Is Peter helping bitcoin pump?

[Kong Hey Pakboy]

To be honest this is the first time I have known his name even I'm always using a social media. Everyone can express their opinion about bitcoin so let him be. Without others shilling post about crypto imo bitcoin pump and gains massive adoptions. So when he makes noise about bitcoin it could entice people to be involved and can gains interest to what bitcoin can offer to people.

Many more will express their opinion about bitcoin, especially for people who don't like bitcoin. They will say bad about bitcoin, but on another side, many people still believe pump and waiting for the mass adoption that is still going on. We don't have to listen to people who say bad about bitcoin because we believe that bitcoin will reach more people out there because they will see that bitcoin can help them make money.

Indeed. There will always be people who will express their opinion about bitcoin and other cryptocurrencies, whether good or bad. Still, some new people will engage and invest their money in cryptocurrencies; that is why it doesn't matter who will shill post about crypto because bitcoin will continue to increase its price long term due to mass adoption.

[darewaller]

These old people do not help us, but not really hurt us as much as they want to neither. If it was up to him he would probably send us all to 1 cent per bitcoin, given the right of course, which is the proof that decentralized economy is very important because if bitcoin was something based on USA government for example and USA government exchange hands and some person who hates bitcoins became president and appointed someone who shares his hatred of bitcoin to related place? They would have run it down to hell.

Thankfully these old dinosaurs will be gone eventually and only the people who had bitcoin in all of their lives will stay, everyone who was born after 2009 will be alive by around 2100 anyway, so to say that bitcoin will be a very standard currency by that year wouldn't be shocking. Hold it for your kids and their kids.

[whyrqa]

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?

- https://twitter.com/PeterSchiff/status/1333441586282328067

Salty as he is, he even went on and attack press like CNBC for helping pump bitcoin with their coverage hehe.

- https://twitter.com/PeterSchiff/status/1333768915147755524

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

Bitcoin cannot be manipulated by one person i think because it is large system that it will be needes many experts to control it not by one person called peter. Bitcoin is a currency and the currency controlled by government or digital ecosystem.

I believe that all these statements and predictions should be treated with caution, since everyone was silent on the eve of the halving, but they began to predict a lot after it and right now, when a real bull run is celebrated on the cryptocurrency market.

[Alucard1]

A normal person who don't has good knowledge about cryptocurrency will just become curious in cryptocurrency upon reading the tweet of Peter Schiff. Well, Twitter is for personal feelings, he can do whatever he want to do or say what he wants to express, there are so many things talking things positively and negatively in bitcoin, a person who are not really interested in bitcoin wills say something bad with it, we should expect things like that and understand them.

[Saisher]

He is helping in some way, good or bad publicity is still publicity, it will not have a bad effect on the market he will just fall into the group who keeps spreading FUDS and bad publicity to Bitcoin but all of them have and will create awareness to Bitcoin and Bitcoin will still go to the moon their resistance is useless.

[Rexler]

Something tells me Peter schiff was actually paid to shill gold on twitter , LOL, I bet his so upset seeing bitcoin breaking its all time high record in a year where everything except crypto seems to be down, wonder whats his problem with bitcoin, why is he so negative about it all the time, anyway the only thing we can thank him for is keeping the bitcoin tag trending, and I don't think his the one helping bitcoin to pump, he's  just one man who say bad stuffs about btcBTC , bitcoin is a global currency and its bigger than just one man.

[nrvasquez]

He is helping in some way, good or bad publicity is still publicity, it will not have a bad effect on the market he will just fall into the group who keeps spreading FUDS and bad publicity to Bitcoin but all of them have and will create awareness to Bitcoin and Bitcoin will still go to the moon their resistance is useless.

True, sometimes publications like this can even make people more interested in something. for example not all viewers understand about bitcoin and when he writes down the points, people will try to find out more about what they are writing and will end up trying it. so it doesn't matter, the more the better. bitcoin also has a high userbase, so that's fine

[sayaya17]

He just wants to take advantage of the current beneficial situation to be as famous as bitcoin. So he became famous. Maybe he’s aiming like that.
Many people want to hitchhike popularly. And it looks like he’s quite successful with his actions.
The proof is that he’s been talking to other people, and you’re talking about it this time, too. Regardless of that, he is probably the one who ever made a loss from investing in bitcoin, maybe he mispredicted, so most of his money was lost in bitcoin investments. But perhaps my opinion is also incorrect. He’s the only one who knows what the purpose of his behavior is. We can’t ban it, because people are free to express their opinions.

[jaysabi]

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?

- https://twitter.com/PeterSchiff/status/1333441586282328067

Salty as he is, he even went on and attack press like CNBC for helping pump bitcoin with their coverage hehe.

- https://twitter.com/PeterSchiff/status/1333768915147755524

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

Peter Schiff is somewhat of a hack. His schtick is the "imminent collapse" of the dollar, which he's been on about for decades now.  It's how he makes his own money, selling investment advice to investors who buy into that sort of thing. The reason he's anti-bitcoin is because if people believe bitcoin is a legitimate store of value against this risk he's been hyping for years, then they don't need his investment advice and his assets under management goes down. I used to be a fan of Schiff, but how constantly wrong he was has turned be against him and I don't take him seriously anymore. I wouldn't take him seriously if he was hyping bitcoin either the same McAfee's opinions are worthless.

[lixer]

These old people do not help us, but not really hurt us as much as they want to neither. If it was up to him he would probably send us all to 1 cent per bitcoin, given the right of course, which is the proof that decentralized economy is very important because if bitcoin was something based on USA government for example and USA government exchange hands and some person who hates bitcoins became president and appointed someone who shares his hatred of bitcoin to related place? They would have run it down to hell.

I hate it when both sides talk this big and I have said this before as well. Whenever people talk about how bitcoin will replace fiat or gold or whatever I see those people as idiots, no doubt about it, no arguments, they are just idiots or they are just liars who would like to make a point by saying grand sentences to get attention because attention whoring is the only way they could stay relevant.

I hate it the same when people talk about how bitcoin will go down to zero and nobody will ever use it and it will crash and burn and bla bla bla, those are equally wrong and equally idiotic people as well no doubt about it. What we could potentially have here is the fact that bitcoin could be a strong alternative to everything else, not just fiat, not just gold, but everything, and stay as a very powerful alternative.

[eaLiTy]

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?

The parody of his tweets is that he is always tweeting about BTCitcoin even though it is negative and in the tweet you posted he is complaining about CNBC giving excessive coverage about BTCitcoin  .  The only thing you can see is that when there is a major correction in BTCitcoin people like Peter Schiff will shit over the market and will say i said so it is just a tulip pump . 

I liked some of his old predictions about the economic collapse and it had substance and there might be some truth about BTCitcoin and its valuation as you cannot expect the price to always go higher and you need a major correction once in a while and that is how the market sustains.

[Ridwan Fauzi]

There will be an effect for someone who has popularity and say something about the project in this case is bitcoin. Moreover in this situation where almost economic in all country face a bad problem. Someone should find another place especially investment place to still get a money and so far bitcoin has done it.

We have been feeling what has been done by bitcoin so far, although in this situation where many people get dismissed from their work we are still calm because we have bitcoin to gain money. Like myself, I still comfortable to face this situation, I have no worry although I got dismissed. Yeah, I think there will be many people who will buy bitcoin because him and it has given a good effect for bitcoin price movement.

[fullhdpixel]

People do not have that much power over bitcoin as we assume, at least I hope they do not. Peter Schiff could say or not say anything they want about bitcoin and it shouldn't really hurt or help bitcoin in anyway, since it is decentralized, that means the power people have over bitcoin should not exist, it should only be equally distributed to every single person. They should have same power over the price as I do or you do.

When people do end up with money in your pockets which makes you get heard more, that is the same injustice we had in the fiat world as well, what would be next? CZ coming out and changing something about how crypto world works? Just because he is a big name in bitcoin world? We should never give man power, because they will always abuse it. Ignore peter and move on.

[tyz]

I used to enjoy reading Peter Schiff's statements (also on other economic topics) in the past. Today I only see him as a troll, at least when it comes to Bitcoin. I don't think he wants to admit he's been wrong for years in terms of Bitcoin and that's why he keeps making new claims.

[masterzino]

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.

[Willitivity]

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?

I don't think Peter schiff can influence the market hugely, let's just say only a small fraction of people see those tweets, the market is bigger than just one man, the only tweet that made bitcoin pump hugely this year was the tweet where PayPal stated that the have started accepting crypto deposits, those kinds of tweets have what it takes to cause massive wave in the market cause they are positive about crypto, unlike Peter's tweets that his just busy bashing bitcoin up and down, I guess his just salty seeing bitcoin hit its ATH and still doing well, unlike the gold he's promoting that keeps dumping.

[jaysabi]

People do not have that much power over bitcoin as we assume, at least I hope they do not. Peter Schiff could say or not say anything they want about bitcoin and it shouldn't really hurt or help bitcoin in anyway, since it is decentralized, that means the power people have over bitcoin should not exist, it should only be equally distributed to every single person. They should have same power over the price as I do or you do.

When people do end up with money in your pockets which makes you get heard more, that is the same injustice we had in the fiat world as well, what would be next? CZ coming out and changing something about how crypto world works? Just because he is a big name in bitcoin world? We should never give man power, because they will always abuse it. Ignore peter and move on.

People invariably have the power to sway other people, which is why you have so many people on both sides screaming about bitcoin going to the moon or going to zero. Both sides are motivated by economic interests, the people on one side are hoping to get rich off bitcoin while the other side is hoping for it not to disrupt traditional models that would impact their livelihoods.

[robelneo]

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.

[tbterryboy]

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.

[bearexin]

There are some "names" in investment world that does have a value in their own places but people unfortunately assume they would have any impact in crypto as well.

The biggest and best investor we know in current world is Warren Buffet and even that dude said bad things about crypto that didn't change anything, if people do not care about Warren himself the oracle from omaha, that means we are not going to change anything because of peter or kevin or anyone else. This is a community that cares about our own people a lot more.

Charlie Lee selling his litecoins would make litecoin go down, vitalik coming out and saying they postponed 2.0 another year would drop the price, those type of names do change a lot of things for us but not the people from regular wall street world.