Apr 10, · Derivatives trader and analyst Tone Vays has been in the crypto space for almost half its life, but his belief in the future of Bitcoin hasn’t changed one bit, even as the industry has. Despite a brief “multi-coiner” window that he got over pretty quickly, Vays has been all in with Bitcoin . Aug 19, · Well-known Bitcoin influencer Tone Vays told IGTV’s Victoria Scholar that March’s market capitulation was the catalyst for the cryptocurrency’s recent surge. He says it has been fuelling a huge appetite for ‘anything other than government paper’ and believes bitcoin is a . The Trading Bitcoin series with Tone Vays is a one of a kind show all about price analysis for Bitcoin and what Tone's per.
Tone vays trading bitcoinCrypto Trader Tone Vays: 'It's Only Going to Be Bitcoin' - CoinMarketCap Blog
It bothered me that there was no regulation on ICOs, and that people can solicit money from strangers and just disappear with it. The regulation on those that are managing and taking your value is very weak. On the other hand, the regulation on those that want to invest, the regulation on those that are looking to give their money, that regulation is overbearing and needs to stop.
I think they stifle investment. I think they kill investment. I think people should be able to do whatever they want with their money. Do you have a specific vision of what you think the cryptocurrency industry will look like in five years or in 10 years down the line? I believe that in the next five years this will be realized: every one of these other blockchains will have critical flaws. I think the mining sector will revolutionize energy.
In the next 10 to 20 years, there will be a push for making the best renewable energy possible, because if you can get renewable energy, you now can have a competitive advantage in mining bitcoin. I had thought that Bitcoin exchanges had a chance to be better than traditional exchanges. It looks like traditional exchanges will probably eat the crypto exchanges, not the other way around. Can you debunk a common myth in cryptocurrency? The majority of Bitcoin transactions are used for legal things.
Each of these three elements in Bitcoin is decentralized, and even if one of those three points of the triangle happened to be centralized, it does not mean that Bitcoin is centralized.
I believe that mining of bitcoin is decentralized. You still have 10 to 20 to 30 thousand nodes around that keep the ledger decentralized, so this myth is really something that needs to be debunked. Enjoyed reading our Crypto Titan series? Catch our latest interview with Shenyu, the cofounder of one of the largest global crypto mining pools. Or check out the full list here. Bitcoin is a risk like all crypto currency , in 10 — 20 years down the line we will have quantum computer which will devalue bitcoin to zero.
The only reason bitcoin is valued so much is because all exchanges are using bitcoin to buy and sell altcoins. You need to buy bitcoin to buy altcoins not including the top 10 crypto coins. This is the flaw with price of bitcoin and altcoins. This will save Crypto in the future issues. The BTC max stuff is so annoying. I think at this point, there are more man hours going to alt coins then BTC when you talk about dev.
The idea that none of those hours are going to produce anything meaningful in the space is beyond dumb…will btc be king? Will it be alone. Is there any way to speed up Bitcoin transactions? Maybe one hundred thousand?
This guy makes the same error of all cryptocoiners: he speaks as a trader but thinks be an economist. If not the goverment, than hackers or greedy exchange owner will take your Bitcoin. If he really did join the club in , he should know that your are more likely to lose your Bitcoins under these circumstances than there has ever been any government confiscation. This means he is not being objective. Unconfiscatability is definitely a huge plus for Bitcoin.
This site uses Akismet to reduce spam. Learn how your comment data is processed. Click here to see all the Crypto Titan interviews up to today! So I learned to [lean towards] more trading and not VC. At the beginning of the coronavirus crisis, global equities suffered a signifcant hit as investors reacted to governments around the world imposing lockdown restrictions on people and businesses.
In the interview Popescu warned that the global economy faces a potential reset of the monetary system. This incredible intervention by central banks will devalue the US dollar, euro and sterling, which in turn will help drive up the price of gold in the coming years, he added.
Echoing similar sentiments, Vays believes that bitcoin, despite its increased volatility, is increasingly viewed by investors as a safe haven asset.
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