is likely to hit $220,000. Keiser believes that the high growth of the BTC price will be preceded by a massive growth of Bitcoin's hashrate.
On Jan. 2, the Bitcoin hashrate spiked to a historic high of 203.5 exahashes, while BTC was trading at the $47,000 level across centralized exchanges.Bitcoin Critic Peter Schiff Says There Are No Signs of Bear Market Bottom NowNayib Bukele, president of El Salvador—the first state to adopt Bitcoin, which it did last year—tweeted to comment on the current Bitcoin plunge.
In his tweet, he insisted that for those who bought the global flagship digital currency before the price began to plummet, their investment is safe and it will grow in price immensely once the bear market is over. It is important to be patient here, he stated. Prominent economist and investor Peter Schiff disagreed with Bukele, reminding him that Bitcoin's value has already plunged by 75%, also suggesting that nobody knows if the market will ever recapture the levels it has lost during this market carnage.is"safe' when it has already lost 75% of its market value? You have no idea how low the price will fall during this bear market, or that the price will ever recover to current levels.
Source: Digital Coin News (digitalcoinnews.net)
maxkeiser nayibbukele PeterSchiff bitcoin $75000 in 2022
maxkeiser nayibbukele PeterSchiff It’s a Ponzi scam. It only goes up because new believers come in. Eventually you run out of coin to mine and suckers and the cheap energy Bitcoin insanely wastes on transactions and NFTs. How much energy does Bitcoin use? What happens if everyone uses it? More ecological ruin.
maxkeiser nayibbukele PeterSchiff Crazy maxi.
maxkeiser nayibbukele PeterSchiff Lol, Nobody takes this guy seriously
maxkeiser nayibbukele PeterSchiff ROFL!
maxkeiser nayibbukele PeterSchiff
maxkeiser nayibbukele PeterSchiff It’s post like this that make me want to block this page
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