Ah, the illustrious Peter Schiff-gold’s most ardent preacher-has once again descended from his gilded pulpit to declare Bitcoin’s impending doom! 🏦💀 The digital coin, having slipped below the mythical $100,000 mark, now teeters on the edge of a precipice, ready to plunge into the abyss of unwinding leverage, shattered dreams, and the collective despair of HODLers clutching their virtual wallets.
The Oracle of Gloom Advises: Flee the “Ridiculously Overpriced” Bitcoin Before It’s Too Late!
Oh, what a spectacle! The economist, whose love for gold rivals only his disdain for anything digital, has once more unsheathed his rhetorical sword against bitcoin. With the fervor of a street preacher warning of the apocalypse, Schiff insists that this “fool’s gold” is but a fleeting illusion, destined to crumble beneath the weight of its own absurd valuation. 🏴☠️💸 “Sell now!” he cries, as if $100,000 were not a price but a divine signal-a celestial billboard flashing “ABANDON SHIP!” in neon letters.
“$100K bitcoin is an opportunity-nay, a miracle! A fleeting moment when fools may yet escape their folly!” Schiff proclaimed, his voice trembling with the urgency of a man who has seen the future and found it… lacking in gold bars. “Sell, dear friends, before the price plummets to the depths where only regret resides!”
And lo, the economist was not done! With the glee of a man who has just discovered a cockroach in his soup, Schiff warned of leveraged investors-those reckless souls who dared to borrow against their bitcoin holdings. “Ah, the fools!” he lamented. “When the crash comes-and oh, it shall come!-their precious coins will be liquidated, their dreams shattered, their tax bills unpaid! A tragedy worthy of Shakespeare… or perhaps a cautionary fable for the modern age.” 🎭📉
“Bitcoin isn’t on sale-it’s a grotesque overpriced carnival trick!” Schiff declared, his mustache quivering with indignation. “What is on sale? Why, everything else in the world! Houses! Cars! Gold! (Especially gold.) Sell your bitcoin now and buy… well, anything real!”
Yet, amidst the doom and gloom, the bitcoin faithful remain unmoved. “Schiff understands gold,” they murmur, “but BTC? Bah! He sees scarcity and calls it a bubble! He sees adoption and calls it madness!” Indeed, the digital coin’s 21 million cap and borderless utility have convinced many that $100,000 is but a stepping stone-a mere waypoint on the road to global dominance. 🌍🚀
FAQ 🤔💡
- Why does Schiff believe bitcoin is overvalued?
Because gold is eternal, and bitcoin is… well, numbers on a screen. Also, he owns a lot of gold. Coincidence? 🤨 - What’s Schiff’s advice for bitcoin holders?
“Sell! Sell before the digital apocalypse leaves you penniless and weeping into your cold, gold-less hands!” (Paraphrased.) - What’s the risk with leveraged bitcoin positions?
Imagine borrowing against your imaginary internet money… only for it to vanish, leaving you with debt and existential dread. Fun! - How do bitcoin supporters respond?
With laughter, memes, and the occasional “OK Boomer.” Also, they keep buying.
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2025-11-09 06:58