U.Today – Samson Mow, a die-hard maximalist and CEO of JAN3, issued a reminder to the global cryptocurrency community in his latest tweet about Bitcoin.
Bitcoin’s “artificial” price
Once again, Mow referred to the $100,000 price level. This time, Mow suggested that Bitcoin is being artificially held below that level. His tweet reads, “Bitcoin below $0.1M is artificial. Enjoy it while you can.”
In early June, the JAN3 boss also touched on the subject. According to the tweet, Mow believes that in order to finally break through $100,000, the world’s largest cryptocurrency Bitcoin must first surpass the all-time high of $73,750 that it managed to achieve in March.
Then, Mow added, there will be a recursive demand shock that will push the BTC price above $100,000.
In a tweet this summer, Mow said he expected Bitcoin to skyrocket to a staggering $1 million within the next year. Even if it happens later than that time frame, he later said, it’s still a matter of the near future.
Max Keiser Reveals Five Stages of “Bitcoin Mastery”
Another prominent Bitcoin investor and advisor to Salvadoran President Nayib Bukele, Max Keiser, engaged with his cryptocurrency supporters on X Platform, publishing an article titled “5 Steps to Mastering Bitcoin.”
They describe the stages of cryptocurrency investors’ attitude towards Bitcoin as they begin to like and understand BTC more and more, until they finally reach Max Keiser’s celebrated thesis that “everything is going to zero against Bitcoin.”
The first stage is “I just heard about BTC, I can fix this.” The second stage is the admiration of investors for Bitcoin, even though it is not as high as altcoins. Then comes the start of using BTC for payments (adoption). Then Bitcoin becomes a novel asset class for investors and “the best store of value ever.”
Saying that the third stage is currently being implemented in El Salvador, where Keiser is the presidential advisor on BTC, he admitted that these stages describe not only retail investors but also countries. Keiser expects the fourth stage (“BTC = new asset class; the best store of value in history”) to soon appear in the US as well.
