Changpeng Zhao Questions Schiff’s Bitcoin Forecasts After Concession
Photo: CoinCentral
TLDR Changpeng Zhao mocked Peter Schiff’s bearish Bitcoin predictions in an October 19 response to Pete Rizzo. Schiff has questioned Bitcoin’s value since 2011, repeatedly comparing its price gains to speculative bubbles. Bitcoin exceeded $100,000 in December 2024 despite Schiff’s earlier warnings about an eventual collapse. During a June 2026 debate, Schiff acknowledged that Bitcoin might never fall completely to zero. Schiff maintained his bearish outlook, warning that Bitcoin could still lose more than 99% of its market value.
Source: CoinCentral
