{"id":221417,"date":"2018-01-26T10:30:48","date_gmt":"2018-01-26T08:30:48","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=221417"},"modified":"2019-07-15T15:45:32","modified_gmt":"2019-07-15T13:45:32","slug":"bitcoin-vs-ethereum-vs-litecoin-what-vinny-lingham-is-looking-to-buysell-and-hold","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/221417\/bitcoin-vs-ethereum-vs-litecoin-what-vinny-lingham-is-looking-to-buysell-and-hold\/","title":{"rendered":"Bitcoin vs Ethereum vs Litecoin &#8211; what Vinny Lingham is looking to buy, sell and hold"},"content":{"rendered":"<p>Entrepreneur Vinny Lingham believes that Bitcoin Cash will be in greater demand than actual\u00a0Bitcoin\u00a0in the future.<\/p>\n<p>In August 2017,\u00a0developers split off from the original Bitcoin to form Bitcoin Cash, in an attempt to improve the speed and costs of Bitcoin transactions.<\/p>\n<p>Speaking to <strong><a href=\"https:\/\/www.cnbc.com\/2018\/01\/25\/vinny-lingham-thinks-bitcoin-cash-will-outpace-bitcoin-in-the-future.html\" target=\"_blank\" rel=\"noopener noreferrer\">CNBC<\/a> <\/strong>on Thursday, Lingham said that the two cryptocurrencies were currently focusing on two different markets, with Bitcoin good for investing opportunities, while\u00a0Bitcoin Cash is most commonly used for fast payments.<\/p>\n<p>&#8220;When I look at it from a product stand point I think that the greater demand is for peer-to-peer cash rather than digital gold, but this is something that we will only be certain of in a couple of years when this all plays out,&#8221; he said.<\/p>\n<p>Lingham also provided some insight on what cryptocurrencies he would buy, sell or hold.<\/p>\n<ul>\n<li>Bitcoin &#8211; Hold<\/li>\n<li>Bitcoin Cash &#8211; Buy<\/li>\n<li>Ethereum &#8211; Hold<\/li>\n<li>Litecoin &#8211; Sell<\/li>\n<\/ul>\n<p>Lingham said that part of the reason he was looking to sell Litecoin is partially because of founder Charlie Lee&#8217;s decision to sell his position in the coin, but also because he didn&#8217;t feel like the coin had any major differentiators which set it apart from other coins.<\/p>\n<p>Another cryptocurrency Lingham said that he was looking to invest in was 0X (Zero-X) because of its technology for decentralising exchange protocols and its potential to adapt with possible government regulation in the future.<\/p>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/banking\/221365\/bitcoin-bubble-wont-have-sharp-break-says-george-soros\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin bubble won\u2019t have `sharp break\u2019 says George Soros<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entrepreneur Vinny Lingham believes that Bitcoin Cash will be in greater demand than actual\u00a0Bitcoin\u00a0in the future.<\/p>\n","protected":false},"author":10,"featured_media":289834,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[5537,26,1255],"class_list":["post-221417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-bitcoin","tag-headline","tag-vinny-lingham"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/221417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=221417"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/221417\/revisions"}],"predecessor-version":[{"id":329257,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/221417\/revisions\/329257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/289834"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=221417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=221417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=221417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}