Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Market Talk- New all time highs soon?! 80k BTC loading?! Trump TACO?!
Recorded: April 1, 2026 Duration: 1:43:52Space Recording
Full Transcription
Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. I'm going to go. Open a limit. Learn how to keep it
Get the door even in the double stakes The throttle open like a flat out of hell
You can crash the gates
Crash the gates
Going for the back of the arm
Nothing gonna stop you, there's nothing that's wrong
welcome Welcome to the limits.
We're taking babies one step more.
Our games still live and so we let the stand. Music Oh, my God. into the damage no one left to stand in your way you might get jealous but you'll never be safe . I Welcome to your limits.
Stand by all the razors and don't look down and just keep your head
Keep your head
Welcome to my life
What is it? What's up, guys?
Hope you're all doing okay.
Happy Wednesday.
Happy Wednesday.
I hope today brings you great joy. If you're here tuning into today's
space, welcome back to Market Talk brought to you by BB. This is Wabi as always. And we're going to
yap about markets, man. It's going to be a volatile Q2 in my opinion. i've gone on record to say that i think we hit all-time highs in the
next year and a half by the end of 2027 but what happens in between who knows um i do think on
chain is is forming a bottom here i'll tell you what um if you go on Dune Analytics and you see the number of active traders on Solana and on Base and on ETH Mainnet, it's been bottomed for a while now, for a long time.
And majors, I mean, there's always a possibility that Bitcoin could make a marginal low.
marginal low. I'm not ruling that out. But we're kind of going through this strange simulation
I'm not ruling that out.
that we went through last year. We now have Trump. I think he's going to have a speech
later today. Evan, correct me if I'm wrong. I think at like 6 p.m. ESC, 630,
right around there, he's going to have a speech. And the last time that a speech like this was so anticipated was Liberation Day.
And at that point, I mean, you could have thrown a dart at anything on chain that was trending.
And it basically went ballistic.
You guys remember we were covering Fortcoin and hype here on spaces with Donnie who
probably makes his return soon to these spaces and you know we're gonna share a ton of alpha
once he's back here on market talk it's gonna be fire and on chain every month has had some sort
of winter and I mean that tells me that should Bitcoin eclipse its yearly open, same thing with ETH, on-chain is going to be absolutely insane in my opinion.
But majors, not much price action outside of crabbing up by like half a percent.
But the equity markets, guys but the equity markets guys the equity
markets is something that we've been discussing here on the show i think more than crypto um
names like sandisk specifically sand is coming back up to the mid-range at almost 700 per share
this thing on monday was trading at 570 now it's back at 700. You're talking about adding tens of billions to a stock and it's trading at over 100 bill.
That's insane volatility, man.
That is insane volatility.
You're talking about a 30 plus percent move.
30 plus percent move so just to put things into perspective here the move that sandisk had
from monday's low is basically the equivalent as if soul which is trading right now at about
83 to 85 dollars depending on what exchange you're looking at and solana just has this insane candle to like 125, 130 bucks.
And I guarantee you, if Solana had an insane move like that from these levels, many people
would just be soy jacking over Solana and things on chain would go ballistic.
And at some point, the volatility, in my opinion, that we're seeing
in stocks is going to come back into crypto. We see things like oil kind of topping out at about
100 bucks. We've been talking about oil since like 60 bucks-ish. Guys like Prometheus and some other chads um i discussed oil at about 70 bucks
most of my thoughts on the markets have happened here on spaces
and they're all recorded and all that stuff so i'd rather just talk markets here on spaces rather
than just like mass tweeting like i used to back in the bull market but when upside volatility does return to these
markets i'm going to go back to posting and charting and all that stuff but right now i think
i'd rather just speak because i mean it's it's not as if we have so many people online looking
at posts i think i think the low amount of activity we see on chain is directly correlated to Twitter. If anyone remembers, if anyone was on the trenches on chain, whether it was on base or on soul, if you were not on X, okay, if you used any other social platform outside of X, or you weren't in some like alpha group that also lives
on X you did not perform on chain at all there was no signal this cycle as far as coinbase listings
or finance listings or any stuff like that I think once Pepe was listed on Coinbase, same thing with
Whiff, they were both listed on Robinhood and Coinbase in the same week. They topped out not
too long after that. So it's not like previous cycles. A Coinbase listing was an auto buy,
right? It was nothing like that at all this cycle. So Twitter is probably your greatest tool on chain as it was last cycle.
And now as I'm framing it now, this cycle.
I think we have to move on from calling the 2021 cycle last cycle and start calling the
late 2022, late 2025 cycle last cycle.
I hope I'm making sense.
I really do.
But it does seem like deja vu, going back to some of my earlier statements, how we're
kind of replicating the same sort of price action that we saw last year as far as equities
that we saw last year as far as equities in crypto um i think the only difference is the volatility
and crypto.
um as far as some stock names i mean look at the scalps that people can catch on sandisk
are absolutely insane same thing with um some of these miners that we've been discussing on the show, like Iron and Nibius.
And also Hood, man.
Same thing with Hood.
That's another name with insane volatility.
You're talking about 10 plus percent in just two days.
And again, it's basically as if Solana were to have a big spike. Some of the
names that we're discussing here in the equity markets, if we were to replicate that on majors
in crypto outside of Bitcoin, people would be posting bull memes and all that stuff,
green laser eyes and all of that. and we're just not seeing that right now
because crypto specific people have now moved on over to the equity markets at least for now and
people want to call crypto dead um until it's not right they always want to call it dead. It's never coming back and all these things.
And before you know it, some huge runner on chain comes in and just shocks people.
And it's probably going to happen on ETH or on Sol.
I don't think it's going to happen on any other L1.
I think the market has chosen its two chains.
Seoul Foundation has a huge amount of runway
to just throw money into a select few tickers every quarter.
And it kind of keeps attention.
That's the only thing that's keeping Solana afloat.
And it is April Fool's Day.
So be mindful of what you see on your timeline in regards to projects and all that stuff.
I know PumpFun made some strange posts talking about a rebrand from Pump.Fun to just dot um a few other things as well so uh just ignore
anything that you see from things that projects tweet today it's probably going to be uh a mad
house but we do have trump speech happening in like an hour and a half or something like that
so today's show is probably going to be a little bit shorter i do want to tune into that and um vaulted is going to be insane you've got
some guys like ghosty thinking that he thinks that the s p can have a gap up to about 6 700
um that's like a little over 100 points from what we closed today at about 100 points from today's
high so that could probably
take bitcoin to the upper range instead of just stiddling in the middle we can probably gap up to
like 70k um but i do think we still have a real possibility of hitting something like 76 to 80k
and if we were to make new lows probably just like some huge vol event where bitcoin draws down by like 20 000
i love bottoms like that um but unfortunately the recent bottoms over the last few years for bitcoin
um haven't really been like that outside of uh outside of those lows that we hit for the yen
carry trade i think that was one of the only times where we've hit major bottoms and continue to make new highs where we just capitulate by like 20,000 or something like that.
Lately, the bottoms have kind of been apathetic.
apathetic it's it's it's been apathy even even these local bottoms that we've hit over the last
It's been apathy.
few months the way we hit 80 000 was apathetic last year in november um the way we grinded down
to 60 000 was a bit apathetic it was kind of like it was a big spike down and then we were kind of
bouncing on the lower time frame and then we just crab downwards to 60k um it wasn't like these
massive massive moves that um that i guess earlier crypto market participants uh were used to um i'm
looking at bitcoin's chart right now the way we bottomed we were trading at like 72 or something like that like 75 72
and wait i'm looking at it right now yeah we were trading in like the the mid 70s or something like
that and then we had 60 000 i think we were on market talk that day and we started to grind down
it was kind of like this slow methodical selling instead of just one candle
that kind of freaks everybody out like uh what happened on october 10th which i think uh that
day is just cemented in crypto history and um since people have kind of figured out what went
on that day cz has kind of just been he's kind of been uh away from the
timeline man he's not really tweeting much it's more retweets than anything um he's not really
talking about prices or anything like that which i mean in my opinion it's just telling me that um
oh trump's speech is actually at 9 p.m. EST. Okay.
But anyways, you'll notice that CZ isn't really discussing much as far as prices or BNB or anything like that, which tells me I think he's just going to get ready for the next crime coin at some point in the next two years from here to the next having.
And if Hyperliquid is going to be that next Solana or Ethereum, whatever it is that you want to call it, the next golden goose, then you bet your ass that CZ is probably going
probably going to load in tens of billions into a product.
to load in tens of billions into a product.
And in my opinion, there is a possibility it could be something like an Aster.
This thing is completely just dead in the water right now.
It's just been ranging for the last like two months.
like two months my only issue would be DFDV with token unlocks and stuff like that but even with
that I think it would be kind of foolish to not think that CZ would not unleash a dark horse in his arsenal and just pump a token um to insane levels and if you guys have
noticed you'll see that every month there's always some strange ticker on binance futures that just
starts to mark up aggressively where most of the price action comes from Binance Futures. And it's usually coins with like zero volume.
Things like Pippin.
There was another one more recently called Siren that went to billions.
That was insane.
I don't think many people caught that.
But it's kind of always the same thing.
These prices are marked up on futures.
up on futures people a select group of people go on chain and they scoop up supply and what happens
A select group of people go on chain and they scoop up supply.
on chain eventually is probably going to happen to things that not only have volume on chain like
an aster but are also listed on some of these centralized exchanges um i think what we saw on Pepe last cycle is a warm-up to what can happen.
And I do think what people call criming when it comes to coins to the upside, I think that's going to happen to this market before Trump leaves office.
I just think it's going to happen a lot sooner than people think.
I'm just not in the camp that we're going to go through
this year-long bear market. I don't think so at all. If Bitcoin, the overall crypto market,
are tied to TradFi in the way that people think, and I mean, just look at the price action between
Meta and Bitcoin. It's very similar up until recently where Meta has just melted down, the way that people think and i mean just look at the price action between meta and bitcoin it's
very similar up until recently where meta has just melted down where bitcoin has remained relatively
in a tight range then one would only assume all right if this is a trump cycle a trump administration
let me see how the s&p has traded during his first term and more recently last year during
his first year in his second term.
You'll notice that things like the S&P and the NASDAQ, whenever they go into downtrends,
they happen very, very, very fast.
A Trump cycle is basically this.
I'm going to make you extremely poor in a quick period of time, and then I'm going to
make you super rich in the
following two to three quarters and then make you super poor in the next quarter and then make you
rich beyond your wildest imaginations in two to three quarters. That's essentially how a Trump
cycle has played out. If you just take a look at how, again, how the S&P and the Nasdaq traded
during his first term and more recently the first year of his second term, S&P and the NASDAQ traded during his first term and more recently
the first year of his second term. S&P and NASDAQ went through a traditional bear market drawdown
last year within a couple of weeks from, I think it was, let's call it early February all the way
to early April of last year, a quick seven to eight week bear market, 20%
drawdown.
V reverse it to all time highs within 90 days.
I think the same thing can happen.
I don't really think this is going to be drawn out like 2022.
But I mean, we'll see, right?
I'm just a market speculator.
I'm not a genius or anything.
I'm just kind of trying to get some confluence here.
But I still wouldn't rule out the S&P retesting like February highs of last year.
I just think it's just a bunch of noise.
It's kind of like getting super bullish on bitcoin um after the election when it crosses
90k um there's not much upside left after that i kind of think that's where we are in the equity
markets um but i could be wrong i'm just putting my thoughts out there but anyways guys that's kind
of my uh my uh my opening speech here for market talk um i'm looking at Hyperliquid and it's really difficult
for me to see this thing trading back in the teens, specifically like the mid-teens, right?
Like 15, 16 bucks, really, really difficult unless we have that vol event day where Bitcoin just gets
slashed by like 35% when everyone's asleep, kind of like the yen carry trade day. And then we just
V reverse out of there. And crypto is an incredible market.
It makes people lose hope,
and it just brings people right back in with a green candle.
If Pepe gets below a billion, my gosh, man,
I think that's free money right there,
even if it's just like a complacency bounce to like six to seven
billion um i just think memes and ai are just the themes for the rest of the decade um
maybe monad that's always going to be something in the back of my mind if if doc look if dog like suey caught a pump last cycle and
there was nothing to do on suey outside of like a few obscure nfts and like two meme coins and
two ai tokens and i think monad has a chance um because when Thui launched, right, in the late spring, early summer of 23,
whenever it is that they had their TGE,
on-chain wasn't even a thing outside of Ethereum.
On-chain wasn't even a single thing.
And I think I just have this gut feeling that, like,
And I think I just have this gut feeling that like the runway that Monad Foundation has could create some on-chain runners similar to what Solana had in 2023 with things like Neon.
Me and Max, we made a video discussing the prospect of Solana being last cycle's ethereum um and i remember we recorded
that video in early september when solana was trading at like 12 to 13 bucks the time of the
recording okay and then it was published a few days later soul was trading at like 15 16 and at
that time um i started going on chain and i mean on chain wasn't a thing right and you had
to buy most of your shit through radium okay and the only things that caught my eye was uh orca
and neon specifically and i'm like oh my goodness, everything is clicking here. They have their stupid phone. They actually have some fundamental plays here. There has to be something else on-chain outside of Ethereum.
went to hundreds of millions there's no way the soul foundation doesn't at least replicate
something similar to what eath did with pepe earlier in the year and then a few months after
that neon does like 100x orca goes crazy um there was also this weird gaming token that i bought on
soul which i i totally forgot i think it was called parallel i i forgot the ticker man um
my gosh does that happen to anyone like you just buy something on chain
and you just forget the ticker because it's been so many years since you bought it but anyways it
was parallel i forgot the ticker's name it It was some gaming NFT collectible coin or whatever it was. And that also went ballistic. And at that time, there really wasn't anybody talking about Solana.
earlier in the year as well um it really wasn't until bonk started going crazy after that solana
breakout in october after breakpoint conference where soul started to get eyes and ears all over
the place and solana was just labeled as dead in the water um earlier that year in the summertime
in june of 23 solana was delisted from robin hood man that's how bad it
got for soul so it's kind of what i think um with monad but anyways guys um feel free to come up to
speak by the way if anyone uh wants to come up and talk shop come up hit that request button i'm
gonna pass it over to evan a little bit but before I do that, guys, if you guys can go ahead, show some love to the space, show some love to the stream.
Best way to do that, guys, click the spaces tab right above our profile pictures.
Click that link.
Hit the like button.
Hit the retweet button.
It's got some people in here.
And Evan, bro, what's going on, man?
It's been awesome covering everything with you, bro, on a daily basis, it seems, man.
You're really pushing the content gear during this time, which, I mean, that's the best time to grow, right?
When there's only a couple hundred people left on the timeline, because honestly, the couple hundred people that are active on the timeline those
are going to be the big accounts everyone that's here right now is like sharing each other's tweets
and all of that that's what's going to be on the timeline when people um i guess reactivate their
their twitter accounts um because if you're not trading crypto you're probably not on x if you're not on chain you're
probably you're definitely not using x um but anyways bro dude what's going on um insane
volatility in the stock market dude do you think crypto bros are uh are the ones causing this
volatility because if you think about it and like you know people that have been
here for multiple cycles even though they might have only done like a 3x or a 4x with eth um they
probably loaded on with size man from last year's rally and they're probably they probably took that
volatility over uh to the equity markets man oh you mean like they're buying up the equity markets, man. You mean like they're buying up the equity markets?
You mean they're moving the, they're like pushing the,
I mean, it's jumped a lot, you're saying, right?
That's what you mean?
Yeah, with a select few names, right?
Like we haven't really seen this regime where stocks with valuations
This regime where stocks with valuations like Sandus could have volatility where it moves 30% in either direction, which kind of just tells me same thing with oil, right?
The volatility on oil kind of tells me that people that have been trading crypto over the last few cycles are probably taking a good portion of that capital
to the equity markets. I think the reason why I say that, Evan, is because we all know that when
crypto gets stagnant, equity markets kind of roar, right? 2018, after BitConnect, you still had the NASDAQ go to Valhalla. 2022, when there was virtually no breadth in the market, after 3AC went bust, Bitcoin went to $17K. If you didn't play Ethereum or Matic or a select few obscure tickers on KuCoin, you basically did nothing. But if you went on over to play that gamma squeeze in the equity markets,
where I believe the S&P went from like 3,700 all the way to like 4,200 or something like that.
Yeah, that was the squeeze that we had s&p went down to just below
3,700 and then went all the way up to just below 4,300 which is a fucking gamma squeeze which means
if you bought any short-term calls you printed hand over fist hands over fist. So maybe we're kind of in the same regime in a way. But instead of going
through like a 10 month downturn, maybe it's only like, I don't know, bro, like two, maybe three
months at max. I just feel like, Evan, everyone has the same access to information now. Everyone
is hyper online if they're trading markets and for downside they
just want to rip the band-aid off as quickly as possible rather than this like slow drown out
euthanasia roller coaster you know a hundred percent bro yeah yeah that was a good synopsis
um a lot of good things there definitely man i mean. I mean, yeah, when you look at like, you know, the triple Q, you know, S&P 500, they're kind of behaving like shit coins a little bit.
I mean, well, I shouldn't say that shit coins, but you know what I mean.
They're behaving like more like Bitcoin up 6%, you know, and that's a big jump up.
And I think that the capital rotation right now that a lot of like the big whales, you know, big Ds, all that made this morning, including myself, was probably like
panic selling their damn XLE, dumping that down and then deploying that into things like Bitcoin,
you know, S&P 500, that type of, I mean, for more of a crypto bro, it's more towards Bitcoin or
Ethereum mainly. Right now, I mean, in terms of all coins, not too much looks attractive,
at least more attractive than Ethereum. That may change in a few months, but that's today, in my opinion, at least the risk
tolerance I have. So, I mean, the thing, too, is like you look at Bitcoin versus something like
XLE, which I mean, I think Bitcoin bled 87 percent against XLE in 2022. But essentially,
you know, right now you've bled a total of, what is it, 63%, which probably should
be enough given that Trump's in office. Trump's going to speak. I think a lot of people are really
anticipating probably, you know, including myself as well, that this Iran thing is going to be done
relatively soon. The main Trump pattern here is Trump is all talk, you know, it's all a negotiation
thing. And the moment that his supporters, you know,
get pissed off with him
and he realizes he's not going to get what he wants
in the negotiation, he usually just folds,
which, you know, I don't think it's the best strategy
in the world, but overall, not bad.
You know, it's not, you know, better than most people.
You know, I'll say that, you know, not bad.
So I think that's what's going to happen.
I think this Iran thing is going to slowly kind of end, you know, probably officially, maybe not for another month or two.
But it could be even earlier, something of that nature.
But you're seeing momentum changes, especially like Bitcoin versus, you know, XLE, which was the big player that I was in.
You know, I was hoping to sell that at like 30% upward.
I was ahead 30% on it, but I kind of panic sold half of it at 25% gains. So
if we confirm some of the, you know, if we confirm like the two week, you know,
close the two week, pretty bullish on some of those pairs, I'm going to close the rest of it
and just, you know, convert to Bitcoin. You know, when I look at two, like something like
micro strategy, just on a TUSD pair, for example, I mean, you have a nice signal,
nice potential bottom signal on your like three week. That chart looks pretty example, I mean, you have a nice signal, nice potential bottom signal on your like three week.
That chart looks pretty good.
I mean, you got some good bottom signals there.
You know, it's more consolidation.
You know, it doesn't necessarily mean that, you know, we're going to the moon.
I am more of a, you know, of a crap perspective that you're probably going to retest the lows,
you know, low hundreds at some point, just like you're very likely going to retest the
lows, you know, for Bitcoin or at least low 60s. Again, I think that's highly likely to make a lower low.
I mean, it's getting less likely as long as I mean, if Trump just goes on the stage and says,
you know, this is going on forever, we're sending immediate troops over and all this shit and
repeat of Iraq, people are probably going to get annoyed and, you know, things will probably go
down farther and oil crisis and all that shit. you know that that would be very surprising and very unlikely in my
opinion um in terms of trad fi a little bit i mean you mentioned uh sandisk i don't know that could
have topped it's hard to say with that you know there's not really enough data um maybe that
keeps going there's some trigger waves or such you know maybe that keeps going but in terms of
nasdaq i'm looking at NASDAQ right now.
I mean, a big point is kind of like 580.
We're kind of above that.
Then you got like, you know, 600 almost, 590s.
I wouldn't say this rally is over, but I would say you probably got a little bit more and then you're going to consolidate some more and potentially, you know, break down farther.
I would say, you know, nobody, this is some serious freaking volatility, I would say, you know, break down farther. I would say, you know, nobody, this is some serious
freaking volatility, I would say, you know what I mean? Like, it's kind of hard to, you know,
it's kind of, the thing with this is like price on the S&P 500 and the NASDAQ is kind of already
factoring in that this war is over. And if you get a little bit more FUD, it likely, you know,
brings us back down. You know, when does that happen? I think, you know, the simplest thing you could look at this
is look at the chart and be like,
if we hold 653 on the SPY, you know,
you're likely going to head higher.
If you lose that, you're likely going to, you know, head lower.
It's obviously a very, very, very important point right now.
Bitcoin in the short term, I'll wrap up with that.
Bitcoin in the short term right here, I mean,
you're hitting a speed bump, you know, point
of control at about 680.
You know, I could see consolidation.
I mean, if Trump says something that we don't want to hear, you're probably going to reject.
If he says something you want to hear, you're probably going to go up to 71 to 72K.
That's what I'm looking for.
I would keep a more bullish bias on bitcoin the other thing i'll
mention too freaking ethereum has got some good bullish signs like your two day your three day
like there's some cool shit going on there like it even looks good against bitcoin still so you
know there's definitely potential there like bmnr was a little bit you know you had your february
low then you're making a higher low.
So I feel like sometimes BMNR and MicroStroge are kind of ahead of the game.
BMNR is like the very high risk, low reward, or I should say high reward, but probably high risk, low reward, to be honest.
But, you know, when you look at that, like potentially on its, you know, Bitcoin pair, and that's the most or actually, excuse me me the most important thing there is to outperform ethereum and i think that just made a lower low potentially against ethereum today if
i'm not mistaken almost did so essentially yeah i mean if you're losing that area um that you had
actually technically was on february 5th still but that's the area we got to pay attention to i mean
why is that so important because that's something that could freaking give you a 10 to 30x you know
in the next couple years but and it could be very low risk, high reward.
If you can get the hell out, once you lose that, yeah, that low, you just got to pay
attention to those timeframes and that strategy.
I've been selling a lot of cash secured puts on a lot of stuff, you know, micro strategy,
IBIT, ETH, A, BMNR, you know, all that shit.
So that's the main thing there there and that's kind of the best
thing that works in a crab market you know wheel strategy and options you're going to get four
percent a month i mean where are you going to where's the other place you're going to get that
i mean that's essentially the same gains that you know it's tough to get especially in kind of you
know these cut type of markets nothing really looks at the moment nothing really like bitcoin
long term looks good obviously eth long term looks good but microstrategy as well but i mean nothing really looks good for like just
try to buy it and write it up like xle looked like back in january or really gold looked through a lot
of 2025 nothing really looks like that right now so it's more of like it's more of a weight and
kind of you know dca or slowly go in type of phase right now i would argue
so yeah man uh speaking of energy man um solaris went back uh to my purchase price earlier today
and i need that to hit 100 bro i needed to hit 100 i needed to hit 100 bro i needed to get a hundred i needed to hit a hundred bro but i mean as as as
long as it like outperforms btc by the end of the year i think i'll be happy but if it has a gap up
to like 90 or something like that um this quarter i'm probably gonna rotate and get some more hype
hype um not all of it though but the volatility on sandisk is like fucking insane man um that's
why i'm not gonna lose hope in crypto i'm just i'm just not and it's so crazy because i found
this thing through a crypto bro cl co2 cl207 it It's the Asian guy.
He has a profile picture with a cat with a yellow hoodie.
I saw him post about it in, like, October, something like that.
And he's like, AI hardware stocks are going crazy and ETH isn't doing anything or something like that.
That's when it first caught my attention.
And I think people forget forget but sandisk was range
bound for a while after it had that spike to like 200 plus wasn't doing anything for a minute
and then it had that huge run up we discussed it here on the show and all that stuff um but
anyways matt what's going on bro what are your thoughts do you think Trump is going to taco
later today man it kind of seems like
deja vu last year's was
tariff this year was war
there's always some fucking war with this guy
man always whether it's tariffs
whether it's boots in the ground like
dude like when is he going to go to
war and turn the money printer on dude
that's what I'm thinking right
I think this is i
think this is why the presidential cycle is undefeated because eventually you know eventually
you get into office and your your crazier ideas catch up and hit the market hard uh you know and
uh we'll see if trump can get out of this unscathed,
just like this time last year with the tariffs.
But he's got to completely taco dough.
He's got to unabashedly, you know, egg on the face,
just piss on your head and tell you it's raining and tell you we won.
And memory hole, all those objectives
that they were talking about a month ago and two
months ago, just pretend that never
even happened or existed.
Like, you know,
gone are the
days that, oh, we're going to get Iran's
oil, right? No.
Complete regime change, right?
To a friendly Western government?
We're going to... Let's see, what else was there?
Oh, we're going to take
all their
uranium and
completely dismantle
their nuclear program.
All of that,
we're just going to forget we even mentioned it.
And Taco, right back to where we were January 2026, it seems like.
So that's my, you know, when he floated, what was it, late night Tuesday to his aides,
and then it got leaked to the Wall Street Journal.
I'm sure they intentionally leaked it that, hey, you know,
we won't even, we might quit this war
and we don't even need the straight-up-hormuz.
That was the taco.
And then this is just the official confirmation of it tonight, I think.
You know, he was already soft lunching the taco 48 hours ago,
excuse me, 36 hours ago.
And now this just kind of makes it official.
And yeah, I don't think it's a done deal yet, obviously.
There's still another player in this game and Iran has to do their part
and open up the straight. We'll see if they're willing to play ball. But yeah, first things first,
if Trump pulls back and there's no further escalation, you're right.
I think oil cools off.
I think some of the parabolic run in those massive oil companies cools off.
I think obviously we're already seeing the dollar cool off.
And you're seeing a lot of nice bounce off the bottom and short covering in equities, big and small. So we're not out
of the woods yet. Let's get, we need the confirmation of the taco tonight. I think it
happens. That's, you know, I think, I think, uh, it's been soft launched and now tonight it's just
going to be official, but let's get the taco, just like this time last year with the tariffs.
And then to really put icing on the cake, no one really talked about it because it's
just been all Iran, Iran, Iran.
But we got a pretty decent ADP jobs report this morning.
We had a better than expected jobs from private payroll.
So let's put a cherry on top of this Sunday.
And hopefully Friday, we get a decent report from BLS,
non-farm payrolls and unemployment.
So, I mean, if you get all three of that,
yeah, it's going to be a nice run over the weekend.
Obviously, markets are closed Friday, but not Bitcoin, not crypto.
And I'm with Evan.
Get us three out of three, and Bitcoin runs right back to 71, maybe even 72.
72. As soon as those tweets started happening and it started getting reported late Tuesday night,
I put together as much cash as I could find and closed a couple smaller positions. And I bought
myself half a Bitcoin late Tuesday night. I think I got like $66,500 maybe, $66,000 and change.
And I mean, yeah, I don't care what kind of timeline we're talking about,
short-term, medium-term, long-term.
I know that's going to – I'm going to be very happy with that.
So, yeah, I did my part.
I bought.
I hope everyone had been watching their, you know,
keeping an eye on their watch list and bought something
because that was a beautiful dip for lots and lots of stuff
from gold to you name it, SanDisk, Micron, all the Mag7 really, Bitcoin.
There's plenty of stuff that hasn't run yet too.
So that's the fun thing. We get a nice
taco tonight and markets are still open Thursday. So there's plenty of catch-up trade as well for
Thursday before all the markets, equity markets close down Friday. I am absolutely looking at,
Friday. I am absolutely looking at, let's see, what hasn't run yet? Some of the Bitcoin AI
hybrid miners. Like if you haven't, if you haven't filled out your position on IREN or Cipher,
but especially IREN, like, boy, I mean, how do you, how do you pass up this opportunity to get a big old bag below $40 on iron?
I feel like that's a solid double a year or two from now.
Easily.
$40 to $80, $40 to $100 plus on iron in a year or two.
Easily.
So, yeah.
This is why we pay attention every day.
This is why we pay attention every day.
This is why it's fun.
This is, you know, a nice opportunity.
But we'll see how it plays out.
Still more to come.
Matt, what do you think of S&P retesting something like 58 to 60, 100, man?
Only if he escal an ultimate... Only if... If this drags out.
Only if he escalates.
Yeah.
I mean, if he rugs us and says,
oh, by the way,
I have issued orders to mobilize to Army and Marines
and we are raising a force of, you know,
60,000 to 120,000 armed servicemen and women for deployment.
Like, yeah, S&P 500 to 6,000.
I agree.
NASDAQ back to back to below 20,000, 19 or 18 or whatever.
19 or 18 or whatever.
I'm not looking at my chart right now, but yeah.
I'm not looking at my chart right now.
Revisiting the spring 2025 prices.
I agree with you.
Everyone wants a taco.
No one wants, I mean, politics aside,
no one's interested in another Middle East forever war.
No one wants to see loss of life. No one's happy about paying inflated energy prices.
We have it easy in the U.S.
At least we're insulated by it.
At least so much of our energy comes domestic.
So we're annoyed by 10%, 20, 25% energy increases, but it's nothing like Europe that has 50, 60, 75% energy increases.
And then parts of Asia that, I mean, you've seen it, parts of Asia that have flat out energy shortages, doesn't even matter what you're willing to pay.
They just flat out have too much demand than supply and so
you know they're they're they're issuing a and b days like okay a on a days uh these drivers can
drive their cars and vehicles and on b days these the other drivers can drive like
crazy rationing so yeah everyone's in favor of this thing taco-ing. Everyone wants peace here.
And our bags certainly want some peace.
Our bags certainly want some peace, man. There's always a bull market somewhere,
at least, right? Dude, I cannot imagine trading this environment over the last eight years,
nine years since I've been in markets without
without the internet with as crazy as the internet is right now dude like if i didn't have like my
robin hood trading app um if i didn't have like deck screener if i didn't have like my mobile
phantom wallet or anything like that like just like dca like what else could you do? I guess DCA. That's it. Yeah. I think that regime is kind of like cooked, man.
I think –
But like right now, like, okay, maybe you weren't really –
you didn't want to pull the trigger Tuesday.
You still haven't really bought anything in size today.
Again, you have a whole trading day tomorrow and Thursday,
Again, you have a whole trading day tomorrow on Thursday
and then a long weekend.
and then a long weekend.
Let's just go ahead and assume it's an official taco.
I think the safest thing is to buy to make the most money too.
I'm not other people that are trying to tell you to buy bonds and some bullshit.
We're trying to make money around here.
Buy what's breaking out or bottoming out.
So you're already in energy.
I love energy.
That's just further breakout.
I expect, you know, you and I, Bobby,
we especially like some of these energy companies
that have one foot in the AI build out
and are obviously benefiting from higher than normal oil.
That doesn't hurt.
But I mean, as AI expands, these energy companies are just more and more in demand.
So yeah, buy what's breaking out and buy what's bottoming out.
And what's bottoming out to me is it's good old Bitcoin.
Like, I don't know if anyone noticed, but we just entered April. and buy what's bottoming out and what's bottoming out to me is it's it's good old bitcoin like i
don't know if anyone noticed but we just entered april and i thought we were supposed to be at 40k
by now right or was it 30k or was it or was it 10k according to some of these doomers but like here
we are at uh closer to 70k than we are to 60k and let let's face it, if it's a taco, nah, come on, it's going to go right back to 71, 72.
So, yeah.
Probably 75, 76, Matt.
I think we're going to need, give us three.
Bitcoin loves some taco, man.
Give us, I think we need,
so this was my thesis back in the winter.
I think we need not one, not two,
but three tests of, call it 75, 76K, that upper resistance above our heads.
You know, it usually takes three times to crack it, to break it.
So I'm being patient.
Like we have this window, call it a couple of months, you know, 100 to 200 days, whatever it is. But we have this window to get as much Bitcoin as you can below 50% from all time high, you
know, in the 60s.
Congrats if you timed the exact picot bottom at 59.9.
But that was months ago now.
And why would you not still be stacking?
This is all going to look incredibly good a year from now,
two years from now, certainly three years from now.
So when I can't find anything else to buy
and I just need a sure thing,
that's why I dropped, what, almost $35,000, $37,000
on Bitcoin Tuesday night?
Like, why not?
I know that's a sure bet, medium long term so and matt you know
you know what's crazy like there there are probably some people that only have a net worth of like 10
of that and they they need um beta of beta to go fucking crazy man like that's why i'm bullish on hyper liquid because right i think
dude what solana did uh man i'm talking way too loud and i'm outside what soul did last cycle i
think that's exactly what hyper liquid is going to do this upcoming cycle think about it matt
imagine you're some trad fight guy and you knowFi guy and you're trading oil on a weekend.
You're trading equities on a weekend when markets are closed.
And you've realized, wow, how come the price oracles on Hyperliquid,
they're being reflected in TradFi a few sessions later.
Oh, oil is gapping up on Hyperliquid.
And then it gaps up right on trad fi opening at 9 a.m
ESC 9 30 a.m. EST man
I'm just gonna stay on hyper liquid they make their gains on hyper liquid they buy the hype token hype token goes up
And then they're like man, what's this? What's this meme coin on on hype? What's this AI coin on hype?
What's this RWA coin on hype right?? What's this kinetic thing, right? Which is
the kinetic is the protocol that powers 24-7 stock trading on hype. And they think to themselves,
man, so the more fees that go through this platform, the more that's used for this flywheel
from XYZ token, I'm going to fucking buy this thing this thing right and that's how it all starts right that's
exactly how it all starts that's kind of my thesis for hyper liquid during this time of uncertainty
the one thing that has kept i guess crypto traders active has been hyper liquid and when you have
dubious speculation on something like crypto it's kind of like a flywheel of uh of um exuberance
right soul price goes up um with was going up right or ai coins were going up when soul was up
if ai coins are going up then everything is going up right and that's kind of my thing with hyper
liquid and although i do think soul still retains like the meme coin and attention stuff i think
hyper liquid has a bigger chance to just capitalize on on stuff and just well because because what's
the i'm i'm i'm 100 with you you know i didn't i you know me i i like to watch what's going on and
and keep my finger on the pulse but uh you know i don't i don't buy any other crypto i just like to watch what's going on and keep my finger on the pulse. But, you know, I don't buy any other crypto.
I just like to, you know, be involved and keep an eye and be up to date.
And this time, four years ago, three years ago,
there was very few people that were thinking that Seoul would outperform ETH and accept right here in this space. And I remember you being open to the idea. And I kept pounding the table that like, no, ETH is done. It's not going to be the big winner that that cycle. It was going to be Sol. be soul you could see it in volume you could see it in token token creation and you could see it in
the new meta which was uh you know every single meme you could think of um and where were they
creating it they're creating it on soul so it was getting all the volume it was getting all the
attention it was getting all the action and it seems like the new meta this cycle is prediction
markets and where is that where is that? Where are people wanting to speculate?
At least in terms of crypto's ecosystem,
where are people wanting to speculate on whale
or this or that over on hype?
So, you know, I don't own any hype.
I didn't own any soul.
And I don't own any ETH.
But it certainly seems like that's the way don't own any hype i didn't own any soul and i and i don't own any eeth own any eeth but it
certainly seems like that's the way that those those are participating it seems like that's the
way they're acting so yeah i agree with you i think uh i think hype will be the um one of the
two winners out of the sector simply because that's where the action is yeah that's uh that's that's real man now it's just like
does crypto actually uh cross the chasm man do we actually have multiple things trading above
a quarter trillion in market cap that's kind of what i'm eyeing for next cycle the top 10 having multiple
quarter trillion market caps and new runners that actually go to 40 to 50 billion I know it seems
kind of strange and everything with people kind of already knowing that this cycle we
didn't really have many high ceilings outside of Pepe because of pump fun and
the attention is just scattered all over the place right and then now an
analogy would be like this say you kept you you you catch a token with your
sniper bot and you buy supply at like 10k you capture you you you catch a token with your sniper
bot and you buy supply at like 10k market cap right you buy some supply by
the time it gets to like 10 mil market cap the token can cure cancer and I'm
dirty is a cure for cancer there already is a cure for cancer but you know it is
it's a ton of trt anyway that's what i'm told now
yeah but but anyways man um and you know you have a handful of people that have millions of dollars
um in unrealized pnl because they bought supply at like 10k 15k market cap right
and they're gonna dump on you they're gonna dump and before
you didn't really have that right i think people forget like pre-pump.fun you needed a whole
strategy and a big pool of capital to deploy a coin right there wasn't this like pre-bonding
kind of shit that pump has um and although they are doing some fixes right like i think
they're gonna roll out some update where you can't deploy um the same ticker like if you want to
launch something called dump right there can only be one ticker called dump and i mean we all know
what happened in 2024 there would be multiple tickers of a coin that already existed on chain right
like with that nero coin that was insane um but anyways i i think that meta is going to be cooked
next cycle um although i do think pump is going to do well i just don't really think it's it's
gonna it's gonna vamp as much as it did last cycle
because i mean let's face it right the amount of people with capital that participated last cycle
in crypto was very minimal because they all got rinsed on luna and celsius and all that stuff
people that have been around for multiple cycles all that money is just gone and they're not going to get it back for for
some time it's kind of like the mount gok stuff right um except it's magnified by like 20 30 times
and some of those people they're just stung by crypto and they're gonna just go on over to try
right and they're gonna fucking buy mstr or bmr or iron or or honestly or honestly just play on polymarket in calci
i think that's the big risk of hype is uh is um polymarket right because does it get you know
similar to okay it was it was it was green it it was blue skies and green meadows for Solana last cycle up until PumpFun hit the scene and like, wait, okay, there's a cheaper, easier place to create XYZ meme token and meme coin.
And then I think that's where, I mean, correct me if I'm wrong, Wabi, but I think that's where Solana started to top out, both in terms of USD and BTC.
Yep, that was kind of like the cycle organic top, in my opinion.
That was when Bitcoin hit like 42K in Q1 of 2021.
It's kind of the same thing.
Well, okay, I was talking more like 2024, 2025 when Solano topped out just previous.
Yeah, yeah.
I'm comparing that kind of price action for Sol in regards to the Bitcoin-allcoin pairs.
After Bitcoin hit $42K in January of 2021, that's when it bled profusely against all coins for like 10 months.
But this is but this is
the risk like this is the risk for hype is uh you know how how cheap and easy is it for those who
are overseas uh who want to participate participate in prediction markets how cheap and easy it is it
is it for them to just get an account on Polymarket
and call it good?
You know, do they even bother with hype if the hurdle to do exactly those trades and
maybe more because maybe there's better liquidity, better volume on Polymarket.
But if the hurdle to create an account over there and get up and running and participate, if it's low, it's going to, yeah, that pie is going to get divided up.
Just like we saw last cycle with Solana having to then compete with pump funds.
So we'll see.
That's why I pay attention.
It's interesting to me.
I don't need to, like, throw money at it just to have fun and watch what happens.
Hey, Uncle Scrooge what's up man aka O'Hare
is O'Hare's first name Paul maybe but I know I know you guys are the same person well somebody
thought I was somebody the other day thought I sounded like a guy named Paul so I thought it was Oliver hair Oliver Oliver and actually finally heard Oh
hair speak um recently and one of this one of the spaces I agree with everything
everybody's saying and while I be the you were saying the only thing I don't
agree with me and I hope I'm wrong I don't know about three months how short
it's gonna be um but as far as like a turnaround I'm wrong. I don't know about three months, how short it's going to be.
But as far as like a turnaround, just looking at like the fear and greed chart.
And what I always like to say is Bitcoin and crypto is not broken.
There's nothing structurally wrong with anything.
It just simply just hates chaos and uncertainty.
Right. Some we knew it's nothing new. We knew this ahead of time.
You know, a lot of things,
flight to safety and the metals towards the end of last year
when things are, you know,
when things got a little crazier
with the tariff threats with China.
But I'm looking at like the last,
since 2025 into current time,
we've spent more time in fear than ever.
You know what I mean?
And more time in fear than ever, you know what I mean? And more time in extreme fear.
And it's, you know, people get really upset when they talk politics. But like I like to say,
I don't see Trump as political. I see politics as Democrats versus Republican. Trump is neither.
He's an entertainer. And his nonstop need to be center of attention and chaos keeps bringing things down.
Now, like 2025 had amazing positive catalysts for crypto versus one unpredictable maniac that kept people really shy.
So I'm bullish long term.
I don't think we're going to go much lower.
I'm not one of those people that are looking at 20s and 30s and 40s for Bitcoin.
I think we stay around here for a little while. And, you know, I think in pictures, I think of like, you know, picture that, you know, it's all on a bus to use Bitcoin to be simple.
I mean, this crypto is huge, but say we're all on a bus going up a hill. Right? And the bus stalled. And we get these weekend pumps.
And to me, that's like someone just running down the road to get a gallon of gas.
And we get excited, you know, and then it retraces.
Also, you know, a very unpopular and hated topic on Twitter is the Trump tariffs.
It's a fact. We went from paying Americans, consumers went from paying about
five to seven billion dollars a month in import fees to 30 billion dollars a month starting in
April of 2025. I think Trump is the only person on earth that can get away with that and having
like just people look the other way. It was amazing. 400% increase on import taxes on Americans and crypto bros and everybody just was
like, oh, well, that's a lot of money. Okay. And, and, you know, I know what people think already
because I hear some comments that tariffs don't affect me. I'm fine. They don't affect me either.
We're in a different income bracket. I mean, it doesn't bother me. But collectively, the retail consumer in the United States has $25 billion less per month since tariffs.
I'm still positive.
I just, and you've got to remember this, Iran thing, Iran war.
What's different about when you were going on his last term and trying to match up the charts, trying to think it's the same way this term, the big thing you left out, Wabi, is his advisors.
In his first term, he had professionals that knew what they were doing.
In his second term, he has only loyalists. The only qualification was being 100% loyal.
So that's what scares me. So that's why we're here, because of total chaos and uncertainty.
But I don't know if you can really match up Trump's first term with the second term,
because his advisors on his first term would have never allowed the tariffs to happen.
He tried to make the tariff thing happen.
And, you know, we have a Fox News host running our military now.
The most he ever, he had up 30 guys in National Guard and got kicked out of National Guard.
That's the head of our military.
You know, so we don't have the qualified people we had last time. Ironically, Trump's first
cabinet, 41 of his 44 cabinet secretaries refused to endorse him this term and warned us voters
that he was unqualified, unhinged, and dangerous. Now we're seeing that play out. It is what it is. We can't
go back and redo things. We just got to make the best of it. But I'm just shocked every day on
Twitter that people are just so complacent to bite the pillow and bend over and take it.
I mean, I don't know why people aren't calling for impeachment and J.D. Vance to take over.
I'm not saying he's great, but I'm just saying he's not
an immature toddler that's going to emotionally tweet things out on a Friday night. They're two
different people. I don't think we'll see another Trump again. But, you know, hopefully we'll, you
know, get out of this sooner than we think. But Trump already promised us we're taking over Cuba
next. Come on, guys. I mean, it's like a toddler. He cannot stop.
It's one thing to the next thing to the next thing. He can't keep up with them.
And unfortunately, you know, thinking in pictures again, think of an amusement park with roller coasters.
Bitcoin finally vomited in October and it can't keep it down.
You know, that's why people are into gold. Gold was the
safety thing and metals, but, um, I just, I'm not going to change anything. A couple of people aren't
going to change anything, but I'm just shocked at the lack of urgency of just people putting
politics and individual loyalty above the country and risk on markets and everything. So the only thing I can
say that we can do is either just bite the pillow and bend over and take it for another 1,025 days
because he's not going to change. I just did a fun little Grok search and I just said,
what are the chances of Trump's chaos and uncertainty continuing based on past patterns?
and uncertainty continuing based on past patterns 80 percent grok says now grok you're gonna believe
grok you're gonna believe grok it laid out everything he's done and it laid out patterns
so you know trump doubles and triples down on the worst things you know everything's gonna be done
in two weeks what do you uh well right now like what do you what do you what do you do you, well, right now, like what are you doing?
You bot?
DCA.
I mean, I'm not a bit.
DCing into?
Bitcoin, Bitcoin, Sol, some ETH.
And I do some crazy little dirty little meme coins.
But it's my, I don't go to the casino.
So I play with a couple different things.
But I wasn't a big DCA person, but Trump has made me DCA. Just get boring and just set it and forget it and take advantage of these low prices. I think that's sort of risky. I think people, you know, not financial advice,
but I think you'd be smart to, you know, DCA into your convictions. And just honestly,
you know, I sound like I'm just a Trump hater. I could care less who is president,
as long as they're just listening to advisors. And they have professional advisors.
I mean, one could say Trump listens to advisors, but he doesn't listen to the right advisors.
I mean, the whole freaking election, 2020 election thing, all the professional advisors told him he lost.
But he listened to the MyPillow guy.
He chooses the advisor that tells him what he wants to hear. That's dangerous. I'm going to
be rude. Trump is an entertainer. He's not made for this job. And what are we going to hear
tonight? Who knows? He may not even know. He may change at the last minute. But CalShit and Polymarket have a less than 50% chance of the straight opening in the next month.
So we're looking a bit extended there too.
But I don't get into crazy other market stuff, but I just try to simplify it.
amazing catalyst for crypto versus one 80 year old toddler that can't on ADD medicine and
can't keep his head straight. It's sad, but it's almost pathetic. But anyway, that's about it.
Um, you know, just try to get people to make noise about this and it's got to stop because
we're only 400 days in and he's not going to change he's going to get worse
well um i gotta go here pretty soon guys um but uh if anyone wants to come up
feel free to hit that request button i see zach mitch sent you guys uh
invite to speak um yeah it is easter friday not mad it's good friday why did i say easter friday
good friday we're going to be closed yeah and uh i will be starting that a little bit early i gotta
go to church here in a little bit and um all right let's see oh three aces i think i've
seen him on spaces before i'm pretty sure
aces what's up, man?
Hello?
Three Aces.
Hey, buddy.
What's up, man?
Good.
What's up, my man?
Howdy.
Good.
You know, um.
Yeah, let me ask you a question.
Go for it.
What generation are you from, bro?
I'm 56.
Oh, my gosh.
Of course you'd say, buddy.
What's up, man?
Hey.
You know, I've got three kids in America.
You know, and I'm listening to this Scrooge guy.
I live in, you know, I've lived overseas for the better part of 20 years, you know.
I'm in South America right now.
And I've listened to this Scrooge guy three or
four different times now. And, you know, all he does is moan and groan about Trump and this and
that, but doesn't put any facts out. Right. I mean, you know, as an American taxpayer,
as American passport holder, and as a father of three children. My primary concern about,
you know, Trump is the safety and the well-being of my children. You know, he closed the border.
He's, you know, put a full-on assault on these animals who were in there that were basically
just let to roam free. And he's deporting them one by one i live in guyana right which is the
country that borders venezuela okay in south america right i'm a mining company here i'm a
gold miner okay and and you know this guy maduro had been threatening us, I've been here four years, threatening us since the day I got here
to literally come in and take half the country. There's a huge Venezuelan population of people
in Guyana. And when Trump surgically removed him, every single person from Venezuela, Brazil,
Venezuela, Brazil, and Guyana here were dancing in the streets. Just like when Trump took out
this animal, Ayatollah Khomeini, and millions of Iranian women were marching up and down the
cities of the world with flags and saluting Trump and Israel. I've got a 22-year-old daughter. I
don't know if this
confused guy is gay or what his story is, but he certainly doesn't have any children.
He looks like Kevin Spacey, that guy, you know, the convicted pedophile, right? If you look at
his picture, if that's even a real picture. So, you know, he's bitching and moaning and doing all
this nonsense. That's great. Put some fucking facts on the table, bro.
Trump, Trump, you know, I lived in Dubai.
When I was, you know, before Guyana,
I, you know, I was in Africa.
You know, I'm a miner.
I had mining companies, right?
In Africa, South America.
I would fly to my kids to Dubai three, four times a year and take them on vacation and stuff.
Could never go to Israel because 35 years ago,
the Mossad killed one of the UAE ministers in Tel Aviv,
and those two countries never spoke a word between the two of them. If you had an Israeli
stamp in your passport, they'd hassle your ass getting in the UAE. Trump brokered a peace deal.
Now there's five flights a day from Israel to Dubai and Abu Dhabi.
You know, I mean, I'm having a hard time.
I mean, Bitcoin, I've owned Bitcoin since 2019.
I love them both exactly the same, Bitcoin and gold, okay?
Gold is my day job, right?
Okay, I got three kids.
I love them all the same.
I love Bitcoin.
I like gold. I like love them all the same i love bitcoin i like gold i like
copper all the same i don't i don't like one better than the other right they're different
tools for different things so i mean you know bitcoin um you know hit uh 60 000 three weeks
before the first bomb was launched at uh iran And it's up 10 or 15 percent since then,
and has been one of the best performing assets in the market. So, you know, I mean, you know,
I don't know, you know, I mean, I'm 56. I worked 10 years on Wall Street in the 90s for the top
three global investment banking firm in the world. And the stock market corrects 12, 15% every year
since the beginning of time.
So we had a 9% correction.
What the fuck are some of these guys talking about?
You know, even Gary Cardone.
You know, I don't know if he's drunk as a fucking skunk
at eight o'clock in the morning on these Mario spaces.
Oh, the whole thing is a mess.
It's like, what's a mess bro you know like tell me like be
quantitative in nature let's pretend like we're having a real conversation here what is what's
the problem you know these fucking iranians i got a 22 year old daughter you know went to ucsb
he graduated with a master's in Paris in the fashion industry now.
Trump is making the world a safer place.
I've lived in Africa for 15 years.
The Houthis, Boko Haram, look at what they just did in Nigeria again.
The fucking Muslim Brotherhood, Hamas, Hezbollah, right?
ISIS, okay?
These are all factions of the Ayatollah Khomeini and the radical Shia fucking Muslim bullshit.
All of them.
And all we've seen for the past 10, 15, 20 years are these fucking animals killing innocent people in cold blood, including the 30,
40, 50,000 people that the Ayatollah murdered, like my fucking daughter's age, innocent little
girls, okay, in Tehran, weeks before we exterminated that piece of shit. What's the problem?
Please help me out here, because you know what? I'm not in America.
Okay. I'm from the outside looking in, but I do have kids that I'm gravely concerned about
judges, letting fucking animals who were in gangs from Venezuela out after 20, 30, 40 fucking
convictions and protecting them from being fucking, you know, exported to their countries.
This motherfucker has got a problem with Trump trying to get these people out of our fucking
communities.
What is he even talking about?
You know, I've just listened to it, you know, like two, three, four times now.
And it's like, he's not even saying anything.
Oh, well, Trump, you know, like two, three, four times now. And it's like, he not even saying anything. Oh,
well, Trump, you know, he's a toddler. Okay. Tell me what the fuck the issue is. And let's talk
about the issue. So anyhow, didn't mean to come up here and get on a rant, but I'm just like,
put something on the table, bro. Besides for the fact that you look like a fucking pedophile.
Okay. Like Kevin Spacey. i don't know if he's doing
that on purpose or not he obviously doesn't have kids anybody with fucking kids in america
okay gotta be saying to themselves thank you trump you're getting these fucking animals off
the street right so anyhow that's the rant thanks for having me up bro bro. Yeah, no problem, man. I guess that's the conversations that spark when market conditions are like this, you know?
It's like very Springer, I guess.
Mitch, what's going on, bro?
I saw you get off mute.
How are you, man?
What's up, Bobby?
I'm good, dude.
How are you?
Yo. I'm okay, know um i'm okay man i'm okay uh it's the first day of quarter two and i guess we're starting the show on on high testosterone which is which is what i like you know people giving
their their raw and brutal thoughts um my favorite thing about My favorite thing about three aces, and this is a, I have a lot of respect for him.
I think he's been up here before, but I forgot when we had him up here.
I think it was sometime in 2023.
I've heard him on some other ones, and he's brutally honest, right?
And he doesn't apologize for that, and I just want to tell him I appreciate that.
I've learned a lot about the gold business from him too. Not that I could do anything to execute
on it, but he's very forthcoming and open and answers a lot of questions about it.
And he's very honest and I appreciate that. But I think you know, I'm interested in AI data centers,
the future of AI. The data center stocks have taken a huge hit this week.
We had a little bounce yesterday, but we've just gotten smoked.
And it's a long ride for anybody who's invested in these.
If you have been around for a year or two, you've seen a lot of high volatility.
It's going to go up and down.
Nobody said any of these investments would be easy. They're not going to be. If you're in these
for the long haul, you know what the end goal will be. I anticipate a big turnaround this year
in these stocks, Iron, Cypher, Wolf, all of these. These are big time players in this. I love Iron. I love Cypher.
They've been hit really hard. A tough day for Cypher in particular. Sort of expected a better
day from them, but it doesn't really matter. The long-term goal will be the same. Compute and power
is going nowhere. We're only going to need more of it. There's a lot of talk about things will
become more efficient.
We'll need less compute, that these data centers will be overbuilt.
They'll be empty.
I don't buy any of that.
I think that the more efficient all the compute and the power becomes, the more use cases there will be.
And we'll need more power and more compute.
I think these data centers will be great for these small town
communities in middle America. I live in one of those communities. I can't wait for the data
centers to go up that are going to be around town. I'm really excited for my community about that.
I think anybody who doesn't see that long-term goal of the impact that could have for middle
America, I think you're missing the point.
I heard, I don't remember which space it was on yesterday,
but there was a lot of talk about
how bad some of these data centers could be for communities,
but also this idea that we need small town America again,
right?
And to me, this connects those dots.
It brings good jobs, not a ton of jobs,
but they are good jobs.
And it's really impactful for the entire community, right?
And so some of these communities
that have been hollowed out,
I see data centers as a way to start building again
in some of these places that have been hollowed out.
So that's what I'm interested in right now.
These are long-term holds for me.
I'm not a trader.
I don't pretend to be a trader.
If I try to jump in and out of something,
I'm gonna get it wrong almost every time.
I believe in the fundamentals of these companies
and I bet on winners.
And I believe the leadership of these companies
are winning people.
So thanks for having me
up Wabi appreciate it always love your space thanks man yeah I try to bring up as uh many
people to discuss multiple conversations man whether it's equities or stocks or any stuff
like that um I do like data centers I I do think it's becoming a dilutive market.
But I do like, excuse me.
Wow, I can't believe I just coughed on stream.
But anyways, I do like Iron and Nibius, their partnerships and all that stuff.
I'm really bullish on.
I'm really bullish on.
I understand some people think like they're going to be capitulated at like
minus 90, 95% drawdown,
but most people do a lot better having a long only bias.
I don't really think those companies are going to be going away really.
I don't really think those companies are going to be going away, really.
And I think they're better prospects for bull market positioning
in comparison to something like an Ethereum or a Solana.
And of course, that's going to be the bias if you have active capital
like sub 10 mil, 15 mil or something like that, right?
Once you reach that upper echelon of, like, 20 plus mil net worth, I'm sure, like, you'd be a lot better off just going into super high caps, right?
Like an ETH or a SOL.
But for those that aren't, like, anywhere near that, they would like these beta names.
So, that's what I have to say about that man totally agree well said um yeah yeah um and i even even like hiring net worth
individuals i think they can see the narrative for for things like a soul and an ETH. I'm sorry that I coughed again, man.
I'm not sure what's wrong.
I really hate doing that.
It probably annoys me more than stuttering
or saying, you know, you know, you know,
and saying bro and dude a lot,
doing my best to fix that stuff.
But anyways, I digress.
I think, man, I also despise saying I think but my belief is that
many people that have been here for multiple cycles can see a better narrative for growth
in AI data centers in comparison to a layer one,
like a Solana where the growth story is basically already capped
because it's just an attention platform.
Solana is an application with a token, right?
Where attention and price discovery has already occurred
with the Trump token.
Solana now is only beneficiary to a broader bull market.
And that, my friend, is something that Hyperliquid still has yet to discover, in my opinion.
We've seen hype benefit during a bearish environment and during uncertainty where people go on hype to buy things like oil and puts or whatever.
Certainty where people go on hype to buy things like oil and puts or whatever
but what we haven't seen is
Hyper liquid coming out of that uncertainty and global macro uncertainty where people are just gonna shove into calls and
buying stock on weekends and things like that which is my bull case for hype going to triple digits
I I think I'm the biggest hyperliquid
bull in this entire app um i have yet to see is there another one any sort of i i i there is
there's like a a dot hl community where you know there's dot east right there's dots. A lot of them are Hispanic, like myself.
But another cohort of them are just people that enjoy trading perps, and they just think that hype is going to go up because it's a perp platform when it's a lot more than that.
I understand I get way too far ahead whenever I go on a rant about it,
but it's the most investable asset in this
entire space outside of bitcoin um i think short term your only thing is like are you willing to
withstand a 60 drawdown if it comes which is always a possibility if bitcoin has a move
where it gaps down by 30 plus percent which in my opinion it could like if Bitcoin does hit 80,000 76 to 80
where I do think it could hit short term still um there is a strong likelihood that it could have
some gap down to a new low and whenever that happens it does track it does trigger a lot
of liquidations and hype does have a tendency when these liquidation events happen it does go down
more than most altcoins in the top uh in the top 30 because hype is now like a top 12 top 13 token
or top 10 if you want to exclude uh stable coins and stuff like that right so you know you're
willing to withstand that withstand that temporary drawdown if that event were to happen.
What's your price target on hype for this year, Robby?
I think hype could go into price discovery this year.
And I say that because I'm comparing it to BNB two cycles ago,
I think Hyperliquid is going to go through the same cycle that BNB did in 2019 through 2021.
And out of that bottom, BNB was the first one to go into price discovery.
And the reason for that was because of demand for these IEOs, initial exchange offerings.
Coins like FET, Matic, Sandbox, all these coins that went up like 100x, they debuted
it off of liquidity pools on Binance.
So you would buy BNB, you would submit that BNB to an address, you would see if you qualify.
And if you did, you would submit that BNB to an address, you would see if you qualify, and if you did,
you effectively got 10x returns overnight. And if you didn't, I mean, you got back your BNB, but it appreciated by a significant amount because demand was insane. And of course,
Binance did survive that exchange onslaught that happened throughout 2018 where exchanges like hit BTC and Cryptopia
went under, right? So it was a beneficiary off of that as well. But for the most part,
it was demand. And so for me, demand is happening, I guess, right now, right? Equity markets are
closed after Friday, but there's still markets open, right, on Hyperliquid. So that's kind of my thesis.
And when the market goes back to full risk on,
crypto traders and equity traders are going to go on Hyperliquid to speculate.
And that speculation benefits the hype token.
And you would have to think, okay, if Hyperliquid generated like a quarter of what the NASDAQ produced in net revenue, right, in 2025, how much are they going to cause a domino effect and you're going to see real try to find money flow into hyperliquid as you did with the bitcoin etfs
so as far as like my cycle targets for this cycle i would say flipping bnb maybe even
challenging ethereum's market cap um definitely flipping solana and when you see that happening
you're going to have an on-chain effect where people are going to gamble on shitcoins on Hyperliquid.
And that creates an even further domino effect to the upside.
So when I say it's like the most investable asset, you know, I give a huge thesis for this thing.
It's not just because it's a per platform that's decentralized like most people.
There's actual layers to this thing. and they don't pay people, okay?
They don't have a treasury where they pay people for sponsors or anything like that.
They don't have, like, huge VCs to dump on you.
The only thing is they do have some token unlocks that's specific to the team,
and that's pretty much it right but there's no like extreme
token dilution effect like solana has with their with their validators and stuff like that which
causes their inflation to be sky high uh which effectively dilutes their their token shareholders
hyperliquid doesn't have that effect um so that's kind of like my hyperliquid thesis again
and short-term things for the year um but anything can happen between now and then right like hype
could spike down to 15 bucks i'm just confident that one bitcoin will go into price discovery in
the next 18 months i could be wrong on, but I just think by now the market kind
of already knows that Q1 is mostly risk off now and perhaps risk on is now Q2, Q3, right?
Seasonality is inversed, but those are kind of my thoughts, man. I don't want to splurge on on hyperliquid uh for for for too long right
and if you compare it to other growth stories like bnb i think michael saylor and cheng peng zhao
wing yao zhao is kind of topped out just like michael saylor I think they're done for. I think they're capped as far as main character energy goes.
And I can't really see how BNB would outperform hype.
Vitalik is now checked out of the Ethereum Foundation.
And he's just splurging all the Ethereum Foundation money
to buy more cat and donkey rainbow t-shirts,
to spend time in strange conferences
filled with people with blue and pink hair
and septum piercings and all kinds of piercings.
And Solana, I don't have to say much about Sol,
but yeah, just just in comparison
to everything else in the top 15 hype is just the the titan dude it's it's like it's like uh
it's like who do you want to bet on right do you want to bet on randy couture in the late 2000s
like washed up or do you want to bet on Brock Lesnar, right?
He's young, up and coming, has a big background and all that stuff.
He's been tested, right?
Hyperliquid is Brock Lesnar in the late 2000s, okay?
And everything else in the top 15 is Randy Couture, washed up.
You know, he's had a good few title runs,
but his time is over dude so
hey bro do you mind if i just jump in real quick yeah go ahead all right cool so i just look i'm
doing this stuff uh i'm 50 36 years all right my companies right, are in, I own, you know, I sell, I've never bought
an ounce of gold. I make gold, right? And I sell it all the time, all right? So my job is to
maximize my revenues, right? So gold, copper, and these things, they trade with certain tendencies, okay? And they trade with inflation expectations,
interest rates, and currencies, all right?
So for the past 20 years,
since I've been doing this crazy shit, right?
That's first thing in the morning
when I'm drinking my coffee,
inflation expectations, the dollar, and the rates, okay?
And these things get fucking twisted up.
They're not, it's not perfect.
It's not perfect.
And there are dislocations.
And what you have right now, okay?
Anything that is, you know, pre-revenue or early or high beta,
that kind of thing, biotech, some maybe the data centers,
centers, you know, and this kind of stuff, some of the AI stuff and so on, right, is going to be
you know, and this kind of stuff, some of the AI stuff and so on, right?
very, very, very sensitive to rates because when rates go up, right, these things, generally
speaking, are all burning cash and, you know, makes it harder and harder for them to get money,
okay? So that's since the beginning of time, all right? Now, I just put something in the nest, all right?
Everyone should watch this chart closely all the time, okay?
And see what rates are doing in relation to it.
Because this is what's known as inflation expectations.
Like not the CPI that's bullshit to begin with,
but from last month, who gives a fuck about last month?
What I want to know is what's happening in the next 12 months, 24 months.
Good.
Inflation expectations have been collapsing, right?
And if you look here over the past month since this quote unquote war, okay, rates have been flying or were flying until a couple of days ago. So anytime you have that
setup to where rates are going in the opposite direction of inflation expectations, which are
what's supposed to drive rates, rates are supposed to be driven by inflation expectations, you have
a massive dislocation in the market. And in the scenario that we have right now, I can pretty
much guarantee you that rates are way overpriced, right? They are going to turn right around and go
heading straight back the way inflation expectations are because it's inflation expectations that drives
rates, okay? So the opportunity that you have right now, right, is that the street is mispricing risk
assets, right, which, you know, the data centers and the AI stuff and all this stuff and the
Bitcoin and a few other things, biotech potentially, you know, cash intensive things, right, that
need money, right?
Because rate, they're just looking at rates,
right? They're not looking at the inflation expectations.
