Max Keiser believes that bitcoin naysayers like Jim Rogers, Mark Cuban, and Peter Schiff will go all-in and invest big in bitcoin
when they understand it. He guarantees this to be the case, having
predicted that the price of bitcoin will reach $400,000.
Max Keiser and the Bitcoin Naysayers
Popular
television personality Max Keiser firmly believes that bitcoin skeptics
will go all in big on bitcoin when they finally understand it. The host
of Keiser Report, a financial program broadcast on the media channel
RT, recently singled out three bitcoin naysayers in particular. He
tweeted Friday:
Peter Schiff, Jim Rogers, Mark Cuban,
and other pre-coiners represent huge pent-up bitcoin buying demand. When
they finally understand it, they’ll go all-in with huge buys. I 100%
guarantee this to be the case.
Keiser talked about Jim Rogers because the famed investor said last week that he thinks the value of bitcoin will fall to zero
because governments will not let cryptocurrency flourish. “Jim Rogers,
like Peter Schiff, I told to buy bitcoin at $1 $10 $100, but the
‘legendary investor’ never looked into it as evidenced by this silly,
uninformed comment he just made,” Keiser tweeted in response to Rogers’ BTC price prediction and the future of bitcoin.
Keiser’s
comment troubled gold bug Peter Schiff, as the pair often get into a
heated debate about bitcoin. Schiff openly states that “Bitcoin is fiat
as its value also comes from faith,” unlike his beloved gold, which he
said, “has real value.”
Keiser’s poll about when Peter Schiff will panic-buy bitcoin (left) and
Peter Schiff’s poll about when Keiser will give up and sell his BTC.
longer Peter Schiff waits to buy bitcoin, the bigger the panic-buy. My
guess, $50,000 triggers him,” Keiser wrote. He then proceeded to put up a
poll, asking his 229.1K followers, “What price do you think triggers
Schiff to panic-buy bitcoin?” The options were $25K, $50K, $100K, and
$200K. Most voters believe that when the price of bitcoin is $25,000,
Peter Schiff will panic buy.
Peter Schiff responded to Keiser:
“This poll is a fraud, as none of the choices are correct. There is no
price high enough that would cause me to panic-buy bitcoin. Also, it’s
unlikely that bitcoin will ever actually trade at any of the price
points in the poll.” He proceeded to put up a poll of his own, asking
his 245.6K followers: “How low would the price of bitcoin have to fall
for Max Keiser to throw in the towel and sell?” At press time, 71.8% of
voters believe that Keiser will “ride it down to 0.” Keiser has
predicted that the price of BTC will reach $400,000.
Another
billionaire investor, Mark Cuban, the owner of the National Basketball
Association’s Dallas Mavericks, has come around slightly in his view of
bitcoin. In October last year, Cuban said he would rather have bananas
than bitcoin, believing that cryptocurrency has no intrinsic value.
However, he told Morgan Creek Digital cofounder Anthony Pompliano during
a podcast in April that he would support bitcoin if it were easier to
use and could be spent without needing to be converted into fiat
currency.
Meanwhile, a growing number of institutional investors have been getting into bitcoin. In a recent survey, Fidelity Digital Assets
found that the majority of U.S. and European institutional investors
feel that cryptocurrencies have a place in their portfolio. Moreover,
billionaire hedge fund manager Paul Tudor Jones recently revealed that
he has 2% of his assets in bitcoin.
source link : https://news.bitcoin.com/jim-rogers-mark-cuban-peter-schiff-bitcoin-max-keiser/
