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Bitcoin News Alerts | Daily BTC News

970: FORMER CRYPTO BILLIONAIRE INSIST BITCOIN WILL SOAR TO $250K WITHIN NEXT 18 MONTHS!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 27 June 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

Venture capitalist Tim Draper thinks Bitcoin is going to go up more than 10-fold by the end of 2023. He isn’t the only crypto mogul whistling in the dark. During an interview with Forbes in January this year, Tim Draper offered an ambitious prediction: Bitcoin would hit a whopping $250,000 within a year. At the time, BTC was worth about $41,000. “This is the year it's gonna happen,” insisted Draper, who paid $18.7 million at a U.S. Marshals Service auction in 2014 for his stash of around 30,000 bitcoins (yes, that’s $623 per Bitcoin). “By the end of this year—or early next year.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The five-pound meal deal from McDonald's.

0:02.7

Get a cheeseburger or mayo chicken,

0:04.7

medium fries, four McNuggets,

0:06.5

and a medium soft drink for guess what?

0:08.4

That's right, five pounds.

0:11.2

It's not called the five-pound meal deal for nothing.

0:14.8

From 11 a.m., not available on delivery.

0:16.8

Carbonated soft drink upgrade fees apply.

0:18.3

Participating restaurants, subjects of availability.

0:21.2

Your Starbucks is ready.

0:23.6

Beans ground.

0:25.0

Milk frothed.

0:26.3

Shots pulled.

0:27.7

Velvety milk poured into a double shot of dark perfection and...

0:31.6

Oh, that's the good stuff.

0:34.1

The baristas are ready.

0:35.6

The finest coffee beans are ready.

0:39.7

The Starbucks you love is ready.

0:43.2

Hello again from the Starbucks coffee company.

1:17.1

In today's show, Google users think Bitcoin is dead. Once again, I'll be sharing with you the five things to watch out for in the Bitcoin market this week, including venture founder here in line with the past having cycles. This is my most viable forecast for Bitcoin before the next having. Bitcoin will capitulate in the next six months and hit cycle bottom anywhere between $14,000 and $21,000, then chop around $28,000 to $40,000 and most of $203,000, and be at $40,000 again by the next halving.

1:27.2

And this just in, Voyager sent notice of default, the three arrows capital for not making payments on its $15,250 Bitcoin loan valued at $324 million. And as Plan B shares here, when money is politicized and

1:30.4

weaponized like the U.S. dollar and the euro, it loses its monetary function. It becomes harder to

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