2016 Has Brought a Bitcoin Awakening

Bitcoin Watch Shop

Vinny Lingham is a CEO of identity startup Civic, and a former owner of mobile present label height Gyft. 

In this opinion, Lingham explains because he believes a cost of bitcoin is headed higher, even if this won’t be a approach outcome of a network’s prerogative halving this year. The post is a follow-up to his widely circulated hostile prediction, released in 2014.

enlightening, spiritual

After reading my post Finding Equilibrium, published in Mar 2014, one could disagree that we was a bit bearish on bitcoin – desiring that it would trade laterally and down until certain fundamentals were in place.

At that point, many people inside a village approaching bitcoin to retest a prior high of $1,255 in 2013 and simply mangle $2,000. In fact, when we surveyed a assembly during CoinSummit in 2014, hardly anyone would take a contrarian view. we did, and this was entrance from a same chairman who rightly likely that bitcoin would strike $1,000 only a year before.

To promulgate my prior post, we argued a following:

  • A miss of trust in exchanges would limit bitcoin purchasing
  • Bitcoin is not a currency, though a commodity (it has given been announced as

    Read more ... source:

    Advertise on the Bitcoin News

    Do you like The Bitcoin News ? Thank you for Support us !
    BTC: 1FVCSiK2ErerjH1kBP4VLS5LqR3YzmVeXf
    ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824