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<a href="https://bitcoinworld.co.in/bitcoin-enemy-peter-schiff-regretted-not-buying-bitcoin-btc-when-it-was-under-1/" title="Bitcoin Enemy Peter Schiff Regretted Not Buying Bitcoin (BTC) When It Was Under $1" rel="noopener noreferrer nofollow"></a>
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 <li style="font-weight: 400">Peter Schiff, a well-known Bitcoin enemy, made some confessions in his statement, stating that he regret not buying Bitcoin “at that time BTC was under $1”</li>
</ul>
In a recent interview, famous Bitcoin critic Peter Schiff admitted that he regretted not buying Bitcoin when he first learned about it.
Schiff, an ardent critic of BTC, announced in 2010 that he considered investing in Bitcoin but ultimately declined.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Just in case you didn't see me politely hang, draw and quarter Peter Schiff, enjoy <a href="https://t.co/vr1efNJw3p" rel="noopener noreferrer nofollow">https://t.co/vr1efNJw3p</a>
 — Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1768073537087050122?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 14, 2024</a>
</blockquote>
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Schiff recalled a time when a colleague introduced him to Bitcoin and suggested he buy some.&nbsp;
According <a href="https://twitter.com/RaoulGMI/status/1768073537087050122" rel="noopener noreferrer nofollow">to</a> the analyst, the price of Bitcoin at that time was under one dollar.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/dencun-upgrade-is-vital-to-the-future-of-ethereums-network/" aria-label="“Dencun Upgrade Is Vital to The Future Of Ethereum’s Network” (Edit)" rel="noopener noreferrer nofollow">Dencun Upgrade Is Vital to The Future Of Ethereum’s Network</a>
“I remember thinking about it. Yeah, I mean, I could throw $10,000 into it, or $50,000. I don’t know. I thought about it and didn’t do it,” Schiff said.
Schiff admitted that he did not see the potential for Bitcoin to become, in his words, a financial bubble like it is today.&nbsp;
“Yeah, I thought maybe it could go up, but I didn’t want to deal with it,” he added.
Schiff now says he wishes he had made the decision to invest.&nbsp;
“Do I wish I had made the decision to throw in $10,000, $50,000, $100,000? Of course. Yes. I mean, assuming I didn’t sell it, it would be worth hundreds of millions of dollars,” he said.
Despite his regret, Schiff maintains that he would not have supported Bitcoin even if he had purchased it.&nbsp;
“I couldn’t tell other people to buy it. I would have to keep quiet about it because I never believed it,” he explained.
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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The post <a href="https://bitcoinworld.co.in/bitcoin-enemy-peter-schiff-regretted-not-buying-bitcoin-btc-when-it-was-under-1/" rel="noopener noreferrer nofollow">Bitcoin Enemy Peter Schiff Regretted Not Buying Bitcoin (BTC) When It Was Under $1</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Bitcoin Enemy Peter Schiff Regretted Not Buying Bitcoin (BTC) When It Was Under $1

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