1 00:00:00,120 --> 00:00:01,680 Yo-yo, yo, what up? What up? 2 00:00:01,680 --> 00:00:08,560 Good morning, good morning, GMG Monday. 3 00:00:08,560 --> 00:00:13,400 Oh baby, Monday starting off quite quite crazy already Fuck 4 00:00:15,320 --> 00:00:16,960 what's the date? March. 5 00:00:18,720 --> 00:00:21,880 Where's my calendar? March 10th, 2025. 6 00:00:21,880 --> 00:00:24,800 Look at that another beautiful day to have a beautiful day. 7 00:00:25,160 --> 00:00:29,720 I got my coast in the house on YouTube today because X seems to 8 00:00:29,720 --> 00:00:34,240 be down all over the world. Tyler Logan, how you guys doing 9 00:00:34,240 --> 00:00:34,800 today? Good morning. 10 00:00:36,160 --> 00:00:38,280 Doing pretty good. It was a big weekend and then 11 00:00:38,280 --> 00:00:43,280 Tyler D house we moved. It's a soft move so I am live 12 00:00:43,280 --> 00:00:46,120 from the new office, but it's March so we are actually going 13 00:00:46,120 --> 00:00:47,160 to. We're going to stay downtown 14 00:00:47,160 --> 00:00:50,480 until our kids graduate, but it's on the spring break this 15 00:00:50,480 --> 00:00:52,760 week, so we're just going to spend the week up in the new 16 00:00:52,760 --> 00:00:54,640 house. I love that. 17 00:00:55,360 --> 00:00:57,440 Congratulations. Thank you, sound might be a 18 00:00:57,440 --> 00:01:00,880 little different I might have to get some dampening pads so just 19 00:01:00,880 --> 00:01:02,600 bear with me for the week but excited. 20 00:01:03,240 --> 00:01:05,960 Yeah, hell yeah. Well, listen lovely Logan, how 21 00:01:06,000 --> 00:01:08,200 you doing today? Hey, I'm I'm doing well. 22 00:01:08,360 --> 00:01:10,520 Glad to be back with you guys. The sun is shining here, so 23 00:01:10,520 --> 00:01:13,440 we've got the windows open. I mean, aside from price action, 24 00:01:13,440 --> 00:01:15,480 there's, there's really not too much to complain about. 25 00:01:15,720 --> 00:01:17,720 So I'm feeling pretty good. It's great. 26 00:01:17,720 --> 00:01:18,760 Yeah. I wish I could relate to 27 00:01:18,760 --> 00:01:20,280 Sunshine. Yeah. 28 00:01:20,280 --> 00:01:24,720 This thing's down completely. So X is yeah X mobile. 29 00:01:25,360 --> 00:01:30,200 Oh my God, the price for coins. Everything's everything's dead. 30 00:01:30,880 --> 00:01:32,240 Dude. It's over. 31 00:01:32,960 --> 00:01:37,000 Oh my God, our coins are literally like at 0 right now. 32 00:01:37,000 --> 00:01:38,960 OK, X is down, guys. So we're not doing Twitter 33 00:01:38,960 --> 00:01:40,280 spaces, we're not doing a broadcast. 34 00:01:40,280 --> 00:01:43,000 We're going to host a quick show on on YouTube today that will 35 00:01:43,000 --> 00:01:45,560 then repost on X. So if you're seeing this, you're 36 00:01:45,560 --> 00:01:50,160 probably seeing this a little later and, and at least at least 37 00:01:50,160 --> 00:01:51,440 we're here. These were showing up. 38 00:01:52,000 --> 00:01:53,880 We're out here. We're going to do our best with 39 00:01:54,320 --> 00:01:58,200 what with what we got, that's for sure. 40 00:01:58,200 --> 00:02:02,720 So anyways, if you're on YouTube and you can hear us just like 41 00:02:02,720 --> 00:02:05,960 share it on X. If your X works me, I'm trying 42 00:02:05,960 --> 00:02:08,000 to post it. I'm not sure I'm getting 43 00:02:08,000 --> 00:02:11,440 anything here and I think Sims also tried to broadcast directly 44 00:02:11,440 --> 00:02:15,320 there and it wasn't working. My notifications are showing up 45 00:02:15,320 --> 00:02:16,640 again. Oh, I have one tweet that went 46 00:02:16,640 --> 00:02:18,600 through. I should have used that tweet 47 00:02:18,600 --> 00:02:21,800 for the YouTube post, God damn it. 48 00:02:22,000 --> 00:02:23,680 So we'll be there anyway, still the show. 49 00:02:23,680 --> 00:02:25,640 Let's talk markets. Mando's not going to be with us 50 00:02:25,640 --> 00:02:27,240 this week. He's got some stuff to or he may 51 00:02:27,240 --> 00:02:31,800 be, he may not be, we'll see. But it's OK because we got Logan 52 00:02:31,800 --> 00:02:33,680 and also we don't have X, we have abstract. 53 00:02:34,640 --> 00:02:37,120 We're live on ABS. We're live on ABS and we're live 54 00:02:37,120 --> 00:02:38,600 on YouTube. So we'll do Marcus, we'll do 55 00:02:38,600 --> 00:02:40,400 Tyler's support 100. There's a lot to talk about. 56 00:02:40,400 --> 00:02:43,600 Recap from the Crypto Summit recap from the weekend. 57 00:02:43,840 --> 00:02:47,880 Oh wow, we've here fucking turbo dumping right now. 58 00:02:48,760 --> 00:02:54,680 Jesus Christ. So that and then let's God damn 59 00:02:54,680 --> 00:02:57,120 it, dude, I'm trying to, I'm trying to keep a straight face. 60 00:02:57,120 --> 00:03:01,160 OK, wow. I'm just trying to think like at 61 00:03:01,160 --> 00:03:02,760 some point I've got to buy something. 62 00:03:02,760 --> 00:03:06,960 I have to buy in the show and then it's like 120 soul is like 63 00:03:06,960 --> 00:03:08,360 free at this stage, right, right. 64 00:03:08,480 --> 00:03:12,480 Are we going lower anyways? So what this this was powered by 65 00:03:12,480 --> 00:03:14,280 galaxies. This show is powered by 66 00:03:14,280 --> 00:03:16,280 galaxies. Galaxies is a web 3 platform 67 00:03:16,280 --> 00:03:18,560 empowering creators and brands to put unstoppable communities 68 00:03:18,560 --> 00:03:20,720 with full ownership and independence trusted like by 69 00:03:20,720 --> 00:03:24,280 icons like Donald Trump, CEO key, Mike Tyson and the NBA 70 00:03:24,280 --> 00:03:27,960 shipping together the future of engagement, but also wallet 71 00:03:27,960 --> 00:03:29,440 connect. Wallet Connect is the 72 00:03:29,440 --> 00:03:32,480 connectivity network shaping the future of on chain UX. 73 00:03:32,800 --> 00:03:35,080 If you've connected to Web 3 app, you've seen well connect 74 00:03:35,080 --> 00:03:39,120 that blue logo, it's everywhere. An icon of trust in crypto as 75 00:03:39,120 --> 00:03:41,160 recognizes Visa as check a check out. 76 00:03:41,200 --> 00:03:45,200 Want to learn more? Follow Wallet connect on X and 77 00:03:45,200 --> 00:03:47,880 Telegram to stay ahead of what's next. 78 00:03:48,720 --> 00:03:51,520 Love this read anyways, Tyler, I'm just going to go straight to 79 00:03:51,520 --> 00:03:53,640 you and then we'll set the tone there and then we'll go through 80 00:03:53,640 --> 00:04:01,640 our topics and everything NFT and crypto analysis, Tyler T on 81 00:04:01,640 --> 00:04:08,760 FOMO, our cause, the kids. Can't yeah folks, crypto majors 82 00:04:08,760 --> 00:04:11,840 falling off a Cliff live here this morning. 83 00:04:11,840 --> 00:04:14,760 We sold off yesterday, another classic Sunday sell off and it 84 00:04:14,760 --> 00:04:17,839 is getting worse. Stocks opening up and down a few 85 00:04:17,839 --> 00:04:21,480 percent here. Bitcoin down 4%, just lost 80 K, 86 00:04:21,480 --> 00:04:24,600 it's at 79 six. It's bad right now. 87 00:04:24,880 --> 00:04:31,760 ETH at 2023 Seoul 1/22 So. 121, yeah. 88 00:04:32,320 --> 00:04:36,520 So we're going down fast right now as as we speak. 89 00:04:37,040 --> 00:04:39,840 We'll get into some of the price action in a second, but this 90 00:04:39,840 --> 00:04:45,040 came against what was a pretty bullish day headlines on Friday 91 00:04:45,040 --> 00:04:48,400 so that the OCC came out and they clarified their rules for 92 00:04:48,400 --> 00:04:52,160 banks engaging in crypto, stay in the crypto custody and stable 93 00:04:52,160 --> 00:04:53,840 coins are now going to be allowed. 94 00:04:53,840 --> 00:04:56,600 So that that's a a landmark shift there. 95 00:04:56,920 --> 00:05:00,200 We had Brian Armstrong announce after the crypto after the White 96 00:05:00,200 --> 00:05:03,040 House summit that Coinbase is going to hire 1000 people in 97 00:05:03,040 --> 00:05:06,480 America under the crypto friendly administration. 98 00:05:06,720 --> 00:05:10,120 At the summit, Scott Bessett came out and said that the US is 99 00:05:10,120 --> 00:05:12,760 going to use stable coins to keep the US the dominant global 100 00:05:12,760 --> 00:05:16,600 reserve currency. So some some very big headlines. 101 00:05:16,600 --> 00:05:19,080 At the same time, Michael Saylor apparently pitched the White 102 00:05:19,080 --> 00:05:22,320 House on a $100 trillion plan where the US would acquire 5 to 103 00:05:22,320 --> 00:05:25,760 25% of the Bitcoin supply, 30 fives. 104 00:05:25,760 --> 00:05:28,000 It's a big mic. He's shooting a shot. 105 00:05:28,360 --> 00:05:31,480 And then this morning right before the show, another $21 106 00:05:31,480 --> 00:05:35,440 billion equity raise for MicroStrategy to buy more 107 00:05:35,440 --> 00:05:41,160 Bitcoin. So he's got big plans a few 108 00:05:41,160 --> 00:05:43,480 other headlines. We saw Singapore Stock Exchange 109 00:05:43,480 --> 00:05:46,760 set to launch Bitcoin future contracts and then BBBA, the 110 00:05:46,760 --> 00:05:50,440 second biggest bank in Spain. They're opening up Bitcoin and 111 00:05:50,440 --> 00:05:54,320 Ethereum trading here as well. Then other financial services 112 00:05:54,320 --> 00:05:59,320 company in this company fold acquired another 475 Bitcoin for 113 00:05:59,320 --> 00:06:03,600 its treasure. They now hold 14185 S some big 114 00:06:03,600 --> 00:06:07,120 macro headlines zooming in on tokens and protocols. 115 00:06:07,320 --> 00:06:10,480 Myriad. Geez, it's merit token coming 116 00:06:10,840 --> 00:06:13,840 along with a very successful first weekend for the USDC 117 00:06:13,840 --> 00:06:15,800 markets. I think over 150,000 created. 118 00:06:16,240 --> 00:06:19,360 We're nearly there. Weekend, so we'll take a look at 119 00:06:19,360 --> 00:06:21,320 that. Bubble Maps announced their BMT 120 00:06:21,320 --> 00:06:24,040 token. TGE is tomorrow, folks. 121 00:06:24,240 --> 00:06:28,440 March 11th, Maple Finance announced that Bitwise made its 122 00:06:28,440 --> 00:06:31,400 first institutional D5 trade using its platform. 123 00:06:31,400 --> 00:06:35,160 And then Kaido announced a new fast track option for for new 124 00:06:35,160 --> 00:06:40,240 Launchpad projects and AIAI tokens are down another 10% or 125 00:06:40,240 --> 00:06:42,000 so. We saw Arc announced a new App 126 00:06:42,000 --> 00:06:44,000 Store for AI agents and then Grok. 127 00:06:44,680 --> 00:06:47,280 I know Logan followed this once again this later in the show. 128 00:06:47,280 --> 00:06:50,200 Grok used Clanker to launch several meme coins on base this 129 00:06:50,200 --> 00:06:53,600 weekend. So Grok that the Twitter AI is 130 00:06:53,600 --> 00:06:58,960 launching meme coins, though with varying degrees of success. 131 00:06:59,320 --> 00:07:02,320 We also saw this Cocoro meme coin from the family tied to the 132 00:07:02,320 --> 00:07:05,360 doge meme that ran to 100 million this weekend. 133 00:07:05,360 --> 00:07:10,000 Back to 25. And then please, Judy Vance, he 134 00:07:10,000 --> 00:07:13,080 acknowledged the meme. Saw a little bit of a spike 135 00:07:13,080 --> 00:07:15,960 there, but I think it's sold off here again this morning. 136 00:07:15,960 --> 00:07:17,440 It's the market, it's not the meme. 137 00:07:17,760 --> 00:07:20,160 Yes. Yeah, because this meme would be 138 00:07:20,160 --> 00:07:24,840 100 mil if it was like 3 months ago for sure, but that's 139 00:07:24,840 --> 00:07:29,960 interesting anyways, so lots to lots to talk about here. 140 00:07:30,320 --> 00:07:33,840 No exit seemingly still not up. So we're going to we're going to 141 00:07:33,840 --> 00:07:36,720 have to to roll with with YouTube only for now. 142 00:07:36,720 --> 00:07:38,840 It is what do we even start? I mean we start with the market 143 00:07:38,880 --> 00:07:40,720 first and foremost I know we don't have mendels today, but 144 00:07:40,720 --> 00:07:44,560 still I mean guys, when does the bling stop? 145 00:07:45,000 --> 00:07:49,080 This is like I keep drawing lines lower literally I'm not 146 00:07:49,080 --> 00:07:51,200 kidding on soul. I just added three more lines. 147 00:07:51,560 --> 00:07:55,320 It's I just keep adding lower lines. 148 00:07:55,320 --> 00:07:57,560 I don't even want to look at my Sonic position right now. 149 00:07:57,560 --> 00:07:59,080 Yeah. Probably not. 150 00:08:00,560 --> 00:08:05,680 I think I've started to see a shift finally where people are 151 00:08:07,040 --> 00:08:09,960 acknowledging like what Besant is saying, what Trump is saying, 152 00:08:09,960 --> 00:08:12,280 and that they're going to do this market detox. 153 00:08:12,600 --> 00:08:14,800 And I feel like more folks are just realizing that. 154 00:08:15,400 --> 00:08:16,400 And I don't know what that means. 155 00:08:16,400 --> 00:08:21,720 They're they're selling, but I think there it's like some level 156 00:08:21,720 --> 00:08:24,560 of maybe capitulation is the wrong word, but this is like 157 00:08:24,560 --> 00:08:26,960 acknowledging that yeah, OK, we're we're going to go lower. 158 00:08:28,240 --> 00:08:30,320 I don't know where the where the bottom is. 159 00:08:30,320 --> 00:08:32,440 If you like, Bitcoin probably has the strongest bottom of them 160 00:08:32,440 --> 00:08:35,840 all. 23K. It's going to lose 2K again 161 00:08:35,840 --> 00:08:38,159 today. Seoul. 162 00:08:38,240 --> 00:08:43,120 I think I've I've heard 80 tossed around quite a bit for 163 00:08:43,120 --> 00:08:44,320 Seoul. I feel like that would be pretty 164 00:08:44,320 --> 00:08:46,320 jarring. Nasty bro. 165 00:08:46,920 --> 00:08:49,000 If Heath loses 2K, what's the next level 15? 166 00:08:49,000 --> 00:08:51,400 115 hundred. We talked about that last week 167 00:08:51,400 --> 00:08:53,800 too. It's here. 168 00:08:54,480 --> 00:08:57,360 There's no levels till 1500 then 'cause you're. 169 00:08:57,720 --> 00:09:00,880 Losing 78 What's its level 70? 73. 170 00:09:01,920 --> 00:09:03,440 OK. And then 69. 171 00:09:04,680 --> 00:09:07,800 Let's hope your lines hope. Let's hope your lines hold up. 172 00:09:08,240 --> 00:09:09,720 I mean, just basing it on this right? 173 00:09:09,720 --> 00:09:13,560 Like just said, previous highs, that's it, right? 174 00:09:13,560 --> 00:09:17,760 It's not even, I'm not even a trader like that, but just 175 00:09:17,760 --> 00:09:21,760 basing it on whatever, you know, it's just mental levels at this 176 00:09:21,760 --> 00:09:25,360 stage for me to try and buy dip. I just don't know if I'm buying 177 00:09:25,360 --> 00:09:27,120 here yet. I'm tempted. 178 00:09:27,520 --> 00:09:31,520 I'm really tempted right now, like really tempted because it's 179 00:09:31,520 --> 00:09:33,320 Monday. We already dumped yesterday. 180 00:09:33,320 --> 00:09:34,560 Crazy. We're dumping today again. 181 00:09:34,560 --> 00:09:36,560 I'm so tempted to buy crypto right now. 182 00:09:36,840 --> 00:09:39,400 Probably short term though, but tough to call. 183 00:09:39,560 --> 00:09:43,000 Yeah, if you, if you're looking for like near term like scalp 184 00:09:43,000 --> 00:09:46,520 trades, then I think you know, looking at Monday lows. 185 00:09:47,600 --> 00:09:49,440 Yeah, I'm going to wait for Monday evening. 186 00:09:50,240 --> 00:09:53,880 Closer to, closer to like the close probably. 187 00:09:55,000 --> 00:09:57,320 The problem is it's like, but like if you're not scalp 188 00:09:57,320 --> 00:10:01,080 trading, I mean, I hate to say it, but it feels like we're just 189 00:10:01,080 --> 00:10:07,760 going to keep going lower. Yeah, it's it's grim, but that's 190 00:10:07,760 --> 00:10:10,800 that's where you this is where you DCA, right? 191 00:10:11,200 --> 00:10:13,680 Like if you've got the money and if you can, you have a long term 192 00:10:13,680 --> 00:10:15,600 approach on in perspective on this industry. 193 00:10:15,600 --> 00:10:18,720 And if you believe that, you know, it's just a short term, 194 00:10:18,720 --> 00:10:22,800 near term pain for long term, you know, you know, pump like 195 00:10:22,800 --> 00:10:26,200 we've talked about before on the show as well, then this is 196 00:10:26,200 --> 00:10:29,480 actually where you start. Your DCAI can confidently say 197 00:10:29,480 --> 00:10:31,520 that like you can start. I'm not saying go all in since 198 00:10:31,520 --> 00:10:34,560 you start your DCA here. Yeah, and and you said it's 199 00:10:34,560 --> 00:10:37,920 grim, but like I want to be clear and use Mando's words like 200 00:10:37,920 --> 00:10:41,440 this really feels like it's a macro sell off and not a sell 201 00:10:41,440 --> 00:10:43,680 off, right. Like the the bullish headlines 202 00:10:43,880 --> 00:10:46,480 keep pouring in. Like the OCC one was huge. 203 00:10:46,480 --> 00:10:47,640 You were at the White House summit. 204 00:10:47,640 --> 00:10:50,840 I I want to talk about that with you as well. 205 00:10:52,480 --> 00:10:54,960 I mean, look at the SPX again. Yeah. 206 00:10:57,040 --> 00:10:59,360 So it's definitely not us, right? 207 00:11:01,280 --> 00:11:04,200 It feels like stocks are finally going to correct for the first 208 00:11:04,200 --> 00:11:06,880 time in a while. I don't know how low they're 209 00:11:06,880 --> 00:11:10,880 going to go, but if stocks going down another 10 to 20%, you have 210 00:11:10,880 --> 00:11:13,880 to assume crypto majors are probably going to go down in 211 00:11:13,880 --> 00:11:16,600 line. Wow, Tesla fell off a Cliff. 212 00:11:17,560 --> 00:11:21,040 This is down. It's closing on 50% drawdown 213 00:11:21,040 --> 00:11:23,000 from the high. One of us. 214 00:11:24,760 --> 00:11:29,640 And that was a consensus play to be the the one of the biggest 215 00:11:29,640 --> 00:11:31,880 winners of the Trump administration, right? 216 00:11:31,880 --> 00:11:35,400 Like given Elon's role. I mean both Tesla and Dozer are 217 00:11:35,400 --> 00:11:39,440 not really pumping. He's got to be pushing that in 218 00:11:39,440 --> 00:11:41,000 in Donnie's ear a little bit, isn't he? 219 00:11:41,000 --> 00:11:42,920 Because, you know, Trump has said that he's not paying 220 00:11:42,920 --> 00:11:47,040 attention, but Elon's got to make sure that he knows what, 221 00:11:47,040 --> 00:11:49,080 Tesla's 60% off the high or whatever. 222 00:11:49,840 --> 00:11:52,480 I mean, at some point, like, Elon has lost quite a bit of 223 00:11:52,480 --> 00:11:54,440 wealth, right? Yeah. 224 00:11:55,040 --> 00:11:59,040 And it's going to continue. He's he's he's abandoned 225 00:11:59,040 --> 00:12:01,600 Twitter. Twitter is a non functioning 226 00:12:01,600 --> 00:12:04,800 platform although. Still working now it's live. 227 00:12:04,800 --> 00:12:09,440 Are we live on X right now? Oh, we're back. 228 00:12:09,440 --> 00:12:10,560 OK, we're back. I think. 229 00:12:12,320 --> 00:12:14,960 I think we're back. Let me see. 230 00:12:16,760 --> 00:12:18,360 Oh, we're we're live on X. OK, fuck it. 231 00:12:18,360 --> 00:12:20,840 Let's go out and post this. I take it all back. 232 00:12:20,840 --> 00:12:22,680 I'm just not, I'm just not going to launch the Twitter Spaces 233 00:12:22,680 --> 00:12:25,160 today, but we're live on X. Yeah, No, no spaces. 234 00:12:28,000 --> 00:12:31,320 Anyways, you were saying? Yeah, the Elon, it's well, like 235 00:12:31,360 --> 00:12:36,600 I mean Tesla stocks down 50%. So like this is not just crypto 236 00:12:36,600 --> 00:12:37,520 Bitcoin. What's Bitcoin? 237 00:12:37,520 --> 00:12:43,040 Down 2028%, roughly 25% high. Something like that, yeah. 238 00:12:43,160 --> 00:12:46,000 Near 30 no. Yeah, closing in on 30. 239 00:12:48,240 --> 00:12:53,560 If you go picos nicos, Nico top, you know, type shit, you're -27 240 00:12:54,320 --> 00:12:57,160 but that's like really like what like from like, you know, let's 241 00:12:57,160 --> 00:13:00,320 just say from one O 4:00-ish, you know, like -20 let's say 242 00:13:00,320 --> 00:13:03,040 2012 25 percent 2425. Percent. 243 00:13:03,040 --> 00:13:05,840 I will say what's keeping me somewhat sane during this drill 244 00:13:05,840 --> 00:13:08,920 down is I took your advice on Friday and I shorted ETA so I 245 00:13:08,920 --> 00:13:10,440 went. Yo ho, that's. 246 00:13:10,560 --> 00:13:16,040 Good at $0.85, it's at $0.69. So if if you pull up that chart, 247 00:13:16,040 --> 00:13:20,720 that's one that made the IT, it had that large pump from 248 00:13:21,720 --> 00:13:26,800 basically 66 level all the way to $1.10 on the on that 249 00:13:26,920 --> 00:13:29,280 basically what has now come out to be fake news that it was 250 00:13:29,280 --> 00:13:31,600 going to be included in the US. He wasn't even at the summit. 251 00:13:33,680 --> 00:13:36,040 And like, they basically came out and said, yeah, we just 252 00:13:36,040 --> 00:13:38,440 included that in discussion because it was top ten. 253 00:13:38,480 --> 00:13:42,360 We have no plans. So that entire pump should in 254 00:13:42,360 --> 00:13:44,680 theory be erased. This is going, yeah, this is 255 00:13:44,680 --> 00:13:48,360 going back right here at least. And I'll probably close there. 256 00:13:48,360 --> 00:13:53,240 I think that's my current plan. It was a great short, yeah. 257 00:13:53,960 --> 00:13:56,480 I hate being on the short side, but at least there's. 258 00:13:56,840 --> 00:13:58,680 Yeah, but you're shorting vaporware so it's OK. 259 00:14:02,000 --> 00:14:03,800 Damn YouTube people are going to hate me, bro. 260 00:14:04,240 --> 00:14:06,480 I, I, I just realized we're talking to YouTube audience. 261 00:14:06,480 --> 00:14:09,800 Fuck. What about this one? 262 00:14:10,040 --> 00:14:12,360 That's an incredible short too, if you want. 263 00:14:12,720 --> 00:14:15,640 Fuck. XRP scares me a little bit more 264 00:14:15,640 --> 00:14:18,760 just because I feel like the XRP army is is stronger. 265 00:14:19,520 --> 00:14:22,200 Yeah, but there's so much air to 0. 266 00:14:22,200 --> 00:14:26,240 Where was 0. There is, There really is. 267 00:14:27,840 --> 00:14:32,120 The problem is short is to double your money, the coin has 268 00:14:32,120 --> 00:14:35,200 to go down 100%, right? No coins ever going to go down 269 00:14:35,200 --> 00:14:38,720 100%. Is that what it is with a short 270 00:14:38,720 --> 00:14:40,880 position percent? Yeah, 50. 271 00:14:40,880 --> 00:14:42,680 Percent your leverage right so like I. 272 00:14:42,680 --> 00:14:44,160 Depends on your leverage. Yeah. 273 00:14:45,920 --> 00:14:49,360 But the upside right that's. Much bigger. 274 00:14:49,880 --> 00:14:52,640 Yeah, looks like we're we're getting somewhat of a bounce 275 00:14:52,640 --> 00:14:57,320 now, but we'll see how much it's how much it survives anyway. 276 00:14:57,320 --> 00:14:59,760 So the markets are shit. What else is going on? 277 00:15:01,520 --> 00:15:04,960 Yeah, I'm going to I'm going to post the the show. 278 00:15:04,960 --> 00:15:07,240 Here, Logan. Well, Tyler does that. 279 00:15:07,840 --> 00:15:09,000 How do you feel about this market right now? 280 00:15:09,640 --> 00:15:13,320 Yeah, you know, I, I feel OK. It's not great. 281 00:15:13,320 --> 00:15:15,800 Of course, I don't want to kid anybody and, and make them feel 282 00:15:15,800 --> 00:15:17,880 like I'm super, super comfortable. 283 00:15:18,280 --> 00:15:25,920 But, and it's, it's cliche, but been here before, you know, so a 284 00:15:25,920 --> 00:15:29,160 lot of these things I've been fortunate to stay off of 285 00:15:29,160 --> 00:15:31,560 leverage and those, you know, those instruments that can 286 00:15:31,560 --> 00:15:35,160 really get you in trouble. And so it doesn't feel great, 287 00:15:35,160 --> 00:15:38,160 but it's much better than it could be waking up every day, 288 00:15:38,280 --> 00:15:40,320 right? Like I'm not feeling any pain or 289 00:15:40,320 --> 00:15:43,600 sweating over positions, just kind of holding, you know, the 290 00:15:43,600 --> 00:15:45,360 Bitcoin and other stuff that I have. 291 00:15:45,680 --> 00:15:48,920 And whatever happens happens, it'll go from there. 292 00:15:49,240 --> 00:15:50,840 I'm here with everybody else, so. 293 00:15:52,080 --> 00:15:54,120 Unit for the friends and the tech. 294 00:15:54,760 --> 00:15:56,960 Exactly. Looks like Tyler's kid wants it 295 00:15:56,960 --> 00:16:00,080 on as well. Let the kid on the stove. 296 00:16:00,160 --> 00:16:04,400 We're just we're just off the rails in in our entirety here. 297 00:16:04,760 --> 00:16:06,960 Looks like Tyler's kids. Are your kids excited about the 298 00:16:06,960 --> 00:16:08,720 new house? They must be. 299 00:16:08,960 --> 00:16:11,080 They are very excited. I love that. 300 00:16:12,000 --> 00:16:14,080 Damn, I I thought we bounced here, but we're still lower than 301 00:16:14,080 --> 00:16:16,800 79. Yeah, looks like honestly, I 302 00:16:16,800 --> 00:16:19,680 hate to say it, but it looks like that 73 is more likely than 303 00:16:20,200 --> 00:16:24,440 than we thought at first, so we'll see. 304 00:16:24,440 --> 00:16:27,720 I saw great meme this morning by Raheem. 305 00:16:27,720 --> 00:16:28,960 I'm going to share it with you guys. 306 00:16:30,160 --> 00:16:32,280 You guys are going to laugh at this one and let's go to some 307 00:16:32,280 --> 00:16:35,200 topics. Crypto DJ is realizing the bear 308 00:16:35,200 --> 00:16:36,080 might be here. Oh God. 309 00:16:39,200 --> 00:16:43,120 Embrace the bear. Just like it is go real video. 310 00:16:43,120 --> 00:16:49,120 Oh. God, go up to the post right 311 00:16:49,120 --> 00:16:53,560 before this. That's a wild one. 312 00:16:54,040 --> 00:16:55,720 Scroll up. This one this. 313 00:16:55,880 --> 00:16:58,600 Is the This is the Hopium post? This is the biggest hopium right 314 00:16:58,600 --> 00:17:02,320 now. It's not just Raul sharing it 315 00:17:02,320 --> 00:17:04,839 so. This is everyone, Zero Hedge, 316 00:17:04,880 --> 00:17:07,839 everybody. The M2 versus Bitcoin chart, but 317 00:17:07,839 --> 00:17:11,520 like the problem is I keep seeing this shared on like 318 00:17:11,520 --> 00:17:15,480 different, different time horizons. 319 00:17:15,480 --> 00:17:18,760 So like they'll keep like on this chart has the M2 with A10 320 00:17:18,760 --> 00:17:23,160 week lead and then like I I've seen it with a 45 day lead next 321 00:17:23,160 --> 00:17:26,319 week is going to be with a 12 week lead or with a 16 week 322 00:17:26,319 --> 00:17:27,599 lead. So we're just going to keep 323 00:17:27,599 --> 00:17:32,520 drawing these lines and until the the chart makes sense. 324 00:17:32,520 --> 00:17:36,280 I think what's I'm not an M2 expert. 325 00:17:36,440 --> 00:17:40,480 I want to say that M2 is going up because of China printing 326 00:17:40,480 --> 00:17:44,400 money and and not the US. And like China stock markets I 327 00:17:44,400 --> 00:17:47,400 think are doing well right now, while the US is going into 328 00:17:47,600 --> 00:17:49,960 decline. Like a tale of two markets 329 00:17:49,960 --> 00:17:51,520 playing out. And this is more Mando's area 330 00:17:51,520 --> 00:17:55,720 than mine for sure. But I guess like it kind of just 331 00:17:55,720 --> 00:17:58,160 feels I'm a guy who likes us. Hope I am. 332 00:17:58,160 --> 00:18:00,320 So let's be very clear about that. 333 00:18:00,320 --> 00:18:04,640 This one, I don't know, it kind of feels like the estimate a 334 00:18:04,640 --> 00:18:06,080 little bit. And like I, I understand that 335 00:18:06,160 --> 00:18:08,040 the M2 supply definitely matters, right? 336 00:18:08,040 --> 00:18:10,160 But there's clearly other factors at play right now. 337 00:18:12,040 --> 00:18:13,920 Yeah. Trump and best not trying to 338 00:18:14,360 --> 00:18:17,560 drive everything lower to to get rates lower feels like it's it 339 00:18:17,560 --> 00:18:21,120 matters more. I have no opinion on that 340 00:18:21,120 --> 00:18:22,120 because I just don't know enough. 341 00:18:23,520 --> 00:18:25,600 But even then, if you follow this chart, we're going a little 342 00:18:25,600 --> 00:18:27,720 lower. I actually know we're here now 343 00:18:27,800 --> 00:18:29,880 technically because that's that, that was shared yesterday, 344 00:18:29,880 --> 00:18:32,880 right? So we've reached that 80K point 345 00:18:33,000 --> 00:18:35,080 like the M2 here. If you follow the M2, this is 346 00:18:35,080 --> 00:18:37,080 the bottom. Yeah. 347 00:18:37,080 --> 00:18:40,320 And I I saw someone confidently predict that like March 25th 348 00:18:40,360 --> 00:18:44,800 will be the bottom based on like the 10 week time lag or or 349 00:18:44,800 --> 00:18:46,360 something. So what the fuck dude? 350 00:18:46,440 --> 00:18:48,240 I have no idea what this stuff means. 351 00:18:49,840 --> 00:18:52,200 No one knows. Nobody knows. 352 00:18:52,200 --> 00:18:53,120 It's prerogative. You know what? 353 00:18:53,200 --> 00:18:56,960 Ironically, the thesis that we laid out months ago on the show 354 00:18:56,960 --> 00:18:57,880 is playing out. Tyler. 355 00:18:58,120 --> 00:19:02,400 Nine months drop until June. Literally I call this chop 356 00:19:02,480 --> 00:19:03,840 though. This, yeah, that's not chop, 357 00:19:03,880 --> 00:19:08,520 but, but maybe it's not chop but it's like, you know, recovery 358 00:19:08,520 --> 00:19:11,800 then. Chop all the way back to the 359 00:19:11,800 --> 00:19:14,280 prior high. So what was the prior high 65? 360 00:19:14,280 --> 00:19:16,680 69. Yeah. 69 I. 361 00:19:17,320 --> 00:19:21,280 Mean that feels very We just keep grinding lower until we get 362 00:19:21,280 --> 00:19:24,720 down to 69 again. I mean, do we think this like 363 00:19:24,960 --> 00:19:29,560 lower and then double top September, October, let's say 364 00:19:29,560 --> 00:19:33,160 around let's call it 140? That feels a lot. 365 00:19:33,240 --> 00:19:36,280 That feels soon, September. It's a little soon to me, I. 366 00:19:36,840 --> 00:19:38,920 Mean it's not soon, September, October brother where they were 367 00:19:38,920 --> 00:19:41,560 in March. What do you mean I just? 368 00:19:42,040 --> 00:19:46,800 I, I, I don't think this detox that Besson keeps talking about 369 00:19:46,800 --> 00:19:49,560 is, is going to end in a month. Like that's not a detox. 370 00:19:49,560 --> 00:19:54,960 That's like a a a quick break. I think there's going to be 371 00:19:54,960 --> 00:19:55,760 longer pain. I hope. 372 00:19:55,800 --> 00:19:58,360 I hope not of. Course you know what I I haven't 373 00:19:58,360 --> 00:20:02,160 seen referenced in a while is the the Kobe tweet about how 374 00:20:02,160 --> 00:20:06,000 much how painful it would be from like what 80 to 100K or. 375 00:20:06,240 --> 00:20:09,840 Whatever. Yeah, he, he told us. 376 00:20:09,840 --> 00:20:13,040 He said it's going to be painful from 80 to 100 Ki think we got 377 00:20:13,040 --> 00:20:16,720 over our skis a little bit excited because the 100K felt so 378 00:20:16,720 --> 00:20:18,880 much easier than it should have felt, right? 379 00:20:19,240 --> 00:20:22,760 And then he said, well, I don't, I don't know the exact tweet, 380 00:20:22,760 --> 00:20:24,120 right? But it's like the 100. 381 00:20:24,120 --> 00:20:25,560 I found it. I found it. 382 00:20:25,560 --> 00:20:26,680 I found it. I found it. 383 00:20:26,680 --> 00:20:27,480 I found it. I found it. 384 00:20:27,880 --> 00:20:31,320 The hard road goes from 80K to 100K, but we got that one easy. 385 00:20:32,160 --> 00:20:35,400 The easy road goes from 100K to a 50K so. 386 00:20:35,400 --> 00:20:38,840 I would argue there is a chance here if you if you want to be 387 00:20:38,840 --> 00:20:41,400 super serious about this tweet, which who knows how much ship 388 00:20:41,400 --> 00:20:44,520 host is in this or not, but there's a chance here. 389 00:20:44,520 --> 00:20:46,840 We're still playing this hard road 80 to 100K. 390 00:20:46,840 --> 00:20:50,400 Of course we we breached 100K to what one O 8 or something like 391 00:20:50,400 --> 00:20:53,880 that, but like that's still within a standard deviation of 392 00:20:54,000 --> 00:20:56,800 what I would call 100K on this post. 393 00:20:56,800 --> 00:21:00,240 So that's when I need my opium because the M2, none of that 394 00:21:00,240 --> 00:21:02,080 stuff TA that doesn't do anything for me. 395 00:21:02,080 --> 00:21:04,320 It doesn't do it doesn't do anything for me. 396 00:21:04,680 --> 00:21:07,120 I come back to this tweet and I mean, I, you know what? 397 00:21:07,320 --> 00:21:08,680 We're just on the hard road right now. 398 00:21:09,160 --> 00:21:14,000 Honestly like none of this like even the TI find it so stupid I 399 00:21:14,000 --> 00:21:17,480 just keep drawing lines lower to convince myself to buy. 400 00:21:17,480 --> 00:21:20,080 Whatever we need confirmation bias for, yeah. 401 00:21:20,080 --> 00:21:22,240 Yeah, it's just to make myself buy. 402 00:21:22,600 --> 00:21:24,360 I make a line, I'm like, oh wait, it's there. 403 00:21:24,720 --> 00:21:26,520 I'm scared of that line, so I should buy it. 404 00:21:27,120 --> 00:21:29,960 That's how I see it. Like the 129 was scary when it 405 00:21:29,960 --> 00:21:32,200 was 290. Right now we're there. 406 00:21:33,120 --> 00:21:35,280 That means I got after the show, I got to buy a tiny little bit 407 00:21:35,960 --> 00:21:37,920 and then I'll draw a line lower and if we hit, I got to buy 408 00:21:37,920 --> 00:21:39,440 another tiny little bit. You know what I mean? 409 00:21:39,880 --> 00:21:41,240 And here's more focused on Bitcoin. 410 00:21:41,680 --> 00:21:45,080 So like there's the whole mindset of, you know, buy when 411 00:21:45,080 --> 00:21:47,360 there's blood in the streets, buy an extreme fear. 412 00:21:47,960 --> 00:21:51,680 We hit extreme fear a week ago and now we're lower again, 413 00:21:52,520 --> 00:21:54,200 right? So like there's more nuance to 414 00:21:54,200 --> 00:21:56,200 this. Like we're like, we're going to 415 00:21:56,200 --> 00:22:00,160 keep balancing. There's going to be happy days. 416 00:22:00,160 --> 00:22:03,400 There's going to be sad days. It seems like we're going to the 417 00:22:03,440 --> 00:22:05,240 the downturn's going to continue here. 418 00:22:05,600 --> 00:22:07,480 But I guess what's so wild about all of this? 419 00:22:07,520 --> 00:22:10,640 Like maybe let's flip back positive you were at the 420 00:22:10,640 --> 00:22:12,920 freaking White House. Let's talk about that. 421 00:22:12,920 --> 00:22:15,200 Yeah, let's talk about. You get into the White House and 422 00:22:15,200 --> 00:22:17,360 like, what were your takeaways? Who did you have things to talk 423 00:22:17,360 --> 00:22:19,480 to? Let's get into that. 424 00:22:22,600 --> 00:22:26,080 I listen you was funny. I wrote about that, right? 425 00:22:26,080 --> 00:22:28,920 The other I wrote about this because I talked about best, not 426 00:22:29,000 --> 00:22:32,200 best. I talked about Saxon and Bohans. 427 00:22:32,240 --> 00:22:37,560 I put a tweet out about them. Like institutionally, anything 428 00:22:37,560 --> 00:22:40,400 but price action is turbo bullish, right? 429 00:22:40,640 --> 00:22:42,520 Anything about price action, like when I was talking to other 430 00:22:42,520 --> 00:22:45,360 journalists in the room or when I was talking, just the fact 431 00:22:45,360 --> 00:22:48,720 that we were in the room like, you know, with all the other 432 00:22:48,720 --> 00:22:50,120 media because we got a press pass. 433 00:22:50,920 --> 00:22:52,960 Just the idea that like I, I spoke to many different 434 00:22:52,960 --> 00:22:56,520 founders, like pretty big founders in the space, because 435 00:22:56,520 --> 00:22:58,440 then there was a cocktail reception that was hosted by 436 00:22:58,440 --> 00:23:02,320 Coinbase, which was like from like 6:00 to 8:00 PM right after 437 00:23:02,320 --> 00:23:04,240 the, the summit. It's where like a lot of the 438 00:23:04,240 --> 00:23:06,400 summit people went, right? So that's where I saw sailor 439 00:23:06,400 --> 00:23:08,120 etcetera. And everybody's high. 440 00:23:08,800 --> 00:23:11,520 Like everybody's like everybody's really excited, 441 00:23:11,560 --> 00:23:13,680 happy, of course, like they come off a high because you're doing 442 00:23:13,680 --> 00:23:14,720 that with Trump at the White House. 443 00:23:14,720 --> 00:23:18,120 So I understand, but like not a single person was worried about 444 00:23:18,120 --> 00:23:20,440 the price given that they're all also billionaires. 445 00:23:20,840 --> 00:23:24,520 But point being like nobody cares because everybody's 446 00:23:24,520 --> 00:23:26,360 outlook on the future of the industry is positive. 447 00:23:26,440 --> 00:23:29,120 So it was a no press events, obviously no videos, no photos, 448 00:23:29,760 --> 00:23:32,160 but I can say is there was a little Q&A between Brian 449 00:23:32,160 --> 00:23:36,080 Armstrong and, and, and David Sachs and even hearing David 450 00:23:36,080 --> 00:23:39,400 Sachs speak and his outlook on where he thinks things are going 451 00:23:39,400 --> 00:23:41,360 was great. And so you can tell that they're 452 00:23:41,360 --> 00:23:43,800 approaching this the right way. I got to chit chat with Bohans 453 00:23:43,800 --> 00:23:46,040 as well. By the way, dope guy, like such 454 00:23:46,040 --> 00:23:49,160 a nice person. But but it looks like we have 455 00:23:49,160 --> 00:23:51,720 the, I look again, it's my personal opinion. 456 00:23:52,160 --> 00:23:56,320 I think we have the right folks at the administration to carry 457 00:23:56,320 --> 00:24:00,840 the torch forward when it comes to like digital assets, crypto 458 00:24:01,200 --> 00:24:03,680 and all that stuff like in stable coins, etcetera. 459 00:24:04,480 --> 00:24:06,840 But it's going to take a little bit for for it to hit, I guess. 460 00:24:06,920 --> 00:24:08,960 You know, we're still in this like we're honeymoon phase where 461 00:24:08,960 --> 00:24:11,120 like Trump just got it in. He's breaking everything, just 462 00:24:11,120 --> 00:24:13,960 tariffs left and right. Yesterday, like the new party, 463 00:24:13,960 --> 00:24:15,960 Liberal Party leader in Canada came and said, hey, we're going 464 00:24:15,960 --> 00:24:17,520 to go into a trade war if we have to, right? 465 00:24:17,520 --> 00:24:19,760 Like it's like you still have all those like headlines that 466 00:24:19,760 --> 00:24:23,360 are not helping us. But again, I do think short term 467 00:24:23,360 --> 00:24:25,840 pain. I spoke with a very, very, very 468 00:24:25,840 --> 00:24:27,280 big founder. Don't want to name them in case 469 00:24:27,280 --> 00:24:29,400 they don't want to be quoted in the industry. 470 00:24:30,160 --> 00:24:33,160 Let's say founder of one of the top fives and his and I said, 471 00:24:33,160 --> 00:24:34,840 what do you how do you feel about the short term? 472 00:24:36,360 --> 00:24:37,800 He said how long? Three months. 473 00:24:37,840 --> 00:24:39,080 And he said the same thing to us. 474 00:24:39,200 --> 00:24:41,040 He said short term pain for long term gains. 475 00:24:41,480 --> 00:24:44,200 And that's someone who's the lady founder of a top, let's say 476 00:24:44,200 --> 00:24:46,480 top, let's I'll call it top five, top ten. 477 00:24:46,880 --> 00:24:49,280 It's a top five, you know, crypto. 478 00:24:49,560 --> 00:24:55,040 So people excited and, and I think that you're right, Tyler, 479 00:24:55,040 --> 00:24:57,640 the biggest news of that room was what Besant said. 480 00:24:58,200 --> 00:25:00,560 And it's what stuck the most because after the summit, I 481 00:25:00,560 --> 00:25:02,120 asked a few people how they felt about it. 482 00:25:02,120 --> 00:25:04,000 And a lot of people mess it, mess it. 483 00:25:04,000 --> 00:25:08,120 A lot of people talk about Scott Besant and what he said. 484 00:25:08,240 --> 00:25:09,560 That was by far the biggest news. 485 00:25:09,800 --> 00:25:13,320 So it's hard for me to even be bearish when I say that I look 486 00:25:13,320 --> 00:25:16,640 at charts, I mean, I close the charts most days right now, but 487 00:25:17,040 --> 00:25:18,840 the I think this is a good reset. 488 00:25:18,840 --> 00:25:19,760 Luca talked about this yesterday. 489 00:25:19,760 --> 00:25:22,360 I told you about this yesterday. We were focused on all the wrong 490 00:25:22,360 --> 00:25:26,320 things this cycle and it looks like a reset will be necessary 491 00:25:26,320 --> 00:25:29,200 in order for people to be focused on the right things and 492 00:25:29,200 --> 00:25:30,880 and we'll see. I think even someone's saying 493 00:25:30,880 --> 00:25:33,280 retail never bought retail actually bought all the 494 00:25:33,280 --> 00:25:36,040 statistics show that retail bought crypto just retail got 495 00:25:36,040 --> 00:25:37,600 wrecked. It's different. 496 00:25:37,840 --> 00:25:40,960 So retail bought, but when they were buying that cycle, they're 497 00:25:40,960 --> 00:25:42,840 buying NF TS that actually lasted a few months. 498 00:25:43,000 --> 00:25:44,920 We believed in the cool cats for six months. 499 00:25:44,920 --> 00:25:47,320 You know what I mean? Like we believed in the board 500 00:25:47,320 --> 00:25:49,680 ape for a long time, right, still do, but the point being is 501 00:25:50,080 --> 00:25:52,960 the right from zero to 150 ETH on board 8 with a fucking year 502 00:25:52,960 --> 00:25:56,160 long What? I mean the right from for cool 503 00:25:56,160 --> 00:25:58,880 cats for .8 to 15 ETH was a year long, right? 504 00:25:58,880 --> 00:26:01,400 At least they had something to to to believe in and to sell 505 00:26:01,400 --> 00:26:04,360 along the way, right? This is just meme was just and 506 00:26:04,360 --> 00:26:06,960 also, even if they went out of your cool cat bag or your NFT 507 00:26:06,960 --> 00:26:09,880 bags, you had time to scale out at that small loss. 508 00:26:10,200 --> 00:26:13,400 Meme coins, you're up and then next second you're down half of 509 00:26:13,400 --> 00:26:16,080 your money. So retail just got destroyed. 510 00:26:17,120 --> 00:26:19,120 Retail came for trial, but I, I was talking to them. 511 00:26:20,080 --> 00:26:23,160 I, I was talking to a buddy who like he, he runs a real estate 512 00:26:23,160 --> 00:26:25,680 company. So he, he dabbles loosely in 513 00:26:25,680 --> 00:26:26,920 crypto. He's a guy. 514 00:26:27,000 --> 00:26:28,400 I bought the Trump coin and I got rinsed. 515 00:26:29,040 --> 00:26:30,920 Yeah. And that, that's, that's the 516 00:26:30,920 --> 00:26:32,320 story. So retail did come in and 517 00:26:32,320 --> 00:26:34,920 unfortunately they they bought the top and and they got 518 00:26:34,920 --> 00:26:36,880 wrecked. They bought Millennia Melania, 519 00:26:36,880 --> 00:26:40,480 they bought, they bought Malay, they bought Enron, they bought 520 00:26:40,480 --> 00:26:44,000 all the Meteora drops. If anything, you can thank Ben 521 00:26:44,000 --> 00:26:47,480 Chow and that whole cabal for for a lot of what's going on on 522 00:26:47,480 --> 00:26:49,520 the Solana space side of things. Of course you can't blame them 523 00:26:49,520 --> 00:26:53,360 for the price Bitcoin, but you know, if anything, you know, 524 00:26:53,360 --> 00:26:55,400 point your point, your pitchforks that way, because 525 00:26:55,400 --> 00:26:56,880 they're the ones who ruined it for everyone. 526 00:26:57,280 --> 00:27:00,720 But Bitcoin dude, is is just because of trend markets. 527 00:27:00,720 --> 00:27:02,640 That's it. People are bullish, man, that 528 00:27:02,640 --> 00:27:05,560 room was stacked. There's good people. 529 00:27:05,680 --> 00:27:08,840 We'll see. I, I remain, you know, positive 530 00:27:08,840 --> 00:27:11,520 in the long term, but short term it's tough to be. 531 00:27:12,760 --> 00:27:14,040 I still think it's the golden bull run. 532 00:27:14,040 --> 00:27:16,080 I just spent 10 minutes talking about how I think the price is 533 00:27:16,080 --> 00:27:17,280 going to go down for a lot longer. 534 00:27:17,400 --> 00:27:21,760 But like, it's hard to like we, we have to keep saying this 535 00:27:21,760 --> 00:27:24,240 because people keep ignoring it. Like this is the most crypto 536 00:27:24,280 --> 00:27:26,800 friendly administration we've ever, ever had. 537 00:27:26,800 --> 00:27:29,240 Everyone who's running these companies is incredibly bullish 538 00:27:29,240 --> 00:27:31,240 on the future. Brian Armstrong is is going to 539 00:27:31,240 --> 00:27:36,680 hire 1000 people in the United States and these people have 540 00:27:36,680 --> 00:27:38,920 time horizons that are longer than the next corner. 541 00:27:39,320 --> 00:27:41,480 So like we we have to keep talking. 542 00:27:41,520 --> 00:27:45,240 Yeah, well, looks like we we saved the listener. 543 00:27:46,560 --> 00:27:49,880 He said Farouk, he said I was over invested in SPX 6900 last 544 00:27:49,880 --> 00:27:53,480 week. I exited and it's down. 545 00:27:54,200 --> 00:27:55,960 You're welcome. I only said that because you 546 00:27:55,960 --> 00:27:58,880 were telling me that I never speak about your bags and I 547 00:27:58,880 --> 00:28:00,080 spoke about them two days before. 548 00:28:00,080 --> 00:28:01,960 So you pissed me off, but I guess I saved you at the same 549 00:28:01,960 --> 00:28:03,720 time. So now I appreciate you saying 550 00:28:03,720 --> 00:28:08,600 that. I mean, what, what, what is what 551 00:28:08,600 --> 00:28:10,160 is your take away? What's your read on this crypto 552 00:28:10,160 --> 00:28:11,720 summit? I mean, what one thing, one more 553 00:28:11,720 --> 00:28:14,280 thing I'll say is a lot of people expected the whole summit 554 00:28:14,280 --> 00:28:16,720 to be broadcasted. No, the point of the summit is 555 00:28:16,720 --> 00:28:19,240 that it's behind closed doors conversations that happened. 556 00:28:19,640 --> 00:28:21,480 I wish we got to ask questions for the press. 557 00:28:21,480 --> 00:28:24,160 You know what, Trump came, the press got to go in, including 558 00:28:24,160 --> 00:28:25,360 me. That's why I was in the room. 559 00:28:26,040 --> 00:28:27,560 Sadly, we didn't get to ask a question. 560 00:28:27,560 --> 00:28:29,560 So I do wish to receive the old questions from the press because 561 00:28:29,560 --> 00:28:31,960 we all had the really cool questions ready, like myself, 562 00:28:31,960 --> 00:28:34,400 Sandra, Eleanor Tourette, Like there was someone from Bitcoin 563 00:28:34,400 --> 00:28:35,960 magazine, there was someone from Coindesk. 564 00:28:36,600 --> 00:28:38,440 So we all had a bunch of questions ready for them. 565 00:28:38,880 --> 00:28:41,000 But instead, like, you know, it was like a round of like, thank 566 00:28:41,000 --> 00:28:42,920 yous to Donald Trump from different founders, which which 567 00:28:42,920 --> 00:28:44,360 is fine. But yeah, I just wish the press 568 00:28:44,360 --> 00:28:47,760 got to say, say their piece. But we don't know what happened 569 00:28:47,760 --> 00:28:49,720 really in there. I just know there was an agenda. 570 00:28:50,440 --> 00:28:52,320 And even the agenda is not like, hey, we're not we're not going 571 00:28:52,320 --> 00:28:53,880 to talk about how do we pump their bags. 572 00:28:54,440 --> 00:28:56,400 They're going to talk about, you know, different aspects On the 573 00:28:56,400 --> 00:29:00,000 agenda was stuff like digital token, what's the general 574 00:29:00,000 --> 00:29:02,800 security, digital currency, digital commodities vision. 575 00:29:02,800 --> 00:29:05,080 Unleash the power of the crypto industry to grow the global 576 00:29:05,080 --> 00:29:09,880 economy, become bankers to the world, revitalize it, revitalize 577 00:29:09,880 --> 00:29:11,120 it. Sorry, capitalism, property 578 00:29:11,120 --> 00:29:12,520 rights. They're just talking about how 579 00:29:12,520 --> 00:29:15,400 they're going to change the banking system, the real estate 580 00:29:15,400 --> 00:29:17,680 system, all the systems using cryptocurrencies and table 581 00:29:17,680 --> 00:29:18,480 coins, etcetera. Right. 582 00:29:18,480 --> 00:29:22,480 So it's it's that's what it was about. 583 00:29:22,480 --> 00:29:26,800 So yeah, long road 200K it is. I think expectations were were 584 00:29:26,800 --> 00:29:28,440 probably too high. Like we knew that was going to 585 00:29:28,440 --> 00:29:32,160 be a round table going into once again, everyone over hyped it. 586 00:29:32,160 --> 00:29:34,840 But then like my God, like everyone on CT just loves to 587 00:29:34,840 --> 00:29:37,040 engagement farm and and negative post. 588 00:29:37,040 --> 00:29:40,440 So everyone comes out and does their videos and their tweets 589 00:29:40,440 --> 00:29:42,320 about how it was so embarrassing. 590 00:29:42,720 --> 00:29:46,600 And like, I, I feel like that was just a, a garbage reaction 591 00:29:47,200 --> 00:29:51,880 to what did take place on Friday or just the fact that it, it 592 00:29:51,880 --> 00:29:54,320 took place. On a Friday. 593 00:29:55,040 --> 00:29:58,520 And then at the same time, literally an hour before the OCC 594 00:29:58,520 --> 00:30:02,520 is repealed, totally changed 180° change course. 595 00:30:02,920 --> 00:30:06,480 Now banks can custody crypto and get into stable coins and 596 00:30:06,480 --> 00:30:09,440 basically took walked back everything that laid the 597 00:30:09,440 --> 00:30:13,200 foundation for Operation Choke .2 point O, which is effectively 598 00:30:13,320 --> 00:30:16,440 acknowledged as a real thing at this point. 599 00:30:16,680 --> 00:30:21,480 So just four months ago, these companies were literally being 600 00:30:21,480 --> 00:30:24,920 choked out of crypto, and now it's the opposite. 601 00:30:25,000 --> 00:30:27,680 So Karen Venkova said it best. He said, he said at the White 602 00:30:27,680 --> 00:30:28,800 House. So you guys probably heard it on 603 00:30:28,800 --> 00:30:31,840 TV. He said, I'll paraphrase. 604 00:30:31,840 --> 00:30:33,720 We said a few. You know, if you asked me this a 605 00:30:33,720 --> 00:30:36,200 few months ago, whatever. Like I, I thought I had more 606 00:30:36,200 --> 00:30:38,120 chance to stand up in prison than at the White House. 607 00:30:39,240 --> 00:30:40,520 And I actually say that quite a bit. 608 00:30:40,560 --> 00:30:43,640 I said, I always thought there was more chance for us to, to, 609 00:30:43,760 --> 00:30:46,600 to, you know, to get attacked and sue this stuff than this to 610 00:30:46,600 --> 00:30:48,760 build. So as a founder, I, I, as a 611 00:30:48,760 --> 00:30:50,840 trader, yeah, I do a little bit, I'm a little bit bearish from 612 00:30:50,840 --> 00:30:52,680 PA. But like, as a founder, I've 613 00:30:52,680 --> 00:30:56,240 never been more bullish in my life, in my life. 614 00:30:56,240 --> 00:30:58,720 Like never, never, never, never, never, never, never. 615 00:30:58,720 --> 00:31:00,840 It's incredible times to be a founder in crypto. 616 00:31:02,760 --> 00:31:04,960 I totally agree. And, and I noticed the shift. 617 00:31:04,960 --> 00:31:08,720 So like I was hanging out with some new friends in, up in our 618 00:31:08,720 --> 00:31:15,000 new neighborhood and like they, their, their facial expressions, 619 00:31:15,000 --> 00:31:17,880 their, their voice when they talk about crypto now is 620 00:31:17,880 --> 00:31:21,200 different than it was a few years ago. 621 00:31:21,400 --> 00:31:25,160 And I feel like it used to be a little more scammy, like, oh, 622 00:31:25,200 --> 00:31:26,920 you're in crypto now. I, I don't know, I feel like 623 00:31:26,920 --> 00:31:30,640 more people start to see the, the upside that it's more 624 00:31:30,640 --> 00:31:35,080 established now and I think there is a lot of signal coming 625 00:31:35,080 --> 00:31:38,320 from that and it is starting at the White House level right now 626 00:31:38,320 --> 00:31:43,960 like that or or not. You know, unfortunately, Tyler, 627 00:31:45,160 --> 00:31:48,320 I'm, I'm glad to hear you say that about your anecdotal 628 00:31:48,320 --> 00:31:51,120 experiences. I have not I, I that hasn't hit 629 00:31:51,120 --> 00:31:57,280 me and my cohort yet, you know, people that like, so I'm in the 630 00:31:57,280 --> 00:31:59,880 at the age group where folks don't necessarily have families, 631 00:31:59,880 --> 00:32:02,080 probably don't have a ton of disposable income, probably 632 00:32:02,080 --> 00:32:05,280 aren't, you know, doing a ton of investing, you know, of course, 633 00:32:05,280 --> 00:32:08,920 rural central PA. I'm not, I'm still not hearing 634 00:32:08,920 --> 00:32:12,080 the positives about crypto or anything like that. 635 00:32:12,560 --> 00:32:14,800 Yeah. I'm hoping it comes, of course 636 00:32:14,800 --> 00:32:17,280 I'm hoping it comes, but I'm still a little bit of a black 637 00:32:17,280 --> 00:32:20,760 sheep as far as like you know, like my friend group or my 638 00:32:20,760 --> 00:32:23,440 demographic at least, you know, locally, I'm of course, I'm just 639 00:32:23,440 --> 00:32:25,920 speaking for myself. I know there's a strong 640 00:32:25,920 --> 00:32:29,720 demographic of users at this age level in crypto, but those that 641 00:32:29,720 --> 00:32:33,720 surround me, I'm not seeing any increased interest at all. 642 00:32:34,440 --> 00:32:37,240 You know, even when price was going up, which of course 643 00:32:37,240 --> 00:32:38,960 doesn't mean anything tiny sample. 644 00:32:39,440 --> 00:32:42,880 It's just something that I I expected, I expected beyond 645 00:32:43,360 --> 00:32:46,720 buying Trump coin. I expecting people to be maybe a 646 00:32:46,720 --> 00:32:49,680 little more open to buying Bitcoin or something like that 647 00:32:49,680 --> 00:32:52,320 and just those around me and it, you know, it hasn't really 648 00:32:52,320 --> 00:32:55,200 happened yet. Interesting. 649 00:32:56,600 --> 00:33:00,800 Yeah, I think that's fair. I think while they were more 650 00:33:00,800 --> 00:33:03,600 more acknowledging and nicer about, they also weren't asking 651 00:33:03,600 --> 00:33:07,360 me like what they should buy. Yeah, for me it's different. 652 00:33:07,360 --> 00:33:10,000 My friends were all finally got into the space, but that was at 653 00:33:10,000 --> 00:33:12,000 the top. I'm fucking down so bad right 654 00:33:12,000 --> 00:33:12,720 now. Shit. 655 00:33:13,080 --> 00:33:19,080 But Oh my God, man, this is this is a funny, it's weird days. 656 00:33:19,320 --> 00:33:23,000 I'm getting flashbacks from 1 Meadow and I used to host in 657 00:33:23,120 --> 00:33:26,800 2021 on the downtrend, 11 red weekly candles in a row. 658 00:33:26,800 --> 00:33:29,800 And we came up every day on this show and we're like, fuck, like, 659 00:33:29,840 --> 00:33:32,760 how do we even turn this into like, we're like, well, the 660 00:33:32,760 --> 00:33:34,760 timeline is so bearish and so grim. 661 00:33:34,760 --> 00:33:37,440 Like we have to somehow make people feel better without being 662 00:33:37,440 --> 00:33:42,040 like also like woo woo, like and and I'm flashbacks talking to 663 00:33:42,040 --> 00:33:44,040 you guys like we're like, oh, we're positive. 664 00:33:44,040 --> 00:33:46,320 So many good outlooks. And then look to my left screen 665 00:33:46,320 --> 00:33:50,640 and it's 79 four and we're about to lose 120 oz hole and 2000 on 666 00:33:50,640 --> 00:33:51,760 these. And I'm not even going to pull 667 00:33:51,760 --> 00:33:54,240 up my Sonic charger because I'm popping down like high 6 figures 668 00:33:54,240 --> 00:33:55,600 right now. It's OK, I'm just going to 669 00:33:55,600 --> 00:33:57,840 huddle right, Like my spot bags are meant to be held. 670 00:33:58,320 --> 00:34:01,280 But it's just like it's it's hard, right? 671 00:34:01,400 --> 00:34:05,320 And I think it's hard for us as much as it's hard for, for, for, 672 00:34:05,320 --> 00:34:07,720 for, for anybody else. You just got to hang tight, 673 00:34:08,080 --> 00:34:10,000 honestly, like the best thing you can do right now. 674 00:34:10,679 --> 00:34:12,679 And I'm surprised that a lot of people seem not to have that 675 00:34:12,679 --> 00:34:14,199 figured out. Like you got to have like, I 676 00:34:14,199 --> 00:34:16,440 tell people like, you got to buy dips and be like, with what 677 00:34:16,440 --> 00:34:17,480 money? I'm like, do people don't have 678 00:34:17,480 --> 00:34:20,239 jobs? Like, like you guys have jobs 679 00:34:20,239 --> 00:34:21,440 and know that, yeah, I have a job. 680 00:34:21,440 --> 00:34:23,400 Well, but people don't have easy. 681 00:34:24,080 --> 00:34:26,800 Even for people with jobs, man, I mean it's it's not easy. 682 00:34:26,800 --> 00:34:27,960 It's tough days. It's true. 683 00:34:28,080 --> 00:34:31,280 Things are expensive. I don't, I don't mean to poke 684 00:34:31,280 --> 00:34:33,239 fun at it the whole egg thing, but like. 685 00:34:33,520 --> 00:34:37,280 No, you're right. Buy groceries and he's a family. 686 00:34:37,280 --> 00:34:38,639 It's it's really, really tough to. 687 00:34:38,639 --> 00:34:41,040 Do I'm in Canada, I'm. Speaking I I get it. 688 00:34:41,239 --> 00:34:43,000 And I'm speaking as someone who's not doing that. 689 00:34:43,000 --> 00:34:45,000 I I supply dinner for my little brother. 690 00:34:45,000 --> 00:34:48,760 That's about it. I mean, I, I supply for just for 691 00:34:48,760 --> 00:34:51,080 two people in here and, and we're paying a fuck ton of money 692 00:34:51,080 --> 00:34:54,440 in Canada just for milk. I, I get it, dude. 693 00:34:54,880 --> 00:34:56,719 Tyler Dee's household. I mean, I don't even want to 694 00:34:56,719 --> 00:34:58,880 know your bills. Yeah. 695 00:35:00,040 --> 00:35:02,000 Yeah, that's what that's one of those things that scares me a 696 00:35:02,000 --> 00:35:04,680 little bit when we talk about like, you know, there's that I'm 697 00:35:04,680 --> 00:35:08,520 not sure how how strong the the feelings are around the they're 698 00:35:08,520 --> 00:35:10,400 tanking it. So it's cheaper for people to 699 00:35:10,400 --> 00:35:12,800 invest type thing. I, I don't think that's really 700 00:35:12,800 --> 00:35:15,640 taken hold, but that I'm highly skeptical of that. 701 00:35:16,040 --> 00:35:20,000 People that don't invest don't invest. 702 00:35:20,000 --> 00:35:21,440 They don't have the funds to invest. 703 00:35:21,440 --> 00:35:22,880 It's not because they don't want to. 704 00:35:22,880 --> 00:35:24,640 It's not. Because it's true prices. 705 00:35:24,640 --> 00:35:28,040 Are too high or too low it's just like they can't do it so it 706 00:35:28,040 --> 00:35:31,120 doesn't matter if Bitcoin is 40,000 or whatever they're 707 00:35:31,560 --> 00:35:34,480 they're not going to buy because they can't afford to buy so that 708 00:35:34,720 --> 00:35:38,200 I haven't really seen that on my timeline lately it it was for a 709 00:35:38,200 --> 00:35:41,080 brief moment in time and they were like looking to blow things 710 00:35:41,080 --> 00:35:42,720 down. Did it come from Chamath like 711 00:35:42,720 --> 00:35:45,000 maybe others like I saw stuff like that from? 712 00:35:45,000 --> 00:35:47,960 I think it was Chamath. Yeah, that seems like I don't 713 00:35:47,960 --> 00:35:52,360 know, that seems incredibly, incredibly just like tone deaf 714 00:35:52,400 --> 00:35:55,840 in in my opinion. But anyway I. 715 00:35:56,200 --> 00:36:00,200 Will say on the bright side of this is is there's no longer 716 00:36:00,200 --> 00:36:03,480 token mania. So now is the time like where 717 00:36:03,480 --> 00:36:07,320 you can actually spend whatever time you want to go to the 718 00:36:07,320 --> 00:36:11,240 space, maybe start looking into protocols, right, like actually 719 00:36:11,240 --> 00:36:15,280 use some of the apps that are out there and I can like this is 720 00:36:15,280 --> 00:36:17,320 a great environment for Myriad to launch. 721 00:36:17,400 --> 00:36:22,160 You want to talk about that a little bit when Polymarket, I 722 00:36:22,200 --> 00:36:25,400 mean, certainly they caught a huge boom last year from the 723 00:36:25,560 --> 00:36:29,160 election cycle. But also if you remember the 724 00:36:29,160 --> 00:36:32,200 time period leading up to the election was that the most 725 00:36:32,200 --> 00:36:34,880 bearish. Bearish may be the wrong word, 726 00:36:34,880 --> 00:36:37,320 but it was the most quiet months from a crypto trading 727 00:36:37,320 --> 00:36:41,560 perspective that we had that August, September into October, 728 00:36:41,560 --> 00:36:43,000 lol. I go look at the pump fund 729 00:36:43,000 --> 00:36:46,200 chart. It was the by by far the slowest 730 00:36:46,200 --> 00:36:49,280 period of time. Now we're getting that reset 731 00:36:49,280 --> 00:36:51,800 again. So I actually think it's a great 732 00:36:51,800 --> 00:36:54,920 time for for protocols like Myriad to launch. 733 00:36:54,920 --> 00:36:57,680 And for those who are sitting around kind of wondering what to 734 00:36:57,680 --> 00:37:03,840 do, like go, go find low capital ways to start using these 735 00:37:03,840 --> 00:37:06,480 protocols, see what you like and then figure out where you want 736 00:37:06,480 --> 00:37:10,240 to dig in from there. I have a lot of love betting on 737 00:37:10,240 --> 00:37:12,720 Myriad this. Is my this is actually my 738 00:37:12,720 --> 00:37:15,600 favorite time in the market. I it's no, it's horrible to say, 739 00:37:15,600 --> 00:37:19,400 but the chop is the best because you can zoom out like. 740 00:37:19,960 --> 00:37:22,040 You're right though. You can go offline. 741 00:37:22,200 --> 00:37:24,800 I was not online at all yesterday and didn't feel like I 742 00:37:24,800 --> 00:37:27,400 was missing anything Like it's so much more healthy. 743 00:37:27,800 --> 00:37:31,440 You know, it's, it's my gosh, it it's wild, but I but. 744 00:37:31,440 --> 00:37:33,120 We're down so bad. We're talking about health. 745 00:37:33,120 --> 00:37:37,160 It's true though. But you're right though, like 746 00:37:37,160 --> 00:37:38,400 you're right that that's the thing. 747 00:37:38,400 --> 00:37:41,560 Like you're right. I remember last cycle I fucked 748 00:37:41,560 --> 00:37:42,920 my health up. It was during the bear market 749 00:37:42,920 --> 00:37:45,440 that I saved myself. But it's again like 20 lbs. 750 00:37:45,960 --> 00:37:48,560 I can and I can last bear. Let's pull because I was like, 751 00:37:48,560 --> 00:37:51,240 just like boss of the wall, just online 24/7. 752 00:37:52,080 --> 00:37:53,280 So so it'll be interesting to see. 753 00:37:53,280 --> 00:37:54,560 I mean, Mary, I mean, let's talk about it. 754 00:37:55,080 --> 00:37:57,720 I genuinely believe, and this goes to all prediction markets 755 00:37:57,720 --> 00:38:00,520 in general, not just us, that there is a better edge right now 756 00:38:00,520 --> 00:38:03,160 making money if you're you want to trade, if you want to give it 757 00:38:03,160 --> 00:38:05,880 a shot on prediction markets. So I'm not even saying my shit 758 00:38:05,880 --> 00:38:07,600 because we only have one money market open right now, but we're 759 00:38:07,600 --> 00:38:09,480 opening three more this week. By the way, starting today. 760 00:38:10,160 --> 00:38:11,840 We're real. We're doing a Bitcoin price 761 00:38:12,280 --> 00:38:16,000 point for the week over under. We're going to pick the over 762 00:38:16,000 --> 00:38:18,760 under. We're doing another fear and 763 00:38:18,760 --> 00:38:19,760 greed index. So people love that. 764 00:38:19,760 --> 00:38:21,760 So every Thursday from here forward, we're going to open a 765 00:38:21,760 --> 00:38:24,200 fear and greed index for the end of week every Thursday. 766 00:38:24,200 --> 00:38:28,360 So it's going to be a thing now on myriad and we're doing F1 for 767 00:38:28,360 --> 00:38:31,400 for this weekend, for Sunday and then we're opening March Madness 768 00:38:31,400 --> 00:38:32,720 1 as well. So it's going to be fun. 769 00:38:33,000 --> 00:38:34,720 But I genuinely believe that you have a better edge. 770 00:38:34,760 --> 00:38:37,320 And I say that because I actually have the stats in the 771 00:38:37,320 --> 00:38:42,760 pre season USA, no USA points markets, 73% of people won. 772 00:38:43,920 --> 00:38:49,120 This is better statistic than anything that that you have in 773 00:38:49,120 --> 00:38:52,000 the market right now. Mean coins probably what .1 like 774 00:38:52,000 --> 00:38:53,440 I don't even want, I don't know what it is. 775 00:38:53,440 --> 00:38:56,000 I don't want to talk shit, but like there's a better edge here 776 00:38:56,000 --> 00:38:59,560 in prison markets in my opinion. So yeah, we could go there if 777 00:38:59,560 --> 00:39:01,240 you want, Tyler. But it was a good weekend. 778 00:39:01,240 --> 00:39:05,000 We did about we're about to hit $150,000 in USDC volume, so I'm 779 00:39:05,000 --> 00:39:08,720 pretty happy about that. But we hit it, sorry, $157,000 780 00:39:08,720 --> 00:39:14,960 in USDC volume, 3600 traders. So this is some good stats here, 781 00:39:14,960 --> 00:39:18,000 you know. Yeah, so like I'm happy to talk 782 00:39:18,000 --> 00:39:20,960 about my personal story. So I was, I had a nice hit on 783 00:39:20,960 --> 00:39:24,760 the fear and greed index bet and what what I love about like 784 00:39:24,760 --> 00:39:26,600 these markets and, and how there's an edge. 785 00:39:26,600 --> 00:39:30,200 So I started out on the yes side bumping into the weekend. 786 00:39:30,200 --> 00:39:34,840 It got up to 7030 and then I was like, that feels a little high. 787 00:39:35,280 --> 00:39:38,800 We the, the index only updates once per day. 788 00:39:38,800 --> 00:39:40,720 So we knew it was going to update it at 8:00 PM Eastern. 789 00:39:41,120 --> 00:39:45,120 It was sitting at 27. It had to dip below 25 for the 790 00:39:45,120 --> 00:39:49,680 no to hit Sunday morning. I'm watching Bitcoin, it loses 791 00:39:49,680 --> 00:39:53,400 83 K. I'm like, oh boy, if this thing 792 00:39:53,400 --> 00:39:57,520 keeps going down today, I think the no's got a real shot. 793 00:39:58,200 --> 00:40:00,800 And then it goes to 82. I'm like, all right, I'm going 794 00:40:00,800 --> 00:40:05,040 to close the yes side. And if it goes much lower, I'm 795 00:40:05,040 --> 00:40:08,000 probably going to buy the no side and then go lower. 796 00:40:08,000 --> 00:40:11,200 So I loaded up on no. So I basically I had a 797 00:40:11,200 --> 00:40:14,680 profitable trade on the yes side and then was able to hit the 798 00:40:14,680 --> 00:40:16,960 winner. Because it ended up coming out 799 00:40:16,960 --> 00:40:22,880 at 20, but you were around and following this once like ETH 800 00:40:22,880 --> 00:40:26,120 lost 2K. ETH briefly went below 2000 801 00:40:26,120 --> 00:40:28,360 yesterday. And when that happened, like, 802 00:40:28,360 --> 00:40:31,640 all right, like fear and greed is going to go below like, 100. 803 00:40:32,000 --> 00:40:34,920 It was at 78, five, yes, at peak. 804 00:40:35,880 --> 00:40:40,560 People thought that was a lock. It looked like, I mean it was 805 00:40:40,880 --> 00:40:42,680 until the Sunday sell off right? Like it? 806 00:40:42,720 --> 00:40:47,040 It was definitely a lock until. You know, I like prediction 807 00:40:47,040 --> 00:40:48,120 markets. Until it wasn't. 808 00:40:48,680 --> 00:40:53,400 You know, I like prediction markets as as a tell for even 809 00:40:53,480 --> 00:40:55,960 you could use prediction markets to your advantage for trading 810 00:40:57,560 --> 00:41:00,240 because when this prediction market started tanking towards a 811 00:41:00,240 --> 00:41:02,360 zero, technically you could have hedge. 812 00:41:02,600 --> 00:41:05,680 You could have either gone short the market if you believe that 813 00:41:05,680 --> 00:41:09,560 the, the cut, the sentiment is a reflection of the price, or you 814 00:41:09,560 --> 00:41:12,800 could have also sold your positions, saving you a pump a 815 00:41:12,800 --> 00:41:15,040 dump. So we went from 83K84K actually 816 00:41:15,040 --> 00:41:17,680 we're probably 80 fives here. So let's say 79 K. 817 00:41:18,280 --> 00:41:21,640 So on the other flip side, I actually used Myriad once to my 818 00:41:21,640 --> 00:41:24,840 best trade of the cycle was Trump, which now I'm fucking 819 00:41:24,840 --> 00:41:28,640 wrecked on. But I made it because I went on 820 00:41:28,640 --> 00:41:31,440 Myriad. We only had points back then and 821 00:41:31,440 --> 00:41:34,640 I looked at, I looked at what the people thought Trump would 822 00:41:34,640 --> 00:41:37,680 be at by inauguration time. And a lot of we already flipped 823 00:41:37,680 --> 00:41:38,960 those or something. We had a market on that. 824 00:41:38,960 --> 00:41:42,320 A lot of people said yes. So I was like, why do 80% of 825 00:41:42,320 --> 00:41:43,400 people think it's a yes or something? 826 00:41:43,400 --> 00:41:44,960 It is. So I took the trade like with 827 00:41:44,960 --> 00:41:46,640 real money of course, and I cooked. 828 00:41:47,440 --> 00:41:54,600 And so I like producing markets as another metric of sentiment 829 00:41:55,000 --> 00:41:57,800 or something else to make a trade. 830 00:41:58,160 --> 00:42:00,440 Should try that. So so far it's been pretty good. 831 00:42:00,920 --> 00:42:02,280 I just looked at the Trump price. 832 00:42:03,400 --> 00:42:10,120 I don't know. 1082 it's 85% off all time high which to your 833 00:42:10,120 --> 00:42:12,000 point Tyler about folks coming in and buying. 834 00:42:12,000 --> 00:42:18,240 I mean you had to you had to buy night one hour one hour 2 to be 835 00:42:18,760 --> 00:42:20,920 if you held to be positive now maybe. 836 00:42:22,160 --> 00:42:24,320 I mean, no, no, no, no, no, no, you can't. 837 00:42:25,160 --> 00:42:27,840 No, because I have to say when I first saw it. 838 00:42:28,600 --> 00:42:30,160 Oh, it's that. Oh, it's that two Bill. 839 00:42:30,160 --> 00:42:32,320 No, you're right. Yeah, I'm on between. 3:00 and 840 00:42:32,800 --> 00:42:34,560 6:00. Yeah, but it's like 5 four and a 841 00:42:34,560 --> 00:42:37,400 mill is when I saw it first. 1st 2 hours basically. 842 00:42:37,800 --> 00:42:38,280 You're right. Yeah. 843 00:42:38,280 --> 00:42:39,200 First two hours. Yeah. 844 00:42:39,200 --> 00:42:41,080 Two, Yeah. Hour. 2 hour, yeah. 845 00:42:42,120 --> 00:42:46,120 I mean, I think most most people expected this to a certain 846 00:42:46,120 --> 00:42:49,200 degree, not, you know, maybe not to this severity, but like, you 847 00:42:49,200 --> 00:42:52,680 know, you kind of expected it to just sort of lull about for a 848 00:42:52,680 --> 00:42:54,080 while. But this is. 849 00:42:54,600 --> 00:42:55,440 I didn't. I expect this. 850 00:42:56,000 --> 00:42:58,360 I didn't. I don't know. 851 00:42:58,440 --> 00:43:00,720 I Yeah. Weeks I thought it could be like 852 00:43:00,720 --> 00:43:05,200 one of the the big 5 main points I did. 853 00:43:06,040 --> 00:43:07,800 I think a lot of people did. We do have a mark. 854 00:43:07,800 --> 00:43:09,280 We did have a market on that as well. 855 00:43:10,200 --> 00:43:13,240 A lot of people thought that as well. 856 00:43:13,240 --> 00:43:15,040 I forget what it was. We had a market on that. 857 00:43:15,960 --> 00:43:19,480 Like when it held that $40 range, so it shot the 75 looked 858 00:43:19,480 --> 00:43:20,920 like it was going to go to Infinity. 859 00:43:21,320 --> 00:43:24,440 Melania came, it dropped. But then that that week it 860 00:43:24,440 --> 00:43:27,440 started rebounding and it held that like $40 level there for a 861 00:43:27,440 --> 00:43:32,200 little while. I bought some at 40. 862 00:43:33,120 --> 00:43:36,640 I I thought like OK this thing. Could, yeah, we still have that. 863 00:43:37,480 --> 00:43:40,040 Look at this, We still have a market on it where will trump 864 00:43:40,040 --> 00:43:44,760 meme coin rank by the end of Q1. And this is an interesting 865 00:43:44,760 --> 00:43:47,080 chart, right? All right, where? 866 00:43:47,520 --> 00:43:49,680 What's the meme coin ranking right now? 867 00:43:49,720 --> 00:43:56,560 So 70% of people think 4. So that's behind what Doge Sheba 868 00:43:56,800 --> 00:43:57,800 let's. Look here. 869 00:43:57,800 --> 00:43:59,640 You can click here. Right here it is. 870 00:43:59,640 --> 00:44:06,720 It's per the Coin Gecko, so 4. Actually, I don't see Bunk 871 00:44:06,720 --> 00:44:09,680 catching up to Trump here. Even Trump on the way down. 872 00:44:10,520 --> 00:44:12,760 It's going to be 4. It's going to be 3 or 4. 873 00:44:12,760 --> 00:44:17,640 You're right. Oh, it's 5 billion. 874 00:44:19,480 --> 00:44:21,000 But wait, wait, excuse me, what is bunk at? 875 00:44:21,400 --> 00:44:27,320 780 million. Dude it's so bad with this 400 876 00:44:27,360 --> 00:44:30,160 million. I love, obviously I love the 877 00:44:30,160 --> 00:44:32,320 Penguins, but that opened a three to five bill. 878 00:44:32,600 --> 00:44:36,760 That's just goes to tell you the market right now STX IS300. 879 00:44:37,080 --> 00:44:41,040 Let's look at the Mirad list. Oh my gosh I just saw actually 880 00:44:41,040 --> 00:44:44,520 when Twitter finally came back up for me, the 1st post on my 881 00:44:44,520 --> 00:44:47,480 screen was Murad's tweet that said the bounces will be 882 00:44:47,480 --> 00:44:49,600 glorious. Shut the fuck up. 883 00:44:50,200 --> 00:44:54,520 It's hilarious, a poor guy. Sometimes he's gonna lie a 884 00:44:54,520 --> 00:44:56,440 little. Bit well, no, he stole this 885 00:44:56,440 --> 00:44:57,640 book. The Galaxy, right? 886 00:44:58,040 --> 00:45:00,840 No, that was fake. That was fake. 887 00:45:01,280 --> 00:45:02,240 Yeah. The. 888 00:45:02,720 --> 00:45:05,080 Yeah, that one, that was like the first tweet that loaded for 889 00:45:05,080 --> 00:45:12,800 me. I, you know, I don't have it in 890 00:45:12,800 --> 00:45:17,200 me to believe in something quite like this man does, and I fully 891 00:45:17,200 --> 00:45:19,600 recognize that. So I hope it works out for him 892 00:45:19,600 --> 00:45:21,840 because it means good things probably for a lot of folks. 893 00:45:22,120 --> 00:45:24,240 Well, yeah, if it bounces for him, it means it bounces for CT. 894 00:45:24,320 --> 00:45:27,320 Right. But I just, I don't have it in 895 00:45:27,320 --> 00:45:29,440 me and I recognize I don't have it in me. 896 00:45:29,440 --> 00:45:31,640 I will never have it in me to believe in something the way he 897 00:45:31,640 --> 00:45:34,000 believes in this. I have it in me, but not in a 898 00:45:34,000 --> 00:45:36,720 coin in me like in our company, like it's something I'm 899 00:45:36,720 --> 00:45:40,560 building, you feel me? Like, Yeah, I believe in Myriad 900 00:45:40,560 --> 00:45:41,920 the way Mirad believes in his coins. 901 00:45:43,120 --> 00:45:46,640 But I founded the thing. That's a really good, that's a 902 00:45:46,640 --> 00:45:49,280 good thing to be able to have, right, so. 903 00:45:49,320 --> 00:45:53,200 Like believing in a coin that you haven't made that you have 904 00:45:53,200 --> 00:45:56,040 no control of because it's so decentralized, so many holders 905 00:45:56,040 --> 00:45:57,480 and you don't know their personal things. 906 00:45:57,480 --> 00:46:01,720 It's tough to believe it unless it's Bitcoin, right? 907 00:46:01,720 --> 00:46:04,840 Because even Solana like was the top three at some point with all 908 00:46:04,840 --> 00:46:07,360 the rugs that fucked it with externalities that fucked you 909 00:46:08,000 --> 00:46:09,920 and us. So it's hard to believe in 910 00:46:09,920 --> 00:46:12,960 something when something so like Solana was the third largest 911 00:46:12,960 --> 00:46:18,040 crypto by market cap boys and all these things still happen. 912 00:46:18,040 --> 00:46:21,160 Externalities have destroyed it, right? 913 00:46:21,560 --> 00:46:23,520 It's going to bounce. It's OK, things are going to get 914 00:46:23,520 --> 00:46:25,440 better. But it's think about that guys. 915 00:46:26,160 --> 00:46:28,360 Actually do you guys think Solana bounces is hard on when 916 00:46:28,360 --> 00:46:31,040 it bounce when when the market turns around, do you think the 917 00:46:31,040 --> 00:46:32,480 casino is still going to be on Queselana? 918 00:46:35,480 --> 00:46:39,040 It's it's hard for me to think the casino is going away and so 919 00:46:39,120 --> 00:46:41,200 it's going to be on Solana I. Think so too. 920 00:46:42,160 --> 00:46:44,880 But also like it does feel like there's a bit of a cultural 921 00:46:44,880 --> 00:46:47,720 shift in crypto where like believe in something is like, 922 00:46:47,760 --> 00:46:53,400 let's believe in protocols and teams again versus let's, let's 923 00:46:53,400 --> 00:46:56,800 believe in this coin. Can we can we get back to that? 924 00:46:56,920 --> 00:46:59,120 Like genuinely like even though NF TS, a lot of stuff we got 925 00:46:59,120 --> 00:47:01,280 sold was vaporware, We actually believed in teams. 926 00:47:02,440 --> 00:47:04,880 We just were wrong about a lot of the teams. 927 00:47:05,480 --> 00:47:07,720 But when you think about it, if you bet on the right teams, a 928 00:47:07,720 --> 00:47:10,160 lot of teams are still there. Now price is not as good, but 929 00:47:10,160 --> 00:47:13,720 Yuga Labs didn't leave. We didn't leave Azuki didn't 930 00:47:13,720 --> 00:47:15,320 leave pudgy Penguins didn't leave. 931 00:47:16,040 --> 00:47:17,640 As a matter of fact, if you believed in pudgy Penguins 932 00:47:17,640 --> 00:47:21,360 through the bear, you made a fuck ton of money, right. 933 00:47:21,480 --> 00:47:26,840 So there's there's a lot of there's a lot of I really a lot 934 00:47:26,840 --> 00:47:28,360 of people do you guys. There was a main question. 935 00:47:28,360 --> 00:47:29,840 A lot of people saying they didn't have fun the cycle. 936 00:47:29,840 --> 00:47:31,200 I mean, I had fun cycle because I love this place. 937 00:47:31,200 --> 00:47:32,880 I have fun every day in my life. But did you guys have fun this 938 00:47:32,880 --> 00:47:34,120 cycle? A lot of people saying, Oh, I 939 00:47:34,120 --> 00:47:36,840 didn't have fun this cycle, this shit, worst cycle ever. 940 00:47:36,840 --> 00:47:39,560 Like what do you guys think? I'm curious about you two. 941 00:47:40,800 --> 00:47:42,280 It was. Now go ahead, Logan. 942 00:47:42,520 --> 00:47:46,160 Yeah, you know, I had fun. I did have fun, but it was. 943 00:47:46,360 --> 00:47:48,840 Runners. It was a different cycle, of 944 00:47:48,840 --> 00:47:53,880 course, and when comparing to 20/21, it was a lot more 945 00:47:53,880 --> 00:47:56,280 exhausting. A lot more exhausting. 946 00:47:56,480 --> 00:47:59,320 Interesting. So I, I did have fun. 947 00:47:59,640 --> 00:48:03,880 I of course enjoyed it. You know, round tripped a lot of 948 00:48:03,880 --> 00:48:07,000 stuff just like everybody else. But I, I had fun. 949 00:48:07,040 --> 00:48:08,480 I was just tired at the end of it. 950 00:48:09,800 --> 00:48:14,200 I did, I, I had a lot of success in the AI meta. 951 00:48:15,600 --> 00:48:18,240 There was, there were a few weeks there where you could buy 952 00:48:18,240 --> 00:48:21,880 any AI coin between 5 and 10 million and it was going to two 953 00:48:21,880 --> 00:48:25,120 to 5X if, if, if you were deep in those trenches. 954 00:48:25,120 --> 00:48:28,480 And that was, that was fun. That was a fun game. 955 00:48:30,760 --> 00:48:36,120 The NFTS had their brief token era right where we got the NFT 956 00:48:36,120 --> 00:48:38,560 pump back. They're all still higher for the 957 00:48:38,560 --> 00:48:40,600 most part than where they were bear market lows. 958 00:48:40,600 --> 00:48:43,760 I think the Zuki kind of maybe is the outlier there. 959 00:48:45,240 --> 00:48:47,800 Had a couple nice air drops along the way. 960 00:48:48,600 --> 00:48:50,640 So it depends if you were a recipient or not. 961 00:48:50,640 --> 00:48:56,760 Like Kaido came on the board so I had some fun, but also like 962 00:48:56,760 --> 00:49:00,760 everyone got so so tired. So the I'm tired boss meme was 963 00:49:00,760 --> 00:49:05,680 the number one meme. #1 meme. You found yourself posting that 964 00:49:05,680 --> 00:49:09,520 meme. Now is your time to to recharge. 965 00:49:09,560 --> 00:49:11,840 Like I don't want to see the meme again when prices are 966 00:49:11,840 --> 00:49:16,000 pumping in 1/4 or six months. Rest up. 967 00:49:16,720 --> 00:49:21,000 Rest the hell up, because you have your window right now. 968 00:49:22,400 --> 00:49:24,680 OK, I'm glad to hear this. I think a lot of people seem to 969 00:49:24,680 --> 00:49:25,880 have fun. The cycle are lying. 970 00:49:25,880 --> 00:49:29,360 Like for the timeline it's like like shit posting. 971 00:49:29,960 --> 00:49:32,360 It was a fun, it's been fun. The cycle is not over. 972 00:49:32,360 --> 00:49:33,640 We didn't get another pump, boys. 973 00:49:35,280 --> 00:49:38,560 No, I don't. I don't think it's a wrap, 974 00:49:38,640 --> 00:49:40,160 Jenny. Don't think the cycle's a wrap. 975 00:49:41,560 --> 00:49:44,760 You know, I Jenny, don't think as people think. 976 00:49:45,160 --> 00:49:48,280 If you have been here for multiple cycles, you realize how 977 00:49:48,280 --> 00:49:50,040 much of an anomaly last cycle was. 978 00:49:50,040 --> 00:49:51,960 We're just returning to Bitcoin being the main driver. 979 00:49:52,000 --> 00:49:54,080 Yeah, it was it was insane in this whole thing. 980 00:49:54,320 --> 00:49:56,240 I think a lot of I've heard that from a lot of like multi 981 00:49:56,240 --> 00:49:58,400 cyclers. I'm not, so I can't talk like 982 00:49:58,400 --> 00:50:02,640 that, but I've heard that from a lot of multi cyclers that it's 983 00:50:02,640 --> 00:50:03,960 been better. Yeah, no Twitter's basically 984 00:50:03,960 --> 00:50:05,120 because Twitter was rugged. Anyways. 985 00:50:05,120 --> 00:50:06,880 I saw the times slaughtered 11 before. 986 00:50:08,280 --> 00:50:10,160 Is there anything important I didn't cover and if that was 987 00:50:10,160 --> 00:50:14,760 just going to push it tomorrow? I think that that's mostly it 988 00:50:14,760 --> 00:50:16,160 was like we just got some breaking news. 989 00:50:16,160 --> 00:50:19,600 Coinbase is going to launch 24/7 and perp style futures in the 990 00:50:19,880 --> 00:50:23,000 US, So we may have to wow, talk about that tomorrow. 991 00:50:23,000 --> 00:50:27,960 Holy shit 24 seventh dial. What happens to hype price on 992 00:50:27,960 --> 00:50:34,000 that? Where's Hyper liquid at $14.00? 993 00:50:34,080 --> 00:50:39,960 Could be worse honestly. How many weekly Reds did we just 994 00:50:39,960 --> 00:50:47,760 get? Salon is at 123451 green 6-7. 995 00:50:48,480 --> 00:50:51,600 Yeah, yeah. What about the only other? 996 00:50:52,080 --> 00:50:53,920 The only other thing I'm tracking, we talked about it 997 00:50:53,920 --> 00:50:57,760 very briefly on Friday, Tyler, is the Friday night the SI 998 00:50:57,760 --> 00:51:02,120 MD0228, the Solana proposal to change the emission schedule 999 00:51:02,520 --> 00:51:04,640 went live. I was just taking a look off 1000 00:51:04,640 --> 00:51:07,400 screen here at the current voting. 1001 00:51:07,720 --> 00:51:11,520 It has not reached quorum yet. If so, not enough votes yet for 1002 00:51:11,520 --> 00:51:14,400 this to pass, but it is voting at 75%. 1003 00:51:14,400 --> 00:51:18,320 Yes, if this I'm just using one data source I've not been able 1004 00:51:18,320 --> 00:51:20,640 to to independently verify across a couple others. 1005 00:51:21,200 --> 00:51:24,280 So if that's right, this would this would pass and they'd be 1006 00:51:24,600 --> 00:51:29,600 moving to a market based or dynamic emission schedule, so 1007 00:51:29,600 --> 00:51:33,160 not just the flat time based one that they'd previously utilized. 1008 00:51:33,160 --> 00:51:38,840 So some obviously it would have some impact on sole price, of 1009 00:51:38,840 --> 00:51:42,400 course, the authors suggested perhaps good. 1010 00:51:43,200 --> 00:51:46,120 Others I've seen, you know, suggested perhaps not so good. 1011 00:51:46,120 --> 00:51:47,760 So we'll see. But that that's one of the other 1012 00:51:47,760 --> 00:51:49,360 things I'm tracking. We'll we'll be talking about 1013 00:51:49,360 --> 00:51:51,960 throughout the week. I imagine it's not on my 1014 00:51:51,960 --> 00:51:54,000 timeline as much anymore. It was on Friday, though. 1015 00:51:56,240 --> 00:52:00,880 Thinking Kobe's tweeting so funny, he said. 1016 00:52:00,880 --> 00:52:02,360 Hey guys, big announcement for me. 1017 00:52:02,800 --> 00:52:05,880 I've accepted a role as the new chairman of White Dudes for 1018 00:52:05,880 --> 00:52:08,960 Kamala. I'm looking for, I'm looking 1019 00:52:08,960 --> 00:52:11,000 forward to spending the next four years electing the first 1020 00:52:11,000 --> 00:52:12,560 group to president. Thank you. 1021 00:52:13,640 --> 00:52:17,120 Too soon. Oh, bad. 1022 00:52:17,120 --> 00:52:20,640 All right, well, everybody listen, keep your head eye. 1023 00:52:21,120 --> 00:52:23,800 It's a great time to use apps. It's a great time to use new 1024 00:52:23,800 --> 00:52:25,480 block chains. There's a lot of them coming up. 1025 00:52:25,520 --> 00:52:28,320 I know ABS has probably going to TG at some point. 1026 00:52:28,320 --> 00:52:30,960 Definitely not in this market. You have monad test that's 1027 00:52:30,960 --> 00:52:32,320 finishing. So there's there's a lot of 1028 00:52:32,320 --> 00:52:33,960 stuff going on there. There's a test not happening. 1029 00:52:33,960 --> 00:52:36,440 Sorry. You have myriad. 1030 00:52:36,440 --> 00:52:38,080 I'm sure fantasy top is still happening. 1031 00:52:38,080 --> 00:52:39,720 You have ethos. You have all these different 1032 00:52:39,720 --> 00:52:41,520 apps that that there's a road tracing. 1033 00:52:41,520 --> 00:52:44,360 There's a bunch of stuff going on in the in this market. 1034 00:52:44,360 --> 00:52:48,320 So make sure you keep yourself busy because it's what's going 1035 00:52:48,320 --> 00:52:52,840 to that always helps you get get through the thing. 1036 00:52:53,320 --> 00:52:55,600 Looks like Tyler emptied his shelf in the back to buy the I'm 1037 00:52:55,600 --> 00:52:58,560 in. A new house? 1038 00:52:58,600 --> 00:53:03,600 Give me a damn break. Yeah, I need to. 1039 00:53:04,080 --> 00:53:09,280 Get this, This is so funny bro Tyler shipped to yourself to 1040 00:53:09,320 --> 00:53:11,160 buy. You want me to ship? 1041 00:53:11,160 --> 00:53:13,760 You want me shipping this thing for the back there? 1042 00:53:13,760 --> 00:53:16,600 Oh. Man, you need a lot of those. 1043 00:53:16,720 --> 00:53:18,640 You got to. You got to web through your 1044 00:53:18,640 --> 00:53:21,520 background. Yeah, this is my call to call to 1045 00:53:21,520 --> 00:53:23,920 action for you Web three companies out there if you want 1046 00:53:23,920 --> 00:53:25,400 to be featured on one of my shelves. 1047 00:53:26,520 --> 00:53:30,680 Let's go, let's go, let's go, let's go. 1048 00:53:30,680 --> 00:53:33,160 I'll send you something. Next up, his kidney. 1049 00:53:34,120 --> 00:53:37,920 Come on. Oh my God. 1050 00:53:37,920 --> 00:53:39,680 All right, y'all. We'll see all tomorrow morning, 1051 00:53:39,680 --> 00:53:42,320 Rainer, Shine, Teddy and Easter Standard Time for the episode of 1052 00:53:42,320 --> 00:53:43,920 FOMO. We're on rock radio. 1053 00:53:44,320 --> 00:53:44,960 Let's go.