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?
Bitcoin is the strongest and most popular coin and is highly potential to rise high, but it looks like $ 250,000 in 2022 is too high, I think the highest bitcoin price will be 50k.
Well you have just squeezed the price to 1/5 of the the OP was predicting in 2022 and that seems to be unrealistic and anything above 50 k for next couple of years may not be the gloomy as per the current position . But time can change and may be we all could get some surprise as well.