Crypto ‘Oracle’ Vinny Lingham, the CEO of Civic (CVC), a decentralized architecture for identity protection, believes the price of Bitcoin (BTC) will be range-bound between $ 3,000 and $ 5,000 for at least 3 to 6 months. Winter is coming for #crypto! The Oracle of #bitcoin @VinnyLingham says to hunker down for a brutal stretch. pic.twitter.com/vRHffh0Bf7 — CNBC’s Fast Money […]
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Vinny Lingham bets Ronnie Moas $20k that bitcoin won’t hit $28K by 2019’s end
On the first-ever World Crypto Con’s final day earlier this month, Civic.com co-founder and CEO Vinny Lingham betted Standpoint Research founder and director Ronnie Moas $ 20,000 that bitcoin’s price will not hit $ 28,000 on a “reputable exchange” by the time 2019 ends. The bet’s loser has to donate t…
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There’s Another $20K Bitcoin Bubble Coming, Says Vinny Lingham
Bubble-phobic Civic CEO, Vinny Lingham, has been sounding off about blockchain and cryptocurrency at an event in Johannesburg. His address covered mass adoption in the blockchain industry, and the likelihood of another bitcoin bubble.
Still in its infancy
Lingham cited lack of use cases and scaling issues as current barriers to mass adoption of cryptocurrency. Although the primary uses of cryptocurrency are money transfers and trading, he saw this broadening as the market matures.
He also felt that developers and startups should be in it due to belief in their project goals, rather than the amount of money they can make. Lingham said: