FANTASTIC !!! --- 3 years ago Tim Draper predicted $10K per Bitcoin by 2018 !

[pooya87]

What's so special in that? Search this Speculation section, you will find many predictions for $10K, some of them with exact timing too. It is not so special in case of Bitcoins and cryptocurrencies to make predictions because there isn't any parameter to do so. This market moves random and every prediction is more or less guess or inner wisdom!

i don't have enough information about this guy (Tim Draper) to say what is special about him but i have seen all the rest of them saying it will be $10k, and i have to say most of them were pretty hyped up because of the 2013 pump/bubble/willyBot incident and they were just saying it and not based on any reason. something similar to the current speculation of random guys saying bitcoin will be $1 million by 2020. it can happen but that doesn't mean all those who say it are making an educated prediction.
it is as they say: even a stopped clock is right twice a day.

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[magneto]

Dang, that's a hell of a prediction. Timing and the actual value are pretty much entirely on point.

However, a bit of luck was involved for sure as well. If he didn't have luck on his side, then this prediction could have been faltered. That doesn't take away that the fact that he literally foretold the world what was going to happen.

Bitcoin's potential is unparalelled as an investment for the past 200 years, at the least. It's the only viable option to take control back from central banks.

[jamids]

He is quite famous now because he was able to predict what the price of bitcoin will be. During those times, many people would think he is crazy speculating for bitcoin to reach that price which is highly unlikely but now people are wishing to go back in time to buy more 3 years ago. It is only a coincidence though that the price he said is right and he is saying it in front of the camera viewed by so many people.

There is also one reddit article that I read around 4 years ago when he predicted as well the price of bitcoin now which is $10,000 and he is claiming he is from the future. Price for next year would be $100,000 according to him. Let's just wait then if his prediction will happen or not.

[Saftention]

anyone can say any price and more analysis is fake to make price bumped

No one can know bitcoin price

[Torque]

One thing to consider, Tim Draper is part of the wealthy elite and may be an insider. Meaning that in the circles that he runs in, he may get insider information that ordinary people on the street don't.

I believe he may have known a year or two in advance about the CME Group launching Bitcoin futures trading, and the NASDAQ Bitcoin futures on the way. He may also be aware of current Bitcoin ETF discussions. Perhaps he knew that once these discussions got underway and launch dates got closer, the price would run up and eventually hit his $10k price prediction.

This is just a guess. Is that insider trading? Well not really, he probably just knew what was being discussed in certain circles and the eventual impact it would have on the market.

[600watt]

I respect the accuracy of his public statement. if bitcoin would have only risen to 2k (which still would have been great) everyone would laughed about him.

[bullioner]

What's so special in that?[...]

Skin in the game.

[Silberman]

But what if he is wrong with it? What are we going to say about him? He is brilliant and call him whatever, but I think this is just a mere coincidence and nothing more. If he has the crystal ball then he's one lucky guy, but I guess he just got lucky with his prediction and no need to sensationalized it.

Don't think he is just s lucky guy.  He invested not only into Bitcoin but into Twitter, Skype and Tesla long time ago.   This points to his brilliant analitics possibilities.

While what you say could be true and his investments in all those companies maybe the result of incredible abilities in order to predict the next big thing you need to understand there is also something called insider trading, so maybe he had access to privileged information that no one else had and he was able to take advantage of it, I'm not saying that happened just that is a possibility.