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Author Topic: Tim Draper - Bitcoin Price Will Hit 250 000$ In 2022!  (Read 227 times)
Lucius
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April 17, 2018, 11:00:01 AM
 #41


There are lots of predictions out there with some people saying by the end of 2020 the price could be as high as 1 million. I don’t think prices for Bitcoin will get this high for several years. With all of the volatility in the cryptocurrency markets, there will be down years as well as up years. I think the overall growth will be more steady.

Price of 1 million $ in 2020 is really exaggerated,I think most can agree with that.But most people will prefer to discuss about such prediction and make some calculations how price will get there,rather than comment on some more realistic things.

When Tim Draper says something, I respect it. The reason is that he predicted way back in 2014 that Bitcoin will cross $10,000 in 2017. He did that when the price was languishing in the low hundreds and nobody expected Bitcoin to bounce back. It wasn't empty talk, he put down money to back his views - he bought the Silk Road bitcoins as well.

Unlike some others who just talk(bad or good) about cryptocurrency,Tim Draper was actually investing billions in various projects that are very successful today.I'll just give you one example,Coinbase is one of the most famous exchanges in the world today and Draper is invest 1.6 billion $ in that company long time ago.When we just see list of companies he was early investor : Coinbase, Hotmail,Tesla,SpaceX,Skype and many othes,then it is clear that this is a person who knows how to recognize the real opportunity.

Also he is investing in future of crypto on his university,there you can attend course which is related only to cryptocurrency&blockchain.Knowledge is power,more people who will know about possibilities that blockchain&cryptocurrency offers them means that future for the mentioned looks very promising.

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April 24, 2018, 06:41:55 AM
 #42

Well he got it right on his first prediction but it could also just a huge coincidence. Nevertheless, his experience in this crypto market will still have a bull trend effect because of his good calls.

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