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Yo-yo what up? 
What up? 

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Good morning. 
Good morning GMG July 5th, 2020.

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Look at that another beautiful 
day to have a beautiful day. 

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I got a special Co host in the 
house. 

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Deez Deez what's up brother? 
How you doing this morning? 

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Doing well man, first time we've
been on a FOMO hour in a minute 

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so feels good. 
Nice to see you're back in the 

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States out of Europe. 
We're in the freedom time zone 

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now. 
We're in the freedom time zone. 

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We're in control now. 
We're back on east. 

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You know, the one thing I like 
here is Eastern Standard Time. 

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Is that the freedom time zone 
right? 

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It's the only time zone that 
matters. 

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I you know what, as someone who,
who, who wants to move to 

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Europe, I agree with you though.
It is it is the time zone that 

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matters. 
It's it's where if you. 

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Think that you could go to the 
Caribbean instead of Europe and 

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then stay on Eastern Time zone 
but but be out of North America?

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Or is that not not an option? 
I actually, I did envision that.

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So there's there's an that it is
an option. 

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I'd say it's the smallest one 
right now, but it is an option. 

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I the Cayman Islands aren't 
Eastern Time. 

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I'm just saying. 
Raul Palli. 

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Yeah. 
I mean, it's they're good time 

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zones down there. 
Dude, Raoul Powell is living in 

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the banana zone over there, 
Banana zone, which is, you know,

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Speaking of banana zone, we're 
not quite there. 

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So today on the show today, say,
listen, we're we're gonna have 

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fun. 
We're gonna jam Deez and I Benny

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made Popeye red beard. 
We never know, but I'm pretty 

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sure it's gonna come. 
So it's gonna be a fun time. 

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So we're just gonna talk, you 
know, markets vibes, state of 

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the state of the Union. 
You know, when's the last time 

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you had Deez and I? 
That's like back to 2021, like 

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OG day. 
So better times. 

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You know, yesterday I posted 
bring me back the Constitution, 

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constitution DAO days of of a 
tweet. 

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I quote tweeted and that those 
were the days. 

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So let let's chat about this. 
Let's chat a little NFTS. 

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Let's see what's good and where 
the wind takes us all some three

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see stuff with with spinning art
still, which is hilarious. 

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And then, of course, it's 
Friday, which means robit spins.

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So 2 lucky people that are 
listening live for Robit NFL 

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four more hour NFL DS. 
You know what I'm I'm adding 

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that gonna follow DS DEZED EE ZE
these FOMO hour and robit for a 

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chance to win, potentially a 
punk. 

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Worst case, you leave off with 
the red guy, so that ain't bad. 

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But anyways, all right, so these
Tommy sober these sober months. 

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You're going for two months, 
right? 

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Maybe three. 
We'll we'll see how it goes. 

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Honestly, I don't really have a,
a big will to smoke weed 

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anymore, if you can believe 
that, you know, we're 30 some 

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days into this and I don't 
really, I, I can't objectively 

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say that my life is worse 
without it. 

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So the only downside is that 
pretty much since the day I 

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stopped smoking, everything has 
just been down. 

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Only I, I, I stopped smoking 
Bitcoin was $71,000 and it's 

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just gone straight down and 
taking everything with it. 

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And like, you know, on paper, 
we're down over a million in net

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worth and shit. 
So whatever it, it makes me 

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question why I hold so much 
vaporous garbage and why I was 

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so greedy a couple months ago. 
But other than that, that's 

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really the only complaint about 
silver summer is that the price 

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has just been down. 
That I, you know, I think that's

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just correlation does not equal 
causation type shit. 

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And we, we got to live with it. 
This is this is the Sears in 

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where like I actually don't open
coin market cap like I'm not 

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even memeing or anything. 
I usually so in front of me 

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right now at my screens right on
the left screen as you have like

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8 takers open bitcoins a lot 
uneath always with always Pepe 

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Mulg always at all times. 
I know their prices any minute 

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of the day. 
You can ask me what's the price 

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I know the price right now. 
I'm not checking price, you 

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checking price. 
I yeah, I have like 50 tickers 

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up on that Screener. 
So bitcoins been down only for 

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the last month, but there has 
been there has been some good 

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opportunities. 
Like, you know, we look at Mog 

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Mog it's up over double where it
was like 2 weeks ago. 

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Shit like Zen had a run. 
You have Billy just going 

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straight up. 
You have, you know, good action 

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in some of these all coins, even
though that I mean, lock, lock 

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in is, you know, you have Vidamo
on grinder showing our bags to 

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people. 
There's been some good price 

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action even though the majors 
are just getting completely shed

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on. 
No, look on the four hour chart,

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like you said, like I'm going to
do this here. 

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It's all about how to make it 
seem. 

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It's everybody. 
Listen, listen up. 

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It's all about how you make the 
chart. 

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Look, there you go. 
Look at this chart. 

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This is nice. 
There you go. 

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Yeah, I mean that that that 
doesn't look nice. 

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Well, here, there you go, this. 
What is this, a dump for ants I?

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Had to go throw my phone in 
another room 'cause I can't 

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fucking meet it. 
I'll be right back. 

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Yeah, typical, typical tour 
space. 

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By the way, I think it seems 
like there's a bug on spaces. 

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A lot of people seem to not be 
able to listen. 

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I'm getting some messages and 
then for some reason when I 

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share the space. 
Let's see. 

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I shared it and then it did that
thing where it said the details 

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were not found or some shit. 
Yeah, it says it's not 

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available, right? 
Yeah, details are available. 

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It's available, so I think it's 
fine, but maybe Twitter's just, 

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you know. 
Is lagging just come watch the 

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show on video. 
I posted the broadcast link and 

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Famar did too, so watch the 
video stream. 

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Yeah, I'm looking at NFTS right 
now. 

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They don't look great. 
What are you looking at? 

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Tell me what's Just blur and 
tensor, just like the top volume

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on the week. 
Pudgies are back to 10, apes 

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back to nine, my lady holding 
pretty steady at 5. 

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Mutants retraced a bit. 
Yeah, look at that. 

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We're not, we're not having the 
momentum that we had. 

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The other, you know, we had some
nice momentum off the bottom 

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there. 
We had mad lads over 100 for 

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days but that that's retraced 
back down to 70. 

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Five with your dogs. 
We we are. 

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We are professional round 
trippers, aren't we? 

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We didn't sell. 
Dogs for 2 1/2. 

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We didn't sell the Gordon 
Gonopop. 

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I I did. 
I sold like six of them. 

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Sick. 
We have a. 

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I, I selling the, the six or 
whatever got my cost basis back 

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for the other 47. 
So I, I can't complain too much,

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but I, I know they're not going 
anywhere, so I'm just going to 

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hold them and trust the process.
And there's some other things 

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that look interesting. 
Like I, I feel like I should 

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have a mad lad at just the risk 
reward on buying one doesn't 

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feel incredible. 
It's like still 75 soul. 

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Whoa. 
Or 79 Sorry now. 

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Let me see what do? 
What do you? 

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What do you? 
What do you think? 

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Wait, what? 
What do you think happens now? 

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Right? 
Like when aren't these NFTS 

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going to see some? 
Light, I don't know. 

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I mean, if, if this, you know, 
if we break this range and, and 

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stay under here, I don't know 
how long it's going to be like I

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can see us going on the 52 K. 
Maybe, you know, we didn't fully

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have the dumpster and we go a 
little lower. 

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Like I, I don't think we're out 
of the woods here. 

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I think we, we would definitely 
want to see price at least close

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over 58 K, ideally over like 61 
over the next three days, but a 

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little pessimistic. 
I think could be a shitty 

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summer, at least for the majors.
Like, you know, Bitcoin looks 

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worse than ETH right now in 
Solana, so I think that'll just 

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drag it down. 
Solana's at Solana's on the four

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hours again, you know, so I like
it. 

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You know 131 that's not last 
week was worse. 

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I'm pretty sure right was in 
Solana last. 

151
00:08:11,480 --> 00:08:15,120
Yeah, I'm, I'm just watching the
Salani ETH chart and as long as 

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this is over like point O 4, I'm
I'm stoked like that. 

153
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That's really the more important
chart for me because. 

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Oh yeah. 
Look at that. 

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Look at that. 
We'll take that. 

156
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Let's go. 
Yeah, I mean that that looks 

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fine. 
Like even if all the prices go 

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down, if that goes up then I 
feel like I've made the right 

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decision last year dumping most 
of my youth in the Solana. 

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Oh my God, yeah, look at that. 
I. 

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Mean S&P is a new all time 
highs. 

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If we completely diverge and 
just keep dumping like that 

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feels really really really bad. 
What do you think about 

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becoming? 
Should we like start a stock 

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show or something like should we
be? 

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I mean my, my stock exposure is 
literally just the SFP. 

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Like I just have a a very nice 
nice chunk of it sitting there 

168
00:09:00,720 --> 00:09:05,760
doing nothing. 
I I can't imagine me ever going 

169
00:09:05,760 --> 00:09:07,880
to a world where I try to pick 
stocks like that. 

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00:09:07,880 --> 00:09:11,720
Just does not seem like any type
of world where I have an edge. 

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00:09:12,840 --> 00:09:15,240
So it's like a big like if 
you're in crypto pivot to try to

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find a moment right now. 
I mean that's why we need OSF 

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00:09:18,920 --> 00:09:21,840
and and Mando around so we can 
ask them what the fuck to do. 

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00:09:22,120 --> 00:09:25,680
Obi just got a kid. 
Yeah, I mean that. 

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00:09:26,200 --> 00:09:28,400
And Mando's in Majorca right now
for the Real Vision event. 

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So, so he we're, we're doomed, 
dude. 

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00:09:31,720 --> 00:09:33,200
We're by ourselves. 
Dad's over. 

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The. 
Inmates are running the prison 

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now. 
Oh. 

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00:09:36,400 --> 00:09:39,600
Wait, that's crazy. 
That's insane. 

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00:09:39,920 --> 00:09:40,920
He's here. 
Insane. 

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00:09:41,320 --> 00:09:43,840
That's the craziest thing. 
Mando Five. 

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00:09:43,960 --> 00:09:46,760
Not even microseconds ago we 
were talking about how you're 

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00:09:46,760 --> 00:09:49,000
not here and we're on our own. 
That is great. 

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00:09:49,000 --> 00:09:53,920
We have another record. 
Massive GM Mando. 

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00:09:54,080 --> 00:09:55,280
Mando just showed up. 
How you? 

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00:09:56,160 --> 00:09:58,840
Guys doing can you hear me OK? 
Yeah, yeah, we hear you. 

188
00:09:59,840 --> 00:10:01,000
You're here. 
That's all that matters. 

189
00:10:04,800 --> 00:10:06,480
How? 
How are you doing during this 

190
00:10:06,480 --> 00:10:08,320
downturn? 
Are you just chilling? 

191
00:10:08,320 --> 00:10:12,400
Are you buying? 
I'm in, I'm in Majorca right 

192
00:10:12,400 --> 00:10:16,720
now. 
So I, I took a flight because 

193
00:10:16,720 --> 00:10:19,760
there's a real vision event 
today, like a conference thing. 

194
00:10:20,200 --> 00:10:24,040
So I came for one day at night 
and then I don't know, as I was 

195
00:10:24,040 --> 00:10:26,360
getting onto the flight at like 
7:00 AM this morning, it was 

196
00:10:26,360 --> 00:10:30,080
just a fucking blah blah. 
I think, I think Solana looks 

197
00:10:30,080 --> 00:10:33,320
good to me right now. 
Maybe some of the memes look all

198
00:10:33,320 --> 00:10:36,800
right, but it looks so bad. 
But some of. 

199
00:10:36,800 --> 00:10:39,120
That memes look good. 
I I can't believe how strong 

200
00:10:39,200 --> 00:10:40,520
belly is. 
Yeah. 

201
00:10:40,600 --> 00:10:44,160
Are you in that these? 
No, I'm a fucking idiot dude. 

202
00:10:44,160 --> 00:10:51,840
I I escrowed a, a $10,000 coin 
flip for Jeremy and this Billy 

203
00:10:51,840 --> 00:10:55,400
whale who has like, I don't 
know, one or $2,000,000 worth of

204
00:10:55,400 --> 00:10:58,360
Billy right now. 
And that was when the price was 

205
00:10:58,360 --> 00:11:00,240
5X ago. 
So I don't know why when I 

206
00:11:00,240 --> 00:11:03,720
escrowed the $20,000 coin flip 
that I did not also buy some 

207
00:11:03,720 --> 00:11:07,640
Billy that that was kind of a 
mid curve move. 

208
00:11:08,080 --> 00:11:11,360
But yeah, it's just been crazy 
to see how strong that is. 

209
00:11:13,040 --> 00:11:14,440
Yeah, What is with this coin? 
What? 

210
00:11:14,440 --> 00:11:16,560
What even is it? 
It's a dog dude. 

211
00:11:16,560 --> 00:11:22,760
It's a cute dog that had good 
insiders who didn't dump the 

212
00:11:22,760 --> 00:11:26,000
token early and they just keep 
posting the dog. 

213
00:11:26,000 --> 00:11:29,440
It feels a lot like with where I
just see it on the timeline all 

214
00:11:29,440 --> 00:11:32,960
day and it's just a fucking dog.
That, that's all that people 

215
00:11:32,960 --> 00:11:35,320
want, right? 
Like on it you want proper 

216
00:11:35,320 --> 00:11:37,400
whales. 
Some people are saying since 

217
00:11:37,400 --> 00:11:40,080
Anthem isn't in it, it's like 
dog without anthem. 

218
00:11:40,080 --> 00:11:41,200
They like that. 
Like I, I. 

219
00:11:41,200 --> 00:11:43,240
Don't know. 
Am I meant to move on my whiff 

220
00:11:43,240 --> 00:11:44,800
to Billy? 
Is that what you're dialing me? 

221
00:11:45,480 --> 00:11:48,320
No, at this price, like look at 
that chart, I I don't really 

222
00:11:48,320 --> 00:11:50,960
want to buy that right now. 
That's. 

223
00:11:52,280 --> 00:11:54,720
Yeah, it feels like one of these
things that will be really cool 

224
00:11:54,720 --> 00:11:57,960
until the first big Wick down 
and then everyone's like, Oh 

225
00:11:58,000 --> 00:11:59,600
yeah, I. 
Don't know. 

226
00:11:59,800 --> 00:12:02,200
Yeah, not really. 
There's going to be some point 

227
00:12:02,200 --> 00:12:04,720
where these whales with a a 
couple millionaire like, yeah, 

228
00:12:04,720 --> 00:12:07,320
that would be pretty nice and. 
Exactly. 

229
00:12:07,320 --> 00:12:09,720
That's what it feels. 
Like the 3.4 million in the 

230
00:12:09,720 --> 00:12:13,240
liquidity pool is not going to 
be helpful for multiple of them 

231
00:12:13,240 --> 00:12:16,120
to exit. 
We've we've had a few of these 

232
00:12:16,120 --> 00:12:19,920
like Mitchy and and I guess they
were all cats recently. 

233
00:12:19,920 --> 00:12:21,800
This is the first like dog 
that's had a run. 

234
00:12:21,920 --> 00:12:24,400
But base 16 Z seems to be big in
it, doesn't he? 

235
00:12:24,400 --> 00:12:25,760
So yeah. 
He does. 

236
00:12:25,760 --> 00:12:28,120
Everyone likes that. 
He's kind of the face that he's 

237
00:12:28,120 --> 00:12:30,680
kind of the face, right? 
Oops, you got a face free right 

238
00:12:30,680 --> 00:12:35,560
now, right. 
So that's wait, I'm bugging. 

239
00:12:35,560 --> 00:12:36,520
There you go. 
I'm back. 

240
00:12:36,880 --> 00:12:39,480
Mando, can you can you give us 
some some reassurance here? 

241
00:12:39,480 --> 00:12:40,960
I mean these now we're talking 
about the SMP. 

242
00:12:40,960 --> 00:12:42,840
It's pumping like crazy. 
We were talking about how we 

243
00:12:42,840 --> 00:12:45,680
need Mando and OSF and then all 
of a sudden here like Duck 

244
00:12:45,680 --> 00:12:47,760
Jesus, it's not even a joke. 
I'll show you on the replay 

245
00:12:47,760 --> 00:12:49,960
after you appeared. 
Let it duck Jesus appear out of 

246
00:12:49,960 --> 00:12:50,880
nowhere. 
I mean, how do you feel about 

247
00:12:50,880 --> 00:12:54,120
the market here? 
Yeah, it's not not macro. 

248
00:12:54,160 --> 00:12:57,920
It's causing us to go lower, but
macros keeps hitting all time 

249
00:12:57,920 --> 00:12:59,320
highs. 
And we brought up Tesla the 

250
00:12:59,320 --> 00:13:00,720
other day, right. 
Like Tesla's up. 

251
00:13:01,040 --> 00:13:03,800
It's reversed all of its 
declines this year in three, 

252
00:13:03,880 --> 00:13:06,200
three days. 
Like it's had massive, massive 

253
00:13:06,200 --> 00:13:07,840
candles for all these tech 
stocks. 

254
00:13:08,200 --> 00:13:11,960
So you can't really look for. 
Yeah, Well, the stuff that me 

255
00:13:11,960 --> 00:13:14,680
and Noah Seth know about like 
that, that would just point to 

256
00:13:14,680 --> 00:13:16,480
us going higher. 
Everything's going higher in 

257
00:13:16,480 --> 00:13:18,160
macro. 
This just feels like the German 

258
00:13:18,160 --> 00:13:24,360
government and and Mount Cox, 
which I honestly thought people 

259
00:13:24,360 --> 00:13:26,880
would. 
That's the reason why we had 

260
00:13:26,880 --> 00:13:31,040
been underperforming already. 
But then to see these like final

261
00:13:31,040 --> 00:13:34,920
big Wicks on the on the transfer
of these funds, I don't know. 

262
00:13:34,920 --> 00:13:37,800
It just felt like a little bit. 
I just thought that I was 

263
00:13:37,800 --> 00:13:41,600
already baked in, but it looks 
slightly oversold now, like all 

264
00:13:41,600 --> 00:13:45,680
different metrics again, 
particularly all coins, man, all

265
00:13:45,680 --> 00:13:48,400
coins have been absolutely 
fucking hammered. 

266
00:13:51,360 --> 00:13:53,840
We bought like before we were on
the flight. 

267
00:13:53,840 --> 00:14:01,280
We bought a bunch of Solana, 
myself and OSF but we haven't 

268
00:14:01,280 --> 00:14:05,000
done anything else today. 
Nice, did you get in at like 

269
00:14:05,000 --> 00:14:09,680
1/21/25? 
No, it was like 127 I think. 

270
00:14:10,120 --> 00:14:13,920
I think it was 127. 
Under 130 feels nice. 

271
00:14:14,960 --> 00:14:17,720
It just looked like that was the
strongest and it like I like the

272
00:14:17,720 --> 00:14:20,440
Seoul BTC, Seoul E charts. 
They just look good to me. 

273
00:14:21,600 --> 00:14:24,080
That that makes me feel good 
because right before you join, 

274
00:14:24,080 --> 00:14:27,880
that's what I I said is like I 
just look at the soul ETH chart.

275
00:14:28,000 --> 00:14:32,040
That looks good. 
Still, you know, pretty happy 

276
00:14:32,400 --> 00:14:35,160
holding most of my crypto net 
worth in Solana. 

277
00:14:35,800 --> 00:14:39,840
It is wild that that ETH is 
below 33K again. 

278
00:14:40,680 --> 00:14:42,520
With the ETS like next week, 
right? 

279
00:14:43,040 --> 00:14:46,240
I saw that handle change and I 
was just like what the hell is 

280
00:14:46,240 --> 00:14:47,040
going on? 
There was a. 

281
00:14:47,600 --> 00:14:51,080
Whale, there was a whale that 
was there was a whole Ave. thing

282
00:14:51,080 --> 00:14:53,400
with the whale that had to 
liquidate right and then the 

283
00:14:53,400 --> 00:14:54,760
price. 
Yeah, I saw that. 

284
00:14:55,320 --> 00:14:57,240
Yeah, yeah, there was a whole 
Ave. 

285
00:14:57,320 --> 00:14:59,560
ETH whale or whatever. 
I'm trying to figure it out for 

286
00:14:59,560 --> 00:15:02,280
you guys right now, but. 
That like look on Shane account 

287
00:15:02,280 --> 00:15:04,240
posted it. 
I thought they bought back their

288
00:15:04,240 --> 00:15:06,320
position right after they 
covered. 

289
00:15:06,760 --> 00:15:12,240
A whale pumped 26.6000 ETH 
82,000,000 at 3100 thus causing 

290
00:15:12,240 --> 00:15:15,680
the price of it to drop at 3.4%.
Then create a new wallet and 

291
00:15:15,680 --> 00:15:17,040
borrow. 
They're still underwater. 

292
00:15:17,640 --> 00:15:19,920
Yeah. 
So they're still underwater, so.

293
00:15:21,480 --> 00:15:26,000
Yeah, look, you, you I've been 
saying what my like 8085% of my 

294
00:15:26,000 --> 00:15:30,320
bag is just JLP, which is just 
this, this mixed bag between 

295
00:15:30,680 --> 00:15:35,840
Bitcoin, Solana, ETH and stables
and that one that's. 

296
00:15:36,560 --> 00:15:39,640
That's looking good. 
Unchanged even on the weak, 

297
00:15:40,400 --> 00:15:45,400
because these liquidations have 
been so massive that that, you 

298
00:15:45,400 --> 00:15:49,920
know, that all accrues to JLP. 
So yeah, it's that one's been 

299
00:15:49,920 --> 00:15:53,560
very, very comfy to hold. 
Do you supply JLP for like 

300
00:15:53,880 --> 00:15:56,960
points anywhere or do you do 
anything with it? 

301
00:15:57,920 --> 00:16:01,160
So you can supply it on on 
Camino. 

302
00:16:01,760 --> 00:16:03,120
But yeah, that's where I have on
right now. 

303
00:16:03,840 --> 00:16:06,520
Which is where I do do that and 
I I get points on the back of 

304
00:16:06,520 --> 00:16:09,000
it, but mainly I do it because 
then I can borrow against it. 

305
00:16:09,000 --> 00:16:14,360
So I borrow against it and like 
on times of big dips, often 

306
00:16:14,360 --> 00:16:17,400
borrow against it and buy for a 
short term trade either like 

307
00:16:17,680 --> 00:16:18,920
something on Solana or something
on these. 

308
00:16:18,920 --> 00:16:21,560
So it actually makes me way more
disciplined. 

309
00:16:22,760 --> 00:16:26,920
Like I don't just have it makes 
me look at these like short term

310
00:16:26,920 --> 00:16:30,880
trades a lot more. 
So yeah, I supply that, but. 

311
00:16:31,160 --> 00:16:35,640
It's not bad. 
You get 75% LTV on the, I mean 

312
00:16:35,760 --> 00:16:38,920
you're not taking out a 75% loan
against it, but it it has a 

313
00:16:38,920 --> 00:16:43,680
pretty high LTV so if you want 
to take a big loan out you can. 

314
00:16:44,720 --> 00:16:46,480
Yeah, you can take out a huge 
one and and that's something 

315
00:16:46,480 --> 00:16:49,360
that doesn't, I mean the down 
days on GLP aren't really that 

316
00:16:49,600 --> 00:16:55,160
don't really get them. 
So yeah, it's quite a comfy 75%.

317
00:16:55,160 --> 00:16:56,720
So it's yeah, that's what I 
basically do now. 

318
00:16:56,720 --> 00:17:01,760
I have that and I have Pepe and 
I have epic and then I put when 

319
00:17:01,800 --> 00:17:03,720
I I want to do a short term 
trade in any of these, I'll just

320
00:17:03,720 --> 00:17:05,359
borrow against the GLP and and 
buy. 

321
00:17:06,200 --> 00:17:07,240
You know what I don't know? 
I. 

322
00:17:07,680 --> 00:17:10,760
Didn't go ahead. 
I didn't buy a lot. 

323
00:17:11,920 --> 00:17:16,400
I mean, ETH looks crazy to me 
here. 

324
00:17:16,400 --> 00:17:19,599
Like it's just how has that 
happened on the back of that 

325
00:17:19,599 --> 00:17:21,680
news? 
Just seems kind of kind of nuts.

326
00:17:23,880 --> 00:17:26,200
Like I said, the only thing we 
bought with Solana, I don't know

327
00:17:26,200 --> 00:17:30,960
if I'd buy WIF. 
You know like WIFF, we've really

328
00:17:30,960 --> 00:17:32,960
got rejected hard at that level,
right? 

329
00:17:32,960 --> 00:17:36,600
It got like, I don't know what 
the Solana beta play is. 

330
00:17:36,600 --> 00:17:38,640
Basically what I'm saying it's 
barely. 

331
00:17:38,640 --> 00:17:43,280
Clearly. 
It's one of these 35 different 

332
00:17:43,280 --> 00:17:43,840
shit. 
Coins. 

333
00:17:43,840 --> 00:17:46,680
It's one of the 5500 thousand 
coins being created a day. 

334
00:17:46,680 --> 00:17:48,920
What do you mean? 
You you own the Solana beta? 

335
00:17:48,920 --> 00:17:51,360
It's epic. 
Shot. 

336
00:17:51,360 --> 00:17:53,080
It's Tammy. 
It's Pop Cat. 

337
00:17:53,080 --> 00:17:56,480
I mean Billy. 
Look at Pepe here guys like I'm 

338
00:17:56,480 --> 00:17:59,520
looking at Pepe 3.4 billion. 
I'm like when it was 7, didn't 

339
00:17:59,520 --> 00:18:01,200
we used to wish about a time 
like this? 

340
00:18:01,840 --> 00:18:03,040
It was six. 
Yeah, dude, like 9. 

341
00:18:03,080 --> 00:18:06,000
It's. 
Down 50. 

342
00:18:06,000 --> 00:18:08,200
Percent, it's been Pepe is 
definitely the one that I'm 

343
00:18:08,200 --> 00:18:09,320
looking. 
I was looking at today. 

344
00:18:09,320 --> 00:18:13,400
But even though I'm looking at 
Pepe, right, it's not really 

345
00:18:13,400 --> 00:18:18,440
bouncing like it's not bouncing 
even on a day like today. 

346
00:18:18,440 --> 00:18:20,000
So like doesn't feel like the 
coin. 

347
00:18:20,400 --> 00:18:24,080
Is holy shit, look at that. 
So Mogg's staying strong, but 

348
00:18:24,080 --> 00:18:26,840
Pepe hasn't really bounced. 
So some whales that sold Pepe 

349
00:18:26,840 --> 00:18:31,480
over the last few, over the last
few weeks that you could see 

350
00:18:31,480 --> 00:18:34,600
from the look on train moves 
like some early whales sold. 

351
00:18:35,480 --> 00:18:38,320
But yeah, I was surprised. 
Like this is the one of the 

352
00:18:38,320 --> 00:18:41,120
first times where Pepe hasn't 
really bounced because which 

353
00:18:41,120 --> 00:18:43,880
makes me think that it's really 
being treated like ETH because 

354
00:18:43,960 --> 00:18:45,640
ETH isn't really bouncing either
here, right? 

355
00:18:45,640 --> 00:18:49,800
Like it's kind of, it kind of 
hit 1850 bounced. 

356
00:18:50,040 --> 00:18:53,440
It's bounced like 3%, but it's 
not looking good. 

357
00:18:54,400 --> 00:18:56,200
So I don't know. 
I just don't know what the the 

358
00:18:56,200 --> 00:18:58,600
beta play is for Solana is 
basically what I'm saying here 

359
00:18:58,600 --> 00:19:01,400
because I don't know if it's 
with, I feel like Solana 

360
00:19:01,400 --> 00:19:04,800
probably outperforms with if you
look at the year to date, have 

361
00:19:04,800 --> 00:19:07,080
you looked at like the top 100 
year to date charts? 

362
00:19:07,080 --> 00:19:08,480
I bring that up on coin market 
cap. 

363
00:19:08,840 --> 00:19:12,120
How do you so I go year here? 
Where's the chart? 

364
00:19:12,120 --> 00:19:16,240
Two point market cap and then I 
think you can probably customize

365
00:19:16,360 --> 00:19:21,520
the the yeah, customize the 
homepage so it has the year to 

366
00:19:21,520 --> 00:19:25,000
date. 
Year to date apply changes and. 

367
00:19:25,480 --> 00:19:28,880
Then bring that to. 
Like oh, it didn't work. 

368
00:19:29,960 --> 00:19:32,640
No. 
Customize year to date. 

369
00:19:32,720 --> 00:19:35,440
Let's remove like no, Oh no, 
there is year to date. 

370
00:19:35,440 --> 00:19:39,240
Let me refresh. 
Bring it to like the front. 

371
00:19:40,560 --> 00:19:42,600
Do you guys know how to do that?
Oh fuck. 

372
00:19:42,840 --> 00:19:43,920
Well that is yeah, worked for 
me. 

373
00:19:45,000 --> 00:19:47,520
Yeah. 
Yeah, so I go I. 

374
00:19:47,560 --> 00:19:52,960
Mean year to date mantra #1. 
Go to customize Pepe and then 

375
00:19:52,960 --> 00:19:54,720
bring that. 
See, see at the top, see at the 

376
00:19:54,720 --> 00:19:58,040
top there, No, go slightly 
higher, higher, yeah, bring 

377
00:19:58,040 --> 00:20:00,360
that. 
Yeah, yeah, put it right there. 

378
00:20:00,400 --> 00:20:02,720
Yeah, yeah, apply. 
There you go. 

379
00:20:02,720 --> 00:20:04,920
There you go. 
All right here, look how crazy 

380
00:20:04,920 --> 00:20:06,640
I'm sorted. 
If you start getting, if you 

381
00:20:06,640 --> 00:20:10,960
start going out of the top, you 
go out the top four or five 

382
00:20:10,960 --> 00:20:12,400
like. 
Celestia. 

383
00:20:12,400 --> 00:20:16,680
These are one of the worst year 
to date. 

384
00:20:16,680 --> 00:20:19,400
Celestia. 
Yeah, go the other way. 

385
00:20:19,600 --> 00:20:21,200
Look at that. 
Optimism's down. 

386
00:20:22,960 --> 00:20:25,200
Yeah, it's rough, all the L 
twos. 

387
00:20:25,240 --> 00:20:26,920
Remember Ordi? 
That was meant to be like the 

388
00:20:26,920 --> 00:20:31,360
fucking meme coin on Bitcoin of 
Arbitrum Fox, say, which was the

389
00:20:31,360 --> 00:20:34,000
new narrative. 
Sandbox metaverse is dead. 

390
00:20:36,920 --> 00:20:42,160
Yeah, it is a fucking bloodbath 
out there for the top 100. 

391
00:20:42,160 --> 00:20:45,600
This has been like no other 
cycle really in that you have 

392
00:20:46,240 --> 00:20:48,040
you just never really had the 
rally. 

393
00:20:48,120 --> 00:20:51,640
It just, it just went down. 
What if we never had a bull 

394
00:20:51,640 --> 00:20:56,360
market and it's about to start? 
But the book, this is the thing 

395
00:20:56,360 --> 00:21:00,040
staying up, why I brought this 
up is because Solana, ETH and 

396
00:21:00,040 --> 00:21:02,840
Bitcoin are all up like 
respectably like 30% this year 

397
00:21:03,080 --> 00:21:06,000
and everything else is just like
absolutely sort of destroyed. 

398
00:21:06,000 --> 00:21:10,400
So to be away from them for any 
period of time, you've got to 

399
00:21:10,400 --> 00:21:13,160
really believe it. 
There's only been a few old 

400
00:21:13,160 --> 00:21:16,880
coins, a few mean coins that 
have really that have really 

401
00:21:16,880 --> 00:21:22,280
outperformed so and I don't know
like what is that meme coin now 

402
00:21:22,280 --> 00:21:25,320
on Solana or on ETH? 
Like I would have bought Pepe on

403
00:21:25,320 --> 00:21:28,600
his dip, but it doesn't look 
even that good right now to me. 

404
00:21:28,600 --> 00:21:30,240
Like it doesn't really want to 
bounce. 

405
00:21:30,480 --> 00:21:31,840
WIF doesn't really want to 
bounce. 

406
00:21:31,840 --> 00:21:34,560
So maybe you just meant to just 
own own Solana? 

407
00:21:35,480 --> 00:21:38,720
Yeah, I mean WIF is still up 
1000% year to year. 

408
00:21:39,000 --> 00:21:42,600
Is 1000%. 
Like, you still have a bunch of 

409
00:21:42,600 --> 00:21:46,280
people who are up probably 
looking at it, thinking what 

410
00:21:46,280 --> 00:21:49,160
you're thinking. 
Like, why would I maybe hold 

411
00:21:49,160 --> 00:21:50,600
this when it doesn't look as 
strong now? 

412
00:21:50,600 --> 00:21:52,920
Yeah, yeah. 
Fuck. 

413
00:21:53,320 --> 00:21:56,160
Well, it is what it is lads. 
I mean what, what? 

414
00:21:56,160 --> 00:21:59,920
What do we do here? 
Like, just fucking enjoy the 

415
00:21:59,920 --> 00:22:04,680
summer, right? 
I didn't realize like ENS is up.

416
00:22:04,680 --> 00:22:07,160
Pretty nice year to date. 
What the fuck? 

417
00:22:08,600 --> 00:22:09,600
That's for being really 
randomly. 

418
00:22:09,680 --> 00:22:11,040
Yes, people were right the 
entire time. 

419
00:22:11,040 --> 00:22:15,360
Holy shit, look at that. 
You know what I mean? 

420
00:22:15,840 --> 00:22:17,160
There's a couple of these, Yeah,
that. 

421
00:22:17,280 --> 00:22:21,240
You know they always get picked 
on but shit, what's the year to 

422
00:22:21,240 --> 00:22:26,760
date on ENS? 
125%, that's a great and 

423
00:22:26,760 --> 00:22:30,200
obviously Ton has been on a year
this year. 

424
00:22:30,680 --> 00:22:33,520
Yeah. 
Which have you been messing 

425
00:22:33,520 --> 00:22:35,800
around at all with the ton 
ecosystem? 

426
00:22:35,800 --> 00:22:38,640
Like playing the hamster race or
any of these. 

427
00:22:38,680 --> 00:22:43,200
I downloaded, I downloaded 
hamster combat just to like play

428
00:22:43,200 --> 00:22:46,120
with it. 
You know, it's a fun game. 

429
00:22:46,480 --> 00:22:48,360
I don't know, I think they're 
just going to like you can tell 

430
00:22:48,360 --> 00:22:49,320
they're going to do well with 
that. 

431
00:22:49,320 --> 00:22:52,240
Telegram just feels like the 
place to be right now, but I 

432
00:22:52,240 --> 00:22:54,080
don't know if there's that much 
money to be made. 

433
00:22:54,080 --> 00:22:57,160
There was that not coin that 
came out, which is like the meme

434
00:22:57,160 --> 00:22:59,440
coin, but then that's been 
destroyed. 

435
00:22:59,440 --> 00:23:02,880
Like that's down like bring up 
the not coin chart, like that's 

436
00:23:02,880 --> 00:23:09,680
down like 60% from the high 70%.
And that was that was only a few

437
00:23:09,680 --> 00:23:11,960
weeks ago that high. 
So that was. 

438
00:23:12,440 --> 00:23:16,480
And that's I don't know. 
Every yeah, that's still over a 

439
00:23:16,480 --> 00:23:21,000
billion, but look at that like 
that's that's not that's not 

440
00:23:21,000 --> 00:23:25,800
pretty. 
I hit I hit two point 2.8 on the

441
00:23:27,360 --> 00:23:31,360
on the listings. 
It got listed on finance right, 

442
00:23:32,280 --> 00:23:35,040
but and also the gaming coins in
general like not coin is 

443
00:23:35,040 --> 00:23:37,400
slightly a gaming coin because 
it's meant to be the coin of 

444
00:23:38,640 --> 00:23:40,840
yeah, some of the games gaming 
coins are just. 

445
00:23:41,280 --> 00:23:44,960
Gaming coins on Yeah, I mean, 
look at this. 

446
00:23:45,240 --> 00:23:48,200
Roy, dude, look. 
At gaming here, look at gaming 

447
00:23:48,200 --> 00:23:50,800
on fucking year to date all the 
way. 

448
00:23:50,800 --> 00:23:53,800
Around do a two-month chart, do 
a two-month like. 

449
00:23:54,040 --> 00:23:58,040
Customize it to show 60 days if 
you can, know if you can. 

450
00:23:59,240 --> 00:24:04,040
I don't think so, but yes, it's 
still like look at just year to 

451
00:24:04,040 --> 00:24:05,440
date. 
Like this is wild. 

452
00:24:06,320 --> 00:24:07,800
Yeah. 
Oh my God. 

453
00:24:08,160 --> 00:24:09,680
It's not what we like to. 
World yeah. 

454
00:24:15,000 --> 00:24:18,080
So I don't know like I feel I 
feel The thing is I thought that

455
00:24:18,080 --> 00:24:22,640
this trend was slightly had 
slightly been gone too far as in

456
00:24:22,640 --> 00:24:25,920
like all these utility style 
coins have probably become 

457
00:24:25,920 --> 00:24:28,520
oversold and then they've 
literally gone down another 

458
00:24:28,520 --> 00:24:31,840
5060% over the last like 3 
weeks. 

459
00:24:33,680 --> 00:24:39,040
It is it has just been insane. 
And Solana like put in a higher 

460
00:24:39,040 --> 00:24:45,240
low just now, you know, like it,
it's very tough with I just I 

461
00:24:45,240 --> 00:24:47,440
really don't know what the 
player is like as in if you're 

462
00:24:47,440 --> 00:24:52,160
trying to now make it back on a 
10XI don't know what you buy 

463
00:24:52,320 --> 00:24:53,960
because I don't know if it's 
these old coins. 

464
00:24:53,960 --> 00:24:57,760
It's just like fucking hell, 
like the bag holders in some of 

465
00:24:57,760 --> 00:25:03,040
these are going to be horrific. 
And then the meme coins, I think

466
00:25:03,040 --> 00:25:05,600
it's you have to buy this like 
the hot coin on Solana. 

467
00:25:05,600 --> 00:25:09,240
I don't know if you can just buy
whiff anymore and just buy and 

468
00:25:09,240 --> 00:25:11,640
hold and assume it's a Solana 
beta coin, right? 

469
00:25:14,040 --> 00:25:19,560
So yeah, I think, I think it's a
dangerous game out there. 

470
00:25:19,560 --> 00:25:22,240
Right now, No, no, you sounded 
like Yeah, the honest. 

471
00:25:22,840 --> 00:25:24,600
Did you hear the? 
I'm not. 

472
00:25:24,600 --> 00:25:26,320
It's not. 
It's not that I'm bearish like 

473
00:25:26,320 --> 00:25:27,560
I'm not. 
I know you're not. 

474
00:25:27,800 --> 00:25:31,320
If you're trying to if you're 
trying to make the money back, I

475
00:25:31,320 --> 00:25:33,640
don't know what the play is, is 
basically what I'm saying, 

476
00:25:33,640 --> 00:25:35,520
because I would have been 
immediately on a day like today,

477
00:25:35,520 --> 00:25:38,280
I'd have been like, right, I'm 
going to buy, I'm going to buy a

478
00:25:38,280 --> 00:25:40,800
a big old clip of Pepe or 
something like that, because 

479
00:25:40,800 --> 00:25:43,040
that'll always bounce the 
strongest back. 

480
00:25:43,040 --> 00:25:46,120
But it hasn't really. 
Maybe mog, like maybe Mog is the

481
00:25:46,120 --> 00:25:48,160
play. 
Maybe that like it's liquid and 

482
00:25:48,520 --> 00:25:51,440
and the volumes are are big and 
everyone's getting behind it. 

483
00:25:51,720 --> 00:25:54,240
I just still don't love the the 
number of holders of Mog. 

484
00:25:54,240 --> 00:25:59,000
Like it just scares me. 
It's like across the two chains 

485
00:25:59,000 --> 00:26:03,080
it's a little under 40K between 
base and ETH. 

486
00:26:04,080 --> 00:26:05,480
Oh, right. 
Is there base holders I didn't 

487
00:26:05,480 --> 00:26:06,320
look at? 
I didn't, yeah. 

488
00:26:06,520 --> 00:26:10,320
Yeah, there's a, there's a base.
They they migrated a good bit 

489
00:26:10,320 --> 00:26:14,920
over there. 
OK, yeah, but it feels slightly 

490
00:26:14,920 --> 00:26:18,160
better then. 
It's, it's not, you know, an an 

491
00:26:18,160 --> 00:26:21,200
insane amount, but I'll look it 
up and make sure I'm not full of

492
00:26:21,200 --> 00:26:22,360
shit. 
I'm not. 

493
00:26:22,640 --> 00:26:27,880
Showing 17,808 base holders. 
That's impressive because. 

494
00:26:27,960 --> 00:26:30,920
Changes. 
Yeah, that does change. 

495
00:26:30,920 --> 00:26:33,520
That's quite a lot, actually. 
Like that makes it that makes it

496
00:26:33,560 --> 00:26:35,520
easy. 
To me, it shows that the holders

497
00:26:35,520 --> 00:26:39,160
who own it are pretty strong. 
Like maybe there isn't, you 

498
00:26:39,160 --> 00:26:42,600
know, 100K plus holders like the
big memes, but the people who 

499
00:26:42,600 --> 00:26:45,720
own it are pretty much like, 
yeah, I'm not going to sell 

500
00:26:45,720 --> 00:26:48,440
this. 
There will be a point where that

501
00:26:48,440 --> 00:26:51,800
changes. 
But it it is interesting. 

502
00:26:54,200 --> 00:26:59,040
I do think I do think we'll, we 
will probably bounce here like I

503
00:26:59,040 --> 00:27:01,760
thought we'd bounce when we when
we went up back up to 60. 

504
00:27:01,880 --> 00:27:05,000
I literally said we'd hit 63 K 
and then we will decide. 

505
00:27:05,280 --> 00:27:08,160
I didn't expect us to fall out 
of bed at the speed that we fell

506
00:27:08,160 --> 00:27:13,080
out a bit that like that was 
fucking three days ago. 

507
00:27:13,080 --> 00:27:18,840
We were at 63 K Like that was a 
wild, wild Wick Wick slower. 

508
00:27:19,320 --> 00:27:22,880
I think, I think a lot of like 
when you have the second biggest

509
00:27:22,880 --> 00:27:28,080
liquidation day ever, and it's 
not because FDX is imploded, 

510
00:27:28,080 --> 00:27:32,720
it's because the German 
government's fucking backing. 

511
00:27:32,720 --> 00:27:33,880
This thing. 
Like. 

512
00:27:35,640 --> 00:27:40,040
What the fuck with them like 
what the fuck. 

513
00:27:40,040 --> 00:27:42,520
You know what today I bet all in
on on Spain. 

514
00:27:42,960 --> 00:27:46,840
Fuck this I will be cheering on 
for Germany to get destroyed by 

515
00:27:46,840 --> 00:27:49,040
Spain to then the euro. 
It's at noon, I cleared my 

516
00:27:49,040 --> 00:27:51,480
schedule for that. 
I've been watching that game and

517
00:27:51,480 --> 00:27:54,600
praying for their downfall and 
you guys should all do it. 

518
00:27:54,600 --> 00:27:56,160
Well, actually, no, I don't want
to say you should do that. 

519
00:27:56,360 --> 00:27:57,720
Everybody should all bid. 
How do? 

520
00:27:57,800 --> 00:27:59,440
You buy Bitcoin. 
All bid against them. 

521
00:27:59,680 --> 00:28:02,880
Yeah fucking bet against Germany
and buy Bitcoin. 

522
00:28:02,880 --> 00:28:05,480
Our hosts appear on complete 
arrows definitely my opinions 

523
00:28:06,440 --> 00:28:08,360
and and those of the entire 
timeline. 

524
00:28:09,480 --> 00:28:11,520
What the fuck with Germany? 
Did you guys see that one? 

525
00:28:11,760 --> 00:28:16,680
So there's a Germany there's a 
politician that today spoke in 

526
00:28:16,680 --> 00:28:19,360
Germany. 
It was like, I urge you to keep 

527
00:28:19,360 --> 00:28:22,040
your Bitcoin like 'cause she 
actually like she's like tapped 

528
00:28:22,040 --> 00:28:24,080
into Bitcoin and she was like, 
don't see it. 

529
00:28:24,320 --> 00:28:27,040
And she was urging the 
government to stop selling. 

530
00:28:27,040 --> 00:28:29,560
Bit like when you think about 
it, that like there's full stack

531
00:28:29,560 --> 00:28:30,960
selling that shit in like the 
50s. 

532
00:28:31,440 --> 00:28:35,240
Like it's probably going to end 
like surely the sense unless 

533
00:28:35,240 --> 00:28:38,200
they're popping. 
Surely, surely. 

534
00:28:41,080 --> 00:28:44,840
Yeah, I think yeah, probably. 
They should keep hold of some, 

535
00:28:44,840 --> 00:28:47,360
right, I think. 
What do you the only? 

536
00:28:47,360 --> 00:28:49,760
Thing is that. 
They confiscated them and I 

537
00:28:49,760 --> 00:28:52,200
think this is this is going to 
consistently happen with 

538
00:28:52,200 --> 00:28:54,280
governments, right? 
They're going to confiscate 

539
00:28:54,280 --> 00:28:56,520
these assets more and more when 
there's like they're they're 

540
00:28:56,520 --> 00:28:58,400
involved with illicit 
transactions. 

541
00:28:58,400 --> 00:29:01,760
So we're going to see this for 
the next 10 years. the US is 

542
00:29:01,760 --> 00:29:03,120
going to confiscate a lot of 
Bitcoin. 

543
00:29:03,440 --> 00:29:05,480
The UK is probably going to 
confiscate a lot of Bitcoin. 

544
00:29:05,640 --> 00:29:07,760
So is so is loads of different 
governments. 

545
00:29:07,760 --> 00:29:11,160
So I don't think we we're going 
to expect them to be like nice 

546
00:29:11,160 --> 00:29:14,400
when they exit. 
It is wild. 

547
00:29:15,000 --> 00:29:18,160
They decided, yeah, they decide 
to do it on the 4th of July, 

548
00:29:18,400 --> 00:29:20,480
like. 
That feels like a hate crime. 

549
00:29:20,920 --> 00:29:24,680
That is, they really went for it
there, which I just thought was 

550
00:29:24,680 --> 00:29:28,080
hilarious. 
Like public holiday Germany just

551
00:29:28,080 --> 00:29:30,480
keeps selling. 
Mount Gox decides to make its 

552
00:29:30,480 --> 00:29:32,840
distributions on AUS public 
holiday. 

553
00:29:32,840 --> 00:29:35,120
Like what's the fuck going on 
here, guys? 

554
00:29:36,280 --> 00:29:39,040
Fuck the Americans, let's just 
dump on their heads, you know 

555
00:29:39,040 --> 00:29:40,600
what I mean? 
Like they went straight for the 

556
00:29:40,600 --> 00:29:43,720
kill. 
Fireworks illegal over there so 

557
00:29:43,720 --> 00:29:45,160
this is the best thing they 
could do. 

558
00:29:45,560 --> 00:29:52,720
Fireworks illegal, and I mean 
no, they're the sale of category

559
00:29:52,720 --> 00:29:56,320
F3 and F4 fireworks concern is 
prohibited in Germany. 

560
00:29:59,080 --> 00:30:02,800
I just looked at the Bowden 
chart, by the way, and it's on 

561
00:30:02,800 --> 00:30:06,400
its way to do a yield down to 
97%. 

562
00:30:06,640 --> 00:30:10,040
Oh yeah, I've seen that. 
If you if you didn't buy the 

563
00:30:10,040 --> 00:30:13,560
token in the first day, you're 
now down money. 

564
00:30:14,880 --> 00:30:18,080
What do you think is the the 
worst of these like Boden is 

565
00:30:18,080 --> 00:30:21,120
quite clearly is going to be up 
there, but like what is the 

566
00:30:21,120 --> 00:30:23,840
worst of these? 
Like we're this is going to a 

567
00:30:23,840 --> 00:30:27,040
Billy which is now dead. 
Like you Boden, one of the ones 

568
00:30:27,080 --> 00:30:30,600
of these of this cycle. 
I mean Boden is under a 20 mil 

569
00:30:30,600 --> 00:30:35,080
market cap and it was at 500. 
This Audi, I think it's got to 

570
00:30:35,080 --> 00:30:36,920
be up there as well. 
Like Audi had a but what? 

571
00:30:37,200 --> 00:30:39,040
How are the runes doing? 
Oh my. 

572
00:30:39,280 --> 00:30:41,880
God, oh, the runes, the runes 
are not doing Yeah D Gen. 

573
00:30:41,880 --> 00:30:44,080
Yeah D Gen. 
D Gen's a good example. 

574
00:30:44,080 --> 00:30:47,680
It's a great example of these. 
Men, yeah, because we were like 

575
00:30:47,680 --> 00:30:50,160
bullish on that shit, but look 
at that now I mean. 

576
00:30:51,360 --> 00:30:53,160
Where is what's? 
What's the market cap? 

577
00:30:53,560 --> 00:30:57,640
109 market at 66 mil and FDV God
it still. 

578
00:30:59,520 --> 00:31:02,160
Feels like it could go down 
another 60% from here and you 

579
00:31:02,160 --> 00:31:07,240
wouldn't be surprised. 
So boat D Gen. what are what 

580
00:31:07,280 --> 00:31:10,640
other ones were like really hot 
at the start of this year? 

581
00:31:11,600 --> 00:31:14,240
Tia would be another one right 
Like that one of the. 

582
00:31:15,320 --> 00:31:17,720
Down bad top 100 tokens, I'm 
sorry. 

583
00:31:18,280 --> 00:31:23,960
That's not it, That's not it. 
It's it's like 4 dollars 480 and

584
00:31:23,960 --> 00:31:27,160
it was at 20. 
Didn't the the dev hack see the?

585
00:31:27,320 --> 00:31:30,120
CIA. 
Yeah, Modularity has never. 

586
00:31:30,160 --> 00:31:32,680
Looked worse. 
Oh my God, dude. 

587
00:31:32,920 --> 00:31:36,800
We haven't got a single AirDrop.
Look at. 

588
00:31:38,720 --> 00:31:40,960
That get an AirDrop every day 
for a year. 

589
00:31:42,080 --> 00:31:45,080
Brother, you like, you like hope
for a McDonald's. 

590
00:31:45,080 --> 00:31:46,360
That's what I think with a chart
like that. 

591
00:31:46,360 --> 00:31:49,040
But it hasn't. 
It's just a straight up V upside

592
00:31:49,040 --> 00:31:52,360
down V there. 
I'm praying for a McDonald's on 

593
00:31:52,640 --> 00:31:55,840
my prime moon bag because this 
thing is getting hammered. 

594
00:31:56,400 --> 00:31:58,880
Yeah, anything gaming. 
Anything gaming? 

595
00:31:58,960 --> 00:32:01,080
Doesn't fully eliminate like 
half of it is broken. 

596
00:32:01,360 --> 00:32:04,960
It's just like that 1/2. 
Tao is another one. 

597
00:32:04,960 --> 00:32:09,400
Like $200. 
Oh my God, the AI token. 

598
00:32:10,360 --> 00:32:13,280
This was the AI Bitcoin. 
All you had to do was just buy 

599
00:32:13,280 --> 00:32:14,680
it and you were going to make a 
ton of money. 

600
00:32:14,680 --> 00:32:16,320
Let's see. 
Hold on. 

601
00:32:16,480 --> 00:32:17,520
Is that it? 
No. 

602
00:32:18,720 --> 00:32:20,240
Yeah, 'cause it got listed, 
right? 

603
00:32:20,240 --> 00:32:24,080
It only got it got listed and 
then it's down like 90% since it

604
00:32:24,080 --> 00:32:29,000
got listed. 
I don't know if that that is. 

605
00:32:29,080 --> 00:32:29,880
Right. 
That's not it. 

606
00:32:29,880 --> 00:32:32,040
It's no, no, no. 
No, no, no. 

607
00:32:32,160 --> 00:32:35,440
It made me better on. 
Finance hold on here, you. 

608
00:32:35,440 --> 00:32:37,880
Go yeah, because I don't think 
it was listed on many exchanges.

609
00:32:38,680 --> 00:32:40,320
Bit sensor. 
Oh my. 

610
00:32:41,120 --> 00:32:46,160
Why won't it fucking hold on? 
I'll bring it up on call like 

611
00:32:46,160 --> 00:32:48,240
corn market cap or something 
like that because it it was only

612
00:32:48,240 --> 00:32:51,040
listed on. 
On finance I have it on like a 

613
00:32:51,080 --> 00:32:53,320
next C chart. 
Yeah. 

614
00:32:53,600 --> 00:32:56,280
On trading, yeah, There you go. 
There we go. 

615
00:32:56,600 --> 00:33:00,040
Oh oh. 
God, that that one's been. 

616
00:33:01,880 --> 00:33:05,600
Said support sitting at support 
now for Tao, they got a. 

617
00:33:05,680 --> 00:33:09,400
Lot of these are at like the 
last level before it feels like 

618
00:33:09,400 --> 00:33:15,480
it's going lights out, which I 
if it goes down from there, it's

619
00:33:15,480 --> 00:33:18,160
going to like $100. 
It's going to dump it under 50% 

620
00:33:18,160 --> 00:33:21,720
it feels like. 
Now I have to say the the one 

621
00:33:21,720 --> 00:33:25,120
that is has really surprised me 
has been doge. 

622
00:33:25,520 --> 00:33:29,120
Like I really felt like doge was
going to have a like a proper 

623
00:33:29,120 --> 00:33:34,280
run this cycle and it's 
basically flat on the year, like

624
00:33:35,480 --> 00:33:38,120
or maybe down even small down 
now on the year. 

625
00:33:38,520 --> 00:33:42,600
Doge you would have assumed 
would have had a run like so 

626
00:33:42,600 --> 00:33:46,200
many people were bullish on DOGE
in the meme space to come back 

627
00:33:46,720 --> 00:33:49,880
and it's just straight up died 
like. 

628
00:33:49,920 --> 00:33:53,400
Oh my God, dude. 
I feel like Whiff and a bunch 

629
00:33:53,520 --> 00:33:56,960
like Pepe took the wind out of 
Doge's sales because people are 

630
00:33:56,960 --> 00:34:00,280
looking at Doge and they're like
well why would I buy this when 

631
00:34:00,280 --> 00:34:05,760
it's worth 10X plus more than 
every other meme. 

632
00:34:07,960 --> 00:34:10,719
So where is the doge market get 
now it's a 14. 

633
00:34:11,440 --> 00:34:13,600
You know, I might that's not a 
bad buy. 

634
00:34:13,719 --> 00:34:17,400
I might get involved in that, 
that, that one's well, maybe I 

635
00:34:17,400 --> 00:34:21,120
won't, but like, I think that's.
It's like Pepe is like what? 

636
00:34:21,199 --> 00:34:22,080
Well, maybe. 
I won't. 

637
00:34:23,480 --> 00:34:25,760
I'd rather buy Pepe. 
I'd rather buy Pepe. 

638
00:34:25,880 --> 00:34:27,360
That's the thing. 
It's still the case, right? 

639
00:34:27,400 --> 00:34:28,639
It's. 
Just everybody's going to think 

640
00:34:28,719 --> 00:34:30,000
like that. 
Everybody thinks like that. 

641
00:34:30,000 --> 00:34:31,520
I think that's why Doji's not 
doing it. 

642
00:34:31,639 --> 00:34:35,040
It's like, oh, can I buy the old
narrative that has clearly 

643
00:34:35,040 --> 00:34:37,600
failed to pump with the rest, or
can I buy the new narrative that

644
00:34:37,760 --> 00:34:40,840
is probably going to bounce? 
I bet you everybody was 

645
00:34:40,840 --> 00:34:44,199
following wanting to have Pepe 
when it was seven bill and I bet

646
00:34:44,199 --> 00:34:48,120
you last week when when MOG went
to MOG, sorry, MOG went to 700 

647
00:34:48,120 --> 00:34:49,120
mil. 
Everyone was like fuck I wish 

648
00:34:49,120 --> 00:34:52,600
that more like everyone if 
you're in crypto. 

649
00:34:52,840 --> 00:34:55,760
And now, now you're looking at 
Billy and you're like, wow, why 

650
00:34:55,800 --> 00:34:59,800
didn't I buy Billy when it was? 
20 Generational wealth. 100% And

651
00:34:59,800 --> 00:35:01,480
you know what I I like, I like 
this. 

652
00:35:02,440 --> 00:35:05,480
I like this. 
But the duck, The duck that's. 

653
00:35:05,640 --> 00:35:08,120
Actually don't get a job Well, 
let's be honest, right? 

654
00:35:08,160 --> 00:35:09,800
Let's. 
Be honest, I want to bring it up

655
00:35:09,840 --> 00:35:13,240
because Mando, like we just 
looked at what, 30 charts? 

656
00:35:13,240 --> 00:35:16,680
I love this. 
Consolidation. 

657
00:35:16,680 --> 00:35:18,680
That looks like low highs, high 
lows. 

658
00:35:19,120 --> 00:35:20,360
Let's see. 
Let's see where it goes. 

659
00:35:20,880 --> 00:35:23,240
Why don't I have better than a 
lot of what we just like that I 

660
00:35:23,280 --> 00:35:25,360
need a quack. 
I'm going to download a quack 

661
00:35:25,360 --> 00:35:27,680
sound so I'm having my Rd. 
caster whenever we like, you 

662
00:35:27,680 --> 00:35:28,920
know? 
It's fire. 

663
00:35:29,280 --> 00:35:33,440
Quack, do you think? 
Political they're. 

664
00:35:33,600 --> 00:35:38,360
Dead. 
I I I still like tramp. 

665
00:35:38,360 --> 00:35:40,120
It's like. 
Trump, maggot or whatever is 

666
00:35:40,120 --> 00:35:40,720
that? 
Support. 

667
00:35:40,720 --> 00:35:43,760
Everything looks so bad. 
Like everything. 

668
00:35:43,760 --> 00:35:46,880
What's that song like? 
Hello Darkness, my old friend. 

669
00:35:46,920 --> 00:35:48,800
I want to play that during this 
clip. 

670
00:35:48,880 --> 00:35:50,200
Same. 
So we're gonna have to make a 

671
00:35:50,200 --> 00:35:52,200
clip with that song. 
All the charts we just saw 

672
00:35:52,440 --> 00:35:56,960
showed today. 
My my view is that Trump becomes

673
00:35:57,000 --> 00:35:59,960
less cool when he when he gets 
into office and. 

674
00:36:00,080 --> 00:36:04,000
That tramp. 
And that tramp then becomes a 

675
00:36:04,000 --> 00:36:09,560
more cool token winning. 
Yeah, Trump's at 41 million. 

676
00:36:09,560 --> 00:36:15,040
Trump is still at 250 million. 
I haven't looked at the DJT 

677
00:36:15,040 --> 00:36:18,720
chart in a while. 
You were you were right there. 

678
00:36:18,960 --> 00:36:23,120
Hold on, hold on, hold on. 
I I was away for three weeks. 

679
00:36:23,480 --> 00:36:25,840
I was away for three weeks. 
I didn't really part and I 

680
00:36:25,840 --> 00:36:27,720
really didn't feel like 
partaking the Twitter 

681
00:36:27,720 --> 00:36:30,720
shenanigans. 
But these you're you're you're 

682
00:36:30,720 --> 00:36:34,520
you've been in quite some stupid
out of one on the timeline with 

683
00:36:34,560 --> 00:36:36,440
Shkreli. 
We're awesome. 

684
00:36:36,680 --> 00:36:40,200
We're fucking. 
Tate, Tate, that guy had to 

685
00:36:40,200 --> 00:36:42,480
apologize because he retweeted 
my tweet. 

686
00:36:43,520 --> 00:36:45,000
Thread Guy's another 
conversation. 

687
00:36:45,000 --> 00:36:46,760
We're going to have to thread 
guy on the show next week, man. 

688
00:36:46,760 --> 00:36:48,360
No, this guy's got. 
I think that's. 

689
00:36:48,440 --> 00:36:50,280
I think that's what the market 
needs if I'm honest. 

690
00:36:50,280 --> 00:36:53,400
It needs Thread Guy and Andrew 
Tate talking on the timeline. 

691
00:36:53,920 --> 00:37:00,800
That's what we need. 
The hits the Answer and and that

692
00:37:00,800 --> 00:37:05,040
crew are taking at the moment 
for introducing celebrities and 

693
00:37:05,040 --> 00:37:06,800
threads. 
Guys got an hour long interview 

694
00:37:06,800 --> 00:37:08,920
with with fucking Andrew takes 
still to come. 

695
00:37:08,920 --> 00:37:12,680
Out we're probably going to keep
going down until that goes live 

696
00:37:12,800 --> 00:37:15,800
love you TG you know that and 
then once it goes live hopefully

697
00:37:16,040 --> 00:37:19,800
we get we get I just. 
Noticed I I got this new camera 

698
00:37:19,800 --> 00:37:21,360
and it like follows me around 
the room. 

699
00:37:21,960 --> 00:37:24,400
Oh, it's smart. 
Wait, look at this. 

700
00:37:24,400 --> 00:37:26,800
Wait, that's hold on. 
What the? 

701
00:37:26,880 --> 00:37:28,320
What does this? 
Need to epic, right? 

702
00:37:29,240 --> 00:37:30,920
Does this have a token 
associated to it? 

703
00:37:30,920 --> 00:37:34,480
Because all tech needs a token. 
Yeah, dude, my, we're, we're 

704
00:37:34,600 --> 00:37:38,760
using Cam 3 for Epic users. 
Yeah, everything, everything 

705
00:37:38,760 --> 00:37:40,440
needs a token. 
So does this. 

706
00:37:40,560 --> 00:37:43,040
Is that an RWA camera tied to 
deepen? 

707
00:37:43,240 --> 00:37:45,120
Have you guys seen? 
The RWA have you? 

708
00:37:45,320 --> 00:37:46,600
You know what? 
That's the only shit that's 

709
00:37:46,600 --> 00:37:48,120
doing OK. 
The deepen. 

710
00:37:49,280 --> 00:37:50,640
Is it though? 
Have you guys seen the Well 

711
00:37:50,640 --> 00:37:55,000
Three launch over this week 
that's getting like decimated on

712
00:37:55,000 --> 00:37:56,040
the timeline. 
Have you guys not see that's 

713
00:37:56,040 --> 00:37:56,960
like the biggest thing right 
now? 

714
00:37:56,960 --> 00:38:00,520
No, Well, you guys have not seen
this. 

715
00:38:01,280 --> 00:38:03,160
This sounds like a scam dude 
that just. 

716
00:38:03,160 --> 00:38:06,160
Like no, that's the that's the 
thing that raised $55 million in

717
00:38:06,160 --> 00:38:08,600
the pre sale and then this, 
this. 

718
00:38:08,600 --> 00:38:10,480
Whole thing sounds like a scam 
dude. 

719
00:38:12,160 --> 00:38:14,200
Well three. 
Have you got well 3? 

720
00:38:14,520 --> 00:38:16,760
You're going to well. 
Three is you're going to. 

721
00:38:16,800 --> 00:38:18,560
Oh yeah, I did see this. 
I did see this. 

722
00:38:18,560 --> 00:38:21,000
I did see this. 
You would love this like. 

723
00:38:21,720 --> 00:38:25,760
By the it's by the it's by the 
like meme land CTO right? 

724
00:38:25,800 --> 00:38:27,720
Who, like, moved on and did his 
own thing. 

725
00:38:27,920 --> 00:38:30,360
He moved on. 
This is not I don't think this 

726
00:38:30,360 --> 00:38:32,680
is a meme land product. 
It's not, it's. 

727
00:38:32,800 --> 00:38:35,840
No, but it's like it's like it's
associated in some way like he's

728
00:38:35,840 --> 00:38:40,600
X, this guy's X. 
He's getting like decimated on 

729
00:38:40,600 --> 00:38:44,240
Twitter like. 
Yeah, because because they they 

730
00:38:44,240 --> 00:38:48,360
basically sold all the tokens on
by bit and then then did the 

731
00:38:48,360 --> 00:38:50,600
AirDrop afterwards. 
This was sick. 

732
00:38:50,600 --> 00:38:53,480
Clan was worth. 
Come on, this was 16 million, $6

733
00:38:53,480 --> 00:38:57,360
million worth. 
And then they went live on Big 

734
00:38:57,360 --> 00:39:00,080
Cat. 
Love it. 

735
00:39:00,240 --> 00:39:02,760
You got to get out before your 
community gets out. 

736
00:39:02,800 --> 00:39:06,200
I mean, it's only fair. 
Dude, this is wild. 

737
00:39:06,720 --> 00:39:09,000
What else happened? 
I mean shit, deez. 

738
00:39:09,000 --> 00:39:11,280
I mean I feel like you're tapped
and you're we got sober deez on.

739
00:39:11,280 --> 00:39:14,240
I mean, it feels like you've 
been really like on a tear, bro.

740
00:39:14,920 --> 00:39:17,720
On a tear. 
I've just opened up my eyes to 

741
00:39:17,720 --> 00:39:20,400
how much bullshit there is in 
the space and how. 

742
00:39:20,480 --> 00:39:24,080
Much. 
Dick riding and straight up just

743
00:39:24,320 --> 00:39:27,840
lies in the funerary that that 
go on and. 

744
00:39:29,360 --> 00:39:32,480
Can I can I ask, has your 
followers gone a lot a lot up 

745
00:39:32,480 --> 00:39:33,960
since you've? 
Been like not really, no. 

746
00:39:34,640 --> 00:39:37,400
No, I I really felt like that 
would be you'd get a lot of 

747
00:39:37,400 --> 00:39:38,840
followers if. 
You, I mean, he's putting 

748
00:39:38,840 --> 00:39:40,760
numbers on the scoreboard, 
that's for sure. 

749
00:39:41,960 --> 00:39:44,360
Yeah, I think I'm pretty much 
like up 1000 followers or 

750
00:39:44,360 --> 00:39:46,560
something. 
I, I feel like every week 

751
00:39:46,600 --> 00:39:50,920
there's just 500 to 1000 
followers I lose because they're

752
00:39:50,920 --> 00:39:55,680
probably like dead fucking bot 
accounts from last cycle and 

753
00:39:55,680 --> 00:39:59,800
then the the fantasy top shit. 
Like I don't really think I'm 

754
00:39:59,800 --> 00:40:02,640
getting botted but I I don't 
know. 

755
00:40:03,200 --> 00:40:05,920
Same as you, every time I gain 
like a bunch of followers like 

756
00:40:05,920 --> 00:40:08,600
I'll lose just as much almost. 
It's all 2021 bullshit. 

757
00:40:08,600 --> 00:40:11,680
I would rather just keep losing 
all the fake ones and hopefully 

758
00:40:11,680 --> 00:40:15,000
add real ones in their place. 
It's kind of the way I'm looking

759
00:40:15,000 --> 00:40:18,440
at it. 
Like if we can remove 500 fake 

760
00:40:18,440 --> 00:40:22,240
ones and get 500 real ones and 
I'm staying at that number, like

761
00:40:22,960 --> 00:40:27,120
whatever, that's cool with me. 
The the Twitter checks have gone

762
00:40:27,120 --> 00:40:30,080
up a little bit like the 
biweekly payments. 

763
00:40:30,840 --> 00:40:33,160
Yeah. 
So that's kind of what I use to 

764
00:40:33,160 --> 00:40:36,880
judge more than the follower 
account is like, oh, did the, 

765
00:40:37,200 --> 00:40:40,760
you know, $500 become $1000 or 
whatever? 

766
00:40:40,800 --> 00:40:43,720
Yeah. 
Yeah, well, I never got over 

767
00:40:43,720 --> 00:40:47,400
$500 payout except that one time
in Singapore. 

768
00:40:47,720 --> 00:40:51,840
Anyways, the, you know. 
Oh fuck, I was going to bring 

769
00:40:51,840 --> 00:40:53,040
something up. 
I forgot. 

770
00:40:53,200 --> 00:40:57,000
Yeah, I actually grew through 
these when I was in in South of 

771
00:40:57,000 --> 00:41:00,080
France in week two. 
We can Manda knows, but it was a

772
00:41:00,080 --> 00:41:03,480
day where I went full bear, like
I, I woke up with like pain in 

773
00:41:03,480 --> 00:41:05,000
my face. 
So but I remember that when I 

774
00:41:05,000 --> 00:41:08,080
went to a whole tooth pain so 
bad that it was hurting my nerve

775
00:41:08,080 --> 00:41:09,480
in my brain. 
It was the worst pain you can 

776
00:41:09,480 --> 00:41:11,560
experience. 
And I woke up just like sick of 

777
00:41:11,560 --> 00:41:14,400
it all. 
And, and I asked myself and I 

778
00:41:14,400 --> 00:41:16,440
called Mando and and logs. 
I had long conversation with 

779
00:41:16,440 --> 00:41:20,200
logs and I was like, why does 
everything that we build in this

780
00:41:20,200 --> 00:41:21,880
industry need a token associated
to it? 

781
00:41:21,880 --> 00:41:24,520
And why are we focused more on 
building more infrastructure 

782
00:41:24,520 --> 00:41:26,880
versus building apps that people
are actually going to use? 

783
00:41:27,040 --> 00:41:29,000
Because I was in Cannes, at 
Cannes Lions, which is the 

784
00:41:29,000 --> 00:41:32,600
biggest like festival for like 
advertising agencies, etcetera, 

785
00:41:33,480 --> 00:41:34,800
which has nothing to do with 
Wi-Fi. 

786
00:41:34,800 --> 00:41:37,240
It's like I felt completely out 
of place, which was in a good 

787
00:41:37,240 --> 00:41:40,080
way. 
And and like nobody knows about 

788
00:41:40,080 --> 00:41:41,960
us much and nobody really gives 
a fuck. 

789
00:41:41,960 --> 00:41:44,840
And when you go outside of a 
bubble and nobody gives a shit. 

790
00:41:45,160 --> 00:41:47,000
That's why the other day I 
tweeted like, hey, as soon as 

791
00:41:47,000 --> 00:41:49,840
you step outside the space, like
I'm bullish because of that. 

792
00:41:49,840 --> 00:41:51,880
Because most people don't even 
know much if there was something

793
00:41:51,880 --> 00:41:54,360
else that I've seen this 
Bloomberg post or this or that 

794
00:41:54,360 --> 00:41:57,120
or that Dogecoin, but nobody 
really cares either. 

795
00:41:57,440 --> 00:41:58,920
So it made me rethink a lot of 
the industry. 

796
00:41:58,920 --> 00:42:01,800
Like I went to that parodies for
like a, a, a couple weeks when I

797
00:42:01,800 --> 00:42:05,360
was away where I was like, 
what's actually useful and how 

798
00:42:05,360 --> 00:42:07,320
do we make sure that we stay 
within that realm? 

799
00:42:07,320 --> 00:42:09,600
You know what I mean? 
It's makes you think a lot. 

800
00:42:10,560 --> 00:42:12,560
Yeah. 
We need more L twos. 

801
00:42:14,600 --> 00:42:17,560
It makes you, when you're 
looking at these meme charts in 

802
00:42:17,560 --> 00:42:21,400
particular, wonder why you would
own anything other than Ditklin,

803
00:42:21,400 --> 00:42:26,840
Solana, ETH, JL memes and memes.
I get memes, I understand memes.

804
00:42:26,920 --> 00:42:30,120
I I just a lot of that was like,
well, the tech can be adopted, 

805
00:42:30,120 --> 00:42:32,840
but does the tech need a token 
associated to it is a question, 

806
00:42:32,840 --> 00:42:35,560
because even if the the company 
then the underlying tech makes 

807
00:42:35,560 --> 00:42:38,920
money on fees, it doesn't really
go back to the holders slash 

808
00:42:38,920 --> 00:42:41,240
users. 
So therefore, why do we really 

809
00:42:41,240 --> 00:42:43,600
need a token for everything? 
That was really my main. 

810
00:42:44,360 --> 00:42:47,080
Saw that one day where I won 
like Zero Dark well. 

811
00:42:47,080 --> 00:42:50,760
We need a token so that the 
investors can get liquidity like

812
00:42:50,760 --> 00:42:52,600
that. 
That's the the main reason. 

813
00:42:52,600 --> 00:42:55,280
And I think people are waking up
to that and they're like, well, 

814
00:42:55,280 --> 00:42:58,000
why would I be exit liquidity 
for the investors you. 

815
00:43:00,360 --> 00:43:02,960
Need a token for the VCSVCS? 
Need a token because this is the

816
00:43:02,960 --> 00:43:04,960
double dip of of crypto 
investing, right? 

817
00:43:04,960 --> 00:43:07,560
Like you get, you get your 
equity and you get your token. 

818
00:43:08,360 --> 00:43:11,280
How do we build something that 
actually, and that was my 

819
00:43:11,280 --> 00:43:13,840
thought, I talked internally 
this morning about this because 

820
00:43:13,840 --> 00:43:16,040
obviously we're working our own 
stuff and I'm like, how do we 

821
00:43:16,040 --> 00:43:18,600
build something that's not that?
How do we build something that 

822
00:43:18,600 --> 00:43:23,520
can actually somehow manage to 
drive value back similar to meme

823
00:43:23,520 --> 00:43:26,560
coins like Friendtech was? 
100% community AirDrop. 

824
00:43:27,280 --> 00:43:28,960
That went to zero. 
So they had a yeah, right. 

825
00:43:29,040 --> 00:43:33,920
They had their walled garden, 
they had a fee farm, and even if

826
00:43:33,920 --> 00:43:36,080
the token was going to zero, 
they were going to get a good 

827
00:43:36,080 --> 00:43:37,920
amount of fees in the the 
process. 

828
00:43:38,520 --> 00:43:40,520
And it sucks. 
It took me until the price went 

829
00:43:40,520 --> 00:43:42,080
to like a dollar to realize 
that. 

830
00:43:43,760 --> 00:43:48,080
But yeah, that there's different
ways to do it. 

831
00:43:48,080 --> 00:43:52,440
But at the end of the day, it's 
all about, for at least I think 

832
00:43:52,440 --> 00:43:55,480
a lot of these people returning 
capital to the investor in some 

833
00:43:55,480 --> 00:43:58,920
way. 
Yeah. 

834
00:43:58,920 --> 00:44:03,160
I don't know if you can 
necessarily like if you're going

835
00:44:03,160 --> 00:44:05,920
to do, if you're going to do 
like a fair distribution. 

836
00:44:07,520 --> 00:44:10,240
I think the main issue is like 
when people are like there's big

837
00:44:10,240 --> 00:44:13,320
betting periods and VCs 
basically just dumped for over 

838
00:44:13,320 --> 00:44:16,040
the next three years. 
Sometimes it's, although you 

839
00:44:16,040 --> 00:44:19,840
have poorer initial performance,
sometimes it's better just to 

840
00:44:19,840 --> 00:44:22,440
have all the supply out there at
the start rather than just get 

841
00:44:22,440 --> 00:44:25,800
continually dumped on. 
Then if the product is good, it 

842
00:44:25,800 --> 00:44:28,120
will survive and if it if it 
isn't, then it won't. 

843
00:44:28,320 --> 00:44:31,400
You know what I mean? 
Like Friendtech, if it was a 

844
00:44:31,400 --> 00:44:35,080
really good product and everyone
was using it, then it would have

845
00:44:35,080 --> 00:44:37,520
been, I reckon that token could 
have done pretty well actually. 

846
00:44:39,000 --> 00:44:41,480
But you really are resting on 
the idea that you're you're 

847
00:44:41,480 --> 00:44:44,200
going to you're going to have a 
good product that everyone's 

848
00:44:44,200 --> 00:44:45,720
using. 
I don't really know what in 

849
00:44:45,720 --> 00:44:49,680
crypto now could do that and 
everyone would maybe if like 

850
00:44:49,880 --> 00:44:53,480
pump dot funded the token right 
and they made it completely fair

851
00:44:53,480 --> 00:44:57,960
distribution from the start, I 
reckon that would that token 

852
00:44:57,960 --> 00:45:00,640
would do really well do. 
You think that that token would 

853
00:45:00,640 --> 00:45:04,080
get a cut of the revenue because
they're making a ton in fees? 

854
00:45:04,120 --> 00:45:06,440
That's what I mean, like if 
that's a share token that I 

855
00:45:06,440 --> 00:45:09,000
think could, could do very, very
well if they brought out a 

856
00:45:09,000 --> 00:45:11,240
token. 
But most probably they'll 

857
00:45:11,440 --> 00:45:14,560
they'll do like a very low flow 
of the start and they'll pump it

858
00:45:14,560 --> 00:45:17,000
up to the highest possible value
and then it will get found over 

859
00:45:17,000 --> 00:45:18,520
the next three years. 
You know what I mean? 

860
00:45:19,240 --> 00:45:21,560
I think the issue about friend 
tech was the probably the right 

861
00:45:21,560 --> 00:45:24,840
token style, but just the wrong 
product because no one was using

862
00:45:24,840 --> 00:45:28,200
it. 
And does anyone still I I mean 

863
00:45:28,200 --> 00:45:30,960
some people there's like a core 
users so use it, But let's be 

864
00:45:30,960 --> 00:45:33,360
honest, everyone was just in it.
For I would be shocked if they 

865
00:45:33,360 --> 00:45:36,960
have over like 200 daily active 
users that are real. 

866
00:45:37,240 --> 00:45:41,600
Right, exactly. 
So we need, we need an app which

867
00:45:41,600 --> 00:45:45,800
people actually are using in 
crypto and an affair token 

868
00:45:45,800 --> 00:45:47,200
distribution. 
And that can do really, really 

869
00:45:47,200 --> 00:45:48,400
well. 
I'm trying to think if there's 

870
00:45:48,400 --> 00:45:50,960
been one like that recently. 
I I guess Jupiter? 

871
00:45:51,320 --> 00:45:52,320
Has Jupiter? 
Well, you. 

872
00:45:52,880 --> 00:45:57,880
Took 90 has that performed 90% 
of other coins because it didn't

873
00:45:57,880 --> 00:46:02,000
really have VCs and they, they 
agreed to burn 30% of their own 

874
00:46:02,000 --> 00:46:04,680
like team supply, right? 
Like they've really tried to cut

875
00:46:04,680 --> 00:46:05,960
that. 
So I'd say Jupiter's probably 

876
00:46:05,960 --> 00:46:08,880
been what like the most 
successful app with the best 

877
00:46:08,960 --> 00:46:12,120
distribution recently? 
I agree, actually, I'm I'm I'm 

878
00:46:12,120 --> 00:46:14,520
really a fan of and every every 
time I hear you speak of GLP, of

879
00:46:14,520 --> 00:46:17,080
course, like I'm a fan of how 
they've done things so far. 

880
00:46:17,240 --> 00:46:19,240
Like I think meow is generally 
trying to do things right. 

881
00:46:19,480 --> 00:46:22,240
Like at first it was dunked on 
that first day, remember, But 

882
00:46:23,080 --> 00:46:24,720
but I think it's someone that's 
trying to do it right. 

883
00:46:24,720 --> 00:46:26,360
Anyway, that's just something I 
scratched my head about. 

884
00:46:26,360 --> 00:46:28,600
Figured I'd ask you guys because
Lydia had this conversation this

885
00:46:28,600 --> 00:46:31,080
morning and I was like, how do 
you build something that's like 

886
00:46:31,120 --> 00:46:33,800
right in between the two where 
it's like it works for one side,

887
00:46:33,800 --> 00:46:36,680
it works for the other side, but
the polar extremes were like, 

888
00:46:36,680 --> 00:46:38,440
whoa, neither really work right 
now. 

889
00:46:38,440 --> 00:46:42,440
The people don't want that 
fucking unlock shit, but at the 

890
00:46:42,440 --> 00:46:44,280
same time it does help. 
I don't know, I just think about

891
00:46:44,280 --> 00:46:48,840
this all time. 
Jupiter has the same market cap 

892
00:46:48,840 --> 00:46:51,200
as Uniswap. 
Yeah, it's kind of, but it's 

893
00:46:51,200 --> 00:46:53,760
doing numbers, dude. 
It's being used the job. 

894
00:46:53,800 --> 00:46:55,320
Like if honestly, this guy's the
goat. 

895
00:46:55,360 --> 00:46:57,680
Like this cycle look at, look 
at, it's not even that bad. 

896
00:46:57,680 --> 00:47:00,360
When you look at it now, it was 
the price that it's $0.74. 

897
00:47:00,360 --> 00:47:02,960
It doesn't even look bad. 
You know, 7/7 and 1/2 billion. 

898
00:47:02,960 --> 00:47:05,600
Yeah, no. 
It doesn't look bad at all.

