Is Peter helping bitcoin pump?

[Betwrong]

I mean he just tweets about bitcoin so often. He may be thinking that he is guiding his followers out of bitcoin but what he could be doing is making them more curious that they will eventually buy like his son did. Bad publicity is still publicity eh?


So who will be the next company that he'll attack? Visa? Paypal?

As long as you invoke the curiosity of any subject it's a form of publicity, there's a saying good and bad and publicity is still publicity and those who read about the subject in this case Bitcoin is the subject, will do research and they will find how good Bitcoin is on the technology and investment side, you cannot put a good project or technology down, it will generate support even coming from bad publicity.

I agree. For things of questionable quality bad publicity can be harmful, but something like Bitcoin can only benefit from any publicity.

In the beginning of the Internet some ministers of various religions were calling it "Devil's web" and things like that. Today all of them are using it. I bet in 10 years Peter Schiff will be using BTC himself.

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[0xBitcoins]

There will be some of them who will be afraid to buy because of the things he has been saying, and there will also be some of them that are curious and would like to try it out. It’s just like among my friends, when I talk about Bitcoin  there are some of them who would be saying bad about it, saying things like – Bitcoin is volatile and all that, but after they have watched it for years now and seen how it has been growing they are now curious and now they want to be part of it.

This will be the same thing with his fans, most of them would have possibly all the bad that has been said about Bitcoin and how it has still succeeded and going strong, and they will now be developing interest.

[iv4n]

I find his tweets about Bitcoin hilarious. Like an old dog, hating the new time.

I don't think he's moving the market at all, but at least I guess he's getting a sale or two of his 'Cash' books.

His tweets are hilarious! And some people are making jokes about him and his tweets all the time, there's even some account with similar username... I can't say I follow this man, but sometimes I throw a look on what he writes and comments under, it was funny in the beginning, now I just think that man is making a fool of himself in that years... I doubt he can move anything more than a chair, and with his attitude I wouldn't trust him even with that!
Too much attention if about this guy, that's for sure!

[Renampun]

yes, maybe Peter did contribute to the bitcoin pump this time,
because he is also sure I buy bitcoin and hold until new ath is reached,
but what needs to be remembered is, Bitcoin is not only owned by Peter, but is owned by everyone.

I don't think that Peter is the cryptocurrency influencer...
I see Peter has very few followers when compared to other crypto influencers, so it is very difficult to have a big impact on the bullish price of Bitcoin. *IMO, bitcoin pump because it's time to pump

[jaysabi]

Kevin O'leary talked about getting into crypto in 2013, then talked about how it was all a bad investment, and now bought some bitcoin himself. Do not really be worried about what these big financial heads say, because one thing they say today could be something they disagree with tomorrow and they could switch back and forth forever.

Moreover, we are talking about a world where we are not really making a huge profit if we only listen to certain people. We have to realize that these people are not talking based on facts or any data, they are talking about it from the perspective that makes them the most profit, they will never agree to say anything that will lose them money. Hence I doubt anyone should care about them nor should the price be affected by them.

It's like you're unfamiliar with the concept that people can change their minds or that ideas evolve over time as more information becomes known.  2013 was ages ago in the crypto space.  Bitcoin could be both a bad investment at the time when looking at everything as a whole and a good investment now.  Just because you make money on something doesn't mean it was a good investment, it just means you lucked out.  You can bet your house on black on the roulette table in Vegas and win, that doesn't mean it was a good investment.  It just means you got lucky.

[Distinctin]

I find his tweets about Bitcoin hilarious. Like an old dog, hating the new time.

I don't think he's moving the market at all, but at least I guess he's getting a sale or two of his 'Cash' books.

His tweets are hilarious! And some people are making jokes about him and his tweets all the time, there's even some account with similar username... I can't say I follow this man, but sometimes I throw a look on what he writes and comments under, it was funny in the beginning, now I just think that man is making a fool of himself in that years... I doubt he can move anything more than a chair, and with his attitude I wouldn't trust him even with that!
Too much attention if about this guy, that's for sure!

Peter is obviously seeking for public attention. He believes that if he keeps posting negativity about bitcoin, his followers might also emphatize on him but it turns out that bitcoin is even gaining more positive price increase despite of his tweets. Probably his followers are already making a deep research about bitcoin and it turned out that they like bitcoin now than hating it.

[MUG1WARA]

There have been so many tweets like that since the existence of bitcoin but I don't think the people tweeting is helping the bitcoin pump at all, pundits' tweets are just tweets that don't mean anything

[Kez1817]

yes, maybe Peter did contribute to the bitcoin pump this time,
because he is also sure I buy bitcoin and hold until new ath is reached,
but what needs to be remembered is, Bitcoin is not only owned by Peter, but is owned by everyone.

I don't think that Peter is the cryptocurrency influencer...
I see Peter has very few followers when compared to other crypto influencers, so it is very difficult to have a big impact on the bullish price of Bitcoin. *IMO, bitcoin pump because it's time to pump

I agree! Peter is not the only influencer in cryptocurrency, there are so many out there with more followers than him. Also bitcoin pump because of the demand which is consist of different personality and individual that adopt bitcoin.

[tyz]

A large portion of individuals spend their bitcoin in betting and I feel that is the way bitcoin is enduring.

Compared to the total number of Bitcoin transactions, the number of Bitcoin used for betting is relatively small, although Bitcoin for betting was also one of Satoshi's original intentions. At the moment, the largest number of Bitcoins is probably used purely for speculation.

[verita1]

I think Peter is sending a message to those who invest in gold minimizing the potential of bitcoin and of course both tweets have no impact on this bull run.
He knows that Bitcoin is advancing by gaining more investors and the giant PayPal will attract more companies to trust Bitcoin.
We are at a peak moment that favors us as a community. Bitcoin will be fulfilling the objective that we want a more efficient digital economy.

[SmokerFace]

A large portion of individuals spend their bitcoin in betting and I feel that is the way bitcoin is enduring. Individuals used to wager in gambling site than putting away it for long haul investment. Peter's assertion can not assist bitcoin to rise more. One individual can not lead the cost to the moon. All we require enormous speculator and daring person. After the appropriation of bitcoin in the PayPal community, I see a lot of variance in the market.

[cryptoboss2020]

No body Don't need btc pump...
They can Mint USDT and pump as long as fed printing more money also.
There no need fomo If you have USDT.

[inoes]

I am interested in the advice of Peter Schiff, for us this information has often been heard and even so the evidence is that people are still coming to buy bitcoin ranging from Paypal, Guggenheim Partners to Wall Street companies which are listed as having invested US $ 530 million in Bitcoin. so I think he's one of the commentators who are enlivening the crypto market.

[Lanatsa]

No body Don't need btc pump...
They can Mint USDT and pump as long as fed printing more money also.
There no need fomo If you have USDT.

well I also think like this because so far I am very strange with USDT, this can make the price rise instantly and can also make the price collapse and destroy the price of bitcoin, if like this then the bitcoin price movement can be controlled by FED and of course this could be bad news and bitcoin's main purpose is gone.

Manipulation would be always there if that thing do happen but doesn't mean that it will completely crush the entire market because as long theres demand then it will eventually or surely recovered after that. When it comes to bitcoin pump then it all matters with the demand and same as as said it doesn't need any reason nor needed something.
Common issues is there always and not surprising but due to decentralized type of market then those will be somewhat useless.

We have lots of known personalities of this market which are mostly institutional investors on the other side but they are now considering bitcoin
but they aren't really making some sure impact towards it.

[AndySt]

We have lots of known personalities of this market which are mostly institutional investors on the other side but they are now considering bitcoin
but they aren't really making some sure impact towards it.

I would not say so categorically, because the market is greedy for information occasions and well-known personalities can have a short-term effect on the market, not without reason many advertising campaigns are based on the participation of famous personalities and attracting attention to the product due to this, but if this is not supported by fundamental reasons, then the market will still take its course and will still return to the usual balance of supply and demand.