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Tim Draper: A Legend in the Cryptocurrency World – Cointelegraph Magazine

  • Tim Draper is a prominent venture capitalist, the founder of Draper University and the creator of the “Meet The Drapers” television series
  • He invested early in Tesla, SpaceX, and Coinbase and has 254,000 followers on X
  • Draper predicted that Bitcoin would reach $250,000 by 2022, however, it didn’t happen
  • He bought around 30,000 Bitcoin for $19 million in 2014, which is now worth $810.5 million
  • Draper expects Bitcoin to reach a quarter of a million by the end of June next year
  • He accuses the US government of messing up his price prediction by overregulating the blockchain industry
  • Draper’s Twitter following grew naturally over the years and he only posts valuable content about three times a week
  • He follows a select group of trusted individuals on Twitter to stay informed about the crypto industry
  • Draper backs his $250,000 Bitcoin prediction, and if it doesn’t happen, he won’t make any more predictions
  • He doesn’t sound hopeful about the approval of a Bitcoin ETF
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