2014 Bitcoin Investor Tim Draper Has Made $120 Million Profits

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A flashback to 2014 will remind us of when billionaire investor Tim Draper predicted that Bitcoin price will reach $10,000 by the end of 2017. As of today, November 27th. 2017, Bitcoin is sitting at $9,771.  

Since 2014, Draper has been one of the most active investors in the cryptocurrency market, alongside Barry Silbert of Digital Currency Group. Within the past three years, Draper has funded both regional and international Bitcoin businesses, including the $1.6 billion Bitcoin brokerage and wallet platform Coinbase, $160 million South Korean cryptocurrency exchange Korbit, and Bitcoin service provider Coinplug. In other words, Draper has …

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