Bitcoin ‘Won’t Shine For Long’, Peter Schiff Warns Of Imminent Collapse

[SRShanuka2020]

Bitcoin ‘Won’t Shine For Long’, Peter Schiff Warns Of Imminent Collapse



Bitcoin price just made another cross on the $9,000 level, with weekly bars showing the bulls are in control. However, according to a bigtime gold investor and BTC detractor, Peter Schiff, BTC’s future after the halving remains bleak.

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[SRShanuka2020]

Post Up.... Because Need your Opinion......

[mlawson71]

Why does he think that? Also, if he's a detractor, isn't his opiniob biased?

[Senin]

Everyone can have their own opinion on the development of cryptocurrency and express it in this and other similar forums. Of course, someday Bitcoin will stop its price increase. In any case, this will not happen in the near future. His popularity is now so high that he will once again demonstrate price records. What will happen to the price of bitcoin after this, no one knows yet.

[TomPluz]

As long as there is cryptocurrency, Peter Schiff has a big mission of saying nothing good on Bitcoin and will make sure that people will not be investing on it. Now, he will be disappointed every time Bitcoin is rising and can be so giddy happy when BTC is dumping. Well, I am tired of his arguments already. So maybe we should be looking for somebody else to listen to.

[Noverteno]

No one knows how long Bitcoin will exist. We hope that cryptocurrency is already very strong and will enter our life for a long time. So far, halving the remuneration of miners has not caused a drop in the price of bitcoin in the first months after this event, as happened previously in similar cases. Therefore, in the future throughout the year we expect a very significant growth in the cryptocurrency market following bitcoin. Now we will observe how the onset of the global economic crisis will affect the price of cryptocurrency. This event can also dramatically raise the price of cryptocurrency. Most likely, it will be by the end of this year.