Michael Saylor Declares Bitcoin as the Winner of 2023
Date: 2024-01-02 Author: Dima Zakharov Categories: BUSINESS
Bitcoin Triumphs in 2023
MicroStrategy's founder, Michael Saylor, has made a bold statement by declaring Bitcoin as the standout winner of 2023. He accompanied his proclamation with a tweet that compared the digital gold's growth to various other assets, illustrating Bitcoin's supremacy.
Bitcoin Outperforms Traditional Indices
Saylor compared Bitcoin's performance to traditional stock indices like Nasdaq and S&P 500, as well as precious metals like gold and silver. In this race, Bitcoin emerged as the unquestionable victor, showcasing its dominance in the financial world.
CoinGecko's Take on 2023
CoinGecko recently published a list of the top-performing digital assets in the top 100 by market capitalization for 2023. Surprisingly, 92% of these assets experienced growth, with the leading contender being Bonk, boasting an astonishing 7302.9% increase.
Saylor's Bitcoin Supporters
On December 30, Saylor shared an image featuring an "army" of Bitcoin supporters with the cryptocurrency's logo on their flags, symbolizing unity among Bitcoin enthusiasts. He captioned the image with a simple message: "Forward Together."
Saylor's Belief in Bitcoin's Future
Saylor's confidence in Bitcoin's future was evident when he referred to it as the "future" on December 28 and shared an image of an eye with the Bitcoin logo inside. These tweets reflect his unwavering faith in the potential of the world's first cryptocurrency.
2024 Price Predictions
On December 26, Michael Saylor conducted a poll among his followers regarding their price predictions for Bitcoin in 2024. The poll received 75,546 responses, with the following breakdown:
- $50,000: 15.8%
- $100,000: 34.9%
- $150,000: 21.4%
- Above $200,000: 27.9%
ETF Launch Speculation
In December, Saylor suggested that the launch of a spot Bitcoin ETF could be the "biggest event on Wall Street in the last 30 years." He believes that this new instrument would trigger a "demand shock" for Bitcoin, followed by a "supply shock" resulting from the halving.
Saylor's bold predictions for Bitcoin's future range from a potential collapse to zero or a meteoric rise to $1 million. According to him, achieving the latter would require institutional legitimacy to be firmly established.
