Venture Capitalist Tim Draper Doubles His $250,000 Price Forecast to 2022

American venture capital investor Tim Draper still believes in a bitcoin price prediction he made at the Draper University blockchain party in mid-April 2018. At the time, Draper said he thought Bitcoin could reach $250,000 by 2022, and in an interview with CNBC's Jade Scipioni this week, Draper reiterated his six-figure bitcoin price prediction. Tim Draper forecasts six-digit Bitcoin prices next year Venture capitalist Tim Draper, who owns multiple blockchain and crypto companies, discussed his bitcoin (BTC) price prediction with CNBC this week. Draper is known in the crypto community for founding a number of companies working in the industry. He has also founded organizations such as Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates, and Draper Goren Holm. Draper is best known for buying thousands of bitcoins (BTC) from the US Marshals Service auction, which sold BTC from the Silk Road market in July 2014. At the time, Draper predicted that BTC would reach $10,000 per coin, and this prediction turned out to be correct. This caused people to start seeing Draper as a seer and pressured him to make another prediction as BTC approached the $20,000 region in 2017. Venture capitalist Tim Draper has doubled his bitcoin price prediction of $250,000 by 2022. In 2018, Draper asked, "People asked me, 'Are you going to sell your Bitcoin [for fiat]?' He asks, 'Why should I sell the future for the past?' I say." After several reporters asked Draper for his next bitcoin price prediction, he finally replied on Friday, April 13, 2018. “Heavy (winds of change) (chain) party on our blog last night,” Draper explained to his followers on Twitter. “I predict $250,000 in 2022,” Draper added. Since then, Draper has stepped out of the forecast spotlight and many other investors have had their own Bitcoins for the past three years. Now BTC has been given all-time high price predictions

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