Tone Vays, a cryptocurrency and derivatives trader, consultant, and conference organizer, discusses his price target for Bitcoin, why Bitcoin will reach six figures, and the unique aspects of Bitcoin that make it different from other cryptocurrencies. He spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at the Future Blockchain Summit in Dubai.
Follow Michelle Makori on Twitter: @michellemakori (https://twitter.com/michellemakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Tone Vays on Twitter: @ToneVays (https://twitter.com/ToneVays)
0:00 – Bitcoin support levels
6:30 – Bitcoin’s fundamentals
11:12 – Proof of stake and Ethereum
15:20 – Bitcoin as a currency
20:29 – Threats to Bitcoin
21:46 – Bitcoin price forecast
25:40 – Dubai Summit and closing thoughts
#bitcoin #ethereum #blockchain
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43 Comments
That's a bold prediction before the 2024 halving. – The Appalachian Prepper
500k by 2030
If the bulls come out in 2023 it's gonna fool alot of people
Bitcoin, replace Tone Vays, or shut this guy up. LOL
Great success!
+1 to Tone 'everyone is expecting a bear market'.. I still don't agree with him but point taken
All bullshit
Respect to the interviewer for challenging him, and not just being a yes person.
Everybody says reverse stuff. Last expert said bitcoin to $6000. Another said $1million. He says 100k. Always one that will be right than they will say he's a genius.
Crystal ball
Remember when Kitco used to be a channel about gold and mining stocks?
"Most cryptocurrencies are Ponzi schemes"
So Bitcoin is just going to somehow surpass it's ath next year. A year before the halving in the depths of a bear market. Gotta love clickbait titles.
this guy will lose you money
Lmao where all the money gonna come from? We all broke af
Crypto is the future or beanie babies, either one is a great investment. Tulips to the moon
Keep dreaming bud
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 more like 100,000 Zimbabwean dollars
Btc maxis have a way of making crypto sound weird when they talk about bitcoin application as a currency while transactions power second are 7 and visa is operating at 1,700.
Good interview but Tone did not have a good response to the Bitcoin use as a daily currency. It isn't a digital currency and won't be. It's a store of value.
Michelle is sharp like a razor. With the looks any supermodel would be jealous of. Mercy.
To convert into fiat from btc only for the pure reason of spending it, is the same as spending it directly out of btc. I think shes missing the point.
People save in dollars to increase their savings, but they still spend in dollars. Btc is the exact same thing just saving at a better rate. No different.
Bitcoin maxi approved 👍
This is what’s called a Bitcorn maxi. Energy being used now is more important than ever.
Michelle is so biased against bitcoin in this interview
Shill looking for suckers being paid by the Wales…Kitco should stay away from Crypto they have too many sponsors in Crypto…
Not a big Tone Vays fan, but hes in his element here lol
But Michelle;s right! Thats Scrooge McDuck hahahah
I fear for all the poor idiots that actually listen to tone vase thinking he knows anything at all
Bitcoin is going to go up five-fold next year? Utterly delusional.
🤣🤣🤣
Michelle owned this loser…
Michelle destroys the Bitcoin "Ah Ah Ah" guy!
Choose between the real world or crypto la la land
I can see the guest is not looking at Michelle’s eyes, he’s looking downwards.
BS….why do you keep having BC pumpers on?
Cryptos have shown that they're not a store of value and only did well when central Banksters we're flooding us with fiat money.
Cryptos will go to their inherent and intrinsic value of ZERO.
No more stimulus cheque so it will not go 100k.
My views on Bitcoin as a currency are that it will have to be adopted by the merchant before the consumer. Bitcoin offers near instant settlement compared to 2-3 business days for an ACH and it offers significantly lower fees than credit cards and other payment processors like PayPal. And speaking of PayPal, Bitcoin will not freeze your money or fine the individual for any reason. Additionally, there is no risk of a fraudulent chargeback like there is with credit card. Bitcoin is faster, cheaper, and safer for merchants to use when transacting over the internet than any other payment platform.
his net worth is 20k ?????????? LMFAO😃😃😃😃😃
excellent questions and answers. This guy is epic with his Duck Tales analogy XD
it says TONE has a net worth of 20k ! wtf –
yeah, it's going to magically diverge from Tech stocks, then go parabolic! <sarcasm>
Tone is aging well
I'm prepared for either scenario