http://moneymorning.com/2016/05/25/this-bitcoin-price-prediction-sees-a-2016-rise-to-1000/
A Bitcoin price prediction of $1,000 by the end of 2016 might seem over the top — except that the person making it is two-for-two in his previous predictions.
I'm talking about Vinny Lingham, a familiar name in the Bitcoin universe. He gained notoriety among cryptocurrency fans by founding mobile gift card app Gyft in 2012. Gyft allows customers to buy gift cards with Bitcoin.
...
His Bitcoin price predictions have been infrequent, but on the money.
Lingham made his first Bitcoin price prediction at a Bitcoin conference in San Jose in May 2013. At that point, the Bitcoin price was fresh off a run that took it from about $13.50 in December 2012 to $266 in April, then a drop back down to the $115 range.
Lingham boldly predicted that the price of Bitcoin would hit $1,000 by the end of 2013. The audience chuckled at his audacity. While many Bitcoin enthusiasts felt the digital currency would get back to $266 or even $300, few thought it would reach $1,000 so quickly.
....
Lingham made his next Bitcoin price prediction in a late March 2014 blog post…
...
But the Bitcoin community remained undaunted. Bitcoin price predictions of an imminent return to $1,000 — and not long after that, $2,000 — were typical.
Except for Lingham. He flat out said the Bitcoin price would not revisit $1,000 in 2014. Instead, he foresaw a lengthy period of Bitcoin price consolidation in the $350 to $550 range.
...
Now, a little more than two years later, Lingham has weighed in again. This time he's bullish, predicting a Bitcoin price of $1,000-plus by the end of 2016.
...
A Bitcoin price prediction of $1,000 by the end of 2016 might seem over the top — except that the person making it is two-for-two in his previous predictions.
I'm talking about Vinny Lingham, a familiar name in the Bitcoin universe. He gained notoriety among cryptocurrency fans by founding mobile gift card app Gyft in 2012. Gyft allows customers to buy gift cards with Bitcoin.
...
His Bitcoin price predictions have been infrequent, but on the money.
Lingham made his first Bitcoin price prediction at a Bitcoin conference in San Jose in May 2013. At that point, the Bitcoin price was fresh off a run that took it from about $13.50 in December 2012 to $266 in April, then a drop back down to the $115 range.
Lingham boldly predicted that the price of Bitcoin would hit $1,000 by the end of 2013. The audience chuckled at his audacity. While many Bitcoin enthusiasts felt the digital currency would get back to $266 or even $300, few thought it would reach $1,000 so quickly.
....
Lingham made his next Bitcoin price prediction in a late March 2014 blog post…
...
But the Bitcoin community remained undaunted. Bitcoin price predictions of an imminent return to $1,000 — and not long after that, $2,000 — were typical.
Except for Lingham. He flat out said the Bitcoin price would not revisit $1,000 in 2014. Instead, he foresaw a lengthy period of Bitcoin price consolidation in the $350 to $550 range.
...
Now, a little more than two years later, Lingham has weighed in again. This time he's bullish, predicting a Bitcoin price of $1,000-plus by the end of 2016.
...
So this might happen after all
