SPC Premium Dossier: This “Bitcoin Wildcatter” Who’s Called It Right Since 2016 Predicts $225,000 by 2025

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When I have a question about Bitcoin - or about cryptocurrencies of any kind - there's one person I go to ... one person I trust.

I'm talking about my friend and longtime colleague David Zeiler.

And my respect for Dave is well-founded.

He was an early Bitcoin "miner" – all the way back in 2011, when most folks had never heard the term “cryptocurrency,” and when the bellwether crypto was trading at about $15 a “coin.” Back then, an individual investor could take their shot as a “Bitcoin Wildcatter” … to do a turn as a go-it-alone cryptocurrency prospector.

I can say all this with total certainty – because I know it to be true: Back then, you see, I was the Founding Editor of what would become a $260 million financial publisher – a company we’ll refer to as “Old Double M.” And because I was also Dave’s boss, I got to watch him pull this off.

None of what he achieved is possible today. Bitcoin mining is now the domain of large companies that spend billions on high-powered mining equipment housed in vast, electricity-hungry data centers.

But Dave’s early "immersion" in the field gave him a major financial edge – and the ability to make one uncanny prediction after another about “what comes next” for Bitcoin. And it gave me a ringside seat for this revolution in digital-payment technology.

In early 2016, when Bitcoin was trading at $450, Dave predicted – on the record, in an interview just like this one – that the crypto coin could zoom to $2,000.

And then it would go higher from there.

Much higher, he told me.

Talk about uncanny, insightful … and accurate: Bitcoin did soar – just as Dave said it would. The crypto zoomed past $19,000 in December 2017 – before the entire crypto market nosedived.

Predictions or forecasts are referred to as “calls” on Wall Street and here in the financial-research business. And Dave made correct "calls" again in 2018 – and again in 2019.

Then there was 2020.

On January 8, 2020, Bitcoin was trading at roughly $7,800. And Dave told us here that Bitcoin would zoom to more than $20,000 by the end of the year.

By the end of that year (2020), Bitcoin had rocketed to $29,000. 

That’s right … Dave was right. Again.

I left “Old Double M” at the end of 2021 – and Dave did the same a year or so later. But we’ve remained in close contact, and each found our way here to Substack, where we’re collaborating anew.

So let’s hit the “fast-forward” button from that close of 2020 to the present … in this “middlish” slice of 2024.

A lot of cool new stuff has happened: We just launched Stock Picker’s Corner (SPC) … Dave shared an amazingly prescient “Bitcoin Guide” as we did so … and I’ve again had update requests from my Facebook followers – so I figured this would be a good time to catch up with Dave again.

Especially since he's now predicting that Bitcoin could more than triple over the next 18 months and could reach $175,000 to $225,000 before the end of 2025.

In April we saw Bitcoin’s fourth “halving” event – when the network cuts the supply of fresh Bitcoins in half. These are important milestones: Each of these events in the past marked the start of major Bitcoin rallies.

Back at “Old Double M” – where I spent more than a decade running my previous newsletter, Private Briefing – Dave’s crystal-ball sit-downs with me became a popular-and-prescient annual event.

I’m continuing that tradition here at SPC. With the recent halving, the timing couldn’t be more fortuitous.

Here's an edited transcript of our talk ...