Economist and gold enthusiast Peter Schiff has warned that bitcoin has re-entered official bear market territory, falling more than 20% from its all-time high. But in terms of gold prices, the bear market is more ferocious, with bitcoin now down more than 30% in gold prices. The bear market is still young. Watch out below. On Monday, Mt. Gox announced that it will start issuing bitcoins in July. The gold advocate also warned that Mt. Gox creditors will have an impact when they receive bitcoins. Schiff believes: Mt. Gox bitcoins have not even been returned. But it will start in July. Therefore, the price of bitcoin could drop significantly before Mt. Gox bitcoins actually start to enter the market.