A prominent Bitcoin holder said that if BTC drops to $15,000, he will not be able to buy the bottom. Meanwhile, ‘Black Swan’ Writer Nassim Taleb made fun of billionaire Barry Silbert still waiting for Bitcoin to hit $100,000.
“Bitcoin has no money to buy dips”
Spencer Schiff, the son of a famous Bitcoin critic Peter Schiff, is, unlike his father, a Bitcoin believer. Last year, he shared that he switched to Bitcoin from gold favored by his father. The two Schiffs often have heated discussions about BTC on Twitter. Now, Spencer Schiff has said that if the leading coin drops to $15,000, he will not be able to make any purchases.
Investor and Bitcoiner Mike Alfred asked his followers on Twitter if they would prefer to buy more BTC if BTC drops further and falls to the $15,000 level. No major Bitcoin holders responded to this question, except Spencer Schiff, son of the gold-bug Peter Schiff. Spencer said that if it happens right now, he can buy zero Bitcoin because he doesn’t have the dollars to do so. He also noted that he has already invested all his spare money in BTC. However, he also stated that he could buy more BTC a few months from now.
https://twitter.com/SpencerKSchiff/status/156531207442718720
Peter Schiff reluctantly promotes Bitcoin (BTC)
Specifically, Peter Schiff is a well-known fund manager, CEO of Euro Pacific Capital and founder of SchiffGold. Despite his anti-Bitcoin stance, as you follow on Kriptokoin.com, he often tweets about BTC. Recently, Binance chairman CZ thanked him for frequently mentioning Bitcoin.
‘Barry Silbert still waiting for Bitcoin at $100,000’
Nassim Nicholas Taleb, philosopher and former options trader and risk analyst, author of the nearly iconic books ‘Black Swan’ and ‘Antifragile’, made fun of Barry Silbert, the crypto billionaire who founded the Digital Currency Group and its subsidiary Grayscale, on Twitter . Taleb said that Silbert still expects Bitcoin to hit $100,000 on the charts.
Nassim Taleb sarcastically tweeted that Barry Silbert still expects BTC to rise to $100,000. Nassim Taleb, author of ‘Black Swan’, has turned into a Bitcoin skeptic over the past few years. Taleb added a screenshot of his post, where Silbert joked that he was looking forward to selling BTC for $100,000.
Mr @BarrySilbert is still waiting for bitcoin at $100,000. pic.twitter.com/EY6KYIGLHh
— Nassim Nicholas Taleb (@nntaleb) September 1, 2022
“Even if Bitcoin reaches $100,000, it will still fail”
In March of this year, Taleb said that even reaching $100,000 won’t help Bitcoin. He noted that even if it reaches this high price level, it will ‘fail’. The risk analyst believes that BTC has proven not to be good as an inflation hedge. Earlier, Taleb said that the current ‘crypto winter’ could turn into a ‘full-blown ice age’. Barry Silbert, by contrast, has always been a Bitcoin believer.
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