Price of Bitcoin Will Reach $250K by 2023

Tim Draper predicts a spectacular growth for Bitcoin.

Tim Draper, famous investor and cryptocurrency enthusiast, addressing the conference at Draper University in California, told the audience that Bitcoin will cost $250,000 four years from now.

Draper encouraged the participants to ignore more pessimistic conjectures.

I am thinking $250,000 a bitcoin by 2023… Believe it, it is going to happen!” he said.

Tim Draper also expressed his opinion on the blockchain technology in his interview to the Daily Journal. He said that blockchain is one of the most transformational technologies ever and that it is worth celebrating.

Remember that the investor had previously correctly predicted the growth of Bitcoin to $10,000 in 2017 three years before that.

Do you agree with Tim? Will the price of Bitcoin grow or otherwise? What do you think?