I really like this guy

hes right about btc and gold, but wrong about cryptocurrencies in general imo.

Attached: Peter_Schiff_Show_-_Cover_Art_-_Square_-_V1.png (1500x1500, 2.86M)

Other urls found in this thread:

blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7
youtube.com/watch?v=XfcvX0P1b5g
twitter.com/AnonBabble

>predicts catastrophe every year.
>when 2008 happened, takes credit as predicting it (even though he didn't have the vision or intelligence to short the MBS market correctly)
>told people to sell stocks and buy gold in 2011 (those who listened missed out on the biggest bull run in American history)
>regardless of if gold goes up or down, he makes money
>regardless of if his shitty funds perform (they don't), he makes money
Yeah, seems like a great guy. Keep listening!

Attached: th.jpg (474x487, 20.03K)

hes right about the bubble popping and taking the usd down with it... its happening right now before our very eyes.

just because his predictions took longer than expected doesn't mean he was wrong, just wrong on the timing.

he is not right about bitcoin
EVEYRTHING he says about bitcoin can be said about any asset being speculated
he understand NOTHING of the technology behind

the only way someone properly criticizes bitcoin is by criticizing Hashcash
if you can't criticize hashcash, you can't say anything about bitcoin

>just because his predictions took longer than expected doesn't mean he was wrong, just wrong on the timing.
Being correct too early and being wrong are literally the same thing.

Also the DXY is at 92, not exactly a catastrophe yet. You are popping your champagne a bit early there my lad. Start worrying when it gets into the low 80s or high 70s.

Attached: 1585504921599.png (884x874, 713.64K)

btc is old, outdated, slow, and expensive... its value comes from it being the first cryptocurrency and thats literally it, the market will eventually mature enough to realize there are other projects that are a better investment

writings on the wall

>countless shitcoins
>”decentralized oracles”
>JSON
>”toilet flushes”

Crypto was a good idea until scammers figured out to turn them into penny stock PnD

>writings on the wall
He said the same thing in 2011. 12,13,14,15,16,17,18,19,20.... oh yeah here we are...

I'm very bearish on equities now, I hold PMs, I even own mining stocks, but listening to Schiff is a waste of time because he's a permabear, and they always have the same story.

he has terrible timing
but he made a killing shorting the housing bubble and he did predict it

>slow, and expensive
that's a feature not a bug , dumbfuck
you understand nothing of the value it proposes lmao
that's why it goes up in value and you can't seem to wrap your head around it