RATE Group | It’s Impossible for Bitcoin (BTC) Price to Be Too Low: Peter Schiff
87324
post-template-default,single,single-post,postid-87324,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

It’s Impossible for Bitcoin (BTC) Price to Be Too Low: Peter Schiff

03 May It’s Impossible for Bitcoin (BTC) Price to Be Too Low: Peter Schiff

Posted at 12:19h in Cryptocurrency News by

Contents

  • Tesla is too high, Bitcoin is too low
  • Bitcoin bears in disbelief

Economist and gold advocate Peter Schiff has once again clashed with Bitcoin enthusiasts, claiming that the BTC price cannot be too low.


Schiff, who infamously called Bitcoin a fad in June 2011, maintains that the flagship cryptocurrency has no intrinsic value, which is why any positive price is not low enough.  



   


Tesla is too high, Bitcoin is too low


On May 1, Tesla CEO Elon Musk caused quite a stir by tweeting that his company’s stock was trading too high. This almost instantly wiped nearly $15 bln from the market capitalization of the electric car…

Source link

Tags:
, , , , ,