Samson Mow, an early Bitcoin supporter, former CSO of Blockstream (where he worked with cypherpunk Adam Back, who many believe is Satoshi Nakamoto), and now CEO of Jan3, has been actively tweeting about Bitcoin recently.
Samson Mow, an early Bitcoin supporter, former CSO of Blockstream (where he worked with cypherpunk Adam Back, who many believe is Satoshi Nakamoto), and now CEO of Jan3, has been actively tweeting about Bitcoin recently.
He actively posted bullish Bitcoin tweets before the Securities and Exchange Commission and its chairman Garry Gensler finally approved eleven applications to launch Bitcoin spot ETFs and continued after that, often emphasizing the importance of this important approval for the Bitcoin industry.
Mow has been tweeting often about the Bitcoin price surge he expects after the launch of Bitcoin-based exchange-traded funds and even expects BTC to reach a staggering $1 million one day. Today, one of his tweets hinted that Mow expects the price of Bitcoin to go parabolic soon.
Mow’s Bitcoin Statement on ETFs
Mow tweeted a meme, accompanying it with text to once again draw public attention to how quickly Bitcoin ETF issuing companies have been accumulating Bitcoin after launching their new products.
The meme also says: “There is no way ETFs can continue accumulating at this rate without the price going parabolic.”
Generally, when Mow talks about a rapid rise in the price of Bitcoin, including its beloved all-time high of $1 million, he doesn’t mean it literally, as he once explained on Twitter. All he means by this is that the fundamentals of the Bitcoin market have radically improved. He provided that explanation after many started asking him on Twitter how come Bitcoin ETFs are already trading but Bitcoin hasn’t hit $1 million yet.
A new era begins for Bitcoin: Gabor Gurbacs
Another leading Bitcoin evangelist, Gabor Gurbacs of BTC ETF issuer VanEck, stated today that he believes a new era for Bitcoin has begun, as well as a new level of Bitcoin “maturity.”
Now that the SEC has relented to give approval, Bitcoin will not be harmed by cryptocurrency giants like FTX and LUNA collapsing and selling their assets, nor will it be harmed by “asset selling” as it is. doing Grayscale now. This is because issuers and spot ETF corporations have begun acquiring twice as much Bitcoin as miners produce in a day and Bitcoin is simply moving from “weak hands” to “strong hands” in the market.
