Over the past few weeks, it was pay attention to the predictions of the price Tom Lee Bitcoin and forecasting prices Tim Draper Bitcoin. You see, both men are well-known figures in the financial system, and they have a history of being bullish about Bitcoin and predict the next cryptographic bull run. Even when other sectors have lost faith and started asking questions like dead Bitcoin, Bitcoin will come back up, Bitcoin will restore the two men never gave up on Bitcoin. Recently, Tim Draper made another amazing Bitcoin price forecast, which housed Bitcoin price of $ 4 million.
Crypto news today – it's Dead Bitcoin – Bitcoin Price Forecast 2019: Tim Draper says Bitcoin hit $ 4 million
At the end of last year, many experts began to call for the Bitcoin bottom, as reported in our news output crypto. This year, Bitcoin, it seems exhausted marking the end of the bear market and the beginning of a new cycle, which will be marked by the back-to-back bull Bitcoin prospects. Thus, the answer to the question; Sun Bitcoin is dead, no. Bitcoin is not dead. If Bitcoin is not dead, what does the future of the flagship cryptocurrency and the whole market? Well, the Bitcoin Billionaire, Tim Draper believes that a brighter future.
Tim Draper with & # 39 is one of the most confident Bitcoin traders in the world. During a recent interview & # 39; nd the YouTube, the billionaire said that the price of Bitcoin will hit $ 4 million Interview & # 39;. Th was published TheBitcoinOfCryptoStreet. He assured the public that he is confident that the Bitcoin will become more valuable than fiat currencies. According to him,
"That's how I look at it. There is about $ 100 trillion of fiat currencies there. Fiat currency is a bad currency. This is due to political whims. This is due to the political parties. Bureaucrats control. It's not so good for you, and best of all new, bright engineers are working on cryptocurrencies. And my belief is that "for a certain period of time.
Although Tim Draper does not specifically say that Bitcoin hit the $ 4 million it forecast growth of around cryptocurrencies says. If cryptocurrency industry rises to 1,000 times the current level, the Bitcoin price, which is currently $ 4000 will be approximately $ 4,000,000 Asked to go into details about the time the forecast is expected to materialize, Draper said he was not going to put a timetable on it, but it is certain that this day would come. According to him,
"I do not want to go into too much depth, but at some time cryptocurrencies eclipse maternity currency. Thus, we consider about 1,000x to what we have now. "
He said that when that time comes, the Bitcoin will become so popular that people will use it more decrees. He concluded by making a link to Bitcoin transactions Starbucks coffee, which is going to allow people to buy coffee with Bitcoin. According to him,
"I think if you go to Starbucks, to buy a cup of coffee, and you try to pay a dollar, they will laugh at you, because you are not using Bitcoin or other cryptocurrency. They will laugh at you – it will be like an old lady to pay with pennies. "
What do you think about the predictions of prices Tim Draper Bitcoin in modern cryptographic news? Or & # 39 is Bitcoin Bitcoin if dead to recover as Draper say? Share your thoughts in the comments.