DOGE Rebounds After Creator Slams Michael Saylor’s Bitcoin Volatility Claim
Bitcoin advocate Michael Saylor’s latest Bitcoin volatility statement has sparked a heated debate on the X platform, led by Dogecoin creator Billy Markus. While Saylor addressed Bitcoin volatility as a “gift” from Satoshi Nakamoto, Markus slammed him, drawing attention from the crypto community members.
Markus pushed back on this statement, questioning the narrative and sparking widespread online discussion. Especially given Dogecoin’s roots in Bitcoin’s code, Markus’ criticism drew widespread attention. This development resulted in a marginal upswing of the Dogecoin price, which has been trading in the red for the past few weeks.
Markus Slams Saylor’s Take on Bitcoin Volatility
Earlier today, Michael Saylor, a prominent Bitcoin advocate and the founder of the largest BTC treasury company, Strategy, took to X to share a critical statement about the Bitcoin volatility. Saylor praised the BTC price’s prolonged volatility, hailing it as a gift from Satoshi Nakamoto, the pseudonymous creator of the pioneer crypto. But the Dogecoin creator, Billy Markus, disagreed with this point, sparking a heated debate.
Volatility is Satoshi's gift to the faithful.
— Michael Saylor (@saylor) February 3, 2026
This discussion comes on the backdrop of the protracted volatility of Bitcoin. The cryptocurrency has been facing severe fluctuations and volatility over the past few months, especially since the October 11 crypto market crash. Although the token hit its all-time high of $126k in October, it slipped below the $100 mark soon. The crypto continued its downtrend and is now trading near the low of $75k.
As CoinNewsSpan reported, this crypto winter is expected to last long. Bitwise CIO Matt Hougan addressed the current downturn as a full-blown “Leonardo-DiCaprio-in-The-Revenant-style crypto winter,” asserting that it is likely to continue.
In his recent post, Michael Saylor glorified this Bitcoin volatility and referred to Satoshi Nakamoto as the ultimate authority on BTC. “Volatility is Satoshi’s gift to the faithful,” stated Saylor. While Billy Markus disagreed with this point, it drew attention given Dogecoin’s roots in BTC’s code and Markus’ long-used online “Shibetoshi Nakamoto,” which playfully references Bitcoin’s creator.
Since January 28, Bitcoin dropped sharply, losing more than 18% of its value. Today, BTC is valued at $76,017, down by 2.78%, 15%, and 18% in a day, week, and month, respectively.
Despite this downfall, Saylor’s BTC company Strategy continues to buy Bitcoin, further bolstering its treasury. This approach highlights Saylor’s positive approach to the current Bitcoin volatility. The company reportedly faced significant paper losses for its BTC holdings. However, Saylor sees the current market downturn as a possible buy-the-dip opportunity. He intends to accumulate more coins as he remains optimistic about the crypto’s long-term potential.
Dogecoin Price Surges Post Markus Statement
Dogecoin creator Markus Billy shared a scathing criticism of Saylor’s Bitcoin volatility post. Markus’ criticism read,
“satoshi is rewarding believers with a shitty annoying market this is a good post.”
While this statement has garnered significant attention, it has also pushed the Dogecoin price up. In line with the broader market downturn, DOGE has also been facing significant losses over the past few weeks.
However, the DOGE price experienced a slight recovery, reaching $0.1072, up 0.57%. But the token is still down by a notable 15% and 27% over the past week and month, respectively.
