Bitcoin "will never reach $ 50,000" 2

Bitcoin "will never reach $ 50,000"

Bitcoin (BTC) will never rise to $ 50,000, as Gold Beetle and the cryptosceptor Peter Schiff said in his recent attack on the world's largest cryptocurrency.

"It's hysterical".

In one Discussion in social networks On August 20, Schiff, known for criticizing Bitcoin, said that gold would certainly reach $ 5,000 in the future.

Schiff spoke with Joe Kernen, the CNBC host, who recently interviewed Anthony "Pomp" Pompliano, a Bitcoin fan, who often mocked the ship.

Joe criticized my board for buying gold before the 2008 financial crisis when I was invited to CNBC. Joe was wrong while he was so optimistic about the gold, and he was wrong when he is optimistic about Bitcoin. is! "Then ship.

Kernen then reminded Schiff of his forecast that gold would reach $ 5,000. It had not been filled yet. Tom Lee, the co-founder of Fundstrat Global Advisors and another regular guest of CNBC, joined the conversation, describing the gold forecast as "hysterical".

"The gold will eventually reach $ 5,000, and Bitcoin will never exceed $ 50,000."

The reinforced vessel then stated that the BTC / USD pair would not reach the levels expected by Lee.

"My gold forecast was much closer to reality than your Bitcoin forecast, and gold will eventually reach $ 5,000, and bitcoin will never exceed $ 50,000," he said. he writes.

On Twitter, users have talked about the relative irony of Schiff's pessimism, which owns Bitcoin and accepts it as a means of payment for its gold transaction.