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Topic: Experts export bitcoin price to hit $250,000 - page 2. (Read 457 times)

member
Activity: 476
Merit: 14
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American venture capital investor Tim Draper, an early backer of Tesla, Skype, and SpaceX, is one of the most high-profile Bitcoin investors. With absolute confidence that bitcoin is the future currency, Draper announced that he predicts the bitcoin price will reach $250,000 by 2022.

Tim Draper Predicts Bitcoin at $250,000 By 2022
Tim Draper has thrown a cryptocurrency celebration on Thursday, called Blockparty, not to be confused with British indie rock band Bloc Party. The party poster, which was placed in front of his entrepreneurship program, Draper University, made a bold statement: “Tim Draper Predicts Bitcoin @ 250K By 2022”.

The billionaire investor has bought 30,000 Bitcoin in a US Marshals auction in 2014. That amount of cryptocurrency is currently worth about $240 million. If his prediction turns out to be correct, Tim Draper can expect his Bitcoin portfolio to be valued at $7.5 billion by 2022. Draper has said that he will never sell it in exchange for fiat money: “That’s like saying I’m going to take the present and future and turn it into the past. I’m not an antique buyer”, he told documentarian Sharad Kharé in a recent interview.

He announced on Twitter the bold prediction, but a typo jittered his social media following: “Serious winds (of change) at our block (chain) party last night. Predicting bitcoin at $25k by 2022”, he first wrote before correcting the number by adding an extra zero to the future bitcoin price. “Oops! I predicted $250k in 2022. My tweet last night was missing a zero. $250k is the number!”
Article link:https://www.newsbtc.com/2018/04/14/experts-expect-bitcoin-price-hit-250000-2022-heres/

I don't think this thing will happen in 2022 year. Bitcoin need more time to accumulate, base on its price chart. But all everything can happen, no one knows what will happen. Because this market can be overturned by which any one mighty power
newbie
Activity: 98
Merit: 0
his is what I think you will see in BTC

~$15k to $30k Thanksgiving spike, 2018

~$30k to $80k Thanksgiving Bull Run, 2019

~$50k to $250k Halving Bull Run, 2020

Some days I say $80k, other days I feel $250k, but...

2021 I suspect will actually be a very "trying" year. There are numerous things which I think will occur in 2021, which may harm Bitcoin, namely an 'overly optimistic' bull run - And other factors.

Crypto will ultra explode 2021, but say BTC gets to $100k in 2020. That's $1 Trillion per year spent on Hash Security, or $2.5 Billion daily needing to be funneled into Bitcoin to simply maintain, let alone grow.
jr. member
Activity: 280
Merit: 3
250k is only possible in very long horizons after after mining become so difficult that is will not be profitable at all, I guess this heights cannot occur sooner than in 10 years.
newbie
Activity: 154
Merit: 0
Although that it's only a prediction, but with that news it can give positive mood to everyone. It will motivated people to invest in crypto and also invited people to involved in crypto although that they doesn't know crypto at all. We have to minimize any negative news in crypto that can make market bearish.
full member
Activity: 518
Merit: 106
Everyone is sure to have confidence for the price Bitcoin wants to like it, because Bitcoin is getting used up in the mine.
Semkain discharged Bitcoin for the mine it will rise also its price because it is increasingly rare.

I believe for such a thing.
cuo
full member
Activity: 560
Merit: 185
predicting the future as well as forecasting the weather, as long as there is an accurate reference it can happen. to reach 250K USD price will greatly require significant upside movement and boost, but at first let's see what will happen to the crypto currency movement in this year, will it be like last year?
newbie
Activity: 224
Merit: 0
I would be glad if these forecasts were justified. unfortunately, there were already many such statements and they all turned out to be wrong.
member
Activity: 280
Merit: 15
Pool of Stake
There are too many predictions and too little action at the moment. We would have to see too much of a change to even consider the 20k level in the near future.
full member
Activity: 350
Merit: 100
I like this prediction, and it means it will become true Smiley.
But let's BTC goes to $1 before that, so i will be able to buy a little bit more. Or at least let's go to 3k. Why not? It is around mining price and there is a chance BTC will go deep as that. We will buy there using "all in" strategy, and after - UHU and go to the moon!!!
member
Activity: 280
Merit: 14
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I am also sure that the price can reach this value, but it is unknown in what year. Although it is not important for long-term investors.
member
Activity: 140
Merit: 10
Everything is possible. I think that this is real but not in 2022, but somewhere in 2030 - 2040. HODL and are waiting for our millions.
newbie
Activity: 140
Merit: 0
The person who has a lot of bitcoin will be very happy to hear or read this news, the people who do not have Bitcoin will try hard to have bitcoin, this makes everyone trigger, the person who raced to buy Bitcoin, I think this is the assumption to make people bound in Bitcoin.
jr. member
Activity: 322
Merit: 1
This is quite real, I also think that the price will grow many times in 5 to 7 years!
hero member
Activity: 3080
Merit: 603
I think this price is possible but it is if you invest in bitcoin in the long term.
In bitcoin, every price is possible and although $250,000 is high for most we can't tell on how high bitcoin can reach in the future. Crypto isn't only for short term investments but the longer you'll stay, the potential gain not only financially but knowledge is high.
250,000$ in 2022 - easy, why not. Soon the maximum circulating supply will be reached an d no one knows what the price will be, may be there will be a lot of buyers offering 250K$
Maximum supply? the last bitcoin will be mined hundred years from now.
member
Activity: 224
Merit: 10
Although I hope bitcoin can reach that price, if it does, it could mean a huge bubble.
Because bitcoin is still not perfect, there is still more room for improvement. Grin
member
Activity: 616
Merit: 11
$ 250,000 by 2022 Bitcoin will never reach, because even now in its heyday there is no stability and a tendency to stable growth
newbie
Activity: 295
Merit: 0
250,000$ in 2022 - easy, why not. Soon the maximum circulating supply will be reached an d no one knows what the price will be, may be there will be a lot of buyers offering 250K$
jr. member
Activity: 238
Merit: 1
https://www.empirehotels.io
I think this price is possible but it is if you invest in bitcoin in the long term.
jr. member
Activity: 238
Merit: 1
All holders of bitcoin want to increase its value. Dreaming is not harmful) The most important thing is that bitcoin remains the main one with whom all the altcoys and tokens are compared. Bitcoin will grow along with the growth of the total capitalization of all crypto-currencies. When all US dollars and Euros and yuans flow into the crypto world, bitcoin will cost $ 1,000,000.
full member
Activity: 364
Merit: 100
I believe we will see 1,000,000$. This will happen when cryptocurrencies become commonplace.
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