Peter Schiff Sees A Bitcoin Bubble In The Making. Peter Explains Why Bitcoin Is Not "Gold 2.0"
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Whistler Blowers, Insiders
Peter, I really like your work but you could not be more wrong. With a max of 21,000,000 bitcoin and 8 billion you should be thinking my these could go to $100,000. They have gone up $500.00
I have yet to see a day they have not gone up a minimum of $20.00. I think you should realy rethink this one. When the news get out they are tapering forget a bout it.
keep up the good work
Robert
The bubble already happened. It went up to 900 and quickly down to 600 when the originators decided that it was time to cash in (probably getting 900 times their original “investment”).
Bitcoin is NOT REAL. It’s electronic.
Bernanke just endorsed it. If that by itself is not an indictment that it’s fake, how about how the Chinese want to get in on it.
It’s another Ponzi scheme and you can have it. I’ll stick with silver (real silver and not “paper silver”)
That’s fine. But I do hope you are diversifying. Just buying silver is not a good strategy. Silver and Gold are both heavily manipulated. If taking a few % of my money and investing in something that is within the range of possibility of going very high is wrong, then you shouldn’t be giving investment advice. Abide by the rules, don’t invest what you cannot afford to lose, and things will be fine. If I lose money in bitcoin then that is my loss, an acceptable loss. But if it does go really high like some say, well then that will be just fine too. Buying gold a silver as a way to preserve wealth is a good idea, as long as that isn’t the only thing you are doing.
TOO ALL CLOWNS, IF WE LOSE POWER/ELECTRIC, THEN BITCOINS ARE WORTHLESS,?
PUT YOUR THINKING CAPS ON,
IT LOOKS AS BAD AS THE FEDS DOLLAR
I live right next to the FEMA processing center (large train station with rail yard, and a large psych ward onsite.) In another words I will not be losing power. I will be applying for a job as gasser when the time comes.
The power will stay on just like caps-lock key.