Gold advocate Peter Schiff said Bitcoin will eventually be worth $0, while BTC dipped Monday amid broader risk-off trading to start December. The remark fed negative sentiment as markets turned cautious.
Peter Schiff called Bitcoin's recent dip a "modern-day tulip bubble" and accused CNBC of routinely giving bullish coverage as BTC falls, intensifying his long-standing criticism. His comments on Nov. 17, 2025 highlight the continuing media and market debate over crypto's fundamentals.
Economist Peter Schiff taunted Bitcoin supporters with a social poll after BTC slipped under $100,000, asking how far the price must fall before they concede he was right. The move reignites an old debate over Bitcoin’s long-term merits and market psychology.
Peter Schiff renewed his critique of crypto after Circle's stock (CRCL), tied to USDC issuer Circle, plunged about 71% from its IPO level. The drop has become a focal point in debates over confidence in stablecoin issuers and crypto-linked equities.
Economist and commentator Peter Schiff warned on X that the U.S., now the world's 'Bitcoin capital,' will be most exposed if the crypto bubble collapses, criticizing Trump's push to make the U.S. a crypto leader. He said being Bitcoin capital carries a 'heavy cost' for American investors.
On Nov. 12, 2025 Peter Schiff dismissed Cathie Wood's $1.2 million Bitcoin projection as "a wild guess," prompting reactions across crypto channels. The exchange highlights the ongoing split between bullish institutional forecasts and long‑standing skeptics.