peter schiff bitcoin
Crypto Skeptic Peter Schiff Claims Losing His Bitcoin
January 20, 2020
peter schiff bitcoin
Crypto Skeptic Peter Schiff Claims Losing His Bitcoin
January 20, 2020

Crypto Skeptic and Gold bug Peter Schiff claimed that he had lost access to his Bitcoin wallet while claiming his password is no longer valid.

On Jan. 19 Schiff took to twitter while adding that his BTC is now intrinsically worthless and has no market value:

“I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”

Crypto community came on together after Schiff’s tweet. For example, co-founder and partner at Morgan Creek Digital Anthony Pompliano responding by asking if he forgot his password, to which Schiff responded that:

“My wallet forgot my password.”

Pompliano then asked Schiff to email him directly:

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However it looks like the BTC may indeed be gone for good, as Schiff responded:

Skepticism on BTC Price

Schiff is known as an outspoken critic of cryptocurrencies. Just before the New Year, he claimed that unlike every other asset class, BTC was not rising toward the end of the calendar year. In late November, Schiff claimed in a Twitter debate that the price of BTC would drop to $1,000 to “complete the pattern.”



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Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.