Speaking about the "Web Technology Summit" in Lisbon, the capital city of Portugal, Draper said: "I think Bitcoin will increase to $ 250,000 by 2022. Believe it will happen. Bitcoin will be $ 250,000, of course. stable, but I do not know exactly how to reach this level right now, "he said.
The famous entrepreneur, known for investing in cryptographic currencies, correctly predicted that in 2014 Bitcoin would exceed USD 100,000 in 2017 against the US dollar, but the value was less than USD 320. According to CNBC, the famous billionaire predicted that total cryptography in September was $ 80 trillion in September. According to Draper, the fall of the cryptographic money market in recent months is such that people do not see digital currency as a new asset class.