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Analyst Tone Vays famous in crypto community thinks that the price of the most popular altcoins will drop to zero because they are worthless and cannot substitute for bitcoin.
“Who will use Litecoin when we have Lightning Network, who will use Ethereum when we have side chain Liquid Network? Will people use Binance token? I don’t know because it’s useless”, — Vays said.
He also added that he doesn’t expect to see bitcoin cost over $10,000 in 2020.
And what do you think? Do you believe that altcoins will disappear sooner or later?
Popular crypto analyst Tone Vays said bitcoin could reach $9,000 in the short-term but will meet significant resistance in the $8,000 range., before taking off to potentially hit price predictions of $100,000. Trader and Bitcoin maximalist Tone Vays is questioning Bitrue Exchange’s relationship with Ripple and the platform’s decision to put “XRP scam token,” as its base currency, positing that Ethereum, XRP and Binance Coin are scam tokens. The crypto enthusiast has been an agelong archenemy of XRP and has always been condemning Ripple’s decision to launch […] The top crypto analyst and investor, Tone Vays, has stressed what could be next for Bitcoin (BTC), the first and largest cryptocurrency by market capitalization, after the break above $15,000 resistance level. In a new YouTube video, the Wall Street veteran said Bitcoin now has the potential to record a new price all-time high. Vays […] Tone Vays: Bitcoin-Kurs von 45.000 US-Dollar „kann schnell passieren“ Auch der Trader Tone Vays gilt als Bitcoin Fan – auch wenn der ehemalige Vice President von JP Morgan Chase es sich nicht nehmen lässt, gelegentlich auch bearishe Töne zu spucken. However, on Apr. 20, when Bitcoin was resting at $6,800, John predicted a potential price squeeze. The BTC price moved to 40 percent in just ten days since his prediction. Tone Vays believes new all-time highs are on the horizon. Tone stated fundamental shift is underway, the demand for BTC is far outpacing the amount of new Bitcoin is created ... Bitcoin to hit $17k soon. In the short term, Vays believed that the king coin is ripe for a correction. “This looks like an amazing triangle where we have one-touch here ($15,800), another touch here ($15,700), many touches here ($15,400)… If we get rejected later today at the $15,600 area, this sets us up for that pullback,” Vays said. Binance Coin $ 28.12 1.94%. Polkadot $ 4.13 2.07%. Litecoin $ 54.45 2.74%. Bitcoin SV $ 163.79 1.63%. Alle Kurse . Meinungs-ECHO Tone Vays: Bitcoin-Kurs wird 2020 nicht mehr die 10.000 US-Dollar knacken . Startseite; Aktuelle Artikel im Überblick; Krypto; Bitcoin; Tone Vays: Bitcoin-Kurs wird 2020 nicht mehr die 10.000 knacken . von Christopher Klee. Am 29. Juni 2020 15. Juli 2020 · Lesezeit ... Perma-deadpan Tone Vays still believes that BTC could plummet back to $4k in the months before the Bitcoin Halving. When called out by the founder of Onchain Capital as to whether he still believed bitcoin would be at $4k before the Halving, Tone Vays responded that there were still two months to go and that “anything can happen.” Tone Vays once again makes public his forecasts regarding the price of bitcoin. This time, during his last YouTube live broadcast, he said that he believes that if the price of bitcoin were to fall further, $9,000 would be a great level to buy. He also said that the lowest price, in his worst-case scenario at this point, would be $7,000.
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