Loading…
Published 24 Jun 2026, 00:04 UTC · fetched 3 Nov 2026, 10:54 UTC
Peter Schiff
@PeterSchiff
Bitcoiners claim Bitcoin is cheap. Cheap relative to what? Maybe relative to its bubble high, but not relative to its historic lows. With no earnings, yield, book value, or productive use, Bitcoin has no valuation anchor. “Cheap” just means buyers hope a greater fool pays more.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction