Bitcoin investor Tim Draper believes the cryptocurrency is primed for an epic turnaround. His billionaire status depends on it.Venture capitalist Tim Draper thinks cryptocurrency is going to go up more than 10-fold by the end of 2023. He isn’t the only crypto mogul whistling in the dark.in January this year, the venture capitalist Tim Draper offered an ambitious prediction: Bitcoin would hit a whopping $250,000 within a year. At the time, Bitcoin was worth about $41,000.
Suffice it to say that Draper’s prediction isn’t panning out. Bitcoin has lost more than half of its value since the start of the year, plunging from $47,000 on New Year’s day to around $20,000. He is one of four crypto moguls who are no longer billionaires thanks to the digital currency crash. But Draper isn’t backing off. Reached over email, Draper reiterated his price target. “I am more convinced than ever that it is happening,” he said. “By late 2022 or early 2023.
People need to stop trusting the financial advice of those who could care less about your assets than they could to gain from the traction that is created by making baseless claims like this.
He says $250,000 so he can sell earlier when you are still buying at the top hoping it really goes to $250,000 cause that won't be the next top if you ask me.
Meth dealer says meth actually good for you. Great journalism
Bushy brows
forbes need to be liquidated.... looking for fools to buy the bags
More like 28
former
Yeah sure. Don't know how long it would take to get that high,if ever. But,surely,it would recover most of the loss (at short or middle term)...after falling to 11k! :)))
I wonder how much will be lost... 🙄 ..... If anyone reads find your way to $KDA ..... ~~ This is the way ~~
You know someone is promoting a scam when he wears a toothy grin and an outrageous tie. CryptoScam
The 1% looking for greater fools & Forbes is his advertising platform
He has the face of the one that bought at 60k.
He's desperate to rake in other people's money via PumpAndDump.
Why not 18 hours?
of course they do, as if he had a billion at the beginning of the year, he has lost 500 million since, minimum, They need people to buy the ponzi for the ponzi to stay alive and profitable, (if noone wants to buy bitcoin it is worth? --- yes --- $0)
Why do you publish such nonsense? It reflects on you as well 🙄
He’s probably right.
How is this news? It’s like a theonion ‘Enron executive confident that things are turning the corner’
And Biden will start fracking this coming week
The 'former' bit'o it though.
Cool. I just mortgaged my house and bought $578,000 in SHIB.
Yeah, no.
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