It's becoming more and more obvious that Vechain's ties to China is probably why
it's not on Coinbase. I mean at this point what else could it be? You know I mean i don't think
there's any other logical reason other than that, that Vechain's not there yet... China's heavily
involved in crypto. Don't buy any of what we're being told about the 'bitcoin mining ban'. It's
all smoking mirrors... And here's the question that I would want everybody to ask themselves, and
I know the answer to this question but I cannot reveal the answer to this question:
What did China get in return? What did China get in return? Vechain is the number one Chinese
project that has potential to pump because... From tracking wine bottles, to tracking luxury goods,
to tracking art pieces and auctions, it does all that! I'm gonna give you
guys some some information here that I don't think I've given on another channel before...
welcome back everybody to altcoin daily my name is aaron joined with my brother austin our guest
today is the great the powerful founder ceo of one of the largest best crypto youtube channels
out there bitboy crypto how are you doing today my friend i'm doing uh pretty good anytime i get to
come on the channel and chat with you guys we love it we love having you guys you know on around the
blockchain and um you know we haven't had you guys on there together yet i don't think maybe we'll do
that one day that would be a that would be a great show but uh thanks for having me on of course man
that'd be awesome break the internet as they say and uh congrats on all the success of your channel
the reason you know i'm glad to have you on today because there's two you know we like to listen to
you know our audience people in the comments i know you do too there's really two main things
people have been commenting lately number one hey you need to get bit boy back on the channel
yes and number two hey talk about vechain a little bit more we'll actually find a number
of different cryptocurrencies um you know we'll probably we're reading the comments right now
but anyway dude let's jump right into it because i'm here we're here to pick your brain on v
chain i know you have a lot to say so in a time and a space where cryptocurrency is exploding
there's demand for hard money bitcoin there's demand for ethereum and open source platforms
nfts decentralized finance where does v chain fit in is it just as much part of the conversation
vechain is a chinese-based supply chain management cryptocurrency they've been around for a while
they're kind of like a blue chip in their own niche what do you think about vechain yeah well
i've been extremely bullish on beat chain for years now going back all the way to 2018. um you
know back when i think the ticker symbol was vent it was v-e-n back then before they uh changed it
to v-e-t i think that's when they went on their main net so i've been following them for a long
time actually got a kind of rap video with some v chain lines in it from early back in the day 2018
when the channel was just cartoons but here's the thing uh there's a lot to unpack with v chain but
i really want to address the first thing you said which is can v chain really compete in a world
where having smart contract platforms and you know other kinds of niches that are really rising
the safest bet in all of crypto is smart contract platforms if you look at that niche and investing
in those over periods of times they yield very high results so of course i'm talking
about cardano ethereum solana which has been crushing it lately elrond kind of a dark horse
tezos hasn't beard quite as well but you look at avalanche you look at a lot of
these different projects i'm sure i left dot and kusama yeah definitely but that as well
but the thing is when you get outside smart contract platforms i think it's really important
and i would say d5 kind of fitting underneath that because it's interwoven with those platforms
it's important to find individual projects that just absolutely crush their niche you
look at chain link there is nothing close to chain link in the oracle's niche um you look
at you know payments you know of course you got xrp and xlm xrp crushing xlm right now you got
amp kind of coming up in the background but xrp i believe is is going to rise up and be be the king
of that by a long shot we look at supply chain tracking vechain destroys every other project
there's nothing even close to it we've done some work with a project called doc which is a
tracking platform that's kind of similar we think it's got a lot of potential as a low cap coin
but it can't touch v chain right now nothing can and so when you're looking at a coin that's that
much of a leader in its space i don't think that only bodes well for it in the bull market
but i think these are some of the strongest projects not only to accumulate in the bear market
but also to be a little better hold during the bear market if you look at chain link for instance
than its use case with the oracles and stuff like that it killed it through the whole bear market
and i think v chain can see something very similar i totally agree with what you're saying in terms
of vechain is still making progress they are still implementing the only criticism that i
could think of and i think this is fair that it is more centralized compared to maybe an ethereum
in the sense that it's proof of authority meaning that the v chain foundation they'll pick they'll
make sure they know who's running the nodes and that limited amount of nodes will validate and
the only reason i say is this potentially an issue is because usually the chinese
government has their hand in a lot of these big chinese companies does this concern you
uh not at all and in fact well does it concern me for the price in the use case not at all now does
it concern me from a centralization standpoint anytime china is involved absolutely i mean i
would say this it's becoming more and more obvious that vechain's ties to china is probably why it's
not on coinbase i mean at this point what else could it be you know i mean i don't think there's
any other logical reason other than that the b chain's not there yet uh but when you look
at what china has gone on and i'm going to give you guys some some information here uh that uh i
don't think i've given on another channel before uh about china and their bitcoin mining ban i've
gotten a lot of clarification on what's going on with the bitcoin mining ban in in china and this
is relevant to this conversation because while they continue to clamp down on bitcoin to push
their digital you on they continue to push down on many crypto projects bitcoin mining crypto
mining in general in china they're doing that uh and that's going to actually benefit vechain
because they're working with vechain so vechain and there are a few other projects in china that
they really tend to like and they've got the chinese rankings you know you guys can go back
and look at you know many years of that history to see the projects that they're favorable on
but when it comes to bitcoin mining ban what happened with that is that there are forces in
this world that are bigger than china much bigger than china china is is a pawn to the real money in
the world the centralized bankers of the world the financial cartel as i call them china was forced
to make that rule with the bitcoin mining so the hash rate could spread out to other places so what
you're seeing is because it was very weird right like all of a sudden like the mayor of miami was
like hey if you're in china come to miami and mine bitcoin you saw other countries saying hey you
know come to canada and mine bitcoin which there's a lot of china infiltration into canada which is
another story but i said this on my stream it's like this doesn't make sense you can't just if
you're a chinese citizen you can't just get up and move to another country to mind bitcoin you
have to have permission so what china did is they strategically started sending their miners
to other countries so yes the hash rate is being shared and it's going to other countries but
really china is still in control of a lot of that and also not only that but of course china has a
stranglehold on the bitcoin mining industry in terms of equipment and devices so they're also
you know even if it's not happening in their country they're making money on it
across the board and here's the question that i would want everybody to ask themselves and
i know the answer to this question but i cannot reveal the answer to this question
what did china get in return what did china get in return for giving up all this hash rate so
i know i kind of went on a tangent there it's not necessarily related to v chain other than to say
china's heavily involved in crypto don't buy any of what we're being told about the bitcoin mining
ban it's all smoking mirrors v chain is the number one chinese project that has potential
to pump because they're not seeing the clamp down on v chain that they're putting on other projects
so yes there could be a little war developing almost between you know united states exchanges
maybe not taking b chain and that could be not super beneficial for the price um but they're
not going to be resistant to using the technology if it works um and well we know there's one thing
china loves is surveillance right so i don't know maybe something about there too damn right man
there's a lot to think about um i'm interested to know what the audience thinks comment below
and if you appreciate us having bitboy on smash the like button make sure you subscribe to bitboy
linked his channel in the description subscribe to us because the conversation's a lot more than
just this video but let's get right down to it you mentioned price speaking of price you know
i think a lot of people this is not just my thoughts i think a lot of people have been
noticing that the v chain price seems to have had a trend change recently possibly the weekends have
all sold we're in the maturing stages of the bull market starting to look a little bit more bullish
what do you think this either this year or this cycle what are your thoughts on the on the price
of v chain yeah so it is a lot of people know that that followed my channel i've had a a change i
don't i don't change my opinion very often unless i get new information and um i now believe that
the top of bitcoin is a hundred thousand dollars it may go up to 120 at the highest
uh brakes are getting slammed on that thing as i say by um you know the financial cartel they
don't want bitcoin to go to 300 000 like i had predicted uh because if it did if it did nobody
would ever invest in the stock market again so the the the financial cartel has to keep a balance
between all things i bring all that up to say the bitcoin price and the ethereum price obviously
have a big effect on price predictions on all the coins down below that so i that there were
people like simon dedic of block fire who believe that vechain can get to two dollars in the cycle
right now it's sitting at 12 cents it peaked out at uh 25 cents back on april uh 17th yeah april
17th 25 cents so at 25 cents in may it looked like hey that was actually possible maybe it could get
back up to you know maybe a cookie to two dollars my prediction was always one dollar for v chain
or this cycle i would say though now i do not believe it will hit one dollar in this cycle
uh v chain did not hold as well as as many of the other projects during the crash maybe
because it had been on such a parabolic move i think a good price target still for this bull
run it could hit a dollar but i think 60 to 75 cents is probably where you want to be looking
at right now for v chain you know for the rest of this year or not not the rest of the year
but by the end of this cycle i believe and uh you know probably in november for all coins
interesting and well obviously and then my next obvious question which we love asking you know
guests and whenever you come on is you know how many would you maybe need to be financially stable
obviously if it hits a dollar you would need a million of them and you'd have a million dollars
but i want to talk realistic if it goes to those levels um how many v chain would you
say the average person needs to be wealthy well i i would say if you have 250 000
over the next eight years you have a good shot um because that that would put um you know
the numbers as something very reasonable for a pump over the long term obviously yeah if it goes
to a dollar during this cycle then yeah that's that's great you it would be a million dollars if
you had a million b chain um but i don't know if it's going to end up with that nice round number
but i believe that vechain is going to at least 4x its all-time high this cycle
in the next cycle i think we could you know v chain could be uh depending on what happens in
the supply chain world i mean it's the use case is 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 it's got a big community when you look at how much
you know is getting exported from china if you look at all the different you know from tracking
wine bottles to tracking luxury goods to tracking art pieces and auctions it does all that you know
they say from farm to table basically contract food pharmaceuticals all that stuff i think the
next cycle really could be chains you know cycle once we have a lot more smart contract platforms
it's integrated with because that will certainly be coming uh at some point uh i i think that 250
000 could be a number over the next you know i said eight years but the next four to eight years
by the end of the next cycle that we look at uh and i would say to people you know it would
definitely be good to accumulate this one in the uh in the bear market like i mentioned earlier
and you're loving it you have a portion of your portfolio in vechain
yeah i think we were looking the other day because it did not because it hasn't held as well as some
of the other ones it at one time was our number six coin in our portfolio that would have been
behind bitcoin ethereum uh cardano uh binance coin and polka dot those were our top five uh
it actually was number six but right now it's sitting at number 11 uh because it just hasn't
held as well or bounced back as high as many of those other ones have but i think it will
i love it i love it bitboy i mean there's so much more we can talk about we have a conversation like
this every week on your channel for around the blockchain you talk about stuff like this every
day as do we so we'll just have to continue this conversation at a later date subscribe to
the channel smash the like button comment your thoughts below because honestly it's not just
about what we think it's about you know what do the people who've been in this space a while think
thank you for coming on bitboy final thoughts for the altcoin daily audience
yeah i thought i just i just pulled up my portfolio so i thought i'd just tell
everybody you know we're very transparent on the channel tell everybody how much we have
we have 2.215 million vijay so that's how many we got uh so you know and we certainly appreciate
you guys coming on around the blockchain uh every week if you guys want to check them out make sure
to check out my channel uh just because you want to see them uh come there and verbally lash me
that's right it's the fun of it all right hey great episode ben thank you