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Where in the World is Bitboy? - Rekt Radio #102
Recorded: March 26, 2025 Duration: 0:41:36Space Recording
Short Summary
Recent developments in the crypto space include the launch of new projects like Yeet's casino and sportsbook, innovative trading strategies on platforms like Hyperliquid, and significant financial declines such as Hyperliquid's 50 million dollar loss. These events underscore trends in market manipulation and community engagement, while also highlighting the volatility and rapid changes characteristic of the crypto industry.
Full Transcription
Hello, yeah.
Am I even in the space?
No, I don't know.
Yes, nice stuff going on.
A lot of stuff going on right now in the background.
What's up?
We haven't been here for a while.
Recreedia 102.
Our esteemed guest, Mr. First name, Bit, last name, boy.
has been arrested that's sad i mean like we all we don't really are i know he's been going through a lot so
yeah waking up to that i was just like oh god um what the first i saw was from wizard of so
being like how much how much is uh is bail and i was like oh what the hell's happened now
yeah so we don't need to talk about it much but he was supposed to be the guest say so instead
you guys just get us
So we just talk about this hyper-liquid thing straight off the bat?
Like, yeah.
Yeah, I haven't been on the internet.
So I think I'm going to be, I'm going to need a full rundown.
I literally have not left Yeat Slack for five days.
So you get the Yeet, like a sponsorship thing going, don't we?
Yeah, yeah, we do.
That is that something that has happened now since, uh,
Since our last show, the formal announcement for Yeet has kind of gone live, right?
We are launching a casino and sportsbook.
It's a little late, but it'll be there.
There'll be our new sponsor.
We'll do a bunch of prizes on the back of them.
Yeah, go check it out.
If you go to coming soon.eat.com.
We will, you can sign up and yeah, that's going to be a key show partner, I think, going forward.
Yeah, I mean, we put a lot of fucking effort into this.
We've been building it for every year.
It'll challenge the incumbents right away.
So we're happy to launch it.
Yeah.
So yeah, there's that.
I'm actually looking forward to doing that on the site.
Now we could actually like, I guess who's going to do the daily, the weekly shout out to our sponsor?
I'll do that.
Yeah.
I'll keep it, keep it, I'll keep that job.
I finally got my wreck drink too.
There you go.
There we go.
Finally, let's get in a hyperlid stuff.
I don't even know what's going on.
So yeah, let me break it down.
So it looks as though hyperliquid had some very liquid coins on their, on their part decks, right?
And that has, one of them was jelly jelly.
And they, yeah, they basically allowed one of the traders to go max short.
And that has created, and then he drove up the price on spot.
So it's created a short for Hyperliquid in Jelly Jelly.
How much should they let him short?
Well, $4.5 million.
$4.5 million.
Okay.
And the LP for Jelly Jelly is three.
Oh, wow.
What happened here is like, what happened was like someone, I think what happened was
someone went short on hyperliquid and presumably they own a ton of jelly jelly
spot.
They then liquidated themselves.
So hyperliquid inherits that big short position.
Yeah.
And I guess now they're just stuck in this massive jelly jelly short while you can get I think they can they can go
They can go they can market can attack this and it can make jelly jelly jelly go up 10x even well that's that's what I was saying like if you if you're
If you're buying that's your coin base why do you not just like buy a ton of this is actually like this book hedge fund like fucking gangster play as well so um
If I'm Sisi, I'm fucking buying as much as I can of this thing, then I'm listing it.
Then it's literally.
Literally.
There you go.
And I would do that as soon as I can.
Yeah, they can be on the hook for, yeah, tens of millions of dollars pretty quickly.
Yeah.
Well, if this goes up to, I think it's a price of like 150 million odd.
It wipes out the whole of the hyperliquid vault.
Only 150 million?
That's, I mean, like a hedge fund can do that.
Right. So I'm taking all my money of Fipiliquid as we speak.
And especially when the market starts buying it out, like they are right now during the show.
Like it's just like it's a guarantee then.
I would, I think this is a buy.
That's what I'm trying to say.
It's that.
Well, it's only a.
So what?
I mean, it's just pumped to.
It only has to fucking triple.
This is like a guarantee.
Yeah.
Right. So this is what's happening, but you can also short hyperliquid, right?
The actual coin.
John Jelly Jelly short,
hyper liquid pair trade.
I'm surprised because this feels like classic you, like you missed the hyper liquid
air drop. This is your chance, right?
This is like this is the hyper liquid cope trade.
I mean, I don't, no, no, we agree that you're going to be a nice guy from now.
Come on KPM send it.
A client facing business.
Yeah, this is beautiful.
This, yeah, it's like, and I'm not just doing this to fud.
I am taking my money off hyperliquic because I think there's a genuine risk that this thing could go.
Yeah, that's interesting.
well yikes yeah that that is a nice trade well done to ever orchestrated that i mean it's hyperliko
getting out of that position i guess now well we don't know they'd have to buy it back right
and they have to buy it back on on a but the the LP the on chain LP is only three million
there you go it's happening oh man that's pretty that's a big move fuck yeah
Yeah, the thing is, as more people see the smoke, it'll get the fire will create and it will burn.
But I think the other thing is that like it's it's repeatable.
You know what I mean?
Oh, yeah, definitely.
This was very similar to the risk parameters immediately, no?
Have they not?
Well, they did for like, remember because someone was doing it was like 500 million of Eath, right?
But they didn't change it for their low liquidity coins.
So like...
This idea where you create like an on-chain liquidation, like you create like this, this thing for people to attack.
It's really dangerous for them.
Yeah, pretty cool.
Definitely awesome.
I mean, not awesome for the chain, but like a great idea by whoever did it.
I think this is very dangerous.
Even than just a normal, it doesn't even have to be a sex, just any market maker.
can just who has capital can just fucking go in and do this thing now i think everyone's kind of
aware of that they're like everyone's um like now that it's there because they still haven't
closed the position right so it's still that they don't just snap well i guess they don't snap
close it due to efficiency reasons but this seems pretty dangerous it seems like something
you should probably try to snap close like you're fucking they're fucked
Yeah, so like I was always in JLP, but that doesn't have this risk because it's only Bitcoin, Ethan and Solana.
The issue is about HLP, which is their liquidity.
It's full of this, right?
It's full of tons of different like smaller liquidity coins.
Yeah. In some ways I'm surprised no one's look at the chart up for the show.
We might get it some fireworks today.
It's fucking ripping right now.
Yeah, I'll keep it up on my other screen I guess.
Yeah, I'm just watching it.
Like it's hard to see a world that doesn't get there.
That's really not that far that I have to go.
I've just taken all my money off, hyperliquid now.
I don't think it's going to be like that hard for mercenary capital or like a hedge fund
to fucking push this thing or whoever's doing it.
Like it's pretty fucking easy.
Yeah, that's a wrap on that.
Let's see.
I mean, it's gaping up hard.
This is the most interesting thing to happen in crypto in like the last month.
Yeah, this is fun.
We just be shorting the market, though.
Like this could take out a lot, right?
Not the market.
I don't know.
Yeah, I mean.
It goes down.
That would go.
That's like, would they go down.
I think it's nothing.
Right.
They can go down.
The HLP is there.
Is there?
Is there?
So let's think about the mechanics here.
What's their net short position?
Wait, did they get out of the trade?
Why is it going up like this?
Like, what's going on?
Yeah, maybe they closed it.
Maybe that was the big spy.
There has to be something, right?
Like, why would it do that?
Yeah, Jelly Jelly is going down now.
So maybe they just closed it.
My guess is they just got out of trade with that reaction.
Yeah, maybe they did.
They've been watching the show.
They realized that they've the snap closed it.
That's what that move was.
Yeah, they had to.
Somebody fucking source it.
Maybe, um,
Maybe an OTC desk got it for them. I don't know.
Maybe someone went to them and was like...
I would have to assume they got out and that was a hell long then.
I was really excited about...
Yeah, I was getting pumped.
Jelly, Jellie Mooking Hard, they definitely got out.
Where is it?
Yeah.
Hyperliquid is ripping and Jay Yelly's going down.
Finance futures will list UST margin, perpetual jelly jelly.
Is that the headline?
Yeah, so what does that mean?
Like, they're going to be able to get out on PURPS on Binance.
Like, what the fuck?
I don't know.
Hmm.
Maybe.
I don't know, but whatever the news that just hit clearly, um, fixed whatever the problem was.
Well, see you guys next week then.
Yeah, well, that was fun.
It was a cool show for five minutes.
We could, we made them capitually.
I think that was us.
I did it.
So yeah.
Thank God for us.
We saved, uh, we saved type of lip code.
That was, that was good.
Anyway.
What else is going on?
Damn, that was a quick live.
What else?
What else?
What else? Oh, fuck.
Never mind.
Well, guys, what are we talking about next?
You guys are, what are you looking at?
What are you doing?
I was looking at that.
And, you, with you.
Someone just nuked epic.
I don't know who.
Yeah.
That, basically.
A lot going on.
So how they bought it back?
I'm still kind of confused.
Apparently, I'm in chats and it says they've...
Oh, it's just the Binance headline then.
Well, it says that they've covered it.
Yeah.
Well, I'm seeing that in chats.
I don't know if that's like official or not, but that's what my chats are saying.
Is that though?
I haven't seen anything that the only...
The only thing is that they listed jelly on Binance.
Yeah.
And I don't know if that's good or bad.
But it's a, it's a, yeah.
Hyperliquid seemingly delisted jelly, the second finance perps were listed.
So it was coordinated between Binance of them.
So I don't know.
So maybe Binance took the position?
Yeah, it seems like Binance probably helped them like that.
Yeah, that's probably what it is, isn't it?
They delisted it all.
Hyperliquid listed on Binance.
Probably help them with position.
I don't know.
That's what it seems like.
Well, I'm guessing it was covered because it had that massive spike right to 65 mil
But that's probably not enough to the whole position but maybe they bought some OTC and that was the balance of what they had to buy
Like it feels like maybe what someone's done is like orchestrated position they took the position no doubt
Yeah like whoever was long we just went to them was like hey look we can bail you out here
If that's the anything, I can...
Everyone seems to be misunderstanding.
Everyone's like, oh, my God, they're going to kill them.
They just listed it.
Yeah.
That doesn't appear to be what just happened.
Anyway.
Wow.
Finance being the good guys again.
Is this going to keep happening to them, though?
I don't know.
Like...
Are they the good guys at the back who we don't really know what have like someone's this
an attack someone's done something but this has been repeated for the last few weeks we've seen a
few of these right have we haven't been following the hyperliquid whales not really no i've also
not been that plugged into the market either in the last couple of weeks so blank golf i don't even
i knew i would have lost money had i been um well so when's bitboard coming on
I don't know if he's going to be on ever again.
Things have really, really,
why did he get arrested?
He was threatening a judge.
Have you not been following Bitboy recently?
He was threatening a judge,
which is why he got arrested.
Yeah.
Do you think there's any truth to what he's saying?
He seems to think there's lots of people out to get him.
He's being a bit scapegrating.
Yeah, we've spoken to him, right?
Then he'll launch a pre-sale.
I think that's just irrelevant, though.
Apart from that, do you think it's...
I don't even know what to make of it, really.
Like, uh, what's going on?
I don't know.
Like, he didn't look so good either.
Bad angle, isn't it?
Difficult to know what was going on there.
CRG says their vote is down 50 million.
So they lost 50 million.
Wow.
Why does, why does everyone think that Biden is just fucking them with his listing when it was
clearly a fix?
Like what?
Is everyone retarded?
It appears so.
Anyway.
Yeah.
What else is going on on that side of the world, guys?
What the fuck?
Nothing?
Yeah, I don't know.
Like, markets-wise, it feels like we've had a bit of a balance.
I kind of think the loads are quite in here.
But I don't think it's going to just be this big V-shaped valley.
I think it's going to take a bit of time for things to go higher.
But I'm generally quite long.
I bought DCA quite a lot.
I still think we're just in a period of chop trending downward, but, you know.
Yeah, I think we will be in a period of chop.
I think we will, could be down, could be up, could be sideways.
Hope that was helpful.
But I do think, I think it will be a good spot to,
I still think this is going to be a good spot to buy within the context of this year.
Whether, you know, I don't know if it's the absolute pico lows, but.
Yeah, I don't, but, you know, whether is that?
This comes as a great surprise to me.
Is that surprise?
Yeah.
To be fair, I don't really know what we're, what's like the big catalyst we're waiting for now?
Um, you know, liquidated. Bitcoin will never make an hour if sailors involved.
I mean, I was looking for bullish catalysts, but I can't think of any British catalysts.
Um, yeah, sorry. Uh, man, this hyperliquid stuff, I still think it's going to be bad. Like, uh,
For the company, I mean, they lost 50 mill.
Yeah, sorry, we're just digging through stuff here.
That's why we're not speaking a lot.
How is, did the hyperliquid chart sell off again?
Their whole insurance fund is in hype.
So I guess if somebody keeps pummeling it.
Yeah, there's some interesting.
The insurance fund is in hype?
Yeah.
There's a few of them.
They're saying that like Grafane is listed, 46 million.
What other coins on hyperliquid are there that they have really low market cap?
That's the trade, right?
Find the low market cap hyperliquid coins.
They got a lot of like cut the risk parameters now.
Chill guys, 32 million.
Ooh.
you know who else denominated in their insurance funds well not really they listed anime i don't
know where the fuck that is sounds a lot like f tx okay it does yeah FTT this just feels not great
anyway i'm just looking through all the coins that they have they have some really low
market cap stuff on here you shorten them
and then but you'd go long on if i'm honest you short the height you know short the short
height well you you need them to take a short position from you though you do it yourself though
right anyway um yeah or you just play on the fact that maybe someone else will do it yeah yeah of
course yeah i i i wonder if dexes are ever going to be able to like deal with this this feels
like a no it's such big risk limits no right so it's kind of they're kind of cut
Yeah, right?
Yeah.
I've always felt that way for a bit, but centralize the way.
I didn't give you the air drop.
I've always felt like that.
That's why I didn't trade there.
Yeah.
What's, should we bring up, what's Flood saying?
What's Anson saying?
Bloody boy.
What's Sisyphus saying?
What's all the hyperliquid guys saying?
They're frantically dumping.
No time to tweet.
He's not tweeted since the 24th of March.
Coincidence?
I love, you know whose tweets I really appreciate Cooke?
Why is Hyperliquid down minus 70% today?
Hyperliquid.
I tweeted that out.
I'm frantically dumping hyperliquid.
Oh, boy.
Oh god.
Was that just some bad taste?
Is everyone lost money?
No, who cares?
Who cares?
Play stupid games when wins Superprises.
I think if there's one place in the world where it's socially accessible to do that kind of thing that's crypto-twits it.
Yeah.
Nice. Okay. Well, that was one thing. I don't know what we're going to be doing. I said this before. Like it feels as though there's a brief period here for like the sole trenches. We do like it's more established means that are doing okay, right? Yeah, sort of like the top the top 25, isn't it?
They all rallied pretty well. Like Pepe's back up, a bunch of these other. I don't know if they still are. But yeah, people are buying the low cap stuff. You can already see it like chill guys rallying.
Oh, God.
Is everyone really dumb or why do people think that,
oh, it's just a coincidence, OKX and Binance listed and they delisted?
It's obviously coordinated.
Yeah, they're 100%.
They teamed up 1,000%.
Everyone's like, oh, my God, CZ.
It's like, he helped them.
Am I crazy?
So what would the mechanics be of like these other positions like chill guy and stuff?
Like someone would have to do the same thing.
They would have to.
Yeah.
So they can, if I'm hyperliquid, they take a massive short on hyperliquid,
then they start buying spot and they force a liquidation of their short position.
Yeah.
And with low liquidity coins, which a lot of the pump fund coins really are, like, you can do this.
Surely Hyperliquid just delists all the liquidity coins now then.
Well, that's what people are saying, but they haven't yet.
Yeah, it feels like a bit of a sucker's trade to like,
buy loads of something like Chill Guy and then they just delist it in the next hour and then you're just like, oh.
I think the other thing about Jelly Jelly is it's one of the few ones which they,
they are the only person to list it.
So like Chill Guy I think is listed.
Maybe at other exchanges for Perps, right?
But maybe Jelly Jelly isn't.
So this was maybe the perfect coin to do that in.
Yeah.
Yeah, I see what you mean.
Why did they even list Jelly Jelly?
Anyway, like.
It's the point, like.
I think that's someone saw that and said hey we can fuck them up.
So they lost 50 mil in this position. Is that the number?
Well, I think the vault is down 50, which means that they would have lost a certain, I don't know what they paid to get out of this, but I reckon they paid a lot.
But they also would have lost TVL. So it's difficult to work out like what out of what was their actual loss and then what was the TVL.
Yeah.
But theoretically, you would pay a lot to get out of that position, right?
They were about to get absolutely fucked.
So I see this tweet here actually, which shows,
hey, let me put it in our radio chat.
This tweet here says they forced closed the jelly market
and over at the Oracle price to settle at around 95 million market cap.
Okay, there you go.
And that was $3.7 million trade or something like that.
Anyway.
I'm playing some poker in 30 minutes with Faroak and some.
So I'll get Handsome five.
Can we talk about the Lions here a little bit?
Like on Marriott markets, which admittedly Faroak is the CEO of, it's a 45 versus 55% chance.
Like, they have you beating Faroque only 55% versus Faroak 40%.
I haven't played in a while, but that is kind of disrespectful.
I was like, that's pretty disrespectful.
And Faroic was like, no, man, I'm really good.
I was like, brother.
And he said he's better at trading than me, too.
I was like, I'm just not in top.
This fucking guys.
See this?
See this market?
I'm like.
I know it's obviously like it's a...
It seems like it's free money for those who want to make some money.
Disrespectful, in my opinion.
This is real money, too.
Pengu.
Even Jingtow versus Anselm seems pretty wild there.
Yeah, that's...
What do we got here?
Three and a half players are a bus.
All in first line when I am.
Yeah, I don't know.
There's some mispriced markets for people.
All right.
Yeah.
I guess we're getting a bit more of the hype.
Yeah, like, it feels like they were able to close it.
I mean, these things I don't know,
like were they able to force override the Oracle.
Yeah, I don't know what that means.
Is that good?
I guess that minimizes the loss quite a bit, right?
Yeah.
Oh, that's a good tweet.
Anson, sold all my hype last night.
That's so good.
Yeah.
I love that.
That's funny.
I was like Hyperliquit.
I was an investor
of the platform.
But now I'm going to do it all on finance again.
Anyway.
so yeah what else you've been doing so oh saph like what are you buying kbm i know we're just like
insanely busy but i'm still doing like this dgen defy stuff on sonic like which has been
good actually made quite a lot from that um oh yeah how has sonic been i i did like the the idea
it dropped about i mean we did it right before the big market set off so it went from 90 cents to 60
But it's kind of held up pretty well there.
It's up 50% from the low.
So it's been one of the better ones.
And I don't know, TVL above a billion now.
They're doing well.
I like, I like that one.
I like Andre and you can do quite a lot of stuff on there.
Yeah, no, he had some good ideas and explanations of things.
I thought it was definitely unique.
So that's cool.
Was that our last show or what did we do last time?
Was it Wiz, was it Soho last show?
I think you have ways last month, didn't me?
Yeah.
Yeah.
Yeah.
Um, yeah.
You can do like a lot of like, even Delta Neutral stuff, you can make crazy, uh, P&L and stuff.
Um, so do you actively sell your staking rewards?
Or do you just accumulate the staking rewards and restake?
Uh, depends. Some of them I sell, some of them I, I, I just, uh, auto compound. Um, I use beefy for some stuff. Um, it's just like an auto compounder.
Beefy, that's a real blast from the past of 2021. Beefy's still going, man. Great, great little platform there. Um, and yeah, because, uh, it's actually,
It's actually like half, just for my tax situation as well.
It's like it counts as foreign income.
So it's zero tax for me.
So I don't really care.
Hmm.
The bitwise guy tweeted hyper illegal and then deleted it.
It's not illegal.
Whatever happened there.
But maybe Binance just made...
It's always difficult to know, like, who is the person behind all these?
But like, you can imagine if Binance saw that, they could have been like, yeah, well, we can basically have.
The fact that Barnett swooped in like that and probably took the position makes me think that, like, maybe they made, maybe they were the originate.
Yeah.
Basically what happened with FDX, right?
He saw his opportunity.
He went after, after SBF, and maybe he did the same here.
Yeah, I'm sure what happened.
He did save these guys rather than FDX, which he didn't.
Other people seem to think they weren't saving them.
The timing just all lined up to the minute.
So I don't know.
I can bet a lot of money.
It's so ridiculous.
Why did they save them?
Well, it's not good for the industry when you take out a whole fucking exchange.
I don't think it's good for regulatory reasons.
there's a lot of bad stuff that came with fdx now so yeah yeah hipliquid i had 300 million of tvl
right so it's bad but it's not like it's not fcx level by any means no of course not but
but it is bad it would if hyperlick would went down it would undoubtedly be bad for crypto per rule
And bad for just like defy.
Yes, the poker is streamed.
I will, uh, it's on my page somewhere.
What are the stakes?
It's only for fucking two grand.
It's just for fun, basically.
Just on there to hang out with the boys and
You know what we're
Now I think you should have broke
There's a lot of CT crypto stuff but
Which I've never ever watched but
What I would watch is if it was like proper high stakes
Like yeah
500K one mill buy ins
It's like a fucking like big game
I would watch that
I played that on stream before
I played a 250k buying or something
Yeah
On a stream.
We ended up in a million combined between us.
They wouldn't,
they wouldn't wire me the money at the win.
And we had to take in cash.
So we had just a million dollars in cash in a backpack.
Wow.
Just walking around.
But yeah, that was a fun game.
That was like a year and a half ago, though.
The good old days when you could just make a million cash and walk around with it.
Not so much anymore.
I like this quote tweet, CRG has done of CZ, which was hype may win short term, builders win long term.
Obviously, he was talking about hype, the word, but it's quite a good one.
It felt like Hyperliquers were one of the actual few winners of this cycle, didn't it?
And then that's that happened.
I do not feel comfortable using it now.
they just got delist they should just focus on bitcoin how much volume is bitcoin versus fucking jelly jelly
like no one cares about jelly jelly jelly like they're doing now yeah just cut all the limits on
everything like that easy why aren't we smart enough to do but trade like that or we just don't
have enough money don't have like money it's like probably a big position right yeah you need
a few million clearly probably needed like
10 million or so I think probably did a trade like
So instead of like gambling all these coins why can't we think of like a smart trade like that way it's like oh yeah that's but take down the take down the exchange trades just
Something where it's like this is I guess it's I mean it's the last of these trades that like Luna doesn't feel like I've seen a trade like this for a while
I guess the East trades but the East trades with like hundreds of millions
This trade made sense because you need, yeah, I guess it's all makes sense like ex post,
but you needed no one else to have listed it essentially.
Anyway.
The hyperliquid does feel like where a lot of this gainsmanship is happening, right?
People are looking at it and being like, what can I do here?
Because the volume is so massive.
And because of the size of the liquidity pool, you can put in huge trades.
I'm really, I mean, I guess it's good. The outcome is good.
for the market but i was you know hoping some good action you're just like you know
there was some like legendary short-squeeze stories and financial markets and the last
century and i was like oh maybe this could be one of them but and it's just like the most random
fucking thing like jelly jelly and the hype like you try and explain that to normie they'd
literally be like what the fuck yeah um huh
The only other one that's been doing well has been FarkCoyne.
You think that one's going to be a multi-cycle meme?
It seems like, I don't know if it will be like an intercycle meme.
Maybe it will, but...
People are loving it again.
People are loving it, yeah.
I've always been a big fan, but it was tough after, I mean, after what's his face?
Libra, I just reduce the majority of the bigger sole positions.
I still like a lot of these AI coins.
Like, I think that's the...
Apart from Bitcoin, that's the other stuff I've been buying,
which is like in the money off the lows,
but obviously still down 90% across the board.
I don't know.
I just don't actually know how long this chop could last for.
But I do think when we come out of it, that'll take longer.
Yeah.
I think the easiest ones are like the L1 still.
That's why I kind of like this sonic stuff, but rather than like the really risky stuff.
And then maybe like the biggest memes, again, they probably do do okay here.
It felt like a big like macro short squeeze.
Just like across the board, everything was getting squeezed.
i don't know how long how long that i'll last for but yeah so everyone's been wrecked now this cycle then
so nfts um nftes um and anyone who made money from the hyperliquid airdrop who was like the fourth
group great cycle so i just want i'm going to go back to this hyperliquid thing again when it says they
overrode the Oracle price to force close.
Does that mean they just decide on their platform that,
okay, we're just going to stop ourselves out at this level and that's done?
Is that what they've done there?
Because I see this Zach XPT comment saying,
kind of annoying if they draw the line here,
but not when DPRK had reasonably sized positions
open with funds from the Radiant hack.
I genuinely don't know, man.
I genuinely don't know.
So that's a bit dicey, right?
If you're just like, I'm not saying that's what they did, but I'm just trying to understand what that means.
Yeah.
Yeah, of course, like, how can you override an Oracle price?
Well, there's like, isn't that?
Three nodes, right? So like, I don't really know.
Isn't that a bit dodgy?
Of course it's dodgy, but like, like I said, like they, I don't know what needs to happen for them to do that, but
It doesn't feel very defy to me.
Is Hyperliquid that defy?
I don't know.
It is.
It kind of has, it feels like mid level, five.
Let's put that way.
Like it's not really a decentralized chain in any way.
This feels like this app, which is a really good app.
But it's very much like this centralized team is going to build this.
I don't know.
That was always, I don't think the hype, basically what I'm trying to say is, I don't know if people on hyperliquid actually care about that.
Yeah.
I'm very interested to continue to read the commentary surrounding this debacle today.
Why is that so funny?
It is true.
Everyone likes a little bit of drama on CT, right?
Everyone likes a little bit of drama.
Yeah, that's what all the...
That's what all the commentary is now.
If you look at ICU abuse and those guys, they've just been like,
they just decided, they just picked an arbitrary price and closed it there.
Anyway, I don't know.
We might have to cut the show short.
I got to run this for everything.
I'm being bugged.
Okay.
Seems like you guys want to keep going.
I might have for all, though.
Don't have anything else to say, really.
Yeah, well, it seems like it was just crime committed by everyone.
And that was it.
it's one of those things where it's like i kind of like work up from my sleep and then it's like
i better go back to bed sort of thing you know like actually or you just don't not actually not
actually but like i haven't been trading or anything like it just feels like yeah there's not
much to do i have no money right all right well i'll see next week maybe we'll have a guest
maybe maybe we won't maybe there'll be a yeat live maybe we won't be
We need to get beat all over this thing, though, right?
Like, what a great show this has been.
Let's make sure that Yee is associated with this every single time.
Yeah, definitely this one.
This was a great episode.
Great job, guys.
Hey, I think, to be fair, all right.
We had a last minute cancellation of a guest.
Yeah.
And it was a big guest.
Yeah.
Yeah.
We've got to get.
We've got to get.
If you watched the last bitboard show, you know he would be speaking for most of the show.
Yeah.
He was going to go off, I think, this show.
Yeah, I think you guys were hoping that that would be it.
You know, just throw him a boat and watch him talk for half an hour.
I do like sidework while we're just sitting.
I love how on the last show when he came on, he was just...
saying names that we should know these people.
It's like, yeah, like, Danny's after me.
They're all after me and like, Jimmy did this.
And I was like, it's gone.
So have you not?
I mean, I feel like you haven't.
But like, it's gotten so much more like that.
Like if you've been following anything about Bitboy,
the eyes are looking a lot more black and gray.
The, uh,
the health isn't looking so good.
He's like talking to himself.
And he's writing like literal thesises on how the world is after him.
Like,
He dialed that up.
If you thought that was like 11, he dialed it way, way higher than that after he left our show.
I'm just watching this video.
He does not look good.
I hope he stays in good health.
A bit late.
Okay.
We'll be on a poker stream a couple of minutes for Anthem, Baroque, Jing Tao.
Yeah.
Luke and Nat.
I mean, if you want to, if you want to make some money, bet the house on, on Jimtown and KBM here.
All right.
Let's speak you guys a bit.
Okay.
Goodbye, everyone.
