The number of bitcoiners continues to grow over the years. Even in the middle of the bear market, the queen of cryptocurrencies can count on the support of her followers who miss no opportunity to make her apology. Peter Brandt, an experienced trader, also praises the merits of bitcoin (BTC), but throws a stone into the pond with his clear opinion on altcoins.
Bitcoin, the only master, altcoins in disgrace
Peter Brandt is a well-known analyst and well-known trader in the cryptosphere. He gets noticed with his predictions on the future of cryptos and his earth-shattering statements that are still not to everyone’s taste. We always remember this episode which saw Peter Brandt mocking cryptotraders.
This time, the expert ignites the web with his strong opinion on cryptomonnnaies. In a tweet recently, he states that bitcoin (BTC) is the only cryptocurrency with real potential and destined for success.
Peter Brandt considers ether (ETH) and all altcoins to be scams. “Bitcoin is the ONLY bet in crypto that will complete the marathon. All others are just bees or scams, including ETH,” he claimed. Peter Brandt does not believe in the potential of ether and draws a parallel with gold and silver to make it crystal clear.
For the expert, ether (ETH) is for bitcoin (BTC), what silver is for gold. This statement from Mr. Brandt follows that of Cheds, another well-known analyst in the crypto industry. The latter had claimed in a tweet that bitcoin (BTC) was the “safest” digital asset.
A position clearly known and unchanged
For those who know Peter Brandt, this statement cannot come as a surprise. The expert is accustomed to these glowing claims about bitcoin (BTC). Last November, he asserted that “bitcoin is the legacy cryptocurrency and the one that will survive.”
In June 2022, the expert highlighted the imperfections of ether (ETH). He pointed in particular to the high transaction fees and heavy nature of the Ethereum network. In response to a cryptophile who wanted to know his opinion on XRP, the analyst said he had no interest in this cryptocurrency destined for certain failure according to him.
The queen of cryptocurrencies continues to seduce, over the days, many other analysts and even behemoths of traditional finance. This is the case of the American giant Franklin Templeton, which recently fell in love with bitcoin (BTC).
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