Post
Topic
Board Bitcoin Discussion
Re: Peter Schiff vs. Stefan Molyneux - Gold v. Bitcoin Debate (video)
by
gangplank
on 26/11/2013, 08:41:46 UTC
well, he did say 'if i could buy bitcoins at $30 like when it was before, i'd do it." which is a stupid point to bring up, since it's complete hindsight. what happened was that he was bearish on BTC when it was $30 or so, and he didn't think it was worth it, but he wouldn't admit that.

That's because it's all about whether there is an opportunity for him to skim the profits. Because he doesn't understand it, he doesn't want anyone buying it until he has a firm grasp on it and then him, Alex Jones and the rest of those affiliate marketers will start flogging it hard. Probably won't happen though as their listener base is too stupid to grasp the concept so they'll stick to gold, silver, survival seeds and fucking berkey water filters.