“It’s a very exciting time if you’re paying attention to the technical part of Bitcoin, so pay attention, everyone.” Samson Mow of JAN3com with Cointelegraph reporter JoeNakamoto at Bitcoin Prague 2023.
, driving crypto market capitalization down to its lowest level in over two months.
At the BTC Prague 2023 conference, Jan3 CEO Samson Mow spoke with Cointelegraph about how he sees the current state of the Bitcoin market and why he’s bullish for the near and long-term future.In terms of price, Mow said that anything under $30,000 is “massively undervalued” and bound to make a rebound sometime soon. The last time BTC hit that price point was in April 2023, for the first time in 10 months.“I’m bullish because everyone needs Bitcoin.
“The banking system is failing. The legacy financial system is failing. Money is not money anymore and stopped being money some time ago, payments can be frozen. Nothing works. Only Bitcoin works.”Related:In terms of the technology behind Bitcoin, Mow said, “there’s no more exciting time than now.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC Prague 2023: ‘Anyone can produce value in the Bitcoin ecosystem’The importance of community in the crypto space has been a major component of industry resilience and von Lare says with Bitcoin in particular every individual has value.
Read more »
Ethereum, Bitcoin communities descend on Prague as U.S. crackdown grips crypto marketAs pressure builds for Binance and Coinbase following historic SEC lawsuits, KenzieSigalos visited Prague this weekend where two major industry conferences were underway.
Read more »
Security Agency Detains Nigeria's Suspended Anti-Bitcoin Central Bank Governor – Africa Bitcoin NewsThe suspension is expected to pave the way for further investigations into Godwin Emefiele's conduct throughout his tenure as head of the Central Bank of Nigeria (CBN). cenbank forex
Read more »
$350 Million in Crypto Liquidated Amid Worst Correction of This YearIt seems the cryptocurrency market was not expecting such a dramatic reaction of institutional investors after the release of the SEC's lawsuit against Coinbase and Binance
Read more »
Still Transformers & GI Joe in the Daily LITG 11th of June 2023Yesterday, the site was still dominated by the news that Transformers and GI Joe were coming to Image Comics and Skybound,
Read more »
Vegetables and herbs to grow at home 2023Growing your own herbs and vegetables often yields far tastier produce than you could find in a grocery store. Try these tips for successful gardening at home.
Read more »