Two Types of Bitcoin FOMO, Max Keizer Explains Reactions of Late Buyers

Nivesh Rustgi
Nivesh Rustgi

Nivesh Rustgi

Contributor
Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on X at @nivishoes or mail him at nivesh(at)coingape.com
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
max keizer bitcoin maximalist

There are a number of renowned investors like Warren Buffet, Jim Rogers, Peter Schiff and so on who reject the idea of Bitcoin. Among them, Schiff is one of the leading critics, voicing his scam and Ponzi call on Bitcoin and crypto on a regular basis.

According to Max Keizer, these ‘not’ Bitcoin influencers are the one’s who indulge in FOMO at highs later. He tweeted,

@PeterSchiff Jim Rogers, @mcuban (Mark Cuban) and other pre-coiners represent huge pent-up #Bitcoin buying demand. When they finally understand it, they’ll go all-in with huge buys. I 100% guarantee this to be the case.
He suggested that Peter Schiff is going to trigger a panic buy at $50,000.

McAfee and the ‘Karen Meme’

Moreover, he also went onto attack John McAfee, the founder of McAfee Anti-Virus, who stepped down from supporting Bitcoin to other cryptocurrencies.

McAfee was popular in the crypto community for his $1 million/Bitcoin prediction. However, he shifted his belief to a tokenized world with other cryptocurrencies leading the payment charge. According to Keizer, the purpose of shilling and marketing altcoins is only a futile attempt to replicate the early gains in Bitcoin.

This has some truth in it as altcoin investment has usually been motivated to ‘stack sats.’ Keizer tweeted,

Example of someone who’s *not* a #Bitcoin influencer: John McAfee He came to BTC late (was already past $2,000) And after initial, splashy outrageousness – proceeded to wipe out Bitcoiners globally with his extremely dodgy ‘coin of the day’ scam #KingOfScammers

He went on the call Mrs McAfee a ‘Karen’ (referring to the meme a snout ignorant woman) who replied in John’s defence. However, Keizer continued to indicated that McAfee is suited to shill ‘Karencoin.’ McAfee had a humble response to Keizer and refrained from going into the specifics. He tweeted,

@maxkeiser has, for some reason, been trashing me recently. I do not mind. I am, indeed, very trashable. I do, however, respect Max, and even included him in my top 50 list of Crypto Influencers – each with their own movie poster:
 Do you agree with Max Keizer’s views? Please share your views with us. 
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
AD
BestChange

Instant Currency Exchange at BestChange with Ease

  • Compare Rates Across 1000+ Exchanges
  • Access 250+ Cryptocurrencies & Pairs
  • Save Time with Real-Time Price Tracking
  • Trusted & Verified Exchange Listings
MemeToro

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on X at @nivishoes or mail him at nivesh(at)coingape.com