Bitcoin price will hit $250,000 in 2022?

[Stavr1992]

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

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[rockie87]

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?

hope sooo.😂

[yakovs]

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.

[bobo012]

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

[12tribes]

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.

[pixie85]

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.

[taeewo]

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

[ibrahimovic89]

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

[samuraijin]

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

[fenzbob]

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

[stynos]

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.

[Lubang Bawah]

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.

[airdagon]

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.

[Lucius]

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

[oseikuf44]

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.

[apolonio]

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.

[magneto]

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?

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.

[gabmen]

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?

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

[cellard]

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?

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.

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.

[timerland]

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.