the name given to a troll that shills for bitcoin in internet discussions, and whose behavior toward others is always toxic when those discussions might have any hint of negativity about bitcoin; usually posts under a pseudonym or anonymously; most often found in discussion forums such as Slashdot and Reddit, and/or article comment sections. They'll often write in support of/upvote their own replies using sockpuppet accounts. They are also sometimes referred to as a Bitcoin Cultist or Bitcoin Maximalist.
Gets their name for two reasons:
1. they often compare all forms of currency other than bitcoin as being as worthless as the mineral pyrite in their arguments when shilling for bitcoin
2. they themselves are chasing the "fool's gold" (bitcoin) in religious/cultist ways
Some believe that no self-respecting bitcoin owner would waste their time to make their arguments to people whom they consider "a lost cause" themselves, and since most of these troll posters keep replying in discussions with the same tired arguments concocted in their echo chambers ad infinitum (i.e. to always get the last word), it is thought that these posters are simply poor people getting paid by said bitcoiners per post, likely in Dogecoin.
Gets their name for two reasons:
1. they often compare all forms of currency other than bitcoin as being as worthless as the mineral pyrite in their arguments when shilling for bitcoin
2. they themselves are chasing the "fool's gold" (bitcoin) in religious/cultist ways
Some believe that no self-respecting bitcoin owner would waste their time to make their arguments to people whom they consider "a lost cause" themselves, and since most of these troll posters keep replying in discussions with the same tired arguments concocted in their echo chambers ad infinitum (i.e. to always get the last word), it is thought that these posters are simply poor people getting paid by said bitcoiners per post, likely in Dogecoin.
We were having a discussion about Ethereum, so naturally a Pyrite Pete came along to claim we were all wrong.
by AL Katraz July 21, 2021

I think I'll pass on the next round of shots...if I don't watch out, I'll be sleeping with Pete tonight.
by melodyq February 2, 2009

pete wentz is an emo legend. his eyeliner could literally kill a man. he was born on June 5, 1979, the emo chistmas.
by hirohamada April 24, 2015

To pop the hood of a parked car and defecate on the engine block. The next time the owner starts their car, they will be greeted with the sweet smell of hot feces.
I heard Lindsay had to take her car in to the shop again because Charles stank it up with a Steamy Pete.
by ah my chest my bloody chest July 22, 2012

A Fall Out Boy reference created when Patrick Stump was too short (and is STILL to short) to reach his microphone. Pete Wentz attempted to lift Patrick up, resulting in the forever reference "Thanks Pete!"
by Panic! At The Everywhere October 13, 2018

After dropping an epic taco and tequila splattered deuce in the bathroom, I decided to forego the wipe and gave a "Pete the Dog" to my passed out girlfriend.
by Ninjee Star July 26, 2012

I was at the park with my son the other day when he ran up to me holding a Pete Evans yelling icecream icecream !
by pete evans March 7, 2017
