منو سایت

  • خانه
  • Bitcoin
  • Bitcoin bear, Peter Schiff, admits that bitcoin can reach $ 100,000

Bitcoin bear, Peter Schiff, admits that bitcoin can reach $ 100,000

 تاریخ انتشار :
/
  Bitcoin

TL; Fault DR

  • Peter Schiff predicts that BTC could reach $ 100,000 and $ 1 million.
  • Schiff is still negative about bitcoin and cryptography.

Peter Schiff, a well-known anti-cryptography and bitcoin economist, admitted that the price of bitcoin may eventually reach $ 100,000. Schiff noted that the coin is ready for another bull.

However, he maintained his negative stance against Bitcoin, although he claims he regrets buying some of them in 2011.

In an interview with Coin Stories, the Bitcoin bear made the revelation because he continued to maintain his downturn in the cryptocurrency market.

Bitcoin bear, Schiff and his golden paradise

Schiff is famous for many things in the financial industry. It has always been known that Schiff defends gold and speaks ill of bitcoins and other altcoins in the crypto community.

Despite predicting the bull’s downward trend in cryptography, he still maintained his digital assets and maintained his negative bias toward coins.

Speaking to Coin Stories, Schiff denied allegations that BTC had ever been used as a means of paying the masses. Using bitcoin as a means of payment is the ultimate goal of a coin encrypted on its white paper.

Schiff also criticized AMC’s entertainment move to accept bitcoins in its cinemas. He said even Bitcoin fans, like Anthony Pompliano, do not believe anyone wants to spend their assets on tickets or popcorn.

He also talked about coin volatility, saying no landlord would decide to accept BTC for rent because the price goes up and down proportionately.

Schiff regrets investing in cryptography

Amid Bitcoin’s negative justifications for cryptography, he agreed that the coin is among the best-performing since the dollar.

Bitcoin has had a return on investment of more than 8,000,000 over the past decade. This led Schiff to admit that he first had to buy part of the property when he first heard about it in 2011.

He then talked about the potential of coins up to $ 100,000 or even $ 1,000,000 per coin.