Peter Schiff is giving his negative point of view on Bitcoin in his last podcast :
https://www.youtube.com/watch?v=lMfoFlJhcck at 01:05:48A lot of what he says about Bitcoin is 100% true : not enough shorter of the market, most people enter bitcoin to make a profit, more and more bitcoiners are at a loss now so it is bad press, miners need to sell, regulation can be a problem for Bitcoin, a lot of bitcoiners are naive/romantic/unrealistic, stop loss orders are taken advantage of in the market
But he is wrong on many things : the qualities of Bitcoin and the flaws of fiat will push the price higher, we are still telling on friends to buy, people who bought at 300-600$ didn't lose much and there is an increasingly high number of people that bought at this level, it has value as a store of value and medium of exchange, mtgox coins lost have been lost because of the third party risk such as when you give your money to a bank : if you keep your bitcoins securely you won't lose them
Peter Schiff likes Gold so much that he is not judging Bitcoin correctly and he wants bitcoiners to buy Gold; Schiff says facebook doesn't make any money and is worthless...
All the rest of what Peter Schiff says is good and he is warning everyone about the coming USD collapse, the real inflation not showed in official statistics, the fixing of the market by the FED, the dangers of Big Government, the hypocrite non racist organisations that are in fact racist and the never ending QE