Venture capitalist Tim Draper thinks Bitcoin 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.
During an interview with Forbes in January this year, Tim Draper offered an ambitious prediction: Bitcoin would hit a whopping $250,000 within a year. At the time, BTC was worth about $41,000.
“This is the year it’s gonna happen,” insisted Draper, who paid $18.7 million at a U.S. Marshals Service auction in 2014 for his stash of around 30,000 bitcoins (yes, that’s $623 per Bitcoin). “By the end of this year—or early next year.”
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