Bitcoin will drop to $ 0, 2008 financial crisis predictor says

The “people who took it years ago, even people who took it at the beginning of the year, have the opportunity to make money and make a lot of money. But the people who are now buying at these prices or higher prices will virtually lose everything”, Schiff told “RT International Channel”, report Periscope.

“These coins will have the value of zeros”, Schiff predicts. For now, the only reason people are buying bitumen is because the price is rising. ”

“There is no value in bitcoin, you cannot use it as before,” notes Schiff.

The investor called Bitcoin a “sequencing digital wealth”, and once its price stops to increase, it will fade.

This year's Bitcoin has grown to 2,000 percent. Capitalizing the digital currency market is approaching $650 billion, with a $50 billion trading volume./Periscopi/