This week celebrated the 13th anniversary of the Bitcoin whitepaper. In Bitcoin and Ethereum, it is busy staying above $60,000 and $4,300. On the other hand, the end of the year is approaching and besides the 6-digit Bitcoin price predictions, we can close November above $98,000 according to PlanB’s Stock to Flow model. So what did crypto money phenomena talk about this week? We take a look at key statements from Binance CEO to billionaires…
Justin Sun is on BitTorrentChain this week
TRON founder Justin Sun is hovering over BitTorentChain this week. While often highlighting the scalability and interoperability of Blockchain in his tweets, he also announced that new things are being tried on the Tron network. On the other hand, Sun shares that 8 million coins were burned from the TRON supply.
Michael Saylor: The money of the future is Bitcoin over lightning
Michael Saylor, co-founder of MicroStrategy, touched on the cryptocurrency market in multiple tweets this week. He met with his followers in a live broadcast on November 1, when we celebrated the 13th anniversary of the Bitcoin whitepaper. Another important tweet of Saylor was about Bitcoin. Saylor emphasized that the network is open to development, writing that “the money of the future is Bitcoin over lightning”. MicroStrategy CEO also made the definition of “ideal treasure reserve” for Bitcoin. “The next big thing is Bitcoin,” he said in yet another tweet.
Erik Voorhees makes a cryptocurrency/dollar comparison
Erik Voorhees, founder of open-source cryptocurrency platform ShapeShift.com, said that for Bitcoin and Ethereum, “I see two good collaborative things before me that are changing my financial system.” In another tweet, Voorhees also said that Bitcoin is bigger than Ethereum. He also compared the US dollar to Bitcoin:
The US dollar is down another 90% since this tweet. US dollar drops to 1/5000 of a Bitcoin
Changpeng Zhao (CZ)
CZ addressed crypto investors this week. In a tweet he sent, he recommended focusing on the long term. Binance CEO also describes the DOGE/SHIB pair as “great”. On the other hand, referring to the stock market’s withdrawal problems, CZ gave the message that “we are working on it, your funds are safe”. Finally, after bringing fan tokens to the fore in the past few weeks, he’s been getting more and more involved in the metaverse lately. CZ recommends focusing on the long term, saying it will take time to build:
WiFi/Internet still not working well at times. It’s only been 30+ years. It takes time to build. Focus on the long term.
Pompliano touches on the cryptocurrency revolution
cryptocoin.com Pompliano is at the bottom of the list that we have quoted. The successful investor emphasized long-term investment and patience in multiple tweets this week. In addition, he shared his thoughts on adapting Bitcoin’s financial system to the internet age. Pompliano argues that many economists hate Bitcoin, because the new system will disable them. Like Saylor, Pomp was among those celebrating the 13th anniversary of the Bitcoin whitepaper.
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