BITCOIN: POST-FOMC FALLOUT!!! Transcript, AI Summary & Key Points

00:02 Oh yes guys. Oh yes. Oh yes. So yes. Welcome to yet another episode. And as you can see right now, Bitcoin is at 80K. We were all the way up here earlier this week at 81, almost 82. And now we're back towards 80K. This is mainly driven by the fact that Alphabet did have a bad report, bad earnings report yesterday. Basically, you had Microsoft doing a good report, pumping very nicely, and Alphabet doing not too good of a report.

00:32 This comes down to the AI spend and the fact that they have a big problem with free cash flow. Uh, Alphabet's AI spend is not getting paid for by the users of their AI and that's why it has been punished. That's also why NASDAQ is down a bit. If you look at the uh pre-market trading here, NASDAQ is going to open a bit lower and that has pulled Bitcoin with it approximately 1%.

00:58 So all in all, that's one part of the situation. Uh the second part is the Fed. The Fed held rates. The Fed said inflation is still a big problem. Big big problem actually. But they're not going to cut. They will be holding rates. And uh this is this is expected. We did we did even the poll in our newsletter daily newsletter and our hive mind in the newsletter also said that they're gonna hold.

01:23 So you guys who are reading our daily newsletters you were fully correct and if you're not reading the daily newsletter go to bullmania.com/subscribe and enter your email here. You're going to be part of bullmania daily. It's very very very nice newsletter. As soon as the Fed finish the meeting, boop newsletter out. Let me know if you love the newsletter.

01:41 By the way, did you get the newsletter? let us know in the comment section. But all in all guys, Bitcoin is basically where it was uh yesterday, two days before. We're here at this 80k level for now like three weeks, three weeksish. I mean even four weeks. Even here in in the beginning of October, we're around this level. So not too much has changed for us.

02:02 We are bullish. But it is interesting to deep dig deeper into the uh reports because um there's a big difference between for example Google and Microsoft. Microsoft is such a strong strong case versus Google at least for now where Microsoft is not spending too much on their AI buildout because they don't even build the model. They just serve the end client.

02:24 H and um they also have a lot of revenue from AI. Okay, they have a lot of revenue. They have a lot of revenue. They they have less uh capex. They don't need to build all of the latest models. They don't try to compete there. And they have monetization that is working. So guys, we're going to be discussing that. We're going to be going through different cryptos.

02:43 We we go to Q&A. We we go everything. We go everywhere. And of course, big shout out to who? To Guzman for time slapping us today. Smash up the like. Big big big welcome everyone. So, let's get started at the beginning. Uh the rates are holding. You had two two people uh wanting to hike rates. You had Governor Lisa Cook and Cleveland Feds Beth Hammock descented for a 25 basis point hike.

03:11 So two of them wanted to hike. Uh the other 10 didn't want to hike. So they did not hike. Uh when you look at the words because normally whenever they change rate or don't change rate, everyone listens to the words what is being said in the press conference. So statements around inflation um and growth have changed. So for example, growth went from solid to strong and the inflation is now too high.

03:38 They're saying so when growth is strong, it is inflationary and now inflation is too high. So the Fed wanted to in a way to raise rates. I mean the way they spoke is almost like they wanted to raise rates but they simply couldn't. I mean to raise in this economy before midterm would be disaster. Imagine Trump if they raise rate right before the midterm.

03:58 They cannot do it. So all in all this was quite expected and the most interesting thing here is uh the earnings. So Microsoft AI just like we said AI pays for itself when you look at their products like Azure you have a big increase plus 48%. very important uh Google cloud uh Microsoft cloud growing a lot um very very big numbers but here's the most important thing positive free cash flow all of this buildout of AI is at least for now getting paid by itself and Google is the difference here where they're also growing

04:34 and they have growth they have growth in all kinds of uh departments but the problem is negative free cash flow and they actually have to issue new shares and dump them onto the market in order to be able to fund this AI buildout. That's why shares are down so much 10% after hours. And the question is uh was Google the company that tanked NASDAQ because as you can see NASDAQ is down a bit and if you run a simple calculation it seems very plausible that uh the 10% dump in Google dumped 10% after hours is the reason why

05:12 NASDAQ is uh slightly slightly down today. many opinions on whether this is a good good time to buy Google to load Google or or not. The bullish case is from Quida here from Quao. He's saying that he will add to his Google position tomorrow for the first time since uh bottom ticking it last year. So he was bullish at the bottom last year. He says the thesis remain the same.

05:36 Google is the best position company in the world to win AI. the very thing that the market believes is is threatening its main search business because that's another big problem with Google. You get the answer when you Google something you get the answer is great but it also means that they cannot really make money from you. Okay? They they cannot make money from when you just read the answer.

05:59 They make money when you click the sponsored link. They make money when you spend spend time trying to find what the hell they're doing. Okay? what the hell you what what you're trying to find and you know try to figure out all of the sponsored crap and the advertisers are starting to notice it. There are many advertisers that are speaking about the fact that the money they spent on Google ads doesn't make sense anymore.

06:23 For example, this guy is saying that he's spending 500k plus per month on Google ads. And then you go through all of the changes they've made where they're basically robbing the advertiser. I mean according to this guy at least for example before when you wanted to bid for a specific uh keyword and let's say you bid $5 and your competitor bid $1, okay, you would be charged $11.

06:53 So even though you bid five and the competitor bed bid one, you would be charged. So you're just right above your competition. Google wouldn't take your money for nothing. Okay? they would only take your money so you pay more than whoever else wanted to to buy the same keyword. Now they changed it. Now they changed it. So whatever you say you're willing to pay, they're going to take they're going to take.

07:19 Why? Because they need to make the numbers look good. They need to ensure that all these numbers in their in the report um look like they're growing. For example, revenue here you see in the report is growing. So shortterm they have been able to put lipstick on a pig according to some advertisers like for example this guy that that that we're reading now that short term they're able to squeeze the advertiser here by for example changing how they charge how how the um bidding works.

07:47 Another thing they have changed is that you cannot even bid on specific keywords before you could have exact exact keyword that you bid for. According to this guy who spends 500k per month, you can no longer do that. Google is going to show your ads uh in other keywords also where you didn't even want to run them. So the definition of this close variant that Google pushes down your throat is unknown.

08:15 Okay, let's say you want to promote your dental dental clinic. You say you want to have dental clinic you let's say in New York. You're in New York. You say dental clinic New York. Okay, you want to be number one. Now, Google is going to also show you when they search other things. Maybe they search toothpaste New York and Google says, "Hey, listen.

08:34 We're going to show you here also. You didn't want that. You still pay for that, you know, close variant that they now decide to show." Okay? So, if you're a dentist, you're going to get screwed here. Okay? And of course, the same for other keywords. So, all in all, the numbers look like they're growing. The conclusion here is that the numbers, they look kind of like they're like like they're growing.

08:56 At the same time, what is the cost of this? The cost of this is that uh advertisers get screwed. If advertisers are screwed, it's not good. Uh and also the AI, how is going to monetize? Who the hell knows? So, you have the bull case that Google is still very good at AI. They they are probably the number one AI app right now with Google overview. AI overview.

09:17 When you Google something, you get an overview. I mean, obviously, it's very nice. At the same time, it's too good. It's so good that you don't even have to look at ads. And should they start adding as yeah let's see so the whole business basically will have to be redefined here and there is a bullish case there's a bearish case if we just purely look at the trend if we look at the Google stock the Google stock is in bare trend so yeah we respect the bare trend I mean that's it it's in bare trend and since it went bare

09:46 yeah I miss yourself it's o you see oh my god you see the opening oy It's going to open up 10% lower. Yeah, there you go. There you go. There you go. So, either you see it as a discount for us, I mean, the way I trade, the way my strategy is, uh, we needed a bull trend first. Uh, it will not go to Valhalla without bull trend. If you're a big Google believer, could you buy here?

10:16 Uh, it could make sense. Uh, let's see. Let's bring out the moving average. And let's bring out the simple moving average. And let me just show you here at the SMA and we're going to have okay, let's put 200 moving average here. We're going to put 200 moving average here. And we're going to see where the hell that is. It's still so far. It's still so far away.

10:41 It has to go down a lot for 200 week. Okay. Should you go here closer to 200 week, you could buy even in bare trend. You can buy this. The only exception when you have a quality asset and you can still argue Google is a quality asset. Okay, we have a quality asset close to your 200 week moving average here. You could um even buy in Bren. It's like Bitcoin when it was at 200 week below 200 week we said we're still buying here.

11:02 The same thing is here. Should it come close here then you can ignore the trend but but otherwise we need the bull trend. We need the bull trend and as always everything can go to zero. This Google thing can go to zero. Okay, that's why you read the disclaimer. You read the disclaimer. Whatever I tell you here, entertainment. Whatever I tell you here, education.

11:21 Whatever I tell you here is my own personal opinion that you probably should not follow without using your own brain a bit as well. Maybe you should use the brain. Maybe it is here for a reason. Maybe you should read disclaimer and print it out and reread it every night so you truly truly understand the essence and the meaning of disclaimer. Not financial advice.

11:42 And welcome everyone to the show. Yet again, yet again. So guys, that's the situation with uh with uh Google, situation with Microsoft is in one way similar. They also have um they're spending a lot of money also on AI, but but it is getting paid for from from all of their services. Free cash flow is positive. Okay. Uh and also, by the way, they are spending less.

12:10 They're spending less than expected. Google also spent less than expected if I'm correct. If you go here, Google also spent a bit less than expected. Okay, so Google is spending 50 51.4 billion and Microsoft how much? And Microsoft 45. Okay, there we go. So yeah, that's the situation guys with the uh tech for us. We follow the trends. Stocks bullish, NASDAQ bullish, S&P bullish, Bitcoin bullish.

12:41 We're bullish and you do have Senator Bill Hagerty coming out saying they're not selling the Bitcoin strategic reserve. Listen to this. >> The United States has about 200,000 right now that have been confiscated. The United States has about 200,000 Bitcoin right now that have been confiscated for, you know, various reasons. We have cash, a lot of other things, too, but about 200,000 Bitcoin.

13:07 President Trump issued an executive order and said, "We're not going to sell that Bitcoin to the marketplace. we're going to hold it as a reserve. And his point being that Bitcoin is finite. Um that we want to be early in this process and see that reserve go up. I think it's worth uh you know maybe $16 billion right now at current rates. Um that number is likely to to increase if you believe that Bitcoin is going to increase.

13:27 That's the decision that the White House has taken to to do two things. One um to to make what the president viewed as a smart financial play. But two, and I think this is actually much more important, to demonstrate support for a new innovative industry. and that it happened here. Uh the legislation does not allow for I should say the executive order does not allow for and the legislation that's been talked about mirrors this.

13:47 It doesn't allow for increasing the deficit to buy more Bitcoin. Uh so it has to be done on a deficit neutral basis if we were to grow the reserve. But the reserve can continue to grow in value as well. Again, back to the finite nature of Bitcoin. I think that's the expectation that the White House had when they put this in place. The legislation um and and Cynthia Lumis has been working hard on this.

14:07 She will not be in the Senate after after this cycle, but the legislation that has been put in place, that framework can certainly exist as we move forward. And I >> that that's a bit of an issue. We're going to lose Sun Lumis. What did she >> been working hard on this? She will not be in the Senate after after this cycle. >> Where's she going to go?

14:25 Where she going to go? We're losing Sun Lumis. What the hell? >> But the legislation that has been put in place, that framework, >> anyway, they're not going to dump the reserve. I mean, you get the point. There's no no reason to to listen more. They're not going to dump it. They're going to huddle it. Hopefully, they're going to grow it. Hopefully, they're going to grow it.

14:43 But um um maybe a bit underwhelming all of this uh Bitcoin reserve, everything that was supposed to happen, but it is what it is. Before election, you you have one message after election. It's normally a bit, you know, before I big promise after ICO actual pro. It's the same with the election. Yes. Before election is like your project before the ICO.

15:08 Okay. Before election, Bitcoin reserve supposed to be you know central bank get after election. What is this? What is this? What is what is tiny reserve? Who else has 200? I mean it's good. It's good. They have a bit of reserve. Yeah, it's good of confiscated Bitcoin. But that's interesting. They confiscate Bitcoin I guess from criminals and criminals got the Bitcoin I guess from the victims.

15:32 So victims are not getting bitcoin back but there is a reserve. So how does that work? So victims don't get bitcoin back or maybe they get p paid back in fiat or something or what happens or they cannot find the victim. It's I would be interesting to learn about the mechanics how they actually did that reserve because they did not buy bitcoin. They confiscated it.

15:55 So they took it from the criminal guy and the victim Yeah. Well, hell knows what happens to the victim. Look here. Yesterday we did see inflow into the ETF. So ETF has solid inflow. I like that ETF has solid inflow now for basically the past what can you say? I mean basically you know the past two weeks is very solid. Yes, there are a few out days here and there outflow but all in all nice solid um solid uh solid month for for Bitcoin ETF.

16:27 Uh and all in all my humble opinion on this market very humble not financial advice not recommendation and that's that be bull in the bull be bare in the bear do not be bare in the bull I'm bullish Bitcoin I'm bullish altcoins and I have been since the summer when Bitcoin went to 200 week average we said it's time to be bull and we keep that message even if Bitcoin goes down 2% in the day people get very concerned.

17:00 Bitcoin went down 1% 2%. Or even when Bitcoin goes down 8% from let's measure from this high is down 8% from the high. Even in this extreme dangerous circumstances, super volatile mega crashing black swan kind of circumstance minus 8%. Ivan is still keeping clarity. Okay, we have full clarity even in this crazy crazy crazy I mean you see on the chart the crazy crazy black swan kind of scenario where it goes here minus how much 8.1% even in this scenario we say we're bullish in a bull trend.

17:42 Can you imagine that we're bullish in the bull trend? Fantastic. Fantastic. Guys, let's see what's going to happen. So ETF bullish. You have also here Jason Kalakanis uh potentially having a bet with Grant Cardone where Grant Cardone is saying that uh listen I will bet you $1 million that is going to break all-time high before October 28, 2028. I'm happy to trust you to pay or if you prefer we esgrow it also works.

18:16 And Jason Kalakanis came and said, "Do you have an escro platform?" Listen, ju just just take the bet, you know, if he's going to debate here. I mean, let's see if Jason Kakanis is going to weasel himself out of this or if he's going to take it because, you know, why why worry about escrow? Just say you want to take the bet or not take the bet. Don't don't worry about escrow.

18:39 Because normally how it is, let's say you have some someone who is bearish something and then people say, "Hey, you want to bet?" Instead of saying yes, oh no, but what about you know this condition? What about that? Just say yes, I want to bet. Yes, I want to bet then this escrow. It's not like you're going to get scammed here by Grant Cardone for for your million if you're correct.

18:58 Okay. Or if you're incorrect, you know, just say yes. Just say yes. Just say yes. That's it. Do you have an escrow plan? Okay. Okay. Let's see what's going to happen here because he says Duke will never break his alltime high again. And then he went on to shield Tao. I mean, maybe that's the most crazy thing. Not only not only did he say that Bitcoin is never going to go to alltime high right below he started to shill to okay here he said Bitcoin is never going to go to alltime high you can read here and then hey by

19:31 the way I'm long to man what is this man if Bitcoin never go to alltime high your tao crapcoin never gonna go to alltime high either you understand guys switching gears We go to France. Lagard will step down as ECB president in February, although she should continue until October. Okay, this is a big problem. This is a big democratic problem. People are raising the alarm that she is stepping down so that Macron can play a big role in choosing the next ECB president.

20:08 See, you will have election in France. When is the next election in France? Let me just check. When is next election in France? Likely Macaroni is going to be thrown out with head first. Uh I mean actually if you are in France let us know how it looks like. But you know after all of the chaos I mean what happened to France? It's becoming like a third world world country.

20:31 When you look at the yield like how much financial markets are not trusting France, how much they're forcing the French to pay for that it is like uh unadunga level soon. I mean it is what it is guys. It is you look at the just you know pure financials. You look at the yield. Oh man, it's like third world. Okay. So there's going to be election in April.

20:54 Okay. The worry of course is that Lean or someone who wants to clean up the mess is going to win and they are worried. Lagard is worried that maybe Le Pan is not going to make that good decision for ECB. I mean according to Lagard and and and her and her friends. I mean that's that's likely the worry they have. That's why she's stepping down in February.

21:19 So Macron can still be part of the decision to select the new ECB president. Macron is having big impact on new ECB president and Germany. Basically ECB president is decided by German and French leadership mainly and then yeah the other countries are there somewhere also but mainly it's French and German leadership they decide. So that's why uh there is a people are sounding the alarm here that it's a big democratic problem that she tries to time her her departure so that the existing uh her existing ally can

21:58 participate in selecting the next one. Okay. So yeah let's see how it's going to be but uh it's something to keep an eye on. So Christine Lagard will step down as ECB president on February 7th. Her term was due to run until October. The timing is about who picks her successor ahead of France's 27th presidential election. For Bitcoin and US stock, it's a short-term non-event.

22:19 Yes. But but for Europe as a whole, it's just a discussion point about democracy because there there are already many concerns how democratic EU really is, if you live, if you're an average EU citizen, you don't have to you don't get to decide too much what's happening there. And now also that they do this timing this and that. It's even more tilted against what the average person wants.

22:41 Let's say the average person wants Marine Le Pan in France. Okay. Now this candidate Marin Le Pan and her party they they will not even be able to participate in this decision even though they should if they win. I mean if they win technically they should participate it. So it's a big de democracy question. But on this channel, you know, we're a political.

23:01 We're apolitical. And of put some uh let's see, if they're gonna put some uh uh guy from from Spain, I'm just worried it's going to be some ally of Sanchez. Sanchez guys, it's going to be very bad. If they put some Sanchez related guy, it's going to be very very bad. Uh if you are from Spain, let us know this guy. Pablo Hernandez Deos, exgovernor, bank of Spain.

23:25 Is he a Sanchez guy or not? Guys, if if they put a Sanchez kind of guy in ECB, he's most davish favor supportive. Okay, maybe he's good for Bitcoin. Listen, if Sanchez guy is good for Bitcoin, let's put the Sanchez guy. Okay, classot. He's Dutch Guzman. You know him? He's also Dutch. You know him. Anyway, hawkish roots more centrist since 2023. Okay.

24:03 Uh Yuim Nagel Bundes Bank president. Hawk. Germany reportedly shifted to targeting an ECB board. Okay. Isabel Shabel. It's like in the elephant. ECB board member. Strong as hog. Okay. Okay. She's going to leave. They don't want hog. Sorry. So yeah, that's the situation with ECB. I mean hopefully it's going to lead to more printing. Hopefully it's going to lead to more support for the industries which Europe needs a lot needs a lot.

24:32 Um Volvo, Ponito, uh I mean cars, European cars doing not too good. Uh there's this whole anchification of Mercedes-Benz. You buy Mercedes, how you say Mercedes? Mercedes. You buy Mercedes. Oh, it's plastic. It's I mean lot of Mercedes now like It's like all plast. Yeah, big problem. They have no nuclear power. They shut it down because Greta told them how they going to figure itself ECB will have to print.

25:07 Actually, Greta, thinking back on Greta, maybe she is bullish Bitcoin after all. I'm just thinking back now there is no nuclear. So when the economy is not doing well, when you don't have power, you don't have energy, you are closer to the printer, you're actually getting closer to hyperinflation. So I just thinking purely from a Bitcoin perspective, Greta and her like shutting down all nuclear.

25:35 Maybe it was good actually. wasn't too bad for for Bitcoin because if the economy is weak, if the government is weak, they are closer and closer to printing, okay, to hitting that print button. So maybe Greta is, you know, the most misunderstood Bitcoin bull ever. That would be crazy, actually. Wouldn't that be crazy? That'd be quite insane. Look here, uh, you have gold.

26:03 gold probably going to do well. You have bond investor Jeff Gund Lak talking about the fact that the Fed did not raise and he thought that they should raise because they're going to be behind inflation and when the Fed is behind inflation normally go gold is doing well. So that's something to think about some kind of re recall in um in uh gold. Gold has been doing quite badly and for us gold gold trade ended at the beginning of the year.

26:38 We went from crypto into a stocks, gold also into a stocks and then since the summer we're back deploying into crypto in a fantastic, beautiful way. Guys, let's go to Q&A questions, answers, debates. Big shout out to Guzman yet again. Yet again. And as always, subscribe to the newsletter. Subscribe to the newsletter right here. bulln.com/subscribe. You find it in the uh description below.

27:10 Uh we will be launching uh different themed newsletters. So, let me show you something. When you receive the newsletter, at the bottom of the newsletter, it says go to your account or something like that. Let me actually show you here. at the bottom of your of your newsletter is going to see it's going to say open your account. Yeah. Uh let me just screenshot for you.

27:37 At the bottom you're going to see this. You're going to see the the referral link. So if you spread our newsletter to more people uh you will unlock rewards. Current reward is a free copy of the book. But the re the referrals need to be real. We had a guy yesterday who like referred his own Fugazi addresses. We said no GTFO guys. I mean our team they check it.

28:00 They they they check who who who you refer. Okay. Uh we also added so you cannot sign up like this you know fake email generators or like temporary addresses. Uh basically we know guys I mean we have brain cell we can see. We can see also we have a whole AI army of workers uh helping us behind the scenes. They know they know they know. No, it needs to be real readers.

28:23 I mean, why do we have affiliate system for the newsletter? So, you give us reader, we reward you for reader. You give us fugazi, there is no reward. Okay, there's no reward. AI guys are checking it. Like actually, I have an AI AI team checking that. I have a responsible AI guy. Uh he's an AI, but he's responsible for ensuring that this affiliate thing works.

28:47 He's going to find you. He's going to find if you try to sign up your own like work address or something. Don't try that. Don't try that. Needs to be real users. But also here you can uh see your accounts page. If you open your accounts page, you see how it looks like. It's going to be something like that. You're going to see that you're subscribed to Bull Mania Daily.

29:06 Okay, this one is very good. Uh soon we're going to launch AI Mania. That's going to be next one. So we're going to go deeper deeper deeper into the a trade because that's very important and then other newsletters are going to come. So this format of newsletter is very nice. I mean people love it. People love it and we see it by the by the open rates.

29:28 So yeah check out your account when you see at the bottom you can see there like how many people you refer and all that. So let's go. Hunted down by the AI team from Ivan. Exactly. Let's go. Let's go. thoughts on Thor chain listing Monero with no KYC h I mean I guess it's good but at the end of the day I think they are playing with fire slightly guys slightly I mean obviously it's good that they list no KYC monero and stuff like that uh the reason why I'm saying it's a bit playing with fire is that should democrats

30:09 take over after midterms or you're going to have a democratic president after the next election. I think it's going to be problematic like for all these privacy protocols that currently they have no issues currently except for who is the guy Roman Storm Tornado Cash guy still has issues. So yeah, when it comes to the the all of the privacy stuff, obviously it's good that that it's there.

30:35 Uh but uh yeah, if there is a change in leadership in the US, crypto man, they're they're coming for us in one way or another, guys. They're coming for us. Uh Trump is pro crypto. They're going to be using crypto against Trump. They're going to say it's corruption. Crypto is Trump corruption. And uh the this all this privacy stuff is like the lowest hanging fruit.

31:04 you understand it's the lowest hanging fruit for them to go after because it's so easy to say it was terrorist or you know Kim Jong-un the average play is going to love that you know so yeah something to keep in mind but yeah obviously good that that that they do something there stock what happened it's up or it's downai let's see hundai hundai Uh futures futures futures Hundai corporation I mean not too much recently kind of in a weak I wouldn't touch you guys here it went bull but yeah quickly reversed stop loss

31:54 probably hit here if you took that trade it's very weak the only reason it would be interesting is in case it goes above here That would be a shame. Mom Daniel for president. It's going to happen. Listen at some point. It's going to happen if everything can. Oh, but he's not born in the US. So, yeah, he cannot. But someone similar is question of time.

32:36 Galaxy Digital Novograts Novrat say we're gonna go to 1K but Mr. No T I say we're going to go to 1K but Mr. I don't know. I say it's no, right? Yeah, Galaxy it's it's his it's his fund. So, uh I mean one good thing is that uh it got support of the 200 moving average normally very good support level. Uh yeah, Bren, but I mean if you love Galaxy and you love Novograt getting Novograt around here 200 moving average is not bad.

33:12 Uh but it is Brendan so it's better to wait for bull. Should you go bull, you still have like 100% pump to the to the highs here since last October. But why why why I pick this one? There are many other easier charts. This one, you see how choppy it is. So much chop. Love Luna tattoo. What's your take on robotics? Bullish, bullish, bullish. Um, let's see the company here.

33:47 We're checking Robo what's what's it called? Robbo Strategy. Robbo strategy. Robbo strategy. Robbo strategy. Let's see here. O, Robbo strategy not doing too well. But yeah, if you if you want some robotics company to keep an eye on, check Robbo Strategy. It's from Andrew Kang. He's uh actually well known in crypto. He did have a crypto funds before, but if you want something like public listed, it is uh uh it is this one.

34:15 Uh yeah, uh not doing too well, but uh the the company is interesting. Uh for common stock, let's see preferred stock. Do do your own research on this one. But Mr. No say bullish news on hype. Yeah. No, no news. But let's check the chart. Or maybe there's some news, but oh, what happened? It's up. It's very nice. Fantastic. Hype, hype, hype. Yeah, I mean today is doing quite good.

35:17 And don't worry about the news. I I don't even know what the news is, but it was in bull trend. So in bull trend, we're bullish. We remain bullish. It's back up. Was a question of time. Uh let's see. Is there any news? Redemption. Some redemption from staking. pump fund did something could be this pump fund based pump fund launches hybrid based perpetual futures trading but I mean this news you know sometimes they lead to a pump sometimes not ju just follow the trend hype tokens to be unlocked they actually say it's

35:51 going to be they're going to unlock tokens and give to the team and dump on your ass okay that's what they say but see it's bullish it's just like when SpaceX said we're going to unlock and we're going to dump on your ass that was the bottom of SpaceX because it was already priced in. So when it happened, there's nothing more to worry about. So we can pump.

36:14 Glass said, "Oh, yeah, it was about the traders on top of Hyperlid. Oh, and also Kraken is doing stuff on top of Hyperlid also." So there is a bit of bullish news uh Kraken but see this Kraken news did not pump it and now this uh redemption that they're going to dump on your ass that pumps it. So because those things are normally bullish when you have bearish news is bullish because everyone already knew that.

36:40 So now that the bearish news is gone is bullish. So fantastic. Fantastic. What do you think about SpaceX? I mean with SpaceX you got to have a big picture view on it. Uh, let me see. SpaceX. Let me just open up the NASDAQ chart. Where's NASDAQ? Here. Company level. No, sorry. Where's SPX? There. There. There. There. There. So, uh, SpaceX, uh, weekly bullish.

37:11 Very good. It got the weekly trend. Daily bullish. Uh, let's see like 4 hour. 4 hour going to go bare. uh if you're trading lower time frame but yeah daily bullish weekly bullish good uh now there's shortterm discussions about SpaceX versus Tesla uh you see SpaceX has gone down a bit during the last um uh weeks here uh since this peak in October on October 6.

37:42 Meanwhile, Tesla has been going up during the same time period because uh as we sent out to everyone in Bulmania, we sent out a long long article or maybe research research long long research report like eight pages on SpaceX and Tesla relationship. Check that if you haven't read it, but I mean a short summary is that Tesla is in the driving seat for the merger.

38:06 Okay, Tesla decides if they merge or don't merge and uh the market is pricing in that Tesla is going to be rewarded for that situation for that position that they are in the driving seat and uh yeah that that's why here it's Tesla is is pumping SpaceX not really pumping once they merge super bullish this combination would be super bullish as long as the trend is bullish obviously I mean we always need to look at the trend but just you futuristically thinking as a futurist thinking about musk bull if you love musk of

38:48 course it's nice if there's one ticker I don't like when founder has two ticker I don't like it needs to be one founder one ticker not one founder two ticker to be one single ticker so I think it would be bullish to unite the tickers so Tesla and SpaceX are in the same boat, the same community. They pump the same chart. Some of the, you know, most well-known failures is Richard Hart when he went from having one ticker hex to like a million tickers.

39:21 I mean, that that was the day everything started to go downhill. So, you never want to have many tickers. It needs to be one founder, one ticker, one chart, one pump, one community. Okay? So I think for SpaceX for SpaceX it would be good if they merge. Uh so let's figure out how it's going to be and Tesla. Now let's see Tesla on the weekly actually.

39:45 Is Tesla how's looking on the weekly? No, it's going to close bullish on the weekly. But Tesla is not I mean the chart is quite ugly here. It's not it's up and down. Not so much volatility. Uh so yeah um if they merge good it would be good for both short term Tesla is gaining a bit more because they are kind of the bride you know SpaceX is the groom he needs to pay for the bride and how many goats he will pay for bride that is what is being discussed now I mean ultimately it cannot be too many goat that he pays for the

40:23 bride why says if Elon says guys if we don't merge I don't want to continue Tesla you know I don't want to work I want to work with SpaceX so so either we merge or I'm out of here the bride she's gonna come where you go without Elon you know so Elon okay SpaceX has a bit less leverage than Tesla Tesla has more leverage But finally Elon has leverage over everything there.

40:58 So yes, a bit up now in Tesla. Few more goats here and there. Okay. Everyone needs to be reasonable. See, everyone they need to be reasonable. They're reasonable. They will they will figure stuff out. Yeah. How many camels? Exactly. How many camels for the bride? I I think they're going to merge soon enough. It's one I mean Elon is Elon at the end of the day.

41:20 It is not going to go anywhere without Elon. So he's going to make this uh arrangement. Democrats are threatening to nationalize. Yeah, that would be bad actually. That would be very bad. That would be There's a political risk. Yeah. But with everything Elon is doing, there is a political risk. That's why he should have a big Bitcoin bag so that um it's not easily taken from him in self custody.

42:00 But that that's very true. So he needs to I'm just thinking what what what's the best strategy? We have kind of a industrial revolution here. And industrial revolution last time produced some communistic ideas that took all of your wealth. Okay. So with AI, it is industrial revolution. If the plebe will want to seize the mean of production which is currently the AI and I mean of course all the space is going to follow with it.

42:36 SpaceX AI they're going to take the rocket also. So if the pleb wants to seize the mean of production of AI man you in the US you you don't want to be billionaire okay you want you want to be you want to ensure you have plan B and C and D etc at the same time Elon is not that kind of person I mean he's not the kind of person with many plan C and D and that's why he's successful I mean sometimes if you have a backup plan and you hedge and you you cannot go all you cannot go all in.

43:09 So yeah, uh interesting question. Uh very interesting. What's going to happen if the power changes? They obviously don't like Elon. Like the Democrats, they don't like Elon. They don't like they don't like they What did What was the recent thing from California here? Let me see. Elon said message received. Elon is a message received. Let me just quickly see here what was he said.

43:47 So the the oldest one was this one where he said message received to Lorina Gonzalez and then just moved out and uh yeah and left and became proTrump. And what happened? Oh yeah I guess this happened. Yeah. Ka Swisser or Cara how you say car I don't know says Elon Musk might be in jail right now if Camala Harris was in office he knows what's coming if demo guys we're apolitical but man it's it's it's entertaining so we kind of have to become a bit political guys so wait what's going to happen what's going to happen let

44:25 me see car or car guys I don't know swisher swisher cara swisher and who is she is she woman. Uh oh, yeah, she's podcaster. Okay. Okay. Anyway, Cara Swoosher, Elon Musk. They're going to jail Elon. Really? Uh >> businesses. >> Let's see. Let's see. >> Important, >> guys. Bitcoin is silenc. We need to find some some infotainment here. >> An entrepreneur like a Henry Ford.

45:02 important. Really good at clocking businesses, how to create businesses. Really talented, very aggressive. All that all that is interesting and and possibly good in some cases, >> but he's a flim flam man with the stocks. He makes promises, you know, his mouth makes promises he can't deliver in any way. Um, he's become toxic. He's become hateful. He's become like and he has enormous power throughout society.

45:31 It's not just any old crank screaming away. It is a someone with the most money, the most power, the most influence over communications. >> Yeah. Interesting. >> Iris, he might be in jail right now, right? He is correct. And that's not because of she's some avenging fury. It's because there's a lot of questions around different companies of his. If Donald Trump loses the House and the Senate, >> Yeah.

45:54 But what what what what what are the questions? >> I would worry. I'd be worried if I were him, you know, no matter how rich he is. There were all these agencies, some of which he put a knife in and killed in the Doge, many of whom were investigating him. He stopped like a half a dozen investigations of his various companies. So, they're going to start investigating again.

46:12 You think he's not on the list? He's at the top of that list. Donald Trump obviously is at the top and his family, but Elon Musk is right up there for that. And you have to he knows what's coming. Like, he's not stupid. Like, of all the many things you You see, that's why we're apolitical, guys. If Democrats come, just for the record, we're apolitical.

46:33 We're apolitical. We're apolitical. Okay. Guzman is apolitical also. Okay. See, Elon should have been like us. Apolitical. But yeah, let's see. Let's see. Let's see what's going to happen here with the Starlings and everything. Here's the thing. Star uh SpaceX and Tesla is the biggest uh defense Elon has because you are a politician. You come after SpaceX.

47:03 You come after like half of the country. You're going to ruin SpaceX. Really? You know how many people have SpaceX? You know how many pension funds have SpaceX and Tesla? You know, you're gonna come after that. Really? Let's I'm very interesting. Very interesting. Guys, let's wrap it up. Bitcoin sideways. Nothing has happened. The crazy black swan of minus 8%.

47:32 Uh has happened in some people's brain. But we're here to give you clarity. I haven't clarity. We're bullish in a bull market. Even if you have this crazy crazy scenario of Bitcoin going down 8%. In this insane bearish scenario, I'm telling you, I'm still bullish. Now, what you do up to you, not recommendation. Everything can go to zero. You buy Bitcoin could go to zero.

47:59 You buy anything can go to zero. You buy anything you hear here on this on this stream, everything can go to zero. Okay? You lose all your money. you go to zero you be maybe you become even in debt you cannot pay mortgage so things can go down very fast it's raising if you don't agree don't watch don't watch you can lose everything in crypto and more and more uh sometimes you can let's say you short and it goes against you I mean on some platforms you can have negative b okay uh so yeah thank you very much guys it is

48:35 what it is financial markets are like that capital at risk Everything super volatile. Okay. Some people say that's what makes it fun. It is fun. That's why we call it infotainment. We would do entertainment. I give you entertainment. Yo to GMGM guys. Thank you very much. Have a good day and goodbye. I bought a croissant. Now it's zero says someone. Exactly. Even you buy croissant it goes to zero. Have a good day.