A storm is brewing in the crypto world, and the biggest players are starting to show their faces. Herbert Sim, also known as the ‘Bitcoin Man,’ says a massive shakeup is on the horizon, but he remains bullish as ever.
Sim is a veteran in the crypto space since 2010. He is a former PR Director at Huobi, and he has a bold prediction for the market:
“I’m telling you, there’s going to be a crazy amount of volatility. In fact, this very year, 2025, I don’t want to rattle the markets, but there is possibly going to be a very, very big shake out right now. Coming up in less than one month away. I’m going to put it out there by September 22- 24, there will be a massive shake up.”
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Bumping into a Bitcoin O.G.
Sim’s insights are based on what he calls the ‘Crouching Tiger, Hidden Dragons’ of the crypto world. The secretive, ultra-wealthy Bitcoin whales who are re-emerging from the shadows.
“Very quickly, there are guys like, Adam Back who I bumped into at a conference earlier. So these are some OGs that seldom seen, right? And more recently, they are showing up. Why is that?”
One such meeting left a lasting impression on Sim:
“I just mentioned to you earlier that I bumped into this guy that has a personal net worth of 400,000 bitcoins, right? Even Michael Saylor and his entire MicroStrategy fund does not have that kind of Bitcoin yet.”
HODL HODL HODL
These crypto titans are in no mood to sell their prized digital assets. They’re holding on tightly with a long-term play.
“Right now, even a 100,000, not many are selling. And you imagine that, right? So it’s a matter of time before suddenly, for example, if the Satoshi Genesis wallet moved, it’s just 0.01 Bitcoin. The world will quake. The world will shake,” Sim said.
Bitcoin being scarce and limited adds to the immense pressure building in the market.
“As we all know, there’s only going to be 21 million bitcoins, right? Many of them have been lost. And yet at the same time, 19 million has already been mined. Where are the 19 million bitcoins? If you see the hot wallets right now in all the exchanges, there are no more than a million.”
Also read: Top 10 crypto scams to look out for
Following Satoshi and taking on Elon Musk
Sim also serves as CMO for AICEAN.IO, a company that is building the largest AI creators ecosystem to unite & empower creativity in the age of AI. He believes in the cypherpunk movement and transhumanism.
“If you dig deeper who Satoshi Nakamoto is, he’s basically a cypherpunk. And if you notice his white paper, there’s the Cypherpunk manifesto. It’s all about transhumanism. So, transhumanism is basically transcending humanity through technology and science. And of that my proudest investment this far is called neurochip.com. So we all know Elon Musk is building, Neuralink, right? It’s basically a neural chip brain computer interface. And I own neurochip.com, which is going to give, Elon a run for his money.”
As for the next five years, Sim remains bullish despite his prediction of an upcoming shakeup.
“Bitcoin isn’t the first, you know, trajectory that it will hit $1 million by 2030. But from now until then it’s about five years. And in this five years, I’m telling you, that’s going to be a crazy amount of volatility.”
