1 00:00:00,040 --> 00:00:05,400 Yo-yo yo what up what up? Good morning, good morning GFG 2 00:00:06,440 --> 00:00:15,320 and Friday Woo people moving in the stream with that August 3 00:00:15,320 --> 00:00:20,600 16th, 2020. 444. Look at that, another beautiful 4 00:00:20,800 --> 00:00:24,560 thing to have a beautiful day. I got my Co hosts. 5 00:00:25,560 --> 00:00:28,040 I got a lot of them and I was, oh, what are you drinking out 6 00:00:28,040 --> 00:00:31,400 there? We got Ovie, Mando, Tyler, Ovie. 7 00:00:31,600 --> 00:00:34,080 I mean, Salud for my coffee. But what? 8 00:00:34,080 --> 00:00:36,040 What are you having out there? There just a Prosecco. 9 00:00:40,520 --> 00:00:41,840 What's? What's wrong with the Prosecco? 10 00:00:42,000 --> 00:00:43,840 The the euro life is just so nice. 11 00:00:43,840 --> 00:00:46,440 Just just casually drinking Prosecco, it's nice. 12 00:00:46,440 --> 00:00:48,840 No, no, no, this is not Europe. All right. 13 00:00:48,920 --> 00:00:52,320 OV is sitting there in London in the grey. 14 00:00:52,320 --> 00:00:54,320 I don't think I've seen anyone drinking Prosecco. 15 00:00:54,400 --> 00:00:55,240 It's. Hot. 16 00:00:55,520 --> 00:00:57,480 It's hot, sunny outside. Today is it. 17 00:00:57,800 --> 00:01:00,680 Tyler, he's not 9:00 AM for him just so he's OK, right? 18 00:01:01,080 --> 00:01:03,360 Yeah. But second of all, why I left 19 00:01:03,360 --> 00:01:06,560 the Prosecco is because you're having the Prosecco and the the 20 00:01:06,560 --> 00:01:10,040 hormonal change conversation for that. 21 00:01:10,040 --> 00:01:13,720 So the the Prosecco mix with that conversation. 22 00:01:17,720 --> 00:01:22,160 I don't know why. Wow, anyways, sorry, I was so 23 00:01:22,200 --> 00:01:25,880 funny that I I, I got to pose a question right off the bat for 24 00:01:25,880 --> 00:01:27,560 for people. He's not he's he's not a drunk 25 00:01:27,560 --> 00:01:28,520 dad. He's a happy dad. 26 00:01:29,040 --> 00:01:30,720 That's not an ad for the other brand. 27 00:01:30,720 --> 00:01:33,960 But anyways, question for the people in the audience. 28 00:01:33,960 --> 00:01:35,440 We have a lot of dads that listen to our show. 29 00:01:35,440 --> 00:01:38,160 Actually, I realized like I'm old man, everybody around me is 30 00:01:38,160 --> 00:01:42,400 actually got married, got kids. Fuck I'm I'm behind, I'm behind 31 00:01:42,400 --> 00:01:45,480 on life it seems. Anyways if you are a newly 32 00:01:45,480 --> 00:01:48,200 father or you have had a child question for y'all. 33 00:01:48,920 --> 00:01:51,360 Do you have you guys experience hormonal changes that made you 34 00:01:51,360 --> 00:01:55,080 fat? That's question of the day to 35 00:01:55,080 --> 00:01:57,560 open the show. So far we have surveyed 3 36 00:01:57,560 --> 00:02:00,920 fathers OSF, Mando and Tyler who have all confirmed it. 37 00:02:01,440 --> 00:02:03,520 But I don't know if it's excuses or it's real. 38 00:02:03,600 --> 00:02:07,800 I wouldn't know myself right? So I I, I can't really partake 39 00:02:07,800 --> 00:02:10,080 in this poll. But anyways, Ovi, Mando, Tyler, 40 00:02:10,080 --> 00:02:11,840 good morning. How you guys doing today? 41 00:02:13,960 --> 00:02:18,080 Great man, how are you? Vibing, vibing. 42 00:02:18,240 --> 00:02:20,520 We're vibing having a little coffee this morning. 43 00:02:20,520 --> 00:02:24,320 It is Friday, market is bipolar, volatile, whatever you want to 44 00:02:24,320 --> 00:02:25,960 call it. There you go. 45 00:02:25,960 --> 00:02:27,560 Oh look, answers already coming in. 46 00:02:27,640 --> 00:02:29,920 See those quick you asking that we got. 47 00:02:30,640 --> 00:02:33,120 Let's see. Let's Mark Metaverse. 48 00:02:33,120 --> 00:02:36,800 Mark metaverse, said eight-month old baby girl Tonal Tonal plus 49 00:02:36,800 --> 00:02:39,240 Peloton keeping this bod non that bod. 50 00:02:39,240 --> 00:02:40,320 Well, there you go, some alpha for you. 51 00:02:40,680 --> 00:02:43,720 So I'm alpha free Peloton. You can do it, it just it feels 52 00:02:43,720 --> 00:02:45,160 like it's a little harder perhaps. 53 00:02:45,520 --> 00:02:48,520 A lot harder, but. I've got a dad update. 54 00:02:48,520 --> 00:02:52,400 So my son today's his last day at his first day care. 55 00:02:52,400 --> 00:02:54,080 He's been going for over 4 1/2 years now. 56 00:02:55,240 --> 00:02:57,960 It's his last day and and he's going to be going off to 57 00:02:57,960 --> 00:02:59,040 kindergarten here in a couple weeks. 58 00:02:59,120 --> 00:03:01,640 So let's. Go somewhat of a, you know, 59 00:03:01,680 --> 00:03:03,600 special day here in the Tyler D house. 60 00:03:04,160 --> 00:03:06,840 I love that. I love the, I love the Tyler D 61 00:03:06,840 --> 00:03:09,400 household updates. Honestly, they're fun. 62 00:03:09,640 --> 00:03:11,480 They're they're a lot of fun. We should make a segment for 63 00:03:11,480 --> 00:03:12,440 them. I'd love to have them. 64 00:03:12,440 --> 00:03:14,840 Anyways, that was showed today. Today, what do we got? 65 00:03:14,920 --> 00:03:18,200 We got market report as usual. You know, we're going to hear 66 00:03:18,200 --> 00:03:19,840 all about that Ovi. We're going to have to go out 67 00:03:19,840 --> 00:03:21,360 and talk about all these figures in numbers. 68 00:03:21,360 --> 00:03:23,160 Man, I don't even know who to trust anymore. 69 00:03:23,320 --> 00:03:27,160 I don't know what's going on. Zoran is calling for 33.333 K 70 00:03:27,920 --> 00:03:30,280 Trader Ezzy is calling for $20,000. 71 00:03:31,000 --> 00:03:33,960 You know my favorite trader, Keyboard Monkey is up and down 72 00:03:33,960 --> 00:03:36,720 and up and down up again. I need you guys to bring some 73 00:03:36,720 --> 00:03:38,600 clarity to the show this morning and let me know if we're gonna 74 00:03:38,600 --> 00:03:40,400 pump as it's full moon on Monday. 75 00:03:40,640 --> 00:03:42,840 Tyler is top 100. Let's see what Tyler has in 76 00:03:42,840 --> 00:03:45,880 store for us today for his for his topics. 77 00:03:45,880 --> 00:03:47,560 And then last but not least, it's robot day. 78 00:03:47,880 --> 00:03:51,360 Robot spins today, baby and I have put some in order of the 79 00:03:51,360 --> 00:03:55,040 red guys actually pumping 2X since I think like the last 80 00:03:55,040 --> 00:03:57,720 three days, we've put some nice red guys in the mix. 81 00:03:57,720 --> 00:04:00,840 We have a golden girl, we have ice red guy, we have an RLD. 82 00:04:01,000 --> 00:04:03,080 We have a bunch of fire red guys in there. 83 00:04:03,080 --> 00:04:05,800 So I hope that the 50 plus people that won the red guys on 84 00:04:05,800 --> 00:04:08,880 the show held them because. Why wouldn't they? 85 00:04:09,680 --> 00:04:11,560 Right, of course they did. Of course they did. 86 00:04:11,640 --> 00:04:14,240 Why would you ever dump it? Yeah, why would you ever sell it 87 00:04:14,240 --> 00:04:16,079 to a blur? Bit like nobody does that, 88 00:04:16,160 --> 00:04:18,600 right? So anyways, and it's true, Mando 89 00:04:18,600 --> 00:04:23,320 is not wearing a shirt, so the market will probably dump today. 90 00:04:23,320 --> 00:04:27,320 But the EPL does start and hopefully, you know, we get a 91 00:04:27,320 --> 00:04:29,960 good start of the season for the lads. 92 00:04:30,000 --> 00:04:33,760 Anyways, Mando, where's where's this thing again? 93 00:04:33,960 --> 00:04:39,200 Let's see what you got today. Who? 94 00:04:39,480 --> 00:04:41,920 Is the man Michael Daddy of the land? 95 00:04:45,640 --> 00:04:48,880 Can you dig it? So I'm back, Yesterday was 96 00:04:48,880 --> 00:04:52,000 actually a holiday in Portugal. Thank you for understanding. 97 00:04:55,160 --> 00:04:57,840 It was it's actually a holiday. What I love about Portuguese 98 00:04:58,040 --> 00:05:01,360 holidays is that. Is that no one else knows when 99 00:05:01,360 --> 00:05:05,200 they are. The US holidays and the UK 100 00:05:05,200 --> 00:05:06,600 holidays are normally on a Monday, right? 101 00:05:07,320 --> 00:05:09,160 So it's like, oh, you got a long weekend. 102 00:05:09,640 --> 00:05:11,760 And what I've realized since coming to Portugal is we've just 103 00:05:11,760 --> 00:05:14,080 been screwed by that. Like they'll just put the 104 00:05:14,080 --> 00:05:16,920 holiday on like the Wednesday and then you have the whole week 105 00:05:16,920 --> 00:05:18,560 off, right? People are just like, oh, I'll 106 00:05:18,560 --> 00:05:20,560 take the Monday, Tuesday off and then I'll take the Thursday, 107 00:05:20,560 --> 00:05:22,640 Friday off because no one will be there for Monday or Tuesday. 108 00:05:23,280 --> 00:05:26,400 So this holiday was randomly on a Thursday as a lot of them are. 109 00:05:27,840 --> 00:05:30,200 And that meant that people just took, they basically just take 110 00:05:30,200 --> 00:05:33,080 off the next like week. So it's pretty, it's pretty 111 00:05:33,080 --> 00:05:34,200 incredible how they do holidays here. 112 00:05:34,440 --> 00:05:36,000 Anyway, that was a holiday, which is why I was out. 113 00:05:36,760 --> 00:05:39,600 It looked like we hit hit about 56 K yesterday. 114 00:05:41,760 --> 00:05:43,880 Everyone getting pretty depressed. 115 00:05:44,040 --> 00:05:46,920 It felt like we recovered slightly. 116 00:05:47,560 --> 00:05:50,120 I think we rallied back to around 59 K and now we're 117 00:05:50,120 --> 00:05:55,000 hanging out at 58 K. Bitcoin hit a death cross, they 118 00:05:55,000 --> 00:05:57,760 call it, on the weekly, which is why a lot of technical traders 119 00:05:57,760 --> 00:05:59,640 are suddenly saying we're going to like 0. 120 00:06:01,160 --> 00:06:04,200 But that has a very mixed response about what actually 121 00:06:04,200 --> 00:06:05,280 happens. It can be the start of the 122 00:06:05,280 --> 00:06:07,040 trend, it can be absolutely nothing. 123 00:06:08,320 --> 00:06:12,560 Solana is back at 140. Ether's hanging out just below 124 00:06:12,560 --> 00:06:15,120 2600. Solana's underperformance 125 00:06:15,120 --> 00:06:18,520 slightly came to an end. It feels like they're all kind 126 00:06:18,520 --> 00:06:20,160 of tracking each other lower at the moment. 127 00:06:20,320 --> 00:06:24,680 Bitcoin maybe slightly out outperforming meme coins, 128 00:06:24,680 --> 00:06:27,360 continuing to bleed really, particularly the major ones. 129 00:06:27,720 --> 00:06:32,920 Feels very PvP out there at the moment and yeah, I think Giga is 130 00:06:32,920 --> 00:06:37,840 the only meme coin in like the top 50, which is which is hard 131 00:06:37,840 --> 00:06:40,280 today. So definitely definitely feels 132 00:06:40,280 --> 00:06:41,640 like memes are being hurt slightly. 133 00:06:41,960 --> 00:06:44,360 What we are seeing is is defy come back a little bit. 134 00:06:44,360 --> 00:06:47,720 So if you've been looking in the last week, all the major Defy 135 00:06:47,720 --> 00:06:49,800 coins are higher. Partly this due to the fee 136 00:06:49,800 --> 00:06:52,920 switch and partly this is actually just to do with more 137 00:06:52,920 --> 00:06:56,000 going on in Defy. Suddenly Defy number of loans 138 00:06:56,000 --> 00:06:59,200 has hit or the number of borrowers at least is hit an all 139 00:06:59,200 --> 00:07:00,680 time high on things like are they? 140 00:07:01,440 --> 00:07:06,480 And you start to see TVL start to track closer up towards the 141 00:07:06,480 --> 00:07:10,120 levels that we saw in like 2000 and 2122 area. 142 00:07:10,120 --> 00:07:15,080 So Defy is seemingly where people are DJ ING, DJ ING a 143 00:07:15,080 --> 00:07:17,920 little bit more at the moment. But in general, it feels like 144 00:07:17,920 --> 00:07:20,960 the timelines doesn't want to buy into those stories like 145 00:07:20,960 --> 00:07:23,760 crazily either. So I think people just get a 146 00:07:23,760 --> 00:07:26,680 little bit depressed. That's that's the general sense 147 00:07:26,680 --> 00:07:29,640 of it in macro. We had another strong day that 148 00:07:29,640 --> 00:07:31,000 yesterday. It's going to be actually one of 149 00:07:31,000 --> 00:07:33,720 the strongest week. I think it's going to be the 150 00:07:33,720 --> 00:07:35,680 strongest week for stocks in nine months. 151 00:07:35,800 --> 00:07:39,440 So yeah, like we had a really big rebound. 152 00:07:40,320 --> 00:07:44,880 The NASDAQ is basically well recovered a lot of it of those 153 00:07:44,880 --> 00:07:48,840 recent losses that was after retail sales came in relatively 154 00:07:48,840 --> 00:07:52,040 strong, which was another indicator after the the jobless 155 00:07:52,040 --> 00:07:54,560 figures slightly earlier in the week that we're not heading to a 156 00:07:54,560 --> 00:07:56,800 hard landing. And that was enough to, you 157 00:07:56,800 --> 00:08:00,160 know, get everyone pulled up. But the moment macro started 158 00:08:00,160 --> 00:08:04,360 rallying weirdly, crypto started selling off and that's that kind 159 00:08:04,360 --> 00:08:05,680 of freaks people out a little bit, I think. 160 00:08:06,760 --> 00:08:08,600 So what's going on? Is it over? 161 00:08:09,680 --> 00:08:14,480 Are we going to 25 minutes? It's never over, but it's just 162 00:08:14,480 --> 00:08:16,520 one of these chops. That's that's what I think. 163 00:08:16,760 --> 00:08:19,360 The chop, Ovi, I mean, we got you today. 164 00:08:19,360 --> 00:08:21,240 We had some big figures this week, right? 165 00:08:21,240 --> 00:08:23,640 CPIPPI bunches, You know what? Wait, hold on. 166 00:08:23,640 --> 00:08:25,920 It's very rare that we get triple Jingle day. 167 00:08:25,920 --> 00:08:29,280 So let's go to Ovi here and see what he thinks in the market. 168 00:08:30,640 --> 00:08:35,360 Daily market report brought to you by Rogue Radio. 169 00:08:37,039 --> 00:08:42,440 What's the word? I respect that you still have my 170 00:08:42,440 --> 00:08:44,000 Jingle. You haven't just, like, bend it. 171 00:08:44,159 --> 00:08:47,280 No, never. Never. 172 00:08:47,400 --> 00:08:50,680 Yeah, look, all the economic data this week was pretty good. 173 00:08:50,680 --> 00:08:54,720 It was good for risk assets. You had inflation, both PPI and 174 00:08:54,720 --> 00:08:57,640 CPI come in below expectations on the headline numbers. 175 00:08:58,040 --> 00:09:02,240 You had retail sales have a huge beat versus expectations. 176 00:09:02,240 --> 00:09:04,600 So was that tell you? It tells you inflation is still 177 00:09:04,600 --> 00:09:08,000 trending lower, but it tells you the US economy remains very 178 00:09:08,000 --> 00:09:11,320 strong, which increases the probability of a soft landing, 179 00:09:11,320 --> 00:09:15,200 which is that the Fed was able to get down inflation without 180 00:09:15,200 --> 00:09:19,800 significantly harming the economy or, you know, sending it 181 00:09:19,800 --> 00:09:22,440 into a recession. So for risk assets, the data 182 00:09:22,440 --> 00:09:24,000 this week is extremely, extremely good. 183 00:09:24,000 --> 00:09:25,840 And we've seen it play through in stocks. 184 00:09:25,840 --> 00:09:28,080 You know, as Michael said, like stocks have had one of the best 185 00:09:28,080 --> 00:09:32,040 weeks they've had in a while and just rates for a lot lower risk 186 00:09:32,040 --> 00:09:35,480 is rallying in trad markets. It's just crypto that seems to 187 00:09:35,480 --> 00:09:38,400 yet again be stuck in the mud and significantly 188 00:09:38,640 --> 00:09:40,000 underperforming traditional markets. 189 00:09:40,000 --> 00:09:42,640 And again, I feel like it's technical things, you know, it's 190 00:09:42,640 --> 00:09:45,360 like people are talking about the US government, Bitcoin 191 00:09:45,360 --> 00:09:48,240 again, the amount got distributions, we had all the 192 00:09:48,240 --> 00:09:51,000 jump selling of E. There's just all these technical 193 00:09:51,600 --> 00:09:56,440 cell pressures on crypto and not only just ETH, but also Bitcoin 194 00:09:56,440 --> 00:09:59,480 and probably FCX estate stuff and other things like Solana, 195 00:09:59,480 --> 00:10:01,160 etcetera. Like there's just tons of cell 196 00:10:01,160 --> 00:10:03,960 pressure right now on crypto. And it seems like we haven't 197 00:10:03,960 --> 00:10:08,120 still had like the retail influx and we've had some ETF infos, 198 00:10:08,120 --> 00:10:11,080 but it hasn't been as huge as and as persistent as we would 199 00:10:11,080 --> 00:10:14,040 have hoped. And you know, because some tech 200 00:10:14,040 --> 00:10:16,520 stocks have done so well this year, stuff like NVIDIA and the 201 00:10:16,520 --> 00:10:21,160 whole AI bubble, people haven't felt the need to move or switch 202 00:10:21,160 --> 00:10:23,920 to crypto to chase those like extra returns. 203 00:10:23,920 --> 00:10:25,880 And that's just where we are right now. 204 00:10:25,880 --> 00:10:29,400 And I don't know, I feel like crypto can continue to 205 00:10:29,400 --> 00:10:31,840 underperform trad 5 for a bit here. 206 00:10:31,840 --> 00:10:34,880 It's like, what's the the big positive caster for crypto other 207 00:10:34,880 --> 00:10:37,480 than like Trump winning? Obviously, Trump has now fallen 208 00:10:37,480 --> 00:10:38,680 massively behind in the elections. 209 00:10:38,680 --> 00:10:42,800 And even if he did win, we don't know, you know, what things he's 210 00:10:42,800 --> 00:10:45,600 actually able to implement and how soon he's able to implement 211 00:10:45,600 --> 00:10:47,240 them. So it's almost like the 212 00:10:47,240 --> 00:10:49,760 landscape for crypto having been like so bullish as just like 213 00:10:50,480 --> 00:10:53,520 being flipped on its head once again because of these technical 214 00:10:53,520 --> 00:10:56,440 cell pressures and also because the politics has gone in the 215 00:10:56,440 --> 00:11:01,200 wrong direction that we wanted to see for crypto. 216 00:11:02,400 --> 00:11:04,280 But you know, like whenever, when everything feels shit and 217 00:11:04,280 --> 00:11:06,080 everything feels bad, that's supposed that's the time you're 218 00:11:06,080 --> 00:11:08,720 supposed to be buying. And I think if you know, what 219 00:11:08,720 --> 00:11:11,240 you have to remember now is we're going to go through month 220 00:11:11,240 --> 00:11:14,400 after month after month of rate cuts because the Fed base rates 221 00:11:14,560 --> 00:11:16,840 right now is at 5:25 to 5:50 basis points. 222 00:11:16,840 --> 00:11:20,880 That's like a ton of rate cuts that the Fed is able to do over 223 00:11:20,880 --> 00:11:22,720 the next year or two if they need to. 224 00:11:22,720 --> 00:11:26,320 So we're in rate cut season now. We will be from next month. 225 00:11:26,320 --> 00:11:29,160 And that does change the way the market behaves and the market 226 00:11:29,160 --> 00:11:31,560 reacts and the psychology of the market. 227 00:11:31,560 --> 00:11:34,600 So there's a hope there that, you know, we get crypto going 228 00:11:34,600 --> 00:11:37,360 again, but you know, we just haven't had that spillover from 229 00:11:37,360 --> 00:11:40,560 Tradfy to crypto just because so much of Tradfy has actually done 230 00:11:40,560 --> 00:11:44,040 well this year and outperformed crypto as well. 231 00:11:44,040 --> 00:11:48,000 So yeah, I don't know. I'm kind of feeling like if I 232 00:11:48,000 --> 00:11:50,280 hadn't taken any profits this year, I would take some profits 233 00:11:50,280 --> 00:11:53,480 here if I was still up. But I think if you've taken 234 00:11:53,760 --> 00:11:55,560 enough profits, which I feel like I have, that I'm just kind 235 00:11:55,560 --> 00:11:59,560 of holding here. I think if it drops 2030% like 236 00:11:59,560 --> 00:12:01,880 on majors, I would buy that. I think that's kind of how I 237 00:12:01,880 --> 00:12:03,880 feel right now. Wait, you saying we're dropping 238 00:12:03,880 --> 00:12:07,360 2030% majors? If we drop 2030% majors that I 239 00:12:07,360 --> 00:12:09,360 would buy that, but I'm not going to buy here. 240 00:12:09,360 --> 00:12:12,200 Like that's the drop I want to see for me to add risk here I 241 00:12:12,200 --> 00:12:15,360 think. So what the hell is a Bitcoin 242 00:12:15,400 --> 00:12:19,920 death cross? Like it's a chart pattern that 243 00:12:19,920 --> 00:12:23,360 people seem to really live by, but I swear there's a death 244 00:12:23,360 --> 00:12:26,200 cross a few weeks ago. There's been many death crosses. 245 00:12:26,200 --> 00:12:28,360 Like it's not predictive. Well, that's. 246 00:12:28,760 --> 00:12:32,280 What it looks like generate the image of a Bitcoin death cross. 247 00:12:34,040 --> 00:12:35,880 I feel like there's been a death cross every other week. 248 00:12:36,480 --> 00:12:37,680 Yeah, what the fuck? Exactly. 249 00:12:38,400 --> 00:12:39,800 It's. A death cross on the weekly, 250 00:12:39,880 --> 00:12:46,360 which is generally like a a longer term, like a longer term 251 00:12:46,400 --> 00:12:51,600 trend following, which basically means that the what it normally 252 00:12:51,600 --> 00:12:55,680 means is that the the short term indicator has now gone below the 253 00:12:55,680 --> 00:12:58,080 long term indicator. So. 254 00:12:58,840 --> 00:13:03,960 Oh when the 50 MA and tournament was got it. 255 00:13:04,120 --> 00:13:08,000 But does that mean up or down? Normally it would mean down but 256 00:13:08,000 --> 00:13:10,760 it but but it also can just mean we're in for a period of chop. 257 00:13:11,840 --> 00:13:14,720 Yeah, like we have been since February 29th, 2020. 258 00:13:14,720 --> 00:13:17,120 Fourth, it's a love of. I mean, look at this thing, 259 00:13:17,120 --> 00:13:23,240 brother, it's February still. Yeah, not great, not great. 260 00:13:23,240 --> 00:13:30,440 So Bitcoin's looking at 58. Two ETH is 2590 and Solana is 261 00:13:30,600 --> 00:13:33,680 just 140. Just just that 140 here. 262 00:13:33,680 --> 00:13:36,280 So hang tight everyone, hang tight. 263 00:13:36,480 --> 00:13:39,080 Summer's not over. We need these investment 264 00:13:39,080 --> 00:13:40,560 advisors to come back from the Hamptons. 265 00:13:40,560 --> 00:13:41,880 Just give him a couple more weeks. 266 00:13:42,160 --> 00:13:46,880 September 2nd is Labor Day, you know, just just in the words of 267 00:13:46,880 --> 00:13:53,200 Raoul pal, don't fuck this up. Just sit this one out and wait 268 00:13:53,200 --> 00:13:55,520 for it. Speaking of politics, a flipping 269 00:13:55,520 --> 00:13:59,320 question for you guys. So when the market crashed on 270 00:13:59,320 --> 00:14:01,440 that Monday, right? Was it this it was the Monday 271 00:14:01,440 --> 00:14:03,600 before it was the last Monday. I lose track of time the. 272 00:14:04,360 --> 00:14:06,840 Last Monday I think. Last Monday, so that was the 273 00:14:06,840 --> 00:14:10,360 Kamala crash. But now that the market is about 274 00:14:10,360 --> 00:14:15,160 to have its best week of the year, is that also the Kamala 275 00:14:15,160 --> 00:14:19,440 pump or is that the Trump pump? How does it work here? 276 00:14:20,560 --> 00:14:23,160 It's fine That was the problem with the the Trump campaign 277 00:14:23,160 --> 00:14:26,680 branding at the Kamala crash is because then it it'd be shape 278 00:14:26,680 --> 00:14:30,240 recovered. So is it the Kamala? 279 00:14:30,240 --> 00:14:32,840 I mean, it was the yen Kerry trade like unwinding and then 280 00:14:33,120 --> 00:14:36,880 the Bank of Japan stepped in and said we're not, we're going to 281 00:14:36,880 --> 00:14:38,600 kick the can down the road. Not. 282 00:14:38,640 --> 00:14:39,840 Great. It's all just silly. 283 00:14:40,200 --> 00:14:42,520 The most interesting thing happening, I think and we can 284 00:14:42,520 --> 00:14:44,880 talk about the polymarket the the fun Dijon bets on the 285 00:14:44,880 --> 00:14:46,960 speeches maybe later in in. My segment. 286 00:14:47,320 --> 00:14:49,920 But Kamala is like starting to introduce her economic policy 287 00:14:49,920 --> 00:14:53,720 and it's got like some got some very interesting components. 288 00:14:54,480 --> 00:15:00,000 I think a lot that are being received fairly negatively, I 289 00:15:00,000 --> 00:15:02,920 guess depending on kind of which side of the aisle you're on. 290 00:15:02,920 --> 00:15:05,360 But she's talking with some fairly extreme stuff like 291 00:15:05,640 --> 00:15:09,440 $25,000 credits for first time home buyers, price controls on 292 00:15:09,440 --> 00:15:12,760 groceries. I think it's a few other 293 00:15:12,760 --> 00:15:16,960 additional price controls. So it's it's going to be an 294 00:15:16,960 --> 00:15:19,080 interesting DNC to to see her really roll this. 295 00:15:19,080 --> 00:15:21,600 Out what is that today? DNC starts next Monday. 296 00:15:22,000 --> 00:15:24,120 Next Monday, OK, well I guess we'll see. 297 00:15:24,560 --> 00:15:27,080 It also doesn't help the markets that now where this monkey pox 298 00:15:27,080 --> 00:15:31,000 shit is all over the place. So there's definitely a lot 299 00:15:31,120 --> 00:15:34,400 happening in the world and it's a little weird. 300 00:15:34,440 --> 00:15:44,240 Anyways, Tyler, let's see what you got today. 301 00:15:47,720 --> 00:15:49,080 Yeah, it's a bit of a slower day. 302 00:15:49,080 --> 00:15:52,000 So for starters, we saw crypto majors lagging stocks, Bitcoin 303 00:15:52,000 --> 00:15:55,480 holding right at 58350. Right now. 304 00:15:55,680 --> 00:15:57,080 I'm wearing the Bitcoin propaganda hat. 305 00:15:57,080 --> 00:16:00,440 That's for a reason. New ETF, Defiance ETF, they 306 00:16:00,440 --> 00:16:04,360 offered a new product, it's levered access to MicroStrategy 307 00:16:04,360 --> 00:16:05,200 stock. Nice. 308 00:16:05,600 --> 00:16:07,480 And it caught $22 million yesterday. 309 00:16:07,480 --> 00:16:09,080 So we'll perhaps we'll go into that in a minute. 310 00:16:09,280 --> 00:16:12,440 By dance, they restarted their India business and the potential 311 00:16:12,440 --> 00:16:15,920 sign, I think Zusu was commenting on this, of crypto's 312 00:16:15,920 --> 00:16:18,520 return to India. So that's a big one to watch. 313 00:16:18,880 --> 00:16:22,240 Trump's press conference sold two and a half, $1,000,000 bet 314 00:16:22,360 --> 00:16:25,840 on on Polymark again, just on which words he would say. 315 00:16:25,840 --> 00:16:29,160 So Polymark continues to kill it on these live events. 316 00:16:29,960 --> 00:16:32,760 Tampon baby. Tampon hits again. 317 00:16:33,040 --> 00:16:36,880 Must to the D Jin's delight. It memes. 318 00:16:36,880 --> 00:16:41,240 Meme coin majors more red than the the crypto majors pretty 319 00:16:41,240 --> 00:16:45,720 much down 1 to 7%. Only three memes over 10 million 320 00:16:45,720 --> 00:16:48,320 market cap were in green on the day that I saw across all 321 00:16:48,320 --> 00:16:50,960 chains. So that was pretty rough Rooms 322 00:16:50,960 --> 00:16:52,200 are actually looking a little bit better. 323 00:16:52,200 --> 00:16:54,760 Pups was actually up on the day and then pack moon they delayed 324 00:16:54,760 --> 00:16:57,800 their launch to their army launch is delayed till next 325 00:16:57,800 --> 00:17:00,280 week. So we're going to have to wait a 326 00:17:00,280 --> 00:17:02,760 little bit longer for that and NFTS kind of interesting 327 00:17:02,760 --> 00:17:04,960 headline here. Meta St. launched a new AirDrop 328 00:17:04,960 --> 00:17:08,240 pass. It allows users to trade future 329 00:17:08,240 --> 00:17:11,520 AirDrop yield, allowing that discounted NFTS and more. 330 00:17:11,520 --> 00:17:13,359 They they separate them into two tokens. 331 00:17:13,640 --> 00:17:15,839 Rec drinks. Let's go introduce new daily 332 00:17:15,839 --> 00:17:19,599 claims and streaks offering fifty daily drink points for 333 00:17:19,599 --> 00:17:22,319 users. Rec guys pumped on the news up 334 00:17:22,319 --> 00:17:25,640 30% to .39. I think they're up 100% now on 335 00:17:25,640 --> 00:17:27,800 the week. Those Robit prizes are getting 336 00:17:27,800 --> 00:17:30,800 better, folks. A couple other quick headlines, 337 00:17:30,920 --> 00:17:33,800 Doodles, their new single Not in the Store debuted on Spotify 338 00:17:33,800 --> 00:17:35,720 today, so you can you can listen to that. 339 00:17:35,720 --> 00:17:38,760 And then Sotheby's announced a new Digital Art Day sale over 60 340 00:17:38,760 --> 00:17:40,200 lots. But Enzo's, punks, Ringer 341 00:17:40,200 --> 00:17:43,080 squiggles and more. So digital art is back. 342 00:17:43,680 --> 00:17:46,200 Oh, NFTS are sold back? They're sold back. 343 00:17:46,200 --> 00:17:50,160 That actually rejected a $41,000 bid on my Doomed yesterday by X 344 00:17:50,160 --> 00:17:52,880 copy and this morning I woke up. I don't know if I'm absolutely 345 00:17:53,160 --> 00:17:56,480 redacted or not, I guess we'll find out. 346 00:17:56,880 --> 00:17:59,080 Ovi asked you for your opinion but you were asleep and then he 347 00:17:59,080 --> 00:18:03,760 had He gave me an hour to to to to make A to accept the deal or 348 00:18:03,760 --> 00:18:04,560 not. So it's OK. 349 00:18:04,640 --> 00:18:06,480 I DM Raul after that and told him you. 350 00:18:06,520 --> 00:18:08,000 Accept it. You told him no. 351 00:18:09,120 --> 00:18:13,280 Nothing leaving. No, it was 15 1/2, sixteen 8th 352 00:18:13,280 --> 00:18:14,240 for the doomed. Come on. 353 00:18:14,240 --> 00:18:18,560 I have a little respect for the for the first ever, you know, X 354 00:18:18,560 --> 00:18:21,000 copy edition ever. They don't make them like that 355 00:18:21,000 --> 00:18:24,680 no more, right? True. 356 00:18:24,760 --> 00:18:26,200 It's a. It's a real collector's item. 357 00:18:26,200 --> 00:18:29,000 It's definitely a true a true collector. 358 00:18:29,000 --> 00:18:31,760 'S item that was laughing behind his cameras like shit, this gets 359 00:18:31,760 --> 00:18:36,640 so redacted anyways anyways, NFTS are so bad let's talk about 360 00:18:36,640 --> 00:18:38,080 a few things. So I do want to get to the red 361 00:18:38,080 --> 00:18:40,640 guy stuff, especially because we have Ovie here, the father of 362 00:18:40,640 --> 00:18:43,040 the red guy and red drinks and drank and all that good stuff. 363 00:18:43,040 --> 00:18:46,680 So we'll get to that. But first, Tyler, talk to me 364 00:18:46,680 --> 00:18:49,400 about yesterday and those and those, those, those odds. 365 00:18:49,400 --> 00:18:51,880 And I want to know what you got today for what Kamala is going 366 00:18:51,880 --> 00:18:53,760 to say because damn, we hit. We hit. 367 00:18:55,800 --> 00:18:59,000 I'm deep into I didn't, I didn't go as hard on yesterday's 368 00:18:59,000 --> 00:19:00,200 pressure. Let me pull this up. 369 00:19:02,680 --> 00:19:04,560 So, yeah. So Trump had a press conference 370 00:19:04,560 --> 00:19:07,320 yesterday. Like, once again, he kind of 371 00:19:07,320 --> 00:19:09,960 meandered around and rambled for quite some time. 372 00:19:10,200 --> 00:19:11,920 But the big difference between this and the Elon's speech is 373 00:19:11,920 --> 00:19:17,080 almost everything hit. Almost all of them hit so MAGA 374 00:19:17,080 --> 00:19:19,800 hit tampon hit illegal immigration fake news, China 375 00:19:19,800 --> 00:19:23,440 Elon debate fire artificial intelligence all hit some of 376 00:19:23,440 --> 00:19:25,720 those were were decent underdogs tampon was a pretty big 377 00:19:25,720 --> 00:19:28,920 underdog. I think notably crypto Bitcoin 378 00:19:28,920 --> 00:19:32,800 did not get touched on again in his speech where he went around 379 00:19:32,800 --> 00:19:35,160 the horn I had oh so I had a bad beat on this. 380 00:19:35,160 --> 00:19:38,040 I only bet on two. I bet on fake news to hit, which 381 00:19:38,040 --> 00:19:40,000 was about even that hit. Yes. 382 00:19:40,320 --> 00:19:43,240 And I said no on fire, fire because I didn't think he would 383 00:19:43,240 --> 00:19:45,760 talk about firing anyone in this campaign, which was is what the 384 00:19:46,480 --> 00:19:49,840 the word was in there for. But he said it in a different 385 00:19:49,840 --> 00:19:52,480 context, saying he was going to fire up the nuclear plants. 386 00:19:52,560 --> 00:19:55,880 So like that's the that's the risk that he didn't face when 387 00:19:55,880 --> 00:19:58,800 when you're betting on words is they can come across in 388 00:19:58,800 --> 00:20:01,400 different contexts. So does it settle in positively 389 00:20:01,400 --> 00:20:02,120 for you? It does. 390 00:20:02,120 --> 00:20:03,800 I mean he just has to say the word they don't care about. 391 00:20:03,800 --> 00:20:05,680 The Let's go. Just say the word. 392 00:20:05,800 --> 00:20:08,000 Say the word. Oh yeah, so I lost that the. 393 00:20:08,160 --> 00:20:11,200 Easy one was Elon because it was Elon or Musk and just got out of 394 00:20:11,200 --> 00:20:13,240 Elon. I hit on tampon again, obviously 395 00:20:13,240 --> 00:20:15,400 because that was good. So it was it was a good day. 396 00:20:15,400 --> 00:20:17,360 I turned the whole 500 bucks to $1000. 397 00:20:17,880 --> 00:20:21,040 You know, call me GCR. I cannot believe that two and a 398 00:20:21,040 --> 00:20:22,200 half million dollars was bet on this. 399 00:20:22,200 --> 00:20:24,280 Like the Elon Trump thing. Like, that felt like kind of 400 00:20:24,280 --> 00:20:27,480 like a Super Bowl for like spaces. 401 00:20:27,560 --> 00:20:30,720 Oh no, it's politics. But like man, if a random 402 00:20:30,720 --> 00:20:33,040 Thursday press conference sees two and a half million dollars 403 00:20:33,040 --> 00:20:34,760 but. So what do we got today? 404 00:20:34,760 --> 00:20:36,000 I What do we? Got Amala? 405 00:20:36,320 --> 00:20:39,680 Amala, I mean, coconut is not bad, you know, I like crypto 406 00:20:39,680 --> 00:20:42,040 because it's very low. And The thing is, she just had 407 00:20:42,040 --> 00:20:44,720 her crypto reset thingy so you could, I don't know. 408 00:20:45,240 --> 00:20:48,440 Yeah, I already made my card. Let me try to find this. 409 00:20:48,920 --> 00:20:51,560 What will Kamala Harris say during today's speech? 410 00:20:51,560 --> 00:20:55,480 So I went no on gouge gouging 5 times. 411 00:20:55,480 --> 00:20:57,600 I don't think she's going to say it five times that that's too 412 00:20:57,600 --> 00:21:01,320 much price control. I like it at 3:00 to 1:00. 413 00:21:01,320 --> 00:21:06,080 And then on that not going back, that is like kind of her one of 414 00:21:06,080 --> 00:21:08,280 her campaign slogans not going back. 415 00:21:08,280 --> 00:21:11,800 So I think that one is, is a likely one to hit yes on 416 00:21:11,800 --> 00:21:14,400 abortion at $0.60. I I like that one. 417 00:21:14,400 --> 00:21:17,040 And then no on Ukraine. I'm just up training you right 418 00:21:17,040 --> 00:21:18,440 now. Like as you're talking, I'm just 419 00:21:18,800 --> 00:21:20,600 throwing $100 bets at everything so. 420 00:21:20,680 --> 00:21:24,280 The the difference for Kamala is like, she's like the opposite of 421 00:21:24,280 --> 00:21:26,600 Trump, where Trump just kind of says whatever is on his mind and 422 00:21:26,600 --> 00:21:30,440 he just goes around the horn. She's going to be tight on 423 00:21:30,440 --> 00:21:32,480 screen. She's teleprompted and pretty. 424 00:21:32,520 --> 00:21:35,040 Much like you're betting on. What are her speech writers 425 00:21:35,800 --> 00:21:38,160 going to put in the speech? Keeps writers in control. 426 00:21:38,160 --> 00:21:41,000 The speech writers on Polymarket right now, bro, they are like 427 00:21:41,000 --> 00:21:43,560 we, you know, they're, they're betting, they're getting ready. 428 00:21:43,560 --> 00:21:46,000 Like imagine the M effort that gets to write the speech and at 429 00:21:46,000 --> 00:21:47,920 the same time gets to make money on the speech. 430 00:21:48,320 --> 00:21:52,080 Imagine that's the thing. So like, at what point it's 431 00:21:52,080 --> 00:21:54,320 like, are the speech writers going to start? 432 00:21:55,000 --> 00:21:57,160 And there's enough money on this where I mean, you could, you 433 00:21:57,160 --> 00:21:59,000 could make some pretty. What are we like? 434 00:21:59,120 --> 00:22:01,080 You're probably not going to pull 6 figures, but like you 435 00:22:01,080 --> 00:22:04,640 could you could pull 50K. You knew all the. 436 00:22:05,120 --> 00:22:06,480 Interesting I. Mean if you could write the 437 00:22:06,480 --> 00:22:09,000 speech, or if you had access to the speech early. 438 00:22:09,080 --> 00:22:11,520 There's enough liquidity to to win 50K on this. 439 00:22:11,560 --> 00:22:14,400 What what other yeses you have abortion and. 440 00:22:15,320 --> 00:22:19,400 Yes on price control, yes on not going back, yes on abortion, no 441 00:22:19,400 --> 00:22:22,680 on gouge five times. She she just doesn't repeat. 442 00:22:22,680 --> 00:22:25,360 I don't think she's going to repeat herself like like like 443 00:22:25,360 --> 00:22:26,840 Trump does. She's not going to go around the 444 00:22:26,840 --> 00:22:29,680 horn as many times. And then no on Ukraine. 445 00:22:29,680 --> 00:22:31,560 I don't know why she would bring up Ukraine, really. 446 00:22:32,240 --> 00:22:33,960 Interesting. What do we think OV Amanda? 447 00:22:33,960 --> 00:22:35,400 What do? What do we what do we think 448 00:22:35,400 --> 00:22:36,880 here? What does Kamala likes to talk 449 00:22:36,880 --> 00:22:39,120 about? Honestly, like I'm just so like 450 00:22:39,120 --> 00:22:41,040 I just feel like I'm in a different world right now, like. 451 00:22:41,280 --> 00:22:43,680 This is this is the European. There's nothing else for us to 452 00:22:43,680 --> 00:22:45,320 do, Amanda. We can't. 453 00:22:45,320 --> 00:22:47,720 We can't bet on memes anymore. They all went to 0. 454 00:22:48,160 --> 00:22:52,280 I think not going to say tampon or not, I just, I you're 455 00:22:52,280 --> 00:22:55,000 witnessing this is now what crypto is like. 456 00:22:56,120 --> 00:22:59,880 This is what everyone's doing. They've moved on from from memes 457 00:22:59,880 --> 00:23:01,840 to this. I mean, what memes? 458 00:23:02,320 --> 00:23:03,600 What memes? Are you just looking at the 459 00:23:03,600 --> 00:23:05,200 market? That's what I mean. 460 00:23:05,200 --> 00:23:06,800 It's like now this is what we're doing. 461 00:23:08,480 --> 00:23:11,160 Let's be honest, like we are just in the gambling industry at 462 00:23:11,160 --> 00:23:14,760 this stage. There's no, there's just, it's 463 00:23:14,760 --> 00:23:18,240 made it so pure when we're just betting on words, which Trump 464 00:23:18,240 --> 00:23:20,520 would say. Or Kamala at this stage? 465 00:23:20,880 --> 00:23:23,240 At this stage, yeah. I mean, Obi, what do you think 466 00:23:23,240 --> 00:23:26,840 of this whole, this whole, you know, arc? 467 00:23:28,040 --> 00:23:31,280 Not surprised really. Like at the end of the day, the 468 00:23:31,280 --> 00:23:33,720 main reason why everyone's in crypto is just fucking gambling. 469 00:23:33,720 --> 00:23:39,080 And this is like an extension of that, but just on random things. 470 00:23:39,080 --> 00:23:41,760 And if you look at I mean, we have like a quite a big like 471 00:23:42,000 --> 00:23:46,200 sports betting industry in the UK and it's not like, you know, 472 00:23:46,200 --> 00:23:48,480 and then the US and some states, it's not really legal and stuff, 473 00:23:48,480 --> 00:23:52,000 but like the idea of like spot betting in the UK on just random 474 00:23:52,000 --> 00:23:54,680 things like, oh, how many yellow cars will this guy get? 475 00:23:54,680 --> 00:23:57,480 Or like, you know, when will this guy take a corner and all 476 00:23:57,480 --> 00:24:01,480 that kind of stuff has has been here for a long time and betting 477 00:24:01,480 --> 00:24:03,560 on stuff like this has also existed in the UK as well. 478 00:24:04,640 --> 00:24:07,480 But and the ability to cash out of your positions and all that 479 00:24:07,480 --> 00:24:09,280 kind of stuff. Like it's been around for a long 480 00:24:09,280 --> 00:24:11,560 time here. So it's not new to me. 481 00:24:11,560 --> 00:24:16,560 But I guess just the adoption of it for something around like a 482 00:24:16,560 --> 00:24:20,720 big event like the US elections and it getting to to the stage 483 00:24:20,720 --> 00:24:23,600 of like betting on random words and speeches and stuff. 484 00:24:23,600 --> 00:24:26,920 It's kind of crazy, but I didn't my initial thought is like, you 485 00:24:26,920 --> 00:24:29,760 know, how much how much of this stuff is that getting fixed and 486 00:24:29,760 --> 00:24:30,840 stuff? You know what I mean? 487 00:24:30,840 --> 00:24:33,880 Like Trump, we already know all the Trump's are pretty dicey 488 00:24:33,880 --> 00:24:36,120 people from from recent experiences. 489 00:24:36,120 --> 00:24:39,040 So you know, all they've got to do is like one is like kill dad, 490 00:24:39,040 --> 00:24:40,760 make sure you say tampon. Let's just put a load on it. 491 00:24:40,760 --> 00:24:43,400 And then I don't know, I said dad, That's right. 492 00:24:43,440 --> 00:24:48,280 I didn't feel that, but. Well, yeah, I mean, remember 493 00:24:48,280 --> 00:24:51,400 RTR, that was like two months ago that was. 494 00:24:51,800 --> 00:24:53,920 Feels like two months ago. Have you recovered? 495 00:24:55,320 --> 00:24:58,320 Yeah, I didn't I mean I just took a big bet on it, didn't I 496 00:24:59,400 --> 00:25:01,840 calculated bet and it just didn't didn't work out. 497 00:25:01,840 --> 00:25:04,200 So it is what it is like in a way, in some ways I'd rather 498 00:25:04,200 --> 00:25:07,840 have lost like the amount that I did then then lost like a 499 00:25:07,840 --> 00:25:10,960 smaller amount like at least I like went for it. 500 00:25:12,000 --> 00:25:14,520 But this is, you know, whatever like. 501 00:25:15,360 --> 00:25:17,320 Oh yeah. It's annoying, but I didn't 502 00:25:17,320 --> 00:25:18,760 really. I'm not like that upset about 503 00:25:18,760 --> 00:25:20,160 it. I would have maybe put it this 504 00:25:20,160 --> 00:25:24,480 way, I get more upset about situations where when I think to 505 00:25:24,480 --> 00:25:27,840 myself, man, if I had the same information as I did at that 506 00:25:27,840 --> 00:25:29,480 point in time, I would have made a different decision now. 507 00:25:29,480 --> 00:25:31,960 Whereas if I went back in to that moment, I had the same 508 00:25:31,960 --> 00:25:33,760 information as I did then I would have made the same 509 00:25:33,760 --> 00:25:35,120 decision. So yeah, that. 510 00:25:36,240 --> 00:25:39,320 Makes sense, Can't. Be can't be upset about about at 511 00:25:39,320 --> 00:25:42,240 myself about that. Yeah, that dumbest makes sense, 512 00:25:42,240 --> 00:25:44,000 Tyler. Another thing that actually we 513 00:25:44,000 --> 00:25:45,720 have obvious. So it kind of ties up to what 514 00:25:45,720 --> 00:25:47,880 you're involved in. But Tyler, tell me the latest on 515 00:25:47,880 --> 00:25:49,600 Packman. So they they they delayed that 516 00:25:49,600 --> 00:25:50,520 one week. Was there a reason? 517 00:25:51,440 --> 00:25:54,480 I just to have more time to make sure they roll it out seamlessly 518 00:25:54,480 --> 00:25:57,960 and there's a lot of holders, a lot can go wrong. 519 00:25:57,960 --> 00:26:02,760 So they want to do it right and like I'll say, I think it's fine 520 00:26:02,760 --> 00:26:04,880 like this. This market's kind of crap right 521 00:26:04,880 --> 00:26:05,680 now. Like who cares? 522 00:26:05,680 --> 00:26:08,000 Let's wait a few more days. I don't think anyone's in a in a 523 00:26:08,000 --> 00:26:10,360 huge rush. They they actually on the nifty 524 00:26:10,360 --> 00:26:12,000 show. I think they did an interesting 525 00:26:12,000 --> 00:26:18,080 over under on Army, Army market cap next Friday, 4 million. 526 00:26:20,040 --> 00:26:21,600 I mean I think I'm way over that. 527 00:26:22,000 --> 00:26:23,320 I think I would set the line 4 million. 528 00:26:23,920 --> 00:26:26,640 Are we doing another blasting? We're. 529 00:26:27,200 --> 00:26:28,280 Back. We're back. 530 00:26:30,280 --> 00:26:31,320 Nah, Nah, Nah. You can't. 531 00:26:31,600 --> 00:26:34,280 You gotta, you gotta, you know, price this versus where. 532 00:26:34,840 --> 00:26:38,200 You know well. What is Sam? 533 00:26:38,240 --> 00:26:40,760 What is what is Sam say? What's 9059 say? 534 00:26:40,760 --> 00:26:42,640 I mean Ovie. I mean, you're you're. 535 00:26:43,080 --> 00:26:46,080 The you're the. You're the ex Fresh Prince of 536 00:26:46,080 --> 00:26:47,960 blast. I mean what do you think on pack 537 00:26:47,960 --> 00:26:50,240 when you you've got your bag, you're you're burning your pack. 538 00:26:50,240 --> 00:26:52,800 When I saw your posts about it, what do you think happens? 539 00:26:53,120 --> 00:26:56,760 I don't I'm I'm sort of with Tyler, obviously bag speaking, 540 00:26:56,760 --> 00:27:02,480 but you know, like. That market cap is incorrect by. 541 00:27:02,480 --> 00:27:04,440 The way that market cap's not right, yeah, because all the 542 00:27:04,720 --> 00:27:06,920 most of it's been burnt. So where do I see the right 543 00:27:07,160 --> 00:27:09,040 current market? I don't I don't even know 544 00:27:09,160 --> 00:27:12,840 honestly, but it's it's over 4 million right now yeah I. 545 00:27:13,000 --> 00:27:15,440 Think it's like around 12 or something like that, right? 546 00:27:15,440 --> 00:27:16,920 Like 11 or 12. Yeah. 547 00:27:17,760 --> 00:27:19,120 OK, so we'll we'll shut we'll. Close. 548 00:27:19,120 --> 00:27:24,040 I think it should compete with like the mid tier memes on on 549 00:27:24,040 --> 00:27:26,520 Seoul. I think the best mid tier memes 550 00:27:26,520 --> 00:27:31,120 get to like 100 to 150 because PAC moon does have a massive 551 00:27:31,120 --> 00:27:34,840 community and it had 100,000 fault holders. 552 00:27:35,120 --> 00:27:37,400 They have like 250K Twitter followers. 553 00:27:37,720 --> 00:27:40,000 Like they really did nail the social engagement game. 554 00:27:40,000 --> 00:27:44,640 So based on like the size of the community, you would think it 555 00:27:44,640 --> 00:27:48,320 should be like one of the top mid tier memes, which I think is 556 00:27:48,320 --> 00:27:50,280 one to 100 to 150. Now the question you have to ask 557 00:27:50,280 --> 00:27:53,520 yourself is once everyone bridges, is this just like exit 558 00:27:53,520 --> 00:27:55,320 liquidity for everyone and people are just going to dump 559 00:27:55,320 --> 00:27:57,120 straight away? Or are people going to wait and 560 00:27:57,120 --> 00:27:59,880 see and and watch you go higher? But I just think the team is 561 00:27:59,880 --> 00:28:04,480 really good at like creating social engagement and creating 562 00:28:04,480 --> 00:28:07,480 this community feeling to it. And I think if they can run it 563 00:28:07,480 --> 00:28:10,320 back and do it again, there's no reason why it can't compete with 564 00:28:10,320 --> 00:28:12,720 some of these other coins. And I like it because it's, you 565 00:28:12,800 --> 00:28:15,000 know, like with Seoul, you just have all the same fucking people 566 00:28:15,000 --> 00:28:17,960 and the same fucking coins. And that's why it's so PvP, 567 00:28:17,960 --> 00:28:19,080 right? It's just the same group of 568 00:28:19,080 --> 00:28:22,040 people, whereas this is now a different group of people and 569 00:28:22,040 --> 00:28:24,800 none of the sole guy, none of the typical soul guys will own 570 00:28:24,800 --> 00:28:27,440 this and they'll probably all fight it out the gates as well 571 00:28:27,640 --> 00:28:29,040 anyway just because they don't own it. 572 00:28:29,040 --> 00:28:31,560 And so I think all those things are quite constructive for it. 573 00:28:32,200 --> 00:28:34,960 But it's just a question of like who the additional buyers are 574 00:28:34,960 --> 00:28:36,680 going to be in the thick and like really now that social 575 00:28:36,680 --> 00:28:38,680 engagement game. And the trick for them is going 576 00:28:38,680 --> 00:28:41,000 to be wanting to make the current holders feel like they 577 00:28:41,000 --> 00:28:44,280 want to hold for hire rather than necessarily needing in 578 00:28:44,280 --> 00:28:46,960 needing new guys to come in because new guys will come in if 579 00:28:46,960 --> 00:28:50,040 people don't dump it, I think. What do you think Mando over 580 00:28:50,040 --> 00:28:53,200 under 4 mil by next Friday? I mean we are the non bag 581 00:28:53,200 --> 00:28:55,560 holders versus the bag holders on the right of the screen, 582 00:28:55,680 --> 00:28:56,360 right? I haven't. 583 00:28:56,440 --> 00:28:59,800 I just, I don't have a strong view on it, but the way that 584 00:28:59,800 --> 00:29:03,200 it's being spoken about, it has echoes of things that I've 585 00:29:03,200 --> 00:29:04,280 heard. Last call baby. 586 00:29:05,280 --> 00:29:07,320 Last call baby. I just haven't. 587 00:29:07,400 --> 00:29:09,200 I like, I really don't, but it's the same. 588 00:29:09,600 --> 00:29:11,720 It's the same group and they're all. 589 00:29:12,440 --> 00:29:15,240 They're all have a. Thesis around how where they 590 00:29:15,240 --> 00:29:18,440 should trade and. I really like all I can tell. 591 00:29:19,080 --> 00:29:22,200 Everyone's had a chance to sell. This thing is down only for for 592 00:29:22,200 --> 00:29:24,280 two months. It's down 90%. 593 00:29:24,480 --> 00:29:32,360 The blast KOL cabal is OSF Tyler nine O 59 Jen deffer reward that 594 00:29:32,360 --> 00:29:34,280 he left before it was too late he's just. 595 00:29:35,040 --> 00:29:38,200 Out of that. He's a genius. 596 00:29:39,120 --> 00:29:41,520 They they they booted him out of fantasy Top for that. 597 00:29:42,560 --> 00:29:47,720 Rightfully so. The guy said yo, fuck this, I'm 598 00:29:47,720 --> 00:29:50,400 out by the way, fantasy top. I record a bunch of teams on 599 00:29:50,400 --> 00:29:51,240 that. We should talk about this in a 600 00:29:51,240 --> 00:29:54,600 second time, but so blast is trading at what I'm just trying 601 00:29:54,600 --> 00:29:55,840 to pull out the entire why am I on the? 602 00:29:56,000 --> 00:29:59,280 Ball bad looking chart. I'm just trying to. 603 00:30:00,640 --> 00:30:07,040 OK, so this is the blast chart. So yeah, I mean, yeah, I mean, 604 00:30:07,040 --> 00:30:09,040 good on them to push this a couple days, I guess. 605 00:30:10,040 --> 00:30:12,880 It's not looking good. What's Blast Market? 606 00:30:12,920 --> 00:30:16,120 I, I think, I think blast is a buy here, but you'd have to hold 607 00:30:16,120 --> 00:30:20,320 on to it for, for a while. But yeah, if you're bullish alts 608 00:30:20,320 --> 00:30:21,920 like that's one of the things that I would look at. 609 00:30:23,480 --> 00:30:27,560 Are you bullish alts? Not really. 610 00:30:31,880 --> 00:30:34,600 What do you buy before you? I don't actually, you know, I'm 611 00:30:34,600 --> 00:30:37,120 not bullish on alts, but I do think they're a good bet, if 612 00:30:37,120 --> 00:30:38,560 that makes sense. Yeah. 613 00:30:38,920 --> 00:30:42,520 Like. So many alts are down like 95% 614 00:30:42,520 --> 00:30:46,320 that I kind of feel like throwing in, throwing in a few 615 00:30:46,320 --> 00:30:48,360 just like punts just to see what happens. 616 00:30:48,360 --> 00:30:49,440 But yeah. Yeah. 617 00:30:51,240 --> 00:30:53,120 Like someone, I just thought someone's going to make a shit 618 00:30:53,120 --> 00:30:56,160 load of money on like buying some of the shit that's down so 619 00:30:56,160 --> 00:30:58,960 much. Every time I see this one 620 00:30:58,960 --> 00:31:02,840 Twitter trader talk about alts, about the pump, I see them go 621 00:31:02,840 --> 00:31:05,160 down another 90%. And yesterday he tweeted twice 622 00:31:05,160 --> 00:31:07,720 about them. So I'm, I'm very, I'm fairly 623 00:31:07,720 --> 00:31:09,680 worried about that. I mean, what do you buy first if 624 00:31:09,680 --> 00:31:11,720 you want to have exposure to either you buy mog and Pepe or 625 00:31:11,720 --> 00:31:15,120 do you buy Optimism, Arbitrum and Blast. 626 00:31:15,120 --> 00:31:20,280 No, you buy, well, I don't know like, yeah, sorry for you buy on 627 00:31:20,280 --> 00:31:22,400 the basis of this year, you would buy MOG or Pepe because 628 00:31:22,400 --> 00:31:24,400 they've been a stronger performance. 629 00:31:24,400 --> 00:31:27,040 But meme coins kind of feel a bit weak here as well now. 630 00:31:27,040 --> 00:31:30,120 So I don't know, just the whole market doesn't feel that great. 631 00:31:30,160 --> 00:31:33,160 Right, Ethan FTSET. NFTSI mean let's let's segue 632 00:31:33,160 --> 00:31:35,080 into that. Tyler, talk to me about NFTS. 633 00:31:35,080 --> 00:31:38,040 We'll talk about let's talk about all the NFTS and the red 634 00:31:38,040 --> 00:31:40,120 guy and stuff like that. But Tommy Tyler, what's the 635 00:31:40,120 --> 00:31:42,040 teller? I mean, you know what, you know 636 00:31:42,040 --> 00:31:43,760 what it is? You know, a lot of people say on 637 00:31:43,760 --> 00:31:45,680 the time, like bring me back to 2021. 638 00:31:46,080 --> 00:31:49,080 I don't really want to go back to 21, but I'll tell you, I do 639 00:31:49,080 --> 00:31:52,280 agree with the fact that NFTS are somewhat more fun because it 640 00:31:52,280 --> 00:31:55,160 lasted longer. Like on meme coins, I get rugged 641 00:31:55,160 --> 00:31:58,160 on every six hours at least. NFTS is a slow burner for the 642 00:31:58,160 --> 00:32:01,280 rest of six months. You know, so and you had this 643 00:32:01,280 --> 00:32:04,640 feeling like red guy right now is for the people who are super 644 00:32:04,640 --> 00:32:08,080 in the trenches in the DMS and stuff like it's like 645 00:32:08,080 --> 00:32:10,760 reinvigorating this community feeling that you don't really 646 00:32:10,760 --> 00:32:12,320 get from meme coins as much right. 647 00:32:12,320 --> 00:32:14,240 It's like, what do you what do you see, Tyler right now when 648 00:32:14,240 --> 00:32:16,360 NFTS tell me. Yeah, I feel like whenever the 649 00:32:16,360 --> 00:32:19,800 meme coin sentiment goes terribly South, everyone just 650 00:32:19,800 --> 00:32:24,080 like remembers they like NFTS again, though, like broader NFTS 651 00:32:24,080 --> 00:32:27,840 and still probably down pretty far from all time high like the 652 00:32:27,840 --> 00:32:29,240 news. Well, like if you look at the 653 00:32:29,240 --> 00:32:31,360 market, I mean, it was a slightly red day, but in 654 00:32:31,360 --> 00:32:35,960 general, all the 8th majors were up 10 to 2030% on the week. 655 00:32:35,960 --> 00:32:40,680 So pretty solid comeback from the the dip, but not really 656 00:32:40,680 --> 00:32:44,560 making new local highs just yet. So I go let's you know, let's 657 00:32:44,760 --> 00:32:49,000 hold off on the the big parties. The ordinals are doing OK, like 658 00:32:49,000 --> 00:32:50,800 quantum casts. Honestly, it's a lot of this 659 00:32:50,800 --> 00:32:53,640 like up and down every day. So they're green on the week. 660 00:32:53,640 --> 00:32:56,480 That's good to see. Still mostly red on the the 661 00:32:56,480 --> 00:32:58,320 month. And then the story on Solana is 662 00:32:58,320 --> 00:33:02,320 D gods, clearly that they're outperforming everything. 663 00:33:03,080 --> 00:33:06,280 This news out of meta St. It's actually pretty 664 00:33:06,280 --> 00:33:10,440 interesting. So they they're basically are 665 00:33:10,440 --> 00:33:13,920 splitting NF TS into two tokens and you can you're going to have 666 00:33:13,920 --> 00:33:16,800 an AirDrop pass token and then the basically what's called the 667 00:33:16,800 --> 00:33:18,600 discount pass, but that's the NFT itself. 668 00:33:18,600 --> 00:33:21,800 So you've got the NFT and then you've got the future yield and 669 00:33:21,800 --> 00:33:25,160 the AirDrop pass and you're going to be able to trade each. 670 00:33:25,400 --> 00:33:28,720 And like they're starting with pudgies, little pudgies, honey 671 00:33:28,720 --> 00:33:32,440 jar by bear chain and bitbears SO4 collections that a lot of 672 00:33:32,440 --> 00:33:35,920 folks are speculating there are airdrops coming in the future. 673 00:33:35,920 --> 00:33:41,120 So if you're bullish on abstract potentially doing a token drop 674 00:33:41,120 --> 00:33:43,640 for pudgy holders and you think that's going to be big, you 675 00:33:43,640 --> 00:33:48,800 know, you can go long a pudgy AirDrop pass on the on the 676 00:33:48,840 --> 00:33:51,400 opposite side, if you're holding a Pudgy and you're actually not 677 00:33:51,400 --> 00:33:53,880 thinking that the AirDrop would be that much or they just won't 678 00:33:53,880 --> 00:33:58,360 even do it, you could sell their pass and and get some extra 679 00:33:58,440 --> 00:34:00,720 extra liquidity there. So it's an interesting idea. 680 00:34:01,520 --> 00:34:04,560 We'll, we'll see, you know what adoption looks like. 681 00:34:04,560 --> 00:34:06,240 It's probably the most interesting honestly for Bear 682 00:34:06,240 --> 00:34:07,600 Chain. And I'm not deeper, I'm not as 683 00:34:07,600 --> 00:34:10,600 deep as the the whales are in that, but the the whales and 684 00:34:10,600 --> 00:34:13,239 bear Chain that they've got a lot of these entities and 685 00:34:13,239 --> 00:34:15,280 they're all pretty bullish on this AirDrop. 686 00:34:15,320 --> 00:34:18,719 So I can see that where the that those two collections would be 687 00:34:18,719 --> 00:34:20,679 the one that had the most volume and attention. 688 00:34:21,080 --> 00:34:23,719 Interesting. That Meta St. team is good, by 689 00:34:23,719 --> 00:34:27,120 the way, very sharp team behind that. 690 00:34:27,120 --> 00:34:31,199 So that's interesting. OK, that's some cool stuff going 691 00:34:31,199 --> 00:34:34,199 on in the NFT world. And yeah, so Speaking of NF TS, 692 00:34:34,199 --> 00:34:37,360 I mean, you know, Tyler, you had red guy today in your in your 693 00:34:37,360 --> 00:34:39,639 newsletter. What's the latest on Red Guy 694 00:34:39,639 --> 00:34:41,080 Tyler? And then we're going to ask the 695 00:34:41,280 --> 00:34:44,480 the father of Red Guy himself. Yeah, I mean, we, we want to 696 00:34:44,480 --> 00:34:48,400 hear it from from Ovie, but the the news, new daily claims and 697 00:34:48,400 --> 00:34:50,639 streaks and then everyone's wondering what are these 698 00:34:50,639 --> 00:34:54,840 mysterious Drake ports that that users can earn on a daily basis. 699 00:34:54,840 --> 00:34:57,560 Clearly, the market likes it. What are those of the? 700 00:34:57,680 --> 00:34:59,680 Man himself. What are those? 701 00:35:00,520 --> 00:35:04,640 I have no drank points above the official line is it's above my 702 00:35:04,640 --> 00:35:09,560 pay grade, but it represents your community, your 703 00:35:09,560 --> 00:35:12,200 contribution to the to the wrecked way of life drank 704 00:35:12,200 --> 00:35:14,080 points. But yeah, you know, if you head 705 00:35:14,080 --> 00:35:16,640 over to rewards.wreckeddrinks.com, you 706 00:35:16,640 --> 00:35:19,880 can earn drank points for doing various social quests and stuff 707 00:35:19,880 --> 00:35:22,000 right now. And we're very close to 708 00:35:22,000 --> 00:35:25,240 launching drinks that we manufactured 300,000 drinks, 709 00:35:25,240 --> 00:35:28,400 half of them. Yeah, we just went for it. 710 00:35:28,880 --> 00:35:33,520 Hold on, what the fuck? Yeah, 150 K in the US and 150K 711 00:35:33,520 --> 00:35:37,000 in Europe and they're hopefully going to go on sale pretty soon 712 00:35:37,000 --> 00:35:38,800 in the next few weeks. You're also going to be able to 713 00:35:38,800 --> 00:35:42,040 earn drank points for just purchasing drinks, like real 714 00:35:42,040 --> 00:35:44,640 drinks that you'll the actual wrecked drinks that you'll get 715 00:35:44,880 --> 00:35:48,520 delivered to your home. So right now it's just various 716 00:35:48,520 --> 00:35:52,280 like social quests, you get streaks and stuff for logging in 717 00:35:52,280 --> 00:35:55,240 everyday and having consecutive check insurance. 718 00:35:56,160 --> 00:35:58,160 It's pretty like low effort stuff like we didn't want to 719 00:35:58,360 --> 00:36:00,120 make it that spammy. I know there's been lots like 720 00:36:00,120 --> 00:36:03,840 spammy farming that wasn't really our ambition here. 721 00:36:05,080 --> 00:36:07,160 And the main thing is going to be the drinks once we have them 722 00:36:07,160 --> 00:36:08,600 up. But there's, you know, some fun 723 00:36:08,600 --> 00:36:11,400 stuff you can do on there. You know, if you own a wrecked 724 00:36:11,400 --> 00:36:16,680 guy, it multiplies your points. So you know, if you're, I think 725 00:36:16,680 --> 00:36:18,920 if you're 100 rec guys, you can get two extra points. 726 00:36:18,920 --> 00:36:22,800 But yeah, we launched this maybe about 3 weeks ago, I think, but 727 00:36:22,800 --> 00:36:26,920 we kind of started a bit slow, ironed out the bugs and issues 728 00:36:26,920 --> 00:36:28,720 and stuff. We're still fixing a few bits 729 00:36:28,720 --> 00:36:30,800 and pieces. But yeah, the last two or three 730 00:36:30,800 --> 00:36:33,600 days have just really picked up. I think our like we like 731 00:36:33,880 --> 00:36:37,160 quadrupled the number of users that had registered and we're 732 00:36:37,160 --> 00:36:42,000 like 10X, almost 10X like the Daus, you know, versus a few 733 00:36:42,000 --> 00:36:44,360 days ago. Mando Minutes Partnership, you 734 00:36:44,360 --> 00:36:46,040 know what I'm saying? Mando Minutes partnership out 735 00:36:46,040 --> 00:36:48,560 there. Like oh wow, you you partnered. 736 00:36:48,600 --> 00:36:50,680 Wait, hold on, hold on. You guys announced a Mando 737 00:36:50,680 --> 00:36:53,720 Menace partnership? Bro that's like the fastest 738 00:36:53,720 --> 00:36:56,880 growing newsletter in crypto. Put on last week and things have 739 00:36:57,000 --> 00:36:58,240 the people have loved it, you know? 740 00:36:58,320 --> 00:36:59,920 People have loved it. It's it's true. 741 00:37:00,320 --> 00:37:04,120 When Styler did it partnership, it's not we've been. 742 00:37:04,240 --> 00:37:07,480 Exactly. We got the best newsletters in 743 00:37:07,480 --> 00:37:10,120 crypto right here. Exactly. 744 00:37:11,280 --> 00:37:12,640 But yeah, check it out. You don't. 745 00:37:12,680 --> 00:37:14,400 You don't. Need how do I drink my shot like 746 00:37:14,520 --> 00:37:16,520 you know how you have to verify So I finally made my account and 747 00:37:16,520 --> 00:37:18,480 everything how do I drink today's shot like. 748 00:37:18,600 --> 00:37:21,880 So Scroll down. OK, are you are you logged in? 749 00:37:21,880 --> 00:37:25,400 Yeah, so, so scroll, scroll it further down from the not you 750 00:37:25,400 --> 00:37:28,440 don't work to get the Yeah. So for example, you just have to 751 00:37:28,440 --> 00:37:32,720 press start. Yeah, so you have to connect 752 00:37:32,720 --> 00:37:34,640 your Twitter. Connect my Twitter. 753 00:37:34,640 --> 00:37:36,480 Yeah, yeah, exactly. And then you can like retweet 754 00:37:36,480 --> 00:37:38,960 the tweets and stuff pretty easy. 755 00:37:38,960 --> 00:37:41,800 You don't even need to own a wrecked guy to get involved 756 00:37:41,800 --> 00:37:44,480 here. You know, like anyone can do it 757 00:37:44,480 --> 00:37:47,360 for free. If you own some NFTS you get 758 00:37:47,360 --> 00:37:50,960 points. Like even rug radio, the Genesis 759 00:37:51,000 --> 00:37:53,840 rug radios will get points. I think it's camp. 760 00:37:53,840 --> 00:37:58,320 I pan camp by pandas. I'm surprised you didn't revoke 761 00:37:58,320 --> 00:38:00,360 that. Well, so far still camp by 762 00:38:00,360 --> 00:38:02,160 pandas. It's too soon. 763 00:38:02,920 --> 00:38:06,880 Yeah. Pudgy Penguins, creeps, a few 764 00:38:06,880 --> 00:38:08,040 other things. We're going to add some meme 765 00:38:08,040 --> 00:38:09,960 coins on there as well next week as well. 766 00:38:10,920 --> 00:38:12,880 And although if you have any of those, basically you can connect 767 00:38:12,880 --> 00:38:15,640 to your wallet and you'll get bonus points for signing up and 768 00:38:15,640 --> 00:38:18,200 they're pretty like decent bonus points that there's not nothing. 769 00:38:19,160 --> 00:38:21,080 That's why when you log in, you see Sony people with a lot of 770 00:38:21,080 --> 00:38:23,640 points right now because there are people who've claimed points 771 00:38:23,640 --> 00:38:26,000 for owning stuff. Obviously if you're in a red guy 772 00:38:26,000 --> 00:38:28,280 or any of my art in addition to stuff, you get points too. 773 00:38:28,280 --> 00:38:32,520 So, so yes, yeah, you just definitely I would, I'd 774 00:38:32,520 --> 00:38:36,400 recommend getting involved before it's too late. 775 00:38:37,160 --> 00:38:38,480 I love that. No, this is great. 776 00:38:38,480 --> 00:38:40,280 Congratulations on everything You obviously love to see. 777 00:38:40,280 --> 00:38:42,440 It's a red guy, actually, So that's probably why you made 778 00:38:42,440 --> 00:38:45,840 Tyler's newsletter, because he monitors the market. 779 00:38:45,840 --> 00:38:48,440 Was probably one of the only greens right this week. 780 00:38:49,480 --> 00:38:50,960 Yeah, he's. One of the top top movers of the 781 00:38:50,960 --> 00:38:53,840 day. Top movers of the day up 32% in 782 00:38:53,840 --> 00:38:58,120 the day so well 85% a week. So hope you guys kept your red 783 00:38:58,120 --> 00:38:59,920 guy. The Pepsi points comment why I 784 00:38:59,920 --> 00:39:01,160 brought up made me laugh. Did you? 785 00:39:01,240 --> 00:39:03,080 Do you guys watch the documentary about the Pepsi 786 00:39:03,080 --> 00:39:05,400 points Ovi? I've I've I've not seen it but 787 00:39:05,400 --> 00:39:07,000 I've heard about it. Yeah, you should you. 788 00:39:07,160 --> 00:39:09,320 It's actually the the, the jet thing, right? 789 00:39:09,320 --> 00:39:11,720 Like the our military. Play that was wild. 790 00:39:12,000 --> 00:39:13,920 That was wild. So I forgot the year, but it's 791 00:39:13,920 --> 00:39:16,040 in the 90s. I believe there was Pepsi points 792 00:39:16,040 --> 00:39:19,440 and for having they made a a prize that they thought would be 793 00:39:19,440 --> 00:39:22,440 impossible to achieve would be if you get X amount of Pepsi 794 00:39:22,440 --> 00:39:25,040 points, you get a fighter jet, like an actual military like $30 795 00:39:25,040 --> 00:39:27,800 million fucking fighter jet. Someone actually managed to make 796 00:39:27,800 --> 00:39:30,960 it happen by partnering with the millionaire and like figure out 797 00:39:30,960 --> 00:39:34,720 like a loophole or something. And then Pepsi what didn't want 798 00:39:34,720 --> 00:39:36,480 to give it right, Because they're like, what the hell, We 799 00:39:36,480 --> 00:39:38,120 can't just give it. And then the government had to 800 00:39:38,120 --> 00:39:40,000 get involved. Like it's actually fascinating. 801 00:39:40,040 --> 00:39:42,800 I forget the. Details, but yeah, that's the 802 00:39:42,840 --> 00:39:46,040 high level. Yeah, it's so funny. 803 00:39:46,040 --> 00:39:48,360 It's called Leonard versus PepsiCo, and there's a whole 804 00:39:48,360 --> 00:39:52,280 lawsuit and I'm pretty sure he ended up winning anyway. 805 00:39:52,280 --> 00:39:55,640 So for being Ovi and Mando, I think you guys should put up a 806 00:39:55,640 --> 00:40:01,720 fighter jet for points. So anyways. 807 00:40:02,200 --> 00:40:04,320 I like it. Yeah, I think, I think that 808 00:40:04,320 --> 00:40:05,720 would be that would only be fair. 809 00:40:05,720 --> 00:40:12,920 Tyler, before we get to these to these giveaway, is there 810 00:40:12,920 --> 00:40:15,240 anything else that we missed out ahead? 811 00:40:15,240 --> 00:40:19,920 Can I talk about my Big Mike ETF, Your Big Mike, Mike Saylor? 812 00:40:19,920 --> 00:40:23,920 Big Mike So. This is pretty interesting. 813 00:40:23,920 --> 00:40:26,000 I'm talking. About you, Mendel. 814 00:40:26,040 --> 00:40:28,360 You're Big Mike. Big Michael Mendel. 815 00:40:28,480 --> 00:40:32,120 So Defiance launched this new MSTXETF product. 816 00:40:32,120 --> 00:40:35,880 It gives investors access to levered micro strategy stocks. 817 00:40:35,880 --> 00:40:39,320 The ETF tracks the stock price and then uses debt to amplify 818 00:40:39,320 --> 00:40:43,320 the position and aims for 175% exposure to the stock. 819 00:40:43,800 --> 00:40:47,280 Overall. Had a had a good first day. 820 00:40:47,280 --> 00:40:50,720 It's all $22 million in volume. MicroStrategy stock briefly 821 00:40:50,720 --> 00:40:53,800 popped 4% to 139. I think it was back at 1:32 this 822 00:40:53,800 --> 00:40:56,520 morning. Still up 2% while Bitcoin fell. 823 00:40:56,520 --> 00:41:00,200 I think what what makes this more interesting as a Bitcoin 824 00:41:00,200 --> 00:41:01,640 beta play. I was looking at the 825 00:41:01,640 --> 00:41:06,600 MicroStrategy returns against Bitcoin, so on, on three time 826 00:41:06,600 --> 00:41:08,120 frames. So year to date, Bitcoin's up 827 00:41:08,120 --> 00:41:12,440 32%, Microstrategy's up 92% on the year, Bitcoin's up 100%, 828 00:41:12,440 --> 00:41:16,160 Microstrategy's up 257%. Then on two years, Bitcoin plus 829 00:41:16,160 --> 00:41:21,560 179%, MicroStrategy plus 360%. So it's greatly outperforming. 830 00:41:21,680 --> 00:41:27,000 And now you've got this ETF, which is 175% of MicroStrategy 831 00:41:27,000 --> 00:41:29,240 stock. So in theory, those gains would 832 00:41:29,240 --> 00:41:31,720 be up even more. And of course, past performance, 833 00:41:31,720 --> 00:41:35,960 not indicative of of future performance, but for those who 834 00:41:35,960 --> 00:41:38,960 who are a little further out in the risk curve and we don't have 835 00:41:38,960 --> 00:41:43,080 memes to to gamble on anymore. This, this, this levered 836 00:41:43,080 --> 00:41:45,080 MicroStrategy ETF is an interesting one. 837 00:41:45,360 --> 00:41:47,000 And I didn't realize that MicroStrategy had been 838 00:41:47,000 --> 00:41:49,600 outperforming Bitcoin by that by that much. 839 00:41:49,600 --> 00:41:52,520 It's pretty eye opening. OK. 840 00:41:52,760 --> 00:41:55,880 I think that's interesting. Love to see it. 841 00:41:55,880 --> 00:41:58,400 So we'll see A to the future of that. 842 00:41:58,400 --> 00:42:01,280 What do we think? I had a let's let's let's get 843 00:42:01,280 --> 00:42:02,920 those robot spins going. We'll pick two people from the 844 00:42:02,920 --> 00:42:05,960 audience. But first, what do we think on 845 00:42:05,960 --> 00:42:07,040 Monday? Are we going to be higher or 846 00:42:07,040 --> 00:42:11,120 lower than today? Let's go around the room a 847 00:42:11,120 --> 00:42:14,560 little bit. Tyler, what do you think on 848 00:42:14,560 --> 00:42:16,720 Monday? You know, listen, I'm no Marin, 849 00:42:16,720 --> 00:42:19,720 but I'm. Going to say lower Oh. 850 00:42:20,280 --> 00:42:25,680 Shit, what do you think, Mando? I saw that now like crypto fear 851 00:42:25,680 --> 00:42:30,080 and greed's at 27. So we've gone quite badly into 852 00:42:30,080 --> 00:42:32,600 fear again. I don't think we're we're, we're 853 00:42:32,600 --> 00:42:34,960 going that much lower. OK. 854 00:42:35,600 --> 00:42:37,800 I think we should go low, but I guess I just think it will 855 00:42:37,800 --> 00:42:40,200 bounce. OK. 856 00:42:40,680 --> 00:42:41,800 I like that. What do you think, Olby? 857 00:42:43,200 --> 00:42:45,880 I want to say higher, like I want it to be higher but it 858 00:42:45,880 --> 00:42:47,600 feels like it's going to be lower to me. 859 00:42:48,000 --> 00:42:49,800 Damn it. All right, well, I'm going to 860 00:42:49,800 --> 00:42:53,800 have to do a anti consensus here and say that we're going higher 861 00:42:54,280 --> 00:42:59,040 because UMF first are all bears. So we're going to we're going to 862 00:42:59,040 --> 00:42:59,680 fix that one.