On August 2, Bitcoin is pleasing the market, once again rising over the $10,000 mark. The head of the top crypto exchange Binance, CZ, says that those who sold their BTC at a lower price should take a lesson from that for the future and never make this mistake again.
However, similarly to Chinese philosophers of the past, he put it into a one short phrase: ‘Slap yourself if you sold Bitcoin under $10,000’.
Slap yourself,
— CZ Binance (@cz_binance) August 1, 2019
if you sold $BTC under $10,000.
In the comment thread, some community members began ‘slapping themselves’ for selling BNB under $10.
Educating @jchatterleyCNN’s audience of millions of people around the world on stock-to-flow ratios and why Bitcoin is poised to go much higher ? pic.twitter.com/Xbip4O7pSm
— Pomp ? (@APompliano) August 1, 2019Shiba Inu (SHIB) Price Might Erase Zero, XRP Now Offered by Vanguard, Peter Brandt Issues $250K Bitcoin Price Prediction – Top Weekly Crypto NewsCrypto Market Review: Shiba Inu (SHIB) Zero Removal Is Not Far Away, Ethereum (ETH) Selling Stops, XRP Bounce Chances SkyrocketMacron Sounds Alarm on U.S. Crypto DeregulationMorning Crypto Report: Is Shiba Inu (SHIB) a Coin to Hold in December? XRP Refuses to Lose $2 Amid Extreme Fear, Bitcoin Is Inch Away From Santa Rally: Bollinger Bands
I sold BNB under 10$ After that I regret my mistakes.
— Sandeep (@shulsur) August 2, 2019
Anthony Pompliano promises a higher BTC growth to a CNN host
Speaking with Julia Chatterley from CNN, the crypto expert and a co-founder of Morgan Creek Digital Anthony ‘Pomp’ has explained to the audience, why the Bitcoin price is bound to rise even higher than merely $10,000.
Educating @jchatterleyCNN’s audience of millions of people around the world on stock-to-flow ratios and why Bitcoin is poised to go much higher ? pic.twitter.com/Xbip4O7pSm
— Pomp ? (@APompliano) August 1, 2019
The crypto expert mentioned that the BTC price surge in the near future will on the one hand be caused by the numerous quantitative easing programs which are about to launch already, when more cash is going to be printed, in an attempt to improve the economic situation in the world’s developed countries.
The second factor he mentioned was the upcoming Bitcoin halving in 2020.
For the audience, Pomp explained that every four years the reward that Bitcoin miners receive for running the software vital for the chain’s work will get cut in half. This way, the amount of BTC let out into the market will reduce and the asset will become scarcer than before, which is bound to push its price higher.
Speaking of BTC halving, the halving of Litecoin is about to take place in three days too.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team