Tim Draper’s 2018 Bitcoin Price Prediction Still Unlikely Two Years Later

Throughout the years, various experts have tried to predict the Bitcoin price, and most of them have failed miserably. Unlike other financial assets, Bitcoin is traded on the free market, which is exposed to many different influences. This makes it all but impossible for anyone to correctly predict the price at any given time.

But none of that is keeping VC Tim Draper from giving it another shot. Enthusiasts may recall how in a 2014 interview, Draper stated how he envisions Bitcoin to hit a $10,000 USD per bitcoin by 2018. Most people will agree this is quite a bold statement, although, given its 2013 bull run as it reached $1,200, it’s not entirely outside the realm of possibilities either.
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