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Peter Schiff called all BTC investors a cult.
He conducted a poll asking, "How low would the price of Bitcoin have to fall for Bitcoiners to admit Schiff was right about BTC all along?"
Expecting a response around $20,000 or slightly lower, he was extremely surprised by the results:
Nearly 60% of the Bitcoin community believe that even if the price crashes to $1,000 (i.e., a more than 99% drop, wiping out virtually all investors, bankrupting Strategy, and dealing a devastating blow to the entire cryptocurrency industry), Schiff would still be wrong.
That's not rational. That's a cult.
#btc #usdt #usdc #xrp #ltc $GT $ETH $SOL
💵 BTC Dominance - 58.2%
💵 ETH is trading around $1,689.83
⚠️ The Fear and Greed Index is at 15 points and is hovering at the "Intense Fear" level.
⚠️ The Alt Season Index is at 47/100