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The Daily Hodl 2020-05-31 20:15:05

Gold Bug Peter Schiff Says Bitcoin’s Recent Rise Is Due to Whale Manipulation, Calls BTC ‘Pyramid Scheme’

As Bitcoin mounts a furious rally and threatens to take out a key psychological resistance, economist and outspoken crypto critic Peter Schiff says the recent surge is likely not caused by an organic increase in demand. In a reply to a tweet posted by Bitcoin whale and Gemini co-founder Tyler Winklevoss, Schiff says whales are […]The post Gold Bug Peter Schiff Says Bitcoin’s Recent Rise Is Due to Whale Manipulation, Calls BTC ‘Pyramid Scheme’ appeared first on The Daily Hodl.

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