BITCOIN: EMERGENCY STREAM!!!! BLOODBATH!! Transcript, AI Summary & Key Points

00:00 button. Oh yes. Oh yes. Oh yes. Oh yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is at 80K. People are freaking out because we actually went a bit below 80K. People are asking me, Ivan, is the bull market over? Are we all wrecked? Are we going to go back towards a new great and beautiful bare market? And I'm here to tell you that according to our rules, according to our strategy, not too much has changed.

00:28 We're still in the bull trend. When we are in a bull trend, we are bullish. Correct. We are still in a situation where we just had a year of bare, which means that normally after a year of bare, you don't want to be bearish. The time to be bare was last October, just as a gentle reminder. Now, what's important here is that we did have a scenario which would be super mega bullish where we just bounce off of this 82.

00:54 For now at least it seems that we are down and this is a scenario that we will probably have to downgrade as the most uh probable. Now the most probable is to find some kind of footing here and uh look at the look at the date. It's 26 now when is the midterm when 3rd of November exactly 3rd of November. Now it's a bit of hesitation what's going to happen to the midterm.

01:19 That's the biggest problem because should Trump start to lose power, we may have a bit of an issue with uh crypto, guys, with all of the deregulation with everything that's going on in crypto. Should Trump start losing power and for example get stuck in all kinds of investigations uh and not be able to focus on for example removing more rules for example getting away from the success of American business uh which he's he's been doing in a very good way.

01:50 I mean removing the SEC removing CFTC issues. You remember during Biden SEC was massively in the way. So there is a bit of concern how that's going to be. And as we see midterms pass, the path to bullishness is opening up. You want clarity. It doesn't even matter who it is that is elected. What kind of party gets more control. It's just about clarity.

02:12 We need clarity. Clarity act failed. You don't get clarity yet from the midterms. Only Ivan gives you clarity on the situation here each and every day. If you love Ivan clarity, smash up the like. Big big welcome everyone watching live. out to dub four times something yesterday and guys today we have a lot. We have a lot. Finally the new cycle is kicking in.

02:33 Yeah. Last week was a bit of a boring week but guys today we have a lot. We have all kinds of stuff. We have Brazil collapsing. We also have Europe as a concept kind of not really doing well because looking at for example car manufacturers you did see Volvo dropping uh 20 what is it 30% 30% uh on the stock market. So European cars doing very very poorly.

02:54 You have all kinds of things this week. For example, the Fed decision coming on when on Wednesday. You have yields at 5%. So what they decide is going to be interesting because they're kind of constrained by the market here. They cannot cut if they cut the the rates are going to fly even higher because there's going to be mistrust that the Fed has any kind of control of inflation.

03:16 If they raise rate, it is going to be issue also because the economy is already not doing too well. they're going to raise rates. It's going to be even worse. So, yeah, interesting to see what's going to happen. In any case, the solution is the printer in one way or another. It's going to lead to the printer. So, we're bullish hard assets. We're bullish Bitcoin especially after a a year of bear.

03:38 Next, look here. Uh this is the central bank super week. We have Fed, ECB, BOJ, um, BOC, Bank of China, all decide plus the first US, US Q3 GDP is going to be dropping PCE Euro area Q3 GDP and UK budget on Wednesday. Everything is coming this week. So, this week is going to get volatile, guys. It's going to get crazy. It's going to get it's going to get crazy, guys.

04:03 This week it's going to get crazy. And of course, people are worried. People concerned. They're asking me, Ivan, is game over? Arthur Hayes said that he's dropping everything. He's dumping ETH, he's dumping ENA, he's dumping Uni, he's dumping everything. And if you are in our beautiful newsletter, guys, please confirm. Are you in the newsletter or not newsletter?

04:23 Because yesterday we did send out exactly our view on the situation with Arthur Hayes and everything as it was coming out in real time. I did inform you in real time. If you missed that, go below and subscribe to the newsletter. very important because in real time, even when I'm in the bathtub, I'm in the bathtub, I can still send you a newsletter. I cannot go live from the bathtub, guys.

04:44 That that'll be too much. That would be I I don't even know if we're allowed to go live from the bus stop here on YouTube. But even when I'm in the bathtub and things are collapsing and Arthur Hayes is dumping, dumping, dumping, dumping, dumping. This is just a few days after he was bull bull bull bull bull bull bull. And I mean, the guy changes very fast, guys.

05:04 I mean the the guy changes extremely extremely fast. Just a few days ago he was bullish very very bullish. The moves comes just nine days after Hayes shared bullish views on Bitcoin and Ether. Now dum dum dum dum dum. So listen with Arthur Hayes. I love Arthur Hayes. We love Arthur Hayes. He's amazing. He's amazing and he's great. But he's great at one thing and that's entrepreneurship.

05:27 See everyone should be doing what they're good at. with Arthur Hayes. I can tell you as a founder, I respect Arthur Hayes. He is the best when it comes to founding. He did Bitmax. He did in professional contract. Fantastic. When it comes to his investments, guys, I've been following what he's been saying for the past uh three, four years. I mean, during the whole last cycle, he was quite vocal what he's doing.

05:51 And unfortunately, that has not been doing too well. You can chat with Grock about what he's been saying here and there through the through the years. But when it comes to the shortterm trading he's been doing, man, I mean, not too great. Not too great. And uh following what he's doing, maybe it works for him. Again, what he tweets versus what he's doing.

06:09 Actually, no one knows. But just what he tweets, how he's buying, how he's selling, how he nine days ago was bullish, now he got another gut feeling. Uh I I don't personally I'm telling you what I'm doing personally. I I don't follow. I don't follow. Maybe you follow. Maybe your strategy is to follow what Arthur Hayes is tweeting. I don't follow. It never helped me because I remember you know back in the May 2022 2021 when did he start investing in this himself after BitMX some somewhere there it was it was 2021 2022

06:37 he started to uh put out his thoughts about the market and how he traded short and listen long-term thesis great everyone loves Bitcoin I mean we're also long-term everyone long-term bullish Bitcoin in this industry okay and we all know that long-term we're all we're all correct no need to discuss that we're all correct long term Arthur Hayes is correct longterm I'm everyone's correct but this you know, this this short-term stuff you post.

06:58 I tried following back in the day. I I I everything got wrecked. And I'm not blaming him. I'm not bl I'm never blame him. I'm blaming myself for following some guy on freaking Twitter telling me what to do. Okay? That's the number one thing to blame. That's your own brain. When you just follow someone on Twitter, your own brain fs you up. FS up your portfolio very very badly.

07:20 And that's why we have this disclaimer. This disclaimer, it's not just, you know, something that I show and, you know, just because I have to. I really want you to pause and become one with the disclaimer. Read every word and pause and consider what these me what these sentences say. What are they saying? They're saying that crypto and trading are high risk.

07:40 Results are not typical. I may hold assets, I discuss, and if you copy me, I may not tell you when I sell because I don't live stream 24/7. I cannot live stream from the bathtub. Affiliates are in the description. Could be currently not. But if you go sometimes we have this is entertainment. Entertainment and education. Is it financial advice? No. Is it entertainment?

08:03 Yes. Well, at least some of you guys think it's finance. Fantastic. Fantastic. Smash up the like, subscribe to the channel, and go to the newsletter. If anything goes, go to the newsletter. Go. You're going to love the newsletter, guys. And also, you know, we are re-releasing our book Big Profits because we we we cannot have the name Big Profits, guys.

08:26 I cannot run the ads for the book. You remember I told you the reason why I need to rename my book and kind of re-release it is that when I try to run ads for Big Profits, we get our all our ads get banned because Facebook and Google, they think that it's a scam. They're like, "What is a big profit? Get out of here. What do you mean big profit? So, we're going to rename it.

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09:10 So, yeah, go to your newsletter as soon as soon as possible. Guys, let's look at the crypto bubbles. What do we see here? the green green crypto bubbles. Now, surprisingly, many of them are green and many of them haven't even lost too much. In fact, as soon as Arthur I mean just an example, as soon as Arthur Hay sold his ENA, ENA started to pump. Guys, I don't really understand this uh trying to optimize too much now because ENA I mean look look at the chart like the chart is quite good.

09:38 We just broke above this now we're retesting the ch the chart is quite good. Let's see how it will be. But we're bullish in a bull trend. We're bullish in a bull trend. So, INA, I mean, up 9% since since a day ago. You have near green. I mean, everything is up since yesterday. Everything is up since yesterday. Most things are up since yesterday. If we look on the weekly, most things are wrecked, but not all.

09:59 Not all. Look here. Zcash is up a bit. Zcash is up a bit. Let me know if you love Zcash. It's up a bit. Uni. Uni. Uni. What's happening with Uni? Uni is slightly up. Um, looking at everything else. Yeah, I mean, since a week, let's see. since a week here. What else? Uh Pepe up a bit. Everything else is quite right. Dash. Dash. Let me know if you love Dash.

10:20 And on the daily, ENA up, P up, uh Orbitum up, hype slightly, slightly slightly. But guys, yeah, the week is just the beginning. It's going to get crazy. It's going to get I think it's going to get quite intense this week with all of the news. And let's let's see, by the way, what's what's going to happen to the hacking? The hacking stopped during weekend.

10:36 It's very considerate of all of these you know AI agents that they don't hack during weekends because last week we had so much hacking like half of the internet got hacked yesterday with the PHP with that SSL certificate there was so so much hacking railway everything got hacked but during weekend I think it was quite considerable of AI agents to take a bit of a chill pill during weekend during weekend the AI agents relaxed and maybe they also need relaxation because during weekend, nothing got hacked.

11:07 Now it's Monday. Let's see if a agents are back hacking because that that's a big question mark how it's going to be with uh with the cyber security. Will we see internet lockdown? I know it sounds crazy, but it's not too farfetched in case like literally everything starts getting hacked. There there is there is a chance I mean there is a possibility that uh there's going to be some sort of lockdown in the internet.

11:31 Obviously impossible to say what's going to happen because we've never dealt with anything like this. But let's say banks are get to get hacked. Let's say you have all kinds of things going out of control. Uh what will they do? Will they try to shut down different systems? Probably. Probably. Uh and uh that's the biggest story overall. How are we going to be dealing with all of the AI hacking?

11:56 Because it is accelerating and it is accelerating uh quite a lot. So uh look here you have Crowd Strike CEO. He's of course the CEO of a cyber security company. So he has a bit of an interest to be dramatic here. But uh it's also true what he's saying that nowadays hacks happen that normally would take like a nation state and today you can just use an LLM and that's it.

12:17 Listen to this. >> So So George, walk us through not to doomsday but what are some downside scenarios or examples of things that could go wrong? Well, what can go wrong is a lot of what you've already seen and reported on. You know, you've got data breaches, you've got ransomware, you've got the ability to steal trade secrets, you've got disruption.

12:39 All of the things that you have been reporting on, we've been talking about, you know, myself on your network for for many years. That is now all possible. But with AI, it's it's actually just democratizing who can do this. We wrote a report on this and and we're seeing many different adversary groups with very low skill now able to conduct nation state level attacks for basically the cost of tokens and a prompt and that's the scary part.

13:09 >> So so George walk us through not to doomsday but what are some downside scenarios or >> so what he's saying here basically is that it's only the beginning and there are many people that are saying it's only the beginning. We have here Nikita Bureau coming out saying the perfect storm is frontier models finding obscure security vulnerabilities at breaknet pace while voice models become indecipherable from human speech.

13:30 When a model hits a roadblock it will just spoof caller ID as your bank and call you pretending to be your banker. And what he means here is that Jack Dorsey and his company they released a new model that is only trained on speech. So they only trained it on speech, not text. And man, it speaks uh scary. It speaks scary. Look here. It's called Desa.

13:54 So Desa is this AI. >> Hey, how you doing? >> Yeah. How you doing, Ronaldo? >> I'm good. >> How you doing, Ronaldo? >> I'm good. I'm good. I'm I'm not Ronaldo. You're mixing me up with another guy. >> We got >> No, I'm I'm de man. I'm not Ronaldo. No, you're not, Ronaldo. >> No, I am not. How you doing, man? How how's it been? >> Man, I'm doing good, bro.

14:23 I ain't going to lie. I'm tired, though. >> Yeah, this is going to be quite insane. All the boomers, many of us are boomers, by the way. I mean, I I start to see myself also a bit as a boomer in some regards. But man, they're going to get fished. Holy crap, they're going to get fished. Oh, they're going to get scammed. They're going to get fished. If anything, you should inform your elderly family that, hey, listen, phone call, don't trust.

14:47 Don't trust. There's going to be quite yeah, quite some scamming going on here where, you know, you get a call, it sounds like your family, but it's not your it's AI and they want monies because something is urgent. Some kind of thing has happened. They need urgent urgent money to to help out. as an example. Listen, we are entering uncharted territory here in ways that um that uh no one has seen.

15:10 Each and every day some kind of hardware wallet gets hacked. Keystone leaked all your data here. Um yeah, they said we owe you apology. Everything exposed. That's it. Game over. Game over. They say that the scammers may pose as by phone, text, email, or mail offering refunds, replacement devices, or fixes for your order address. None of it is from us.

15:31 They also can come to your house. Why? Why don't why why they just uh write the the the the the small things here? Yeah, scammers may reach out by phone, text or email or they can also come to your doorstep because you exposed shipping address. Okay. So what what's the problem? Why don't you if you say that uh scammers may call you or text you, why not spell out the other thing which you forgot and as that they may turn up on your doorstep.

16:08 So um yeah, we're entering now this weird world, exciting world. At the same time, we're kind of not prepared. I don't know if the world is prepared. So having a bit of cyber security if you are in Bulmania you are already in in cyber security in one I mean at least you've heard about it because we've been discussing for quite some time but uh crowd strike is one of them which is uh yeah bull trend since here fantastic is the guy the CEO we just uh heard let's check cloudflare how cloudflare obviously is going to be

16:45 massive here cloudflare is going to be massive massive massive still bullsh kind of like cloud Crowd Strike still trend. Fantastic. So, Cloudflare, Crowd Strike, Cyber Security, it's so needed. So needed. Now, everyone's going to be rushing to get cyber security. A bit of that cyber security. Uh so guys, uh if we are to wrap up the the the crypto part, uh we we just follow the plan, man.

17:08 We just follow the plan. We're humble. We just follow the plan. It's bullish. We start to accumulate here below the 200 week moving average. We're bullish. Arthur Hayes bearish. Uh, you also have Benjamin Cowan. Big shout out. We love Benjamin Cowan. He says bears regaining control. Uh, yeah, maybe some short-term control, long-term bullish. We're bullish.

17:28 A year of bar has passed. We accumulated a bit below 200 week then now bull trend. So, I mean, we just follow we just follow the strategy what other people are doing. Fantastic. Fantastic. And uh you should have your own strategy also. I mean you should have some kind of understanding of um what you're doing in what kind of scenario. problem is that most people they let's say they listen to me, they listen to Ben, they listen to Arthur Hayes and then ah in in the brain is just uh it's a porridge.

17:56 It's a mush. It's a mush. You just do your gut feeling. You don't know anything. You have no strategy on anything. So I'm just telling you have your own. Have your own have something of your own. And so the best thing with the mechanical rules and what we teach in Bullman is that no matter what happens, you're okay because you have stop loss, boop, stop loss hit.

18:16 No problem. No problem. We don't know the future. No one knows the future. I don't know where business is going to go. We only have probabilities and we position based on probabilities. Should the market go against the highest probability scenario into some low probability, boop, stop loss hit, good money protected. We're all about protecting the money.

18:33 All strategies we teach in Bulmania have money protection built in. It's very important because you know if you lose let's say you lose 30% of your capital you need like 40% 40 50% to to get back and it's losses they they're hard hard to recover so always put that capital and then see how we can write the big beautiful trends moving on guys moving on we have a an interesting story here with full page ad in Wall Street Journal against tokenized equities so this one is interesting Because you remember that games, was it

19:10 GameStop or was it AMC? Who was it that complained that Robin Hood tokenized their stock? I think it was either AMC or GameStop. But anyway, here is their side of the story. Here's why the CEOs don't like sometimes, I mean, in some cases, not always, but some of them don't like that there's a tokenized version of their stock that they did not uh approve of.

19:33 So for example, the risks, pricing disparities, token prices will likely diverge from your true share price, stalking investor confusion and volatility, obscured ownership. Tokens may obscure who ultimately owns your stock and impair your ability to communicate with shareholders. I mean, it's all fair. It's all fair. Just, you know, a new world where all of this has to be fixed in one way or another.

19:54 But it's fair if you have a token holder of your stock. Before you could speak to your shareholders, now you can't because you don't know. Maybe it's Kim Jong-un. I mean, for all you know, it could be Kim Jong-un. Impaired capital raising shifting volume from real shares to tokenized tokenized replicas may impair your ability to raise new capital. Yeah, this one is also true.

20:13 This this one is fair. I mean, normally if you have a stock, you could use it to raise let's say debt, you could um I kind of what Micro Strategy is doing. Their whole business is around milking their their their stock. Okay, raise more debt. based on it, do all kinds of stuff or sell it and then buy some pay back the debt etc. So when your stock doesn't have a liquid market and the market around your stock is kind of non-existent all of that becomes very hard if not impossible.

20:46 Now on the flip side you have the tokenized versions where you could possibly achieve the same thing if there are liquid and the deep markets and tokenized version possibly but obviously it's a bit of a different thing. Now you what you could do before that everyone understood just uh around your normal stock you cannot do. So that makes sense. Cyber theft hackers may steal tokens from your investors exposing you to novel legal and repational risks.

21:12 You have some investor who has his ledger drained. Kim Jong-un has the coin. Now you have to like remove the coin from circulation I guess and figure something. Next market manipulation. These venues will operate outside the SEC SEC cross market surveillance and transparency frameworks. Um, yeah, I mean to some extent true is DEX is Dexus and now you have your coin paired with a freaking memecoin and digents are trying to pump it.

21:38 AML KYC loopholes, lack of investor protection, core SEC and thin safeguards including the best institution framework do not apply. Legal liability if you don't opt out, you could be held liable for anything that goes wrong. Uh so basically now the SEC has given the CEOs the leadership the management of these companies a way to opt out and it is true if you don't opt out and something bad happens and US management allowed it to happen you could have a bit of legal risk.

22:03 So yeah does this make sense? It's interesting to see you know the other side of the story. Uh I I can see both sides here where let's say you have a company you don't really give a f about this crypto you know sorry for the French but now you have this crypto division you're just trying to build your company you don't want to deal with this crypto you know cluster duck that is going on where you are you're trying to build a business here we're trying to build a business and then the crypto tarts go and you know the f

22:32 with our shares and we don't want to deal at all with I don't want to imagine I'm a like successful boomer running some kind of company and I don't want to do anything with crypto. Okay, I don't want to learn this crap. I don't want to get out of my face. I can see I I can see that side of the story also. I can see that side of the story because it is new for them.

22:57 But here's the thing. Let them I mean let them opt out. Let them opt out. There's no problem in opting out. Let them opt out. Let let them absolutely opt out. and uh uh let the companies that opt in get something from being tokenized. What are the benefits? Maybe it is that you have more uh holders. You maybe you have even deeper market. Maybe you can raise even more money because now your markets are even deeper and more liquid etc etc.

23:20 So the market will just have to show itself. We the tokenized stocks, they will have to show why are they so good. And companies that allow themselves to be tokenized will either reap the rewards of blockchain of the blockchain technology of the blockchain revolution or maybe they just going to waste time and it would be better to not tokenize. So let's just as the market find out.

23:47 Obviously we in crypto we would love for all of that to be tokenized. It would be great if you just can buy any stock in your Phantom wallet or Metam Mask. It would be fantastic. Fantastic. So, but listen, we are. You see how fair we are? Some people say, "Ivan, you're a cryptomax." I mean, not sometimes we're bearish. We're very fair. We're very humble and we see the the the situation from all different sides.

24:05 No one else is really doing that or at least not not that I know of. Who is both humble? Can see things correctly, at least in many ways. With risk management, we can see correctly any situation. Even if we're wrong, boop, stop loss. Boop. Fantastic. And also we have a bit of journal journalistic. I'm not a journalist, but we have a bit of this 360 view.

24:26 As you can see here, we're getting you the 360 view. All the journalists, they say they're going to give you 360 view. No one gives you 360 view. Only Ivan gives you 360 view and Ivan gives you clarity. Fantastic, guys. Smash up the like. Smash up the like. Subscribe. Next. Next. Uh, we have what else we have? We have um um Oh, yeah. This is from Quao Quido.

24:48 Not sure how to pronounce, but I love him. Not only am I not worried, he says, about the crypto community's ability to handle the upcoming AI quantum threat, I will venture to say that in the next two years, the world will realize crypto is far better prepared for it than the rest of the internet and finance. We've had trillion dollar irreversible honeypot for for a deced system and adversarial security culture than pretty much anywhere else on Earth.

25:18 True, true, true, true. Very, very true. So, all in all, guys, our plan is uh is our plan. We're bullish since below 300 moving average. Bull market is here uh until further notice. I mean, should we go to bare trend? Okay, it's bare trend. But we don't change the system. We don't uh become worried or concerned because Bitcoin went down. How much it went from the high?

25:42 It went Yeah, I mean it went 8% from this high. And by the way, just a few weeks ago, it was here at 74. I was telling everyone in the newsletter to uh relax to relax to relax. But at the end of the day, guys, everyone decides what they do their own. If you feel super worried, I mean, okay, sell. What do you want me to sell? Sell. Sell. Sell. GTFO. Sell.

26:07 I mean, what do you want? What do you want? I'm telling you what I'm doing. What you do? You do. You do. Read disclaimer. Pause and become one. Very important. Become one with disclaimer. Very important. Yo, dab. Exactly. The greatest humble person in the world. Yeah. So, um, what else? Brazil, guys. What's happening in Brazil? You, you guys are dumping because Lula is unexpectedly reelected.

26:37 Some mail in ballots people say came in, but it's a big problem. You know, the socialist, the markets don't like the social. Let me see yourself. Uh, you should have capitalism, no socialism. You should have a free market. You should have zero or low benefit. I mean, you should be benefit as low as possible. Should be capitalism. It's very important.

26:59 Markets love that. Obviously, protect the weak this and that, but you cannot go too far in either direction. Europe, for example, went too far. Went too far. You can be anyone. You can you can get free money. It's very bad. Very bad. Obviously, some kind of middle ground needs to be found. But u uh you you see the stock market, they don't like Lula.

27:16 Lula, what's happening? And by the way uh with what happened? What's was that happened? Since US aid was removed, the right-wing guys start winning Latin America except in the in this situation, I guess. But I think I saw something like that that since US8 got removed, all of the capitalism guys start start to win less than America. I don't know if that's true.

27:41 I mean, that's just an anecdote I I heard, but um quite interesting. Uh but now Lula, he's back. He's back. So, uh guys, let's go to Q&A. Um we have a big week. We just have to see how it all unfolds. Oh, I thought this was interesting. This was interesting, guys. The Bellarus Bellarussian Ministry of Foreign Affairs is very concerned with what's happening in European countries.

28:10 Deteriorating travel advisory to all Bellar Russians, deteriorating security situation in several European countries. In light of escalating unrest and mass protest, the Ministry of Foreign Affairs of Republic of Bel strongly advises Bel Russian citizens against non-essential travel to France, Belgium, Italy, Spain, Portugal, and Albania and recommends postponing or cancelling any such trips if possible.

28:35 There you go, guys. There you go, guys. very dangerous places. But I mean there's some truth in that. There's some truth in that. If you are from Paris, let us know. Is the situation unfolding or it's defolding? It's like escalating, deescalating. What's happening? I saw, by the way, during weekend that police stepped in and started to do their job in France.

28:54 That's very good. That's very good. Too late though. Too late. I mean, I would do it. Boop. I would do it in the first millisecond. We'll have big police everywhere. Would clean the street. would have the most beautiful Eiffel Tower with no scammer scammers around. You know, in the Eiffel Tower now, now you go to Paris, what's happening? You're going to get scammed.

29:09 They're going to sell sell you this fake uh Eiffel Tower. You know, it's some, you know, subsaharan dudes there selling you fake. Guys, if I would be Macron, oh, we would clear up everything so fast. And it's interesting because none of them obviously pay tax and they're in the most visible place in the world. If you're a Frenchman and you don't pay tax on your business, you're going to be in jail very fast.

29:31 This guy selling fake Eiffel Tower around the real Eiffel Tower, there is no tax, there is no nothing. What's happening, man? We would we would be the harshest. We would have police there. Click, we would basically do El Salvador. Okay, now I'm not French. So, unfortunately, even though it would be amazing, I cannot really take that position, but we would do El Salvador there very fast.

29:50 We would do Boule. We would do Boule strategy. Get everyone out. get in clean because you know you come to Paris, you want to experience the 1800s, you want to experience the culture, the literature, the great French literature. And these guys, they're kind of killing the vibe. I mean, you come there, you see the architecture. Great. You want to experience your Dartanyan.

30:11 You're the freaking Dartanyan. I'm here. I'm I'm Dartanyan in three musket musketeer. Where is Paris? Here is Paris. And then what is this? What what what is what's happening, guys? What's happening? What's happening, guys? What's happening? I don't want to experience, you know, heart of darkness. If I want to experience heart of darkness, I we go somewhere else.

30:38 Here, I want to be French 1800s. Okay. Heart of darkness, we go, you know, we go there in the in the in the continent. But I want to experience 1800s. I want to, you know, enlightenment. Enlightenment. But no man, it's it's a reverse. It's a reverse by the way. So speaking about France, what's happening with French debt? What's happening French that f France French yield?

31:11 Because the market doesn't like all of this protesting, guys. The market does not like the protest. Oh guys, guys, what are you doing? What are you doing? I the Eiffel Tower do not exist in Dartanyan times. Okay, it's fine. It's fine. Uh all the other literature, you get the point. I will be Dartanyan there in in in the in the middle. But now you cannot even be you cannot even be.

31:34 Guys, look here. Oo yo, your debt guys, your debt, you're paying a big interest for your 10-year yield for a 10-year bond like how you going to raise money? You have so high tax you cannot raise tax. You cannot cut benefit because you're going to get big problem. So yeah, the market is basically saying, guys, you are cooked. You're cooked. You need a bailout.

31:55 The ECB will have to step in very fast here, very fast. Uh the ECB is going to basically save France because it's worse than Greece. It's worse. It's very bad. It's uh it's worse than Greece when Greece had issues. Okay? Because Greece, you know, it had maneuver. It had a bit of maneuver. France has no maneuver. It's the highest taxes in the world. It's the lowest safety.

32:17 is the it's very bad, guys. Very. Yeah. So, let's let's see what's going to happen. Let's see what's going to happen. We don't know. Let's see what's going to happen. I'm very interested. That's why I love, you know, being in crypto. I love being in financial markets because you become you know what's happening. You know what's happen. This this affects of course the market.

32:32 So, it's very interesting. I'm very interested how it's going to be guys. How you going to fix it? So, yeah. Good luck. U have fun. Hey, if a majority of of stocks of a company gets tokenized and Kim Jong-un hacks and gets all of them, does it mean Kim Jong-un has a big shareholder? Now, I mean, u technically they can always cancel the tokens. Probably in the in the terms and condition of the token, it says you cannot be Kim Jong-un.

33:04 It probably says you cannot be Kim Jong-un in the terms and conditions. Uh, but what happens if it's unknown? I mean that's what they're speaking about. The biggest risk is that let's say Kim Jong-un has the coins but it's just unknown. No one knows because no one knows the KYC. Of course if Kim Jong-un says guys I'm the shareholder. He shows up there in Apple Certino.

33:28 He's going to show up as the biggest shareholder. Obviously all his shares are going to be canceled. But what they're speaking here is that all of the speculation let's say it's unknown but there's a bit of speculation. Maybe it's Kim Jong-un. And for a company they imagine you're a big company and and maybe there's a bit of speculation that is Kim Jong-un.

33:44 So what do you do? I mean you can try to get those those tokens canceled but you don't even control it because you didn't issue the the the the tokens. So then the it becomes who cancels the shares then? Okay. Because if someone cancels the shares and it's a legitimate shareholder they're going to be sued. So it's a very interesting very interesting new world.

34:02 I'm telling you we don't have the answers guys. I'm not here to give you the answers. I don't know the answers to it. We're just here to see from all the perspectives and obviously it's a it's a big big question. Uh now guys, Elon Musk has come out and said that the AI new cloud fito. That's why let's actually see what's happening here in the NASDAQ.

34:22 Oh, we're actually up a bit. That's good. That's good. S&P also going to open up a bit. Fantastic. Fantastic. So yeah. Um but uh the problem is here that Elon Musk is saying that all of these new clouds u venito as the uh as of the past few weeks that marketers have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers.

34:48 SpaceX closed 40 billion of that for GPUs but we're investment grade and have Starlink and launch revenue. That means the 200 plus new clouds are going to see a gapy level death and cons consolidation. Some will make it though but not many. True. True. The uh financial markets don't want to lend to uh new clouds. Okay. They don't also don't want to lend to France.

35:12 A bit of drama with pampan. They are sued and because he Allan the founder said that they're kind of doing gambling. You can pause. You can read. I mean I I don't know how much news this is. Everyone knows that uh pamp gambling. Um that's it guys. That's it. Let's go to Q&A questions, answers, debates. Um and yeah, if you are in Bulmania, uh right after this, we will be doing our weekly TA report.

35:41 Uh also today is the private stream, private stream. And uh Jason did the market analysis. Tu is going to do a bit today also. So, we're going to be also continuing there. But yeah, let's do a quick Q&A and then we're out of here. And big shout out to who to dab for timestamping yesterday for time stamping yesterday. Also, many people are asking about the uh let me see the transformation in terms of uh this a bit of an outdated pick.

36:09 Let me find. But guys, if you're for real interested, we could do health mania. We could do health mania because I was very fat not that long ago and many people asking hey Ivan I didn't watch you for like a year I come back you lost weight if you guys are interested we could do health mania but I don't want to do something if it's if it's not in high demand it needs to be very very very high high high high demand let me see the here here guys this was me not that long ago Being fat is optional, by the way.

36:44 This is me a few weeks ago. Now I lost even more and I'm I will be bottoming out at 15%. So my target is 15%. 15% body fat is the ideal is the ideal is very very ideal because at the end of the day you have money, okay, you've made money trading, good from the from the investments, good. But okay, man, if you're fat, you cannot even like travel. You got you gota you're gonna go to Paris, man.

37:10 you you cannot enjoy the enlightenment if it was enlightenment there. I mean this is still beautiful architecturally but it's kind of killing the vibe like everything there like it's killing the vibe everything is killing but you see if you're unfit you cannot even walk okay you cannot even walk you cannot even walk so that's that so that's very important you need to ensure that you have health very important and actually like it's it's it's simple but it's it's not easy like it's simple because everyone knows how to

37:38 do it but exactly step by step that's the very important unlock that Um, we may share in in health mania if you guys are if you guys are interested. Z is fully fully captured. Exactly. Are you calling us fat? Well, it's up to you. It's up to you. And here's the thing. If you because I know how I was during this time. It's a it's more of a question to you whether whether you all the time think about how to get unfat then probably you're fat you understand it's more about fixing that if you are happy you you don't worry

38:18 okay nothing to fix nothing I mean everyone can be happy with whatever but I know for myself if you're out of shape you have to do everything you do normally whether it is your family your business your work and also every day you have a struggle to get unfat yourself to unfat yourself. Okay? If you are in that struggle, then you should take action.

38:42 If you're happy and you think it's amazing and you don't think every day about unfatting yourself, okay, no problem. No problem. With seeker phone, you can exactly you can track your reality. Yo, Alleg, I'm 100% interested in health mania. I lost 7.5 kilograms since April and 5.5% body. That's good. Still has one oneird of the way to go. Okay. Okay.

39:15 That's good. That's good. That's good. Okay. So, maybe maybe we're going to do healthman. Let's see. Let's see. Let's see. Questions, debates. Yes. Yes. Okay, guys. You have some question about it or about the market or anything or or or out of here. Think quick. Think quick. Give me question or we're out of here. And while you're thinking about questions, boom newsletter, very important link below.

39:39 Click it now. Oh yeah, by the way, while we're thinking about questions, let's check the arena. The arena is going on for a few more days for October. And um then we are going to be starting November with uh BBIT. Bybit is going to join us also. For now, we have Pionex, we have Bit Unix that are giving out the the awards. Uh, and it's how's it? It's cash back.

40:04 It's cash back. I don't want to say a word because it's cash back. The more you trade, the higher you up on this leaderboard. By the way, now we replaced UIDs with arena ID. Some some someone wrote to us that they don't really want to see UIDs here because of privacy, I guess. Even though UIDs, I mean, they are hidden anyway. They were always hidden.

40:22 They were always like you we only show a few um a few numbers, but we thought it's better that we just replace UIDs with arena ID. which is generated when you connect your Pionex and Btunix so more people feel at ease uh being in the leaderboard and stuff like that. So anyway now if you see arena ID just know that it's is it's based on your UID but you know your UID is hashed and your UID is not showing here.

40:49 But all in all bit Unix we have these u uh traders qualifying because they have above 100K. If you are this user, you can check your arena ID here in the in the actually see where here here here arena profile here you see your arena ID your arena ID if you if you go to to the profile very good uh if you get above 100K you will be part of the cashback for bit unix and let's see pionex pionx very good many people qualify many many people qualify oh and if you are this guy man you just have to trade a bit oh yo yo all of

41:24 these three guys go and trade a bit more on Pionex. Your volume is above 100K. So you can be part of the uh of the uh cash back. So you have now how many days? Five days. Five days. I mean this should be easy for you. And even if you are these people, you can also just level up quickly here towards 100K. So yeah, that's that. And and next month we're going to also have buy bit by bit coming.

41:50 And uh yeah, all exchanges we work with, we tell hey give us cash back. give us cash back so we can reward our great great great community link below obviously for the arena and for all of you guys who are new I don't know maybe some people are new here although crypto is not really growing so it's like the same d you probably have heard it but arenaboom.com just write your pionex u bit u and then when you trade you're going to be part of this leaderboard in volume and if you're above 100k then you're participating in

42:19 the cashback how is BNB looking let's let's check BNB quickly BNB looking a bit like Bitcoin. I mean to be fair it's looking like Bitcoin but actually a bit better. Uh very much like Bitcoin but better. See BNB people say Chinese is a scam but BNB is looking Bitcoin is now below this May high and BNB is still above it. So BNB is like Bitcoin but stronger and and TRX is even stronger.

42:52 is TRX is even stronger. TRX is a okay technically bare trend but if you look through this bare market man it's where where bare market like which bare market you know it's like up and up and up. So but yeah technically bare trend in TRX so better in to be in BNB at this point in time. So yeah BNB the chart is almost identical to Bitcoin as a you know bull bear flip but you see it's still above the May high.

43:16 So actually better than uh than Bitcoin for now at least. Ivan, according to polls, Trump is more or less 35%. That means is the market already pricing in that Trump lost the majority. Sell the news could be. Yeah, I mean absolutely. I think it's um uh already priced in based on the u based on the polls, based on the prediction markets, etc., etc. So, all everything that's public and prediction market is already used to price in 100%.

43:44 That's probably why S&P has stalled out a bit. Uh look here the S&P has stalled out a bit during the last uh few months. NASDAQ has also stalled out a bit during the last few months. Um as soon as midterms are over, I think there's a good chance that the bullishness comes back. There's a very good chance bullishness comes back. As soon as the midterms are over because we just need clarity.

44:09 There needs to be some kind of clarity what's happening. Um when you have this uncertainty, you know, 35% 50 like it's still percent. You understand? It's still percent. It's still not guaranteed. You know, there's still a risk. So, what do you do when you risk? You derisk. So, there is some capital just de-risking until they know what's going to happen with Democrat, Republican.

44:31 Once yeah, there is an outcome. Okay. Now, they can put money back in now position based on the certainty we have. And you always want certainty. When there's uncertainty, it means derisking. It means that we need to handle this, we need to handle that better to derisk a bit in case something happens, we can be. So yeah, you understand what will you call your book any service?

44:58 I think I'll just going to call it Ivanomics. You know, Ivan like economics, but Ivanomics. Should I do a poll? Maybe I should do a poll, but I don't have too many other ideas. That's the problem. Uh because I don't want anything, you know, with that can be banned by ads. I don't want anything, you know, trader something trading. If it's something with trading, it's too big of a risk.

45:20 If it's something with, you know, and I want it to be personal, big profits was personal, you know, it felt like personal, you know, big profit. Speak about big. Okay. If I call, you know, trade trend trading, trend, follow trends. It's so boring. So I I don't even know what it would be. I just have one idea now. Rich Dian, poor dig. Exactly. Exactly.

45:56 We're going to call it rich dig, poor dig. Exactly. My poor dig was telling me to follow X and follow Twitter. My rich dig was following the trends. Correct. I like that. I like that. But yeah, I mean it's uh it needs to be some super nice personal name but also fully safe. So if Mark Zuckerberg sees the ad, he says, "Ivan, great. You can run the ad.

46:24 You can run the ad because I want to promote the book because the book is I mean all of you who who read it, you know, it's amazing. Like it's is you know it's freaking insane. It's freaking insane. It's you know the first chapter like it's it's very nice. It's like the book. I love the book. It's this creation. It's It's amazing. So, I want more, of course, more people to find it.

46:48 Uh I I want more people to learn about it, etc., etc. So, we need to run the freaking ads. Ivan the mechanic. Yeah, I need to be punching. I cannot say I buy Ivan the mechanic. It's It needs to be punchy. But at the same time, the one problem with Ivonomics is that maybe you don't even understand how to spell it. You know, Ivonomics is it like Iomic.

47:13 What what the hell is it? I It's also problematic. So, I don't even know what what the name is going to be actually. I need to have a chat with Cloud maybe. Or maybe you guys have an idea. Uh exactly. The book is kind of magic. Yeah. Yeah. From from pleb to rich pleb plebas. Maybe we just call it plebe. The plebe the the oh the chronicles of pleber plebber chronicled the book of Ivan maybe the book of plebe chronicles wrecked wrecked pleb yeah anyway guys listen that's it thank you very much for being here big shout

47:50 out to dab for time stamping us 50 shades of pleb exactly exactly 50 shades of pleber crypto plevver you know as soon as Crypto is going to be banned. Everything that is with crypto is going to be super banned. But yeah, maybe rich play, poor play, guys. Thank you very much. Smash up the like, subscribe, go to newsletter, go to arena. Uh let's go. This week is starting big week.

48:17 Hopefully, we're going to resolve to the upside. I mean, that's I'm again to summarize. I'm seeing the market from a bullish lens now. I think it's time to be bullish. Guys, what else you do? Really up to you. Listen. Up to you. Up to you. Read the disclaimer. Internalize it. Write me a report. How you understand the disclaimer. Guys, I need an essay.

48:34 An essay where you write a report. 10-page report. How much you understand the disclaimer and you become one with it. And again, I we don't have disclaimer just because we have to. I really want you to live by the disclaimer, to eat by the disclaimer, and to become one with it. One with it. It's going to be better for you. you will have ownership of you become owner of your own ship.

48:56 Uh and uh that's why disclaimer for us we it's not only because you know oh yeah here's disclaimer you know just ignore no no don't ignore it don't why ignore it print it out put it on your fridge ensure you internalize it fully and you love it again you need to love it disclaimer you need to love the disclaimer okay guys please confirm have a good day and bye-bye