PlanB is a popular crypto analyst and his predictions have managed to trigger massive enthusiasm and excitement in the crypto space so far.
He’s been famous for the one claiming that BTC will soon reach $100k. At the moment of writing this article, BTC is trading in the red and the king coin is priced at $45,333.27.
Check out the latest tweet that he shared on social media.
— PlanB (@100trillionUSD) August 17, 2021
“BTC is up 4x since a year ago, investors are in profit. 90% of traders are always in loss in any market because they trade too much and are killed by cost, or they have no system and are killed by emotions, or they are killed by hedge fund trading desks. Odds are against trading,” PlanB noted.
Bitcoin is more secure than Visa
Michael Saylor, MicroStrategy’s CEO, has been supporting Bitcoin for a really long time now.
He’s been buying Bitcoin like there’s no tomorrow, despite the market volatility.
Now, he’s boosting Bitcoin again, comparing it to Visa. Check out his tweet below.
With Lightning, #Bitcoin is more secure than Visa, can do more transactions than Visa, is more inclusive than Visa, and is far more energy efficient than Visa.#Bitcoin for the 7.8 billion.https://t.co/zo9cWldmBW
— Documenting Bitcoin 📄 (@DocumentingBTC) August 16, 2021
The official article notes the following: the lightning network is driving the current burst of mainstream adoption in bitcoin.
They continue and explain how it’s speeding up transaction times and cutting fees.
The same article posted by Business Insider notes that since early 2018, “the lightning network – a layer on top of the bitcoin network,” has been speeding up transactions and bringing forward the day when anyone can make a payment in BTC easily and cheaply.