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THE DAILY ALPHAβ»οΈ
Recorded: Aug. 20, 2025 Duration: 1:18:39Space Recording
Full Transcription
Thank you. Yo, yo, welcome back. Welcome back. Welcome back. It's August 20th, 2025 daily alpha.
We appreciate you guys stopping by the show we host a show tuesday through saturday
from 11 to 12 this week we're hosting the show tuesday through friday so it's going to be a four
show week we appreciate all your support obviously we have allison's thread pinned up top if you
missed yesterday's show you guys can look through that bookmark that that's uh everything we
discussed all the alpha all the news of course you guys are more
than welcome to come up here give your views give your opinions as long as you're not showing your
project that's all we ask give a little value back to the space if you guys don't want to come up
that's totally fine also you guys can leave a comment down in that little bottom right box
tag me your chief in it we'll pin it up top and we'll discuss it if you guys are more um kind of
listening and just want to comment as the show goes on.
So obviously, we appreciate you guys.
We love you guys.
Continue to be here.
Continue to show up on Red and Green Days no matter the day until further notice.
But obviously, you guys all know what's going on in the space.
I don't even remind you.
Kind of sitting here staring at Jackson's Hole, which sounds kind of gay-poss.
But it's kind of what's happening, right?
Jerome Powell kind of runs this fucking space.
And we have him going live on Friday discussing what's going to happen.
And typically what happens is no matter the meeting, we kind of dip a little bit and then we rally afterwards.
But, I mean, this market's so efficient these days. People get news at the breakneck speed.
I don't think that crypto is any different than the stock market. Everybody talks about how Bitcoin
or crypto is decentralized finance. I just think it's a more efficient market. It's open 24-7,
seven days a week. We still rely on what the stock market does, still rely on what Jerome Powell does,
just like we do in the stock market.
So everybody likes to talk about
this is decentralized finance,
but I mean, Jerome Powell farts
and motherfucking market dips 2%.
Like we have to come to some point in crypto
where we don't give a fuck about the stock market,
where we don't give a fuck about what the Fed does.
And that's what's keeping us enslaved since the 70s,
since we got off the gold standard,
is the Federal Reserve continues to print money.
And if we're just gonna continue
to do whatever the stock market does, we're no different.
We're just a more efficient market, more liquidity market.
We're open 24 sevens.
You guys can see emotions in a blink of an eye
where you couldn't have done that in the stock market.
So there has to be a come point
where we gotta like break off from all this bullshit,
but yeah, everybody's staring at Jackson's hole.
And I think we got Fed minutes today, which might also be something to look at.
Maybe there's a dovish tone to it.
But I mean, obviously, we kind of did do a little bounce ski here.
Obviously, I was talking about Ethereum on my TikTok.
Also, just on that too, percentages for the rate cut are back to 80 plus.
They never dropped below 80.
I think it got down to 84, 82%,
but yeah, it's just whatever the Fed does.
Just like we've been in the past 50, 60 years.
Whatever the Fed does is what the market does.
So yeah, I think we were at 98% last week, and that's when you saw the
market go euphoric. And now we're at 84%. There's a bit of uncertainty with the PPI that came out
earlier this week, if actually we're going to get a 0.25 or 0.5 basis point. So obviously,
that trend line that I showed, I posted this on my TikTok, it got a lot of views, was that
posted this on my TikTok, it got a lot of views, was that $3,994 or $4,000 level has been a four-year
resistance line for ETH. It's been a downward trend and we broke through it. And since that
has been such a fucking pain in our ass for the past four years, it's been around since 2021 high
of November, typically what the market wants to do in these situations is come back and test that and make sure that that support and basically did that today.
We got down to about 4,551 and basically confirmed that as something that we're now using as support.
And I don't know if we go back and we touch it again, but, you know, everybody's on the bottom now.
I'm not so sure that we still have two days until Jerome Powell speaks.
So we might come and tap it again.
You know, maybe this was to kind of pique fear since I said earlier,
like the markets are so efficient right now.
Everybody has news on their phone and we like to react to this.
And maybe this was just a front run of that kind of this dip that we
typically get during these meetings.
So pretty interesting times in the market.
I mean, kind of posted this yesterday i mean we hit all
time high this month but we're also down three percent on the month so very roller coaster like
oh is it over yet like you're on the like the batman or the mr freeze like i can't wait for
this ride be over and i just don't see a lot of momentum i don't see any airdrops coming and it
kind of makes me feel like even if this is kind of a bounce temporarily, I still
think that maybe we have a month or so of going sideways and chop until we regain the
bull market.
And now looking at just like everybody staring at rate cuts, we're at 98%.
We're at all time high.
Now we're at 84% at 112.
Makes me really think that rate cuts are something that is very on the top of mind of everybody.
And so when we do get this first rate cut, no matter what, I don't think it's a sell the rumor,
buy the news of it. I think that this actually propels us into some kind of all-point season
or a bigger market dynamic that we won't see. A lot of people are suggesting, oh,
that's buy the rumor, sell the news. But once we do get this first rate cut,
I really do think that so many people are infatuated with it that it do it will kind of create a more
bigger uh sustained kind of end of the cycle bear market our bull market in october november so
definitely crazy man like we always talk about this decentralized nature of web3 but we're still
correlated to the federal reserve we're still correlated to the Federal Reserve. We're still correlated to the stock market. And that's just something eventually we have to get over
or maybe that's just how it's always gonna be.
Well, and our volatility is becoming less volatile
as we go by as well.
You know, I mean, we're getting a little bit more
of stability, the moves are less aggressive.
And I think that that's only ultimately gonna continue
to where the spread is very, very minimal when you do have dips and it'll be across the board, right?
Yeah, I saw a crown. I don't think it was Thomas Crown. I think there's two crowns in the space was just talking about retail panic.
Bitcoin under 113 triggered the most negative sentiment since June 2022.
History is clear. When the crowd gives
up, opportunity usually shows up. Stay patient. Fear is fuel. And also short-term buyers have
been selling for a loss while whales have been accumulating OTC. So man, don't be like retail,
I guess. So that's kind of something that gives a little hopium that maybe this was the end of it.
And like I said, I just don't think that we're different than the stock market.
I think we're a more efficient market.
You can see a drop of a dime and the market sways left or right.
We didn't have that in the future.
And I just think it's more liquid and more efficient now.
And we're still connected to the stock market and the Fed.
But Ruto, what's up, brother?
How we doing?
How we feeling?
Is this the bottom?
Or is this just the beginning of a more choppy bounce off this resistance level at $4,000 Ethereum?
Well, I posted something at the top.
And sorry, I'm about to walk in to my place right now.
I posted something at the top of EZero.
I think it's probably one of the best explanations.
If you're going to walk into your house, your Wi-Fi is probably going to connect to your phone, and it's probably going to run for a second.
Oh, yeah.
You're good then, because you're breaking up there a little bit, but go ahead.
Yeah, he was rugging there for a second, I noticed.
Yeah, I had a similar post yesterday also on this Jackson Hole.
It was in the last thread, but it's giving you just more of a chart of the dips, right?
So Jackson Hole is a yearly gathering for central bankers in 2022
jackson hall has been guaranteed volatility event for the s p 500 each year we dip then usually
rebound in 2022 powell went full hawk s p dropped three percent in the day in 2023 still a tough
inflation markets uh slipped uh after in 2024 even a dovish tone markets still dipped first pattern drop on
jackson hall rally after so everybody's looking at this shit right this is what everybody's talking
about everybody's looks in looking at this dude's hole and uh and maybe we just front run this whole
fucking situation so let's get back to ruto what's up ruto you're better yeah i love how you laughed
at your own joke that made it so much better well. Well, if you're not going to laugh, I'm going to laugh at my own jokes.
Cool.
Go ahead, Rudolph.
No, I was basically just marrying exactly what you said earlier.
I think EZ kind of wrote down the best version of what the next couple weeks will likely look like.
Everyone keeps hollering for an altcoin season.
I think most people, either they do or they don't realize.
But as soon as altcoin season actually does happen, it usually marks the very tail end of the bull cycle.
So you have, like, Bitcoin dominance that continues to go lower.
And then people rotating some of their profits back into altcoins.
And then people rotating some of their profits back into altcoins.
So I hope we don't see an altcoin season for at least a little bit longer.
I'm of the opinion that I'm kind of marking like Q1, maybe February, end of February, maybe beginning of March.
It's like, okay, the time where I'm looking to take profit is probably going to be beginning of February.
Yeah, other than that, I think there actually is a lot of stuff happening in the ecosystem
right now.
Like, I think you mentioned there's not really many airdrops and stuff like that.
Dude, there's tons of airdrops still happening that's, like, probably going to be coming
to fruition in the next four to six months.
NFT mints are, like, popping up.
And some NFTs that are either just minting are doing really well also.
So people you should be following, if you're interested in NFT Alpha,
is someone like TMA.
So TMA, he's the founder of Funkari.
He basically always catches these cooks and he always gets whitelists.
But one that I saw, if you guys haven't talked about it yet,
the 2021 JPEpeg collection that
was supposed to be a free mint now it's over allocated and people are flooding because it's
like uh like now it's 20 dollar mint um to me this seems like it's coming from one of those
teams that were just like nft factories back in the day i'm so yeah yeah dude i'm almost 100
convinced um it's just no no no like meant it out. It's doing successful.
Oh, is it?
Yeah, yeah. Just hit a pause real quick and really think about this.
This was done purposefully, right?
Everyone's sitting here trying to FUD and do this.
I mean, for one, hats off to the Puppet Master,
because if you can't tell that this was done on purpose, then yeah.
So first off, it was 2,500 mints were for whitelist.
Well, you could mint two, right?
So it was going to sell out in whitelist phase if they just allocated 2,500.
They over-allocated whitelist by 4x, right?
That's why they put a price.
That's why they even increased the price because what more do you want day of mint than everybody talking about it on the
timeline, right? I mean, you want to talk about old school playbook from 2021. What is a good mint
without FUD? Nothing. You need the FUD in the morning. So they literally raised the price.
What do you,
what do you do? Well, you go from free mint to charging. And then on top of it, say, hey, max extract on this one, buddy, raise the price. So now everybody's talking about it, right?
But if you logically think this was never going to make it to quote unquote public. Yeah, it did,
right? Because not everybody minted in that first first phase and so people paid for their public mints
But this was all kind of like a perception smoke and mirrors kind of thing and I mean now it's in what at point
0.13 on
secondary and
It's been kind of moving up ever since it was heavily botted though, right? I think Falcon hit like
800 900 of them and then Umi hit like 300,
and then not including Mentech and stuff like that.
So a decent supply is supply-controlled and solely being layered out.
But, yeah.
Did you guys catch the Umi Mono cook?
I saw that.
That was being basically swept for the past two or four days with that 0.04 and
went to 0.17 or some shit what is what is actually what is it i didn't even think it was gonna catch
bro i saw like musty talk about it i looked at him and i'm like these are some ugly ass wafoos
they're not even like good 3d titties or nothing like that you know they're like
pastel colors and yeah dude the thing is chief you can't look at something and say what do i like
because you don't like anything you gotta you gotta think of what do people who like this shit
like and people who like this shit are going crazy for these things um that was my thesis when i
looked at them they were like at 0.04 i think i bought one i ended up buying just one at 0.07
because i was like there's a market for
this people love this kind of shit and it's always these kinds of collections that you kind of fade
you're like these are dumb these are always the collections that send dude always like the the
fucking crypto whales that just recently went to like 0.4 like it's stuff like this that if your
average cost basis is super cheap 0.03 0.04 the downside is just so low that
you might as well take a swing yeah and with the jpegs uh it's pre-reveal or it's it's you know
obviously pre-reveal and you guys know how we've seen pre-reveal uh you know come back right in
the past two to three weeks and there's always a dump so yes these could go up to 0.03, 0.04, but if you are missed the whitelist,
just be very aware of what pre-reveal is. And if you do like it, then buy the pre-reveal dip,
right? Because we saw those nodes on base get swept by dingaling all the way to 0.07,
and now they're at 0.01. And we saw digital slops get all the way up to, I think, 0.02,
um digital slops get all the way up to i think 0.02 and then they dump down to 0.009 and then
they rebounded so if you really really want to get into these collections it's probably best to
wait for the pre-reveal dump get in if you really like it also understand the players right that's
why we talk about the fact that these are minted like if these are botted or not it's not to
discourage you from participating it's just so you know what you're up against, right? Whether you're battling someone that got 50 at a cost basis of X versus
you're battling everyone that only got one, right? As part of distribution, as part of how you trade.
Well, okay, if everybody only has one, then most people have to make this decision of
if I sell, I'm out and I'm done versus, this group has a thousand yeah there'll be dips but i
can probably take advantage of these dips right it's not going to really just take off on me
so i got you know a day or two or a couple hours let me just watch this and watch volume so i think
that that's also important too it's the the lay of the land right now is it's kind of hot potato
right and i mean that's a cycle in nfts where it's min and flip
and people you know yeah it's hype yeah it's fun but you don't want to be the one holding the bag
and hype and fun with the rare after reveal right you want to be the guy that sold the rare before
reveal in that sense or with the with the volume there so i don't know just i think it's okay to
know the lay of the land and i think that there's money to be made.
But also just knowing what you're up against, you know?
I posted something at the top.
I think I saw Expresso.
You were following these guys too.
Gloomland.
These look, correct me if I'm wrong, dude.
But what was that Solana collection?
I think it was Undead.
It was like Dead something.
But they were basically.
Undead Punks or whatever.
Oh, he's talking about the ones where.
Yeah, I know what you're talking about, Rudo.
The Crypto Undeads.
Crypto Undeads.
I think that's the one where.
And this looks.
I'm not going to lie, bro.
It's the same color palettes.
It's the same pixel design.
It's the same PFP imagery, too.
So that was my first thought when I saw this.
I was like, these motherfuckers
is trying to run it back again dude because they they raised like 2.3 million or three million
dollars last time and they basically just cooked and then left like two weeks later i could easily
see some of these teams who ran that playbook coming back within the next you know couple
weeks maybe two three months especially if we're going to get a true alt season,
people are looking for more speculative assets.
I think NFTs and mints are going to start coming back,
and these playbooks are going to get ran again.
So just be cognizant.
We're already seeing the old grifters,
like they already launched collections and blew them,
come back and start to do.
I saw Dippies yesterday is launching a fucking NFT.
I'm like, Dippies? I haven't talked about Dippies. And since 2023, my guy or 2022, and just
like NFTs in general, like she says, you don't want to get caught holding the bag. Like, you know,
obviously, there's anomalies, but there is pretty much like I look mint after mint. It's a three day
period. Typically, on the third day, you see the rebound from the pre revealed dip. And that's
typically when you want to sell.
We saw that with digital slops. It was actually a pretty good one.
It ran, obviously pre-reveal got down to, it got up to 0.02, 0.01, and then it got all the way back to 0.04.
That was on the third day. It's just over and over. It's three days.
So if you wait for the reveal, and you probably have like two days to see see a bounce and you probably want to get out on the third day.
Well, the level of participation is different too, right?
I mean, that's one thing that trying to bring up.
More and more people are using tools and automation and bots.
It's less actual participants and more people with more assets, right?
So the idea of, oh, I believe in this project or I'm buying because the art is the greatest thing.
Those people are few and far in between. Right.
It's more so about whether I have attention and how many whitelists do we have and can volume be made or is there volume and attention?
So, like, for example, yesterday, I mean, completely wrong about the find pepes thing, right? I'm like, being in the ecosystem for this long, seeing Joe, seeing rabbits never mint
out, and then randomly find pepes take off.
Interesting, I guess, interesting aspect of that is that, yeah, all the group of Ordinal
OGs and the people that participated in that space minted. But the vast majority of those mints
were not from Ordinal or Bitcoin native people.
They were people that were just minting
and trying to sell and participate
in the JPEG mint and flip season.
So I think that that's something
that we also got to consider
is being maybe a little less logical.
Like, oh, okay, yeah, Joe has this, this, this.
But at this point is, who knows that?
Just fucking me, English, the other people that this, this. But at this point is, who knows that? Just fucking me?
English?
The other people that have been here?
I mean, that's it.
No one else knows that shit.
To them, they see, oh, look, find Pepe's cool, like, mint.
It's getting hype.
Oh, look at the engagement.
Yeah, I'm going to go full send, right?
So it's just one of those things, too.
It's like taking the less critical lens at this point.
It's hard to get there, right?
Especially with the ptsd we have but i'm starting to realize becoming and and being wrong due to
being right right being wrong because no one knows this shit no one cares like oh well it was an
alkynes mint a month ago the dude minting yesterday didn't even know what the fuck alkynes is bro he
gives two shits he's like i
don't know bro for fine pepe's ordinals yeah i got some bitcoin let's go and we're here like oh no
this dude changed metas because he's trying to capture and it's like who the fuck cares i mean
you got to be honest like i i think we should know all this stuff but it's not to be a deterrent
anymore you know what were those minted for because i saw like 22
bucks today on secondary i also saw the ordinal rabbits were like piss missile bro is where you
got yeah that's it no those were his original collection that never minted out so that's the
thing like i mean now people probably said well this ran and so if people with him they're gonna
mint this and you know connected the dots as usual, but
that's what I'm saying. Like, it was, in a sense,
quote-unquote free platform fees
or whatever, so I think it was like $16 to $20
anyway, so right at mint.
What up, English?
How we doing this morning, my guy? You don't have to talk about
it in a tease. I'm sure you probably maybe come up here because
your best friend Ruto's up here, but you're into
like macro and shit, too. I haven't talked to
Ruto in a long time,
but that's funny.
It's funny you said that.
They're all three Lander buddies.
Well, no, it's funny you said that,
because it is kind of the reason I came up.
I was like, oh, this is, like, 2022 vibes.
Like, Ruto's talking.
Like, you know, I feel like I should come up here and talk, too.
We just need Dan Tineti and maybe a few other people from 2022
and bring back the vibes.
No, I don't know, man.
What's been on my mind recently is everybody's cherry-picked shit.
It's like everybody was all on Raul Paul's dick about the fucking Global M2
and all this other shit and like, oh, it's written in the stars.
Well, you know what?
He said in August there were supposed to be can you still hear me yeah you're good just went out quickly my wi-fi
is probably fucked go ahead you're good oh side note are you good from the hurricane i know you're
out there can you hear me now yeah we can hear you our english can yeah yeah we're good um yeah no
puerto rico browns anyways and then so he was like oh they're supposed to be he was like oh
like after we had like the first you know scare where bitcoin went to 110 from 110 k to 100 yeah
110 to 74 k so like for people that are like oh there's no more volatility like i don't know that
was pretty volatile as like solana went from 300 to 90 like that's i don't know that's kind of volatile
to me so like i don't know people just cherry pick what the fuck they want and it's like oh well now
that m2 worked in my favor um that's why this has to go to this price well what's the other side of
the coin so i was just thinking about that okay so let's say that his m2 model is pretty good and models fail at some point right so like but let's
just say that it is um that would probably put me like and before i give this thesis here i i realized
like the last six months like i've kind of been like the target bear and like i i'm really not
that bearish like and i think that Q4 is going to be extremely bullish.
And I think people are going to make a ton of fucking money.
So I'll preface it with that.
But then I'll go with my bear take.
There's price targets that I think that make sense.
And it would pair well in September.
So maybe the model is not spot on exactly what month or whatever, but it's in the
right ballpark. And now we're seeing some of this price action. I'm looking at this 104, 106 region.
There's actually another target in the charts. If you really go by technicals,
that's like 95k Bitcoin. I couldn't imagine.
I couldn't imagine.
Wi-Fi again.
No, that was a phone call.
I couldn't imagine what takes us there, but as unlikely as it would, maybe there is no rate cuts this year or whatever.
I understand on Polymarket and everything, it seems out there, but I don't know.
Maybe that could bring us down there.
So I just think that it's just really easy.
We get way too bearish at the lows
and too like fucking like euphoric at the highs.
And so like just recently,
like if towards like the end or middle of 2023
or like or late 2022,
it's like, oh, it's so over.
We're a fucking joke.
All this other thing to now.
It's like, oh, institutions are bidding our stuff.
Bitcoin will never trade under 100K ever again.
And like, I don't know, maybe there's some truth that like Bitcoin specifically has,
you know, separated itself from the rest of crypto.
And like, I don't know, I don't think it's a hot take that we've always thought there's
going to be diminishing returns on both sides.
Right.
But I just don't think that it's also this thing where it's like, oh, now it's only going to like trade at like five, 10% a year and, and all this other nonsense, like that
there will be some bear ish years. I do. I don't think we're going to see a 70, 80% drawdown,
but I do think Bitcoin goes sub a hundred K that kind of shit. You know, I just think it's the
natural order of things. I bread uh listening here he's
probably gonna counter me here but um yeah i don't know you know so like i do the moving average
moved on to about 100k right i think the 50 days at 100k so we do that then that's the first time
that it's ever even been this high yeah i haven't looked at the 50-day moving average that is that
is a typical indicator of when things start to go a little bit bearish um but yeah so that's roughly at about 100k so that's kind of like i guess the
last support or resistance against your like 95 zone that's showing on and i'm seeing full value
gap around 98 too so i think that that would be the the area you would try to move to or yeah i
mean i i still think you could get 95 and not break that technically.
Like, I remember there were some technical things with 74 that it shouldn't have touched.
I just don't think you want to see closures well under there.
And when I say, like, 95K, I don't think that we will remain there.
My broader point was just that, like, I think people feel a certain invincibility,
and people forget how, forget how undesirable these assets
become the moment that the price starts going down in a consistent trajectory.
It's a very positive thing right now.
It's like, okay, well, yeah, this might go down 10 or 15%, but by the end of the year,
I know I'm going to be up 30% and that feels very comfy.
But when that timeline becomes very vague and it's like you just started thinking, okay, I know Bitcoin will hit a million in 10 years, but I bought it for 130 and last month
it was 120 and then whatever. And then it's like 110. And then I don't know, there's just like this
cascade. And I think people just easily forget that. That's my broader kind of where my head
is at. I think Q4 is bullish. I do think we see
an alt season. And at the end of the day, even if it doesn't fit exactly like the four-year cycle
and it's extended a little bit, and even if the downside is protected a little bit more and the
upside is not as big anymore, all that, I still believe that until, and even though we don't have
that much data from before, because I understand even three, four cycles, it's just not that much data to really forecast that it has to be this way forever, and it probably won't be.
But I'm still of the disposition that if it's been this way previously, you have to assume that until it's actually proven that we're probably towards the end.
This isn't the beginning, I'll tell you that much. You know what I mean? And even if we go to 160, 200K Bitcoin,
the majority of the meat of the move from 20 to 100, that's a 5X. What are we talking about here?
1.5X, 2X at best. And so I just think you have to be thinking that way. And if you're somebody
that doesn't really care because you just want to put
away money in Bitcoin and you know that at some point down the year and you have no intentions of
selling your Bitcoin, I'm not talking about that. I'm thinking about the way we are on crypto
Twitter. We're here to outpace crypto. Otherwise, we'd be on Bitcoin Twitter talking about the same
topic every day, even though nobody's selling. All we we're doing is DCA and we just talk about the same shit
Every day of how like bitcoins digital gold because we have nothing else to do, right?
We just DCA Bitcoin and we don't sell it and we don't trade it. So we just talk about bullshit
But that's not what we're here for right. We're here to
Damn now you know, you know what an ordinal space felt like towards the tail end of the meta
I'm very aware what an ordinal space felt like English. the tail end of the meta i'm very aware what an ordinal space felt
like english i hear i hear the ptsd in your in your voice bro like it's 100 true yes you heard
it it's there and it will always be there yeah and and i think also treasuries is something that
people have been talking about but i don't think they're talking about it
to the length of like,
what sort of actual macro catalyst
can some of these huge treasury companies
that are popping up,
like what could that do to the market itself?
So just like you said, English,
it's like when you have that much liquidity
tied up in some of these treasuries,
price starts going down.
You see, that's when you see a lot of liquidity
potentially being dumped, right?
It's not just retail who panic
and start selling on 3% price movements.
Now we're talking like major, major liquidity players
that if they start going below their thresholds
that, you know, they might be looking to dump.
Not to say that all treasuries will do this,
but you could imagine there are some treasuries
who are thinking of catching the wave and getting some of this upside potential.
And it's not instant. I think that's one of the biggest issues too, is that you see these moves.
It's like, oh, ETH ripped to all-time high or whatever it is. And you're sitting there with
money in one of these treasuries. You're an ETF. You're like, well, shit, sell some. Sell some
right now. And they're like, okay, cool. We we'll place that order it'll be done in two weeks and you're like fuck no damn
And then in two weeks is when they're starting to cash you out and by then the price is different, right?
Because that's the biggest differentiating factor is you don't really take advantage of the movement as a crypto participant, right?
You ask them to go liquidate your funds
They go put the order in, and they start moving
at the web two speed of things. So I think that that also limits the amount of people being able
to quote unquote trade as fast as they want, and even capture these market ups and these market
downs, right? Because it's like, okay, cool, it's up right now. If you didn't place a buy or sell
order to start, you're not going to be able to exit at that price,
right? You'll start the paperwork. And in a week when they finally exit and send you,
hey, we've liquidated. And that's one of those things too. We see the moves on ETFs is you'll
have crazy, crazy amount of inflows. Price goes up. And then a week later it dumps. And you're
like, oh, these guys are fucking selling again. Well, it's like, no, people saw the inflows,
decided to capture profits.
And unfortunately, the profits were captured a week after the move happened.
Yep.
And like all models are wrong, right?
There's not a model.
I mean, we're all looking at Willy Woo's rainbow chart last cycle where Bitcoin is going to go to 100 plus.
And he was wrong.
So nothing's predicted right, right?
And so just these are all everybody's trying to figure it out.
No one actually knows what's going on.
If they did, they would be fucking millionaires.
But I think you just got to understand why you're making the money.
And why we made our money in July and August was because of digital asset treasury announcements
and the stablecoin bill.
And before that, why did we hit all-time high before the happening?
It was because of the launch of the ETFs.
Why do you think we went to 100 and and you know why we went a bullish in december and into february is because trump became
president so you have to understand why are we making our money and what is the next opportunity
to create a narrative around to create more money and obviously uh you know english talked about them
to money supply yeah we just bounced the kol to kol you show me price i'll show you narrative
obviously everybody's fascinated with the rate cuts.
I think that's why we'll make our next move is because of rate cuts.
So you just got to understand why are we making money in this market?
And we just got past the whole DAT.
That's priced in.
We got past the stablecoin bill.
That's priced in.
So what's the next opportunity?
Is it price action?
It probably is.
And what creates price action is probably going to be starting these rate cuts that we get at the end of the year.
And that's probably where you're going to see the parabolic end of Q4, is my opinion.
You actually reminded me of a point that I get off into tangents. But yeah,
so everybody wanted to be like on the M2 money supply, but nobody's talking about the dip that
wants to be there. The second part of that is like, okay, well, you're saying there is no more
four-year cycle. And then you're going to say like say like okay now it's time for alt season well like alt season's part of the
four-year cycle like which one do you want like now it's busted so like why why are you going to
assume why are you going to assume that the four-year cycle is broken and also assume that
alt season's entire like it may happen it might happen that way but like you're literally i'm
just saying like people just seem to cherry pick what they want because that's like their bags and like their bias or stuff.
So like, yeah, maybe it is that institution there.
Maybe the four-year cycle, you know, is not there anymore.
Maybe we still will see an alt cycle.
But like if you just think about it from a logical standpoint, like you have to start questioning other assumptions too.
It's like, oh, no, this time it's different. By definition, in a bull market, the majority of people have to think
this time is different because it's impossible for everybody to exit at the top, by definition.
And so I don't know, I'm sure at some point it's like, oh, well, Coinbase is IPO-ing,
so this time it's different. Or everybase you know is ipoing so this time
it's different you know or every cycle like there's a reason and maybe there is a real reason
why it is stronger and less volatile but maybe that's this is just this cycle's this time it's
different that's my point this this cycle is delusion yeah that's just my point like yeah
like by definition everybody has to believe that there's still my point like yeah like by definition everybody has to believe
that there's still more money to flow like by definition so like i don't know that's just where
my head goes and maybe i'm wrong and maybe chart english so when does everybody looked at the same
chart and they all got out at the same time too you can't that's by definition you can't once you
start selling the price goes down right so that's what I'm saying. Everybody's looking at this 500 days left, 10 weeks, which sits around October 16th to November.
It's either going to be shorter or it's going to be extended because it just can't be lined up exactly at the end of October, November for this to actually happen.
Because everybody's looking at the same charts.
Everybody's lining up the same four-year cycles.
Like this is the way this is going to be.
And no one actually knows right it's either gonna be the bull markets ended and
this is the beginning of the end or it extends into like february or maybe that you know i think
enough people believe in the four-year cycle where it will happen and then you know there might be a
buy dip opportunity a bounce where it's gonna like going to disbelief rally when we start getting rate cuts next year.
And I really think everybody's expecting this easy mode.
Retail's not here for easy mode.
Now we're trading against fucking AI bots that are sentient from Binance.
We're trading against Wall Street.
And I think actually the easy mode is probably the next cycle where all these laws, all this infrastructure that makes it easy for retail to come in,
rate cuts happen, people have more money in 2028.
I actually think the 2021 cycle was the easy cycle.
I actually think the 2027, 2028 cycle is probably going to be the easy cycle
when you have all this stuff, these rails and all this privy wallets
and all this stuff, institutional grade stuff,
and SableCoin bills starting to facilitate its way into, you know, normal retail hands.
But that removes the edge, right? I think that that's the thing about it, too.
It could be the cycle of parabolic growth and adoption, but I don't think for personal growth and kind of enrichment of your life, that is coming to an end, right?
Or shortly starting to to the loop
be shrunken i guess i think the edge is going to be even more chief just imagine the people in 2017
saw the people from 21 come in they're like oh shit look at these frothy bushy tail motherfuckers
coming we're gonna rinse these fuckers these people haven't won't be here for almost seven years
before nothing that we do is the same as we're going forward right with account These people won't be here for almost seven years before they came back.
But nothing that we do is the same as we're going forward, right?
With account extraction.
They'll believe in merch.
They'll believe in NFTs and merch.
No, no, no.
The edge.
Yeah, yeah.
There's the same narratives and stories to some people.
I'm talking about actual edge comes from on-chain proneness and the actual friction, right? I mean, if you were here in last cycle,
knowing how to utilize MetaMask and how to over-gas, how to mint from contract,
how to do those things is what provided you an edge and significantly put you ahead of your peers,
right? Now, this cycle, right? You're starting to see a use and uptick in automation bots and this and that.
Right. Which is something that was around last cycle, but really wasn't necessarily the primary edge factor.
And so when you start continuously going forward with AI and removing the blockchain slash the geeky part of it.
Right. I think that that's where you lose the
edge. It's what difference does it make if you know how to mint from contract? Because the AI
bot, I mean, what is a contract? We don't do that anymore. We've abstracted it five times away.
And so the contract is something that happens on a database on a ZK roll up in an hour from now.
So I think it's just a different type of edge case and a different type of game that now being here early and being around and having these scars right means you know how to
get around these things well in the future it's going to be the same problems but the solutions
are no the solutions we have won't be the answers anymore yeah it's gonna be interesting it's gonna
be i mean i do think there'll be a particular amount of people
come back to the space at the end of the year, but I think it's just the biggest problem why
you don't see the big retail inflows is just people don't have money to speculate on anymore.
I mean, people are bankrupt. Housing costs a lot of money, and you're not going to see that kind of
that relief for another few years. And rate cuts aren't instantaneously. It takes a few years for
those rate cuts to actually get into like it takes a few years for those
rate cuts to actually get into actually normal people's hands and pockets and stuff so i wanted
to ask uh what i just wanted to i just want to i where's the manager where's the crypto manager
because i i want to complain man i was i waited four years to wait for a new class to come in so
i can dump on their head and do all the shit that was done to me four years ago and they're not fucking here man and so like I just want to complain to the manager where
is that going just quick a quick thought here crypt uh so um with with the modeling and you're
saying oh it has to be earlier or later because it can't line up like how about if if for instance
you ever like watching soccer like there's like the penalty kicks or at the end or whatever, and the motherfucker just fucking kicks it down the middle and the guy, like, you know, guesses left or guesses right.
And it's, like, you score, right?
So if you believe, like, the market's there to, like, give you the most amount of pain and, like, extract the most amount of money from the most amount of people, like, maybe the market market's just going to fucking nail it like on the exact day. And everybody's like guessing like, well, it can't
be this way because it's just so fucking obvious. And the market is like, Oh, you know what?
Actually, nobody's guessing this because it's so on the fucking nose. So I don't know a lot to
consider a lot to think about my biggest takeaway that I want other people to think about, even if they disagree with me. It's not 2022.
It's not 2023.
And it's not 2024.
And even if you believe the cycles are weekend or whatever,
you're not necessarily early, is my point.
We're at $59,000 this time last year, bro.
So it's like we've already had this run.
And you even had the Trump meta.
So this is the end, right?
This is kind of
2024 Solana was at $200. It was more in the beginning. This is this is January
2024 and we're talking about it's a hundred like yeah, sure
We could see the parabolic thing and maybe it breaks all-time highs like I'm not against that
like I think if the right things the right puppets are
are manipulated and you know the liquidity and you know rate cuts and whatever the government
does to to you know um you know pump money into there even if it's not direct cutting um that's
fine like i could see a world where things go parabolic and go euphoric my point is that like
see a world where things go parabolic and go euphoric.
My point is that like,
you don't even, if you think the four year cycle's not,
doesn't really exist anymore,
like you don't want what comes with that.
And that's the downside to that is like,
yeah, maybe your bags won't go down as much,
but now you're just trading in a market
where there's less volatility.
And the less volatility you have,
the less it is to change your life, right?
Like we're not here to like,
we're here to come anywhere else.
And that's part of the fun of it. And so like, just,
just be careful what you wish for. If you're like, Oh, well,
now my Bitcoin can't go down and all this other stuff. Well,
there's the other side of that five ten percent gains a year or whatever like
on on bullshit here and we're gonna have a lot less to talk about i'll let i'll tell you that
much so um just something to think about yeah i mean yeah i have seen that where they're like okay
the guy guesses left and he just shoots it right down the fucking middle maybe it is and like we
have this fucking uh this this rock that's uh deemed a ufo that's
approaching you know december uh or november 21st to the fifth guys so i think it's like
right lined up perfectly with the end of the cycle i mean if this spaceship comes in to our uh
our solar system bro and we could see it in the sky bro i'm pretty sure people are going to be
selling their bitcoin and probably selling all their assets because i think we're about saving
i'm gonna show them my node bro i'm like, look, have you seen a node?
It holds a bunch of little pictures on Bitcoin. Please don't abduct me and probe my butthole.
You know, like, dude, the funny thing is, is that it's happening more and more on Normie.
Like, since you talked about it, it's more and more people are like, I guess the scare is starting
to go around. I mean, instagram tiktok and shit like
that oh my god i saw that it's emitting like water vapor i'm like bro what comet emits water vapor
other than like a space or like a spaceship or just like an ice rock bro i think this is the
third or fourth one though in my life that they've said that we were gonna get hit by a comet though
it's not the first time you know yeah haley's comment and all the other shit but since we got you guys up here what is this thing that everybody's talking about
of these three hands everybody's calling it r6 2.0 i saw rock toshi talk about i saw businessman
talk about it what is this fucking thing this looks like you remember that uni chain where
all the guys are hands on each other's wieners that's the first thing that i thought of i thought
someone did the troll the wiener troll on Bitcoin.
But this has to do with Spark and Spark Bitcoin and all that kind of stuff that's coming up.
Let me post that up.
Magic Eden did a post earlier this morning talking about Spark.
And no one has officially claimed the airdrop yet, right?
Saying, hey, this has to do with this or xyz but that is the spark
symbol and it was dropped to specific uh collections inside the bitcoin ecosystem maybe
english could help with that too or we're gonna dox the fact that he sold everything but um
what wallets of yours did you get it in because i only got it in i think i got two of these
but it's a like one was my vault and so I don't know what the fuck qualified it, you know?
I could probably tell you. I don't know. So, like, so, first of all, I'm always candid with it. I
sold all my shit. I have a wizard, I have a cat, and I have an OMB. And I didn't get this fucking
airdrop, so I should fud the fuck out of it. But I was curious about it. And I think LIFO might be associated with it.
That's why I was chatting with one of my associates. And he was like, oh, like I have
his collections and certain stuff. And it just seems like, you know, something with the SATs
padding and a few other things that are kind of his signature. So I think LIFO's affiliated with
it to some extent. And then, as you mentioned, it seems like Sparks with their logo and Magic Eat employees talking about it.
So there's some kind of clues to what it could be.
I haven't got one myself.
So, yeah, I don't mind selling.
I literally told everybody.
I told these people when I used to run my show or whatever.
As Rudo mentioned, I have PTSD from last cycle.
And I don't know.
Like, I used to have a lot of assets for a lot of things.
And I saw price going up.
And so I just started selling them.
And I kept one of everything that I kind of liked in case that there was, like, this crazy NFT bull run in 2025.
And it just didn't really pan out that way.
So I do know that there was assets targeted.
I think from what I heard, it was OMBs, Wizards, your typical things.
But yeah, but didn't you just say you had an OMB and didn't get one?
I don't think everybody that had an OMB got one.
So right, that's my understanding.
Yeah, I think there was.
Oh, like selected communities and then people like groups in those communities not the whole community
receive that kind of thing yeah that's my understanding yeah i don't think that makes a
little bit more sense because and then that well it makes it even harder to pinpoint exactly what
it was but yeah it does make a little bit more sense though because you're you're having people
that are saying yes i made it or didn't i think all of lifos though did for sure if you had a
wizard of ord you for sure received one and like people can
confirm that yeah i think that might be right so someone someone the person i talked to i just i
the only reason i'm not saying their name is because i don't know how much they want me to
say what i talk with them in private but yeah it was basically that that anything lifo like
automatically got it and that if you held like node monks or whatever so that's why the speculation
is that like lifo's hand is behind this, whether it's just as a dev or whether as
a creative force into it, you know, take that for what you will. Cause I think lifo is amazing.
He contributes a lot to the ecosystem. He, you know, especially with the tech side and all this
other stuff, but usually his collection is not targeted at like as this premium airdrop, right?
Like the way that node monks are and everything.
Not to say anything about his collection.
It's just not.
Like this just hasn't historically.
And the fact that all of his got there and plus like a couple of things with the inscribing of these with the padding, you know, it's pretty safe to say that his hand is, you know.
Mixed in.
Part of it.
Yeah.
Yeah.
To some extent extent so we'll
see what it is and then when you look up top just looking at the magic eden uh announcement talking
about spark itself they're in the comments someone asked uh specifically about this inscription hey
uh i didn't receive one if this is from you guys whatever it was and snarls in the comment flat out confirms that the airdrop is not from
magic eden at all so if it is from spark it's from spark only maybe in collaboration with the fact
that they're doing something with magic eden as well and just being utilized for a lot of shit
right now right and lightning as well catching a little bit more popularity etc um but yeah not
magic eden related if it is from spark and magic eden or like spark it's just the spark side of catching a little bit more popularity, etc. But yeah, not Magic Eden related.
If it is from Spark and Magic Eden,
or like Spark, it's just the Spark side of things so far.
And then Magic Eden, the thread up top,
if you are interested on what it means to have Spark on Magic Eden,
it's pinned up there.
Full wallet integration is going to be using basically the Spark infrastructure.
You can swap to stables on Bitcoin with no headaches
utilizing us DB
and there will be an a mm implemented for
Spark based tokens that it will allow you to trade right it is a
BTK and launchpad so you'll have different launch mechanics for actually launching and deploying
your tokens on Bitcoin, utilizing the spark rails.
Do you think if ordinals get listed on open C,
do you think that brings value to the ordinals collection?
Cause I saw Udi was kind of like helping them.
And then they had like a post yesterday with a bunch of IPs in it.
And then Udi says, if this doesn't feature Taproot Wizards, I cut it the next time.
So I know that he's been helping them and Adam and Chris try to integrate Ordinals in it.
And it kind of seems like that's closer than maybe we think.
And do you think if that happens that that might bring some more volume to these collections?
You maybe see floor price go up if Ordinals are actually listed on OpenSea.
What are your kind of thoughts on that cheap or english i mean in my opinion people need to see
validity and jpegs on bitcoin like as a whole right and then ultimately the ease of use and
the ability to buy it become those are the the next step right that's step two but if i don't
care about what you're talking and like or see value in it, I don't care for
where it's being sold. If I like what you're talking about and then you told me that the
only place to get it is in New Zealand, okay, cool. Well, now I don't care about it anymore
because I can only get it in New Zealand. I think it's baby steps. It's progressive.
When you get people to understand what ordinals are, what the value prop of provenance, number theory, ordinal theory, rare sats, etc.
Then you backdoor it with, well, you can get it at your favorite marketplace. You can go open, see, blur, whatever it may be, right? Magic Eden.
Then you start kind of facilitating to to hop on board in the
onboarding process but to me most people that are involved in like east jpegs or anything like that
they see ordinals as just another mint to mint right it's not i mean it's just another jpeg on
just another chang bro there is no oh this is on bitcoin it's sacred there's only so many amount of sats or satoshis
i think us being so close to the sun at one point and uh being actual bitcoin enjoyers or or
you know whatever believers maxis whatever you want to call it um we put too much importance in
that and the vast majority of people aren't going to care that this is the apex predator to store your data.
Like, who the fuck cares, bro?
I'm trying to flip some JPEGs and make some money for my PFP.
You know, like, it's almost like, I don't know.
We were a little too close to the sun.
And when you really zoom out and you talk to the broader ecosystem, they don't see it as that.
They see it as another JPEG, man.
And fuck it.
Keep going.
Yeah, I'll take it one step further with that.
I don't know that just OpenSea by itself matters in any which way for volume.
But I do think if OpenSea, for instance, integrated a moonshot thing where you abstract away the wallet and the money,
I do think that even that in itself really wouldn't move ordinals in a way, but it would allow for more liquidity at a time when things are naturally bullish,
whether it's like, I don't know, just NFTs start picking up again or ordinals get hot again.
And that would make it easy. I'm not convinced that a lot of the liquidity from like Ethereum people, predominantly, and maybe even to some extent Solana, is there on Bitcoin.
I do think there's people that opened up an Xverse wallet and maybe did some swaps or whatever to get into ordnance when ordnance were hot.
But they've kind of abandoned it.
I think that they've gone and they traded meme coins, do whatever.
And maybe I think once the loop is not there, English, I'll say this, right?
Very few people sit here, make money from another ecosystem and sit and go, well, I
personally enjoy spending on Bitcoin.
So I'm going to go over here and purchase a JPEG that I've always wanted.
Right.
People are being fluid with it.
And those that are doing that, I mean, they understand once again what we said, they
understand Bitcoin's the quote unquote apex predator for storage and this and that and so they'll go make
money somewhere else and say hey i earned my money xyz and i want to now spend it on what i think is
the better standard a lot of the people are making money trading on shitters eth whatever and that's
it right and i mean that's it, right?
And I mean, that's as far as it goes.
Once again, seeing Bitcoin as just another ecosystem for participation.
So it's, I don't know, that loop of getting them from making money elsewhere and going
back to Bitcoin isn't occurring.
People that are making money on Bitcoin are willing to spend money on Bitcoin again because
it's already there and it's easy.
And, hey, this wasn't here before and I technically made it from nowhere.
But if we don't get the people making it elsewhere to bring it over, then we're stuck.
And you're in this lull that we've had for this last year and a half.
Because if no money is being made in the eco, no money is being spent on the eco.
Right.
And that was my that was kind of my point. In the eco, no money is being spent on the eco, right?
And that was kind of my point.
Like I do think that there's a silo right now of liquidity in there. And I don't know if it's just like a mental thing because I do know that Phantom allows you to mint ordinals because like I know the Wizards, you know, mint used with Phantom for the auction.
And you could pay in Solana and it would receive to your ordinal's wallet so i know there is wallet integration before that was like a big um friction point
um but i just do think that there's a lot of people that will swap eth or solana or have like
a bunch of eth and have a bunch of solana or maybe even have a bunch of eth solana and btc but don't
really have like either the the muscle memory or the disposition to trade on it
with ordinals, whereas opposed to the people that have made money on ordinals or just really enjoy
ordinals have certain money allocated for that. And I could see a world where people are trading
meme coins because they're really hot. And then it's like, okay, I'm not going to do memes because
Ethereum NFTs are getting hot and they'll do the swap. And I think there's less of a chance for some reason, I can't articulate why, that it's as easy to like go over to like Bitcoin
and just, um, and start trading over there. So that's why I had said like OpenSea by itself
really wouldn't make a difference. But if there was a trading platform for NFTs that abstracted
away the currency, the way that moonshot you know um or i think uh yeah
i think it was moonshot or a bunch of um yeah the one that was acquired from magic eden um
slingshot slingshot thank you yeah and i don't know if moonshot does it but yeah they abstract
away the actual currency and it's like okay well then it doesn't matter something like that would
help it not in and of itself it really wouldn't send ordinals um but it really would
actually help like lubricate this liquidity problem well they just added soul they just
added soul uh to buy any eth nft so i don't think that's out of the question where you could use
ethereum to buy our ordinals or you could buy base to buy ordinals or sold to buy ordinals which
is kind of what you're asking for right to kind of use any currency to kind of purchase any
of these nfts so i mean that's kind of what they're building and kind of what they're doing and
you see them kind of leaning into tokens and you can slightly do that on on the magic eden with
relay but then again it's like how many people are going through that process or is that something
that you're even going to think about too right it? It's, oh, do I have Bitcoin or do I have solar?
I mean, you know, if you don't know it's there, you're probably not going to try to utilize it.
Ruto, you came back up here.
You have something you want to talk about?
Yeah, dude.
Wait, what did you just say?
came back up here so i figured you wanted had something to mention on this topic or whatever
You came back up here, so I figured you had something to mention on this topic or whatever.
I don't know. Yeah, dude.
talking about openc how you can buy each um entities with soul so i'm just trying to capture
my what i had in my mind my mind um apps so okay so some apps that i've been looking at that i think
if it's not on your guys's radar um i think you should check it out a lot of these are again like
you know how this shit goes most of this stuff will be incentivized for early adopters or early users
i would definitely recommend listening in on uh what the team at lighter has been building so it's
perps and stuff like that i've been super heavy into researching and looking up new apps new
protocols new dApps that are building out um interesting
systems that are built on top of like those points are going for fucking crazy amount we've been
farming that shit since beta we've had beta access for a while and yeah there's gonna be a cook
true true true so okay so i i need to get in the foundry is what it sounds like because i'm missing out um also breads is listening in right now i
want euphoria beta access dude i i have been i've been dming people feet pics i have been offering
yet either breads what's up bro you out here just pretending man yeah dude so i need one of those
and then another one and i brought it up on the the the last time
i was up here is ventules i think vegetables is already seeing like pretty insane um beta and and
and testnet type of uh of volume so i think you guys should definitely check this out i'm gonna
put it up at the top right here so 100 117 million in test net trade volume this that's that's fucking insane
dude so it's essentially it's uh perps on top of pre-ipo uh markets which is incredibly incredibly
intriguing so there's actually a post by bread that i brought it up when this came out eventualist
came out and i thought it was an interesting dynamic shift for, you know, as an operator, as a market participant, when you're
looking at demographic and targets, right? And it's the fact that no one wants to actually invest
in companies, but almost participate in the vehicle of speculation of the company itself,
right? It's not so much of let me buy into Circle. It's will Circle have a
successful launch and then on to the next one. It's a different way of, I guess, positioning
your risk. And it almost feels like you're in there, but not in there, right? Your feet are
wet, but you're not fully in the pool. You're just betting on yes or no. That's essentially what it is, right? And so you
don't want to do all this crazy research or cost analysis or anything like that. You're just like,
will this be successful or will it not be? Okay, that's what I'm going to put my money towards.
It's so dumbed down and simple. Anyone could understand it and anyone could participate in it.
And that's where I think a project like this has huge product market fit we've been seeing ipos
go crazy this summer we see a ton of people who are like fuck dude i would have aped this at 30
i would have ate this at 20 if there was a um a liquidity for a market in there and i think that's
what ventral is doing i think ventral will be you could quote me dude i think ventral would be one
of the top 10 or 20 apps in the next like six months, in my opinion.
Oh, I agree.
And that's the thing, too.
It's starting a new category in itself because then you grab Ventral's and then like Noise.
Noise is another example.
I mean, you no longer have to bet on the success of a platform, but more so your ability to garner attention and manage that, right?
So whether or not you even successfully
can't complete your marketing campaign,
I could give two shits.
If I happened, like if you were long on Monad
and they dropped these dumb ass cards,
Monad could be a complete failure at TGE
and you would have made a fat ass bag off of Monad
and that's it.
It didn't matter what Monad's success
or what the runway, whether the team,
none of that matters anymore, right? So it's different ways of, I think, market participation
that allow you to take risks and educated, I would say, bets or investments into companies
while not truly having to believe or drink the Kool-Aid as a whole. You can now bet on the fact
that the Kool-Aid looks good. You have a nice lemonade stand or a Kool-Aid as a whole. You can now bet on the fact that the Kool-Aid looks good.
You have a nice lemonade stand or a Kool-Aid stand. You're on a good corner. Bet. I'm going
to just bet on that. People are going to stop by. I mean, the lemonade, the Kool-Aid, it could suck,
but people are going to stop by, right? And so it's just changing the dynamic for participation,
which you can think it's good or bad. It's a lot more speculative, right?
But I don't know, adds more volatility and the ability to kind of make money.
It's why there's apps like opinions.fun, if you guys have heard about it.
They're like a more granular version of it, but it's essentially also kind of like a perps or a predictions signal.
That's basically what it is like prediction
markets are only going to continue to proliferate um like retail users in my opinion because it's
just it's such a dumb and easy way to understand everyone has an opinion on fucking everything
so then now you can actually put your if you have full conviction that something is dog shit
you can literally make money on it outside of just shorting or longing the asset. Like people don't necessarily understand futures. They barely
understand options, but they do understand, Hey, I can bet yes or no on this opinion that I have,
and I can make money on it. So I think the next six months, everyone's asking what the next meta
is. It's fucking, uh, either perps or it's going to be perps built
on top of prediction style markets a hundred percent i have a thousand percent conviction
on that i've already seen tiktok uh marketing rolled out just on kalish which is a prediction
market just talking about it's not crypto it's not the market you can just bet on the temperature
of the weather so it might not even be you know it's obviously kalish is kind of more uh
more normie centric but i've already seen the marketing of just predictions in general, real
life predictions kind of blowing up. And you can maybe see that kind of, you know, leak into like
more prediction markets or IPO predictions with 10X leverage. So I do think it is something
interesting. You did talk about the lighter thing and they had an AMA and I pinned up a thread up here breaking
down the AMA and it's super long so if you don't want to listen to the space you don't want to
read the long thread I did a TLDR so airdrop farming large community allocation separate
from investors and team season one farming ends in three to five weeks season two follows with
a clearer rules TGE on track for Q4 of 2025 after audits and final tweaks.
Fees zero trading fees forever for retail users like Robinhood.
Small fees only for market makers, HFTs and generated revenue.
Roadmap upcoming RWA in pre-launch markets.
We just mentioned that.
No fees forever for retail is kind of insane, bro.
That's how they were in the
beginning and then they started jacking that shit up recently so and then we just talked about rwas
and pre-launch markets that's what ventral is doing you're going to see that on a lighter
spot trading in months lending and options by mid-2026 native mobile apps prioritizing a better
ux text and scale high through uh putK Infra already handling millions of transactions a day.
And then bullish outlook, strong user alignment, sustainable model, regulatory positivity,
and expansion in the US, expansion potential, positioning lighter as a scalable full stack
DeFi layer. So definitely look like you guys are going to get that airdrop by the end of the year.
And I continue using it. No fees now which is it was dope and i think they
jacked those fees up um a few like a few months ago so lowering them back down uh is probably
better for everybody but well they're they're trying to compete right like i think all this
new these new narratives and new metas and these new apps that are trying to take advantage of
perps or prediction markets they're all just looking at what Hyperliquid has accomplished
with their Hypercore platform.
And everyone's just trying to double dip
or at least try to take some market share away from that.
So just be weary of where the market is,
what are the players that are succeeding the most right now,
and what's the beta plays that's going to pop up because of those.
And so, yeah, that's just kind of how i'm looking to put my money this cycle for sure i think euphoria
would be a dope one too it's kind of like using the 10 000 tps as a way to predict where the
chart's going to go next i think the chart's actually simulated or maybe it's just you know
a bitcoin chart by the second but basically click on the screen if you think the chart's going to go
up and down and then you win a prize if
Are you wouldn't test net or money or whatever whenever?
The game's kind of over we've seen this before with like rec tech and other games are very similar
But the fact that you can just touch your touch your screen and do it and use the blockchain as like instant finality
I think it's something interesting to do so I'm definitely interested
It's fucking insane dude if no one here has yet to check out Euphoria, bro, on MegaEath,
it's the most insane thing I've ever seen.
I could see something like that going completely viral on TikTok
and getting retail people super interested in it
because it's literally like a game.
At that point, it feels like you're just playing a game,
except you're either making a shit ton of money
or you're losing a shit ton of money.
Didn't Goblin Town just make a TikTok game where you say higher, lower, buy or sell?
And then they basically use the video screen to like capture them.
And then they use that as like content and shit.
So these games have always been around.
But the fact that you can just touch your screen and do it and it's instant, I think it's kind of an updated kind of UI that no one's kind of used before.
So looking forward to that. Win mainnet. One main net, Brad. One main net.
Hopefully soon. Machiavelli, you came up here, my brother in Christ. How we doing?
Do you want to play a game? Yes.
The choice is yours and the games will begin shortly.
With 3,000 Apen prizes every Saturday at 3 p.m. Eastern, everybody has a chance at pure participation.
Will you run? Yes. Will you jump? Yes. Will you fly?
Hell will send you on a good flight.
But the question is, will you play the games?
Is this another side fucking pitch?
Is this an other side fucking pitch?
Yo, man, I started a little company with my friends like a month ago called Other Games, and we just started creating social experiences over on the other side and just giving away thousands of dollars in prizes for every games that we hosted.
Then people started donating prizes and stuff, and in a short time, we're already on other games five.
We're giving about 5K worth of Ape in prizes.
Over 60% of that is an actual Ape.
You know what I'm saying?
We make it rain.
And it's this Saturday at 3 p.m.
And, like, it's so easy to sign up and come participate.
And, like, while there's winners of every game, like, if you participate and we have the metadata of you being in the first bubble and in the last bubble and stuff like that.
And then you claim the badge that we give out through other pages.
Super simple stuff.
You know, it takes about an hour.
What are some of the games?
What's some of the games that you guys play?
Red light, green light is my game.
That's fun.
We do a gliding game through different parts of the islands.
We do races.
And then, like, it's the first person to interact with us at the end of the races.
And then, like, we go show different spots and we're we spend a lot of time over there right now but it's kind of just been like this awesome social experience it started off with 30
people then quickly a few days later it was 70 then a week later it was 120 then it was 260 and
we've kind of maintained that without any kind of like further outreach or advertising but i'm
listen i'm trying to break the game i'm trying to have as many like right now it was only set up to like open up for spaces
and bubbles for like board api club meetings and for people to go in there and just kind of like
mosey around like explore and stuff but it's really turned into like this fun social dynamic
networking situation and opportunity and uh we're having a lot of fun with each other you know what
i'm saying and we're giving out like roblox kind of like for adults though like for adults yeah and you know what
everybody there is like really like civil it's a great environment you know what i'm saying like
you can you you could pop open a daily alpha bubble in there and literally be staring at your
entire audience and and the ones you want to talk you can pull them up all that stuff you know what
i mean like we've currently like the most people i think we've had in a bubble is like 300 right now.
The capacity is five.
I'm trying to break that bubble, guys.
Is this something that they've actually advertised that people are trying to have that?
No, no, no.
Listen, it's just us.
Like right now, my core team is like in our community is really like we're trying to grow that first 1000.
I got the first 100 already.
You know what I'm saying?
It's like, yo, I can throw a test game in the middle of the week and 100 people will show up and we'll give out a few 108 and we'll test a couple of games and a couple of tracks or whatever we're doing.
And like, it's just become this great, fun and social experience.
And, you know, like we're we're we're testing the limits of this thing.
We're trying to break it. Like, we had over 200 bubbles open up at one time in one of the events of the games, and it crashed.
And, yo, the dev team at Yuga and the other side had us back in world in six and a half minutes, bro.
And we retained 80% of our players, which is amazing.
You know what I'm saying?
And now, like, if something goes wrong and you're in a bubble, it gives you five minutes to get back in world.
You know what I'm saying?
And your bubble won't pop and you won't lose connection with your people or any of that stuff.
So, like, they've been doing, like, UX, UI improvements constantly.
Every bug we find, we let them know.
It's like, it's kind of been a dope experience.
And, like, meeting a lot of the devs and a lot of the game builders and stuff who build Unreal.
And, like, just how open and kind and, like, dope these people are that work for Yuga and the other side and stuff like that.
It's like it's been a really dope experience with a lot of great support there.
But listen, I'm like like anything. I'm trying to have fun. I'm trying to give away money.
I'm trying to invite people. Like I said, I want people to try to use it.
You might come see it, not like it, but I guarantee you, you might come and have some fun and be like, you know what?
If I'm not doing nothing, I might just stop by.
You know what I'm saying?
Well, this is what they've been advertising forever.
I know Illo is on Spaces for the longest time.
It's like they're building another side, and you basically can have your live stream in the stadium that you wanted.
You could build your own games like Roblox.
But it has to be like Machiavelli is doing it in a sense, right?
I think that, I mean, one, hats off for you doing that.
But they're building the world.
If they don't have experiences and other people like you doing this and pop-ups and utilizing the world,
I mean, it's going to become like Decentraland and Sandbox.
Exactly, exactly.
And, you know, and here's another thing.
Like, one of the ODK bathroom blitz already came out for a two-week trial.
They gave away a lot of prizes.
It was an 8v8, 4v4, 6-week shooter.
Dope environment.
They got a lot of great feedback and stuff.
And now they're pulling it back.
They're doing some tweaks.
And that's going to be a persistent experience over on the other side.
You know what I'm saying?
And, like, there's several games in development and several situations, like, in development right now that will be coming out.
And, like, Dakota Nexus will be coming out, which is a vast world.
The MiBits have their world.
That will eventually open up to the me bits
and and everybody else as well so that they can experience that kind of stuff like so
there is a lot coming but right now we're on a roadmap where they're they're you know the the
world is the other side is persistent right now experiences will eventually come the deeds will
go live for for gameplay and stuff like that later like in december and resource mining and
all that stuff uh will happen in the spring of 2026 and um like i said like i don't think they've
really started marketing it yet right now like they're right now we're it's like in beta but
like it's on its way like like this is the beginning of all of that and it's just fun to
be like involved and be creating experiences and like bro i'm i'm like
a big kid right now like if you if i told you i get paid to play a video game you wouldn't believe
me you know i'm saying but like literally that's what i'm doing you need a like a particular
computer um yo right now you can access the uh stack um for like the the client to download on
mac and also on pc mac is the the newest client release. And since it's browser-based through Google Chrome,
you'll go to like launch.otherside.xyz. You'll get up in the world.
And like, you know, you can go to useglyph.io and set up a simple wallet,
like, because they use the Glyph wallet, literally with your Twitter.
You don't have to connect nothing else.
But if you do link like delegated wallets to it,
you'll have your G's on Ape or your uh representation and certain other avatars in there and like every day we're getting closer to them adding other
collections and all that stuff you know what i mean there's a lot going on in the background
like that i don't even know what like i can only assume because of how we're moving right now
that eventually you're gonna see all these other things roll out other experiences other worlds
open up you know builders and and they're also looking for
the best game builders on unreal stuff we had a lot of people applying for odk and stuff so like
like i said the wheels the ball's rolling the wheel's spinning uh and you know it's time to
see what this thing does but i'll tell you what like i want it to be successful so like i'm in
and all i'm trying to do is create social experiences in in that environment like to me
it's the new Facebook.
It's dope to, like, be able to be on there.
Like, you don't know who you're going to run into.
Or you see the homies and you recognize the IP because you've seen that ape or you've seen that Coda running around or on the timeline or whatever.
So, like, there's a lot to be said.
Or the G's on Ape.
Yo, the G's on Ape look fucking so good in there, bro.
And the poly count on them is ridiculous.
Like, just the way that they really put this whole situation together is a feat in itself you know but i think it's something worth everybody
experiencing and listen if you take home a little acorn for coming to hang out with the homeboys
but it red light green light what's wrong with that i'm just surprised there wasn't more marketing
about it because it's not persistent yet like it's not like it's not not persistent it's not uh
it's not an alpha it's not like it's in beta still right now so we're testing the bubbles they're making all these
improvements and stuff like that but like the the best thing that we could do and what we want to do
is get as many people in there and and test it out and let's see let's open up 500 bubbles this
weekend and see if we crash the whole world again tight you know uh i'm not saying like let's do that
particularly but i would love to have 500 people in there i think it's cool i think like i think a
lot of people have been waiting for this and the fact that you maybe you'll see people you know
everybody has like we have game night inside we're gonna play this game maybe you'll start seeing
projects actually utilizing other side to get their community together and play games and give
out prizes and maybe instead of you know, buying the token back with the revenue,
maybe the revenue can be given back to, you know,
your community and some kind of prize pool or something.
Well, that's, that's what I, that's also what I'm doing.
Like I'm in talks with every single, like if you're a collab manager or founder,
you want to, you want to be hosted,
or you want your community to come participate in all that ape and get stuff
where you want to add to the prize pool too, please.
Cause that's exactly what we're out here. I'm head of bd and community relations and stuff for other games uh
and like you know like i said we're just having a good time man this is uh something we've all
been waiting for and it's all on crypto rails so expresso me and you are fucking around in there
and i gotta i owe you some money or whatever i can send you that 100 ape right there
no problem there you go i can send you a g's on ape i can send you a mutant or board like any of
those things right now some of the assets that are available on there right now is is super dope
and like i said there is a lot more coming uh it's just one of those things like this isn't beta like
wait till it does go full full on and i think we'll see that you know in the next six to eight
months you'll see more marketing you'll see more of a rollout you'll see other experiences pop up
like the nexus for the coda world and stuff like that which is going to be you know that's going to be one of the core gameplay features and stuff
it's going to be introducing the coda and their storyline and uh experience also on the other
side which is a big deal so codas are the alpha you know what i mean if you had one in bathroom
blitz you were you were your hitbox was hard to fuck with because you're everywhere and in there
and like you can move
like it's a dope experience you know what i'm saying so go check us out man that's i wanted
to stop by i've been so caught up in my own world and just doing my thing and like like i haven't
even been on on on the spaces and stuff like i was but i'm trying to make that return like i'm
here to build community and see what we can make happen over there. Yeah, just keep us updated.
If there's any new developments, you can send me a DM with the information.
I can bring it up.
Or you just come up and just inform people when there's new developments and shit.
So appreciate you bringing that to our attention.
Didn't know what's going on.
Seems like fun.
And I think you'll probably see when it rolls out in alpha,
more and more people participating on the other side.
So appreciate you, Machiavelli.
Obviously, if we want an altcoin season, we need Bitcoin dominance to kind of fucking fall off a cliff. We need people to
sell their fucking Bitcoin and convert it into Ethereum and sell their Ethereum then and put
it into mid-caps and sell their mid-caps, put it in altcoins. If you look at the chart, we have
bounced a little bit. ETH is basically pumping against BTC, which could be possibly the beginning
signs of kind of a more altcoin season we might
be entering. So here's what we kind of needed. We need the market to say, okay, Bitcoin dipped,
fuck it, let's get into altcoins. And you're kind of seeing the ETH versus BTC chart kind of a pump,
which means that more people are buying Ethereum than Bitcoin as we speak on this first bounce.
So we'll see how it goes. Obviously, everybody going to be staring at Jackson's hole on Friday,
which is going to be fun.
But until then we'll see you guys tomorrow and I'll leave you here for cheap
to end it,
man.
DDA or stay poor.
I'll see you guys in the foundry.
Yeah.
Appreciate everybody that came up,
everybody that shared,
everybody that contributed.
I mean,
we talk about this all the time,
but stage is always open.
Not only does it help the time go by,
but it allows us to grow and cover different sectors that were we don't always have our eyes on so once again
stage is always open appreciate everybody that contributed we do this tuesday through saturday
11 until about 12 12 30 central after the show is over there will be a thread that goes out
covers everything that we talked about use Use it as research when you,
I mean, use it as a reference when you're doing your research later. Any interactions on that
help us grow the TDA, but also get more opportunities for you guys. So it's TDA or
stay poor. We'll catch you guys inside the foundry. Y'all be safe. Have a good rest of your day and
we'll see you tomorrow.
