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Author Topic: PETER SCHIFF WAS RIGHT: Again... If Bitcoin does not go up on good news....  (Read 862 times)
HardFacts (OP)
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March 10, 2020, 07:25:02 PM
 #1

This double crisis of Corona Virus and Oil collapse is the PERFECT environment for BitCoin to go up, and even skyrocket if it is DIGITAL GOLD.

1.  BitCoin is LOSING value in this environment, so much for the DIGITAL GOLD false narrative...    For every person buying BitCoin as a safe haven, MORE people are selling BitCoin as things get worse.  Hence the price drop.

2.  BitCoin was pumped up as alternative to Currency, the new money...  When that false narrative of using bitcoin as money did not work, they changed the lie to DIGITAL GOLD.   Now the Digital Gold false narrative is quickly becoming evident to any rational person...  I just wonder what the next lie will be to try to sell and pump up the price of BitCoin ?

Seriously, all the false narratives and lies by bitcoin pumpers are FAR WORSE than the lies told by the Federal Reserve and government.    Of course, some people will not recognize reality until reality punches them in the face   Cheesy Cheesy Cheesy

Hard Facts


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March 10, 2020, 07:46:17 PM
 #2

This argument is so tiresome...
TheNewAnon135246
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March 10, 2020, 07:58:55 PM
Merited by Kuffy (2), pooya87 (1), aundroid (1)
 #3

On 01/01/2020 Bitcoin was worth $7,174
Today Bitcoin is currently worth $7,921

Total increase: 10.41%

On 01/01/2020 gold was worth $1,527
Today gold is worth $1,658

Total increase: 8.57%

Peter Schiff is the perfect counter-indicator. He has been shitting on Bitcoin since 2013 and he has been wrong every single time.
o_e_l_e_o
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March 10, 2020, 08:05:31 PM
 #4

OP, why do you only show up when gold is pumping? How come when gold dumps you never show up to discuss the reasons why the price is falling? This forum is here all year round, discussing bitcoin when the price goes up, discussing bitcoin when the price goes down, and discussing bitcoin when the price goes nowhere. You only show up when gold pumps to proclaim Peter Schiff your own personal prophet (despite his ongoing consistent and categorically incorrect predictions). You are always mysteriously silent and inactive whenever gold is going sideways or down.

This kind of ridiculous confirmation bias makes both you and your arguments look pathetically childish.
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March 10, 2020, 08:34:09 PM
 #5

Peter Schiff admirers and gold bugs only come here whenever bitcoin's prices take a beating, but are all absent whenever bitcoin is outperforming every other asset in the book. Which leads me to a conclusion that the same kind of people are afraid of actual discourse regarding the matter. When it rains or when it snows, bitcoin are either sold, bought, or kept--same as gold, same as stocks, same as any other asset you can think of. If you don't understand price movements and the dynamics of the market and would come to preach us with "Schiff was right, all of you are wrong" argument just because of one instance of bitcoin being on the low, then you might as well do it everyday even if bitcoin's price is on the rise. Smiley

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kezinaur14
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March 10, 2020, 08:50:13 PM
 #6

OP, why do you only show up when gold is pumping? How come when gold dumps you never show up to discuss the reasons why the price is falling? This forum is here all year round, discussing bitcoin when the price goes up, discussing bitcoin when the price goes down, and discussing bitcoin when the price goes nowhere. You only show up when gold pumps to proclaim Peter Schiff your own personal prophet (despite his ongoing consistent and categorically incorrect predictions). You are always mysteriously silent and inactive whenever gold is going sideways or down.

This kind of ridiculous confirmation bias makes both you and your arguments look pathetically childish.

I guess he believes this quickly becomes a bubble where no outside opinion is welcome. I know he's going against bitcoin intentionally but then again some people are really hard to convince when they are not giving you their full reasoning, they'll just jump to their next self explanation that they may or may not want to put on the table Smiley.

We can only show them what bitcoin is capable of and hope they some day actually try it instead of consistently and repeatedly going against it.
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March 10, 2020, 09:05:47 PM
 #7

These bears, huh!!!
Seriously, it makes no difference to them whatever we'll speak here whether it's about BTC or its price, they will just take us as dogs who are barking in front of them. BTC never, ever showed any moves based on news factor and that's one of the facts you need to understand at first. Yes, BTC is feeling the heat too but it's not alone, many major markets are being hit by this outbreak and BTC still has the potential to recover very, very quickly due to its volatile nature as well as lesser need of capital to pump it up if compared to major commodities and stocks.

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March 10, 2020, 09:06:00 PM
 #8

This double crisis of Corona Virus and Oil collapse is the PERFECT environment for BitCoin to go up, and even skyrocket if it is DIGITAL GOLD.

1.  BitCoin is LOSING value in this environment, so much for the DIGITAL GOLD false narrative...    For every person buying BitCoin as a safe haven, MORE people are selling BitCoin as things get worse.  Hence the price drop.

2.  BitCoin was pumped up as alternative to Currency, the new money...  When that false narrative of using bitcoin as money did not work, they changed the lie to DIGITAL GOLD.   Now the Digital Gold false narrative is quickly becoming evident to any rational person...  I just wonder what the next lie will be to try to sell and pump up the price of BitCoin ?

Seriously, all the false narratives and lies by bitcoin pumpers are FAR WORSE than the lies told by the Federal Reserve and government.    Of course, some people will not recognize reality until reality punches them in the face   Cheesy Cheesy Cheesy

Hard Facts




do you track price of Gold as well, since it is not straightforward for Gold as well that is going just up, when you compare BTC with the price from the year start, it is up 10%, Gold is up little below 10%, so it could be said that it is the same for BTC and Gold, and why should not we think about BTC as Digital Gold...
HardFacts (OP)
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March 10, 2020, 09:25:04 PM
 #9

On 01/01/2020 Bitcoin was worth $7,174
Today Bitcoin is currently worth $7,921

Total increase: 10.41%

On 01/01/2020 gold was worth $1,527
Today gold is worth $1,658

Total increase: 8.57%

Peter Schiff is the perfect counter-indicator. He has been shitting on Bitcoin since 2013 and he has been wrong every single time.

Most People did not become aware of any economic crisis or major problems until MID FEBRUARY 2020.   The markets were fine until then..

VERY DISHONEST and deceptive for you to start from January 1, well before the economic consequences started to be factored into markets.  But I am sure you know that, you just have no problem using deception, and are hoping that people do not notice....   I am way smarter than the average fool  🙉🙉🙉🙉 and I will call out BS every time

Hard Facts
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March 10, 2020, 09:48:52 PM
 #10

Most People did not become aware of any economic crisis or major problems until MID FEBRUARY 2020.   The markets were fine until then..
So you believe that the recent fall in bitcoin price was due to a global economic crisis?
I don't think so. It was not the first time bitcoin price decreased that much just in a day. That has happened several times. It was just a coincidence that it happened during the stock market fall.

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March 10, 2020, 10:12:33 PM
 #11

So you believe that the recent fall in bitcoin price was due to a global economic crisis?
I don't think so. It was not the first time bitcoin price decreased that much just in a day. That has happened several times. It was just a coincidence that it happened during the stock market fall.

Everything that's happened in the past weeks/months led to the fall of BTC's price. But not for too long, imo. The prices will recover when those in need of quick cash will get their money out. After that, the markets will be left in our hands, the believers and hodlers.

There's so much doubt, fear and panic everywhere around the world. This isn't a time to hope for some heavy pumps/dumps of BTC; 2011-2012-like volatility will soon most likely be a thing.
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March 10, 2020, 10:50:35 PM
 #12

On 01/01/2020 Bitcoin was worth $7,174
Today Bitcoin is currently worth $7,921

Total increase: 10.41%

On 01/01/2020 gold was worth $1,527
Today gold is worth $1,658

Total increase: 8.57%

Peter Schiff is the perfect counter-indicator. He has been shitting on Bitcoin since 2013 and he has been wrong every single time.
If he is constantly mistaken, then this can be used for his own purposes, watch what he says, and do exactly the opposite. Although a permanent hold of bitcoin and that’s also suitable here, at the moment, every new year, it is growing against the past.

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Bighero76
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March 10, 2020, 11:44:18 PM
 #13

Sorry but these are not indicators of whether btc would rise or fall!
The Sceptical Chymist
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March 11, 2020, 12:30:29 AM
 #14

Now the Digital Gold false narrative is quickly becoming evident to any rational person...  I just wonder what the next lie will be to try to sell and pump up the price of BitCoin ?
I don't think bitcoin is being hyped by anybody except those who are passionate about it--it isn't as though we're being fed lies by the government or the corporate world to keep us buying bitcoin. 

I never thought bitcoin was necessary as a form of money, even though it certainly can function as one.  As long as fiat still works, nobody in their right mind would go out of their way to buy bitcoin just to spend it--even if they could find a merchant that accepted it. 

Peter Schiff is a nutcase, and I don't pay attention to his views on bitcoin.  He can hate it all he wants to, and bitcoin can crash to the floor--that doesn't make him correct.  I'd also point out that bitcoin isn't lower than it was at the beginning of 2019 and is still holding its value nicely.  Sure, it dipped but so did the stock market and now I guess the oil market did as well (that's not a market I generally follow).  Everything is getting slammed because of the damn coronavirus.  But that situation is going to be temporary, and all of those markets will recover.  Enough with the doom-and-gloom.

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Reatim
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March 11, 2020, 02:22:32 AM
 #15

I just Find it Weird why did OP showing up only when market is in falling stage but Hides when Price of Bitcoin is pumping ,and always talks about the Hatreds about this coin?just a curious question nothing more.


If he is constantly mistaken, then this can be used for his own purposes, watch what he says, and do exactly the opposite. Although a permanent hold of bitcoin and that’s also suitable here, at the moment, every new year, it is growing against the past.
perfect idea mate and yeah will try to do it because everytime i saw OP make a thread is always on the other side of what we are expecting so yeah that would be a best to act against His words.
Sorry but these are not indicators of whether btc would rise or fall!
exactly but let Him keep his track maybe this is why His here.









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March 11, 2020, 04:17:27 AM
 #16

people like Peter Schiff are referred to as butt hurts. the more bitcoin grows the more their butts are going to hurt Wink
that is why all of their statements always looks so dumb and would either make you mad or make you laugh depending on your moods. usually they come out whenever there is a small price drop. i remember in 2017 we had a ton of drops like this (~30%) and they were behaving the same literary every time. people like OP also love these idiots so much for whatever crazy reasons that is not comprehensible by other intelligent people.

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March 11, 2020, 06:00:38 AM
 #17

Most people don't realise that a few virtual assets can be hard assets, and Bitcoin is possibly the only virtual money ( note I didn't say currency) that has this possibility. Another virtual asset that has this attribute is a novel. It doesn't exist anywhere, but has a variety of manifestations, but ownership can be a valuable asset.
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March 11, 2020, 06:24:23 AM
 #18

....
 I am way smarter than the average fool  🙉🙉🙉🙉 and I will call out BS every time

Hard Facts

If you are smart, why didn't you buy Bitcoin when the price was down? You had so many opportunities...

Bitcoin is not a bubble, it's the pin!
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March 11, 2020, 06:47:54 AM
Last edit: March 11, 2020, 08:15:39 AM by mindrust
 #19

Gold has a history of more than several thousand years.

Bitcoin is 11 years old.

Gold is being traded for $1k-$1.8k in the last 10 years. Bitcoin went from nothing to $8k and still very tiny compared to gold's market cap.

Peter Schiff is just a take no risks guy who wants an easy win. Easy wins don't pay well.

He was saying the same shit when bitcoin was $1k. He'll keep telling them when bitcoin is $100k. Ignore and move on.

Back in 2014-2016 I was too listening to these morons and it costed me lots of money.

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March 11, 2020, 07:23:03 AM
Merited by o_e_l_e_o (1)
 #20

Just had to laugh when I saw the title.
So you mean Peter Schiff, the guy who has been warning people about Bitcoin for years but has no idea what the difference between a password, a pin and a seed phrase is, was right?  Roll Eyes
https://twitter.com/PeterSchiff/status/1220135541330542592

Best to ignore him ...

Peter Schiff is the perfect counter-indicator. He has been shitting on Bitcoin since 2013 and he has been wrong every single time.
^ This

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March 11, 2020, 08:19:24 AM
 #21

Just had to laugh when I saw the title.
So you mean Peter Schiff, the guy who has been warning people about Bitcoin for years but has no idea what the difference between a password, a pin and a seed phrase is, was right?  Roll Eyes
https://twitter.com/PeterSchiff/status/1220135541330542592

Best to ignore him ...

Peter Schiff is the perfect counter-indicator. He has been shitting on Bitcoin since 2013 and he has been wrong every single time.
^ This

Lol! he knows so much about btc and yet he can't tell the different between password, pin and don't have a copy of his phrase,.... brilliant (and this is a Hard Fact Grin) honestly, i can't stop laughing at the tweet, what exactly does a guy who can't tell the different between password and pin knows about btc? and if he detest btc so much why did he own some at all?

@HardFacts i think you need to re-evaluate your believe in this clueless human Wink

Gold has a history of more than several thousand years.

Bitcoin is 11 years old.

Gold is being trading for $1k-$1.8k in the last 10 years. Bitcoin went from nothing to $8k and still very tiny compared to gold's market cap.

Peter Schiff is just a take no risks guy who wants an easy win. Easy wins don't pay well.

He was saying the same shit when bitcoin was $1k. He'll keep telling them when bitcoin is $100k. Ignore and move on.

Back in 2014-2016 I was too listening to these morons and it costed me lots of money.

totally agreed with the above, btc is very new compare to the number of years gold has been in existence, and btc has achieve quite alot within the 11 years of existence more than gold i would say, i think it is very unfair to btc when such comparison and condescending languages will always come up from people like PETER SCHIFF or misguided follower like HardFacts Roll Eyes
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March 11, 2020, 09:30:59 AM
 #22

Remember just a bit of time before covid19, everyone was raving on and on about Iran and US, and Venezuela etc etc. Yes, I agree, eventually economies will get in trouble and then we'll all be fighting for our lives on money but this to me doesn't mean Bitcoin has an effect.

What are the hard facts really? Bitcoin losing value, but so are other things. And just because it's not digital gold doesn't make it not valuable.

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March 11, 2020, 11:41:15 AM
 #23

Maybe some members of this forum should organize fan clubs of people like Peter Schiff, Warren Buffett , Tom Lee, Roger Ver, CW Faketoshi instead of at each price drop start such topics. OP is doing this for long time, but he is not aware of some basic facts.

Compare gold with Bitcoin is the most stupid thing to say, as some others say, gold is here for thousands of years, Bitcoin is just getting started. Fact is also that very small percentage of people is know/using Bitcoin, and that it still makes it very vulnerable in terms of price stability.

The problem with trolls like OP is that they only look at present time, but they completely ignore history. From 2013 since CMC is have statistic, ROI for BTC is 5.701,01%, and 10 years change for gold is only 53%.

If we look at 10 years for BTC, 1$ invested in BTC back in 2010 at price of $0,07 is resulted with 8,900,000% ROI. People who follow Schiff still wait for his $5000 per ounce.

It’s usually hard to argue with math, especially when the numbers are so adequately provided, as they are in this report. It says that you were among the few people lucky enough to know and to believe in Bitcoin back in 2010 and you had invested the same amount, the return you would have today is, well, more than $41. Substantially more. Emphatically more. $1 invested back then would be worth more than $90,000, representing a 8,900,000% ROI in ten years.

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March 11, 2020, 09:02:53 PM
 #24



Lol! he knows so much about btc and yet he can't tell the different between password, pin and don't have a copy of his phrase,.... brilliant (and this is a Hard Fact Grin) honestly, i can't stop laughing at the tweet, what exactly does a guy who can't tell the different between password and pin knows about btc? and if he detest btc so much why did he own some at all?


COMPLETE GARBAGE and DISTRACTION...

Peter Schiff does not need to know the technical aspects of using a BitCoin account to know it is a huge bubble and ponzi scheme, and that it will fall to its intrinsic value of near zero one day....   

Peter Schiff knows about money, economics and what has value.   Exactly what is needed to make good investment choices.

Hard Facts
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March 11, 2020, 09:30:52 PM
 #25

OP must be talking about some other coin. BitCoin? What's that? Some kind of a new logo registered by Craig wright? Cheesy

This thread is some kind of conspiracy theory. It did not work as money so "they" changed the narrative. Who did? Those people who control the market from China?

Probably Jihan is behind it all pulling the strings.  Wink

Gold is taking a dive right now. Does it look familiar?
https://www.kitco.com/gold-price-today-usa/
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March 11, 2020, 10:32:14 PM
 #26

Will you look at the charts of January 2020 and tell me how much bitcoin was during that time and compare it to the current day's price? You are looking to the situation as is but ignores to look at the start of this year.

If you're also following the news, did you heard that some countries have decided to burn their fiat so that it won't be a reason for the covid-19 transfer? and how's that for bitcoin as an alternative money for transfer? no need for close contact for people to get paid.

The dump that we're experiencing is coincidental because of the plustoken dump.

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March 11, 2020, 11:41:41 PM
 #27

i listen to the peter schiff podcast...and guy has been pretty much wrong about everything since the recession...and he literally will do anything and everything to pump his gold and eurocapital company....and yeah talking about the stock market crashing for the last 10 years and shit has just continued to hit new highs...

i still think hes a smart person...but the fact is back in 2011-12, when silver went to 25-47 or something....shits dropped and been at like 16-17 for the last 8 years or so...i lost money on that shit dropping...so yeah people lose money all the time on precious metal...this gold always goes up....actually it wen to 2000....and now its at 1600....which is better than you would think....

but yeah people have been losing or stagnantly making almost nothing on gold...for years....his doom and gloom shit, been wrong about almost all of it...but i still listen to him sometimes, because hes still pretty right about the whole shit being a bubble...but listening to him desperately...buy bold buy bold...i own a precious metals investment company....pushing fear and pumping gold over and over...

gold might be gold....but its still the allllllmighty dollar, my friends...but peter shiff has barely been right in the last 10 years...and yeah his self promotion, position literally only supporting...his business, and what supports his shit...
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March 11, 2020, 11:49:16 PM
 #28

He's just a troll and your all feeding him and he loves it some people like to be center of attention no matter what and he's one of them if there something controversial he can post to get CT to react then he will if everyone started to remove him on twitter then he would not have a voice in the first place.

Not to mention his call's are terrible he has made error after error on his calls not only in bitcoin but in gold too which seems to be his go to thing.

Sometimes I wonder how much gold he holds physical or how wrecked he will be when his gold "digital numbers on a screen" blow up in his face.


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March 11, 2020, 11:50:46 PM
 #29

also watch....buying bitcoin under 8000....oh shit is easy money if your not crazy person....market stop losses...its like free $$$...

ive trading in almost every market...and the bulls in bitcoin, its unlike anything else...they are a strroooong force...don't be shorting this shit eeevvveeerrr....your gonna have a baaad time 90% of the time...


also just wait....read up on sales...people go crazy over scarity...rioting etc...and yeah supplies are running out...limited time only...get your bitcoin...before the coins are mined, and you really miss your chance... don't miss out....

the drop in bitcoin i would assume has to do with the darknet markets disappearing...being dossed...scamming people....but as long as people are buying bitcoin need it to buy drugs and other contraband...but mainly drugs...bitcoin is a long play...telling you
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March 12, 2020, 12:17:46 AM
 #30

So you believe that the recent fall in bitcoin price was due to a global economic crisis?
I don't think so. It was not the first time bitcoin price decreased that much just in a day. That has happened several times. It was just a coincidence that it happened during the stock market fall.

Everything that's happened in the past weeks/months led to the fall of BTC's price. But not for too long, imo. The prices will recover when those in need of quick cash will get their money out. After that, the markets will be left in our hands, the believers and hodlers.

There's so much doubt, fear and panic everywhere around the world. This isn't a time to hope for some heavy pumps/dumps of BTC; 2011-2012-like volatility will soon most likely be a thing.
I don't think that the price falling of Bitcoin is connected to the recent disasters that are happening and everything is normal whether the price rise or falls, this is the nature of volatility. Those people who panic sell are being eaten by the whales who keep on buying BTC while the price is decreasing and in my own opinion, those are not true believers of this technology and just joining the hype of Crypto Currency.
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March 12, 2020, 01:53:33 PM
Last edit: March 15, 2020, 08:36:26 AM by mprep
 #31


I don't think that the price falling of Bitcoin is connected to the recent disasters that are happening and everything is normal whether the price rise or falls, this is the nature of volatility. Those people who panic sell are being eaten by the whales who keep on buying BTC while the price is decreasing and in my own opinion, those are not true believers of this technology and just joining the hype of Crypto Currency.

You are VERY, VERY wrong.   Lasts night utter crash in the price of BitCoin as news and economy gets worse should wake you all up....  Bitcoin is not a safe haven, it is a risk asset.   Any rational person would be doing a lot of self reflection and thought right now, there is still a long ways down possible.


You can ignore reality, but you can not ignore the CONSEQUENCES of ignoring reality   Cheesy Cheesy Cheesy



Hard Facts



After all, crypto has become dependent on world news and panic...

Crypto is a speculative asset and VERY MUCH affected by world news and panic.   People will be forced to sell BitCoin to cover losses elsewhere, and job losses. 

All you have to do is look at the price today to see this reality... 

Hard Facts
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March 12, 2020, 04:40:16 PM
 #32

you need learn about history;)  https://www.youtube.com/watch?v=T1X6qQt9ONg

also i want you say something to your boss, (Bankers...etc)  Bitcoin is as fuck, will not die even with this manipulation that you are doing in our environment, this is manipulation banks can't let that their "papers" of Gold lost value and Bitcoin goes up, they are manipulating everything...but...you will see
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March 12, 2020, 04:42:03 PM
 #33

After all, crypto has become dependent on world news and panic...

Crypto is a speculative asset and VERY MUCH affected by world news and panic.   People will be forced to sell BitCoin to cover losses elsewhere, and job losses. 

All you have to do is look at the price today to see this reality... 

Hard Facts

.... and buy!

Bitcoin is not a bubble, it's the pin!
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March 13, 2020, 02:04:24 AM
 #34



.... and buy!

If you bought this FALLING KNIFE of bitcoin, you lost a bunch of money already....

So much for the promise and LIE of Bitcoin Being Digital gold  Smiley    The Bitcoin bubble is popping quickly, along with all the other speculative BUBBLES.

Hard Facts
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March 13, 2020, 02:24:20 AM
 #35

After all, crypto has become dependent on world news and panic...

Crypto is a speculative asset and VERY MUCH affected by world news and panic.   People will be forced to sell BitCoin to cover losses elsewhere, and job losses.  

All you have to do is look at the price today to see this reality...  

Hard Facts

This is a technology has a usage and can contribute something for the betterment of the society, market is falling because of the panic but once things have settled, it will stabilize, two things traders can do now is to leave or stay and be strong, I choose to hang on.

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March 13, 2020, 02:39:18 AM
 #36

This argument is so tiresome...

actually OP has a point at some part and try to look around now mate and you will find what he meant in this post,
because 3 days after this creation the market falls Hard,Bitcoin has -44% now as i speak and no sign from growing.
Having 6k early morning and now an hour after?leveling at $4k this time so yeah OIL and Corona is really what
 made the market falls Bad.

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March 13, 2020, 03:30:49 PM
 #37


This is a technology has a usage and can contribute something for the betterment of the society, market is falling because of the panic but once things have settled, it will stabilize, two things traders can do now is to leave or stay and be strong, I choose to hang on.

Blockchain has HUGE usage for a lot of things, yes !!!   Bitcoin is NOT, NOT, NOT the blockchain.  The blockchain will be around forever, long after bitcoin is forgotten and worth zero...   So yes you can hang onto zero  Grin Grin Grin

Cellphones changed the world, but do you use or even know what the first cellphone was ??  Do you use or know the first internet browser Huh  BitCoin will be forgotten just as the first of many new world changing technologies were.   You are about to learn a VERY HARD lesson.

Hard Facts.
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March 13, 2020, 09:41:22 PM
 #38



.... and buy!

If you bought this FALLING KNIFE of bitcoin, you lost a bunch of money already....

So said people when Bitcoin fell in 2014 and later in 2016 when it was scraping the bottom. The same people were in 2017 regretting not buying more.
I bought whatever I could. All below 6000 is a bargain.


I don't like Warren Buffett that much because he doesn't understand new technologies but he said a very smart thing. Roughly it went like this:
If you buy stocks be ready to hold for a few years. If you buy to sell next week stocks are not for you.

The same goes for Bitcoin.
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March 13, 2020, 11:30:33 PM
 #39


So said people when Bitcoin fell in 2014 and later in 2016 when it was scraping the bottom. The same people were in 2017 regretting not buying more.
I bought whatever I could. All below 6000 is a bargain.



BIG DIFFERENCE:   BitCoin rose in BUBBLE ECONOMY, when everything was rising, and money was flowing everywhere.    The current crash is the first REAL TEST of the Digital Gold, and BitCoin as a safe haven narrative.    It is now becoming painfully obvious to everyone, that narrative was FALSE.

Forget the last 10 years, they no longer apply, the mania, the run up, is all GONE.   This is now an economic crash, and bitcoin is behaving like any speculative asset, it is CRASHING just like stocks and everything else, except BitCoin is crashing even more....

Hard Facts
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March 14, 2020, 03:37:22 PM
 #40

I found this write up unpatriotic, bitcoin dumps and come up quickly which is good for even a blind trader, if bitcoin goes down and stays there like forever without meaningful gain, I would have been tempted to digest this suppose hardfact, I see this as a FUD and never any fact.

Calling someone that disagrees with your investment strategy " unpatriotic " is a PERFECT Example of someone so emotionally involved, that he can not possibly look at this in any rational way.    The level of stupidity and dishonesty by this guy is astonishing !

I wonder if anyone that thinks BitCoin will go down is also sacrilegious and offending GOD also.  I know most people here are to cowardly to speak up against what everyone so desperately wants to believe, but I am sure a lot of you read this statement and think what a nutjob.    This is the perfect example of the self reinforcing fools convincing each other of their " beliefs " as they blindly go off the cliff together.


Hard Facts
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March 15, 2020, 08:21:53 AM
 #41

I found this write up unpatriotic, bitcoin dumps and come up quickly which is good for even a blind trader, if bitcoin goes down and stays there like forever without meaningful gain, I would have been tempted to digest this suppose hardfact, I see this as a FUD and never any fact.

Calling someone that disagrees with your investment strategy " unpatriotic " is a PERFECT Example of someone so emotionally involved, that he can not possibly look at this in any rational way.    The level of stupidity and dishonesty by this guy is astonishing !

I wonder if anyone that thinks BitCoin will go down is also sacrilegious and offending GOD also.  I know most people here are to cowardly to speak up against what everyone so desperately wants to believe, but I am sure a lot of you read this statement and think what a nutjob.    This is the perfect example of the self reinforcing fools convincing each other of their " beliefs " as they blindly go off the cliff together.


Hard Facts

Why are you so insecure? The tone of your statements is very aggressive and insulting. When you resort to insulting the other side's intelligence, that signals either that you have run out of real arguments or that you lack the patience necessary to continue the debate.
Or maybe you're just trolling here? In that case, I'd like to help you out. Which way did you come in?

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March 15, 2020, 03:15:37 PM
 #42


Why are you so insecure? The tone of your statements is very aggressive and insulting. When you resort to insulting the other side's intelligence, that signals either that you have run out of real arguments or that you lack the patience necessary to continue the debate.
Or maybe you're just trolling here? In that case, I'd like to help you out. Which way did you come in?


REALITY:   You chose to IGNORE someone calling me " unpatriotic " for posting the truth about Bitcoin, but are very eager to say my statements are insulting Huh

I am sure any rational person would want to take INVESTMENT ADVICE from you 🤣🤣🤣🤣

Hard Facts
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March 15, 2020, 03:22:47 PM
 #43

Bitcoin a digital gold is just one of the examples people use to explain it to people new to Bitcoin, and it is indeed a digital Gold because the price dumped recently in the name of Coronal virus doesn't make it not so. Bitcoin is better than Gold, We have had 10 years now, how many of these year has Gold  or Stock market actually beat Bitcoin gains, I can only think of one.


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March 15, 2020, 03:26:08 PM
 #44

Bitcoin a digital gold is just one of the examples people use to explain it to people new to Bitcoin, and it is indeed a digital Gold because the price dumped recently in the name of Coronal virus doesn't make it not so. Bitcoin is better than Gold, We have had 10 years now, how many of these year has Gold  or Stock market actually beat Bitcoin gains, I can only think of one.

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
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March 15, 2020, 04:49:42 PM
 #45


Why are you so insecure? The tone of your statements is very aggressive and insulting. When you resort to insulting the other side's intelligence, that signals either that you have run out of real arguments or that you lack the patience necessary to continue the debate.
Or maybe you're just trolling here? In that case, I'd like to help you out. Which way did you come in?


REALITY:   You chose to IGNORE someone calling me " unpatriotic " for posting the truth about Bitcoin, but are very eager to say my statements are insulting Huh

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 am sure any rational person would want to take INVESTMENT ADVICE from you 🤣🤣🤣🤣

Hard Facts

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.


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April 21, 2020, 10:46:16 AM
Merited by milewilda (2)
 #46

Bitcoin a digital gold is just one of the examples people use to explain it to people new to Bitcoin, and it is indeed a digital Gold because the price dumped recently in the name of Coronal virus doesn't make it not so. Bitcoin is better than Gold, We have had 10 years now, how many of these year has Gold  or Stock market actually beat Bitcoin gains, I can only think of one.

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.

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April 24, 2020, 06:52:46 PM
 #47



 Cheesy

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April 24, 2020, 10:03:37 PM
Last edit: April 24, 2020, 10:16:08 PM by oapieNL
 #48

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.

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June 01, 2020, 10:32:59 PM
 #49

People must look on a different way to bitcoin.
Why is everyone looking to the dollar price for bitcoin.


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.

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June 02, 2020, 06:52:54 AM
 #50



 Cheesy


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. Cool


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June 02, 2020, 02:29:41 PM
 #51

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.
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June 02, 2020, 06:24:17 PM
 #52

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

Whales gather information and act like Gekko


Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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June 06, 2020, 07:22:25 PM
 #53

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.

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
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June 06, 2020, 10:08:40 PM
 #54

~
The world and bubble economic conditions you knew for the last 10 years are OVER, OVER, OVER.
As if you think only crypto is the only bumble and the rest are perfectly fine  Roll Eyes.

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 🙈🙈🙈🙈
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.
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June 06, 2020, 11:14:22 PM
 #55


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



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
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June 07, 2020, 02:07:41 AM
 #56

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.

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June 07, 2020, 06:38:30 AM
 #57

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

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June 07, 2020, 07:24:15 AM
 #58


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

Bitcoin

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

June 6, 2020   $9683

Roll Eyes

Well you have taken a date interval of 7 and 13 years this is cherry picking Grin
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...

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June 07, 2020, 08:39:10 AM
Merited by DeathAngel (2)
 #59

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.

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HardFacts (OP)
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June 07, 2020, 05:19:17 PM
 #60

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.

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
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June 07, 2020, 07:15:40 PM
 #61

...
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.
...

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... Cheesy



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June 07, 2020, 08:37:29 PM
 #62

Yeah, well I can't believe you're still here.

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.
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June 30, 2020, 05:16:08 PM
 #63

...
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.
...

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... Cheesy


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
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