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Good Day Bitcoin: Crypto and Market News
Recorded: Dec. 9, 2025 Duration: 1:23:49Space Recording
Short Summary
In a dynamic crypto market, Bitcoin holds strong at $90K while the global market cap reaches $3.08 trillion. Anticipation builds around the Fed's rate decision, with signs of potential altcoin growth and institutional interest shaping the landscape.
Full Transcription
Thank you. Thank you. Thank you. Good morning. Welcome to Good Day Bitcoin.
We are back.
Currently, Bitcoin is sitting at $90,532. ETH sitting at $3,120. And Solana, $132.61
currently right now at this time. Good morning. It is the 9th of December. 9.02 a.m. Eastern.
And it's Tuesday. It's time to buckle up.
Man, did I say time to buckle up yesterday? I hope not. I did, I think.
I won't say that again.
No food in 38 hours. I'm not counting.
I'm not counting. I'm not counting.
It's a good one.
We have the crypto market cap, global crypto market cap, sitting at $3.08 trillion.
That is down 1.3% since this time yesterday.
Fear and greed index did tick up a few numbers.
Now at Miente ycinco. Hottle,
how did I do?
It's pretty good.
Pretty good. Okay.
Let me
set my mic. It didn't
connect.
Oh, now we're losing you.
There we are.
There we are.
We're back. Good morning, Hottle. There we are. There we are. We're back.
Good morning, Hoddle.
GM, Tom, I'll make sure you don't say that word again.
I won't repeat it, but I think you repeated it.
I did.
I already forgot what it was, though.
I don't know what you're talking about.
Yeah, yeah, yeah.
I don't know what you're talking about.
Yeah, hopefully it doesn't happen again, i apologize for that no need to apologize but yeah
if you would have said it again i would have remembered yeah what are you talking about tom
why are you apologizing i don't even know i don't know that's crazy i have some i have some charm
in here to blow my nose i have a runny nose. Is that part of the fast? This just in.
Breaking news.
No, but seriously, yeah, I won't stop running.
They're trying to, I've been running also.
But we are back and we're going to do it again.
Currently, Bitcoin is holding that 90K number.
Bitcoin is holding that 90K number.
Market's kind of frozen, waiting for this Fed rate decision tomorrow.
The big signal is what they're calling it.
Seeing some indicators across a few different charts, kind of leaning in to green signals
a little bit. The 24-hour percentages in the top
100 are mainly red, though. The seven-day percentages are mainly green.
So that will be interesting to see. The average crypto RSI sitting right in the middle, right under 48,
not oversold, not overbought. And the ETF inflows were out. They weren't in. They were out
yesterday. Not like panic mode out, but they were out for sure by a little margin.
I think it was like 60 million or something net negative outflows for Bitcoin ETFs yesterday, I believe.
Yes, that is confirmed.
But it does look like maybe traders are starting to rotate into some alts.
Maybe.
There is a 23% chance of an alt season before 2026 of April,
2026,
according to myriad.
How close do you think that is, Hoddle?
23%?
That's low, man.
And there's...
I mean, we're talking a long time frame here.
I don't know.
That might be...
That might be actually...
No, this before April 2026.
Oh, so you're giving. That's a long time.
Dude, that is a long time. But if you think about it, that is about close to when
things should start to heat up next year. Very close to that May, June timeframe.
Taxes are all very close to a couple dates and then once stuff like that happens we have the um
the election the midterms right towards the end of next year november time frame
so yeah i mean and then also i did see doge like I was looking at the Doge chart and obviously like I'm thinking there's going to be a pretty decent size spike there. breakdown, which would take us to the ramp off runway, in my opinion, puts us right around that
timeframe. I ran a few different tests, I will say. And the date it gave me three different
times within four days was within one week of Taylor Swift's wedding.
That's true. That is true.
So I don't know, man, maybe that predictor, it was onto something, man.
This is going to be a thing. The bids are coming in. The bids are coming in. They better keep it
in the States. We're not going to talk about this all year. We're not going to talk about
this all next year. We are. Red lipstick is hot right now. And it has been for a long time.
That is not up to me. That is not up to you. Winter is here. There's a 6% chance crypto winter is coming.
That is what the internet tells us today.
And 13% chance Santa is going to bring us a rally.
Well, shit.
What does that even mean, man?
According to the website that controls the bets and makes the bets, that decides on the bet that wins is going to tell you after said bet what this means.
And then a 25% chance there's going to be a $2 billion crypto liquidation day by the end of this month.
Hoddle, do you think that is true?
That is a decent opportunity for a huge liquidation.
25% chance.
No, I don't think that's true.
Do you?
I'm not taking that chance.
I'm not taking that chance.
Why would you even want to bet that only for a 25?
Dude, that's not even really good odds, man.
Why would you want to put that on yourself and everybody else?
I don't know.
These predictor markets are getting interesting, man.
They're getting annoying.
They're getting annoyingly interesting.
What happened to the Binance one?
Oh, I have some Binance in here too.
A little bit, but no, the Binance prediction market thing,
I haven't heard anything about it since I saw it that one day in the news
when they were hammering.
I think it's out there.
I think it's out there.
It's just not popular yet.
They haven't farmed it enough. You know, I don't think it was ever popular. And that was,
and those stats were completely fabricated. It was completely fab. Oh, I remember. I know which
one you're talking about. Yep. Those stats. And you're right. Those stats were 100% fabricated.
We all knew that then when we were talking about it. It was very obvious. There is not going to be some leader that pops up out of nowhere that nobody's ever heard of that has one and a half times the trading power that the lead or has and nobody's heard about it.
Come on. Like one or two of us were like, oh, I think I've heard of that.
And I had heard of it because I look at the stuff all the time.
So even if it's not significant, I maybe have seen it.
So that doesn't mean anything.
But if it's a volume leader and pushing for the actual market share leader in a category,
and it's not being seen at all by anybody or on the timeline,
it's obvious.
I mean, it's just obvious.
Some of these, this would have got really cool and interesting over time,
but unfortunately, with house betting and that stuff that I was talking about last time, it ruins it.
It ruins it. All the easy bets get taken away, and every bet becomes smaller chance of actual winning significantly.
of actual winning significantly.
So the margins of victory are bigger
and the chances of loss are more.
Wait, margins of victory are bigger.
That's not true.
You're winning less.
So the amount you can win is less,
but you're going to lose more.
So not only, it's downtown, it's not good.
Either way you look at it.
In no situation, and I am actually, I have been in the sportsbook game and in the betting game for a very, very long time.
And I'm just telling you, based on principles and structure,
this recipe leads to disaster in every situation.
And it is very serious
and it is being just overlooked by everybody.
Everybody thinks that this is all okay
and it's not a big deal.
Very big deal, not okay.
And it just leads to more losses for people trying to spin up a bag pretty quickly.
And that's okay.
That's going to happen.
That's going to happen.
We have this rate cut that's highly expected coming in tomorrow.
That's going to be helped by the softer labor data. And
honestly, it's like weak consumer sentiment across the market. It's not just crypto, it's
everything. There's foreclosures hiking up. There's that ratio of the amount of money each person 18 years or older is in debt
has grown like 20% in the last two months since I last said that number.
How is that possible? Well, I'll tell you, we're getting closer to the holidays,
closer to the end of the year. And problems like that only get worse. They're not going to get
better because that's just how usually the year ends. Be safe out there. Be safe out there. A
lot of layoffs. If you have a job, you're lucky to have a job. Stay positive, do the right thing,
and stuff works out in the right way. Stuff will work itself out. So
don't be freaking out. Just work harder. If there's something you need to do, just work a
little bit harder. It's all good. Some people are freaking out and no point to freak out.
If you need to get you a job or something for a bit, then get you a job or something for a bit.
Yesterday, we were talking about fart coin.
Yesterday, the day before when I brought it up, I think.
Maybe it couldn't be the day before because that was Sunday.
So it was yesterday or Friday.
3% chance of a new fart coin all-time high by the end of the year.
That number is very low.
Yeah, it's not going there
by the end of the year.
Right, but you don't think that there's opportunity
in that number, though?
Like that 3% number?
No, you could trade it and think
that the price is going up, but that it's not.
What was the all-time high? It was over a dollar.
No way. You'd have to see
an entire market correction, right?
Right. Yeah.
It's wild, actually,
that it is 3%
chance
that this can 6x
in 3 weeks? What's the weeks that bitcoin hits all-time high
yeah um compare those i'm not seeing that one yeah but i'll you know what i'm saying like
because that would be an interesting comparison like what does the memetic say what is the what
does the leader say three percent versus you, you know, Bitcoin says, right.
Five percent or one percent.
Like, all right.
Interesting.
Right.
Yeah.
Yeah.
I think these were going to be cool to look at over time.
But now that everything is just so accurate, this turns into like actual data that people are going to follow.
Especially towards election time.
And that's what the worrying part of this whole thing is.
When you can skew just narratives and change how people think based on data, when you control
the data, and nobody thinks this is crazy or dangerous.
That is insane.
That's insane.
What happens when you have two candidates close in a race and a big corporation is trying to decide who they're going to give a lot of money to?
And they need to be right. They need to be right.
They can't give it to the wrong person because the right person needs to be in there to help them.
So they're lobbying for position in whatever they need position in, right? And then they have this
prediction market telling them that this person is now in the lead by community sentiment by a large margin.
What do you think that could do?
That's very dangerous.
That is, this turns into the most dangerous weapon we've ever seen.
The prediction market.
That's crazy.
Very, I mean, I don't know.
I spent too much time diving into this.
Maybe not too much time,
but learned a lot about this prediction market stuff
over the weekend, for sure.
25,000 Bitcoin left exchanges over the last few weeks. ETFs, corporate treasuries are now holding more Bitcoin than the exchanges.
That's like the free float, right? It's like going down and down and down.
the free float, right?
It's like going down
and down and down.
Good morning, Speed. How are you doing, man? We haven't heard from you
today. Good morning, Speed.
Morning.
How are you doing, man?
Doing good.
Too bad. Too bad. We're looking for some
volatility here tomorrow.
It's been a nice consolidation
pattern, trying to work our
way over this 20 EMA. And we'll see. I think you're going to get the cut. And then the market's
expecting a hawkish tone from the press conference and probably a signal that they're going to be
unwilling to cut again at the next meeting. Just remember that's the exact same thing they did last month.
And guess what?
They're cutting again.
So the big data will be out the following week
when we get all of the actual reports of all of this economic data
that's been delayed, which is the following week.
So it'll be interesting to see how the
market reacts. I think, you know, market's still kind of on standstill. NVIDIA, they came out
yesterday, said China, they're going to be allowed to sell their H200 chips into China, and NVIDIA
is only up a buck pre-market. So it just shows you that the market's still waiting for some kind of some excitement.
Santa Rally, by the way, is the last three trading days of the year and the first two trading days
of the next year. So Santa Rally is not December. It's not, you know, it's very distinct period of
time. And on average, I think the equities are up like one and a half percent, something like
that in those five trading days. So that's the technical term for Santa Rally. It's actually
after Christmas that that occurs. 13% chance Santa Rally this year. Thank you, Speed. And right now, liquidity very thin.
We have BTC perps, OI down like 44%, 43%.
ETH, OI down like 50%.
Both those numbers since October.
Retail is gone.
If you look at the Google searches for crypto, we're talking bear market levels here.
And Bitcoin's still holding 90K pretty strong.
Maybe, I don't know, maybe that 88K for Bitcoin was the new 16K Bitcoin, like they were saying.
Maybe, I don't know. Looks like some sort of weird push here
where retail is leaving,
prices are still holding,
and the whales are still buying.
I think
I agree with you about
I think Powell is going to be hawkish here
and he's going to lean towards like fewer future cuts and what, what? So Bitcoin's going to go
test 88 again. And, and I don't know. I think mainly CHOP is what I would say, just like yesterday till the end of the year.
And that negative Bitcoin days compared to positive Bitcoin days, remember that number
that we brought up yesterday?
The number for negative days has already hit.
So maybe not as many negative days, but not like huge positive days, like little steps in the right direction.
But I still am going to stick to what my thought was, was that that 100K has to be tested, has to be tested.
I'm not seeing a situation where that doesn't happen. But Trump is making it very
clear that the next Fed chair must cut rates immediately. So this is something they are going
to be sitting on for, I don't know, When's the next Fed chair going to come in?
I mean, there's percentages in the spring, right?
It's going to it's going to announce soon.
But they the you know, the funniest thing that Powell could actually do to the next Fed chair to screw him over and make Trump upset with him right away, which he will is is is is Paul cuts again in January.
And and he basically like drops the rates as low as they possibly could go.
And then the new Fed chair comes in and inflation is still hot.
And now they're having to discuss raising interest rates.
That's Powell getting back for Trump for pulling out that paper in the Federal Reserve building back in the day when they were walking through that renovation.
He's like, okay, I'm going to get him back.
I like that take.
I think that's very possible.
Very possible.
Is there a chance that these guys are drinking whiskey and
smoking a cigar in in in the cigar room right you know how much politicians got to drink so much
i mean my god i mean just think think of the stress of that job they're drinking heavily
yeah i mean they have to be we see it in the movies it's the easiest job in the world you
just go up you'll say a couple lies,
you know, then you go have your steak
dinner with your donors.
It's a great gig, you know?
Yeah, they're so narcissistic, they don't give a fuck
about nothing. Trump goes to sleep like
a fucking baby every night, dude.
Trump doesn't sleep. That's the crazy thing.
He's got the disorder.
He sleeps four hours, you know? He's a night owl.
Yeah, whatever.
Finish the bite, Nico.
He sleeps like a baby.
What?
Finish the bite.
You got like sausage biscuit in your mouth or something.
Oh, no, I got interrupted.
But Trump could drop a fucking...
He's in New York.
He doesn't have a sausage biscuit.
He's got a bacon, egg, and cheese, if anything.
Something like that, yeah.
Salt, pepper, ketchup.
Something like that.
I don't even know what a sausage biscuit is.
Yo, Tom, you sound a little sick.
I told you not to fucking share those joints in Miami.
Then, listen, I'm hearing that you caught something because you came back and all of a sudden you're not eating until you get to $100,000.
So I'm guessing you caught something that, like, look, I'm not even going to say it out loud, but damn it, Tom, what the fuck?
Nobody's got AIDS.
No, not AIDS. I'm talking about syphilis.
That fucks with your head. Now he don't want to eat.
I've been here, man. I didn't go to Miami.
I did not go. I've been here.
Oh. So then what's going to happen to you, bro?
That's what my coffee cup says.
And nothing.
It's time to level up, dude.
It's time to get to the next level.
And yeah, dude, day one and a half is over now almost.
No, not almost.
It is for sure.
Did you try the goddamn coffee, bro?
Yeah, no, I am having a black coffee right now.
Yeah.
The first two days when I fast, I allow myself a black coffee in the morning, and then it's just water.
You can actually fast with that coffee that I sent you.
The coffee, it's just that you can do it black.
You don't have to do it the way they, like, with the sugar and milk.
But really, it's just the way it's done.
It's just the little machine that spins it, and it makes it into, like, a...
It's a little frothy, but it's a Greek coffee.
It's a Greek frappe.
Okay.
So it's actually what we...
Yo, that sounds not manly at all, bro.
Don't be drinking no fucking Greek frappes on your fast.
No, no, no.
Greek.
Not grape.
Greek.
B-R-E-E-K.
Don't dip your sausage biscuit in ketchup anymore.
Bitcoin is inside a tight descending channel.
We have sellers still in control. The downside area for risk, in my opinion, is going to be
like $76,000, $77,000. If that were to happen, I'm not saying that's going to happen. I'm just saying that that is major support if we were to lose the structure that we currently have right now, which some say could happen for sure.
Fear and greed index currently is at 25.
The seven-day average is 23. The 30-day average is 19.
So that is historically a bottoming zone. And what those numbers I just said
And what those numbers I just said are numbers I watch and keep track of.
Bitcoin ETFs, as I said, kind of flat yesterday.
We'll see a negative.
I see there's actually a ETH Bitcoin um for altcoin season and it flashed that 2017 signal
again the one it flashed in 2017 what's the actual signal i know that there there's a lot of
different eth bitcoin well it just it broke the chart there was a downtrend for several months i
think it was like three three months maybe four months for the eth bitcoin chart and the downtrend
is broken and currently it does look like maybe it leans out to the right and maybe it gets some steam very possible so you're saying that that eth is
going to go up against bitcoin is that what you're saying i'm not saying that's gonna happen i'm
saying that that usually does lead to a stronger altcoin boom and in, when the chart looks how it looks now, and this happened, said thing did
happen. So I'm not saying that's going to happen, but it does look like it does seem like altcoins
maybe are seeing a close to a bottoming structure and big money does seem like
it's starting to rotate in,
in my opinion.
That's what I was saying.
all right,
we got Christmas coming up and I don't like,
I don't know what,
how much time it takes for a Vitalik to fucking snort or do whatever the fuck
he does with his meth
but he's gonna start dumping yeah he's gonna start dumping soon he dumps in the hundreds
of millions every time so it's coming so this um this eth bitcoin the macd reversal pattern
it's it's got this massive like four-year falling wedge on this thing.
Just saying, keep an eye on this.
This could be big.
I mean, everything, everything takes off
if this thing decides to lean out just a little bit.
It's just these, I like like historical signals i like signals that are
going to be pretty heavy they've they've been around for seven eight years that is that's gonna
be like a good signal i'd like to add if it's something i've seen the last year and a half
that's not a signal that's some that just somebody came up with so while i do agree
with you i kind of don't because it's not enough time with some of these singles like yeah it'll
be right a couple of times and then it will be wrong and it will be wrong big and it'll catch
everybody off guard because seven eight years really isn't enough time we're looking at historical
data people are going back to when the dow jones started getting
recorded i think was in the was prior to the 20s i think i'm not sure when they started recording
the s p 500 but yeah like if you're the bitcoin charts and the bitcoin data like it kind of this
cycle it kind of screwed everybody and then to top it off everybody was looking at gold i don't know
if you remember this but in 2021 all the gold people were expecting gold to do something and bitcoin did something
now we're seeing the reverse cycle so uh i don't know what's gonna happen i'll be honest with you
i really feel like we're gonna be skipping cycles between commodities like gold and silver is gonna
have its cycle and then bitcoin is gonna have its cycle we might end up in eight year cycles or something for all and all yeah i think the the
cycle time frame we're going to lean away from that over the next few years have to break off
of that and it's going to take um a lot for that to happen we've seen it this year what we've seen
is that breakaway mike uh what would you have i was was just going to ask Nico if he's one of those guys
that makes all his money on the downside.
It just seems like it.
Somewhat.
Is he in a bad mood?
No, no, I'm not in a bad mood.
But I do.
Actually, there's a lot more money on the downside
than there is on the upside.
I'll be fair here.
I made a lot more money during the bear.
Well, no, it was about even bear and bull but
this time around i think i'll make more during the bear than i would during this bull for me
it's tough to say actually it's tough to say like that like i'm did better in a bear or in a bull
because the bear and the bull is hard to distinguish like what time frames like
it's it could be anything you know where have you been i've been at the bull
okay well where is that oh look look at look at historically who they talk about and who made a
lot of money michael burry jordan belford these guys all made money from shorting i'm not even
shorting i'm trading other shit to the upside.
I thought Jordan Belfort made his money from IPOs and stuff and scamming.
He did.
Oh, he did?
All right.
But the other one, Michael Burry, he shorted everything.
I thought Jordan Belfort shorted everything with Michael Burry.
Just once.
He was right once.
He was right once.
Yeah, but he became a bully.
He's been wrong a lot, though.
Yeah, but that's when he made all his money. I know. That's all it takes. You were, bad brothers. All you got to do is be right once yeah but he's been wrong a lot though yeah but he became that's what i can be
right money you know i know that's all it takes you were bad brothers all you gotta do is be right
once remember bad brothers before you bought your own b back we were right buying but then we weren't
right uh when selling you know bad brothers what were you right on real good before you
bought your own b back that time like you hit real good on something like six figs um i was good i'm not six
figs i think at the top i had like 60 70k maybe but okay okay i remember it was a good hit yeah
i hit on um ai 16z was a big one yep um because i bought when it like did to 200 million that went
to a billion and then it's other token eliza or
something like that but that that one i was up 100k on at one point but then like shaw did that
fuckery where he launched his own and i think i ended up getting like 20k out of that or something
like that or like 40k or something but yeah uh those two i did hit big on isn't that crazy that
it's tough to remember the big win and you're're like, I wish I was right every once in a while.
But it's easy to remember where you were kicked in the nuts and what time it was.
Isn't that crazy?
Yeah, that's a normal thing.
I still remember the first nut kick ever.
The first actual physical time.
I do too.
I was on a boat and my sister kicked me from reverse from behind
Right did you in between my legs? Oh, yeah, that's a bad one. Did you lose your Bitcoin?
No, I lost a girl my my lunch
Call their bitch and she just fucking you could
Football kick my head. You could have just said you lost your Bitcoin wallet and got in the way with taxes
But anyway, I gave you that opportunity. It would have been recorded and everything i gave you that opportunity tom i tried to see oh i've
lost wallets and all that yeah in the past but that's been been logged and all that almost
some of us are still trying to find seed phrases out here
so i get yo i got three laptops i'm gonna be i'm gonna be frank with you guys i don't remember if
one of them was mining bitcoin or not back in like if you're gonna be frank in 2013 who's gonna be
nico i want to get rid of the whatever i want to get rid of the laptops but i'm afraid if i sell
them some asshole's gonna fucking restore it and find some bitcoin in it so and i'm like i don't
want to sit here and do repairs on laptops
man i think that's fucking annoying so i don't know what to do with these laptops
remove the hard drive just burn them man light them on fire it'll look just like a regular thing
in new york just start a fire like everybody else in the street find me a trash can you you can't
you really you're not allowed
i there's some weird law like in your local garbage probably not the public garbage but still
you're low you're not allowed to throw like printers and laptops or anything like that out
in the garbage there has to be trouble that yeah there's a special collection day for that i don't
i don't even know why i dropped mine off at those places where you can go and smash everything they'll take anything
lcds tvs for free usually so that's a pro tip right there oh we got the scrap metal guys but
like the ac i could take two brothers metal actually is it two brothers there's a scrap
metal place that i used to be neighbors with when I had my shop in Long Island City.
Two Brothers, one scrap yard.
It's like one of those local commercials
that always had on for Two Brothers scrap metal.
I remember that on Long Island.
Seeing another breakout signal here.
signal here that Russell 2000 breakout
That Russell 2000 breakout.
my top 50 but it's it's on my list I'll say that I'm just saying it's this is another indicator
this um what is that 32 out of 100.
Flashing green.
Maybe close.
Maybe close.
I just...
I don't know.
Looks like the two previous times
this indicator popped up,
2017 altcoin boom,
2021 altcoin boom This is true
Maybe that's meaning potential altcoin season
2026
Looks like the timeline on this
Sig is
4-6 months
That's about right man
That's crazy dude
How come a lot of these signals...
Anybody else lose time?
Like the same time zone.
Yeah, you're going in and out, Tom.
Yeah, no, I just got a call twice in a row.
People, it's...
But anyways,
potential altcoin season 2026.
That's what this indicator means.
The last two times it was right.
The last two times this signal flashed
was the last two altcoin booms.
Two for two.
That's not bad for a signal.
Tom, did you hear Kevin O'Leary?
He said those are all poo-poo coins
and they're not coming.
That makes me feel better about it.
I do really like Kevin O'Leary, though. i do really like kevin o'leary though
i do really like him i wouldn't be surprised now i'm not saying it's gonna happen but i've
seen it happen fucking bad brothers if you remember we had a little nft run like at least
the on-chain monkeys did totally around santa col season if you remember we there was there
was one time bear market started and we were making money hand over fist hey yo hold up hold up hold up are you an on-chain monkey nico i was oh it all makes
fucking sense now bro holy shit i don't even know who's talking it's always ocm holy shit bro
guaranteed guaranteed thank you very much that's all yeah all right listen uh
it ain't got nothing that got nothing to do with me i'm definitely from new york and everything
you're gonna hear out of me is a new york thing it's not an ocm thing so yeah like as much as you
want to call it ocm it's all coming it all came out of a new york fucking cab so i don't know
where the fuck you're coming from but anyway i wouldn't be
surprised if we have an nft run for some reason on chain monkey just had this weird run and a
couple of others there was like these little artist collections that were coming out like
some of them were open edition some of them were only 100 pieces or whatever but there was a lot
going on at that time like right when the bear started there was art actually i don't know if
that's gonna happen this time around, though.
We'll let you know when it's going to happen.
How about that?
I'm sure you'll let us know when it's over, though.
The this Russell 2000 breakout indicator I was talking about the last two times.
So I was just looking into this for a moment more while while Frank was talking about. The last two times, I was just looking into this for a moment more
while Frank was talking, but the last two times we saw this signal, which is a powerful signal,
I agree two for two, that's great. But the market strength internally this time,
Internally, this time, far less, like way weaker, way weaker.
So I'm not saying that this is for sure going to send us off.
I'm just saying that this is just another indicator that's saying like maybe, possibly, the market's trying to turn around.
And that's just all. I'm just going to bring up indicators and things and paint a picture,
and you can decide what you're going to do with said picture.
But I did see some Japan new rules on crypto exchanges.
I saw the Cardano dump with the whole Binance thing,
and they're talking about different
binance wallets dumping cardano
cardano was launching that new chain today um that's right and then they had the midnight
they had the midnight token stuff all in the news the last three days wait what new chain
i thought they were trying to be a land too they're not launching the main i was watching
they're launching the main in january it launching the main end in january
but the coins releasing today so i'll explain because i looked into it a couple weeks ago it's
like some privacy protocol thing but the token that you would buy today isn't actually the privacy
coin you have to hold that coin and then if you hold that coin you get yield in the privacy coin
and that privacy coin is the privacy one but then there was something else i don't know it's stupid this sounds like a potato farm bro
this literally sounds like a potato farm
what's the coin called bad brothers um so what is it midnight is the? Midnight is the, I forget, Midnight is the chain, and then.
I thought Midnight was the coin that we got for staking.
No, Midnight is the chain, Knight is the one for staking,
and then I want to say they call.
Right, Knight, yeah.
Well, that's for sure.
But let me double check.
It might be called Dust.
Wait, Tom, are you one of those Cardano guys?
No, I'm not a cardano guy like you
know i have cardano though well dude i mean i have a lot of this stuff like uh i have a i mean i want
to say like out of the top 30 i have half of it so yeah i mean yeah i have i have cardano but i'm
not like a cardano bull or I don't talk about Cardano.
Look, is this chain going to be the L2 on Bitcoin?
Is that what's going on over here?
And they decided to name it, all these crazy names, Midnight Night.
Well, it's supposed to be like a side chain, basically, and then it's supposed to be, yeah, okay, there's dust.
And it's supposed to be...
What do you mean there's dust? to be yeah okay it is dust um and it's supposed to be um dust is the privacy component that you
get of the yield for um night and then night is supposed to be right now it's only on cardano but
it's supposed to be multi-chain in terms of uh you can get it on um you know some l2 or something
on bitcoin on ease on bsc um, Solana, like that's their strategy
or whatever. But first, it's going to be on Cardano. Again, just giving you guys the info,
I'm not a supporter of it. I say if you want privacy, just use Monero, but you know.
Yeah, I seriously think this is for money laundering, Bad Brothers. I think that if
it's for anything, what he doing because he's he's connected with
certain governments around the world it's not like if this is all sort of that they could money
lunder their own money and they're gonna trap whoever else in the meantime nah i ain't touching
this like yeah i don't trust hoskinson with anything dude he's got all the hot girls
all the hot girls he he has he has all the he took all the salon of girls he took all the
the bitcoin cash girls withers used to be a bitcoin cash girl if i stole like if i embezzled
or stole like 30 billion dollars i would have all the hot girls too what are you talking about here
no like are you serious yeah no he he i mean dude like have you ever have you ever had a conversation
with hoskinson i can't like you know he talks in nothing but acronyms it's a i don't even
understand what the he's saying 95 of the time because he uses so many acronyms that they
interchange between the computer science and the business world and the real world too so it's like
dude i don't know what you're talking about you You're using one acronym that can be used for five different things.
I don't know.
He's a smart guy, but yeah, I mean, when I hear him talk, I start getting a little sleepy.
It is kind of tough. finance for Cardano surged pretty quickly to the point where it was one of the largest
daily increases across all altcoins this year.
And I think we're going to see a few things about this over the next few days.
This coin, Cardano, we're going to start seeing Cardano a little bit more over the
next week or two. We'll see. But it does seem like the plant and the seed is there. And just from
what I'm looking at, they're trying really hard to get this put out here. It's a liquidity hunt, right?
They're, they're looking for liquidity. You have a market maker set up. You have a few different
coins. It's smart. I don't think it's like this thing to hide, whatever. It's just a Ponzi.
Yeah, of course. So is everything else. You know, when you know when when um people talk about all coins
the internet thinks the altcoin is anything but bitcoin right so yeah these are all altcoins
the internet doesn't know the difference between Bitcoin and Pepe.
They wouldn't even... Well, no, I'm just saying, literally, anything is an altcoin if it's not Bitcoin.
Period.
And if you ask and look deep enough, that's what you will come up with.
I promise.
Yeah.
I also agree, even though I still call it a cryptocurrency, Bitcoin, I agree that it's not.
It's Bitcoin.
I agree.
Like the best example I can give, just from the advertising, I'm going to tell you right now,
Monad is going to go to zero.
Monad is where everything starts at zero.
Like why would you try and take Bitcoin's place?
That's Bitcoin.
Bitcoin is the Monad, not you.
Like just from the advertising i
said i think it's going to go to zero straight up and down so whatever i'm going to go ahead and
trying to replace bitcoin it's more so trying to replace isa if anything yeah it is and i i agree
with that and did y'all see the netflix metamask? They're trying to... No, I didn't.
Dude, it's a rumor.
It's a rumor.
It's a rumor.
I've went too deep into this.
False.
No evidence.
I've looked.
I've spent an hour on this this morning.
False.
I'm going to go ahead and say that.
But I don't know what you're talking about.
You mentioned it, and nobody knows what the fuck you're talking about.
They do.
Yes, they do. You just got on the internet, and you haven't looked around.
You'll see this today.
The Netflix MetaMask ETH subscriptions.
That exact wording you will see several times.
Oh, that sounds like a scam.
That sounds like it's a rumor.
Come on.
Netflix would never do that.
They're in the middle of trying to buy Warner Brothers.
If they do that, that's going to cause the controversy middle of trying to buy Warner Brothers. If they do that,
that's going to cause the controversy. They need to buy Warner Brothers right now. I don't know.
They're all in the news, man. They got the Diddy.
They got the Diddy documentary.
Paramount came out and put $108 million
towards it, so now Netflix
has to bring up more money. It's just
going to be a bidding war. I will continue
to pirate all of my shit. I will never
pay for anything ever again. Have fun with your
corporate nonsense. Oh, yeah.
No, I understand what you're saying about the pirating,
but you just don't want Paramount to
buy Netflix. It's just going to be a super
corporate show. Hold on, Nico.
Hold on.
Witters has her hand up.
Sorry, I was
doing other shit. Wake up! I am. Okay, sorry i was um doing another show wake up
uh i am okay so i came up here to discredit tom's misinformation about myself um i was never
a bitcoin cash uh connoisseur um and then secondly larry ellison will own every single solitary like media platform
that exists um so yeah they'll get netflix they'll get all the other shit and y'all just need to sit
down and just open your little mouths and just receive ellison's like math we are sitting down
i didn't even go there my problem is that fucking time i'm like buying everything i have my pirate Steve Ellison's like math we are sitting down
I have my pirate hat on right now winners and I'm just giving you a thumbs up like mm-hmm
Bitcoin cash She used to say I'm a bit I like bitcoins Bitcoin as I can turn into cash, right?
I think that's what...
Yeah, yeah.
No, it's not have to pay taxes.
No, we don't do that.
You said the word.
We're definitely getting audited now.
That's the second time.
Frank did it earlier.
Michael Saylor just moved a third of his Bitcoin to, what was it, Charles Schw or somewhere else whatever bank it was i forgot what i forgot the name of the bank right
um and i was telling a friend of mine it looks like his name is going to turn into michael
seller seller s-e-l-l-e-r um because he's going to take loans out heidelity Omnibus, and he did that because it is structured in a manner that...
But I'm giving you some...
I'm telling you what to do with your Bitcoin so you don't sell it and pay taxes.
Just do what Michael Saylor is doing.
Have a bank custody it and take a loan out against it.
That's it.
You should never have anybody custody your fucking Bitcoin.
Are you smoking crap?
If you want a loan.
He's an OCM.
He's an OCM, Witters.
If you need a loan on your Bitcoin.
If you need a loan.
It's because it's OCM.
Hold on.
If you need a loan on your Bitcoin.
Somebody else has to custody it.
Otherwise, it doesn't work that way.
Nico, I want to hear witters say something about
what she was talking about if that's okay so uh what taylor did he uh gave it to fidelity omnibus
what's really interesting about that move is fidelity is private and structured in a way
that other people i don't know know, maybe Blackrock, that
would want to acquire that and further exacerbate his downfall, they can't touch it, nor can
they see it, nor can they have direct access to it.
So not saying anything was malicious on Sailor's part, but
he did a very strategic
move by putting it in
Fidelity Omnibus.
So, like, I don't know
what the fuck you're talking about, Nico, but
that's like what happened
in like... Wait, I thought we weren't supposed
to let anybody custody our Bitcoin.
Now it's a strategic move. What the fuck is
going on here? Bruh. Well, no, Sailor doesn't believe in that because he's a bitch yeah but you gotta
understand seller did that seller i'm gonna that's his name now stellar did that because he needs
some he's gonna need cash in about two years so he just did that just to hold it there listen i'm
gonna need everyone to just if you don't know what you're talking about just keep
your mouth closed no i know exactly what i'm talking about because he can do whatever he
wants as you said it's private if he wants to get take a loan out it's a private loan
even though he's a public company he doesn't have to report anything well he does technically
but if it's private like that with those shadow loans and all that, you do realize that one of the biggest problems that we have is all of the loans that nobody knows who owes who.
And there's like all these β like, yeah, no, you've heard of these.
So I don't know.
Like, I don't know what you're talking about here.
You don't know what's going to happen with that Bitcoin.
It's being custody by Fidelity. I bet none of y'all thought the eldest son of a Malaysian billionaire king would launch a stablecoin this year.
I bet none of y'all would thought that.
You know what? I'm not surprised, though.
I never would have thought that. You're right, but I'm not surprised.
Yeah, well, leveraging royalty is brilliant right we got a regional stablecoin dominance coming in here
this i'm i'm very interested in this actually because what happens here is important huh do they do the what's making a stable
what do you mean is it their gold like the king's gold supply is making a stable
it's backed it's fully backed by Malaysian ringgit
uh it's gonna run on a layer one blockchain stable dollar like as a dollar coin like is it
is it pegged to the dollar or is it pegged to their money because you said it's a stable
but i don't know if it's pegged to the dollar i don't know what it's pegged to to be honest
so i'm not going to say it because i don't know. But I do know that they are going to focus on
looks like cross-border integrations.
So, especially with China.
And that was highlighted.
So, Asia Pacific.
This is where it's going to be.
That's crazy, man. that's wild dude everybody wanted this bigger and better mainstream well you got it
Tommy book right to get to Malaysia no no I like it I like it where I'm at
I can think other places are beautiful and want to go other places and go to
places and stay where I am I like to see other stuff but then just come back
i want to end up back
wait so have you ever been to asia at all yes okay all right yeah i've done some travel i've never
been but i want to go and i know that i gotta watch i have
a friend there that i don't trust her she's married i'm not like that but i don't trust
her because i know that she's gonna try and feed me live food like i don't know if you know about
that but they eat live food so i know she's gonna take me what does that mean places so like i
forgot what it is like live squid and certain other things Live bro like it's kind of like
A lot like this squid will be squirming in your
Fucking mouth
Make me some fried galamari you know
Yeah I'll go for the fried galamari myself don't worry
Or like grilled or whatever the fuck
Usually we like to cook our shit but whatever
Shiba Inu
Y'all know I watched the Shiba Inu and Doge and a couple of these other bigger old alt charts just to kind of use information.
We have 406 whale transactions over $100,000 in the last 24 hours.
That's the highest since June 6th.
For Shiba Inu.
That's even more.
Don't they have their own layer 2?
I don't even remember.
But do they?
I think they do.
I don't know.
So I won't say it.
I'm going to follow Witter's advice on that one there.
She just said that a little while ago.
But SHIB, though, these large holders don't usually move like this.
And this is the most large holder movement in six months.
Over one trillion tokens now sitting on exchanges
oh and then i'm seeing like a lot of dude i'm seeing a lot of like two days left four days left
stuff too about shib which is i don't know man i like looking at this stuff if they're counting down
to something that means something's happening bro i like this stuff oh i i like this stuff dude
nothing's going on this that's what i'm saying it's it's it's a it's a seed of information man
it's it's just a plant it's it's near it's battling, man. It's pushing down.
The 50 and 100-day MAs are like major rejection zones for SHIB.
And I don't know.
Short term, though, I don't like seeing huge wallets like this moving to exchanges.
If I had stuff and I was seeing stuff like this, I would not like it, personally. I don't like that. It's not a good thing to see that coordinated movements of big bags to exchanges of a coin that you have bags of, maybe not the best thing, right? But it's still something that i look at um just because it's there could
the could there be otc buys because they're running out of it so they need to buy more
they need to re-up so they otc'd it yeah yeah i mean exactly yeah could be something it could be
it could be anything i don't know it's just indicators that pop up on my on my chart thing how long have you been holding
some of these old coins dude a long time like so so long after so you know legally after seven
years of living with someone you're married right like legally i'm married i'm married man
yeah i get it man i understand and i'm gonna this rule. If you hold any of your bags for more than seven years, you married it.
I'm okay with it, man.
So with me, I've just been around a lot of this stuff.
I've had games on.
I've done well with.
And now I have, you know, stuff.
I just have stuff.
And it's just to see how it goes.
And it's part of a portfolio that I obviously believe in.
But currently, in my opinion, the market,
the big takeaway here at the end of this year
and the first quarter of next year,
I think the internet will decide
and you all will decide
if crypto is going to be the internet bubble.
Is this 1994?
Is this 1995?
Like the rails are ready.
Institutions are entering.
The products are regulated.
So I don't know.
Is this going to be like a huge breakout or is this just going to be like a
dot-com bubble repeat, right?
Like everybody wanted retail. Everybody wanted this to be more popular.
Well, now it's more popular and people are changing their minds like,
Oh shit.
And then I did see a decent
argument over the weekend
that
apparently
maybe
we are
the retail
we are the people
getting dumped on
right like there was a pretty
funny video I watched about
watching a market trade and sell art on chain that on the internet isn't really actually,
it's valuable, but in real life, it's actually not really have a value.
not really have a value. So selling people that are in that market stuff
is like a target audience that a lot of big players find attractive.
You see a market where people are paying a quarter million dollars, $500,000 for a piece of art on the internet.
And you're like, dang, there's customers there.
I mean, there's a market there.
How can we turn this into something that benefits us?
I don't know.
You know, it does seem like the crypto user that's been here is a target audience of products.
What made anybody think otherwise is what I really want to know.
Like, I don't have a billion dollars or a million or, yeah, whatever, for me to not be considered retail.
So, like, I don't know why anybody thought we weren't retail like
one of the biggest selling points on anything because we're in this little bubble on twitter
is pay a kol and mint out a project that's like that's cookie cutter dumb shit you know or like
other you've seen all the scams so what makes you think that we're not these things? I don't, I never thought we weren't.
I'll be honest with you.
Well, I'm just saying like, you know,
people that are collectors and traders that have been around for a while
consider themselves early and on time.
Maybe not necessarily smarter, but at the right place early.
So that earns you a spot in a target audience that gets pitched
products and opportunity. You have to pick products and opportunity correctly, or you can
slowly dwindle out. So I just feel like this is a very interesting market, that's all.
You have big treasuries, big companies, kings, sons, starting stables, and it's just crazy.
I never thought I would see anything like this even being like wishing um
certain things would happen i never thought it would get like this intense like this big
and it's the whole idea of being too early right like actually being too early and then trying to
not believe i mean we believe that narrative i think too early and then the reality is we are
actually early so i think now is when you can actually say that hey it'll be here in the next
five to ten years versus before when we started and let's just say 2016. um i mean we were
prehistoric before early before this was even a concept of reality, you know? Right. Yeah, I agree with that.
Wait, wait.
I have a question.
All right, all right.
I have a question.
This is an example here.
I'm going to give this question as an example also.
Does it have to do with, does it have to do with like what we're talking about right now?
Yes, absolutely.
Because I, okay.
Okay, go ahead.
Absolutely.
So let's just say I said to myself, I was early in 2021 and I bought a board eighth at 25e and it went up to 100 ETH and now it's
what's it sitting at 756 was I early or was it too early that's the question here
well I think it depends zoom out I think you're early to nft as a tech right because we're still
stuck on nfts and attaching it to profile pictures when When you have a clear example of NFT as a tech
fetching millions and millions of dollars
through Kobe's up-only example, right?
Just packaging an NFT as a, literally that,
a token to deem ownership of XYZ,
almost like a immutable contract.
But we're still stuck on NFTss as jpegs and pictures and
stuff and yeah those are a side or an element of it but i think for the the actual tech we're
beyond early i still even think that we're five to ten years early to see what real you know what
i'm saying and then when you go further reaffirmed what i've been saying to people in here for months
that we're too early yeah it's just a combination of the two.
I think where we're at, we're maybe
late in making money off of
this dumb shit, but as a whole
and as a tech and as a space, I think we don't
even know what this stuff will actually
be used for beyond what we've seen today.
I really
like the horse
comparison I made
in comparison to what we're talking about now,
where they can be valued at wide ranges and moved across areas very easily.
And the horse value, it could be a regular horse.
horse value. It could be a regular horse. It could be a show horse. It could be a crazy
It could be a show horse.
like bloodline. It could be maybe it's right. My point is, is this is very similar. And I feel like
a lot of people don't see the opportunity in that. And I think that it will be figured out how this can be kind of
done and used. And I do think that I agree with Chief actually here a lot. And I think that,
yeah, saying we're early, we're early is the most annoying thing to ever hear.
It is past annoying when people say we're so early, right?
But the tech and what we're looking at and what this is and what it could be, yeah, 100% very early.
what it could be, yeah, 100% very early.
But if this leans towards more of a dot-com bubble,
and if the industry, the crypto industry,
can't keep shipping real useful tech
that's faster than speculation
and the mainstream media is going to make this grow then then the
the fallout will lean will be heavier it will lean towards a fallout more than opportunity
so sorry nico i wasn't trying to interrupt go ahead if you had something you were going to say
because chief and you were talking there no i listen everything chief said i've been trying to
like say for months that we're too early number one number two look one of the places where i've
been and i've been wrong so far uh one of the places where i really thought nfts and crypto
would kick off was video games because i'm going to give you the example now.
I played this game on my phone.
People have spent hundreds of thousands of dollars on this game
and there's no NFT attached to it.
Like, and it's a Pokemon card game.
That's all it is.
And the prior game that I played,
people spent in the seven figures on these stupid games
and there was no NFT or anything like that attached.
So, like, the fact of the matter is that people play these gotcha games and they play them in order to play them.
They don't really look at it as a monetary value.
So we haven't had a good enough game to get people to spend that kind of money in NFTs and crypto.
That's where I honestly
thought that's where it's going to start.
Are you kidding me?
We had Axie Infinity.
Yeah, but they're dead now.
These games are still alive. The games that I'm
talking about, one of them is from 2015
and this one's not going to die.
It just got number one
for the year it's the
pokemon tcg card game people wow the pokemon game is number one nico i'm so surprised bro
hold on hold on but the point they were on time magazine on the shelf yesterday i saw
the point i'm trying to make is people are spending hundreds of thousands of dollars and
they're not expecting to make they don't need blockchain for it yeah exactly i would be full sending i would be full sending any any
piece that was like that was higher valued compared to where it was months ago like this
the i would be ripping it all and actually actually, I had a conversation yesterday with Mike
where I was like, dude, I'm going to actually sell a lot of my collection now
because it just seems top-heavy to me.
It just seems like it's everywhere.
I saw it in front of the magazine in Sprouts.
Are you talking about Pokemon cards?
Yes.
Okay, but that's not what I'm saying.
I'm comparing the video game aspect to people spending the money without expecting to make a game.
I know Pokemon was brought up, so I talked about it for a second.
Go ahead.
These are cycles of collectibles.
Like, Pokemon, the age of it, and all that stuff ties into this.
Like, it's not just the game and shit.
I don't know what you're talking about, Mikov.
It's a popularity thing over a period of time.
Exactly.
But the game that I'm talking about, it gained popularity.
It took it a little while.
But the first game, not the Pokemon game.
The game, I think it came out in 2014.
I had videos on it from 2015 on YouTube.
And I'm telling you, the game was big.
Like, it wasn't a small game.
And it's just people spent the money and they didn't care if they were going to get on that.
Because it's Pokemon.
No, that wasn't Pokemon.
That's why it'll never be on crypto because they don't need crypto because people are just going to spend the money.
I'm talking about Summoners War Sky Arena now.
That's the game that I made the videos on 10 years ago.
And I'm telling you that people spent money
and they still do.
It's Pokemon, yes.
This one is Pokemon.
But if the game was good,
they would have spent the money anyway.
They don't care.
You're giving all the reasons why it will never go to crypto.
I'm sorry?
Two of you were talking.
I didn't understand either of you.
I was saying that like those
you know though they have no incentive to move those over to any crypto-based thing because
people are just throwing money at them why would they change their format when they got a format
that works i'm saying that there has to be a good game developer like a really good game
that can sustain itself where people don't just want to play it to make money.
They want to play it to play it.
Have you heard of...
Nico, have you heard of...
Nico, have you heard of Photo Finish on Solana?
It was created by the guy that made the hit stick for Madden.
It's literally horse racing on Solana.
It's been sustainable since 2021, September.
Yeah, that's gambling.
That's a little different.
Oh, I'm sorry.
It's literally... It's a game. You can, I'm sorry. It's literally a game.
You can buy NFT horses.
You can breed the NFT horses.
You can race the NFT horses.
It's literally what you're asking for, and you're saying,
no, it's gambling. I'm sorry. Gotcha is no different
gambling than fucking horse racing.
Shut the fuck up. I'm asking to have four-on-four battles.
No, there's a huge difference.
Oh, I want four-on-four battling.
Here's the thing.'s the thing mike's
already said it but you didn't want to listen these game developers have no incentive to change
anything if they can make millions if not billions right there's the korean companies make billions
of dollars we're not going anywhere that's why we're not going anywhere with this it's not about
we it's about that then then why doesn't the fucking gamer change the way that they do things
right i was talking about pirating earlier because i don't give a shit about uh netflix or who buys We. It's about, then why doesn't the fucking gamer change the way that they do things, right?
I was talking about pirating earlier, because I don't give a shit about Netflix or who buys that, because I'm done with that shit, bro.
Y'all can have your fun.
And there was a time when people did that for gaming, too, when they were just sick of shit.
They're like, I'm going to just pirate this shit. I don't give a fuck what y'all do.
All right.
I'll admit that gamers are thrilled, but if you came out with a good game, if a good game came out that they wanted to play, they don't
give a fuck. They did, and Nico,
I think you'll understand this. With
Gacha Gaming, there's not a lifespan
of forever.
They'll have to have multiple coins, probably,
or different seasons, right?
This is 10 years, bro.
This has gone on for
10 years. It's not the Pokemon. And Gacha is catered
towards a small subset of whales.
Wait, wait, Niko. So they've had 10 years
with an unlimited supply of something, right?
Yes, bro. Because they didn't
limit themselves to we're only going to sell
X, Y, or this, right? This is the
difference in why they'll never come to blockchain.
They need an unlimited thing and they don't
want it to be public. They're just going to print as many as they want,
and that's what the game's about.
Yeah, I mean, it's Port Hottle thing.
I mean, like, Pokemon has two TCG games now.
The one, and, like, I never looked at the first one,
but the first one they released is the ones that,
if you open a Pokemon pack, you get a QR card,
and you can scan and, like, redeem a pack in or whatever, right?
So they have that, and then, like like if they made that an nft let's
say then they open this new card game and it's like oh can i transfer my cards to this one and
it's like why would they want to do that instead of just making you spend fucking money on the new
one so i agree like it's not that i'm i'm not going to disagree with some of the things that
you're saying you you're correct on some of the things that you're saying.
But the point that I'm trying to make is
this space needs to figure out a way to get the gamers,
the real, the diehard gamers in.
Otherwise, I'm not seeing it.
I don't think we need a game, Nico.
Most of the quote-unquote terminally unlieged diehard gamers
are like bitches.
And, like, they hate NFTs.
They hate AI.
They hate anything that involves money.
They think they
should be able to pay 50 for a video game and all the developers should follow everything they say
and if not they bitch and moan like that that's the typical uh gamer that you see on the internet
yeah and nico to huddle's point like to huddle's point um uh like for example Apple lost the battle against people pirating these games.
And now they allow you to download an emulator from their fucking app store.
So you can play all the Pokemon games or any fucking game you want.
Because people that play games, most of the time, they're nostalgic
and they play these old games.
They did
it illegally.
Apple had to step aside and say,
okay, download that shit from my app
store and just do you because people
don't want to pay for this shit.
The other thing that you
got to think, Nico, is like... Oh, but there are whales
that support the games. No, so Nico, you're right. There's whales.
But I feel like most of those games that are gotcha,
they're living off of their whales, right?
Like, they need a handful of those guys to put in a lot of money,
and when they do that, then the game is sustainable.
Those are the only people that matter, bro.
What's that?
Those are the only people that matter.
I don't agree. I don't agree.
And I'll give you another example, bro. Man, you i don't agree i don't agree and i'll give you an
example and i'll give you another example you guys don't play japanese gacha games then all
those games free to play play japanese bro korean nc soft made one billion dollars in micro
transactions off of one game yeah but how all right look i agree with you but why would you
do blockchain i disagree and i disagree with what they said about the whales are the most important players
because there were so many things whales wanted, and I didn't want them myself.
Do you not remember Diablo Immortals?
No, I didn't say that.
Okay, Diablo Immortals was created by Blizzard.
When they came out, they said literally the fastest way of doing this is money.
And everybody was like, cool, here's $100K.
Yeah, yeah, yeah.
That's every single phone game out there.
So here's the thing, Nico. A lot of people don't
want that anymore. So there's a lot of people that are gamers
like, Bad Brothers said it, right? There's a lot
of people who are like, I'm going to spend $70 or
$50, I'm going to get this game, and I'm
going to play 100 hours of this shit.
And I'm going to play it until I'm fucking...
Bro, I'll give you a better example.
Consoles let you play every
fucking game without even paying for their internet subscription
That's how much they're doubling down
On charging people for this shit
As much as you guys
And I'm talking about mainstream games
I'm not talking about games that 2 out of 10 people play
I'm talking about Warzone
I'm talking about Battlefield
I'm talking about Grand Theft Auto All those games you don't need to pay for the internet subscription like you had to do
with the last consoles right no i know you could play more zone on your pc and with an xbox controller
i know this already i like trust me i'm still kind of up to date because i've been out of it for a
while but the point that i'm trying to make here is all right you guys are somewhat
correct but the numbers are against you that that entire industry they're only making more and more
money as much as you're saying and as much as the players are saying they don't want the gacha games
they're still paying they're still making more money they're paying for the consoles and they're
paying for for for the games that keep raising their prices. And, you know, every two or five years, they raise their prices for $15.
I'm talking about the microtransactions.
Like, Pokemon, it was doing...
Nico, you're talking about two different...
Nico, you're talking about two different fractions of gamers, all right?
So there's the gamer that goes out and probably spends, like,
one or two microtransactions because they like a skin that they see, right?
Versus what I think that you're talking about is a gambling gotcha game,
which you every week have to continuously
throw money at something to like spin up.
Oh, no, they give, no, no, okay.
Oh, they give packs every week, right?
I'm sorry.
You're telling me right now,
the whales aren't spending money on a weekly basis.
All right, hold on, hold on.
We're not looking at, Nico,
you're not a whale in these games.
I'm not speaking about you.
I'm not, I'm not.
But I used to figure out free-to-play ways to fight with the whales and beat them, too.
Great.
So you're a poor guy trying to figure out how to be a whale.
So I guarantee you the company has never once thought about you, and all they want to do is figure out ways to hurt you.
They told me I was a white, fat, bald guy.
Straight up and down.
They told me I was a white, fat, bald guy, and they. They told me I was a white fat bull guy and they didn't
want to work for me. So, Nico, I don't know
what this argument is. I'm just trying to tell you
that there's a percentage of us gamers who literally
laugh at you guys who play
digital online card games to
buy the same shit over and over and over again
expecting it like, and then being like,
you NFT bozos are stupid. It's the same
shit. You collect LaBuboos, you collect Pokemon
cards, you collect digital art on the internet.
You're all in the same little fucking Venn diagram circle.
Hold on.
So I actually, if I pay for a game, there's a reason for it.
Okay?
It's not, there's not, there isn't a reason for it.
Me personally.
Now, here's what Hodel's saying.
It's like a type of mobile gamer and all that who pays for the microtransactions and everything.
There's a type of console and PC gamer who hates that stuff and then complains about it online all the time.
And then there's a type of PC and console gamer who plays the game and doesn't care about the microtransactions.
They just don't fucking buy them, which is me and Hodl.
I agree. I don't mind paying microtransactions.
And I don't mind paying for, I don't know, Assassin's Creed
Japan, the game in Japan because, well, Japan's a pretty place.
Oh, damn, they got microtransactions. I like this game. I might buy one.
Yeah, exactly. But if the game isn't fun, then I don't give a fuck. And perfect
example is everything that we've seen for the last years.
When it's not profitable, all these they fucking leave and the game dies because
They don't target real gamers. They just target people who want to make money and want to gamble
That's why these handhold consoles selling for 50 bucks that have 30,000 games of them are selling like hotcakes now because people are tired of those consoles and
because people are tired of those consoles and their microtransactions to be honest
They're microtransactions to be honest
only 16.7 percent of polymarket wallets are in profit and still polymarket wants to
develop a team to trade against said users that percentage will drip and drip and drip down
to 5% to 8% in that profit. 100% win rate accounts,
98% win rate accounts. This will only get worse. Those accounts will become more profitable.
This will only get worse.
Those accounts will become more profitable.
Currently, these said accounts are already being marked as insider trading.
Well, newsflash.
They already said there's going to be insider trading and admitted it.
To me, this is the most interesting thing I've seen in a couple of years.
More interesting than the actual markets just appearing.
Because this will guide market real world data.
Literally, you're being guided.
Real world data is going to be guided and controlled by the prediction markets and the money supply.
Good luck to us.
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Have a good day. Good luck to you. Appreciate everybody that liked and shared the show. Have a good day.
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Huddle.
You're the bad brother.
Build cool shit tonight.
