1 00:00:00,120 --> 00:00:04,400 GMGM Everyone checking the audios. 2 00:00:04,400 --> 00:00:07,320 OK, it's obviously taking over the show. 3 00:00:07,800 --> 00:00:12,360 No oak, no OSF no Paroke today no more. 4 00:00:12,480 --> 00:00:14,480 Just me. And we've brought on a special 5 00:00:14,480 --> 00:00:18,080 guest Wizard of Soho to to join us. 6 00:00:19,080 --> 00:00:21,040 We did it. We did a rec radio show a couple 7 00:00:21,040 --> 00:00:23,680 weeks ago and the people loved it so much we thought, yeah, you 8 00:00:23,680 --> 00:00:25,040 how you want to Co host this week. 9 00:00:26,320 --> 00:00:32,439 How you doing, Wes? Are you there? 10 00:00:32,840 --> 00:00:34,800 Audio, Do you hear me? Yeah, we. 11 00:00:35,440 --> 00:00:36,120 Can. Yeah. 12 00:00:37,880 --> 00:00:39,920 Yeah, man, doing good. Just looking at the market, it's 13 00:00:39,920 --> 00:00:43,320 been a lot of lot of action. So yeah, excited to be here. 14 00:00:43,680 --> 00:00:46,480 Thanks for having me on again. It's a beautiful, pudgy Penguin. 15 00:00:46,480 --> 00:00:48,040 And how many pudgies do you actually own? 16 00:00:48,040 --> 00:00:53,800 I think? 1212 Bighorns and yeah, there's 17 00:00:53,800 --> 00:00:57,160 like, The thing is, I always would buy like random NFTS with 18 00:00:57,160 --> 00:00:59,600 my, like, you know, shit coin wallets. 19 00:00:59,960 --> 00:01:01,720 Like whenever I make some money, I always put it in. 20 00:01:01,720 --> 00:01:04,480 So I have like random wallets with pudgies. 21 00:01:04,480 --> 00:01:05,519 So I have to still go through them. 22 00:01:05,519 --> 00:01:09,880 But I think 12 big ones and around 20 of the little ones and 23 00:01:09,880 --> 00:01:12,000 then I think just like two or three rugs. 24 00:01:12,520 --> 00:01:14,920 Yeah, nice. Definitely. 25 00:01:14,920 --> 00:01:17,400 Definitely feels like the best play this cycle so far. 26 00:01:17,400 --> 00:01:20,600 We so where have we been. We've obviously missed a couple 27 00:01:20,600 --> 00:01:24,680 of shows so far the Farrok has been and myself we're in when 28 00:01:24,680 --> 00:01:27,760 Davos actually had to come in a little bit early but and 29 00:01:27,760 --> 00:01:30,480 unfortunately OSF's had a meeting but we'll get into to 30 00:01:30,520 --> 00:01:33,480 Davos. It's kind of a weird vibe to to 31 00:01:33,480 --> 00:01:36,520 be there. One person that we did see out 32 00:01:36,520 --> 00:01:40,440 there was Ledger Ledger sponsoring the the show again 33 00:01:40,440 --> 00:01:42,560 for this month. Shout out to them they were 34 00:01:42,560 --> 00:01:46,320 having a big party I think last night Ledger Illuminati Vibes 35 00:01:46,840 --> 00:01:48,680 just outside of just outside of Davos. 36 00:01:49,000 --> 00:01:50,640 But yeah, so a bunch of different people. 37 00:01:50,640 --> 00:01:52,760 It was it was a it was a pretty cool conference. 38 00:01:52,760 --> 00:01:54,160 You ever You ever been to Switzerland, Wiz? 39 00:01:57,000 --> 00:01:58,560 Yeah, yeah, yeah. I've been to Switzerland. 40 00:01:58,560 --> 00:02:00,080 Not I've been to Switzerland three times. 41 00:02:00,080 --> 00:02:03,880 I was just there in 22, just did Zurich. 42 00:02:04,160 --> 00:02:07,000 But I've been, I've been to skiing once since St. 43 00:02:07,000 --> 00:02:08,919 Mauritz, I think it was like 2018. 44 00:02:09,280 --> 00:02:13,280 And then Vince wants to stod, but never to Davos. 45 00:02:13,280 --> 00:02:17,320 I've heard it's actually kind of crazy during the conference, but 46 00:02:17,320 --> 00:02:19,320 I've never made it. Dude, it was wild. 47 00:02:20,120 --> 00:02:22,480 You like, drive up and it. It's something you're driving 48 00:02:22,480 --> 00:02:24,360 right up into the mountains. It's right next to Saint Morris. 49 00:02:24,360 --> 00:02:28,920 So it's like this very small little village, like right up 50 00:02:28,920 --> 00:02:30,480 there in the mountains. And you feel like you're really 51 00:02:30,480 --> 00:02:32,280 going to like, I don't know, some lair. 52 00:02:33,080 --> 00:02:36,120 There's military everywhere, literally military everywhere, 53 00:02:36,120 --> 00:02:37,840 all around Zurich and all the way on the way up. 54 00:02:38,400 --> 00:02:40,520 You get, you get in there, there's like snipers on all the 55 00:02:40,520 --> 00:02:43,880 different roofs, but then it's kind of a weird conference, like 56 00:02:43,880 --> 00:02:47,800 it's basically just a bunch of like Apre ski bars in Davos 57 00:02:47,800 --> 00:02:49,080 that. Makes sense? 58 00:02:49,760 --> 00:02:51,800 They have a, they have a like a conference for the World 59 00:02:51,800 --> 00:02:53,920 Economic Forum. But the crypto bit of it is kind 60 00:02:53,920 --> 00:02:59,640 of the side bit and it's, it's interesting you met, I did meet 61 00:02:59,640 --> 00:03:00,800 a lot of people. There's a lot of people in 62 00:03:00,800 --> 00:03:02,840 suits. It's a bit more trad fire I 63 00:03:02,840 --> 00:03:05,560 think as a conference. But yeah, it's interesting the 64 00:03:05,560 --> 00:03:10,760 best, the best bit we actually saw was the founder of of 65 00:03:10,760 --> 00:03:15,320 Carlisle David Rubenstein. He was speaking to he was 66 00:03:15,320 --> 00:03:17,480 speaking there and he was, he was really, really he was really 67 00:03:17,480 --> 00:03:20,000 really good. And we had the The Circle IPO 68 00:03:20,000 --> 00:03:22,040 and it was Scaramucci doing the doing the interviews. 69 00:03:22,040 --> 00:03:28,520 But that was, that was the the DWF boys coin Telegraph team was 70 00:03:28,520 --> 00:03:32,320 out there Ledger a bunch of different people and I would say 71 00:03:32,320 --> 00:03:34,480 that we went into a bunch of two different houses. 72 00:03:35,880 --> 00:03:39,000 The crypto ones were full, the other tech ones weren't. 73 00:03:39,080 --> 00:03:41,400 AI was also full. I would say AI was actually more 74 00:03:41,400 --> 00:03:43,840 full. AI was more full than the crypt 75 00:03:43,840 --> 00:03:45,280 at once. Like anything that said it was 76 00:03:45,280 --> 00:03:47,560 to do with AI. He looked inside the events and 77 00:03:47,560 --> 00:03:48,800 they were always absolutely packed. 78 00:03:48,800 --> 00:03:50,840 But it did still feel like crypto. 79 00:03:51,040 --> 00:03:53,600 We had a good showing, at least this year and actually some of 80 00:03:53,600 --> 00:03:55,360 the headlines I don't know if you even saw today, but Jamie 81 00:03:55,360 --> 00:03:57,200 Dimon's talking about it, a bunch of different people's 82 00:03:57,200 --> 00:04:00,080 talking about it. It still felt like after that 83 00:04:00,080 --> 00:04:06,000 ETF like success but now everyone it was still back on 84 00:04:06,000 --> 00:04:08,240 the agenda. So I don't know maybe maybe it's 85 00:04:08,240 --> 00:04:08,840 not dead. I'm. 86 00:04:09,120 --> 00:04:12,120 Surprised there were crypto. Like I I I mean, I guess, like I 87 00:04:12,120 --> 00:04:14,240 haven't. Like I just know Dave was from 88 00:04:14,240 --> 00:04:16,120 like you know back like tried five days because there was a 89 00:04:16,120 --> 00:04:18,680 big like economic conference and you'd have all like the 90 00:04:18,680 --> 00:04:20,880 economists and strategists from like you know you're fun or 91 00:04:20,880 --> 00:04:23,240 whatever go. But I like. 92 00:04:23,440 --> 00:04:27,280 So I mean I'm assuming some of this is true, but I just always 93 00:04:27,280 --> 00:04:30,200 thought it was like a like absolute like debauchery bulls 94 00:04:30,200 --> 00:04:34,880 like shit, like just like parties and just like the amount 95 00:04:34,880 --> 00:04:38,920 of hookers from all over Europe that fly into Davos for like the 96 00:04:38,920 --> 00:04:41,320 conference. Like like it's like ridiculous 97 00:04:41,320 --> 00:04:42,920 like that. But I like, I again, I've never 98 00:04:42,920 --> 00:04:45,440 been. But like from people that I know 99 00:04:45,440 --> 00:04:49,280 in Tribe fight have gone like that's what they say. 100 00:04:49,280 --> 00:04:52,520 Like they can make it seem like it's some very high end, which 101 00:04:52,520 --> 00:04:53,800 it is. I mean, they do have a lot of 102 00:04:54,120 --> 00:04:57,760 stuff talks, but it's just what I've heard is just, it's like 103 00:04:57,760 --> 00:05:01,120 just just ratchet shit. Like, just like, I don't know, 104 00:05:01,120 --> 00:05:04,280 did you see any of that like? I don't know, like obviously 105 00:05:04,280 --> 00:05:06,240 there's a lot of rumours about Davos, right? 106 00:05:06,240 --> 00:05:12,680 Like Illuminati vibes. It seemed very dull to me, like 107 00:05:13,040 --> 00:05:15,360 the vast majority. There were quite a lot of locals 108 00:05:15,360 --> 00:05:17,960 there who were just like doing cross country skiing. 109 00:05:18,520 --> 00:05:23,040 There was a lot of like fur coats and crazy wealth. 110 00:05:23,320 --> 00:05:26,200 Like the cars that were rolling through Davos were kind of wild. 111 00:05:26,840 --> 00:05:30,240 I didn't see like the degen side of Davos at all, although I had 112 00:05:30,240 --> 00:05:32,760 to leave slightly earlier. I don't know if like the the 113 00:05:32,760 --> 00:05:34,120 party. Just didn't get invited. 114 00:05:34,120 --> 00:05:35,360 Maybe because you're a crypto guy. 115 00:05:35,760 --> 00:05:38,480 Maybe these? Fucking crypto DeGeneres can't 116 00:05:38,480 --> 00:05:40,840 have them around us. Crypto was still the coolest bit 117 00:05:40,840 --> 00:05:42,480 of that conference, trust me. Like it? 118 00:05:42,520 --> 00:05:45,880 It was distinctly uncool. Apart from the AI and crypto 119 00:05:45,880 --> 00:05:48,120 side, events like everything else just seemed kind of 120 00:05:48,120 --> 00:05:50,920 run-of-the-mill. It's amazing that crypto even 121 00:05:50,920 --> 00:05:53,240 had a presence. Like, I think that is so bullish 122 00:05:53,760 --> 00:05:57,200 that one of the biggest, like, economic conferences has a 123 00:05:57,200 --> 00:05:59,840 crypto arm now like that. That's phenomenal to even hear. 124 00:06:00,040 --> 00:06:02,280 I was so surprised when like, Peroka was like, yeah, I'm going 125 00:06:02,280 --> 00:06:03,840 to Davos. I was like, oh, you guys 126 00:06:03,840 --> 00:06:06,440 covering tradfy stuff now. And he was like, no crypto. 127 00:06:06,440 --> 00:06:08,360 I was like, what the hell? Like, I didn't even know Davos 128 00:06:08,360 --> 00:06:10,600 had crypto stuff. So that's pretty amazing. 129 00:06:10,880 --> 00:06:12,760 Yeah, it's. Crypto 2030 I think is the main 130 00:06:12,760 --> 00:06:17,920 event or which is I don't know just like a generic name but 131 00:06:17,920 --> 00:06:22,560 it's yeah it was busy and then that like I would say a lot of 132 00:06:22,560 --> 00:06:30,000 the a lot of the the L ones they seem to have like partnerships 133 00:06:30,080 --> 00:06:32,880 with with other tech tech like houses. 134 00:06:32,880 --> 00:06:36,320 So I think Ava Labs had something there. 135 00:06:36,320 --> 00:06:40,240 Hadera, you know these like ones which have have some links back 136 00:06:40,240 --> 00:06:43,200 to like big tech. And. 137 00:06:44,400 --> 00:06:47,640 Then obviously some like the like BlackRock was there. 138 00:06:47,640 --> 00:06:49,640 So you had that being spoken about. 139 00:06:49,720 --> 00:06:52,400 But it was, yeah, it was, it was definitely more integrated. 140 00:06:52,400 --> 00:06:54,600 And then to be honest, I met a bunch of feds. 141 00:06:54,600 --> 00:06:56,800 It was a lot of people working in blockchain who are really 142 00:06:56,800 --> 00:07:02,480 working on like KYC and tracking wallets right there. 143 00:07:03,360 --> 00:07:04,480 Yeah, some of that. Sauce. 144 00:07:05,400 --> 00:07:08,160 Met at least three different providers doing that, that sort 145 00:07:08,160 --> 00:07:10,920 of thing. And they're they're big. 146 00:07:11,040 --> 00:07:13,200 And clearly we're like the sponsors of half of the events 147 00:07:13,200 --> 00:07:15,280 as well. Like we are all about to be 148 00:07:15,280 --> 00:07:18,840 tracked to within an inch of our lives if if they, if they get 149 00:07:18,840 --> 00:07:21,440 their way. And it was kind of weird 150 00:07:21,440 --> 00:07:23,480 speaking to them about blocking because they were like, you 151 00:07:23,480 --> 00:07:25,440 know, it's really great. We can like track everyone's 152 00:07:25,440 --> 00:07:28,720 payments like we can stop all all, like every payment 153 00:07:28,720 --> 00:07:30,560 possible. And I was like, this doesn't set 154 00:07:30,560 --> 00:07:33,240 like you're the most anti crypto crypto person I think I've ever 155 00:07:33,240 --> 00:07:36,240 met. Like it was definitely about 156 00:07:36,240 --> 00:07:38,080 retaining control for the Illuminati. 157 00:07:38,320 --> 00:07:42,560 Exactly, exactly. But yeah, apart from that it 158 00:07:42,560 --> 00:07:47,960 was, it was cold as hell -16 but it was, it was still a, it was 159 00:07:47,960 --> 00:07:50,480 still a good good event. I don't know if I'll go again, 160 00:07:50,480 --> 00:07:53,280 but it was it was definitely a good event anyway. 161 00:07:53,280 --> 00:07:55,520 We'll get into what's been going on in the markets. 162 00:07:55,520 --> 00:07:58,720 We obviously missed a couple of days but markets haven't moved 163 00:07:58,720 --> 00:08:03,000 that much but but macro seems to be having a bit of a a week or a 164 00:08:03,000 --> 00:08:04,560 continued weak start to the year. 165 00:08:04,560 --> 00:08:07,760 You'd have you have stock selling off, your team just sell 166 00:08:07,760 --> 00:08:10,520 off, you have bonds also selling off. 167 00:08:10,520 --> 00:08:11,840 There's there's a range of different reasons. 168 00:08:11,840 --> 00:08:16,440 You had ECB Fed both saying that Fed officials both saying they 169 00:08:16,480 --> 00:08:19,520 think interest rates are going to be higher but longer You had 170 00:08:19,640 --> 00:08:23,440 UK inflation surprising to the upside and then China just is 171 00:08:23,600 --> 00:08:25,840 completely falling out of bed. I think Chinese stocks are like 172 00:08:25,840 --> 00:08:28,880 a five year low. Hong Kong stocks were down 4% 173 00:08:28,880 --> 00:08:30,800 again today. It's really blowing up there. 174 00:08:30,800 --> 00:08:33,360 I don't know what you've been following or what I've maybe 175 00:08:33,360 --> 00:08:35,440 missed, but how how you how are you looking at macro right now? 176 00:08:36,120 --> 00:08:38,760 Yeah. My thing is funny, I was talking 177 00:08:38,760 --> 00:08:43,320 with OSF about that on the timeline yesterday, the March 178 00:08:43,320 --> 00:08:46,280 cuts, right like so, so we're, I think maybe it's a little bit 179 00:08:46,280 --> 00:08:50,880 lower now, but like yesterday or day before it was like 75 to 80% 180 00:08:51,240 --> 00:08:57,000 of having a 25 basis point March cut, which I thought was pretty 181 00:08:57,000 --> 00:08:58,840 intense. So I kind of just like dug 182 00:08:58,840 --> 00:09:01,720 around, you know, I was like all right, let's kind of see what's 183 00:09:01,720 --> 00:09:05,000 going on in the world like so you know core inflation is still 184 00:09:05,000 --> 00:09:10,800 pretty sticky it's it printed lower than 4%, but it's it's not 185 00:09:10,800 --> 00:09:15,760 like you know when we when that big dump from like June 2022 to 186 00:09:15,760 --> 00:09:18,600 like a few months ago. So that was kind of concerning. 187 00:09:19,320 --> 00:09:23,200 Fat has definitely gotten very dovish especially from the 188 00:09:23,200 --> 00:09:25,080 December meeting. And so you know I was kind of 189 00:09:25,080 --> 00:09:28,520 looking at that, but then saw the last two numbers, right, The 190 00:09:28,520 --> 00:09:31,640 only numbers that kind of matters CPI and then payrolls 191 00:09:32,400 --> 00:09:34,960 and then probably like retail sales and stuff like that, but 192 00:09:35,280 --> 00:09:39,240 which came out today which was just really bad, but payrolls 193 00:09:39,240 --> 00:09:40,960 was not great. Shock to the upside. 194 00:09:41,480 --> 00:09:45,000 Then we had CPI that kind of came in on the screws to 195 00:09:45,000 --> 00:09:48,840 slightly upside actually. And then you had and shelter was 196 00:09:48,840 --> 00:09:51,640 a big component of that, which is like you know the the biggest 197 00:09:51,640 --> 00:09:54,640 problem with core inflation. And then today you had retail 198 00:09:54,640 --> 00:10:00,480 sales that shocked to 0.6% after 0.3 or 0.4% expectation or 199 00:10:00,480 --> 00:10:02,960 something like that, I forget. So there's a big move up. 200 00:10:03,240 --> 00:10:05,840 So I don't get it. There's two data points left. 201 00:10:05,840 --> 00:10:10,800 You have payrolls and you got CPI coming up for next month and 202 00:10:11,400 --> 00:10:15,040 there's zero guidance from the Fed on cutting like last. 203 00:10:15,040 --> 00:10:18,000 They said they're not going to cut until like maybe late in the 204 00:10:18,000 --> 00:10:22,520 year markets forcing their hand because bond market thinks that 205 00:10:22,520 --> 00:10:25,920 the fucking hard landings coming are growth's about to capitulate 206 00:10:25,920 --> 00:10:27,920 in the next three months. So like, I don't know. 207 00:10:27,920 --> 00:10:29,080 I couldn't wrap my head around this. 208 00:10:29,080 --> 00:10:32,840 I was like either the Fed has to stop giving guidance like ASAP, 209 00:10:32,960 --> 00:10:35,040 which they kind of seemed like some governors were talking 210 00:10:35,040 --> 00:10:37,920 about it yesterday or they're like, all right, we're just 211 00:10:37,920 --> 00:10:40,640 going to cut because the market's kind of just saying and 212 00:10:40,640 --> 00:10:43,600 force their hand on to like a Fed put kind of thing. 213 00:10:45,320 --> 00:10:48,400 So yeah, I don't know. I'm, I'm, I don't see, I mean 214 00:10:48,400 --> 00:10:51,800 even if they cut, if they cut, then the market can expect that, 215 00:10:51,800 --> 00:10:54,240 hey what does the Fed know that we don't know, right. 216 00:10:54,480 --> 00:10:57,280 So then it's panic because then you have a scenario where every 217 00:10:57,280 --> 00:11:00,320 pivot that we've had in history saw the market tank after pivot, 218 00:11:00,600 --> 00:11:03,920 but those markets tanked after pivot because you know, the you 219 00:11:03,920 --> 00:11:06,200 had, it was like a shock. It was like, oh shit, we're 220 00:11:06,200 --> 00:11:07,640 about to go into a hard recession. 221 00:11:07,920 --> 00:11:10,840 That's why Fed's cutting, right. And then usually you see AV 222 00:11:10,880 --> 00:11:13,800 shaped recovery, but I don't know, I don't, I don't if you 223 00:11:13,800 --> 00:11:16,560 see like a gradual cut, the market's bullish market should 224 00:11:16,560 --> 00:11:18,960 keep pumping. But if it's if there's any shock 225 00:11:18,960 --> 00:11:21,520 in the system, I mean I don't know, I don't know. 226 00:11:21,520 --> 00:11:23,800 What do you think? I think, I think we rallied a 227 00:11:23,800 --> 00:11:27,200 lot in Q4 and expectations were very, very high coming into this 228 00:11:27,200 --> 00:11:30,520 year that it was just going to be an easy soft landing like we 229 00:11:30,520 --> 00:11:32,080 were. We were we ripped right. 230 00:11:32,080 --> 00:11:34,200 Stocks basically hit all all time highs. 231 00:11:34,680 --> 00:11:37,280 Greatest rally in 100 years, sharp ratio wise. 232 00:11:37,880 --> 00:11:40,800 And then and then we're just like you know, chickens are 233 00:11:40,800 --> 00:11:43,480 coming home to roost a bit, little bit Feds not being as as 234 00:11:43,480 --> 00:11:45,200 bullish. We've had some not like 235 00:11:45,200 --> 00:11:47,800 horrific, we're not talking about inflation going back up to 236 00:11:47,800 --> 00:11:52,920 like 5-6 seven percent, but like it's coming in what nought .1% 237 00:11:52,920 --> 00:11:57,120 higher than expected and then UK inflation slightly, you know 238 00:11:57,120 --> 00:12:00,280 going higher and and what's going on in the Red Sea, you 239 00:12:00,280 --> 00:12:03,280 know, could push up some freight rates in, in places like Europe. 240 00:12:03,280 --> 00:12:07,560 So yeah, it's just like a little bit more dampening of 241 00:12:07,560 --> 00:12:10,640 expectations and you know we're going to go back to the like 242 00:12:10,640 --> 00:12:12,600 roaring 20s, Everything's going to hit a new high. 243 00:12:12,600 --> 00:12:17,720 So yeah, that's that's where it's the US And I'm not that 244 00:12:17,720 --> 00:12:20,760 worried like I think stocks could sell off a little bit, 245 00:12:21,200 --> 00:12:23,560 little bit more even here. But I think that may even be 246 00:12:23,560 --> 00:12:26,040 healthy just given how how strong the rally was. 247 00:12:26,080 --> 00:12:29,240 I don't really see, apart from like the obvious places like 248 00:12:29,240 --> 00:12:34,400 commercial real estate and and you know, just the general huge 249 00:12:34,400 --> 00:12:35,760 debt on government balance sheets. 250 00:12:35,760 --> 00:12:37,880 I don't really see that spiraling out this year though. 251 00:12:37,880 --> 00:12:39,040 Like, it just doesn't really feel like that. 252 00:12:39,040 --> 00:12:41,200 Sort of an environment where it's all just gonna fucking 253 00:12:41,240 --> 00:12:43,280 we're gonna see huge credit events or stuff like that. 254 00:12:43,280 --> 00:12:46,800 So, no, no. Yeah, definitely coverage 255 00:12:46,800 --> 00:12:49,120 markets sort like credit markets, fine. 256 00:12:49,120 --> 00:12:52,640 Like, I don't think it's like capitulation, like like, I think 257 00:12:52,640 --> 00:12:55,600 it's more like a pullback required unless we get a hard 258 00:12:55,600 --> 00:12:59,160 landing, right? Then you could see a 259 00:12:59,160 --> 00:13:01,320 capitulation scenario. But growth is still great. 260 00:13:01,320 --> 00:13:04,520 I mean we, we just printed more than 200,000 jobs last month. 261 00:13:04,520 --> 00:13:07,440 Like clearly GDP is doing good. The country's doing well, 262 00:13:07,720 --> 00:13:10,960 inflation's down. It just seems like couple things 263 00:13:10,960 --> 00:13:13,360 seem a little stretched like exactly like you said, like 264 00:13:13,600 --> 00:13:16,600 we've rallied so much, right? Like even crypto like this. 265 00:13:16,600 --> 00:13:19,760 I mean you have like every day there's a coin going, a meme 266 00:13:19,760 --> 00:13:22,920 coin going like 5000 X, right. Like, I mean these are all 267 00:13:22,920 --> 00:13:27,720 signals of we're getting closer to like a local top, but I mean 268 00:13:27,720 --> 00:13:31,000 Bitcoin clearly it seems like short term hit that local top 269 00:13:31,000 --> 00:13:35,360 with ETF, right. And ET is definitely, you know, 270 00:13:35,360 --> 00:13:38,520 outperforming right now, you know, relative to BTC. 271 00:13:38,520 --> 00:13:41,000 But you know stocks are definitely, definitely getting 272 00:13:41,000 --> 00:13:43,400 worrisome for me, man. I think we could see like you 273 00:13:43,400 --> 00:13:46,600 know on queues we could see like at least a pull to you know 274 00:13:46,600 --> 00:13:48,560 maybe 380 or something like that. 275 00:13:48,560 --> 00:13:51,200 Like I'm not, I don't see anything going to 300 or like 276 00:13:51,720 --> 00:13:54,600 you know maybe like a like a four to 5% pull back is what I 277 00:13:54,600 --> 00:13:57,960 was thinking yesterday. But you're already at 1.5% now 278 00:13:57,960 --> 00:14:02,440 today on retail sales unused. So you know if the Fed is a 279 00:14:02,440 --> 00:14:06,240 little, if Fed hiccups a little bit like then we could see like 280 00:14:06,240 --> 00:14:08,400 you know maybe another like 4 or 5%. 281 00:14:08,680 --> 00:14:11,880 So you see BTC go down to like you know, might touch that 38K 282 00:14:11,880 --> 00:14:14,760 level which is like fine. Like I feel like that's all like 283 00:14:14,760 --> 00:14:18,200 it's nothing crazy but it's not like you know like boom, boom, 284 00:14:18,200 --> 00:14:19,680 boom. We're gonna hit like you know 285 00:14:19,680 --> 00:14:23,440 60K in the next like few days. But yeah, I don't, I don't see 286 00:14:23,960 --> 00:14:26,600 any credit capitulations. Spreads are like completely 287 00:14:26,600 --> 00:14:30,200 fine. I just, I just, I think once 288 00:14:30,200 --> 00:14:33,320 this March thing is done and we have a better idea of if March 289 00:14:33,320 --> 00:14:36,640 cuts will happen or not, like that uncertainty, I think market 290 00:14:36,640 --> 00:14:39,520 is kind of chopping around and can cause some turmoil. 291 00:14:39,520 --> 00:14:42,240 And yeah, the Red Sea stuff, China, Hong Kong, like all that 292 00:14:42,240 --> 00:14:44,520 shit's getting like they're taking big hits right now. 293 00:14:45,280 --> 00:14:48,000 The Hong Kong index was down like a three, 4% today too. 294 00:14:48,000 --> 00:14:50,760 So yeah, those things I mean that you got to keep an eye for. 295 00:14:50,760 --> 00:14:54,840 I mean the nice thing is there's so much ETF narrative and 296 00:14:54,840 --> 00:14:57,920 inflows in crypto that it's kind of giving us support. 297 00:14:58,440 --> 00:15:01,080 But hey, you know, that should only last so long. 298 00:15:01,840 --> 00:15:06,400 So yeah, it looks like, I mean the the why, why also alongside 299 00:15:06,400 --> 00:15:09,200 the macro worries at the moment for well not only worries but 300 00:15:09,200 --> 00:15:12,040 just like the macro macro softness let's say which is 301 00:15:12,400 --> 00:15:15,520 maybe holding back crypto is you know every single day we're 302 00:15:15,520 --> 00:15:21,120 seeing 400 to 800 million of Bitcoin being sent by Grayscale 303 00:15:21,400 --> 00:15:24,160 Coinbase to sell. It does look like net inflows 304 00:15:24,400 --> 00:15:26,920 over the last week have been something along the lines of 305 00:15:26,920 --> 00:15:30,840 around 800 million. So that's like 100 million a day 306 00:15:30,920 --> 00:15:33,760 roughly just just higher which is still decent. 307 00:15:33,800 --> 00:15:37,200 But you know and obviously it will it will ratchet up. 308 00:15:37,840 --> 00:15:40,840 It will you know it could it could really grow but I still 309 00:15:40,840 --> 00:15:42,560 think that's that's a that's a decent scenario. 310 00:15:42,560 --> 00:15:46,400 It's probably not as good as people were hoping but it's but 311 00:15:46,400 --> 00:15:50,040 it's still it's still it's still OK that's not that's not really 312 00:15:50,040 --> 00:15:51,080 helped. Bitcoin's definitely 313 00:15:51,080 --> 00:15:53,360 underperforming. I think Bitcoin dominance I need 314 00:15:53,360 --> 00:15:55,480 to look at where it is. Yeah down to 51%. 315 00:15:55,480 --> 00:16:01,240 I mean that was a I hit 57 I think at one stage or 56 right 316 00:16:01,240 --> 00:16:07,120 before the the ETF came and now it's quite a wild move and 317 00:16:07,120 --> 00:16:12,440 you're seeing things like eat Solana, some of the L ones today 318 00:16:12,440 --> 00:16:17,040 like say is up again. I saw Tear actually went down 319 00:16:17,040 --> 00:16:19,120 because Vitalic like slightly flooded it. 320 00:16:19,120 --> 00:16:25,440 But generally you've seen stuff go slightly, slightly higher in 321 00:16:25,440 --> 00:16:27,600 some of the other ones and it definitely feels like a bit of 322 00:16:27,720 --> 00:16:29,840 an altcoin season is happening. But I just don't really know how 323 00:16:29,840 --> 00:16:33,040 that long that lasts if if Bitcoin stays around but. 324 00:16:33,080 --> 00:16:35,080 What does that mean? Like I keep seeing that like 325 00:16:35,080 --> 00:16:37,600 people, people are like all kind seasons coming. 326 00:16:37,600 --> 00:16:41,560 Like like have people not been watching like the returns like 327 00:16:42,240 --> 00:16:45,280 like whatever that C or whatever coin everybody's talking about 328 00:16:45,440 --> 00:16:51,360 like 1000% Solana went up what 650% Eat is up from $800 from 329 00:16:51,520 --> 00:16:53,040 you know, I mean, yeah it's fine, it's underperform. 330 00:16:53,040 --> 00:16:55,720 But you know liquidity on Eat is also and collateral is like 331 00:16:55,720 --> 00:16:58,040 insane, right. So it's still done really well. 332 00:16:58,040 --> 00:17:01,280 Like like like I don't understand We've been in one of 333 00:17:01,280 --> 00:17:06,160 the like best all coin seasons since like fucking like you know 334 00:17:06,160 --> 00:17:09,720 2021 like so I don't understand like what other like it's just 335 00:17:09,720 --> 00:17:11,839 it's at this point it's only diminished returns. 336 00:17:12,160 --> 00:17:14,520 Like it doesn't make any sense like what are people expecting 337 00:17:14,520 --> 00:17:18,280 like a 10X on Solana from here over the next few months Or the 338 00:17:18,280 --> 00:17:21,079 other favorite thing is when the bull market comes like this is 339 00:17:21,079 --> 00:17:24,560 going to pump like I'm like well what do you call it is it. 340 00:17:24,800 --> 00:17:27,800 And like stocks have already crossed all time highs, rates 341 00:17:27,800 --> 00:17:30,400 have dumped like you know what is that one of the one of the 342 00:17:30,400 --> 00:17:35,720 most brutal bond sell offs in like I don't even know how long, 343 00:17:35,720 --> 00:17:39,560 like what are we talking about? But it's like, but that's a very 344 00:17:39,560 --> 00:17:41,840 interesting thing that means it's all these sideline people 345 00:17:42,160 --> 00:17:44,600 that are just jumping in with like leverage because they want 346 00:17:44,600 --> 00:17:48,160 to catch up or they go into you know down the scale on risk on 347 00:17:48,160 --> 00:17:51,160 crypto. So like go down on the the, you 348 00:17:51,160 --> 00:17:54,480 know, the the, you know, from like L ones, like safe L ones to 349 00:17:54,480 --> 00:17:59,400 like L twos to like you know fucking like shitters and random 350 00:17:59,400 --> 00:18:01,560 gaps so that they can catch up to the market. 351 00:18:01,800 --> 00:18:03,640 But this is exactly what happens every time. 352 00:18:03,640 --> 00:18:05,200 It's the same thing happened in 2021. 353 00:18:05,560 --> 00:18:09,440 People go down the the, the risk scale and then get caught and 354 00:18:09,440 --> 00:18:13,240 then it's like oh fuck, like, but I I don't think it's as bad 355 00:18:13,280 --> 00:18:16,480 as it was in like you know end of 2021 or anything like that. 356 00:18:16,800 --> 00:18:19,640 But it's like, I just don't understand like what's the all 357 00:18:19,640 --> 00:18:22,240 coin season that's coming? Like we're in it, it's been 358 00:18:22,240 --> 00:18:24,200 happening. Like, what the fuck? 359 00:18:24,960 --> 00:18:26,960 Yeah it's wild to I agree with you. 360 00:18:27,000 --> 00:18:29,600 Like all coin season, it feels like if you're now calling for 361 00:18:29,600 --> 00:18:31,560 an all coin season it's it's kind of towards the end of that 362 00:18:31,560 --> 00:18:32,880 run. But I think it's more just that, 363 00:18:33,000 --> 00:18:35,200 you know, all coins are finally starting to outperform Bitcoin. 364 00:18:35,720 --> 00:18:39,920 That at that stage of the cycle, I don't know if I love them as 365 00:18:39,920 --> 00:18:43,520 much, Like if bitcoins going lower normally that also catches 366 00:18:43,520 --> 00:18:46,440 up with all coins at some stage and we'll have some like already 367 00:18:46,440 --> 00:18:49,680 bloody day where everything's down download even today, you 368 00:18:49,680 --> 00:18:51,720 know, it feels a little bit precarious already. 369 00:18:52,040 --> 00:18:55,440 Definitely under pressure today. I mean I think yeah, like it's 370 00:18:55,440 --> 00:18:57,520 funny the first thing I got up this morning and I was just like 371 00:18:57,520 --> 00:18:59,720 you know what I'm just going to short a couple things and I 372 00:18:59,720 --> 00:19:02,320 haven't really shorted in like months like anything serious. 373 00:19:02,760 --> 00:19:05,880 And because I I put a couple like queues puts I get short of 374 00:19:05,880 --> 00:19:08,080 stocks and bonds and I was think you know what I'll throw a 375 00:19:08,080 --> 00:19:13,480 couple like little on Solana eat and BTC and right away just like 376 00:19:13,480 --> 00:19:16,040 bombarded. You're not gonna make it you're 377 00:19:16,040 --> 00:19:18,600 short like bro I've been such a bull this whole plan like it's 378 00:19:18,600 --> 00:19:20,920 not a big deal. I was like alright this is great 379 00:19:20,920 --> 00:19:22,520 energy. This is exactly what you wanna 380 00:19:22,520 --> 00:19:25,400 see when you're short because you know people are over lover 381 00:19:25,400 --> 00:19:27,000 and you can see those capitulations. 382 00:19:27,480 --> 00:19:30,480 But again like I The thing is inherently I'm still bullish 383 00:19:30,560 --> 00:19:32,920 until I get you know more confirmation. 384 00:19:32,920 --> 00:19:36,800 But I I I don't, I don't see how people are not going to be 385 00:19:36,800 --> 00:19:39,240 taking profits here at least like I've clipped out like at 386 00:19:39,240 --> 00:19:41,680 least 35% of my spot portfolio, right. 387 00:19:41,680 --> 00:19:44,120 Like like why not keep the rest on. 388 00:19:44,120 --> 00:19:47,240 You have a free option at this point, but the people coming in 389 00:19:47,240 --> 00:19:49,520 late, it's like, yo, I have to be all in because I've missed 390 00:19:49,520 --> 00:19:51,680 out everything. And that's kind of always 391 00:19:51,680 --> 00:19:54,360 happens when you want, you know, completely capitulate, but yeah. 392 00:19:55,320 --> 00:19:59,400 So the one coin as well it's higher again today Solana I put 393 00:19:59,400 --> 00:20:01,760 a tweet yesterday which I know you replied to as well which is 394 00:20:01,760 --> 00:20:03,760 just like what has been going on and this has been going on for a 395 00:20:03,760 --> 00:20:06,800 while. But I think in particular it's 396 00:20:06,800 --> 00:20:09,440 just the the fact that it's continuing and continuing with 397 00:20:09,440 --> 00:20:11,520 such strength. You've seen whiff again hit a 398 00:20:11,520 --> 00:20:18,080 new all time high today sell off just is, is is nearing $400 399 00:20:18,080 --> 00:20:22,160 million market cap. Solana shit coins every single 400 00:20:22,160 --> 00:20:23,760 day. They just like Top Deck 401 00:20:23,760 --> 00:20:25,960 Screener. There's new ones hitting. 402 00:20:25,960 --> 00:20:30,880 I think even this week you had win hit like 50 million, they're 403 00:20:30,880 --> 00:20:35,680 just running and then you had that huge run as well. 404 00:20:36,600 --> 00:20:38,800 What do you think here like I said yesterday that, you know, 405 00:20:38,800 --> 00:20:41,080 not everyone looks at shit coins everyone. 406 00:20:41,160 --> 00:20:43,120 Some people feel like, you know, I don't want to get involved and 407 00:20:43,120 --> 00:20:45,520 they are very dangerous. But like the reason why I think 408 00:20:45,520 --> 00:20:48,360 that Solana right now is you have this Jupiter AirDrop which 409 00:20:48,360 --> 00:20:50,880 is basically going to be a series of airdrops all the way 410 00:20:50,880 --> 00:20:54,920 going until early next year. And that's basically like the 411 00:20:54,920 --> 00:20:59,640 UNISWAP of of Solana about to give everyone some coins. 412 00:20:59,640 --> 00:21:04,760 So everyone's really keen to to like to trade their highest TBL 413 00:21:04,760 --> 00:21:07,040 they've had, highest number of transactions and users they've 414 00:21:07,040 --> 00:21:09,040 had. It just means it's like this 415 00:21:09,040 --> 00:21:11,840 right condition where and obviously you have some of the 416 00:21:11,840 --> 00:21:14,680 major slowing down so people are looking at, you know, looking at 417 00:21:14,680 --> 00:21:19,400 share coins again, it just feels like, no, I feel like I'm 418 00:21:19,400 --> 00:21:23,480 missing a coin every single few days on this thing. 100% same 419 00:21:23,480 --> 00:21:24,720 here. Small, right? 420 00:21:24,720 --> 00:21:27,680 Like these coins are going, they're going 50 million plus 421 00:21:27,680 --> 00:21:29,560 sometimes. Like it's it definitely feels 422 00:21:29,560 --> 00:21:31,320 like you need to be paying attention to it. 423 00:21:32,480 --> 00:21:35,960 Yeah, I mean I think the the, the Solana, I mean we just, it's 424 00:21:35,960 --> 00:21:38,720 actually going in the way you want it to because you had a 425 00:21:38,720 --> 00:21:41,840 lull like maybe like a week ago or something where you saw like 426 00:21:41,840 --> 00:21:44,360 everything kind of capitulate and shake out. 427 00:21:44,360 --> 00:21:46,800 And then you know you have new entrance come in, stronger 428 00:21:47,040 --> 00:21:50,040 players come in and then like the people who didn't get who 429 00:21:50,040 --> 00:21:52,760 had the liquidity but didn't get the entry like like with what 430 00:21:52,760 --> 00:21:57,560 like like 60-70 million after going to 350 at some point and 431 00:21:57,560 --> 00:21:59,120 then you know what rebounded aggressively. 432 00:21:59,120 --> 00:22:00,920 So you want to see stuff like that. 433 00:22:00,920 --> 00:22:03,040 I feel like usually these things come and freeze. 434 00:22:03,280 --> 00:22:06,360 So you'll see another potential compilation which could be 435 00:22:06,680 --> 00:22:09,320 closer to the AirDrop on Jupiter. 436 00:22:09,320 --> 00:22:12,000 Because I feel like everyone's just so focused on it. 437 00:22:12,000 --> 00:22:14,440 And it could be, you know, I hate to say it, but it could be 438 00:22:14,440 --> 00:22:16,640 another like, you know a sell the news kind of shit. 439 00:22:16,920 --> 00:22:19,840 But The thing is it could be what it could be is that you 440 00:22:19,840 --> 00:22:23,800 could see that initial like dump into it as volumes coming in 441 00:22:23,800 --> 00:22:25,560 because people are like, oh people are going to all buy my 442 00:22:25,560 --> 00:22:28,560 bags on that AirDrop. But I think what could happen is 443 00:22:28,560 --> 00:22:33,080 you could see that initial dump and then the AirDrop comes and 444 00:22:33,080 --> 00:22:37,120 then you could see like another dip and that dip is probably the 445 00:22:37,120 --> 00:22:39,480 one to buy. And then you see that it may be 446 00:22:39,880 --> 00:22:42,840 another high like across the board like all the the coins, 447 00:22:42,840 --> 00:22:45,440 new coins etcetera. And then that that that's 448 00:22:45,440 --> 00:22:48,080 probably when it like kind of all ends for like maybe like a 449 00:22:48,080 --> 00:22:50,480 month or two months. But what the one good thing is 450 00:22:50,480 --> 00:22:53,200 like seems like a Solana meme coin season. 451 00:22:53,360 --> 00:22:57,600 Solana is like a like a like a core platform now for meme coin 452 00:22:57,600 --> 00:23:00,520 season and with midpoint seasons are always cyclical, right. 453 00:23:00,520 --> 00:23:04,400 Like it's not just going to be perennially going like just how 454 00:23:04,520 --> 00:23:09,160 it always was on Etherium but but the way Etherium 2020 dog 455 00:23:09,160 --> 00:23:12,480 season, which is basically what Solana season is right now or 456 00:23:12,480 --> 00:23:17,840 the good morning and all that season in 2021, it's I feel like 457 00:23:17,880 --> 00:23:22,160 that whole community has basically moved over to Solana. 458 00:23:22,160 --> 00:23:24,800 But man, you did coin. There's a coin that just 459 00:23:24,800 --> 00:23:28,160 randomly went 100 million the other day on on Eat Like some, 460 00:23:28,160 --> 00:23:32,240 like in Chinese coin meme coin. But like, that's all it is, 461 00:23:32,240 --> 00:23:33,880 right? As long as new launches keep 462 00:23:33,880 --> 00:23:37,040 happening, then things will just keep pumping, right 'cause the 463 00:23:37,080 --> 00:23:39,600 liquidity will come coming in, people are still gonna play 464 00:23:39,600 --> 00:23:42,480 catch up 'cause they're like, OK, whiff was a this, you know, 465 00:23:42,520 --> 00:23:46,240 the dog with hat is this and the fucking dog with glasses or dog 466 00:23:46,240 --> 00:23:47,960 or whatever, fucking just make some shit up. 467 00:23:48,280 --> 00:23:51,040 And that just keeps right and that that that the casino just 468 00:23:51,040 --> 00:23:53,960 keeps going. So as long as a the the big guys 469 00:23:53,960 --> 00:23:57,360 so like the leaders are are doing well and consolidating are 470 00:23:57,360 --> 00:23:59,040 pumping. So you want like bunk you want 471 00:23:59,040 --> 00:24:01,720 to see with you want to see whatever else at like sitting at 472 00:24:01,720 --> 00:24:05,400 like you know Myra and all this shit sitting up you those 473 00:24:05,400 --> 00:24:07,520 derivatives will keep pumping. So there's more liquidity coming 474 00:24:07,520 --> 00:24:10,800 in more people will see, more people will bridge TBL grows. 475 00:24:10,800 --> 00:24:13,480 I mean you know more market makers come in and then like 476 00:24:13,480 --> 00:24:16,040 yeah that's that's kind of what we're seeing already but it's 477 00:24:16,120 --> 00:24:18,240 it's all cyclical that's the thing to remember and The thing 478 00:24:18,240 --> 00:24:20,400 is meme coin seasons are always cyclical. 479 00:24:20,400 --> 00:24:23,120 So you'll see that big dump, you'll see capitulation, you'll 480 00:24:23,120 --> 00:24:25,680 see people hating on it, and new players will come in and it'll 481 00:24:25,680 --> 00:24:27,440 be just, you know, a cycle of that. 482 00:24:27,440 --> 00:24:31,480 But yeah, definitely have to be paying attention to what's 483 00:24:31,480 --> 00:24:33,360 happening on Solana, no doubt about it. 484 00:24:33,760 --> 00:24:36,640 Yeah and and you know you're seeing all the the main 485 00:24:36,640 --> 00:24:38,520 exchanges. Well, very keen to list some of 486 00:24:38,520 --> 00:24:43,120 the coins like I think there was another listing maybe of the 487 00:24:43,120 --> 00:24:46,960 Hive Mapper coin today. I forget who it was but it was I 488 00:24:46,960 --> 00:24:50,640 think honey, yeah the the the Hive Mapper coin got got listed 489 00:24:51,400 --> 00:24:56,400 all the, you know the various deep in various D5 coins getting 490 00:24:56,400 --> 00:24:59,160 listed right now. So if you catch a Right meme 491 00:24:59,160 --> 00:25:02,600 coin, it feels like there's like 10 different exchanges Raise the 492 00:25:02,600 --> 00:25:05,440 line up, listing anything that's on Salon at the moment so it 493 00:25:05,680 --> 00:25:08,120 does feel as though it's again. Yeah, go for volume. 494 00:25:08,120 --> 00:25:10,760 I mean that's exactly just go for volume, right. 495 00:25:10,760 --> 00:25:14,720 I mean the fact that coin base listed bong, I mean that kind of 496 00:25:14,720 --> 00:25:17,560 just opened the floodgates, right, Because the volume on 497 00:25:17,560 --> 00:25:19,840 these coins are pretty unreal. So just find coins, even there, 498 00:25:19,840 --> 00:25:22,320 small caps that have a lot of volume going for them. 499 00:25:22,320 --> 00:25:24,880 Because if that shit grows, exchanges are going to be 500 00:25:24,880 --> 00:25:28,360 salivating to like you know like list that shit And a lot of 501 00:25:28,360 --> 00:25:30,680 this, like the one cool thing on Solana I've noticed is like, you 502 00:25:30,680 --> 00:25:32,640 know, like Bonk was a was an AirDrop, right? 503 00:25:32,920 --> 00:25:37,160 Like there's nothing more fair from a meme coin perspective 504 00:25:37,160 --> 00:25:40,120 than an AirDrop rather than like, you know some fucking scam 505 00:25:40,120 --> 00:25:42,320 devs that launch it. Not that I'm saying they don't 506 00:25:42,320 --> 00:25:45,640 pump like nothing is I I love apic and the rugs because rug 507 00:25:45,640 --> 00:25:48,960 devs that like some of the best like guys can pump meme coins. 508 00:25:49,240 --> 00:25:53,360 But for something to hit that 234 billion you need it to be 509 00:25:53,360 --> 00:25:56,200 like very, very fair, like it needs to be like a like an 510 00:25:56,200 --> 00:25:57,840 AirDrop, like nobody had an edge. 511 00:25:57,840 --> 00:26:00,120 You know what I mean? That's kind of like WF was 512 00:26:00,120 --> 00:26:02,480 through, like WF was fucking dead for such a long time. 513 00:26:03,040 --> 00:26:04,720 So the only true believers were in it. 514 00:26:04,720 --> 00:26:07,200 And that's kind of the only coins that really go to like 515 00:26:07,200 --> 00:26:09,120 those multi multi billion dollar M cap. 516 00:26:09,120 --> 00:26:12,920 So I think, I think, yeah, just go for the volume, go for 517 00:26:12,920 --> 00:26:16,360 something that, you know, is more community run and you know, 518 00:26:16,400 --> 00:26:18,240 it should pump. But it's all cyclical. 519 00:26:18,240 --> 00:26:20,720 So you got to be sure that, you know, you're, you're taking 520 00:26:20,720 --> 00:26:22,760 those profits and then, you know, you can always buy those 521 00:26:22,760 --> 00:26:24,840 dips back again and everything will dip. 522 00:26:24,840 --> 00:26:29,040 Every meme coin will dip at one time at least 70 to 80%. 523 00:26:29,560 --> 00:26:33,320 And then again, it'll dip at 60% and it'll again dip at 50% and 524 00:26:33,320 --> 00:26:35,440 then it'll run, you know, that's pretty standard, but yeah. 525 00:26:36,120 --> 00:26:38,400 And then you saw what happened with Crypto Undead as well 526 00:26:38,400 --> 00:26:39,720 yesterday. This is, this is what's going on 527 00:26:39,720 --> 00:26:42,440 in the NFT space. NFTS have come back pretty 528 00:26:42,440 --> 00:26:45,400 strong on some of the new mints in particular, like Bitcoin. 529 00:26:45,480 --> 00:26:47,360 Solana. Another Solana Mint, Yeah. 530 00:26:47,640 --> 00:26:49,160 And this was a Solana mint, like. 531 00:26:49,960 --> 00:26:52,840 But then, you know, this was a very, very hype mint. 532 00:26:53,240 --> 00:26:57,320 A lot of people hiked into it. You know, whitelist spots were 533 00:26:57,320 --> 00:27:01,640 very difficult to get. And then seemingly there are two 534 00:27:01,640 --> 00:27:05,880 things that happened. So Krypton dead's not a huge 535 00:27:05,880 --> 00:27:08,600 amount known about the project. There's still a little bit, you 536 00:27:08,600 --> 00:27:12,680 know, it's not like a massive, massive amount known, but it 537 00:27:12,680 --> 00:27:17,040 does feel as though, you know, they they definitely did some 538 00:27:17,080 --> 00:27:18,440 very good marketing at the start. 539 00:27:18,440 --> 00:27:25,040 And bids at the start were like 20 Sol, which is straight off 540 00:27:25,120 --> 00:27:28,120 the bat for this because obviously Sol's gone up so much. 541 00:27:28,280 --> 00:27:31,400 And then and then as the mint went on, it seemed as though a 542 00:27:31,400 --> 00:27:33,480 bunch of different people who thought they were on the allow 543 00:27:33,480 --> 00:27:36,800 list didn't get to mint them. We saw, I saw a bunch of things 544 00:27:36,800 --> 00:27:38,880 on the timeline of people being like Oh my God, I didn't get to 545 00:27:38,880 --> 00:27:40,760 mint. So clearly they did the maths 546 00:27:40,760 --> 00:27:42,160 wrong or the math just didn't math. 547 00:27:42,720 --> 00:27:47,200 And then the other thing is that you saw some very weird sniping 548 00:27:47,200 --> 00:27:54,160 of of of certain certain NFTS pre reveal which normally 549 00:27:54,160 --> 00:27:56,840 indicates that there's an indicate like somebody knows 550 00:27:56,840 --> 00:27:58,080 which ones are going to be the rares. 551 00:27:58,080 --> 00:28:01,440 I think there was an 80 soul. Oh yeah, I saw that the. 8080 552 00:28:01,440 --> 00:28:05,760 Soul 34 Soul. So yeah, I I did see that so but 553 00:28:05,840 --> 00:28:08,920 I was told at least I I saw at least what's his name, you know 554 00:28:08,920 --> 00:28:10,760 the guy, the dev Bender or whatever. 555 00:28:12,120 --> 00:28:15,520 And I saw a few devs say that the the NFTS haven't even been 556 00:28:15,520 --> 00:28:18,880 like like the art hasn't been created yet or whatever. 557 00:28:19,240 --> 00:28:22,120 So I think both of these seemingly and there's been some 558 00:28:22,160 --> 00:28:25,080 like update to this number one is, is that up until that we 559 00:28:25,080 --> 00:28:28,680 won't know until reveal but apparently the the, the, the, 560 00:28:29,120 --> 00:28:30,720 the art hasn't even been finalized. 561 00:28:30,960 --> 00:28:35,640 So the idea that you pay ATE for one of them sorry AT solve for 562 00:28:35,640 --> 00:28:36,000 one of. Them. 563 00:28:36,000 --> 00:28:38,360 I wonder if it's just a marketing tactic like, you know? 564 00:28:38,440 --> 00:28:39,680 Yeah, or like. Idiot. 565 00:28:39,960 --> 00:28:42,520 Or if it's just a marketing tactic to keep it like, you 566 00:28:42,520 --> 00:28:45,720 know, in everyone's like like like more fraud, like with all 567 00:28:45,720 --> 00:28:48,200 these things people love, like more FUD is good, right? 568 00:28:48,200 --> 00:28:50,640 Like, like people love buying the FUD. 569 00:28:50,640 --> 00:28:51,880 Like that's just become a thing now. 570 00:28:51,880 --> 00:28:54,760 So it could be just a marketing tactic by the team. 571 00:28:54,760 --> 00:28:57,240 I mean, they seem to be pretty solid with the marketing. 572 00:28:57,240 --> 00:29:01,800 I mean the fact that they have no road map, no art shown, like 573 00:29:01,800 --> 00:29:03,000 I literally know nothing about it. 574 00:29:03,000 --> 00:29:05,640 Like it's funny because I know the guy, the the guy known 575 00:29:05,640 --> 00:29:07,560 Dollar. Like I I've known him since like 576 00:29:07,840 --> 00:29:10,520 you know he's he's been around in the NFT space for a long time 577 00:29:10,800 --> 00:29:14,600 and he's a marketing guy too. But like like the fact that 578 00:29:14,680 --> 00:29:18,680 there's nothing known and then it was so hyped so they know it 579 00:29:18,680 --> 00:29:21,320 at least seems it seems like they know what they're doing and 580 00:29:21,320 --> 00:29:22,400 you got to think about it, right? 581 00:29:22,400 --> 00:29:25,960 Like if the apparently they were, they're shown the the the 582 00:29:26,160 --> 00:29:32,000 artwork to a bunch of big players, NFT collectors and they 583 00:29:32,000 --> 00:29:35,720 haven't signed Ndas and those guys said it was like amazing. 584 00:29:35,960 --> 00:29:39,120 So which I don't know like you know that's true or not but that 585 00:29:39,480 --> 00:29:41,120 yeah that's what I that's what I heard. 586 00:29:42,040 --> 00:29:44,080 But that's the thing. Right, that sounds chilly as 587 00:29:44,080 --> 00:29:46,120 hell, dude. Like, oh, we go to whales, the 588 00:29:46,160 --> 00:29:47,880 artwork. For a yeah, that's what I'm 589 00:29:47,880 --> 00:29:49,760 saying. I don't know, it was like fake 590 00:29:49,840 --> 00:29:52,880 like like that could be just a fake rumor being passed around. 591 00:29:53,400 --> 00:29:55,480 But I don't know, man, these see hype mints. 592 00:29:56,160 --> 00:29:59,040 Do you know any hype mints that have like lasted like long, long 593 00:29:59,040 --> 00:30:00,680 term? Azuki was right. 594 00:30:00,680 --> 00:30:02,800 Azuki Zuki is probably. The only one hype man. 595 00:30:02,800 --> 00:30:06,240 What are you talking about? It wasn't, it wasn't dude, you 596 00:30:06,240 --> 00:30:09,720 could sit there. I minted 10 Azukis from like I 597 00:30:09,720 --> 00:30:13,560 think like I minted 30 total, but I minted 10 and it because 598 00:30:13,560 --> 00:30:16,160 it had that that fast gas thing that they did the first time 599 00:30:16,200 --> 00:30:18,360 ever. And bro, you had all the time. 600 00:30:18,360 --> 00:30:20,680 You had like half hour. I think almost. 601 00:30:20,680 --> 00:30:23,400 I forget exactly how long it was but or maybe it was 15 minutes 602 00:30:23,400 --> 00:30:27,040 but there was a lot of time like like back then was you'd have 603 00:30:27,120 --> 00:30:30,920 like gas wars and ship would mint out like in like seconds to 604 00:30:30,920 --> 00:30:33,680 minutes right Azuki you you literally could hang out there 605 00:30:33,680 --> 00:30:37,320 and like mint more like over the like for a while And they they 606 00:30:37,320 --> 00:30:39,360 like dumped too. Like they got to like to eat 607 00:30:39,640 --> 00:30:42,320 like the beans and then they dumped down to like 1.5 608 00:30:42,320 --> 00:30:46,120 something and then just sat there for like a free eat for a 609 00:30:46,120 --> 00:30:49,600 long time and then it started pumping to like 5678 to eat. 610 00:30:49,600 --> 00:30:52,080 But I don't think Azuki was was that high. 611 00:30:52,120 --> 00:30:55,360 I think Artifact was, yeah, actually even Artifact wasn't 612 00:30:55,360 --> 00:30:56,800 that hype they actually fucked up that meant. 613 00:30:56,800 --> 00:30:59,120 Yeah, they went lower, right? It went lower and then it did 614 00:30:59,160 --> 00:31:01,680 the artifact. Would have, yeah, I would have 615 00:31:01,680 --> 00:31:03,920 never made it unless that the Nike announcement came out 616 00:31:04,400 --> 00:31:06,920 because Gate Dump Post revealed too. 617 00:31:08,120 --> 00:31:10,200 They were like, yeah, they were like, oh shit, like these guys 618 00:31:10,200 --> 00:31:12,680 are about to like be done. And then the Nike announcement 619 00:31:12,680 --> 00:31:14,920 came and I was just fucking off to the races. 620 00:31:14,920 --> 00:31:17,160 But like the only ones I can think are like you know think 621 00:31:17,160 --> 00:31:21,840 like the Mecca verses or yeah they would have the but like 622 00:31:22,200 --> 00:31:23,920 they pumped, right? They pump. 623 00:31:23,920 --> 00:31:27,080 And then if the team does have actual capabilities, then it 624 00:31:27,080 --> 00:31:29,560 just starts approaching 0. Or you look at like art 625 00:31:29,560 --> 00:31:30,880 gobblers, like what did that hit like? 626 00:31:30,880 --> 00:31:32,520 Fucking 25 meters or something that? 627 00:31:32,800 --> 00:31:35,800 One up that was terrific. 20th I think got hit. 628 00:31:36,080 --> 00:31:38,800 Yeah, that's fucking insane. It was Max fun, dude. 629 00:31:38,800 --> 00:31:40,080 Like, I mean, I was fucking fun in that shit. 630 00:31:40,080 --> 00:31:41,440 Like crazy. Yeah, but that was Paradigm, 631 00:31:41,440 --> 00:31:42,640 just buying their own bags for it. 632 00:31:42,880 --> 00:31:45,160 Exactly right. So they but but you know we 633 00:31:45,160 --> 00:31:46,440 don't know what's happening behind here. 634 00:31:46,440 --> 00:31:50,040 But again let's see, you know maybe they keep like giving 635 00:31:50,040 --> 00:31:53,360 teasers or something and those teasers pump it or fuck it goes 636 00:31:53,360 --> 00:31:54,920 to 0. Like, that's part of the game, 637 00:31:54,920 --> 00:31:57,800 but. Yeah, the other, the other, the 638 00:31:57,800 --> 00:31:59,400 other development. The good thing is, the one good 639 00:31:59,400 --> 00:32:01,640 thing is though, is that the fact that there's hype mints 640 00:32:01,640 --> 00:32:03,880 coming back. Yeah, or like just people 641 00:32:03,880 --> 00:32:05,560 willing to mint new stuff. Exactly. 642 00:32:05,560 --> 00:32:06,800 It's good. That's great. 643 00:32:06,880 --> 00:32:10,360 Like, we will hopefully see more projects come out, you know, 644 00:32:10,360 --> 00:32:13,080 Costas pushing, because even Solana NFTS have not been doing 645 00:32:13,080 --> 00:32:14,760 that well. I mean, like net, net, they're 646 00:32:14,760 --> 00:32:17,320 up, but they're not up like shit coins, right? 647 00:32:17,320 --> 00:32:18,520 So. Yeah, they're not. 648 00:32:18,920 --> 00:32:21,160 I mean, that was maybe not unsurprising you. 649 00:32:21,520 --> 00:32:23,440 It's not like only really cryptic punks have managed to 650 00:32:23,440 --> 00:32:26,200 even hold their floor as it's gone higher and pudgy. 651 00:32:26,200 --> 00:32:28,360 Penguins, obviously. But yeah, just to follow up with 652 00:32:28,360 --> 00:32:30,720 the Quadrun Des, they're also said now that they're going to 653 00:32:30,720 --> 00:32:33,560 give a refund. They said they bought 3000 each 654 00:32:33,600 --> 00:32:36,320 worth their own floor. They haven't sold. 655 00:32:36,320 --> 00:32:40,280 Sorry, their own floor to you know, it's not a small amount 656 00:32:40,280 --> 00:32:44,680 with Solar 100, but yeah it's they're they're going to give. 657 00:32:44,680 --> 00:32:46,640 I mean, that's nice. Because they could have just 658 00:32:46,640 --> 00:32:49,960 refunded, right. And I think it was 2.5 sold. 659 00:32:49,960 --> 00:32:51,800 So they basically bought at what? 660 00:32:51,800 --> 00:32:54,560 What's the, I don't know what the prices were not like 1213 or 661 00:32:54,560 --> 00:32:56,760 something. So they they could have just 662 00:32:56,760 --> 00:32:59,720 refunded and just be like, yo, fuck you guys like you know what 663 00:32:59,720 --> 00:33:01,160 else? But they burnt their own soul 664 00:33:01,160 --> 00:33:04,960 from the treasury to go buy at market 1314. 665 00:33:04,960 --> 00:33:07,480 So that's pretty nice. But you know, who knows? 666 00:33:08,600 --> 00:33:10,640 Yeah, you never know. So that's dominate. 667 00:33:10,640 --> 00:33:12,920 I mean it's good. It it, we like to see NFT mints 668 00:33:12,920 --> 00:33:14,160 go well. I guess this. 669 00:33:14,480 --> 00:33:17,160 People who did the Mint, they've obviously made money, but it 670 00:33:17,160 --> 00:33:20,600 does feel as though it's not maybe going as amazing as 671 00:33:20,600 --> 00:33:23,120 expected, just checking where the floor is right now. 672 00:33:23,120 --> 00:33:27,040 It was 11 when I, when I started started doing the minutes this 673 00:33:27,040 --> 00:33:28,120 morning, but. Yeah, they're. 674 00:33:28,440 --> 00:33:30,920 Still around 11/11/12 it looks like. 675 00:33:30,920 --> 00:33:34,480 So they're still doing. 50% kind of down from the local high. 676 00:33:34,920 --> 00:33:37,720 Yeah, but everyone who minted them will will have made money. 677 00:33:37,760 --> 00:33:39,120 Yeah, everyone minted this in the money. 678 00:33:39,920 --> 00:33:42,640 Yeah. And then I guess the only other 679 00:33:42,640 --> 00:33:45,520 stuff which has been going on is, is kind of what's been going 680 00:33:45,520 --> 00:33:48,440 on in new coins, Airdrops, There's a few different new ones 681 00:33:48,440 --> 00:33:50,280 coming out. Obviously, Jeeps is already 682 00:33:50,280 --> 00:33:51,600 spoken about. It's going to come out end of 683 00:33:51,600 --> 00:33:54,840 this month. Ondo I think is a big RWA coin 684 00:33:54,840 --> 00:33:56,120 which is launching Balance tomorrow. 685 00:33:56,120 --> 00:33:57,880 FAR is another. Hype. 686 00:33:58,080 --> 00:33:59,720 What's that one Ondo? What is? 687 00:34:00,480 --> 00:34:07,840 That Ondo is is like a big RWA finance you they do treasuries 688 00:34:08,440 --> 00:34:11,480 across very different yeah like it's very very hype it's it's 689 00:34:11,480 --> 00:34:15,679 kind of RWA but legit people saying it's a it's going to be a 690 00:34:15,679 --> 00:34:19,159 challenger to maker but oh. Interesting. 691 00:34:19,320 --> 00:34:21,239 And by serious people that's launching tomorrow I think that 692 00:34:21,239 --> 00:34:25,000 could that could do well a lot of people a lot of people 693 00:34:25,000 --> 00:34:28,320 looking at that but then the other big one that kind of got 694 00:34:28,320 --> 00:34:32,120 some well caught some strays but also took back in from took back 695 00:34:32,120 --> 00:34:35,159 the the timeline yesterday was blast blast announced I can do a 696 00:34:35,159 --> 00:34:42,360 big ecosystem fund yeah for test net and basically you know get 697 00:34:42,360 --> 00:34:43,960 people to finally build on this thing. 698 00:34:43,960 --> 00:34:45,960 It's going to move away from just being a multi sig to 699 00:34:45,960 --> 00:34:50,159 actually being a test net and then obviously gone have its own 700 00:34:50,159 --> 00:34:54,080 main net eventually but then you saw this Kobe tweet I don't know 701 00:34:54,080 --> 00:34:58,240 if you saw this but we definitely definitely do not 702 00:34:58,240 --> 00:35:04,760 have enough time to read through what he wrote but it's just kind 703 00:35:04,840 --> 00:35:08,600 of a a a pretty broad analysis of what's happened with blast 704 00:35:08,600 --> 00:35:11,480 like a bunch of that there was maybe overly shield. 705 00:35:11,480 --> 00:35:14,040 This was in response to people being like oh why does Blast? 706 00:35:14,680 --> 00:35:17,480 Why does Blast get so much fired or why is it, why is it doing? 707 00:35:18,160 --> 00:35:23,240 Why is it backed by so many kind of people that maybe and I don't 708 00:35:23,240 --> 00:35:25,240 know I kind of feel like BLAST is still going to do well. 709 00:35:25,240 --> 00:35:28,920 I wouldn't, I wouldn't mid curve this based on any sort of 710 00:35:28,920 --> 00:35:30,840 marketing issue. I think I think it's very, very 711 00:35:30,840 --> 00:35:37,160 clear that if Paradigm and and and the Blur team are behind 712 00:35:37,160 --> 00:35:39,320 this, they're probably going to do, it's probably going to do 713 00:35:39,320 --> 00:35:41,560 well. But I think it has been a little 714 00:35:41,560 --> 00:35:43,920 overly shilly at the start and now obviously they're going with 715 00:35:43,920 --> 00:35:45,440 their test net which hopefully does well. 716 00:35:45,440 --> 00:35:47,360 But what's your, what's your view on Blast? 717 00:35:47,360 --> 00:35:49,200 Have you put any money on Blast? Do you think it's going to do 718 00:35:49,200 --> 00:35:50,840 well? It's got 1.3 billion on it right 719 00:35:50,840 --> 00:35:55,040 now. Yeah, I mean, I, you know, I'm 720 00:35:55,040 --> 00:35:58,800 just seeding because all my friends got into the the seed 721 00:35:58,800 --> 00:36:00,480 and then they give me the shot, right? 722 00:36:00,480 --> 00:36:05,840 And fuck you guys but so for me that's basically like the I'm 723 00:36:05,840 --> 00:36:11,240 just like out of anger. I think it's the bullish, the 724 00:36:11,240 --> 00:36:14,520 genius, the way they did that. They first got the TVL, then 725 00:36:14,520 --> 00:36:19,640 they got the the fucking Gray to go. 726 00:36:19,880 --> 00:36:24,120 They got the entire blur like market like participants that 727 00:36:24,120 --> 00:36:26,840 were just like OK, why not we'll just stake our blur too. 728 00:36:27,320 --> 00:36:31,080 And the other smart thing that this has got so many influencers 729 00:36:31,080 --> 00:36:33,840 at their as their investors. So that's what like Kobe kind of 730 00:36:34,120 --> 00:36:37,480 was like alluding to because he's like like a lot of people 731 00:36:37,480 --> 00:36:40,840 are just you know like a shilling. 732 00:36:40,840 --> 00:36:44,160 But it's because like that's so genius of a lot of these funds 733 00:36:44,160 --> 00:36:46,600 outside these projects coming out now they consider going to 734 00:36:46,600 --> 00:36:49,880 big VCs and stuff. They're just having influencers 735 00:36:49,880 --> 00:36:52,920 and like people with like, you know, communities invest and 736 00:36:52,920 --> 00:36:56,200 then just you just a natural marketing machine, right, having 737 00:36:56,320 --> 00:36:59,080 to pay. Them mini keeps attacking this 738 00:36:59,680 --> 00:37:02,320 and you know, I I am somebody who benefits. 739 00:37:02,320 --> 00:37:03,680 Oh yeah, Beanie's saying that, which is? 740 00:37:03,760 --> 00:37:05,120 Not a lot, because. Beanie is the same shit. 741 00:37:06,000 --> 00:37:09,120 Being a being akol quote UN quote in this space doesn't mean 742 00:37:09,120 --> 00:37:11,480 you get shown deals and I've I've been surprised at how many 743 00:37:11,480 --> 00:37:15,120 I've been shown this cycle. It was way more than last cycle 744 00:37:15,120 --> 00:37:15,720 it. Was way more. 745 00:37:15,920 --> 00:37:16,320 Yeah. Yeah. 746 00:37:16,760 --> 00:37:18,560 It's a strategy being used by a lot of firms. 747 00:37:18,920 --> 00:37:21,160 What is your view on that? Like we only, we only have a few 748 00:37:21,160 --> 00:37:23,680 minutes, but like what is your view on that I guess, I mean 749 00:37:23,680 --> 00:37:26,040 it's great. No, it's it's work but like, 750 00:37:26,040 --> 00:37:28,280 yeah, do you think that's a bad thing for the market like that? 751 00:37:28,280 --> 00:37:29,600 No. Why is it a bad thing? 752 00:37:29,600 --> 00:37:33,640 Because think about it, it's a you get to show your community 753 00:37:33,640 --> 00:37:35,760 early before everybody else, right? 754 00:37:35,760 --> 00:37:36,840 Especially if you're bullish on it. 755 00:37:36,840 --> 00:37:38,320 Like, if it's not malicious, right? 756 00:37:38,600 --> 00:37:40,760 Like it's like, you know, like say like, like you see a great 757 00:37:40,760 --> 00:37:43,600 meme coin and you're like, OK, like I would have bought this 758 00:37:43,600 --> 00:37:45,360 anyways. They're paying me for it. 759 00:37:45,360 --> 00:37:46,920 I would have told my community anyways. 760 00:37:47,280 --> 00:37:49,160 It's like a win, win on all all fronts. 761 00:37:49,160 --> 00:37:50,600 So you get paid a little bit extra. 762 00:37:50,840 --> 00:37:52,160 You would have bought this anyways. 763 00:37:52,360 --> 00:37:55,360 You community get to hear about it first from other than other 764 00:37:55,360 --> 00:37:58,000 communities. They win, you win, everybody 765 00:37:58,000 --> 00:38:00,600 wins, right. So for me, I I think that's a 766 00:38:00,600 --> 00:38:03,440 great thing that they're trying to make it instead of giving it 767 00:38:03,440 --> 00:38:06,400 to big VC funds, giving it to just like you know the the 768 00:38:06,400 --> 00:38:09,520 regular people who have spent the time to build communities 769 00:38:09,520 --> 00:38:12,080 and distribution network. So I think it's great. 770 00:38:12,080 --> 00:38:13,440 I know Beanie's bitching about a little bit. 771 00:38:13,440 --> 00:38:15,480 But first of all Beanie does the same shit. 772 00:38:15,480 --> 00:38:18,480 He's in all these because he's an, you know, influencer or 773 00:38:18,480 --> 00:38:21,600 whatever, like, so it doesn't make any sense, but I think it's 774 00:38:21,600 --> 00:38:23,160 great. Anymore, like I think he 775 00:38:23,160 --> 00:38:27,360 probably is maybe less. I mean, he clearly has has seen 776 00:38:27,360 --> 00:38:29,760 less of them than maybe he was before, although I think he has 777 00:38:29,760 --> 00:38:32,440 his own. Well, I think he still does. 778 00:38:32,480 --> 00:38:35,480 I mean, maybe he sees less, but I think he's done a pretty good 779 00:38:35,480 --> 00:38:39,320 job at his comeback than, you know, most people are getting 780 00:38:39,320 --> 00:38:41,840 cancelled. I I think, I think I agree with 781 00:38:41,840 --> 00:38:45,200 your take to a certain extent. I think I think this makes like 782 00:38:45,200 --> 00:38:47,560 you said, if if it does get distributed in the right way to 783 00:38:47,560 --> 00:38:51,280 different people this whole. Yeah. 784 00:38:52,120 --> 00:38:54,920 KOLS replacing BCS to a large extent. 785 00:38:55,040 --> 00:38:58,600 I think clearly it benefits the KOLS the most. 786 00:38:59,000 --> 00:39:02,200 Do I think it benefits the community less or more? 787 00:39:02,360 --> 00:39:04,400 I think potentially it can benefit the more if it's done 788 00:39:04,400 --> 00:39:07,000 well. I think this all it's a win win 789 00:39:07,120 --> 00:39:09,520 in the current environment where like every single coin that gets 790 00:39:09,520 --> 00:39:11,000 listed on one of these major exchanges. 791 00:39:11,120 --> 00:39:12,320 Yeah, exactly. Yeah. 792 00:39:12,440 --> 00:39:15,600 It was a 5X like every single coin at the moment. 793 00:39:15,880 --> 00:39:20,880 So in that world, I think it's it's more win, win and then but 794 00:39:20,880 --> 00:39:23,920 in a world where it's not like that and you things don't feel 795 00:39:23,920 --> 00:39:26,960 as nice suddenly you know chickens come home to roost 796 00:39:26,960 --> 00:39:30,800 again and everyone. 100%, so but that's that's cyclical too, 797 00:39:30,800 --> 00:39:32,800 right? Like, I mean exactly like if 798 00:39:32,800 --> 00:39:35,160 it's a bear market and like then you have to pick, but then then 799 00:39:35,160 --> 00:39:36,880 it's on the KOL to pick and choose, right? 800 00:39:36,880 --> 00:39:39,640 Like you just can't be like yo yes to everyone and it's like OK 801 00:39:39,640 --> 00:39:42,080 like does this really have the potential to like have staying 802 00:39:42,080 --> 00:39:44,560 power and stuff like that, like Blur for example, right. 803 00:39:44,560 --> 00:39:48,280 Like people invested in Blur, like it it, it got so much fun 804 00:39:48,280 --> 00:39:50,680 at times, right? And the price dumped, but it 805 00:39:50,800 --> 00:39:52,240 worked out in the end of it, right? 806 00:39:52,240 --> 00:39:54,800 Like net, net, like it's, I think it was like $0.75 807 00:39:54,800 --> 00:39:57,640 yesterday or something. So, you know, yeah, I think 808 00:39:57,640 --> 00:39:58,960 you're right. Like, I think in this market 809 00:39:59,200 --> 00:40:01,400 everything's gonna pump anyway, so everybody might as well make 810 00:40:01,400 --> 00:40:03,040 money. But in the bear market, yeah, I 811 00:40:03,040 --> 00:40:05,200 probably should have like, you know, significantly more due 812 00:40:05,200 --> 00:40:05,920 diligence. Yeah. 813 00:40:06,440 --> 00:40:07,360 Yeah. All right. 814 00:40:07,440 --> 00:40:09,680 Well, Wiz, it's been awesome to have you. 815 00:40:09,680 --> 00:40:11,160 We're going to cut. We're going to cut it there. 816 00:40:12,080 --> 00:40:14,600 I because I've wrecked radio in like 15 minutes. 817 00:40:14,600 --> 00:40:17,800 We're doing it early in these based in Asia to do it so. 818 00:40:17,840 --> 00:40:18,760 But yeah, it's awesome to have you. 819 00:40:18,760 --> 00:40:20,640 Thanks so much for filling in. Awesome. 820 00:40:20,760 --> 00:40:24,240 You can come on back whenever, whenever you feel it's good to 821 00:40:24,240 --> 00:40:29,040 have you across macro crypto. Wiz obviously has the fastest 822 00:40:29,040 --> 00:40:30,560 growing paid newsletter in the space. 823 00:40:30,960 --> 00:40:35,000 Let's go. So go check that out and yeah, 824 00:40:35,320 --> 00:40:36,320 we will. We will. 825 00:40:36,440 --> 00:40:38,680 We'll be back tomorrow. I think OSF is going to be back 826 00:40:38,680 --> 00:40:40,600 as well. I'm not sure about for I think 827 00:40:40,600 --> 00:40:43,120 maybe he's traveling home. But yeah this has been a 828 00:40:43,160 --> 00:40:45,040 firmware we're sponsored again by Ledger. 829 00:40:45,240 --> 00:40:48,400 Shout out to them, I know they're in in Davos right now, 830 00:40:48,400 --> 00:40:50,760 but yeah, good to have you. And thanks for having me guys. 831 00:40:50,800 --> 00:40:52,400 Appreciate everyone. Thank you. 832 00:40:52,440 --> 00:40:53,120 See you guys soon. Bye.