How Much Vechain (VET) Do You Need To Become A Cryptocurrency Millionaire? | BitBoy Crypto

[vc_row][vc_column][vc_video link="https://www.youtube.com/watch?v=eA4vVGPuGCA"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]It's becoming more and more obvious that nVechain's ties to China is probably why   it's not on Coinbase. I mean at this point what nelse could it be? You know I mean i don't think   there's any other logical reason other than that, nthat Vechain's not there yet... China's heavily   involved in crypto. Don't buy any of what we're nbeing told about the 'bitcoin mining ban'. It's   all smoking mirrors... And here's the question nthat I would want everybody to ask themselves, and   I know the answer to this question but I ncannot reveal the answer to this question:   What did China get in return? What did China nget in return? Vechain is the number one Chinese   project that has potential to pump because... From ntracking wine bottles, to tracking luxury goods,   to tracking art pieces and auctions, nit does all that! I'm gonna give you   guys some some information here that I don't nthink I've given on another channel before... welcome back everybody to altcoin daily my name nis aaron joined with my brother austin our guest   today is the great the powerful founder ceo of none of the largest best crypto youtube channels   out there bitboy crypto how are you doing today my nfriend i'm doing uh pretty good anytime i get to   come on the channel and chat with you guys we love nit we love having you guys you know on around the   blockchain and um you know we haven't had you guys non there together yet i don't think maybe we'll do   that one day that would be a that would be a great nshow but uh thanks for having me on of course man   that'd be awesome break the internet as they say nand uh congrats on all the success of your channel   the reason you know i'm glad to have you on today nbecause there's two you know we like to listen to   you know our audience people in the comments i nknow you do too there's really two main things   people have been commenting lately number one nhey you need to get bit boy back on the channel   yes and number two hey talk about vechain a nlittle bit more we'll actually find a number   of different cryptocurrencies um you know we'll nprobably we're reading the comments right now   but anyway dude let's jump right into it because ni'm here we're here to pick your brain on v   chain i know you have a lot to say so in a time nand a space where cryptocurrency is exploding   there's demand for hard money bitcoin there's ndemand for ethereum and open source platforms   nfts decentralized finance where does v chain fit nin is it just as much part of the conversation   vechain is a chinese-based supply chain management ncryptocurrency they've been around for a while   they're kind of like a blue chip in their own nniche what do you think about vechain yeah well   i've been extremely bullish on beat chain for nyears now going back all the way to 2018. um you   know back when i think the ticker symbol was vent nit was v-e-n back then before they uh changed it   to v-e-t i think that's when they went on their nmain net so i've been following them for a long   time actually got a kind of rap video with some v nchain lines in it from early back in the day 2018   when the channel was just cartoons but here's the nthing uh there's a lot to unpack with v chain but   i really want to address the first thing you said nwhich is can v chain really compete in a world   where having smart contract platforms and you nknow other kinds of niches that are really rising   the safest bet in all of crypto is smart contract nplatforms if you look at that niche and investing   in those over periods of times they yield nvery high results so of course i'm talking   about cardano ethereum solana which has been ncrushing it lately elrond kind of a dark horse   tezos hasn't beard quite as well but you nlook at avalanche you look at a lot of   these different projects i'm sure i left dot nand kusama yeah definitely but that as well   but the thing is when you get outside smart ncontract platforms i think it's really important   and i would say d5 kind of fitting underneath nthat because it's interwoven with those platforms   it's important to find individual projects nthat just absolutely crush their niche you   look at chain link there is nothing close to nchain link in the oracle's niche um you look   at you know payments you know of course you got nxrp and xlm xrp crushing xlm right now you got   amp kind of coming up in the background but xrp i nbelieve is is going to rise up and be be the king   of that by a long shot we look at supply chain ntracking vechain destroys every other project   there's nothing even close to it we've done nsome work with a project called doc which is a   tracking platform that's kind of similar we think nit's got a lot of potential as a low cap coin   but it can't touch v chain right now nothing can nand so when you're looking at a coin that's that   much of a leader in its space i don't think nthat only bodes well for it in the bull market   but i think these are some of the strongest nprojects not only to accumulate in the bear market   but also to be a little better hold during the nbear market if you look at chain link for instance   than its use case with the oracles and stuff like nthat it killed it through the whole bear market   and i think v chain can see something very similar ni totally agree with what you're saying in terms   of vechain is still making progress they are nstill implementing the only criticism that i   could think of and i think this is fair that it nis more centralized compared to maybe an ethereum   in the sense that it's proof of authority meaning nthat the v chain foundation they'll pick they'll   make sure they know who's running the nodes and nthat limited amount of nodes will validate and   the only reason i say is this potentially nan issue is because usually the chinese   government has their hand in a lot of these nbig chinese companies does this concern you   uh not at all and in fact well does it concern me nfor the price in the use case not at all now does   it concern me from a centralization standpoint nanytime china is involved absolutely i mean i   would say this it's becoming more and more obvious nthat vechain's ties to china is probably why it's   not on coinbase i mean at this point what else ncould it be you know i mean i don't think there's   any other logical reason other than that the nb chain's not there yet uh but when you look   at what china has gone on and i'm going to give nyou guys some some information here uh that uh i   don't think i've given on another channel before nuh about china and their bitcoin mining ban i've   gotten a lot of clarification on what's going on nwith the bitcoin mining ban in in china and this   is relevant to this conversation because while nthey continue to clamp down on bitcoin to push   their digital you on they continue to push down non many crypto projects bitcoin mining crypto   mining in general in china they're doing that nuh and that's going to actually benefit vechain   because they're working with vechain so vechain nand there are a few other projects in china that   they really tend to like and they've got the nchinese rankings you know you guys can go back   and look at you know many years of that history nto see the projects that they're favorable on   but when it comes to bitcoin mining ban what nhappened with that is that there are forces in   this world that are bigger than china much bigger nthan china china is is a pawn to the real money in   the world the centralized bankers of the world the nfinancial cartel as i call them china was forced   to make that rule with the bitcoin mining so the nhash rate could spread out to other places so what   you're seeing is because it was very weird right nlike all of a sudden like the mayor of miami was   like hey if you're in china come to miami and mine nbitcoin you saw other countries saying hey you   know come to canada and mine bitcoin which there's na lot of china infiltration into canada which is   another story but i said this on my stream it's nlike this doesn't make sense you can't just if   you're a chinese citizen you can't just get up nand move to another country to mind bitcoin you   have to have permission so what china did is nthey strategically started sending their miners   to other countries so yes the hash rate is being nshared and it's going to other countries but   really china is still in control of a lot of that nand also not only that but of course china has a   stranglehold on the bitcoin mining industry in nterms of equipment and devices so they're also   you know even if it's not happening in ntheir country they're making money on it   across the board and here's the question that ni would want everybody to ask themselves and   i know the answer to this question but i ncannot reveal the answer to this question   what did china get in return what did china get nin return for giving up all this hash rate so   i know i kind of went on a tangent there it's not nnecessarily related to v chain other than to say   china's heavily involved in crypto don't buy any nof what we're being told about the bitcoin mining   ban it's all smoking mirrors v chain is the nnumber one chinese project that has potential   to pump because they're not seeing the clamp down non v chain that they're putting on other projects   so yes there could be a little war developing nalmost between you know united states exchanges   maybe not taking b chain and that could be not nsuper beneficial for the price um but they're   not going to be resistant to using the technology nif it works um and well we know there's one thing   china loves is surveillance right so i don't know nmaybe something about there too damn right man   there's a lot to think about um i'm interested nto know what the audience thinks comment below   and if you appreciate us having bitboy on smash nthe like button make sure you subscribe to bitboy   linked his channel in the description subscribe nto us because the conversation's a lot more than   just this video but let's get right down to it nyou mentioned price speaking of price you know   i think a lot of people this is not just my nthoughts i think a lot of people have been   noticing that the v chain price seems to have had na trend change recently possibly the weekends have   all sold we're in the maturing stages of the bull nmarket starting to look a little bit more bullish   what do you think this either this year or this ncycle what are your thoughts on the on the price   of v chain yeah so it is a lot of people know that nthat followed my channel i've had a a change i   don't i don't change my opinion very often unless ni get new information and um i now believe that   the top of bitcoin is a hundred thousand ndollars it may go up to 120 at the highest   uh brakes are getting slammed on that thing as ni say by um you know the financial cartel they   don't want bitcoin to go to 300 000 like i had npredicted uh because if it did if it did nobody   would ever invest in the stock market again so nthe the the financial cartel has to keep a balance   between all things i bring all that up to say the nbitcoin price and the ethereum price obviously   have a big effect on price predictions on all nthe coins down below that so i that there were   people like simon dedic of block fire who believe nthat vechain can get to two dollars in the cycle   right now it's sitting at 12 cents it peaked out nat uh 25 cents back on april uh 17th yeah april   17th 25 cents so at 25 cents in may it looked like nhey that was actually possible maybe it could get   back up to you know maybe a cookie to two dollars nmy prediction was always one dollar for v chain   or this cycle i would say though now i do not nbelieve it will hit one dollar in this cycle   uh v chain did not hold as well as as many nof the other projects during the crash maybe   because it had been on such a parabolic move i nthink a good price target still for this bull   run it could hit a dollar but i think 60 to 75 ncents is probably where you want to be looking   at right now for v chain you know for the rest nof this year or not not the rest of the year   but by the end of this cycle i believe and uh nyou know probably in november for all coins   interesting and well obviously and then my next nobvious question which we love asking you know   guests and whenever you come on is you know how nmany would you maybe need to be financially stable   obviously if it hits a dollar you would need a nmillion of them and you'd have a million dollars   but i want to talk realistic if it goes to nthose levels um how many v chain would you   say the average person needs to be wealthy nwell i i would say if you have 250 000   over the next eight years you have a good shot num because that that would put um you know   the numbers as something very reasonable for a npump over the long term obviously yeah if it goes   to a dollar during this cycle then yeah that's nthat's great you it would be a million dollars if   you had a million b chain um but i don't know if nit's going to end up with that nice round number   but i believe that vechain is going to nat least 4x its all-time high this cycle   in the next cycle i think we could you know v nchain could be uh depending on what happens in   the supply chain world i mean it's the use case nis so out of the you know out the roof for v chain   and then not only that but it's got a lot of fans nit's got a big community when you look at how much   you know is getting exported from china if you nlook at all the different you know from tracking   wine bottles to tracking luxury goods to tracking nart pieces and auctions it does all that you know   they say from farm to table basically contract nfood pharmaceuticals all that stuff i think the   next cycle really could be chains you know cycle nonce we have a lot more smart contract platforms   it's integrated with because that will certainly nbe coming uh at some point uh i i think that 250   000 could be a number over the next you know i nsaid eight years but the next four to eight years   by the end of the next cycle that we look at nuh and i would say to people you know it would   definitely be good to accumulate this one in the nuh in the bear market like i mentioned earlier   and you're loving it you have a nportion of your portfolio in vechain   yeah i think we were looking the other day because nit did not because it hasn't held as well as some   of the other ones it at one time was our number nsix coin in our portfolio that would have been   behind bitcoin ethereum uh cardano uh binance ncoin and polka dot those were our top five uh   it actually was number six but right now it's nsitting at number 11 uh because it just hasn't   held as well or bounced back as high as many nof those other ones have but i think it will   i love it i love it bitboy i mean there's so much nmore we can talk about we have a conversation like   this every week on your channel for around the nblockchain you talk about stuff like this every   day as do we so we'll just have to continue nthis conversation at a later date subscribe to   the channel smash the like button comment your nthoughts below because honestly it's not just   about what we think it's about you know what do nthe people who've been in this space a while think   thank you for coming on bitboy final nthoughts for the altcoin daily audience   yeah i thought i just i just pulled up nmy portfolio so i thought i'd just tell   everybody you know we're very transparent on nthe channel tell everybody how much we have   we have 2.215 million vijay so that's how many nwe got uh so you know and we certainly appreciate   you guys coming on around the blockchain uh every nweek if you guys want to check them out make sure   to check out my channel uh just because you want nto see them uh come there and verbally lash me   that's right it's the fun of it all nright hey great episode ben thank you<br><!-- wp:image {"id":1776,"sizeSlug":"large","linkDestination":"none"} -->rn<figure class="wp-block-image size-large"><img class="wp-image-1776" src="https://en.videoencontexto.com/wp-content/uploads/2021/10/How_Much_Vechain_VET_Do_You_Need_To_Become_A_Cryptocurrency_Millionaire__BitBoy__eA4vVGPuGCA.jpg" alt="How Much Vechain (VET) Do You Need To Become A Cryptocurrency Millionaire? | BitBoy Crypto" /></figure>rn<!-- /wp:image -->[/vc_column_text][/vc_column][/vc_row]