Schiff 預測比特幣“最嚴重的崩盤”和 MicroStrategy 破產，譴責“數位龐氏騙局”

Peter Schiff 預測比特幣將出現災難性崩盤，並將其歸因於投機性 ETF 買家在大規模流動性危機期間拋售。他認為這將引發骨牌效應，牽涉 ETF 發行人並導致 MicroStrategy 可能破產。由於 Tether 涉嫌價格操縱和 MicroStrategy 的財務操縱，希夫將比特幣和區塊鏈視為“數位龐氏騙局”，並強調了比特幣價格在減半事件後下跌的歷史趨勢。

Peter Schiff Predicts Bitcoin's "Biggest Crash Ever" and MicroStrategy Bankruptcy

Peter Schiff 預測比特幣將出現「有史以來最嚴重的崩盤」和 MicroStrategy 破產

Renowned cryptocurrency critic Peter Schiff has issued a dire warning for Bitcoin and its major corporate proponent, MicroStrategy, forecasting a catastrophic price collapse and potential bankruptcy for the latter.

著名加密貨幣評論家 Peter Schiff 對比特幣及其主要企業支持者 MicroStrategy 發出了可怕的警告，預測後者將出現災難性的價格暴跌並可能破產。

Schiff's Dire Predictions for Bitcoin

希夫對比特幣的可怕預測

In a recent appearance on Patrick Bet David's "Valuetainment" podcast, Schiff outlined his rationale for Bitcoin's impending downfall:

在最近出現在 Patrick Bet David 的“Valuetainment”播客中，希夫概述了他對比特幣即將崩潰的理由：

• Mass ETF Selling: As speculative buyers withdraw from Bitcoin exchange-traded funds (ETFs), the resulting sell orders will flood the spot market.
• Liquidity Crunch: The surge in selling will overwhelm the market's liquidity, causing prices to plummet.
• ETF Issuers Forced to Sell: ETF issuers like BlackRock will be compelled to offload their Bitcoin holdings to meet sell orders, further exacerbating the price decline.

Schiff also highlighted a historical pattern: during Bitcoin price dips, the supply of Tether (USDT) tends to increase, suggesting that it is used to artificially inflate Bitcoin's value.

大量ETF 拋售：隨著投機性買家從比特幣交易所交易基金(ETF) 撤資，由此產生的賣單將充斥現貨市場。流動性緊縮：拋售激增將壓垮市場流動性，導致價格暴跌。X發行人被迫賣出：貝萊德等ETF 發行人將被迫拋售其持有的比特幣以滿足賣出指令，從而進一步加劇價格下跌。Schiff 也強調了一個歷史模式：在比特幣價格下跌期間，Tether (USDT) 的供應量往往會增加，這表明它被用來人為地抬高比特幣的價值。

MicroStrategy's Vulnerabilities

MicroStrategy 的漏洞

Schiff raised concerns about MicroStrategy's financial maneuvers, including leveraged balance sheets and the sale of company shares. He believes that these actions increase the company's vulnerability to a Bitcoin price crash, potentially leading to bankruptcy.

Schiff 對 MicroStrategy 的財務操作（包括槓桿資產負債表和出售公司股票）表示擔憂。他認為這些行為增加了公司遭受比特幣價格暴跌的脆弱性，可能導致破產。

Bitcoin's "Digital Ponzi Scheme"

比特幣的“數位龐氏騙局”

Schiff disparagingly refers to Bitcoin and blockchain as a "Digital Ponzi" or "pyramid scheme," arguing that they are based on speculative value rather than fundamental economic principles.

希夫輕蔑地將比特幣和區塊鏈稱為“數位龐氏騙局”或“金字塔計劃”，認為它們是基於投機價值而不是基本經濟原理。

Historical Halving Trends

歷史減半趨勢

While the cryptocurrency community eagerly anticipates the impact of Bitcoin's upcoming halving event, Schiff cites historical data showing that Bitcoin prices have typically declined in the two months following the halving.

儘管加密貨幣社群熱切期待比特幣即將到來的減半事件的影響，但希夫引用的歷史數據顯示，比特幣價格通常在減半後的兩個月內下跌。

Bitcoin's Current Market Position

比特幣當前的市場地位

Currently, Bitcoin hovers around the $70,000 mark, but has experienced a 2.2% loss over the past month. In mid-March, it reached an all-time high of $73,750.

目前，比特幣徘徊在 7 萬美元大關附近，但過去一個月已下跌 2.2%。 3月中旬，達到歷史新高73,750美元。

Analyst Projections for MicroStrategy

MicroStrategy 分析師預測

Benchmark analyst Mark Palmer estimates that MicroStrategy's Bitcoin holdings will rise to 298,246 by the end of 2025, from 214,246 as of March 19.

Benchmark 分析師 Mark Palmer 估計，到 2025 年底，MicroStrategy 的比特幣持有量將從截至 3 月 19 日的 214,246 增加到 298,246。

Bitcoin's Institutional Acceptance and Future

比特幣的機構接受度與未來

Despite Schiff's bearish predictions, Bitcoin's influence as an institutional asset class is expected to be a key topic of discussion at Benzinga's upcoming Future of Digital Assets event on November 19.

儘管 Schiff 做出了悲觀預測，但比特幣作為機構資產類別的影響力預計將成為 Benzinga 即將於 11 月 19 日舉行的數位資產未來活動上討論的關鍵話題。