His tweet also intrigued the community because it had an image of Homer Simpson, who is “bullish on Bitcoin.”
Michael Saylor issued his tweet while Bitcoin continues trading in the $64,200 zone after dropping there from the $65,800 level in a 3.53% decline.
Prior to that, the world’s flagship digital currency demonstrated an amazing price increase of close to 16% between July 12 and July 17 as it surged from $56,880 to the $65,910 zone.
With slightly more than 460 people who participated in that survey, 260 Redditors do not to plan to sell any of their Bitcoin. Sixty-eight people plan to send 1%-25% to exchanges for selling. Eighty-eight investors will dispose of 100% of their BTC recovered from Mt. Gox.
Bitcoin maximalist and CEO of Jan3 Samson Mow believes that no more than 20% of the $6 billion in Bitcoin sent by Mt. Gox for compensation is going to hit the market. The rest, he believes, will be locked in cold wallets for long-term storage.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com