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“The Window to Accumulate Bitcoin Is Rapidly Closing”: Samson Mow Warns
Samson Mow, a well-known crypto personality and the chief strategy officer at Blockstream, has recently shared his insights on the current state of the cryptocurrency market. In a tweet, he warned that the window to accumulate Bitcoin is rapidly closing.
Mow emphasized that once Bitcoin surpasses its all-time high price point, users will only be able to earn BTC, not buy it. This means that anyone who misses this opportunity may have to pay a premium in the future for their exposure to Bitcoin.
The tweet in question reads: “It will be late when your utility bill arrives and it’s denominated in sats.” Mow is referring to the situation where Satoshis (1 satoshi = 0.00000001 BTC) become the standard unit of currency, effectively making it impossible for new users to buy Bitcoin at its current price point.
This warning comes as a stark reminder that we are on the cusp of a major shift in the way we interact with and perceive cryptocurrency prices. It’s clear that Mow believes we are witnessing a significant turning point in the market, one that could have far-reaching implications for all participants.
Mow has made similar predictions before, stating that once Bitcoin hits its new ATH, users will only be able to earn BTC, not buy it. This warning serves as a call to action for anyone still hesitant about investing in Bitcoin at these levels.
As the market continues to evolve and mature, it’s essential for investors to stay informed and adaptable.
Source: u.today
