2 years ago
Veteran trader Peter Brandt precocious branded BTC arsenic a bequest coin that volition yet outlast and outperform each “make-believe cryptos wannabees.” Some non-bitcoin maximalists person said the seasoned trader’s remarks astir bitcoin are misguided and called connected him to stay flexible.
Maximalist Ideology
Veteran trader Peter Brandt precocious riled altcoiners aft helium suggested that bitcoin volition outperform and outlast what helium described arsenic “make-believe cryptos wannabees.” Brandt made the remarks aft Mike Cautillo — a backstage capitalist astatine e-Holdings — concurred with his earlier tweet astir BTC’s impending “decisive breakout.”
$Bitcoin $BTC is the bequest coin and volition outlast and out-value each of the make-believe cryptos wannabees https://t.co/uzeuKua1qk
— Peter Brandt (@PeterLBrandt) June 19, 2023
Matthew Casterns, 1 of the Twitter users that responded to Brandt’s remarks, said helium did not recognize the reasoning down the seasoned trader’s assertions. Casterns argued that proclaiming BTC “will everlastingly out-value everything” is misguided. He besides urged Brandt to enactment flexible.
Another Twitter user, Allicnac, reminded Brandt astir the Bitcoin network’s precocious transaction fees and agelong confirmation times and however these marque the facilitation of businesslike transactions impossible. The idiosyncratic ended the tweet by telling Brandt not to beryllium “fooled by maximalist ideology.”
However, successful his consequent tweets connected the aforesaid subject, Brandt, who has antecedently clashed with the bitcoin “laser eye” movement, appeared to reaffirm his content successful BTC. In 1 of these tweets, the seasoned trader shared a illustration which seemingly points to a imaginable bull run.
The load of impervious is expanding upon the bears successful Bitcoin $BTC
The retesting of the underlying H&S has been good supported
and a imaginable falling wedge is being completed connected regular enactment illustration pic.twitter.com/fLnh31PkLA
— Peter Brandt (@PeterLBrandt) June 20, 2023
“The load of impervious is expanding upon the bears successful Bitcoin $BTC. The retesting of the underlying H&S has been good supported and a imaginable falling wedge is being completed connected [the] regular enactment chart,” Brandt explained.
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