Tim Draper Stands by $250k in 2023We recently spoke to arguably one of the most insightful and successful investors in crypto and emerging technology, Tim Draper, Founder at Draper Associates, DFJ, Draper University, and asked him about his December 2019 prediction that Bitcoin would reach $250,000 in 2023.Based on his prediction and staunch belief in Bitcoin and the potential of decentralized digital currency overalls, we asked if 2021 made him feel like saying \u201cI told you so\u201d yet.\u201cNo, I wouldn\u2019t say that. I won\u2019t say I told you so until it happens,\u201d Draper said. \u201cBut I make my predictions and I stick to them.\u201dWe asked Draper if even in light of the recent dip he expected Bitcoin to cross the $100,000 barrier in 2021 and Draper simply affirmed,\u201cYes. Beyond that.\u201dIn 2014, Draper won 50,000 BTC in US Marshall\u2019s auction, and he invested in over 50 crypto companies with investments including Coinbase, Ledger, Tezos, and Bancor, among others. He is not a Bitcoin maximalist, as he explained, so we asked him, \u201cWhat about Dogecoin? What\u2019s driving it?\u201d\u201cA dog? People like it. It\u2019s cute,\u201d Draper said. \u201cAnd, of course, Elon Musk has been talking about it.\u201dTesla Suspends BTC PurchasesElon Musk has been talking quite a bit about both Bitcoin and Dogecoin in 2021. After months of extolling the strengths of Bitcoin, on May 12, Musk tweeted a statement reading in part, \u201cTesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions\u2026\u201dIf Elon has had a lifting effect on Bitcoin with his support, two days of criticism has had a deleterious effect, dropping 9.5% on Thursday, according to Bloomberg.Not content to simply rain on the parade of more than a year-long BTC bull run, with minor corrections, Musk is actively putting\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Tim Draper Stands by $250k in 2023We recently spoke to arguably one of the most insightful and successful investors in crypto and emerging technology, Tim Draper, [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/4508"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=4508"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/4508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=4508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=4508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=4508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}