Post
Topic
Board Speculation
Re: Bitcoin Price On Way To $250,000 By Q1 2023: Tim Draper
by
Losvienleg
on 12/08/2019, 15:53:18 UTC
That is always a good thing to hear someone rather 'important' say he does believe in Bitcoin. It helps building credibility.
(Well most of the time, McAfee is an exception to this I think! Cheesy)

2023 is roughly three years and a half away from now.
Price is actually 11 370$.

Reaching 250 000$ by would mean a 238 630 US dollar price increase.

Is it feasible? Yes it is.
It is something certain? Definitely not.

I was quite deceived by the krach that followed the 20k$ bull run back in 2017.
Hence, I am a bit more pessimist about the future, but still this is just my random opinion, and anything could happen in the tech sector.

If I came back to Bitcoin after some time away, this is because after thinking for a while about the underlying tech, I came to the definitive conclusion, that it is promised to success.

Bitcoin is the next step in the development of technology that started after we entered in the dot-com era at the turn of the century.
So for sure 250 000$ will come some day, probably in the next decade.
But 2023 may still be a bit too early.
But anything can happen! And markets are not an exact science so only time will tell!