{"id":19522,"date":"2025-03-28T09:46:31","date_gmt":"2025-03-28T09:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19522"},"modified":"2025-03-28T09:46:31","modified_gmt":"2025-03-28T09:46:31","slug":"peter-schiff-slams-gamestops-bitcoin-strategy-as-shares-plummet-now-that-all-the-fools-have-already-rushed-in-smarter-investors-are-selling","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19522","title":{"rendered":"Peter Schiff Slams Gamestop&#8217;s Bitcoin Strategy As Shares Plummet: &#8216;Now That All The Fools Have Already Rushed In, Smarter Investors Are Selling&#8217;"},"content":{"rendered":"<div>\n<p>Renowned economist\u00a0<strong>Peter Schiff<\/strong>\u00a0slammed <strong>GameStop Corp.\u2019s<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GME#NYSE\">GME<\/a>) <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) investment strategy as the company\u2019s shares nosedived on Thursday.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0Schiff took to X, chiming in on the video game retailer\u2019s pullback. \u201cGME is now getting crushed.\u00a0 It\u2019s\u00a0down 22% on the day,\u00a0down 26% from yesterday\u2019s high,\u201d the staunch Bitcoin critic highlighted.<\/p>\n<p>Moreover, he referred to individuals who fell for the hype as \u201cfools,\u201d adding that \u201csmarter\u201d individuals are exiting the market upon realizing that wasting money buying Bitcoin is not a viable long-term business model.<\/p>\n<p>\u201cNow that all the fools have already rushed in, smarter investors are selling as they realize that wasting cash buying Bitcoin is not a viable long-term business model.\u201d<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24GME&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GME<\/a> has lost all of &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44531398\/peter-schiff-slams-gamestops-bitcoin-strategy-as-shares-plummet-now-that-all-the-fools-hav\" alt=\"Peter\" schiff slams gamestop bitcoin strategy as shares plummet: that all the fools have already rushed in smarter investors are selling>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned economist\u00a0Peter Schiff\u00a0slammed GameStop Corp.\u2019s (NYSE:GME) Bitcoin (CRYPTO: BTC) investment strategy as the company\u2019s shares nosedived on Thursday. What Happened:\u00a0Schiff took to X, chiming in on the video game retailer\u2019s pullback. \u201cGME is now getting crushed.\u00a0 It\u2019s\u00a0down 22% on the day,\u00a0down 26% from yesterday\u2019s high,\u201d the staunch Bitcoin critic highlighted. Moreover, he referred to individuals [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19522","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19522"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19522\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}