{"id":672,"date":"2024-10-04T03:47:11","date_gmt":"2024-10-04T03:47:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=672"},"modified":"2024-10-04T03:47:11","modified_gmt":"2024-10-04T03:47:11","slug":"peter-schiff-compares-bitcoin-investors-to-frogs-on-the-boil-how-much-longer-will-you-let-the-water-temperature-rise-before-jumping-out-of-the-pot","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=672","title":{"rendered":"Peter Schiff Compares Bitcoin Investors To Frogs On The Boil: &#8216;How Much Longer Will You Let The Water Temperature Rise Before Jumping Out Of The Pot?&#8217;"},"content":{"rendered":"<div>\n<p>Renowned economist <strong>Peter Schiff<\/strong> scoffed at <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) HODLers for being oblivious to the impending bear market.<\/p>\n<p><strong>What Happened<\/strong>: On Thursday, the staunch Bitcoin critic took to X to highlight the leading cryptocurrency\u2019s decline against gold\u2014an asset Schiff vehemently advocates for.<\/p>\n<p>\u201cFor now, Bitcoin is holding $60,000 support. More significantly, it\u2019s down 40% priced in gold since hitting its record high just under 3 years ago,\u201d Schiff remarked.<\/p>\n<p>He urged Bitcoin investors to \u201cWake up, and smell the bear market.\u201d He used the famous \u201cfrog in a boiling water\u201d theory to ridicule them, asking, \u201cHow much longer will you let the water temperature rise before jumping out of the pot?\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\" ...>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41178298\/peter-schiff-compares-bitcoin-investors-to-frogs-on-the-boil-how-much-longer-will-you-let-\" alt=\"Peter\" schiff compares bitcoin investors to frogs on the boil: much longer will you let water temperature rise before jumping out of pot>Full story available on Benzinga.com<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned economist Peter Schiff scoffed at Bitcoin (CRYPTO: BTC) HODLers for being oblivious to the impending bear market. What Happened: On Thursday, the staunch Bitcoin critic took to X to highlight the leading cryptocurrency\u2019s decline against gold\u2014an asset Schiff vehemently advocates for. \u201cFor now, Bitcoin is holding $60,000 support. More significantly, it\u2019s down 40% priced [&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-672","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\/672","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=672"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/672\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}