peterschiff

Renowned investor and long-time Bitcoin critic Peter Schiff is once again stirring the debate between crypto enthusiasts and traditional asset supporters. According to him, Bitcoin may be nearing a major collapse, just as gold and silver are soaring amid a weakening U.S. dollar and rising global uncertainty.

Gold and Silver Rally, While Schiff Predicts Bitcoin Sell-Off
Schiff warns that many investors could be caught off guard if Bitcoin crashes — especially those who bought it as a hedge against a potential collapse of the U.S. dollar. He believes capital is now flowing back into “safe haven” assets like precious metals, and that Bitcoin is losing its shine in this environment.

His warning comes just as silver surged $1.60 in a single trading session, breaking above $66 per ounce, while gold remains above $4,300. According to Schiff, both metals could reach new all-time highs before the end of the year.

Crisis Ahead? Bitcoin Might Fall Instead of Protect
Schiff argues that the rally in precious metals signals a growing loss of confidence in the U.S. dollar and Treasury bonds. He warns that the American economy is heading toward what he calls a major historical crisis, marked by rising inflation, lower consumer confidence, and higher unemployment — factors that, in his view, could cause Bitcoin to crash rather than protect against it.
Schiff is not alone in his bearish outlook:
🔹 Mike McGlone from Bloomberg Intelligence recently predicted that BTC may sharply decline if demand continues to weaken

🔹 Research firm 10x Research expects crypto hedge funds to sell off $10 to $20 billion in assets, putting downward pressure on markets by year-end

Why Are Gold and Silver Surging?
The main driver of the current precious metals rally is the weakening U.S. dollar, which is hovering near a two-month low. This increases the appeal of dollar-denominated assets like gold and silver.
Another factor is the market's growing expectation of interest rate cuts in 2026. Analysts now forecast that the Federal Reserve could cut rates twice, which would be bullish for non-yielding assets like precious metals and potentially even crypto.
Markets are also watching upcoming U.S. employment data, which could influence the Fed’s future policy decisions.

Saylor Still Bullish on Bitcoin’s Long-Term Value
Despite the bearish predictions, some crypto leaders remain confident. Michael Saylor, head of MicroStrategy, still believes that Bitcoin will surpass gold in market value over the next decade. He sees BTC as the ultimate long-term store of value for the 21st century, regardless of short-term volatility.

#BTC , #crypto , #PeterSchiff , #bearish , #CryptoNews

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Renowned Bitcoin critic and gold advocate Peter Schiff has once again taken aim — this time at Michael Saylor, founder and executive chairman of MicroStrategy, for his bold declaration during the keynote at the Bitcoin MENA conference. Saylor claimed that his firm’s goal is to buy all available Bitcoin. “We’ll buy it all,” he stated confidently — a remark that drew immediate mockery from Schiff.

Saylor Aims to Turn the Middle East into a Bitcoin Sovereignty Hub
Michael Saylor delivered a 45-minute keynote speech to over 10,000 attendees including sovereign wealth fund reps, bankers, family offices, and hedge fund managers. He laid out a vision of transforming the Middle East into a global hub of Bitcoin-based financial infrastructure.
He described Bitcoin as “digital energy” — a programmable, scarce asset that could power a new era of economic sovereignty. MicroStrategy, which currently holds over 650,000 BTC, reaffirmed its commitment to aggressive accumulation, despite market fluctuations.

Schiff: That 8% Yield Exists Only in Saylor’s Imagination
Peter Schiff wasted no time in responding. He criticized not only Saylor’s maximalist approach to Bitcoin but also MicroStrategy’s use of preferred stock offering investors a promised 8% yield backed by the firm’s Bitcoin reserves.
But Schiff argued this yield only exists as long as Bitcoin’s price keeps going up. If the growth slows or reverses, the entire structure could collapse.
“There is no actual cash flow behind it. The yield only exists in Saylor’s imagination,” Schiff posted on social media.

Risk or Revolutionary Vision?
Saylor’s speech came shortly after MicroStrategy revealed its largest Bitcoin purchase in recent months. However, critics are warning that the strategy — built entirely on price speculation without generating real income — is dangerously fragile.

While Schiff believes it’s a bubble destined to burst, Saylor continues to promote Bitcoin as the only path to digital financial freedom.

#strategy , #Saylor , #PeterSchiff , #bitcoin , #CryptoNews

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Peter Schiff, the well-known economist and outspoken Bitcoin critic, has once again taken aim at the leading cryptocurrency. This time, he questioned BTC’s reputation as “digital gold,” suggesting that its role as a strategic reserve is rapidly losing credibility.

Schiff Fires Back: “Gold Soars, Bitcoin Drops”
In a recent comment, Schiff argued that Bitcoin is failing to act as a hedge against inflation, especially as concerns over stagflation and tariffs intensify.

“Tariff uncertainty is weighing on financial markets. Gold is hitting record highs while Bitcoin is falling. Goodbye strategic Bitcoin reserve,” he remarked sarcastically.

According to Schiff, the very idea of holding Bitcoin as a reserve asset may no longer make sense.

Crypto Community Fires Back: “Bitcoin Is More Than Just a Daily Chart”
His remarks, unsurprisingly, sparked backlash across the crypto world. On-chain analyst Erik Huisman fired back:

“While people like Trump and Larry Fink are playing 4D chess, Peter’s staring at a daily chart. Grow up, Peter. Real leaders see something you clearly don’t.”

Prominent Bitcoin advocate Dan Held also joined the conversation, mocking Schiff with a meme and suggesting that Schiff’s constant criticisms have lost their impact.

The Ironic Twist: Schiff Shows Interest in Holding BTC?
What raised eyebrows even more was that on his 62nd birthday, Peter Schiff surprised many by expressing interest in holding BTC in a hardware wallet — a remarkable shift for someone known for attacking Bitcoin for years.

Was it symbolic? A genuine change of heart? No one knows for sure.

Market Snapshot
Bitcoin has been highly volatile in recent days. After briefly touching $88,000, it dropped to $83,000, then rebounded slightly to $83,148.79, marking a 0.28% gain over 24 hours.

Conclusion: Is Schiff Softening His View, or Just Playing the Same Old Tune?
Given the turbulent market and Schiff’s recent comments, some wonder if the long-time critic is rethinking his stance on Bitcoin — or simply doubling down on his usual skepticism.
Regardless, the crypto community remains firm: Bitcoin continues to be viewed as digital gold by its believers, even amid price swings. And short-term volatility isn’t enough to shake long-term conviction.

#BTC , #BitcoinReserve , #GOLD , #CryptoNewss , #PeterSchiff

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“