BitcoinWarrior

News and Education

Bitcoin To $100,000? Gold Bug Peter Schiff Says It Could Happen

Peter Schiff is a Bitcoin skeptic who became famous for predicting the 2007 mortgage-backed securities market crash. “The truth is the real success of Bitcoin rests on more people buying it,” he said. “If you own it, you need to get many of your friends or colleagues to buy it because that’s the only way its prices go up.” However, on Anthony Pompliano’s podcast, Schiff gave a take on Bitcoin that is seemingly contradictory to his previous anti-crypto stance. “Can Bitcoin rally to a $100,000 or more? Sure it can, but I don’t even think it’s worth betting on it because it’s not even that big of…