35 Burst results for "Each Scenario"
Flight of ideas
"Give the Bread Dough to the Baker, Even If He Eats Half of It"
"The value of expertise in a world brimming with DIY tutorials and a do -it -yourself culture, the age -old adage, give the bread to the baker, even if he eats half of it, resonates with timeless wisdom. This proverb underlines a fundamental truth, the importance of entrusting tasks to those who are skilled in their respective fields, even if it means incurring higher costs. The cost of amateur work attempting to lead to subpar outcomes, additional expenses, or even catastrophic failures. For instance, a homeowner might attempt a complex plumbing job to save costs, only to create a bigger issue that requires professional intervention. This scenario illustrates the hidden costs of amateur work, which can often exceed the expense of hiring a professional from the outset. The baker's half, a fair exchange the just a monetary cost but also represents the value of expertise, experience, and the assurance of quality. When we pay professionals, we aren't just paying for the physical labor or the end product. We're also paying for their years of training, their specialized tools, and their ability to foresee and solve complex problems. In the professional sphere in the professional world, particularly in fields like medicine, law, or engineering, the stakes of amateur intervention can be extraordinarily high. As a physician, for instance, I understand the critical importance of specialized knowledge. In healthcare, entrusting a complex medical procedure to a generalist rather than a specialist can have dire consequences. Economic implications While it might seem cost -effective to cut corners by not hiring professionals, the long -term economic implications can be profound. Businesses that skimp on expert input might face operational failures, legal challenges, or reputational damage, all of which can be far costlier than the initial savings. Conclusion The essence of the proverb, give the bread to the baker, even if he eats half of it, is not about literal bread or bakers. It's a call to acknowledge the value of professional expertise and the wisdom of investing in it. Whether in our personal lives or professional domains, this principle guides us to make decisions that prioritize quality, safety, and proficiency over short -term savings. In the end, the extra cost paid to a professional is not just an expense, it's an investment in quality, peace of mind, and ultimately, success.
Dear Chiefs Podcast
First Responder Wife Daniela Shares Her Family's Harrowing Hostage Nightmare
"We have Daniella T from Ontario, Canada with us today. Daniella is a first responder wife and mom to two girls, as well as a full -time staffing coordinator at her local hospital. Daniella's life changed forever when her husband was taken hostage during a shift when he was working as a correctional officer. Four of the longest hours ensued not knowing what the future would bring. Thankfully, through the hard work of the negotiating team, he was released with minimal physical injuries, but it would be the invisible injuries that would have the most profound effect and that would end up testing them as individuals and as a couple. While her husband recognized he would need immediate help facing the challenges that would come with PTSD, Daniella pushed the need to reach out for support for herself in dealing with the trauma and focused 100 % of her attention and care to him and their two children. As time progressed, Daniella recognized that she too finally needed to truly process the ordeal and the injuries she had been enduring as a result. So she started a blog called The Often Unseen and that was a major step in her healing journey. Welcome, Daniella. Thanks for coming on the show. Thanks. I'm fangirling a little bit here because I've been following you guys for over a year now. And when I saw you guys kind of put a call out to, you know, people who might want to be a guest, I was like, Oh my God, pick me. Thank you for having the courage to come and talk about your healing journey with us today. So based on your own comfort level, walk us through the incident. Yeah. So it was September 14th, 2018, and it was a Friday afternoon. I'll never forget that date, but it was just a regular day. And if you ever hear my husband tell the story, he always starts with, I wasn't even supposed to work that day. It was an overtime shift that he had picked up, but it was a regular day. I was out running errands and I had gotten a message from the superintendent of the jail. Our town is a very small town and everybody knows everybody. And I knew this gentleman through other community things that we had been involved in. And he sent me a Facebook message saying, Hey, it's Steve, call me when you get this. And I thought that's weird, but whatever. So I called him when I got home and he started it by saying, where are you? And I thought that was weird. And I said, Oh, I'm at home. And well, where's home? You guys moved, right? And we had been in the process of, we had sold our house and we were living with my in -laws while we went through the process of buying a new house. So I said, yeah, we're here at the address. I said, what's going on? And so now I'm kind of thinking, you know, like I should preface this because I'm guessing probably a lot of your listeners are American, but up here, the jail that my husband worked at, it was sort of like a minimum security. And so really the only weapons that they carry to protect themselves were pepper spray. So I'm thinking, Oh, he had to use this pepper spray. He got some in the eye or, or something along those lines. And then he just said, I'm sending someone over to the house. And then that was when I sort of started to panic. And then he said, there's been an incident and they have John. And I just, I had like an out of body experience. I fell to the floor. I couldn't breathe. And I could see myself like sitting on the floor, trying to process this bomb that had been dropped. And it was probably one o 'clock in the afternoon. So my kids were at school and daycare. And so I thought, I didn't know what to do. So I called my mother -in -law who I was living with. And I said, where are you? In my calmest voice that I tried to, you know, where are you? And she said, I'm downtown. And I said, I need you to come home now. And again, we live in a small town. It takes less than 10 minutes to pretty much get it anywhere. And she said, okay, is everything all right? I said, I need you to come home now. And so as she pulled up the chaplain from the jail, as well as the police officer were pulling up. And so she kind of was like, do you have the right house? And so they were like, yes. So she came in and I had to tell her, I couldn't even really talk. I sent a text to my mom and my dad and my sister who all lived here. And I said, I can't talk. This is what has happened. I know nothing. And so my dad was retired. He came over, my mom left work. She came over and we all just sat around the table for like, you know, it was probably a total of three hours, but again, a small town. I started to get text messages from people saying, I heard this is going on at the jail. I hope John's not working today. And so the first person, a good friend of mine who texted me that I said, oh, where did you hear that? And he said, well, people are talking about it in the staff room at work. And so it was at that point that I said to my mother -in -law, we have to call my two sister -in -laws who also live in town. I said, they're teachers. I said, we have to call them. They can't find out that this is going on, you know, at school through word of mouth. So my mother -in -law called them. They came over and we all sat around the table. And then I finally got a call from the superintendent saying that John had been released and that he was taking him to the hospital to get checked out. So we went there, we waited, we met the ambulance. I've never known a relief like that in my life. And we were there for a couple of hours as they ran some tests and x -rays, but you know, he was lucky that there was just some bruising and, you know, a black eye. He was pretty sore just from, you know, they had him handcuffed and things like that. So, but no broken bones, you know, no open wounds, anything like that. So that we were probably back home by, I'm going to say 8 30. So all in all, it was about a seven and a half hour ordeal. And then, and then, and then life kept going on. Yikes. That's a lot. Yeah. It's, you know, if you're, you know, if you're a corrections spouse or in that corrections world, you know, that's sort of your worst case scenario, your worst fear of, you know, a riot or something like that happening, you know?
Tech Path Crypto
A highlight from Bitcoin ETF Hype is Exaggerated w/ Andrew Horowitz | Investment Advisor
"All right, today we're going to be diving into some macro news, also get into a little bit of what's happening in DC and then towards the end, we'll get into a little bit of ETFs, some strategies and some things to look forward to in 2024. We're going to do it with a special guest. I think you guys will love it. My name is Paul Baron. Welcome back to Tech Path. Joining me today, of course, is a friend and a guest who's been on our show many times and that, of course, is Mr. Andrew Horowitz, president and founder, Horowitz & Company. Great to have you back. What's happened? It's been a while. How are you, Paul? It has been a while. I'm doing great. The markets are kind of a little crazy, but I think this is, with everything that's going on right now, not only in DC, but just globally from just the scenarios we're facing internationally, I think what's to be expected, I think it's at least, nothing's burnt down yet, so that's a good thing. At least yet. Good news. Yeah, good news. Success. Nothing's on fire that we know of other than, well, a few things. Let's talk about a few things that might be on fire and that, of course, is the U .S.'s credit rating, downgraded from Moody's, not necessarily looking that great and a looming shutdown right now. Obviously, Andrew, you being an investment advisor, you get a chance to work with a lot of high net worth individuals. What's their take on this? Are they concerned at all? What do you think is up? So it's interesting. I was watching, just to be clear, the Moody's move was really not a downgrade. It was more of a credit watch, which is equivalent to like a mini downgrade, if you want to call it that, but it's not a true downgrade. It's saying, it slapped us on it and it was all about just voicing the opinion of the bond rating agency of the dysfunction in Washington. And by the way, it doesn't take a genius or anybody that is doing anything in life to know that there is, that doesn't know that there's a severe dysfunction in Washington, D .C. Our political leaders cannot make a decision and they won't make a decision for any good reason other than the fact of what is politically expedient and good for themselves. And they're not really doing a good job for any of us, right? So okay, that being the state of where we are and the fact that we can't get a budget done, you know, we had to open the debt ceiling up for a year and a half to an unlimited amount of debt being pumped in if necessary, and the fact that they can't get the full resolution done on anything more than a continuing resolution to fund government is a problem, is that there's a functional dysfunction in Washington, kind of like the walking dead of politicians. So most people realize that they're not going to be terribly affected long term, even if we do shut down the parks, the various agencies. Those people are going to get their money when we reopen, eventually something will break and they will be a budget done. So it's this very strange time of a realization that there could be a downgrade. But in the end, what happens, what happens is, as Alan Greenspan would say, it doesn't matter what our rating is, we could always print as much money as we need to pay off all of our debts. The U .S. is not going to default. Yeah, well, but that's the truth. And that's what we've done. Well, yes. And of course, I think, you know, if you look at the spiraling national debt and the continued rise in that, I mean, at some point they have to be able to address this. Is there really any way out of this other than a complete pivot by Powell? There's no way. I can't see a way. You know, what do you do? You raise the, well, yeah, I'll give you the way, right? We all buckle down. We pay higher taxes. You and I are not in favor of that, are we? No, but that's what we do. We slow down the spending on excess and we spend, just like you would do as a business or an individual. If all of a sudden, you know, your salary is capped out at X, you don't spend X plus 20, unless you know you're going to get some money in the future, for whatever reason, whether it's, I don't care if it's an inheritance or whether you're gonna get a raise or a bonus or something else comes in, but that's not how the government operates. They operate on, listen, we're going to spend X, but that's what we plan probably to spend X times, you know, 20 % more. And then if it doesn't work out, what we'll do is just print money and figure our way out of it. And that's what we've been doing for a long time. We're debt dependent society. Sure, sure. With that being the case, you look at the potentials here. I was just looking at a tweet from Peter Schiff, obviously a big gold bug, Moody's lowered its rating, obviously, yes. Risks have been obvious for years on a treasury, it should be rated junk. If you hold them to maturity, guaranteed to lose, and the reason I want to show this is when you look at whether it's 10 -year treasuries or you look at something like gold or Bitcoin, obviously we've seen both of these assets in comparison to the S &P do very well this year. We're also getting ready to go into 2024, there's a lot of things happening in the blockchain industry and within the crypto markets that is probably going to shift around a little bit. You've also got a lot of technology that's been building over time. When you look at the markets like that and you see what people are expecting out of the S &P by the end of the year and through the first of next year, which people are, some analysts, anticipating an uptrend, what is your thought around the market condition right now? Do you feel like we've hit the bottom or is this something that we may see some more pain? Can we just go back to Peter Schiff for a second? Just for a moment. Peter Schiff, I know him well, he's been on my show many times. How many times is he going to be wrong with people just still believing him and wanting to believe him? I've known him for 15 years and it's been the same discussion over and over. The dollar is going to zero, the same thing. And why? He's talking his book. It's a good spiel and he has not been able to pivot off of that. Every once in a while, it looks like he's a flash of genius, right, that this is going to be. And it does make sense, by the way. What he says makes total sense. We haven't broken yet. We haven't broken anything yet. The Fed has been trying to tighten.
The Bitboy Crypto Podcast
A highlight from ATB: Did Blackrock File XRP ETF(HUGE Volatility)
"Charles wants Hoskinson to create a settlement future and system for Kraken. Will Jesse Powell take the bait? This is Around the Blockchain. Hey, thank you for joining, everybody. Make sure you go ahead and hit that like button because we got three phenomenal guests on today. We got Thinkin Crypto holding it down. Thinkin, Tony, how are you doing today? I'm doing great. It's great to be on. Oh, it's always a great day. Also, it's a great day for Moon and Papa. Moon and Papa, we just had the full Moon. Do you get extra powers during the full Moon? No comment. No comment. Hey, you know, was that you in that Thriller video? Also on today, live from the White House, he's taking Commander's spot. It is Patrick. Patrick, how are you doing today? I'm doing great. I'm happy to be here. I am, in fact, part of the ops now live from the White House, like you said, so we'll see if I can't spill the beans on some stuff. And when I said taking the Commander's spot, I meant the dog commander, not, of course, the CIF. But everybody, let's talk about Solana first. Grayscale's Solana, we have a huge premium, everybody. Some are saying this is front running the pump here, but it exploded to $202 for Grayscale Solana Trust. This is what you can buy on exchanges. If you are a Wall Street investor, you're probably not going to use Kraken or Coinbase. You're going to want to use a entity like Grayscale. Well, each of these shares has a little bit of Cardano within it, about 0 .3 or so. Well, this price is way, way higher, everybody. It looks like we're trading at a very high premium at 869 % premium. So when you do the share, and what that is trading relative to Solana's price, almost a 900 % premium people are paying here. At the time of trading, we're also seeing low prices and high premiums for Grayscale's Chainlink Trust. The Chainlink Trust, a 250 % premium. BioCoin, 900 % premium, close to Solana's premium there. But meanwhile, Solana, still down 80 % from the all -time highs. Now, thinking crypto, I want to ask you, you know, these Wall Street traders, I thought they were smarter than us. I thought they knew how to out -trade us. Then why are they paying a 900 % premium if they're so smart? Man, maybe they know something we don't, and that is maybe that Altcoins will continue to move up with Bitcoin. I think Bitcoin still has a leg up, and we know the liquidity flows from Bitcoin after it hits its overbought scenario, and then the alts pop off. Obviously, Solana and Chainlink have been pumping, so I think they know something. They know, you know, these VCs have been pumping Solana, and I think they see a higher upside, but that premium is, you know, ridiculous.
Crypto Banter
A highlight from The Best Altcoins To Buy This Week! (Act Fast)
"This may not be the optimal market to start DCAing into coins for long -term holds, but right now is the optimal time for trading with a lot of amazing trade setups presenting themselves every single week. So in today's video, I'm going to run through the 14, yes, 14 trade setups, all of which are long setups this week, because you know what happens when you try to fight the trend, you get wrecked. This is a market where as long as the uptrend lasts, is your friend until the end of the trend. And that means we long more than we short. So today I have 14 long setups I want to discuss with you. Most of the setups are a little bit shorter term, like mostly focused on this week, but a couple are a little bit longer term, I would say like in the three to four month range. Not focusing on super long term trades here, but still definitely going to have some alpha for you in today's video as to what altcoins I think could be part of a rotation. As we're seeing right now, basically narratives hop from narrative to narrative as traders seem to be rotating profits into different sectors. And we're going to discuss where I think that rotation could take us. 14 very different altcoins in today's show. We're going to cover a couple narratives like gaming, like ZK, and hopefully you enjoy. Smash the like button if you are enjoying the content at the moment. Let's just start with Bitcoin. An interesting observation to make on Bitcoin is that the last time it had four consecutive weekly candles in a row to the upside, as you can see, like we have currently gotten, it actually did this in early January and ended up reversing for two weeks before continuing an uptrend. So I mean, just because it happened once doesn't mean we're necessarily going to get like a sustained pullback now. But I think what needs to happen and what the market is already starting to show us with weekly open here is that Bitcoin needs a little bit of a cooldown. Now a cooldown is not bad for altcoins. A cooldown, if Bitcoin just moves sideways, maybe a little bit down is actually good for altcoins because it gives the alt some breathing room. It takes the wind out of Bitcoin sales a little bit and gives the alt some room to run. So what I want to see longer term is definitely a sustained increase in Bitcoin dominance that shows liquidity is flowing into Bitcoin. And then eventually I want to see that siphon off into the alts. So I actually want to see dominance pushing up to 60 % for a really healthy market. So altcoins can have a sustained run. But for now, if Bitcoin just cools and alts run a little bit, that's okay for now. Another interesting thing to note is that Bloomberg analysts still expect a 90 % chance of a Bitcoin spot ETF approval by the 10th of January. At the moment, the SEC has another five days to approve an ETF. If they don't approve it, then they're going to have to delay until January. So we could see an approval this week. I don't think this will be the case, but it is a possibility given the fact this week we are in an approval window. So definitely look for some volatility on Bitcoin. All right, let's get into the official list of altcoins that I'm looking at my weekly watch list. By the way, this is a show that I've been doing pretty much every week, but obviously now there's extra attention on the show because we're finally getting some market movers. If you looked at my watch list last week, basically I think six out of the seven tokens that I listed all ended up in profits. We had some amazing trades from that watch list. So congratulations to everyone that got involved there. Hopefully from this week's watch list, similarly, we have some good trades that come out of this one as well. The first place I want to start is ThorChain. What you need to understand about ThorChain is that it's the ultimate bull market token. Because of its reflexive mechanism, the more capital that goes into Roon, basically the better the yields end up being because they need to incentivize LPs to stake tokens in the pools to balance out the Roon LP because Roon is pumped in price, right? So when you have a higher APR, a lot of people ape into Roon, increasing the TVL. We can see the TVL is skyrocketing at the moment, as you can see here. And what that means is that Roon has this really explosive effect, this compounding effect, this flywheel when the market starts to deposit into Roon. So Roon is actually pretty much the ultimate bull market token. In a bear market, it's the opposite. It's one of the worst tokens because it gets hit really hard the other way. When the Roon price is going down, the yields tank. A lot of people exit the ecosystem because remember, to facilitate omni -chain swaps, what Roon does is it basically has LPs where you're required to hold an asset one to one with Roon. So if you want to swap from, let's say, Ethereum to Bitcoin, you're going to need in the omni -pool your Roon pairing with Ethereum and Bitcoin in order to facilitate that swap. So that's why in a bull market it does really well and in a bear market it does really bad. Because we're in a bull trend at the moment, Roon is clearly performing really well. It's one of the strongest performers in the market at the moment. And for that reason, if we do see a pullback like we're seeing right now, this is one that I'll look to ladder into on continuation. As I mentioned at the start of the video, this is really a traders market and it's a market where you probably want to be longing more than you are shorting. And when we're longing more than we're shorting, we want to look at the strongest coins. There are a few rotational players that I want to talk about but you generally want to look at the strongest coins and on any major pullbacks you can use them as dip buying opportunities, not for spot but for trades only. So depending on your risk tolerance, you can use different amounts of leverage. Some people, if you have more capital, you'll prefer spot trading. For me, I actually do a fair bit of spot trading so I might go in with a bigger position or a low leverage position because I don't want to get wicked out like we saw on the 10th of November. But here are some levels that you can look at to enter Roon on the pullback. The major level I'm looking at is this cross section here between the horizontal and the upwards diagonal trend which comes at around $4. If Roon somehow makes its way back down there, I don't think it will. This would be an amazing zone to do some buying. If not, then you do have this zone right here at the 4 .7 area that could be an interesting look as a small ladder in zone. You could probably ladder in here and then your last gasp is at $3 .60. If it starts breaking this trend, then that looks really bad that it's just going to reverse all the way back down. I don't think that's going to happen though. I think momentum for Roon has been upwards and as such, we should treat it with respect and it's certainly what I'm looking to have a nibble at if we continue to get any sort of sustained pullback in terms of trading, of course, not long -term. Long -term positions will be on more key high time frame supports. If you want to learn a bit more about that, I actually uploaded a video called If You Miss The Crypto Rally Follows This Exact Roadmap, which talks about long -term investing. So today is the short -term show. Yesterday, if you go onto the channel and go onto my playlist, and there's also a playlist linked in the description, that will give you a roadmap for the spot side of things. In terms of buying spot Roon, you want to be doing so on key support levels on the higher time frames because we don't like to buy long -term positions on the shorter time frames. It just doesn't make or the lower time frames. It just doesn't make any sense, right? 4 swaps an interesting play now starting to wake up as well being the main decks on Roon. This is definitely a 4 beta play or a Roon beta play rather. So 4 is definitely what I'm looking at in a similar gist to what I'm doing with Roon. Any major pullbacks probably going to gobble them up from a trading point of view. And you can also see they closed with an all -time high trading volume right now. A lot of people are actually using Roon to swap, which is an amazing thing and great for the ecosystem. So that's Roon. Now I want to talk about Solana because Solana is in a similar position to Roon in the sense that being one of the most explosive price movers. But it's kind of an interesting spot, right? Because it's come all the way up from what $15 to $53 in price. It actually hit $60 for a brief period of time. Spot holders don't know if they should take profits here. Traders don't know if they should be longing here. It's kind of in a weird position. But if we look at Sol, we can see that it broke above the key weekly resistance at the $48 level. So for me, a pullback into this zone similar to a buying opportunity, because I think what tends to happen with these coins is the most explosive move happens last. We haven't, I don't think seen that blow off top yet. And I may be wrong, this $65 zone could have been this blow off top. But I still have a feeling that we get that final thrust from Solana that just squeezes all those shorts that are now starting to pile up a little bit. And that will be your final blow off top for Solana. So because I think there's a tiny bit of juice left in the lemon here, I would be looking at any major pullback similarly to Rune continuing to ladder in until the trend reverses. Happy to kind of lose a bit of money trying to play this game considering that the upside is fairly immense in my opinion, if you can hit that trade. So Solana is one that I'd be interested in longing on a major pullback. You know the key level on the weekly. Obviously, you want to confirm that with lower timeframe trade setups because you have a fantastic level to look at. And on let's say the one hourly, the four hourly, that's when you'd actually be entering. Okay, let's move on to a new subset of tokens. These are the tokens that haven't moved. I know Rune and Solana have moved aggressively and we are playing the by the dip game, I guess on those ones. But some of the coins I want to talk about now actually haven't really moved. Now they have moved because the whole market's moved, but just not as much like Polygon hasn't done a 5x like Solana has or you know, 6x, 7x like Rune has. It is significantly up of course, but there is a really interesting narrative starting to brew here and that's the ZK narrative. So if you actually remember back to earlier in the year, January, February, some of the strongest performers alongside like AI and LSDs were the ZK coins. There was a lot of ZK hype and Matic being your biggest coin in this ZK basket of coins tends to be a market leader and it also happens to have this big announcement happening on November 14th which is garnering a leader of the ZK sector if ZK starts to wake up. Because right now we're in this rotational market, we saw Solana rotate into Avalanche, we saw that rotate into Phantom, we saw gaming pop off, we're seeing all these narratives pop off, AI popped off last week. I think next, a narrative that hasn't really popped off, but one that did in January is ZK. So Matic's definitely one of them. In terms of trading this, you do have your major support at 76, but what I would be more interested in is a break of the 92 cent level on the four hourly. Any confirmation above this level would be a decent entry in my opinion and you can see this level mapped out on the daily chart as your key resistance that we're currently trying to test at the moment. If we break that level, then suddenly we can look at a scenario that happened earlier in the year in February, as I said during that ZK run, where Matic ran all the way to 150. A 150 Matic in this run is not out of the question at all. In fact, I think it could happen if ZK gains steam. So that's what I'm keeping my eye on. Now let's talk about some of the other ZK protocols, but before we get into that, while we're speaking on the topic of Polygon, if you do want to earn any yield on the Polygon side, you can go to the farming page on SmartX, which is one of our official show partners. It's an AMM, which reduces the negative effects of impermanent loss and sometimes leads to impermanent gain that currently offers some of the most competitive, in fact, the best rates on the Polygon side for yield farming. So you can see in front of you, you've got 30 to 40 % APRs on a variety of pools, which as I said, have a mechanism which reduces impermanent loss, which is obviously one of the biggest headaches when it comes to Lping in crypto. So I highly recommend using the link in the description below to check out SmartX if you are interested in farming, or you can also do swapping on SmartX and get some of the best swap in the market as well. Link in the description below to check out SmartX. I've got some big announcements coming soon that I'm excited to share with you as well, so stay tuned for that. So let's talk about some of the other ZK protocols. So if Matic starts to make a run here, what will I long? Well, I'm going to long the leaders. I'm not going to try and pick the laggards in this sector. I want to pick the strongest coins in this sector. If we look back to the last run, as I mentioned at the start of the year, some of the best performers were Mina Protocol, Loop Ring, Nute and Dusk. So these are the ones I'm looking at because the market's really familiar with them. I think there's a bit of synergy here with that narrative in these coins. So those are some of the ones I'm looking at. But whatever leads in this sector after Polygon, those will be the ones that I'm interested in. And you can see Polygon and Immutable, the two biggest ZK protocols have run, but a lot of the others haven't run yet. So I think it's a narrative that's flying slightly under the radar, but I think it'll catch up quick once it starts to gain steam. So as a rotational play, this is definitely one that I'm interested in this week. Another one I'm interested in, which is already starting to pump, but probably has a little more upside left in it, is Sei Network. Now we know how explosive these career pumps have been in recent times. Pretty much every token that's been listed on Korean exchange a bit has exploded. We saw this earlier in the year with Sui and Aptos. We've recently seen it with Mina Protocol. Now we're on its pair on Upbit. So Sei is definitely one that I'm watching. It's catching a strong career pump. It has moved, but Sei is what I would call a new coin, right? It's a coin that has launched in the bear market. It's newer. It has pumpermentals because there's less underwater bag holders, and it still is down from its original trading price on its first day. Not from IDO price, but from the peak that it hit on its first day because it had a huge pump, ended up coming back down. It did hit its low of, what is it, like 0 .09 here. It's now started to move back up to 0 .15, but that's less than a 2X on a coin that has, as I said, pumpermentals. It's obviously a trading blockchain built in the Cosmos ecosystem. So some interesting stuff with Sei. If you do want an entry here, I mean, you could look to get an initial position, but if you're using leverage, you want to be careful. I mean, this is kind of not really a great place to trade. Obviously on one hourly, you might be able to find, it depends how, like if you're trading breakouts, you could probably look for like a breakout of this trend here. By the time you're watching this video, it might be too late. So the best I can do for you is actually looking on the four hourly and showing you these key support levels. The 0 .1344 level, if we do get some sort of confluence with the horizontal and diagonal trend here, this would be a great pocket to buy in. But any zone along this major support zone will be an area that I load up, but it does depend on your trading strategy. If you are a high leverage trader, you want to be a lot more precise. Me, I'll either go in this with spot or super low leverage. So I'm not so concerned about getting the exact entry. I'm just trying to really catch it for the uptrend. So depends how you trade, of course, if you're trying to snipe that entry, got to be a lot more careful. For me, a much lower leverage than your average person because I found that's what works for me because I don't have time just personally to sit in front of my computer all day and snipe entries. That's not me. I much more size. So let's say instead of taking a 2k position, I'll take let's say a 10k or a 15k spot position. And then I can't get wrecked on margin, which has been helping me a lot. Or I'll just go in with like a 3x leverage position. So it would take a lot to shake me out of a trade. So that is one I'm looking at. Similarly to say another coin that has pumpamentals and has shown this in recent times as another new coin is Celestia. Remember guys, the new coins can pump so much harder than all coins in the market. That's why I've been saying for a long time, you should definitely keep your eye on the new coins from both accumulation and a trading perspective. Celestia, by the way, is one if you've been following me on Twitter that you may have gotten an airdrop for because I did an airdrop guide last year and I included Celestia and this could end up being one of the most lucrative airdrops of the year. Congrats to anyone that watched that guide or watch my tweet and got involved because right now if you held your Celestia bag, you'd won to $2 ,000 but for some people it could be a lot more if you use multiple wallets. So I think this one is fantastic and there's a few people that have been coming out and saying that it's this cycle's soul. Smartestmoney .eth, it's an account I respect. The number one coin m p &l trader on Binance, that's pretty crazy, that is very crazy actually, has added spot to a massive seed position quote unquote and basically said watch and learn wannabes. These guys out here buying salt while I'm buying the next Solana. Big call but I mean the market cap is reasonably valued 700 mil okay five bill fdvs a lot but we know in the short term the circulating supply definitely goes to dictate how explosive the price moves can be market cap 700 mils reasonable at rank 71 calling it the next soul I don't know I like this one I like it as a spot play but not maybe after this massive pump in terms of a trade though super interesting now actually on support trend you'll notice a lot of coins are following the same trend they have a diagonal up trend as long as they stick to that trend you long if they start to break down below you've got to be a little bit wary but they've also got these horizontal support levels that they make after their retracements so this is actually a good one too long there's a couple of levels here for you to look out for on the one hourly on Celestia so that's an interesting one and let's move into some of the final narratives here I've got two more to share with you and both of these include a variety of alt coins so the first one is perpetuals I think if this volatility is to remain in the market we could definitely see perpetuals performing well we're starting to see a catch up in terms of price and fundamentals despite that not being the case a couple of weeks ago and if you see in front of you volume is performing really well this is purpose trading season this is an on -chain aping season this is the season where people are trading perps I think the centralized exchanges are doing the best that's where most people are trading but I think decks could catch up and for this reason as well as the fact that I think volatility could remain for the foreseeable future I think the perp decks remain super interesting looks at the moment not for short -term trades this week but over let's say the medium term so two to three months maybe even six months so these are definitely ones I've got my eye on dydx I'm going to do a video on this week that's a very interesting trade GMX and gains network being the ones that are kind of your decks perp decks proxies and a few others and as you can see on the weekly a lot of these are barely moved so especially like GMX and games they're a very interesting look in my opinion and if you do want to snipe better entries on a coin like GMX I recommend you use Kyber AI which is a software that basically tells you the momentum of a coin based on a variety of on -chain indicators like the number and types of trades trading volume net flow to whale wallets and what I would do on a coin like GMX is essentially if you're lining up a buy and let's say you want to start buying when shifts momentum what I would look for is a pattern like this where it shifts from bearish into bullish territory now since this video is not live you're gonna have to open your up your own Kyber AI using the link in the description below to see where it currently is but right now this would actually be potentially an interesting place to long GMX if on the lower time frames it lines up with what the Kyber score is showing which is basically bearish price momentum shown by a strong reversal so heading back into bullish territory as you can see buys are now starting to outpace cells and volume is also up ticking across GMX all of those are metrics that go into the Kyber score Kyber score is one of my favorite metrics in crypto if you go to rankings you can actually sort by market cap I love doing this so I go more than 500 million for the large caps that you can actually trade perps on and you can see which coins are looking the most bullish this can help you get entries in the market especially in a bullish market like this searching for the bullish coins can be an amazing way especially using on -chain analysis to get better trading entries so link in the description to check out Kyber AI it's an extremely useful tool especially for confluence with getting trading entries and crypto bad to subscribers will get early access versus the rest of the pack so link in the description below of course it's free so not showing you anything paid it is a free service to use the last narrative I want to talk about quickly is one I think people are forgetting about it has had a bit of a pullback um but it's the gaming narrative into YGG the reason I say people are forgetting people aren't forgetting about gaming there's a lot of talk about crypto gaming on twitter but I think they're forgetting about one of the biggest gaming conferences in five days time starting on November 18th it lasts for a week there definitely could be some I mean a lot of the major projects are speaking there so there could be some interesting announcements and even if not I think there's bound to be hype into that conference so for that reason definitely keep your eye on the gaming projects there's two in particular that I like YGG because it's their conference and this is now having a pullback into a decent zone in my opinion and also GMT which on the weekly and I know once again you don't enter short -term trades on the weekly but on the weekly if it can pull back down into this pocket at 0 .22 and confirm this is support and if you line that up with your lower time frame indicators of course that could be a decent zone also to enter a GMT trade so gaming is something I'm not going to fade the bees are kind of going from one narrative to another but gaming is one that I've got my eye on ahead of the conference so I hope you enjoyed this video these are all the narratives I'm looking at right now mostly short -term some medium to long -term hope you enjoyed this was fast it was alpha packed let me know in the comments below if there are any other coins I should look at and I'll see you in the next one. Peace out.
Tech Path Crypto
A highlight from Avalanche Skyrockets Gaming Bull Run Begins
"All right, today we're going to dive into some blockchain game wars that I think you guys are going to want to listen to. We're going to be breaking down a lot of projects and also giving you some insights as to where maybe some of these game companies are going to be going. It's going to be a good one. My name is Paul Baron. Welcome back to the Tech Path. All right, let's get started. I do want to thank our sponsor today, and that is Tangem. If you are looking at a self -custody wallet, which you probably are, maybe jumping into crypto for your first time and you're thinking, I want to park some of my crypto off of exchanges. This is one of the tools that you can do it. All you have to go and do is go over to tangem .com. You can jump right into one of their cards. One of the things you're going to like here is the flexibility of both the card and the app versus using a hardware wallet. You know what I'm talking about. It's very simple. You get a three -card set, keep one with you, park the other two, hide them up, and then use it anytime you need to do a transaction right there on your phone, both iOS and Android. Make sure and check it out. You get an initial discount by just using our code, so we'll leave one down below. Make sure and check it out. It helps out. Now, I know everybody was kind of dogging us a little bit about my statement last week, a reference to the situation around Alluvium and them being on Avalanche. I just want to kind of clarify, there's a lot of research that comes, of course, across our desk here, and some of it is through things that we just are constantly perusing. One of the things that really kind of caught our eye was what was happening over on BeamHub. And BeamHub right here, as you can see, and our team tells me that this used to say coming soon, even though it says popular Alluvium Arena. And so the theory is that maybe there's going to be some action here of Alluvium on Avalanche at some time. So that's just, I just want to get that out there, kind of get it away because I know everybody was kind of freaking out about that earlier. I want to get into a couple of tweets. We'll kind of start right here, Coinbase Exchange, adding support for Solana and Avalanche Perpetual Futures. This course is in the international exchange. Now why is this? It's very simple. Both Solana and Avix, very active in the gaming ecosystem and the likelihood of moving and seeing a lot of growth, I think, in the coming months and years for blockchain gaming and Web3. Overall, this is a good move by Coinbase for sure, and I think eventually we may see some stuff like that here in the US, but right now we've got to deal with what we've got to deal with. And of course, that's just getting Coinbase past their lawsuit with the SEC. If you have not checked out our full playlist on Avalanche, go check it out. It's going to give you a full rundown of a lot of the projects, some of the games, some of the SocialFi experiences, all sorts of things that we've covered over the months and years with the Avalanche team, many of their devs, all that, executives, et cetera. Check it out. You guys will like it. It's a good playlist to get kind of indoctrinated into understanding what's happening in gaming, and why Avalanche is going to probably be one of the top ones out there. So why are so many crypto games are switching chains or calling it quits? And there's some reasons here. I want to kind of highlight a couple of points here. Let me kind of zoom out on this. There's a few things that I want to focus in on. 81 % of current blockchain games use non -gaming -focused layer 1s, so that's one reason. Early on, they're going to have to move into some of these layer 2s. 74 % of games are now choosing an EVM network, like Solana's virtual machine. Comes in a distant second, making up about 10 % of games, and this is in comparison to what's happening over on Ethereum and Polygon. ETH sidechain Polygon remains a top choice. You can kind of see the chart right here. And the number, Solana looks like they're number four, ETH number three, and obviously BNB and Polygon pretty much holding the top two spots, so something to be aware of. 65 of % blockchain games move networks, so this year, up from 48 games switching things up across all of 22. So a little bit of activity. Could be something happening there, I think, on the sense of urgency, meaning that people are probably realizing, okay, we've been building, we're at that time now where the market is going to start heating up, we need to be ready, and we need to be on the blockchain that we're going to be on. So I would agree that it's a good strategy move. 60 % of games that left a layer one network moved to a layer two scaling network. This is all based on fees. It's the situation that really kind of boils down to everything. As more people have migrated to Polygon, this is one of the developers, we just started to run into scaling issues with Polychain, and we're paying between $3K and $4K a day on gas. Just untenable, so this is preventing us from both scaling and the game. So that's a problem I think eventually will be solved with some advancements in Polygon tech that will eventually get that into a scalable solution for the growth that we're going to see around gaming in general. Also want to take a look quickly, just so you guys are aware, Polygon soared last week after IMAX Immutable, a Web3 gaming platform, shook hands with video game giant Ubisoft. So similarly, Solana has also been favored by institutional investors recently, getting some attention of top crypto whales, which I think both those tokens in general, but more importantly, the vision of what these tokens represent. That's the thing that I think a lot of people are going to continue to see happening for sure. So, very interesting, I'd love to get your feedback. When you look at all the chains, whether it's what's happening, or within the ecosystems, if you're looking at IMAX or you look at Immutable, you look at what's happening within Solana or even Polygon, maybe Avalanche. Is it something that you would focus in one particular area or games within one particular area? Let me know, drop some comments down below. Make sure and smash the like button is one of the ways that we understand what you guys really want here on the show. One other thing, I want to kind of go into a few tweets, this of course coming in from Sandeep over at Polygon. It's easy to price talk, this is obviously with the price changing and moving so quickly over the last few days. It's hard to discuss fundamentals, fundamentals have the last laughs, I always agree with that. And I think this is something also, hopefully we're supposed to get Sandeep on the show. He's been scheduled a couple of times, we're going to try to get him on the show, hopefully before year end to give you guys kind of an update of what's happening at Polygon. Here's Robbie Ferguson from Immutable. Are you getting it, Hanon? I don't know if that's a message or not. We'll see. Anyway, Assassin's Creed, Maker Ubisoft is building a crypto gaming experience with Immutable. And I think this is something that we're going to continue to see a lot of major partnerships really make their way into some of these projects that I think are good for the industry, but more importantly are good for this cycle. And what I mean by that is, and everybody always asks me, you know, what's going to be the big winners this time around? I totally believe that it is going to be gaming. We thought gaming was going to be the last bull run metaverse kind of play. Many of these projects just were not ready. Many of these, you know, blockchains weren't ready. Now it's a different story. And when you think about that, look at what is happening with Avalanche. Why are AAA game studios choosing Avalanche? They're on a full PR run right here, and you can kind of see some of the things that you have to kind of focus in on with Avalanche. Shrapnel, Gunzilla, build on Beam, we've been talking about that. Again, Beam, definitely one that I'm watching very closely just in reference to the token itself. Obviously Shrapnel, we've had Shrapnel team on our show. Great graphics. Gunzilla, just the ability for them to be able to kind of leverage both traditional and Web3 I think is going to be a pretty big deal. Now let's remember some guys in the moves that you guys will probably recognize. This of course is Ryan White. And Ryan was over at Polygon, and now he's moved over to Optimism. So I knew he wouldn't stay out of the business long. And the interesting thing since Optimism, this is just something that you have to look at, if you look at Optimism in general, a little bit of activity here, this is just on the price. Market cap right here as you can kind of see it exploding a little bit, 1 .6 billion currently. And if you look at the Explorer token unlocks, there are some things getting ready to unlock in a big way here. So I don't know, could be some action going on here. So I would just be very aware of that. If you are looking at or really analyzing Optimism OP as a whole, just something to be aware of. There's getting ready to be a pretty significant unlock. What does that mean? It means that we're going to see a dump. For some of you guys who have not seen or been around the crypto markets very long, if you haven't subscribed to the channel, eventually you'll start to get and understand kind of the vernacular that we use and what the industry use, follow crypto Twitter religiously and make sure and follow the projects themselves. Because a lot of times there's a lot within the projects and the devs within those projects that can be looked at that can kind of set you on a research role that I think you'll pay attention to. A good example, a tweet from Alexander from Scott Mavis, Axie Infinity, if you guys are, maybe you have been around crypto gaming for a while, you know Axie, but if you haven't read up on it, learn a little bit more about what Axie did because they were really one of the first ones out there. Now what he's talking about here was in reference to a show we did last week where we released a PBN exclusive and that was Roblox talking about introducing NFTs into Roblox. This was actually the piece that Alexander is talking to specifically. It was an interview with Squawkbox and the CEO of Roblox and it was all about the potential for NFTs. Short answer, yes they're going to be planning, it's coming into their roadmap and I think that was what Alexander of course is kind of referencing is that hey they've been involved with Roblox often and of course they've got investments from them and plans for Ronan and Axie and all that starting to play together. Point being is that there's a lot of intersection between what's happening in traditional gaming, Web 2, and what is getting ready to happen in Web 3, which is why everybody needs to be paying attention. This is a good example right here, Gala Games putting out a simple tweet, never short on Web 3. You'll notice this little icon right here guys, does anybody recognize that? I'm going to zoom in on that just for you guys a little bit. Right there, does anybody recognize that? Yeah, well that's IMX because they bought the hashtag and now every time that's being used, kudos to Robbie, you just punked everybody on crypto Twitter for sure. Interesting stuff out there. Games are being played in many ways right now and it's more than the kind of blockchain games that we're thinking about coming our way. Alright rolling out another topic, of course many of you guys have probably heard us talk about Zilliqa way back in the day. Well they're active again and guess what, they're making the Fusion Gaming Hub, the first ever Web 3 gaming platform available for download through the Microsoft Store. It's real guys, there's a Web 3 platform called Fusion, right there Fusion, on the Microsoft Store and you'll kind of get here Web 3, some of the things that are happening there. I don't know, I'm just, we'll see. But the point is, is that someone's going to be first and of course this is interesting that this was the case. Alright further into it, let's go over here, Chili's on the move again, likely to be on the move for some time with this move right here, announcing that Animoca Brands joins Chili. Chili's as a new validator, so they aligned the blockchain innovation with Chili's Sportfi, we've talked to Chili's before, we've went around Chili's and if you don't know about Chili's check out some of our videos because we do a full breakdown. Think of it really as a blockchain for the fans of a lot of these major sports leagues and this could be everything from MMA to soccer, etc, you know, European football for those of you in Europe. And then another one I want to hit on of course, this is Yat -Su right there, starting to rev up the engines with of course Torque. We had the Torque, well rev on their team on, so we were dropping a video this week, you guys are going to not want to miss it, make sure and check it out, this is just giving you kind of a precursor. Another thing that we've got coming is an interview with the HiveMapper team and if you guys don't know about HiveMapper, this is the company that is really expanding mapping in the blockchain and what that might mean for every kind of company out there in logistics, all that. This is the utility scenario that plays into a lot of that. So just, it's a good one to watch, we're going to drop a video on that this week as well. Alright, just as an example, this of course as everybody understands, Atlas was one of the first movers out and of course that as we've seen with in terms of their amazing development as a game overall. Others to watch this week, Uniswap we're kind of keeping a close eye on, if you're watching some of our videos you'll know why, go back and look at our video a little bit more on stablecoins tokenization and around that. Other ones to keep an eye on, I want to kind of scan down in here, this is Chiliz, this is the one that we just mentioned a second ago. This is another one to keep an eye on and a handful of others, there's obviously Wild, we've talked about Wilderworld before, over, a couple others you might want to take a look at. Anyway, the point is that we're starting to see a little bit of activity in Web3 around a lot of these games and eventual platforms of what's gonna play into the future of gaming as a whole. Alright, if you guys are not part of the Diamond Circle, make sure and get in right now, it's one of the best places that you can get additional alpha from us. Couple of podcasts, Kyle has his Web3 and business podcast over there, it's a great one, listen to that one. And if you want to follow me out there on X, it's at Paul Baron, catch you next time right here on Tech Path.
Tech Path Crypto
A highlight from Ethereum Bull-Run Begins | Gaming Tokens Explode
"All right is the ETH bull run beginning? A lot of things are starting to shape up in the markets. Today we're gonna break down a lot of different scenarios that are kind of aligning at the same time and it might be in a position for an Ethereum ETF and many more things to come. My name is Paul Baron. Welcome back into Tech Path. All right let's get started. Before we go I do want to thank Tanjum. If you guys are looking at self -custody this is the self -custody wallet you want to get. And there's a couple of things you can do. First of all it's a card. It works in conjunction with a really slick app and it's one of the best self -custody solutions out there and right now if you're not in self -custody from your exchanges you should be starting. I know this is going to be getting heated up here so there's gonna be a lot of activity right now so just remember be cautious always within the exchanges. Get your into crypto self -custody. You can do a couple of things here with the Tanjum wallet. You can get a three card set which is the way I recommend for your secure wallet. This will give you three additional cards or two additional cards. One you can carry with you, stash the other two and that in itself gives you a great set of backups and it's not that much more expensive. These are very inexpensive really if you think about that compared to some of the hardware devices. So check it out. Use our code down below it's gonna give you an additional 10 % off. Alright let's go to a first tweet here. This is James Saffert. Update BlackRock Ethereum ETF confirmed. They just submitted a 19 B filing so it is for sure going to happen. BlackRock is in the ETF game for Ethereum. How does this play out? Now there's a couple of things that could be very intriguing with an ETF for Ethereum. First of all this is something we've talked about here on the show is of course the yield opportunity with Ethereum that resides inside an ETF. What that might look like for asset managers. There's also aspects around this that could be much more much more intricate especially because Ethereum has so much opportunity here as both a payment platform but used in games. All sorts of things that really kind of explode the ecosystem of Ethereum. Here's 21 shares and remember this is the marketing bonanza that is beginning to I think take place over this next 18 to 24 months. We are gonna see an absolute blitzkrieg of marketing coming at a lot of new investors and people out there that are really starting to maybe experiment with both Bitcoin, Ethereum and altcoins coming very soon. 21 shares of course right there's another fund that they're marketing and of course don't forget right here is VanEck and VanEck is kind of going a little bit we've had the VanEck team on before they're going a little bit heavier in the ETH route so this was one of the ads that VanEck is running and again this gets back into just awareness and it's the thing that we've talked about on the show a lot and that is there is going to be a marketing bonanza here for a lot of these funds to try to get these ETH and Bitcoin ETFs on the move. Now you could look at this in a couple of ways there's a couple of things that are happening on Ethereum right now but if you think about the potential here this is Udi Wertheimer and pretty much kind of the Udi is if you don't know who he is follow him on Twitter but pretty much the I'll call him the father of ordinals but the idea he had right here was interesting and that is imagine this the smell if if an SEC clerk accidentally approves the ETF before a Bitcoin ETF. Now you know that Gensler is if he does and when I think will approve a Bitcoin ETF could it also be now that BlackRock has the filing in place could it also be a scenario where we get an ETH ETF maybe at the same time remember this week when we had Jeff Sanford on from Bloomberg he was saying May of next year as an ETH ETF to be able to ride on right on the heels pretty much of January to get bitcoins ETF in play that would be something right there.
Crypto Banter
A highlight from If You Missed The Crypto Rally, Follow This EXACT Roadmap!
"If you're feeling lost or underexposed after the recent crypto rally, then you've come to the perfect video. Because today, I'm going to be outlining my roadmap for crypto riches in the next bull run, running you through the five steps that you can follow to build the ultimate bull market portfolio. Yes, you haven't exactly timed the bottom correctly if you're watching this video and you don't have all your entries, but no, you haven't missed out on the opportunity to capitalise next bull run, as I believe this market in the right conditions can go much, much higher. And we can see if we look at the YouTube views, which is pretty much the ultimate retail indicator, retail is still hardly back yet, Bitcoin is sitting above $37 ,000. So the amount of potential this market has to grow once retail comes back in leads me to believe there are still massive opportunities. So there's no need to panic, no need to FOMO if you haven't got your entries yet. But what you must do is come up with a sound accumulation plan to make sure that you're building your portfolio in the right way for the bull run. And that's exactly what I'm going to run you through. In today's video, there are many ways to make money in this market, you can scalp you can day trade, you can swing trade, you can airdrop farm. But in today's show, I'm going to be focusing on the investing side of things, the slightly more passive side things that doesn't require you to pick it up as a full time skill. Yes, it's going to take some active portfolio management, if you really want to build a successful portfolio, but it's not as time intensive as some of the other strategies that you might be following in the market today is purely focused on the long term investment side of things, how you can build an underlying portfolio to keep yourself steady and maximize upside for the next bull run, whilst also building a nice foundation for if you do want to trade and if you want to do anything additional that you can stack on top, I believe this strategy is complimentary to trading strategies in the market. So it's not a one or the other thing. But it is about setting up some nice foundations. So in light of that, where do we currently sit? Well, although the altcoin market has had a pretty big pump and Bitcoin has had a big pump, I believe we're still in an accumulation phase. Technically, we are still in the year pre halving. And typical Bitcoin bull run peaks don't tend to happen until the year after the Bitcoin halving, which would be 2025, late 2024, when things really start to pick up. Of course, every cycle is going to be a bit different. Maybe we are seeing things shift a little earlier, maybe not, maybe it shifts later, we can't time it exactly. But what we do know is generally, we are in an accumulation phase. So the goal of an accumulation phase is to stack as much crypto as possible via any means possible. The way you do this is obviously where all the nuance is. And this is where you're going to exhibit the difference between the 2x return next cycle and a 20x return next cycle. I think if you stick to the principles in today's video, there's a good chance that you can be aiming for that 10 to 20x portfolio value next cycle versus many people who are just simply going to ride it all the way up and then end up round tripping it all the way back down. Because accumulating through any means possible doesn't mean just accumulating after every pump. There's actually a strategy that I want you to follow in order to get better entries on altcoins. And that's what we're going to talk about now. So the first thing that you need to do if you want to build a successful portfolio is create a watch list. It sounds so simple, but it's something people often get wrong. They see these new coins cropping up on Twitter, they get tempted to ape in, when in reality, you should have a really organized for system having your watch list. So before you even think about buying, make sure you have a clear watch list identified. And this process can take months, this process can take years. But what happens is as you research, as you watch more videos, as you experience new things, as you learn things, you gradually refine your watch list, you get rid of coins that maybe aren't performing so well, and you add coins that you find out about that you're bullish on, and eventually you end up curating a really nice watch list. So the easiest method to start with when it comes to building a watch list, this is even before we get into any of the buying stuff, is to start with the individual sectors or narratives. So what I would do is I would pick two to three verticals you're most bullish on and start your research there. Niche down into two sectors that you really, really believe in. Some of the examples of the sectors that I find interesting are in front of you. I think AI is interesting, real world assets, gaming, ZK, LSDs, DEXs, SocialFi, NFTs, pick maybe two, three of these sectors and really start narrowing in on those sectors. I really like to build my portfolio around these major sectors because I believe crypto doesn't operate in isolation. There are many growth verticals which are going to help crypto achieve massive option, and there are certain growth verticals out of those that are going to end up outperforming. And the ones that I specifically like, I do want to concentrate a bit more of my portfolio allocation towards those narratives. For example, if you're really into crypto gaming, this could be a logical place to start research the gaming space and start positioning yourself there before you start creating a watch list for some of the other sectors. But of course, over time you'll build out a fully fleshed out watch list around all of your favourite narratives. So what I would do to build a watch list, I wouldn't do it in Apple Notes, although you can, I would do it in Trading View because Trading View has this amazing yet very simple feature which allows you to build individual watch lists. I would make a list called buy list or accumulation list. And what I would do is whenever I find a coin that I am interested in buying, or I know I want to buy a coin, I would just add it to my buy list because this will be your list that you know that you can look at every single day in order to monitor those coins and also get your entries on those coins. So having it all condensed in one place on Trading View is really handy. And what you can do is you can sort by colour in one of two ways. You can sort colour based on the narrative. So I can make let's say any AI project orange and any L2 green. Or you can also do it in terms of market cap, have like, you know, red for your large caps, green for your small caps, however you want to colour code it, you can do that to make it easier for you. So then you can go into your red list and your blue list etc. And actually sort by major caps, small caps, mid caps. So organisation is really key here in terms of making sure your watch is super organised because it's going to make it easier for you to actually keep track of this journey. I think most I know it sounds so simple, but most people don't do this. Most people don't have an organised watchlist or an organised spreadsheet. And this is the first step to successful investing, right? If your mind's not organised, how can you expect your portfolio to be organised? I mean, it's just so important. If you do want to fully maximise your portfolio management, because it's not just buying, that's the trick here. It's managing, it's awaiting allocations, etc. So it all starts with having good setups. So in order to do this, we'll head into step number two now. And that's creating a journal in Excel. So after you've got your watchlist into trading view, this is when you want to go a little bit deeper, because the trading view watchlist is the coins you want to buy. But on Excel, you start to enter some logic. So I'll give you an example of how I would do it. I would list all the coins I'm interested in buying. This is a sample portfolio. Then I would have a column which says my thesis, time horizon and invalidation and risks. So for example, for Ethereum, I've written down my thesis, which is it has a diverse ecosystem. It has first mover advantage versus other L1s. It has institutional interest, which is set to ramp up. And it has proven staying power within the industry. I've put my time horizon at five plus years because I view it as an extremely long term bet. Now, obviously, taking profits can happen at any time in between this period. But it's important to have a time horizon established because certain investments will be more trade based and certain investments will be more long term. And I would also put my invalidation slash risk. So for Ethereum, I've said the major risks are it can lose market share to other L1s like Solana, for example. It could have technical risks if there are any major upgrades gone wrong, because I know they're doing a lot of network upgrades. And another risk could be the invalidation of one of my main key thesis points, which is institutions are piling into Ethereum. Maybe they don't choose to or they opt for other coins or Bitcoin, etc. And this would be an invalidation. So I would go through my entire portfolio and I would enter in the thesis for each coin, time horizon and invalidation. Why? Because at any given moment, you're going to be able to go back and say, why did I buy Injective? Oh, it's because this is my thesis. Why did I buy Ethereum? Oh, it's because this is my thesis. And then before you panic sell to rotate into a new hot coin on crypto Twitter, you can actually go back to your thesis and look, okay, am I still bullish? Are the reasons I was bullish then still the reasons I'm bullish now? And you can answer yes or no. And you can tweak it over time. And this helps remind you why you bought a coin in the first place. Because so often people just buy coins because they're hyped. And then they're like, I actually don't understand what this coin does. Why am I holding this coin? Well, that's something you need to avoid in order to create a successful portfolio. Because if you don't have conviction in a coin, how are you going to hold it through the rough times? And who's to say you're not just going to rotate out of it if you don't believe in it to a hotter coin, a shinier coin, if your coins underperforming, right. So it's very important to have everything documented in an Excel or a Google Sheets or however you want to track it. So you actually it's like a trading journal, right? So you have your thesis clearly outlined for each coin. Another thing you can do to go a step further is actually conduct a SWOT analysis for each coin. This is actually an amazing practice that I highly recommend doing. And it basically means once a coins in your watch your trading view watch list, and once you're starting to populate it into the Excel, actually go fill out a form, it can be done on a on a Google Doc, and you can link that into your original Excel. So I'll show you what I mean, you can create another column here, which says SWOT, and then you can have the Google Doc link entered in here, click on that, it'll open up a new document, or if it's on your desktop, then you can link it to another document on your desktop, which basically means you'll you'll have an individual study, a SWOT analysis study for every single coin that you've actually gone and researched. And this is a great learning experience. Because when you're trying to find the strengths, let's say for Ethereum, the weaknesses, the opportunities, the threats, you're going to come across new ideas and new thought processes. And let's say for Ethereum, you can think of the strengths, you know, the opportunities, you know, some weaknesses, but you can't think of any threats. Well, that's a great gap in your understanding that you can explore and prod further. So you can look for counterpoints, you can look for content, which actually challenges your theory, you can ask people in the space. I mean, we I answer a lot of questions and DMS, etc, on Twitter, but I know Randals and the other hosts do as well. And also other experts in those niches, I think are also super accommodating if you have any interesting questions. So by filling out these sheets, you're going to get a much more detailed analysis on your favorite old coins. And this will help you develop your theses as well. So underrated little trick here is to actually do a SWOT analysis for each coin and link that into your spreadsheet. I'm basically trying to practice here healthy habits when it comes to portfolio building, because I can almost bet 99 % of you probably don't have an Excel that has in -depth theses and plans and invalidations for every single coin you hold. Most of you probably just ape into coins on a centralized exchange or maybe on DEXs and that's completely okay. Nothing wrong with that. But I'm saying if you want to maximize next cycle, it's time to level up. It's time to get serious and it's time to plan because if you don't, you'll be left behind and maybe some of you have the taste of being left behind from the past couple of weeks. I know a lot of people have been asking me, you know, have I missed it? Is it too late? Well, it's not too late, but it is going to be too late soon if you haven't got the right plan in place because things can happen super quick in this market as you've seen. So now for step number three out of the five step roadmap. Now it's time to determine position sizing. And this is the most subjective and nuanced step in this video because obviously how much risk you allocate to a low cap will be different from you to the next person, right? Because I don't know your financial situation. You might have a family you need to support, you can't take much risks. You might be young like me and be willing to, you know, risk it all and you don't really care. If you lose money, you may be super wealthy and you're only playing around with 5 % of your net worth. And if you blow it on crypto, you don't really care. To some people, you might really care about losing money, right? And you might want to be a little more conservative. So it really depends on your situation and your goals. Do you want to hit a million dollars next cycle? Do you want to hit a hundred K? Do you want to hit 10 million? Like, it really depends on your situation. So this is something only you're going to be able to work out. But I'll give you an example of how I would determine position sizing. So on the Excel, I would add a column for percentage portfolio weighting. So this number is going to represent your ideal position size for each coin. I'll show you what I mean. So for example, for Ethereum, I've allocated in the sample portfolio 20%. So $100 ,000 portfolio, that would be $20 ,000. And I've allocated percentages for all the other altcoins based on $100 ,000 portfolio. And you can tweak this number as you wish in order to get the representative figures when you make your own sheets. But what this is going to do is give you an idea of how you actually weight risk. Now, how do you determine how much percentage to allocate to each project? The easiest thing to do is break it down by either sector. So you can go like, let's say 30 % towards L1s, 15 % towards L2s, whatever verticals you're bullish on, as we discussed before, you'll allocate heavier to those. Verticals you're less bullish on, you'll allocate less heavy to them, right? But my preferred method is actually not by sector, depends how your brain works, but I prefer to do it by market cap. So large caps, I might allocate 40 % towards, mid caps, I might allocate 30 % towards, small caps, I might allocate 20 % towards and micro caps, anything under $10 million, I'll allocate 10 % towards. So this is one way that can help you structure it. What you can actually do is you can create a pie chart. So once you've got the size right of all the coins, you can create another column, link that to your allocation percentage, and then make a pie chart and actually see how much of your portfolio is mid caps, large caps, small caps, and micro caps. That's a big tip that I have for you, because that's going to help you get a view of how much risk you're taking with your portfolio. And look, as I said, for some people, your micro caps might be 30%. You just might want to hit the lottery next bull run and make 10 million or make nothing and you decide to do that and go, you know, you want to go 30, 40 % on micro caps, knowing that you could blow it all. But some people might prefer to go, no, I like, you know, I'm happy with the three to four x next cycle. I'm just going all large caps. I'm just going to go Ethereum and Solana and a couple others, and that's it. And, you know, make my maybe three, four, five x, I'm not interested in the 100x stuff. And that's completely fine as well. That's why it completely depends on your personal situation. And step number three is the most subjective one. But hopefully just by writing it down and allocating per sector, this gives you a good idea of how you want to structure your portfolio. And you'll get a pretty good feel once you start to track your portfolio in real time, as to how volatile your portfolio is, you might realize it's too volatile, you might realize you're not getting enough upside. So the beta is not correct on crypto pumps. So you'll actually know over time. And this isn't anything set in stone, you can tweak over time, if you want to go more risk on when the market's more aggressive, you can do that. If you want to less risk on when you want to be more conservative, you can do that. No one says your portfolio has to be set in stone all the time. This is where you allocate to fresh accumulation. So now you've assigned your weightings, it's time to plan your entries. How do you do this? Well, you have a trading view already set up. So this is going to be your number one port of call when it comes to market out levels. What I would do is I would go through that entire trading view by list that you've mapped out. And I would set key horizontal support levels on a high timeframe like the monthly or the weekly. And then I would draw in the levels where I would look to accumulate. So let's use dydx as an example, you can go into the weekly you can mark out clearly range lows a dollar range high was $2 .70. And your next major resistance level is at $4 .20. So your green accumulation zone is your ultimate support by this is your range low support. We may not get there. But this is where you want to put in limit orders, right? Your yellow box, you would have a an alert on trading view set up for when we hit this zone. So you'd create a little alert here, it'll ding on your phone, you can say as your message, you can say dydx buy zone. And what this will do is it will track when we drop back down into that zone. So you can and you can also set a limit order there. And then you have your red box, which is the same thing. So when you break above, you get that alert. When we come back down on confirmation, you can make a buyer. So for the green box, this is something you could have set a passive limit order on an exchange automatically do it, you don't even need to do it yourself. Just let it happen. If it gets back down there. For the orange and the red zones on altcoins, these are more active positions. So use the trading view alert function when you get alerted, then you can make your decision on exactly when you want to DCA. But you probably should stick to your plan once you outline it, right? If you if you make a plan that you want to accumulate on the retest of dydx range high, then when you actually get there to the chat to the point of accumulating, don't flinch, like you actually have to follow through on your plan. So what I would actually do is I would even write in some text here, I would go to settings, I would write in some text, I would say accumulate on retest, if x, y and z, you might have some technical parameters that that you want to like add in, if you're a bit more technical, like, you know, I want to see RSI up on the upswing, I want to make sure there's a four hourly confluence with the retest, whatever, all those technicals that you can kind of stack on top. But it's really good to actually write this down. So on trading view for each coin, you're going to have your levels on the weekly on the monthly, like dogecoin, for example, a major support level I would look at is the five seven level, this is an area that I would be interested in setting limit orders. So the more limit orders you can set the better if you can set limit orders on exchanges and just have some capital across a few different exchanges, have your limit order set and forget about it, that's the best, because then you're not going to panic when price gets there. A lot of the time what will happen is price will actually get down to the support and then people get bearish, right? They bearish here, they bearish here, they bearish here, they bearish here, they never want to accumulate in the support range. Then when the price starts pumping, they're like damn next dip I want to buy right and then it goes back down. And then when it dips down, you don't actually end up buying because you're psychology and the back and forth of wrestling with emotion and basically forcing you to buy in when you have a predetermined level that you want to buy in. For the DYDX example, you do have that predetermined level on range low, but because price is pumped, you now have to potentially look at buying on confirmation of the retest of key breaks of resistance levels flipped into support. So this is going to require a bit more nuance than just setting limit orders. But that's just a reflection of where that coins out every coins in a different zone, right? And every coin has a different scenario, like for fracks, you might say, okay, on the break of 760, I want to buy some fracks, because this clearly shows that it's reverse downtrend, for example, and then you would set that order once you've broken above. So it's not a perfect science. But what this does is it kind of forces you to stick to a strategy when the levels are in your trading view, and your plans are predefined before price gets there, then when price gets there, you should just be sticking to your plan. So you should be having a plan for the next six months on levels accumulation across a variety of coins. And you should know exactly when you're buying and you should know exactly what happens if price keeps pumping. What level are you actually going to get interested at again? So let's say the idea smashes through the highs, you know that you're probably going to buy the retest of range high on the high timeframe, right? So have all those scenarios planned out, then you're never gonna have to form it because even if price pumps, you've got a plan for that. And if price dumps, you've also got a plan for that you've got your limit orders, right? So you should be planned either way for either scenario. And if you want to get nuance with timing entries, you can even stack on additional tools like AI, etc. to get better entries. For example, Kyber AI, you guys know how I like the Kyber score in order to track momentum. When you do see a momentum swing on the Kyber score, that could also be an indicator that you can use in confluence with let's say the retest of that range high as we discussed before, in order to get your exact entry when your trading view alert goes off. And you can use all sorts of on chain data to snipe an even better entry. So it just really depends on your level. Some people prefer to be more passive and just DCA and whatever. But if you're a bit more active, you can start to stack these tools in order to get slightly better entries. And for more advanced market participants, a website like Kyber AI, I think is a good one. So there's a link in the description below to get beta access to Kyber AI for free. It's a free platform, if you're interested in that. So hopefully that accumulation plan makes sense. I think it just boils down to take advantage of fear. Typically, these support buys will happen after major sell offs. And the major sell offs typically represent the strongest opportunities in the market. I mean, just look at Solana. The two biggest FUD events were the two events that ended up being the best buying opportunities for SOL. And these were actually areas where I publicly said that I was buying Solana and they ended up being amazing buys up, you know, four to five x now. So buying fear in this market is definitely the strategy when you're aiming to build positions for the long term. Okay, let's go to step number five. Now, this is a really, really important one. This is keeping stables on the side for new projects. So I do this for two reasons. One, some of the best performing projects next cycle haven't even been released yet. Newer shiny objects tend to outperform their older counterparts, because there's less suppressory effect on price, due to the lack of underwater bag holders on new coins versus old coins. So what are old coins, there are a lot of bag holders, they can still explode, it doesn't mean they can't perform well. But just typically new performs can have that more aggressive thrust to the upside because there's less kind of dampening due to supply pressures, right. So keeping stable coins on the side for new projects is really important. Not only because of that, but because of the fact that new projects often solve the needs in the market that the old projects couldn't solve. So they usually launching and not all new projects are good, some new projects are rubbish, but really quality new projects are launching because they know that they fill a gap in the market that other projects couldn't, or they're improving on the technology that other projects have already established. So there's a benefit there as well. And the second reason why I like to keep stable coins aside is because it prevents you from recklessly rotating out of existing holdings. So if you have no capital, you're probably going to be more willing to sell let's say your Solana bag if it's not performing well to rotate into Stacks because Stacks is performing well. But if you have capital on the side, right, you have actual cash, you don't need to sell your Solana because you have cash that you can deploy into Stacks. So you're less likely to rotate out of your Solana into Stacks because you got capital to buy it. So one of the biggest tips for just not giving up on a bag too early is just keeping stable coins on the side. It's such a basic thing, but it's something so many people don't do. They get too greedy at certain times and don't hold enough cash. And then they get to risk off at certain times and hold too much cash. The key is keeping a balance. And I've been in both camps. There's been periods where I've held too much cash. And then there's I've kind of learned my mistake here. And for most people sitting around the 20 % mark in cash is not a terrible idea in terms of your crypto portfolio. Once again, this comes down to your risk tolerance, etc. As long as you have something that prevents you from FOMOing into these shiny coins with old positions, because this happens every bull run, you want to FOMO into the new coins. But it's just better if you if you're not forced to sell. Forced selling is horrible, often leads to a really subpar result in terms of your exit price. Much better just to have fresh capital used that's and reserved solely for the purpose of buying into newer coins. So this isn't to say that you can't tweak allocations over time. I think you should always tweak allocations. As prices pump, you can take profits, rotate into other alts, take profits into USD. As income comes in from other income sources, you can put that into the market. Some coins you might realize, okay, say is not really realizing its vision. Maybe you don't think they're executing very well. The team makes some mistakes. You can actually delete that off your watch list at certain points and add a new coin that you think's better. Like there's nothing saying the portfolio you build now has to be set in stone. But there's something to be said for starting to plan and having a system. Because once you have a system, then you can plug and play any old coins into that system. Once you have your watch list, have your Excel, it's easy to make small modifications versus overhauling the whole thing once every few months. It's better to just tweak it slowly over time. And I think it's actually very smart to make tweaks over time, because that enables you to be adaptive and it means you're not always stuck in old positions that might not be so favorable when there's new trends in the market. So always maintain adaptivity, but don't be rash. That's pretty much how I want to summarize that. I want to give a quick shout out to one of our official show sponsors now, which is SmartX. They actually did $5 .1 million in trading volume this week. So if you are looking to farm, they have a very good system which reduces the negative effects of impermanent loss, and in some cases can lead to impermanent gain across their LPs, across the networks Ethereum, Polygon, Arbitrum, BNB and Base. They recently just jacked up the APRs on Ethereum and BNB. They lowered them on Polygon and Arbitrum. So if you do want to look for some of the opportunities with additional multipliers now, you can look for example, on the ETH side on some of these pools, which have a higher APR. And as I said, it's not your typical AMM. They have a proprietary algorithm which makes impermanent loss less of a headache compared to other AMMs, for example, like Uniswap. And if you go onto their homepage of their website, and you click on simulate the algorithm, you can actually compare the performance of pools compared to pools on Uniswap. So you can scroll through and get some examples to see how SmartX actually works in practice, which is a nice feature as well. So there's a link in the description if you want to yield farm on SmartX, or even if you want to swap, it's also a DEX, of course, that can get you some decent swap rates too. And yeah, just another great week of trading volume for SmartX. So well done to the team over there. And looking forward to keeping on supporting you in the future on these shows. So I hope you enjoyed this video. I hope you learned something. And even if one person watches today's video and builds a nice system, and ends up benefiting that from that next bull run that it was worth my time because I think 99 % of people will be too lazy to do the stuff I talked about today. Because I get it, it's easier sitting back and being lazy. But for the ones that are willing to put in the time and be proactive, you're going to be the ones I think that end up really reaping the rewards of this. So well done to you if that's what you're about to do. And I will see you in my next show, which will probably be on Tuesday. See you later. Peace out.
Flight of ideas
The Impact of Incompetent Management on Competent Staff
"In the complex world of business, the dynamic between management and staff plays a crucial role in the success of any organization. The scenario of an incompetent manager overseeing competent staff is a surprisingly common and often detrimental situation. This blog explores the effects of such a mismatch on both the employees and the business. The clash of competence and incompetence when a team of highly skilled and knowledgeable employees is managed by someone who lacks the necessary skills and expertise, several issues arise. Firstly, the manager's inability to understand or appreciate the team's work can lead to a lack of meaningful guidance and support. This often results in frustration among the staff, who feel undervalued and misunderstood. Impact on morale and productivity One of the most immediate effects of this situation is a decrease in morale. Competent employees may feel stifled and demotivated, knowing that their manager cannot effectively lead or contribute to their work. This demotivation can lead to a decrease in productivity, as employees lose the drive to perform at their best. Decision -making woes in competent management often leads to poor decision -making. Without the proper understanding of the nuances of the work or the capabilities of their team, a manager might make decisions that are either unrealistic or detrimental to the project. This not only affects the current work but can also have long -term consequences for the company. The impact of incompetent management on competent staff competent staff often drive innovation within a company. However, under an incompetent manager, these innovations may never see the light of day. A manager who doesn't understand the value or feasibility of new ideas is less likely to advocate for them, leading to a stagnation of growth and creativity within the team. The ripple effect on business The repercussions of such a mismatch in competence are not limited to the team. They extend to the entire business, affecting overall performance, client satisfaction, and the company's reputation. The inability to deliver results due to poor management can lead to lost opportunities and a decrease in competitive edge. A call for better leadership The solution lies in better leadership selection and training. Companies must prioritize competence and leadership skills when choosing managers. Additionally, providing training and development opportunities for managers can help bridge any skill gaps, ensuring they can effectively lead their teams. Conclusion In summary, an incompetent manager overseeing a team of competent staff is a situation fraught with challenges. It not only demoralizes employees and hampers productivity but also has far -reaching effects on the business's success. Addressing this issue is paramount for any organization aiming for growth and excellence.
Tech Path Crypto
A highlight from BlackRock Bitcoin ETF in January | Larry Fink Is Confident
"All right, so things are cooking in the market right now, Bitcoin, Ethereum, what we're doing and watching with Solana. We'll break down a lot of things for you guys today, but it's all going to be built around the narrative of the ETF, when and how much of an impact it will have on the markets. My name is Paul Baron. Welcome back to The Tech Path. All right. A couple of posts we'll get into. I want to kind of flow along here. There's going to be a lot happening today. Before I get started, I want to thank our sponsor, and that is iTrust Capital, if you guys are looking at long -term holding. In an IRA, this is one of the places to check out. You can hold Bitcoin over there, precious metals, altcoins, all sorts of things. It's all self -directed over there, very easy to use. All you have to use is our link down below. Get a $100 funding reward if you decide to go in on that. Low fees too on your transactions inside, no fees on a monthly. So just think about that. Let's go over to a couple of tweets here. I want to start off with Mike Allred, or Alfred. Mike had a very interesting tweet here, and I follow this guy. I would say he's a Bitcoiner, and he had a really good position point here on the first of November. FOMC press conference over, Jerome is off stage. Markets are not following the familiar script of dumping through the close. This is the turning point. Yields will fall, the dollar will top, and Bitcoin and equities will rip through the year end. Basically, Mike called it, and I think he's exactly right, what we did see in terms of yields starting to fall. In fact, we saw a fairly significant jump down in yields. If you look at what Joe Consorti was talking about, this is a good example, people are losing faith in US creditworthiness even after the 10 -year yield has fallen by 51 bips. So that to me is some of these nuances that happen in the traditional markets that start to move things around. It also starts to loosen up capital on the sidelines, and that's what you're watching right now. Then if you look at the comparison of where things are going around Bitcoin, because some people are saying Bitcoin could make it to 50K, and part of this will look at, of course, the ETF, the likelihood of getting an ETF before the end of the year. Even though our friends at Bootbar still believe that that's like a 70 % probability, I feel like this is probably going to roll into that January 10th date, and when it does, I think that is the key. Now, what does that mean between now and then? I think that is the big question for sure. Fox Biz says BlackRock is growing increasingly confident in the spot Bitcoin ETF approval by January. Listen, they're having conversations with the SEC, there's a lot of back and forth dealing with this. Ed Gasparino talking about this. Everybody on Wall Street is talking about this. If this does not happen, this would be one of the biggest fails, I think, on Wall Street in combination with the SEC, maybe that we've ever seen in the history of Wall Street. Other things to be watching for, and this is something that Seifert and I talked about the other day when he was on. Just in, French investment bankers receive an email from BlackRock promoting a webinar for their iShares that swap ETF products on November 15th. This is within eight days of a spot Bitcoin ETF approval window. This is something that Seifert and I talked about, Bloomberg analysts, and the questions that have kind of been brewing is that there's been a lot of advertising, they're called RFPs, and if you're in the media business, you know what that is, but there's been a lot of RFPs coming in asking about certain windows of time and how quickly you can activate ads. This to me, what is it? Because normally this is a year -end kind of thing, and year -end, sure, there could be a scenario where people are just blowing the rest of a budget that they've already allocated, but these seem to be very targeted and very specific, and when you get those kinds of RFPs, which we've received, then I'm always questioning, what are they looking for? What exactly is going on? That usually tells me there's a campaign brewing, and what else is out there right now that could be brewing in terms of campaigns when it comes down to marketing, just like Seifert said, there's going to be a marketing bloodbath of who's going to try to position first, whether it's BlackRock, 21 shares, Fidelity, all the ones that we have out there in terms of the spot ETF. Here's another topic on Bitcoin. Here's how high Bitcoin could soar in the first year of its bull cycle. There's a course coming in from Michael Van de Poppe. A couple of things he's pointing to right here, we're getting ourselves into a period of the first year of the bull cycle, means that most likely we're going to see a high of around 50 to 55K. I would agree with that to a certain extent. There are some things, if you're not in our diamond circle, our most recent post where Evan and I actually did two analyses on this. Evan did an analysis on the TA side. We did an analysis on the sentiment side. Looking at the long -term sentiment run of Bitcoin in general, especially if you look at how it compares to other assets, and you compare that to new activity, meaning new people talking about a particular investment like Bitcoin, it's starting to ramp up. So does that mean that we could be seeing entry -level participants or people that haven't been active for a very long time coming back in the space, which could contribute to these kind of numbers in terms of 50 to 55K? We're also going to have a period where we have the altcoins are starting to wake up substantially. Obviously, I think everybody's watching Solana, Matic, Avalanche today. Those are all altcoins, and they're all in a very positive mode right now. And of course, Ethereum clipped over 2100. Most likely, we could see a 22 by weekend. So there's a lot happening there. Question will be, in between, are we going to see altcoins do really well? And we're starting to see some momentum. Will that last? And does it act like a typical altcoin season? That's the question mark that I think a lot of people are trying to compare, because if you look at past cycles versus this one and the one we possibly are moving into coming out of a bear market, a lot of people look at it in a different way because of all this new speculation around ETFs, regulation, structured capital, the coming of age of this asset class, all those things that did not exist in the last run between 2019 and 21. So at this point, confirmation of the bear market is over almost close to 100%, especially with the breakout of 28K. That was the one that basically held the 200 -week EMA. So definitely moving forward for sure.
Real Estate Coaching Radio
A highlight from How To Finally End Stress And Frustration Forever! (Part 2)
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. So before we get into our topic today, I want to summarize something that Julie and I talked about last Friday on our podcast. There is so much, I think, fear out there right now from the commission sharing lawsuit that it's getting to the point where frankly the fear is creating more fear and no one's actually taken the time other than Julie and I on the podcast last Friday to cut through it and sort of just focus on the facts. And so if you're not familiar with what I'm talking about, I'm talking about the commission sharing lawsuit and the headlines with regards to this are just going to get more and more dramatic because guess what, agents are clicking on things that are dramatic and people are looking for the latest information on the commission sharing lawsuits and now supposedly this newest lawsuit is going to be a trillion dollars and all this stuff. Trust me guys, it's just going to get worse as far as the salacious headlines. So what do you do with all this information? I'm going to tell you guys, and Julie and I are going to go through this relatively quick and then we're going to get to point number 11 from yesterday. Number one, the process is super slow. In other words, this was essentially a loss for primarily the National Association of Roaders and the largest brokers in the country. But now what happens is there's going to be an appeal process. The appeal process will last from when I've read, I'm not an attorney, oh and by the way, if you're listening to us for legal advice, that's, you know, that's not a good idea. Don't do that. Yeah. Okay. Or medical advice for that matter. True. Yeah. Because we might sprinkle in some of that. It could happen. So yeah, it's going to last two or three years. So the process of appealing the whole thing could last two or three years. In that time, there's going to be more headlines. In that time, there's going to be more fear. In that time, there's going to be more conversations about National Association of Roaders and your local MLSs and all the rest and all the things are going to be happening. So what do you do with all this information? You've got to understand that nothing has really changed in your world. Nothing has changed on how you work with buyers and sellers. Nothing has changed on how you're compensated. Nothing has changed. All these things that people are talking about, they're just guessing. It's pure theory at this point. Complete speculation. And people love to speculate like going worst case scenario. Well, of course. Well, it's more dramatic. It is. And so the worst case scenario and the best case scenario we talked about last Friday on the podcast. We gave you guys three most, I think, the most likely to least likely outcomes. But I'll give you even the worst case scenario, how it actually affects you. So let's say it's three years from now. Let's say all the doomsayers are right. Worst case scenarios actually played out. Guess what? You are still in the real estate business helping buyers and sellers because there are still millions of people every year that want to do a real estate transaction and want to use a caring, competent, skilled real estate professional. That is not going to change. In addition to that, the sheer number of people that are going to be in the real estate market from the millennials and family who are in the family formation age range, the baby boomers that are downsizing to all the generations that follow. There are millions, tens of millions of people in just the United States, not to mention Canada and the rest of the world, that where people are going to be buying and selling real estate. Nothing has changed with the desire and demand to own a home. So get your head away from the headlines. Realize that those headlines, when anyone seeks out negative information, when you become a magnet for negative people and headlines and topics and blog posts and podcasts, what that does is you're sucking the potential out of your future. Because if you don't believe that tomorrow is going to be better than today, that means the actions you take today are not what they would have been had you believed that tomorrow was going to be better than today. So for example, if you know for sure that next year is going to be your best year ever, and you are so excited about, what are you doing today? You're getting better at your scripts. You're getting organized. You're listening to this podcast. You joined Premier Coaching. You've gone through the process of really perfecting. You realize it's a new market, so now you're going to need a lot more skill. You're learning your listing presentation, pre -listing pack, buyer presentation. You are actually getting your butt organized so that next year can indeed be your best year ever. Because guess what? For many of you, next year will be your best year ever. A lot of reasons to believe that's true.
Tech Path Crypto
A highlight from Gary Gensler Wants To Relaunch FTX | SEC vs Crypto
"All right, so a lot happening this week, and today is no different. Gary Gensler is on the Warpath, we're going to be talking about that, and also breaking into what's happening with Bitcoin and some of the markets. We'll get into all that good stuff for you guys today. My name is Paul Bearer. Welcome back to Tech Path. Before we get started, I want to take a moment and thank our sponsor. On November 14th and 15th, Human Protocol is hosting Nukeonomics 2023 in Lisbon to discuss the impact of AI and Web3 on the world and the economy of tomorrow. Make sure and use our promo code PB50 for 50 % off. Nukeonomics is planned to set to explore the future of Web3 with thought leaders around the world. Cool thing, across the program, they're going to be doing a full kickoff. On starting the event, you'll be able to get access to new speakers. They're going to discuss the impact of blockchain and creating human -centric economies and the future of crypto. They'll also have this thing called the L -Room, which is going to be a startup pitch, so make sure and check that out. And then the following day, you'll be able to go to what they call the LX Mainstage, and all of that is going to be where we'll see Web3 in music, along with AI and other influences in digital media. Some of the guest speakers include Sam Weeks from Google, Erica Wykes -Snade from Adidas, Cyrus Faisal from Swisborg, and Javier Garcia de la Torre from Binance. Make sure and check them all out. Don't forget to use our code down below. We'll leave a link. All right, so let's break into it today. Let's go over to the first tweet. This is the Kobayisi letter just in. Market cap of Bitcoin officially rises above $750 billion for the first time since April 2022. I want to zoom in on that for you guys a little bit. The entire crypto space is nearing $1 .5 trillion market cap. That's nice to see, $1 .5 trillion. First time nearly two years that we've seen this. Bitcoin prices are now 35 % over the last month, 120 % on the year. I want you to take a moment for all you guys out there that are buying in Bitcoin, have been buying maybe since the beginning of the year. You're 120 % up. How do you say that to people when you look at that? I'm just kind of curious. How do you play it? And also, what tokens are you playing right now? Make sure and leave some comments down below. Smash the like button if you guys like breakdowns like this. Let us know. These are the kind of things. So we'll kind of guide you along here. But the resilience of crypto is incredible. The statement here, can't really deny what's happening out there. You guys are in the right place at the right time. The cool thing is, is when you like this video, it's going to share it to others who will start to learn what's happening out there in crypto as a whole. A couple of posts here. I want to go to Scott Johnson. And it looks like we've got some confirmation. One with a hard timeline, so almost certainly decided along with other open apps, the most likely outcome, US SEC said open talks with Grayscale on the spot Bitcoin ETF push is underway. So this came in further on him and he said, my guess is Grayscale is one of the two positions they received assurances that they will receive a new order, X number of days alongside the open apps. And then they have not received assurances, maybe demanding a new order. Kind of curious which one you think would be the case. Will Grayscale be aligned with the rest because with this alignment of discussions happening, you get back into the scenario of, yes, ETF is going to start positioning and maybe that's the opportunity. Now, the real question is how does Bitcoin respond once an ETF does come through? Pentoshi kind of hits on a couple of points here. A lot of people argue that Bitcoin ETF is going to be sell the news. Yes, some pricing is going on, but we have no idea what the demand will be and there will be some to start. Sure, illiquid supply is at an all -time high. That's one thing. A lot of Bitcoin is now in diamond handlers. Yes, we know that. And then don't pretend you know what's going to happen. I agree. I don't think anybody really knows for sure. You can assume, I think with some reason, that there's going to be some demand movement. But the biggest point, I think, is a little bit of a ephemeral approach to it. And what I mean by that is that when BlackRock comes into the space, if BlackRock is the one that, say, leads the way out, maybe there will be another winner here. Could be ARK, could be Fidelity. Whoever wins that marketing war, I think that's the point in which traditional investors will start to question their resolve around crypto. And when that happens, there will be a tipping point and I think that's the point in which a lot of this is going to start to peak. Now, maybe the timing is going to be perfect too because you've got, obviously, next year we've got the halving occurring. Hopefully we're out of what could be a recession. Hopefully we're out of these conflicts and other things are starting to settle. We'll talk about that in a second. Here's Will Quamente. He kind of jumps in on this. It's pretty obvious that if BlackRock is filing an ETH ETF, then the Bitcoin ETF must be a dumb deal. I don't know if it's a done deal, but this is interesting that they bring this up front. Now, granted, they may have enough indicators there that this is going to happen and they don't want to be left behind in the sense of a strategy around an ETH ETF. I just had James Saferd on. He and I had kind of been going back and forth. First time I had James on, he mentioned to us and we asked him straight blank, what about an ETH ETF? He wasn't really a fan of that, but he's changed his position. So I think that he, along with other Wall Streeters out there, are in a position now that ETH is going to make it through as an ETF. Here's John Deaton. Although I believe a spot ETF, Bitcoin ETF, should have been approved a long time ago, I believe the timing of a spot ETF approval is going to help create a perfect storm for Bitcoin. Whether you look at, you know, Wall Street getting what they want or you know what's happening overall, what he talks about here is we all know no matter what happens in the not too distant future, second and third quarter, rate cuts going to happen combined with rate cuts. This is my point is that you're going to get into some scenarios for 2024 where the cycle starts to feed upon itself. Rate cuts, the market looking at a much more structured capital alignment with an asset class that has now maybe come of age, along with all the technical components of what's happening with Bitcoin, and then what I think will be an absolute barnstorm of what's going to happen in Web3. That's going to include all the traditional tokens that we talk about here all the time, including, you know, ETH, AVAC, SOL, and many others in the Web3 ecosystem. So a lot definitely kind of lining up here for good news. SEC Chair Gensler says rebooted FTX is maybe a possibility if it's done within the law. All right. So this I would tread on very, very lightly in the sense that I think the brand damage has been done. I just cannot imagine, it would take maybe years to get way past where we are today. Any of the people that know about crypto today are going to most likely be feeding into the crypto investors of the future, and what I mean by the future, the next two to three years. FTX is still going to be a memory that's not one that's easy forgotten. And I think because of that, just the brand ethos that FTX pretty much imposed itself on the industry, I don't think is going to be forgotten. So I think it's going to be a scenario. They will not be overcoming it. And the thing that, you know, Gensler might be trying to do here is maybe just set it up for failure so he can do what I told you at some moment. I don't know. But I would not. Why? Go that route. Why would you bring that sore back up into the industry when there's so many great projects out there and great exchanges and places where you can do things, including all these new entities? I just don't know. I'm not sure. Let's listen to a clip right here. This is Brad Garment House. He's talking about FTX. Listen in. I've spoken with a lot of Democratic lawmakers, crypto skeptics about this, and they cite fraud often, that a lot of people are defrauded through crypto scams. How much more work needs to be done to push back against that kind of narrative? The fraud FTX wasn't a crypto fraud. I mean, yes, it was a fraud. Maybe if Gary Gensler and the SEC weren't so focused on going after Ripple and meeting openly with Sam Bankman -Fried, maybe we could have actually avoided some of that, right? Marty bracing myself for when I go check Twitter after this to see everything the XRP army had to say about this conversation. All right. So you can kind of see maybe with Brad Garment House, obviously I'm trying to take this to the Supreme Court, will maybe adjust his opinion of how they negotiate with the SEC. And maybe that's what he's talking about there. It would be interesting if that actually occurred. Maybe there is something that could be done and salvaged between that relationship. I don't know. I want to go over to another clip here. This gets into Garment House talking about Coinbase and what their current status is. Listen in. I followed the Coinbase case a little more closely. And so maybe I can comment there a little bit more. You know, the SEC is not trending well there. And again, if at some point you would think if you keep getting losses, you would say, okay, wait a minute, let's step back, let's reevaluate. Or even better, let's be part of championing a legislative solution. Well, you say you're hopeful that something happens legislatively, but ultimately the way things are going right now, do you think more clarity is likely to come from Congress or is it just going to continue to come from the courts and the judicial branch? I think that's a question for Chair Gensler.
Simply Bitcoin
A highlight from Taiwan's Next Embracing Bitcoin?! | EP 863
"It's all going to zero against Bitcoin. It's going on forever. You're against Bitcoin. You're against freedom. Yo, what's up? We are back. We're back for another episode of Simply Bitcoin. And today is an interesting story. I did have to do some deep dive for this one. So game theory is heating up in China, guys. The first reading of Taiwan's crypto bill passes. And depending on the source, Taiwan might be on the verge of making Bitcoin legal tender January 24th. It almost seems like this is happening. It's almost like it's inevitable. And Taiwan is embracing Bitcoin. And we all know the saga between China, that we know that we won China policy. We've been covering this all year. And we know how many times China banned Bitcoin. They banned mining. We've seen even Taiwan themselves try to ban Bitcoin. But of course, you can't ban Bitcoin. You can only ban yourself from Bitcoin. And even this week, on Mainland, Hong Kong has been mulling over whether they are going to embrace an ETF as well. So it really makes you wonder. And if you go back for a couple episodes, Niko and I went over this, the idea of maybe China is using different proxies to embrace Bitcoin after officially banning Bitcoin. The dip last we saw, I think that was 2021 now, it's all a blur at this point. Some days they're banning it. Some days they're embracing it. Well, it seems like China or Taiwan, forgive me, is about to make Bitcoin legal tender. And remember, one of the IRLs we did, we had a friend come on here and I'm blanking on exactly which one it was. But he said basically that what they mean when they say crypto is really Bitcoin and they do not talk about what they have under their mattress. So whenever you're hearing crypto come out from the Asian countries, from China in particular, remember that they know what we know. It is Bitcoin only. And there's Bitcoin and then there's other cryptos. Anyways, Bitcoin's global game theory chess match is playing out in real time, guys. And as a Bitcoiner, you just love to see it. The Mexican standoff is continuing to get spicier. It's continuing to heat up. And it's going to be very interesting to see which countries get left behind, which countries don't embrace hard money. And also in that same vein, which countries are fighting their citizenry. And as we always say, forcing them to have fun staying poor. Anyways, welcome to Simply Bitcoin. We are your number one source for the peaceful Bitcoin revolution. We cover breaking news, culture and nomadic warfare. We bring on Bitcoiners from all around the world, from the biggest names to the everyday Bitcoiner. We got them all and we will be your guide through the separation of money and state. And of course, I am not here alone, guys. I am here with Dell, the funky hodl sapien. How are you doing this morning, Dell? Good. I'm dandy. I'm chilling, relaxing, moisturized in my own lane, sitting in a 45 gallon tub of lotion right now. It feels pretty luxurious. Absolutely love it. OK, well, Dell, what are we going to cover on the culture today? We're going to cover that you can't really stop the Internet. You can't stop things from happening the way you want it to. I imagine most of the people that come to this channel are interested in Bitcoin surviving. That's my assumption. There might be some people that come pass by like, oh, what's this all about? But I get the impression that the regulars that I see in the chat, you're Roman, you're wine a kiss. Tyler Durden, what I'm not going to try and talk for wine a kiss. He's a he's a he's a strange cat. That one is people that I see in day in and day out. They're people that are they understand Bitcoin to some degree. They like it to some degree. And they're yeah, thumbs up to that Bitcoin thing. But the idea that it could die or shut down is not something that a lot of us think about all that much. We're like, oh, it can't happen. But here's a question for you, Opti. If you were given a challenge, let's say let's say somebody comes along, Michael Saylor, whatever anybody that you know has the money to say, I'm going to give you a million dollar bounty to shut down Bitcoin. Could you do that? You think you could? Not for a million. There's literally a half a trillion dollar bounty on Bitcoin. You got to you got to you got to put those numbers up. Well, like, do you think you could do it at all? Me personally? No. Yeah. Yeah, exactly. And so the idea that there is some individual out there or group of people that can shut it down is preposterous. But yet there's still and we're going to play this clip. People out there that are honestly, they're relatively smart people in many fields and there's a lot of really smart people that don't understand Bitcoin. It's like shut down. Shut down the Internet. What are you going to do? Go in. People, people are concerned about that, Del. That is definitely on people's minds. Well, I get that. But why? Like, tell me how that happens. Like, walk me through exactly how how it how that would work. Like, please. Like, if you can do it, if somebody can do it, I truly as much as I would like to see tomorrow, would like you would like to see somebody shut down Bitcoin. So we're going to be talking about that in the culture. Like, you can't do it. Like, I want you to if you can, if somebody in chat can do that, by all means, go and do it. Because we need to know that that's a vulnerability when we need to know how that could happen. And oh, wow, there's a guy that's in the simply Bitcoin chat that has the ability to go and flip a switch and shut off Bitcoin. That we should know about that. And I mean, that'd be so funny. Someone in the chat just shuts it off. Anyway, anyway, side tangents. I mean, we even see it and we hear this all the time. I hear this all the time when I talk to my normie friends out there. They're like, what if, you know, like in twenty seventeen, it was like, what if China bans Bitcoin? And like they did it and it didn't stop Bitcoin. I am convinced that every three letter agency around the world, that nation states have also tried to attack Bitcoin and they continue to try to attack Bitcoin. But they can't stop this. They cannot stop digital money for the digital world. And even if the even if we got like some weird by chance EMP or something that shut off all of electricity, we will never go back to a time without the Internet. I am fully convinced of that. The Internet is something that that is ubiquitous with the modern world. It put a pause on things. If people talk about that, like, oh, well, what about. OK, well, just imagine if things that are escalating over in the Middle East and then the whole Russia, Ukraine thing, like imagine things really take off. And they detonate a nuke in the atmosphere over every country in the world and all the Internet goes out. What about your Bitcoin then? Like, do you even hear what you're saying? Like, imagine that scenario and the thing that is going to be on people's minds is food, shelter, is my family safe? And then probably after the first 24 hours, where can I get a I'm just going to say it, a hand job where where the sex workers like where where can I go and trade these bullets that have been stocking up for, you know, a little me time with with Old Destiny over there? And I do mean old because she was in the business for a hot minute and she's looking a little more now, but she's got the experience. And that's what you're going to want to go to when times are tough. You're going to want to go to the person that knows how to get you to that happy place. So, yeah, you're going to check in on Destiny and give her some bullets for some fun times. But you're not going to be thinking about Bitcoin. You're not going to be thinking about all my cat pictures and all the trad wives on Twitter talking about how they're grass feeding their goats. No, you're not going to be paying attention to any of that. You're gonna be like, what do I need to survive? That's it. That is that is it. That's all you're going to be paying attention to. So this idea that, oh, what happens to your Bitcoin? It's like, go fuck yourself. What are you talking about? Listen to yourself. Is grandma alive in a nursing home? Because there's no oxygen on. What's your first concern if the nukes go off and there's no Internet Opti? Is it is my note still on? No, it's thinking about people in my local community and can I survive? Exactly. Exactly. All right. Well, this is going to be a spicy one. I can already tell this is going to be a spicy one. Let's get into the show, guys. This time seeds do it yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper. Don't store your generational wealth on paper. Paper is prone to water damage, fire damage. You want to put your generational wealth on one of the strongest metals on planet Earth, titanium. Your words are actually stamped into this metal plate with this hammer and these letter stamps. And once your words are in, they aren't going anywhere. No risk of the plate breaking apart and pieces falling everywhere. Titanium stamp seeds will survive nearly triple the heat produced by a house fire. They're also crush proof, waterproof, non corrosive and time proof. All things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul. Stamp your seed on stamp seed. Yeah, the chat. You guys are wild. Love you guys. Anyway, we made this easy for you. Scan the QR code. Make sure your seed phrases backed up on something stronger than just a piece of paper in your sock drawer. Make sure it's backed up on titanium, guys. This is the way scan the QR code. Get yourself a stamp seed kit. And we have been in the talks of getting a simply Bitcoin branded one. But maybe maybe you don't want that OPSEC unfriendly version. But anyways, scan the QR code. Go check it out. Get yourself one. Stamp your seed in titanium. All right, guys. Anyways, we're over here on the numbers. We're at Clark Moody's dashboard. Of course, my favorite number is the block height. We are currently at eight hundred and fifteen thousand eight hundred and eighty six. Take talk next block. Honey, bad you don't care. Blocks keep coming in. We are what? Twenty four thousand one hundred and fourteen blocks away from the halving roughly around April 20th of twenty twenty four. So it's happening in time, guys. We know exactly what's happening with the monetary policy that is Bitcoin. You love to see it. Bitcoin is my stable coin. Bitcoin is stability. Anyways, the current price on Bitcoin is thirty five thousand three hundred and forty dollars per Bitcoin. The Moscow time, a .k .a. how much your fiat dollars worth, a .k .a. how much Bitcoin you can buy for a single U .S. dollar is two thousand eight hundred and thirty cents per dollar. The percentage of total Bitcoin that will ever be issued is ninety three point zero three percent. The market cap and fiat terms of Bitcoin is six hundred and ninety billion dollars or six hundred ninety point three billion dollars. The realized monetary inflation of Bitcoin taking fiat currencies to school is one point seventy four percent. It's going to get cut in half. Well, I think it's going to slowly. Is it going to get cut in half? I think it's going to cut in half. I think that's what the halving does to it. Anyways, Bitcoin versus gold market cap is currently at five point two seven percent. We are only at five point two seven percent of the gold market cap. The hard money gang. We're coming for gold. Gold market cap is ten trillion dollars. Only five percent of that, guys. And you guys are bearish out there. Couldn't be me. Can't relate. Anyways, the total public lightning capacity is five thousand three hundred and five point zero seven BTC. The hash rate has been going absolutely parabolic. Of course, this is just a rough guesstimate of what is going on on the Bitcoin network. But something is happening and people are uploading and turning on a lot of A6. The last 90 days, we are at four hundred and twenty point one exahashes. The pending fees. Oh, my goodness. It's spiking right now. Eleven point four four BTC, at least according to the mempool that Clark Moody is connected to. We've been telling you for a while. You wanted to make sure that you are consolidating your UTXOs because things are going to get crazy. This will probably cool down a little bit. I think I did hear that there's some like ordinal BRC 20 stuff going on right now. Yeah. So that's probably why we're seeing this spike right now in the fee market. So once it gets a little cooler, oops, oops, sorry. It gets a little cooler. Not wrong, though. Yeah, not wrong. Once you once you get a little cooler in the fee market, I suggest you guys take the opportunity to consolidate your UTXOs. Make sure that you have good UTXO hygiene. Anyways. All right, guys, I'm going to connect last night's TTO that I did with CJ. I hope you guys watch that. I do have it up here for you guys to show you that you need to go watch this. And I took a little piece out of there. But here we are. We got Neil Kashkar. And remember who he is. He's the crazy guy that was coming out when we were going through the the, you know, the flu pandemic. And he was telling us that they can print unlimited money. And they clarified that question. And we got the memes of him with crazy eyes, like, wait, so you're telling me you can print unlimited money? And he said, yes, that's exactly what I'm telling you. Well, here he is again. And if you listen to last night's TTO. And you will listen to this this morning. You really start to realize just how detached these quote unquote elites are, how detached the Fed is from reality. You really would ask yourself what is going on. And again, I reference the white paper constantly on here because it's literally in the first paragraph of the white paper. Satoshi was so prescient when it came to this because he saw the fundamental problem of the fiat system. It is its trust based system, inherent trust that you need to just trust that these people know what they're doing. And we're seeing in real time that people still seem to trust them. And if you look at the data. There is no reason to trust them. Anyways, Neel Kashkari in this little video here goes, I'm not seeing a lot of evidence that the economy is weakening. And he discusses market expectations for an interest rate cut by the central bank next year. So let's just listen to him and remember the idea that the only reason the system is continuing to hobble along as it is, is because people out there still believe these people in the suits that they know what is going on. Trust the experts. They know exactly what's going on. Trust the guy in the suit on the television telling you that they have the economy under control, that interest rates are under control, that the Fed knows where we're going. And if you really look at the data, it may be completely different and telling you a different story. Anyways, let's listen to this, guys. You said that people want certainty and that you can't give it to them. And I understand that. But people don't just want certainty. They also want some sort of guiding philosophy. Do you think that Fed Chair Powell has outlined some sort of guiding philosophy on where the bar is to cut rates, on where the bar is to raise them further? Well, I think he's articulated very clearly that we're committed to getting back to 2 % inflation, right? There's been some chatter amongst economists that maybe we should raise the inflation target. I think he's done a great job saying that is not on the table. We're not going to do that. We're going to get inflation back to 2%. And we're going to let the data guide us. We've moved very aggressively. We've made a lot of progress on inflation. We're not done yet, meaning inflation is not back to our target. And if we need to do more, we will. There seems to be a feeling in markets that the bar to cut rates has been lowered over the past week or two weeks. That suddenly, not only are we reaching a pause, and have we seen a peak in the Fed funds rate, but that also the Fed will cut next year, maybe surgically. Neil Dutta is talking about that. He's coming up next. Do you want to push back against that? Do you think that the bar to cut is still just as high as it was? I have no idea where market participants are getting that. There's no discussion amongst me and any of my colleagues about when we're going to start preparing to cut rates. The only thing that's been talked about at all is that at some point, when inflation is well on its way back down, if we didn't back off a little bit, the real rates would be getting tighter and tighter and tighter. And that's real, but that's math. But is there enough weakness currently in the market, in the economy, I should say, to give you that sense at this point? Look at the last GDP print. I mean, does anybody look at that and think, oh my gosh, the economy? For the last 12 months, GDP has been very strong. The labor market continues to be quite robust. Yes, the unemployment rate has ticked up to 3 .9%, but we've also seen a huge surge of labor supply, which is really positive, come online. So I'm looking at this. I'm seeing consumers that are strong. By the way, my airplane that I came here on was 100 % full yesterday. It's going to be 100 % full today. I'm not seeing a lot of evidence that the economy is weakening.
Thinking Crypto News & Interviews
A highlight from BITCOIN'S NEXT MOVE & 2024 & 2025 Price Predictions with Caleb Franzen
"Is very strong for Bitcoin. And if Bitcoin is strong, as we all know, that creates a massive ripple effect throughout the entire kind of crypto ecosystem where good things can happen at the very least. This content is brought to you by Uphold, which makes crypto investing easy. I've been a user of Uphold since 2018, so I trust this platform and I can vouch for it. They have a full functional app, a full functional website, and they carry Bitcoin and all the top altcoins, including stablecoins. You can also trade precious metals on this platform and as well as 37 fiat currencies. So Uphold is available in over 150 countries and they are a safe platform. They have full reserve of customer assets. They don't commingle or lend your funds out and they provide audits of their reserves. So it's a safe platform and I trust it, I vouch for it, and I've interviewed the CEO, the CFO, and other representatives of the company. So if you'd like to learn more about Uphold, please visit the link in the description. Welcome to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. With me today is Caleb Franzen, who's the founder of Cubic Analytics. Caleb, it's great to have you back on. Tony, good to see you, man. I think the last time we were here was back in April, I want to say. So six, seven months ago is a good recurring basis to get back together and talk markets, man. Yeah, absolutely, man. And you provide some valuable insights in your newsletter as well as on Twitter or X, as Elon would call it now. So I've been following you and appreciate your insights. So I wanted to get you on here to go a bit deeper and talk about what's the outlook for Bitcoin in the short term as well as long -term and some of the top altcoins. What are your thoughts on the recent rally and do you expect Bitcoin to go a bit higher? Things are looking pretty solid. I think at the beginning of the year, I started out a little bit towards the doom and gloom side. But one of the things that I said was regardless of what was going to be happening in the markets this year, I was going to be buying assets. I was going to be buying equities. I was going to be buying Bitcoin. And that's exactly what I've been doing pretty much all year. Back in January, something very important happened, and that was the price of Bitcoin got above the short -term holder realized price, which is basically the short -term cost basis of all Bitcoin that has been transacted within a six -month window. And historically, that's always a bull market signal. If price can get above the short -term holder realized price and stay above that level, good things tend to happen. Every bull market in Bitcoin's history is characterized by that one simple fact. Then a bunch of other bullish signals happened thereafter. And so piece by piece, indicator by indicator, we've been stacking bullish evidence. And now we actually have the fundamentals to really back this up. We have the halving, which is basically 160 days away. We have spot ETFs that are basically, I truly believe plural, are going to be getting approved likely in a blanket approval process. And then if my macro outlook is on track, we're going to have continued disinflation, which is likely going to be bullish for assets across the board. I think it already has been very bullish this year. Look at the stock market, look at Bitcoin, look at Ethereum, so on and so forth. But if that disinflation continues, as I look forward, I've been referring to it as non -recessionary or disinflationary rate cuts beginning in the third quarter of next year. At this point, I'm not willing to entertain rate cuts before then. But my thesis right now is that the Fed will start to do a total of 100 to 250 basis points worth of cuts. If they do that from a pause of 5 .33%, we're really going to have still tight rates, still high real federal funds rate, real interest rates, so on and so forth, but just less restrictive than if they continue to pause. And so I think the Fed is recognizing that. They're not openly admitting it yet, because they're still using their rhetoric and forward guidance as a policy tool. That's one of the big benefits that they have. They can forecast to the market, even if they're kind of fibbing, or they want to maintain maximum flexibility. And so they're giving themselves a long leash with a lot of slack. And so, man, I'm feeling very optimistic about Bitcoin, especially right now. I've recently started buying Bitcoin mining stocks. Once again, I was trading those at the beginning of the year with a lot, a lot of success. And now I'm really kind of viewing this as a six to 12 -month thesis for the miners. So I'm basically going to be DC 'ing into those over the next two months, probably daily. And so I'm feeling very optimistic about things right now. So I'm happy to kind of take that wherever you want, but that's kind of my baseline. Yeah. And great points you brought up and with the macro and the Fed and their narratives and things they're doing. And it seems, to your point, that they are officially paused. Now, there's always the possibility that they could raise, but it seems like they're officially paused. And as you mentioned, with the halving coming up, the Bitcoin spot ETF approvals around the corner, certainly a bullish time. So if you can share the Bitcoin chart and tell us what you're seeing for the short term. Some people are saying, hey, this is a start to the run up to new all -time highs. Some are saying, hey, this is like a 2019 move. A retracement will probably hit a certain Fibonacci level and then roll over. And then the slow steady grind to new all -time highs in 2025. What's your thoughts and thesis around that? So here's Bitcoin. And one of the things that I like to use, I don't rely on the exponential moving average specifically, and I don't look at the simple moving average specifically. So something I'm trying to kind of shine more light on is something that I'm calling the 200 -day moving average cloud. So I'm combining both of them. The EMA is shown in teal, and the SMA is shown in yellow. And we could see very clearly, this has been a strong level of both dynamic support and resistance. In my opinion, so long as we stay above this level, good things happen. We've been able to stay above it now after a brief consolidation below. You can see in several cases here, we actually used it as resistance, flipped it into support, taking off. So this is very optimistic kind of price structure overall. And now we've really kind of cleared through this range as well. This was a level that I was highlighting back in January, actually, when we got above the 200 -day moving average cloud, saying, now we need to focus on the next level of structural resistance. So I was calling for this range even above 25 ,000 going all the way up to 30K back then. And we ticked it a couple of times, and we've sold off since then. So now we're back above it. It's now valid potential support. And so I continue to think so long as we stay above this level, which is basically from 31 ,000 all the way to 32 .8K, we could see price rebound here for sure. But overall, this chart looks fantastic. One of the things that I mentioned earlier was this short -term holder realized price. And so as we look at the dynamics right now with respect to the short -term holder realized price, it also looks very similar to what we're seeing on that 200 -day moving average cloud. We flipped it into resistance. We had the breakout here, support, support, temporary breakdown here. This was a bit of a concern for me. But so long as we're back above it, I think we can be very, very optimistic. And so one of the things that I say about my approach personally is that I always try to stay dynamic and flexible based on the data and the chart in front of me. So if we fall below the short -term holder realized price, you're going to see me on podcasts. You're going to see me on Twitter sounding a little bit more defensive, not necessarily bearish, but willing to be patient and willing to kind of consider downside scenarios. If we stay above this level, I'm going to be coming on these shows saying, we're going higher, we're going higher, we're going higher. This is bullish price structure because it is. So that thesis might be wrong. Things can change. Markets are dynamic. We don't know what the future holds. So it's really important to kind of have, first of all, levels of invalidation and places that we can kind of stay dynamic based on data, based on indicators and based on statistics. And so as I look at this right now, I also want to highlight one other fact, which is that this short -term holder realized price, look at the slope of it. So in terms of the rate of change, that red level is grinding higher and higher. That is generally emblematic of a bull market because it indicates that short -term holders increasing are their cost basis over the past six months. And that's what you want to see in a bull market is people continuing to bid, continuing to bid, price grind higher, people keep bidding, and that short -term holder realized price steadily moves higher. If we look at something like the long -term holder realized price, we see almost the exact same dynamic taking place. It's much flatter. But if we really kind of zoom in on this level, and let's actually even go a little bit closer, we can see now that this is really starting to tick higher basically since August and September, right? So as this long -term holder realized price also starts to grind higher, again, this is very bullish for the long term. The last chart that I'll share with Bitcoin is I mentioned this 200 -day moving average cloud, but the one for me that's the most important is this 200 -week moving average cloud. So basically the exact same indicator, and we're solidly above that. Once again, I outlined this as a price target in January 25 ,000 and said, if we can get above there, it'll be very bullish. Sure enough, we broke above and we flipped it into support now several times. We've been writing this 200 -week moving average cloud as almost perfect support. We haven't closed below it all the way since March of this year before the banking crisis, right? So the fact that this is still working as dynamic support and it also has a positive slash rising slope is very strong for Bitcoin. And if Bitcoin is strong, as we all know, that creates a massive ripple effect throughout the entire kind of crypto ecosystem where good things can happen at the very least. I'll just leave it at that. And so I think whether or not you're someone who leans towards being a Bitcoin maximalist, whether you're a short -term trader, whether you're solely focused on investing in altcoins, you have to be watching these Bitcoin charts. And at the very least, they're all showing us bullish dynamics right now. So as far as I'm concerned, this looks fantastic. So do you see the move upwards similar to 2016 or a 2019 to 2020 type scenario? I know it's hard to predict that because like you said, the market's dynamic and we have to wait as the data comes in. But what does your gut tell you? Because as we discussed, we have these narratives, these strong narratives like the Bitcoin halving and as well as the Bitcoin bodies, which could send the price a little parabolic, maybe not to new all -time highs in the immediate, but in the short term, a strong move up. This cycle, in my opinion, is very different than prior cycles. I still expect to see the halving have a very similar effect. Everyone who I talk to, even people who are in the crypto ecosystem, a lot of people are dismissing the impact of the halving. And someone asked me recently like, based your on thesis with the halving, with these non -recessionary rate cuts, with the spot ETF approvals, doesn't everybody know all of this? Isn't this already priced in? And I was saying, I don't think it is because everyone is talking about, oh, the halving isn't going to have as much of an impact as it had in the past, if any impact at all. People are debating if the halving is even a useful indicator for price or a catalyst for price. Everyone knows about the spot ETFs, but a lot of people aren't really sure. I saw someone recently talking about, hey, Canada has had a spot ETF for over a year. How come that hasn't created? So even still, there's all this concern about whether or not the spot ETFs are going to have a catalyst for moving higher. And I don't really think too many people are talking about non -recessionary rate cuts in the third quarter of next year. So in my opinion, not much of this is really priced in yet. And I think one of the big kind of takeaways, so let me just tie this back into your question, which is what kind of cycle does this mimic or mirror? If I would pick any of them, I would say 2019, just because the risk of a recession is still there. So if we think back to 2019, we bottomed in December of 2018, and we started to move higher from there. And then COVID happened. We have some exogenous recession, which brought price down significantly. We fell from over 10 ,000 back down to 3 ,500. We could still have one of those scenarios. So I don't want people watching this to just hear me come on here and just sound like it's up only from here. We still have to consider downside scenarios. And so I would say maybe 2019 is most similar. But in the event that we can avoid that recession, get those disinflationary rate cuts, and then we have the halving catalyst plus spot ETFs coming online, I think one of the big takeaways that I had from that whole coin telegraph debacle was that we had a $5 ,000 candle in 15 minutes on unverified news. And so the thing I've been encouraging people to think about and ask this question is how does price react to an SEC press release, if not a press conference, about spot ETF blanket approvals? How does the market react to, in a sustained manner, to verified news about this getting approved? How does the market react to BlackRock really coming on TV every week, every month, pounding the table on Bitcoin, advertising, calling up wealth management shops, the whole nine yards? I mean, I used to work in wealth management. We used to get hounded all the time by these ETF companies and their sales reps to talk about their products. They wanted to take you out for lunch, this, that, and the other. So what does that look like with BlackRock, with Valkyrie, with ARK, with Wisdom Tree, with all of these companies coming out promoting their spot Bitcoin ETFs? And so if we had like, let me tie this back now because I'm going on my soapbox tangent because I get so excited. If we had a $5 ,000 candle in 15 minutes, genuinely ask yourself, what does that market environment look like when we get a formal announcement, press releases from the SEC, press releases from BlackRock and all these ETFs, so on and so forth in a sustained manner? And so I think if and when that does happen, this market environment, or that market environment is going to look completely unlike what we've ever seen in the past. Yeah, it's a good point. I've been also thinking about that. Once that news goes live, what's going to happen, right? It's going to be euphoria, people are going to go a bit nuts, but also in the back of my mind, I'm cautiously optimistic because I see in the macro, look, the stock market doesn't look that strong. It looks a little bearish. In addition, you have these economic factors where debt is at an all time high, not just for the government, but for consumers, credit card, and it seems like something's going to break. I'm not saying I want that to happen. It's just, it feels very 2008 -ish, not with the housing market, but personal consumers and their credit card debt and car loans and so forth. So I'm like, how can these two things be running in parallel? But maybe like you said, it's a completely different time. The Fed and the central banks can print money and artificially inflate certain things where they can inject money behind the scenes. I don't know, but this is where all my thoughts are. And I'm like, hmm, I don't know what's going to happen next. It's tumultuous for sure, right? And I think generally I had a very defensive kind of outlook on what macro was going to be this year. And I think everyone, regardless of what their preconceived notions were going into the beginning of the year, should be pleasantly surprised at the resilient nature of the economy, of the labor market, of the US consumer. You talk about consumer debt, but what most people don't do is divide that consumer debt by personal disposable income. And that level is at historic lows, right? It's certainly creeping up higher, but on a relative basis, relative to income, that debt is very, very manageable, actually. And I saw so many headlines about this a couple of months ago about consumer credit cards crossing $1 trillion in balances. There's still well over $2 .5 trillion in unused credit card amounts. So basically, these consumers have the ability to tap into much, much more credit if they actually wanted to and needed to. And so the fact that we're simply at a trillion in and of itself is not reflective of a negative economic environment from my perspective. And look, I'm someone who used to be a hardcore gold bug. I used to be a massive advocate of Peter Schiff and what he used to talk about. And so I used to be extremely concerned about things like deficits and credit and the Fed's money printing until you realize that it really doesn't create actionable investment advice. And at the end of the day, I think you have to ask yourself and look in the mirror, are we here to be right or are we here to make money? And so if you're a trader, you're certainly looking to be both. If you're going to make money, you almost intrinsically have to be right. But I think if you're going to have your focus be on macro, I see so many people who have really pigeonholed themselves into a corner about being very bearish. And it's that classic phrase about the broken clock can be right twice a day. And eventually, those people will be proven correct. We are certainly going to have a recession. It's just a matter of does that recession happen six months, 12 months, 24 months or 36 months down the line? And if it does happen somehow 36 months down the line, what do asset markets do over the next 36 months? So what, are you going to stay sidelined for the next 36 months because you think a recession is coming? I mean, be my guest. That's not how I'm going to invest and allocate my personal portfolio. So for me, I stopped paying as much attention to that. And I started kind of approaching it from almost like a first principles perspective and kind of diving a little bit deeper into these numbers and starting to realize those talking points are exactly that. They're bearish macro doomer talking points. But again, I don't think that they actually provide actionable sound investment advice, I guess you could say. Yeah. And that's a great point, Caleb, because I look back at 2020 when the economy got shut down, yet markets were pumping. I mean, it's almost surreal, right? When you think about it, stock market was going crazy, Bitcoin and the crypto market was going crazy in a period where there was panic, fear and shutdown, right? So to your point, yes, those things exist, but you can't focus too much on them and there's not usually that many actionable items from them. Sure. And I think the biggest takeaway from this mini conversation that we're having here on macro is it's really important to remember, and I've talked about this in the past, the stock market is not the economy.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1454: How Much Will 1 Bitcoin be Worth By 2025? - Fidelity
"In today's show, I'll be breaking down the latest Bitcoin technical analysis, as we're currently pumping, looking to retest 36 G's baby. And quoting the high priest of Bitcoin, Max Keiser, Bitcoin separates money from the state, defund monarchy, defund the central banks, Bitcoin fixes this. He also predicts rate cuts will boost Bitcoin to his $220 ,000 target, send it, let's freaking go. Also breaking news, Bitcoin ordinals see a resurgence on the Binance listing, we'll also be discussing Caitlin Long's Custodia Bank officially launches her Bitcoin custody platform, as well as Hong Kong is now considering crypto ETFs as part of an effort to become the leading digital asset hub. I'll be breaking down this latest report, as well as the latest regarding Bitcoin ETFs and the fresh surge of capital incoming. We're also going to be discussing one of the largest asset managers in the world, which is Fidelity, currently with four and a half trillion in assets under management, exactly how much one Bitcoin will be worth by the year 2025, according to their head of macro, Jerry and Timur. Now that we have had a new price pump, this is a brand new prediction I have never shared before. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's crypto news alerts .net. Welcome everyone. This is podcast episode number 1454. I'm your host JV and today is November 7th, 2023. We have lots to cover. Let's kick it off with our market watch as we do each and every day. As you can see on your screen, we got Bitcoin back in the green, looking to retest 36 ,000 and creeping towards that target while Ethereum, BNB and XRP are currently pulling back and in the red. And checking out coinmarketcap .com, the current crypto market cap is on the climb as well at 1 .34 trillion dollars with roughly 45 and a half billion in volume in the past 24 hours. The Bitcoin dominance a little on the decline here today at 51 .8 % and the Ether dominance has been dropping as well, currently at 17 % even. I'd love for you to tell me in that chat, how high do you feel this Bitcoin dominance is likely to climb for this cycle peak? Let me know. And checking out the top 100 crypto gainers of the past 24 hours, we got the trust wallet token leading the pack up 9 % trading at $1 .79, followed by Solana up 9 % trading at 44 bucks, followed by Kronos up almost 8 % trading just under 8 cents and checking out crypto bubbles so we can see the top 100 gainers of the past week. Kind of a lot in the red right now, but we do have a handful in the green as well. BNTWT up 9 % and PLS up 6 .4 % and TON up 6 .7 % with the biggest loser being WeMixed down almost 19 % and checking out one of my favorite indicators, the crypto greed and fear index shows we're currently rated a 68 in greed yesterday was a 74 last week a 66 and last month a 50 dead in the middle, which is neutral. So there you have it, fam. How many of you are currently bullish on that king crypto? Please let me know in that live chat. So let's just kick it off into high gear and let's break down today's Bitcoin technical analysis. Check out the charts where the Bitcoin price action is likely to go next. So here we go. Check it out. You're looking at the Bitcoin one hour candle chart here. Bitcoin fell towards 34 .5 November 7th as analysts attention turned to mushrooming the open interest data from coin Telegraph and trading view showed Bitcoin struggling to reclaim 35 ,000 to support Bitcoin lacked clear direction into the Wall Street open, but market participants predicted the volatility would soon return. The reason they said was a sharp increase in open interest on derivative markets, quitting them here, almost 10 ,000 BTC worth 350 million in open interest added today, according to financial commentator Ted talks macro now coin Telegraph open interest reaching elevated levels has coincided with bouts of volatility in the recent months. Current levels total nearly 15 and a half billion at this time. And James van Stratton research and data analysts at crypto insights crypto slate described the fluctuations as noticeable, quitting him here. The CME exchange preferred by institutional investors has achieved a new record in open interest with 105 ,000 BTC contracts open valid at $3 .68 billion. Finance has edged past this figure would open interest of approximately 113 ,500 BTC. This trend points to increasing involvement in Bitcoin futures, hinting at either a positive shift in the market mood or a move towards protective strategies by the investors. Now the sense of uncertainty over how the open interest phenomenon would play out was shared by J .A. Martin, a contributor of on -chain analytics platform crypto quant as he shares here on X Bitcoin on the low timeframe. The open interest on Bitcoin futures is ramping up. Certain apes are taken significant positions, but it is unclear to me whether they're going to short or too long. Now in his analysis, he suggests the open interest was now in a territory that had previously seen 20 % of the Bitcoin price drawdowns, quitting him here historically, whenever this metric surpassed 12 .2 billion, it resulted in a minimum 20 % decline of the Bitcoin price. That interest open deserved significant attention. Now continuing this current pump, we have 36 ,000, which I think we're likely to retest here shortly as we started pumping right before I went live. According to school analytics, Bitcoin's looking like a short covering bounce here. Some open interest is coming off the lows here too. Word up and good to note. And going back here, let's see what other analysts we can quote here. We also have material indicators who shared the following. Calling a local top at 36 ,000 doesn't mean 36 ,000 is off the table this year. But the metrics I'm looking at indicate that at the very least it is off the table for this week. He says that call also doesn't mean the price will free fall back to the prior 25, 28, five range. But if a bull breakout isn't validated for this month, that range low is critical. So there you have it. I disagree with this analyst. Clearly, we're pumping right now and I feel we're likely to retest 36 ,000 potentially here today. We shall soon see. And quoting Max Keiser, the high priest of Bitcoin, he says, Bitcoin separates money and all that gold from the state, defund monarchy, defund the central banks. Bitcoin fixes this and he's responding to this news here. The king delivers the king's speech from the throne in the House of Lords chamber. The speech is written by the government and sets out the legislative agenda for the new session. Max Keiser also wrote here in regards to this tweet, the Fed doesn't want to talk about rate cuts, but Wall Street is sniffing out an increasing likelihood of just that. Six months ago, if the economy had fallen off the cliff, the Fed's hands were tied and it couldn't cut rates. Well, now it can. And Max Keiser responded, the rate cuts will boost Bitcoin to my 220 ,000 dollar target for sure. We'll send it and let's freaking go. Let's dive into our next story of the day and discuss the latest with Bitcoin ordinals, which is their NFTs. How many of you have actually experimented or used Bitcoin ordinals before? Please do let me know. Ordinals is a BRC20 token collection minted on the Bitcoin blockchain, which surged 80 or sorry, 40 percent in the past 24 hours to $10 .19 after listing on the crypto exchange Binance. And according to Binance's November 7th announcement, traders can now trade ordinals against Tether. Now, Bitcoin and the Turkish lira as well, Binance claims that it did not charge developers any listing fees for the already token and that withdrawals will now open November 8th as part of the initial incentives. The first 1000 users who deposit at least 72 already to the exchange receive 50 USDT trading rebate voucher, quoting them here already is a relatively new token that poses a higher than normal risk and as such will likely be subject to high price volatility. Word up. Now, the Bitcoin ordinals is a numbering system that assigns a unique number to each individual Satoshi or one 100 million of a Bitcoin, enabling tracking and transfer and combined with the inscription process, which adds an additional layer of data to each Satoshi. This allows users to make unique digital assets on the digital Bitcoin blockchain. The current token listed on Binance already is not associated with developers of Bitcoin ordinals. Good to note. Invented by Web3 developer Rod or more in January, BRC20 tokens have surged in popularity of one of the largest technological advancements in a 15 year old block chain. Now, self custody wallet providers such as BitKeep now BitGet Wallet have enabled BRC20 token deposits as well as withdrawals since June. The total market cap of BRC20 tokens currently stands at one point three four billion dollars. So there you have it. Hi, fam. Let's dive into our next story of the day and discuss the latest with Custodia Bank now offering Bitcoin custodial services. This is actually pretty cool. And this is Caitlin Long's company. By the way, she's also very bullish on BTC Custodia Bank, a crypto friendly bank founded by Bitcoin advocate Caitlin Long launched its BT custody platform. The firm shared November 7th to announce the launch of Custodia Bank's Bitcoin custody service targeting businesses like fiduciaries, investment advisors, fund managers and corporate treasurers. The launch comes soon after Custodia Bank earned approval from the Wyoming Division of Banking to go live with the service. The announcement notes and announcing the news, Custodia Bank emphasized that the platform is a non lending bank built by Bitcoiners that offer segregated custody accounts on its custom built Bitcoin custody platform. The statement said Custodia Bank offers integrated Bitcoin custody and U .S. dollar services all on one platform designed to simplify the user operations while reducing risk. Here's what they shared. Since we built our Bitcoin custody platform in -house, we are especially grateful to those willing to help us by providing user feedback. Now, Custodia Bank's approval from the Wyoming Division of Banking follows a series of regulatory challenges for the firm. Back in January of this year, the Federal Reserve Board rejected the bank's application to become a member of the Federal Reserve System. Not surprising, right? Saying it was inconsistent with the required factors under the law. The Fed subsequently denied Custodia's request to reconsider its membership application in the system. That's just straight wrong. In a detailed report back in March, the Fed's board said the decision to reject Custodia's app was due to concerns about banks with high concentration of activities related to the crypto industry. Hence why they don't want it. They don't want to support crypto, fam. It's clear. Custodia Bank opened for business in August of this year, though the Fed has blocked much of its proposed business model, which doesn't come as a surprise. Founded in 2020, Custodia is a bank aiming to bridge the gap between digital assets and a digital asset custodian. The firm was formerly known as Avante Financial Group and is based in Cheyenne, Wyoming. Custodia Bank did not immediately respond to requests for comment, but hey, it's definitely a good sign that adoption is coming and banks will be integrating Bitcoin or they're just going to get left behind. So hopefully many major banks follow in the footsteps of Caitlin Long's Custodia Bank. But let me know, fam, how you guys feel. And a reminder, only keep in the bank what you're willing to lose at the end of the day. Because what if there was a bank run? Even with it being FDIC insured, they don't have the money to give it to everybody. Hence what happened earlier in the year with the regional banking crisis and what happened in return to Bitcoin. We started pumping. In fact, Bitcoin's up well over 100 percent since the start of the year. And I feel we're just getting started. All right, fam. Now let's dive into our next story of the day and discuss the latest with the ETF news coming out of Hong Kong, which I know is not in the mainland of China, but still considered a part of China. And I think we're going to have ETF adoption not just in the United States, but clearly in Asia as well as in the Middle East, because in all markets they're seeking it and competition definitely a good thing, especially when it comes to these ETFs. So let's break down this latest report. Hong Kong is reportedly weighing the possibility of allowing the spot crypto ETF in a Bloomberg report. The Hong Kong Securities and Futures Commission CEO, Julia Leong, outlines what it would take for the spot crypto ETFs to be authorized in the city -state, quoting her here. We welcome proposals using innovative tech that boost efficiency and customer experience. We're happy to try it as long as new risks are addressed. Our approach is consistent regardless of the asset. So according to Bloomberg, Hong Kong currently only allows future based crypto ETFs and among the listed products includes the Samsung Bitcoin futures active as well as the Bitcoin and Ethereum futures ETF issued by CSOP Asset Management. The possibility of a spot crypto ETF getting approved in Hong Kong comes at a time when Hong Kong's ambitions of becoming a leading digital asset hub are in high gear. According to the report earlier in the year, Hong Kong rolled out a virtual asset regulatory framework and on the crypto regulatory framework. Here's what she shared, Hong Kong's comprehensive virtual asset regulatory framework follows the principle of same business, same risks, same rules, and aims to provide robust investor protections and manage those key risks. This will enable the industry to develop sustainably and support innovation. Also reports emerged in June that Hong Kong Monetary Authority pushed for banks in the city -state to offer their services to licensed crypto exchanges. It was also reported in February that China was supposedly in support of Hong Kong's plans to allow both institutional and retail investors to trade in crypto assets. So there you have it, fam, mass adoption. Let's freaking go. We all know there's trillions of dollars sitting on the sidelines just awaiting that spot Bitcoin ETF approval. And once we get that green light game on, it will absolutely be a game changer. But anyways, fam, now let's discuss Bitcoin ETFs being we're discussing them already. And it's on everyone's mind right now before we break into the latest prediction from one of the largest asset manager, Fidelity, who currently controls four and a half trillion in assets under management. Let's first discuss these BlackRock ETFs and ETFs from some of the other asset managers. Here we go. The launch of a spot Bitcoin ETF from BlackRock is a highly anticipated event in the crypto industry. I'd say the biggest, most anticipated event next to the Bitcoin halving. You know what I mean? It's expected to provide unprecedented institutional access to the crypto market, representing a significant shift from leading banks and promising substantial capital inflows. These developments will eventually change the industry and kickstart the new market cycle. What we're seeing in the market at the current moment is still speculation by the whales, some traditional firms and industry insiders. Now, while the move towards the ETF app approval is a positive development, the price discovery mechanism for Bitcoin is typically driven by derivatives like perpetuals. Let's keep in mind that these are leverage orders that can be liquidated with the right catalyst, whether on the upside or doing a pullback as traders take profit or leverage longs get liquidated. This means that recent price hikes post announcements weren't necessarily caused by a fresh inflow of institutional capital. Though that will happen eventually, they were actually caused by speculation around ETFs driven by people already plugged into the crypto space, including the whales, quoting them here. An ETF approval means that there will be an exponential increase in the amount of capital with access to BTC. That's right. And spot ETF. Unlike futures, there is true price discovery, so there will be no market manipulation. So we should still take this as a sign of institutional interest. It is not unlikely that the capital that kept Bitcoin outperforming traditional assets came from the large institutions or savvy allocators of capital buying ahead of the positive ETF news. CME futures are dominating the crypto future markets right now, suggesting that indeed it might be more traditional institutions that are speculating. These are some of the players that have entered the room in the previous cycles, bull run or not. This kind of activity is par for the course. Now, how capital from Bitcoin ETFs will eventually trickle down? Let's discuss it. We should still pay attention to the possibility of fresh capital coming in. Former BlackRock managing director Stephen Schoenfeld stated at CC Data's Digital Asset Summit in London that an ETF approval can bring 20 billion dollars into Bitcoin. While we all know that's extremely conservative, I'm looking at trillions pouring into the King, just saying. While Alliance Bernstein, the global asset management company, expects the BlackRock ETF approval to drive the crypto asset management way up, all the way up. Now, ultimately, an ETF approval means there will be an exponential increase in the amount of capital with access to BTC. This simple change will be greater than any other development in the market's history. This arrival of capital will come over time as more and more investors and asset managers digest the news, deciding that an allocation is not only responsible, but absolutely necessary preach. Likewise, the adoption of this financial product will take years as institutions such as broker dealers, banks and RIA's undergo due diligence and other processes before they can even offer Bitcoin ETFs. It will also hinge on the arrival of key players such as market makers that are an essential factor in building investor confidence. The role of the market maker is vital to ETFs. They are responsible for creating and redeeming new shares of an ETF, a role designed to keep its price tethered to the price implied by the value of the ETF holdings. Now, finally, we have the question of what a Bitcoin ETF means for the rest of the crypto market beyond Bitcoin itself. Market cycles have historically moved from Bitcoin first to ETH second and then cycled into the smaller altcoins or more exotic projects. This time around, the effects might be less direct, but still obviously noticeable. It is true that a rising tide is not guaranteed in the aftermath of the ETFs going live as the new inflow of capital will not come in the form of direct ownership of BTC. Investors who choose that instrument won't easily be able to change or diversify their exposure to other crypto assets until more ETFs are introduced. Now let's break into our featured story of the day and discuss what will one Bitcoin be worth in the year 2025. While Fidelity's head of macro, Julian Timmer, makes this prediction with an exact number. There's a brand new prediction I've never shared before, so let's break this one down, shall we? A massive shout out to everyone in that live chat just joining us. Fidelity Investments global macro director, Julian Timmer, is updating his outlook on Bitcoin following the latest Bitcoin price surge. He just shared on X to his almost 200 ,000 followers. The Bitcoin can soar beyond $96 ,000 by 2025 due to two main factors. He lays out a scenario for Bitcoin's price performance in the coming years based on retail interest rates, which is the interest rate minus inflation and the Bitcoin adoption rate, which is based on historical Internet adoption. Quoting Timmer here, with Bitcoin moving up once again, will its adoption curve accelerate as it did a few years ago? And how does the macro trend on rates affect it? Here's the data to consider. Here you go. I show a fair value band based on both the slope of the Internet adoption curve and the path for real rates. The bottom boundary assumes that the treasury inflation protected securities real rate of 2 .5 % and the upper boundary assumes negative 2%, which is where we were in 2021. The macro can speed up or slow down the adoption curve, which we have seen play out recently as outlined here in this chart. And looking at the chart, the analyst predicts the Bitcoin price would hit the lower bound of 41 ,000 in 2025 if the TIPS real rate remains as high as the current rate. However, if the real rate declines to what it was in 2021, the price prediction would soar to $96 ,210 in 2025, which is a 175 % increase from the current value. Now let's read his thread, which he shared here on X. I also got to throw out there, he also is predicting a $1 billion Bitcoin price by the year 2038. So by 2025, yeah, a little conservative, but extremely bullish for the long haul on Bitcoin. And I know I've covered that previously here on the show. How many of you have heard the billion dollar price prediction from Jerry and Timmer as I have covered it here? Let me know in that live chat. But anyways, let's just break down what he did share here in the thread so you can see the full discussion. Here we go. Above, I show the fair value, as I mentioned a little earlier. He also mentions the macro can speed up or slow down, which we have seen play out recently as outlined in the chart. He also says, assuming for a moment that Bitcoin will mature into an asset class that plays on the same team as gold and silver, how should we think about where it should sit in a 60 -40 portfolio and what would be a reasonable position size? Great question. Here's what he says. The good news for Bitcoin is it is an annualized volatility down from its 2018 peak, although at 58 % is still head and shoulders above traditional asset classes. That's right. There's no asset in which can compete with the king crypto because Bitcoin is a hedge against inflation as well as a hedge against deflation. It's a store value. It's incorruptible. It's unconfiscatable. And guess what? Gold can't compete either. He also shares here even better is 52 week correlation versus the S &P 500 had declined steadily and is now actually negative. More on the Bitcoin outlook on the next thread. And I highly encourage you to follow Jerry and Timmer. He shares a lot of good threads here, especially regarding Bitcoin and what's happening around, you know, the ETFs, the Bitcoin halving, the macro and all of these TA, which is technical analysis. You know what I mean? Let's see if I can find another good thread for you. He has quite a lot and he's very active as well. Here we go. Here's a good thread right here. He mentions continuing the discussion for my recent thread on Bitcoin. Let's talk about Bitcoin as a store of value. Yes, please. Let's talk about this. Shall we? Gold is delivering solid risk adjusted returns remains hard to beat above. We see that gold has one of the best sharp ratios out there, but Bitcoin is respectable as well in line with other major asset classes. This chart is based on monthly returns because it broadens the universe of alts. In this case, alt such as managed futures and equity long, short hedge funds are the less liquid variety, which broadens the mix while improving their returns. And below is a ranking of correlations to the S &P 500 based on monthly data of September. Bitcoin still has a positive correlation to the equities, but less than many other assets as outlined right here in this chart. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in our live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Tech Path Crypto
A highlight from Cardano Summit Was Embarrassing Full Recap_01
"All right, so you guys asked for continued updates on a lot of these projects out there. Cardano is one that we're going to be doing today on their full summit and a breakdown of everything Charles was releasing, give you guys a full array of clips, much like what we did for the Breakpoint deal for sure. We'll just get started. I think you guys are going to love it. My name is Paul Baron. We'll come back in the Tech Path. All right, let's start off with a tweet. This came over from our friends at Digital Asset News for Ghostchain. They sure can throw a party. And of course, right there it is, man. If you look at what's happening at the summit, I've got some photos. One thing is for sure, this is a fantastic location. I love that over the water. Look at the size of this audience right here. These guys really did a good job there. Not bad. There's a lot of people there too. So very, very interesting to watch, you know, in the sense of seeing the clips kind of come together. Just to give you guys an update where Cardano has been here recently, this is the one -month chart right now, 35 % up on the one -month chart. Now, I want to get in on this first clip. This is Charles talking a little bit over about what has been going on over the past seven years. Let's jump to that clip. Welcome to Dubai. Oh, come on, that's not passionate. We had a great vision. We had kind of three principles here. Scalability. We cared a lot about it. Second, we had this concept of governance. And the third idea was interoperability. So if you think about what we've achieved over the last seven years, all these billions of transactions, millions of currencies, NFTs and other things issued on chain, hundreds of dapps, we have all these cool things that are either being incubated or already reached main net. So there's people from the Hydra project here to allow us to scale. We have roll -ups, all kinds of cool zero -knowledge structures, things like that. And when you look at this whole thing, you say to yourself, over the coming months and years, we're going to be all right, we're going to be okay. All right, so I want to jump to this next clip. This kind of jumps into a little bit about Hydra itself because he was kind of focusing in on that one. Let's take a look. There are a few people over the internets who are claiming that there's a great degree of dishonesty for myself in particular, but others in our organization about the throughput of Hydra. Three years have passed. We've all learned lots of things. So what does a thousand TPS mean? Would make sense in a video game. It would make sense in micro tipping. It makes sense for a variety of off -chain applications, but that's not where Cardano's at. So what happened over a three -year period is that Hydra pivoted a little bit and it pivoted into let's build some middleware. People kept trying to advertise in 2000, we have this many TPS and we have this many TPS. What we were trying to say is that's not how these systems work in practice, but we're also looking at roll -ups as an ecosystem, sidechains as an ecosystem, and yes, evolutions of Hydra because you don't have a channel that's running, I guess, spam transactions a thousand per second. Obviously, that's a failed project. Okay. Well, who needs that? Where's that going to come from? What use case is currently in the system that requires that level of throughput? So when people run around and say Hydra has failed, we lied about Hydra, there's no way to achieve any of these performance claims that are said, well, then what they're really doing is they're taking the hard work of dozens of people and everybody building on it and they're saying it just doesn't exist. There are almost 200 papers behind Cardano, a massive ecosystem of researchers and engineers. Were they all just wasting their time? Were all of them just doing nothing? Bitcoin would die to have what we have. And frankly, Ethereum is chasing it and they can't get there because of poor design decisions with the EVM and the account model. It's very easy through sidechains for us to borrow what they have. It's a lot harder for them to get what we have. Again, TPS, yes, I believe it does matter. It's going to be the ultimate game, I think, across all blockchain because at some point we are going to get into a scenario where transactions per second will be the most critical asset that any chain is going to represent. And we've already seen some scenarios of other chains out there that have been able to accelerate past that significant. I don't know if I would consider Hydra a failure, but would you? Would you look at Hydra and say, okay, it just isn't where they thought it was going to go. They talked about it. It did have to change. I'd love to get you guys' feedback. Let's go into this next clip, which is more around the governance of Cardano. Listen in. This year, a huge amount has been done with SIP 1694. It'll get done in one way or another. Might not look exactly the way that everybody thought. Might look that way. The point is that just like scalability, it's no longer a question of can we do this. We'll figure out a way to get good on -chain governance. Turns out that the things around cryptocurrencies are incredibly hard. There's a lot of moving pieces to them. And they're talking a lot about the roadmap of Cardano. So things like the budget, what ought we spend money on to be approved by the government of Cardano? If you want to speed it up, are you okay with spending another $10 million? Maybe five, two and a half, split the difference. Y 'all want Circle support, maybe we pay them. There's lots of stuff there, a lot of moving pieces there. It's complicated stuff. This is Cardano. This is one of the OGs in terms of the crypto space. In fact, probably should be one of the most advanced chains out there overall in terms of collaborations, partnerships. All those things should be well on their way, much like what we've seen with some of these younger chains. If you look at Solana or even Avalanche, both of which have been able to accelerate in their respective areas of interest, I should say. And then obviously the growth of Ethereum, it's not even a comparison. But I think the key here is you have to achieve it and you do have to integrate these kinds of collabs and or these integrations where this stuff starts to expand. And it does get the community on board. I think people would jump on board and maybe I'm wrong on that. Let me know if you guys think that. There's another clip out here that I want to go to. This is a Twitter space example of the community itself and what they were thinking about the current state of Cardano. Listen in. One thing inherently has been a curse for Cardano is our marketing capabilities. Like they're not interested in coming over here because every time I look on my Twitter feed, I see you shooting shots at somebody, so I'm like, goddamn, how is this supposed to work? Well, you know, I feel your pain, man. I really do. And then to have people say we're just a wallet and just to babble like incoherent idiots on Twitter and these other places and reduce it to like a Cardano versus Ethereum, dude, we're not competing with Ethereum. We're not competing with any of these things. We changed the entire game. Cardano is playing a completely different game. All right. So again, back to Charles, I would love to learn what the game is that they are playing because I feel like that most of the initiatives out there within blockchain are fairly clear. Yes, there's been a lot of things that Cardano has put out there that they've been able to achieve to a certain level, but there's also been a lot that they have not been able to get to. So it's kind of an interesting situation. And they're a community member kind of talking about we need to kind of ramp up the front facing side of Cardano. This next clip goes into interoperability. This seems to be one of the biggest things. But back to that clip was that they are. There's also always so much, I would say, discussion coming from Charles, in many cases knocking these other chains. I'm kind of curious if interoperability is impossible. Listen in. And this is really the core of what I'm talking about today is this idea of interoperability. This is something we don't talk too much about and we ought to. Interoperability is the difference between living on an island and living in a world. Interoperability is the difference between your software working and your software not working. We said, hey, this is a problem. We need to solve that. So we saved the best for last. Now let's solve interoperability. Let's teach the rest of the space how to do that well. What else did we do? We looked at Cosmos. We had a whole team of people doing diligence there. And we said, you know, if we take all these guys here, these things, Fabric, Mamba, the EVM stuff, the Yella stuff, if we really squint our eyes and think deeply about it, maybe just maybe we start pulling some things together. And you know what I said? It would be really cool to have a flagship product, something very special and very unique to showcase the power of that type of system. And we call it midnight.
Tech Path Crypto
A highlight from Cathie Wood Questions Bitcoin | Ethereum Rally Incoming
"All right, so let's get into Ethereum today. Is a rally incoming? After some interesting performance over the weekend, we're going to break it all down for you. My name is Paul Barron. Welcome back in the Tech Path. Before we get started, I want to thank our sponsor, and that is iTrust Capital. If you're looking at long -term holding or maybe going into a crypto IRA, one of the best things you can do is check out iTrust Capital. And, of course, you can get into Bitcoin, Ethereum, a whole slew of altcoins, as well as precious metals. So there's a lot of options over there that you guys do have. And there's no fees monthly, you're just doing transaction fees for when you're doing something inside your account. So make sure and check it out. It is a link down below. You get a $100 funding reward if you use our link, and it works out for you guys. Let me know. All right, so let's get going here on a couple of things. I want to jump over to an article on the block. And this one is really just hitting on the whole issue around inflow. $767 million six -week streak, ETH, of course, now seeing the largest inflow since August of 2022. A couple of points within the article. Come and zoom in on that one right there. Digital asset investment products as asset managers, such as CoinShares, Bitwise, Grayscale, 21 shares, et cetera. The funds have been adding $261 million to $767 million over the past six weeks. So pretty big deal considering this passes or surpasses all of the inflows we saw in 2022. And I think you can kind of see the chart right here of the inflows. What is it that is happening that's causing this? Some people would look at a couple of things. One of course is the movement on Bitcoin as an ETF, because could that mean that Ethereum could get an ETF? Or does Ethereum move in unison like it has in the past with what Bitcoin is doing? One other thing that was in the article here is if Ether crypto funds generated the most inflows since August. One of the things here though, this of course total $17 million, a significant turnaround from $107 million in outflows that they face this year. So that's another factor I think that plays into this. I don't know, when you guys, and I know I'm a big investor in Ethereum. I get behind this project, I like the ecosystem, I like the potential of it. But I'm always questioning, are there other faster ones? Are there some other opportunities out there? There's a lot of different angles that you can go. But of course with ETH, one of the things to look at is a recent analysis on this is just looking at this potential bullish breakout. You can kind of see this downward wedge that's painted in by this analyst. And they've looked at a couple of points where it's bounced off this wedge top and has retraced down. But right now it's outperforming this, which is the point of where we've seen this $1 ,900 breakout. If it continues to fly over the $1 ,900, which is where it is right now, does this mean that maybe Ethereum is set to have its own little mini rally, much like what Bitcoin had going up to $35K? This is going to be a good one to watch. Hong Kong, of course, is now, their regulator is welcoming crypto spot ETF proposals. And a lot within this that I think is important. This is the SFC's chief executive, Julia Leung, said that the regulator will entertain proposals that boost efficiency and customer experience. And we're happy to give it a try as long as risks are addressed. Our approach is consistent regardless of the asset, she said. So basically what they're doing is they're talking about crypto ETFs. That to me is a pretty significant scenario, especially because of what's happening here, even within the United States, having so much struggle just getting a Bitcoin ETF passed, a spot ETF passed. I think this is an opportunity for Hong Kong to kind of plant a flag in the sand and maybe show that this can be done in a very responsible way. The Hong Kong Monetary Authority, HKMA, is also developing guidelines to help banks hold tokenized asset. This is another factor that I think we'll see a big ramp up on once we get an ETF underway and once the SFC starts to hopefully give some leeway on what's going to happen within the crypto markets. I think banking will be one of the next areas that will be on deck for sure. But let's not forget, there's still a lot of Ethereum FUD in the market. One of them, of course, is this article from Bitcoinist, Ethereum Insider Drops Bombshell, ETH Founders Fraud Bigger Than the FTX Fraud. Of course, we have to show this. Just to kind of show you, this is the attorney that was talking about this and I'll highlight this right here. Naroff said that the two Ethereum founders have allegedly orchestrated fraudulent activities regarding ETH blockchain and exceeded the scale of actions even by the former FTX CEO Sam Bankman -Fried. So, I don't know. These are the kind of things that I feel like within this market, there's always FUD. One way or the other, you're getting FUD on Bitcoin, you're getting FUD on Ethereum or any project out there. But I think if you're doing the research, you start to realize where these opportunities are. And when you ask the questions, it starts to reveal the answers. I want to jump over to a couple of clips here. And this is Cathie Wood asking questions and maybe revealing some answers to herself listening. Can I just ask a quick question? What would be the, what would be opposition to that? Any particular reason or is this taking off pretty quickly? For like stablecoins on Lightning or for integration into the service providers? Integration. So, I think on the integration side, well, the first thing is that there is no stablecoin on Lightning live yet. And so, hopefully you'll have like a USDC or a USDT that goes live. I think the second step is that if you're developing a predominantly for like an EVM environment, if you just do like EVM and Solana, you already have some like 90 % of the smart contract market share. And so, you really only have to do two things and they all kind of work like relatively in similar ways. Now, the clip here is of Cathie Wood and a lot of Lightning developers that are kind of addressing the issues and the questions she has in terms of expansion of the project, but also the functionality of it. And that is the thing that is interesting because it's relative to what's happening with Ethereum right now. And part of this is not only in adoption, because remember ETH, largest ecosystem out there, largest number of developers, probably the most apps, even though we've seen a lot of movement, both in Avalanche and Solana, but this next clip goes into the adoption of Lightning. Now, and this isn't about Lightning versus ETH, but it is about how Ethereum has a potential here as a payment architecture in the future. But listen in. Des, is this more of a developed world or is the developing world getting involved? I just don't know your business well enough. Yeah, I mean, I would, the majority of our users, I would say are in Latin America. So it is for us very much largely developing regions. All right. So as you can see there, they're talking about Lightning's deployment in terms of adoption. A lot of this happening in the emerging markets. We've known that even if you look back at the success that Bitcoin has had in El Salvador and also Lightning to a certain extent, because it's being used across Strike and other platforms that integrate with Lightning. But her question was pretty straightforward. Why are we not seeing these kinds of integrations on a global perspective in some of the major markets? Now, granted, we are not necessarily seeing that either within the ETH ecosystems. Now, granted within the ETH ecosystem, we're seeing a lot of dApps starting to develop and solve some of these challenges and these problems. And I think that's the thing that maybe Woods is getting to is trying to understand why we haven't seen the kind of opportunities that Ethereum has represented. So it's a very interesting situation, I think, with both Lightning and Bitcoin, along with the alternative, which really right now I would still say is Ethereum, even though Solana has a lot of potential, it still is an emerging layer one that does have a lot of use cases. But again, it's hard to match up to what's happened within the ETH ecosystem in such a long period of time. Now, granted, it doesn't mean it can't be done. There's still a lot happening there. I want to jump over to another article. Brian Armstrong says OnChain is the new online, as Coinbase beats their expectations with $674 ,000 in revenue for the quarter. And the internet was and is a game -changing technology that redefined our modes of communication. Totally agree with him there. Business and social interaction, blockchain and crypto are doing the same thing today. Totally agree with him there. Broader access to financial services and even changes how we think in identity, governance, artwork and non -financial services. All this is applicable. Here is my argument with what Coinbase and what Brian Armstrong is talking about. And actually, I think he knows this. And you know, I've talked to many of the Coinbase team and I feel like they all kind of get it in the sense that when you look at the birth and the growth of the internet, we never really addressed the monetary or the financial system. It was really more about the information system. Now what you're doing with Web3 and the evolution of blockchain is you're addressing both. You're addressing the information system and you're addressing the financial system. And that I think is going to be the challenge and it's the continuing challenge. That's why it's been so hard I think to get a regulation here in the United States is because it is messing with the one thing that most people have not messed with in the past and that is the money. And I think that's the scenario we've got to face. Last point he hits on was regulatory clarity. In the U .S. it's still a big hurdle. To my point, that is one of the biggest issues. Further in this, just to give you kind of an insight on this, SEC now is struggling to hire crypto experts because they all seem to want to hodl. I like that topic line. A couple of points from the article and kind of zoom in on this right here. Many qualified candidates hold crypto assets which the Office of Ethics and Council have determined would prohibit them from working on particular matters of effecting crypto assets. I don't know if you would get a crypto expert that wouldn't be holding crypto. So are they looking for a white elephant? I think they might be. It's very possible. And then when you don't have the crypto experts you can't really find the crypto bad guys? They're going to have to probably loosen up on those situations. Candidates are often unwilling to divest their crypto. Can you imagine that? I'm not willing to give up my Bitcoin, my Ethereum, my Solana so I can come work for the SEC. Interesting. Maybe they already know. The writing is on the wall. Let's go to another clip here. This is talking about developers also coming in from Cathie Woods. Listen in. One of the metrics we like to look at is the number of developers. Over time, the number of developers on Ethereum has really taken off. And while the number on Bitcoin generally has, it's still moving up, the slope had changed and flattened out. Have all of the developments that you're talking about on the Lightning Network changed that dynamic? Are we starting to see an inflection point with more Bitcoin developers here? Yeah, I mean, I definitely think so, especially when you think about like ordinals and all of those things. I mean, those are kind of those kind of came and they haven't went, but they're not as popular as they were. There was a hackathon recently. There was like 200 people that submitted ideas. And yeah, maybe they're not like building those out in full. But I think it's just it's I know it's nothing compared to the scale of Ethereum, but it's hard to build on Bitcoin. I think everybody knows here it's it's a little bit harder. I don't think it's ever going to have the same amount of developer interest as Ethereum because you can't experiment as much. You know, when we come to building games with rewards in them, you know, we're not messing around with like NFTs and tokens and all of this that just kind of complicate things. So I think in short, they're simply saying, yeah, this is not going to develop at the scale or at the pace in which Ethereum or other chains like it are developing on. But at the same time, I look at it and I think, well, other layer ones have been able to do this. We have Solana right here, you know, 7000 registrants, 907 submissions, participants from over 120 countries. This is what happens. I think this was the hyperdrive hackathon that they did. Tolle was talking about that in terms of the growth, but almost a thousand submissions here. This is developer, a developer ecosystem that is starting to explode, much like what you saw in the birth and the explosion of the ETH ecosystem. Those are the ones that I'm watching again, ETH is continuing to skyrocket and do these kind of things, which again gives it the opportunity to experiment, to try new things, to do things that really solve real world problems. That at the end of the day for blockchain is where it all matters, because if you don't solve real world problems, what are you doing, you know, what are you doing out there? Let's go over to another clip real quick. This is talking about Ethereum and Solana. Listen in. I think it's a little bit naive to be like, hey, everything else is a scam and this is the only thing that's not a scam. What Ethereum is trying to do is build a credibly neutral blockchain on which anybody can build whatever they want. And like even looking at something like Solana, like their values are really straightforward. They want to be the cheapest and the fastest. They just want to be an app platform. 99 % of the people in each of these things are building things that they want to build for people that they want them to use it. There's a small cohort in every community and the bigger community has it as well that talks and, nonsense you know, is scammy and misleads people. All right, so you kind of can see that there is a bit of a light bulb, I think, going off in Cathie Wood's head. Now, I know Cathie is big into Bitcoin, but I think maybe she is starting to look a lot stronger into these alternatives, including Ethereum, Solana and others that will kind of flow into that. One of the articles that kind of point to this, this is a repeat of the 2019 bull run crypto now in play amid Bitcoin and Ethereum surge. This is coming from Chris Berniski. Now, remember, Chris Berniski was on the ARK team, former head of crypto at Cathie Wood's ARK, and basically says right here, if Bitcoin ETH rip here and everything else follows, it's going to be just high enough for people to believe that maybe, just maybe all new time highs are around the corner before ending in a final wipeout. This would be Q1 2024. This will be interesting because if people are looking at this, because there are a lot of people that are kind of analyzing the current move here that's similar to 2019, to where we could see another kind of fake bull run, and then a drop in the market, and then an adjustment, obviously, post halving, to where we'd start to see some of this move. But right now, he goes on to say, predicts that Sol will continue to be the prime outperformer in the next market expansion. And he loves ETH, grew up professionally along Ethereum's rise, continues to support many Ethereum projects, so that's good. But this cycle, Sol has been and likely will continue to be the faster horse. I don't know, I'd love to give you guys' input on this. I'm still a big ETH fan, obviously Solana is surprising me daily, just with what they've been able to do. So, love to get your feedback, drop some comments down below. If you're not a subscriber of the channel, also hit the subscribe button, it's one of the best ways you guys can help kind of spread the word around what's happening in blockchain as a whole. I want to go to this last clip here.
Thinking Crypto News & Interviews
A highlight from 1 BILLION TETHER USDT MINTED TO PUMP CRYPTO? RIPPLE CEO & SEC GARY GENSLER AT DC FINTECH THIS WEEK
"1 billion in Tether USDT has been minted. What does this mean for the price of Bitcoin and altcoins this coming week? Also Ripple's CEO Brad Garlinghouse and SEC Chair Gary Gensler will be at the same Bank of International Settlements event this week. Will there be some mudslinging and sparks flying? Also Gary Gensler has not turned over the FTX documents as requested by Congress. Now that the SBF trial has been completed, will Gary Gensler be subpoenaed? Let's break it down. Bitcoin has been minted at the Tether treasury. It's valued at $1 ,742 ,500, folks. So what we've seen historically is when there's this type of huge minting happening at Tether, this money goes to the crypto market. And Bitcoin, as we all have been anticipating and waiting for, is ready to go to the next level and that could be at $40K or higher. And right now it's consolidating, it's building its support levels, it's going to continue to work its way upwards. The timing, no one has a crystal ball, so we don't know specifically when it's going to do that. So we just have to be patient and let the market cycles play out, both from the micro and macro standpoint. What we have been seeing is that Bitcoin is still looking bullish and altcoins have been popping off. So the liquidity is flowing from Bitcoin down to the alt. So for example, XRP is looking pretty strong. It's over $0 .64. It's up 15 .51 % from a 7 -day perspective. And other altcoins like Solano also performing really well, Cardano also performing really well. So Bitcoin hit its overbought scenario from the micro, the liquidity is flowing down to the alts, and then those alts will hit their overbought scenario. Then the liquidity will flow back to Bitcoin, Bitcoin will move up another leg, and then rinse and repeat. The liquidity flows back down to the alts. So as I've been saying, this is not a move to new all -time highs. This is just a retracement move. So I'm anticipating higher prices. That's not a guarantee. There's no certainties here, but we can form a thesis and make an educated guess and be ready to take profits as needed. So let's see what this week brings us, folks. But there's a lot of Tether or USDT in that Tether treasury. So let's keep an eye on this. Well, folks, Ripple CEO and SEC chair to headline DC FinTech week this coming week. So it's going to be very interesting. I'm actually very surprised SEC chair Gary Gensler is showing up to this. So the upcoming 2023 DC FinTech week has generated a lot of excitement with the crypto community as it's going to feature Ripple CEO Brad Garlinghouse and SEC chair Gary Gensler as key speakers as shared by the Bank of International Settlements recently. Now, from what I've seen, they are not going to be speaking on this at the same time or on the same panel. But as you can imagine, they're going to take shots. And I'm sure the shots are going to come from Brad Garlinghouse because he's already voiced a lot of his opinions on Twitter. And the Ripple folks are obviously pretty upset at the nonsense lawsuit. And we saw the lawsuit against Brad and Chris got dropped. Obviously, Ripple took the lion's share of the victory when it comes to XRP being declared intrinsically not a security. So it's going to be very, very interesting. And Gary Gensler and the SEC are not in the driver's seat right now because they've been taking losses across the board. Obviously, the big one too was Grayscale and with the Bitcoin spot ETF plus Coinbase and many others are fighting back. And we're seeing even some of these cases that have not wrapped up yet, the judges are taking the SEC to task, calling out their hypocrisy, their lies and much more, which we have been seeing is a trend. The SEC is not abiding by the law. They will lie and be hypocrites and much more when they're an agency that's supposed to have integrity, right? They're supposed to be the good guys trying to protect consumers, but clearly they have become the bad guys. They have lost their core mission of protecting investors and they've become very political and much more. So let's keep an eye on this, folks. This is going to be very interesting. So this is from November 6th to Monday through Wednesday or through Thursday, I should say through the 9th. So it will be very, very interesting to see how things play out here. Now, quick word from our sponsor, and that is Uphold. Uphold is one of the best exchanges out there. They have 260 plus cryptocurrencies. They are safe to use. You can also trade precious metals and equities on this platform, as well as 37 fiat currencies. Uphold has 100 % transparency when it comes to customer funds. They are reserved. They do audits and they don't commingle like FTX. So I can vouch for this platform because I've used it since 2018. I've interviewed the CEO, the CFO and much more so you can get Bitcoin and your top altcoins on Uphold. So if you'd like to learn more, please visit the link in the description. Now, folks, the other aspect that I think we want to keep an eye on, will Gary Gensler be subpoenaed? There's been a lot of threats on Patrick McHenry and so forth, and the subpoenas regarding the SEC not handing over the FTX communications and documents, because remember, Sam Beckmerfried and FTX officials met with Gary Gensler and the SEC staff multiple times while all the fraud was happening, folks. So talk about the cop on the beat who goes around with his chest out saying he's the cop on the beat and I'm here to stop all the bad guys. And the biggest bad guy committing historic fraud was meeting with you and you did nothing. There were rumors of the SEC trying to do with FTX what they did with Promethium and having that special broker dealer license or whatever it is that would be exclusive to FTX, which would essentially hurt the other players in the market, like Coinbase, like Uphold, like the other exchanges. Thank goodness that didn't happen. And thank goodness that the Promethium folks got exposed. They weren't even offering trading for Bitcoin and any other cryptocurrencies. So it was all a facade, all a lie. And Gary has not turned over these docs. And I'm hoping Patrick Henry and these folks issued a subpoena.
Spider-Dan And The Secret Bores
"each scenario" Discussed on Spider-Dan And The Secret Bores
"I know it's been technically been longer since I watched into the night. But with after hours, I can still remember each scenario. And I can relate to the certain things like when Catherine O'Hara is in he's trying to get the phone number for his friend. She is like 7, 8, 9, four, one. And trying to get annoying. He deals with that back then I would have done it. That moment he deals a bit on Ireland. I would have fucking snapped. But it kind of goes, oh, shit, I'm sorry. I didn't mean that. And this is getting towards the end of that as well. So he's already had several difficult encounters at this point. And he's just trying to hold it, and he's just trying to rein it in the entire night. And I love that he is just getting more and more on camps and he's more and more. And again, the kind of the inner turmoil is spilling out of him. Yes, kind of coming out, piling out. And then we get to the end where he's kind of just like, I just want someone to help me. I look like shit, but I just want to go home, I want this. Can you just want someone to look after him or be kind to him? Yeah, he does, but I still think, you know, he is still ultimately using that woman in the bar, isn't it? And I think that's where we're still supposed to be judging him for the fact that, oh, it's another vulnerable woman that he's going to try and use for his own, not necessarily here for sexual advances, though. I think it should take it very, probably would have obliged, but he needed something from her and he expects her to be able to help him. So I agree. There is an element of you that has sympathy, but there's still that edge.
CoinDesk Podcast Network
"each scenario" Discussed on CoinDesk Podcast Network
"From multiple different small businesses, entrepreneurs that had funds at some of those banks, they says, we tried to wire X amount, but this got stopped. And a lot of people were left in the dark over the weekend because we all know that wires take time. I believe it's 5 to 7 days or three to 5 days. So a lot of people's funds got stuck. And this also happened with circle. I believe they were able to wire out almost 40 billion, but 3.3 billion got stuck. So the fact that crypto was able to settle instantly, just shows the valid use case that we have and shows the power of Bitcoin and crypto and why exactly we're in this industry. And I think that people are going to start taking notice, especially after the catastrophic actions that happened over the weekend and how many people were scared. Jen? Yeah, I guess so I have a question, but I'll leave that to the end of my take here. CZ was really all over this as everyone was over the weekend. He tweeted that banks are a risk to yet backed, stablecoins, and also gave do Kwan a little shout out saying he had the right idea but failed miserably on execution. I don't know how I feel about that given the information that's come out about do quad. But I guess my question for you, Wendy is how should we be looking at this from a market perspective? These coins are obviously pumping because CZ prompt a $1 billion into the markets, right? How should just like the everyday person be looking at this? So what I tell my audience all the time is I say sit down, get your trading or investing journal, write the different pros and the cons of what action you want to take. You need to have an entry, you need to have an exit. You need to use disposable income. And you need to have a bullish and a bearish case for each scenario. And then you need to understand when you need to act on that bullish or pair scenario. I personally do not think that the market is going to fully recover. A lot of people are excited. There's a lot of money dumped in the market, but at the same time, we are in a very scary uncertain kind of area in the United States. Yes, the FDIC is going to come out and help some of these distressed banks. But at the same time, how are we going to be able to do that? Are we going to print more money or things going to get bad with the economy again? There's a lot of uncertainties out there. So I know it's exciting. People are making money, but at the same time, please make sure that you have trading or investing plan for a bearish scenario as well. Just in case. Jen, I like to mention of the dream that will never die. The decentralized stablecoin. Because stablecoins are absolutely critical, right? We heard Wendy is paying her a team in stablecoins, right? They shouldn't necessarily want that in a native crypto asset, right? She wants some stability to make that work for that payments use case, right? They're critical to the ecosystem for trading and for functionality. But they're also critically dependent on these huge banks, right? There's risks to these banks that exist outside of the purview of crypto, right? So whether it's do Quan or whether it's Arthur Hayes in a recent blog post saying, hey, we need to make a Bitcoin back stablecoin. That exists parallel to these systems rather than being deeply intertwined, which is what we're seeing now with circle, and which is what we might see with other institutions down the road, is that that remains to be like sort of the Holy Grail, right? How do you make this stuff work? How do you get these stablecoins that have this great functionality in the market? But can exist in parallel rather than entirely dependent on the traditional banking system. And I think this is going to be part of that aha moment where people are like, okay, yeah, do Quan may have been an alleged crook, right? But the dream makes sense. The dream makes sense that you need to be able to build the system insulated from the whims of the Central Bank, insulated from the whims of the banking regulators, insulated from the winds of these macroeconomic headwinds that are putting all these original banks in Dire Straits potentially. I think that is something that my anime a lot of building in the space going forward as crypto seeks to decentralize all the things in response to regulatory crackdown in the U.S. and now this I think is extremely clarifying in terms of why this piece of infrastructure needs to be built, whether that's by Arthur Hayes or someone else who knows. Well, I don't know, what are your last thoughts on this one? I definitely agree with you. I'm glad you brought that point up. Decentralized stablecoins are critical. Bring crypto into cash or cash into crypto itself continues to be the hardest problem with crypto, whether you are in a developing country or United States or in Japan or wherever you are, it's really hard to move Fiat into crypto or vice versa. And mainly in its regulatory issue. And then secondarily, it's an economics issue where these systems just don't seem to work very well together. And I think we're seeing with cygnet, signature networks, banking presence, and then silvergate and its presence, the collapse those two banks really just zeroing in on what the problem is with crypto and Fiat right now. And we're going to have to build alternatives, right? Those two systems from signature and slipper gate were built over the last few years. They don't exist anymore for all intents and purposes. They are gone. So we're going to have to build new ones. Hopefully some sort of decentralized stablecoin. But Jen will throw it over to you for our last story. All right, so the IMF wants to get into the action. They warned the G 20 nations that widespread proliferation of crypto assets could lead to banks losing deposits and curtail lending, the report called the macro financial implications of crypto assets was given to the G 20 in February but made public today again after the collapse of signature bank SVB and silvergate. Well, I'm going to toss this one off to you. What do you make of the IMF making this report public today? It feels unrelated, but they're really trying to get in there and say, I told you so, but really, did they tell us? I don't know how I think about this. I need to go read with the report. So we have a story up on this dot com is a summary of what they've issued. Yes, the timing is immaculate. Can you say it comes right after this whole banking debacle in the United States with a bunch of banks that had a lot of crypto customers. So maybe it was timed, but if you work in the media, you're working content that's also when you want to publish some things. So maybe they just snuck it out the door really quickly, even though they've been working on this for a while. That could be the case that being said, this whole stuff with the IMF and all these banking partners around the world. We've seen this for quite a while, right? So this is not a divergence from any sort of different discourses they've had over the last few years. Most notably, they've really punched down on El Salvador saying that they should not be purchasing Bitcoin in that they should be focusing on their internal save affairs with their loan books to the IMF. That's the story that really came up to me when I was looking through this recent headline. It's just a continuation of the past narrative. People in IF and the traditional system, especially government regulators, they don't like crypto. It's too volatile for them and they don't want that. That being said, if you're looking at the underlying facts, it does seem like this is more of a traditional banking issue with the monetary policy of the United States as opposed to just crypto. Crypto definitely had a part to play in this. I don't think that silver gate would be in the position it's in if FTX not exploded, but we do have a larger problem on our hands given all the other banking stocks are going under. Given that SVP is also going under. There's a lot of problems out there right now. And IMF is just taking this moment in the sunshine to say we told you so. Wendy up to you. They got it, folks. They got her. They silenced Wendy. They silenced Wendy. You guys silenced me on purpose. That's because I'm wearing the tinfoil crown. I knew it. No, honestly, I get the concern that crypto is a little bit risky, but in America you have to have a bank account to do anything. You need a bank account to essentially pay your employees to have a mortgage to be able to rent a place to pay your bills. All of these things. So the banking industry just can't dictate who gets to open a bank account and who doesn't.
Bloomberg Radio New York
"each scenario" Discussed on Bloomberg Radio New York
"Outlooks in the equity market was, well, maybe 26 years ago as well. She's chief market strategist for crossmark global of Texas and beyond Victoria, I have never seen the jumble of outlooks. You guys are in the trenches on this. What do you say to scared people moving into next year? Well, Tom, I think when we talk to our clients, we've been doing these symposiums around the country and it's their number one concern. What do we do for next year? And we tell them, look, you have to take a balanced approach right now. We know that when you look at the economy, we've got some positive elements going. The consumer is still strong. The labor market is still strong. You've got buybacks coming in. You've got seasonality. You have some things that are good foundations for the economy. And on the flip side, it's all the stuff you've been talking about this morning. We know we're going to have slow and growth. There's concerns about earnings estimates. We've seen EPS growth estimates come down by about 5 and a half percent so far this quarter, that's double what you typically see. There are concerns, obviously, you have a shallow recession. So you have to be tactical and have a balanced portfolio in order to take advantage of what's going on in the market at any particular time. We don't want to be too heavily weighted one way or the other. The concept back, how many times have you had that Philip Hildebrand of BlackRock, saying the following central banks are unlikely to come to the rescue with rapid rate cuts in recessions. They engineered to bring down inflation to policy targets. We are underway nominal long-term government bonds in each scenario in a new regime. Victoria, can you speak to that call from BlackRock? Yeah, so look, I mean, Jonathan, you know that I manage fixed income portfolios as well as being our market strategist and show in our portfolios. We've been extending duration. We've been going in to investment grade corporate bonds. Look at what the spreads have done just in the last month, ten year financial ten year bank spreads have come in almost 40 basis points. So we talked before about getting that duration in because we knew yields were going to come down. We thought spreads were going to come in and that's exactly what we've seen. Obviously, we think they'll probably be some more widening as we go into next year, but I still think it's a good place where you can invest because you're going to have steady cash flow and you have a maturity date, fixed income investors remember they have an out with their bonds, unlike in the equity market. So I do think that it's a place that you can invest. I think you'll get some good yield, some good cash flow and when you have a lot of volatility in the equity market, it gives you a place to hide a little bit. So in other words, you continue adding to the position, even though there has been this incredible rally. We do. I think you have some opportunity there. Now you have to be smart about it and you have to do just like you have to pick your stocks and the equity market. You have to pick your places you want to be in the bond market as well. But I think you can find some areas where you buy it positive yield to maturities. You have sufficient cash flow. That's a good place to have an allocation in your portfolio. Victoria Fernández has always wonderful from crossmark global investments. Send out best at bob style. Once bob back Tom and bob. To a few weeks ago, his lights out. Yeah. He knows coming up shortly. Matt lazarillo for a Deutsche Bank, Matt lacetti of Deutsche Bank. So there's been some really great calls this year and thinking of Mike Wilson on the equity market. I think maybe cities Andrew Holland horse coming out very early. We're going to get a series, a sequence of big hikes, prayer on the yield curve. The first to make the inflation call for 23 before it became very, very fashionable. And he and Peter hooper and their team not only put the call, but also the X axis on it. Their recession call, they make clear it was out there further. It was none of this. It's around the corner stuff. And they were real simple to get out to 23 and into 24. Which may be the biggest question for him. Does he push out even further? Is he going on the max ketner point to raise earlier? This question of what does a prolonged recession do? Is that negative or positive for risk assets may be positive in the short term from Julian Emanuel's perspective? Longer term, what does that mean about the nature of the recession? And no, doctor of rem Maxwell company, right? Yeah. That's exactly right. There was not alone. I think a lot of people are starting to join him just looking at the incoming information. I mean, it's completely devoid of this, but the United Airlines is the largest airplane order ever. I don't even know what that means. That was possible. Earlier on when we talked about it. As well saying surprise it was better than we thought. It was these are two airline data releases. Do you think he flies for free on United? The airline business though, Tom to your point. It seems to be very unique in that sector right now. The amount of money that people are willing to spend on flying still. What still this year and into next as well? If people are still willing to spend that though, then what does all this talk about the lack of demand with respect to travel with respect to the oil picture of people are prioritizing travel? Walking Stanley that talked about a golden period for some of the airlines into next year. I forget who it was precisely, but a lot of people still bullish on that segment. Because certain guys are willing to spend serious amounts of money. Really? You're just trying to rub it in. I think business class seats to Paris. You know, I looked at changing my flights next week because of these strikes in the UK and all the snow and all of this mess. My goodness, the charges. To change that flight. I walk in the united it over at Newark and they begin to tear up my phrase. My phrase yesterday evening was not my goodness, because that's not the phrase I would use. I was your remote control. Fixed. I was worried that I'd broken it. That's okay. Ready for the game. Matt, they said he had Deutsche Bank coming up shortly.
Health Shi"F"t
"each scenario" Discussed on Health Shi"F"t
"In paradigm for healthcare and mental healthcare. In today's solo cast honoring my birthday, September 19th, 1957, and the preparation and intention setting for this day. As a seeker committed to my personal growth and how I am to bring forth my gifts in this world, I take very seriously the medicine work that I practice with myself. Last week was an important week in our family. Lindsay Scott and Chloe were visiting Austin and San Antonio while I babysat for Nala their dog. I felt that this would predict the family's next steps, and yet something was also tugging at me while waiting to hear their decision about moving. I've been feeling a tug to dig deeper into what I need and what I want in this next chapter of life. And thus I set the following intentions to prayer for my psilocybin journey to gain clarity on my path, not being influenced by what I think I should do. To see the gifts in my hurt feelings, at times not being included in family activities and Friends not always reaching out except for a few, I'm usually the one that does the reaching out, the card sending, and I love doing that, but there are times that I can feel hurt, especially if I'm feeling a little bit emotionally unstable or unwell. To step into what I deserve in my business, well, what came up today was a deeper connection with feeling my pain, panic and helplessness as a child. It hurt, I cried and I received some very clear messages. I made contracts based upon my core wounds. For self protection. My self care, exercise, diet, and discipline. Really started out based upon survival and not self love. It's evolved over the years, but I'm aware of that I need to take care of myself because no one else is there for me. I want to feel connection, but I feel so afraid of rejection and abandonment and have felt abandoned many times. I needed to be hypervigilant in order to survive. And again, while I've softened that hypervigilance, it's still there in the off. I saw my overly anxious mom who followed schedules, even for my feeding. I felt hungry, and she was too anxious to feed me as a baby. I learned not to complain and prepared her when I got hurt so that she wouldn't panic. I felt in recognized her panic in her anxiety. As I went into my usual MO of understanding her behavior mode, this time the medicine allowed me to come back and stay present with my feelings of hurt, fear, feeling helpless. I got through it. Then I witnessed my dad's abusive behavior and it was really scary and unpredictable. As I went into understanding his fear and chaotic upbringing, once again, the medicine gently brought me back to feeling my panic by helplessness and I cried some more. I observed my work with my clients, I'm diligent, clinical research oriented, caring, and intuitive. But I also realized that I've overcompensated for years, not valuing the work that I do, and gathering more and more credentials, in order to gain self worth. Well, you know, it doesn't really work. At the end of each scenario, I felt, is that all? And felt an emptiness. Then I saw lins, Scott, and have been really trying to see more clearly my relationship with Scott. My son in law, I love him dearly. He's been a part of our family for many years. I could not put into words to it, but instead I saw me as the north star with beautiful sapphire blue around me, the Virgo archetype, which I really am. And Scott is the indigenous man with a beautiful plume of feathers and aqua. Not even connecting that it was one of Lindsay's favorite colors. And I got the message that they are well. I've done my job and a good job at that. And wherever life takes us, we will all be fine. I then felt a twinge of sadness, letting go, but also some excitement for me to begin exploring my life. What is so very clear to me is that my life work remains a top priority for me. That may be here in California. It may be in Austin. Even sent a resume to Costa Rica to a retreat center. Also, I really do want a loving partnership and saw that my childhood contract for survival told me never, never. Let anyone in for it's not safe. And I repeated that pattern over and over and over again. Choosing partners who had beautiful sides to them, but were severely emotionally wounded. It's time to let go of that contract and to create a new one based upon desire and deserving. I have no idea where this next chapter will lead, but one thing is clear, doing medicine work has allowed me to open up to look within and to begin to take baby steps forward. I feel blessed and grateful. And if you like this podcast and the others with other experts that I am interviewing, please rate, review, and share. And you can find me at Julie Freeman dot net on Instagram at Julie Freeman mindful wellness. And on YouTube at Julie Freeman, functional medicine la.
Wendell's World & Sports
"each scenario" Discussed on Wendell's World & Sports
"So it's not as grisly as not as ghastly as devious is not as horrible as aaron hernandez. But i mean you know when you speaking about an employee of an nfl franchise dui death of another person. Three thirty nine in the morning on a monday night tuesday morning. Whatever you wanna take a look at not good not good at all of course windows world and sports. I'm your host wendell wallace so glad that you could be with us all right with that being said let's go ahead and get to Some things which happen in week eight of the nfl remember last week. And if you did was to my podcast last week what the fuck the matter was you man go ahead. You download subscribed your rate your review. Your follow wendell's world and sports w. e. double apostrophe s. world sport you listen to the most unique entertaining thought provoking sports. Talk podcast and you hear me the week before global glowing and going on and on and on and on and on about them cincinnati bengals talking about. Well we're they sitting at the hierarchy of the afc and what an ultimate victory by the bengals over the baltimore. Ravens and joe borough is talking about. Mvp consideration and chase only the nfl rookie of the year but already being regarded as the receivers in the nfl. that defense. the numbers don't bear out. How good they are that wilson. Looking like he's going to save his job. No my goodness gracious and this is not your. You know mike brown. This is not your icky woods. This is not your kid andersen did not your paul brown cincinnati bengals. I mean this is a situation where hey we could be looking ran down. Some of the teams the next five or six weeks which bengals. We're going to be playing after thirteen games. Let's say they man. Best case scenario best case realistic scenario. You'd be looking at the cincinnati bengals thirty being thirteen to three. And worst case scenario you could be taking a look at the bengals being seventy six each scenario that iran through considering the cincinnati bengals. Not one that i have them. Losing on sunday to the new york jets. But that's what happened just when we thought the bengals that turning to turn the corner real conference championship contending team want wong thirty four. Thirty one to the new york jets backup. Mike white quarterback Mike white made his first start at four year. Nfl career guess what he did. Thirty seven forty five four hundred and five yours three touchdowns. Are you flipping kidding me completed. His first eleven passes of the game completed all seven of his pass attempts on the jess opening. Drive that ended up. With a michael carter touchdown which gave the jets and early seven. Nothing lead and he never stopped from there. It was michael carter touchdown run but Just the tempo just speed just the Impact that Mike white hiatt head and never went away. The two interceptions that he had during the game weren't hits..
WRKO AM680
"each scenario" Discussed on WRKO AM680
"These questions as best you can buy reading and rereading the book on its own terms. Now notice that in each scenario Careful study and appreciation of the book. Is a part of the investigation. Finding out that there is an author doesn't mean you want to throw the book out. In fact, finding out that there is an author might make you appreciate the book all the more So also with the Christian faith and science. The study of the Natural World for Christian Science is the study and appreciation of God's book of nature. And nature has a lot to say. As the poet of the Psalms wrote. The heavens declare The work of God's hands. Day after day, they pour forth speech night after night. They display knowledge their voice has gone out into all the earth. Let's review Christians are four science. Not in the sense of being married to science. That's scientists. Um Scientist, um, is guided by the scientifically unprovable belief. That the book of Nature has no author for us to know. In contrast, Christianity is guided by the belief also scientifically unprovable that the author of the Book of Nature has personally introduced himself. By sending his eternal son. To be conceived by the Holy Spirit. Born of the human nature of his Jewish mother, Mary, who named him Jesus. Because God's messengers said that he would be the Messiah. The Christ who will restore nature and rule forever. Christians are given his name Christ. And so we cannot be spiritually married to science or to any other method or any other belief system. Because we're spiritually married to Christ. Collectively, we were united with him in baptism. We died with him on the cross. We rose from the dead. With him. We've been given a new nature. In him. But that doesn't mean we throw out the old book. How could we It's his masterpiece. And we're all a part of it. Part of his beloved creation. But maybe you're wondering What if I read the book of nature and I don't like what I find there? Author Annie Dillard describes a walk she took through nature on summer. Was along the edge of a creek. Frogs were leaping from the bank into the water as she walked along. She notices a little green frog a few steps ahead..
AM 970 The Answer
"each scenario" Discussed on AM 970 The Answer
"These questions as best you can buy reading and rereading the book on its own terms. Now notice that in each scenario Careful study and appreciation of the book. Is a part of the investigation. Finding out that there is an author doesn't mean you want to throw the book out. In fact, finding out that there is an author might make you appreciate the book all the more And so also with the Christian faith and science, the study of the Natural World for Christian Science is the study and appreciation of God's Book of nature. And nature has a lot to say, as the poet of the Psalms wrote. The heavens declare the work of God's hands. Day after day, they pour forth speech night after night. They display knowledge their voice has gone out. Into all the earth. Let's review Christians are four science. Not in the sense of being married to science. That's scientists. Um Scientist, um, is guided by the scientifically unprovable belief. That the book of Nature has no author for us to know. In contrast, Christianity is guided by the belief also scientifically unprovable that the author of the Book of Nature has personally introduced himself. By sending his eternal son. To be conceived by the Holy Spirit. Born of the human nature of his Jewish mother, Mary Who named him Jesus. Because God's messenger said that he would be the Messiah. The Christ who will restore nature and rule forever. Christians are given his name Christ. And so we cannot be spiritually married to science or to any other method or any other belief system. Because we're spiritually married to Christ. Collectively, we were united with him in baptism. We died with him on the cross. We rose from the dead. With him. We've been given a new nature. In him. But that doesn't mean we throw out the old book. How could we It's his masterpiece. And we're all a part of it. Part of his beloved creation. But maybe you're wondering What if I read the book of nature and I don't like what I find there? Author Annie Dillard describes a walk she took through nature on summer. Was along the edge of a creek. Frogs were leaping from the bank into the water as she walked along. She notices a little green frog a few steps ahead. That didn't jump. She creeps closer. It doesn't move. Gillard rights..
Over My Dead Body
"each scenario" Discussed on Over My Dead Body
"A sixty four year old attorney is making his way slowly up the concrete steps of the courthouse in modesto california. His body is wracked with pain. His heavy shoulders are hunched forward over the cane. He carries in his right hand from his left hand swings. A cracked black leather satchel stopped with his legal files. He's here at eight thirty on a monday morning. June two thousand and nineteen to do the unpopular work of defending the wrongly accused the thoroughly guilty and clients at every point in between he's made this trip thousands of times in better days. He swaggered the flamboyant terror of cops and prosecutors and judges. I haven't had any qualms about going after law enforcement for lying. If they fudge once they fudge it's open season. This is frank carson the most combative and controversial criminal defense lawyer in stanislas county. His kidneys are failing. His sciatic nerve is aflame and his morning. Vicodin hasn't kicked in the effort to get up. The steps makes him wince but he hates to give any satisfaction to his enemies. He has many for decades. He's defeated his law enforcement adversaries in court and raged against them in unapologetically venomous terms. He names names in a central valley legal community where the cast of characters is small and the memories. long newly soon. Gershon your person. You know what it can't be any more personal to the guy that i'm representing and even if i had a doubt about my client's innocence by the time we started the trial usually by the end of it. I was absolutely convinced. I've had attorneys god wrestler soul summer dead now and he said oh frank. You should've seen me it was carson asked. I told them off. And all that. That isn't the point. The point is to win as he shuffles between courtrooms cops watch impasse and a chill seems to enter their mood to the law enforcement establishment. The man with the cane and the black leather satchel is something more malevolent than a clever lawyer who pushes boundaries this is. Why carson will eventually make his way to the courtroom at the end of the first floor hall. They're one of the longest moderate trials in california history is unfolding there for more than a year. Carson has taken his seat at the defense table. Not as the attorney but as the accused to the district attorney carson's trial represents long overdue justice for killer with a law license a kind of local mob boss known as uncle frank to carson supporters. It's the culmination of a massive law enforcement conspiracy bent on destroying him for doing his job. Too well these are the competing versions of reality in the people of the state of california versus frank carson at all when i arrived at the modesto courthouse. Each scenario seems staggeringly weird and improbable. Each fantastic to be believed. But before i saw it so would the spectacle of an attorney representing murder defendants in the courthouse. Where he was on trial is one himself. One of the first things carson tells me is i've given him hell for twenty five years putting my thumb in the eye of the man and so he was not totally surprised when one morning four years earlier authorities had.
The Road to Rediscovery: A Life-Learning Journey for Growth
"each scenario" Discussed on The Road to Rediscovery: A Life-Learning Journey for Growth
"I like to call three for the road in in three for the road. That's where i ask three random yet thought provoking questions encouraging. My guess to answer in five words or less. So what do you say you're for. I think a man. Let's do this all right fantastic and by the way. My questions are not cookie cutters. Okay they are original questions customized for you based on your background and your profession. Okay and it's just a fun way to canada camp off the show all right so three for the road here. We go question number one up. In fact you know what yours is. A little different is structured. A little different. I don't know. I had. I had a bit of an imaginary Imagination epiphany as. I was writing this. Okay so here's what. I'm going to do man all right. I'm gonna give you a scenario okay. An event or scenario and based on that give us your interpretation of the ideal location the food in the mood for each scenario. Okay does that make sense and make sense. Do i still have five words or last or do i get anymore howlett out. I'll let it flow man. You go five keep going. Let it flow okay. Here we go ready. Yup number one you just received a promotion We're going out for fajitas and we're gonna sit outside and look at the mountains. And what was the third thing i had to do. I can't remember mood mood. Yeah i'm enjoy. I'm going to be happy. Beautiful beautiful fantastic. Well you knocked out of the park right number. Two scenario number to a close friend has just lost their pet. Rena grab some ice cream. Sit on a neighborhood bench. Just going gonna talk about it. And i'm just going to be open. I am just going to be receptive and listening to what they need to talk about. Very supportive awesome. Fantastic man all right question or question. Scenario number three to campus offer three for the road. You just finished an exhilarating. I can't even talk. You just finished an exhilarating workout..
Leading Saints Podcast
"each scenario" Discussed on Leading Saints Podcast
"Than not they break down and i don't know what i'm doing. His is so scary and but too often as humans. We don't like to admit that we don't have it all figured out and that we have no clue. The truth is none of us. Has it all figured out. And we don't have a clue and that's okay. Yeah so. I'd say again overwhelming humility empathy and love for the person and then challenge to get to ex- place with questions and then questions are a better place versus. I think it should be that and demanding extract questions of what we would like it to be. And what do we want it to feel like. I'm look like that helps when you do see that. Ll leader that ceo slip into that. That fear state. I mean how do you get him out of that at several sessions before it happens but like where even begin to because i know there's leaders listening like yeah. I am sort of acting from this place of fear but what are what am i supposed to do about it right. It depends on each person in each scenario. Sometimes it's right away. We'll just have to do a knee-jerk pattern interrupt something to get them other times. It's slowly but surely and steadily depending on the situation and the urgency and severity of what's going on but overarching there's a three. I coach mindset to help people to throw it in the steps. If you're if you're listening right this down if you're driving don't but these three help a ton one is recognition you recognize. You recognize when you're off when you're just feeling your energy a little different. You're you're scarce. You're fearful your hungry tired whatever that may be but when we recognize it i believe that's eighty percent of the battle because as you mentioned sometimes you can be spinning in fear not even realizing it and so. How do you do that well. How happy married now. How fulfilled am i. Energetic am i. Do i feel like i'm just hanging on if any if you answer. Yes to any of those questions recognize. There's something happening sometimes. It's as simple as i need a snickers. Because i'm angry right. I love that commercial with betty white and all of a sudden. She's so frustrated. Well there's the recognition step that's not there. And the french though the snicker and they recognize for him perfect so we recognize the second step. Is we replace. We intentionally replaced the fear the scarcity the hunger the need to be liked whatever it is with something powerful and positive something faith promoting it could be a scripture. It could be a clear. I am statement of your pure true identity. It can be averse of your favorite him. Whatever it is then the third step comes to replace sorry to recite. And what i mean by that. Is you actually recite replacement statement out loud. Why because depending on the steady you look at the spoken word is ten to fifty times more powerful than what we think. The problem is. We're thinking on average fifty thousand thoughts day we don't speak that much so our mathematical ratios are already a little bit off so if we want to eradicate that darkness or fear or whatever it may be we've got a vocalized out loud but get comes to the point. Where when people hear that they go. That's kinda weird. Yeah it is at the same time riddle me this in our society. We beat ourselves all the time in our minds. We're not kind to ourselves. We say we're stupid. We say i should know better and we just we're masochistic that's normal our society but as soon as we want to be positive out loud. That's weird. I think we need to check what's normal in society in my opinion and maybe pushed the envelope a little bit of what's normal to help us get to a place of much more positively power and faith to go help in lifting inspire other people because if we can't do that for ourselves we can't lead other people now. I love those those three hours. Because they're so simple like everybody could do it but you know. Why don't i think of that of course and even just the recognition part like just taking a breath and say i'm in a place of fear not that have to be feel shameful that you're they're like well. That's where i'm at right. I don't want to delegate that because i feel like that person's going to drop the ball this activity is going to go wrong and i'm going to look back right back and so you just recognize it and just sit with its mile with go interesting. Yeah like the recent podcast. You have on saturday. What does that you do before you just let saturday be. And sometimes you're just frustrated sometimes down and and it's okay in that whole process versus. No i'm not supposed to do that. I'm a leader. Now it's okay you try and run toward sunday exactly. Just just let it be. And there are times where it's okay to be frustrated or fearful and but acknowledging it is the key because to often our subconscious just kind of pushes it to the side and and buries it really deep and when we don't even realize it's going on this concept of a replacement statement what would may be an example of an of replacement statement. Ac- may may yusuf. I love it one of my clients. His replacement statement. Is i am the ceo of a billion dollar company and his company right now is at about fifty million so he just lives into a future and realize okay what needs to be true. In order for me to live into that future grounds. Him mine is a couple. I have a couple of scriptures. When i was in argentina it was a particular him that anytime any impure thought came anytime. There was pornography on the street. I would go right to the him. And that was my replacement exercise to just get the darkness out and to not let those that thought be on the stage too long other. Ceo's replacement statements are one. That i love. Is i m patient. I am loving and i am kind. And when he says that out loud sometimes in the mirror it reminds him. that's because that's something he's working on and when he's not patient when he isn't loving when he is unkind he reminds himself no i. That's who i truly am. And i need to remind myself of that. Just kind of shakes him out of it and helps him go so what happened. Why did they let that happen. And i have the choice of how. I'm going to respond to any situation. And i subconsciously responded. In a way that. I'm not happy with the replaced that that's an and i'm thinking that longtime zee's replacing statements are there's some part of identity in them right at anchors us to even as moses four when being tempted the adversary and he simply says i a son of god i laughing is literally i used yesterday my client and i should remember where i'm of course. And there's an adversary. That's there and he wants to distract us and wants us to to think that we're less than we are. And god said multiple times my son my son my son and then as soon as the adversary comes in moses son of man wait what. It's trying to distract him. Of course and just deflect what really is where his true source of power is when we're true with that great and why why is i am a child of god such a classic primary song because if you think about it there's nothing more powerful just thinking about gas me that way there's nothing more powerful therefore it's so easy to forget the truth of that statement and the adversary is going to do everything he can to make us think we're we're son of man or a woman we're we're not. Who are we. We are children of a loving heavenly father and a loving heavenly mater. That's who we are and we have divine infinite potential and the adversary knows it and god knows it and it's up to us who will choose to respond to and answer the call. I love that in also a theme. I'm picking up with these replacing statements sort of pulls everything back into context right. I can see like maybe an overwhelmed bishop could say this is word is not my word in a reminding yourself that like i'm going to let go of the fear because it's not my word it's god for yes and you lean with faith that right and again not that there's magic phrase or whatever but it would be interesting. I you sort of sit with yourself and with god and say you know. What can i draw on. What statement. Just help me pull out of this totally. You know totally that is one of. It's such a fun exercise. I highly recommended. Invite everyone listening to to look at what scripture what him. What statement really connects with your spirit proverbs. Three five six one for me. That i love. I also love look into me. Every thought doubt not fear not and when you say them out loud literally it's almost like this calm of like okay and context perspective especially when it's eternal perspective but i believe i just wish everyone in on the planet could do this exercise and really practice it because it's not a one and done thing and a lot of times. People say i've tried that what didn't work. Well keep trying if you wanna create a great by seper. A six pack. You don't do one sit up and you don't be one contract right. It's a consistent work overtime lineup. Online gospel principles. That is true in this aspect as well. Yeah and i love this the concept of reciting as well like. That's these three hours like. You can't skip one right. You got a powerful exercise and then obviously you're stating random things and the bishop was quite over there now. He's stating some some statement but again i think that just as powerful that's great. Let's see here all right. Well i guess. I'll finally turn your outs. You sent me or your some of these potential principles. There's been a great discussion so far so many you put top top of the lining inspired meetings. Everybody loves a good meeting but few of us have been to one. So what are your thoughts when it comes to having inspired meetings. I purposely like to use that adjective before meetings inspired meetings. Not just a meeting. Let's have an inspired and inspiring meeting when you start from that mindset. You already create a different outcome versus okay. Here's the meeting. And the joke is the best meetings are no meetings. Or you know if i have to the worst but in in the church when we're working in coordinating meetings are necessary. We find that but if they're going to be necessary why not create an environment with meetings that literally transformed people yes it's administrative but it can also meetings can also be ministry of where we invite people to come into christ in the meeting where the spirit is so strong and so powerful that when we come out of the meeting were so energized and so ready to go serve and implement. We just can't wait vs on so glad that's over. I'm starving now. Go finally get out of my sunday clothes. And i'm gonna go watch tv. Or i'm going to be with my kid. Whatever it is right and so the first step is frame the meeting from a place of inspiration and declare. This is going to be a revelatory experience. The same way older bednarz did years ago of realizing anytime you're in any meeting. Tell yourself this will in can be revelatory experience but requires me to prepare accordingly beforehand. And then ask the lord during what do i need to learn. And how can i be serving you and then go for meetings so as the leader think. How can this be a revelatory experience in an inspiring meeting. Then mix it up too often. We actually step three seconds getting clear on what is the purpose of the meeting organized that accordingly because there are some leaders that are much more fluid with time. They're much more fluid with topics. Those that are fixed mindset are sorry fixed in time and are more rigid with schedules agendas. They go crazy if their leader is fluid with time. Yeah and the end. these are maybe the. The leaders says the two hour council meeting or whatever correct. Yes so understand the purpose and what the agenda looks like then when let me stop you there with purpose like people here that and it's like the application sometimes mrs like. How would you coach somebody through recognizing the purpose of me because a lot of things like well we're council here because the hammock says we should and we're going to talk so here we go. How do we get there. Thank you for saying that because too often the purpose becomes the check box. We had the meeting done. But if we define the purpose of this is to typically. It's going back to the purpose of the ward. Maybe it's back to inviting others to come into christ missionary purpose. Whatever it is the determine this meaning is a means to that. Whatever that end is declare that if it's ward council as a war council council together to say. What do we want this meeting to be. What's the purpose of this when we come. What do we want to accomplish. And how is this a means to that end accomplishment so just having a council together i think is helpful and then getting it clearly articulated in defined in having that purpose at the top of the notes to remind everybody every time. We're together remember. We're meeting in doing these administrative tasks these are the means to this end pointing to the top of the agenda to remind ourselves. That's why we're doing this and then at the end i'd like to ask hey. Did we accomplish this purpose or did we get closer to it instead of okay. I gotta go see later. Yeah and it just oh man of finally done yeah and you just check off the box so getting purpose. I'm glad you asked that. And you define that purpose with the lord and determine what what would he have us do what. What is the spirit teaching us through this process. And ideally when you're with multiple people which you are in meetings you cook create that purpose so that everybody has that way and so there's more buying if you just leader say kay here's the purpose it's better than not having a purpose but i think even even more powerful as when every contributor can have a say as to why this matter you just get people showing up differently. They own it more they. They're more just on the edge of their seat versus just slouching feeling tired and a little frustrated with their family or whatever and the purpose of the meeting obviously talking the ceo's. I would imagine like well. The person meeting is to figure out what everybody else is doing or burgers of the meeting is so that the figure out how to get the make the company more revenue. There's sort of these these vague arbitrary purposes. That aren't don't really take us anywhere. And so is it. Typically like with your. Is your coaching through. This are you should the purpose about a certain activity like you should should be very micro focus on something or sometimes the word councils like well this is the only time the bishops year. And i got this thing. I got to talking about the eldest zehr thing. They need to talk about so. It's easy to fall in that round robin tactic. So viceroy those definitely. There are different meetings for different purposes. And i think that's important to distinguish and that's tough when you only have one meeting with the bishop and this is the only time you have his ear right but in a secular setting to coach. Ceo's and help them realize there's a difference between a daily connection with someone versus a weekly operational meeting versus a monthly strategic meeting versus a quarterly. Planning meeting very different different topics different purposes and we try to mix them all together. We get nowhere and we feel frustrated. And we don't feel there's a lot of traction. There's a great author and business leader out there named patrick lynch yoni that teaches. Well i really like his stuff. He teaches at the concept of meetings. Really well in my opinion and there are different purposes for different meetings so now taking that into the church setting there's a difference between ward council and youth committee visit difference between more council and bishopric training right depending on the year. You're calling and who you have stewardship over but understanding what that purpose is for that meeting. I think is important and realizing different meetings have different purposes versus trying to cram it all into one particular meeting summer much more about link about it. There's a reason why there's a welfare meeting. Yes that's much more around welfare and you talk more specifically around that you don't do that all the other meetings right. That's an example. I think is working fairly well. But i don't think we quite enough to separate. What are topics that are really most appropriate in this particular meeting given. Who's here and kind of creating that clarity. That's interesting one thing. I'm learning through this discussion. Is that there may be the leader out. There may say the bishop who just doesn't like meetings and he knows other people don't like being so let's keep it to a minimum and we're gonna meet as i think the handbook says meet regularly but he's gonna say regular means once a month for may so we're going to have ward council once a month but then when you don't create the space for individuals that who have questions or need discussion things then then they feel like we can't have a purpose of the me because this is our only meeting so that we're gonna have five purposes and so that may be. You have four councils. During month but each one has a very different purpose and focus that gives space for these things to be digested talked about revelation be received you nailed it and it goes back to how we first started this part of the topic and that is the modifier inspiring meetings when we is the leader. Can't stand meetings. Guess what we're going to have really bad meetings and it's just a nuisance and we tolerate them because we just have to get some of the coordination done if we can soften our hearts and realize that meetings can truly be a medium to invite people to come in the christ in the spirit can be very very powerfully present meetings become a joy and they become something that really enables people to learn by and with and from the spirit to then when you're done it's uplifting it's magnifying. It's something that wants us. We just want to be better. But if the leader has the mindset that leading the meetings of the worst. Which by the way i raised my hand. I've been that lead person many years as we said earlier i have never been diagnosed but i believe i do have. Add and i lose focus really quickly and meetings are really hard for me and my wife will laugh and kind of nudge me like you know. Sometimes i lose my focus. But when i switched my mindset around leading meetings that it's inspiring people inviting them to come to christ. I had a totally different awakening. And i repented of that thought that feeling and since i've been in meetings and lead different meetings it's a really powerful joyful experience that i thought i would never say i want to just go get the work done. I don't wanna talk about it and this is sort of relates to the three rs. Concept is like when you walk into a meeting especially as the leader. Like kicking off the meeting with with first recognizing what this meeting is like. I want this to be inspired meeting right in and take a breath. Sit with that thought. And maybe there's a a statement right that a that to get everybody in the mind for but then then turn to the council which is so hard to do. Because i remember walking those means with the laundry list of things i want to get through an hour creating space turning to the council and saying how can we do that today right now in perfect world. Hopefully you've been praying about this meeting for five days leading up to it and maybe fasting where a lot of times it's like. Oh i'm five minutes late for council here. We are all right. Who whose. I have a prayer right. Give us a spiritual too long creating space. It's sort of like inviting that inspiration there and then turning the council saying how are we going to do that and then it's a unified effort in the spirit is the one that is really leading. It just like prayer. The true order prayers when the spirit leads prayer the true order in my opinion of of a great meeting is when the spirit leads that meeting. But that can't happen if we're approaching meetings from a place of disdain and frustration and all the other words that i use for meetings i think it's worthy of its own topic in and of itself. How how do you tactically do that. What's structure to do that. Because it can be tough. But the other thing i was going to share before then. If it's a routine meeting mix it up mix up. Who's doing what share roles. Let some other people lead sometimes. Let them coordinate a particular as otherwise you just can't get in your rut and in your lane and you sit and you just we become creatures of habit and it's the same old same old but when you have someone who's maybe a timekeeper or someone who is in charge of for this month what's the spiritual thought and theme. We want around that. Just kind of everyone has genius. Try and find the genius of everybody in that room and then spread the love and the more that people can lift and lead the more they're going to really be more present in that meeting versus. Okay here it is again because you you get in a routine especially when you start to get the hang of things and it kind of feels good because you're finally out of the place of all good. At least i know what i'm doing but then the danger is you get in a comfort zone. Yeah awesome anything else as far as inspired meetings that we haven't touched on yet. I would love to be in a meeting that the savior lead. Can you imagine it would just awesome and you would leave. That meeting inspired wanting to be better. And he's he's just he's the ultimate he's the ultimate leader. He's the ultimate listener. He's he's the ultimate follower and i would. I can't wait to be in a meeting with him again. I i have been. And i. I really hope to lead that way and i want all of us listening to think. How would the savior lead a meeting. And how can emulate that behavior. I think about the leading meetings usually. They're they were walking somewhere. Were definitely maybe. The last supper were teaching. And that's a thought to to sit with for sure all right to inspiring people a boy. Where do we start with this because a lot of years all. I got a list of people. You need to be inspire right right. I love this topic. Inspiring people is already in love simply put and i like to ask leaders when they're frustrated with their people in a secular setting or spiritual setting. It doesn't matter when you're frustrated with the people that you're leading and they're not accident or not why not doing z. I love to just ask the question. How who've i is the leader contributed to that behavior instead of pointing the finger instead of being frustrated with their incompetence or or their lack of buying. Or whatever it is i like to ask how have i contributed ultimately is the leader. It's on you and that's hard to grasp. Sometimes it's hard even say because there are legitimate times when people are just aren't showing up aren't doing what they said. They was definitely in a volunteer. Exactly but i go to. How can i create an environment where they feel inspired versus required. How can i help them. Want to versus half too and it comes down to love for that individual of what truly motivates and inspires them and don't assume that we know what that is when we really understand. What makes someone tick the more that we can lead and inspire and a mantra. That i've loved to live with for the last many decades is if i don't like someone i don't know them well enough yet and it's a simplified version of other quotes. That are out there. But i'm a very simple person. I can remember this. But any time that i've been bothered by someone i have to stop and go. I don't know their story well enough yet. And as soon as they spend the time to really understand who they are and they feel heard and they feel cared for and cared about. Then i go. Oh that's why you respond this way because as a kid x y and z happen to you. Oh and then. I have total empathy love. And it's all good. And i just kind of let it you know gloss over versus getting really frustrated and stuck on. Why did they do that. Why did they say they'll do this. But then they don't because they're really scared of letting anybody down so they're gonna say they'll do yesterday say yes to everybody and they let everybody down in this. This vicious cycle then. I know where to coach and how to help them. Is really is the concept of empathy in Brown talk about that. Everybody really is doing the best they can't and if you really believe that and sit with that like suddenly you have much patience for people that and we have a habit. It's human nature to project thoughts attitudes approaches skill level on everybody else and saying wolf. I was a net calling her in that position. I would do abc. it's so obvious. Why don't they see it and just to it early totally i. I had a leader that i worked with one time. His name is gareth. He was amazing at getting to know the deep story of everyone on his team and people would always say. How does he get people to do what they do. And how they work longer hours and how they always hit their goals and he his way of leading is just so. Let's just call it weird. This is weird. What does he do he do. Well i shouldn't say all while he was as if it wasn't very much but what he would do is get really clear on what truly motivated that individual. What made them tick. Where were they're going. And why and then ask their permission to hold them accountable to get to that destination and they loved it because they knew he cared about their need and he would do all sorts of things. that were totally atypical. Totally off the wall but in a way that the person new man. He's got my back and so when it was time to level up the numbers or do something new honestly he would speak and they he'd say jumping they'd say how high the classic cliche i've never seen anyone. Do it like this person. Why because he learned how to love each person individually because love is a very individual language. Twi the savior so masterful at it. He knows us also personally and so perfectly that he knows how to inspire us like nobody else because he knows a so personally because he suffered for each of us so personally twice. He's the master leader. I love of that topic. And that's how you inspire people. It's about them not us. Yeah you know. I i have this This concept i wrote a whole book about ministering like how to lead the ministry effort right. Now have this concept in here. And i feel like i'm the only person in the world of believes this but that's okay. I'm going to die on this hill. But i talk about when i was eller. Scored president i saw is my only job my primary job to do. Every last single ministering interview right and and people like wait a minute no says you can split them up and the council. I'm like i know in a sense but my only job is to do. Every last ministering interviewing i gives different tactics and ways that To actually do that never you know. I've done the numbers. This'll work right. I delegated everything and people just like..
Leading Saints Podcast
"each scenario" Discussed on Leading Saints Podcast
"Step three and we're just met with a brick wall or just with coldness where it's not really received in. It's kind of defensive. But when you can help through a spirit of humility and then empathy in essence love really the ingredient to all that then when you share. I feel like such and such isn't really going the way we'd like. Can i ask a question of. Maybe why this is the case. But see if you've done step one and two then you have a receptive audience and you have a great conversation more often than not they break down and i don't know what i'm doing. His is so scary and but too often as humans. We don't like to admit that we don't have it all figured out and that we have no clue. The truth is none of us. Has it all figured out. And we don't have a clue and that's okay. Yeah so. I'd say again overwhelming humility empathy and love for the person and then challenge to get to ex- place with questions and then questions are a better place versus. I think it should be that and demanding extract questions of what we would like it to be. And what do we want it to feel like. I'm look like that helps when you do see that. Ll leader that ceo slip into that. That fear state. I mean how do you get him out of that at several sessions before it happens but like where even begin to because i know there's leaders listening like yeah. I am sort of acting from this place of fear but what are what am i supposed to do about it right. It depends on each person in each scenario. Sometimes it's right away. We'll just have to do a knee-jerk pattern interrupt something to get them other times. It's slowly but surely and steadily depending on the situation and the urgency and severity of what's going on but overarching there's a three. I coach mindset to help people to throw it in the steps. If you're if you're listening right this down if you're driving don't but these three help a ton one is recognition you recognize. You recognize when you're off when you're just feeling your energy a little different. You're you're scarce. You're fearful your hungry tired whatever that may be but when we recognize it i believe that's eighty percent of the battle because as you mentioned sometimes you can be spinning in fear not even realizing it and so. How do you do that well. How happy married now. How fulfilled am i. Energetic am i. Do i feel like i'm just hanging on if any if you answer. Yes to any of those questions recognize. There's something happening sometimes. It's as simple as i need a snickers. Because i'm angry right. I love that commercial with betty white and all of a sudden. She's so frustrated. Well there's the recognition step that's not there. And the french though the snicker and they recognize for him perfect so we recognize the second step. Is we replace. We intentionally replaced the fear the scarcity the hunger the need to be liked whatever it is with something powerful and positive something faith promoting it could be a scripture. It could be a clear. I am statement of your pure true identity. It can be averse of your favorite him. Whatever it is then the third step comes to replace sorry to recite. And what i mean by that. Is you actually recite replacement statement out loud. Why because depending on the steady you look at the spoken word is ten to fifty times more powerful than what we think. The problem is. We're thinking on average fifty thousand thoughts day we don't speak that much so our mathematical ratios are already a little bit off so if we want to eradicate that darkness or fear or whatever it may be we've got a vocalized out loud but get comes to the point. Where when people hear that they go. That's kinda weird. Yeah it is at the same time riddle me this in our society. We beat ourselves all the time in our minds. We're not kind to ourselves. We say we're stupid. We say i should know better and we just we're masochistic that's normal our society but as soon as we want to be positive out loud. That's weird. I think we need to check what's normal in society in my opinion and maybe pushed the envelope a little bit of what's normal to help us get to a place of much more positively power and faith to go help in lifting inspire other people because if we can't do that for ourselves we can't lead other people now. I love those those three hours. Because they're so simple like everybody could do it but you know. Why don't i think of that of course and even just the recognition part like just taking a breath and say i'm in a place of fear not that have to be feel shameful that you're they're like well. That's where i'm at right. I don't want to delegate that because i feel like that person's going to drop the ball this activity is going to go wrong and i'm going to look back right back and so you just recognize it and just sit with its mile with go interesting. Yeah like the recent podcast. You have on saturday. What does that you do before you just let saturday be. And sometimes you're just frustrated sometimes down and and it's okay in that whole process versus. No i'm not supposed to do that. I'm a leader. Now it's okay you try and run toward sunday exactly. Just just let it be. And there are times where it's okay to be frustrated or fearful and but acknowledging it is the key because to often our subconscious just kind of pushes it to the side and and buries it really deep and when we don't even realize it's going on this concept of a replacement statement what would may be an example of an of replacement statement. Ac- may may yusuf. I love it one of my clients. His replacement statement. Is i am the ceo of a billion dollar company and his company right now is at about fifty million so he just lives into a future and realize okay what needs to be true. In order for me to live into that future grounds. Him mine is a couple. I have a couple of scriptures. When i was in argentina it was a particular him that anytime any impure thought came anytime. There was pornography on the street. I would go right to the him. And that was my replacement exercise to just get the darkness out and to not let those that thought be on the stage too long other. Ceo's replacement statements are one. That i love. Is i m patient. I am loving and i am kind. And when he says that out loud sometimes in the mirror it reminds him. that's because that's something he's working on and when he's not patient when he isn't loving when he is unkind he reminds himself no i. That's who i truly am. And i need to remind myself of that. Just kind of shakes him out of it and helps him go so what happened. Why did they let that happen. And i have the choice of how. I'm going to respond to any situation. And i subconsciously responded. In a way that. I'm not happy with the replaced that that's an and i'm thinking that longtime zee's replacing statements are there's some part of identity in them right at anchors us to even as moses four when.
Leading Saints Podcast
"each scenario" Discussed on Leading Saints Podcast
"I can see the let pride not prevail so first of all be be humble and learn that and then secondly tried to have empathy toward what might be like to be in their shoes as the leader. What might not be seeing. What what data points do you not have visibility into and we have that empathy then we can talk to them in a way that shares a commonality of care and of concern so that third. You challenge when you're humble. I you have empty second. And then you challenge third there's receptive audience but too often. We jumped step three and we're just met with a brick wall or just with coldness where it's not really received in. It's kind of defensive. But when you can help through a spirit of humility and then empathy in essence love really the ingredient to all that then when you share. I feel like such and such isn't really going the way we'd like. Can i ask a question of. Maybe why this is the case. But see if you've done step one and two then you have a receptive audience and you have a great conversation more often than not they break down and i don't know what i'm doing. His is so scary and but too often as humans. We don't like to admit that we don't have it all figured out and that we have no clue. The truth is none of us. Has it all figured out. And we don't have a clue and that's okay. Yeah so. I'd say again overwhelming humility empathy and love for the person and then challenge to get to ex- place with questions and then questions are a better place versus. I think it should be that and demanding extract questions of what we would like it to be. And what do we want it to feel like. I'm look like that helps when you do see that. Ll leader that ceo slip into that. That fear state. I mean how do you get him out of that at several sessions before it happens but like where even begin to because i know there's leaders listening like yeah. I am sort of acting from this place of fear but what are what am i supposed to do about it right. It depends on each person in each scenario. Sometimes it's right away. We'll just have to do a knee-jerk pattern interrupt something to get them other times. It's slowly but surely and steadily depending on the situation and the urgency and severity of what's going on but overarching there's a three. I coach mindset to help people to throw it in the steps. If you're if you're listening right this down if you're driving don't but these three help a ton one is recognition you recognize. You recognize when you're off when you're just feeling your energy a little different. You're you're scarce. You're fearful your hungry tired whatever that may be but when we recognize it i believe that's eighty percent of the battle because as you mentioned sometimes you can be spinning in fear not even realizing it and so. How do you do that well. How happy married now. How fulfilled am i. Energetic am i. Do i feel like i'm just hanging on if any if you answer. Yes to any of those questions recognize. There's something happening sometimes. It's as simple as i need a snickers. Because i'm angry right. I love that commercial with betty white and all of a sudden. She's so frustrated. Well there's the recognition step that's not there. And the french though the snicker and they recognize for him perfect so we recognize the second step. Is we replace. We intentionally replaced the fear the scarcity the hunger the need to be liked whatever it is with something powerful and positive something faith promoting it could be a scripture. It could be a clear. I am statement of your pure true identity. It can be averse of your favorite him. Whatever it is then the third step comes to replace sorry to recite. And what i mean by that. Is you actually recite replacement statement out loud. Why because depending on the steady you look at the spoken word is ten to fifty times more powerful than what we think. The problem is. We're thinking on average fifty thousand thoughts day we don't speak that much so our mathematical ratios are already a little bit off so if we want to eradicate that darkness or fear or whatever it may be we've got a vocalized out loud but get comes to the point. Where when people hear that they go. That's kinda weird. Yeah it is at the same time riddle me this in our society. We beat ourselves all the time in our minds. We're not kind to ourselves. We say we're stupid. We say i should know better and we just we're masochistic that's normal our society but as soon as we want to be positive out loud. That's weird. I think we need to check what's normal in society in my opinion and maybe pushed the envelope a little bit of what's normal to help us get to a place of much more positively power and faith to go help in lifting inspire other people because if we can't do that for ourselves we can't lead other people now. I love those those three hours. Because they're so simple like everybody could do it but you know. Why don't i think of that of course and even just the recognition part like just taking a breath and say i'm in a place of fear not that have to be feel shameful that you're they're like well. That's where i'm at right. I don't want to delegate that because i feel like that person's going to drop the ball this activity is going to go wrong and i'm going to look back right back and so you just recognize it and just sit with its mile with go interesting. Yeah like the recent podcast. You have on saturday. What does that you do before you just let saturday be. And sometimes you're just frustrated sometimes down and and it's okay in that whole process versus. No i'm not supposed to do that. I'm a leader. Now it's okay you try and run toward sunday exactly. Just just let it be. And there are times where it's okay to be frustrated or fearful and but acknowledging it is the key because to often our subconscious just kind of pushes it to the side and and buries it really deep and when we don't even realize it's going on this concept of a replacement statement what would may be an example of an of replacement statement. Ac- may may yusuf. I love it one of my clients. His replacement statement. Is i am the ceo of a billion dollar company and his company right now is at about fifty million so he just lives into a future and realize okay what needs to be true. In order for me to live into that future grounds. Him mine is a couple. I have a couple of scriptures. When i was in argentina it was a particular him that anytime any impure thought came anytime. There was pornography on the street. I would go right to the him. And that was my replacement exercise to just get the darkness out and to not let those that thought be on the stage too long other. Ceo's replacement statements are one. That i love. Is i m patient. I am loving and i am kind. And when he says that out loud sometimes in the mirror it reminds him. that's because that's something he's working on and when he's not patient when he isn't loving when he is unkind he reminds himself no i. That's who i truly am. And i need to remind myself of that. Just kind of shakes him out of it and helps him go so what happened. Why did they let that happen. And i have the choice of how. I'm going to respond to any situation. And i subconsciously responded. In a way that. I'm not happy with the replaced that that's an and i'm thinking that longtime zee's replacing statements are there's some part of identity in them right at anchors us to even as moses four when.
PodcastDetroit.com
"each scenario" Discussed on PodcastDetroit.com
"Finished with even i actually binker gonna end up together. So that's There's one actually from from michigan on this event like very close to us michigan like shelby township. Maybe we know her. Or him Will you but yeah. That's just. I couldn't i couldn't see i can't see myself rebounding from that. Because legit like that would be the pinnacle of me myself entirely to someone and for me to do that and have it not matter kinda. Wanna take that risk and that's also on the flip side of like. I don't want you to take this as like you being. But in that choice you are very much traditionalist and labor for you to be to have this like traditionalist mindset in this and and then to do something. That is so atypical of that. The juxtaposition of those two things. They don't they don't they. Don't match like i mean i'm not a virgin hashtags are dead and so but i still think if i were there and they do actually make it really clear. Some couples Most couples don't consummate the marriage on the wedding night like they wait on the honeymoon on some of them. Don't even wait until after the welder. Honeymoon the wait until after so. It's really in there like there's nothing wrong with that. It's a huge trucks game. A guest this is your partner. Anyone give to the bully but also you wanna make sure that they're going to be there you know so. It is interesting especially listening to the experts even in their little like internal sides because there are things that i have done in relationships that they're calling out as relationship killers and i'm like ooh i gotta check myself a little bit because i do have a tendency to like make like if i know that i am right if i know that i'm correct. Welcome twelve until i die on. We're gonna go let you won't even know what happened but i have charts and here in this diagram. The fred shame you turn to page three in your portfolio that i've prepared you open. It says you're stupid now. My dad he goes. You're stupid a lot worse. Sorry i'm like. I say you're stupid. Because that is my initial reaction to something that i think is dumb. The person inherently inherently stupid. Just third action was in that moment. But you're right. It does come off as harsh when i guess easy. Both black guys. I don't take it like a whole lot of like it just might default thing ended. I need to work on. That healthy does amused with me. But i surprised her and she'll be like you're stupid league. I could see how other people would take something else. But yet but mind you on the flip side of that like i would rather have a hyper commitment show like that rather than something like the bachelorette or like that kind of the bachelor right as i am too invested in a relationship from the get go like i do. Put my heart rate there. I almost leave. And so that i think that if i were in a relationship in a competition for someone's heart i would be hurt way too quickly and way to like and then the psycho side like everybody's got a psycho side. You just have to find somebody who wants to deal with it like they say i'm crazy. I'm crazy poet. Britney spears burning on. I feel you i and that's where i go. This is stupid editor. this is dumb comes from. I cannot imagine wanting to battle another person let alone. A fleet of women are the same guy and also. How's that person supposed to develop actual feelings for each individual person on the show even if you get it down to two you're telling you to. And what if they're completely acting like different people in each scenario that they're in. It's like it's just this weird game that feels like i don't find it entertaining so when people are like an eye Bachelor nature nation. Please do not come for me. But or be i tried. I watched the first as the soda in half of the second episode lay. It can't do it. Find it entertaining. I don't i think that like. I think it's kind of a mockery of love. Anything that these girls they get on there who are twenty three and they think that they're ready for like a relationship and it's like i'm like bay better live your life. Go get drunk at a bar. After convict died just like. Let's go take a pottery class figure out who you are as the person so low. I think that's like not to put my brother on blast but lake. That's his biggest problem in really ships. He's always been in one. He's literally leg. Since we were in high school he's never been just And so then you sit there like he's very much people pleasing kind of person which sounds great until you realize that you're not even being yourself because you've been so please me Is not a relationship part. But people even mountlake. Cc sometimes like especially around certain groups of people you see a switch flipping stacey and she's like not even heard this effervescent. Good beauty that you see right now and only Through good lighting. You like she. It's like she is honestly it's like she dims put yourself on them for other people and it's like no. You don't need that you need somebody who's just gonna be like honey shine awesome honey shine. I think it was mac cosmetic the had like a honey line like in the like. I don't know two thousand eight nine something like that as remember because i'm interning at a magazine and we got Them to put advertisement in the magazine and it was the honey line and i was like that seems sticky. That seems sticky. I don't eat. How does it come up your face you. I do think that there's actually some premise. For some kind of show regarding like same kind of thing with like and access where like you talk to people who may be missed their window and and then you got experts to kind of and you put in that situation and you're like you're engaged now now you have to tell your family. You've spent all this time talking trash about him to your friends now. You gotta go tell your friends you're engaged and then you're going to keep doing these things and then at the end of a month or the end of six weeks or whatever you're getting married and you gotta see if you're actually gonna say as to this person who may be like. I don't know i'm spitballing. Actually think that would be a really good chance. Because there's lots of previous drama that you could feed off of and and then be leg. Yeah sure grades and then you have all underlying issues and see how you learn to forgive from those that be a really good show man. I have a friend. Emily and so she had mentioned how her and her ex mitch. They had like a big falling out. They were never a great pairing. Let's be honest. The wind stake. They were never paired correctly.
710 WOR
"each scenario" Discussed on 710 WOR
"Well, arenas and stadiums are reopening to fans in New York will be approximately 2000 fans allowed it that February 23rd Knicks game in the February 26 Rangers game of the Garden. Nets fans coming back to the Barclay Center as well, well, starting February 23rd governor, Cuomo says large arenas and stadiums can have fans up to 10% capacity. Fans must show proof of a negative Corona virus test. Mets owner Steve Cohen. He's optimistic for opening day. We're not sure exactly. You know, what percent of the state is gonna be filled, but it'll be at least 10 to 15% probably I'm Scott Pringle. W o R NEWS. Connecticut residents over the age of 65 can begin getting the vaccine as of today, and in New Jersey. Governor Murphy is self isolate. You won't see Phil Murphy for a while. The New Jersey governor has gone into quarantine after a member of his family tested covert positive even though he was not in close contact with, said family member Murphy took a covert test. Yesterday it came back negative. In a statement his office announced he's canceling in person public events out of an abundance of caution. Alice stacked in Rosine E W O R NEWS new advice from the C D. C in order to combat coronavirus correspondent Witch Hunt and says they're now recommending people double their marriage. CDC conducted experiments to assess two ways of improving the fit of masks. First wearing a medical procedure mask and then fitting a cloth mask over it. Second wearing a medical procedure mask and not in the ear loops, then tucking in the extra material close to the face. Each scenario could reduce the risk of transmission by more than 95%. Democrats going to continue their arguments today in the Senate impeachment trial of former President Trump Yesterday, they again played some new video of the capital, right, the impeachment managers.
Unofficial Partner Podcast
"each scenario" Discussed on Unofficial Partner Podcast
"Mean you k- sport were very prominent in terms of trying to encourage what they deemed to be talent transfer for instance in the buildup to the london olympics but i would have actually defined it more recycling rather than talent transfer in the sense that what they were trying to do is maybe take off. Take athletes who had been maybe unsuccessful in super popular sports and then transferring them into sports. That were less popular and then putting them in intensive training program. Uninformed around ten percent of the medals in the last two olympics have come from athletes who came through the talent transfer talent recycling way so ninety percent of the athletes will already in the system but there were just exposed about equality training In regards to the case where people against success in a couple of sports and there are a few examples of those for instance. I mean often. They tend to be in sports. Will either two things happen either. They actually specialize in both sports simaltaneously during development. Also can i say that the rally last duel spoil athletes now particularly in the big sports like cricket. football in rubio's fifty sixty is through increasing professionalization earlier engagement. An increasing systematisation but I've lost my thread. Say gone remind just whether or not that is a healthy thing for society to do. I think i was getting at. That was is a sort of ethical question. Two yes sorry to just about to lose issue. I think there are examples of people who do transfer across sports. But they may well be sports for instance where physical physiological attributes. A very important which. I'm where maybe technical untucked issues. Not so prevalent So for instance. It might be hard to see someone go from. Burma playing aerobic to playing tennis rinses because clearly the game. Intelligence skills on the technical Neglect abuse have very very different across those sports. But in going from something like sprinting to the lose all rowing cling vice versa as romero did then I could see that. They some trump one things that i'm probably more. A proponent of actually is the notion of psychological skills may will so issues like resilience grit mental toughness coping with pressure Motivation to practice might well potentially transfer across domains although as with all the field of transport. Generally there isn't a huge amount of evidence empirical evidence To we need more research really to better identify what transfer on how much exposure to need to those alternative activities activities to to facilitate the transfer. Is there anything that you've come across relates to happiness how we get happier kids in this intensive of whether or not When you said you mentioned this really good word. Resilience and grit. We don't teach those things but they maybe we should. I'm just wondering in terms of what we what you've learned about how we bring our kids up. Is there anything there in terms of what we couldn't be doing. Yeah i'm not sure actually what exists happiness. There is certainly work on passion and interest and how that's related to allah engagement in the sport and on the flip side of the coin. Of course this book that's looked up. Burn out on becoming increasingly popular. Now is the focus on what's popular an increasing awareness of mental health related issues in school As we know that athletes do a lot of mental health issues which is not surprising. Really many ways because experts whatever the domain do tend to be outlined so far definition than not the same as normal people. They do have often. You know abnormal levels of motivation. Affectionate striving is often quite case. Some they usually driven on the concrete ellen mental health issues well so the certainly more awareness of those kinds of issues Nowhere else looked at happiness. Actually but his question will be as a scientist. How would you define that concept. don't you measure it. I'm not sure will be such a particularly if you do going to finish off on a sort of future in the into one of the things in the sort of last bit of your book talks about the technology and and go question in terms of the competitive advantage of technology and whether or not that is going to be the key difference in sport from here on in because just the amount of money that you can spend on tech is so seems to be so central winters of moving people. Further forward quicker. Is that going to be is that there's a there's a difference there into and you can sort of see how that might break down nationally or within a team by team basis or even school by school basis. I mean certainly. The role of technology continues to grow on a night coming back to the previous point invariably generates more and more data so there's no doubt that organizations sporting otherwise have access to the resources that can support the development and purchase of that technology. Do have an advantage. But i come to point better. Resilience in technology on its own is not particularly effective. You have to couple technology with what i might describe as instructional systems design. You know so. How'd you use technology effectively to try and develop performance to buy web an example in the less chapter we talk about virtual reality on how virtual realities a huge growth industry assimilation training generally an how potentially let's say in business. You can use virtual reality to create numerous situations that would involve for instance interaction between people negotiation discussion on the so. It gives you the opportunity to control the nature of the interaction which increases significantly the amount to practice opportunity that you might get to develop that skill but then if you look at it in the instructional systems design us cut and the questions that come would be well you know. What kinds of scenarios should recreate with us simulation. How should we provide a what type of instruction should we provide. How would we structure that practice tombs of the nature of complexity of each scenario. And how do we provide feedback..
Beam Me Up: A Star Trek Podcast
"each scenario" Discussed on Beam Me Up: A Star Trek Podcast
"Who can we get on board like. Maybe maybe plant. The idea of treaty talks but no leaning one way or the other inclusion exclusion. That's what would have been interesting and if you could kind it just it doesn't need to be long. I don't think. I think give me like a a two minute clip of groundhog day right. And just each scenario scenario scenario. I mean that would obviously give away. What was happening a little bit i think. But maybe maybe that's it. Maybe you introduce. Hey we found this cave a little bit sooner and this is this is what's going on. Or maybe maybe not. Maybe they didn't find the cave. Maybe we don't know what's on the same planet we we just get a shot of the machines. What is going on that kazan. While these we know oh they're captured right and that makes more sense to me and then you can spend more time with the different simulations. So i think that could be interesting as well. I think that would have made a decent episode. You think so. I think so. I like all realities lets me. It's a There's another there's another show that does that what you're talking about. They're really really well and we'll talk about that. Wouldn't if we ever get to that particular show. It won't be on this particular podcast though i will say this. The it was all a dream device. The day sex baca things that they brought in they got a lot of flack for it and rightly so because really it was all a dream. That's what you're gone with the end of the day. It was all a dream and it's not quite as bad as it was all a dream. Right it's the it never really happened. And i still hear people talk about that. Like yeah you get into this and then you get to the find out. That never really happened so it doesn't matter anyway. It doesn't affect things going forward. Well no it does actually affect things going forward and we'll talk about that when we get to the end of the episode. But the one thing. That iris even barry talked about as he said it really served two purposes one to let us know that the actual story going on here is actually about oto. It's not about the fight for the wormhole. Yep right like it. Serves that point to go. Don't this was about getting back home. And meeting his people not about fighting for the wormhole but soon it shows just how powerful and technologically advanced and how far the dominion has already infiltrated into the alpha and beta quadrants chair. You know a lot of sense. And you're i it. It did definitely pointed me to os story. Being the plot is they all ended up on that planet. And just like oh okay. Yep yeah the focus son oto ups that point. Yeah i thought oto could have been be plot and yeah. We're here to talk about the bargain right right. I mean you told me a trilogy. Come on i i part was about jenar so well it was meeting them and so now. We're we're meeting the us now explore them. Yep yep so you also get the background of the changeling changelings. The seafaring people and we settled we had bad stuff. Happen sent people out and genetically encoded them to return home. And you're three hundred years too early but no big deal. We'll fiction you know. Accept you back into the great link so yeah that that's an advanced method of what federations trying to do right. Yeah except they sent oto out as a pile of goo had no idea what he was. And sarah go develop become your own thing like we genetic code india. We have altered your dna..
Influencer Networking Secrets Podcast
"each scenario" Discussed on Influencer Networking Secrets Podcast
"I had it. I just wasn't dialed into it. Like how i wanted to be in Like at the time fought ahead. This though so much more that i could do With little cultivated. That i learned in my own It it showed me a lot about success. You know because a lot of things that i did were through anger chip shoulder and so but that chip on your shoulder shoulder can only go. So far it had the redirect anger into a different type of mindset. So you have a different type of energy that that follows that mindset and for me it was it wasn't until after i had a chance to reflect and sit back and go through all of the steps l. while i was released from the scene while is the press. Why made an attempt to try to kill myself. Why why did. I want to calmness of of of of mindfulness meditation and Once i had opportunity to self reflect and see each scenario and then also lived that scenario out you know instead of being stifled My growth being stifle from focusing on. I oh man. That's what happened. And that is a that that is cemented in history. It can never change. You know a lot of time on the plate things out on your head so your emotions can follow. Kosovo can have a way out right and I was able to see all of those things. And then realize all of the things that i've accomplished and be thankful for what i've accomplished and now set my ground on and know that there's so much more to to accomplish to fulfill purpose vision in life and And each and every day. I see more and more clearly now. You know when i was reading a calvin johnson's forward on your book. He said you know he's. He struggled in his early career. I didn't know this about him i. I haven't studied his career in depth but he said he struggled early in his career and then somebody managed to get him to to try at least five minutes a day and eventually that led into more time and then he and he became megatonne right. He became this guy who who transforms a giant on the field and Stopping him. I mean if if if stafford got the ball to forget about it you know exactly. Yeah yeah he was had opportunity to watch him in person you know in college and it was like was like Watson reggie bush you know When reggie bush was running back at usc it was mesmerizing watching him. So same thing would come johnson. That was mesmerizing watson. Calvin johnson i in college was funny with him. And reggie bush play with for detroit. Lions reggie bush was like he was all like oh man while and or does light reggie you. You know you mr heisman..