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At this year’s Web summit on a panel discussion with Garry Tan, Peter Smith and Jen Wieczner of Fortune Magazine, billionaire venture capitalist Tim Draper reaffirmed his belief that Bitcoin will achieve a price of $250K by 2022. He bases this prediction not only on strict economics but in the paradigm shift that Bitcoin and cryptocurrencies represent.
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I'm still in time to buy 1 BTC
The guesses are in and he is sticking to his. Will he be right?
Drapper is a long term Bitcoin bull. He is on record and not wavering. His optimism is less than McAfee's with a low price target and longer range. In the next three years, could we see a 40 x run up in the price of BTC? Sure.