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It is true, that we cannot conclude that with just one person the volume of bitcoin can have a very large pump. I think Peter is only a small part of the investors who contributed, but not all. Unless he owns ten million bitcoins, maybe we can say there is a possibility ... but there are still many investors scattered around the world who are causing the bitcoin pump. One of the reasons is the increasing interest of people to invest in bitcoin because during a pandemic situation, investing in bitcoin is the right way to save their property.
Oh so you're saying Peter has bought bitcoin now? He may be many things but I don't think he's someone playing that "spread FUD to buy btc at a lower price" game.
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Honestly, it's my first time knowing about Peter. Bitcoin's price increase was noticeably more mature when Paypal announced it was accepting Bitcoin purchases on their platform. One person's opinion would be difficult to make cryptocurrency attractive but when a large company opens up its self to cryptocurrencies (like PayPal) it creates a huge domino effect..
I agree with you. Peter did not help the bitcoin pump because making bitcoins value is not done by just one person. It is difficult for him to attract more bitcoin investors but big companies can do it with the millionaires and billionaires who now also use and invest in bitcoin.
You are both missing the point. It's not his intention to make bitcoin an attractive investment. It's actually the opposite but he could be helping out by constantly attacking btc.
We're on first name terms with Peter Schiff now are we?
I'm not in trouble am I?