⚡️🗣️ NEW - Schiff says weak-hand panic will make the next Bitcoin dump even uglier.
Discussion
I'd argue that the ones selling are the "weak hands", like what "weak hands" always meant...
The ones buying have again the choice to hold, why would they be the weak ones?
The OGs aren't weak hands for selling now. I guess the argument is that the next crop of hodlers aren't as resilient, which might be fair.
If the next crop of hodlers are assumed to be weaker hodlers, imagine 5000 years of gold and OGs selling that over and over again. The statement just can't be true if gold is getting stronger and not weaker over time. To me its just typical Schiff FUD, because he is so in love with gold that bitcoin can't possibly succeed. Which is also wishful thinking by this bear influencer he's become...
Bro what? I'm not going to get in a debate here, but generations turning over in gold is a lot slower than in Bitcoin. To the point it's incomparable.
With a higher price in fiat for each bitcoin, the "selloff" in sats will be less over time, dopey
Don't understand his obsessive-compulsive disorder with Bitcoin. If he thinks is trash why not ignore it and let it die...
It’s engagement farming. He can’t get the same attention to shill his company just talking about Gold.
He only gets invited to interviews because of his irrational reactions to bitcoin questions.
He wants attention