Peter Schiff wants crypto investors to trade their "overvalued bitcoins" for his exclusive Ordinaries collection.
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Peter Schiff wants crypto investors to trade their "overvalued bitcoins" for his exclusive Ordinaries collection.
What happened: Mr. Schiff advertised his rare "Ordinaries" "Golden Triumph" collection on the X website.
Mr. Schiff urged the cryptocurrency community to consider buying his "Ordinaries" collection. - According to him, it is a limited edition digital art collection on the #bitcoin #blockchain .
In his tweet, he wrote, "One thing you can do with your increased #bitcoins is buy one of the six Golden Triumph Ordinaries on sale, if you think you're 21 million bitcoins short, these babies are only worth 50. " Holders, be prepared. These boys are going to the moon.
Mr. Schiff posted the following comment noting the changes in the market. It seems that the rising prices have attracted sellers. There are currently three cryptocurrencies for sale with prices ranging from 0.355 #BTC to 2 BTC. The most expensive of them is worth around $132,000 USD. This is the value of a warrant that was probably bought last year for about $2,000! " . " .
Schiff's Golden Triumph collection, released in May 2023, consists of an original painting and several digital prints. These digital versions are recorded on the bitcoin blockchain.
According to data from the Magicden platform, the price of the Schiff collection dropped more than 57% in a matter of hours, from 0.7 BTC to 0.3 BTC. At the time of writing, the current value of bitcoin is approximately $BTC Mr. Schiff has criticized the reliance on bitcoin exchange-traded funds (ETFs); on March 4, he expressed his opinion in a tweet, "Bitcoin ETFs are the tail wagging the bitcoin dog.
Mr. Schiff warned that the market could collapse despite bitcoin's rise to a high of $67,000, thanks in part to interest in #ETF funds.
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