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Author Topic: one reason not to buy BitCoin  (Read 794 times)
Alone055
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December 08, 2024, 07:09:04 PM
 #21

I won't be surprised if he got some Bitcoin lying around.

I doubt every Bitcoin critic who has ever said anything negative about Bitcoin never bought Bitcoin. It somehow feels that they do this only so that they can get more Bitcoin for a cheaper price and then benefit from it. I mean, how can someone be so stupid as not to understand that an asset has huge potential? Even if you don't love the technology itself, which you should, you can at least think about the potential profits you can generate using the asset, which alone is enough for you to like it, somehow.

Look at Michael Saylor and MicroStrategy; they understood the potential Bitcoin has very early, and they have greatly benefited from it since then. Many other companies and businessmen did the same. For some reason, some people can't do things straight. They can't show support openly and would start behaving like they have a negative perspective, but for some reason, it feels that they are lying and only trying to deceive the public with their words, and their actions in the back must be different than what they publicly say.

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December 08, 2024, 08:43:40 PM
 #22

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM
Never knew him before, but he looks exactly like how I imagine an older generation who would be a naysayer to Bitcoin.
Then I do some googling a little bit, and I found this.

Does Peter Schiff Regrets Not Buying Bitcoin?

This is kinda ironically funny, but also some kind of an anime character development at the same time.
What do you guys think?



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December 08, 2024, 08:54:59 PM
 #23

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

Peter Schiff Booo!

He has been saying the same old crap since bitcoin was 5 digits. Any time bitcoin makes another ATH this dude loses more of what's left of his mind. I'm afraid we'll lose him completely before btc makes it a million usd. He doesn't like bitcoin and he is not going to buy any. We already got that. I don't understand why he is keep hating it on twitter and youtube. Whenever he opens up his mouth he can't stop talking shit about bitcoin. Maybe that's his way of attracting views. In the end this guy is getting paid by his adgivers on youtube. The more hits he attracts the more views his ads will receive and he will make more money. I think we should ignore him.

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December 08, 2024, 08:55:08 PM
 #24

I don't watch, listen to, or read people who are against Bitcoin mainly because I know they are going to say things that I don't agree with and I'm pretty confident that they can't change my mind about anything related to Bitcoin and cryptocurrencies in general. So, if I watch such videos or read articles and stuff about people talking negatively about Bitcoin and other cryptocurrencies, I will merely be wasting my time and nothing else.

This is the reason why I have learned to ignore such things, and I would suggest everyone do the same. If they are doing what they are preaching then they are wrong and have been wrong, but we don't even know if they are doing it themselves or just advising us and making us go in the wrong path while they are hoarding the assets themselves.

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December 09, 2024, 07:18:00 AM
 #25

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM
Believe anything from Peter schiff at your own peril, atleast at this stage, I grown past when I need someone to tell me what to do with Bitcoin, I buy and I sell bitcoin at my very own discretion, and it's been profitable, I have bitcoin I set aside as an investment and I am happy with its growth, only crypto newbies or intending crypto newbies will come across/watch videos like this and fret.

Peter schiff is a known bitcoin hater who is doing all he can to stay relevant on the industry, know that this is his only shot and being famous, so his hate for bitcoin is for his personal gain..
He knows that alot of people already love bitcoin and if he preaches love for it as well, he will just be one of the many, so to set himself aside from the rest and try to be unique, he choose the other side, which is to preach against bitcoin, as like I said before, he believe this is his only shot at being famous and staying relevant in the industry, pay him no attention or you will be missing a life long opportunity.

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December 09, 2024, 07:38:44 AM
 #26

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM
Believe anything from Peter schiff at your own peril, atleast at this stage, I grown past when I need someone to tell me what to do with Bitcoin, I buy and I sell bitcoin at my very own discretion, and it's been profitable, I have bitcoin I set aside as an investment and I am happy with its growth, only crypto newbies or intending crypto newbies will come across/watch videos like this and fret.

Peter schiff is a known bitcoin hater who is doing all he can to stay relevant on the industry, know that this is his only shot and being famous, so his hate for bitcoin is for his personal gain..
He knows that alot of people already love bitcoin and if he preaches love for it as well, he will just be one of the many, so to set himself aside from the rest and try to be unique, he choose the other side, which is to preach against bitcoin, as like I said before, he believe this is his only shot at being famous and staying relevant in the industry, pay him no attention or you will be missing a life long opportunity.

I intend opening the link to see what it's all about but when I saw the name Peter Schiff I had to retrace my steps cause I know it would be filled with thrash, one thing I've figured out about Bitcoin criticis is that majority of the are secret Bitcoin lover and stack the coin aggressively but would have to switch sides due to one reason which is fame, I figured out that Bitcoin critics who come out on the media to claim their distrust for Bitcoin are mostly famous and that's their goal.

 So I don't listen to their thrash talks and bullshits they go all say on the media, Peter Schiff is full of shit, he can do whatever he likes to get famous but the world have moved past those days when many people see Bitcoin as a financial threat or scam, people are beginning to see it's potential and are vastly embracing it, so I careless about him and I believe people who are open to the opportunity that comes with Bitcoin would do same too.

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December 09, 2024, 08:35:25 AM
 #27

Only dumb people will listen to Peter Schiff and take his advice which means they are little kids that don't know what they want for themselves. Someone just come on the internet, because he is a bitcoin hater to criticize bitcoin and you listen to him without making your research. It means anyone can mislead you to your grave easily and you wouldn't think twice. We are not the same and my likes are differ from yours. Just ignore everything Peter Schiff is saying.

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December 09, 2024, 08:38:48 AM
 #28

There may be one reason not to buy BTC, but many, many more of them will buy it instead.
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December 09, 2024, 08:41:07 AM
 #29

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM
Never knew him before, but he looks exactly like how I imagine an older generation who would be a naysayer to Bitcoin.
Then I do some googling a little bit, and I found this.

Does Peter Schiff Regrets Not Buying Bitcoin?

This is kinda ironically funny, but also some kind of an anime character development at the same time.
What do you guys think?

Never saw him around too, but he should be ignored in my book, that would be it.
I listened to 5 minutes of him and didn't want more of that.

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December 09, 2024, 08:42:22 AM
 #30

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

Peter Schiff Booo!

He has been saying the same old crap since bitcoin was 5 digits. Any time bitcoin makes another ATH this dude loses more of what's left of his mind. I'm afraid we'll lose him completely before btc makes it a million usd. He doesn't like bitcoin and he is not going to buy any. We already got that. I don't understand why he is keep hating it on twitter and youtube. Whenever he opens up his mouth he can't stop talking shit about bitcoin. Maybe that's his way of attracting views. In the end this guy is getting paid by his adgivers on youtube. The more hits he attracts the more views his ads will receive and he will make more money. I think we should ignore him.

Maybe that's it. Or he just really hates the idea of BTC being prosperous.
It's his loss either way.

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December 09, 2024, 08:50:23 AM
 #31

Only dumb people will listen to Peter Schiff and take his advice which means they are little kids that don't know what they want for themselves. Someone just come on the internet, because he is a bitcoin hater to criticize bitcoin and you listen to him without making your research. It means anyone can mislead you to your grave easily and you wouldn't think twice. We are not the same and my likes are differ from yours. Just ignore everything Peter Schiff is saying.

Do you think there is room for Peter and the likes of him? I don't think so. Everybody who has been out there in the crypto space knows what people like him say.
Those people don't crave knowledge - only an object or group to hate. So it's better to keep pushing forward and forget about them.
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December 09, 2024, 08:52:09 AM
 #32

Peter Sheriff is not someone anybody who cares about Bitcoin should listen to. He proclaimed openly that Bitcoin will never get to $100k and he failed.

There are so many of his utterances about Bitcoin that outrightly wrong. Even his son doesn't listen to him , I don't think anyone else should even have him on their program.

This man Peter Sheriff would secretly have some Bitcoin but the shame and embarrassment to admit it won't allow him because of his followers.

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December 09, 2024, 08:52:36 AM
 #33

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

Why would I be interested in someone who is negative about bitcoin, it's better to focus on the communities that believe in bitcoin than on things like that.
Then, after all, buying bitcoin is a kind of choice, whether you want it or not, there's no compulsion here.

Then, when it comes to short-videos, it shouldn't be longer than 1 minute, that's all, but it's probably longer than 20 minutes if I'm not mistaken from what I saw.

I will cut you short - you didn't lose anything  Grin
Another man who puts gold over the digital era.
No amount of such people should affect what you or I think about BTC.

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December 09, 2024, 10:39:45 AM
 #34

An interesting but short read

https://www.youtube.com/watch?v=YguVue0lgxM

Do you believe that guy? Look what happen to people still doubt about bitcoin, they had been left behind. But look at those institutions and particularly the country who adapt bitcoin. They are reaping good profits for what Bitcoin has reached by now.

Its your choice if you follow the opinion of those critics since its expected that he or they doesn't have anything positive to say about bitcoin.

Also no one really cares about his opinion here.

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December 09, 2024, 11:21:09 AM
 #35

Sorry, but I'm not spending a second watching another Peter Schiff.
Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?

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December 09, 2024, 11:29:32 AM
 #36

Sorry, but I'm not spending a second watching another Peter Schiff.
Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?

Heard the same thing about Buffett - can't deny or prove it, just like everybody else.
But I would be happy for him to be into BTC for real, but only to himself.

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December 09, 2024, 11:36:27 AM
 #37

Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?

Heard the same thing about Buffett - can't deny or prove it, just like everybody else.
But I would be happy for him to be into BTC for real, but only to himself.
It would be a shameful thing for them to come openly to say they are holding some portion of bitcoin in their portfolio knowing too well that they deceived lot of people from not venturing into bitcoin investment at the right time, due to their lack of knowledge or not having foresight on what bitcoin would become in the nearest future. Today we are celebrating bitcoin at $100k+, do you think if they knew the future would be like do could make such post to deceived people from not investing into bitcoin at the early stage?

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December 09, 2024, 11:40:16 AM
 #38

Most times he might knew what he is doing but just want to be overly popular through bitcoin by speaking against it.
Though I believed that it's a big slapped to him for putting up this big messed on his face, now he is seeing the rate at which price is soaring.
Who ever knows if he is holding bitcoin and decides to deceived others?

Heard the same thing about Buffett - can't deny or prove it, just like everybody else.
But I would be happy for him to be into BTC for real, but only to himself.
It would be a shameful thing for them to come openly to say they are holding some portion of bitcoin in their portfolio knowing too well that they deceived lot of people from not venturing into bitcoin investment at the right time, due to their lack of knowledge or not having foresight on what bitcoin would become in the nearest future. Today we are celebrating bitcoin at $100k+, do you think if they knew the future would be like do could make such post to deceived people from not investing into bitcoin at the early stage?

In the early stage - he wouldn't do such a post because BTC was not that known at that time.
If it weren't for BTC - another coin would take its place.
The worst thing is that if he really believes in what he thinks because, of course, by our knowledge and standards - he is wrong, yet we wouldn't want to prove anything to him due to how stubborn he is.

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December 10, 2024, 12:21:05 PM
Last edit: December 10, 2024, 12:39:39 PM by Patikno
 #39

Only dumb people will listen to Peter Schiff and take his advice which means they are little kids that don't know what they want for themselves.
We are all newbies at one point in life, my friend. Calling new-learners dumb for haven't gotten exposed to Information about Bitcoin is quite harsh, isn't it? Not all people are surrounded by good environment and friends who trust in Bitcoin. Those so called critics often trying to prevent these newbies to not buy Bitcoin by indoctrinating them somehow. Imagine someone who are new in Bitcoin, they are considering to buy Bitcoin but unintentionally found a guy like Peter Schiff talk bad about Bitcoin on television, this might alter their own decision.



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December 10, 2024, 01:21:07 PM
 #40

Only dumb people will listen to Peter Schiff and take his advice which means they are little kids that don't know what they want for themselves.
We are all newbies at one point in life, my friend. Calling new-learners dumb for haven't gotten exposed to Information about Bitcoin is quite harsh, isn't it? Not all people are surrounded by good environment and friends who trust in Bitcoin. Those so called critics often trying to prevent these newbies to not buy Bitcoin by indoctrinating them somehow. Imagine someone who are new in Bitcoin, they are considering to buy Bitcoin but unintentionally found a guy like Peter Schiff talk bad about Bitcoin on television, this might alter their own decision.

Agreed. And then we have Warren Buffet, one of the richest billionaires that has always been anti-crypto.

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