WEBVTT
00:00:00.000 --> 00:00:01.439
I'm trying to get Malcolm on stream this week.
00:00:01.520 --> 00:00:02.080
Maybe we can do it.
00:00:02.240 --> 00:00:09.039
Every day, by the way, if we start the stream with just like pure pressure and make him nervous and like sweat and get all embarrassed, maybe he'll do it.
00:00:09.199 --> 00:00:14.800
If we start every morning with pure pressure, I think he'll do it if we start every morning with just pure, pure pressure.
00:00:14.960 --> 00:00:16.000
But market looks great.
00:00:16.160 --> 00:00:19.120
Bitcoin topped 87 yesterday, yesterday night.
00:00:19.280 --> 00:00:21.039
Um Zex 1330.
00:00:21.280 --> 00:00:23.839
Pomp looks just disgusting.
00:00:24.079 --> 00:00:25.519
The coins look nuts.
00:00:25.760 --> 00:00:29.920
Um the Catholic Church is going to war against anthropic.
00:00:30.320 --> 00:00:33.200
I hold cards on chain, which is nuts.
00:00:33.439 --> 00:00:36.000
Gaming isn't so much to talk about today.
00:00:36.159 --> 00:00:37.119
So much to get into.
00:00:42.479 --> 00:00:44.159
I want to start by talking about my cells.
00:00:44.240 --> 00:00:44.799
Should we just do it?
00:00:44.880 --> 00:00:45.759
Should I just start with it?
00:00:45.920 --> 00:00:48.079
I'm a little nervous to go through this this trade.
00:00:48.159 --> 00:00:49.119
I'm not gonna lie.
00:00:49.359 --> 00:00:52.399
On Friday, I sold my second.
00:00:52.560 --> 00:00:58.640
On Friday, I sold all of my second largest perps trade of all time.
00:00:59.200 --> 00:01:00.640
It was Zcash.
00:01:00.960 --> 00:01:07.840
I sold every dollar for plus$315,190.21.
00:01:08.400 --> 00:01:10.000
I sold the entire position.
00:01:10.239 --> 00:01:14.879
And first of all, I'm pretty proud of it, to be honest, because I did it in public.
00:01:15.280 --> 00:01:17.359
And yeah, feel free, feel free.
00:01:17.599 --> 00:01:19.359
Feel free, feel free, feel free.
00:01:19.519 --> 00:01:20.400
Yeah, yeah, yeah.
00:01:20.480 --> 00:01:20.959
Feel free.
00:01:21.040 --> 00:01:22.000
Feel free.
00:01:22.400 --> 00:01:24.719
I was pretty proud, I'm pretty proud of it.
00:01:25.200 --> 00:01:28.640
Again, it's my second largest perps trade ever.
00:01:28.719 --> 00:01:32.640
Number one was Pump Fun, which happened right before.
00:01:32.799 --> 00:01:35.439
So I I made$401,000 on Pump Fun.
00:01:35.599 --> 00:01:40.000
I closed it like a month ago, a little bit lower, probably than I should have.
00:01:40.239 --> 00:01:50.640
I took all of the profit and I shoved it into Zcash at 1035 on 2x leverage, and then I held it until Friday, where I sold all of it.
00:01:50.879 --> 00:02:05.519
And I want to talk through the whole trade because I think there's a reason that I sold, and then what I've done over the last day is I have re-entered, but I re-entered it in a way that I think is going to allow me to get to go the distance with this with this trade.
00:02:05.599 --> 00:02:07.680
And so I think there's a couple reasons I sold.
00:02:07.760 --> 00:02:20.879
The first reason that I sold is that I had been non-stop fully exposed to the market from pump pre-Bitcoin pop into the pop, into pump trading crazy, took profits, shoved it all into Zcash.
00:02:21.520 --> 00:02:28.000
And I felt like I just wanted to take a moment to stop what I was doing and to look at the board here.
00:02:28.240 --> 00:02:34.479
Because I don't know, my brain, I was just like I've been losing sleep for 45 days straight since the bull market started.
00:02:34.560 --> 00:02:37.360
This is part of what happens when things are going crazy.
00:02:37.439 --> 00:02:41.280
And I felt like my my brain was a little bit clouded and muddied.
00:02:41.439 --> 00:02:43.759
And when I'm waking up every morning at 4 a.m.
00:02:44.000 --> 00:02:47.599
worried about a 15-minute candle, it's like, all right, let's take a step back.
00:02:47.759 --> 00:02:49.360
Let's take a look at the board here.
00:02:49.520 --> 00:02:57.599
Let's play this objectively and let's make let's make the right decision here because I think how you play the next three to six months is potentially a life-altering event.
00:02:57.759 --> 00:02:59.120
And so that was like first and foremost.
00:02:59.199 --> 00:03:00.879
I'm like, look, I could re-enter this at any moment.
00:03:00.960 --> 00:03:05.439
Let me just click the sell and let me just reevaluate.
00:03:05.599 --> 00:03:05.919
Okay.
00:03:06.159 --> 00:03:18.240
So when I clicked the sell, I took two days off Friday, Saturday, played poker, had a sick day on Saturday, and I just really thought about what do I think is gonna happen for the rest of this cycle?
00:03:18.400 --> 00:03:19.759
How do I think this is gonna play out?
00:03:19.840 --> 00:03:43.280
I looked at the board, I looked at everything, I looked at price action, I looked at the 24 cycle, I even looked at the 21 cycle, I looked at my net worth, I evaluated where I'm at, and my basic conclusion still is the same that it's been that the RR and the upside on the five, six, seven, eight altcoins is so ridiculous.
00:03:43.520 --> 00:03:55.759
I think very few people are giving credit for how high these things can go from this point, like from today, October 4th or 5th, whatever it is, people are not giving these coins the credit they deserve for how high that they can go.
00:03:55.919 --> 00:03:56.240
Okay.
00:03:56.479 --> 00:04:23.920
I look at the perp Dex's hype lighter, I look at the privacy coins, you look at something like the AI privacy mix like a Venice, you look at Nier, you look at Zcash, you look at the um on-chain stuff like a pump fun, and I think to myself, these coins have like I don't think it would be that ridiculous end of 2026 to see hype at 250, to see Zcash at 5k, to see Nier at 1520, to see Venice at 100 plus, to see Pump at two cents.
00:04:24.079 --> 00:04:27.759
I don't think it would be that crazy to see five to ten X's across the board on these coins.
00:04:27.839 --> 00:04:29.519
And so that was my conclusion.
00:04:29.759 --> 00:04:41.120
Okay, so you come to that conclusion, and the immediate follow-up question is how do I get there with as much exposure as possible on the easiest road?
00:04:41.199 --> 00:04:47.519
Like I want to get as far as possible with as many coins as possible to as high of a target as possible, as easy as possible.
00:04:47.759 --> 00:04:57.680
Okay, and so the two trades I've made in this bull market so far, the the real two trades was it was a leverage Bitcoin position, but we'll ignore that for now was leverage Zach and Leverage Pump.
00:04:57.759 --> 00:05:00.639
Okay, both of the moves happened relatively quickly.
00:05:00.720 --> 00:05:07.439
Okay, I was in a pump trade for 27 days, then I made 400k on like 200%.
00:05:08.160 --> 00:05:16.079
And so what happened with pump, I was reflecting on it, is that I get in this trade and my target is just disgusting.
00:05:16.319 --> 00:05:18.720
I'm like target's two, three cents.
00:05:18.959 --> 00:05:26.399
It's it's you know, many, many X's from here, and it makes the move fast first week, first two weeks, and I'm on leverage.
00:05:26.720 --> 00:05:32.480
And when you're on leverage and it makes the move this quickly, the obvious thought is that you're supposed to sell right here.
00:05:32.720 --> 00:05:36.639
You're on leverage, you're paying funding, positions more volatile.
00:05:36.720 --> 00:05:39.199
You're supposed to just get out once it makes the move.
00:05:39.360 --> 00:05:45.839
But the problem is I didn't want to get out because my target is so many X is higher.
00:05:46.000 --> 00:05:51.519
Getting out here now feels like going against what I believe is gonna happen.
00:05:51.759 --> 00:06:01.360
And so rather than getting out, you stay in, you do nothing, I'm on leverage, I'm kind of sitting here like a sitting duck, and then you wait for it to retrace 20%, and then it's fuck.
00:06:01.519 --> 00:06:03.439
Now I really have no choice.
00:06:03.519 --> 00:06:06.079
I don't want to round trip, you know, half a million dollars.
00:06:06.240 --> 00:06:07.519
What am I supposed to do?
00:06:07.680 --> 00:06:19.120
You sell, and you're you almost become a forced seller of sorts because again, I'm sitting here getting cooked on funding, it's public, everyone can look at it, and I just am starting to sweat it.
00:06:19.279 --> 00:06:30.800
And so you sell the you know 0.06 or whatever 06 to 0.004, and then because you're forced to sell it because you're you're actually up too much, and then it rips back to 0.07, you don't have any coins.
00:06:30.959 --> 00:06:44.319
Now, the the the positive side of this is that I didn't just sell into cash, I sold and I shoved it all into Zcash at 1037, and I get into Zcash again, leverage position, and my target is I mean, it's ridiculous.
00:06:44.480 --> 00:06:46.720
My target is ridiculously high, right?
00:06:47.040 --> 00:06:49.920
And so Zach then goes and makes the move fast.
00:06:50.000 --> 00:06:50.560
I mean, fast.
00:06:50.639 --> 00:06:56.240
All of a sudden it's 1150, 12, 1250, three, 1300, 14.
00:06:56.399 --> 00:07:02.959
It gets as high as like, I don't know, 1600 or something like this, and it's made the move, and I'm up again, half a million dollars on leverage.
00:07:03.040 --> 00:07:11.360
I'm getting eaten by funding, and I'm supposed to sell because it made the move in two weeks or whatever, really fast.
00:07:11.680 --> 00:07:12.720
I'm up too much.
00:07:12.879 --> 00:07:20.879
I should sell, but the problem is my target is many X's higher, many, many, many X's higher.
00:07:21.279 --> 00:07:23.199
And so what do I do?
00:07:23.360 --> 00:07:27.279
I obviously don't sell because I think it's gonna go to 5k in a straight line.
00:07:27.600 --> 00:07:29.839
And I sit here, I sit here, I sit here.
00:07:29.920 --> 00:07:46.160
The Garrett Bullish posted his thesis, goes, you know, 1550, then Lee Gun Wang sells 1500, and then it's 1450, and then it's 1400, then Bitcoin likes down, and then it's 1300, and it's a Friday, and I want to go out, and my you know, 600k PL is now like 350.
00:07:46.319 --> 00:07:49.199
I'm getting eaten on funding, and I'm like, fuck my life.
00:07:49.279 --> 00:07:50.399
What am I supposed to do?
00:07:50.639 --> 00:07:52.639
Same thing, just sell it.
00:07:53.360 --> 00:07:56.720
And so I sat down over the weekend after doing this twice.
00:07:57.040 --> 00:08:02.319
Monster trades that I'm very proud of, but I did not top tick, and I don't think I played him that great.
00:08:02.399 --> 00:08:05.279
I think my entry was incredible, my execution was really, really poor.
00:08:05.360 --> 00:08:09.360
And I sat down over the weekend and I really like sat here and thought about it.
00:08:09.439 --> 00:08:11.839
And I thought to myself, what do I think is gonna happen?
00:08:12.160 --> 00:08:19.279
And what I thought was gonna happen is that my targets are correct, and I do think this is gonna happen.
00:08:19.519 --> 00:08:21.680
But you know, we've talked about this before.
00:08:21.759 --> 00:08:29.920
I feel like the market makes a conscious effort to go as high as possible with as few people in as possible, or as low as possible with as many people in as possible.
00:08:30.079 --> 00:08:35.519
It's like, how do we get Zcash at 5k with as few PLs as possible?
00:08:35.759 --> 00:08:38.240
Well, it would probably do something like what it's been doing, right?
00:08:38.399 --> 00:08:44.159
Bitcoin likes up 5%, alts go up 20, 30%, the Bitcoin chop, chop, chop, chop, chop, chop, chop over a week.
00:08:44.320 --> 00:08:46.879
Everybody loses their mind because they're trading with too much leverage.
00:08:47.039 --> 00:08:51.440
Wix Zcash down 15%, and let's do it again, and let's do it again, and let's do it again.
00:08:51.759 --> 00:09:08.320
And what I was really thinking about it on an Evans and Ansom interaction, which popped up on the screen for YouTube or Twitter, where Evans replied to Ansom and he basically was like, Look, never before have we had altcoins trade this many X's above their lows while Bitcoin is just hanging out at 85k.
00:09:08.399 --> 00:09:10.399
It's like new cycle, new targets.
00:09:10.639 --> 00:09:17.200
And so what I concluded is that I do believe these 5k, 10k targets for Zek can happen.
00:09:17.440 --> 00:09:37.519
I think nobody is giving alt RR the credit that it deserves because the most bullish part about the cycle to me continues to be that there are seven to eight coins that for the first cycle ever can stand alone as good business or good coin or investable asset that has nothing to do with Bitcoin downstream liquidity.
00:09:37.679 --> 00:09:41.440
Bitcoin is going to help, and as Bitcoin goes high, these things can go higher.
00:09:41.519 --> 00:09:52.159
But hyper liquid lighter, you know, Venice near Zcash, Pump Fun, like these assets can stand on their own as investable, can get flows, can get continuous buy pressure.
00:09:52.399 --> 00:09:56.639
Many marginal buyers higher that has nothing to do with with Bitcoin.
00:09:56.799 --> 00:09:58.720
And so, new cycle, new target.
00:09:58.799 --> 00:10:00.000
This has never really been the case.
00:10:00.080 --> 00:10:06.639
It's always been alternative liquidity valves, if you will, for when Bitcoin goes really high.
00:10:06.879 --> 00:10:16.480
And I looked at the board and I decided that Zcash is my personal pick for the best of the bunch, but I'm not gonna get to five to 10k the way that I'm trading.
00:10:16.639 --> 00:10:18.320
And so I sold it all.
00:10:18.720 --> 00:10:23.200
I took the profit plus some 500k and I shoved it into Zek Spot.
00:10:23.279 --> 00:10:29.360
I did it for the first time in by the way, um, limit orders are incredible.
00:10:29.519 --> 00:10:38.240
I shoved it into Zec Spot for the first time since I bought a spot token, like a not a spot alt I haven't bought in like over a year.
00:10:38.480 --> 00:10:49.120
And my thought process basically like I'm gonna have a big enough tech spot bag where I can sit through 25% up, down, up, down, up, down.
00:10:49.279 --> 00:11:02.559
I'm going to keep enough cash to do what I want to do, which is trade perps, and I'm going to take profit and I'm going to stack it into Spot Zec as my denominator for multiple X's.
00:11:02.639 --> 00:11:04.559
Okay, you think about the 2024 cycle.
00:11:04.639 --> 00:11:06.559
Who made the most money in 2024?
00:11:06.720 --> 00:11:12.399
The people that made the most money in 2024 bought a fuck ton of Solana.
00:11:12.960 --> 00:11:24.320
They took their Solana as casino chips, they traded on-chain, they traded meme coins, they printed, they took profit back in Solana, they took the profit, bought more memes, made a bunch of money, put the profit back in the Solana.
00:11:24.399 --> 00:11:26.399
Solana went from$8 to$260.
00:11:26.559 --> 00:11:26.879
Okay.
00:11:27.200 --> 00:11:34.159
And so I think if you trade perbs or trade on-chain super clean and super sharp, you can make a bunch of money.
00:11:34.480 --> 00:11:48.720
But if you do that and you stack it into a denominator that legs up multiple times throughout the cycle, your seven, you know, your three million dollars turns into$10, your$100K turns into$500, your$5K turns into$25.
00:11:48.799 --> 00:11:53.600
Like your RR, if you are right, is extraordinarily high.
00:11:53.840 --> 00:12:01.519
And my biggest leak so far is that I am right about what I buy and when I buy, but my execution is horrible.
00:12:01.600 --> 00:12:02.559
How do I fix that?
00:12:02.720 --> 00:12:03.279
I'm right.
00:12:03.360 --> 00:12:12.720
I I basically have not lost money on a single trade except for the moment that I bottom sold VVV on that stupid fucking ETH announcement, which is whatever.
00:12:12.799 --> 00:12:15.600
I've basically been right in every trade, but my execution has been horrific.
00:12:15.759 --> 00:12:16.080
Okay.
00:12:16.320 --> 00:12:19.679
And so why Zach out of all of our potential options?
00:12:19.919 --> 00:12:22.639
And I think holding a basket is correct.
00:12:22.960 --> 00:12:24.559
Look at what you know, Pump has done.
00:12:24.720 --> 00:12:30.799
Holding a basket is obviously correct, but I like to focus on one more than the board.
00:12:31.360 --> 00:12:36.960
And I think that Zek just has a mandate of heaven right now.
00:12:37.200 --> 00:12:38.960
I think Zek just has a mandate of heaven.
00:12:39.120 --> 00:12:46.720
And I think this is something that happens every over every time period, a certain coin just gets like handed the mandate of heaven.
00:12:47.360 --> 00:12:49.120
Zek has it right now.
00:12:49.759 --> 00:12:51.840
And I mean, I think there's a bunch of reasons.
00:12:52.080 --> 00:12:56.960
I'm just gonna outline them because YouTube is watching this, random people on Twitter.
00:12:57.039 --> 00:12:59.519
Yo, TJR viewers are watching this chat to TJR.
00:13:00.000 --> 00:13:02.000
I think there's like four things or whatever, right?
00:13:02.080 --> 00:13:05.679
It's like number one, as we know, I was actually explaining this to someone the other day.
00:13:05.840 --> 00:13:09.759
It's like number one combats basically every problem with Bitcoin.
00:13:09.919 --> 00:13:17.440
Quantum resistant, which is something people are really scared of right now, although the discourse has disappeared with Bitcoin being over 85.
00:13:17.600 --> 00:13:26.000
It's private, and I think the privacy narrative, again, right now in particular, is as important as it's ever been.
00:13:26.159 --> 00:13:37.120
2028, AOC, potentially, the flock cameras, CBDCs, what's going on in Europe, all of these like tailwinds are happening on the privacy side.
00:13:37.200 --> 00:13:42.320
It has the same, you know, 10-year, decade-long proof of work distribution.
00:13:42.480 --> 00:13:50.080
And I think more than anything, more than anything, it just trades incredible.
00:13:51.120 --> 00:13:53.919
It just trades incredible, it just trades incredible.
00:13:54.000 --> 00:13:57.759
People always ask, like, why why Monero, you know, why not Monero over Zcash?
00:13:57.840 --> 00:13:58.879
Why not XMR?
00:13:59.039 --> 00:14:01.279
It just trades incredible.
00:14:01.440 --> 00:14:02.879
It just wants to go high.
00:14:02.960 --> 00:14:09.679
And I think if you hate a coin and you don't understand why it's going up and it just continues to leg up, you should just accept that it wants to go.
00:14:10.000 --> 00:14:10.639
Like you look at pump.
00:14:10.799 --> 00:14:15.039
So many people have hated pump, they don't get it, they think the numbers are fake, but it just legs up.
00:14:15.120 --> 00:14:23.039
And when the thing legs up 20, 30, 40, 50% day after day after day after day after day, at a certain point you have to just look at it, you gotta just buy some.
00:14:23.200 --> 00:14:26.879
It's like Mando said this to us one day, and I'll never forget it.
00:14:26.960 --> 00:14:31.200
It's like, you can always be in the best coin, don't let anyone ever convince you otherwise.
00:14:31.360 --> 00:14:33.759
You can always just be in the best coin.
00:14:34.159 --> 00:14:37.279
Don't let anyone convince you otherwise.
00:14:37.600 --> 00:14:41.600
And I want to just trade in a position where I'm always in the best coin.
00:14:41.759 --> 00:14:44.399
And so it's kind of my thought about this on why Zach.
00:14:44.559 --> 00:14:58.080
Again, I think um as it relates to art of alts, like risk reward of alts to hear, Zcash and these couple others have just perfect marginal buyers higher, infinite and the right ones to buy higher.
00:14:58.240 --> 00:14:59.519
Hype has it, you know.
00:14:59.840 --> 00:15:01.279
Who's the marginal buyer of hyper liquids?
00:15:01.440 --> 00:15:05.279
Like, I don't know, Stanley Druckenmiller, maybe the arguably the greatest investor of all time.
00:15:05.440 --> 00:15:06.879
Stanley Druck and Miller, how about that?
00:15:06.960 --> 00:15:08.480
Paul Tudor Jones, how about that?
00:15:08.639 --> 00:15:11.919
I think Zcash and a couple of these other ones are the same way.
00:15:12.159 --> 00:15:20.720
And I also think, and what has given me confidence in a lot of these alts is the flowing of liquidity from bad coins to good coins as well.
00:15:20.960 --> 00:15:41.519
Like, what is very notable about price action this cycle is that Bear Chain, you know, no shade at anyone, but Bear Chain is nowhere close to an all-time high and like um Celestia, nowhere close to an all-time high in Sei and Sue and Avax and a lot of these coins, ADA, Cardano, like all of these coins are nowhere near an all-time high.
00:15:41.679 --> 00:15:49.759
And I think there's no reason as to why the money and flows wouldn't continue to focus on the coins that they have been focused on.
00:15:50.000 --> 00:16:02.159
And so I also think there is this level of split of CT right now between people that are trading on-chain and buying memes and people that are buying mostly alts, trading perps.
00:16:02.639 --> 00:16:03.600
I think you can do both.
00:16:03.679 --> 00:16:27.519
I really believe that you can do both, but I think the game has like separated between you are buying new pairs and low caps, you know, five mil range and holding to 20, 30, 40, 50 mil, or you are buying alts because this 50 to 100 to two to 250 to 300 pocket has just not traded well, right?
00:16:27.840 --> 00:16:39.600
They trade similar on the way up to the way the alts have traded, where it's like um Zcash or VVV or whatever, AI coin or ponds goes up only for like two weeks.
00:16:39.759 --> 00:16:41.519
Everyone gets obsessed with it.
00:16:41.759 --> 00:16:48.320
It's all anyone is talking about, all of the discourse printing stupid volume, just going up at a straight line.
00:16:48.399 --> 00:16:53.919
After the two-week lockout trend, things kind of stop and attention flows elsewhere.
00:16:54.000 --> 00:16:55.679
And there's the new coin, there's the new alt.
00:16:55.919 --> 00:16:56.559
Maybe it was hype.
00:16:56.639 --> 00:17:02.879
Now we're doing lighter, now we're doing Venice, or it's on-chain, we're doing you know, AI coin and pawns.
00:17:02.960 --> 00:17:05.920
Now we're doing like paid or agency or whatever it is.
00:17:06.160 --> 00:17:16.799
But the only difference is that on the alts, the attention and the money flows back, and it has now for three, four, five legs, and on-chain it sort of just hasn't.
00:17:17.200 --> 00:17:34.240
And so I think I wrote about this in a tweet yesterday that I think the like buying on-chain coins in the multi-hundred mil range is really difficult when a couple of these alts have the like untapped price targets that I think that they have.
00:17:34.400 --> 00:17:45.680
And so I think you're either trading low caps or you know, relatively low market cap on-chain, or you were just like fully focused on perps and spot alts.
00:17:45.839 --> 00:17:54.079
And the way that I'm thinking about playing it right now is fully focused on on mostly focused on perps and spot alts.
00:17:54.160 --> 00:17:56.799
And so I bought a ton of Zach spot.
00:17:57.440 --> 00:18:04.880
I bought a little bit of a perps position because I just couldn't help myself, and then I would really like to buy at some point, maybe now.
00:18:05.519 --> 00:18:06.799
I wanted to kind of go slow on this.
00:18:06.880 --> 00:18:11.359
I didn't want to get like ahead of myself, play pump, and then play the perp Dexes.
00:18:11.440 --> 00:18:14.720
I've been a little bit frustrated with Venice because I got stopped out so stupid.
00:18:14.799 --> 00:18:21.920
I I let myself get capitulated on the ETH FUD or whatever it was, where ETH launched that like ZK situation.
00:18:22.079 --> 00:18:26.319
But I see no reason that things wouldn't continue to trade the way that they have.
00:18:26.400 --> 00:18:35.519
And so my biggest risk is not being able to make it as high as I should or could or believe that it will because I have too much leverage.
00:18:35.680 --> 00:18:38.000
That is a pro like that is a agreed problem.
00:18:38.160 --> 00:18:40.160
And again, it you know, it's difficult to be a pig.
00:18:40.240 --> 00:18:41.599
What's the what's the Drucken Miller?
00:18:41.759 --> 00:18:49.839
It takes takes guts to be a pig or something like this, but only in spots, only in spots, and I would I want to get as high as as I think that they can go.
00:18:50.079 --> 00:18:58.400
And so that's basically what I have done after stacking all of my Zcash this weekend on Friday.
00:18:58.559 --> 00:19:00.640
But that's what I'm doing, that's what I did.
00:19:00.799 --> 00:19:02.240
Let's have a good fucking stream.
00:19:02.400 --> 00:19:03.680
I just bought this chart.
00:19:04.000 --> 00:19:05.039
I don't know what to tell you.
00:19:05.119 --> 00:19:22.079
I bought this chart because I it just feels uncomfortably similar to the pump thing to me, where everyone's building this gotcha ecosystem, and it's not again, it's a smaller market than Memecoins by I think by a significant margin.
00:19:22.240 --> 00:19:30.960
But everyone's trying to build one, and what's going on with Pokemon right now is like there's like criminal stuff happening in the Pokemon market, it's just like unbelievable.
00:19:31.519 --> 00:19:37.119
And I look at this and I'm like, dude, people are I see it on my feed all day, people pulling Pokemon cards.
00:19:37.200 --> 00:19:39.200
All I see it all day, people pulling it.
00:19:39.440 --> 00:19:39.839
All day.
00:19:39.920 --> 00:19:41.680
I'm getting I'm seeing posts about it.
00:19:41.839 --> 00:19:46.079
And this looks like this, and I'm like, man, that is just looks sticky.
00:19:46.319 --> 00:19:46.799
I don't know.
00:19:46.960 --> 00:19:48.000
People aren't stopping.
00:19:48.160 --> 00:19:50.079
And so I I bought this chart.
00:19:50.240 --> 00:19:51.200
I bought it, I did.
00:19:51.279 --> 00:19:55.440
I bought this chart right around here, right around here, and I you know, I saw like I saw this.
00:19:55.680 --> 00:19:57.279
This is the type of shit that's happening right now.
00:19:57.440 --> 00:20:00.160
The last recorded sale in this Lugia was 5k.
00:20:00.559 --> 00:20:03.200
There's an auction live right now with bids at$4 million.
00:20:03.680 --> 00:20:07.039
New money in this hobby will apparently pay anything for low pops.
00:20:07.279 --> 00:20:18.640
I mean, it's it's like it's very similar to NFTs, very similar to NFTs from the perspective of the supply is so low that any rich buyers coming through wanting to make an impact.
00:20:18.960 --> 00:20:27.759
You I mean, you could just rip it so high with so little money because there's not that much supply of this like low low pop stuff, and everyone's buying them for these gotcha platforms.
00:20:27.920 --> 00:20:30.799
The gotcha platforms never really have to let them hit the hit the market.
00:20:30.960 --> 00:20:34.240
Someone like a Coinbase comes through and is like, we want supply.
00:20:34.319 --> 00:20:35.920
There's just not really supply.
00:20:36.160 --> 00:20:41.200
I'm also sitting here and I'm like, fuck, I I want rare art, I want rare books.
00:20:41.519 --> 00:20:48.400
If we're gonna go scarce mode on collectibles, physical collectibles, it shouldn't just be Pokemon.
00:20:48.640 --> 00:20:49.680
I want I want all of it.
00:20:49.759 --> 00:20:51.279
I want books, I want art.
00:20:51.519 --> 00:20:54.480
It's like I think it's all gonna Would you really wanna buy OpenTe?
00:20:54.720 --> 00:20:57.680
They forget OpenT was worth$15 billion at the at the Pico.
00:20:57.920 --> 00:21:03.839
15 15 billion Pico and so we're gonna have a pretty electric stock market open, I think.
00:21:04.079 --> 00:21:09.839
All right, um, the stock market opens for Monday, October 5th, 2026, and 30 seconds as always.
00:21:09.920 --> 00:21:11.359
Stock market open is powered by Phantom.
00:21:11.519 --> 00:21:17.279
Powered by Phantom because anything you see during the segment, any coin, stock, meme, per, whatever it is that you want to trade.
00:21:17.359 --> 00:21:21.599
If you could trade it, you can trade it on Phantom Wallets.
00:21:22.160 --> 00:21:28.319
Okay, it is 9 30 on Monday, October 5th, 2026.
00:21:28.720 --> 00:21:32.720
Day of the guaranteed four-year cycle bottom.
00:21:32.960 --> 00:21:39.920
And the stock market is officially Open! Let's go, let's go, let's go, let's go, let's go.
00:21:40.000 --> 00:21:42.880
Uh SPX opens up 0.7.
00:21:43.279 --> 00:21:44.480
Uh, we'll just go off the spy.
00:21:44.640 --> 00:21:46.319
Spy opens up 0.04 on my chart.
00:21:46.480 --> 00:21:47.440
SPX thing is broken.
00:21:47.519 --> 00:21:48.880
NASDAQ is down 0.31.
00:21:48.960 --> 00:21:50.240
The Dow is down 0.16.
00:21:50.400 --> 00:21:51.680
Photonics ETF is flat.
00:21:51.759 --> 00:21:54.400
Neo cloud ETF is up 0.3.
00:21:54.799 --> 00:21:56.319
Soxwell is down 1.3.
00:21:56.400 --> 00:21:57.200
It's green on the open.
00:21:57.279 --> 00:21:58.640
IGV is up 0.4.
00:21:59.039 --> 00:21:59.680
Mags are up.
00:22:00.559 --> 00:22:05.200
Dram is down.2 and the IBB is flat on the open.
00:22:05.359 --> 00:22:11.519
Bitcoin never goes green on New York open, but you know it doesn't matter until 10:30, 85, 8, 5, 9.
00:22:11.599 --> 00:22:12.960
Zach is 1337.
00:22:13.039 --> 00:22:14.079
Venice is 29.
00:22:14.400 --> 00:22:16.960
Pump.00638.
00:22:17.200 --> 00:22:18.319
Hype is 92.
00:22:18.480 --> 00:22:20.000
Perd is up five.
00:22:20.319 --> 00:22:23.680
Silver is up two percent today.
00:22:23.839 --> 00:22:24.720
Sol is down one.
00:22:24.960 --> 00:22:27.599
Stretch 995.
00:22:28.000 --> 00:22:34.400
We got an announcement that Michael Saylor they bought 334 Bitcoin.
00:22:34.640 --> 00:22:37.599
Repurchased 176 million dollars of stretch.
00:22:37.839 --> 00:22:39.680
Horrific fill once again.
00:22:39.759 --> 00:22:41.599
But that's our guy, Michael Saylor.
00:22:41.680 --> 00:22:44.880
30 year is up 0.6, continue to just be green.
00:22:44.960 --> 00:22:46.319
The 10 years up 0.47.
00:22:46.559 --> 00:22:47.680
The two year is flat.
00:22:47.839 --> 00:22:51.200
Bix is up four, gold is up 0.3, copper is up 0.5.
00:22:51.839 --> 00:22:53.839
Nero's up 1.7.
00:22:54.400 --> 00:22:54.799
Wow.
00:22:54.960 --> 00:22:58.880
Nero's up 2.3 and XRP is down 0.6%.
00:23:00.319 --> 00:23:09.920
Brent oil is down 1.33 on the daily, and crude oil is down 2.07 on the daily fence.
00:23:10.000 --> 00:23:10.799
Raytheon is red.
00:23:10.960 --> 00:23:11.839
Palantir's up one.
00:23:12.079 --> 00:23:14.799
Northrop is flat, and Lockheed Martin's down 0.47.
00:23:15.200 --> 00:23:21.119
Biggest gainer on the day is Cerebris because Sama made a tweet, I believe.
00:23:21.359 --> 00:23:23.759
There was some speculation about our partnership with Cerebrus.
00:23:23.839 --> 00:23:24.960
Cerebris is a close partner.
00:23:25.039 --> 00:23:29.039
We have deep engagement pushing the frontiers of speed.
00:23:29.200 --> 00:23:33.359
If you were to chart this, you would see a good entry, I think.
00:23:33.839 --> 00:23:34.720
Yeah, look at that.
00:23:34.960 --> 00:23:35.920
Pico bottom.
00:23:36.000 --> 00:23:36.960
That was the bottom.
00:23:37.200 --> 00:23:39.279
Uh DG check on chain.
00:23:39.359 --> 00:23:39.920
We'll get there.
00:23:40.079 --> 00:23:45.599
It's up eight, nine percent in a straight line and nine point three on the daily since the Sam Altman tweet.
00:23:45.680 --> 00:23:47.279
That would have been a good trade over the weekend.
00:23:47.359 --> 00:23:48.240
Hyper liquid.
00:23:48.400 --> 00:23:50.000
Lumentum's up 2.2.
00:23:50.240 --> 00:23:51.200
MSFT.
00:23:51.359 --> 00:23:52.079
Microsoft is up two.
00:23:52.319 --> 00:23:54.000
Meta is up one, 735.
00:23:54.160 --> 00:23:56.319
Nvidia's up one, 236.
00:23:56.799 --> 00:23:59.200
Hidden all-time high basically 238 Friday.
00:23:59.279 --> 00:24:00.160
Oracle's up one.
00:24:00.640 --> 00:24:02.640
Barvell's up.3, Broadcom's up 0.5.
00:24:02.880 --> 00:24:03.920
Cloudflare's up 0.3.
00:24:04.160 --> 00:24:04.720
Arms flat.
00:24:04.799 --> 00:24:05.279
Google flat.
00:24:05.359 --> 00:24:06.319
SpaceX is up one.
00:24:06.559 --> 00:24:07.440
Jesus Meta.
00:24:07.519 --> 00:24:08.000
Not bad.
00:24:08.079 --> 00:24:09.519
Um Sandis is up one.
00:24:09.920 --> 00:24:11.119
Balloon Energy down 0.5.
00:24:11.200 --> 00:24:11.759
Netflix is flat.
00:24:11.839 --> 00:24:12.720
Qcom down 0.6.
00:24:12.960 --> 00:24:13.839
Amazon down 0.4.
00:24:14.079 --> 00:24:15.039
Apple up 0.5.
00:24:15.599 --> 00:24:16.799
Pretty strong.
00:24:16.960 --> 00:24:20.720
Uh when does the iPhone duo release date?
00:24:20.880 --> 00:24:21.920
October 25, maybe?
00:24:22.079 --> 00:24:24.000
Friday, October 23rd.
00:24:24.799 --> 00:24:30.559
I am obviously, obviously, obviously buying this the second it comes out.
00:24:31.200 --> 00:24:33.200
I'm buying it the second it comes out.
00:24:33.279 --> 00:24:36.400
Um, Robostrategy is down 0.5, IBM is down 0.75.
00:24:36.559 --> 00:24:37.440
Chat, are you buying one?
00:24:37.519 --> 00:24:38.079
Are you buying one?
00:24:38.160 --> 00:24:38.640
Yes or no?
00:24:38.799 --> 00:24:41.359
Micron's down one, Tesla down 1.5.
00:24:41.599 --> 00:24:43.119
Okay, Hanix ADR is down one.
00:24:43.279 --> 00:24:44.960
Red wire is down 2.75.
00:24:45.119 --> 00:24:45.440
Fuck.
00:24:45.599 --> 00:24:45.920
Why?
00:24:46.079 --> 00:24:47.279
SpaceX is green, isn't it?
00:24:47.359 --> 00:24:47.680
Yeah.
00:24:47.839 --> 00:24:49.680
Wait, I was uh drafting, buying what?
00:24:49.759 --> 00:24:50.720
Uh iPhone Duo.
00:24:50.799 --> 00:24:52.079
Intel's down 2.5.
00:24:52.480 --> 00:24:54.880
Uh space is getting crushed, except for SpaceX.
00:24:55.119 --> 00:24:56.160
Shaws is down five.
00:24:56.240 --> 00:24:57.119
AMD's down one.
00:24:57.440 --> 00:24:58.880
Tesla is down one.
00:24:59.200 --> 00:25:01.680
Um Bitcoin doing fine.
00:25:01.839 --> 00:25:04.079
Uh crypto stocks, a little bit of SaaS.
00:25:04.240 --> 00:25:07.359
Everything between DraftKings biggest gainer, four and a half.
00:25:07.599 --> 00:25:08.720
Zeta's up three and a half.
00:25:08.799 --> 00:25:09.839
Reddit's up two and a half.
00:25:09.920 --> 00:25:11.200
MSTR 163.
00:25:11.279 --> 00:25:12.799
Coinbase up two and a half.
00:25:12.960 --> 00:25:14.880
Um, remember who we cared about the Clarity Act?
00:25:14.960 --> 00:25:15.680
It's funny how that works.
00:25:15.759 --> 00:25:25.279
Sweet Cream's up two, Uber's up two, snap is up two, Shopify's up two and a half, BMR is up two, circle's up two, Roblox up 1.3, Lily's up 1.7, Unity's up 1.5, Ms.
00:25:25.359 --> 00:25:28.559
is up one, hood's up 0.5, take two is flat.
00:25:28.799 --> 00:25:32.799
God, this is traded so market thinks GTA 6 is gonna be a flop, dude.
00:25:32.880 --> 00:25:34.160
I don't know how else to put it.
00:25:34.400 --> 00:25:38.319
Market is thinking GTA 6 is gonna be a flop.
00:25:38.720 --> 00:25:42.160
I'm obviously buying it, but I'm on pro pro flop.
00:25:42.319 --> 00:25:42.880
I just am.
00:25:42.960 --> 00:25:44.000
I just am.
00:25:44.160 --> 00:25:45.440
I think that dude's a good option.
00:25:45.759 --> 00:25:46.720
I don't know.
00:25:47.839 --> 00:25:48.480
I don't know.
00:25:48.640 --> 00:25:54.720
Uh Corey's down 1.25, Nebius is down 1.7, Nike's down two again, non-stop.
00:25:54.799 --> 00:25:56.559
Every day it goes down.
00:25:57.039 --> 00:25:59.359
Um let's go lower time frame right now.
00:25:59.519 --> 00:26:01.680
Five minutes into open.
00:26:02.079 --> 00:26:07.119
Iran is down two, Lululemon's down two, AMC is down two, butterfly's down 2.3.
00:26:07.440 --> 00:26:08.240
Where are coins?
00:26:08.400 --> 00:26:08.720
Coins.
00:26:08.799 --> 00:26:11.440
Bitcoin goes green, backup of 86 at least.
00:26:11.519 --> 00:26:12.079
It looks crazy.
00:26:12.319 --> 00:26:14.480
GTA 6 wishes they released three days ago.
00:26:14.559 --> 00:26:15.119
I can't lie.
00:26:15.279 --> 00:26:27.279
All right, all coins, biggest gainers, kinetic lighters up six, uh Thina's up five, bear chain's up three, Ave's up three, Pepe's up two and a half, Peng's up two and a half, Nier's up two, grass is up two, is up one, Mega Eath is up half.
00:26:27.839 --> 00:26:29.119
What the fuck happened to that?
00:26:29.200 --> 00:26:30.720
Uh, four coins up one.
00:26:31.200 --> 00:26:37.440
Biggest loser is Mona down five, pump down two, Avax down one point three, plasma down one point three.
00:26:37.519 --> 00:26:38.000
Look at this.
00:26:38.160 --> 00:26:40.880
This is a Tom Lee is a crowd favorite.
00:26:41.039 --> 00:26:45.440
This is a get divorced, wife changing coin, you will get divorced.
00:26:45.680 --> 00:26:49.200
Reject, reject, reject, reject, reject, reject, reject.
00:26:49.440 --> 00:26:50.799
Fuck control z.
00:26:50.960 --> 00:26:55.519
Reject, reject, reject, reject, reject, reject, reject again.
00:26:55.680 --> 00:26:57.920
This one getting rejected is crazy to me.
00:26:58.400 --> 00:27:01.680
This one, if I bought this breakout, I would never take this coin again.
00:27:02.000 --> 00:27:10.799
After you had like legit one, two, three, four, five, six, seven, eight, nine tries at this line.
00:27:11.039 --> 00:27:13.200
On try number 10, you just quit.
00:27:13.279 --> 00:27:13.519
I think.
00:27:13.680 --> 00:27:14.559
How do you not quit?
00:27:14.640 --> 00:27:16.160
How do you actually not quit this coin?
00:27:16.400 --> 00:27:17.920
You you you do, you're done.
00:27:18.480 --> 00:27:20.480
Yeah, they're parting with parting with Jane Street.
00:27:20.640 --> 00:27:21.119
All right, where are we?
00:27:21.200 --> 00:27:24.400
Uh Magn's point six, dram's flat, IBB is up.2.
00:27:24.799 --> 00:27:26.559
IGV is strong, software is really strong.
00:27:26.640 --> 00:27:27.440
Look at this chart, by the way.
00:27:27.519 --> 00:27:28.000
It's ass.
00:27:28.240 --> 00:27:29.839
That is a wild looking chart.
00:27:29.920 --> 00:27:31.680
You basically draw a line like right here, right?
00:27:31.920 --> 00:27:33.200
Crypto Ethan, you long.
00:27:33.599 --> 00:27:34.559
Pretty wild chart.
00:27:34.799 --> 00:27:38.720
Um, socks was down two, Q's up 0.3, NASDAQ is flat.
00:27:38.880 --> 00:27:46.960
All right, um, on-chain decks screener cards is my biggest holding on chain right now.
00:27:47.119 --> 00:27:47.759
Looks great.
00:27:47.920 --> 00:27:49.359
Are you going to token?
00:27:49.440 --> 00:27:50.079
No, I'm not.
00:27:50.160 --> 00:27:50.559
I'm not.
00:27:50.720 --> 00:27:52.480
Um, boner looks crazy too.
00:27:52.640 --> 00:27:54.160
70 mil in this is nuts.
00:27:54.240 --> 00:27:56.960
Uh hate coin 64.
00:27:57.519 --> 00:27:59.119
Ansome 157.
00:27:59.200 --> 00:28:00.559
Bull pattern still intact.
00:28:00.720 --> 00:28:02.240
We could draw a double tail on that.
00:28:02.480 --> 00:28:04.960
Z cat 41 looks awful.
00:28:05.279 --> 00:28:06.880
Marscoin also looks awful.
00:28:07.039 --> 00:28:09.519
Owen really came back to show the three worst coins ever.
00:28:09.680 --> 00:28:11.599
Shout out to Big O, but man.
00:28:11.920 --> 00:28:12.960
Called it quits.
00:28:13.119 --> 00:28:17.519
Retirement after two years to show the worst three coins ever.
00:28:17.759 --> 00:28:18.480
I mean ever.
00:28:18.720 --> 00:28:20.240
Useless 230.
00:28:20.400 --> 00:28:22.799
Um, super e oh no, wrong super e no.
00:28:22.960 --> 00:28:24.400
FWA's 13.
00:28:24.960 --> 00:28:25.680
You lie.
00:28:26.079 --> 00:28:26.880
Kate coin.
00:28:27.119 --> 00:28:28.640
Oh, what did they do to this?
00:28:28.880 --> 00:28:30.240
Agency 16.
00:28:30.319 --> 00:28:33.759
I think it's just gonna be hard to reprice launch pads from here.
00:28:34.640 --> 00:28:35.599
I don't know.
00:28:35.839 --> 00:28:37.359
Knee 41.
00:28:37.599 --> 00:28:41.119
I'll tell you what, I was a little bit early on this short, huh?
00:28:41.359 --> 00:28:43.200
I was a little early on this short.
00:28:43.759 --> 00:28:44.640
I was a little early.
00:28:44.799 --> 00:28:46.160
So was Loracle, yeah.
00:28:46.400 --> 00:28:47.759
I I hated this coin.
00:28:47.839 --> 00:28:49.279
I wanted to short it so bad.
00:28:49.440 --> 00:28:50.480
I was a little early.
00:28:50.640 --> 00:28:54.559
I I do I'm not much of a shorter because I same thing happened with me and lighters.
00:28:54.720 --> 00:28:56.480
I expect it to go to zero in a straight line.
00:28:56.640 --> 00:28:58.240
It should go to zero right now.
00:28:58.319 --> 00:28:59.279
I'm I'm short.
00:28:59.440 --> 00:29:01.599
It should die right now, and it just doesn't.
00:29:01.759 --> 00:29:03.680
Obviously, that's not how it trades.
00:29:03.920 --> 00:29:05.759
Um, especially to the short side.
00:29:05.920 --> 00:29:07.759
Cash cat 156.
00:29:08.079 --> 00:29:09.359
AI looks terrible.
00:29:09.519 --> 00:29:10.079
Look at this.
00:29:10.240 --> 00:29:12.559
I don't know why I circled that, but this is a nuts one.
00:29:12.799 --> 00:29:14.160
Ask 34.
00:29:14.480 --> 00:29:15.039
This is funny.
00:29:15.119 --> 00:29:16.480
I I held this coin at one point.
00:29:16.559 --> 00:29:18.880
Um, Anson's been showing this and not wash.
00:29:18.960 --> 00:29:19.279
This is good.
00:29:19.519 --> 00:29:19.839
I like that.
00:29:19.920 --> 00:29:20.640
This is a cool coin.
00:29:20.720 --> 00:29:22.319
Somebody showed this pretty early in our chat.
00:29:22.480 --> 00:29:24.400
IMD at 41.
00:29:24.720 --> 00:29:25.519
This is a cool coin.
00:29:25.599 --> 00:29:26.079
It really is.
00:29:26.319 --> 00:29:28.400
Paid is oh my god, look at that.
00:29:28.720 --> 00:29:29.759
Forever cooked.
00:29:30.000 --> 00:29:31.680
And anything else?
00:29:32.000 --> 00:29:32.640
Stonk.
00:29:32.880 --> 00:29:33.839
What about Orbio?
00:29:34.160 --> 00:29:37.039
I've been looking for the not bad.
00:29:37.200 --> 00:29:38.559
I don't even like really know what this is.
00:29:38.960 --> 00:29:42.880
I don't should I really know I I feel like I I'm supposed to know what this is, and I don't really.
00:29:43.039 --> 00:29:47.039
Hyperliquid perps live on the Bloomberg Terminal.
00:29:47.359 --> 00:29:49.119
Does anybody ever use Bloomberg Terminal?
00:29:49.359 --> 00:29:50.160
This is pretty lit.
00:29:50.240 --> 00:29:50.960
I'm not gonna lie.
00:29:51.119 --> 00:29:53.519
It's in front of everybody's face every day.
00:29:53.680 --> 00:29:57.359
Also, Bloomberg is talking about paper trade, which is pretty fucking sick.
00:29:57.519 --> 00:30:02.559
And then Eric from Boner made Bloomberg talking about Boner Coin.
00:30:02.640 --> 00:30:04.000
Boner coin actually looks pretty nuts.
00:30:04.160 --> 00:30:09.920
I played poker this weekend with a pro poker player, turned trader, actually.
00:30:10.240 --> 00:30:13.839
And he thinks it's so fascinating, which is really cool.
00:30:14.079 --> 00:30:16.559
And I had a I actually had a lot of fun playing poker this weekend.
00:30:16.640 --> 00:30:17.759
I was biggest winner, yeah.
00:30:17.920 --> 00:30:18.559
Mateos.
00:30:18.720 --> 00:30:19.680
He's the guy's sick.
00:30:19.759 --> 00:30:20.480
I I really like him.
00:30:20.559 --> 00:30:21.519
Um maybe I'll bring him on.
00:30:21.599 --> 00:30:23.359
Uh hopefully he's working with Flood right now.
00:30:23.519 --> 00:30:25.039
Hopefully, I can bring him on stream one day.
00:30:25.119 --> 00:30:28.480
I want to give him some some time to just like get his shit together.
00:30:28.720 --> 00:30:32.319
But I was the biggest, I was the biggest winner over a three-hour session.
00:30:32.559 --> 00:30:33.680
And you know, it's interesting.
00:30:33.759 --> 00:30:36.960
We were talking about poker versus trading.
00:30:37.119 --> 00:30:39.200
And he thinks trading is harder than poker.
00:30:39.359 --> 00:30:47.759
I think when you think about the two differences, it's like it's much more black and white, I think, of what you're supposed to do in any given moment with poker.
00:30:47.839 --> 00:30:52.720
Whereas trading, it's very much like, I don't know, just feels like I should do it.
00:30:52.880 --> 00:30:56.160
Type, you know, trading you have to you have to sort of like extrapolate many steps ahead.
00:30:56.319 --> 00:30:58.640
Poker's like, I have a good hand, I'm supposed to three bet.
00:30:58.799 --> 00:31:00.079
And that's just like what you do.
00:31:00.319 --> 00:31:02.240
And we're kind of talking about it back and forth.
00:31:02.400 --> 00:31:09.119
There's definitely more, there's infinitely more variables in trading than there are in poker.
00:31:09.279 --> 00:31:14.000
I kind of think poker's harder because I don't play, but you know, uh trading probably is objectively harder.
00:31:14.319 --> 00:31:21.200
However, what I really like to you know think about every time I play poker is I I was the biggest gainer.
00:31:21.519 --> 00:31:24.160
I was not the best poker player at the table.
00:31:24.400 --> 00:31:27.359
And I just won basically you just win a couple flips, right?
00:31:27.440 --> 00:31:27.839
Really, right?
00:31:27.920 --> 00:31:32.480
You won a couple 51 49s and 49-51s, and you leave the biggest gainer.
00:31:32.960 --> 00:31:39.920
And versus trading, I think you can just feel so much more confident in your spot.
00:31:40.079 --> 00:31:46.880
Like your ability to gas a good spot in trading with a high percentage successive chance, it's just way higher.
00:31:47.039 --> 00:31:48.000
It just is like you.
00:31:48.160 --> 00:31:52.240
I just like when I entered that Zach first long, I'm just like, I'm just gonna make money on this.
00:31:52.319 --> 00:31:56.880
I don't give a it doesn't even matter if he has aces because I I can have tens, he can have aces, we could both win.
00:31:57.200 --> 00:32:01.039
Like it's just like we could actually both win this versus poker.
00:32:01.119 --> 00:32:08.880
It feels like it's so it feels like impossible to to to really have because you can't just like win one massive pot and then you're like you know paid for the year.
00:32:08.960 --> 00:32:10.720
Trading, you can make one trade and be done.
00:32:10.880 --> 00:32:11.680
And so it was fun.
00:32:11.759 --> 00:32:12.799
I was biggest gainer.
00:32:13.119 --> 00:32:15.119
Um shout out to Jing Tao.
00:32:15.279 --> 00:32:15.839
I fucking cooked.
00:32:15.920 --> 00:32:17.279
I don't say I cooked, I cooked.
00:32:17.440 --> 00:32:18.720
I played some good ass poker.
00:32:18.880 --> 00:32:20.079
I was playing some good ass poker.
00:32:20.160 --> 00:32:23.200
I was uh I won a couple flips, but I was playing some good ass poker, I really was.
00:32:23.279 --> 00:32:27.440
Also, my first first hand of the day, my first two hands, this is how you know it's gonna be a good session.
00:32:27.519 --> 00:32:34.000
We were we were starting and we were fighting over how much the 2-7 would have to pay, or everybody would have to get paid for 2-7.
00:32:34.319 --> 00:32:36.880
And I was just like in the mood to be an asshole, so I was complaining about it the most.
00:32:36.960 --> 00:32:40.079
I'm like, no, 100's too much, 100's too much, 100 each is too much, too much.
00:32:40.160 --> 00:32:41.200
I was just being a dick.
00:32:41.440 --> 00:32:43.519
First hand comes down, I get 2-7.
00:32:43.920 --> 00:32:48.559
After complaining about it for like 30 minutes, I get 2-7, win the hand, show it.
00:32:48.799 --> 00:32:49.680
Everyone goes crazy.
00:32:49.920 --> 00:32:50.799
I get paid out.
00:32:51.039 --> 00:32:53.759
Next hand, I get kings, board comes down.
00:32:53.839 --> 00:32:55.519
So I just win seven dues.
00:32:55.759 --> 00:32:57.039
I'm fucking, I feel like the goat.
00:32:57.119 --> 00:32:58.000
I just get paid out everyone.
00:32:58.079 --> 00:33:00.079
Because I was just complaining about it so bad.
00:33:00.400 --> 00:33:01.200
I win.
00:33:01.359 --> 00:33:03.039
Next hand, board, I get kings.
00:33:03.359 --> 00:33:04.799
Board comes down, it's king ace.
00:33:05.599 --> 00:33:13.519
I slow roll it, slow roll, slow roll, check, check, call, check, call, check, call to like four players on like massive pots.
00:33:14.319 --> 00:33:15.759
I'm like checking my cards.
00:33:15.920 --> 00:33:16.799
How much behind?
00:33:16.960 --> 00:33:18.240
How much behind?
00:33:18.640 --> 00:33:19.599
I'm looking at it.
00:33:19.680 --> 00:33:20.559
I don't know.
00:33:20.799 --> 00:33:21.359
I don't know.
00:33:21.519 --> 00:33:28.079
At one point I ask, I'm like, what's the longest amount of time I could wait right now before I decide to call or not?
00:33:28.240 --> 00:33:29.200
That like would be reasonable.
00:33:29.359 --> 00:33:30.160
They're like five minutes.
00:33:30.319 --> 00:33:31.920
Set a timer for five minutes.
00:33:32.240 --> 00:33:38.720
I call, flip over, iron nuts, like the the nuttiest nuts you could the best possible hand you could make right now.
00:33:38.799 --> 00:33:39.440
I flip it over.
00:33:39.519 --> 00:33:40.079
It's pretty lit.
00:33:40.160 --> 00:33:41.039
Thread you're the goat.
00:33:41.440 --> 00:33:43.839
Your streams are thread, your streams are better than school.
00:33:44.079 --> 00:33:45.440
I would hope so, by the way.
00:33:45.519 --> 00:33:46.799
Um, I'm a knit slow roll.
00:33:47.039 --> 00:33:47.599
Yeah, I am.
00:33:47.759 --> 00:33:48.319
I am.
00:33:48.640 --> 00:33:51.119
So that was fucking lit.
00:33:51.359 --> 00:33:55.200
I also want to call this out right now, which we've talked about a lot.
00:33:55.279 --> 00:33:58.079
It actually comes back to the Zach thesis a little bit.
00:33:58.160 --> 00:33:59.279
Everything comes back to Zach.
00:33:59.440 --> 00:34:08.960
I think people working in the technology industry should understand that middle America is starting to hate us in a really visceral, potentially unrecoverable way.
00:34:09.119 --> 00:34:17.920
It's totally self-defeating and irrational on the part of Middle America, but it's very real and getting worse fast.
00:34:18.239 --> 00:34:24.639
I again, I think this people are not, we've talked about this extensively, people are not giving this the credit it deserves.
00:34:24.880 --> 00:34:32.000
Shit, like they're turning us into biodiesel would be hilarious if there wasn't a huge and growing population who actually believed it.
00:34:32.159 --> 00:34:38.079
Nobody can say this hasn't been an easily identifiable problem for a while, but the industry leadership is doing its best to ignore it.
00:34:38.239 --> 00:34:43.280
Most people have completely irrational belief systems, including my in-group peers.
00:34:43.440 --> 00:34:47.679
I'm not gonna dignify their irrational beliefs or middle America's irrational beliefs.
00:34:47.840 --> 00:34:50.159
Have fun, muted by the way, have fun yelling at each other.
00:34:50.559 --> 00:34:57.119
I think the only thing that can save this right now is like meta and instinct in these assistants being really good.
00:34:57.280 --> 00:35:01.039
It's the only thing that can save how people think about AI.
00:35:01.119 --> 00:35:03.440
It that's it, it's the only thing that can save it.
00:35:03.599 --> 00:35:06.880
I I really think these things being incredibly good.
00:35:07.039 --> 00:35:11.840
I've been using the fuck out of instinct recently, and I'm just gonna say it's pretty damn good.
00:35:12.559 --> 00:35:16.159
It is pretty damn good and a blissful experience.
00:35:16.320 --> 00:35:21.039
Like it's just a joyous, quality experience when I use my instinct.
00:35:21.360 --> 00:35:22.480
I don't know what else to say about it.
00:35:22.800 --> 00:35:31.840
It misses nothing, it's proactive, it tells me what's going on in my in my inbox, it gives me suggestions for things that I should do throughout the day.
00:35:32.000 --> 00:35:35.440
And I found open claw really difficult to come back to.
00:35:35.840 --> 00:35:44.239
I found I forget about ChatGPT or use it like a glorified Google search, and my instinct gets the most activity out of me from any AI.
00:35:44.320 --> 00:35:45.840
It just gets the most activity out of me.
00:35:45.920 --> 00:35:46.719
I use it every day.
00:35:46.960 --> 00:35:51.119
Tickets, planning, scheduling, reminders.
00:35:51.440 --> 00:35:53.199
It's better than my notes app.
00:35:53.679 --> 00:35:56.800
It gets used out of me every single day when nothing else does.
00:35:56.960 --> 00:35:58.000
Nothing else does.
00:35:58.320 --> 00:36:10.559
There is a war going on right now between the Catholic Church and the Pope versus Dario Amoday Anthropic and Artificial Intelligence.
00:36:11.519 --> 00:36:13.519
Okay, and I missed this.
00:36:13.599 --> 00:36:16.079
I I has 20, I'm gonna be honest, too.
00:36:19.039 --> 00:36:21.119
This era of art this is the Pope, Pope Leo.
00:36:21.360 --> 00:36:28.880
In this era of artificial intelligence, it is becoming urgent to distinguish human art from what machines produce.
00:36:29.599 --> 00:36:44.320
There is no on ontological, how do I pronounce that ontological difference, even before an aesthetic one, between art and what a machine can generate through statistical calculation based on millions of images created by others?
00:36:44.559 --> 00:36:47.599
Algorithms lack the spark of humanity.
00:36:47.840 --> 00:36:55.599
For this reason, the church wishes to renew an alliance with artists and cultural institutions to safeguard our humanity.
00:36:55.760 --> 00:36:57.199
You need someone to catch up on AI.
00:36:57.280 --> 00:37:00.480
Almost all of this is slop, but this is an interesting one.
00:37:01.039 --> 00:37:03.760
Um, too king has better thoughts on this than me.
00:37:04.559 --> 00:37:06.719
What what exactly is this alliance?
00:37:06.800 --> 00:37:07.760
Like, what does this mean?
00:37:08.480 --> 00:37:09.360
First and foremost.
00:37:09.519 --> 00:37:12.400
What does this mean that the church wishes to renew?
00:37:12.480 --> 00:37:17.039
Like, what alliance is had between the the yeah, the Vatican and artists?
00:37:17.119 --> 00:37:19.519
Like, what what exactly does that mean?
00:37:19.840 --> 00:37:21.920
First and foremost, too king is pro pope.
00:37:22.000 --> 00:37:22.559
What does that mean?
00:37:22.639 --> 00:37:24.239
And re-renew our alliance.
00:37:24.559 --> 00:37:28.079
This is like I would like to renew my alliance between Thread Guy and the baddies.
00:37:28.320 --> 00:37:32.079
Okay, and so when I read these posts, what's exact posts?
00:37:32.320 --> 00:37:34.480
Algorithms lack the spark of humanity.
00:37:34.639 --> 00:37:41.679
I ask, I walk outside and I look around, and I think to myself, everybody out here also lacks the spark of humanity.
00:37:41.840 --> 00:37:46.079
Like everybody I walk around and everybody is is zombified, bro.
00:37:46.239 --> 00:37:51.440
Everyone is completely microwave, zombified, out of it, completely out of it.
00:37:51.519 --> 00:37:58.320
Like really, really, you walk around and I scroll Twitter and I'm just like, what does this even mean exactly?
00:37:58.639 --> 00:38:00.239
What what exactly does it mean?
00:38:00.400 --> 00:38:06.239
And you know, I am I am pretty fucking pro-Pope, but but to give you this take, like I'll give like the spark of humanity.
00:38:06.480 --> 00:38:08.480
I just say that I don't think it matters.
00:38:08.719 --> 00:38:22.559
And I've been watching specifically what's happened with these AI influencers over the last week, Higgs field influencers, and the obvious conclusion is that it just doesn't matter, spark of humanity or not.
00:38:22.800 --> 00:38:25.679
This it's infiltrating, it is just going in.
00:38:25.760 --> 00:38:29.440
I mean, bro, the the Higgs field influencers is everywhere, bro.
00:38:29.519 --> 00:38:32.800
It's fucking everywhere, it's everywhere.
00:38:32.960 --> 00:38:35.679
People don't even realize these things aren't real, they just think it's funny.
00:38:35.760 --> 00:38:38.159
It's everywhere, is actually everywhere.
00:38:38.239 --> 00:38:43.599
It's like a virus that has infected socials, and the slop canon is just infinite.
00:38:43.840 --> 00:38:48.880
The video slop canon is so infinite that it's undoable, bro.
00:38:48.960 --> 00:38:50.000
It's undoable.
00:38:50.159 --> 00:38:56.159
There's like this renaissance I feel I'm seeing on Twitter right now on the internet of people modding video games.
00:38:56.320 --> 00:38:57.440
Is anybody seeing this?
00:38:57.679 --> 00:39:00.639
The modding revolution that is happening right now.
00:39:00.719 --> 00:39:11.679
And I, you know, we've spent so much time talking about on web 3 gaming and crypto gaming and building out the future of gaming that has not happened.
00:39:12.159 --> 00:39:18.960
And as I sit here right now, I cannot help but think to myself, holy fuck, we might be pretty close.
00:39:19.119 --> 00:39:20.320
Look at look at a couple of these.
00:39:20.400 --> 00:39:23.440
Number one, training views out of Minecraft works.
00:39:30.800 --> 00:39:34.960
Number two, they put Irim Tarkov X Spider-Man.
00:39:35.119 --> 00:39:35.840
Look at this shit.
00:39:36.159 --> 00:39:37.679
What am I looking at?
00:39:41.119 --> 00:39:46.400
The craziest one by far is Elden Ring Minecraft.
00:39:46.559 --> 00:39:47.840
I put the this has how many views?
00:39:47.920 --> 00:39:50.079
This gotta have it's 22 million views.
00:39:50.320 --> 00:39:53.360
I put the entire game of Minecraft into Elden Ring as a mod.
00:39:53.440 --> 00:39:54.239
It runs on Mac.
00:39:57.920 --> 00:39:58.960
Look at this.
00:40:14.480 --> 00:40:15.840
We are really close.
00:40:16.079 --> 00:40:18.480
Then there's Mario and Ring.
00:40:26.000 --> 00:40:28.719
Then I think there's Minecraft Pokemon.
00:40:45.679 --> 00:40:46.639
I could cry to this song.
00:40:46.719 --> 00:40:48.320
This song makes me like emotional.
00:40:48.480 --> 00:40:51.519
Then there's Call of Duty Zombies in Minecraft.
00:40:52.000 --> 00:40:53.840
Mario Park Call of Duty.
00:40:56.400 --> 00:40:59.840
Then there's uh Minecraft GTA.
00:41:18.880 --> 00:41:24.800
All of this, I'm seeing like I mean, I'm seeing very little discourse about this.
00:41:24.960 --> 00:41:30.400
Everything is stolen, and this trend could be so fucking nuts.
00:41:30.559 --> 00:41:32.320
And so it brings me to this.
00:41:32.639 --> 00:41:34.079
What's the buy here?
00:41:34.320 --> 00:41:36.480
Look, and remember we watched this when it came out on stream.
00:41:36.800 --> 00:41:39.920
Short term, AI is gonna be amazing for the video game platforms.
00:41:40.159 --> 00:41:45.039
So I think AI's impact on video games is gonna be has been very misunderstood.
00:41:45.360 --> 00:41:50.400
AI world models are gonna lower the cost of developing a game by 90%.
00:41:51.119 --> 00:42:00.320
You know, if it used to cost 300 million to make a triple-A title like Call of Duty or 200 million or 100 million or whatever the number is, it goes down 90%.
00:42:01.199 --> 00:42:09.840
Um and so this might end up being really bad for companies that make video games because you're gonna have a lot more competition.
00:42:09.920 --> 00:42:17.679
But if you were a video game platform and we all know what those platforms are, this is gonna be really good for you because there's gonna be an explode explosion of content.
00:42:18.239 --> 00:42:32.079
But the idea that we are going to use AI to render a video game on the phone instead of a GPU that is on every phone, every iPad, every PC in the next five to seven years is ridiculous.
00:42:32.559 --> 00:42:33.599
So you know what he holds, right?
00:42:34.000 --> 00:42:34.719
You know what he holds?
00:42:35.119 --> 00:42:35.599
Unity.
00:42:35.920 --> 00:42:36.960
Unity is what he holds.
00:42:37.679 --> 00:42:38.159
Game maker.
00:42:39.119 --> 00:42:39.679
Game designer.
00:42:40.159 --> 00:42:40.880
He holds unity.
00:42:41.280 --> 00:42:43.039
This is some megachurch shit, I'm not gonna lie.
00:42:43.199 --> 00:42:44.320
It's up five percent today.
00:42:44.800 --> 00:42:46.239
It's so viral.
00:42:46.400 --> 00:42:50.000
It's the only thing I I did this weekend was watch slop games be made.
00:42:50.880 --> 00:42:51.280
Yeah.
00:42:51.599 --> 00:42:55.119
Other one you could maybe convince yourself is uh Roblox.
00:42:55.519 --> 00:42:56.800
I know entry, I could delete that.
00:42:57.280 --> 00:42:59.599
You could you could convince yourself that Roblox is a good buy.
00:43:00.000 --> 00:43:12.079
This chart is just like so bizarre because I in theory you could just build everything in Roblox, but I think that the take of this is a a mini trend is just ridiculous.
00:43:13.440 --> 00:43:22.800
Building games is so expensive and takes so long, and a modding renaissance of video games would bring back the love to everything.
00:43:23.360 --> 00:43:29.119
An open modding ecosystem is just like the great I mean it's like the greatest, it's the greatest thing ever, bro.
00:43:29.199 --> 00:43:29.840
I don't know what to tell.
00:43:30.000 --> 00:43:31.360
Like it actually makes it be like emotional.
00:43:31.440 --> 00:43:32.159
I'm thinking about it.
00:43:32.239 --> 00:43:34.239
It's the great it's the greatest thing ever.
00:43:34.480 --> 00:43:35.280
Is Steam public?
00:43:35.440 --> 00:43:35.840
No, right?
00:43:36.400 --> 00:43:37.199
No, Valve.
00:43:37.760 --> 00:43:38.800
No, Steam's not public.
00:43:39.039 --> 00:43:40.719
It actually just like makes me emotional, bro.
00:43:41.599 --> 00:43:44.239
Sorry, but for so long we've been suppressed.
00:43:44.559 --> 00:43:48.079
If we've been suppressed by shit games, you have been.
00:43:48.159 --> 00:43:50.000
You've just been suppressed by garbage.
00:43:50.559 --> 00:43:52.159
If steam was public, I'd full port it.
00:43:52.239 --> 00:43:54.320
If steam was public, I would full port.
00:43:54.480 --> 00:43:54.800
Yeah.
00:43:55.199 --> 00:43:57.440
Steam's probably an incredible buy.
00:43:57.679 --> 00:43:58.800
Um, that's our Monday.
00:43:58.880 --> 00:43:59.920
It's a beautiful Monday.
00:44:00.000 --> 00:44:01.920
I got some YouTube videos going up.
00:44:02.159 --> 00:44:04.079
If you don't follow me on YouTube, you should.
00:44:04.239 --> 00:44:06.960
I post all the recaps on my second channel now, Thread Guy Live.
00:44:07.039 --> 00:44:10.480
If you're a recap viewer, ThreGuy Live is where I post them.
00:44:11.119 --> 00:44:16.400
Also, if you uh are a TikTok enjoyer, I'm posting there now as well.
00:44:16.559 --> 00:44:17.440
Thread guy TikTok.
00:44:17.519 --> 00:44:18.239
It's not hard to find.
00:44:18.320 --> 00:44:19.360
We're gonna blow up there.
00:44:19.519 --> 00:44:20.159
Um, I love you.
00:44:20.239 --> 00:44:20.639
I appreciate you.
00:44:20.719 --> 00:44:23.519
If you're new here, I'm live every morning at 8 30 a.m.
00:44:24.000 --> 00:44:24.960
E S T.
00:44:25.199 --> 00:44:27.360
It's gonna be a great week, my friends.
00:44:27.519 --> 00:44:28.000
I love you.
00:44:28.159 --> 00:44:29.119
I appreciate you.
00:44:29.280 --> 00:44:30.559
I'll see you tomorrow morning.
00:44:30.719 --> 00:44:31.360
I'm out.
00:00:00.000 --> 00:00:01.439
I'm trying to get Malcolm on stream this week.
00:00:01.520 --> 00:00:02.080
Maybe we can do it.
00:00:02.240 --> 00:00:09.039
Every day, by the way, if we start the stream with just like pure pressure and make him nervous and like sweat and get all embarrassed, maybe he'll do it.
00:00:09.199 --> 00:00:14.800
If we start every morning with pure pressure, I think he'll do it if we start every morning with just pure, pure pressure.
00:00:14.960 --> 00:00:16.000
But market looks great.
00:00:16.160 --> 00:00:19.120
Bitcoin topped 87 yesterday, yesterday night.
00:00:19.280 --> 00:00:21.039
Um Zex 1330.
00:00:21.280 --> 00:00:23.839
Pomp looks just disgusting.
00:00:24.079 --> 00:00:25.519
The coins look nuts.
00:00:25.760 --> 00:00:29.920
Um the Catholic Church is going to war against anthropic.
00:00:30.320 --> 00:00:33.200
I hold cards on chain, which is nuts.
00:00:33.439 --> 00:00:36.000
Gaming isn't so much to talk about today.
00:00:36.159 --> 00:00:37.119
So much to get into.
00:00:42.479 --> 00:00:44.159
I want to start by talking about my cells.
00:00:44.240 --> 00:00:44.799
Should we just do it?
00:00:44.880 --> 00:00:45.759
Should I just start with it?
00:00:45.920 --> 00:00:48.079
I'm a little nervous to go through this this trade.
00:00:48.159 --> 00:00:49.119
I'm not gonna lie.
00:00:49.359 --> 00:00:52.399
On Friday, I sold my second.
00:00:52.560 --> 00:00:58.640
On Friday, I sold all of my second largest perps trade of all time.
00:00:59.200 --> 00:01:00.640
It was Zcash.
00:01:00.960 --> 00:01:07.840
I sold every dollar for plus$315,190.21.
00:01:08.400 --> 00:01:10.000
I sold the entire position.
00:01:10.239 --> 00:01:14.879
And first of all, I'm pretty proud of it, to be honest, because I did it in public.
00:01:15.280 --> 00:01:17.359
And yeah, feel free, feel free.
00:01:17.599 --> 00:01:19.359
Feel free, feel free, feel free.
00:01:19.519 --> 00:01:20.400
Yeah, yeah, yeah.
00:01:20.480 --> 00:01:20.959
Feel free.
00:01:21.040 --> 00:01:22.000
Feel free.
00:01:22.400 --> 00:01:24.719
I was pretty proud, I'm pretty proud of it.
00:01:25.200 --> 00:01:28.640
Again, it's my second largest perps trade ever.
00:01:28.719 --> 00:01:32.640
Number one was Pump Fun, which happened right before.
00:01:32.799 --> 00:01:35.439
So I I made$401,000 on Pump Fun.
00:01:35.599 --> 00:01:40.000
I closed it like a month ago, a little bit lower, probably than I should have.
00:01:40.239 --> 00:01:50.640
I took all of the profit and I shoved it into Zcash at 1035 on 2x leverage, and then I held it until Friday, where I sold all of it.
00:01:50.879 --> 00:02:05.519
And I want to talk through the whole trade because I think there's a reason that I sold, and then what I've done over the last day is I have re-entered, but I re-entered it in a way that I think is going to allow me to get to go the distance with this with this trade.
00:02:05.599 --> 00:02:07.680
And so I think there's a couple reasons I sold.
00:02:07.760 --> 00:02:20.879
The first reason that I sold is that I had been non-stop fully exposed to the market from pump pre-Bitcoin pop into the pop, into pump trading crazy, took profits, shoved it all into Zcash.
00:02:21.520 --> 00:02:28.000
And I felt like I just wanted to take a moment to stop what I was doing and to look at the board here.
00:02:28.240 --> 00:02:34.479
Because I don't know, my brain, I was just like I've been losing sleep for 45 days straight since the bull market started.
00:02:34.560 --> 00:02:37.360
This is part of what happens when things are going crazy.
00:02:37.439 --> 00:02:41.280
And I felt like my my brain was a little bit clouded and muddied.
00:02:41.439 --> 00:02:43.759
And when I'm waking up every morning at 4 a.m.
00:02:44.000 --> 00:02:47.599
worried about a 15-minute candle, it's like, all right, let's take a step back.
00:02:47.759 --> 00:02:49.360
Let's take a look at the board here.
00:02:49.520 --> 00:02:57.599
Let's play this objectively and let's make let's make the right decision here because I think how you play the next three to six months is potentially a life-altering event.
00:02:57.759 --> 00:02:59.120
And so that was like first and foremost.
00:02:59.199 --> 00:03:00.879
I'm like, look, I could re-enter this at any moment.
00:03:00.960 --> 00:03:05.439
Let me just click the sell and let me just reevaluate.
00:03:05.599 --> 00:03:05.919
Okay.
00:03:06.159 --> 00:03:18.240
So when I clicked the sell, I took two days off Friday, Saturday, played poker, had a sick day on Saturday, and I just really thought about what do I think is gonna happen for the rest of this cycle?
00:03:18.400 --> 00:03:19.759
How do I think this is gonna play out?
00:03:19.840 --> 00:03:43.280
I looked at the board, I looked at everything, I looked at price action, I looked at the 24 cycle, I even looked at the 21 cycle, I looked at my net worth, I evaluated where I'm at, and my basic conclusion still is the same that it's been that the RR and the upside on the five, six, seven, eight altcoins is so ridiculous.
00:03:43.520 --> 00:03:55.759
I think very few people are giving credit for how high these things can go from this point, like from today, October 4th or 5th, whatever it is, people are not giving these coins the credit they deserve for how high that they can go.
00:03:55.919 --> 00:03:56.240
Okay.
00:03:56.479 --> 00:04:23.920
I look at the perp Dex's hype lighter, I look at the privacy coins, you look at something like the AI privacy mix like a Venice, you look at Nier, you look at Zcash, you look at the um on-chain stuff like a pump fun, and I think to myself, these coins have like I don't think it would be that ridiculous end of 2026 to see hype at 250, to see Zcash at 5k, to see Nier at 1520, to see Venice at 100 plus, to see Pump at two cents.
00:04:24.079 --> 00:04:27.759
I don't think it would be that crazy to see five to ten X's across the board on these coins.
00:04:27.839 --> 00:04:29.519
And so that was my conclusion.
00:04:29.759 --> 00:04:41.120
Okay, so you come to that conclusion, and the immediate follow-up question is how do I get there with as much exposure as possible on the easiest road?
00:04:41.199 --> 00:04:47.519
Like I want to get as far as possible with as many coins as possible to as high of a target as possible, as easy as possible.
00:04:47.759 --> 00:04:57.680
Okay, and so the two trades I've made in this bull market so far, the the real two trades was it was a leverage Bitcoin position, but we'll ignore that for now was leverage Zach and Leverage Pump.
00:04:57.759 --> 00:05:00.639
Okay, both of the moves happened relatively quickly.
00:05:00.720 --> 00:05:07.439
Okay, I was in a pump trade for 27 days, then I made 400k on like 200%.
00:05:08.160 --> 00:05:16.079
And so what happened with pump, I was reflecting on it, is that I get in this trade and my target is just disgusting.
00:05:16.319 --> 00:05:18.720
I'm like target's two, three cents.
00:05:18.959 --> 00:05:26.399
It's it's you know, many, many X's from here, and it makes the move fast first week, first two weeks, and I'm on leverage.
00:05:26.720 --> 00:05:32.480
And when you're on leverage and it makes the move this quickly, the obvious thought is that you're supposed to sell right here.
00:05:32.720 --> 00:05:36.639
You're on leverage, you're paying funding, positions more volatile.
00:05:36.720 --> 00:05:39.199
You're supposed to just get out once it makes the move.
00:05:39.360 --> 00:05:45.839
But the problem is I didn't want to get out because my target is so many X is higher.
00:05:46.000 --> 00:05:51.519
Getting out here now feels like going against what I believe is gonna happen.
00:05:51.759 --> 00:06:01.360
And so rather than getting out, you stay in, you do nothing, I'm on leverage, I'm kind of sitting here like a sitting duck, and then you wait for it to retrace 20%, and then it's fuck.
00:06:01.519 --> 00:06:03.439
Now I really have no choice.
00:06:03.519 --> 00:06:06.079
I don't want to round trip, you know, half a million dollars.
00:06:06.240 --> 00:06:07.519
What am I supposed to do?
00:06:07.680 --> 00:06:19.120
You sell, and you're you almost become a forced seller of sorts because again, I'm sitting here getting cooked on funding, it's public, everyone can look at it, and I just am starting to sweat it.
00:06:19.279 --> 00:06:30.800
And so you sell the you know 0.06 or whatever 06 to 0.004, and then because you're forced to sell it because you're you're actually up too much, and then it rips back to 0.07, you don't have any coins.
00:06:30.959 --> 00:06:44.319
Now, the the the positive side of this is that I didn't just sell into cash, I sold and I shoved it all into Zcash at 1037, and I get into Zcash again, leverage position, and my target is I mean, it's ridiculous.
00:06:44.480 --> 00:06:46.720
My target is ridiculously high, right?
00:06:47.040 --> 00:06:49.920
And so Zach then goes and makes the move fast.
00:06:50.000 --> 00:06:50.560
I mean, fast.
00:06:50.639 --> 00:06:56.240
All of a sudden it's 1150, 12, 1250, three, 1300, 14.
00:06:56.399 --> 00:07:02.959
It gets as high as like, I don't know, 1600 or something like this, and it's made the move, and I'm up again, half a million dollars on leverage.
00:07:03.040 --> 00:07:11.360
I'm getting eaten by funding, and I'm supposed to sell because it made the move in two weeks or whatever, really fast.
00:07:11.680 --> 00:07:12.720
I'm up too much.
00:07:12.879 --> 00:07:20.879
I should sell, but the problem is my target is many X's higher, many, many, many X's higher.
00:07:21.279 --> 00:07:23.199
And so what do I do?
00:07:23.360 --> 00:07:27.279
I obviously don't sell because I think it's gonna go to 5k in a straight line.
00:07:27.600 --> 00:07:29.839
And I sit here, I sit here, I sit here.
00:07:29.920 --> 00:07:46.160
The Garrett Bullish posted his thesis, goes, you know, 1550, then Lee Gun Wang sells 1500, and then it's 1450, and then it's 1400, then Bitcoin likes down, and then it's 1300, and it's a Friday, and I want to go out, and my you know, 600k PL is now like 350.
00:07:46.319 --> 00:07:49.199
I'm getting eaten on funding, and I'm like, fuck my life.
00:07:49.279 --> 00:07:50.399
What am I supposed to do?
00:07:50.639 --> 00:07:52.639
Same thing, just sell it.
00:07:53.360 --> 00:07:56.720
And so I sat down over the weekend after doing this twice.
00:07:57.040 --> 00:08:02.319
Monster trades that I'm very proud of, but I did not top tick, and I don't think I played him that great.
00:08:02.399 --> 00:08:05.279
I think my entry was incredible, my execution was really, really poor.
00:08:05.360 --> 00:08:09.360
And I sat down over the weekend and I really like sat here and thought about it.
00:08:09.439 --> 00:08:11.839
And I thought to myself, what do I think is gonna happen?
00:08:12.160 --> 00:08:19.279
And what I thought was gonna happen is that my targets are correct, and I do think this is gonna happen.
00:08:19.519 --> 00:08:21.680
But you know, we've talked about this before.
00:08:21.759 --> 00:08:29.920
I feel like the market makes a conscious effort to go as high as possible with as few people in as possible, or as low as possible with as many people in as possible.
00:08:30.079 --> 00:08:35.519
It's like, how do we get Zcash at 5k with as few PLs as possible?
00:08:35.759 --> 00:08:38.240
Well, it would probably do something like what it's been doing, right?
00:08:38.399 --> 00:08:44.159
Bitcoin likes up 5%, alts go up 20, 30%, the Bitcoin chop, chop, chop, chop, chop, chop, chop over a week.
00:08:44.320 --> 00:08:46.879
Everybody loses their mind because they're trading with too much leverage.
00:08:47.039 --> 00:08:51.440
Wix Zcash down 15%, and let's do it again, and let's do it again, and let's do it again.
00:08:51.759 --> 00:09:08.320
And what I was really thinking about it on an Evans and Ansom interaction, which popped up on the screen for YouTube or Twitter, where Evans replied to Ansom and he basically was like, Look, never before have we had altcoins trade this many X's above their lows while Bitcoin is just hanging out at 85k.
00:09:08.399 --> 00:09:10.399
It's like new cycle, new targets.
00:09:10.639 --> 00:09:17.200
And so what I concluded is that I do believe these 5k, 10k targets for Zek can happen.
00:09:17.440 --> 00:09:37.519
I think nobody is giving alt RR the credit that it deserves because the most bullish part about the cycle to me continues to be that there are seven to eight coins that for the first cycle ever can stand alone as good business or good coin or investable asset that has nothing to do with Bitcoin downstream liquidity.
00:09:37.679 --> 00:09:41.440
Bitcoin is going to help, and as Bitcoin goes high, these things can go higher.
00:09:41.519 --> 00:09:52.159
But hyper liquid lighter, you know, Venice near Zcash, Pump Fun, like these assets can stand on their own as investable, can get flows, can get continuous buy pressure.
00:09:52.399 --> 00:09:56.639
Many marginal buyers higher that has nothing to do with with Bitcoin.
00:09:56.799 --> 00:09:58.720
And so, new cycle, new target.
00:09:58.799 --> 00:10:00.000
This has never really been the case.
00:10:00.080 --> 00:10:06.639
It's always been alternative liquidity valves, if you will, for when Bitcoin goes really high.
00:10:06.879 --> 00:10:16.480
And I looked at the board and I decided that Zcash is my personal pick for the best of the bunch, but I'm not gonna get to five to 10k the way that I'm trading.
00:10:16.639 --> 00:10:18.320
And so I sold it all.
00:10:18.720 --> 00:10:23.200
I took the profit plus some 500k and I shoved it into Zek Spot.
00:10:23.279 --> 00:10:29.360
I did it for the first time in by the way, um, limit orders are incredible.
00:10:29.519 --> 00:10:38.240
I shoved it into Zec Spot for the first time since I bought a spot token, like a not a spot alt I haven't bought in like over a year.
00:10:38.480 --> 00:10:49.120
And my thought process basically like I'm gonna have a big enough tech spot bag where I can sit through 25% up, down, up, down, up, down.
00:10:49.279 --> 00:11:02.559
I'm going to keep enough cash to do what I want to do, which is trade perps, and I'm going to take profit and I'm going to stack it into Spot Zec as my denominator for multiple X's.
00:11:02.639 --> 00:11:04.559
Okay, you think about the 2024 cycle.
00:11:04.639 --> 00:11:06.559
Who made the most money in 2024?
00:11:06.720 --> 00:11:12.399
The people that made the most money in 2024 bought a fuck ton of Solana.
00:11:12.960 --> 00:11:24.320
They took their Solana as casino chips, they traded on-chain, they traded meme coins, they printed, they took profit back in Solana, they took the profit, bought more memes, made a bunch of money, put the profit back in the Solana.
00:11:24.399 --> 00:11:26.399
Solana went from$8 to$260.
00:11:26.559 --> 00:11:26.879
Okay.
00:11:27.200 --> 00:11:34.159
And so I think if you trade perbs or trade on-chain super clean and super sharp, you can make a bunch of money.
00:11:34.480 --> 00:11:48.720
But if you do that and you stack it into a denominator that legs up multiple times throughout the cycle, your seven, you know, your three million dollars turns into$10, your$100K turns into$500, your$5K turns into$25.
00:11:48.799 --> 00:11:53.600
Like your RR, if you are right, is extraordinarily high.
00:11:53.840 --> 00:12:01.519
And my biggest leak so far is that I am right about what I buy and when I buy, but my execution is horrible.
00:12:01.600 --> 00:12:02.559
How do I fix that?
00:12:02.720 --> 00:12:03.279
I'm right.
00:12:03.360 --> 00:12:12.720
I I basically have not lost money on a single trade except for the moment that I bottom sold VVV on that stupid fucking ETH announcement, which is whatever.
00:12:12.799 --> 00:12:15.600
I've basically been right in every trade, but my execution has been horrific.
00:12:15.759 --> 00:12:16.080
Okay.
00:12:16.320 --> 00:12:19.679
And so why Zach out of all of our potential options?
00:12:19.919 --> 00:12:22.639
And I think holding a basket is correct.
00:12:22.960 --> 00:12:24.559
Look at what you know, Pump has done.
00:12:24.720 --> 00:12:30.799
Holding a basket is obviously correct, but I like to focus on one more than the board.
00:12:31.360 --> 00:12:36.960
And I think that Zek just has a mandate of heaven right now.
00:12:37.200 --> 00:12:38.960
I think Zek just has a mandate of heaven.
00:12:39.120 --> 00:12:46.720
And I think this is something that happens every over every time period, a certain coin just gets like handed the mandate of heaven.
00:12:47.360 --> 00:12:49.120
Zek has it right now.
00:12:49.759 --> 00:12:51.840
And I mean, I think there's a bunch of reasons.
00:12:52.080 --> 00:12:56.960
I'm just gonna outline them because YouTube is watching this, random people on Twitter.
00:12:57.039 --> 00:12:59.519
Yo, TJR viewers are watching this chat to TJR.
00:13:00.000 --> 00:13:02.000
I think there's like four things or whatever, right?
00:13:02.080 --> 00:13:05.679
It's like number one, as we know, I was actually explaining this to someone the other day.
00:13:05.840 --> 00:13:09.759
It's like number one combats basically every problem with Bitcoin.
00:13:09.919 --> 00:13:17.440
Quantum resistant, which is something people are really scared of right now, although the discourse has disappeared with Bitcoin being over 85.
00:13:17.600 --> 00:13:26.000
It's private, and I think the privacy narrative, again, right now in particular, is as important as it's ever been.
00:13:26.159 --> 00:13:37.120
2028, AOC, potentially, the flock cameras, CBDCs, what's going on in Europe, all of these like tailwinds are happening on the privacy side.
00:13:37.200 --> 00:13:42.320
It has the same, you know, 10-year, decade-long proof of work distribution.
00:13:42.480 --> 00:13:50.080
And I think more than anything, more than anything, it just trades incredible.
00:13:51.120 --> 00:13:53.919
It just trades incredible, it just trades incredible.
00:13:54.000 --> 00:13:57.759
People always ask, like, why why Monero, you know, why not Monero over Zcash?
00:13:57.840 --> 00:13:58.879
Why not XMR?
00:13:59.039 --> 00:14:01.279
It just trades incredible.
00:14:01.440 --> 00:14:02.879
It just wants to go high.
00:14:02.960 --> 00:14:09.679
And I think if you hate a coin and you don't understand why it's going up and it just continues to leg up, you should just accept that it wants to go.
00:14:10.000 --> 00:14:10.639
Like you look at pump.
00:14:10.799 --> 00:14:15.039
So many people have hated pump, they don't get it, they think the numbers are fake, but it just legs up.
00:14:15.120 --> 00:14:23.039
And when the thing legs up 20, 30, 40, 50% day after day after day after day after day, at a certain point you have to just look at it, you gotta just buy some.
00:14:23.200 --> 00:14:26.879
It's like Mando said this to us one day, and I'll never forget it.
00:14:26.960 --> 00:14:31.200
It's like, you can always be in the best coin, don't let anyone ever convince you otherwise.
00:14:31.360 --> 00:14:33.759
You can always just be in the best coin.
00:14:34.159 --> 00:14:37.279
Don't let anyone convince you otherwise.
00:14:37.600 --> 00:14:41.600
And I want to just trade in a position where I'm always in the best coin.
00:14:41.759 --> 00:14:44.399
And so it's kind of my thought about this on why Zach.
00:14:44.559 --> 00:14:58.080
Again, I think um as it relates to art of alts, like risk reward of alts to hear, Zcash and these couple others have just perfect marginal buyers higher, infinite and the right ones to buy higher.
00:14:58.240 --> 00:14:59.519
Hype has it, you know.
00:14:59.840 --> 00:15:01.279
Who's the marginal buyer of hyper liquids?
00:15:01.440 --> 00:15:05.279
Like, I don't know, Stanley Druckenmiller, maybe the arguably the greatest investor of all time.
00:15:05.440 --> 00:15:06.879
Stanley Druck and Miller, how about that?
00:15:06.960 --> 00:15:08.480
Paul Tudor Jones, how about that?
00:15:08.639 --> 00:15:11.919
I think Zcash and a couple of these other ones are the same way.
00:15:12.159 --> 00:15:20.720
And I also think, and what has given me confidence in a lot of these alts is the flowing of liquidity from bad coins to good coins as well.
00:15:20.960 --> 00:15:41.519
Like, what is very notable about price action this cycle is that Bear Chain, you know, no shade at anyone, but Bear Chain is nowhere close to an all-time high and like um Celestia, nowhere close to an all-time high in Sei and Sue and Avax and a lot of these coins, ADA, Cardano, like all of these coins are nowhere near an all-time high.
00:15:41.679 --> 00:15:49.759
And I think there's no reason as to why the money and flows wouldn't continue to focus on the coins that they have been focused on.
00:15:50.000 --> 00:16:02.159
And so I also think there is this level of split of CT right now between people that are trading on-chain and buying memes and people that are buying mostly alts, trading perps.
00:16:02.639 --> 00:16:03.600
I think you can do both.
00:16:03.679 --> 00:16:27.519
I really believe that you can do both, but I think the game has like separated between you are buying new pairs and low caps, you know, five mil range and holding to 20, 30, 40, 50 mil, or you are buying alts because this 50 to 100 to two to 250 to 300 pocket has just not traded well, right?
00:16:27.840 --> 00:16:39.600
They trade similar on the way up to the way the alts have traded, where it's like um Zcash or VVV or whatever, AI coin or ponds goes up only for like two weeks.
00:16:39.759 --> 00:16:41.519
Everyone gets obsessed with it.
00:16:41.759 --> 00:16:48.320
It's all anyone is talking about, all of the discourse printing stupid volume, just going up at a straight line.
00:16:48.399 --> 00:16:53.919
After the two-week lockout trend, things kind of stop and attention flows elsewhere.
00:16:54.000 --> 00:16:55.679
And there's the new coin, there's the new alt.
00:16:55.919 --> 00:16:56.559
Maybe it was hype.
00:16:56.639 --> 00:17:02.879
Now we're doing lighter, now we're doing Venice, or it's on-chain, we're doing you know, AI coin and pawns.
00:17:02.960 --> 00:17:05.920
Now we're doing like paid or agency or whatever it is.
00:17:06.160 --> 00:17:16.799
But the only difference is that on the alts, the attention and the money flows back, and it has now for three, four, five legs, and on-chain it sort of just hasn't.
00:17:17.200 --> 00:17:34.240
And so I think I wrote about this in a tweet yesterday that I think the like buying on-chain coins in the multi-hundred mil range is really difficult when a couple of these alts have the like untapped price targets that I think that they have.
00:17:34.400 --> 00:17:45.680
And so I think you're either trading low caps or you know, relatively low market cap on-chain, or you were just like fully focused on perps and spot alts.
00:17:45.839 --> 00:17:54.079
And the way that I'm thinking about playing it right now is fully focused on on mostly focused on perps and spot alts.
00:17:54.160 --> 00:17:56.799
And so I bought a ton of Zach spot.
00:17:57.440 --> 00:18:04.880
I bought a little bit of a perps position because I just couldn't help myself, and then I would really like to buy at some point, maybe now.
00:18:05.519 --> 00:18:06.799
I wanted to kind of go slow on this.
00:18:06.880 --> 00:18:11.359
I didn't want to get like ahead of myself, play pump, and then play the perp Dexes.
00:18:11.440 --> 00:18:14.720
I've been a little bit frustrated with Venice because I got stopped out so stupid.
00:18:14.799 --> 00:18:21.920
I I let myself get capitulated on the ETH FUD or whatever it was, where ETH launched that like ZK situation.
00:18:22.079 --> 00:18:26.319
But I see no reason that things wouldn't continue to trade the way that they have.
00:18:26.400 --> 00:18:35.519
And so my biggest risk is not being able to make it as high as I should or could or believe that it will because I have too much leverage.
00:18:35.680 --> 00:18:38.000
That is a pro like that is a agreed problem.
00:18:38.160 --> 00:18:40.160
And again, it you know, it's difficult to be a pig.
00:18:40.240 --> 00:18:41.599
What's the what's the Drucken Miller?
00:18:41.759 --> 00:18:49.839
It takes takes guts to be a pig or something like this, but only in spots, only in spots, and I would I want to get as high as as I think that they can go.
00:18:50.079 --> 00:18:58.400
And so that's basically what I have done after stacking all of my Zcash this weekend on Friday.
00:18:58.559 --> 00:19:00.640
But that's what I'm doing, that's what I did.
00:19:00.799 --> 00:19:02.240
Let's have a good fucking stream.
00:19:02.400 --> 00:19:03.680
I just bought this chart.
00:19:04.000 --> 00:19:05.039
I don't know what to tell you.
00:19:05.119 --> 00:19:22.079
I bought this chart because I it just feels uncomfortably similar to the pump thing to me, where everyone's building this gotcha ecosystem, and it's not again, it's a smaller market than Memecoins by I think by a significant margin.
00:19:22.240 --> 00:19:30.960
But everyone's trying to build one, and what's going on with Pokemon right now is like there's like criminal stuff happening in the Pokemon market, it's just like unbelievable.
00:19:31.519 --> 00:19:37.119
And I look at this and I'm like, dude, people are I see it on my feed all day, people pulling Pokemon cards.
00:19:37.200 --> 00:19:39.200
All I see it all day, people pulling it.
00:19:39.440 --> 00:19:39.839
All day.
00:19:39.920 --> 00:19:41.680
I'm getting I'm seeing posts about it.
00:19:41.839 --> 00:19:46.079
And this looks like this, and I'm like, man, that is just looks sticky.
00:19:46.319 --> 00:19:46.799
I don't know.
00:19:46.960 --> 00:19:48.000
People aren't stopping.
00:19:48.160 --> 00:19:50.079
And so I I bought this chart.
00:19:50.240 --> 00:19:51.200
I bought it, I did.
00:19:51.279 --> 00:19:55.440
I bought this chart right around here, right around here, and I you know, I saw like I saw this.
00:19:55.680 --> 00:19:57.279
This is the type of shit that's happening right now.
00:19:57.440 --> 00:20:00.160
The last recorded sale in this Lugia was 5k.
00:20:00.559 --> 00:20:03.200
There's an auction live right now with bids at$4 million.
00:20:03.680 --> 00:20:07.039
New money in this hobby will apparently pay anything for low pops.
00:20:07.279 --> 00:20:18.640
I mean, it's it's like it's very similar to NFTs, very similar to NFTs from the perspective of the supply is so low that any rich buyers coming through wanting to make an impact.
00:20:18.960 --> 00:20:27.759
You I mean, you could just rip it so high with so little money because there's not that much supply of this like low low pop stuff, and everyone's buying them for these gotcha platforms.
00:20:27.920 --> 00:20:30.799
The gotcha platforms never really have to let them hit the hit the market.
00:20:30.960 --> 00:20:34.240
Someone like a Coinbase comes through and is like, we want supply.
00:20:34.319 --> 00:20:35.920
There's just not really supply.
00:20:36.160 --> 00:20:41.200
I'm also sitting here and I'm like, fuck, I I want rare art, I want rare books.
00:20:41.519 --> 00:20:48.400
If we're gonna go scarce mode on collectibles, physical collectibles, it shouldn't just be Pokemon.
00:20:48.640 --> 00:20:49.680
I want I want all of it.
00:20:49.759 --> 00:20:51.279
I want books, I want art.
00:20:51.519 --> 00:20:54.480
It's like I think it's all gonna Would you really wanna buy OpenTe?
00:20:54.720 --> 00:20:57.680
They forget OpenT was worth$15 billion at the at the Pico.
00:20:57.920 --> 00:21:03.839
15 15 billion Pico and so we're gonna have a pretty electric stock market open, I think.
00:21:04.079 --> 00:21:09.839
All right, um, the stock market opens for Monday, October 5th, 2026, and 30 seconds as always.
00:21:09.920 --> 00:21:11.359
Stock market open is powered by Phantom.
00:21:11.519 --> 00:21:17.279
Powered by Phantom because anything you see during the segment, any coin, stock, meme, per, whatever it is that you want to trade.
00:21:17.359 --> 00:21:21.599
If you could trade it, you can trade it on Phantom Wallets.
00:21:22.160 --> 00:21:28.319
Okay, it is 9 30 on Monday, October 5th, 2026.
00:21:28.720 --> 00:21:32.720
Day of the guaranteed four-year cycle bottom.
00:21:32.960 --> 00:21:39.920
And the stock market is officially Open! Let's go, let's go, let's go, let's go, let's go.
00:21:40.000 --> 00:21:42.880
Uh SPX opens up 0.7.
00:21:43.279 --> 00:21:44.480
Uh, we'll just go off the spy.
00:21:44.640 --> 00:21:46.319
Spy opens up 0.04 on my chart.
00:21:46.480 --> 00:21:47.440
SPX thing is broken.
00:21:47.519 --> 00:21:48.880
NASDAQ is down 0.31.
00:21:48.960 --> 00:21:50.240
The Dow is down 0.16.
00:21:50.400 --> 00:21:51.680
Photonics ETF is flat.
00:21:51.759 --> 00:21:54.400
Neo cloud ETF is up 0.3.
00:21:54.799 --> 00:21:56.319
Soxwell is down 1.3.
00:21:56.400 --> 00:21:57.200
It's green on the open.
00:21:57.279 --> 00:21:58.640
IGV is up 0.4.
00:21:59.039 --> 00:21:59.680
Mags are up.
00:22:00.559 --> 00:22:05.200
Dram is down.2 and the IBB is flat on the open.
00:22:05.359 --> 00:22:11.519
Bitcoin never goes green on New York open, but you know it doesn't matter until 10:30, 85, 8, 5, 9.
00:22:11.599 --> 00:22:12.960
Zach is 1337.
00:22:13.039 --> 00:22:14.079
Venice is 29.
00:22:14.400 --> 00:22:16.960
Pump.00638.
00:22:17.200 --> 00:22:18.319
Hype is 92.
00:22:18.480 --> 00:22:20.000
Perd is up five.
00:22:20.319 --> 00:22:23.680
Silver is up two percent today.
00:22:23.839 --> 00:22:24.720
Sol is down one.
00:22:24.960 --> 00:22:27.599
Stretch 995.
00:22:28.000 --> 00:22:34.400
We got an announcement that Michael Saylor they bought 334 Bitcoin.
00:22:34.640 --> 00:22:37.599
Repurchased 176 million dollars of stretch.
00:22:37.839 --> 00:22:39.680
Horrific fill once again.
00:22:39.759 --> 00:22:41.599
But that's our guy, Michael Saylor.
00:22:41.680 --> 00:22:44.880
30 year is up 0.6, continue to just be green.
00:22:44.960 --> 00:22:46.319
The 10 years up 0.47.
00:22:46.559 --> 00:22:47.680
The two year is flat.
00:22:47.839 --> 00:22:51.200
Bix is up four, gold is up 0.3, copper is up 0.5.
00:22:51.839 --> 00:22:53.839
Nero's up 1.7.
00:22:54.400 --> 00:22:54.799
Wow.
00:22:54.960 --> 00:22:58.880
Nero's up 2.3 and XRP is down 0.6%.
00:23:00.319 --> 00:23:09.920
Brent oil is down 1.33 on the daily, and crude oil is down 2.07 on the daily fence.
00:23:10.000 --> 00:23:10.799
Raytheon is red.
00:23:10.960 --> 00:23:11.839
Palantir's up one.
00:23:12.079 --> 00:23:14.799
Northrop is flat, and Lockheed Martin's down 0.47.
00:23:15.200 --> 00:23:21.119
Biggest gainer on the day is Cerebris because Sama made a tweet, I believe.
00:23:21.359 --> 00:23:23.759
There was some speculation about our partnership with Cerebrus.
00:23:23.839 --> 00:23:24.960
Cerebris is a close partner.
00:23:25.039 --> 00:23:29.039
We have deep engagement pushing the frontiers of speed.
00:23:29.200 --> 00:23:33.359
If you were to chart this, you would see a good entry, I think.
00:23:33.839 --> 00:23:34.720
Yeah, look at that.
00:23:34.960 --> 00:23:35.920
Pico bottom.
00:23:36.000 --> 00:23:36.960
That was the bottom.
00:23:37.200 --> 00:23:39.279
Uh DG check on chain.
00:23:39.359 --> 00:23:39.920
We'll get there.
00:23:40.079 --> 00:23:45.599
It's up eight, nine percent in a straight line and nine point three on the daily since the Sam Altman tweet.
00:23:45.680 --> 00:23:47.279
That would have been a good trade over the weekend.
00:23:47.359 --> 00:23:48.240
Hyper liquid.
00:23:48.400 --> 00:23:50.000
Lumentum's up 2.2.
00:23:50.240 --> 00:23:51.200
MSFT.
00:23:51.359 --> 00:23:52.079
Microsoft is up two.
00:23:52.319 --> 00:23:54.000
Meta is up one, 735.
00:23:54.160 --> 00:23:56.319
Nvidia's up one, 236.
00:23:56.799 --> 00:23:59.200
Hidden all-time high basically 238 Friday.
00:23:59.279 --> 00:24:00.160
Oracle's up one.
00:24:00.640 --> 00:24:02.640
Barvell's up.3, Broadcom's up 0.5.
00:24:02.880 --> 00:24:03.920
Cloudflare's up 0.3.
00:24:04.160 --> 00:24:04.720
Arms flat.
00:24:04.799 --> 00:24:05.279
Google flat.
00:24:05.359 --> 00:24:06.319
SpaceX is up one.
00:24:06.559 --> 00:24:07.440
Jesus Meta.
00:24:07.519 --> 00:24:08.000
Not bad.
00:24:08.079 --> 00:24:09.519
Um Sandis is up one.
00:24:09.920 --> 00:24:11.119
Balloon Energy down 0.5.
00:24:11.200 --> 00:24:11.759
Netflix is flat.
00:24:11.839 --> 00:24:12.720
Qcom down 0.6.
00:24:12.960 --> 00:24:13.839
Amazon down 0.4.
00:24:14.079 --> 00:24:15.039
Apple up 0.5.
00:24:15.599 --> 00:24:16.799
Pretty strong.
00:24:16.960 --> 00:24:20.720
Uh when does the iPhone duo release date?
00:24:20.880 --> 00:24:21.920
October 25, maybe?
00:24:22.079 --> 00:24:24.000
Friday, October 23rd.
00:24:24.799 --> 00:24:30.559
I am obviously, obviously, obviously buying this the second it comes out.
00:24:31.200 --> 00:24:33.200
I'm buying it the second it comes out.
00:24:33.279 --> 00:24:36.400
Um, Robostrategy is down 0.5, IBM is down 0.75.
00:24:36.559 --> 00:24:37.440
Chat, are you buying one?
00:24:37.519 --> 00:24:38.079
Are you buying one?
00:24:38.160 --> 00:24:38.640
Yes or no?
00:24:38.799 --> 00:24:41.359
Micron's down one, Tesla down 1.5.
00:24:41.599 --> 00:24:43.119
Okay, Hanix ADR is down one.
00:24:43.279 --> 00:24:44.960
Red wire is down 2.75.
00:24:45.119 --> 00:24:45.440
Fuck.
00:24:45.599 --> 00:24:45.920
Why?
00:24:46.079 --> 00:24:47.279
SpaceX is green, isn't it?
00:24:47.359 --> 00:24:47.680
Yeah.
00:24:47.839 --> 00:24:49.680
Wait, I was uh drafting, buying what?
00:24:49.759 --> 00:24:50.720
Uh iPhone Duo.
00:24:50.799 --> 00:24:52.079
Intel's down 2.5.
00:24:52.480 --> 00:24:54.880
Uh space is getting crushed, except for SpaceX.
00:24:55.119 --> 00:24:56.160
Shaws is down five.
00:24:56.240 --> 00:24:57.119
AMD's down one.
00:24:57.440 --> 00:24:58.880
Tesla is down one.
00:24:59.200 --> 00:25:01.680
Um Bitcoin doing fine.
00:25:01.839 --> 00:25:04.079
Uh crypto stocks, a little bit of SaaS.
00:25:04.240 --> 00:25:07.359
Everything between DraftKings biggest gainer, four and a half.
00:25:07.599 --> 00:25:08.720
Zeta's up three and a half.
00:25:08.799 --> 00:25:09.839
Reddit's up two and a half.
00:25:09.920 --> 00:25:11.200
MSTR 163.
00:25:11.279 --> 00:25:12.799
Coinbase up two and a half.
00:25:12.960 --> 00:25:14.880
Um, remember who we cared about the Clarity Act?
00:25:14.960 --> 00:25:15.680
It's funny how that works.
00:25:15.759 --> 00:25:25.279
Sweet Cream's up two, Uber's up two, snap is up two, Shopify's up two and a half, BMR is up two, circle's up two, Roblox up 1.3, Lily's up 1.7, Unity's up 1.5, Ms.
00:25:25.359 --> 00:25:28.559
is up one, hood's up 0.5, take two is flat.
00:25:28.799 --> 00:25:32.799
God, this is traded so market thinks GTA 6 is gonna be a flop, dude.
00:25:32.880 --> 00:25:34.160
I don't know how else to put it.
00:25:34.400 --> 00:25:38.319
Market is thinking GTA 6 is gonna be a flop.
00:25:38.720 --> 00:25:42.160
I'm obviously buying it, but I'm on pro pro flop.
00:25:42.319 --> 00:25:42.880
I just am.
00:25:42.960 --> 00:25:44.000
I just am.
00:25:44.160 --> 00:25:45.440
I think that dude's a good option.
00:25:45.759 --> 00:25:46.720
I don't know.
00:25:47.839 --> 00:25:48.480
I don't know.
00:25:48.640 --> 00:25:54.720
Uh Corey's down 1.25, Nebius is down 1.7, Nike's down two again, non-stop.
00:25:54.799 --> 00:25:56.559
Every day it goes down.
00:25:57.039 --> 00:25:59.359
Um let's go lower time frame right now.
00:25:59.519 --> 00:26:01.680
Five minutes into open.
00:26:02.079 --> 00:26:07.119
Iran is down two, Lululemon's down two, AMC is down two, butterfly's down 2.3.
00:26:07.440 --> 00:26:08.240
Where are coins?
00:26:08.400 --> 00:26:08.720
Coins.
00:26:08.799 --> 00:26:11.440
Bitcoin goes green, backup of 86 at least.
00:26:11.519 --> 00:26:12.079
It looks crazy.
00:26:12.319 --> 00:26:14.480
GTA 6 wishes they released three days ago.
00:26:14.559 --> 00:26:15.119
I can't lie.
00:26:15.279 --> 00:26:27.279
All right, all coins, biggest gainers, kinetic lighters up six, uh Thina's up five, bear chain's up three, Ave's up three, Pepe's up two and a half, Peng's up two and a half, Nier's up two, grass is up two, is up one, Mega Eath is up half.
00:26:27.839 --> 00:26:29.119
What the fuck happened to that?
00:26:29.200 --> 00:26:30.720
Uh, four coins up one.
00:26:31.200 --> 00:26:37.440
Biggest loser is Mona down five, pump down two, Avax down one point three, plasma down one point three.
00:26:37.519 --> 00:26:38.000
Look at this.
00:26:38.160 --> 00:26:40.880
This is a Tom Lee is a crowd favorite.
00:26:41.039 --> 00:26:45.440
This is a get divorced, wife changing coin, you will get divorced.
00:26:45.680 --> 00:26:49.200
Reject, reject, reject, reject, reject, reject, reject.
00:26:49.440 --> 00:26:50.799
Fuck control z.
00:26:50.960 --> 00:26:55.519
Reject, reject, reject, reject, reject, reject, reject again.
00:26:55.680 --> 00:26:57.920
This one getting rejected is crazy to me.
00:26:58.400 --> 00:27:01.680
This one, if I bought this breakout, I would never take this coin again.
00:27:02.000 --> 00:27:10.799
After you had like legit one, two, three, four, five, six, seven, eight, nine tries at this line.
00:27:11.039 --> 00:27:13.200
On try number 10, you just quit.
00:27:13.279 --> 00:27:13.519
I think.
00:27:13.680 --> 00:27:14.559
How do you not quit?
00:27:14.640 --> 00:27:16.160
How do you actually not quit this coin?
00:27:16.400 --> 00:27:17.920
You you you do, you're done.
00:27:18.480 --> 00:27:20.480
Yeah, they're parting with parting with Jane Street.
00:27:20.640 --> 00:27:21.119
All right, where are we?
00:27:21.200 --> 00:27:24.400
Uh Magn's point six, dram's flat, IBB is up.2.
00:27:24.799 --> 00:27:26.559
IGV is strong, software is really strong.
00:27:26.640 --> 00:27:27.440
Look at this chart, by the way.
00:27:27.519 --> 00:27:28.000
It's ass.
00:27:28.240 --> 00:27:29.839
That is a wild looking chart.
00:27:29.920 --> 00:27:31.680
You basically draw a line like right here, right?
00:27:31.920 --> 00:27:33.200
Crypto Ethan, you long.
00:27:33.599 --> 00:27:34.559
Pretty wild chart.
00:27:34.799 --> 00:27:38.720
Um, socks was down two, Q's up 0.3, NASDAQ is flat.
00:27:38.880 --> 00:27:46.960
All right, um, on-chain decks screener cards is my biggest holding on chain right now.
00:27:47.119 --> 00:27:47.759
Looks great.
00:27:47.920 --> 00:27:49.359
Are you going to token?
00:27:49.440 --> 00:27:50.079
No, I'm not.
00:27:50.160 --> 00:27:50.559
I'm not.
00:27:50.720 --> 00:27:52.480
Um, boner looks crazy too.
00:27:52.640 --> 00:27:54.160
70 mil in this is nuts.
00:27:54.240 --> 00:27:56.960
Uh hate coin 64.
00:27:57.519 --> 00:27:59.119
Ansome 157.
00:27:59.200 --> 00:28:00.559
Bull pattern still intact.
00:28:00.720 --> 00:28:02.240
We could draw a double tail on that.
00:28:02.480 --> 00:28:04.960
Z cat 41 looks awful.
00:28:05.279 --> 00:28:06.880
Marscoin also looks awful.
00:28:07.039 --> 00:28:09.519
Owen really came back to show the three worst coins ever.
00:28:09.680 --> 00:28:11.599
Shout out to Big O, but man.
00:28:11.920 --> 00:28:12.960
Called it quits.
00:28:13.119 --> 00:28:17.519
Retirement after two years to show the worst three coins ever.
00:28:17.759 --> 00:28:18.480
I mean ever.
00:28:18.720 --> 00:28:20.240
Useless 230.
00:28:20.400 --> 00:28:22.799
Um, super e oh no, wrong super e no.
00:28:22.960 --> 00:28:24.400
FWA's 13.
00:28:24.960 --> 00:28:25.680
You lie.
00:28:26.079 --> 00:28:26.880
Kate coin.
00:28:27.119 --> 00:28:28.640
Oh, what did they do to this?
00:28:28.880 --> 00:28:30.240
Agency 16.
00:28:30.319 --> 00:28:33.759
I think it's just gonna be hard to reprice launch pads from here.
00:28:34.640 --> 00:28:35.599
I don't know.
00:28:35.839 --> 00:28:37.359
Knee 41.
00:28:37.599 --> 00:28:41.119
I'll tell you what, I was a little bit early on this short, huh?
00:28:41.359 --> 00:28:43.200
I was a little early on this short.
00:28:43.759 --> 00:28:44.640
I was a little early.
00:28:44.799 --> 00:28:46.160
So was Loracle, yeah.
00:28:46.400 --> 00:28:47.759
I I hated this coin.
00:28:47.839 --> 00:28:49.279
I wanted to short it so bad.
00:28:49.440 --> 00:28:50.480
I was a little early.
00:28:50.640 --> 00:28:54.559
I I do I'm not much of a shorter because I same thing happened with me and lighters.
00:28:54.720 --> 00:28:56.480
I expect it to go to zero in a straight line.
00:28:56.640 --> 00:28:58.240
It should go to zero right now.
00:28:58.319 --> 00:28:59.279
I'm I'm short.
00:28:59.440 --> 00:29:01.599
It should die right now, and it just doesn't.
00:29:01.759 --> 00:29:03.680
Obviously, that's not how it trades.
00:29:03.920 --> 00:29:05.759
Um, especially to the short side.
00:29:05.920 --> 00:29:07.759
Cash cat 156.
00:29:08.079 --> 00:29:09.359
AI looks terrible.
00:29:09.519 --> 00:29:10.079
Look at this.
00:29:10.240 --> 00:29:12.559
I don't know why I circled that, but this is a nuts one.
00:29:12.799 --> 00:29:14.160
Ask 34.
00:29:14.480 --> 00:29:15.039
This is funny.
00:29:15.119 --> 00:29:16.480
I I held this coin at one point.
00:29:16.559 --> 00:29:18.880
Um, Anson's been showing this and not wash.
00:29:18.960 --> 00:29:19.279
This is good.
00:29:19.519 --> 00:29:19.839
I like that.
00:29:19.920 --> 00:29:20.640
This is a cool coin.
00:29:20.720 --> 00:29:22.319
Somebody showed this pretty early in our chat.
00:29:22.480 --> 00:29:24.400
IMD at 41.
00:29:24.720 --> 00:29:25.519
This is a cool coin.
00:29:25.599 --> 00:29:26.079
It really is.
00:29:26.319 --> 00:29:28.400
Paid is oh my god, look at that.
00:29:28.720 --> 00:29:29.759
Forever cooked.
00:29:30.000 --> 00:29:31.680
And anything else?
00:29:32.000 --> 00:29:32.640
Stonk.
00:29:32.880 --> 00:29:33.839
What about Orbio?
00:29:34.160 --> 00:29:37.039
I've been looking for the not bad.
00:29:37.200 --> 00:29:38.559
I don't even like really know what this is.
00:29:38.960 --> 00:29:42.880
I don't should I really know I I feel like I I'm supposed to know what this is, and I don't really.
00:29:43.039 --> 00:29:47.039
Hyperliquid perps live on the Bloomberg Terminal.
00:29:47.359 --> 00:29:49.119
Does anybody ever use Bloomberg Terminal?
00:29:49.359 --> 00:29:50.160
This is pretty lit.
00:29:50.240 --> 00:29:50.960
I'm not gonna lie.
00:29:51.119 --> 00:29:53.519
It's in front of everybody's face every day.
00:29:53.680 --> 00:29:57.359
Also, Bloomberg is talking about paper trade, which is pretty fucking sick.
00:29:57.519 --> 00:30:02.559
And then Eric from Boner made Bloomberg talking about Boner Coin.
00:30:02.640 --> 00:30:04.000
Boner coin actually looks pretty nuts.
00:30:04.160 --> 00:30:09.920
I played poker this weekend with a pro poker player, turned trader, actually.
00:30:10.240 --> 00:30:13.839
And he thinks it's so fascinating, which is really cool.
00:30:14.079 --> 00:30:16.559
And I had a I actually had a lot of fun playing poker this weekend.
00:30:16.640 --> 00:30:17.759
I was biggest winner, yeah.
00:30:17.920 --> 00:30:18.559
Mateos.
00:30:18.720 --> 00:30:19.680
He's the guy's sick.
00:30:19.759 --> 00:30:20.480
I I really like him.
00:30:20.559 --> 00:30:21.519
Um maybe I'll bring him on.
00:30:21.599 --> 00:30:23.359
Uh hopefully he's working with Flood right now.
00:30:23.519 --> 00:30:25.039
Hopefully, I can bring him on stream one day.
00:30:25.119 --> 00:30:28.480
I want to give him some some time to just like get his shit together.
00:30:28.720 --> 00:30:32.319
But I was the biggest, I was the biggest winner over a three-hour session.
00:30:32.559 --> 00:30:33.680
And you know, it's interesting.
00:30:33.759 --> 00:30:36.960
We were talking about poker versus trading.
00:30:37.119 --> 00:30:39.200
And he thinks trading is harder than poker.
00:30:39.359 --> 00:30:47.759
I think when you think about the two differences, it's like it's much more black and white, I think, of what you're supposed to do in any given moment with poker.
00:30:47.839 --> 00:30:52.720
Whereas trading, it's very much like, I don't know, just feels like I should do it.
00:30:52.880 --> 00:30:56.160
Type, you know, trading you have to you have to sort of like extrapolate many steps ahead.
00:30:56.319 --> 00:30:58.640
Poker's like, I have a good hand, I'm supposed to three bet.
00:30:58.799 --> 00:31:00.079
And that's just like what you do.
00:31:00.319 --> 00:31:02.240
And we're kind of talking about it back and forth.
00:31:02.400 --> 00:31:09.119
There's definitely more, there's infinitely more variables in trading than there are in poker.
00:31:09.279 --> 00:31:14.000
I kind of think poker's harder because I don't play, but you know, uh trading probably is objectively harder.
00:31:14.319 --> 00:31:21.200
However, what I really like to you know think about every time I play poker is I I was the biggest gainer.
00:31:21.519 --> 00:31:24.160
I was not the best poker player at the table.
00:31:24.400 --> 00:31:27.359
And I just won basically you just win a couple flips, right?
00:31:27.440 --> 00:31:27.839
Really, right?
00:31:27.920 --> 00:31:32.480
You won a couple 51 49s and 49-51s, and you leave the biggest gainer.
00:31:32.960 --> 00:31:39.920
And versus trading, I think you can just feel so much more confident in your spot.
00:31:40.079 --> 00:31:46.880
Like your ability to gas a good spot in trading with a high percentage successive chance, it's just way higher.
00:31:47.039 --> 00:31:48.000
It just is like you.
00:31:48.160 --> 00:31:52.240
I just like when I entered that Zach first long, I'm just like, I'm just gonna make money on this.
00:31:52.319 --> 00:31:56.880
I don't give a it doesn't even matter if he has aces because I I can have tens, he can have aces, we could both win.
00:31:57.200 --> 00:32:01.039
Like it's just like we could actually both win this versus poker.
00:32:01.119 --> 00:32:08.880
It feels like it's so it feels like impossible to to to really have because you can't just like win one massive pot and then you're like you know paid for the year.
00:32:08.960 --> 00:32:10.720
Trading, you can make one trade and be done.
00:32:10.880 --> 00:32:11.680
And so it was fun.
00:32:11.759 --> 00:32:12.799
I was biggest gainer.
00:32:13.119 --> 00:32:15.119
Um shout out to Jing Tao.
00:32:15.279 --> 00:32:15.839
I fucking cooked.
00:32:15.920 --> 00:32:17.279
I don't say I cooked, I cooked.
00:32:17.440 --> 00:32:18.720
I played some good ass poker.
00:32:18.880 --> 00:32:20.079
I was playing some good ass poker.
00:32:20.160 --> 00:32:23.200
I was uh I won a couple flips, but I was playing some good ass poker, I really was.
00:32:23.279 --> 00:32:27.440
Also, my first first hand of the day, my first two hands, this is how you know it's gonna be a good session.
00:32:27.519 --> 00:32:34.000
We were we were starting and we were fighting over how much the 2-7 would have to pay, or everybody would have to get paid for 2-7.
00:32:34.319 --> 00:32:36.880
And I was just like in the mood to be an asshole, so I was complaining about it the most.
00:32:36.960 --> 00:32:40.079
I'm like, no, 100's too much, 100's too much, 100 each is too much, too much.
00:32:40.160 --> 00:32:41.200
I was just being a dick.
00:32:41.440 --> 00:32:43.519
First hand comes down, I get 2-7.
00:32:43.920 --> 00:32:48.559
After complaining about it for like 30 minutes, I get 2-7, win the hand, show it.
00:32:48.799 --> 00:32:49.680
Everyone goes crazy.
00:32:49.920 --> 00:32:50.799
I get paid out.
00:32:51.039 --> 00:32:53.759
Next hand, I get kings, board comes down.
00:32:53.839 --> 00:32:55.519
So I just win seven dues.
00:32:55.759 --> 00:32:57.039
I'm fucking, I feel like the goat.
00:32:57.119 --> 00:32:58.000
I just get paid out everyone.
00:32:58.079 --> 00:33:00.079
Because I was just complaining about it so bad.
00:33:00.400 --> 00:33:01.200
I win.
00:33:01.359 --> 00:33:03.039
Next hand, board, I get kings.
00:33:03.359 --> 00:33:04.799
Board comes down, it's king ace.
00:33:05.599 --> 00:33:13.519
I slow roll it, slow roll, slow roll, check, check, call, check, call, check, call to like four players on like massive pots.
00:33:14.319 --> 00:33:15.759
I'm like checking my cards.
00:33:15.920 --> 00:33:16.799
How much behind?
00:33:16.960 --> 00:33:18.240
How much behind?
00:33:18.640 --> 00:33:19.599
I'm looking at it.
00:33:19.680 --> 00:33:20.559
I don't know.
00:33:20.799 --> 00:33:21.359
I don't know.
00:33:21.519 --> 00:33:28.079
At one point I ask, I'm like, what's the longest amount of time I could wait right now before I decide to call or not?
00:33:28.240 --> 00:33:29.200
That like would be reasonable.
00:33:29.359 --> 00:33:30.160
They're like five minutes.
00:33:30.319 --> 00:33:31.920
Set a timer for five minutes.
00:33:32.240 --> 00:33:38.720
I call, flip over, iron nuts, like the the nuttiest nuts you could the best possible hand you could make right now.
00:33:38.799 --> 00:33:39.440
I flip it over.
00:33:39.519 --> 00:33:40.079
It's pretty lit.
00:33:40.160 --> 00:33:41.039
Thread you're the goat.
00:33:41.440 --> 00:33:43.839
Your streams are thread, your streams are better than school.
00:33:44.079 --> 00:33:45.440
I would hope so, by the way.
00:33:45.519 --> 00:33:46.799
Um, I'm a knit slow roll.
00:33:47.039 --> 00:33:47.599
Yeah, I am.
00:33:47.759 --> 00:33:48.319
I am.
00:33:48.640 --> 00:33:51.119
So that was fucking lit.
00:33:51.359 --> 00:33:55.200
I also want to call this out right now, which we've talked about a lot.
00:33:55.279 --> 00:33:58.079
It actually comes back to the Zach thesis a little bit.
00:33:58.160 --> 00:33:59.279
Everything comes back to Zach.
00:33:59.440 --> 00:34:08.960
I think people working in the technology industry should understand that middle America is starting to hate us in a really visceral, potentially unrecoverable way.
00:34:09.119 --> 00:34:17.920
It's totally self-defeating and irrational on the part of Middle America, but it's very real and getting worse fast.
00:34:18.239 --> 00:34:24.639
I again, I think this people are not, we've talked about this extensively, people are not giving this the credit it deserves.
00:34:24.880 --> 00:34:32.000
Shit, like they're turning us into biodiesel would be hilarious if there wasn't a huge and growing population who actually believed it.
00:34:32.159 --> 00:34:38.079
Nobody can say this hasn't been an easily identifiable problem for a while, but the industry leadership is doing its best to ignore it.
00:34:38.239 --> 00:34:43.280
Most people have completely irrational belief systems, including my in-group peers.
00:34:43.440 --> 00:34:47.679
I'm not gonna dignify their irrational beliefs or middle America's irrational beliefs.
00:34:47.840 --> 00:34:50.159
Have fun, muted by the way, have fun yelling at each other.
00:34:50.559 --> 00:34:57.119
I think the only thing that can save this right now is like meta and instinct in these assistants being really good.
00:34:57.280 --> 00:35:01.039
It's the only thing that can save how people think about AI.
00:35:01.119 --> 00:35:03.440
It that's it, it's the only thing that can save it.
00:35:03.599 --> 00:35:06.880
I I really think these things being incredibly good.
00:35:07.039 --> 00:35:11.840
I've been using the fuck out of instinct recently, and I'm just gonna say it's pretty damn good.
00:35:12.559 --> 00:35:16.159
It is pretty damn good and a blissful experience.
00:35:16.320 --> 00:35:21.039
Like it's just a joyous, quality experience when I use my instinct.
00:35:21.360 --> 00:35:22.480
I don't know what else to say about it.
00:35:22.800 --> 00:35:31.840
It misses nothing, it's proactive, it tells me what's going on in my in my inbox, it gives me suggestions for things that I should do throughout the day.
00:35:32.000 --> 00:35:35.440
And I found open claw really difficult to come back to.
00:35:35.840 --> 00:35:44.239
I found I forget about ChatGPT or use it like a glorified Google search, and my instinct gets the most activity out of me from any AI.
00:35:44.320 --> 00:35:45.840
It just gets the most activity out of me.
00:35:45.920 --> 00:35:46.719
I use it every day.
00:35:46.960 --> 00:35:51.119
Tickets, planning, scheduling, reminders.
00:35:51.440 --> 00:35:53.199
It's better than my notes app.
00:35:53.679 --> 00:35:56.800
It gets used out of me every single day when nothing else does.
00:35:56.960 --> 00:35:58.000
Nothing else does.
00:35:58.320 --> 00:36:10.559
There is a war going on right now between the Catholic Church and the Pope versus Dario Amoday Anthropic and Artificial Intelligence.
00:36:11.519 --> 00:36:13.519
Okay, and I missed this.
00:36:13.599 --> 00:36:16.079
I I has 20, I'm gonna be honest, too.
00:36:19.039 --> 00:36:21.119
This era of art this is the Pope, Pope Leo.
00:36:21.360 --> 00:36:28.880
In this era of artificial intelligence, it is becoming urgent to distinguish human art from what machines produce.
00:36:29.599 --> 00:36:44.320
There is no on ontological, how do I pronounce that ontological difference, even before an aesthetic one, between art and what a machine can generate through statistical calculation based on millions of images created by others?
00:36:44.559 --> 00:36:47.599
Algorithms lack the spark of humanity.
00:36:47.840 --> 00:36:55.599
For this reason, the church wishes to renew an alliance with artists and cultural institutions to safeguard our humanity.
00:36:55.760 --> 00:36:57.199
You need someone to catch up on AI.
00:36:57.280 --> 00:37:00.480
Almost all of this is slop, but this is an interesting one.
00:37:01.039 --> 00:37:03.760
Um, too king has better thoughts on this than me.
00:37:04.559 --> 00:37:06.719
What what exactly is this alliance?
00:37:06.800 --> 00:37:07.760
Like, what does this mean?
00:37:08.480 --> 00:37:09.360
First and foremost.
00:37:09.519 --> 00:37:12.400
What does this mean that the church wishes to renew?
00:37:12.480 --> 00:37:17.039
Like, what alliance is had between the the yeah, the Vatican and artists?
00:37:17.119 --> 00:37:19.519
Like, what what exactly does that mean?
00:37:19.840 --> 00:37:21.920
First and foremost, too king is pro pope.
00:37:22.000 --> 00:37:22.559
What does that mean?
00:37:22.639 --> 00:37:24.239
And re-renew our alliance.
00:37:24.559 --> 00:37:28.079
This is like I would like to renew my alliance between Thread Guy and the baddies.
00:37:28.320 --> 00:37:32.079
Okay, and so when I read these posts, what's exact posts?
00:37:32.320 --> 00:37:34.480
Algorithms lack the spark of humanity.
00:37:34.639 --> 00:37:41.679
I ask, I walk outside and I look around, and I think to myself, everybody out here also lacks the spark of humanity.
00:37:41.840 --> 00:37:46.079
Like everybody I walk around and everybody is is zombified, bro.
00:37:46.239 --> 00:37:51.440
Everyone is completely microwave, zombified, out of it, completely out of it.
00:37:51.519 --> 00:37:58.320
Like really, really, you walk around and I scroll Twitter and I'm just like, what does this even mean exactly?
00:37:58.639 --> 00:38:00.239
What what exactly does it mean?
00:38:00.400 --> 00:38:06.239
And you know, I am I am pretty fucking pro-Pope, but but to give you this take, like I'll give like the spark of humanity.
00:38:06.480 --> 00:38:08.480
I just say that I don't think it matters.
00:38:08.719 --> 00:38:22.559
And I've been watching specifically what's happened with these AI influencers over the last week, Higgs field influencers, and the obvious conclusion is that it just doesn't matter, spark of humanity or not.
00:38:22.800 --> 00:38:25.679
This it's infiltrating, it is just going in.
00:38:25.760 --> 00:38:29.440
I mean, bro, the the Higgs field influencers is everywhere, bro.
00:38:29.519 --> 00:38:32.800
It's fucking everywhere, it's everywhere.
00:38:32.960 --> 00:38:35.679
People don't even realize these things aren't real, they just think it's funny.
00:38:35.760 --> 00:38:38.159
It's everywhere, is actually everywhere.
00:38:38.239 --> 00:38:43.599
It's like a virus that has infected socials, and the slop canon is just infinite.
00:38:43.840 --> 00:38:48.880
The video slop canon is so infinite that it's undoable, bro.
00:38:48.960 --> 00:38:50.000
It's undoable.
00:38:50.159 --> 00:38:56.159
There's like this renaissance I feel I'm seeing on Twitter right now on the internet of people modding video games.
00:38:56.320 --> 00:38:57.440
Is anybody seeing this?
00:38:57.679 --> 00:39:00.639
The modding revolution that is happening right now.
00:39:00.719 --> 00:39:11.679
And I, you know, we've spent so much time talking about on web 3 gaming and crypto gaming and building out the future of gaming that has not happened.
00:39:12.159 --> 00:39:18.960
And as I sit here right now, I cannot help but think to myself, holy fuck, we might be pretty close.
00:39:19.119 --> 00:39:20.320
Look at look at a couple of these.
00:39:20.400 --> 00:39:23.440
Number one, training views out of Minecraft works.
00:39:30.800 --> 00:39:34.960
Number two, they put Irim Tarkov X Spider-Man.
00:39:35.119 --> 00:39:35.840
Look at this shit.
00:39:36.159 --> 00:39:37.679
What am I looking at?
00:39:41.119 --> 00:39:46.400
The craziest one by far is Elden Ring Minecraft.
00:39:46.559 --> 00:39:47.840
I put the this has how many views?
00:39:47.920 --> 00:39:50.079
This gotta have it's 22 million views.
00:39:50.320 --> 00:39:53.360
I put the entire game of Minecraft into Elden Ring as a mod.
00:39:53.440 --> 00:39:54.239
It runs on Mac.
00:39:57.920 --> 00:39:58.960
Look at this.
00:40:14.480 --> 00:40:15.840
We are really close.
00:40:16.079 --> 00:40:18.480
Then there's Mario and Ring.
00:40:26.000 --> 00:40:28.719
Then I think there's Minecraft Pokemon.
00:40:45.679 --> 00:40:46.639
I could cry to this song.
00:40:46.719 --> 00:40:48.320
This song makes me like emotional.
00:40:48.480 --> 00:40:51.519
Then there's Call of Duty Zombies in Minecraft.
00:40:52.000 --> 00:40:53.840
Mario Park Call of Duty.
00:40:56.400 --> 00:40:59.840
Then there's uh Minecraft GTA.
00:41:18.880 --> 00:41:24.800
All of this, I'm seeing like I mean, I'm seeing very little discourse about this.
00:41:24.960 --> 00:41:30.400
Everything is stolen, and this trend could be so fucking nuts.
00:41:30.559 --> 00:41:32.320
And so it brings me to this.
00:41:32.639 --> 00:41:34.079
What's the buy here?
00:41:34.320 --> 00:41:36.480
Look, and remember we watched this when it came out on stream.
00:41:36.800 --> 00:41:39.920
Short term, AI is gonna be amazing for the video game platforms.
00:41:40.159 --> 00:41:45.039
So I think AI's impact on video games is gonna be has been very misunderstood.
00:41:45.360 --> 00:41:50.400
AI world models are gonna lower the cost of developing a game by 90%.
00:41:51.119 --> 00:42:00.320
You know, if it used to cost 300 million to make a triple-A title like Call of Duty or 200 million or 100 million or whatever the number is, it goes down 90%.
00:42:01.199 --> 00:42:09.840
Um and so this might end up being really bad for companies that make video games because you're gonna have a lot more competition.
00:42:09.920 --> 00:42:17.679
But if you were a video game platform and we all know what those platforms are, this is gonna be really good for you because there's gonna be an explode explosion of content.
00:42:18.239 --> 00:42:32.079
But the idea that we are going to use AI to render a video game on the phone instead of a GPU that is on every phone, every iPad, every PC in the next five to seven years is ridiculous.
00:42:32.559 --> 00:42:33.599
So you know what he holds, right?
00:42:34.000 --> 00:42:34.719
You know what he holds?
00:42:35.119 --> 00:42:35.599
Unity.
00:42:35.920 --> 00:42:36.960
Unity is what he holds.
00:42:37.679 --> 00:42:38.159
Game maker.
00:42:39.119 --> 00:42:39.679
Game designer.
00:42:40.159 --> 00:42:40.880
He holds unity.
00:42:41.280 --> 00:42:43.039
This is some megachurch shit, I'm not gonna lie.
00:42:43.199 --> 00:42:44.320
It's up five percent today.
00:42:44.800 --> 00:42:46.239
It's so viral.
00:42:46.400 --> 00:42:50.000
It's the only thing I I did this weekend was watch slop games be made.
00:42:50.880 --> 00:42:51.280
Yeah.
00:42:51.599 --> 00:42:55.119
Other one you could maybe convince yourself is uh Roblox.
00:42:55.519 --> 00:42:56.800
I know entry, I could delete that.
00:42:57.280 --> 00:42:59.599
You could you could convince yourself that Roblox is a good buy.
00:43:00.000 --> 00:43:12.079
This chart is just like so bizarre because I in theory you could just build everything in Roblox, but I think that the take of this is a a mini trend is just ridiculous.
00:43:13.440 --> 00:43:22.800
Building games is so expensive and takes so long, and a modding renaissance of video games would bring back the love to everything.
00:43:23.360 --> 00:43:29.119
An open modding ecosystem is just like the great I mean it's like the greatest, it's the greatest thing ever, bro.
00:43:29.199 --> 00:43:29.840
I don't know what to tell.
00:43:30.000 --> 00:43:31.360
Like it actually makes it be like emotional.
00:43:31.440 --> 00:43:32.159
I'm thinking about it.
00:43:32.239 --> 00:43:34.239
It's the great it's the greatest thing ever.
00:43:34.480 --> 00:43:35.280
Is Steam public?
00:43:35.440 --> 00:43:35.840
No, right?
00:43:36.400 --> 00:43:37.199
No, Valve.
00:43:37.760 --> 00:43:38.800
No, Steam's not public.
00:43:39.039 --> 00:43:40.719
It actually just like makes me emotional, bro.
00:43:41.599 --> 00:43:44.239
Sorry, but for so long we've been suppressed.
00:43:44.559 --> 00:43:48.079
If we've been suppressed by shit games, you have been.
00:43:48.159 --> 00:43:50.000
You've just been suppressed by garbage.
00:43:50.559 --> 00:43:52.159
If steam was public, I'd full port it.
00:43:52.239 --> 00:43:54.320
If steam was public, I would full port.
00:43:54.480 --> 00:43:54.800
Yeah.
00:43:55.199 --> 00:43:57.440
Steam's probably an incredible buy.
00:43:57.679 --> 00:43:58.800
Um, that's our Monday.
00:43:58.880 --> 00:43:59.920
It's a beautiful Monday.
00:44:00.000 --> 00:44:01.920
I got some YouTube videos going up.
00:44:02.159 --> 00:44:04.079
If you don't follow me on YouTube, you should.
00:44:04.239 --> 00:44:06.960
I post all the recaps on my second channel now, Thread Guy Live.
00:44:07.039 --> 00:44:10.480
If you're a recap viewer, ThreGuy Live is where I post them.
00:44:11.119 --> 00:44:16.400
Also, if you uh are a TikTok enjoyer, I'm posting there now as well.
00:44:16.559 --> 00:44:17.440
Thread guy TikTok.
00:44:17.519 --> 00:44:18.239
It's not hard to find.
00:44:18.320 --> 00:44:19.360
We're gonna blow up there.
00:44:19.519 --> 00:44:20.159
Um, I love you.
00:44:20.239 --> 00:44:20.639
I appreciate you.
00:44:20.719 --> 00:44:23.519
If you're new here, I'm live every morning at 8 30 a.m.
00:44:24.000 --> 00:44:24.960
E S T.
00:44:25.199 --> 00:44:27.360
It's gonna be a great week, my friends.
00:44:27.519 --> 00:44:28.000
I love you.
00:44:28.159 --> 00:44:29.119
I appreciate you.
00:44:29.280 --> 00:44:30.559
I'll see you tomorrow morning.
00:44:30.719 --> 00:44:31.360
I'm out.
