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BULL MARKET VIBES! - Rekt Radio #104
Recorded: April 23, 2025 Duration: 0:53:42Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the significant growth of influencers in the space, the rising trend of meme coins, and the ongoing decline of altcoins, particularly Ethereum. The conversation highlighted the evolving dynamics of the crypto market, emphasizing the importance of community engagement and the potential for future recovery.
Full Transcription
Music Hello, what's up fellas?
Oh wow, an avatar over here of kook how are you yeah i'm good bro how
are you i think it looks fucked so i gotta change you look really regal today buddy thanks bro
straight out of final fantasy i know this is so gay you guys should make fun of me, but uh, what do you do? I love it. Oh, that's even worse. Hold on.
Did you buy that or is that, is that like,
part of the reason?
How much are you being paid to wear this?
But uh, nothing.
So what are you doing?
I love it.
That's even worse.
Did you buy that or is that like,
The company goes away on April 30th.
So then I got to find a new piece of shit like freeware on the internet to
use when I do video I just decided to like try to read docs like a year ago and I got so far
into it I almost didn't pull out this bullshit but I haven't put myself on the internet for like
almost a year like a picture or a video so I didn't know how you're doing are you doing that
in real life yeah I got hand tracking on i
was stretching a bit and i forgot that that would the guy would do it it's not a bit of a lag
yeah occasionally ov sends me stuff being like you gotta like we've got to dox ourselves and
i'm like brother like i do a daily podcast yeah i missed it it was fun to around and do the videos
I miss it.
It was fun to fuck around and do the videos, but I don't know.
I decided to try to do like text only crypto and not do that shit.
And I was a bit like, I don't know.
I got, you know what?
There was too many kidnapping stories.
And I was like, fuck this.
Yeah.
Stop freaking out.
And then I was like, see if I can just do crypto fucking text.
See if I'm still moving around in my chair.
I look retarded.
Well, it's working out for you, right?
I even talked to you the other day.
You've gone from this time when you were last on the show,
you had like 50 or 60K followers.
You've gained like 100,000 followers.
Yeah, dude.
I think I 3X'd since the era where I would do fucking videos and talk about shit.
It's the same stuff I'm typing but like I don't know somehow I 3x when I stopped doxing so
maybe it's better I'm a non super ugly or some shit but yeah that's interesting
that's good it does seem to be working for you and and then do you feel like
your your personalities change as well like I saw a tier list to last week, which was from that guy bandit who does tier list.
And you were like in the A class like A for alpha.
And like I was like, wow, this guy's gone from shit poster to now being put on top tier list.
Yeah, it's that's interesting, bro.
I thought about that a bit the
other day i think that when i was doing a lot of the doxy stuff and i would mix it in with crypto
but like i'd be on video and i'd be posting pictures of all kinds of different stuff and like
i would in the bear market there was less to do in crypto and there was way less like things to trade
and so it was like easy ways to stay active in crypto
and like be tweeting this or that like oh here's a picture of me doing whatever i'm just going to
talk for 30 seconds about what i think's going on this week like that was super easy to do
but then when i was like okay if i'm just going to talk about crypto and do crypto and stop all
this like fancy large shit yeah i guess i don't know if i got smarter if i just focused
more on different shit i just had a really good cycle man and like maybe that's yeah i was also
like i stopped going on spaces like i didn't really i just broke for like a year and a half
i just sat at the desk like clicking buttons and twitter's just open in a screen and i'm like
firing up what i think at the same time it's the focus on twitter like it's i mean it became telegram and memes and everything
else but like even before that ordinals like i had this weird year and a half of just like
but yeah when i cut off the doxing i saw those lists too the guy put me i like that guy for that
i think he just knows how to get people to like him. He's smart.
He knew what he was doing.
Yeah, you were – I think when you last came on, I was actually trying to think about it.
You were talking about Giga.
Bro, yeah, there's two times.
You were still Giga.
You were like the pre-Giga.
You just had the good run-up on Pups and dumped it on Arthur Hayeses and Anton, but this was like kind of early Murad days,
I think even like, or maybe premiered, like around that time you were on,
like it feels like a ton's changed.
Dude, that's hilarious that you mentioned that. That's crazy. Yeah.
That was like the beginning of when I like,
I strung together a few things and it was like OMB and then Pups,
but Pups was the one where like a lot of
people were paying attention the coin got so huge but yeah I came on on rec radio that was the first
time the only other time you guys like asked me to come on um yeah and Pups I think Ansem was
I don't think it was the time yet when everyone was a bag bag holder like I don't know if I was
right yet but Ansem had chilled and I'm like yeah you sell into this and giga it was pre murad because that was when
like we were like oh what's going to be the next coin or whatever like and i i said giga and i
talked about it a bit but was it 50 million i remember it was at 50 million you're like it's
the chat like you got to get an on giga yeah and murad didn't come in yet bro he went in at like 200
million like he even like showed up in the whale chat and it was like i never he never acknowledged
me or talked to me maybe that's why i told him but like yeah he showed up but it was pretty big
i used to well i didn't troll him i just thought like i had a couple comments for the like
insanity price targets and just the you know i never liked
that stuff like even though it's funny to joke about and i like how the tick tock guys give out
like a i think it's like a three quadrillion dollar price target for ripple but you know with
his crazy like it's going to go to trillions and solve a loneliness epidemic he was always like that
but maybe i was just pissed because he got all this clout from like
talking about giga at 200 million and i literally literally started talking about it at like 5
million i think i bought it and so and actually they hate me the whole community hates me because
it got to a certain size same as pups i'm like yeah you gotta sell this thing i think it's a
bit fucked the holders aren't growing it's just like somebody's gonna give in this game of chicken like everybody's like hypnotized by murat and then the team like
there was that crazy candle like so but i i started selling it like about 300 maybe and my highest
sale was probably like seven and i think it went to like nine and then i was i was out like before nine and it nooped in between
or something i don't know it was my second best trade ever and pups was the best one
and then there was like mudang i round tripped it i knew i was gonna round trip but i love it
and then fart coin actually maybe that'll be the best one ever by the time it's done i don't know
and then there's a bunch of others that are like, not that, like, those were the huge, huge ones.
So I think that's a good description of you coming back.
I think we can set up some conversations later.
Firstly, let's bring everyone else in
because KBM's looking at the screen
and I know Steph hasn't said a word yet, so.
Bringing them back.
You guys sound like you're doing great.
I mean,
like I was all in on the stories.
So guys,
$5,000 surprises,
right?
we finally got a sponsor.
We had to create a company to actually get a sponsor for ourselves.
Uh, and we have geek.com.
Go sign up.
use code rec radio or use code cook for what
was more you promising people for a coke cook again I don't know I always lie and
make something up yeah there's an air drop if I ever launch you get advisor
allocation you sign up with my evening yeahlink. Yeah, so RektRadio you get 5k,
and with KOOK you get extra airdrop.
Oh, they get it.
So they have to use RektRadio,
and then it makes them eligible for 5k.
Just use that, for sure.
I thought if you type in KOOK,
it means KOOK gets your airdrop, right?
That's how it works.
Yeah, that would actually be sick.
I think KOOK can do it.
Like an inverse code.
Yeah, that would be amazing. Anyway, we're going to do the prize at the end um maybe we'll do some quick as well um but yeah sign up you have until we're going to do it in about 30 minutes
um so if you haven't signed up geek.com uh i think the link's also in our like pin to wreck radio but yeah we've been
super busy me and kbm doing that for 20 hours a day for the last two weeks but we're coming we're
coming out the other side it feels like um every time every time we start the show and you guys
come on it's always like this massive sigh like you're coming just like it is it comes on and he's like oh my god it is kbm's waiting what it
like kbm's a beast i'll tell you like as somebody who started this is somebody else um kbm is in
literally like every chat he's proper quarterbacking i'm more of a chairman i would say
i'm more of a chairman sort of position and And KBM's like the fucking, like, he's the one.
That's why he's talking in all these chats.
Because he's just, like, organizing everything.
Yeah.
I had to get tech support.
And he was chatting back to me one time.
Yeah.
He literally was doing everything.
I was just in the trenches in the background of support a second ago.
Now I'm back.
Trust me.
You can put a yeet support.
KBM's there like 50
i'm not i'm not in the support like talking to people once i know them now i stopped doing that
just wasting my time but i'll talk to kook or anyone uh that i know in support if they're there
but yeah i got this tech word up uh some guy decided to send basey to the eath address
i saw that yeah well he sent one1 and wants us to recover it I
don't think that's gonna be possible maybe like what is really going on here
if you really got a pissing off to start sending bet base east to our to our
deposit addresses just open up support tickets he'll be at every single one
there you go as much as you can yeah that'll
really make me mad maybe a couple hundred grand worth would be good no we're gonna
fun they'll fund us publicly like what a scam they stole my one dollar base e
yeah i mean we're all two words with the scalability stuff it's gonna be nice
yeah we've got a big big scalability changes going through again
going race is going back which is gonna be a big one everything yeah so roll
when coin race I love coin race yeah one race would be great for this
thing but we tried to play some of the other games and everyone plays it too
cautious I feel like coin race you just gotta you gotta play it dj i have a whole system yeah i love it i love playing this i think
that like i don't know the original games are all pretty good like i was pretty surprised because i
don't like we got on like games of chance like that much you know i'll mess around with the slots
but like they're fun i was playing so much coin race i needed back
yeah that's being that we've got a ton of other games we've got some guy who's ex
ubisoft coming in and making all our games now it's it's we're gonna upgrade we've got like 20 of them um anyway market like what's uh what are we doing here i mean trump's flip-flopping on china
now um china's bad yeah I saw some stuff today not to
interject I sold too I mean like I think I think that was a pretty good pop off
the lows what is it like 45 points in the queues I don't know the big moves
have occurred it seems like we're just like whips on each way with the low
liquidity I think today's probably a good idea to take some profits
i'm still bullish man i'm still bullish i think yeah yeah i mean it's possible but i don't i don't know it's definitely possible but i'm going to eatans and i think it's going to be a nice summer
yeah i'm just a scouting theory i don't like holding positions for too long yeah fair enough
i think it's going to be a lovely summer of risk.
That's my view on the market right now. It's like a well-known saying.
You're not familiar with the lovely summer of risk that's been on.
Summer of love. We had that show. Obviously, we do like me and OSF do so many podcasts,
but we did the Real Vision one three weeks ago was it and Bitcoin was like
80k or just below that right when whenever everything was hitting the fan and you told
me to buy fart coin which I did on the show and then bought a bunch of other things around that
time like um it's longer and Bitcoin but i took just took some profits i just felt
like today today just feels like everyone's trying to fomo in and that that yeah learn a little bit
more after this like i was too long term my thinking i didn't fuck it up but definitely
gave back a ton of profits last time um and i'm just gonna be a bit more like
where it feels frothy just sell some i didn't sell at all just sold some
yeah it's like uh when we were getting along what a week or two ago everyone was
telling how saying how stupid that was in the comments now it feels like everyone in
the comment section has flipped long so do that and put what you will. Yeah. Or FOMO this morning, right?
Yeah.
When it started to go to 94K, it was like, oh, I need to buy.
Yeah.
I was like, okay.
It feels like a chill out time to me.
I do agree.
I wouldn't be adding risk here.
I'm more kind of like holding risk I bought lower down.
So if it backs off from here, I'm not going to lose money.
But, yeah, i wouldn't be
like yeah jumping into add risk here like i'd wait for dips to add risk but um i mean you should
have been buying the last few weeks it's just crazy prints and some coins which are up loads
now so yeah just depends on your strategy right yeah if you're longer term i guess there's no
reason to kick them out yeah trying to trade swing trading this is definitely not a buy point i'm so long-term bullish on make aware coins man like all this stuff's gonna
i think every single altcoin is going to go to zero i would have to agree to that except for
probably solana and maybe something will replace it one day. Ethereum, zero. Yeah, total zero.
Ethereum sucks.
I'm not even joking.
The only place Ethereum is good is in CoinRace.
Everywhere else. Yeah.
Oh, man.
It does way better in CoinRace than it does other things.
I had to learn to bet on Ethereum in CoinRace,
and I hated myself for it.
I used to never, ever bet on it.
And then I tried to go more robotic,
and I just placed my bets based on the odds.
But yeah, Ethereum wins way more in
fantasy land and game a chance than it does in real life we need to change that round don't
we we need to make far yeah you need to get it dude i think um four times on far point
so the reason why we have you because i feel kooky you're like slightly different it obviously
that you have more of a you have a macro trading background as well but like what you're generally
really good at is it like the early stuff but you tell us we should get into and we're just like oh
yeah I don't know man and then and then it moves like what what do you what are you looking at a
bit more not just like some random I don't really know yeah what are you looking at what's
what's what's taking your attention okay let me think that's right i uh yeah when you guys are
talking about like macro like the you know most of my portfolio is going to be in like
and soul and like you know safe stuff outside of crypto but then what am i like the speculative
part of crypto like i'm always trying to do something and that's where i always hit the
biggest wins like yeah and i'm thinking about this a lot like what's the next real thing i think that
the bull market got too frothy trump was the pico top of the meme market, which was the prevailing meta, which was like, if you notice the early thing in like September 2023, and then whiff came out and it was like, okay, if you saw the future, you know, it's going to be Solana memes pump, you could have seen what that was going to do maybe.
So the bull market loses steam.
We have this crazy tariff noise every day.
They're going to print money probably.
So majors should go up, I think.
But like there's been no time, I guess what I'm saying in a really long way.
My view is that there's been no time yet for us to redress the Ponzi.
Like in crypto, we just redress the Ponzi from like ICOs defy to nfts to memes and like memes were always
there but like you know there's been attempts at it like social fi and like we had weird farming
seasons and like ordinals and runes and yeah 100 alt chains trying to convince you to go buy an nft
over there which makes no sense and like so yeah what's the next thing i think i
tweeted some about this like a couple hours ago but i think that like the prevailing meta still
memes for the rest of the cycle because it can't really become anything else unless some weird
happens on bitcoin and like i think a good dart to throw in crypto with a very small amount of
capital assuming you're going to lose it is runes and ordinals and i hate myself for saying that because they're so gay and all the builders are all fighting all the
time it's like pico bottom washout like and it's a failed experiment but brcs came back and i bought
pups and it went to zero for a year and it was only because i was over there around uh bitcoin
is a brand at the end of the day it's only going to grow But I don't think it's that
So that's not my answer
I think it's just
Consolidation to me and winners bro
And the winners SparkCoin
We went from trenches, machine gun
Like shotgun, spray, pray
And you're going to hit 300x a day
Tapered down into like 100x
Like every once in a while
Then daily runners
Then just winners where the big coins
went up then most of those went away and the winner is farpoint and so yeah i think memes
taper into farpoint everything that launches is a farpoint derivative now i bought one meme but i
maybe i'll say it no one's gonna give a fuck it's really small the only narrative i like and i
threw a fraction of a like real size bag at, but I think housecoin is funny because with all the political drama in most of the world, the developed world's fucked and everyone's fighting each other and it's leftist, globalist governments against right-wing.
Anyways, all young people, the world over, in the entire developed world are priced out of housing.
in the entire developer world
of price data housing.
And so the house coin meme
about like your price data housing,
but not price data house coin,
to me is very funny,
but also it'll just get called
a bar coin derivative
and bar coin will swallow everything.
I can see it on the news.
I can see boomers talking about it.
That's my last meme,
like dark throw.
It's the last thing I bought
other than bar coin.
And I didn't even,
to say I bought it,
it's like,
this is still in the Dgen stage i ran i've seen a lot of people mention that that house
coin um what is that like because is this is this a like uh influencer got together thing or like
what what is this i actually like anthony's mentioned it
you've mentioned it now well i thought he else mentioned because he's he's getting trolled about
it yeah i'll tell you so i started to see it it's just a pump token that got launched i don't think
there's no like it wasn't like a team that launched it or anything probably a cto as far as i know
there's nothing behind it but there's a really smart guy who I got to shout out to me.
He's one of the best guys at trading attention and like seeing the potential
of a meme pretty early.
Lexapro.
His name's Lexapro trader.
He doesn't have like a mask.
You know him?
Yeah.
Lexapro,
he's sick.
So the first time I saw it a long time ago well a long time
ago in the meantime but he was talking about it and i chatted with him a couple times i bought it
and sold like i sold one of the peaks earlier like and then i was thinking about it even after
i dumped it because i'm like oh yeah nothing's gonna work like but the community was still
raiding me kind of and the memes are good and I do like the narrative even though the dummies will
call it a derivative so I ended up buying it back when it was like it nuked
to six million or something and now I'm still holding it I'm like yeah I think
it's cool it's just like can it get out from under the derivative label like
fart coin is I think still gonna go to all-time high like looks like it from
there like I don't know about $ but i like farquine the alpha winx is the last nft like yeah somebody said that like
farquine is the final form of of meme coins like it's the final one like oh when you asked me
before like when i was on I came on another time
I don't know if it was rec radio, but like I think for rope was on there or something and I was like
I came on to like shill fart point in the first part point run. I'm like, oh
It's the oldest joke in human history. They got this tablet
Yeah
And I'm like, I'm like oh far point. Oh
So yeah, dude, it's the oldest joke ever in human history.
And it's also the first joke a fucking AI made.
So I don't think it was on here.
I think we just did a show with Farouk once.
He said that joke and we looked it up and we verified it.
I remember it wasn't on radio.
It was just some random stream, I think.
It was slightly different.
You said it on here too.
Maybe you said it twice.
Yeah, I was running around saying that.
That's for sure.
You seen this Trump headline?
Yes, I did.
Hold on.
He's off at dinner for the top holders of his Trump coin.
It's at 80% right now.
It's zooming fucking high right now.
Oh, my God.
Jesus. Thatesus so funny the family is just
fucking hammering the offer in a minute right oh man
so much into this pump hey why is it up he said the top 20 top holders get to go to a dinner with him. Oh, yeah.
Bro, I'm gay. So 34 minutes ago, I got the tree capital in Telegram,
and I screen capped it and sent it.
And then I was like fucking around a bit.
I checked the price, and it was up 6%.
I'm like, huh, no one cares.
That's weird.
I would have loved to front run this because I'd think it'd be a god candle.
And then I didn't look again.
They were slow on this, bro. I should have made the trade i'm a loser this one was fucking slow you could
have murdered this 34 minutes ago you can check it's all for the listeners five minutes to
accumulate infinite yeah and crazy right you uh shorten this kbm this feels like a is this a short i think it is i'm not shorting it here i
don't know it's like it probably is a short but like i don't know i don't really feel like spending
my day dealing with this shit and babysitting this this is when you have to babysit yeah but
you've got a lot of support tickets to deal with yeah there's a lot of other courts that go on like
support i sent some blast I sent some blasties.
I sent some blasties to the deposit wallet.
You guys support blast, right?
Yeah.
The best part of the thing, I was like, I've done it before.
He's never deposited before.
Like, people were just wide to the face.
Like, buddy, we have the data.
Anyway.
I might just create fake accounts and do this to you in my spare time that's i mean
then you we need to find other work for you if you got that much time damn i thought you were
working hard the chairman role the chairman role um yeah um so i quite like that i think the bitcoin
Bitcoin, fart coin barbell is one that I think you can own for the next year and be really well.
fart coin barbell is one that i think you can own for the next year and do really well
You think so, right?
I don't see a better risk profile, I think.
Can't be beat.
I think meme coins are kind of the best form still.
I don't think we're going to, like NFC, I think you can come back, but you just don't get parabolic runs.
Like you'll get like, oh, somebody turned 0.1 ETH into 2 ETH.
It's not like somebody turned a million into 5 million or something like that.
And I think Farcoin's probably just decided it's the one, right?
It's just impossible for it not to be.
And I wonder, you do talk about runes quite a lot and ordinals and stuff.
And I just don't know about that one.
I'm really bullish on Bitcoin dominance, but it feels like it hasn't.
They haven't even rallied with Bitcoin this time, right?
Is it just going to be one moment?
Yeah.
I'm not really buying the stuff.
I just took a few shots.
It's been complete heat death of the entire ecosystem for a year.
And I remember BRC20s.
When I went to fuck around, I just liked the idea of Bitcoin alts from the beginning.
Because I'm like, it doesn't matter if it works good.
And I'm not a maxi on this stuff.
I actually fought it more than anyone. But the story behind it, it doesn't really matter if it works good or, and I'm not a maxi on this stuff. I actually FUD it more than anyone, but the story behind it, like it doesn't really matter
if it works that good.
It's still Bitcoin and like two enormi Bitcoin's Bitcoin.
So once like friction gets removed, if ever, the assets might be desirable.
But nowadays my thinking has changed where like, I think that, yeah, I don't even know
why we use the token as the base currency on a given chain.
Like, why don't we just use USDC?
Like, it's crazy.
So it's just a gas token.
But I could talk about that.
It's a whole different conversation.
Dude, I'm saying, preaching to the choir, I think stable coins could really fuck with L1 too.
I actually think it's going to happen.
The whole, like, focus, you're starting to see institutional pieces move on stablecoins.
Stablecoins will be the next massive narrative.
The weird thing about that is it's hard to make money on,
but you get to buy the Circle IPO, and I'll make that heavy.
Aren't you just buy loads of USDC or USDT?
Yeah, I heard you.
They told me USDT is $5, actually.
Take them short. Take them actually. Take him short.
Take him short.
I would say there's interesting infrastructure happening on Bitcoin L1.
And like, I don't know, that doesn't mean the NFTs are going to go up.
And it's not like I buy them.
Like I have a couple NFTs because I do a little bit of lending.
And like there's some ones like from the big collections.
Like I have one node monkey and like i have one omb but i wouldn't buy this stuff to expect it to go
up but i just think as an ecosystem like what's the next massive wealth creation event in crypto
like dgen wealth creation event like d5 and nfts and then memes and like if you're there early like
it's coming and it might be i don't know
it's not it's not soon though it'll be born out of like the bottom of a brutal bear market
but i i like something on bitcoin for that i guess along with other things maybe i don't know
it's hard to know what that could be isn't't it? We had ordinals like two years ago.
Yeah.
Don't know what else it could be.
Well, and then we ran back memes, right?
Because maybe it's nothing.
Yeah.
We just ran back memes on a really seamless... Could be.
Yeah, Bitcoin.
Yeah.
My guess is that, and this is maybe like slightly bearish take,
is like the next bit of this may be like a semi death of a lot of these like l1 tokens
um as it becomes just bitcoin and stable coins and that causes like not a bear but just like
everyone discounts everything and then suddenly people start to see value again then as currencies
almost like there'll be like a oh this shit is all just worthless compared to stables and then
they'll be like oh actually maybe this stuff is better than half of these stables anyway.
Like, almost like a Bitcoin-style narrative could come back.
The things like ETH or, I don't know about Sol,
but because Sol still feels like it can't really go do Flake
or anything like that.
But I don't know.
That's why I've been thinking a little bit.
Like, stuff needs to, like, fully die here.
Bitcoin dominance could go to 75%
and everyone thinks everything else is trash
and then it comes back.
It's kind of already happened.
It hasn't fully died
because there's still some hope out there.
But you have had an insane move higher
on Bitcoin dominance
and people were talking about
alts bleeding six months ago and they've just been decimated even alts bleeding like six months ago and
they've just been decimated even more in the last six months.
So I guess, yeah, I guess like things could keep going a lot lower in alts, but it feels
like to me the way the market's trading in the last couple of days is if you have a big
risk on globally in terms of all risk assets,
I think you will see some other things outside of Bitcoin rally.
But the problem is it might just be memes again and not altcoins.
I don't know.
Because that's what happened last time, right?
Yeah, I much prefer memes.
The memes actually look better to me than the L1s.
That's the thing here.
Yeah.
You know what's funny? I have a thought on this so like
okay how do i say this um the okay all chains will all die because they're all stupid they're
all redundant and eath the fragmented l2 approach i guess we learned was dumb and the monolithic
approach is better but he's still pumped like in an NFT cycle, he pumped a lot, even though
it's a retarded network that sucks and it makes no money. But
at that time, it made a lot of money. But anyways, here's the
point. The base asset, that's actually the money that DGENs
need to use to buy their DGEN asset the most like the asset
that gets used as money the most wins
and the nft cycle was on eath so degen money to buy your cartoons was eath and then this cycle
like soul was really the only thing steamrolled everything else and every other alt chain went to
zero because the degen money that everybody needed to go get fart coin you know it's a fart coin gas
token and so everybody has to buy it so whatever whatever thing
is like in desire in crypto the money for that is the thing that's gonna win maybe that i just like
over complicated something everybody knows and it's very simple but yeah whichever wins the dgen
money race is the one you want to be like if you're going to buy any retarded all chain but i
think that that race is done too now soul won it you can put anything on soul it maybe it's like a palm pilot Apple thing but like
the software version and someone will be soul but tech is fully commoditized now
like I don't think it matters I think they wanted with management and the
culture they've built the J if you ever saw that do you see the video
middle of there where they're just chanting
solana in a parking lot and solana's like 15 bucks or something and like i watched that and i was
like gonna fight it and i'm like wait a second this is actually so bullish and that's when i
went like massively into solana yeah it's funny but yeah they built a religion maybe a bit
you hit the nail on the head they're head, but the ones that kind of pump
are the ones that have that belief
that they can still be currencies.
And that's why XRP, for example,
no one uses XRP.
Oh my God, XRP is crazy.
And like the banks,
they're going to replace Swift.
It's just like fucking brain dead but like
it doesn't matter like it doesn't even matter if they don't do that in the next 20 years
people have that belief and i feel like that got lost with eath what they what you need to have is
a few more brain dead people that just want to own eath that's kind of where i'm at it's like there's
too many like fucking professors on eath yeah and what you need
is like them all to just be like okay and just be left with the people that
held it all the way from 5 000 down to like a thousand
or lower and then everyone goes like it this is going to be
this is now like my xrp like we're going to own this forever what does
do well though does
it do anything besides having it i think it this is what they all need to die a little bit more
and then i think they can be like i do think there's gonna be like a resurgence for some of
these it's just like yeah these are actually better currencies than the dollar you know what
i mean like yeah they're not it's like the nft chain, look, it's management, right?
Part of it's management.
And this is fucking true.
You guys have been around crypto a long time.
So who's your founder?
Like, which thing do you want to buy?
The one from the gender fluid communists or the one from Chad doing deadlifts?
Fucking shitposts.
Yeah, I mean, that's a branding issue.
There's a branding issue there.
I believe that too, yeah.
If you would have allocated capital based on who's more based like three years ago bro like once someone got wrecked and somebody won big yeah
eth needs i mean and then now like the really big leader on eth is base right and then
basically the coin like what the fuck man like this crazy coin it and they're all just rugs and he's like oh man i don't know
i didn't see the vision there plus we've had it for two years or whatever with pump or a year and
a half like it's the same thing so yeah i don't know that's a clown show to me it took me ages
to realize that like everyone was always talking about oh it's bass season there's so much going
on on bass and i like tried to look under the hood like there's literally nothing going on so why are there so many
transactions and then i realized like zora was 90 of their transactions and people were just making
worthless for years and calling base calling for bases uh just coin it just coin it man just coin
it virtuals man the ai xbt guy has been non-stop fighting part point it's hilarious it's
pure coke the bot and yeah yeah he's like he's always oh it's a whales trading tokens and it's
44 wallets like it's all fake and dude it's the best it has more liquidity than pepe
yeah the liquidity is insane isn't it yeah that's what i mean there's nothing to
fud here really it's all there's there isn't even a team that's why you all playing hot potato at
your expense lol yeah what's wrong with this ai terminal i don't know dude apparently as they go
through why is he so jealous that's crazy what um yeah like i think the
that's great what um yeah like I think the far coins is to dominate that hole
I think we're selling part kind of joke what is wrong with this guy dude he hates
it I don't know it's so funny that's pretty funny to be honest he's so
bullish on everything that's literal garbage though yeah he's the best it is well
we're stay i trading fucking just have some bad calls all only bad calls really
huh something something i really did up the cycle is is i just went more defensive rather than
shorting stuff and i remember me and you spoke alwaysF and we were like, this site was going to be the one where we like,
we actually short some of this stuff.
And it is crazy how quickly that stuff just went down 80%, right?
We didn't catch anything.
I did, I shorted Trump.
I made a decent amount of money shorted Trump, but I just covered it way too early. I think I shorted it down from 18 to 12, or maybe 18 to not even 12, actually, probably 14, and then it was like it's hard to go short when things are rallying isn't it
and i guess when things started to crumble that was the moment to like go short and hold it hold
on to it but then my mind was already like okay when am i going to start buying stuff so
sometimes i think that like you can probably make just as much i know this like it's very
anticrypto but you can probably make just as much shorting garbage in a in a ball as
there is even in a bear you mean shorting garbage in a bear you mean but like like after it then
goes right like there's no coming back to these tokens it's not like they're gonna come back it's
like they are just gone but they do have like there are those random like 50 to 100 updates
like god forbid somebody fucking yeah you just
get wiped out 30 minutes
yeah like unless you have leverage
yeah unless you have leverage
if you don't have any leverage on you're only going to make what
100% max it's not even going to be that
so you are going to have leverage
right that's what I'm saying
so like you can get you can get whipped out on these
squeezes which makes it
really fucked up in these things how liquid they become i don't know yeah i agree with you i mean we saw
gcr do it last cycle it was when he was sharing positions he made a lot shorting garbage it's
definitely possible if you're if you have a lot of capital it seems okay martin shkreli crushed
it right with all the shorts yeah i guess if there's a legit, then yeah, he did well.
I mean, if you have capital and discipline
and good risk parameters, it's good.
He's a really honest guy,
so I think I'm pretty sure.
But for a guy like me,
just keep adding into the short,
it's not going to work.
Adding, adding, adding, and blown out.
I can't hold for multi-day.
What about
Cole?
I feel like he timed it wrong both times.
Isn't Cole...
Didn't he turn long?
He did okay.
You should have Cole back on.
I don't know if he will.
I like Cole.
I appreciate his content.
I hung out with him in person once.
He was a nice guy.
We'll see if he'll come back on, maybe.
Talk to us about the hiatus, how the game has gone.
I think he's done well, though.
So, good run.
Shall we move towards giving out some free money?
Yeah.
Yeah. Yeah.
Yeah.
Yeah.
Okay.
We'll give you another three minutes.
All right.
Okay.
Go to rafflebot.xyz.
The code is PUNT.
P-U-N-T.
PUNT.
PUNT? I don't know. I didn't choose it oh pigeon yeah like
taking a pun on something really sounded like c-u-n-t I miss that on the fun
punt punt punt go to black bottle XYZ put in code. You have to link your username to RaffaBot
and also obviously have radio
in the
in your sign up.
I don't know how many people
signed up as of yesterday, but we
it could have pretty good odds of winning
here as of yesterday.
So make sure you go do it in the next
couple of minutes and then we'll choose the winner after that. What game sure you go do it in the next couple of minutes, and then we'll choose
the winner after that.
What game do you guys want to play?
Lambtrop, probably.
We're doing no banking now.
No banking, fuck that.
No banking without jumping, that is.
And yeah, I guess we'll start there and see how it goes.
Nice.
Oh, did they delay the Trump unlocks as well?
I'm seeing that in the comments.
Somebody says, did we add another rule?
I don't think so.
They're not eligible.
You have to have put your name.
Why are people not eligible that were before?
We need something. This just like so complicated we need something different
in general it feels like right i think we just need to upload the current username so if they've done it in the last like 30 seconds maybe it's not been uploaded yet well no i know dr porney
was on there last week or something i've seen that name a bunch
i'm sure right but we have been here we had some people that were on the fomo our code last last last week so that's what of course is hey if you are you on another person knowledgeable
not eligible is three people okay now signed up two weeks ago this one person
this is three people okay
win $5,000 fucking might well feels like there's only one person eligible all
right let's give it a minute let's give it a minute do you maybe want to see
what's going on like seven people that are saying it's not working in the chat.
Wrecked intent is investigating. We'll find out.
All right, we're investigating.
Let me go into Wrecked Radio.
Have you shot it out on the back end there, KBM?
No. We should probably do that, shouldn't we?
Yeah, we don't have, have a yes maybe the end of the
week you know oh he used the phone our code yeah people last week people use
the phone our code and you were allowed so if you were allowed two weeks ago and
you're on from a wow that is the reason why rather than issue with raffle but we had that issue yeah yeah I am
aware I'm a well flow our code to like Chris doesn't really matter does it um
no we want it to be under ours for sure they get their own prizes, right? Yeah. Are you doing it, KBM, or should I?
Do you want it?
The blessing.
Honestly, I have no idea what we're doing.
So we need some coaching here.
Do you want to do the account, he said?
We did the exact same thing last week.
Well, I thought this would have been done beforehand,
but I can do it now. Yes.
Directly.
Oh, no one is eligible yet.
This is free money.
Like if you're listening, holy shit.
Yeah.
Make sure you go sign up right now.
Go sign up literally right now.
Yeah.
Be the first person and then you win.
Why don't they do it?
Maybe a few people get in there. Sounds like a pretty high ev activity to click a couple buttons right now using referral
not eligible to join i think it's broken dude i think we're cucked how do you want to do it
just want to pick someone randomly from the audience oh i gave our account 5,000 twice. Or you did and I did. Whatever.
All right.
Okay, we have... You want to just bring people up who have E-t accounts?
I don't know. That's fine.
Yeah.
Fuck it.
Not the best way to do it, is it?
They said that maybe...
Is it being fixed with more people?
Man, we need to...
We're relying on this.
Testing and prod right now.
It's not going on.
This is...
Oh, my God.
What do you want to do here?
I don't even know where my phone is. Oh, there it is.
Cancel everything.
102 on the website.
12 people use.
12 people use puns.
So why don't we just use this as a website then?
Okay.
We got, okay, now it should be working.
So we'll give you another minute.
We've got 19 on the rack.
Okay, it's fixing now.
It's fixing.
It's fixed.
Some people are saying it's fixed.
Try to run it again, fellas.
We'll do better next week, I guess, again.
I don't know.
We need to strategize this.
I mean, it was working last week.
All uppercase punt. We have 30 people on that last week all right once we get to 20 once we get to
20 I think we just run it how do you think we have 25 all right let's just
do it from here you want to share screen right inside okay so I see just
to pick three people again yeah it's over with three winners all right right guys right guys nice that's cool then you know it's someone cool who deserves it we'll wait for him
all right and one more time come up on stage by the way guys.
That sounds fake. This guy's fake. Gaming Invest.
Gaming underscore invest. Classic. No, I hope he's real. I'm not saying disqualify.
Classic real guy, man.
Actually, one of the most based meme coin devs was named game five sucks and i thought it was the weirdest name ever but yeah let's see if they come up let's
see if they come up we'll have are they up on stage intern let's just run it without them
until they come up not yet come up on stage. Request on the spaces, everyone.
Who have we got?
Who's on the spaces?
Are you on the spaces, KBM?
Yeah.
Do you see people requesting?
I'm not a host.
Okay.
It's going to have to be intern.
This is going well.
Yeah, tell me about it, brother.
I have to do a completely new system next time.
I think this is sick.
This is high-tech as fuck.
I could never pull this off.
Yeah, this has been... Have have we got? Have you got anyone yet, intern, or not?
OMB.
Oh, we've got Gaming Invest.
All right, let's run it with Gaming Invest.
Firefly, DJ, and OMB, you've got approximately one minute to come up.
I told you.
Only a real guy.
Gaming Invest.
Let's see.
Let's see if it's...
He's the only guy.
Cool.
Share your screen then, intern?
GM, GM.
Oh, we've got him.
We've got him.
That's definitely a fault.
GM, I'm here.
This is a shit.
Oh, you're just a bit quiet, man.
You're here. You're here.
I'm happy for you, man. I'm happy for you man.
I can't even hear anyone.
Alright so we're gonna bet with...
500 to start, right?
500 to start.
There's no banking, you just tell us when to come off.
Okay.
Do you want to make it 500?
Yep.
Bro, what is going on?
We need a full revamp.
What do you mean?
What are we doing right now?
What is this?
You were here on the show last week.
I know, but this is like really bad.
What's the, like, why aren't you here now? So you basically have to listen to the guy. I think we need to are you there now so you basically have
to listen to the guy I think we just turned out the music so you just tell
us when you want to come off basically
hello there's a big bye bye hello hello you just wanted to what do you do you just go right I just like
you just click it right you said you there's no banking so you don't stop you just start going
it's you do it no you can bank wherever you want but like...
No, you should let this guy do it. That's cool man. I do this...
Yeah, that's what I wanted to do but I don't think he's cool up with us yet so...
Let's go right? I just...
I reckon we can do it. I can hear him like faintly but I don't know if that's fixable.
Let's go! Yeah, you hear him there? Let's go.
Yeah, click the button. Let's go yeah you're here in there yeah click the button
let's go
let's go again
I reckon we just do it
oh god
oh I see that one well
you drive here
when we stop
does he get the money?
he gets the money
what's going on? then the guy's gotta do it bro When we stop him. Does he get the money? He gets the money.
What's going on?
Then the guy's got to do it, bro, because I would just quit and give him the money right now.
You got to yell LFG louder, bro.
What?
Hello?
Hello.
I think he's stolen us.
Bro, I'm canceling the rest of this.
Let's go.
For June. For June. Well, shouldn't the guy do it? stolen us bro i'm canceling the rest of this let's go for joom
i think there's a huge lag i can hear an echo and it's like let's go june right yeah i think we should just go when is for next week right like this has not
gone well let's find a different plan uh unless you just want to let's let's just do this a
different way next week uh i feel like we're running people there for this for these prizes right or should we just run it right i think we should just keep these winners
for next week right like this is not going well let's find a different way to do it all right
let's rock it rock it rock it in turn this isn't working we need to find a different way to give
out these prizes this is a cool idea though if. If they could come up after the round shot, that's pretty sick.
Those three, you guys will win for next week.
We'll just work out a way to get you up on stage better.
It took way too long.
And we got one by Raffle Block too long.
Sorry, guys.
Not the best ending there for the prizes.
I won those and another one next week.
I don't know.
That was a complete semester.
All right. That's it it thanks a lot kook um we will have you on next week next time in six months when you you choose us uh some
other winners for now it feels like bitcoin far coin um random ordinals and house coin
forever fart coin solana and yeah other than that you're taking speculative shots okay all right
both I will we'll see you guys next week we'll have a six winners let's look like from the
prizes next week hi guys you guys thanks for having me Thank you.
