The Economist Who Says Bitcoin Will Reset Now Targets MicroStrategy: Crash Sale

Famous economist Peter Schiff, nicknamed the “Golden Bug”, claimed that Microstrategy (MSTR) shareholders would pay the price for Bitcoin (BTC) advocate Michael Saylor’s obsession.

Schiff on December 29 via his official social media account. in a post published, most big corporate bitcoin from whales known as one of the Microstrategy share for the price drew attention. Schiff, Microstrategy share price February 2021 in the month 1315 from the dollar peak 90% indicated it was lower. Economist, Michael Saylor bitcoin your obsession their price Microstrategy shareholders you will pay and warned investors:

Don’t make the mistake of thinking that 90% low prices are a good buying opportunity. It’s not just a sale, it’s a crash sale.

Also, Schiff said that Saylor added Bitcoin to the company’s balance sheet. royal the reason to bitcoin faith not only share cryptocurrency enthusiasts buy encouragement to take to make claimed to be. in the past a similar statement In his statement on the subject, the economist made the following statements:

Still, I’ll give Saylor her due. By adding Bitcoin to the balance sheet, the sucker rally of Bitcoin followers has been great for investors looking to sell their shares. But this was a disaster for the suckers who bought Microstrategy stocks to invest in Bitcoin.


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