PEPE & WIF - Rekt Radio Ep. 66 w/ @danielgothits

Recorded: March 19, 2024 Duration: 0:57:09

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Are we live for life, yeah
Correct radio episode 66 with Daniel got hit
What's good gents we had some down? Maybe we're getting a little bounce right now
Yeah, I don't know it's been a tumultuous couple days after hitting the all-time highs about a week ago or so
I guess before you get in all that maybe let us have speak a little bit
Yeah, hey guys
As you know this show is sponsored by roll bit check out roll bit.com. We'll have two codes to give away
The first code is meme coin
Second code will be given away at the end of the show and we will also do some loot box bins at the end of the show
All right, thank you. Thank you for that
Two's and rich two's and rich every day you move your head can we see that or yeah
That is a stone fucking zero my friend
I don't know you
It's I think it's I think it's like five to ten million
I don't know like I think you went on you went on the this the
Bastille show and he like said two coins and oh my god
You know, that's sad a lot of game coins have happened
There's been a lot of shit going on where people just send money to random soul addresses
Other boots that are the boots on champion froth
The boots are still on. I don't have a thread guy. I want to borrow the boots are on
That's obviously going down. I think it's holding up. Okay. I don't know what mean boys are doing good
I mean like it seems like the play was just send a bunch of soul to a random address
Print a hundred X in a day on book of meme or was it even more than that?
It's more than I think I'm just like choose rich and leave the show book of meme was insane
Well, I think a lot of people made money on that
I don't know that many people who made money on this sloth thing
But I don't I don't really know anyone it happened like over the last 24 hours
I think in the dive bar and in our rec I can either of there are a few but like
It feels as though the NFT one was really that book of meme because a lot of people found out about that pre-sale
And this is wild right like how the hell are these things getting listed like by dance just getting involved all the exchanges
It's definitely
Normal, right? There's no weird shit going on
Compile now. Yeah, not frothy. It seems pretty legit
I mean like people are adding this shit to the Roth IRAs and talking about
retirement a lot of zoomers out here like I'm fucking retired with you got the DC egg discounted cash flow analysis on whip and
Looks like the dog will still have a tad a couple years and we'll be talking set and retire
I don't know. I mean it seems to be working or was working. Sorry for like a day not really working anymore
Has to loan man the hats to lawn
She said that stays on
That's kind of what we got Daniel on as well. Like he's been I don't know
I feel as though you've been around the FC community for a long long time and then
Really kind of picked up on meme coins
Kind of this time last year
I think when we were cutting get time to get into them as well and you were all in the same like group chats we were
You've just diamond hands like a bunch of different bags. Some of them to zero. Some of them have just gone absolutely insane
So it felt like a good person to have on in this like crazy meme coin season
And I know like you're blowing up at the moment. You're busy for your own podcast
Speaking to loads of different people in the space. So I thought you'd be you'd be the perfect guest
Good awesome
Great to be here guys. Appreciate it. James
I know you guys have suzu and thread guy on with the market is up like a hundred percent and then as soon as we fucking
Tank like 10% on the daily. Yes, who's got
This count Daniel discount Daniel no one else
I bought some stuff earlier today. I mean it seems like we're bouncing right now pretty well. I
Don't know
Bloody hope so
So what yeah, what have you been doing like how how have you been crushing it?
So I know with has been the classic one, right?
Like you literally post and everyone posts in your comments like top single top signal and then it goes up another 50%
People were saying top signal at like 10 million
Yeah, and like I'm sure you guys get this as well
Everyone just loves to say for some reason people think that oh as soon as you have a few followers
You're automatically a top signal instead of just like analyzing. Okay. Well, what has this person been into in the space?
Like it's almost like they just treat everyone the exact same. Oh shit more than 10k followers top signal
It's like, you know, it became such a mid-curve thing to say but I will admit my profile looks very top signal ish like
Like you know, this guy's like Instagram me like soccer videos like it's very top signal
But they'll know I'm in the fucking trenches boys that deck screener decks tools fucking one minute like new pairs, you know
So, um, yeah, no with was definitely really early
And yeah, it just kind of made me laugh
I was like, what the fuck is this and it was right around the time when I was like, okay
I can't ignore Solana anymore, you know, I was one of those guys like
You know and I was like, all right now this shit is it makes more sense
You buy a hundred dollars of the mean point you get a hundred dollars
You don't it's not like eat where you buy a hundred dollars you get 50 of the mean coin
And when you try to sell it you get 25 left of the fucking coin, you know
So it's all fun and games when we're selling four days for a hundred two hundred K
You don't mind paying the fucking hundred dollar
But yeah, you know, it just seemed obvious to me that Solana was gonna be
Sort of the next wave of you know retail or whatever and even though I'm we're all kind of reach
Oh, no, we're not really retail but kind of, you know
It's funny when people say retail is not here and it's like we are the fucking retail place, but yeah
Yeah, there's different
I think people are starting to realize is there's there's different levels to cabal like the NFT cabal is like the lowest form of cabal
and then there's like
Crypto and then there's fucking the exchange cabal and what really happened over the last week is the exchange cabal got involved in a bunch
Of these different coins
So like when they when they say all these all the NFT cabals involved in top signal top signal
They haven't realized that once you get the exchange cabal in it's just like different levels of shit like shit
It's going listed in a day
Yeah, like how did you get into the space obviously yeah, you have like quite an interesting background
I think so like maybe yeah, maybe we get into that and then we can get into the clonex trick potentially, but yeah
Yeah, how do I get into space um, so I've always liked crypto
I don't know how I've got into crypto like the earliest earliest point but like so yeah kind of weird background like my mom's
From Brazil my dad's from Ireland
So I grew up kind of all in all these different countries and I was living in Ireland at the time
I lived in Ireland from like 10 years old until like 23 and I lived in fucking London
I lived in Kingston upon Thames. Let's go south
So I just was like I guess just on the internet found out about like Bitcoin and stuff like that and was like just super
Young and broke and had like no money. I bought like a Bitcoin for 300 euros
Right and then sold it the next year actually when I moved to London one month
I was struggling I could really pay my rent
So I paid to use my money to pay my rent and then I found this one website where you could uh
You could get a test that the test go or as the voucher for Bitcoin
I sold the whole Bitcoin for like 200 pound like as the voucher or something like that and then that was it
But I was always kind of paying attention to it then 2017. I was like classic retail, you know
Had a thousand dollars and like ride blocks nano
Whatever went up to like 20k round tripped at all and left with nothing
So I was kind of always just fucking around in the space and then 2021 pandemic 2020 all that kind of thing
I was following Gary Vee and just all the people sort of that started talking about I guess like crypto punks and stuff like that and
You know as COVID there was nothing to do everyone's at home and I was like shit
Let me look back into this and then I ended up minting a me bit as my first like thing that I did
Like I kind of had a big
Know know how with like metamask and stuff like very, you know basic knowledge with it
But I was able to like put the ether my metamask
Minted it and then I was like shit like okay
I click mint the eat this gone like where the fuck is this thing?
Like I didn't know I didn't know what opens he was I just spent like eight grand on this fucking me bit
And I was just like where is it and I then I had to go on Twitter
And that's how I got more into NFT Twitter because I started seeing people
They didn't send you like
Real fast in your first day of the job
Well, it was interesting cuz I got the me bit and then I was like I saw other people minted a rare
You know the elephants and the skeletons and stuff and like one of them sold for like a million bucks like four hours later
Yeah, then I was like what the fuck that means like anyone could have just minted that so that's when the alarm bells
Started going off my house. Like this is fuck. It's like the lottery but with like 1 million times better chance
As well and kind of what that was my first big W as well
So not as big as these guys these guys hit the best trade I've ever seen in my life
Yeah, but but you're like before that you were you play
Well, I don't know if you play professional football at any time or like how did you get there?
You're like a very skillful football, right?
Thanks, man. So it's like freestyle race of freestyle football freestyle soccer
I played soccer football, whatever you want to call it growing up my whole life always was into like the skills and stuff
we always get fucking yelled at by the coach like, you know, I can do all this shit and
But then I started getting into freestyle and it became like it reminds me a lot of benefits when I got into this
sport called freestyle there was like
300 people around the world that did it very tight in the community just like NFTs everyone knows each other and it was kind of
Like this counterculture like kind of like on the fringes. Everyone's kind of like what the hell is this?
Like what are you doing? Like to struggle the ball?
But uh, can you do it in Stoke on a Tuesday when it's right whatever, right?
And so it reminds me of NFTs where people are like, oh these little pictures on the blockchain and then since then freestyle has become
This huge thing so many freestylers have millions and millions of followers on social media
and so yeah, I just started doing all my videos and shit and
In the last couple years I got too addicted to NFTs
So I'm trying to figure out what's the next the next plan with the content. So hold on. Where is this?
That's at the Rose Bowl. It was like a brand deal with Juventus
They had like a preseason tour in the US
And so me and a couple other freestylers were like basically asked to go to all these Juventus games and just like, you know
Film and just talk about it. And so yeah, that was at the Rose Bowl. Damn
Sort of like yeah, this was sort of like a little bit of a hype house that I was it was called baller house
And so I came up with this idea right before I got into NFTs
I was like, all right
Let me get a bunch of other soccer freestyle people in a house and we'll just do content and shit
And so it kind of yeah, I kind of worked well and we ended up doing stuff with Juventus and some other
Brands and stuff like that. But yeah
Yeah, I saw the one recently
Cuz you have you moved around like you you're still in the US, right? Yeah, I'm still in the US. I'm in LA
Yeah, yeah, I've seen some of these. Yeah, these are good man. Like you are very good
Thank you. Wait for it. Wait for it. Here we go. Boom
Gotta get on the rec guy team
Sure, we definitely need you. Oh Seth takes it really seriously and we lose every single year
So we like definitely we definitely need someone to take us to the next level
Heartbreaking every time we lose. Yeah, he was he was like sending motivational videos to the to the group chat of like Champions League finals
No, we've we've got knocked out in the semifinals every year we beat Wizards team in Paris pretty badly so
Take one of them, you know, KBM KBM you a sports guy. No you bet on sports like you play anything or I
Mean not anymore. I'm washed up and old
She's a play like baseball football and shit in the high school
Yeah, you look like you kill it. I fucking like third base or first base or some shit. There you go
Obviously you then went from this like obviously you're doing this
This is this like a side hustle now at this stage or like a mean points like a maid house
Are you like a full-time crypto guy? I saw you like
Salary or have any sort of fixed income. I've never ever had it
No, I'm still still renting boys just doing a Michael Saylor on it, you know when big ones like 2 million
I'll cash out 0.2 BTC. Um, so now, you know, I've always done my own thing
And so I don't really know how to explain what I'm doing
I kind of just do whatever comes at the moment. It's sort of worked well for me somehow no clue how but right now
Yeah, just really focused on the crypto stuff
But I definitely want to get I don't think it's healthy guys
I don't know if you guys agree with this like I love it and it's addictive
But um, I don't know if it's healthy
I don't love the lifestyle of being glued to my screen 15 hours a day
And so if but it's hard to pull yourself away when like someone tweeted yesterday and they were like dude
Crypto is not real
Like I made my yearly salary in like four days and not saying that that's something that happens all the time
But the fact that you can see it happen
It's like who's gonna tell that guy? Oh, don't bro. Don't spend so much time on Twitter right now
He's like, bro, what the fuck like I just you know
So it's kind of hard to balance it of like the opportunity where we all I think genuinely feel that we're in this sort of glitch
We have this window where it's like, you know, you'll be just like trust me
This is like a once-in-a-lifetime when I gotta just you know, but it's true to it
It's a little bit of truth to it and it's like you can really set yourself up in a good way if you you know
Kind of get a good mixture of luck and some skill and whatever being in the right place right time
So yeah, it's something that I want to like, you know, maybe get back more into doing something a bit more normal
I don't know for my mental health if it's just good to only do this but for right now
Yeah, I mean, what would you what would you do that's normal going back to doing soccer tricks on the internet
Yeah, I feel like I feel like every relationship
Is just taking a beating at the moment like like you just can't be away from the screen for that long and then
They just don't understand they just don't understand that this time is different
This time is the time to make it all
Yes, it's definitely tough out there
To my girl was like it was one of those days that was just going absolutely fucking parabolic
Like it was one of those just crazy days like two weeks ago
And she was like I want to watch doing too and I was like I will go but my conditions is I need like
Two ten minute intermissions where I can just leave and come back and she was like no problem
That's amazing sounds good and we went up. She's just like you want to take a break. I was like, yes
That's that's a good way of doing it. I actually I had the same conversation. We just didn't go and see it
Yeah, like I think I was like, yeah, I just can't take fucking three hours to go see a movie right now
It's it's going to nuts
So yeah, let's let's talk about like a big win so far because it does feel as though you caught you caught pretty much
Everything right. I think you caught Pepe you caught with you've caught a few others like how
What's your what's your stress to you so far like you've you've definitely been involved in all the winning trades so far this this cycle
Yeah, man, so my biggest problem guys is I'm I'm I'm a paper hander at heart
Like I'm a natural born paper hander
Like, you know, I don't know if it's I think it's because I've never had a fixed income that it's like very, you know
I'm very I'm kind of like very dung-ho and I'm very high risk my risk tolerance is kind of crazy
But at the same time if things work out
I'm always pretty quick to take some cash off the table because I don't know how you know
I got to pay my bills and I don't have a job ever
So when you have that sort of framework, it's kind of like, okay shit, and I've been burnt in 2021
You know, I've been burnt in 2017 not sorry not 2021. I've been burnt 2017
2021 I did really well, but also shit looking back in hindsight. I was like fuck dude
I didn't get burnt I did well
But I could have done a lot better if I had and sort of round trip certain things and stuff like that
So I think just learning from previous cycles
So to answer the question Pepe was definitely really good and then with was like a banger
The problem with with is I just like I just said I just started selling too early still kept a good amount
Which is great
But you know compared to what I had initially I only have like 10 or 15 percent of that
So like if I really had held how much I should have held like I would be straight up almost retired
But it's like so many people could say that I hate that thing where it's like oh I sold this, you know
For 20 bucks and now it's like a hundred million
We all sell it and out of a million things a day
So if you think like that you're gonna like lose your mind, so I'm happy
I'm still in the trade, but I could be way more in the trade if that makes sense
But um, yeah to me, it's just a W if you're winning and you're like banking some profits
And when I say profits people always say oh, well, what am I gonna do with USD in my bank account?
And it's like I don't even mean that I just mean you could I think some people don't know you can just like stable up
You know what I mean? Like um, and I didn't even really realize that until my second cycle or whatever
I was like, oh like these stable points have like an actual reason like you can just stable up some profits and then see what you
Want to do later? So I think I'm getting you know, I'm getting more wiser to sort of yeah
Put some money away and not just be like balls deep
You know those people that's just like $20 to their name, but they have like two million dollars in with or whatever
You know, I did an interview with those point billionaire. It was kind of his story
I don't want to be like that guy, you know, it's funny and it's cool
But it's not that funny and cool when you fuck it up and you got nothing left to show for your hard work
So long story short doing pretty good, but it could be doing better
But still happy and like days like today you're happy when you stable up a bit. So so
I think it's actually this focus on with a little bit here because it's it has been like the trade still of this cycle
You know number of holders is now nearly a hundred K or approaching that it's
Where do you think this goes because I know you're still like a big shit
I know our staff is big in this trade to or has been and similarly like you took some profits
But like wait, where do you boys think this is this thing is going?
What's that you want to say? I want to hear your opinion. I
in my opinion
If you look at the numbers of last cycle, and this is a really like smooth-brain left curve way to look at it
but I think that's how I'm trying to look at it, but if you look at the numbers last cycle, yeah, doge hit 80 bill ship hit 45 bill and
Those numbers those market cap levels
I think now more normalize that people now like oh it can go to that level was back then people like this is way too high
It's gonna come crashing down and they're right, but now I think it's different
so then the question is like which things can hit that and
I think Solana everyone agrees now everyone's on board with consensus that Solana is like
The darling of the cycle is the magical casino where all the action is happening. So I think it makes sense for a
Token out of Solana the Solana ecosystem to rival that again
And I think with is the front-runner you had bonk but like bonk was never really a meme and you had
You know inside of holdings and there's a vesting period and all that kind of stuff was meant with is like the perfect thing like
Dev cheated all his tokens that right at the beginning and it's not owned by anyone
It's just you have this like insane communities
He's been able to do things like get the hat on the ball and get it on the sphere and all that kind of stuff
Like every so universal the meanest universal there's not one person looks at the end hits it
So I think that's a really good shot of like getting to those levels
I think it's 50-50 like that's why I've taken off 75% of my trade when it after it got to like
Two billion dollar market cap because I was like, you know, I had these targets is gonna sound to the planet assisting
So I did but I've kept a pretty sizable moon bag
Because I think it does have that chance of just doing that extra like 5 or 10 X and in my opinion
I think soul will go to
North of 500 in terms of price
I think it could even approach thousand and I think wiff is like the clear front-runner for the number one meme and soul because it's
Survived so many setbacks and bounced back even with the bone thing like all that liquidity photo with and with bounce back
So I view with is like a levered soul. And so I think if souls like a five, you know
Three to five X trade from here. I think that could make with like the five to ten X trade from here
I can really do believe that
It's you know, I wouldn't put my I wouldn't put any money that kind of I can't afford to lose and just go
You know over my skis on it, but I think it's got a really good shot at being like this crazy crazy
You know, like the don't ship trade of this cycle. I think
Usually they're speaking the show is down. That's why they're like
No, I love it. But you know, it's you're you know, it's pass. You're passionate. I guess the people going what's the kind of thing like
With this, um provocative don't know like it's it's for me. It's so wholesome. It's like I genuinely okay most trades
I don't give a fuck what it is. I don't care. I just want to make a good trade. Sure. It's fun
Whatever dude with this crazy
I genuinely actually like it and it's like I I would put that fucking dog on my wall as like a piece of art in the
Future like if something so wholesome, you know what? I love about it. There's no toxic fucks in it
There's no I won't even name names because I don't like drama
There's no people in it
It's very wholesome and it's kind of kept all the drama at bay the most drama
There was was that dude coming back and trying to vampire attack it on aetherium and it failed so quickly and
That was something so yeah
There's something so good about it and I was kind of worried a little bit that the unit bias the unit bias was great until
$1 right then it became like hmm
Normies are fucking real stupid like let's not even overestimate that the unit bias
They will still look at you know, something that well if it hits a penny
They don't care
They still are gonna think that but I was kind of worried about that then I was talking to my mom and I told her
About with and I said, oh, it's like $2 now
Whatever and she goes buy me ten and I'm like why and she's like in case it hits a thousand and I was like wow
Okay, so maybe I am overthinking it like my mom just like full-blown normie confirmed like a thousand
I was like, maybe people are gonna think that so I don't know it's kind of hard to gauge
But um, I'm kind of with OSF like maybe somewhere where the previous memes kind of hit
But it all depends on Bitcoin obviously it really does
It's just depends on where the cycle goes if Bitcoin goes over 100k and starts just going crazy
Yeah, I don't think there's any real limit to what all these things can hit honestly
So so here's a question
What do you think has a better chance of getting to that level Pepe or or with like we've all been in both of those trades
Well, honestly both are mazes of Pepe has the low unit bias working for it. Everyone loves Pepe
No one can fade that it's the classic like crypto meme and then a whiff is just like the cutest thing of all time
It has like such great appeal outside of that and uh, yeah
I don't know. It sounds like you know, one of those politically correct answers
But like honestly book to me, I've always said both of those are the fucking front runners. I think they might even replace
Doge you're not allowed to say that
Those is the OG rope it's on its own chain. It has no fucking liquidity funnel everyone that makes money
Overnight on the Solana casino they can redeploy straight into with are they really gonna go fucking send that off Solana?
Somehow onto dogecoin go to fucking exchanges
I don't know if that's like me middle curving, you know the whole logic of it
But to me it seems like a nightmare to try to buy fucking those plan
Why would I want to buy that?
And then you know, so I think the Solana memes are like insanely well positions
They're like OSF said the higher Solana goes that liquidity can stay in the ecosystem, you know
Doge is hard to buy. So I don't know
What do you think of us?
Yeah, I agree. I've gotten talking
No, I agree. I think I think I think Pepe and we're for both up there. They both have different strengths
There's room for two there's room for it doesn't have to just be one coin
And also remember it's always the new stuff
there's always the new stuff that rallies you cycle right the new coins that because I don't have bad biases and
You know people who have to sell and have been back holding for a long time
And I think they've they've kind of shown their hand. They show their hand every sell-off. They show their strength
I think those have the best chances. I mean, they're different trades now at this point, right?
Like they're not like the hundred x trade the 50x or 100x trades that you can get out there
There will be plenty of the hundred x trades the cycle
So it attracts a different type of person
But I think you know if you're like playing with a larger amount of capital
You obviously can't put in like a million dollars into fucking pre-sale
But you can put in a million dollar
You can put a million dollars into wiff or Pepe because they have that liquidity and you can trade in and out of it
And so I think that's where you get like, you know
Some of these other players involve maybe like institutions or whales who like believe in the mean thing
But they want to pull more money for potential 10x gains
And it's hard to find it's very hard to find these 10x trades in this market right now where given where things are
I think there are some out there, but it's hard to find them away from you know, this kind of stuff. So yeah
I think my point is like I know people even in this like bloodbath that just happened over the last 48 hours
They were like consolidating into wiff because they were like, oh that's it's like a bet
It's like the better of the meme course like it's like a blue chip and I think that's what quality is actually
It's a flight to fucking quality
And that's what you're saying people are fucking on the Solana casino. They're probably gonna go to wiff rather than Pepe, right? So
It doesn't have as many holders
It's it I don't think it's seen a bad market like Pepe did and yet didn't really see like a full full blown ball
So maybe it's like slightly more resilient Pepe
But at the same time like if Sol is the casino this cycle then then people will consolidate into wiff on on these moves
Consolidate into soul as well. But like I do think I do think that is that is a fair a fair case
Somewhere along the lines of financial engineering the Federal Reserve that it has come to this line between
Making up fucking and everyone just talking about with of a flight to safety. What do you think went wrong?
I don't think there's anything wrong with it, dude, like did you see Andrew Kang put out a good piece?
Andrew Kang put out a good tweet the other day
And maybe maybe the intent could find it but he was like we're seeing the emergent and this feels very talky
I agree with it. He says we're seeing the emergence of an asset class like in 10 20 years
Right in 10 20 years. Do you think
Do you not think doge is gonna be around in 20 years?
Do you not think with and Pepe could essentially be around in 20 years?
And I think that's not the case for a lot of other bags like a lot of other things even l1s
I'm like, I'm not even too sure if they're gonna be around but the memes I actually think
They might be around in in 10 years and they probably if they are
They're probably gonna be higher. So I
Not like I don't know. I think this is but this these things are gonna be around in 20 years
There's no doubt in my mind
So I think they could be hard it could be they could be like the best thing to invest in
It's a it's a very toppy time to say that but yes, but I do think they're gonna be around
So this is a retirement thing for you. Well, yeah
I think the top like three to five meme coins in crypto, whatever you want to call that right now
It's what those sheba Pepe with literally just by market tap
Like I actually do think that it's like it's gonna sound insane
But it's like why is that different than investing in a new tech stock like in the 90s or whatever?
Of course, yeah
These companies make money and they have cash flows and all that right?
But are we all gonna sit here and think that crypto market cap is not gonna be 10x from here in
20 fucking years or 10 years and so I agree with with mando like it's hard
how do you know if um, you know, Celestia or say or
Optimism or arbitrum or whatever will they be around like probably who knows though, but will dogecoin be around it will will wiff and Pepe
Probably because it's taken so long for a new meme to get up there into the the mindshare that they have that is it's hard to see
Them just falling off the map like completely like I can't see Pepe and with just being Oh
100 million market cap like again, I just think the genies out of the bottle with it
It's the big it's a big movement
So, I don't know I think that it's actually in a weird way one of the safer like it is right
Yeah, long-term safe short-term. I agree. It's a toppy thing
But like I think this asset class is gonna be him and I think they're all gonna be higher if crypto keeps on
Keeps the sticks around like they are they will be higher. I
Still wouldn't use the word safe, but you know each each their own safe this in crypto, which still means fucking risky as fuck
And like you should yeah
Yeah, that's fair. Yeah
Long-term safe. What do we all think of this new pre-sale stuff like these crazy stories?
Did you get involved in any of that? Did we were you involved in any of that Daniel?
So I I miss foam like everybody else and then what's the one of the snap one?
I miss that and then and then bought it at a hundred million
But luckily the next day I sold it at like 90 million and just like took a slight loss
I still lost I lost like 5k, but um after I was like not fucking I already did the eighth one
I said money to bend out each guy's I was like
Like cuz I just knew it would do well and the first one that he did that eventually bit boy bought it and it just went
Crazy. Um, so like I actually made money sending money to bend out each
So I'm not like fully against the pre-sale thing
but I think you need to just know that it's absolute bullshit and
It's just complete garbage like to be honest and the only point of getting one is if it's someone like the dark farms one is perfect
Boom because it wasn't very well advertised. It wasn't like like and retweet to fucking get a multiplier
It's like broke the whole point of pre-sales is that you're splitting the pot between less people
Why would why the fuck would you like and retweet a pre-sale? Like how low is your IQ?
But you know, so once you see stuff like that, you just got to realize it's like just oh my god
And they took up sure enough. They took away a hundred million out of the Solana ecosystem in like a week
Um, and it's like some of these people doing the pre-sales
It's like if you looked at the other side of the screen of who the fuck you're sending money to bro
You'll see like some scrawny 50 year old kid who doesn't even know how to deploy a contract
You guys just sent them like 20 million dollars. It's insane. It's insane. Yeah, it's like entertaining at least
What do we think do we think this boom or slurf like they're gonna rock they're gonna be here in in a month or two
Or do you reckon that they are also gonna be a I choose rich sort of move
What do you guys think?
The volumes are are not small and I don't know there's gonna be a lot of questions if there's more after these two
Right, like if they're insta listing them these might be the two that that actually it kind of ends with in terms of the listings
I don't know but that it did like yeah, three billion four billion in a day
I think it'll go down a lot, but I can imagine them just like sticking around
Just within like that is insane
They have they for sure have market makers behind them. There's no way it's in this much volume without the help of market makers, but obviously
Whoever did what they did kind of got caught a bit red-handed with the whole binance stuff
So they can't you're right. They can't just keep doing it because it's gonna like if I can raise questions
Who the fuck is doing this bro? The binance took like six months to list pet bait
If they didn't want to list with they had to fucking capitulate like one fucking day slurf is just like, you know
What the fuck's going on bro? Like this is insane. I think it's market. Someone is someone is someone is full tilt right now
Someone's like I know that they're about to lose their job in like a few weeks and they're just like fuck it
Let's just go rogue on all this shit
And let me do what I've got to do is get all these people on board and just like
Make a shit ton of money and then you know go fuck off to like the Caribbean or something like I bet there's rumors
It's easy like that. CZ needs to have these happen before he goes extra pennies
Before the before he goes to jail
So like he's happy for them because I think there's like gonna be some more monitoring or something in a couple of months
Some sort of random shit. So like they all need to be listed ASAP
That's why they're all happening like now and then they're probably gonna slow down a lot towards the second half of this year
That's the rumor I heard
Yeah, we should make one
There's been lots of talk about a wreck token who knows we could do a wreck radio token
You ever thought about doing a token Daniel? I feel like you could do one guys
I'm a I'm a Doc's US citizen and I'm scared of like everything
So fuck no people ask me this all the time like I don't want to drop anything
I don't you know, I'm so paranoid guys
Like I'm literally such a pussy like even when people ask me like some dude was like should I drop my token on?
Solana or eat. I'm like, dude, I'm not even saying one word. That's like oh you're you're advising this token
I was like, bro. God bless you do whatever is best for you
I'm very very careful all the time and it sucks be a US citizen is kind of like being slave in a way
So maybe in the future if I make like a lot of money, I'll just fucking renounce it and get fuck out here
But for right now, I'm just so so risk averse anything legal wise. I'm just like keep me out of it
That's why I don't do any brand deals really in crypto
Um, because a lot of the stuff so far has just been dubious stuff
Like obviously you guys have a good sponsor that is like legit and you know something that you can actually feel safe talking about
But like, you know all these people that are just promoting these fucking token launches or NFT things or whatever
I'm just super careful about it
I'd rather play the long game and wait almost like sports betting where it's like
I don't know why it took so long for America to legalize it obviously you guys know in the UK Ireland, whatever
It's like so normal over here. It's it was like oh like sports wedding, right? Yeah, right me. Yeah
Yeah, maybe in like two three years. Uh, I think a lot of this stuff that we're just kind of scared to like talk about
Now because of legal issues. I think it will kind of just become more normal, especially now with Bitcoin on
Stuff. So I'm just kind of playing the long game. I'm just scared to yeah
I don't want to drop token. I don't want to do anything. I swan chill shit post, you know, that's pretty much it
So I see I see you've got your own your own show now
Like you always make me like super outspoken like I like I like your posts
But but now I see you're doing you're building a platform right like tell us about that a little bit
Yeah, just kind of like doing random podcasts and shit like that, you know, just seeing what sticks
Have a couple cool episodes lined up with people we all know very soon as well
So gonna be doing that just here in LA. Obviously, we got a lot of good and empty sort of crypto
people or personalities
But yeah, just pretty much putting out content. I like making content. I like doing stuff
I like like you said just like doing my shit on Twitter. Some people maybe don't like it. A lot of people do like it
I'm not the most politically correct person of all time, but it's not really from I never say anything from like a harmful place or anything
I'm very like I'm a very tongue-in-cheek kind of person. My sense of humor is kind of fucking twisted and so yeah
I always hope people don't take it like in a genuine harmful way. I'm always just like fucking around, you know
Yeah, it is what it is. But to be honest, it's funny
A lot of times when I go to NFT shit be con NFT NYC, whatever everyone that comes up to me
They're all with it. No one's talking about NFTs. They're all like yo
Destroyed NFT NYC this year like that tweet you did about the lineup that went viral
That was so viral. And did you guys see that one chick that was like this is who I exactly that was
She was like I've done this I was like, you know for those that didn't see it
I posted a picture of the lineup and it was just like no offense
But just like absolutely like Tom McGregor like Tom McGregor like who the fuck are these people?
So that's where's that chick the bottom the bottom row
Yeah, she replied and she was like this is who I am Daniel got his I've done this I've done this
I'm a best-selling book about the five and then the funniest one that she was like
I was a journey for the SEC and we're just like bro. No one no one likes that in the space
Like why are you?
Let's get rats on the show
Like the thing is no one replied like
No one's even on NST Twitter apart from this one chick and she tried to like clap back and it just fell
It fell so hard her clap back. Yeah
Um, but uh, you know, the best thing was this guy
No, I love this shit
Yeah, you you you definitely have notifications on from me like like pissing myself laughing laughing watching these you're gonna do well with this podcast
I think you're gonna do well with it
Amazing. Thank you. Thank you. Yeah, so yeah
What else have you got what else do you think's gonna go on in crypto here?
Like are you I know you spending a hundred percent of your time doing it
Is it is it just shit coins that you're focusing on is anything else you're doing in the space?
Well, I think I gotta focus on my strengths. I'm not like the smartest guy like in terms of technical stuff
I'm never gonna be the guy that is gonna be able to explain defy well, or um, you know
One thing I do think I have my pulse on is kind of just like I've always been good at just being really early to shit
Like like I said before like the kind of Bitcoin the first kind of parade
It's a Bitcoin that early like even just in terms of at school like, you know fucking
Burning like video games onto like CDs or like burning stuff for people
It's like I was always kind of that nerd kid. I was always like the sports, but then like very nerd as well
I always like tech
Tech stuff so I think with like NFTs
I just heard crypto in general I like to just stay a little bit ahead of what's going on
Like try to keep an eye on everything ordinals bro. I inscribed
Fucking sub 10k ordinals downloaded a Bitcoin note on my laptop
Like I do like some nerd shit that you know, people wouldn't expect some time
So I always try to like stay ahead of the curve on it. I think ordinals will do really well
Um, just like a good play. I think long-term
It's really I think ordinals is like you got to just buy the top like three collections
I think below that it's just a total free-for-all and they're kind of shit to be honest
But um, you know if people wanted to look at ordinals, maybe just take a look see if you can get in on a good entry
On some stuff if you like it. Yeah, I think mean points like you man, though
I think mean coins could be this sounds insane guys
But there will be people that probably make a full-time living just talking about mean points. I swear to God
So I'm trying to like talk about the funny stuff that I find entertaining
It just happens to be mean points. And so maybe I'll just kind of keep revolving around that space
I just feel like it's so absurd, you know every day
There's something ridiculous like yesterday with slurp
I was like, you know slurp just did four three four billion dollars like that is insane
And to me that kind of shit is really funny to talk about and it has a viral loop a lot more than being like
Here's why this l2 is like a fucking zk rollups. All right, that's not really who I am
So I think I'm more of like a mainstream ish kind of guy. I can communicate things to like a wide audience
So I like the meme coin kind of sector
If we can call it that and so I think I'm gonna just keep talking about that tweeting about it
And I don't really have any real plan
like I just need to figure out I want to figure out like what's the move and sort of what I'm gonna focus on and
I'm curious. You're so you are really early to shit
Like I remember you were early to like the ENS move you're early to ordinals
Like how like are you in like group chats Reverend just decides or are you just really curious about the shit that is new each day?
Yeah, how do you say so left curve, you know, yeah
Very curious and like very kind of I tried to keep my own bias out of shit
Like when people say something like Bitcoin NFTs, my first reaction was like what the fuck to me garbage
It's gonna take like 30 minutes to fucking send an NFT
Like but then you know
I always try to get my own brain and just be like shut up like just try to look into it and like even though
It's annoying and it's like work
But um, I always just think when there's friction
It's a good thing like if you know, like with Solana, right like no one could buy shit on radio or whatever
Okay, go to photon
That's it. The more friction there is in a trade generally the better
I've done like and the more insane friction better because you always have to realize these fucking DJ ends
Someone's gonna figure out eventually how to make it easier
Someone is gonna when you're just inscribing ordinals, they weren't even there was no magic Eden. There was no work swap
There was literally nothing but you have to just have faith and be like some motherfucker is gonna make a tool for this
It's gonna down the line. It's gonna be easier people to buy it. Um, so yeah, just following a lot of people, you know
I follow like 4,000 people, you know, a lot of influencers
They try to follow less people because they want to keep the ratio looking cool to me
I'm like yo some kid talked about some weird shit that I find interesting as 80 followers follow him turn on his notifications
Put him in a list. Um, like, you know, just keep your ears to the streets kind of thing
Um, but you know a lot of luck as well and just kind of yeah being online too much
Honestly, most of this just being online too much to be honest with you
Yeah, like I've been surprised and like you are literally I mean OSF's always kind of like you
He's always very early to see it and he is doesn't like doesn't mind a ping size very very early
But you're always there in the fucking group chat with him. I've attended
We see each other in the same places for sure
People put me in these group chats
Like I'm actually not in a single alpha group chat
But I do get added when I do take a position and to be honest with you guys
I don't really take a public stance on things as much as it may look like the only things I really talked about in
The last year where I was really putting my my fucking, you know voice behind it in a real way and not shying away
It was like Pepe and whiff really?
Maybe some early ordinals, but like, you know when I do talk about stuff
Then people will add me in a group chat, you know, like with holders, whatever but I'm no test your question
I'm not in any telegrams. I'm not in any group chats. Um, I just like stay on Twitter and just look at what's going on
Yeah, I think that's the best way. I think yeah to stay
This seems like the way you've done it is just be early and stay nimble like if you take profits on the way up
It's easiest to be early in this space
I think a lot of people try and like buy momentum, but actually like this new there is literally new shit each week
Generally and if you catch like the trending ones like Bitcoin ordinals was an obvious
Hope we had this on the show like a bunch of different times Solana felt like an obvious one for a while
But now it feels like meme coins
if there's gonna be a new meta every couple of months and if you're early to that like
You could just crush it way more way way more than with with very little capital
A few hundred a few thousand and it's there up there a hundred thousand X's
Yeah, look at look at net cats on ordinals, right these net cat things. They were trading on Google Sheets
You know as soon as I saw that I was like, okay, hell yeah
This is it like like I said friction
So a lot of people are just lazy and I remember a lot of people being like how you buy it and I see people
In this board telling them here's how you buy it and then as soon as they told them
Oh, it's longer than like five minutes like fuck that whatever. Okay, cool
Well, you could have bought them for like five hundred bucks
And then when they went on Magic Eden a week later, they were zero point one Bitcoin
So, you know like I just think yeah people need to just be willing to do the work as well
And don't wait for it to just be like on play. Yeah. Yeah, you said friction is your friend
I think with that sort of shit like you have to put in the effort
I think it only works if you actually are dedicated to it 24 7 like people need to make shit easy for yourself
You're reading your own tweets like
It's a good follow it's a good follow
Um, I think I think yeah, that's kind of it. I was left. Do you want to end with our with our final questions?
Yeah, final question and be asked every guest is what's your best advice?
On how to avoid getting wrecked
Honestly, i'm gonna keep it real you guys honestly are very level-headed
I think just keep following these guys because they give you the real truth and they don't hype you up
They don't like you guys don't induce fomo and people over the top, which I like you guys are pretty like consistent with that
And also take dude
I kind of like people started clowning me in 21 because I had this video where I was like take profits
The boardings were like a hundred everyone's like oh take profits
And then like I had multiple people dm me like later being like damn, bro
I wish I took profits on like every nfs, but honestly like take profits. Um, and
Yeah, just don't don't over let okay
Don't over leverage yourself and like everyone's situation is different
But if you can't sleep and you're stressed out every single night, bro
Take a bunch off the table and i'll tell you guys what i've found that I can hold things longer
If I just take all the risk out and even if you're just holding like a little bit
You might actually hold that little bit
For like the next 50x because it was a little bit and you'll actually make more because you're not stressed about it
Whereas if you're emotionally attached to your swings every day
You're gonna panic at the first big upswing and feel all that emotional energy. Oh shit
I can you get actually burnt out psychologically from holding and it's like the lord of the rings golem
You know, he has the ring and it it wears him down
But if you're just holding a small bag of it
You might just hold it for 100x because it's not like that serious team
So yeah, just trim your positions keep your risk according to your own tolerance
That's what I would say that last point I think is really important
Even though sf took some money out a couple months ago
And actually after you took the money out it was even more left curve with like the risk profile that you took
I think you probably made more by taking the money out, right? Like because you were just like right i'm gonna hold this forever now
Let's do yeah, let's I think once you take a bit of money out it lets you hold on to your positions for longer
I think it's weird. It's like
You don't feel like because the problem is if you don't take the money out then on a down day
You're like fuck. I want to sell it and then you sell it at a bad point
But if you take it out on strength
Then on down days that car whatever already took some out and then it just allows you to hold on much much longer
So i've definitely held on to stuff for longer than I normally would have
Because I took money out a little bit out in january a little bit out like
Um a couple of weeks ago and now just like whatever like
I have a question for kbm. Can I ask kbm a question before the end of the show? Yeah, it's good, man
Yo, kbm. Um, what happened with your house bro? Like with the foundation like the
Doing did you figure that out because I was getting construction advice from twitter. It was fascinating
Yeah, no, so I only leave that at the house in the summertime
But uh, it's still kind of fucked. We think we figured it out
There's a grating issue. The water's coming up over the top of the the house meets the foundation and um
Yeah, it was pulling there and coming up over the top and leaking apparently. I don't know. It's been a fucking headache
It's been like two years of hell. Did you get good advice from twitter? The twitter like I did get good advice from twitter
I actually had some people uh, look at the intern pull this up, right?
Uh, I had some people in the dm. So we're kind of like local to me who helped me out
Really, it's still a complicated issue i'd have to say I don't think there's there's not closure yet
Maybe there's some just floor it just floor the house
Yeah, it might have to right
But it's just it's just it's just summer house brand new basement with the golf sim and shit. So not fun. Not fun
Uh, good luck. Um
Anyway, let's get these robot roll bot roll bit loot box bins. Yeah, let me have the market bounce while we're on the show
Beautiful
Exactly, uh
Should I get the second card while we're here? Yeah
They're destroying me in the comments
Got hits 1 0 5 2 got hits
1 0 5 2 I just need to check the front door because I think someone's delivered some some um groceries there something I can say
Okay, I think uh, yeah, we need the three right is the intern doing that
Where's osf meant to be doing I don't see him
Oh, here we go. Here we go. Okay
Stick around daniel. You're clearly a good luck signal. I think for uh for people. Yeah, um, the market bounce
That's let's try and win some good shit now
All right begin draw
Here we go
Mickey mouse mickey mouse. Oh pine pine deagon one
Plaza lasagna 5 2 9 2 6
Marianne crypto
Pine d pine get up here. Um pine d gen one. He's uh, he's a well-known wreck guy
Um, although he's wearing an mfo he he always does he's got pine d gen
The other two are a little sus, but yeah
I mean, that's a lot of it's a weird one. So don't you think yeah, we could redraw
Maybe give him a second. I know pine one
Nice, um redraw redraw
The top two, uh, here's mickey mouse. I guess okay. He got it. So redraw one
emery chosen one choosing one
Emery choosing one. I feel like that's probably a genuine one, right? That's kind of a random
Emery choosing one
They're not they're not requesting though
We're doing we're doing hello. Hello. Hello
Hello, hello. Hello. Okay falcon web 3 that's got to be somebody falcon web 3
I got emery choosing one. All right, so who
Who we starting with person
Hey, who's that?
All you guys can hear me. It's pine pine. I think are you gonna go first pine or is it second?
Mickey mouse. Okay, mickey mouse goes first mickey mouse goes first
Mickey mouse first run it. Let me uh, just share my screen
All right boys
Ooh, what is in here?
We've got decent fudenza few board aches man, but he's cheap these days, right?
Let's see how this goes lads
Okay, mickey mouse, uh, apologies you won the cheapest thing in the loot box there for 200 bucks
Um, it's okay. We will go again. All right
Here's for pine pine. Good luck, man
Here we fucking go
red light district is still 16 grand, huh? I'm on one of those
Oh nearly the fudenza. Oh my god, so close to the fudenza. Uh, i'm sorry, man. You want another wreck guy?
You want another wreck guy?
You want $2,500? Yeah. Oh that was that was dangerous. That was that for pine. That was for pine. Thank you
All right, and who's this third person now falcon is it?
Um, who's this person that we have?
No, emory emory
Emory andrew tape on the show
Oh another
Low priced s osf edition. Oh
I'm, sorry about that lads. That was uh, that was not our strongest not our strongest show there. Um
a wreck guy
Yeah, you know
Yeah, unfortunately, I think you missed the pd5 min right you're not gonna get that yeah
I can't hear in the headset. Anyway, thanks for coming on. It was a fun show. Thank you guys
It was great chatting congrats to the lucky winners of those loot boxes
Anyway, all right, we have some technical difficulties in the back. All right. See you guys next week