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Vinny Lingham on Satoshi’s misleading notion, Bitcoin vs. Gold battle and when the Bitcoin bubble may blow.
Amid China’s Bitcoin price reaching all-time highs on BTCC, an industry figure has denounced the currency’s use as a tool against capital controls as useless.
Vinny Lingham, co-founder and CEO of Civic.com, predicted that the Bitcoin price will double or triple within the next 12 months.
The total USD value of Bitcoin supply in circulation has crossed a new all-time high $15 bln Tuesday as its unit price continues to climb to the $1000 mark.
The price of Bitcoin went past the $900 margin on December 23, surging to $911 at its peak. Just as Vinny Lingham predicted on December 11, once the Bitcoin price surpassed the $800 mark, it went straight to $900.
Bitcoin is likely to break a new record soon if the Indian angle pans out well. But will it?
Civic CEO and Bitcoin expert Vinny Lingham states that the OTC market is substantially larger than the exchange market, in which 9 figure purchases of Bitcoin is common.
Central authorities and major financial institutions responded to the emergence of Bitcoin by targeting the development of its underlying technology in attempt to distract the real value of the digital currency.
South African internet entrepreneur and Bitcoin enthusiast Vinny Lingham talks about the Bitcoin scene in South Africa.
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