Vinny Lingham has delivered a dose of reason to Bitcoin’s price moon gazers, noting the chances of a $1 million valuation are just 0.25%.
In a tweet Sunday, Lingham, who is known for his level-headed appraisals of Bitcoin’s price performance, agreed with comments from Present CEO Naval Ravikant that “fundamental analysis is impossible” for the virtual currency today.
Read more: https://cointelegraph.com/news/chance-of-1mln-bitcoin-025-vinnie-lingham
Thanks for sharing this informative article. It is good to see that all these people are weighin in on valuation questions for the long term. I just hope we reach 4K by the end of the year haha :). Have fun out there and good luck with future posts!
Thank you :)
Thanks for sharing