Everyone seems to have an opinion on Twitter these days. However, one of the biggest Tweetstorms, of the past few years, happened to come from an early Uber investor. That investor, Shervin Pishevar, went on one of the biggest, strangest Tweetstorm of all time. All told, the Shervin Pishevar tweet storm spanned over 21 hours. Below are some of the craziest predictions and opinions from this unprecedented social media event.
The Dow Is Going Into a Bear Market
Last week during @CES we hosted a delegation from Ohio (including our partners at @MORPC) at DevLoop, the world’s first and only full-scale hyperloop prototype. Learn more about our progress in the Midwest here: https://t.co/s0pnqjuQq6 pic.twitter.com/bMFGn6Z9fV
— Virgin Hyperloop One (@HyperloopOne) January 18, 2019
Shervin Pishevar made his first big prediction about the U.S. stock market. At the time, the Dow was in its ninth year of its Bull Market run. However, Mr. Pishevar believed that the Dow was about to crash about 25% over the next 12 months. Well, it turns out that this prediction did come true. About 10 months later, the Dow fell into Bear market territory for the first time in a decade.
Bitcoin Is Headed to The Dog House
Another shocking Shervin Pishevar prediction came from he world of cryptocurrency. This time, the early Uber executive predicted that Bitcoin was going to fall from its high of $20,000. In this Tweet, Mr. Pishevar predicted that Bitcoin was headed to the $2,000 to $5,000 per coin range. Well, it turns out this prediction was correct as well. In 2018, Bitcoin fell to the $3,000 range.
Silicon Valley Is About To Get Some Competition
After talking about the markets, Shervin Pishevar turned his attention to the world of tech. In these series of tweets, Mr. Pishevar believes that most tech start-ups would shun Silicon Valley and work around the world. It’s too early to tell but, this tweet may be on the right track with a number of smaller tech companies popping up around the world.
The United States Is Losing the Infrastructure War Against China
Finally, Shervin Pishevar talked about the state of American infrastructure. Specially, Mr. Pishevar beeves that U.S. infrastructure is falling behind to China. In one example, Mr. Pishevar talked about China’s ability to complete large projects, such as building complete train stations, in mere hours.