Tim Draper predicts bitcoin price to rise to $ 250,000 by 2022

The well-known venture investor and founder of Draper Fisher Jurvetson expressed the opinion that over the next four years, the price of "digital gold" will increase about 30 times and by 2022 will reach $250 thousand. It is reported Bitcoinist.

During his speech at Blockparty 2018 at Draper University in San MATEO (California), the investor urged listeners to ignore the opinion of those who give somewhat more restrained and pessimistic forecasts.

"I think bitcoin will reach $ 250,000 by 2022... Believe me, it will happen. They will think you are crazy but believe me it will happen and it will be amazing!"he said.

During the interview with Daily Journal Draper noted that blockchain is one of the most outstanding inventions in the history of mankind.

In 2014, Tim Draper bought almost 32,000 BTC at auction confiscated by US authorities from Silk road trading platform. Then he paid for this number of coins about $ 18 million, but today he owns bitcoins worth more than $250 million.

Earlier, Tim Draper expressed the opinion that the emergence of blockchain, cryptocurrency, crypto-Economics, FINTECH and ICO forever changed the financial market, allowing the economy to involve people deprived of the opportunity to use banking services.
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