Anthony Pompliano Affirms “This Bull Market is Going to be Incredible”

2019-6-17 23:49

Anthony Pompliano, Pomp for short, a co-founder and partner at Morgan Creek Digital, also known for his price forecasts, especially on the most valuable cryptocurrency, bitcoin, took to Twitter recently to voice his opinion about the present state of the cryptocurrency market.

Pomp, while emphasizing on how remarkable the bitcoin market has seen a turn around in the past 6 months alerts the community, notifying everyone that the present bull market will be “incredible”.

In less than 6 months, Bitcoin sentiment went from capitulation to permabulls. This bull market is going to be incredible.

Now Than Ever

Pomp had recently, towards the end of May, said he’s more bullish on Bitcoin now than ever. Among many reasons, Pomp believes the upcoming bitcoin halving is a major propeller of the present bull market.

As seen in the past, before halving, bitcoin’s price skyrockets. This is because it’s about to get scarce than it ever was. This scarcity, analysts reveal drive the investors to buy at any price available just to have a part of it.

Also, Pomp noted that there are signs that institutional traders are entering the market.

Prior to these statements, Pomp believed the bitcoin market is heading towards a $5 Trillion market capitalization by 2024.

…But The Challenges Remain, Could This Be a Hindrance?

Irrespective of forecasts by various analysts, during the last bull market that drove the price of bitcoin to its all-time highest point, the Bitcoin network encountered major challenges.

Everyone on the network experienced slow transaction confirmation times. And with the increase in adoption, these challenges may just creep in again as they have not been properly addressed.

How Long Will Bitcoin Remain King?

As much as there’s been a lot of positive reviews about bitcoin, there’s also been a few pessimists who think bitcoin won’t stay in its present top spot for long.

Their thoughts were born out of the various challenges that battle the most valuable cryptocurrency presently. These are issues such as volatility, scalability, and others.

Nevertheless, every great technology has faced its challenges and conquered. Bitcoin, like every other invention, hopefully, will overcome its challenges and remain in its top spot.

The post Anthony Pompliano Affirms “This Bull Market is Going to be Incredible” appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0028076 (-100%)

market anthony pompliano affirms bitcoin cryptocurrency going

Источник: zycrypto.com

market anthony → Результатов: 45


Kin Foundation launches ‘defendcrypto’ campaign to take on the SEC; requests new Howey test for crypto

Regulations in the cryptocurrency market have been of utmost importance, with many proponents of the field defending the industry by asking for fair and just rules for its proper functioning. Recently, Anthony Pompliano, Co-founder of Morgan Creek Digital Captial, announced that Kin Foundation was launching a campaign to ask for better regulations for the world […] The post Kin Foundation launches ‘defendcrypto’ campaign to take on the SEC; requests new Howey test for crypto appeared first on AMBCrypto.

2019-5-28 15:45


Fidelity will stick to top cryptos like Bitcoin or XRP, says Morgan Creek’s Anthony Pompliano

The sudden movement in Bitcoin prices has added fuel to the cryptocurrency market’s excitement, with many in the space speculating that the bear market may have finally come to an end. In the latest Crypto Trader episode, Ran NeuNer sat down with Frank Chaparro, Senior Correspondent at The Block and Anthony Pompliano, Founder of Morgan […] The post Fidelity will stick to top cryptos like Bitcoin or XRP, says Morgan Creek’s Anthony Pompliano appeared first on AMBCrypto.

2019-5-10 11:30


Энтони Помплиано: Капитализация биткоина может вырасти до $5 трлн к 2024 году

Основатель Morgan Creek Digital Assests Энтони Помплиано (Anthony Pompliano) считает, что биткоин может показать параболический рост в течение пяти лет. Bitcoin is the only $95 billion market cap asset I have ever seen that has a realistic chance of a 20-50x increase in value over a 5 year period.

2019-4-24 15:55


Фото:

Bitcoin Can Become a $5 Trillion Asset by 2024, Says Anthony Pompliano

Anthony Pompliano of Morgan Creek Digital believes Bitcoin is in a unique position to experience parabolic growth within the next five years, taking its market capitalization to $5 trillion. Bitcoin Set for Parabolic Growth In a tweet published on Monday (April 22, 2018), Pompliano identified Bitcoin as the only sub-trillion-dollar asset that looks capable of increasing by as much as 50 times within a five-year time frame.

2019-4-24 04:00


Bitcoin Has A Chance Of A 20-50x Increase In Value Over A 5 Year Period, Says Anthony Pompliano

Morgan Creek co-founder, Anthony Pompliano, who often makes bullish remarks on bitcoin and the crypto market, has tweeted that bitcoin has a “realistic chance of a 20-50x increase over a 5 year period”, The post Bitcoin Has A Chance Of A 20-50x Increase In Value Over A 5 Year Period, Says Anthony Pompliano appeared first on Invest In Blockchain.

2019-4-23 09:11


Bitcoin [BTC] proponent Adam Draper: There will be more digital currencies than fiat in 10 years

The proponents in the cryptoverse have played a major role in controlling market sentiment and its updates and developments. In his latest podcast, Anthony Pompliano, the Founder of Morgan Creek Digitial Captial sat down with Adam Draper, the Founder of BoostVC and Bitcoin [BTC] supporter to discuss the state of the cryptocurrency market right now.

2019-4-18 21:31


Minds CEO: Facebook Needs to Follow Same Philosophy of Bitcoin When Creating Own Crypto Asset

The cryptocurrency market has grown and evolved in the last decade of activity, taking it from a simple one-asset market to a booming industry with hundreds of options for consumers. As major companies like Facebook, JPMorgan, and Goldman Sachs break into the market, the dynamics have been changing even more. Anthony Pompliano of Morgan Creek […]

2019-4-10 02:10


Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?

Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market.

2019-2-12 18:28


Bitcoin Could Overtake Visa And Mastercard’s Market Cap In The Near Future Says Major VC Investor

Anthony Pompliano, the founder of Morgan Creek DigitalAssets, believes that Bitcoin is going to surpass Visa’s and MasterCard’s market capitalization in the next months. A few days ago, the European Commission sanctioned MasterCard with a $648 million fine claiming that the company raised credit and debit card fees in the different countries of the European […]

2019-1-24 14:02


Bitcoin Fundamentals Are Improving Over Time Says Anthony Pompliano

Although Bitcoin (BTC) and virtual currencies have been in a bear market since the year, the fundamentals behind Bitcoin seem to be improving over time. According to Anthony Pompliano, founder and partner at Morgan Creek Digital, Bitcoin’s fundamentals are strengthening and says to enthusiasts not to be distracted by its price. Bitcoin's fundamentals are strengthening. […]

2018-12-3 17:37


Anthony Pompliano Says ICOs And Crypto Fund Managers Are In Trouble To Stay In Business

The cryptocurrency market has been in a bear trend that has affected the whole industry. And this is what Anthony Pompliano, Morgan Creek Digital founder, says in a recent blog post. Mr Pompliano explains that cryptocurrency hedge funds and Initial Coin Offerings (ICOs) are facing some challenges. Perhaps, the most important thing he said was […]

2018-11-22 15:31


Фото:

Danske Bank’s $235B Money Laundering Tops Entire Cryptocurrency Market Cap

Danske Bank, the Danish lender at the center of a giant Russian money laundering scandal, illegitimately processed more cash than the entire cryptocurrency market cap combined. One Bank, $235 Billion The astonishing figure, noted on social media by Morgan Creek Digital founder and partner Anthony Pompliano this weekend, comes as the true extent of the banking sector’s latest revelation remains unknown.

2018-10-1 16:00


Фото:

Prominent Investor: This Bitcoin Bear Season May Last For A While

Although the market has begun to recover, albeit ever so slightly, there are some industry leaders that aren’t convinced that Bitcoin is back in bull mode just yet. “Bitcoin Will Bottom, Then Go Sideways” Anthony Pompliano, the founder of the crypto/blockchain-centric Morgan Creek Digital Assets, recently appeared on Ran Neuner’s “Crypto Trader” show to express […] The post Prominent Investor: This Bitcoin Bear Season May Last For A While appeared first on Ethereum World News.

2018-8-27 23:44


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

What determines Bitcoin’s price?

Bitcoin’s price is influenced by a mix of factors, including supply and demand dynamics, mining costs, regulatory developments, market sentiment and more.