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Six-time NBA champion Scottie Pippen is again hogging the headlines, this time for being very bullish on Bitcoin. On Wednesday, the Chicago Bulls star Pippen took to his more-than-674,400 X (previously Twitter) followers and said: “Bullish on Bitcoin” with the hashtag #BeLikeSatoshi.
Since then, this has become a hot topic of discussion among his supporters within the cryptocurrency sphere.
What is even more interesting in Pippen’s statements are the fact that he related them to Satoshi Nakamoto, the pseudonymous founder of Bitcoin.
In the earlier tweet, Pippen seemed to have claimed that in one dream, Satoshi projected the price of Bitcoin would touch $84,650 on November 5, 2024.
This has been received with mixed reactions by fans on the network, as some are excited with the prospect while others have doubted whether such prognosis – based on a dream – will come true.
Many people in the community agreed with Pippen, especially since Bitcoin’s price is now hovering around $57,070 after a recent 4.5% rise. After two months, the idea that Bitcoin’s price will drop at this point is being looked at more closely to see what could cause it to go up.
Some analysts believe that factors like US Federal Reserve’s planned interest rate cuts could still lead to rising Bitcoin prices.
However, most of the reactions regarding Pippen’s tweet were in support. Crypto exchange Kraken’s official account even posted a light-hearted remark: “Bulls will always be bulls, right Scottie?”
A response like this from more prominent platforms makes Pippen’s bull stance even more worth it. Users on X began to ask him his thoughts about different altcoins and proved that indeed his influence went way beyond just Bitcoin.
This excitement was further hyped when Pippen made a teasing remark at fellow Bitcoin bull Michael Saylor. Recently, Saylor appeared in an interview with CNBC, wherein he went as far as to predict that Bitcoin could swell to $13 million per coin within the next 21 years.
Pippen responded to this lofty prediction from Saylor by playfully asking whether the latter was told that by Satoshi in a dream. That light exchange showed how public figures are increasingly playing along with the cryptocurrency narrative–a mix of humor and serious investment discussions.
The Bigger Picture
Celebrities are becoming increasingly interested in cryptocurrencies like Pippen. As more celebrities promote Bitcoin, their followers also become interested in digital currencies. The potential for Bitcoin to become a mainstream asset is growing, especially with the upcoming US presidential elections, where candidates like Donald Trump have shown a pro-crypto stance.
Featured image from Complex, chart from TradingView
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Since then, this has become a hot topic of discussion among his supporters within the cryptocurrency sphere.
Pippen’s Bitcoin Dream And Price Predictions
What is even more interesting in Pippen’s statements are the fact that he related them to Satoshi Nakamoto, the pseudonymous founder of Bitcoin.
In the earlier tweet, Pippen seemed to have claimed that in one dream, Satoshi projected the price of Bitcoin would touch $84,650 on November 5, 2024.
This has been received with mixed reactions by fans on the network, as some are excited with the prospect while others have doubted whether such prognosis – based on a dream – will come true.
Many people in the community agreed with Pippen, especially since Bitcoin’s price is now hovering around $57,070 after a recent 4.5% rise. After two months, the idea that Bitcoin’s price will drop at this point is being looked at more closely to see what could cause it to go up.
Some analysts believe that factors like US Federal Reserve’s planned interest rate cuts could still lead to rising Bitcoin prices.
Crypto Community’s Reaction
However, most of the reactions regarding Pippen’s tweet were in support. Crypto exchange Kraken’s official account even posted a light-hearted remark: “Bulls will always be bulls, right Scottie?”
A response like this from more prominent platforms makes Pippen’s bull stance even more worth it. Users on X began to ask him his thoughts about different altcoins and proved that indeed his influence went way beyond just Bitcoin.
This excitement was further hyped when Pippen made a teasing remark at fellow Bitcoin bull Michael Saylor. Recently, Saylor appeared in an interview with CNBC, wherein he went as far as to predict that Bitcoin could swell to $13 million per coin within the next 21 years.
Pippen responded to this lofty prediction from Saylor by playfully asking whether the latter was told that by Satoshi in a dream. That light exchange showed how public figures are increasingly playing along with the cryptocurrency narrative–a mix of humor and serious investment discussions.
The Bigger Picture
Celebrities are becoming increasingly interested in cryptocurrencies like Pippen. As more celebrities promote Bitcoin, their followers also become interested in digital currencies. The potential for Bitcoin to become a mainstream asset is growing, especially with the upcoming US presidential elections, where candidates like Donald Trump have shown a pro-crypto stance.
Featured image from Complex, chart from TradingView
Continue reading...