BITCOIN: VERY IMPORTANT!!!! 🚨🚨🚨 Transcript, AI Summary & Key Points

00:00 episode and as you can see right now we do have Bitcoin at around 64. We have very very nice support here at the 200E moving average. We are holding it quite strongly. This is while the AI stocks are collapsing left and right. SanDisk now falling even lower. This is the power of the bare trend. As soon as you have bare trend, you're out. You protect your capital.

00:22 You protect the gains. You don't marry a narrative. Just because AI stocks were the industry that returned us the most during the last 6 to 8 months does not mean that we need to love it in some special way. Trade it. Don't date it. Don't date it. Many people they're dating this AI. Oh, they're losing so much. They're losing so much. As soon as it's bare, we're out.

00:46 Look here. Astera. So many people love Astera during the last months. They keep dating it. Keep dating it. We have dumped the crap out of it already here when it turned bare. We're out. Intel. Intel. We're out. We're already out. You know, Micron, Micron, bear trend since mid July. Very important. Many people they still hope. They still pray. Marvel.

01:08 Marvel. We're out since end of June. Many people they pray, they hope, they date, they date, they date, they what are they doing? they are roundtpping the gain just like the crypto pleber round trips all the gain the same thing now is with the AI plebber I mean it's quite insane that AI pleber really is quite similar to the crypto plebber I see people on Twitter posting their portfolios they're losing so much they're losing so much there was one guy that posted he had $30 million one month ago now he has three so it's

01:45 it's a lot guys it's a lot of losses a a lot of losses and all of this is because people don't respect the simple simple notion of being humble. They're not humble. Some people say that I'm not humble. I'm actually the most humble because whenever we see the trend change, we ignore our own opinion. We ignore our own wisdom. Whatever you have about you think you're wise, you think you know market, you don't know anything, you don't know anything.

02:06 So we we know that we know that we know and we're humble. We're saying let's just follow the trend. Let's follow the trend that don't don't worry about the fundamental pump. Follow the trend. That's it. That's it. That's it. Another thing that uh you have to do if you are wrecked pleb is that you have to count the red candles and then you got to say, "Oh, now we had five red candles.

02:27 Next one must be green." Let me know guys if you had that kind of situation where your asset has been bleeding a lot and you're like, "Man, now it was three red. Now it's got to be one green. It's crazy. It's crazy. You know this. Now people are saying Sana had 10 10 months straight of selling. And I see it all the time. People are saying, "Oh, now it was five red, so next one has got to be green."

02:57 No, no. They look Sana just had 10 10 red 10 red. It can go way lower. Why are you trying to be as smart as here? You're trying to be as smart as you tell the market, oh, now it was three red, now it's going to be one. Why? Why? Why? It's because of your brilliance, your wisdom. You use your brain to calculate this result. Okay? It can go way lower.

03:16 Way lower. Way lower. Way lower. Respect the damn trend. Admit you are a pleb. You The only way you're going to get money in the market, guys, is when you admit you are a pleb. You need to admit you're a big fat pleb. So that you stop trying to predict. You just observe the market. You become a humble observer of the market. But the my point here is by the way all of these AI stocks are collapsing collapsing collapsing coll everything's collapsing everything's collapsing but Bitcoin is still at around 64 63 65 holding

03:44 the 200 week moving average in a very nice beautiful way in a fantastic way so there is a bit of relative strength here now guys I don't want to be mega bullish either because it's a bare trend it's just you know lower lower highs we don't see any breaking structure but bitcoin is cheap I can tell bitcoin is cheap that's why we are dinging here. No matter what we're dcing and as you know today we're going to have the FOMC likely they're going to hold rate or maybe they're going to cut it.

04:12 I mean I'm just thinking man Kevin Worsh Kevin Worsh Trump put Kevin Worsh in. He did not like Powell. He put in a new guy Kevin Worsh. So yeah he should cut sooner or later he should cut. Trump put him in. Let's see. It wouldn't surprise me if he actually cuts, guys. Although it's very unlikely when you look at the prediction markets. No one is saying that he's going to cut.

04:35 Everyone is is betting that he's just going to hold the rate. But there is something I mean there is something that makes me think that maybe potentially they will cut. There is something that tells me now it is very unlikely. It's very unlikely but uh it wouldn't surprise me. You understand? It's unlikely but it wouldn't surprise me. What's a good analogy there where you know something that is unlikely to happen but if it happens you're like yeah I kind of knew it but if it doesn't happen you're also okay because uh

05:00 yeah because it's unlikely. You understand? That's the situation. That's the situation. Let's see, guys. Let's see. It's going to be later later today. Look here. Oil is dumping. Very good. Rate is going to be cut later this year. They got to be cut. Especially if oil is dumping. It's very, very good. So, keep an eye on oil. Look here. Bitcoin will start pumping in Q4.

05:18 It's cheap, cheap, cheap. I keep yelling it all the time. And a stocks are falling, but Bitcoin is holding on. Let's see how long we can hold on, guys. Let's see how long. I mean, we're still by a trend. So if if we go to 50, buy by by buy by by massive massive buy. Now guys, uh looking at the clarity act, there's a lot of coverage coming out. People are saying that they're going to vote before uh August recess.

05:41 This guy is saying that. Then another guy is saying that they not going to vote before the August recess. There there are there are conflicting conflicting takes. A founder Stani is saying that Claris act would be a big TAM expansion for crypto because uh banks and everyone else cased everyone will use crypto and onchain. TAM is totable addressable market.

06:06 For all of you a bit uneducated playby, you don't know startup, you don't know business, you don't know what time is. I'm here to explain. It's fine. By the way, it's fine. I mean, we're all uneducated at some point. I'm here to educate you. I'm here to enlighten you. Tom means total addressable market. So, uh, yeah, correct. If we have clarity act, total addressable market is going to be massive.

06:27 All institutions, all the bankers. Let's see. Now as you know bull market is going to be here despite clarity and no clarity but as a business person I think it's good that in the US you're going to have good business environment for crypto and you want to build a startup you want to build anything the US is going to be the go-to place that's fantastic fantastic look here attorney general Leatita James has come out against the clarity act I mean this lady she's not on our team to to say lightly she's always attacking

06:55 some crypto company it and she says it would restrict state law enforcement's ability to fight crypto scams. Okay. Okay. Okay. Yeah. Maybe maybe maybe yes, maybe not. Look here. Chair SEC chair Paul Atkins says SEC is ready, willing, and able to write crypto rules even if Congress doesn't pass the Clarity Act. Yeah, but it's not the same. You see, if the SEC does some kind of rules or whatever, it's not the same because clarity is in law.

07:23 It's hard to change this, you know, rules here, rules there. New SEC comes, they reverse the rule. This woman, who is she? She is president at Sana Institute. She's saying what? We are closer to guessing clarity acts across finish line than we've ever been. Our industry is showing up. People on the hill, letters being sent, senators hearing from constituents.

07:41 Keep it up. So yeah. Um that's good. Let's let's see actually what she has in detail. In crypto, we talk a lot about scarcity. Congress has its own scarcity. There are only so many legislative day in a year and a standalone bill burns through a lot of them. Um yeah, that's true. So basically not too many days. It's like Bitcoin. It scares their days.

08:00 The bill is 600 plus pages and it's 99% agreed to. Thousands of hours. Yes. Yes. Yes. Very very good. Uh I care about the calendar because I know what the alternative looks like. I worked on in I worked on this in DC for almost 10 years. I saw the damage FTX cause. I mean yeah listen FTX man Sam Bankman. He was he coed up to all of these boomer ladies.

08:24 You you remember that? I don't know what she was called but what was it? Waters waters this lady uh from uh yeah from Congress where she is she even you know she she's like this to him you know bye-bye when she when he was there she was she was doing do you guys remember that do you guys remember that so he cozied up Sam Bankman Freed cozied up to all of these Senate boomer ladies they thought he's genius and then he just rugpulled everyone Maxine Maxine Waters.

08:58 Exactly. Exactly. See, Dub Dab knows. Dub knows. So, FTX left a roughly 8 billion hole. Yes. Clar Act made sure that the next FTX won't happen in the US. Segregation of customer funds. Yada yada yada. So, yeah, let's see if it's going to happen. Now, the normie TV guys, the normie TV, they don't like they don't like this clarity act. Uh where's this normie guy?

09:21 You know, all of this, you know, mid mid-curve brains. uh they love this kind of you know late night TV show midcurve brain you know yeah let's see what he says >> if the clarity act passes the changes could be hard to >> actually I don't want to play it in terms of in case there's some copyright issue but anyway he doesn't like it he doesn't like that it's uh it's hard to reverse he said also that nothing in the latest draft of the clar act would prevent Mr.

09:48 Trump from continuing to profit from crypto and yada yada yada. So to the normies, this guy is working a bit against us. He's working a bit against us. He's not working for us, which doesn't surprise me. I mean, it's is this kind of stuff that, you know, the normie the the the normie watchers who is uh yeah, crypto is he thinks crypto is a scam. Like everything that's not 9 to5 is a scam.

10:10 Um you know, trying to learn business is a scam. Trying to learn trading. I don't know. Maybe I'm is it prejudice or it is like that guys? I mean, listen, I I I'm I'm not in the US, so I don't even know who is watching it. But that that's that's my prejudice. That's my that's that's who I imagine watching this, you know, late night show. Okay. Late night show like this.

10:33 Who basically Yeah. The normest normie, the NPCest NPC. Go 9 to5. Oh, you try to do your own guys. Fugazi. Fugazi. Fugazi. Just stay in the lane. Stay in the lane. Maybe it's not like that. Let me know guys. Anyway, big shout out to everyone if you're normie. Big shout out. Most people are norm. It's okay. You're big welcome. Big welcome. We're non-political.

10:52 You're woke. You're welcome. You're not woke. Very, very welcome. Everyone's welcome. Look here. Big bank lobby from Sunia Lumis. Big bank lobby is trying to say that all of Wall Street is opposed to the Clarity Act. That's completely false. Supporting Black Rockck, Goldman, Fidelity, Franken Delbertton, Sofi. So, I'm very interested. What kind of big bank lobby is she talking about?

11:17 Let me actually ask Grog because who is left? I mean if all of these guy are supporting, all of these guys are supporting who is left? Which big bank lobby is opposing? She just named the biggest institutions. I guess like JP Morgan is left or something. Let's see. Let's see what Grock says. In the meanwhile, big big welcome everyone. Smash up the like if you haven't yet.

11:46 Subscribe to the channel if you haven't yet. Be sure to dab for time stamping us today. Uh Bullmania currently closed for new members. We have the wait list, but currently we're at capacity. And uh more spots are going to be opening up uh later in August. Uh but uh now if we need to look here, look here. The big bank refers to U major US banking trade associations.

12:07 Okay. American banker. Okay. These organizations have issued joint statements, sent thousands of letters. Okay. Okay. Okay. Among large individual banks, JP Morgan Chase, man. Jamie Diamond, he doesn't like crypto. He never like crypto. Diamond was publicly has public said the industry will fight provisions that effectively allow interest like payments.

12:28 Oh yeah. He doesn't like that you can get yield on your stable coin. He wants he wants you to use JP Morgan. And it's weird. I mean, it's okay. Let me use it. Oh, you cannot use it. The KYC disapproved because you're in crypto, man. Let me use. Oh, no. You cannot use it. Account closed. Man, do you what to do? Either allow everyone to get the JP Morgan Chase account each and every every play one account or GTFO of the way.

13:02 you know LIKE GTFO EITHER allow everyone you know these big bankers you know their head is in their donut so deep you either allow every but no there are so many rules they have so much regulation so much even if you're legit they still will not allow you if they don't like what you do your fully legal crypto crypto trading crypto business they still don't allow you and now okay and now you cannot have yield here okay so let let everyone open them let everyone open account we're going to go to JP JP Morgan, we're going

13:32 to we're going to put our money there. What do you want, man? What do you want? Not this, not that. Okay. GTFO, man. GTFO. GTFO. I I mean, that's my only message to everyone who is opposing now. I love Larry Frink. Larry Frink. He looks like Jesse Pollock's uh mother. You guys remember we watched Jesse Pollock. We were stalking him. He put a picture of his mother.

13:59 It was Larry Fing. Basically, it was Larry Think. But Lar, I'm surprised. I'm surprised. I mean, Black Rockck is so like pro crypto. I'm amazed. I'm amazed. So, Black Rockck, Fidelity, I mean, these guys is it's fantastic because they don't have any weird interest. I mean, they have interest that people trade. So, they love it. There's other ones that want you to earn yield in their bank account.

14:21 Very bad. Very, very bad. So, uh, moving on. We have a lot, guys. Yeah, we have a lot. Uh, now Tom Lee is bullish yet again. Let's see what Tom Lee is saying. Uh now, by the way, we we're kind of agreeing with Tom Lee more more and more now because we were bare in the bare market and now we're becoming more bullish and he's always been retardio bull.

14:39 So yeah. Uh so now we're kind of on the same page soon. Let's see. >> The Fed could be hawkish so crypto should be down. Um oil prices are high. Crypto should be down. And of course AI trade is still healthy but crypto is actually rising. I think that it is a sign of a couple things happening. One is that I think the crypto market probably has bottomed.

15:00 The price ratio of Ethereum to Bitcoin has been going up even though the Clarity Act looks like it's really being stalled. The Fed could be hawkish. So, crypto should be down. Uh, >> what else did he say? I I expect I expected him to say that we're going to go to 200k ETH. What he said, he he didn't say anything. Basically, Fed should be hoggish. Bitcoin should what I from Tom Lee.

15:27 The only thing I expect from Tom Lee is ETH to 60K to next day. No, ETH to 200K. Whatever he said here, I don't know. He lost his plot. He lost his script or something. Uh but if let's see, can we get to 10K the cycle? Possible, possible, possible, possible. Now uh guys um uh R Paul has a new post where yeah he said basically yet again that uh liquidity global liquidity yada yada it's interesting to see more and more people start to question a bit.

15:58 They're like man wait. So number one okay global liquidity is good but also we had great financial uh crisis. Uh we had bubble like people lost their life they lost their house they lost their everything. Meanwhile, global liquidity has been going up. Okay, we had minus 80% minus 100% in stocks in some stocks. Just during the last 8 months, many old coins including Suie, the darling, the darling Sooie went down how much?

16:25 80%, 90% down a lot. Down a lot. So, yeah, global liquidity is going up through time and assets are also on a big fat time horizon. Go up, but not all assets. That's thing. Not your shitcoin is not guaranteed to go up. Okay. S&P goes up through time. Yes. But yeah, he's yet again like posting here another big article big big article why you know you follow the the global liquidity.

16:51 So yeah people are starting to question a bit this guy RP Madison Rob I have been a hard weather fan of yours for so long. By the way I love Paul. Again you know when we are critiquing others market takes it's not personal. It's not personal. I mean I love Paul as a person. I love everyone. As a person, I love everyone. We can have a coffee together anytime.

17:11 But uh we need to address address the the ine how say the incorrectness in the analysis. Okay, that I have to address. But personally, Kumbaya kumbaya everyone even the the DJ. So I have been a hard weather fan even though DJ attacked my personality and even though DJ also attacked personality of Ben Cowan, we're still Kumbaya. I mean, we are above, you understand?

17:38 We're above. We are um enlightened. We're educated. We're ethical. So, we're above that. We're above that. Anyway, look here. Roll. Roll. Roll this guy. So, back to roll. Back to banana zone. Exactly. Where is banana zone? I don't know where banana banana split maybe. Maybe some banana somewhere. So, roll. I have been a hard weather fan of yours for so long and never criticize anything you said about ETH or banana zone or whatever.

18:06 I even bought the t-shirt, man. Which t-shirt, guys? Which which t-shirt? T-shirt twice and the thousand bottle of Bison wine from club, man. This guy, he's buying everything which you promoted on your show in early, man. He's buying t-shirt and wine, guys. We don't even have that. We could have monetized more here with a t-shirt, with the $1,000. Wow.

18:32 Wow. Uh, which I NEVER RECEIVED. NO WAY. NO WAY. THE WINE NEVER CAME. Why scam me for 1K on top of everything? But after 6 years following everything you said, I'm worse off financially than I would have bought a shitty money market fund. That's true. That's true. That's true. I mean S&P doubles every 10 years. Another data point. I know that you can't guarantee the future outcome, but your guidance with the everything code has been pure [ __ ] I'm sorry to say, but but I'm sure that I'm not the first one to say that.

19:08 I don't know how many of those could uh Yeah. Anyway, what the [ __ ] do charts mean when I've stayed the path for you? Six years, man. Six years. Six years. Yeah. Yeah. Yeah. Yeah. Yeah. Anyway, guys, I mean, see, again, big shout out to everyone. Kumbaya, big big fat Kumbaya. We're not attacking anyone's personality, but I mean sometimes, you know, it's like u I mean, what's happening?

19:33 What's happening? Banana zone. Which banana zone? Which banana zone? Instead, I I like this uh comment. I don't know who this comment. Do we have MG? MJN in the chat. MGN in the chat. This is what I work for. I can't tell you here where you know here's he bought wine. He's not even get the wine. I have vice versa. I have vice versa. The guy MJ John, he just wrote to me on Instagram.

20:00 By the way, guys, follow Instagram. I I'm trying to do more content there. I have a bit vice versa. This guy said, "I bought the book. I just bought to support you. Whether it's [ __ ] or not, I don't care. The book is very good. The book is very good. But this what I like, you know, buying not because, you know, not because even expecting anything, but because the amount of money you've helped me make, I just follow what you say in the videos and make have been killing since 2017.

20:26 Big shout out to MJ. Big shout out to MJ. Now guys, uh, speaking about Instagram, go there. I'm running Q&A there right now. You can ask anything on Instagram. Uh, there is a a Q&A story. There is a Q&A story and I'm I'm doing Q&A now. So, go follow it. It's a bit of a new initiative of mine to grow Instagram. Why? Because Instagram is powerful guys.

20:47 And for us to reach the masses, we need Instagram. People they watch story every day. They watch. So the the attention is there. If we can start getting crypto there very good. So it's Ian on Tech or scan it. So I'm on a mission guys and we're here on a mission to bring the plebber brain which Instagram has captured. Like they have done such a great job.

21:08 They have captured the plebber brain and now we need to redirect it to the correct correct direction in correct incorrect direction. So yeah that's that. Uh now guys moving on now big big again big shout out to everyone uh to R Paul he's a great guy but obviously even though global liquidity is going up you have crashes along the way so you're down 89% shitcoins go down most of them don't come back even you know global liquidity continues your shitcoin may never come back.

21:36 Look at how many shitcoins never came back in the last uh uh bull in the last bare market. Um most shitcoins don't come back because there's infinite amount of shitcoins. So by definition each and every bull market cannot pump each and every shitcoin from all previous bull markets. You understand? It's impossible. It's impossible. Moving on. Big uh move for adoption.

21:53 Big move for adoption. And by the way, bananas on it depends how you see it. You can see banana, you know, banana can go like this up. How you say it? How you see it? You know, I don't know which way you see it. Anyway, it can go, you know, up, but it also can go down. You can go banana, but down, you know, like a slide. You can slide down banana. So, you know, some maybe that's what what is bananas on zone.

22:15 We had bananas on. Yeah, guys, look here. Big big big adoption. Uh UAE's largest airline, Emirates. Probably the best airline in the world. I mean, Emirates was so nice, man. Especially after this European crap airline. Oh, man. It's I listen I'm not even sponsored. I'm not even sponsored but you know sometimes it's important to mention how things should be done.

22:35 You know if you want nice flight oh my god am it's and everyone is praising them because it's not because they do anything magic. It's just it's just what it should be man. It's just what it should be. It's not it's not that they do anything magic. It's just that the this Europore airline Oh very bad. And by the way in the US it's even worse. Okay. It's it's it's not only Europe like us.

22:59 I don't know what words is like the airlines the airlines u the you know the main I have no words basically they they are so bad it's so crap it's crazy. So it's not like they do anything magic at Emirates. It's just nice. It's just nice. It's nice perfume. You know, they they you come you come in, it smells nice. They're perfume or what? What they do?

23:21 You know, Arabs, they they love perfume. You got to have good perfume. You come in there, it's nice. Yeah. Nice. Do you want, sir? You want drink? Yes, I want drink. Yes. Refreshments? Yes. You want a towel? Hot or cold towel? Yes. I want cold towel. Yes. Fantastic. Fantastic. And you know this European ones they kind of try to do same. I mean sometimes they also bring you t but I don't know what it is guys.

23:47 It's so hard to say. So hard to say. Yeah. Okay. Moving on. But now they accept Bitcoin. Like the news was that they accept Bitcoin. Did I say that? They now accept crypto. So you can pay without cashing out into fiat. You can pay for the best flights in the world. Not sponsored by the way. Not sponsored with crypto. And it's a big thing. Yes. It's a big thing.

24:03 I mean it's Yeah, it's it's a massive thing. So you can take your cryptos, you can go travel. Fantastic. Fantastic. Anom saying we need more depths experiment on chain. Need more novel mechanisms. Need more creative speculation games guys. Go build stuff. Go build stuff. If you are a bit of a developer, go build stuff. We have the infra. We have mo.

24:27 Yeah, that's true. I mean, we have everything in place now. You We don't need another L1. We don't need another L2. Just build app. Build app. Make great great app. Now Anom is getting a bit of an attack. Look here, the bull, the black bull fighter. Ever since Anom launched, I keep hearing the same thesis from every character of the uh bell curve. Anom will not let this die.

24:47 Anom will not let it uh flop on X. Uh will not let it top at X. Uh Ansom will not ruin his reputation. yada yada. All incredibly stupid thesis. And Anom coin now is down like 50% or something from the peak. A bit more. What What does Anom lose if token fails? Absolutely nothing. He already won money through what I believe were his airdrop wallets. Yada.

25:09 He's done. He's done. He's done. Ansam replied, "Well, you're wrong on multiple fronts. I'm all in." He's saying, "I'm all in on this." And I have actually never been all in on something in crypto before. Usually, I just trade the market as it comes and don't use any levers external to crypto. Now, guys, this may or may not may not be true. I think Anom is a great guy, but at the end of the day, you never know.

25:33 I mean, sometimes it could just be impossible to pump it. I mean, even for answer, I mean, it could just be impossible to pump it. At the end of the day, you have more sellers than buyers. Even if you're a freaking Jesus, you're not going to pump it. Okay? It's impossible. It's impossible. So, don't go heavy. Don't go heavy. Even if you buy, buy smaller amount.

25:49 If it goes good, big, good. But don't rely on someone's person to to make you rich. It's it's unlikely to happen. It's unlikely to happen. And if it happens, good, good. The good part of your portfolio can then grow. But that good part can also go to zero. Just so you know. Just so you know. Now I I I'm excited for I think he has a good good shot here.

26:11 I think he has a good shot because you have the uh the momentum. You have the if you are number one you are most attention. So bull market comes there's more and more attention. So this cycle I have 10x the network and influence that I did last cycle and will be using all of the levers I have to make this successful as possible. I haven't already won.

26:32 If that was the case, I would have logged out in 2015. I'm still here because I generally believe I can impact this place for the better. Uh yeah, maybe guys, maybe. Listen, uh potentially, potentially. Yeah, maybe. Maybe. I I just have a hard time, you know, it's like this uh hexagon wreck wrecked plebs. They're saying, "Oh no, their Messiah is going to do it for the glory, man.

26:55 Messiah does not care. Messiah is on Interpol. Messiah is hiding. He's hiding. where he where he's going to go which glory I mean for him just to get on airplane is a bit of glory so he avoids interpol okay it's a big win already so to speak so this thing I can impact the place a better place of maybe potentially I I don't know guys I'm not I'm not betting the the form on this okay that someone is going to do something to make us a better place really you're that generous you're going to make us a better place I mean

27:26 really you're going to make us a better it's like Sam Pac-Man freed with the altruism I'm I'm ultra alistic. I'm altruistic. Uh effective altru what he said for the shibilas. Shibles. So guys, listen. Uh it could be true. It could be true. But again, I'm not betting. I'm never maybe I'm cynical, guys. I mean, I'm I'm I'm quite cynical actually, but it helps me to I'm also never disappointed by people.

27:52 I'm I'm cynical and I'm never disappointed. For example, you have a business partner. He could f you. But I'm cynical enough to never allow that to even be a possibility. For example, you don't if you don't need the co-owners in your business, don't have them. Just do agreement with your business partner. He has his company, you have yours, you do business.

28:12 Even if it's the best person, Mother Teresa, even with Mother Teresa, I would not allow ownership. Let's do contract because you have ownership. They could f you. I mean, it could become difficult. Could become. who life changes maybe today his mother Teresa tomorrow he has a you know a different situation maybe something happen I mean who don't knows so I'm never surprised when someone is doing something bad I'm never surprised I'm um I'm never like hurt some people they become so at hurt be at hurt when something bad

28:48 you know someone betrays them I'm I'm never you know it's uh I expect the worst I prepare for the worse and then I'm surprised if things are You know, that's the key to happiness. People say, "Ivan, by the way, lately people have been saying, Ivan, you have great skin." That's Thank you very much, guys. Thank you very much. So, uh, maybe it's because I don't have cortisol, you know.

29:07 I don't have cortisol. I don't have cortisol. I'm never I am not stressed. I'm not stressed. If people surprise me, man, actually good person. Fantastic. Good. I I become happy. I become happy. If not, uh, okay, good. The human nature. Yeah. Yeah. No, I'm not surprised. Good. Good. Perfect. So it's the same here guys. Maybe he really wants to make place a better place.

29:29 Maybe good man. Fantastic. I I'm all for it. Are we trusting our monies with this uh to this? Not to a big extent. I again guys I find answer very fascinating. This whole experiment very fascinating but you understand I want to teach you a bit psychology. I want to teach you a bit psychology. I want to I want to teach you here that don't don't trust too much.

29:51 Okay. Don't trust too much. People trust disappoint. They get disappointed. Why being disappointed? You know, it's like seeing you your young cousin get heartbroken. Why you heartbroken? Why you heartbroken? Don't be heartbroken. Expect human nature. Human nature can be that the guy, for example, I don't know answer, but even if he's rich, like this guy says, even if he's rich, okay, he's rich today, tomorrow he lost everything in gambling.

30:21 He's rich today, tomorrow he has addiction. You understand? So I never believe this. You know, he already won. He already Okay, he already won. Maybe not. You know, people say, "Oh, but this guy, he's good. He doesn't need money, so he's going to make me rich for free." I don't know, man. I don't know, man. The guy, I mean, this particular guy, I know some people still still talk about the particular messiah.

30:40 He's running from Interpol. I mean, he needs the money. He needs the money. He needs the money. He needs the crypto. Oh, no. He's already rich. Get out of here. Maybe he was rich. Maybe some points, you know, look at Floyd Mayweather. He was rich, now he poor. Uh, look at how many people were rich, now they're not rich. So, never, that's another thing I want to teach you guys.

31:03 Never trust this thing where people say, "Oh, no, but he's already rich. He's already rich. He doesn't need more money." How do you know? You don't know. So, anyway, what's the point here is there are some lessons here, some philosophical lessons. uh but uh practically what's happening here uh but outside of just me there's so anyway anam potentially is going to be pump okay I'm I'm overall I'm bullish on some for the next bull market I'm bullish on some uh but I know many people they're overextending they're

31:30 overextending they put so much money in um and then even if he has best intentions it could just be that more people want to sell than buy and then it's very hard to pump it even if even if you are freaking Mother Teresa so Anam will be most talked about coin on crypto Twitter and then there is legit but why I mean how you know man how you know there there can be something else that is bigger even if you have the the biggest levers maybe some other coin is better because it pumps more be you know it's it's very hard to

32:02 be most talked about on crypto Twitter long term you think things we are we don't even like see we don't even like the same things we want new things okay so anyway let's see guys I I'm bullish I'm bullish but you see you you got to take it with some grain of salt And uh uh it is a bit of flyable here where some projects are trying to get distribution by airdropping to anom holders but it's not a new thing.

32:25 I mean the same happened to paji penguin people air dropped and tried to get paji penguin holders involved in the different projects and still bare market came and it went down. So bare market is a bare market guys it is what it is. Moving on guys moving on moving on. Moving on. Uh so miners what are they doing? They're now doing AI, I guess. Let's see.

32:46 Mara, Mara, many people got also wrecked in Mara. You got to respect the the the Bang. Very important. Okay, let's listen. >> Today, power is is the thing obviously. Um, which is why ourselves and many of our peers have pivoted because you get a lot more money per electron if you're doing it for AI than for Bitcoin mining. So in theory, we could take every single mining site we have today, convert them all to AI, and then just move our Bitcoin mining to this site, and it would still operate profitably.

33:17 I have a fid >> So yeah. Oh, wait, wait. >> Duty to my shareholders. >> Yeah, exactly. Exactly. People like, oh no, this guy will never sell this, will never do that. He has a fiduciary duty to shareholder. If shareholder is getting richer by them doing AI, they're going to do AI. Exactly. Another thing that people they get so they it's oh sailor he's never going to sell he's never going to sell he sells it's another one of these you know you really believe seller is never going to sell and then seller said yeah guys

33:49 I'm not going to ruin the whole company for you guys okay I I have shareholders also okay but he's diluting shareholders but you see it's another one of these examples where people said oh no he's never going to sell he's already he's never going to sell what do you mean Human nature. Human nature. He has shareholder. Of course, if he needs to sell, he's going to sell, guys.

34:09 Human nature. Human nature. You cannot escape it. Don't idolize anyone. It's human nature. Human nature. Okay? Human nature. Human nature. Just look at the trend. The best way. That's why see to remove all of this, you know, personal opinions. Oh, this guy is great. Just look at the damn trend. Is the trend bullish? Good. The trend bearish also good.

34:32 you short. That's it. That's it. That's it. That's it. Guys, moving on. Moving on. Oh, this one was funny. Cardano. Cardano is another one of this messiahs. Um, Cardano, guys. Cardano. Uh, how are you doing here? Charles get mad because he got asked about ETH. Oh, yeah. Listen to it. >> You're lazy. Do some basic [ __ ] research. I'm so tired of talking about Ethereum, >> you know.

35:04 I'm so tired of it. >> Charles, I want to take it back to to the origin story and um forgive me um and indulge me a little bit here because I've never had the chance to ask you in person um the actual story behind what happened with the founding founding of Ethereum, dude. And shame on you for asking it. Do some basic [ __ ] research. It's been 12 years and I've answered the question 400 times in every goddamn interview.

35:28 Imagine my life experience. Every interview, hey, you worked at a place 12 years ago for six months and books have been written about it. Can you go back to that and walk me through step by step everything that happened? You're lazy, >> dude. In any basic research, it is lazy. In any basic research, >> guys, I I don't have double audio. Is is this video that has double audio?

35:49 Man, I love it. If I meet if guys, if I ever meet Charles, the first thing I will ask him is about his time during ETH. How was it during the the six months you were at ETH? But I mean listen guys again I I love Charles. I love Charles. But it's like it would be so fun to just ask him about ETH. It's like you know it's like in school if you get bullied man I mean you you you cannot like be this angry you know you you you need to handle it some somewhere else.

36:25 You cannot be this because then it becomes like fun to ask you about ETH again. I I Let's see guys. Let's see guys. Let's see guys. >> Look at that. And walk me through step by step everything that happened. You're lazy, >> dude. And anything. >> You cannot get angry, man. It's like basic, you know, it's basics. If you don't want to answer, you need to Okay, listen.

36:52 Some people they're not that social. Okay, it's good. I mean I'm not that social either. I like kissing at home also. But you know you need to joke away. You need to There are many ways to handle it. There are many ways to handle it. But when YOU GET ANGRY NO YOU DIDN'T DO RESEARCH. NO THEN YOU MAN I need to ask you again about either research. You know is lazy and any basic research.

37:13 There are hundreds of interviews where I've spent 30 minutes an hour two hours talking about it going back and forth about it. >> 12 years man. 12 years. You want to ask me about the 12 years of how we built Cardano to hundred billion dollar ecosystem? >> No, no, no. I'm specifically interested in the six months during Eve. That that that's the only thing that that's the only interest of computer science or you want to talk about 6 months of my life 12 years ago >> that I've already talked about 200 times.

37:43 >> 300 times. 400 times. Again, if if a traumatic event happens in your life and you're done talking about it, you said what? Man, ETH was so traumatic. It's crazy. But you see, that's the problem with ADA, guys. That's the problem with I love Ada, but no one needs to hear about per what you do there. Tech, not tech. If it's not pumping, no one cares, guys.

38:05 I mean, literally 12 years, no one cares about Cardano. What you have there? Data lose. What you data lose? What you do? What do you do? Volater datal loose. What update you have? What the updates? Did you get data loose? Oh, yeah. Datal looose was some years ago with the staking or something, right? Oh no. Or was it this more cons? I guess I don't even know.

38:23 Data lose. Waltair. No one cares. People care about what happened during that four weeks you were at ETH. Exactly >> what you wanted to say. It's not appropriate. Just keep badgering people after 12 years about the goddamn thing. I'm so tired of talking about Ethereum. >> You know, I'm so tired of it. >> Amazing. Amazing. Amazing. Yeah, it's fantastic.

38:46 It's fantastic. Yeah. Listen, big shout out to Charles. He's great. He's great. He's great. But, uh, it's it's funny, man. I would ask him about it. If he gets on the podcast, that's that's going to be the first question, but I don't think he will. I think he will. Now, listen guys, okay, we're going to we're going to ask about datus maybe also. Or what else he has?

39:06 What what what's other Oh, no. No, guys. I need to ask about the discord because he made six hour trilogy like a like you know it's the length of the series you know like prison break series many season he made six hours describing why they're going to go to discord we need to talk about that so anyway big shout big shout big shout so uh vital introduced diamond IO new cryptography design could make well what what you what you make diamond Come on.

39:40 Random mixing. We still understand little about safe. Okay. Galactic planetary. Oh, just scale the damn L1, guys. That just scale is do L1. Scale L1. That's it. That's it. That's it. This, you know, galactic cryptography. Take it easy, man. Take just scale the L1. Make it fast. Get dabs on L1. Uh, make people build. Yeah. Keep it simple. Keep it simple.

40:05 Oh, guys, guys. This is this is fun. Here is where Yeah guys, New York was happening. Uh so uh a bit of uh communism is happening. I it's going to be great. You and you can profit here guys. You can profit if you are in New York. You can make some profit here. Okay. How can you get some free money? Because mom Danny is giving you a bit of free profit.

40:30 Listen to this. Here's how it will work. Once a month, our five city run grocery stores will set prices for this core set of goods at 30% below typical retail price. >> I mean, I can imagine why it sounds good if you're a retardio play, but you're like, "Oh, it's going to be cheap. It's going to be cheap. It's going to be cheaper." Uh, I I mean, I I understand why it sounds good.

40:54 And to be fair, there are many, you know, honest hardworking people who don't know too much about economics. They hear this. Oh, great, great. 30% cheaper. That's good. That's good. Mom, Danny, good. Good. Good. Okay. What happens, man? What happens? What happens? Many things happen. Number one, number one. They're going to run out. They're going to run out.

41:16 They're going to run out. There's going to be like in Soviet Union, they set price, they run out. Why? Because you buy fast, man. You buy fast. If you don't buy fast, they run out and you have nothing. Why do they run out? How much can you have below 30%? like basically take a loss how much you can have it for how long for how long can you have it there's an infinite amount of goods you can maybe have a budget where you can subsidize it like this but also here's the profit opportunity it's New York right you take your

41:48 uh car you buy everything in his store you go to New Jersey you sell it there 30% higher in Soviet Union this was illegal you you were a dirty speculator you're trying to make a profit here when when they set prices which are [ __ ] your prices and you try to do arbitrage you would be sent to jail I don't know if New York if this is legal guys is it legal can you come in you can buy the whole thing now you see maybe they say tell you okay only one sausage per person okay you get your friends you all get one sausage you

42:25 go you sell in New Jersey you get profit yeah I MEAN WE'VE EVERYONE DONE IT LIKE it's all been done it's been done it's been done this has been done. Last century we everyone tried it. It's been done. It has been done. Okay. Another problem. If you work in a store, if you are a cashier in New York, be careful because this may put you out of business.

42:47 Like you the store that employs you. Look here. Raise taxes, use taxes to undercut businesses. Businesses lay off workers because how can you compete with a state competitor that is cheaper? State can't make profit since undercutting. So either so either uh quality suffers or there is rationing. Yeah. Welcome, welcome. Soviet Union. Where does the money keep coming from?

43:14 More taxes. So less workers, higher tax, worse food. Yeah. Yeah. I love it, guys. I love it. I love it. Influencers are going to sell courses how to buy groceries for a 30% discount and sell them for full price on Tik Tok marketplace. Guys, if you are in New York, I'm very excited how this is going to be because I think many of these uh uneducated pleb, they're going to learn in real time about economics.

43:39 They're going to learn from first principles because it sounds so nice in theory. Let's make food cheap. Let's make it cheap. Man, if it's too cheap, what what's happening? Who's going to produce it? Okay, the next they make make food cheap. The next step is those those holy you know this the holy crap this greedy food producers we try to make cheap uh food for you but the butcher he doesn't want to sell the meat cheap to us.

44:06 So the next step is to make the butcher sell cheap set the price the maximum price he can sell the meat at because for how long can you run the store without then going to the supplier and tell them you got to lower the price. So what does the butcher do? He goes he goes to sleep. He's like, "Man, it's I will be slaving away for what? For this non-market prize."

44:31 And yeah, it's Soviet Union in remake. It's fantastic, man. It's great. It's great. It's great. I love it. I mean, I'm very interested guys in New York. Big shout out. Uh again, if you're communism, big big welcome. We're apolitical. We're apolitical channel, but this is just basic math, you know? It's basic economics, but we're apolitical. Remember, we're apolitical.

44:54 You are a communist. Big welcome. But you know, this doesn't work, man. Yeah. I I want it to work. It would be nice if you can just set uh cheap food. Price is cheap for food. It would be so nice. Would be so nice. Unfortunately, we tried it. It never worked. And you know, price price is good. Price is uh fantastic. Price is the information how some much something should cost.

45:15 So, yeah. Very interesting. I love it. Let's see, guys. Moving on. Moving on. Uh, what is it? Ivan in New York. The new movie. Where is it? What is it based on? Who is in New York? Is it What is it? Evandrago in New York or which one? Who is it in New York? Spider-Man in New York or what is this title? You know, some someone in New York. What is it?

45:42 Home Alone in New York. Okay, moving on. Moving on. Sana is set to increase its uh mainet block compute by 66% in less than 24 hours. There you go. Good. Next. Robin chain is now the fastest EVM chain to 100 million transactions. There you go. Or is it this, you know, Prince with Eddie Murphy in New York? This Nigerian Prince in New York or what was the name of the movie with Eddie Murphy where he's in New York?

46:13 Was it New York or where was it with Eddie Murphy? Maybe maybe it's based on that. Okay, next. Micro Strategy is now on Solana via Sunrise. Very good. You can buy Micro Strategy, you can get diluted on Solana basically. Uh if you when you buy to MSTR, you're going to get diluted. So now you can buy it on Slana, you can get diluted there. Very good. Ironwood is live on Zcash.

46:32 Very good. So yeah, everything is audited. Zcash fully safe, etc., etc. No counterfeit coins. Michael Sailor. People saying coming to America. Coming. The prince of Zamuda. Zamunda. Zamunda. Ivan and the city. Exactly. Guys, I maybe we need to go to New York. Let's see if this works. I mean, I don't know if it's legal, but can we buy 30% cheaper food and we resell it in New Jersey?

47:02 Should we set up an operation? Now, you guys can do it there. Share profit with me. I gave you the idea. Share profit with me. You can make 30. I mean, you know, to make 30% in crypto. It's big um big risk. It's big risk. It's big risk. There you buy from Mamani, you resell instantly in uh New Jersey, it's you keep the profit. I've never seen anything like this since the Soviet Union.

47:25 Now, at the end of the day, they make it so that you go to jail if you do this. You you become a dirty capitalist pig speculator. You go to jail if you do this. Also they they make a they close the border. So you cannot go you cannot go anywhere. You cannot take the goods to the to other countries. Okay. Not that anyone needs but yeah. Uh so Bitcoin has won.

47:52 Now it's time to survive. Oh yeah. The guy wants me to mention the miss. It's I cannot mention for 10 man. I cannot mention. It's too again this shilling for this this euro that euro it's it's it's too little we guys okay okay okay for proper for proper shout out messages I think we need to bring the old chat back where you can send 1k 5k you can send proper amounts this give me $30 what I do with it I can barely buy coffee with it okay now big shout I mean listen I love it I love it but don't expect anything from the

48:22 super chat don't expect anything from the super chat don't expect anything we need the proper transactions here to take place. $10. What do I do with it, man? Well, it's pound. Okay. Pounds. Pounds. Good. Now, now I appreciate I appreciate it. But know that I appreciate it in my heart, but uh there's no action from me. I appreciate it. I send you good vibe, but I'm passive.

48:50 Okay, Matt. Let everyone know in the chat if they keep donating, you know, trying to get some message out, which is shilling. Uh tell explain to them how how we operate here. Explain to them how we operate now in the bull market. Maybe we have to set up the proper chat like we had before. You can they can send your shitcoins. You can send the if it's big enough maybe we'll cover.

49:11 I mean who knows? Who the hell knows? No guarantee though. No guarantee. But to set up proper communication channel with proper market rate. This is not market rate. This is like you know mom Danny. It's like mom Danny trying to undercut the the proper market rate here. Okay, with proper market rate. Okay, very important. Anyway, big shout. Big shout.

49:33 So, Bitcoin has won. Now, it must survive victory. Its greatest threat is not is not an enemy at the gates, but corruption from within. Factions that invent pretexts, rewrite the rules, and seize economic rights until freedom becomes permission and law becomes loot. I think he he addresses the BIP 110. BIP 110 Bitcoin's consensus rules are its constitution.

50:03 They they define property. Is this AI or not AI? Did he tell Claude to write it but remove the Mdash? Mdash is the giveaway. Bitcoin's consensus are its constitution. They define property scarcity, settlement and power. To rewrite them for the convenience of any faction is to attack the economic rights of every participant today and every generation to come.

50:32 Bitcoin can grow 100fold yada yada statism. Okay, here be 110 censor valid fee paying transactions. Others add covenant machinery. Others demand larger blocks different instruments. Same conitional offense. Miners put capital at risk. So yeah, he's very very anti beep 110. Colin, why you copy me? Colin, why you copy me? Quantum is my topic. Colin copies us, guys.

51:03 But it's good. It's good. I like it. I like it. I like it. It's good. He spreads the message. But this is this is this is my thing. Quantum is my thing. Okay. Anyway, big shout out to Colin. But I just want to clarify quantum. We have the dibs on that question. Okay, we're the OG quantum. We're the OG Quantum. Now, Balaji, he's moving to Singapore. You can read his long post here.

51:25 Who is this? Stu Vu Stu Stu Woo of Wall Street Journal. Follow me to Why did Stu Oh, some journalist. Okay. As we spoke, Steu volunteered. Okay. Stu, this journalist asked, Balaji, I understand your point that you're do that that you're doing what many Americans are doing, leaving America because of concerns over safety, the economy, and other factors, but our average reader knows that we've covered this in depth.

51:55 I feel no need to elaborate on this point in our story. If you think Okay. Okay. Okay. Okay. Baj says, "Yes, if we if you are to write an article, I think it's crucially important to elaborate on the fact that the America I love has declined to the point that millions of Americans are forced to seek new countries as reported at his own outlet." Yeah.

52:16 Because it's completely it completely defeats their attempt to shame me for moving to another country. Oh yeah. So he moved to Singapore, Balaja, right? He's in Singapore. Millions of Americans have moved from blue states to red. Millions more are moving abroad to places ranging from can guys no one is moving to Canada. Why move to if you are in the US you want better business you and better like you know US how it was before you don't move to Canada is like EU light EU light and they speak good English okay Canada

52:47 it's uh you don't move to Canada come on to El Salvador to Europe to Asia millionaires are being forced out of New York well I don't know you can get 30% free food and resell it in New Jersey I think it's you can become a millionaire probably while billionaire ers are being pushed out of California and you see maybe it's because you know every communist they they have this uh group of friend they consolidate power and then yeah you you can set up your friends so so they get 30% cheaper they resell maybe that's I mean

53:20 let's see we are we're talking about situations that have become so intolerable that some of the most capable people in the world the founders of big tech yada yada SpaceX had to move from their longestablished homes on short notice under political pressure. Yeah. And now that the billionaires have been forced to choose between expropriitation and immigration, the mere 50 millionaires are being targeted.

53:43 Yeah. What is it 50? If you have 50 million or what? Or what is this 50 millionaire? California. Ah, yeah. Exactly. Exactly. So, exactly. So, if you have 50 million here or what is this? 50. 50. Let's see. So guys, even if you have 50 million in California, you're going to be under attack. Uh he points to is exactly ultra millionaire tax which applies 2% annual tax on wealth.

54:08 Oh guys. Oh yo yo this is very bad. This is very bad. But yeah okay because you know 50 million a normal person could reach that. You have a successful business you could reach that. Uh let's say because think about it how to reach 50 million. Okay you have successful business you can make a few million. Uh maybe you can sell it for a multiple. I mean if your business does make a few million you sell it for a multiple.

54:32 Maybe 5x multiple maybe 10x multiple. Who the hell knows? And then it's a matter of having it in you know S&P NASDAQ it NASDAQ and S&P they on average S&P on average increases 8% per year after inflation. So I mean reaching 50 it's it's within reach for many people. I mean 50 million now is not 50 million in the 90s. Also inflation you know it's 50 million now is like uh 70 million in 2019.

54:56 You understand? So anyway, this is within the reach of serious uh people who even start from zero who start from zero and build something that that's valuable. Okay, I'm not saying it's easy. I mean other otherwise everyone would be would be there but this is within reach for yeah most most people who who not only work hard but also a bit smart and see where the money is and they capture a bit of profit.

55:19 Yeah, 50 million you can reach it. The same phenomenon is visible globally with Russian, Ukrainian, Arabs, Iranians. So what's the point here? Anyway, everyone is going to Singapore. Very nice. Oh, okay. It's very long pause, guys. We cannot read all of this. Kazan. Anyway, but the point is the globe is uh global. What is this? What? Okay. I thought it was that a bit overweight guy making crypto jokes.

55:53 Uh so yeah, guys, that's it. That's it. Let's go to Q&A. Oh, we're at Let's do a quick Q&A. We're at 35 minutes. Time flies, guys. How How can Before we had so much time for Q&A now? There. See, bull market is coming back. Before we had like no news. Now there is so much news, guys. It's crazy. Bull market coming back. Bigly bigly bigly bigly. Anyway, big shout out to Dab.

56:10 Big shout out to Dab uh for times something else. Very, very, very good. Um, go to Instagram. Follow on Instagram. Currently we have we have uh uh bullmania closed but there is wait list below and on Instagram I do Q&A currently you you got to see a bit behind the scenes etc. Check Cosby. Yeah I mean Copy is bare trend. What to check there is bare trend.

56:40 It's it's not news for us. It's bad trend. It's uh you got to stay out. It was bad trend already here. I could have told you already in July. Beginning of July, it was already to get out of Korea, but no. No. Let's uh Yeah. I mean, you see it's it's bare trend, man. It's B trend. It's B trend. I mean, for most it's just now they're waking up that, holy [ __ ] Korea down.

57:07 I knew we knew already here. It's B chan. You stay out when it's Bren. Yes. You're careful. You're careful. You're careful. B Chan is Ban. Yes. Cosby is Ban. Yeah, I know. I know. I know. I know. Very important. Very important. Some guys say, "You've been promoting." We never promote anything. When we speak about shitcoins, it's shitcoins. We trade in the bull market.

57:32 In the bare market, we don't trade them. You got to get your vocabulary right. You know, you've been pro. We don't promote anything. We don't promote anything. It's everything that's a shitcoin is a shitcoin. can go to zero. Don't come back crying. Don't say, "Oh, you if you promote it." Listen, we speak about shitcoin. It goes to zero. Your fault. If you bought it, your fault.

57:55 Not my fault. In bare market, we have no shitcoin. We have no altcoin. In bare market, in bull market, we speak about many shitcoins. They pump and then they dump. Many projects in bull market have plans and they go to zero. So we either do that and everyone is responsible and never cries to me and oh you promote. No no no either we do that or we just speak about Bitcoin or we just speak about Bitcoin but I know you guys want Shitcoin.

58:26 If we just speak about Bitcoin it's going to be too boring. There's no you know Bitcoin is not going to make you rich. Maybe it doubles maybe it goes to 200. It's not going to make you rich. Do you understand? You understand? So there is demand for shitcoin content. There is demand for this get-rich opportunities which happen which are high risk in bulmania which is stop loss always stop loss but uh the condition very important condition the community needs to understand fully you buy a coin it goes to zero it's your

58:55 fault no my fault your fault you you took the risk you did not set stop loss yada yada I don't even know does that coin even have the think that doesn't even have coin maybe not so that's very important otherwise we want to speak about bitcoin and then you can you okay to be fair, you can you can use leverage with Bitcoin. You can that way you can still uh become rich.

59:17 You can also get wrecked if you don't if you don't have stop loss. But yeah, uh anything of this like last bull market, it doesn't exist. New bull market is fully new. It's fresh. It's fresh. Fully new, fresh. Everything we talk there last bull market is gone. Is poof. It's gone. It's gone. Since October, we have no shitcoin. Currently, I'm saying no shitcoin.

59:44 The only uh signal for us to go into shitcoin again is bitcoin goes to bull trend number one or salon goes to 30, let's say. So yeah. Anyway guys, hope it makes sense. I I feel it's important to clarify. So there's no like entitlement. There's no expectation. There's no nothing. Likewise, by the way, if you make money, it's your you deserved it. You deserved it.

01:00:04 You took the risk. You made money. You deserve it. I don't claim your game. So, don't come here if something goes down. It's It's shitcoin. It's shitcoin. You set stop loss. That's it. That's it. That's it. Anyway, big shout. Good question. Good question. What happened to it? I have no clue, guys. I mean, listen. What What happened in this hundreds of coins we spoke last bull?

01:00:24 Who the hell knows? Since October, we risk off. We clean this late. We clean this late. We take it We take a big fat uh eraser. The whole white board. We just clean it. What happened? Hudal knows. We cannot we cannot follow all the shitcoins we we covered in last bull market because imagine we're here since we're we're streaming since 2017. If I still keep keep tabs on all of the stuff we covered, man, I would go insane.

01:00:51 I would go insane. So that's why when bare market starts, we're out. We're out. We are erasing. There's what we spoke about what what I don't know I don't know I don't know what we spoke about I don't know I don't know I don't know and that's the approach to have that's the I mean it's also a good approach in investing overall market dynamic shift you have all of the list of assets I mean listen it's shift but assets get rid get rid get rid bullish again it's time for the shitcoin in the next bull market we're going to

01:01:34 speak about such [ __ ] It will be crazy. They're going to pump. They're going to dump. Many are going to go to zero. Don't come to me in 2029 asking me, "Hey, Ivan, in 2026 Q4, you mentioned some shitcoin. Uh, can you report on the latest news? What do you mean, man? What do you mean? Which news? Which news? I What? What is it? I I don't even remember."

01:02:00 Yeah, but this one I do remember. But I I don't know what happened to it or if it did even have a coin. I I don't even remember did they have a coin or not? Because some projects they never got to the TG. They were too slow. They never even released a coin. Okay. Are you going to be max beating on Pulsia? Maybe we will. Maybe we will. But man, Palia is, you know, they're so happy, man.

01:02:30 There's I I mean I um I see their their light their eyes light up. They're down so much. They have a bit of a you know 10% pump. Oh man, look look look at us. Look at us. Ivan, look at us. Look at us. I see the guys. Ivan, look at us. Look at us. We're up. We're up. You know, and I understand you guys. You've been stuck in the the crap for so long. In the meanwhile, we've been part of the AI rally.

01:02:50 We've been part of the Sana rally to 300. We've been part of so many things. But you're still here since like 2021 or when when was the sacrifice? like you're still stuck in this one thing. So for you, oh guy, Ivan, we're up 20%, we're okay. Yeah, you're down 99. You know, if you go down 99, you go from $100 to $1. You're up 20%, you're still at $1.2.

01:03:13 You You were at 100. Oh, but Ivan, we're up 20%. Ivan, notice us. Notice us. We're up 20%. Okay. Yeah, good. You go from 100 to $1, you're down 99. Okay. Even Matt, even if you have 90% pump, you you're at 1.9. You need to go you need to go back to 100. You understand? But you know, we've had so many things. We had freaking Sandisk Moon. Now Sandis is bare trend going down to zero.

01:03:39 You got to rotate out. Don't get married. Anyway, guys, I love it. I love Maybe we're going to go pulse. Let's see if it goes bull trend. Maybe. Maybe. Maybe. But I just guys I just I'm I'm I'm a bit I don't want to be part of this uh you know bag holder community that that's the only thing I think many people they they have been for five years they've been in the basement as soon as they see a bit of gain the dumpage is going to be so big guys or maybe not.

01:04:03 Who knows? Let's see. Let's see what it does. Let's see what it does. We're gonna we're gonna see the guys. Thank you very much. Big shout out to Dub. Enjoy your Wednesday. Enjoy your Wednesday. Thanks for time stamping. Uh, one message very important. Follow the damn Instagram. We're going to blow up on Instagram. I'm going to do Q&A. I'm giving you behind the scene. Follow right now. I'm on tech. Scan it. Scan it. And goodbye, guys. Goodbye. Goodbye. Goodbye. Hey.