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Tim Draper Stands Behind His $250,000 Bitcoin Price Prediction for 2022

About six months ago, venture capitalist Tim Draper predicted in a tweet that the bitcoin price would hit $250,000 in the year 2022. In the face of the 2018 bitcoin bear market, Draper is not backing down from his original claim. https://twitter.com/TimDraper/status/984854925552254977 In addition to sticking to his price prediction from earlier in the year, Draper also discussed bitcoin and cryptocurrency more generally at the recent Web Summit event in Lisbon alongside Blockchain CEO Peter Smith, Initialized Capital Managing Partner Garry Tan, and Fortune Senior Writer Jen Wieczner. Sticking to His Guns When Wieczner asked Draper whether he still thinks...

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Why People Are Raving About Initiative Q

Have you heard of Initiative Q, the new non-crypto digital currency? Around five months ago, Initiative Q launched to a select group of people, utilising an invite-only campaign that seemed to go viral. The project was designed Saar Wilf, a former employee of PayPal, who sold a transaction verification firm to the payment giant almost ten years ago. “The hook is simple”. The earlier on users register, the more free currency they receive known as Q’s. there are over two million people worldwide have signed up for the virtual currency and reports have emerged saying that there are over 100,000...

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Lisk (LSK) Reaches Rock Bottom, Presents Significant Upside Potential

Lisk (LSK) is starting to become a soft target for crypto bears. Just a quick glance at the weekly LSK/USD chart shows how the bears have completely obliterated the bullish resolve. If this were happening on Wall Street, a lot of people would be watching Lisk (LSK) and trying to wrap their heads around the possible reasons for this extra bearish momentum. Most of the time, when something like this happens to a stock on the stock market it is either a newly emerging promising stock or a useless old dinosaur that investors are trying to get rid of. However,...

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NEM Up 30%, What’s Caused NEM To fly?

NEM is rarely a headline breaking cryptocurrency, but after recent movements, the NEM project has paved its way to the front pages this week after embarking on a price rise in excess of 30% through the start of this week. As of Saturday, XEM recorded a value of around $0.093, yet by the early hours today, XEM had surpassed $0.12, seeing a price climb of just over 30% during this time. It’s an impressive climb, one that will see many investors very pleased given that this is the first major spike seen in the value of XEM since the mid-April...

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$60 Million Worth Of LTC Processed For Less Than A Dollar

In the cryptocurrency space, transaction fees are a big topic of conversation. Digital transactions are designed to be cheaper in comparison to bank wires. If you look at Litecoin, a massive $62 million transactions were just processed for just fifty cents. Over the past few years, there have been several cases of Bitcoin-related inquiries. Most of the concerns have something to do with the networks transaction fees. The average fee for sending Bitcoin is around $0.37 which is a big difference from the $25-$55 fees that we saw at the end of last year. But back to Litecoin. Fees have...

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