Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Market Talk- What’s next?!
Recorded: Feb. 17, 2026 Duration: 1:30:52Space Recording
Short Summary
In a recent discussion, crypto enthusiasts explored the current trends and growth opportunities in the market, highlighting the volatility in precious metals, the potential for Bitcoin to outperform traditional equities, and the implications of the Clarity Act for crypto regulation. The conversation also touched on the promising outlook for altcoins and companies like Palantir, suggesting a dynamic landscape for investors.
Full Transcription
Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Субтитры создавал DimaTorzok so
All you care about is break your back I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go.
I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. I'm going to go. Yeah. That's it, I didn't ruin what I do because
You can rule that lane, you'll make up
It's up to the other, and you'll prime yourself beyond the thing
You carry on, all you bear, all you carry on
All you bear, you waste your mind I don't love it Yeah. Nice. Nice.
Nice.
Nice.
Nice.
Nice.
Nice.
Nice.
Nice.
Nice.
Nice.
Nice. Nice. Ow! I'm done!
Hey! Yeah!
Let's go!
What? Okay. I Music Thank you. Wow.
You down and broke down.
Oh, where's your cow?
Overload of all the stuff.
Keep me from the camp.
I'm heavy from the college.
Don't let me show you.
I'm your pride.
You back.
You back. You back. You back. I'm going to mark your pride! I'm all you bad.
I'm all you care, man.
I'm all you bad.
I'm all you bad.
I'm not afraid.
I'm dying to come to the pain.
I'm all I'm breathing in pain.
I'm dying to come to the sky.
I'm just going to rise. I'm going to feel your own. I Music Yo, what's going on, guys?
Happy Tuesday.
Happy Wednesday.
Welcome back to Market Talk brought to you by BB.
My name's Wabi. I hope you all
had a fantastic long weekend, a long President's Day weekend. Markets were closed yesterday.
So of course, here at BB, we usually don't stream any shows whenever the stock market
is closed. And you guys are going to have to forgive me for a late start today.
I had a dentist appointment and was under some anesthesia.
And after I got back home, I was just absolutely dead tired.
And I was groggy, lethargic.
And I really had to get myself together because it doesn't really make sense to stream if I'm groggy, can't really speak, and I, whether we're exhausted, not exhausted.
And we're going to go ahead and have a great show for you guys today.
And I think the interesting thing is here is the volatility that we're seeing in silver.
First and foremost, I know that has a lot of people shocked.
You had silver essentially becoming the darling lot of people shocked.
You had silver essentially becoming the darling baby of all markets.
Same thing with gold.
And they've corrected quite a bit.
And if you guys have been tuning into the show over the last couple of weeks,
as precious metals were topping out, we were all saying on the show,
myself, Evan, Nock, and a few others were discussing the potential ramifications of the crypto market and also equities should these
assets where volatility is skewed to the upside what's going to happen to these markets and we're
seeing that happening right now we're seeing uh crypto in a very tight range. Volatility is dying out. Not much happening in the on-chain markets. Not much happening in all coins in general outside of the usual shenanigans where you have new tickers spawn out and within two days they go to 15 20 or even 25 mil and that's it so unless you've been
extremely active um in the uh on chain aspect of the market whether it's on base or on soul there
hasn't really been much opportunity to be fruitful unless you're just in front of your computer 24-7.
But personally, I think volatility is going to come back.
It is Chinese New Year.
I think it's this week.
I think it's actually happening today. I think today is the start of a new lunar year, if I'm not mistaken.
Am I right on that, Evan?
Today is like the start of the year of the horse or whatever it's called?
I'm pretty sure
yeah it's the the fire horse february 17th yeah um it aligns with my birthday on yesterday was
my birthday oh happy birthday man yeah thanks man how old are you 55 i'm i'm 18 bro i'm 18.
nah man i i'm 29 now i'm 29 i can't believe i've been doing this since i was 24 man it's crazy
um but yeah yeah man so typically around this time at least since i've been in the markets
since december of 2017 volatility for whatever reason tends to kick off right after Chinese New Year. You can circle back to 2018. We did have that rally from
like six or seven thousand or even eight thousand all the way to what was it? Eleven point five K
all the way up until mid-March of 2018. The echo bubble run in 2019 started around mid-February. We spiked up to 4K around this time.
2020, I think we all know what happened.
It was massive volatility to the downside after we had topped out.
2021, I think we started to rally.
I think Luna bottomed out at like $5, went to $20.
Solana also had a little recovery, and it had a huge run as well all the way up until
april uh 2022 we had that rally from call it 34k 35 all the way to 48 uh 2023 we had actually some
some downside because of uh silicon valley bank 2024 we rallied from, what was it, Evan, like 50, 49K, all the way up until 74.
2025, we had some downside volatility.
We went from like 95 all the way to 80.
So usually around this time, we do have a trending move over the next week or two.
And I'm excited, man.
As long as there's volatility in
the market that's why people go into crypto uh for the s p 500 and i i would i would find it
agreeable if uh we were to go to 6200 on the s p 61 maybe maybe have like a little echo bubble of a
tariff scare not exactly about tariffs but just some geopolitical
stuff um the usual shenanigans right to justify everyone saying oh this this and this happened so
the s&p has to go down by 10 to 12 percent um but i'm not really positioned short at all um
i'm actually i'm actually looking for some opportunities in uh in the altcoin space and
i'd really like to get hood at sub 50 um but i would say if i see hood at like 55 i might
dabble in in some more because i still find it a better prospect to um just allocate more to hood than to Solana are definitely aetherium
if if if I'm being honest as a matter of fact I think Palantir is gonna destroy
aetherium over the next 10 years I really do I have my own thoughts on that
I think Palantir is basically a layup trade from Nvidia.
Same thing with HUD.
I think those are like some of the next trillion dollar trades. And I just think when you look at things like Ethereum and Solana, I just think there's still a lot of hot air that has to be exhausted from those assets from the COVID bubble.
And I think that's something that people really underestimate.
And that's why you saw all this capital in the market sloshing around from asset to asset,
and the ceilings were pathetic. If you were to tell someone in 2021 that after the next Bitcoin
having the highest market cap that you would see for an altcoin would have been 12 billion,
which was Pepe, they would have called that pathetic.coin would have been 12 billion, which was Pepe.
They would have called that pathetic.
They would have called you a liar.
I think Pepe was the only asset in the crypto market that launched during the previous halving
cycle.
I'm going to call it the previous halving cycle because we're now on the next halving
cycle. I'm going to call it the previous halving cycle because we're now on the next halving cycle.
It's the only asset from the previous halving cycle that went over $10 billion and actually had a sustained quarter by quarter run. Everything else was a huge pump and dump that only lasted a
few weeks, barely gave you any chance to get into the chart. And the other tokens like a Celestia and all that other stuff
they were already marked up by such ridiculous valuations that the upside was laughable compared
to previous cycles and I think a lot of people including myself over the last few years FTX
imploded we've realized that the opportunities that we have in the equity markets are honestly
just as great if not greater um than what we saw in uh in the 90s or in the 80s late 80s early 90s
right as tech started to to go crazy after that crash in 87. so those are kind of my opening
thoughts guys i got uncle joe up here haven't spoken to him a couple weeks got Evan up here as well yes and go ahead
show some love to the space you already got you guys already know what to do pick
the spaces tab right above our profile pictures you'll see that link share the
room like retweet the space and all that good stuff we're gonna go ahead and get
rolling spaces are recorded as always i want to thank
everyone that's tuning in right now or listening to the recording so we're gonna go ahead and cook
right now so uncle joe what's going on man how many how many dunks did you pull off at the ymca
this president's day weekend man you're the tallest person on on all of crypto twitter
how are you man Great to have you up.
Hi, Wobby.
How are you?
I didn't hit the YMCA this weekend, unfortunately.
Didn't have time.
So where did you play ball then, man?
Actually, I didn't have a chance to play ball this weekend.
I wish I could have.
It would have been a lot of fun. gets harder with with two kids you know so joe what's what's your uh what's your take on the market man i'm hearing these things about
the the two-year bond or whatever it's called and you know me i don't know a bond from a shoelace
what are you hearing about it that That it hasn't gone no bid?
Or what is your statement?
I don't know, man.
What's going on in the bond market?
I mean, you got a 10-year that's hovering around 4, right?
That's pretty exciting for me, 4.06.
I mean, look, like i i'm just really struggling here with people that seem to have
lost their minds over a a pullback across all markets it's really it's hilarious you got uh
uh nvidia but they they owned poop coin 2.0 brother but that's they owned poop coin 2.0
yeah point 2.0 i mean that's but that but that's i mean listen that's unfortunate but uh
the reality is like you got nvidia at four at 20 times sales now like one of the cheapest it's been in I think I think three years um I mean I
I find it very difficult to be bearish here um I mean I'm just I scroll down some of these
names I mean so many things look really attractive and then you've got the broadening out of the rally.
So I don't, I find it very challenging to paint a bear case.
I mean, you're in the same range you have been in basically for three months, right?
Like we're in the same exact range.
In fact, today I was looking at you, you're at the 100-day moving average, and SPY closed green,
hovering right, actually, it closed down, it sold off, and then it recovered that MA there,
the 100-day, which is the same 100-day we've held, I tweeted this last night, we've held
that 100-day moving average on SPY since basically last March. Maybe it gives way, I mean, obviously,
it gives way that's very bearish, you bearish if it can't hold 100-day.
But even if you look at the 100-day and you move to 200, which the 200 is really the hallmark
of some big bearish move.
Every big bear move has really started with the loss of a 200 the 200 sitting you know on the i'm talking
about the s p just just was it that's like four percent lower um can you can you visit it can you
yeah sure but i just find it very challenging with everything so beaten up here to get overly
bared up and it would be easier for me to get b beard up well it almost slipped out joe what's that
it almost slipped up you're like i find it really hard to be bolt no no what i'm saying is it's it's
it's very hard to be bearish here when you look at the fundamental backdrop which i mean we're
good we're gonna get is empire state manufacturing it's supposed to be a blockbuster number you get you already have some
of the leading economic indicator index like 60 of the basket is telling you re-acceleration of
the economy um you've got modest cooling effects on cpi baked in basically through the middle part
of the year um you've got uh the uh checks that start getting deposited in July, excuse me, with the, what is it called,
the Trump child $1,000, like everybody, every kid who's under two gets $1,000 from the government to
buy an index fund. All that comes baked in in July. I mean, that's pretty awesome, by the way. That's super cool. Yeah, I mean, look, I also think you get this tariff decision from the Supreme Court on Friday, which one of two things can happen on that.
If the court rules with the administration, that means that hundreds of billions of dollars of tariff revenue will not
have to be refunded. But even if it doesn't, right, one of the things that the Trump administration
has floated out there, which I think is why they're waiting, is this idea of stimmy checks,
because they know they're behind in the midterms, and they need to get cash into the hands of
people that are hurting, and they need to counter the
Democratic affordability narrative.
So I think there's a reasonable chance you get a stimulus check bill passed before the
summer.
They can't wait until after the summer because it needs to be felt through the economy and
have all that multiplier effect.
And Trump recently, in an interview, said that he's planning on trying to accelerate
this in the coming weeks.
Like you said, they're working on it.
So Democrats aren't going to vote against a stimulus check.
That would be political suicide.
So I think you can get that into the mix here.
I mean, I don't know.
I mean, I've said this, you know,
I understand that certain names have gotten completely crushed,
one of which is Bitcoin, which is 45% off the all-time high.
But you've also got Netflix, which is 42 45 off the all-time high but you've also got netflix which
is 42 off the all-time high microsoft 30 off the all-time high meta 20 so like so much of the
damage has been done and the overall indice is like you know four percent from an all-time high
i think it's actually less than that um people can say that's bearish I view that as very bullish I mean that that's
that's incredible rotation um so I just I struggle here with the the bear narrative I don't understand
it it's sort of confounding me um and I'm talking about stocks specifically like I don't I don't get
it like what is the most bearish thing about stocks here other than oh the chart looks bad like which i don't
okay i mean it's fine but what what is what is the reason what is the fundamental reason is there any
now prometheus come on in man the door's open yo yo yo um i mean to counter jo's point, I do think that there's great value in certain names.
Absolutely.
It's been a very interesting rotation, right?
People have been kind of lulled into the tech trade the past 24 months.
And I think probably the majority of traders or people that participate in these markets weren't expecting energy to pop off like it did.
The one thing that I will say is, and I've kind of been talking about this to counter Joe's point a little bit,
is that the AI trade has largely been supportive, has been the supporting flow within the market.
supportive has been the supporting flow within the market. And unless CapEx continues to expand
beyond what is currently already known, I think that probably the majority of
the AI trade is probably priced in at this point. And he said like NVIDIA is trading, I think he said 20 times price to sales.
And NVIDIA is finally starting to see a little bit of a consolidation period, rightfully so. I mean,
it went up only for three years. And these consolidation and cool off periods are definitely needed within the market.
You know, that's kind of the question that is, you know, the billion dollar, million dollar, whatever amount, you know, question is, you know, is this just a 30 percent pullback or are,
you know, the markets lining up for a broader, a broader pullback?
up for a broader a broader pullback uh some people are wondering you know is there kind of like this
liquidity um retraction event going on that's going to be potentially systemic to some of these names
um what does that mean liquidity retraction yeah just i mean if you look on it from you know the standpoint of like crypto for instance right
and i use this analogy quite often um crypto is one of the most liquidity sensitive asset classes
there are um i don't agree with that by the way i don't i don't think there's any data to support
that but really yeah i mean look look you you have massive government spending for the last two years you had deficit to gdp is six
percent which from a historical basis just you want to talk about liquidity that's basically
only happens in wartime you know massive fiscal stimulus you got to see a fiscal stimulus coming
as we just noted like potentially stimmy checks and $1,000 in the economy and, you know, rates have been, you know, cut three times.
And what has crypto done? Crypto has tanked.
You didn't get any alt season, right?
Like, you guys talk about this all the time.
Like, there are these mini bursts where, like, one or two things things like hyperliquid, you know, pop off.
But the vast majority of it has been garbage.
It hasn't like moved at all across all of it.
You had like a meme coin season.
Then you had like a hyperliquid season.
Then you had the AI, Wabi's favorite, you know, AI coins popping off.
But like those are narratives and hype.
Those aren't like liquidity.
I don't really see the evidence.
I mean, remember people, Prometheus used to to share this and i used to fade it pretty hard this stupid m2
chart in bitcoin and show how m2's forecasting bitcoin is going to go to like 190 and at the
time i was like this is the dumbest thing i've ever seen my best post was shitting on the m2
argument it's so but so so this is why i don't understand like
i would you know i'm just just reasonably i'm pushing back because i don't i don't understand
why people think like oh it's a crypto response to liquidity i mean liquidity is probably by some
metrics at an all-time high and bitcoin is like struggling and a lot of other assets are struggling
so i don't i don't i don't understand yeah and i I mean, too, not from necessarily a broader economic liquidity perspective,
but also from kind of like a retail liquidity perspective.
Especially looking at like disposable incomes,
and you look at the chart,
I forget what the ticker is,
it's some ridiculously long numbers and letters,
but disposable incomes below 2017 levels right
oh yeah that that I buy I mean like unsophisticated middle class and poor people don't have a lot of
disposable income so if that's what you mean by liquidity yeah yeah um not from like a broader
economic perspective like I understand there's a lot of simulative factors within the market right now, but the retail flows are important for crypto specifically.
And as we've seen, retail liquidity has become quite sparse and quite dry, and crypto is extremely sensitive to that.
to that, but equities are not, obviously. And so the beautiful thing that equities have that
But equities are not, obviously.
crypto doesn't is significant passive flows. And if I'm just looking across the sector from a
technical perspective, like I look at volatility structures, I at the SMP unable to break above 7,000 dealers just
unwinding into that level and to me the setup does look fairly similar to the beginning of 25
I will say and mine validation has been this kind of with the guys in the discord
and here on on twitter if you can get above 7,000 and you stop seeing
dealers really meaningfully unwind into that level, you get a strong weekly close above there.
Volatility can then hopefully start to come down. And what I mean by that is volatility
sellers step into the market meaningfully, then absolutely things start to look very,
very, very good.
And you probably see the S&P by the end of Q2, probably around, or SPX, excuse me, around
7,500 to 7,600 would be my guess based off of the flows that I'm watching come into the
market.
And that's kind of where I'm at.
I think it's a little bit one of those things where, okay, if you enter into the market
now, you can always average down into your positions in case we do get a broader scale
pullback. But with just crypto and from a technical perspective, what we usually see
is a multi-month range at the lows. And we get that i think it's a fantastic buying opportunity and i really don't care what price it is um if it shows itself uh if it shows us that and it shows
itself i think you take that stab no matter the price like people paint themselves into a corner
too much and specifically what we saw in the bull market everybody's saying like no i'm not going to
sell my bitcoin to like 150 160 170 180 000 right And then I'll look to sell. But instead of, you know, looking at specifically a, you know,
a specific dollar amount, like just look at, just look at Bitcoin will tell you, right? It'll become
exhaustive. It became exhaustive to the upside. And at a point, it'll become exhausted to the upside and at a point it'll become exhausted to the downside and that's your trigger to get
long um and you just kind of have to be patient and that's what a lot of people have a difficult
time doing uh for whatever reason is you know people have a tough time sitting on their hands
and waiting for the opportunity to present itself and they want to force their ideology on the
market when the market really doesn't care.
And so that's kind of what I'm preaching right now is just patience in the market.
And we'll see if it's going to be a broader pullback or not.
I think that we probably do.
But, you know, we'll obviously see.
And I'd love to be proven wrong.
Evan, what are you saying, brother? How brother how are you man how was your long weekends
i saw you were in mars bro oh yeah yeah doing well yeah i mean a lot of good points there i think
that you know well for in terms of like let's start with nasdaq s p 500 i mean on the bright
like the good things is like you know you mentioned robin hood you mentioned netflix bitcoin i think more most of the pain i think we all most of us would agree most of the
pain is gone and i think you're in a pretty good like dca area um for what which are what good for
whatever every well i mean everything bitcoin wow nasdaq bitcoin well but not not not every single
thing but nasdaq bitcoin i mean i don't know about netflix i don't really look single thing. Nasdaq, Bitcoin. I mean, I don't know about Netflix.
I don't really look at individual stocks.
The Nasdaq's down 5%, buddy. It's down 5%.
Yeah, well...
Not even a correction by old...
He just called you buddy, man.
Evan is my buddy. Evan is my buddy.
Yeah, yeah.
Evan, how tall are you, bro?
I'm arguably 6'3 oh damn well
joe has you beaten by like three inches he's 6'6 okay yeah yeah that's not the first time he's been
beaten by three inches okay all right um gotta love zoomers gotta love them um
i've been laughing the entire time during this.
Well, a lot of the time during this space has been entertaining, but let me get back to
this.
So I think, you know, my consensus has been for NASDAQ this year, like the 10 to 15%
down.
I mean, it probably wouldn't be as, I mean, we're 6% down right now.
So if you were to DCA into the end of the year, I mean, you'd probably get good places
in the NASDAQ, I would think.
I mean, my worst case scenario for this year is probably 538, which is 15.
I mean, he could go lower.
I don't know.
But I think the stuff that's more volatile generally a lot of times can bottom before
things.
MicroStrategy bottomed before Bitcoin, before
ETH even, you know, last bear market. So stuff like Robinhood, I think the same principle applies
too. So I think more of your pain is probably gone for a lot of these things, I think, you know,
especially Bitcoin too. I mean, I do think that, go ahead. Evan, can i ask you about this because this is something i'm curious sure
if if if the nasdaq which is down five percent is going to head lower from here let's just assume
that's the case because i think that's probably consensus sure um what does microsoft do one of
the biggest stocks in the nasdaq which is down three thirty percent or what does microsoft do uh
well are microsoft going to go down like back to like the 2022 lows is it going to go to like 220
do people no i don't think so i think i think microsoft could be under undervalued versus the
nasdaq right now it could it could now microsoft is hitting a huge area against the nasdaq so
microsoft may not go down my the nasdaq could underperform microsoft um that's definitely how
is that going to work because if microsoft starts going up from here how is i mean well no microsoft
would just go down less it would be choppy sideways you still think there's some uh air
that needs to be let out of the tire and with microsoft either sideways or down more but i think it's got a good shot about performing the uh triple
q i mean it's down let's see it's down 30 yeah okay yeah the total correction to the bottom is
32 percent i mean if we zoom in so it i would i would think in all likelihood that microsoft would either go sideways
against the triple q or it would jump a little bit against the nasdaq on the way down farther
that's what i would guess um and i think the same thing could be kind of you know you see this a lot
like i mean the example i brought up earlier micro strategy that could be have bottomed out
while bitcoin could go all the way down to maybe
48 or 50K. That's kind of what happened in the last bear market. Would I bet the farm on that?
No, absolutely not. And if micro strategy makes a lower low against Bitcoin that we saw,
I would convert it back to Bitcoin. That's one of the strategies I kind of use there.
Very little downside, very high upside potential. So
going back to Bitcoin in the short term, I think this is kind of a range-bound market potentially
into the end of this month, even early March. This is one of those times where it's probably
those breakout targets probably. You're either going to break upward. You could have a fake out up to 73K. That's a pretty big point.
But if you do break upward, 76, 77K are good places to look. If you break downward, and I
think that's probably the more likely case, you have one target around 62K, which would be a higher
low right there. I do think that when you zoom out a little bit and you look at Bitcoin,
the big place that I've really looked at, and that's kind of like the worst case scenario would be like the two week 200 SMA.
That's currently around 40K, but I don't think you would, by the time you actually hit that, it would be like mid to high 40s at least.
The 300 weekly, not the 200, the 300 weekly moving average is also a big place, I think a really big place.
And that was the COVID low just about.
We went below it during FTX, but you probably, without FTX, you probably would have not really gone below that.
Last bear market, that's currently at 51K.
If I had to guess where you'd bottom out, it could be, you know, 50 to 55K.
I do think this will be a much milder version of 2022.
I also think that you don't necessarily, like if the NASDAQ goes down, let's say, another
10% for a 15% correction in total, like Bitcoin doesn't have to go down to 35K or even 40K.
It could go down to 50K or 48K, and I think you'd be fine.
It could outperform the NASDAQ a little bit in that type of situation.
So, I mean, things move in their own place.
It's not going to be 100%, you know, one way or the other.
That's just like I think, you know, Robinhood probably has felt more than half of its pain,
while maybe the NASDAQ hasn't felt the full amount of its pain.
Maybe the NASDAQ hasn't felt the full amount of its pain.
S&P 500, that could, that probably in all likelihood would outperform the NASDAQ this
year, just like in Berkshire Hathaway, for example.
What about emerging markets, EEM?
Are we going to tag seven units here?
Those are tough, man.
I do think that energy and consumer staples may outperform EEM.
That looks like that may roll over on those.
So the trade I would make with that right now,
I'd be more bullish on energy or like XLE or XLP.
I want to look at EEM versus S&P 500,
I think is still bullish though.
So I think that's got a good shot
of outperforming the S&P 500.
I would be careful with that though. People of outperforming the S&P 500. I would be careful with that though.
People get spooked when the S&P 500
has a five or 10% correction.
So that's tougher to say.
It does look pretty good on the macro though.
But if I were to buy,
I would be more bullish on XLP and XLE right now,
especially XLP is a good bet, I think.
But obviously if you're just trying
to outperform the sp500 you got a good shot with like xlp you got a good shot with xle you got a
very good shot with berkshire hathaway right now for the next you know four to six months what
about the kre and kre getting regional banks go to 80 i haven't looked at that man um i i'd have
to chart i don't that that's done well i mean it'll probably let's
look at that versus uh spy let's see if that could upperform spy right here yeah probably man it'll
probably come up um i'd have to study that more but probably probably will do well i don't see why
not it's not something i've ever been owned or really charted too much but yeah um what i wanted
to say quickly if we get into, what was I going to say?
That was big.
We went over Bitcoin.
Yeah, I mean, right now, I think that, you know,
generally you got a good shot of the S&P 500
outperforming Bitcoin for the next few months.
I think the big kind of trade would be from spy to Bitcoin,
like in the summer.
And even if we, you know, think all the doomsday or stuff,
like Bitcoin doesn't make a new all-time high, you know,
into the end of this decade or all that type of stuff. I think you're still going to be able to, you know think all the doomsday or stuff like bitcoin doesn't make a new all-time high you know into the end of this decade or all that type of stuff i think i think you're still going to be
able to you know perform the outperform the s&p 500 of bitcoin for a few years as you generally
have um i do think like the riskiest freaking thing that like if it's like freaking micro
strategy last bear market bmnr and you gotta be careful talking about that high high risk but
there's potential
upside if that is bottomed, if that does what MicroStrategy did last bear market, but it seems
sketchier. So, I mean, I wouldn't bet a lot of money on that. Like if you were like 80% MicroStrategy,
maybe 20% BMNR. And then if you, if you look at the BMNR versus MicroStrategy, if it makes a lower
low, I would probably just convert to MicroStrategy. And thenrostrategy if it makes a lower low i would probably just convert to microstrategy and then if microstrategy makes a lower low against bitcoin i would convert back to
bitcoin for there so they're just very low risk high reward kind of plays you do need to set your
alerts and you know convert back if the um the trade doesn't play out i mean what you could also
do um is do some like cash secured puts on bmR at like 16 below the low. And then you keep
getting like maybe 4% a month, assuming the thing is bottomed out kind of, that could be one strategy
and then, you know, buy it when, and then if it, or if it hits, you would just take that money,
convert it over to like Bitcoin right away because it's invalidated. You made a lower low. So
there's a couple of different ways to play it. I do think that the wheel strategy for options, people, if you're not into options, you know, who cares,
but you know, wheel strategy for things like Ibit right now are pretty good because I would think
long consolidation. Like, I don't think, I don't think Bitcoin's going to jump back up to a hundred
K anytime soon. Like, I mean, maybe quarter four or something, if things really play out well or
early next year, but I think you're in a long accumulation phase.
And things like the wheel strategy work really well in that because you would get kind of 4% a month for maybe six to eight months on average.
And I mean, you can't really get that anywhere.
You'd probably outperform the S&P 500 by quite a bit.
So there's those strategies.
There's a lot of things you could look into.
But I think it's more so about kind of preserving your wealth.
I think that DCAing Bitcoin, you know, next to six to eight months is probably the magic
thing for crypto.
And I think that, you know, Palantir, I do like Palantir.
I know Wabi mentioned Palantir.
I do like Palantir.
Probably has had a good shot of outperforming ETH, you know, in years to come, potentially.
I do think the sweet spot for that is probably going to be over the summer,
but DCAing that, you know, starting now is probably not a terrible idea.
So, yeah.
Study the Palantir to ETH rotation in 2028, man.
Imagine if that's a thing.
Oh, real quick, the MicroSt strategy looks really good against palantir though
right now that looks like that could have hit a bottom i think so yeah
all right i i have a huge issue being bullish on mstr moving forward against a lot of these other
names um specifically hood i think the michael sailor story is done i said this last year around this time actually
and um i just don't find anything to get excited about why do you think uh why do you think gold
is 13 off its high i think i think it's because some people click the sell button but i could be
wrong they pounded the sell button so there's no's no macroeconomic calamity or there's no...
Joe, the only macro I know is macaroni and cheese, dude.
That's really the only...
Silver looks terrible, too.
Silver looks really bad.
Those worked perfect.
Silver topped out right when the Fed paused.
It had its monetary policy for those, I think.
What are you talking about?
Silver topped when they named Kevin Warsh.
That was right when they paused, though.
Same time.
Right?
Joe, what's your thoughts on the Clarity Act?
I think the bill as it's currently drafted is better than no bill.
And I think it would be a tragedy if we
can't get a bill across the line and we have to, again, be subject to the whim of a future
administration that may be hostile towards crypto. And I don't view that as a good thing.
And if you've ever counseled people, some legislative clarity is better than none.
Because at least I can look at the text of a law and say, here's what I think based on some, you know, considered judgment.
Whereas with other, you know, other situations, I have to analyze 14 different cases.
different cases each have uh you know regulation by enforcement principles where they're unique
and different circumstances and they evolve and shift depending on the personnel occupying the
chairs and their discretion so to me like i don't like that i want to have at least something in
place uh to be able to counsel people but i'm you know i'm biased because of that because i like do
that for a living but i i don't hey joe what what parts of the and i can i can only stay a few
minutes 11 minutes guys i'm gonna do the debate with grant and uh matt cole on mining but you're
doing a debate yeah what what part of the uh what part of the bill if you've read it i haven't read
it yet what part of the bill don't you like i don't like the aspect of the crypto rewards being unable to be issued. This
is the big Brian Armstrong element that they're on an even keel with money markets and stable
coin analysis. I think that's problematic. I think there are issues about the ability for certain financial surveillance to be in question with registration requirements.
I think that is a problematic aspect of it, and many commentators have pointed that out.
And then, you know, most notably, I think the issue that you have to think about whenever
you're talking about the Clarity Act is, you know, you're setting up these bureaucracies
behind the scenes, and there's supposed to be clear guidance as to what CFTC can do and what
the SEC can do and delegations of authority. And I think some of that could be far more precise.
And that's really the whole point. Like, if you step back, the ostensible goal of the bill was to try to provide a clear,
fast-track framework without it being overly expensive and burdensome for entrepreneurs and
people trying to bring assets to market to be able to do it in a streamlined, efficient way.
That's the overarching premise, right? And I think Congress largely agrees with that.
There's bipartisan consensus on the why, like why we need to do
this to promote innovation, but there's not bipartisan consensus on the how. It's like the
devil's always in the details, and this is very common in public policy. So you have to sort of
drill down what exactly you want in terms of the streamlined process and who gets to decide what.
of the streamlined process and who gets to decide what.
Now, I do think that there need to be tighter ethic rules, but the Democrats have used the
Trump meme coin and other overtures, crypto ventures by the Trump family as sort of a
they're holding it up in exchange for the bill.
Basically, they're requiring certain conditions be put in there,
stronger limits on senior officials and the president profiting for the crypto market.
I don't like that that is caught in the mix. I do think there needs to be an ethics component
because of the way the technology works, but it can't be one so draconian that it
prevents some of these people from getting involved in public markets.
some of these people from getting involved in public markets.
Thanks.
Thanks.
Do you think the – is there any piece of that, in particular the first one, where they
can't compete with the banks commercially?
That is what they're saying, right?
Hey, we're not going to allow you to offer the same rates, although we're going to ask
you to jump through the same hoops.
Oh, yeah.
No, I mean, that's some of the—
For me, that's a bill that I wouldn't—
The yield-like stablecoin products.
I would rather not have that bill.
I think that's—
Well, here's the problem.
That locks you up forever.
Here's the problem.
And amending this is going to be a fucking bitch, dude.
I don't know if that's true.
I mean, here's the problem.
When you try to do an omnibus bill like this, because it's addressing so many different things.
It's addressing DeFi and software developers and non-custodial wallets and regulated intermediaries.
When you try to do that, if you were in Congress or I was in Congress, we would have to have, I mean, every single bill that comes across for a vote in front of us, there's good and there's bad.
There's an old saying that you can't let, you know, the perfect be the enemy of the good.
You're never going to get a bill where you like everything in it. And a lot of congressmen have to
sorry, I got to go in a second. But a lot of congressmen have to make a tradeoff, right? They
have to say, Gary, like, I like 80% of the bill.
I hate 20% of it.
So what am I going to do?
I'm going to vote for it or against it?
That's the question.
Is Gary still there?
No, he dropped off.
He's a listener now.
Okay.
Okay.
I got it.
I got it.
I think Joe's about to drop off.
I'll pass it over to you, Josh.
Josh, what's going on, man?
How are you? How was your long weekend?
My bad. I was lagging out, too.
I thought I heard Josh.
No, it's good, man. It's been incredible.
I just got done filming at Scott Melker's studio.
They've been letting me do that as I just moved down to tampa st pete area to launch our live show uh we just
held the first one so it's it's been a good time just been getting to meet up with a lot of the
partners down here we were working with the arc investment innovation center um they got some
really cool stuff going on there too uh but just been setting it up man i haven't it's actually
been both the best week and the the least active I've been in the crypto markets.
I don't think I've looked at Bitcoin's chart in seven days.
I feel like I'm completely rejuvenated.
I'm scared to look at it.
I don't know where it's at right now, but it's been good.
It's been good.
How you guys been?
Doing great, man.
Doing fantastic.
Just kind of wondering when we're going to have the next trending move to the upside or the downside.
I'd give it like three weeks, though. I think we either make new lows or we break out of this range in like three to five weeks.
Yeah, I mean, it definitely feels like we finally hit that accumulation.
So I've had the opportunity to listen and see everybody speak up here for some time.
I was listening to a lot of what Evan was saying saying I think I agree a lot with you know the accumulation ranges I think right now people that are chasing the next big short, you know, it's like
Markets are down. It's like of course we can try and lower
I wouldn't be shocked if Bitcoin retested 60k or maybe short-term drop below the 50 into the 50s
but it does feel like a lot of the
fear in the markets just kind of rolled over into more
depression and just consistency at this level. So I don't know if that's going to just correlate
completely to an accumulation range, but I would agree with you. I think we're like three to five
weeks away from seeing the next extension here. There's a lot coming up though. So I don't know
if we're actually going to see any stimulus get injected into these markets that the admin's been
talking about. I would argue that if they're actually going to see any stimulus get injected into these markets that the admin's been talking about.
I would argue that if they're going to do anything revolving around stimulus, you're probably looking at that closer to midterms.
So I want to be relying on that in the short term. But, you know, markets are active.
There's still trends everywhere. I think narratives wise, you're going to be looking at stable coins and, you know, the money markets.
But that's still more institutional. And then, of course, the predictions, they're still capturing a huge, huge atmosphere right now
in terms of, I think, the retail audience, but it's very, very micro right now.
It's very, very small.
But I don't think much has changed.
I don't know if you guys have been looking at anything recently other than like, you know,
I've been watching Coinbase a lot with Brian Armstrong.
Obviously, he's been selling off and diversifying his assets upwards of like 550 million now.
But he was at Davos, you know, speaking how tokenization of equity markets.
I think, you know, we got to really be paying attention to just the tokenization plays that could spark in the next three to five weeks.
But all that's going to take time.
And, you know, unfortunately, I don't know if you guys see anything right now that I'm missing out on.
But I think trend-wise, it's going to be very, very, very small.
I don't know where we see liquidity just getting injected too quickly.
I don't know if we're going to see like a billion-dollar meme spawn anytime soon.
I don't think so, man.
I think Penguin was like, if there was any meme that was going to go to a billion in this environment would have been penguin um that was like the hottest viral tiktok meme for weeks for weeks
and it capped out at like 150 you had the white house tweet about it indirectly they were making
memes uh every every every like big retail store even stuff like walmart and target were making like
penguin memes and yeah it just did it it topped out at the usual range where soul shit coins
uh top out at when soul is not doing the best what were you saying
i said oh my bad i didn't mean i'm unmute for the full time. I think Peanut made like, which if anybody watches him, he's like averaging over 100,000 viewers on YouTube.
It's like, so meme wise, that thing would have sparked.
But to your point, it didn't even capture that.
So I think it's, I agree with you.
There's a very limited amount of liquidity in the meme markets right now.
And cycle wise, I think it should be all focused on accumulation right now unless you're starting to trade equities which there's
a lot of very intelligent people on these panels i heard joe speaking a little bit earlier as well
so if you're chasing like actual equity markets or commodities or you know some form of precious
metal whether it's a copper market or whatever you want to trade i think you're talking about
regional banks as well uh crypto wise yeah i don't know don't know what, for me right now, I'm so interested in all this vibe coding, man.
Like watching OpenClaw and everything just explode.
I am so interested in seeing how all these L2s and L1s
start restructuring the development teams
and start capturing these AI agent models.
Because I don't know if you've been following anything in that world,
but it is insane how fast it's advancing. And it's going to change every DeFi protocol. I think it's going to crush or at least cause new narratives to spawn
in the next six to 12 months. Yeah, narratives is true. Liquidity
injections, I'm not sure. A lot of the liquidity that came in during the election
rally got obliterated with uh with trump and melania coin um joe was speaking about that as
well like you have all these narratives and all that stuff but that liquidity does not stay in
the market there's no incentive to stay in the market um you need unsophisticated capital, and that would include people that are in Palantir, NVIDIA, Micron, SanDisk.
You need that capital to come over here.
And maybe with this, like, OpenClaud and CloudBot and all that other stuff,
it does spawn something like U4 of 2024, but something even bigger,
which I do think could happen at some point.
You would just need so many things to happen.
And the first thing is Ethan Solana back in a higher time frame uptrend.
That's what you would need.
And I think this whole thing with Bitcoin dominance and –
dude, there's a profile called Mossad that's requesting to speak.
That's wild, man.
Anyways. Welcome to the state, Jeffrey. profile called massad that's requesting to speak that's that's wild man anyways um
not just the profile that says massad but anyways um you need to call an ethan and uptrend like
bitcoin dominance is kind of a larp because dude the all you can't compare the altcoin space compared to 2017.
And things like Total 3, they went up this cycle a good amount because you had these, like, products that had private investor price discovery.
You bought at, like, 15 mil val, and they launch at 2 bill, 3 bill, FDV, and that gets injected into into the total three chart you had a lot of dilution and not liquidity injection and now that i think people have kind of
gravitated away from um buying these new vc launches they're just going to gamble on chain
i think people would rather blow up on chain than blow up because of because of some millennial that works for paradigm.
I think that's like the thing.
And honestly, man, like I go through I go through crypto, the crypto Twitter tech algorithm, like people that just talk about the tech.
I don't know what the fuck they're talking about, and i don't think they know what they're talking about i think they're just sponsored by a lot of these paradigm products or coinbase
venture products they're given a script and then they just yap to their niche audience man
um honestly i look at some of the terminology that they speak about and i'm like man i don't even think they believe their own bullshit i i i i i really don't which just strengthens it strengthens my thesis on um
just crypto majors just bleeding against some of these names inequities um and we have trump in
office and i think by now we all know that the stock market favors Trump rather than the crypto market.
Crypto is kind of like a green light to Trump's approval rating, probably more than anything.
And I do think his approval rating probably goes up going into midterms if this whole thing with the stimmies and all that goes through did you hear about that josh like whatever drill was
talking about do you think that's going to happen with the stimulus checks like uh in tax packs or
what specifically oh what was it prometheus like for every child to 2k or something yeah yeah oh yeah he's he's driving man josh i don't want you to
to get into an accident man i'll pass it over to prometheus in the meantime prometheus what
are you saying man how are you feeling uh feeling good brother i'm driving too so man you people you people are
are mutants man i tell you what you know i actually takes the money that's what we have
to chase it we're finding that liquidity yeah yeah man um yeah I still remember when, like, silver was topping out.
I had someone IRL ask me if, like, I can find them quarters.
And that was, man, that was something else.
I tell you what, that really was something else.
But, yeah, these STEMI packages, man,
they're probably going to go into Palantir and not ETH.
ETH needs – I don't think ETH needs anything, man.
There's not much to improve upon at all.
They've done everything.
The thing is now like 12 years old.
It's been almost 12 years since um since the ico so
what else is there left to do um as far as ai agents i think most of that stuff lately it's
been happening on um on base but base having good activity doesn't really correlate to Ethereum price doing tremendously
well.
And we saw that from March of 2024 all the way till June of 2024.
We saw a ton of alts on base do well.
Same thing from November of 2024 to January of 2025.
You had ETH topping out right after Thanksgiving weekend.
And after that, you had a ton of stuff going crazy on base.
And ETH was just doing a whole lot of nothing, man.
That's kind of my take.
Bobby, did you see Sailboat's post?
Who's that uh rb3k i think it's he goes by arbek but he's one of the like guys that's you know been an absolute killer in the base trenches
over the past 12 months he essentially tweeted out today yeah he him his group and then a few
other names were like the primary people calling out all the hitters on
base but he came out today and said that um like people are like flocking leaving in droves
um from base like you know actual projects they're gutting their projects they're leaving
um and coinbase 2 came out and said that they are probably going to be more focused on
tokenizing equities um and probably getting away from base a little bit which is kind of crazy
yeah which kind of sucks because i really like ray it's like one of the few ai projects that's actually like real bro and
virtues man yeah yeah those two projects man um virtuals could have gone to top 20
ray could have gone to like top 40 if anyone actually knows anything about ai like you wouldn't
know how insane ray is it's just like the token component is that makes it tricky man that makes it tricky
but it's probably one of like the only real ai that you can use and it's fucking insane um
and it's not like tau where it's just tau is just uh it's like a polka dot derivative and they slap ai on it um and that thing has been
permatop for like two years now and i don't think it's coming back like ever not not in the force
that it was uh no they gotta rewrite they gotta they gotta bring it down to back to basics and
do something else and they're gonna pop off again yeah because tau tau had that like early monero effect right where you had to go to the back of a 7-eleven
to buy a single token right like you had to message a discord kitten um from uh from a server
and they'd meet you at the back of a 7-eleven and you'd buy some towel off of them, right? You either pay them in Snickers bars or,
I don't know, like hot dogs, donuts, and they'd give you some towel, right? Same thing with Monero.
Monero, a lot of it was peer-to-peer. You know, you give them a couple of beers and
they give you some Monero, right? That's the vibe that it has to give.
Yeah, Wabi's a big beer drinker wabi loves his
beer oh of course i do man but anyways man um it's like caspa when when caspa was trending in 2023
dude it was like it had that like cyberpunk feel right it wasn't this mainstream thing that was
like in front of everyone's face where you had Bitcoin miners buying into it and all this stuff.
And the whole structure of it just went to crap.
You know, they started getting listed on all these exchanges, basically writing a eulogy.
That's what it is for a lot of these projects that are launched and they start getting listed on exchanges. That's a eulogy, man. That is a eulogy that's what it is for a lot of these projects that are launched and they start getting
listed on exchanges that's a eulogy man that is a eulogy and then once once binance lists them while
they're in the fucking morgue at that point they're in the morgue they're in the morgue
you know incoming catalysts coming right and then it then it pulls back. And then the worst thing, the worst thing, man, is like, when a token comes out, it goes to a certain market cap. And then it has like its second pullback, right? The first pullback shakes everyone out. And then the second pullback is when these people generate exit liquidity. And they're like, Oh, look at this pattern it's like popcat you know it's like like whiff when
it first came out you know it's like xyz token that had all the wind on its sails because trump
was going to be president it's going to be just like that token and then it's over man and then
it's over and all these bullshit headlines come in where it's like listings and all of that and right now
getting exchange listings is like the worst thing you can do for a token man um quite frankly i
think everything is automated now um i don't think many people even log on to things like
bybit anymore i think a lot of this stuff is automated on stuff like Hyperliquid and stuff like that, especially during environments like this.
You know, like who the fuck wants to be super active in market conditions like this where there's little liquidity in crypto, right?
In crypto.
But you still have like the occasional LARP token, right?
It's like it comes out, goes to 15, 25 mil.
Um, then the callers come out and they say, oh man, there's so much to do in this market.
There's so many cooks.
We're still cooking.
I don't know what you're talking about.
Skill issue.
And then the worst thing about it is like, they say, oh, how was sentiment so bad right
now?
I look at the fear and greed index.
I've never seen it this low before.
It's like, brother, are you stupid?
You look at the last three years, Bitcoin is up 200 plus percent against ETH.
You understand ETH is barely up like 80% from the FTX low and Bitcoin's up like 4X from the ftx low that's pain bro it's not the fear and greed index
or any stuff like that um uh that's kind of a rant but that's what i have to say any of you guys can
say anything else man prometheus or joshua i mean dude you're cooking it's like i agree with
everything you're saying it's it's i mean look at what just like nothing's
happening in crypto and you see like logan paul still somehow shilling 16.5 million dollar pokemon
cards that are psa grade eight at best and it's like you know the grift has changed grifts and so
it's like the reason why i'm bringing that up is just like go to where the retail attention is is
there is no retail attention in crypto. There's definitely
no retail attention in tokenized equities. No retail crypto holder likes Coinbase coming out
and saying we're all in this together as they sell off half a billion dollars in stocks and
then try to relate to the retail crowd that's down 99% by quote tweeting on Twitter, bullshit
fucking marketing plots or like adding subway
fucking surfers to your earnings report, because that's how you look at your retail audiences.
They have no attention span that they have to watch some high saturation.
Did you see that, bro?
Subway bullshit.
Yeah, they did the maze runner shit, dude.
What would the earnings call?
It's like, it's incredible to me.
And some people are like, oh, well, the Coinbase bad was amazing.
Fuck you, dude.
They spent $30 million on that, flew private,
jerked each other off on their fucking private jet,
and had a blast at the fucking Super Bowl.
Dude, 99.9% of users on Coinbase couldn't even afford to fucking watch the Super Bowl
because they can't even afford a fucking cable TV, dude.
That's what this
industry has such a problem right now with just like marketing and i was talking about this on a
panel the other night because i just realized like how shit crypto events are too it's like
if you go to a crypto events these companies spend a million dollars to fly out literally like
tier two prostitutes pretty much that just work for money. I know nothing about crypto to talk to all these isolated nerds that think
Charles Hoskinson,
who's wearing fucking ant gloves is going to pump your crypto to a 30,
40 billion dollar market cap.
Is he dancing naked and the fucking Amazon it's,
we need to see such a huge shift and how marketing and products are deployed
in crypto,
because I feel this is just someone that's,
I'm loving running these trading tournaments,
but people are talking about trading commodities now
and like tokenized equities
because they have like real maturity.
They're not, you know,
you're not worried that some insider
is going to dump a 50 billion
or $50 million clip on Binance
and dump your token by 15%.
And now like all of that attention has left a space.
No one's adding more margins back into the market.
Everybody is broke because they're at all time high debt.
They've maxed out their credit cards.
They're praying to God Donald Trump could actually give them some stimulus money.
I agree with you, Wabi.
I have no idea where all these fake like LARPers think liquidity is going to come from.
But sure, liquidity can enter this market.
But the question is like, can your project actually retain that liquidity?
Is that liquidity just going to get washed? Or is it going to? And there's a clear answer.
Everything that enters this market right now is straight up going to get washed out
from a liquidity perspective. So we need to see a huge change. I would love to see our like actual
like big exchanges start to focus like on standing up for retail because someone was talking about
this a little bit earlier with the Clarity Act. I agree that there's like some legislation is better than any legislation.
But I do not agree with like Coinbase coming out and trying to act as if they're standing up for retail.
When the only reason why they're actually trying to get the exchange fees and switch up the legislation is because they're fighting against the banks.
They want to accrue more fees.
So literally Brian Armstrong could just sell off even more stock.
It's all insider.
It's all cabal right now.
If you want to make money, I think it's like literally, dude, it's accumulations, but you really need to be focusing on stuff that has real value.
I think we're finally starting to see a structural shift in these markets where people don't want LARP tokens.
They want to see their actual value of their investment.
yeah i think hyper liquid would probably be the the tokenized that like the tokenization play is
actually hyper liquid now and not even eth because hyper liquid is actually liquid in the derivatives
market not derivatives excuse me commodities market um like if you actually think about it man the people that
caused the drop in gold and silver they need to fix the funding on their platform by the way with
commodities which will come in time but the funding is atrocious but prometheus can you
imagine dude like the person that caused the dip on gold and silver was probably someone trading on hyperliquid, bro, wearing like a cat T-shirt.
Maybe hasn't showered in two days.
Yeah, the basement dwelling neckbeard blowing Jamie Dimon out of his position.
That would be funny, man.
There are a lot of people requesting to speak, but honestly, I am so terrified.
I am so terrified in bringing some of these people up.
But I'm going to bring up Tolberry.
I see he has a mutual.
I'm not bringing anyone else, man, that's requesting to speak, uh, or that's currently
requested.
But if anyone in the audience wants to request to speak, um, I just ask, please don't be
a freak.
Uh, but you can click the spaces tab.
And once you guys do that bottom left, there'll be a mic and I'll bring you right on up.
If you guys are enjoying the stream right now, give everyone a follow,
and follow the BecauseBitcoin account.
Evan, is there anything else you want to say, man,
before I pass it on over to the people that are requesting?
Yeah, I mean, not too much, man.
I mean, it's just, I'll talk about short-term a tiny bit.
I mean, I do think short-term,
you get a good shot of making it back to the highs of this range.
I mean, you could be range-bound for a while more.
For anybody who's trading, it's more of a scalpers market like i mean i'm still kind of scalp long
right now so you know that's the big thing there but um yeah i think we pretty much kind of covered
it all you know um i think the thing too that's interesting is usually there's another kind of
tax season sell-off like sometime in march that people talk about so if I had to guess kind of more choppy you know scalpy
February and then like
you know more of a red March and then
that could be your bottom potentially in March so
we'll see what happens so yeah
Tolberry what's up man
Hi Robby
and everyone else
I have a quick question
I was hoping you guys could try a little bit
on the Edega Ashgraph.
I've done my own research
and it looks like something that is extremely undervalued
based on the utility and, you know,
a lot of projects and development on the trail.
If you guys could kind of
talk a little bit about it,
I would appreciate that.
You're talking about HBAR, man.
I personally don't really
have
much alpha
on Hedera.
Yeah, I don't know what's going on
with them, to be honest.
I think they're just kind of like
all the other Unc chains
where they're just LARPing about
being chains for RWAs and stuff like that
when reality, it all circles back to solana and hyper liquid man
um if you want to talk about like real world assets and all that stuff like it's it's happening
right now um with attention on solana that's a real world asset it's attention because it's time
and time is the best real world asset that you have um and time passes you by very very
fast so you look at solana and its trends and just the structure of it it's all about
time it's tokenizing time whether it's memes whether it's whether it's these short-term AI
products and stuff.
Yeah.
We already discussed Hyperlux
so many times on the show. They have
commodities, they have stocks, so
that's a real-world asset right there.
No one is trading on ondo
markets. No one's going to pay
a premium to buy and sell bonds.
If they can just do that through TD Ameritrade or their Schwab account,
why would they go on ondo markets and go through all these loopholes of downloading a MetaMask?
You know how horrible MetaMask is, bro?
It's like, I don't know, dude.
It's so nasty and clunky i think phantom wallet is like
the place um honestly i mean even using the coinbase app is like so annoying dude um
there is alpha in creating an app where there aren't too many buttons if there's too many buttons too much
stuff to do people aren't going to know what to do it's like it's like using netflix man
if you have a netflix account and you've had the displeasure of using netflix with someone else and
asking them a question which is what do you want watch? You know how much time you're going to
be scrolling down and wasting time going through title after title after title. The same thing goes
through apps, man. You go on the Coinbase app and they give you all these fucking options. And it's
like, dude, I just want to dump my bag so I can get my Chipotle. You know, I want, I want, I want to dump my couple hundred bucks
a week so I can get some food.
And that's how most people are in this space.
They want to, there are more sellers than buyers and Coinbase is just having all of
these, I don't want to talk bad, man, but they're just adding all these new features
that like, they're just wasting their bankroll on.
Like, does anyone
remember how they wasted hundreds of millions on an nft marketplace that nobody used and they
they just terminated it dude what about the up only episodes they paid kobe like 100 mil plus
for an eight hour pilot for an eight hour uh i'm at not eight hours in eight episode stream of up only and nothing happened that that's
what i have to say on that man like if you're going to create an app or if you have an app
just don't make as many buttons make it easy buy sell convert and that's it buy sell convert
that's it and maybe have like a section where you can automate some stuff, which we're building, by the way.
And that's going to be incoming soon for public.
I can publicly share that.
So there's some alpha in everything that I'm saying right now, guys.
Imagine an app where it's right in your face.
It's easy to use.
Buy, sell, convert sell convert automated strategies and some
pnl stuff that's going to be pretty that's going to be pretty nice and some social features as well
but i see mars requesting to speak and then uh we're going to get some last minute thoughts from
all the uh all the other speakers and then we're going to wrap up. Mar, what's up, bro?
Lee Middle.
What's up?
What's up, man?
Bro, do you see all these birds flying, man?
It's crazy.
Yeah.
Yeah, man.
Bro, it's so hilarious that you speak to about MetaMask
because I would have come up here and tell you,
what are you talking about?
But the last two months, that wallet has stressed me out so much.
And I've been using it for six years.
That today, Wabi, I should have got around 10 a.m.
I decided to just dump it, man.
Like, you have, like, assets there and you, like you sell it and and it still shows the amount
That's a horrible this wallet has become
And you of course you go in chain and you show that you have zero, you know
I'm like what so sometimes I come in and I'm like fuck. I still got a hundred bucks of this
What happened and it's show it's just horrible. And I actually today in the morning. I got rid of it
I gave What's it called, an OKX, an opportunity, and see how it goes.
But yeah, man, that wallet, like anyone that speaks bad about MetaMask, I would have come up and said, no, no, no, this and that, but no way.
The last two months, it's just been stressful.
And you're right, man, a wallet should just be simple uh i think solana
has done a great job with the phantom wallet and um i forgot the name of the other main wallet for
uh solana and one of the things man since you say that you are building this uh you know some
project i guess a wallet or something your your team. One of the biggest issues I have,
man, with these wallets
is like, especially,
not even a wallet, also Uniswap.
It's not a wallet.
It's order execution.
Well, especially
Uniswap, like, they hide
the change
of network.
It's so small.
I think it will take, like, someone near will take them like I don't know they want to at least ask because they
wouldn't know where to switch from base to ETH and it's incredible that Uniswap
has that feature like so hidden in the wallet for you to be able to swatch from
you know from base to B&B and uh it's ridiculous man uh i posted the other day about
this uh this l2 uh uh what's it called the l2 that i think they collected like over a billion
dollars uh mega mega eve you go to the website you don't even know you gotta go to school you
gotta go to a university to to understand what are those daps for. I mean, I can't imagine retail going in there and trying to hook up with Mega Eve, you know. But yeah, man, other than that,
I'm still, you know, I'm bearish, man. I, you know, my guess, because nobody knows, man,
nobody knows. But if I was to put my money in the market and waiting to see when I could go in more
in Bitcoin, I think, think you know my guess is uh
without looking at charts or anything like that and liquidity was liquidity uh sitting on i think
that uh we could see the bottom uh remember i always said 54 53k that's that's my bitcoin uh
anything that goes under there for me it's's just going to be a bloodbath.
I want to say, man, I want to say May, when we introduce the new clown into the Fed,
I think that's going to bring some heavy...
The payaso, bro.
The payaso.
The new clown.
The payaso, bro.
I think that if we stay around these prices, we could –
El payaso, isn't it, bro?
Yeah, another puppet, you know?
Yeah.
I think I'm bearish for – I think that's in May.
I'm super bearish, man.
Whenever there's change like that, it's not good for the market.
But, yeah, and I'm aiming at your date.
I know that you switched it
I think at the beginning, at the end of last year
I'm moving more
towards the end of this year
where we're going to see things coming in
and RWAs man
I want to see meme coins of course
come back
but yeah man
I'm super
hyped up with how the industry know, the industry is going.
We're here to stay, man.
You know, it's not that feeling of doing the FTX.
But, yeah, man, I wasn't going to come up, but when you mentioned MetaMask,
I'm like, holy shit, does he even know what I did today?
I got rid of it.
It's the only wallet I've ever used, Robby, for the last six years, man. And I got rid of it's the only wallet i've ever used robbie for the last six
years man and i got rid of it this morning bro i'm like i'm tired of this shit opening the fucking
wallet and seeing that i still have the assets that i moved or sold what is this shit you know
so uh yeah i feel you on that man well guys i'm to go ahead and wrap up. I want to thank all the speakers. I want to
thank Evan. I want to thank Joe Prometheus Mar. Um, I want to thank Gary also for coming up on
today's show guys. If you've enjoyed the stream, if you've enjoyed all the discussions that we've
been talking about on today's show over the last
hour and a half. My name's Wabi, and I go live here on the Because of Bitcoin profile Monday
through Friday, usually between 3.30 to 3.40 p.m. EST. There was an exception today, which I
mentioned earlier in the space, but we usually go live here between 3 30 p.m esc to
3 40 p.m esc and we talk all things markets just as the show here is called market talk
we usually speak about all things price action and narratives whether it's bitcoin and alts
whether it's stratify with stocks and commodities we talk about it all anything that's tradable
with stocks and commodities we talk about it all anything that's tradable anything that's trending
we talk about here on the show and i want you guys to follow all the speakers and also if you
want to keep up with what we do here follow because bitcoin account as well not only do we
go live here on x spaces to give you some free entertaining content but we also
do strive to be one of the fastest x profiles here in regards to putting out real-time market
news updates whether it's from crypto whether it's from trad fi we produce content for it all
and not only do we have that for you guys here on x but we also have a youtube
channel same name because bitcoin and we do have a live stream show for you guys monday through
friday we usually go live there at 11 30 a.m esc but that shows usually uh strictly on all things
technical analysis so if you guys are into all things charting and all that
stuff, give it a look. And also if you guys want to check out some of our links, we do have a
community for you all, our Inner Circle Alpha group on our Discord. The link to that is in our bio.
You can go on our website, check out all of our testimonials, check out our packages.
We have multiple channels covering all things crypto.
Private live streams as well, giving in-depth analysis on what we're seeing in the market, our holdings and all that stuff.
So if you want to check that out, feel free to do so.
The link to that is in our bio.
And if you have any questions at all in regards to
that you can send us a dm send the because bitcoin profile dm or you can you guys can go ahead and
send any dms to any of our affiliates including myself my personal profile is here up on the stage
the handle is at king wabi and once you guys do that we'll hook you up with a discount for your first for
for your first month and we also have our very own trading terminal which will be going live with
some juicy updates link to that is also in our bio but i'll also pin some of our posts from our bb
terminal profile up on the nest so if you guys open up the Spaces tab,
you guys will see right above our profile pictures,
you'll see some of the content that we produce on that page.
And feel free to check out the site,
check out all the stuff that we've been building.
We'd appreciate it.
And just want to thank you all once again for tuning in,
whether you're here live or listening to the recording.
We'll see you all tomorrow at the same time here on X spaces.
And as always,
God bless you all.
And the spaces are recorded.
All of our shows are recorded.
And I just want to give a huge shout out to all of you guys that are
tuning into these shows.
So with that being said take care
guys bye bye
