Bitcoin Bull on ‘Junk’ Altcoins: ‘2017 Was a One-Off, We Were Clueless’
Bitcoin podcaster Peter McCormack launched an epic Twitter rampage to savage the theory that the crypto market is on the verge of "altseason." | Source: Shutterstock
As crypto analysts pontificate that the so-called “altseaon” will soon arrive, bitcoin podcaster Peter McCormack has a simple message: Don’t hold your breath.
The “What Bitcoin Did” host went on a Twitter rampage this week to advance the notion that bitcoin will obliterate the rest of the crypto market, leaving a trail of altcoin bagholders in its wake.
The series of altcoin-hating tweets began with a shot at bitcoin’s top rival, ethereum.
https://twitter.com/PeterMcCormack/status/1148715403528613893
It appears that this tweet merely served to get McCormack all warmed up. He quickly rattled off five more tweets on the same issue in a span of 48 hours.
McCormack Predicts New Bitcoin All-Time High While Posting an Image of a Lamborghini
The cryptocurrency podcaster continued his promotion of the number one cryptocurrency by posting, “Bitcoin new ATH by the end of summer or I’ll delete @APompliano’s account.”
https://twitter.com/PeterMcCormack/status/1148929103560679424
Obviously, McCormack added humor to his tweet so that his followers won’t take it too seriously. However, it appears that the podcast host is riding the wave of bitcoin’s prevailing bullish sentiment to push his message of bitcoin maximalism.
The tweet was immediately followed by another post in which McCormack took a jab at bitcoin investors who say they are in it for the technology.
https://twitter.com/PeterMcCormack/status/1148931356128350208
Three minutes after this tweet, he posted an image of a Lamborghini Huracan Performante with a caption, “This one. Bite me.”
https://twitter.com/PeterMcCormack/status/1148931943909724162
McCormack Blasts Altcoins After Hyping Bitcoin
Praying for an alt season? Better keep praying because according to McCormack, it will never happen again.
In one of his most recent tweets, McCormack thrashed altcoins by writing that “alts are junk.” He then continued by saying that “2017 was a one off, we were clueless”
He ended this tweet with a strong statement to go long on bitcoin.
https://twitter.com/PeterMcCormack/status/1148991855809503233
The Crypto Twitter celebrity ended his tweet rampage by bashing ethereum holders (again). In the tweet, he wrote, “Liking ETH is okay, we can still be friends. Some of my friends eat Tofurky and we still get along.”
https://twitter.com/PeterMcCormack/status/1149052167120142336
Tofurky, of course, is a combination of tofu and wheat protein created as a vegetarian substitute for turkey.
McCormack’s inference should be clear.
What If He’s Wrong?
Bitcoin’s recent tear has emboldened maximalists like Peter McCormack. At nearly 66%, BTC dominance stands at its highest level since 2017, and the leading cryptocurrency continues to brutalize its would-be rivals.
However, overly-bold messages like this can also be a sign of out-of-control euphoria. With bitcoin plunging below $12,000, McCormack’s tweetstorm could be a signal that the local top is in.
If that’s the case, it would be more than a bit hilarious if the altcoins that McCormack dissed suddenly came to life in the next few days.
Click here for a real-time bitcoin price chart.
