US gov’t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Tim Draper’s first big Bitcoin prediction came off without a hitch, but he says the current administration is making his second one look bad.

Tim Draper is a prominent venture capitalist, the founder of Draper University and the creator of thetelevision series. He invested early in Tesla, SpaceX and Coinbase and has 254,000 followers on X.

This makes sense, given it’s been six years since he forecast that Bitcoin would reach $250,000 by 2022.— Tim Draper Which is not to say it won’t happen eventually, as Draper has been pretty far-sighted in the past. Around the same time, he made a prediction that Bitcoin would reach $10,000 in three years, and lo and behold, it hit that mark in 2017.he totally nailed his first Bitcoin price guess.

He has politely requested a deadline extension on Bitcoin reaching a quarter of a million, with a timeline that would give a university lecturer a heart attack.Draper accuses the U.S. government of messing up his price prediction. He had expected the growth of blockchain to be reminiscent of the internet era, similar to when he made his earlier investments in companies like Hotmail and Skype.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin price drops as SEC delays decision on Bitcoin ETF, offering new trading opportunitiesAs the SEC delays the decision on Bitcoin ETFs, the BTC price takes a hit. However, automated trading tools can provide new trading opportunities in these uncertain times
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin & Ethereum Prices Dip as Market Turns Bearish, While Bitcoin BSC Nears $5M MilestoneIt's been a difficult 24 hours for Bitcoin (BTC) and Ethereum (ETH) investors, with both cryptocurrencies experiencing corrections. Bitcoin's value has
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin price fights for $26K as US dollar strength hits 10-month highBitcoin battles new 2023 highs for the U.S. dollar amid limp BTC price performance.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Crypto traders shift focus to these 4 altcoins as Bitcoin price flatlinesLINK, MKR, ARB, and THETA are showing positive signs on the chart but they may need a bullish confirmation from Bitcoin before rallying.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin price action culls $30 million longs ahead of Fed Chairman speechBitcoin (BTC) price’s move over the weekend was relatively stable, but volatility picked up at the end of the weekend. BTC dropped 2.61% in six hours,
Source: FXStreetNews - 🏆 14. / 72 Read more »

'Rich Dad Poor Dad' Author Kiyosaki Reveals True Wealth Secret FormulaBitcoin enthusiast Robert Kiyosaki kicks off week with important message
Source: Utoday_en - 🏆 295. / 63 Read more »