Pomp Reacts To CRAZY Peter Schiff Bitcoin Interview

Pomp Reacts To CRAZY Peter Schiff Bitcoin Interview




We need to get Peter Schiff back on the show soon! SoFi is the exclusive partner app of The Best Business Show.

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About the Author: Anthony Pompliano

49 Comments

  1. I think adoption or how much money is being directed at a certain commodity gives a better outlook on performance. Judging performance based on % isn't clear cut. Influence on price gets harder and harder as the market cap grows. 1 trillion going into BTC has a much greater effect than 1 trillion going into gold.

  2. Around 625 ounces is a million. Or 39 pounds. That would be tough moving around.
    3 million? == 117 pounds try getting that threw any airport. Dangerous and can be easy stolen.

  3. I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just began investing and i will really appreciate any tips or helpful guide.

  4. Every bitcoin investor right now is just smiling at the price of bitcoin as it head strong and indeed valuable enough to generating ROI. More persons are gonna become millionaires and we have Bitcoin thanks for that.

  5. Thanks ๐Ÿ™ for the continuous great ๐Ÿ˜„ videos, I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just navie, the sphere haev seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading session, I'd say that more emphasis should be put into trading, since it's way profitable than holding, Trading went smooth for me as I was able to arise over 6 btc when I started at 1.5btc in just 5 weeks implementing trades with signals and insights from Jackson Mayor, I would advise y'all to trade your assets rather than hold for future you aren't sure about…..

  6. Hmmm. That's one way of looking at it. However, since the world woke up and actually admitted inflation is a problem Bitcoin sunk over 30%. Gold did not. Why? I own Bitcoin. I don't own gold so haters can bite me. I'm just trying to understand why Bitcoin, touted as the coming messiah when inflation comes to town, has dumped so badly. The institutions are throwing in the same pile as high risk software stocks which have all taken similar – and in many cases worse – hits. There seems to be a bit of a retail retreat. Is that because Bitcoin was propped up by retail investors who are now so tapped out from high prices they can't afford to stay in Bitcoin? Questions that need some answers I think

  7. to be fair, you have to store your 12-word seed phrase somewhere offline, perhaps in a shoebox. but yea, much easier than the hassle of storing large amounts of gold. the seed is a million times more compact and discreet.

  8. You should buy Bullets before you buy Gold, if we ever got to the point where we need to trade with Gold, people with Bullets will go take your Gold. He's just a old COLD BUG IN A BAD INVESTMENT!

  9. I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope Iโ€™m wrong and they wonโ€™t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also kathleen rife has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.< You can reach kathleen on อฒeIั”ษ ษพฮฑm๐Ÿ‘‰kathleenrife

  10. You store and secure gold because it has value. you secure and protect your family because theyโ€™re real and have value. If thereโ€™s nothing to secure, and it canโ€™t be stolen, then it has no real value

  11. Gold won't go up till interest rates go up. It will couple to inflation at that point. Because banks will be willing to lend in effect turning on the big printer.

  12. Here, let me go get my cheese grader so that I can pay you in gold…wait, what do you mean, โ€œgive me your gold!?โ€ Why are you pointing that gun at me?

  13. Gold has a thousand year historical price relationship to other commodities. Bitcoin has no historical price relationship. That was his point. There are no certainties – only probabilities. To simply handwave that argument as โ€œcrazyโ€ is intellectually dishonest and lazy

  14. The most annoying argument he makes by far is โ€œBitcoin has no value.โ€ Isnโ€™t this dude supposed to be a follower of Austrian Economics? He needs to go read back and read up on Misesโ€™ writings on the subjectivity of value.

  15. ,It's coming back up. , history. but comparing Btc to 2013, 2017 it's like comparing the 1800's to 2000's. It kinda sounds good but it's apple's to orange's. I have been holding since 2018 and I am hoping just like everyone else that it will assess before 2022, but some believe while others don't! Too many instuititations waiting for new budget allocations. Suppress the market for the real money to come in, ergo the lengthening of the cycle!!! I wish I had bought more. I am in profit for now but I am planning on using my experience to do exactly what you have said in this post. I have learned from you and otheryt especially From Nas Cox, who taught me how to make trade and increase my crypto from 6 to 15btc that no one really knows what is going to happen and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research…

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