40 Burst results for "Two Days"
CoinDesk Podcast Network
SBF TRIAL: 09/29 Update
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. In a rare display of candor or as part of a calculated exercise in reputation management, Sam Bankman -Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by Coindesk's Christine Lee and published for the first time on Friday. I don't really know what happiness means, he said in one of the tweets, which he wrote just weeks after his crypto empire blew up last year as he was facing down a tidal wave of public scorn. The tweets published by Coindesk strike a similar tone to those obtained earlier this month by the New York Times. In both cases, it's difficult to discern whether Bankman -Fried's musings provide an authentic glimpse into the beleaguered crypto founder's psyche or whether his mental health battles and personal anecdotes have been played up for sympathy. On this front, it's impossible to fairly speculate, though it seems likely that Bankman -Fried's mental health struggles could play a role in his defense. Also this week, Judge Lewis Kaplan, who is overseeing Bankman -Fried's trial, struck down a request from the FTX founder's lawyers asking that he be temporarily released from prison. Bankman -Fried has been held in Brooklyn's Metropolitan Detention Center since his bail was revoked in July, and his lawyers argued for the third time on Thursday that this has made it difficult for them to prepare for trial. With Bankman -Fried's trial set to begin next week, the argument from his lawyers this time around was that Bankman -Fried would need time to strategize during his trial. Previously, they'd asked he be granted release ahead of time. Kaplan again denied the motion arguing the FTX founder has had ample opportunity to review the evidence and prep his defense over the past several months. Kaplan did make some concessions, however, ordering the Department of Prisons to ensure Bankman -Fried be delivered to court at a brisk 7 a .m. on most days of the trial, designed to give him and his lawyers a bit of extra time to incorporate fresh testimony into their defense. Part of Kaplan's rationale for denying the release request came from his belief, as a seasoned jurist, that Bankman -Fried might present a flight risk. "'Your client could be looking at a very long sentence,' Kaplan told Bankman -Fried's lawyers. If things looked bleak and he had the opportunity, maybe he would seek to flee." On a housekeeping note, we officially have the court calendar for the trial through November 11. The court will meet four days a week except for the week of October 22, when it will only be in session two days.
The Charlie Kirk Show
Fresh update on "two days" discussed on The Charlie Kirk Show
"Because people like to say salsa. Because people like to say salsa. You can put salsa on so much stuff. Get to get that clip, Ryan. It is legendary. OK, here is more. I don't want to. Is she technically a foreigner? I think she's an American. So I want to be I want to be truthful, but she certainly acts like a foreigner. Play cut 174. The Department of Homeland Security warns that violence against LGBTQ plus people is on the rise and intensifying. According to a recent study, members of that community are nine times more likely to be victims of violent hate crimes as president. How would you protect this community from violent attacks and discrimination? Am I watching like Rachel Maddow with like a heavy South American accent? I mean, this is supposed to be a repub Tyler. This should make people repulsed. It doesn't have to be this way. If you want that, then go on CNN, right? Oh, the number one attack is attacks against LGBT people. Like first of all, no, it's not. Second of all, like what kind of framing is this? The number one attack right now. And again, I grew up here in Arizona. You know, I understand. I don't speak fluent Spanish. I have many members of my family who do. But the number I have many friends who are first and second, third generation, you know, Mexican immigrants. So this is the number one. This is the number one thing, right? The biggest attack on their families right now is the attack on their family's small business. They all run small businesses, varying types, stores, service industry businesses. They all run their own businesses. Their life has been almost utterly destroyed in the past three years. Utterly. That's it. And all they talk about on Univision and Telemundo is the LGBTQ. Like I ask a single Mexican business owner here in Arizona. We can walk on the street, go to a taco truck and say, hey, is how are LGBTQ issues affecting your taco truck business? It's not or your landscaping business or whatever your small business, your store, whatever it is, how does that impact you? They're like, you know, say, I don't know what you're talking about, bro. Let's just remember what I even more thought crime. Go ahead. I just remember in DC, I lived near Burger King. R.I.P. I guess we're boycotting Burger King now. Poison King. I did get food poisoning the one time I went there. But it tends to happen. It had a television at it, and it was in a neighborhood that was mostly Hispanic. And I remember a big moment was, I think, 2019 or 2020. They had the TVs there. And the only guys who were there kind of in the evening were these, like, working class Hispanic guys who just got off their jobs. And they got the management to change the television channel from CNN to Fox News because they wanted to watch Tucker Carlson when he came on at 7 a.m. Hey, I say, put down the Tucker man. Hey, I say, I want to see him. Oh, I like what Tucker has to say. That's good stuff. You can't put salsa on an Impossible Burger. So this is any place that serves an Impossible Burger. They should be deported. Not immediately. Hispanics watching Tucker Carlson. There should be a country we send these people back to, like, Impossible Land. Only thing left at my, again, heavily Hispanic grocery store in DC. Only thing left during covid when they cleaned it all out was the Impossible Burger. Oh, I think that's great. But by the way, this this woman, India Calderon, someone should ask, like, hey, what percentage of your people that watch Univision think men can give birth? Like, I mean, it's LGBT issues. No, Hispanics are actually vehemently against the radical gay agenda. You should have a Colombian. We should have a debate. But she's a Colombian born. I don't I don't know where she was raised. Yeah, but she's Colombian. So this is this is the point. Guys, we got to stop listening. And I know this is really hard to hear. We have some really great people. Our team at Cherry Point Action, actually, Drana, who's awesome. She's Cuban. She's terrific. Wonderful. But like the number one group that we have to speak to, we have to connect with right now in America is the Mexican American community. This is like all that matters. And this is like we're like there's the left, the far left. You have these crazy radical leftists that are born in South America and Central America. And you have these crazy right wing, right? You're not changing their minds. You know, you're changing the minds of all the people who are like, wait, the must class, the ordinary class, which are Mexican Americans who have been here for three or four generations that are like I have a connection or two or one right here in Arizona. We have a lot of that. But that all they care about is a small business. They have a Mexican heritage. We all we eat Mexican food. I got I'm a mix. I can't survive without Mexican food, right? Nobody's talking about Mexican food. Nobody's the closest we ever got. The best taco salad. The best taco bowls are made at Trump Tower. We need to talk about that. And that's all we talk about for a week was the taco salad. That's like a real Mexican food. Like like we should be talking about who like real stuff that Mexican Americans, the Mexicans can. All right. More from the play. Cut one seventy five Colombian Univision poll found that mass shootings and gun safety are one of the most important issue for Latino voters. Mental health concerns are not unique to the United States, but gun violence is. What is your specific plan to curb gun violence? Wait, wait. So you brought up the point of Mexico. That's the one that brought up earlier. You have a cartels. You talk about this. She's from Colombia. You want to talk about cartels? You think cartels are bad in Juarez? Pablo Escobar much? We're talking about Colombia. Literally, we've had years. We've had years where Bogota has more murders than Chicago. That's really hard to do. That's really, really hard to do. I think it's Bogota. I don't care how they pronounce it. I'm American. I pronounce it the American way. Bojota, Bogota, Bajita, Cartagena, Medellin. All right. Okay. If you're from Venezuela, if you're from Colombia, if you're from literally Rio, like you can't tell us about gun violence. All right. You just can't talk about it. And like, by the way, those three places make Juarez look walkable. All right. Like they just make, they make see that whereas hold on. Juarez is still really bad, but compared to like Rio. Have you seen the crime stats in Rio? Juarez goes up and down. We don't need to go deep into the lower on Juarez. Hey, look, my dad goes against his T walks in Juarez on Periscope. A couple of years ago, we did the, we did a whole thing on it. Like Tanya and I walked over and we were with like DC Drano and everybody in El Paso. And we were like, come on, let's go walk into Juarez. And nobody wanted to do it. So we just walked over and everyone else was too scared. We were fine. We went in the middle of the day, of course, but we were perfectly fine. We had tacos Juarez. Oh, Tijuana. It was Tijuana had 2,052 murders in 2022. Yeah. That's not merely more than Chicago. That is three times more than Chicago. That's the place to go for medical procedure and murder. The two M's the two big M's Acapulco used to be this huge thing. Down in Mexico. It's like a resort town. JFK and Jackie O went on, went there on their honeymoon back in the sixties. And now it's like totally cartel controlled. Like there used to be movies shot down there. Hollywood would do stuff. And now it's, it's all just like cartel land. You don't go to three big, three big M's medical procedures, murder and Mexican food. That's why you go to Tijuana. Okay. Our producers yelling us. We have to say who won or lost the debate. Jack, you actually watched, did anybody win Donald Trump? Yes, but come on. Did anyone win? Um, honestly, so I was handicapping this during the, uh, during the thing. Right. And that's, that's what people understand. Like we're, we do this, you know, we're supposed to be like the political strategist here. It's like, try to explain what's going on. So Nikki Haley was having a really good night was all right. For like 80 to 85% of the debate until that crap came up about the curtains, which could have been funny. There's like curtains in the UN ambassador's office that, that Tim Scott brought up and there was this big, uh, New York times hit piece on it. And he tries to bring it up as like his gotcha on Nikki Haley. And instead of like brushing it off, she decided to get in this like shrill, nasty, arguing debate and like totally engage him on the issue. It got really personal and it sounded like the two of them were just throwing estrogen at each other. And it was awful. It was absolutely disgusting. And so she destroyed everything that she had built up prior to that point in that moment. Um, so that was a really, really bad, uh, moment for her. And it, it really destroyed all the momentum she had built up until that point. Then the other big winner of the night, other than, of course we can say Trump won was Joe Biden. Um, and this was because Ron DeSantis decided to, to give Joe Biden the biggest gift they could think of with a giant bow on it by blaming Donald Trump for the inflation in America. This is a huge deal. Uh, one that Joe Biden's team online picked up immediately by the next morning, they had already had an entire, you know, uh, campaign video cut on this. This is going to be run in swing States. This is going to be set on the debate stage in 2024, where a Republican governor has decided just completely adopt Joe Biden's white house narrative that Donald Trump is responsible for inflation. I think it was, I mean, number one, just a, a complete, uh, backstab by DeSantis. And in, in, in the pro wrestling world, they call it scumbagging by the way. So he scumbagged him. And then what it, what it really is was a kamikaze kind of move from a failing and desperate campaign to say that, well, if we can't win, then we're going to try to sabotage Trump. And that's exactly what they did. Well, okay. But I mean, the Trump campaign has done that to DeSantis too. Like the DeSantis campaign doesn't have any chance of winning Blake. Are you paying attention to like how politics works in America? Or are you just kind of like paying attention to Blake? Well, okay. But you know, I'm not on Trump's payroll here. So none of us are, or any of us on Trump's payroll. I don't know. Sometimes I wonder, I wish I was on Trump's payroll. Nobody's on Trump's payroll. I will tell you that like, there's literally very, there's only a few and you will know who they are that the U S murder rate in 2021 was 6.9 homicides per a hundred thousand people. Columbia is 27.48. So anyway, sorry, go back. Okay. Let's play another piece of tape here. Let's go to where's oh yeah. From the debate here. Oh yeah. Arguing about the curtains. Really fruitful. Play con one fifty. Look, I appreciate Tim. We've known each other a long time, but he's been there twelve years and he hasn't done any of that. He hasn't. They've only given four budgets on time for the spending. You voted for a gas tax increase in South Carolina. Twelve years. Where have you been? Here's what you've done. Ron, let me finish. These guys have said, here's the fact. And I appreciate a lot of the things they're saying. The only one up here who's gotten in the big fights and has delivered big victories for the people of Florida. And that's what it's all about. Like, it's just so lame. Like, is anyone going to care about this in like two days? I just can't imagine it. Like they didn't care to begin with us. They did. Yeah. No one's going to watch. No one's going to care. No one knows. You need to have like watch Fox news all day to have any idea what anyone's talking about with the curtains thing, nor will it just ever, ever matter. It's like, what do we even remember from the Democrat ones? Like four years ago, it was like Kamala Harris, like something about, she was like a girl on a bus or something. And it didn't matter. No one cares. No one cares. And I was a little girl. And then Joe Biden came. And that little girl was me. Yeah. And then Joe Biden personally came in and re-segregated the schools and she still became his vice president. All right. So this is the supposed to be the line of the night. He rehearsed it five times. He looked in the mirror. His consultants whispered him. And did he stick the landing? Well, that's really rich. Asking if Chris Christie could stick a landing play cut one 43. And I want to look at that camera right now and tell you, Donald, I know you're watching. You can't help yourself. I know you're watching. Okay. And you're not here tonight. Not because of polls and not because of your indictments. You're not here tonight because you're afraid of being on this stage and defending your record. You're ducking these things. And let me tell you what's going to happen. You keep doing that. No one up here is going to call you Donald Trump anymore. We're going to call you Donald Duck. All right. I want to ask. Boom. Whoa. Whoa. It's a pun ever. He's done. He's just doing guys this. How will Trump recover? Losing all my Trump paychecks after this. Easy check. So the the question that a lot of our audience has, Tyler, is that those people that did watch it watched clips. And we got this question before is who's in the audience. Not very many. Yeah. First, just let me just in person or on on on it. Well, yeah. I mean, online, not very many people or whatever. The viewer numbers, we don't know what they are, but I bet they're sub 10 million. Would you agree, Blake? I think based on online chatter, sub 10 million, which would be a disaster. OK, Tyler, but who's actually physically in the audience? Because when Chris Christie starts taunting Trump, there was not a smattering, but I'd say a fractional applause, like about half the room enjoyed it. So what do you think he actually goes to these? Yes. Again, so the Reagan library is not very big. So if I was going to I logistically know the property pretty well. Yeah. So Charlie's been there a bunch of times. I've been there, I think, one time. It's beautiful. I love it. It's in a very beautiful spot. It is very palacious. It's very, very cool. It used to be very conservative. It's now like a very purplish area. It's going to get worse. So Simi Valley. Yeah. So thanks to Ronald Reagan's policies, by the way. Yeah. Thanks. Thanks to just the utter destruction of California. It's the ultimate irony, right? So so a lot of people don't realize it. So if we were going to host a debate, Charlie, at Turning Point Action, which we could do, you know, if the RNC actually wanted to work with conservatives, we would probably make it open and try to invite the whole world. Because why not? Like, why wouldn't you try to get like, do this in a swing state, where you invite people in and just 25,000 people? Yeah. To hear people like, like give the public, the general public a chance to actually hear from who's going to be president of the United States. They decided to do this at the Ronald Reagan Library, which can see comfortably 250 people max, especially where they decided to do it, which was next to Air Force One. Right. It was right near that huge glass. So that's before you add the stage. But what was interesting to me, though, to start interrupt, they did it in a different place than they did it in 2015. Yeah. In 15, they did it. I noticed that. Right, Jack? Yeah. I wasn't the only one. I actually think it was the other. Yeah. Like the shot better in 15, 2015. So the shot, the shot looked way better in 15, didn't it? This looked awfully tight and forced crammed. It's tight no matter which way you can do it. And the guys, can the guys pull that together? No, yeah. Anyway, I don't mean to get too wonky into the aesthetic. No, no, no, no. You're 100%. Like I noticed it as well. I really did. So Tyler, I think that when they did it before, they tried to actually get more people in. This time, I think literally there was like less than 250 people. There is what my understanding was somewhere in that ballpark. So that's what they were telling people, at least at the RNC. The RNC members literally couldn't go even if they wanted to. Right. It was basically most of the people that were in that crowd were friends of Kevin McCarthy.
The Bitboy Crypto Podcast
A highlight from Ethereum ETF LAUNCHING Monday?! (Leaked SEC Documents)
"Good morning, everybody. It is September 28th. It's 1130, and it is time to discover crypto. We got Tim and BJ on the ones and twos. How are you two doing today? I'm doing fantastic, man. Alright. Ready for the show. BJ, are you in the silent era? Yes. Okay. He's in the silent era. Guys, we got a great show today. We're going to talk about the Bitcoin 1 %ers. We're going to talk about ETH futures ETF and how a senior analyst of ETFs at Bloomberg thinks it is going to be approved on Tuesday, folks. And that's why maybe you're seeing this huge, huge pump in ETH and a lot of alts as well. Also, we're going to talk about Gary Gensler getting roasted. We're going to replay the clip of the Pokemon cards. It's just too good not to share. Also, AI is alive. It's alive right now. How soon do we have a Terminator 2 style D -Day? Give it about 30 years. 30 years, folks. 30 years. Alright. We'll go ahead and start building the bunker right now. Yes, DC's in the suspenders. I know. If you just had the green bow tie, you and McHenry. Alright. One, I'm not going to wear a bow tie. Nothing against bow ties. Just bow ties aren't for me. I'm going to wear a regular tie with the classic winds or not, or I'm going to wear the suspenders. Yeah. This used to be my old bartending get up. I'll tell you what. You wear the suspenders in the button -up shirt. I'll wear the hoodie, but I'll wear the bow tie with the hoodie, and then we'll complete the whole ensemble. Okay. Okay. So you'll be like Fetterman, and I'll be Fetterman's, like, lowest level employee. Exactly. Yes. What were you going to say, BJ? That's like Voltron, yeah. Yeah, yeah. Then we'll team up. Alright. Well, let's just get right to the market cap story here. Alright. Where are we at? Whoa. Did you see that pump right there? Yesterday, we were up around 0 .4%. Today, we are up 2 .3 % for the crypto market cap. We had passed 1 .1 trillion. 24 -hour volume for the first time in a long time is above $50 billion. We're coming in at $52 billion. Bitcoin dominance, Tim's looking a little happy here. It was 47 .1 for a few days. It is now up to 47 .3. Gas, surprisingly low, only 20 Gwei, but it's actually about double of what it was yesterday, but still pretty low. I was surprised to see that. Alright, let's look at the pricing here. We have Bitcoin up 2 .1%. It is now coming in at 26 ,858 bucks. We have Ethereum past 1600, now 1638. It is up 2 .5%. BNB up 1%. XRP up 0 .5%. And we have Cardano up 1 .6%. Solana. Solana is pumping, folks. We have it up 2 .6. And TonCoin erasing about a third of the losses of the past week. It is up 2 .7%. But I'm ready to look at some of these top gainers. Ooh, look at Bitcoin Cash as well. Have you ever thought about trading Bitcoin SV or Bitcoin Cash? Because they do have pretty big moves. Yeah, no, I mean, they definitely are probably better for trading, especially if you want to stay away from leverage, but you still want to be able to utilize the moves of Bitcoin. But yeah, I haven't ever done it. Don't think I will. Okay. Alright. Well, let's look at the top gainers. Let's look at the top losers here. Wow. We have Compound. It is skyrocketing, folks. And Compound has shot back into the top 100. I have RollBit up 12 % just for today. I have a little bit of exposure to RollBit and a little bit of exposure to Apecoin. And I have a couple comic book issues of Thor, but I don't know if that will affect my pricing there. But it is up 10 .8 % and Apecoin up 7 .4%. Bitcoin Cash coming in as the top five gainer here, followed by Lido, DAL, then Aave, GMX, Maker, Arbitrum, Stacks. And then, hey, look, a little Chainlink way down at the bottom. Do you have any of these alts? You're not much of an alt guy, right? No, I mean, I have alts, but I don't go that deep. The moment I have about eight of them, Aave is one that is close to being on the list of maybe I'll come into it. You know what? You don't want to get into, though. I've been watching a lot of maybe... I think he's going to come on the show in the future. Shout out to Crypto Archie. Archie's been going really deep in some degens that are sitting around like a $4 million market cap, and their chances of 100Xing are greater than others. I do think I'm going to start looking into a real good degen portfolio. It's probably not going to take up more than... 10 % is probably being generous in my entire portfolio, but I like where I am. I'm definitely very top -heavy when it comes to crypto. I'm more conservative with my investments, but I'm going to take a little bit of risk this market. All right, BG says, BCH is my secret crush. My dirty girl, he calls it. Where's the one person? A million dollar vision. We're going to give you a million dollar vision. Hopefully, you can stick around and just be part of that positive message. I believe you will. I'm believing in you. All right, well, speaking of believing, I'm believing today we'll not have any of these these coins in the biggest losers of the top 100 cryptocurrencies here. I'm manifesting it. It's failed in the past, but today I'm feeling good. Let's go ahead and look. What do we have? We have Casper. All right, I'm not pale as it goes just yet. Casper is down only 1 .2, then followed by tethered gold. So this is a peg to gold price here, then gate, then another gold. We have another gold coin essentially losing here, then injective, and then stable coins. Wow, I escaped it today. I escaped it today, but gold's on the way down and I have exposure to gold. So does that count? Any day that stable coins are in your top losers, it's a good day for crypto. All right, can we, before we jump over to the top story here, can we look at some gold pricing and silver pricing here? I want to look at gold on Kitco, and if you want to look at silver, maybe we could check out some prices. I like Kitco, K -I -T -C -O. Here we have gold pulling up. Gold is down $14 for the day, so not a whole lot there when the price is coming in at $18 .61. How soon until ETH passes an ounce of gold? One ETH almost equals one ounce of gold. Costco starting to sell gold. I looked into it. They sell out usually within hours whenever they limit two per customer, but they sell one ounce nuggets right around spot price. All right, what do we have for silver? I don't know if this is the right one or not. I looked it up. This says CFDs on silver. Oh, you're a trading view guy. We like trading view. Shout out to Marcus Seifer. Price slightly down, but it's definitely got a consolidation kind of pattern going on here. Yes, we're still kind of moving, setting some higher lows, but we kind of flat out here. After kind of getting kind of in this region, we've flattened out with these lows. The resistance is getting lower, but I'm going to go ahead and say, Deezy, I think that this is a pattern. Watch what happens to support. We're back down at support, but this is a pattern I would almost lean more towards a move to the upside. Let me look at oscillators on this. Yeah, I'm feeling like that's bullish. I'm feeling like that's bullish. Plus, silver has underperformed relative to gold in the past 10, 20 years. I'm feeling pretty good about it right now. Yeah, no, the charts on the daily chart look more bullish than bearish, I would say. It's kind of sitting somewhat in the middle, but more bullish than bearish. All right, and we have Danny Boy saying, look at 100 coin. Maybe, maybe. We'll see. I don't know. Maybe we'll get some time here. All right, well, let's get into the top story here. ETH, futures, ETFs. What is it going to mean? I also got some short form content. Guys, we have an article talking about these Bloomberg analysts. I'm just going to do the deep dive as well, so let's read paragraph or two, and then we'll just see what exactly they're talking about. Let's go to the source material. Let's go to the source code of the simulation here. Bloomberg analyst shares information leaked from the inside that SEC on Ethereum futures ETF. They gave the good news date, folks. We're talking about Eric Balchunas. He's the senior ETF analyst. We're not talking about the janitor there. We're not talking about, you know, the guy that makes a tweet every now then. We're talking about their senior ETF analyst. And he said in a statement, he has inside on info when the SEC will approve the ETH futures ETF. Now, we know there's inside information. Who's going to have better inside info than Bloomberg senior ETF analyst? I'm feeling pretty good about this guy's sources. Now, you got to be careful. Never trust anonymous sources. But if I'm going to trust one, I might end up having to trust this one. All right, let's see what exactly were they talking about? It all started. Let's James Safart here. Nothing yet, but watching for filings to indicate Ethereum futures are indeed being accelerated for launch next week. All right, so what was he talking about here? Here's a repost from Eric. So Ether future ETFs could be trading as early as Tuesday, folks, as the SEC looks to speed things up and in order to get it done before the looming shutdown, just like they sped up delays on spot Bitcoin ETFs. If so, issuers likely in mad scramble as we seek to update the doc. So we have the government shutdown to thank for this actually getting sped up because we covered it I think two days ago. We looked at when the government shutdown happens, what happens through the individual agencies. If you weren't here, guys, SEC will reduce 90 % of its workforce, CFTC along the same line. So 10 poise, there's only going to be one showing up in that office. That's going to be a very lonely office. So what they're trying to do, they're trying to clear all the paperwork off the desks before it's just that one guy alone. I feel bad for that guy. Who is that guy? Shoot us a message here. All right, well, let's go back to X here. So he was quote tweeting this tweet from 14 hours ago. Well, let's, uh, let's see looking like SEC is going to let a bunch of ETH futures ETFs go next week, potentially. And then he was quoting this tweet. So let's look at that tweet. And then that was the one earlier hearing they might update so they can go on effective on Monday and trade on Tuesday. They've asked filers to update their docs by fry, uh, Friday PM. Uh, I'm guessing that's the end of day Friday. So they have till tomorrow, 5 PM Eastern standard time, get your paperwork done. If you get your spot futures, I'm sorry, your futures ETF paperwork filed, you might be able to trade it on a Tuesday. We're going to go ahead and get that in submitted on a Monday. So this guys, this could be very, very big. Now we have to wait till Monday, you know, nothing set in stone here, but however, according to the analyst, they will approve, uh, of the applications that candidates who do update it by Friday afternoon, and they will begin trading on Tuesday. Uh, how speaker McCarthy rejected the stopgap funding bill advancing in the Senate on Wednesday, leaving us just four days from the fourth partial shutdown of the U S government in the past decade. It is thought that a closure event would deeply affect the sec. It is rumored that the spot ETF applications were postponed early for this reason. So chat, where are you coming in? Are we going to shut down? I didn't realize we had done it four times in the past 10 years. I would have maybe said two in the past 15. That makes me think guys, I'm, I'm starting to lean towards, you know, if you asked me three days ago, I'm under 50%. I'm leaning towards 50%. I might even exceed 50 % by tomorrow. Where were you guys coming in on the odds of a government shutdown? Yeah, I think I'm a little low. I think I'd say maybe 35, 40 % it shuts down. I think they're going to have to do with both sides, but it would not behoove Biden to have that shutdown happen. There's a lot of reasons why they'd want to keep it open. Of course, there's a lot of Republicans in Congress, they're kind of pushing for it. They probably like it. They want it. I think they come to some sort of deal. They don't do it. Guys, should we just break down the alpha for you? You know, a lot of part, what makes this live show exciting is we can do things like BJ, while you go, could you look up October 19, 2021 daily candles on Bitcoin, October 19, 2021? Well, I'm going to be the idiot in the room as usual. So if we removed the debt ceiling and put it on pause till 2025, why would we even have a shutdown? Because it wasn't the entire shutdown when we would hit the debt ceiling. So that's not relevant for another 18 months. Yeah, that is a very good point on the debt ceiling. I think that that's a great question. So maybe that debt ceiling isn't as final as they made it appear because I was being told, oh, once this debt ceiling is raised, we don't have anything to worry about. And then two weeks later, we all of a sudden have something to worry about. So now we need to think about the next time they give us a debt ceiling raise. What the f are you actually doing here? Is it actually nothing? These game devs really need to figure out how they're building their ecosystem, because these rules just don't make sense anymore. They don't make, yeah, yeah. There's a lot of bugs in the code here. All right, we have the daily candles. See the date again? October 19th, 2021. If we just look at about a 30 -day period, maybe 10 days before to 10, 20 days after. Yep. So this is getting close to the top, but it was the, there's the, we ended up beating it out. But October 19th is right here. So it's this candle. We have one more day. We topped out on the 20th. Hover over the 19th. Right there. That is the day we had a Bitcoin futures ETF here. Move more to the right side. Let's, let's get a little bit in. That's the top right here. Let's stretch that Y axis. Let's stretch it out. All right, here we go. Go back to the 19th. Yep. The 19th, right? Let me go over here. 19th is right here. So in the lead up, it pumped, it pumped, but guys, that was a buy the rumor, sell the news. We had one more day. All right. They probably didn't want, you know, Fox Business News and MSNBC to be like, oh yeah, it got approved yesterday. Look at the price. So they gave us another 24 hours of pump. We've got the pump of metal pumping. Then, you know, a new cycle, you're probably not going to want to talk about it 36 hours later, 48 hours. So we got that pump. We got a nice strong pump for 24 hours. And then it went down folks. And then it went down. We went from, I believe that was about 55K, right? No, no, I'm sorry. 65K. 64, 64 .3. And then we dropped down to what about a week later? We got dropped down about 57 .8. All right. So we went from 63, 64, all the way back down to 57. And then we set in a new all time high. What was the amount of days from that low? What's the date? If you just hover, it gives you the date, right? On the bottom, it gives you the date. So date October 28th, it peaked November 10th. All right. So 13 days later. So a week later, it put in a local low. And then two weeks later, new all time high. Will the spot or will the futures ETH ETF play out in a similar way? I don't think we're, obviously we're not going to go to 4 ,500. We're not sending in a new all time high. But what I'm thinking is we might have a similar chart pattern. You're the Bitcoin ETF. In reality, this is only a period. That means we might have. All right. So that's the date. That's we're five days away from Tuesday, right? Friday, Saturday, Sunday, Monday, Tuesday. Go back five days from that, from the 19th. So go to the 14th, October 14th. 14th is right here. Boom. Nice big pump. It pumped for five days. Buy the room or sell the news. And then it dropped. And so maybe we're going to have a really good next four days. Maybe. You know, maybe I would say that that's a little bit premature. I think we have to look at a lot of different things going on. Obviously, we're getting close to the part where the market was going to top out and go to the downside. I think there, if anything, the case to be made here, even though there was some pump in that happens here, I would only make the case that this is proof ETFs can't save you from the bear market starting. I think there's I think it's a mixed bag. I think it's a little bit too irresponsible to try to say, well, back in October 2021, this happened. Well, there was a lot of things with timing and a lot of other different things. I think let's watch ETF. It will be bullish long term. But remember, futures ETFs allow both longing and shorting. So volatility is more what I'm predicting, not necessarily a firm. Let me play devil's advocate. That was what a lot of smart people thought was going to be the top or near the top. So if you have some, I have to hold this instrument for six months, and it's October 2021, you have one choice. You open in a long in October 21, you open in a short in October 21. I feel like a lot of smart money is choosing short. Well, let's go to today. We're almost half a year from the having. You have a choice. Are you going to open a long today to cash in in six months? Are you going to open a short today to cash in in six months? I feel like then many more people are going to choose short relative to today. You know what, let's actually that takes us into our next story. Let's talk about the big investors. Will they choose Bitcoin? Will they choose Ethereum? Will they choose, you know, futures or will they wait for spot? Here's what this Fidelity executive has to say. Ethereum investment thesis could be easier for institutions to grasp than this big, then bitcoins. And here is why. This was with the interview with a bankless YouTube channel. I do like bankless Fidelity's director of research, Chris Cooper, I think says the firm's Ethereum investment thesis could be an easier concept for blue chips to understand. With traditional, it's probably more easily go with them something like ether, then show them things where they grasp much quicker than investment thesis for Bitcoin. The investment thesis for Bitcoin, according to Cooper, is to truly understand it, you got to first to dabble into politics, got no little philosophy, got to know some game theory, got to know some economics, got to know some other concepts, you got to know the Byzantine generals problem, you got to know what the white paper is, you got to hate the NSA and the surveillance state. It's a lot, right? It is a lot. I remember that feeling, you know, half a decade ago, maybe more. Well, you know, I learned about Bitcoin, I didn't really get into it to about half a decade ago. I remember watching Andreas Antonopoulos clips on YouTube. And I just, I'm just alone in my living room with, you know, with, you know, maybe Mary J was there, but you know, I'm just alone. I'm watching this and my mind's getting blown here. And I'm just like, my God, I'm just so into what this guy is putting down. And then you go to your friend, and you try to, you're full of zeal. You feel like a religious apostle. And you're like, oh, my God, have you heard this thing called Bitcoin and what it's doing? And then you just get a blank stare back. Yeah. It's like, oh, yeah, I ate the orange pill, didn't I? Yeah. It's taken me back to these feelings here. All right. So yeah, it's a lot. Basically, what I'm saying, it's a lot to wrap your head around Bitcoin, folks. That's all I'm saying. I had the my first exposure to Bitcoin whatsoever was back in 2013. And I was the opposite side of that. What you just said, the staring face. There is this kid I met. He was very passionate about Bitcoin, tried to convince me it was the one world currency that Revelation talks about. He also was a pot farmer. So I looked at him and I said, OK, buddy, good story. Now, it turns out I should have gotten in when he told me to. He he was right. I should have gotten into Bitcoin. But I do hold to when you hear a lunatic who is growing pot for a living tell you that this currency is what Revelation talks about. You got it. You got to at least question it a little bit. I understand people still being stone faced at this point. Yeah. My first two exposure was 4chan and I was like, oh, anything they suggest is a scam, is a honeypot. And they are trying to hack me. And so that honestly, like in a weird way, learning I learned about it from too shady of a source. I was like, oh, yeah, I'm going to stay away from that one. The second exposure was my buddy buying ecstasy pills of Silk Road. And I'm like, again, another thing I want to stay away from. No, man, I'm good. I'm good. And then Silk Road happened. And also he lost his Bitcoin on a hard drive. So I was just like, yeah, I don't know about this, man. I don't know about this. And then eventually, you know, the hook got me there. All right. Well, you know, that's what we're saying about Bitcoin to truly understand it. It is a whole lot, you know, but imagine that you can get in front of them and just say, look, talking about Ethereum, here's the metrics, here's the cash flow, you put in your inputs, and they're looking at it like another financial instrument. And they're like, oh, yeah, that makes sense to me, you can have these scenario analyses where you could get your head around the probabilities. And then that way, people can size their position accordingly. That's how an institutional investor thinks. That's how a good investor thinks. They think around probability scenario analysis. And in fact, they are so strongly about that they capitalize the eye there. That's how institutional investor thinks. They really, they think about the probability scenarios there. So yeah, I think that's a pretty good, pretty good point there.
WTOP 24 Hour News
Fresh "Two Days" from WTOP 24 Hour News
"Fraud call us at 1 -800 -TEL NICB this is a public service message from the National Insurance Crime Bureau are you ready to vote using your voice is more important than ever especially in these challenging times this message is furnished by headcount .org to help you get all the election and voting information you need whether you're voting early or on election day headcount .org your nonpartisan election information resource headcount .org I will use W -T -O -P. 17 Lane. Our Lady of Bethesda Retreat Center will host a two -day marriage workshop entitled strengthening your love on October 14 to 15 this Christ -centered marriage renewal workshop is designed to offer practical tools to help married couples foster emotional closeness improve communication skills and overcome distance hurts and unhealthy patterns in marriage cost to attend is only $480
77WABC Radio
"two days" Discussed on 77WABC Radio
"I think it was two days ago, and it's in the book, that there were people like Joy Reid and others who said, you know, we really shouldn't punish people for property crimes, and we certainly shouldn't shoot them. Remember that, Mr. Producer? No need to dig out the from audio a few days ago. Well, it's starting to catch on from the backbench of plagiarists, because, according to the radical left, and they've said this, this is equivalent to reparations. Property rights don't exist, because property ownership is part of the white supremacy, part of the founding of the nation, and everything that's flowed through the capitalist system is free game. So this is what people are being taught in high school, colleges and universities? I cite the experts so -called who are behind this sort of thing, and of course you have these so -called prosecutors who are basically the front for the criminal enterprises in this country, the far left, many of them with this agenda funded by Soros, but not just Soros, a lot of dark money. And so you have retailers, retailers have lost 112 billion dollars. They're closing stores faster than they can open them. And over at Town Hall, Guy Benson, who's one of the great columnists, who does a fantastic job on TV, he writes, one of the fashionable justifications for rioting and looting was that large companies held insurance policies so such crimes were essentially victimless. It's always dangerous ignorance. It fueled lawlessness, that has resulted in immense harm and even deaths. many And small businesses could not and still cannot weather crime sprees. Blathering about insurance doesn't a family save -owned store teetering on the brink as neighborhood safety deteriorates. And even large corporations can only withstand so much. Hence the exodus of businesses from decaying urban centers and the shuttering of franchises by enormous companies like Starbucks, McDonald's, Whole Foods, and so many more. You know what this is? These are Marxists essentially redlining their own communities. If McDonald's, Whole Foods, Starbucks, Target, all the rest of them, weren't going into these communities because they were concerned about crime, they'd be accused of and redlining. But they're having to leave these communities because of the crime that's been unleashed by Democrat Party policies, Democrat Party prosecutors, Democrat Party judges. And generally, the Democrat Party ideology. So the Democrat Party, first in its surrogates very and appendages, are redlining their own communities. People are getting out. The guy goes on, when say a Walgreens location closed down due to crime and deteriorating conditions. Insurance doesn't fix that. It doesn't magically provide new jobs for the displaced employees. It doesn't suddenly furnish local senior citizens with convenient local options to get necessary prescription medication. Doesn't patch up a community that's slowly helping the drain. These are very real costs for real people. And the wages of such reckless policies continue to pile up across America's major cities, the vast majority of which operate under one party That's right. One party rule. And it is one party. CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul. As more outlets move online towards sellers amid rampant increases in crime. The major drugstore chain is coming to the end of a policy launched in 2021, which will see 300 stores closed each year, meaning 900 will have shuttered by 2024. And in the announcement, which has hit headlines again recently amid rampant shoplifting at the chain, bosses said that they were undergoing a new retail footprint strategy. I bet. That footprint is let's get the hell out of it. I'll be right back. Mark Levin. Mm. Mm hmm. Mm hmm. IRS debt, tax civic tax relief. This is Rabbi Joseph Patastic of the New York Board of Rabbis. And this is revenue are Bernard from the Christian Cultural Center. Listen to the rev and the rabbi every Sunday morning at seven on 77 W. A. B. C. For by primary care plus a part of Oak Street Health. If you live in New York and have Medicare, this messages important for you. There is now high quality complete health care available right in your neighborhood that specializes in top quality care for older adults on Medicare at no extra cost to you. Don't wait until a new health problem gets serious. are They're accepting new patients right now. The doctors take the time to get to know you understand your personal health issues and answer all your health questions, plus their same day appointments, on site lab work and a 24 7
WTOP 24 Hour News
Fresh update on "two days" discussed on WTOP 24 Hour News
"As a welcoming and safe space. We provide healthcare services services to anyone whether on medicaid or fully insured and we're proud to be a place where LGBTQ communities and living those with HIV feel supported and respected. At Whitman Walker Health we're experts in HIV prevention prep but we're also a lot more including dental services mental health care same -day visits and accessible pharmacies for everyone. We see the patient but we see the person first. Whitman Walker we see you. Our lady of Our Lady of Bethesda Retreat Center will host a two -day marriage workshop entitled strengthening your For Love on October 14 to 15 this Christ -centered marriage renewal workshop is designed to offer practical tools to help married couples foster emotional closeness improve communication skills and overcome distance hurts and unhealthy patterns in marriage cost to attend is only four hundred and eighty dollars per couple plus you won't have to travel far we're just located inside the Beltway in Bethesda Maryland find more information on our website OurLadyOfBethesda .org Book today Saturday morning September 30th the weekends here everybody we finally made it thanks for starting with us last day of day this month actually we are looking at a partly to mostly cloudy overnight early morning some patchy fog developing by daybreak 55 to 65 for the low we've actually gone up a few degrees we're at 66 in our nation's capital this Saturday morning right now glad you're with us welcome in 110 on WTOP Saturday morning this is WTOP okay news let's talk tech stuff Saturday morning at WTOP we all know criminals are trying to mix things up these days in order to fool you for
Real Estate Coaching Radio
A highlight from How To Turn Your STRESS Into SUCCESS!
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money, and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. Today we're going to be talking about how to turn your stress into success. Here's a simple fact. All of us, no matter how organized you are, no matter how drilled down your schedule was, no matter how perfect you think you got things going for you, you're going to experience stress. It's normal, but how you react to the stress that you're experiencing, that is something that you can actually control to a great extent, not 100%. So what we're going to do today is we're going to go through, it's going to be a two -part podcast. We're going to go through a system where you can essentially acknowledge your stress. I'm not going to say manage your stress or manage your time, because those things are often unmanageable, and the very prospect of trying to manage either actually causes you more stress. That's true. Which is ironic. But what we're going to do is take you through a process so that you can really turn what mostly is an unconscious reaction to something external into something that you will find that you can derive power from and focus. So get ready to take notes, and as always, all of our notes are available down below in the show description. If you're on iTunes or YouTube or, hey, we're now on, what's that new video platform called? I forget. Anyway. Something new. Something new where videos actually are also living. And all the other, Spotify, Amazon, everywhere. We're on Google Listen and everywhere. So yes, everywhere that the podcast is listened to, you can also find the notes for our show. We oftentimes will put all of the notes that we're using. Notes are all copywritten, of course, but at the end of the day, we want you to feel free to use these when training your own agents or maybe your small brokerage, whatever. This content is designed to help you first, and then hopefully you're going to help others with this information as well. And while there also, there's a lot of links in the show description below, and you can join the premier coaching program. There's information about our eXp Real Estate Group, which you might want to consider joining all kinds of good stuff. So just scroll down and it's all there waiting for you. So Julie, let's roll into your points. Yes. And it is true that one of the most common questions we get from podcast listeners and coaching clients when you guys text us or reach out, it sounds, you know, it comes in different flavors, but it usually sounds something like this. I feel out of control with my time. I'm spending a lot of time chasing after scarce listings from my buyers, negotiating multiple offers on my own listings, and then putting out fires on my pending deals. So how can I get back into control? You're wondering what's okay to stop doing, or you should be wondering what's okay to stop doing, and what must you never drop when you're feeling out of control. There's an old saying that goes like this. If you're not controlling your time, someone or something else always will. So we're going to give you a multiple step plan. It's a little bit of this is mindset, how to control your, how you're thinking about it, and some action steps. So here are things what to get rid of and what to keep. Well, I mean, just reading your description there gave me a little bit of stress, I have to say. Did you do that on purpose, Julie? No. You'll feel better by the end, I promise. I wanted to share with them something, because the thing that actually drove my stress up a little bit when you were talking about not enough listings, guys, in the next few days, we're doing a podcast that is, I think Julie is now, what, 30 different sources? Yes. I'm actually excited. And in a couple of days, we're going to do a one -part podcast, which is all of the different online sources, resources, other than your MLS, to find listings. And there's quite a variety. We're going to talk about farms, land, ranch, commercial, normal residential, vacation properties, foreclosure, everything. But what we're doing is we're actually giving you guys links of where you can go to find homes that are for sale that are not in the MLS. That's the main thing. So the notes already have, I think it's like 25 or 30 different websites, mostly, well, I mean, they're all websites, where you can click on the link and then you can be taken to a list of a source of homes for sale. Again, these are not in the MLS. And these are almost all nationwide, by the way. Right. And we're going to be doing this the next couple of days. So yes, if you are feeling stressed from not having enough inventory, we're going to cure that in the next couple of days, listen to the podcast. All right, Julie. So part one. You got it. All right. So let's see. What to let go of versus what to keep. So let's see part one. Number one, mindset check. Are you really that busy or are you just disorganized? Take a day to get real about what you're actually managing. Sometimes just dedicating a day or even two days to getting a grip is all you actually need. So don't keep telling yourself you're overwhelmed. Instead, your affirmation is that you are surrounded by opportunity. Isn't that more accurate? This is why this is the first step. When you do that first, you'll realize that your state of overwhelm is actually temporary versus allowing it to become a lifestyle. So I don't, I didn't scan your notes, but did you talk to them at all about the brain dump? I didn't. Yes. You can add it right in here. I was thinking this would be a perfect spot. Bonus point. One and a half. That's right. Bonus point. One and a half. So one of the systems that we've used for decades, especially with coaching clients, is when they're feeling overwhelmed. Take a tablet of paper and I don't know why tablets of paper where you're writing it out is more effective than if you're typing it out. Typing it out almost, I don't know, it doesn't stick in your brain as much. So take a tablet of paper. Take like maybe one of those long yellow legal tabs or tablets and then write down everything that's in your brain. Don't stop writing until essentially everything that's in your mind that you think you should be thinking about is completely cleared out and you can do personal and business and go through every single thing. So that's the first cure because what you're going to find out oftentimes is that you're going to start, like you'll write down maybe 10 or 20 different things and then you're writing them down in different versions. Like you're going to say, take in the dry cleaning and then you're going to realize that you wrote that down as the fourth thing and now you're seeing that you write it down as the 18th thing. In other words, what you'll discover is a lot of thoughts that you're having that are feeling like they're, you know, bogging down your ability to think clearly are the same thoughts. In other words, you don't really have that many things that you think you have more going on in your head than you actually do. So when you write all this down, then you're going to look at this list and there's three filters that you run all these things through and it's called do it, delegate it or ditch it. So the things that you absolutely positively must always be doing are going to be the things that fall into the five categories of the things that make you money in real estate, which is proactively generation, you know, obviously prequalifying, presenting a lead follow up, negotiating, those types of things that we teach in premier coaching. Those are the things that you should not be delegating and you have to do it. So the do it category are the things that you absolutely positively should leave on your list. The delegated category are, there's lots of things you could be delegating, lots of things you don't have to be doing. Lots of things that may be frankly under the delegation category are things that maybe not only not don't have to do yourself, but maybe don't need done at all. In other words, you put them on your list, you thought they were important. Somebody told you they were important, maybe even, and guess what? They aren't important. So get rid of them. And then the last one is ditch it and that's where essentially the lot of the things in your second, you know, the delegated part, they're going to go to the ditch it category and just completely remove them from your list. Or another thing to do is if there's longer term projects or things you wanted to be doing, write them on a completely separate list and then segment your list. But the most important thing is if you want to really get control, and this is a good, this is a really, at the end of the day, this is a mindset point, but if you really want to clear your brain and start feeling a resemblance of control, I did, did this just the other day. Honestly, I had a big, uh, to do list and it was, um, I keep lists. I'm a list guy. I know a lot of people have different systems for it, but lists work for me because I derive immense pleasure crossing them out. Yes, it is very satisfying. That's why it's very cathartic to take a damn thing is bought in that damn list and getting rid of it. Bye bye. That's right. I enjoy that. So that's my payoff. But there's a system. So do a delegated or ditch it, but start out by doing what we call a brain dump and write everything down and then go through it. And then you'll start seeing after you actually write everything on a piece of paper, you will feel better. You will feel some sort of a cloud will lift. It will. It really will. Then you look at all the things are floating around your head and like I said, remove the duplicates first because a lot of them will be duplicates and then go for a do it delegated or ditch it and then you know, move forward. That's a simple system. Well, that's a perfect 0 .1 and a half because remember we started by saying, are you really that busy? Are you just a bit disorganized? Maybe your mind is feeling disorganized because you haven't written it down and done the brain dump, right? So that goes hand in hand. And speaking of the do it part of the do it, ditch it or delegate it. Point number two, proactively generation cannot stop. This is the first thing that agents drop when they get even a tiny bit busy. You must actively pursue new qualified appointments every single work day. And it is the most important action that you take daily, whether you have a, whether you have pending transactions or not, whether you have active listings or not, always on every call, whether it's a home inspector or lender, a past client or a pending ask, you guys should know it by now, whom do you know who could use my help buying or selling real estate or Tim's version, which I like even better. What two or three people do you know who could use my help buying or selling real estate? So make the commitment to a minimum standard of contacts every work day, even when you're feeling busy, refer to our previous podcasts about how to list and sell the homes that you need to sell your magic number as well as lead generation from best to worst. We've done so much work on this with you guys on previous podcasts and in premier coaching. So I'm going to actually, I'm going to reinforce all your points, but I'm also going to give these guys a bit of a relief valve. I have coached people who are just for some reason wired to be disorganized. They're wired to basically be Liberty Gibbets bouncing here, bouncing there. That's just how they are. But then yet they're very successful. And why are they very successful? Because they always lean back into the things that are going to make them money. And oftentimes they have really vibrant personalities and people like them, despite the fact that they're wearing shoes that don't match and you know, things like that. All right. So how do, what's the solution when you're coaching somebody like that? The solution is not trying to find them a solution. The solution is just making sure they do to the three to five things every single day that they should be doing at a high level and then holding them accountable as three to five things and then giving them permission to be whatever the hell they want to do with their time the rest of the day. In other words, they can't, it's too much emotional stress for them to be held to a schedule for more than maybe two or three hours a day at, you know, in other words, they can only really, let's air quote here, time block two or three hours a day. So what are the things they should be doing in those two or three hours? And Julie and I talk about this on the podcast all the time, but obviously Julie's pointing about proactive lead generation. We want to talk about, you know, if you had a listing appointment, presenting, negotiating, all those types of things we teach in the coaching program. But really guys, if you really want to know how to really feel long -term control of your day, your day should come down to having mastered the art and science of really doing only three to five things every day. And those things are, in our opinion, now you can modify, but this is sort of a holistic approach to this, right? You need to be making your self -determined number of contacts per day as determined by your real estate treasure map, which we give you in the first level of Premier Coaching. So whatever your number of contacts per day, you need to be making those per day. You need to be having done all your lead follow up by the end of the day. I'm giving you a whole bunch and you guys choose which ones. Ideally, when you are very, you know, essentially advanced as a proactive lead generator, you should be setting one pre -qualified listing appointment per day. Julie and I are huge advocates of doing some sort of physical workout routine every single day, taking some kind of supplements every single day, showing overt gratitude. You know, I love you Julie, I love you Tim. You know, showing overt gratitude to the people that mean the most to you every single day. If you just basically write down the things that you have to do every single day, the accumulative effect of doing those things every single day will pay off in ways that you can't even understand. It's a multiplication effect. There's a compounding of duplicating those efforts. The obvious one being is that if you're working out and you're, you know, hopefully taking care of what you eat, you're going to see, not right away, but over time, your energy level increases, your physicality increases, same goes with making contacts. But the key to making this work is do those same things every single day and then often will come down to doing what you don't want to do when you don't want to do it at the highest level, which by the way, is the founding principle of our coaching program, but also of anyone I've ever met in life who's successful at any level. They knew that they had to do what they didn't want to do when they didn't want to do it at the highest level over long periods of time. And that's what we're prescribing to all of you guys as well, because it does pay off. So really, if you're wanting to get in control, but you're absolutely one of these people that can't be in control as your coach, I give you permission not to be in control for anything other than those two or three hours, ideally in the morning, because when you get those three to five things done every single day, even if the rest of the day is like a, you know, high speed roller coaster, it does not matter because you did the most important things. Well, that's right. That's the most important thing that you said is what you do with those two to three hours is what's critical. What you're not doing is giving them permission to just say, well, I'm just a disorganized person or go on Instagram or make a bunch of TikTok videos or do a bunch of passive lead generation or go on Facebook and take a bunch of surveys. All this silliness that doesn't lead to anything. That stuff doesn't count. Okay. So we're talking about what to keep and what to ditch. Point number three, deadlines cannot be ignored or procrastinated. You can lose a deal by losing track of time or having misunderstandings with the other side. So remember that people scan through DocuSign without really realizing what they're signing or remembering it or being able to even find it again. You can't be part of that. So use a transaction coordinator if that's getting out of control or if you're your transaction coordinator, you have to be careful with your earnest money deposits, contingency releases, inspection dates. Don't let those fall behind just because you're behind. Get clarity and or get help. And I'll tell you what one of my coaching clients does is when she does new transactions. Yes, of course, that's all in DocuSign and transaction management and transaction coordinators and all that. But in also her alarms, in her phone, she gives herself two or three day warnings. There's a contingency coming up. You've got to release that so that even if she's really super busy showing houses, maybe she's got somebody coming into town and it's a really intense appointment weekend. The alarm is going to save her butt. So that's just a backup plan. There's lots of different things that you can do. But this is one thing that you really can't blow off because it could cost you a deal. Well, I'll give you some exciting news. I know because you and I are investing some frankly, some money and time into developing some A .I. bots and apps for our different businesses, that there are absolutely people that are developing A .I. right now to work directly with the major CRM or transaction management platforms. So agents are going to be able to have an A .I. bot that's essentially going to act as a real live admin who's going to oversee the entire process. It's amazing. And ChatGPT4 and Bard and all these others, this week, ChatGPT4 is releasing a version for their paid users where essentially it's going to start using voice. So remember we were talking about on the podcast yesterday about all this? Well, the technology is here. So you're going to start having a voice. In other words, it's a real human voice. It does not sound like an old fashioned answering machine. That's good. And you know, I just laughed at myself because how many people? They don't know what an answering machine is. Right. Anyway, so back to 2023 or 2024 when you're listening. So the moral of the story is that there are going to be massive advancements in this A .I. technology that's going to make your lives a lot easier, which will give you a lot more room and time to spend on the things that matter most. That's assuming that you know what those things are and you actually know how to do them. That's what coaching is all about. And yeah, a lot of this technology is going to be coming through. I shouldn't maybe necessarily say this, but I know eXp Realty is working on developing a lot of these A .I. bots. Glenn Sanford is unbelievably intelligent about creating these technologies that streamline a lot of agent processes. And really, there's no downside. The experience is better from the customer's perspective, the agent's perspective, the broker's perspective. So all that's coming to a brokerage near you, assuming you're with Juli and I at eXp Realty. There you are. All right, now our final point for today is maybe one of my favorite points in terms of getting agents and brokers really organized and giving you peace. And that is point number four today, keeping your visual accountability, your whiteboards updated. You can't ignore that. You can't put it off, update it every day. In order to know if you are on track ahead or behind, keep that updated. Don't ignore your boards just because you feel like you're currently on track or ahead or hide out from them if you feel like you're behind. Not tracking your business is what will make you behind in a matter of days or weeks. Now, there's a rule in aviation called the one in 60 rule. When a plane veers off its course by just one degree, it misses its target destination by one mile for every 60 miles it's flown. Isn't that interesting, right? It is. You think it's just one degree. What's the big deal? I can find the airport, but maybe it's not the airport you were looking for. You're the plane. Stay on course. Visual is accountability the dashboard of your business. I have to say, Tim, I know you've had this experience too. Once agents start really embracing the visual accountability, and yes, we know you've got all this kept track of in a spreadsheet or your broker tracks it or whatever. We're talking about in your office on whiteboards in front of you. It works because it is visual. They'll say, oh, my gosh, I just feel so much more peaceful knowing and seeing I've got this many listing leads. I've got this many active listings. I've got this many pending, and I've got that many closed, which means I'm exactly three deals ahead of where I should be based on my treasure map. A lot of the stress in real estate really in life is just not knowing stuff, right? Not knowing about your finances, not knowing about what's going on inside your contracts, not knowing whether you're on track ahead or behind. It will give you peace to know. Well, the dry erase boards are the reason that obviously we know about all the technologies and all the widgets that give you creative dashboards that show you all your key performance indicators and all those things. We use those things in our business as well, but it's what Julie just said. The problem with all that technology is that you can hide from it, and it hides from you. A dry erase board, especially a large dominant one, and I was thinking when you were talking how when somebody, we get Premier Coaching clients, they'll post pictures of these big -ass dry erase boards, and they'll put them up on their walls. I'm talking about the monster ones, and that's the only way to do it because it doesn't leave any typically room for anything else on the wall. Tell them what the dry erase board should be because not everybody is a coaching client. Yes, well, they should be, and we'll tell them about that in a minute. What should you track? I like to think of it chronologically, right? Every transaction that becomes a closing starts as a lead, so you track your especially listing leads. Right. I'm looking at my wall. I want to know what the dry erase boards are. That's what I'm saying. I want to know which of them are. Okay. The first dry erase board is? Leads because everything starts as a lead. Okay. Then it becomes a listing. That's the second board is active listings. Okay. Then the last one is closings. You have one in between, pendings, and then you have closed. If your goal is to close 24 transactions, your closed board will be one through 24. As they travel through your boards, they land on the closed board, and you can see, are you on deal number three? Are you on deal number five? Where are you versus where you should be? On the closed board, sellers are in red, buyers are in blue. The other thing you can also do, and this is really fine tuning all of the accountability you have for yourself, is write down on the closed board what the price was and what the commission was, and then also really drill down on what the source of the lead was. We've talked for literally thousands of hours on this podcast of the importance of never just going by how the lead actually showed up in your life. You're going to need to ask secondary and sometimes third. What would be it? Cursary? Tertiary. Tertiary. That's right. That same question more than once. You need to ask them, who originally referred you to me? Where did you originally find me? How do we connect it? The story that Julie and I tell that seems to work is we were in our office when we were selling real estate, and one of our chief transaction coordinators was this gal named Kelly. Kelly was using a prequalification seller form, so she had at her desk buyer prequalification for him and seller prequalification for him. So Julie and I were in our office, and she was doing the seller prequalification, and one of the questions was halfway through the script was basically, so why did you decide to call Tim and Julie out for the job of selling your home? I think that was the question. And she wrote down the answer, but she didn't listen to herself ask the question, and she didn't watch herself write down the answer. So she asked the question two times in a row, and the first way that they answered it was like a sign or whatever. And then she asked the same exact question, and then they answered it, and we watched as they wrote down that it was a referral from so -and -so. And so that was the real tip -off that if you don't ask for what like drill down and really dig into where they're or why they're contacting you, you're going to make the mistake of assuming that they basically are contacting you because of Facebook. Because what happens is that you're at Orange Theory, somebody asked you for a referral for a roofer. You're going to say, Jack's roofing, I don't necessarily have his phone number, my phone's in my car, whatever it is. But the person you're going to talk to remembers Jack's roofing in, say, Georgetown, Texas. So they're going to go and they're going to drop into Google, Jack's roofing, Georgetown, Texas. So the first thing that's going to come up is Jack's Facebook business page, let's say, or Instagram or whatever the hell it's going to be. And then you're going to message them through that app, and then Jack's going to get the message from Facebook that you are interested in having your roof fixed. All the while, Jack's going to then assume, hey, my Facebook campaign is working, you know? Of course. Look, I'm going to post more pictures of my lunch every single day, evidently that's generating business for me. Right. All the while, the real reason that Jack got that lead was because it was a referral from somebody you knew at the gym. You guys get the point? So if you're not asking those real drill down questions, you're really going to lose contact with the source of your business. You're not going to realize how much of your business comes from the things that don't cost any money, signs, for example, centers of influence and past clients, for example. People you maybe like, they could be somebody that an old neighbor, oh, you don't even know. You're going to have to ask. And that's what you'll self -discover, what Julie and I have been coaching all you guys for decades, is the percent of business comes from any kind of marketing and advertising is typically less than 10 % because most everyone chooses who they're going to use as a real estate professional, like 90 % based on the things we coach you guys to do, which cost you no money, which aren't anything to do with marketing, branding, and advertising. Don't misunderstand what I'm saying. Back to the roofing example, had Jack the roofer not had a business Facebook page and that person had gone to Google and tried to search for him, he may not have ever found Jack's phone number to actually make the, you know, to get in contact, right? So it's important that you have a presence online, but you've got to see it for what it is.
News, Traffic and Weather
Fresh "Two Days" from News, Traffic and Weather
"7 stay Stay informed. Good evening at 731. I'm Kelly Blyer and here are the top local stories. The U .S. Senate has lost one of its longest serving members. Diane Feinstein of California has died. More from West Northwest News radio's Jeff Hojalove getting her start in San Francisco politics. Feinstein was in the Senate for more than 30 years, coming to the chamber just weeks before her close friend Patty Murray, who this morning spoke on the chamber floor. I remember one time when I noticed that her purse was really nice and I said, Diane, that that purse is beautiful. Two days later, I got one delivered to my door. That was Diane. Feinstein's health had deteriorated in recent months and was even struggling during committee hearings. But Murray says she'll be remembered for her strength, and dedication to service. Jeff Hojalove, Northwest News Radio. We're also getting reaction from political strategists say who Feinstein's death, while still serving at the age of 90, could change the 2024 campaign. Republican Randy pebble. We don't want to be looking at a President Joe Biden in five years, which if is he gets reelected, what we would be having. But Democrat Kathy Allen disagrees. Age is going to be something you use when you can't think of anything else to talk about. Both Kathy and Randy say that too many of our leaders are staying in office for far too long. US Senator Patty Murray says she will continue to work around the clock until Congress can get a measure to prevent a government shutdown to the President. The Washington Democrat calls a shutdown needless and says it would hurt families and communities across the country. Murray says it would have direct effects on our state. There are more than 116 ,000 federal workers and military personnel in Washington State who are counting on the paychecks they've earned to make ends meet, not to mention the contractors who work with different government agencies. Members of the House Republican Freedom Caucus have said that they'll refuse to vote for a measure to keep the government operating until the 12 major spending bills can be passed, unless it includes deep ending cuts, a drastic reduction in aid for Ukraine's war effort, and increased security at the southern border. If the government shuts down, TSA workers will have to work without pay. Como 4's Karina Vargas has more from SeaTac International Airport. Things are fine right now, but if you have travel plans this weekend, be prepared for longer lines and possible delays. We talked to travelers who tell us that they're worried that this shutdown will impact travel, but they're also devastated for the workers that will not be paid if this were to happen. Airport officials tell us that the airport would remain fully open and operating if a government shutdown begins this weekend. And if that were to happen, over 1 ,300 TSA agents and over 300 air traffic controllers will be required to work without getting the weekend. But there's questions about whether workers will still show up depending on how long the shutdown goes on for, flyers. and Here at the airport are keeping a close eye on what happens in Congress over the next couple of days. I'm particularly very worried right now. Let's take a look at this week coming up. My sister's been planning her wedding for almost year now, a so it's just the worst week. If it's not resolved by Monday, Tuesday, we're going to be panicking big time. TSA tells us during the last shutdown they saw growing numbers of TSA officers saying that they were unable to report to work, and they add that a similar scenario could play out again if the shutdown lasts for an extended period. Come before his Carina Vargas back to the roads in the high performance homes traffic center. Let's check in with Natalie Melendez. Still seeing quite the backup on Southbound five through Seattle coming from Linwood. There's a nine minute delay, and Olympia to Tacoma traffic is still really congested on I -5 North 63 minutes. This report is sponsored by the Washington State Department of Health. Updated COVID vaccines are available now and will maximize your protection against the latest strains. Schedule your appointment today. A message from the Washington State Department of Health. Our next hopeless traffic at 744. Hello. Four is Rebecca Stevenson checks our weekend forecast. It's a pretty nice one. She's in the Northwest Crawl Space Services Weather Center. Tonight's partly
Crypto Banter
A highlight from 5 BIGGEST Opportunities In Crypto THIS WEEK! (I'm Taking These Trades)
"In today's show we're going to talk about the five most interesting plays of the week, three of which I am actually taking. We have short setups, long setups in what is said to be a pretty interesting week for altcoin specifically and that's why I'm bringing to you my favorite setups of the week and also some of the most interesting coins that have altcoin specific catalysts. So if you do enjoy these watchlist shows every single Monday to prepare you for the week make sure to smash the like button and let me know in the comments below you do enjoy them and we will keep this going as a regular series. All right, kicking off with coin number one, we're going to be boring. We're going to talk about Bitcoin. Of course, it's not an altcoin, but it is in a pretty interesting zone right now, hovering above the key horizontal support level at the 25 -3 zone on the weekly. Bitcoin though, important to note, is still below the 200 MA on the weekly, which is typically a bearish indicator for Bitcoin. We know previous times that this level has acted as a major level of support and resistance. also So the 200 weekly moving average is super important and also the 200 moving average on the daily as well. So just keeping my eye on how Bitcoin reacts here, clearly 25k is that key level, but it doesn't look great for Bitcoin. Momentum in my opinion is still to the downside and the more we test that support the higher chance it does have of breaking, not being too bearish necessarily, but just urging you guys like a little bit of caution as long as we are below the 200 MA on the weekly. Let's get into the first altcoin of the video though in light of that, and that is Chainlink. So Chainlink is one that's actually performed really well this week in the lead up to their Smartcon. Their Smartcon 2023 is essentially a conference where developers and speakers all meet together and talk about the future of the industry, but specifically Chainlink. And we see there are many major speakers, the founder of Chainlink, we even have the former CEO of Google and multiple other major prominent figures across the crypto space speaking. So in the lead up to this, we've actually seen Chainlink perform really well from a price perspective. But in the graph in front of you, I do have the chart that outlines how Chainlink has performed in previous times leading into Smartcon and then leading out of Smartcon. And we can see in 2022, Chainlink actually peaked on the day of Smartcon and then gave up its gains in the following weeks. We can see in 2021, a similar thing happened. Two days before Smartcon, Chainlink peaked. And then after the conference, we saw a huge post -conference dump. Will the same pattern play out? Well, not necessarily, but I am convicted in the case leaning towards a dump post -Smartcon just given the price action that we've seen recently in line with previous data. So I'm convicted if I have to pick between longing and shorting Chainlink, but I think there is a decent short setup brewing here if it does push into the upper echelon of its range territory here on the weekly. And also, as you can see on the daily too, it's firmly within this range, actually approaching the mid -range zone. Maybe we get one last thrust into Smartcon because we know that the conference doesn't start until October 2nd. So that is still a week away. So I expect price performance probably to continue to the upside over the next few days. But then leading into the conference, if you are looking for a short, this may actually be a good one if those RSIs start to get into overheated territory just given what has happened in the past for Chainlink. So that is on my watch list, not as a long, but actually as a short, just playing the range here. We know if you take trades towards the extremity of the range, you're getting much better risk -reward. So the extremities being the upper echelon here near range high and the lower echelon here close to range low. These are your major levels that you want to take swing trades at considering since May 2022, more than a year Chainlink has been in this range. Very, very boring coin, pretty much a stable coin, but has provided great opportunities to those that have been able to long close to support and short close to resistance here. So maybe a setup starting to prime here on the short side if we continue to push upwards. Why wouldn't I long? Well, considering what's happened in previous conferences in line with the recent massive move that we've had, I think you may be longing into an area where it's going to be hard for Chainlink to push any higher. So that's that. All right, now we're going to have a bit of fun. Going to give away some money. So I'm making bold. Five users going to close my eyes actually to make sure I'm not accused of manually picking the users here. All right, I've just highlighted five people in bold. All of you guys are going to win $200. Bang, just like that. So every single person, this wallet here, this wallet here, this wallet here, here and here. If you are in bold, you are going to win $200. We're going to send it directly to your wallet. And that is because you provided liquidity on SmartX. So as you know, every single week, we are airdropping $200 to five random people that provide at least $50 worth of liquidity into SmartX across either Arbitrum, BNB, Base or Polygon. If you don't know what SmartX is, it's essentially an AMM -powered DEX, which is solving the problem of impermanent loss in crypto. A big problem to mitigate the negative effects of impermanent loss and also provide some pretty nice yield opportunities for people that are looking to earn yield on assets like Matic, like Arbitrum, like Ethereum, like BNB and all sorts of assets. USDC also, you compare with their native coin as well. So depending on what risk you want to assume, depending on which tokens you hold, you can stake it into the platform to earn some pretty nice APRs between 20 and up to 50 plus percent. And yeah, if you deposit minimum $50 liquidity and you enter your wallet address using the link in the description, you will enter the giveaway to be one of these lucky people that just won $200 on the show today. So link in the description. Good luck to everyone that is entering the competition for next week, where I will announce the next crop of five winners. And without further ado, let's get straight on with the show. The next coin I want to discuss is Arbitrum. Arbitrum is a really interesting one because they just announced their short -term initiative grant program, which is essentially a form of ecosystem stimulus. So we know when they did the airdrop, that was largely concentrated towards people that were using the Arbitrum chain, but actually now they are starting to help out the projects to incentivize them by essentially allocating some of their token supply towards the projects in the form of incentives grants. So what the projects can do is they can essentially bid for an airdrop. And if Arbitrum elects them via a DAO proposal, which is actually recently being completed, these projects will receive airdrops and then they can choose how they want to distribute those new tokens to their community. So I think that is a little bit of a catalyst to the Arbitrum ecosystem because we could see increased incentives across these platforms, which could obviously help attract some more TVL into the ecosystem. Next week, we also have Arbitrum Odyssey returning, which is also another initiative to get retail involved and you can earn rewards via that. As I said before, we've got this short -term incentive program launching with 50 million ARB, which is around $30 million being distributed to active Arbitrum protocols that apply for the grant. I think this will give the Arbitrum ecosystem a nice boost. I'm just looking at the chart here. Well, the chart looks ugly, but Arbitrum is at significantly discounted levels since it broke below this major dollar support region, which has been pretty strong support for Arbitrum since it first launched. So yes, technically Arbitrum doesn't look good price -wise, but I am maybe going to add a little bit to my bags this week. I have to decide whether I'm going to do that this week or whether I'm going to wait a couple of weeks. Nonetheless, I am definitely eyeing this as more of a spot trade, not a leverage trade because we're not at a key support level. My leverage trading scenario would probably kick in closer to this region if you do get like a confirmed reclamation. But until then, I'm definitely looking at the possibility of adding spot and that's why it makes my coins of the week, given it has a proprietary ecosystem catalyst, which comes in the form of the grants alongside heavily discounted prices heading into EIP 4844 later in the year. Another coin that's heading into EIP 44 being a layer 2 protocol is Optimism. But Optimism actually comes in as my short hedge of today's video. So you guys know in these watch lists, I don't just like to give long setups. I discussed Chainlink potentially being a short setup. Optimism as well, I think could potentially be a short hedge set up this week. What do I mean by short hedge? Well, a lot of you guys probably have relatively like long weighted portfolios, meaning like you're more long than you are net short. I mean myself, that's the case. And usually when I take longs in the market, that will put me in like a naked long position, meaning like I don't always like have a short hedge. But sometimes in markets that are looking kind of shaky, like right now when we get Bitcoin chopping and looking kind of weak, sometimes it's smart to have a hedge. So let's say you long three altcoins in a week. Sometimes it's good to pick like a specifically weak altcoin to hedge short against those other positions to get some sort of neutrality in case your trade goes wrong. Then you can kind of minimize the amount of risk you're taking. It's a strategy like all the top traders will use. And depending on your position size, you can even reach like Delta neutral territory with pair trades and all that sort of thing. But just to keep it really simple, I think Optimism has like a major unlock this week with over 3 % of the circulating supply hitting the market, $30 million worth of Optimism. The unlock event is in four days time. So this is a significantly big unlock for Optimism in what has been a pretty significant period for unlocks overall for the Optimism token. So in light of that, I mean, if you watch my video on token unlocks, search token unlocks, crypto banter, you should be able to watch that whole video. I explained what happens post major token unlocks. And typically what we see is despite peaks happening into unlocks, often the two weeks following the actual unlock date, we do see tokens tend to bleed and give up most of their gains. And if that plays out here on Optimism, then maybe we can expect like a rough couple of weeks from Optimism from a price perspective. So it's looking relatively weak. And if I look at the chart as well, we can see it put in its high here. It got rejected off this horizontal level at 1 .8 and it's made a lower high, another lower high, and looks to be rolling over again. If you start to clear these lows, then I think we could see further downside on Optimism. So those lows come in at the $1 .20 region. I'll just highlight them for you now. This level here, if you start to break below as we are now and you do confirm that breakdown, then Optimism could definitely be going lower. And for that reason, I would look at a short if we do get some sort of roll over here and a lower high start to firm up on the daily chart. But you could even look at it on the four hourly chart. Of course, you don't really want to take trades in the daily, use daily for your confluence, use one hourly, four hourly for your entries, depending on your timeframe. And yeah, Optimism definitely looking quite weak. So that is my short hedge of the week. So now let's get into a couple long scenarios because we've talked about two shorts. I've given you a long. Now let's talk about two more tokens that are more interested in longing that I am shorting. The first one is the OX token. Now for full disclosure, OpenX, the exchange, which is obviously powered by the OX token is an official show partner in today's video. I don't want you guys to get confused between the token and the partnership. I'm not paid to shield the token when I'm paid to promote the token. And I'm mentioning the token in a completely neutral light in today's video, just based on my personal thesis that has nothing to do with the partnership. Just want to make that very clear. The OX token though, the token itself, not the exchange, has, I mean, been significantly beaten down over the past few weeks. And this is because essentially a lot of users had locked up their OX tokens for three months after they bridged Flex, which was the coin Flex's exchange token over to the OpenX protocol and to stake OX tokens. And in light of that three months after they closed the bridge, you get a significant amount of unlocks because people are entering or coming out of their stake period. So when people come out of their stake period and they now have liquid OX, some people are going to choose to sell if they want to either take profits or just, you know, minimize risk on a maybe potentially oversized position that in tandem with users starting to receive their vested OX as part of the normal token distribution. We've kind of seen a lot of supply come onto the market over the last week. And this has resulted in a huge drawdown in the price from the 0 .7 region to the 0 .2 region. I mean, it's really been beaten down and I even took a loss on this cause I bought some OX and I staked it and I'm actually down on it. However, considering the staking ratio is still relatively high and there are a lot of people now going to be relocking for the long -term which reduces supply pressures. I do think that OX is starting to become a slightly more interesting look now at these heavily discounted prices if you do believe in the OpenX vision. And that vision is essentially, you know, of course, Carl Davies and Zhu Su but also betting on a protocol that's quite unique with its transparency features as well as the governance features of the platform which make it really unique for users like allowing you to, for example, stake OX and get its real -world assets in exchange for staking. So they do native airdrops. They've also been launching lots of tokens like really quickly. So they have this propensity to list tokens before any other exchange. So it's kind of like the degen exchange, I guess quite in tune with the market. And if you're betting on the redemption arc then OX does become an interesting bet. The volume on the exchange has been fairly strong $8 .5 billion trade volume since launch actually quite impressive. Average daily trade volume is around 100 mil on the seven day and or more than 100 mil on a seven day and 30 day timeframe. And actually 61 % of OX is staked and locked in the herd. So we are seeing some people after their unlock starting to actually relock OX tokens into the exchange. So look, you've got to make your own decision whether you wanna buy the token personally though not financial advice, but personally I will be adding some more to my bags and I'm gonna stake it as I staked a prior 10 ,000 OX might increase my position by let's say 30 % that would give me another 3000 OX. I'll probably go ahead and stake that. And that's my plan for the week but that's not financial advice. You don't have to do the same. And I wanna give full disclosure that OX is of course or OpenX not the OX token itself is a partner of the show. There's a link in the description to OpenX. If you do wanna check it out check out any information as well. And yeah, just thought I would mention that one because it's interesting getting a heavy discount if you do believe in the ecosystem, which I personally do. All right, let's get on to the next token. Another ecosystem I believe in and I believe in this one quite a lot. This is frack share. So I did a show last week. I think it was on real world assets and the potential. I mean, the sector is projected to grow by 26 X on the conservative side according to analysts at the Boston Consulting Group. On the more aggressive side of the spectrum they're anticipating 113 X in the real world asset sector by the year 2030. So that's seven years potentially looking at a 26 to 100 X. So this is a huge growth vertical and a massive adoption vertical for crypto really with tokenized assets coming on chain. And I'm always interested in protocols which are harnessing the potential of this. Now fracks isn't necessarily a real world asset specific protocol. They're doing a lot. They have their fracks land. They've got their fracks B3. They're launching fracks chain. They've got their stable coin. They've got a lot of stuff going on. They're essentially how I like to think of them as like a DeFi powerhouse. They're like the hand that controls DeFi, I guess. And is doing a bunch of stuff in multiple DeFi ecosystems. But if you're interested in real world asset exposure alongside a variety of other DeFi initiatives then I think fracks becomes a super interesting bet for a diversified portfolio. Now, the reason I'm talking about them in a watchlist video though, cause you know these Monday shows aren't just talking about long -term bets. Most of these are geared towards, you know the medium to short term type of trades is because fracks has its V3 actually completing its audit this week. So the fracks V3 audit means V3 is going to be on the horizon within the next few months. So that is an immediate catalyst for fracks as well as the fact that they could be getting an ARB grant because obviously their protocol is deployed across a variety of EVM chains, Arbitrum included meaning they could definitely get their hands on an Arbitrum grant, which would be another catalyst for the fracks protocol. So lots of stuff happening with the audit with the grant, with the new products that they're shipping fracks chain is also coming soon. So just lots to look forward to. And from a price action perspective it's been pretty resilient. Like we can see over the last 30 days it hasn't given up a lot of its gains. And even over the last 90 days, it has drawn down but it's only really dropped from, you know, 6 .8 to 5 .5 when a lot of other tokens have been smashed 30, 40, 50%. So yes, it's down, but it's not down as much as the rest of the market. And that tells me there's some sort of bid here for the fracks token at what is a discounted price versus a similar times last year. So fracks is an interesting one for me long -term mostly but in the short to medium term for me, this is a decent zone for me to add a little bit more fracks to my portfolio. And it's nice because it gives me DeFi exposure but it also gives me reward asset exposure. And it's a nice asset that I've just been DCA into over time. So that is a super interesting one. Let's just go through the market right now and actually look at Banta Bubbles and see if I can spot any that come to mind. Obviously I've given you a few trades in today's video but let's just see if there's anything else. Aptos actually does look interesting. It recently broke above some of the key horizontals that it was breaking down from over the past couple of months. So as a reversal trade, I definitely look into that. If I was a trader, I was even considering taking along today on it. I missed it unfortunately, but if we do get a pullback I might get into that one. So that's what I'm looking at. IMX not too interested in, let's just see on the weekly curve. Lots of stuff happening on curve but overall leans bearish with the amount of sell pressure in my opinion. FTT is a volatile one that if you're a trader you could definitely look at day trading. We know that there's lots of stuff happening with FTT given that the court case is currently underway and lots of the tokens now are changing hands and some are being sold. So it's quite interesting to see what actually happens here. We also saw some stuff happening with FTT and Binance as well. So those are kind of the coins from Banta Bubbles that I would keep my eye on. Another project to keep my eye on that's actually going to be launching soon is Serenity Shield. Now, Serenity Shield is a partner of the show that has a very interesting product launching soon. They're essentially launching a product which is referred to as the strongbox. Now, the strongbox is your ultimate security protocol for you to be able to store your assets in a decentralized, immutable and secure way. So if you want to store your assets but not have to worry about exploitation risk, not have to worry about ownership of keeping it on a centralized exchange, you can keep it in the strongbox protocol which is built purely for security to encrypt your data and encrypt your assets. But there are a couple really interesting features which they're introducing to make self -custody easier for the average user. One of them is the recover feature which enables users to have peace of mind knowing that their data is available using their recovery software without needing a hardware wallet which is available 24 -7. That's a good one because I don't know if you've ever been in this situation before but I have where I've lost a ledger and I can't find the seed phrase and I've been scrambling to redeem my assets. That's actually happened. I don't know if it's happened to you but if I had my assets in the strongbox that wouldn't have been an issue. The transfer function though I think is probably the most novel and maybe a kind of weird one to talk about since it's talking about inheritance which sometimes implies the death of yourself or potentially a family member but this does solve a massive problem in crypto and that's what happens if something happens to you. What happens to your tokens? What happens to your crypto? Are they easily accessible? Well in strongbox what you can do is you can put in a designated nominee and you can choose where your assets go if something were to happen to you to transfer your wealth down to your nominee. So it is quite interesting that they have this function inbuilt. It might be specifically attractive to adopt maybe the older generation that's actively thinking about this and they might hold bitcoin or ethereum but want those assurances and securities. They could leverage a protocol like strongbox that essentially enables them to have peace of mind over their assets and the transfer of those assets. So it's super interesting. You can see a little example of the platform in front of you. I will be using the platform on the show over the next few weeks to test it out for you but if you want to get involved right now they have a $50 ,000 search rewards pool. They recently had their token IDO, their sale to allow people to buy the token. If you want to get your hands on the token and you can do so via the airdrop all you need to do is click the link in the description and you can take part in the incentivized testnet for the strongbox dapp which is powered by the bnb chain. So all you need to do is essentially test out the application. You've got four days to do so using the link in the description and you could get an airdrop of some tokens. So not a bad one. If you just want to spend a few minutes of time there I will leave a link to this post which has a full tutorial and all the links needed in the description below and also in the comments as well to help you out. And yeah okay well that's pretty much the video. I got through it in a shorter amount of time. If you notice I'm speaking quickly it's because I want to get the info to you. We have the Bitcoin price which is currently leaning bearish but still at a major support but below the 200ma. You've got Chainlink which I'm looking at a short post conference. You've got Arbitrum which is interesting with its incentives grant. You have Optimism which I think is relatively bearish heading into a pretty significant token unlock. I just don't know if market conditions right now can absorb that amount of sell pressure. You've got Ox which I think is an interesting spot play considering a lot of the selling has now happened and we're looking forward to what hopefully is a slightly better period for the token with you know in the face of a lot of unlocks. You've got Frax Share launching their V3 and also their Frax Chain. This is one that I've been DCAing into and you've got the Serenity Shield airdrop as well. So that's the video. I'm going to see you in the next one which will be tomorrow. I really hope you enjoyed. I've actually been testing out a lot of training bots so I'm going to get back to testing out my training bots right now and I'm tweaking some strategies. That video will be coming very very soon. Very excited for that one but until then I'll see you later. Peace out.
Mark Levin
Fresh update on "two days" discussed on Mark Levin
"Missile and the persian two missiles that congress didn't want to fund the spending bill that ended the shutdown didn't even didn't end up funding either the jobs program or the missiles it did however did add funding to the legal services corporation a and again we know why they shut it down we know why he shut it fourth time support for al -savadour's rebels becomes a sticking point november 10 to the 14th reagan's eighty -three nineteen eighty three shut down involved more clashes over social programs versus defense spendings with a twist of international relations this shutdown came several reagan announced his ambitious strategic defense initiative SDI which they mocked as star wars than yet which protects the country of israel and protects two of our cities which i'm not really free to get into the defense plan required a lot of technology that didn't exist including space satellites they could divert incoming nuclear bombs with lasers critics of course poked on it impractical planning it calling it rather the star wars initiatives wouldn't give it up was in this context the house pushed to increase education and decrease defense spending reagan opposed it congress's proposed bill also also cut funding for al sabador a country in which reagan was deeply invested reagan believed the sabadorian rebels fighting the country's brutal government was supported by the soviet union they were they were communist you idiot i'm telling you why he the shutdown ended with house democrats agreed to lower the amount of money for education and fund reagan's mx missile system the fifth and sixth times the government shutdown back -to -back crime and punishment shutdown and september thirty to october three and then october three to october five nineteen eighty -four reagan's fifth and sixth shutdowns happen by the way notice how they always say it's reagan shutdown it's always is the the republican democrats want to spend like drunk and marxist their own government tell them that this is unsustainable you haven't heard that word once in any of the coverage of this government tonight not once no reference to the gio the cbo the o and b these and reports came out to three months ago the crime act raised the minimum penalties for crimes involving marijuana was a precursor to the anti drug abuse act of nineteen eighty six that punished crack possession that's now they write possession increasing the disproportionate incarceration of black people at the same time congress wanted to fund water projects and reverse a recent supreme court university college case congress and reagan agreed to pass short funding bill give extra time to settle the issues but almost as soon as it started the government shut down again because they couldn't agree on a bill to end the shutdown congress agreed to give reagan his crime bill and scrapped the title nine and water project measures congress still got to strengthen title nine four years later welfare funding causes a two -day shutdown and the last one conscious in nicaragua inspire a scandal and a shutdown reagan argued that he has the and only he has the constitutional right to run foreign policy if congress wants to cut funds they cut funds but funds they can't in cut order to set foreign policy and so he there did shut the government so so those are eight occasions all of which are understandable all of which are specific at seven eight nine different things changing all the time oh whoa whoa and i can guarantee you i can guarantee you ronald reagan never would have supported the kamikazes than eight percent across the board domestic spending cut supporting the border taking care of defense taking care of the vets as the first shot in this war over the budget on a continuing resolution grover norquist doesn't support it because they see what's going on this is this is pointless the gingrich doesn't support oh he's a wimp okay we're all wimps now by mcdonald's chip roy the vast majority of the freedom caucus are we all wrong or maybe these people are self -serving self hotheads who have truly no plan whatsoever and may in fact fact hand the government over to the democrats and the liberals in the republican party and the mcconnell wing w abc this fall get it all in a new mazda from ramsey mazda find false on savings their entire lineup of new mazda models like a new mazda cx -5 all -wheel drive only 329 per or month a new 2023 mazda cx -30 all -wheel drive lease for just 229 per month choose wisely choose ramsey mazda call 888 -8851 for lease details zero security deposit bid number r0 356 324 and pm 551919 msrp 31480 and 3265 tax title and registration extra 10 ends to 23 hello i'm john mcconnell president of united metro energy and these days where honesty and integrity and are important you can rely on united metro energy to be your trusted energy provider supplying the new york metro area in long island supplying single -family homes large apartment commercial buildings and the wholesale class of customers keep you and your family warm this winter by calling 888 4328 or visiting unitedmetroenergy .com we look forward to speaking with you i'm scott the owner of solid fire pits when i began welding my custom -made fire pits for friends and family i shared them on tiktok because i was just so proud of them check it out that's beautiful i posted every new fire pit design and more people kept ordering from 26 states and counting then on my birthday i had my best sales ever now how can the universe beat that solid fire pits is just one of the five million us businesses that rely on tiktok every day tiktok sparks business go with your gut your dog's immune system is based in the gut a diet lacking in nutrients can cause itching scratching in a weak immune system however there is a solution d i n o v i t e dino vite it took a grand total of two weeks the dog stopped itching the hair stopped falling out try dino vite for free just pay shipping and handling learn more 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Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. 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 crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
The Bitboy Crypto Podcast
A highlight from MAJOR Mt. Gox Update! (Bitcoin Sell Date Delayed)
"Let's discover some crypto news today. September 21st, it's 1130 AM because we always start on time here, and we got Drew and AJ on the ones and twos. How are you two doing? I'm doing great. Nice white tee, DZ. Nice white tee. Yeah, thank you. Well, I got the V. You got the regular, right? Yeah, you got the regular. Alright, so tomorrow, I'm going to have a deeper V, okay? We were just talking before the show. I want such a deep V that Salt Bae would be embarrassed. He would turn beet red from wearing the deep V, so maybe we have to get it that cut. Drew, your wife actually makes clothing. Will she make a custom deep V for you so we can match? This is absolutely going to happen. Top D with the deep V. Yours has to be in camo. Alright, guys, we're going to talk about Jerome Powell, some of the remarks after. They didn't change the rate hikes, what they mean. Also, we got Bitcoin at Mt. Gox has been moved. What's going on with that? When are these coins going to hit the market? When is this Mt. Gox Bitcoin going to hit the market? Is it going to dump Bitcoin's prices? Is it going down 10K, 1K? So we're going to talk about that as well. We got to talk about Maxine Waters and X potentially turn into a payments platform. Linda Yaccarino, the CEO, tweeted out something last night. We're going to look at that as well. And we got some XRP news. It's going to be a great episode, so please hit that like button, everybody. Are you all feeling good? Are we feeling red? You know, the market's down, but I still feel pretty good. You feeling good? I'm feeling good. Alright. Let's go to blue. Alright, alright. We're also going to have charts with Kelly at the end, too, so it's towards the beginning. Alright, well, let's talk about Fed Chairman Jerome Powell. He spoke at a critical press conference after the interest rates decision. Here are the details. We're just going to break down some of the key takeaways. As expected, they did not increase the interest rate, kept it constant between 5 .25 and 5 .5. And here are the important excerpts from Powell's statement, everybody. We cannot have strong employment market without price stability, so we got to get the price stability in line. Consumer spending is quite strong still. Rebalancing in the labor market is expected to continue. We keep scrolling here. There's a long road ahead for reducing inflation to 2%. And the fact that we decided to keep the policy rate constant does not mean that we reach the policy stance we wanted or not, so they're still leaving themselves open for an interest rate hike. A lot of people think there is going to be an interest rate hike, not the next one, maybe the one after that, maybe in the beginning of the year. And last but not least, we're pretty close to where we need to be. I wouldn't attach greater importance to an interest rate increase. So they're trying to minimize any market impact. I wouldn't attach greater importance to an interest rate increase. I wouldn't care that much if we increase rates. Does that signal that they are going to increase maybe one or two pauses from now? I think that's signaling a strong maybe with a capital M. Yeah, I think a big takeaway from this is where it says the full effects of the Fed's tightening have yet to be felt. And that is definitely the sentiment here. Like this isn't the first time we paused on the interest hikes and the markets have fallen. You know, the past two days on the live stream, everything's going up. Everyone's saying, oh, the price is going up. I'm sitting here saying, I think this is a bull trap. I think the price is coming down because I was looking at the stock market charts, looking at the DXY charts, DXY still going up because of the previous interest hikes coming into play, stock market coming down. But crypto is pumping. I'm thinking to myself, oh, this isn't this isn't going to hold up at all. We're going to come back down the reality. And that has started to happen today. So there you go. Right. All right. Well, let's talk about Japan's economy as well. Japan's economy on the brink as the end stumbles to 148 year low bond yields. So that's a decade or almost 15 decades right there. As Japan contends with depreciating in and rising 10 year bonds, its economy stands at a unique crossroads. The yen's fall to a nearly 150 year to date low against the U .S. dollar brings with it a mixed bag of economic implications. I'm surprised they had the yen that long, you know, throughout all the world wars and everything. Yeah, true. Yeah, yeah. I mean, that's I mean, but still 150 year low, 150. The Bank of Japan now faces the intricate task of maintaining currency stability and keeping yields low amidst a high public debt environment. Complicating the test further is the yen dollar carry trade, which could intensify the pressure on the yen as the interest rate difference between Japan and the U .S. widens. So we're going to be keeping an eye out on that. We did lose the Internet, but it looks like we got it back. All right, Russia. Let's talk about Russia here. Let's rush into this next area. Russian Central Bank replenishes gold reserves to 2023 highs amid economic sanctions, according to a report by Kitco. That's where I use all my silver pricing data. Data from the IMF's international financial statistics reveals that Russia's central bank increased its gold reserves in August, apparently returned to the initial levels at the start of the year. Twenty three hundred tons. It was later confirmed by the World Gold Council. That just sounds like a shadowy group right there. The World Gold Council sounds like a bunch of bond villains. Kitco also reports that Russia is bolstering its reserves to mitigate the impact of Western economic sanctions, particularly those related to its invasion of Ukraine in February. Often we see Ray Dalio made this big, bold prediction as we see an empire on the decline. Debt is relative. And so, yeah, America's debt's terrible, but Japan's is worse. China's is worse. You know, everyone else is worse. So a lot of people use that data point, say America's debt can just get as bad as it wants to be, as long as it's not that bad relative to the rest of the globe. We're in no worry whatsoever. The other side of that coin would be, well, people will eventually stop buying debt and what are they going to start buying? They're going to buy gold, maybe some digital gold as well. So I'm expecting gold to go up. But silver silver price still lags gold. Have you ever done a deep dive on gold versus silver? I wonder if people even want that. Just would you want gold, silver data or you just want only crypto? I remember like a year ago, we were talking about doing a video that was I think we did a video that was like Bitcoin compared to gold and then Bitcoin compared to silver and then silver compared to gold. And it was it wasn't the most interesting video, in my opinion.
The Financial Guys
A highlight from Growing Unease: Current Administrations Approach to Security and Travel with David Bellavia
"What do you think they're doing with cash, right? What deal do you make where someone says, I'll bring a box of money to you? Yeah. What do you, it's, this is a state sponsor of terrorism. Ladies and gentlemen, distinguished guests and my fellow citizens. America's comeback now. starts right Welcome back Financial Guys podcast. Mike Speraza in studio live today with a guest in the studio. I haven't had this in a long time. Staff Sergeant medal of honor recipient David Bellavia joining me for about a half hour today. David, thank you for joining us. Thank you for having me. I appreciate it. Absolutely. So I'm going to stick based on your background. I'm going to stick with a lot of military stuff today and I want to start, we'll go all the way back to the beginning of the Joe Biden presidency. The Afghanistan withdrawal, in my opinion, did not go very smoothly. I'm sure many people listening agree. What were your overall thoughts of that withdrawal and how it actually ended up happening? I know we lost, you know, sadly lost 13 soldiers in that, in that withdrawal. People say we went off the wrong air base. People say that we shouldn't have gone out in the middle of the summer. There was a lot of different things there. What were your overall thoughts on that? I think it's like the worst day in American history since Market Garden. Just absolutely. And the reason why it was so difficult was it was totally unnecessary. So let's rewind to the Obama trade, Bull Bergdahl and the three first round draft picks. They get Marshall, they get MacArthur and they get Patton that end up the resurgence of the Taliban. These men not just go back to the enemy, they go back to the battlefield. They're in power when the government falls. You have misinformation coming from the White House that the president of Afghanistan is leaving with billions of dollars on his plane, which wasn't true. And then you leave the equipment, the cash. There's no recovery. We're getting reports of sales of American equipment left in Afghanistan in Southeast Asia. We're moving material across the globe. Our children will fight and pay and have to atone for these miscalculations. Let's talk about that. You being in the military and you knowing that area too, why did they just find it the easiest way out to just say, you know, just leave that billion dollar billions of dollars of equipment there and not think, again, if it was me and I'm speaking that someone that's never been in the military, but if it's me and I'm the president, I'm thinking, OK, I don't want to leave all our weaponry there. I don't want to lose any of my men. Number two. And number three, I want to make sure that everybody knows when and how we're getting out of there. And it just felt like poof. One day they said we're getting out of here. Well, it's because the military didn't make any of those decisions. I mean, look, Millie, it can criticize him. You can criticize Secretary of Defense worthy of criticism. However, none of these individuals are making decisions. This is about NGOs on the ground. This is about the State Department. So you've got Bagram Air Base, the equivalent of JFK. You've got Karzai International Airport, the equivalent of Teterboro. Right. Why would you ever do an exfil out of Karzai International Airport? It makes absolutely no sense. It's tactically unsound. But and then you've got all the ISIS -K. We retaliate from the murder of 13 of our bravest and we drop a bomb on a guy delivering water. He's on our payroll and we kill children on that. Then we take out Borat on a tuk tuk driving around like that wasn't even really what was happening. It's just a den of lies. And Tony Blinken and Jake Sullivan, all the heroes that brought us, you know, the Bergdahl deal, the Iran nuke deal. This is these. They the State Department is running all foreign policy, including what the DOD used to run. Well, that's I was going to say. I mean, I know Biden's the president, but do you blame him at all or is it everybody underneath him that, you know, maybe was giving him bad information? And again, some of these decisions, David, is Biden even involved in some of these decisions? Like, I don't even know anymore. Is he around? Is he paying attention to anything going on? Well, I mean, just from the press conferences, it was apparent he didn't know what was going on. And the great irony is that they actually were predicting that Ukraine was going to be invaded and, you know, no one believed them. So it's like you can't influence your friends. The allies don't trust you. The enemy doesn't respect you. You know, I mean, you've got Ben Rhodes is really proud of this State Department. Susan Rice loves what they're doing. But, you know, again, Americans died. And, you know, and what is the perfect culmination of the adventure in Afghanistan? Looking at your watch at Dover Air Base when bodies are coming home. I mean, nothing could you couldn't ask for a just it's it's a debacle. Yeah. And it's sad that that's that's the leader of our country there. Let's move in. You brought up the Ukraine there. So the Russia Ukraine conflict will get to Zelensky in a minute. He is as we speak in New York City right now. But so Trump's in office. We don't see many of these conflicts or any conflicts actually started under his watch. And then we have the Biden administration come in. And a year later, we have Russia invading Ukraine. Why did this happen and why? Why the timing of February of 2022? So let's go back to when we were fighting ISIS. Trump engaged and destroyed estimated some say 300 members of Wagner forces. But those were Russian nationals. We engaged. We destroyed them. What was the response from Putin? Nothing at all. So what do people in that section of the world, Eastern Europe, the Middle East, what do they respect? They respect power. They respect authority. You're not going to get any respect if you don't engage the enemy when they present themselves. I don't understand the calculus of again, I'm trying hard to figure it out. I don't get it. I don't. You know, Romania and Hungary and Poland, you're letting them unilaterally decide whether or not they want to send reinforcements into Ukraine. That's an act of war. If NATO members engage the enemy, all of NATO is engaged against the enemy. Poland doesn't unilaterally make that decision. Hungary and Romania don't unilaterally make that decision. We can't even articulate what the mission is. And if you look, go to the Institute for the Study of War, there's a plug for them. Check out their overlay from when the battle started, when the war started with Russia. And tell me what success this offensive in Ukraine has produced. I mean, let me ask this question, because I get confused. The answer is nothing. I asked this on Twitter, X, whatever it's called, all the time. What is the end game and how do we get there? Because all I see the answer is, hey, just blank checks. Hey, just write a check. Hey, here's a billion. Hey, here's 20 billion. Hey, here's another 10 billion. I don't actually see a look. I mean, like anything, right? If I write a business plan of what I want to do in 2024, my goal is X. I write down my steps to get X. I don't just write down X and say it's going to happen. I don't really know. And then the answer always is, well, we have to fight. We have to back Ukraine. Okay. But when does that end? Because the Afghanistan war and the war in Iraq lasted 20 years plus, right? And was there a real end to it? I don't know. That's where it gets frustrating for me, Dave, where I'm like, how do we know what the end game is? Do you win or lose? When does that happen? I don't know. I don't know. At least you're thinking about it. And I have fear that our leaders aren't, and that's the problem. So here's what this comes out. You're going to get a negotiated settlement out of Ukraine, right? But you talked about the billions of dollars that we're spending and giving to Ukraine as a blank check. First of all, Zelensky visited Ukrainian soldiers in the United States. Did you know that there were wounded Ukrainian soldiers in the United States? I did not know that. Well, today he visited them. So what's happening there? So that's a cost that no one is putting on the ledger. So now let's look at the blank check that Ukraine is getting. And by the way, I'm pro Ukraine. I want to fight communists all day and night. So let's punch Putin hard in the face. However, you're giving them a blank check and you're giving them munitions. Now here's the problem. We have to replace those munitions. Those munitions were purchased for 20 year global war and terror. And let's be honest, inflation is involved. So what you purchased for $10 is now $17. So you're not just giving them the money. You're giving them the equipment and the munitions that you have to replace yourself at the value of what is valued today. We haven't scratched the surface for the amount of money. CBO absent at the wheel. No one is tracking this. 2024 can't get here fast enough. How does this work, though, when you talk about some of these NATO nations coming together and making decisions, but us not just giving weaponry, giving everything money, whatever we're giving there? Is that not an act of war, too, though, David, at some point? We're continuing to fund Ukraine continuing the war in Ukraine. I mean, that to me seems like we're backing a war. Well, I mean, by the letter of the law and NATO charter, it's not. But here's the problem. It's schizophrenic because we were told that what was an offensive weapon was going to mitigate, you know, that wasn't going to help peace at all. So we went from, I don't know if they should get tracked vehicles to I'm not sure an artillery piece is what they need to high Mars rockets being launched. And let's be honest. I mean, the Ukrainians are I mean, the payload that they're going through, what you would have to have cataclysmic casualty numbers to be able to to the spandex that they're doing on the ground that they need to replace Patriot. If you're going through thirty five Patriot to, you know, missiles, I would expect to at least the C 20 makes that are shot down. They're using them for air artillery. They're using there for indirect fire. I don't know what they're doing, but this is going to end with Don Boss going to Russia. This is going to end with that land chain that Putin wanted through Crimea. And again, our friends in NATO, what are they even doing for Ukraine? What? Look, if you they said that Trump wanted to kill NATO, Biden did it. Right. Biden did it. And now Germany. And so Putin was selling oil at thirty dollars a barrel. What's it at ninety six? Yeah. He's making more money than he did before. And he's financing a war and killing innocent people. You mentioned before, too, and I think this is a good point. Everybody on the left and I'll say the media, the establishment, whoever you want to say, says that if you don't agree with the war in Ukraine, you're like pro Putin. Right. And that's just the most outrageous thing in the world, because I agree with you. I feel for the people of Ukraine. I don't want this for them. I don't want this for innocent people. However, at some point, the world's every every one of the world's problems can't be America's problem when we have a border crisis. And then I think they said yesterday ten thousand people came across. They got, I think, eight thousand of the ten thousand. But you see the numbers day over day. It's a problem. We have crime that's rampant. We have overdoses that are at record numbers. We have we have suicides at record numbers. At some point, we have to maybe just think about ourselves and not everybody else, because if we fall, sadly, I think the world falls at that point. Amen. The thing that I would add is I love the way the Ukraine refugee has been crowbarred into the migrant crisis in the United States. New York leaders from the city to all over Kathy Hochul, the governor of the state of New York, mentioning that, you know, like the Ukrainians in Poland, the the Polish have no intention to keep Ukrainians forever. That's a temporary you know, they're leaving a conflict to return to their country after the conflict is over. Again, this is just we're we're putting a round peg into a square hole and just hammering it away. But but there's no the media. There's you're our destroying military. I go to parents all the time around this country and ask them to give us their sons and daughters to join the military. And the one thing they bring up is Afghanistan. It's not about anything. It's Afghanistan. How are you going to assure us that you're going to maintain your commitment to our son and daughter when you betrayed us in Afghanistan that has lasting effects? And there's not a I'm trying to find a segment of our of our of our nation that's functioning. I don't know what it is. I saw in Chicago, they're going to have municipally owned grocery stores. Maybe that will figure it out there. Yeah, yeah, it's good. Real quick, do you think and we'll finish up on this topic, but do you think that they will we will ever have boots in the ground on Ukraine? I mean, I hope not, because I just don't know what the I mean, look at I'm I'm we're getting ready for China. We're trying to revolutionize everything. I don't know what the what the plan is. I mean, again, if you want to put a base in Ukraine, and you want to make that a sustainment operation going forward, that I here's the point. I don't understand what the inactive ready reserve call up was for. Why are you bringing those troops in the non combat support? Why are they going to Ukraine? What are you building infrastructure there? Here's what I do know. We're talking a minimum of $11 trillion to build Ukraine back. That is cataclysmic amounts of money. There isn't water, electricity, internet, you know, you want to help Ukraine. You're going to Russia is not paying for that if you negotiate a settlement. So I don't know what the plan is. But I hope we never see boots on the ground. I could guess what the plan is. I won't I won't say for sure. But I could guess that we'll be paying a chunk of that. And I do have one last one. So I did interview Colonel Douglas McGregor a few months back. And he talked about he's a real optimist. But he is really very, very bullish on Ukraine. Yes, very, very optimistic. I'm dropping some all over the place. But he brought up some staggering numbers, though. And even if they're half true, it's a problem. The amount of casualties and wounded soldiers on the Ukrainian side that we're not hearing about the media. I don't know if you agree with some of those numbers or not. But he's saying, I mean, it's people are acting as if this is an even war right now. And it's not even close. First of all, McGregor's a stud. I mean, he's an absolute, you know, that we're glad he's on our side. He's a military mind. I don't know if those numbers are accurate. I could tell you they're juxtaposed to almost everything we're hearing from every institution that we have, including a lot of our intel from Germany and England. But again, I don't know what to believe. So when you don't have when you don't have transparency, when you're not holding regular press conferences, when your Pentagon spokesman is now working in the White House and now you're getting a triple spin. I mean, the U .S. Open double backspin. You've gotten so many spins on the narrative. I don't know what to believe. But if he is even close to what is a segment of truth, you know, then look, Ukraine needs an investigation. There's a lot of investigations. We've got to start on Afghanistan. We were promised that by Speaker McCarthy. We need a hot wash on Afghanistan. And then we need to go to what who is oversighting the money that's going to Ukraine. And what have we got for our return on investment? Yeah, I'm not asking for much. Really, all I'm asking for in this conflict is can we just talk about what the end game is? And to your point, can we get an accounting of where the money's going and what's being spent in a real accounting of it? The Iran deal that just happened last week. First off, the fact that that was negotiated and completed on 11th September to me is just the ultimate slap in the face. But you again, you know more about this than I do. We do a five for five trade. OK, I'm going to use sports analogies. We trade five for five. And then we also approved of six billion dollars that apparently wasn't ours, but it was in a fund that now they can release to Iran. How are we winning on that one? Well, first of all, I was hoping that at least it was a digital transfer. The fact that it went as euros in cash through Qatar. And OK, so what happens the 24 hours after that deal is made? We're now getting issues in the West Bank. We're now hearing about issues in Yemen. We've now got Hezbollah that's reinforced. I mean, look, what do you think they're doing with cash? Right. What deal do you make where someone says, I'll bring a box of money to you? What do you it's this is a state sponsor of terrorism. They haven't changed. By the way, their president is now in New York City addressing the United Nations. This guy's killed 6500 of his own people. He admits to it. He killed the students that revolted and wanted democracy when we did nothing. He killed 5000 of his citizens in 1988. He's killed over 300 Americans. There's no accountability whatsoever. I don't understand what it is about Jake Sullivan and Tony Blinken that believe that Iran is a partner. All you've done 10 years ago, they were refining 10 percent of their oil. And now they're a force. Now they're working with Maduro in Venezuela, and they're a huge part of their members of of the international community. They're in good standing there. I don't get it. Does anyone believe that the Iran nuke deal? Look, we got hit with cruise missiles under Trump in Iraq. How did they have those cruise missiles? Those cruise missiles were illegal under the Obama nuke deal. So how are you refurbishing missiles in two years? Do we believe that their centrifuges have stopped? That they won't have a program if they don't have one already? No, I mean, I guess my question, David, is how I mean, I know that you pay a lot of attention to this stuff, but how do people like in the media not ask these questions? Right. I mean, these are legitimate. I mean, we just traded to I put this on my notes here. This is on the heels of trading a WNBA basketball player for the Merchant of Death like six months ago. Right. I mean, and again, I'm glad Americans are coming back to America. I don't want to sound pessimistic on that. That's great news. But we also I mean, this this stuff just seems like I don't care what side of the aisle you're on. It warrants questions, but nobody seems to care. I'm in the world that if you take hostages, we take hostages. You want to exchange people? We'll exchange people. You know, we definitely have the partners in the area to do that. For whatever reason, this administration, they're they're they're contrarians. They're contrarians to you know, they claim Bush and Cheney are their best friends, yet they just go 180 degrees from that doctrine. I don't know what the Biden doctrine is. I don't know what Bidenonomics is either, but I could tell you that they believe that Iran is a partner. Now, here's another thing. Our envoy to Iran not only is no longer the envoy, he doesn't have a security clearance. Does anyone curious at The New York Times as to what happened to the lead negotiator in Iran that is escorted off a bus, taken into American custody, given a job at Yale or Princeton or wherever he's working now? I've never heard of a person going from top secret classified negotiations to no clearance whatsoever and in the custody of American intelligence community. No one cares. No one cares at all. It's fascinating. And again, for me, I mean, these are big decisions that we're making. And correct me if I'm wrong, but it used to be, you know, maybe we did a two for five deal and then we made the six billion. Now we're like, we're giving stuff away and we're on the losing end. Correct me if I'm wrong, but America was never, you know, America losing. It was always America winning, right? America getting the best of deals. At least McDonald's has a five for five. We didn't even get that. You know what this does though? Honest to God, if you're thinking about traveling overseas, things go sideways, cartel, South America, Mexico, wherever you're going, you have a price in your head now. No one in their right mind is going to bring you back whether it's Haiti or wherever you are, you're worth $1 .25 billion. And thugs and scumbags are going to take advantage of that. I mean, that's a great point too. Do you think about leaving the country? I don't know anymore. That's a little bit concerning. I don't care where you're going, right? That's concerning. This one I just had to bring up because it happened two days ago or yesterday. How do we lose a plane? And I heard that's like a third one in the last six weeks that something like this has happened. How are we losing $80 million planes? Well, they're not $80 million anymore because they've got a new engine and all this other stuff. Look, the F -35 program is a complete disaster. You want to talk about why our allies think we're crazy. We sold them a plane. This program has been around since the early 90s and we've got nothing on return for it. So basically two planes are flying in a buddy team. They're doing training and a guy punches out. We don't even know why he punched out, but that plane could have easily hit a building. It didn't, thank God. But the wingman didn't follow where his buddy went. So what is he doing? He just kind of went on and did his own thing. And now the Marine Corps put a Facebook post like a dog is missing. We're expecting the Ukrainian farmers to carry the F -35 out with their tractors. I don't know what the point of it's wild. Look, stop embarrassing us. Just stop humiliating us. That's all I'm asking. Just be the army and the Marine Corps that we know our men and women are capable of being. Get out of their way. This gender garbage, this social experiment nonsense, stop humiliating our military. That's all I ask. Why can we not get the... I mean, I know why we can't get the answer, but I'm asking this to you. But why can't we, at a press conference at the White House, why can't we say, I want to talk to the guy that was in the other plane, or you can tell us the transcript of what happened when that happened. Talk to the guy who jumped out of the plane. Why did you do that? And again, I'm not trying to put our military on the spot, but these are kind of big questions to ask, right? I mean, if I do something in my business, I have to go face the music on that. Why doesn't everybody have to face music for their decisions or why things are happening? I think it's kind of important. Well, you don't want to talk to generals because they're going to tell you the truth and they won't be generals anymore. True. And you don't want to talk to enlisted people. Because look, I mean, let's be honest. How many people are... Is this a merit -based military anymore? Do we have a meritocracy? Are we promoting people based on pronouns? Go figure. When we're putting politics above military strength, accidents happen. We don't know the facts, but the fact that nobody cares about getting to the bottom of it, the day of the Pentagon paper reporters are gone. Yep. Yep. Let's just talk about the 2024 race quick, and then we will wrap up for today. So your thoughts on the Republican primary so far, I'll stay away from the Democratic side till the very end, but your thoughts on, you know, there's obviously Trump who is now in a, has a huge lead. Ron DeSantis seems to be crumbling underneath himself. Vivek Ramaswamy has jumped up in the polls. Nikki Haley's there. Tim Scott's there. A few others that probably aren't going to get a lot of votes. Chris Christie's the anti -Trump candidate. Mike Pence is, I don't know what Mike Pence is. I'm not really sure. Your thoughts about the whole field so far? I mean, look, it's impressive. They've got a deep bench. There's a lot of diversity. I, you know, none of it matters. Trump is the guy. The more you indict him, the more you empower him. You know, I'd like him to work on his communications a little bit better. You know, but if Trump is Trump, Trump is a Frankenstein monster of Barack Obama. As long as you have that faction, you're going to get, you know, Trump is going to be empowered. I just don't want to see Governor Noem anywhere near the White House. And I, if he's going to pick a running mate, you know, it's hard to find an ally here, you know. But it would be nice to find a governor. I don't want to take anyone from the Senate. I don't want to take anyone from the House with the margins that tight. But I mean, the idea that Governor Noem is being floated right now. I mean, I'd rather take North Dakota. Yeah. A little sled there. You know, it's funny you mentioned that because I saw a lot of that this weekend. I mean, can we just, for lack of a better term, keep it in our pants for about a year and then do what you got to do? It really is. I mean, every time you turn, somebody's doing something idiotic, whether it's Boebert. And again, I say this, David, a lot of people know who you are. A lot more know who you are than they'll ever know who I am. But when you go out in public into a movie theater like that, and I'm going to Boebert, not Noem for a second, you're, you're extremely well known. I don't care if it's dark or if it's as light as it is in the studio right now. What are you thinking? I, you know, she's, she's, she's an embarrassment. She is. She's bad, too. Who would have thought that Marjorie Taylor Greene would have been the, the oasis of the Maryland? I mean, seriously, I, again, you're, you're in Congress every day. You're out in public, you're on the job. You know, at least she wasn't wearing a hoodie, you know, that's all in shorts. She was at least dressed for the occasion, but I, it was, it's wildly embarrassing. Vaping, singing, whatever you're doing. Getting groped. Yes. Who is your VP candidate then? Because I think, you know, you have names thrown around. There's, there's, the vague has been thrown around in there. You know, Byron Donald's has been thrown around in there. Carrie Lake has. I don't know. I love Carrie Lake. I just don't know that Trump needs to go with somebody so divisive there. I think he's got to go with somebody that's, that's firm in their beliefs, but also not maybe going to turn off half the country. Well, you know, it's, it's impossible. One of the, one of the problems with making Trump, you know, the, the enemy of the state that the left has done is that you've really made it difficult for him to even put a cabinet together. You know, I mean, what are you going to do with it? You've got a lot of loyalists out there. You know, the vague is, is I think maybe the most intelligent dynamic candidate we've ever seen run for president, but experience does matter. But you know, I love the way he thinks. I love the movement. I don't know if he would even take the job to be honest with it. I don't think he needs it. But you look at a Tim Scott, I think Tim Scott is, you know, there's a whole lot to his message and I think he's, he's got the experience in the Senate, but honestly, you could literally take the Clint Eastwood chair and, and throw it in there as vice president. I'm going with that because this, this from top to bottom, we have to have seismic change in 24. Do you think he would ever choose Kristi Noem at this point with all that now? Yeah, no one knew Mike Pence was a, was a 24 hour story and then he was the vice president candidate. So who knows? I mean, a lot can happen between now and then, but I just, I don't need, you know, let's just pick people on their merit. Let's pick people that are ready to be the president. Imagine this, imagine picking a vice president that can lead the country. If something happens to a 75 year old president, you know, like Kamala Harris. Yeah. Someone like that.
The Café Bitcoin Podcast
A highlight from Bitcoin News with The Caf Bitcoin Crew - September 21, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right. All right. Here we go. Good morning to all of you Cafe Bitcoiners. Morning, Mickey, Jacob and throwing you an invite. Wade, all you regulars, appreciate you guys, as usual. Morning. Do you see the email from Swan this morning, Alex? No, I have been hurting cats like crazy. I got this like DM early this morning and team at like three o 'clock in the morning and they're like, yeah, we want you guys to do Cafe Bitcoin live both days at Pacific Bitcoin, Thursday, Friday, plus all these other panels. It's been crazy. What was the email, Mickey? So it looks like it's you, me, Shane and Andrew on a Bitcoin veteran panel. Possibly. Definitely you, me and Shane. I don't know if Andrew is going to be there or not, but possibly others, too, like Gabe Lord, possibly Jordan Gambrell. So, yeah, we're going to see how this works out. I love how they like let me know two weeks, two weeks before the thing. Yeah, you're getting full. All good, all good, should be a good time. I mean, we're going to have we'll have fun no matter what is the way I look at it. Peter, I see you sneaking in here. I'm not sneaking, came right in the front door. Is that Jordan on the Bitcoin veterans handle there? Yes, sir. Morning, brother. Morning, how's everyone doing? Doing good, doing good. Shout out to Joe Calasari in the audience, throwing you an invite. We're going to be super casual today, by the way. Welcome as well to Cafe Bitcoin. This is episode four hundred and thirty nine. Shout out to our supporters on Fountain Nosternests and all of you that listen on Spotify, iTunes, of course. Our mission for this show is to provide signal in a sea of noise, teaching people on thing about this that we call Bitcoin. The bright orange future, the hope to today's show, we're basically just going to free flow and begin our Q &A, there's no future guests later today. So, yeah, we can talk about whatever you guys want to. If you have questions about Bitcoin or if you just have something you want to talk about, we're just going to like open it up. Shout out to Shane Hazel in the audience, throwing you an invite. The more I deal with the traditional banking system, the more I appreciate the properties and functionality of Bitcoin. It is, you know, it's an uncensorable aspect or excuse me, or property. My ability to transact with whom I want, when I want, where I want, and in the time frame that it allows. Is just it's phenomenal, it is just such a better way to transact value and to, you know, to be able to move your value to where you want it to, when you want it to. It's just yesterday or two days ago that walking into a bank, I'm still in shock, walking into a bank with some money to deposit in somebody's account and being told they don't take cash. It's still, my jaw is still on the floor. The attitude, though, in the banking industry has changed a lot because you've got older people who are retiring or moving into, you know, more management positions where they're not so much customer facing anymore. So the people who are customer facing are all younger and they don't remember a time when there wasn't FATCA and there wasn't the Bank Secrecy Act and there wasn't all this bullshit. So to them, they've grown up in a surveillance state and it's normal, which is weird as fuck because they have this attitude like they don't actually treat customers like it's your money anymore. They treat customers like we're in charge of your money and you have to get our permission to use it the way you want. And that is a, that's a second and third order effect of all this surveillance state bullshit and all this quote compliance stuff. It's a two, it's a double edged sword because not only has the younger generation grown up and are, you know, are accommodative of this, of this surveillance state, but the older generation, the boomers, and probably some, a lot of the Gen Xers, they are comfortable enough in their finances to not be in a position where they find a need or necessity to push back against the state. And I was just talking to my brother about this and he's like, yeah, I recognize all that stuff, but he's comfortable, you know, and so he just, he's not willing to, there's a lot of people who are not willing or have no incentive to push back against the state. So it's really a double edged kind of sword. Those that recognize it are in a position where they don't have to, they don't feel like they need to do anything. And those that should be doing something about it potentially, you know, don't even recognize it.
Real Estate Coaching Radio
A highlight from "I Would List My Home, But I Can't Find A Home To Buy!"
"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. Listeners, have you ever heard this before? Have you ever heard a prospective seller tell you, I would happily list my house with you, but I can't until I find a home to buy. Boy, is that ever a conversation ender. Yeah, I would list my home, but where's all the inventory? You know, sellers can go online. They're searching all the time. Everything they see is pending. There's not a whole lot popping up. I would give you my listing, but where am I going to go? Now, here's the thing, with record low inventory nationwide, realtors seem to be hearing the same thing day in and day out, which we just said, I'd move, but where would I go? For most agents, unfortunately, that's the end of the conversation, simultaneously ending the possibility of taking a new listing as well as facilitating that buyer side. After all, nationwide inventory is at all time lows and according to Altos research, it bubbles up between 400 ,000 and 500 ,000 actives. When you take the pendings out, we're still at least a million listings shy of being in a balanced market. Okay, does not include all new construction, number one, but number two, here's something I want you guys to keep in mind. Your sellers who want to obviously buy something else once their property sells, whether it's more expensive or less expensive, they are, guess what, not worried about the interest rate. That is not what's holding them back. What's holding them back is the lack of something to choose to purchase. That's what their issue is. Why is it not the interest rate? Because most of the sellers in your marketplace, half of which have homes with no mortgages, roughly speaking, and the other half have mortgages where they have 50 % equity. So virtually all the prospective sellers that you're working with don't really care too much about the interest rates because they're going to have so much money down, their payment is not going to be that significant anyway and or they could buy the interest rates down. Do not get stuck in the emotional mental mud believing that this market, especially with sellers, the slowdown is rate driven. It's not. Now, first -time buyers? Yes. I agree. First -time buyers, they are definitely having a mortgage rate payment shock issue and to that, it's just going to get worse because rents are going to increase. So all the while they're hoping and praying the mortgage rates decrease, their rents are going to increase and a lot of times those first -time buyer types are going to be stuck in a long -term renting cycle which can last their lifetime. So we've done lots of podcasts on that, how to present to those types of folks so that they can essentially move themselves out of payment shock and into the reality that housing is expensive and it's not getting cheaper. You might as well own the house yourself versus basically renting it. But again. With regards to the first -time buyer question, but this podcast we're really focusing on, I would list with you, but I'm not convinced that there's anything to buy. I'm not going to sell it just to be homeless. So don't just answer with, yeah, there's really nothing on the market. I mean, everything in the MLS is already pending, Realtors. Stop saying that. I'll put you in my search widget and we'll watch for something to pop up together. I'll drip on you. I'll drip on you. Okay. Well, that's one method of maybe someday possibly finding something for your would -be sellers to buy. You can't end the conversation there and expect to actually do any business. Market forces are working against you. Rates are higher. Inventory is scarce. Add some inflation, the specter of possible recession and overall uncertainty. And now you've got a transitioning market. And if you're just going to roll over and say, well, yep, there's nothing to buy. You're done. You're not actually in real estate when you talk like that. But it's all those points amplified because when is the last time you went to any source, any media source, and they were making you feel optimistic? Never. Never. Right? I mean, everything including alien visitation is now essentially making the headlines. It's discouraging people from feeling optimistic. So you're going to have to understand that most people don't listen to our podcast and don't know the importance of having media -free mornings, media -free days, media -free lives. In other words, purging all that stuff. So you're going to have to remember when you're talking to folks that a lot of times you're going to have to help them move past their hesitance that's being constantly reinforced by their friends, their family, the news media, and all the rest of it. So just keep that in mind. Well, you do have a choice to make. You can either wait for the market to bounce back or you can create your own opportunities by being more proactive. We prescribed the mantra, hope for the best, but plan for the worst. Assume you're not going to wake up to three and a half percent interest rates and double the inventory. That is not going to happen. Back to our conversation with that would -be seller client who won't list with you because they don't want to become homeless. Here are the top five solutions that go beyond waiting and watching for magic inventory to arise. Okay. Good news for all of you. Some of the notes from today's show are down below along with the opportunity for you to explore becoming a Harris certified coach. We informally talked about it two days ago and we have formally now decided that we are going to open up our Harris certified coach certification program again. So if you're interested, and we have not done this for two years, but if you're interested in not just learning how to be a real estate coach but have a real estate coaching business, make sure you click the link below in the show description and fill out the form. We highly are selective who we have as a prospective real estate coach and yeah, it's owners. The process is not just simply by, you know, you're not just going to buy a certificate. You actually have to earn the right to be a Harris certified coach. Our name is on your certification and you have to assume we're going to take that very seriously. So the link to become a Harris certified coach is below or you can just go to Harris certified coach .com. All right, Julie, these are the top five solutions. Solutions to when they say, that's an objection, I would list with you, I would move. But where am I going to go to? Okay, top five solutions so you can still take the listing. Number one, consider building a home instead of chasing after the scarce resale inventory. There are several advantages to this option. First, many builders are buying down interest rates and using their in -house financing. The buyer can lock in a better rate this way, thus giving them lower payments. Next advantage, the house is new. No rehab for them and no inspection nightmares for you. It's all good. Your client can get their home on the market a couple of months prior to the completion and not have to move twice. And finally, when your client builds, they aren't having to compete in a bidding war. It's all good. Now your points were mostly geared towards production builders, but if you're not having a market with a lot of production builders, the big, you know, Epcons and well, I mean, you know. MI and KB homes and all the big ones, right? That's fine. Just go to a builder and most of the country, there are builders that build ones and twos and threes houses here and there on your land. Align yourself with those guys. You can have the same result. Very well put. You have to go look for it. Be proactive. Okay. Number two, consider. And again, these things, these five things are playing into your conversations so that you can counsel with your sellers who your buyers are would be sellers. Maybe they could consider buying first closing and then listing the previous home. Don't assume that your buyer seller prospects won't or can't utilize this option. They may have a down payment saved that's not actually in their home equity. They might use a bridge loan to borrow their equity, close on the next home and then sell the old one. You don't know if you don't ask. The advantage is that your client can make a non -contingent offer, secure their home and deal with their old house later. Make sure that you know lenders who offer bridge loans and understand how to explain this option. There's a lot of those out there. You should at least run it up the flagpole and see if it makes sense. But a lot of people can purchase their next home without actually having to sell a present one. The underlying point of Julie's point number two there was don't assume that your perspectives on finances and risk is the same as theirs because you're not going to approach the perspective seller about purchasing something with all their options. So let them know. You have several choices on how we can move forward, Mr. Seller. Here's one, here's two, here's three, here's four. Which one is best for you? That's the point of this podcast is to have those conversations instead of saying, yep, there's no inventory. We'll just drip and wait for something to drip on you. I mean, what is it? 30 % of all the home sales are it's our new construction, right? And that's going to be at least 50%. It's 30 % and rising for sure. Okay. So number three, and so, you know, some of these, these five possibilities, it also goes to how the seller's mindset is. Are they somebody that has no problem buying first and then selling second? Are they a little bit more risk adverse? So this number three goes to that point. Consider selling first, then renting for a while and taking time to look for the right home. The advantage here is that the seller has cashed out their equity and is ready to pounce on the right home, but without the pressure of organizing closing and possession dates. Who are your go -to leasing agents? Consider both traditional rentals, short -term vacation rentals that may consider a lease, as well as apartment complexes. Many have some great amenities that could work for a short - or longer -term lease while you help your client find the right home to buy. Again, you don't know if you don't run it up the flagpole, do you? Okay, number four, consider getting the seller's home on the market now, but make the acceptance of an offer contingent on seller finding suitable housing. The buyer will probably want a specific time frame, but you can usually get 90 to 120 days to secure the next home for your seller who is now a buyer. Many buyers in today's market are just anxious to find the right home and will be flexible with the seller's situation. It's still, in most places, a seller's market. The advantage to your client is that they won't have to move twice, and you've negotiated for them enough time to look for the next place. A seller lease back to that buyer, the new owner, is another way to handle that. Just depends on the time frame. Okay, so let's give them the sticky details of this one. So if a lot of your buyers are putting enough money down and are paying cash for the house, they can easily do lease backs to the seller. Yeah, they're just happy to get the house secured. And the seller's happy to know what money they're going to have for their next one. So they can do lease backs that might even last a year, right? To Julie's point, they're just happy to have the house. And so you have to have these thoughts bouncing around your head, otherwise you're not going to be able to offer these different options to your prospective sellers. That's right. Well, that's why our coaching clients get a copy of this, so they can turn it into a leave behind when they have these conversations and use it for their scripting. Well, look at that right now. Combine number four with number one, right? Someone's building, it's going to be done in say 12 to 18 months. You can then basically put their existing house on the market, obviously sell it, have the sellers receive the proceeds from the closing. They become tenants of their former house that they owned.
CoinDesk Podcast Network
A highlight from SPECIAL REPORT: SBF TRIAL 9-20 Update
"Welcome to the SBF trial, a Coindesk podcast network newsletter bringing you daily insights from inside the courtroom where Sam Bankman -Fried will try to stay out of prison. Follow the Coindesk podcast network to get the audio each morning with content from the Coindesk regulation team and voiced by Wondercraft AI. As we gear up for Sam Bankman -Fried's and unpack what happened in late 2022 that got us here today. It is one of the most consequential documents in financial history, given that it caused the collapse of a $32 billion empire in just nine days. And now to a highly anticipated criminal trial. It is the infamous balance sheet of Sam Bankman -Fried's trading firm, Alameda Research. Its explosive content served as the basis for a November 2nd, 2022 story by Coindesk's Ian Allison. The article raised questions about how sturdy the company's financial underpinnings were and by extension, how safe Bankman -Fried's better known crypto exchange FTX was. It turns out not at all. For the protection of our sources, we are not publishing the document itself, but rather describing its contents in finer detail than ever before. Labeled consolidated balance sheet 2022 Q2, it gets into the nitty gritty of Alameda's naughty empire. Much of that empire relied on tokens of projects Alameda was unusually close with, particularly the formerly white hot crypto startups it invested in. For example, it led eight figure investment rounds in the closely linked projects, Oxygen and Maps .me and counted nearly $600 million worth of those projects tokens locked and unlocked on its balance sheet. When FTX went bust, it stranded 95 % of those projects token supply in a state of limbo that seems to continue to this day. Those projects tokens have since lost much of their value, but even back then they were unlikely to be worth that much in practice. Attempting to trade them at scale on the open markets would have shattered their value. Alameda had multiple ties to Bonfita, the popular wallet naming service in the Ethereum ecosystem. It was the primary market maker for Bonfita's native token FITA. It acquired millions of FITA tokens by investing in that startup. Notably, Bonfita developers inherited development duties over the purportedly decentralized Serum crypto exchange, another FTX production. In SRM, the bounds of reality and believability began to break down for Alameda. It was a token that FTX group coders had conjured out of nothing for the benefit of Serum. The SBF founded trading infrastructure for much of Solana blockchain -based DeFi. Alameda reported holding nearly $183 million worth of locked SRM and $300 million unlocked, plus nearly $320 million in SRM collateral and an additional $330 million in locked SRM as a liability. But it was Alameda's miles deep holdings of FTT, the exchange token minted specifically by FTX, that proved to be the empire's undoing. CoinDesk's November 2nd, 2022 article authored by Ian Allison revealed that billions of dollars of FTT backed up Alameda's largesse, a fact that spooked market participants and eventually set off a run on FTX. It was during that chaos that people began to realize that the emperor had no clothes. Four days after Allison's story came out, Binance CEO CZ tweeted that, due to recent revelations, his exchange would sell its hefty FTT holdings. That quickly drove down the price of FTT, putting Bankman -Friede's companies into a tailspin. Bankman -Friede was forced two days later to seek a bailout from Binance. But that proposed takeover fell apart in a day, something another Allison scoop revealed was likely to happen hours before it was made official. Then, on November 11th, Bankman -Friede's companies were forced to file for bankruptcy protection. Allison's initial scoop on the collapse. Thousands of news stories credited CoinDesk for setting off the chain of events, including pieces from high -profile publications like The New York Times, The Wall Street Journal, Bloomberg, The Financial Times, The Verge, New York Magazine, CNN, and NPR's Planet Money podcast. CoinDesk journalists went on to win a George Polk Award, one of the top journalism honors, for their FTX coverage. And their finalists for the prestigious Gerald Loeb Award. Winners for that will be announced next week.
Crypto Curious
A highlight from 96 - Token2049 Highlights, Binance's SEC Showdown, Yuga Labs Update & Friend.tech on roids!!
"One of the big questions is - What is money? For practical purposes, it exists in a series of heterogeneous databases, very different databases. Do you believe in crypto? Digital currency may be an answer, but it is a highly respectable disaster. I'd go on Bitcoin. There is no second best. Welcome to the Crypto Curious podcast, proudly brought to you by the Bamboo app. Crypto Curious is your go -to source for all things cryptocurrency. Whether you're a seasoned pro or new to the world of crypto, we've got you covered. Each week, we'll break down the top news stories of the past seven days, giving you the information you need to stay on top of the latest trends and developments. Plus, we'll share quick bites of news and insights that you won't want to miss. If you're new to crypto, we recommend starting in our early episodes, where we break down the basics and give you a solid foundation to understand the crypto world. Join us as we explore the ever -evolving world of cryptocurrency and educate ourselves along the way. On today's episode, we'll give you a complete rundown on the token 2049 event that Blake and I attended in Singapore last week. Sneak peek, it was pretty amazing. Then we'll get into a number of big stories over the past few weeks, including Yuga Labs producing a movie, Binance are in hot water again, the Friend Tech field day, and we can't miss out on more FTX shenanigans. So stay tuned. My name's Tracey, and I'm joined by my pals, Blake and Craig, as we catch up on the crypto news. Hey guys, how are you going? Very well, Trace. Back in the swing of things this week. How are you? Yeah, good. After a week off. Did you miss us, Craig? Yeah, sure. No. That convincing. was I got an extreme FOMO from the group chat photos that you were sending and the talks that you guys went to that looked like a lot of fun, and I wish I went, but maybe next year. Yeah, definitely. Definitely next year. Maybe we should just dive straight in then and talk all about the token 2049 conference, which is the largest annual digital asset events in Asia and Europe. And this year it was bringing together the leading voices and the most sensational projects in Web3. And we did. We had an awesome time. Singapore is amazing. It was my first trip to Singapore. And Blake, give us your initial impressions and what you loved about the event. Yeah, so this is probably the biggest crypto conference in Asia, really. And I think about 10 ,000 people came to the main event itself, but then there were also about 400 side events, more than you could pick, or even too many, too many, really. And really, I think it's an industry focused event. You know, there weren't that many retail investors coming along. Tickets were priced accordingly. And yeah, it was an incredible event. They brought the who's who of the crypto industry to speak, talk about where the other projects are at and what the future looks like, the state of regulation and where we are in the market cycle. And it was fascinating to be there learning and hearing about how everyone else in the industry is thinking. And there was certainly no indication of us being in a bear market. My God, no, it was money, wasn't it? It was out of control. You know, the big exchanges were, were splashing cash around. The Formula One was on at the same time. So lots of people added a bit of excitement, didn't it? Yeah, we're coming over for that. And yeah, we could probably, you know, maybe give us your high level thoughts, Trace, and then we can get into a couple of the interesting things that we learned. Yeah, look, I think it was a really vibrant atmosphere. There were some excellent speakers. I was impressed with the setup. And the event ran really smoothly trying to get 10 ,000 people in over two days. You know, you'd expect a few hiccups, but there wasn't. I thought it was pretty, it was pretty well done. You know, there was a real big emphasis on, on building. And like you said, you certainly didn't feel like you were in a bear market at all. There was just money being splashed everywhere. Lots of giveaways, you know, certainly went trying to get a bit of merch to make Craig feel jealous. Definitely got a few to pop into the chat. What about the talks, guys? Like, which one was your most impressive project, most impressive person that you saw? Yeah, there's a couple that really stood out for me. Firstly, there was a talk on stablecoins, looking at the data and the adoption rate. What was really interesting is that you're even through this bear market, the stablecoin adoption rate has is increasing as you know, the crypto prices go down and less activity happens on chain and on exchanges. And this is really pointing towards the utility of stablecoins and what they're going to mean for the future. And importantly, what was recognised in that talk was that in the US, US -based stablecoins are being used less and less and offshore and algorithmic stablecoins are being used more and more. And this is really because of the regulatory pressure in the US market. People don't want to interact with US businesses, essentially. And, you know, probably the second most interesting talk that I saw was, you know, the founders Yeah, that was my favourite. Yeah, that was interesting. I didn't think I'd love it as much as I did. But I think me and you both sat there and was like, this is really interesting. Yeah, we had the founder of Polygon, the founder of Arbitrum and the founder of ZK Sync. You can see that the ZK Sync group, probably the most technologically advanced and that's a scaling solution that uses zero knowledge protocols on top of Ethereum. And yeah, definitely the most advanced, you know, scaling solution on top of Ethereum. Secondly, your Arbitrum is very focused on research and creating a really great product that anybody could use. And of course, Polygon's focus is on business development and getting adoption from web two companies. So coming at it from three very different angles there, but all for the same purpose of increasing adoption and scalability of the layer ones. I really like that layer two talk, but much like a music festival, you had to pick who you wanted to see because they're all overlapping. There was, you know, there was a main stage upstairs, another one downstairs. There's a few different talks. I ended up stumbling into the Neo founder, do his chat, which was really interesting. I quite liked that one. And for everyone's information, Neo is a layer one blockchain that was founded in China, very much focused on, you know, being an Eastern kind of competitor to Ethereum or so on. You guys remember the Chinese Ethereum narrative and it pumped Neo like 200X? Been around for a long time. Yeah. So you just kind of, but there was a lot of stans, a lot of people, you know, shilling a lot of different things and, you know, you could kind of get lost there for a while. There was a strong push for mainstream adoption through Web3 and gaming. And I think that was on a lot of panel discussions and a lot of side events were also pushing that. I know Animoca Brands had a lot of big events as well. So I think that was a big focus also. I think we didn't get to see him, but Robbie from Immutable was over there speaking as well. Now, was there one project that you didn't hear of that sort of came across a token at the conference? Like, was there a project that you put into your watch list? Not really. Just the big dogs just reinforcing there. Yeah. Just talking about where the innovation is moving, you know. And one thing that really stood out to me is that, you know, the regulation conversation just isn't that prominent in Asia because the regulation in Asia, the regulation in Asia, there's no issues. And, you know, I think that we can easily have a US -centric point of view sometimes. But in Asia, they're ready to do business there. You know, there's lots of investment happening. There's lots of deals happening. There's lots of growth happening. And some of those stories we'll talk about in today's episode. All in all, the event was memorable one for us and worth attending for our team. And it really did reinforce, you know, our love for the industry and just how far we have all come. And so if anyone's referenced token 2049, the next event will happen in Dubai in early 2024, in April, I believe. So you can check that one out. In April? That's only like six months away. I know. I did say to Blake that I thought that was quite soon. I think they have multiple events. You know, they have them in different regions. There you go. Well, I'll go to that one for the crypto curious community. I'll fly the flag. Cheers. Now, folks, we're going to mix it up a little bit this week, and we're going to cut out our short, sharp news bites at the end, and we're going to go to a few biggest stories because, as you know, we missed our show last week. So we're going to cover off a few biggest stories, starting with Franklin Templeton, a large asset manager who has joined the race for the holy grail, the Spot Bitcoin ETF. As we've previously reported, the aim of many of these leading institutions applying for ETF is to attract large institutional investors, which could potentially bring trillions of dollars into the crypto industry. So Franklin Templeton's ETF will be based on a mix of crypto exchange Bitcoin prices to deter price manipulation. So just another big boy entering the space and solidifying the general thesis that it is inevitable that this Bitcoin Spot ETF will happen. There you go, boys. What else are we going to catch on that's happened in the last few weeks, Craig? Yeah. So last week Vitalik, the Ethereum founder, he had his Twitter or X account hacked, and he shared a malicious link, and it actually led to just under $700 ,000 that was drained from people's wallet. So it was just a scam. People connected their wallet, got drained. But it was coming from his official Twitter. Right. Okay. This was due to a SimSwap attack. Right. These big dogs, even they get hacked. So stay on it. Stay safe, everybody. Yeah, we had that story a couple of weeks ago where your people's private keys were being stolen from their password manager, which had a vulnerability. So even when you're doing best practice activities, you know, sometimes you're still not safe. Can't trust anything. All right. Next up, we have a story that came out on the 13th of September. So received FTX approval from the US bankruptcy court to sell and hedge its crypto holdings valued at $3 .4 billion. That's a lot of bloody crypto. This is when everyone was freaking out about where they were going to drop their salon. Yep. Yeah. So we talked about Galaxy Digital was engaged to help, which is a big crypto focused asset manager to help the liquidators or the administrators sell down these assets. So what they have is $1 .16 billion worth of Solana and they have $560 million in Bitcoin and the rest in other tokens. So, you know, this is a little bit concerning. I think the Bitcoin market could probably absorb, you know, the sell down of $560 million of Bitcoin over, you know, a period of time. But what's the market cap, Craig, of Solana? Well, Solana is still, you know, in the billions. Let me just fact check. They can't sell all the Solana at once or it's going to be $9 .2 million of Solana released for them to sell every month, which I think is fine. So not all the Solana will be dumped in the market, but they have an $8 billion market cap. Yeah. And Solana did take a bit of a dump. I think it dumped around 5 % off this news. It's about 20 % of 15 to 20 % of Solana's market cap. But if they're smart, they're going to do this strategically over time anyway. Yeah, well, the three biggest holdings are Solana, Bitcoin and Ethereum. And then the other ones I've got is APT, Updos, Doge, Tron, Matic, Ripple and BNB. Very minuscule amount of BNB. So, yeah, this caused a bit of a shakeout, didn't it guys? Yeah. But, you know, I'm sure that they'll work on a strategy to release those tokens back into the market over time. I will potentially suppress price, but, you know, hopefully not for too long. Next one. This has happened over the last four or five days. The SEC has gone after the Stoner Cats project. I remember this one from a few years ago and mainly for its connection with Mila Kunis and Ashton Kutcher because it was, you could buy the rights to, it was a TV show, a cartoon Stoner Cats show. I think they only produced a couple of episodes and Mila and Ashton were the voices of the Cats. I think Jane Fonda was also one of the voices. So the SEC has charged a project for conducting an unregistered NFT offering that raised $8 million and one of the arguments the SEC used was that the entire, the entity promoted the potential for its NFT prices to increase in the secondary market, similar to all NFTs. So Stoner Cats agreed to pay a $1 million penalty and to destroy all NFTs in its possession, but they did not have to admit that it was guilty of the charges. So setting precedent there, so I'm not sure if that was the best way to go for them. And the SEC, you know, are really going for different projects at the moment. This wasn't the first one in recent weeks. So one to watch here, I know Elliot from our marketing team, who you guys see sometimes on our Instagram page, sent an article around talking about the SEC going after NFT projects and Guy from the Coin Bureau also made a big statement about it recently that he's slightly concerned. What are your thoughts, Blake? Well, I think there's a big lesson here. Don't sell cryptographic assets to Americans. Stay the hell away and you'll be fine.
Evangelism on SermonAudio
A highlight from With All Confidence
"Let's turn together to the triumphal ending of the book of Acts this morning chapter 28 verse number 11 to begin with Not feeling so triumphant so the Lord's wants us to learn today that despite our feelings this this stuff is true. Amen so acts chapter 28 verse number 11 After three months we set sail in a ship that had wintered in the islands remember they were on the island of Malta a ship of Alexandria with the twin gods Castor and Pollux. These are the gods the patron gods of sailors with the twin gods as a figurehead putting in at Syracuse we stayed there for three days and From there. We made a circuits and arrived at Regium and after one day a south wind Sprang up and on the second day. We came to Puteoli there. We found brothers believers and were invited to stay with them for seven days and so we came to Rome and the brothers there when they Heard about us came as far as the forum of Appius and three taverns to meet us on seeing them Paul thanked God and took courage and When we came into Rome? Paul was allowed to stay by himself with the soldier who guarded him After three days he called together the local leaders of the Jews and when they had gathered he said to them brothers Though I had done nothing against our people or the customs of our fathers Yet I was delivered as a prisoner from Jerusalem into the hands of the Romans When they had examined me they wished to set me at liberty Because there was no reason for the death penalty in my case But because the Jews objected I was compelled to appeal to Caesar though. I had no charge to bring against my nation For this reason therefore I have asked to see you and speak with you since it is because of the hope of Israel That I am we're that I'm wearing this chain and They said to him we have received no letters from Judea about you And none of the brothers coming here has reported or spoken any evil about you But we desire to hear from you what your views are For with regard to this sect we know that everywhere it is spoken against When they had appointed a day for him they came to him at his lodging in greater numbers From morning till evening he expounded to them Testifying to the kingdom of God and trying to convince them about Jesus from both the law of Moses and from the prophets and some were convinced by what he said, but others disbelieved and Disagreeing among themselves. They departed after Paul had made one statement The Holy Spirit was right in saying to your fathers through Isaiah the prophet Go to this people and say you will indeed hear but never understand and you will indeed see but never perceive for this people's heart has grown dull and with their eyes they can barely With their ears, they can barely hear and their eyes their eye and their eyes they have closed lest they should see with their eyes and hear their ears and Understand with their hearts and turn and I would heal them Therefore let it be known to you that this salvation of God has been sent to the Gentiles They will listen He lived there two whole years at his own expense and welcomed all who came to him Proclaiming the kingdom of God and teaching about the Lord Jesus Christ with all boldness and without Hindrance and to all these words God's people say Well Here at the end of acts we have moved from a huddled mass in Jerusalem back in chapter number one To the masses of Rome the capital city of the Roman Empire the center of the world as they saw it so from a little huddled group of 120 in that upper room in Jerusalem the day of Pentecost all the way to Rome where millions upon millions of people lived Let alone pilgrimage every single year and this is all just as Jesus promised Remember back in chapter 23 if you will when Jesus was Testifying before the Sanhedrin before the Jewish Council sometimes called the Jewish Supreme Court chapter 23 verse 11 The Apostles said the following night the Lord stood by here our looks at the following night The Lord stood by him Paul and said quote take courage for you for as you have testified to the facts about me in Jerusalem So you must testify also? where in Rome So Jesus has promised To Paul that he was going to go to Rome to testify of the gospel so he's Moved from the center of the Israelite religion in Jerusalem The temple was and now he's moved to the center of as the Romans described it the center of the world And in fact, this is this is in fulfillment of what we saw the very very beginning Of the book of Acts in chapter number one if you go back there all week the beginning verse number eight Remember Jesus promise and his call and his commission To the earliest church and he told them that they would receive power the power of the Holy Spirit who would come upon them to be my witnesses in Jerusalem and Judea that's the larger region Samaria.
Bloomberg Radio New York - Recording Feed
Monitor Show 07:00 09-19-2023 07:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. The Business Act, this is Bloomberg Radio. Looking forward, the jury's still out on inflation, but that recession risk remains significant. It might take longer for inflation to get back to target. It's true there is a resilience of inflation which is more tangible in Europe than it is in the U .S. Consumers in particular, they aren't behaving like there is a recession in any form coming around the corner. There's a risk here about a wage price spiral that isn't going away anytime soon. This is Bloomberg Surveillance with Tom Kean, Jonathan Farrow and Lisa Abramowitz. A two -day meeting at the FOMC begins right now or whenever Chairman Powell gets out of bed in Washington. From London, from our audience worldwide, good morning, good morning. This is Bloomberg Surveillance on TV and radio alongside Tom Kean and Lisa Abramowitz, I'm Jonathan Farrow. A sneak peek at the price action, equities right now positive by 0 .1 % on the S &P 500. Main event of the week, Tom, there's three of them to be fair. The Federal Reserve, the Bank of England, the BOJ, the big one for most is the Federal Reserve, Tom. Tomorrow afternoon. It's going to be interesting to see. The way I look at it is with Greenspan, was he having a ham salad sandwich or a peanut butter and jelly sandwich? It was a king. I mean, did they watch what the governor of the Bank of England does when he stops by Greer's? Do they follow the suitcase and see what's going on? Communication has changed. I don't know what to make about it other than there's no other story. $95 barrel oil and to talk to our guests this morning, including the encyclopedia known as Will Kennedy. We're here. We're here. We're going higher. Ninety five on Brent. Lisa, $92 .51 on WTI. We've got questions.
The Café Bitcoin Podcast
A highlight from Store of Value and Proof of Work with Ben Justman, Founder of "Peony Lane Wine" - September 18th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right, all right. Good morning to all of you Cafe Bitcoiners. Happy Monday. It is time for another awesome week in Bitcoin. Man. It is so cool getting up on a Monday morning. You know, most people are like, oh, God, it's another Monday. They don't even want to get out of bed. They're dragging ass. They're like, oh, but Bitcoiners are like, let's go. All right. Good morning to all of you, Lisa. Good morning, Peter. Good morning, Mickey. Morning. Good morning. Don Bay Terrence. Good morning to all of you. Shout outs to my cobart in the audience. Joe Carla. Sorry. Hi, guys. Alex, the other Alex, there is another Alex. Alex talks tweets. She works at Swan. Shout out to you. You're welcome to come up. She does some amazing stuff. I'm not there's other people in the audience here who work for Swan. I'm not going to talk to you because you guys have some semi names. I don't know. Anyway, morning, Jacob as well. Welcome back from your golf excursion or the weekend. Tone vase morning there on you an invite. I just found out I'm on a panel with tone vase for Pacific Bitcoin. I'm moderating tone vase and Pierre Richard and Jimmy song. That's awesome. And I guess our mission is to talk about shit coins. So for whatever that's worth. All right. Welcome to Cafe Bitcoin episode four hundred and thirty six. Shout outs to our supporters on Fountain and Noster Nests. Our mission for this show is to provide the signal in a sea of noise, teach the other seven billion people on this planet why there's hope because of this bright orange feature we call Bitcoin. Today's show, we're going to be discussing BTC performance versus other assets. There's a tweet Saylor put out with a really interesting chart. We'll be talking about that. United States interest payments are at insane levels and the near perfect energy arbitrage of Bitcoin later today. We have Ben Justman from Penny Lane Wine coming on the show. Very excited. He's an example of the Bitcoin circular economy. So you've got people who are craftsmen making really fine high end things and they're selling them directly to big winners. And man, I love to see it because this is the future. Like we're moving away from this entire consumer rush, rush, rush, get on the hamster wheel, make money that is constantly devaluing and then spend it on shit that you're going to replace one month or one year from now because it's garbage. But that's the entire consumer economy system. It's insane. But Bitcoin is switching that. I think we're going to flip this thing completely on its head. How long will it take? I have no idea. But I think it's coming. Anybody have any opening comments you want to make before we start digging in here? Just that the coffee and the Bitcoin charts are hitting hard this morning. So let's go. Yeah, what's up with that? I saw there was something like, I don't remember the exact stat, but the open interest has is skyrocketing, I guess. We went from twenty six, what is this, five ish to twenty seven thousand two hundred and thirty ish per Bitcoin right as of right now this morning. Lisa Huff, what did you do? You know, I missed the days when Bitcoin was actually volatile, like I am excited to see that it moved and I was also excited to see that it moved down last week. But as for me personally, Alex, what you said is correct. Bitcoiners were ready to get up and do it. And in the last several months, I have, because of Bob Burnett's lovely wife, Lola, I heard a comment that she said she made about health and fitness. She said you have to approach it like it is your lifestyle. Yeah, kind of kind of changes things up. I'm raring to go at like five o 'clock in the morning. Start workout, just went to Pilates. That's my whole life story, guys. Now you know it. Nice. I like it. I think it's awesome. Like I've shifted also because now I'm on the East Coast. So the showtime starts differently for me now. And I have time first thing in the morning, get up and go do physical things. And man, it's it's been amazing. It's been awesome. You've got to exercise for life to keep your life long and healthy. It is a lifetime thing. And finding something that you enjoy doing while you exercise is critical to that. Personally, since I'm on the West Coast, I make my bed and it's a successful day before Cafe Bitcoin. And I am not qualified to discuss anything, just so everybody knows. It's all good. Shout out to Mike Germano in the audience, throwing you an invite if you would like to come up here and obligation to do so. Alex, good morning. Welcome. I think this is the first time you've been up here now. Hey, good morning, everybody. Yeah. Thanks for inviting me up. This is a lot of fun. I'm always listening while changing diapers in the morning and doing the whole mom thing before I clock in. So thanks for having me. Yeah. What are you excited about in Bitcoin and with Swan and with everything? What are you excited about? Wow. That's a loaded question. But I mean, short term, I am stoked on Pacific Bitcoin coming up. I sent out an email blast this weekend. Hopefully many of you guys received it. And I heard you mention your panel, Alex. And the description in the email of that panel is... So the title is Shitcoin Slayers, but that's pretty awesome. And basically, shitcoiners are shaking in their boots and stand no chance against Alex, Tone Vays, Jimmy, Pierre. There'll definitely be some fighting words and not some subtle jabs. It's going to be an awesome talk. Yeah, just a lot of good stuff in the pipeline for PB. Hope to see you guys there. Tone Vays, good morning. We're on a panel together. Good morning. Yeah, I saw that in the email that you were sending that over. Yeah, so that's great. Do you guys know which day that would be? That first day or second day? I have no idea. I just literally just found out myself because I got the email just like everybody else. It's funny, right? They're like, they don't even tell me. Yeah, no, it's good. I actually tweeted out just last night. Ethereum had a brand new weekly low 12 -month close against Bitcoin. And that is a very weak TA symbol for Ethereum. And it's already going down a little bit today as well. So I think, yeah, shitcoins are in a bit of trouble. But the weird thing is, though, have you guys seen what is going on over in Singapore right now with token 2049, which pretty much has become the biggest shitcoin conference in the world? It is crazy. That conference is so scary to me. It tells me that shitcoiners still have an unreasonable amount of money. And maybe the bear market's not over yet. I don't know if anyone's seen the party videos from there. No. What I wonder about is, in this next cycle, are they tapping Asia? Are you going to see a lot of shitcoin conferences over in Asia? And are they going to be gigantic? Oh, I was going to just say probably. But the scary thing is that that conference was massive. And they're renting out sweets with the best views of the... Let's get some context. Let's get some context. What do you mean by massive? What does this mean? What does massive mean to you? Numbers? Do you have an idea of a number of attendees kind of thing? I don't. I'm assuming 5 ,000 to 10 ,000 people. I wasn't going to watch that much. But it was like the after party, right? Like renting out the most expensive restaurant in Singapore. Getting front row seats or the best views of F1, a race that was happening the day after the event. If you just do the hashtag token2049 and just look at their after parties, I don't think anyone really cares. It seemed like a borderline Bitcoin 2022 or one of their older ones. It was insane. And based on how well the shitcoin community is doing, I'm like, man, this bear market may not be over yet. Well, Tone, they're long on other people's fiat, but that tells me they're short on their own tokens. That's why they're spending so hard. It's possible. Is Ethereum ever going to make new highs against Bitcoin? Nope. No, no way. And I said that on a show. I was on Ben Cohen's podcast and a lot of his audience is apparently shitcoiners. And I said that no shitcoin has ever made a new high versus Bitcoin in the following bull market of Bitcoin. Like it's never happened. Actually, I did find one exception. That exception was Doge. But that's because of Elon Musk. It's not because of anything Doge did. And BNB, right? No, BNB never really pumped in the 2017 market because it was just launching then. So BNB's high is the 2021 bull market, and that will never be surpassed. In the case of Ethereum, it's the 2017 bull market. In the case of Litecoin, it's the 2013 bull market. So if a token has been around for like a full year before the bull market, that is its ultimate high. Like it never breaches it. Ethereum will never break its 2017 high. No way.
WTOP
"two days" Discussed on WTOP
"Second day of the auto workers strike against the big three both sides are bargaining today keep it here for full details on these stories in the minutes ahead now it's traffic and weather on the eights steve dresner on the wtop traffic center Maryland I -270 southbound remains slow leaving Clarksburg down to the crash activity in Gaithersburg at Route 124 currently blocked on the right side of the roadway we're seeing delays all the way back northbound all clear from the lane divide through Germantown a good ride all the way up to the I -70 interchange Frederick in area upper Marlboro eastbound white house road right near Harry S. Truman drive report of a crash it looks like we have a lean blocked in that area you're under police direction Capitol Beltway in Montgomery County remains slow on the outer loop over the big curve and off and on delays all the way down and over the American Legion Bridge into Virginia Prince George's County still finding delays in both directions between the BW Parkway and 214 again only volume delays and we're the stirring bunch up southbound 95 in Maryland coming down from Route 200 the ICC it does remain slow down to the Capitol Beltway in the district it looks like the mobile worker was moved on northbound 395 freeway ramp to go down to the third Street tunnels so both of those ramp lanes have been reopened traffic still moving slowly northbound on the freeway and currently traffic moving slowly southbound on DC 295 we do have the road work set up near Pennsylvania Avenue with at least a lane blocked well head to Virginia and Stafford County route one blocked in both directions between American Legion Road in Centerport Parkway due to ongoing crash activity McKesson delivers medical supplies to government agencies through the federal supply schedules visit mms dot mckesson dot com slash government for more details that's mms dot mckesson dot com slash government Steve Drisner WTOP traffic now we turn to seven news first alert meteorologist Jordan Evans that final weekend of summer looking more like fall with cool mornings and warm news we had forties and fifties earlier today
The Bitboy Crypto Podcast
A highlight from Will FTX Dumping Solana Crash The Price? (Token Schedule Revealed)
"As a contractor, I choose Hardee fiber cement because I've seen it outperform wood -based siding and other hard siding materials. The high -quality craftsmanship translates into beautiful and durable results that leave our customers at G -Fidel extremely satisfied. Using Hardee siding has significantly reduced my callbacks and warranty claims too. At James Hardee, we're here to support you. From training materials to resources that can help you generate a greater profit. Learn more about growing your business with us at jameshardee .com slash build. Is FTX going to crush Solana's price right now? You see Solana's hanging around $19. Does FTX sell off of its crypto assets? Going to push that thing down to $10, $5, even lower. Okay, what's the news? Two days ago, FTX was given the green light to sell off their crypto assets. The crypto asset that's got everybody in a tizzy is $1 .1 billion in Solana. Okay, and there's a lot of people fearing what's going to happen if they were to dump the billion dollars worth of Solana. Why is the billion dollars of Solana worth, you know, why is it such an issue? Well, guys, it is roughly 20 % of the entire Solana amount that is circulating into the supply right now. That is massive right now. Okay, it's $1 .1 billion. But here's the green light. Here's the silver lining to this cloud, everybody. I don't think FTX is going to absolutely destroy Solana's price. And there's a few reasons. Okay, first off, the $1 .1 billion, it is that much Solana, but they don't have access to that much Solana. I've been watching Sopranos, so that's why you saw my hand do that. Now, the $1 .1 billion, you know, so that's the first wrinkle. They don't have all the Solana. The Solana is locked up on what they call a vesting schedule. Now, a vesting schedule is when you go on a boat, and then they say, alright, everybody put on your life jacket, that stands over there, and then everybody, now you put your life vest on. But no, this is a crypto vesting schedule. Crypto vesting schedule means, you know, usually a linear drip of daily, monthly, something like that, you will be given your crypto allotment. You have this allotment of crypto that you're going to get, but they don't give it to you all at once. You know, maybe if you get in, you know, you invest in a company, you invest in a protocol, or, you know, maybe you're one of the founders, you'll have a vesting schedule where they'll do 1 % a month, but they'll do it for 100 months. You're seeing something similar with Ripple, what they're doing, you know, they're dropping a billion a month on a vesting schedule. Well, Solana has a vesting schedule for FTX. I actually printed it out. I have the vesting schedule right here. A couple takeaways. It's not going to be fully vested, meaning FTX won't be. Okay. I'm talking about five years from now. There's some that's going to end in 27. There's going to be some that ends in 2028. And there's a bunch that does end in 2025 as well. So they don't have the $1 .1 billion of Solana right now. Guys, that's not even all of it. They're also limiting themselves to how much they can sell per week, because they do have other assets. They have Aptos, they have ETH, they have XRP, they have the Bitcoin, they have Wrapped Coins as well. They're only going to limit themselves to $200 million a week, okay, because they also have a half billion dollars worth of Bitcoin in addition to the billion dollars worth of Solana that they have. So you can see here, you know, it's broken down. Shout out to Masari Crypto, and they're just using the Solana Foundation website for their reference there. So it's going to be a lot of selling pressure for Solana. But that's going to be normal situation. A lot of VCs got in on this token. I don't think FTX is going to be selling all this Solana, though. And they can't sell all the Solana. So it's going to be broken down. It's going to be slowly but surely. I didn't mean to call you Shirley. Shout out to all the Shirley's in the chat. Make sure you hit that like button. 200 million weekly, vesting till 2028. The founder is, you know, FTX, he's potentially going to be locked up. The trial starts next month. Is that bullish case? You know, it's going to put more attention on FTX. It's going to put more attention on Solana. And it's going to permeate and, you know, percolate in the mainstream news. And all news is, you know, news, right? All publicity is not necessarily bad publicity. I'm not saying it's all good publicity. But you're going to have more and more people hearing Solana, hearing FTX, hearing, you know, oh, what is that? And then what's retail going to do? The retail is going to say, oh, you know, that sounds real scammy. But let me paint a scenario for you. They're watching Fox Business News or MSNBC. They're talking about Sam Bankman -Fried. They have the court sketch drawing. You see the curly hair. They're like, you know, what is it? Oh, yeah, that's that guy that the Bernie Madoff of crypto. And then let me point something out to you. What if they show the Solana price chart to the millions of normies? What do you think those normies are going to feel when they see that price hanging out at 20 bucks, then jumped up to 40, and then jumped all the way up to 250 and then back down? Okay. And then they see it. Now, where do they see it? They see it back at 20 bucks. Maybe they start doing some thinking like, hey, maybe I buy five of these for $100. It used to be 250 bucks. That'd be $1 ,250. You mean my $100 could do a 12X? And then someone's going to say, yeah, and some are saying, predicting of an even higher price next pull run. They're like, whoa, Solana can hit $300, $420? Okay, now sign me up. So I think we might see a little bit of retail offsetting a little bit of the institutional dumping. I am bullish on Solana in the long term. I do think it is. It is fast. The chain has been shut down numerous times. But when I bought NFTs on the ecosystem using Magic Eden, it has been a relatively good experience, although I never tried to trade when it was down. I'm sure if I needed to trade and Solana was down, I would have a much different opinion. But I do think it can hit new highs. I don't think it's, I'm leaning towards unlikely, but there's a lot of smart people who disagree with me, and they think it's more likely than not than Solana will set in a new all -time high. I do think it can certainly hit 100 bucks again. I think it can probably hit 200 bucks again. I think there's a lot of sell pressure there. So just be careful when you see all this Solana FUD, you see the FTX, you're thinking, you know, oh, the market cap's, you know, $7 billion, and they have $1 billion, $1 point something. They're going to dump it all. This is going to crater the price. It's FUD. I'm not saying be super bullish on Solana. Definitely don't be super bullish on FTX and SPF. But when you see the fears of, hey, a billion dollars is going to hit the market all at once, it is not true. The vesting schedule is going to 2028. Big drop off, a big chunk ends at 2028, a big chunk ends 2027, and a big chunk ends in 2025. So guys, this is years from now, perfectly timed up with that bull run. You know, maybe that was part of their planning with the vesting schedule there. So just be careful out there. If you are going to buy some Solana, don't bet the farm on it, but at $19, it doesn't seem like the worst thing in the world. Alright. Hope you enjoyed Discovering Crypto with Deezy. Thank you very much. Hit that like button. Leave a comment. Tell me what you think Solana price is going to go to. Maybe we'll revisit it. Maybe we revisit this video in two years. We try to find the guy who gets closest, find the person who gets closest. Alright, that's all we got. Hit that like button. Thanks for discovering crypto. Bed Bath and Beyond is back with more to choose from than ever before. At the new Bed Bath and Beyond, you'll find all the products and brands you love, along with a huge new selection of furniture, decor, and everything else you need to create the home of your dreams. All in one amazing online store. Download our new app and save even more with exclusive deals and offers. Plus, get free shipping right to your front door. Welcome to a bigger, better beyond.
Elevation with Steven Furtick
A highlight from On The Edge Of Something Special (The Basin)
"Hey, I'm coming to you now from the basin. This is a special bonus teaching that I recorded just for you to break it down a little more, take it a little deeper. I hope you enjoy this overflow message. Let me know. Let's go. One of the things that I'm always trying to learn though, when I'm doing coaching is with creativity specifically, how do we keep the flow going when we have moments that we're not really overthinking things and we want to stay in that moment. And I know you've had this moment before, even if you're like, I'm not a creative person. I don't write poetry or screenplays or I don't have canvases lying around in my studio. I don't have a studio. But you do. You have a studio. You're the studio. The inside of you is the studio where God who is the master artist creator is making a masterpiece out of every day. So even how you approach your day can either be creative or robotic, reactive. I believe that. And I believe that sometimes when we label something as either good, bad, many cases, right, wrong, cool, corny, we miss that thin edge where something can become special. I was in a songwriting session recently, and it was a complete joke until a moment when I said, hey, slow it down. And we were doing something real fast, almost like a jingle, like a joke, like a parody song, you know, not weird Al parody that's clever, just being stupid. And I said, slow down, slow down. And all of a sudden it went from stupid, silly, to something that was real serious and heavy. And by the end of the two days of writing, that was the favorite song that we had created of a couple of the writers. So I wish I could tell you. And that song was, you know, Reckless Love. Well, we didn't write Reckless Love and that song wasn't Reckless Love. It may not be a big song, but we definitely felt it was good. And it started with that something was really silly, right? And then at some moment we decided to slow it down. And I turned to one of my collaborators, I said, if we slow it down, this will turn into something. If we slow it down, this will turn into something. And I didn't mean slow it down and start talking and overthinking. That's usually a bad way to create a creative flow, to slow down and just overthink and start taking things apart. Usually it's better to stay in the moment. What I meant by slow it down was just slow down the tempo. Like, let's just bring it down and boom, settle into it. And all of a sudden something unlocked. So I wonder how many times in our life we have been on the verge of something special, but we told ourselves a story that it was silly. This is stupid. It doesn't matter. I wonder how many times we've been in the middle of saying something to someone and we interrupted ourselves with judgment. Here comes the psychological component. I can do it from the Bible too. Judge nothing before the appointed time. I can do it from the Bible too. I can do it from the Bible too. I can do it from the Bible from Jesus. When the woman was brought to him and they were rushing to judge her and he slowed the whole thing down and said, hold on. And he did something special and they were about to do something stupid. I could preach it from the Bible, but I just want to come at it creatively, psychologically. And tell you that sometimes you're on the verge of something special. A moment with your child, but it feels awkward. A moment with your wife, but it feels awkward. And you judge it and you go, oh, this is awkward. Oh, they might think I'm cheesy. Oh, you know, I'm probably coming across like a know -it -all. Ah, this doesn't make any sense. So you stop. I want to encourage you for moments today where you push just past that point of awkward. Hey, if something's awkward because you're being obnoxious, stop. If something's awkward because you're making somebody uncomfortable, stop. If something's awkward because you don't know how to break out of contact, stop. Or if something's silly and it needs to be serious, don't make a joke out of everything. But when you're on the verge of something and it feels like, hey, I'm in this, be careful of that pull that pulls you out of those special moments where you're tempted to judge it. When you judge it, you disrupt it. And when you disrupt it, you kill it. You kill creativity. When you categorize, I had a friend early in our church give me a piece of advice. Okay. I used to label myself as not creative. What I meant by that is pretty much I can't draw somewhere in my mind. I got the thought that creative people could draw probably in like six year old Steven said, because it was called art class and we drew and I don't like to draw and I'm not good at drawing, not technically classically. Sure. Somebody likes it. Thanks. Thanks for the support out there for all of you who are very nonjudgmental, but yeah, I got this bad habit of saying I'm not creative. I'm not creative. I'm not an artist. I'm not creative. I'm not an artist. I'm not creative. And one of the guys we were starting the church with, I turned one day and I said, I'm not creative. I'm not creative. And a few minutes later I shared an idea I had, and this is going to sound corny, but I wanted to do a little teaching in the church where I was talking about momentum and I wanted to use the different, I wish I could hold up my computer because I wanted to use the different keys on the computer, shift, return control option, and do the teaching around those different buttons. And I was saying it to him almost like, I know this is dumb, but you know I know this is stupid, but rolling my eyes at myself before I even got out of my mouth, basically projection, telling him why he wouldn't like the idea I was about to present before I even had the chance to present it, saying his no for him so he couldn't reject me. And I told him my idea and he's like, that's awesome. I love that. Now he was a designer that he did specialize in visual stuff. He looks back at me and goes, I love that. He goes, hey, and don't ever say I'm not creative again. Now remember, I'm the pastor, I'm the leader, I'm the boss in some ways, although he wasn't getting paid, but I was the boss. And he telling me what to do. So first it hit me, don't tell me what to say, but then I'm like, oh, thanks. I kept that with me. I kept that with me. He planted a seed in me. Like God told Jeremiah, do not say I'm only a youth. He said, don't say I'm not creative. You should never say that again. You're very creative. And I hear my wife say that time, I'm not creative like you. Yes, you are. Did you see the way that you just made our whole family feel with that birthday party that you did? Did you see the way you just made Valentine's Day feel special? You put out this little mailboxes and made us write all notes to each other and the boys acted like they didn't want to do it, but they'll never forget it. You made something really special here. I don't like the term you made a memory because people make their own memory out of events. We don't get to make someone else's memory, but you created space for memories to be made. And you're very creative. So don't say I'm not creative. It's just what are you creating and how do you, psychology term, constrict your creativity by rushing to judge it while it's still in process? I want you to think about that today. I'm going to carry that with me today as I move into this songwriting appointment is to not judge something before it has the chance to be special. Give it space to be special. Do that by dismissing the critic. One of my friends calls that the security guard who won't let something through because, oh, this is so stupid. But I think you'd be surprised how many times something is on the edge of special if you don't interrupt it with the judgment. All right? If you just let it unfold, try it out today, sit in the awkward moments a little longer, sit with the awkward moments with yourself a little longer, press through conversationally, breathe, see what's there on the other side of what feels silly. It might be something special. That's the title. It might be something special. Hey, I hope you enjoyed the podcast. And if you did, make sure to share it and subscribe so we can get you all of these new messages as soon as they're available. I also want to take a moment and thank all of you who are a part of Elevation. Whether you support us financially or serve with us or just share these messages is because of you that we're able to reach people all around the world. And if you want more information on how to be a part of Elevation, click the link in the description. Thanks again for listening. Make sure to leave a review, share the message and subscribe. God bless you.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1401: FIDELITY: Bitcoin Will Hit $1 Billion Per Coin By This Date
"In today's show, we're going to be discussing Bitcoin ignoring the CPI and FTX as the price action hit us a September high of $26 ,600 as the bulls are back in control. We'll also be discussing the court approving the sale of FTX digital assets, meaning the assets will be sold off weekly with special handling for Bitcoin and Ethereum and insider affiliate tokens. Also breaking news just in, Congressman Tom Emmer launches an anti -surveillance state act with 49 Republicans in a new push against CBDCs, central bank digital currencies. Also the SEC chairman Gary Gensler says crypto is a field rife with fraud, abuse, misconduct. It's daunting. We'll also be discussing breaking news, $800 billion asset manager Deutsche Bank partners to offer Bitcoin custody for institutions. Let's go. It virtually means that the bank can now hold crypto directly for its clients. Also in today's episode, we'll be discussing, can the Bitcoin price achieve fidelities? $1 billion price target by 2038. That's right, the $4 .5 trillion asset manager is predicting that one Bitcoin will eventually be worth $1 billion per coin. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. With that being shared fam, welcome to everyone just joining us. This is pod episode number 1401. So let's fricking go. Today is September 14, 2023 and the crypto market is back in the green. Shout out to everyone out there in the live chat. It's good to see the entire Bitcoin fam. So yeah, let's kick it off with our market watch. As you can see, Bitcoin is trading back above $26 ,600. We also have Ether trading back above $1 ,600 and virtually most all the major cryptos are in the green minus BNB barely in the red. And checking out coinmarketcap .com, the current crypto market cap sits just north of $1 trillion with $28 billion in volume in the past 24 hours, but the Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .6%. So yeah, checking out the top 100 crypto gainers of the past 24 hours. We have Axly Infinity leading the pack trading at $4 .73 up 11 % followed by ThorChain up 5 .5 % trading at $1 .65 followed by Conflux up a modest 5 % trading just above or I should say just shy of 12 cents. And checking out the top 100 crypto gainers for the past week, we can see virtually everything is in the green minus a handful including Scamcoin FTT down 5%. Axly Infinity leading the pack here as well up 12%. And as you can see, the alts are pumping. That's what's up. How many of you took advantage of this recent price dip? Let me know. And how many of you are gonna be hodling into the next Bitcoin halving, which is roughly six months out around the corner. Holla at your boy chat. I appreciate the interaction. At the end of the show, I'll be reading everyone's comments out loud. And how you doing today for Christ's sake? Holla at your boy. Don't be a stranger. And with that being shared, now let's dive into today's Bitcoin technical analysis. Check out the charts and what is popping with the King crypto. Here we go. Bitcoin hit new September highs after the September 14 daily close as markets digested macroeconomic as well as crypto. Industry news, which you can clearly see here in the Bitcoin one hour candle chart. Now data from Cointelegraph and TradingView tracked the Bitcoin price highs of 26 .5 over on Bitstamp and Bitcoin had shaken off the higher than expected US CPI the day prior, which we covered here in the show, maintaining that 26 ,000 support. Subsequent confirmation that the defunct exchange FTX had received legal permission to liquidate its remaining assets likewise failed to dent Bitcoin's comparatively solid intraday performance. And a little later in the show, I'll be sharing that ruling directly coming from the courts in regards to the FTX assets being sold. Now coming up to the range highs and once we flip these levels, we can look to finally get into a safe position and long since popular crypto trader, Crypto Tony and fellow analyst, Dan Crypto Trade suggests that the overall Bitcoin market dynamics have changed versus the period of weakness seen around the monthly close. Quoting this gentleman here, market feels different this week. The dips are being bought up relatively quick and while the price keeps sweeping highs, it keeps crawling itself back and leaving the lows untouched. The spot bid is also stronger than the past few weeks, might be wrong, but I am optimistic. Let me know if you agree to disagree with the analyst and additional analysis predicts that the longer term Bitcoin price breakout should US regulators approve a Bitcoin spot ETF or which we all know is inevitable over the coming months. He also says that BTC .d is still holding on the previous range high, which is the Bitcoin dominance chart and in the CHOP region, but ultimately says, I think this would go higher in case of a Bitcoin ETF approval one day. Yeah, that's right. They can only push it back and delay it for so long. I believe the next day they have to acknowledge it is in October and more than likely Gensler and the SEC is gonna push it back till next year. That's just my two Satoshi's. Let me know your thoughts, fam. Now more cautious was Trader Sku who referenced the on -chain volume prime to cool once more after the relief rally, quitting him here. The daily structure looks fairly good here and decreasing volumes. So could definitely be looking towards a relief rally before lower as the commentary read, noting the Bitcoin was still holding the key 25 ,000 level. Now with Bitcoin up just 1 % month to date at this time, Bitcoin is nonetheless on course for its best performing September and years. As we know, it's usually September, pun intended. According to data from monitoring resource CoinGlass, the last time Bitcoin gained in September was all the way back in 2016. That's like holy moly, seven years ago, fam. That year was its best on record at a modest 6 % while its biggest red September bear month was two years prior when it lost a whopping 19%. Talk about total bloodshed, right, fam? Now in 2022, Bitcoin shed 3 % before climbing another 5 % in October, which is a popular month amongst the bulls who informally referred to it as Uptober. So hopefully, God willing, we have another Uptober here right around the corner as we're already halfway through with September. With that being shared, fam, let me know your thoughts and outlook on the current landscape of the crypto market. Do you feel we're likely to correct lower or do you think we'll continue rising back towards that $30 ,000 level psychological resistance? Let me know, chat. And now let's break down our next story of the day and discuss the latest judgment coming from the courts regarding the FTX asset sales. Here we have it. This is just in, the Delaware Bankruptcy Court approved the sale of FTX digital assets. We have Judge John Dorsey who made the ruling at a hearing yesterday, September 13th. Major changes were made to the draft order authorizing the sale the previous day. Now as you know, there's been a lot of FUD of people talking about all the assets, billions of dollars worth of crypto is gonna get dumped and it's going to wreck the market. Well, there are some caveats, so it's important I share them here. FTX will be allowed to sell the digital assets excluding Bitcoin, Ethereum, and certain insider affiliated tokens in weekly batches through an investment advisor under pre -established guidelines. There will be limits of $50 million for the first week and $100 million in subsequent weeks. There will be an option to increase the limit with prior written approval of the creditors committee and ad hoc committee or to raise the limit to 200 million weekly with the approval of the court. So they can't dump it all at one time which is good for the bulls, right? Now Bitcoin and Ether and insider affiliate tokens can be sold through a separate decision by FTX. After 10 days notice to the committee and the US trustee, the US trustee is appointed by the US Department of Justice. Now I'm curious what those insider affiliate tokens are. If I was to guess, I'd guess FTT, that scam coin, Bankman Fried created out of thin air and I'd also throw Solana in there, but what are your thoughts, fam? Let me know. Those sales will also be conducted through an investor advisor. Information about the sales will be subject to professionalize only and confidentially restrictions with a redacted version accessible to the public. The sales will be subject to written objection by the committees and the US trustee. And in that case, the sales will be delayed until the objections are overcome or the court orders a sale. Quoting Bak Ubu here, FTX adapts crypto sale plan to address the US government concerns. FTX, the bankrupt crypto exchange is making changes to its proposal for selling billions in crypto assets. That's right. And I just broke down ultimately what you need to know. The conditions on the latter sales were added in the draft submitted September 12th, a couple of days ago. They were regarded as cautionary moves to ensure the market stability during the influx of FTX assets. Some observers noted that the sales will represent only a small portion of the trading volume and may not have a heavy impact. But according to a recent shareholder update, FTX has $833 million worth of Bitcoin and Ethereum collectively. FTX can enter into hedging arrangements using Bitcoin and ETH with the private approval of committees and can use them for staking according to the guidelines. The FTX token, as we know, is FTT, cannot be sold without further court authorization. Well, good for them. Glad to hear they're not authorized to sell their scam coin and dump it onto the market. That's definitely a good sign, wouldn't you think? Now let's break down the next breaking story of the day. Gotta give respect and credit where it is due. We have US Congressman Tom Emmer who made a very strong anti -CBDC stance and we know that's the central bank digital currencies which the central bankers are gonna be rolling out and I know their pilots have already began rolling out around the world. So let's discuss this anti -CBDC push because I'm all for anti -CBDC. That's why I promote Bitcoin every day here on the pod. Bitcoin is the antidote to the CBDC. Let me know if you understand what I'm saying. Now Congressman Tom Emmer is leading the reintroduction of the bill that aims to prevent the Federal Reserve from creating a digital dollar. God bless him. Emmer says on the social media platform X that if it isn't designed to emulate cash, then a CBDC would dismantle the American's right to financial privacy while also emboldening the administrative state. Facts. The majority whip says that the new bill attempts to prohibit the Fed from issuing a retail CBDC while protecting innovation and any future development of true digital cash. This bill puts a check on unelected bureaucrats and ensures the US digital currency policy upholds our American values of privacy, individual sovereignty and free market competitiveness. The administration has made it clear. President Biden is willing to compromise the American people's right to financial privacy for surveillance style CBDC. I don't believe in compromising American rights. That's the bottom line. If not open, permissionless and private like cash, a CBDC is nothing more than a CCP, which we all know stands for, right? Style surveillance tool that will be weaponized to oppress the American way of life. Preach. I couldn't have said it any better myself. I stand by what he is saying because I know it's fact. Now while official, the concrete plans for the CBDC haven't been released by the US government as opposition has already formed, which is a good sign. We also have US candidates who are running for the presidential election next year in 2024, including current governor of Florida, Ron DeSantis, who is running as a Republican. And we also have Kennedy Jr. who is running as a Democrat who are both pro Bitcoin and anti CBDC. So we must stand strong and oppose these weapons of financial mass destruction, which are better known as CBDCs. So again, much respect to the congressmen and those making this push. Now last month we also had Ohio Republican Warren Davidson said the CBDCs pose an existential threat to the Western civilization and was committed to fighting against them. Davidson said that he wants to prohibit the CBDCs because they threaten other digital assets like Bitcoin and impede the development of the beneficial financial technology. Facts, quitting him here. Central bank digital currency poses a serious threat, tall digital assets, as I said, at flyover FinTech. Many people wrongfully conflate even Bitcoin with a CBDC. Ignorance is bliss, huh? At least most agree that CBDC is evil, the financial equivalent of the Death Star. Great reference to Star Wars there. Don't become an accomplice to anyone designing, building, testing, developing, or establishing CBDC. Banning a CBDC is essential to the American's FinTech future. So there you have it. What are your thoughts on CBDCs if they roll out, which more than likely they're going to eventually at a theater near you, are you going to participate in them, is the million dollar question. What if they give you a stimulus and they promise you, we're gonna give every American $5 ,000 of this digital dollar, AKA CBDC, central bank Ponzi scheme currency. What are you gonna do about it? I say just say no to Bitcoin, or I'm sorry, just say no to CBDCs and fight it with the antidote, which is Bitcoin, by simply stacking stats today and preparing yourself so that you can fight the tyrants who are trying to take over our country. Just saying, fam, let me know if that resonates with you. And with that being shared, now let's break down our next story of the day and discuss the latest with Mr. Gary Gensler, the chairman of the SEC and what they recently shared with Congress regarding cryptocurrencies and enforcement. Here we go. The chairman of the SEC, everyone's favorite huckster, Gary Gensler talked about cryptocurrency during his testimony before the US Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, two days ago. Reiterating his views that most crypto tokens are securities, Gensler told the lawmakers without prejudging any one token, the vast majority of crypto tokens likely meet the investment contract test. Given that most crypto tokens are subject to the security laws, it follows that most crypto intermediaries have to comply with the security laws as well, quoting the chief right here. In terms of crypto, I've been around finance for 44 years now, and I've never seen a field that is so rife with misconduct. It is just, it's daunting. He further described the crypto industry right now. Unfortunately, he says there's significant noncompliance and it's a field which is rife with fraud abuse as well as misconduct. Now the Senator Bill Hagerty asked Gensler during the hearing what the SEC needs to see from issuers to approve a Spot Bitcoin ETF. Wouldn't you say that's a great question? Following the recent court ruling in favor of the grayscale investments, now the court found that the securities regulator, denial of grayscale Spot Bitcoin ETF app, was arbitrary and that the SEC Chairman Gensler replied with the following, we're still reviewing that decision. We have multiple filings around Bitcoin ETF products, so it is not just the one you mentioned, but there's multiple others. We are reviewing them and I am looking forward to the staff's recommendations. So there you have it. How do you feel this will likely play out regarding the regulators and crypto choke point 2 .0 as it continues? Do you think it'll keep pushing innovation outside the United States? Or do you feel that it's just a matter of time and Gensler's no longer gonna be able to push back these deadlines for the SEC approvals? Because we all know once the Spot Bitcoin ETFs get the green light from the regulator, it's game on. There's literally trillions upon trillions of dollars right now sitting on the sideline just waiting for that freaking approval. And if it wasn't for the SEC, we'd already had a Bitcoin Spot ETF a decade ago because that's how long they've been denying them, right? In fact, the very first Bitcoin ETF application was submitted by the Winklevoss twins of the Gemini exchange literally over a decade ago. And while they keep approving these futures ETFs which aren't in the investors best interest, but to keep pushing back the Spot ETFs which benefit everyone makes no logic except they're doing what they do because that's what they do and let's leave it at that. And with that being shared, fam, now let's break down the latest breaking news regarding Deutsche Bank. This is big news coming from another major institution and then I'll be breaking down the $1 billion fidelity price prediction for the King Crypto. That's right, they're saying that one Bitcoin will eventually be worth $1 billion per coin and then we'll dive into our live Q &A. So yeah, here we go, breaking news just in. The German bank, Deutsche Bank, was one of the handful of companies to invest in a $65 million Series B fundraising round for tourists in February of this year. The company offers enterprise -grade infrastructure to issue managed custody and trade, cryptocurrencies, tokenized assets, as well as NFTs and other digital assets. Let's go. Now according to Taurus' co -founder, Lamin, the partnership underwent a thorough and very detailed due diligence process before the German bank decided to use its infrastructure services, quoting them here. It started end of 2021 and ended somewhere in 2022. We won the deal a couple of quarters ago and as previously reported, Deutsche Bank has been brewing plans to offer crypto custody and trading services to its clients over the past three years, since 2020. The bank most recently applied for a digital asset custody license from Germany's financial regulator, Baffin, in June of this year, as it continues plans to offer its customers access to crypto markets as well as assets. Now brain, aka, confirm, whoever that is, the agreement is global in scope with tourists providing custody and tokenization tech in line with the local regulatory requirements. Let's get it. Good stuff. And I appreciate the live chat right now. I am tuned in and checking you guys out. Much love. Any questions, feel free to drop them. And again, at the end of our premiere story with Fidelity, we're gonna be reading those comments out loud. Anyways, announcing the partnership, Deutsche Bank Global Security Services head, Paul Maly, said that crypto space is expected to grow to trillions of dollars of assets and is likely to become a priority for investors and institutions. Preach, that's a given, right? Meanwhile, Deutsche Bank's asset management arms, DWS Group, had reportedly been in discussions to invest in two different German -based crypto firms in February of this year. This includes crypto exchange -traded product provider, Deutsche Digital Assets, and market maker, platform, Tradius, Deutsche Bank Singapore, and Memento Blockchain also recently completed a proof of concept called Project DOMA, which stands for Digital Asset Management Access, which allows for the management of digital funds and tokenized securities. And founded in Switzerland in 2018, Taurus' Series B round was led by Credit Suisse and included the likes of Deutsche Bank alongside Arab Bank Switzerland, indicating major interest from traditional financial banks. Let's go. The announcement of its Series B round also clearly outlined Taurus' aim to serve tier one banks in Europe. And they also told Cointelegraph that the platform serves close to 30 banks, with most deals going beyond cryptos to including tokenization of equity debt as well as other products. Deutsche Bank is set to offer customers crypto custody options through a partnership with the cryptocurrency infrastructure platform, Taurus. Now obviously, this is a major, major deal when you have a $800 billion asset manager, such as Deutsche Bank, partnering to offer Bitcoin custody for institutions around the world. The bank can now officially hold crypto directly for their clients. So there we have it. Another one bites the dust. And now for the moment you have all been waiting for. Let's discuss this $4 .5 trillion asset manager, Fidelity, which I believe, correct me if I'm wrong, is the second largest asset manager in the world, next to BlackRock that controls over 10 trillion in assets under management. They're predicting, their head of global macro, Julian Timmer is predicting that the Bitcoin price hit $1 billion per coin. So let's break this down, shall we? And then we'll dive into our live Q &A. Here we go. Fidelity's prediction for Bitcoin. We have Julian Timmer, director of global macro at Fidelity, put forth the notion that Bitcoin, the king crypto, has the potential to reach a value of $1 billion per BTC in roughly two decades, specifically around the year 2038. So there you have it. Right now we're in 2023. So what is that? Roughly like 15 years out. To supply the forecast, Timmer employed a combo of models and charts with particular focus on the stock to flow model and his own demand model. These analytic tools form the foundation for his primary prediction. And speaking of stock to flow, massive shout out to Plan B, creator of the Bitcoin stock to flow model. Now he believes, along with the stock to flow, the data, which doesn't lie, that the Bitcoin price is subject to hit between 100 ,000 and a million dollars after the halving in 2024. Let me know if you agree or disagree with the stock to flow prediction. And now we'll get back to this analysis from Julian Timmer of Fidelity. The above demand model employs Metcalfe's law, and according to the numbers of its users, grows linearly, the network's value, or interfiends, the Bitcoin price, grows geometrically. This means that the utility of the adoption of Bitcoin are expected to grow more rapidly compared to its network of users, exchanges, ATMs, and participating retailers. Therefore, this model predicted that the Bitcoin price will reach $1 million, which is seven figures, by the year 2030. Now I'd also like to throw out there, we also have Cathie Wood of ARK Invest predicting a $1 million Bitcoin price by the year 2030. In fact, if you've been following my show, then you know her bear case scenario is over a quarter million per BTC in 2030, her base case is over 600 ,000, and her bullish case is $1 .48 million per BTC. There's other big analysts and financial institutions as well, just as bullish as Cathie Wood. So I just wanted to throw that out there that there's others in agreement with Jurien Timmer thus far on this Bitcoin price prediction. So yeah, in contrast, Timmer's stock to flow supply model noted the event of significant price surges during each halving event. Consequently, when considering this model in conjunction with the other factors, it foresees a Bitcoin price range of $1 million to $10 million for Bitcoin defined by the year 2030. Timmer's demand model is more inclined towards reflecting the bottom of the Bitcoin price. But on the other hand, the stock to flow model seemed to provide a better approximation for the peak of Bitcoin. However, it's worth noting that the disparity between these two models widened significantly beyond the year 2030, which is where things get interesting. The reason behind this gap is expected to be the changing value of the dollar, as many, many economists are anticipating the crash of the dollar in which Jurien Timmer is as well. So Timmer proposes that the value of the dollar undergoes fluctuations over time when compared to other traditional assets. For instance, if just $1 was invested into the stocks during the 18th century, its present -day value would be roughly $4 billion. You mean to tell me $1 invested into stocks in the 18th century is now worth $4 billion? That tells you everything you need to know about fiat currency, folks. Now similarly, Timmer implied that if $1 million was invested today, it can grow to $1 billion in just a span of 20 years. This further revealed that the purchasing power of the dollar has significantly reduced due to factors like inflation and depreciation, and let's not forget, money printer continued to go. Just saying. Thus, Timmer's statement implied that keeping a fixed amount of dollars for many years may lead to a reduced purchasing power due to the assets' changing value, and over the last few years, an increasing number of are companies taking over the $1 trillion market cap, and as a result, it's foreseeable that in the next two decades, the concept of a trillion -dollar valuation will become more common. Yes, right, so much that individuals themselves could be worth a trillion dollars or even more. The scale of numbers may even reach the quadrillion range. Like, whoa, so is this milestone still achievable for Bitcoin is the million -dollar question. So despite Bitcoin's historical growth, it had recently faced a significant setback. Bitcoin's network activity had diminished, and it had fallen behind in comparison to Cardano's network, for example, the number of active addresses in the Bitcoin market had experienced a notable decline when compared to the levels seen in 2021, but we also gotta note that we're currently in a bear market, past couple of years. We hit the cycle peak back in 2021, and we soared. Remember COVID era? Bitcoin dumped all the way down to like $3 ,500 range, and within a year, by the end of the fourth quarter of 2021, we hit that all -time high, which is the current high of $69 ,000. So this just goes to show you how fast Bitcoin can climb during a bull market, and we know the past couple of years have been bearish as all hell, right, especially 2022. We had the collapse of Terra Luna. We had the collapse of FTX being the second largest crypto exchange at the time. There was mass contagion. Everything was impacted. We dropped to a new cycle low of 15 ,700, but I think the bottom is past us. What's your thoughts, chat? Do let me know in the comments so I can read those out loud here in a little bit, but let's finish up this prediction. The higher network activity, like increased transaction volume or active addresses, is viewed as a positive indicator for the growing adoption for Bitcoin. This can create a sense of confidence amongst investors, potentially leading to the rise in demand and positive effect on the price action, and although Timur's prediction may be considered far -fetched and lacks empirical evidence, it doesn't completely dismiss the possibility of Bitcoin reaching such levels. The concept of de -dollarization has gained stature, shifting global attention towards alternative currencies. The shift in focus is expected to drive the demand for assets like golden crypto, such as Bitcoin, and with BRICS pushing for the fall of the dollar, the BRICS currency and Bitcoin are expected to garner continued momentum. So there you have it, fam. What are your thoughts surrounding this whopping $1 billion price prediction for the king crypto by the year 2038? Do you think it's realistic? And before we even got to that billion prediction, what about $1 million by the year 2030? Do you think this is realistic? Do you think this is a pipe dream? Do you think this is conservative? What's your honest thoughts? And where do you feel the dollar is likely to go over the course of the next few years? Do you think it will not even be in existence and will be replaced by the digital version, which is the CBDCs, central bank digital currencies that Congressman Tom Emmer and many others are warning you about? Let me know your honest thoughts. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Real Estate Coaching Radio
A highlight from Real Estate Agents: How To Stop High Mortgage Payments From Killing Your Business!
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money, and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. So on today's podcast, what Julie and I are going to be doing is explaining with enough detail that all of you will walk away feeling like you've learned a lot and you can apply that knowledge and help you to help people make money. We're going to be explaining the differences in different types of mortgages that are out there. Now why are we doing this? Because many of you are frankly walking around with a lot of misinformation about the different types of mortgage products out there and it's costing you deals. How do I know that's true? Because Julie and I trip over the agents saying things with a lot of authority that are completely wrong about the different types of mortgage products. That's right. So this is how you're going to overcome the number one buyer objection and we're also going to talk about it from the listing side in a second. Buyers are saying things like, I don't want to pay these high interest rates and high mortgage payments. I'm going to wait for the rates to come down. Well, they don't actually have to wait. You don't have to wait. They just have to utilize a different type of mortgage. Now there are several ways to overcome higher rates. We're going to show you the top three and we're going to give you enough information to make you dangerous and you're going to take it the rest of the way or join coaching. Because this is a podcast. This is not a coaching session. And this is great information as always to use if you're training your team, your brokerage. Maybe you're going to do a buyer seminar and you want to give them the drill down on all the rest of it. But really it's knowledge equals confidence, ignorance equals fear. You've got to know this stuff so you feel frankly capable and competent in the marketplace to be working with people because guess what? This marketplace is going to introduce or force all of us to relearn a lot of the sort of different mortgage products that are out there because 30 year fixed rate mortgages until the rates come down to a more or frankly, if you're doing new construction, you're going to be looking at a lot of folks that are going to be looking for ways to make the payment more manageable. That's right. So there are several ways to actually close at a lower interest rate than the going rate rate. We're going to show you the top three. Those three things are buy downs, paying discount points and adjustable rate mortgages, otherwise known as ARMS. So this information is not just for buyer's agents. It's also for listing agents to understand how these programs actually work. Now, frankly, it's mostly for listing agents because a lot of listing agents are turning away offers that are very viable because they don't understand the nature of the mortgage. We talked about this the other day when we were talking about first responder type loans. It's like you'll get a VA or an FHA loan, Mr. Listing Agent, and you'll just shoot it down because somebody told you that those are whatever, whatever. You don't have actual experience and you're listening to people, you're getting advice from people that don't, guess what, have actual experience and you're costing yourself a transaction, you're costing the buyer agent a transaction, but you're also costing in that case that I just gave you, maybe a veteran, an opportunity to buy a house. Yeah, that's exactly right. So remember, just because a buyer asks for closing costs or is getting a mortgage that's not a standard 30 -year fixed does not automatically make them a risky buyer. Maybe they're just getting a lower rate so they have lower payments. That is a big mistake that I'm seeing mostly from listing agents. As you said, they're shooting down perfectly good stuff. Okay, so note to self, credit scores are at an all -time nationwide high. Home equity is high. We've talked about this on previous pods. 30, 60, and 90 -day late payments are at an all -time low. This means that most buyers are in a strong position to buy and they are likely just taking advantage of different types of loan products versus choosing an inferior loan product like some listing agents believe. See, what's happened is, because you guys are so used to standard issue 30 -year fixed, a lot of agents think in their head that anything that isn't like that must be subprime or it must be too risky. There's something wrong with it. Let's take that to the next level. I don't think, okay, agents, now that we're exposing all this to you and there's tens of thousands that are going to hear this, now it is on you to learn what we're going to expose you to and drill down and even learn it more. But I think really the real root of the problem are loan officers who don't know how to do anything other than revise in 30 -year fixed -rate mortgages and or they don't actually have within their mortgage business different types of products other than traditional 30 -year fixed -rate mortgages. So Larry the lender, who you love, is not going to be able to work with you in a mortgage environment like this because the actual essentially list of different mortgage products he has is not versatile enough and you're going to have to open your mind to the fact that buyers are more qualified right now than you actually think they are. Oh, and by the way, some of those buyers are actually going to be sellers as well. You guys getting the point here? The reason that the market is so, I think, the feeling the way it does, a lot of it has to do with lack of knowledge amongst the professionals that are supposed to be doing the transactions. And you may have to change the lenders you're working with. You know, of course I listen to a podcast about this, a lot of the small and medium size lenders are actually going out of business because their refi business dried up and because they don't have all the products that are needed in this market. And they also don't know how to work and do anything other than refi. That's right. So you may have to actually change your mix of lenders or if you are a mortgage lender listening and we are very mortgage lender friendly, many of you are joining our coaching program and getting real estate licenses, you might need to expand what your offerings are or, you know, talk to whoever's in charge about that. By the way, we know we're giving you a lot of information. What we're trying to do is open your mind to all the amazing, frankly, information out there for you to learn because once you have this knowledge, it's going to give you an unfair advantage in the marketplace when you're talking with a prospective buyer or seller. But don't worry if you're missing any of the points from today's show, the notes are down below. Scroll down, open up the show description. They're all there waiting for you. And of course, as always, you can also join premier coaching. It costs you nothing. So listing agents do your research before you shoot down a buyer just because you've never heard of their loan program or because you believe that adjustable rate mortgages are evil and have a terrible reputation. A lot of that is a hangover from things that you might've heard about from the housing crash, but that doesn't mean it's the same product. But again, it might be not things that you heard from the housing crash. It may be your office manager or your mentor or your quote unquote coach heard from the housing crash. When you're going through the process of learning who you should be listening to and taking advice from, you've got to be ultra careful because one little bit of information, just look at what Julie and I have exposed you to. So let's say you're walking around with this attitude that arms are terrible, but arms can make it so that a lot more people can have, say, fixed rate mortgages for the next five or seven years. That's what an adjustable rate mortgage is, meaning a lot more people can buy a house. So because you think arms are awful, you turn down that, again, veteran buyer that's going to do an FHA arm, let's say. Whereas had that person bought that house because of inflation and depreciation, say for $400 ,000, and over the next, say, five years during that time when they had that adjustable rate mortgage, that house could have appreciated by over $100 ,000. You just took from that person, in my case, a veteran, the opportunity to build some significant equity in their property. You've got to be opening your eyes to the importance of having this information because at the end of the day, listeners, your job is to be of service to other people. How many people can you be of service to if you don't know how to actually do the job? Exactly. So we're going to look at three common ways to close at less than the going 30 -year fixed rate. Buy downs. Now, I want you to separate all these because a lot of these terms sound similar. A buy down is a mortgage where the buyer obtains a lower interest rate for at least the first few years of their loan. There are different types of buy downs. A 2 -1 buy down is where the buyer has a lower rate for the first two years of the loan. A 3 -1 is for the first three years of the loan. They buy down the fee, that's known as points, that can be paid by the seller on behalf of the buyer or by the buyer themselves voluntarily. When a buyer asks for closing costs to be paid by the seller, this is where the money can go, for example. Now, builders, as we discussed on yesterday and the day before our podcast, utilize this type of financing routinely. That's why closing on new construction is likely to have a lower interest rate, thus a lower payment. And sometimes you can buy the rate down on an adjustable rate mortgage. So an adjustable rate mortgage is already going to have a lower rate, and sometimes you can buy that rate down even lower. That's right. You can kind of mix these. Okay. Well, you're getting complicated now. I know, but still. Now, since builders subsidize lower mortgage interest rates, a buyer might have the same payment on a higher priced build home using builder financing as they would on a typical 30 -year fixed rate at the going rate on a resale home. And we talked a lot about that on previous pods. Whether it's a home builder or a resale seller who's subsidizing the rate buy down, typically the price is raised to compensate. So we're going to take a couple of examples. I'm going to do these kind of fast because you guys can get the notes. On a 3 -2 -1 buy down, the buyer has lower payments for the first three years. For each of those first three years, their interest rate then goes up by 1 % annually. The full interest rate then applies beginning the fourth year of the loan. They can, however, refinance or sell the home at any time. Now a 2 -1 buy down, the discount is applied for the first two years, providing a 2 % lower interest rate for the first year, then a 1 % rate discount for the second year, and then the third year it adjusts to the actual rate. Now the buyer on their own behalf or the seller or even the builder pays the lender for the subsidy and it is paid at closing. Now buyers can qualify easier with lower rates and enjoy lower payments for the first couple to few years of the loan, if it's a two -year buy down or a three -year buy down. This makes sense especially for buyers who expect their incomes to rise or add a spouse's income in the next few years. I remember we closed some of these with doctor clients. When they were still in medical school. When they were still in medical school. Now some of you guys would shoot that out, oh it's a 3 -2 -1 buy down, I've never heard of that, that must be risky. Well in fact it's a pretty kick -ass borrower that's going to make more and more money and it's the right product for them. Jules, we've had coaching clients that make a fortune off working with doctors that are in residency who know, and they're special, guess what listeners, they're special programs just for doctors who are in residency that a lot of the lenders offer, especially the local banks that you don't know about because you haven't asked yet, where it's exactly what Jules and I just said. They will be able to get loans with basically no money down. Even with tons of student loan debt, right? But why? Because remember we usually talk about risk management with lenders in kind of a yucky light that they're making it harder. In this case they actually believe more because they're doctors, they know their income is going to go up, they know they're going to pay off their student loans and they probably have really killer credit. So here's a case where the agent perception might be completely different than the lender perception and they're actually shooting down a really great qualified buyer just because of the type of loan they have. Well, the agent's perception, not to the lender, but the agent's perception versus say for loan product. Exactly. I said that wrong. You're right. No problem. Okay, so let's do the math. Here's some examples of how a buy down mortgage can work. Say you're borrowing 250 ,000 with a 30 year fixed rate at six and three quarters. You can choose between a two one buy down or a three two one buy down, but here's how the payments would be on a two one buy down. Okay. Year one. And this is, this is as of two days ago. As of two days ago. Let's, let's say that the going rate is just under seven because we're all expecting to land somewhere around there. Okay, so the going rate 30 year fixed, you would have closed at six and three quarters, but remember on a two one buy down, you have two points lower starting on the first year. So again, the, uh, you're borrowing $250 ,000 down year one. The payment is $1 ,304 because you're only at, guess what, a 4 .75 % interest rate. Year two, it goes to $1 ,459. That's at five and three quarters. And then year three is $1 ,622 at the full six and three quarters interest rate. If rates were to all of a sudden plummet that you can refinance out of this as well too. Then do it and fix the rate. But just make sure, listen, there's no prepayment penalty. Those are super rare, but write that down. Never forget. Make sure there's no prepayment penalty. That's right. Now the buy down fee, what did it cost the borrower of this $250 ,000, okay? What did it cost them to make their payments lower for year one and year two? The buy down fee for this loan would be $5 ,759. Now if you did the three to one buy down, your loan would, I'm sorry, your payment would start even lower at $1 ,158 because you're only at three and three quarters. Then the next year, $1 ,304, $1 ,459, and then $1 ,622 when it goes to the full amount, right? So here's the thing, meanwhile the buy down for that one increases on the, when you do a three to one, now it's $11 ,000. So if a buyer is considering a buy down, they should look beyond the initial low payment period to determine whether the costs involved in the near term are actually worth the savings, right? Depends on what's important to them. So let's, we don't, I mean this doesn't necessarily, all the numbers don't translate very well to a podcast, but here's the big takeaway. Let's say for example you're dealing with a home seller that's sitting on a mountain of equity in their home as most sellers are. And let's say they're real skittish about the interest rate on whatever they want to buy. Let's say they want to go from their $400 ,000 house that they owe $200 ,000 on and they want to buy something for $1 .2 million but they're just, can't wrap their mind around the interest rate. They have a lot of equity, they can buy that interest rate down, they can get that payment to exactly where they want it to be. Maybe that was an extreme example, $400 ,000 to $1 .2 million, but you guys get the point. But they're doing it voluntarily. You don't have, you know, we think of this as builders do this all the time. Any borrower can do this on almost any type of loan. Now note to self, not all types of loans or types of homes can be using a buy down. FHA and USDA loans have additional requirements and you should always monitor for prepayment penalties as you said. So what if a buyer wants to lock in a lower rate for a longer period of time? We were just talking about the buy down, which is usually a 2 -1 or a 3 -2 -1. What if they want a longer period of a better interest rate? A buyer can choose to pay the lender upfront, which is at closing, for what's called discount points. So this is a little bit different. What is a discount point? They are prepaid interest that the borrower can purchase to lower their rate on subsequent monthly payments. They are a one -time fee paid upfront during either a normal purchase or later you can do this on a refinance as well. Each discount point costs 1 % of the total loan amount, not the purchase price, the loan amount, and lowers the loan's interest rate by one -eighth to one -quarter of a percent. It's not one -to -one like some people think. It's, you know, 1 % of the loan amount, one -eighth to one -quarter percent lower. Check with individual lenders about their rules and requirements because it's not all the same lender to lender. Now, discount points do not have to be paid out of the buyer's pocket, though they can be. The buyer can ask the seller to pay for discount points or the builder in a new construction purchase. Sometimes the seller will raise the purchase price to make up for their contribution. The house still has to appraise for the higher amount. Builders who subsidize loans usually already have that baked into the price, so you don't even have to negotiate that part mostly with new construction. Discount points make more sense if a buyer is going to keep the house for a longer period of time and less sense if they're going to potentially sell in a shorter period of time. If it's a shorter period of time, you would have done the buy -down instead because maybe you're going to sell in three years. If you're worried about the appraisal, which you should be, you're going to want to then maybe ask for a full asking price, assuming it's priced correctly, and then ask for the seller to contribute to the buyer's buy -down points or closing costs and the rest of it, too. So keep that in mind. By the way, if you're a listing agent sitting on a house that hasn't sold and you're thinking about a price reduction of $20 ,000, maybe instead you do $10 ,000 towards a buyer's buy -down or discount points and you sell it instantly because you just gave the buyer that money. Or offering to pay their property taxes for a year, or offering to pay their HOA fees for a year, offering to pay all kinds of things. There's a lot of ways to avoid the uncomfortable, Mr. Seller, it's time for us to discuss repositioning your house on the market to correctly reflect the buyer's expectation. Never say lower the price, that's a surefire way to get fired. But even that conversation, even with our fancy script, is still going to raise the cackles of most sellers. So it might be a smart idea for you then to not necessarily go after the price, but offer more incentives to the buyer and the buyer's agent to sell your house over another one. People no matter, and this is true, this has actually surprised me, no matter what the cost of the whatever is, people are very payment shoppy, really. At the end of the day, people are payment shoppers more than price shoppers. That's how people think, right or wrong, judge it or not, so there it is. That's right. And by the way, we've done entire podcasts about 12 ways to sell your house that you're listing that's not selling, this is one of them, is contributing to the buyer's loan. Okay, so buying discount points can reduce their rate and lock it in for the life of the loan. That makes it better than a buy down, but again, it matters how long you plan on being in the house. Well, it's because the same amount of money, if you're doing a discount point, will buy the rate down more if you're just doing your previous option, right? So for this, you could actually spend a little bit less money and do a 2 -1 buy down or whatever, maybe it's a 3 -1 or a 4 -1, who knows, but versus an actual discount points, Julie gave you an example, the discount point might only buy, buying a discount point down might cost the same as doing a 2 -1 or a 3 -1 arm, but you're only putting, you know, you're only getting a quarter point off. Exactly. So it's a lot less or an eighth of a point. Yeah, but you know, a really great lender can do a side -by -side comparison and give you your options, right? Okay, so buying discount points can get it locked in for the life of the loan. It is not the same as an adjustable rate mortgage, we're going to talk about that next. The adjustable rate mortgage is locked in for a limited time period, commonly 5, 7 or sometimes 10 years, and then adjusts to a variable rate. I know this stuff is confusing, I'm not expecting you guys to become loan officers unless you already are one. Now let's define what the word variable rate means. Variable rate usually means in the mortgage that after 10 years, it's going to adjust to whatever the market, the prevailing market rate is, and it might be like, and they're going to write in the mortgage exactly how they're going to figure out what the, essentially what it's tied to. What it's tied to, exactly. We'll get into a little, not too many weeds, but a little bit. Okay, so adjustable rate mortgages, these are called ARMS, okay? They have features of both fixed and adjustable mortgages. It's fixed for the first 5, 7 or 10 years, and then the rest of the loan becomes adjustable. But remember, again, you can always refinance or sell the home at any time. That's, but so again, adjustable meaning that it's going to adjust after the initial ARMS. After the initial fixed part of the loan. Exactly. Then it's going to adjust where the prevailing rate is. That's right, so. So it's not like you're going to wake up every day and like be playing mortgage interest rate roulette. Exactly. No, you'll know what's going on. Okay, now, for example, in a 5 -1 adjustable rate mortgage, the rate is fixed at a lower rate than the 30 -year, but it's fixed for only five years. In a 7 -1 ARM, you have a lower rate for seven years, and then the rate adjusts. It then adjusts every year starting the sixth year based on the performance of a benchmark rate. There are usually caps to how far it can adjust during any period. So for example, if your adjustable rate, you closed at 5 -3 quarters when the 30 -year maybe was seven, and you have that fixed for those five years, the sixth year, you're not going to wake up and it's going to be five points higher. Most of these, I've read a lot of these, most of these will have a cap of two, you know, two percent higher or three percent higher, somewhere in there. They also have a low -end cap where, because it can actually adjust lower. Nobody ever thinks about that, do they? Okay, so did you know that if a buyer pays their own discount points, it can also be tax -deductible? The IRS actually considers discount points to be prepaid mortgage interest, because that's what it is, and as such, they are generally tax -deductible over the life of the loan. If they had the home purchase meet certain conditions, they can be fully deductible for the year that it was paid as well. Little known fact. Okay, so discount points can sometimes be negotiated with the lender to actually get more discount for less cash up front. If the borrower, for example, has especially high credit, a great job history, strong ratios, and a good down payment, they're in a great position to negotiate. It's also advantageous to shop these programs with different lenders since they do have some wiggle room, different lender overlays, and special offers. Now here's something, some of these things I know make you guys nervous, because I hear about too many people shooting it down, but here's a fact. Lenders actually like to receive discount point money because it's cash up front versus receiving that money over a time via the interest rate. This might seem like an unusual conversation given the years and years of three and a half percent mortgages, but it's actually quite common practice. You just have to know about it. Knowledge equals confidence, ignorance equals fear. So homework for you is to actually sit down, maybe take your favorite lenders out to coffee. Take two or three of them out, loan originators. They take you out. They should take you out. That's true. Good point. Good point. Unless you have Starbucks cards laying around. Okay. So yes, have them take you to coffee. Ask them to explain how their buy downs, discount points, and adjustable rate mortgages work. Remember yesterday's, or a couple days ago, podcast about first responders. Do they have any special first responder loans? Do they have special deals for teachers, policemen, firemen, doctors, okay? You don't have to know everything about this, but you should be fluent in what's available to your buyers. The more you know, the more deals you can do because you'll be talking about all this stuff and you want to say, you know, the really the impetus for this podcast is how to overcome the buyer's objection. I don't want to pay high rates. I'm out of the market for awhile. By educating your buyers about options, you might re -motivate them to get back in the saddle. Exactly. And again, how many of your buyers are actually, you know, also sellers, people that have houses to sell. This is how we fix the inventory problem in the United States. We just finished a two day series on new construction. We've done lots of podcasts and lots of training in premier coaching about new construction. Well the next leg of that learning is going to learn how to basically help people with different mortgage scenarios. How many of you right now, after listening to this podcast, are feeling a little overwhelmed? I'm going to guess a lot of you. That's okay. Allow yourself to feel overwhelmed. There's I think it's Maslow's levels of mastery or learning, right? Julie's looking at me because she's trying to see if I'm going to get this right. I'm probably not. Maslow's hierarchy or something. No, no, no. The levels of mastery. Oh, levels of mastery. Yes. Was it Maslow? Anyway. Don't make me look stuff up while I'm talking. Right. The first one is unconscious. Incompetence. Incompetence. The next one is conscious incompetence and it's. Conscious incompetence then unconscious competence. I know they all sound the same, but basically you're moving from not knowing what you don't know. In other words, you're walking around. Blissfully ignorant. A cloud blissful of ignorance and you're, oh my gosh, the market's so tough. There's no inventory. None of my buyers are qualified. That is your first level and what we're trying to do, especially on today's podcast, is shock you out of that first level because we want you to embrace the fact that once you are willing to say, oh my gosh, there's so much I don't know, move quickly to that next phase where you're consciously incompetent. When you're consciously incompetent, that's when you're going to be a sponge for new information but that's where the magic happens. And that's why most of you join coaching. When you have that aha moment and you say, gosh, instead of waiting for the market to magically rain listings on me and turn around and make all my buyers qualify and be enthusiastic about everything all the time, maybe I've got to find out some more tools for my toolkit so that I can be more of a problem solver and help more people. Your advantage in this marketplace does not come from buying buyer leads or from essentially doing a bunch of things that are passive lead generation. Your advantage in this marketplace comes from your willingness and your eagerness and your enthusiasm to help people. And the only way you're going to be able to help people is if you earn the right to help them and earn the right is not paying referral fees, earn the right to help them from the knowledge that you have, from the skill set that you can pass along and your quest to be of service to them. That is where you're going to find an unlimited amount of opportunity. You have to lock in to the fact that your highest and truest purpose in this plan is to be of service to other people. The way, only just to repeat what I just said, that you're going to allow, the only way the market's going to give you the opportunity to help a bunch of folks is if you have the knowledge that they need in a marketplace like this. Do you guys see the advantage you could have with understanding just the surface level of what Julie and I just presented to you? Do you see how that's going to make you more confident, be willing to have more conversations because you can help more people? Is this the way you want to go in your career? Of course it is, especially since all of you guys are the smartest, brightest, best looking real estate agents on planet earth. Otherwise you wouldn't be listening to this podcast. So guys, thank you for keeping this the number one listen to daily podcast for real estate professionals in at least the United States. As always, it is our truest honor and our pleasure to be of service to all of you. So if there's ever anything that we can do for you or if you have any show ideas, because all the podcasts in the past like 10 days have come from people messaging us with questions and I'll encourage you to do the same. You can message Julie and I over on Instagram at Tim and Julie or you can also text me directly. This is my real cell phone number but text don't call because I won't answer 512 -758 -0206. Let us know what you want us to drill down on and we will of course do it and we will do our best to keep you guys on the forefront of what is working in this marketplace so you can be of service to more people and then everything that you want in life, business and personal, will certainly follow. You guys have a fantastic day. We'll talk to you on the show tomorrow.
WTOP
"two days" Discussed on WTOP
"Are in two days. CBS's Meg Oliver is in Mount Pelier where they're closely watching Officials a dam. are warning people that if they live in areas near the rivers, near the dam, to go to higher ground make sure they're on at least the second floor of their home and keep in mind this would be the first time this dam overflows since it's been built. So there's no precedent on how much damage this could actually cause. They are watching this very closely. In the southwest a very different weather story. CBS's Omar Villafranca reports from Phoenix. After 11 straight days of temperatures of at least 110 degrees, people in Phoenix are trying anything they can to cool down. Some bus stops, even businesses, use these water misters which can cool the air degrees. Temps in Phoenix could hit 120 by the weekend. We go overseas now where President Biden is set to meet with Ukrainian President Zelensky on the sidelines of the NATO summit in Lithuania. Meantime the UK is working to get G7 countries to ratify a long -term security agreement with Ukraine. Here's BBC reporter Katya Adler. The G7 wants to provide more defence equipment and training exercises for Ukraine's military to accelerate intelligence sharing and bolster support for Ukrainian cyber defences. Downing Street says the agreement sends a strong signal to Vladimir Putin. It's also designed to alleviate deep frustration in Kiev that NATO failed during its summit to agree a clear path towards Ukraine joining the military alliance as a member. North Korea has fired a long -range ballistic missile reporter Alex Jensen is in Seoul. Having just this week accused the US of spy plane activities in nearby waters, was this North Korea's first ballistic missile test since June 15 and its first long range variety since April. The North's believed to have been focusing on preparing to launch its first spy satellite following a failed rocket launch in May. Ticketmasters dealing with more bubbles over Taylor Swift tickets. This time it was for ticket sales for two cities in France that had to be stopped because of glitches. People couldn't log on to the website with their passwords. At one point more than 700 ,000 fans were in the queue waiting to get tickets. These shows aren't even until May and June of next year.
Bloomberg Radio New York
"two days" Discussed on Bloomberg Radio New York
"A look at the markets this morning. Asian shares are trading higher at the start of the week, the dollar declines two tenths of 1% on the bug dollar spot index European stock futures are up by half of 1%. Remember though that the U.S. is closed for the Martin Luther King day holiday this Monday, JGBs are trading right now below half a percent under pressure we get a decision from the bank of Japan on policy on Wednesday, plus in terms of earnings to come Goldman Sachs Morgan Stanley, those are the ones to watch this week, as Goldman Sachs says prepare for a hard landing for stocks just in case those are the markets. Our top stories this morning, the UK and European Union are closing in on a deal to end their long running dispute over post Brexit trade in Northern Ireland. The two sides are understood to be close to an agreement on customs with a high level coal due later today, labor leader Kirsten pledged his support for any deal, but says the braggs of treaty has hurt people's finances. I don't think the deal that the government has brought in is a very good deal. And I think it's doing damage to our economy. And so of course, we will need to repair that. But no, going back into the EU, there's no good back into the single market. But I do think there's a case for a closer trading relationship with Europe. Here's time where they are speaking to the BBC It's hoped that an agreement would help to thaw the frosty relationship that Britain has had with the EU since Brexit. Now, Japan's benchmark bond yield has risen above the Central Bank ceiling for a second day, the upward pressure is driven by speculation that the BOJ will abandon its yield curve control policy as soon as this week, the mounting bets have led the Central Bank to once again ramp up debt purchases to defend its cap, the BOJ now owns the majority of Japanese government bonds. Some of the world's biggest names and finance business and politics are gathering in Davos for the annual World Economic Forum, the theme of this year's meeting is cooperation in a fragmented world, but rock creek CEO affairs says there are big questions over what can be achieved at the gathering. What is different is that sort of spirit of cooperation that it is supposed to bring about is under question, right? It's hard to have conversations around difficult subjects when some people are not going to be around the table. That comments from the CEO of rock creek reflects the fact that although more than a hundred billionaires are registered to attend this year's event non are from Russia or China. Well, China is sudden reopening is expected to provide a big boost to the global economy, Bloomberg's Brian Curtis has more on that now from Hong Kong. Growth will be fell through services like aviation, tourism and education. Chinese people are packing their bags and heading out. That's likely to be very good for countries in Southeast Asia. They'll see the first wave, but this will also be good for developed economies. Yes, China's reboot will be a little rocky as COVID cases have spread. But the reopening is likely to be a gift that keeps on giving. The IMF said it's the single most important factor for global growth in 2023. In Hong Kong, Brian Curtis, Bloomberg, daybreak, Europe. And now Deutsche Bank says
Bloomberg Radio New York
"two days" Discussed on Bloomberg Radio New York
"Sox are heading toward their worst two day route since June tech shares are underperforming as bond yields climb the ten year at rate hit 3%. It's above that at this point, the dollar is on the rise as well. Move away from risky assets is spurring further unraveling of the recent name stock frenzies sending shares like Bed Bath & Beyond and GameStop lower as well. We check the markets for you every 15 minutes during the trading day on Bloomberg and the S&P is down 70 points or one in two thirds percent the Dow down 463 or 1.4%, the NASDAQ is down 263 points. That is a drop of 2.1%, ten year treasuries down 1430 seconds, the yield now 3.02% yield on the two year 3.32, nymex crude is down 8 tenths percent or 77 cents $90 even for a barrel of West Texas intermediate. Comic gold's down 8 tenths percent or 1440 at 1748 50 announced, the Euro at 0.9934 against the dollar its lowest level this year, the yen at one 37.62. How much would it take for you to change jobs? According to the New York fed's latest labor market survey, the average reservation wage or lowest pay level Americans would be willing to accept for a new job is $72,873, that's up 5.7% from a year ago, but it's actually down slightly from the last time the New York fed asked about it in March. I'm just here for the snacks. Bloomberg markets continues with Paul Sweeney is a pretty Gupta still there, Paul. 3D is here. Oh, hello. Yeah, pretty sure. I'm here We've got a guest in our studio, which we don't get very often from Washington, D.C., and Washington correspondent for Bloomberg television, solar, wandering around, and I
Bloomberg Radio New York
"two days" Discussed on Bloomberg Radio New York
"On Wall Street and we check the markets every 15 minutes during the trading day on Bloomberg Right now S&P futures are up 16 points down futures up 98 NASDAQ futures higher by 80 points The ten year treasury is up 1430 seconds the yield 3.30% yield on the two year 3.29% nymex crude trading at a $121 76 cents a barrel John Yeah the S&P 500 finished yesterday's trading more than 20% below its last record close entering a bear market and ending a two year bull run defiance ECM's chief investment officer Sylvia jablonski tells us she expects more uncertainty moving forward Inflation has been hot for quite some time It's going to remain hot for quite some time So until that eases up we're probably going to have this volatility with us Chief defiance ETF CIO Sylvia jablonski says inflation headwinds have gotten worse since Friday's CPI reading Well this quarter John is set to deliver the biggest combined loss for global bonds and stocks on record The question for investors now is whether the Federal Reserve and other central banks tip their economies into recession to curb inflation Central banks get further insight on prices today with the latest reading on May producer prices that data is due out at 8 30 a.m. Wall Street time And also today the fed begins its two day policy meeting and officials may consider a more hawkish interest rate increase than originally planned Bloomberg's Michael McKee gives us a preview Surprisingly strong pickups in consumer prices and inflation expectations now look likely to spur the biggest interest rate increase Since 1994 that officials had coalesced around a 50 basis point hike going into their two day meeting which begins this morning But a big rise in the May consumer price index coupled with two surveys showing higher inflation becoming embedded in consumer expectations pushed investors to increase bets on a 75 basis point increase Those bets hardened following media reports Monday the central bankers would consider the larger move Economists at major Wall Street firms were quick to change their calls Goldman and JPMorgan Chase joined Barclays and Jeffries in forecasting a three quarters point move The fed decision will be announced at 2 p.m. Wall Street time on Wednesday Michael McKee Bloomberg daybreak All right thanks Mike And join us for live coverage of that fed decision on a.
WMAL 630AM
"two days" Discussed on WMAL 630AM
"Facing a second day of congressional questioning over Afghanistan. Blinken did himself no favors deciding not to show up in person. Can you tell us where you are today? Yes, I'm at the State Department couldn't couldn't be bothered to come down here and see Congress. Alright, That's great now when it came to accountability for the administration's failures in planning And execution, Blinken reverted to a familiar playbook, blaming the previous administration. We inherited a deadline. We did not inherit a plan. Blinken also is still unable to put exact numbers on remaining Americans, Green card holders and as I ve applicants left behind box news, Griff Jenkins think it can't happen to you. The Naval Academy is fired an assistant football coach Billy Ray, stuntman. Accurately refused to get a covid shot as mandated by the academy stuntman applied for a religious exemption and was denied. Head coach Can Nia Martin Blow loads calls it a big loss. Wonderful, young man. Getting great, bright future in this profession. Smart. Good recruiter, and he's going to do great things in this profession. Stuntmen had been kept away from the team working remotely as his case was being worked out Checking your money. The Dow futures are up eight points. The NASDAQ futures down three and sports sponsored by lows, the Nationals break up a no hitter bid but still fall to the Marlins. Three Nothing on Monday night Football. The Ravens blow an early lead, They fallen over time to the Raiders quarterback Ryan Fitzpatrick goes on injured reserve for 6 to 8 Weeks Does he recovers from hip injury up next traffic.
WCPT 820
"two days" Discussed on WCPT 820
"In two days, or Barnes and Noble store, But Amazon said people tell me that they ordered Amazon. It's got like 255 star reviews. I know I'm bragging. Forgive me. I'm fine. I'm so pleased that people like you know, because again, it People will identify with the setbacks as a comedian, especially with what they setbacks and like, but I still kept getting back up. I was knocked down physically in my life as well as rejected in show business many times, but I kept getting back up. So the title is still standing because a stand up comedian 51 years now and I've been knocked down and I kept getting back up again, You know, so I think people will. It's a triumphant book, and I think that they'll enjoy and funny and poignant stuff, you know. It's your great storyteller, and you've had an incredible life and we look forward forward more stories and more less with you, My friend have a wonderful trip to Chicago. Be safe, and we look forward to talking to you again. Thanks, Patty. One day I'd like to come in studio. Absolutely. Yeah. Well, if you here for three weeks, yeah. You know, we can always such base and would love to have you Okay. You know how to get ahold of me. Thanks. Appreciate it. Of course. My pleasure will talk to you again soon. Okay. Take care. You too. That's Tommy dress is going to be at the comedy shrine this weekend at the Fox Valley Mall. And it's a really cool comedy club. And you can, you know, go dual shop and grab some food at the food court. And they've got a great bar there too. By the way, not for nothing more in a moment on driving home with Patti Vasquez U T s are the worst. I've been there One year I had eight U T s If you get your t s, then you understand help. Awful. The cycle can be. I was taking all the precautions and cranberry products. They just never worked for me. I was desperate for a way to be proactive. It was hard on me and on my husband..
TalkRadio 630 KHOW
"two days" Discussed on TalkRadio 630 KHOW
"Offering the opportunity to join our trading sessions for two days. Absolutely free and see and hear exactly what we do and see if this opportunity is right for you. 8886468787. I'm here with Michael. And I think today you wanted to get into a little more detail on how exactly our system works. What we do is called short term trading. Now, first of all, when we talk about trading, I don't want anyone to get scared off or intimidated. We've designed this program at 1/5 grade level for the average person. I didn't know anything about trading when I first started, and most of our members didn't either. What we do is trade one product on the S and P. 500. It's called an ead many future. This is very different than other trading programs. Most trading programs are very complicated and trade all sorts of different products. Some other programs I've investigated. I I felt like I needed a degree in economics. Stephen understand what's going on? This is not like that. This is simple. It's one product. We trade the many future in both directions, So we make money. Whether the market is going up or down. We capitalize on all types of market conditions. And our program is designed to help protect your capital and minimize your risk. What we do is called short term trading. So it's different than long term investing. We get into a trade and we normally get out the same day.
Pop Culture Cosmos
"two days" Discussed on Pop Culture Cosmos
"You've got a review of falcon and the winter episode to coming up and so much more. Marcus will unfortunately will not be here next week. Something about an anniversary. I don't know what he meant by that. But you know Go ahead we'll give him the week off. I'm looking forward to talking to josh. And hopefully jamie monroy of game source. It'll be a game sorts. Pop culture cosmos. Crossover once again. So we're looking forward to that next week. Maybe on monday. Maybe on friday as well. So we're looking forward to that. But before and out my friend i wanted to go ahead and hit you this part one of our preview for wrestlemainia coming up. I know i have a lot of good conversations on the way on various facets of pro wrestling and the w. e. but first off. I wanted to go ahead and talk with you about wrestlemainia itself. It's coming up. In april coming up as a two day event similar to they did last year because of issues going on with the pandemic and all that i thought that was a brilliant move by the wwe one of the few things. I definitely on percent buying and agree with with wbz. 'cause i don't do that a lot haven't done that a lot. In twenty years one hundred percent agree with anything but it's been since nineteen ninety eight that get into two thousand three that i think i actually actually the day before stone. Cold steve austin turned heel. But anyways i wanna go ahead and talk about wrestlemainia today event. It is a two day event again this year tampa stadium. They're going to have two days only got a car lineup. As far as great matches. And i don't want to go in the matches just yet because it is subject to change in evernote with corona virus. But i want to ask you this. Wrestlemanias to day event the upcoming dallas and i think los angeles wrestlemanias in the next two years are still scheduled as this time as a one day event..
Pop Culture Cosmos
"two days" Discussed on Pop Culture Cosmos
"Of videogame magazine to live lou. I think gaming magazines there was a really big time in the industry. Run gaming magazines. Were were a core part of it where it's where you got. Your news is regarded reviews. It's got it's where you got your information on what happened at e three. You know it was a staple in the industry for very long time and as a website started to pop up in news online became more accessible in that kind of hurt the magazine industry to a degree where it almost put out of out of print and i think now that that the web is getting so big people are getting their information online so much in this because on seo and into a degree click bait. People are almost missing the the the feel of just being able to sit down with a magazine while you're on the couch watching t. family flipping through and reading the stories of just genuine stories. That aren't are filled with any advertisements or seo. Focus or anything like that is just genuine stories about video games and of course. No one's gonna come to a magazine in twenty twenty one winning gaming news. They're going to go to their favorite website for that. But i still think there's a core aspect of the game magazines sets missing from the gaming industry with a storytelling and of No fun creative. Art design just stuff that the internet can't do that. I think people miss. And i think that's that's easily shown by the hundred backers. We have on our kickstarter campaign and there's tons of other great small publications out there that have have really good following in their switch flare magazine that focuses on switch. There's the guy from lock on. There's ninty fresh freshness tons of small magazines that have a really dedicated audience. I think that just shows that people really miss the game magazines. Today they miss the Just the feel of what to sit down with something in their hands. Flip through it like you said you need to go to the bookstore. Ucse see tons of magazines there. Now you see is a men's health in science magazine list. If you don't see anything gaming rated then and i think people really dismissed that. I know when i go to the bookstore. I will look every now and then just to see if they news popped up and the last ten years. Let me tell you there hasn't been anything that's popped up now. I mean besa best. Maybe some gamers guides. But right yeah. That's something that again is sorely missed in our game our society and that is true. Gamers magazine lock on again. There guys were here last week and said great things in a hopefully people back that project. But i also want people to back your project because from what i've seen The potential is outstanding. But before you head on out my friend it's time for you to do the hard sell you do. The hard sell andrew smith on. What's going on with from gamers magazine. Why people need to go ahead and back. This truly awesome project will let me tell you. We're down to the final days of our kickstarter campaign at the time of recording. I.
Pop Culture Cosmos
"two days" Discussed on Pop Culture Cosmos
"Wanna help make this reality. They wanna make free you the gaming fans out there a true reality for this. As far as the great magazine that could come to print but they can only do it with your help on kickstarter so please look out on kickstarter from gamers magazine. You gotta go check it out and the man behind. It is a man who has a great deal of experience in the realm of video. Games gamespot He's got a cornucopia he's got a resume that goes almost like the credits of a video game itself do what he has got the experience and know how to make this happen and to make this something get gamers do wanna really get into. It is andrew smith and andrew. Thank you so much for being part of the program today. Absolutely i appreciate you have in me. I'll tell you what it's an ambitious goal for anyone to go ahead and put something on kickstarter. I've spoken to several individuals who've done in the past. This is no small undertaking people. Who's out there. Who are looking to back. A solid project. Need to go ahead. Look into this. But the first question i have for you is my co host on monday show. Josh peterson had a long interview with someone. Also looking to do a gamer. Centric type magazine called lock on and in doing so. They really got into depth it. But as i was editing and producing putting out i thought to myself and i got a hold. You speaking right around that same. Time is okay. This is truly ambitious and in the world and state we are in twenty twenty one with the whole internet as far as being able to access anything that you can and you yourself has an awesome sight you that people have to check out guy. Full dot com. You already have an awesome site on the internet..
Pop Culture Cosmos
"two days" Discussed on Pop Culture Cosmos
"Tell me your thoughts on this being a smart move because they're unsure on how this will play out to audiences. Yeah man. This was really interesting to me that we're doing this with it. I really perceived this movie as being a theatrical release because pixar has done such big movies in the past. I honestly didn't see this going for free on disney plus june eighteenth. But i'm okay with dude. This is a great way to extend the the wealth of the family. Right you know. We've we've been charging people are premium on some of these other movies. I think this is a goodwill gesture by disney at this point to make sure that their fan base has happy and we know that pixar knocks it out the park every time with all almost every time with the film right. It's been a while since they've had a pretty big mess. But i'm looking forward to this man. It's it's going to be a great thing. I'm not upset about being gone for free on disney plus think there's a lot of people in the industry that are worried about it and you kind of let us end with that question there. This is a great thing. gerald. And i think we're gearing up to see a bigger push towards day and date and then possibly even disney plus mirroring that. Hbo max presence and saying you know we're not going to charge you anything extra here. Just have some content. let's just go. let's keep this rolling. And if i was disney plus you. I'm going to try and keep their momentum. Rolling is as much as they can because as you guys talked about on monday. Falcon and winter soldier crushed and and it is the highest rated premiere of all time on disney plus beating the mandalorian beating soul beating. Wanda vision is the highest premier all types. That's that's great news for disney. Yeah and and so. Let's just keep that goodwill going. We'll we'll give you free. Titles here and there. Hey i think it's a great strategy. I think i actually. I don't think. I know i was the one that said that one division would have the bigger premier here and you made me eat my words. I mean just because falcon. Winter soldier came out second. So everybody's now expecting something in regards the marvels accurate plus it's more of a traditional. Mcu style movie. Which again. I think people were more comfortable with but you know people grew to love one division. It crashed disney plus not once but a crash disney plus twice. So i'm expecting that kind of volume for falcon and the winter soldier. Well yeah i think as the keep coming out. One of the big critiques. I heard from a lot of my coworkers was. Why weren't they onscreen together. And you've got us at the stage. You've got all this time throughout the season to put in soldier together onscreen. You know it's gonna take some time but were fine. We've got time to develop the storyline. And i think marbles doing an outstanding job marvel slash disney is doing outstanding job with this one. The critiques have heard so far on falcon winter soldier. And i'm i'm not worried about it. It's going to keep plowing through and being a great. Ip for them you. And i and josh have enjoyed what we've seen so far from falcon winter soldier. So i'm continuing to like what i see. I'm hoping that this episode number two as you hear this on podcast outlets radio stations. I've already dropped. We will be going.
WTOP
"two days" Discussed on WTOP
"The two day hearing will include garlands, testimony and a second day for outside witnesses to testify. The committee's chair, Democratic Senator Dick Durbin of Illinois, says Garland's confirmation is said to be crucial in the wake of that attack on the Capitol. Garland is a federal appeals court judge who in 2016 was snubbed by a republic. Con's for a seat on the U. S Supreme Court. He was nominated by President Obama, but never got a hearing. For the first time during the entire pandemic. The CDC will host a nationwide forum for national state, local and tribal medical people on the safest and most effective ways to vaccinate millions of Americans. NBC News reports It's Abide Administration effort to re empower scientific agencies sidelined under the previous team. Syriza town halls and other sessions set for February. 22nd through the 24th will be led by the CDC is new director and White House covert 19 advisers as well as FEMA eating indoors and Montgomery County restaurants will be allowed again starting Sunday, which is Valentine's Day. But there will be restrictions starting February 14th Montgomery County restaurants can offer indoor dining, but they will be limited to 25% capacity, and diners will be required to leave after 90 minutes. That's according to the executive order that was approved 72 by the county Council Council member will Jawando was a no vote. I cannot support this executive order. I just I don't it flies in the face of public health Guidance Council member Craig Rice also voted no but council vice president gave Albornoz explained why he voted yes, citing a drop in covert 19 case rates, the numbers are being driven down and driven down significantly. I understand the concerns. I understand the objections. But for those reasons, I am supporting this measure right now. Kate Brian W. T. O P New is a couple of minutes. We've got more news out of Montgomery County in terms of bringing students back to physical classrooms. First, though, we've got snow in the forecast. We'll take a look at that. And just about three minutes at Maximus, we make complicated government programs simple..
WJR 760
"two days" Discussed on WJR 760
"We are just two days away from kickoff in Super Bowl 55 boxes. Matt Napolitano has a preview of Sunday's big game. While most of the week leading up to Super Bowl 55 has been about the quarterbacks, the Kansas City Chiefs in Tampa Bay Buccaneers both carry stalwart defense is that have restricted some of the league's best in route to a shot of the Lombardi Trophy. The chief secondary led by safety Tyrone Matthew, these games aren't always promised. But I think we're grateful. You know, we're fortunate to be able to be back in this position. The Buccaneers highlighted by their front seven, featuring linebacker Levante, David was able to weather the storm. Uh, seen all the good seeing all the bad and now here, man taking this on there Right now. The Bucks looking for their second Super Bowl, winning as many appearances, the chief's trying to get the three in one all time in the big game. Matt Napolitano, Fox News. Local frontline worker is going to the Super Bowl as a guest of the NFL doctor, Robert Fosters a surgical resident. Ascension ST John Absolutely my first Super Bowl, and I never thought I'd be going to any Super Bowl, let alone one in Tampa with the Bucks plan Dr Foster telling Paul W. Smith. He'll leave for the game right after his shift today, he says, it's gonna be a jam packed day. On Sunday, There is a concert that pregame Miley Cyrus is headlining if they think the public the tic tac tailgate S so it'll be Miley Cyrus and some other celebrities and I say some some athletes coming to that. That'll be a couple hours before the game, and then we go in, and we watched the pre game for months. And we have they're giving us white masks so that they can identify who the health care people are throughout the game. Dr. Foster spent the last year helping to treat patients with covert 19 at Ascension. ST John. At this hour. Detroit Firefighters continue to battle a big fire on the city's West side. It's on at a building on Grand River and West Grand Boulevard. And, of course, the frigid sub zero temperatures are making the firefighting very difficult for them today. This has the road closed. As you hear Dana telling us earlier. We're looking at Grand River again at West Grand Boulevard. We're being asked to avoid that area. January jobs report is out. Fox is lonely and we're taking a look at the numbers. Economy did add jobs in January, but it was a lukewarm number 50,000 fewer than expected. This comes after we lost jobs in December. Ah lot more than first reported the revision. 227,000 positions lost. Versus 140,000, The hard hit leisure and hospitality sector continues to bleed jobs last month, losing 61,000 after a steep decline of more than half a million in December. The unemployment rate for January fell sharply from 6.7% to 6.3 about half of that, because some found work, but others had just stopped looking. Really and Wu Fox News. The Senate passed a budget resolution early today a key procedural step that sets up the ability for the Democrats to pass President Biden sweeping covert 19 relief package without the threat of a filibuster from the Republicans who oppose it. John Mates who founded Parlor Social Media APP that's become increasingly popular among supporters of former President Trump during the 2020 presidential election, announced that he was fired by the board. From his post as chief executive officer Parlor was dropped from Apple and Google stores and taken down from Amazon Web services after the storming of the U. S Capitol. WJR news time 11 03 As we take a look at Wall Street this hour, the Dow continues to track and an upward trend. The Dow is up 135. The NASDAQ is up 42 for WJR News. I'm Marie Osborne will have more with Frank. In a moment, whether it's 15 terrifying.
WBAP 820AM
"two days" Discussed on WBAP 820AM
"They need to drive to the conditions under present, which means slow down and give themselves plenty of space between them in the vehicle ahead of them, Open says they have all hands on deck. They have crews working around the clock to make sure the bridges, overpasses and roads. Are prepped and ready. Was trouble in San Diego yesterday is Trump supporters faced off against black lives matter and TIFA groups boxes Sal Jian Grasso was their supporters of President Trump confronted counter protesters in San Diego on Saturday, leading police to declare the gathering and unlawful assembly because of acts of violence, police said. Officers were hit with rocks, bottles and eggs, and the crowd directed pepper spray at them. He said it dozens of officers in riot gear to separate the two groups tweeted video of counter demonstrators, most of them dressed in black and waving and antifa flag, showing them throwing a folding chair and spring a chemical irritant at a smaller group of people participating in the march on the Pacific Beach Boardwalk. Sal she address Oh Fox News. State representative Chris Turner of Grand Prairie is asking the Texas Legislature to investigate the role. He says state Attorney General Ken Paxton blade in this week's breach of the U. S. Capitol building is really two things. It is his presence in Washington is definitely part of What? What We need to look at, but also it Z the filing of the fraudulent lawsuit a few weeks ago that really helped to fan the flame accident spoke of those stop the steel rally in D. C. Ahead of the breach. Turner says the legislature could cut the attorney general's budget. Or could impeach him? North Texas lawyer who was seen on video protesting at the capital Wednesday, has been fired. What's leg based company Goose had insurance confirmed Paul Davidson attorney participating in the protests at the Capitol was no longer employed. This comes after Davis shared a video there on social media. Public officials on the balance is the way to do it. We can solve this in two days in the video, Davis.
Newsradio 970 WFLA
"two days" Discussed on Newsradio 970 WFLA
"It was a two day report of covert 19 cases for Florida coming in over 13,000 and residents over 65 are anxious to get that vaccine for the virus in Florida Singer citizens waiting in line for hours after Governor Rond de Santis expanded eligibility to those over 65 in Chattanooga, Tennessee. Traffic backed up the first day residents 75 older. Eligible for the vaccine. Kenneth Mountain, ABC News Washington Meanwhile, Hillsborough County announcing plans to vaccinate residents 65 older beginning next would be the first appointments can be books starting Monday. Also in Broward County over 4000 appointments have been made. Additional appointments will be available in the next three weeks. 26 Year old to Darius Rainey, who went missing in Sanford, Florida last week, along with his girlfriend was found dead at Lake Jess. If Park it's about eight miles Where his car was abandoned Rainey's body found in a wooded area of that park, But the search continues for his 35 year old girlfriend, Tiffany Nicole Church. Ah, Jacksonville area member of Congress promising to object to the presidential election results. Republican John Rutherford, saying he supports President Trump's claims of voter fraud. He says he will not accept your Biden as the winner of that election and the Howard Franklin Bridge. Across Tampa Bay will close next Saturday night through noon of next Sunday for construction project. Eventually, the Gateway Expressway project will connect I to 75 to US 19 with new toll roads. And NFL action in Florida's The Miami Dolphins, taking on the Buffalo Bills in Buffalo and the Tampa Bay Buccaneers play the Falcons on Fox at one o'clock with Florida's news on June night. This is a Bloomberg money minute. The Corona virus pandemic has not been nearly as hard on Americans household finances, as you might think. In fact, Bloomberg reporter Vin Scully says many you're flush with cash heading into the new year. Well, Certainly doesn't apply. All family finances are in pretty good shape. And a lot of that is a she global quality and borrowing costs such as record low mortgage rates, which have prompted a steady wave of refinancing. And then you can't leave out lawmakers and the Trump administration for pushing through some pretty shitty help for the unemployed and we're spending less. Goalie says that all those spending on merchandise is up sharply service spending his way off to sporting events. Sir, going on vacations dining out. That makes the biggest bulk of consumer response and economists say that unspent caches dry tender for spending. His vaccines begin to bring the pandemic under control in the new year. Larry Coffee, Bloomberg Radio. Some of us are intimidated by the idea of working with a portfolio manager. I mean, what is a portfolio anyway? Apparently, it's just the money.