Today I used my phone camera to read a qr code for the first time. It was very fast, and it read exactly the address that was in my qt wallet.
Before it, I thought it was not going to work. I thought that I would need a better camera, or some specific sensor that would only come with the most expensive phones. But I was wrong.
The technology is right there, and is easily accessible (my phone is very cheap, because I dont like big phones). We dont need debit cards to use it, just a phone and qr codes.
You see, its just a question of trying. If people give it a try, they will see that it works.
Just let the 21th century start. Just let it go, and we will have 250k by 2020.
Topic: Bitcoin 250K in 2022? (Read 662 times)
Arguments for or against his accuracy?
I do not believe this is possible.
He made this prediction:
Bitcoin Price Will Reach $10,000, Might Take Another Year: Tim Draper
He hit the prediction and then he made another prediction:
Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Years
Market Cap: $204 billion
we will see in 15 years if he is going to hit on his prediction
"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-2022
“Yes. 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 ‘I’ve 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 can’t 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 think $250,000 is too much and it very hard to believe that the price of per bitcoin will reach that price. Even it seems to be happen still it is speculation to the market there is a chance that it could not happen. I think in the year 2022 the price of bitcoin will become $50000 and I think it will be the highest price per bitcoin. https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022
“Yes. 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 ‘I’ve 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 can’t 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?
It is still possible I believe for BTC price to hit $250k in the next few years. A price surge upward from $6k to almost $20k happened last year, there is no reason for it to not happen again. The opposite could happen too. What's important is that we should be ready whatever outcame it may be.
For me $250k is only a dream. Considering the situation this year. I think bitcoin will have a hard time reaching that price. I believe that bitcoin will grow again. But $250k is too high.
I think in 3 years many things may change but the growth should be. The amount of $ 250,000 for bitcoin is crazy, but people did not believe that it would be more than $ 10,000 not so long ago so everything is possible. Let's be patient and see what happens !
$250k could happen by 2022, but it would sit there for a day or 2 then over the coming months would crash back down under $100k. If compare the 2013 peak price of $1k, the next peak of $20k in 2017 was 20x that. 20x that peak is $400k for 2021, and $250k is only like 12x the last peak. Those saying this is impossible - this is actually more likely than someone saying in 2014 that in 3 years price would be $20k. It's certainly not guaranteed, but it is definitely plausible.
You are talking about a marketcap of 4.250 trillion dollars give or take. 250 thousand dollars per bitcoin times 17 million bitcoins give or take would mean about 4.25 trillion dollars in total. Nothing impossible but definitely a lot more than you would imagine from a coin that is capped at around 120 billion or so for the past 5 months. That is an insane amount of increase if it happens but I doubt it would be possible anytime soon, could it happen in 20 years? Sure. Could it happen in 2020 ? Don't think so.
Even the big stock markets like NASDAQ and NYSE needed decades before they could reach that levels even with all companies that were public listed on those two they still failed. Which means bitcoin can definitely reach there but would take a lot longer than just couple years for it to get there. Crypto in general could reach there far faster of course.
Even the big stock markets like NASDAQ and NYSE needed decades before they could reach that levels even with all companies that were public listed on those two they still failed. Which means bitcoin can definitely reach there but would take a lot longer than just couple years for it to get there. Crypto in general could reach there far faster of course.
"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-2022
“Yes. 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 ‘I’ve 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 can’t 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?
https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022
“Yes. 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 ‘I’ve 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 can’t 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?
This is pure speculative drivel. Nobody can tell what is going to happen next week, talk less of 2022. I was told early 2018 that it will trade @ $50K. It is now trading less than half its value when that prediction was made.
Bitcoin will reach what seems to be impossible and btc has proven it when it skyrocketed to $20k last year. Wishful thinking yeah $250k is achievable in its own time. It's growth will continue for as long as many would remain supporting btc.
If we see the past record oolf bitcoin than must concluded that it's not impossible because as in start bitcoin value is what and now what value so it can be possible that bitcoin will be 250k in 2022.
I do not think that Bitcoin can reach this price in 2022. Yes, it will cost much more, but to get the hit of a quarter of a million, it will need much more time. Probably, a 7 of years must pass.
If we see the past record oolf bitcoin than must concluded that it's not impossible because as in start bitcoin value is what and now what value so it can be possible that bitcoin will be 250k in 2022.
Nothing is impossible in crypto but 250K dollars is a serious high amount and at the current date this seems like a dream which can never be become true. But then seeing the limited supply of bitcoins, we can see any price of bitcoin in the next 3 to 4 years.
If we see the past record oolf bitcoin than must concluded that it's not impossible because as in start bitcoin value is what and now what value so it can be possible that bitcoin will be 250k in 2022.
Nothing is impossible in crypto but 250K dollars is a serious high amount and at the current date this seems like a dream which can never be become true. But then seeing the limited supply of bitcoins, we can see any price of bitcoin in the next 3 to 4 years.
Tim was smart to buy up a good amount when he did but he is dreaming the insane volatility we seen adn 10x run ups are don't going to keep happening forever.
We need real world adoption and implementation to see those kinds of prices not just speculation eventually the people will to bet on it going higher run out of money to add to the pot.
We need real world adoption and implementation to see those kinds of prices not just speculation eventually the people will to bet on it going higher run out of money to add to the pot.
Guess and reality are not the same. He just presents one of his guess here. Which may not be in reality.
But we want everyone to reach bitcoin higher by 2022.
But we want everyone to reach bitcoin higher by 2022.
I dont listen to Tom draper anymore but I agree that everyone would want a currency they can use anywhere in the world.
"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-2022
“Yes. 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 ‘I’ve 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 can’t 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?
https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022
“Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say ‘I’ve got this choice.’ [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I can’t use it anywhere else?”
I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life.
Arguments for or against his accuracy?
I remembered 3 years ago, I read here in some crypto news that there some bitcoin experts predicted that Bitcoin at 2025 will become 100K$ each. Which is for me its not impossible to be happen, but with this prediction by Tim Draper for him by 2022 bitcoin can reach the value of 250K$, sounds like not realistic and attainable in my opinion only. Though it maybe or maybe not possible to be happen too.
So hes basing this prediction on market share, which is fine but its hard to know what route bitcoin will take and how much adoption is going to happen in the next 3 or 4 years. Its great to hear some positivity.
so far, bitcoin has not shown the potential to be able to have prices above $ 50000, so don't expect high prices. well, maybe for $ 20k it's good enough for the price of bitcoin, moreover if the price is stable, it will definitely shake the world.Shake the world is right. Think about it all bitcoin reaching $20,000 would be a big
deal. Hitting $50,000 would bring the fudders out in droves as well as bring speculators
in looking for their slice of action which would pump the price further.
"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-2022
“Yes. 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 ‘I’ve 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 can’t 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?
https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022
“Yes. 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 ‘I’ve 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 can’t 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?
250K can be ATH for Bitcoin. However, this is not a price that can easily be caught. Nevertheless, Bitcoin made these rises.
Well, if more marketplaces and platforms are made using Bitcoin it would speed up the rising price of Bitcoin. For example, if Amazon accepted Bitcoin, overnight the price would probably double.
More and more btc gets accepted and started using by various businesses it will help bitcoin community as demand will keep rising and eventually the prices will also keep rising. Though cannot predict the target of 250k by 2022. But should be 50k above if things remain smooth and have a positive significance on the economy of the world.
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