Former Crypto Billionaire Insists Bitcoin Will Soar To $250,000 Within Next 18 Months
— Estimated, Week, Million, Draper, Worth, Soar, Insists, Billionaire, Forbes, Billion, Early, Crypto, Months, Bitcoin — 1 min read
Tim Draper thinks Bitcoin will go up 10-fold by the end of 2023. Draper paid $18.7 million at a U.S. Marshals Service auction in 2014 for his stash of around 30,000 bitcoins. Bitcoin has lost more than half of its value since the start of the year, plunging from $47,000 on New Year’s day to around $20,000. Draper is one of four crypto moguls who are no longer billionaires thanks to the digital currency crash. Fred Ehrsam, cofounder and former president of crypto exchange Coinbase, insists the market meltdown is nothing more than growing pains. Source