With Bitcoin surpassing all-time highs by the hour, even noted Bitcoin skeptic Peter Schiff is trying to get in on the action by selling his Ordinals collection.
On Sunday, the financial commentator and radio host said on X (formerly Twitter) that the Peter Schiff Ordinals collection, also known as the Golden Triumph Ordinals Set, would go up for sale on Magic Eden.
Bitcoin surged past $80,000 Sunday in the crypto-optimistic wake of Donald Trump’s election victory last week. It has since passed the $87,000 mark.
Launched in 2023, the “Golden Triumph Ordinals Set” is a collection of 51 Ordinal inscriptions on the Bitcoin Blockchain. Similar to a non-fungible token (NFT), a Bitcoin Ordinal is a digital collectible on the Bitcoin blockchain. Each Ordinal is inscribed on an individual satoshi, the smallest denomination of a Bitcoin. Ordinals have included text, images, video clips, and even video games on the Bitcoin network.
The current floor price for one of the Schiff NFTs is 0.1245 BTC, around $10,774 for each collectible, according to Magic Eden data. Despite having a low trading volume, the Schiff NFTs rose 149% last year with an original price of 0.05 BTC, around $1,885.
“There’s 21 million Bitcoin but only 50 Golden Triumph ordinals. It’s clear which one is more valuable,” Schiff tweeted. “You can’t argue with math.”
It’s unclear if Schiff is attempting to profit from Bitcoin mania. The gold bug did not immediately return a request for comment.
Crypto Twitter reacted to Schiff’s tweet with a mix of surprise and skepticism.
Peter Schiff promoting Ordinals is not something I had on my 2024 bingo card https://t.co/N2m7pvCDfP
— Chris ☕️ (@ChrisCoffeeEth) November 11, 2024
id rather buy a pet rock pic.twitter.com/bVqhBtlaS8
— kitty (🪨,🪨) (@0xkitty69) November 10, 2024
Peter, it’s very clear that your bearish sentiment about Bitcoin (which has been wrong) is a great engagement farming strategy. I have to give it to you.
But it’s time for you to join us for real 🤗
— Jan | BIP-420🐱 (@nonfungible_jan) November 11, 2024
Despite Schiff announcing the sale of the Ordinals collection, he claimed not to own a Bitcoin wallet himself or ownership of the collection.
“The ordinals belong to the people who bought them in the original auction,” he said.
No me. Whoever sells their ordinal gets your Bitcoin. I don’t even have a wallet.
— Peter Schiff (@PeterSchiff) November 10, 2024
When asked why someone would part with the increasingly valuable Bitcoin for one of his NFTs, Schiff said it was because of scarcity.
“Why is Bitcoin more valuable,” Schiff said. “The Golden Triumph originals are way more scarce than Bitcoin.”
Schiff has consistently argued that gold is a better investment than Bitcoin, comparing it to Tulip mania.
On Monday, he decried Trump’s vow to establish a Bitcoin Reserve, prognosticating that such a move would cause a massive market meltdown.
“To maintain the pretense that its Bitcoin reserve has actual value, the U.S. government would be forced to keep buying, destroying the value of the dollar in the process.” he tweeted.
If the U.S. government actually established a #Bitcoin reserve and bought 1 million Bitcoin, it might end up buying millions more. Since the U.S. government’s purchase of 1 million Bitcoin would drive the price so high, many HODLers, then worth millions or billions, would finally…
— Peter Schiff (@PeterSchiff) November 11, 2024
In any case, it appears as though Schiff wants a piece of the action after more than a decade of denial. Welcome aboard.
Edited by Sebastian Sinclair and Josh Quittner
Excellent site. A lot of helpful info here. I¦m sending it to several pals ans also sharing in delicious. And obviously, thank you in your effort!
I’ve been absent for some time, but now I remember why I used to love this blog. Thank you, I will try and check back more often. How frequently you update your web site?
The very crux of your writing whilst sounding agreeable originally, did not work well with me after some time. Somewhere within the paragraphs you managed to make me a believer but only for a short while. I nevertheless have a problem with your jumps in logic and you might do well to help fill in those gaps. In the event that you can accomplish that, I could undoubtedly be impressed.
Purdentix review
The design and usability are top-notch, making everything flow smoothly.
This website is amazing, with a clean design and easy navigation.
The design and usability are top-notch, making everything flow smoothly.
The content is engaging and well-structured, keeping visitors interested.
It provides an excellent user experience from start to finish.
The layout is visually appealing and very functional.
This site truly stands out as a great example of quality web design and performance.
It provides an excellent user experience from start to finish.
I’m really impressed by the speed and responsiveness.
The design and usability are top-notch, making everything flow smoothly.
The design and usability are top-notch, making everything flow smoothly.
This website is amazing, with a clean design and easy navigation.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
The design and usability are top-notch, making everything flow smoothly.
The design and usability are top-notch, making everything flow smoothly.
This website is amazing, with a clean design and easy navigation.
I’m really impressed by the speed and responsiveness.
I love how user-friendly and intuitive everything feels.
The layout is visually appealing and very functional.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
The layout is visually appealing and very functional.
The design and usability are top-notch, making everything flow smoothly.
The layout is visually appealing and very functional.
The content is engaging and well-structured, keeping visitors interested.
I’m really impressed by the speed and responsiveness.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
I love how user-friendly and intuitive everything feels.
A perfect blend of aesthetics and functionality makes browsing a pleasure.
The content is engaging and well-structured, keeping visitors interested.
ICE WATER HACK FOR WEIGHT LOSS
This website is amazing, with a clean design and easy navigation.
I’m really impressed by the speed and responsiveness.
It provides an excellent user experience from start to finish.
Wow! This can be one particular of the most beneficial blogs We’ve ever arrive across on this subject. Basically Fantastic. I’m also a specialist in this topic so I can understand your effort.
Pretty section of content. I just stumbled upon your web site and in accession capital to assert that I acquire actually enjoyed account your blog posts. Anyway I will be subscribing to your feeds and even I achievement you access consistently rapidly.
how can i get cheap clomiphene without prescription cheap clomiphene without a prescription can i get clomid pills can you buy clomid without insurance order clomid without rx where to get clomid pill cost clomid without a prescription
This is the gentle of writing I truly appreciate.
I couldn’t weather commenting. Adequately written!
buy azithromycin 500mg without prescription – flagyl 200mg pills buy metronidazole 200mg for sale
buy semaglutide 14 mg pills – semaglutide 14 mg generic periactin 4mg without prescription
Great website. Lots of helpful information here. I’m sending it to some friends ans additionally sharing in delicious. And certainly, thank you on your effort!
motilium 10mg pills – cost sumycin 250mg cyclobenzaprine 15mg pill
inderal price – order inderal 10mg without prescription order methotrexate 2.5mg generic
how to get amoxicillin without a prescription – cheap generic amoxicillin buy combivent without a prescription
where can i buy zithromax – zithromax 500mg tablet buy bystolic 20mg pill
how to buy augmentin – atbio info buy acillin generic
order esomeprazole online – https://anexamate.com/ purchase nexium without prescription
buy coumadin without prescription – blood thinner losartan 50mg price
order meloxicam 15mg online – https://moboxsin.com/ mobic canada
Sweet blog! I found it while browsing on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks
prednisone brand – https://apreplson.com/ prednisone 10mg over the counter
buy erectile dysfunction meds – best over the counter ed pills buy ed medications online
amoxil pills – https://combamoxi.com/ buy amoxicillin generic
fluconazole 100mg canada – buy forcan pills for sale order forcan generic
order cenforce 50mg – https://cenforcers.com/# cenforce 100mg cheap