Investors believe in the prospects of bitcoin and the rise in price to $ 250,000

Billionaire and Bitcoin investor Tim Draper has remained optimistic about the cryptocurrency.# 1, despite the strong downward correction that is currently underway.

According to Tim Draper, no later than early 2023year the price of Bitcoin (BTC) will reach the level of 250 thousand dollars. This forecast was made in June, but in July he confirmed it again. It is worth noting that earlier Draper was able to make accurate predictions. So, in 2014, he predicted that Bitcoin would break the $ 10,000 level within three years.

Draper sees a whole range of financial functions in Bitcoin, so he believes that the No. 1 cryptocurrency will become widespread in both developed and developing economies.

On May 15, Draper got into an argument with an entrepreneurElon Musk on the environmental aspect of Bitcoin mining. The billionaire pointed out that the traditional financial sector, particularly the global banking segment, also puts pressure on the environment as a spillover effect of its operations.

Has anyone calculated the energy and the CO2 the existing banking system uses? The buildings, the paper, the bankers themselves?
Maybe Elon should not accept Fiat for cars?#bitcoin

- Tim Draper (@TimDraper) May 14, 2021

The decline in the price of Bitcoin did not lead tolarge investors who spoke positively about this phenomenon would begin to massively criticize the No. 1 cryptocurrency. Thus, against the backdrop of the falling price of the No. 1 cryptocurrency, the famous investor and entrepreneur Stanley Freeman Druckenmiller admitted that he behaved incorrectly when he did not buy Bitcoin, but simply watched as the digital asset “rose from $70 to $17,000.”

He said that he became especially positiverefer to bitcoin after I learned from another investor, billionaire Paul Tudor Jones, that “when bitcoin fell from $ 17,000 to $ 3,000, 86% of investors who owned this cryptocurrency at a price of $ 17,000 were $ 17,000. dollars, they never sold it. " Druckenmiller believes that bitcoin "will exist for at least the next 13-14 years."

The head of MicroStrategy, Michael Sailor, also said in an interview with Natalie Brunell that his company will not sell the purchased bitcoins, whatever the price environment.

MicroStrategy currently owns 105,085BTC totaling over $3 billion. The organization’s first entry into the Bitcoin market took place in August last year. The average purchase price of bitcoins from the company is $37,617 thousand. Saylor admitted that “the best time to buy Bitcoin was five years ago.”

The best time to buy a #bitcoin is always five years ago.

- Michael Saylor (@michael_saylor) July 16, 2021

At the same time, he said that within a decade, Bitcoin will be as widespread in the world as electricity, and the capitalization of this digital asset will reach $ 100 trillion.

Sailor sees Bitcoin as an asset thatin the long run it will become more expensive. However, importantly, the head of MicroStrategy believes that Bitcoin will not compete with the US dollar within the American economy, as he stated in an interview with analyst Scott Melker:

“I don’t think bitcoin can ever becomecurrency in the United States, and I, moreover, believe that Bitcoin should not perform such a function. I am convinced that bitcoin will be treated as an object of ownership, that is, the attitude of the owner of bitcoin towards it will be similar to the ownership rights to buildings, gold bars or shares. "

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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