Vinny Lingham Profile picture
Co-founder and CEO @rumidotai. Previously co-founded/CEO @incubetaglobal, @Gyft, @Civickey, @yola, @newtownpartners. Host of @vinnylinghampod 🇿🇦 🇺🇸
Sep 25, 2022 5 tweets 1 min read
I thought I’d share some of my market thoughts on crypto in a🧵.

Right now, the sideways consolidation in the crypto market is signaling that any lower in crypto will only be the result of much worsening macro conditions. (1/5) Throughout this bear cycle, we have seen a number of critical improvements to crypto infrastructure - for example, Solana has become extremely stable and faster, ETH has successfully moved to Proof of Stake, etc. (2/5)
Oct 12, 2021 7 tweets 2 min read
This thread got a bit out of hand. I admit that I was pissed that I couldn't mint an NFT, within 5s of a contract going live. I clearly got sniped by bots. I haven't previously minted at a drop on ETH, and didn't realize how Metamask (badly) handles the gas estimation. (1/7) That said, ETH gas fees make the technology too expensive for mainstream use cases or users. I paid $50 just to run a test transaction to a wallet yesterday. ETH has a lot of good things about it, high gas fees are not one of them. (2/7)
Apr 10, 2019 7 tweets 2 min read
Many people believe that the crypto winter is over. Here are some of my unfiltered thoughts on this topic. Charts & technicals aside, I don’t believe this rally is sustainable for one reason: The market has not yet decoupled the various crypto assets from Bitcoin. This means that as the Bitcoin price rises, so does the price of other crypto’s, irrespective of value. This is a key point - Bitcoin could double overnight, but does this mean other assets should too, even if nothing has changed on their end in term of development, network etc?
Mar 23, 2019 15 tweets 3 min read
I don’t think I’ve been clear on my thoughts on Bitcoin and the various forks, so here is a quick summary. I still believe peer to peer digital cash will win over “Store of Value”, but that doesn’t necessarily mean that it’s BCH or BSV. Outside of BTC, BCH and BSV - the other forks are largely unsupported with tiny communities that have little chance of longevity and are, by and large, either outright scams or very poor attempts at forking a protocol and building community & adoption. They may survive sub-scale.