Bitcoin Forum

Bitcoin BTC will be $250,000 by 2022, says Tim Draper
Tim Draper, one of the famous venture capital investor was recently present at an interview conducted by Forbes along with his son Adam Draper.

The interview covered their views on how Bitcoin BTC, cryptocurrency, and blockchain could change the developing world. Both Tim and Adam have been promoting Bitcoin from its early stages. Tim Draper is also the founder of the Draper University and had acquired 40,000 BTC during the silk road collapse in 2014. Adam is the Managing Director at Boost VC which aims at investing in Bitcoin startups.

Both Adam and Tim were asked to state their views on the new cryptocurrencies entering the market. Adam opined that it was amazing to see so many entrepreneurs working towards changing the world with the help of decentralization. According to Tim, it was a mix, some cryptocurrencies could have a profound effect on the government and industries. He added that the rest was just a copy of Bitcoin and had no reason to exist.

The duo was also asked to share their perspective on the existing problems in the blockchain technology platform. Adam spoke about the problem of providing true value to its consumers without any errors and the usability of the products. Tim opined that Blockchain technology was a very creative platform and needed more time to mature. Tim stated that he would want to make all his payments through BTC so that all the accounting could directly be done on the blockchain. He added:

“I look forward to seeing geographic borders dissolve around the world”

Trapper said Bitcoin will be 250000 USD within 2022, John Mcafee said Bitcoin will hit 500K USD 5 Million USD after 5 years. It is very easy to predict the unknown future. We don't know they are right or wrong if their prediction will wrong they will say bitcoin crash or negative news is the reason for this fall or not reach at 250,000 USD. If their prediction will right somehow they would say strongly that they are a very good crypto expert. It is very easy to make people hope, But I don't think bitcoin can go 250000 by 2022. I think Bitcoin will go 50000 USD within the next 5 years.

May God be with us and keep us alive to see the price

can u stop eat everything about what people says ?
no body knows
its just like a bullshit for me.
u know
the logic , they a superstars
they can say everything what he want.
and people just eating without thinking about what they say.

any price above 20$ is gold for me. i am gonna sit and smile on people who buy the tops like a crazy. 1 years ago i was a one of them. then i learn everything about markets, charts etc. now the time for watch.

Now it is really very difficult to foresee something and especially what will be 2022. But I am sure that the crypto currency will grow and develop. It may be that in 2-3 years the crypto currency will become the world currency.

I don't think that will happen, because if that happens then other altcoins will not be balanced and make the market unhealthy, I think that is a very far value to achieve

I think it's more than real. No one could have imagined that bitcoin would grow from $ 1 to $ 20,000. It's just a crazy height that can't help but surprise. So I'm not surprised at anything.

Pure bullshit speculations, people tend to dive unreasonable thoughts just because it's " Crypto ".
We'll be lucky if BTC hits x2 next 6-12 months from where it is right now (10k or 12k).
Crypto is kinda " known " right now, it's just waiting for the mass adoption of the real use case of it to hit new ATHs, other than that it will be in an empty cycle.

Well everyone has its own opinion, i think to reach that target btc has to stay bullish every year, i mean every year the closing shouldbe much higher from previous year for example in 2018 btc should close above last years high so it has to cross 20k and reach ideally 30k, similarly next year it should close at above 60k and so on, only time will tell how btc will move.

At a later date bitcoin can reach this price but I think 2022 is early.Bitcoin is not yet fully known by human communities.

Everyone predicts a good future for bitcoins. But when he grew up in the beginning of the year everyone said investing would be all right. Not who did not predict at that moment that bitcoin will fall in price many times. I would like to believe, but it's better if it's interesting to just look and if there is money, then invest.

Remember to post a source when you bring an article, this time i will do it for you: https://www.cnbc.com/2018/04/13/tech-investor-tim-draper-predicts-bitcoin-will-reach-250000-by-2022.html

When the source is an important medium as Consumer News and Business Channel it affect direct the bitcoin price, and is important to say,this is a 5 months old news, so, no panic about it. this new comes after the $20k rush, and maybe for this point Mr. Draper already change his prediction.

We know bitcoin will have more bumps in the next years, but not sure if $250k will be a dream or a reality, sound just crazy for me but we learned how everything is possible with bitcoin.

I'm here laughing because they are too dreaming, :D anyone here can predict the price of bitcoin and I will predict the price of bitcoin in 2022 $ 700k LOL ,, indeed they are big people and are known by everyone but that does not mean they come from the future and can predict the price of bitcoin correctly