Redditor Who Made $10K Bitcoin Prediction in 2014 Claimed to Be Time Traveler

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Redditor Who Made $10K Bitcoin Prediction in 2014 Claimed to Be Time Traveler

Tue Jul 17, 2018 10:00 pm

A Reddit user named Luka Magnotta claimed to be a time traveler from the future in a post from 2014. In the post, he made an accurate prediction for the price of Bitcoin in 2017, saying it would hit USD 10,000, which is exactly what happened. At the time of the prediction, almost no one believed Bitcoin’s price would get so high.

Although the Redditor never returned, his story continues to resurface in conversations, especially in 2017 when Bitcoin surpassed his prediction.

Magnotta made the post to warn humanity about a future where Bitcoin becomes the only global currency. He said that by 2019, Bitcoin would hit USD 100,000 and in 2021 it would hit USD 1 million. After that point, fiat currency would collapse so catastrophically that Bitcoin’s value couldn’t reasonably be measured with US dollars.

Specifically, Magnotta claims to be from the year 2025 and says there will be, on average, BTC 0.003 for every person in the world but due to wealth inequality, a normal person would own only BTC 0.001. In his reality, BTC 0.01 is enough to retire and live comfortably. Investing money would be a thing of the past since Bitcoin doesn’t lose value, causing the global economy to shrink by 2% per year. He claims an annoying neighbor found BTC 0.01 from a Reddit tip and retired from that.

https://bitcoinnews.com/redditor-who-ma ... clear-war/

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