- Chamath Palihapitiya proclaims to acquire Hamptons once BTC price rises to $150,000
- The Billionaire visions to transform Hamptons for working-class families and kids
- Property rates in Hamptons increase by 46% breaching all the old records
Chamath Palihapitiya declares to acquire The Hamptons after Bitcoin (BTC) price reaches the $150,000 mark.
The American-Canadian venture capitalist is about to fabricate his plans when BTC crosses $150,000 mark. Palihapitiya is about to acquire the Hamptons, a holiday destination for the wealthy New Yorkers. The purpose of developing such a goal will tend for a prominent good.
Chamath Palihapitiya recently made the news crystal clear via a tweet.
Palihapitiya is about to give ‘A Blue Sky’ to kids and working-class families by providing them camps and housing at lower rates. He is about to transform the Hamptons into an entirely new county. Hamptons is a cluster of beaches, villages and towns.
Palihapitiya also revealed his next plan when BTC reaches $400,000. ‘Mars.’
Chamath Palihapitiya is one of the Largest Bitcoin Holders
Palihapitiya is the patron and CEO of Social Capital. Also serves as a chairman for Virgin Galactic board. He purchased 1 Million BTC in 2010 at $80, which tends to $29 Billion at current BTC price of $29,822.
Palihapitiya and some of his friends owned 5% of the entire float of Bitcoin, according to CNBC in 2017. Whilst the 2017 BTC rally, the billionaire predicted the prices of BTC would reach a six-digit figure in less than a decade and seven-digit figure in two decades.
In 2014, Palihapitiya, the former vice president of Facebook had at least 100,000 BTC ($2.8 billion at publishing time).
According to his price predictions, BTC is required to rise by 400%.
The Value of Houses in Hamptons breach records
The average rate of buying a house in Hamptons is 46% higher than the last valuations. The Corcoran Group published a study stating a record for all the past sold properties; the calculated prices surged over $1.2 Billion. Such a condition may make it difficult for Palihapitiya to purchase entire Hamptons even with BTC running to such mad figures.
Do you think Palihapitiya can purchase the entire Hamptons?
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