"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-2022Yes. 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 Ive 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 cant 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 have been hearing a lot of prediction about Bitcoin price going to the moon. I have not seen any of these prediction have been correct. I am happy to hear more to keep myself motivated, but deep inside I know they are only speculation and it would never happen.
I want the price to go to the moon, but I know it will take time. Untill then I am happy to hear more prediction like these.