{"id":141957,"date":"2024-11-11T20:00:29","date_gmt":"2024-11-11T18:00:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141957"},"modified":"2024-11-11T13:11:55","modified_gmt":"2024-11-11T11:11:55","slug":"bitcoins-collapse-unlikely-says-investor-who-once-predicted-its-fall-to-zero","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-collapse-unlikely-says-investor-who-once-predicted-its-fall-to-zero\/","title":{"rendered":"Bitcoin\u2019s Collapse Unlikely, Says Investor Who Once Predicted Its Fall to Zero"},"content":{"rendered":"

Calacanis, who once predicted<\/a> <\/strong>a 70% chance of Bitcoin<\/a> <\/strong>crashing during the 2018 bear market, now believes the cryptocurrency has grown too large to fail. Reflecting on Bitcoin\u2019s evolution, he pointed out its increasing resilience and growing adoption, noting that it\u2019s \u201ctoo big to fail\u201d in today\u2019s market.<\/p>\n

In 2018, Calacanis described Bitcoin as a \u201chighly manipulated currency\u201d with a lack of regulation, urging caution for those who didn\u2019t buy in early.<\/p>\n

Despite his past skepticism, he expressed surprise that Bitcoin has not been banned by Western governments, praising its network\u2019s robustness, which has remained secure from nation-state interference or hacker attacks.<\/p>\n

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Calacanis also revealed that he has substantial holdings in Bitcoin, having purchased it when prices were between $100 and $200 per coin, and has never sold. His comments come as Bitcoin reaches a new all-time high, recently surpassing $81,800 in value.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jason Calacanis, a well-known American angel investor, recently shared his thoughts on Bitcoin’s future, suggesting that while a total collapse to zero is still technically possible, the likelihood is now under 5%.<\/p>\n","protected":false},"author":9,"featured_media":114757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"coin_category":[],"class_list":["post-141957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"\nBitcoin\u2019s Collapse Unlikely, Says Investor Who Once Predicted Its Fall to Zero<\/title>\n<meta name=\"description\" content=\"Jason Calacanis, a well-known American angel investor, recently shared his thoughts on Bitcoin's future, suggesting that while a total...\" \/>\n<meta name=\"robots\" content=\"index, follow, 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