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Venture capitalist and billionaire Tim Draper confirmed his belief that Bitcoin should reach $250.000 by 2022.
Some details about the mysterious IMMO project leaked into the media this week, no one has any official or verified information on this confidential project though.
Tim Draper during his recent “Draper Block(chain) party” in California said that Bitcoin could multiply thirty times from its current price.
Bitcoin now surges past the $9700 mark coming close to its targets of $10,000. The overall crypto markets turn bullish with a total cap of over $300 billion.
Bitcoin millionaire Tim Draper shared opinion that ‘in 5 years if you use fiat currency, they will laugh at you.’
Tim Draper calls the SEC decision preemptory and too far-reaching and says regulation for the sale of coins to investors needs to be light.
New cryptocurrency Credo, financially backed by Mr. Draper, makes it possible to fight spam, which has gotten out of control.
A blockchain-based smart contracts platform is in the process of running its ICO, which already brought the company a record amount of funding.
A well-known investor in Silicon Valley will for the first time participate in the initial coin offering, which is set to be launched later this month.