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Peter Schiff’s Bitcoin predictions still point to a market-cap drop above 99%

The Cryptonomist·October 19, 2026·1 min read
Peter Schiff’s Bitcoin predictions still point to a market-cap drop above 99%

Binance founder Changpeng Zhao mocked Peter Schiff's Bitcoin predictions, joking the longtime critic would eventually get it right after reversing his position. The jab targeted bearish forecasts stretching back to 2011. Schiff's June 2026 concession that Bitcoin might survive still came with a forecast of devastating losses.

Read at The Cryptonomist
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