Twitter has become one of the most important social media platforms. In fact, the current President has made the platform his bullhorn to connect to his followers and to his detractors. Another big voice using Twitter to make his presence known is early Uber investor Shervin Pishevar. During a recent 21-hour tweetstorm, Mr. Pishevar talked about a range of subjects. But what really caught everyone’s attention are the predictions that the Silicon Valley executive made during his tweetstorm.
One of the most notable predictions made by Shervin Pishevar had to do with the state of the stock market. At the time of his prediction, the Dow Jones Industrial Average had hit all-time highs. However, Mr. Pishevar was not sharing in the optimism. In fact, the early Uber investor predicted that the stock market was about to go into a bear market. Shervin Pishevar believed that the Dow was headed down to levels not seen during the 2008 financial crash. While the stock market has not crashed to those 2008 levels, the Dow has flirted with bear market territory since the prediction was made.
Another big prediction Shervin Pishevar made had to do with the world’s most powerful cryptocurrency. At a time when Bitcoin was crushing the $20,000 level, Mr. Pishevar believed that the cryptocurrency was going to unravel. Now, this prediction was met with a lot of skepticism. Especially when Shervin Pishevar tweeted that Bitcoin was going to crash 90% from its highs. Well, it appears that Mr. Pishevar may have the last laugh. Since his Bitcoin prediction, the crypto-coin has fallen over 80% to the $3,000 level.
Finally, Mr. Pishevar talked about his hometown Silicon Valley where he made a shocking prediction about the state of start-ups. Mr. Pishevar believes that large Silicon Valley players like Apple, Amazon, and Google are stifling competition. Because of that, Silicon Valley is having trouble creating the next big tech giant. In fact, Shervin Pishevar believes that Uber may be the last big tech company to come out of Northern California.
Mr. Pishevar went on to make a number of other predictions. In fact, the early Uber investor tweeted over 100 times during a 21-hour period. Since then, Mr. Pishevar has only occasionally made his presence known on the social media platform.
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Having avoided the spotlight for some time, Shervin Pishevar overwhelmed twitter, truly. As individuals questioned why the sudden development subsequent had been avoiding the spotlight for long, he, then again, had intriguing predictions to make. Shervin Pishevar went up on Twitter to express what will occur in the following couple of coming months. He addressed innovation, infrastructure, the US economy, and bitcoins.
The forecasts on;
Great infrastructure guarantees that a nation’s economy is streaming smoothly. From the transportation of products and even residents driving to work and arrive on time constructs a nation’s monetary status. Shervin Pishevar gave an expression that the administration of China completed a prepare station in nine hours, a sign that speed is essential.
Bitcoin exchanging has been hot as the years progressed, however, the continuous crash will proceed and stabilize in the scope of 2000 dollars to 5000 dollars. In the following two years it will rise again consistently. However, the gold exchange will encounter some development.
The financial status of a nation usually is its spine, and this is the same to the US. Markets will drop by 6000 points. Dubious trades will take place everywhere throughout the world.
Technology advancement is exceptionally vital for the improvement and manageability of the constrained resources. As Shervin Pishevar foresees, the business enterprise is a force to thoroughly calculate and stopping it will not easy. Since innovation is a thing that the world depends on immensely, systems must be set up to achieve as much as possible.
All predictions incline toward the economic decline. It may be the ideal opportunity for financial analysts and investors to find ways to restore the country’s economic status. Shervin Pishevar tweets have held up pretty well over time. It is not clear why Pishevar came back, but he sheds some light on the US economic future.