Vinny Lingham is the CEO of identity startup Civic, and the former founder of mobile gift card platform Gyft.
In this opinion piece, Lingham gives an overview of bitcoin’s recent positive performance, predicting a $1,000 bitcoin before the year’s end, and even a $3,000 bitcoin by 2018.
Since writing “Bitcoin Awakening” in April, bitcoin has moved from trading in the $400-dollar range to the verge of $1,000.
This is the first time this has happened since 2013, as I had forecast in that blog post. But to be even clearer, I said that it would hit $15bn market cap this year, which I’m pleased to report officially happened today when the price breached $934.
But before I break down my thoughts for 2017, I wanted to point out a couple of things.