1 00:00:00,360 --> 00:00:03,800 Yo-yo, what up? What up? 2 00:00:05,000 --> 00:00:16,960 Good morning, Good morning. GMG Tuesday, right? 3 00:00:18,600 --> 00:00:20,240 Tuesday, Tuesday. Yes. 4 00:00:20,240 --> 00:00:24,520 Tuesday. Tuesday, Tuesday March 5th, 5 00:00:24,760 --> 00:00:27,120 2024. Look at that. 6 00:00:27,440 --> 00:00:30,040 Another beautiful day to have a beautiful day. 7 00:00:30,400 --> 00:00:33,240 Another attempt. Another day another attempt to 8 00:00:33,720 --> 00:00:36,720 hitting all time highs on Bitcoin. 9 00:00:36,920 --> 00:00:40,200 It's going to happen lads. And it's it's last seas right. 10 00:00:40,440 --> 00:00:41,800 Last seas. Female of lads. 11 00:00:41,800 --> 00:00:43,320 It's last. I know it's last but I don't 12 00:00:43,320 --> 00:00:45,880 know in plural if it's last. Seas or lasses anyways. 13 00:00:46,120 --> 00:00:47,720 We'll figure it out. Lasses. 14 00:00:48,200 --> 00:00:51,920 Lasses it's we're close to hitting all time Highs lads and 15 00:00:51,920 --> 00:00:54,160 lassies. We're going to get there. 16 00:00:54,600 --> 00:00:58,520 We're get there. The question is when. 17 00:00:59,920 --> 00:01:02,160 And the answer is I have no fucking clue. 18 00:01:03,000 --> 00:01:06,400 But it's it's it's definitely going to to happen at some 19 00:01:06,400 --> 00:01:07,920 point. I got my Co host in the house. 20 00:01:08,960 --> 00:01:11,680 OSF Mando, how are you doing today? 21 00:01:13,400 --> 00:01:18,680 Good another day, another day in in crypto. 22 00:01:19,440 --> 00:01:25,680 Another day for me in new paradise, didn't that didn't 23 00:01:25,680 --> 00:01:27,160 mean to be like a big segment for me. 24 00:01:27,160 --> 00:01:29,040 It was just it just came to my head as you were saying it. 25 00:01:29,480 --> 00:01:33,080 Yeah, everyone just went quiet. Yeah, kind of weirdly quiet. 26 00:01:33,640 --> 00:01:36,120 It's a fucking great day. Come on, that sounds a bit more 27 00:01:36,120 --> 00:01:40,160 like energy to it, OSA, No? Forget Ovi bro. 28 00:01:40,280 --> 00:01:43,400 Forget Ovi. 0 energy. Zero energy. 29 00:01:43,400 --> 00:01:45,880 I don't know what I walked in on the last chat, but Ben was 30 00:01:45,880 --> 00:01:48,960 playing a like. Benny was playing a ukulele. 31 00:01:49,480 --> 00:01:51,920 I know it's a word I was like. Yesterday. 32 00:01:52,200 --> 00:01:54,080 What happened? Like go on. 33 00:01:54,640 --> 00:01:57,080 Because you don't, you don't have to, you don't have to 34 00:01:57,080 --> 00:01:59,880 understand things at all times. You know, it's one of those 35 00:01:59,880 --> 00:02:02,120 things, Sims. If you think I'm letting you up 36 00:02:02,120 --> 00:02:04,720 on stage with that PFP bro, you got to change back to that red 37 00:02:04,720 --> 00:02:07,760 guy. But he's laughing in the studio. 38 00:02:08,160 --> 00:02:11,520 You guys should see Sims as PFP on on on Twitter spaces anyways 39 00:02:11,720 --> 00:02:13,280 yesterday. I don't know man. 40 00:02:13,280 --> 00:02:16,720 You know your boy OV every time he sells he like goes full 41 00:02:16,720 --> 00:02:19,520 bearish on me and you're not there to start the show with me 42 00:02:19,520 --> 00:02:21,440 on the market. You're the only person with me 43 00:02:21,440 --> 00:02:24,320 that's like fully, like over leveraged fucking trading the 44 00:02:24,320 --> 00:02:28,160 market, going bananas over selves and gets all complacent 45 00:02:29,280 --> 00:02:35,440 and he's fighting. I managed to convince him to 46 00:02:35,440 --> 00:02:37,640 settle into Solana at least. And then? 47 00:02:39,360 --> 00:02:40,960 And. Then I'm the only, I mean the 48 00:02:40,960 --> 00:02:42,480 only book. Like, honestly, yesterday the 49 00:02:42,480 --> 00:02:44,680 situation was like, OV sold a lot over the weekend. 50 00:02:44,680 --> 00:02:48,280 He came in like really comfy, cozy fucking, putting 20 tweets 51 00:02:48,280 --> 00:02:49,840 out telling people to be careful though. 52 00:02:49,840 --> 00:02:51,840 He's a full bull by the way. Like, OV's not very much like a 53 00:02:51,880 --> 00:02:53,720 full bone bull. We're just different types of 54 00:02:53,720 --> 00:02:55,080 bulls. I'm the bull with the bigger 55 00:02:55,080 --> 00:02:56,640 horns, but he's the bull with the bigger balls. 56 00:02:56,640 --> 00:02:57,920 You're. A frontline soldier, man, You're 57 00:02:57,920 --> 00:03:00,160 a frontline soldier. Yeah, I'm a frontline soldier. 58 00:03:00,200 --> 00:03:01,080 And he's like, you know what I mean? 59 00:03:01,080 --> 00:03:02,960 Like, he's like back line now. Chilling. 60 00:03:03,000 --> 00:03:06,800 Made his millions and then you know that's how what happened? 61 00:03:06,800 --> 00:03:10,520 So Benny came on because we told Benny that OV bought the alien. 62 00:03:11,160 --> 00:03:13,640 So I thought it was funny to send Benny the stream yard lane 63 00:03:13,640 --> 00:03:16,360 because he genuinely thought it will be bought the alien and 64 00:03:16,360 --> 00:03:17,760 yeah that's what you walked in on yesterday. 65 00:03:17,760 --> 00:03:20,520 So hopefully today we're going to be able to deliver a better 66 00:03:20,520 --> 00:03:24,480 market report for our listeners. So today on the show, today, 67 00:03:24,480 --> 00:03:26,920 today market report, as usual Bitcoin nearing all time highs. 68 00:03:26,920 --> 00:03:29,600 Last night didn't want to work nearly all time highs. 69 00:03:29,600 --> 00:03:33,880 Literally today didn't work. Wow, Solana just fucking sent 70 00:03:33,880 --> 00:03:35,840 through. Yes, quite a bit of rejection, 71 00:03:35,920 --> 00:03:38,760 but Solana is now sending finally. 72 00:03:38,760 --> 00:03:40,480 The dogs also went crazy yesterday. 73 00:03:41,000 --> 00:03:42,760 Please tell me. Did you do it? 74 00:03:43,800 --> 00:03:47,840 Did you I just the the liquidity is not there for me to just 75 00:03:48,320 --> 00:03:50,160 swing around. You'll understand. 76 00:03:50,160 --> 00:03:52,760 It's a different I'm trying not to try and do people a favour, 77 00:03:52,760 --> 00:03:53,680 not try and destroy. Childhood. 78 00:03:53,720 --> 00:03:54,760 You know what it is. You know what it is. 79 00:03:54,760 --> 00:03:56,440 And what's crazy is that. Good guy. 80 00:03:56,440 --> 00:03:58,200 You're a good guy, Greg. And I'm a scumbag. 81 00:03:58,200 --> 00:04:00,640 Steve, anyone know that quote? Yeah. 82 00:04:01,520 --> 00:04:03,840 I don't. And one of my like redacted 83 00:04:03,840 --> 00:04:09,000 Robert. Anyways, let's just do that. 84 00:04:09,000 --> 00:04:10,680 Good guy. Greg, Scumbag, Steve and 85 00:04:10,680 --> 00:04:16,040 Redacted, Robert. I mean, that's pretty accurate, 86 00:04:16,040 --> 00:04:20,680 right. Anyways, so, so that's going on. 87 00:04:20,839 --> 00:04:24,240 We're going to talk about NFTS. We're going to talk about Doge 88 00:04:24,240 --> 00:04:27,120 and Shiba because she pretty much almost flipped Doge 89 00:04:27,120 --> 00:04:28,240 yesterday, which I had no idea about. 90 00:04:28,240 --> 00:04:29,520 I haven't been keeping up on that. 91 00:04:29,760 --> 00:04:33,480 I just know I went so long Doge that my boy had to lend me some 92 00:04:33,480 --> 00:04:37,520 money. And then and then. 93 00:04:38,280 --> 00:04:41,520 He is down on the trade. We are definitely down on the 94 00:04:41,520 --> 00:04:45,200 trade, right? Yeah, I'll come back. 95 00:04:45,440 --> 00:04:47,480 Actually, you know what for? I got you a better entry. 96 00:04:47,640 --> 00:04:49,520 I got you a better entry. Of course you did. 97 00:04:50,040 --> 00:04:51,760 You're my boy. But I got crazy entries the 98 00:04:51,760 --> 00:04:53,920 other night too, so that. Don't keep that in mind. 99 00:04:54,240 --> 00:04:56,800 It's not bad. Anyways, there's that. 100 00:04:56,800 --> 00:04:59,400 And then, you know, and I mean ordinals flew yesterday. 101 00:04:59,400 --> 00:05:01,920 Quantum cats, a bunch of stuff. Ovis releasing PD5. 102 00:05:02,280 --> 00:05:05,040 Why is that a topic? And then I'm just kidding, but 103 00:05:05,040 --> 00:05:06,680 it is genuinely a topic. I can't wait. 104 00:05:06,680 --> 00:05:08,400 I actually I need to see how many I get to Mint. 105 00:05:08,400 --> 00:05:10,920 I need to go check on that. I have a few selfish questions 106 00:05:10,920 --> 00:05:13,080 to ask you about that. So I'm glad Sims added that. 107 00:05:13,880 --> 00:05:17,200 And then more large NFT sales and a bunch of stuff going on 108 00:05:17,200 --> 00:05:20,160 like you know both Lonitis teasing the ordinals project 109 00:05:20,160 --> 00:05:23,720 Cyber Kong's move to running, et cetera, et cetera, et cetera. 110 00:05:23,720 --> 00:05:26,520 So anyways anyways anyways anyways that for oh also. 111 00:05:26,920 --> 00:05:29,680 Also it is Tuesday. I just spent another half an 112 00:05:29,680 --> 00:05:31,120 hour before the show doing the loot boxes. 113 00:05:31,200 --> 00:05:33,840 Can you guys do me a favor stop sweeping the red guy and the rug 114 00:05:33,840 --> 00:05:35,960 radio floors for like a week and Penguins. 115 00:05:36,400 --> 00:05:40,640 So like I just can stop like having to re add the loot boxes 116 00:05:40,920 --> 00:05:42,520 every time. It's crazy guys. 117 00:05:42,560 --> 00:05:44,400 I had to redo the whole loot box again this morning. 118 00:05:45,000 --> 00:05:47,320 Left. Floor it keeps on keeps on 119 00:05:47,320 --> 00:05:49,520 flirting with one heap and then it keeps on floating. 120 00:05:49,560 --> 00:05:51,480 One heap 0.7. Yeah. 121 00:05:51,520 --> 00:05:53,800 If somebody comes in and just fucking destroys it every so 122 00:05:53,800 --> 00:05:54,920 often. I know. 123 00:05:54,960 --> 00:05:56,320 It's so funny. I love that, right? 124 00:05:56,320 --> 00:05:58,720 Isn't that the like the definition, the pure definition 125 00:05:58,720 --> 00:06:00,000 being Red guy? So it's perfect. 126 00:06:00,400 --> 00:06:02,000 It's it fits the lower perfectly. 127 00:06:02,000 --> 00:06:03,440 So we're going to get 2 loot box pins today. 128 00:06:03,440 --> 00:06:06,480 That's and lastly, so there's two $5000 loot box pins at the 129 00:06:06,480 --> 00:06:08,560 end of the show. So stay here at the top. 130 00:06:08,560 --> 00:06:11,440 It's been the first pieces. Link, retweet it, share it, 131 00:06:11,440 --> 00:06:13,920 follow for more. Hour follow Robit and let's 132 00:06:13,920 --> 00:06:15,920 fucking go. Let's get this party started. 133 00:06:26,680 --> 00:06:29,200 Can you dig it? Right GM everyone, sorry I was 134 00:06:29,200 --> 00:06:32,280 not here yesterday, but yeah, we are in a Raging Bull market 135 00:06:32,280 --> 00:06:34,560 again. What has been going on over the 136 00:06:34,560 --> 00:06:37,600 last 24 hours? Firstly Bitcoin just just dipped 137 00:06:37,600 --> 00:06:41,440 from its all time high. Briefly touched there and got 138 00:06:41,440 --> 00:06:43,960 close to there even last night and whipped all the way down to 139 00:06:43,960 --> 00:06:48,680 like 65 Ki think 66 K now we went back up again. 140 00:06:48,680 --> 00:06:52,760 We've whipped, we've whipped down to 6768 K now seemed to 141 00:06:52,760 --> 00:06:55,840 having a third attempt at it. We had another 5, 100 million 142 00:06:56,160 --> 00:07:00,120 going into the ETFs yesterday. Interesting. 143 00:07:00,120 --> 00:07:03,640 There's been a lot of rumours in the Bitcoin community about 144 00:07:03,680 --> 00:07:06,320 Qatar buying as well. Remember this was a rumour that 145 00:07:06,320 --> 00:07:10,480 happened back in the summer of last year or autumn of last 146 00:07:10,480 --> 00:07:11,720 year. They were going to buy, buying. 147 00:07:12,240 --> 00:07:14,080 There's a lot of rumours that they are now buying. 148 00:07:14,440 --> 00:07:17,440 That would be a huge buyer, buy and hold sort of buyer. 149 00:07:17,440 --> 00:07:20,320 I think that the Qatari investment fund is about 500 150 00:07:20,320 --> 00:07:22,560 billion. So if they're getting involved 151 00:07:22,560 --> 00:07:24,920 as well, that would be another huge incremental buyer coming in 152 00:07:26,600 --> 00:07:28,800 other forms of demand. Micro strategies, raising some 153 00:07:28,800 --> 00:07:31,840 more money to buy for more Bitcoin, black box, biggest, 154 00:07:32,040 --> 00:07:36,160 biggest fund. Complacent. 155 00:07:37,920 --> 00:07:38,880 There's one guy who's complaining. 156 00:07:38,880 --> 00:07:40,040 It's Michael Saylor. I'll give you that. 157 00:07:44,040 --> 00:07:46,280 BlackRock is buying it in its biggest fund. 158 00:07:46,280 --> 00:07:50,400 Which is the. Strategic Opportunities Fund and 159 00:07:50,440 --> 00:07:53,240 yeah just just generally huge amounts of buying at the same 160 00:07:53,240 --> 00:07:54,760 time. This has been matched with 161 00:07:54,800 --> 00:07:59,600 pretty excessive risk taking technical indicators flashing 162 00:07:59,600 --> 00:08:03,040 we're at now at extreme greed of 90 on the fear and greed index. 163 00:08:03,040 --> 00:08:07,000 We've we have been here before. We were here in 20, I think it 164 00:08:07,000 --> 00:08:11,720 was 2019 for a couple of days and then 2021 for a few months. 165 00:08:13,000 --> 00:08:15,200 So you can decide which one of those it is. 166 00:08:15,200 --> 00:08:16,720 My personal view on this fear and greed. 167 00:08:16,720 --> 00:08:20,760 Index, RST, Index is what I've been saying ever since the ETFs 168 00:08:21,000 --> 00:08:23,880 were started really wearing up when we're at 40K. 169 00:08:24,400 --> 00:08:27,080 Do not look at this stuff like yes, you can see we're over 170 00:08:27,080 --> 00:08:31,040 extended, look at flows, look at flows like we are gonna keep on 171 00:08:31,360 --> 00:08:36,000 looking overboard if the ETF is buying 500 million and yeah we 172 00:08:36,000 --> 00:08:37,919 can get some nasty Wicks. Look at flows and look at 173 00:08:37,919 --> 00:08:40,559 leverage. Now leverage has picked up in 174 00:08:40,559 --> 00:08:43,039 the last 24 hours, funding went particularly high. 175 00:08:43,039 --> 00:08:45,080 We've had a couple of of flashes. 176 00:08:45,200 --> 00:08:48,880 Just again today it's 500 million of liquidations already 177 00:08:48,880 --> 00:08:50,960 in the last 24 hours, 510 million. 178 00:08:50,960 --> 00:08:55,160 It looks like as Bitcoin is now dipped back to 67 K, so huge 179 00:08:55,160 --> 00:08:57,200 liquidations happening and then you tend to get this funding 180 00:08:57,200 --> 00:09:00,880 reset and then we go again. So I think expect to see that 181 00:09:00,880 --> 00:09:04,080 that's very, very similar to what we saw in 2021, very, very 182 00:09:04,080 --> 00:09:09,400 similar and then everything just absolutely gapped for basically 183 00:09:09,400 --> 00:09:10,640 the rest of the year kept on going higher. 184 00:09:10,920 --> 00:09:13,960 So I think that's the market I feel that we're in. 185 00:09:15,200 --> 00:09:19,640 It feels more like a a market where a lot of technicals might 186 00:09:19,640 --> 00:09:21,960 seem overbought but they you can still buy it. 187 00:09:22,040 --> 00:09:26,320 In terms of the themes happening obviously memes have probably 188 00:09:26,320 --> 00:09:29,200 they've they're still very strong as a theme at least the 189 00:09:29,200 --> 00:09:33,720 main 2 with with some of the older memes starting to pick up 190 00:09:33,720 --> 00:09:37,680 Shib is now about $25 billion market cap same as Doge. 191 00:09:37,680 --> 00:09:41,520 So ship nearly flipped Doge yesterday it's still only about 192 00:09:41,520 --> 00:09:45,000 10% apart from each other which is which is kind of wild I don't 193 00:09:45,000 --> 00:09:47,640 think many people expected to see that or I I definitely 194 00:09:47,640 --> 00:09:49,920 didn't. Ship has built like a whole TVL 195 00:09:49,920 --> 00:09:51,680 around it. Like it has this whole. 196 00:09:52,360 --> 00:09:54,720 Right. Yeah, it has a whole D5 197 00:09:54,720 --> 00:09:56,480 ecosystem. So there's been some talk go, 198 00:09:56,480 --> 00:09:57,880 you know, this is this makes sense. 199 00:09:58,280 --> 00:10:00,560 At the same time, I definitely would not have expected that. 200 00:10:02,080 --> 00:10:06,440 And in terms of the newer memes, you saw Bonk go above 3 billion 201 00:10:06,440 --> 00:10:09,840 briefly FTV and then come back down. 202 00:10:10,120 --> 00:10:13,840 You saw with got a listing. I think it was a listing that 203 00:10:13,840 --> 00:10:15,560 people, a lot of people are expecting. 204 00:10:15,560 --> 00:10:16,760 So it's gone slightly lower today. 205 00:10:16,760 --> 00:10:18,920 I think that's what, you know, we were just talking about now 206 00:10:18,920 --> 00:10:21,320 I. Think that was that was that was 207 00:10:21,320 --> 00:10:23,160 I know what I mean but it was Preston right? 208 00:10:23,600 --> 00:10:26,240 I mean, I think, I think it was very much expected. 209 00:10:26,400 --> 00:10:30,120 I personally think that this whole move, basically moving all 210 00:10:30,240 --> 00:10:34,240 all, all coins was probably in anticipation of that even 211 00:10:34,240 --> 00:10:35,640 happening. I would be very unsurprised if 212 00:10:35,640 --> 00:10:38,320 some people in the know there was some massive buys if you 213 00:10:38,320 --> 00:10:43,480 remember in with in with like down towards the lows and then 214 00:10:43,480 --> 00:10:46,400 it started getting moving. So I think exchange listings 215 00:10:46,440 --> 00:10:49,680 always means positive price momentum for meme coins. 216 00:10:49,760 --> 00:10:52,560 You know like that is one of the main reasons to buy meme coins 217 00:10:52,560 --> 00:10:54,960 is like and if you've ever been in a meme coin chat, it's always 218 00:10:54,960 --> 00:10:57,760 like when can we get a listing when can we get a market maker 219 00:10:57,920 --> 00:11:02,080 when can we get it like any listing and with is kind of 220 00:11:02,080 --> 00:11:04,640 completed the set. Now there's there's only six 221 00:11:04,640 --> 00:11:08,400 memes ever been listed on by Nets like it's not it's you do 222 00:11:08,400 --> 00:11:11,160 not get that many listings of Tier 1 exchanges. 223 00:11:11,680 --> 00:11:15,600 So with with completing the set, I just think it kind of it's 224 00:11:15,600 --> 00:11:17,160 just kind of dampened down a little bit. 225 00:11:17,160 --> 00:11:22,120 Myro, which is the other big meme on Solana I think is is 226 00:11:22,120 --> 00:11:24,280 being listed for future. So now people are playing that 227 00:11:24,280 --> 00:11:26,680 one a little bit, you know maybe, but that one gets a spot 228 00:11:26,680 --> 00:11:31,280 listing interestingly, yeah these are both all the all the 229 00:11:31,280 --> 00:11:34,640 memes being listed, right. Bonk was the last one then it's 230 00:11:34,640 --> 00:11:37,760 now with and now it looks like it could even be Myro in the 231 00:11:37,760 --> 00:11:39,880 future like because it's all happening on Solana. 232 00:11:39,880 --> 00:11:42,760 So I put that tweet this morning just being like, look, there's 233 00:11:42,760 --> 00:11:45,080 no way that you can't see the salon as the casino. 234 00:11:45,080 --> 00:11:46,520 Everything's happening on it this cycle. 235 00:11:46,520 --> 00:11:48,600 Like it's the most active right now for D5. 236 00:11:48,600 --> 00:11:51,640 It's the most active decks. Sorry, it's the most active for 237 00:11:51,640 --> 00:11:57,040 NFTNFT volumes. Magic Eden is smashing that and 238 00:11:57,040 --> 00:12:01,000 it's and it's the most active for it's, it's the most active 239 00:12:01,000 --> 00:12:03,440 of meme coins as well. So it's really catching like 240 00:12:03,440 --> 00:12:06,280 some of the biggest utility plays of blockchain at the 241 00:12:06,280 --> 00:12:10,440 moment. And yeah, Ben Solana, which had 242 00:12:10,440 --> 00:12:13,080 been underperforming for a while, has started to move as 243 00:12:13,080 --> 00:12:15,400 the show has gone on. I'm just looking at where it is 244 00:12:15,400 --> 00:12:16,920 now. Solana. 245 00:12:17,320 --> 00:12:20,040 Is 143 now so? It's. 246 00:12:20,600 --> 00:12:22,480 Really broken out of a little range there. 247 00:12:22,920 --> 00:12:26,640 There was some talk again about the FTX estate having to sell 248 00:12:26,640 --> 00:12:32,000 some and that that has seemingly potentially even cleared. 249 00:12:32,000 --> 00:12:34,560 I don't, I don't know. This was, this was the 250 00:12:34,560 --> 00:12:36,080 resistance point. I thought that we'd get to like 251 00:12:36,080 --> 00:12:38,120 142. So I think we'll probably stick 252 00:12:38,120 --> 00:12:39,560 around here for a little bit potentially. 253 00:12:39,560 --> 00:12:43,040 But if not, like it's clean sailing to a much higher level. 254 00:12:43,320 --> 00:12:45,160 I think this thing could, could go a lot higher. 255 00:12:45,560 --> 00:12:49,120 ETH was the outperformer before that, so ETH had been rallying 256 00:12:49,440 --> 00:12:52,800 even more than Bitcoin. So as OSF keeps tweeting out, 257 00:12:53,000 --> 00:12:58,680 we're hitting 100K, sorry, a hundred $100 increments every 258 00:12:58,680 --> 00:13:00,560 single day on ETH. That ETH chart is wild. 259 00:13:00,920 --> 00:13:04,400 Like look at that chart from the start of February. 260 00:13:04,400 --> 00:13:08,160 It has just been up only pretty much every day. 261 00:13:08,160 --> 00:13:14,440 No dip, no dip. We started at 2200 and just 262 00:13:14,440 --> 00:13:18,000 every day up, up, up, up, up. It's really starting to get a 263 00:13:18,000 --> 00:13:20,280 bit excessive recently. Like if you if you've been 264 00:13:20,280 --> 00:13:23,880 listening to Tradfi now get on the get on the the crypto train. 265 00:13:23,880 --> 00:13:26,600 A lot of them have been like, oh, you know it's going to be 266 00:13:26,640 --> 00:13:31,200 ETF next. Genza did delay the BlackRock 267 00:13:31,920 --> 00:13:34,040 decision until May. It looks like the. 268 00:13:34,640 --> 00:13:38,560 Same movies playing out again. It's similar he's asked for 269 00:13:38,560 --> 00:13:40,880 public public comments about Eve's. 270 00:13:41,680 --> 00:13:45,160 Let's see what happens it he's gearing himself either up for a 271 00:13:45,160 --> 00:13:51,360 huge fight at the last moment or he is or he's going to let it 272 00:13:51,360 --> 00:13:53,240 happen. I had haven't checked 273 00:13:53,240 --> 00:13:55,720 Polymarket, but my guess is that Gensler's not going to reject it 274 00:13:55,720 --> 00:13:56,760 last minute. He may. 275 00:13:57,000 --> 00:13:59,880 He's done that kind of in the past before or at least close to 276 00:13:59,880 --> 00:14:01,280 last minute. So maybe he does. 277 00:14:01,280 --> 00:14:03,440 But let's see, let's see what happens there. 278 00:14:03,440 --> 00:14:08,720 They they had won a a small victory in a in a lawsuit over 279 00:14:08,720 --> 00:14:11,120 the weekend where a judge basically agreed the secondary 280 00:14:11,120 --> 00:14:15,360 sale of of tokens could be deemed as securities. 281 00:14:15,360 --> 00:14:17,680 It wasn't a direct ruling, it was a it was a ruling in an 282 00:14:17,680 --> 00:14:20,760 insider trading case. But it was it's something that 283 00:14:20,760 --> 00:14:24,720 they may look to and be like oh you know this is another idea 284 00:14:24,720 --> 00:14:28,640 that you know these are all securities we're now 82% so ETH 285 00:14:28,640 --> 00:14:33,840 have been ETH have been leading and then what else have happened 286 00:14:33,840 --> 00:14:36,480 all all coins other than that had not been trading well I mean 287 00:14:36,520 --> 00:14:41,320 that's mainly because mean points and majors were taking 288 00:14:41,320 --> 00:14:44,080 the the the majority of the trading solicit the first time 289 00:14:44,080 --> 00:14:47,120 Solana has really traded well for for and I I know it's this 290 00:14:47,120 --> 00:14:48,800 is tends to be how all. Coins. 291 00:14:49,320 --> 00:14:51,920 Look at the conversation period. Here it's been a while that it's 292 00:14:51,920 --> 00:14:55,040 like not moving at all. Yeah, it tends to do this right. 293 00:14:55,040 --> 00:14:57,240 Most altcoins tend to tend to be a little bit like that. 294 00:14:57,240 --> 00:14:59,160 They can sold it for a while and then they'll just gap. 295 00:15:00,160 --> 00:15:02,720 So Solana is having that gap moment. 296 00:15:02,720 --> 00:15:05,760 It'll be interesting to see. Now if we do move to some of the 297 00:15:05,800 --> 00:15:12,360 other altcoins, obviously Bitcoin at 69 K you know, like I 298 00:15:12,360 --> 00:15:13,800 put out a tweet again about this before. 299 00:15:13,800 --> 00:15:16,080 It's like at this stage you've got to kind of think about your 300 00:15:16,080 --> 00:15:18,640 upside, downside here. So where where do we think 301 00:15:18,640 --> 00:15:20,600 bitcoins going to go in the next three months? 302 00:15:20,600 --> 00:15:31,080 Do we think it goes to 100K120K, Like 100K is a 35% move from 303 00:15:31,080 --> 00:15:33,880 here. Now like it's, it's a good 304 00:15:33,880 --> 00:15:38,120 upside, but I wouldn't say it's like an incredible upside and I 305 00:15:38,120 --> 00:15:40,200 think a lot of people start to play that a little bit. 306 00:15:40,200 --> 00:15:44,400 So ETH is still quite far down. I do think people will look at 307 00:15:44,400 --> 00:15:48,720 things like Doge they which is down like what 80% from its high 308 00:15:48,720 --> 00:15:50,960 they'll look at. And that's not because I'm in 309 00:15:50,960 --> 00:15:52,400 love with Doge. I just think people will look at 310 00:15:52,400 --> 00:15:54,240 this sort of stuff and think of their upside down side, like is 311 00:15:54,240 --> 00:15:56,040 Doge really going to go down now? 312 00:15:56,600 --> 00:16:01,040 Like 50%? Like maybe if everything tanks. 313 00:16:01,040 --> 00:16:03,320 But my guess is that with the way the meme coins are going 314 00:16:03,320 --> 00:16:05,360 that they could keep going. That's why meme coins have 315 00:16:05,360 --> 00:16:08,720 started to pick up particularly some of the OG ones and and I 316 00:16:08,720 --> 00:16:11,680 think people will look at things like Solana, like is Solana 317 00:16:11,680 --> 00:16:16,800 going to go below 100 down 40% but then it could go in my eyes 318 00:16:16,800 --> 00:16:21,800 I think it could it could go above 300 so so I feel like it's 319 00:16:21,920 --> 00:16:24,400 again like it's this these risk reward plays. 320 00:16:24,640 --> 00:16:27,240 Bitcoin is obviously going to be the least risky out of them all 321 00:16:28,200 --> 00:16:30,480 and I don't really see much downside there, but I do think 322 00:16:30,480 --> 00:16:33,880 people will push down the risk curve now a little bit more. 323 00:16:33,880 --> 00:16:38,000 Naturally ETH ETH will probably lead the market I reckon for for 324 00:16:38,000 --> 00:16:41,560 the next couple of months there. Yeah, there's it's a good 325 00:16:41,560 --> 00:16:44,440 breakdown here. Is there a world where you guys 326 00:16:44,440 --> 00:16:49,080 think like Bitcoin just like teases with all time high for a 327 00:16:49,200 --> 00:16:52,000 few months consolidated? I think it's going to keep 328 00:16:52,000 --> 00:16:55,360 going. I just, I just think it's all 329 00:16:55,360 --> 00:16:57,800 but I mean it's really it's it's it's all a game of ETF flows 330 00:16:57,800 --> 00:17:02,760 right now and you know yesterday you had $530 million inflow now 331 00:17:02,800 --> 00:17:05,839 despite GBTC still having $400 million outflow. 332 00:17:05,839 --> 00:17:10,359 So the the money coming in just it's not going to stop anytime 333 00:17:10,359 --> 00:17:12,880 soon in my opinion. And it's one of those things as 334 00:17:12,880 --> 00:17:15,760 you get higher prices and as Bitcoin hits an all time high 335 00:17:15,760 --> 00:17:18,720 and as the media reports it and all these meme coins are 336 00:17:18,720 --> 00:17:21,119 running, people are going to be like how do I get exposure to 337 00:17:21,119 --> 00:17:22,880 crypto. And we still, you know, we've 338 00:17:22,880 --> 00:17:24,760 been talking about how we haven't really truly seen the 339 00:17:24,760 --> 00:17:27,760 retail influx yet and I think we're starting to see it now 340 00:17:27,760 --> 00:17:29,960 because we're starting to. I'm starting to see stuff like 341 00:17:29,960 --> 00:17:32,920 my follow up account, you know, right Increase more quickly than 342 00:17:32,920 --> 00:17:35,360 it has done before and the number of holders of these coins 343 00:17:35,360 --> 00:17:36,680 are now becoming higher than they were before. 344 00:17:36,680 --> 00:17:38,600 So I think we're starting to see people come in. 345 00:17:38,600 --> 00:17:41,640 But really, like retail usually comes, it feels like they come 346 00:17:41,680 --> 00:17:44,120 after all time highs because that's when it gets widely 347 00:17:44,120 --> 00:17:46,200 reported and that's when people feel like they need to get 348 00:17:46,200 --> 00:17:47,720 involved. And maybe it's even after a 349 00:17:47,720 --> 00:17:49,960 little bit after all the time highs because there's always 350 00:17:49,960 --> 00:17:52,000 that feeling of like, oh, I don't want to buy all time highs 351 00:17:52,000 --> 00:17:54,560 and then it goes up another 10% and you're like oh fuck, it's 352 00:17:54,560 --> 00:17:56,400 going to keep going, isn't it? And then you come in so. 353 00:17:56,800 --> 00:17:59,360 Well, they'll buy things. They'll buy things like Solana, 354 00:17:59,360 --> 00:18:01,000 They'll buy this stuff which is still down. 355 00:18:01,000 --> 00:18:02,360 Like, I agree with that sentiment. 356 00:18:03,080 --> 00:18:05,000 I do still think that this is very different. 357 00:18:05,000 --> 00:18:07,720 This is very, very different than other times where we've 358 00:18:07,720 --> 00:18:09,960 reached all time highs, like other times we've reached all 359 00:18:09,960 --> 00:18:11,400 time highs. It's felt excessive. 360 00:18:11,520 --> 00:18:14,960 It's been like, Oh my God, it feels unbelievable. 361 00:18:15,200 --> 00:18:17,720 And everyone's just like unbelievable amounts of risk 362 00:18:17,720 --> 00:18:19,480 taking. Your barber's recommending 363 00:18:19,480 --> 00:18:21,640 random coins to you, like it just felt. 364 00:18:21,960 --> 00:18:24,720 Recommending shit yet? We're number one on the App 365 00:18:24,720 --> 00:18:26,600 Store. Like it's just it's just crazy. 366 00:18:27,000 --> 00:18:30,920 This feels like Tradfi has woken up and wants to buy 500 million 367 00:18:30,920 --> 00:18:33,280 of Bitcoin every single day. It's very, very different. 368 00:18:33,280 --> 00:18:36,600 And this, this is what I love when I hear the mainstream media 369 00:18:36,600 --> 00:18:38,800 talk about it because they just they still don't get what's 370 00:18:38,800 --> 00:18:41,120 happened. So they they seem they think 371 00:18:41,120 --> 00:18:43,320 it's like the last cycle or the cycle before that where it's 372 00:18:43,600 --> 00:18:47,360 there's no adoption. They think it's just like oh 373 00:18:47,360 --> 00:18:49,440 this hasn't happened but actually there's huge adoption 374 00:18:49,440 --> 00:18:52,640 and it's adoption by the people that run all these firms that 375 00:18:52,640 --> 00:18:54,200 you're talking about on a daily basis. 376 00:18:54,480 --> 00:18:58,840 So I think this is again going to be a misunderstood rally for 377 00:18:58,840 --> 00:19:01,440 a while. You've seen it on the way up, 378 00:19:01,560 --> 00:19:05,600 Kramer, do you remember famously all the way after the ECF launch 379 00:19:05,600 --> 00:19:07,280 was like it's going to be a down only market. 380 00:19:07,280 --> 00:19:09,720 We're going to go to 4030 twenty, like there's going to be 381 00:19:09,720 --> 00:19:12,920 no buyer. Well, Bitcoin adoption is going 382 00:19:12,920 --> 00:19:15,000 up. I've when I think about the 383 00:19:15,000 --> 00:19:18,920 flood the the like, the supply and demand the only supply is 384 00:19:19,040 --> 00:19:22,680 going to come from GBTC. In my in my opinion the 385 00:19:22,680 --> 00:19:26,040 government has got a decent clip now like a couple of billion 386 00:19:26,440 --> 00:19:28,080 that they need to sell, but it's not. 387 00:19:28,400 --> 00:19:31,440 I actually think that when that sells it's going to be a very 388 00:19:31,440 --> 00:19:34,280 bullish moment because that's the only real big supply moment 389 00:19:34,760 --> 00:19:37,800 I can even think of for for Bitcoin here. 390 00:19:37,800 --> 00:19:41,960 Like who's who's got that huge bag of Bitcoin that they need to 391 00:19:42,560 --> 00:19:45,440 need to sell like doesn't feel like a leverage has been overly 392 00:19:45,440 --> 00:19:47,440 excessive. It's not like there's some big 393 00:19:47,440 --> 00:19:51,080 hedge fund about to explode like all the exchanges have kind of 394 00:19:51,080 --> 00:19:54,400 been, you know, they've been cleaned up to a large extent. 395 00:19:54,400 --> 00:19:55,800 I'm not saying we're not going to have rugs. 396 00:19:55,800 --> 00:20:00,480 I still think just in sun is is like flying a little bit close 397 00:20:00,480 --> 00:20:07,720 to the close to the sun. But but yeah, I just, I Bitcoin 398 00:20:07,720 --> 00:20:10,360 is going higher. Yeah, it's going higher. 399 00:20:10,880 --> 00:20:12,320 Much higher. I mean look at this. 400 00:20:13,120 --> 00:20:14,880 It's the sailor stuff from yesterday, dude. 401 00:20:14,920 --> 00:20:16,600 Like it's like it's like more money. 402 00:20:16,600 --> 00:20:19,400 Like BlackRock literally announcing that they will use 403 00:20:19,400 --> 00:20:21,640 their own fund to buy more crypto. 404 00:20:21,640 --> 00:20:24,200 Did you guys see that? It was it was one of the news 405 00:20:24,200 --> 00:20:28,360 that was fine for you. I think OV and I both shared it. 406 00:20:29,040 --> 00:20:33,080 It's micro strategy announces proposed private offering of 600 407 00:20:33,080 --> 00:20:34,880 million for criminals for for more they anyways they're buying 408 00:20:34,880 --> 00:20:36,120 more crypto. But then BlackRock. 409 00:20:36,720 --> 00:20:39,760 BlackRock to buy Bitcoin ETFs through its $36 billion 410 00:20:39,760 --> 00:20:45,760 Strategic Income Opportunities Fund like it's endless inflows 411 00:20:45,760 --> 00:20:47,840 of money. And now there is the other side 412 00:20:47,840 --> 00:20:49,600 of the trade that some people could think, and that was the 413 00:20:49,600 --> 00:20:51,080 conversation I was having with Liz this morning. 414 00:20:51,080 --> 00:20:56,120 He's like, well, what if Bitcoin only pumps forever, right? 415 00:20:56,480 --> 00:20:59,720 Or at least dominance goes insane and the altcoins don't 416 00:20:59,720 --> 00:21:02,200 catch up as much? Perhaps there's a world in 417 00:21:02,200 --> 00:21:04,360 there, but I don't see a world where like Bitcoin doesn't pump 418 00:21:04,360 --> 00:21:07,560 to 100K. I had pump the big compounds on 419 00:21:07,560 --> 00:21:10,400 the K and then retail sees this and goes, wait, I want to go buy 420 00:21:10,400 --> 00:21:14,160 the coin that's like .0001 dollars because it's going to a 421 00:21:14,160 --> 00:21:15,760 dollar. Like I think people don't 422 00:21:15,760 --> 00:21:17,280 realize this. Like that's the point I was kind 423 00:21:17,280 --> 00:21:23,120 of making early this morning is like, I like I know when I feel 424 00:21:23,120 --> 00:21:26,440 fully euphoric and when I feel fully excited, I'm super 425 00:21:26,440 --> 00:21:29,080 hopefully excited. I'm super hyped. 426 00:21:29,200 --> 00:21:32,440 I love seeing Solana 2X from where I like complete converted 427 00:21:32,440 --> 00:21:36,240 there all this stuff. There is not an ounce of true 428 00:21:36,240 --> 00:21:40,720 euphoria like 2020 like 1 Euphoria and me yet like where 429 00:21:40,720 --> 00:21:43,000 I'm just like I'm the king of the world. 430 00:21:43,080 --> 00:21:44,640 I'm genius, you know what I mean? 431 00:21:44,640 --> 00:21:47,120 Like it's not. And I and I know people seems to 432 00:21:47,120 --> 00:21:49,440 think that's the next I get to. It's just me being excited. 433 00:21:49,840 --> 00:21:51,360 I look at media standpoint numbers. 434 00:21:51,360 --> 00:21:54,080 When I went into crypto in 2021, it was from literally like 435 00:21:54,080 --> 00:21:58,720 social media and everything. And I saw 8000 tweets, #tweets 436 00:21:58,720 --> 00:21:59,640 about this thing called Dogecoin. 437 00:21:59,640 --> 00:22:01,600 I was like, wait, 8000 tweets about it's going to go viral. 438 00:22:01,600 --> 00:22:04,160 Let me buy some, Bought some. That's where I'm at some money. 439 00:22:04,160 --> 00:22:06,680 Then I'm going to NFTS. That's because I have a Internet 440 00:22:06,680 --> 00:22:08,000 brain. You guys have like the big 441 00:22:08,000 --> 00:22:11,400 Barclays like trat fi, tart fi brains and stuff like this. 442 00:22:11,720 --> 00:22:15,360 I see it on the other side where it's like I'm more the retail 443 00:22:15,360 --> 00:22:17,520 content brain, media brain. And I look at this, I'm like 444 00:22:17,520 --> 00:22:21,400 dude, like, yeah, your follower count is rising OV but it's not 445 00:22:21,400 --> 00:22:24,040 really probably rising as much as it's about to. 446 00:22:25,200 --> 00:22:27,840 And like we're about to do or like when you look at Ansome, 447 00:22:27,840 --> 00:22:30,440 for example, like he's the one the forefront of the meme coin 448 00:22:30,440 --> 00:22:33,000 mania right now. This year, right there is going 449 00:22:33,000 --> 00:22:35,800 to be a point where you open Instagram and all your friends 450 00:22:35,800 --> 00:22:38,400 that literally laughed at you are going to be sharing a new 451 00:22:38,400 --> 00:22:40,120 shit coin every day. We're not there yet. 452 00:22:40,120 --> 00:22:41,760 I open Instagram. There was two friends of mine 453 00:22:41,760 --> 00:22:43,160 that shared shit coins. Not friends. 454 00:22:43,160 --> 00:22:46,840 Like, like like people that like like I follow on there that I'd 455 00:22:46,840 --> 00:22:48,440 like keep up with here and there. 456 00:22:49,040 --> 00:22:53,160 I haven't gotten single messages from UTA or CAA or WME to host a 457 00:22:53,160 --> 00:22:55,240 celebrity. Like do you guys understand? 458 00:22:55,240 --> 00:22:57,960 Like in 2021, I have hosted every single name you can 459 00:22:57,960 --> 00:23:00,360 imagine on the surface of Earth, whether artists in Web Three or 460 00:23:00,360 --> 00:23:03,480 celebrity, there isn't a single one of them that has come back 461 00:23:03,480 --> 00:23:05,000 yet. I'm not even making this up. 462 00:23:05,000 --> 00:23:06,280 It's not even a knock on the agencies. 463 00:23:06,760 --> 00:23:09,560 Maybe they're more scared after the FTX, the Tom Brady, Sam 464 00:23:09,560 --> 00:23:11,480 Bankman freed stuff, so they're more cautious. 465 00:23:12,000 --> 00:23:15,880 But like, we have not like like, dude, Paris Hilton hasn't 466 00:23:15,880 --> 00:23:17,880 dropped in ordinals yet. Do you understand? 467 00:23:18,200 --> 00:23:21,280 Like, let's just be honest, like this is like when I see like the 468 00:23:21,280 --> 00:23:25,040 NFT page I was launching like 20 million rugs per day or all 469 00:23:25,040 --> 00:23:26,160 these things like, it's not there. 470 00:23:26,360 --> 00:23:28,320 Like ether NFT projects aren't even selling out right now. 471 00:23:29,280 --> 00:23:32,320 Like they're struggling like, so it's like I look at all this and 472 00:23:32,320 --> 00:23:34,680 I'm like, damn, like I'm not doing 50 million impressions a 473 00:23:34,680 --> 00:23:37,920 month yet and I know I'm about to like decrypt is not getting 474 00:23:37,920 --> 00:23:39,920 like 2 million page visits today yet. 475 00:23:39,920 --> 00:23:41,480 It's going to like, you know what I mean? 476 00:23:41,480 --> 00:23:43,760 It's like, it's like I look at these numbers from the media 477 00:23:43,760 --> 00:23:46,320 standpoint because I know you guys are more like the like the 478 00:23:46,480 --> 00:23:48,400 the trading standpoint. It's not, which is probably why 479 00:23:48,400 --> 00:23:51,000 you're always going to make more money than me trading 10 times 480 00:23:51,000 --> 00:23:52,880 out of 10. And in a bull market, in a bear 481 00:23:52,880 --> 00:23:55,760 market, my thesis is not hold battle in the bear market. 482 00:23:55,760 --> 00:23:57,560 That's where I get wrecked the most 'cause I chase, chase, 483 00:23:57,560 --> 00:23:59,800 chase, chase get wrecked. But a bull market like an up 484 00:23:59,800 --> 00:24:03,320 only market where like it's all about attention and retail. 485 00:24:03,440 --> 00:24:05,960 So if you care about retail and the whole name study retail then 486 00:24:05,960 --> 00:24:07,960 study's for real. Like retail is not really 487 00:24:07,960 --> 00:24:10,560 entered yet. Like honestly that's what I 488 00:24:10,560 --> 00:24:12,880 think it has entered. There's been a paradigm shift, 489 00:24:12,880 --> 00:24:14,640 hence why Dogecoin went to $0.20 last night. 490 00:24:14,920 --> 00:24:16,960 Washiba is fucking flipping Dogecoin right now. 491 00:24:18,200 --> 00:24:21,200 You know, you saw that famous Tiktok girl saying, oh, I bought 492 00:24:21,280 --> 00:24:23,240 X amount of Toshiba. If it hits a dollar, I'm making 493 00:24:23,240 --> 00:24:25,720 $1,000,000. Like those are things I need to 494 00:24:25,720 --> 00:24:30,000 look at. But I don't know from my content 495 00:24:30,000 --> 00:24:33,840 brain, social media standpoint, I'm, I'm, I'm, I'm, I'm not near 496 00:24:33,840 --> 00:24:37,120 where I, I I I am considering even selling a dollar worth of 497 00:24:37,120 --> 00:24:41,040 any of my tokens. So I think just going back to 498 00:24:41,040 --> 00:24:43,520 the original point about what Wiz said, I think he he has a 499 00:24:43,520 --> 00:24:46,160 fairpoint like we've set it all the way up. 500 00:24:46,640 --> 00:24:50,320 Bitcoin dominance seems to even in this bull market it's kind of 501 00:24:50,320 --> 00:24:52,560 stayed pretty strong. Like normally you would see 502 00:24:52,560 --> 00:24:56,080 Bitcoin dominance start to fall as it approached all time high 503 00:24:56,080 --> 00:24:57,880 and it hasn't. In fact it's kind of gone the 504 00:24:57,880 --> 00:25:00,400 opposite way at several times and some days it just feels like 505 00:25:00,400 --> 00:25:04,920 Bitcoin's the only thing to buy. I I don't expect that to change. 506 00:25:04,920 --> 00:25:07,360 I don't think Bitcoin dominance is actually going to go below, 507 00:25:07,400 --> 00:25:13,080 much below if at all below 50%. That makes sense. 508 00:25:13,200 --> 00:25:15,840 Bitcoin dominance stays very, very strong throughout the 509 00:25:15,840 --> 00:25:17,480 cycle. Maybe only towards the very, 510 00:25:17,480 --> 00:25:21,480 very end of the cycle or if the ETF absolutely knocks it out the 511 00:25:21,480 --> 00:25:24,400 park, which I'm kind of in two minds of. 512 00:25:24,400 --> 00:25:27,640 There's a lot of. If you see Eric Balkunis on on 513 00:25:27,640 --> 00:25:30,400 on Twitter at the moment, he seems to be talking it down 514 00:25:30,400 --> 00:25:34,600 quite a lot. But I do think that Bitcoin 515 00:25:34,600 --> 00:25:38,360 dominance is probably going to stay strong even as and you can 516 00:25:38,360 --> 00:25:40,080 be, you can get wrecked in these alt coins. 517 00:25:40,080 --> 00:25:42,640 Like if you remember 2021, a lot of people are playing alt coins. 518 00:25:42,640 --> 00:25:45,200 I think that's where a lot of people's bags are expecting it 519 00:25:45,200 --> 00:25:47,480 to rotate. And I think it will still be a 520 00:25:47,480 --> 00:25:52,320 little bit of a painful, a painful period here, that's 521 00:25:52,360 --> 00:25:53,720 what. Everyone's sidelined Bitcoin, 522 00:25:53,720 --> 00:25:55,640 that's for sure. Like. 523 00:25:56,920 --> 00:26:00,120 Yeah, I mean some people are, I mean obviously there's there's 524 00:26:00,120 --> 00:26:02,680 obviously the Maxis, but yeah, it's it's off if you it's 525 00:26:02,680 --> 00:26:04,760 difficult to be here every single day and not be interested 526 00:26:04,760 --> 00:26:08,120 by the other alt coins, like not be interested by certain things 527 00:26:08,120 --> 00:26:10,280 happening. Because, you know, if you just 528 00:26:10,280 --> 00:26:12,440 own Bitcoin, it's kind of a bit of a stable asset and it doesn't 529 00:26:12,440 --> 00:26:14,920 really do much apart from like a payment system where a lot of 530 00:26:14,920 --> 00:26:17,720 the other other things happening here about ecosystem. 531 00:26:17,800 --> 00:26:19,840 What does Michael do for society? 532 00:26:21,000 --> 00:26:23,280 I think I would. I would take the other side of 533 00:26:23,280 --> 00:26:25,080 that. I do think Bitcoin dominance 534 00:26:25,080 --> 00:26:29,400 will drop below 50% this year. I think it's going to be around 535 00:26:29,400 --> 00:26:34,920 the ETF and after it, but I just think I still believe in the 536 00:26:34,920 --> 00:26:37,920 theory of cycles and the theory of like capital flowing from 537 00:26:38,080 --> 00:26:40,600 from less risky to more risky things and the theory of like 538 00:26:40,600 --> 00:26:44,360 high beta things outperforming. And we're just in this mode 539 00:26:44,360 --> 00:26:46,440 right now where Bitcoin is the thing that's leading everything. 540 00:26:47,280 --> 00:26:49,400 And yes, that's because of the BTCETF. 541 00:26:49,400 --> 00:26:52,640 But remember, like just as the Bitcoin ETF is buying stuff, it 542 00:26:52,640 --> 00:26:54,560 can also sell stuff and those flows can also turn at some 543 00:26:54,560 --> 00:26:57,680 point. And I think when you, you know, 544 00:26:57,680 --> 00:27:00,520 when you get the ETF, is there an argument to say some people 545 00:27:00,520 --> 00:27:02,360 sell the Bitcoin ETF to buy the ETF? 546 00:27:02,360 --> 00:27:04,520 You know, like that's a possible situation as well. 547 00:27:04,520 --> 00:27:08,960 Because like we're right now, we're talking about how people 548 00:27:09,080 --> 00:27:12,640 keep talking about ETC and how that could go towards 0.06 and 549 00:27:12,640 --> 00:27:15,520 higher throughout the cycle, which is a trade you would 550 00:27:15,520 --> 00:27:16,840 transact within the crypto world. 551 00:27:16,840 --> 00:27:19,880 But you can also replicate that trade in the in the real world 552 00:27:19,880 --> 00:27:22,040 by selling the Bitcoin ETF and buying the ETF. 553 00:27:22,040 --> 00:27:25,080 And that's the kind of action I think that could actually send 554 00:27:25,080 --> 00:27:28,120 Bitcoin dominance lower. And it may not be a situation 555 00:27:28,120 --> 00:27:30,560 where like just because Bitcoin is going lower, alts go lower. 556 00:27:30,560 --> 00:27:33,040 Because if ETH goes higher and Bitcoin goes lower, I think all 557 00:27:33,040 --> 00:27:35,160 the odds go higher because I think the odds trade more 558 00:27:35,160 --> 00:27:36,640 aligned with Ethan than they do with Bitcoin. 559 00:27:36,640 --> 00:27:38,920 And that's something that did happen in 2021. 560 00:27:38,920 --> 00:27:42,080 Like you had this period where Bitcoin was just flat or even 561 00:27:42,080 --> 00:27:45,080 lower and just everything else was ripping and it was like 562 00:27:45,080 --> 00:27:46,720 everyone's like RIP you know taking the piss out of Bitcoin 563 00:27:46,720 --> 00:27:49,040 Maxis and stuff. Like you had that period then 564 00:27:49,040 --> 00:27:52,200 and I think you could see that. I think it whether it how long 565 00:27:52,200 --> 00:27:56,040 it lasts, I don't really know. But I do see a world where ETF 566 00:27:56,040 --> 00:28:01,520 is approved and capital moves out of bit Bitcoin ETF to ETF. 567 00:28:01,920 --> 00:28:07,840 And in our world capital moves from Bitcoin to ETH and from ETH 568 00:28:07,840 --> 00:28:10,360 to ALT. And that's when I think you see 569 00:28:10,760 --> 00:28:12,760 Bitcoin dominance drop below 50%. 570 00:28:15,400 --> 00:28:17,680 So you're saying it would be it would be an ETF thing? 571 00:28:18,120 --> 00:28:20,560 That's what I That's what I think it will take for you. 572 00:28:20,560 --> 00:28:22,320 Need something to off what do? You think I could take that? 573 00:28:22,400 --> 00:28:25,600 Yeah, the flows to Bitcoin ETF are so insane right now. 574 00:28:25,640 --> 00:28:28,680 You can't like not that much capital is coming into crypto 575 00:28:28,680 --> 00:28:30,520 elsewhere, right? And that's all that's going just 576 00:28:30,520 --> 00:28:32,760 into Bitcoin. So you need something to offset, 577 00:28:32,840 --> 00:28:34,200 offset that. The only thing that I can't, I 578 00:28:34,200 --> 00:28:37,560 think could offset that is ETF. But whether that gets approved 579 00:28:37,560 --> 00:28:39,680 or not is another thing. You know, that's less of a dead 580 00:28:39,680 --> 00:28:42,240 cert than than Bitcoin. But man, if that does get 581 00:28:42,240 --> 00:28:44,600 approved, like shit's going to move a lot higher because I 582 00:28:44,600 --> 00:28:46,800 don't think it's priced in. I think I haven't heard one 583 00:28:46,800 --> 00:28:50,120 person say Having a single person say they're really 584 00:28:50,120 --> 00:28:52,200 confident on the ETF getting improved, I think. 585 00:28:52,200 --> 00:28:54,840 Some people are like I got. Some people are modestly 586 00:28:55,080 --> 00:28:57,200 positive on it, but no one is like 100%. 587 00:28:57,200 --> 00:28:59,320 Yes, it's happening like they were with Bitcoin, so. 588 00:28:59,800 --> 00:29:02,400 So that's that makes that's a good other side of the argument 589 00:29:02,400 --> 00:29:05,960 like hey it could go below 50% if the ETF like really get all 590 00:29:05,960 --> 00:29:08,480 that interest and like it's kind of rotates into ETF like all 591 00:29:08,480 --> 00:29:11,160 this like demand and stuff. I mean you have Larry Fink talk 592 00:29:11,160 --> 00:29:14,040 about tokenization of the entire planet on TV all the time. 593 00:29:15,000 --> 00:29:17,400 You know ETF kind of facilitates that, right? 594 00:29:17,480 --> 00:29:19,480 It's kind of like the how it how it helps. 595 00:29:19,480 --> 00:29:22,160 And like for me ETH like the most amazing technology ever 596 00:29:22,160 --> 00:29:24,280 created by my kind in terms of like it's the future of the 597 00:29:24,280 --> 00:29:26,280 Internet, like the whole blockchain tech and everything. 598 00:29:26,280 --> 00:29:28,480 So I don't know, it's just like there is a world where like 599 00:29:28,480 --> 00:29:31,640 really ETH, like you know, really goes that like all like 600 00:29:31,960 --> 00:29:34,000 ultrasound money. Speaking of ultrasound money, 601 00:29:35,080 --> 00:29:38,200 how we the burn of ETH right now is like absurd. 602 00:29:38,360 --> 00:29:42,360 I mean, when you think about it, 28,000 ETH was burnt this this 603 00:29:42,360 --> 00:29:47,720 week alone since Merge. Let me tell you all that since 604 00:29:47,720 --> 00:29:49,920 MERS, there's been 400,000 ETH burns. 605 00:29:51,240 --> 00:29:53,080 And look at the supply chart here. 606 00:29:54,240 --> 00:29:58,720 This is some, this is some very, very bullish metrics on the 607 00:29:58,720 --> 00:30:00,960 theorem here. And I think, I just think 608 00:30:00,960 --> 00:30:02,720 there's so many more like bullish narratives left. 609 00:30:02,720 --> 00:30:04,680 Like you can give me a dip in April, you can give me a dip in 610 00:30:04,680 --> 00:30:06,440 May. I don't give a fuck like I I was 611 00:30:06,440 --> 00:30:08,760 thinking about this yesterday. It's like, I don't care. 612 00:30:09,200 --> 00:30:11,160 Like it. It doesn't matter like there is 613 00:30:11,160 --> 00:30:14,400 like on Solana you have Fire dancer coming on if you have EIP 614 00:30:14,440 --> 00:30:17,440 4844 and like literally like probably ETFs that are going to 615 00:30:17,440 --> 00:30:20,320 come and bitcoin's just Bitcoin like the outflow. 616 00:30:20,320 --> 00:30:21,680 The inflows are not going to stop. 617 00:30:22,200 --> 00:30:24,200 Like they haven't stopped. Like what are OK, what are 618 00:30:24,200 --> 00:30:26,400 inflows looking like these days? Like I know we don't cover it as 619 00:30:26,400 --> 00:30:28,480 much now because like every half millions it's. 620 00:30:28,680 --> 00:30:33,080 Still big like it's it's yesterday was 530 million, last 621 00:30:33,080 --> 00:30:35,160 week was 1.6 billion. That. 622 00:30:35,880 --> 00:30:38,160 The the numbers are still the numbers are still big man like 623 00:30:38,160 --> 00:30:41,120 and they they just keep going. I wouldn't underestimate how. 624 00:30:41,400 --> 00:30:43,440 I mean if you look at projections for this year people 625 00:30:43,440 --> 00:30:47,200 are the projections are like between 40 to 80 billion of net 626 00:30:47,200 --> 00:30:51,440 inflows into Bitcoin ETF and right now we're at 9 billion I 627 00:30:51,440 --> 00:30:56,280 think just under 9 billion. So just it's it's big yeah. 628 00:30:56,280 --> 00:30:59,400 And this can change like this is the Bitcoin ETF is very much a 629 00:30:59,400 --> 00:31:02,520 macro product in my opinion and like if you have a bad payrolls 630 00:31:02,520 --> 00:31:04,680 number on Friday and then if you have big inflation number next 631 00:31:04,680 --> 00:31:07,680 week and and you know stocks are at all time highs and stocks are 632 00:31:07,680 --> 00:31:10,400 kind of a little bit they feel a little bit shaky here in in my 633 00:31:10,400 --> 00:31:13,440 opinion. So if macro sells off then you 634 00:31:13,440 --> 00:31:16,880 could see some of these Bitcoin inflows pause or you know maybe 635 00:31:16,880 --> 00:31:18,960 even go the other way because you are going to get a lot of 636 00:31:18,960 --> 00:31:21,320 cross asset enjoyers in that trade. 637 00:31:21,320 --> 00:31:24,200 So you have to keep. Yeah that's the other thing you 638 00:31:24,200 --> 00:31:26,400 have to keep in mind. Now like we on paper we should 639 00:31:26,720 --> 00:31:29,440 have more correlation to macro whether we will or not we'll see 640 00:31:29,440 --> 00:31:31,080 like we'll see in practice if that happens or not. 641 00:31:31,080 --> 00:31:33,560 But you know if you have a, if you have a big sell off in 642 00:31:33,560 --> 00:31:36,680 stocks, I do think crypto will fall with it and I think you 643 00:31:36,680 --> 00:31:39,080 will then you and then I think you'll start to see outflows and 644 00:31:39,080 --> 00:31:40,880 then I think you'll start to see even more of a crypto drop. 645 00:31:40,880 --> 00:31:44,280 So like don't forget like however aggressive this has been 646 00:31:44,280 --> 00:31:48,200 on the way up, at some point you are going to get outflows and at 647 00:31:48,200 --> 00:31:51,400 some point the the music will change until that changes again. 648 00:31:51,400 --> 00:31:54,120 And that's exactly what happens happened to us, Michael, like 649 00:31:54,120 --> 00:31:57,800 when we traded ETFs and like you know in in in high yield, like 650 00:31:57,800 --> 00:31:59,440 it was great when they were buying, but when they were 651 00:31:59,440 --> 00:32:01,600 selling, it was like pretty brutal. 652 00:32:02,360 --> 00:32:05,320 And yeah, it can sell, yeah, it goes both ways. 653 00:32:05,400 --> 00:32:07,160 Yeah, swings both ways. Yeah. 654 00:32:08,280 --> 00:32:12,280 Dude, that's it's just wild what's happening anyway, So did 655 00:32:12,280 --> 00:32:14,840 we hit or did we not hit this this all time high? 656 00:32:14,840 --> 00:32:17,640 I'm getting mixed. Like I I think we did for a 657 00:32:17,640 --> 00:32:20,480 second, right. I got. 658 00:32:21,200 --> 00:32:22,760 I missed it. No, I didn't think. 659 00:32:22,760 --> 00:32:23,520 I didn't think. We did that. 660 00:32:24,560 --> 00:32:29,800 It says 69 point. Like I can't even pin it 661 00:32:29,800 --> 00:32:32,600 exactly. Like, yeah, like six, 8.1 or 662 00:32:32,600 --> 00:32:36,720 two. It looks like I'm not paying for 663 00:32:36,720 --> 00:32:38,920 that. Hold on, looks like we may have 664 00:32:38,960 --> 00:32:40,400 hit it. I'm not sure. 665 00:32:40,400 --> 00:32:42,040 I don't know. It looks like we may have hit it 666 00:32:42,040 --> 00:32:45,280 for like a second, but it definitely looks like we're 667 00:32:45,280 --> 00:32:48,000 selling off right now pretty heavily. 668 00:32:48,000 --> 00:32:49,080 Is that what you guys were talking about? 669 00:32:49,080 --> 00:32:51,120 Just like probably some Wicks to like get all the leverage wiped 670 00:32:51,120 --> 00:32:52,360 out. We should probably go look at 671 00:32:52,360 --> 00:32:54,720 what the leverage looking like now, the heat maps looking like, 672 00:32:55,240 --> 00:32:58,400 like right now, right. Let me see. 673 00:32:59,680 --> 00:33:01,160 We're going to need more callers soon. 674 00:33:06,040 --> 00:33:08,400 Yeah, where is it now? I haven't even looked. 675 00:33:08,600 --> 00:33:10,720 Yeah, it's cared up a little bit. 676 00:33:10,960 --> 00:33:13,760 I mean some, some must have got taken out in that Wick for sure 677 00:33:13,760 --> 00:33:15,800 this. Is a wild Wick. 678 00:33:15,800 --> 00:33:16,880 What does? What has happened? 679 00:33:17,920 --> 00:33:19,440 Oh, another Wick. Oh, wow. 680 00:33:20,000 --> 00:33:25,160 John Wick. Wow, look at that. 681 00:33:25,440 --> 00:33:28,520 Look at that. Pack it up lads. 682 00:33:28,960 --> 00:33:31,320 You know, I think. I think it's 12K next, right? 683 00:33:32,200 --> 00:33:34,600 I'm hearing 12K. I don't know about you guys. 684 00:33:35,280 --> 00:33:36,920 I'm hearing. Yeah, they're going to love 685 00:33:36,920 --> 00:33:38,160 that. Trapfire are going to absolutely 686 00:33:38,160 --> 00:33:40,120 love that. Oh, it's down. 687 00:33:40,120 --> 00:33:41,920 Oh, it's never going to come back. 688 00:33:42,800 --> 00:33:43,800 Yeah, they're going to love this. 689 00:33:43,880 --> 00:33:45,600 This is going to be their classic headline. 690 00:33:46,000 --> 00:33:49,080 Yeah. Speaking of Trapfire, actually, 691 00:33:49,120 --> 00:33:51,120 I got something. Good example by the way, of what 692 00:33:51,120 --> 00:33:53,440 what happened in 2021 as well. Like you're going to see these 693 00:33:53,440 --> 00:33:57,720 sort of Wicks, Wicks get absolutely people get absolutely 694 00:33:57,720 --> 00:34:01,080 eviscerated in the excessive risk taking. 695 00:34:01,080 --> 00:34:05,760 And then and then it'll it'll all stabilize again and we'll 696 00:34:05,760 --> 00:34:11,199 realize we've got another fucking 600 million of inflows 697 00:34:11,199 --> 00:34:12,960 tomorrow and the next day and the next day. 698 00:34:12,960 --> 00:34:16,840 So yeah, expect this a lot. I'm not trading this market 699 00:34:16,840 --> 00:34:20,840 actively, but if I was, I think one of the easiest things to do 700 00:34:20,840 --> 00:34:25,760 would just be to like have some stables dry and as soon as you 701 00:34:25,760 --> 00:34:27,920 get these Wicks just like buy into it and then. 702 00:34:28,440 --> 00:34:30,719 Yeah, this is a classic pie like and then. 703 00:34:31,159 --> 00:34:33,480 And then you just sell them and you could have just like 704 00:34:33,679 --> 00:34:35,679 repeated that strategy over and over and over again. 705 00:34:35,679 --> 00:34:37,440 You'd make so much money. I mean, look at that. 706 00:34:37,440 --> 00:34:39,679 It literally did it again. Like it dropped the exact same 707 00:34:39,679 --> 00:34:43,880 point that it dropped out there. Like it rejected all time High. 708 00:34:44,000 --> 00:34:46,880 It went here, it went, tried again, and then he rejected the 709 00:34:46,880 --> 00:34:47,920 exact same spot. Yeah. 710 00:34:48,400 --> 00:34:49,840 Right. A ton of people will get 711 00:34:49,840 --> 00:34:52,719 liquidated on this move lower and it's going to move back 712 00:34:52,719 --> 00:34:54,560 higher and they're going to be really pissed off. 713 00:34:54,560 --> 00:34:56,000 They'll be like, oh, I had the right trade. 714 00:34:56,239 --> 00:34:58,040 Yeah, but you didn't have the right trade because. 715 00:34:58,040 --> 00:35:00,440 This is why we use it. We use Mando's infinite money 716 00:35:00,440 --> 00:35:01,920 glitch. Not one with leverage. 717 00:35:03,000 --> 00:35:05,240 Mando figured it out. Infinite money glitch. 718 00:35:05,240 --> 00:35:08,440 I didn't even know that existed. I think Suzu wrote about it the 719 00:35:08,440 --> 00:35:11,280 other day, which you have on your show tomorrow, right? 720 00:35:11,400 --> 00:35:13,760 Like having. How do you do it? 721 00:35:13,840 --> 00:35:15,880 What is it called? I don't even know these things. 722 00:35:15,880 --> 00:35:16,960 I'm not even professional enough. 723 00:35:16,960 --> 00:35:19,360 But it's like the thing when you have money in your account and 724 00:35:19,360 --> 00:35:21,840 then it takes that money out. But I mean, it's dangerous. 725 00:35:26,520 --> 00:35:28,880 You guys are savages. There's anyway, Speaking of 726 00:35:29,200 --> 00:35:34,760 Speaking of Speaking of retail, a trat fi and everything, I 727 00:35:34,760 --> 00:35:37,240 mean, look at this clip. Let's talk about this clip for a 728 00:35:37,240 --> 00:35:38,000 second. What we make of it? 729 00:35:38,000 --> 00:35:39,680 Was in the green. I do want to talk about 730 00:35:39,680 --> 00:35:42,600 something we just chatted about on radio, Guys. 731 00:35:43,040 --> 00:35:44,880 The era of the meme coin is back. 732 00:35:44,960 --> 00:35:46,680 Can you believe that? No, I don't. 733 00:35:47,280 --> 00:35:50,520 There's a Tell Me More Tim. OK, there's Pepe the Dog, the 734 00:35:50,760 --> 00:35:54,040 Pepe the Frog themed coin and and Dog with hat. 735 00:35:54,320 --> 00:35:56,000 This is new to me. I'm just learning this from 736 00:35:56,000 --> 00:35:57,480 among the most read. MU Yoshen I. 737 00:35:57,560 --> 00:35:58,800 Think this is all just. The same. 738 00:35:59,760 --> 00:36:00,920 It is certainly back. OK. 739 00:36:01,600 --> 00:36:04,160 Is that, is that where we're at? Is this like the contrarian sell 740 00:36:04,160 --> 00:36:05,560 signal now that's what I'm thinking. 741 00:36:05,560 --> 00:36:07,560 This is like there's a sentiment indicator here, right? 742 00:36:07,640 --> 00:36:11,400 So as soon as Bitcoin hits 69. 1000 What happens to all these 743 00:36:11,400 --> 00:36:13,760 other mean coins? That's the big question, right? 744 00:36:13,760 --> 00:36:14,920 Can't believe it. Well, not. 745 00:36:14,920 --> 00:36:15,520 Really. Right. 746 00:36:15,520 --> 00:36:17,960 Because now you're waiting for that Ethereum ETF. 747 00:36:18,200 --> 00:36:21,720 And so if you think about it, perhaps exuberant exuberance can 748 00:36:21,720 --> 00:36:24,720 keep going because you know, even if interest rates stay 749 00:36:24,720 --> 00:36:27,720 higher, it has not popped the bubble of money going into these 750 00:36:27,720 --> 00:36:29,720 types of investments. Yeah, it should be pointed 751 00:36:29,720 --> 00:36:31,520 looking like it's in a closure. What do what do you make of 752 00:36:31,520 --> 00:36:33,040 this, Sylvie? What do you make of this clip, 753 00:36:33,120 --> 00:36:35,680 Bloomberg? It's so funny to like listen to 754 00:36:35,680 --> 00:36:37,800 these guys speak about it and try and analyse it. 755 00:36:37,800 --> 00:36:39,960 You know what I mean? It's like like try and 756 00:36:39,960 --> 00:36:42,440 rationalize it and justify and then you know in the past of 757 00:36:42,440 --> 00:36:44,440 Bacard this is the phenomenon of low interest rates and guess 758 00:36:44,440 --> 00:36:48,560 what like interest rates through 40 year highs and we're we're 759 00:36:48,560 --> 00:36:53,400 running it back again like and they're just like they're just 760 00:36:53,400 --> 00:36:53,760 like. What? 761 00:36:53,760 --> 00:36:54,960 Like what? The fuck is going on here? 762 00:36:54,960 --> 00:36:57,840 It's so funny. Just go just. 763 00:36:57,920 --> 00:36:58,640 I mean, they should. I don't. 764 00:36:58,640 --> 00:37:00,960 I'm surprised they don't get like, crypto people on to talk 765 00:37:00,960 --> 00:37:02,320 about this kind of stuff because. 766 00:37:02,720 --> 00:37:04,440 Right. Yeah, because you, you know, 767 00:37:04,440 --> 00:37:06,760 someone could sort of could rationalize it a lot more. 768 00:37:06,920 --> 00:37:08,360 You get handsome on there, you know what I mean? 769 00:37:09,880 --> 00:37:12,480 Like a dead ass like or someone, mind you. 770 00:37:12,720 --> 00:37:15,760 Someone Like You who has a trat fi background. 771 00:37:15,800 --> 00:37:17,200 Yeah, yeah, exactly. Right. 772 00:37:17,200 --> 00:37:20,000 Like you worked on Wall Street for 10 years and now you 773 00:37:20,000 --> 00:37:22,960 obviously cooked the memes and it's like get Someone Like You 774 00:37:22,960 --> 00:37:26,080 that can like kind of like make it make sense. 775 00:37:26,080 --> 00:37:28,600 Though it's not really supposed to make sense, but, you know, 776 00:37:28,600 --> 00:37:29,840 kind of somewhat make it make sense. 777 00:37:29,840 --> 00:37:33,600 See what I mean? So hey, if you're Bloomberg or 778 00:37:33,600 --> 00:37:36,480 any of those TV stations hit us up whoa, whoa, whoa. 779 00:37:36,480 --> 00:37:38,560 But we have a bunch of experts that are probably happy to come 780 00:37:38,560 --> 00:37:41,000 and talk about this shit. Mando had to leave us. 781 00:37:41,000 --> 00:37:43,520 Y'all obvious reasons. Trenches. 782 00:37:43,520 --> 00:37:46,520 Trenches are calling him. Amanda was like, boys like this 783 00:37:46,520 --> 00:37:48,560 is where I need to trade. No problem. 784 00:37:48,560 --> 00:37:50,160 This is where Mando makes his, makes his millions. 785 00:37:50,160 --> 00:37:51,360 So we're going to let him do a sting. 786 00:37:51,360 --> 00:37:54,840 We're going to let him cook. We're. 787 00:37:55,320 --> 00:37:57,320 Going to let him do his thing. We're going to get to the Robit 788 00:37:57,480 --> 00:37:59,560 loot boxes in a second here, so be ready. 789 00:37:59,960 --> 00:38:02,080 Start retweeting. Start retweeting. 790 00:38:02,080 --> 00:38:03,520 It's pinned to the top bottom right. 791 00:38:03,520 --> 00:38:08,600 It makes you follow. You have to follow FOMO Hour and 792 00:38:08,600 --> 00:38:10,560 Robit Com. OK, it's easy to get. 793 00:38:10,560 --> 00:38:15,760 You know how to find us. Robit ROLL, BITCOM and then FOMO 794 00:38:15,760 --> 00:38:18,080 our FOMOHOUR. You have to be following us. 795 00:38:18,080 --> 00:38:22,240 You won't be selected to come. Two spins, 5 KA pop and we're 796 00:38:22,320 --> 00:38:24,720 running it back. On Friday we send the 2:50 to 797 00:38:24,720 --> 00:38:26,640 winner Yesterday we're going to give money tomorrow, give money 798 00:38:26,640 --> 00:38:30,080 after tomorrow. We just keep on keeping on and 799 00:38:30,080 --> 00:38:34,640 giving money away. Anyways, let's run quickly OV 800 00:38:34,760 --> 00:38:38,920 through NFTS here. So let's go to DJ. 801 00:38:38,920 --> 00:38:41,480 And I didn't realize you guys have a whole blast thing going 802 00:38:41,480 --> 00:38:44,120 on. Damn, pretty cool. 803 00:38:44,160 --> 00:38:48,160 So much alpha on this. Honestly, there's a lot of alpha 804 00:38:48,160 --> 00:38:52,280 actually going on there. So anyways, we have on the east 805 00:38:52,280 --> 00:38:54,120 side. I mean, I I saw a lot of tweets 806 00:38:54,120 --> 00:38:55,960 about board apes like going on the 28th. 807 00:38:55,960 --> 00:39:00,680 You know what's funny? OV when I do these things, my my 808 00:39:00,680 --> 00:39:04,320 camera bugs. How do you do it? 809 00:39:06,960 --> 00:39:09,080 How do you you know who loves doing this? 810 00:39:09,080 --> 00:39:10,880 It's Loxley. Oh, there you go. 811 00:39:11,840 --> 00:39:15,320 For those that know we are also on video broadcasting is put 812 00:39:15,320 --> 00:39:17,320 some foam water on my account. We're on YouTube. 813 00:39:17,600 --> 00:39:20,280 See, my camera froze just now. It does that to me every time 814 00:39:20,960 --> 00:39:22,640 after I do this. I don't get where it freezes. 815 00:39:22,640 --> 00:39:24,040 That's like a that's a bug, right? 816 00:39:24,240 --> 00:39:26,280 I don't know, but it's so annoying like I'll be in the 817 00:39:26,280 --> 00:39:28,560 most serious meeting bro. Like or just now like I had a 818 00:39:28,920 --> 00:39:31,960 meeting like a large client of ours and I'm here saying like 819 00:39:31,960 --> 00:39:34,600 going into this like peace sign like what's the peace? 820 00:39:34,680 --> 00:39:36,600 And then see this balloons come up and I'm here. 821 00:39:36,600 --> 00:39:39,680 Like dude, what is going on? I I hate it. 822 00:39:39,760 --> 00:39:41,960 I I cannot stand it. Look, it freezes my camera too. 823 00:39:41,960 --> 00:39:44,920 We're back anyways. NFC side board apes under 20 ETH 824 00:39:44,920 --> 00:39:48,640 OV what do we think man? Like the whole. 825 00:39:48,640 --> 00:39:50,440 So it's not just a boarding thing. 826 00:39:50,680 --> 00:39:55,880 The whole of ETH NFTS right now is getting decimated because of 827 00:39:55,880 --> 00:40:00,120 these points. Obvious ETH is rage pumping to 828 00:40:00,120 --> 00:40:03,760 3800 normal. We've seen this movie before. 829 00:40:03,760 --> 00:40:07,120 Doesn't mean it's dead. And ordinals seems to be taking 830 00:40:07,120 --> 00:40:09,600 a lot of the attention here OV So what do you what's your read 831 00:40:09,600 --> 00:40:12,320 on 20th board apes here? 18 Eats board apes actually. 832 00:40:13,080 --> 00:40:18,520 Yeah, I think it's a hard one because it's you know, ETH is 833 00:40:18,520 --> 00:40:21,320 going up which when it goes up aggressively is not good for 834 00:40:21,320 --> 00:40:26,400 NFTS and ordinals, you know fully fledged firmament in on on 835 00:40:26,400 --> 00:40:29,840 ordinals right now. So it's a really tough one for 836 00:40:29,880 --> 00:40:32,040 ETH NFTS. And so it's like even Solana 837 00:40:32,040 --> 00:40:33,760 NFTS as well. I mean, I haven't really seen 838 00:40:33,760 --> 00:40:38,640 much of the timeline about Solana NFTS at all, and Mad Lads 839 00:40:38,880 --> 00:40:41,720 have done well, but I haven't really heard of like many Solana 840 00:40:41,720 --> 00:40:45,040 projects away from that. So yeah, it's just, it just 841 00:40:45,040 --> 00:40:46,680 seems like all about ordinals right now. 842 00:40:46,760 --> 00:40:48,720 They have the narrative, everyone's on it. 843 00:40:49,040 --> 00:40:50,560 Bitcoin is the thing that's rallying. 844 00:40:51,440 --> 00:40:53,480 Yeah. It has kind of has that early 845 00:40:53,480 --> 00:40:56,600 ETH NFT feel where you just don't have all all the tech 846 00:40:56,600 --> 00:40:59,200 built out for it in terms of like commoditization of of it 847 00:40:59,200 --> 00:41:03,880 either you know, it feels more like actually collecting NFTS 848 00:41:04,480 --> 00:41:08,440 and yeah that's basically it. Yeah, I mean on the on the Ethan 849 00:41:08,440 --> 00:41:10,040 Soul, you're on the money same thing. 850 00:41:10,040 --> 00:41:13,160 So either stagnant or just going down. 851 00:41:14,440 --> 00:41:17,960 So it's not been moving much like aside from punks which have 852 00:41:17,960 --> 00:41:24,040 been very, very strong like 58 ETH at a ETH constantly rising. 853 00:41:24,040 --> 00:41:26,920 So you're talking about a but there was also was you bought a 854 00:41:26,920 --> 00:41:30,800 $16,000,000 punk yesterday. So Congrats again on the alien 855 00:41:31,040 --> 00:41:34,160 the crypto punk. The crypto punk floor is now 856 00:41:34,160 --> 00:41:38,080 torn AS15K. So if you don't have a PFP, if 857 00:41:38,080 --> 00:41:41,960 you have a PFP on the Torni K don't at me, don't at me, don't 858 00:41:41,960 --> 00:41:45,000 cast me, don't tweet me, don't WhatsApp me. 859 00:41:45,160 --> 00:41:49,240 OK and then the rest of it is down man on the on the daily 860 00:41:49,480 --> 00:41:52,320 there was two major mainland dollar fidencer sale I know seat 861 00:41:52,320 --> 00:41:53,560 phrase. Danny of course, had a big sale 862 00:41:53,560 --> 00:41:58,040 at Sotheby's in ETH terms, not great in dollar terms, actually 863 00:41:58,040 --> 00:42:00,760 ended up being pretty good. So there's that. 864 00:42:01,800 --> 00:42:04,840 And on the east side, it's just like things are just not really 865 00:42:04,840 --> 00:42:07,200 picking up more from there. We're going to have to wait. 866 00:42:07,520 --> 00:42:12,120 But there was 496 ETH finances. LOV Yeah mental. 867 00:42:12,200 --> 00:42:15,040 Yeah mental. So look those are signs that you 868 00:42:15,320 --> 00:42:19,800 want to look for which are good on on Solana saying like look 869 00:42:19,800 --> 00:42:24,120 Frogana's are on the four famous fox insurance mad lads I every 870 00:42:24,120 --> 00:42:26,880 time I open magic heater on the same price since like months 871 00:42:26,960 --> 00:42:31,360 like in the 170 fifty and like 414 inch personally speaking I 872 00:42:31,360 --> 00:42:35,160 still am top ten holder of of Bodagos and it's still it's like 873 00:42:35,160 --> 00:42:38,080 6 soul like it's like stuck in this range right in terms of 874 00:42:38,080 --> 00:42:41,000 like Solana NFTS but there will be a point I genuinely believe 875 00:42:41,000 --> 00:42:43,280 and like book it like on the show it's recorded like Ethan 876 00:42:43,280 --> 00:42:45,240 Soul. As soon as Ethan soul stabilized 877 00:42:45,240 --> 00:42:48,200 because they're both about Co parabolic or have been, you're 878 00:42:48,200 --> 00:42:50,160 going to see like it's going to take a while. 879 00:42:50,160 --> 00:42:52,720 Like I think Ethan saw on FTS you'll have to wait till April 880 00:42:52,720 --> 00:42:54,800 like it's something that like you're going to have to shelve 881 00:42:54,800 --> 00:42:56,520 until meme coins run more because there's too much up 882 00:42:56,520 --> 00:42:58,320 cost. Like degens want the money now 883 00:42:58,560 --> 00:43:00,640 they want liquidity. Why would you as a degen have 884 00:43:00,640 --> 00:43:03,960 most of your money stuck in an FT when you're not a whale like 885 00:43:03,960 --> 00:43:05,360 you? You can't afford to be in both 886 00:43:05,360 --> 00:43:06,840 right? So I think that's what's going 887 00:43:06,840 --> 00:43:09,000 on. And the Bitcoin side No monkey 888 00:43:09,000 --> 00:43:13,200 still above .7 Bitcoin Organic retrace RSI CS pumping. 889 00:43:13,200 --> 00:43:16,760 But it had retrace on the .1 Quantum cats Quantum cats OE 890 00:43:17,120 --> 00:43:22,800 what a print what a print .44 Bitcoin yesterday which now a 891 00:43:22,800 --> 00:43:25,160 .38. So that's for anyone who got 892 00:43:25,160 --> 00:43:27,640 this, that's a $30,000. Print point what? 893 00:43:28,000 --> 00:43:35,360 .24 yesterday .44 Geez yeah dude $25,000 NFT Thank you Udi and 894 00:43:35,760 --> 00:43:39,080 and then stop my cat and I'm so happy he evolved so he's so 895 00:43:39,080 --> 00:43:42,960 pretty now as is that the puppets I mean you know over the 896 00:43:42,960 --> 00:43:46,320 last day quite large retrace down 15% normal though Bitcoin 897 00:43:46,320 --> 00:43:48,800 is turned volatile same thing and then you know BIC lifts or 898 00:43:48,800 --> 00:43:52,200 no maxi biz like all the other stuff or no maxi biz man OMB is 899 00:43:52,200 --> 00:43:55,920 1 Bitcoin. Wow, ZK never missed. 900 00:43:55,920 --> 00:43:56,720 One Bitcoin now. Wow. 901 00:43:56,960 --> 00:44:00,120 Fucking hell man. Honestly, though, are we 902 00:44:00,120 --> 00:44:03,240 surprised ZK Shark is? Like, Yeah, not surprised. 903 00:44:03,640 --> 00:44:05,800 ZK Shark is. I mean, you know what's crazy? 904 00:44:05,800 --> 00:44:07,760 Like people have so much. It's not crazy. 905 00:44:07,760 --> 00:44:09,680 We have so much respect for him. Like when I go to conference, 906 00:44:09,680 --> 00:44:11,720 like in Paris, a lot of talk was ordinals. 907 00:44:11,720 --> 00:44:14,400 Everyone's like, yo, that guy's like preaching the gospel like 908 00:44:14,400 --> 00:44:16,640 he was the guy. He's him, you know, He's like 909 00:44:16,640 --> 00:44:18,960 the leader of the fucking ordinals in the OMB. 910 00:44:18,960 --> 00:44:22,960 So big shot to ZK shark on that. Wow, look at Bitcoin. 911 00:44:23,600 --> 00:44:27,280 It went low as 64.5. Wow. 912 00:44:27,960 --> 00:44:29,800 Oh my God, Mando's. Wonder how much? 913 00:44:29,800 --> 00:44:31,320 Yeah, I wonder how much got liquidated there? 914 00:44:31,480 --> 00:44:33,120 Yeah. Is there, well, how do you see 915 00:44:33,120 --> 00:44:36,840 again the liquidation amounts? Is it on the corn glass as well? 916 00:44:40,400 --> 00:44:43,800 I think it's on or it's. On coin maybe coin lies, yeah. 917 00:44:44,440 --> 00:44:46,080 Let's see how much got liquidated here. 918 00:44:46,080 --> 00:44:47,720 What do you see? You go to Bitcoin, right? 919 00:44:48,200 --> 00:44:49,840 Yeah. It's here, right? 920 00:44:52,160 --> 00:44:54,080 How do you see the wipe? How much was wiped? 921 00:44:55,480 --> 00:44:57,760 Liquidations here. Let's look at that. 922 00:44:57,760 --> 00:44:59,960 Then we'll do the robot loot box spins. 923 00:45:00,760 --> 00:45:03,680 What do you long legs in the last? 924 00:45:03,680 --> 00:45:06,040 That's 24 hours. How do I make it less? 925 00:45:06,360 --> 00:45:11,000 It's not that much, actually. 169 M in 24 hours. 926 00:45:11,000 --> 00:45:14,000 Surely it's more than that in the last 30 minutes, right? 927 00:45:16,280 --> 00:45:18,360 I. Don't know. 928 00:45:18,520 --> 00:45:20,120 Must be more than that. Maybe it's not dated. 929 00:45:20,320 --> 00:45:22,240 So I'll fully retrace that pump by the way. 930 00:45:24,000 --> 00:45:25,600 Yeah. Well, back to 133. 931 00:45:25,840 --> 00:45:26,880 Yeah. Wild. 932 00:45:27,360 --> 00:45:29,800 That's a that's a nasty, nasty liquidation for people, huh? 933 00:45:30,040 --> 00:45:33,800 Nasty Bitcoin for sure. A lot of people got clipped on 934 00:45:33,800 --> 00:45:36,320 that $4000 downwards candle on Bitcoin. 935 00:45:36,880 --> 00:45:37,600 For sure. For sure. 936 00:45:37,680 --> 00:45:38,320 For sure. For sure.