Bitcoin Just Had a MONSTER 43% Quarter Transcript, AI Summary & Key Points

00:01 Welcome back to Cryptos Are Us. I'm George. We're all George. Welcome to another market open stream. Today is the start of October. That's right. We had one of the best quarters ever in Bitcoin's history. Okay. And that leads us into October. So, let's discuss what's going on. What's causing all the hype and momentum to come back and everything else that's going on today.

00:39 All right, let's do it, guys. Let's do it. Welcome, welcome, welcome. We're starting out the day right around $84,000. We were a little bit higher yesterday. Kind of got faked out yesterday. We started out really hot and then kind of slowly during the day we lost some of our gains. But overall, if you zoom out, you see we're waiting waiting for that next leg up that's going to push in the 90s, right?

01:18 We've been going sideways. We went sideways for a long time in the 70s and 80s. Now we have broken above, going sideways again. But you can see that band is very very narrow now. Looks like there's something big that's brewing and that could be coming this month because traditionally speaking October is very very green. That's why it's called October for those of us in crypto.

01:46 Today the US market, let's see, US market if this updates starting out green, which is good. What's not good is our 10-year yield. Uh skyhigh 567% on the 30-year. This is the highest in 24 years. So, this is definitely driving some people to Bitcoin and crypto. Okay. Um, people are just afraid afraid of their dollar becoming worthless. So, I don't know if uh people know this, but I asked Clash, if you go under markets, macro macro map, we got a really cool thing where it shows you like all the countries and their

02:43 inflation rates, GD, GDP, unemployment, debt to GDP ratio. Our inflation after our PCE kind of surprising still 3.4%. Okay, which is okay, but we're the ninth highest in the world. Argentina is at 33% and Turkeyy's at 31%. See, that's what happens. Okay, when the spending gets out of control and you have endless printing, inflation at 30%. Okay, Russia's at 6.7%.

03:19 India at 4.82, Brazil at 4.22, Australia at four, and United States at 3.4. But, you know, some of that could be fudge. It's actually a lot higher than that. But if you look at something like GDP, we're definitely leading at 31 trillion. But what we're also close to leading is debt per GDP, 123%, the third highest in the world under Japan and Italy.

03:49 What does that mean? We spend more than what we make. That's what it means. Anytime you're above 100%. That's horrible. That is horrible. We are spending way more as a country than what we're taking in. So, one of the reasons why the 10ear is so high is because we are broke as a country. So, how can we offset this? We borrow more money by issuing bonds.

04:24 And if no one wants to buy those bonds, guess what? We have to make it more incentive. We have to add incentive, make it more enticing for people to buy. That's why the the the yield keeps going up. That's the reason why when you see bond yields go up, it's a horrible thing. That means no one wants it. So, it's either that you sell bonds or you print money which leads to inflation which doesn't help the bond situation or yield situation.

04:55 So no good I I don't know how Japan can can even survive with the 248% they spend they spend two and a half times more than what they make. That's that's crazy. No wonder the Japanese yen is is dying and needs intervention. It's it's crazy what's going on. Anyways, this is one of the reasons why people are turning to commodities, turn to gold and silver and Bitcoin because they don't like what they see.

05:32 Economists have warned that this is going to lead to financial collapse. We don't know when, but we've been on this path of irresponsible spending for quite some time and it just seems like no one cares anymore. But it's all gonna collapse someday and you got to get ready for that. What else? Uh Russia launches a massive strike on Ukraine. So that war is not coming any is not ending anytime soon.

06:05 Uh oil prices rise. Oh, that's no good. as Chinese refiners reportedly ban October fuel exports. So obviously the war in the Middle East still ongoing. The oil situation out of the Middle East not resolved. So you got two wars that's ongoing too. Okay, that isn't helping things. But despite these wars ongoing, Bitcoin is still looking strong and looks like it wants to go higher as more and more money flows back in which is good which is really good.

06:44 Uh today I saw Micron one of its biggest memory makers report and their earnings is is unbelievable. Uh, data center revenue up 11% not 11% 11fold, 1100%. Earnings shattered revenue, shattered expectations, but yet they're down for some reason, but memory goes to show you like the they're sold out until like 2028 or 2029. Um, so this AI boom doesn't seem like it wants to slow down anytime.

07:27 which is really what's carrying markets right now. If you look at it, it's like the the the biggest gainers are all in the AI space. AI or data center or hardware space, but there are a lot of stocks that are also like near the all-time lows. So, they're they're what's carrying the market right now. Anyways, now how this all relates to Bitcoin and crypto is well, we just had one of the best Septeers ever recorded in history.

07:58 Normally September is not a good month for Bitcoin, but we had one of the best years ever going back to 2013. I don't know what it is like 2012 or 2011, but still one of the best ever. If you look at quarterly definitely one of the best okay 40.3% growth in Q3 the best since 2017 when we had a 76% and then you go back further 2013 you had a 40.9%. So, one of the best ever.

08:47 Okay. Now, look at Q4. Traditionally speaking, Q4 is very green. Very, very green. We had some triple digits or high double digits. So, no reason why that cannot continue. If we're going based on history, right, you look at 2014, 2018, 2022, they they were all crypto winter years. And then you look at the years after that, you have three consecutive green years.

09:31 And they're all very, very positive. Okay? Even after 2022 bottom of 15,000, the next year we went up 155%. The year after that 121%. So we could see a pretty tremendous recovery, pretty tremendous if you ask me. So, if you look at, let's say the four-year cycle is broken and we don't have it every four years, but if you look at 2025 or maybe somewhere between 2025 and 2026, it's a weird time.

10:12 That's why it's kind of like split. So, you got this little negative right here. But if we're coming off of our crypto winter, which I do believe we are, then the next three years or maybe two and a half years now, could be in triple digit recoveries, right? Could be the start of that. Let's think about it. So, let's see what we do this month and how we close out this year.

10:43 And we have midterms this year. That's usually important, too. Um, yesterday we didn't have a good we didn't have a good ETF day. We had an outflow of 150 million, 60 million, 11 million. XRP had plus 3 million. Just a little bit, just a little little red. But look at how much green. There will be more of this. There will be more of this as more and more investors get rid of their dollars and come back into crypto.

11:28 Uh what else? Cityroup says Bitcoin will hit 113,000 due to the ETF inflow in 12 months. Uh I I say we're going to hit that a lot sooner. A lot sooner. I don't think uh you know I actually think that we could actually hit this before the end of the year. I think if we could hit 100k by midterms. I think we go a lot higher. We could break our previous high by the end of the year and have a really good recovery year next year.

12:08 So I think this is very very very very very conservative estimate for 12 months. Very conservative. But you know I'm always bullish. So we'll see. Strive wants to buy another 400 Bitcoin. That's coming up. Sailor sees Bitcoin treasury companies continuing to buy buy and he wants Strive and others to offer digital credit. I'm not so sure everyone should offer digital credit like strategy with Strife or Stretch or whatever it is.

12:55 Uh yes, like so many of them. I'm not so sure that that's the right path. It c it can be dangerous. he withtood it, but I'm not sure other companies will. But anyways, these treasury companies continuing to load up in DCA and that's what you want. MVRV above 36565 day average. And historically when that happens, you're in bull mode. You're in full recovery mode, at least the start of it.

13:38 And guess what? Last time this happened was when coming out from bottom of 2022. And the time before that coming out from bottom of 2019 and the time before that coming out from bottom of 2015 crypto winters history doesn't repeat but it tends to rhyme and that is what it's looking like right now. Here's a weekly market structure that Bitcoin broke as well.

14:12 We know it broke the 50we moving average as well. So everything's looking good. Just got to be more patient. Continue to hold on DCA. There's no better strategy. And let the gains come back to us. That's really it. As long as you don't get hacked. Okay, this was the worst month of 2026. 768 million hack from Big Gat, but I think that's protected. They said they're protected.

14:47 Liquid Network and then all these other hacks that happened. So, no good. And Liquid Network, most of us given back, but then you know the ransom situation, the 10%, I don't know if they returned the 10% or not. So, not all of that was lost. Most of it is okay. But still, you had others that lost money. So, you got to be careful and protect your crypto.

15:21 Uh what what else? Ripple releases 1 billion from their escrow. They always do this every quarter. Okay, that's how their model is. So, you know, doesn't mean anything. They could lock it right back up if no one wants it. But honestly, they want people to buy it like institutions and stuff. So that happens every quarter. Uh Salana's monthly app revenue reaches a 9-month high.

15:46 Their TVL's recovery. So yeah, things are coming back from crypto winter. All right. That's pretty much it. Today is still green right now. We've recovered a little bit. We're a little bit below 84,000 today. Uh looking at I don't know why Micron's down but Micro Strategy is up again 3 and a half%. Yeah, mostly mostly the staleness today. All right, let's do some Q&A.

17:06 Anthony wrote a super chat. Probably one of the biggest idiots in this chat right now. Why don't you get any specific reasons why you don't like ICP? You say just say no comment if you're paid not to mention it. I would love to be paid not to mention it. Okay. And I would love to be paid to call you out being the biggest idiot in this live chat. I've said why I don't like ICP many, many, many times.

17:31 Okay? And I'm not going to say it to you just because you sent a $5 super chat. Not only that, you are banned from this channel for being an idiot. Uh, and there is a previous previous super chat about mover. I don't even know what mover is. M O BR. I don't know what mover is. Sorry. Oh, totally forgot Moon River. Oh, forget this. Forget this. Okay.

18:34 Anything that has to do with DOT, Polka Dot, or their side chain, parach chain, Kusama, just just pretend like you never heard of it and that's it. The only people that ask about this are people that are now coming back from 2022 and they haven't paid attention in four years and they come back and they're like, "Oh, what's going on with it?" What's going on with it is they are dead.

19:05 All right, Polka Dot has made zero traction. All their parach chains is complete failure. And the only reason why Moon River did well is because it was ETH compatible. But we have a lot of layer twos now. Okay, a lot of layer twos and layer 3es. You don't need a parach chain. There's no projects on it. No one on it. So yeah, it kind of irritates me when that happens.

19:37 I I know I shouldn't be irritated, but like when someone shows up after four years, they're like they pretend like it's casual, like, "Oh, I haven't been here for a while. What What What is Ask Clash? Oh, what is Clash Pad?" That's when I know they haven't been here for years. What is Clash? Is that your token? They haven't been here for years. And then they ask questions about dead crypto expecting me to say something that's going to change things.

20:05 No, maybe you should have been paying attention. I don't know why that just really irritates me. A lot of things irritate me. But what's not irritating is soul scent to holders now above 700. Yesterday because I had this open last uh yesterday when I was showing you guys this. We're like above 6 630 or something. We added another 70 soul. That's per day just given out to people that are holding.

20:54 It's quite amazing the system that we have. So if you guys haven't checked out Clashpad yet, do so. You could launch your own coin if you want to for a community for whatever project that you're trying to create. You are free to launch and very very very cheap to launch. But for the rest of you guys, you can check out some of our coins that have launched like CWD, which is Clash World.

21:20 I'm spending a lot of time on it. That game is going to be absolutely amazing when done. But you could hold on and say Clash World or any other coin that we have and get rewarded and sold every hour. Just hits your wallet like magic. It's really quite quite amazing. Uh, I'm thinking of selling Ada for Soul. Not 100% sure. I don't know. Ada will come back, but me personally, I like Soul a lot better.

22:25 Uh, George, do you think we'll be ranging with a possible dip this month or do you think we'll be moving a steps up? I think we're going to be moving steps up. I remember last year we had kind of like a stale October until the end. That could still be the case. you know, some of these macro stuff that I've been talking about and I even talked about today, you know, some of them need to clear, right?

22:50 Like no one wants elevated oil, no one wants elevated inflation, no one wants wars to be ongoing. You know, if some of these things clear or lighten up, at least that's how you know you raise the ceiling. How did uh Polygon fumble it? I got some inside information is because Polygon like their chain was just broken to begin with. So their chain couldn't handle transactions.

23:37 And I know this because I was friends with a a project that talked to them that wanted to move to Polygon. They couldn't handle transactions at all. Their chain is actually very slow. So what their plan was to get everyone off, all the games off to Immutable X. And remember that some of you guys will remember that they formed a partnership with immort immutable X and then that was the reason because they they actually couldn't support a lot of transactions and that kind of screwed things up like they spent all their

24:12 money they spent hundreds of millions of dollars on ZK technology that never panned out for them. I don't think they use any ZK technology. Um, you know, they did a rebranding a new token that no one understood. They just screwed themselves up. I without Polygon, it would have been dead or a long time ago. And I'm not even sure Poly I mean Poly Market I'm not even sure Poly Market is really fully on chain to be quite honest.

24:50 I have to look more into it. But if you look at how much volume is on Poly market, I don't think Poly Polygon can handle it. I don't think P can handle it. I think it's just like narrowly using the chain. But we'll have to I'll have to see. Um, but that's the reason why they screwed up because they just had bad technology, spent all their money, and that's that.

25:21 But yeah, they were one of the hottest and plus competition like I mentioned, same thing about Moon River. Now you got a lot of Polygon was really the first one of the first layer twos. Um, it's not really layer two, but it's like a layer three. I don't know it or maybe a one and a half. I I don't know how they they were like EMC compatible. they they were very close to the ETH team and they were faster, but I guess they they still weren't fast enough.

25:51 But now, you know, you have like Arbitum that's really dominating Robin Hood chain, which is on top of arbitrum. You have like Optimism. You have so many L2s that are stealing that have stolen all the volume, let's just say. Um, so that also contributed Did I see Mike Tomlin's Minecraft city he spent 12 years on? Incredible. No, I did not. That must not be trending because on X nor Tik Tok, did that come up?

26:30 So, I'm assuming that's not that crazy. The one thing that I saw in Minecraft was crazy was someone created a computer inside Minecraft and that computer was able to then host Minecraft in like two bit graphics or whatever one bit two bit graphics. So he actually figured out how to like build an actual computer inside Minecraft. I don't even know what that means, but he did it.

27:04 And then he was able to run Minecraft inside Minecraft. Like, that was actually kind of crazy. That's the most impressive thing I've seen in Minecraft. Well, the same holder get rewarded twice. You get rewarded every hour, my man. Every hour. So whatever percentage of the total holdings you have uh I mean let me restate that whatever total holding you have it's calculated as percentage as a whole and then you get rewarded the the transfer fees from that coin like for CWD for example there's a lot of trading volume and

27:53 then we have a 5% transfer tax 80% % at 5% gets distributed to all holders every hour. So there are a lot of people that are just making $10, $20, $40, even like a $100 worth of soul like every hour. It's crazy if you think about that. How do you go about creating AI agents to monetize them on virtuals? What do you what are you asking? How do you go about create AI agents to monetize it?

28:50 I don't know. I never thought about it. Don't you just create AI agents on virtuals? Are you saying how to create them and then make money with them? I don't I don't know. I've never looked into that. Uh Uh, where's the where's the thing I have here? All right, let's see if I get an answer here. This is a tough one. I I don't know. Four stages. Design an agent with a real use case.

30:08 A game agent that plays, trades, or manage assets. Social media. Community agent. Research agent or agent that can negotiate and transact with other agents. Define its personality, permissions, tools, wallets. Okay, so number one, you design agent with a real use case. Then build and deploy it. Use the virtual builder and developer stack. You typically need a supported wallet agent profile.

30:37 Okay, see that this is like it sounds very complicated. Now, I haven't used it, so I don't know. But if I was building this, and I may after reading this, uh, I would just have it like oneclick setups. Like any of you guys have launched on Clashpad knows how easy it is. Like four clicks with just a little typing of name and symbol and stuff, you're done.

31:01 So, this already sounds very complicated. Um, tokenize the agent if appropriate. can support a agent token representing community participation on co-ownership. Okay. And you could select uh base or salana and then create a actual revenue loop possible monetization. This is where this is where uh Zen Zenorg asked how they monetize. charge per task or offer subscriptions or take a fee when the agent facilitates or when you have agent agent payments token related revenue uh licensing integration man this is just this is

31:56 uh really complicated you're forcing someone to kind of do all this stuff and figure it out You gota just make it really simple like based on what you want the agent to do. This is how you go monetize it. Here are the options and deploy. Boom. Like that. You know, I'm going to have to look more into this because I I don't know. Maybe this is sound this is making it sound more comp complex than it is.

32:24 But if it really is this complex, then there's an opportunity there. that I should create I should create like a agent deployer basically um and allow anyone to create agents to do stuff right but like right now you have so many of these kind of things I mean they don't help you make money though but like you know Chad just came out with dots I haven't used it um you know metam muse is out gro bot is out these are like personal AI agents that are there that could do anything.

32:57 But the thing is they don't really help you make money, right? So maybe this is a different different angle, different play. Will AA play a role in the CDW game? She's been quiet lately. I don't know. Maybe I want to integrate AI. I don't know how to do it exactly. I haven't gone that far. I turn off in Discord because no one was interacting with her, so there's no point.

33:30 Um, but I do want to integrate AI. I just don't know how to do it. How to do it effectively, I guess. What do you think about Ecomi and Vivv NFT collectibles? There was a major correction, but they're still working on a project headed to NASDAQ by the end of the year. They are not headed to NASDAQ. I'll guarantee you that. Okay, I I don't know what what you heard, but they are not going to be listed on NASDAQ.

34:33 You could tell how well they're doing just by seeing how well NFT market is. Is the NFT market hot? Is it like blooming like back in 2021? The answer is no. So, and they they had all this problems. They wouldn't let people back in the day cash out, you know, whether and they they claimed I liked them before because they had all these licensing. They claimed they had like Disney license.

35:01 And so they were able to do Marvel and Spider-Man and all these stuff, but they weren't exclusive. They were they were licensed out to other people, too. Supposedly, they had NFL, but you know, there was NFL NFTTS elsewhere. So, yeah, I don't I don't think they're going to be successful. I forgot what it call me. 70 70 70 million market cap. I think they were over a billion before.

35:51 This is going to come up. It's one of those I don't really follow. Well, I hope I hope they can come back. I hope they could do well, but the NFT market just completely changed. Now, when is the next frontline tournament? It should be tomorrow. I don't know if Lim has been posting about it, but it's every Friday. Tomorrow we got a jobs report. That'll be interesting.

37:15 See, if you offer NFT, it has to be like there has to be utility built into it, right? You can't just offer NFT saying this is a collectible. It's just not it's not going to work. You need to offer some utility. So, people that bought Clash NFTTS, they're getting utility now in a couple different ways. And there's always more that I'm thinking about, but one is you get a Clash score first of all.

37:49 You get a base score from the NFT, which is huge. And then you also get daily score from holding that NFT, right? And class score is important for future things like airdrops. So, I build that in there. Also, you get more PClash for Clash Pics or for up voting on Clashpad. That's also built in. So, it's like foreverness. There's going to be real value there.

38:21 But for a lot of these other projects, they just, you know, they they didn't think that far and they just gave up on it and they're not trying to build more utility. You can always build more utility. Even the ones that deployed, you can figure out how to build more utility, but most people don't get that far. They just move on to something else. So yeah, like back in the day, it was it was the rage to have a board ape or a crypto punk.

38:55 I don't hear anyone talk about those anymore. It's not cool. It's not cool to say, "Oh, I have 10 board apes." No one cares. Lay man, if you're going to have a tournament, you need to do it at the beginning of the week, not the end of the week. You should be posting it right after the tournament. You should be posting it like right afterwards or at the start of the week.

40:51 got a couple games going on. Steelers versus Browns, Jaguars, Bengals, and I just don't follow football anymore. I don't I don't follow any sports, honestly. All I do is just code with AI all day, every day. It's kind of sad, but that's that's like my whole life right now. Um, and I enjoy it. I don't watch TV. I don't even go on my phone that much. I should I should slow it down for my mental and physical health to be honest.

41:54 What text stack did I use to build Clashpad? Pretty much is Python and then it's it's the easiest to program with. Well, Clash and CW did get guest sex listings. Why does that matter? If Clash was listed on Coinbase tomorrow or today, it would not help it at all. I think most people get confused on the fact that a sex listing doesn't do anything. Volume and momentum is what matters.

42:33 hype didn't get listed on any exchange and it was still like a 10 billion plus sex listings mean nothing. If anything, if you get listed in a bad time, it helps people sell off. So, I never quite understood why people kept pushing for that. If it gets hot enough, it will get listed automatically. No questions asked. That's how it's done. That's what Coinbase has done.

43:04 When Hype was very popular, they tried to list Hype. Hype gave him the cold shoulder, you know. So, yeah, don't rush and don't keep asking about it. Uh, I don't know about these Max Cins that you couldn't get to other places. You could just move it to your wallet if they delist or something. As long as they let you withdraw, you just move it to your wallet.

44:05 Once a coin gets created at Clash, how long does it take to appear on a dashboard under new? Almost instantly. But we have so many now we have to filter it. So basically see someone created October 7 hours ago. Like basically anything created should get put on here right away. But the key is you gota you gotta get people to go into them, right? Look into them.

44:36 Like I I would not mind, okay, as a segment like during my live streams to cover some of the new coins, but right now to be honest, no one's really building anything with them, right? They're just kind of having fun, creating memecoin, whatever. I could say, well, look at October here. It sounds awesome. It's the best coin ever, but there's like no utility at all built with them, right?

45:00 So, right now, I think two two of our issues, not really issue. But two things that are holding Clashpad back is one, everyone launching has no plan for it. They're just doing it for fun, which is fine, but if we had people that are actually launching and building something terrific with it, I I would love to highlight it more and get them more attention.

45:20 And two, we need other like influencers to also create their coins so that they can get their audience in, right? So if you guys follow or other people that you know of that you're close with, right, that has audience, you get them to launch, they get their audience in, that's how we get more volume, right? Those are two things that would help us tremendously.

45:47 I mean, some of these are unique, but you know, for me to cover it, it's not really go like get everyone to jump in, right? That's kind of the reason why I built DJ pot. And sometimes it's big, sometimes it's not. Like I changed it to 12 hours now. There's one that's, you know, ending in 43 minutes. Kind of helps with this, but not completely. It it does take a lot of liquidity for something to go up sign significantly.

46:24 One thing for sure is this flywheel effect, right? It's happening and I think most people don't realize it. We take the portion of fees that we collect and we buy Clash with half of it. Half of it goes in treasury is sold. Half of it goes to Clash buying. Within two weeks, not even two weeks, we're almost up to two million clash bought. So all the people that are not paying attention, they're still trying to trade it.

46:51 They're still trying to sell it. It's going to be a mistake because more and more the the circulating allocation that's going to be taken in by the Treasury. If we had this running for a year like Clash Pickics, we probably take in 60 70 million of Clash, right? That that's a lot. That's at our current volume. So that's like six 7% at our current rate, which is still low, but if we pick up momentum, we could be buying a million Clash per day with the revenue.

47:28 And then you're going to really see that flywheel effect kick in. And I don't think people realize that yet. Too many people are still trying to trade thinking that yeah, it's going to do stuff. But actually, I don't mind, you know, right now. But this is why CWD pays out so well. why we have paid out 534 soul because there are still people that are trading it but every time they trade we collect those fees and we distribute it right and I love to do that for clash in the future so this reward sharing really works

48:11 rewards people for holding 700 soul in like 12 days is no joke that's like almost $80,000 in less in two weeks. Think about it. That's like 40,000 30,000 give it out per week and we're we're not even in week finished with week two yet. It's kind of crazy. Kind of crazy if you think about it. Anyways, that is all my friends. I'll see you guys later. Have a good one.

48:50 We are in the start of October. We're not seeing it right now, but we just had one of our craziest quarters ever, and I think there's more of it coming. Q4 could be just as good as Q3. Smash a like, subscribe to the channel. Have a good one, guys. Take care.