TLDR Billy Markus criticized Michael Saylor’s praise for Bitcoin’s market volatility. Markus referred to Bitcoin’s market turbulence as a “shitty annoying marketTLDR Billy Markus criticized Michael Saylor’s praise for Bitcoin’s market volatility. Markus referred to Bitcoin’s market turbulence as a “shitty annoying market

Billy Markus Slams Saylor’s View on Bitcoin’s Market Volatility Blessing

3 min read

TLDR

  • Billy Markus criticized Michael Saylor’s praise for Bitcoin’s market volatility.
  • Markus referred to Bitcoin’s market turbulence as a “shitty annoying market.”
  • Michael Saylor continues to buy Bitcoin despite recent market crashes.
  • Strategy’s recent Bitcoin purchase added 855 BTC during the market downturn.
  • Markus has long been skeptical about the crypto market and trading culture.

Billy Markus, the co-creator of Dogecoin, recently responded to a statement by Michael Saylor, the executive chairman of Strategy. Saylor had praised the recent volatility in Bitcoin, calling it “Satoshi’s gift to the faithful,” a sentiment Markus disagreed with. Markus took to social media to express his frustration with the idea that market volatility is a blessing, criticizing the notion in his usual sarcastic style.

Saylor’s Praise for Bitcoin Volatility

On February 3, Michael Saylor shared his thoughts on the current cryptocurrency market. The Bitcoin evangelist, known for his unwavering belief in Bitcoin, referred to its market volatility as a “blessing.” He argued that this volatility is a gift from Bitcoin’s creator, Satoshi Nakamoto, for those who continue to believe in the asset.

The market had experienced significant drops, with Bitcoin’s value falling by more than 18% from January 28 to February 3. The coin reached an intra-day low of $73,000, but it has since seen some recovery, hovering around $76,000. Despite this drop, Saylor’s perspective highlights his optimism about Bitcoin’s long-term potential and its ability to withstand such turbulence.

Billy Markus’ Sarcastic Response

Billy Markus, who shares a pseudonym that echoes Satoshi Nakamoto, disagreed strongly with Saylor’s comments. In a tweet, Markus mocked the idea that Bitcoin’s volatility was a positive force, stating: “Satoshi is rewarding believers with a shitty annoying market. This is a good post.”

Markus has long been a skeptic of cryptocurrency investments and the trading culture. He has often shared his critical views on the nature of crypto markets, comparing trading to a form of mental illness. This latest tweet, however, aligns with his consistent pessimism about the future of Bitcoin and the broader market.

Strategy’s Bitcoin Purchases Amid Market Turmoil

Meanwhile, Michael Saylor’s company, Strategy, continues to invest heavily in Bitcoin. On February 2, Strategy purchased 855 Bitcoin for $75.3 million, buying the dip during the market’s downturn. The company’s Bitcoin holdings now total 713,502 BTC, worth approximately $54.3 billion.

Saylor’s company had made another large purchase in late January, acquiring 2,932 BTC for $264.1 million. Despite the market’s volatility, Saylor remains undeterred, maintaining a bullish outlook on Bitcoin’s future.

The post Billy Markus Slams Saylor’s View on Bitcoin’s Market Volatility Blessing appeared first on CoinCentral.

Market Opportunity
BILLY Logo
BILLY Price(BILLY)
$0,0005729
$0,0005729$0,0005729
-1,39%
USD
BILLY (BILLY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Ethereum Fusaka Upgrade Set for December 3 Mainnet Launch, Blob Capacity to Double

Ethereum Fusaka Upgrade Set for December 3 Mainnet Launch, Blob Capacity to Double

Ethereum developers confirmed the Fusaka upgrade will activate on mainnet on December 3, 2025, following a systematic testnet rollout beginning on October 1 on Holesky. The major hard fork will implement around 11-12 Ethereum Improvement Proposals targeting scalability, node efficiency, and data availability improvements without adding new user-facing features. According to Christine Kim, the upgrade introduces a phased blob capacity expansion through Blob Parameter Only forks occurring two weeks after Fusaka activation. Initially maintaining current blob limits of 6/9 target/max, the first BPO fork will increase capacity to 10/15 blobs one week later. A second BPO fork will further expand limits to 14/21 blobs, more than doubling total capacity within two weeks. Strategic Infrastructure Overhaul Fusaka prioritizes backend protocol improvements over user-facing features, focusing on making Ethereum faster and less resource-intensive. The upgrade includes PeerDAS implementation through EIP-7594, allowing validator nodes to verify data by sampling small pieces rather than downloading entire blobs. This reduces bandwidth and storage requirements while enhancing Layer 2 rollup scalability. The upgrade builds on recent gas limit increases from 30 million to 45 million gas, with ongoing discussions for further expansion. EIP-7935 proposes increasing limits to 150 million gas, potentially enabling significantly higher transaction throughput. These improvements complement broader scalability efforts, including EIP-9698, which suggests a 100x gas limit increase over two years to reach 2,000 transactions per second. Fusaka removes the previously planned EVM Object Format redesign to reduce complexity while maintaining focus on essential infrastructure improvements. The upgrade introduces bounded base fees for blob transactions via EIP-7918, creating more predictable transaction costs for data-heavy applications. Enhanced spam resistance and security improvements strengthen network resilience against scalability bottlenecks and attacks. Technical Implementation and Testing Timeline The Fusaka rollout follows a conservative four-phase approach across Ethereum testnets before mainnet deployment. Holesky upgrade occurs October 1, followed by Sepolia on October 14 and Hoodi on October 28. Each testnet will undergo the complete BPO fork sequence to validate the blob capacity expansion mechanism. BPO forks activate automatically based on predetermined epochs rather than requiring separate hard fork processes. On mainnet, the first BPO fork launches December 17, increasing blob capacity to 10/15 target/max. The second BPO fork activates January 7, 2026, reaching the final capacity of 14/21 blobs. This automated approach enables flexible blob scaling without requiring full network upgrades. Notably, node operators face release deadlines ranging from September 25 for Holesky to November 3 for mainnet preparation. The staggered timeline, according to the developers, allows comprehensive testing while giving infrastructure providers sufficient preparation time. Speculatively, the developers use this backward-compatible approach to ensure smooth transitions with minimal disruption to existing applications. PeerDAS implementation reduces node resource demands, potentially increasing network decentralization by lowering barriers for smaller operators. The technology enables more efficient data availability sampling, crucial for supporting growing Layer 2 rollup adoption. Overall, these improvements, combined with increased gas limits, will enable Ethereum to handle higher transaction volumes while maintaining security guarantees. Addressing Network Scalability Pressures The Fusaka upgrade addresses mounting pressure for Ethereum base layer improvements amid criticism of Layer 2 fragmentation strategies. Critics argue that reliance on rollups has created isolated chains with limited interoperability, complicating user experiences. The upgrade’s focus on infrastructure improvements aims to enhance base layer capacity while supporting continued Layer 2 growth. The recent validator queue controversy particularly highlights ongoing network scalability challenges. According to a Cryptonews report covered yesterday, currently, over 2M ETH sits in exit queues facing 43-day delays, while entry queues process in just 7 days.Ethereum Validator Queue (Source: ValidatorQueue) However, Vitalik Buterin defended these delays as essential for network security, comparing validator commitments to military service requiring “friction in quitting.” The upgrade coincides with growing institutional interest in Ethereum infrastructure, with VanEck predicting that Layer 2 networks could reach $1 trillion market capitalization within six years. Fusaka’s emphasis on data availability and node efficiency supports Ethereum’s evolution toward seamless cross-chain interoperability. The upgrade complements initiatives like the Open Intents Framework, where Coinbase Payments recently joined as a core contributor. The initiative, if successful, will address the $21B surge in cross-chain crime. These coordinated efforts aim to unify the fragmented multichain experience while maintaining Ethereum’s security and decentralization principles
Share
CryptoNews2025/09/19 16:37
VectorUSA Achieves Fortinet’s Engage Preferred Services Partner Designation

VectorUSA Achieves Fortinet’s Engage Preferred Services Partner Designation

TORRANCE, Calif., Feb. 3, 2026 /PRNewswire/ — VectorUSA, a trusted technology solutions provider, specializes in delivering integrated IT, security, and infrastructure
Share
AI Journal2026/02/05 00:02