Herbert Sim, popularly known as “The Bitcoin Man,” claims that because China hasn’t entered the cryptocurrency game yet, the most recent bull run in the market only touched the tip of the iceberg.

The Chinese are currently still in the process of preparing, that much is true. They’ve barely made a dent in the cryptocurrency market as of now. Because I work with all the Chinese guys, I can attest to this,” he states.

“That implies that the starting point for the bull run is the $69,000 price of Bitcoin.”

Even while Americans “wished that” they were leading the pack, Sim tells Magazine that Chinese markets have led all prior bull runs.

You should be aware that Chinese markets, not American ones, drove the last three real bull runs. Although they wish they were the ones, it came from China in reality.

Sim got involved in cryptocurrency in 2010 while he was a university student studying economics. He entered the market long before “the industry” existed, at a time when Bitcoin was only worth $0.40 at its highest point.

Sim established Crypto Chain University in that year as a platform for content aggregation and crypto research. Industry insiders can still access the site to submit research papers and inform the public about the Cypherpunk movement.

Many contributors just upload their content. Many well-known Cypherpunks were also making contributions, he adds.

Since then, he has been extolling the virtues of Bitcoin, and if you’ve ever attended a crypto conference, you could have seen him wearing Bitcoin suits or chains while making a speech as a prominent figure in the industry.

He laughs, “I am the one that’s still trying to make crypto sexy right now.”

Sim X Herbert After talking about Singapore Herbert Sim provides an overview of his September journey to Singapore (X/Herbert Sim).

Thanks to his business WardrobeTrendsFashion, Sim was successful in the upscale fashion sector before entering the cryptocurrency space.

It’s a media company that shot to fame throughout the Asia-Pacific region. I won two awards: one from Google for best lifestyle website in the Asia Pacific, which includes Australia, and another from another organization.”

He sold the business in the end “for millions,” but his subsequent endeavors weren’t as successful.

He was drawn into a dubious transaction involving dubious businessmen and “a lot of corruption” in an attempt to buy a nuclear power station in Eastern Europe.

Sim had a difficult time because it essentially eliminated the majority of the money he had earned from selling WardrobeTrendsFashion.

But as fortune would have it, he soon received a call from cryptocurrency exchange Huobi asking him to take over global operations.

“Abruptly, they extended a lifeline to me. He says, “They wanted to hire me as the director of global operations, answering to the CEO.

How did Twitter Fame come about?

Sim stands out a little in the cryptocurrency space because he is already well-known in the world of upscale fashion.

Herbert Sim showing his admirers some love (X/Herbert Sim)

That way, when he made the conversion, he didn’t have to rely on selling a tonne of shitcoins to gain popularity fast.

Although he has a respectable X following, his Instagram following is about ten times larger.

While he has almost 2.1 million Instagram followers, he only has 272,700 on X.

He tells Magazine that, unlike now, when you can buy one for just a few bucks a month, he entered the crypto sector with a legacy blue tick on X at a time when the feature was only available to major personalities.

He was validated ahead of former Binance CEO Changpeng “CZ” Zhao and Coinbase CEO Brian Armstrong.

Sim experienced a sharp increase in Chinese followers in 2018 following his leadership of Huobi’s in-house cryptocurrency project, the Huobi token (HT).

In under 13 seconds, the token raised 400 million. As a result, I gained enormous popularity throughout China under the moniker “the Bitcoin man.” Thus, my name is well-known among OGs in China.

Which kind of material appeals to you?

Sim claims that he constantly monitors the activities of Ethereum co-founder Vitalik Buterin and Blockstream CEO Adam Back.

These two boys are the ones I truly watch, and Michael Saylor, who arrived a few years ago, is also present. He’s got me on Twitter as well.

He expresses gratitude to Saylor for his endorsement of Bitcoin and expresses excitement that the CEO of MicroStrategy followed him back, but he still waits for Buterin to follow suit.

What kind of material do you create?

Sim has been in the sector for a while and feels that his voice is becoming a little lost in the throng because so many cryptocurrency accounts are entering the market these days.

“Once more cryptocurrency dudes followed suit, it’s clear that my voice became less and less until I was simply a drop in the ocean. However, that’s excellent news since it indicates that Bitcoin is still growing, he argues.

His X feed features the people he frequently hangs out with, much like an Instagram feed.

Herbert Sim (X/Herbert Sim) with Sebastien Borget, co-founder of The Sandbox

Forecasts?

Sim claims to have stuck to the same audacious Bitcoin price prediction for the past seven years, in contrast to the majority of crypto influencers who chop and alter their projections every time the weather changes.

Since 2017, Sims claims, “I have been singing the same tune: Bitcoin will hit $1 million by 2030.”

Herbert Sim said that the bull market was here to stay in November. (X/Herbert Sim)

Sim is changing his prediction and pulling out his one-time wild card in light of the recent approval of Bitcoin ETFs.

He now believes that by 2028, the million-dollar price tag might be reached.

“Therefore, good luck to those who are panicking right now because they will all be left behind when the bull run occurs, which I’m projecting [at] $148K,” he continues.

He clarifies that his strong conviction that the Chinese will spearhead the next bull run is the source of this prediction. In Chinese culture, the number 148 is significant because it represents “a lifetime of prosperity.”

Sim isn’t one to make bold predictions about meme coins. In contrast to his seven-figure Bitcoin prediction, he is usually more circumspect.