@tonevays, 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, at the Future Blockchain Summit in Dubai.
Follow Michelle Makori on Twitter: @michellemakori (
Follow Kitco News on Twitter: @KitcoNewsNOW (
Follow Tone Vays on Twitter: @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
@kitco coverage of the @FutureBlockchainSummit is sponsored by @CoinPayments
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For that to happen it means the Fed and the Central Banks must really be printing money because in reality there is absolutely no usage for bitcoin.
It's really a Ponzi scheme but for Ponzi to work, therr must be monopoly money to play
Bitcoin can be confiscated! Not easy but it will never work unless it becomes fiat because with out fiat money your assets be 90% less
He's clueless about BTC
of course it's Scrooge McDuck, get him Michelle! good interview both
These people saying yeah its going up, but it may also go down before that, yeah man…. they cover their asses both ways
Lmao… the dollar is bigger Ponzi of them all!
Finally someone who isn’t overly maxi bullish. Only problem in his statement is 3 months bull pa. Not jappenknf
Kitco is the best, thanks for the hard work.
govt will be happy if btc worth a million as long govt can regulate the transaction and tax it.
I don’t know the guy but I thought she was a little rough on him.
I think is more likely for BTC to retest the resistance to the upside and then move lower. But as always, things change on a daily basis and all we can do is to trade responsibly and keep track of the markets and re-evolutes our strategy frequently. I want to thank you FLOYD JOHNSON . for being my source of crypto education. as I'm comfortably making 24 BTC Weekly….
Keep going michelle. You’re so witty!
Yea right, they don’t need US anymore. They’re ready to dismantle it
Why would they spend Bitcoin on small transactions? because of incentives
Great interview with sound effective questions.
I would pay to hear Michelle curse. "Sorry, Tone, wtf are you talking about?"
This dude is pretty flip-floppy on several issues but he’s exactly right concerning ETH. It’s essentially replicating the legacy financial system by moving to PoS. He also phrased it excellently that the transition is not wrong per se, it just differentiates itself way less from the rest.
this did not age well. Young guys who never saw a bear market or a bubble. Bitcoin is heading to its true value. ZERO
He is describing a Ponzi and is completely oblivious.
Well this aged like milk.
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires…..
Well ask Michelle … no need to be a crypto expert….I shall predicted for you. BTC will behave when those whales start to dump or pump. Everyone else will just go for the ride.
In latinamerica we have a fiat devaluation because of the fed, btc give us the chance to regain value and some extra fortunately
This guy full of s###. He has a huge position in Bitcoin that's why the promo
Tone is such a tool. So ignorant and finally people are waking up. Richard Heart called this guy out for years but ppl still allowed Tone to convince them to margin trade and give their keys to exchanges
Crack dreams are heavenly.
Great interview, Tone is such a good level-headed and principled spokesman for Bitcoin and great at explaining it to the broader Financial community. And Michelle is a Pro interviewer of course.
I have been in bitcoin since 2013 THISSSSSSSSSS GUY HIGH AS CHEECH AND CHONG 100% WILL NOT HIT 100,000 2023 AND EL SALVADORE WIL BE BANKRUPT BY 2028
😂😂😂 BTC is totally going to down past 3K if not ZERO
i love bitc for being ESG ideology proof
This is propaganda . It doesn’t take a genius to figure out Bitcoin is collapsing 🤷🏻♀️