Gold bug Peter Schiff says Bitcoin has dropped 30% since he advised selling at $110K last year.


He’s now warning that this year’s hype around “digital credit” and institutional adoption will soon blow up, just like previous cycles.
Classic Schiff — still calling for the big $BTC crash.
Do you agree with him or think he’s missing the bigger picture?
BTC0.59%
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GateUser-6e4bcd15
· 12m ago
we can I love it when you are you are you going home and I'm not a bad day I love❤
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GateUser-0fdb3438
· 15m ago
The person who sold at 110K last year now bought back at 77K, feeling great.
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OneUnfilledOrder
· 2h ago
Schiff has been shouting for over ten years, and his ears are calloused.
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GateUser-9a7ea5b8
· 2h ago
Then you need to bill yourself for your own insights.
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RocksUnderTheAurora
· 2h ago
Every cycle is the same; after a while, no one believes the "wolf is coming" calls anymore.
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NeonUmbrella
· 2h ago
His son has secretly bought BTC already; the old man is just stubborn.
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FeeTakerPhD
· 2h ago
Gold hasn't stopped falling this year either, big brother, don't mention second brother.
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FeeswitchWhisperer
· 2h ago
Finally got one right after ten years of being bearish, worth celebrating on Twitter
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TwoFactorZen
· 2h ago
Institutional custody and ETFs are structural changes, not the ICO bubble of 2017.
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雾里看TVL
· 2h ago
I actually hope he keeps shouting, the reverse indicator works smoothly.
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