‘Bitcoin President’ Bukele Expects a “Gigantic Price Increase” for BTC
The world’s one and only ‘Bitcoin President’ Nayib Bukele took to Twitter on Monday with yet another bullish Bitcoin (BTC) prediction.
Shortly after, the International Monetary Fund (IMF) had urged El Salvador to disable Bitcoin as legal tender in the country, Bukele told his followers on social media that Bitcoin is bound for a massive price increase. This due its limited supply of just 21 million coins.
There are more than 50 million millionaires in the world.
Imagine when each one of them decides they should own at least ONE #Bitcoin
But there will ever be only 21 million #Bitcoin
No enough for even half of them.
A gigantic price increase is just a matter of time.
— Nayib Bukele
(@nayibbukele) January 31, 2022
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Just prior to that he mocked the IMF by sharing an animated GIF from popular tv-series The Simpsons.
https://t.co/s1F5kwOBEn pic.twitter.com/LD0I2dBHha
— Nayib Bukele
(@nayibbukele) January 26, 2022
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El Salvador has become a regular “dip-buyer” with its latest purchase of 410BTC bringing the country’s total holdings to more than 1500BT.
According to Bukele, when the price of BTC is down, it’s the best time to stock up on the scarce crypto asset. He recently tweeted:
Most people go in when the price is up, but the safest and most profitable moment to buy is when the price is down. It’s not rocket science
So invest a piece of your McDonald’s paycheck in #Bitcoin
Now go back to flip more burgers you lazy fvçk!
— Nayib Bukele
(@nayibbukele) January 24, 2022
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It is possible that Bukele holds a crystal ball, as he often resides to predictions. One of this predictions is that in 2022, at least two more countries will be making Bitcoin legal tender.
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Source: igaming
