Bitcoin Breakout Faces Its Biggest Test Transcript, AI Summary & Key Points

00:01 Welcome back to Cryptos Are Us. I'm George. We're all George. Welcome to another market open stream. It's kind of like a light holiday today, so maybe less volume, less people overall, but we will continue. Uh, let's talk about Bitcoin. Let's talk about crypto. Let's talk about how we're facing a big test this week and everything else that's going on.

00:36 All right, let's do it, guys. Let's do it. Welcome, welcome, welcome. We're starting out a day under 83,000 825 and I mean that's basically that's where we are. We're going sideways a little bit on the lower side of the channel but still holding in the 80s which is very very good. And you can see we've been here for quite some time since mid August.

01:09 So it's about it's about two months. Okay. But still better than down here when we were in our 60s. Okay. And even better than over here when we were in the 70s. So we're holding above 80s. Uh we we had a little little selloff last week because of all the liquidations and some of the scary news that's still ongoing unfortunately. So let's see what happens this week.

01:35 But Bitcoin is in a holding pattern right now. And I've always said there's nothing wrong with that. Okay. less volatility, more stability. Not a bad thing as we build the momentum, right? So, let's see what happens this week. Uh, right now we're opening up, you know, pretty good, I guess. Uh, green for Dow and S&P, a little bit red for NASDAQ. Still early.

02:07 Now, unfortunately, I mean, Trump over the weekend announced that Russia and Ukraine came to agreement about not attacking each other's energy infrastructure. There was a truth in that, but I guess Sinsky now says no, Russia is violating that. So, who knows? Again, now it's now sounding like what's happening in the Middle East. You know, he said, she said like no, they attack.

02:33 No, they attack first. don't know what's happening right now. This this war just goes on forever. Forever. You would figure this would be over by now. How many years has it been? But it just continues to go on and on and on and so fortunate situation obviously for the people. But but for for markets kind of holding holding us back a little bit and obviously what's going on in the Middle East is not concluded either.

03:04 and uh and that's affecting oil, affecting inflation, affecting all these things that investors really look at. Uh so unfortunately oil is still high and going higher. There's more conflict at a Saudi airport. FAA is warning about travel. Um, so unfortunately the these macro stuff is still happening and isn't getting any better at this point. So this is what's holding us back.

03:35 But again, you look at things despite all this and despite there's one more rate hike coming up most likely in December, not this month, Bitcoin is still on its way up, still recovering and holding at this point, despite all the negativity still. So, pretty positive overall. Now, according to this article, Bitcoin's next move will depend on the bond market inflation report.

04:04 And when is that inflation report? Well, just so happens that's this week. We didn't have anything last week or the week before, I believe. But now we have two of them. CPI and PPI both coming out this week, Wednesday and Thursday. And these can move markets. Okay, they definitely can. So depending on if they're going to come in line with expectation, then obviously nothing's going to happen.

04:35 But if they come out really really bad, inflation skyrocketing and more than expectations, then obviously it's going to move markets down. But we'll see. Last few has been surprising. I think like they came in the last one I think came in in line with that. No, it was actually lower. I think the last two that we got was lower than expectations, which is good.

05:00 I mean, inflation is still going up, but it's just not going up as much as these economist uh estimates. So, we'll see. That's coming Wednesday and Thursday. Wednesday and Thursday. Now, as for ETF inflow, uh Friday we ended up with a negative day, but as you can see, mostly still green. Just a few days of red. That's okay. Uh ETH is not having a few days.

05:29 East had a whole week of red, unfortunately. Soul also, unfortunately. And XRP, not so much. I mean, some red, some green, but last week was not a good week for alts, let's just say. But, you know, not too bad for Bitcoin, though. That just froze my screen. There we go. So, yeah, ETF flows, you know, again, it depends on if the traders are worried, they're very reactionary, it's the word.

06:06 Uh, they like to sell and buy based on what's going on every day. So, that's why we see this. They're not like long-term holders, unfortunately. Well, I take that back. Most are because we got 57 billion in there, okay? Otherwise, if they weren't holders, you know, we wouldn't have anything in there. So, I take that back. Most are long-term holders, but some are still acting like daily traders, okay?

06:33 And they're the ones that that are going to end up not making as much money. It's how it always is. Now, Grant Cardone went on Peter Schiff's show, okay? Or or vice versa. I'm not really sure. Peter Schiff, the one of the biggest Bitcoin bears out there, still involved with Bitcoin somehow, even though he hates it. He didn't say anything negative with this clip, but Grant Cardone is kind of like the king of real estate at this point.

07:12 Uh he's he still calls himself a small potato. I'm sure compared to a lot of groups he's still relatively small but he's doing billions. You know he has like five or six billion of assets under management. So that's not chump change but he has converted to being a Bitcoin uh Bitcoin holder for years now and he's talking about how he just keeps buying Bitcoin with his cash flow, right?

07:37 rather than reinvest it into other real estate, he's actually putting a lot of it into Bitcoin. And then when he refinances those buildings, he buys more Bitcoin with it. So it kind of sounds like what Sailor's doing, but on a real estate level, right? And just building that that that stockpile, right, with his rental income, which is smart. He he he's come to the light.

08:06 His brother Gary has been in crypto for quite some time and finally converted Grant and now Grant is all gung-ho about Bitcoin. And there's nothing wrong with that. So good for him. And Peter Schiff still still will not say anything good about Bitcoin. Uh Sailor bought 250. 250 Bitcoin. That's very small amount compared to what he normally buys. He's been spending a lot more money on buying stretch back.

08:42 192 million. So, it's his way of stabilizing that price, right? Um, too bad. Not 192 million in Bitcoin, but whatever. Still going up and that's good. Uh what else? What else? Uh Bitcoin's weekly momentum flip positive and it doesn't happen very often. Last time it happened was when we were coming off from our last crypto winter bottom and that was when we fell to 15K.

09:25 We came up broke 20 something and that's when we flipped. The time before that you could see was when we were coming up from our 2018 bottom which Bitcoin went down to like 3,800. So it doesn't take a genius to figure this out by looking at this. My camera kind of cuts it off, but this kind of opportunity doesn't come very often. All right. You have to wait years, years upon years for a crypto winter to happen and then for recovery to happen after that.

10:01 And you could see that's exactly what's happening now. So this is one of those golden opportunities really if you've been staying sidelines or or you've been holding and you're just wary of everything. All right. This is one of those rare opportunities to load up and watch the gains come to you. Okay? And it has not been disappointing. Every single cycle, Bitcoin goes up now by at least 3x, 4x.

10:39 And now with institutions involved, FOMO could be a lot more ferocious than before. So looking forward to that huge recovery. Um you know shortterm we still have this right holding basically where we are. We have major resistance right around $87,000 that I've showed you guys that a lot of sell walls a lot of liquidation walls everywhere around there.

11:06 Right? But after that next level the magical six figures. Well, well, we have a couple levels in 90s, but we'll be moving pretty quickly to get back to 100,000. That's going to change the game. It's a big psychological thing. You guys know that the first time we passed it, it was crazy. Okay, so this time around should not be as crazy, but again to say Bitcoin at 100,000 just feels different than saying 80, you know, 84 or 86.

11:45 So, uh, yeah, here's something else, too. Same thing. Same thing. Just rehashing what we went through with the last cycle with Crypto Winter and now and what's at stake. Don't miss out. All right. Outside of Bitcoin, what else is there? Standard charter launches custody for Ripple's RLUSD. You don't really hear a lot about that. That's Ripple stable coin.

12:23 Um but Sam Charter is launching custody but are they using it? I don't I don't know. I I think there are a lot of financial institutions and banks using it. Um and it's all running on top of XRP ledger. So you do need to pay for gas fees. So overall it helps. But I I don't know. I I don't hear a lot of news about that about adoption and stuff. But we'll see.

12:47 And Ripple recently just invested in Canton, which which people thought was a competitor to XRP ledger, but they invested in them. So Ripple may be diversifying and branching out. Uh, unfortunately, we're still hearing last week I talked about how Ledger was talking about how you bought from this guy Cryptob Billies or something. You may have contracted some kind of backdoor or something.

13:23 And I did see people come on X saying they lost a lot. There's one person that I saw said he lost like $5 million. Okay. And then there's some controversy because some company bought like this crypto billies or something. I don't know the exact story, but some company bought them to make them not reveal what happened or something like that. So it's it's kind of nuts.

13:50 It's kind of nuts. If I was Ledger or Treasure, right, I would not not going forward have any like third-party distributors really just force everyone to buy from from from myself. Why? People could go on ledger.com and treasure.com and buy the devices very easily. Why would you risk sending all your devices to someone who can open it up, install something, repackage it, and sell it?

14:22 And we and this is actually not the first time we've heard this. Early on in in early days, I've heard people say the same thing about like buying from Amazon and stuff um from third party on Amazon, not Amazon themselves. So, this is not new and I still don't get why they do it. It's too much too much risk. You just don't know. But anyways, unfortunately that happened.

14:51 You got to be careful if you're buying a a wallet or downloading wallet. Just you got to be sure where you're downloading from. If you're go download Phantom wallet, make sure you're going from go to Phantom. You don't go to like a third party website to download Phantom wallet, right? Same thing with if you're buying Ledger, go buy it from Ledger. Don't don't try to buy from a third party.

15:12 I mean, there's no point no point. Why why take that risk? Uh, Sooie invests 30 million in data network as AI data protocol migrates to SooI. Zooie has a lot of things going on. They're coming out the new chain. Uh, their data network. What what what is it called? Um, no, they have they have another Walrus. That's what it is. They have another they have another thing another platform Walrus that not a whole lot of people are talking about.

15:51 Uh but basically this brings their data this uh this data network data to Sue and Walrus and they're expanding into AI which is good. I don't know what they're gonna do with that. I I I don't know. I still don't hear about any really creative AI projects out there. Okay, obviously there's some in deepen, but like really creative stuff. Not so much. All right, that is it.

16:29 NASDAQ is trying to recover. I'm looking at my wall watch list and you know like Micro Strategy is up today. I got to fix this. Micro Strategy is up like there we go like 1%. Uh ETH is up like 1%. Soul's up. Well, no, now it's not. Well, it's up a little bit. There's something screwy with this. Uh up 73%. So today is like a it's a light volume day. It's kind of like a half holiday.

17:13 So light volume. We'll we'll take it. We'll take it. All right. But outside of that, uh, you know, those of you guys that are on Clashpad or not on Clashpad should be aware that the sole rewards is now up to 1,400. Things are escalating and increasing. It's quite a lot of rewards and we're only in week three, not even a full month. So, think about that.

17:47 Okay. a lot of great projects. And over the weekend, I did launch another one, Front Line. So now there are two officials. Okay, CWD and Front Line. And I'm getting ready for Front Line season two, and it's going to be crazy. Those of you guys that have been playing it with our tournaments and just playing casually, it's already a great fun game, but obviously not at the level of Call of Duty or Battlefield, but we're going to close that gap with season 2.

18:22 And we're going to make it even better because it's going to be customizable and you can utilize your FPS currency for a lot of stuff. So, I I'm gonna give you guys a little preview of what's going on. So this is the new loadout page. So with season one, we didn't really have a lot. You know, there were some guns, some things that you can obviously configure and level up to, but there's going to be a lot more.

18:50 And everything from visual quality to the soldiers movement to the maps to what you can do to customization, okay, is going to be absolutely insane. So, for example, you could have badges, you could have stickers, right, that you could configure, and it's just really, really cool. And this will be in game. So, you would configure all this right before you play a game.

19:22 And you can just, there's so many things that you can do to customize the colors, the mass, the guns, the sleeves. Okay. Obviously, your weapons and also a lot more other things. I mean, it's it's going to be good. It's going to be really good. And then we're going to have a store just this is still a preview, so I'm still working on some stuff, but you know, store for different guns, different color guns, you know, different things, masks and stickers and all that.

20:00 And this will all be linked up so that you'll be able to purchase with your FPS token or even soul, but soul is going to be a higher price and whatever is collected in soul will basically be converted to FPS. So either way, it's going to be helping this token. And just a preview of what the maps will look like. This is a new one that we have that's set somewhere in the Middle East.

20:29 Looks absolutely gorgeous. Here's another one, you know. So, the the visual quality and we're going to have a lot of like cinematic cutscenes and just everything. It's it's going to be like a crazy thing. It It's people that played Front Line one and season 2, you're going to be blown away how good it is. So, that's why there's a new token FPS. And then I haven't thought about how to do the tournaments, but we could also do really big tournaments, prize tournaments with FPS token, and that is going to be coming up too.

21:08 Uh yeah, and then as for Clash World, I don't have any new updates, but some of you guys may not have seen some of these screenshots that we've posted already, right? So, this gives you kind of a glimpse of like how vast things are, right? The visual quality is really good and I'm still improving and I'm making the map huge. The map, those of you guys that have played GTA 5 know how big it is and GTA 6 is even bigger.

21:36 The map that I'm working with is roughly the size of GTA 5. So, it's going to be an absolutely huge map based on a certain city after you play it. And uh and it's going to be maybe the greatest game of all time because there'll be so much in there that you can do with your CWD token and there's businesses that you can run and things that you could purchase in game and just overall what you could do with it.

22:12 It's going to be nuts. all the things that GTA 6 are not going to have like crypto integrated AI integrated uh I don't know building building destruction um you know the ability to make real money in the form of digital currency in the game stuff like that go be light years ahead good stuff guys I'm very excited very excited in these All right, let's do some Q&A.

23:21 Sorry, I was in mute. Someone says, "Sounds like redder ready player one." Yeah, it's kind of like that. It's kind of like that. I have some cool ideas. Um, basically, you'll be able to live in there forever. You know, if you choose to be in there forever, you can. There's going to be so many missions that you can do. It's going to be online, obviously.

23:44 It's going to be part of it's a persistent world where other people are going to be in there and there'll be many missions, but also I think a lot of people just enjoy being in there because they want to make money. Um, and I got to figure out a way. It's not going to be like Axi or anything where it's just like never ending inflation that never leads anywhere.

24:06 So, it's it's going to be done well. It's going to be done well. I'm working on all these games solo, man. I've learned a lot along the way. I built engines to help. Like, I just built a a NPC creator for for Clash World. So now I could take any photo and make a 3D MPC that actually looks pretty darn good inside the game. So people a lot of people are talking about like GTA 6 leaks, you know, showing like Lucia and all these other guys and how they look so real and how the beach is so populated with stuff.

25:02 I'll be able to re recreate that with any picture and I could generate pictures. Here's the thing. You could generate realistic pictures of people and then make that into 3D models. So, I'll be able to have just as good NPCs as GTA 6. So, I just built that. I built a car maker um where you could basically take any pictures of cars and make it into 3D models, too.

25:31 There are a lot of stuff that I built and even for a front line like that's just to get the soldiers to move properly in a formation, the way they look, how they hold their guns, the you know the the the you know how they strife and bolt and all this stuff that see none of it is wasted because all that that I'm I'm doing for front line is carried into Clash World because if you kill enough police in Clash World then obviously swap comes and if you kill enough SWAT then the military comes.

26:04 So everything that I'm doing in frontline will be carried into Clash World too. So that you know if it goes crazy you're going to have to f fight the military and then that's where you see all the cool stuff. So nothing is wasted. Everything everything I'm learning is being used again in another capacity. And there are a lot of optimizations I've done in Clashworld that is now being put into front line too.

26:43 So it it's just really cool and it's it's it's really cool. I'll just say that. Rocket launcher in uh in front line is going to be a game changer. There'll be destru destructible walls. There'll be things that explode. Um that's also pretty new. And then grenades also can destroy walls, objects. There will be fire, which hasn't been in the game. Fire will be a new thing now.

27:30 So, a lot of a lot of cool things. And by the way, this is what this is what the soldiers go look like. Okay, so when you're playing, you know, front line one right now, it looks good, but the soldiers are a little fuzzy, kind of generic. The new ones that you'll be playing are this quality, like 4K quality. Uh, so it's going to be very different. the way they look, the way they they move, the way they feel.

28:09 It's gonna be like a real a real first person shooter. Very very exciting. Very exciting indeed. Is there any way to get Ledger tokens back? I lost my tokens two years ago. Police told me they couldn't help. No, there is no way. Unfortunately, that's what happens. I don't know how you would lose your tokens on your ledger, but yeah, once it's gone, you're not going to get it back.

29:16 Put some hippies in there to balance it out. There will be there'll be homeless people. There'll be business people. There will be people on the beach. There'll be people in business districts and residential area. the the map to Clashworld is enormous. It's a whole city. There'll be a a park, like a huge park in there. There will be a airport in there.

29:40 Uh several several districts. Uh we're going to have a train in there, a L train. Um there'll be water, so there'll be boats. Like basically everything that you can do in GTA 5, you'll be able to do in Clash World and I'm incorporating GTA 6 features like the updated graphics and so forth and adding a whole bunch of other cryptoreated features that it does not have.

30:14 Example, like if you go to a ATM or a bank in Clash World, you'll be able to trade real crypto. It'll be a swap, right? So, if you need to buy something, okay, you go to a store and let's say they, you know, they only take Soul, for example, or they only take CWD or all these, you know, projects that's launching on Clashpad. Maybe they only want to take Baggie or GG or something, right?

30:46 and you don't have that. You can go to the ATM and swap your tokens to put in your wallet and then you could use it, right? Something like that. You're not going to get that in any other game. And you know, there'll be com, you'll have a phone with you. You could do direct trading in there if you wanted to. You could do sports predicting with Clash Picks.

31:08 You just pull it up right on your phone. I mean, it's it's going to be really cool. Really cool. Uh, is Dex Tools waiting to see the volume crates over period? No, that's not Dex Tools team is just they're uh they're very slow and they get distracted because it's like a group of them, right? They're making money handover fist. So, you got to realize from people that are making handover fist, they don't really care about a whole lot of stuff.

31:48 They're already making a lot of money. All right? They're making millions per year. So, what I propose to them is go make them more money. Um, and I hope they seriously think about it, which is just to put a launch token or launch coin on their site that leads directly to Clashpad. And I I will share like 50% of the revenue. I try to explain to them if they did that both they and the platform would be making hundreds of millions of dollars like no joke the revenue pulled in would be like 50 to 100 million in the first

32:26 year and that's that's money that they can't ignore. Um and we get that you know the flywheel effect to Clash will be astronomical like Clash will rise up to top 10 project. Um, so I'm hoping that they actually seriously like look at things. I have the data to prove it, but I don't know. They're go for it. That's what I'm trying. If we do get that is like the game changer.

32:54 Clash pad will be get bigger than pump.f Fun landmines at miniature aerial drones. We do have mines. Yeah, like there's like bombs that you could place. I already had that in place. I I never thought about landmines and I never thought about drones. Drones may be like a little bit hard to do in Clash World. Uh, drone. I saw a cool game, a first-person shooter that uses drones.

33:34 Like that actually could happen in Front Line. That would be cool. I do want to add more things, more advanced tech to uh to Front Line. Um, yeah, you'll be able to do like drone uh aerial uh air strikes. You'll be able to call for air strike, but maybe we could do like drone strikes instead or in addition to in front line. PUBG Mobile Battle Royale with ability for mobile and PC.

34:27 I mean, Front Line is already mobile, but you're just going to get destroyed if you play someone on the PC with a keyboard and mouse. You can play Front Line mobile ready, but like obviously the online controls with your thumbs are not going to be as good as keyboard and mouse. So, um, so that's I no one can make a mobile better. I mean, because like where you go do it's just not it's not going to be as intuitive.

34:59 Landmines won't be a problem, but you know, most of the games are faster, so I I don't know. Um, you know, we got smoke grenades, flashbang, uh, you know, we got the frag grenade, we got the molotov, that's going to be new, and that's also in Clash World, too. So, you'll be able to just like light things on fire and stuff. Uh, it's really cool. And more guns.

35:45 The P90. I really like the P90. Yeah, I saw that on X. There's this guy that vibe coded Hood Waterfare and it looks I I I I think he really just paid a whole bunch of influencers to like go nuts on it and maybe that that's what I should do. Like gaming influencers. The game looks cool, but uh it's not like so amazing because all these guys on Xers talking about how it's like better in Call of Duty and this and that.

36:37 It it's it's a cool game, but Front Line will be light years ahead. Well, I need testers. Sure. You have to be in Discord, though. You have to be in Discord. I'll probably get a few testers to test the game out fully. Um, I'm I'm to the point where I will make a really cool trailer. I've been seeing like a lot of like trailers recently. I mean, those gaming studios make the best trailers, right?

37:41 They make you feel like the game is the best game ever created when you watch those trailers. And then when you play, it's not like really that awesome, but the trailers make you feel like it's the best game ever created. I'm going to try and make one for Front Line season two. Um, I'm going work on that next. It should be I in terms of timeline, it should be done by the end of this week.

38:07 Everything should be done by the end of this week. The maps are all upgraded. There's going to be a new campaign mode, so you're actually traversing the maps. Right now, we have like basically practice tournaments and then you have like play now where you can just go right in and join a battle that's online. But I'm going to introduce campaign mode.

38:26 And it's going to be a lot. There's like 16 maps you have to go through and there going to be different missions, cutscenes, a lot of cool things. uh for front line. Yeah, maybe I'll have a tester or two there. There's no gaming that's going to be changed forever, right? With vibe coding, you know, I don't think people realize how how accessible um it is to just like create anything and you could reverse engineer anything now.

39:13 Like the whole Adobe suite got reverse engineered. So now you could have Photoshop and Premiere and After Effects and everything for free open source. And I'm curious to see what Adobe does because it's obvious they reverse engineered their software but then change the code. So can you really sue them for that? Who knows? like IP is basically gonna be non-existent.

39:37 So really you just it's all about marketing. It's all about traction in the future, right? So it's kind of wild. It's kind of wild. And you know like making GTA 6, you know how it took them like 13 years or something? GTA 7 is probably going to take like two years, one year. I mean, in fact, I'm making GTA 7 right now, and it's taking me like two months.

40:02 If I worked on Clash World for a year, it it will be better than GTA 6. Uh, but I'm not going to do that. Most of GTA 6 went into like they they created little pockets of their world, right? Like every storefront you could go in now. Like literally everywhere in the world, you could go like do stuff. You could go dirt racing or you could go skydiving or you could go on a boating adventure and every single place, every island, every crevice of their map has something, right?

40:42 That's what really took him a long time and that that is going to take time. But in terms of designing the world, how it looks, all the mechanics, the engines behind it, that could all be done very quickly within months. I mean, once once Front Line season 2 comes out, guys, I'm curious if you guys play it. And those of you guys that are like hardcore FPS guys, I don't know, like Battlefield 6, that's that's a new one.

41:21 And I think Call of Duty Modern Warfare 4 is coming out. Like it took these game studios years to make them. I think it's at least like three, four years between them and I I made Frontline season 2 in two weeks. So I'm curious to see the level. I don't I don't think we're going to be at parody. I don't think we're, you know, that close, but I think we're going to be pretty close.

41:49 It's going to surprise a lot of people. And if I'm able to do that within a month versus these guys doing it in years, I mean, just think about that. It's It's gonna be wild. All right. I think that's pretty much it. Today's a light volume day. A lot of people off today, I guess, or sleeping in. I don't know. It seems like a regular work day, so everyone should be up and about, but maybe not.

42:34 I almost didn't want to wake up today, but the US market is open, so I have to. All right, guys, that is it. Have a good rest of your day. Let's see what happens this week. probably come today, tomorrow, all the way until that big CPI report that's coming up on Wednesday. We'll see. We'll see. All right, smash the like, subscribe to the channel, go to Clashpad, go check out all the projects, not only FPS, CWD, but all the others that the community have created, and they're very active in Discord.

43:28 If you're not in Discord, go join our Discord. It's in the description. And uh and that's it. All right. Have a good one, guys.