#Bitcoin going to ZERO (Peter Schiff) ❌

Already shocking for last 10 years. Always upside.
the Growth will never stop no matter what but yeah inorder to be healthy growth it should obviously do up and down which is fair though
 
BTC have already "went to 0" 500 times since 2013, but never got there. Personally, BTC reaching 1k would be an increadible opportunity to buy.

"Experts" say that bitcoin is not backed by anything, but in fact, it's backed by the energy it costs to produce (=mine) it.
 
"Experts" say that bitcoin is not backed by anything, but in fact, it's backed by the energy it costs to produce (=mine) it.
That logic cannot determine that it will not go to zero. It will not go to zero because of huge demand.
 
That logic cannot determine that it will not go to zero. It will not go to zero because of huge demand.
Are you talking about enviromental damage? If yes, I'd guess that oil companies will go down faster. Someone did the calculation once, can't remember who it was but it was a 60 pages pdf report that I read for something I needed at the time, the bottom line was that bitcoin is a lot better to enviroment that any of the fiat alternatives.
Personally, I don't think it changes anything.
 
It takes 5 min or so to find several pro traders on TradingVew who make it clear - market is bear and we should expect btc at 23k give or take and then it should hit new ATH.

This is going to take some time, few years maybe, nobody knows.

The thing is that if you dont know what to do and have crypto - hodl. If you have cash and want to buy you should either wait or DCA. And i you are trader you dont care as elit traders make profit in any direction. When market is bear you should short futures with leverage - not recommended for starters.
 
BTC have already "went to 0" 500 times since 2013, but never got there. Personally, BTC reaching 1k would be an increadible opportunity to buy.

"Experts" say that bitcoin is not backed by anything, but in fact, it's backed by the energy it costs to produce (=mine) it.
The time is different 2013 was different and 2022 or 2025 will be different because the knowledge, Money is changing every single day
 
Peter Schiff made me buy silver because it was going to go up so much in price. Under several years nothing happened. Don't trust him.
 
Peter Schiff made me buy silver because it was going to go up so much in price. Under several years nothing happened. Don't trust him.
he predicted as we do in our regular life so the main question is how good we are in predicting something on basis on whay and it will happen only when market react
 
Maybe so, maybe not. We’ll see.
 
Here's his radio channel for those interested:

https://schiffradio.com/
There are tons of Podcasts he did and out of 100 how many times were he correct thats the main point even in this Crypto market prediction just not Enough because that’s why we have institutional traders and Whales and Hedge funds and all trade who kill everyone predication and with all said market cannot be with single person or cannot be without Peoples
 
People assume Bitcoin will go down because its blockchain is too outdated and weak. Guess what? Bitcoin is supposed to be a store of value, not necessarily a means of transaction.
 
People assume Bitcoin will go down because its blockchain is too outdated and weak. Guess what? Bitcoin is supposed to be a store of value, not necessarily a means of transaction.
no there is nothing to relate with Blockchain or miners when its comes to Institution and Manipulation things with Countries and with their Political system
 
Just a grabbing title to grab the attention of people. It will never go to zero now.
 
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