40 Burst results for "Eighties"
A highlight from ANTI BITCOIN BOB MENENDEZ CHARGED! SEC GARY GENSLER DOESN'T LIKE THE LAW (CRYPTO NEWS)
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, we got very interesting news, which I'm sure many of you may have heard in the mainstream media, and that is Senator Bob Menendez has been charged with bribery and a whole bunch of other crimes. And you may say, well, Tony, why are you talking about this? Right. Well, folks, Senator Bob Menendez, who is a Democrat, he introduced a bill back in 2022, which would help to stop Bitcoin adoption in El Salvador. And he was citing that the adoption would open the door for money laundering and corruption. Wow. Talk about hypocrisy, folks, right? This guy all along for a very long time, his track record, he's been accused of doing a lot of shady stuff and now he's being charged here. The folks at Bitcoin Archive said the senator who said Bitcoin can open the doors of corruption in El Salvador was just indicted for corruption by federal prosecutors who seized one hundred thousand dollars in gold bars and four hundred and eighty thousand dollars in hidden cash from his home. So politicians those who are often very loud and screaming against crypto are the ones who have a lot to lose and a lot to hide, who are probably doing shady stuff. For example, Elizabeth Warren, Brad Sherman, Gary Gensler, right? I'm sure they've got some really nasty stuff in their closet. And some folks have shown that Elizabeth Warren has a net worth of seventy three million dollars. And of course, her salary is just like two hundred and eighty thousand a year. That's a great amount of wealth she's accumulated from just a senator's salary, right, folks? But we know the game, right? This is why we got to keep fighting and we got to expose these corrupt bureaucrats and politicians like Elizabeth Warren and Brad Sherman. We know they are puppets on the string doing a lot of the bidding of the tradfi incumbents and people who would love to kill crypto and not just even kill crypto, but just stop or kill the startups and allow their banking buddies and Wall Street buddies to come in and take over. So I'm glad these folks are getting exposed. And President Nayib Bukele, who, of course, he's the president of El Salvador, he tweeted about this news. He said, this is the guy that called for an investigation against us. He ended up being charged, period. So I'm glad he's doing a victory lap there. Now we got some interesting news about a library in the SEC. So we had reported just about a week and a half ago or two weeks ago that library was going to file an appeal. And this is based on the Ripple lawsuit outcome. Right. It makes sense. We have new case law with XRP, so it makes sense for them to appeal. And the First Circuit Court of Appeals in Boston has directed library to file its brief by November 1st, 2023. Now of course, this is no guarantee they're going to win. But the point is, we want to put the pressure on the SEC and Gary Gensler. We want to expose them for their lies, hypocrisy and much more. So I'm glad library is doing this. Attorney Jeremy Hogan highlighted a video here with Gary Gensler being interviewed. And it just shows his hypocrisy that he doesn't care about the law. He just cares about his own power and his next job. And it's no wonder Judge Sarah Netburn said the SEC has no faithful allegiance to the law. So he says the crypto space is full of hucksters and noncompliance. Well, the reporter asked them, would anything a court says change your mind? Great question. Gensler said, well, no, not really. And of course, he looked very shaky. He's losing confidence. And Attorney Jeremy Hogan said, you can't make this stuff up. So clearly, this man has no respect for the law. He's just making things up as he goes. It's about his show, his power, his ego. And we can't have that, folks. This guy's supported by our tax dollar. He should be kicked to the streets. And I'm telling you, I hope that Coinbase mops the floor with his buffoon and the SEC so that he has so much pressure on him. He's forced to resign. I'm hoping that happens. Now, Stuart Aldarati highlighted that same video. And here's what he had to say. What's most concerning to me and should be to you in the full video clip, this is the shocking admission of an unelected bureaucrat that he won't respect the decisions of the courts. So I'm thankful for the judicial branch and the balances we have in the government that a corrupt scumbag regulator like Gary Gensler, as much as he can go around saying all kinds of nonsense and nasty stuff, he has to respect the courts in a sense of what they put out there. Right. The SEC has to abide by that. Now, he may not personally agree, and he can, you know, like in this interview, say, oh, no, I don't agree with anything. But at the end of the day, if he takes a loss, he takes a loss. Right. So we got to keep fighting. I'm hoping the industry keeps fighting back as well. Now, quick word from our sponsor, and that is Uphold, which is a great crypto exchange that I've been using since twenty eighteen. I've interviewed their CEO and many representatives so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and thirty seven fiat currencies so you can switch between these different currencies and crypto and precious metals at a click of a button. So it's a unique platform and they've been around for a long time. Once again, I can vouch for this platform. So if you'd like to learn more, please visit the link in the description. All right. Let's move ahead. Caitlin Long was at Mainnet and she was tweeting out some of the statements coming out of Mainnet. I was at Mainnet yesterday and I met her. I tweeted out a photo of us together. I was supposed to go on Wednesday as well, but I wasn't feeling too hot. So stayed home that day. But, you know, there was a lot of folks there. And Brian Armstrong, CEO, was there. He said the Biden administration has been terrible for crypto. Well, that's to say the least, right? That's an understatement. They've been horrendous, in my opinion. Caitlin also highlighted that 61 percent of pro -crypto voters actually this is she's highlighting what Chris Lee Hain had to say, that 61 percent of pro -crypto voters in 2020 voted for Biden. Democrats are at risk of losing them in 2024 due to anti -crypto policy. Absolutely right. And these Democrats are shooting themselves in the foot. Patrick Hanson of Circle highlighted the following, that the euro stablecoin, obviously Circle issues USDC, but they also have the euro stablecoin and it's now EURC instead of EUROC. So just an update there. So the euro coin is now EURC. So just heads up on that, folks. And I want to highlight something I tweeted out today, and I think it's important. And, you know, all emotions aside, all feelings aside, I was highlighting that I'm very bullish on Ethereum for the 2024 -2025 bull market. Now this is, once again, all emotions and feelings about Bill Hinman and Joe Lubin aside, I still want those guys to be held accountable. But as for the token and the code, it's getting adoption. And I highlight that PayPal is building their stablecoin in Ethereum, right, PYUSD, Citibank's token is built on Ethereum. JP Morgan is working on a deposit token, which is built on Onyx, which is a permissioned version of the Ethereum blockchain. Coinbase is obviously launching base, which is their layer two for Ethereum, or they have launched it, I should say. And there's a rise in institutional ETH staking. So I'm very bullish on ETH and this type of news, these facts now, not my feelings, not my opinions, but these facts of adoption from very big companies and brands has me very bullish on Ethereum. I obviously hold ETH in my portfolio. I stake it and I continue to buy the dip, not financial advice. You should do your own research. And obviously I'm not just bullish on ETH alone, but just there's been a lot of adoption. And I want to highlight that because it's about facts, not feelings now. And I'm bullish on Bitcoin, XRP, Chainlink and many other tokens. Let's talk about Core Scientific, which is a Bitcoin mining company. So Core Scientific sealed $77 million Bitmain deal for 27 ,000 Bitcoin mining rigs. The deal was first finalized in August with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. So one of the key things is that BlackRock also gave them a bit of money. Guys, this was back in 2022. So it's kind of like to the Victor goes to spoils where Bitmain was in trouble and then a whole bunch of folks started coming in to grab up as much as they can. So the deal between the two mining companies will see Bitmain supply 27 ,000 Bitcoin mining rigs for $23 million in cash, along with $53 .9 million worth of common stock of the bankrupt firm. Apart from the mining hardware purchase deal, Bitmain and Core Scientific have signed a new hosting agreement to assist Bitmain's mining operations. The deal was finalized in August when a court filing highlighted Bitmain's plan to sell mining hardware in exchange for cash and equity. As part of Core Scientific's restructuring plan, apart from Bitmain, the restructuring plan also included Anchorage. And you guys may have seen my interview recently with the president of Anchorage and the co -founder of Anchorage, Diego Monica. If you haven't seen that, be sure to check it out. It says here, restructuring plan also included Anchorage, BlockFi and mass mutual asset finance. Apart from Anchorage, all other three firms chose a mix of cash and equity options to settle their claims. The expansion investment plan by Bitmain will come into force by the fourth quarter of 2023, pending approval from a judge. Once approved, the hardware will potentially add 4 .1 exahashes to Core Scientific's hash rate. The two crypto mining companies all have also agreed to work together to upgrade Bitmain's last generation miners hosted at Core Scientific's data centers to further increase the firm's productivity. So, folks, Core Scientific, I will be potentially interviewing the new CEO and I'll let you guys know when that's coming up. But I want to definitely get into the details here and what BlackRock is doing with them in addition to Bitmain. So I'll definitely be asking those questions once I get the interview locked in. But, you know, a lot of companies are preparing for the Bitcoin mining next year. And many of you may have seen my interview uploaded earlier today with Fred Thiel, who's the CEO of Marathon Digital Holdings, and Marathon is working with a sovereign wealth fund. So, folks, there's going to be a lot of capital coming to the market. You're going to see a rise in demand for Bitcoin as the spot ETFs get approved, especially around, you know, BlackRock spot ETF and Fidelity and so forth. So I'm very bullish, you know, like I've been saying, we are in quantitative tightening, fighting inflation, rates are high, but this will end right as it has historically boom and bust cycles. The Fed will eventually start its QE again. They're going to start printing money, global liquidity will go back up and we'll be back in a bull market. We just have to be patient, dollar cost average where possible. And, you know, don't look at the price every day because you'll drive yourself crazy. And, you know, it's very volatile. Sometimes it's moving sideways. It's very boring. And I know that's tough. But just, you know, take your positions, obviously do your research, take your positions and just be patient and then, you know, watch what these players are doing. Right. Not so much the price, but watch what the players like this are doing, who's investing, who's building, who's raising capital and much more. So that's what I'm looking at. And that's why I build this podcast to share the news, because, you know, this is not going to make mainstream news. This is not going to be on CNBC, Fox or CNN or whatever it is. Right. And a lot of people are not paying attention. But I'm glad I'm here early. If you are here early, pat yourself on the back because there's going to be billions of people coming in buying Bitcoin and other crypto at a premium and they're going to go to BlackRock and whoever else. Right. But you and I are on the side of smart money. We are on the side of BlackRock. We are on the side of Fidelity. Right. Accumulating the lows. And then when the bull markets come back, then, you know, the herds, the herd who watch Jim Cramer and listen to Jim Cramer will go by. And that's when I'll be taking profits. And I'm sure many of you as well. So once you understand the market cycles, both for stocks, even real estate and obviously crypto, you know, you can make money, folks. And that's what I had to learn. I had to unlearn the mainstream media finance and listening to Jim Cramer and all these things. Right. And study the charts and understand the market cycles and know when to buy and when to sell, because all those things, you have to be a contrarian. Right. You've got to go against your emotions. You've got to go against the herd mentality. And that's hard if, you know, all your life you've been trained to go with the herd. Right. From television and media and all these things, you have to unlearn that. And once you get it, boy, it's pretty sweet. Right. To be able to make a nice return, make nice money. And obviously you've got to diversify. I diversify into different tokens, into stocks. I've often tweeted and sometimes shared, you know, my positions. Recently, I told you guys I bought PayPal because Jim Cramer said to sell PayPal. So I bought PayPal. Right. I know it's not going to be some quick flip. It may I see I may see some nice returns by next year and that's OK. I a am patient investor looking to build wealth for me and my family. So anyway, guys, that's my approach. Let me know what you think. I would love to hear what you guys think about this news. Leave your thoughts and comments below. Hit the thumbs up button. Hit the five star rating on the podcast platforms. Don't forget to check out the merchandise store. Link will be in the description. Thank you for your support. Thank you for listening. And I'll talk to you all later. Thank you.
Fresh update on "eighties" discussed on WTOP 24 Hour News
"January sixth capital riots sentenced to five years in prison prosecutors say fifty six -year -old rodney mill street prepared rather prepped himself a day by injecting steroids and arming himself with a four -foot wooden club disguised as a flag poll before u .s. district judge james boseburg sentence mill street on friday a prosecutor showed videos of the rioters attacks on the photographer and police a capitol police officer suffered a concussion when mill street hurled his club at a line of officers more than one hundred police officers were injured during the riot the photographer captured who some of the most iconic moments in dc punk history will soon release some never -before -seen images and you can see some of them today just a minor threat photographer glenny friedman's taken many of the photos you've seen of the dc band in the early eighties with the audience right up against and in some cases credible thing is is their precision as musicians
Scott Presler: How You Can Help Register New Voters in Pennsylvania
"I'm by and i follow a lot of i'm pretty sure that was you how are we doing in pennsylvania and do you think there's a possibility based on some of the the the the the move in the republican direction that we could win pennsylvania again well i want to speak very directly and please to the listeners of the dan bongino's show hear me out week by week we are being a net loss in voter registration for the democrats by about one thousand voters per week we are making huge progress the in commonwealth of pennsylvania despite john centerman being in the united states senate right now and i'll tell you i'm currently in pennsylvania i'm in pittsburgh so if anybody listening to the dan bongino show wants to get involved come tomorrow saturday the 23rd to hundred sleek street at ten a m we're going to be knocking on doors we're going to be writing letters to new movers in pennsylvania because i have a list and of forty thousand forty thousand movers new to pennsylvania those are people that we need to get registered to vote those are people but we need to alert of the closed primary process because if you're not registered as a republican you can't vote for donald trump or governor de santas or whoever the heck you want and so we must educate those new movers because joe biden quote unquote won the election in twenty uh... twenty two thousand eight by eighty thousand votes these new movers are
Fresh "Eighties" from Thom Hartmann Program
"Control. And the thalamus can turn down your sensory volume. I remember one time I was in a car accident. I was driving down the street, Grand River Avenue in East Lansing, Michigan, back in the early 70s. And it was winter, and it was covered with ice. And my car lost, I just lost control. And I started sliding into the oncoming traffic. Now, this is only 25 miles an hour, but I had a head -on collision with another car. And I to remember this day in slow motion. My thalamus, you know, as soon as my brain realized I was going to have a crash, my thalamus just turned up all my senses and slowed down time for me. Boom, you know, that happened. So other times, like, you know, when we fall asleep, our thalamus turns down our senses so that we're not, you know, awakened by every little thing that happens around us. But there's a baseline. There's a normal volume setting for the thalamus. And what I'm positing is that for normal people who can just sit and do their work, you know, without stimulation, their need to feel alive, their knowing that they're alive, their attachment to the sensory world is sufficient. They're getting enough light, enough sound, enough sensation that they know they're alive and there's no doubt in their mind they're that alive. But I'm also positing that for people with ADHD, the thalamic gain, the volume control of the thalamus is set at a set point slightly lower than for quote normal people. And therefore, you know, little Johnny's sitting in his classroom and his volume control is down to the point where he's not getting enough seeing and hearing and feeling that he knows that he's alive and suddenly he starts feeling, oh my God, I'm dying, right? I'm not alive. I need to know that I'm alive. And so what does he do? He throws a spitball at little Jimmy sitting next to him and goes, hey, and teachers yelling at him and suddenly the whole world lights up, right? A little jolt of adrenaline and which turns up the volume control and suddenly he's alive. Now what do we do with this knowledge? What it tells us is, number one, it explains the paradoxical effect of stimulants. Why? When you give ADHD people, stimulant medications, or even coffee. It calms them down. The reason why is because it's turning up their volume control, their thalamic volume control, and they're experiencing the world in a more rich way. And now they're content. Now they're satisfied. Now they know they're alive. So that tells us that for our classrooms, for our schools, if we want to have classrooms that are friendly for normal kids and ADHD kids, that the way that we do that is by classrooms that are engaging. When I was doing a lot of public speaking on ADHD back in the eighties late and throughout the nineties, I was in Taiwan and I visited a school, a classroom in Taiwan. They have really, really high quality education there. And in this classroom, now I don't speak Chinese, so I could what was going on by watching, but the teacher stood up at the board and she went through a, it was a math class and she did the math on the board and all the kids were making notes and following along. And then then she sat down and then she called on like six kids in the class, about 20 kids in the class. She called on about six of them, five or six of them. And those five or six stood up and she sat down at her desk and those five or six kids then had three or four kids around each one of them. They formed little pods and the ones standing up would start talking and engaging with the ones who were sitting down and one by one, the ones who were sitting down would start standing up. I didn't understand what was going on as I was watching this until the entire class was standing up. So afterwards I asked the teacher what was going on there. And she said, I did the lesson. And then I said, now who understands this enough to teach it to somebody else? And five kids raised their hand and said, I can do it. And so I had them stand up and teach little groups of their own peers. It's called peer education. And as their peers learned it, when they got to the point where they felt they could teach it, they stood up too. They didn't have to teach it, but they stood up to say, okay, now I get it. And we did that until everybody in the class was standing. Everybody was engaged. The need to feel alive was fully met. So anyway, that's That's the article that we emailed out last night to all the people who are subscribers. Again, it's free to .com. hunterfarmersworld And it's called What Maslow Overlooked the Need to Feel Alive. And you know, you'll I think find it interesting, particularly if, if like me, if you are an ADD person or you have ADD kids, I'm both or you know, you're interested in the topic. We'll get back to politics here. Trump's viciously anti -worker record in the spotlight ahead of his Detroit trip. I'll tell you about that in just a minute. And I'll be picking up your
GM President Fires Back: 'Flow of Misinformation' Could Prolong Strike
"Myths being shared out there in other some words of the lies by the UAW boss UAW leadership leadership claims GM pays its team members poverty wages you also heard this from the Marxist Bernie Sanders this is simply not true in our current proposal we are offering a 20 increase percent how wage many of you are getting that including for temporary employees who make only up six to ten percent of our workforce what he's trying to say there is it's not like we're hiring all these independent contractors and temporary employees to get around the contract we only have a very small number of our employees who are temporary and they're getting a huge increase too says that means about eighty five percent of current representative employees would earn a base wage a base wage of approximately eighty eighty two thousand dollars a year did you know that mister set in base wage contrast the average median household income in nine areas where GM has major assembly plants is fifty one thousand eight hundred twenty compared dollars to the eighty two thousand and total compensation for the eighty five percent of the workforce with overtime and benefits ready will be more than one hundred and fifty thousand their benefits are through the roof overtime and all the rest so the base is eighty two thousand even before you get the benefits add in the benefits in the overtime thousand dollars a year over one hundred and fifty now can you imagine a forty percent increase? for a four day work
Fresh "Eighties" from News, Traffic and Weather
"Traffic on south on 67. It'll take 13 minutes to get from 18 to 512. Our next hopeless traffic at 844. Como four Shannon O 'Donnell checks our weekend forecast. It's a little bit different from today Northwest. She's in the Northwest well space Services Weather Center. Either everybody the final hours of summer. It's fading fast. It sure was a pretty way to say to goodbye it today with blue skies and mid to upper seventies, even a few low eighties in the South sound. But a quick drop fall. into We'll see showers at times on Saturday. Highs just in the sixties for the first day of our new season. More serious storm doing Sunday night into Monday. We've got a weather worn up for the Monday morning commute due to heavy rain and gusty winds and the couple for Weather Center. I'm meteorologist Shannon O 'Donnell. Clear skies 65 degrees in Seattle. lady First Jill Biden heaped praise on researchers at Seattle's Fred Hutchinson Cancer Center, where she spoke on her own experiences. Northwest News Radio's Ryan Harris was there for the visit. Dr Biden says just about all
A highlight from "DO NOT Buy Bitcoin Now! Here's WHY..." | Gareth Soloway
"I'm back and we're one day before the FOMC Bitcoin still at 27 ,175 now Gareth says Gareth Soloway He says that Bitcoin can get back to $30 ,000 But then he also says that even though Bitcoin can get back to 30 ,000. He wouldn't actually buy it. Listen to this Now interestingly enough, let's talk about how high can price rally right? So, I mean, let's let's talk about it So if you're someone who's saying wow, do I buy Bitcoin now? Honestly the answer is no now But he does think you can go back to to $30 ,000 So listen, what we're gonna do is we're gonna get Gareth on the show a bit later on He's gonna talk to us about what he meant when he said he thinks Bitcoin can go back to 30 ,000 level But he wouldn't actually be buying Bitcoin right now and that's ahead of the FOMC now. Remember it's a big FOMC why because we haven't heard from Jerome Powell since the 25th and 26th of July, so we haven't heard anything from Jerome Powell since the 25th and 26th of July and Remember that since the 21st and 26th of July we've had two very big inflation readings So the big question is what is Jerome Powell going to do tomorrow? Is he going to engineer a soft landing that is one thing that he could be doing or or or is he going to Fly the plane like that plane that got lost I think what we need to do is we need to spend some time talking about this because honestly Honestly, honestly, honestly I Mean, how can anyone? Lose an 80 million dollar plane even the Biden administration. Like how can you lose an 80 million dollar plane? No one can lose an 80 million dollar plane. Not even the Biden administration So this we've got a lot to talk about today. We're also gonna talk about finance We're gonna talk about finance in the SEC. They did go to court yesterday There was a little bit of FUD that came out of the court case yesterday Usually as you know, I don't really pay attention to the finance FUD But this time it's coming from the same people that warned me about Celsius and they were right So I took the side of Celsius and they were right So as I said, I don't usually pay attention to finance FUD because I think it's like usually just bat And I think there's too much finance FUD But I do think we need to talk about what came out of the hearing yesterday. So listen, I'm back We've got a huge show today one day before the FOMC. Let's go guys I Mean we have to laugh we have to laugh Not only did they lose a plane But then like to make matters worse they want us to help them Find the plane now. I mean, this is a true story They lost an 80 million dollar plane and they want us to help them find a plane That's the type of discussion that I usually have with James like I lost the soundboard James. Where's the soundboard? I lost it on the way to work. Anyway, we'll talk we'll talk about the plane later. There's a lot to talk about Listen guys, I'm back. I'm back in the studio. We've got a lot to discuss today Got a big show ahead of the the FOMC Also, I want to talk to a little bit about Asia I want to talk to you about Binance I want to talk to you about altcoins because we are getting bounces in the altcoins as you can see right here on the bubbles But it seems like it's stuff going up one day and down the next day Which means that there's no new capital coming in we know that and what that also means is that we're getting Asset money rotation between between one place or another and then also as a city later on gathers Garrett's coming on the show So we've got a lot to talk about we're a lot we're gonna be here together But let's talk about remember if you haven't yet subscribed the channel help us because one of the things that I realized in Singapore Was the bigger our channel the bigger the guests we can get on the channel the more attention they pay their pay to us And so when you guys subscribe to this channel when you like this content And we get the content out there and you subscribe to the channel That helps the channel grow that helps us bring more bigger guests onto the channel. That's why we need you I'll bring you the highest alpha per minute show in the world every single day and You will just like the content and then everything's fine. Everything works. It's a symbiotic relationship. Anyway, let's talk about Where we are right now Let's go to the charts what we can see when we look at the charts is that Bitcoin is above 27 ,200 one day before the FOMC meeting now, I heard rumors earlier That the reason why Bitcoin was actually rising is because the mount gox trustee may be forced to delay the distribution of the mount Bitcoin 2024 till that was actually written up by the blocks I heard the rumors much earlier today and then the block wrote something about it They're saying Bitcoin bounce may be due to mount gox delay rumors, but still targeting 22 ,000. That's a fan manager called QCP bitcoins price is largely due to rumors of delay that mount gox may drag their payments into 2024 that's actually exactly what I heard earlier today. So it could be that we may not be getting the mount gox Bitcoin hit in the market. Now you ask yourself. Why would that happen? So you very simply why would that would happen mount gox was hacked in 2014 this this this story took place in 2014 The liquidator like the FTX liquidator earns money on The longer this drags out the more the liquidator and it's almost like think about it like a lawyer Okay so the more this thing drags out the more money that the liquidator makes and it looks like the liquidator is going to continue to Pressure the side of the year now, let's go back to the charts because I want to show you something back on the chart So then if you remember but Kyle dupes said something very interesting. He said look when we get this death cross What will happen after the death crosses, but Bitcoin will go down But then Bitcoin will go up back to the price of where the death cross happened, which is twenty seven thousand seven hundred so so far Kyle's little I don't know if you want to call it a prediction is is actually playing out and playing out exactly like said Gary says we can actually go even to 30 ,000. I actually think that both of them are wrong I think that we may at some point soon this year this this month this year We will break that 30 ,000 everyone. I've been saying it for a while I don't know if you remember but I did say at the beginning of September when everybody was completely bearish about Bitcoin and everyone said oh September's gonna finish down because it finishes down every single September. I said no guys I think September's gonna finish up so far. I'm up five point five two percent So so far it feels to me like like like like I'm gonna look I'm gonna Get this but you must realize what's actually happening here James. What what's for lunch? Scacra doesn't talk but he's chewing here. I can hear the chewing going in my one ear and out and out over there Anyway, what we are seeing here is you need to look at the open interest on Bitcoin and what you realize is that the open? interest is just Completely tracking the price which means that price goes up open interest goes up price goes down open interest goes down That's what's going on here, which means it's just short term Ups and downs so to speak that are happening in the market and it's not real volume or real buying coming in So we still I'm still not convinced that this is the pump that's gonna take us over 30 ,000 But I am convinced that bitcoins gonna go north of 30 ,000 end of September Maybe even early October and I think shaldino shares the same the same sentiment as me because he's just opening lungs and lungs and Lungs and you should I think today you opened another long on the show. Did you guys did you guys watch Sheldon show today? scarecrows Scarecrows don't talk but the children open along yes or no scarecrows He opened us a line along. Okay, so say he did open a lot the guys got big big big kahunas I think the same thing was happening with alts when I look at the alt coins It looks like we're just getting a shift from one old coin to another old coin So yesterday roll, but was up today roll, but is down yesterday rune was up today rune is down and that's exactly what's happening There's no big moves. Let's just quickly check on the one hour time frame. No big moves. No big moves in all coins it's basically just a rotation of Many the good thing is that the fundamentals of Bitcoin and I said I don't say this likely but the fundamentals of Bitcoin have actually Never ever ever been stronger and what I mean when I say the fundamentals of Bitcoin have never been stronger So there's two parts of the fundamentals. The one part of the fundamental is the research So what does the research say? What are the fundamentals behind it? The other part of the fundamentals is something that is unique to Bitcoin and unique this asset class Which is the on -chain data because if you look at other asset classes, they don't really have on -chain data Bitcoin has on -chain data So, you know like when we say fundamentals we can actually just go to the chain and we can just say look Well, what is it? What does the chain say? What is the the data on chain say and here this is where it gets a little Bit exciting so it gets very exciting. The first thing is long -term The supply held by long -term holders up to the highest that it's ever been so you can see the percentage Supply that is held by long -term holds the Bitcoin never ever ever been higher that is Also evident here where you can see that 80 % of all Bitcoin have not moved in the last six months so what we're seeing here is long -term holders keep growing and then when they lot they hold they They hold for forever because it hasn't moved for more than six months What we also see is we see the short -term holders have been capitulated. They're out of the market. We don't see them anymore They were here. They they were good tourists and then we said bye -bye and they were just sending their money back to exchanges When I look at the unchain The unchain data right now and I said I don't say this lightly the unchain data right now looks the most positive that's ever been because the coins are sitting with the people who ain't gonna sell the Coins and when I say anchor solid coins, they holding the coins for for six months plus The sentiment is also very good. And I saw this tweet by Chris Paniski and he He shares the same sentiment that I shared in Asia He was struck by how incredible and what the buzz is that happened in a token 2049. You can see his his These guys are killing my ears Thanks guys. Thanks for thanks for destroying my eardrums. I used to have eardrums now they're gone Anyway, that's his version of what happened at token 2049, but he's been around for a while He says contrasting token 25 20 49 to the first bear market conference. I went to inside Bitcoin in April 2015 the worlds are completely different and that's true because Even though from a pricing point of view, we're in a bear market I'm gonna show you something very very very interesting about where we are in the market The other thing that's happening now, which we haven't seen in Bitcoin for for for a long time Since I got into Bitcoin people have been promising me that the institutions are coming into Bitcoin. It's always been the narrative It's like look we've got to prepare ourselves got to prepare us off Because you know what the institutions are coming in when the institutions come in The price of it coins gonna go to the moon and every time the institutions never came in They launched a Bitcoin futures and bang the the price collapsed So I've always been hearing since I got you That the institutions are coming into Bitcoin when the institutions come into Bitcoin They're gonna bring all the money with him But it's been this letdown because it like as much as I've been hearing about it The institutions just haven't come but they just didn't arrive now the institutions are undoubtedly undoubtedly undoubtedly here So we have got Citibank. They are now Unveiling their own Separate blockchain which is going to which which they're going to start piloting you got this is old news But you got the LSE looking to tokenize assets in the line the stock exchange As your as you will recall if you saw my video about token 2049 in Singapore I thought hey said big bull market he predicts and if you go watch that video see what he said But he basically how he breaks down why the bull market is gonna happen in 2024 he also breaks down that AI is gonna be the narrative that's gonna lead it and then he says, okay Well, then you need to you need to be buying file coin Then a German banking giant will be able to hold a number of crypto currencies for its clients So you can see what's going on here. You can see exactly what's going on Yeah, this industry is becoming more and more institutional Deutsche Bank one step closer to launching a digital asset custody service You've got Japanese banking giant Nomura launching a Bitcoin adoption fund for institutional investors You see what's going on here the institutionals the institutions are here are finally actually getting here but we are in a very very very unique time now because this is What Michael Saylor described when I interviewed Michael Saylor last time you'll remember it if you watch the Michael Saylor discussion This is what he said about where we are now about the unique time that we are now in In the cycle able to pick up the phone and call your broker and buy 50 million dollars worth of it Right. So we're at that stage where we know it's coming but We really haven't plugged Wall Street into the asset yet We're in this in between period which in my opinion is the best time to be it's like, you know the future No one else can act on it. If you if you have a crypto account with a crypto Exchange to buy Bitcoin right now So so you hear what he's saying he's saying if you we know they're coming they just it's like it's like it's like this Imagine a concert, you know, the concerts gonna start everyone's waiting at the door, but the gates aren't open yet You know when the gates open everyone's gonna come in and go to the car the concert you have the inside information But they can't act because the doors are still closed. That is where we are. Now. The institutions are coming in this morning I saw that blockchain capital Which is one of the original og funds in crypto, these are like, you know, these are two brothers original og og og funds in crypto raised 400 and say five hundred and eighty million dollars for two new funds now if you read where did they get their money from? most of the firm's limited partners are traditional institutional investors including University endowments So they've got five hundred and eighty dollars from all of these sovereign wealth funds and guys I mean if you were here in 2017 and you were here in 2018 and you were here in 2019 and notice it you look You know in next year or in two years time you're gonna get five hundred and eighty million dollars Given to two brothers in the United States Who have got a good track record and the money's gonna be given to them by institutional university By university endowment private foundations the writing's all over the world. All you have to do is You just have to Act because it's inevitable. It's completely completely completely inevitable And I know like a lot of you may may be sitting here and going yeah But you're not crypto is full of scams and you know, you know We spoke about keeping our customers happy and how every time we get the big names in crypto coming into our into our industry We destroy them, etc, etc You need to remember that every single technology goes through the cycle and I want to read you something which I saw earlier today which made me smile and and again affirm that I was in the right direction so Visa seemed like a disaster when it was first launched the kind of people who attack new things would have been all over it from From the Wikipedia article it says listen to it says they're talking about visa However, the program was riddled with problems as Williams who had never worked in a bank's loan department had been too earnest and trusting in His belief in the basic goodness of the bank's customers and he resigned in December 1959 22 % of the accounts were delinquent not the 4 % expected the police departments around the state were confronted by numerous incidents of of a brand new crime called credit card fraud Both politicians and journalists joined the general uproar against Bank of America and its new fangled credit card Especially when it was pointed out that the card holder agreement held customers liable for all charges even those resulting from fraud Bank of America officially lost eight point eight million dollars in on on the launch of Bank of America card But when the full cost of advertising and overheads were included the bank actually lost around 20 million dollars I mean if you change the word credit card there and you replaced it with the word blockchain you'd say hell them This is exactly what's going on here.
Fresh update on "eighties" discussed on News and Perspective with Tom Hutyler
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A highlight from Top 3 Quick Tips to Stop Sugar Cravings
"Are hidden toxins and stressors making you feel run down and tired, worried about oxidative stress from exposure to EMF, 5G, heavy metals, chemicals, processed foods, and the like? You see, in our modern world, toxic is the new normal. No matter how health -conscious you try to be, the truth is that every single day, you're being bombarded by harmful toxins and stressors. When left to roam free, these toxins take on the form of something called free radicals. Free radicals promote an unhealthy inflammatory response and contribute to oxidative damage on a site or level, basically like the rusting of metal or the browning of an apple that potentially leads to premature aging, a lower quality of life, and a range of health problems. However, there is good news. Antioxidants are crucial in combating free radicals and keeping you on track, and one of the most powerful antioxidants known to man is glutathione. Glutathione fights free radicals and molecules that cause cellular damage while repairing DNA and flushing out toxins. But here's the thing. Not all glutathione supplements are created equal. If you're taking glutathione in capsule or tablet form, you're missing out on key nutrients as they will simply pass through your body without being absorbed. You can thank your stomach acid for that. However, our friends over at Pureality Health have a patented formula that utilizes something called My Cell Liposomal Technology, which delivers the nutrients into your bloodstream proven to be 800 percent more efficient. Even better, it's backed by one hundred and eighty day money back guarantee. And today we have a 30 percent off coupon for you. Just visit Pureality Health dot com. That's P .U .R. A .L .I .T .Y .H .E .A .L .T .H .com and use the coupon code DRJ to access 30 percent off today. Again, that coupon code is DRJ. Use that at Pureality Health dot com and check out their My Cell Liposomal Clutathione. If you're looking to come off of sugar, then these three key tips are going to be absolutely critical to get results in the end, the sugar cravings. And so the first big tip is just a mindset shift to where you're saying I am worth it for many individuals. And this may or may not resonate with you. That's OK. Many of us really we have these self sabotaging thoughts and behaviors and oftentimes we're tired and we get this idea, hey, it would feel really, really good right now to have this sugar, to have the ice cream, to have whatever it is that you're craving. And you've got to remind yourself, I am worth more than that, that I am worth getting results and I am worth ending these cravings and I will not be enslaved a to craving, a flesh desire in this case. And so, you know, it's great to be able to enjoy good food. And the cool thing is when you're following a low carb, high healthy fat diet, when you're following a healthy diet, there's many great foods and great flavors that you get a chance to enjoy. But you are worth so much more than falling victim and being enslaved to cravings for sugar, processed foods and junk. So you want to shift it. You want to say I am worth it. And you also want to link pain to those foods. Literally, like if you crave, I don't know, Ben and Jerry's ice cream or, you know, some sort of, you know, I don't necessarily want to want to say anything bad about their brand, but some sort of processed food. Just whenever you think of that food, link it to pain that you may experience in your body, whether it's, you know, a mental, emotional thing like a relational problem, like your anger, like your anxiety. It could be a pain in your knees or in your back, or it might be the rashes. We might be rashes that you have on your skin or digestive problems. Link it to that problem, experience and feel the pain of living in that problem and link it in your mind to that food. And then you'll feel, hey, you know what? I don't want to go down that that trail. I don't want to go down that track and you'll make better choices. I just want to interrupt this podcast to tell you about this amazing product called Joint Support by Pure Health Research. If you're out there and you're struggling with stiff or aching joints and you're tired of letting that discomfort steal the joy and freedom from your life, you've got to try Joint Support. It contains seven of Mother Nature's best superfoods for supporting comfortable, healthy and flexible joints, and it even promotes healthy cartilage growth, too. Now, all it takes is one small capsule of joint support every day to start feeling the positive effects on your joint health. And as a listener of our show, you can try Joint Support risk free today and get a free 30 day supply of Omega -3 when you take advantage of this special offer. It can promote healthy joint lubrication, making it easier to move in comfort. You're also going to get two free e -books so you can learn more about joint health. Just head over to getjointhelp .com forward slash jockers.
Fresh update on "eighties" discussed on The Dan Bongino Show
"I'm by and i follow a lot of i'm pretty sure that was you how are we doing in pennsylvania and do you think there's a possibility based on some of the the the the the move in the republican direction that we could win pennsylvania again well i want to speak very directly and please to the listeners of the dan bongino's show hear me out week by week we are being a net loss in voter registration for the democrats by about one thousand voters per week we are making huge progress the in commonwealth of pennsylvania despite john centerman being in the united states senate right now and i'll tell you i'm currently in pennsylvania i'm in pittsburgh so if anybody listening to the dan bongino show wants to get involved come tomorrow saturday the 23rd to hundred sleek street at ten a m we're going to be knocking on doors we're going to be writing letters to new movers in pennsylvania because i have a list and of forty thousand forty thousand movers new to pennsylvania those are people that we need to get registered to vote those are people but we need to alert of the closed primary process because if you're not registered as a republican you can't vote for donald trump or governor de santas or whoever the heck you want and so we must educate those new movers because joe biden quote unquote won the election in twenty uh... twenty two thousand eight by eighty thousand votes these new movers are
Recovered Food Addict Erin K. Reflects on Her Sugar-Coated Childhood
"Today on the podcast, we are welcoming Erin Kay, who identifies as a food addict. Welcome Erin and thank you for being a guest today on the podcast. Erin Kay Thanks, Susan. Great to be here. Susan Branscom Yeah, it's great to have you here. It's going to be a great discussion. We are going to get into some questions and talk about your story and your history with food and how you recovered from the addiction. I understand you do identify as a food addict, right? Erin Kay Correct. Yes, I do. Susan Branscom Yeah. Yeah. So let's start with your story. When did you know that you did not eat like other people normally, as we say, and that you reacted to food, treated food differently than others? When did you start talking about your story? Erin Kay Well, I had a sense that I was different around food, pretty young. And as a young teen, I started to think more about it. An event that really stands out in my mind from my childhood was when I was about six years old. I had an older brother, only a year or so older, and we would get our own breakfast. We had a new baby in the house and we'd have cereal and I would put about five or six scoops of sugar on my cereal. And when my mom, who was trained as a dental hygienist, would find our milky, sugary coating in the bottom of the bowl, she said, you cannot eat sugar. That's too much. I'm hiding the sugar bowl. And I remember very distinctly in my mind at six me like, I will find the sugar bowl. But the weirdest thing was that my brother, 15 months older, did not seem bothered by a hidden sugar bowl. And the first thing I thought was, what is wrong with him? Like, there's something wrong about him. Now, as I grew older and became more self -aware as a young teenager, I started to realize that it was probably me that was different with food. And that came from a preoccupation with food. And when I was in my young teens, I had access to more food. Like I said, growing up with a dental hygienist as a mom, we didn't have a lot of sweet food in the house. But once I started babysitting and had access to food at other people's houses, but more importantly money to go out, I was a free range seventies and eighties kid. I could just go find my fix. I could find sugar in a lot of different forms and a lot of different places with my babysitting cash and a bike or a bus pass. I just got busy getting the food that satisfied that craving. I needed it to feel normal after not too long. So consider I my childhood to be what I call sugar -coated. I would get sugar wherever I could get it, from my grandparents' house, babysitting. And in my high school years, I remember swearing off certain foods. I gave up M &M's for a while just because they were running my life. And as a 14, 15 year old kid, I didn't start dieting really until my teens. And that was really hard to do. I usually try to just over exercise because giving up food just did not seem like it was an option. Yeah, I relate to a lot of what you said. I remember my birthday cake when I was five years old. I mean, today, I'm 64. I still remember my birthday cake. I remember the colors. I remember how it tasted. I remember I couldn't wait to have it and have more. I mean, early. This is five years old. And the babysitting, I don't know if you ever did this, but like I'm babysitting. Let me eat their food. You know, the ice cream in the fridge or the cookies or whatever. And I wanted to get away with it. One time they came home early and I was horrified. I put the ice cream bowl back in the freezer and thought, oh, they're going to find it. No, I did that. Oh, yeah. Babysitting was free range. Lots of goodies. And then in our teens, you know, we're women. We go through puberty and the weight, you know, our hormones change, right? And weight starts coming on. And then that's when my dieting really started. Did use you diets when you were a teenager? Well, I do remember going to a Weight Watchers meeting as a preteen. I don't think I went to any more than one. But again, dieting did not seem like a very good idea. Like I couldn't handle the notion of not being with my food. It was my solution. So what was interesting was that at age, I went to my first 12 step meeting around food at age 16 and a half. had So I a family member take me to my first 12 step meeting. So there was something innate in me that knew that dieting probably wasn't going to work very well. And then I had a degree of powerlessness that could only be addressed with help. So that was age 16.
Democrats' 2024 Magic Bullet: Mass Mail-In Voting
"To go into this a little bit tomorrow i covered it on the podcast today but the reason they're declaring all of these emergencies public health emergencies gun emergencies climate covid emergencies emergencies it's obviously they want to suspend your civil liberties we know that they've done it in the past but but one of the primary reasons they want to do it is they want to push for mail -in balloting in this next election you know i'm let me just do it right next it's important if i if i leave it i don't want to leave you hanging mail -in balloting there's a really fascinating piece by christine tate it's in my newsletter today it's bongino .com newsletter if you want to subscribe it's free it doesn't cost anything in your inbox don't worry about that but i try to include not a lot but three or four interesting articles you may not see anywhere or else sometimes we cover them on the show sometimes you don't but christine tate in the messenger has a really great piece democrats that's magic 2024 bullet mass mail -in voting sound familiar like what was this article written four and years a half ago no no it was written now like this weekend because she realizes along with everyone else that the democrats only prayer of winning a national election with joe biden on the ballot is mass mail -in balloting which is higher rejection rates in front there is it ok hold that thought in your head liberal morons as you your diapers first let's discover this here's the difference in mail -in balloting in contrast to in -person voting which by the way again is prone to rejection rates that are higher and fraud rates that are higher christine tates right rights and state in some states the changes were even more dramatic between 2016 and 2020 new jersey starts saw its share of mail ballots increase from just seven percent to an astounding 86 percent the partisan lean shouldn't be any more surprising among voters pennsylvania who voted by mail seventy six percent one for joe biden in maryland it was eighty one percent in the crucial state of georgia trump received just thirty four percent of mail -in ballots how do you see why these public health emergencies work so well for them because it already worked for them in
A highlight from Best Detox Strategies for Liver and Gallbladder Health
"Hello, and welcome to the Dr. Jockers Functional Nutrition Podcast, the show designed to give you science -based solutions to improve your health and life. I'm Dr. David Jockers, doctor of natural medicine and creator of DrJockers .com, and I'm the host of this podcast. I'm here to tell you that your body was created to heal itself, and on this show, we focus on strategies you can apply today to heal and function at your best. Thanks for spending time with me, and let's go into the show. Are hidden toxins and stressors making you feel run down and tired, worried about oxidative stress from exposure to EMF, 5G, heavy metals, chemicals, processed foods, and the like? You see, in our modern world, toxic is the new normal. No matter how health conscious you try to be, the truth is that every single day, you're being bombarded by harmful toxins and stressors. When left to roam free, these toxins take on the form of something called free radicals. Free radicals promote an unhealthy inflammatory response and contribute to oxidative damage on a site or level, basically like the rusting of metal or the browning of an apple that potentially leads to premature aging, a lower quality of life, and a range of health problems. However, there is good news. Antioxidants are crucial in combating free radicals and keeping you on track, and one of the most powerful antioxidants known to man is glutathione. Glutathione fights free radicals and molecules that cause cellular damage while repairing DNA and flushing out toxins. But here's the thing. Not all glutathione supplements are created equal. If you're taking glutathione in capsule or tablet form, you're missing out on key nutrients as they will simply pass through your body without being absorbed. You can thank your stomach acid for that. However, our friends over at Pureality Health have a patented formula that utilizes something called my cell liposomal technology, which delivers the nutrients into your bloodstream, proven to be 800 percent more efficient. Even better, it's backed by one hundred and eighty day money back guarantee. And today we have a 30 percent off coupon for you. Just visit Pureality Health dot com. That's P .U .R .A .L .I .T .Y .H .E .A .L .T .H .com and use the coupon code DRJ to access 30 percent off today. Again, that coupon code is DRJ. Use that at Pureality Health dot com and check out their my cell liposomal glutathione. Welcome back to the podcast. On this episode, I'm being interviewed by Sinclair Kennelly from Detox Rejuvenation for her upcoming Reversing Chronic Gut Conditions Summit, and we talk all about the best detox strategies for liver and gallbladder health. So we talk about the best foods, the best herbs to help support liver and gallbladder function. We talk about what to do if you don't have a gallbladder. We talk about how to optimize stomach acid and why that is so critical for healthy liver function and healthy bio flow and how to turn up the detox processes so you can get rid of xenoestrogens, pesticides, herbicides, heavy metals and other toxins that we are consuming through the air, water and food that we're consuming on a regular basis.
Sinclair, AP Polls: Biden Is Not Fit to Serve Another Term
"I need to find something else that would be supporting evidence to it. See how much of an outlier that poll is. Well, there's been no other recent poll nationally. done That was exactly the language that was used in the one I just mentioned, but the one that got closed and also came down within the past week was from the Associated Press. The Associated Press asked the question differently. They asked if he is too old to serve another term. OK, so that's the way they frame questions. the Is he too old to serve another term? And 77 percent in the U .S. said yes. So basically, I mean, we're splitting here. Seventy seven. Eighty six percent. Bottom line is the overwhelming majority of Americans. And regardless of how you phrase the question, thank you. Business serving. And while that says something about President Biden in our perception of him, oh, boy, it says just as much about us or more specifically and correctly stated in the context of Joe, not Mitch. That's a whole other issue. But Joe. Democrats. Here was the next piece of this that just kind of blew my mind. I mean, not really, but it's just like in the grand scheme of. Come on, man. It's one of those. So in this Associated Press poll in which 77 percent of people said that Joe Biden is too old to serve a second term. That included 70 percent of Democrats, 70 Democrats percent of said, yeah, you know what? Too old to serve another term. But in the next breath and the
A highlight from Week in Review - Episode 21
"Welcome to The Mike Gallagher Show Week in Review podcast. I'm Eric Hansen. Mike's on vacation, so we had a couple of great guest hosts working this week. We begin with Kevin McCullough of AM 970 The Answer in New York. He discussed some of the new revelations about former Hunter Biden business partner Devin Archer and what he had to say about Joe Biden's involvement in his son's business. We now know that in the Barack Obama, Joe Biden administration, not only did Devin Archer and Hunter Biden business partners regularly converse with then Vice President Joe Biden. He says they never discuss business. He said he never talked about any of his business with the with the with his son. But we now know from Devin Archer's direct testimony that that was not true. But it appears there may have been other administration officials that were involved in the whole shakedown of Ukraine, get them on the board of Burisma so that they could have eighty thousand dollar a month jobs, not knowing the language, not knowing anything about an energy company. Because it's been revealed in documents that have just been brought to light that then Secretary of State John Kerry, I'm John Kerry, I may catch up. Well, no, my wife's family does. I'm John Kerry and I'm reporting for duty or something like you remember that at the convention is really weird. Secretary of State John Kerry and the Obama administration evidently met with and discussed with Devin Archer several of the items related to the Ukraine scenario, getting the prosecutor fired so that they wouldn't be putting political pressure on Burisma, getting getting permissions taken care of from the State Department so that all the whole thing would go smoother. So it's not just crazy Uncle Joe. It's also crazy Uncle John. And these two have yet to answer for any of it. You cannot sell access to American political appointees or elect or elect elected officials. That's that's but where are the prosecutions? Where's the where's the three a .m. SWAT detail bringing John Kerry in in his pajamas? The Hunter Biden scandal grows more troubling every day. Meanwhile, we've been hearing a lot of chatter in the media about a covid resurgence, but is it a real threat or is there an ulterior motive? I want to go back to the phones. Let's start with Chris calling from Rockwall, Texas. Hello, Chris. Hey, how's it going? Thank you so much for taking my phone call. You got it. I was just sitting there listening to you and I wanted to see what your thoughts were. We've had all these different variants or so -called variants. I don't even pay attention to any of them, but almost nobody knows what they're they're called anymore. It's crazy. They keep coming out with new ones. And so what are your thoughts on the economic implications? Because we've had all these variants and then no news, no news. And now all of a sudden we're here and they're setting lockdowns, masks, businesses are seemingly joining this force. And I find it ironic that it has everything to do with going into a presidential year. Oh, Chris, I don't I don't know. Wherever did you get that idea here on August the 28th? Just as we're just as we're revving up after the first presidential debate and headed towards the full primary cycle. Where could you ever get such a crazy idea? Chris from Rockwall, Texas. Thanks for the call.
A highlight from The "My Guy" Fantasy Football Draft With Danny Heifetz, Craig Horlbeck, and Danny Kelly. Plus, a Cleveland Sports Check-in With Garrett Bush.
"Coming up, a fantasy football extravaganza and the tortured soul of Cleveland fans. That's next. It's the Bill Simmons podcast presented by FanDuel. The NFL season is right around the corner. There's no better place to get on the action than FanDuel, America's number one sports book. There are a ton of NFL future markets available from player props to team markets, and FanDuel has tons of offers, boosts, and more all month for the MLB, golf, tennis, UFC, and NFL. Plus, when you win, you'll get paid fast. Jump into the action anytime during the game with live betting and try out MLB live SGP's. Combine multiple bets from the same game to same game parlay and same game parlay. Plus, really fun for the playoffs, too, by the way. Download the FanDuel app today to start making every moment more. The Ringer is committed to responsible gambling. Please visit TheRinger .com slash RG to learn more about the resources and helplines available and listen to the end of this episode for additional details. You must be 21 plus and present in select states. Gambling problem, call 1 -800 -GAMBLER or visit TheRinger .com slash RG. This episode is brought to you by our friends at State Farm. There's no playbook when it comes to life or any of the other stressful tasks that adulthood throws your way. So many of us lay awake at night going through a list of what ifs. What if something happens to our home? What if I get into an accident? If life gives you a bad bounce, State Farm has a play for every what if. You can reach them 24 -7. You can file a claim on the State Farm mobile app, or you can simply call your agent with questions about your home or auto coverage. Like a good neighbor, State Farm is there. Call or go to State Farm dot com for a quote today. We're also brought to you by The Ringer Podcast Network, where you can find new rewatchables we put up on Monday night. Me, Chris Ryan, and my dad, we did The Equalizer, one of my dad's favorite movies ever. Stealth Boston movie, by the way, so you can check that out. You can also check out a new Spotify podcast that we announced on Tuesday, Strike Force 5. Oh, yeah, all the late night hosts, Jimmy Kimmel, Jimmy Fallon, John Oliver, Seth Meyers, Stephen Colbert. They got together. They had been doing Zooms during the writer's strike, and then they decided, you know what, maybe this should just be a podcast, and we'll give all the money to our staff, and that's just what we're going to do. All of a sudden, it seemed like a great idea. I remember talking to Jimmy about it and thinking, this is a great idea. This will never actually happen. They'll never actually do this. Well, they did it, and you can follow it on Spotify, Strike Force 5. You can get it wherever you get your podcasts. Can't wait to listen to this. Super excited. Those five guys all on a Zoom together, just cracking jokes. I'm ready. So there you go. On this podcast, it's the second annual My Guy Fantasy Draft. Craig Horlbeck, Danny Kelly, Danny Heifetz from The Ringer Fantasy Show. We're going to come on, and we're going to talk about all of our guys that we like, dislike, that we're afraid of in the fantasy football season, and then went to Cleveland to find Garrett Bush, who is kind of a big guy there. I got to say, he's kind of a guy. He's going to tell us what to expect from the Browns, who are the most confusing 2023 team. A lot of that has to do with Deshaun Watson, which Deshaun Watson, are we going to get? How do we feel about Deshaun Watson in 2023, just in general? And where is Cleveland Sports going? What's happened to them this century? All the good, all the bad. And he's going to lay all of it out for us. So this is a really good podcast. Can't wait. First, our friends from Pro Chip. All right, it's the second annual My Guy Fantasy Draft. Our Ringer Fantasy Show guys are here. Danny Kelly, Danny Heifetz, Craig Horlbeck, my rewatchables producer, always nice when he pops on the BS. So we did this last year. We didn't win any awards, but sometimes you don't need to win awards. Sometimes when something's great, when it works, you just kind of know it, and we're going to run it back. Heifetz, you want to explain what this gimmick is? Yeah, it's you text us a bunch of ridiculous categories and then we kind of build an entire show, right? No, it's fun, though. It's just like it's a draft, but it's not a draft. And then it's it's vibes. It's a vibes episode. Yeah, we can agree on this. The concept is like you go into a fantasy draft. We all have the same kind of guides, same kind of rankings, but it doesn't capture the love. It doesn't capture the irrational. I just believe in this guy. It doesn't capture Craig thinking that that Pickens is going to end up being Justin Jefferson this year. There's just some things he already is or fear PTSD from bad draft picks from the past. I actually listened to a lot of the pod we did last year, and it was pretty funny hearing some of the guys we were like completely enamored by that ended up being bust. And then there were some other ones that I was surprised by the accuracy of it. Danny Kelly, can you ever be right in a fantasy draft? Can you ever go perfect? One in a million. It's like picking stocks, you know, if you get one good one, then you're set. Last year, mine was Romandre. I listened to our show last year, too. Feel like I nailed that one. Didn't get some other ones right. So that's, you know, we don't have to re litigate those. But Romandre, I'm calling that one. The take I was proudest of last year was fearing Cooper Cup after the year that he had just not liking the scent of something. This is veteran experience. I've been doing fantasy, I think since like 1989, 1990, something like that. All right. So I'm going to rip through the categories here. And then we're going to go at them one at a time. This is not, it's a draft, but it's not a draft because if we all have the same guy for a category of two of us have it, it's fine. We're okay. Um, the categories are my one true love, the guy that we just liked the most, my crazy pills guy. Do you want to explain the crazy pills thing, Craig? Uh, I think it could go either way, right? It's either you feel like you're taking crazy pills because nobody else likes the guy you like, or it's the other way around where you feel like you're taking crazy pills because everybody likes this guy and you don't understand it at all. So there's a little variance on that one. You can go either way. There's the my I absolutely hate myself for doing this guy, which seems to happen over and over again in fantasy where you go in there, drive like, well, I'm not going to end up with Russell Wilson. Uh, that was the example I used last year. It could be the example you use again this year. I'm not even gonna spend a dollar for Russell Wilson. Then it gets to the 17th round. If you're in a booger eater draft or, you know, you have $5 left for five guys and it's like, ah, Russell Wilson, Sean Payton, and all of a sudden you have Russell Wilson and you have no idea how he ended up on your team. So that is the, my absolutely hate myself for doing this guy. Uh, there's the, I'm going to add this category. It's a little sub category. The I'm staying away from that whole team team. There's teams where you're just like, I'm out, I'm just blind out. I don't want one person from that team. I'll see, we'll see if we agree on that team. Then we have the, my shameless Homer pick guy. That's going to be really, I mean, Craig, you don't even have to go. Uh, although there could be their tickets like plus 500, but I think we know pick is going to be there. There's the, my, I wouldn't take him even if he was free guy. So you're putting them on your D and D do not draft list. I had McCaffrey as my guy for this last year, which looked brilliant for about six weeks. Then he got traded a machine of an offense. We have the, my, that 2022 booty call isn't happening again guy, which is a new category for this year. This is the, you stumbled into somebody in the free agent auction, maybe in November, you wrote them for a couple of weeks, some fond memories, but you know, as a one night stand or, you know, as a three week stand and you're not going back, then we have the, this is a classic one. The somebody's got to get points on that team guy. We just look at all the teams and like, well, I don't know. Everybody scores 300 someone's catching passes on that team. Someone's rushing for 970 yards. There is the, my sorry, I'm sorry. That's too rich for my blood guy where you look at the draft guide and you see some of the salaries next to the guys. Then you go wait at $47. So Najee Harris was my guy for this last year. And I was proud of that one. There's the, my $1 QB guy. You're not, he's not going to make it break a draft, but you're also kind of secretly stashing away in your head. And we all have our $1 QB. There is the, my I'd be afraid to look on Tuesday and see the red flag guy, which I've added this year. I didn't even tell you about this category. You take the guy and it's going great. Eloy Jimenez is the ultimate baseball example of this. It's going great. You're feeling awesome. And then you go on there on a Tuesday and there's the red flag with the yellow box that there's news. And you're just like, Oh no. Oh God, what happened? And there's certain guys who just, it happens every year. A cousin of that, the, my, I know there's a 99 % chance he's getting hurt again, but God damn, I can't resist this guy guy. Then we have the, my Cooper cup. It's a year after the year guy. So I named this category after Cooper cup. So who is it this year? They had their year last year. Don't do it again. Don't get sucked in five more. The my, I just want everyone on that offense. I don't care guy. The my it's a year too early, but fuck it guy. The my missionary position. We've all had him guy. The my, I fell for the preseason hype guy. And then finally the, my I'd never root for an injury, but he is one injury away. That guy. All right. So we're going to start with my one true love. We're going to go and we're going to go on one, two, three, four on the zoom. And then for the second round, then the second guy will go, Danny Kelly, you're up. All right. My one true love. Who is it? I got to go with Tony Pollard for the Cowboys. I'm irrationally in love with this guy. I've been saying it. I think there's nothing you can say. It convinced me that he's not the best player in the NFL. Like, like just pound for pound, the best player in the NFL. Um, you know, last year he finished as the RV seven this year. He's going to be playing, I think more snaps, getting way more opportunities. If he can get up to like the same level of opportunities as Ekeler and CMC, you know, cause he's in that style of runner. I think this guy could finish as a top three running back in the NFL. And so I am, I'm just like full as a gentleman said, full bloom in love with Tony Pollard. I just can't, I can't help it. So in the ringer fantasy guide, he's 13th right now and he's gone for $42 in auction. So you think that's low? Yeah, I would, I would, I actually had Pollard too. Wow. We all have Pollard. Wait, did you too, Krik? I'm scared now. Yeah. Yeah. Oh, that's, well, that's, that's, this is a sign that, yeah, this is a terrible sign, but I just, I mean, just to pile on to DK stats here, Zeke had 12 touchdowns last year and Nick and Tony Pollard was a top 10 running back. Like what else do you need to hear? Like every time Tony Pollard was on the field, he was the best running back in the league. And now Zeke's gone. Like I rest my case. This is the pregame show where they all pick the same team to win a football and then that team loses. So you should probably stay away from Tony Pollard. Wait. So all three of you had Tony Pollard for this? Yeah, I can give you some. We did not discuss this before coming on. I didn't expect that. Oh, my God. Talk about groups and Jesus. You know, it's, you know, what sucks about this is that means when I have my big auction draft in a week and all my friends are going to be listening to this. And when Tony Pollard comes up, I'm not going to get them because they're all going to bid them up for $57 if I want to get them. Well, Bill's like, oh my God. Well, here's the argument. Rich Rebar, who works for Warren Sharpe, he's at Sharpe Football Analysis and he is a really good comp, which is basically Melvin Gordon was playing ahead of Austin Eckler for years. And everyone's begging for Austin Eckler to get the job. And then Austin Eckler finally got the job and the charges got rid of Melvin Gordon. And then Austin Eckler still wasn't really a first round pick. And we talked ourselves out of it. We hemmed it on. This is Tony Pollard again. It's like Zeke is finally after five years out of Dallas. And we're like, yeah, any point you get Tony Pollard, that's actually crazy. Like, honestly, you could get him for forty five bucks. Austin Eckler is going to go for 60. Tony Pollard would probably just be better than Austin Eckler this year. I kind of genuinely mean this. Tony Pollard should maybe be the first pick in fantasy football. Right? You can convince me. Kind of genuinely. Well, he does have a great offensive line. There are going to be a couple of games against bad teams where he, you know, you have him on Thanksgiving or something and he puts up the four touchdown hundred and eighty yard game. I can see it. So I guess I'm up then because you guys all agreed. You can have anybody you want. My one true love this year, Jalen Hurts of the Philadelphia Eagles, who I also like for MVP. So. Last year, he missed two games and they also blew out what what was a D .K. like seven, eight team, seven, eight games where they just like in the fourth quarter, they didn't even really have to play offense. They're just kind of running out of the string. Yeah, I don't think their defense is going to be as good this year. Sheila Kapadia on the on the NFL show has been talking about this. I think it's to be better than he thinks, but it won't be as good on it. And their schedule is tougher. But, you know, is it possible that he's like a four thousand one thousand guy with some sort of combination of 40 to D like everyone agrees they have the best offensive line in the league. Everyone agrees the one to A .J. Brown, Devonta Smith punch is way up there. And I'm saying like Schrager on TV this week was saying Devonta Smith, this is the year he jumps up to the chase class. So we have that with Dallas Goddard, who everybody thinks is the best all around tight end in the league, the guy who actually blocks and plays three downs, running backs, whatever. Put anyone behind there and they'll gain 80 yards. And then he's going to get a lot of the goal line carries. I think he's my top QB this year. I think I would take him before everybody else. So I don't even think it's that controversial. What do you think of that one? He is, I think you're right. I think the key point you have there is that he barely played in the fourth quarter last year. That's the key thing. He was already in a per game basis. He was the best quarterback in fantasy last year and he barely played the fourth quarter. Yeah. So you could argue he hasn't even reached the ceiling yet. He's our number one guy on the guide right now, I believe. Shameless plug for fantasyfootball .300 .com. He's our 21st player. We have like all our rankings there. And yeah, he has the highest floor and the highest ceiling. My favorite stat about Jalen Hurts, other than 18 rushing touchdowns in 18 games last year, Jalen Hurts had more games over 30 points than under 20. That's everything you want in a quarterback. Well, so he's number one in our guide, but I still feel like in a draft, Mahomes is going over him because of the Mahomes. It's just the most fun to have Mahomes. The R. And I actually think that's a little nuts this year. DK, Hurts is I think either 12 to 1 or 11 to 1 on FanDuel for MVP. And I think those odds are the most out of whack of all the MVP odds, because that's, if you're going to say the MVP is going to come from an awesome team, they're probably one of the five teams that has a chance to go 13 and 4, 14 and 3, something like that. He, they have the most talent on offense, I think, of any team that's going to be in the MVP conversation and we've seen him get better every year. So why is he 11 to 1, 12 to 1? Shouldn't he be like 6 to 1, 7 to 1? Shouldn't it be where Josh Allen is? I don't, is it just because of the previous like impressions that he was a, what was he a third round pick or second round pick and maybe hold on to that for too long? Or maybe it's just because he's surrounded by such a good team. I don't know. But yeah, like you said, he's improved pretty much every season he's been playing, even going back to college. You know, from everything that we've heard, he is maniacal about like working and leadership and just all the things, all the intangibles. And then, of course, you know, if he takes a jump as a passer this year, you know, that's going to be huge for him because he's already like one of the best running quarterbacks. He's double digit rushing touchdowns in the last two years. You know, everything about him screams just, you know, like the face of the franchise season. He's everything they want. And so I could see it like from a narrative point of view, for sure. It reminds me of what you used to have with Russell Wilson when he was alive.
A highlight from GREAT NEWS FOR CARDANO! (XRP The Young Mans Crypto)
"Ask Sherwin -Williams and get 35 % off Emerald products and Superdex stains, August 25th through the 28th. That means 35 % off our most popular color family, blue. Psychologists have found it to be soothing and relaxing, which makes it especially great for bedrooms and bathrooms. And of course, get 35 % off all of our other colors. Shop the sale online or visit your neighborhood Sherwin -Williams store. Click the banner to learn more. Retail sales only. Some exclusions apply. See store for details. When you drive the most dependable mass market brand, you can stop thinking about what you can't do and start doing what you never thought possible. Visit your local Kia dealer today to see yourself behind the wheel of the number one most dependable mass market brand three years in a row by J .D. Power. Kia. Movement that inspires. Call 800 -334 -KIA for details. Always drive safely. Kia received the fewest report of problems among mass market brands in the J .D. Power 2021 to 2023 U .S. Vehicle Dependability Studies. 2023 study based on 2020 models. See J .D. Power dot com slash awards for 2023 details. Last, plan renews at $99 per year. $250 credit back minimum. Excludes alcohol, germs apply. I see too many people who are like, oh, if Fox says it, it must be true. And Fox is just a different kind of evil than CNN, but they're owned by the same people. The ultimate goal of Fox and CNN and MSNBC is to create chaos and anger because the everyday person in the United States has more in common than they want us to. Oh, for sure. U .S. SEC not coming out to Cardano. Charles Hoskinson whips it out online, explaining the SEC's continuous crackdown on crypto entities is political and has nothing to do with securities laws. Chuckie Ho Ho, founder of Cardano, believes the United States Securities Exchange Commission will not come after the project's native token, ADA. Interesting. He didn't say not him, but not ADA. OK, that's fine. During a recent YouTube interview on Corey Costa's crypto coins, shout out Corey Costa, a friend of ATB, Hosky pointed out that there has been no enforcement action against ADA so far. Hasn't there been a couple things where people delisted Cardano? Yeah, a lot of exchanges have delisted in anticipation that something happens, but nothing like there's like misinformation out there. I've actually talked to people who think that right now Cardano is in a lawsuit with the SEC and that is not true. Same. Same. Before we continue with the story, hit that like button. Drew, where are we at for likes, bro? Pull that mic down. Let the people hear your smooth dulcet tones. We got two hundred and eighty eight likes. Need to pump those numbers up. These are. How do I say this nicely? These are Mike Pence at the debate last night. Numbers. We need to bump these numbers up, folks. OK, prove that you are not a Fed and hit that like button. Subscribe to this channel. Leave a comment. Get active in chat, bro. Drew, give me a poll. Who won the debate last night? Poll the audience. Let's get it going. Krit Kratts, Nick Tator hosting very bullish for crypto. Heck yeah, baby. Let's keep on going. SEC is not coming after Ada in two recent lawsuits against the world's leading crypto exchanges. Coinbase and Binance. The SEC classified roughly twelve tokens, including Cardano and a bunch of other ones. Philcon. Yep, Philcon. Oh, Philcon. That's how you say it. Insisting they ought to be registered. Insisting. We're like stamping foot. Should be registered before being listed on exchanges. Coinbase CEO Brian Armstrong and Harry's Razor's number one customer once disclosed that the agency had asked the exchange to delist all tokens except Bitcoin as they qualified securities. Isn't it weird that like last week. The CFTC said Bitcoin and Ethereum were both commodities. Yeah, I mean, what's what's the Gary wants control, Nick, but it's over, right? Like no one can serious. No one can take the SEC seriously if another agency says the thing that the SEC says is security is a commodity. I mean, I don't know if anyone has been taking the SEC seriously for a minute now, but we know Gary tries to fight with every weapon he has. And unfortunately, he still has a lot of weapons. They don't work very well, but he still uses them. Yeah, and it's the delay tactic. He wants to delay everything he can. Yeah, yeah. So someone said watching Nick is painful. Well, look. Pain and suffering makes you a better human being, OK? Reject comfort. Watch this stream while I host. All right. Who won the debate last night? Vivek Pence, DeSantis, Trump. I would have put Nikki in there instead of Pence because Pence was just like a buffoon. Anyways, SEC's move is political. Yeah, we know this. Cardano Boss said the one political party in the U .S. which received a lot of money from S .F .F. is trying to show that they are not corrupt. Hence, they have moved from being bipartisan and working with other parties to create crypto rules, to accusing everyone of being a bad actor in time to throw them behind bars. I'll disagree with Hosky here saying there really is only one party in the United States. OK, it's a uni -party system. There is no true opposition. OK, I would say that the Republicans and Fox News are controlled opposition. It's it's the two two wings on the same bird at this point. Would you agree or am I am I being a little too? Oh, no, it's it's extremely obvious the same people own both sides. And I've I've said this before. We've talked about this on Investing Bros that people don't need like I see too many people who are like, oh, if Fox says it, it must be true. And Fox is just a different kind of evil than CNN, but they're owned by the same people. The goal ultimate of Fox and CNN and MSNBC is to create chaos and anger because the everyday person in the United States has more in common than they want us to for sure. 100 percent. They want us to think that if you don't agree, if you're not a Republican, you are the evilest person in the world. If you're not a Democrat or Democrats, you're the evilest person in the world. And they make money by sowing this disunity. Yeah.
A highlight from The Mike and Mark Davis Daily Chat - 08/25/23
"Turbulent times call for clear -headed insight that's hard to come by these days, especially on TV. That's where we come in. Salem News Channel has the greatest collection of conservative minds all in one place. People you know and trust, like Dennis Prager, Eric Metaxas, Charlie Kirk, and more. Unfiltered, unapologetic truth. Find what you're searching for at snc .tv and on Local Now Channel 525. I need to know from my Broadway Maven friend Mike Gallagher how many productions of West Side Story have you seen? I think I've seen three and I'm just a pretender in terms of consumers of the compliment. That sounds like an absolute slur. No, no, no. Is that a slur? No, a maven is somebody who is immersed in something, an expert in something, somebody who is well versed in something. Broadway aficionado or as they say in Maryland affectionado. Great, great. Well, last night was a big night. Sit tight, sit tight, sit tight. I do everything for a reason. First answer the question. It's Leonard Bernstein's 120th birthday. I don't know. Close, close. How many times have you seen West Side Story? A few, a lot. It's probably either that or Man of La Mancha or I don't know what is my favorite but it is indeed Leonard Bernstein's birthday born this date 1918. There's a movie about him coming up in November with Bradley Cooper as Leonard Bernstein. A lot of drama about that controversy. Tell us why. Do you know why? Yeah, well he has a prosthetic nose apparently to try to recreate what Leonard Bernstein looked like. He had a big schnoz. He had a honker on him and Bradley Cooper doesn't so they did that but now all of a sudden it's Jew face which is just uncomfortable to say. It's like blackface where somebody white plays somebody black. It's like Broadway maven. No, it's not like that at all. So that's a stupid controversy. Bernstein's own family said we love Bradley Cooper. We love the movie. It'll come out. Now let's talk about the real life drama. The floor is yours, political maven Mike Gallagher. Let's talk drama. You know I love talking about swapping stories. So let me tell you a story. Let me first stipulate. I've got such a splendid team. I've got a team. I was thinking last night, Derek, Eric, Tracy, Adam, these are can -do people. They spring into action. You've got them there in Dallas. You've got Rhonda and of course all your great people around you, Gordon and Matt and everybody. We love to be surrounded by positive can -do people. So last night I get off the plane from Tampa. I'm in Atlanta. It's about 190 degrees here and I say to Derek, Derek, I gotta really hustle. I gotta drop my bags off. Give me the address of where the action is. Tell me where to go because I'm not sure, you know, the Fulton County system where he goes, got it, got it. And Derek goes fast. Sometimes when you go fast, you miss some key details. So he gives me the street address. Now I show up at the courthouse. It's a row of TV trucks. I'm thinking good. I'm in the right place. Look at all these TV trucks. But there are no people. So I'm now walking. Now bear in mind, I'm not kidding you. It is 100 degrees. I'm not exaggerating. It's literally 100 here and the humidity is about 200%. I'm schlepping around, schlepping around the courthouse and I can't find anybody. Finally I see a TV reporter and cameraman. I say, can you tell me where the protesters are? Oh yeah. Yeah. They're two blocks over. Cause I want to interview some people. I want to enter. I'm there to get the action, right? Of course. Of course. And I see a hundred TV trucks. It's gotta be, so I go to us two blocks over. So I go over and there's like a handful of like young people and they're like black and white kids. And I go into the crowd and I said, do you mind, Hey, I'm Mike from Salem radio network. You mind doing some interviews? Oh sure. Sure. I'm glad you're here. We'll talk. And they say, Hey, how are, why are you? They start talking about the police state and the, the, the, the, the authoritarians of the police department. I'm thinking, Oh gosh, I got a bunch of young pro Trumpers talking about the weapons, the weaponization of law enforcement. So then I bring it back to Trump and they look at me and they cock their heads and they say, Trump, I'm like, I said, finally the third kid I interview. And I started to notice there's a, I started to see, well, there's a rainbow flag over in the and background there's a black lives matter flag. This is a strange, this is a pro strange pro Trump group. I said, you're here for Trump. He said, Trump, we're here for Johnny. I said, who the heck is Johnny? Johnny is apparently somebody who was killed by the police. It's one of those police shooting protests. I get on the phone to Derek. I said, Derek, where are the peers? He goes, Oh, are you at the jail? I said, no, I'm at the courthouse. He said, Oh, you're in the wrong place. So now I said, please tell me the jail is a block away from here. It's just cause you're schvitzing like nobody's business. Try 25 minutes away. Try 20. Now, meanwhile, Trattup is, Tom Trattup is texting me saying, you better get there. He's landing. He's at the airport. Trump's on his way. I'm like, now I'm, now I'm running now. By now they've closed the highways because you see for a motorcade, that's one of the dog on his motorcades I've ever seen him. Well, but I want to talk about that with you in just a moment. Because he's just an ordinary prisoner, right? Exactly. Yeah. Just another prisoner. But now I can't get there because the roads are all closed for the motorcade. Cause I've been, you know, hanging out with black lives matter protesters, you know, giving them business cards and show materials. Let's go Donald Trump. And they're looking at me like I'm out of my mind. And then they're nice kids. I mean, they're just upset about a police shooting. Listen, let's put it this way. Let's stipulate Edward R. Murrow in the trenches covering the battle of the bulge. I ain't, I mean me walking around in a hundred degree weather trying to, so finally I get to within about two miles of the jail, the Uber driver Mustafa, who's already annoyed about the traffic. He drops me off two miles from the jail. And as CJ, the great engineer here in Atlanta put it, the jail is in the hood. The jail is in, I'm now walking, well, I'm in the hood walking the whitest guy in America and people are offering me drugs. I've got it. I had a discount on some crack. They're friendly people in Georgia. They're trying to do business with this, you know, white guy walking through the hood, clearly trying to find protesters. So it was unbelievable. And I'm not kidding you. It was, I will put it this way. Let me put this in a very dangerous neighborhood. Okay. And I am walking and I'm walking and I'm cursing and I'm saying I'm going to do things to Derek that third world countries do. I could not believe the position I was in. Anyway, long story short, I finally get there. As it turns out, when I got there, what comes pulling out of the Fulton County jail? The Trump motorcade. So I got video of the motorcade. I saw, you know, the whole procedure. I interviewed a bunch of people, white, black, pro -Trump, anti -Trump, and it all turned out, you know, fine. But it was interesting to talk to all the angry Atlantans who came out to witness this spectacle and they can't believe that their city is front and center in this disgraceful act of the prosecution of Donald Trump. You know, Biden yesterday celebrating the arrest as a great day to donate to his campaign. Did you see that vicious Nicole Wallace at MSNBC? Did you see what she did? Stifling a laugh. She's laughing about the fact that Trump was booked in a jail where two people had died. She thought that was funny. I mean, you know, the great Jesse Waters dressing down Jessica Tarloff calling her out for being giddy about the arrest. It's Christmas in August. It's Christmas in August for them. And as Jesse put it to the liberal on that, this is no time to celebrate. This is beneath you to celebrate, but they do celebrate this because it isn't serious. It isn't legitimate. I mean, this is brutal, just brutal. And, you know, I'm just trying to make sense of it all, Mark, with you and me, and we're trying to understand the enormity of it all. We're trying to survive this. And I will tell you that for people who live in Atlanta, who came in the brave, the heat to stand out there and wave a Trump flag or wave an American flag. I met a guy from South Dakota, incidentally, who came here in a truck convoy from South Dakota and a great. And incidentally, the guy was like, I can't believe I'm talking to you about two years ago. I was yelling at you on the radio when you was out driving and he was the nicest guy. We had such a great visit and we just commiserated about how low we've sunk. Historians are going to look back at this day and say, what were they doing? What did they do? Do you think they will? Well, I won't give you my speech on historians again. Historian is like a constitutional scholar. It's a law. I'm pretty serious, too. It is a lost profession. Historians are political hacks. If Trump does prevail in this, and especially if he is elected and wins, the historians who seem to be working today and dominating today will say that America missed an opportunity to heap accountability onto an evil leader who is elected by the enthralled cult worshiping masses. That's what today's brand of historian will say. I pray to God historians pull their heads out and realize what is happening. Well, I saw Jonathan Turley when I got back to the hotel and I put the cold compresses on my forehead and I got the smelling salts and I sat in the cold tub for two hours to try to recover. Again, a war correspondent I ain't. Jonathan Turley said something last night to Sean Hannity. It's a quick paragraph. I want to read this to you. He says, this is a law professor. And oh, and by the way, speaking of social media, Trump's back on Twitter. Back on Twitter. Eighty six million followers. How many likes? I wonder how many? How many views? I'll look while you share the quote. Go ahead. The quote is this is Jonathan Turley's exact words. This is criminalizing the challenge of elections. You have a Democrat prosecutor saying, how dare you challenge a Democrat victory? That's it. And it's been done before by Democrats, including this one. Red State found all these instances of Fannie Willis questioning the outcome of elections. She's done it before. You have a Democrat prosecutor saying, how dare you challenge a Democrat victory? The case is based on the theory that Trump was it was challenging this election illegally was pointed out. This is the eleven thousand. I need to find eleven thousand votes. The way the way she portrayed that phone call. These are Jonathan Turley's words, Mark. The way she portrayed that phone call is evidence of the bias and unfairness of aspects of this indictment. And to the left and to the Trump haters, this is the whole indictment. I need how many? Eleven thousand. Eleven thousand. Jonathan Turley said it makes perfect sense when you're challenging an election to say, I only need eleven thousand photos or votes. That's not a lot in Georgia. That's not criminal. That's making a case for a recount. Especially when the number is especially when everybody woke up and found that things had changed crazily overnight in a number of states. And there were votes that were being counted that maybe shouldn't have something were being not counted that maybe should have. So, OK, in that fog of uncertainty, find me eleven thousand legal actual real votes. And let's see what we can do here. There's nothing illegal about that. There's nothing criminal about that. And that's their whole case.
A highlight from 1379: Bitcoin Will Reach $400,000 Next Halving Epoch
"In today's show, we're going to be discussing Bitcoin analysts eyeing a V -shape Bitcoin price bounce as the RSI hits a five -year low. I'm also going to be sharing with you a new Bitcoin bull cycle metric, which bought them before 70 % gains. We'll also be discussing mysterious Bitcoin wallet becomes the third largest Bitcoin hodler in under three months, now at over $3 billion. We'll also be discussing the trader who nailed the 2018 Bitcoin price floor predicts the bear market bottom for crypto. I'll be breaking down his outlook. We'll also be discussing Guggenheim predicts a $400 ,000 Bitcoin price prediction, as well as Blockware. They share that the Bitcoin price can reach $400 ,000 during the next halving epoch. I'll be breaking this down for you. 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 Cryptonewsalerts .net. Welcome, everyone. Just joining us. This is podcast episode number thirteen hundred and seventy nine. I'm your host, JV. And today is August twenty second, twenty twenty three. And naturally, we have lots to cover. Unfortunately, the market is continuing on its downward spiral. We just broke that twenty six K resistance, as you can see here. And our market watch, we've got Bitcoin currently hovering just above twenty five thousand eight hundred dollars. We have Ether barely holding on to sixteen hundred. So the million dollar question becomes, how low will she go? And checking out CoinMarketCap .com, the crypto market cap barely holding on to that trillion dollar milestone, with about twenty eight billion in volume. In the past twenty four hours, we have the Bitcoin dominance at forty eight point four percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers for the past week, virtually nothing, and maybe just a handful, just a sea of losses, very unfortunate for the entire crypto market and checking out the crypto greed and fear index. Of course, we're still in fear today, rated to seventy eight. Last week was a fifty three neutral and last month a fifty four neutral as well. So there you have it. I mean, I've been taking advantage of this recent dip. I mean, sub twenty six thousand dollar Bitcoin seems like a bargain. If you're to ask me, let me know in that live chat. And now let's break down today's Bitcoin technical analysis and check out the charts and what is happening right now in the markets. Bitcoin stayed stubbornly anti trend today, August twenty second, as twenty six thousand became a magnet for the intraday Bitcoin price action. And again, we're just currently dropping right below it. And regarding the RSI readings, here's what someone had to share. At this stage, it feels like a game of chicken to see who is going to make the move to break the chop, according to material indicators. Now analyzing liquidity on the Binance order book, he also notes that a broad lack of liquidity, increasing the potential for a sharp move in either direction. Quitting the analysts here, the market is waiting to see if more bid or more ask liquidity is going to be attracted to the range. So far, we're seeing small amounts of bid liquidity ladder up from twenty thousand closer to the active trading zone, but no liquidity of any size new or moved has been stacked into the range, defending the price from the lower low. The implications were nonetheless potentially very serious for the bulls with the lower low apt to risk even a twenty thousand support going forward. Quitting the analysts again, needless to say, printing a lower low on this time frame has macro implications. Printing two lower lows would push the Bitcoin price to sub twenty thousand dollar levels. So a great question. How many of you are anticipating the Bitcoin price action dropping below twenty thousand? Let me know. Now zooming out, hope remain that Bitcoin can rescue its overall uptrend. So it's not all doom and gloom. In a dedicated video, we had crypto analyst Mikal van de Poppe shared that on the twelve hour time frames, the RSI measured less than nineteen at the time of writing near its lowest level since the twenty eighteen bear market bottom. Daily levels were similar, reaching their lowest since the March twenty twenty no vid crossmarket crash, quitting him here. Every time we see such a move, you get a sort of V shape recovery back up and it finds equilibrium on the higher floor. And he also added it was very likely that Bitcoin can stage a comeback to focus on twenty six five or more next as the outlines here in this chart. He also shared that the current Bitcoin price action reminds me of September twenty twenty absorption and slowly grind higher here for a while. And I can see this play out similarly. So there you have it. What are your thoughts? Do you feel we're likely to continue downwards, potentially sub twenty thousand or even touch in as low as twenty thousand? Or do you feel we're likely to continue climbing back up as the analysts on the ladder shared? Let me know your honest thoughts in the comments. Right down below. Now let's discuss a new bull cycle amongst us right now. Shall we check this out? The Bitcoin metric that nailed the pit of the twenty twenty two bear market says this uptrend is still intact. Let's go and a new post. The creator of on chain analytics platform looking to Bitcoin shared some good news in the form of Bitcoin's realized cap huddle waves metric. Let's go. While last week's 10 percent Bitcoin price dip has up ended some of the on chain landscape, the our huddle is one of the metrics taking the longer term view of what remains a timely bull market. This metric takes existing huddle waves data, which groups the Bitcoin supply when each coin or specifically the unspent transaction outputs last moved and waits it by the realized price. An example of the price at which it last move, quoting them here, peaks in younger age bands, highlights the periods where they have a proportionally higher realized value waiting relative to the older realized value age band, said Philip Swift. And he also shares this is important to note, as it indicates that the market is prepared to pay higher values for Bitcoin today and in recent times versus historical norms. This can be a good indicator that the market is becoming overheated. What are your thoughts now? Currently, the bands of coins that last moved three to six months ago are rising, a phenomenon coming to the start of the Bitcoin's previous bull markets. And on the topic of the August drawdown on Bitcoin Swift thus concluded that the recent price dip is the context of a much bigger bull trend, quoting him again here, three to six months band trending up as new money comes back into the market equals new bull cycle. Let's go. Now, our huddle has an impressive record when it comes to Bitcoin price phases. Back in December of last year, when Bitcoin was circling its two year lows of 15 six, which is the current market bottom, Swift used this metric to call the end of the euphoria among Bitcoin's speculative investor cohort, which he labels Taurus. He stated that that time that the market is likely now at these cycle lows, which means maximum risk reward opportunity, which I discussed in great detail yesterday. I said there's way more reward than risk currently in the market. And beginning in January of this year, Bitcoin began a new uptrend that delivered 70 percent gains just in quarter one. And since then, investor composition has changed with the short term huddler entities holding Bitcoin for one hundred and fifty five days or less, reducing their overall exposure to their lowest since November of twenty twenty one. And the latest dip nonetheless increased pressure on those remaining speculators, but almost 90 percent of the short term huddler coins now held at an unrealized loss. But I also like to point out that also the smart money, which are the whales, are continuing to accumulate. So even though the short term investors are the paper hands selling their Bitcoin potentially to BlackRock or MicroStrategy, whatever big corporate interests out there, the smart money is continuing to huddle. And as you know, we like to follow the smart money with that being shared, fam. Now let's discuss this new wallet, which came out of nowhere and has now accrued over three billion dollars worth of Bitcoin in less than three months. Who do you think owns this wallet? Well, let's look into it and discuss it, shall we? A mysterious Bitcoin wallet has surged up the ranks to become the third largest huddler of Bitcoin in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform Bitinfo Charts, the wallet address first received Bitcoin on March 8th, and over the course of the next three months and two weeks, the wallet had accrued a staggering one hundred and eighteen thousand BTC worth over a billion dollars at today's current prices. Now, the rapid and significant accrual of Bitcoin within a single wallet addresses has attracted its fair share of conjecture naturally on X. Some users suggest it's most likely a crypto exchange moving their funds, while some more radical members have posted and more wild theories suggesting that Black Rock is the prime suspect. As shared here, this unknown address has accumulated over three billion dollars worth of Bitcoin in the last three months. The prime suspect, my first major transaction, which was thirty four hundred Bitcoin, occurred on May 16th, 2023, almost exactly one month later, on June 15th, when Black Rock filed for spot Bitcoin ETF. Now, very interesting, right? Now, the current largest Bitcoin wallets in the world, according to Bitinfo Charts, are reportedly owned by Binance and Bitfinex and are Bitcoin cold storage wallets. The unknown Bitcoin wallet comes in third place and is then followed by another Binance cold wallet in fourth place. Now, Black Rock made waves in the crypto market, as we know, June 15th, filing an application for the spot Bitcoin ETF product that, if accepted by the SEC, will be the first of its kind in the United States and completely change the game. Black Rock's applications sparked a wave of filings for similar spot products from a horde of other Wall Street heavyweights, including Fidelity, Invesco, Wisdom Tree and Valkyrie. The prospect of a spot Bitcoin ETF whipped crypto analysts into a frenzy, sharing their bullish predictions for the price of Bitcoin with Fundstrat's head of research, Tom Lee, suggesting that Bitcoin can reach a price of one hundred and fifty to one hundred and eighty thousand dollars per coin following the halving event scheduled to be in April 2024, which is now officially less than nine months out. What are your thoughts, though, fam? Let me know in the comments. And at the end of the show, I'll be reading everyone's comments out loud. Now let's discuss before we get into very bullish price targets, including this four hundred thousand dollar prediction, which is the main topic for the day. First, let's discuss where's the Bitcoin price likely to bottom out, according to this top analyst. Let's discuss it. The trader who accurately called Bitcoin's twenty eighteen bear market bottom is forecasting how the entire crypto market can carve a price floor for this cycle. Synonymous analyst Bluntz, what a username, love it, shared on social media X that he closely is looking at the total market cap of crypto, which is the total chart. Bluntz says he sees the total chart losing about 15 percent of its value before crypto assets can witness a significant bounce, quitting him here, looking at total paints, the clearest picture of them all and far more than looking at either ETH or BTC on their own based off the total chart. I do believe the June lows still need to be swept before calling bottoms, but it will probably be the last good buying opportunity of the next few years. So seize the moment, fam. And as you can see in this total crypto market chart, you can see we're currently sitting at just barely above one trillion. He sees us dropping before rising to one point four trillion dollars. So it appears that he expects the total market cap of all crypto to plummet to roughly eight hundred and eighty billion, wiping out one hundred and twenty billion off the current market. The analyst is a popular practitioner of the Elliott Wave theory, which we commonly cover here, an advanced technical analysis approach that attempts to predict the future price action by following crowd psychology that tends to manifest in waves. Bluntz says that his prediction is based on a model that outlines an asset's potential correction after a steep rally based, quoting him here, based off simple Elliott Wave model, viewing the rise from the lows as an impulsive move and our corrective wave from the highs being around 70 to 80 percent complete. Now, let me know if you agree or disagree with the crypto analyst. Do you think the crypto market cap needs to shed another one hundred and twenty billion before we rise back on up? Let me know your honest thoughts in the comments right down below. Now let's discuss Guggenheim's seven I'm sorry, four hundred thousand dollar price prediction. Scott Minard, who is their CIO. He originally made this prediction, I believe towards the end of twenty twenty one. Now, unfortunately, he has had a heart attack and he passed, so he's no longer with us. He literally died in December of last year. But nonetheless, he still made this prediction. So we're going to cover it and then we're going to discover the outline metrics from Blockware and their four hundred thousand prediction for the height of this cycle for the next halving reaching the epoch, which is also interesting because they're also suggesting a four hundred thousand dollar price action per coin. Then we'll dive into our live Q &A. So here we go. This was again, this article was dated, as you can see here, January 18th, twenty twenty one. So this is roughly just over two years ago. And at that time, Bitcoin was trading just above forty one thousand dollars. So here's the prediction coming from Scott Minard, from Guggenheim, a large, large asset manager. I think one thing that we are seeing is the sudden interest in retail. We are moving into a speculative frenzy and perhaps it's time to take some money off the table. Now, the debate around Minard's two opposite comments for Bitcoin sparked curiosity amongst the crypto community when he said time to take money off the table. And he also added on this tweet, it was before it became X, it was right Twitter. So he shared Bitcoin's parabolic rise is unsustainable in the near term, vulnerable to a setback. The target technical upside of thirty five thousand has been exceeded time to take some money off the table. And just at that time when he made that tweet, Bitcoin entered a strong correction. And over that time, Bitcoin tested support at thirty thousand twice before resuming back northwards and also talking about the positive side, back to the four hundred thousand price prediction. The Guggenheim CIO said that Bitcoin is becoming a favorable asset class slowly. That's right. And still remains positive on the Bitcoin price action for the long term, quitting him here. The other side of that is demonstrating that crypto is becoming much more mainstream. The four hundred thousand dollar price I talked about was based off the supply of gold in the world and crypto in a lot of ways is more attractive than gold. Let me know if you agree or disagree. I absolutely agree that Bitcoin is way more attractive than gold and comparing it to the yellow metal market. Minard said that Bitcoin comes with additional benefits like portability and ease of transactions. And note that Guggenheim Partners is already seeking five hundred million dollars worth of exposure to Bitcoin via the Grayscale Bitcoin Trust, which is the GBTC product, the largest HODLer Bitcoin in the world. They currently control over four hundred thousand BTC. So this will be a 10 percent exposure to Bitcoin from five billion Guggenheim's macro opportunities fund. The investment giant's proposed SEC filing shall become effective January 31st. And when asked Minard of if any of their funds have been allocated into Bitcoin, Minard hinted that they are still waiting for the SEC to approve their proposal. He added that if client demand picks up, they would possibly consider some allocations. And he also revealed that some small private Guggenheim funds have done some allocations, quoting him again, and some of our private funds, we have already purchased it. I recommended it to somebody. So if you believe what I said, that it'll go to four hundred thousand dollars per coin eventually, then two percent of your portfolio will be 20 percent before this is all over. So there you have it. Let me know if you agree or disagree with Scott Minard. And again, rest in peace. The dude had a heart attack at the end of last year and is no longer with us. And with that being shared now for our main story of the day, and that's the block where outline prediction of a four hundred thousand dollar Bitcoin price, along with the math to back it up. Now, this is pretty awesome. And again, shout out to everyone today in our live chat. I appreciate everyone's support. Shout out to Blockware Solutions as they shared on X how Bitcoin can reach four hundred thousand dollars per coin during the next halving epoch brought to you by Blockware Intelligence. Here we go. Twenty twenty four halving analysis, understanding the market cycles and opportunities created by the halving. Unlike other commodities, Bitcoin has a predetermined algorithmic supply schedule, which cannot be changed. There are multiple factors contributing to the cyclical nature of Bitcoin's price, including network adoption and the macroeconomic environment. But the most impactful is the mining subsidy halving. Yeah, that's right. Bitcoin's market cycles are unique due to its fully transparent block chain, providing market participants with more granular information than any other asset class. And moreover, the predictable supply schedule further impacts the psychology of market participants and example demand. So number one, halving's reduce the sell pressure. Miners are the primary force of sell pressure on the price of Bitcoin they receive, although the newly issued Bitcoin and the majority of which they must sell in order to fund operating expenses for their mining operations, the weakest miners on the network are eliminated and sell pressure is significantly reduced. The price of Bitcoin begins drifting up and a new wave of adoption then begins and assuming a thirty five thousand price action after the halving, the U .S. dollar value of Bitcoin mined per year can drop from eleven and a half billion to five point seven billion dollars. That is one hundred and sixty four thousand two hundred and fifty Bitcoin less mined every year, more than MicroStrategy's entire Bitcoin treasury. Now, after the inefficient miners capitulate, the profit margin increases for surviving miners, which further reduces the sell pressure. So based on the post capitulation hashrate estimate, this would result in a two point three billion dollar reduction in annual sell pressure from the miners. Now, number two, halving brings new demand with supply being diminished. Demand is the only remaining variable determining the market price of BTC. Many market participants understand the supply side dynamics at play due to the halvings. Historically, this has led to a surge in demand in the months following each halving, as evidenced by on chain data. We'll be checking out these charts in a little bit and do the positive sentiment market participants prepare to deploy capital at the first sign of upward momentum. Now decreased supply plus increased demand equals strong positive signal for the price appreciation. Number three, the halvings cannot be priced in. Despite their predictable nature, halvings cannot be fully priced in before they occur. A higher price today would result in more miners coming online, introducing additional sell pressure and limiting the price appreciation. And moreover, the weakest miners, those with old generation machines and or high operating costs, are the first to unplug post halving. The elimination of these miners significantly reduces the sell pressure as they were selling most of their Bitcoin to fund their operations. Lastly, there are some market participants that believe halvings are bad for the security of the Bitcoin network as the diminishing block subsidy reduces the amount of miners making Bitcoin more vulnerable to an attack. And when halving successfully occur, these doubters are proved wrong and positive sentiment increases. Now, number four, Bitcoin cycle volatility and historical performance. Bitcoin's extreme volatility is a side effect of its halving shocks and rapid global adoption, resulting in four distinct stages within each halving cycle. Stage one, the halving, stage two, the bull market, stage three, the bear market and then stage four, recovery. And while Bitcoin is often criticized for its extreme volatility on a long enough time horizon, its volatility is solely to the upside. Keep that in mind. Now, nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. That's worth repeating. Nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. So in a long term, how long is that? Holla in the live chat. And for each epoch, the price of Bitcoin has increased by the following amounts from the halving to the next bull market top from 2009 to 2011. We had a 584 X increase in price action from 2012 to 2015, 92 X from 2016 to 2019, 30 X and from 2020 to 2024, 7 .7 X. And now number five, diminishing returns may not be the case going forward. Some question the bullishness of these halvings as the stock of existing Bitcoin grows relative to the amount of new bitcoins being mine. This is a common perspective, but it may be incorrect. Less than 10 percent of the existing Bitcoin have moved in the last month. A large majority of Bitcoin is held by users unwilling to sell at today's price. Now, the small amount of bitcoins that is moving and being traded is what determines today's price. There is a baseline of demand and from Bitcoin are saving for the future. The reduction in sell pressure becomes more pronounced, each halving after Bitcoin more than doubles in price. This indicates that halving induced reductions in sell pressure could become more extreme and potentially lead to larger bull runs in the future. Now, 2024 will be the first halving where the supply of Bitcoin available for trade decreased since the previous halving. And during spring of 2020, the percentage of the outstanding Bitcoin available for trade was at an all time high, indicating the Bitcoin was over becoming more abundant. However, this trend had reversed over the last three and a half years. And as the new bull market begins, there will be less Bitcoin available than the previous cycles. The first halving this has ever occurred. And assuming the price of thirty five thousand at the date of the halving, a four hundred thousand dollar cycle top would break the trend of diminishing returns, which is a reasonable expectation due to the two billion having supply shock and increasing scarcity, a liquid BTC supply on the exchanges. Now, number six, juxtaposition with gold. Gold is an asset similar to Bitcoin and that they are both non -sovereign stores of value. However, when juxtaposed, Bitcoin poses far more desirable attributes. Facts. Number one, Bitcoin is absolutely scarce, while gold is only relatively scarce. That's true because with gold, you can continue mining a new supply, adding to the overall supply each and every year with Bitcoin. There could never be more than twenty one million Bitcoin. And number two, Bitcoin is more portable, divisible, fungible and is less vulnerable to rehypothecation by centralized custodians. Facts. So after the 2024 halving, the inflation rate of Bitcoin will fall under one percent, which is less than half that of gold. Now, four hundred thousand dollars per Bitcoin would put the market cap of Bitcoin just beneath the parity with gold. Let's go. Can't wait for a twelve trillion market cap for the king crypto personally. Now, given the bullish catalysts induced by the halving, we believe this is a fair estimate for the top of the coming Bitcoin cycle. Now let's take a look at some of these charts, which they shared. This first one shows you the Bitcoin price issuance with the 90 day moving 90 day change issuance. And you can see, you know, the different metrics here in the different colors. And then let's go to their next chart here. It shows you entities net growth with a 30 day moving average. You can see the surge in demand and just continuing to move on up like clockwork. And then in this final chart here, we can see the Bitcoin price all time highs for each cycle, which is separated, which you can see here. Yes. So, I mean, if history doesn't repeat, oftentimes it shall rhyme. So I cannot wait. And I'd personally love to see a four hundred thousand dollar price action. And this shows you the hash rate, which just continues to climb, reaching all time highs, making the Bitcoin network more secure than it's ever been before. And they also shared an interesting update, which I might as well read that as well right here. Part two. Let's read a touch of this and then we'll dive into our live Q &A. What machine and electricity rate will Bitcoin miners need to survive this twenty twenty four halving? Check it out. There are three distinct phases in the time before, during and after the twenty twenty four Bitcoin halving. We've got number one, the pre halving, number two, the post halving and number three, post capitulation. Number one, the pre halving before the twenty twenty four halving, all miners will be operating at a profit but are likely selling at least enough Bitcoin to cover their operation expenses. Miners with the most efficient machines and the lowest energy rates have the lowest Bitcoin breakeven prices. And the miners with higher breakeven prices are either unprofitable or forced to sell at a higher percentage of the Bitcoin that they mine in order to cover their operating expenses. And also it includes what's minor and Avalon equivalents, which are size adjusted for the percentage of the total network hash rate. Now let's discuss the post halving after the twenty twenty four halving. Many miners will become unprofitable since miners have already made significant capital expenditures for mining Bitcoin infrastructure and are locked into energy contracts. They are unlikely to turn off immediately. So instead, they will try to continue operating for as long as possible, hoping the Bitcoin increases enough to make them profitable again. Now, unless Bitcoin price appreciates quickly, the extreme margin compression will begin to force inefficient miners offline. And number three, the post capitulation following the capitulation of inefficient miners difficulty will adjust down, lowering the breakeven prices for surviving miners who will become even more profitable. So there you have it. I mean, shout out again to Blockware. Awesome analysis on their outline of the Bitcoin price going to four hundred thousand dollars per coin at the epoch of the next halving, which again is right around the corner next year. Let me know if you agree or disagree in the comments right down below. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Monitor Show 12:00 08-22-2023 12:00
"Silly thing where they pretend they don't Buy it so the Indians buy it and then the Indians refine it and then they sell the refined product to the Europeans That's right. So that's how it works. So we'll keep an eye on that again Regular gasoline three dollars and eighty five percent at three dollars and eighty five cents a gallon across The u .s. A little bit cheaper down at the Jersey Shore, but not much People still got some driving to do this summer. So paying attention to the price at the pump. We're gonna have more coming up this Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg radio This is Bloomberg markets with Paul Sweeney at We got a lot of green on the screen here, but the volume is light We constantly underestimate the strength of the US consumer This is a market that's much more optimistic or bullish than maybe its central bankers are breaking market news and inside from Bloomberg There's still some concern out there in the market that there is room for things to deteriorate a little bit more than what they're indicating As small and medium -sized businesses struggle, they don't present as much competition The supply chain has still got dislocations globally and here in the u .s. This is Bloomberg markets On Bloomberg radio All right coming up in this hour we're gonna talk about the regional banks here Herman Chan and Arnakul Kuda, they're both from Bloomberg intelligence, so they're smart folks S &P just downgraded the banks I guess it's better late than never but we'll check in with the the smart folks who do this stuff for a living January Jennifer Reese she's a senior antitrust Litigation analyst Microsoft Activision.
A highlight from Rich end up in the Golisano hospital they sent him home because he is not a kid does not mean he is not a kid. Matt had Hilary in his Town Rich had Hilary in the bathroom. Matt insults everyone and he is capable of even insulting a moron. Rich played in a casino for 4 hrs and lost only 25 cents! Matt will BLOWUP on the end Episode #419 August 21th. 2023
"And Divan it is, Divan Monday, August 21st episode 419 from This Mike Rich and from This This is our European A's Monday we start Monday not Sunday We already explained it in previous episodes enough Usually people, even though we say we start the week with Sunday, they wake up on Sunday morning going Hey the week started, it's the weekend for them So really psychologically we start the week on Monday just like you guys Why are you tripping? You start the weekend Monday. I don't I don't stop the weekend or week are going through Oh, it's just a matter of semantics. Who cares? I'm sure everybody in Europe is working on Monday, too. Are we working on Monday, too? People in you how do we just say that that's the day that the week starts everybody starts to work week on Monday? People in Europe getting lazy. They work only 40 hours a week and they have weekend off Saturday and Sunday Mostly we mostly have that year to accept that we accept me. Well, that's your last 20 years. I'm going through well I'm still waiting for the weekend. Oh, well, we just keep going. Okay. I decided you know, that's Self -inflicted abuse though. I mean job has to get done, but people should take time off you you understand But what's my time off? I do it on Sunday. Yeah, but job is a job has to be done and I cannot have it done Yeah, that's true. I understand Around there's more do you know that at one time in this country there were called blue laws? You weren't allowed to be open their work on Sundays. What is blue is to talk about that another. Oh, yeah I remember yeah. Yeah, and then some genius came as new CEO Except chick -fil -a told them to you know, put the peanut where the monkey put them We're trying to keep it. We're trying to keep the show clean. Yeah. Well, you know They don't make cows on Sunday cows sleeping. Yeah. Well, they don't eat more chicken Whatever that is. Yeah. Remember we did a day There was a day that we did that and yeah, and it was actually chick -fil -a that came came up with that anyway, go ahead Why don't you start with the essentials? Let's just let's just start with the essentials which is better than the weather Yeah, we gotta do that then. So first of all, we need to we need to say thank you to Julian Bruce To give them credit for all the music and tools then they are provided us with the intro song divine Naples It's from them. There are key to our patchouli. We have a bunch of CDs. I think 12 different CDs They they made and they are available in our divine and divine Naples coffee in Weinberg, right? If you interested you can come and purchase we have new sponsor this week and it's divine spa sponsoring ourselves It's a wellness month. We still have 10 days to go So if you're thinking to relax, maybe you have a massage reflexology Just a little bit lay down do nothing and have somebody to work on your body make you feel better and get your muscles detoxed Check it out my divine spa calm 239 244 1434 is the number of the best rated spa here in downtown Naples So that's that if you are planning to go to the beach Just don't pack too heavy because you know, you guys to pull it in pull it out Give us a chance to service you with beach delivery beach SOS that count 250 items Available and we will bring it to you in no time 20 minutes 30 minutes sandwiches desserts bottle of wine beer Anything you can think of so that's that you got q -tips No, but we should add them. Yeah Clean your ears on the beach why I don't know you've got everything else from band -aids to I Always have to come with something. Yeah, that was good to see one more thing. I know you're gonna fit it is but Do we need to take care of this or do we want to do this the business part? Is it a need or a lot is it both? Okay there. All right, you need but I want right and I wanted to clarify that because we don't need to we let we want to take the Bruce and Julie. Yes, we don't need to we need to yeah, we are happy to do I know but we want to yeah But I'm our heart. Yeah, so so do you ask me for a q -tips? I'm sure next week you ask me for all change right if you do that on a parking lot. Why not on the beach? Yeah, when you land on the beach, right? Who knows you'll come up with something. I'm sure probably would like to do that What's the weather? I don't know. Did you finish the assumption? I'm done so rudely interrupted Why just cannot keep it white? How many are you gonna put me on another put another hat on me? Yeah, now I'm the weather guy. Yeah, you were the guy so all these hats. I gotta change one time. He had me as a Captain, I guess I was sailing the seven Z's and I was all You crushed the ship then you took that hat away because you probably crushed the shit Anyway, you were looking on the girls on the beach and he crushed the ship Yeah, see and here's the deal today's weather is gonna be this We're gonna have a high of about 97 and a low of 78. It's gonna be cloudy and not cloudy Oh, yeah, it said it's cloudy and not cloudy. So there'll be clear skies. Sounds like cloudier Yeah cloudy. I know Claudia. I know cloudy. I know a couple cloudy is here and I was gonna tell you to That go ahead and prepare because there's a great possibility or almost just like the Sun rises every day It's probably gonna rain today. No, yeah, but anyway, there's your weather in Naples Yeah, I'm glad it will start doing all of Southwest, Florida. I'm glad we are not in California. Yeah Oh, yeah, my son went through that Because California right now is hit by Hillary. Yeah, but he was yeah But he was talking about how it is nothing but they did have flooding that that's the problem down there But you know what? Are they gonna find something else to complain about? I mean they went through 12 years of drought. He'd probably go like hey, give us a couple of hurricanes You know and fill up all the reservoirs and anything But anyway, you know, I'm so glad people getting pretty good idea what Hillary would be like if she would be a president. Yeah They all they all smell She lost. Oh, yeah, and and I remember somebody gave me toilet paper to heal a picture Oh, yeah with her picture, I put it. Oh, that's so bad. I put it in the coffee I would have saved it for a souvenir. I put it in the coffee shop. Oh nice And oh, it was like it was like a bit exhibit First first friend of mine Chris he went there Just Even out thinking over there I will have it with nightmares. Yeah, just this he was afraid that's okay Anyway, yeah. Well, that's enough Well, I mean it's fun to make fun of it I mean both sides are clown show But anyway, and that just here's how political we want to get we need to come together as a community There are things that we could do that we couldn't you know, it's not like talking about compromise or whatever but people should be able to come to a consensus of what is good for a community and One of the things that we think is really good for the community is to build local businesses because everybody benefits economically There's jobs people go up the social ladder. So there's not that much Argumentation there and then why can't we get together and talk about you know from a local perspective? who we have in offices and commissions and all that to To get people to put in the right policies that make business run smoother more efficient more environmentally sound and these types of things but doesn't you know throw a Wrench a monkey wrench into the engine, you know Simplify things and and get things expedited so that people could work and buy things and get along with their life That's what a kind of politics I want to be involved in. Yeah, does that sound good to you? Okay, I'll take it and I will add to it. What is good for a community is a humor, right? Yeah, yes to make fun of everything you can because that apparently Extend a life span it does and we're talking itself month. So, you know, hopefully we're making you smile I just oh, yeah, I'm gonna I'm gonna just hit play on these two morons Did you just call me that I called us that well don't know I just did I just insult morons Speaking the health I have to share something with everybody here. Yeah That is something that I experience in whole day So since six o 'clock in the morning, I actually woke up five. I went to sleep 230 so I got a couple hours with sleeping as a new dolphin with one eye open and So I don't know where sleep and then I was scheduled to go to one facility in four Myers and I have to share the experience with everybody and and kind of lift people with You know that that may end up there for different reasons, right? And just wanted to prepare them that that that facility is above and beyond so If you have a little person or a little human child Good child child home and need the assistance with the doctors and you have to be Seeking the medical, you know professionals in the hospital There is a hospital. It's called Golisano Children's Hospital, Southwest, Florida It's a in ninety nine eighty one south health park in four Myers And that's why I end up today drove there one hour to meet. Dr. Michael car, which is Absolutely top Why the arch what he does and I have to tell you we were so lucky to have Him to provide us the expert services which was probably procedure of 30 minutes, but all around took almost all day and Michael car doctor that been practicing over 35 years is retiring So if you planning to have some kind of problem In in the field of pediatric urology you very hurry up because he's gonna be gone and one of the top doctors from Philadelphia will disappear in retirement. You may see him on a beach or somewhere else But if you have the chance to get in his hands for any type of care It's unbelievable you come to the hospital This is this is how I expect if I have to go to hospital or anybody has to go to hospital This is how I expected my experience in some of the hospital here in locally in Naples Never been good. Okay, I have to say that and for many reasons, but this Hospital is top -notch you arrive people smiling on you. You know, the check -in is very smooth They never make you feel nervous or you should be nervous or somehow make you feel like, you know, something is going on especially when This goes about kids So, you know, there's so much that you think of and the kids, you know in an unknown space is it's a hospital So maybe some of them never been there and then you go through all this process checking out before surgeries and everything else absolutely top -notch Every single person from the greeters on the door to the people that will direct you and and the you know Tell you what's gonna happen you receiving throughout a surgery you receiving text messages. It's almost like a post game You know, that's great minute six to his in it. It's not a Artificial intelligence. No, no, they're actually writing the text message to you so if you as a parent sitting somewhere in the waiting room and your kid is Going through procedures you have an idea what's going on and it's almost like a hockey game, you know, he's just like, you know What's wrong? Play those so I don't know much about it. You don't play much with balls anyway Yeah, no hockey is a puck and you've already explained to people that you don't like sports with balls That's correct, so we we got it narrowed down right so go ahead with your hockey illustration So you get a text message, you know what's going on and then every single person on a Third floor every single person, you know in the end everything went well, everything was smooth Everything that we've been told actually happened No complications anything and and you asked somebody to get you somewhere in the secular area They're smiling. They had to get I mean, I just I just told the gentleman that it was opening door for me I said you people here so friendly. I want to thank you home all I want to thank you all of you home with me Yeah, I've noticed it's had a profound impact on you. Yeah, people treat each other. Yeah I'm just hoping that that stuff flows like that that same mojo that vibe that flowed from them on to you Will now go from you and to me. No, I just I'm suspicious. I'm suspicious I remember when I first time arrived in Las Vegas, right and you know, you just like I Put the 25 cents in the machine. I was playing for two hours. I couldn't get rid of And then then I finally like four hours later I got $50 out right and I was like, okay, let me let me step up the game So I went to the table with the roulette and I goes like, oh that was smart. Yeah Yeah, I go like, okay break it down and I asked him for give me ten You know, whatever you call it. Yep chips for five dollars and the guy look at me like what am I doing? I mean, he didn't count on me playing there. He thought I'm just not changing, you know, right so he gave me ten chips and I like very happily put them on the numbers and black and white and stuff and He just look at me roll the ice both three o 'clock in the morning. I was tired Yeah, and he spent in that one quarter four hours One quarter. Yeah, because I was winning and losing really and with one quarter. Yes and Then he spin the wheel, you know The the numbers and the number went to somewhere and I lost and he look at me and I was so sad I was like $20, you know first round. Yeah, and he took the pen and he knocked on this on the sciences minimum bet $50 I Got nervous. He's still laughing Just finish it. I will take it all anyway So the second thing what but then later on, you know Didn't bother me and then later on said, you know what they doing they putting oxygen or something in in the in the air conditioning So people are up, you know, oh, yeah lifted and so happy and and giving you cocktails And playing for hours for 25 cents So I what I want to say if they do anything like that in that hospital because I'm suspicious the oldest people are so happy They must have put something in there conditioning You're gonna just soften me up for the real bill that's coming to your house in the mail in a couple while It's gonna be insurance, but I just met Yeah, but one thing is if they pushing something in the air conditioning I would like to ask them for recipe and push it all over here Yeah, cuz I'd like I mean if it's had a tremendous impact on you today I mean, I'm just hoping I'm receiving the good vibe from you. Yeah, so why don't you keep going back to that hospital before we? Every day you go to the hospital just hang out with them then come and do it Yeah, I don't really need to go to hospital. I even said publicly few times if something happened to me. Don't bother I'm not worth it. They picking up the garbage Monday Wednesday Friday throw me dumpster I think I just What I'm just saying is go there and let that mojo get on you every day come here the same way you are Yeah, but you are very happy I just want to say that it was very important today And I'm glad that I'm aware of everything that was happening and we don't need to talk about it but I'm glad that you found a service that took care of your family member and Everything worked out well and you left there in good spirit and and and everybody's healthy and gonna heal healthy I will only say if you have a situation which is stressful because some Little human that do you care about so deeply have some kind of medical problem believe me the Golisano hospital will taking care of it professionally and on all levels so don't worry There is a place that will do exactly what you expecting as a care a medical care and absolutely top So I just wanted to share that with you because it's important for us to understand that we have These facilities here that you know wonderful people and and people that can afford great money Yeah, and and you know build a hospital for kids, which is the future which is the most important thing that we have on this planet Yeah, and and it's also one of the services that they have actually are only provided by this particular hospital and that's Between Tampa and Miami So this is a very important hospital and and just support it and and if you have anybody or know anybody that needs Anybody in your family or you know anybody that needs to have some kind of procedures done or whatever You know go ahead and get a hold of this hospital and see if they can is worth every penny Yeah, that's all I'm gonna say, you know what happened April 26 to 1928 No, you don't know well, I think maybe it has to do with a trail yes Right because we got a big trail here.
A highlight from 1373: BlackRock Bitcoin ETF Will Send Bitcoin to $180K by THIS Date
"In today's show, I'll be breaking down the latest technical analysis, as well as Bitcoin speculators are now saying that at least 69 ,000 all time high in play. But right now is the least amount owned by hodlers. We have to keep this in mind. We're also going to be discussing Max Kaiser's Congress speech about disarming the banksters along with their financial weapons of mass destruction, as well as Bitcoin friendly El Salvador sees bonds return soar to 70 percent thus far this year. In twenty twenty three, we're also going to be discussing a crypto analyst who forecast the big Bitcoin price move to forty thousand. I'll be breaking down his timeline, as well as rich dad Robert Kiyosaki doubles down on his hundred thousand dollar Bitcoin price call and says he shares a common enemy with BTC, quoting him right here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money. Bad news. If the stock and bond markets crash, gold and silver will skyrocket. The worst news is if the economy crashes Bitcoin to a million dollars, gold to seventy five thousand and silver to sixty thousand savers of fake US are F debt is too high. Mom, pop and kids are in trouble. I hope I'm wrong. Please take care. We're also going to be discussing breaking news. Fundstrats Thomas Lee on live TV, quoting him here. If the spot Bitcoin ETF gets approved, the clearing price of Bitcoin is one hundred and fifty to one hundred eighty thousand dollars. 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 rumble channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net and welcome y 'all just tuning in. This is Pod episode number thirteen hundred and seventy three. This is August 16th, twenty twenty three. I'm your host, JV. We do have lots to cover. So let's dive in with our market watch for the day. As you can see here in your screen, got Bitcoin price maintaining that critical twenty nine thousand dollars support while ether also correcting but maintaining and holding on to eighteen hundred dollars and checking out coin market cap dot com. The current crypto market cap sits at just one point one five trillion with thirty one billion in volume at the past twenty four hours. Bitcoin dominance back on the rise at forty nine point two percent, with the ether dominance at 19 percent even and checking out the top one hundred crypto gainers for the past twenty four hours. Bone Shiba swap up 13 percent trading at a dollar fifty four, followed by say up eleven percent trading at 19 cents, followed by rocket pool up three percent trading just under twenty seven dollars and checking out next. As you can see here on your screen, we have crypto bubbles. We can see the top gainers for the past week. Bone leading the pack, pun intended, up fifteen percent, but massive losses for the overall altcoin market and checking out the crypto greed and fear index, which you can see here. We're currently rated at fifty two, which is neutral. Yesterday, a fifty three last week, a fifty neutral and last month, a fifty four, which is neutral. And welcome to those just joining us in today's live stream. So much to cover. Next up, we're going to dive into our Bitcoin technical analysis. Check out some of the charts, as well as some interesting facts with some hodlers as well. Bitcoin speculators are leading a period of exhaustion and apathy across the market. In the latest edition of the weekly newsletter, the week on chain analytics firm Glassnode wrote about waning conviction about Bitcoin's short term hodlers. Now, where are my long term hodlers at? Make some noise. And after several months of stagnant Bitcoin price action, frustration amongst market participants has led to predictions of deeper downside to come. The bulls remain unable to break the resistance, while the sellers likewise face multiple support zones in the form of trend lines between the current twenty nine thousand and twenty five thousand dollar levels. And amongst these is the short term hodler cost basis, or better known as the realized price. Short term hodlers are defined by Glassnode as entities hodling coins for one hundred and fifty five days or less and correspond to the more speculative end of the Bitcoin spectrum. investor Now, the short term hodler cost basis has function as support throughout twenty twenty three, but is rapidly rising and currently sits at twenty eight thousand six hundred dollars. Now, by contrast, the long term hodler cost basis reflects the aggregate purchase price of the most stubborn hodlers and thus far lower at twenty thousand three hundred. Quitting Glassnode, the separation between these two cost basis is an indicator that many recent buyers have a relatively equated acquisition price and continuing, researchers describe the market as being potentially top heavy with even a modest Bitcoin price come down now apt to send the short term hodler cohort back into the red. Quoting Glassnode again, on the macro scale, the supply distribution does resemble similar periods during the bear market recoveries of the past. However, a shorter time frame, it could be argued to be slightly top heavy market with many price sensitive investors at risk of falling into unrealized losses. Now, despite this, it appears that speculators have already started to reconsider their market exposure. Let me know if you have or if you're continuing to stack stats as you should. Quoting them here, we note that the supply held by the long term hodlers continues to increase, hitting an all time high of fourteen point six million BTC. So in direct contrast, short term hodler supply declined to multiyear lows at two point five six million BTC the week on chain added. So overall, this suggests that conviction of Bitcoin investors does remain impressively high and few are willing to liquidate their holdings. Are you one of them? Let me know in the comments right down below. Now, the last time the short term hodlers had such little market presence was in October of twenty twenty one, just before the all time high of sixty nine thousand dollars. And it is very interesting as we see the short term hodlers continue to sell and the long term hodlers continue to stack stats as they should. I say the smart money are the whales and the long term hodlers. Would you agree? Let me know your honest opinion. Let me know your honest thoughts in the comments right down below. And now let's discuss our next story of the day. And that's Max Keiser's rant when he spoke in Congress back in January of two thousand and nine, talking about disarming the bankers and their financial weapons, a mass destruction, a very powerful speech given by Max. If you've got to hear this, let me know. I posted and transcribed it on what was formerly known as Twitter, now known as X this morning, quoting Max Keiser. This is an important day as we review the situation with respect to disarming bankers. After the first Great Depression, Congress passed the Glass -Steagall Act. The purpose of the resolution was to disarm bankers as well as brokers. Now, never again would they be allowed to destroy the global financial system. I'm here to warn you that they have, in fact, rearm themselves with a deadly toxic debt instrument known as a derivative. I asked for this session today to support the core assessment made by FAME investor Warren Buffett. He said derivatives are financial weapons of mass destruction and that have apparently been devised by madmen. These instruments pose a mega catastrophic risk. Ladies and gentlemen, don't wait for the mushroom cloud of bad debts to explode over our financial system. Let's disarm the bankers before it's too late. Very powerful words coming from Max Keiser. And again, this is circa January of two thousand and nine, right around the time of the Bitcoin Genesis block, which was released after the 2008 financial crisis. And lo and behold, you can consider him a prophet because everything he was talking about is exactly what's been going on. Financial terrorism as it continues as the central bankers of the world continue to print money until the wheels fall off. Massive shout out to Max Keiser and Stacey Herbert. As you know, I'm huge fans of them both via the Kaiser report as they were the first one to cover Bitcoin with international coverage back when it was trading between a dollar to ten dollars. This is going all the way back in 2011, so literally was at 14 or 13 years ago. So much respect to the high priest of Bitcoin. And with that being shared, fam, now let's discuss our next story of the day. Now that we covered Max versus the banksters and that is El Salvador and their success with their bonds, which have been released as returns soar to 70 percent thus far this year. Check it out. El Salvador, which adopted Bitcoin as the legal tender back in 2021, has seen its dollar bound outperform the majority of the emerging markets with a 70 percent return thus far this year. The massive rally of the bond has now drawn interest from several institutional giants, which include JPMorgan Chase. Take that tapeworm Jamie Dimon, as well as Eaton Vance and PGIM Fix, promoting President Najib Okele to say, I told you so. Now, apart from the institutional giants, the likes of Lord and EBIT and also Neuberger German or I'm sorry, Berman Group LLC and UBS Group AG have also added debt security since April, according to Bloomberg. And also, Paolo, the chief technology officer of Bitfinex, told Cointelegraph that the performance of El Salvador bonds is a clear signal that the investors are supportive of the financial policies of the El Salvadoran government and demonstrates the renewed interest in investing in the El Salvador story while adding the following as the first company to receive a digital asset license, we are seeing significant interest in digital asset issuance and renewable energy investments, which the country has in abundance and is being used for Bitcoin mining and to provide more energy for the country's electrical grid. Now, the growing demand of El Salvador's debt security in 2023 is a quite contrast to its performance a couple of years ago when it first adopted Bitcoin as the legal tender. That's right. They've come a long way. The Bitcoin adoption created uncertainty amongst investors who bet against the country's bonds with several financial agencies, casting a shadow of doubt on the country's financial future. In February of 2022, the American Credit Agency agency Fitch lowered the country's long term issuer default rating from a B minus to CCC, inciting policy uncertainty in the Bitcoin adoption, along with an eight hundred million dollar debt payment due for January of twenty twenty three. Now, keep in mind, El Salvador did pay that eight hundred million dollar debt in full within the due maturing time to start off the year, raising confidence in the country's bonds yet again. And the president, Bukele, at the time noted that they had proven every finance pundit wrong, who doubted whether they would be able to pay their debts in a time after Bitcoin adoption, quoting Bukele here. He actually shared this in January of twenty twenty three in the past year. Almost every legacy international news outlet said that because of our Bitcoin bet, El Salvador was going to default on its debt by January of twenty twenty three, since we had an eight hundred million dollar bond maturing today, literally hundreds of articles. Never forget that. Now, the rise in confidence of investors is visible from the bonds performance throughout the year. And during the same time, El Salvador also passed a landmark crypto bill paving the way for the infamous Bitcoin backed volcano bonds. Let's freaking go. Now, El Salvador and its president have been at the receiving end of criticism every single day since they first adopted Bitcoin in September of twenty twenty one as legal tender, along with the United States dollar financial pundits predicted that the Bitcoin adoption will further strain El Salvador's financial conditions. However, to the contrary, within two years, the debt security of the state has become a hot cake amongst institutional giants, the same that once advised against buying it. So I'll say it for Bukele. I told you so. So there you have it. Let's go El Salvador mass adoption. Bring it. In which country do you think will likely be next to adopt Bitcoin as a legal tender and follow in the footsteps of Bukele and El Salvador? Let me know your honest thoughts in the comments right down below. Now, let's discuss a forty thousand dollar Bitcoin price prediction, as well as a timeline, which I'm going to be sharing with you right here. If you think Bitcoin is likely to hit this forty thousand target, let me know. Now, while he followed analyst Pizzino is bullish on Bitcoin as the flagship crypto asset trades in a narrow range for the past few days or we could say for the past few weeks in a new video, he tells his three hundred thousand YouTube subs the Bitcoin can climb by over 40 percent from the current level between now and September of twenty twenty four. Considering September is only two weeks away, that would be pretty enticing winning it. The crypto analyst says that his upside target of forty two thousand is the range midpoint or the 50 percent level between the Bitcoin all time high of sixty nine thousand and Bitcoin's twenty twenty two low of around fifteen five. Quitting him here, it is possible that we see a test of forty two thousand happen within the period between now and September of twenty twenty four. So in basically twelve, thirteen months, a test of the 50 percent level of forty two thousand two hundred and then a retreat. Do you think we're likely to rise on up to that forty thousand mark? Let me know. And after appreciating to over forty thousand Bitcoin could thereafter correct either mildly or substantially, according to the analyst quoting him again, it could be a small retreat like back here, June to August of twenty sixteen, where it tested seven hundred and then came back to five hundred. Or it could be a deep retreat where it tested all the way up to fourteen thousand in June of twenty nineteen, when the 50 percent level was only eleven thousand five hundred. And then it came all the way back down to four thousand in March of twenty twenty, thanks to no vid. And to watch this video with the analyst predicting Bitcoin can rise to one hundred and sixty one thousand, check the show notes below the video in the description. And please do let me know if you agree or disagree with the crypto analyst. And now let's discuss our next story of the day, and that's the one hundred thousand dollar Bitcoin price prediction from Rich Dad author Robert Kiyosaki. In fact, he even claims that Bitcoin can now go to a million dollars. So let's break this down and then we'll dive into our feature story of the day with the BlackRock ETF, which can send the Bitcoin price parabolic over six hundred percent, surpassing a whopping price target of one hundred and eighty thousand dollars. But first, Robert Kiyosaki, he stands behind his call that the Bitcoin price will put a new all time high and run all the way up to one hundred thousand. Let me know if you agree or disagree with the author. Now, Kiyosaki refers to Bitcoin as the people's money very commonly and says that those who save in U .S. dollars are likely screwed. And that was the nice way of putting it. Reading his tweet here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money preach bad news if the stocks and bond market crash gold and silver to skyrocket the worst news if the economy crashes Bitcoin to a million dollars. Now, that doesn't sound like so such bad news to me. That would be extremely brilliant news for the Bitcoin price to go to a million. But I understand an economy crash is not good. But he continues gold to seventy five thousand and silver to sixty thousand. I do not see those precious metals rising like that, especially considering they're controlled by the central bankers and the cartels have been controlling precious metal markets for a very long time. But nonetheless, I digress. He continues, savers of fake U .S. dollars are effed. Debt is too high. Mom, pops and kids are in trouble. And I hope I am wrong, but please take care. I mean, very bold words coming from Kiyosaki. Also, in an interview he did with Stansberry Research's Daniela Cambone, he warned up the idea of Bitcoin as he has lost all trust in institutions running the country, quitting him here. I like Bitcoin because we have an enemy in common breach. It's called the federal government breach, the Treasury and the Fed and Wall Street breach. I don't trust them. If you trust them, save dollars and get yourself a nice bond. I do not trust those guys. How many can relate with Rich Dad earlier in the year? Kiyosaki also predicted Bitcoin would eventually skyrocket to one hundred thousand per coin, highlighting that the king crypto does not need the intervention of the government to sustain its value. So there you have it. Come in directly from Rich Dad. Let me know if you agree or disagree with the Rich Dad, Poor Dad author. And with that being shared, now let's dive into our featured story of the day. That's everything surrounding the BlackRock ETF, a spot Bitcoin ETF being approved in the United States. Tom Lee was just recently interviewed and says he believes it will automatically send the Bitcoin price somewhere between one hundred and fifty and one hundred and eighty thousand dollars. So let's break this down, shall we? And here this is on this interview. I also already transcribed it for your benefit here. And I'm going to start reading so we don't have to play that sound clip because it's copyrighted. Anyways, he's asked, I always like hearing your price targets. Because you are always so fearless. When are you or where are you on Bitcoin by the end of next year? Let's say. And he responded, well, it's a spot Bitcoin gets approved, referring to the spot Bitcoin ETF. I think the demand will be greater than the daily supply of Bitcoin. So the clearing price, which is done by Sean Farrell, who is our crypto digital strategist, is over one hundred and fifty thousand dollars. In fact, it could even be one hundred and eighty thousand per Bitcoin. And then when asked, that's only if the spot ETF gets approved. Tom Lee responded, yes, a spot US because a spot Bitcoin ETF is approved already outside the US, which is a fact. And then asked, but if it's not approved, then are we just lingering at around twenty nine thousand in which he responded? There is still upside cast because of the halving next year. So you'll have a drop in supply again. And so the clearing price has to increase, but it won't be six figures. So he's ultimately saying the approval of the spot Bitcoin ETF, regardless if it's BlackRock or any of the others, such as Fidelity or ARK Invest, 21 shares, etc., will absolutely send the Bitcoin price to a minimal of one hundred and fifty thousand. And that target could even be as high as one hundred and eighty thousand. But he's also saying in the same token, if Gary Gensler and the SEC does not approve it by the time of the halving, do not expect a six figure Bitcoin price, but expect the price to go up because of the drop in supply as well as the gain and demand. I think the analyst makes a very great point. Now, he was also interviewed a few weeks ago and he discussed this price action occurring within nine months. So I wanted to give you that time frame because the Bitcoin ETF is scheduled to be released sometime. Not the ETF, but the halving is scheduled to be in April of twenty twenty four. So anyways, here's what he had to share in this interview. Current Bitcoin market is in balance with twenty five million in daily block rewards and twenty five million in daily demand, incremental ETF demand. Sean Farrell, their analyst, believes that twenty five billion dollars of demand is possible within the first year. So this is how they come to these numbers. This is one hundred million dollars in daily demand. This would bring the daily demand to one hundred and twenty five million while the daily supply is only twenty five million. So the implied equilibrium price would need to rise so that the daily supply matches the daily demand. Equilibrium analysis suggests that a clearing price is one hundred and forty to one hundred and eighty thousand per Bitcoin before the April twenty twenty four halving. Now, if you'd like to see that come to fruition, make some noise in the live chat. Now he continues. Generally, this idea of higher equilibrium price is consistent. Sean Farrell estimates that the flow multiplier for Bitcoin is four to five X and on the odds of a spot Bitcoin ETF finally getting approved in the United States after numerous rejections of the past year. Here's what we had to share. Bitcoin ETF could finally get approved. Sean Farrell sees the BlackRock effect, making it this far more likely today. Now, BlackRock, we all know, is the world's largest asset manager, and they say they have roughly 10 trillion or more in assets under management. So there you have it. Very bullish predictions coming from Tom Lee and on regards to this BlackRock ETF being approved. But I'd love to know your thoughts. Do you think that the BlackRock Bitcoin ETF will be approved within the next nine months before the Bitcoin halving scheduled to be in April of twenty twenty four? Let me know why or why not. And I'm going to start reading all of your comments out loud. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
A highlight from 1370: Why You MUST Own at least 1 Bitcoin - Jack Mallers
"Welcome, everyone. In today's episode, I'm going to be breaking down the latest technical analysis, as well as MicroStrategy marks three years of holding Bitcoin with four and a half billion dollars in Bitcoin and company stock, literally up two hundred and ten plus percent. We'll also be discussing PayPal executive says that their new stablecoin will be made available for DeFi in the future, as well as Bitcoin as a ticking time bomb set for historic expansion, as rare indicator sends a signal. I'll be breaking this down for you. We'll also be discussing breaking news of fun. Strad investor note says Bitcoin can hit one hundred and eighty thousand dollars before the upcoming block reward, having scheduled for April of twenty twenty four. We'll also be discussing the top reasons why the Bitcoin price will smash a million dollars per coin, as well as why you must own at least one Bitcoin right now. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. 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 rumble channel at CryptoNewsAlerts .net. Again, that's Crypto News Alerts .net. And welcome, everyone. Just tuning in. This is Pod episode number thirteen hundred and seventy. I'm your host, JV. Today is August 13th, twenty twenty three. Kicking off today's episode here with our market watch, we can see Bitcoin still holding strong onto twenty nine thousand four hundred, but slightly consolidating for the day. We also have Ether barely back in the green, trading above eighteen hundred and fifty dollars, along with BNB and XRP also in the green. And checking out CoinMarketCap .com, the current crypto market cap sits at one point one seven trillion dollars, with about 17 billion in volume in the past twenty four hours, with the Bitcoin dominance at forty eight point seven percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers in the past twenty four hours, we have room lead in the pack up twelve percent, trading at a dollar thirty seven, followed by a ton up about seven percent, trading at a dollar forty three, followed by Pepe up four and a half percent and checking out the top one hundred crypto gainers for the past week. Mostly, I'd say we got a few in the green, but also probably equally as much in the red. Some of the biggest losers include Koss and Bone, with some of the top gainers for the day, the same as the week with Tun, Rune and Pepe. And checking out the Crypto Greed and Fear Index, we're currently rated a fifty four neutral, same as yesterday. Last week was a forty nine and last month was a sixty in greed. So there you have it. How many of you are currently bullish on the king crypto and have been taking advantage of this recent dip? Let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis and see what's happened with the continuous sideways trading action. Most of the alts are also quiet today on Sunday, similar to how they perform yesterday on Saturday, except for Rune and Tun taking the lead. Now, the past few weeks went in a rather unventful fashion for typically more volatile crypto asset. This past Monday saw some movements as Bitcoin dipped below twenty nine thousand to mark the weekly low. However, it went on an offensive almost immediately and had surged past thirty thousand by the time Wednesday came. But that was short lived. More volatility was expected on Thursday when the US CPI numbers were set to come out. Yet that wasn't the case. Bitcoin remained at just under thirty thousand, where it had retrace hours just before that. And then the following days were quite stagnant. Once again, Bitcoin stood still within the same tight range of between twenty nine and twenty nine five. And expectedly, the weekend didn't provide anything different, given the typically lower trading volume. So there you have it. I mean, it's been very boring sideways trading action. Nothing new. But I feel once we can break thirty two, we're likely to continue marching on up, breaking the annual high. And there's not much resistance between thirty two and forty. So do keep that in mind as well. Now for the latest regarding the first publicly traded company to put Bitcoin on their balance sheet, which is MicroStrategy. They're still holding their four and a half billion dollars worth of BTC. Let's break this down. As you can see here, it's been three years since MicroStrategy first accumulated their BTC. Michael Saylor spearheaded the strategy of making Bitcoin their primary Treasury Reserve asset, directing the firm to buy twenty one thousand four hundred and fifty four BTC for two hundred and fifty million at an individual price of roughly eleven thousand six hundred dollars on August 11th of 2020. That's when it all began. Now, in the up and down years since MicroStrategy continued to consistently invest in the top crypto asset, becoming the largest institutional holder of Bitcoin. And as of July 31st, the firm holds one hundred and fifty two thousand eight hundred BTC acquired for a total cost of roughly four and a half billion dollars at an average individual price of twenty nine thousand six hundred and seventy two. So they're roughly at their break even point. Interestingly enough, now Saylor was MicroStrategy's chief executive when the company first bought Bitcoin, but now serves as its executive chair after stepping back from the CEO role last year. The MicroStrategy stock is up more than two hundred and ten percent since August 10th. So keep that in mind. And that since 2020, the day before it made the announcement to purchase Bitcoin, MicroStrategy is currently priced at three hundred and eighty four dollars per share, according to Market Watch. And it hasn't been an entirely smooth ride. However, keep in mind, MicroStrategy is down more than 70 percent from the three year high of eleven or one thousand three fifteen, which it hit on February 9th of twenty twenty one, referring to the stock right as Bitcoin was in the midst of that ascendant bull run. And in June of twenty twenty two, MicroStrategy faced concerns it would receive a margin call on a Bitcoin backed loan, though those fears never materialized and seemed to be nothing more than FUD. And in a margin call, a trader or investor is required to put up more funds to avert the closure or liquidation of a leveraged position. And I think when those FUD rumors were coming out, Michael Saylor said unless the Bitcoin price dips all the way to three thousand, we are not getting liquidated because they had more assets to back it. So it was nothing more than FUD at the end of the day. But very interesting. I think MicroStrategy will continue being one of the largest huddlers of Bitcoin in the world. They're second in line to Grayscale, which controls over four hundred thousand BTC. And at this time being there's no spot Bitcoin ETF in the United States. The next best closest thing is to owning MicroStrategy stock. And of course, Michael Saylor is very bullish on that. Now, let's discuss the latest regarding the PayPal stablecoin, which is titled PYUSD. They've been announcing some plans for DeFi. And we also had some analysts recently come out predicting due to the launch of the PayPal stablecoin because their audience is so large, hundreds of millions of people that use PayPal on a regular basis, active users, that it can send the Bitcoin price to a quarter million dollars per coin. That was a prediction from Charlie Shrem. I covered a few episodes ago. If you missed that, be sure to check that out. Now, an insider from PayPal says the firm's new stablecoin will ultimately launch on DeFi platforms sometime in the future. In the new interview on the Unchained Pod, Jose Fernandez, PayPal's senior vice president of blockchain, crypto and digital currencies, told the host Laura Shin that the firm intends for their stablecoin, which was launched earlier in the month, to be available on crypto exchanges and compatible with the DeFi ecosystems, quoting them here. I think DeFi will be a part of the first wave in the sense that we want to go where crypto users are using stable coins today and DeFi as a use case for that. So as of today, you can only get the PYUSD on the PayPal wallet. We are ramping up the product, but definitely the intention is that it will be available in the main exchanges. And when the distribution is available, then the folks will be able to use it for the traditional use cases. The Ponte goes on to share that their stablecoin is already compatible with Ethereum wallets as it is technically an ERC20 token, ultimately meaning on the Ethereum blockchain, and that it's fully backed in compliance with New York regulations. Quoting him again, the stablecoin PYUSD is an ERC20 token. It's deployed on the Ethereum blockchain and it can be sent outside to wallets that enable ERC20 tokens. Now, there is definitely an aspect of it that has to do with being fully backed and regulated as a stablecoin. As you know, we are issued out of New York. Paxos is the issuer and the token is approved by the New York Department of Financial and Security New York has very clear and strict requirements in terms of KYC, know your customer, and anti -money laundering provisions that require the ability to be able to have the right control in place. So there you have it. And to watch this entire interview, they did check the show notes below the video in the description. I will give you a little disclaimer. I do not trust PayPal as far as I can throw them. I had a lot of people ask me, where can I get the stablecoin? It seems currently only available on PayPal, but I wouldn't be holding it. I'd prefer the real thing, which is Bitcoin the only decentralized crypto asset because PayPal, just as they can freeze your funds and freeze your PayPal account. They've done that to me before in the past, probably like a decade ago back in the day. They could also freeze your stablecoin the same way because all it is is a digital version of the dollar. So that's not so enticing or exciting to me. But the reason it's fruitful and bullish for the entire industry, it can help usher in that mass adoption, considering PayPal has hundreds of millions of active use active users. That's why this is a pretty bullish story. But anyways, now let's talk about the ticking time bomb, followed by one hundred and eighty thousand dollar prediction from Fundstrat at the time of the halving less than nine months away. And then I'll be sharing the latest and greatest from the one and only Jack Mallers and why you should own a Bitcoin and why the Bitcoin price is trending towards seven figures. Let's break it down. And yeah, if you're just joining us, make sure to say hello in the live chat. Don't be a stranger, as this is a live and interactive show. But yeah, let's break this story down. As you can see, while he followed analysts as Bitcoin is gearing up for a historic move to the upside, now that has rarely seen the indicator has flash. This anonymous analyst known as Credible Crypto shares that Bitcoin is going through a period of record low volatility or a compression phase, which he says will ultimately lead to historic expansion. Send it. Let's go. He shares a chart, which you can see here, along with fellow analyst tech dev who points out that Bitcoin's three week chart is approaching compression levels that previously signaled the start of the bull markets since 2012. Quoting credible here, historic compression leads to historic expansion. Imagine looking at this chart and thinking, yeah, ten thousand dollars incoming, a ticking time bomb till bear extinction. BTC. That's what's up. Now, while many Bitcoin bulls have lost confidence due to the Bitcoin uneventful price action, credible says Bitcoin is simply consolidating, which should be considered bullish, quoting him again, seeing a lot of if we are so bullish, why aren't we moving up? The bulls don't have the strength to push the price higher. This is bearish. But when the price is moving sideways, it means that neither bears nor bulls are in the driver's seat. Consolidation is, by definition, neutral buyers and sellers have reached an equilibrium. Now, nine out of ten times consolidation structures resolve in the direction of the trend that preceded them. We have been in a very clean, obvious uptrend since fifteen thousand dollars. So by default, then one should expect this consolidation over the last month to resolve to the upside. And he continues, your default stance on Bitcoin here should be bullish, in my opinion, unless we start breaking bullish market structure. For example, the first and lowest timeframe level of the bullish market structure that matters is twenty four eight marked, as you can see here in this chart. So there you have it. How many of you agree with credible crypto aren't currently bullish, even though the price action seems boring and continues to trade sideways? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. That's Fundstrat's prediction of one hundred and eighty thousand dollar Bitcoin price by the time of the next halving, keeping in mind that halving is scheduled to be sometime in April 2024, virtually meaning less than nine months away. Let's break this down and shut up to Tom Lee over at Fundstrat. So I actually shared this in a tweet here this morning. Fundstrat investor note says Bitcoin could hit one hundred and eighty thousand before the upcoming block reward halving in April of twenty twenty four. And also interesting, an Indian analyst thinks that World War Three had already begun expecting the BRICS economic bloc to merge with the Shanghai Corporation Organization. And also it is shared that the financial services company attributes this projected five hundred and twenty one percent Bitcoin price hike from the current levels to the rising demand fueled mainly by the anticipated approval of a Bitcoin ETF, which I know is on everyone's mind. We know there's literally hundreds of trillions of dollars in the total addressable market, much of which can be come in pouring directly into BTC. So let's break down some more of these numbers. Fundstrat's and Pharrell's projections follow the mid -July forecast from the banking giant Standard Chartered. And guess who is the primary shareholder of Standard Chartered? You guessed it, BlackRock fam. They predict one hundred and twenty thousand dollar Bitcoin price by the end of next year in twenty twenty four. Now, Pharrell's analysis points to a Bitcoin ETF potentially adding an extra hundred million dollars in daily demand. I honestly feel that is conservative, but hey, now why the impending halving will slash the daily mining rewards down to a mere twelve million, quoting them here with a spot Bitcoin ETF launch daily demand will reach one hundred and twenty five million while the daily supply is only twenty five million. The implicit equilibrium price would need to increase so that the daily supply matches the daily demand. Now, equilibrium analysis suggests a clearing price of one hundred and forty to one hundred and eighty thousand per BTC before the halving in April of twenty twenty four. And moreover, Fundstrat envisions the possibility for a BlackRock Bitcoin ETF to become one of the most monumental ETF launches ever. Let's go. Possibly outstripping the QQQ ETF's thirty six billion in first year inflows. I think we crush it personally. The firm is of the opinion that Bitcoin ETF assets might outshine precious metal ETFs one hundred percent. Now that's a market worth two hundred and thirty billion dollars and eventually become a category worth more than three hundred billion. That's a given, right? However, approval for a spot Bitcoin ETF could enable manipulation akin to allegations about precious metal ETFs like gold and silver. A physically backed Bitcoin ETF is expected to boost crypto adoption as well as the prices. There is a chance it could mimic the gold and silver and allowing leverage of fictional supplies Bitcoin to manage futures positions, a .k .a. through derivatives. Now, when the price rises too fast, this imaginary Bitcoin supply could be dumped to tamp the global prices down. But for a while now, Fundstrat has been prophesizing a leap into the six digit territory as far as the Bitcoin price action, though these bold predictions have yet to materialize. Also, keep in mind, back in May of twenty twenty one, David Grider, the firm's chief digital asset strategist, confidently asserted that the target Bitcoin price of one hundred thousand per coin remained intact. Send it. He further envisioned Ethereum scaling to ten thousand per coin, reflecting on the broader crypto landscape. Grider's perspective from two years prior foresaw the entire crypto economy accelerating towards a staggering five trillion dollar milestone. So there you have it. Let me know if you agree or disagree with Fundstrat and their analysts that the Bitcoin price is likely to hit that target of between one hundred and twenty twenty four. That Bitcoin halving in April of twenty twenty four, that would obviously be the calm before the storm. And could you imagine the BlackRock Bitcoin ETF virtually being approved pre halving? That's going to send Bitcoin to a whole new stratosphere, in my humble opinion. I predict that we hit the peak cycle high in twenty twenty five, just considering the history doesn't necessarily repeat, but often tends to rhyme. And I remember the Bitcoin halving of twenty sixteen. It was the year following in twenty seventeen. We hit the high for that cycle of roughly twenty thousand. Then like clockwork four years later from the twenty sixteen halving in twenty twenty, we had the next halving and the following year Bitcoin hit the current all time high of sixty nine thousand. Hence, I'm predicting a multiple six figure Bitcoin price by twenty twenty five. Let me know if you agree or disagree in the comments below. And like I said, I'll read everyone's comments out loud at the end of the show. And with that being shared, fam, now let's discuss our final breaking story of the day. Jack recently Mallers did a podcast episode on his new podcast, Shout Out to Jack. I transcribed it because I find it very valuable. He was also interviewed on CNBC and talks about how hyperinflation will send the Bitcoin price to a million dollars. So here's some of the highlights and my transcription from his interview I have to share with you and then we'll dive into our live Q &A. So here we go. Here's what Jack Mallers had to share in this interview. If silver is going to 1000 X, I will walk into my kitchen right now and I will melt all of my silverware and I will sell it at market. If gold is going to rally, Elon Musk will find more on Mars. This is a super important point. Bitcoin is the only monetary instrument in the history of our species that is fixed. It does not matter how much more demand comes into the asset class because no one will ever be able to make more than it. There are two things I can guarantee you in my life. Number one, that I'll die. And number two, there will only ever be 21 million Bitcoin. And those are the two things that I could only value, which is my life and my Bitcoin. So it is the only fixed supply asset. It is not that complicated. It's going to go up because everything else can be issued more. The only thing that is clear to us and clear to our customers is that you cannot hold and save in dollars anymore. I think there is going to be a new era of the US dollar where inflation will enter and normalize 5, 6, 7, 8, 9, 10 percent. The days of 2 percent inflation are over. The Fed really blew this thing up. You can call it inflation because the CPI is low to nonsense, right? Like the government is going to tell me how the dollar is inflating based upon a basket of instruments like my Netflix subscription or my Caesar salad doesn't actually tell me how well the dollar is doing or how much it's being devalued. Miami real estate does. Bitcoin does. Bitcoin is up over 50 percent this year. You're telling me the dollar isn't inflating. You're out of your mind. I am not listening to that. The Fed and the whole monetary system is based on trust and they constantly, they constantly break that trust. Preach. It would be the equivalent to there's a fire outside of my house. I smell the smoke and someone tells me, no, no, no, no. It's a bunch of teenagers putting on a bonfire. OK, but I hear one police siren. Are you sure it's a bonfire? Yeah, yeah, yeah. It's a bonfire. Now I hear 10 sirens, 100 sirens. My whole community is running out. I'm not going to get up and look outside the window and see what's going on. I don't believe them for a second. You have to be absolutely crazy to believe the Federal Reserve right now. They are full of it. And I don't have to because I own Bitcoin. There is no one that can deflate my instrument. I get to hold it, save in it. I know the monetary policy. I sleep like a baby, like the baby face that I am. I think you are crazy to believe the Fed and these swap lines and treating these assets at par. It is a gimmick. It is a scam. Very powerful words coming from Jack Mallers. Let me know if you agree or disagree. And as you can see, this post is going viral over on X. So be sure to share it and repost it. I greatly appreciate that. Now for some other thoughts regarding predictions coming from Jack Mallers as well. When he was speaking with CNBC's Power Lunch with Kelly Evans, the strike CEO discussed the role of Bitcoin in the ongoing banking crisis. And Mallers is convinced that the Bitcoin price will hit one million dollars per coin fueled by global hyperinflation. According to Mallers, the Fed has tarnished its name by printing more money to save the banking industry, despite claims to reduce inflation to 2 % as I just shared with you. And as such, Mallers expects the Bitcoin price to continue with higher demand and Mallers reiterated the fact that there will only ever be 21 million Bitcoin units, despite the increase in demand. Now, notably Mallers bashed the altcoin industry for being centralized with founders holding massive coins at the expense of the secondary market. And as such, Mallers thinks that altcoins are suitable for speculation and should ultimately be used to accumulate more BTC. Quoting him again here, my overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. The alts are interesting, but a lot more speculative. I use them to accumulate more BTC. So there you have it. Let me know if you agree or disagree with Jack Mallers and his thoughts, what he had to share. Do you think that global hyperinflation will likely send the Bitcoin price thriving to seven figures per coin? Let me know your honest thoughts in the comments right down below, and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q and A. And I look forward to seeing you on tomorrow's episode. HODL.
"eighties" Discussed on WTOP
"Less humid were in the eighties monday tuesday wednesday look great mid eighties with sunshine and lower humidity i'm steve prince of alley wtop you need everything you need every time you listen wtop news this wtop is news. The DC man arrested in connections to a deadly hit and run outside the white house earlier this month had his first day in court 33 year old Benjamin Robertson is being held this morning without bond were told he was arrested friday and charged with second -degree murder in the case DC police say in this a case secret service officers tried to stop robertson at the intersection of 17th street and constitution avenue northwest in that day because the car they say he was driving had expired tags officers say that robertson then instead ran a red light hitting seventy five -year -old Bing Wong and his thirteen -year -old granddaughter Wong who was visiting his family from philadelphia later died his granddaughter suffered minor injuries the alabama woman who confessed to faking her kidnapping is now being charged with two misdemeanors carly she went missing earlier this month after calling nine one one to report a toddler wandering on the side of the interstate russell returned home two days later and told police she was abducted her attorney later said she made the whole thing up hoover police nick dairies this morning judging from the amount of phone calls and emails that we've received from all over the country i know many are shocked and appalled that miss russell is only being charged with two misdemeanors despite all the panic and disruption her actions caused let me assure you i too showed the same frustration russell turned herself in with help from her attorney she was released on bond the man of a deadly shooting at a high school graduation in richmond will not face second -degree murder charges case in the after all 19 year old amari pollard was indicted on a first -degree murder charge for the shooting death of 38 year old sean jackson jackson and his stepfather were killed and at least five others were hurt during the shooting at the altria theater last month now prosecutors in the case dropped the second -degree murder charges were told against pollard because they say they don't have enough evidence to prove say the shooting happened because of a long -running dispute racing at churchill downs will resume in september with no changes being made this after a review of services and safety protocols in the wake of twelve horse deaths seven of which were in the days leading up to the kentucky derby back in the spring in may the little track suspended racing operations last month and move the rest of its spring me to list park in western kentucky the tracks fall meet begin september fourteenth and runs through october first you are listening to 103 .5 you're with wtop and men Wake up and text, text and eat, eat text and catch
"eighties" Discussed on WTOP
"Low eighties and then through the afternoon depending how much sunshine heating we get we'll get some thunderstorms to pop up through the latter half of the day could be one or two gustier thunderstorms even little bit of hail not out of the question as we head into the early evening hours probably all wrapping up by eight o 'clock so yes it's not all day it's not all severe but there could be a few here and there so just be on guard through the evening we'll drop back back to the low 60s downtown 50s in the burbs and the weekend a little bit of a light breeze sunshine and just beautiful low 80s to mid on saturday perfect mid to upper 80s on sunday even better and then for monday jeanteenth maybe an isolated storm but most of the day looking dry upper 80s once again we've got a really stellar stretch downtown it's at 68 the mildest 63 downtown in upper marlboro right now it is 56 in winchester and i'd have to yesterday mention i was in anacostia doing a grilling segment in the evenings and i met a john aarons with an s so not you but he said so many times when he meets people works a giant p r he said people think he's the guy from the radio i hope he's very handsome i said i said you just like john you have a face for radio my thank you brian it was just kidding just kidding yes appreciate it all right you just put the s on everyone's name michelle bashes brian vandegraff's our doppelgangers yes it's brought to you by dulles glass for all your glass mirror and shower door needs visit dullesglass .com dulles glass glass and coming up some maryland lawmakers head into the father's day weekend with a special pledge in mind i'm kate ryan five fifty two when people have a craving to explore new and traditional asian cuisines they head to pf chang's where scratch made dishes come from the two thousand year old tradition of wok cooking pf gangs wanted to explore new possibilities for their website they turn to american eagle dot com american eagle dot com re -architected pf chang's website integrating multiple third -party systems to create a unified digital experience the results improved page speed and performance personalized content based on users location intuitive ordering online an increase in organic search visibility and a forty percent increase in new users for scratch made asian cuisine visit your local pf chains are going to pf chains dot com for website design development digital marketing and hosting that produce efficiency revenue and results visit american eagle dot com pf chains and american eagle dot com another example of the best businesses in the world turning to the best in the business for websites american eagle go dot to com are called eight seven seven web now one that's eight seven seven web now one when it comes to one dollar small slippy drinks at seven eleven no one's doing it like you you're inventing new flavor combos throwing caution to the wind you're a frozen fizz whiz a pina colada prodigy you and blue raspberry like a pro only you know the perfect ratio just when they think you're done you add
"eighties" Discussed on WTOP
"In the lower to middle eighties and warmer for others day i'm seven news meteorologist steve rudin in the first alert weather center sunny in seventy three in the nation's capital this is w -t -o -p news everything you need every time you listen w -t p -o producers desk is wired by i b e w local twenty six where electrical contractors ground good afternoon i'm mark lewis jacob cur is our producer the top stories were following a senate panel today considering major changes in the number of flights at reagan national airport lawmakers but from this region don't seem to think it's such a good idea more from w -t -o p's mitchell miller today on the hill the proposal before the senate commerce committee would allow for more long -haul flights out west it's part of the f a s reauthorization bill and it's opposed by all four of virginia and maryland senators including virginia democrat tim cain he says in addition to potentially causing more delays at national it undermines major financial efforts to help people get to dallas we've just invested billions to get the silver line to dallas to make it more convenient to get to dallas why would we strand the value of that asset but supporters say adding destinations would give travelers more choices on capitol hill mitchell miller utlp news the supreme court has preserved a law that aims to keep native american children with tribal families the indian child welfare act was enacted 45 five years ago in response to the alarming rate at which native american and alaska native kids were were being taken from their homes and too often put in non -native homes or institutions the law gives preference to native american families in foster care and adoption proceedings of native kids in a 7 -2 ruling the high court has rejected a broad attack from GOP led states and white families who say the law is based on race and unconstitutional tribal leaders back the law as a means of preserving their families traditions and cultures washington 2024 campaign and there's another in the race for president is miami mayor francis huarez who just filed the official run for the white house i'm going to run for president i'm gonna run for your children and my let's give the future swarez has been elected as miami's mayor twice and he's joining former president trump and governor ron de santis as candidates from florida a one -time battleground state that has become more reliably republican today
"eighties" Discussed on 850 WFTL
"Eighties and nineties commercial free. On Sunday. 179. Something that's long. Been sleeping all alone or I'll miss you on the phone fathers along. I want to ask you How would start Don't imagery to wait in the hall waiting on your how you always It's just crazy about Hey, What's the matter, man? Come at 12 with the Puerto Rican thousands to already case why Here goes for around. You know that with you. Where Oh, come on. Oh, Walking central y Singing after dog people think all raising, stopping almost Shuffle into the street. Is competing. What's the matter with you, boy? Sometimes I want to say Sam Hotel. Oh, Uh huh. It doesn't do you wanna know why flower can do you defend my damn When there's nobody by Oh, I'm not time. I'm going to do. Yeah. Sunny 179 the greatest hits of the seventies, eighties and nineties. They don't forget like we always do. Three p.m. Today we kick off our weekend little early around here Another awesome eighties weekend three P.m., But the morning version of the eighties and eight coming up in just a couple of minutes. It's only right here, Sunny one. Oh 79..
"eighties" Discussed on The Dan Le Batard Show with Stugotz
"Are powerless. There's a danger. This kind of dictatorship. I don't know that the audience cares though as long as they get their their pound of meat. Every time you have see is showing fight. I do believe if the employees all decide to band together and form like do some exercise some form of collective action and then they're punished for it. That is a violation of the law. The national labor relations board would then get involved. But at that point your career may be over. And if you don't have any money and your leverage is that you could make money one day if you play by these horrible rules. What is the incentive. Dana white is gonna fight anything in the way of the union. I asked him about that and his response was. I've never heard of unions making anything better. They do for some of the people who are mistreated. But when you're in his position they don't though jessica when your hip position unions don't make anything against unions why we have like a forty hour work week and like people can eat lunch now and like the weekends exist got fighters such a stupid thing to say. I'm sorry it's not for him. not for him. They heard him. It's it might be a stupid stupid thing to say it's not a stupid thing to build your business on if you have that kind of power and you can just continue to mind the oil of injustice and nobody seems to care that fighters after winning fights telling you they're broke. They're not being asked about being broke. They're volunteering. they're being asked the question. Can you take some time before your next fight and the answers. How can take some time. I gotta make money. I gotta eat sly understand why it's stupid for him because it's going to cost more money when he has to pay people. But just the generalization that unions have never made anything better when like the vast majority of workers in this country since industrial deletion have had their lives improved in some way because of the original unions that formed at. There's not there's not a billionaire ignorant to snap a billionaire in this world. That hasn't gotten there through the exploitation of something or someone media in to tony's point about the contracts that these fighters sign in some respects. This is born out of a sport. That was maybe not going to succeed right. And a lot of these fighters they probably signed their lives away when they join because if they hit it big than it's worth whatever sacrifice you make on the front whatever freedoms you have contractually george saint-pierre signed at a time where the idea of him becoming a massive star was probably a very remote possibility. Making whatever it is you do. Make is probably massive for him his own at the time and with no union and no collective bargaining. You can't fix the rules that have been in place since before your organization was making all this money. It's what ends up making it more and more like the ncaa's and it's what ends up making these bodies. There's a lack of humanity in it as or more disposable than even the ones in the nfl where you only know a couple of the skill position and you can run through any of the linebackers and you can make a running back position not matter in a salary cap sport but even where the injustices are in football got at least. They're collectively bargain iraq. At least their partners their room and they're negotiating a more reasonable percentage of the profit and the revenue. Even to what he's point you make it to the top of the sport. Tyron woodley was a five time champion in his in his division. And he's got to go. Fight jake paul to make more money than he did a champion. They're making a lot more. That's how they're they're making relevant. The paul's because the polls are smart about just come over here. You'll get a bigger percent of the pay per view. We will end up splitting a pay per view in a way. I wouldn't you do it more reasonable. And someone like ben. Aspirin is going out there and getting knocked out because he's not a boxer and he's fat and everything else and not trying for a fight in a art or skill set that he has not mastered he goes out there gets knocked out and get paid more in a fight for fighting a paul then. He did at any point in his career. It is crazy. I don't know how it changes though unless people get bothered by the too powerful having too much power and abusing that power. I don't know how many more winning fighters have to come out and volunteer to you. That they're sleeping in their truck or that they're just not making anything making any money in the fighting games to guy if they all said. We're no longer fighting. How quickly would it change. Do you think guts he. He can get others to fight there. We will walk. There's no real true. Start our sport. I could just put any two people on the cage. That's all you people. There are true stars in that sport. Conor mcgregor is a monster payday who will get paid anybody who fights opposite him. I'm talking about the feeder system. I'm talking about everything that happens before the five guys who get made but even even the biggest names in that sport have complained about the percentages. They get you.
"eighties" Discussed on The Dan Le Batard Show with Stugotz
"Money and all pit-bull performing live on top of the machine dollars it should be something you're spending twelve dollars just to get your money. Yeah you see another. Ufc fighter after a fight just announced when the microphone. What is in front of him and he didn't even say it with bitterness. I'm broke it's been happening more and more where these fighters Recently won one a fifty thousand dollar bonus and she just said afterward. I needed it so much like i. It's all going to pay loans. But we're all we're we're broke even if we're winning we're broke as we've talked some about this before that the fighters in that sport are paid. I think it's eighteen percent whereas you get in the sports that have unions and collective bargaining. It's closer to fifty percent of revenue. You have espn paying ufc. Just this is just espn. One point five billion dollars and you got fighters all over the way all over the place telling you when after they win. Fight at the height of triumph. And it's not with bitterness. Just telling you to pursue this love. That i have. I have to be broke. And i have to keep fighting. I can't take a lot of time between fights because i'm broke. I have to. I have to keep getting out there. Whether i'm ready or not on a timely manner. Maybe before i'm ready just because i'm broke. Well how do you fix it. Though i mean for me a union right. That would that would help. Is they keep coming back to fight putting pressure on dana white publicly. I don't know if he's capable of shame and embarrassment. But you keep putting public pressure. I told you that the only reason. I didn't wanna fight dana white stugotz that the only reason i did that is because i was trying to circumvent the labyrinth at espn. Because their partners anytime anybody would say anything. That dana white didn't like at espn or anywhere. Because he doesn't have any use for journalism because he wants to do it his way because he's a trump dictator guy and he doesn't have any use for unions or fairness. He just wants his money and he gets his money keeps getting more and more power. And the reason that i said you. You remember how that went correct. The interview was me asking him questions. He was not getting at. Espn about how poorly paid his fighters are and because i knew that was going to swing back on me. I just sort of through a bunch of smoke and sparkle in the air. By you know saying you know whatever was i said about wanting to fight him because i want attention paid to this. I don't know how else you get. I don't know how else you do this. But i would ask you to consider as basketball and football have partnerships with their employees that make it so that any injustice these players may be suffering. Maybe you don't think any of its injustice because it's millions of dollars and they get to share in it but at least they're collectively bargaining to be partners with their employer in a way that allows them to share the money when area. Who wanna comes on here and tells you about all these new deals that the ufc signing you know a kit for a billion dollars a bit. Bitcoin fighting kit sponsorship and that the fighters don't get any of it. It should bother you. Especially stu gods when you start considering the desperation that is the sole and the undercurrent of the fight game choosing that as a living fighting other desperate broke. People for money is about as close as we come to. The gladiators desperate broke people choosing a career path. And yes they chose it. But sometimes desperation makes people choose boxing and ch- just the lack of education. Sometimes that's in play the poverty you come from. This is not a universal truth but largely a lot of desperation in those sports. When you arrive at a place when you're choosing to fight another man for money as a career choice or another woman. It does bother me. It should bother the fighters though and it should bother them enough where they're fine. I think it'd take a stance and do something about it. I don't know the sport as well as you do. So i don't know are there fighters where the draw is big enough where they are so popular. Where if they didn't fight it would really hurt the sport. There are a handful of fighters. To god's who are making fine money you will not hear daniel cormet or conor mcgregor complaint too much actually mcgregor has complained about it but complain too much about the fight payment but can't those guys be leaders. Try to form a union or at least tell the fighters hey we're gonna sit out or let's all sit out until we get what it is that we want eazy out there. It's easy for dan. i'm making it sound a lot easier than it is to exert power you you exert the power of others very well. It's a little harder to do. When you're sport has a bit of a monopoly. You what are you gonna do. You're going go one. Many of them are doing going and fighting the poles because it pays for more money going into the circus tent over there just because just just box. The one person you would say would be john jones. That would be like okay. If this guy steps away. That would be the thing and he stepped away. He's been off of the of the game for what two years now and it doesn't matter right like the the interesting thing to me. Is that as you look. And air haunting talked to george saint-pierre which is in retirement. He wanted to fight. Oscar de la hoya on dana said. No you're not going to do that. Like they still control them into retirement right like if john jones wants to come back and fight. It's gotta be with the ufc. There's no other way. But they all march to the same drumbeat all the fighters you hear the same thing. Hey you know it is what it is we just gotta keep. This is the problem though when you have such an imbalance of power when you've got the funds being created by the people in the system who are physically courageous and powerful but in..
"eighties" Discussed on Movin 92.5
"Eighties. Maybe That's why it became so popular in real life. We're too lonely Singles make a pact saying, you know what if we're both still single by age, whatever. Then how about you and I get married? Yeah, in kindergarten. I did it, too. And I was like we were single at 21. Let's get married when our lives are almost over. I thought it 14 21 was really old. Yeah, I mean, it's kind of the ultimate dis because it's it says You know, I'm really desperate right now. But I'm not that desperate. Just say that, at least not yet. Give me 20 more years and maybe I'll sink to this level. Will you be my last resort? I have a shot. But you we all know you're right. So today we have a guy on the phone who made that pact with a woman way back in the day. His name is David. What's up, David? Hey, How are you guys? David, This is cute, but you're really taking this pact. Seriously? I just wanted to see if she's serious about it. Okay, We'll see how it is. We'll get to the packed in just a second. But first how long has it been since you last spoke with your future wife? Oh, don't say that yet. Okay? And jump to conclusions. How long has it been since you spoke to her was actually been almost like 12 years. Wow, wait before we go further. What's her name? Well, Her name is Libby. But she goes by lib live. Okay, okay. And I mean, did you guys make this pack in high school? Is that 12 years ago for you? Yes, Actually, we were really, really good friends, but I was super shy. And I don't I was really insecure, so I never after out, but we kind of always, like, had a thing between us. If Oh, yeah, At least on your end. You had a thing between you on her, and she probably didn't even know that's not true. She actually wrote it My yearbook. So she's the one who wrote it. She broke the marriage packed down, Did you guys Like prick your thumbs and then sign it with blood Knowing it fooled you go to, I mean fingers. I've seen what Brooks saying she's saying, Did you get it notarized? Otherwise, it's not binding. Come on, That's it's actually really cute. It is so this was her idea, and now it's been since high school since we last spoke to her. And how did she come back into your life? Well, we always were Facebook friends. So, whatever we just kind of where prefer all with each other. But then I realized like about a month ago that she was single because she was in a long relationship for a while, I realized it. I mean, I wasn't stalking her pager and refreshing it and recover week three hours ago. Yeah, Okay. So did you reach out to her? Or did she reach out to you? I like the end her and then we were just talking. And then I got the courage to ask crowd like I straight up just was like Hey, this could be I think that's okay. Alright. Nice. Oh, my God. Where'd you guys go? What You do tell us everything. So we just went to this like little divey bar and we had drinks and it was so cool like we both were just smiling like we're really good friends for six years so cute and it's so nice to like, Be out with somebody on a date that you still feel that comfort with right like Like you didn't skip a beat. No, and you can just be yourself. I mean, I'm assuming that's how you felt. Yeah, I was really, really, really nice. And so anyway, we we ordered apps and stuff. And I actually bought a yearbook our senior year, but, uh oh. Okay. Brought.
"eighties" Discussed on 90.3 KAZU
"In the 19 eighties. It's a magical city, but back then it was a town in turmoil. Written overwhelmed by economic and social change, in which the north of England rotted away the coal mines. The steel mills, the cotton industry fella, Paul in Liverpool, unemployment double the national level. There are some parts of the city where 18% of the people are out of work, and it felt like you could stand on the street corner of Liverpool, which had massive unemployment, No real hope a heroin epidemic. Witnessed the city decomposing before your very eyes and a survived by making believe I was an American trapped in an Englishman's body By inhaling everything, American. I could lay my hands on. The love thing soon will be making him in Mormon run Fantasy Island, Miami, Vice music, forks, clothes and occasional pair of knockoff three bands. Which made the United States might a light in the darkness in my imagination. She can't go remain my family spiritual hope So in the NFL started to be broadcast in England in the early eighties and a remote channel it became a cult hit. On Sunday night. New York Jets nil Los Angeles Raiders 31. The Raiders trampled all over Jets quarterback Ken O'Brien, where ran.
"eighties" Discussed on WCBM 680 AM
"Is amazing. Now it's nice and warm every day provided it's not too too hot. The kids are almost almost almost done with school. So this, you know, hopefully we can put this entire Virtual half virtual school year behind us and, you know, hopefully they get to start fresh. Come next September. You know this is a busy time for a lot of people normally think summertime, you slow down, but you guys have offices in Baltimore and in Florida, so people have a lot of different schedules. But summertime Is really not a time to be slowing down specifically this summer time, let's get into taxes. With that. President Biden wants to nearly double the capital gains tax rates for anyone who makes a million dollars or more will now as CNBC's Robert Frank tells us, the president wants to start collecting that money before you have a chance to do anything. To protect that. Listen to this. President Biden officially calling for the largest capital gains tax increase in history to be retroactive. If this passes and you sold stocks or business or property after April 28th of this year, you could owe back taxes. Wow, retroactive. Brian. The folks are listening to this and white knuckles if they're driving, and they're just they're just shaking your head. What do we do about the precedent for them? To be able to put in a retroactive tax hike is not really there, So I think it would take a lot for him for them to put in something that says all right, we passed this package. Oh, by the way, it goes back to a point where you didn't even know This really existed and the good news in it is that it doesn't affect most of America. It doesn't affect anybody who makes less than Million dollars. Because right now, how do you get to the highest tax rate possible on your capital? Gains is you are up there in that 39.6%. Tax bracket than under the current tax law as a marriage filing joint couple. We have to make more than $628,000 a year. So then you're gonna pay 20% Capital gains tax Plus the 3.8% obamacare surcharge tax is 23.8%. And now what they're talking about doing is if you're in that highest tax bracket, which under Biden's new rules, he would lower it from that 6 28 to about 509. Okay, so now instead of paying I want to say that the your your tax rate now just 39.6% as ordinary income rates and if you make over a million dollars what he's saying is you are going to pay Instead of paying capital gains tax. You're going to pay ordinary income tax of 39.6. Then you tack on that 2.83 point 8% Sorry for for Obamacare, and you're at 43.4%. Taxes on investment sales. Those capital gains There's long term capital gains rates and you know it's really making those long term capital gains rates similar to Your short term capital gains because short term capital gains have always been taxed at ordinary income rates. But the question really becomes, you know, unfortunately, I am one of those people who you know if I make over a million dollars, and I'm selling my stock, er, you know, I have extremely highly appreciated asset that I want to get rid of. And it's going to throw me over that million dollar Mark. What can I do? Lot of folks are in that position right now. There are a lot of a lot of folks in that position, especially because of this huge, huge run up we've had in the stock market. Or if you're one of those people that you know, you bought Ups stock way Back in the eighties you bought Disney stock A T and T stock, Exxon stock error or, you know Tesla, Tesla in 2020 went up 893% in value. And to compare Berkshire Hathaway Class B. You know Warren Buffett, the the Oracle of Omaha, the stock market genius, 2.5% How much that stock increased over that same time period. It is just mind boggling what really happened, so the question really becomes, What can I do if this passes If I'm in that situation where I'm going to be in the highest tax bracket, I'm making over $500,000 a year $600,000 year I'm hitting that million dollar Mark. What can I do? Well, if they ignore all previous precedent, and they get this thing passed, Unfortunately, there's not really much That you can do. You can do the normal tax spending side of things where we try to do tax loss harvesting when we look at, you know, maybe you have some losses in your portfolio, which I don't know how many losses you might have after the stock market. I just had this massive, massive run up but tax loss harvesting where we're selling off assets that have losses to try and offset that game. To try and bring your income down below that million dollar number. Maybe you know you have conversations with your employer about shifting some of your your earnings for the next year. Maybe we look at other tactics inside your tax return on how we can reduce your income, whether we're using limited partnerships or specific types of investments where you're buying tax credits.
"eighties" Discussed on KCRW
"Cherry Glazer Way state and local headlines. One in 12 homes in California is at high risk of burning in a wildfire. That's, according to a new report by UC Berkeley and an environmental think tank called Next 10 and the study says the state government maybe dramatically under estimating the costs of future wildfires. KCRW's Kaylie Wells explains. If the state had to replace all the houses in high or very high hazard risk zones it cost about $610 billion. The study's co author, Robert Stansky says the estimate is based on dated housing maps from 2000 and seven so it's likely much higher. I don't think we've come close to totaling what the costs are, The longer you look at it, the more different costs there are And the and those costs are one way or another, a burden on all California's and that doesn't even include things like insurance premiums In the seventies and eighties, insurance companies paid out 100 million per year in fire insurance claims. By 2017 and 2018. That number jumps up to $26 billion. The study says One of the best fixes is to build more housing and urban areas and incentivize fire victims to move there rather than rebuilding in the same spot. For KCRW. I'm Kaylie Wells with summer just around the corner and temperatures already heating up. Pacific Gas and Electric is on high alert for wildfires, executives with the state's largest utility, said this week. They're already doing practice runs of public safety power shutoffs. His KCRW's Matt Dillon reports. This comes as the state is bracing for fire season that could rival last year's the worst in California History. PG and E. Is director of Meteorology and Fire science has an ominous warning. Moisture levels in many fields across the state are more than bone dry for this time of year. Scott Stressful tells the Sacramento Bee. They're actually parched Appoints not usually seen until mid July. Quote. We're a month ahead of schedule, if not two months in terms of fire danger. Cryptic appraisal comes to Southern California remains the singular region not officially experiencing drought. Yet Governor Gavin Newsom has declared a drought emergency in 41 of the state's 58 counties. Fire risk is particularly important topic for PG any, The utility was forced to declare bankruptcy. In 2019 efforts. Faulty equipment was found to be the cause of several huge and devastating wildfires. It's paid out tens of millions to homeowners and communities and damages. This year alone. PG and E is spending almost $5 billion on wild fire safety, including efforts to section allies. It's grid so fewer people are impacted when it has to shut off power due to elevated fire danger. For KCRW. I'm Matt Gillam. Support for NPR comes from notarized, forgetting documents notarized online via computer or smart phone. 24 7 notarized, connects individuals and businesses to commissioned notary for an online transaction at notarized dot com. And from we work we work all access membership is designed to provide the flexibility to avoid work from home distractions by offering access to workspaces nationwide. More at we work dot com slash NPR. It's morning Edition from NPR News. I'm Noel King and I'm Sarah McCammon. The Keystone XL oil pipeline will not be built. A final confirmation came yesterday from the company behind the controversial project, ending a decade long battle. It is a big win for environmentalists and a defeat for the oil industry. NPR's Jeff Brady has covered the keystone almost from the start, and he joins us now. Good morning, Jeff. Good morning. Well as we both know this is something pipeline opponents have been fighting for years. I remember reporting on this issue years ago, when I was based in the Midwest. How are these activists responding now they are definitely celebrating. I talked with Jane Club from the group Bold in Nebraska, which started the campaign against the Keystone XL because landowners there didn't want the pipeline crossing their property. And also there was a lot of concern that it would threaten the Ogallala Aquifer Club says she spent a lot of time in a minivan going to rodeos, bars and church basements, trying to convince people to join her in stopping the pipeline. You know, In the early days we were organizing and every single person you know, other than my family and the pharmacies lands is going to be taken, told us that we were never going to win that There is no way that you can battle a big corporation and actually win. Now that they have one club says she was experiencing all kinds of emotions. She's happy, of course, but also she's relieved that it's over, and the pipeline won't come through Nebraska. And as you know, the oil industry pushed hard for this project. What are you hearing from the industry? Yeah, This is a big glass for the oil industry. If that pipeline had been built, it would transport oil from Alberta down to the Gulf Coast For decades, the industry and the company building the project, TC Energy, said it would have generated thousands of jobs, construction jobs, mostly, which means they go away. Once it was built, it would have created only about 50 permanent direct jobs. Still, those arguments convinced former President Trump to reverse Obama's decision to block the pipeline. Then, when Biden became president, he reversed the reversal and blocked it again without any options. Now the company is pulling the plug, and the American Petroleum Institute said this was a blow to US energy security. The industry often argued that it's better to get oil from friendly Canadians than from hostile governments overseas. But that argument it lost some steam as domestic oil production increased because of fracking. Now the U. S. Actually, exports oil and an important distinction here was the kind of oil the Keystone XL would have moved. I mean, it's different from what people might think of, right? Yeah, it's not the kind of gushes up from the ground. This has to be mined and I visited one of those minds in Alberta. It's just overwhelming. There are these huge pits. They look like the Grand Canyon. There's a heavy tar smell in the air. Some people call this tar sands oil. It has the consistency of play DOH, so it needs extra processing to turn it into crude oil. Usually that's heat, which means producing this oil emits more greenhouse gases. That's why environmental groups focus their efforts on stopping this pipeline. They want that oil sands or tar sands crude left.
"eighties" Discussed on WBUR
"Sonny in the eighties. Today in Boston, it Saito one. Now the news There was no guarantee that the fighting would actually stop. As the hours of Warren on. There have been no new Israeli airstrikes. No rockets fired from Gaza into Israel. There are still few details about the negotiations and what each side agreed to. Undoubtedly reconstruction of Gaza, which sustained heavy damage during the conflict will be a key issue. President Biden on Thursday pledged humanitarian aid for Gaza. Jackie Northam. NPR NEWS Jerusalem President Biden welcome South Korean President Moon Jae in to the White House today, they're expected to discuss pressing regional issues such as North Korea's nuclear program. Biden and Moon may also talk about China's increasing world influence, and the U. S. And South Korean response to the pandemic will likely be on the agenda. Moon has already met with congressional leaders on Capitol Hill. CEO of Apple, Tim Cook will appear on a witness stand today. This is part of a trial over whether the tech company is an alleged illegal monopoly As NPR's Bobby Allen reports, Cook will be defending the controversial business practices around its multibillion dollar APP storm. It's the first time Cook will be testifying under oath in a trial and is being brought to the courtroom by Epic games. The maker of fortnight Which suit Apple alleging its policies violate U. S competition laws. Epic, says a 30% commission. Apple ads to transactions in its APP store limits payment processing options for consumers..
"eighties" Discussed on Newsradio 1200 WOAI
"In the mid to upper eighties. On Thursday, I'm meteorologist Mark Thibodeaux from the Weather Channel on San Antonio's official Weather Station News. Radio 1200 w A I. A $5000 reward is being offered in hopes of finding a suspect in a deadly head and run. San Antonio. Police say Lisa Rosenstein was killed on the north Loop 16 Oh for west frontage road close to Shadow Park last weekend, and they're looking for a 2012. The 2014 Ford focus with major damage to the right headlight and possibly a missing passenger mirror. After multiple postponements and cancelations, the city of San Antonio is finally ready to celebrate Fiesta. Although the 10 Day party is usually held in the spring this year, will start June 17th, president of the Fiesta Commission, Baltazar CERN, a tells news for he wants everyone to feel comfortable. I think the big thing here is that these air outdoor events on and because there are four door vents, it may not require the six for distant scene. Normally there around 115 events each year. This year, there will only be 50. Dozens of major corporations and business groups have come out against proposed voting laws in Texas, assigning an open letter opposing any legislation they say would limit ballot access. Nearly 50 companies, including Microsoft, American Airlines, HP, Patagonia and Unilever released a joint statement under the banner of a new group called Fair Elections. Texas condemning what they call general voting rights restrictions. In Texas. The letter comes a state Republicans pushed forward with two major bills that would cut early voting options. Allow partisan poll watchers to record video or take photos of people casting. Ballot and place more restrictions on people who provide assistance with voting. Proponents of the measure say they will make elections more secure, while critics say will hinder voting access, especially to people of color. One measure Senate Bill seven could be voted on by the Statehouse this week. CHARITY McCurdy NEWS RADIO 1200 W O AI president Bind is defending his call to raise the corporate tax rate to pay for the massive infrastructure plan he's put before Congress. What's gonna grow America more? The super wealthy, heavy paid 3.9% less text or having entire generation.
"eighties" Discussed on 850 WFTL
"Eighties nineties. This is Sonny, one of 79. Searching funny how it seems always in time, but never nine for dreams, Head over Hell's Tokyo toe. This is the same thing says with what your ticket to the world No, Come back day. Wanna find it hard to write the next line who I'll take them. No changes. No. Just two In my head on a feel on my tongue is open. I just speak. I listen to Mama man. This'll look must always separate from my head. The time of its own. Take Jesse side on the right The next line. Oh, No change is true. No. Cheers. Okay? I'm thinking, Do we? Oh, around But now I've come back again. What the next one No, I'm sure you know, Sonny, One is 79 with Frankie goes to Hollywood. Gets I didn't really want to go to the O when you want to go. When you want something to wear women's wear. You really want to go anywhere in the morning? I really want to know where you are. All right. Too, Right? Relax Really What you want When you want to. Wait, Wait, wait. Go. I really don't want to go. Years. It appears you like the greatest hits what the songs sound better than ever. Should I play them Now He's the greatest hits of the seventies eighties and nineties on Sonny 1079..
"eighties" Discussed on KQED Radio
"This is fresh Air 19 eighties San Francisco is having quite a moment. The January 11th issue of The New Yorker had a vivid essay by Rachel Kushner called the hard crowd. About female coming of age in that city in that decade is the title essay of Kushner's forthcoming collection. And now there's Vendela Vida's new novel, We Run The Tides, which Our book critic Maureen Corrigan says is extraordinary. Here's her review. Years, probably too young to make this kind of pronouncement, but the new novel I know I'm going to be re reading in the coming months and spending a lot of time thinking about is Vendela Vida's. We Run the Tides. It's a tough and exquisite sliver of a short novel whose world I want to remain lost in and at the same time and relieved to have outgrown. We run. The tides is set in the mid 19 eighties in the Seacliff neighborhood of San Francisco, which is perched as its name suggests on the very edge of the Pacific with views of the Golden Gate Bridge. In the next decade. That neighborhood will be out of reach for everyone but multi multi millionaires. But in the eighties, some weathered funky old houses remain. The 13 year old girls at the center of this story. A squad of four are like Seacliff perched on the very edge to the edge of sexual activity, for sure, but also the recognition that some things they do or say now are for keeps and will change who they become as adults. Our spectacular narrator and main character is named You'll be her family like Vendela Vida Zone is part Swedish. Ugh. Lapis voice is as distinctive as her name. She's the kind of adolescent who reads Milan Kundera in her down time, And yet she's also a goof. Here's a passage early in the novel Where you love Be soaring, self regard and dough Penis collide. We know the high school boy who lives next door to me. The boy often has a group of his high school friends over to watch football in his living room. From my garden. I can see when they're watching a game. There's a 3 ft gap between the edge of our property and his house. And sometimes I leap through his window and land on the floor of his living room. I am that daring. I am a daring enigma. I fantasize that one of them will invite me to the prom. And then one afternoon, one of the boys grabs the waistband of my guess jeans. I try to get away and I run in place like a cartoon character. The boys will laugh. I'm upset for days. I know that this gesture and their laughter mean that they think of me as a little girl and not as a perspective, prom date. After that their window is kept closed. You'll be speaks to us in present tense, which makes her voice coming to us from the dim reaches of 1984 more poignant because even as we're listening to her, we know that yearning girl doesn't exist anymore. She's grown up. You'll be his best friend and the Queen Bee of the Friend Quartet is named Maria Fabio Ola and in this novel about transformations of place and identity. Maria, Fabulous herself is in the midst of a rare change. She's maturing into a great beauty. Here's Ula be recalling a morning when, as usual, she and Maria Fabulous stop it! The house of another friend for the walk to school. Julia's mom opens the door and smiles at me and then it Maria Fabiola. I have an idea, she says, as Julia comes to the door Let's take a photo of you girls. She retrieves her camera and the three of us line up. Maria Fabiola is in the middle. Julia and I stared each other as the shutter closes. We both know Maria. Fabulous Recent transformation from ordinary toe otherworldly beauty inspires everyone toe want to capture it. You girls look great, Julius. Mom says not looking at me. One other thing about Maria Fabulous as her name suggests. She's a fabulous a teller of elaborate lies. But some of the lies she generates will rupture the friend group ostracized ng, you'll be Shortly afterwards, Maria Fabulous disappears the victim of an apparent kidnapping. There's so many moods and story currents running through this wonder of a novel whose striking title comes from the fact that you will be and Maria Fabiola know how to read the tides so that when the ocean starts to inhale, they can scramble over the rocky prom in Torrey that juts out between China Beach and Baker Beach in Sea Cliff. Anyone who doesn't time that scramble just right risks being sucked out into the Pacific. Female adolescence in this novel feels like being sucked out to sea. It's overwhelming, absurd and dangerous, and even the best adults can't help. You'll be in her friends have to figure out how to swim back to shore all on their own. Maureen Corrigan teaches literature Georgetown University She reviewed We run the tides by Vendela Vida. Tomorrow on fresh air. Our guests will be Pulitzer Prize winning environmental writer Elizabeth Colbert. She'll talk about efforts to reverse some of the harm humans have done to the natural world. I'm saving Carl reefs and endangered species to building machines that pull carbon dioxide out of the air to slow global warming. She's written a new book called Under a White sky. I Hope You'll Join us. Huh? Fresh air's executive producer is Danny Miller, Our technical director and engineer is Audrey Bentham. Our interviews and reviews are produced and edited by Amy Salit, Phyllis Myers, Sam Birger, Lauren Krenzel, Heidi Saman, Theresa Madden and rebuild a nado Theater Challender, Seth Kelly and Kayla Lattimore. Our associate producer of digital media is Molly CV Nest for Roberta Shaw Rock directs the show. I'm Terry Gross..
"eighties" Discussed on 850 WFTL
"The eighties and nineties from the anti jar and the bean accident. Attorney studios. Have you been injured in an accident? Call the law Offices of Vantage are Levin 1 807 47 free? That's 1 807 473733. You're listening to. W T F M West Palm BEACH, South Florida's sunny one of 79. Yes. That's why I live here. Look, what do you take me to help you? That's the way I like it. That's the way I like it when I get to wake up. That's no life. Get back! Get back. Tell you the other night, the greatest hits of the seventies eighties and nineties songs you grew up with, like this one. Look down below. You know some of the sound of speech she didn't guns ready to go. Are you ready? Are you ready for this? Are you hanging on? Here's your safety. Don't waste the bullets with the sound of the beast. Another one bites the dust. Another one bites the dust on another one Another one. Another one bites the dust, eh? Get another one bites the dust. I don't think you'll ever get.
"eighties" Discussed on 850 WFTL
"The seventies eighties and nineties. It's sunny when I was 79 and online. It's sunny when I was 79 dot com. Just let you walk away. Just let you leave without a trace when I stand here, taking every breath With You're the only one who really knew me along. You just walk away from me. When all I know is that you live around shit. She's young. Winning me any less just Mantis lays. Not just the way our babies would take me. Just not to space. Did you coming back to me? That's why I go. God just made you turn around so much I need to say to you Yeah, no one really knew me. So space there's nothing left just Make way for you is all I do. That's why I got a baby Daddy. Hmm. Taken Sonny. What was that? Tonight? The greatest hits of the seventies eighties and nineties songs you grew up with, like this one. Lie, Mr Di me my stuff, please. Yes. Oh, good. So was held together. Okay, Dad up. How do you buy? But to me open Where Love. House, so Oh, Team, too. The lads, will you come back? You that way. What's still open on.
"eighties" Discussed on 850 WFTL
"And 8 P.m.. Yeah. When Sonny wonders. 79 totally goes back to the eighties with the eighties at eight because nobody plays more music from the eighties Thin Sonny, one of 79. Somebody help me by me, okay? Wait, Wait, wait, wait. Sunday's my number. My days ago, somebody stole my way. You're my boy. What do you think? I am my mother's daughter. Get on the theory of the world Material burns. Cheerio World to see He made me That's a great hunter. Material material material material World Cheerio cereal. Material runs real funny when I was 79 played the greatest hits of the seventies, eighties and nineties. Jennifer Bill with you Happy 2021. Lot of people are coming back from. I don't know where up North, but 95 was crazy. Yesterday headed South has been busy..