Yuri Molchan
The CEO of Jan3 has addressed the criticism of Bitcoin from “influential” X accounts and issued an optimistic statement
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Contents
- Samson Mow promotes the BTC community
- “Bitcoin Supply Shock Meets Demand Shock,” $1 Million in Sight – Mow
Samson Mow, Jan3 boss and former Bitcoin investor, used the social media platform Twitter/X to share an optimistic message about BTC with his 271,000 followers.
He believes Bitcoiners are “about to win,” citing an important factor related to societal sentiment toward the flagship cryptocurrency.
Samson Mow promotes the BTC community
The CEO of Jan3 tweeted that he had recently seen accounts he described as “influential” criticizing Bitcoin. Mow clarified that he was using “influential” in the broader sense in this context and that these Twitter accounts “could include third-rate comedians.”
Whatever the case, the conclusion he came to was optimistic, saying, “It feels like we’re on the verge of victory.”
As Bitcoin appears to have resumed its uptrend and recently regained the high of $44,000, marking its highest peak so far this year, Mow began posting more commentary on Bitcoin, its price action, and market behavior than before. Meanwhile, BTC has suddenly fallen below $41,000.
On Saturday, the influencer ironically tweeted that he was “bored” with Bitcoin hanging at $44,000, adding that he doesn't mind a small correction now since “S-Coins” have grown strongly along with Bitcoin and ” they need to cool down.”
“Bitcoin Supply Shock Meets Demand Shock,” $1 Million in Sight – Mow
In his recent tweets, Mow has expressed his bullish views on the continued rise of Bitcoin that he expects – the Bitcoiner believes that the flagship cryptocurrency will eventually (and perhaps soon enough) reach an incredible value of $1 million per coin The price was also expected by the late John McAfee before he made a U-turn and started criticizing BTC.
Mow cited the demand shock meeting the supply shock for BTC as one of the reasons for such a massive Bitcoin price increase, as institutional investors try to buy all the BTC within their reach and there is less and less BTC in the market. Long-term holders will not sell their Bitcoin, and the upcoming halving will halve the production of new BTC – just over 3 BTC compared to 6.25 BTC produced since May 2020, when the previous halving took place.
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. He believes that blockchain and cryptocurrencies have the potential to change the world in many aspects of the future. He has written for several crypto media outlets. His articles have been quoted by crypto influencers such as Tyler Winklevoss, John McAfee, CZ Binance, Max Keizer, etc.
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