💥 Bitcoin to $0? Adam Back Says: “Over My Dead Limit Order!” 🚨
Bitcoin legend and Blockstream CEO Adam Back — famously mentioned in the Bitcoin whitepaper — has made it clear:
> “If BTC crashes to $0.02, I’ll buy every last sat. All 21 million.”
🔻 Back placed a limit order on Bitfinex to scoop up ALL BTC at $0.02 — outbidding Alistair Milne’s prior order at $0.01.
🧠 Back’s reasoning? “If Bitcoin's not going to zero... it's going to $1 million.”
📉 This was in response to Bitcoin permeable Michael Saylor, who tweeted:
> “If it’s not going to zero, it’s going to a million.”
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⚠️ But Here's the Twist...
Adam Back revealed he cancelled the order later due to FOMO and used the funds to buy BTC outright during 2020.
> “It was real for a while. But I caved and bought BTC instead.”
So while the bid was real, it’s no longer live.
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🧊 Reality Check: You Can't Buy All 21M BTC
Even if BTC did crash to pennies, here’s why that “buy it all” idea is just theoretical:
🔒 2M BTC still unmined
🪙 Most of the 19M mined BTC are:
In cold storage
Held by Spot ETFs
Owned by public companies like MicroStrategy (582,000 BTC = $61B+)
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📈 Meanwhile… BTC Recovers After Friday Dip
After a sharp drop to ~$103K (-4.3%), Bitcoin quickly rebounded above $105K (+2.35%).
And bullish sentiment is only growing...
📢 Saylor believes when institutional giants step in, “no sellers will be left.”
That’s already underway thanks to:
BlackRock
Fidelity
Grayscale
Bitwise
MicroStrategy
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🔮 Bottom Line:
> If Bitcoin isn’t dead… it’s destined for the moon 🌕
$0.02 dream? Cute.
$1 million? That’s the mission.
#CryptoNews #HODL #SatoshiMentionedHim #MichaelSaylor #BTCTo1Million