Quote from: showbiz111 on April 20, 2018, 11:57:32 AM

Chamath Palihapitiya
Prediction: Bitcoin at $100,000 by 2020/2021, $1 million by 2037.

Chamath Palihapitiya ran AOL Instant Messenger and later served as an executive at Facebook, Inc. (NASDAQ:FB). He founded the venture capital firm Social Capital in 2011, which has invested in startups such as Box Inc (NYSE:BOX) and Yammer, which was acquired by Microsoft Corporation (NASDAQ:MSFT) in 2012.

He also is part-owner of the Golden State Warriors.

Palihapitiya got in early, having bought bitcoin at around $100 a coin. He owned $5 million in bitcoins in October 2013, when it was trading under $200.

Still, Palihapitiya thinks bitcoin can appreciate further. On December 12, he predicted that bitcoin would reach a price of $100,000 in three or four years, and $1 million within 20 years.

Palihapitiya is known for making bold predictions. As I noted in 2016, he sees Amazon reaching a market capitalization of $3 trillion. Last year, he predicted that Tesla Inc (NASDAQ:TSLA) would eventually capture 5% of the global market for cars and a $336 billion valuation.

I dont believe any prediction about the coming value. I still remember someone on the interview said I can say by the end of 2018 the bitcoin will reach 100,000. Why didnt he predict there is a super lowest point around 6,000? Prediction is stupid. There are many uncertainties factors in altcoin market.