By CCN: Jason Calacanis, a prominent Silicon Valley investor who has helped companies such as Uber and Robinhood to secure multi-billion dollar valuations, has said the bitcoin price is likely to drop to $0 to $500 in the long-term. “My position remains the same. Bitcoin will likely be replaced by a new technology & it’s manipulated It’s possible it’s built to last, but not probable ... Uber Investor Jason Calacanis: Bitcoin’s 3x Trading Range is a Good Thing Author ... there was a public stock price – it would be chaos.” However, it’s worth noting that Bitcoin actually went outside the $3,500 – $10,000 range as it jumped to $14,000 last June. Pomp: 100x BTC Increase Is Easy. While Pomp and Calacanis discussed so-called long-shot investments that became a success ... Not All Crypto Assets Will “Pump,” Binance CEO Reminds Community. Multiple cryptocurrencies are in the midst of surging dozens of percent higher as of this article’s writing. It’s a list that includes Cardano, Dogecoin, Vechain, Icon, Cosmos, 0x, and more. Not all altcoins will share this fate, though, says Changpeng Zhao. Responding to the frothy market conditions, the industry ... Now, angel investor Jason Calacanis has repeated this sentence claiming that 99 percent of cryptocurrencies are garbage and provide no real value to the investors. Historically, 99% of crypto projects are garbage run by unqualified idiots, delusional but below average founders or grifters… the 1% that are not, could change the world. Last week, Jason Calacanis, a prominent investor who has stakes in companies like stock trading app Robinhood and ride-hailing giant Uber, called out most crypto project owners. The Hate for ... Jason Calacanis. Source: Medium. During the recent dual-podcast with Pomp, the topic inevitably reached Bitcoin, since Pompliano is one of the most popular BTC proponents. Calacanis firstly said that after the show, he “will go home today and say, “maybe we should put 1-2-3% into Bitcoin and make a big trade.”
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