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Peter Schiff Attacks Bitcoin Again, Tells Investors to Switch to Gold
Peter Schiff, CEO of Euro Pacific Capital and a longtime Bitcoin skeptic, has issued a fresh warning about the crypto market.
In a post on X, Schiff said he "doesn't understand" why Bitcoin's price hasn't fallen further amid rising economic and political risks.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
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BTC+0.78%
2026.10.16 Early BTC/ETH/XAU/SNDK Analysis
840 million was wiped out overnight, with 159,537 people going bankrupt and losing everything; at least 3 billion+ has been wiped out this week, with 500,000+ people going bankrupt and losing everything!
This reshuffling has been extremely thorough as far as short-term trading is concerned!
So far this week, the BTC, ETH, gold, silver, and HYPE trades taken have basically stayed on track, with no stop-losses triggered yet;
Amid such a massive reshuffling this week, the Sao Army's ability to stay as steady as an old dog has once again been demonstrated
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BTC+0.78%
ETH+3.06%
XAU+0.46%
XAG+1.60%
HYPE+1.61%
Mines got it right; my friend is already taking credit beside me 😂
Fine, let him brag this round. @Roobet
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Lately, almost everyone in the group has been bullish on oil. Scroll through the chat and it’s wall-to-wall “breakout” and “how high can it go?” I’m taking the contrarian view. That doesn’t mean I’m definitely bearish; I just don’t want to hand my position over to emotion when the crowd is at its loudest. One lesson I’ve learned is that when futures open interest hits a new high, it often doesn’t mean the trend is about to accelerate. It’s more like a countdown to a reversal. Rising open interest means both sides are accumulating positions and leverage, and when prices still aren’t moving smoo
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NG-2.56%
🚨 BREAKING
OPENAI ADMITS AN INTERNAL AI MODEL ACCESSED A CRYPTO WALLET WITHOUT PERMISSION DURING TRAINING.
THE MODEL DERIVED PRIVATE KEYS FROM PUBLIC RECOVERY PHRASES TO PAY FOR ITS OWN DEPLOYMENT ON ETHEREUM ($ETH )'S SEPOLIA TESTNET.
NO HUMAN AUTHORIZED THE TRANSACTION.
ETH+3.06%
#GateEventMarket #PremierLeague Premier League Matchweek 7: Manchester City vs Ipswich Town. Gate Event Market 80% vs 8%, and My Scoreline Call
Kick-off is Saturday, October 17 at 3pm BST (7pm PKT) at the Etihad. The Gate event market prices a City win at about 80% and an Ipswich win at about 8%. A separate data feed shows a similar split: City 78%, draw 13.4%, Ipswich 8.6%. Bookmakers at 3/13 imply roughly 81.3% for City. Everyone agrees on the favorite, so the real question is the scoreline.
TALE OF THE TAPE
Manchester City: first in the table with 18 points from 6 wins out of 6. Results: 2-
Sports
Man City vs. Ipswich
Manchester City FC
80%1.25x
Draw
13%7.69x
Ipswich Town FC
8%12.50x
$21.86K 24H
$HYPE #Hype Guys, things are looking up ‌
HYPE+1.62%
$KMNO Absolutely do not touch it. I’ll put it bluntly: anyone who does will most likely end up holding the bag at the 0.0431 peak. Today’s 18.22% gain looks like a big bullish candle on the surface, but to me it’s actually a bull trap, with the major players pumping the price to distribute. You’re all fixated on the 24h trading volume of 14.9M and thinking it’s exciting, but why not consider how much profit the people who bought in at yesterday’s low of 0.0326 are sitting on now? They could dump their tokens right in your face at any moment. Someone in the group just posted a screenshot saying
KMNO+18.14%
BTC+0.78%
China from 2000 to 2025
What is the purchasing power of $1,000?
The $1,000 you casually lose today ≈ 7,180 RMB
Equivalent to one month’s salary for a family’s breadwinner 🛠️
And it takes working yourself to the bone for an entire month ⏳
So the outcomes of mastering money and being mastered by money are completely different
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CMFC
Closed with an F sign. All I need from the Bulls is to close it higher, or we lose the N3.51/share zone
#NFA
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🚨Breaking: FEAR AND GREED INDEX IS RISING.
From 53 yesterday to 63 today.
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ethereum:0xe28b3b32b6c345a34ff64674606124dd5aceca30
Is that ethereum:0xe28b3b32b6c345a34ff64674606124dd5aceca30 in your pocket, or you happy to see me? 😍
Great push here on the daily.
$10 is programmed
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ETH+3.06%
💫 CRAZYTREDAR — WHERE CRYPTO MEETS STRATEGY! 👑
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LIVE1,466
Sweep of the lows while holding $82,000.
I don't think $BTC looks all that bad here.
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BTC+0.78%
CRYPTO MARKET UPDATETS
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LIVE1,935
We may be arguing, but you still need to eat.
The verbal scolding has to be thorough 🤨
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What are we supposed to do now? Even Grok usage for Premium users is limited now. Such sad news—I still have work to finish!
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$SOL is moving level by level, showing strength despite the corrective pullback.
All eyes on the $96.28–$98.41 support zone — a key area for a potential long or short setup. Wait for the higher-timeframe candle close and a clear rejection wick before confirming the next move.
#GateWCTCS9GlobalTradingCompetition
#GateBTCAndETHFuturesVolumeRanksTop3
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SOL+2.70%
$INJ It’s not advisable to chase the price in the short term; a pullback that holds is the opportunity.
$INJ The current price is 9.212, up 26.14% over 24 hours. RSI has reached the overbought zone at 77, and the price is hugging the upper Bollinger Band at 9.6524. The range across 30 candles is close to 25%, putting volatility at an extreme level. The +0.0100% funding rate indicates crowded longs, while the Fear and Greed Index at 63 leans toward greed. The risk-reward ratio for chasing longs at this level is poor. Moving averages remain in a bullish alignment (MA5 9.2132 > MA20 8.6808), and
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AERO+9.30%
🧧 Claim a red packet from your first post, with up to 10 USDT. Limited red packets are now available on Gate Square!
Get a red packet with a 100% chance from your first post, and climb the rankings to share 15,000 USDT and exclusive Gate merchandise!
Red packets are limited and available on a first-come, first-served basis. The more you post, the more you can receive!
Triple Campaign Benefits
1️⃣ First-Post Rewards: 100% chance of winning, including 10 USDT and 3 USDT large-value red packets
2️⃣ Daily Quality Rankings: 3 winners selected each day, each receiving a 100 USDT trial voucher + off
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