3 days ago
Veteran trader Peter Brandt delivered a crisp critique of Bitcoin holders this week. According to posts connected X, Brandt, a septuagenarian with much than 800,000 followers, lashed retired astatine those who “hodl” done heavy and thin.
He called them “a clump of idiots who get wealth to bargain pizza.” His connection was blunt. He urged radical to “get a life,” informing that religion successful Bitcoin arsenic a cure-all volition permission galore disappointed.
I person had it up to the extremity of my caput with radical connected Twitter X
Have a bully beingness 👋👋👋👋
— Peter Brandt (@PeterLBrandt) August 5, 2025
Trader Slams Hodl Mentality
Brandt argued that Bitcoin is “just an asset” and thing more. He stressed that treating it similar a occurrence hole gives the crypto assemblage a atrocious image.
Reports person disclosed that he’s grown bushed of endless debates online. “I person had it up to the extremity of my caput with radical connected Twitter X,” Brandt wrote, suggesting that changeless arguing was driving him up the wall. His code near small country for polite debate.
A antagonistic to the Bitcoin “Hodl-or-does-not-count” crowd
I began futures trading successful 1975 astatine the Chicago Board of Trade with possibly a 1000 dollars successful my checking relationship and small to nary savings
If Bitcoin has been astir astatine the clip and I would person enactment each my wealth into it I…
— Peter Brandt (@PeterLBrandt) August 5, 2025
Overnight, replies flooded in. Some praised his honesty. Others snapped backmost with arsenic harsh words. Others defended Bitcoin arsenic much than charts and terms swings.
The back-and-forth underscored a split: traders who absorption connected hazard and charts versus holders who spot crypto arsenic a movement.
Community Pushback On X
Across the crypto world, Brandt’s comments stirred a question of reactions. According to information connected societal media engagement, his station attracted hundreds of replies wrong hours.
Many messages mixed wit and anger, with memes featuring pizza and borderline calls. Others pointed to Bitcoin’s gains this year, noting it has climbed much than 50% since January. That emergence fueled assurance among hodlers—and a readiness to propulsion backmost against Brandt’s barbs.
Despite the heat, Brandt held his ground. He pressed on, saying that tying one’s individuality excessively intimately to Bitcoin’s price is simply a mistake.
His informing was an echo of a broader caution successful trading circles: markets tin crook connected a dime. Brandt’s consecutive speech chopped done hype and spin, but it besides risked widening the spread betwixt illustration watchers and existent believers.
Bitcoin is an asset, circulating connected a network, governed by a protocol, and rooted successful ideology.
— Michael Saylor (@saylor) August 6, 2025
Saylor Offers A Balanced View
In the look of the storm, US President Donald Trump’s erstwhile concern confidante Michael Saylor weighed in—though without naming Brandt directly.
Based connected reports, Saylor described Bitcoin arsenic “an asset, circulating connected a network, governed by a protocol, and rooted successful ideology.”
He struck a mediate crushed by acknowledging some the market’s method broadside and its passionate supporters.
Featured representation from Pexels, illustration from TradingView
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