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supercycle (real)
Recorded: April 1, 2025 Duration: 3:31:48Space Recording
Short Summary
The discussion covers various aspects of the crypto market, including strategies like longing Bitcoin and shorting altcoins, the impact of institutional investors, and the rise of new token launches. Innovations in trading technology and AI integration are highlighted, alongside the growth in Bitcoin's market dominance and the potential influence of rising gold prices. The conversation also touches on the challenges and opportunities in managing digital identities and security through AI agents.
Full Transcription
some of your destinations have errors i'm sure it's referring to endo's uh
endo's streaming not letting us stream because of premium account yeah i'm gonna get it tomorrow
no i think what we were speaking about right before stream in terms of like
what works i think this entire last few months the meta would have been
like if you're debating what direction the market is going to go in just long btc and hedge short
on any other alt pair and you're like probably just going to print because if market goes up
it's going to be led by bitcoin and every if it goes down then whatever all too short is going
to go down more and that's been the case for like last few months in my experience does basically seem like a free trade
like this whole this whole cycle pretty much there's like a sweet what i i missed that part
i got locked out of the uh the taiwan subway I had to go through a secret door.
And then I hear you.
I come back and I hear like,
it does sound like a free trade.
Just long BTC short anything.
Yeah.
Oh, yeah.
That's basically what I've been doing, actually.
But it's like I'm still an ethical pussy that I haven't done it in size.
With the exception of sorting Ethereum.
Like short had my entire position multiple times.
I'm pretty much like a long only trader.
So I have a kind of a harder time when everything's dumping,
just don't trade really.
I like shorting a lot, but I also try and close them early.
But it's like, it's very scary because if you, you can't close anything early, if you're not like looking at it every day.
And I just haven't been looking at it every day.
So it's like, I put the shorts in and then if I come back in two weeks and it all like down 50%, I'm like, ah, not for that.
It's probably better than staring at it all the time.
I don't know
yeah yeah i mean the thing is like most of the time you can just wait any move out
right like there's almost no move in crypto where it's like okay this is permanent
yeah as long as you have enough margin i guess yeah yeah yeah and like funding uh i don't usually
trade things that have like high enough funding that i get super bled out. Because I had like an experience early on where I did. And I was just like, Oh, my God. Like there was a period where I realized I was long Bitcoin from like 38 all the way up to like 52 or something.
uh without realizing that funding was real and like funding was ungodly high during that period
and it was like wait i lost like uh 70 of my profits yeah i remember previous bull market
i don't want to say a friend of mine's more like an acquaintance and i'm gonna get the numbers
wrong on this but i know he made like a few hundred k roughly um he had gone short like very like deep in the bear market and essentially
his position was down for like the entire bear market as it slowly rallied up and he was just
sitting on that position with insane size and he made more on funding than his ultimate liquidation
that's insane just because the entire bull market the fundings are like
generally in crypto the funding rates are going to be positive right and he just formed the shit
of it with insane size eventually finally got liquidated um and then like maybe it wasn't
liquidated stopped out i'm not sure but um he just farmed funding rates the entire time i made a shit
ton of money with like insane size that was my that was kind of my intro to like
funding that was what i should have done uh when like all time i break at the beginning of the
cycle as soon as we hit 69 i should have literally distorted everything uh because the funding rates
were so insane and they spent like months and months grinding up and like i would have been
very scared for a while but like the funding was so fucking nuts.
And then it wound up
going down in the end anyway.
I regretted
not doing that the first time.
I did that a little bit more the second time
when we were at $100, $105
because it was the same
funding pattern.
Yeah.
One of the things this cycle to that's more bearish
about high funding than before is like in the past when you have high funding um market makers and
exchanges um like they may be internalizing against you which means that they are now short
and then they'll go for like a weekend like hunt maybe but then they'll be able to cover their shorts right but essentially no spot has actually really been bought so there's
almost nothing to capitulate because they haven't bought any whereas like now you have athena and
these kind of things that actually just are buying spot when you buy these perps so you create this
like um whipsaw effect where like when they're buying it goes up it it goes up like people are actually
buying spot but when you get licked people are actually nuking the spot out you see what i'm
saying so like on the way down it's like spot is guaranteed being sold every time it goes down
it's not like it gets internalized and then it's just like you know the market can continue higher
again yeah why is that happening now, why are people internalizing this?
Less. Well, internalizing less now. A lot of exchange debts don't do that as much. And also
because you have Athena and the kind of things where anytime someone buys a perp, they're buying,
like someone is buying spot in the real world. That sounds like it should be bullish because
I go that there's no paper Bitcoin or paper Eath but actually it's it's bearish in the sense that like now people can have like a bigger shotgun to kill
themselves with because now the funding is not that high so you can go long shit tons and then
on the way down and like coins are being bought but then on the way down coins are being sold
like let's say you hadco, every time there's
a lick, he'll tweet about how you should buy the lick and he's bought the lick and everyone
should buy the lick. The reason is because he's internalized both sides of it, right?
On the way up, he's internalized it and become short. And then when it liquidates, he's now
become long and he's now telling everyone else to buy. That doesn't happen anymore.
So now instead, you will have like, you know, when people buying perps, Athena is buying spot.
So the market is going up and on the way down, they're dumping spot.
So it creates like, you know, and people want to wait for that spot dump is actually.
That does not sound good.
I mean, it's not good or bad, really.
It's like a more, it's a more efficient market
like arguably exchanges shouldn't be internalizing a huge size of liquidations right because
ultimately it's they don't really know where the market's going right yeah that's kind of the issue
of the hlp long term too right which is like can it scale like can you internalize like a two
billion dollar liquidation on bitcoin you probably shouldn't even if you think you can't even if you have the capital so you probably shouldn't right um so do you want
to explain what internalized means to our audience and also partially liquid in internalized this
means when there's a liquidation the exchange is now the other side of the trade and now the exchange owns that position so hyper liquid 101. so that can cause cascades that because they'll you know
you internalize and you wait three days or one day or two days and market's not going up you
have to sell it you can't just hold it for like like a year right um so that creates a cascade
because it's like they find there's no demand then they liquidate
again and then someone else gets the liquidation and then they have to sell it because they also
can't find any demand so so the analytics basically is markets move less there's less volatility
It depends.
it depends it depends
It depends.
Generally, I would say that...
Why does it depend exactly?
It kind of just sounds like it should make less volatility.
Yeah, in a way.
I mean, it does prevent liquidating cascades, right?
Because on something like Athena,
because it's just buying the spot and it's
on the spot back you know people have gotten wise to it too so they when they see high funding they
just dump everything they dump spot and perps and then with lower funding again they then buy back
so it creates it creates more efficiency in general like what you don't actually want in
market structure is people to like internalize huge size because then you don't even know what happened like like you know there's no liquidation feeds for the top
exchanges though like there's no accurate ones you have no idea what the true liquidation size is on
tier one exchanges you have no idea right but i've been started publishing some and there
and i think ben said something like you know uh liquidations are likely understated in this space by like 3x, like the size.
Right.
So it's actually pretty insane to think about.
So when you see those random posts about like, oh, like there have been $1.2 trillion of liquidations on this Bitcoin move.
It's just made up.
No, like the liquidation fees are like the open interest
fees and the liquidation fees so first of all from an open interest feed you cannot know how
much was liquidated because the the the exchange can take on the the other side of the liquidated
oi so in other words like the oi may not change after a location event because someone else can
come in and buy the same position off the guy who just sold right um so the only way you truly know is to have like
like the exchange say this is a verifiable liquid this is a verified liquidation feed
like this is the what's happening here um but from the point of view it's like does it matter who
owns it like i own it now you own it who like, right? If you eat at a restaurant, do you care who owns the restaurant or do you just eat the
food?
So it's the same concept.
But what it means is that like, you know, you can have in like situations where exchange
becomes like the biggest long at the bottom because everyone is licked and now they're
long against the hedgers.
Right.
That's why you get these very violent squeezes off the bottoms because exchanges like every
exchange has the same profile too so what ends up happening is every exchange becomes giga long at the bottom
and they have to figure out how to pump it and and then when funding is very high like every exchange
if they're internalizing becomes very short and they have to figure out how to dump it right so
do you have like a cabal of all exchanges in crypto that naturally forms as a result of market volatility?
Yeah, because if you have similar flows across similar exchanges, then that tends to be the case.
I mean, this is exceptionally obvious in like 2019, 2018, 2020, because people will basically like whatever is like higher funding.
And then it's like barting up to
the top of the range like you just know every exchange is short from that range because they're
not hedging anything and then so they're all hoping for it to go down so it's uh it's very pvp
like do you guys feel like price action this like i this cycle, so to speak, over the last two years has a different feel than it had the previous cycle?
And if so, do you think this is a reason for what we just spoke about?
And what else could we theorize are the reasons for this difference in price action movement?
I mean, ETFs and sailor drive bitcoin now right like
cryptonatives are pretty irrelevant in bdc i think on like alts the problem is that most
funds are actually sellers of alts not buyers right like they're buyers in private sale but
then they're sellers on the screen so there's no natural buyer uh so so i think like and i think there's less there's less of a demand or or risk appetite
to like squeeze shorts because they haven't been able to induce as much shorts anyways like
the way you could have in people could have induced shorts like last cycle
uh this cycle has kind of been unanimous that there's going to be an alt
season so there hasn't been that much demand to short alts as there should have been basically
yeah that has actually been the one thing that tells everybody is this alt season in the room
with us now yeah exactly like where is what i'm waiting we're gonna be we're gonna be talking i
okay are they actually just doing the old season meme thing
to prevent people from shorting?
Is this some gigabrain thing,
or are we just so retarded that we've, like,
forced to gigabrain?
I think it's what I...
I made a post on this a few weeks ago.
I think people have still this weird mentality
where they've adopted previous cycles as a necessary reflection in this
cycle. What has to happen is all these altcoins have to run because that's what happened every
other cycle, which means this cycle needs to be the same. But this cycle just fundamentally has
been very, very, very different. And people have a hard time adjusting to that. And they're just
going to keep subscribing until it just doesn't happen and they're gonna blame pump fun and all these other things
to say our alt season didn't come and it was supposed to but you guys ruined it
i'm fine just all the old season pump fun extracted the old season from us
i think there's a there's a case to be made to some degree but like at the same time if you're gonna
sit on your dino bags after you know a few years of sitting on cosmos and whatnot
and hope and essentially miss the entire cycle because you're just waiting for all coins then
you're kind of a dickhead you know then you're kind of dumb like you didn't make money because
of you not because like you know you had plenty of time to pivot and start doing other things with your money but you just held on i mean it is it is
genuinely like uh i think sort of befuddling to many people because like last cycle you could
actually totally ignore bitcoin and do you just fine like almost anything you invested in last
cycle in any like any old l1 any ecosystem anything you could all outperform Bitcoin, right?
Like last cycle actually trained every single person into like, yeah,
you don't really need Bitcoin. It's like sort of a scam.
Yes, that's definitely true. I mean, last cycle,
it was coming out of a very high bitcoin dominance into a low bitcoin dominance
right fbdc was 016 in 2019 at one point and then it went to a high of 088 so essentially like a 5x
almost on eth versus bitcoins and then 01 is like 100x versus bitcoin so i think
So I think it was in that backdrop.
it was in that backdrop but then of course like what goes up must come down so
But then, of course, what goes up must come down.
So this bear market, like 2023 going into it, it was from very low Bitcoin dominance, ironically, to very high Bitcoin dominance.
So that is like the opposite flow of last one.
Right.
Like last I go, literally no one thought you needed to own anything other than Bitcoin for most of 2020.
The idea of 2020 was still like Bitcoin and DeFi at most or like Bitcoin.
And then early 2021, you had a big wave of like L1 explosion.
And a lot of that kicked off by Solana,
by SBF and then later on by BSC, by BNB chain.
So you kind of need these things to happen and then other things can then look at it and say look that happened so i also can pump but now you you can't
point to a coin and be said because that coin pumps therefore my coin can can pump because
you know what can you point to really uh hype at most but hype is also not pumping and then there's like tia but tia's nude so
there's nothing to point to that that you can then say me too right bear chain there was a
there was a small period i don't know like time blends together at this point so i don't know
when it was but it was around the tia time that like shiny new coins essentially did like very well you had like world coin that did like
an insane like 4x out of nowhere um celestial obviously like it chopped up for like i think
it was like a week when it launched and it suddenly just ripped the whatever it was 25
or whatever um and then i there was just literally like a little period where anything shiny new on
the market did very well and then
after that if you continue to adopt that strategy where you're buying new you just got nuked on
over and over again yeah i still kind of think that last one i still kind of think the last run
the alt pumps were still a little bit more isolated than like the 2017 cycle.
Like it was still pretty much like consolidated to like L1s,
like gaming coins, metaverse coins and stuff like that.
Like there were still people at the end of last cycle complaining like,
oh, we never got an alt season. Only like this sector pumped.
I think that's just going to continue like happening.
Like this cycle was even less alts.
So you just have to be very careful with asset
selection that's a great point it's a great point like maker didn't pump last cycle auger didn't
pump like zero x didn't pump or until the end so it's like yeah if you were holding like the the
the altcoin darlings of last cycle like light coin didn't pump. People thought Litecoin was going to go to a thousand
last cycle, like in the beginning of it. So...
Like in 2017, you could have literally bought like anything on Binance and it all pumped. You know, like you didn't have to be...
Yes, no, like 2017 was actually really, really stupid, man. Like I had,
I was in a group of people from like a lifting group chat in 2017 and all of us got into crypto and we all just literally
every single day when we we would go and search for like what was up more than 10 on finance
and we would just buy it and then we were just literally making like five figures a week off of
like zero investments initially and everyone was like oh my god we're geniuses this crypto shit is
so easy
uh and then every single altcoin lost 99.8 of his value at some point and those that did not
realize it wound up going down with the ship but uh it was genuinely like you could actually buy
anything and like there was only like there's only like three guys there's only like three guys on
youtube like pump and dumping coins so if you like followed one only like three guys there's only like three guys on youtube like pump
and dump big coins so if you like followed one of like three youtube pump and dumpers then like and
they would do like tiered levels of announcements like they would announce it to their close friends
or like uh their inner circle and they would announce it to their paid server and then they
would make their public video so you'd get like three pumps of like all of these weird uh these scam whales i'm also curious in terms of
your guys's take on like retail hopping in because like this cycle we could argue that sure there was
like retail onboarding from like influencers launching coins etc but there was giga retail
like the only you know the only i think
the thing that tricked everybody is like the retail now has like a retardio profile picture
like you assume that it's a crypto native person but it's actually someone that joined like three
months ago and has like a retardio pfp like they just they blend in better by retail it's like i
didn't get a this entire cycle i haven't got a
message from my granddad being like yo should i buy btc here you know what i mean
i think we also might be at a point where like retail has done that enough that they like
realize right it's like hmm it seems like every four years or something i message my grandson and
ask about these coins and then like if I buy them they go down yeah yeah and
if I if I don't buy them then and then like they think when they when they go to ask you about the
coins now like maybe now wasn't the time to buy like maybe I should have bought before it went up
7x yeah so I also like I've been theorizing low-key as well with in terms of like general retail like
just normies that like the narrative of crypto being a scam is like slowly solidifying or that
it just doesn't like a crypto doesn't matter it's slowly I think it takes years for like
any one narrative on any one topic to solidify in people's heads it's like okay this is just
what it is I And I slowly think
it's getting to that point where most people,
if I say I work in crypto, they're like,
or I trade crypto, they're like,
ugh.
I see a trend where
crypto OGs are pretending
they didn't make their money from crypto.
They'll buy some
brick and mortar biz and then they'll introduce themselves as
like, I own this like gym or something
or I own this restaurant or this club.
I think that it used to be like
there was some cachet around saying,
I mean, there's always been privacy and danger concerns,
but I think that like 2024 was just so much meme coin,
like, you know, action was just so much meme coin,
like, you know, action and stuff that it became like, if you're a retail following it,
then you were following a lot of meme coin launches, right?
And there wasn't that much else to follow.
So I think, yeah, like a lot of like richer,
like older retail that would have come in
and bought a lot of like file coins type coins,
last cycle, this cycle, they're like, okay, like okay bitcoin i'll buy some but i mostly missed it and then the other coins
well they're all scams right uh so yeah they'll buy bitcoin at most lana and then i had people
asking me about xrp like um outside of crypto xrp is such a funny normie coin right now like it's uh it's not uncommon
that like a friend's mom owns xrp inexplicably i think there's like two sectors of retail or like
i don't know i'm retail obviously but like new entrants that talked to me and asked me questions
and it was like people that had gone onboarded by a phantom like with meme coins and then
people that asked me about stuff like xrp and
hbar like coinbase i don't even know what you call them fed coins but i definitely did get quite a bit
of questions and stuff like that semi near the top i love how we lose use retail colloquially
or i do at least as if i'm not retail. Yeah. Well, that's the meme, right?
Is if you ever use the term retail,
if you ever use the term retail,
you are just retail.
Yeah.
I promise, guys, I'm an institution by myself.
Unless you're trading with other people's money,
you're retail.
Yeah.
I mean, all of the people who seem to have large bags
that I've met
walking around call them discretionary investors
loki if we all send each other 100 bucks and start trading with it we could we could call
ourselves institutional we're a fucking institution now this dream brought to you by institutional traders. This stream brought to you by institutionalized capital.
That's actually kind of a platform.
A lot of institutional features like TWOP are available.
Actually, we launched in season one yesterday.
So if you put money in OLP or you put money in some of the strategies, you earn AUX credits, which turned
into AUX in six months. So kind of our twist on the point system. We did AUX credit stuff last
year for a couple months as well, and it went pretty well. I think now's a good time too.
I saw that there's another exchange coming out that's also
going to try to do meme coin pervs so that'll actually be good in my opinion because it'll
first of all create better liquidity in meme coins uh because right now it's pretty bad um
and then two is like yeah it's it just creates a place to hedge into if that's gonna happen so
we'll see
a place to hedge into yeah
the crypto as a scam preference cascade amongst normies like is extremely real
i've done like some experimentation like in person,
just like walking up to random girls and talking to them.
And like the cold approach field theory, right?
And I've started telling them about crypto
and like nothing makes them like
look through your head faster now.
It's really bad.
Like straight up if you are into into crypto it is in your interest to
never ever ever let a normie girl know until like uh i don't know maybe she's uh you have like five
kids and you're both 80 years old i don't know i'm not really sure i'm not really sure at what
point right now the meta affords you to let her know it doesn't seem that there's ever a benefit right i mean i of course do just because
uh i think it's funny right strictly from a game theory perspective um yeah like it definitely
didn't benefit me though right well there is definitely a time that it was like uh or
even at like the peaks of some of these cycles um there's definitely a point where like they
kind of instant like if at the very least instantaneously go like oh so you probably
have money right now at least which is like plus one you know um like plus one credit with her
otherwise yeah it's like now you're like you're you're like a broke indian scammer yeah yeah if
you're at the bottom you're if you're at the bottom and like everyone knows the markets are crashing then you're you're a broke retard and now you're a broke retard scammer
like there's there's no winning right now
maybe it's better this way though
probably probably it's just uh from my perspective i see a funny min-max strategy that like crypto
crypto bros are forced into uh i mean honestly like it's much better than the alternative where
like you have crypto bros who are like historically not like the best at like women uh getting
predated upon by like girls who like uh are just there because they know that there's
money to be extracted. And the guys
don't actually have a defense mechanism
for this because they've never been
targeted by women at all
in any way, in any capacity.
So like...
At the moment, really, your only fertile ground
is crypto women.
It's like... only if if if
there's no way to uh stop them from ever finding out what you do for like all your money maybe you
should get a job like a part-time job at mcdonald's and just be one of those uh just affect is one of
those broke guys well maybe for me but i was i've always been kind of like i just don't mention i'm in crypto i'm just
like yeah i trade financial instruments and such and then just i just pray to god they don't ask
which ones because i always start off with like forex stocks and then sometimes maybe a little
bit of crypto on the side i don't know just keep like a token like E-Trade or like Schwab like brokerage account and just put
some money into it and just show them that.
If they ever asked us every time, just show them that one brokerage account.
I'm like racing all the things that I do in my life against each other to see like which
things that i do in my life against each other to see like which can be the most host scaring
can be the most host scaring.
so it's like i either have like streamer slash podcaster slash like poster slash like media
creator slash like crypto traders but you know like yeah it's like what more can you add in
like you could almost you could see like almost it would be better if i
said it was like an only fans manager than basically any of these things or like oh like
i run a porn studio i run a porn studio yeah podcasts are my i mean all of these do also just
all of these also are just heard by women as unemployed right yeah so like you don't necessarily need to say unemployed
it's just it's just heard as that yeah like uh sometimes in same port when i meet up with normies
like people that are in like track fire or in like totally random industries and i tell them
i'm still doing crypto they're just completely shocked they're like but but the but the previous
scam was already complete right like why are you still like you know that that's kind of the sandwich complete they're like um
what's what's your new scam sue because there's this new guy have you heard of malone lamb
he's the guy who like was involved in the fourth like the 4100 bitcoin uh hack uh via google uh by
pretending to be google's self-support um and then he got caught so he's now like the face of
crypto insane for now because this kid is 20 years old and he basically impersonated google support team member and then um um using that he he basically
tripped a coinbase user into sending out 4 000 bitcoin um and then he spent like some coinbase
was this the kid that like um also streamed it and that's how he got caught uh his friend's
was streaming his friend was streaming and then that was how the
details got in yeah yeah but he was also like living very high profile like he was buying like
he bought every girl at a club a Birkin bag he like bought girls cars and stuff right yeah he
bought a bunch of cars and stuff was this the guys that were on the run for a while
i don't know if they're on the run but yeah he's now in a prison
in virginia but he's now like become the face of crypto in singapore like when people think
of what crypto is like malone lamb and yeah so you know lucas wheel disappeared by the way
from the stream it's just me now gordon oh i can't see anybody it's just yeah yeah it's just me now or anybody it's just yeah yeah it's just screen share only unless it's just
i also think that in a lot of the minds of retail crypto was already like previous cycle like this
sketchy thing where like quote unquote let's just say scam in their in their eyes and then this
cycle with the meme coin shit and then all the rugs and then even trump you know trump coin being launched and going down significantly
and just like them hearing like whiffs of this it just solidifies it more in people's heads of like
oh this you know the place to lose money i just keep the optics of the optics of the trump coin
outside of crypto is pretty bad i think just identify as a mega
outperformer the place to lose money but i'm up 5 000 somehow i promise yeah i mean that's one
thing i've noticed the cycle is like if you if you made money it's just oh that's a bad microphone, my friend. You stole it. You stole it.
All of us are just like,
Lucas, if you don't shut the fuck up right now.
It's like he's talking to four mics
at the same time.
yeah it's not on your sm58
It's not on your SM58.
oh did you did you see this vine thing actually pumped after that skit that was telling us about
it a couple streams ago are we good now yeah that was hilarious actually i thought of that
like elon actually tweeted about it the next day i don't know if he like somehow knew that
was going to happen or just lucky but pretty crazy crazy. That was Elon. Dude, Elon is trying to find the most retarded takers to pump just for shits and giggles.
I am absolutely convinced at this point.
But he didn't even shill Vine, right?
He just bought it.
Oh, well, I mean, that's the hardest shill of all in many ways, right?
Yeah, he bought Vine.
Acquiring the company.
Yeah, XAI or aix or whatever is the x
but but xai also bought x from ilana his own company bought his own company for 43 bill
yeah that's pretty epic like if you can like that's a game where it's like if you can play
that game publicly like uh that's just so baller right yeah i just spent 43 billion on myself
regards yeah yeah like uh invest in yourself regards
so cool i wonder what they're going to do with vine i think the platform they say the platform, they say the platform is going to go live again by June 16th at max.
So later in June 16th, 2025 is when they think Vine is going to launch again.
So you could keep an eye on Vinecoin if it comes down before that time.
You try to long it.
Just not financial advice.
I'm just throwing that out there.
Pushing Vine to go live earlier for the purpose of the
token price please please my trading strategy depends on this bro for the next few months
i'm just stalking that
i have no idea it doesn't look like it to be honest it's pretty cooked but you look like there
was this commenter that was talking about it saying it was going to come back and then the next day
elon tweeted about how vine was going to come back like the actual platform and then the
shitcoin pumps yeah like he was like call me me a retard, but I'm still holding Vine.
I'm pretty bullish on it.
Next day, boom.
Bro's just made a million.
He's never going to come in our comment section again.
Guys, I missed a titcoin as well.
It's at max negative funding.
People fading tits.
Wow.
It's quite a chart. How can you a tit bear like at this point in america
i like how they turn the bitcoin logo uh like they rotated it to make the yeah yeah so it's
breasts that's not bad unprecedented times they probably used ai for that like all i'm saying is
is actually future of finance
it's it's kind of hilarious that like previous cycle saying something was the future of finance
could have been unironic you know something in crypto some random coin you could have been like
xrp is the future of finance you would unironically have people being like yeah fuck yeah bro that's
facts this guy's spitting and this cycle it just like anything you say if you say the words future
of finance you just get laughed out of the room or people just assume you're being ironic because
there's just no way you said that for real yeah i mean people who own xrp they do believe it's
future of finance though right like they're not ironically holding it for the most part
They think banks will use it.
they think banks will use it my friend's mom thinks it's a future of finance
My friend's mom thinks it's the future of finance.
Your friend's mom outperformed ETH holders by a 6X.
I just posted that today.
Like, currently ETH.
Dude, I've been comparing...
Luke is crashing out instantly.
I've been comparing random charts to ETH,
and literally, like, AVAX is up, like, a 3X versus ETH.
Everything looks good in ETH.
Yeah, if you want... This chart looks great in E Yeah, if you want to feel better about your portfolio,
just chart it against ETH.
Just normalize all your charts against ETH.
I've literally tweeted this out before.
I said, like, if you're feeling bad, denominate in ETH.
Not so bad now, is it?
I always think it's funny when people do like alt eeth pairs like on the charts like would you take a position on like trash shit pairing or like yeah yeah no i
love i love when you pair like two totally unrelated dog shit assets against each other
it's like like i realized when i was doing like uh solana versus eath like
i was charting soul eath i think it was actually sayuki who was like i mean what are we really
doing at this point right like uh like what if this none of this means anything
no but it's it's it's rough like i didn't think eth was that bad and today i was like
let me let me see what eth is up since like june 2022 compared to like xrp june 2022
and like xrp is up 7x and eth is up like 100 so just a 2x and it's just honestly pathetic
respectfully to all eth holders i got nothing against you it's just like the chart is
pathetic not you guys it really is like really striking if you like look at bitcoin and then
change it to pretty much anything else like like what is that man it's like a different asset class
yeah which is to be fair like you could argue that very reason it just got dragged up because etc went up basically
and then just retraced everything yeah and that's every single chart in crypto i'm pretty sure
yeah like maybe tr looks just as bad at this point well soul hasn't like lost this support
level like eath has like eath is just straight up nuked through every possible level.
That was never a support level to begin with.
Yeah. There's never a support level with ETH.
Well, we now have so many ways where it's like, you can use the traditional indicators,
right? You can say, oh, this is the 200 EMA or something like, or you say like, oh, this is like the 200 EMA or like something like, or you can say like, well, this is the like ETH Bitcoin, like a 2017 level it's
resting on. Or you can say like, oh, well, like these are the 2021 like lows or, you know, like
we now have so many different ways to cope that like, if you need to say that like, well, we're
resting on a level right now so it's a good place
to punt to buy you can look at the ethereum chart and literally everything is a level like everything
is a level yeah we're like hitting levels that we havenacy of a level must mean something.
Oh, yeah.
And Ethereum's resting on the Bitcoin 2014 level.
People have an idea that because price is down so much, it just eventually magically
has to go back up again.
Demand is just going to sprout from air and the coin's going to go up
just because it's how far down it is. That's the problem with the idea of cycles,
right? Because every time all these assets go to zero, there is actually just a chance
that it just stays at zero, right? Yeah. We all say, oh, it's guaranteed to happen,
study cycle theory or something like that. But what are you even
saying? What is cycle theory? None of this means... There is no financial law that says,
well, the market did it three times, so it must do it four. It did it four times, so it must do it
five. And the financial law actually goes in the opposite, where it says the more times the market
repeats a thing, the less it is going to happen and
the less likely that it is to even do the thing in the first place plan b is crashing out right now
is plan b even still relevant compared to like last cycle or like the last 10 cycles i highly
doubt most new people even know who he is yeah Yeah, I was speaking to someone the other day.
Most are like Bitcoin-only new people.
Yeah.
I was speaking to someone the other day, and I was like,
oh, you know Plan B?
And he was like, what's a Plan B, bro?
I know what it is, but...
The support level thing is all... The support level and like the the bounce theory cycle theory
whatever is also like a funny uh cut against uh the whole notion well not the whole notion of like
proof of work or proof of proof of work or proof of stake but the notion that people have that
like those things reflect like intrinsic value of the coin such that like it can never dip below
that i read a funny comment like like a week or
two ago of a guy who said like no like you don't understand like bitcoin like the intrinsic value
of bitcoin is at least 60 000 now because that's how much it costs in terms of energy to mint a new
one and it's like putting aside like how he even uh calculated that if he even did which he didn't
it just doesn't make any sense.
Things just can go to zero.
People can just decide that they're not worth anything anymore.
There's some notion of all the material inputs or whatever
that went into minting a given coin on a given blockchain or whatever.
Proof of work, proof of stake, proof of wiping my ass or something like that.
It doesn't matter.
It's like they're still listed on a market, and the market actually can just decide that it's worth less
or worth nothing well on top of that the cost to mine of bitcoin fluctuates based on
like the hash rate or whatever which is basically like a demand so if price goes down that's just
going to go down and then price to manufacture it also goes down at the same time yeah yeah the deeper you go the deeper you go the less it makes sense but it's like
so many people still have this this conceit
does make you wonder how much hash power like lazarus and them have though like surely they have
bitcoin mining operations if they're also hacking protocols and stuff right that's like immediately clean
coins I am looking at this blazing bot interface here my god man they have made this thing so fucking good they've been cooking for a while they they
really did a good job because i remember seeing it like months ago and then they were yeah and
like they only have like base and bnb but like now it's like they have bsc solana base avax eth barra sonic uh which is like that's more than the chains that i would care about uh
this whole interface is like oh it's looking nice because they've been cooking so long that like
this is a perfect example of like just taking your damn time before you just like in crypto it's
such a normal thing to like before it's actually worked out you're like well we need to launch asap
because the market is bullish blazing actually just launched the shit recently
in the most terrible market conditions and they're getting giga glazed because they did such a
fantastic job just like working on it over the past few months that's like most crypto products
i think are designed to capitalize on a given market though um blazing bot is is evergreen you know
it's not really gonna yeah but they still missed out on a lot of like trench volume essentially
right well the point the point is that it'll it'll the the the use case it's like yeah i guess like
momentary timing but like in the in the long term you know if like you if you actually want to keep
your thing going um missing out on on cycle a or out on one of, I don't know, over the lifespan of an actually good product, like 20 cycles or something like that.
I don't know.
Study cycle theory.
It doesn't matter as much.
The better your product is and the more staying power it has, the less important a given cycle is.
This is also why most of the good things that last come out of the bear market.
Yeah. I mean, it's just better incentive alignment because if you're building in the bear market, you have to truly be insane, right? There's also an implication that it kind of
learned a lesson from like a prior crash. So it's just kind of intrinsically a little bit more clued in. Yeah. Or, I mean, the big thing is like, if you can survive when there's literally like,
you know, like the atomic bomb has gone off, there's like four cockroaches left. Like it's,
the nuclear radiation is at such a level that even the cockroaches are having a hard time surviving.
And you're like one of the four remaining cockroaches. Like you're just going to have
to be like, you're going to have to be pretty good. you're just gonna have to be like you're gonna
have to be pretty good you're gonna have to be pretty set mega roids roach yeah i definitely like
view that with d5 protocols like i definitely trust them more if they've been through a bear cycle
well i mean it's the same thing with meme coins like if a meme coin has had like a massive dump
or two uh and then come back like same right like if the thing has to be able to
prove that like uh when you're going gets rough that's an interesting investable new lucas just
dropped can you tell us more what happened you're like a robot underwater like frog right now
happen you're like a robot underwater like digital frog right now
he's a fucking transformer he's a decepticon wait wait i got a new business model ai lucas
wait a minute this is a this is ai lucas it's just uh bugging out right now now i understand
why he has computer in his name is it like uh is overfit. Oh no, it's fine now.
For a second, I got the computer thing in your name.
Damn, I guess they're sending the money back for the Whiff Spear.
They are?
Donations.
Yeah, that just dropped like five minutes ago.
I saw Gucci Bucket Hat made a post about how An, uh, and some, and some was like, uh, held at like the Israeli Mossad,
like blackmail tank. And like, they,
they filmed him having sex with like miners.
And so like they have blackmail on him and he will never return the with
funds and you are so fucked. Like follow for more updates or something.
I actually do wonder how many people just got saved because they zeroed their
portfolio, but they donated to this.
Now they're actually getting some money back.
I know. That's always a
really funny thing. It's like
there's a certain point of the cycle where you're actually
happy if your angel tickets just
get refunded as opposed to
them trying to build a project.
I love how
Sayuki is adjusting his love how Sayuki is
adjusting his AirPods
if it's the AirPods issue.
Is my mic still like...
Yeah, bro.
You're like...
It's literal AIDS.
I feel like...
If I were to design
a robot enemy for a game,
I would make it...
When it dies, I would make it make the sounds
that Lucas is making right now.
It's still horrible.
You sound like a dying
Dwemer automaton.
It's almost certainly a computer
issue.
I think I probably just have
infinite tabs open.
Oh yeah, that fixed it whatever
you just did he closed wait for real he just closed his entire chrome process i'm just i'm
yeah i'm closing like one of see the problem is that i have like because now i have like a chrome
like a stream yards chrome and then i have like the uh i have the uh the regular Chrome that I have with all my work tabs. And then I have the
presentation Chrome for when I show people things. It's like a guest. So I have five instances of
Chrome open across my desktop. And then I just found another desktop where I have other apps open
for some reason. Because now on Windows 11, you can do this thing where you shift
between desktops. And sometimes I do it accidentally because the animation is so shitty.
It doesn't actually look like you're switching. It looks like a glitch with the screen. So when
it happens, I don't realize that I'm in and I'm like, oh, fuck, like, didn't I have Chrome open?
Where's Chrome? And you just open another Chrome. So, so yeah, I think I was just like raping my Ram.
I would have loved to see your, uh, CPU tray before you start closing all that shit.
Yeah. We're just, we're crushing the, uh, we're, we're crushing the little, uh, what's it called?
Uh, what's the company? What's the company that makes Qualcomm we're crushing
the Qualcomm uh reduced instruction set computer ship here with uh you know all of our little
ARM transistors they can't handle it oh no they're only used to small instructions
hey you have you have apparently they're also not used to
the small instructions is it again yeah do you have any more tabs to close not bad
yeah i i think i know what we're gonna have to do here
i think ansem returning the the whIF funds might be the bottom voice.
Max bid.
Because liquidity is about to reenter the market?
Honestly, I feel like if I would have WIF funds,
the moment I would get them, just off ramp buy a gun and
look for ansem no cam trolling i was about to say i like the conviction and then you let you let it
drive dude the scamming this cycle has been such that like if ansem did decide to just be like
you know i've thought long and hard about like the whiff sphere
funds and i've just decided that i'm going to keep them like i think that would actually be
within the bottom 10 of like scamming that yeah no one would give a fuck like ansem's account
and influence and i think many people would just be like ansem it was a hard decision uh but i
admire i think you made the right one i didn't like the break
break that it took to come out and say this like you thank you for being honest about stealing
yeah thank you thank you for your honesty that's really refreshing man also like i feel like
everyone gave up on that like on it ever returning like we just kind of subscribed i did at least
that that money was just like he just took that for funsies
and he went out to the club with it it is i was just always like if you donated money to the whiff sphere like uh i i just feel like you're the type of person that like uh it really doesn't
matter what happens to that money right like that's that's not right? You didn't even write an angel ticket. You donated to getting
your money on a Las Vegas globe projector that doesn't even allow crypto advertisements,
right? You would be reasonably blamed for everything that happens with this, I think.
thing that happens with this i think it's a flex yeah it is wild how much money people got just from
It's a flex.
like from that like pre-sale matter they just post an address bro that was so if you look at all the
addresses that like raised funds not gonna name any names but like uh oh my god bro like they have
gambled their they have gandled their like uh seven plus figure fundraisers down to like
10 of the initial value in like six months like they've just burned like millions of dollars of
pre-sailers funds like we're building bro we're building building real things building you just
see like deposits to stake ship at all costs well building is just more expensive than it used to be, I promise.
Dude, okay.
There's this coin called like Profit Ladies or something that they hit me up like forever ago.
And they said like, listen, we have the most profitable sports better on this website.
And what we're going to do is we're going to take the treasury and we're going to do
sports betting with it.
And we're going to do like buybacks with the sports, the sports betting wins.
And this like, obviously no dude, that's the thing.
They're literally up like a fucking like 100x on their gambling
portfolio. Like they're outperforming every single market asset with their gambling portfolio.
That's crazy. Is it on Ox or?
It's on like Arbitrum. It's like a tiny market cap coin on like Arbitrum.
market cap coin on like arbitrage.
Just for once, I want someone to mint a coin and go like, listen, there's no value proposition
here.
There's no real product.
It doesn't do anything.
But please buy it.
We're going to run it up.
Just don't sell.
Don't sell.
Don't ever sell.
No, that's been this entire run, man.
That's been like every coin this run.
Yeah, I realized that that i realized as i was
saying that that is just a meme coin but i want it to be like fully honest like like uh like worthless
coin or something like that i don't know there was no there was no honest would be saying like
we will dump on you at this price like at this price the dumping begins right
the fully honest thing would be like we will dump on you at any price.
Yeah, that's more what I'm getting at.
What is the maximum transparency coin premise?
Many of my friends own several percent of the supply of this coin,
and we're all going to be dumping on you continuously.
Yeah, literally like coin mints.
Not only will we be dumping on you,
but we will be dumping on our our friends so like you have to you have to you're caught in the middle of a friend group
interpersonal pvp so i'm trying to dump before my friend does he's trying to and all of us are
on the timeline lying to you and that's the fun of it that's the game theory no no there isn't
even game theory they have it scripted out like they've released like an interview like okay at 7200 hours i'm gonna sell and then he's gonna sell and i'm gonna lose i'm gonna lose five
thousand dollars he's gonna lose fifty thousand dollars and it just all plays out exactly as
everyone expects we've now created like uh like wwe on the blockchain dude the the lighting situation in this room is so fucked
that like i have the ring light on and like it's still so dark in taipei that like uh
this is the maximum lighting achievable you actually actually look a lot less Turkish today, though.
Like, maybe like half Turkish.
Half Turkish.
An Israeli Turk, maybe.
An Israeli Turk.
I mean, that's not too far from the truth.
That's pretty on point.
Okay, so I'm finally back. I'm looking at these charts here uh do you want to take over the uh
browser window i was gonna go pull up that profit lady chart but i couldn't find it on deck screener
i need to find what the coin is even passed but like uh i i talked to one of the guys at the west
ham party uh he was actually he was actually a guy who uh
oh no this was a different person i was thinking but like apparently when they do the buybacks uh
they've just had all the holders been dumping so he's like but so like their coin is literally
just like the most stable asset on arbitrum outside of literally like tether now uh as he just like does like gambling dividends to like and I I just kept
saying like guys like you have a gift like you're just good at gambling you don't need to share you
don't need to share it through a fund like you should all deserve to be like billionaires off
of sports betting like really weird choice to launch it on arbitrum as well
well they launched a long time ago so like i don't i i mean i think this thing's been around
for like that's why it's impressive to me because it's been around for so long and they're still
doing it and they're still like like so many of these coins have just like given up on their thing
uh and they're continuing to do it.
Yeah. The one diamond in the rough is just a bunch of guys who are really, really good at sports
gambling.
Yes.
It's so funny.
We found the, we found the one surviving coin on arbitrum.
It's a bunch of guys gambling.
Okay, let's see if we can figure out how to share.
All right, now I can stop being paranoid about
accidentally doxing myself. No, no, no, no. You should can stop being paranoid about accidentally doxing myself.
No, no, no, no.
Like, you should never stop being paranoid.
Well, I just mean because my screen is no longer up.
Oh, yeah.
Less paranoid, I should say.
My one Bitcoin line just at all-time high. i just i was like okay we don't need these anymore
we're done with the lines we're never going back there again i think i had uh well i mean
that's why the line is there sir i mean i mean the ones below it obviously obviously. Yeah, I think... Oh, yeah.
I don't remember... Yeah, I think on a long enough time frame,
I had some down...
I had a lot in the 18 to 25k region.
I was doing a lot of Bitcoin lines back there.
Yeah, same.
The fucking amount of lines lines i found an old
trading view chart like yesterday or some and i was like man i was really out here trading that
that low ass range it's kind of mental well it's like the same thing with the ether charts where uh
Oh, this is so funny. Look, it's right back to our line perfectly from yesterday.
oh this is so funny look it's right back to our line perfectly from yesterday
Wait, is that a max long signal?
I heard the future crypto.
I just don't know. I just don't know. So, okay. I want to get Saffy in here so we can learn.
We need to trade up. We need to do like
an actual trading challenge on stream so everyone can watch us test our metal on meme coins,
which none of us here really know how to do if we're being honest. I think we just get laughed at.
Wow. This is a level also.
This is a level also.
World's most professional meme coin trader.
World's most professional meme coin trader.
All of us have to gain a lot of weight if we're going to be trading meme coins.
Like I've noticed something about the meme coin traders.
What, like they're all fat?
Is that what you're saying?
Yeah, it appears that many of them are very overweight.
Just because of dedication.
I didn't sign up for all that.
You signed up to stream with us.
Did you not read the fine print?
Yeah, I didn't sign up for the getting fat part, right?
I mean, you signed the contract, and the contract contained the fine print so i just assumed that you read it
right like you wouldn't let me let me check it behind a contract without reading it would you
let me pull this up
uh yeah it does say that you got to become a fat
fuck man to maximize our meme coin do you see the stipulation about becoming an incel as well?
Yeah, but I had that covered.
That's why we scouted him.
That's a level, isn't it?
Right there.
We gave you that one as an excuse.
We put it in the contract.
So if anyone ever makes fun of you for it, it's like, listen, man, it's like a workplace
obligation, right?
Like I'm bound by contracts to be an incel.
It's not like I want to be this way.
And if I violate the contract, they get to kill me.
It's not like it would have been this way without the contract.
I get pitches.
You have no idea how much they're paying me to be on this stream.
Brobera looks pretty good, actually.
Yeah, some dude told me short at $9.
So I shorted it.
And then the next day, everything was down.
Bitcoin was down like 2% or some shit.
And then Barra was up 0.5.
And I was like, this is the only thing holding on well here.
So I closed the short.
And the next day, it dumped pretty hard.
So I'm So L trader.
I mean, I don't know.
I think it's early enough and like enough of the bearer supply is like held by like unknown actors at this point.
Like there hasn't really been a super long distribution period or at least one that would make me like, you know, feel super confident having like a heavy spot position
but like uh this does look pretty good right like we're making consistently higher lows
every time here and uh like it's holding up pretty good now like if you look at
yeah like this is fairly similar actually
the soul is always a rather
pretty chart i must i must say
well like you can compare bera and soul
and like like we're seeing the similarity in the fractal here are we not
yeah like cut cut from here on forward oh okay
both both switching between the bear on bear chart what's going on here
i mean it's almost actually like uh the the big difference is this pump was bigger on soul than
it was on bear but you could almost cut from like here and say it's those twin candles, man, are so funny.
Yeah, I still laugh every time I see this, man.
Every time.
Because I was also pretty short Solana when this happened.
And so it went up here and I was like, oh, that could be bad.
And then the next day I was like, oh, I'm a genius.
No, you're not a genius at all.
You're nothing because nothing changed.
Well, I was a genius for not panic closing my shorts is what I was.
I see.
There was a period from like, I think during like March 23, so like about two years ago,
where the Bitcoin chart would just perpetually do those
candles on a lower timeframe. And it would just go up. And it was around 30k would go up, and then
it would just go back down, and just go up, and then back down. Bitcoin. It was the Barts. It was
the Barts, right? Yes, the Barts season. It was fantastic tech, honestly. I haven't heard anyone
say the word BART this entire cycle. Last cycle, we would still
do it, and it still happened
some, but there really haven't been
a lot of BARTs this cycle.
Do you know why they're called BARTs, by the way?
Andrew? Why are they called
BARTs, Lucas?
Lucas Computer?
You know?
Yeah, I do. Yeah, know i are of course we know oh the bart crypto pattern
eat my it's literally it's literally like bart's head i remember seeing this image
i think it's time to address the microphone guys i know it sounds fine
yeah i remember that image yeah i totally remember this now
is it still no you're good it's like no it's awful phasing in between and normal
i feel like it's probably not your ram i'm just gonna i'm just gonna flood him every single time now like it's it's it's off and on enough that i'm just gonna claim it's uh it's good when it's bad it's bad it's good we usually list i think at uh 10 but there are like i guess
exceptions more coming soon uh as uh some changes to risk make things a little bit more distributed for us.
Murad in shambles.
I don't know.
I don't know actually.
I love this image though.
But yeah, this was like 2017, early 2020. This was just what happened in the markets.
And it would always be this too. This is always how it would end. You'd get this big candle up
and you'd be like, oh my God, 10 billion. And then just pew.
And very frequently, it wouldn't stop here. It would make a full new level, like two levels below.
And very frequently, it wouldn't stop here.
It would make a full new level, like two levels below.
Yeah, Lucas, I think whatever's happening to your mic is a private key hack.
So they're in your computer.
Damn it.
Oh, now you're back.
They stopped.
I caught them red-handed.
You know how many times we said
oh it's fine now
every time we lied it's actually been fine the entire time it's the ultimate troll the ultimate
he's just closing his tabs all his important workflows ruined for the day
why is slack on i hate slack slack is probably the worst uh worst piece of software ever made
aside from everything that oracle makes like so it's literally like you have like slack and then
you have microsoft teams and then you have discord and then you have Microsoft Teams and then you have Discord.
And you're starting a company.
Discord is exactly better than all of them.
I would actually choose Discord.
I would actually choose Discord every single time.
Yeah, it's much better than Slack.
I would use Microsoft Teams, if I'm being honest.
But if you're not on Discord, if you're alone in the call, there's no jazz music.
So I'm just throwing that out there.
You know, those, those huddle jazz slack vibes go stupid.
Goddammit, the huddles.
They go.
Calling it a huddle too.
Just so Reddit to call that.
Yeah.
You want to hop into huddle, bro?
Guys.
So I learned from talking to some of the people doing like the polling from the election
on the DNC side that like libtard group chats are like like the friend group chats like the ones of like the boys and whatnot they're
literally all in slack like these people hang out in slack like it is oh yeah it's their discord
they want the feds to have their information yeah that's actually surprising. I would have guessed it was Discord.
Discord is a...
It's an extension of Reddit.
Yeah, like seriously.
It's like you...
The public reputation of Discord
as well as like the private reputation
of basically like every
server community on Discord.
Like if there's a community for a thing on Discord,
it's just incredibly limp-hearted. You go on it like if there's a community for a thing on discord it's just incredibly limp-hearted you go on it like they have uh oh my god even even down to the level of
like if you're like playing like an mmo and like you want to like join someone's guild there like
will be a guy in that guild who calls himself the safety officer like guaranteed i mean if if you
want to talk about like beds or whatever and like monitoring your activity
discord is definitely not the better off in here like it is complete spyware as well i mean
i only disagree with that in the sense that you're implying a relative difference between
the other ones like there's no way that microsoft or Slack aren't themselves completely compromised.
I agree. Discord is fully compromised.
I'm uploading all of my data and dick pictures
to NSA databases every day on Discord.
I would say Discord is probably worse, though.
You're taking a dick picture on a daily basis?
Yeah. I have a subscription list.
How else do you check your
jelking progress bro not taking pictures i know you're right i use this i just i use discord as
the interface for a lot of bots i write and one of them is uh one of them is just a model that
measures my dick every time i take a picture of it i don't really have to take like a very good
picture but it can like infer the dimensionality and like turgidness. So it can basically normalize it.
You mean turgidity, correct?
Yeah, excuse me, the turgidity of my dick.
The state of being swollen or firm, especially due to high fluid content. Okay, that's pretty
good.
I know it's like an extremely nuanced specific word that you would almost never have a use for.
Yeah.
I'm actually impressed.
I generally don't have to look up definitions of words,
but I had no idea what the fuck that meant.
No one has ever used turgid for anything else,
but to describe their dick.
Like where else would you like someone's heart?
Maybe.
my heart's turgid with love right now.
It's not like that.
Like in a medical scenario.
My brain is turgid with intelligence.
I'm turgid with insight.
I'm positively turgid with this emerging aneurysm.
Honestly,
emeroid would probably be the
place to use it.
My emeroid is turgid.
I suppose that is correct.
This shit's turgid-ing out right now.
Max turdidity
has been reached.
Oh, the turgidity.
What a stream. We went from high alpha to like this just happens every time we went from high alpha to higher alpha
the highest form we're at we're not even at alpha anymore this is just art
we're performing art i actually didn't hear anything for the last two minutes i walked out
i'm going on another smoke break the stream but i assume whatever happened was art yeah we were just
talking about how turgid we are the bb says ni hao vv are you turgid right now
dude's torqued out man oh david also included the other best word for it to mesence
that's like another word that that you look at the definition
and you're like, ah, yes, I will start using this.
But the instant you're aware of it,
you also become instantly aware of the fact
that it's never been used for anything
but to describe someone's dick.
I'm tumescence right now.
You were starting to say your,
and then you said someone's.
But yeah, I don't want to self-report too much.
I do spend an unhealthy amount of time describing my dick to people.
Is that what happened for the two minutes I was gone?
Yes, and there's a lot of use of the two T words.
How's it looking for the viewer count?
How's the discussion been juicing the viewers?
What do they think of this?
I think it's actually gone up
appreciably since we started like last time i looked at it we were at like 600 now we're at
725 and i'm pretty sure you looked for so at the start of it just on the lucas side i should say
a brick is a good word
Bricked is a good word.
Bricked is a more general word, though, than too
mesintertergid. It's like, ah, I bricked
my computer, bro. It's like, it's very different
than I'm bricked up right now.
We're looking for otherwise, like, innocuous
words that people nonetheless only use
to describe penises.
You could definitely also use bricked up in a few other ways besides just your dick.
No, I know that.
That's what I meant.
It's like, I bricked my computer, for instance, right?
Like as a, as a, as a.
Oh, yeah.
Yeah.
Oh, I was, I was saying like the people are here to not care, right?
Like the people are here.
People are here for a pump and they don't care what asset the pump is on.
Well. Ox. To mess. Ox. Ox. Ox. Ox. People are here for a pump and they don't care what asset the pump is on.
Ox.tumescent.
Yeah, Ox.tumescent.
It's like we were trying to find the most difficult URL that tells people the least about our products. And we finally settled on Ox.tumescent.
So true. settled on ox.termesin so true ox.bricked would be kind of epic
but it's like that also we have a rule
now against product names that
if they're
realized they will actually just manifest
like your entire shit breaking
I think
and I think ox.bricked is like
you have that url
and your site will never be online
right like you will actually your servers
will just be in a constant state of downtime
it's just a redirect that goes
to like a 404 landing page
no matter what
yeah
I think that happens a lot with people's usernames as well they'll like
manifest certain things that they actually don't want yeah that's ngmi and their username like
what are you doing man like that's not helping you no this this happens all the time and like
i used to think it was like sort of a meme and And it was like, Oh, like, well, if you name, if you name yourself something funny and dumb as a joke, like, it's fine. Like, it's not going to ruin your life. Like, just like, be an alpha male and like work around it or something. But like on a long enough timeframe, everybody who names themselves a thing appears to become the thing.
names themselves a thing appears to become the thing uh and you see it especially online when
you have like total liberty and naming yourself like the person who like names themselves like
uh some like ironic like uh loser name always winds up becoming like the ironic soyjack
ironic soyjack would actually be a pretty funny screen name. I was thinking about making a tech review channel called Soyjack Reviews,
but then I realized I'm doing the same thing to myself, right?
But you could play a character.
You could use an AI model now to redraw your face as an actual Soyjack.
But I think that just makes you the person, right?
Yeah.
You're probably right about that.
How do you play the character without integrating
some part of the character into yourself?
It's just the classic restart image.
It's like, oh, I was only pretending to do it.
I swear.
Yeah.
I have very bad luck whenever I try doing
something that isn't fairly earnest.
And I can massage the bounds
of what earnest is.
No, I gave up on the woman lucas account because i was like i'm just going to run this thing to 10k and then once i got there i was like okay let it stand as like an art project
or something right i should have archived it at the time that was funny i mean the issue is just
that you have to like you have to rip yourself into, like, like, the type of posting I was doing on that account was, like, gigacoustic.
And it was mostly an example of, like, okay, you can just, like, be, like,
like an annoying, retarded, like, nagging bitch and, like, get, like, a fuckton of engagement.
Yeah.
It was sort of just...
Like, all female Twitter accounts?
Yeah, I mean, like, there's many accounts now that have come out that have basically used like the same formula, but like, I just wanted to show like, it is actually just learnable.
And like, I, you know, like I did it in like 50 tweets. It was like, okay, I'm better at being a woman than you all are.
This is like, it's actually not that like uh useful or meaningful you're not
like teaching anyone anything really uh nagging is not like uh the the attention that nagging
generates is not correlated to its truth in any way is the basic message of that yeah it turns out like all the uh like like i made the illustration like a few nights ago it's
like oh like new like especially right-wing twitter this happens all the time it's like
oh look new like based right-wing girl account and then like you see it again in like a weekend
has like 5 000 followers right and it's not doing anything special. It's just completely rote.
Girl's completely retarded.
The truth is that the reason
why it ran up
so quick is because it's retarded.
There's nothing special
going on there.
Your modal guy who just
follows any sufficiently girl
presenting account is following it for
literally just that. It's sufficiently girl presenting. Yeah following it for uh literally just that it's
sufficiently girl presenting yeah i mean anyone who's ever dated like a girl who has any online
account of any sort has noticed that it's like uh the people following this account like uh it's the
same thing with crypto twitter accounts actually like you have many dead followers in the sense
that they like they follow because they're a girl but they don't actually like the content so you'll have like a ton of followers and like no engagements uh
which is like if you look at like 120k crypto twitter account uh especially when the market
is like off cycle or just not doing really well they're just posting stuff for like 20 likes all all the time. I guess the difference is if you're a girl, like, uh, the reason you were followed
was, uh, like, it doesn't go away like a market cycle does. Yeah. Yeah. It's very rare to see a
girl crash out and like, just lose like her following, like extraordinarily rare. Usually
it always you know
it usually happens once right like there's a reason that there aren't many e-girls that keep
around for longer than five or so years and it's because like there actually does have to be a
degree of like fairly sophisticated like social politics that go on in order to like stay around
in any like uh online scene with like a high degree of scrutiny on your entire life for that long and at some point what girls run into is they hit the thing where like uh they like they
usually live like a fake internet life but then at some point like uh everyone learns enough about
their real life and they like they cross match it to like their fake internet presentation
and someone releases like a it's like when everyone knows like oh this is actually just like a retarded trailer loser bitch uh then it like uh you know it it no longer can be presented
in the way that it is online and it loses like all of its uh thing right you know like an example
like i i i can think of a counter example like it'd be funny if we're thinking the same thing
where both there's different takes on it. Remember Achilles
and Annie Skywalker from 2022?
She's irrelevant now.
No, she's not.
She's floating around still.
Yes, but it's
15,000 followers.
Yes, but that's what she
had at the time. She was like a 10K
account.
Did she really have an account then? like what she had at the time it was like she was like a 10k account like uh it's sort of like uh
what did she really have an account then i i don't think uh she was like yeah she did at the time no she had she had a few accounts actually uh but no she she had a decent size account uh there's yeah
there's just like i think that like for what what here what here what what it goes is it like it it
yes yes exactly
it puts like a cap on respectability at a certain point because like there's a lot of ways where
it's like really easy for girls to get attention but like if you fall into the trap of doing it
it's basically like selling your soul because it makes you unrespectable at a certain point
uh and so like when you get into those ways of getting easy free engagement by just using the easy Freud playbook, you now wind up putting an inherent cap on how much anyone actually listens to what you say.
In the abstract, I would agree with you if it was about anyone else.
But again, I question the premise that anyone is necessarily following these girls because they want to listen to what she has to say.
You look at any of these people.
No, no, no. It's less the guys.
It's more like a lot of the people, especially on right-wing Twitter, they come in and they start off giving like, uh, Oh, like the feminine dating advice or something like that.
And then like,
there will be a legitimate like bastion of like,
the girl posters who have flower or deer abbeys that like listen to them.
And then at a certain point when you know enough about their personal life
and they're just like,
well,
I actually don't want to live that life myself.
Right.
Like I don't actually want to be this person.
Now all the girls start like disregarding the advice and saying like actually this appears to lead like the hell essentially uh and so like
you may still follow them and like it's like oh that's like an interesting thing that they said
but like they stopped taking the advice this is like i think that's why mostgirls is apparently derogatory, but crypto girls that post shitposts but kind of have good takes as shitposts do the best in terms of engagement.
If you're trying to be a girl and crypto is posting high often, it's not because I think that girls don't have any value to add ever.
often it's not because i think that girls don't have any value to add ever it's more like most
people aren't they just subscribe to the idea that women don't have much value to add unfortunately
or fortunately i mean the thing with the internet is you can always just log on and be anything
right like if you want to log on and say like the fallacy of like oh nobody respects me because i'm
a woman is very stupid on the internet because you can just log on and be an anonymous like cartoon
pfp account and like never talk about being a girl the reason that people talk about being a girl is
because it is one of those things that like gives you easy free engagement right yeah it's the
esoteric wisdom of like tits or gtfo it's like uh what like the instant account like starts like
baiting with like i'm a girl i'm a It's like, there's literally no difference between that and just having tits out.
Right? It's like,
at least as far as the internet is concerned.
Right? It's like, there's the
classic BAP sentiment.
Like, she should just do pornography.
I'll be more honest.
Yeah.
Like, you don't...
You cannot both
post the bait and then also say like uh not
the bait but like you know the like you cannot post like a selfie of yourself like uh with your
ass out and then say like how is solana looking today and then later complain about how like uh
you're treated for being a woman in crypto right like you can do one or the other the uh the people
you're talking about why because i kind of have a
like a few posters that like kind of sit in this archetype
of like girl who's like has
like some interesting things to say but like she's
a girl and also like she kind of like shit posts along
the along the side like the whole
like that's like a really good way to
like to like uh hedge your alpha
basically or like hedge like your uh
like your actual like convictions
um at least like
just when you're when you're communicating them just like culturally you know um it's uh it it
never really uh and not never but I think that most people don't really see much of a use case
uh in being like fully earnest with a given position, they should just like kind of say what they think and then hedge it with some
like plausibly deniable like persona at the very least.
Like,
are they serious?
Are they not?
Or like,
you know,
who,
how,
like,
who is this person exactly?
It's just,
it makes,
it makes it more,
it makes any position more comfortable to take intrinsically.
Yeah.
The art of sentiment hedging is,
it's actually very similar
between both like crypto twitter and uh like the dating takes right wing left wing etc like normie
twitter in the sense of like uh you want to have some like you see you see a lot of people saying
like oh well it's just a joke or something but the joke is actually just that they're saying exactly
what they believe but like more strongly right it's like you don't actually believe that the directionality of
what you're saying is wrong you just are like saying it in a more extreme way and then if
someone like uh gets mad at you like oh i'm just joking bro and it's like well but like explain
how it's different than your actual beliefs right like what is what what is the bit like oh oh like
they're doing a bit and then uh the the bit like, wait, if you look at their life, like they actually do this.
Like they actually do the exact thing.
So like, how much is a bit?
I mean, I think Joaquin just did this a second ago when he was like, unfortunately or or fortunately most people don't respect what women
have to say on the internet like he just like yeah i'm playing i'm playing right there
you can't even make the statement that no one respects what women have to say on the internet
without hedging bro i don't want to get fucking flogged for this you know what i'm saying
i was just like on stream before this with this
random like twitch gamer girl um great girl for that matter but um and then i was making jokes
my type of jokes which might be a little bit edgy on occasion and i was like fuck man like
she about to get banned on twitch or some shit for the shit i'll be saying
because like you can't say shit i was i kind of mentioned like i can't say shit nowadays in 2025
and she kind of agreed so luckily like we were in the same boat on that i don't know what i said
but i must have said something edgy you can say a fair amount. I called someone a fucking nerd. That's what I did.
That's what I mean.
He was a fucking nerd.
Twitch, though,
is sufficiently cucked
that you can just get one-shot
without anyone actually reporting you.
It's just like if
a mod finds you, they will just
kill you.
If they feel like it,
like that site is very,
very well known for having insane,
like capricious mods.
And by mods,
you mean like Twitch mods,
or you mean like the people in the chat?
They're like,
like the people who,
the people who work at Twitch doing Twitch moderation are like,
some of the most,
they're like Wikipedia mod tier in terms of
their like they will spend they will spend literally like uh 32 hours a day uh going back
and forth in like an edit war with someone to make sure that they've like removed all uh
all evil sentiments from whatever the article is or something like that
or just the sensation of having fought over it.
The thing about the tyranny of Twitch mods
is that they get instant feedback
because they know it's like...
One of the big draws of Twitch
has always been Twitch chat and everything.
It's like whether you're talking about a channel moderator
or a site admin or whatever,
you're talking about the same personality.
One way or another, you're making someone's day less fun. Like one admin or whatever. You're talking about the same personality. One way or another,
you're making someone's day less fun.
One way or another.
There are a lot of things like...
I mean, moderate...
You just got fucking zooted.
Just faded out of existence.
The aliens finally zapped this motherfucker
back up
he just
he's back with his martian people
and he's still not back
he's just
he's out of range of our satellites
it's over
we lost the computer man would be a good bit if he just like He's out of range of our satellites. It's over.
We lost the computer, man.
Would be a good bit if he just disappeared forever after that.
The Lucas voice model completely crashed.
I'm running it locally.
I'm back.
The validator's note stopped running.
I restarted it.
The Lucas network was DDoS.
I need to figure out how to turn on the fucking lights over in this room.
She just got unseated.
Maybe it's this one?
No, maybe it's this one?
This is real iteration.
There we go.
Cool.
Okay, I did it.
I still can't figure out how to turn on that light bulbs work um i think with the the thing you guys
were speaking about about like the usernames and how if you name yourself or something on
on twitter etc you kind of like become that person
do you think it counts the same for profile pictures oh yeah absolutely yeah definitely
it's not more so it's like physiognomy but digital this is um this is like uh ancient esoteric uh
wisdom or whatever for like why uh like in like like Rome and like medieval Europe and
everything were considered like second class citizens like there there is like actually like
some Lindy like human nature insight there because you're if you don't do that then you're intrinsically
privileging like an incredibly like fluid and opportunistic not even necessarily like
intentionally opportunistic but one way or another like fluid and opportunistic personality type
because a person just kind of does become like the jar that they like that they basically like
set uh set uh set before themselves you know and whether that's like a role or uh in like a movie
or a stage player like or like an online persona like one is more so their mask than they are like
something underneath you know like you have um like like people who work like dog shit jobs or whatever,
like they're, they, they really,
you really know basically everything about them when they start complaining
about their job or like, or like the way that they complain about their job.
Right. Because that's an incredible, that's an incredibly,
that's an incredibly like typifying like role that a person sets for themselves.
The guy who hates his job for X reason, basically.
Guy who is wage slave.
It really doesn't apply to anything.
So what are you saying my profile picture says about me?
We've got Sue back.
What's up, guys? what are we talking about what do we think
joaquin's profile picture says
it's a good question i mean i don't know yeah my knee my media thought was femboy energy
yeah i was gonna say like depressed depressed intel or something like that okay
so how did you
just wanted to pull that in all right so an avid homosexual we got anything else
how long have you had that photo for uh a few months now because i had the purple retardio
first and then i switched to this oh yeah no you're close you're close to the point of transition i
think soon i'll just dox and you'll figure out i'm actually a woman so bearish on like malade
on like remilia like uh mladies and everything it's but i thought well this is this is one of
shiro's things and i think that honestly the thing here is less so the uh the the drawing and it's more so the purple hair like
something about this specific thing with the purple hair like uh also the makeup
it's versatio makeup yeah yeah but still like you're wearing makeup bro okay vv's vv's hitting
us with an outside take here saying saying it's Loki Truesal.
Maybe true, but, well, probably not true for Yoakwaiqueen.
Close enough.
Yoakwaiqueen.
Every time I pronounce your name, I do it in a different way,
and then I'm told that it's wrong, and then I try and pronounce it a different way.
I remember the first time in the office you were like YQ, honestly,
that shit works. Yeah. Like YQ is like, I can say that, but the problem is that like, I have a,
I have a, like my brain does like, is it Y or is it J every time I go to pronounce the name?
And then like, is it J, but with one of those weird like Spanish
pronunciations. And then my brain just like crashes because there's too much optionality.
And I'm like, my pronunciation engine is already like world historically like small, right?
So Sue, are we down for this trading challenge here? We want to get Safi on.
So, Sue, are we down for this trading challenge here?
We want to get Safiy on.
Yes.
I now have a Blazing bot loaded with 0.04737 Ether.
How much money is that?
Probably like $8, $80 maybe.
Maybe $80.
Maybe $50.
But you're on ETH, so so you gotta first change it to soul right
no we should change it to bs actually know what we should do
we gotta bridge to bsc first no let's bridge to fucking bera first
why does that isn't that mostly just like the same shit though like is there even shit coins on bera
i don't know apparently look
at all the coins on bear does deck screener have one of those i speak to some of the bear guys
apparently there's a lot cooking in bara um so i'm keeping my eyes like kind of peeled for the
ecosystem and seeing in terms of trenching and just like generally. Price action kind of reflected that recently.
Well, that's ironic, isn't it?
Is 3BC worth anything on Barra?
I think they gave us some.
We haven't touched it.
Oh, this is not bad.
Check 3BC.
Look at this, 19K liquidity.
55K market cap, ftv this is a coin that is investable with their current 80 portfolio okay there bc is 200 km cap so i'm not gonna bother probably have like 200 of it
with foods like we have 80 dollars like
80 dollars like we're like talking about size constraints and we're tossing around like 120
we're putting like collectively like 1000 iq this is tricky spot interesting lucas is pretending like it's
not his current net worth after the recent e flip this is institutional at this point
implying i would ever not short my youth holdings i think i would ever not hedge my bag
I think I would ever not hedge my ETH bag.
I promise, guys, I'm a validator.
I'm bullish on it.
I am both.
That's the thing.
I'm perfectly hedged.
I can tell everyone that I'm bullish because I'm running validators.
I can also tell them I'm bearish because I'm shorting more than the worth of my validators.
Remember what I said about sentiment hedging being important on ct
yeah
so there's a lot of uh lbgt tokens or uh social hmm well actually when you zoom out pgt i think
they're on the one-minute charts.
No wonder.
This doesn't even matter.
This doesn't look bad.
Look, something happened here.
BGT is like their proof of liquidity token.
LBGT?
Yeah, so BGT is their liquidity token.
Yeah, yeah.
And then, I guess, LGBT.
It's pretty close to...
It's pretty close to LGBTQ, pretty close to lgbtq i'm not gonna lie but
maybe it's all on purpose i mean you know that it didn't always have the q right it used to just be
lgbt am i dating myself by saying that or yeah that's not like unknowable to the human mind
well the og one was gay straight alliance do you remember that you always heard that yeah
yeah yeah actually no i don't really remember that i was the vp of the gay straight alliance
at my university for a while what i actually believe you i went to the gay straight alliance
meeting and nobody knew you i was uh i was the vp of like 20 different clubs uh at my university
because vp is a position on the, like in the
exec charter, there are literally no responsibilities for the VP. You just have to come to every
meeting and you get to stand up there with everyone and then like interject whenever you
want to. So like, that's like the optimal, like club position for me. It was like club podcaster.
Were you allowed to pace around though yes you
can you can just you know you can be as active as you want you can tell everyone that they have to
walk around during the meeting like do laps around the room oh you're having a jolly time yeah it
fucking rocked and the other thing is for some reason like all of the political clubs like thought
that like they're like oh like lucas
like agrees with us he's on our team against these other you know because like the conservative and
like liberal clubs didn't like super get along with each other and like i didn't really like uh
like there would always be like an assumption that like i was like a secret agent doing some
purpose of like gathering info from like the other clubs uh but i i none of it mattered um i you know
like there's no information to gather at any of these like you know like what are you saying you're
saying that like a college political organization is going to like uh look at your mic and doing should i just like restart my computer and uh probably yeah probably maybe like are you
into an interface right now or yeah i'm on an interface i've never tried maybe just try
like unplugging and replugging the interface back in before you do a full restart restart.
Demonic mic, yeah.
Just showing us Lucas's true nature.
Lucas possessed.
Actually, the high school I went to had the second gsa in the us the first one was in concord
academy concord mass and ours was the second and they used to have like a gay like gay pride week
where they would show you lots of like films and videos this is like in the context like filmpcpedia is a word like they showed uh mavi on rose which is like this pro-trans film uh they show you like like
basically gay like movies gay like propaganda like pro-gay films yeah but but they show it's
like the whole school that's actually like pretty but it's like four pretty... You'd have to pull up and sit down?
You could choose
which one you wanted to see.
But there was attendance taken?
You get to choose
which pro-gay propaganda you watch,
but you have to watch something
which to see Hypno tracked.
Yeah.
It was actually pretty interesting.
I think it was so early in the woke wave that it was like it was considered based uh yeah it's like counterculture
or whatever yeah at the time yeah it's like cypherpunk trans vibes yeah what when did you
graduate college uh graduate college oh eight high school oh yeah so yeah definitely you were uh in the era
of like the counter bush uh yeah it was called culture yeah it was all anti-bush 9-11 overreaction
islamophobia uh pro-trans uh yeah that was like that was like a libtard local top
yeah that was like when the libs thought they had
the mandate of God and they were like,
we're right on every issue.
It kind of seems like they did have
the mandate of heaven at one point because
it really swung super hard in that direction.
Yeah.
I think there was a way where it was hard to come out. A lot of there was a lot of swinging a lot of swinging no i think
would it be impressive of us to run up millions of dollars on blast like what because like that
to me it's literally impossible what do you mean there doesn't exist the like there is no there is no factor from the blast
price price movement like blast mcap itself is what like 300 mil now
still blast
yeah blast circa m cap is 80 mil
it's pretty cooked oh this is amazing the 300 mil with uh 371k of lick
it's pretty good lucas we need to run back baja coin dude oh that was the make it play after wojack
uh yeah i remember like sending you a screenshot of
my bat my baja balance and it was like right before the airdrop or something
it was like 200 grand and then it
just went straight to zero after that pretty much i love the screener logo just for accountability
so spawn rugged apparently the one that sappy talked about yesterday oh yeah i lost money on
that and then the guy tweet tweeted like well i I'm just experimenting here. Like we are.
I mean, realistically, it was like that idea was never going to work.
And we're like long term.
Yeah, it didn't make any sense.
And then he said, I was just doing performance art to show you how it's unsustainable to have so many coins.
Oh, yeah.
I saw that post and I like eagled and I laughed and liked it.
Performance art. and then i like eagled and i laughed and liked it performance art
wow this is quite a rug actually this is like our stream was the picotop right
i think we were like literally i bought the picotop on stream. Saffy Farm does. Saffy Farm does. Like I said, we are Saffy's exit liquidity.
That's all this stream is.
I've actually been mildly irritated about that
all day.
It's the number 21 hot pair on
Dex. Should we CTO it?
Actually, you can't even CTO it.
What do you CTO it?
It's just
generating new tokens every time you
try to cto it that pay like dividends to the person you're ctoing no but how does this how
does this work like where there's 54k of like eth in the lick but there's only 218 km cap
is that not like a value buy at some price has to be yeah i mean the lick the lick to like
uh but you can't you can't ever get the lick out of the pool though right it's like probably
burnt or something yeah that's true like fake value yeah i don't know well yeah there's there's
so it looks like there's probably like uh well hmm never mind
that is pretty thick liquidity profile though it is wonder if that's from all the coins
it's like 50k of liquidity uh 200k market cap so how exactly did he rug
i don't think he was like i think it just didn't i i'm sure he just sold the coins he had because
that chart looks like someone just nuked it but i mean like i can't really be that mad about it
it was like somewhat of an interesting idea if there was some work that went into it i don't
know that's my thought is like it may it may be like that it was sort of a idea but like uh it was also it was an idea right yeah and we need more ideas
we need so many more ideas
like this is the essence of of defy
this is the best the best trans movie i ever watched probably the best trans film ever was
breakfast on Pluto never saw that one right now it's about maybe a guy named kitten
what's your favorite trans film Lucas the one that you said uh earlier was the only one I've
ever heard of consistently uh my VN Rose is honestly solid if you watch it you'd be like yeah okay
maybe kids should transition at seven yeah like i've heard that one
i transitioned at seven but i lucked out because i detransed at nine
cut loss cut loss yeah stop loss. That's what you
mean by tight stop losses. That's why
it's important.
Does, like, the Matrix count as a
trans film?
Yeah. I think they really want it to,
man, but, like, I just don't know.
Like, those two literally got, like,
mega, like, psycho
raped by, like, the LA dominatrix scene after they made the first movie.
Really?
Yes.
There's an entire documentary about it.
I guess that's a dangerous game to play.
Hasn't they co-opted it for their own memes?
um more like both of the like both the wachowski brothers after they got famous off of the first
matrix movie they got like super into like the underground like bdsm scene in la basically um
like sissy hypnode themselves basically yes literally like that's that's what their entire
like persona right now is based on just how they got like completely btfo by like just insane sex pervert
people in la is that why there's no good matrix remakes yeah like uh they're making another one
by the way like uh they made the uh revolutions like god that movie yeah that was terrible though
yeah they they made it and uh they and like basically like uh their their
supporters like they basically took on this angle like oh it was bad on purpose because it's like
deconstructing like the the premise of like the first movie it's like discursive it's uh blah blah
blah um reads a lot like google schopenhauer or something like that but now they're making another
one so uh i i wonder how much they can actually like deconstruct the
reason why like people liking the first movies for the wrong reasons by making another movie
it's always like the funniest cope when someone tries to say something like that like oh it's just
bad on purpose bro like yes don't understand it's bad on purpose bro which is why we're just going
to keep milking it aerodrome looks cooked so wasn't i swear to god aerodrome was down at like uh two cents or
six cents or something because like i heard about aerodrome before it was listed on coinbase before
it was even like mentioned that it was going to be a part of the base ecosystem i bought it
literally thinking that it was a shit coin because one of my friends DM'd me
and he was like uh bro like you faded the last like 10 of my like epic calls don't fade this
one so I was like all right all right and I put like some tiny amount in and then it like
giga mooned but like I remembered buying much lower than like 50 cents was there I mean oh
if you bought it before August I mean you're looking at the pancake pool
you got to look at the yeah yeah hold on hold on
yeah that one
you know if you chart uh yeah this i remember buying in like this range yeah
you know if you chart arrow versus aux since july last year it moves
very similar to odds it's been at around this ratio of like like 100x
i don't know if you can chart all sorts of decks greener actually i've never tried that but you can
I never tried that.
Maybe you can overlay it or something.
Yeah.
I remember buying some arrow at like six cents or something, and then it went to like eight
cents and I was like, oh my God, his call was amazing.
And then I sold half and then it did this.
Bro.
Every time, man.
Yeah.
Yeah, I forgot. This shit was over two dollars at one point uh
at two points even
pull up the aux usd chart it looks so similar to this
Aux, not OC.
Yeah, the fourth one.
Although maybe there wasn't a USDC pool then.
Maybe do Aux.
Wow, look at that.
We've got so much.
You can change the chart to USD anyway, even if it's a crypto pool.
Just search Aux and use the use the eth pool because
that's been around the longest i'm gonna go down the you gotta keep going until you find an eth one
yeah yeah yeah all the like dozens of people yeah just go up further yeah that one
go up yeah just go up further yeah that one just go to max
yeah it's kind of similar to the arrow chart if you assume that this instead would have been
stretched out like you would have stretched these candles up for a second uh second peak here
stretched out like you would have stretched these candles up for a second uh second peak here let
me if you have the continuous from the uh ox one that then it'll look even more similar
but um wait so that screener you can't overlay two two charts it's created
maybe maybe yeah there yeah yeah arrow
maybe maybe yeah there yeah yeah
jesus this is brutal
okay so
oh because it only dates back to you would have to probably do go on the arrow one and
then overlay ox.
Why is that?
Because I think it only dates back to March now.
Yeah, like it's it's trying to start from whatever is the newest.. You can just make that part go off the screen and it'll redo it.
Just remove the beginning from your view.
We could just give up, too.
Yeah, I might just give up.
See, from a moment there, it looks like the same.
that's what i'm talking about
That's what I'm talking about.
i'm starting to see like oh my god the patterns like it's alignment it's beginning to make sense
i mean if arrow goes lower we should just move our pool off of arrow and put it onto pump swap
and put it onto pump swap is it against arrow or no no it's against the eth dollars bitcoin
there's three pools because arrow bribes for a while were crazy like you'd get a pretty good
multiplier yeah yeah like you would actually ride with like 100K and then 250K would be distributed to your coins LPs.
Yeah.
That is pretty crazy.
The obvious thing is if you make up more than a certain amount of the percentage of liquidity, you would just get free money if you're doing bribes.
The team is on to that too so so they
basically stopped allowing that yeah it's one of those things that when did they stop
allowing that like a drop or right um do you have to bribe in the arrow token no no you
can bribe in any token that's why it's kind of based because you're basically you you bribe with your own token the arrow stakers get your token and they give you arrow
yeah and then they count your token as revenue so then they're like look at all the revenue we have
but they're giving you missions of arrow so it's like that kind of like what does you make and
what does you lose yeah like you have
like one billion dollars of uh debts and one billion dollars of uh like revenue and then
no they're all but it's all like they're illiquid like you're just you're doing token swaps like
they found a way to like institutionalize like uh token swaps essentially i mean this is basically
how barrier works too right like bear you're basically bribing the validators
and then they give you BGT or they give you Barrow.
I believe they give you, yeah,
they give you rewards and you give them your token.
So the bribe ratios right now in Barrow are insane,
but then it's going to rapidly converge.
It is very cool though.
Like this has been one of the better like product
innovations I think in crypto has been like it used to be the thing of like you launch the token
and then you hold the liquidity and you use like uh you use the token supply that you hold as the
team to get like loans for things uh despite the fact that it's like you couldn't actually sell it
like it's not liquid at the level you're like at the LTVs you're getting like a loan for uh and now it's just made
commonplace by like an actual DeFi protocol
did render change its avi or is this a different one
it's avi or is this a different one yeah render the tickers rndr so i think it's oh yeah i thought
it was reindeer coin no no it's the same it's the same token yeah i think the wrong token has their
own ticker we did that with sonic too with sonic and render
actually we should tell we should tell someone that
because i believe it's rndr elsewhere right it is yeah
we're just confusing the market again we like We like to have innovative tickers, though, right? We like to make as confusing of ticker naming selections as possible for the market.
I mean, we had issues of like, remember like Trump token, you'd be like Trump soul, Trump
eat, and then narrow, you have like five narrows.
Yeah, and eventually it's just like broccoli four,
like broccoli 72, like broccoli on soul.
Apparently it's also confusing, like Thousand Mog.
People are like, no, that's not Mog, man.
That's not the one I'm talking about.
I'm like, yeah, it is.
But I feel like other exchanges also have that.
Thousand Pepe would be a great name for a tigger, actually.
Thousand Mog. Thousand Pepe would be a great name for a ticker, actually. Thousand Mog.
Thousand.
I don't know.
I don't know.
It's like Colt, too, right?
Most confusing ticker.
And he's like, that would be a great name for a ticker.
Like, that would be.
What is Sonic's actual ticker?
Because, like, everyone calls it Sonic.
The ticker's S.
But then on TradingView, I swear to God, it's not S.
It's some random shit.
Let me double check this before i sound like a fucking idiot it was annoying because
ic s it's nothing else but there's also like sonic svm which is also listening around the same time
which also namespace mod but do you think they just renamed because of how similar it was to female to male?
Phantom?
Yeah.
Like FTM.
Yeah, maybe.
Maybe.
I remember I was working for this crypto project last cycle and they were building some social
media thing on Phantom.
We had to do so much.
We were scraping tweets and like integrating them like
i don't know it was like uh incentivize shilling basically we had to do so much manual filtering
because like ftm would come up with all this like egregious like heinous it's kind of funny
yeah there's uh i mean like imagine that you start off with a ticker and it's like you think you have SEO dominance on this ticker because it's like you just you combined random shit.
You're like you specifically pick the ticker because it has like low usage anywhere else.
And then like cards come and they make it.
They're like, we're going to make this like a highly relevant search term for the next 10 years.
And it's going to be about like a woman cuts her tits off.
And it's like the name of your company,
but now it's like more heavily associated with like woman who cuts her tits off.
It's like overnight, your coin becomes like turning your dick inside out coin.
You're like our new, our new decentralized protocol,
like new like validator node architecture we call it uh we call we call it proof of dick
it's probably not a bad idea to launch a phantom meme coin now
airdrop it to sonic holders a lot of su's like meme coin idea names are things that are just like
confusing like
like male to female and
female to male culture looking cyanide capsule yeesh accumulation trust trust the process
i feel like the liquidity is just like too thick for it to ever really pump
i don't know hate to be like bearish on it on stream but
pingu i mean this looks more to pingu right i don't think it looks that's what i was thinking
like it actually reminds me quite a lot of the pengu fractal i think both of the coins like
both of those coins are like uh it's like it's just guaranteed if you do like a massive airdrop
to communities that have been around for years like you're gonna have like uh you're gonna have
an accumulation period uh like no one can guarantee
that it's going to go up after said accumulation period but it's like the accumulation period is
pretty priced in i think and for every buyer there's a seller i I don't know if that's really that true with like
AMM dominant coins.
I mean, I guess the pool is the buyer's seller.
Yeah, there are no buyers,
only sellers into the pool.
Yeah.
This is true.
Lucas, are you going to any
ETH Taipei events?
I didn't even know about ETH Taipei,
but I guess I probably will yeah this actually
does look quite similar yeah it's just the same they're both at the same level they're both at uh
yeah i mean these don't look like exponentially uh exhausted selling so like yeah we are getting
to the point where like it will start having having a little test pump here and there, I think.
Pengu looks okay to buy.
Yeah, they're both getting to the point where you could reasonably buy.
You can't lose that much, probably.
Yeah, it's already down 90%.
It can only go down another 10%, right?
It can only go down another 10%. I think the math is mathing to be honest
i'm gonna look at the uh the test pump comparison on each of these last two
risk management 101 yeah they both had they both had similar uh little test pump bounces here also
i don't know They both had similar little test pump bounces here also.
I don't know.
How is MiladyChan going?
I think MiladyChan is going okay.
I haven't talked to Charlie about... I actually haven't had a call with Charlie in like two weeks since I left Irvine.
So I'm totally behind on what's going on with Remilia overall.
But like last I heard, like, I mean, when I was there, even they had a couple of hires they were getting in for like Remy chat stuff.
And that appears to be going very well, which is good because I think otherwise Charlie doesn't get to finally work on that.
He's going to wind up killing himself.
Zeus coin.
Was this like the Ohm thing that that girl showed us the video about?
I believe Zeus is Solana Econo.
It's a Solana L2, I think.
Oh, this is a shark.
Wow. That's impressive. it's a slana l2 i think oh this is a chart wow that's this this is like an etf pump like eth chart
i mean honestly that's a level boys like say what you say what you will but that's the level that is
that also also a level
getting back to like the fallacy of uh like levels and and that they mean that the price must invert.
Bye, please.
It's actually crazy how cooked everything is besides BTC.
All of the trenches stuff is literally down 90% or more.
FAT is doing okay.
Yes.
There's been some new launches that are doing
all right that coin doing okay
hmm tutorial oh my god yeah it's still just like hasn't moved from where we were arguing about
whether it's going to go down or up no no no it's actually so it's at 0.042 when I said, I think it's going down and it's at 0.040. To me, like with a meme coin
like this, like 10% is not really a move. I don't know. No, it's not to me either, but I'm just
driving this in because like if it were a 10% or like, that's not even a 10%. If it were a 5% move
the other way, I would have said it's irrelevant like you're doing now but because it went in my direction i'm making sure to mention it right
fair this doesn't like uh i don't know like it's just kind of dicking around here like it this
it's a level like what can we say
yeah like the longer it stays here, I feel like the less
likely it is to go up again.
I was expecting it to kind of go up again
quickly, but what do I know?
One of the best charts I think is
Cheems, right? On BSC.
Have you guys seen Cheems?
1,000 Cheems, yeah.
Cool.
Put up a one-week chart.
Maybe that's too much.
Maybe one day.
Yeah, that looks pretty good.
Yeah, that does look pretty good.
Wow, that looks great.
With those wicks, it's kind of a level yeah I'm just pointing it out this is one of those points like there are times in the market where like literally every coin will be at a level and it's
like uh there are some people who feel that this means that you must make a decision right because
like now is like the part where it's like the move is gonna you know like it's
going one way or the other from here definitely uh well these are like the scariest parts for me to
ever punt anything yeah i guess it is like the moment of maximum risk right or whatever
yeah that was like my first big trading l um a years back was when everything was a level at a level
and i was like okay this is where i'm gonna like print so hard because everything's obviously
gonna pump from this level so i just went giga long um it did not pump from that level well
i think what you can do when everything is at a level is you can look at
like the relative strength of various coins and say like uh i'm gonna go long short here right
like i'm gonna hedge stuff maybe i look at like uh like okay i look at jupe and i say like okay
we're gonna we're gonna long this and then i look at this and i say like we're gonna this. And then if you go through and you find things where it's like, you think that there's
asymmetric likelihood of one or the other to happen. But the other thing is you could do that
and you could be wrong about why you think it's asymmetrically likely to go up or down. And you
can do even worse than if you had just like longed everything when it goes down. So.
if you had just like longed everything when it goes down so i think the idea behind like
longing at an obvious level is that it allows you to have a really tight stop right yeah like you
can say definitively like i'm wrong here at least whereas like if you're to personally i never used
like like if you if it were right here like at this point and you're like trying to figure out what
to do uh you're sort of just like randomly guessing yeah you have to like eat a lot more
downside before it's like obvious you're wrong yeah whereas it's like in this range here like
you can just say like okay here is this stop it's right here because you know they never hunt those or anything the thing is like yeah exactly that's kind of the
thing like in crypto especially i think just because it's so easy to hunt stops it just
happens a lot and especially to like quote unquote retail users and I don't know if that's
particularly malicious or it just happens to trade that way but hunting liquidity levels it's just
and longing after that essentially after stops have been hunted it's just like the most beautiful
trading strategy I think it's just more like positioning right like if it's some on some
really major obvious level then obviously like tons of people
are going to be positioning the same way.
So what do you think about like order flow analysis
of like CVD, open interest, et cetera?
Do you use that at all or is that just like...
It's okay.
You can use it on majors for sure.
And you can use it on like altcoin perps um yeah i think the most useful is still like uh depth analysis on majors like walls and stuff
that's probably the most important um i think people use oi cbd really well last year to analyze like eath post etf
because they're just like the ois expanded a ton yeah because i still use spot flows etc to kind of
see where actual like spot is buying versus you know selling etc what even is the indicator you're
using lucas i've always seen that
on trading view i've never understood if there's any use case for you no this is this is the roller
bump thing so like if uh if you were to design a car that had square wheels this is a surface
that would allow the car to roll over this roll over the ground as if it had circular wheels and it was on a flat road.
So the question is, to what degree does the procession of the car's wheels predict a given price action of a token?
Well, it doesn't really matter with Teslas anymore because it has...
Bro, honestly, for a second, I was trying to track what was actually going on and then i was like
no this is beyond my iq no no no it works perfectly look i set it at the wick and then it predicted
this wick that already happened in the past and it predicted also this wick that happened in the
past it was a couple candles off but that's fine if you scroll out more you'll find it i'm sure
predicting more wicks like uh does it predict what we call back testing
is it no i predict this wake up right so and then does it predict the upwick here
maybe yeah maybe a little if you fudge it some uh and i love how it's completely adjustable
yeah it's completely arbitrary yeah lucas can you move it over like a pixel and a half what can we get a higher
resolution can we get a higher resolution the blinds oh this is perfect
so you see perfect you line it up here it predicts this it also predicts the current price now that's going to be a long of a cycle
I think that's the bottom thing today it says that's what it says the periodicity by half
the cipher pattern
yeah no that's no that's facts a lot of info
when you really think about it that was pretty accurate
oh this is how they do that that's not bad yeah you just shift
you just press shift well well left here we're gonna save the market boys
people are bullish now there's a few ogs i know who sold like the top in December January who
are now bullish Bitcoin yeah I'm seeing I'm seeing like the good indicators saying that
they're like reallocating to Bitcoin some uh which is i mean like realistically if you're buying spot like it like how much
you know like you could experience this like it doesn't matter if it goes to 66k right from 83k
like almost it doesn't matter that's the risk reward yeah because i think smart money gets that sailor is buying
for other people not for himself so so i think people also like to buy a sailor foot because
it's like they know it's not real so the bitcoin's chart still just looks very good no
Bitcoin's chart still just looks very good.
Yeah.
And gold going up a lot
is good too, I think,
for Bitcoin.
Gold is up only tech,
if I've ever seen it.
Peter Shiff was right.
I think Bitcoin
eventually has to follow, though, right?
Pax G.
Yeah, I was forgetting what the
this is crazy chart just go on the weekly and just like this is the craziest thing nobody is trading
gold on ox that fun just pax g in general is like super low low volume liquidity in general i guess
it makes sense because like no one that's on crypto rails gives a about gold there's tether gold too that's around the same mark
we actually used to be the biggest arbitrage of tether gold and pax gold during 2020 when
nothing was going on um and there would be always flows where like if the market's nuking everywhere
some guy on chain will buy like a million dollars of paX Gold and then he'll pay you like 15K basically and you can take it to the bank.
But man, gold is literally just like raping all of us right now, though.
This is such a crazy chart.
Like, Peter Shipp is literally right.
Like Peter Shipp is literally right.
We don't have any, like, S&P indexes on Ox, do we?
No, we don't.
We could add them.
I don't know if people would trade them, though.
Maybe they would.
We can add...
Is that like a regulatory risk more so than tokens?
Not really.
Bybit has them now.
A lot of exchanges will have...
I think a lot of exchanges are going to start having them.
More and more people are trading stocks now because after this cycle, if you've successfully
traded crypto, you can you're probably like you can just wreck in like bad five right like
crypto wasn't super easy to trade this last cycle i don't know man
i had a pretty i'm not so sure you can go from crypto into like macro we haven't really seen
that yet i think you could with like bitcoin like if you if you traded like bitcoin and ether and did well i think you could probably apply that to uh stocks in general yeah
it depends on how deep you went into macro and stuff there's just like so much traded mean
coins it's just absolutely irrelevant like yeah definitely not like meme coin all coin trading
into tradfire you can pivot from meme coins into crash,
and then from Bitcoin and ETH, you can pivot into TradFi.
No, I think so.
Like eventually we just become TD Ameritrade.
Ox, the DGEN options exchange.
And then this gold chart too, I think um this doesn't go back that long but
if you go back very far like paulson after 08 he created a gold share class and that marked the
picotop of gold for like a decade so if you look at it from like 08 it's in in this like massive
accumulation range basically and now you have like china
buying shields of gold every day russia buying shields of gold so
probably just like gld chart gld you can use xau
You can use XAU.
I can put it up if you want on my trading view.
I have it up right now.
I think in 08, it went from 1,000 to 800.
Did the Fort Knox reserve check ever happen?
No. I don't know i don't know
because it would just be hilarious to see that should be empty
so somebody was speculating on like if it's empty theoretically yeah theoretically be bullish but i
would actually disagree you know because then everyone that's holding gold is essentially just holding
a paper promise for gold that doesn't exist so i would just giga so physical gold is now
nobody has like nox gold bro what gold was 300 an ounce in 2000 yep
but yeah like post 08 gold went to 2000. that is pretty difficult to wrap your head around
so so hank paulson sorry not him john paulson like short short short mortgage-backed securities and went long gold made like 10 billion dollars and then uh and then he had a gold share class and
then bled out in gold over 10 years but um bro I'm I'm like in absolute disbelief over
gold trading regularly at 300 in the year 2000.
why though what were you doing Lucas you weren't buying gold belief over gold trading regularly at $300 in the year 2000. What?
What were you doing, Lucas?
You weren't buying gold?
I was buying Bitcoin.
In 2000?
Lucas has been diabolically locked in since then.
It was like in here.
It was like in here where I was buying.
And it's like even then gold was $700.
The cheapest gold ever was when I was actually paying attention to it's like even then gold was 700 like uh huh the cheapest gold ever
was when i was actually paying attention to it was like 1800 so maybe well maybe like in the 1600
range i just like never went gold was trading at 1200 an ounce that's like retarded i'm like
irritated now i i'm like very mad that i didn't take at least 20 of my uh 27 because this is the thing
this is when i actually had like millions of dollars from like oh yeah trading and it's like
i could have rotated that into gold bars i never would have done anything with them but it would
have been like that would have just been so like jewish and awesome right like imagine you just
have like the fucking under your mattress like
there's no bed springs it's just gold bars
you know the thing with the astro the uh asteroid mining fud about gold is like
if they actually found asteroids with gold they would just not allow it to be considered gold
they would call it like moon gold or like something else, you know?
Kind of like the manufactured diamonds thing.
Yeah. Lucas, I'm sorry that you missed out on a 3X for gold and instead had to settle for like a 100X on your crypto port. That's real, dude.
It's not about it.
But the thing is, holding a hardware wallet does not give me the same feeling as sleeping on gold bars.
Revealed preference.
Yeah, that's your Jewish blood there, buddy.
It might be.
I'm like sitting out here like...
Spirking out over my total like... Like uh like oh my god I've faded the gold
bars under my mattress I told you you're not like a real Jew I mean the fact that I feel
this much regret might imply otherwise right god damn it man I'm being called a goyim fuck you you're the goyim i am jewish
i'm the i'm jewish i am the real jew i swear i'm jewish i swear i swear you have to believe me please like pulling out my i'm pulling
out my like star of david necklace but it's like it's in stainless steel because i didn't buy the
gold bars you're fucking you're fucking like pewter you're pewter stars of david you have like 40 of
them they like take they take out the little uh the little acid etch test and
they were they reveal to everyone that it's a 14 karat gold star david your yarmulke your yarmulke
like sizzled off of your head just vaporizes into nothing yeah isn't 14 karat gold only 50 yes
isn't 14 karat gold only 50 yes that's also a scam because it like if 14 karat is 50 then 28
karat would be 100 but you don't really buy 100 what is 100 they literally they literally applied
interest to the karat rating scale they shaved off the last four carats.
Well, it's usually if it's a jewelry, you don't actually want it to be super high
carat.
I'm pretty sure
24 carats is
95% or some shit like that on
purpose because otherwise
it's too moldable and you can't make anything
out of it. I think 24 carat is literally
just pure.
I think it still mixes some other metals it's like 24 parts gold to like 10 parts
other stuff yeah i'm pretty sure because 100 gold you essentially could make nothing out of it
it would just break yeah like that's why like that's why like actually amounts to 50 like it's uh pure gold is 24 karat gold fuck you fuck you jq uh
okay i'm a jew you're a fake jew i can't believe you argued with a jew about gold purity levels
like my two who didn't buy it yeah you're not buying gold man did you just call him jq nice
buying gold man did you just call him jq nice yq oh yq okay i called him jq no he did call him jq
double entendre it's like a freudian slip there
okay so 18 carat is 75 that is what i thought goldless jew is oh no so we were wrong actually
so never mind you should argue with the jew about gold purity because I was totally wrong.
14 karat is 58.3%.
That was my exact point.
That's what I was saying.
No, no.
Let the rerun show.
I actually just agreed with someone else who said the incorrect thing.
What is the point of 9 karat gold?
Who's buying 9 karat gold?
I love how they did this
in ring format
so that you can show it to your wife.
Your wife can show it to you
after you propose her.
Maybe they're using it in circuit boards
and stuff like that, like lower carat
than you would use in jewelry.
I don't know.
Should we list silver as well?
Why is there no silver coin? should list copper uh zinc palladium
and uranium we should we should become a heavy metals exchange well first someone needs to make
a token of it uranium was a crazy cook well i don't know what it was, two years ago or something. Fantastic stock price action.
Just up only tech until it wasn't this one.
Is it real?
And then they define, well, what even is real?
You know the way to check if gold is real is you can burn it in a fire that's one of
the easiest ways so someone tries to sell you a fake gold necklace you can just burn
it a bit check the emission spectrum bro yeah what would happen if i were to burn it a little
bit should melt right or get soft or something off rip just right away with a little lighter no i have gold on me
right now but i'm gonna burn right now what even is gold's emission if i don't want to burn it
it's a bit crazy isn't it well it's like a pure it's like a noble metal so it doesn't have any
emissions when he did it shouldn't bro look at this nine carat gold is a good consideration if you are on a budget and aren't interested in its resale value so basically real gold doesn't
burn or darken when it's exposed to heat it just melts so like there's guys that they'll use a
lighter and they can use a lighter to prove it um i'm pretty sure the old like the wild west thing where they put it like they chew the gold
doesn't work but um yeah but there's actually a lot of fake gold out there like even you go to
like a very big name souk or something where they sell gold your chances of buying fake gold are not
low interesting so hard it's just so hard to tell like they can rip you off by three percent and it's hard that they're already making a hilarious amount of money yeah yeah they have
like um like a what is it called like a spectrometer or something they can just like
analyze it though right yeah but even the one at the store like it can be it can be faulty right
yeah if they sell it to it's hers and they rip you off by three percent like well they also do
this thing where they'll do like an acid etch test but like the acid etch test is not like
unless you're like titrating this yourself it's not like uh you're getting like exact like two
percent accuracy right you have to bring your own spectrometer basically yeah i mean that's why
you're better off buying from the mint directly you're buying from like the perth mint or you're buying from like a specific mint like the south african cougarans are good um
so if gold's going up does that mean watches are going to go back up or
watches don't have that much gold in them yeah wait what dude dude
don't have that much gold in them yeah wait what dude dude
costco costco gold bars yeah yeah i would trust this more than almost
almost oh it's a member only item i have to sign in yeah isn't this how people are
of the credit card points dude they buy this gold it's actually like not even that different
off spot right now either that's like 20 above spot that's pretty impressive
yeah you can probably make money post credit card points buying it maybe that's just feeling the
gold run just like everyone buying a farm credit card points limit of one transaction per membership
with a maximum of five units per day that's's them openly saying we're getting arved on this.
That's still quite a bit, though.
That's like 15K a day you can slam into gold.
No, no, no.
It's one of the options we do right now.
You can buy a maximum of one time and a maximum of five gold bars in that one.
Oh, one transaction per membership. Okay.
Yeah.
What does it mean maximum five per day if it's one per membership?
Yeah, that doesn't make any sense at all. I'm pretty sure you can do more than one per
one transaction. I don't know. I've heard of people.
It says one transaction per member. I've never seen that before on a Costco thing. They'll say
there's a limit on this buy of you can only buy two or member. I've never seen that before on a Costco thing. They'll say there's a limit on this buy of you can only buy two or something.
I've never seen there's a limit of transactions per membership.
You must be getting an extremely good deal.
What if it's just limited to five units per day sold on the entire platform?
You just have to wake up really early and make sure you get your first purchase in they sell them in store yeah i'm not really sure because like these from my
understanding they're actually doing a decent amount of volume for the gold purchases so i
don't see how that would be possible if it's per membership but you should start a gold mint
somewhere ox.gold ox.gold ox.gold. Ox.gold.
Ox.gold actually goes really hard.
What the fuck?
It does?
Is that even a TLD?
I don't think it's a domain.gold.
I've never seen anyone have .gold.
Yeah, me neither.
I guess it is.
I guess it is a real TLD.
Well, this is actually Google AI telling me me this so it could be complete bullshit.
You're getting magically scammed on the silver.
Dark gold URL.
Yeah, you can register it on Namecheap actually so i think it is real oh yeah yeah it is
it is perfect for jewelers thanks that's kind of an exchange we should start selling jewelry i'll
sell the beads i'll sell everyone i'll sell every i think these are carnelian ox don't go in carnelian
mode today
wow look at this okay so you could buy all of these though right so you could in theory buy
you could buy two of these for a total of 20 000 uh and then you could buy five of the other ones
and then you could buy more there was some there was some third one also
there's like a bunch of different version of aping coins they're all like aping into gold on costco's website
dude i i've i've been using my uh costco card down here because like when we have to buy stuff
for the house like uh like recently we just needed like trash cans because we uh actually
didn't have them and we just been like bringing it out every time we fill a grocery bag with it
uh and you go and i use my costco us card and i get like this enormous discount like i'm getting
like a fucking uh it's like a 2% plus like another 2%
because you're from Costco discount
on something that is like already so much cheaper in Taiwan.
And I'm just sitting there like absolutely euphoric.
Like, oh my God, like not only,
not only am I getting this cheaper to start with
at like Taiwanese Costco price,
but I'm getting like raccoon points on my
credit card kickback 4%. And then you go to Costco and they give you a cash payout. You're like,
wow. I, I recently like signed up for the Amazon store card. Cause I spent so much money on Amazon
and now I'm like kicking myself. Cause it's like 5% back on everything you buy on Amazon. I'm like,
wow. I've like fumbled tens of thousands.
Yes, you actually fumbled generation.
I do the same.
Yeah.
Like you literally at this point in like the American experiment,
you have to buy or you have to sign up for the credit card
of every one of these companies.
It's the same thing with Target.
Like if you don't have the Target circle shit,
you just get skimmed for 5% every time you do anything there.
You literally need to use it.
Interesting. I don't really shop at Target, but.
Oh yeah. They're arbing you pretty good here.
Yeah. That other one was not bad or I wonder if it's just because gold pumped and they haven't
upped the price yet. I wonder how regularly we should start tracking the costco gold bar price to like the uh the the fair market
trading value of gold and seeing like i'll go to the taiwanese costco like i'll hit this arb
we can report back and i can tell everyone how i've made like 60 arving like costco cashback
this is like when when people say there's like a coinbase premium we could like have an indicator
like oh there's a huge costco premium on gold right now guys like people are buying hard
do you think uh do you think we could get sponsored on costco
i don't know man we can do anything so yes
go bike shopping Costco is honestly just a great store though
like that's how I can tell I'm like becoming
ready for fatherhood
you just appreciate
the finer things in life now
I appreciate the deals
oh this actually looks well it's like i
don't know dude it's like you really need like fucking 2500 commuter bike that's looks like
they got a uh composite fork in this commuter bike that's like uh not sure what the whole thing
is carbon holy shit that's pretty cheap the brand. Yeah. I don't know if I'd trust that that much.
I think this would be a great bike.
I just don't know necessarily that you need like a $2,500 gravel bike.
I mean, that's extremely cheap for a full carbon fiber frame bicycle.
They've gotten down a lot, man.
Really?
Okay.
Yeah.
CF production has gotten uh very very
optimized at this point interesting didn't know that yeah it's a 1x12 drivetrain that's pretty
cool a friend of mine like got a carbon mountain bike and uh we were out riding and he wasn't used
to it and he like hit the front brake too hard and just completely did a front flip
and broke his neck on like flat ground.
Jesus,
man.
Yeah.
I don't understand how you can do that.
Like I,
I got the warning when I bought the bike down here from the,
like he spent like five minutes being like,
if you break on the front too hard,
you're going to flip over and like,
but it's just like,
you just don't break that hard in the front.
Yeah. I don't know.'s just like you just don't break that hard in the front yeah i don't know it
just like pretty wild we just had just come out of like the downhill run so it was like
not even on like the dangerous part of the mountain bike course you just like did it on
like flat ground as we were going to the parking lot oh bro yo what's up marin
yeah i don't know i just don't get how uh i don't get how you can die on a bike but i'm
also saying this like probably like before i get into a bike accident right yeah
like it's a very famous last word thing oh it looks like sue is gone
we started talking we started like browsing the costco website and sue's just like okay well
i don't have any interest in this
i think that breaking your neck counts as dying honestly like even if you don't die he's actually cool now no no even if you like fully recover from it i think it still counts as dying
i i guess i can see where you're coming from like he was definitely
in the hospital like knocked out for a good bit yeah it's like if you if you have an injury that's like 50 chance like you dot like your life is basically over and uh if you get like
a negative prognosis um i think that counts as dying like in terms of like a near-death experience
yeah yeah near-death experience like your karmic debt or whatever it's like i i don't think that
god really splits hairs at that point oh so you it like relieves the karma without you
actually having to die is what you're saying yeah yeah so well it it also depends like cats have
nine lives like who's to say the humans don't have a few as well so like you're kind of just getting
scammed out of one what are you looking at now lucas oh he's still on costco shopping for phone lines
What are you looking at now, Lucas?
Oh, he's still on Costco.
Shopping for phone lines.
Yeah, I'm going to...
Here we go.
I need a new phone so bad, man.
Dude, the new S25 Ultras actually...
They didn't really update anything meaningfully,
except the new Snapdragon chip is just so good
that you just get twice as much snapdragon ship is just so good that like uh you just get
like twice as much battery again from it just being good uh and like it does everything fine
it doesn't have any like uh you know like it's a phone it doesn't have any like weird uh
surprises at this point like it's a black rectangle but it's a really good black rectangle
it's one of the best what has galaxy ai will galaxy ai tell me no fuck that shit none of this
matters galaxy ai i will say it's like because apple is its only real competitor and like apple's
ai is so fucking dog shit bad you it is actually remarkable how much better it is like if you want
to like erase something from a picture like i could take this right now and I could have
it cut me out perfectly and you'd just see the background and you'd be like, oh, that's
just a picture of the background.
Lucas is gone.
It's really good at removing stuff, moving it around to a different part of the picture,
adding in the right shading.
Can it clean audio?
Presumably, it can clean audio i haven't tried with the audio files on my like uh s24 but
maybe i'll get oh wow look they've got a they've got a modular sectional
those are such counter couches man i love them so much
man i love them so much our couches are like explicitly like you will sit here and you will
not sit here like in a reclined position or for a very long period of time uh and you're going to
be socializing while sitting but like this is like you will not be doing it you're not sleeping on
the couch you're not going to be going and like gooning off with some girl on the couch. You're going to use it as a seat, right?
Like the couches in your apartment, you mean?
Yeah.
What's this?
Why are they like that?
What's this?
They just have like really small, like seat space on them.
Like I'm trying to imagine what the couch has to look like to film.
It's just the furniture that came with the place.
Like I haven't gone like furniture shopping and I don't really intend to because like,
you know, if you have a couch that like functions as a seat you're not like i'm
gonna spend forty thousand dollars to get like a couch that's like a bed right you're like i'm
just gonna use the bed that's a bed while supplies last i think the tisdale six piece is just a part
of me like i think it's a it means a lot to me, sentimentally.
This couch represents me.
And it belongs in my future somewhere.
You could get this.
This is like a little, it's like a fake Gooner couch.
Nah, I need the full Gooner experience.
If I can't get the full.
I have like those couches now that come in a bag and they like expand when you open
them because they're like vacuum pressed.
Just add water couches.
Yeah.
If I can't get the Tisdale six piece just add water couch at some point in my life,
I'm just gonna kill myself.
Do you remember when we were talking about like the I don't know if it was with you Enzo, but we were talking about like the, uh, I don't know if it was
with you Enzo, but we were talking about like the nature of like what gooning is, uh, and
in the same way that that was, that was definitely a me conversation.
Like, okay. Yeah. Yeah. So we were talking about how like when, when girls or guys go
out and they're like searching on the internet for like, they're like, I just need this one
last piece of advice. Like this one last piece of advice is gonna tell me like everything
that I need to know. Like that also is gooning, uh, in the same way that like, I just need to read this one last
product review, bro. Like that's going to be the one, like I'm going to know when I hear the
information contained within this product review. Like that's what I need. Uh, that also is gooning.
And literally when you do that for long enough, like you feel the same mentally as if you had actually been gooning
yeah it's the same experience uh so there's actually one exception thing that i mean it's
all of this there's one exception to it and that's uh pump gooning like if you're like the only if
you're in the gym and like you're chasing a pump and you just have a pump going and going and going
you actually don't i i don't think that the uh the regret or the uh the time no it does
it does hit because if you keep if you keep doing pump exercises you eventually run out of glycogen
and you hit the point where you're so flat that even when you try to get a pump it's just on it's
like you're just weak and dead and there's no glycogen and you need more fucking uh like it
only works if you bring like an infinite supply of like oats and orange juice in
the gym with you and even then at some point you must run out of oats and orange juice and now
your gooning hits a wall i guess you're right about that i was thinking that it doesn't count
as gooning if you're not actually doing the thing you know like if you don't have a pump then you're
not pump gooning but i guess uh that doesn't really extend nicely to these other gunning categories product review gunning product review gunning is very real like
i i used to do that all the time when i was at my old job and i was just sitting there and i was like
i guess i'm just gonna because it's like it's something that you can plausibly like uh like if
it's like okay like i need to spec out like a motor for this right this will add value to
my life so make me a more it's not even my life it's like it was it was like i would do like
reviews for products for the things that we were building right so i'd be like looking i'd be
looking at all like the vendor specs for servo motors i'm adding value bro i'm yeah yeah yeah
and uh so it's like you can plausibly make the argument to anyone who's watching that you're doing like a value-added task uh even though in actuality it's like on like the amount of time it's spent
actually finding the product the premium that you're paying for your the premium you're going
to pay for it as well as like the uh the added time of like actually getting it from like whatever
like distributor that you actually get it from it's like 10x more expensive yeah you
eventually just realize that it's like in actuality what you want is like uh you want a product that's
like it's not expensive enough that your buyers are going to like throw a fit over it and try to
block the purchase and you want something that you have like a good enough relationship with
the representative that like if something goes wrong you know that like uh it's not your ass on the line like you're not gonna be
like you're not gonna be the one that has to eat shit if there's like a defect in like the
manufacturing run that your production starts on yeah Speaking of, speaking of Gooning, I think we're hitting Costco Gooning now.
Oh, we're definitely Costco Gooning. I'm actually, what I'm looking at now, I'm looking
at Costco like Taiwan to US arbitrage.
We're deep in the Costco Goon hole, man.
I want to see.
So could you like buy something in the US and then, or Taiwan and then return it in the US or something?
Is that how the arbitrage would work here?
I don't know.
I think you would have to probably bring it.
That's actually impressive to me that they have Costco, like the same branding and everything in Taipei.
I would not have expected that.
It was even the same product splash.
Like all the recommended products are exactly the same on the landing page.
That's crazy.
If there's like a physical Costco that you go to in Taipei and it's like all
staffed by Taiwanese people.
You put your cart in this like ramp that it's like one of those,
you know,
the airport ramps that like walk you, but it's like going up and it takes you up to the first floor or the top floor where
you have like, uh, you have all of the like non food items. Basically it's literally everything
in Costco that isn't food. And you go around there and then you go on a down ramp, but like
these ramps are made in such a way that they have like a ridging on them and the wheels on the carts all
have a ridging so that when you put the cart into the ramp the ridges lock into each other and they
hit these parking brakes and so your cart gets like locked in and it like it can't roll up or
down the ramps and like bulldoze everyone in front of you uh and it's just like wow like the physical design
like oh my god like i'm i'm in disbelief at the taiwanese physical design like what amazing
technology did not costco like a tsmc fab i gotta make it out there at some point
everyone has to come out to costco i mean taiwan i don't know i guess i'd go
check it out so it looks like they have different brands but acer and asus are both made in taiwan
so you usually just get everything cheaper if you buy that down here. Same with a lot of GPU, CPU stuff.
So those are Taiwanese denoms, right?
Like $27,000.
Surely that's Taiwanese dollars, right?
Yes, correct.
Acer laptop, okay.
Is it called a dollar?
It's called a ding chua.
It's called a new Taiwanese dollar.
Interesting.
I actually got a delivery of all my Taiwanese bills for like rent payment yesterday.
So I was flashing the, it's like, oh, look at 300,000 Taiwan dollars.
So I'm a money spread.
Oh yeah.
But it's like the annoying thing about Taiwanese currency is the bills only go up to like a thousand
which is like a thirty dollar bill so like thailand's like that as well
yeah it's really not great right like uh they they definitely need like a bigger one because um
yeah like i don't need to explain like if you're if you're paying for anything more than 5K, it becomes deeply irritating.
You have a wheelbarrow full of cash.
Yeah.
You're literally bringing around bags.
You just carry it and you save
grocery bags.
Everyone that I've done a transaction with
like that, they have a money counter machine
that flips them all off really quick.
It's just a common thing.
They just carry around in the bag all the bills of cash and then money counter machine that like flips them all off really quick. It's just like a common thing. They just carry around in the bag,
all the bills of cash and then money counter machine.
Is this the same one I was looking at?
I would be like,
yeah,
this is a different one.
I can't even do Costco retail arbitrage because it's like,
too stupid to,
you can't even
tell the difference now yeah nobody knows what's going on with any of this
this is actually kind of a this this actually looks like a stupidly good deal if i'm uh
just comparing it to whatever the costco specs are of this
so man i remember when microsoft first talked about like their fully ai integrated pcs and
everything and everyone flipped their lid and now they're just normal now dude we all we all
ignored like that i wanted was that fucking recall one that everyone was like no like it's a security
risk no and i was like dude like they already have everything and they already get hacked all
the time like 90 of your personal data breaches
are because of windows 11 fucking up in some way like it's all you're it's already priced in you've
already experienced maximum pain there actually is whatever this there actually is like kind of
a high iq take on the recall thing um like uh because like there's um back in like 2018 there were two like uh instruction set level
like uh exploit like uh like branch prediction exploits discovered in like intel uh cpus yeah
yeah the ones where you could like preload the instruction set and you could like learn things
from apps that were supposed to be like security gated based yeah yeah because you you would you
would just read the branch prediction registers because the cpu wasn't predict uh wasn't correctly uh dumping the
because it wasn't correctly dumping the branch prediction data like it was literally like an
architecture level exploit like it was like every single cpu had this built in to the way that it
functioned at a hardware level and like you had to literally just disable you had to disable like the intel predictive
engine which just raped all the cpus like it just straight into the ground it was really
fucking bad really really fucking bad um it was an insanely cool exploit though because it was
literally like the the whole the whole idea was uh you basically like uh you basically you basically
scrape all of the branch predictor registers inside
of the cpu and you would only get the branches that the pro that the cpu didn't select and then
you could use that to like infer like basically anything for at the cpu level but um which is
like fucking actually absolutely insane like the nation state level exploit but um yeah people people have that a lot like security
people kind of had that still in their head when microsoft started talking about the uh the total
recall thing and they thought like oh that's really cool that's really cool that we're just uh
like we're basically we're basically just introducing like more cpu level vulnerabilities
or like that was the fear at least like nominally though it's like you're still correct it's like everything like still is going through your CPU
one way or another like regardless of how it's implemented like it's on the manufacturer to make
sure that it's uh that it's secure right I guess it's not it's not a fundamentally different
situation but people people reacted pretty strongly to it. So we didn't, we didn't, didn't end up getting recall.
Yeah.
They all, and they keep saying recall will be coming.
And it was like, that was again, literally the only feature that I cared about.
Like I have this on, I have this, like I'm using the Microsoft Surface Pro 11 that has
all this built-in Gooner AI tech.
And like, none of it is useful in, in anywhere close to the same way.
Like it's like, oh, we have a co-pilot key so we can summon our AI.
And it's like, well, I actually don't want the co-pilot AI assistant.
I would prefer many others.
I would prefer like just a generalized programmable AI assistant button, but like being co-pilot
is not super useful.
It's just like-
The OS one is a little different, I think, right? You can like control your desktop. Bing Copilot is not super useful. It's just like...
The OS one is a little different, I think, right?
It can control your desktop.
So it had a given level of integration
when they were doing the product demos,
but they removed most of that integration
in the way that they rolled back the recall
because people just got scared
of having it have automated machine-like control over your computer, which, again, is like it's like what like if the thing cannot be useful unless it has this.
Well, people were people were like, again, it's like people were scared of it.
But now it's like they just rebranded it as agents and everyone's like, oh, this is the best thing ever.
Right. Because that's that's when agent is.
I don't know if anyone outside of crypto is excited by the proposition of an AI agent.
No, it didn't even come from crypto.
That's very much in the AI field.
They were working on it first.
It is definitely a thing.
None of the actual agents are heard of anyone outside of crypto be hyped for it.
How closely are you following the language but
like are you following ai development like at all uh decently i guess i don't know i mean like
i don't know like anthropics working on it open ai is working on it pretty lucas cursor is an agent
it's like when you when you're uh when you're talking to it like that that's an agent like you're you're you're giving an ai model like a kind of
kind of local control over your os like it has the ability to
fuck with directories and set up environment variables and paths and everything um
and look how useful it is like cursors that is my main that is my main issue with like everything i mean i said
this this morning actually was like playing around with ai my big issue is like the things that like
the ai cannot do for me are all like extremely trivial non-tasks and i was just irritated that
it can't also do them uh well like what like you immediately get used to being able to do
everything for you so you just like no no it's everything for you. So you just like take, no, no, no.
It's like, if, if it says like, okay, like now you need to like make an account on this
website and like find your API key and plug it.
And it's like, you know, you, you could do all of this much easier actually than I could
like, uh, yeah, there's like a class of like annoying thing that they don't have any ability
to do yet.
Like a lot, like a account creation and set up and telemetry and all that shit.
Like they're,
they,
it's kind of like a permission thing almost.
That's like very much why agents are exciting to people is because it will
allow them to do shit like that.
Yeah.
Like,
I I've been theorizing for a long time that there's going to be like some
kind of like,
revolution,
revolution or paradigm shift with like a basically like security and
off because every everyone's tired frankly of having a trillion fucking accounts right now
especially now that every every like account provider like every like like target or whatever
is like fucking emailing me about a two-factor authentication for my target account it's like
yeah yeah yeah exactly it's it's like there's
something is going to something is going to happen to basically uh provide people like some
means of like central control over all of their single sign-on mayhaps right like uh well it's
that the issue with single sign-on is that like you basically have to like there basically has
to be like coordination between all these things so like you you have to
have like target like you have like if you develop some like single sign-on service or even like a
password manager i mean password managers kind of hit their cap because like they have the same issue
or they don't have exactly the same issue but it's the same in effect uh but like the single sign-on
issue uh and the and uh is just that like you have to fold in thing, you have to fold things into it. And there has to be like two way integration, basically, similar with like a password manager, it's not that you need need like two way integration. But the past but they kind of inherently do that, because the password managers, they basically, they basically expose you to absolutely everything.
basically expose you to absolutely everything because of the fact that the password manager
then can be can be compromised. And there's been like tons. There's been tons of password
managers getting hacked. Oh, yeah. Like all of all of my data breaches were just password
manager hacks. Yeah, exactly. It's like my my like meet my like mini thesis here is that
like password managers getting hacked and single sign ons and and the way that single sign-ons work,
they're kind of the same thing.
They have the same problem.
I think that like what actually is going to solve
like people's annoying fucking like mega auth
spider web problem is agents, frankly.
Because agents don't...
I feel like it's already solved.
So you're saying they can just store it all
and then like deploy it when they need to yeah it's it's like if you
if you have like like let's say that you have all of your um you have like a locally deployed like
i don't know i this is actually like a bad way to like deploy it to consumers but i could actually
see like hypothetically like myself implementing this like you could actually like um in a pretty secure way put your auth data inside
of a model.
There's a way to make that
pretty secure.
And then
whatever agent you have
connected to the model, that would be
its method of recall, basically.
I think that would be kind of interesting.
Because the primary problem I'm that would be kind of interesting. Definitely. But like definitely it's because the primary problem
I'm talking about is like a UX problem.
People are just annoyed with the UX
having a trillion accounts.
So anything that just like does it for you
at the same time isn't like another account
for you to manage or to expose you
or compromise you or whatever.
Like I think that's what's going to take it over.
And it seems like agents are kind of kind of have the potential for it i feel like that's already solved
with just like like i can log into ever with just my google account i don't need separate accounts
for most things or like sign in with apple like isn't that already like but like when you find
one that you can't sign in with google you want exactly that you actually thing. I go into like, this is my version of road rage, actually.
I experience road rage in the same way that so many people that I've watched on the street.
And I've been like, I don't understand how you can be so mad at this.
Definitely, there are people who would watch me having to log in on my own,
like fucking flipping out.
That would be like, wow, this is extremely unreasonable.
I'm the same way like my i i i can't stand logging into things anymore like for some reason it just it's like needles in my eyes
and then the worst is when you have the sites that have non-standard password rules and you're like
they're like oh you must have a password that is over like 16 things long and you cannot use any of and it's like why can i
not use the characters you fucking retard like why why are you reducing the number of uh it's like
oh you can't build a database that allows you to use the fucking at symbol like the arch is stupid
because they should they're like hashing it anyways so yeah it's like something about it is
very broken they're you they're using some like
codicil database from like the 80s and it doesn't have lowercase characters like the air table free
tier we store your passwords in the air table free tier we have a giant sqlite database that
we store everything and we can we can never turn it off
hey man sql light is actually badass all right no it is not all the time no sql light is definitely
badass but i but imagine imagine being told that you're enterprise level like auth provider is all
in sql light i'm like i would that's based actually yeah i would be like fuck yeah
just the the sheer the sheer engineering problem that represents to like
to deploy that to like a billion customers all through sql light on the server
all right boys i'm gonna hop off i was i'm studying my passwords on my phone i put on a
new screen protector and you know like with like the ultrasonic like fingerprint shit how it just
like i've been unable to unlock my phone in a timely manner for the last like two weeks
and it's gotten to the point where uh my girlfriend's just screaming at me like whenever
because we need to translate app all the time down here like you need to be able to talk to people
you need to be able to read shit with like the translate app and like
i'm sitting there fumbling and like there's like a security guard like trying to say something to
me in chinese he has like a gun like two times like he's like actively gaining you and you're
like struggling to unlock your phone you're like no i yeah like the wrong guy that's so dumb and bad that's actually all right anyways i'm out later boys hey take care man
that sounds like a really funny uh funny experience just like walking around like a
foreign country like being the soy jack guy like putting your phone like your phone with
translations in people's faces yeah it's so funny you're like you're like yeah you're just always pointing at your own screen
doing like super exaggerated facial expressions to like put across like what you're saying what
you uh what the screen is saying as well to like show that you understand you like potentially
understand what it's saying the funniest part about it is that when you type it, normally in every other app, if you do the back swipe, it will hide your keyboard and let you read it.
But in this one app specifically, in the Google Translate app on Android, it will actually erase all of your text.
You type it all out and then you show it to them
and you swipe back so they can read.
Because the top version is just the English version.
And then below it, covered by your keyboard,
is the Chinese version.
So then you try and remove the keyboard
to show it to them and then it erases everything.
Yeah, you show it to them,
they see it for one second and then you erase it
and you look at them like they're supposed
to get the whole thing.
And it's one of those like, it's one of and then you erase it and you look at them like they're supposed to get the whole thing and it's one of those like it's one of those like automated movements that is so programmed into you like when you're using your phone and you need to get rid of your keyboard
you just do the back gesture right like it's it's literally like a kernel level programming thing
so like overriding that instinct is like damn near impossible and so you just do it to every
single chinese person like you're just do it to every single Chinese person.
Like you're just rugging every,
every Chinese guy around you.
Yeah.
Yeah.
It's just like eternal.
Wow.
All of our indicators are turning green here.
Holy shit.
Is it alt season?
Is this what alt season?
Is this alt season?
Is majors turning the alt season? Is this alt season? Is majors turning green alt season?
Well, I guess these aren't.
Vera might be an alt.
I don't know.
Look at this.
This has gone up from $124 to $125.
I wonder what I mean that's a win for me boys
this is also like the scary level on many of these things though because this is like
we could just burst right through the level we definitely could do it we also could actually
go straight to zero from this.
There are many times where it's like you hit this,
you retest this, it doesn't
go too well. Like this.
It's like a
boom.
We could get the
resistance support flip.
Bro, the levels.
The levels.
Levels are so funny
because everyone has some model of level,
like whether they say levels or not.
And yet everyone also will talk about how levels are meaningless.
They're not meaningless.
They mean things.
But it's just like you can also draw the wrong conclusion about what they mean.
Like they mean that the price at this point,
if it's going
to change directions is more likely to change directions than like at a random point, like here,
that isn't really a level. Right. But like, they also don't mean that it has to change directions.
Like it could just, it could just keep going. It could be the same direction forever. Like there's
actually like, there's no amount of levels that mean that the price could not just go straight
to zero forever.
Like it could just never go up ever again,
regardless of levels.
Well,
tomorrow is a tariff and Arna,
excuse me.
Tomorrow's April fools.
Wednesday is the tariff announcement.
So I wonder if i'm going to buy
more vix before then wait you're you're buying vix yeah that's so funny i guess that's what i do
like uh on bitcoin whenever there's like one of those, like, oh, it's the FOMC today. How are you going to trade the FOMC? And it's like,
I'm going to set up grid bots every $25 on the Bitcoin price. And it's going to go up and then
it's going to go down. And then in two hours, the price will be exactly as it was at the beginning
at the beginning of the FOMC.
of the FOMC. It will be exactly the same.
It will be exactly the same.
There's very few times where that doesn't work, actually.
Is this person sharing our own broadcast
or is this someone else's broadcast?
Safi says he applied for bankruptcy.
Safi, we need you to stop applying for bankruptcy
and you need to start sending us tickers
so that we can buy things using the Blazin bot
and our $80 that it has been funded with.
I applied for it's like every
I'm just copy and pasting every
link this guy sends
I didn't even look at the last one
fortunately I went to deck screener
Ashton slash soul pair on radium
it's a
wait not
pair not a pair I'm fucking retarded
Ashton what is Ashton
it literally just appeared wow we can get great deals what do you think this is a deal on this coin that this guy posted is so
new that you can only see a candle looking at a one minute looking at a one minute time period
safi is saying he's buying gold so are we we're doing the costco uh the costco points arbitrage
we took we took our 80 of ethereum and put it into 80 of costco gold
i mean the thing is uh i'm pretty sure that if I had bought gold on Costco and held it
for one month and then sold it right now, and I had made 72 new accounts to do this,
and I had saved the Costco points, I would have outperformed pretty much every trader
I would have outperformed pretty much every trader in every market.
in every market.
Right.
And like, you may, you may call me like retarded and Jewish for doing that, but like.
It worked right.
Like.
You can't question results.
Yeah.
I mean, like the guy doing like the retarded, hustle, penny-pinching grift seems really stupid when
you're printing on coins, but when you're losing money on coins, he's a genius.
The guy who's flipping AliExpress electronic Bluetooth earbuds by reselling them on Amazon
becomes a genius when all the things you're holding are down 80%
in the month. Okay, Lucas, Lucas, you need to, you see the deck screener link in the chat?
Yeah. Did you see, look at this. It says discover great deals on eBay. So it's like a deal for a
car. I can understand that deal for a motorcycle one that we looked at
yesterday no less so like i can understand that man and then yeah a deal for this extremely pointy
tits woman and then this one maybe like i don't know this is a lower tier of tits like i'm not
like a huge pointy tits bull oh it changed that was you were having noticed it like heard me it
heard it was like okay well he's
not buying the tits we gotta show him something else those are like a very good like uh like
eccentric pair of tits on that girl but you need you need to copy and paste that deck screener link
put it in your url bar and then can't copy and paste it like i told you my my gui prevents me
from using keyboard shortcuts clicking all i can do if is, I can just click the thing and then it.
Yeah.
Yeah.
The ticker is Ashton.
Look at Ashton on deck screener and then press the one second time interval.
This should be a soul.
I think that's it. Yeah. Yeah. Yeah yeah this is a 2.5k market cap yeah
yeah it literally just got me yeah one second
there's the price action literally literally just literally just minutes we're looking at the live shark over the last five minutes
dude it's like gaining so many zeros it cannot be like it's we're bit we're we're testing
floating point precision trying to accurately price this.
It literally killed two zeros.
We have to go to the log charts for this.
Oh my god, it's going down again.
It actually added two zeros.
Like it has... it actually added two zeros like it did i ever show you there was like uh there was a stream that i was doing with razzmer
where like in the stream uh he was just randomly buying things with like half a solana or something
and like as he was trying to buy it i was saying like wait dude that's it like 86 i i have it sold use this address
we're watching we're watching this testEEE's fucking floating point precision algorithm.
And he's telling us what the address is.
it's actually down almost like uh wait is this is this 9980 percent no there's no way i'm doing that sorry sorry sorry it's it's 99.8
we we literally watched a coin spawn and die in about five minutes and the dude is telling us the
address well dude wait look like so from here to here, it did like a 3x.
So like there is someone who bought in here and they saw this and they're like, it's going
to keep going.
Right.
Like it surely.
Real, real quick.
What's the time interval on that price move?
Let's see.
Let's see how low we can go to get it in one candle
okay it's gotta be it's it's like 30 minutes so uh there we go there we go this
where's the life in the trenches, man? okay so we got negative 97 percent in 30 minutes
let's look at uh let's look at luna
oh you're saying about razzmar just like uh spending like half a soul
on just whatever yeah yeah yeah so i was he was like buying it and i was like as he was i was
like wait raz that's like 86 mil market cap that's probably not like uh and then he clicks buy and
then literally like by the time he closes out of the buy window it's down like literally 90 in like four seconds
it's a it's actually like a more efficient means of burning money than physically like
pulling cash out of an atm and burning it and burning it in a wheelbarrow.
There is no better way
to burn money.
There is no second mess.
When you get rugged,
you really get rugged, bro.
So I'm trying to find like Luna, like maybe it's Luna classic.
No, I wanna, I don't wanna look at Lunk US.
I wanna look at Lunk to usdc like a real Well, I probably need to go to the month on this one, or at least the week.
Wait, is it really...
Okay, so it's not showing me anything that I...
Maybe trading view?
i just want to compare like what is what is the uh
what is the drawdown on luna
i don't know much about luna i know so much more about Luna than I wish I did.
Give me the crash course.
It was potentially the greatest rug of all time.
Potentially the future of finance?
No, just like, just the greatest rug.
like uh i need i need something i need something that shows it going all the way back to the glory
days oh this is the terraform labs token yeah yeah i mean this is the one that went from like
one cent to like 120 to like 0.000000 like like actual giga zero. This was the coin where I turned like $2.1 million
into like $36. Yeah. I remember the story now. Yeah. It was such a large drawdown that it was
actually comical and it bypassed my ability to cope about it. And I was just like, that was hilarious. That was amazing.
It's like, you get owned so hard. The practical joke at your expense was so well put together.
It was so well-timed. It was also so stupid because it was like, I am actually an idiot
for believing that this would not happen. Because it was like, the thing is issuing a stable coin
that is backed. And they were like no dude but like so
every time someone needs more of the stable coins like to back them we like you know we convert it
to this other token and then but it's like the other token doesn't have any value either so it's
like you're tying two assets together that both of them only ever have speculative value
like it's not like you're backing it and i mean you're doing this a lot
right like uh you you do this anytime you pair something with ether but like the value of ether
is uh less like speculative and it is more liquid uh but then when you have a bunch of people
saying like okay like i have i have millions of dollars of outstanding like a UST that I would like to buy this or like, like I have, okay, I have a bunch of like these things that I want to sell into dollars.
Right.
If they want to sell the lunas, now the luna price goes down and you need to print more, you need to mint more Lunas whenever you're, whenever you're backing the system.
And eventually if they keep selling the Lunas, you just have to print like an infinite number
of Lunas for every $1 that you emit.
And it's like, you can't, you like can't turn it off.
My wheelbarrow full of Lunas to buy a loaf of bread i mean that was one of the most interesting
days in crypto though because like you had all of these usts that they they obviously giga depegged
right because the value of the luna backing them it was like you know it just it went to zero. So like, actually that might be an interesting chart.
Oh, Sue's back.
Hi, Sue.
How's it going?
Sue, we're discussing the Luna crash.
Nice.
Sue's like a,
actually like a.
We're discussing the Luna crash because it was precipitated by someone dropping a brand fucking new soul coin in the comments.
And we watched it live go to zero.
Oh, yeah.
Here, Sue, you're really going to like this.
I saw someone tweet, like, Remilia is rugging soul coins out.
It's pretty funny.
Well, maybe this is a victim.
Maybe it's us.
Maybe we're rugging them.
Look at this.
It's so bad I had to go to the log chart.
What do they make?
Like $20?
I don't know. is a this is a big
no one could have lost negative 97 in 30 minutes sue
like i i honestly haven't seen dumping like this ever
what do you mean every pump on looks like this
no dude like they usually dump like uh like 60 or something like
this is 97 bro and it's still dumping like it's still going down
like usually they don't control enough of the supply to dump 97
i don't know maybe i'm wrong maybe i'm wrong either way it's really funny
so this is the luna chart the. This is fucking legendary. Holy shit.
I've never actually seen the chart.
So it was a very stable stablecoin for a very long time, right?
Mm-hmm.
I mean, months before this also.
Those are some funny wicks.
It's like, you know, it was actually pretty well.
It was pretty well backed, believed by the community.
And then things like this was this was the day, actually, where I remember like my convictions being tested.
And I was like, it will repag.
And then it comes back up here.
And I'm like, I am a genius.
I knew that it would repg. My investments are safe. This is a stable financial ecosystem.
And then this was the next day. And I was like, oh no, well, surely it will re-peg again. And
then it comes up to here again. And I'm like, right, it's going to re-peg. I'll go to beg now.
And then there was just no re-pegging ever to be seen
and then you can see as the backing gets like lower and lower uh it's just not it's just not
going well um ah technology actually looks like it's an accumulation now though right it's accumulating
yeah what do you know what the the like original like where can i find the original luna usd on
like what's ust ustc uh is the ticker, I think. UST Classic.
But, like, I want to see, like, original,
like, Luna.
Not the... Then just Luna.
But, like, which pool?
Because, like, not every exchange has the...
No, you can't see it here.
You'd have to...
Wait.
Yeah, you can do, likeuna usd on okx or something
that could work try try the first one these are the second luna ticker though maybe they updated
let's see
no see they have it
okay okay so
they they like merged the charts so they have the original luna here
and then at some point he released like a l Luna 2 and airdropped it to everyone.
But like.
So I unfortunately cannot show you the glory of like Luna Classic and like.
Yeah, I just wanted to trace out the thing and show you that it was actually like a negative 99.98% drawdown.
Now there's just the expanse to the right.
Yeah.
This is a really funny way to have the chart, though.
You're just like, okay, well, copy, paste, snip, like circumcise this bit off.
And your dick is 99% shorter.
Congratulations.
This is like a
decision dump.
This is really tough.
Okay, he's saying that
we're looking at the wrong Ashton.
someone send me the CA that he's sending Ashton.
Can someone send me the CA that he's sending?
Because I still can't copy-paste it.
You know Gate, by the way, is one of the only exchanges that has the old aux and new aux that you can chart it continuously.
It's... It's in telegram lucas thank you sir
oh this is like ox uh ox one yeah so they're the only ones that have it continuous um oh never mind
they should go back further than that oh no because we got gate listing only in uh mid 2023.
this is still one of the funniest charts because you have like some of everything you have like some of every single type of pattern like there's seasonality
this chart looks good though it's at a level it's at a level how much lower can it go right
well
uh and so where do you send that CA? It's a super cycle.
Okay, let's see.
We're going to do TA.
We're going to do a little TA on this one.
This is $ dollars of liquidity
it's even funnier
this is awesome
this is like less than half a soul in liquidity
yeah just under half a soul in liquidity.
Just under half a soul.
So the one that we were looking at...
That was actually better than this one.
The size was.
There are 10 holders.
So this one is Ashton by Ashtonon hall and then the other one we were looking at is ashton by official ashton hall yeah the only official ashton hall i don't think anyone knows who
ashton hall is though like i think they recognize the dude but i don't think they know his name
that's the morning routine guy right yeah i don't think anyone knows his name
this guy is nuts so arms like actually insane arm development you saw this guy right lucas yeah we're looking at the the morning routine guy that sue is talking about ashton hall
who apparently is no i have not right who apparently is in the is
i've seen i've seen this guy around i uh did not know this is
what he's where is uh he has freaking ridiculous arms
yes he lucked out because it's like he got the big vein but also he's like uh lean enough now
that he's getting like the spiderweb veins on top of
the big vein well he's also got like full biceps volume because he has like super super short
tendons like look he's like full flex there and like you see like no tendon pull back on the
yeah yeah yeah like actually just insane arm genes he has some of the ab insertions that i'm not a huge fan of though if
this is uh yeah you win some you lose them but this guy this guy was funny because he's doing
like this uh hilarious uh like grinds yeah yeah that one yeah he's but wake up at 3 a.m and dunk
your face in like uh like like in like cold sparkling water and lemon juice.
Doesn't it burn your eyes if you put your eyes in sparkling water?
I would imagine it's not.
I assume he's closing his eyes.
It's like San Pellegrino and like the mineral content is dissolving your corneas.
If you put carbon dioxide in water, it makes it into carbonic acid like that
is just like a basic fact of it and carbonic acid is like most other acids acidic so i wouldn't want
to put it necessarily on my eyes saratoga water is this thing oh my god dude this is so funny so the buy volume is 23 and the sell
volume is 14. this is i think this is the first one i like 80 cents of this coin yeah this is yes
this will make this the first buy of the $80
to 1 million challenge.
I have to figure out how to get my ETH over to
Solana.
How did he launch this?
Like, what is...
Yeah, like, this is
a custom... Doesn't Blazingzing bot just do that for you
okay it has a there's no way i think so it's exposed to both chains well it's exposed to
both chains but it's like you have to like get the assets onto the chain right like you can't just
you can't just say i've deposited ether
and i'm going to use my ether to buy yeah yeah you haven't done enough internet gambling
it's okay i have not we'll gotta go i do have to be uh up early uh take care guys
it was a fun one godspeed sir godspeed see you guys okay sue how are you feeling?
He's muted.
He's just smiling at me, muted.
Let's call it.
Let's call it.
Okie doke.
All right.
Good luck, everyone.
Maybe next time we'll figure out how to buy with 80 cents, but not today.
