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Anthony Pompliano, a well-known Bitcoin influencer, has revealed that the video streaming giant has banned his YouTube channel.
YouTube Bans Anthony Pompliano’s Channel
The renowned cryptocurrency enthusiast’s account was banned from the network for violating the company's policies. It's unclear what prompted the restriction.
Pompliano claims he was talking Bitcoin with PlanB, the pseudonymous inventor of the "stock-to-flow" scheme. He argues that the suspension caught him off unprepared because there were no strikes.
PlanB humorously attributed the termination to their overconfidence.
Pompliano’s Other Social Media Accounts Were Also Banned. Why?
Pompliano was banned from Twitter in February 2020, but he was allowed to access the social media network again after a few hours.
In the past, YouTube has mistakenly removed or temporarily banned the accounts of many crypto influencers.
Most Bitcoiners Believe the Stock-to-Flow Model Will Survive a Massive Crash
According to a survey issued by its inventor, PlanB, the great majority of Bitcoiners believe the viral stock-to-flow model will persist despite the May crash.
The anonymous analyst polled his 532,700 Twitter followers to see if they expected the model to break or give a "buy" signal following another rebound off the lower end.
With over 17,000 votes already cast, the majority of responders believe the model will hold up.
Only 17% of those polled believe the model is doomed, while the remaining 28% are unsure.
PlanB had earlier tweeted that the current bull run was "beginning to look like 2013," but that his model was still intact:
“May close $37,341...-35%...we knew #bitcoin would not go up in a straight line and several -35% drops are possible (and indeed likely) in a bull market. Starting to look like 2013. S2F(X) model intact.”
The cross-asset S2FX model, which has so far been proven accurate, forecasts that Bitcoin will average $288,000 over the third halving cycle, which will conclude in 2024.
Skeptics, on the other hand, tend to doubt S2FX's validity because the supply-based model ignores demand.