“Bitcoin heading to $0.00 & many will lose everything when bubble pops – warns investor Peter Schiff” – RT | $17,010.53

Maria Martinez
Author
Last updated on:
Fact Checker

These currencies are going to trade to zero or pretty close to it when the bubble pops,” predicts Schiff. “Right now, the only reason why people are buying bitcoin is because the price is going up. When it turns around, they are not going to sell it for the same reason.”

“There is no value in bitcoin, you can’t use it as money,” Schiff points out. “It’s too slow, too expensive and too vulnerable.”

Eulogy made by Peter Schiff

Source

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Maria Martinez
Maria Martinez

Maria Martinez is an esteemed blockchain enthusiast who has spent many years as a writer specializing in cryptocurrency and blockchain technology. With over a decade of experience navigating the complexities of this niche, Maria brings a meticulous eye for detail... Read More

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service
We hate spam as much as you do. You can unsubscribe with one click.