The well-known venture capitalist and cryptocurrency investor Tim Draper has revealed his four-year prediction after holding back his statements in a few interviews some weeks ago. Now Draper, who correctly predicted bitcoin’s price would surpass $10,000 USD per coin by 2018, believes in just four years the price will be $250,000.
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‘Serious Winds of Change’
Tim Draper is a venture capitalist who has a whole lot of money tied up in technology-based investments. Draper is a strong believer in cryptocurrency solutions and blockchain technology. The man has been a pretty popular figure among the bitcoin community for quite some time. Back in 2014, Draper predicted four years before it happened that by 2018 the price of bitcoin would be above $10K. Further, Draper put his money where his mouth is, and purchased 30,000 BTC for an undisclosed price at the U.S. Marshals Silk Road bitcoin auction. The spot price of those coins were worth $19 million at the time, and today that investment should be worth at least $239 million.
Over the past couple of months, Draper has avoided giving his next four-year prediction while being interviewed by the media. But on Friday the 13th of 2018, Draper revealed his forecast over the social media platform Twitter.
“Serious winds (of change) at our block(chain) party last night,” Draper writes to his followers on Twitter.
I predict $250K by 2022
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