BITCOIN: HOLY SHIT (FED rugged stocks)!!!! 🚨🚨🚨 Transcript, AI Summary & Key Points

00:00 Oh yes, oh yes, yes, oh yes. Guys, welcome to another episode. And as can I say right now, Bitcoin is holding very, very strong. This is fantastic performance by Bitcoin. It may not seem like that because the week is a bit red. It may not seem like we're pumping, but guys, relative to stocks, we are eating. Today we're eating because the stock market has had a diarrhea day yesterday.

00:23 It was quite insane how much value was erased. Approximately 1 trillion wiped out from the US stock market. You look at Korea, guys. Korea, it's like a Korean barbecue. Look at this. [laughter] It is quite insane. Over 360,000 South Korean margin accounts have reportedly reportedly been wiped as the country endures one of the worst market crashes in its history.

00:51 Nearly twothirds of the liquidated accounts belong to investors under 35. And it is quite tragic guys. I mean this is you know we joke here and there but it is quite quite tragic. You really have to remember that uh in a month everything can change. For example September 2025 versus October 2025. Big difference in the crypto market. September we're living the life.

01:18 You know we're living the life. September October beggars. Most people are beggars in crypto, especially if you don't have mechanical rules. You don't listen to the channel. We go from la vida loca to absolutely destroyed very fast. If you don't have mechanical rules, you're not part of Bulmania, you're not watching these streams, you are in a very, very dangerous spot always because you're literally one week away from being the boss to being the beggar.

01:42 The same thing here is in this Korea situation. You know these stories when people are getting wiped out they are more common than most people think. That's why we preach risk management all day long. Bullmania you learn how to earn a lot of money but also how to protect it. That's why we respect the trend. You have bare trend you're out. I mean all of these Koreans man I mean we could have saved them saved them if they watched the stream.

02:07 Look here already here in July on 6th of July it went bare. When you go bear you're out you're out. You're out. I keep screaming. I keep screaming. Everyone in Bullmania can see any chart. They can see if it's bullish or bearish and they can see when things flip in real time. So these these stories are very very common. A month ago, Koreans were becoming rich by buying stocks, buying AI stock, La Vida loca all day long.

02:28 And now just a few weeks later we have horrible, horrible, horrible situation. I mean it's quite horrible. Look here. This guy I blew away 300 million Korean one 300k of hardearned money man from my apartment installment payment. I feel yeah I mean it's it's very it becomes very dark it becomes very dark you can you can read more yourself here it is at the end of the day it's you know just money I know it's easier said than done but you can always make money back you can always make money back so uh yeah uh a word of

02:58 encouragement is important in this in this situations and it happens in crypto it happens in everywhere ever if you don't have risk management unfortunately you're literally one week away from being in dire situation and it can be dark very very fast so yeah Just keep it in mind guys as you as you go through markets. Of course you want to participate in markets because that's where wealth generation happens.

03:18 You don't want to be outside of the market but there's always the dark side of it. Very very important. So around the trillion has been wiped out fully and what triggered it was the decision by the Fed to leave rates unchanged. In this case, I'm not sure what the Fed could have done because the reason why we've been dumping is because the market wanted I mean in this case market actually wanted the Fed to increase the rate because they're worried about inflation.

03:46 Now that they kept the rate, the 30-year yield has spiked, meaning that investors are demanding more uh more return if they invest in US debt for the long term. It is now the highest. I mean 30-year yield now is the highest since 2007 times. So yeah, there there has been a bit of FUD on social media. And when the yield is high like this, it means that stocks, cryptos, they now have a lot of competition from the bond market because now if you are rich, you can put money into US Treasury 30-year yield.

04:22 You can get uh 5% per year, 5.2. So the higher this goes, the more you can put just in bonds in treasury and uh the more return you're going to have. So you don't have to buy you know stocks or crypto or do anything else. You can just get 5 point you know 2% in this case. Uh or if you buy let's say 10 year you can um get 4.6% per year per year which is very high historically and we're getting to quite high levels here.

04:50 So the market has freaked out because of that the that the rate the long-term 30-year yield has gone up. It goes up. Why? Because the market is worried about inflation. And it has a knock on effect because now you have more competition to stocks. Instead of buying stocks, people can now put money here and get yeah 5.2% per year. But at the same time, what's the alternative?

05:12 The alternative is that the Fed increases rates. Okay, maybe the bond is okay. the bond yield does not go up, but then the business is harder. Now it's harder for business. Now it's uh now maybe the short-term yield goes up. So it it's hard. Whatever they do, nothing was was a good decision. That's why in my view, in my view, this is less of a factor like the Fed situation is less of a factor and the biggest factor is just this AI bubble which just needed a reason to go down a bit.

05:40 That that's the main reason. It's more about the psychology than anything else. Okay. Yes. the Fed held rate and the market said okay so bonds go up let's dump if the if the Fed would increase rate they would say oh now the rate is high let's dump anyway because now the money is more expensive so yeah it's whatever you do they're going to dump because it was time to dump because many of the assets already now went into a bare trend so I don't think really the Fed could have done anything here to prevent it it's just

06:11 that we had big fat parabas in crypto we know a lot about big fat parabas For example, SanDisk. I mean, with this parabola, what do you expect from it? I mean, literally, what do you expect? Especially when you enter bare trend, it's already bearish since mid July. When it is bare trend, we're out. And now just continued. Just continued. So, I don't think that the Fed could have done anything.

06:30 Whatever they did, the market just needs a reason to dump. And now we're dumping. Very nice. Fantastic. Astera bare trend here in mid July. Now lower. I mean this is the power of knowing what what what hell what what trend you're in what [laughter] the hell is happening what trend intel bare trend here since mid July dumping further micron micron going to dump even further bare trend guys it's it's textbook it's textbook I mean I I know I'm I keep repeating but imagine the amount of money that could have been saved by

07:02 retail investors if they listen to the gospel of bull mania mechanical rules the trend following strategies holy macaroni they would have all of the upside in the bull trend and none of the downside. I mean the downside is uh until you know until the peak uh from the peak until the flip which is I mean after probably it can still be 25% at the same time at the same time a few weeks later now most people are down 50% and probably going to go even lower.

07:29 So it's impossible to sell at the very top. It's impossible but you can buy very close especially after a runup like this. It's it's a no-brainer. It's a no-brainer. So a bare trend means that I mean likely it's going to continue for a while. Bare trends you got to respect them on the weekly. They can continue for a month, one month, two months. In one month, two months you can lose 80 90% easy.

07:50 Especially after a big fat parabola. AMD now goes into bare trend. Very important. Broadcom is bare trend. Be careful. Nvidia is bare trend. Be careful. Look here. It was already brend at the end of June. Nvidia already at the end of June told you to start derisking and start thinking about the next trade. So this is the playbook guys. It's playbook.

08:12 Whatever the fed did I whatever they do it was it was still be trend. It was still time for it to dump. I mean the market just needs to dump. [laughter] It's nice to dump sometimes for the market but okay let's do it. Let's get it over with. Yeah. Let's go. Let's go. Finally now. Okay. Dump now. Dump now. Yeah. because everyone is knows that the this parabas are not sustainable.

08:33 So just dump now. Bam. Let's get it over with. Bam. Bam. Let's go. Let's go. Let's go. Google Google bare trend as well. So uh the this thesis for us our thesis is the same. The thesis stands that the rotation is here. We are rotating from AI stocks into the next trade which is likely to be crypto. Okay. Very very important. So I'm ask about NASDAQ.

08:55 Yeah. So NASDAQ if we close the week like this is going to be bare trend. Yes. So NASDAQ itself is now turning bearish if we close the week. Now the week is not closed. We can have volatility. Maybe it pumps back up. Very very possible. But yes, now NASDAQ itself as a whole is in bare trend. If we close the week, should we not close the week and just you know pump higher.

09:16 Uh we still have yeah two days. [gasps] Let's see what's going to happen. Uh S&P 500 holding holding very nicely. So you see the counterweight here. NASDAQ it returns more but also more volatile. So in a diversified portfolio, you ideally want to you want to have a bit of S&P, a bit of NASDAQ because am I miss yourself? NASDAQ is too crazy. It's crazy up, crazy down.

09:36 So with S&P, not too much. It's 3% from alltime high is is not too bad. Still bullsh. But NASDAQ, you got to be careful. You got to be careful. Let's see if it closes bare or not. Now uh yeah look here [laughter] how how mfers who thought diversification meant owning seven different semiconductor stocks are feeling right now. Yeah, it's not a good time.

09:59 Not a good time. It's you got to be careful. When is B trend? Just exit, exit, exit. So, Korea not doing well. Now, let's switch gears a bit. Let's speak about the the Clarity Act. I don't know how long we're going to be speaking about it. Is it going to be here? Is it in the room with us? Black Rockck is saying he wants Clarity Act. American, even Bankers Association is saying that there's a lot of good in the Clarity Act.

10:23 You have um Jake Cherinsky, the lawyer from from Twitter, saying, "If you want the Clarity Act to become law, you have to confront the raw politics, not just the substance." This close to midterms, Democrats may prefer explaining to cons constituents why they voted against crypto rather than why they voted for a bill the president supports. True. True.

10:43 I mean, you have a lot of politics. It's a lot of very, very much political. [gasps] You'd hope Democrats would want to tell their constituents that they advance good regulation that creates stature regardless to protect consumers. But in a time of extreme partisanship, good policy sometimes loses out to simply being against whatever the the other side is for.

11:03 Yeah. I mean, sometimes I get these, you know, lefty videos. By the way, if you're lefty, big big welcome. We're apolitical. We're apolitical. But you know sometimes on YouTube I get recommended some you know news coverage but this you know a bit lefty and it's great they don't like crypto guys. I mean they really don't like crypto. They don't like cryptocoin.

11:23 They don't like Trump memecoin. So, if I would be Democrat politician, I would likely also vote no to Clarity Act just based on my own personal gain because if I look at my woke uh electorate, I think they're going to like more if I say that we voted against crypto corruption that Trump is doing. I think it just sounds better, man. It just sounds better.

11:44 And then maybe next time we can get it uh potentially. I mean, depends what what is best for me at that time, obviously. But, you know, politician, you got to take care of yourself first. So here if I would be democratic politician I would be thinking yeah this time guys no clarity act. Why? Because we need to take care of Trump's corruption. So it makes sense.

12:06 It makes sense. Let's see if they can get get it over the line. Maybe the other side has some incentive for me. I don't know. We need to check. Let's see. It's politics. But then it's also incentive. It's also, you know, long-term strategy. Let's see. It's impossible to calculate the amount of time, effort, and resources poured into the Clarice Act over the last 18 months.

12:22 It would be a shame if all of it and the solid legislative product that resulted went to waste over politics. Put clarity act on the floor and vote. Let's see guys. Let's see what's going to happen. Clarity act, not clarity act. We're going to pump anyway towards the end of the year. Just as a reminder. Just as a reminder. Now you have Cintia Lumis.

12:43 Where is she? She's a bit frustrated. She's very frustrated now. She's saying that she doesn't understand what the hell the other side wants. But I mean, she probably understands. This what I told you. Uh, listeners, >> this is a very good bill. Good for the country, good for consumers, and good for the people we all represent on both sides of this aisle.

13:03 And after 11 months of giving nearly everything that was asked of us, I am genuinely struggling to understand what else my colleagues across the aisle think it needs before we act. When I was elected to the Senate in 2020, I knew I wanted to work on digital asset legislation because Wyoming's legislature was already years ahead of Washington, building a legal framework for digital asset companies before most of the country was even paying attention.

13:42 I wanted to do everything I could to keep those companies in Wyoming and more importantly to keep them in America. The person I have been most proud to work with is Democratic Senator Kirsten Gillibrand of New York. >> Anyway, you get the point. She's like, "What the hell you want?" But it is politics. It's I mean, she understands here and she understands, but she needs to say what you guys want.

14:06 Uh, yeah, that's it, guys. you know, stocks collapsing, everything collapsing. R Paul, I guys, I love R. Paul. He's coming out with another video saying that if your returns aren't beating 11% per year, you're getting poorer. And holy [ __ ] that made me look at the SU chart, which was supposed to save us from inflation. And 11% per year. I mean listen we just backtracked in sui 86 [laughter] is the problem with this you know strategy where you hodddle shitcoin in bare market to beat 11% inflation to beat 11% but you

14:50 end up minus 86%. You just wanted to beat 11% but man now you just to get to break even mind you need to get 676. [laughter] You set out to beat 11% now you are faced with 676. It's the banana zone guys. I mean the bear with a big banana coming from you know from where? From uh from there. And uh yeah, it's not good. But I just love, YOU KNOW, EVERYTHING STOCK MARKET COLLAPSING, Cosby collapsing, everything is down.

15:26 But we need to beat 11% per year, guys. You don't have to rub it in. You know, most people who follow, they need to get 600% just to break even. You don't have to rub it in. You don't have to say, "Oh, by the way, if you don't have 11%, you're you're getting poor, man." You know, most of your holders, they just lost 86%. You don't have to rub it in.

15:45 Global liquidity growth 8%. That's the money supply expanding. It means the value of cash in your pocket falls by roughly that amount. Yeah. Yeah. But even faster, man. Suie went even faster [laughter] and maybe 3% of normal inflation and also minus 86% in sui. [laughter] Most people think if they've beaten inflation, they're fine. They haven't. Inflation and the basement aren't the same thing.

16:09 And don't forget the sui collapse. It's also part of the equation. Inflation is your money losing value against goods. the basement is your money losing money against I mean it's correct it's correct it's correct but the solution to to protect yourself is to write the bull trend not write the bare trend I can tell you that for sure for sure for sure yeah anyway big we just having a bit of fun big shout to I mean Ro is a great guy as a person he's a great guy but no we just have a bit of fun here it's I thought it's

16:36 just funny you know Cosby collapsing stock market collapsing everything is burning suie everything you know he spoke about it's down so much and he's like Yeah, guys, by the way, if you're not beating 11%, you're getting poorer. I know you're down a lot from everything we discussed. I know, but don't worry [laughter] if you're not beating 11%. You're getting poorer.

16:57 [laughter] There's I don't know, guys. Big shout out. Big shout out. Now, now, now moving on. Moving on. So, South Korea to hold emergency meeting after stock market crashes nearly 40% from all-time high. Let's see what they decide. Anam is saying, "Yeah, some uh some summary of what the what he's done." That's good. Frank from DOT is saying it's finally it finally starting to feel like the trade is genuinely over.

17:24 I guess he means the AI. Yeah, the AI trade. I'm not expecting a V-shaped recovery just based on fundamentals. Guys, this is another important thing. So, V-shaped recovery is very uncommon. I I hear it all the time. People hope for Vshape. When they're at a loss, they hope for Vshaped. And the reason they hope for Vshaped is because V-shaped happened in COVID.

17:43 You remember when Bitcoin collapsed in COVID and stock markets collapsed and it was Vshape. So for most people because they're not experienced, they they kind of thought that it's normal. And now whenever they lose a bit of money, they're always hoping for Vshape because they saw a Vshape in COVID and now all the time, oh, it's going to recover. Don't worry, we're going to have Vshape.

18:01 Vshape is extremely uncommon. It's extremely uncommon. Once you have bare trend, it's likely not going to happen. It could happen like there's never 0% chance but it's uh below 10% chance. It could happen but it's very so never count on it. So yes I I'm also not expecting a V-shaped recovery of any sort. Obviously it could happen but let's see and also AI stocks probably not going to have a V-shaped recovery but then there are there are different other stocks.

18:26 I mean let's see we have crypto stocks we have many many other things. So stock market as a whole may be okay. I'm not saying that the whole stock market is is cooked but many of these parabolic companies like uh you know SanDisk which we have been riding to be fair during the last six to eight months uh I think they're going to struggle but listen maybe I'm going to be surprised.

18:45 It's very uncommon to have Vshaped at least in my experience it's it's happened like a few times mainly in the covid time. The pressure now is clearly on the frontier labs to deliver step change level of model improvement which is becoming increasing increasingly difficult to imagine. It's also what we said with the uh with the innovation. It's hard to innovate with LLMs.

19:02 Uh they are very good but uh they're not improving too much. I mean honestly guys for my stuff I see no difference whether it's Fable Oppus 5.0 uh zero you know during the last years the same potato potato tomato tomato very low small difference and even if it's better it's so much more expensive and it's very good tech like I love I love the tech but you know at this cost trillions being span spent all of this skyrocket because the skyrocket the parabas they expect us to go to AGI okay that's what the these parabas

19:34 are pricing in I think yeah many people are going to discover holy crap maybe it's not going to be AGI yet so after that it's on the hyper scalers to start generating ROI on their spend. Exactly. All this money is spent. The Wall Street investors are going to be asking, okay, what's the return? You spent a trillion on the data center. What is the return?

19:52 What's going to happen? The only path that makes sense. The lower things go is reducing headcount due to a efficiency. These two narratives and by the way this this this is another thing with you know paying for AI for what you want to cut staff. Okay, but you cut stuff, you realize, man, AI, it still needs stuff. [laughter] So, you need to hire stuff because AI is not good enough to be super reliable and to achieve things end to end.

20:18 So, you need stuff. You need to to and the more you you do with AI, the more stuff you need to ensure that it doesn't fugazi and it doesn't get confused and has all the right context yada yada yada yada. It's it's a lot. So let's see guys uh it's uh very interesting but uh I agree the AI trade even if it continues we need to be careful and we need to be rotating and we have been rotating for the past month or so because that's when the bare trends started as I just showed you in the beginning of the stream we for us at

20:47 least right now the AI trade is mainly over it may resume if they go bull trend again we're happy to enter it may resume but just like gold you remember at the beginning of the year we said that the gold trade is over precious metal trade is over. People said, "Ivan, you're crazy. How can gold be over? It's going to hyp dollar's going to hyperinflate.

21:06 People really thought dollar is going to hyperinflate at the beginning of the year." You guys remember it was crazy. We said after such a parabola, likely Phenito, likely fito. So now gold is finding a bottom, figuring itself out, potentially going to go into new bull trend at some point. But uh yeah, maybe next year, maybe in two years, in three years.

21:24 I mean, who knows? Who the hell knows? Now gold is still trying to find some bottom. Again guys with this parabola it's it's textbook. Gold had a parabola. A stocks had a parabola. Uh crypto had a parabola. After a parabola you need a big fat bare trend and uh at least a year. So the the sentiment resets all the greed resets. You know silver was at $120.

21:42 Now it is at $57. Here many people thought that dollar is hyperinflating. They went all in. Man what is this down more than 50%. This is the power of the bare chunk. You got to be super careful when this is bare chunk. B chat is very very important. So yeah anyway I'm I know I'm p preaching I'm pitching to the choir. I'm pitching to the choir as you guys have probably heard a lot about the trend but you see it's good to repeat because yes you hear still you get wrecked.

22:10 Still you don't do what I say. You understand? You hear many time it's just human psyche. I don't know what it is. Even I you know sometimes I hear something good then it takes me like few f uh fups to start. I I mean I know what to do. I know what to do but you know still I'm not doing it. I I because I'm better than uh you know I I I think I'm smarter than than everything.

22:32 Okay, you understand? You understand? Then you know after a few more fups I feel okay let me actually do this thing that people said. For most people following the trend they think oh yeah I mean probably good maybe for this dumb people is good but for me I'm a smart trader. I work full-time job. I have I'm trading maybe 10 minutes per day but my intelligence is above everyone else.

22:53 And this dump we have in my asset is going to Vshape because R Paul said it's a global, you know, [laughter] that's why I don't have stop-loss. That's why I don't follow the trends because R Paul said it's global liquidity and now now my ass is down 30% but we're going to Vshape so it's fine man. Follow follow best practice. Follow please follow best practice and people asked yesterday whether bullman is open.

23:19 Booming for now it's closed. We have closed it. We have closed it. Uh we don't we don't send out any invitations at the moment. So uh Kazin is saying, "I'm currently negative on the year for stocks after being up over 5x. They are memecoins wearing suit pumped up by bad actors. Inflation and the neverending money print." Yeah, it's meme. It's memecoin.

23:38 Yes. Stock and the crypto is the same, guys. It's the same. It's the same. I mean, look at all these AI stocks. It's It's unbelievable how they how volatile they've become. Unbelievable. It is memecoins. It's memecoin trading. But you see for us it's very important to be in the stocks also. I mean for us it's it's important to be 360. That's why in the money scanner inside Bulmania we have everything.

24:01 We have stocks, we have crypto, we have commodities because everything now has become quite volatile. So you have opportunities everywhere. And sometimes like during the last six to eight months there's not too much in crypto. So you got to be in other assets. Anom after some deep consideration I'm pivoting this account. This is now a delusionally bullish technoopimism fitness posting generational wealth manifesting crypto.

24:22 Yeah, I like it. I like it. I like it. It's actually good. It's actually good. Now, what is this? This is from Gainy. Let's see what else he says. If you have seven plus figures, you can see you can size into majors and get zero dopamine holding through rotations while they slowly appreciate and and retire. That's true. That's true. That's true. I mean, you you need some money for this, but let's listen to what he says.

24:44 Zcash. Um, it looks like [ __ ] What can I even It looks like [ __ ] I know it >> really. Well, it is bare trend. I could have told you that long time ago. It is bare trend. Yeah, it's bare trend. So, be careful. I could have told you that already at the end of June. So, yeah, that's true. That's true. But, you know, I mean, in comparison to Cosby Korea index, Zikash, it looks very good.

25:07 I mean, you know, if you depends on what you compare. It's gonna have its like really cool um iron. I don't give a [ __ ] man. It looks like [ __ ] Do I think it's going to run anytime soon? No. I think people are gonna end up bad golding it. And it's me. I'm people. I It's just going to be a bad goal. [laughter] This is not >> Well, well, I mean, listen, some word of encouragement like the bull flip is not that far away.

25:31 The bull flip is not that far away. Can Will will it back huddle to zero? It could. It could. It could easily back huddle down to 230. Could easily do. But listen, we're not Babaanga. I don't know what's going to happen. We just followed the trend. That's why we're so humble. People say yesterday someone wrote, "Ivan, you were more humbled before." I don't know what he's speaking about before, let's say five years ago.

25:50 We did not have mechanical rules in the same way. We did not have a system in the same way. So, it's actually crazy. Let me see if I can find that comment. Some someone just said yesterday, Ivan, you were more humble. What do you mean, man? What do you mean? Before I told you things which I thought would happen because I thought myself of being a smartass smartass you understand like a big fast smartass.

26:11 Now I'm way more humble. I mean we literally follow our strategy the mechanical rules bull mania. It's it's fantastic. It's fantastic. I'm not trying to tell you oh you know this uh oracles are going to pump. Like I I don't know who the hell knows if oracles pump. In many cases no random crap pumps. Okay. Whatever is bull trend pumps. Okay. Where is where is this?

26:35 I'm uh I don't find this. Yeah. Anyway, I know for sure someone yesterday commented. I you you used to be more What do you mean? I'm I'm the most humblest right now. I'm the most humblest right now. The the mega humble. I'm humble maxing here because the only thing we follow is the system. The system is written down. And you see how good it is, man.

26:53 It's we wrote the gold tread precious metals. We exited in time. We wrote AI. We exited in time. We wrote crypto. exit entire what is the best is the best and max humble max humble >> not one of those buy the new I genuinely think we're [ __ ] on that for a minute ETH runs Zcash does it and I think it's going to be like a month like multimonth type thing until people in Zcash puke into ETH and then Zcash will run or something it we're not going to have any kind of easy rotational season we're not going to have any kind

27:24 of like you buy you get dopamine you relax you live like no you're you're just going to be in pain no matter what you everything is going to chop especially right now in a manner to where like you're going to want to buy something sell >> now big shout out to Gayy but like is he rich like I don't know why he has so many followers and everything is is he some Airbnb or like what happened what happened like some things he says are interesting they're interesting they're interesting like what is this garbage here why he

27:51 has so many he needs to clean the room before he starts streaming get a cleaner man get a cleaner get someone to clean this it's not it's not expensive But yeah, maybe if you're wrecked, just explain. But yeah, I I would clean the the background a bit. Put a nice camera. Why you have tilt up? Tilt down. Tilt up. Put nice camera. So it's good good content.

28:09 >> Tell the pump. Go into something else. And if you don't do it, you're going to wish you had. If you do it, you're going to do it incorrectly and lose money. It's crypto is just not going to give you dope. I mean, it's not. It's going to be a very long time until crypto gives you dope. I mean, >> I think it can happen at any time. I mean, listen again, we don't know, but it can happen at any time.

28:24 It can go boop this fast. Mando, what is he saying? was clinically depressed in 2021. Now I love my life and get to do cool [ __ ] every day. Honestly feel incredibly lucky. Yeah, [clears throat] that's good. That's good. That's good. But what exactly does he do? He rides car. What what exactly does he do? Let's see. And also how do you become clinically dep maybe do but big shout out to Mando.

28:50 He's a great guy. Let let me see his pictures. What does he do actually? What does he do? May maybe I should do more cool [ __ ] Maybe he can share with us. Maybe he can enlighten us more exactly what what we should be doing because we're clinically online. Terminally online. [laughter] Anyway, big shout out to Mando. I don't know what he's doing, but he's clinically not depressed anymore.

29:14 So, that's very good. Mert. Pretty crazy that Sana just casually doubled block space. It's true. It's true. No one even noticed. It's true. Sana doubled. No drama, no you know if imagine with bitcoins would be so much closer decentralized decision boop double bam more more throughput fantastic we can trade more shitcoins totally on why tokenized stocks on or inevitable inevitable let's see let's see let's see let's see let's see >> actually the company the reason why there's demand for this is basically um the world is

29:46 getting wealthier and the companies that are making the world wealthier are actually we're blessed that they are American companies the Google's These these big tech companies are creating massive value in the world. They have the cheapest, best products that are globally scalable. Consumers benefit a lot from them everywhere [snorts] and people want to trade them.

30:05 As they get wealthier, they want access to investment into these great products. And you now have this global demand for US equities that is creating this unmet pressure. So there's been a bunch of these attempts throughout history to go figure out a way to bridge global liquidity. Blockchain is the latest one and it's I think the one that is inevitable and >> oh yeah why there's demand.

30:32 >> Let me translate what he says. Imagine you are in Nigeria by the way. Do we have Isaac here from Nigeria? Rock water. You're in Nigeria. You live you know there's like a water cities there. I mean it's [clears throat] like hots on water. Is it in Lagos or where? Imagine you're there at least. Okay. If you go to JP Morgan, you're not going to get account because they're going to say you're Nigerian scammer.

30:50 You're from Nigeria. You know, Nigeria is not even in this, you know, country drop down. It's removed. Removed in PayPal, you know, you go Nigeria, you have all countries, but Nigeria removed. So, you try to get access to Google, Apple, you want to be part of the great wealth creation of the US. What happens? They tell you, "No, no, no. You're not even select Nigeria.

31:12 No one wants you. No one wants you, man. It's because so many scammers scamming in Nigeria is a national business sector you know just like in the US you have stocks you have finance in different countries different sectors are big like government like country critical sectors scamming in Nigeria is a country critical sector okay if you know you know okay [laughter] it's like it's a fully integrated in this like it's very important it's very important so anyway so for that reason you cannot get a brokerage account but

31:41 you are in lagoon cost. You're like, man, what to do? What to do? You get Sana wallet, non-custodial. You get stable coin, non-custodial. No one needs to accept you. You buy Apple tokenized, non-custodial. Very good. Very good. You understand? Basically, this is what he said. So, obviously, there's a big fat demand for this. There's a big fat demand.

32:04 [laughter] You can take your money from scamming. You can put it into Apple stock. [laughter] I guess that's that that I guess that's the that's the flowchart, right? [laughter] Yeah. So anyway, let's see what's going to happen. Uh I mean I'm also you know in a way I'm also blown away by this like non-custodial tokens like you know tokenized the Apple and all of that because that's what's going to happen.

32:26 That's what's going to happen. And I love it. Listen, I love no KYC but it's just you know they they've been so strict the last 10 years last 20 years they've been so strict with like KYC AML. Now you can take money from scamming into Apple store in Nigeria. Very good. Very good. So anyway, let's see what's going to happen. But I mean I'm all for it.

32:44 I mean I just to be clear I mean I love non custodial. That's how it should be. Let the police figure it out. I mean let the police go and find scammers. Don't have that you're excluded from finance because you you are somehow related to the same country as the scamming is from. Let the police deal with it. Deal with the scammers. So that's how it should be.

33:04 Now uh moving on moving on let's see what [clears throat] is this auto the now live commamino the first permissionless RA backed by near prime US auto loan yield okay bringing the 1.7 trillion US auto credit market onchain that's interesting I guess you can now buy this auto loan debt and get the yield uh yield on it so onchain I mean this is very interesting more and more of these financial products are now on chain if you want you buy auto out auto out auto out auto out auto out auto out auto out auto out auto out

33:36 auto out auto out auto loone okay [gasps] these products that give give you yield because they hold auto loan yeah interesting they could yeah I guess they could go bankrupt in case people stop paying auto out loan look here 500,000 tokens in 28 days on Robin Hood chain yeah that's something that's something uh let's see we have something else we have a few more things Samsung just post it most profile quarter in history I guess due to all of the AI hardware and SpaceX awarded 1.6 billion US space uh space force

34:10 contract. Let's see SpaceX. By the way, when is it time to buy SpaceX? Is it time yet? Is it not time yet? Let's see how it looks. It It went all the way to 107 on the daily. It is bearish. Stay out on the uh hourly because if you want because it's a new new chart. So daily, it's still too little data on the hourly. Still too early. So guys, SpaceX is too early for us.

34:38 It's too early. It's too early. It's too early. Can still go way lower. It didn't even capture. Yeah, there there's no trend reversal here. There's no trend reversal. Very likely to continue down [clears throat] here on Monday. It's at uh on Tuesday, it's at the all-time low. And yeah, a bit of a bounce. Always I mean, as you know, always this this could be the low.

34:59 There's always a possibility that this was the low. We just don't know. But we need good riskreward. So, we wait for the bull flip and then we ride it and we ride it and we ride it and we ride it. Someone asked about Tesla. Let's check Tesla. Oh, what's happening guys on the hourly fully wrecked fully? Oh, yo yo yo. What happened here? This was on this was yesterday.

35:19 What happened? What did Elon do? Holy [ __ ] Let's look on the daily. Oh, not going to be bare. It's not going to be bare. Oh yo yo yo yo yo yo yo yo. Be careful guys. Be careful. Be careful. [gasps] Be careful. Weekly bearish guys. What the hell happened here? Wow. What happened here now? Uh guys, Tesla just for the love because of love of Elon, you could buy around the 200 week moving average.

35:56 It's a it's a good long-term price even in bare trend. If you love Elon, if you love Elon, if you love Elon, you can buy here. You can buy here. [gasps and snorts] So, yeah, but the dump already started last week, guys. I mean, to be fair, look here. The dumpler started last week. The biggest dump was last week. The insiders already positioned themselves last week.

36:17 There you go. There you go. Uh so, if you love Elon around 200 moving average is good, but know sometimes it goes below. Uh so ideally you wait for the bull trend. Look here this here it went down how much? 35% below 200 week moving average. But normally you know normally here at 200 week it's going to be okay. It's going to be okay. Elon as long as Elon is healthy as long as he is it is he taking care of his health.

36:42 Sometimes he becomes fat. He needs to lose the fat. Did he lose the fat lately? He goes a bit up and down in his weight. He used to get a personal trainer because it's very important for the stock that he's healthy. He's now I mean he's what is 50 years. So how how old is he? He cannot have fat now. He the risk of his disease increases now a lot at this age.

37:04 You need to have uh good body fat. You cannot have high. You cannot have high. So he needs to take take care of this because if he's out you know this uh 200 week is is not good price. Okay. It's only good because it's um it's uh Elon. Okay. So yeah, just uh keep in mind but yeah so earnings. Yeah, I don't think it's earnings though because look here it already dumped before that.

37:30 So or insiders knew about earnings. Maybe it was earnings and who knows because we already knew since last week that it's looking very bad. It's looking very very bad here. What happened last week when it dumped this much? All of you guys who follow this closely. So uh my after mixed Q2 results traders focused on slowing deliveries profit pressure. Yeah.

37:54 What's happening in Tesla? They still do this uh what is it? Uh Model X uh Y. What what happened? What happened? What what they do? When is the new model coming? Cybertruck. Cybertruck chop off your finger if you put it in the wrong place. When it closes the lid, it can chop off your finger. [laughter] So on car innovation, I don't follow Tesla closes.

38:18 I don't know. I just follow the chart. But see, I don't even have to follow Tesla close. I knew already last week that it's not good. Someone said, "Ivan, you're behind it. It's because of earnings." I just told you it's not because of earnings. Already last week it was bare. So could be that insiders are positioning, but see chart is the king. Chart is the king.

38:35 Chart is the king always. Robbo taxi model LG [laughter] LGBC. Okay. Robbo taxi. Okay. What is the innovation they have? What is the innovation? It's now fully autonomous or what? What's happening, guys? What's happening? I mean, I I I'm still not too much into this electric, guys. I don't I I want gas, man. I I don't want electric. I want I I want gas.

38:57 Boop. Done. Boop. Boop. Boop. Fantastic. [sighs and gasps] One minute. Boop. Full fully refilled. Go. Uh maybe I should switch to I will at some point. I mean, I understand is the future. It's uh but still I I I don't want that electric. I love Elon but electric. I have a Porsche dealership. They write to me all the time. Oh, come in. Buy the new electric.

39:21 The new car is electric. New model. I'm like, man, what do you mean? You you effed up the whole Porsche brand with electric. I don't give me electric, man. If you're good legacy brand with a lot of legacy, good legacy. Don't do electric, man. Porsche they're doing Oh, look at the electric. What is this? I don't want electric. Where's the engine? Give me engine.

39:43 Don't give me electric. Electric is okay. If you're a geek, you buy this Elon stuff. Okay, good. Good. Good. You You're a geek. Good. Fantastic. It's good. It's good stuff. It's not bad stuff, but just for me, you know, I get annoyed. I get more annoyed. So then I want to be even more less electric. When Porsche, they they tell dealership calls the guy, "No, but come in for a test drive.

40:01 Come for I'm not going to buy it. I'm no electric. I'm not going to come in for a test drive. Electric. Don't try to get, you know, the sales guy, he's trying to, you know, maybe if he tries, he's going to buy it. Talking about I'm never buying electric. Porsche never electric. Now, if I need Tesla for some reason, okay, if electric, I'm going to buy Tesla.

40:20 I'm not going to buy Porsche. Another one. Mercedes. Mercedes, the same thing. They call Ivan. Coming for test drive. Coming for test drive. It's [laughter] like, NO, NO ELECTRIC. ZERO. ZERO. I have electric toothbrush. I don't need a big toothbrush which is your car. They make it exact like toothbrush. It's the same like you know same like shape or something.

40:42 I have a black electric toothbrush. This Mercedes he showed me it look the same electric the same battery. [laughter] [gasps] So guys Tesla not looking too good. So yeah wait for bull trend earnings bad. Okay. Um last week why it dumped so much last week? Insiders or what? Last week look at how much it dropped last week. This is why guys you got to look at the chart.

41:06 You got to look at the chart. Always always look at the chart. Insiders already last week knew something. Okay. [snorts and gasps] So guys, uh let's go to Q&A. Uh fast Q&A and then we're out of here. We have Bulmania weight list below but now it's closed. If you want to join next cohort, uh go for weight list. But is I mean it's crazy. As soon as we open it, uh the amount of demand is too high.

41:29 It's too high. So we closed like because each and every person in Bulmania we give coaching we get education etc etc so we're going to open it up I hope within the coming weeks but now fully closed okay I have uh ah okay fully captured indeed indeed have you checked Ioni digital oh yeah let's check it is this um is this Celsius thing Ionic digital let's see basically this is the company that Celsius uh kind of transformed into on the hourly.

42:03 Yeah, I mean on the hourly doesn't look too bad. Doesn't look too bad. List at 50 now here. But you got to give it more time. I I'm not buying it. We need we need more time at the end of the day. The same thing with SpaceX. Look at SpaceX first hours like this then for guys. So we need a trend to be formed here. There is no trend yet. Should a trend form with clear bare flip then is a good uh good place to start.

42:25 If you want to lather in, ladder out in this situation, it's like any IPO. They get hyped in the beginning, first few hours, then potentially they're going to continue, potentially not, but you know, you look at SpaceX hourly. I mean, it's the same. It's the same. It's the same. It's the pump and then the dump. Okay. Maybe I mean, I wonder who maybe it's the private bankers who are doing it because someone is doing this.

42:49 Is it's really do you think it's really natural that all IPOs are like that? I mean, maybe people are excited, but also probably the company knows. So they they don't dump. They don't dump. They don't have too much unlock. The first hours they don't they tell everyone, "Hey, don't dump. Let let it run. Let the plebe get greedy." Plebbe gets greedy. We run it up maybe 20%, 50%.

43:07 Okay, now dump dump dump dump dump dump dump dump dump. And plebe is thinking, "Ah, but it's going to be V-shaped recovery because R Paul said that is expanding liquidity." [laughter] AND ALL INSIDERS ARE DUMP DUM DUM DUM DUM DUM DUM. YEAH. Unlock after unlock after unlock plebe still hopeful because it pumped here plebe members the bullish time is bullish on the L2 M2 liquidity whatever [laughter] guys with IPOs it's not I I don't like IPO I don't like IPO I don't like IPO I like more when it's supply demand we see

43:47 the trend yada yada yada [snorts] you see Pav Durov is in trouble from Russia Yeah. So both Russia and Europe they are you know this meme with like the black guy the white guy and it's like big bicep on both sides. Do you do you know that this is you know EU Russia together on banning free speech. Fantastic. going after Telegram. Good. [laughter] Ionic was direct listing, not IPO.

44:27 So, what does matter? It's a new stock. It's a new stock for most people. What does matter is it's a new stock that starts trading. IPO, not IPO. What does what does matter for you? is the same. It's the same. It's still a a private banker that gets it live. That gets it live. Still a strategy how to go live. So, it's the same for all intents and purposes.

44:53 Is the same. Uh but you have a bunch of bag holders from Celsius who Yeah. They get a bit of money back now. That's good. Exactly. Groomman saying all sales use victims are automatic stockholders from ionic. Exactly. Exactly. [snorts] Can you check now or CRM? They have been pumply. Oh, that's good. That's good. Let's check. Let's check. Let's check.

45:21 So guys, if you are a Celsius victim, I'm rooting for you. I'm rooting for you. But I'm not going to buy your bike. That's the only problem. Okay. I'm But I'm rooting for you. Hopefully, it's going to be okay. But yeah, there's going to be many victims because people ask me about this ionic all the time. By the way, someone on Instagram also asked about it.

45:35 Speaking about Instagram, I'm doing Q&A there every day. So, if you want to continue your Q&A, go to Instagram, Ivan on tech or scan the code. Be careful to not follow a scammer. But I do their Q&A. So, go follow if you want more Q&A. So, yeah, Salesforce. Let's check. Let's check. Let's check. Salesforce from a business perspective. This is the kind of company that I'm more bullish.

45:56 Oh, look here. Yeah. Yeah. It's good. It's good. Guys, our thesis here is playing out if especially if they go bull. Here is how the next trade in in the AI space is going to be. So, we have these models. They are good enough now. Like the models now, man, they're good enough. They're good enough. We we're not going to go to AI. We don't need to spend trillions.

46:21 Now, it's all about can we use the existing models which are good enough. We don't need to have like trillions in Nvidia. It's good enough. Good enough. Can we take the models and and can we now put them into business into actual value, customer value uh in business and Salesforce and such businesses are the ones that are going to be doing that. Now we still need to go to bull trend.

46:44 Let's not open champagne too early because yeah here it tried collapse. It it tried many times. So let's not go let's not open champagne too early. But but but potentially potentially I'm personally excited for the next, you know, leg up in this business focused AI use cases where you have established business like Salesforce. They have all of the companies in the world basically using them for different things.

47:07 And now they can make even more money with AI. They can fire maybe a bunch of people from Salesforce to uh to use AI instead. So they be have more profit, more efficient or they can charge their clients more. I mean either one of them either fire to become more efficient or char charge the client more for more service. So yeah, that's good. That's good.

47:25 That's good. That's good. Guys, I actually have to go in 5 minutes. I have another meeting. So, thank you very much. Fantastic. Let's see what's going to happen. The strategy is very nice that we have. I mean, you know it if you follow it. Max humbleness. Max humbleness. We just follow the system. We don't speak too much about Oracle is going to be big.

47:42 Who knows? So, I you don't know if someone said tells you chaining is gonna be big or whatever. They don't know. Just follow the down trend. We follow the down trend. Stocks down. Boop. money into crypto into Q4 and u yeah fantastic big shout out to Guzman for time stamping. Yes, sign up for Booming weight list Instagram if you want to be part of u uh Q&A.

48:01 I mean I I do it like all day long. I I see something some question I answer it on Instagram. So do that. Yesterday I answered all kinds of questions all kinds. So go and check it out and yeah have a good good day and goodbye guys. Goodbye. Goodbye. Bye.