“Ether is back near the upper limit of its trading range: if you own it, it’s a great time to sell.” With these words, Peter Schiff shook the crypto scene, publicly suggesting to liquidate ETH to buy bitcoin. An unexpected turn for the well-known gold bug, who for years has defined bitcoin as nothing more than “the Dutch tulip mania.”
Who is Peter Schiff and why does his announcement matter?
Peter Schiff is one of the most famous skeptics in the history of cryptocurrencies. With over 1.1 million followers on X (formerly Twitter), he runs one of the most influential accounts among bitcoin critics. Since 2013, the year he declared on CNBC that “bitcoin is no better than a fiat currency,” Schiff has repeatedly attacked the very concept of cryptocurrency as digital gold. But even the toughest opponents are forced to acknowledge the facts: bitcoin has outperformed any traditional asset in the last decade.
Ether è di nuovo vicino all’estremità superiore del su
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