Image default
Bitcoin

Bitcoin Veteran Anthony Pompliano Disavows Crypto Price Predictions After Incorrect $100,000 BTC Forecast

Responding to latest social media criticism, longtime Bitcoin (BTC) advocate Anthony Pompliano says BTC confirmed him that price predictions are a idiot’s sport.

Pompliano, who co-founded funding agency Morgan Creek Digital, just lately obtained backlash from some members of the crypto neighborhood for eradicating Bitcoin from his Twitter bio amid the highest crypto asset’s present price woes.

Pompliano additionally eliminated the laser eyes  – an emblem of bullishness on BTC  – from his Twitter profile image, after years of vocally supporting the asset and issuing large Bitcoin price predictions.

Pompliano, nonetheless, denies that he has modified his thoughts about BTC.

“The reality is that I haven’t modified my thoughts on something. Not solely do I nonetheless have deep conviction in Bitcoin and its future potential, however I’ve additionally been shopping for extra Bitcoin, each personally and professionally, over the previous couple of months.

While my conviction in Bitcoin is deeper than ever, there are a selection of issues which have modified although.”

The investor notes that BTC will “humble anyone.”

“In June 2019, with Bitcoin sitting around $12,000, I predicted that the asset would rise to $100,000 within 2.5 years. Rather than the ~8x increase, Bitcoin only went up ~6x in that time frame. Some people would argue that the difference doesn’t matter, but at the end of the day I was wrong. It was a great reminder that humans can’t predict the future and price predictions are a fool’s game. Bitcoin helped to humble me.”

At time of writing, Bitcoin is swapping palms for $21,300, up over 10% on the day.

Don’t Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl will not be funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you could incur are your duty. The Daily Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please word that The Daily Hodl participates in affiliate marketing online.

Featured Image: Shutterstock/IM_VISUALS/AtlasbyAtlas

Related posts

$4,000,000,000 in Bitcoin Exiting Crypto Exchanges Every Month As Outflows Reach Historic Proportions: Glassnode

Crypto Advisor

Bloomberg Analyst Doubles Down on Big $100,000 Bitcoin (BTC) Prediction – Here’s His Timeline

Crypto Advisor

Tether (USDT) Is Hinting at Big Moves Coming for Crypto, According to Analytics Firm – Here’s Why

Crypto Advisor

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

bitcoin
Bitcoin (BTC) $ 18,833.43 2.23%
ethereum
Ethereum (ETH) $ 1,256.67 6.93%
tether
Tether (USDT) $ 1.00 0.15%
usd-coin
USD Coin (USDC) $ 0.999263 0.20%
bnb
BNB (BNB) $ 266.97 0.46%
binance-usd
Binance USD (BUSD) $ 0.992817 0.85%
cardano
Cardano (ADA) $ 0.448558 0.69%
xrp
XRP (XRP) $ 0.432119 8.97%
polkadot
Polkadot (DOT) $ 6.33 0.41%
solana
Solana (SOL) $ 31.65 0.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000011 0.27%
dogecoin
Dogecoin (DOGE) $ 0.058803 0.19%
staked-ether
Lido Staked Ether (STETH) $ 1,249.44 6.81%
matic-network
Polygon (MATIC) $ 0.729569 0.60%
tron
TRON (TRX) $ 0.059488 0.74%
dai
Dai (DAI) $ 1.00 0.15%
avalanche-2
Avalanche (AVAX) $ 17.21 1.40%
ethereum-classic
Ethereum Classic (ETC) $ 28.02 4.00%
leo-token
LEO Token (LEO) $ 4.76 5.54%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 18,845.94 2.11%
uniswap
Uniswap (UNI) $ 5.64 4.06%
litecoin
Litecoin (LTC) $ 52.29 1.97%
cosmos
Cosmos Hub (ATOM) $ 14.50 3.13%
okb
OKB (OKB) $ 14.70 2.54%
ftx-token
FTX (FTT) $ 22.95 2.95%
terra-luna
Terra Luna Classic (LUNC) $ 0.000276 2.28%
near
NEAR Protocol (NEAR) $ 3.75 2.07%
chainlink
Chainlink (LINK) $ 6.90 1.34%
crypto-com-chain
Cronos (CRO) $ 0.105001 0.61%
monero
Monero (XMR) $ 139.66 2.10%
stellar
Stellar (XLM) $ 0.117019 3.93%
bitcoin-cash
Bitcoin Cash (BCH) $ 114.47 0.28%
algorand
Algorand (ALGO) $ 0.363655 14.38%
flow
Flow (FLOW) $ 1.66 0.47%
vechain
VeChain (VET) $ 0.022514 0.30%
eos
EOS (EOS) $ 1.21 5.36%
internet-computer
Internet Computer (ICP) $ 5.95 0.65%
filecoin
Filecoin (FIL) $ 5.39 1.19%
chain-2
Chain (XCN) $ 0.075283 12.12%
frax
Frax (FRAX) $ 0.99901 0.07%
hedera-hashgraph
Hedera (HBAR) $ 0.058975 1.83%
decentraland
Decentraland (MANA) $ 0.700751 0.82%
apecoin
ApeCoin (APE) $ 5.70 3.69%
the-sandbox
The Sandbox (SAND) $ 0.855198 1.21%
tezos
Tezos (XTZ) $ 1.47 1.34%
quant-network
Quant (QNT) $ 102.09 0.03%
axie-infinity
Axie Infinity (AXS) $ 12.09 1.67%
aave
Aave (AAVE) $ 74.36 2.20%
lido-dao
Lido DAO (LDO) $ 1.80 3.99%
elrond-erd-2
Elrond (EGLD) $ 46.89 0.81%
theta-token
Theta Network (THETA) $ 1.09 3.96%
true-usd
TrueUSD (TUSD) $ 0.995911 0.50%
chiliz
Chiliz (CHZ) $ 0.248198 5.84%
bitcoin-sv
Bitcoin SV (BSV) $ 48.76 1.00%
compound-usd-coin
cUSDC (CUSDC) $ 0.02268 0.05%
paxos-standard
Pax Dollar (USDP) $ 0.999229 0.08%
kucoin-shares
KuCoin (KCS) $ 8.74 2.57%
bittorrent
BitTorrent (BTT) $ 0.00000077639902 1.27%
ecash
eCash (XEC) $ 0.000039 0.51%
the-graph
The Graph (GRT) $ 0.098491 1.21%
iota
IOTA (MIOTA) $ 0.264682 2.50%
zcash
Zcash (ZEC) $ 54.23 0.27%
huobi-btc
Huobi BTC (HBTC) $ 18,779.10 2.13%
usdd
USDD (USDD) $ 1.00 0.15%
huobi-token
Huobi (HT) $ 4.45 1.60%
evmos
Evmos (EVMOS) $ 2.40 3.46%
havven
Synthetix Network (SNX) $ 2.36 0.50%
cdai
cDAI (CDAI) $ 0.022079 0.03%
maker
Maker (MKR) $ 626.77 1.46%
bitdao
BitDAO (BIT) $ 0.484619 1.17%
klay-token
Klaytn (KLAY) $ 0.206703 2.54%
neutrino
Neutrino USD (USDN) $ 0.951813 0.10%
fantom
Fantom (FTM) $ 0.227103 0.34%
compound-ether
cETH (CETH) $ 25.55 5.36%
neo
NEO (NEO) $ 8.27 0.77%
helium
Helium (HNT) $ 4.53 0.98%
gatechain-token
Gate (GT) $ 4.17 0.24%
defichain
DeFiChain (DFI) $ 0.804752 3.24%
radix
Radix (XRD) $ 0.057976 3.63%
celsius-degree-token
Celsius Network (CEL) $ 1.65 6.95%
pax-gold
PAX Gold (PAXG) $ 1,656.36 0.38%
pancakeswap-token
PancakeSwap (CAKE) $ 4.34 1.42%
thorchain
THORChain (RUNE) $ 1.59 2.03%
osmosis
Osmosis (OSMO) $ 1.23 0.25%
zilliqa
Zilliqa (ZIL) $ 0.032802 4.10%
enjincoin
Enjin Coin (ENJ) $ 0.470843 0.31%
nexo
NEXO (NEXO) $ 0.906365 0.94%
arweave
Arweave (AR) $ 9.96 5.25%