Bitcoin‘s on sale, y’all! Or so says Adam Back, the crypto guru who got a shoutout in Satoshi Nakamoto’s legendary whitepaper. πβ¨
Back’s got a point, though. Four years back, Bitcoin hit $69K, and that was before the big guns like BlackRock ETFs and Uncle Sam’s strategic BTC stash came into play. Now, with Bitcoin at a mere $89K (just 28% above 2021’s high), it’s practically a garage sale! ποΈπ°
Bitcoin is cheap now.
β Adam Back (@adam3us) March 7, 2025
Satoshi’s wingman ain’t sweating it. In fact, he thinks Bitcoin’s a steal. And he’s got company. Max Keiser, the crypto cheerleader extraordinaire, reckons Bitcoin’s about to skyrocket any minute nowβin the next few hours, or maybe this month. ππ₯
Then there’s Samson Mow, the BTC bull who thinks anything under a cool million is pocket change. π€π°
When Bitcoin won’t be cheap for Back? Who knows, but for now, it’s a bargain hunter’s paradise. Politics and external factors are in the mix, making things interesting. π’π
Is it really cheap, though?
That’s a loaded question, my friend. Bitcoin maximalists don’t see dips; they see “discounts.” Volatility? Pfft, they call it opportunity. And hey, they might be onto something, given Bitcoin’s been on an upward trajectory since day one in 2009. ππ
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2025-03-07 17:02