ALTS PLATEAUING?? Web3 Exposed 🌶️🎙️

Recorded: June 9, 2025 Duration: 1:05:19
Space Recording

Short Summary

In a lively discussion, crypto enthusiasts explored the evolving landscape of the market, emphasizing the importance of patience and caution amidst emerging trends. Key topics included the launch of a new show aimed at promoting transparency, the potential for significant growth in Ethereum and Solana, and the impact of retail investor behavior on market dynamics.

Full Transcription

Thank you. Thank you. Thank you. Thank you. you
try to reach you I try now Try to re- Try now. Making it work. Thank you. Are you guys able to comment at the bottom right corner?
Go ahead and try if you can. Thank you. Thank you. Thank you. Yo.
What's up?
Alright guys, we are live on the stream.
I just pinned it up to the top.
We're going to get everybody in here and then we're going to get started.
All right, cool.
If you want to mute your mic, I think you could. Go ahead.
Where's the background, James?
No, I'm just saying whenever you are speaking on spaces.
You want to try today on the James?
Yeah, I'm putting them on now. Oh I feel like something.
I feel like something.
I get feeling pretty.
I'm gonna play like this. I keep up feeling like something.
I keep feeling like something. There goes $110,000.
Go down. slow down slow down
slow down Slow down.
Slow down. oh oh
like comment repost let's go let's go let's go let's go we're giving away money like we do every
single day all you have to do is like comment repost tag a friend let's get it let's get
thrown in the algorithm let's get it. Let's get thrown in the algorithm. Let's get this party started. I know, I know, I know, I know, I know, I know, I know.
I lost you away before, before, before I heard you,
married you, but then again, I can be drunk.
Baby, I don't want to sound righteous.
Got got many bitches, I got like both things.
I just didn't mean to my it died since I've been Fuck, fuck, fuck
She's been losing my type and now yeah
She's been losing a certain night
She's been losing a certain night
She's been losing a certain night
Oh yeah, I did
Yeah, you've been fighting for your shot
You've been searching for your spot
I did it, yeah
Girl, I did it
But you think you got your mood But you want someone like you What is that?
Listen, what the tells you? I told you so! Oh my god!
Let me hold the people down that are watching the stream.
What's up?
What's up?
What's up?
What's up?
Welcome to the show.
Weather Exposed is officially live! We're live!
Happy Monday! I hope you feel good. I hope you had a good weekend.
There's a lot of announcements I'm going to post up in just a second.
We got massive giveaways going down all week with some friends that I'm a part of. Definitely want to take advantage. So some of
you have been taking advantage of those ARIA giveaways. Shout out to you guys. Let's see.
Let's see. Let's see. Make sure you have a BZ account. I've been posting the fucking link
everywhere to download and make an account. Super simple. Actually, there's nothing to download. Just make an account. Really easy.
Really easy. Before Mr. Will goes into these amazing charts, let me just go ahead and say
Hyperliquid over Monad. Okay, I'm sorry. Monad uh sunsetted before even sun rising um i'm sorry i'm not trying to be
mean i'm not trying to be mean but like man when you talk about wasted time and energy i remember
wanting to like farm and learn about all that shit over there and i i don't i don't know i don't
that's my hot take of the day um but yeah like i I said, like, comment, repost the room if you haven't
already. We have some announcements coming up later on in the show. Later this week,
I'm starting a new show on Friday nights with Aria, LOL. It's like a roast show. So we'll be
like, I wouldn't say roast. It'd be more like a grill. So like you're grilling different founders
and companies and people that are coming into the space and wanting to launch i've done this many
times over the years and it's always been fun it's always been a success and to be real we've
actually caught a lot of bullshit companies early on like really really early on um pretty wild to
be real really really really wild um we have a really dope space going on tonight on the BZ account, 815 Eastern.
So in like two hours from now, I'm going to be hosting and interviewing the one, the only, Ponds.
We have some grind allocation to give away.
If you haven't paid attention to the timeline or if you haven't
seen it i don't know maybe you care for it maybe you don't i think majority of people here have
seen it um it looks to be sought out i i'm not gonna say i know where the coin's gonna go
pons is a respected respected founder in the space um with a cult-like community so i think
it does well not financial advice by any means but excuse me definitely pull up
definitely pull up up my uber my uber eats is here great he's gonna have to wait
but yeah definitely pull up later on definitely pull up i'm gonna announce the uh giveaways in
just a few minutes thank you for being here welcome to the show web Web3 Exposed is a show on the internet! The best motherfucking show on the internet.
Will is wearing his doo-doo brown shirt, ready to give us the play of the day.
I'm messing with you. What's up, man? Thank you for being here. Welcome.
What's going on? Talk to us, Will. How you feel?
Hey, how's it going?
Yeah, I's all good.
I'm just basically looking at this breakout and seeing what's kind of happening here.
It's nothing too crazy.
I think a lot of people are getting really excited for some reason.
But overall, I'm just kind of watching this play out and trying
to see where this thing can go it's currently pushing 110 for at the moment
I think that's pretty interesting in itself we're basically just kind of
retesting the high here we can see even one two three four times now kind of
playing at this high.
Now, a lot of people, you know, they'll look at this like, oh, we went 2K above previous all-time high.
You know, that matters to a degree.
I think the candle looks, you know, pretty strong here.
I'm not sure what the announcement was today that kind of pushed the market to move this way.
I'm not really seeing it on the stock market side as much.
Stock market looks like a doji, which, again,
I think will be the swing fail to this gap that's going to fill.
So I don't know.
I think looking at this, I know there's a lot of excitement right now.
I'm still going to preach just be cautious at the moment.
We're still kind of retesting the same high we've been retesting over and over again. It's
not a panic and get in now. It's a
you know, just kind of be patient, let this thing play out. Well, here's the thing.
I'm bullish, Mika. I'm bullish. I will say that.
But I'm patient right now. I think summer is going to be a lull. I haven't
swayed from that thesis. I'm still right now. I think summer is going to be a lull. I haven't swayed from that thesis.
I'm still sticking to that thesis because for me, looking at the way the market is setting up,
I mean, we've been here for quite some time kind of playing this high over and over and over again.
We've got one, two, three, and now four times we're kind of striking through this high.
And we've seen this kind of pony show before.
This right here's a w
at the high that should have broken out but broke down and now we've kind of got this w at the low
that broke out come back up retest the high break down comes up breaks out again you know and really
i think what we're going to see here you know as far as a chart perspective and lizzie your spaces
you probably won't see this but i think we're going to kind of see you know and markets can even swing higher right for instance but i think we're going to
see this sideways more than we're going to see this right at the moment um i think it's just a
cautionary area to just kind of watch things play out if you were going to see markets moving in a
massive way i would tell you one thing to look markets move in a massive way, I would tell you
one thing to look for, and I think this is a really important one, is look for things like
Solana and ETH to start to, you know, kind of chase a little bit as Bitcoin kind of rises.
It's more proof that the move is going to be legitimate versus, you know, currently we're
just seeing the move kind of move back to the highs, and that's basically it. And we're not really seeing Solana move off of this, right?
It's up a little bit on the pay, but it's not much.
I mean, $10 or whatnot.
And then standing over here with ETH, I don't think ETH is doing anything significant to me.
ETH is kind of testing the breakout.
Bro, somebody made a meme.
ETH has been the same price for the last four years during Juneune during june what does that mean does that mean anything significant i mean it's been
basically in the same range since 2021 all right high to low
it hasn't i mean here here's the thing if i'll get I'll give it to Solana people that want to meme ETH people.
I'll give it to them, right?
Because the reality is ETH had significant downside to the $800 mark,
came back up to $4K, right?
And so you can do the math on that 4 or 5x.
Whereas when you look at something like Solana,
Solana had, you know, this significant,
I mean, this absolutely destroyed the people that got out, right? So a lot of people got
in, got in all the way up here at the high, ate all this downside. And now they're, you
know, for me, Solana has just been in a distributive state right back to the high. But I mean,
the only difference to me between these two assets is that Solana got absolutely destroyed way more than ETH to the downside, right?
Because if you look at the high here on Solana and you look at the low, you would say that you've lost a significant amount of money there from high to low on something like Solana.
Whereas with ETH, it's less like that it's
just less volatile right you lost way less money here 4k to 800 whereas like over here you're
talking 300 or sorry i don't want to get people upset 260 all the way down to basically eight
so your your downside is significantly more it was significantly
more on Solana but you also regained all that back right but you haven't done
anything on Solana in reality you've done the same thing he's has done from
from a high to low perspective except you you did worse on the downside and you
were able to gain all that back which is good they gained it all back but you
had way more downsideides see right here
you're just basically just chopping sideways right here until you get a breakout just like
eth is doing the same thing since 2021 it's basically just chopping sideways in the same manner
that solana is so we're due for a breakout i was yeah i So we're due for a breakout. Yeah, I mean, they are due for a breakout.
I just, I don't know, man. I would like to see a breakout this cycle,
but the reality is, I mean, at this point in the game, man, it makes me wonder,
do we see a breakout this cycle or do we see one next? It makes me really truly wonder right is this cycle just a recovery cycle and then we
see a breakout next cycle or is this cycle the the cycle like every other cycle has been where
we see a breakout continuously every single cycle that's that's the hard part to gauge here i think
bitcoin was always the play here from high to low and back up because you're above
all-time high but all these assets are basically outside of bitcoin flirting with all-time high
aka just recovering the previous market highs there's no there's no significant breakout above
all-time highs for most of these assets if not all of them
yeah the only thing that's done well is new launches things like sui and stuff like that
right those those have seen high after high after high this cycle whereas something like solana has
just seen low to high and it stopped right it hasn't been able to get past that point
and something like east has seen low to high, and then it just stopped. And ETH never even truly recovered its high, which is pretty interesting in itself.
But we'll see.
I think price action here on ETH looks pretty good.
I think you're testing, testing, and you're getting lower lows,
but you're continuing to test the high.
And I think if you get a third stab at this,
you can really kind of push up and get a big breakout for ETH here.
Whereas Solana, I think it's something similar,
but I think Solana is going to be a little more methodical with this.
Because really, I think, like, this was a distribution, right,
turned into accumulation.
You can kind of see the round bottom right here, right,
where you were getting heavy distribution but equal to equal accumulation which eventually accumulation overtook distribution
and now you're kind of in that same boat except you haven't got round bottoms going on you've got
flat bottoms where it's kind of questionable where you're going to cut it seems like you're
at that point in the market like anything from here to here is likely you're going to cut it seems like you're at that point in the market like anything from here
to here is likely you're going to see higher but it's still going to be a distributive
this is this is just the distribution zone or what i would consider a distribution zone
right even though you're going to see higher in price i still think like this is the this is where
a lot of distribution is going to occur and we'll see it much later on something very much like with bitcoin right we saw the same thing over here in 2021
we got a heavy distribution on the all-time high a lot of people didn't really want to leave it
and really it ended up being kind of a weird pattern where it just kind of had this
little bowl cut right here where they cut out the center but
then re-ran it back to the high this was your real distribution zone from an rsi standpoint
was through here and this right here was just a fake out or a hopium pump that basically got
priced to come back up to all-time high and let them rinse you twice that's what a double top is
let them wrench you twice that's what a double top is yeah it's ultimately a double rinse um
and then they ultimately turn it into a bear market recovered now if we look at bitcoin right
bitcoin itself is exceeded it's high aka doing very well whereas if you look at something like
solana for instance,
And some people may be like, oh, you should talk to Solana.
It has nothing to do with that.
It just got to do with what the charts tell me.
Solana has exceeded its high, right?
It's basically rough, sorry, it exceeded it for a moment.
But then it fell back below that high,
and it's currently sitting below that high, is currently sitting below that high. Right.
It exceeded its high for a moment.
ETH, ETH never even touched its high.
It basically came 10% off the high.
So, you know, for me, it's a hard play.
But if these things are actually able to break out this cycle, I'll be extra bullish next cycle i think a lot of people will because i think if we can see things like ethan solana and some of that make new all-time highs and maintain those
then we're probably in a cycle setting up we're probably setting up for the next cycle to
have those same expectations and now it's become a pattern right solana is just too new to be a
pattern in my opinion it's been it's only been through one cycle if there's been through two right but ultimately
we'll kind of see what happens there with ease ease being through to a lot of
people had high expectations for three and you could see if the same thing
happens to Solana that happened to aether cycle to next cycle, then next cycle, Solana's not
going to do a whole lot, especially if it doesn't see significant downside.
Solana will likely just kind of be in a low period, kind of like how ETH is now, next
cycle, if that ends up kind of occurring.
Because I kind of see it as like a roll down phase where it went from, you know, obviously
Bitcoin's going to continue to just keep ramping.
That's what it does.
Whereas Ethereum was like number two, right?
And Solana number three.
And then so you should expect them to follow each other kind of very similarly
in the way that they move.
I'm just really curious about ETH though.
I'm really, really curious about ETH because for me,
I'm just seeing too many big players buying and it doesn't make any sense for them to be trying to buy the loss right you got
basically the white house buying right you got it having a reserve you got it basically etfs
like there's a lot going on free um that isn't going on for a lot of crypto that's what i was
about to ask did the dApps and all the nft projects since 2021 launching on solana and
ethereum does that matter to price i feel like it does that's why eth went to where it did four
years ago i mean the thing is is like eth also exceeded its high by a lot from previous cycles, right?
Whereas like if you look at
Solana, like look at Solana, like
what has it done from its high?
It went high and
then it stopped at its high again
essentially and pulled back.
It hasn't done the same thing that ETH did.
So even with all the things
that are going on with Solana, it's
really just a meme factory in reality, right?
It's very sensitive to volume.
And volume on Solana is very dependent on memes, right?
So you got one and one and one and one.
So basically, as the old saying goes, shit rolls downhill, right?
And I think that the distribution that's been happening on Solana is absolutely wild.
Because to me, Solana has been being used in a lot of ways to extract liquidity and not actually maintain it.
I just don't think a lot of people are really seeing that, right?
A lot of the founders and everything that got into Solana, and I'm not saying all of them, obviously, right?
A lot of them that got into Solana took that Solana and sold it for cash and bought what they bought.
They didn't maintain holding Solana and seeing the value in Solana based on that.
And then you've also got, you know, the mints and everything else where they're selling on to their own token there's a lot going on here but i think ultimately if we can get a
good bullish push aka real retail coming in because a lot of people say oh retail's been
here retail's been here retail's been here price doesn't represent that i mean i'll say like you've
probably gotten some new participants you probably have but I think a lot of invest
Investments period across the board. I only only only pick on swan specifically
But investments across the board have been very kind of met right that you saw a lot of companies that basically
Stay focused well. This is for the people
you saw a lot of companies that were
Buying back their own stocks and everything because they saw how I'll dried up liquidity was
Across the board right that that kind of reignited the movement in those stocks
But it just goes to show that you know
Why would these companies have to buy back into their own stock
if their stock's doing well or they think it can go significantly higher?
And, you know, the reality is,
is like they're trying to spark more interest
by announcing buybacks and so on and so forth.
And creating the bid.
And a lot of people don't understand how that works.
Market makers are doing something very similar.
I see a lot of the time in crypto,
especially with mean coins right now. I see a lot of the time in crypto, especially with mean coins right now.
I think a lot of mean coins, they're creating the bid,
and then they eventually just take it all away.
And these things go to zero.
A lot of Solana mean coins.
Tell me one Solana mean coin profits that's still here right now doing fairly well none and it's funny because
i'm not sure that just launched either yeah no i was gonna i was gonna make an example since
january of this year i would arguably say there's been a handful of launches like let's say pump fun
from actual products companies things that are
doing good stuff like doing real shit that i think uh not only are shitting on these bullshit ass
meme coin projects but they've sustained a floor you know and and you got tons of other
where the fuck is with that you got all these high products that came out in 22, 23 that are not being talked about.
Nobody cares as much.
And no product behind it.
By the way, product behind a coin doesn't necessarily mean a high value coin.
I would argue and say, though, those are probably a better group of people running the ship because they have a goal
to ship and create revenue out of an actual product right but yeah to answer your question
it's I can't even answer it because uh we got so sidetracked and um I've been you know I talked
to a kid the other day that he said he makes like 20 to 40 soul a day I saw it you know um
and he straight up said that his his whole like
like strategy to taking profits on memes has changed because like a coin can go to 10 mil
and then get vamped by another coin and then now that coin go and so like the whales and the people
that used to move charts to these higher market caps they're not fucking aping at one two three
four mil with a bunch of size they're trying to get those 20 50 k 100 k market caps, they're not fucking aping at 1, 2, 3, 4 mil with a bunch of size.
They're trying to get those 20, 50K, 100K market caps and running that up a 10X.
And then moving on.
And you said this recently.
I think we see utility come back to the space and people care for that again.
I think, I think, in like 2026.
I think that's going to happen gonna happen there's gonna be such a
washout you know these pump fun streams are trash i'm sorry if you're on pump fun and you and you're
running a stream via pump fun you suck sorry that's just so i mean it's just trash the content
is so low low tier on, to be honest with you.
I don't, I've been through many streams on PumpFun.
It's like, they just come in and just talk
for like an hour or two.
It's like, what are you getting?
Lonely people who have nobody to talk to?
Coming on your stream?
And hopefully a green candle?
Yeah, I'm not seeing the charts go crazy
on that kind of stuff.
It's just, it's not, I understand the incentive.
I'm all for the streaming platforms.
I'm all for streaming on Hashtrack and all these things,
but it's just like, I don't see the, I don't know.
Maybe I'm crazy.
I just don't see it working.
It's the streaming thing.
I think it's interesting, Profits.
Not everybody's going to be willing to see the light at the end of the tunnel at the end of the day.
And that's just something we just got to accept.
It's very 2021-esque when you're coming towards the end of that tunnel,
and nobody wants to accept that you're almost at the end of the tunnel.
And I think Q4 will really enlighten a lot of people going into Q1 I know there's a lot of you
there in this thesis that are probably fairly new to the market to be honest
with you in this thesis that things will continue to keep riding out the way
they are and that prices will continue to keep pumping up and eventually we'll
see that green candle guy candle whatever but I'm telling you right now
if we see 150 170k Bitcoin and Solana hasn't broken all time high the theme hasn't broken all
time high uh you you probably shouldn't have a lot of opium at that point right that things are going
to continue to push up for a lot of these a lot of these fan projects not not not salon and e but
the mean coins and stuff like that the price has to move together
so typically typically bitcoin will be the the leader and everything else will follow
it's not bitcoin goes to 170k and then the eth goes to like 10k or whatever like e has to literally
follow bitcoin it's it's not a it's not difficult to understand just like spana has to follow bitcoin
if it's going to be true price action so for for me, I'm just watching the interest here.
You're saying if Solana and ETH don't follow,
you're saying that the price action isn't true?
What I'm saying is that they don't follow.
Likely what you're going to see is some type of reversal
in the market for all coins has already been drained.
All the liquidity for this interest in mean coins
and so on and so forth has been drained from the liquidity for this interest in and mean coins and and so on and so forth has
been drained from the market um again i i we're still seeing flowings or sorry it's fine we're
still seeing spending slow it's still continuing to flow across the board right so we're seeing
consumers not wanna not wanna spend still which means they're likely not wanting to invest.
They're likely probably still stacking cash.
Their interest in aping something with their life savings is not there right now while rates are still where they are.
And I think that's a big part of it, too, that a lot of people are not willing to accept
and understand with this cycle, is that these rates are destroying the possibility of you know a lot of things going
you know just gig it giga to the upside um i think like if you look if you're expecting a 2021-esque
type play with the market right now i mean look look at bitcoin bitcoin's a perfect example of
the difference between last cycle and this cycle uh if we throw it up here on the monthly i could
show you exactly what what that looks like.
And what we see here is in the 2020 to 2021, now we did have a big dip here, but it's just straight up only here, right?
But what have we seen with Bitcoin this cycle? Now some people may be like, oh, it's adoption.
You're getting distribution accumulation. There's no hype in the space. It's just natural move up, right?
There's no excitement in the space. It's just natural move up, right? There's no excitement in the space.
It's just natural accumulation.
So you see price go up, then linger, then go up, then linger.
Again, distribution, accumulation, distribution, accumulation, distribution, accumulation.
Whereas when you saw this cycle, it would just basically ran up, relaxed a little bit, and then it's a straight accumulation.
Nobody thought price was going to come down at all here.
And we're not seeing that right now.
We're just seeing natural moves in the market that are just kind of making it very lull-like.
That's why I use that word a lot because the excitement is just not there the way it was in 2021.
That's why right now in this market – see, in 2021, it was in 2021. That's why like right now in this market, see in 2021 it was a speed market.
It was get in fast because things are moving fast. In this market it's more of a patience market. So
you're even with means you can kind of play them on a patience game but you have to have really
low expectations of it moving anytime soon right you just have to get into things that
you think have potential and then wait for them to actually moon and then actually get out of them
before they end up liquidating the entire coin at some point and i think that's what a lot of people
are having a hard time grasping people just hold and all they're doing is they're holding through a
wave and that wave is literally just
moving sideways this is most mean coins right now they get up to like a billion a billion cap
people hold comes back down minus 90 they get back up there to that billion cap people hold
say it's going to 60 billion 100 billion 200 billion it comes right back down minus 90
they get back up here don't get back to awesome high, they get to like 80%.
They're like, this is where it breaks out.
And then what do they do?
They go right back down and minus 90% again.
And that's what I've seen time and time and time again with mean coins.
You could have played both sides of this wave if you just paid attention to it.
But again, just everybody's waiting for that giga eight move
from the market doesn't mean they can't come but we need to see these l1s move first and we're just
not seeing them move at the moment we're just seeing them kind of hang out that's why i told
people like right now you don't have to panic into the market if you're not buying bitcoin you can
simply just buy things i mean here's a great post too, Profits. This is something else.
You should be following it to Bitcoin if you don't have fucking Bitcoin.
This is something else I brought up to you too.
Let me post this one real quick.
Most don't have Bitcoin.
We're going to go to the hands in just a second.
Welcome to the show.
We got a lot of vibes. We got a lot of vibes we got a lot of vibes oh look at that will put the space on his damn
fucking thank you so much well wow here's the thing that i wanted to point out yeah go ahead
what's this thing right here
sorry about that no it's okay so it stated last month, and so anybody who thinks that I'm just talking, right?
I don't know what I'm talking about.
Memes are the future, right?
Last month, 1.76% of wallets made over 1K on PumpFun.
I posted some fun facts up top, too, if anyone wants to look at the full breakdown.
Yeah, he's reading that. He's full breakdown. Yeah, he's reading that.
He's reading that.
Dude, that's fucking crazy. You got better
fucking chances
playing the claw. Somebody played the claw
the other day and got a $600
fucking Pokemon card
for $30. You guys are
trying to... We should launch a
fucking pump fund. 1K,
though. People want to make...
People want to throw their money away.
We should take it.
Like Cam always says.
Bro, look.
This is the...
And here's the thing.
There's on-chain evidence of this.
This is actually a real thing.
Pump fund has literally liquidated
almost 98% of its users.
They didn they make anything
thanks for the 20 bandos
people don't know that I mean profits
that's gonna be an old one but uh yeah I mean it's this is this is just
this is this is what the market is providing at the moment this is why I'm
saying like you don't have to panic right now like things are just they're just not there yet like you can buy the things that you think are going to do well
and hang on to them and wait for that moon phase if you're patient enough but you should also fully
expect everything you've bought to go to zero so it's a risk factor of understanding you know this
is a high risk high reward play and and I don't think people understand what that means.
No, they don't.
They absolutely don't.
They won't get it.
They absolutely fucking don't.
You could talk for 120 minutes straight if you really wanted to.
Real quick, welcome to the show, 7 o'clock Eastern.
In about an hour and a half, I will be hosting the official BZ Space with Ponds.
We're going to be talking grinds, collectibles, all that fun stuff.
Make sure you pull up over there.
I put it to the top so you guys can set a reminder.
We will be giving away money like we do every single day in just a few minutes.
Liking, commenting, reposting is what qualifies you to enter into that giveaway.
We are on stream.
So if it sounds like we're like not just spacing,
it's because we're not, baby.
We're on live.
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Make sure you pull up.
Thank you for the support.
We are jumping out of this motherfucking bubble
and exposing all the amazing information to everybody
on all channels because they deserve it. But yeah, let's jump to these hands real quick.
Let's go to Thanos. Thank you for being here. Welcome to the show. What's going on?
Long time haven't seen you in any of what I'm saying. It's good to be back. I just wanted to
jump on top of Will's perspective so the crowd can understand what's happening on both chains simultaneously.
If you're on ETH, the crowd has currently split.
The big time whales are no longer just all ETHers.
Some of them are now pushing abstract hella hard.
So that split is allowing the plateau to happen with the staggering.
On Solana, what Will just said is one of the main reasons why it is staggering and plateauing and doing all kinds of crazy shit. Whenever Solana gets a chance to get aggressive and actually accelerate, get some velocity, pump funds seems to fucking pull money.
giving money to the extractor while the other crowd is trying to get the line at the all-time
high. So these two things happening at the same time, you know what I mean, really make it
difficult for them to follow with Bitcoin because no one on Bitcoin right now is pump funding.
No one on Bitcoin is abstracting and splitting the crowd. So that's the reason why it's also,
and also it's in talks for the reserves. It's got the ETFs, the flow of the billions for the last few months. If you hadn't seen it, it is dead ass fucking apparent. Will is dead ass right. You should have been following it. You could have bought some ordinals for point zero zero zero zero one last year.
now fucking, I think like a thousand bucks just for holding, not even doing nothing, just holding
some puppet looking fucking Romilio shits. Okay. So putting people in the right pocket so that way
they can get profits from holding long-term immediate from, you know, short terms, that's
really what the crowd has now shifted to. And they've gotten smarter. They're sizing better.
They're not giving up so much money past 10 mil, you know what I mean?
So it's a really different crowd right now, and if you're not with teams that understand that, you are going to fucking lose.
So that is the perspective I wanted to add on top of Will so people can get a good look into the micro so they can say,
all right, his information is fucking correct, but Homebro just added another good look for us so we can dive in better.
Yo, thank you for that.
And real quick, Will, do me a favor, because we are absolutely going to make
the Bitcoin Ordinals and Ruins ecosystem and expose them for the pieces of shit that they are.
Will, do me a favor.
The DM I just sent you of my Bitcoin Ordinals tweet,
I need you to go ahead and put that on the Jumbotron for the people on screen because I need to show them how fucking gullible the people who you can clearly see who lost on Bitcoin with this post.
The people bitching and complaining on that post to me.
I'm almost sure I have way more dog Bitcoin ordinals, runes, Bitcoin alone than you.
You fucking crybabies.
Because all you people do is use this damn fucking app as a vent when you should really just be paying for fucking therapy.
That's what you should be doing.
Don't cry to me.
Don't cry to my motherfucking tweets.
Cry to your mom.
I'm here for Elon bucks and for good content.
If you're not, I don't know what the fuck to tell you.
Please, please put it up.
Let me see.
Did you put it up?
It says, delete and block everyone who promoted runes and ordinals to you.
And it got 53,000 whopping views, okay, in 24 fucking hours.
In 24 hours.
You did a little scroll on my timeline, just a little scroll.
You would see I own OMBs.
You would see I own Pizza Ninjas.
You would see I fucking hosted Bitcoin events covering Bitcoin products.
Shout out to StackIt.
Shout out to Liquidium. Shout out to Liquidium.
Shout out to fucking OMB.
Shout out to Puppets.
Like, holy fuck.
You guys were literally eating up the vaporware.
98% of that ecosystem is vaporware, okay?
Don't argue with me.
It is what it is.
I was even told I was an ETH influencer.
What the fuck is that?
What is that? What does that even told i was an eth influencer what the fuck is that what is that what
does that even mean what does that even mean because of this fucking mutant ape and they're
like oh that was my favorite comment oh it was of course it was a mutant ape this fucking mutant
ape has a better credit score than you okay that's what you need to be focused on anyway frankie
welcome to the take it away brother yo yeah i uh it's a good point, man. I'm glad you guys talked about this meme coin shit,
and it's something that I've been going on about for a long time now, you know?
And, you know, when I first got to the space, I noticed something happening on the timeline.
I felt like a lot of people were getting psyoped, and I feel like it's, I feel like it's still, like,
I feel like it's still relevant, you know
A lot of the alts aren't really doing a whole lot. They're ranging. They're they're selling off. They're ranging
They're pumping a little bit. They're ranging now's not the time to be looking for for gains and alts
It's just not you know, the market conditions aren't there
Retail isn't here or new market participants aren't here and you can look at
you can look at social data for that new youtube subscribers new twitter followers for those you
know the top analysts and content creators in the game are low you know they're as low as they've
you know really ever been the business cycle is still yet to come that means that there's not
really an abundance of jobs we We're not creating new jobs.
We're not expanding. The economy's not expanding. And that really is what we need along with other macro factors, liquidity and lower rates and NQT. All these things really, I believe,
are still in front of us. And so what people have been psyoped into
believing is that the only way to make it in the space or the only way, the only reason that the
space is valuable, the only reason you only can make money in the space is to gamble on memes
or hyper leverage trade, because the timeline is constantly bombarding people with, let's be
honest, probably just flat out lies. I mean, think, think about it.
I mean, nothing's ever something all the time, you know, whoever, like no matter what you see
10 PNLs, see a hundred PNLs. Some of the times those are going to be fake. Sometimes those are
going to be fake. So think to yourself, how many times are they real versus how many times are
they fake? And even if they're not, even if they're all real, do you have the skills?
Are you in the insider chats?
Because I'm telling you, that's how a lot of people make money in memes,
is being in the insider chats and knowing who's going to pump and what token and when to sell.
Getting lucky is getting lucky.
That happens.
It does happen.
Go to the casino and sit there every day.
And you'll see some people get lucky.
You'll see most people walk out of there pretty upset.
And that's exactly what we're seeing here in the timeline.
But the thing is, nobody broadcasts the L's.
But we can see it.
We can see it in the data.
It's right above you.
It's right there for everybody to see how many people lose their fucking ass.
But because a handful of influencers who for some
reason people want to be like tell you to keep clicking people seem to just people seem to do it
and you know gambling addiction it is what it is man you know we all have our vices do it you know
do you man but there's people out there who don't have a gambling addiction there's people out here
who are really actually trying to do the right thing and i feel like the timeline is convincing
them that the right thing is to risk it all in memes when really i believe and i could
be wrong i don't have a crystal ball but there's real things happening in the space you know the
reason that the reason that we are here the reason that blockchain exists the reason that crypto is
a thing is not because gambling is not because leverage trading that shit has that shit has
been around putting it somewhere else and calling
it something new, it is still just gambling. That's not why we're here. We're here because
there are real solutions to real world problems that are happening. I'm not talking about
creating some protocol and then finding a reason, finding a problem for that to fix.
I'm talking about making things cheaper and faster for people. Digital advertising,
things cheaper and faster for people. Digital advertising, payments, intellectual property,
smart contracts. There's real things happening here. There's real countries and companies
bringing this shit on board. And so ask yourself, who's doing that? That's where my chips are.
Again, I can't tell you for sure what's going to happen, but I can tell you for sure,
I've never made any money on meme coins. But I've never lost any money on meme coins either. Think about that. I've never lost a
single fucking dollar, not one thin dime on meme coins because I refuse to participate because I
believe in what's going on in the space. I believe in the solutions that are happening here. And I
believe in my investments because I've done the research and I've, I've put in the time to have
that conviction.
So it's all about finding your conviction, man.
If you can only find conviction in memes, then goddamn, I hope you fucking get lucky because I hate to see you lose it all.
But anyways, that's my rant.
No, that was perfectly said.
And the only thing I would add to that is for years, for years on spaces, on video, bullshit P&L screenshots.
Finally, you guys are starting to realize that P&L screenshots are fucking bullshit.
For years, it was, oh, skill issue, or you just don't know what you're talking about, blah, blah, blah.
And now we have actual metrics and facts and numbers behind this bullshit, this whole gambling sector.
This is never going to go away.
It's never going to go away. It's never going to go away.
My opinion, actually, hot take, I think RWA platforms, and I'm not just saying this because
of BZ, but I truly think RWA platforms and things that are actually giving something of value in
exchange for maybe doing a little bit of gambling, quoteunquote is what pops off essentially before anything um
in the last week i've talked to like five traders like mean traders that
maybe lost their ass and they found bz or they found whatever fill in whatever
huh they found god they found god they found whatever platform to just kind of play
a game and get something in return and they're like like, oh, I'm fucking hype. I'm addicted to it. I like it. Right.
Let's go to real Wilson real quick and then we'll continue on. Go ahead.
Yeah, I agree with a lot of what Frank had to Frank had to say.
And I think that we're turning a corner. You know, we've been here before and we've seen like the ico
craze of 2017. uh before that i saw colored coins a lot of colored coins come out and a couple
different things you know the one i one of the ones that i slept on you know seeing it come from
his ear from its launch phase was doge and i just watched it go sideways for the years and then
suddenly shoot up. I think that those Doges and the Shibuinos and things like that
had people see their eyes on the prize. And a lot of people are just coming in here.
I hear a lot of statements made that in my, I've been in crypto since its inception.
And so I haven't heard a lot of statements made like I'm hearing these days. One is everyone is here for
money. And it's really refreshing to hear Frank say what he had to say, because I that's how I'm
a political scientist. And so Bitcoin was a third token experiment that I was able to get involved
in. And the reason that it was important was because we saw you know anybody that was in school or or or around in 2007
2006 2007 to see the financial crisis that we were in you know and which really hit a peak
in late 2007 and early 2008 the global economy was crumbling. And then suddenly this paper comes
out the blue that talks about an alternative. And before we call them cryptocurrencies,
we call them alternate currencies and this alternate economy. And right now, we can't
solve the world's problems with our current systems. We can't take the plastics
out the ocean because it's too expensive. We can't solve homelessness because it's too expensive.
We can't, we're watching famine rise and war rise and drought rise and weather patterns are
changing. We can't change that because we have systems that make money. And we really need this degenerative culture
that has taken hold here and has basically continued. It basically dominates the conversation
on Twitter where we celebrate people who have told people about dozens of projects that are
now all worthless or down 90% from their highs. were able to take profits from that and continue on the road
and look up to those people and idolize those people. That's a phase that I've never seen before
in the history of crypto. The ICO phase came and went and you were only able to mess people over
once. But I guess it's like chips in a casino, Frank, compared to a casino.
These fake personas are also like chips in a casino.
Nobody ever has to see a person's face.
You know, like I've actually seen you out at actual crypto events.
I think a large part of crypto Twitter, they're not actually outside at these events or actually at these crypto conferences
Nobody's ever gonna see them or if you do see them they can hide behind that and it's the same type of people that hide behind
Bigot they do bigoted things and on in video game chats and things like that can do that here
And I think that we at this point i'm hearing more and more conversations
like this and we're going to turn a corner where all of this energy can go towards people that are
building things and actual products that's the thing we haven't project we haven't seen a rise
in the value of all all alts because right now all of that money is being extracted by scammers and people
are continually looking for get rich quick opportunities i love that you put that statistic
up there about pump fun but that right now that's soaking up the majority of the energy and people
are onboarding into that rather than looking for good projects and trying
to fund them or work within them and i think that we have to hit the corner again where people that
are actually building things and are able to build them with the support of these communities and
we have to understand to a degree why people are doing that. I will say that. 48 hours.
And people just have to think long term.
100 X is only nine two X's.
So if you can if you can find something that can two X over the course of a year, like Solana did at one time, where 100 X's over the course of a year i think that's a lot safer thinking than trying to figure
out how you can find a 100x today and hopping behind things just because of volume and height
and i'll land my plane there but but to your point though too you gotta you gotta keep in mind um
you know if if it's as simple as you know three ten x's or five 10Xs or nine 10Xs, then success would be there
for everybody.
It's a little more complicated than that.
I think a lot of people are better off staying away from 10Xs and just dabbling more into
conviction plays and dabbling more into stocks that they believe in, companies they believe in I think that's what I was saying for most people
yeah that's what I was saying and that's what I was saying I wasn't actually I
didn't say 10 X's I said a 2x so yes right now I feel like I've gotten more
2 to 10 X's out of stocks lately than I have
out of anything in crypto.
Crypto has just been that bad,
that down bad as of lately.
And people think they need hundreds of dollars for stocks.
That's why they don't do that.
And also to,
to add to what you were saying,
I think not enough people look behind the,
the real issue here and it's
it's the promise of wealth to a bunch of people that are struggling through a hard time aka high
rates right so there's a lot of people right now who actually can't afford to do anything so they're
they're risking portions of what they need for for money to pay their bills and stuff like that in
crypto and coming in with huge amounts and then having to go into further debt
because they lose that money to people that are telling them to just keep clicking.
And I always find that interesting because you're basically
preying on the most vulnerable people in society. You're not taking from the rich. The rich are
taking from you in a lot of cases.
I have, and I'm going to be frank because I don't, I don't, I'm going to be frank about
things a little bit, you know what I'm saying?
The fact is, it's like, if I see liquidity, I throw it out there.
I don't care if it's a meme.
I don't care if it's a stock.
I don't care what it is.
But I've never promoted anything on some cabal type shit, like no backdoor conversations
or anything.
I'm just looking at volume and flow.
I've made quite a bit of money on memes, and it's not off the backs of my followers either.
I try and get them at the same points I've gotten in.
I helped one guy.
He showed me where he put in like a 5K in one.
He came out with 350.
350, that's a huge cut for some people.
That's a huge cut for some people.
And I think there's a way to trade,
but you have to be very... Is someone talking?
I was about to say, I couldn't hear.
But I'm seeing the wows and the reactions.
Yeah, I can't hear anything.
I think...
...that position before you get liquidated.
It's just greed drives them to want more.
And they continue to hold the play until they get liquidated in a lot of cases or they'll continue to to hold an asset until it goes to zero in other cases or
minus 98 or so on and so forth even though they Thank you. you
and yeah and i'll just i i have a little bit of bias there yeah I would I have a little bit of bias we just launched a project called web free packs on .