Peter Schiff Back Bashing Bitcoin Hodlers With More Whale Song

Sometimes you get the feeling that certain industry pundits would rejoice if Bitcoin and crypto markets crashed and everyone got wiped out. New ideas and technology frightens a lot of people, especially the old school types that have made their money in other investments.

Bitcoin Holding Steady

We are now into the fifth day since the epic market surge that briefly took BTC back to five figures again. A little has been added since yesterday but Bitcoin is still consolidating around the $9,300 level. Aside from a brief dip below $9,100 yesterday there has been no attempt to break out of this channel.

Spending some time on crypto twitter you get the impression that some would actually revel in a massive collapse of digital assets. Peter Schiff is one of those characters that appear to post just to get a reaction, and he usually does. He almost changed stance on crypto last week but is back on the attack again.

His latest comments are still suggesting that the entire Bitcoin market is…