USA stockbroker & financial commentator predict that BTC will hit $100k

[Cryptocrit]

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Peter Schiff is an American stockbroker, financial commentator, and radio personality known for his strong opinions and predictions about the economy and finance. He co-founded Echelon Wealth Partners (formerly Euro Pacific Canada) and is involved in other financial services companies, including Euro Pacific Asset Management and SchiffGold (formerly Euro Pacific Precious Metals). He gained recognition for predicting the 2008 financial crisis, though his other predictions haven't always come true.

In recent years, Bitcoin has captured the attention of investors worldwide, with some predicting astronomical rises in its value. However, not everyone shares this optimism, as noted by Peter Schiff, a prominent financial commentator.

Schiff acknowledges the potential for Bitcoin to rally to $100,000 or more, but he remains cautious. He believes that such an increase may not be significant enough to justify the risk involved in betting on it. Despite Bitcoin's past highs, Schiff points out that it has been moving sideways for three years, indicating a lack of clear momentum. He questions whether there is a catalyst powerful enough to drive its price higher.


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https://www.cryptocrit.xyz/2024/02/Peter-schiff-about-BTC.html

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[DeathAngel]

Peter Schiff is one of the biggest Bitcoin doubters that exists. He’s been bashing Bitcoin for over a decade, it’s become a meme. Gold has barely moved in comparison to how well Bitcoin has performed since he has been publicly bashing it. If Peter Schiff is finally conceding that Bitcoin is going to 100k then in reality, it probably means we are going to 1 million $ per coin.

[cryptoaddictchie]

Peter Schiff is one of the biggest Bitcoin doubters that exists. He’s been bashing Bitcoin for over a decade, it’s become a meme. Gold has barely moved in comparison to how well Bitcoin has performed since he has been publicly bashing it. If Peter Schiff is finally conceding that Bitcoin is going to 100k then in reality, it probably means we are going to 1 million $ per coin.

Well now whose shilling it. This proves that he is probably fudding before just to make a good entry price but now the wind has changed presumably he already got in somewhere and starting to whistle about bitcoin to pump the bag. Its not normal though but this space of crypto is affected by the rich people which eventually using their popularity or money to earn more. Well on the safe side if bitcoin could do $100k then a lot of people will rejoice on that.

[bolshojkush]

The growth of bitcoin is accompanied by an influx of new investors who previously did not believe in it and laughed at it, but now understand that it is a great tool for making money. The $100,000 mark will be reached easily, but how long will bitcoin last on it? After all, we have seen the rise and fall of the crypto market at least 2 times.

[Mpamaegbu]

~snipped~

Well now whose shilling it. This proves that he is probably fudding before just to make a good entry price but now the wind has changed presumably he already got in somewhere and starting to whistle about bitcoin to pump the bag.

You know their regular mindset and that's why I don't rate them. I don't follow what they pretentiously let out to the public that they do. It's for this reason too that I don't believe billionaire businessman Buffet doesn't hodl Bitcoin. Even if he claims he doesn't know what and how Bitcoin works, I'm sure the shrewd business mindset of his would alert him to invest a bit there so as not to completely lose out.

Well on the safe side if bitcoin could do $100k then a lot of people will rejoice on that.

It's no longer a question of "if". It's "when". Well, I won't be that excited when we get to the point because I'm optimistic that its price should get well over that. $120k – $150k is where I've my eyes on.

[o48o]

Peter Schiff is one of the biggest Bitcoin doubters that exists. He’s been bashing Bitcoin for over a decade, it’s become a meme. Gold has barely moved in comparison to how well Bitcoin has performed since he has been publicly bashing it. If Peter Schiff is finally conceding that Bitcoin is going to 100k then in reality, it probably means we are going to 1 million $ per coin.

Well now whose shilling it. This proves that he is probably fudding before just to make a good entry price but now the wind has changed presumably he already got in somewhere and starting to whistle about bitcoin to pump the bag. Its not normal though but this space of crypto is affected by the rich people which eventually using their popularity or money to earn more. Well on the safe side if bitcoin could do $100k then a lot of people will rejoice on that.

A broken clock can be correct twice in a day. That doesn't mean anyone in crypto should pay any attention to this guy in the future, even if Schiff turns pro crypto (he is not going to do that though). He has called bitcoin a ponzi, and this is "another classic pump-and-dump” for him, which he is unable to prove. Crash from volatility and pump & dump scam mechanics are 2 very different things like Schiff perfectly well knows. Saying this is a pump and dump implies that he thinks this next pump would be a planned and coordinated scam.

Also if he would secretly join bitcoiners, he would need to explain how he was wrong (which he won't do) or knowingly take a part of a ponzi that he claims bitcoin is. And Schiff doesn't strike me as something who would do that.