I actually created a topic about this like 12 hours ago. Died out immediately unfortunately. 
https://bitcointalk.org/index.php?topic=5171072.msg52023538
Anyway, as always from Peter Schiff's arguments, he always liked to throw around that "Bitcoin is not stable hence not a good currency and SoV".
I mean, I expected him to be an expert at these stuff, but does he really expect that a 10 year old open market asset to be stable in price in a decade alone(? While bitcoin is not the ideal currency and SoV currently for most people in economically healthy countries(compared to countries like Venezuela), it can be in the future. To get there, we're going to need a lot of liquidity from traders, speculators/investors, and from niche users(like us here). It's going to take some time for it to be stable in price like gold. It frustrates me a lot why almost no one defending Bitcoin points out the lack of liquidity that could increase with time.
https://bitcointalk.org/index.php?topic=5171072.msg52023538Anyway, as always from Peter Schiff's arguments, he always liked to throw around that "Bitcoin is not stable hence not a good currency and SoV".
I mean, I expected him to be an expert at these stuff, but does he really expect that a 10 year old open market asset to be stable in price in a decade alone(? While bitcoin is not the ideal currency and SoV currently for most people in economically healthy countries(compared to countries like Venezuela), it can be in the future. To get there, we're going to need a lot of liquidity from traders, speculators/investors, and from niche users(like us here). It's going to take some time for it to be stable in price like gold. It frustrates me a lot why almost no one defending Bitcoin points out the lack of liquidity that could increase with time.
peter's position is simple conservatism. by his rules, he can't really be proven wrong. he's right that bitcoin could be an asset bubble, and we can't affirmatively know that now---only long afterwards in hindsight. if the object is store-of-value and not speculative gains, then he's right that bitcoin is unreliable.
the thing about conservatives is they are always fighting the future and never foresee big changes. i believe he will be proven wrong in time, but he's correct that we bitcoiners are in no position to declare bitcoin a store-of-value yet.
Would be interesting to see if you will get the same amount of hatred as I got when I expressed the same position on store-of-value. Seems that quite a few members of bitcointalk feel it is ok to curse and criticize any new member that express a reasonable and detailed point of view which is different from what they are told the last 2 years.