Renowned venture capitalist Tim Draper has once again made a bold prediction—Bitcoin will surge to $250,000 within six months, with a long-term target of $10 million. It sounds a bit crazy, but this guy's track record speaks for itself: in 2017, he accurately predicted Bitcoin would break $10,000 (back then it was still hovering around $180), so the market can't completely ignore his voice.



His logic is actually simple and straightforward: the US dollar is continuously depreciating due to inflation and high debt, and in this macro environment, Bitcoin's appeal as a scarce asset keeps strengthening. Plus, recent regulatory attitudes have improved, stimulating enthusiasm among institutions and retail investors. Although his previous target of $250,000 in 2022 didn't materialize as expected, Draper remains steadfast. His reasoning is: this time is different; the macro environment is indeed changing.
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WhaleWatchervip
· 16h ago
Draper really dares to say that, $10 million? LOL, let's wait until the $250,000 is cashed out first before bragging. --- It's the same old argument about the dollar devaluation... but thinking about it carefully, it actually seems somewhat plausible? --- That wave in 2017 was indeed very accurate, but can it be replicated this time... a 6-month surge like that? Probably overthinking it. --- Regulatory improvements are indeed a variable, but Draper's prediction frequency is also way too high. Just take it as a reference. --- Institutional entry is real, but retail investors' role as bagholders is also in their DNA. Who will be the ones to top this wave? --- Basically, it's just betting on the dollar continuing to tank. I understand the logic, but timing is always the biggest pitfall. --- How many times has he repeated the figure of $250,000? And the result? Well, let's keep waiting, everyone.
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MemeEchoervip
· 16h ago
That guy Draper is bragging again, but whatever he says, I only listen at 80% of the price.
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GasFeePhobiavip
· 16h ago
Draper really knows how to dream big, he truly dares to say 10 million... But to be fair, his 2017 predictions were indeed not bluffing. Why is it so hard to believe this time? Looking at the regulatory side, there are indeed some signs of loosening up, which is quite interesting.
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BrokenRugsvip
· 17h ago
Draper is back again, always with the same tune. What happened to the 250,000 in 2022 last time? I mean, the logic isn't wrong, but predicting the same thing every year—just listen and forget it. 250,000 within half a year? I'll wait and see how Bitcoin performs this year first, don't want to get cut again. Honestly, he was accurate in 2017, but being precise continuously up to now is a bit unrealistic. It feels a bit like "The Boy Who Cried Wolf." The devaluation of the dollar is indeed a hard truth, but how high the price can go still depends on the true attitude of the institutions. Every time a big shot makes a hype, the crypto circle starts to stir again. If you ask me, staying steady is the safest bet. 10 million USD? That's a joke. This guy is getting bolder and bolder.
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