35 Burst results for "Over Six Months"
Hear 75-Year-old Jeannie Rice's Inspiring Journey to Marathon Success
"To the show Jeannie. It's so nice to have you here. Well thank you for having me. Jeannie I read your story in runner's world so I really was excited to have you agreed to come on the show. So how did you get started in running? It's a long story but I'm gonna make it short. Like 41 years ago, it's going on 41 years already I've been running, I made a trip to my hometown Seoul, Korea and I came home a few extra pounds. I would say five six pounds because I was just traveling and visiting family and you know even every day it's like a feast right? So I am a short person I'm only 5 '1 and the five six pounds was a little I felt like I was a little chubby so I started jogging around the blocks and then I got hooked and I decided that I am pretty good at it running before you know it and I was in a five mile race in local race and then I did very well at the time I was 35 years old and I was a brand new runner I just starting to jog a couple three months and I came in fourth in my age division it was a big race actually so I thought oh if I train I guess I can run faster so that's how I got hooked so a year later I did math on 1984 1983 I start running 1984 I did my first marathon and six months later first marathon was 345 and then six months later I did 316 which qualified for Boston at the time I was only 36 years old so I did go to Boston 1985 that was my first marathon and I got hooked so I've been running since then and my children were already older a lot of people a lot of girls I would say when they start younger age we know they get married they get you know have a children's they take some time off between their pregnancy or whatever but I was already I had two boys already they were already older so I just never stopped as I've been running 41 years straight Wow and your time hasn't really changed now has it because I looked at some of your times yes you know it's interesting um a lot of people my competitor now and they used to be some of them I mean one you know particular lady and from London she was Olympian years ago she was her best time is like a 240 something but now she's running my pace 330 ish but I never was there faster so I haven't slow down much let's I'll put it that way my first marathon was a 345 and then I got better to 310 but I never went under three hour so now I slow down a little bit 1015 minutes 40 years later I'm still running 330 math that's so incredible
A Young Fire Spouse's Journey With Her Husband's Cancer Diagnosis
"A few episodes back we sat down with Diane Carter and she shared her story of her husband's line of duty, panther diagnosis, and her relentless pursuit of making turnouts safe and just exploring PFAS and all that fun stuff about exposure in the workplace. If you haven't listened to that podcast, we definitely recommend it. And today we actually have another first responder spouse, Brittany San Pedro with us to share her story about her husband's line of duty cancer diagnosis. Brittany, welcome. Thank you for having me. Brittany San Pedro is a speech therapist assistant, wife to a firefighter and a mom. She has been with her husband for 10 years and has an 18 month old and another one on the way. In late October of 2019, Brittany's husband at the age of 30 and 10 years into his career noticed a small lump on his collarbone. After several tests, he was diagnosed with stage two Hodgkin's lymphoma. He was the first line of duty cancer diagnosis in the history of Greeley fire department. Since then, many changes to screening and early detection have been made as a department. As a result, several malignant polyps, skin samples and ultrasound readings have potentially saved the lives of other firefighters within the department. Today, Brittany is sharing her story to help anyone who may feel alone or scared, especially after a health diagnosis. She also wants to encourage change and promote the importance of regular screenings and early detection. Okay. So tell us your story a little bit, the whole thing. We want to hear it. My husband came home one day and just kind of mentioned like, Hey, I got out of the shower at work and I just noticed I had a bump on my collarbone. And he's like, you know, I haven't had my yearly physical. I'm going to go in, have it checked out. And you know, none of us, we weren't really worried. And we were just kind of like, okay, he has a bump. We're going to go check it out. And his general practitioner ran blood work and then started him on antibiotics thinking it was just an infection. His body was fighting something and blood work came back fine. It didn't go down with the antibiotics. At that point, they did an X -ray. Everything looked fine. The blood work looks fine. And his general practitioner asked him what he did for a living. And you know, you fill out that survey, you tell him what you do. And he's like, you know what? We're going to, we're going to keep going. We're going to keep looking. If you're fine with that. You're a firefighter. It just makes me sit better if I, if I keep digging a little bit. And he kept going in for appointments. He then got an ultrasound done. After the ultrasound, he scheduled an appointment for a biopsy to have it looked at. And at this point we hadn't even heard the word cancer yet. I at the time was a special education teacher at a school across the street from the hospital where he was having the biopsy done. He texted me and let me know he was going in. He was super nervous. I let my co -teacher know, Hey, my husband doesn't usually have his feelings out like that. And lets me know that he's there. He's like, that's fine. Go. I ran across the street and he went back. Everything was fine. He came back out and then he just had this look on his face that I'll never forget his eyes started welling up with tears. And I guess the doctor who performed the doctor tech who performed the biopsy, you know, before his doctor had a chance to say anything told him, yeah, this is pretty typical for lymphoma. And both of us were just kind of like, what is happening? What's going on? We were hit by a bus. We didn't even know that this is something that they were looking for. And we called our closest friends, our little mini fire family. And we were like, Hey, we need support tonight. And in a minute, everybody was together at one of our friends house and everybody was just talking trash about the guy who stepped out of his scope of practice and said some things he maybe shouldn't have. And we were like, it's not going to happen. He's too young. He's healthy. There's no way. So a couple of days went by, we got a phone call saying that the doctor wanted us to come in, even though it was his day off and usually not a great sign. So we were a little nervous going in. And then when we sat down, he let us know that they, they did find it to be Hodgkin's lymphoma and that they needed to start figuring out what stage he was at coming up with a plan, trying to figure out everything. And we were both strong until they asked us, you know, are you guys, you guys are young. You guys just got married, just bought a house. Like you, are you guys wanting to start a family at some point? And I just started bawling because I already knew what was coming. And he said, I recommend that you reach out to a fertility specialist, if that's something that you would want to do. And you start reaching out to all your resources. And we did, after that, he started chemo in like less than a week. It was probably like four or five days. And he had chemo, he had it on Christmas. He had it, like he started in November, had it for about six months and then took a little bit of a break and then started radiation. And then after he went through radiation, his end date was March 14th, 2020. And then right after that, the next day the world shut down, but it was just, you know, for us, it was just amazing because he never, we never went to an appointment alone. It was just such a somber time. We were just had this dark cloud of stress and not knowing and anything. And at the same time when it was so dark, such a beautiful thing, because we had the department bringing rigs and down we packed that cancer center and, you know, we had some of his best friends, like his best man and another Lieutenant was there at every single one of his chemo appointments. And, you know, everybody kind of band together for him. It was kind of, it was a beautiful thing to see everybody supporting each other and making sure that he was never alone. You know, the Terry Farrell Fund reached out right away. You know, they did a cut it for cancer for him. It was just something that they hadn't ever experienced before at the, this department. And we were, we were just kind of overwhelmed with all the support that we had,
147: Peacemaking in Paris: The Treaty of Versailles - burst 2
"Today is a story of peacemaking, particularly 1919's of six -month Paris Peace Conference culminating in the Allied Powers Treaty with Germany, the Treaty of Versailles. And it has a lot of moving pieces. We'll start with the U .S. midterm elections of 1918, which could impact the Senate's future choice to ratify this treaty or not. From there, we'll join Woodrow Wilson, who's personally representing the U .S. at the conference, to push his 14 points, especially his League of Nations. But can the idealist American out -navigate Georges Clemenceau, who wants to punish Germany and dismantle its military capabilities? What about the smooth -operating Welsh wizard Britain's David Lloyd George? We'll find out as we hear what their conflicting values and goals yield amid talks of a League of Nations assigning quote -unquote mandates in the Middle East, Africa, and the Pacific as Georges and Woodrow's timbers flare over German and French territory. And of course, as we learn what this conference ultimately asks, sorry, demands, that the Germans sign in the Palace of Versailles Hall of
Mike Agugliaro Talks Jealousy, Envy, and the Dangerous Game of Comparison
"Got a privilege to have Mike Agigliaro here with us today, and Mike owns a few companies. He owns the Food All Group, and he also owns Business Forge, which he'll probably talk a little bit about both as we do our podcast today. But Mike, I know you've been in the business, you've been in the heating and air and plumbing business, and you've purchased a few, you've sold a few, so you've definitely been in the industry quite a while, which we'll talk about. But we were on Facebook the other day, several weeks ago, and something came up about a subject about jealousy and envy. And I mentioned something, and that's kind of how we started talking. But, you know, jealous and envy has been around since Adam and Eve. I mean, that's what happened in the garden. Cain and Abel were jealous of each other, the first two kids from Adam and Eve. And as business owners, it's really easy to get our eyes off what we do every day and start looking at other companies, which I advise not to. But what is your opinion on that? What does it do for the business owner, the company, and everything like that when we start doing that? Yeah, well, I used to tell people the most dangerous thing is Facebook because it created this comparison effect. And the comparison effect is when you think someone else has something that you should have. And I think it's, you know, if people don't know how to control it, what they do is they have this, they live within this fantasy of seeing people, right? You see people, it's back. If I do a post about something about, you know, life by design or compelling your life to go to the next level or connecting deep in your relationship, I get two or three. And I think people have this kind of fascination to what they don't have because they're stuck in this wanting to have this emotional, immediate gratification, right? It's probably like we all have a buddy bought a boat, real excited, tells everybody about the boat. He's buying the boat. He has the boat six months later. No one cares. No one even knows about the boat. No more. It sits, it's growing weeds. He don't clean it no more. And his wife can't wait to get it out of the, out of the backyard and scaling companies. If we go into it, you deal with this, you deal with this a lot with people looking at you and right away, they want to say, you know, if you're a big company, you must be a thief. That's what I dealt with all the time. Right. And it's, and I don't know why, I really don't understand that, but it's human nature a lot of times because when you're achieving and you're making things happen, I often say you're a moving target and you've, but the best way to keep from being shot is to keep moving upward. So, you know, what harm, what harm does jealousy and envy cause for the business owner? Yeah. Well, people become very, you know, first off they become this whole jealousy and, and goes into this world of judgmental, right. And, and, and cast, casting judgments on what they think is true versus not true. And, and when I scaled, I built a company called CEO Warrior. I built that company which was to help the plumbers, HVAC, electricians, pest control people. And I built it to show them a different way, a different way of thinking. I don't know about you, Greg, but like, if I can get people to just change their framing in their mind, I can easily teach them marketing sales and operations. Like that's just a, that's a basic functions of a company, but to get people to think different. So when I started working with, you know, smaller companies now they scaled so many of them scaled, I mean, 50, over 50 companies that I worked with before I exited the company, sold in the last 30 months and became, and 90 % of them became deck of millionaires. I used to tell people, tell me how you, how do you act when you're in the office? And what they do is they, they, and this goes to the point of jealousy. There's oh, so and so around the corner, they got 50 trucks. And the reason they do that is because they charge too much and they, they pressure sales people. And, but it wasn't true. I'm not saying it's not true for any company, but it wasn't true. They just needed to, what is it? They were casting these stones, right? And I said, well, what about this? What about if we shift our framing just a little bit? And instead of looking at them at their, their bad and they're doing things wrong, why don't we ask them what they're doing?
A highlight from Episode 129 - Gitcoin - Elevating public goods with decentralization, quadratic funding, and community coordination
"You know, there are so many neat things that people are trying already. You know, like, for example, we ran around for a community group in Oakland, who had funding from their local government, it was basically all community organizations. You know, so really cool to see that play itself out. Even before we went down this road, Milwaukee was already doing some experimentation with quadratic rounds for very sort of niche applications, like helping people in Denver, Colorado, whose restaurants were struggling during the pandemic. We did a support for Ukraine round that was kind of a targeted approach at funding for that particular use case. But, you know, I think then another neat thing that's happening, which you may not even have heard about yet, is we now actually have a direct grants platform, which means it doesn't use quadratic funding. It's basically a way to use Web3 rails and all the existing tools, but just run more of like a traditional grants program. But I think we might start seeing things like people using quadratic voting to make decisions about how to give out the money amongst a smaller group of people internally. And so you might not be harnessing the wisdom of the crowd, but you can still have that transparency, that accountability, you know, all that kind of nifty stuff that comes along with using these tools. And also anybody who's created a grant proposal on builder potentially can apply to an even bigger number of different types of opportunities. So, you know, so I think, you know, we really, you know, are so just lucky to have such an innovative, creative, thoughtful global community. You know, like, we just saw a round run in Latin America where like the majority of the grant proposals were in Spanish, you know, and like we frankly, don't even have the resources internally to like provide support and documents and web pages. They just did it themselves, you know, which is so cool to see. And I think we're going to just see more and more of that. Like there's a Chinese community round that's happening. I've heard there's an African continent round that people are talking about, you know, basically any issue or cause you can think of, you know, there's probably somebody out there thinking about how they could run a grants program to do something about it. You know, and if somebody out there is listening and has some nifty idea, even without a big matching pool, like, you know, just like even a small amount of money that you put into a matching pool, or even just creating the space for people to give to something that matters, like even without a matching pool, I think can just be a really powerful thing. You know, there's something about just kind of creating the container for the conversation to bring the people together. And, you know, the neat thing about these grants programs is like the grantees are the ones who do a lot of that organizing, who bring their community with them, you know, and often do actually do a better job of supporting and onboarding people and creating guides and documentation and all that kind of good stuff in a way that makes sense to their community. So, yeah, I think it's super exciting and I definitely think about it a lot. Yeah, no, totally. I can see the excitement just as you talk about it now. And I think that, you know, what you said around the grantees is spot on too. It's just really cool seeing like how they've all kind of stepped up and contributed to the Gitcoin community in different ways, whether it's creating these educational onboarding materials, setting up one -on -one calls with people to walk them through getting a wallet set up and a passport set up, you know, which is fantastic. It's been really, really powerful. And, you know, obviously we have another Gitcoin granting round coming up November 15th, I believe you said was when it was starting, which is really exciting Gitcoin grant round 19. 56 million plus in funds allocated, really incredible. It's really been a catalyst for thousands of early stage Web3 projects. For those listening that haven't yet participated in a Gitcoin grant round, but are interested in maybe becoming a grantee, they have a really cool public good project, but maybe they're a little nervous. What advice would you give them? Yeah, I love this question. So a lot really depends on sort of what your starting point is, you know, so maybe slightly different advice, depending on like, you know, if you've already got a DAO that you're a part of, you know, you've got friends in the Web3 space, you know, I could definitely give some very specific advice for those folks, you know, versus like somebody who's brand new to the space, doesn't have an existing community. I think there's a place for everybody in Gitcoin grants rounds. And a big part of what we try to do as Gitcoin is like level the playing field, make sure that everybody has an opportunity to get in front of an audience, you know, that grantees can be discovered based on the kind of the quality and interest of what they're building. But yeah, I'd say the universal stuff, you know, it's very much like any community organizing or marketing. Like, you know, think about the picture that you put up as your picture, think about how you summarize the information in your grant proposal, think about the title that you use, good to have the name of your organization, and something to do with your value proposition. So people, maybe they're just looking for you by your name, and they know who you are, and they can find you that way. Maybe they've never heard of your project, but they're interested in your value proposition. So trying to be succinct and having both those things, kind of without needing to click away and go read it, you know, also that like, there's a bit of information that shows up kind of above the fold, as they say, like, you know, kind of in that little preview window, if you have a good little TLDR, that's like, this is what we're trying to do, this is how we intend to do it, this is why we're doing it, whatever you think is important for people to understand, like, I'm trying to raise this money so I can do this, you know, the more that you can be super clear about, like, by next round, or by six months from now, I hope to have accomplished this, and you can follow along and and sort of follow that journey. I think that's really important. Also, if you've been a grantee for more than one round, I know we're talking about new grantees, but updating people is super important, too. They sort of haven't seen that you've done anything with the funding, people start wondering, you know, like, you know, what are you really doing with this money? Should I give again? But I would say for like, people who in particular, who might be nervous, who don't have a web3 community, I would say like, there's a lot of people who are super supportive and helpful in our community. Like, so starting by coming to like our Twitter spaces, the Gitcoin hosts, which you can follow along at the Gitcoin Twitter account, and we're always announcing when the next ones will be. Also, you can usually find there's like a grantee support page, where we have like an event listing, which you can find linked to right off of the main Gitcoin website, gitcoin .co. So I mean, just follow along there, you know, and that can give you a sense of like, just if you just show up, you know, I can tell you that we are super friendly and supportive, you know, and you can just like come and talk about what you're working on, or even just listen for a while and see how other people are doing it and get comfortable, I think people will get a sense that it's a very welcoming and friendly space. You know, but also, like, there's a million, maybe not million, there's definitely tons of these Twitter spaces being hosted by people. If you're not already active on Twitter, I hear you, there's a lot going on in the world. And Twitter is not always my favorite place either these days. But, you know, it happens to be where a lot of the crypto community is, you know, definitely wherever your community is, like, try to bring them on board. But it's a lot easier to get donations from people who are already familiar with crypto, who are already familiar with Gitcoin than it is to like, you know, take somebody from never even having a wallet to like setting up their first wallet funding it, you know, connecting to passport going through all those stages. Definitely great guides out there. You know, I think it's a great idea to like host onboarding sessions or like office hours to help people in your community might want to support you. But definitely the lowest hanging fruit is the existing Gitcoin community that's quite active round after round. And you can find those people on our Twitter spaces, you can find those people, you know, in various discords, but also on the Twitter spaces that other people are hosting. And, you know, and I'd say one other thing I would throw out there is Telegram. All these tools that, you know, if you're from outside the web through space might be a little bit daunting. But you know, if you just join the Gitcoin Telegram group, there's so many people providing peer support, helping each other answering questions. Like if you just jump into that thread, which again, you can find it directly through our homepage, you know, you can from there, like find people who might want to help you with what you're building, or might have a similar project and want to collaborate with you, you know, or, you know, want to attend your Twitter space if you host one and invite other people. So yeah, I would say just like, focus on the people more than the technology. And like, figure out where the low hanging fruit is of like, where those people are that, you know, might be interested in working with you and supporting you. And don't hesitate to reach out and like DM people and, you know, and ask questions. You know, like, I'm always happy to chat if I can find the time. You know, definitely lots of people who are doing their project for the first time reach out. And like, you know, even share what you're thinking about posting in your grant proposal with others like, you know, there's no wrong time to do that. Even if you're listening to this right in the middle of an active grants round, and you missed the opportunity to apply, it's not too late to get involved to start listening to those Twitter spaces to join the Telegram. You can even post your grant proposal and then just apply three months from now in the next round. You know, so can't hurt to like, just moving start things forward, start onboarding your community, start playing with the tools yourself. Really helps to actually go and donate yourself to if you haven't before, because having done it yourself, you can then help other people do it more easily. Yeah, definitely. That's great advice. And you know, I think me personally, I only participated in two rounds, but was really kind of involved more as a community member and like just kind of listening in and being a part of the community before then, right. And it was a great way for me to learn and to kind of get my feet wet a little bit and to see what's going on before diving in headfirst. So great advice. Thank you so much for sharing that. As we near the end of our conversation, there's one thing I want to ask you about. I know that web3 can obviously be very stressful, fast paced, especially, you know, during Gitcoin grant season two, it can be feel like a bit of a sprint, especially for I imagine, the team that's working on the back end. You're also big, I know that you're a big advocate for getting outside for nature for laughter is the best medicine. I know you like to post some videos of you juggling, you know, by the lake is kind of a way to disconnect. Tell me more about how you stay grounded in this busy world of web3. Because I know that there's something that a lot of people struggle with. It's hard, man, honestly. And I can tell you, like, having spent much of my life working on, like, what feels like really life and death issues a lot of the time, like, this is definitely something I've struggled with for a lot of my life. I've definitely gone through cycles of burnout and like, you know, all that, you know, I would say just like, trying to not take everything too seriously, trying to take a step back and see everything in perspective, you know, surrounding yourself with like, friends and family that like, know you and love you and support you. You know, like, getting outside every day really makes a big difference to me. You know, my dogs are a big part of my life. You know, and they're, they're really a gift, because like, they demand that I take them outside. So even if I'm not feeling like going for a walk, they always do. And, you know, I feel like, basically, like, I having like a stressometer, you know, like, if you can sort of like monitor how you're doing, and when you get past like a certain threshold, like, just knowing that it's always okay to just like step away for a bit, you know, even just like, you know, just putting everything on pause and taking three deep breaths can go a really long way. But you know, like, I definitely feel like you really genuinely recharge your batteries by like going to a park or, you know, like the whole touch grass drink water thing like you have to take care of yourself to be able to like, you know, take care of business. You know, so like drinking lots of water or like, I mean, it sounds like, you know, sort of trite or soundbites or whatever, but I think it's really true. You know, and the older I've gotten, like the more just I haven't been able to just continue to like push indefinitely, you know, like that it used to be that I would just burn the candle at both ends and like, you know, it's like, I don't really need to go to bed at a reasonable time. I'll just stay up all night every day working and, you know, operate on zero sleep and not eat enough food and, you know, go for drinks at lunch and you know, like it just like all of that catches up with you after a while for sure. Totally. So I mean, like, as much as everything feels really urgent, like I think if you think back on what felt urgent, like six months ago, three months ago, month ago, even a week ago, sometimes, like a lot of the times things seem a lot more urgent and a lot more stressful in the moment that they really are. You know, so like just trying to have that perspective. And like, yeah, just, you know, take the time that you need to like pace yourself. That's, that's, you know, it's a marathon, not a sprint, that whole thing definitely can feel like a sprint. But, you know, even during the grants round, it honestly, it is a marathon. Like, you know, it's a, it's a couple of weeks with like, at least a week or two on either end of like, preparing and unwinding. And, you know, especially for our team, like, you know, I worry, even when I see like myself or other team members, like pushing a little too hard. And definitely, we see that with grantees too. But yeah, I mean, maybe just get off Twitter. I mean that, you know, the algorithms have a way of like, sort of sucking us back in, keeping us engaged. So, you know, like, you know, spend some time, more time on Farcaster or Lenster. You know, like, there's a lot of good vibes out there too, if you're in the web3 space. And honestly, I think there's a lot of alpha to be had in those social media networks too, that like, because it's a much smaller community, you can really focus on like talking to people who are working on similar things without a lot of the drama and chaos. And, you know, so like, even just making some little adjustments to how you're sort of spending your social media time, I find that pretty helpful for me. I actually hang out on Mastodon a lot recently, because it's an old school decentralized platform with all kinds of interesting people, and definitely different perspectives that I'm not hearing all the time in crypto Twitter. So yeah, I don't know. Everybody's got different things that are going to work different for them. You know, if you were having this conversation with one of my coworkers, you'd say meditation, you know, spend an hour at least every day meditating. You know, another coworker of mine would say, go dancing every night. You know, like, so I mean, you know, just like, I guess, like, figure out what it is that like, brings you joy outside of the space and like, force yourself to do a little bit more of it. And I think the end result is like, you'll actually find that your project is more successful, you're showing up with just like better vibes in general, and, and that resonates out and draws more people in and, you know, so, you know, there's even self -interested reasons beyond just like your health that I think, you know, people will notice if you if you make that little extra bit of effort not to burn yourself out. And if you are burning out, like, take some time away, like it, you know, might feel impossible. Like I definitely can relate to that. It feels like every time I take a week off at Gitcoin, I come back, it's a different organization that I left. But, you know, if you're in the right place with the right people, you need to trust that, you know, things are going to be okay. And, you know, if you're not feeling that way, like, maybe that's an indication that you should be thinking about if you are in the right place. And, you know, maybe there's a lot of different orgs, a lot of different, you know, things that you can get involved in, like, don't feel so trapped in the moment, especially for a lot of the younger people in this space, like, you know, don't have a mortgage or kids that they have to take care of, like, you can take those risks, you can make big changes, you can step away if you need to and experiment, explore other things, like, you know, give yourself that permission when the consequences are not nearly as severe as, you know, it will be like when you're, you know, in your 40s or 50s or whatever. Totally. Yeah. Yeah. That is some great advice. Well, thank you for sharing that, all that. And I can definitely resonate with a lot of that, especially the dog part. I have a very hyperactive black lab who I need to get outside at least for three or four walks a day. So it's been, oh, and there's my cat poking its head in the door right now, just on cue as we talk about pets. That's hilarious. So yeah, great advice. Thank you so much for sharing and so important in this, you know, rapidly growing, fast moving space. So it's been a pleasure just learning from you and hearing everything you've had to say. I've learned so much just from this short conversation. Obviously, we weren't able to cover everything. So for those listening along that want to follow you get in touch, learn more about Gitcoins work, what's the best way for them to do that? I am at Ben West on Twitter, because I was lucky enough to have a friend who registered my account for me in 2008. And I'm the same pretty much everywhere. I think Benjamin West on Telegram. I actually, if you go to my Twitter, I have like one of those link tree type things that you can click on it, I'll show you like a bunch of different places to reach me. But Twitter, Twitter definitely works. And probably most people listening to this are active on Twitter. So yeah, come find me there. That's probably the easiest one. Drew, thank you so much for doing what you're doing. By the way, I think you have crypto altruism is great. And the people the interview are super fascinating. And, you know, so so I'm, it's an honor to be part of your podcast. And thanks for doing what you're doing. Yeah, well, thank you. That means a lot. It really does coming from coming from you to hear that I really appreciate that. So thank you. And thank you for sharing all that information. I'll make sure to include that in the show notes for those listening along. And to wrap things up on this amazing conversation, I'm definitely going to have to take some time to reflect, you know, after after this conversation, because so many really cool things we've talked about. I like to ask everyone the same ending question. If you could name one thing that excites you most about the social impact potential of web three, what would it be and why? Hmm. And that's a tough one, because there's so many things that excite me about it. Truth be told, if I could pick one thing that excites me the most, but the thing that excites me the most is the opportunity for communities to empower themselves and accomplish their goals. Like I, you know, when I see projects come into reality that, you know, may not have otherwise that, like, are possible, because of, you know, whether it's Gitcoin grants, or just web three tools in general, you know, that excites me, there's, there's a lot of specific use cases that really are close to my heart. But like, I think the thing that's underneath all of it, you know, is that sort of cultural shift that, you know, that we talked about earlier, like that, you know, idea that decentralization really matters that, you know, individuals should not just be treated like cogs in a machine. You know, and I think for so many of us, we live in these worlds where like, our work day to day is not fulfilling. And, you know, we feel like we're not treated with respect. And to me, that just really sucks that that's fundamentally where we're at in our world. Like, you know, we've kind of democratized so much of our world. Yet, like, our work is this one place that is fundamentally undemocratic, fundamentally exploitative, often, and extractive. And, you know, and like, I think there's a way to change that, that's outside of these kind of old, like, left right socialism, capitalism paradigms. And like, to me, that's really exciting, because I feel like we've been trapped in this kind of debate that doesn't really go anywhere for a really long time. And like, there's a lot more nuance to be had in terms of like, how markets can be used by communities in positive ways, and how people can empower themselves, you know, by using some nifty tools and kind of working together. And, you know, really, just by all of us believing in this thing that we're doing all kinds of amazing stuff as possible. So yeah, I think that's really at the core of what excites me the most. Yeah, that's such a good one. And I couldn't agree more. I think that, you know, Web3 is such an interesting kind of confluence of so many different people and ideas and, you know, philosophies that it's really cool to just kind of be able to build and without kind of having to go through those same debates over and over again. So that's a great point to end on. Couldn't agree more. Ben, it's been an absolute pleasure. Thank you so much. Really enjoyed this conversation. And thank you for all you're doing to uplift public goods, Gitcoin and yeah, and to inspire so many early stage projects and builders. So thank you work you're doing. It's been an inspiration to me personally, and I know for many others as well. So thanks for being here today. My pleasure. Honestly, it's an honor and a privilege. And hello to your cat there who's joining us for the tail end. Yes, he always likes to make an appearance. Thanks, Ben. A huge thank you to Ben for coming on the crypto altruism podcast. Whenever someone asks me why I love the Web3 community so much, I typically point to Gitcoin grant season. It's a true testament to the power of decentralization and leveraging the wisdom of the crowd to fund what matters. Gitcoin is an incredible catalyst for public goods in Web3. And if you are listening to this between November 15, and November 29, then GG19 is live and you have an opportunity to participate by sending a VONATION to your favorite projects. So make sure to check out the show notes so you can follow along and get involved. And that brings us to the end of today's episode. Thanks so much for joining on the crypto altruism podcast. I had a great time and I hope you did as well. For more great content exploring the intersections of Web3 and social impact, check us out at crypto altruism .org. Also, if you love what you heard, I truly appreciate it if you rate, review, and subscribe to the show. You can also support the show by buying us a coffee or making a small crypto contribution. Crypto altruism runs on the support of community members like yourself and everything helps. Thanks so much for joining us and I hope you'll join us again for our next episode. Until then, let's keep showing the world the good of crypto. Thank you for listening to the crypto altruism podcast. Be sure to subscribe so you can stay up to date on new episodes as they're released and check out crypto altruism .org for more inspiring content.
A highlight from LST9 The Passion of St. Therese The Letters of St. Therese of Lisieux with Fr. Timothy Gallagher Discerning Hearts Podcast
"The asserting hearts .com in cooperation with the oblates of the Virgin Mary presents the letters of St. Therese of the suit with Father Timothy Gallagher Father Gallagher is a member of the oblates of the Virgin Mary a religious community dedicated to retreats and spiritual direction according to the spiritual exercises of St. Ignatius of Loyola He is featured on several series found on the eternal word television network He is also author of numerous books on the spiritual teachings of St. Ignatius of Loyola and the venerable Bruno Lanteri founder of the oblates of the Virgin Mary as well as other works focused on aspects of the spiritual life The letters of St. Therese of the suit with Father Timothy Gallagher, I'm your host Chris McGregor So this is May 9th of her final year she dies September 30th The symptoms are not yet at their worst. It's tuberculosis. It was tuberculosis that would take her life We've mentioned earlier from a very early age Therese, she had bronchitis every winter and she had whooping cough very often For several years the sisters had already noticed that her voice would get hoarse in the morning and in the evening Her cousin Marie who was the daughter of the pharmacist and whose letters are very helpful because she has a bit of the Doctor's eye and she describes more clearly than any of the others the symptoms Therese is undergoing as she's writing to family members and others They were worried. They could see that something was not right and a year earlier on Holy Thursday and Good Friday. She has that coughing up of blood Which almost incredibly was not taken as seriously as it should have been Now Therese herself to be fair in all of this Therese herself is in part if we can say this of a saint to blame because She minimized the symptoms she hid them as long as she could in fact when she had that bleeding She never said anything to her sister Pauline who only found out much later because she didn't want them worrying about herself and She struggled to keep up with the discipline and the the daily or Arrium and so forth of the monastery Carry out her tasks even at times just even to walk up the steps. She would almost have to stop at each step She would go through the day with fever and chills all of this has been going on but The symptoms will get to their worst in August where she has a month of excruciating pain But the tuberculosis is progressive and what it's doing is it's eating up the lungs and it's progressively getting harder and harder for her to breathe So a book by this Bishop whom I mentioned as perhaps the primary scholar of Therese He's not a dry academic he loves her and he writes well about her and with great knowledge This book is entitled the passion of Therese of this year, and it's by Bishop Guy Gaucher G -a -u -c -h -e -r And in one chapter in this book, he describes the symptoms that Therese undergoes with the tuberculosis So he entitles this section here from Therese words. I didn't expect to suffer like this. Oh Some of the remedies that were done and Therese bore them She knew they were going to be useless She's like her mother in this. Zelie never had much faith in the remedies The doctors would offer. Of course medicine was not at its present level at that time I'll only mention one of them which is just kind of hard for us to imagine It was called pointe de feu points of fire and what would happen was they thought to increase circulation to help the body a Needle would be heated to where it was red -hot and it would be applied to the skin of the person and Therese had this done several times up to 500 applications of these needles like this Now you can imagine the condition in which she would return to her her room or her infirmary the infirmary She bore all of these things, you know gives a whole new meaning to her expression about thousand little pinpricks. Oh My goodness, is that a possibility of something that I mean in that experience, I mean it gives it a whole new dimension, doesn't it? Well, it's really hard for us to imagine You know the kinds of things that end and diet foods that were just very difficult for her to eat and so forth You know it was and some other things I won't get into all the details But part of her martyrdom is really the only word for it Was the medical attention such as it was that she was given because she was also left without medical help At times when she desperately needed it and also morphine was available to sedate pain But the superior never allowed it now to be fair to the superior when she later herself She died of cancer a very painful death. She would not use it herself It was just considered something that nuns would not use, you know So it was not as though she was simply being cruel to Torres and although in effect it meant that Torres bore excruciating pain with no mitigation at all in these last months of her life But it was not necessarily out of bad will There were also other things involved There was a doctor who was the regular doctor for the Carmel and who was a friend of the superior and good man One of his sons was a priest But when he was away at times a family doctor that this actually was the husband that her cousin Jean married Could have come and helped but the superior just really didn't didn't want that So especially during that month of August when she went through the worst of her pain She had no medical attention during that time. Can I ask you this? I mean What would those sisters going through her blood sister is going through watching this? With this superior that didn't seem to be responsive. I It was terrible. In fact Surreptitiously on a few occasions they mixed a little morphine into drinks and things they did the best they could To try to help her in that situation. This was Torres of the child Jesus and of the holy face very much It's her passion. That's the title of this book that we're quoting So I'm just going to list the symptoms now these symptoms as I'm as I'm saying We're not yet at this stage in May when the letter that we're reading was written But they indicate throughout this time to res continued to respond to letters there was a seminarian Maurice Belair and The very nice book has been written on this by Bishop Patrick Ahern. That's Maurice resin Maurice the story of a love a seminarian who was really struggling Wrote to the Carmel asked if a sister could pray for him the prioress asked her as to do this So in this last year and a half or so of her life You have this handful of letters that he writes And then her response. It's always the same he respites rights discouraged by his failures He writes back to encourage him. God is calling you to be a saint. I know it you can do it But especially for this I'll just quote this one instance because his need was so great in the midst of these kinds of pains And with a trembling hand with the pencil Torres would write sometimes even lengthy responses to these people So that's when you read them on a page. It looks like they're nice Sedate letters that that was not the case All right to describe the symptoms of the tuberculosis So the bishop says fever and profuse sweating for six months So that does include this may that we're looking at Torres suffered from a fever which fluctuated Sometimes her back was burning like fire Sometimes she was perspiring so much. She became dehydrated Digestive troubles Torres suffered frequently from nausea often losing her meals even before she became bedridden The doctor prescribed milk for her. She had never liked it. She could not digest it She continued to take it forced it down knowing what would happen Respiratory troubles as the tuberculosis spread through the lungs Torres suffered pains first in her right shoulder and arms then in her left side the continual cough emaciation Strikingly when you look at the photos of Torres and this is typical from what I've read about this her face looks unchanged Her face looks healthy and all the photos that you see and in fact This was one reason why many of the sisters didn't really believe she was very ill to look at her She seemed fine So she didn't get a lot of sympathy from many in the Carmel as as she went through this But underneath the habit she was becoming a skeleton Normally the face of a person suffering from tuberculosis takes on certain characteristics, but Torres face remained almost the same Her voluminous Carmelite habit hid her thin thinness and her face was full Only her thin hands betrayed her That's all you could see through the habit and gave the lie to the healthy look and the emaciation itself caused various afflictions weakness powerlessness and distress People suffering from tuberculosis like this obviously would have deep emotional discouragement and depression and pain They did the prodigious remedies customary at the time but ridiculous today do anything to alleviate all this suffering Basically the answer to that is no that they really didn't do much Right, that's and of course add to this that Torres is in the heart of the spiritual darkness at this point Which is centered on? This sense powerful in her that heaven is not real that when we die everything is over and She is making more acts of faith as she'll say than ever in her life at this point She writes these lovely poems about eternal life the sisters comment on it and she says I am writing about what I wish to believe So she is this is a martyrdom, you know This is a passion that Torres is going through and that's the context of this letter that she's writing So this is the second Person this case already ordained a priest that she was asked to accompany spiritually and it was a father Adolph Rulong Who was destined for the missions in China where he actually spent 13 years? He stopped by the Carmel at one point can't say that he and Torres actually saw each other because the grill was in between Although they tried to work it so that Torres was the last one.
A highlight from The Best Altcoins To Buy This Week! (Act Fast)
"This may not be the optimal market to start DCAing into coins for long -term holds, but right now is the optimal time for trading with a lot of amazing trade setups presenting themselves every single week. So in today's video, I'm going to run through the 14, yes, 14 trade setups, all of which are long setups this week, because you know what happens when you try to fight the trend, you get wrecked. This is a market where as long as the uptrend lasts, is your friend until the end of the trend. And that means we long more than we short. So today I have 14 long setups I want to discuss with you. Most of the setups are a little bit shorter term, like mostly focused on this week, but a couple are a little bit longer term, I would say like in the three to four month range. Not focusing on super long term trades here, but still definitely going to have some alpha for you in today's video as to what altcoins I think could be part of a rotation. As we're seeing right now, basically narratives hop from narrative to narrative as traders seem to be rotating profits into different sectors. And we're going to discuss where I think that rotation could take us. 14 very different altcoins in today's show. We're going to cover a couple narratives like gaming, like ZK, and hopefully you enjoy. Smash the like button if you are enjoying the content at the moment. Let's just start with Bitcoin. An interesting observation to make on Bitcoin is that the last time it had four consecutive weekly candles in a row to the upside, as you can see, like we have currently gotten, it actually did this in early January and ended up reversing for two weeks before continuing an uptrend. So I mean, just because it happened once doesn't mean we're necessarily going to get like a sustained pullback now. But I think what needs to happen and what the market is already starting to show us with weekly open here is that Bitcoin needs a little bit of a cooldown. Now a cooldown is not bad for altcoins. A cooldown, if Bitcoin just moves sideways, maybe a little bit down is actually good for altcoins because it gives the alt some breathing room. It takes the wind out of Bitcoin sales a little bit and gives the alt some room to run. So what I want to see longer term is definitely a sustained increase in Bitcoin dominance that shows liquidity is flowing into Bitcoin. And then eventually I want to see that siphon off into the alts. So I actually want to see dominance pushing up to 60 % for a really healthy market. So altcoins can have a sustained run. But for now, if Bitcoin just cools and alts run a little bit, that's okay for now. Another interesting thing to note is that Bloomberg analysts still expect a 90 % chance of a Bitcoin spot ETF approval by the 10th of January. At the moment, the SEC has another five days to approve an ETF. If they don't approve it, then they're going to have to delay until January. So we could see an approval this week. I don't think this will be the case, but it is a possibility given the fact this week we are in an approval window. So definitely look for some volatility on Bitcoin. All right, let's get into the official list of altcoins that I'm looking at my weekly watch list. By the way, this is a show that I've been doing pretty much every week, but obviously now there's extra attention on the show because we're finally getting some market movers. If you looked at my watch list last week, basically I think six out of the seven tokens that I listed all ended up in profits. We had some amazing trades from that watch list. So congratulations to everyone that got involved there. Hopefully from this week's watch list, similarly, we have some good trades that come out of this one as well. The first place I want to start is ThorChain. What you need to understand about ThorChain is that it's the ultimate bull market token. Because of its reflexive mechanism, the more capital that goes into Roon, basically the better the yields end up being because they need to incentivize LPs to stake tokens in the pools to balance out the Roon LP because Roon is pumped in price, right? So when you have a higher APR, a lot of people ape into Roon, increasing the TVL. We can see the TVL is skyrocketing at the moment, as you can see here. And what that means is that Roon has this really explosive effect, this compounding effect, this flywheel when the market starts to deposit into Roon. So Roon is actually pretty much the ultimate bull market token. In a bear market, it's the opposite. It's one of the worst tokens because it gets hit really hard the other way. When the Roon price is going down, the yields tank. A lot of people exit the ecosystem because remember, to facilitate omni -chain swaps, what Roon does is it basically has LPs where you're required to hold an asset one to one with Roon. So if you want to swap from, let's say, Ethereum to Bitcoin, you're going to need in the omni -pool your Roon pairing with Ethereum and Bitcoin in order to facilitate that swap. So that's why in a bull market it does really well and in a bear market it does really bad. Because we're in a bull trend at the moment, Roon is clearly performing really well. It's one of the strongest performers in the market at the moment. And for that reason, if we do see a pullback like we're seeing right now, this is one that I'll look to ladder into on continuation. As I mentioned at the start of the video, this is really a traders market and it's a market where you probably want to be longing more than you are shorting. And when we're longing more than we're shorting, we want to look at the strongest coins. There are a few rotational players that I want to talk about but you generally want to look at the strongest coins and on any major pullbacks you can use them as dip buying opportunities, not for spot but for trades only. So depending on your risk tolerance, you can use different amounts of leverage. Some people, if you have more capital, you'll prefer spot trading. For me, I actually do a fair bit of spot trading so I might go in with a bigger position or a low leverage position because I don't want to get wicked out like we saw on the 10th of November. But here are some levels that you can look at to enter Roon on the pullback. The major level I'm looking at is this cross section here between the horizontal and the upwards diagonal trend which comes at around $4. If Roon somehow makes its way back down there, I don't think it will. This would be an amazing zone to do some buying. If not, then you do have this zone right here at the 4 .7 area that could be an interesting look as a small ladder in zone. You could probably ladder in here and then your last gasp is at $3 .60. If it starts breaking this trend, then that looks really bad that it's just going to reverse all the way back down. I don't think that's going to happen though. I think momentum for Roon has been upwards and as such, we should treat it with respect and it's certainly what I'm looking to have a nibble at if we continue to get any sort of sustained pullback in terms of trading, of course, not long -term. Long -term positions will be on more key high time frame supports. If you want to learn a bit more about that, I actually uploaded a video called If You Miss The Crypto Rally Follows This Exact Roadmap, which talks about long -term investing. So today is the short -term show. Yesterday, if you go onto the channel and go onto my playlist, and there's also a playlist linked in the description, that will give you a roadmap for the spot side of things. In terms of buying spot Roon, you want to be doing so on key support levels on the higher time frames because we don't like to buy long -term positions on the shorter time frames. It just doesn't make or the lower time frames. It just doesn't make any sense, right? 4 swaps an interesting play now starting to wake up as well being the main decks on Roon. This is definitely a 4 beta play or a Roon beta play rather. So 4 is definitely what I'm looking at in a similar gist to what I'm doing with Roon. Any major pullbacks probably going to gobble them up from a trading point of view. And you can also see they closed with an all -time high trading volume right now. A lot of people are actually using Roon to swap, which is an amazing thing and great for the ecosystem. So that's Roon. Now I want to talk about Solana because Solana is in a similar position to Roon in the sense that being one of the most explosive price movers. But it's kind of an interesting spot, right? Because it's come all the way up from what $15 to $53 in price. It actually hit $60 for a brief period of time. Spot holders don't know if they should take profits here. Traders don't know if they should be longing here. It's kind of in a weird position. But if we look at Sol, we can see that it broke above the key weekly resistance at the $48 level. So for me, a pullback into this zone similar to a buying opportunity, because I think what tends to happen with these coins is the most explosive move happens last. We haven't, I don't think seen that blow off top yet. And I may be wrong, this $65 zone could have been this blow off top. But I still have a feeling that we get that final thrust from Solana that just squeezes all those shorts that are now starting to pile up a little bit. And that will be your final blow off top for Solana. So because I think there's a tiny bit of juice left in the lemon here, I would be looking at any major pullback similarly to Rune continuing to ladder in until the trend reverses. Happy to kind of lose a bit of money trying to play this game considering that the upside is fairly immense in my opinion, if you can hit that trade. So Solana is one that I'd be interested in longing on a major pullback. You know the key level on the weekly. Obviously, you want to confirm that with lower timeframe trade setups because you have a fantastic level to look at. And on let's say the one hourly, the four hourly, that's when you'd actually be entering. Okay, let's move on to a new subset of tokens. These are the tokens that haven't moved. I know Rune and Solana have moved aggressively and we are playing the by the dip game, I guess on those ones. But some of the coins I want to talk about now actually haven't really moved. Now they have moved because the whole market's moved, but just not as much like Polygon hasn't done a 5x like Solana has or you know, 6x, 7x like Rune has. It is significantly up of course, but there is a really interesting narrative starting to brew here and that's the ZK narrative. So if you actually remember back to earlier in the year, January, February, some of the strongest performers alongside like AI and LSDs were the ZK coins. There was a lot of ZK hype and Matic being your biggest coin in this ZK basket of coins tends to be a market leader and it also happens to have this big announcement happening on November 14th which is garnering a leader of the ZK sector if ZK starts to wake up. Because right now we're in this rotational market, we saw Solana rotate into Avalanche, we saw that rotate into Phantom, we saw gaming pop off, we're seeing all these narratives pop off, AI popped off last week. I think next, a narrative that hasn't really popped off, but one that did in January is ZK. So Matic's definitely one of them. In terms of trading this, you do have your major support at 76, but what I would be more interested in is a break of the 92 cent level on the four hourly. Any confirmation above this level would be a decent entry in my opinion and you can see this level mapped out on the daily chart as your key resistance that we're currently trying to test at the moment. If we break that level, then suddenly we can look at a scenario that happened earlier in the year in February, as I said during that ZK run, where Matic ran all the way to 150. A 150 Matic in this run is not out of the question at all. In fact, I think it could happen if ZK gains steam. So that's what I'm keeping my eye on. Now let's talk about some of the other ZK protocols, but before we get into that, while we're speaking on the topic of Polygon, if you do want to earn any yield on the Polygon side, you can go to the farming page on SmartX, which is one of our official show partners. It's an AMM, which reduces the negative effects of impermanent loss and sometimes leads to impermanent gain that currently offers some of the most competitive, in fact, the best rates on the Polygon side for yield farming. So you can see in front of you, you've got 30 to 40 % APRs on a variety of pools, which as I said, have a mechanism which reduces impermanent loss, which is obviously one of the biggest headaches when it comes to Lping in crypto. So I highly recommend using the link in the description below to check out SmartX if you are interested in farming, or you can also do swapping on SmartX and get some of the best swap in the market as well. Link in the description below to check out SmartX. I've got some big announcements coming soon that I'm excited to share with you as well, so stay tuned for that. So let's talk about some of the other ZK protocols. So if Matic starts to make a run here, what will I long? Well, I'm going to long the leaders. I'm not going to try and pick the laggards in this sector. I want to pick the strongest coins in this sector. If we look back to the last run, as I mentioned at the start of the year, some of the best performers were Mina Protocol, Loop Ring, Nute and Dusk. So these are the ones I'm looking at because the market's really familiar with them. I think there's a bit of synergy here with that narrative in these coins. So those are some of the ones I'm looking at. But whatever leads in this sector after Polygon, those will be the ones that I'm interested in. And you can see Polygon and Immutable, the two biggest ZK protocols have run, but a lot of the others haven't run yet. So I think it's a narrative that's flying slightly under the radar, but I think it'll catch up quick once it starts to gain steam. So as a rotational play, this is definitely one that I'm interested in this week. Another one I'm interested in, which is already starting to pump, but probably has a little more upside left in it, is Sei Network. Now we know how explosive these career pumps have been in recent times. Pretty much every token that's been listed on Korean exchange a bit has exploded. We saw this earlier in the year with Sui and Aptos. We've recently seen it with Mina Protocol. Now we're on its pair on Upbit. So Sei is definitely one that I'm watching. It's catching a strong career pump. It has moved, but Sei is what I would call a new coin, right? It's a coin that has launched in the bear market. It's newer. It has pumpermentals because there's less underwater bag holders, and it still is down from its original trading price on its first day. Not from IDO price, but from the peak that it hit on its first day because it had a huge pump, ended up coming back down. It did hit its low of, what is it, like 0 .09 here. It's now started to move back up to 0 .15, but that's less than a 2X on a coin that has, as I said, pumpermentals. It's obviously a trading blockchain built in the Cosmos ecosystem. So some interesting stuff with Sei. If you do want an entry here, I mean, you could look to get an initial position, but if you're using leverage, you want to be careful. I mean, this is kind of not really a great place to trade. Obviously on one hourly, you might be able to find, it depends how, like if you're trading breakouts, you could probably look for like a breakout of this trend here. By the time you're watching this video, it might be too late. So the best I can do for you is actually looking on the four hourly and showing you these key support levels. The 0 .1344 level, if we do get some sort of confluence with the horizontal and diagonal trend here, this would be a great pocket to buy in. But any zone along this major support zone will be an area that I load up, but it does depend on your trading strategy. If you are a high leverage trader, you want to be a lot more precise. Me, I'll either go in this with spot or super low leverage. So I'm not so concerned about getting the exact entry. I'm just trying to really catch it for the uptrend. So depends how you trade, of course, if you're trying to snipe that entry, got to be a lot more careful. For me, a much lower leverage than your average person because I found that's what works for me because I don't have time just personally to sit in front of my computer all day and snipe entries. That's not me. I much more size. So let's say instead of taking a 2k position, I'll take let's say a 10k or a 15k spot position. And then I can't get wrecked on margin, which has been helping me a lot. Or I'll just go in with like a 3x leverage position. So it would take a lot to shake me out of a trade. So that is one I'm looking at. Similarly to say another coin that has pumpamentals and has shown this in recent times as another new coin is Celestia. Remember guys, the new coins can pump so much harder than all coins in the market. That's why I've been saying for a long time, you should definitely keep your eye on the new coins from both accumulation and a trading perspective. Celestia, by the way, is one if you've been following me on Twitter that you may have gotten an airdrop for because I did an airdrop guide last year and I included Celestia and this could end up being one of the most lucrative airdrops of the year. Congrats to anyone that watched that guide or watch my tweet and got involved because right now if you held your Celestia bag, you'd won to $2 ,000 but for some people it could be a lot more if you use multiple wallets. So I think this one is fantastic and there's a few people that have been coming out and saying that it's this cycle's soul. Smartestmoney .eth, it's an account I respect. The number one coin m p &l trader on Binance, that's pretty crazy, that is very crazy actually, has added spot to a massive seed position quote unquote and basically said watch and learn wannabes. These guys out here buying salt while I'm buying the next Solana. Big call but I mean the market cap is reasonably valued 700 mil okay five bill fdvs a lot but we know in the short term the circulating supply definitely goes to dictate how explosive the price moves can be market cap 700 mils reasonable at rank 71 calling it the next soul I don't know I like this one I like it as a spot play but not maybe after this massive pump in terms of a trade though super interesting now actually on support trend you'll notice a lot of coins are following the same trend they have a diagonal up trend as long as they stick to that trend you long if they start to break down below you've got to be a little bit wary but they've also got these horizontal support levels that they make after their retracements so this is actually a good one too long there's a couple of levels here for you to look out for on the one hourly on Celestia so that's an interesting one and let's move into some of the final narratives here I've got two more to share with you and both of these include a variety of alt coins so the first one is perpetuals I think if this volatility is to remain in the market we could definitely see perpetuals performing well we're starting to see a catch up in terms of price and fundamentals despite that not being the case a couple of weeks ago and if you see in front of you volume is performing really well this is purpose trading season this is an on -chain aping season this is the season where people are trading perps I think the centralized exchanges are doing the best that's where most people are trading but I think decks could catch up and for this reason as well as the fact that I think volatility could remain for the foreseeable future I think the perp decks remain super interesting looks at the moment not for short -term trades this week but over let's say the medium term so two to three months maybe even six months so these are definitely ones I've got my eye on dydx I'm going to do a video on this week that's a very interesting trade GMX and gains network being the ones that are kind of your decks perp decks proxies and a few others and as you can see on the weekly a lot of these are barely moved so especially like GMX and games they're a very interesting look in my opinion and if you do want to snipe better entries on a coin like GMX I recommend you use Kyber AI which is a software that basically tells you the momentum of a coin based on a variety of on -chain indicators like the number and types of trades trading volume net flow to whale wallets and what I would do on a coin like GMX is essentially if you're lining up a buy and let's say you want to start buying when shifts momentum what I would look for is a pattern like this where it shifts from bearish into bullish territory now since this video is not live you're gonna have to open your up your own Kyber AI using the link in the description below to see where it currently is but right now this would actually be potentially an interesting place to long GMX if on the lower time frames it lines up with what the Kyber score is showing which is basically bearish price momentum shown by a strong reversal so heading back into bullish territory as you can see buys are now starting to outpace cells and volume is also up ticking across GMX all of those are metrics that go into the Kyber score Kyber score is one of my favorite metrics in crypto if you go to rankings you can actually sort by market cap I love doing this so I go more than 500 million for the large caps that you can actually trade perps on and you can see which coins are looking the most bullish this can help you get entries in the market especially in a bullish market like this searching for the bullish coins can be an amazing way especially using on -chain analysis to get better trading entries so link in the description to check out Kyber AI it's an extremely useful tool especially for confluence with getting trading entries and crypto bad to subscribers will get early access versus the rest of the pack so link in the description below of course it's free so not showing you anything paid it is a free service to use the last narrative I want to talk about quickly is one I think people are forgetting about it has had a bit of a pullback um but it's the gaming narrative into YGG the reason I say people are forgetting people aren't forgetting about gaming there's a lot of talk about crypto gaming on twitter but I think they're forgetting about one of the biggest gaming conferences in five days time starting on November 18th it lasts for a week there definitely could be some I mean a lot of the major projects are speaking there so there could be some interesting announcements and even if not I think there's bound to be hype into that conference so for that reason definitely keep your eye on the gaming projects there's two in particular that I like YGG because it's their conference and this is now having a pullback into a decent zone in my opinion and also GMT which on the weekly and I know once again you don't enter short -term trades on the weekly but on the weekly if it can pull back down into this pocket at 0 .22 and confirm this is support and if you line that up with your lower time frame indicators of course that could be a decent zone also to enter a GMT trade so gaming is something I'm not going to fade the bees are kind of going from one narrative to another but gaming is one that I've got my eye on ahead of the conference so I hope you enjoyed this video these are all the narratives I'm looking at right now mostly short -term some medium to long -term hope you enjoyed this was fast it was alpha packed let me know in the comments below if there are any other coins I should look at and I'll see you in the next one. Peace out.
A highlight from If You Missed The Crypto Rally, Follow This EXACT Roadmap!
"If you're feeling lost or underexposed after the recent crypto rally, then you've come to the perfect video. Because today, I'm going to be outlining my roadmap for crypto riches in the next bull run, running you through the five steps that you can follow to build the ultimate bull market portfolio. Yes, you haven't exactly timed the bottom correctly if you're watching this video and you don't have all your entries, but no, you haven't missed out on the opportunity to capitalise next bull run, as I believe this market in the right conditions can go much, much higher. And we can see if we look at the YouTube views, which is pretty much the ultimate retail indicator, retail is still hardly back yet, Bitcoin is sitting above $37 ,000. So the amount of potential this market has to grow once retail comes back in leads me to believe there are still massive opportunities. So there's no need to panic, no need to FOMO if you haven't got your entries yet. But what you must do is come up with a sound accumulation plan to make sure that you're building your portfolio in the right way for the bull run. And that's exactly what I'm going to run you through. In today's video, there are many ways to make money in this market, you can scalp you can day trade, you can swing trade, you can airdrop farm. But in today's show, I'm going to be focusing on the investing side of things, the slightly more passive side things that doesn't require you to pick it up as a full time skill. Yes, it's going to take some active portfolio management, if you really want to build a successful portfolio, but it's not as time intensive as some of the other strategies that you might be following in the market today is purely focused on the long term investment side of things, how you can build an underlying portfolio to keep yourself steady and maximize upside for the next bull run, whilst also building a nice foundation for if you do want to trade and if you want to do anything additional that you can stack on top, I believe this strategy is complimentary to trading strategies in the market. So it's not a one or the other thing. But it is about setting up some nice foundations. So in light of that, where do we currently sit? Well, although the altcoin market has had a pretty big pump and Bitcoin has had a big pump, I believe we're still in an accumulation phase. Technically, we are still in the year pre halving. And typical Bitcoin bull run peaks don't tend to happen until the year after the Bitcoin halving, which would be 2025, late 2024, when things really start to pick up. Of course, every cycle is going to be a bit different. Maybe we are seeing things shift a little earlier, maybe not, maybe it shifts later, we can't time it exactly. But what we do know is generally, we are in an accumulation phase. So the goal of an accumulation phase is to stack as much crypto as possible via any means possible. The way you do this is obviously where all the nuance is. And this is where you're going to exhibit the difference between the 2x return next cycle and a 20x return next cycle. I think if you stick to the principles in today's video, there's a good chance that you can be aiming for that 10 to 20x portfolio value next cycle versus many people who are just simply going to ride it all the way up and then end up round tripping it all the way back down. Because accumulating through any means possible doesn't mean just accumulating after every pump. There's actually a strategy that I want you to follow in order to get better entries on altcoins. And that's what we're going to talk about now. So the first thing that you need to do if you want to build a successful portfolio is create a watch list. It sounds so simple, but it's something people often get wrong. They see these new coins cropping up on Twitter, they get tempted to ape in, when in reality, you should have a really organized for system having your watch list. So before you even think about buying, make sure you have a clear watch list identified. And this process can take months, this process can take years. But what happens is as you research, as you watch more videos, as you experience new things, as you learn things, you gradually refine your watch list, you get rid of coins that maybe aren't performing so well, and you add coins that you find out about that you're bullish on, and eventually you end up curating a really nice watch list. So the easiest method to start with when it comes to building a watch list, this is even before we get into any of the buying stuff, is to start with the individual sectors or narratives. So what I would do is I would pick two to three verticals you're most bullish on and start your research there. Niche down into two sectors that you really, really believe in. Some of the examples of the sectors that I find interesting are in front of you. I think AI is interesting, real world assets, gaming, ZK, LSDs, DEXs, SocialFi, NFTs, pick maybe two, three of these sectors and really start narrowing in on those sectors. I really like to build my portfolio around these major sectors because I believe crypto doesn't operate in isolation. There are many growth verticals which are going to help crypto achieve massive option, and there are certain growth verticals out of those that are going to end up outperforming. And the ones that I specifically like, I do want to concentrate a bit more of my portfolio allocation towards those narratives. For example, if you're really into crypto gaming, this could be a logical place to start research the gaming space and start positioning yourself there before you start creating a watch list for some of the other sectors. But of course, over time you'll build out a fully fleshed out watch list around all of your favourite narratives. So what I would do to build a watch list, I wouldn't do it in Apple Notes, although you can, I would do it in Trading View because Trading View has this amazing yet very simple feature which allows you to build individual watch lists. I would make a list called buy list or accumulation list. And what I would do is whenever I find a coin that I am interested in buying, or I know I want to buy a coin, I would just add it to my buy list because this will be your list that you know that you can look at every single day in order to monitor those coins and also get your entries on those coins. So having it all condensed in one place on Trading View is really handy. And what you can do is you can sort by colour in one of two ways. You can sort colour based on the narrative. So I can make let's say any AI project orange and any L2 green. Or you can also do it in terms of market cap, have like, you know, red for your large caps, green for your small caps, however you want to colour code it, you can do that to make it easier for you. So then you can go into your red list and your blue list etc. And actually sort by major caps, small caps, mid caps. So organisation is really key here in terms of making sure your watch is super organised because it's going to make it easier for you to actually keep track of this journey. I think most I know it sounds so simple, but most people don't do this. Most people don't have an organised watchlist or an organised spreadsheet. And this is the first step to successful investing, right? If your mind's not organised, how can you expect your portfolio to be organised? I mean, it's just so important. If you do want to fully maximise your portfolio management, because it's not just buying, that's the trick here. It's managing, it's awaiting allocations, etc. So it all starts with having good setups. So in order to do this, we'll head into step number two now. And that's creating a journal in Excel. So after you've got your watchlist into trading view, this is when you want to go a little bit deeper, because the trading view watchlist is the coins you want to buy. But on Excel, you start to enter some logic. So I'll give you an example of how I would do it. I would list all the coins I'm interested in buying. This is a sample portfolio. Then I would have a column which says my thesis, time horizon and invalidation and risks. So for example, for Ethereum, I've written down my thesis, which is it has a diverse ecosystem. It has first mover advantage versus other L1s. It has institutional interest, which is set to ramp up. And it has proven staying power within the industry. I've put my time horizon at five plus years because I view it as an extremely long term bet. Now, obviously, taking profits can happen at any time in between this period. But it's important to have a time horizon established because certain investments will be more trade based and certain investments will be more long term. And I would also put my invalidation slash risk. So for Ethereum, I've said the major risks are it can lose market share to other L1s like Solana, for example. It could have technical risks if there are any major upgrades gone wrong, because I know they're doing a lot of network upgrades. And another risk could be the invalidation of one of my main key thesis points, which is institutions are piling into Ethereum. Maybe they don't choose to or they opt for other coins or Bitcoin, etc. And this would be an invalidation. So I would go through my entire portfolio and I would enter in the thesis for each coin, time horizon and invalidation. Why? Because at any given moment, you're going to be able to go back and say, why did I buy Injective? Oh, it's because this is my thesis. Why did I buy Ethereum? Oh, it's because this is my thesis. And then before you panic sell to rotate into a new hot coin on crypto Twitter, you can actually go back to your thesis and look, okay, am I still bullish? Are the reasons I was bullish then still the reasons I'm bullish now? And you can answer yes or no. And you can tweak it over time. And this helps remind you why you bought a coin in the first place. Because so often people just buy coins because they're hyped. And then they're like, I actually don't understand what this coin does. Why am I holding this coin? Well, that's something you need to avoid in order to create a successful portfolio. Because if you don't have conviction in a coin, how are you going to hold it through the rough times? And who's to say you're not just going to rotate out of it if you don't believe in it to a hotter coin, a shinier coin, if your coins underperforming, right. So it's very important to have everything documented in an Excel or a Google Sheets or however you want to track it. So you actually it's like a trading journal, right? So you have your thesis clearly outlined for each coin. Another thing you can do to go a step further is actually conduct a SWOT analysis for each coin. This is actually an amazing practice that I highly recommend doing. And it basically means once a coins in your watch your trading view watch list, and once you're starting to populate it into the Excel, actually go fill out a form, it can be done on a on a Google Doc, and you can link that into your original Excel. So I'll show you what I mean, you can create another column here, which says SWOT, and then you can have the Google Doc link entered in here, click on that, it'll open up a new document, or if it's on your desktop, then you can link it to another document on your desktop, which basically means you'll you'll have an individual study, a SWOT analysis study for every single coin that you've actually gone and researched. And this is a great learning experience. Because when you're trying to find the strengths, let's say for Ethereum, the weaknesses, the opportunities, the threats, you're going to come across new ideas and new thought processes. And let's say for Ethereum, you can think of the strengths, you know, the opportunities, you know, some weaknesses, but you can't think of any threats. Well, that's a great gap in your understanding that you can explore and prod further. So you can look for counterpoints, you can look for content, which actually challenges your theory, you can ask people in the space. I mean, we I answer a lot of questions and DMS, etc, on Twitter, but I know Randals and the other hosts do as well. And also other experts in those niches, I think are also super accommodating if you have any interesting questions. So by filling out these sheets, you're going to get a much more detailed analysis on your favorite old coins. And this will help you develop your theses as well. So underrated little trick here is to actually do a SWOT analysis for each coin and link that into your spreadsheet. I'm basically trying to practice here healthy habits when it comes to portfolio building, because I can almost bet 99 % of you probably don't have an Excel that has in -depth theses and plans and invalidations for every single coin you hold. Most of you probably just ape into coins on a centralized exchange or maybe on DEXs and that's completely okay. Nothing wrong with that. But I'm saying if you want to maximize next cycle, it's time to level up. It's time to get serious and it's time to plan because if you don't, you'll be left behind and maybe some of you have the taste of being left behind from the past couple of weeks. I know a lot of people have been asking me, you know, have I missed it? Is it too late? Well, it's not too late, but it is going to be too late soon if you haven't got the right plan in place because things can happen super quick in this market as you've seen. So now for step number three out of the five step roadmap. Now it's time to determine position sizing. And this is the most subjective and nuanced step in this video because obviously how much risk you allocate to a low cap will be different from you to the next person, right? Because I don't know your financial situation. You might have a family you need to support, you can't take much risks. You might be young like me and be willing to, you know, risk it all and you don't really care. If you lose money, you may be super wealthy and you're only playing around with 5 % of your net worth. And if you blow it on crypto, you don't really care. To some people, you might really care about losing money, right? And you might want to be a little more conservative. So it really depends on your situation and your goals. Do you want to hit a million dollars next cycle? Do you want to hit a hundred K? Do you want to hit 10 million? Like, it really depends on your situation. So this is something only you're going to be able to work out. But I'll give you an example of how I would determine position sizing. So on the Excel, I would add a column for percentage portfolio weighting. So this number is going to represent your ideal position size for each coin. I'll show you what I mean. So for example, for Ethereum, I've allocated in the sample portfolio 20%. So $100 ,000 portfolio, that would be $20 ,000. And I've allocated percentages for all the other altcoins based on $100 ,000 portfolio. And you can tweak this number as you wish in order to get the representative figures when you make your own sheets. But what this is going to do is give you an idea of how you actually weight risk. Now, how do you determine how much percentage to allocate to each project? The easiest thing to do is break it down by either sector. So you can go like, let's say 30 % towards L1s, 15 % towards L2s, whatever verticals you're bullish on, as we discussed before, you'll allocate heavier to those. Verticals you're less bullish on, you'll allocate less heavy to them, right? But my preferred method is actually not by sector, depends how your brain works, but I prefer to do it by market cap. So large caps, I might allocate 40 % towards, mid caps, I might allocate 30 % towards, small caps, I might allocate 20 % towards and micro caps, anything under $10 million, I'll allocate 10 % towards. So this is one way that can help you structure it. What you can actually do is you can create a pie chart. So once you've got the size right of all the coins, you can create another column, link that to your allocation percentage, and then make a pie chart and actually see how much of your portfolio is mid caps, large caps, small caps, and micro caps. That's a big tip that I have for you, because that's going to help you get a view of how much risk you're taking with your portfolio. And look, as I said, for some people, your micro caps might be 30%. You just might want to hit the lottery next bull run and make 10 million or make nothing and you decide to do that and go, you know, you want to go 30, 40 % on micro caps, knowing that you could blow it all. But some people might prefer to go, no, I like, you know, I'm happy with the three to four x next cycle. I'm just going all large caps. I'm just going to go Ethereum and Solana and a couple others, and that's it. And, you know, make my maybe three, four, five x, I'm not interested in the 100x stuff. And that's completely fine as well. That's why it completely depends on your personal situation. And step number three is the most subjective one. But hopefully just by writing it down and allocating per sector, this gives you a good idea of how you want to structure your portfolio. And you'll get a pretty good feel once you start to track your portfolio in real time, as to how volatile your portfolio is, you might realize it's too volatile, you might realize you're not getting enough upside. So the beta is not correct on crypto pumps. So you'll actually know over time. And this isn't anything set in stone, you can tweak over time, if you want to go more risk on when the market's more aggressive, you can do that. If you want to less risk on when you want to be more conservative, you can do that. No one says your portfolio has to be set in stone all the time. This is where you allocate to fresh accumulation. So now you've assigned your weightings, it's time to plan your entries. How do you do this? Well, you have a trading view already set up. So this is going to be your number one port of call when it comes to market out levels. What I would do is I would go through that entire trading view by list that you've mapped out. And I would set key horizontal support levels on a high timeframe like the monthly or the weekly. And then I would draw in the levels where I would look to accumulate. So let's use dydx as an example, you can go into the weekly you can mark out clearly range lows a dollar range high was $2 .70. And your next major resistance level is at $4 .20. So your green accumulation zone is your ultimate support by this is your range low support. We may not get there. But this is where you want to put in limit orders, right? Your yellow box, you would have a an alert on trading view set up for when we hit this zone. So you'd create a little alert here, it'll ding on your phone, you can say as your message, you can say dydx buy zone. And what this will do is it will track when we drop back down into that zone. So you can and you can also set a limit order there. And then you have your red box, which is the same thing. So when you break above, you get that alert. When we come back down on confirmation, you can make a buyer. So for the green box, this is something you could have set a passive limit order on an exchange automatically do it, you don't even need to do it yourself. Just let it happen. If it gets back down there. For the orange and the red zones on altcoins, these are more active positions. So use the trading view alert function when you get alerted, then you can make your decision on exactly when you want to DCA. But you probably should stick to your plan once you outline it, right? If you if you make a plan that you want to accumulate on the retest of dydx range high, then when you actually get there to the chat to the point of accumulating, don't flinch, like you actually have to follow through on your plan. So what I would actually do is I would even write in some text here, I would go to settings, I would write in some text, I would say accumulate on retest, if x, y and z, you might have some technical parameters that that you want to like add in, if you're a bit more technical, like, you know, I want to see RSI up on the upswing, I want to make sure there's a four hourly confluence with the retest, whatever, all those technicals that you can kind of stack on top. But it's really good to actually write this down. So on trading view for each coin, you're going to have your levels on the weekly on the monthly, like dogecoin, for example, a major support level I would look at is the five seven level, this is an area that I would be interested in setting limit orders. So the more limit orders you can set the better if you can set limit orders on exchanges and just have some capital across a few different exchanges, have your limit order set and forget about it, that's the best, because then you're not going to panic when price gets there. A lot of the time what will happen is price will actually get down to the support and then people get bearish, right? They bearish here, they bearish here, they bearish here, they bearish here, they never want to accumulate in the support range. Then when the price starts pumping, they're like damn next dip I want to buy right and then it goes back down. And then when it dips down, you don't actually end up buying because you're psychology and the back and forth of wrestling with emotion and basically forcing you to buy in when you have a predetermined level that you want to buy in. For the DYDX example, you do have that predetermined level on range low, but because price is pumped, you now have to potentially look at buying on confirmation of the retest of key breaks of resistance levels flipped into support. So this is going to require a bit more nuance than just setting limit orders. But that's just a reflection of where that coins out every coins in a different zone, right? And every coin has a different scenario, like for fracks, you might say, okay, on the break of 760, I want to buy some fracks, because this clearly shows that it's reverse downtrend, for example, and then you would set that order once you've broken above. So it's not a perfect science. But what this does is it kind of forces you to stick to a strategy when the levels are in your trading view, and your plans are predefined before price gets there, then when price gets there, you should just be sticking to your plan. So you should be having a plan for the next six months on levels accumulation across a variety of coins. And you should know exactly when you're buying and you should know exactly what happens if price keeps pumping. What level are you actually going to get interested at again? So let's say the idea smashes through the highs, you know that you're probably going to buy the retest of range high on the high timeframe, right? So have all those scenarios planned out, then you're never gonna have to form it because even if price pumps, you've got a plan for that. And if price dumps, you've also got a plan for that you've got your limit orders, right? So you should be planned either way for either scenario. And if you want to get nuance with timing entries, you can even stack on additional tools like AI, etc. to get better entries. For example, Kyber AI, you guys know how I like the Kyber score in order to track momentum. When you do see a momentum swing on the Kyber score, that could also be an indicator that you can use in confluence with let's say the retest of that range high as we discussed before, in order to get your exact entry when your trading view alert goes off. And you can use all sorts of on chain data to snipe an even better entry. So it just really depends on your level. Some people prefer to be more passive and just DCA and whatever. But if you're a bit more active, you can start to stack these tools in order to get slightly better entries. And for more advanced market participants, a website like Kyber AI, I think is a good one. So there's a link in the description below to get beta access to Kyber AI for free. It's a free platform, if you're interested in that. So hopefully that accumulation plan makes sense. I think it just boils down to take advantage of fear. Typically, these support buys will happen after major sell offs. And the major sell offs typically represent the strongest opportunities in the market. I mean, just look at Solana. The two biggest FUD events were the two events that ended up being the best buying opportunities for SOL. And these were actually areas where I publicly said that I was buying Solana and they ended up being amazing buys up, you know, four to five x now. So buying fear in this market is definitely the strategy when you're aiming to build positions for the long term. Okay, let's go to step number five. Now, this is a really, really important one. This is keeping stables on the side for new projects. So I do this for two reasons. One, some of the best performing projects next cycle haven't even been released yet. Newer shiny objects tend to outperform their older counterparts, because there's less suppressory effect on price, due to the lack of underwater bag holders on new coins versus old coins. So what are old coins, there are a lot of bag holders, they can still explode, it doesn't mean they can't perform well. But just typically new performs can have that more aggressive thrust to the upside because there's less kind of dampening due to supply pressures, right. So keeping stable coins on the side for new projects is really important. Not only because of that, but because of the fact that new projects often solve the needs in the market that the old projects couldn't solve. So they usually launching and not all new projects are good, some new projects are rubbish, but really quality new projects are launching because they know that they fill a gap in the market that other projects couldn't, or they're improving on the technology that other projects have already established. So there's a benefit there as well. And the second reason why I like to keep stable coins aside is because it prevents you from recklessly rotating out of existing holdings. So if you have no capital, you're probably going to be more willing to sell let's say your Solana bag if it's not performing well to rotate into Stacks because Stacks is performing well. But if you have capital on the side, right, you have actual cash, you don't need to sell your Solana because you have cash that you can deploy into Stacks. So you're less likely to rotate out of your Solana into Stacks because you got capital to buy it. So one of the biggest tips for just not giving up on a bag too early is just keeping stable coins on the side. It's such a basic thing, but it's something so many people don't do. They get too greedy at certain times and don't hold enough cash. And then they get to risk off at certain times and hold too much cash. The key is keeping a balance. And I've been in both camps. There's been periods where I've held too much cash. And then there's I've kind of learned my mistake here. And for most people sitting around the 20 % mark in cash is not a terrible idea in terms of your crypto portfolio. Once again, this comes down to your risk tolerance, etc. As long as you have something that prevents you from FOMOing into these shiny coins with old positions, because this happens every bull run, you want to FOMO into the new coins. But it's just better if you if you're not forced to sell. Forced selling is horrible, often leads to a really subpar result in terms of your exit price. Much better just to have fresh capital used that's and reserved solely for the purpose of buying into newer coins. So this isn't to say that you can't tweak allocations over time. I think you should always tweak allocations. As prices pump, you can take profits, rotate into other alts, take profits into USD. As income comes in from other income sources, you can put that into the market. Some coins you might realize, okay, say is not really realizing its vision. Maybe you don't think they're executing very well. The team makes some mistakes. You can actually delete that off your watch list at certain points and add a new coin that you think's better. Like there's nothing saying the portfolio you build now has to be set in stone. But there's something to be said for starting to plan and having a system. Because once you have a system, then you can plug and play any old coins into that system. Once you have your watch list, have your Excel, it's easy to make small modifications versus overhauling the whole thing once every few months. It's better to just tweak it slowly over time. And I think it's actually very smart to make tweaks over time, because that enables you to be adaptive and it means you're not always stuck in old positions that might not be so favorable when there's new trends in the market. So always maintain adaptivity, but don't be rash. That's pretty much how I want to summarize that. I want to give a quick shout out to one of our official show sponsors now, which is SmartX. They actually did $5 .1 million in trading volume this week. So if you are looking to farm, they have a very good system which reduces the negative effects of impermanent loss, and in some cases can lead to impermanent gain across their LPs, across the networks Ethereum, Polygon, Arbitrum, BNB and Base. They recently just jacked up the APRs on Ethereum and BNB. They lowered them on Polygon and Arbitrum. So if you do want to look for some of the opportunities with additional multipliers now, you can look for example, on the ETH side on some of these pools, which have a higher APR. And as I said, it's not your typical AMM. They have a proprietary algorithm which makes impermanent loss less of a headache compared to other AMMs, for example, like Uniswap. And if you go onto their homepage of their website, and you click on simulate the algorithm, you can actually compare the performance of pools compared to pools on Uniswap. So you can scroll through and get some examples to see how SmartX actually works in practice, which is a nice feature as well. So there's a link in the description if you want to yield farm on SmartX, or even if you want to swap, it's also a DEX, of course, that can get you some decent swap rates too. And yeah, just another great week of trading volume for SmartX. So well done to the team over there. And looking forward to keeping on supporting you in the future on these shows. So I hope you enjoyed this video. I hope you learned something. And even if one person watches today's video and builds a nice system, and ends up benefiting that from that next bull run that it was worth my time because I think 99 % of people will be too lazy to do the stuff I talked about today. Because I get it, it's easier sitting back and being lazy. But for the ones that are willing to put in the time and be proactive, you're going to be the ones I think that end up really reaping the rewards of this. So well done to you if that's what you're about to do. And I will see you in my next show, which will probably be on Tuesday. See you later. Peace out.
A highlight from BCB134_ANDY SCHOONOVER: Fiscal & Physical Health
"Which might as well be Darth Vader, right? Like we're screwing Darth Vader, right? Like nobody cares if Darth Vader gets screwed, right? And what we're trying to say is like, no, no, no, you're screwing me, a human being who has to ultimately pay for this. This is the Blue Collar Bitcoin Podcast, a show where average Joe firefighters explore the most important monetary technology of the 21st century. We talk Bitcoin, we talk finance, and we talk shit. Ladies and gentlemen, welcome in. Glad you're here for another week on Blue Collar Bitcoin. This time around, Josh and myself, Dan, got the pleasure of spending an hour with Andy Schoonover. After attending Stanford Business School, Andy has built an impressive entrepreneurial and business resume. Since 2021, he's been the founder and CEO of CrowdHealth, a company looking to completely redefine the meaning of healthcare in today's society. Andy also hosts a great show called the Sovereign Health Podcast, and he's a dead serious Bitcoiner. He recorded this episode from the Bitcoin Commons in Austin, Texas, for Pete's sake. You'll be able to tell right away Andy was practically born with a microphone in front of his face, and this chat was substantive. We cover the importance of creating a work -life balance, why the medical -industrial complex is so opaque and so expensive, and what CrowdHealth is doing to fix it, metabolic health, butt -naked ice baths, and much more. We think that you'll agree after listening to Andy that what CrowdHealth is pioneering is truly badass. If you have healthcare needs, and you want to cut your costs and support human beings rather than large insurance companies, CrowdHealth is more than worth a peek. You can come and go as you please, month to month, no stupid commitments, no confusing bullshit. And if you so choose, you can use code BLUE for a significant discount on your first six months. Lastly, as price starts heading north, I'm going to take time to remind all of you folks to self -custody your freaking Bitcoin. If you don't hold the private keys, you hold a Bitcoin IOU, not the real thing. Someone else is your Bitcoin Dom. Assuming you're not a sub, take custody yourself folks, or at the very least start learning how this process works. Our go -to solution for storing our Bitcoin private keys is the Cold Card. It's extremely secure, easy to use, and Bitcoin only. We've used these bad boys for years. They simply work. You can use code BCB, that's BCB, for a delectable discount on Cold Card, and click the CoinKite link down in our notes to see discounts on a variety of other CoinKite products, including the BlockLocks. Josh, Andy, Schoonover, Daniel, is here. In usual fashion, we just got a lot of good stuff out of the way before we click record, but we'll have to leave that up to the audience's imagination, right, Andy? We got some saucy stuff on the Sovereign Health podcast just before we click record that we can't disseminate to the world, unfortunately, now. We are. It's locked in. We're going to have to tread lightly in this one too, Andy, because we're going to be talking, I'm sure, quite a bit about being paramedics, about our day job. We actually had an incident in our last episode where this happened a couple of times on this show where we get a little too specific and we're like, wait, could that really fuck us down the road if a chief listened to that? We've got to basically go, this happened to someone we know at a neighboring department years ago, whatever story that we're about to just throw out there. Didn't happen with us. It happened with somebody else far, far away. Twenty years ago, we knew a guy that worked somewhere else that once had a patient where this went down. Friend of a friend. Exactly. Yeah. Well, good to hang out with you guys. It's been about, what, about a year since we last hung out. So appreciate y 'all having me on. I think about exactly. Now is the time. You know, everybody's thinking about healthcare for next year. So I appreciate y 'all having me on this time of year. As always, last year was super fun. So I'm sure we will not disappoint this time around. No, we won't. Yeah. We just finished open enrollment at the department. It's like herding cattle too. Like the, you know, they send out the initial email from HR, you get half of the firemen that do it. Another week goes by. You've got stragglers. You got to kind of get the shepherd's crook around their neck, pull them in the pen. It's like when you do a sexual harassment training, you know, nobody wants to do it. Like who wants to sit there and they want to click through, like, don't touch anyone on the penis. Don't look at anyone's ass, obviously like, yes, yes, I know I'll take the bullshit quiz. I'll get 75 % on it and I'll move on with my day. You guys went that direction. I was thinking more like doing taxes every year. Like it's one of those things like you hate doing, you know, we're actually going to put up a post either today or tomorrow on Twitter around, like do this once and never have to worry about it again. Cause we don't have open enrollments at crowd help. Like it's month to month. If you want to quit next month, if you want to quit in four years, you can quit in four years. Our average person's, you know, with us for two and a half or three years or something like that. So, um, you know, it takes five minutes to sign up. You never have to worry about it again. How beautiful is that? That's worth its weight in gold. Sure is. Yeah. I heard you when you were on with breed love, one of my main takeaways that everyone listening is thinking is why is the system and, and even just your plan, take it. If you've had a health insurance plan, an HMO, a PPO, whatever it is, it is one of the most confusing things anyone ever comes across. I consider myself squared away on so many fronts can, can read through these documents, generally understand them when it comes to healthcare.
A highlight from Macro-Economy vs Crypto with EconomicNinja
"All right, so lots of influential factors right now in the markets today from real estate, what we're dealing with, with inflation, and also banking issues that really could affect your strategy going forward around crypto or real estate, all those kinds of things. We're going to bring in a special guest today to kind of break this down. This is going to be a good one. My name is Paul Baron. Welcome back into Tech Path. Joining me today is the Economic Ninja. If you guys don't follow him, hit him up over on YouTube as the Economic Ninja. Great to have you on the show, Ninja. Hey, Paul, thank you so much for having me on. So let's get into a couple of topics around the current state of the markets, we'll call it. Some of the things that are happening right now, obviously around jobs, we saw, of course, COBY kind of reporting on this, 150 ,000 jobs in October. This was below the expectations of 180. And it's likely that this is highly underreported in the sense of real job loss overall. When you look at some of the research and the data that you're doing, I know on your own YouTube channel, you look at the current situation with jobs as they are and where those jobs are coming from, because they're coming from places that are not necessarily even job growth areas. Do you feel like this is a major catalyst for a potential oncoming recession or do you think this is kind of a natural evolution of these down markets? Well, you've got a couple of different factors at play. One is that the government is not reporting the truth in the way that it should be reported. It actually gives out the facts and figures. But one fact and figure that they really go a little light on is the headlines come out and they say that employment's increasing, employment's great. But what's increasing is part time jobs, not full time jobs. When you see it seems to be right now about for every one full time job that's taken away, taken off the market, that's somebody that's fully employed, has hopefully some type of benefits package, has insurance, things like that. For every job that's taken away full time, we add about three to four part time jobs. And a lot of this is because of government overregulation where governments have stepped in and they tell employers, hey, if your employees are employed at a minimum 30 hours a week, that's considered full employment. So we want you to give them benefits so easily. And it makes sense. Companies go, OK, we're going to start pulling back and giving certain employees like twenty eight hours a week so that they stay right underneath that threshold. So that's one factor that's really not explained very well. Another thing is that the Federal Reserve is hell bent to raise unemployment. And this is what normally happens during a tightening cycle. The reason why the Federal Reserve has to tighten anything is because inflation got out of control. The Fed has always had an inflation mandate. Their numbers are two percent, which we all know inflation runs a lot hotter year after year, over two percent. But again, they're moving these metrics are changing the goalposts. And so now that inflation has gotten away, they need to tighten. One of the ways to tighten is to cause unemployment. Well, how does the Federal Reserve cause employment? It puts the pressure, turns the screws on to the employer in the form of less money being lent out into the market, higher interest rates, things like that. Do you feel like this is just the beginning of the iceberg in terms of jobs available, true unemployment spiking into possibly some people out there have even pushed out into what we could see? If you look back at some of the recessions in the past where we see double digit unemployment over 10 percent, do you think that is even possible with the current status here in the United States? Yeah, 100 percent, I completely believe that by the time we hit a bottom, we will be well into double digit unemployment numbers. Let's give the car industry as an example, we've seen numerous auto lenders completely pull out of the market. The latest large auto lender that pulled out of the market was Bank of Montreal. Now, if you think about it just from that aspect, that means that there are less lenders lending into the market, allowing people to be able to buy a car because most people and I'll tell you, I've got a car for sale right now around nine thousand dollars. There's not a lot of phone calls. My phone's not ringing off the hook. And the reason why is because people don't have the cash to buy it. They need to finance nine thousand dollars. And so they're having a harder time because their interest rates are so much higher. Why? Well, one of the reasons not only the Fed raising rates and the bond market going crazy, but also since there's less lenders in the market, a lot of these auto lenders have to take a certain stance on risk. And they go, hey, if we're going to loan at a certain amount of money into the market with the certain average credit user or the person that needs a loan, they have a credit score of X or they've got bills of Y. They've got to ask higher rates. So the problem is now you've got employment being affected there, too, because if there are less car loans going out, there are less auto salesman employed. There are less people working behind the desk giving those loans out. I know that might seem real small, but when you look at it from a twenty thousand foot view perspective, you start really thinking about just one little step where the Federal Reserve makes it so impossible for a bank to loan money to someone that chain effect that going down the stairs, stepping down from one job loss, two jobs lost, three job loss after a while, it starts just multiplying. So a lot of factors here that you're mentioning and you look at this because we're talking about potentially still job numbers going up, if job numbers and when I say job numbers in the sense of unemployment, if it does go up, wouldn't that kind of align with what Powell's directive is, which is job loss goes up, inflation numbers start to reduce and we see what we could see, which is maybe that target of two percent. Do you think that's achievable in, say, the next two to five years? What is your thoughts on what Chair Powell is looking at in terms of hitting that target? Yeah, so I actually believe that you're going to see a two percent inflation rate in five years, maybe six, and the reason why is because we're going to have an epic crash before then. The Federal Reserve historically does not start touching or pivoting its rates until we see about 20, 25 percent taking off the major indexes of the stock market. It takes a lot more than just a housing correction to do that. If you look back on when the Fed started to really pivot last time was 2007, which was in line with not only a housing correction, but also the stock market indexes started really trending lower. It wasn't until it hit its crescendo between September of 2008 and the spring of 2009. But you also have to remember, too, the Federal Reserve did not have its repurchase window open until January of 2009. So we'd already seen a massive haircut off of stock market indexes. We saw a massive haircut off of home valuations well before they even opened up the repurchase window. Now, what's different this time is that the repurchase window has been opened for quite some time. We have over 700 banks failing. That's from the Federal Reserve, not from me. We are seeing an epic crash in the banking sector. But tying this back into like what you were saying with the pivot and the unemployment numbers, the unemployment numbers are actually showing positive. If people don't really disseminate them, it's showing that employment strong, but it's strong in the wrong way. We're getting more part time and under employed employees and we're losing these full time jobs. As a matter of fact, we are already seeing the month of October has been impressive as far as job losses because we're seeing companies shave 10 percent of its workforce or at least are announcing that they're about to lay off 10 percent. Even Citigroup came out September and they said we're going to lay off an undisclosed amount of people and then we'll really let you know in a couple of months. And the reason why they said that they're preparing people. They don't want everyone jumping ships. They don't want everyone to know exactly what they're doing. But at the same time, they're trying to appease their shareholders because they're trying to keep their shareholders from selling their stock. And they're saying, hey, we've got a plan. Don't worry, everything's be fine. Very similar to what happened with WeWork. WeWork gave you the idea in the last couple of months. Hey, we don't see ourselves really going forward in the normal direction. We're going to have to start talking to our creditors and starting to try and renegotiate leases. And now you find them in bankruptcy. So we're in that situation where CEOs are trying their hardest to keep their shareholders calm. We saw that with Lowe's and Home Depot back in the spring where they said the consumer has changed. And they're trying to give you very interesting ways of wording or wordsmithing. Please don't panic. Don't sell our shares because we're essentially screwed right now. Some of the things I want to kind of point to, Fed has lost control, bank collapsed, commercial real estate disaster, pension fund devastation. Something is running up quickly. This is kind of the topic around what's happening overall. And then I want to play a clip from Peter Saint -Ange on what's happening in Switzerland. Let me just jump to this clip real quick and let you listen in. In an ominous sign for our coming financial crisis, Switzerland is considering locking people into failing banks using capital controls that would stop depositors from withdrawing their money. I talked about this in a previous video, so -called friction tech that would lock depositors into dying banks, forcing them to go down with the ship so no banker is left behind. The Fed has also been pushing such controls in a series of papers ever since Silicon Valley Bank went down back in March. So specifically, Switzerland's considering limiting withdrawals to 50 ,000 Swiss francs per year. Franc is about a dollar. Larger withdrawals would be subject to a three month notice period. So you'd have to wait three months. I'm going to pause it there. So it isn't, in fact, taking place in Switzerland, but they're looking at doing this. Remember, if you look at the European Union, about six months ahead of us in terms of the economic cycles and they're obviously already in a recession. If something like that, if the Fed were to come in and put those kind of controls in to kind of avert what happened at Silicon Valley. How do you think consumers would respond to that retail? I mean, because everybody is already on edge with this and now I'm going to have a limit on what I could pull out of my bank. What are your thoughts on how Americans would say, OK, we're OK with that? This has actually been happening for over a decade. We've seen times of banking crisis and I guess the ruble would be one of the most recent examples. And there was some examples in certain Slavic countries where they were told that they were only allowed to withdraw a certain amount of money per day when there's an actual banking crisis. And it's happening in America right now in cryptocurrency. If you have a Coinbase account, you know if you deposit some money, wire it that day, it shows in your account. You could buy Bitcoin with it all day long, but you can't withdraw that Bitcoin for 72 hours. It's because they are insolvent. That's a derivative. And most people don't understand how that works. And so these are great signs when you see countries start to say, hey, we're looking at doing this or you look at what's just going on with Bank of America and some other key banks just a few days ago where they had a quote unquote glitch. And I'm going to tell you, this is sort of the conspiracy theory side. I don't believe that these are glitches that just accidentally happened. There are some that happen, but it's also a test to see how depositors react. And that test was a few days ago. Your deposits were coming into your bank, but it might take a day or two or maybe three for you to be able to access that money because there was a glitch. And really what that is, is the ability for bankers to be able to see how the public reacts to such an event. And those are things that I'm reporting on all the time. I'm sure you are. And I think people need to take heed. So what can you do? First thing is separate your risk. And that is big multinational banks, local regional banks and credit unions. But then also, you don't have to have all of your finances in paper as well. You could actually get alternative assets.
A highlight from THE PROTOCOL: Krakens Potential Layer 2 Development and Coinbases Influence
"Dive deep into the blockchain realm with The Protocol Podcast with Coindesk founding editor of The Protocol newsletter Brad Count and tech journalists Sam Kessler and Margo Nykerk. They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum one block at a time. Just a reminder, Coindesk is a news source and does not provide investment advice. Hello and welcome to The Protocol Podcast. I'm Brad Count here with my co -hosts Margo Nykerk and Sam Kessler. Please first don't forget to subscribe to our weekly newsletter The Protocol on Coindesk .com. And real quick, let's just take a second. We've got Sam Kessler here. He's actually missed a couple of our recordings over the past few weeks because he was down covering the Sam Bankman free trial, which is a story that Coindesk owns. Or we did break the story that led to the ultimate collapse of his business empire. Sam, you've been down at this trial and just like getting up at what, like 3 a .m. to get in line to get in the courtroom. Tell us what has it been like covering that trial? Yeah, it was a crazy experience. I'm glad to kind of be back to my normal life. Like you said, some days you had to wake up as early as 3 a .m. Somebody showed up at 10 p .m. the previous evening once to see Sam testify. I was not that crazy. I can only do that a few times the early day. But anyway, overall, it was a pretty insane experience. And yesterday we did sort of a panel with Coindesk reporters, four of the five Coindesk reporters who have covered this throughout the month long run of the trial to hear from members of the crypto community about questions they had and reflections on what was going on. And one of the questions that we received was around whether this trial was, in fact, the indictment of the cryptocurrency industry that everybody in the mainstream seems to frame it as. Or is this kind of this anomalous thing that exists outside of crypto, particularly because FTX was a centralized exchange? The question being, why did it feel like such a big deal? And I think the place where we all landed, like why this got the sort of breathless coverage that it did is because there is a difference between the crypto technology and the crypto industry. And I do still feel and I think those the folks who joined me on the panel agreed that this whole thing, even though it doesn't say much about the technology that undergirds all of these projects that we talk about on this podcast, this whole fiasco was an indictment of the crypto industry. The money, the attention, the focus, you know, the panels that people are willing to go on with Sandbank Manfried all just go to show that it does matter. The companies and the folks who we associate ourselves with cover. I mean, media plays a role in this, too, regardless of whether it has anything to do with the core blockchain technology itself as a centralized exchange in this case. That's super interesting, Sam. I mean, one thing I would just add, you always see giant frauds around new technologies, right? I mean, it's just like inevitable. People are always taking advantage of the opacity and the incredible, complicated stuff. And I mean, we see it all the time. But it's just stuff so hard to understand that it's pretty easy to like pull the wool over people's eyes. You know, I mean, I think we can talk a little more freely about this now that he's convicted. Anyway. OK, well, thank you, Sam. We're so glad to have you here. All right. Let's get right into it now, as we say, with the latest news and developments in technology behind crypto and blockchains. In our first segment, we will be talking about Arbitrum's governance. Of course, Arbitrum is the biggest layer two network atop Ethereum. Margo covers them all the time and they are super interesting project. But Sam, you know, this story you wrote yesterday focuses on some dissension in that community. Why don't you just give us a little brief overview of what that story is? Yeah. So like you said, Arbitrum is one of the people that I might be aware, I might remember last spring when they switched over to a decentralized governance model. So they made this big shift where they launched a token ARB and allowed holders of that token to be a part of something called the Arbitrum DAO that would govern the protocol. And the thing that we're seeing here is a nod to the growing pain, one of the growing pains that we see with all decentralized autonomous organizations, which is the difficulty of reconciling the need for decentralized governance, vast networks of people governing these protocols in like the spirit of crypto, with the reality that you need some somewhat centralized or at least professionalized decision making expertise in order to guide the direction of these really important platforms. Arbitrum has, you know, over two billion dollars locked in it as of today, if I recall correctly. But anyway, in this specific case, Arbitrum's community is currently grappling with a proposal to introduce a research coalition that will be helmed by BlockWorks Research, the research arm of the media organization, Gauntlet, a risk firm and one other cybersecurity firm that's not as specific to crypto. And those folks will kind of serve as this guidepost for the wider DAO to make its decisions. And there's been a lot of controversy around how much they'd be set to get paid under the proposal that BlockWorks presented in conjunction with these other. Let's just, Margo, what were your thoughts reading this story? So, well, two things. I sort of want to know what's in it for BlockWorks. Like, why are they putting themselves forward in this kind of proposal? But also this sort of like what Sam was alluding to drew us back to last spring when there was a controversial proposal about the DAO and there was like a ratification and they started transferring tokens before like that period had even ended. So I feel like ever since that happened, there's been a lot more attention on the DAO and like the proposals it puts forward. So there's always these controversies around DAOs and like the grapple they have to do with centralization and decentralization or professionalism in that case and having some kind of an authoritative figure that will make decisions. And so I wonder if we're looking at this more with a critical eye because of what happened six months ago and because we've sort of seen some controversy with the Arbitrum DAO. But I don't know, what are your guys thoughts on that? So it's a really good question. So that event that you're talking about was essentially when the DAO was established, there was also this foundation that was established, the Arbitrum Foundation. And you see this set up a lot of times where you have a foundation, you have a centralized company that builds a product, and then you have a DAO. The foundation kind of straddles the middle where it's like a real incorporated entity. But anyway, the foundation was suddenly granted a bunch of tokens from the initial mint of ARB. And members of this new DAO who had also just been airdropped a bunch of tokens were like, whoa, wait a minute, we didn't really have a formal vote on where those tokens should go. So it essentially looked like what it was, which was the people who initially created the blockchain granting a bunch of tokens to this foundation, which people think had some links to the old organization, the firm that ran things. So the chief irony here is that the whole idea of a DAO and the whole idea of this specific proposal is to decentralize things further so that something like a centralized foundation, something like the organization that created Arbitrum don't have an outweighed role in the direction of the chain. But the irony is that people see the same centralization issues with this new format. So one of the comments that we have in this article came from one of the voters in this Arbitrum DAO who said, quote, having the same parties review and provide opinions on proposals, cover those proposals publicly via media networks, vote on proposals, review the security concerns of a proposal, and then execute the Arbitrum network upgrades is fundamentally lacking separation of powers, which is a nod to the role that all of these different entities who would be on this coalition currently serve for Arbitrum. And this person showed that these folks who would be on this coalition also hold a huge number of ARB tokens. They'd now be kind of suggesting proposals or at least giving research on these proposals that they're also voting on and have an outweighed weight in terms of, you know, I mean, it's so interesting. It gets right at the heart of this debate, you know, the topic that just keeps coming up over and over again, which is, is all of this really about the tech or is it really about the money? It's like everybody wants the money and some people are providing value. Sometimes it's hard to tell whether this is going to actually be valuable or if it's just somebody who wants money, right? I say I'm curious, the research they're talking about, what kind of research is this? Like, why do why does Arbitrum DAO need research? Yeah, it's a good question. So it's quite interesting. One of the cool things about DAOs is you can go into the governance forums of any of them and you can see people weighing different proposals and those proposals will. So when it comes to research, sometimes there's going to be financial sort of research that they'll do into like what kinds of rewards we should give users of our protocol for doing certain things like what sort of interest should accrue to a token. Not really relevant in this case, but in the future, you know, if ARB should accrue interest, which it doesn't currently, it would kind of help make that call. You'll see a lot of risk assessment. So if Arbitrum is deciding on what bridge partners to use to transact with different chains, somebody like Gauntlet might come in or the cybersecurity firm might come in and do research to determine, hey, which of these bridge partners, given the technology we use and whatever platform we're bridging to uses would be the most secure. That's something that you saw in the past blew up on Uniswap when there's questions around conflicts of interest between the people doing the research and the bridge platforms themselves. But that's the kind of research you'll see, kind of like the technical and financial. Very briefly, the reason why this, you know, bristled so many people was the fact that it would cost two million dollars over the course of a year. And based on the cost breakdown, one person wrote, can the organizations involved demonstrate their time is worth, quote, six hundred fifty dollars to fifteen hundred dollars an hour? That seems exorbitant, as in more than I pay for a Harvard lawyer's exorbitant, literally. So these folks are asking for a ton of money in exchange for their services and they've had to defend themselves. And currently the proposal is really 50 -50 in terms of whether this is a temperature check, whether it goes to a real vote. The community can't decide whether that's a fair breakdown of costs. When does the temperature check end? It ends tomorrow. It ends tomorrow. And there's still some big voters that haven't weighed in yet. So we might be talking about this next week. One thing that is kind of cool, I will say, is in companies, modern companies, you know, the CEO and the board make the decisions and, you know, shareholders do not get to weigh in real time on kind of major strategy stuff or even like line item costs, initiatives or whatever. So that part of it is kind of cool that, you know, people are voting on whether they should spend the two million dollars. So let's turn to our next segment here. Well, there's a project called The Graph, and they came out with some news this past week. We wrote a short story about that. They call themselves the Google of Web3, or they say that people call them the Google of Web3. And the idea is that what they do is they basically look at the data that's on the blockchain and then kind of figure out how to, and then deliver that to protocols or teams and for whatever they need that blockchain data from. It's sort of like, my comment was the opposite of what Chainlink does, which is deliver, you know, stuff data onto the blockchain for protocols that need it. But they came out with this new era roadmap. I mean, a lot of it's pretty technical stuff, you know, it's like features, but they, you know, the line in the story was that this was one of their biggest upgrades since they had a 50 million dollar fundraising last year. And the development team, you know, similar to the decentralization in the previous segment, there's always, there's a development team and then there's the project. The development team is called Edgenone. And we sat down with their CEO, Tegan Klein, who, by the way, I think they said she was going to go on her honeymoon this week. So shout out to you. Congrats, Tegan. But anyway, Margo, you know, you were on this call with Tegan and you wrote up the Q &A. What were kind of your big, big ideas on this? Yeah, I thought it was interesting to hear her talk about like what the graph is, like who they serve, sort of like what entities, what protocols they serve. What I'm still sort of grappling with is like, I understand, like obviously there's a need for decentralizing data, but, you know, we'd asked sort of who her competitors are, who in the space is sort of similar to what she does. And her answer was that there isn't really anyone else in the space that does indexing like they do. Like if they do do indexing, it's something in -house. And so, yes, there's been efforts, I think, which one of, you know, Sam or Brad, you guys can talk about that because I know you have talked to Tegan about that before. But if there's no one else that does the indexing like the graph does, like how much of a hold do they have over organizing data on blockchains, especially because she claims that most of DeFi uses the graph? You know, I think that is a rare position to have in this industry, if that's true. You know, I think we haven't done a ton of reporting on this particular space. I think we're sort of more focused on the blockchain stuff that's kind of infrastructure layer of things and who's winning that race and all the apps. These are, they're kind of one of these middle players. They're not really front -facing, you know, they're sort of B2B in the sense that they're, you know, taking stuff from blockchains and delivery it to kind of like the backend of somebody's website or whatever. But I mean, in general, you know, we're going to get in the next segment, we're going to talk about all the layer twos, you know, that are developing and there's tons of layer one blockchains. But I don't know, that's kind of interesting to have a dominant position in anything in blockchain. It seems like there's tons of competition. I don't know. What do you think, Sam? Yeah, nothing comes to mind that does exactly what they do, which is they serve as a kind of like Chainlink sort of Oracle -ish function, but they're completely on chain. So they aggregate and index data on blockchains so that entities like Chainlink, like Uniswap and so on can use them. But I think that there are some, like I remember reporting on them a while ago and one of the problems that The Graph had and continues to have is just that it's extraordinarily complicated. They have their GRT token, they have these things called subgraphs, this role like indexers. And there's like all of these different, you know, jargon that you find all throughout crypto, but is particularly pronounced on The Graph that some people think is wholly unnecessary and it wouldn't be worth getting into all of it on Coindesk on this podcast, you know, is something that they still haven't been able to fix entirely at the same time. Yeah, I do think that they are somewhat unique in this intersection, but I also noticed that like some of the folks that they mentioned to you, Margo, that they, you know, are partnered with are the same folks that they've mentioned to me over almost like, I think like a year and a half ago when I last wrote about The Graph. So it's like art blocks, which is an NFT project that is really cool, but hasn't like been, you know, super huge in a while. They mentioned Uniswap. I also mentioned them, but if I recall from at least when I was, you know, writing about The Graph, their Uniswap thing is used for Uniswap to display prices on its website. It's not something used in the protocol itself, which is a distinction that might matter. The Graph is like certainly a really exciting project and it is the only one that I'm aware of that's doing, you know, this whole indexing decentralized role. I think that they are still kind of trying to exactly find their place and reach that level of ubiquity that they've wanted for a while. That's really interesting. You know, especially given that these projects that they help haven't really changed over the last two years. And one of the things we had asked her sort of is like, where are these new users that they can cater to? Especially, you know, we're in winter, so where's the growth? Like who are you poaching users from? So that's interesting. Yeah. I mean, to their credit, they did make a big gamble a while ago where they got rid of this centralized, this hosted service that they had, which is more akin to a Web2 service where they would index things and then you would query their own kind of hosted server in order to read off the data. They moved to this decentralized model a while ago and there were questions around whether they'd be able to kind of sustain those operations. And it seems like they have, you know, they really are working in alignment with that whole decentralized crypto ethos in a way that a lot of these sorts of information providers, aggregators aren't. They've had some staying power, at least as a result of that, regardless of whatever their user numbers and partners are. I mean, it's interesting when you were mentioning how technical some of this stuff is. All right. Well, let's take a quick break. And when we come back, we're going to talk about the story of the week. Margo Scoop, Kraken coming out with a layer two. We'll be right back. Calling all developers. Consensus 2024 is happening May 29th through the 31st in Austin, Texas. Experience three days of intensive learning with technical talks, 40 plus expert speakers and 20 or more in -depth workshops, including dedicated half days for Ethereum and Bitcoin. 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A highlight from Victor Marx
"In an unsettled world, knit yourself in truth as you gain the knowledge and skills to meet the challenges of what's to come. Regent University is a Christian community that seeks to honor God and serve people. Christian leadership begins here amongst your professors and alongside your classmates. Find your folks welcome to the Eric Metaxas show sponsored by legacy precious metals there's never been a better time to invest in precious metals visit legacy p .m. investments calm that's legacy p .m. investments calm welcome to the Eric Metaxas show they say it's a thin line between love and line or at least make it a double or triple line but now here's your line jumping host Eric Metaxas let's welcome the hour two I warned you told you that we're gonna have my friend Victor Marx on the program Victor welcome it's hard to describe you I tried in the opening segment but I want to first of all want to say I'm not clear you are one of the first people to be on the scene at the music festival that Hamas attacked on October 7th am I getting that right yeah I would say that's accurate because you were already in Israel what were you doing in Israel at that time no actually we got contacted within 72 hours of the attack and had access and placement and an invitation from an organization there so we you know we jocked up got our team ready flew right in because of the relationships that we have with special operations community and commanders in the IDF and it really gave us access to things that I you know man I wish on one hand I'd never had to see but I know it's a responsibility to share it this this is this is I guess the point Kevin McCullough in our one today shared some things I've shared some things that I have read and heard and I want to talk to you about this now before we do that just to give people background on you you are the president of all things possible ministries you're hard to sum up maybe you can yeah if you can do a little bit of that for us yeah the former US Marine I have a background in martial arts passion is to help set captives free physically emotionally spiritually our organization's been around 20 years now we have a home in Iraq we've done over 130 missions into Iraq Syria northern Iraq northern Africa Southeast Asia we currently have teams in it certainly happened and it's turned into a calling you when did you come to faith Victor yeah I was 1986 June of 86 and I was still in the Marine Corps at the time had a pretty tumultuous background as a child you know I was abused as a kid and tortured and left for dead in a commercial cooler and I guess that's what is the imprint on my soul that never allows me to forget about kids who suffer at the highest level who did that to you Victor it was a the worst of it was a stepfather who ultimately ended up in prison and escaped prison and fled the country they never found him he actually turned himself in so he was a highly educated affluent pedophile and he was in connection with the network of pedophiles and you know sadly I was one of the kids that was a recipient of that and this is why a big part of what you do is rescuing kids from sex trafficking yes we we have a we just started a new division of all things possible ministry it's the pedophile hunter task force and we have acquired the best people that we believe just all tier one top former investigators detectives DA's and we are working diligently here in the US we started it in Southern California which is riddled we're expanding to other states but soon by God's grace and good hard -working men and women who are fearless will our goal is to be in every state in the nation attacking this problem and assisting both state and federal agencies to do really what they're not funded to or don't have the capacity to do and they love our help I obviously I want to talk to you about Israel that's that our main subject today but I want to talk to you about two other things one of them we're people like me I see my role on this program and in other places to help people process things because I am myself trying to process things when you hear about real evil yeah like sexual abuse of children somebody like me who was raised by a loving father and a loving mother who themselves were raised by loving parents it's nearly inconceivable to many people of the evil that is out there and when I talk to somebody like you and I hear about this I feel like part of what's happening in America today is God is allowing us to see the evil that's there he is allowing people like me who have thought that things weren't so bad to see the evil so that we can confront it so that we can so that we can stand against it so we can work against it so we can get serious about what God wants us to get serious about and what you're doing you know you you you've seen this and I think part of part of what's challenging is most people haven't seen this most people don't want to see it I don't want to see it but then you feel a duty just like what you said about Israel that we don't want to think about what was done to people but we sort of have a duty to know some of it and and that's when we're talking about you know child sex trafficking I've been talking a lot about the southern border how this is a moral issue you know the moral issue it's not a whole completely and if churches don't care about child rape why would God care about those churches if you're a Christian in a church that doesn't care that we have sex trafficking being aided and abetted by the US government whether intentionally or unintentionally if you don't see that as a moral issue what do you see anything as a moral issue I can't think of anything more serious than that but but because of the movie sound of freedom and a few other things somehow people are beginning to open their eyes to this and I guess that must give you some hope because you've been aware of this problem for too long yeah and I appreciate you saying that because I think we are in a process of Americans and Christians starting to understand this as a reality you know who's always known it our detectives law enforcement social workers this is the round that they live in and I'll tell you this part of the reason that I believe the church is so what's a good word impotent weak this whole deal is because they're that's why most people who are aware and could make a difference but don't it's because they themselves are involved in levels of darkness and wickedness that they just don't touch they don't publicly do anything and think about it one in three girls will be sexually assaulted by the time she's 18 it's one in five boys males will be sexually assaulted so what what America and the church is starting to accept through like the movie sound of freedom is well it happens other places and there's trafficking networks the hardest thing for people to learn and understand if they really want change in America is it's happening in our homes by families abusing children and trafficking their own kids it this has been known forever in the hood especially among the black community girls will get turned out by their mom put on a front porch and tricked out it's that culture the the dark side of that culture now like we'll use prostitution or trafficking high school boys were trafficking their own girlfriends ten years ago so there's this is why you have the moral decay and you know only fans and which is nothing more than self prostitution it's we're going to a break folks please subscribe to my newsletter at Eric Metaxas calm we send videos these to you you need to share this we need to get the word out Eric Metaxas calm be right back technology is moving so fast it's hard for many churches and nonprofits to keep up with the trends especially when it comes to giving stay ahead of the curve with secure give seven and one giving system with all new features like Auto card updater cryptocurrency giving and tap to give kiosks with Apple pay it's the system that's proven to engage more people in giving and it's all back with their full suite of management tools that enable you to gain insight into your church's giving at a glance but secure give is more than a tech company it's a partner in growing giving and engagement they believe that every church should be fully funded and they want to help you to make that happen empower people to support your church's mission through secure gives seamless integrated all -in -one giving technology visit secure give comm slash Metaxas today to get six months of free software to see why secure give is the trusted giving solution again get six months of free software when you go to secure give comm slash Metaxas secure give comm slash Metaxas legacy precious metals has a revolutionary new online platform that allows you to invest in real gold and silver online in a few easy steps you can open an account online select your metals of choice and choose to have them stored in a vault or ship to your door you have access to a dashboard where you can track your portfolio growth in real time anytime you'll see transparent pricing on each coin and bar this puts you in complete control of your money the platform is free to sign up for visit legacy PM investments .com and open your account and see this new investing platform for yourself gold hedges against inflation and against the volatile stock market a true diversified portfolio isn't just more stocks and bonds but different asset classes this new platform allows you to make investments in gold and silver no matter how small or large with a few clicks visit legacy PM investments .com to get started you're gonna love this free new tool they've added legacy PM investments dot com legacy PM investments .com check it out the most anticipated rock holiday tradition returns trans Siberian Orchestra live in concert coming to a city near you legendary blend of rock classical and holiday music for the entire family don't miss trans Siberian Orchestra live in concert the ghosts of Christmas Eve go to tso tickets .com for info the most anticipated rock holiday tradition returns trans Siberian Orchestra live in concert coming to a city near you legendary blend of rock classical and holiday music for the entire family don't miss trans Siberian Orchestra live in concert the ghosts of Christmas Eve go to tso tickets .com for info beyond the sea welcome back talking to victor marks president of all things possible ministries victor we're talking about some dark stuff but you've been in this and you know I want to ask you how do you deal with this in your own soul dealing with this darkness with this evil my guess is that by doing good it gives you hope that you're you're in the middle of it and and you've been in the middle of it for such a long time but most people as I say most people don't kind of don't want to know about this and you you were saying earlier that you think a lot of people in churches are morally compromised and they they just don't want to they don't want to rock the boat yeah it's a great question and I've been asked that a number of times especially just coming back from Israel and seeing what I have and done and you know you spoke at dr.
A highlight from Grand Theft Auto 6 is coming! | Mass Effect Teaser Trailers | Legend of Zelda movie | Spiderman is Spiderman #424
"We're live, what's up everybody this is Karrick with ACG and I'm here with Abzi4, the best gaming podcast number... four, two, four, four hundred and twenty four man. How many have you been on? How many podcasts have you been on? Probably. Do you mean like since I became a co -host? Yeah, since you started. Even if you had the old ones. Or the Patreon? Because you were on a bunch in the first, you know, you jumped in. I remember back in 2018 we did a bunch of, we did game awards and shit. We did a bunch of, you know, events and stuff like that. We did a bunch of E3s. I hopped on a bunch of, a couple internationals. The first one I ever did was just a Patreon one, which was really fun. That's when I, do you realize, there's two games I always talk about and it's Near and Those two games were recommended by you in that first Patreon podcast. That's how I found out about them. That's how long you've been doing them? They were in the original Patreon podcast? They're in the original Patreon podcast and then, yeah, before I became a co -host, yeah, I feel like I come on like twenty, thirty times or something and then ever since then it's been every week, right? Yeah, I think you were on probably the most out of, you know, like the people who come on and join. I think you were on the most before and that you and Johnny was on quite a bit, which is why we, I was like a regular, you know, just like coming in sometimes and yep, coming in hot. What's up? Everybody in chat? People are asking about the ads. Are they real? No, those are, I mean, manscraper. Come on, man. Come on, bro. Those ain't real. That would be, that would be ridiculous. Well, you know what? These days. Josh L, $2 Super Chat. Will Gilf Island have microtransactions? Yeah. See, if you know that sometimes YouTubers make games, if I made a game, it would be Gilf Island and it would be a point and click like Leisure Suit Larry, but with just grandmothers, just hockey island, but like Monkey Island, but half Gilf Hot Gilf's. Yeah, be Gilf Island. What's the, so, so do you have like a distinction between Gilf and, and Cougar or, yeah, see, that's, that's the thing. I personally, I think Cougar's just replaced the number of kids you may have had. So Cougar doesn't matter if you've had kids where Gilf is like grandmother, you know. You have to be a grandmother. Yeah. You have to be a grandmother. So even if you were like a 40 year old grandmother, you'd be a Gilf. You would be a Gilf. Yeah. Technically. But again, we're changing all the slang. So who knows? If there's like an 18 year old with a, with a, that has a son or a daughter, she'd be a MILF. That doesn't sit well. She would. It doesn't sit well. It doesn't sit well. It does. It doesn't sit well when you look at like how we've changed. Like the way we. MILF has to be at least 40, you know. Yeah, right. Exactly. Because at some point you're getting into, well, not into creep zone, especially if you're 20 and that person's 20, but it's still, it's a little weird. Right. Yeah. Sup everybody. Thank you for joining us. We're going to be talking about GTA 6 and the announcement of an announcement. I got to tell you, I just did this on Twitter. I just said, okay. Cause they said, you know, we're, we're happy to announce that at some point we'll have an announcement. And I was just like, come on guys. Do you think they're going to do in game awards? They never do that. They don't. They don't. Rockstar doesn't want to share the rock, rockstar is big enough to not share the limelight with E3. Yeah. They could literally just release a YouTube video and it'll be good, man. Right. Yeah. So I don't know, but it could be, it would be a big get for the game awards to have the big first ever get for the game awards, not for rockstar. They don't need that publicity. Exactly. No. In fact, it would be in a way worse because I know a lot of people who aren't going to watch and aren't interested at all in the game awards. So it's like, you know, there'll be parsing out. We even do that sometimes where we parse out trailers after an event. Yeah. So, yeah. But I mean, they said there was going to be an announcement of announcement what for the last six months we've seen leaked data on it. What did you think? Have you seen some of the leaked, um, like our footage? Yeah. Yeah. Yeah. She has a fucking ass joy dude. I noticed that as well, I was like that's that's a interrupt those pain. Those pants are tight. Yeah. That's all I got from that. But. That's all you got. Not yet. It's not that I didn't. All I saw was like the Ba -Donca game over there. Like I didn't I didn't really. You know, I didn't really want to look at too many leaks. Yeah. Right? On why I just just went on. Um, it was just a game in progress. Like, didn't they go after a leaker? Probably, yeah, yeah, they did. Actually, they did. They did. But you know, with Rockstar, especially, you know that it's like a spoiler for a trailer, you know what I mean? Yeah, you know, like it's, it's just, it's, it's a Rockstar game, dude. It's, you know, doesn't happen that many. Yeah, you don't want to really, um, we'll put the GTA five thing there. Well, um, I think overall, I don't really want to see too much because like we were talking earlier, I asked everybody what they wanted to see from GTA five or GTA six. And dude, I would never want to be a developer. The ideas that everybody came up with were so cross in cahoots, like they wouldn't work together, you know, people saying I want a four by somebody else said I wanted a strategy. Somebody else said I want Anarchy and a deep characterization. The other person said I want deep customization and no, I want to be the character which I get both of those. I understand both of those sides, but it was I was reading it just going, dude, seriously, if you were a dev and you were reading the thought process on that, you'd be like, we're fucked. No one. Dude, imagine, man, being a dev must suck ass because your customers are gamers, man. Yeah, it's got to be the worst. It's got to be rough because they're and there are gamers who are embedded in GTA to the point of being like, yeah. Okay. For example, we had a big discussion yesterday. I said every announcements been about two years, so they show it and then they announce it and I said one of the reasons why I thought this would make sense for another two years is because they've got to tell people quit buying shit in GTA 4 or GTA 5. Sorry. They've got to do the thing where they don't say it, but they're like just so, you know, GTA 6 is coming. So you might want to not spend a hundred K and GTA 5 and shark cards, but it's like I don't quite know, you know, how they're going to handle that how they're going to say online. Did they release something new for shark tard shark tards? Sorry shark cards. I don't know. I don't know. I cuz oh, go ahead. I don't know. I don't know if you'd agree with me on this. So it'd be nice obviously to like transfer stuff, you know what I mean? Yep, but at the same time dude, it's a new game and you already this is the game you chose to spend. It's like, you know, I mean, it's a the games are not like a year apart. You know what I mean? They're like they're like what like 10 years apart, right? It's just a whole new. I mean, I don't see, you know, if they if they were like, hey, we noticed that your account had like this character with that much shit and you know, we're going to give you a little booster going to give you some stuff that be cool for them, but I'm at the same time. I'd be I mean, I haven't paid much, you know, I don't I wonder what how they would feel but I feel like, you know, it wouldn't be a big deal if they were just like, yeah, this is just a new game start start from scratch, right? I don't know if you'd agree with that or not. Yeah, I think it's diminishing. They'll do a diminishing refund where they're like if you had a hundred thousand you get a thousand if you had a million points of things bought you get five thousand, you know, they'll be a percentage maybe but that's why I think the two years make sense. You announce it now you got two years and you're really telling people behind the scenes. Hey, listen, man in two years GTA 6 is going to be at but GTA 5 isn't going to go away. It didn't go away with red. It's not thank God. But yeah, and gta4 didn't go away and gta4 didn't go away. I mean, well, I don't know what there is in GTA. Is there even an online though and gta4 fucking okay. Yeah, I don't think there is but I don't think what gta5 they would close it down. I just think they'll yeah, they might have a diminishing, you know, return kind of thing where they look at a percentage. Yeah, because otherwise dude, it's a lot the Shrike $5 stupid. I just lost my left bullet using my lawnmower to shave my nuts lawyers details, please. Oh for the for the man scraper commercial. Yeah, I think when you look at like GTA 6 man, what I want to see is want to see a larger world in size a bigger city and then bigger out of bounds. I don't need three cities. People are talking about multiple cities. I don't think it needs to be just cause either. I just wouldn't like to because GTA 5 is good, but you can cover GTA 5 pretty quick. I did the walk in the walk and you can walk to one edge the other pretty quickly not quickly and like, you know what I mean in game, you know, sure. Yeah, it's not eight hours. What are you what I'm wondering about as well. Well, it's always Rockstar there, you know, they're going to like push the push it even more. But what I was wondering I always wonder about this Red Dead. They were able to do what they did with the Red Dead because it's not a fully developed world. So every single NPC you me has his own scripting and and you can talk to them and they react and there's so much detail in that and then like encounters that might happen. Now. I'm sure encounters can definitely happen and GTA but I wonder I wonder if they're going to hate have scripting for every sink dude, like there's no way right like it's super populated. I get it's a city. There's no way they're going to script maybe they're going to do some crazy tech voodoo smart shit where they do some like AI scripting, you know, what I mean or something like that, but I don't see them, you know, but but it'd be it'd be awesome man. If GTA on the scale that it is had the same type of detail and and and density has read that that'd be that be insane man. And I always wonder about that. Like like what what direction maybe they're just too completely there two completely different games going two completely different routes, you know what I mean? So I don't know. I mean, it'll be the first ones based on SSD and NVMe. Yeah, so my personal opinion is they'll do a lot of loading behind the scenes NPCs. They'll do what Ubisoft does where they you know, they sample less scripting for the farther out the end of the guy is and so you're up close guys. There is a lot going on but looking at the footage here. There's a lot of places in GTA 5 where there isn't a ton of traffic and people and then depending on the time frame depending on the city. There is a lot I think they can probably do something that's very close to Red Dead plus a lot of cheats. They're going to have a ton of cheats. Yeah, 100 percent Legion had a ton of really good despite anybody's love or hate for Watchdogs Legion. If you watch their GDCs, they had some really smart ways of basically having one person sort of running a group of people and and it was like using their senses instead of everybody's and then informing others and sort of like fear did with its with its AI and stuff. I mean, I'm sure they're going to be able to work it out. It is over. They'll definitely have some cool stuff because of the new consoles. I mean base PS5 base Xbox series S and X they can do a lot with those is this so Red Dead came out 2018. That was almost that was like towards the end of the console life cycle. I believe now we're in the middle of it and it's interesting because even GTA GTA was at the very very they pushed the shit out of those systems. Remember Xbox 360 PS 3 like that was at the very very end the cusp. So it's interesting. This is going to be the first well, maybe I don't know how they usually they announce a game and then and then release it like a couple months later, right? So I'm assuming that it's going to be released 2024. Well, all GTA's have had two years exactly after announcement. Yeah, I looked my spot. Yeah. Yeah. They delayed GTA 5 by a couple months, but it was okay. Yeah, they so for with like two years to your two years two years and GTA I think for that probably makes sense because it also gives you some room to sort of identify where you are. Also, if you look at the alphas, dude, they're not very good. So we're seeing footage that I assume is somewhat current when people leak it. Yeah, that's got a long ways to go and a long ways in Rockstar terms, of course, is different than everybody else, but they could do it at the end of 2024. But I think more like or sorry, starting in 2025, the end of 2024, but I think it'll be probably end of 2025 or 2026. How Red Dead was released a couple months after, right? Right. A couple months after what? The announcement. Yeah, see that one I didn't track because Red Dead was, Red Dead was leaked many years prior. So I don't know. Yeah, I don't. Yeah. I mean, we've all we and we knew just we know about GTA 6 until today. They didn't announce it, but we knew it was being made too. So it is. And we knew GTA 4 was being made. I'm thinking of the deep dive trailers, you know, when they when they like when they released the Red Dead deep dive. Yeah. When they did like the 20 minute or 30 minute, like this is the game mechanics this way, you'd be that that was close to release. So maybe maybe they did like a teaser way before for sure. I mean, I'm excited whenever it could come out tomorrow and I would play it, it come out in two years and I could play it come out four years and I play it. I do also think that they've talked about not punching down in humor and all that stuff, which I think is really weird because that's sort of that's sort of what it's known for and why I think a lot of people there's a little bit of like cathartic kind of, you know, just like some of the stuff you would never say, but these characters say and so you find it funny like a comedian who's edgy or what we know for sure. Yeah, so I want to see how they're going to handle that how they're going to handle characterization of those two characters. Sicilian Gamer, $5 Super Chat thoughts on Boogie documentary. He spent $200 on prostitutes instead of his mortgage. Oh, God. What is Boogie? Boogie has been on a spiral since who's for a while now. Is Boogie the fat guy? He's heavyset and he did a lot of Xbox stuff. He did. I think he had like he was one guy from Xbox come over. Yeah. It was known for his like character that likes to drink a lot of I think Mountain Dew as you drink Mountain Dew. Francis. Francis. Flipping up the table thing. That shit, that shit. But then he went into like this whole rabbit hole of depression and I don't know. I think he's mentally unwell or something. So yeah, I don't know what's going on with that. Yeah. I personally would just say I don't like documentaries on people anyway, like everybody's personal life like everybody loves to pretend they're perfect in the real world. No one is. For sure. Never met anybody in my life and I mean that's what I did for you. Instagram filters. Instagram filter of life, right? So it's like I just don't care and I would never watch it like. You know there are like full on studios that would that would like that's where like there's full on studios and I know that like some of my some I have like friends who are Instagram like you know e -girls and shit and they tell me like they take they take a picture in Instagram like they're on they're in a private jet or like on the boat with that's all fake. Yeah, it's all that's all fake. Yeah. Yeah, it's all fake. It's it's yeah. Yeah here there's a guy who rents out his jet for Instagram models. So he'll rent out the jet. Yeah, they're coming to the tarmac take photos. Yeah. Yeah, and literally literally there's there's a lot of a lot of jet owners or speedboat owners or boats or yachts or whatever they say people just want to go there take videos with them. Like like fucking opening champagne and shit and ruining dirtying up their whole oh God the world. Yeah, I hate it. Number one says Red Dead 2 reveal was also two years prior to release. So yeah, you were probably thinking of those deep dives. I don't track that too much. I only do with GTA.
A highlight from BITCOIN'S NEXT MOVE & 2024 & 2025 Price Predictions with Caleb Franzen
"Is very strong for Bitcoin. And if Bitcoin is strong, as we all know, that creates a massive ripple effect throughout the entire kind of crypto ecosystem where good things can happen at the very least. This content is brought to you by Uphold, which makes crypto investing easy. I've been a user of Uphold since 2018, so I trust this platform and I can vouch for it. They have a full functional app, a full functional website, and they carry Bitcoin and all the top altcoins, including stablecoins. You can also trade precious metals on this platform and as well as 37 fiat currencies. So Uphold is available in over 150 countries and they are a safe platform. They have full reserve of customer assets. They don't commingle or lend your funds out and they provide audits of their reserves. So it's a safe platform and I trust it, I vouch for it, and I've interviewed the CEO, the CFO, and other representatives of the company. So if you'd like to learn more about Uphold, please visit the link in the description. Welcome to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. With me today is Caleb Franzen, who's the founder of Cubic Analytics. Caleb, it's great to have you back on. Tony, good to see you, man. I think the last time we were here was back in April, I want to say. So six, seven months ago is a good recurring basis to get back together and talk markets, man. Yeah, absolutely, man. And you provide some valuable insights in your newsletter as well as on Twitter or X, as Elon would call it now. So I've been following you and appreciate your insights. So I wanted to get you on here to go a bit deeper and talk about what's the outlook for Bitcoin in the short term as well as long -term and some of the top altcoins. What are your thoughts on the recent rally and do you expect Bitcoin to go a bit higher? Things are looking pretty solid. I think at the beginning of the year, I started out a little bit towards the doom and gloom side. But one of the things that I said was regardless of what was going to be happening in the markets this year, I was going to be buying assets. I was going to be buying equities. I was going to be buying Bitcoin. And that's exactly what I've been doing pretty much all year. Back in January, something very important happened, and that was the price of Bitcoin got above the short -term holder realized price, which is basically the short -term cost basis of all Bitcoin that has been transacted within a six -month window. And historically, that's always a bull market signal. If price can get above the short -term holder realized price and stay above that level, good things tend to happen. Every bull market in Bitcoin's history is characterized by that one simple fact. Then a bunch of other bullish signals happened thereafter. And so piece by piece, indicator by indicator, we've been stacking bullish evidence. And now we actually have the fundamentals to really back this up. We have the halving, which is basically 160 days away. We have spot ETFs that are basically, I truly believe plural, are going to be getting approved likely in a blanket approval process. And then if my macro outlook is on track, we're going to have continued disinflation, which is likely going to be bullish for assets across the board. I think it already has been very bullish this year. Look at the stock market, look at Bitcoin, look at Ethereum, so on and so forth. But if that disinflation continues, as I look forward, I've been referring to it as non -recessionary or disinflationary rate cuts beginning in the third quarter of next year. At this point, I'm not willing to entertain rate cuts before then. But my thesis right now is that the Fed will start to do a total of 100 to 250 basis points worth of cuts. If they do that from a pause of 5 .33%, we're really going to have still tight rates, still high real federal funds rate, real interest rates, so on and so forth, but just less restrictive than if they continue to pause. And so I think the Fed is recognizing that. They're not openly admitting it yet, because they're still using their rhetoric and forward guidance as a policy tool. That's one of the big benefits that they have. They can forecast to the market, even if they're kind of fibbing, or they want to maintain maximum flexibility. And so they're giving themselves a long leash with a lot of slack. And so, man, I'm feeling very optimistic about Bitcoin, especially right now. I've recently started buying Bitcoin mining stocks. Once again, I was trading those at the beginning of the year with a lot, a lot of success. And now I'm really kind of viewing this as a six to 12 -month thesis for the miners. So I'm basically going to be DC 'ing into those over the next two months, probably daily. And so I'm feeling very optimistic about things right now. So I'm happy to kind of take that wherever you want, but that's kind of my baseline. Yeah. And great points you brought up and with the macro and the Fed and their narratives and things they're doing. And it seems, to your point, that they are officially paused. Now, there's always the possibility that they could raise, but it seems like they're officially paused. And as you mentioned, with the halving coming up, the Bitcoin spot ETF approvals around the corner, certainly a bullish time. So if you can share the Bitcoin chart and tell us what you're seeing for the short term. Some people are saying, hey, this is a start to the run up to new all -time highs. Some are saying, hey, this is like a 2019 move. A retracement will probably hit a certain Fibonacci level and then roll over. And then the slow steady grind to new all -time highs in 2025. What's your thoughts and thesis around that? So here's Bitcoin. And one of the things that I like to use, I don't rely on the exponential moving average specifically, and I don't look at the simple moving average specifically. So something I'm trying to kind of shine more light on is something that I'm calling the 200 -day moving average cloud. So I'm combining both of them. The EMA is shown in teal, and the SMA is shown in yellow. And we could see very clearly, this has been a strong level of both dynamic support and resistance. In my opinion, so long as we stay above this level, good things happen. We've been able to stay above it now after a brief consolidation below. You can see in several cases here, we actually used it as resistance, flipped it into support, taking off. So this is very optimistic kind of price structure overall. And now we've really kind of cleared through this range as well. This was a level that I was highlighting back in January, actually, when we got above the 200 -day moving average cloud, saying, now we need to focus on the next level of structural resistance. So I was calling for this range even above 25 ,000 going all the way up to 30K back then. And we ticked it a couple of times, and we've sold off since then. So now we're back above it. It's now valid potential support. And so I continue to think so long as we stay above this level, which is basically from 31 ,000 all the way to 32 .8K, we could see price rebound here for sure. But overall, this chart looks fantastic. One of the things that I mentioned earlier was this short -term holder realized price. And so as we look at the dynamics right now with respect to the short -term holder realized price, it also looks very similar to what we're seeing on that 200 -day moving average cloud. We flipped it into resistance. We had the breakout here, support, support, temporary breakdown here. This was a bit of a concern for me. But so long as we're back above it, I think we can be very, very optimistic. And so one of the things that I say about my approach personally is that I always try to stay dynamic and flexible based on the data and the chart in front of me. So if we fall below the short -term holder realized price, you're going to see me on podcasts. You're going to see me on Twitter sounding a little bit more defensive, not necessarily bearish, but willing to be patient and willing to kind of consider downside scenarios. If we stay above this level, I'm going to be coming on these shows saying, we're going higher, we're going higher, we're going higher. This is bullish price structure because it is. So that thesis might be wrong. Things can change. Markets are dynamic. We don't know what the future holds. So it's really important to kind of have, first of all, levels of invalidation and places that we can kind of stay dynamic based on data, based on indicators and based on statistics. And so as I look at this right now, I also want to highlight one other fact, which is that this short -term holder realized price, look at the slope of it. So in terms of the rate of change, that red level is grinding higher and higher. That is generally emblematic of a bull market because it indicates that short -term holders increasing are their cost basis over the past six months. And that's what you want to see in a bull market is people continuing to bid, continuing to bid, price grind higher, people keep bidding, and that short -term holder realized price steadily moves higher. If we look at something like the long -term holder realized price, we see almost the exact same dynamic taking place. It's much flatter. But if we really kind of zoom in on this level, and let's actually even go a little bit closer, we can see now that this is really starting to tick higher basically since August and September, right? So as this long -term holder realized price also starts to grind higher, again, this is very bullish for the long term. The last chart that I'll share with Bitcoin is I mentioned this 200 -day moving average cloud, but the one for me that's the most important is this 200 -week moving average cloud. So basically the exact same indicator, and we're solidly above that. Once again, I outlined this as a price target in January 25 ,000 and said, if we can get above there, it'll be very bullish. Sure enough, we broke above and we flipped it into support now several times. We've been writing this 200 -week moving average cloud as almost perfect support. We haven't closed below it all the way since March of this year before the banking crisis, right? So the fact that this is still working as dynamic support and it also has a positive slash rising slope is very strong for Bitcoin. And if Bitcoin is strong, as we all know, that creates a massive ripple effect throughout the entire kind of crypto ecosystem where good things can happen at the very least. I'll just leave it at that. And so I think whether or not you're someone who leans towards being a Bitcoin maximalist, whether you're a short -term trader, whether you're solely focused on investing in altcoins, you have to be watching these Bitcoin charts. And at the very least, they're all showing us bullish dynamics right now. So as far as I'm concerned, this looks fantastic. So do you see the move upwards similar to 2016 or a 2019 to 2020 type scenario? I know it's hard to predict that because like you said, the market's dynamic and we have to wait as the data comes in. But what does your gut tell you? Because as we discussed, we have these narratives, these strong narratives like the Bitcoin halving and as well as the Bitcoin bodies, which could send the price a little parabolic, maybe not to new all -time highs in the immediate, but in the short term, a strong move up. This cycle, in my opinion, is very different than prior cycles. I still expect to see the halving have a very similar effect. Everyone who I talk to, even people who are in the crypto ecosystem, a lot of people are dismissing the impact of the halving. And someone asked me recently like, based your on thesis with the halving, with these non -recessionary rate cuts, with the spot ETF approvals, doesn't everybody know all of this? Isn't this already priced in? And I was saying, I don't think it is because everyone is talking about, oh, the halving isn't going to have as much of an impact as it had in the past, if any impact at all. People are debating if the halving is even a useful indicator for price or a catalyst for price. Everyone knows about the spot ETFs, but a lot of people aren't really sure. I saw someone recently talking about, hey, Canada has had a spot ETF for over a year. How come that hasn't created? So even still, there's all this concern about whether or not the spot ETFs are going to have a catalyst for moving higher. And I don't really think too many people are talking about non -recessionary rate cuts in the third quarter of next year. So in my opinion, not much of this is really priced in yet. And I think one of the big kind of takeaways, so let me just tie this back into your question, which is what kind of cycle does this mimic or mirror? If I would pick any of them, I would say 2019, just because the risk of a recession is still there. So if we think back to 2019, we bottomed in December of 2018, and we started to move higher from there. And then COVID happened. We have some exogenous recession, which brought price down significantly. We fell from over 10 ,000 back down to 3 ,500. We could still have one of those scenarios. So I don't want people watching this to just hear me come on here and just sound like it's up only from here. We still have to consider downside scenarios. And so I would say maybe 2019 is most similar. But in the event that we can avoid that recession, get those disinflationary rate cuts, and then we have the halving catalyst plus spot ETFs coming online, I think one of the big takeaways that I had from that whole coin telegraph debacle was that we had a $5 ,000 candle in 15 minutes on unverified news. And so the thing I've been encouraging people to think about and ask this question is how does price react to an SEC press release, if not a press conference, about spot ETF blanket approvals? How does the market react to, in a sustained manner, to verified news about this getting approved? How does the market react to BlackRock really coming on TV every week, every month, pounding the table on Bitcoin, advertising, calling up wealth management shops, the whole nine yards? I mean, I used to work in wealth management. We used to get hounded all the time by these ETF companies and their sales reps to talk about their products. They wanted to take you out for lunch, this, that, and the other. So what does that look like with BlackRock, with Valkyrie, with ARK, with Wisdom Tree, with all of these companies coming out promoting their spot Bitcoin ETFs? And so if we had like, let me tie this back now because I'm going on my soapbox tangent because I get so excited. If we had a $5 ,000 candle in 15 minutes, genuinely ask yourself, what does that market environment look like when we get a formal announcement, press releases from the SEC, press releases from BlackRock and all these ETFs, so on and so forth in a sustained manner? And so I think if and when that does happen, this market environment, or that market environment is going to look completely unlike what we've ever seen in the past. Yeah, it's a good point. I've been also thinking about that. Once that news goes live, what's going to happen, right? It's going to be euphoria, people are going to go a bit nuts, but also in the back of my mind, I'm cautiously optimistic because I see in the macro, look, the stock market doesn't look that strong. It looks a little bearish. In addition, you have these economic factors where debt is at an all time high, not just for the government, but for consumers, credit card, and it seems like something's going to break. I'm not saying I want that to happen. It's just, it feels very 2008 -ish, not with the housing market, but personal consumers and their credit card debt and car loans and so forth. So I'm like, how can these two things be running in parallel? But maybe like you said, it's a completely different time. The Fed and the central banks can print money and artificially inflate certain things where they can inject money behind the scenes. I don't know, but this is where all my thoughts are. And I'm like, hmm, I don't know what's going to happen next. It's tumultuous for sure, right? And I think generally I had a very defensive kind of outlook on what macro was going to be this year. And I think everyone, regardless of what their preconceived notions were going into the beginning of the year, should be pleasantly surprised at the resilient nature of the economy, of the labor market, of the US consumer. You talk about consumer debt, but what most people don't do is divide that consumer debt by personal disposable income. And that level is at historic lows, right? It's certainly creeping up higher, but on a relative basis, relative to income, that debt is very, very manageable, actually. And I saw so many headlines about this a couple of months ago about consumer credit cards crossing $1 trillion in balances. There's still well over $2 .5 trillion in unused credit card amounts. So basically, these consumers have the ability to tap into much, much more credit if they actually wanted to and needed to. And so the fact that we're simply at a trillion in and of itself is not reflective of a negative economic environment from my perspective. And look, I'm someone who used to be a hardcore gold bug. I used to be a massive advocate of Peter Schiff and what he used to talk about. And so I used to be extremely concerned about things like deficits and credit and the Fed's money printing until you realize that it really doesn't create actionable investment advice. And at the end of the day, I think you have to ask yourself and look in the mirror, are we here to be right or are we here to make money? And so if you're a trader, you're certainly looking to be both. If you're going to make money, you almost intrinsically have to be right. But I think if you're going to have your focus be on macro, I see so many people who have really pigeonholed themselves into a corner about being very bearish. And it's that classic phrase about the broken clock can be right twice a day. And eventually, those people will be proven correct. We are certainly going to have a recession. It's just a matter of does that recession happen six months, 12 months, 24 months or 36 months down the line? And if it does happen somehow 36 months down the line, what do asset markets do over the next 36 months? So what, are you going to stay sidelined for the next 36 months because you think a recession is coming? I mean, be my guest. That's not how I'm going to invest and allocate my personal portfolio. So for me, I stopped paying as much attention to that. And I started kind of approaching it from almost like a first principles perspective and kind of diving a little bit deeper into these numbers and starting to realize those talking points are exactly that. They're bearish macro doomer talking points. But again, I don't think that they actually provide actionable sound investment advice, I guess you could say. Yeah. And that's a great point, Caleb, because I look back at 2020 when the economy got shut down, yet markets were pumping. I mean, it's almost surreal, right? When you think about it, stock market was going crazy, Bitcoin and the crypto market was going crazy in a period where there was panic, fear and shutdown, right? So to your point, yes, those things exist, but you can't focus too much on them and there's not usually that many actionable items from them. Sure. And I think the biggest takeaway from this mini conversation that we're having here on macro is it's really important to remember, and I've talked about this in the past, the stock market is not the economy.
A highlight from 1454: How Much Will 1 Bitcoin be Worth By 2025? - Fidelity
"In today's show, I'll be breaking down the latest Bitcoin technical analysis, as we're currently pumping, looking to retest 36 G's baby. And quoting the high priest of Bitcoin, Max Keiser, Bitcoin separates money from the state, defund monarchy, defund the central banks, Bitcoin fixes this. He also predicts rate cuts will boost Bitcoin to his $220 ,000 target, send it, let's freaking go. Also breaking news, Bitcoin ordinals see a resurgence on the Binance listing, we'll also be discussing Caitlin Long's Custodia Bank officially launches her Bitcoin custody platform, as well as Hong Kong is now considering crypto ETFs as part of an effort to become the leading digital asset hub. I'll be breaking down this latest report, as well as the latest regarding Bitcoin ETFs and the fresh surge of capital incoming. We're also going to be discussing one of the largest asset managers in the world, which is Fidelity, currently with four and a half trillion in assets under management, exactly how much one Bitcoin will be worth by the year 2025, according to their head of macro, Jerry and Timur. Now that we have had a new price pump, this is a brand new prediction I have never shared before. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's crypto news alerts .net. Welcome everyone. This is podcast episode number 1454. I'm your host JV and today is November 7th, 2023. We have lots to cover. Let's kick it off with our market watch as we do each and every day. As you can see on your screen, we got Bitcoin back in the green, looking to retest 36 ,000 and creeping towards that target while Ethereum, BNB and XRP are currently pulling back and in the red. And checking out coinmarketcap .com, the current crypto market cap is on the climb as well at 1 .34 trillion dollars with roughly 45 and a half billion in volume in the past 24 hours. The Bitcoin dominance a little on the decline here today at 51 .8 % and the Ether dominance has been dropping as well, currently at 17 % even. I'd love for you to tell me in that chat, how high do you feel this Bitcoin dominance is likely to climb for this cycle peak? Let me know. And checking out the top 100 crypto gainers of the past 24 hours, we got the trust wallet token leading the pack up 9 % trading at $1 .79, followed by Solana up 9 % trading at 44 bucks, followed by Kronos up almost 8 % trading just under 8 cents and checking out crypto bubbles so we can see the top 100 gainers of the past week. Kind of a lot in the red right now, but we do have a handful in the green as well. BNTWT up 9 % and PLS up 6 .4 % and TON up 6 .7 % with the biggest loser being WeMixed down almost 19 % and checking out one of my favorite indicators, the crypto greed and fear index shows we're currently rated a 68 in greed yesterday was a 74 last week a 66 and last month a 50 dead in the middle, which is neutral. So there you have it, fam. How many of you are currently bullish on that king crypto? Please let me know in that live chat. So let's just kick it off into high gear and let's break down today's Bitcoin technical analysis. Check out the charts where the Bitcoin price action is likely to go next. So here we go. Check it out. You're looking at the Bitcoin one hour candle chart here. Bitcoin fell towards 34 .5 November 7th as analysts attention turned to mushrooming the open interest data from coin Telegraph and trading view showed Bitcoin struggling to reclaim 35 ,000 to support Bitcoin lacked clear direction into the Wall Street open, but market participants predicted the volatility would soon return. The reason they said was a sharp increase in open interest on derivative markets, quitting them here, almost 10 ,000 BTC worth 350 million in open interest added today, according to financial commentator Ted talks macro now coin Telegraph open interest reaching elevated levels has coincided with bouts of volatility in the recent months. Current levels total nearly 15 and a half billion at this time. And James van Stratton research and data analysts at crypto insights crypto slate described the fluctuations as noticeable, quitting him here. The CME exchange preferred by institutional investors has achieved a new record in open interest with 105 ,000 BTC contracts open valid at $3 .68 billion. Finance has edged past this figure would open interest of approximately 113 ,500 BTC. This trend points to increasing involvement in Bitcoin futures, hinting at either a positive shift in the market mood or a move towards protective strategies by the investors. Now the sense of uncertainty over how the open interest phenomenon would play out was shared by J .A. Martin, a contributor of on -chain analytics platform crypto quant as he shares here on X Bitcoin on the low timeframe. The open interest on Bitcoin futures is ramping up. Certain apes are taken significant positions, but it is unclear to me whether they're going to short or too long. Now in his analysis, he suggests the open interest was now in a territory that had previously seen 20 % of the Bitcoin price drawdowns, quitting him here historically, whenever this metric surpassed 12 .2 billion, it resulted in a minimum 20 % decline of the Bitcoin price. That interest open deserved significant attention. Now continuing this current pump, we have 36 ,000, which I think we're likely to retest here shortly as we started pumping right before I went live. According to school analytics, Bitcoin's looking like a short covering bounce here. Some open interest is coming off the lows here too. Word up and good to note. And going back here, let's see what other analysts we can quote here. We also have material indicators who shared the following. Calling a local top at 36 ,000 doesn't mean 36 ,000 is off the table this year. But the metrics I'm looking at indicate that at the very least it is off the table for this week. He says that call also doesn't mean the price will free fall back to the prior 25, 28, five range. But if a bull breakout isn't validated for this month, that range low is critical. So there you have it. I disagree with this analyst. Clearly, we're pumping right now and I feel we're likely to retest 36 ,000 potentially here today. We shall soon see. And quoting Max Keiser, the high priest of Bitcoin, he says, Bitcoin separates money and all that gold from the state, defund monarchy, defund the central banks. Bitcoin fixes this and he's responding to this news here. The king delivers the king's speech from the throne in the House of Lords chamber. The speech is written by the government and sets out the legislative agenda for the new session. Max Keiser also wrote here in regards to this tweet, the Fed doesn't want to talk about rate cuts, but Wall Street is sniffing out an increasing likelihood of just that. Six months ago, if the economy had fallen off the cliff, the Fed's hands were tied and it couldn't cut rates. Well, now it can. And Max Keiser responded, the rate cuts will boost Bitcoin to my 220 ,000 dollar target for sure. We'll send it and let's freaking go. Let's dive into our next story of the day and discuss the latest with Bitcoin ordinals, which is their NFTs. How many of you have actually experimented or used Bitcoin ordinals before? Please do let me know. Ordinals is a BRC20 token collection minted on the Bitcoin blockchain, which surged 80 or sorry, 40 percent in the past 24 hours to $10 .19 after listing on the crypto exchange Binance. And according to Binance's November 7th announcement, traders can now trade ordinals against Tether. Now, Bitcoin and the Turkish lira as well, Binance claims that it did not charge developers any listing fees for the already token and that withdrawals will now open November 8th as part of the initial incentives. The first 1000 users who deposit at least 72 already to the exchange receive 50 USDT trading rebate voucher, quoting them here already is a relatively new token that poses a higher than normal risk and as such will likely be subject to high price volatility. Word up. Now, the Bitcoin ordinals is a numbering system that assigns a unique number to each individual Satoshi or one 100 million of a Bitcoin, enabling tracking and transfer and combined with the inscription process, which adds an additional layer of data to each Satoshi. This allows users to make unique digital assets on the digital Bitcoin blockchain. The current token listed on Binance already is not associated with developers of Bitcoin ordinals. Good to note. Invented by Web3 developer Rod or more in January, BRC20 tokens have surged in popularity of one of the largest technological advancements in a 15 year old block chain. Now, self custody wallet providers such as BitKeep now BitGet Wallet have enabled BRC20 token deposits as well as withdrawals since June. The total market cap of BRC20 tokens currently stands at one point three four billion dollars. So there you have it. Hi, fam. Let's dive into our next story of the day and discuss the latest with Custodia Bank now offering Bitcoin custodial services. This is actually pretty cool. And this is Caitlin Long's company. By the way, she's also very bullish on BTC Custodia Bank, a crypto friendly bank founded by Bitcoin advocate Caitlin Long launched its BT custody platform. The firm shared November 7th to announce the launch of Custodia Bank's Bitcoin custody service targeting businesses like fiduciaries, investment advisors, fund managers and corporate treasurers. The launch comes soon after Custodia Bank earned approval from the Wyoming Division of Banking to go live with the service. The announcement notes and announcing the news, Custodia Bank emphasized that the platform is a non lending bank built by Bitcoiners that offer segregated custody accounts on its custom built Bitcoin custody platform. The statement said Custodia Bank offers integrated Bitcoin custody and U .S. dollar services all on one platform designed to simplify the user operations while reducing risk. Here's what they shared. Since we built our Bitcoin custody platform in -house, we are especially grateful to those willing to help us by providing user feedback. Now, Custodia Bank's approval from the Wyoming Division of Banking follows a series of regulatory challenges for the firm. Back in January of this year, the Federal Reserve Board rejected the bank's application to become a member of the Federal Reserve System. Not surprising, right? Saying it was inconsistent with the required factors under the law. The Fed subsequently denied Custodia's request to reconsider its membership application in the system. That's just straight wrong. In a detailed report back in March, the Fed's board said the decision to reject Custodia's app was due to concerns about banks with high concentration of activities related to the crypto industry. Hence why they don't want it. They don't want to support crypto, fam. It's clear. Custodia Bank opened for business in August of this year, though the Fed has blocked much of its proposed business model, which doesn't come as a surprise. Founded in 2020, Custodia is a bank aiming to bridge the gap between digital assets and a digital asset custodian. The firm was formerly known as Avante Financial Group and is based in Cheyenne, Wyoming. Custodia Bank did not immediately respond to requests for comment, but hey, it's definitely a good sign that adoption is coming and banks will be integrating Bitcoin or they're just going to get left behind. So hopefully many major banks follow in the footsteps of Caitlin Long's Custodia Bank. But let me know, fam, how you guys feel. And a reminder, only keep in the bank what you're willing to lose at the end of the day. Because what if there was a bank run? Even with it being FDIC insured, they don't have the money to give it to everybody. Hence what happened earlier in the year with the regional banking crisis and what happened in return to Bitcoin. We started pumping. In fact, Bitcoin's up well over 100 percent since the start of the year. And I feel we're just getting started. All right, fam. Now let's dive into our next story of the day and discuss the latest with the ETF news coming out of Hong Kong, which I know is not in the mainland of China, but still considered a part of China. And I think we're going to have ETF adoption not just in the United States, but clearly in Asia as well as in the Middle East, because in all markets they're seeking it and competition definitely a good thing, especially when it comes to these ETFs. So let's break down this latest report. Hong Kong is reportedly weighing the possibility of allowing the spot crypto ETF in a Bloomberg report. The Hong Kong Securities and Futures Commission CEO, Julia Leong, outlines what it would take for the spot crypto ETFs to be authorized in the city -state, quoting her here. We welcome proposals using innovative tech that boost efficiency and customer experience. We're happy to try it as long as new risks are addressed. Our approach is consistent regardless of the asset. So according to Bloomberg, Hong Kong currently only allows future based crypto ETFs and among the listed products includes the Samsung Bitcoin futures active as well as the Bitcoin and Ethereum futures ETF issued by CSOP Asset Management. The possibility of a spot crypto ETF getting approved in Hong Kong comes at a time when Hong Kong's ambitions of becoming a leading digital asset hub are in high gear. According to the report earlier in the year, Hong Kong rolled out a virtual asset regulatory framework and on the crypto regulatory framework. Here's what she shared, Hong Kong's comprehensive virtual asset regulatory framework follows the principle of same business, same risks, same rules, and aims to provide robust investor protections and manage those key risks. This will enable the industry to develop sustainably and support innovation. Also reports emerged in June that Hong Kong Monetary Authority pushed for banks in the city -state to offer their services to licensed crypto exchanges. It was also reported in February that China was supposedly in support of Hong Kong's plans to allow both institutional and retail investors to trade in crypto assets. So there you have it, fam, mass adoption. Let's freaking go. We all know there's trillions of dollars sitting on the sidelines just awaiting that spot Bitcoin ETF approval. And once we get that green light game on, it will absolutely be a game changer. But anyways, fam, now let's discuss Bitcoin ETFs being we're discussing them already. And it's on everyone's mind right now before we break into the latest prediction from one of the largest asset manager, Fidelity, who currently controls four and a half trillion in assets under management. Let's first discuss these BlackRock ETFs and ETFs from some of the other asset managers. Here we go. The launch of a spot Bitcoin ETF from BlackRock is a highly anticipated event in the crypto industry. I'd say the biggest, most anticipated event next to the Bitcoin halving. You know what I mean? It's expected to provide unprecedented institutional access to the crypto market, representing a significant shift from leading banks and promising substantial capital inflows. These developments will eventually change the industry and kickstart the new market cycle. What we're seeing in the market at the current moment is still speculation by the whales, some traditional firms and industry insiders. Now, while the move towards the ETF app approval is a positive development, the price discovery mechanism for Bitcoin is typically driven by derivatives like perpetuals. Let's keep in mind that these are leverage orders that can be liquidated with the right catalyst, whether on the upside or doing a pullback as traders take profit or leverage longs get liquidated. This means that recent price hikes post announcements weren't necessarily caused by a fresh inflow of institutional capital. Though that will happen eventually, they were actually caused by speculation around ETFs driven by people already plugged into the crypto space, including the whales, quoting them here. An ETF approval means that there will be an exponential increase in the amount of capital with access to BTC. That's right. And spot ETF. Unlike futures, there is true price discovery, so there will be no market manipulation. So we should still take this as a sign of institutional interest. It is not unlikely that the capital that kept Bitcoin outperforming traditional assets came from the large institutions or savvy allocators of capital buying ahead of the positive ETF news. CME futures are dominating the crypto future markets right now, suggesting that indeed it might be more traditional institutions that are speculating. These are some of the players that have entered the room in the previous cycles, bull run or not. This kind of activity is par for the course. Now, how capital from Bitcoin ETFs will eventually trickle down? Let's discuss it. We should still pay attention to the possibility of fresh capital coming in. Former BlackRock managing director Stephen Schoenfeld stated at CC Data's Digital Asset Summit in London that an ETF approval can bring 20 billion dollars into Bitcoin. While we all know that's extremely conservative, I'm looking at trillions pouring into the King, just saying. While Alliance Bernstein, the global asset management company, expects the BlackRock ETF approval to drive the crypto asset management way up, all the way up. Now, ultimately, an ETF approval means there will be an exponential increase in the amount of capital with access to BTC. This simple change will be greater than any other development in the market's history. This arrival of capital will come over time as more and more investors and asset managers digest the news, deciding that an allocation is not only responsible, but absolutely necessary preach. Likewise, the adoption of this financial product will take years as institutions such as broker dealers, banks and RIA's undergo due diligence and other processes before they can even offer Bitcoin ETFs. It will also hinge on the arrival of key players such as market makers that are an essential factor in building investor confidence. The role of the market maker is vital to ETFs. They are responsible for creating and redeeming new shares of an ETF, a role designed to keep its price tethered to the price implied by the value of the ETF holdings. Now, finally, we have the question of what a Bitcoin ETF means for the rest of the crypto market beyond Bitcoin itself. Market cycles have historically moved from Bitcoin first to ETH second and then cycled into the smaller altcoins or more exotic projects. This time around, the effects might be less direct, but still obviously noticeable. It is true that a rising tide is not guaranteed in the aftermath of the ETFs going live as the new inflow of capital will not come in the form of direct ownership of BTC. Investors who choose that instrument won't easily be able to change or diversify their exposure to other crypto assets until more ETFs are introduced. Now let's break into our featured story of the day and discuss what will one Bitcoin be worth in the year 2025. While Fidelity's head of macro, Julian Timmer, makes this prediction with an exact number. There's a brand new prediction I've never shared before, so let's break this one down, shall we? A massive shout out to everyone in that live chat just joining us. Fidelity Investments global macro director, Julian Timmer, is updating his outlook on Bitcoin following the latest Bitcoin price surge. He just shared on X to his almost 200 ,000 followers. The Bitcoin can soar beyond $96 ,000 by 2025 due to two main factors. He lays out a scenario for Bitcoin's price performance in the coming years based on retail interest rates, which is the interest rate minus inflation and the Bitcoin adoption rate, which is based on historical Internet adoption. Quoting Timmer here, with Bitcoin moving up once again, will its adoption curve accelerate as it did a few years ago? And how does the macro trend on rates affect it? Here's the data to consider. Here you go. I show a fair value band based on both the slope of the Internet adoption curve and the path for real rates. The bottom boundary assumes that the treasury inflation protected securities real rate of 2 .5 % and the upper boundary assumes negative 2%, which is where we were in 2021. The macro can speed up or slow down the adoption curve, which we have seen play out recently as outlined here in this chart. And looking at the chart, the analyst predicts the Bitcoin price would hit the lower bound of 41 ,000 in 2025 if the TIPS real rate remains as high as the current rate. However, if the real rate declines to what it was in 2021, the price prediction would soar to $96 ,210 in 2025, which is a 175 % increase from the current value. Now let's read his thread, which he shared here on X. I also got to throw out there, he also is predicting a $1 billion Bitcoin price by the year 2038. So by 2025, yeah, a little conservative, but extremely bullish for the long haul on Bitcoin. And I know I've covered that previously here on the show. How many of you have heard the billion dollar price prediction from Jerry and Timmer as I have covered it here? Let me know in that live chat. But anyways, let's just break down what he did share here in the thread so you can see the full discussion. Here we go. Above, I show the fair value, as I mentioned a little earlier. He also mentions the macro can speed up or slow down, which we have seen play out recently as outlined in the chart. He also says, assuming for a moment that Bitcoin will mature into an asset class that plays on the same team as gold and silver, how should we think about where it should sit in a 60 -40 portfolio and what would be a reasonable position size? Great question. Here's what he says. The good news for Bitcoin is it is an annualized volatility down from its 2018 peak, although at 58 % is still head and shoulders above traditional asset classes. That's right. There's no asset in which can compete with the king crypto because Bitcoin is a hedge against inflation as well as a hedge against deflation. It's a store value. It's incorruptible. It's unconfiscatable. And guess what? Gold can't compete either. He also shares here even better is 52 week correlation versus the S &P 500 had declined steadily and is now actually negative. More on the Bitcoin outlook on the next thread. And I highly encourage you to follow Jerry and Timmer. He shares a lot of good threads here, especially regarding Bitcoin and what's happening around, you know, the ETFs, the Bitcoin halving, the macro and all of these TA, which is technical analysis. You know what I mean? Let's see if I can find another good thread for you. He has quite a lot and he's very active as well. Here we go. Here's a good thread right here. He mentions continuing the discussion for my recent thread on Bitcoin. Let's talk about Bitcoin as a store of value. Yes, please. Let's talk about this. Shall we? Gold is delivering solid risk adjusted returns remains hard to beat above. We see that gold has one of the best sharp ratios out there, but Bitcoin is respectable as well in line with other major asset classes. This chart is based on monthly returns because it broadens the universe of alts. In this case, alt such as managed futures and equity long, short hedge funds are the less liquid variety, which broadens the mix while improving their returns. And below is a ranking of correlations to the S &P 500 based on monthly data of September. Bitcoin still has a positive correlation to the equities, but less than many other assets as outlined right here in this chart. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in our live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
A highlight from Caleb Hammer's Bitcoin Advice! (Was He Right?)
"So what's the overall financial situation? What are we looking at today? Well, we have, and this isn't on that statement, we have about $20 ,000 in cash for our emergency fund. It's interesting laid out about 10 ,000 of it is in Bitcoin and the other 10 ,000 is in high safety yields. I think you have $10 ,000 in an emergency fund. Today we're taking a look at Caleb Hammers emergency fund advice. In case you haven't seen Caleb's videos before, he brings people onto his channel who are terrible with money and then rips them a new, you know what, or let's just say he gives them his thoughts on their financial situation. 10 ,000 of it is in Bitcoin and the other 10 ,000 is in high safety yields. I think you have $10 ,000 in an emergency fund. Well, he's really saying you have 10K in the emergency fund. Well, Caleb is right here. We all long for a day where we can pay the car repair guy with Bitcoin, but today's still not that day. Bitcoin is still volatile, so it can't really count as an emergency fund because the point of an emergency fund is have the cash available when you need it. So what is an emergency fund? Well, I'm glad you asked since most Americans don't actually have one. And analysis show that most people in the country couldn't even cover an unexpected $500 expense. And the personal savings rate is almost as low as it was in 2008. It is recommended that you keep three to six months salary in an emergency fund. Now, obviously that's going to change based on your lifestyle. Like if you're a freelancer, for example, and with inflation as high as it is, I'm personally trying to limit the amount of cash I'm holding longterm. So I would hold closer to three months worth of salary in this type of fund. That's fair. Okay. And I have $10 ,000 of Bitcoin that I can also use if I need to. That you should sell right now and put in your emergency fund. Go on. So this video was posted March 30th, 2023. So if this person followed Caleb's advice, they would have sold Bitcoin at the highest 29 ,000. Right now, Bitcoin's around 34 ,000 and with inflation currently around 3 .7%, which means it's more likely six to 8%. So Caleb's guests would be losing a lot of money if he sold and just let the cash sit there. One, Bitcoin would be at loss and also the money's losing value. Caleb, stop telling people to sell their Bitcoin to BlackRock, please. I was literally talking to my wife about that. And I was like, I don't know. I don't know. But half of what's an emergency fund. I will immediately say that's stupid risk. Okay. Agree to disagree here, Caleb. The guy doesn't seem like he's really hurting for cash and he's also on the young side. So I think he can't afford to be a little bit riskier. What's Caleb's vendetta against crypto? We had $36 ,000 in our emergency fund and all of that money is gone. All right. Emergencies. Okay. Emergencies. You think, okay, so clearly his hot water heater bust, clearly there's a roof leaking or, you know, maybe someone fell down a flight of steps and there's a serious medical situation here. Let's see what the emergency is. Where did it go? It went to emergencies. What were the emergencies? We needed to remodel a bathroom. Then it wasn't an emergency fund. It was a bull slush fund. Seriously? A bathroom remodel. Okay. I can't even wrap my head around that. I wouldn't quite put bathroom remodel into the emergency level. If he could have just put that money towards Bitcoin, he'd be sitting a lot better right now. He wouldn't be losing his money to inflation. I just think of all the money that went to that bathroom and instead of just, you know, oh, oh, now I have really cool mirror above my sink. He could have bought the world's greatest asset, Bitcoin. And at the time he would have bought, he'd be in a lot better position right now. I got to agree with Caleb right here. That was a BS slush fund. All right. I've never seen this Caleb guy before, but I'm loving his content. Let me know if you want to see me react to more people getting roasted by Caleb for making the world's worst financial decisions. I'm DZ4 to discover crypto. I'll see you at the top.
A highlight from Proven Buyer Agent Prequalification Scripts For THIS Market!
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Yes, we do listen to you. Yes, we do read your emails. Yes, we do appreciate your show feedback and show suggestions. And that is what today's show is all about. A lot of you are really ready to formalize your buyer process, which we certainly appreciate. And by the way, if you did not listen to the podcast we did a few days ago, that's talking about the buyer agent commission lawsuits and all the things and expectations that we have that will be changing and how you relate to buyers. Well, make sure you go back and listen to that available on iTunes, Spotify, and of course, over on YouTube. So what we're going to be doing today is we're going to be drilling down on just a handful of our buyer scripts, all of our scripts, everything that's included in Premier Coaching. They're all copy written. You're not going to find these anywhere else on the Internet. Julie and I do not give our scripts away for free. They're an asset that are available only to our coaching clients to use. No one's going to be reselling these or anything like that. So these scripts, the reason that some of you won't be exposed to these before is because they are original and Julie and I are rabid at updating the scripts when necessary to reflect the buyer's expectations and the market's expectations as well. Exactly. Written by us and market tested. Doesn't matter how expensive your market is or where you are in the country or perhaps even in the world, because we have to include our Canadian clients, et cetera. Julie, we should start out by essentially priming them to accept the idea that they all should be using scripts. Yes, because that's a big point of resistance. Well, you know, this podcast, we only have you guys for 20 minutes, 20, 30 minutes. So there's no sense in me not being direct. The people that resist using scripts are, generally speaking, those who think they have enough natural talent to essentially never have to actually formalize their process. And whatever comes out of their mouth is sufficient enough. And that's just the way it is. That is somebody that's resisting being a professional. And they will continually act like that and continue to act like that over time until they essentially have a bunch of setbacks. Now, typically what you'll see is they'll rationalize their failures. So when you see somebody that doesn't use a formalized process in this regard using scripts, you'll see they're the same ones that will tell you, well, it's OK to just list five out of 10 listing appointments you go on. Or it's OK if you have five expires and things like that. Or on the buyer side, buyers are liars. Exactly. So you'll see the types of people that aren't professional and aren't using a formalized process, of which scripts are certainly part of that, are the same ones that are masterful at rationalizing their failures. So a strong suggestion to all of you, dear listeners, is avoid those types of people and don't heed their advice, because the simple fact is, is that all of us use scripts. But if you're not winning more than you're losing, and especially in this market, your scripts just aren't any good because you probably, you know, patched work them together. You're probably, again, winging it too frequently. You're relying too heavily on your personality. And I will give you absolute nailed down proof of that, and I'll be a little self sacrificial as I say this. So our first year in the business, Julie and I sold over 100 homes and we would do a lot of selling together. But for the most part, Julie was keeping the train on the tracks while I was out there basically working with a lot of buyers and sellers, and I didn't know any scripts. We had no formal training in real estate. We do nothing. But still, together, Julie and I worked really, really well together. The customers liked us and we were able to get, you know, obviously we did really great and that worked into a, you know, years after that we're selling between 100 and 200 homes. But when we tried to move out of that particular market where we were originally, where we originally planted our flag, move up market, change price ranges, go to just different types of things, we quickly found that our success rate, which was really high, all of a sudden started to fall. Now, it took in that market a different set, not necessarily scripts, but it's certainly a different approach. The first market we ran, a lot of first time buyers, a lot of first time sellers, things like that. When we wanted to double or triple, what we eventually did is 5X our price range. Then we had to completely update our approach. What I'm saying is our natural talent ran out when we basically left that market or didn't, we wanted to focus on, I think, a wider variety of price ranges and clients. Well, I'm glad that you said that because I was thinking, as you're talking, certainly, you know, our original stomping ground, a lot of first time buyers and also a lot of our center of influence. So many of you will find that the easier stuff, and there's nothing wrong with that, but the easier stuff, past clients, centers of influence, people who already know, love and trust you. And we always coach you to get more out of that crowd, certainly. But when you want to go across town, up market, into neighborhoods you're not familiar with and list and buy with people who don't already know, love and trust you, that's when you really feel the need for scripts. Well, that's the litmus test, ultimately. Are all your customers, all the people you've sold homes for, are they people that are essentially your direct centers of influence and past clients? And have you noticed that when one of them tries to refer you to somebody that very rarely do you end up converting that person, especially if it's a seller to a listing? That's because you're not following a formalized process. The people that know, love and care about you aren't going to hold you to the same standard. But in this, here's the thing that's shifted, though. In this market where sellers are obviously a lot more nervous and buyers are a lot more nervous, you're going to find that even the people that know, love and trust you are going to be a heck of a lot more selective in who they work for or rather who they choose to work with. That's the reason that Julie and I have always cautioned those of you who are so heavily dependent on centers of influence and past clients. You're a one spoke wonder. Your lead generation spokes are going to fail because you only have one. You want to have at least five to seven sources of business. And if it's only centers of influence and past client in a market like this, you will start to struggle again because your centers of influence and past clients, even your mom, they're going to be more selective in who they do business with. That's true. And sometimes it's just a matter of the person who knows, loves and trusts you being married to somebody who also has an agent who is a friend of theirs. And even though there's nothing wrong with your relationship, there is another relationship at play. So thus we get back to scripts, right? So it's not scripts are part of it, but you need to improve your process. There's no more FOMO in the market. People aren't going to want to buy and sell anymore just because you're going to actually have to learn quickly, frankly, what to say, how to say it, how to do a lot of interpersonal communication that maybe you haven't had to do. We call it Dr. Filling, right? It's not knowing what to say. It's not just knowing what to say and how to say it, but it's also learning how to read your customer. These are all the things that we teach you in Premier Coaching. And obviously then a lot of you move up to our one on one coaching programs and even learn at more of a higher level. But if you find yourself struggling, which I know is pretty much the story with most of you, and you or you find yourself accepting failure. Oh, I didn't get that listing because the other agent must have priced it higher, took a lower commission. In other words, you're making excuses. It is past time for you to accept the fact that you need to improve your skill set. That's right. So today we're talking about the buyer side of scripting. And yes, as you said, Tim, that the fear of missing out the FOMO buyers, the flippers, you know, people who are buying and selling for fun have largely left the market. It used to be for every good listing, you'd get 10 to 20 offers. So now, oh, no, there's only three offers for every buyer side. So there are still more buyers in today's market than there are listings to sell them. It's about a three to one ratio right now for every closed transaction. Last month, there were three offers. But even when your buyers are both motivated and qualified, you have no guarantees that you'll find them the right house, win the potential bidding war. And soon you also may have to worry about how you're going to get paid for your hard work. So prequalification just became more important than ever. How do you determine which of them will buy, which will end in a closed transaction and who you should concentrate on? Who should you be setting appointments with to have a buyer presentation and get your agency and exclusive agencies signed? OK, so remember, as with all scripts, the buyer prequalification script is a conversational outline using questions to find out the following, some of the following from your buyer prospects in the podcast. We can't do the whole script after using the buyer prequalification script. You'll then meet your buyer prospects and use your buyer presentation to solidify your relationship, how you work and how commissions work. OK, so again, we're going to show you just a few questions, a sampling of the buyer prequalification script. Now, these notes, today's notes, like every one of our podcasts, if you scroll down, if you're on YouTube, iTunes, wherever, all the notes are right there. And again, these are just a smattering, a sampling of some of the scripts that you are going to need to learn and master ASAP. And if you're one of these script resistors, please remember the story I told about Julie and I. We got pretty far in our natural talents and abilities, but it quickly ran dry. And what we started to see is on our second and third year that we did increase the number of homes and increase our revenue every single year, we still were finding more resistance. It's because we had to learn skills. And all of you are in that place, this last market that lasted basically 15 years, you did not really need to improve your skill set because the market was so buoyant, you know, essentially the rising tides. Right. That is gone. And so now you're going to have to go back. And many of you are hopefully accepting this and learn what you should have learned in the first place. And then you're going to be unstoppable. So we're going to give you a little taste, a sampler plate, a sampler of all of our script or some of the scripts. And these are just focused on buyers. And remember, the notes for today's show are down below. And when you're there, you're also going to see an offer for you to join Premier Coaching. Premier Coaching costs you nothing for the first 30 days. So make sure you click the link to join. And then we give you a lot more buyer scripts and a lot more obviously business planning ideas and, you know, all that good stuff. So it's there. It costs you nothing to join. There's no obligation. And yes, that does include a daily semi -private coaching call with one of our Harris certified coaches. All right. So we might call these script snippets. My note takers to mention that the notes are there. You can also jot these down. Number one, again, on the buyer side, I assume because you're calling or emailing or texting me directly. So this is a line from the prequalification script. Thank you for clarifying. OK. I assume because you're calling me or emailing me or texting me directly, you're not already working with another agent. This question happens early in the script. So you can skip the rest of the script if they've already committed to another realtor. Makes sense. So that's how do most of you handle that? Most of you, those of you who are buying leads from Zillow, that's one of the first questions they ask, right? They want to make sure that a buyer is not committed to another agent. But those of you who are smart enough to generate your own leads, let alone buyer leads, you're going to want to quickly ascertain whether they're working with another agent. Now, here's the reason we wrote this script that, you know, that question like that. By the way, all script is, is generally speaking, just a bunch of questions that are laced together. So the reason that we wrote it that way was because if you straight up ask the buyer if they're working with another agent, they're always going to say yes because they don't know what the hell working with an agent means. So if they talk to some agent someplace 14 years ago, maybe that's working with another agent. Or if they're more savvy, they're going to say yes because they just want the answer to whatever their question was. So all of this is designed for you and hopefully Julie's next question. OK, so she doesn't have this in here, or do you? Oh, yes, she does. Question number three is my favorite question ever. Me too. So I'm not going to stop on that one. But first, question number two, what price has your lender told you not to go above? Now, this question covers all of the bases with regards to finding out about their financing. When you ask this question again, what price has your lender told you not to go above? They'll tell you if they're all cash. They'll tell you if they haven't got a lender yet. They'll tell you if they're pre -approved and what price not to go over. Instead of asking all of those individual questions, the script, what prices your lender told you not to go above, gets straight to the answer. It's kind of like an all encompassing question. Versus asking, are you working with the lender? You know, all this again, the I think amateurish way that most agents have been conditioned to work with buyers is that you give up a whole bunch of your time and you give up a whole bunch of your energy and professionalism. And then you hopefully find out along the way whether they're approved, whether they're working with the lender, whether they have a house to sell. What we're suggesting, Premier Coaching clients, especially you guys, is before you give them any of your time, you need to go through the prequalification script. Then after that, as Julie said, then you sit down with them and you give them a formal presentation. This is all included in Premier Coaching with the output, with the goal of the presentation being they sign a state agency form, a exclusive buyer agency contract and a net sheet. Those three things. So that's all included in Premier Coaching. But the number one thing is, is before you even sit at the table with them, you need to What you're really gearing towards is looking for people that actually have houses to sell, because once you take the listing, that's going to automatically trigger those people working with you on the buy side and a whole bunch of other transactions as well. And that leads us to our mutual favorite point, our script question number three, which home in the neighborhood do you plan on selling? Now, this helps you to determine if they are also a listing lead. Note to self, many agents never ask this question when they get buyer leads. Some of you guys have so many buyers right now and not enough homes to find them that you don't even call buyer leads back. That's even worse because some of them have houses to sell. Well, they don't ask. They don't root out whether or not the person has a house to sell until it's like way further into like maybe days or weeks. And then they're going to sort of maybe hopefully find out if that person's got an agent who they're thinking about hiring to sell their house. You guys have got to stop being passive like that, because what you're telling that agent or that consumer is that you're not confident and they're not going to do business with you. They will do business with people who are acting professional, asking professional questions as professionals will. Can you imagine walking into a doctor's office? You know what the doctor's office experience is, right? Or the dentist's office. Before you even get out of the uncomfortable waiting room, they're going to give you something on a clipboard and they're going to ask for all your insurance information. Why? Because they want to determine if you can pay. OK, now that is before you even see anybody. That is the same. That's the same process wherever you go to see a doctor anywhere. So people have the expectation that they're going to be going through a formalized professional process before they actually see the doctor. What do you guys do? Somebody calls or texts and you don't even ask them to come to your office. You just zip over to their house and with your dental cleaning kit, you're ready to go. You don't know whether or not they have any teeth or whether they can clean out a chair. We'll use your chair. Exactly. That's what a lot of you guys do. Do you think that person respects you when you act like that? They do not. I know. And when we were talking about scripting earlier, I was thinking about how agents think that it's OK to wing it and just use their personality. And I had this image of like the next time you fly the flight attendant. I mean, they've done this before. They don't need a script, right? There's that thingy up there over your head and maybe it'll drop down. And I don't know, you'll probably remember what to do with it. When you freak out, if that happened, you expect a professional experience. Do you know you just described the average JetBlue flight? Well, that's true, too. I mean, they do. Yeah, OK, back to task. OK, point number four, here's a script piece. Paint me a picture. Ideally, what are you looking for in your next home? The more you can drill down on the prospect's needs, the faster you can find what they want. And caution, if you're working with a couple or, you know, two or three investors even, make sure you ask each one of them, ideally, what are you looking for in the next home? Now, I'll give you a little hint. This is assuming you're working with consumers, not investors. Find out, get a picture of their current home, assuming they have one. Or if they're relocating, ask them to send you pictures of their current home, because here's what happens. People do not want to sell their furniture. And most people will actually choose a house around maybe their dining room set and their bedroom set or something like that. So even if someone shows up in your life and they're relocating from another part of the country and they're telling you they want a modern home and you ask for a picture of their current home, some colonial with, you know, you guys get the idea, I promise you they're buying a colonial unless they have no other choice other than to buy something that's modern. They're going to buy what they already have, because most people are comfortable not making very many changes in their lives ever. That said, you're going to have to basically adjust accordingly, because as you go up market, those folks have a tendency to actually like different styles of homes and the homes in the upper end don't, they are almost always including the furniture. But for the meat and potatoes price ranges, say from 300 to really anything less than, I would say 750, a lot of those guys, they're going to buy what they had before. Yes. I think especially with relocation, I remember when you and I were selling homes and we just learned that and we had them bring a picture of their house or send it in an email. And you are so right. They almost like the exact down to the color of the shutters and, you know, the style. So that that's a great top tip there. OK, so next is point number five. When I find you a home, there's an exumptive close. When I find you a home that has A, B, C and D, which was their stated needs and price range. In other words, the home you're looking for that checks all of the boxes on a scale of one to 10. Where would you rate your desire to write up an offer on it? Ten means you absolutely are one hundred and ten percent ready and one means you're just kicking tires. If they're anything less than a 10, your follow up question is, what would it take to make you a 10? So we'll role play that. So, Julie, listen, so I'm going to I'm going to take a lot of time and we're going to see homes that are a very close match to what you say you're looking for. And I might toss in a few ringers that just maybe you're telling me you want something that's an acre, but I find a house that I think might be a good fit for you. But it's only a half acre, things like that. So but let's just say I show you a house that is meets all your criteria, right location, right price, right condition. All your furniture fits in the house exactly the way you'd hoped it fit. In other words, this is the house that you're describing to me as the house you guys both want on a scale one to 10. Where would you rate your motivation to purchase that house? I'm about an eight and eight. Well, congratulations. Good for you. What would it take to get you to a 10? That secondary question is the most important question. What would it take to get you to a 10? And by the way, they almost always say seven. So what would it take to get you to a 10? And then you're going to find out some things that they have not previously told you. I have to see if I'm going to get my relocation. Oh, I have to see it. I have to sell three rental properties. Bup, bup, bup, bup, bup. You get it? So you're going to have to ask secondary questions because then you're really going to determine, well, we're waiting for the lender to clear up a problem on our credit or waiting for rates to drop or we're waiting for pigs to fly. You know, you can then determine whether or not you actually want to work with them. That's right. So if not a 10, then why? And I think every thing that you list off there, we minus maybe the pigs flying, we dealt with in one way or another. And sometimes you remember the previous point was paint me a picture. Ideally, what are you looking for? If you haven't asked all parties involved, maybe that's the objection. You know, I'm an eight, but, you know, my spouse is a six and a half. Well, why is that? Well, it's because they have to have a three car garage because they want to be in a different part of town. You got to drill down. Otherwise, you're really going to be wasting your time chasing down things that they're never going to buy. But with regards to the art and science of all this, when you ask somebody a question, you want to obviously well, maybe not so obvious. You want to repeat what they say and you want to tell them, you know, essentially a good job with your answer, because then you're going to encourage A, you're showing that you're listening and B, you're encouraging them to answer more of your questions because you're kind of giving them a little, you know, thank you very much. So Julie, a seven, that's fantastic. Congratulations. What would it take to get you to a 10? You guys see how I did that? You never want to just go from on the seven and then go right to and skip that middle part because you haven't tied those two emotions together. And once you do that, just test it today. Test what I'm saying today with just anybody. When you repeat what they say and you affirm it, you will find that magic happens on the other side of that. Well, you are kind of secretly bonding over those questions, right? So that's a good thing. All of these. And we have let's see. Yes, that was number five. All of this is included in our buyer mastery, which is part of our premier coaching program. This is just a taste. These are just five questions from our buyer prequalification script. This is not the buyer presentation script. This is prequalifying before you even do the presentation. And this is probably a half, maybe maybe a third, maybe a third. Yeah. So the whole point of buyer prequalifying is when you get a buyer, you're going to take them through the process of determining, obviously, their their motivation. Remember, guys, advanced coaching. There's no such thing as a buyer that has to buy. Buyers always want to buy. There are things that there are reasons that sellers have to sell. Going to say that because it's critical if you're listening to us for the first time. So important that you get this because you're otherwise going to find yourself being very frustrated, especially in a market like this. This is the reason that we always try to lean you guys towards focusing on becoming listing agents with so many of you, because frankly, this past market have resisted. Now it's time for you to dust off that resistance and focus on becoming listing agents. But yes, you're going to be working with buyers along the way. We a buyer never has to buy. Why? Because a buyer can always rent. A buyer can always stay in their current house. A buyer can always, you know, add a bedroom. A buyer can always wait. A buyer can always, you guys get the point. So the thing with buyers is there's always going to be a lot of reasons why they'll change their minds. Interest rates went up. Well, I'm going to wait for rates to fall. There's an election cycle going on. I'm going to wait till after the election. Like that has anything to do with anything. You know, maybe it's going to be the holidays. Maybe it's going to be some sort of vacation. It's always going to be something that's going to drive you crazy. OK, now when you work with sellers, there are such things as sellers that have to sell. In other words, again, we have a lot of seller prequalification questions and you're going to find out that when you're, especially in this market, there's less than four million homes that sold. I can pretty much guarantee you those were four million sellers that had to sell. That is the bottom of the market. That is the floor. This market will always serve up around four million must sell sellers every single year. That is going to be what you're going to see is the historical low mark for home sales for probably the next 40 years. So congratulations. You've been through the worst housing market. Oh, and we're working on our predictions for next year. And we're thinking that we're, you know, next two years, really. And we're expecting a lot of return to normalcy with regards to inventory, but that in a different podcast. The real focus, what I'm hoping you take away from this, is that when you work with buyers, because you will have to make sure you're taking a professional approach, but never forget there is no such thing as a buyer that has to buy. They always, they're always a want to buy and they can easily change their mind and they often do. But there are examples of sellers that have to sell. They're getting relocated. They can't afford the house. They lost their job. They have new construction that's closing or a resell that's closing and they need the cash. It's a probate listing. It's a divorce situation. It's a this and that and the other thing. There's a whole bunch of reasons why sellers have to sell. And there are no reasons why ultimately a buyer has to buy. Be clear about that. Be very clear about that. Otherwise, you're going to find yourself, frankly, toiling away of a lot of nights and weekends wondering why your five or six magical buyers never bought. And then you're going to be about midway through the year and then you're going to see the buyers start losing interest because now they're focused on the vacations and now they're focused on kids going back to school. Then there's Halloween. Then there's the holidays. And now you ended up selling like nothing that particular year because you spent too much time with buyers. Thus, the scripts, the scripts are there to help you to sift and sort, to get the answers so that you I mean, we're not anti buyer. Buyers make the world go around. And if you have listings, you need buyers, certainly. But what we're trying to drive home here by exposing you to these questions is to sift and sort and make sure that you're spending your time wisely when you end up doing the buyer presentation, which soon you're probably going to be required to do at a higher level, that you're spending your time with somebody who is likely to transact with you. Although it is always true that buyers never have to buy, your job is to find the ones that have the strongest desire to buy, who also ideally have listings for you. So these script questions hopefully will help you on your path. But remember, this is only about 30 percent of what's out there. If you're honing your buyer system, you've got to really dig deep and get to be part of Premier Coaching, because again, we have lots more scripts. This is just part of it. I would love to have this just, you know, our prequalification outline, working with buyers and working with sellers. Had we had that our first year, we could have sold probably twice as many homes for 206, I'm sure, if we actually knew what the hell we were doing. Well, true. And we weren't even in a situation most of the time where there were three offers for every listing. It's important to point out that our first year in the business, we were selling in what was a buyer's market. It was not an easy, you know, sell instantly seller's market. It was a tough market. Interest rates were very similar to what they are now. I made a great interest rate when Julie and I were selling real estate was maybe six and three quarters to maybe seven and three quarters. And guess what? People were still buying and selling, but it was a lot tougher. There was no buoyancy in the economy. There was no all these other things going on. It was a bit of a recession. The interest rates were higher, all of this. And guess what? Sellers were not walking away with a boatload of cash in nearly every case. That's a super important point in our market. When we were selling real estate, our first year, real estate was increasing in value, call it appreciation. It's really inflation by roughly two percent per year. So if someone bought a two hundred thousand dollar house, I want you to think about this. So you're one it appreciates by it goes to two oh four. Then it goes to, say, two oh six. And you can do the math yourselves if someone didn't stay in that two hundred thousand dollar house for at least three or four years, sometimes five years, depending. They weren't not they didn't even have the money to sell the house without losing money. So they bought it for two hundred. They put down twenty thousand dollars, their 10 percent down payment. And it was very normal for people who hadn't stayed in their houses for usually seven to ten years. That's true to lose money. They would end up basically at closing walk away with less than they originally put down in the house net or worse if they were, say, a first time buyer that had a three percent down payment and then got relocated six months later. That's right. I mean, that was the unfortunate truth of our market. There was no this runaway appreciation did not exist in our time. So the scripts that we used were actually a lot harder than these oftentimes. Oh, yeah. And by the way, that's what all of you need to learn now. That's the reason that so many of you are listening to this podcast, because you're saying, oh, it turns out there's a different kind of housing market and maybe you knew who knew. I know Tim and Julie did. So listen, guys, thank you for keeping this number one listed daily podcast for real estate professionals in at least the United States. If you're over, if you have the chance and I would certainly appreciate it, as with Jules, do give us a five star review over an iTunes and do leave a comment about why you like the podcast. It goes a long way to help us know we're on track. And again, this today's podcast was inspired by a lot of the questions we were getting from some of you. If you guys have a question you want to send to us, the best way to find us is over on Instagram. And it's at Tim and Julie Harris at Tim and Julie Harris on Instagram. You guys know how that works. And yeah, send us a message there. And we do love the feedback and show ideas that always keeps us on track. Have a fantastic day. We will talk with you on the show tomorrow. This podcast is a part of the C -suite radio network. For more top business podcasts, visit C -suite radio dot com.
A highlight from MASSIVE XRP PUMP! (Ethereum Not Done Yet!)
"Today is a great day to have a new set in crypto. How are we all doing today? It's 11 -6. It's November 6th. It's 11 -32. Sorry. It's 10 -33am. How are we all doing today? We got a new set. We got some new people. This is going to be phenomenal. Look at that lighting down below, folks. It's lovely. I'm loving it. Hey, chat, let us know what you think about it. But guys, we're going to be talking about XRP. Why is XRP pumping? What is going on with Ethereum? Is there more activity? XRP is the crypto market's back is all -coin season starting. Also some huge Bitcoin ETF news as well and Grok AI, the AI that most resembles a caveman's name. But yeah, we got Drew and Kelly. I don't know which way to look. Do I look at the camera? Do I look at chat? Do I look at these two lovely gentlemen? Look me in my eyes. All right. Let's maintain eye contact for the entire show. Love the new set. It looks amazing. Nice. Nice. Okay. A little bit of an echo. Special shout out to our entire team here at Hit Network, BJ, Aaron, and Joel, and Bobby, and Owen. There's so many people who just work tirelessly. If I forgot anybody's name, a lot of you. Love you all. We appreciate how much hard work you do. Really special shout out there. Drew, any message on the beginning of the set? How do you feel about it? Man, it's just - You helped carry some things. Yeah, no, it's nice to have a fresh start. And I mean, this is just, it feels as professional as we act every day. Oh, that's not at all. I mean, I don't know. We bring the heat. So we have a new set up here. It's nice to be able to conversate back and forth with you guys, bounce ideas by each other a little bit more organically as we go through the news. So - Legit, because he DZ being a future Jimmy Kimmel. No, I will never be the CIA's puppet master. Okay. I will never be their puppet. All right. Let's get right into the show here, folks. Guys, let's see if I can share your screen. Make sure you're following us on Discover Crypto. We just put out two phenomenal videos over the weekend. In this Cardano video, I also added it to my pin tweet here, if you want to see it. But I highly recommend you go check it out on YouTube. Get in there, get in the chat, leave a couple of questions, we'll start replying to the videos. I don't know how I'll do it with the next video, working on some top three tips to master the bull run for the first hour that the video's out, we'll go ahead and maybe we'll engage with you. So if you've got any questions, I'll jump in there. Also, we did another video on Jimmy Bitcoin. The heist Bitcoin is stronger than any Bitcoin heist in history, billions of dollars. So it's a really, really good video. I recommend it. He's like the Bitcoin heist meister. He's the heist meister. Yeah, yeah. He's not Heisman, but he's the heist man. All right, folks, make sure you go to hit merch as well. And I think it's time for us to just get right into this Ripple story, folks. Ripple gaining momentum, $850 million, and whale buys push price above 75 cents here. You see it broke out above a critical 65 cents resistance, and now it looks like it's off to the races. So over the last two weeks, crypto whales have been spotted buying XRP aggressively. Not only are the whales buying, they're buying aggressively, folks. As of 2023, the event edges is now the best time to get crypto. You know what? I can see why Bobby's wanting me to move left. I tend to lean to my right. All right, between October 24th and November 6th, the whales, how much XRP did they acquire? 1 billion .26 XRP, folks. And if XRP does say go to $2, $2 .50, even $4, talking about billions of dollars here. So they're bringing their new balances to a new 2023 peak. So we're at a new peak for XRP balances on the whale wallets here. Now there is a big event coming. It's the 2023 edition of Swell Digital Asset Conference in Dubai later this week. It's an invite -only event. So we'll feature keynote speeches and dialogue with some leaders, regulators, and innovators. Now Drew, you're kind of Mr. XRP here. I think you're probably the biggest fan of XRP. The whales are buying. Now are they going to start dumping? No, I mean, we'll always see a little bit of sell pressure, but I think that banks being even just slightly willing to test out XRP and its remittance payment systems and these continuing patterns growth that I see for Ripple in general, I think that things across the world are seeing this. The US still has the gray area, but the rest of the world is feeling ready for it. So I don't think that that'll be on us anytime soon, a big dump. All right. All right. More conspiracy talk. You guys are always on point. No, no, no. We got to get off the rails here. Poor Jimmy. You know what? Poor Jimmy Zong. That's the only Jimmy I like talking about. All right. Here we have the social dominance chart. So this blue line is where people mentioned XRP. So when you see a little bit of spike in social media chatter, oftentimes you're going to see a little bit of a price increase as well. But sometimes social media chatter precludes the pump. Sometimes it's after the pump. They're just, it depends because as a coin doubles in price over a month, people will just start talking about it naturally, even if nothing else is going on. But so here's the social dominance metric is showing the percentage share of a cryptocurrency in comparison to the 50 most talked about projects in the crypto media channels. So they'll just look at keywords, how many TikToks are being made and compare it to the other 49 coins there. But having cleared the resistance at $0 .65, XRP price now faces minimal resistance on the road to $0 .70 as well. So not only that, though, we also have Deaton coming out. He was coming out in favor. So there's a little bit of a settlement with the SEC versus XRP months ago where, hey, programmatic sales, hey, that seems fine. But when you're selling to a hedge fund, that seems bad. So we had one win, we had one loss, and we're saying, so this is like a 50 -50, right? This is like a 50 -50 win -lose. So Deaton's coming out saying it is not 50 -50, it is 90 % win, 10 % loss. So we're looking at more of a 90 -10 ratio here. So here, let's just get his quote out here. In a recent post, he strongly refuted the idea that the result was close to a 50 -50 outcome here. The people who argued that the SEC got a 50 -50 victory in the ripple crates are 100 % right wrong here. I'm still messing around with it. It was more like a 90 -10 in Ripple's favor. If Ripple ends up paying $20 million or less, it's a 99 .9 % legal victory. Did it feel like a 99 .9 % legal victory, Drew? Yeah, I mean, absolutely. A lot of the talk from famously like Pomp when we first got the Ripple case laid out, he's like, oh, you're holding securities, but kind of dancing on the graves of people that held XRP, even in the retail, which I think was just an absolute spit on the face disservice and a to our freedom to transact and to have new systems come about to do those transactions. So seeing even these chunks of wins from XRP and Ripple are massive, massive gains in confidence for people across the world. Now they're looking at this thing and many people are calling it the most regulated crypto on earth just from these recent wins. You brought up gains of confidence. You think I care about the gains of confidence? I don't care about the gains of confidence. I only care about the gains in price. And that's where we're going to go to Kelly here. Kelly, we have some charts here. I don't know if you're looking at XRP, but yeah, 65 cents, 70 cents. Is that all just a facade or is there a real support and resistance happening here? Well, it's throwing it here to the chart. We can see that this is essentially a chart I've been looking at for some time. And interestingly, we have this sort of uptrend parallel channel that on this break to the upside, which is when we have that initial news breaking of the sec the court case stuff that we got this massive pump and essentially rejected right here at a known level that goes all the way back. I mean, this goes all the way back to this base point here, December, 2020. So this is a pretty interesting when the price was going, I was looking at this suggesting, and this is going to be likely turnaround point. We got a stiff rejection off that until we broke down and tested the lower bound here. Got a deviation below. Now why will we have a deviation below is because these smart money people out there, these the people that really understand how to move the markets, they try to do everything they can to trigger those of you and those of me and drew DZ. Everybody that's in this market is subject to emotions. And those that are in control of their emotions and have a sound strategy and risk management doesn't get triggered by this consistently. But those, somebody sold down here cause they thought it was going lower. Oh man. It gave that opportunity for a lower entry for a long, okay. Now we're seeing here, especially where we're at in relationship to the having coming up and we have all this stuff on the horizon about the the IPO for ripple. And we have all these court cases winning into to your point earlier. I don't think they're going to win a hundred percent, but I think that's baked in. I think in the sense that at 99 .8 % or whatever, they're going to have to have some concession not to make Gary Gensler feel like he completely has, you know, a full face of egg on it. So there's going to be some sort of small fine paid or some concession that they have to make, but it's literally just going to be the fee of doing business. We see this also, it's not, it's not the end of the world. We look at you know, traditional banking, they've had $40 billion in fines since 2000 traditional banking. And yet there's, you know, they're able to continue doing business because it's the price of doing business. Now, are these levels that you're talking about? You said 65 cents. Yeah. 65 cents. And then a lot of resistance at 70 cents as well. 65 cents is right here. This previous range high that we broke through. I do think if we come back down, this is a great area. If we're very bullish, this is a great area for price to bounce on. It doesn't mean if we lose this, it's not bullish anymore. In fact, we can come all the way back down here to this horizontal line. That's in perfectly a basically cross section right here to that 60 cents level. This would be a great opportunity for another, you know, still bullish pullback if we come back to this level. Now, if it does continue to run, where is it going to go? Are you going to buy DZ? Are you going to buy on the way up if we get two candles in a row that are still bullish and we break 85 cents, is that a signal for you to buy and prices just running higher? You know, as much as I like candles, I don't like buying wicks. And so just I even when it hurts me, I just I'm averse against buying wicks. Yeah, no, I hear that. And so the point here is if things are running, that's a signal that there's a lot of stuff going on. Let the pullback let the chart come to you in your strategy so you can so you can make a smart buy. Now, let's go ahead, look at Bitcoin, Bitcoin and an interesting sort of channel that it's it's trading here. A lot of people are speculating. Is this going to be a setup for a sort of kind of flopsided bar pattern where the price action actually continues chopping in here only to break down and, you know, to this level? But why is that level important to previous high level that thirty two thousand dollars? Now, whether we continue higher or pullback down there now, at some point, I do think we're going to test below this range that we're in right now. Things are I mean, we see the momentum here is trending down while the price is still slightly turning higher. So there is some signs that we may be having some issue here coming up fairly shortly. I think C90 says the best. We're too far away from the having to not have at least one pullback. I don't know if it's going to start tomorrow. I don't know if it's going to start two months from now, but we're looking at an April twenty twenty four halving date. There's I'm assuming it's going to be much more likely than not in those six, five, six months. We'll experience a pullback now. Everybody want and I just did a video on this on the bit lab morning stream talking about the pump season. It's holidays. Everybody not only has a bias that they wanted to go up because you want to feel happy during the holidays, but there is data out there. There's data out there that shows that on average, November has a thirty seven percent pump to the upside. But that doesn't that doesn't mean every November is a thirty seven percent pump. There are some November's that have been negative. Basically, you've lost value in November. And we can see on this chart right here, this is seasonality. This is Q4. These these yellow bars, horizontal bars. This is Q4. And yes, we had a pump here. But look, we had a dump here, consolidation here, pump here, break down here. So you have to you have to take it into the context of where you're at in the market cycle compared to the halving. So as it stands right now, I do think we very well could get a pump. But look how far we still are from having to me if we do get that pump, I'm going to be looking for an opportunity coming into the halving for still some lower prices to whatever level we pump from pump two. So I would just urge caution. The higher we go, start looking for opportunities for prices on a pullback. All right. Let's say what is the coin you want to get more of during a pullback? I'm just going to say boring Bitcoin. I feel like I don't have enough Bitcoin. So if there is a pullback, I think I'm a scoop up some more bitty. What about you two? I'm going to be going after Cardano next. That's the next big bag. I have too much of it. What about you, Kelly? Well, I'm torn because I mean, look at pull up this chart real quick, because we see dominance is coming into a known zone. Not a carry off. Do you like Natalie and Bruglia? I'm told that's how I was trying to think of the song is that I'm still coming into this zone. Dominance is pulling back. We're seeing a little bit of capital rotate out of Bitcoin. And we also see the Ethereum dominance broke. Everybody wants to see this breaking, thinking every alts are just going to moon. But we still could very well have those alts pull back. So it's still a little bit. Everybody wants this to be an alt season because we're seeing some pretty big gains, you know, also because we're all overexposed in alts. That's why. Yeah. You know, one of those ones, everybody was kind of taking a little doodoo biscuits on was right here. Albert Rand. Everybody was saying they thought it was dead because they're also doing that rebrand. But look at this 45 percent pump. But it's pushing higher. But don't get lost in the bias just because you're feeling good in a green candle. Look for those pullbacks. If I had to pick one, it would be Bitcoin.
"over six months" Discussed on What Bitcoin Did
"Which saves on fees and is a privacy improvement. Also, Wasabi has just dropped a new feature. Now Trezor Suite users can make coin joins directly on the hardware wallet, which is obviously very, very cool. So if you want to find out more, please head over to WasabiWallet.io which is W-A-S-A-B-I-W-A-L-L-E-T.io. Next up today we have BitCasino. Now BitCasino was established in 2013 and is the world's first licensed Bitcoin casino. It is trusted by tens of thousands of players worldwide. And not only do they have cutting edge security, but they offer fast withdrawals and VIP experiences that money can't buy. BitCasino has over 2,800 games and tournaments for you to try out. And with 24-7 live chat support, you can always get help if needed. If you want to find out more about BitCasino, the first Bitcoin casino to win an EGR award, head over to BitCasino.io, which is B-I-T-C-A-S-I-N-O.io. And please remember to gamble responsibly. Also today we have Unchained. Now Bitcoiners, you'd be crazy to sell your Bitcoin right now, right? The halving is just over six months away. And we've seen before that this can be a time which sees the price rise as the new supply shrinks. Now selling Bitcoin to cover unexpected expenses can end up costing you missed opportunities. With credit card interest rates up to an average of 21% and increasing, by burning against your Bitcoin you can actually save quite a lot. And the best part, with Unchained you get to hold your own keys and you can always verify that your Bitcoin is secure. Unchained's loans dashboard gives you a health status for your loan so you can easily manage collateral when the Bitcoin price moves quickly. So don't be forced to sell your Bitcoin and miss out on those potential gains. And for more info on this, go to unchained.com and use the promo code whatbitcoin did to get $50 off concierge on boarding.
"over six months" Discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Happy stat stack and Saturday. Welcome to the number one daily Bitcoin pod. In today's show, we have a lot to cover. I'm going to be breaking down the latest Bitcoin technical analysis, as well as breaking news. Eighty four percent of all the Bitcoin supply has not been moved in over six months. Let's frickin go. Also, Bitcoin hashrate explodes higher to five hundred and forty five quintillion extra hashes per second. A new record quoting the high priest Bitcoin. The hash adjusted implied price for Bitcoin is now in the mid three hundred thousand dollars. Send it. Let's frickin go. Also, breaking news. Alex Jones lost ten thousand Bitcoin and a stash gifted by the high priest, Max Kaiser. But Max Kaiser says he can regain it by doing a quiz. That sounds pretty damn good. Wouldn't you say? Also in today's show, Wall Street Journal corrects their article, citing Hamas crypto terrorism funding data, which we all know is nothing more than Bitcoin FUD. Also breaking news. Crypto rug pulls leaves hundreds of Central African Republic investors penniless. That's right. There is a reason why El Salvador is the standard for nation state Bitcoin adoption. You can say that again. Also in today's show, the SEC is considering eight to 10 spot Bitcoin ETF applications. According to their chairman, Gary Gensler, I'll be breaking down the latest updates with when these approvals are likely. We're also going to be discussing the latest from Michael Saylor. He says, prepare for a Bitcoin price tsunami. I'll be breaking down his 10 million dollar Bitcoin price prediction. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show.
"over six months" Discussed on Dennis Prager Podcasts
"Yes. We're going to be picking up in the next segment with more of a conversation about specifically the RICO indictment in the state of Florida. Professor Alan Dershowitz will continue in just a few moments. I'm Julie Hartman. This is The Dennis Prager Show. The Dennis Prager Show. We're proud to announce our brand new ACLJ Life and Liberty Drive. Our legal teams will be focusing on the issues that you, our ACLJ members, have told us matter the most to you. Life and religious liberty. Join the ACLJ in the fight to keep America free. Welcome back to The Dennis Prager Show. I'm Julie Hartman. I have been discussing the slew of Trump indictments with Professor Alan Dershowitz. He is a professor of law emeritus at Harvard Law School. He was also one of Al Gore's leading attorneys in the 2000 presidential election when Al Gore disputed the results of that election in Florida. And his latest book is Get Trump The Threat to Civil Liberties, Due Process and Our Constitutional Rule of Law. So, Professor Dershowitz, I'd like to ask you some questions specifically about this Fulton County, Georgia, indictment that was brought against Donald Trump by district attorney Fannie Willis. And she has alleged that Donald Trump, among others, have violated Georgia's racketeer influenced and corrupt organizations, i.e. RICO law. Now, the RICO federal law was passed in 1970 to go after the mafia, to go after organized crime. And now at a state level, it is being levied against Donald Trump. So my question for you, with the obvious assertion that I am not a lawyer, that's why I have you on. But my understanding is that the RICO federal statute holds that the predicate acts of criminality had to have occurred over six months to a year. So if the Georgia state RICO statute has a similar requirement, isn't that an issue? Because allegedly these acts of Donald Trump only happened over a five week period in December to January of 2020 to 2021.
"over six months" Discussed on WHAS 840 AM
"Good morning. Good to have you old Fleetwood Mac for me. Thanks. Man, we were just fly it right here. I mean, come on. We went back one of the best bands of all time, and they get almost to a lot of tension transitions in the different kinds of music in form. Alright, So Jill, let's talk a little bit about inflation. The head of Kroger, one of the heads of Kroger's saying that meats, poultry, other supplies are going to be Up to 23% coming up here very shortly. Are we starting to see some real signs of inflation now? Yeah, I think so. I mean, this is the real deal as we like to say, And it is, um it's staying around longer than a lot of folks thought we would have it. But now we're going to have a Big CP reported. Consumer Price Index report will come out tomorrow and I think that we are. What we're really looking for is not for inflation to vanish, but we're looking for It to slow down and to have some sign that there are price pressures that are easing in certain sectors. And I think that's really what we're hoping for now. I don't know if we're going to get it. I think that we should all as consumers just be prepared to pay a little bit more than we were paying. Like even let's forget about last year two years ago. I think we should be prepared for that. So that we're not feeling like surprised every time we go out and encounter the economy. Okay. When you say prepare, it's one thing to prepare for chicken wings. It's another thing to prepare for maybe building onto your home renovations. So what? What kind of things do you think are going to be impacted? You know, I think it's been interesting because you know if you just go back to this past spring, we saw that lumber prices were jumping all over the place. They were, you know of a $1500 for lumber, Cash, futures. And and that was up, You know, basically 300% from pre pandemic. Okay, so When you now look at lumber prices. The good news is that the price of lumbers come back down, and that's great. But imagine if you were trying to sort of gamed the system. You said. Oh, let me go out and get my lumber right this second before I build my house, and now you have to be sitting there paying a high price when prices have fallen, so I don't suggest that people go crazy and start trading Commodity futures markets, But I do think there's going to be some problems. I mean, we just have a real shortage of appliances. And so when you talk to builders or decorators, what they're telling me is they're saying, Hey, you gotta be flexible. You know, You want the exact model of this? That and the other thing you may not find it. So I think that if we are seeing price pressures in areas like appliances, then you know you might want to get At least change the way your shopping. Being more flexible will help you save some money. And if you really are intent and say, Oh, I must have a sub zero refrigerator in this finish that's really popular. You may have to wait for a while and it's going to be more expensive. I have friends that have been waiting for a fridge for over six months. As a matter of fact, is this related to manufacturing in other countries as it related To, uh, you know, getting shipped over here. The ships being able to unload the truckers, not, you know, not enough trucks. People not working. What? What's going on? I think it's it's like yes to all of that. I think the bigger the biggest issue that seems to be plaguing us, right. This second is that we do have a global network of manufacturing. And our shipping containers are basically sitting empty in ports where there's no stuff to put into them and the shipping and where. Meanwhile where there's high demand in place like the United States, we don't have our shipping containers filled with stuff that we want. So those shipping networks have really, really taken a hit. But you're also right that truck. Think basically because there's a lot of it. There's a shortage of not just drivers, but trucks themselves and then because you don't have the product, it's a weird thing like if you're a true big trucking company, there's no product. Then why am I hiring truckers and so the cost of moving things around the world and around the country has increased and there's not enough product all that contributing to price pressures. Did I mention it's 103 days before Christmas? Yeah. Then get your toys. Now. From what I understand, Yeah, I think toys electronic. I think that I know that procrastinators are going to be really mad at me. But just think I'll pay you not to be a procrastinator because it's going to cost you more. It's going to cost. I think that prices are going to be a lot higher for the holiday time. And more importantly, I think you're just not going to get the products that you want. And as a result If you are the kind of person who loves holiday frenzy, and you would like to be in the stores on, you know, December 23rd looking for bargains, you might be find a bargain. But you know, your choice for your kid is like Do you want to gored or a ball of yarn? Is this going to do for you that really? Yeah. Exactly. The coal in the stocking. Was it? What does this do for investors? For one case. I think that investors are in a funny situation because I think the stock market sort of going sideways right now. I think that a lot of people are waiting to see what the Federal Reserve says next week when they meet, and I think that the economy is also waiting to see the impact of the Delta variant because, you know, we had a very weak jobs report The last report some of that has to do with certainly with just sort of the general economy, taking a pause. Mid The delta variant, and we have to see whether that persists because if wide swaths of the country they're not hiring that's going to slow down economic growth that's going to hurt the stock market. You know, we've been saying this for 18 19 almost 20 months. However, the pandemic progresses is going to be your leading indicator for the economy. And so if we see a real problem in this Delta variant, and it persists throughout Big parts of the country. You know whether it's the southeast or parts of the West. It won't matter that everything's hunky Doory in New York City. It will not matter. We need the whole country to actually be on track to see economic growth continue, and that's going to be really important for stock investors Get the whole boats lifted. That's for sure. Appreciate your time, Jill. Thank you. Take care. Jill Schlessinger, CBS news senior business analyst, We gotta get to a break tropical weather right now. This report. This view was worth the hike right? And it's a good.
"over six months" Discussed on The Takeaway
"On saturday. Twenty four year old kayla. Skinner won the olympic silver medal. On vault and skinner's win was utterly unexpected. An alternate on the two thousand sixteen olympic team and a non non-participant in this year's team competition. Skinner just missed earning a place in the individual apparatus competition for vault but after small stepped aside. Skinner canceled her flight back to utah. Got ourselves back to the olympic. Jim and one silver two days later. It's the kind of comeback story we all love and her win is extraordinary. Another reason just over six months ago the kayla. Skinner was diagnosed kobe. Nineteen nineteen. i was sick for a whole two weeks..
"over six months" Discussed on REAL 92.3
"Ago that maybe six I'm doing drunk and drove his call for a bridge and had his girlfriend in the drunk and she was pregnant with his kid. And then the party. Found it safe. Did insane with the stool. Come to think about it. His name was it was you damn big boy's neighborhood. Alrighty. What are you are someone you know? Hiding. Let's bring Brianna into the neighborhood. Brianna. Hello? Hello, Brianna. How you doing, Brianna? You're good. I'm good. How are you? I'm doing amazing Queen. What are you or someone you know, hiding. Uh, someone I know, Uh and I don't feel bad saying because it's a cousin who I fell off with. Obviously she's shaking, but he has, uh, one year old son. With a man who is married and the white has no idea. Still, she was having an affair for him with him for, like, three years. Oh, whoa. Yeah. Does the wife know her any like no other and not that I know of. I haven't I I know they met through work, of course. Um, yeah. She has a one year old son by him, and he's married and the wife doesn't know. No. Yeah, She's hiding that. Yeah. Does he know like does he know it is he knows? And he, um I, Because the last I heard, you know he would sneak around when he had time to come see her and see the baby. But yeah, as far as I know, I haven't talked to her in over six months. So wow, down there. Yeah, but you're talking to us today, huh? I'm she was like we fell out big. So let me she's done a lot more shady stuff, so I don't feel guilt. Wow. Now is she? I know she's not in a relationship and said, probably with him, right? Don't know. Well, what is her family swears he gonna leave? Yeah. Oh, you know, when he was radio, he can't all this so that you know, uh, he keeps saying out. You know, his wife is going to take everything from him and blah, blah, blah. You know how that goes. Now? What about her immediate family. Now I know that this is your cousin. But what about like her mom or her pops? Are uncle like somebody that's supposed to her as well. Nobody says anything. Well, yeah. I mean, they all told her, uh, you know, you know what you got yourself into. So you know, Yeah, I mean, but they're still there for her, Of course, but he's gonna be coming to the parties with the car running. You know what I'm saying? You got to need a car running like man. I'm never going to leave. Yeah, Like like, Wow. You're at Costco a long time today. Like you know what those.
"over six months" Discussed on Ace and TJ
"Don't know has it hasn't even left my phone yet has turned blue. Nobody the important questions. Like how long is this movie. I liked this movie. please stop. that's not what i say. I say. I'm not sure if you'd like to change it feel free. I'm sure it'll come back on again someday. Oh that's not what. I like it but i was giving every answer that gives the to a question has house ends with the word. Damn don't never seen it before touch the thermostat on me face when we return grounded adults and a robot. All that's coming up next. Spring is in town. Get your spring cleaning. Started and get some fresh clean sense for your home and business. Hi i'm bobby barber independent. Since he director right now you can score some great fragrances and cleaning bundles to make your job easier. All you gotta do go to smells. Just right dot com or collar ticks me at two five six seven one zero two three four to let me help you get ready for some spring gatherings with your friends and family again to five six seven one zero two three four two or go to smells just right. Dot com happy spring never duplicate who have been put on restriction or. You have been grounded for for some silly reason You know it could still be by your parents. If you're still on your parents cell phone bill you do out there. Running up all kinds of deals. Whatever you're doing and they say. I bring us that phone. No more phone for you. That would be amazing This latest is my husband had a subscription to a star trek website. Forty dollars a month. They sit in the magazine a model of spaceships at the time. He wasn't working. And i told him to cancel it or i will until he gets job. I'm not busting my butt working for you to get dumb ships. They're currently in our bedroom on a show nerd alert. Put the nerd part at the end. They're not forty dollars a month for star trick. Subscription search is cool but is not cool. It is cool. Yeah but forty dollars a month. That's insane that's a lot of money. Every month website subscription In this lady says Keep earn animus semi. My husband and one of our best friends were grounded from having fires in the fire pit after failing to properly make sure the fire was out before heading off to bed resulting in the fire spreading to the entire woodpile gas login which could have been way worse redneck punishment right de no more fires there you learn a little fires. Thank you from the fire pit. That's great. that's hilarious spread to the woodpile and now we got a fire on our hands and we ain't got no more would yeah more more would that's pretty good redneck punishment. Man forty dollars a month. That's more than an hbo. Max subscription isn't it comes out. I know of. I can't think of anything else that would cost forty dollars a month. Mlb like nfl package. or something. i don't know what that that's expensive. But it's not that i think if you divide it out. I had it in years. But if you pay out Direct tv for the nfl sunday ticket. It's like fifty dollars a month. Spread over its total is like three hundred bucks or whatever two hundred fifty bucks. But it's spread over six months fifty bucks a month but you get model spaceships with this one oh sorry get model spaceships every month a and a spaceship like she's married to the guy i don't know she's any more right than he is. You knew that going into it's not like he's sprung that on you like i'm a star trek superfan where i want to get the ships in my bedroom though. What's wrong with that. He doesn't spend money on anything else really. And that's the only thing that he's into then. Is that as bad. I don't care. I mean i don't care i'm just saying you're gonna take away this thing for them. But are you saying it would be not as bad regan's if it were forty dollars a month on some google yeah absolutely. Yeah you're got a bunch of toys like you're an adult. It was not my thing you know. Put it that way. Not my thing. Where's my millennium falcon above my edward. First wars star trek falcon by the way alex. Just the embassy she said. I'm grounded from watching any kind of sport in public due to being very passionate threatened to cut a broncos a bronco fans man bun out after the carolina panthers the super bowl alcohol was involved so it sounds like her husband or boyfriend. Whatever said hey you can't watch. I'm not going anywhere in public with to watch sports anymore. Who is this is that far too. Often women can't just be sports fans they have to let everybody know there sports fans that would ut tj that doesn't selling something that's what was. I'm pretty sure that was not me. I don't remember who was not. Hi sorry not who said they were right. Whoever did say yeah podcasts. We know by now. Ace is Against robots take over the world too much robot power going on out there triangular flirting with disaster and i tend to agree with him. But i don't. I don't get as frantic about at this point but a designer in south korea. That's the one that we get along with the goodwin Built a third. I that you stick to your forehead to prevent you from bumping into stuff while you're walking around texting on your on your phone on your devices it's got a sensor that can tell when you're looking down and there's a robotic. Is that alerts you win. You're five feet from walking into something. It's even got a robotic robotic eyelid that opens and closes when it's on or off and the guy who made it says it's supposed to be satire but he hopes that shows people how ridiculous their smartphone addiction is. Yeah but it actually works so it may end up being something now. Would you be afraid of that. He knows that's part. That's a. I make robotic arms. Things like that for people you okay. So it's like a little strap thing you strapped to your head. Yeah it looks like a cbs. I i i'm okay with it. I think it's dumb. You know people need to be more responsible and careful what we've all done it looking at your phone almost walk into something or walk into something so i'm okay with that Opening their third is. Here's the problem. The problem comes when somebody says why. Make it temporary. Let's make it permanent and implant it. Yeah the next step is the problem with this. See what i'm saying within their do i. What do you care if somebody wants to put that in their forehead because then then it's in their forehead in its into tapping into tapping into your brain then becoming a part of you and now you're altering the know the human species.
"over six months" Discussed on The Last American Vagabond
"And you know we don't just look differently Genetic composition is different The ability of lymphatic system is different and so some people We'll massively over produce these spike proteins. Some of which will escape into the general circulation and only two days ago three days ago without proven for the first time that indeed spy protein is leaking out into the Book won't get gets there. In sufficient concentration it is attracted to very specific receptors for that spike protein. That line the inside of every blood vessel in the body and is also present in other tissues that come to that spike protein attached to the inside of those blood vessels and that introduces what be cooler. Coagulation cascade respects in the an thrombosis. A blood clot that may or may not completely obstruct that vessel. That is the reason why women coming down with these rare Blood clots in In a brain in the veins of the leg and it quite likely explanations explains the F normal menstrual period in women who've just been vaccinated a particularly those who in in the menopausal age group because the expression of the ace two receptor in the lining of the uterus. The dmitri increases with age all that is the basic catha as recall pathophysiology the mechanism by which the vaccine is intended to act and the mechanism by which many of the adverse consequences take place. Yes that that's terribly important paper to show that this isn't just theory of a spike protein escaping into the into the blood in some people in significant amounts. It's now fact. And that adds one extra link in the The pathway by which some of these complications can actually take place and and those complications by We're talking about essentially the the the the gamut of them Let's not forget with the adverse reporting system that you have in the states we now extensively increasing. But they're now about full thousand deaths that have been attributed directly to the vaccination the that reporting system is full of loopholes is not necessarily that reliable Structured but there again you see every time you turn around is a huge problem if indeed now over six months into this if.
"over six months" Discussed on Biz Talk Radio
"We have had hepatitis B vaccines available for a number of years, even decades, But the older vaccines were a little bit difficult to get through the entire syriza vaccination because they required Reshot given over six months so many people didn't complete that month. Fully protected. We now have a newer vaccine called helpless of B. This is a two dose vaccine that you finished within one month and then you're fully protected so that in of itself is a huge advancement. With his wife partnered with the makers of helpless of the Dyna Vac to raise awareness about hepatitis C and about vaccination. You might be wondering, Is this gonna cause me any side effects it can cause mild side effects. Arm soreness or fatigue or headache, but you wouldn't be expected to have any severe side effects and again the upside it protect yourself from a really dangerous virus, two shots within one month Yeah, I mean, absolutely. And that's what astonishes me because this question I want to make sure we got this in because it's really bugging me. Why hasn't hepatitis B already been eliminated if there's been a vaccine available for more than 40 years? I mean, not everyone can be a chicken like me. What gives? It's a great question and up Until recently, we haven't really focused on vaccinating the general population. We were focusing on the highest risk groups. So those having unprotected sex those using intravenous drugs those with HIV, those who are on Dialysis machines for kidney failure. Etcetera healthcare workers included there, but in reality, this type of virus will continue to circulate in the community, especially a virus like this. That may not cause any symptoms. Might spread from person to person with an England realized. So now we focus on vaccinating Children, and we also have the vaccine available to adults. Even if you don't necessarily fall in the what is considered a high risk population. You can go to your doctor and get back to me. So this because you're concerned about being exposed to the virus and what it may do to you if you develop chronic hepatitis C I love that now, when you're talking to people about this, and of course you're a doctor specializing in this. What do you find to be the biggest shocker to your patients when they're finding out about this when they're saying, Oh, my God, I had no idea that hepatitis B blank blank blank. What do you find it to be? The biggest surprises When you're educating people on this. I think a lot of people don't recognize that hepatitis B can stay in your body long term. Right, and that it is a major cause of cirrhosis, liver failure, liver cancer, the major cause of the need for liver transplant. And so I don't know that everyone appreciates how severe disease that can be, but hepatitis B very different type of buyer. Unbelievable. You got a lot of people out there. Where do we send them? For more information, Helpless have be calm for information about hepatitis C about how to protect yourself. And about the vaccine. Happy with them. Be excellent, doctor. Just shooting and I knew the time would.
"over six months" Discussed on The Shawn Harvey Morning Show Podcast
"I got comfortable i had to drop the base. And unshipped sucks though. He's basically saying he started talking and all of china's auto companies and he went down to cancun and let them hit the what the good morning and dineage sox gloom. I'm glad that happened. Guess what by yourself when when my coworkers okay. So he Well city i'm trying to get some drippy sox weekend myself from my fiance. I applaud you my friend. You went down cancun and we saw the pitchers and we saw you living your best life. And anyway he was down. He got your socks socks over six months. trust me. and i'm glad you wasn't around for that fiasco species that was. When i went down there i went down there brown. I came back back right so he came. He came back. He came back black and he came back. Would you be sox. that's right. You went down and he plowed through everything. He had his hands on a sack. He was an honorary member to seal team and he went down in his glory. Widows i enjoy and i applaud you my friend for coming. I'm glad you back safely. Glad you back. And i'm glad that you have droopy socks when you went on vacation. Glad you're back safe rona free and he had time to listen to the show. That's right with trippy sax. Spoil morning right. every morning. he started his morning right while he was starting his morning right. It's been a long time for any. I think doing well. She's clubhouse does seeking and searching. I hope she finds what she's looking for. I'm just having meaniful meaningful conversation. That's what happened the last time. Okay mark a appreciate before you leave. Could you hit us with. That's that's subway voice for the lead. I hear he's getting money when you laugh money. Good morning sean. good morning good morning barbie. More ladies and gentlemen the general you can ride in the express trip.
"over six months" Discussed on Who Cares About Men's Health?
"It come on pretty quickly and then the follow up to that the sooner you treat it the better so i think you could say yes to all the above so sometimes it comes on quick. Sometimes it's a longer lasting. Oftentimes men will report. That there was a little. Bit of pain in irradiation of the pena's and they noted the curvature kinda worsening and there is kind of a maturation of that area of the scar over the course of three to six months where that pain kind of dissipates goes away and that's where the curvature kind of settles into its to kind of what it's going to be long term without any treatment For some folks that lasts a little shorter for some folks at last a little longer and then again. You know the sooner that you come in if you come in during that acute phase where they're still change happening to the curvature oftentimes. We won't recommend treatment for that because we don't know where the curvature is going to finally end up and we like to let that That kind of mature. There is some debate on that nowadays. Some people are treating these these earlier but as a rule generally will let that mature so we know what kind of curvature that we're trying to Correct in. It's interesting though that you say there's just kind of all happens is all of a sudden really gets worse over six months. Is there a certain age where it seems to happen so it usually happens in older men but it can happen at any time. I mean we have men who come into the clinic in their thirties forties fifties sixties. All the way on up. I would say a majority of folks that come in are over the age of forty five but you know it can happen at any age because again. We don't really have a good reason for a lot of times. Sometimes people can pinpoint it to a a sexual encounter where they noticed that there was a band to to the erection that.
"over six months" Discussed on The My Future Business™ Show
"You probably won't need as much or perhaps any counseling and therapy. But here's the challenge in any circumstance for the is an economic stream attached to a particular process. Debt process has to increase its market share. Care what it is and so it benefits the medical community that makes it's living on the suffering to keep coming up with more and more no seas. I mean for heaven's sakes in the diagnostic and statistical manual and matt diagnostic statistical manual of mental disorders. The d. is in five. Whatever is if you grieve more than six months. It can be diagnosed as a mental illness. Seriously if your parents have died you know or if a loved one has died. You know while grief abates over six months. It's with you a long time. Why should that be a mental illness. Why should be a normal process that we help each other with. Yeah yeah and if i think about something like adhd for example. When i was growing up there was never even such a definition is this what is an example of what you took. It is because if you take children who have. Adhd or even children have gone to the point of developing what's called a reactive reactive attachment disorder ari d Those children when you swin appearance parents are taught how to spend fifteen minutes a day with that one child in one spot. The same spot. At the same time every day there's your consistency and nears your undivided attention. Froman adult he's acting like an adult often. No symptoms disappear but let me point out some of the contributing factors that make. add adhd such such popular diagnoses. When you look at television and television drives attention span. You know whatever people like to watch what they like to watch. But you could go back to sesame street and sesame street studied children to find out how long they could pay attention and all of their programming sit was set to that particular link followed by an ad. The average attention span in classrooms..
"over six months" Discussed on Esports Network Podcast
"This audience. So Eric go through the companies you found it quite a few there are plenty of starts across this industry. What advice can you give to some one of the first steps of fouling their own Esports or gaming company that you wish you do when you were starting out darn raised before you have Mom don't do anything until you have markets it it's it's that's it. That's purely it. I guess there's two things and don't be a dick but the the biggest one is definitely until you have some formal Market 5th and you can find out if you go to market fit pretty quickly just talk to people ask questions find the right people finding users find those things find out how much they willing to pay find out if they're willing to basically walk or use your product find out all these sort of things and grow that first before you start thinking. Oh, this is amazing. This is going to work cuz I think there's there's and and then I guess the other one actually is learned from birth. Past experiences and a lot of people don't do that, especially with a t Sports because the history have a have a chat to someone like either myself or have a chat like don't talk to someone who's a consultant that's been in the year in in the game two years talked to someone who's being in the industry for twenty years because they will tell you a lot more valuable information than someone who's been in there for two years and only knows about the currency because the current scene it's all about raising this big money about raising this big capital and you don't get the history of like the companies like tournament.com the raised a hundred million dollars and went broke over six months. You don't have seats need a CDL or CTS. I think it is that raised a hundred million dollars as well and we're broke after a year-and-a-half. You don't have all of these kind of things and we're play verse was as an example before they became what they raised what they are now off and that that you kind of could find on the internet even though I know the history there and there's a lot of other companies like that that you'll that you you only get from the perspective of people that have actually been in the industry because people have a game Get it either scrubbing the internet or it's just hard to find anything that isn't relevant now absolutely agree. It's the same advice. I give to student journalists. I talked to quite a few classes about hey, what could you do any sports journalist? What if we want to get involved in this space? And the first thing I tell them is get to know the history of the space get to know everything that happened with Major League Gaming from 2002 to 2010. That's where the start get to the creedy sports Association how this developed in Asia and that will guide your accurate reporting on this space if you understand what happened long before you probably got involved in it that was the case for me cuz we got a school, you know, I was in the 2015 2016 range was like, oh massive Madison Square Garden League of Legends. This is crazy thing off you go back in time and you're like, okay, let's look at the Madden tour bus as like an example of where it's these things that happen is sports over the time that I think are really crucial job. Like understand how we got to the place where at today and then helped give you those guiding lessons to make sure that the same mistakes aren't made. Well MLG an ESL at two really good examples of understanding their Acquisitions why they happened what happened with the issues they ran into especially MLG with God Frank cuz they had a whole pile of litigation issues with God frag when they did their acquisition why they got acquired by Activision and wage. It's it's an interesting story. That's probably better for another time. But in terms of those sort of things and that history that was kind of built there is actually really important because getting a quiet is a skilled gaming platform different platform broadcasting platform any of those by a publisher is a huge problem from both illegal Nightmare and a whole pile of other things because the skilled gamer is 18 plus as well as the tournament system requires 18 plus or Parental Guidance cetera, et cetera. So it becomes a Minefield on those sort of things and then you've got ESL same thing going through their acquisition and the different times they are now with mods. This group and and the difference in the kind of the company structure cuz everyone says he s l and they see these companies and they're like, they must be making it a billion dollars and I'm like, yeah doesn't look like that. It may seem like that from the outside cuz they're doing these large events and they're doing these things. But in terms of the revenue is not driven as much as you kind of think from that. It's really driven through the Publishers. Yeah, if you're done if you're not the publisher gave and you work a t sport chances are the money is not flowing your exactly there's only a few Outlets the kind of work and I've been in basically every single facet of that because I used to run events with the young. I used to run a lot of those sort of things with them for a long time. Actually u c l e s w c w c g a lot of the events around those and running those Live Events is is great. But it's like a break even marketing cost. It's not a it's it's what you'll use to fuel income elsewhere. Not what you're used to make money lost leader marketing basically at this point. Yeah, exactly. That's it's a funny industry to be it especially as we look at where these Sports organizations are going. This is totally off topic. By the way. Just the I had em for this wasn't for a podcast but I talked to Jason Lake in Andy Miller Jason Lake complexity CEO Andy Miller NRG CEO for audience. I do you do that. They were basically talking about hey, we're going to make Revenue eventually with our religious the Publishers of Olives. That's that's what we're counting on to make money in the mean time. We're going to keep building our brand up in whatever way we can we're to keep trying to capture feds. But really we just need to log get to a point where Publishers need us to enter the game because that will bring fans that will bring the marketing there looking for and then the Publishers have to reward us for doing so and that's kind of just walk the biggest eastwards organizations in the world see this space right now and that's it tells a lot. I think it will you actually have a look at most of these Sports organizations or actually converting from competitive Play De comme Recreation almost all right, converting over to that for Revenue basis cuz I've talked to a lot of these guys you have come like you've got Team Liquid as an example of trying to push in the text side of things cuz we've talked to him a few times about what they're doing for Thursday. We also consulted with the guild who raised with David Beckham, or they paid David Beckham to re it was it was a debacle. It was a drastic they they they are doing a good job. I think they really heavily like ninety percent of the money that they raised is purely attack. It's not to do to build out the team and build out anything on that account on the arm competitive site is secured purely build out both the content side as well as a Tech play on them because of the end of the day all this content and everything that they're creating in these fans and these users they need to figure out a way to monetize them and monetizing them generally comes through like merchandise. It comes through tourneys to come home a brand deals. And unfortunately, if you're the best game in the world, it doesn't mean you have a massive following you may not be entertaining to watch. So therefore content creation becomes king for this and which dog And fuels Brands which in turn fuels everything else and like I just talking to so as as Consulting with IDC, I think like probably a couple of weeks ago. I was I was talking to them cuz they're doing metro sports at the moment and it was a pretty interesting conversation cuz they're one of the first companies that isn't Yuzu that isn't that they're doing it. They're doing Esports Revenue a very different way. So Esports Revenue right now is off late. It is how much so it's like one point two billion or something. It's basically nothing compared to the publisher revenues like a hundred and sixty billion. So and that's where most of the revenue from E Sports is actually going. So what they're doing is they're doing a bottom-up kind of approach and looking at all of these other things that are kind of skewing it. So right now Esports revenue is calculated with just brands that are paying for events and advertising and all the way around that around which basically whereas they're looking at it from the other side of things and they're like, look, there's all this gambling Revenue that's also generated on top of Like betting on these matches and all this this looking that's that's showing any sports revenue and you've got companies like skills that their revenue alone for skills is bigger than the revenue of every single e sports team exists in the world in his voice. That's
"over six months" Discussed on WTOP
"British scientists say the outbreak there is shrinking for the first time in over six months. This decline in the UK reflects a drop in confirmed cases worldwide. The number of reported infections globally has declined for the fourth week in a row, according to the World Health Organization, and the number of deaths also fell for the second consecutive week. But the head of the W. H O is cautioning against lifting health restrictions. Now, the latest on the controversy embroiling New York Governor Andrew Cuomo after it in Mission by one of his aides, she says. The Cuomo administration took months to share news on nursing home Cova deaths in the state because they froze over worries the information would be used against them. This is all. According to a Democratic lawmaker who attended the Wednesday meeting and a partial transcript provided by the governor's office. Republicans are calling for resignations of both Cuomo and the AIDS secretary to the governor Melissa Derosa. More than 10,000. New Yorkers have died in nursing homes since the pandemic began. Progressive Democrats are blasting the Cuomo administration for its lack of transparency. Wt open, used time to 40 to the Defense Department and health and human Services have reached a deal to buy another 100 million doses of Copan 19 vaccine more from federal news networks Jared Sirbu. Under the latest purchase agreements, the government will pay another $2 billion to Fizer and another $1.7 billion to Madonna. The deal may has announced by the Pentagon last night brings the total number of doses the federal government is buying from the companies to 600 million. Agent Jackson Dut say they have separate plans to buy doses from four Other drugmakers if and when their vaccine candidates get emergency use authorization from the FDA. Jared serving federal news network will check sports next to 43 Have you wanted.
"over six months" Discussed on Christoph Trappe: Business Storytelling Podcast
"They were supposed to approve it. And i think today what i've learned is you have to collaborate. I mean you can't just go and be like oh this is my idea. Let's pitch. I'm i'm stuck with my idea. I'm not you know. How do we make it better together. So there is a. There is a space for leaders to also be part of the collaboration team right and not. Just oh yeah. Here's my rubber stamp. it's a potentially good. Yeah and i call that. The gladiator effect where a leader either says anal. Yes the idea. Lives or no at dies and that whole philosophy about a yes or no or right or wrong with an idea is a big part of why y leaders executives will say you know somebody new starts on our team or in our company and they come to me. They're always in my door and they've got a jillian ideas from the guy right here. We go again but slowly over six months that frequency of new ideas goes away and they never see him again and they say you know where did all these idea generating people go. What happened to them. Well a lot about a lot of this situation is how they're given feedback. It's either you know. Like i said a a solid yes or a no. It's black and white or it's vague fuzzy feedback that the person. Here's perhaps feels a little intimidated by you. Know your boss your clients or whoever it is and doesn't want to dig into what that feedback means and so they go back to their desk and they think. Why don't exactly know what to do. So i'm not gonna do anything. So if we want better ideas from our teams as leaders. One of the things that we have to be willing to do is get better at giving feedback and encouraging people and i talk about a two step process or two questions that really help and the first question is what i like because i think anybody who comes forward with an idea needs to at least be given credit. They had the courage. You know often to even step forward and raise your hand with an idea. There's always something to like if it's if it's just as basic as you know. I'm glad you thinking about this from a from a different perspective and trying to solve this problem and then the other question is what i wish in. This is a way to focus feedback. Not on the person who's who's pitching the idea but on the idea and it shows that the executive can understand what i wish this idea would include in what i wish it could solve or something like that. It helps take the spin and make it more about. Let's evolve this idea together. And i think that the best ideas the best changes the best kind of innovative thinking truly is collaborative in it. It brings people into the idea and makes the idea feel like more people have ownership of it. And that's also how you get. The you know the legs of an idea through an organization in help smooth some of those rough edges hurdles and infection along the way and getting people's By in so to speak or partnership a better word in my opinion a lot. I like to think of it. That way outta we partner in move things. Forward certainly is helpful..
"over six months" Discussed on WBZ NewsRadio 1030
"You get your news, WBZ news radio. 42 degrees with heavy rain in Boston at eight o'clock. Good morning. I'm Charlie Bergeron. Here's what's happening. While the good news is our January temperatures are remaining above average, so no need for that snow shovel. This morning. However, you certainly will need an umbrella and some good windshield wipers as you head out today. Great amounts, about a half inch to an inch and a half across the board. Pretty good soaking, but Because it's been so dry. That's not gonna cause any significant issues. Just some big puddles in a muddy day out there, WBZ TV meteorologist Eric Fisher and the full four day accurate the forecast. Coming up in just a couple of minutes. Remind her keep your distance. Where you mask wash your hands. Every chance you get. There are now an estimated 93,500 active cases of the Corona virus. In Massachusetts, another 5000 positive cases and 75 additional deaths reported yesterday by the Department of Public Health. It is good to see the seven day average of positive tests in the state down somewhat. It was over 7%. It's now 6.45. 2200 patients hospitalized statewide with a Corona virus related illness, 451 in intensive care, Massachusetts now dropping its requirement for all students to get a flu shot. In order to go to school after mandating all students over six months old, attending daycare, pre K K through 12 and college must get a flu shot in order to attend school. The state Department of Public Health now says, basically never mind dropping the mandate..
"over six months" Discussed on Self Made Strategies
"That but we weren't anymore it's act. We had our mission core values. We had a lot of trials and tribulations and we started see when we made good decisions on who we opened the gates of our castle to and we. We opened the gates in the castle. Not because you're smart or your hands on where you're educated or this or that we opened the gates because you see our bat signal up in the sky and you like that bad signal which happens to be our mission. Core values makes my heart race. I want i want to be inside that castle so we let you in our castle. You believe in making better. You believe that you serve yourself by serving others. You believe that. We embrace being outgoing joins and disciplined the things that we believe differentiate us and make our on an impactful when people opt into those things we feel like we can build a successful team as a result of that and so everyone thought we were going to fail. I on one hand. How many people. And i wouldn't even say many people thought we would succeed. Everyone pretty much thought we were going to fail. And so there was a lot of motivation for that but when we opened up equal thirteenth. Two thousand fifteen myself and john fry and donald caralis the founding dean of close bunch nor ship at drexel. We did tell us presser shots and the place is filled out with students with faculty community members. John i went outside and he pointed behind him and then he goes next. This is the future of education. Everyone needs to learn the skills. You guys are teaching emotional intelligence critical thinking culture ledger jealousy. We're a great university drexel. We can't teach any of those things in the classroom with those are the things that all of our students are demanding. Learn what their parents expect them to learn what the employers are demanding. Young people coming into the workforce app so we need these things in education. And i would say the lessons that we learned our one very specific you know. So much of this is predicated on the what we call the students. Ceo so the person who's responsible for the businesses a students cio over six months. That's.