetting the important detail of his account that contains his bitcoin asset. There is a chance that he's just also playing out just like the first people that flamed bitcoin with bad words but turns out suddenly that they are also bitcoin lover.

[audaciousbeing]

The theft of PETER SCHIFF's bitcoins was probably the explanation for the recent 500 dollar drop in BitCoins price     Can you imagine how many people are now afraid of losing their BitCoins in the same manner ?   I can not think of a worse thing that could happen to the reputation of crypto currency  

Peter Schiff is a millionaire many times over and a very intelligent guy, he did NOT, NOT, NOT forget his password.  So the question is, WHO stole all of Peter Schiff's bitcoins, and how did they do it ?  The worlds wants to know !!!

Hard Facts

And the question is, how does it affect you. The amount stolen might have been responsible for the drop in the price of bitcoin but I don't think creating a thread for that purpose is something that would bring back the coins. Every millionaire in crypto who is not shy to announce it to the world on how accomplished he is, is a target and he should know more to be extra careful. Its unfortunate what we are seeing in crypto but eventually the market will be more safety.

[finaleshot2016]

Long story short, he did not back up his seed so he lost access to his Bitcoins.

I am backing up my seed here so that I do not lose access to my BitCoins also !!!
~

Is that yours? Nice, for disclosing it in the public.

Theft? no one did ever stole his bitcoins. He forgot the wallet password and that's why he's ranting on the web again attacking bitcoin because of his negligence. There's no other people to blame with his act but himself, he can't admit the fact that he didn't back up his wallet password and it is his fault.

True. We are the one who is responsible for every actions that we take so what happened to him proves how careless he is. As the owner of his account, he have to be careful in order to avoid those things like what happend to him. And also he is against to the bitcoin. Maybe he didnt truly lost his coins or forgot his password but he just wanted for the people to have a negative impression for the bitcoin and the virtual wallet he is using.

It's his problem of forgetting the important detail of his account that contains his bitcoin asset. There is a chance that he's just also playing out just like the first people that flamed bitcoin with bad words but turns out suddenly that they are also bitcoin lover.

He just wanted attention, that's all.

..And I doubt he really lost his keys on his wallet, IMO he's also gaining benefits on using BTC and at the same time, he's an anti-BTC for promoting his own Ponzi. It's just an act, my fellow friends.