The Bitcoin Thread

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BTC ****ing on everyone’s TA making people look doff! I love it.
 
Ah, I see he has been quite accurate in the past...eeek!

ingham's accurate predictions
When it comes to forecasting Bitcoin price, Lingham has a distinguished reputation and is famously known for accurately predicting Bitcoin price adjustments. He is very shrewd with factors that hold it up, sideways and down, and outside events changing the supply/demand curve for Bitcoin.

In 2013, before Bitcoin reached its first ever all-time high price, the African entrepreneur prognosticated it would reach over $1,000. Truly, the community saw Bitcoin rising to $1,255.

Also, in the first quarter of 2016, Lingham predicted the $400 mark for at least the next quarter when the price was hovering around $100. This once again came to pass.

Fast forward to Dec. 11, 2016, he foretold that if the price exceeded the $800 mark, it will go straight to $900, and interestingly by Dec. 23 Bitcoin was being sold at $911.

In addition, Lingham tweeted in November 2016 that the demonetization in India would push the price up to $1,000 by the end of the year. Just as he articulated, the price reached $1,000 on New Year's Eve.

In early January this year, when there were fears, uncertainty and doubts concerning a Bitcoin bubble, the Civic CEO boldly told Cointelegraph that there won't be a bubble unless price grows over $2,000 by March.

After this analysis, he again said Bitcoin price would resist the $1,300 mark. Obviously, the community has witnessed how, for the past month, Bitcoin has been struggling to reach that mark without succeeding.

Nevertheless, we are now witnessing one more prediction from the Cape Town boy who sojourns in California. This is the $3,000 per Bitcoin he believes will come to light by the end of 2017.
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https://cointelegraph.com/news/vinn...ce-prediction-in-wake-of-bitcoin-etf-decision (although this article is from March).
 
biometrics said:
Not at $5,000 anymore, now is it?
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Stay on topic.
And religion? Let me guess, racist religious crypro nazis?

Tell us more about your religion that frowns on investments.
Also, what are you planning to retire on?
 
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Sabre Wulf said:
Did you watch the video? He said he wouldnt predict at this stage - only a guess.
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I did watch the video. The presenter asked what he thought it would be on 1/1/2018 and he said $3000. Of course it is a guess - no-one really knows, although some people I know who trade Bitcoin use fundamental market analysis (think that is what it is called) to decide when to buy/sell. Not sure something that is primarily used to value shares can be applied to BTC...
 
Chris_the_Brit said:
I did watch the video. The presenter asked what he thought it would be on 1/1/2018 and he said $3000. Of course it is a guess - no-one really knows, although some people I know who trade Bitcoin use fundamental market analysis (think that is what it is called) to decide when to buy/sell. Not sure something that is primarily used to value shares can be applied to BTC...
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Sounds like you went to 26:26 and skipped the rest. Watch 3:00-3:20
He is clear that he doesnt know how the next fork will play out. Thats happening in November. At 26:26 he was put on the spot and asked to say something for the sake of entertainment basically.
 
Chris_the_Brit said:
I did watch the video. The presenter asked what he thought it would be on 1/1/2018 and he said $3000. Of course it is a guess - no-one really knows, although some people I know who trade Bitcoin use fundamental market analysis (think that is what it is called) to decide when to buy/sell. Not sure something that is primarily used to value shares can be applied to BTC...
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Technical market analysis will work for most markets but you have the added caveat that there are many many amateurs trading crypto coupled with an unregulated market that is open to manipulation so the short term game involves lots of depth and candle watching. Nice if you have time. Longer term... very unpredictable.
 
Sabre Wulf said:
Sounds like you went to 26:26 and skipped the rest. Watch 3:00-3:20
He is clear that he doesnt know how the next fork will play out. Thats happening in November. At 26:26 he was put on the spot and asked to say something for the sake of entertainment basically.
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Agree with you there. In addition when Vinny Lingham was asked which five coins he would hold long term, BTC was first, implying he is bullish about it in the long term.
 
Azg said:
Agree with you there. In addition when Vinny Lingham was asked which five coins he would hold long term, BTC was first, implying he is bullish about it in the long term.
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Other things he could have said is, hold nothing or hold some other coin nobody has heard about. He was put on the spot and had to say something for the sake of entertainment.
 
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