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“# Elon Musk says BTC, ETH prices “high” while dunking on Peter Schiff ” While his electric car company announced a Bitcoin purchase weeks ago, Elon Musk finally became a true Bitcoiner last night by engaging in a time-honored cryptoTwitter pastime: dunking on Peter Schiff. Yesterday morning Schiff, the noted gold bug and Bitcoin skeptic,…
“# Gold bug Peter Schiff gives Bitcoin permission to hit $100K ” The man who once said “Bitcoin will never hit 50K” has doubled down on the bearish prediction that Bitcoin will eventually go to zero. Back in 2019, CNBC host Joe Kernen speculated that Bitcoin’s price would reach $55,000 by May 2020. Peter Schiff mocked him at…
“# Cat got your tongue? Bitcoin critics wither in 2020 ” Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs. However, Bitcoin’s performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp. Yet compared to other bull run years…
“# Shawarma connoisseurs serve up perfect recipe for Bitcoin adoption ” A Canadian restaurant chain known for serving shawarma, hummus, and other Middle Eastern delicacies has dropped some serious truth bombs about why Bitcoin (BTC) is a better store of value than gold. In a series of tweets, Ontario-based Tahini’s Restaurants explained why Bitcoin —…
“# Every asset manager must understand Bitcoin — Erik Voorhees ” Shapeshift CEO Erik Voorhees has drawn a metaphorical line in the financial sand, stating that every asset manager should understand Bitcoin now based on its astonishing rate of return. Voorhees made the comments while retweeting data shared by analytics platform Messari co-founder Dan McArdle…
“# Bitcoin adoption is the main key right now, Novogratz says ” Mike Novogratz, CEO of financial services firm Galaxy Digital, recently expressed his usual bullish Bitcoin sentiments on CNBC’s Squawk Box morning show. During the short segment, the show’s interviewer asked Novogratz about Bitcoin (BTC) in relation to gold. He noted that big players are…
“# Gold and Bitcoin eye inflation-adjusted all-time highs… but it’s taken gold 40 years ” Gold bug and Bitcoin (BTC) skeptic Peter Schiff was just 17 years old when the yellow metal set its true all-time price high. Meanwhile, Bitcoin, a much younger asset, sits close to its inflation-adjusted all-time high, or ATH, after just…
“# ‘Coordinated media FUD’ about Bitcoin from Financial Times to Fox Business ” Mainstream media outlets are finally reporting on the recent rally that saw Bitcoin creep close to its all-time high — but some commentators appear to be determined to spread FUD. Two articles released within hours of each other earlier today — a…
“# Fool’s gold? Peter Schiff’s bank under investigation in tax evasion probe ” This morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. According to reporting from Australian newspaper The Age and The New York Times, the J5 — a joint…