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Author Topic: Critic Peter Schiff again on bitcoin  (Read 250 times)
Oshosondy (OP)
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July 14, 2025, 12:41:15 PM
 #1

See what he posted on X
https://x.com/PeterSchiff/status/1943349876999246070

Bitcoin is not an asset to be compared with silver because silver is in lower class to bitcoin but he compared them recently with his rubbish talks.

He said silver has long term value in addition to what he posted on X. We shall see what will happen in the next 10 to 20 years and know which one has the highest value.

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.

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July 14, 2025, 12:48:42 PM
 #2

Can we just stop giving attention to this fucking guy? By posting his tweet here, You are doing exactly what he wants from you. He is getting them sweet clicks thanks to you. Thanks to you, more people wonder what is the deal with this bozo.

It might surprise you but this retard actually has followers that seriously believe what he says and if he gets more traffic, some of those visitors will stay with him.

So it is better to ignore him altogether. Let’s pretend he is not there.

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July 14, 2025, 12:55:00 PM
 #3

Those old brain's dont really know what stock market is all about, and what assets really are, that is why you hear them make such joke of themselves making such ridiculous statements, so dont let this old retired guys deceive us.

They have old money that is why they value old assets, like silver or gold so much and cant withstand the advance technicalities of the new era assets like bitcoin, let they be bro, i have most of them on ignored list on x.

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July 14, 2025, 12:59:40 PM
 #4

Just because he predicted the 2008 financial crisis and the housing bubble doesn’t mean he’s right this time. It’s fine that he believes in gold and silver and criticizes fiat,  that’s fair. But calling Bitcoin a possible Ponzi scheme? That’s just crazy.

Look at how many times Bitcoin has been criticized… and how many of those critics eventually ended up joining the space. He shouldn’t be late to the party. Gold and silver are stable, but Bitcoin has been way more profitable.

 
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July 14, 2025, 01:00:58 PM
 #5

Does anyone still listen to what he says about bitcoin. His modus operandi is very clear, he wants to get more attention on what he says though the bitcoin community, for example, he could have just spoken on why he thinks silver is a good investment and that people should diversify into it, without mentioning bitcoin, but NO, he must wrap his talk around bitcoin.

Schiff is really enjoying the name "bitcoin critic." Lol.

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July 14, 2025, 01:33:51 PM
 #6

Sometimes it’s actually good to have a few Bitcoin critics around as it keeps the conversation more balanced and stops people from becoming blindly bullish. We laugh at guys like him while he’s busy ranting, but the ones who see the potential are already riding the bull run and stacking profits for the future.

Honestly, without people like Peter Schiff, the market would be kinda boring.
Just let him do his thing, every circus needs a clown anyway.

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July 14, 2025, 01:37:47 PM
 #7

Does anyone still listen to what he says about bitcoin. His modus operandi is very clear, he wants to get more attention on what he says though the bitcoin community, for example, he could have just spoken on why he thinks silver is a good investment and that people should diversify into it, without mentioning bitcoin, but NO, he must wrap his talk around bitcoin.

Schiff is really enjoying the name "bitcoin critic." Lol.

At this point I think we have given Peter Schiff so much attention that's why he could come up with any thing he thinks about bitcoin and boom it will all go viral so the best thing to do is to unfollow him and not take whatever he says seriously.
  Peter Schiff knows the damage he's doing to bitcoin but since he's aware that his opinion doesn't affect the growth of bitcoin nor her investors he thinks using silver to compare bitcoin is the only thing he can do now to attack all holders who is happy to see recent price movement of bitcoin.

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July 14, 2025, 02:16:36 PM
 #8

Still the same Bitcoin he criticized is what he requested from followers to send him as his birthday gift for the year. If someone tells me that this Schiff is secretly investing in Bitcoin, I wouldn't have any doubt about it, common, this man is not that foolish not to know the potential that Bitcoin possess, I really doubt. In the near future, all of them would publicly turn their open hand to Bitcoin. Until then.

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July 14, 2025, 02:47:07 PM
 #9

I won't give my time to that guy. He's into gold and other precious metals and keeps on telling bad things about Bitcoin.
His kid is admirable than him because his son has invested on Bitcoin. That guy doesn't deserve the attention of everyone in the community.
He's just seriously for the clout and he seems to like it when he's telling gibberish talk against BTC because he's getting engagement from everyone.

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July 14, 2025, 03:39:57 PM
 #10

Peter loves attention, I don't think anyone can convince me otherwise. I am finding it hard to wrap my head around how silver is in anyway superior to Bitcoin in this text in his X. Just ridiculous.

Since he hates Bitcoin so much he should stop mentioning it and focus on other economic topics like talking about Gold and Silver. There are still some people who would listen to him to invest in those assets.

Bitcoin has been doing so well that more institutions are getting in, someone should tell him that he is on the wrong side of history.

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July 14, 2025, 04:10:50 PM
 #11

See what he posted on X
https://x.com/PeterSchiff/status/1943349876999246070

Bitcoin is not an asset to be compared with silver because silver is in lower class to bitcoin but he compared them recently with his rubbish talks.

He said silver has long term value in addition to what he posted on X. We shall see what will happen in the next 10 to 20 years and know which one has the highest value.

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.
Fact is no matter how good bitcoin is, we will still have those haters. Not everyone is going to like BTC, not everyone is going to buy bitcoin, not everyone is going to hold bitcoin. The fact is that the world will continue to grow, the number of bitcoin users will grow along side it, so one fucking guy saying trash just won't matter much. He can blar all he wants, but comparing bitcoin with silver shows how dump he actually is. Twitter is just of such many people, that's why I don't bother to listen to them or at all. Bitcoin not Ponzi and even the blind will testify to that...

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July 14, 2025, 08:54:24 PM
 #12

---
He said silver has long term value in addition to what he posted on X. We shall see what will happen in the next 10 to 20 years and know which one has the highest value.

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.
While Silver has been existing for a long time already, why I have this feeling that he's indirectly criticizing Bitcoin and saying that we should buy silver using our profits that we get selling our Bitcoin because it can easily crash while Silver isn't.

Anyway, that comes from a guy who's criticizing Bitcoin for life. I didn't see the part where he said that Bitcoin is a ponzi, but who in the mind thinks that Bitcoin is still like that despite the US government accepting it already. Well, as we all know, famous people will still have some bashers whatever they do, so I guess it's the same with Bitcoin. There will always be bashers left and right, and it's up to us now if we will follow what they're saying or not. For sure when the bear market happens next year, he will criticize Bitcoin more than ever.
So it is better to ignore him altogether. Let’s pretend he is not there.
I can do that, but we're on the internet world, and sometimes, there are trolls who want to feed a troll even more.

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July 14, 2025, 09:17:40 PM
 #13

I believe Peter believes what he says, people saying he is just making it up or fake are a bit too harsh or skeptical.
  He is genuine in his take on modern economics vs the class gold standard which did last for a very long time, some people want that old system so the argument is quite simple not really a trick or sales pitch as such.

Silver is an industrial metal, its mined alongside common metals such as lead and certainly there can be oversupply short term so I dont especially agree when he suggests it wont fall when it can halve.

 
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July 14, 2025, 09:23:47 PM
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 #14

if schiff is trying to get people to buy silver.. then schiff is trying to get rid of his silver holdings..

looking at the silver price chart.. silver is at near its ATH
its never recommended to buy into something near its ATH

looking at some bullion chart sites.. it shows palladium is at a low compared to last few years.. so best advise would be risk buying palladium

never take advice from schiff.. he only wants you to buy what he wants to get rid of

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July 14, 2025, 09:28:48 PM
 #15

See what he posted on X
https://x.com/PeterSchiff/status/1943349876999246070

Bitcoin is not an asset to be compared with silver because silver is in lower class to bitcoin but he compared them recently with his rubbish talks.

He said silver has long term value in addition to what he posted on X. We shall see what will happen in the next 10 to 20 years and know which one has the highest value.

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.

Saw this tweet the very first day it was there, it was when bitcoin wanted to break into the $115k price then I just simply scroll to the next tweet because Peter Schiff has long been a bitcoin critic and all this things are definitely not surprising because he has long been discovered as one, he is even called as inverse Schiff because anything he says about bitcoin, bitcoin does the opposite of it. He was the saying it would be dream to see bitcoin above $100k now with bitcoin well above that price that even a war couldn’t stop it, he is saying it is the perfect time, like bitcoin is shitcoin that will dump soon

There is no problem diversifying if that’s his concern but Atleast it should be to a well performing asset if someone is looking for upward movement. I have nothing again Silver and it is a good asset but when we are talking about moving to it because it will pump and the asset your selling off is bitcoin. It is a dump take to me, because bitcoin is clear ahead interms of growing in price

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July 15, 2025, 05:46:57 AM
 #16

See what he posted on X
https://x.com/PeterSchiff/status/1943349876999246070

Bitcoin is not an asset to be compared with silver because silver is in lower class to bitcoin but he compared them recently with his rubbish talks.

He said silver has long term value in addition to what he posted on X. We shall see what will happen in the next 10 to 20 years and know which one has the highest value.

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.
There is freedom of speech and he can say anything he wants about Bitcoin. While what he said can be different than what he think of Bitcoin.

And is silver used in this comparison, but not gold?
Peter knew that his saying is bullshit and he does not want people to think of it as his business marketing. So he avoided using gold but intentionally used silver in the comparison.

In 2025, how do people still care about Peter Schiff and his anti-Bitcoin sayings when Bitcoin has become stronger with years and now they are strong enough to survive as well as prove that all "Bitcoin is dead" sayings are all bullshits.

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July 15, 2025, 07:30:52 AM
 #17

Just because he predicted the 2008 financial crisis and the housing bubble doesn’t mean he’s right this time. It’s fine that he believes in gold and silver and criticizes fiat,  that’s fair. But calling Bitcoin a possible Ponzi scheme? That’s just crazy.

Look at how many times Bitcoin has been criticized… and how many of those critics eventually ended up joining the space. He shouldn’t be late to the party. Gold and silver are stable, but Bitcoin has been way more profitable.
Everybody is entitled to their opinions about Bitcoin but it doesn't stop it from reaching ATH and making it's long term holders richer. The sooner critics like Peter Schiff, understands this undeniable fact and joins the party like you said the better for them. I used to criticize Bitcoin but that was in it's early stage when it hasn't built any potentials, I even called it a Ponzi scheme at that time but today it's a different story for me. Bitcoin has nothing more to prove to anyone at this stage, it's profitability is prove enough and crystal clear so it's either to be a smart investor and get in now or keep criticizing and regret in the future when we're counting our ROI.











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aylabadia05
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July 15, 2025, 08:09:09 AM
 #18

See what he posted on X
https://x.com/PeterSchiff/status/1943349876999246070

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.
A man like Schiff will live a long life and throughout his life will continue to be in the ranks of those who continue to oppose assets that are out of reach of the common sense.

The common sense of others in the crypto space is not as foolish as one might think because they know what should be the primary target in any purchase they want to make for long-term assets.
He is clever, but the common sense of bitcoiners will not be easily influenced by his stupid tweets.
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July 15, 2025, 08:19:50 AM
 #19

He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.
At this point, he might just be doing this for attention. Does anyone still really believe him? If anyone is still believing this guy, I might have to lose respect. All the evidences explaining why bitcoin isn't a ponzi scheme is available for free on the internet so there are no excuses.

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July 15, 2025, 08:47:58 AM
 #20

I don't really listen to crypto influencers, maybe only occasionally if I find a topic I'm interested in. I don't think they have objective reviews though as they could be influenced from third parties, and given funds to promote certain viewpoints.

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