Tim Draper: “Bitcoin will grow more than 25-fold by 2022”

Bitcoin to hit $250,000 by 2022? Investor Tim Draper thinks that is a conservative prediction. “$250,000 means that bitcoin would then have about a 5% market share of the currency world and I think that may be understating the power of bitcoin.” The venture capitalist said he may have underestimated bitcoin when he previously predicted it will reach $250,000 – a figure he first forecast when bitcoin was worth around $5,000 in 2018. A remarkable resurgence in 2019 means bitcoin is currently trading at just above $10,000, though it remains a long way off its record high from December 2017 of nearly … Continue reading Tim Draper: “Bitcoin will grow more than 25-fold by 2022”