U.Today – Samson Mow, a vocal Bitcoin maximalist and the chief executive officer at JAN3, has published a reminder to the global cryptocurrency community, discussing Bitcoin in his recent tweet.
“Artificial” Bitcoin price
Once again, Mow referred to the $100,000 price level. This time, Mow hinted that Bitcoin is being artificially held under that mark. His tweet states: “Bitcoin under $0.1M is artificial. Enjoy it while you can.”
In early June, the JAN3 boss also touched on that topic. According to that tweet, Mow believes that in order to finally surpass $100,000, the world’s largest cryptocurrency Bitcoin needs first to exceed the all-time high of $73,750 it achieved in March.
After that, Mow continued, the recursive demand shock will step in and will drive BTC all the way above the $100,000 price line.
In one of his tweets published this summer, Mow said he expects Bitcoin to skyrocket to a whopping $1,000,000 within the next year. Even if it happens later than this time frame, he remarked, it is still imminent in the near future.
Max Keiser reveals five stages of “Bitcoin mastery”
Another prominent Bitcoiner and advisor to El Salvador’s president Nayib Bukele, Max Keiser, engaged with his crypto followers on the X platform by publishing “5 stages of Bitcoin mastery.”
These stages describe the evolving attitudes of crypto investors towards Bitcoin as they grow to understand and appreciate BTC more. They culminate in Keiser’s famous thesis that “everything is going to zero against Bitcoin.”
- I just heard about BTC, I can fix it.
- Admiration towards Bitcoin, though not as much as for altcoins.
- Using BTC for payments (adoption).
- Bitcoin becomes a new asset class and the best store of value ever.
Keiser noted that the third stage is now being implemented in El Salvador, where he is the president’s Bitcoin advisor. He posits that these stages apply not only to retail investors but also to countries. Keiser anticipates that the fourth stage (“BTC = new asset class; best store of value ever”) will soon arrive in the U.S. as well.
This article was originally published on U.Today
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