Prolific investor and former bitcoin doubter Jason Calacanis asked if now is the time to buy BTC following the crypto-asset’s meteoric rise to new all-time highs.
Calacanis, whose early startup investment portfolio includes Uber and Robinhood, took to Twitter to ask followers if now is the time to buy bitcoin.
In a subsequent tweet, the investor poked fun at a prediction he made two years ago, when the price of bitcoin had slipped below $4,000.
Calacanis, with an estimated net worth of $100 million, said at the time bitcoin had a sixty to seventy percent chance of falling to zero. He also called the asset “highly manipulated” and pointed out the lack of rules or regulations for the industry.
Calacanis concluded his tweet by saying all but early adopters were suckers at the table.
Crypto user Tom Howard pointed out the irony of Calacanis’s early tweet, saying the November 2018 price of bitcoin was one of the best times to buy.
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