Benjamin Cowen, X Hall of Flame
2024.11.19 10:31
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With a crypto bull run on the horizon, you better have some solid reasoning to back up your bold and overly optimistic crypto predictions, says Into The Cryptoverse founder Benjamin Cowen.
“I think people liked seeing me provide reasons for predictions rather than just throwing up rocket emojis and pure doom,” Cowen tells Hall of Flame.
“Sometimes I am wrong, sometimes right,” he says, adding that he is always just giving his “honest thoughts about the market.”
Cowen, who will only say he’s based somewhere in the United States, started creating crypto content in 2019, making this his second bull run. While his 889,500 followers on X know he’s extremely bullish on Bitcoin, the father of four believes a little skepticism never hurts:
“I have previously described myself as a BTC bull with 2 panda bears sitting on my shoulders to keep my FOMO in check.”
Cowen, who is also a well-known crypto YouTuber, had a rather unusual path into the crypto industry.
Benjamin Cowen could have been an astronaut
At one point in time, the Into The Cryptoverse founder actually had a career track leading to space.
While studying aerospace engineering, he landed an internship with NASA but decided that wasn’t for him, and later switched to a math and physics degree instead.
He first heard about crypto sometime before 2013, maybe even back when he was taking cryptography lessons at uni in 2011, although he’s not sure.
Unfortunately for Cowen, when he started to become passionate about Bitcoin, the $13 Bitcoin was just a bit too pricey for the hardworking student back then:
“In 2013 I started actually following it more closely, but I did not really have much money to put into it as I was a poor grad student living off a measly stipend.”
After wrapping up his PhD on “molecular dynamics simulations of radiation damage in ceramics” he landed a job at a national laboratory.
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Cowen says it was the “perfect job.” Or at least it was until “things started picking up” on his YouTube channel in late 2019.
How did Benjamin Cowen build his following on X?
Interestingly, when Cowen started cranking out YouTube content in 2019, he was focused on altcoins. But he says those videos got “almost no views.”
Once he pivoted to start talking more about Bitcoin and Ethereum, the “channel started to grow.”
(X/Benjamin Cowen)
Cowen built up his X following thanks to his crypto content on YouTube, having built up over 100,000 subscribers on the platform within just 10 months.
“It happened so quickly,” he says, explaining it took him six months to accumulate the first 500 subscribers, while the remaining 95,000 subscribers joined within the next four months.
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Now, Cowen has 825,000 subscribers and aims to post a new video daily, plus a few posts on X.
What content does Benjamin Cowen create?
Cowen is a straight shooter with his crypto content, even during a bull run, when, let’s face it, every crypto degen and normie is chasing the next 10x coin.
“I aim to give non-sensationalist, realistic market perspectives,” Cowen says.
He also likes to warn new crypto users about falling for traps, like those tempting high crypto yields that people got caught up in last cycle with the collapse of a variety of crypto lenders.
(X/Benjamin Cowen)
Cowen freely concedes when his predictions are wrong and chooses to follow other influencers who can also admit when they’ve messed up.
“I prefer following people who are willing to admit mistakes and where they were wrong about something and why, rather than someone who feels like they have something to prove,” he declares.
Predictions for Benjamin Cowen?
While we couldn’t squeeze a price prediction out of Cowen, he points out his belief that Bitcoin dominance — the ratio of Bitcoin’s market cap to the whole crypto market — will “go down in 2025, since dominance usually falls after halving years.”
(X/Benjamin Cowen)
His main reason, which echoes what many people in crypto think, is that he expects the US Federal Reserve to move toward an expansionary monetary policy.
“I expect the Fed to transition from QT to QE next year. Last cycle the transition from QT to QE marked the top for BTC dominance,” he says.
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Ciaran Lyons
Ciaran Lyons is an Australian crypto journalist. He’s also a standup comedian and has been a radio and TV presenter on Triple J, SBS and The Project.
