Pompliano 75% Confident Bitcoin Price is $100,000 by End of 2021

[grecko45]

Anthony “Pomp” Pompliano — co-founder of crypto asset management firm Morgan Creek Digital Assets — predicts bitcoin (BTC) will hit $100,000 by the end of 2021.
It would be nice to see such a scale in Bitcoin

https://cointelegraph.com/news/pompliano-75-confident-bitcoin-price-is-100-000-by-end-of-2021

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[sunsilk]

This is not something new. We've known Pomp has been bullish since ever and one of the crypto bulls who's been spreading the good word across the world.

With halving by 2020, his prediction by 2021 is safer than the other prediction that we've heard before who promises to eat his own tool if it won't happen.  

By the end of 2021? I'm funny from such predictions. Professional analysts can not predict what price btc will have in a month, and here they declare the price by the end of 2021 

It's not declaration of the price but it's a prediction. Everyone can predict the price and this guy has been doing it since then. I acknowledge him because he's doing a good job for the community.

[figmentofmyass]

at 1:3 odds, 2.5 years out, this is a pretty safe bet. it's probably even more conservative than tim draper's prediction of $250k by 2022.

it isn't 2014 anymore. the chances that bitcoin is just gonna fade away are pretty low at this point. we don't even need mass adoption to reach these valuations. adoption as a gold-like asset is probably enough.

[Jating]

What is the other 25%? Lol, Pompliano is very bullish on bitcoin so no surprises here. He probably just blurted it out to sway new set of investors because we are in the bull run but we needed more to fit his narrative at the end.

But then again who knows, 2020 we will have a catalyst for a eventual run in 2021, so he might put his trust on bitcoin block halving as we all know that it's one main driver for a start of a exponential growth.

[dothebeats]

75% is already a huge number of confidence if you'd ask me. But then again, the dude is still a permabull, so I don't think we should get pretty confident with what he's saying as we aren't that clear with what he states. 2020 is the year for halving, and it's a pretty good time for being bullish. Perhaps it could be a catalyst and one of the main drivers for this bullish run that he is talking about. For now it's nothing but speculation and guesses.

At the very least though he's not that overly optimistic with his guesses, not unlike the $1M by 2020 by McAfee.

[1Referee]

Nothing is impossible until it's done.

I get why people think it's unrealistic, but we have seen Bitcoin do crazy things before. Currently with everything going on the setup for a $100,000 peak bull run is perfect. It's 'only' a 9x increase from where we are today. I wouldn't dare to bet against Bitcoin at all when it comes to reaching $100,000 before the end of 2021.

In the end, reaching certain price levels has never been an issue for Bitcoin; the problem, at least in the short to mid term is maintaining them. The correction that will follow will be a total massacre. Seeing $50,000-$80,000 in value vanish isn't unreasonable with how this is in range with a firm correction Bitcoin always tends to go through.

[UnDerDoG81]

Still a 2 1/2 years wait for lambo?

[Herbert2020]

hah he is just advertising his business and trying to say in other words "come use our services and pay us money". predictions like these are of little value coming from these types of people. they just assess the market's attitude and make a statement that gives them the most attention and then will be advertised all over news sites for free. and $100k is one of the most  common guesses among everyone! you don't have to be an expert to make such guesses, you just have to take a look at bitcoin history and its bull runs to know that.

[Wilhelm]

If he is right I will refer to him as 'Anthony “Pump” PimpMyLambo'  

[Lucius]

at 1:3 odds, 2.5 years out, this is a pretty safe bet. it's probably even more conservative than tim draper's prediction of $250k by 2022.

I did not follow Pompliano predictions, so I do not know how accurate he was so far, but Tim Draper is well-known for his 2014 prediction that 1BTC will be worth $10 000 in 3 years, which of course happened in 2017.

Since history is show us that biggest bull runs start after halving, it is quite understandable why most of people who give such predictions aim precisely to 2021 / 2022, as the year when a new ATH can be expected.

In the end, reaching certain price levels has never been an issue for Bitcoin; the problem, at least in the short to mid term is maintaining them. The correction that will follow will be a total massacre.

Exactly, correction will happen as always and only question is at which price will be formed a new bottom. $100k is exit point for many holders, but I doubt all of them will be able to sell at that price because crypto exchanges will crumble under tremendous pressure. So this is one more thing to think about, better now then when is too late.

[fabiorem]

This is a very conservative prediction.

Bitcoin can reach this price some weeks before the halving, in 2020.

[rdluffy]

It's weird to me to believe in these kind of predictions above 50k because I have some BTC, and if hits this price of 100k I would have a LOT of money, so I prefer to keep thinking about 20k first 

[Febo]

75% Confident Bitcoin Price is $100,000 by End of 2021

That is pretty much sure thing. Unless a huge economic crisis hit us next year we will see Bitcoin at over $100k in 2021.

[bitbunnny]

I really can't understand why people even pay attention to such predictions that make no sense, based on nothing n
There are just too many so called experts that are misleading users with at least strange information. Some seriously stick to such predictions, counting on getting rich just if they wait long enough and end up disappointed.

[carlfebz2]

Anthony “Pomp” Pompliano — co-founder of crypto asset management firm Morgan Creek Digital Assets — predicts bitcoin (BTC) will hit $100,000 by the end of 2021.
It would be nice to see such a scale in Bitcoin

https://cointelegraph.com/news/pompliano-75-confident-bitcoin-price-is-100-000-by-end-of-2021

I do even hardly believe on reaching 20k ATH and now we are talking with $100k?Lots of predictions and speculations is flying around but no one can really beat out McCafee 1M price. hehe

[romero121]

75% Confident Bitcoin Price is $100,000 by End of 2021

That is pretty much sure thing. Unless a huge economic crisis hit us next year we will see Bitcoin at over $100k in 2021.

As the market of bitcoin isn't that depended to the world market I expect it to be a possible price to be reached over years. During the previous bull run of 2017 none predicted such a growth, I can remember the predictions. Most of the predictions were to reach $6000 and so on. The market took a big price pumping and it took to the top close to $20000 marking its new Ath.

With this I have a belief that bitcoin will increase reaching $100000 without some deadline for the same, because with time the adoption and acceptance level keeps growing with the supply getting shortened. This will surely cause a demand making the price get pumped.

[UnDerDoG81]

It's weird to me to believe in these kind of predictions above 50k because I have some BTC, and if hits this price of 100k I would have a LOT of money, so I prefer to keep thinking about 20k first 

Same here @100k. The question is, what to do with that money when you cash out Bitcoin? I don´t want to hold FIAT but also I want to get out (at least with 75-80%) of crypto at one point. I am not into stocks and Gold is pure manipulation through US Government.

[BitHodler]

Pompliano has some skin in the game with how he is quite regularly talking to large institutions and wealthy individuals. If they are slowly investing in Bitcoin, which might very well be so, then this could be the basis of his prediction.

If it was Tom Lee I would have a laugh and roast him, but Pompliano has been quite spot on with his price targets in the past, probably also because of his contacts. If you know deep pockets are going to unload, it's easy to predict price movements.

I personally think $100k before the end of 2021 comes too soon, but Bitcoin has surprised me more than once already so it's not that I rule it out completely. I'm happy to admit being wrong in this case.

[rdluffy]

It's weird to me to believe in these kind of predictions above 50k because I have some BTC, and if hits this price of 100k I would have a LOT of money, so I prefer to keep thinking about 20k first 

Same here @100k. The question is, what to do with that money when you cash out Bitcoin? I don´t want to hold FIAT but also I want to get out (at least with 75-80%) of crypto at one point. I am not into stocks and Gold is pure manipulation through US Government.

I have to say I don't have a plan if BTC reaches 100k for example
I'll probably sold some coins, not all, maybe BTC will continue to rise in price  , but I'll have some trouble to cash in fiat (it's a good problem  )

[Slow death]

Did he say he has 75% confidence? this is the same guy that last year said that the price would fall below 3000 $

Bitcoin’s Price Will Go Below $3,000, Anthony Pompliano Tells Mainstream Media

I ask:

Last year someone saw the price drop below $3000? ithe price did not fall below  $3000, he failed in his prediction. So the right thing was to say he has 1% confidence that the price will be $ 100,000 by end of 2021, at least so he will not be ashamed when in 2021 the price does not reach $ 100,000