The famous gold researcher, Peter Schiff, never misses an opportunity to get Bitcoin. He wrote on Twitter that the price of Bitcoin will never reach $ 50,000.
Peter Ship, skeptical about Bitcoins, sees that Bitcoin can not reach $ 50,000
Peter Schiff, CEO of Euro Pacific Capital, known for his skepticism about Bitcoins, never misses an opportunity to make his opinion known.
On Twitter, he wrote this time that Bitcoin will never reach $ 50,000.
Ship is known for its many profitable assets. Gold is an asset that he keeps mentioning. In 2008, he also correctly predicted the US housing bubble and the financial crisis that followed.
For some time, Peter Schiff also wants to be known in the crypto community, it seems. His name continues to appear under names like Anthony Pompliano, co-founder of Morgan Creek Digital or Mike Novogratz.
Peter Schiff sparked a little quarrel on Twitter when he mentioned his arch-nemesis Pompliano:
"I just saw the hot tub's host, Joe Kernes, enjoy the celebrity with Anthony Pompliano while he's advertising Bitcoin.
Prior to the 2008 financial crisis, when I was invited to CNBC, Joe criticized my board for buying gold. Joe was wrong to be bearish against gold, and he was wrong to be optimistic about Bitcoin! "
Kernen was quick to answer. He fought back with a link that led to a CNBC report in which the ship had wrongly predicted the price of $ 5,000 from gold until 2014. has not nearly reached the price in the last 100 years.
Fundstrat co-founder Tom Lee, also known for his predictions, immediately stepped in and scoffed at Schiff's golden predictions, which then thwarted the economist.
Schiff wrote on Twitter:
"For someone who saw the Bitcoin price at $ 50,000 by the end of 2018. My prediction for gold was a little closer than your Bitcoin forecast. Gold should reach $ 5,000 Bitcoin will never make $ 50,000. "
"Hahaha. It's hysterical. "
Then Lee said he saw bitcoin at $ 50,000 rather than gold at $ 5,000.
After a back and forth, Pompliano Peter Schiff has even donated Bitcoin.