2024

Satoshi Nakamoto

Bitcoin

Adam Back

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<p lang="en-GB"><a href="https://u.today/crucial-bitcoin-btc-buy-warning-issued-by-samson-mow">Samson Mow</a>, renowned Bitcoin maximalist and JAN3 chief executive officer, has addressed his army of followers to remind them that after the Bitcoin crash in the last 24 hours, there is now a "Black Friday sale" for BTC.</p>
<h2 id="bitcoin-black-friday-sale">"Bitcoin Black Friday sale"</h2>
<p lang="en-GB">The world’s largest cryptocurrency has plunged by 5.83%, losing the recently gained $98,650 level and landing in the $92,890 zone. Consecutive red candles on the hourly chart were mixed with occasional green candles as Bitcoin made several attempts to recover.</p>
<p lang="en-GB">As of this writing, Bitcoin is changing hands at $92,666. Since last Friday, when Bitcoin reached a new all-time high, stopping <a href="https://u.today/bitcoin-will-not-stop-at-100000-trading-legend-peter-brandt-hints">inches away from the $100,000 level</a>, BTC has lost roughly 7.14% by now.</p>
<p lang="en-GB">Black Friday starts this week, on Nov. 29. Therefore, Mow addressed his followers on the X platform with his “Bitcoin Black Friday” message.</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">Enjoy the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> Black Friday sale!</p>— Samson Mow (@Excellion) <a href="https://twitter.com/Excellion/status/1861179736283848955?ref_src=twsrc%5Etfw">November 25, 2024</a>
</blockquote> 
<h2 id="kiyosaki-bets-on-500-000-per-btc-but-blockstream-ceo-seems-to-disagree">Kiyosaki bets on $500,000 per BTC, but Blockstream CEO seems to disagree</h2>
<p lang="en-GB">On Nov. 25, investor and entrepreneur Robert Kiyosaki, also known for his authorship of the popular “Rich Dad Poor Dad” book, issued a tweet with a bold prediction that next year Bitcoin is likely to reach $500,000. He made his prediction based on AI data he cited.</p>
<p lang="en-GB">In the comments thread, X user @mrduste23 tagged the Blockstream CEO and cypherpunk Adam Back, saying that according to Back, Bitcoin is likely to reach a seven-digit price should the U.S. indeed add BTC as a reserve asset.</p>
<p lang="en-GB">The renowned cypherpunk, who was mentioned by Satoshi Nakamoto in the Bitcoin white paper, joined the discussion. He said that he was skeptical about that statement; otherwise, he said, Bitcoin is “very mispriced now.”</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">agree. my comment, which i think was a bit misread by some was that the market also doesn't think it's going to happen or bitcoin would already be quite a bit higher.</p>— Adam Back (@adam3us) <a href="https://twitter.com/adam3us/status/1860939700086702399?ref_src=twsrc%5Etfw">November 25, 2024</a>
</blockquote> 
<p lang="en-GB">Back added that he believes the “market also doesn’t think it’s going to happen.” Otherwise, according to the renowned Bitcoiner, “Bitcoin would already be a bit higher” than where it is trading at the moment.</p>
<h2 id="bitcoin-whales-go-on-buying-spree">Bitcoin whales go on buying spree</h2>
<p lang="en-GB">According to a <a href="https://x.com/santimentfeed/status/1861152412863795352">report published</a> by the Santiment on-chain data company. Santiment highlighted Bitcoin’s drawdown, printed as this week started. The report revealed that, this month, at least 10 Bitcoin whales have accumulated a staggering $6.06 billion worth of Bitcoin — 63,922 coins.</p>
<p lang="en-GB">As long as they continue adding to their Bitcoin batches, Santiment said, “a bullish argument remains strong, and any fall may be short lived.”</p> <a href="https://u.today/bitcoin-black-friday-sale-kicks-off-per-samson-mow-as-btc-falls-overnight">Read original article on U.Today</a>

'Bitcoin Black Friday Sale' Kicks off, Per Samson Mow, As BTC Falls Overnight

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