Topic: Bitcoin could still crash below $3000 - Vinny Lingham - page 5. (Read 13656 times)
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.
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.
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.
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
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
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
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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.
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 $1250 in that year, I reckon.
I'd actually agree with him on this one. He's not saying that it will happen, rather that it could happen, potentially.
To me though, the bottom of the bear market has already been set, and panic dumping on the scale that we saw in the 2018 bear market probably will not return. Right now, all that I'm expecting is occasional short term dips that come after a period of rallies, and nothing major. Market sentiment has already shifted to the bullish end of the spectrum as well.
Could there be an event in which the previous bottom is tested once more before BTC actually breaking out? Absolutely. But is that likely? No.
I don't think will happen, even if more bitcoin will be sell on market the price will not go so low, so better i wait until bitcoin will be over 10000$ and maybe then i will sell some % of it, but not before.
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.
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.
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.
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.
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
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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’
Quote from: https://cointelegraph.com/news/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.
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.
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.
Still 4 months before a 2 year gap of sub 3k prices. Long tome yet to go.
The last time we saw Bitcoin's price below $3000 was somewhere between August of 2017. The chance is always there but with how the market is currently doing it's looking unlikely.
I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.
I disagree, it's still possible to see Bitcoin sink to $3,000 or less, a regression could happen just like last year when the price was so stable at $6k then rise up to $8k. 
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.
I dont think its possible anymore, to go below $3000, let alone go back to the $3000s.
The market was quite strong above $5200 and today drastic fall has taken place with each and every cryptocurrency in the market, few exceptions were found. This time the price could fall low, but soon can expect a recovery of the same. Vinny Lingham comes up with this kind of predictions often and most of his focus were upon the bitcoin futures.
Meh, he can go and join the others who predicted sub 3k months ago, I'm sure there's plenty of space in that waiting room
Why this stupid so called “experts” releasing statements whenever the market is bullish?
Maybe they're targeting the weak hands and panic sellers who dump their coins at the first sign of a dip. If they read these bearish comments and then later see their btc going down in value, there's a high chance that they'll dump, they'll push the price down and then guys like Lingham and others will buy cheap. IMO it's all mind games, they just want the accumulation phase to keep going.we don't know their real motives why they are saying such things to bitcoin. for all we know, they might be storing bitcoin and even if we are laughing at their "stupid remarks", in the end, they are winning the situation. by the way, who labeled them as so-called "experts" or they are just self-proclaimed ones?
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.
Exactly, halving is getting near so even if bear market will show up, it will go up again eventually. Although it's not 100% clear that we got out of bear market, it seems there's no major news ahead that can take down the upward trend aside from prediction like this that doesn't work. 
Meh, he can go and join the others who predicted sub 3k months ago, I'm sure there's plenty of space in that waiting room
Why this stupid so called “experts” releasing statements whenever the market is bullish?
Maybe they're targeting the weak hands and panic sellers who dump their coins at the first sign of a dip. If they read these bearish comments and then later see their btc going down in value, there's a high chance that they'll dump, they'll push the price down and then guys like Lingham and others will buy cheap. IMO it's all mind games, they just want the accumulation phase to keep going. Jump to: