Wall Street analyst Tom Lee is confident that the price of bitcoin will likely reach $25,000 by the end of 2018. Legendary investor Tim Draper predicted that the price of Bitcoin will reach $250,000 by 2022.
When Mr. Draper first announced his long-term investment goal, the crypto-community and investors all agreed that $250,000 was a realistic goal
A price of 250k would mean a $5,000,000,000,000 (5 trillion dollar) market valuation of bitcoin.
I also do agree that this is a very realistic goal. Even with many groups banning cryptocurrencies, I believe that the future is this online currency. Sooner or later, these groups that banned these cryptocurrencies will be forced to buy them, driving the value higher and higher. Agree?
