Fun

Jim Rogers, Mark Cuban, Peter Schiff Will ‘Go All-In’ on Bitcoin — Max Keiser

News Feed - 2020-06-28 08:06:45

Jim Rogers, Mark Cuban, Peter Schiff Will "Go All-In" on Bitcoin — Max Keiser


Max Keiser believes that bitcoin naysayers like Jim Rogers, Mark Cuban, and Peter Schiff will go all-in and invest big in bitcoin when they understand it. He guarantees this to be the case, having predicted that the price of bitcoin will reach $400,000.Max Keiser and the Bitcoin Naysayers


Popular television personality Max Keiser firmly believes that bitcoin skeptics will go all in big on bitcoin when they finally understand it. The host of Keiser Report, a financial program broadcast on the media channel RT, recently singled out three bitcoin naysayers in particular. He tweeted Friday:Peter Schiff, Jim Rogers, Mark Cuban, and other pre-coiners represent huge pent-up bitcoin buying demand. When they finally understand it, they’ll go all-in with huge buys. I 100% guarantee this to be the case.


Keiser talked about Jim Rogers because the famed investor said last week that he thinks the value of bitcoin will fall to zero because governments will not let cryptocurrency flourish. “Jim Rogers, like Peter Schiff, I told to buy bitcoin at $1, $10 $100, but the ‘legendary investor’ never looked into it as evidenced by this silly, uninformed comment he just made,” Keiser tweeted in response to Rogers’ BTC price prediction and the future of bitcoin.


Keiser’s comment troubled gold bug Peter Schiff, as the pair often get into a heated debate about bitcoin. Schiff openly states that “Bitcoin is fiat as its value also comes from faith,” unlike his beloved gold, which he said, “has real value.”Max Keiser’s poll about when Peter Schiff will panic-buy bitcoin (left) and Peter Schiff’s poll about when Keiser will give up and sell his BTC.


“The longer Peter Schiff waits to buy bitcoin, the bigger the panic-buy. My guess, $50,000 triggers him,” Keiser wrote. He then proceeded to put up a poll, asking his 229.1K followers, “What price do you think triggers Schiff to panic-buy bitcoin?” The options were $25K, $50K, $100K, and $200K. Most voters believe that when the price of bitcoin is $25,000, Peter Schiff will panic buy.


Peter Schiff responded to Keiser: “This poll is a fraud, as none of the choices are correct. There is no price high enough that would cause me to panic-buy bitcoin. Also, it’s unlikely that bitcoin will ever actually trade at any of the price points in the poll.” He proceeded to put up a poll of his own, asking his 245.6K followers: “How low would the price of bitcoin have to fall for Max Keiser to throw in the towel and sell?” At press time, 71.8% of voters believe that Keiser will “ride it down to 0.” Keiser has predicted that the price of BTC will reach $400,000.




Another billionaire investor, Mark Cuban, the owner of the National Basketball Association’s Dallas Mavericks, has come around slightly in his view of bitcoin. In October last year, Cuban said he would rather have bananas than bitcoin, believing that cryptocurrency has no intrinsic value. However, he told Morgan Creek Digital cofounder Anthony Pompliano during a podcast in April that he would support bitcoin if it were easier to use and could be spent without needing to be converted into fiat currency.


Meanwhile, a growing number of institutional investors have been getting into bitcoin. In a recent survey, Fidelity Digital Assets found that the majority of U.S. and European institutional investors feel that cryptocurrencies have a place in their portfolio. Moreover, billionaire hedge fund manager Paul Tudor Jones recently revealed that he has 2% of his assets in bitcoin.


Do you think these bitcoin skeptics will come around and invest in bitcoin? Let us know in the comments section below."Casino Jack" Abramoff Charged in AML Bitcoin Cryptocurrency Fraud Case, Could Return to PrisonNEWS | 6 hours agoWirecard: Crypto Card Users" Funds Locked as UK Regulator Suspends SubsidiaryNEWS | 23 hours agoTags in this storyjim rogers bitcoin, mark cuban bitcoin, max keiser bitcoin, peter schiff bicoin, peter schiff crypto, peter schiff cryptocurrency


Image Credits: Shutterstock, Pixabay, Wiki Commons, TwitterSpot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here.Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Read disclaimer Show comments

News Feed

Trump weighing Bitcoin hater Jamie Dimon for US Treasury
Tristan Greene7 hours agoTrump weighing Bitcoin hater Jamie Dimon for US TreasuryThe former president could reveal more details at the Bitcoin Conference in Nashville from July 25 through 27.3465 Total views20 Total shar
Arijit Sarkar1 hour agoTikTok launches text posts feature to rival Twitter and ThreadsJust 20 days after Mark Zuckerberg’s Meta launched Threads to rival Elon Musk’s X, TikTok joined the race by allowing users to cre
Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa
Kenyan Fintech Player: "Banking the Unbanked" Is the Most Important Use Case for Digital Currencies in Africa The year 2020 may well go down as the year when blockchain technology
The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 Solution
The Nervos Network’s Ben Morris Talks About Godwoken, the EVM Compatible Layer 2 Solution The Nervos Network is an open Blockchain platform for innovators to build applications t
Blockchain-Backed NFT Market Value Grew 299% in 2020
Blockchain-Backed NFT Market Value Grew 299% in 2020 A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year.
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process "Early," Says Powell  The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on
Bitcoin possibly undervalued as Mayer Multiple hits lowest level since FTX collapse
Ciaran Lyons4 hours agoBitcoin possibly undervalued as Mayer Multiple hits lowest level since FTX collapseThe popular Bitcoin valuation metric hasn’t been at this level since November 2022, when cryptocurrency exchange
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
Stablecoin Economy Continues to Deflate — USDC"s Market Cap Shed $6.7 Billion in 83 Days Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a m
Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject o
Cointelegraph Research12 hours agoDriving liquidity and efficiency: The essential role of crypto market makersExploring the vital role of crypto market makers in driving liquidity and stability in the digital asset marke
Bitcoin.com Adorns it’s Crypto-Friendly Casino with New Games from NetEnt
Bitcoin.com Adorns it’s Crypto-Friendly Casino with New Games from NetEnt Hot new games from two of the top providers added to Bitcoin.com’s very own crypto casino!
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report The U.S. and South Korean governments have reportedly agreed to share data on ongoing cryp