1 00:00:00,120 --> 00:00:01,920 Oh yo-yo, what up? What up? 2 00:00:01,920 --> 00:00:03,360 Good morning. Good morning. 3 00:00:03,360 --> 00:00:20,040 GMG Wednesday May 15th 20 20 Four for all the fucking bears 4 00:00:20,040 --> 00:00:22,920 out there 2024. Look at that. 5 00:00:23,200 --> 00:00:26,400 Another beautiful day to have a beautiful day. 6 00:00:26,680 --> 00:00:29,720 I got my Co host in the house. I was gonna say 07. 7 00:00:29,760 --> 00:00:33,360 I saw you say 07 men. It's like my the one liners in 8 00:00:33,360 --> 00:00:36,480 700 shows, right? And now I got to like, retrain 9 00:00:36,480 --> 00:00:37,200 my brain. Hold on. 10 00:00:38,200 --> 00:00:41,440 Retrain your brain. I got my clothes in the house. 11 00:00:41,720 --> 00:00:43,080 Tyler Mando. Wait. 12 00:00:43,080 --> 00:00:44,120 Mando. Tyler. 13 00:00:44,800 --> 00:00:47,120 Tyler Mando. How you guys doing this morning? 14 00:00:47,120 --> 00:00:50,000 Good morning. Jim, it's a green morning. 15 00:00:50,000 --> 00:00:53,240 We're feeling good today. Ready to bash some bears with 16 00:00:53,240 --> 00:00:57,040 you here? Oh yeah, See, I knew I like this 17 00:00:57,040 --> 00:00:59,560 guy. I knew like opens his first show 18 00:00:59,560 --> 00:01:01,960 that we think they're Bash Some Bears ads. 19 00:01:02,400 --> 00:01:06,000 Mando, how you doing today? Doing great, doing great Green 20 00:01:06,000 --> 00:01:07,480 Day. Green Day. 21 00:01:07,560 --> 00:01:09,560 Green Day feels good, right? Green Day feels. 22 00:01:09,560 --> 00:01:11,600 So by the way, great band, Green Day Canadian band. 23 00:01:12,000 --> 00:01:14,120 You know who wanted to be an American? 24 00:01:14,160 --> 00:01:15,920 Indiana. Do you know the band Green Day 25 00:01:15,920 --> 00:01:17,040 Mando? Do you guys used to listen to 26 00:01:17,040 --> 00:01:19,840 that in Europe? Oh yeah. 27 00:01:20,040 --> 00:01:21,680 Oh, OK. Sick fight? 28 00:01:22,000 --> 00:01:25,400 In Europe. I don't know, man. 29 00:01:25,400 --> 00:01:26,880 Your repores. Don't you know this? 30 00:01:26,960 --> 00:01:29,640 It's different environment over there, though. 31 00:01:30,600 --> 00:01:32,640 Wait. I mean, wait, what? 32 00:01:32,880 --> 00:01:35,440 I think you're lagging. No. 33 00:01:36,440 --> 00:01:38,040 Oh, well, it is lagging again. Fernando. 34 00:01:38,040 --> 00:01:39,560 It's OK. Blame Lisbon. 35 00:01:40,280 --> 00:01:45,120 I have to resake my whole Lisbon move here because this is not 36 00:01:45,120 --> 00:01:47,200 the Internet I want to. I want to be with. 37 00:01:47,280 --> 00:01:49,520 I got I got to rethink this whole like moving to Portugal 38 00:01:49,520 --> 00:01:52,160 thing. I may move to Portugal once and 39 00:01:52,160 --> 00:01:54,040 only once they have proper Internet. 40 00:01:55,320 --> 00:01:58,040 Tyler. You'll notice this has been 41 00:01:58,040 --> 00:01:59,680 happening for a while. There he is back. 42 00:01:59,680 --> 00:02:01,720 Maybe the duck background works, Mando. 43 00:02:01,720 --> 00:02:03,480 No, it's still the Wi-Fi extender. 44 00:02:03,680 --> 00:02:05,440 I just haven't. I haven't figured it out like I 45 00:02:05,480 --> 00:02:10,120 generally haven't. Like this is not Lisbon White 46 00:02:10,280 --> 00:02:12,640 going to Lisbon. Internet speeds are amazing. 47 00:02:12,760 --> 00:02:16,240 There is one of the few places but the Wi-Fi extender is crap 48 00:02:16,360 --> 00:02:19,080 that I have it seems, even though I got some like some 49 00:02:19,080 --> 00:02:21,200 disgustingly big one. I just don't know why it's so 50 00:02:21,200 --> 00:02:22,400 slow. I need to sort it out. 51 00:02:22,680 --> 00:02:24,880 You know what it is? It's like Mindo house is so big 52 00:02:25,520 --> 00:02:27,600 that the Wi-Fi doesn't extend anymore. 53 00:02:30,040 --> 00:02:34,280 I love the background. Just got the epic duck 54 00:02:34,280 --> 00:02:38,320 background with Triple. It's just incredible. 55 00:02:38,760 --> 00:02:40,240 Build in for me. Build in for me. 56 00:02:40,720 --> 00:02:43,920 This is so good. Anyways, I love that host 57 00:02:43,920 --> 00:02:45,840 technical skills are completely their own. 58 00:02:46,000 --> 00:02:47,840 I mean, look, I'm. I'm still gonna have to revisit 59 00:02:47,840 --> 00:02:49,320 this Portugal thing. I mean, if there's any 60 00:02:49,320 --> 00:02:51,480 Portuguese people in the room right now with us, can you 61 00:02:51,480 --> 00:02:53,280 please tell me if your Wi-Fi works or not? 62 00:02:53,480 --> 00:02:57,680 Because as long as mindo's been moved to Lisbon, we've had, he's 63 00:02:57,680 --> 00:03:00,040 had Internet issues. It's not even his own fault. 64 00:03:00,120 --> 00:03:02,800 I mean, the guy pays for the most expensive Internet in 65 00:03:02,800 --> 00:03:06,160 Portugal, I'm sure. Anyways, today on the show, 66 00:03:06,360 --> 00:03:08,560 today's oh wow, we have a show for Y'all today. 67 00:03:08,800 --> 00:03:10,080 It's on the show Daily Market report. 68 00:03:10,600 --> 00:03:12,800 Obviously we're going to talk about the CPI and all those 69 00:03:12,800 --> 00:03:15,200 inflation numbers and this and that you guys love talking about 70 00:03:15,320 --> 00:03:19,360 because clearly they came in good because we are up and off 71 00:03:19,360 --> 00:03:23,360 to the races positively this morning State of Wisconsin has 72 00:03:23,360 --> 00:03:26,640 more conviction the 99% of UMF is on the timeline. 73 00:03:26,760 --> 00:03:29,600 We'll talk about that too. Vanguard appoints Bitcoin 74 00:03:29,600 --> 00:03:33,160 friendly CEO who works on the IBIT ETFs. 75 00:03:33,160 --> 00:03:34,760 I saw you post that Tyler this morning. 76 00:03:34,880 --> 00:03:36,640 I had that in my drafts for my fantasy top. 77 00:03:36,800 --> 00:03:43,560 I snoozed, I lost and coin base sees billions of BTC leaving 78 00:03:43,560 --> 00:03:45,560 exchange. I'm hearing there's only 40 BTC 79 00:03:45,560 --> 00:03:50,040 left on the OTC markets we have. What do we have? 80 00:03:50,040 --> 00:03:52,760 I mean, we have even on the trad part or macro part, we have 81 00:03:52,760 --> 00:03:57,000 Biden this morning accepting 2 LB for pound fights. 82 00:03:57,360 --> 00:03:59,440 I'm here, they're going to fight rookies setting up the crypto 83 00:03:59,440 --> 00:04:00,920 Fight Night. I'm hearing they're going to 84 00:04:00,920 --> 00:04:02,280 fight pound for pound. I mean, that's going to be 85 00:04:02,280 --> 00:04:06,320 interesting, but that also makes the whole thing, you know, very 86 00:04:06,320 --> 00:04:08,800 interesting with Boden actually pumping quite hard on the back 87 00:04:08,800 --> 00:04:09,760 of that. So they're going to be going 88 00:04:09,760 --> 00:04:13,640 back-to-back with two debates. Tornado cash developer guilty of 89 00:04:13,640 --> 00:04:15,560 money laundering which is crazy. Free him. 90 00:04:16,519 --> 00:04:19,880 You have a bunch of other stuff and then and then and then all 91 00:04:19,880 --> 00:04:22,640 its memes and dreams. I mean we're mid fantasy top 92 00:04:22,640 --> 00:04:25,680 tournament right now Mando I am starting you for my comment 93 00:04:25,680 --> 00:04:27,240 tournament. I need you to tweet more. 94 00:04:27,880 --> 00:04:31,880 Tyler you're cooking. You have. 95 00:04:31,880 --> 00:04:33,560 I mean you have a bunch of memes flying. 96 00:04:33,560 --> 00:04:35,080 I just mentioned Boden Cause Biden. 97 00:04:35,400 --> 00:04:37,440 Get it, A bunch of stuff going on there. 98 00:04:38,600 --> 00:04:40,800 Gil. Remember the Gil Gordon's Amanda 99 00:04:40,920 --> 00:04:43,360 Gila? Well, they just launched with 100 00:04:43,360 --> 00:04:46,000 $1,000,000 worth of prizes and it's a part of our titles. 101 00:04:46,000 --> 00:04:48,080 I just saw that. So that was funny. 102 00:04:48,080 --> 00:04:52,760 And then last but not least, we will be joined by Forbes today. 103 00:04:52,920 --> 00:04:56,040 Forbes Menuel, I believe from Forbes is going to be joining us 104 00:04:56,040 --> 00:04:58,480 to talk about the cabal. Just kidding. 105 00:04:58,480 --> 00:05:01,000 We're going to talk about the Forbes list that they put out 106 00:05:01,000 --> 00:05:03,040 not long ago and what they're up to and what's happening. 107 00:05:03,040 --> 00:05:06,160 So I know a lot of people were tweeting about it, talking about 108 00:05:06,160 --> 00:05:09,560 it back then, so they're joining us as today's show partner to go 109 00:05:09,560 --> 00:05:11,600 over everything they're doing in the space. 110 00:05:11,600 --> 00:05:14,280 Which actually is pretty cool if you ask me. 111 00:05:14,280 --> 00:05:18,640 Last but not least, this show is powered by Moon Pay to buy, sell 112 00:05:18,640 --> 00:05:22,120 your crypto with PayPal, download the Moon Pay app. 113 00:05:22,200 --> 00:05:24,120 Hell yeah, we talked about onboarding armies. 114 00:05:24,320 --> 00:05:28,680 I mean these MFS right there, they are doing the job anyways. 115 00:05:29,200 --> 00:05:33,640 Anyways, Anyways, without further ado, let's get right 116 00:05:33,680 --> 00:05:45,520 into it. Can you dig it? 117 00:05:46,440 --> 00:05:49,400 GM everyone So looks like a stronger day. 118 00:05:50,200 --> 00:05:54,600 We had, we'd been selling off slightly into that into that 119 00:05:54,600 --> 00:05:58,640 figure we'd kind of hit a 63 K ahead of the CPI figure that 120 00:05:58,640 --> 00:06:01,480 just came out. This was the yesterday we had a 121 00:06:01,480 --> 00:06:05,160 slightly hotter inflation figure for wholesale prices. 122 00:06:05,160 --> 00:06:08,000 Today it was right on the money is what everyone predicted. 123 00:06:08,880 --> 00:06:10,320 I don't really know. This is kind of what I said 124 00:06:10,320 --> 00:06:11,880 yesterday. I wouldn't read into this like 125 00:06:11,880 --> 00:06:14,240 too aggressively like the numbers would just came in as 126 00:06:14,240 --> 00:06:16,120 expected and we've rallied off the back of it. 127 00:06:17,160 --> 00:06:19,840 I think the main thing that we that you can read into is that 128 00:06:19,840 --> 00:06:23,800 we saw probably the biggest single inflow day in weeks. 129 00:06:23,800 --> 00:06:26,960 I think we saw 100 million of inflows which we haven't seen 130 00:06:26,960 --> 00:06:28,480 for at least three or four weeks. 131 00:06:29,160 --> 00:06:32,040 So it always been very, very small numbers before that and 132 00:06:33,120 --> 00:06:34,680 actually we had outflows before that. 133 00:06:34,680 --> 00:06:38,200 So it was that's been the main thing we just saw like a big, 134 00:06:38,200 --> 00:06:40,440 big inflow. There'd obviously been some 135 00:06:40,440 --> 00:06:44,800 headlines over the last 24 hours about Wisconsin coming in and 136 00:06:44,800 --> 00:06:51,080 buying, which I thought was just kind of wild and maybe that 137 00:06:51,080 --> 00:06:54,200 caused other institutional people to get on board, I have 138 00:06:54,200 --> 00:06:56,320 no idea. But yeah, that was that was the 139 00:06:56,320 --> 00:06:59,200 main thing. We just saw an inflow day spot 140 00:06:59,200 --> 00:07:00,960 buying. There was also a massive, I 141 00:07:00,960 --> 00:07:05,560 think, I think something like the third biggest outflow day as 142 00:07:05,560 --> 00:07:08,360 in Bitcoin leaving the exchange for Coinbase this year. 143 00:07:08,720 --> 00:07:12,800 So spot buying was what was driving us higher mainly on 144 00:07:12,800 --> 00:07:15,120 Coinbase. It seems money believing 145 00:07:15,120 --> 00:07:18,480 exchanges is normally a very, very good, good sign and then an 146 00:07:18,480 --> 00:07:22,200 inflow day on the ETF. So just like a positive reaction 147 00:07:22,200 --> 00:07:25,040 to what I would say was an inline number and that tells you 148 00:07:25,040 --> 00:07:26,080 a lot. It tells you that we were 149 00:07:26,080 --> 00:07:27,560 positioned to kind of bounce there. 150 00:07:28,160 --> 00:07:30,440 What I think here is exactly what I think. 151 00:07:30,440 --> 00:07:32,360 Yes, same as what I think yesterday. 152 00:07:32,360 --> 00:07:36,240 I'm not reading into this and being like we're going to 100K 153 00:07:36,240 --> 00:07:38,840 or the banana zone and I think you got to be wary of like 154 00:07:38,840 --> 00:07:43,240 buying into into like some very aggressive narrative off the off 155 00:07:43,240 --> 00:07:49,080 like one day of ETF inflows and and A and a fairly benign figure 156 00:07:49,160 --> 00:07:51,600 like 3.4% is kind of what everyone predicted. 157 00:07:52,000 --> 00:07:56,240 But I do think that I do think you had no regrets. 158 00:07:56,240 --> 00:07:59,600 Mike Novograts who runs Galaxy came out yesterday and he said 159 00:07:59,600 --> 00:08:02,240 he thinks Bitcoin is now going to consolidate for for a while 160 00:08:02,240 --> 00:08:06,240 between 55K and 75. Ki agree with that. 161 00:08:06,680 --> 00:08:10,040 I think we're here now in a range for a while if I'm honest, 162 00:08:10,400 --> 00:08:15,760 until we start to see persistent substantive inflows, today was a 163 00:08:15,760 --> 00:08:18,360 good day, probably means that we're not going down to 55 K 164 00:08:18,360 --> 00:08:20,240 anytime soon. But I'll be very unsurprised if 165 00:08:20,240 --> 00:08:22,840 we kind of range between that those two levels for for for a 166 00:08:22,840 --> 00:08:25,080 month or two or maybe even until the summer here. 167 00:08:26,200 --> 00:08:30,840 But that is good, right? I think it's good but like we 168 00:08:30,840 --> 00:08:35,360 did that for months last year and the timeline literally 169 00:08:35,360 --> 00:08:40,120 wanted to kill themselves. So yeah like it's it is what it 170 00:08:40,120 --> 00:08:43,039 is really like if you're prepared for it it's good. 171 00:08:43,360 --> 00:08:48,960 If you're imminently expecting 150K Bitcoin, you know maybe 172 00:08:48,960 --> 00:08:52,520 it's bad but I do think that you've got to got to probably 173 00:08:53,000 --> 00:08:55,440 consider a world here in my opinion that we we're still 174 00:08:55,440 --> 00:08:58,920 going to be range bound. I may be like, I'm I'm 175 00:08:58,920 --> 00:09:01,800 predicting that I'm still obviously massively bullish 176 00:09:01,800 --> 00:09:03,280 crypto. I'm not saying like oh you know, 177 00:09:03,280 --> 00:09:05,480 sell your crypto. I'm just telling you that in my 178 00:09:05,600 --> 00:09:10,640 mindset right now is not buying into into momentum, just 179 00:09:10,640 --> 00:09:14,520 chilling in spot, choosing spots in meme coins where I think I 180 00:09:14,520 --> 00:09:17,920 can make 10X or like esoteric things where I can make a 10X. 181 00:09:18,720 --> 00:09:22,760 But in general, just yeah, not not using leverage that much, 182 00:09:22,760 --> 00:09:27,040 just just kind of cheating. Matt I don't even remember last 183 00:09:27,040 --> 00:09:29,840 time I cracked leverage up. Not gonna lie. 184 00:09:30,800 --> 00:09:34,680 Months, months, months. Like I don't remember last time. 185 00:09:34,680 --> 00:09:37,080 I literally traded with leverage, even slightly. 186 00:09:37,600 --> 00:09:40,080 Like even as a try. Like I used to toss trades for 187 00:09:40,080 --> 00:09:41,680 fun. I remember I don't even remember 188 00:09:41,680 --> 00:09:42,800 last time I took a trade. Mando. 189 00:09:43,960 --> 00:09:46,400 I think the last thing I took was yesterday on Fantasy Talk 190 00:09:46,840 --> 00:09:48,280 and it was like a tiny little baby trade. 191 00:09:48,280 --> 00:09:51,120 I took profit on one card to buy more cards from heroes from 192 00:09:51,120 --> 00:09:54,000 different heroes. Like I have not traded all 193 00:09:54,000 --> 00:09:56,120 April. All I did in April was actually 194 00:09:56,120 --> 00:09:57,840 buy more epic duck, not even kidding. 195 00:09:58,600 --> 00:10:00,360 That's the only thing I bought in April. 196 00:10:00,360 --> 00:10:02,640 And we were travelling a lot between Dubai and Paris and Hong 197 00:10:02,640 --> 00:10:05,280 Kong. And in May, I mean we're half 198 00:10:05,280 --> 00:10:07,360 midway through Maine and I still haven't bought anything. 199 00:10:07,360 --> 00:10:09,840 I mean Tyler, are you, are you do you actively trade, do you 200 00:10:09,840 --> 00:10:12,360 leverage trade activation? What's What's your play here? 201 00:10:12,600 --> 00:10:15,640 I don't leverage trade. I view like meme coins and 202 00:10:15,640 --> 00:10:19,440 entities as my levered bets on those ecosystem currencies. 203 00:10:19,440 --> 00:10:22,720 So I I'm and I'm just not good at trying to time you know 204 00:10:22,840 --> 00:10:25,760 10XA100X longs on anything. I'm kind of with you. 205 00:10:25,760 --> 00:10:29,400 So I I was deep in it, you know through the winter and spring 206 00:10:29,400 --> 00:10:32,960 and then I kind of stopped doing the the the meme coin training 207 00:10:33,240 --> 00:10:35,080 to a degree. But like, we gotta get back out 208 00:10:35,080 --> 00:10:37,760 there and like, I kind of lost that muscle memory of being 209 00:10:37,760 --> 00:10:41,240 ready to to to be fast and fire on some of these tokens. 210 00:10:41,240 --> 00:10:44,400 Like, I guess it's Rome's birthday and the token pumped 211 00:10:44,400 --> 00:10:46,000 70%. Like that's an easy narrative 212 00:10:46,000 --> 00:10:47,680 that we could have jumped on, right? 213 00:10:47,680 --> 00:10:50,600 Like I missed all like the the Roaring Kitty and GME stuff just 214 00:10:50,600 --> 00:10:52,880 because I wasn't. I didn't have the muscle memory. 215 00:10:52,880 --> 00:10:55,760 I wasn't there. I wasn't used to logging in and 216 00:10:55,760 --> 00:10:58,920 just clicking the green button. And if we're going to be here 217 00:10:58,920 --> 00:11:01,960 all summer chopping, which I think I tend to agree with with 218 00:11:01,960 --> 00:11:04,040 Mando that that seems to be the set up. 219 00:11:04,320 --> 00:11:06,320 There's going to be opportunities and the options 220 00:11:06,320 --> 00:11:09,480 are going to be in the meme coin streets most likely along with 221 00:11:09,480 --> 00:11:11,560 some other consumer crypto apps. We'll talk about Fancy Top 222 00:11:11,560 --> 00:11:16,000 later, but you got to be ready. And so I think we got to, we 223 00:11:16,000 --> 00:11:17,600 really got to get back out there broke. 224 00:11:17,960 --> 00:11:20,160 Yeah, I I saw. So I think Mando, you're talking 225 00:11:20,160 --> 00:11:23,960 about this consolidating period, right? 226 00:11:23,960 --> 00:11:28,520 Like I saw it yesterday this this chart, right, which was 210 227 00:11:28,520 --> 00:11:31,360 days of consolidation last year and then is that? 228 00:11:31,360 --> 00:11:33,880 What you were going to be like that like I do think we're going 229 00:11:33,880 --> 00:11:36,960 to see. It would be tough for me to 230 00:11:36,960 --> 00:11:39,840 imagine that that we're not going to see more like 231 00:11:39,840 --> 00:11:43,560 substantial Bitcoin ETF inflows. This feels like we're going to 232 00:11:43,600 --> 00:11:44,960 like. I still think we're going to 233 00:11:44,960 --> 00:11:47,400 push on, but it might just take a little bit of time. 234 00:11:49,120 --> 00:11:52,560 That would be like Max Payne. 210 days was. 235 00:11:53,560 --> 00:11:55,960 That was what, seven months That was. 236 00:11:56,600 --> 00:12:00,160 That was pretty wild. I don't think we'd do that, or 237 00:12:00,160 --> 00:12:01,720 at least I'm just praying that we don't do that. 238 00:12:01,720 --> 00:12:04,600 But this is the thing about being in crypto for a while like 239 00:12:04,600 --> 00:12:10,520 you actually, you realize that there are periods of boredom and 240 00:12:11,000 --> 00:12:12,920 you just can't quit during those periods. 241 00:12:12,920 --> 00:12:15,680 Like, you've just got to. You've got to have the mentality 242 00:12:15,680 --> 00:12:21,880 that like the up, the up periods are often much, much shorter and 243 00:12:21,880 --> 00:12:26,400 the then the chop periods and for me I feel like we're we're 244 00:12:26,400 --> 00:12:30,160 entering one of those chop periods and you just got to have 245 00:12:30,160 --> 00:12:34,240 patience. And I mean which jumps out to me 246 00:12:34,240 --> 00:12:37,000 is I think a lot of folks have the thesis that they think Q4 247 00:12:37,000 --> 00:12:40,800 is, is when we're going to pump or perhaps Q 1/20/25. 248 00:12:41,160 --> 00:12:45,680 And I guess, I mean the reality is four to six months of chop 249 00:12:45,800 --> 00:12:47,640 like is aligned with that theory, right? 250 00:12:47,640 --> 00:12:50,720 Like that means you're going to chop into those quarters and 251 00:12:50,720 --> 00:12:52,440 then things are are going to jump. 252 00:12:52,440 --> 00:12:54,680 So I don't know, it's like it's painful in the moment. 253 00:12:55,080 --> 00:12:57,880 Luckily we've got, you know, fun shiny new objects to to keep us 254 00:12:57,880 --> 00:12:59,880 busy. But it it does feel like it 255 00:12:59,880 --> 00:13:02,040 might be kind of a boring summer, I mean. 256 00:13:02,080 --> 00:13:04,760 When you think about it like and then Nomando back then like we 257 00:13:04,760 --> 00:13:07,440 talked about this with you over and I and you guys didn't like 258 00:13:07,440 --> 00:13:09,800 say yeah cycles do repeat themselves was always the case. 259 00:13:09,800 --> 00:13:13,280 But like the post having cycle is usually always the same 260 00:13:13,280 --> 00:13:15,600 thing, right. Like from what we've seen prior 261 00:13:15,600 --> 00:13:18,560 to this, there's like this consolidation period and then it 262 00:13:18,560 --> 00:13:19,920 goes higher. I mean for what it's worth like 263 00:13:20,360 --> 00:13:22,680 what I picked up in Asia and I asked the same question everyone 264 00:13:22,680 --> 00:13:25,160 like every time I talk to a fund or like a large trader or 265 00:13:25,160 --> 00:13:27,800 whatever and got to have a lot of these conversations out there 266 00:13:29,000 --> 00:13:31,040 is was like hey, So what do you think about the credit market? 267 00:13:31,040 --> 00:13:33,680 Like I really ask that to everybody when I meet them and 268 00:13:33,680 --> 00:13:35,840 everybody seems to say the same thing you guys were saying it's 269 00:13:35,840 --> 00:13:38,320 like so many consolidation period post having and then and 270 00:13:38,320 --> 00:13:39,960 then the market's going to resume right? 271 00:13:40,000 --> 00:13:42,360 And and it allows for consumer crypto apps like you're talking 272 00:13:42,360 --> 00:13:45,960 about Tyler and meme coin right. This whole social fi pumped up 273 00:13:45,960 --> 00:13:49,160 fun meta to to actually thrive which is actually not that bad 274 00:13:50,040 --> 00:13:54,200 and and so I guess so this is what we're seeing right now ever 275 00:13:54,200 --> 00:13:56,760 since. But anyways so let's start on 276 00:13:56,760 --> 00:13:58,960 the market side. Look, CPI numbers came in and 277 00:13:58,960 --> 00:14:02,160 says everybody's ACPI expert. Now actually, you know what? 278 00:14:02,160 --> 00:14:04,320 Tyler posted the numbers. I mean, what does? 279 00:14:04,320 --> 00:14:05,840 What does? What does this all mean? 280 00:14:05,880 --> 00:14:07,720 Like, I'm not gonna lie, I've been asking the same questions 281 00:14:07,720 --> 00:14:10,840 for three years now to the boys. I still don't really understand. 282 00:14:11,840 --> 00:14:15,520 We is this good? Bad CPI came under. 283 00:14:15,520 --> 00:14:18,600 I mean, what does this all mean? Mando Tyler open-ended question. 284 00:14:19,120 --> 00:14:20,520 What's next? Like now? 285 00:14:20,800 --> 00:14:23,080 Now what? Man, I mean, you, you're the 286 00:14:23,080 --> 00:14:25,160 expert here more than me. I just knew that if we were 287 00:14:25,160 --> 00:14:27,400 going to come in over that number, it was going to be bad. 288 00:14:27,400 --> 00:14:29,640 If we came in under, it was like going to be good. 289 00:14:29,640 --> 00:14:33,680 And it seemed that binary to me. I'm sure you've got more, more 290 00:14:33,680 --> 00:14:36,160 new ones. So, yeah, I didn't see that the 291 00:14:36,160 --> 00:14:40,080 monthly came in slightly under, but like this was, yeah, this 292 00:14:40,080 --> 00:14:42,880 was just kind of on the on the money I think like maybe 293 00:14:42,880 --> 00:14:46,640 slightly under, yeah basically looks very, very close to what 294 00:14:46,640 --> 00:14:49,560 it was pretty good. It's just to be honest to me 295 00:14:49,560 --> 00:14:51,840 this seems like a kind of a nothing number, like this was 296 00:14:51,840 --> 00:14:54,600 what everyone was expecting. It just means that the Fed is 297 00:14:54,600 --> 00:14:58,560 less likely to raise rates. That's all it means and we had 298 00:14:58,560 --> 00:14:59,760 that commentary already yesterday. 299 00:14:59,760 --> 00:15:01,000 So I don't really think you've learned that much. 300 00:15:01,000 --> 00:15:02,920 You know, I'm just trying to see what macro has done on the back 301 00:15:02,920 --> 00:15:08,240 of it. But I imagine it looks like on 302 00:15:08,240 --> 00:15:11,080 yields are down a little bit like nothing crazy that that 303 00:15:11,120 --> 00:15:14,880 they are down and looks like futures are up half a percent. 304 00:15:15,440 --> 00:15:18,720 But again like if you're seeing on the timeline we've seen like 305 00:15:18,720 --> 00:15:23,640 wild predictions like from Stagflation to like we're going 306 00:15:23,640 --> 00:15:27,200 to hit growth is going to go absolutely bananas or we're like 307 00:15:27,200 --> 00:15:28,440 money supply is going to go crazy. 308 00:15:28,520 --> 00:15:32,880 My view is right now just macro is should kind of be in the rear 309 00:15:32,880 --> 00:15:36,680 view mirror. I just feel I know that it it 310 00:15:36,680 --> 00:15:39,520 just doesn't seem like much is going on for me macro like this. 311 00:15:39,520 --> 00:15:42,840 I remember times where you'd have massive misses or massive 312 00:15:42,840 --> 00:15:45,200 beats and it felt as though we were either. 313 00:15:45,200 --> 00:15:46,680 We were very, very close to a recession. 314 00:15:46,880 --> 00:15:51,600 To me we're talking about a a light slowdown maybe here, but 315 00:15:51,840 --> 00:15:55,200 nothing that should like 'cause crypto to go to 0 or anything 316 00:15:55,200 --> 00:15:58,280 like that. Like the the the Kobe the way he 317 00:15:58,280 --> 00:16:01,160 painted the other day which is like this like horrific period 318 00:16:01,160 --> 00:16:03,120 now of like Fed changing his policy. 319 00:16:03,120 --> 00:16:07,240 I just don't see that and I don't see some money printing. 320 00:16:07,240 --> 00:16:08,840 Everyone goes crazy policy either. 321 00:16:09,040 --> 00:16:12,040 At least in the US, it does seem to be the case in other 322 00:16:12,040 --> 00:16:14,040 countries. So yeah, for me this is just a 323 00:16:14,040 --> 00:16:19,120 benign figure and and but but slightly bullish people just 324 00:16:19,120 --> 00:16:22,840 looking for for reasons why crypto's going higher rather 325 00:16:22,840 --> 00:16:26,320 than actually directing it. I think maybe why I'd say it's a 326 00:16:26,320 --> 00:16:28,840 little bit more than just benign is I feel like there's just so 327 00:16:28,840 --> 00:16:33,040 much fear and and folks are just so worried about the next metric 328 00:16:33,040 --> 00:16:35,360 or the next headline that's going to just you know tank 329 00:16:35,360 --> 00:16:39,200 markets that seemed I I saw a headline S&P 500 hit is at all 330 00:16:39,200 --> 00:16:41,960 time high So it's just chilling at all time high like everyone 331 00:16:41,960 --> 00:16:45,000 is just waiting for like OK what what bad is going to happen to 332 00:16:45,000 --> 00:16:48,720 knock it off that and folks were worried that inflation was 333 00:16:48,720 --> 00:16:52,120 running high and they thought it was going to be reflected in the 334 00:16:52,120 --> 00:16:55,840 data and it turns out maybe it's not that bad so maybe we can 335 00:16:55,840 --> 00:16:57,720 keep maybe we can keep this rolling. 336 00:16:58,080 --> 00:16:58,320 Yeah. I. 337 00:16:58,320 --> 00:17:00,600 Think I think people are tripping a little too much, but 338 00:17:00,600 --> 00:17:02,520 that goes back to what we were all talking about yesterday. 339 00:17:02,520 --> 00:17:06,599 Like maybe people just need to go away or stay occupied like 340 00:17:06,599 --> 00:17:09,720 just build or focus on your work. 341 00:17:09,960 --> 00:17:12,319 Like I I was talking to some friends about this yesterday. 342 00:17:12,319 --> 00:17:14,560 I was like look like, even me personally like it is an 343 00:17:14,560 --> 00:17:16,800 uncomfortable position when you're like, well just a few 344 00:17:16,800 --> 00:17:19,400 months ago I was up like a ridiculous amount. 345 00:17:19,560 --> 00:17:22,760 And then yesterday all time low doom posting and reading on the 346 00:17:22,760 --> 00:17:24,240 timeline and I did feel something. 347 00:17:24,240 --> 00:17:26,240 I was like, damn, like, and I don't mind you probably saw it 348 00:17:26,240 --> 00:17:28,640 like I was talking about it with OV and DS and Co and I was like, 349 00:17:28,800 --> 00:17:31,720 well, it does suck, right, that yeah, there was a Oh yeah, 350 00:17:31,720 --> 00:17:34,680 puppets was just like half a Bitcoin or Solana was just two 351 00:17:34,680 --> 00:17:37,200 10215, right? Or whiff was just $5. 352 00:17:37,600 --> 00:17:42,000 Yeah, I am up like couple multiple silent figures and 353 00:17:42,000 --> 00:17:43,800 you're like shit. I could have, would have, should 354 00:17:43,800 --> 00:17:45,160 have again Oh, did I do it again? 355 00:17:45,400 --> 00:17:47,440 Did I miss the top again? Did I do this again. 356 00:17:47,440 --> 00:17:50,040 And so all these thoughts start coming into your head, right? 357 00:17:50,040 --> 00:17:51,360 And I, I I'm talking about myself. 358 00:17:51,360 --> 00:17:53,520 This is how I felt yesterday. Like the last two days kind of 359 00:17:53,520 --> 00:17:56,120 suck because I was like I was not like pants but just annoyed 360 00:17:56,560 --> 00:17:58,440 right? I'm like fuck did I do, did I do 361 00:17:58,440 --> 00:18:00,600 it again? Like did I do 2021 all over 362 00:18:00,600 --> 00:18:03,880 again Am I going to round trip a multiple 7 figure bag again 363 00:18:04,160 --> 00:18:06,080 right. And so you you start thinking 364 00:18:06,080 --> 00:18:10,040 like this and then you wake up this morning and bitcoin's A65K 365 00:18:10,040 --> 00:18:13,600 and you're like let's go. So I don't know, I, I, I, I'm 366 00:18:13,600 --> 00:18:16,600 just sharing this because I'm trying to study myself because 367 00:18:16,600 --> 00:18:21,320 I'm a bull tard and and like it's really a weird position to 368 00:18:21,320 --> 00:18:22,600 be. But you know one thing I'll 369 00:18:22,600 --> 00:18:25,640 never be guys, it's a bear. And let me tell you something 370 00:18:25,640 --> 00:18:27,320 about the bears on the timeline. OK. 371 00:18:27,320 --> 00:18:29,240 And that's something I was talking about with Mando and and 372 00:18:29,240 --> 00:18:33,320 Tyler before coming on is I cannot believe that these people 373 00:18:33,320 --> 00:18:36,520 are leading people to the chop house and making all these 374 00:18:36,520 --> 00:18:38,840 people, these sell their hard earned coins. 375 00:18:38,840 --> 00:18:40,160 And that's why I always talk about this, right. 376 00:18:40,160 --> 00:18:42,320 There's something between being a realist, which is like, OK, 377 00:18:42,320 --> 00:18:44,120 you got to be cautious. You got to be real about the 378 00:18:44,120 --> 00:18:46,240 state of the market. Like Mando and Tyler come give 379 00:18:46,240 --> 00:18:47,520 you numbers. They said data. 380 00:18:47,720 --> 00:18:49,520 You study the data, you make a trade, right? 381 00:18:49,960 --> 00:18:52,400 And there's this. And then there's calling with 382 00:18:52,400 --> 00:18:53,960 half a million followers and calling for a top. 383 00:18:54,360 --> 00:18:56,880 And what you don't realize is we're pretty fortunate. 384 00:18:56,960 --> 00:18:59,520 I'd like to think all three of us like we've doing, we've done 385 00:18:59,520 --> 00:19:01,680 good, we're doing good and we're going to continue doing good 386 00:19:01,680 --> 00:19:03,600 because we're busy. We've got work and stuff. 387 00:19:03,880 --> 00:19:07,560 But the average Joe that locks into Twitter once, twice a day 388 00:19:07,560 --> 00:19:11,960 to see how the timeline is doing makes $80,000 a year if as much 389 00:19:12,120 --> 00:19:14,960 has a tiny little crypto portfolio and gets shaken out of 390 00:19:14,960 --> 00:19:18,280 the hard earned coins and then wakes up and sold it yesterday 391 00:19:18,280 --> 00:19:24,000 at 61K and wakes up this fucking morning and it's 65K feels like 392 00:19:24,000 --> 00:19:25,600 shit. And I and I think this sucks and 393 00:19:25,600 --> 00:19:27,880 This is why you guys see me like hate bears so much. 394 00:19:27,960 --> 00:19:30,440 Bears fucking suck dude. Like you're out here calling for 395 00:19:30,440 --> 00:19:33,360 a cycle tub. We haven't cycled yet. 396 00:19:33,400 --> 00:19:36,920 Like if the cycle is done now crypto's finished like there's 397 00:19:36,920 --> 00:19:38,520 no industry. I don't know how you guys feel 398 00:19:38,520 --> 00:19:42,920 about this but cycle cycle like I look at I look at crypto now. 399 00:19:43,080 --> 00:19:47,240 150 Soul $130.00 Soul. It's over 152 soul. 400 00:19:47,240 --> 00:19:49,560 You're excited again at 65 K Bitcoin. 401 00:19:49,560 --> 00:19:52,080 You're excited at 61 K Bitcoin. You're it's over. 402 00:19:52,080 --> 00:19:55,600 Like, I this is what really pisses me off and why I'm so 403 00:19:55,800 --> 00:19:58,320 euphorically bullish on a timeline on purpose. 404 00:19:58,520 --> 00:20:01,720 Like I push the bullishness on purpose, though I'm cautious, 405 00:20:01,720 --> 00:20:04,840 more cautious in the back because dude, like it's crazy, 406 00:20:04,840 --> 00:20:06,000 man. It's crazy. 407 00:20:06,000 --> 00:20:07,440 Like all of a sudden. Imagine you sold everything 408 00:20:07,440 --> 00:20:09,680 yesterday how you felt today. You'll probably get another 409 00:20:09,680 --> 00:20:11,720 crack at the prices from yesterday again in a few weeks. 410 00:20:11,800 --> 00:20:13,320 But. I think what you're saying 411 00:20:13,320 --> 00:20:15,880 you're railing against is like people with influence are 412 00:20:15,880 --> 00:20:18,160 bearish. And I think the thing about it 413 00:20:18,160 --> 00:20:20,680 and even traders, because I think a lot of people who are 414 00:20:20,680 --> 00:20:23,960 bearish are actually traders. They're like they're day traders 415 00:20:24,160 --> 00:20:26,840 who see some sort of a pattern and they they think it's going 416 00:20:26,840 --> 00:20:28,680 to go lower. And I think one thing that I 417 00:20:28,680 --> 00:20:31,480 would notice and this is throughout my creating trading 418 00:20:31,480 --> 00:20:37,480 career assets in general go up right even crypto they generally 419 00:20:37,480 --> 00:20:41,160 go up And like at least the the majors if you're going to be a 420 00:20:41,160 --> 00:20:44,840 bear in any market you're going to have to be an incredible 421 00:20:44,840 --> 00:20:48,800 trader. Like the you have to really time 422 00:20:48,800 --> 00:20:52,640 things because you're really buying something to hope to buy 423 00:20:52,640 --> 00:20:54,440 that dip. And not only do you have to be 424 00:20:54,440 --> 00:20:57,680 right on the on the on the times where it's going to go lower but 425 00:20:57,680 --> 00:21:00,480 then you have to be right on closing that and then flipping 426 00:21:00,480 --> 00:21:04,760 long often like you can execute being bearish right let's say 427 00:21:05,200 --> 00:21:09,520 Bitcoin to 60 K I'm bearish. I put on a short from 60K to 55 428 00:21:09,520 --> 00:21:13,320 Ki make money then it goes to 100K right? 429 00:21:13,320 --> 00:21:16,000 I may have felt felt like I was a good trader because I made 430 00:21:16,000 --> 00:21:19,760 that money from 60 to 55K but then I miss out on the 55 K So I 431 00:21:19,760 --> 00:21:22,280 think one thing I would say about bearish takes is that they 432 00:21:22,280 --> 00:21:26,760 are by nature short term and that people who pushed them, I 433 00:21:26,760 --> 00:21:31,840 think they have to be you know, you just have to be aware, wary 434 00:21:31,840 --> 00:21:34,960 of like when to when to push them because normally you have 435 00:21:34,960 --> 00:21:36,880 to be a great trader. Like unless you think Bitcoin is 436 00:21:36,880 --> 00:21:41,360 literally going to 20 K and is never coming back then I don't 437 00:21:41,360 --> 00:21:43,520 think you should be like pitching short term bearish 438 00:21:43,520 --> 00:21:45,440 views. I think what I said it's just 439 00:21:45,440 --> 00:21:52,080 like maybe die up and down the risks like the you know, but I 440 00:21:52,080 --> 00:21:55,520 think right now, right now is the time for for being in spots. 441 00:21:55,520 --> 00:21:58,440 So I I would agree with that. I think you just you've got to 442 00:21:58,440 --> 00:22:00,960 be, if you're going to have a bearish view, you've got to 443 00:22:00,960 --> 00:22:03,920 understand that if I have a following that they might follow 444 00:22:03,920 --> 00:22:08,040 it and they're not going to be switching bullish like the next, 445 00:22:08,360 --> 00:22:10,080 next day. Yeah, I mean. 446 00:22:10,200 --> 00:22:13,840 In the other way, maybe when I'm really foolish, some of my 447 00:22:13,840 --> 00:22:16,040 followers will not sell in time, which sucks. 448 00:22:16,040 --> 00:22:17,600 Also, like, it goes both ways, right? 449 00:22:17,600 --> 00:22:19,760 But I just think that, you know, it's a. 450 00:22:19,880 --> 00:22:25,360 All I would say is you should never, never fucking never price 451 00:22:25,360 --> 00:22:28,720 your portfolio at the top, man. You'll always do this. 452 00:22:28,760 --> 00:22:30,360 You like you. Always. 453 00:22:30,400 --> 00:22:32,600 Do this right. Always benchmark. 454 00:22:32,680 --> 00:22:34,680 Always get yourself. To the top benchmark and you're 455 00:22:34,680 --> 00:22:38,760 like, right, This is this is it like in general as well in 456 00:22:38,760 --> 00:22:42,560 crypto it's like always have like right 30% discount on one 457 00:22:42,560 --> 00:22:45,560 and have 40% discount. I remember at the top of the 458 00:22:45,560 --> 00:22:50,600 board apes, I'm pretty sure me and Obi had like 50 million 459 00:22:50,600 --> 00:22:55,240 worth of board apes, including the coin, right? 460 00:22:55,240 --> 00:22:59,000 Like, and I remember turning to him being like we and we 461 00:22:59,000 --> 00:23:00,880 couldn't sell it either. Like it wasn't like it was an 462 00:23:00,880 --> 00:23:02,360 easy sell. It was no blur. 463 00:23:02,640 --> 00:23:06,280 Yeah. So and that went then 464 00:23:06,280 --> 00:23:10,440 subsequently went down to like 15 and then bounced from there. 465 00:23:10,440 --> 00:23:15,440 But like you cannot, you cannot price yourself at the top of 466 00:23:15,440 --> 00:23:19,320 this stuff because you will just you'll the paper gains and paper 467 00:23:19,320 --> 00:23:22,320 losses, they come and go as quickly as they possibly can. 468 00:23:22,320 --> 00:23:27,160 Like if you are living on those paper gains then then it's 469 00:23:27,200 --> 00:23:29,400 you're going to kill yourself in terms of your mentality. 470 00:23:30,320 --> 00:23:32,880 Yeah, paper gains is the worst thing to look at. 471 00:23:32,880 --> 00:23:35,640 Anyways, Speaking of paper gains, I mean, not Speaking of 472 00:23:35,640 --> 00:23:37,520 paper gains, in case you missed it. 473 00:23:37,920 --> 00:23:39,880 In case you missed it more, you know I'm going to keep, I'm 474 00:23:39,880 --> 00:23:43,680 going to keep y'all shoving fucking bullish narratives down. 475 00:23:43,680 --> 00:23:45,960 Y'all's throats, OK? Because there's ducks out there 476 00:23:45,960 --> 00:23:47,800 calling for psycho Tufts and it is not. 477 00:23:47,800 --> 00:23:51,320 I'm not talking about the epic one, but in case you missed it. 478 00:23:52,000 --> 00:23:56,080 So Liam Ramsey was announced as the next CEO of Vanguard, their 479 00:23:56,080 --> 00:23:59,240 first outside hire. So Liam was previously the head 480 00:23:59,240 --> 00:24:01,680 of Black Rock's global ETF business. 481 00:24:01,960 --> 00:24:05,440 Vanguard was notably the most anti crypto of the major invest 482 00:24:05,440 --> 00:24:08,880 managers under the current CEO. What if, I mean, look at this 483 00:24:08,880 --> 00:24:12,960 chat, look at him. This guy is going to be bidding 484 00:24:12,960 --> 00:24:16,760 your Bitcoin with Vanguard while you're trying to sell your 485 00:24:16,760 --> 00:24:19,160 Bitcoin. All right, so be careful with 486 00:24:19,160 --> 00:24:21,200 your corners. So I saw this yesterday on the 487 00:24:21,200 --> 00:24:24,680 last positive news, though I didn't see this headline as 488 00:24:24,680 --> 00:24:27,840 well. So look it, it's looking more 489 00:24:27,840 --> 00:24:30,600 and more likely this Theorem ETF is not happening this month 490 00:24:31,040 --> 00:24:33,120 because the SEC is like doing everything they want. 491 00:24:33,120 --> 00:24:34,640 Their that. I mean Gary Gensler is working 492 00:24:34,640 --> 00:24:37,240 overtime to deem Theorem of security. 493 00:24:37,600 --> 00:24:41,080 Theorem is not a security, but they want to make it sound as 494 00:24:41,080 --> 00:24:43,120 such. So it's not looking great. 495 00:24:43,120 --> 00:24:46,600 But boys, I saw that the deadline for BlackRock is what 496 00:24:46,640 --> 00:24:48,600 August? What do we think if this has 497 00:24:48,600 --> 00:24:50,040 happened in May? Do we think there's a chance 498 00:24:50,040 --> 00:24:55,560 happens in August? No, I think, I think we're 499 00:24:55,560 --> 00:24:57,400 talking end of the year, if I'm honest. 500 00:24:57,400 --> 00:25:00,480 Like I think I think if they reject it now it's going to take 501 00:25:00,480 --> 00:25:04,200 a few months or so to like I think BlackRock in their 502 00:25:04,200 --> 00:25:07,920 application actually asked could this because you can set up an 503 00:25:07,920 --> 00:25:11,640 ETF with securities, right, Like doesn't have to be a commodity 504 00:25:11,640 --> 00:25:15,160 for it to be an ETF like you have lots of stock ETF. 505 00:25:15,160 --> 00:25:19,120 So BlackRock actually asked I think a question being like is a 506 00:25:19,280 --> 00:25:22,120 commodity or a security. My guess is that BlackRock might 507 00:25:22,120 --> 00:25:24,520 be working with the SEC here and they know that it's about to be 508 00:25:24,520 --> 00:25:29,600 classed as a called a security and then BlackRock might turn 509 00:25:29,640 --> 00:25:32,400 turn into the bad guy. That last piece of news that you 510 00:25:32,400 --> 00:25:35,880 said I think was was maybe even bigger though, which which was 511 00:25:35,880 --> 00:25:38,440 like Vanguard. Vanguard are massive, right? 512 00:25:38,480 --> 00:25:42,240 But Vanguard have like 8 trillion of assets and #2 to 513 00:25:42,240 --> 00:25:47,560 BlackRock and they've been very against, very, very against 514 00:25:48,000 --> 00:25:50,360 ETFs. Sorry, very, very against 515 00:25:50,360 --> 00:25:52,800 crypto. Their CEO left. 516 00:25:52,800 --> 00:25:56,200 They brought in this new guy. If they did an ETF, it would be, 517 00:25:56,200 --> 00:25:58,600 it would be, it would be big, it would probably be about the size 518 00:25:58,600 --> 00:26:01,920 of black rocks, I imagine. So you're probably adding even 519 00:26:01,920 --> 00:26:05,680 more AUM to all of this. It's it's massive folks. 520 00:26:05,680 --> 00:26:10,000 So like my my old 401K is through Vanguard and I I can't 521 00:26:10,000 --> 00:26:14,760 buy, I bet I can't buy the the Bitcoin ETFs in that retirement 522 00:26:14,760 --> 00:26:20,880 plan and I'm one of millions of Americans in that situation and 523 00:26:20,880 --> 00:26:24,160 I I, I I just hope people don't underestimate how big you know 524 00:26:24,160 --> 00:26:27,360 this this could be like that that's the biggest headline of 525 00:26:27,360 --> 00:26:29,600 the day. So like, yeah, we we might chop 526 00:26:29,880 --> 00:26:34,520 consolidate all summer, but long term Tri horizon this is this is 527 00:26:34,520 --> 00:26:36,440 going higher if these guys start buying, yeah. 528 00:26:36,440 --> 00:26:38,840 I mean, man, in Asia, they're obsessed with Bitcoin, dude, and 529 00:26:38,840 --> 00:26:40,680 they're so expellish on Bitcoin over there. 530 00:26:40,680 --> 00:26:43,280 I mean Hong Kong loves Bitcoin. I mean literally like I had 531 00:26:43,280 --> 00:26:45,520 meetings with people that represent invest HK. 532 00:26:45,880 --> 00:26:47,840 So by default like the government and they're like 533 00:26:47,880 --> 00:26:50,280 trying to help crypto companies move into Hong Kong. 534 00:26:50,920 --> 00:26:53,240 Like this is like me reporting to you guys live from the 535 00:26:53,240 --> 00:26:55,480 trenches. Like I was there, right? 536 00:26:56,040 --> 00:26:59,480 I'm I, I, I, I make these trips to go see the feeling and how it 537 00:26:59,480 --> 00:27:02,960 is all around the world, you have places where they literally 538 00:27:02,960 --> 00:27:06,680 want you to move there. They will help you pay salaries. 539 00:27:07,720 --> 00:27:09,800 Like there's a place called Cyberport in Hong Kong, which is 540 00:27:09,800 --> 00:27:13,640 where Anamoka is their their headquarters went to visit Yat 541 00:27:13,760 --> 00:27:16,760 and men over there and they literally will help you move out 542 00:27:16,760 --> 00:27:18,720 there and will help you pay salaries for your employees, 543 00:27:18,720 --> 00:27:20,680 will invest in your company, will incubate you, will 544 00:27:20,680 --> 00:27:22,480 celebrate you. And so over there it's like 545 00:27:22,480 --> 00:27:24,720 super bullish and you come back in America and you have to read 546 00:27:24,720 --> 00:27:26,640 this timeline which sometimes drives me insane. 547 00:27:27,280 --> 00:27:29,200 And so the best thing to do is really just like you know B 548 00:27:29,200 --> 00:27:30,560 check. And I was kind of going back and 549 00:27:30,560 --> 00:27:32,480 forth about this on the timeline agreeing with one another. 550 00:27:32,480 --> 00:27:34,840 It's like this is the period where just pick something up and 551 00:27:34,840 --> 00:27:37,480 get busy, right. If you're in school university, 552 00:27:37,680 --> 00:27:39,640 cause a lot of people are like younger and you don't have 553 00:27:39,640 --> 00:27:41,560 obviously universities done for the rest of the summer just 554 00:27:41,880 --> 00:27:44,160 enter it at a fucking crypto company or something and stay 555 00:27:44,160 --> 00:27:47,360 busy anyways. So to go back to macro and 556 00:27:47,360 --> 00:27:50,240 crypto and then let's go to to our memes all its memes dreams 557 00:27:50,240 --> 00:27:53,720 and let's go back to our to our to our fantasy top here because 558 00:27:53,720 --> 00:27:56,000 I I'm I'm really curious to hear a take on what's going on here 559 00:27:56,560 --> 00:28:00,240 Tyler. But you have MC stock is down 25 560 00:28:00,240 --> 00:28:04,720 points today and you have GME GameStop down 30 something 561 00:28:04,720 --> 00:28:08,800 points today. But Roaring Kitty posted a video 562 00:28:08,800 --> 00:28:11,080 I don't know if you guys saw 15 minutes ago which is actually 563 00:28:11,080 --> 00:28:14,280 crypto related. So I I I don't know. 564 00:28:14,280 --> 00:28:17,400 I don't know is he going to move all the masses to the crypto 565 00:28:17,400 --> 00:28:18,360 side? I mean this this. 566 00:28:18,440 --> 00:28:20,680 It's the first time there's like a whole mention of crypto in one 567 00:28:20,680 --> 00:28:21,560 of those videos. My. 568 00:28:21,560 --> 00:28:23,720 Side and you haven't heard my side yet. 569 00:28:24,160 --> 00:28:26,040 You haven't heard any of it at? All You're a drug. 570 00:28:26,280 --> 00:28:29,320 Dealer No. What? 571 00:28:29,680 --> 00:28:31,640 How? What? 572 00:28:32,480 --> 00:28:36,640 Yeah. How else could you possibly make 573 00:28:36,640 --> 00:28:37,320 that kind of? Money. 574 00:28:37,360 --> 00:28:38,440 That was such a good job, by the way. 575 00:28:42,600 --> 00:28:46,520 Marijuana. That Pinkman kid. 576 00:28:50,440 --> 00:28:55,480 No. Oh, my God. 577 00:28:55,640 --> 00:29:00,080 Walt. Cocaine. 578 00:29:00,080 --> 00:29:03,240 Crypto. Is that what I mean? 579 00:29:04,080 --> 00:29:07,440 Memes, right? See Crypto beams manufacturer. 580 00:29:07,600 --> 00:29:13,440 I'm not a dealer. Oh my God, there's a lot of. 581 00:29:13,560 --> 00:29:15,400 Angles to this OK, it's complicated. 582 00:29:15,520 --> 00:29:17,320 Let me the hell out of here. Before I throw up. 583 00:29:18,240 --> 00:29:19,640 So, so, So what do we think here? 584 00:29:19,640 --> 00:29:21,680 I mean, for those of you who didn't, who are not on video, 585 00:29:21,680 --> 00:29:24,200 you kind of have to like watch on video because he replaces 586 00:29:24,200 --> 00:29:27,320 like what they're saying. When he talks about cocaine, he 587 00:29:27,320 --> 00:29:30,240 it's crypto. It talks about menophenamines, 588 00:29:30,320 --> 00:29:34,080 he means menophenamines. Are we seeing is he going to 589 00:29:34,080 --> 00:29:35,640 shift all this attention to crypto here? 590 00:29:35,640 --> 00:29:37,440 Because this is the first video first, all of them. 591 00:29:38,200 --> 00:29:40,200 He's the first one that directly talks about crypto. 592 00:29:40,800 --> 00:29:45,120 Amanda, you muted. No, I don't think so. 593 00:29:45,520 --> 00:29:48,920 I think he's, I think he's, he's he's still for the stocks, man. 594 00:29:48,920 --> 00:29:52,200 I think he's still for stocks. I just feel like he should stop 595 00:29:52,200 --> 00:29:53,840 posting videos. I know. 596 00:29:54,080 --> 00:29:55,440 I think she's starting to feel that, too. 597 00:29:57,080 --> 00:30:00,200 I'm already. Like it It feels so different 598 00:30:00,360 --> 00:30:03,880 from like I wasn't following him super closely and in 2021, but 599 00:30:03,880 --> 00:30:05,880 it's just these random videos now that they're pumping. 600 00:30:05,880 --> 00:30:09,080 Like yesterday's video had GameStop in it and then GME 601 00:30:09,080 --> 00:30:13,040 Token did pump like 30%, like immediately when he posted that 602 00:30:13,040 --> 00:30:15,880 video. Then it it it fell back and and 603 00:30:15,880 --> 00:30:17,880 now this. I don't know. 604 00:30:17,880 --> 00:30:19,960 I feel like folks are starting to get a little more skeptical 605 00:30:20,360 --> 00:30:21,720 of this. We need to see a little more 606 00:30:21,720 --> 00:30:24,840 substance here soon, or folks are going to stop buying into 607 00:30:24,880 --> 00:30:25,360 it. It's only. 608 00:30:25,480 --> 00:30:27,840 Doubled in two days. Like this is like this is like 609 00:30:27,840 --> 00:30:30,280 insane. Like I don't know. 610 00:30:30,400 --> 00:30:32,960 I I'm just wondering what happens next in that thing 611 00:30:32,960 --> 00:30:35,600 because you know what was it what I read that what the 612 00:30:35,800 --> 00:30:39,360 GameStop pump over a month happened over 2 days this time 613 00:30:39,360 --> 00:30:42,040 around like you know last time they squeezed it up to like I 614 00:30:42,040 --> 00:30:44,520 don't know how much it took a whole month right. 615 00:30:45,120 --> 00:30:48,440 And then like you know and now you have this is that game he's. 616 00:30:48,440 --> 00:30:50,040 Anywhere near where it was before, right? 617 00:30:50,040 --> 00:30:53,200 I think GMA went up like 1000. Oh, something crazy. 618 00:30:53,280 --> 00:30:55,360 What did GME go to? No, I went to. 619 00:30:57,560 --> 00:31:02,640 Yeah, GME went to 100. Looks like I think even more I 620 00:31:02,640 --> 00:31:03,760 thought it. Went up way more than that. 621 00:31:03,880 --> 00:31:08,080 Yeah, yeah, it went. Up to Oh no, 81 USD, what am I? 622 00:31:09,000 --> 00:31:10,760 Maybe. Maybe I don't remember it 623 00:31:10,760 --> 00:31:17,720 correctly but I think on the day there was this is on a daily 624 00:31:17,720 --> 00:31:20,920 candle so you don't see the intraday but they were like wild 625 00:31:20,920 --> 00:31:22,600 moves intraday as far as I remember. 626 00:31:22,840 --> 00:31:24,360 I'm pretty. Sure, I saw in the two hundreds 627 00:31:24,360 --> 00:31:26,400 one day like intro. But yeah, I. 628 00:31:26,400 --> 00:31:28,440 Remember something crazy like that, right? 629 00:31:28,920 --> 00:31:32,000 I'm pretty sure intraday all time high was like intraday 630 00:31:32,000 --> 00:31:35,240 ATHGME. Let's see, I don't really know, 631 00:31:35,240 --> 00:31:38,560 but I'm pretty sure intraday like we saw it go like way 632 00:31:38,560 --> 00:31:41,560 higher than than than a than 100 bucks. 633 00:31:42,680 --> 00:31:44,280 Forgot what it was. I don't remember it. 634 00:31:44,280 --> 00:31:49,240 But hey, hopefully this this oh Jeremy had a four to one stop 635 00:31:49,240 --> 00:31:51,200 split. They also had a four to one stop 636 00:31:51,200 --> 00:31:54,680 split since. OK, that makes more sense. 637 00:31:55,440 --> 00:31:59,200 So that does mean they're way higher than the Ath now, yeah? 638 00:31:59,320 --> 00:32:02,960 So shares of GameStop, which hit an all time intraday high of 120 639 00:32:03,280 --> 00:32:05,120 in January 2021. Yeah. 640 00:32:05,200 --> 00:32:07,080 So they they've already reached the all time high, which is 641 00:32:07,080 --> 00:32:09,480 insane when you think about it. They're then 48 hours versus 642 00:32:09,480 --> 00:32:10,960 last time. It took a whole month to make 643 00:32:10,960 --> 00:32:13,120 that happen. Oh, I hate when this MacBook 644 00:32:13,160 --> 00:32:15,200 done. I'm back. 645 00:32:15,200 --> 00:32:17,760 Am I back? My I go, we're so back. 646 00:32:17,760 --> 00:32:19,760 Anyways, first that. All right, so let's talk about 647 00:32:19,760 --> 00:32:23,640 all streams and dreams. I mean, Tyler, what's the TLDR? 648 00:32:23,640 --> 00:32:27,520 Give us the alpha. What is happening on Fantasy Top 649 00:32:27,520 --> 00:32:28,760 right now? What's the what's the state of 650 00:32:28,760 --> 00:32:31,840 the of the tournament? You have a crazy line up. 651 00:32:32,600 --> 00:32:35,880 Yeah, so you probably saw your favorite influencers start to 652 00:32:35,880 --> 00:32:39,040 tweet a lot more yesterday evening and into this morning. 653 00:32:39,040 --> 00:32:42,520 That's because the main tournament 2 did begin at 5:00 654 00:32:42,520 --> 00:32:46,760 PM Eastern yesterday and it did come with another all time high 655 00:32:46,760 --> 00:32:50,880 day of trading volume and a record number of active traders. 656 00:32:50,880 --> 00:32:54,320 But the the floor prices did take a hit on the day. 657 00:32:54,320 --> 00:32:56,120 I think some notable stats just to start us off. 658 00:32:56,120 --> 00:32:59,680 So 19120 ETH in trading volume, that's over 5,000,000 bucks. 659 00:32:59,960 --> 00:33:05,680 7200 traders, 12,699 players registered for the tournament so 660 00:33:05,680 --> 00:33:09,480 that's down about 6000 or so from tournament one. 661 00:33:09,480 --> 00:33:13,480 I thought that was pretty interesting card floors as I 662 00:33:13,480 --> 00:33:15,800 know the word down. Zeneca did a great tweet so so 663 00:33:15,800 --> 00:33:17,880 go check his out if you haven't already. 664 00:33:19,000 --> 00:33:22,560 Some some summary numbers. 76% of the cards are down on the 665 00:33:22,560 --> 00:33:27,600 day, 41% are down 20% or more and just 9% of the cards are up 666 00:33:27,600 --> 00:33:29,760 20%. So he he's got the whole 667 00:33:29,760 --> 00:33:33,280 spreadsheet and he's running back the whole 2021 arc with his 668 00:33:33,760 --> 00:33:39,320 spreadsheet price updates the I think there's a little bit of 669 00:33:40,520 --> 00:33:43,160 maybe confusion might be a strong word I think so perhaps 670 00:33:43,160 --> 00:33:45,840 some surprise on the scoring algorithm. 671 00:33:45,840 --> 00:33:50,360 So it does seem like the active tweeters are perhaps getting 672 00:33:50,360 --> 00:33:53,000 rewarded more than folks thought they might be. 673 00:33:53,440 --> 00:33:56,680 So you can see some of them at the top of the the leaderboard. 674 00:33:56,840 --> 00:34:00,200 And then I think probably the most interesting slash fun story 675 00:34:00,200 --> 00:34:02,960 out of this is Franklin's board is trying to break the game. 676 00:34:03,600 --> 00:34:07,320 So he started out by auto scheduling videos of himself 677 00:34:07,320 --> 00:34:10,280 reading out the time and posting them every 5 minutes. 678 00:34:10,280 --> 00:34:12,040 So it looks like he's going to do this for the entire 679 00:34:12,040 --> 00:34:16,080 tournament. And then he he posted a a video 680 00:34:16,080 --> 00:34:18,920 of a video link of himself sleeping and over 2000 people 681 00:34:18,920 --> 00:34:21,159 were watching him sleeping this morning. 682 00:34:21,880 --> 00:34:24,199 So see. You in 5 minutes. 683 00:34:24,760 --> 00:34:26,280 Oh. My God, dude. 684 00:34:27,679 --> 00:34:29,960 I I mean, don't. I mean, kinda had to play it 685 00:34:29,960 --> 00:34:32,840 right? He made 144 videos. 686 00:34:32,840 --> 00:34:36,760 Assuming that he he can use the same video for like 6:05 AM and 687 00:34:36,760 --> 00:34:40,280 6:05 PM, it's a incredible dedication. 688 00:34:41,199 --> 00:34:42,679 Where is the video of him sleeping? 689 00:34:42,679 --> 00:34:45,920 I want to see if he snores. It was at like 7:00 AM this 690 00:34:45,920 --> 00:34:46,840 morning, so you're gonna have to. 691 00:34:46,920 --> 00:34:49,120 It's so hard to scroll through his feed, I found. 692 00:34:49,120 --> 00:34:51,440 It So it's letting him sleep. I don't get it. 693 00:34:52,920 --> 00:34:56,400 Look, what do you see him. Well, Franklin, blink twice if 694 00:34:56,400 --> 00:34:57,240 you need help. OK. 695 00:34:57,760 --> 00:35:01,920 So that is some of the that is the most absurd thing I've ever 696 00:35:01,920 --> 00:35:03,560 seen. Let's look at the standings 697 00:35:03,560 --> 00:35:06,200 here. So so this is like the updated 698 00:35:06,200 --> 00:35:07,040 one. So you're right. 699 00:35:07,040 --> 00:35:09,720 I guess they're. Oh, there you go there there's 700 00:35:09,720 --> 00:35:12,320 23. God damn, you're whooping our 701 00:35:12,320 --> 00:35:15,080 asses over here. Sheesh 23rd. 702 00:35:15,120 --> 00:35:16,680 I'm. I'm down there because I guess 703 00:35:16,680 --> 00:35:19,720 you're going to tweet a lot. Like maybe I should post like 704 00:35:19,840 --> 00:35:22,800 auto post 30 minutes saying Mando what are we going to do? 705 00:35:23,000 --> 00:35:23,960 We don't. Even tweets? 706 00:35:24,360 --> 00:35:26,840 Oh. There I am 109. 707 00:35:26,840 --> 00:35:29,080 I mean, I was like 130 something. 708 00:35:29,080 --> 00:35:30,160 So that's. I'll take that. 709 00:35:30,720 --> 00:35:32,200 God damn it, Mando. Oh, there it is. 710 00:35:32,240 --> 00:35:34,000 What 27? There's Mando. 711 00:35:34,280 --> 00:35:37,440 There's Mando. I mean how? 712 00:35:37,480 --> 00:35:41,800 Many How many people are there? I'm just thinking 100 and. 4000 713 00:35:42,360 --> 00:35:45,000 and. 40. Yes, you're you're in the bottom 714 00:35:45,000 --> 00:35:47,080 third. You're you're both in the bottom 715 00:35:47,080 --> 00:35:48,520 half. So love you guys. 716 00:35:48,520 --> 00:35:51,320 You're you're terrible performers so far in this 717 00:35:51,320 --> 00:35:53,720 tournament so far. I'm really gonna need you to 718 00:35:53,720 --> 00:35:56,080 step it up because I think you've only got 2 legendary 719 00:35:56,080 --> 00:36:00,120 cards and I've got one of them. So you are my primary 720 00:36:00,120 --> 00:36:02,080 differentiator. I am, I'm doing all right. 721 00:36:02,080 --> 00:36:09,720 I am in 200th place right now. 3456 times already. 722 00:36:09,720 --> 00:36:13,280 It's 10 AM Jesus Christ man. How many times am I meant to 723 00:36:13,280 --> 00:36:15,480 tweet? I see Pancakes right now in OK, 724 00:36:15,520 --> 00:36:17,440 let's let him up on stage. Pancakes is here. 725 00:36:17,640 --> 00:36:20,400 He's requiring requested. This being Pancakes Bra is 726 00:36:20,760 --> 00:36:22,920 cooking right now. I mean this Fantasy top 727 00:36:22,920 --> 00:36:25,920 tournament is off to I I'm having so much fun playing this 728 00:36:25,920 --> 00:36:27,320 game. Honestly, I love it. 729 00:36:27,320 --> 00:36:29,400 I think that's what the people need right now in this market. 730 00:36:29,400 --> 00:36:30,600 Pancakes. What's up dude? 731 00:36:32,200 --> 00:36:33,800 Hello, how is it? How are you doing? 732 00:36:33,800 --> 00:36:35,080 I'm doing. Great, man. 733 00:36:35,240 --> 00:36:37,360 Dude, you're you're on one. You're on one. 734 00:36:37,760 --> 00:36:40,840 Yeah, dude. Oh, dude, they they they woke up 735 00:36:40,840 --> 00:36:43,440 the boogeyman. What's the secret? 736 00:36:43,440 --> 00:36:44,480 What? What's the offer here? 737 00:36:45,960 --> 00:36:50,320 I I don't know I I just they I didn't OK so fantasy top drop 738 00:36:50,320 --> 00:36:51,880 right. I didn't even know I was on like 739 00:36:51,920 --> 00:36:56,680 a part of the game and I I woke up and people were like tweet 740 00:36:56,680 --> 00:36:57,960 more bitch. I was like what? 741 00:36:58,480 --> 00:37:04,000 And I found out that was a card and I I kind of faded it at 1st 742 00:37:04,000 --> 00:37:07,040 and then I looked and I had made like 4 ETH and I was like oh 743 00:37:07,920 --> 00:37:13,440 this could be fun. So I just decided to go in and I 744 00:37:13,440 --> 00:37:15,880 I've stopped like I stopped trying to build my account like 745 00:37:15,880 --> 00:37:17,800 6 months ago. I've been working and founding, 746 00:37:17,960 --> 00:37:21,160 doing other things, but I was like, this is fine. 747 00:37:21,160 --> 00:37:22,800 I'm taking a break from everything right now. 748 00:37:22,800 --> 00:37:26,360 Like I'm not working or anything at the moment, so I'll just 749 00:37:26,560 --> 00:37:29,560 start tweeting like I used to, except a lot more. 750 00:37:30,040 --> 00:37:31,760 So yeah, I don't schedule tweets or anything. 751 00:37:31,760 --> 00:37:34,160 I just kind of tweet whatever I'm feeling at the moment. 752 00:37:34,160 --> 00:37:36,840 Like I just kind of, you know, Yolo it. 753 00:37:36,880 --> 00:37:40,000 And so far so good. All right. 754 00:37:40,000 --> 00:37:41,680 I like you. I guess that's the secret, man, 755 00:37:41,680 --> 00:37:42,560 though. We got to tweet more. 756 00:37:43,160 --> 00:37:44,080 Hey. Broke I gotta jump in. 757 00:37:44,080 --> 00:37:46,800 So I Franklin. Franklin was in my space for 758 00:37:46,800 --> 00:37:50,320 like 3 hours tonight. We were talking and he, he's 759 00:37:50,320 --> 00:37:52,360 trying to game the system by tweeting like every 5 minutes. 760 00:37:52,360 --> 00:37:54,160 And I was like, I don't know man, like, 'cause I'm, I'm above 761 00:37:54,160 --> 00:37:58,080 Franklin in the rankings I think, and I have substantially 762 00:37:58,080 --> 00:38:01,880 less followers in him. But I was like dude, like what's 763 00:38:01,880 --> 00:38:04,560 always worked for me is tweeting like about once an hour and it 764 00:38:04,640 --> 00:38:07,520 being a very well thought out hopefully banger. 765 00:38:08,520 --> 00:38:11,320 But he's going for pure volume and I was you know it's working 766 00:38:11,360 --> 00:38:15,560 for him to a certain extent, but seems like you need and he's. 767 00:38:15,600 --> 00:38:19,200 Working hard well. You need, I mean, I mean, yeah, 768 00:38:19,880 --> 00:38:22,680 yeah, but you need reach as well as like, volume. 769 00:38:22,680 --> 00:38:25,880 So in your like, Twitter doesn't let your tweet cook unless you 770 00:38:25,880 --> 00:38:27,800 leave it up for about an hour before tweeting you again. 771 00:38:29,000 --> 00:38:31,560 So I. See I. 772 00:38:31,560 --> 00:38:34,240 Didn't realize pancakes was going to lean in so much, so I I 773 00:38:34,240 --> 00:38:39,520 had about 15 pancake comments. He was way too cheap and I just 774 00:38:39,520 --> 00:38:42,360 didn't know that he was gonna, he was gonna lean in this much. 775 00:38:42,680 --> 00:38:45,000 I sold off about 10 egg all over my face. 776 00:38:45,000 --> 00:38:46,480 He's It's taking two. Months. 777 00:38:46,480 --> 00:38:49,720 That. Is so funny. 778 00:38:49,720 --> 00:38:51,760 I mean, let's look at your deck. I mean, how much have you spent 779 00:38:51,840 --> 00:38:56,280 on this deck, Tyler? So I I only put in like 2 to 3 780 00:38:56,280 --> 00:38:59,280 ETH and then I rolled your legendary and then I was like OK 781 00:38:59,280 --> 00:39:01,800 I could actually make a run at this game now. 782 00:39:02,160 --> 00:39:06,880 So I put another like 5 to 6 ETH in mostly in that the team that 783 00:39:06,880 --> 00:39:10,640 I put for the deck so the I mean the epic Zeneca is probably like 784 00:39:10,640 --> 00:39:14,480 2 to 2 1/2 ETH. Celcus is probably 2 ETH rare 785 00:39:14,520 --> 00:39:15,920 Gen. Or right now. 786 00:39:15,960 --> 00:39:18,640 What are you ranking right now in the tournament like in as a 787 00:39:18,640 --> 00:39:23,160 player? I'm like 199 right now so it I 788 00:39:23,160 --> 00:39:25,840 need Sakas to step it up. If Sakas steps it up, I can. 789 00:39:25,840 --> 00:39:28,920 I have a legit shot to get like top top 20 Sakas. 790 00:39:28,920 --> 00:39:32,760 Is not tweeted right. He hasn't do that a. 791 00:39:32,760 --> 00:39:34,680 Few times. But like I need him to go viral. 792 00:39:34,680 --> 00:39:37,320 Like I need him to get into like a hot political crypto debate 793 00:39:37,880 --> 00:39:40,320 and and really take over the timeline here, I mean. 794 00:39:40,360 --> 00:39:44,080 Speaking of hot political debates, I mean, Mando, what do 795 00:39:44,080 --> 00:39:45,840 you what do you what do you think about this one? 796 00:39:45,840 --> 00:39:49,960 Trump accepts Biden's challenge for presidential debate next 797 00:39:49,960 --> 00:39:53,400 month. God damn, I think you were big 798 00:39:53,400 --> 00:39:56,040 on boating for a moment that seemed to have pumped quite a 799 00:39:56,040 --> 00:39:59,960 bit, but that's pretty crazy, Trump quickly replied on truth 800 00:39:59,960 --> 00:40:03,400 social I'm ready and willing to debate, in his word, Crooked Joe 801 00:40:03,760 --> 00:40:06,880 at the two proposed times in June and September. 802 00:40:07,320 --> 00:40:11,000 I would strongly recommend more than two debates and for 803 00:40:11,000 --> 00:40:13,680 excitement purposes, a very large venue. 804 00:40:16,520 --> 00:40:20,360 Yeah, I think there have been some talk that Trump would, 805 00:40:20,360 --> 00:40:22,960 because Trump hasn't done any of the the primary states, I 806 00:40:22,960 --> 00:40:25,000 believe. So there was some thought that 807 00:40:25,000 --> 00:40:26,800 he might also avoid it. Like Trump's not a young guy 808 00:40:26,800 --> 00:40:32,000 either, but maybe this is Biden thinking, Yeah, this is the he 809 00:40:32,160 --> 00:40:35,280 people did say he did well in the debates last time around, 810 00:40:35,280 --> 00:40:39,360 like better than expected. So maybe he's going for that 811 00:40:39,360 --> 00:40:42,400 this time, I don't know. Depends how much they're 812 00:40:42,400 --> 00:40:46,640 moderated or not. I mean, as a completely neutral 813 00:40:46,640 --> 00:40:52,560 observer, I I wouldn't say that talking in public is is Biden's 814 00:40:52,560 --> 00:40:55,400 strong point. Yeah. 815 00:40:55,520 --> 00:40:57,480 What do you think, Tyler? As an American? 816 00:40:58,040 --> 00:40:59,000 Yeah. So I I am. 817 00:40:59,720 --> 00:41:02,520 I'm not a neutral observer. For one, the Democratic National 818 00:41:02,520 --> 00:41:03,920 Convention is at the United Center. 819 00:41:03,920 --> 00:41:06,280 It's four blocks from my house so that Chicago's going to be in 820 00:41:06,280 --> 00:41:08,960 the hot bed of all of this this summer. 821 00:41:10,160 --> 00:41:13,800 Biden needs a body double to to have any chance in a in a debate 822 00:41:14,080 --> 00:41:16,040 with with Trump. I mean, four years ago he did 823 00:41:16,040 --> 00:41:17,120 well. I remember watching those 824 00:41:17,120 --> 00:41:19,840 debates and being surprised. I I don't see how he's going to 825 00:41:19,840 --> 00:41:23,040 run it out this time of Trump. But it rejuvenated Bowden. 826 00:41:23,040 --> 00:41:26,800 Bone's up 52% because of this. Now you know there's going to be 827 00:41:26,800 --> 00:41:29,800 two, you know, marquee opportunities for him on a a 828 00:41:29,800 --> 00:41:33,280 stage across the entire country. And if he does well, the token 829 00:41:33,280 --> 00:41:35,880 probably pumps If. If he if he fumbles, the token 830 00:41:35,880 --> 00:41:38,400 probably pumps more. So why? 831 00:41:39,000 --> 00:41:40,360 Yeah, yeah. Right. 832 00:41:40,360 --> 00:41:42,200 Like I, I, I feel exactly what Pike said. 833 00:41:42,200 --> 00:41:44,440 Like, what you guys both saying, like it just pumps in the way, 834 00:41:44,440 --> 00:41:46,000 right? Like you can have like a funny 835 00:41:46,000 --> 00:41:48,600 moment happen to him and this token probably flies. 836 00:41:48,920 --> 00:41:53,320 And he could also just like, Cook Trump and his flies like, I 837 00:41:53,320 --> 00:41:55,880 I don't know, like, 'cause it was really down pretty bad. 838 00:41:55,880 --> 00:41:57,680 But that was probably on the base that, like, we knew he 839 00:41:57,680 --> 00:42:01,160 wouldn't be out there, right? And now it's like, well, he's 840 00:42:01,160 --> 00:42:02,960 going to be out there twice and it's coming. 841 00:42:02,960 --> 00:42:04,400 And June is around the corner. Boys. 842 00:42:04,480 --> 00:42:07,000 Like June is literally around the corner. 843 00:42:07,520 --> 00:42:11,800 So, So we'll see what happened. But but some people saying that 844 00:42:12,280 --> 00:42:15,200 Trump is washed up, some people saying that he's falling apart, 845 00:42:15,200 --> 00:42:18,680 some people saying that he he may not be there due to legal 846 00:42:18,680 --> 00:42:20,480 issues. Listen, I don't know what's 847 00:42:20,480 --> 00:42:23,240 going on. Y'all but this has an effect on 848 00:42:23,240 --> 00:42:26,800 my bags. So I have to care, you know, so 849 00:42:26,800 --> 00:42:28,760 I have to care. Look Mando's like Frozen. 850 00:42:28,760 --> 00:42:30,240 It's so funny. He's like Frozen and the 851 00:42:30,240 --> 00:42:36,720 smiling, smiling Frozen. So it's so it's so it's not bad 852 00:42:37,280 --> 00:42:39,160 At least you're looking good. Mando, don't worry, you're 853 00:42:39,160 --> 00:42:40,120 looking good. You're looking healthy. 854 00:42:40,120 --> 00:42:42,560 You're looking sharp as usual So that's. 855 00:42:42,600 --> 00:42:46,360 I think that's that's that as on on on that front. 856 00:42:46,360 --> 00:42:48,440 I think you know what we could do because I see I see Manny's 857 00:42:48,440 --> 00:42:50,960 already in the in the studio. So we'll we'll get to to our to 858 00:42:50,960 --> 00:42:53,280 our so our for today's show at four of us. 859 00:42:53,280 --> 00:42:56,360 But tomorrow maybe you could do the roundup on NTS because I'm 860 00:42:56,360 --> 00:42:58,280 actually curious to like what the hell is going on FTS I just 861 00:42:58,280 --> 00:43:00,400 opened Magic Eden. My puppets are down to .18 862 00:43:00,400 --> 00:43:01,920 Bitcoin. What have you guys done? 863 00:43:03,160 --> 00:43:05,400 Just close out of that tab as fast as you can. 864 00:43:05,720 --> 00:43:08,000 That's the only move you can make. 865 00:43:08,000 --> 00:43:12,440 I can run us through it. It's painful, so it's So what 866 00:43:12,440 --> 00:43:14,160 we'll. Do tomorrow because I'm not 867 00:43:14,160 --> 00:43:17,720 ready for for pain yet so so maybe so so I'll be more ready 868 00:43:17,720 --> 00:43:22,560 for the pain yesterday but, but, but but I'm seeing a lot of red 869 00:43:22,960 --> 00:43:24,840 in general on NFTS and across the board. 870 00:43:24,840 --> 00:43:27,160 I mean every time I open the Solana and FTS are even lower. 871 00:43:27,480 --> 00:43:29,640 It's like those are like it's like even worse over there. 872 00:43:29,680 --> 00:43:32,800 ETH NFTS are bleeding. Luca can sell 10 million toys 873 00:43:32,800 --> 00:43:34,760 and yo we'll still be selling which is crazy. 874 00:43:35,320 --> 00:43:37,080 And then the Bitcoin puppets. I mean World Peace. 875 00:43:37,520 --> 00:43:39,080 What? What happened to World Peace? 876 00:43:39,440 --> 00:43:41,040 Y'all. What happened to ruins? 877 00:43:41,640 --> 00:43:46,240 Changing the stage of Bitcoin? God damn it. 878 00:43:46,680 --> 00:43:48,400 God damn it. We really need this whole market 879 00:43:48,400 --> 00:43:52,400 to pump so you guys can have some conviction all over again.