Thank you. Thank you. am i up yes sir nice okay did not work at first, but tried, tried again. It worked out.
All right, I see the coast was canceled.
Action, I see you in the audience.
I know Mr. Alexander Phineas is going to join up here in a minute as well.
Talk a little bit about what's going on.
It feels like there's a lot happening in the world of X these days.
My timeline's been hustling and bustling.
There's a lot of grok imagined.
There's a lot of Bitcoin talk.
I feel like the streamers have become a big thing.
Actually, have you seen this?
There's, like, these accounts that, like, feel like they're just dedicated to, like, making streamers relevant.
And they just pull clips and all those other pieces, things like that.
You know what I'm saying?
They're finally realizing that there's money in that, dude. what it is like people don't care about full strings but they
definitely care about those hot takes they're just leveraging it that is a good point yeah they are
continuing to leverage it so i see more and more of those happening just kind of across the board
and so that stays interesting to me as well whoo yeah the hot takes have become a bigger part of
this that's how you get things going.
I'm curious, actually, I see a lot of
videos posted now, and I feel like people
put a caption on the video, and then people don't even
actually watch the video, and they just
use the caption on the timeline
to basically make the assumption.
welcome to the internet, dude.
You actually have to look at content,
not just assume what's going on.
Yeah, I mean, this has been happening forever.
It's just like right now, they're leveraging the descriptions and things of that nature for reach, right?
Because with the algorithm, they're not necessarily looking at what's going on in that video.
They're looking at that caption.
So if you want that video to do well, it's all about what the text is right below it.
Or if you capture people for a long enough period of time for the algorithm to say, okay,
this is worthwhile watching.
Yeah, it is about keeping people in your content.
And obviously, video does that.
Links get people off of your content.
Pretty funny that there's still deprioritized spaces links, even though they keep people
So that stays interesting to me as well.
I've been just, you know, I stay looking through
Alex's page as well, just like what he's putting out there
and continuing to talk about it.
It feels like it's definitely still code, algorithm,
Some of those different pieces.
That's a lot of what he's covering through YouTube
and different pieces like that,
perplexly trying to buy Google Chrome and items like that.
So he's really sticking to kind of like his main area,
which is I think something that we've talked about a lot across the board is
if you want to stay relevant with content and keep people in,
you do have to hammer it.
Actually, do you feel like I still, it's like funny.
I see accounts where, you know,
they're just taking the same exact tweet and they're just reposting it every
But like somehow it kind of hits each time.
And I'm like, huh, that's a funny tweet.
And I wanted to show it to people.
But it's like this interesting phenomenon where i'm like should i be annoyed that
you know they're just posting the same content but then i'm like well i guess maybe half their
audience never saw it before so it does kind of like create a little bit of a conundrum
the only people that get offended or like worried about about those things are actual creators
right because we're the ones going around going wait i've seen this before that's cheating But ultimately, they're just catering to their audience, man. And you got to
be honest with yourself. Like, I don't think all of your followers have seen all of your tweets,
right? So if you're posting it again, you're just trying to get a little bit more reach. And
what happens is that that algorithm is going to prioritize the people who actually liked it,
and then the people who are similar to those people. So is it messed up a little bit?
But hey, if it works, it works.
My whole thing is that I don't care if it's reposted,
as long as it's something of value.
Is it going to make me laugh?
Is it going to inform me?
Is it going to do something good?
And it's not just clickbait?
I think that's a fair point.
All right, I want to talk about the video side of things, though, because it's all that Elon posts about these days.
And I've tried it out a little bit and played around.
Grok seems like maybe they have maybe one of the easier ones to use just because they've kind of built it and just made it free for everyone, right, with some of those pieces.
So those are kind of like some of the things that I'm continuing to look at.
And I'm just like curious on people's thoughts and if they've tried out multiple platforms.
Yeah, I don't know how this is going to work.
I have this new app on my phone.
I forget what it's called.
But it basically makes it so I can only spend like 10 minutes on this app at a time before it kicks me out.
So I might have to, and I can only do that like three times a day.
I do that because this app is horrible.
This is just a horrible app overall.
It brings literally nothing of value.
So I might go in and out a bunch of times throughout the space because of that.
It restricts me from using the app.
So we'll see how that goes.
Yeah, I mean, the entire app now is just videos of knights kissing princesses
in five frame per second videos at a time.
That's the entire app now is just I go on the feed and it's people arguing about politics
and then five frame per second videos of knights kissing princesses.
So, yeah, very great. You know, I do love, I do love to see a good video of Tom Lee being animated to
be dancing with some ladies as Ethereum pops to all time highs. So I can't see it. That's awful,
but the Grok videos, you know, they leave, they leave something to be desired. Would that be accurate, Alex?
Yeah, I mean, I think it's a mistake to hyper focus on this app on AI functionality that's not nearly as good as any of the other AI apps, right? Like, if the draw to this social media app
is going to be AI videos that aren't, you know, that are worse than the quality
AI videos from three years ago, it's not going to drive many people to the app, right? Like,
I wish they would spend time on reasons why people use the app, like, you know, fixing spaces so I
don't have to leave and come back in 10 times to speak on a stage. You know, I wish they would
make articles so that when people write
articles, which they hyped up for a while, it actually goes on people's feeds. Communities,
I wish they'd add a feature to the communities because they, you know, said it was the next big
thing four years ago. But instead, we get three frame per second videos of knights kissing
princesses all over the feed. Try Grok Imagine. Turn any photo into a video.
There's no one coming to X to turn photos into videos.
No one's coming to this social media site
to turn photos into videos.
It's so crazy how some people
kind of like completely turn their content strategy
elon to repost them and jump on the bandwagon that's what's going on right now it's just so
annoying like yeah it's great to like test things out yeah it's the worst it's ever been it's the
worst it's ever been because it's the most obvious it's ever been because there's never been anything
more obvious that the grok imagine video functionality is like just absolutely horrible and so literally anyone it's the biggest tell because anyone who goes on your
feed and says grok imagine so cool instant tell that they're a sycophant instant tell because
it's so painfully it's like if someone posted a picture of like the color red and went hey look
it's the color green like it's just an instant tell that they're a liar and a phony, right?
Like it's never been more obvious.
Sorry for cutting you off on you.
It just got me worked up.
And it's the same thing with other things too.
Like how the, everyone started talking about make X the number one app and this and that.
Like anytime Elon posts something controversial or there's like some kind of drama that starts,
everybody jumps on the bandwagon and elon repost them too so it's like it's like you're literally on this platform
to get that attention from elon like it's so crazy like it makes no sense to me
it's unreal there's so many accounts i like really respected that all of a sudden
over the last few weeks have turned into total sycophant accounts it's like i have to immediately
mute i can't interact with you anymore the moment you become total sycophant accounts. It's like I have to immediately mute. I can't interact with you anymore. The moment you become a sycophant account where every post, oh
my god, this is the greatest thing I've ever seen in my life. Wow, look at this. The Ani
Gooner app is now teaching me arithmetic. This is incredible. This is the most amazing. Look,
this half-naked anime character is teaching me arithmetic. This is the greatest feature in social media history.
Make sure to arrest Sam Altman.
He's the worst ever to do it.
Sam Altman, man, they're manipulating the App Store.
They're manipulating the App Store to put ChadGPT at the top,
even though ChadGPT is never at the top,
except recently because GPT-5 just came out.
But, you know, arrest Sam Altman because they're manipulating the app store, even though try posting a Substack link on here.
Because if you post a Substack link on here, you'll be shadow banned for the next 10 years.
No manipulation going on here.
Yeah, when MetaThreads came out, if you use the word threads, your post went to at most three people.
Arrest Sam Altman. Arrest Sam
I'm suing Apple. Sue Apple. They're manipulating their story. Even though if you literally post
any link whatsoever on this platform, it gets you a 100th the reach of any of your other posts.
Alex is about to go mega viral.
Alex is about to go mega viral.
I have something to say about that.
I mean, I think rock imagine is definitely not a LARP and it's not just for
Elon fans so much so that I see it all over Penny's page.
Yeah. I mean, if Penny's posting it, you know,
it must be legit because Penny's not an Elon sycophant.
That's not a thing that goes on there.
He's totally unbiased when it comes to Elon.
I'm glad we're on the same page.
Yeah, I hear what you're saying.
Definitely they go back and forth.
I mean, Elon's been posting way, way, way more about it.
What do you think, Alex, is the proper usage or like, where do you see this going for the future of people utilizing the artificial AI video generation?
Like, what's the bigger use case here?
How should people be properly using it?
How should people properly be using AI video generation?
Like, what is the smart way to, because obviously it's not quite there yet in some of these areas, but what's the smart
way to be approaching it?
Block the website and do anything else with your life.
No way to utilize this to build your future content business?
I guess if you're doing things where you can add AI video, do it.
To me, there's no point in it.
I don't know what I would do it for.
It's just pure dopamine hit entertainment.
I think if you're in Hollywood and you're making movies,
Or if you make commercials,
it's probably good to make commercials to advertise products.
But if you're sitting here and you're making videos
of knights kissing princesses, I don't know.
I don't know how much you're advancing in your life.
Timo, you requested up on stage.
You got thoughts on the conversation here?
Yeah, it was fun to listen to Alex's rant and Oni.
uh here i live in finland so here uh it made the actual like uh legacy media yellow paper
uh headlines that elon was posting on x that x is the number one app in finland and it's like
not even on the top hundred or something. So it was just a hilarious thing.
I don't know if that post disappeared
or you just like post so much
that it doesn't even show up anymore.
But yeah, it's a fun thing to see
what these Elon since are doing here.
It just doesn't feel like, I don't know.
It's just such a weird feeling every time I come onto this app now where I'm
just, it feels like I'm having like psyops just thrown at me left and right.
It just feels like everything's a psyop and it's like, Oh, X is number one in
this. Oh my God. Look how amazing this AI video is. Oh my God.
Sam Altman's a criminal. Uh, and then now it's like a really good strategy for getting engagement is just straight up lying.
Like there's just like this whole new swath of accounts where like lying is just like the entire engagement strategy.
And they just like post things and it's just like bait.
They're just like trying to bait you by saying lies.
They get you to go into the reply section and say, i don't think this is accurate um it's just like every time i come on
here just i feel like i'm being psyops a different way can you can you elaborate a little bit more
on this i feel like people use the word psyop all the time and i'm not even quite sure how they're
meaning to use it uh psychological operation an operation on your psychological okay and so everything is just a
lie on here i'm not saying that just everything's it just feels like everything's a way to manipulate
you into thinking a different way okay well let's talk for a second about the things that
are actually happening because i feel like on my timeline, and this is nothing posted from Elon
about this, but like the world of Bitcoin, crypto, some of these other pieces seems to be absolutely
raging to the upside. That seems to be something that I've actually cared more about lately. That's
actually like paid off on the timeline. So I've been interested in that. I'm trying to think what
else has been like pretty interesting on the timeline. That seems to me like one of the more
interesting things. I know, Alex, I'm sure you're a Robinhood trader.
Oh, Alex, you're going to be at the Hood conference with a gold event with me, right?
He got cut off by his app.
So Alex has an app set up that every 10 minutes, it kicks him off of whatever app he's using.
I mean, that just shows lack of self-control if you need an app to do that for you, right?
Say what you want, I suppose.
They kicked me out every 10 minutes.
I'm kicked out of the app every 10 minutes because of this other app I installed.
So it's just going to keep happening.
You're good. I was, I think, switching over and I was just asking first off that we're going to be going
I was going to check what you're excited about there.
And then also the Bitcoin side of things, which feels very bullish for Hood.
Just, you know, crypto shooting to the upside.
Yeah, I'm excited for that.
I'm going there straight from Europe. I'm going to miss the next few weeks. I'm going to Europe. I'm going to London, Turkey, and Rome over the next few weeks. Then I come back, I immediately go to Robinhood. I'm pumped for it. It's going to be sick. I'm obviously a vast majority of my net worth is in Robin Hood stock.
I'm a big believer in the Robin Hood company.
And we got the Summit, which they go over all their new features and everything.
I'm going to play some craps.
I'm going to play some poker.
You know, you come to the craps table with me, Gov?
Craps is literally the only game that I will play at a casino.
Let's go. Let's fucking go. So we'll go to the Summit. Then right after, we'll go to the craps table with me, Gov. Craps is literally the only game that I will play at a casino. Let's go.
So we'll go to the summit, then right after we'll go to the craps table?
I made $360 playing craps last week.
I don't know what it is about it.
Maybe it's because it's such a team sport.
You know, it feels like you're all, like, rolling together.
You know what I'm saying?
It feels like a team sport.
It feels like everyone against the house.
It's just such a fun game.
It definitely appeals to me as well.
When's the last time you were in Vegas?
I was in Reno, a month ago, but I last time I was in Vegas was, I don't know, years ago,
years ago, maybe 10 years ago. I mean, I like Vegas. I just don't see any need to ever really
go there. And I hear it's worse than it's ever been just from like everything's way overpriced
perspective. So, but hey, if Robin Hood's going to get me a free hotel, I'll go to Vegas.
Boom. Wow. They hooked him up as well which hotel they gift you the virgin yeah you didn't get a free
hotel it's complicated because i've done work with them and stuff from a compliance perspective so
we're going back and forth on some of these pieces but i've been meeting with them and
chatting about it but are you getting anything for free i'm getting some things but i can't really go into it come
on you know how this works just make sure they're sponsoring me and then i won't be able to go last
minute and you just take the room i'll put it i'll put it this way alex i'm not going to be
paying for the trip but i'm not going to be accepting coverage for that directly from
robin hood i don't know how else to put it okay i don't really know what that means but it's like
a part of everyone who goes there gets
Everyone invited to the summit gets a free hotel.
It's not like I got some special deal.
It's more complicated in my situation, but I'll explain to you in person on some of the
pieces, but let's figure out what else.
This is a recorded space.
So I will keep that in the back pocket for a minute here, but I'll share with you in
person at the craps table over some non-alcoholic drinks. space. So I will keep that in the back pocket for a minute here. But I'll share with you in person
at the craps table over some non-alcoholic drinks. It'll be a good time. Over club soda and lime,
as they say. Is that what you go for, Alex, if you're at the bar?
I'm a water guy. I just like water. I'm a water dude.
I don't know if we're 95% water
That seems like a little bit of an exaggeration
From perplexity, humans are not 95% water.
Alex is just extremely hydrated.
So, we'll give it to him.
Ani, what have you been paying attention to?
Do you share Alex's thoughts on Grok Imagine,
or do you think it's the greatest thing since sliced bread?
The only thing I like about Grok Imagine is think it's the greatest thing since sliced bread oh no 100 the only thing i like
about grok imagine is that it's faster and i feel like it's better than a lot of the other video
generators out there but it's still not in terms of just video generating not like creating the
prompt creating the image and stuff like that it still needs a lot of work um and i also absolutely
hate that um the for you feed is filled with people just experimenting.
And it's just mid images because I've been into like AI art and generating AI art images and
videos for a very long time now. And I feel like there's so many other advanced tools out there.
So when I see some of these things that are just like clouding up the feed, and it's just absolutely
mid and people are just hyping it up like, oh my God, it's the fucking best thing in the world. Yeah, no, I can't vibe with that. And the for you also has been
really, really bad lately. I don't know if you guys have noticed there's like a lot of unverified
accounts that are getting millions of impressions on their posts, and they keep getting pushed to
the for you. A lot of large accounts that literally have maybe just a one-liner
or some sort of a stupid meme are showing up on the for you.
I don't really get to see a lot of people that I actually am interested in.
So I've been doing a lot of just sticking to lists
and finding the people that I actually care about.
And I feel like the algo has kind of shifted into showing things that have
greater impressions, greater engagement, numbers and stuff. It has nothing to do with you anymore,
people you interact with or people who interact with you. That's been annoying. Also I feel like
some of the relevancy isn't there anymore and posts super, super fast. That's another thing I've
been noticing. Like it's before, if you got like a certain amount of engagement within the first
hour or so, it would kind of like start pushing that out. But after a certain point, it just gets
topped and then it doesn't go anywhere anymore. So yeah, it's probably because the algo is favoring some of those larger numbers to hit people's for use.
And the regular people, regular creators are not really getting anything unless they're getting fucking reposted by Elon, which I don't know.
Again, like mid images, mid videos, and it's just like millions of impressions.
Looks like we got some other thoughts uh bell would you like to jump in thank you um alex check your dms i'll resend it because i sent it to you a couple weeks ago i've been literally off the
space for about 70 days because i've been down a rabbit hole with my company and then I got sick.
So I'm back. And I think having that perspective, hysterical, but the engagement is down. People that I get
their stuff every day, I'm not getting it anymore. And we engaged with each other before I took a
bit of a back step. But just having that time away, coming back in, it was like a shock. And I use Grok. It's
helping me with content. It's helping me with my business plan, marketing plan, because we're
setting up a company to complement the company I own where we can do more. And it's been good for that, but I've been using Gemini and ChatGPT to get different perspectives.
And it's interesting how they're different.
And I'm enjoying that because I figure out how to ask better prompts, but also it makes me look at the whole thing.
Because I'm looking for where is the fail in this?
What am I not asking? What am I
not learning? What is going to be the problem in building this? But I've just seen X kind of slide
and I'm starting to use it less and less and less. Then I'm talking to people with a million
plus followers and they're not getting paid by their subscribers.
The subscribers are paying them, but they're not getting it.
Is there a financial thing going on with X?
Because I don't see improvement in spaces.
I don't see an improvement in using tools to engage.
I'm just seeing kind of sliding.
What do you think, Alex? Unless his app is kicking him right now for his annual 10 minutes.
I would say, if I may jump in, I would say I hear what you're saying, Southern, and I agree. And many people have expressed the same sentiment as you, even though they took some time off.
So I imagine the difference is a lot more glaring for you.
But a couple of things, just on a practical level, that we've seen in the past couple of months,
the so-called mega crowd is really fractured.
And, for example, so a lot of people have become disillusioned with politics in general.
And we're seeing people leave the platform altogether because let's be honest, the people
that were making money off of it anymore, because there's not this bullish sentiment behind the
president. I'm just, I'm not saying if it's right or wrong, this is just my observation.
president. I'm not saying if it's right or wrong. This is just my observation. And then the second
place, like you said, as far as X goes, yes, it has been a cluster. And this has been a trickle
ever since, in my estimation, ever since ad revenue got paused. And you know, there was a
huge influx of people that came onto the platform when monetization started to be a thing. But after the pause and people really
didn't have any roots on the platform, if you will, most of those people started to abandon.
And a lot of them went to Instagram and TikTok and the like. And so what I think you're seeing is
just people are kind of like wandering in the wilderness, if you will, trying to figure out
what the value of this platform is for them
now at this time, because it really is unclear, I think, and a lot is very uncertain. So those are
just a couple of my, you know, those are just perhaps a couple of insights that I would offer
in terms of what's going on. And again, what, what seems to be the difference. And as far as the poor youth feed, yeah, I mean, I'm seeing basically the same 10 accounts all the time.
And I really have to go to, I have to go directly to people like Ani, you know, and Wolf, frankly, to interact with you guys because I'm just not seeing you like I used to.
So. Yeah, and completely agree with you, you guys, because I'm just not seeing you like I used to. So.
Yeah. And completely agree with you, honeybee. It's just been so much of a mess, but Bell,
you said something about, um, people not getting paid for their subscribers. Um, I've been getting consistent, um, payments like the subscriber subscription payments every month um on the first i believe it's the first thursday of
every uh uh the first friday of every month and you have to hit the threshold there's a 50
threshold for uh for the payouts to go out um the people that I know,
they're very good about their content and continuous managing content,
no changes. With over a million,
they have a lot of subscribers.
Most of them have not been paid since May.
$50, they're way over that monthly, way over that.
Are they not getting paid for the subscription payouts or the creator revenue payouts?
No, the subscription payouts.
One of my very good friends on X,
she hasn't been paid since May.
And we're subscribers to her.
She's not getting the money.
You know what I would say? Have them reconnect their Stripe account because a lot of times,
like if the Stripe account is disconnected, it doesn't send the payouts. If you want to DM me
like a screenshot of what their payout dashboard looks like, I could probably give you a lot more
advice on what to do. I will ask them to do it because
it's their dashboard yeah yeah i will but that's a great idea just uh uh drop it and then re okay
that may work because that happens sometimes on other space of other social media so thanks anny
yep no problem see we're the ones doing tech support. X doesn't even have tech support anymore.
There's nowhere you can reach out to.
There's no premium account anymore.
It doesn't matter if you're paying hundreds of dollars a month.
I was just going to add something.
We were talking a little bit about Grok Imagine and about its differences and comparison
between that and other AI video generation.
I actually made a post just yesterday
where I compared the prompts of different
AI video generation platforms
to the same prompt that I put into Grok Imagine.
And I actually thought that the results
were pretty hilarious and uh and and something
i did not expect and i was wondering if it's okay if i can pin that here if you don't prefer i don't
then that's fine but uh i can just give you the highlights so yeah it doesn't bother me all right
cool basically i'll give you guys the highlights anyway it's pretty hilarious but so i've always
thought that grok imagine it's very low quality.
I think that it's not very good and it's very low frame rate.
The fact that it is only on mobile is a limitation in and of itself.
Like if it was something on desktop like a web app, it would probably do a lot better.
But I compared it to VO3.
three I compared it to Kling I compared it to C dance and I wanted to take a look at it and the
I compared it to C Dance.
And I wanted to take a look at it.
idea was I was like okay let me make uh all right Tom Cruise and like a freaking samurai uh gi and
he's like powering up or something on a battlefield or something crazy like that something with visuals
in the background and like that captures uh the essence of the scene and all that with the character
so all these other models were capturing it very well in their own ways. Like Kling had the best background, I thought.
Sea Dance had like excellent smoothness. And Veo 3 was probably the highest quality. But
none of them caught Tom Cruise. They were all generic male characters. Guess what? Grok
Imagine, the lowest quality generation with low frame rate, perfectly captured Tom Cruise throughout.
And I tried this with different forms of video generation,
and I realized Grok Imagine is very, very good at pop culture.
Very good at it and being consistent with it.
So that's one advantage I think that Grok Imagine probably has
over other AI video generation platforms.
So that's something that, you know, I don't know if whoever here works other AI video generation platforms. So that's something that, I don't know if whoever here
works with AI video generation or tries it out
and experiments with it, but it's something
to give a shot with and you might be surprised
Yeah, I encourage people to check that out as well.
That's pinned up top right there.
I've seen more people also using this like Grok breakdown of spaces, where it goes through the space and then creates like a whole like outline, even gives like timestamps on the transcript.
So you can click it and go straight to the part of the audio.
I have a chat bot in there too and all that because I've been waiting for that for so long for somebody to do that.
I hated the summaries that Grok would give.
I did not like it at all.
Like me personally, just I'm not saying it's bad, but it's just me personally.
But I was like, let me just build this freaking thing and try it out. So that'll be launching
soon, guys. And I don't know if anybody
would ever want to try anything like that. But
that's something that Grok should have implemented a long
I apologize. Who was just speaking?
Awesome. I will DM you. I'd love to see it.
I'll bring you in as a beta.
Didn't mean to get into my thing.
Did we not talk about your birthday?
No, we didn't talk about my birthday.
But I had a good one. I had a fun time. I
was turned 27 on Monday. So that was a good time. I celebrated more so on Sunday because
Monday was just a day of work, pretty much. But I had a good time.
Dude, that's how it was for me. But like, that is the most exciting part of it is actually
hanging out with people that actually enjoy day in day out. And it's like, hey, yeah, it's my birthday, but I'm here to hang out and have a good time.
I appreciate the birthday wish.
Yeah, that was really the only reason I wanted to come up here is I felt very betrayed by the fact that Action didn't reply back to my happy birthday text.
But that's all I had to say.
And happy birthday, Gab. Thank all i had to say uh and happy birthday god
thank you yeah i'm excited i'm actually down here in tampa tomorrow my grandmother turns 99
so i'm gonna go spend some of that day with her so i came down here for that but she's still
still still kicking and fighting as they say so yeah no give just yet at 99. So hopefully maybe we all
be so lucky. But yeah, I had a fun time. I went boating for a little bit on Sunday. Very rickety
boat, is what I would say. My friends bought a boat like three months ago and tried to fix it up.
And we went for the first launch. And I was like, you know what? What better way to spend my
birthday? It took us about an hour to get it to stop stalling get it into uh gear but you know what once we got there it was a beautiful day on the lake
and then uh went to korean barbecue which i always enjoy uh this was the first time has
anybody had this experience alex maybe you can tell me this is a you know getting older thing
um not only did i not get any birthday presents but i also paid for the birthday dinner for all
my friends and family somehow i don't know is this what starts happening on your birthday welcome to being an adult
i actually well that just sounds that was about it
it just sounds against you're paying for your own dinner it just sounds like you have bad friends
if you're just paying for your own dinner your your own birthday dinner. I personally am like very bearish.
I'm very, I'm very personally bearish on birthdays.
I just, I think time is a construct uh i think you know
i hate that i have to every birthday go write cards send gifts it's like i'm writing you a
card and sending you a gift on your birthday then you're gonna do the same for mine why don't we
just call it even and we don't send anyone cards and gifts on each other's birthdays and we just
kind of pat each other back hey keep going i don. I don't know. I just, I personally, uh, don't care about any of that. I think it's just a waste of time and energy.
You know, I kind of agree with you actually. And because I have eight brothers and sisters,
and so we never really celebrated birthdays. I'd rather like send a card to somebody randomly
saying, Hey, thinking about you, hope you're having a great day. Something like this that doesn't feel like obligatory
because we forget each other's birthdays all the time. And you know, after, after a certain
age, it really doesn't matter anyway. Hey, Bell, I need your address.
I somehow ended up picking up.
I somehow picked up like a $650 bill for the table on my birthday,
I don't think any of the other people were going to pay it except for my
mother was going to try to pay it.
I'm not letting my mother pick up the bill for the table of people
that are my friends and so i was like all right i'm just gonna get this and then i was like i
was like if anybody wants to send me a birthday gift of 50 to 70 dollars over venmo you know much
appreciated and nobody sent me one so shout out you know i'm saying are you getting the gold card
i gave this gift of my son to the world.
Oh, also, and let me buy you dinner.
I did get the cutest freaking card, though, from my nephews.
So I have, I think I have six, six or seven nieces and nephews.
My brothers are in a competition as to who can have more kids right now, so I keep losing track.
My brothers are in a competition as to who can have more kids right now.
But my nieces and nephews absolutely annihilated a birthday card that they all went to town on for me.
One of my nephews traced the outline of his foot on it, which I thought was great.
My other nephew wrote that I'm the best gov ever on it.
So that was that was pretty cool.
But yeah, they went they went pretty hard to town on those cards. So'll take that that was one of my favorite cards that i got that is awesome
that would have made my birthday my entire birthday when you're near the nephews you're
the best dad ever you know and they like the backwards letters and stuff
yeah no i love it i i will say um one other thing that i thought was great so it was my present
for my grandmother's 99th birthday which i thought was fantastic um my grandmother loves nothing more
in this world than puzzles um she can go all day just working on a puzzle she loves crossword
puzzles as well i would say those are like just equal up there, but puzzles in general. And she does all types of puzzles. Every time I go over, there's a, she has a puzzle
table separate from the dining room table. There's a puzzle table and she just works on puzzles at it.
And, uh, she has like her whole like lamp set up and everything. So I took a picture of me,
my grandmother and my fiance, uh, that we took about a year ago. And I like photoshopped it to basically
like say like happy 99th birthday grandma on it. And then I took that and I turned it into a 500
piece puzzle. And I gave that to her as her birthday gift for her 99th birthday. So I think
I think I took the cake for the best gift. She literally was like, clear my puzzle table,
you know, and put that on there. So she I think she's got to work on it today right now.
So by the time I go over there for lunch tomorrow or something, it's probably going to be done.
So I don't know if anybody else has any gifts that can top that, but that might have been one of the best gifts that I've given.
And maybe when she's done, you can frame it for her, you know, as art.
I like how it came with like the picture on the
cover of the box. Shout out Vistaprint. Um, you can make puzzles very easily on there. They will
try to upsell you into making mugs, uh, mouse, uh, pads and everything else under the sun with
that picture on it. But you do not have to, you don't have to take the bait. My other best present
every year is my younger brother. Well, I have six brothers, so I don't get them all presents,
just ones that I like, you know what I'm saying?
But my younger brother, so I stopped texting him
happy birthday, I just sent him a Zelle
with $100 each year, and I write my birthday note on that,
and then he usually just responds to that over text.
So that's how I just see if he got his present or not.
I just send a note in the Zelle message.
So if anybody wants to send me birthday presents,
that's my preferred birthday present. Just send me the note in the Zelle message, and if anybody wants to, you know, send me birthday presents, that's my preferred birthday present, you know, just send me,
send me the note in the Zelle message and we can go from there.
Gav, what you did with that puzzle is brilliant.
When you get into that generation,
it helps you keep sharp by doing puzzles. It's working dexterity.
It's using your brain. It's a phenomenal gift. I mean,
it's so personalized, but it's so helpful to help people. We see this as people get older. This is
why they're putting crayon books, coloring books in long-term care. They're trying to get them to
do things because it helps them do better as far as memory using their brain
dexterity it it it lengthens their future in terms of being independent they can think and
they can use things it's brilliant it's brilliant i think that sounds like a little ageism right
there because i love my puzzles. Well, I do too.
Don't wait until you get older to get into puzzles.
It's one of those events that you can actually hang out with people and enjoy each other's company while doing something.
This is going to sound crazy, but we don't talk very much.
We have best friends that we never know anything about because we like
to do things parallel right but if you get like one random activity uh it just opens up for you
to actually have conversations and like actually speak to one another um it's like a dude hack i
guess you can say find something to do together um that doesn't involve you know uh a lot of noise
like don't go skydiving right like you can't talk when you're doing that but like doing puzzles and
things of that nature i love it um same thing with board games right like that
that's why i love those things it's yeah it's entertaining it's fun to to play a game but most
of all like just being able to actually spend time with people and have genuine interactions
around something is just awesome
yeah she's been doing crossword puzzles since i don't know since first time that i can remember
so i would definitely take that and i think it's pretty interesting as it continues to uh
you know just go later on but she was gosh 92 when i was born or sorry 72 when i was born not 92
uh so you know she was already in uh, her true crossword puzzle era.
Um, but yeah, those are just some fun pieces, some little personal anecdotes from the week and different items along those lines that I've been looking at.
You have great genes gap 99 and she's still doing puzzles and whatnot.
Like she, she likes to do things herself still.
Like I'll come over and like try to do the dishes.
And she's like, what are you doing?
I'm like, I'm just doing the dishes for you. And she like why are you doing the dishes sit down and eat you know like that kind of thing so still still pretty much in her uh her
grandma zone in that area uh making everything happen um which is pretty cool to see so yeah
good stuff we don't have to talk all about me though and my family we can we can rotate around
here's some other thoughts what people are looking at on the platform but appreciate you asking action action what else uh what else
you got going on what are you focused on what are you building right now well we're done with
our bow market for crypto uh that's what's been on my timeline um tactical here just posted
something about that it's been a good run appreciate everybody that joined us for for
this time and now we're over that was quick i i know right no i i think he's absolutely wrong and i love when
he posts that because it's hilarious and yeah it's actually keep doing it because i love every
second of it but yeah it's just it's just exciting to see the ups and downs like i've been in the
space for a long time um i mean you're getting popular with the with the crypto crowd too gav
like i don't know if you saw but we had uh sweet in here a minute ago uh We got a bunch of... Well, I'm doing a space with them in 15 minutes.
I like them a lot, actually.
Just make sure you pronounce their name right.
They get a little upset if you miss that.
If you will call them the Ronaldo Sui.
They're like, who is that?
No, but in all seriousness, this whole market is kind of fun.
This is literally the most fun time to possibly be in crypto.
Wait, are you saying that SWE versus SWE?
Okay, because it means water, right?
So everybody calling them SWE, they get mad at, right?
So make sure you call them the wrong name or make fun of it so that it can be a topic of conversation I know you plan
all your spaces out you know exactly what they're gonna say and they have all
the questions outlined ready to go but maybe a little dynamic I'm joking I'm
joking you should hang around you should hang around for it you know what I will
I will do that but like as far as the markets are concerned like it's just
exciting right now because we have a little bit of time. This is literally the final stretch before things can actually take off. We are all waiting around for September, man. I can't wait to see those rate cuts because that's the final catalyst for us to actually see a pump, like a major, major pump. And everybody's been saying that, hey, it's September. we're going to see those rate cuts. And Alex has something to say.
Well, actually, I do appreciate you engaging with my tweets. The only reason I post content
like that is I know I'll get engagement from you. So I do appreciate the analytics.
Yeah, I mean, I think, you know, from a crypto perspective, I know that's everyone, a lot of people are looking at it right now. I think there's a billion dollars worth of liquidations in the last 24 hours.
I have to agree with action to a large degree due to the fact that I do think historically August and September are typically not great months for crypto october october are
and november are typically like your pants yeah so october right so i think you know when when
you looked at i did a video um when bitcoin was at 113k and i posted i was going to go donate blood
found out i can't donate it or sell a kidney because that's illegal, but you can sell blood.
So, you know, buying at 113K and then getting into ETH at 3300, I think that type of opportunity is what's happening right now.
Right. It's like, oh, big deal. You know, the U.S. isn't buying more Bitcoin.
They're holding on to the Bitcoin that they have.
But you see institutions, you know, going and buying $500 million worth of ETH on this
debt. So I still think we're going to see $150K Bitcoin. I still think we're going to see $5K
ETH at the very low minimums. And I think there's a lot of exciting things to look forward to.
And yeah, I think the bigger question that most people are
going to have is if the four-year cycle is still a thing i think that's the bigger question and then
sweet or suey i don't know so i gotta give you a hack here alex i think you're you're leaving
money on the table you should be donating plasma you can do it twice every seven days so roughly
around a hundred and some odd times a
year so plasma is the thing you want to sell not blood okay got it i'll know that uh for the next
dip appreciate it i think the best part is that i'm actually serious about that one
oh i know you are actually i know you are I just gotta send me a text me I actually
have a referral code for a plasma selling slash donation place I got you
man I got you send me one in Charleston do you have one for New York oh yeah oh
New York absolutely absolutely all, send it to me too.
For the crypto bull run, keep an eye on October 6th.
That's the date I have marked.
Dude, that's when I have October down too.
No, I'm saying September is when we're going to see the rate cuts.
So that's when things are actually going to start to take shape. All right. So I guess you and tactical are on the same page, right?
I think so. Yeah. I mean, he pretty much copies everything I do.
So it's perfect. Interesting.
Okay. Wait a second. Wait a second.
Action. You're the one that copies what I do.
copy is what I do you got video you got video to prove that I probably have it on some external
You got video. You got video to prove that.
You know exactly what I'm talking about.
hard drive that's currently in a landfill no you're talking about my Bitcoin hard drive no
it's still on YouTube I would never take that video down back in a day this was probably three
four years ago I made a video just making fun of Alex not because I thought he was wrong but because
I thought he was funny where I because I thought he was funny,
where I changed my background to be his studio.
It was pretty fun. It was a good time.
Always. But, hey, Gav, let me ask you.
You got a lot of stuff going on as far as X is concerned.
You got multiple accounts going on.
What determines who talks what account?
Like you just told me that SWE is going to be here on the Wolf space, the main Wolf space, not in the Wolf Web 3.
What's the difference between those platforms and how are you segregate them?
Man, there's a lot going on.
We've been doing a lot in the crypto space.
Pretty heavy. I mean, shout out, by the way, Litecoin followed our, uh, our Wolf Web 3 account yesterday.
So yeah, we do stuff kind of across the board.
Um, we've been doing a lot of Bitcoin focused content on Wolf Web, uh, Wolf crypto.
That's been like, I think the main focus just as that continues to surge, but obviously
Ethereum has been surging and other cryptos continuing to follow along.
I think for this, you know, with SWE, the idea here was a little bit more of a cultural
A little bit more of a cultural space with what's happening there, a little bit more
of a discussion with those pieces.
And that's why we wanted to do it off of this conversation, right?
Where we kind of talk about what's happening on X and the XBases crew and bring in a few different people, maybe like yourself, right, to be a part of it.
So I think it was a little bit less more of like, you know, investing into this coin and
token and deep diving into the details like we might do on the crypto conversation and
more of just like a general discussion, right, of the ecosystem and culture and pieces along
And for those who are just unfamiliar with what it even is, right, getting into those
details. But we do kind of cross over with our content, you know,
across channels, like you'll see us on Wolf Financial doing a pretty large range. It could
be anything from small caps to large caps, earnings, ETFs, individual stocks, right,
different pieces like that. And then on Wolf Crypto, you know, you can have a deepens chat,
right? You can have Bitcoin. So I don't know.
I feel like we kind of cross over the spectrum.
We're just really stacking content at this point because we're up to 60, 70, 80 hours
a week of spaces across the Wolf shows that it seems like it just gives us the opportunity
It's different when you have like a once a week, one hour show like I have with a gigacast,
Where it's just like, this is Tesla.
And versus our other shows where we can just get really variable with it and who's your favorite wolf host oh my gosh wow
putting me on the spot well you know my favorite just like children are all of them you know you
can't pick a favorite action who's your favorite child action um it depends on what we're talking
about if we're talking about clumsiness it's definitely my middle middle kid. Loved him to death, but he trips over everything.
They all have their own special abilities,
I gotta say, so it's based on the
things that they are best at. Like, my
and more than I do. He's probably read
more books in his life than I ever will
in my lifetime, and he's only six.
So, like, they all have their own special
abilities. So, yeah, they're all my favorite in some sort of way. in my lifetime and he's only six so like they all have their own special abilities uh so yeah
they're all my favorite in some sort of way boom you answered the answer the same question for me
right they all have different abilities if you want one for trading you want one for investing
you want one for crypto we've got you across the board uh with all the different people but yeah
it's pretty cool and exciting our stuff continues to. I think we have 20 people working at Wolf now.
So it just continues to get bigger.
We have some exciting partnerships upcoming that we're not ready to announce just yet,
but will come out soon with the New York Stock Exchange.
That'll be probably by September being announced.
And you guys will see some of the details and some of the things that we're collaborating
So I think there's a lot of different pieces that continue to,
you know, stay pretty interesting to me. That's a really good question you bring up though. Does
that make it more difficult for you to receive money from companies and quote unquote kickbacks
because like you're, you're a marketing channel a lot of times, and then you are head, you know,
going head first. Perfect example is just talking about in regards to Robinhood, right? There are
limitations and things that you cannot do simply because of the way that your relationship is set up with them like
is it worth going you know mainstream i guess you can say if it limits your uh revenue generation
possibilities um i don't see i maybe you could elaborate how do you see it limiting
well i just keep the example of uh what's going on Robinhood, for example.
Like, you can't directly take a room from them.
You can't do a lot of things.
It becomes a little bit more cumbersome.
I mean, I think that that's, like, that specific example, I just don't think that, you know, with Robinhood, like, some companies just can't, they just run into general trouble with influencer marketing.
if they're covering a hotel for Alex, they're not doing like marketing with him necessarily, right?
That's a little bit different. They're not paying him and stuff like that. So I don't find too many
situations like, yes, there could be small situations where it's like, yeah, we can't,
you know, directly cover a hotel room or we can't directly cover this. But that's not, you know,
what I ultimately care about, right right at the end of the day
i can pay for the hotel room i'd rather do the deal you know what i'm saying
and that's uh that's a mindset that makes millionaires that that y'all are listening
well not only that like i'll tell you honestly kev i can't wait for football season to be in
full swing because i really miss wolf sports. Like that's my playground.
You know, I mean, not everything is directly related to, you know, what you can do financially.
I mean, certainly there's a benefit there because, you know, there's brilliant minds
that come on, you know, Wolf sports in terms of betting lines, et cetera.
And I learn a ton, but it's just so fun and
what I call the dead zone the summer is about to end and we'll be able to watch football again
and I can't hardly wait and I can't wait for them to start this the uh spaces again you know how to
get Gav going yeah Gav like what are the Ravens gonna do this year man any chances over there
of them doing anything getting Super Bowl or anything like that?
Well, they're currently, per FanDuel odds, the favorite to win the Super Bowl,
or tied with the Bills, I believe, at the moment.
So it depends on, I guess, how much you take the odds at face value.
But yeah, right now, I mean, since we're talking sports for a second,
you've got futures here for the NFL season. Gosh, okay, right now it's just showing me all the preseason games, which I don't even know how they do lines on preseason games. That doesn't make any sense to me, because you're not really knowing who the starters are in any of these cases. And it's never going to be like the team that you really think is going to win. But yeah, right now for the Super Bowl, the Ravens, the Eagles, and the Bills are all plus 700
to win the Super Bowl. So they are currently tied for the best odds in the league.
Chiefs are plus 800, and then everyone else is over plus 1,000 after that. And last place is
the New Orleans Saints tied with the Cleveland Browns plus 40,000. Take your hit if you'd like
But yeah, I think that we could have some good things coming up.
I'm ready for football season to get back in the swing of things.
I think that's going to be a fun time, Honey Badger.
Both college and professional, you know, and I probably am the only college football fan in this space.
But me personally, I just prefer it.
But of course, I love professional football, like the NFL as well,
especially since finally the Lions have dug themselves out of their lifelong basement.
But we'll see what happens, especially because their coaching staff got picked clean.
But I believe in Dan Campbell.
I believe that he will rebuild this team and it'll be better.
But I certainly wouldn't pick pick off for my fantasy team please
don't do it just don't do it without ben johnson i don't see good things happening for that head
case and i'm being blunt yeah yeah no i totally hear you well i want to rotate it a little bit
back into that crypto conversation we were having because i'm actually curious from some of the
thoughts from people that are up here.
You guys were saying, hey, you know, maybe it's not, you know, time in August to go up.
But we literally hit all time highs on both Bitcoin and Ethereum yesterday.
So, yes, we pull back a little bit.
But action, how are you feeling?
You know, coming back, it's been, what, four years since we had all time highs on Ethereum?
Like, it's it's it Like it's been a trip.
I literally had way too much ETH saved
that I felt bad at liquidating earlier.
And like, ah, it's gonna go up.
It's, it just kept going down.
We're finally kind of coming back here.
It's kind of an exciting time,
but I'll link this to football, dude.
Like I'm excited about the crypto markets
because of football, because of all this stuff,
because you see places like Polymarket
and just, you know, these wagering websites just taking taking off and i think sports is definitely one of those things
that's going to be a little bit of a catalyst it's going to help this market um extract liquidity
from the gamblers interesting how are you positioning right now dude i started uh two now? Dude, I started two new companies. I haven't told anybody about this, but my co-founder is the
CEO of ZK Pass. So we got all stuff cooking, dude. I got a few projects I'm going to go to TGE with
before November. That's how I'm positioning myself. I'm just getting my hefty, hefty bags of
alts for projects that are launching
hopefully make a few million here before the end of the year wow very nice very nice i see tropic
just came up as well tropic how are you feeling coming off of all-time highs in a lot of the
crypto world yesterday and what do you think about all season yeah it's really exciting to me um
personally i just like the fact that everyone's positive and upbeat i do not like negativity and bearishness but um as far as alt season goes
i to me i've always spent time talking to like developers and such so for me like what i like
about them too is like it doesn't matter what the price is they're just building and you know some
people are surprised by the whole eth pump and all that stuff but if you talk to the developers that were actually building different things
you know that they they never gave up on it and they they were uh working on different things
especially with you know like stable coins and whatever else just like user uh i guess you'd
say user-friendly apps they were still building on it so same thing you know going back you want
to zoom out really far to the solana days when everyone is saying, oh, Solana's dead. It's like,
well, if you're talking to all the developers and the hacker houses that they're doing, like,
you know that something is coming. So yeah, whether it's all time highs or not, I just like
the fact that people are positive. But yeah, if you listen to the developers, you can kind of know
where things are going. So you're saying that focusing on developers is a good thing?
It's not the most exciting thing.
But if you want to know where the attention is going and where even the funding is going,
is seeing where the development is.
Because any ecosystem, if there's no developers building on it, it's going to quickly die.
Any ecosystem, if there's no developers building on it, it's going to quickly die.
And, you know, if you want to use like a non-crypto analogy, you just knew that Windows phone and Blackberry and all those things, those of us that are old enough to remember that, was going to die.
It's because everyone is developing for Android and iOS.
So it's kind of the same thing.
You just use the same, I guess you'd say, lens that you used in the past to see where things are going.
It's where the developers are, where they're building stuff.
And of course, that's where the attention, all the marketing dollars, the VCs, everything's going to go where things are being built.
All right. I feel like I got to give you all something before Sweet gets up here.
The main project that I'm doing TGE for is literally that topic.
that I'm doing TGE for is literally that topic.
It's literally, it's dev-focused.
It's literally, it's dev focused.
It's essentially layer zero to allow people
to deploy on other blockchains as easily as possible
So nobody thinks about the backend side of things.
So if y'all wanna get first dibs on what's going on,
No, but it's like, you're right.
Focusing on the devs is huge,
especially when I don't have to go to vcs right
like this company that um i'm taking to i'm doing tge for um they are getting grant money left and
right because all we're doing is going to these different ecosystems and saying hey guys we can
actually push your platform to more devs we can help people find you we can help people build on
your platform and everybody is happy and giving us money.
Yeah, it's really honestly, it's something that I think is underrated within the space because everyone wants, you know, the vibe and the party scene and everything and what's going on.
But at the same time, too, how much are they going?
How much of that attention are they going to be able to retain?
Like, yeah, the party is going on right now, but eventually the music will stop if nothing is happening over there.
It's just something that I think people should pay attention to.
Even if you're looking at this as trading in charts and seeing what's going on in these ecosystems, just zoom out and always remember that at the end of the day, just like if you're in traditional finance and you're investing, it's not just like the big name, the brand and the flashy colors.
And that's the best way without being technical to understand which one of these ecosystems is actually doing something is seeing what's being built there.
boom well we are going to rotate the conversation over talk a whole lot about crypto and all this
stuff we're going to continue it for another hour here working on getting some speakers up here on
stage action i i want to come back to you as we get some more of these great crypto minds coming
on stage and i want to ask you what your thesis is around the rate cuts.
Dude, like rate cuts equals printing money.
Like I know a lot of people don't see it that way,
but that's exactly what it is.
And if you take a look at all cycles of Bitcoin last force,
you know, every four years,
you're going to see that every single one of them
had some kind of money printing mechanism
that just made it take off.
We haven't had the cycle, that money printing aspect of things. And that's what I've been
waiting for. And knowing that we are right around the corner from actually having those rate cuts
take place, that is the catalyst that I think a lot of us are waiting for to see the market explode.
And I'm not talking about, oh, look, we're up 2,000 more than we were yesterday. It's an all-time
high. No, I'm talking about explosive growth it's the the charts that makes people just you know kind of go
wait what just happened you're going to see traffic on youtube channels increase tremendously
like if you're trying to build something and trying to get found like this is literally the
time because markets are not going to just kind of ease their way into things it's going to be like
oh yeah we're here and then
boom we're uh you know through the moon um but you got to be careful about inflation because uh even
myself over here i'm paying now three dollars to subscribe to greg and i got 56 notifications
at the price increase by the way that's funny man that that that was great but um yeah one thing with the uh the whole
rates coming down and it is definitely not this linear nice calm stroll up the chart it's it's a
hockey puck hockey hockey puck hockey stick you can tell i'm not a hockey player yeah it's a hockey
stick the thing takes off it's ridiculous but um you know it's the thing
though is it's not just isolated to just the crypto markets like you see it in literally everything
you see it in housing you'll even see it in in the amount of people the bets gambles you know
on sports games like money is just thrown all over the place and it has to go somewhere and
people who are a little bit more wise won't just go to the casino.
They'll try to put it in something that has a little bit better, more predictable, responsible rate of return.
You know, that's such a great point.
And I am not a gambler by any stretch of the imagination.
I went I've been to Vegas like twice in the last month and a half, and I gambled $0 away, right?
So when I'm looking at this market, like I am not going to take the riskiest, riskiest moves.
And so much so that like I'm looking for RWAs, right?
Something that's really big, especially in Gab's favorite little platform, Robinhood over there.
It's RWAs, like it's tokenizing, even stocks.
So that's sort of the thing that i'm always looking at um
there's a lot of growth still to take place in this in this whole entire ecosystem here so that
that's what i would recommend people look into is like what's actually going to stick around long
term um like swede that's up here now great example of that is like storage has stopped when
it comes to crypto for the longest time um but you know when wars came out i'm like
oh cool we actually have something that might work um those are the plays that people should
be paying attention to is like stuff that's going to be here long term um for me rwas yes stable
points are a big thing but beyond that like tokenizing um different kinds of assets like
for me i'm huge in uranium i've been trying to find a way to actually invest in some of these
things and uranium was one of those that i actually found on chain my cool i actually get to invest in this
crazy little you know um yellow cake that i can't get anywhere else so there's a lot of opportunity
out there and like i said because i'm not the craziest dgen gambler i'm trying to diversify so
what i'm doing right now is literally looking okay crypto markets are about to explode i want to make
sure that i dc my way out of it as well,
but I'm not going to go to, you know, Ash.
I don't want to, you know, an inflationary asset
that's worth 50% less than it was just a few years ago.
I want to make sure that I'm into something
that will actually, you know, last.
And RWAs have been definitely my biggest play,
looking at things that are real, real,
that people every day use and need.
And because of power, like I said, uranium has been one of my go-tos lately.
That's a really interesting spot there, Action. That thought triggered something I want to ask
further on is a lot of people get in that trading mindset of buy low, sell high, buy low, sell high.
But you sell your crypto, you're going
back to what you just said, an inflationary asset. How do you balance that? Do you actively
change or do you just actively add? Do you trade any? What is your process and approach there?
Dude, I'll be very transparent. I'm pulling out, I would say that 90% of my revenue comes in through crypto.
Even if it's stablecoins, it's still coming in through crypto.
I'm taking out roughly $4,000 a month out of crypto.
Everything else is just reinvested in.
Just because I know the potential.
I know that there's way more room for me to grow.
And I'm not going to pass on the opportunity.
So yeah, I mean, the only money I'm kind of offloading right now is like expenses.
You know, I'm going to take a little trip with the family this weekend.
I want to be able to, you know, to pay for things.
Yeah, I'm going to take that, you know, that crypto money and spend it.
Like, that's the only thing I will, you know, offload my crypto for is actual expenses.
Everything else stays on chain.
Not even, you know, exchanges, to be honest with you,
just because we know what happens.
And y'all can mark my words here.
You're going to see exchanges not only fold,
but you're going to see exchanges crash and freeze
right at the moment that you guys want to buy and sell
when the markets are going to go crazy.
I don't know if it's going to be any better.
I know, I think it's Alchemy is, you know, on SWE and like, hopefully they do better.
But it's been a struggle, dude.
It's been such a struggle when it comes to centralized exchanges during bull markets.
So I am the DeFi guy through and through.
I want to make sure that I actually own my assets and nobody else has access to them.
Yeah, it makes perfect sense. And like, I guess the reaction today is because they saw the PPI data this morning and said, OK, well, what are the rate cuts actually going to do?
Dude, what are your thoughts around alt season? Why I have you here? Because when I think about this is from the inflationary play, I think people are like rushing into Bitcoin and then Ethereum, maybe Solana. Do you think we're going to get this alt gonna see things going to zero um people forget that like you actually have to have a product behind
your your token um otherwise things are just gonna crash and burn um keep yeah people are so easy to
jump into like oh what's next whatever we were actually doing here no like figure out what it
actually does first like that that's always my recommendation for people um i know a lot of
companies right now in crypto that are phenomenal. Like, yeah, like perfect example is
the one that you guys host all the time, run on flux, freaking love flux, man. They have such a
great platform, but they need adoption. So if they don't get that adoption, that price is not going
to continue to go up. Like I love them to death, man. Dan is the man love that dude. But like,
I want to make sure that I'm actually investing assets that I have not only faith in, but I know people are actually going to be utilizing. So
it's a double-edged sword here. You got to not only have good utility for the things that you're
investing in, but know that people are actually going to want to adopt it, right? I think that's
the biggest problem. A lot of times people come over like, oh, I have the best tech in the world.
I don't even need to advertise. Everybody's going to come to me. And all of a sudden they're left
out to dry just because people don't know about it.
People are not going to use it.
And I think it goes back to what Tropic said.
I think that people, the chains, the altcoins that really focus on the devs are the ones that are going to win at the end of the day.
The reason Apple is what they are today is because when I was a kid, I remember sitting at school with this big old box
that I got to play Oregon Trail in. It wasn't because they focused on the coolest new innovative
tech. No, it's because they got us young. They made sure that we love that ecosystem. Like,
I want to have a Mac at home. You mean I can get different colors in the big old box? Like,
that's the sort of thing people forget about. It takes more than just having a good protocol. It
takes more than just having a good narrative. We actually have to have the
users want to be involved in those ecosystems. So if you're seeing some really cool tech,
you got an option here. You want to jump in and ask the question, how are you onboarding not only
new users, but new developers? Because every single chain out there, SWE included, man,
they want the volume. They want to see people building on it.
They want to see people actually
leveraging technology for something
because otherwise it's, you know,
literally leaving money on the table
and that money just runs dry at one point.
Big shout out to SWE up here on stage.
Make sure you go in and check them out.
Really exciting things happening over on that platform.
You heard Action just talking about it a little bit there.
Action also hit us with an Oregon Trail reference, which just made this space 5X better.
I do want to go around the panel here and get some more thoughts on some of those pieces
Tropic, before I move on past some of the comments you were making earlier, I want to give
you another shot there. If you had any thoughts around that rate piece or the alt season piece.
Yeah, definitely alt season is here. You know, a lot of people are saying that, no, this time's
going to be different. And if you've been in any of the spaces like Lady Trader, that's something
that she's going to die on the hill for. She's always saying, like, no, until we have completely different data, you have to look back on history and work with what we have. It is definitely coming. It is here and so forth. But as far as that Oregon Trail reference But, you know, I like to say that, you know, we're the cool millennials. But anyways, with that whole point, you know, I personally
think that, yes, of course, I do a lot of education with Bitcoin and stuff. And that's usually where
we lead off. But like I said, I talked to developers and even like, you know, DP and,
you know, just came up there. Like we do a lot of workshops and stuff. He's a developer. We always talk about all these different ecosystems. And it's just really cool, too,
that to be up here with Sui because at the end of the day, because like that's one of them that he
always brings up, like if nobody else, he's the one that brings it up and talks about these
different things. So I think exploring to see what's being built everywhere, it's just really
cool because there's honestly, there's so much that's happening right now that just wasn't there even a year and a half ago that, you know, like this space just really exploded.
I'm not talking about just charts and, you know, it's easy to get distracted with green candles, but like the actual advancement of the tech that exploded even more so than the charts.
And it's just wild what's going on right now.
Absolutely love that Tropic.
Prometheus, your hand went up.
Of course, if anybody has something
they want to jump in with,
feel free to jump in the conversation,
We'll get right over to Prometheus.
Hey, Gav, thanks for having me.
No, man, we are in alt season like never before.
I think this is a completely different breed
of an alt season, simply because
of two major reasons. Number one, artificial intelligence and number two, legislation.
So because we are having more and more compute coming into this space, Action made some great points about like how it is we're seeing more and more uh the importance
of uh community being a core uh driven aspect of what eventually makes a project succeed or fail
um and uh you know I think uh I think artificial intelligence is a core aspect of that you know
like all of us who how many of us us use Grok on a regular basis?
Like all of us are getting used to a whole new modality of existence, right?
As a result of this incredible compute power that has been leveraged.
And what I was discussing on another space was that in the future,
we have to design systems in such a way and markets and products in such a way that they're actually catering not just for human audiences, but AI agentic markets as well.
So we'll be selling to droves and droves, right action, like droves and droves of AI agents who won't be able to get bank accounts.
But guess what? They'll be able to get Sui. They'll be able to get XRP. They'll be able to get suey they'll be able to get xrp they'll be able to get ada right so that's that's a fascinating frontier and that's something that i'm actively
you know researching and you know i'm writing an article on when i when i finish writing it i'll
send it to you guys but you know it's it's it's a you know completely new era that we're in it's
very exciting and yeah like four trillion dollar market cap bitcoin at all
time high you know all's coming up i think you know xrp and ada personally like these these small
cap top tens if you will i think they're going to do historic jumps this this season uh the likes of
which we've never seen before um and yeah man just i think we're we're in for a season the likes of
which we've never seen so very excited to be here all right i gotta rebut one little thing i agree
with the ai thing man like two of the companies that i'm launching for um they are actually doing
the ai thing not only uh when it comes to actually leveraging ai to build contracts and that sort of
thing but like actually having having agents talk to other
agents and leverage data.
But something that I disagree with you completely there is that you said SUI.
I think some people on stage might have a problem with that.
Anybody can tell us what?
What's the problem with SUI?
What's the problem with SUI?
We gotta get that Japanese going.
I've been wrong the whole time.
I should have texted you tropic i'm
so sorry dp go ahead jump in yeah um you know i i think it's like the one of my yeah this is
super suey shield but or suey shield but um the the the nail like like in the coffin to me for like
uh what we've just experienced like meme season of
course bitcoin all starwarts are pumping and we're all been looking for like you know a sign of um
of all season and that report from grayscale like hit me in a completely different way because i
was like you know what the institutions are looking at the tech, not necessarily the financial instrument itself.
And to me, that's a surefire sign that we are now like fully in all season.
To see reports like that, diving into actual technology like Walrus, seeing Ika mentioned is just like blew my mind.
And to me, it's like a paradigm shift where it's not just, you know, we're waiting for all season.
We're looking for, you know, all that, you know, could could make create solutions and benefit humanity, et cetera, et cetera.
But then when we see the institution starting to do it and also sort of flaunt it, creating funds, et cetera, I think that's that's that's it for me. We're in alt season now. And, you know, if everyone doesn't have their conviction plays ready, what they believe in for the next for this current run, like you might be too late.
I hear you. You know, one thing I want to add to that, too, is.
All right. So like the first alt season was like everything was the Bitcoin killer.
Right. Then it was everything was the killer.
And this time around, it's like, OK, it's like, no, you're not going to kill off anything. What
are you trying to do? And I think, you know, a lot of the hype that, you know, people, it means
certain people was like power to them. I'm a marketer at heart too. I love marketing. I,
I'm a weirdo. When I was a kid, I used to collect commercials, like whatever,
but I love marketing. And like, there's some teams, like they're just marketing geniuses, But it's like, what are you building? It's like, well, nothing. You know,
we just have a great vibe going. OK, cool. But how is that going to sustain into the next time?
You're like, you're not killing off Bitcoin. You're not killing off Ethereum. Like, what are
you doing? So, yeah, I really think that's really cool. It's a little bit different in this time
around. But one thing that I want to touch to you, I think it's Prometheus.
I mentioned laws earlier this morning or late into last night.
I got a little scared because there was like this tweet that came out saying that the App Store and Google Play Store are going to ban all crypto wallets and exchanges.
all crypto wallets and exchanges like, whoa, what's going on here? Like, I thought we're past
I was like, whoa, what's going on here? Like, I thought we're past this.
this. But then, of course, they had to jump in and Google actually responded and said,
it's the non-custodial wallets. So like, you know, based on the Clarity and the Genius Act
and all that stuff, you have the KYC and all that. Well, that was specifically to exchanges
and custodial wallets that were holding funds and acting as a bank while they need to register as a bank in the US and the EU. So it's like, okay, there was a huge, like almost a heart
attack moment. Then it's like, oh, okay, breath of relief. So it's just interesting times again
to see what's going on right now. That's some great additional thoughts there,
Tropic. Let me bring in bits of wealth and see if you have any thoughts around alt season or the rate cut cycle just being extremely bullish for crypto. What are your thoughts, Bits?
Come on, man. You don't want to kill the vibe this early, do you? We still got a lot.
We can't have everybody on the same side of the ship here.
I was leaving the space. I was leaving the space.
Kate already knew. It's the seesaw fact here. We can't have everyone on the
same side of the boat. It's going to turn over. That's hilarious. Three years cycle.
Yeah, look, I think the potential to set up for it is definitely here. But I don't know that the
data is showing that we're there quite yet. Ben Cohen's done a really good job of just looking at the data and he catches
so much crap for it. Right. But it's like, I think, unfortunately, this is like that tribalistic
cult side of crypto. And it is what it is. Like, we just have to accept that it is what it is.
It's what we kind of subscribe to. Right. Like when you when you first get orange pilled,
as they say. Right. Like that's that's, what it's doing is it's kind of breaking a paradigm for you. And it's like,
you're seeing the matrix for the first time and you kind of start understanding all this stuff.
So there is a cult element to it. Okay. Like it is what it is. But at the same time, I think,
you know, you've got two, you've got at least two groups of people in crypto. And, you know,
one of them is, is the group that's here truly for the
tech there's the long-term investors they're um they're positioning for that kind of generational
run like you know that's i think that's probably the more prominent side more most people fall into
that category but you're starting to also see a lot more people come in they just want to trade
the space and they want to leave the cult the the religion out of it. And they just want to say, okay, this is a new class
of instruments that are tradable 24 seven, that sometimes move with, you know, the traditional
markets. Sometimes they move against them, but it's kind of its own thing. And those people,
I think just want to come in and they, they say, okay, I just want to be able to trade this. I
want to play from it. I want to capitalize from the volatility.
And what you end up seeing is you get these two different groups of thought at each other's
throat a lot of the time, right?
And typically, I mean, to be fair, I think a lot of the times it's the former that's
kind of at the throat of the ladder, right?
Like you don't understand.
You shouldn't be trading it. You should only be holding it, it's up only. Those kind of people
typically feel, I think, a little bit threatened when a trader comes in and says, yeah, I think
this thing's probably topped and it could be going down for the next, because it's such an emotional
response, right, that gets triggered by that. But it's funny. I think we just fail to recognize that we're, we're speaking about two very different things. Like one is
the ability to say, I'm going to take some money and I want to use the volatility that, that
happens in this space to make that money into a little bit more in the short term. And then the
other side is like, well, I'm investing in this for the long run. I don't really care to pull
that money out in the short term. I'm going to kind of set it and forget it. Right. Um, but you get a lot of
that. And it's so funny. It reminds me of, you know, kind of like, I'm, I'm not really the guy
that has like the NFL team or the NBA team. It just never was really me. I like martial arts a
lot, but I, I still don't have that kind of like the favorite, right. Where it's like, I have the
Jersey or I have the, all the memorabilia and
all the stuff. And it's like, I, when I'm speaking about the team winning, I speak as if I'm on the
team. We won, we did it. We lost. We like, it's just, I've never been that guy. And I think we
get a lot of that in crypto where, um, you know, people, people treat these things. Like it's like
the, it's like their team, it's their favorite team. And it doesn't matter if the stats are showing that they're having a bad season it's the team it's the best
team ever this team's definitely going and there's nothing you could say to change their mind right so
um a lot of that happens and it's just funny i i've gotten to a point where i think i've
detached quite a bit from uh that like religious side of it and that kind of cult side of it over
time for good or for bad.
I don't know. You know, we'll find out in retrospect over the, over the years, if,
if this was a good thing or a bad thing, but it just is what it is. So, um, but you know,
you look at guys like Ben Cohen, and I think he kind of falls into that category where
sure. Like he, he definitely, it's undeniable that he has belief in the space and that he's
bullish on the space overall, that he's invested in the space. I mean, he, uh, you know, he creates content. He's got a platform that he built around
all of this stuff, right? He's at events. He does all that, but then he shares data that's on a
chart, not his opinion, not, not something that he's just making up. This is data that's on a
chart that anyone can look at. Anyone can, can pull the same data. And then he just basically
shares that and he gets a lot of flack for it. Right. And it's just always interesting. But, you know, he's been highlighting recently and I think he's accurate that if you really look at, you know, the crypto space and altcoins as a whole, even though some are off of their lows and they're up pretty nicely and we're seeing some that are pumping 100 percent, they're making big moves.
And we're seeing some that are pumping 100 percent. They're making big moves as a whole.
When you really look at that altcoin bucket, it's still really just bled heavily against Bitcoin and right now against Ethereum.
I mean, if you look at that, if you look at others against BTC, you know, it's still relatively just been down and sideways.
The worst chart to look at, honestly, is others against Ethereum recently because it's just it's been
a massive move. They're down like 50 percent alts as a whole against Ethereum. Right. And you might
be saying like, oh, well, my alt isn't down. My alt is up. But what this means, though, is that
that money may have potentially been better off being in Ethereum versus being in that alt,
even though your alt might be OK. It's not making new lows, it's not showing the same relative strength that Ethereum is showing. And a lot of people miss
that. That's where that tribalistic side comes in. And I think it's really easy to get emotional
about this and take the data as like a personal attack when someone shares it. But look, I don't
think we're quite there yet. I think the data supports that it's not quite time yet. Does this
mean that alts are necessarily making new lows? I don't know that. I really don't yet. I think the data supports that it's not quite time yet. Does this mean that
alts are necessarily making new lows? I don't know that. I really don't know. I don't know.
I don't have a crystal ball. I think Benjamin Cohen feels that there's the potential that
they could make a new low, right? Especially if BTC dominance gets another push up in September,
you know, via the historical data. Maybe that's the
case. But even if they don't, even just go look at the others chart, which is the total crypto
market cap excludes the top 10. And even that is just pushed up against a very high timeframe
resistance. And it just got a gnarly rejection off of that. So it's not quite ready. I think
we'll know for a fact, like the data will show you'll have the confluence between the others charts, the total three. When you look at others against ETH, BTC and
Seoul, you'll see it there. It'll be undeniable. And maybe it means that, you know, if you're
waiting for that confirmation, maybe it means that you missed some of that initial move. You
missed some percentage, you leave a little bit there that you didn't capture. And that's fine.
If you're, if you're the confirmation trader,
you know, if you're the type that's kind of waiting for that green light and you'd rather
not risk it, that's just part of the game, right? But if you, I think Tropic was saying,
or someone was saying, like, if it's a conviction play for you, then there's a good chance that
maybe the lows are in and you may have bought some or accumulated near the lows and there's
a good chance for that. And if you're willing to risk that it goes down a little bit more
because it's a long-term hold for you,
then that's certainly just a totally different strategy, right?
Some really good pieces there.
All I really heard from Bits just then was that alt season was a myth completely.
I don't know if you guys heard what I heard.
No, that was some really good stuff there from Bits.
Prometheus, throw your hand first.
We'll go over to you, and then we'll go to go to action yeah just to build on that a little bit so uh i think what's different about
this alt season is the willingness for a lot of projects to basically work with each other right
so i mean we had some of that last time but i think we're seeing that on a whole other scale now. I was just on a call with the founders of Tashi Network
and how it is that they're bringing, you know,
so many L1 protocols onto their protocol
simply because of higher efficiencies that they're able to deliver.
And so you're having greater and greater trust
and integration between, like, you know, major, major protocols.
They're working with, yeah, like, I'm not going to name their clients, but like major L1 protocols are
coming on chain with them. And, you know, like, even with Cardano, you know, you're seeing a
willingness to work with so many of the other chains as well. Like we're seeing everybody's becoming a bit more like chain link,
it seems to me, you know, like, so I think,
I think that's generally a positive thing. You know, the,
I think the whole identity politics in this space has been very toxic.
I personally practice mixed martial arts.
I'm not a fan of just Taekwondo or just,
you know, Krav Maga or whatever. So I think like we can approach the whole investing and technology
growth aspect of our unique industry from that perspective. So I think that's really promising.
In terms of Bitcoin and ETH dominance, look, you know, it is what it is.
OK, those are our biggest, you know, movers and shakers in this space.
That's how the entire world has known about us.
Look at what's happening to all these different companies that are also buying massive amounts of ETH and seeing their, you know, stock prices go up.
And then also, you know, and there's a reason for it. It's because compared to Bitcoin, ETH allows for higher APY yields, I think, you know, on a monthly basis.
Like there's a lot of advantages that you get on ETH from a purely financial perspective sometimes and a liquid perspective rather than compared to Bitcoin.
Although Bitcoin is, you know, the gold asset of our space. And so all, you know, what I'm advising companies and clients to do is actually
rather than seeing, oh, am I going to be able to beat ETH and BTC, which you want, okay,
work with them, all right, like find ways to integrate your system around these other systems
that are maturing as well.
So just wanted to throw that thought in there.
I know Action also has to stand up.
Dude, I want to hit on two things.
Like both you and Bitsa Wolf kind of hit on the same exact thing that I want to make sure people are aware of.
First and foremost, super excited that you are into your Steven Seagal's Voshito.
It's awesome to see somebody else that appreciates the fine arts.
Y'all can look at this up later.
There's a lot of Bolshito practitioners on CT, though, actually.
You bring up a great point.
But so, well, if you were directly targeting Gary Cardone, man,
with his Church of Bitcoin on sundays uh i love it uh yeah if you become a cult follower to any crypto you guys are
going to lose church i am that's right he renamed it he was i believe in freedom of religion man i
think anyone can believe whatever they want yeah but at the same time if you marry your your bags
you're going to write it all the way down Like that's the thing that people need to remember. Um, but just one quick comment
Uh Prometheus by the way Tashi I freaking love Ken Anderson if y'all wanna look him up
These guys are builders are doing some really cool stuff. I was speaking to Ken last night actually
I was speaking to him there
I had a meeting during the day, so yeah, I'm right there with you
Hopefully I can get those guys a little bit more money. I feel like I haven't done them
I haven't helped them enough, so I've got to do more.
But yeah, if y'all should definitely check out Tashi.
Those guys are killing it.
Something both of you guys touched on, though, is for me,
you talked about how companies buying ETH are doing well.
And Bits of Well, if you talked about how some of this stuff is actually like
people are not seeing as many gains.
If they would have bought ETH, they would have done better than their alts this is a really important piece that it took
me a bit to understand when you guys see bitcoin or ethereum pump and you see all of these other
altcoins follow take a look at the pairs nine times out of ten these other altcoins are not
just doing so much better they're just all of a sudden doing well
because the the you know ethereum or bitcoin are doing well it's because they are literally tied
to it you got to look at pairs if you have a token paired with ethereum and ethereum pumps
that token is gonna pump because now you're actually increasing the price of the whole
thing overall um i i feel dumb saying this and i don't mind telling people how stupid i am if it helps you not
make the same mistakes that i did in the past like you've got to pay attention to what the pairs
actually are because if you have a token paired with eth and e pumps it's gonna pump it's one of
those things that i didn't pay attention to in the beginning but you definitely have to check out
and be aware of because you might think your coins are doing great and it's just because
some other asset is actually doing better.
Tropic, go ahead and jump in.
One thing that I will say, and this has nothing to do with charts whatsoever.
A sign that alt season is here is, I don't know if you guys saw the recent exchange between eric trump and ashley decans those of you that don't know ashley decans is like uh within the
web3 ecosystem you know nfts all that stuff and so forth but earlier in the year he had said uh
you know criticized the fact that he was uh uh i guess you'd say promoting eth and saying that
it's a good buy and he took the opportunity to just double down and,
And somebody in the comment section,
which is the best part of the internet,
you really came back for the dunk.
So if that's not like a little sign saying that,
all season is kind of here.
but as far as one thing that I will say,
that could be the top when somebody starts dunking on somebody.
Cause he went down 50% before it went up.
Yeah. Right. Yeah. It's, it's part of the game. He's in it for the long run.
But one thing that I will say though, you know,
we threw around this world interoperability and all this stuff.
Like last time around, that was like a pipe dream.
That's where we hope to get.
And everyone is using that word.
Now no one's using the word yet.
These projects are interoperable, right?
You can bridge all this stuff together.
And it's like, wait a minute.
Like, why is there not as much, I guess you'd say,
use of this word interoperable now,
but it's much more interoperable than last time.
And last time, everyone was talking about, oh, this is going to be interoperable.
Now it is, and it's like, eh, everybody's just moved on to something else.
But one thing that I will say, too, is the user interface and just the experience for a user,
I think, is really important, too.
So, of course, you're going to look at what they're building how things are being developed but
the touch point that people are using is usually the wallet right they are interacting with that
more so than they are actually interacting with the chain and understanding how all of the stuff
works in the background and one of the first chains that I came onto, which we haven't even mentioned or talked to it right now, is back in, for whenever it was, the WAX blockchain with their wallet and ecosystems.
We all made mistakes in the past, traffic.
It's great to get onto this thing, but the whole thing would actually go down when the server had issues.
So then if you tried to use your own self-custodial wallet, meaning that you had everything and
you weren't relying on a server, it was so complicated.
And I consider myself to be a technical person, and I could not figure this thing out for
And I stopped using the, I guess you'd say the alternative and just went back to the cloud, right?
So it's like now you have all these options that are so easy to use.
And I just want to throw that out there too.
Another thing that's helping to bring in this alt season, bring in all the excitement and all the people that are exploring and using all these dApps and playing games on chain and doing all this stuff is the fact that the touch point that they're using
the wallet is so much more better this time around and i just kind of land the plane right there
and i pass it over to dps your hands up just fyi i you did summon ashley um by talking about her
and little trump that's his rapper name by the way hey what's up ashley by the way yeah i saw
that exchange absolutely hilarious i would love to hear your thoughts on that. Eric responded to you. So what's up, man? Or not man, but ma'am.
DP, I saw your hand go up in there. If you want to go ahead and jump in and then we'll hit some of these other panelists.
Go ahead and jump in, and then we'll hit some of these other panelists.
Yeah, I wanted to add to a couple of things.
I think Prometheus had mentioned how this time around we've got more collaboration.
I like to call it collaboration season.
And that was one of the things that Sui leave, but that was one of the things that got me with Sui
because being out of the Binance camp, not necessarily BNB as a live host, the culture there is more multi-chain.
It's been that way for a while.
We're somewhat incentivized to support all blockchain technologies that's available on the Binance platform.
Instead of creating, it's more of an open multi-chain culture.
When I first interacted on SUI,
that was one of the things that got me
that it was just so seamless.
And, you know, so many of the projects on SUI
are actually in collaboration.
So I think to add to like what Tropic said,
that adds a bit more fuel to like the push
for interoperability if everyone's working together.
And Action had mentioned, you know, take a look at the pools, the pairs, right?
And sometimes it's by design, and I want to add a warning to that.
So I'm also like the lead on CaribDao.
Really, we're like four years in.
We're smaller, again, not trying to show.
But we locked our initial liquidity during the bear market, right?
Many projects, it's extremely hard to get through a bear market, you know,
and many projects that are launching now are starting up now.
You definitely, as Action said, you have to look at those peers
because if they're locking ETH, if they're locking BTC, BNB,
whatever they're locking, if they're at all-time highs you know
that puts more strain on that project regarding price action when the beer market eventually comes
and we know what's coming um i know all the debates this is going to be a different cycle
cycles might be over but there must it's going to come in some way shape or form so just wanted to
add to what action said about that like Like pay much attention to the peers,
especially if you're, you know,
investing in new projects at the moment
And oh snap, Ashley is actually here.
I thought that was a joke.
Nah man, she definitely is.
Yeah, I'm here, unfortunately.
What's up Ashley? Oh, you know here, unfortunately. What's up, Ashley?
Oh, you know, another day.
How's your last couple of days been?
Well, so I didn't know what was happening when it first happened.
I was eating dinner, and I got like 20 text messages that was like, you know, LOL, Eric Trump.
You know, you're so cooked.
You know, have you seen Twitter? I was like, you know, LOL, Eric Trump, you know, you're so cooked, you know,
have you seen Twitter? I was like, what is going on? So I look, and of course, you know, the first time that the president's son notices me is for that. So this is a warning to everyone to watch
what you should post. Hey, look at the bright side.
At least he noticed you, right?
Yeah, I mean, I cannot believe that he found a tweet
two months ago and quote tweeted me.
Like, am I, I don't know.
Like, I didn't think I was doing that.
That tweet that he quote tweeted originally
only had 300 likes and 10K views.
So he for sure saved that thing.
Oh, it was a 100% bookmark.
There's no question about that.
You can't point out the joke, man.
There was a podcast I produced a couple years ago with Hester Pierce. You can't point out the joke, I'm coming back to this.
And we have people in the government saying, OK, we need to figure out how to play this exactly.
And they're listening to these conversations like they really, really are.
And so like they heard bits of wealth say all season's not coming.
And I'm like, they're coming for you, Bits.
I mean, you're welcome, guys.
I just want to know who his alt is.
There is no way he doesn't have a crypto Twitter account.
That would actually be fascinating to find the alt account.
Wherever you are, Eric, come on up.
We'll have you up on stage.
Should I try to get him up here?
All right, let me send some DMs.
Absolutely. We'll settle this today right here on this space.
Ashley, thanks for joining though. We can talk about other stuff as well. That was just
a very interesting hot topic that a lot of us saw on the timeline. Do you have any takes
around either that piece with Ethereum? It actually
did go down for a little while after you posted that. And then now it's back and now the dunking
happens. And any takes around the crypto market in general here, sitting at all time highs?
You know, I am pretty bullish. Like even with that post, like even before, I've always been
pretty bullish. I saw a take yesterday that I really liked, I think on the FOMO hour, where it was like
the four-year cycles are over and it's just going to go up and down, up and down over
I feel like that was a really good take because in this market, we've seen that so many times
where there's just a massive surge and then a massive dump.
Like right after you tweeted it, it went from $2,900 to $1,500.
And now we're at, it was at like $4,700 yesterday, I think.
And now we're back around $4,500.
So I feel like things are still really bullish.
Obviously, things are going to fluctuate.
But like I feel like there's more bullish sentiment now than there ever has been.
Not just on crypto Twitter, but I think institutionally.
People are more open to talk about it.
News stations are coming.
Everybody's coming to crypto.
Everybody wants to be a part of it.
And I think that's like the biggest takeaway that I'm bullish on is the fact that it's
being more widely adopted.
And that's really what we all wanted in the first place.
You know, in the past, when we saw it hit like CNBC, that was usually the top, right?
Like when your second cousin starts asking you about crypto at Thanksgiving,
like that's usually like, okay, it's gone too far. Do you think it's different this time? It's always the same, but it's always different every time, right? I think it is different this time
because before like you'd see stuff like that and it would immediately be a sign of the bear market.
But even with multiple signs like that, multiple top signals that we're seeing, it feels like it just keeps going on.
Like we keep hitting new all-time highs.
It feels like the top is not the top.
Feel free to jump back in at any point here.
Of course, we've got a couple other speakers on stage we haven't got to hear from yet so uh bad price let's go over to you and see uh anything in the
conversation that you have a take on any thoughts that you want to throw into the mix here
yeah what's up what's up everyone congratulations on the go congratulations that's who i'm going to next i love that you did that yeah look well
then i'll run down some of these shorts that i've been in a lot of on the goes uh kind of picks here
i have a little on the go list that i've been shorting which is uh soon a v a ai uh let's see house um and then i went in and i got a short like on yesterday spaces you
know i think cade was like so what are you kind of looking to do next or whatever um and i was
talking about like hedging any long exposure i had. So I went in and started layering into like on that spaces, started layering into a sole short, went in shorted AVAX, went in and shorted a lot of those.
Well, I was already in shorts on a lot of those stuff that I just mentioned, but also went in shorted pump. Let's see, got a little short on
troll. I've been shorting that, but yeah, that actually looked like it kind of wanted to bounce.
So just kind of went in and took a quick little scalp on that one, just a quick in and out.
Oh, just kind of went in and took a quick little scalp on that one.
I kind of felt like Calvin because almost everything I was looking at,
I was like, I got to short this now.
So I ended up having like –
Are you shorting things that are lagging?
Are you looking at things that are lagging?
Are you saying that this is like it's too frothy?
Like what's the short thesis on this?
So, or is it just like you're, you're against on the go?
Is that just, is that what it is?
I was going to say, but Brad Price probably doesn't have any.
I mean, I could be wrong about that, but I'm pretty sure on the go is probably also shorting.
No, I mean, we've talked about a lot of these kind of like uh
you know low liquidity uh you know shitters um that just kind of have a a quick hype phase
right like boom quick pump quick hype phase and one thing that's pretty dependable with them
is you can short them back down to the basement right because you know they're that's what happens with these things they they go through a little
hype cycle and um yeah they're just kind of uh easy shorts so i hit a bunch of those easy shorts. And then with something like soul and let's see what else like AVAX.
Those were mostly like just kind of hedge plays, you know, over some of my long exposure.
So, yeah, so that's where I'm at.
All this talk about alt season, I will say this, like, you know, what you were just saying, like, are you shorting like more of the laggards and all of that?
When I talk about what to look for to kind of long, you know, in the alt market, you know, you are going to be better off trying to focus on the issues that have held up the best while everything else has
been getting crushed you know all this talk about alt season alt season all season well if you go
through a lot of the charts it there's not that much that's close to their highs right like we
got stuff like xrp uh you know um what's it called i'm having a brain fart oh hype i've been uh long in hype a lot
um these are like close to their highs right there's not a lot that's close to their highs
if you go through the charts and look almost everything's you know down close to the lows
and have gotten crushed and that's because you know it's that's because it's not going to be the same
like the past alt cycles.
And we've been talking about this for like, what?
Like a year now or something.
Like it's just liquidity spread so thin.
There's like just millions and millions of coins out there.
Then on top of that, you toss in the whole meme coin craze.
alt season means something different.
It's usually not what people expect, right?
Like if you remember last season,
it was everyone's focused on whatever,
And really what ended up pumping all of alt season,
outperforming everything else was like SHIB. It's like, what the SHIB's going on? Like,
this is crazy. And SHIB just kept on pumping. So it's never what people kind of expect.
You know what I'm saying? And yeah, just, you know, regardless, though, is you could depend on everything, at least, you know, pumping, right?
Like, yeah, there might be like a leader that just takes over and most of the liquidity flows into like last season, it was something like a ship, but still everything would pump, you know?
So like even someone who wasn't that great at trading is like, yo,
just chuck money at the market.
That's all you really got to do is just chuck it out the market, sit back.
It's not going to be like it this time.
Like we, you know, say in the, in equities, you know,
it's like a stock pickers market.
Yeah, I'm just saying like-
Is that the tape we just got?
Not everything's going to be making a new high
In past cycles, almost everything would be making new highs.
That's not going to happen this cycle, obviously.
There's just too much shit out there.
There's just liquidity spread way too thin.
So, you know, it's definitely going to be different.
So I would focus on the ones that have been, you know, if you're bullish and you want to go in on long stuff,
then I would focus on the issues that have been holding up really well.
focused on the issues that have been holding up really well and you know um the dinos like the
dino coins have been doing well a lot of them at least um and i think a lot of that has to do with
you know everything that's going on with uh regulations and you know governments stepping in
um so with you know traditional market participants getting involved
in the crypto space right like big wall street players all of that they're going to look at okay
what has been around for a while you know even if some of it is like almost in a way almost obsolete
or you know tech advances um from what i'm seeing you know they're still
going in and buying some of these like older dinos that are more established and with a lot
of the projects though there is at least something there it's just not you know complete vaporware
you know um so that's another thing that i would do is I would go through, make a list of vaporware and just keep your fingers crossed.
Look for the pump. Hopefully, you know, some of them will pump.
And if they do get in on the short side, because with a lot of this stuff, the short side is going to be way more dependable.
You're going to get maybe um
you know some hype cycles with some of these things so make make a list of stuff that you
know you're like oh please god let this have a hype cycle so we can just short this back to the
basement and that's going to be the play in my opinion so the trivia question for today is what coins roll downhill?
Uh, I mean just go through the charts and look like I said you'll be seeing uh
most of the coins are closer to their lows than the coins that are off their highs.
So what I would do is uh I mean what probably like 90% of the market is probably closer to the lows than their highs.
But what I would be looking for is, you know, oh, please let there be a hype cycle with some of these things.
And if there is, you know, watch it and start layering in your shorts because it's going to be a short-lived uh hype
cycle and you're going to uh you know be able to make ain't no money like short money baby
and you'll be able to make that short money down to the basement there you go ashley what were you
gonna say there oh i was just saying uh i was just asking him to name and shame you know name some name some coins i mean like i said the
list is long um don't don't listen to ashley though didn't didn't she just have a name and
shame uh experience recently i can't recall brother i'm never gonna live this down oh no
the list the list is the list is long with all those I like the list is way shorter with stuff that's off its size.
B&B, boom, right off its size.
So if you're looking for long stuff, you know, go with something like that.
XRP, close to off its size.
You know, the list is going to be hyper liquid.
The list is going to be way shorter for all of that stuff.
it's going to be interesting to say the least.
You mentioned on the go's name.
We haven't heard from him yet on this space.
I definitely want to throw the mic over to him and then I see tropics got a
hand and we can hit trader Steve as well here in the last few minutes.
Congratulations to everybody.
Yeah, let the blood flow.
It's payday for the traders.
Congratulations to the traders.
I know you guys are bathing in the cash.
A lot of you are better at this than I am,
and I'm bathing in the cash, so you guys are drowning in it. So this is a phenomenal day,
man. Like Price already said, we're shorting the pants off of soon, AVA, AI, House. A big one that
we've been watching in the group is Useless. It's finally showing how useless it really is,
and it's doing the only thing that it can make us money which is dive to the basement uh monster short on useless it's so good dude and when i when i put it in the group
everyone's dm me breaking my balls like oh don't you know that coinbase is typing that up and i'm
like don't you know i don't give a shit like duh like how long have you been trading again okay be
quiet like this is yeah we want them to hype it up.
Tell us it's the next world reserve currency.
Tell us it's the next XRP.
Whatever makes it sound more ridiculous, we'll give it more steam, right?
So useless is doing the only thing it's used for, which is making us money on the way down.
I'm probably butchering the name, Zion, X-I-O-N.
We're shorting the hell out
I guess I should touch on SKL and ICNT only because I don't think those are near done,
Especially if we continue to bleed, those have just started now to show weakness and
fall SKL and to get real, uh, a real perspective for the potential that's left in that short,
you might pull it up on the four hour.
Uh, and you guys probably already have, but if you haven't, you might. And then ICNT, the same thing.
I think these things have a lot more blood left. You might pull that one up on the four hour as well to get the perspective of the room that's left to the basement. SKL, ICNT, ZBCN, beautiful
again, looks like it's turning around and dumping as well. There's just money to be made everywhere.
I agree with a lot of what Price said about going with the heavy hitters,
the established proven runners,
if you want to make that reliable, guaranteed, slammed-up money.
But the same thing that Price is doing,
like a lot of these tokens he's talking about
that we've been casing down to the floor,
they keep printing money.
And I'm a guy that hates to be in trades for
a long time, but I found you can learn and grow as a trader no matter how many years you've been
doing this because now I'm in trades for days and days at a time. It feels dirty and kinky,
red light district type trading. It's very weird. And I just scalps is my game. So it's cool to get
And this cycle is different.
Just to touch on what you guys just said briefly before I get out of the way here.
This is a different cycle.
And I think that we're not going
to know exactly what's going on right now obviously until this is historical data which is next cycle
so i think we're all doing a good job though you make the money where you can the low-hanging fruit
trades like all these stupid shitters that nobody's going to care about in six months
i think that these are to price's's point again, the easy liquidity.
It's where the herd goes.
And someone has to slaughter them.
And they should go out and get help, right?
They should go get help from people.
There's thousands of people in the space that can educate you and make you not be a sheep in the herd and make you be a killer.
But if you don't go get that help, then you deserve to just walk right into that buzzsaw and just get ate up so it's a pvp game you know take your profits nobody ever went
break uh went broke taking profits and uh you know don't be like price and use a thousand x
leverage all the time congratulations everybody hey hey hey man look leverage high leverage you
know it's all good if you you gotta know know how to use it. Don't hate it.
Cade, can we get a space on leveraging leverage?
That's the topic for the next space that we do.
Tropic, you've had your hand up patiently.
Let's go over to you real quick, and then we'll continue around.
Yeah, just a real quick take.
Since everyone's talking about shorting and what have you,
the last bear market, we were doing one of those like all night caribbean spaces
just like talking about all the stuff everyone's talking about what they're shorting and what have
you and i was like you know i never really shorted anything because just to me just i just feel like
i don't know it just feels weird betting against someone's failure and someone threw it actually
was a banker from canada one of the guys in the community was like um well you know when you stable up and you go to a stable coin not only
are you shorting the project that you're coming out of you're technically shorting the entire
crypto market and it kind of changed my perspective on everything because if you are going into
stable coin fiat whatever currency it is, you're basically essentially betting that that is going to be a better place to put your money than any other project.
So without doing it, you're actually shorting projects.
So I was like, huh, that's an interesting way to look at it.
Just throw that out there.
Well, Tropic, you know, most or not most, all shorts are just future buyers. Like, you know, why do you think we get some of these monster pumps, especially, you know, in the crypto space?
It's from squeezes, you know, short squeezes.
So, you know, shorting, you know, keeps the market healthy.
Short sellers, you know, same thing in traditional markets.
You know, it keeps traditional markets, uh, healthy. It's, uh, I don't know which blood cells was it the white blood cells of, uh, of the system, you know, just going around, uh, killing all the trash, you know, keeping, uh, keeping the markets honest.
But, you know, like I said, shorts are just future buyers as well. So there's no reason.
I remember Musk, man, back, Musk always used to go after the short sellers, complaining about
short sellers and all of that. And it's like, yo, man, that's not necessarily a bad thing.
You're going to get these squeezes. The shorts are future buyers.
And like what you were saying, when someone rolls over into stable coins, they're in stables.
They don't have to go back in and buy it back to close out their position.
They're completely out of it.
Anyway, that was a good point, though, about the stables.
Yeah, that actually hits on that cult religious side of it though,
which is exactly what I'm kind of hitting at. I think there's this idea that if we just all hold
hands, sing Kumbaya together around a fire, that things would only go up and that they only go down
because of bad, evil people that are shorting or manipulating, right? And it's just not how it works, right? There's a buyer for every seller. Think about this, right?
Every single person on this stage has a number where they're going to sell one of these assets
before the bear market comes. Almost guaranteed, maybe not BTC, but most of the other things,
right? So does that make you a bad person because you're going to sell and someone else is going to
be buying your sell on the other side? Like when you're selling these things to take profit, to go feed your families or upgrade your
home or take that vacation, someone else is buying that side of it and they're going to be stuck
holding it at that bad price, right? Does that make you a bad person? It doesn't. So this market
isn't a big kumbaya. It is PVP. Every time you you're buying someone is selling and every time you're selling
someone is buying it's just the way it works and unfortunately like that's that religious cult
side of it and people try and make it emotional and it's us versus them and it's just not how it
works the the only truth is that if you're if you take a bad trade in either direction either
long or short you're probably going to get wrecked and that's because you took a bad trade right
it's actually a really good point there but There's a buyer and a seller for everything,
right? And honestly, that emotion is what you need, especially if you're on the trading side.
You need the emotion. You need over-exuberance for people to all of a sudden get scared out of
positions, et cetera, over-leverage. All of that helps create the volatility that traders absolutely
love. We are running out of time here. Trader Steve, I'd be remiss if I didn't get at least one comment from you. So I want to throw
it over to you and see if you want to throw in something here to the mix before we wrap up for
the day. Hey, thanks for having me. Yeah, I'll keep it nice and short and sweet. First of all,
OTG with the classic congratulations on the biggest red day in the last like month and a half i know a lot of people's portfolios are completely bleeding
and this guy's saying congratulations to 400 people in the space anyways uh as far as uh
crypto goes uh with the market yesterday man um uh price action wise because me as a trader I tried hunting liquidity
and I didn't try I didn't find a nice price action for me to enter any short sadly so I did not
catch this move but as far as the longs go from we spoke about even in the wolf spaces in here
we had a nice I'd like a nice long around 113k with uh with my twitter around last week and i
took a lot of profits at that 122k region not at the top exactly but definitely a nice
take profit zone but uh as far as yesterday goes man just to keep it quick for any uh new people
like into crypto and stuff man i don't know if you guys saw the timeline yesterday if you're
just seeing everyone i know everyone's parents were talking about buying crypto.
When you see the market that loud and greed is flying through the air and everyone's buying every single coin and saying all season is coming, expect some blood to come in.
Look, no one wanted to buy 1400 Ethereum at the lows.
No one wanted to buy 74K Bitcoin, but they want to buy 125K all time high.
Ethereum all time high they they choose to
get in there but at the lows they're completely wild how that works it's insane how that works
but but honestly it will never change because that's how markets work that's how this pure
psychological that's how markets work it's all psychological behavior to the way the average
like person thinks when it comes to investing so it will never change
so that's the sad thing about it but just make this be a lesson if you decide to buy yesterday
really try and buy when no one wants to i know uh with that eric trumpos he's definitely laughing
with this ethereum but he had a bad entry on that but regardless if you look at these positions you
look at ethereum at a 1400 and everyone's calling it dead at the lows
The technology is horrible,
there's such buying signals for you.
So when you see all time,
I just try and stay away.
when you see a low prices fear flying into the market,
that's when you start buying,
So anyone who bought at the lows,
congrats still on the higher prices.
Whoever bought yesterday,
I'm not going to pull an OTG and say congratulations because that's hilarious.
But yeah, man, if you didn't expect the blood yesterday, just to keep it short, just look at the timelines.
This dump, this flush was due to happen, you know?
do what it happened you know yeah i think everyone on yesterday's spaces that we're on too like
was pretty much saying like look for shorts or hedge your longs and all of that uh to the point
of what you're saying though like it's it's unbelievable you know like just a lot of people
can't deal with the fomo they they really feel like it's just going to get away from me, you know, so that they go in
and buy at the wrong times, you know. Your best buys are always the ones that it's hard to pull
the trigger because there's blood on the street and there's a lot of fear out there, right? Those
usually end up being your best buys. So that's why, like like especially newer traders is i think it's real
important to you know uh get a gut check like you know um if you're keeping trading logs and doing
all that stuff that's fine but make sure to include like your emotions look like once you
once you recognize your emotions it helps you at trading, right? Like when you start feeling that FOMO, you're probably actually better off to look, you
You're probably better off looking for shorts, you know, to fade the correction or pull back
or whatever than just going in and FOMOing it.
Especially us as influencers, though, like when we make a post at the bottom and everyone's
making fun of us, like, why are you buying here?
If we make a post that we're bearish at the top and everyone's like, oh, you're trying to flood our bags, all that.
When everyone's making fun of everyone on the timeline, just know you're probably on the right direction of the move, you know?
You influencers are gross, man.
Absolutely disgusting behavior.
What a great space, honestly. This space, boy, I tell you what, what a great space, honestly.
One of the most American spaces.
All right, that's it for today.
What a great conversation.
No, no, you got to close it out in that voice now.
He's actually talking live right now at the White House, so I'll let him handle it for now.
I tell you what, there's something that is read
and it's just like automatically in Trump's voice
But either way, number go up is .
Just a little quick recap here.
But there's a lot of great things going on.
Shout out to SWE for coming up here with us today.
They're getting a lot of attention right now.
I saw Grayscale, if you're on the Tradify side, Grayscale, you know who Grayscale is, just launched some
trust tied into it. So some institutions getting parts of the ecosystem now. That's really
interesting. So big shout out to them. Make sure you check out them, all the great things that are
being built over on their platform. And big shout out to this crew. What a panel we had today.
My co-host was glitched this entire space.
We had like two or three people
had to rotate at one point,
but big shout out to the whole crew that came up here.
We do all kinds of crypto talks like this
over on our Wolf Crypto channel.
We have a couple of joint spaces
between Wolf Financial and Wolf Crypto
and you see a lot of these regulars up here on top
just dropping alpha every day.
So big shout out to the whole crew up here,
actually hanging around with us as well.
We had X-Space's crew that first hour.
This entire thing was recorded.
So as soon as I close this out, you can listen to that first hour of X-Space's
crew with some just great general discussion.
Some life advice was thrown in there.
And then of course, all the crypto alpha right here.
And make sure if you're following these speakers, you'll get a notification
when they're jumping in other spaces and dropping all this alpha. And make sure if you're following these speakers, you'll get a notification when they're jumping in other spaces
and dropping all this alpha.
So make sure you're following all of them.
And of course, big shout out to SWE.
Make sure you follow that account.
Go in and check them out.
And with that, I'm going to close it out.
I'm going to go cry about that for a little bit.
All right, everyone, take care.
We'll see you guys in the next space.
Congratulations. Thank you.