In a 2014, billionaire investor Tim Draper predicted the Bitcoin price to surpass $10,000 in three years. To put that in perspective, Bitcoin was worth $413 back then.
Within the past three years, Draper has funded both regional and international Bitcoin businesses, including the $1.6 billion Bitcoin brokerage and wallet platform Coinbase, $160 million South Korean cryptocurrency exchange Korbit, and Bitcoin service provider Coinplug.
For Draper, a $10,000 mid-term target of Bitcoin was not an ambitious target to begin with. Draper has been expecting the price of Bitcoin to surge to a few hundred thousand dollars. #CryptoFuture
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* Information source: cryptocoinsnews
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