Pete

Sound money advocate. Long term thinker. I document the end of Bitcoin.

[Pete @pteheard]

@Rajatsoni It's perma-winter now, much better trades around.

[Pete @pteheard]

@MickWest the earths circumference is bending the light

[Pete @pteheard]

@Rajatsoni But nobody needs bitcoin

[Pete @pteheard]

@LarkDavis The risk is in the fact that the underlying asset isn't worth anything.

[Pete @pteheard]

@Rajatsoni you come across as the typical salty coiner.

[Pete @pteheard]

@dailydirtnap Modern Luddite.

[Pete @pteheard]

@LarkDavis Why would it be the same? Recency bias?

[Pete @pteheard]

@Rajatsoni I'm beginning to think this is satire now?

[Pete @pteheard]

@Rajatsoni Selling time for money to buy bitcoin; literally deleting your life one coaching call at a time 😂

[Pete @pteheard]

@CryptoMikli I've been able to sell at spot in bull or bear phases with bullion vault.

[Pete @pteheard]

@shahh You’re assuming they can refinance maturities on same terms forever. If terms worsen, they’re left with dilution or asset sales.

Dilution only “works” while the stock trades at a premium to BTC NAV. If that premium collapses, issuing shares becomes destructive.

[Pete @pteheard]

@PeterSchiff @APompliano What did he order @PeterSchiff ? Humble pie?

[Pete @pteheard]

@LawrenceLepard @TheBTCTherapist Oh come on Lawrence, are you f***ing mad? Saylor is a complete shill, the fact you even engage in the comparison is testament to how blinkered you've become in your 'wise' old age.

[Pete @pteheard]

@PeterSchiff YOU BECOMING PRESIDENT WOULD BE A DREAM finally a politician who will tell the fucking truth!

[Pete @pteheard]

Bitcoin priced in Gold has been forming a very worrying head and shoulders pattern over the past three years.

Anyone holding Bitcoin should take note.

If this pattern follows through, Bitcoin will effectively go to 0 priced in Gold.

[Pete @pteheard]

@RonSwanonson @Rajatsoni @PeterSchiff Yes, you aren't going to use the bitcoin for anything real; that is the very definition of faux.

[Pete @pteheard]

@Rajatsoni @PeterSchiff @RonSwanonson Yes, because it's true supply and demand. Bitcoin is only supply and faux demand. That's why eventually it will go to 0.

[Pete @pteheard]

@1914ad @PeterSchiff Nope the last 3 years it is actually down in Gold terms. Get your facts straight by looking at the chart.

[Pete @pteheard]

@vandell33 @JacobKinge Not really. Showing a worrying plunge right after a halving. Could well be over.

[Pete @pteheard]

@garysavage1 I'm in. I traded in and out of the last cycle high on silver and doing well by going against the market, cheers.