Peter Schiff | ForkLog

ForkLog 9 18.06.2024

Peter Schiff Highlights Bitcoin ETF Risks

Peter Schiff, President of Euro Pacific Capital, has outlined a potential hedge fund strategy that could lead to the collapse of Bitcoin and MicroStrategy. I wonder how many #Bitcoin or Bitcoin ETFs were bought by hedge funds shorting MicroStrategy. If $MSTR tanks and funds unwind those trades, they will be big sellers of Bitcoin and […]

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ForkLog 8 22.04.2024

Peter Schiff Criticizes Bitcoin for High Transaction Costs

A sharp increase in transaction fees on the day of the halving prompted Euro Pacific Capital President Peter Schiff to once again declare the failure of the first cryptocurrency. The cost to complete a #Bitcoin transaction is now $128 and it takes a half hour to process. This is another reason why Bitcoin can’t function […]

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ForkLog 70 17.04.2024

Peter Schiff Questions Bitcoin’s Potential to Reach $100,000

Peter Schiff, President of Euro Pacific Capital, has expressed skepticism about the ability of a Bitcoin ETF to elevate the cryptocurrency’s price to $100,000 or beyond. If #BitcoinETFs are really going to send #Bitcoin to $100K or higher, why are all the Bitcoin related equities in bear markets? For example, $COIN is down 21%, $GLXY […]

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ForkLog 7 12.04.2024

Peter Schiff Predicts Bitcoin’s Collapse Due to ETFs

Peter Schiff, President of Euro Pacific Capital, explained on Patrick Bet-David’s podcast how Bitcoin will face “the biggest crash in history,” leading MicroStrategy to bankruptcy. A well-known critic of the leading cryptocurrency, Schiff described it as a Ponzi scheme lacking intrinsic value. According to him, Bitcoin’s price rises solely due to hype and the greater […]

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ForkLog 7 04.04.2024

Gold Enthusiasts Seize on Bitcoin’s Correction

The price of gold has reached a new all-time high, providing gold enthusiasts with fresh ammunition to criticize the leading cryptocurrency amid its recent correction. According to data from American Hartford Gold Group, as of April 4, gold prices have nearly hit $2300 per troy ounce, with growth accelerating since mid-February. Data: American Hartford Gold […]

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ForkLog 20 14.03.2024

Peter Schiff Regrets Not Buying Bitcoin in 2010

Peter Schiff, President of Euro Pacific Capital and a critic of the first cryptocurrency, admitted he would not have minded buying Bitcoin in 2010. He made this statement on the Impact Theory podcast with former Goldman Sachs executive Raoul Pal. Host Tom Bilyeu asked Schiff if he would buy digital gold if he could go […]

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ForkLog 9 26.01.2024

Peter Schiff Envisions Bitcoin Reaching $10 Million Under Extreme Conditions

Peter Schiff, President of Euro Pacific Capital and a critic of the leading cryptocurrency, has suggested that by 2031, Bitcoin’s price could reach $10 million under a highly hypothetical scenario. If the U.S. dollar goes the way of the German Papiermark then I supposed that’s possible. — Peter Schiff (@PeterSchiff) January 26, 2024 According to […]

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ForkLog 15 20.01.2024

Peter Schiff Predicts Further Bitcoin Decline

Peter Schiff, President of Euro Pacific Capital and a critic of the leading cryptocurrency, has stated that he anticipates a continued decline in the value of digital gold, citing a decrease in demand for spot bitcoin ETFs. The reason that investor buying of the new #BitcoinETFs isn’t pushing up the price of #Bitcoin is that […]

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ForkLog 11 29.11.2023

Peter Schiff calls Bitcoin a ‘cheap imitation of gold’

Peter Schiff, president of Euro Pacific Capital and critic of Bitcoin, again stated that gold is superior to Bitcoin, and called the latter 'cheap imitation'.

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ForkLog 13 21.10.2023

Peter Schiff Compares Bitcoin Enthusiasts to a Cult

The president of Euro Pacific Capital and critic of the first cryptocurrency, Peter Schiff, said that Bitcoin is of no use to anyone. He also compared holders of the asset to a cult.

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ForkLog 8 03.07.2023

Peter Schiff predicts Bitcoin will fall to zero.

The rapid decline in the price of the first cryptocurrency is only a matter of time, according to Peter Schiff, president of Euro Pacific Capital.

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ForkLog 5 25.06.2023

Peter Schiff Forecasts Imminent Drop in Bitcoin Price

Peter Schiff, president of Euro Pacific Capital and Bitcoin critic, said there is 'nothing lower-quality than cryptocurrencies'.

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