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Bitcoin Price Will Hit $4 Million

Posted by Thomas Prendergast on April 05, 2019 - 9:24am Edited 4/7 at 3:59am
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Bitcoin Price Will Hit $4 Million
Crypto Market Sets To Rise By 1,000x
According To V.C Billionaire Tim Draper

For the past few weeks, everyone has been paying attention to the Tom Lee Bitcoin price prediction and the Tim Draper Bitcoin price prediction. You see both men are well-known figures in the financial system and they have a history of being bullish about Bitcoin and predicting the next crypto bull run. Even when others in the industry lost faith and started asking questions like is Bitcoin dead, will Bitcoin go back up, will Bitcoin recover, these two men never gave up on Bitcoin. Recently, Tim Draper made another amazing Bitcoin price prediction that placed the price of Bitcoin at $4 million.

Crypto News Today – Is Bitcoin Dead – Bitcoin Price Prediction 2019: Tim Draper Says Bitcoin Will Hit $4 Million

Toward the end of last year, many experts started calling for a Bitcoin bottom as reported in our crypto news outlet. This year, Bitcoin seems to have bottomed out marking the end of the bear market and the beginning of a new cycle that would be marked by a back to back Bitcoin bull run. So, the answer to the question; is Bitcoin dead, is no. Bitcoin is not dead. If Bitcoin is not dead, what does the future hold for the flagship cryptocurrency and the entire market? Well, the Bitcoin billionaire, Tim Draper believes the future is bright.

Tim Draper is one of the most confident Bitcoin traders in the world. During his latest YouTube interview, the billionaire said that the price of Bitcoin will hit $4 million. The interview was posted by TheBitcoinOfCryptoStreet. He reassured the public that he is certain that Bitcoin will become more valuable than fiat currencies. In his words;

“Here’s the way I look at it. There is about $100 trillion worth of fiat currency out there. Fiat currency is poor currency. It’s tied to political whims. It’s tied to political parties. Bureaucrats control it. It’s not really that good for you, and all of the new best, brightest engineers are working on cryptocurrencies. And so my belief is that over some period of time.”

While Tim Draper didn’t specifically say that Bitcoin will hit $4 million, his prediction about the rise of cryptocurrencies says in all. If the cryptocurrency industry rises by 1000 times from its current level, the price of Bitcoin which is currently $4,000 will be about $4,000,000. When asked to go into details about the time this prediction is expected to materialize, Draper said that he isn’t going to put a timeline on it but he is certain that this day would come. In his words;

“I don’t want to go into it in too great of depth, but at some period of time the cryptocurrencies will eclipse the fiat currency. So we’re looking at about 1,000x on what we’ve got now.”

He said that when this time comes, Bitcoin would become so popular that people would be using it more than fiat. He concluding by making reference to the Starbucks Bitcoin coffee deal that is going to allow people to buy coffee with Bitcoin. In his words;

“I think when you go to Starbucks to buy a cup of coffee, and you try to pay with dollars, they will laugh at you because you are not using Bitcoin or other cryptocurrency. They’ll laugh at you – it will be like the old lady paying out with pennies.”

What do you think about the Tim Draper Bitcoin price prediction in today’s crypto news? Is Bitcoin dead or will Bitcoin recover as Draper said? Share your thoughts in the comment section.

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Thomas Prendergast
CEO and Founder

 

 

andrei68 Yarushin Thanks for the info.
October 17, 2020 at 3:51am
Thomas Prendergast If you had bought $20 of Bitcoin in 2008, you would have bought 1000 coins worth $5.5 million as of today. Many of today's alternate coins offer a similar promise in about 10 years. That includes Markethive. If you had started with the first faucet in 2011, you could have acquired 5 coins per submission, say maybe 15,000 coins in a year of consistent daily submissions. Today you would be holding $82 million dollars worth. Do not get discouraged, and do not get greedy. What you need to do, is get educated, active and consistent in your moving forward in this new revolution. See article https://markethive.com/group/marketingdept/blog/what-was-1st-bitcoin-faucet
April 29, 2019 at 9:00am
Edited 4/29 at 9:00am
Anita Narayan The more use value bitcoin acquires, where we can buy everyday items with bitcoin, it will rise to new heights. At the moment I am testing the wirex visa debit card which indirectly within the card lets you convert and exchange and get bitcoin back as a type of cash back reward
April 29, 2019 at 8:22am
Tim Moseley I have to agree with Mr. Draper. At some point, sooner or later, crypto currencies will be as common as autumn leaves. No one knows exactly when that will be, but it seems highly likely.
April 21, 2019 at 8:34am
Thomas Prendergast É um começo digno de nota It is a beginning worth noting
April 19, 2019 at 6:16pm
Mark Bustamonte WOW! That's pretty incredible. We are definitely in changing times.
April 17, 2019 at 10:07pm
Louis Harvey My opinion is to look at some of the other coins that are going to really start making moves like BC, Eth classic, but make sure you do your homework before making your own decision.
April 10, 2019 at 5:35pm
William P. Eason Just having a plan to purchase alittle per week or per month will help accumulate BTC and provide wealth
April 10, 2019 at 8:18am
William P. Eason Just having a plan to purchase alittle per week or per month will help accumulate BTC and provide wealth
April 10, 2019 at 8:18am
David Ogden This would would provide wealth to even those people who gather bits from faucets
April 9, 2019 at 11:04pm
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