- JAN3 CEO Samson Mow characterizes Bitcoin as a fiat replacement, not a trading asset.
- Mow lists seven infinite bid scenarios that counter trader bear-market concerns.
- Peter Brandt predicts a $58-62K range, admitting 50% accuracy rate on predictions.
JAN3 CEO Samson Mow has argued that traders fundamentally misunderstand Bitcoin’s purpose by treating it as a speculative asset. Mow stated on X that “The problem is traders will always think like a trader. Bitcoin is a replacement for fiat currencies, not a trade.” His comments arrived as analyst Peter Brandt posted technical predictions for downside price action.
Brandt predicted Bitcoin could decline to the $58,000-$62,000 range based on chart patterns. The analyst acknowledged being wrong approximately 50% of the time, stating, “I am wrong 50% of the time. It does not bother me to be wrong.” When questioned about his historical accuracy, Brandt clarified that the last 14 years improved his win rate above 50% but characterized win rates as “very unimportant. Useless really.”
Mow Counters Trading Mindset With an Infinite Bid Framework
Mow’s response to trading-focused Bitcoin analysis presents an alternative framework based on structural demand rather than technical patterns. He listed seven factors creating what he terms “infinite bid” for Bitcoin: Big Print (money printing), Strategic Bitcoin Reserve, nation-state accumulation, Bitcoin Bonds, Bitcoiners stacking, fiat currency collapse, and passive ETF flows.
“Every single factor pushing for Bitcoin to displace the legacy system is only increasing at an accelerating rate. Plan accordingly,” Mow stated. The framework positions Bitcoin adoption as an inevitability driven by macroeconomic forces rather than cyclical price action susceptible to technical analysis.
Community Responds to the Bitcoin Debate
A user named Aows MSTR BTC responded to the discussion, stating they held through the previous bear market but felt exhausted by the prospect of another downturn. “I hate to be that guy, Samson. But I held through the last bear market, and I’m feeling sick to about the thought of riding another bear market down. I’ve never considered selling before.. I still can’t believe I’m saying this. I don’t even know how to sell…” the user posted.
Mow replied directly with the infinite bid list, followed by “Stay the course.” The exchange illustrates tension between short-term price volatility concerns and long-term accumulation strategies. Mow also stated that critics “don’t understand quantum computing either,” suggesting technical objections lack foundation.
Related: Bitcoin Falls While Gold Surges Amid Rising Yields and Market Volatility
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