Veteran Trader Peter Brandt Labels Ethereum A ‘Junk Coin,’ Says Bitcoin Is ‘King Over Gold’
A seasoned stock exchange trader since 1975, Peter Brandt, on Thursday, gave a critical view of Ethereum (CRYPTO: ETH), the second leading cryptocurrency by market capitalization. What Happened: Brandt referred to Ethereum as a “garbage coin” and shared his fatigue over having to repeat this stance. “I am tired of saying this over and over again,” Brandt tweeted. He went on to suggest that regardless of their dedication, fans’ loyalty does not sway his opinion on the cryptocurrency. Brandt continued to express his analysis of Ethereum, arguing that it fails as a reliable store of value and att…