Bitcoin could still crash below $3000 - Vinny Lingham

[buwaytress]

He's just saying what most of us have been thinking for a long time now, whether or not we've been saying it out loud. Don't always agree with these Twitter experts but I can agree with his stuff yesterday about bitcoin needing the rest or crypto to break off and break or make on their own. Tired of seeing them tagging along.

Still 4 months before a 2 year gap of sub 3k prices. Long tome yet to go.

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[Clark05]

I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.

Everything are possible to happen buddy like what happen this pump up to bitcoin we cannot expect a good run for bitcoin after a beaeish scenario but then again its suddenly go down, if bitcoin touch the $3k level then I will buy more.

Yes everything is going to happen, but I want the bitcoin value to rise it more. $3000 value for the bitcoin is not good because once it reach again it will down the value very high because another panic will happen. But if we maintain this value of the bitcoin this year we can see the price of the bitcoin maybe break the highest history price of this coin and turn into $30,000 not $3000.

[Slow death]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Bitcoin Price: Vinny Lingham Warns Of “Another Bubble” Danger

Vinny Lingham Makes New Bitcoin Price Prediction in Wake of Bitcoin ETF Decision

On March 11, the much awaited Winklevoss twins Bitcoin ETF decision will finally be announced by the SEC. South African serial Internet entrepreneur Vinny Lingham posted on Twitter that within 48-hours of the ETF announcement, on the downside, the Bitcoin price will be $850. However, he holds Bitcoin price will be $1,750 maximum (probably $1,500) on the upside.

 

Hard Fork Will Slow Bitcoin Price Down, $3,000 Target Less Likely: Vinny Lingham

With the ETF decision out of the way, the focus in the Bitcoin community has turned back to the scaling debate. While some proponents of an increase in block size are in favor of a hard fork, South African Bitcoin entrepreneur Vinny Lingham feels that this would negatively impact Bitcoin.

the price increased a lot because of the hard fork

Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’

Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark.

I want to see what he's going to say in the coming months.

[Kevin77]

Another "expert" that shares his own opinions. I mean he has the right to tell his opinions so we can't really be mad about it, anyone can have their own version of where bitcoin is going, the trouble is really giving voice to these so called "experts" that doesn't have a clue on what bitcoin is and where it is headed. If anyone with a single technically analysis background checks bitcoin today they would see that bitcoin is not going down that much.

Could it go down from here ? Sure why not, it has before and it can again, but it can't reach as low as 3000 dollars, that option is off the table now, maaaaybe it could in a long long period of time but the option to go higher is much much more realistic for now. That is why nobody should really make moves according to these "experts" in my opinion.

[okala]

That is his own speculation about bitcoin because when it comes to bitcoin market no one can rightly predict what will happen in the future because any thing can happen, to even say he sold his bitcoin at $1250 in 2017 at a time when the market was so promising am sure after he sold at that price he regretted his actions because from then onwards the bitcoin market skyrocketed.

[BUK2016]

Well, the man in question is entitled to his opinion on the market speculation of Bitcoin although, I don't really believe in all his submission because I see no strong sign that Bitcoin will decline or nosedive to the level of $3000 in recent time.

[Adriano2010]

I don't think will happen, even if more bitcoin will be sell on market the price will not go so low, so better i wait until bitcoin will be over 10000$ and maybe then i will sell some % of it, but not before.

[timerland]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Vinny Lingham is known for his bearish attitude on bitcoin during 2017 when everyone was hyperbullish. He also declared that he sold all his bitcoins on $1250 in that year, I reckon.

I'd actually agree with him on this one. He's not saying that it will happen, rather that it could happen, potentially.

To me though, the bottom of the bear market has already been set, and panic dumping on the scale that we saw in the 2018 bear market probably will not return. Right now, all that I'm expecting is occasional short term dips that come after a period of rallies, and nothing major. Market sentiment has already shifted to the bullish end of the spectrum as well.

Could there be an event in which the previous bottom is tested once more before BTC actually breaking out? Absolutely. But is that likely? No.

[Indrawan77]

Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions

[Siren]

Bring it on lol 😂

Would be very happy seeing the price of bitcoin drops even below $1k so this means opportunity to become a millionaire for me with investing only in bitcoins

But the sad part is i have read several predictions about this low yet nothing comes to reality,is there any chance that one of these predictions brings me what wish for?i

Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions

But it seems that the rally end up today?looking at the market this morning just to find out the bloody value of all currency (though there are few still in green)maybe i need to sell out and buy back later,will decide later today

[beerlover]

Everything can happen, we all know how volatile Bitcoin is, and very few people predicted the current bullish movement, but at this point it just seem so unlikely to go to $3,000. If the price will go back to $4,000, then this will start sounding more realistic, but I think if the market will turn bearish again, it will happen in a few steps, and not a single big drop. But let's not forget that halvening is coming in a year, so there's very little time left for a bear market, everyone expects a bull run soon.

Not few people mate, many people predicted this bullish trend and event got so close to the price we will see by this month/next month which really came to reality, but I have not seen many prediction in favors of his own $3000 prediction, so I think for now, the coast is still clear and there is still enough space for the bullish movement to continue till further notice.

Even if the market turn bearish, it will be the major boost for the coin value to shoot to almost $10,000, because as it seems to me now, we have more investors waiting to buy at that dip than investors currently in the market, but we will also keep an key on our analysis and see which direction the price will move to.

[BitHodler]

But it seems that the rally end up today?looking at the market this morning just to find out the bloody value of all currency (though there are few still in green)maybe i need to sell out and buy back later,will decide later today

It's not all that bad. People for once need to understand how markets work. You can't expect the price to keep going up without a serious level of profit taking happening on the way up.

Investors had all the time to accumulate coins well under the $4000 mark, and they are cashing out some of their profits, and I can't blame them with how overbought the market was when it peaked just over $5400.

Is it still a good time to sell? If you're well in the green then it doesn't hurt, but there seems to be a decent bit of support around the $5000 mark, so it's a bit tricky in my opinion.

[The Cryptovator]

I will not surprised if its happen again. Its possible because still I believe we are on bear mode although we have seen a small bull. I can see today bitcoin pull back almost $500 from last day. And I told always we will see a pull back. Not sure how long it will stay, if long time stay below 5K then we might face another pull back. So perhaps we will see again on 3K zone. So nothing is impossible. If we see another pull back then it would be below 4K or if we see another bull it might be above 6K. I am agree with that, if bitcoin not able to stay above 6K then we can't call it bull run.

[Dilladupak]

I think bitcoin will also last longer now, because now the price is also increasing faster in a short time, so I think the price of bitcoin will not drop below $ 3

[bitbunnny]

Everything is possible when it comes to Bitcoin. Current price rise isn't any guarantee that this trend will continue. Bitcoin price can easily change very quickly so price dump isn't excluded. We still haven't broken some recovery limits. Still there need to be some reason for that and I don't think that currently the price will fall down just like that, out of the blue.

[BlueStackz]

If he has sold all his bitcoins in 2017, is it not sending signal that he is just trying to join other in creating FUD to the price he predicted, even though he was a bit diplomatic about his speech, it means he is eagerly waiting for BTC to fall back to $3000 for him to be able to buy again, but unfortunately, his plans would not work for now, people no more believe in news creating FUD and just has he said, $6200 will really place the market on a very fast bull run , so he had better respect himself and the future and invest now, before it gets to $6200 when FOMO will make people like him to start rushing investment.

[barota]

i agree that bitcoin will crash to 2000$ per btc ,  last pump not good at all


The market is dominated by a huge whale whose target is only money


The thing that needs explanation its why users of bitcointalk when prices down they say prices down much , and when price up they say prices up ?!!!

[maxreish]

Oh well Viny's prediction makes sense. There is no impossible that another bounce will perform. I do hope that it will not come to a point that it will bounce down below $3000. If it will hit $6000 and it is possible to happen since the current price is $5100 now, then there is also a big chance that it will not go down at $3000 anymore. Hopefully not.

[bbc.reporter]

We have found our next entertainer for the bitcoin speculation subforum that will replace our favorite bitcoin bull Tom Lee hehehe.

Bitcoin Price: Vinny Lingham Warns Of “Another Bubble” Danger

Vinny Lingham Makes New Bitcoin Price Prediction in Wake of Bitcoin ETF Decision

On March 11, the much awaited Winklevoss twins Bitcoin ETF decision will finally be announced by the SEC. South African serial Internet entrepreneur Vinny Lingham posted on Twitter that within 48-hours of the ETF announcement, on the downside, the Bitcoin price will be $850. However, he holds Bitcoin price will be $1,750 maximum (probably $1,500) on the upside.

 

Hard Fork Will Slow Bitcoin Price Down, $3,000 Target Less Likely: Vinny Lingham

With the ETF decision out of the way, the focus in the Bitcoin community has turned back to the scaling debate. While some proponents of an increase in block size are in favor of a hard fork, South African Bitcoin entrepreneur Vinny Lingham feels that this would negatively impact Bitcoin.

the price increased a lot because of the hard fork

Civic CEO: Bitcoin to Trade Range-Bound for ‘Three to Six Months’

Vinny Lingham, the CEO of identity management startup Civic, said in an interview with CNBC Nov. 26 that the Bitcoin (BTC) price will remain range-bound for several months, while it could break down of the $3,000 mark.

I want to see what he's going to say in the coming months.

However, he might also be similar to the cunning pumper influencers who buy when advice to sell and sell when they advice to buy hehehe. I reckon Brian Kelly is one and maybe also Tom Lee. We know John McAfee is certainly one.

[btc_angela]

Bring it on lol 😂

Would be very happy seeing the price of bitcoin drops even below $1k so this means opportunity to become a millionaire for me with investing only in bitcoins

But the sad part is i have read several predictions about this low yet nothing comes to reality,is there any chance that one of these predictions brings me what wish for?i

Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions

But it seems that the rally end up today?looking at the market this morning just to find out the bloody value of all currency (though there are few still in green)maybe i need to sell out and buy back later,will decide later today

You spoke too soon as the market is very resilient and somewhat recovered at bitcoin goes to $5150 now. If I'm in your shoes, I wouldn't just sell because the market goes into red, you just need to hold your bitcoin because there's a big chance that we can still make it to $6k, and then you can decide if you wanted to sell or not.