Quote from: marketone on July 03, 2018, 05:07:48 AM

Quote from: valentine401 on June 22, 2018, 05:19:54 PM

Quote from: jamesblue1 on June 16, 2018, 04:05:00 PM

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?

In my own opinion, if the price of crytpocurrency will be going to multiply every end of the year then it was possible for bitcoisn to reach $250k dollar by the year of 2022.

See now it is in a complete downtrend which we cannot assume how far the price of Bitcoin will reach, to reach high it should consolidate a lot before increasing $250K. Everything is speculation which we cannot able to predict the price of Bitcoin easily.

If you see the price of bitcoin in 2012 then it was just 0.10 $ and after 6 years it is $6000 after reaching $20,000 so in 2022 price going to $250k is not impossible as in one year itself it can go to multi-fold price. In Crypto currency particular in BTC which ever high price you expect can be their. Now all country have started to make rules and regulation, who knows that this rules and regulation can be good for BTC and the price can go to any extent if it got success.