Joe Fagan

Former Soccer Star, Now Soccer Fan


March 14, 2019

Looking Back On Shervin Pishevar’s Tweetstorm One Year After It Happened

Over a year ago, on Feb. 5, 2018, entrepreneur Shervin Pishevar pumped out 50 consecutive tweets in which he made a variety of predictions and shared his take on a number of issues. Here are some of the most notable things he referenced in the 50-tweet “tweetstorm.”

Shervin’s Bitcoin Prediction Came True

In Dec. 2017, the price of bitcoin peaked at roughly $19,500 per bitcoin. Shortly thereafter, bitcoin’s value began to drop rapidly.

In his 24th tweet, Shervin Pishevar predicted that bitcoin’s price would continue to fall from its then-current value of roughly $9,000. This prediction turned out to be accurate.

The second part of his prediction stated that the price of bitcoin would stabilize somewhere between $2,000 and $5,000. In late Dec. 2018, Shervin published a tweet that recognized the accuracy of his bitcoin-related prediction. Since then, the price of the world’s most popular cryptocurrency has held true at a rough price of $3,500.

The Entrepreneur’s Views On Gold Haven’t Proven Correct Thus Far

One ounce of gold fetched about $1,350 at market at the time of Shervin Pishevar’s tweetstorm. Pishevar predicted that the price of gold would rise in the future, but he didn’t indicate a time horizon. As such, objectively judging the validity of his prediction is difficult.

The price of gold dropped to $1,190 in 2018. Currently, however, gold’s price sits at $1,325. Based on the consistent upswing in gold’s price over the past six months, it’s likely that the price of gold will, in fact, soon exceed its price at the time of the tweetstorm’s publication.

The United States Government Hasn’t Made These Predictions Come True

Shervin Pishevar shared last year that he believed that Microsoft, Amazon, Facebook, Alphabet, and Apple were all monopolies. Although none of them are as large or as powerful as the Bell Telephone Company was in 1984, the year its monopoly was broken up by the U.S. government, Shervin noted that they are quite powerful for their respective industries.

None of these companies’ organizations have been broken up since his tweetstorm, though he still feels that the government should step in.

https://medium.com/@shervin