Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Bitcoin (BTC)
Peter Schiff blames whales for BTC price situation
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yugocean, post: 255473, member: 25081"] [JUSTIFY]With his harsh criticism of bitcoin, billionaire gold trader Peter Schiff sparks a battle every day on Twitter between proponents and detractors of cryptocurrency. [URL='https://twitter.com/PeterSchiff/status/1541555258379444228?t=Uy3NLi2RrrYwSfPvviY07w&s=19'][ATTACH type="full"]54405[/ATTACH][/URL] This time Schiff claims that bitcoin whales are to blame for the price volatility of bitcoin since they were successful in inflating the currency up to close to $70K, making it very simple for them to dump it at $20K. In his statement, Schiff referred to bitcoin as being "more worthless." Without specifically mentioning the "Buy the Dip" technique, Schiff alluded it while pointing out that individuals are purchasing bitcoin as a "bargain". While crypto opponents blogged against bitcoin in anticipation of Schiff's responses, crypto supporters instead chose to criticise and make fun of Schiff. Dan Held, a well-known cryptocurrency web blogger, posted a picture of a Simpsons cartoon with the caption "Old Man Yells At Bitcoin." Some people choose the middle ground, describing bitcoin as a money-making technology and gold as a valuable metal but objecting to the connection between the two.[/JUSTIFY] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Bitcoin (BTC)
Peter Schiff blames whales for BTC price situation
Top