A discussion between notable figures in the crypto industry, Samson Mow and Charlie Lee, has attracted the attention of their followers as they shared their predictions regarding Bitcoin and Litecoin prices.
Samson Mow's Bitcoin Predictions
Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate, expressed his expectations for the next price surge of Bitcoin. In his tweet, he pointed out that the current historical price of Bitcoin at $112,000 is not interesting to him. Mow indicated that he finds the $500,000 mark more intriguing.
> "$0.112M isn’t interesting. You know what’s really interesting? $0.5M." — Samson Mow
Discussion with Charlie Lee
In the comments to Mow’s tweet, Charlie Lee, the creator of Litecoin, remarked: "$0.5k is interesting as well!" Mow responded, suggesting that Lee was implying Litecoin. This playful exchange intrigued followers since Mow, as a Bitcoin maximalist, does not even entertain the thought of Bitcoin crashing to $5,000.
Mow's Approach to Hyperbitcoinization
In another interview, Mow presented his theory that Bitcoin could reach $1 million. He believes this will not happen gradually, but rather through a "very short and violent upheaval" that may take place "in a matter of weeks to months." He also expressed the view that governments will start mining Bitcoin, which could lead to global hyperbitcoinization.
> "Fiat currencies do not fail gradually; they fail spectacularly. And this is the premise behind my $1 million Bitcoin call." — Samson Mow
The exchange between Mow and Lee highlights the variety of opinions among crypto industry experts regarding future prices for Bitcoin and Litecoin. Expectations for the price increase of Bitcoin and the development of the crypto market remain high, generating interest among investors.
