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 cryptocurrencys 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?
No one knows what will happen in 2022 and I definitely dont believe this. 250,000 is too much in only 4years. I know The value of bitcoin is increasingly time by time but it will never become 250000=1Btc. Maybe about 10 or more years before btc prices reach 250,000