Bitcoin(BTC)news

Michael Saylor Engages with NBA Legend Scottie Pippen on Bitcoin and Satoshi Nakamoto

Michael Saylor, co-founder of MicroStrategy and a prominent Bitcoin enthusiast, took to X (formerly known as Twitter) to engage in a conversation with former NBA star Scottie Pippen. Pippen recently began tweeting about cryptocurrencies, mentioning Satoshi Nakamoto.

Saylor Responds to Pippen on Bitcoin and Satoshi

Scottie Pippen posted a somewhat self-promotional and partially sarcastic tweet to the rapidly growing crypto community, stating: “There was Satoshi Nakamoto and then there’s Scottie Pippen.” The Bitcoin community had mixed reactions to this. Trader Bob Lucas commented, “Who’s that 18-year-old kid feeding you this nonsense?” Kraken’s official account responded with, “Bold strategy, Cotton. Let’s see how it plays out.” Michael Saylor also chimed in, urging Pippen to buy Bitcoin in the name of Satoshi: “Satoshi would tell you to buy #Bitcoin, Scottie.”

Criticism from X Users

Average X users heavily criticized the former basketball star for comparing himself to Satoshi Nakamoto. On July 24th, Pippen posted a provocative tweet: “Bitcoin or Ethereum?” followed by a promise to reveal a “game-changing decentralized project” within 24 hours.

Bullish News Expected for Bitcoin

As reported earlier, Samson Mow tweeted today that he anticipates extremely bullish news for Bitcoin in the coming days. He advised the global Bitcoin community to forget about the possibility of Bitcoin’s price dropping below $70,000 again. Mow calculates Bitcoin’s price in millions, hence he wrote “0.07 million dollars” instead of $70,000.

Read more Survey Reveals Mt. Gox Bitcoin Recipients Unlikely to Sell Immediately**

Despite this, Bitcoin is still trading well below “0.07 million dollars”—approximately $64,000. Over the past 24 hours, Bitcoin has dropped by about 4%, falling from $66,740. Bitcoin continues to decline, while the former major crypto exchange Mt. Gox is transferring significant amounts of Bitcoin to repay creditors. Today, 48,000 Bitcoins, valued at over $3.1 billion, were moved, marking another major transaction by Mt. Gox.

Important Notice: The content presented in this article is intended for informational purposes only and should not be interpreted as financial advice. Coinshibainu.com bears no responsibility for any investment decisions made relying on the information contained herein. It is highly recommended to consult with a qualified expert or financial advisor before making any investment decisions.

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