By: Alex Dovbnya
Venture capitalist Tim Draper says that Bitcoin could occupy five percent of the currency market by 2023, which could push its price to $250,000
Bitcoin as a currency
Back in September 2014, Draper predicted that Bitcoin would be able to hit $10,000 in only three years. That prediction turned out to be conservative — the Bitcoin price skyrocketed to $20,000 in December 2017.
Now, Draper claims that he’s more confident about his $250,000 prediction than his previous one.