PakGazette: Samson Mow, a vocal supporter and CEO of JAN3, posted a tweet to attack critics who doubted BTC’s ability to skyrocket to $100,000 and surpass Saudi Arabia (TADAWUL:) by market capitalization size.
He posted a tweet with a “quote” that appears to be composed of multiple doubts publicly expressed by several Bitcoin critics when the world’s largest cryptocurrency was trading at $10,000. But Mow said he was an NPS analyst, without revealing the name.
Bitcoin Outperformed Saudi Aramco, Mow Reminds Us
Mow posted a tweet that he claimed was originally issued by “some random NPC analyst from the past.” The tweet shares the author’s doubts that Bitcoin could ever see a rise from $10,000 to $100,000. This, the BTC critic said, “would make it the seventh-largest asset by market cap, ahead of Saudi Aramco.”
“If you’re going to make price predictions, at least base them on reality,” he added. Overall, if this was indeed a quote from an analyst, it may be a Twitter conversation between him and Mow, but the latter did not share any details.
In a comment, Samson Mow posted a screenshot showing that Bitcoin is currently, in fact, the seventh largest asset in terms of market cap size, with Saudi Aramco oil refineries ranking in eighth place, right after BTC. Amazon (NASDAQ:), Alphabet (NASDAQ:) (Google’s parent company), Microsoft (NASDAQ:), and Apple (NASDAQ:) are ahead of Bitcoin on the list.
Bitcoin’s Skyrocket Wasn’t “hopium”
Earlier today, Mow posted a similar quote from an anonymous analyst from the much more distant past, when Bitcoin was trading at $100. The analyst predicted that Bitcoin would “go from $100 to $150 this year” (which was probably 2013).
That analyst claimed that reaching $1,000 for BTC would be “10x” (as in the tweet above) and that, according to the analyst, “it’s just not possible.” He assumed that the maximum possible price for Bitcoin would be $200, but not $1,000. Those who believed it would go much higher were “just smoking pure hopium,” he said.
At the time of writing, Bitcoin is changing hands at $102,221 after recording a 2.13% increase in the last 24 hours. Over the past week, BTC has risen over 12%, rising from $90,680 to the current $102,200 zone.
