A recent survey carried out on Twitter by Peter Schiff, the prominent Bitcoin critic and gold bug, has shockingly revealed that 60% of Bitcoin investors are willing to hodl to the grave if the price of Bitcoin stays below the critical psychological mark of $10,000.
In what seemed like a backfiring criticism and an antithesis of what Shiff had anticipated, close to 60% of the Twitter respondents totalling about 23,113 passed a vote of confidence on Bitcoin, expressing their readiness to go to the grave instead of selling Bitcoin below $10,000. This is coming even though Bitcoin has largely traded below $10,000 for most part of the year. Investors are still very much confident, the survey shows.
The result of the survey shows that 15.1% of the respondents are willing to sell their Bitcoin in another year time if the price doesn't rise above $10,000. On the other hand, 57.7% of the respondents are willing to rather go to the grave than sell Bitcoin below the psychological $10,000 mark.
Known for always criticizing Bitcoin, Peter Schiff is well known for his anti-crypto, especially Bitcoin, sentiments. While his Twitter poll may not be accepted as being scientifically accurate, it surely captures the mood of the investors. And frankly, the sentiments is changing in favour of Bitcoin to the extent that Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad recently endorsed cryptocurrencies as the future of digital investment.
Image sourced from Pixabay
People associated with bitcoin are very committed to it, and this commitment will surely increase the price of BTC in the long term
That's a pretty large sample too!
Sure, it is in all respect. Thanks for stopping by.
Count me in ... In the grave, that is. I'll hold until it gets to multiples of the current price.
Then I'll cash some in, and whistle as I pass Peter Schiff's "grave." :-)
Hahaha I laughed really really hard reading this part. Whistling past his grave. Lol. Do remember 👦boys like me in your kingdom. Cheers boss!