As a seasoned investor with a keen eye for potential, I find myself intrigued by Scottie Pippen’s bullish stance on Bitcoin. Having navigated the complexities of traditional financial markets and sports industries alike, I appreciate his insightful investment strategies. The fact that he references Satoshi Nakamoto in his tweets adds an air of credibility to his bullish outlook on Bitcoin.
As a passionate crypto investor, I recently found myself echoing the sentiments of Scottie Pippen, the legendary basketball player, who shared his optimistic outlook on Bitcoin with his 670,400 followers on the X social media platform (often referred to as Twitter in the past). In my own words, I’d say:
He mentioned the mysterious BTC creator, Satoshi Nakamoto, in it. Many large Bitcoin fans responded to him in the comments.
Pippen’s bullish Bitcoin tweet
The former NBA player’s statement consisted of a simple, one-line tweet, saying “Bullish on Bitcoin.” He also added a hashtag #BeLikeSatoshi. He has previously also mentioned the enigmatic BTC creator in his tweets.
Bullish on BITCOIN. #BeLikeSatoshi
— Scottie Pippen (@ScottiePippen) September 11, 2024
In a positive reply, the verified account of the U.S.-based Kraken exchange, known as X account, expressed optimism: “Aren’t bulls always bulls, Scottie?” Likewise, other Bitcoin enthusiasts, though with less influential accounts, echoed this bullish sentiment in response.
Some even began to ask Pippen’s take on trendy altcoins, such as NEIRO.
Pippen weighs in on Michael Saylor’s $13 million Bitcoin prediction
This past week, Michael Saylor, a long-time Bitcoin optimist and one of the co-creators of MicroStrategy (a major Bitcoin holder corporation), appeared on CNBC’s Squawk Box program for a conversation about Bitcoin, where he engaged in discussions about various Bitcoin-related topics with the show’s hosts.
Specifically, Saylor pointed out that MicroStrategy is exceeding all other companies in the S&P 500 index at this time, primarily due to its Bitcoin strategy involving the issuance of convertible notes and their sale to investors for the purpose of purchasing additional Bitcoin.
Through this method, Saylor highlights that investors can acquire Bitcoin without having to handle it directly, thus bypassing all the challenges related to storing digital currency as if it were gold. Moreover, these investors will also earn a modest return on their convertible notes.
According to Saylor’s long-term Bitcoin price forecast, it’s predicted that one Bitcoin could reach an astonishing $13 million in value within the next 21 years. This prediction is based on the assumption that by then, Bitcoin will have captured approximately 7% of the total money supply globally, a significant increase from its current market share of only 0.1%.
Next, Pippen chimed in on Saylor’s tweet, questioning whether he had encountered Satoshi Nakamoto in a dream and obtained the pricing information directly from him.
The concept of a “Satoshi-dream” emerged following a tweet from Scottie Pippen, where he shared that Bitcoin’s creator supposedly appeared in his dream and forecasted that on November 5, the top cryptocurrency would surge to reach approximately $84,650.
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2024-09-12 10:16