Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jaephoenix on December 11, 2022, 08:02:43 PM
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More than 14 years have passed since this white paper was published and it defined the term "bitcoin" while the decentralized digital currency with the same name began to be used one year later. Right now, the iconic cryptocurrency that got very near to the US$70,000 threshold is below US$17,000. The 52-week low is US$15,480, while the highest value of the same period sits above US$52,000. However, venture capitalist Tim Draper thinks that a nearly 1,400% increase is possible in less than a year.
Do you agree with this?
Source
https://www.notebookcheck.net/Tim-Draper-Bitcoin-will-hit-US-250-000-by-mid-2023.673503.0.html
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Am sure that many Bitcoin enthusiasts and supporters would like the idea of a great jump for BTC be realized in 2023 and beyond. However, realistically speaking, we know that the market right now is down and people's trust and confidence on cryptocurrency can take time to get back and be making the waves needed for a bull run. Certainly, I am hoping for it but am not that fool to be depending on someone's opinion - someone who is solidly propping up BTC anytime there is an opportunity to do so. But let's just thank the man for doing his share...and just wait on how the market can be working and behaving in the next few months.
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