Bitcoin Forum

First of all this thread is open for discussions or insights are welcome as this topic is just a speculation or prediction by a man named Tim Draper.

So basically, Tim is a Billionaire venture capitalist and investor and has been one of cryptocurrency’s biggest bulls, technically he earned a lot of profit already from bitcoin. He said that bitcoin price will rise up to $250,000 each BTC! But we all know that the bitcoin price has sunk more than 67 percent from its all-time high. So, for you as an investor or a fan of bitcoin, would you believe in this statement?

We are talking about the future here, we all know that BTC started very cheap from the beginning, but look at it now. Can it really rise again on 2022?

No one CAN predict bitcoin price any more. All the pundits failed on their speculation miserably. BTC is not giving dammn to any speculation and doing it's own thing.

It can very well go back to $1  in 2022 and yes can go to $250k as you said.  But bottom line is no one can predict!  No one ever imagined on december 2017 that on June 2018 we will see worts fll in BTC and a low $6k!!

No, I definitely don't believe this. This is one of those insane predictions that are nearly McAfee status. Bitcoin may hit $100k by 2022, but not a quarter of a million. One thing to notice is if you listen to Tim Draper publicly talk about Bitcoin, it seems that he has an extremely basic understanding of Bitcoin. I have heard him say many things about Bitcoin that aren't accurate at all. He was wrong about Theranos, he will be wrong again with the $250k estimate.

I think it's rather optimistic but anything is possible.

I think $35k by the end of 2018 is highly possible as well, yeah a bit optimistic but I still think this could happen... just my opinion though obviously no one knows for sure whats going to happen

No I don't think that Bitcoin will hit $250,000 so early.Bitcoin's price is down from some time and is not able to recover at that rate.Bitcoin is a cryptocurrency and not much people know about it.Bitcoin is also banned in some nations too.It is decentralised so it is not even backed by the central banks and government also.Some people are also selling their bitcoin because they find bitcoin risky and not worth it.Bitcoin is based on blockchain technology and has a risk of getting hacked.It also does not have that much of market.

No, I definitely don't believe this. This is one of those insane predictions that are nearly McAfee status. Bitcoin may hit $500k by 2022, but not a quarter of a million. One thing to notice is if you listen to Tim Draper publicly talk about Bitcoin, it seems that he has an extremely basic understanding of Bitcoin. I have heard him say many things about Bitcoin that aren't accurate at all. He was wrong about Theranos, he will be wrong again with the $250k estimate.

What I will say to this speculation is that, well... is just 4years time and it is around already. Meanwhile, the price is very high but I will keep hodling if I can because , we can't just predict the happenings of tomorrow.

This is a pretty wild guess, but hopefully it will reach this kind of price!!!  of it does a lot of people will get reach by 2022 and i might be one of them 😀

How on earth did you get to that mumber? This value seems much too exaggerated to me and I can't see some solid reasons for such prediction.
At the moment bitcoin is in some kind of stagnation so the price is not moving up for a long time now. Of course this will change and 2022 is still far away but still I don't beleive we will see such high value.

The statement might be true but looking at the time frame, I don't think is possible. It might about 5 to 10 years for bitcoin to reach a price of $250,000 if all things be the same as we have witness in the past years. But for 2022, It will take a miracle for bitcoin to be at that price.

No one can predict the price as usual as many experts opinions have also failed. I m not predicting the price but still I have hopes on btc and may rally anytime or drop also considering its high volatility. I also want to see many big investors just get in the boat so that the price will be pumped even more and we can expect some new milestones.

Remember you can't be rich if you don't have it stored already. It is when you have it now, the price will then be highly valid and valued at that time but if you waiting till then to buy, brother it will amount to no additional riches.

its all possible after i heard this one
after last night dinner where i was talking to a friend that i had no clue was in crypto as well i heard something that really sux, this dude got 10000 BTC back in 2009 for around 50 cents, he held it and sold some at $1.20 then he said he will hold the rest but over time he did not pay too much attn to it and misplaced his private key for this wallet that for years have over 9000 BTC in it and that are not accessible. now that sux ass and i would not want to switch places with him.

lesson to learn and protect your private keys as you would your life ;-)

Looking at the current price and the rise rate, I don't think it will hit that huge amount very soon. But four years is a lot of years and anything can happen in the crypto community. So let's wait and see what happens in four years. But am very confident that unless something happens to influence the market, we are very likely not to hit that price soon.

I think it could happen, because bitcoin price is hard to guess and very fast increase. as we know in 2017 bitcoin prices jump very far, therefore I believe in the year 2022 bitcoin prices could reach $ 250,000.

I think no now bitcoin is very popular crypto but if you see from 6 months its decrease day by day and now set on range 6500 to 8000 so it's very difficult for bitcoin that it Cross 15000 range I think the highest range for BCT in last of year 18 is 12000 maximum.

yes the real price of bitcoin not 7k but no i dont think bitcoin will hit more than 100k in the next 10 years .

No one knows what will happen in 2022 and I definitely dont believe this. 250,000 is too much in only 4years. I know The value of bitcoin is increasingly time by time but it will never become 250000=1Btc. Maybe about 10 or more years before btc prices reach 250,000

I think it's better to not hope that much of rising in BTC, without hitting that much of price still people can be rich.
So stop doing this kind of thing and start to buy some coin. I'm sure you will not be disappoint.
Thing is we can't sure that ,we will lucky enough to be live until 2022  :D

Nobody knows what the price will be in the future. For now BTC has difficulties to exceed the ATH of 20k, how could someone know if/when the price will reach 100k/200k?

Anyway, anything is possible in Crypto market, but for now the total MarketCap is very low so any unexpected raise of the price has less chances to happen anytime soon.

Until the end of 2018, it is unlikely that the price will reach $ 250,000, but by 2020 such an outcome of events

hope sooo.😂

That is vert much possible if bitcoin can survive till 2022. There will be  a lot of changes in crypto itself in that much time. I will keep investing though as long as it survives.

My target for 2022. is 50000 dollars per bitcoin. But i may be wrong, i had a target of 10000 dollars and it has outperformed nearly double. So maybe it can go higher of my target of 50k, we will see i guess

Reality is not foolishness or empty speculation. The heat and greed from the whales and the few who have a portion of the chunk will never let it get that far before they dump the coins. Get it straight: as the crypto world begins to mature, there will be delineation of the power the bitcoin has over the price on other currencies.

I will be very happy if we get to 25000 USD by 2022. No bank gives you 100% per year. Most of them are able to offer 3% and that's it. Bitcoin gains 700% in year, then drops to 200% gain and people are scared, calling it a crash. Aim at steady 100% measured from the lows and be grateful because it's a huge profit.

This is exaggeration,dont think this can be achieved in just 4 years..

i think it's impossible...cryptocurrency markets don't have space development

if I analyze from that price it will probably move up more than you predict, I bet for 1 million dollars and see it later after passing the next halving

may happen because bitcoin stock is limited to only 21 million coins only

Bitcoin price getting to $250000 by 2022 is pure speculation there is no fact this although it is a wishful thinking and the way we wish it goes.

This is the expectation of all bitcoin users, but unfortunately this seems difficult to happen because market conditions and daily transactions bitcoin continue to decline, but if the year-end bitcoin prices get past $ 25k then I'm sure the $ 250k price could happen in 2022.

talking about a future related to cryptocurrency, surely any time can happen, I think even though bitcoin prices recently have a very sharp decline, this will not close the possibility for the price of bitcoin move one up again, I think it could happen in 2020.

jamesblue1, it is good to use search option sometimes, I open thread about this some two months ago. As you can see users are not too interested for his prediction, I do not know is it because his speculatuion is too low or too high. Yet it is much more realistic then John McAfee speculation of 1 million $ in 2020. But this is all just speculations, no one has a magical orb which can predict the future. Draper is on the other hand interesting because of his prediction back in 2014, and many people like how he think about cryptocurrency.

In any case, we will find out in a few years how accurate he will be this time, if price 2022 reach only half he predict, me and many others will be very happy :)

https://bitcointalk.org/index.php?topic=3314340.0

Factors that will let bitcoin hit 250,000 in just 4 years to come can only be attribute to limited supply of bitcoin, if all bitcoin is mined and it become demanding , then I can agree that bitcoin can be trading at 250,000 usd by 2022. But for now, the fundamental analysis and speculations of its price doesn't make it sound it can be at that price.

I dont think  it will reach $250,000 in 2022. It is only a short period of time and i dont think bitcoin will reach because until now bitcoin value is not so stable at this rate and it is not even have a continuous increase its value even a little.

I think that the next major bull market is most likely going to come at the next halving, or the year after the next halving (so namely, 2020 and 2021), if the trend that has been the case for 3 halvings repeats.

Thus, I don't see 2022 as much of a bullish year at all. In fact, it'd be probably on the way down from a correction from all the hype that is generated by a potential bull market the year before.

But either way, I don't see the next bull market going up to $250k. That prediction is almost McAfee-like. Yes, institutional investors are flooding in atm, but it doesn't mean that $250k is guaranteed or even probable. There will be a huge chance though that this ATH of $20k will be broken during the next bull market. But prices at or beyond 6 figures is something else entirely, as it would require adoption to increase drastically over the next few years, and also see extremely high levels of hype imho.

Well being a billionnaire, it's easy to think tim knows about how to make money. Though btc i think is different. I mean, I think btc has the potential to have that kind of growth but the more people becoming aware of btc, the more they become wary in investing. 2022 is still a very long way to go and a lot of things can happen. Some old guy even went as far as saying btc will hit four times that in 2020. It's open for anyone's speculation

I actually think McAfee is not insane and still has a chance. Sure he is a bit of a troll but his model is pretty solid, we just need to stay above "296 days below" as we were "296 days above" the prediction during the $20k peak. This site for reference:

https://bircoin.top/

For me, it's still a perfectly valid prediction, given how ahead of the curve we went during December. To stay safe, we would need to hit $20k again before October, otherwise we will need to break way above $20k in October to get some air ahead of the mean curve and some margin for the correction. According to the McAfee model, $100k will come in 2019 around September.

I think that there will be likely a new bull market that emerges before 2022 comes around.

But that's not to say that $250k is anything realistic. To me, it's just too high of a price and too high of a percentage gain for BTC to hit without some sort of imminent fiat collapse that happens first to drive the nominal value of BTC up.

The next bull market is unlikely to result in more than 2000% increases from the bottom imho. I think that 6 figures could be a possibility, but $250k is just too far fetched for now.

2022 is like in a million years in cryptoland. None is able to say, none is even able to predict it by the end of this year ;)

We are only in 2018 and it looks like a tough year for Bitcoin we couldn't really tell how much would 1 Bitcoin be in that year,
We all expected this year to be another great year for Bitcoin but at the past month you could really say that Bitcoin is having a huge drop from the beginning of the year.

Many speculators has said something similar to what he has said and I do expect bitcoin to hit $250,000 by that 2022. We have seeing unusual bitcoin price movement since last year and I believe that if the current general bitcoin's price movement continue, then we should be able to hits that value in 2022. We, the traders should however look for the right time to buy bitcoin in others for us to be able to be among the wealthy one in 2022. ;D

In future aspect,I had strongly believe this.I was an investor and a fan of bitcoin, strongly believe in this statement.In single year the price of bitcoin increase to 19k and 18,000 variation.It implies anything will happen in bitcoin .This miracle will occur any moment,hold your bitcoin.

No one would have thought back in 2009 that one day bitcoin could be a multi billion dollar market and each bitcoin could worth more than $6k. So this is the same incident or situation today that no one is believing that bitcoin could one day worth $250k but the entrepreneurs are believing this and that's why they are building the future on bitcoin and blockchain.

This is something that many lines and some sites have said or mentioned that it can be possible. From this stand many will be rich or have achieved goal or something similar. However it is 4 years from how and anything can be happen for this time period. we could see something big. But I say it can be possible if bitcoin crossed 5 digits in price why can it cross 6.

I am still watching old videos where the claims were that at some point Bitcoin could be worth tens of thousands of dollars up to a million, and look what we have achieved. Past believers are the new elite.

I too think that we are still in the same situation and that there is way more upwards growth to realize in the coming years. After a few years we will look back and blame ourselves for not buying more at current prices. :D

I was quietly accumulating last year till the bull run literally demolished my buying patterns. The price kept going up without stopping. I am happy to accumulate again during a calm market.

Estimates suggest that if Bitcoin's seven-year growth trend is to continue, it will cost $ 250,000 in 2020. So it would have happened sooner than the year 2022. Many factors will affect Bitcoin's price in the future and that's its legalization in the world. Respectively, the ban on the use of Bitcoin in certain countries as well as the arrival of new investors. By 2022 it may develop in different directions, but firmly believe that the bitcoin price will certainly be higher than its all-time-high, over $ 50,000.

This type of prediction should not be taken in a literal way, to me this just means the man thinks bitcoin will be very valuable at 2022 and I think that is true but what will be the precise price? No one knows and I think it is irrelevant, will you complain if the price only reached 40k or 50k? Because I will be thrilled to see such a huge price so soon.

Every single prediction that comes with a solid explanation and that person defends on how it's possible to hit that price, I'm believing with such statements that give positivity to the market.
That's more realistic than the other speculations that came out from another popular guy.  :)

No.I don't think so that bitcoin would reach such a big price within next four years as we could see bitcoin price already struggling to cross the 7,000 price range.Even the Last year ATH price was only due to bitcoin futures.So such a big price seems to be unrealistic for me.

Actually making predictions about the bitcoin price in the future is too difficult, which is even now the market is very unpredictable , so how much more in the future? By the ways it's to early to create a speculation about the price in year 2022. Which is for me much better to focus on the current situation of the market not the future. 

I think the prediction amount above is too high for bitcoin to reach such amount by 2022. Although I strongly believe that bitcoin value will appreciate in the nearest future.  

This will never happen in the future. We only need bitcoin up to $ 20,000 again so we can get back my money and withdraw from the crypto market. There are more new ICO projects every day, and this is possible destroy cryptocurrency

All users would hope so, if the price of 2020 reached $ 250,000 of course many banks will disappear because it is not useful anymore, but I'm sure that the price of $ 250k difficult to achieve especially if we look at the price graph in this year that looks difficult to passed the high record in last year.

Bitcoin is the strongest and most popular coin and is highly potential to rise high, but it looks like $ 250,000 in 2022 is too high, I think the highest bitcoin price will be 50k.

In my own opinion, if the price of crytpocurrency will be going to multiply every end of the year then it was possible for bitcoisn to reach $250k dollar by the year of 2022.

Well you have just squeezed the price to 1/5 of the the OP was predicting in 2022 and that seems to be unrealistic and anything above 50 k for next couple of years may not be the gloomy as per the current position . But time can change and may be we all could get some surprise as well.

Easily can happen. If Bitcoin makes the high of 50-60k this year like many are predicting and we get to 2020 with a similar price, I believe the halving could put us over the 6k figure mark. Call me crazy but because Bitcoin progresses insanely fast, who knows we might be discussing a price line of 500k or 1m in 2022, not 250k.

To be honest.In my opinion the price of bitcoin will reach 250,000$.But I was not sure about the time period.I was not clear,this will occur  in 5 years or 10 years.Since the period is not sure we can use every single dip to buy huge amount of bitcoin with your holding money.This may save your future.

I think it is a very exaggerated forecast and have no chance of one day reaching this forecast


the price may go up a lot in 2020, but it will not go up as much as the forecast of $250,000. that is a very high value even, have no chance of reaching that value

If the price really went up to those levels then that will mean that we are in one of the biggest bubbles in history and that we need to get out of it immediately and buy something tangible with our profits, like gold or real estate, after the price crashes you could buy bitcoin again for a cheaper price and start all over again the overvalued to undervalued to overvalued again cycle.

It will be a great issue, if bitcoin will be $10 000 in 2022. You must realize, that the hype is over. There will be no foolish investors anymore. And no institutional investors. You will start again from where your "currency" was born - drugdealing and weapon stuff.

it seems very improbable and it is too expensive for a price of 1 coin, bitcoin in 2022 will only reach the price of $ 100,000...

I don't think Bitcoin will reach $250000 within 2022 as per the current and previous market situation. The highest price Bitcoin can reach before 2022 will be around $100000 as per my prediction. The Bitcoin has good potential and market cap but it cannot go very high price because there are other alts competing with the investors for a good inveting options than Bitcoin.

it is very impossible bitcoin will never be able to rise up to as expensive it is better you do not expect too much with the rise in bitcoin prices up to that expensive.

This is only someones prediction or speculation for this price for some time period. You can do the same and pick some random price, this dont change anything, only one is for sure maybe we will see in that time new ATH or even bigger price. For that time 4 long years need to come and in that time anything can happen.

These people pretending to be "bitcoin experts" and billionaires that got rich in the crypto market or "one of the market strongest bulls" is becoming a pain in the ass because every once in a while one of them comes out to the public to make such declarations in order to attract people , and it has worked for the few 1st times but people got smarter on the way and discovered that many of these pretenders are chilling some coins or have a goal behind the statements they are making .
Please stop listening to such people that have theories that are not backed up by any proof/logic/pattern prediction etc .. And just trust your own guts .

This is what I have been telling people all the time but people do not really listen, why? Because people only want to listen things that are already aligned with what they believe and they are going to tune out anything that goes against it, this is why despite many warnings that the price was too high in December people did not really listened and as a result they lost their money.

I don't think the probability of $250,000 is very high, the probability of $50,000 to $100,000 is very high, the price is now $6,700, and it's possible to go up tenfold in four years.

It's very high or it's not probably happen. I think this year it will only reach $30,000 or below but on 2022 I think it will reach $100000. Due to being unstable of bitcoin price makes us to have a big hope when we used our predictions to get bigger benefits if it's come true.

See now it is in a complete downtrend which we cannot assume how far the price of Bitcoin will reach, to reach high it should consolidate a lot before increasing $250K. Everything is speculation which we cannot able to predict the price of Bitcoin easily.

If you see the price of bitcoin in 2012 then it was just 0.10 $ and after 6 years it is $6000 after reaching $20,000 so in 2022 price going to $250k is not impossible as in one year itself it can go to multi-fold price. In Crypto currency particular in BTC which ever high price you expect can be their. Now all country have started to make rules and regulation, who knows that this rules and regulation can be good for BTC and the price can go to any extent if it got success.

This is all speculation right now,. with the recent price condition this might look as an impossible thing to achieve but who knows!?  no one holds the future!  it possibly can even surpass this price!

There's in no way a crazy valuation by 2020. We are falling again in the same trap as we did when we were in $3000 range in august 2017. "There's no way we will be at $10,000 by Christmas, too soon". Then we hit $20,000. This is how bitcoin worst, it makes you realize that you are thinking in linear terms, and underestimating the exponential growth cycles. The human mind will always fall victim of that. Im not saying it will happen, but it would be a big mistake to claim it's impossible. At the end of the day bitcoin is still tiny, not that much capital is needed to hit 6 figures rather soon.

What's been quoted is very big. In reality if such a value is attained within the year 2022 even the user who has got a single bitcoin will be a millionaire. From my experience the growth will continue to take place in a sustained manner. The halving by the year 2020 too adds support to the growth of bitcoin and other digital currencies.

There are not enough millionaires on earth if each millionaire wanted to own 1 BTC. When you realize this it's obvious 1 BTC will reach $250k and more. It's just a function of price when the supply is limited and constantly shrinking, and demand growing. $100k is coming sooner than most think.

I don't think this will be realistic price for Bitcoin in 2022. Seeing the currenct trend and market situation of Bitcoin I doubt that it can reach that much value in price. There are so much things involved in this price speculation like the demand, supply and the usage of Bitcoin by all the people across the nations. My speculation for Bitcoin in 2022 will be $100,000.

I think $250 000 is too much dont you think so? Maybe higher than $20,000 but not as much as what you have mentioned. It is impossible for it to rise within just a few years. Well, who knows it might happen someday.

I also hope that BTC price will be to that level. Currently I am hosting a large amount of BTC. And I think that BTC price will increase later this year.

I do not know whose perception this is and how it is possible to say something about 4 years later or in future. It is totally out of mind to predict about an unstable market of the Bitcoin because we know that we can not predict the unstable market of Bitcoin.

As we have noticed that almost all the predictions are uncertain and do not show us actual future price. However average improvement is possible which is always increasing with the passage of time.