Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching $6k to $2k now, he is so sure that sooner or later Bitcoin will fall below $1k and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin!
Source: TheCoinRepublicWe can not condemn someone for their free thoughts. Maybe the price will be as he says in the future. How do you know? Maybe our thought is wrong. His only mistake is that if there is a community following him, he may be able to influence them. But, as I understand from other thoughts, there are very few who see him as smart. If so, we should not mind.