Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets 2018 Prediction
HomeCryptocurrency NewsBitcoinist.com

Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets 2018 Prediction

Serial investor and Bitcoin bull Tim Draper has delivered his 2018 Bitcoin price prediction, telling an event audience the cryptocurrency wi...

Leveraging Blockchain Solutions
Ripple Likes Regulation, Requests More from the UK
2.7 TRILLION Bolivars: Venezuela Bitcoin Trading Hits All-Time High

Serial investor and Bitcoin bull Tim Draper has delivered his 2018 Bitcoin price prediction, telling an event audience the cryptocurrency will be worth $250,000 in four years.


‘Believe It, It’s Happening’

Speaking at the 2018 Block (Chain) Party at Draper University in San Mateo, California April 12, Draper, who has a reliable record of forecasting Bitcoin prices, instructed those listening to ignore anyone who was more bearish.

“I’m thinking $250,000 a bitcoin by 2022… Believe it, it’s going to happen; they’re going to think you’re crazy but believe it, it’s happening, it’s going to be awesome!” he said.

Despite the relatively unofficial circumstances of his call, Draper peering into a homemade ‘crystal ball’ before around fifty somewhat underwhelmed spectators, cryptocurrency investors have cause to listen.

Previously, the serial Bitcoin holder had correctly called the rise to $10,000 in 2017 – a full three years beforehand, when Bitcoin prices hovered around $300.

Forgetting The FUD With Tim

Having amassed a huge sum of the cryptocurrency through US government auctions, Draper continues to provide sound bites throughout mainstream media and beyond, weathering negative sentiment and prices troughs.

The San Mateo event was one such example, an effort to plug the benefits of truly decentralized implementations of both cryptocurrency and Blockchain technology.

“The blockchain is one of the most transformational technologies that has happened in the history of the world, and it is totally worth celebrating,” Draper told local news media outlet the Daily Journal prior to the start.

Meanwhile, other investment sources continue to fly against prevailing sentiment that the so-called ‘bubble’ in Bitcoin prices is over and that December 2017’s $20,000 highs marked levels never to be repeated.

As Bitcoinist reported, David Drake, Chairman of LDJ Capital, is eyeing a price point of $30,000 per coin by the end of the year, having appeared to correctly call the turnaround occurring in April.

What do you think about Tim Draper’s $250,000 Bitcoin price prediction? Let us know in the comments below!


Images courtesy of Shutterstock, Bitcoinist archives, Twitter

The post Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets 2018 Prediction appeared first on Bitcoinist.com.



from Bitcoinist.com https://ift.tt/2GYnkfR
Name

Bitcoin News,5117,Bitcoinist.com,4741,Cryptocurrencies,4741,Cryptocurrencies Latest News,5117,Cryptocurrency Latest News,4741,Cryptocurrency News,9858,
ltr
item
Cryptocurrency Latest News: Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets 2018 Prediction
Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets 2018 Prediction
http://bitcoinist.com/wp-content/uploads/2018/04/tim.jpg
https://i.ytimg.com/vi/UMVQAiVRS4Y/default.jpg
Cryptocurrency Latest News
http://cryptocurrencylatest.blogspot.com/2018/04/bitcoin-price-will-hit-250k-in-2022-tim.html
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/2018/04/bitcoin-price-will-hit-250k-in-2022-tim.html
true
1236144943044321696
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy