Wall St. Veteran Tone Vays: 90% of Blockchain Companies are ‘Meaningless’
Bitcoin.com spoke with Wall Street veteran and author of the LibertyLifeTrail blog, Tone Vays, on the recent Panama Papers leak, using Bitcoin as a safe haven, and why he believes 90% of blockchain companies right now are “meaningless.” With 10-years experience on Wall Street in the field of Risk Analysis and Trading, Vays is now fully committed to the....
Related News
Wall Street veteran and Bitcoin enthusiast Tone Vays shared his insights with Bitcoinist on SegWit, Coinbase and the IRS, Ethereum, and Donald Trump. Interview with Tone Vays. Bitcoinist: You’ve mentioned on your blog that we need SegWit to pass “for Bitcoin’s future.” Why is SegWit activation so important right now? Tone Vays (TV): I feel that SegWit is very important. It was put together by some of the smartest financial engineers in the world that truly understand the global need for an asset like Bitcoin. Things like privacy, censorship resistance and fungibility are very important to....
Bitcoin.com spoke with former Wall St. trader Tone Vays of Brave New Coin (BNC) and the LibertyLifeTrail blog to discuss his career change, his upcoming keynote at Inside Bitcoins in Seoul, South Korea and San Diego, California, as well as his latest outlook on the price and cryptocurrency ecosystem as a whole. Bitcoin.com (BC): How did you discover....
The veteran trader says bullish trends make shorting the current correction a dangerous move, and the dip “may already be over.” Bitcoin (BTC) is bullish in three key areas and a “perfect” buy-in is now no lower than $11,000, popular trader Tone Vays says.In the latest edition of his Trading Bitcoin YouTube series on Oct. 14, Vays presented an optimistic take on the Bitcoin price, which he argues has barely any bearish characteristics.Vays: $11,000 zone is “perfect” dipExamining the weekly and daily charts, Vays noted that there was little reason to expect a significant pullback beyond a....
The New York State Department of Financial Services has released a proposal for regulating the use of cryptocurrency. It is informally known as "Bitlicense". Check it out here. The puoposal is currently in a "comment period", where many individuals in the bitcoin industry, including Circle CEO Jeremy Allaire and Bobby Lee, founder of BTC China, have expressed their opinions; they have claimed it to be an innovation blocker. Many others, however, believe that this is a step towards legitimization for cryptocurrencies. One individual, Tone Vays, a Bitcoin Analyst and risk analysis veteran on....
The Bitcoin space hasn’t looked this bullish since early 2014. Riding on the coattails of the current hype around blockchain technology engulfing the financial sector, Bitcoin is not only reaching yearly highs in price, but public interest has also spiked as of late. But is news of “the real Satoshi” the only reason for the resurgence or are we entering....