Popular bitcoin whale and former Twitter user Joe007 has re-emerged on social media to discuss the impact of bitcoin’s halving price “FOMO.”
Joe007, a bitcoin whale who gained prominence for earning a reported $20 million in profits through February and March’s volatility, suddenly deleted his Twitter profile last week. The prolific trader called his Twitter account a “time-limited experience” in a farewell post before deleting all of his tweets.
However, Joe007 has re-emerged on Bitfinex’s newly launched social media platform Pulse.
In an update published on Saturday just day’s bitcoin’s block reward reduction, the whale trader sarcastically implied that BTC’s price was not going to live up to expectations of a post-halving all-time high.
The post reads,
What do you mean “What happens after Halving”?! The miners stop selling and the price immediately jumps to reach new ATH, of course. Well, not “immediately” – it may take a minute or two, maybe.
Joe007 added another post the day before the halving, claiming bitcoin’s short-lived fear-of-missing-out (FOMO) rally failed to meet market expectations. He then published a tongue-in-cheek take on bitcoin’s market, poking fun at other popular models such as stock-to-flow (S2F).
Featured Image Credit: Photo via Pixabay.com