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Thread: Peter Schiff Just Lost His Bitcoin Life Savings

  1. #1

    Peter Schiff Just Lost His Bitcoin Life Savings


    https://twitter.com/PeterSchiff/stat...11797626847234

    LESSON: Stick to gold.
    Last edited by Warlord; 01-19-2020 at 09:43 AM.



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  3. #2
    It doesn't sound like Twitter is buying this story.
    "The Patriarch"

  4. #3
    He is not a BTC fan at all, so I am sort of surprised that he has BTC.

  5. #4
    Crash is coming. Gold to the moon!!

  6. #5
    we got hit last weekend...hacked wifes phone and transacted an account THAT HAD NOT BEEN VERIFIED, SHE HAD ZERO CONTROL WE COULDNT MOVE IT IF WE WANTED TO


    poof

    bye


    ben swann
    pete schiff
    jkr

    YOU
    COULD BE NEXT!
    FLIP THOSE FLAGS, THE NATION IS IN DISTRESS!


    why I should worship the state (who apparently is the only party that can possess guns without question).
    The state's only purpose is to kill and control. Why do you worship it? - Sola_Fide

    Baptiste said.
    At which point will Americans realize that creating an unaccountable institution that is able to pass its liability on to tax-payers is immoral and attracts sociopaths?

  7. #6
    Fake Trade Deal, real globalist USMCA aka NAFTA 2.0.

    Quote Originally Posted by Swordsmyth View Post
    You only show up to attack Trump when he is wrong
    Make America the Land of the Free & the Home of the Brave again

  8. #7
    Quote Originally Posted by RonZeplin View Post
    Fake Trade Deal, real globalist USMCA aka NAFTA 2.0.

    Rand voted for it, so you know .........

  9. #8

    https://twitter.com/PeterSchiff/stat...31701730013184

    Any comment @timosman?



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  11. #9
    Bitcoin IS very risky. When i owned some like 9 years ago (when it was $8!!!) I used online wallets to store them. However they disappeared over time and so its not much of a good idea. i cashed them out before they went down so I guess I got lucky.

  12. #10
    Quote Originally Posted by Warlord View Post
    Any comment @timosman?
    Buy silver!

  13. #11
    Quote Originally Posted by timosman View Post
    Buy silver!
    This ^^^^^
    Quote Originally Posted by Swordsmyth View Post
    You only show up to attack Trump when he is wrong
    Make America the Land of the Free & the Home of the Brave again

  14. #12
    Quote Originally Posted by timosman View Post
    Buy silver!
    Just don't let Oyarde know if you do.
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

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    The Federalist Papers, No. 15:

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  15. #13
    Gold has performed well better than silver and will do in the near term so buy gold instead

  16. #14
    Quote Originally Posted by Warlord View Post
    Bitcoin IS very risky. When i owned some like 9 years ago (when it was $8!!!) I used online wallets to store them. However they disappeared over time and so its not much of a good idea. i cashed them out before they went down so I guess I got lucky.
    I hate to blame the victim but Schiff was an idiot to not have a backup. Of course there are a variety of services that may be able to recover a corrupted wallet. Also Warlord trusting unknown people to store something of value for you was risky behavior. Very easily you could have controlled your own bitcoin in your own wallet and had lots of backups. You can even print out a paper wallet, send to that, store copies of that in a safety deposit, engrave it in metal, lots of ways to ensure you don't have just one copy of your Bitcoin.

    Crypto gives the usre control of their assets. It is very easy to back it up, just don't forget your passwords. If you leave it in the care of someone else then you had better be sure you can trust it in their care.
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  17. #15
    Bitcoin now is not so stable.



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