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?
Read next
From @jun5