# A Colleague of Satoshi Nakamoto Claims Procuring Bitcoin Presently Is a Good Deal
A supporter of the Bitcoin technical documentation implies that even at $89,000, Bitcoin is a great opportunity.
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Adam Back, commenting on the current price changes of the foremost cryptocurrency, expressed that Bitcoin is presently inexpensive, or at least comparatively so.
Back particularly indicated that four years prior, the cryptocurrency achieved a high of $69,000. At that moment, monetary titans like BlackRock weren’t running exchange-traded funds (ETFs) or establishing Bitcoin as a calculated reserve in the United States.
The latter has happened in just the last 24 hours. Nevertheless, Bitcoin is presently trading at only $89,000, just 28% greater than its 2021 peak.
If you can trust it, this colleague of Satoshi Nakamoto isn’t concerned, deeming Bitcoin inexpensive right now. Back isn’t isolated in this feeling. For example, another well-known crypto advocate, Max Keiser, trusts Bitcoin will soon undergo a substantial reassessment – possibly even within hours.
Another outspoken Bitcoin advocate, Samson Mow, has made even bolder forecasts, implying that Bitcoin is inexpensive below $1 million.
Back didn’t indicate when Bitcoin would become costly, but for now, he regards it a bargain.
Outside forces, most notably those of a political nature, are influencing events, perhaps to a greater degree than in the past.
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Bitcoin’s unwavering advocates remain unconcerned by the slump, referring to it as a “discount.” They perceive potential rather than instability. From an unbiased standpoint, this viewpoint has Toncoin (TON) Value Forecast for March 26th when considering the cryptocurrency’s general upward direction since its creation in 2009.
Therefore, is it a worthwhile venture?
The answer varies depending on the individual you consult.
