Occasionally, someone decides to go on an hours-long tweetstorm. But it is a rare event when one Silicon Valley’s biggest entrepreneurs decide to take to Twitter with numerous insights and predictions. That entrepreneur, Shervin Pishevar, has turned the world on its ear on his predictions on everything from the price of Bitcoin to the future of American infrastructure. Listed below are some of the biggest insights and predictions from Shervin Pishevar’s 12-hour Tweetstorm.
The Dow Will Crash 6,000
One of the first predictions made from the tweetstorm was that the Dow Jones Industrial Average would drop 6,000 points. This would put the Dow well into Bear Market territory. While the Dow has dropped a few percentage points as of the first few months of 2018, the market is still in Bull Market territory.
The Bitcoin Crash Will Continue
Shervin Pishevar also predicted more pain for Bitcoin. The cryptocurrency shot to the moon in late 2017 only to come down to Earth in early 2018. The Silicon Valley expert believes that the pain is far from over and that the price of the cryptocurrency will continue to drop until it stabilizes in the $2,000 to $5,000 range. This would mark an almost 90% drop from the near $20,000 BTC high in late 2017.
Silicon Valley Will No Longer Be The Center Of The Tech Universe
Perhaps one of the most shocking predictions made by Shervin Pishevar was that Silicon Valley would no longer be the center of the Tech Industry. Instead, Mr. Pishevar proposes that the tech world will go virtual and spread itself out across the world. And that the interconnectivity of the web will allow people to operate their tech business anywhere they please.
United States Infrastructure will Continue to Fall Behind
Mr. Pishevar predicted that America’s struggle to update its fracture will continue in the next decade as other countries innovate. The Silicon Valley expert pointed out that the Chinese were able to build an entire train station in 9-hours. Mr. Pishevar believes that China will continue to pull away in the infrastructure race.
Mr. Pishevar made additional predictions when it came to everything from the tech industry to investment markets as well as Silicon Valley. The tweetstorm was considered the first public statements made by Mr. Pishevar since allegations of misconduct came to light. As 2018 continues, many people will watch to see which of Shervin Pishevar’s tweetstorm predictions come true.