As a seasoned observer of the financial world, having witnessed the rise and fall of numerous market titans, I find myself intrigued by the ongoing Bitcoin saga. The latest predictions from NBA legend Scottie Pippen and MicroStrategy’s Michael Saylor have added another layer of excitement to this digital gold rush.
Legendary NBA player Scottie Pippen, known for his basketball prowess, shared a post on social media about Satoshi Nakamoto predicting a high Bitcoin price in a dream. This post caused quite a stir within the cryptocurrency community, with reactions ranging from skepticism to excitement.
Currently, Pippen is expanding this concept to Bitcoin advocate Michael Saylor and the highly optimistic Bitcoin price prediction he shared on CNBC the day before yesterday.
Michael Saylor’s Bitcoin talk on CNBC
On Monday, Michael Saylor, co-founder and executive chairman of MicroStrategy, appeared on CNBC’s Squawk Box program. During the interview, they talked about Bitcoin’s market movements recently, the significant outflows from spot Bitcoin ETFs, and MicroStrategy’s triumph over competitors in their field.
Michael Saylor boasted about the remarkable surge of over 800% in MicroStrategy’s stock price since August 2020. This growth was largely due to their successful fundraising from investors via convertible notes for Bitcoin acquisition. Essentially, this indirect investment approach is akin to that used by ETFs.
Saylor emphasized that at present, MicroStrategy is surpassing all the firms listed in the S&P 500 index.
Michael Saylor predicts $13 million per Bitcoin, Pippen adds “Satoshi comment”
In time, Saylor was inquired about how much of the funds from the gold market he anticipated would move into Bitcoin. The chairman of MicroStrategy expressed his belief that if currently the market cap of Bitcoin is only 0.1% of the global capital and he expects BTC to take up approximately 7% of it soon.
Saylor predicted that in 21 years, Bitcoin price will reach a mind-boggling $13 million per coin. Here’s when Scottie Pippen stepped in with his comment. Referring to his previous tweet, he asked Saylor if he also received that “knowledge” of Bitcoin hitting $13 million also came in his dream from Satoshi Nakamoto.
Did Satoshi visit you in your dream too Michael? @saylor lol 🚀 #Bitcoin to $13 million
— Scottie Pippen (@ScottiePippen) September 9, 2024
Regarding Pippen, Satoshi reportedly foretold in a dream that Bitcoin would reach $84,650 on November 5 – potentially a record-breaking price for the leading cryptocurrency. It’s uncertain if basketball great Michael Jordan holds any Bitcoin, but MicroStrategy has amassed approximately $8.3 billion worth of BTC as of now. The “lol” in his tweet suggests a sarcastic expression of doubt or disbelief.
Bitcoin is now changing hands at $57,070 after printing a 4.5% surge.
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2024-09-10 13:30