Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Poor Peter Schiff, collecting gold for decades. Waiting for the fiat system collapses and his gold stash will moon, atleast that is his expectation.
Unfortunately for Peter, Bitcoin will replace gold's role as store of value and will snap all that money away.
He will not like this.
Unfortunately for Peter, Bitcoin will replace gold's role as store of value and will snap all that money away.
He will not like this.
The thing is, I like PMs too. But I'm not so stupid as to place my 95% in PMs and only 5% in Bitcoin right now. For me it's the other way around.
Bitcoin is the waaayyy undervalued asset right now and much more of an asymmetrical bet than Gold.
Bitcoin will either go to $0 ore it will worth millions.
As far i can see it it's going mainstream, regulation framework, adoption and development all lights are at green, Torque.