Bitcoin 250K in 2022?

[Tahir460pk]

If we see the past record oolf bitcoin than must concluded that it's not impossible because as in start bitcoin value is what and now what value so it can be possible that bitcoin will be 250k in 2022.

[agatha90]

Price is extraordinary, predictions are true and false, predictions made by people's minds are sometimes unexpected, I can only wait until the end of this year, whether bitcoin is back up or down. Hopefully the draper team's predictions are correct, and bitcoin became the first currency in the digital era.

[pooya87]

"Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6."

when it comes to long term prediction of bitcoin all you can be sure about is that bitcoin will rise and the rise will be huge. but you won't be able to come up with a number ever!

“Yes. We are talking [...] about five percent market share to get to $250,000.

this doesn't make any sense!

to really do is make it so that Bitcoin can be used to buy Starbucks coffee,

no we do not. to reach $250k is not such a big milestone as you may think. it only requires the same natural growth that bitcoin had so far and the same adoption to get there in a year or two.
bitcoin being accepted in coffee shops such as Starbucks means bitcoin is already near mass adoption and that would mean price around $1 million at least. not to mention that bitcoin is not ready for such adoption!

I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life.

"cryptocurrency" and "bitcoin" are not the same thing. don't get excited about altcoins whenever someone makes a prediction for bitcoin. more than 90% of them will die in a year or two and a lot of them will be replaced by a lot of other shitcoins.

[amonymous]

I don't think confirm
but if Bitcoin popularity increased day by day and every platform can be accepted in Bitcoin then definitely possible.

Against if every countries can be accepted Bitcoin in legal then hope is possible. Actually Bitcoin price unstable we are know so anytime can be touch.bitcoin 250k is possible if Bitcoin supply increased huge.

[SUDARMONO]

it's true and I strongly believe that the price of bitcoin for the year 2022 will be able to reach a price of $ 25,000, because we know the potential price of bitcoin for an increase every year.

[Ridwan Fauzi]

There is no fact if you only rely on a prediction, because predictions will not fully occur. Sometimes I feel doubtful when the price of bitcoin will have a high price that many experts talk about, because in fact there will be many things that will make the price of bitcoin decline. I believe the first factor is the government, they will not make a decision easily to accept bitcoin. This condition will continue to occur, even though at a time when the price of bitcoin rose to several percent but in the near term there will be a bad information on bitcoin and make prices decline again.

[mandor]

if the prediction Bitcoin will reach the price of 250K in 2022 then at the end of this year Bitcoin should have begun to crawl up. some Bitcoin users hope that if Bitcoin predictions will reach fantastic prices will soon be realized. I would believe if Bitcoin would reach 250K if by the end of this year Bitcoin could hit a price of $10000, but I haven't seen any signs of a rise the price in Bitcoin at this time.

[Bit_Happy]

"Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6."

https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022

“Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say ‘I’ve got this choice.’ [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I can’t use it anywhere else?”

I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life.

Arguments for or against his accuracy?

With the ugly "ICO Game" the same or dramatically improved?
With a single... <snip>
The future is almost limitless..    //  Stay Tuned   

[owengtam09]

I don't think bitcoin will reach for up to $250k in 2022 even if we still have 4 years to wait. I think it is still impossible to happen. $250k is too large amount from the last ATH's last Dec 2017. I think $20k can be possible to happen again in year 2022.

[naufals4]

yes it might happen, as time goes on bitcoin will be accepted by the public, as the example you gave starbucks will accept bitcoin as a payment tool so many people will buy bitcoin in the future and the price will continue to rise

[Eirecoin]

Omg, I hope so if you know something else from the future tell us xd. I am willing to save my bitcoins and not spend even if I am starving or in the brink of death. But who knows, that is only speculation. No offense lady but I think the maximum that bitcoin can reach in 2022 is like 15k $ again. I have researched and read a lot maybe I will make a post about it too in the next few days. Good day

[3kpk3]

Lol. I doubt this will happen anytime soon. I can see Bitcoin touching such a value only after it goes mainstream which could most likely take a decade in my opinion. I feel that Bitcoin could reach $30000 in 2020 and will continue soar past that point.

At the moment, there is no news suggesting that Bitcoin will go back above $10000 which is why I am looking forward to 2019. The ETF proposal approval or refusal will lead to a big disruption in the market(Positive or negative based on the news).

[Olalomi]

For this prediction to come pass Tim Draper should consider other unfavorable oppositions to bitcoin originating from unfriendly countries which of course is stumbling block to achieving that price benchmark, and the predicted price is a pure exaggeration and gimmick to lure potential investors which I believed is a welcome idea.

[bitcoinisbest]

Well, if more marketplaces and platforms are made using Bitcoin it would speed up the rising price of Bitcoin. For example, if Amazon accepted Bitcoin, overnight the price would probably double.

More and more btc gets accepted and started using by various businesses it will help bitcoin community as demand will keep rising and eventually the prices will also keep rising. Though cannot predict the target of 250k by 2022. But should be 50k above if things remain smooth and have a positive significance on the economy of the world.

[clonely]

"Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6."

https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022

“Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say ‘I’ve got this choice.’ [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I can’t use it anywhere else?”

I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life.

Arguments for or against his accuracy?

250K can be ATH for Bitcoin. However, this is not a price that can easily be caught. Nevertheless, Bitcoin made these rises.

[aoluain]

So hes basing this prediction on market share, which is fine but its hard to know what route bitcoin will take and how much adoption is going to happen in the next 3 or 4 years. Its great to hear some positivity.

so far, bitcoin has not shown the potential to be able to have prices above $ 50000, so don't expect high prices. well, maybe for $ 20k it's good enough for the price of bitcoin, moreover if the price is stable, it will definitely shake the world.

Shake the world is right. Think about it all bitcoin reaching $20,000 would be a big
deal. Hitting $50,000 would bring the fudders out in droves as well as bring speculators
in looking for their slice of action which would pump the price further.

[pinkpanther03]

"Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6."

https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022

“Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say ‘I’ve got this choice.’ [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I can’t use it anywhere else?”

I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life.

Arguments for or against his accuracy?

I remembered 3 years ago, I read here in some crypto news that there some bitcoin experts predicted that Bitcoin at 2025 will become 100K$ each. Which is for me its not impossible to be happen, but with this prediction by Tim Draper for him by 2022 bitcoin can reach the value of 250K$, sounds like not realistic and attainable in my opinion only. Though it maybe or maybe not possible to be happen too.

[ridertiger]

I dont listen to Tom draper anymore but I agree that everyone would want a currency they can use anywhere in the world.

[Olaiasal11]

Guess and reality are not the same. He just presents one of his guess here. Which may not be in reality.
 But we want everyone to reach bitcoin higher by 2022.

[Rune]

Tim was smart to buy up a good amount when he did but he is dreaming the insane volatility we seen adn 10x run ups are don't going to keep happening forever.
We need real world adoption and implementation to see those kinds of prices not just speculation eventually the people will to bet on it going higher run out of money to add to the pot.