Who can beat that? We all love them, because they allow us to dream a little while we wait for the eventual resumption of the bull run. Often formulated by popular personalities of the ecosystem, they are sometimes far-fetchedsometimes exaggerated, but still widely reported by the specialized press and social networks. What are we talking about? From predictions price of Bitcoin of course! 120,000 for Standard Chartered, 160 000 for an independent analyst, 500,000 for the Winklevoss brothers and even 760 000 according to artificial intelligence. Now, all this is rather unscientific and in no way represents investment advice, but because it’s always fun, we’d like to share with you the latest prophecy from Tim Draper. For him, it will be 250,000 dollars within two years. Smile, it’s summer!
Okay, the gentleman had already announced the same thing for this year…
Tim Draper is a seasoned investor who is known in the cryptosphere for having put part of his capital into Bitcoin from 2014long before most of Wall Street. For years, he’s been predicting that the king of cryptos will reach an incredible $250,000 by Junethat is, last month. Clearly, the gentleman was mistaken in a big way ! But far from giving up, he persists in his divination and maintains the quarter of a million of dollarsbut rather in 2 years this time.
Indeed, fundamentally, for him, nothing has changed. Technology is just as formidable and it will eventually explode into the open. Here is the declaration of love to Bitcoin that he made very recently on American television:
« It’s a great system, it’s a great currency, it’s a great way to work. I can’t wait to be able to raise a fund entirely in bitcoins, to invest everything in bitcoins, to have the companies I invest in pay all their employees and suppliers in bitcoins. And that taxes are all paid in bitcoin (…). Because then there will be no more accounting and no more auditing, because everything will be done on the blockchain. Everything will be clear and transparent.
>> If you’re not interested in winning 1 bitcoin, please don’t click on this link (commercial link) >>
… but the regulatory environment has undermined his earlier prediction
As you can see, for Tim Draper, « Bitcoin is here to stay » he declared last Tuesday on Bloomberg TV and if his previous prediction fell through, it’s not his fault, but rather that of the American authorities. Repeated assaults by the SEC against various exchanges have delayed the advent of Bitcoin:
« I didn’t really expect the American bureaucracy to be so aggressive and I thought they would recognize that they have to compete with the rest of the world. »
The absence of a platform regulated and regulatory framework have clearly hindered investment in crypto and have, mechanically, prevented Bitcoin to reach the price he had envisaged at the time:
« They [les autorités américaines] need to provide a platform from which entrepreneurs can thrive, but by having the current regulations that are driven and imagined by the SEC, it’s scaring away all the great entrepreneurs and I think it’s hurt the price of Bitcoin. »
What are we to make of these words from someone who has already invested massively in Bitcoin? One might think that preaching to the choir and that he just wants to be able to sell his billions of satoshis at the best price. But at the same time, he’s not alone in his love affair with technology, and in his belief that it could find a place in society. global finance. Lately we have even seen the giant BlackRock interest in the matter, while some, such as Michael Saylorcontinue to invest relentlessly in an asset like no other. Are all these people on the wrong track? Answer in two years!
If, by the end of this article, you’re still hesitating, there’s really only one choice. Do nothing and let someone else win… or register now with Binance THE leading crypto platform, for your chance to win the game and add 1 bitcoin to your portfolio. What do you decide?