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Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a debate on whether gold is a superior store of value to Bitcoin.Schiff was facing off against Skybridge founder and former politician Anthony Scaramucci in a debate hosted by Intelligence Squared on Aug 25. Before the gold
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The Bitcoin (BTC) price bottomed at exactly the point that gold bug Peter Schiff said that it would crash further — and proponents are reminding him of his mistake.Retweeting a now infamous Twitter post that Schiff made in mid March, popular trader “CryptoBull” noted that he had accidentally called Bitcoin’s
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The vast majority of Twitter users trust 18-year-old Spencer Schiff’s investment advice over that of his father, Peter Schiff — a renowned gold bug and Bitcoin critic.“Against my advice my son just bought even more Bitcoin,” said Schiff. “Whose advice do you want to follow?”Against my advice my son @SchiffSpencer
Read MorePeter Schiff, a popular mainstream financial commentator and gold advocate, recently told people to send Bitcoin (BTC) to his 18-year-old son. "Since so many of you Bitcoin guys are ribbing me because my son [Spencer Schiff] bought Bitcoin, why not really rub it in by gifting him some as a belated
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A known gold enthusiast, financial commentator Peter Schiff said Bitcoin (BTC) holders are not actually looking to the asset as a storage of wealth — one of the most commonly touted use cases surrounding the coin. "I buy gold as a way to store my wealth, as a conservative place to
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Despite a decade-long track record and growing adoption as a medium of exchange and store of value, Bitcoin is still seen as a pyramid scheme by some. One such individual that still sees the leading cryptocurrency in that light is Peter Schiff, the chief executive of Euro Pacific Capital and a
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In 2018, Bitcoin plunged as low as $3,200. Save for a handful of analysts, few investors expected the cryptocurrency to fall that low and that from its $20,000 all-time high. Despite the drop, bulls managed to re-assert control over the market, taking BTC back to $14,000 in the six months after
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Bitcoin (BTC) has succeeded in trolling infamous skeptic Peter Schiff as another attempt to discredit investors falls flat.In a fresh Twitter survey on July 14, Schiff asked how long BTC/USD should trade at four figures or less for investors to sell their coins.“I’m taking it to the grave”With 18 hours
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Peter Schiff, the CEO of Euro Pacific Capital, says “HODLers” of Bitcoin “remain delusional” because gold outperformed Bitcoin since 2019. But, BTC actually outperformed the precious metal so far in 2020.Schiff said:“Since hitting its high in June of last year the price of Bitcoin has fallen by 33%. During that
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Max Keiser believes that bitcoin naysayers like Jim Rogers, Mark Cuban, and Peter Schiff will go all-in and invest big in bitcoin when they understand it. He guarantees this to be the case, having predicted that the price of bitcoin will reach $400,000.Max Keiser and the Bitcoin NaysayersPopular television
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