Why Bitcoin Isn’t at $10M Yet: Samson Mow’s Take

Bitcoin maximalist Samson Mow drops truth bombs on why BTC hasn’t mooned to eight figures—yet. Spoiler: Wall Street’s still playing catch-up.

The Liquidity Mirage

Exchanges can’t handle the volume if BTC truly goes hyperbitcoinization. The pipes would burst before the price could settle.

The Institutional Slow Waltz

ETF approvals were just the first dance. Pension funds move like tectonic plates—if they ever fully allocate, that’s when the real fun starts.

The Psychological Ceiling

Retail traders still think in fiat terms. When ’one Bitcoin = one Bitcoin’ becomes the default mindset, the dollar price won’t matter. Until then? Enjoy the discount.

Funny how the same suits who called Bitcoin a scam in 2018 are now ’waiting for a healthy pullback’ to buy. Some things never change—except the price, eventually.

Why Bitcoin Is Not Worth $10 Million Yet

In a recent post on X (formerly Twitter), Mow stated, “If the world understood Bitcoin, we WOULD be at $10 million a coin now.” This comment reflects his belief that Bitcoin’s true value is heavily undervalued and underestimated. 

For Mow, BTC is more than just a coin to trade; it is a revolutionary asset that could shake up the foundations of the current financial system. With its capped supply, decentralized nature, and consistently growing value, many even believe that BTC has the potential to act as a global reserve currency. 

Yet despite growing adoption and visibility, Mow argues that most people in the world, including institutions, policymakers, and retailers, still do not fully comprehend bitcoin and its implications. According to the JAN3 CEO, this knowledge gap is what is holding Bitcoin back from achieving the massive price surge that he and many other long-term advocates anticipate. 

While the $10 million mark remains speculative for now, Mow’s remarks reflect a wider sentiment among Bitcoin enthusiasts who see the current price as just the beginning. For example, top Bitcoin supporters and investors like Michael J. Saylor, the founder of MicroStrategy, have shared similar views, predicting an explosive rise in Bitcoin’s value to $10 million by 2035. 

Likewise, Matt Hougan, Bitwise’s Chief Investment Officer (CIO), has voiced strong confidence in Bitcoin reaching the $1 million mark. He believes this milestone could realistically be achieved within the next five years. 

Demand For BTC Surges Among Institutions And The Wealthy

With the growing belief that the Bitcoin price will only continue to rise in the long term, social media reports indicate a significant surge in interest and demand among financial institutions and the wealthy. Notably, Saylor, one of the biggest advocates for Bitcoin, has long been accumulating the cryptocurrency in hundreds of thousands.

Donald Trump, the United States (US) President, has also been a public supporter of Bitcoin, with reports revealing that he is actively buying the flagship cryptocurrency. Even investing legend and hedge fund manager Hugh Henry disclosed earlier this month that he intends to sell his $35 million house to buy $10 million worth of Bitcoin.  

Binance CEO Richard Teng also announced that the wealthy are showing significant interest in the leading cryptocurrency. He revealed that sovereign funds and high-net-worth individuals are now purchasing BTC like never before. This growing accumulation by institutions and the rich signals strong confidence in BTC’s long-term value and sustainability.