The $6B Binance Hack, Druckenmiller Buys Hyperliquid, Google and AI are Collapsing 的完整文字稿

really sit down and we read the books. 00:03:15.439 --> 00:03:22.000 We've read the excerpts, we've interviewed Jack Schwager, we've really sat down and we've read the books, okay? 00:03:22.159 --> 00:03:26.400 And what we know is that uh I think he's just the investor of the century, man. 00:03:26.479 --> 00:03:28.159 He's the investor of the century. 00:03:28.400 --> 00:03:39.039 And I'm just gonna say it before we read anything, and I I hate to do a victory lap as we're under ATH, but can we get a he didn't even throw up a PFP yet, straight to Shilling. 00:03:39.120 --> 00:03:40.240 Can I get a total rect? 00:03:40.479 --> 00:03:42.319 Can I can I get some Ws for Rectal Glizzy? 00:03:42.479 --> 00:03:44.479 Total rectal glizzy domination. 00:03:44.639 --> 00:03:45.280 Let me get some. 00:03:45.360 --> 00:03:45.840 Let me get some. 00:03:45.919 --> 00:03:46.879 Let me get some. 00:03:49.759 --> 00:03:51.759 Let me get some rectal glizzy love, man. 00:03:51.840 --> 00:03:53.599 I love I actually let me be careful with this. 00:03:53.680 --> 00:03:55.199 Let me get some rectal glizzy love. 00:03:55.439 --> 00:03:56.560 Kid deserves it, man. 00:03:56.719 --> 00:03:57.280 He does. 00:03:57.520 --> 00:03:58.719 The only time I'll ever say that. 00:03:58.800 --> 00:04:03.280 W everyone in here talking about W rectal, you fucking freak freak doids. 00:04:03.520 --> 00:04:05.759 But let's just uh let's skip on my topics. 00:04:06.000 --> 00:04:06.479 Liquid. 00:04:06.560 --> 00:04:07.919 I'm long, a lot of hype. 00:04:08.000 --> 00:04:09.039 Um I'll tell you why. 00:04:09.120 --> 00:04:10.159 I was a little bit late to it. 00:04:10.319 --> 00:04:12.240 I'll show you my port because it's green. 00:04:12.319 --> 00:04:18.079 I love I love showing a green port to you guys, and then we'll talk about read the Shoku post, talk about the announcement. 00:04:18.480 --> 00:04:20.720 Um I longed a lot of hype. 00:04:20.879 --> 00:04:29.120 I longed a lot of hype very recently at uh 88 just because I felt as if you were just supposed that's just like what you're supposed to do in this spot. 00:04:29.279 --> 00:04:30.720 So let's talk about it. 00:04:30.959 --> 00:04:34.319 Um Shoku came out today and he made a long post. 00:04:34.399 --> 00:04:37.920 I'm gonna read it because I I don't believe most of you read it, and it's a post that deserves to be read. 00:04:38.000 --> 00:04:40.319 For the for the sake of our industry, this post deserves to be read. 00:04:40.399 --> 00:04:41.199 So I'm gonna read it. 00:04:41.279 --> 00:04:43.920 Sit down, relax, let's get physical, okay? 00:04:44.160 --> 00:04:50.079 TredXYZ launched its first market on hyperliquid 381 days ago. 00:04:50.240 --> 00:04:58.240 Correct me if I'm wrong, but I believe it was NVIDIA, and I believe I tweeted about let's take a moment here. 00:04:58.399 --> 00:05:04.240 Uh, from I think I uh not thread guy hyperliquid NVIDIA. 00:05:04.639 --> 00:05:07.920 I believe I tweeted about it November 12th, 2025. 00:05:08.000 --> 00:05:10.160 I longed NVIDIA on hyperliquid and it worked. 00:05:10.319 --> 00:05:11.360 This is actually cool. 00:05:11.600 --> 00:05:16.800 Crazy because when I uh did this, I didn't really realize what I was doing or why it was cool. 00:05:16.879 --> 00:05:20.319 Uh I was just like, oh, that's a good that's a funny tweet. 00:05:20.480 --> 00:05:23.360 Update stocks gotta be talking like by the one hyperliquid update. 00:05:23.519 --> 00:05:25.360 Um, I just remember like being able to do it. 00:05:25.439 --> 00:05:27.120 I think the Trini replied to this, by the way. 00:05:27.199 --> 00:05:30.399 And I was like, or a quote to Triti quote tweeted this first time. 00:05:30.560 --> 00:05:33.759 Just faded this because I can hedge my video position to get paid a pretty nuts funding rate. 00:05:33.839 --> 00:05:36.399 25 bips every eight hours to do so. 00:05:36.879 --> 00:05:38.160 Trini called me a retard. 00:05:38.319 --> 00:05:42.480 But I remember seeing this and just thinking to myself, this is fucking cool, man. 00:05:42.720 --> 00:05:45.040 And so that was 381 days ago. 00:05:45.279 --> 00:05:54.319 Today we are joining forces with ICE, brutal name, the parent company of the New York Stock Exchange to bring perpetual futures on hyperliquid to US regulated markets. 00:05:54.560 --> 00:05:58.160 I don't usually write long posts, but today merits reflection. 00:05:58.319 --> 00:06:12.240 For years, builders across this industry have worked to show that open on-chain markets could support price discovery, manage risk, and withstand stress to the standards of traditional market infrastructure, all while staying open when and where those markets don't. 00:06:12.480 --> 00:06:15.199 Our achievements stand on the shoulders of those builders. 00:06:15.360 --> 00:06:25.920 And today, the company that owns the New York Stock Exchange has chosen to build upon the work of every developer, trader, market maker, and user who took a chance on us in our markets. 00:06:26.079 --> 00:06:28.240 We share this moment with all of you. 00:06:28.480 --> 00:06:30.319 Markets are shaped by their participants. 00:06:30.480 --> 00:06:35.920 A new generation of investors trades from their phone across asset classes at any hour of any day. 00:06:36.079 --> 00:06:40.480 Until hyperliquid, the right infrastructure for those markets didn't exist. 00:06:41.120 --> 00:06:42.639 Building these markets was hard. 00:06:42.800 --> 00:06:49.600 It took novel approaches to pricing, funding, and risk, redefined with real capital at stake in markets that don't close. 00:06:49.759 --> 00:06:52.319 It also meant earning the trust of people trading on them. 00:06:52.560 --> 00:06:56.560 We're honored that the community recognized that effort and responded in kind. 00:06:57.199 --> 00:07:14.560 That trust is what allowed us to grow our volumes to 1 trillion annualized run rate in just over a year to help pioneer new instruments like pre-IPO perps and to earn the

confidence of storied institutions like the SP Dow Jones indices. 00:07:14.720 --> 00:07:23.680 That's why ICE has chosen Trade XYZ as its exclusive partner to bring 24-7 perps to the US. 00:07:23.839 --> 00:07:30.240 Shifts in technology have pushed markets towards greater transparency, better price discovery, and broader access. 00:07:30.399 --> 00:07:36.720 From the coffee house to the curb exchange, ticker tape to the telephone, the trading floor to digital exchanges. 00:07:36.959 --> 00:07:39.680 ICE helped write that last chapter. 00:07:40.079 --> 00:07:46.560 In 1997, Jeff Spreacher bought a small-powered trading technology business for$1. 00:07:47.199 --> 00:07:57.040 ICE launched as an electronic energy marketplace in the year 2000, helped digitize major commodity markets and acquire the New York Stock Exchange in 2013. 00:07:57.199 --> 00:08:02.240 It helped, it uh excuse me, it has grown exponentially because of this appetite for innovation. 00:08:02.399 --> 00:08:03.600 That's the partner we wanted. 00:08:03.759 --> 00:08:06.800 A partner that looks forward and embraces progress. 00:08:07.040 --> 00:08:11.759 Americans deserve access to the most innovative markets in the world and the protections of U.S. 00:08:11.839 --> 00:08:12.240 regulation. 00:08:12.319 --> 00:08:17.920 With Trade XYZ and ICE subject to regulatory approvals, they will have both. 00:08:18.160 --> 00:08:20.000 The difference isn't just access. 00:08:20.319 --> 00:08:22.319 Perps don't expire. 00:08:22.480 --> 00:08:28.319 So traders never have to roll positions, and liquidity concentrates in a single deep market for each asset. 00:08:28.560 --> 00:08:35.440 Cross margining enhances capital efficiency by letting one pool of collateral back positions across stocks, commodities, and crypto. 00:08:35.600 --> 00:08:44.879 Underpinning it all are atomic clearing and settlement, real-time risk management that enables continuous markets and universally applied rules that anyone can verify. 00:08:45.039 --> 00:08:48.480 This is the next chapter we will write together. 00:08:48.799 --> 00:08:57.759 My responsibility, our responsibility, is to now build markets worthy of the confidence our partners and our users have placed in us. 00:08:58.480 --> 00:09:08.480 Our commitments will not waver to fair and transparent markets, to diverse markets, to low cost of execution, and above all, to market integrity. 00:09:08.879 --> 00:09:18.559 All of this in pursuit of one thing: a universal exchange open around the clock, coming to the United States. 00:09:18.799 --> 00:09:26.000 We're proud to have deployed more than a hundred markets on Trade XYZ, but measured against the opportunity ahead, we have barely started. 00:09:26.159 --> 00:09:33.200 There is an enormous universe of assets we haven't reached, alongside things people want to trade that have no established market at all. 00:09:33.519 --> 00:09:43.360 Wherever there is demand to trade an asset, we want to trade XYZ, uh, excuse

me, we want trade XYZ to be where its price is discovered. 00:09:43.679 --> 00:09:58.000 Global stocks, commodities, bonds, pre-IPO companies, compute, new indices, digital assets, interest rates, equity baskets, volatility products, alt assets, anything, anytime, anywhere. 00:09:58.159 --> 00:10:01.200 Ultimately, everything you own should work with everything you trade. 00:10:01.360 --> 00:10:03.440 Picture a headline breaking on a Saturday night. 00:10:03.600 --> 00:10:07.200 You should be able to post tokenized shares as collateral. 00:10:07.360 --> 00:10:17.200 Head your portfolio with an index perp, add exposure to oil, take a view on a company that has not yet gone public, all in one account, all on one risk engine before any traditional market opens. 00:10:17.440 --> 00:10:20.480 Trade XYZ and Hyperliquid were built for this. 00:10:20.720 --> 00:10:30.799 I hope someone opens their first investment account years from now to find that trivial and to wonder why their predecessors needed so many separate financial relationships. 00:10:31.039 --> 00:10:38.000 Getting there will take liquidity, reliability, trust, and prices people have reason to believe. 00:10:38.159 --> 00:10:39.360 It will take years. 00:10:39.600 --> 00:10:41.840 I'm prepared to spend them. 00:10:42.399 --> 00:10:44.080 Finally, a few thank yous. 00:10:44.399 --> 00:10:49.600 First, to the XYZ team for the tireless nights and for committing to this vision before it was obvious. 00:10:49.919 --> 00:10:57.120 To Jeff Spreacher and ICE with special thanks to Michael Blaugrund and Tra Blonde. 00:10:57.440 --> 00:10:59.279 Tra Bland, I'm fucking the names up. 00:10:59.360 --> 00:11:02.559 I was doing so good who championed us throughout. 00:11:02.720 --> 00:11:09.519 You're a world-class, technology-embracing team that proves innovation and scale are in fact not at odds. 00:11:09.679 --> 00:11:16.480 And to Stanley Drockenmiller for your partnership and helping us turn the next page. 00:11:16.879 --> 00:11:20.240 To Hyperliquid Labs for being the best partners we could ask for. 00:11:20.399 --> 00:11:22.960 You set an impossible standard. 00:11:23.360 --> 00:11:26.720 One we continually strive to meet. 00:11:26.879 --> 00:11:29.120 And most importantly, to our users. 00:11:29.279 --> 00:11:33.360 You traded these markets when nobody thought it mattered. 00:11:33.679 --> 00:11:34.720 Well, guess what? 00:11:34.960 --> 00:11:35.600 It did. 00:11:36.000 --> 00:11:37.279 Shoku mode. 00:11:37.600 --> 00:11:40.240 Oh come on, man. 00:11:40.480 --> 00:11:41.440 How about it? 00:11:41.759 --> 00:11:42.879 How about it? 00:11:43.120 --> 00:11:46.480 One of the greatest tweets in the history of tweets ever. 00:11:47.279 --> 00:11:52.559 And so I think the thing that caught everybody a little bit off guard, I would argue, was this part. 00:11:52.960 --> 00:11:54.240 Stanley Druckenmiller. 00:11:54.559 --> 00:11:56.879 And we were like, wait, wait, wait, wait. 00:11:57.039 --> 00:11:59.039

Hold on, hold on, hold on. 00:11:59.519 --> 00:12:04.639 And so then out of nowhere this pops up. 00:12:05.360 --> 00:12:07.759 And it says Stan Druckenmiller. 00:12:08.080 --> 00:12:09.279 Seven posts ever. 00:12:09.440 --> 00:12:12.559 So he's only made seven posts in his entirety. 00:12:12.799 --> 00:12:15.759 And all of them were Loki Savage. 00:12:16.000 --> 00:12:17.039 That's an interesting one. 00:12:17.200 --> 00:12:18.159 Anyways. 00:12:18.879 --> 00:12:21.039 Um he's only ever made one. 00:12:21.519 --> 00:12:23.679 He's only ever made one official tweet. 00:12:23.919 --> 00:12:35.679 52 minutes ago, he says, I am excited to be an investor in Trade XYZ as they partner with ICE to bring 24-7 perpetual futures on hyperliquid to the United States. 00:12:35.919 --> 00:12:42.799 As a market participant, I am looking forward to using their innovative product to enhance my investment process. 00:12:43.039 --> 00:12:43.919 Send tweet. 00:12:44.080 --> 00:12:45.279 First tweet ever. 00:12:46.000 --> 00:12:48.559 And they somehow, let me give Big Bro a follow. 00:12:48.639 --> 00:12:49.840 Who's he who does he follow? 00:12:49.919 --> 00:12:51.039 He follows, yeah. 00:12:51.120 --> 00:12:52.639 He follows not Jerome Powell. 00:12:52.720 --> 00:12:53.200 It's crazy. 00:12:53.440 --> 00:12:56.320 Elon Mark Andreessen, USA News. 00:12:56.639 --> 00:13:00.320 And he made his first ever tweet chilling hyperliquid. 00:13:00.399 --> 00:13:10.480 So I did the only reasonable thing you can do at this stage as a man who's traded like nine figures of volume on hyperliquid and is doesn't own it, which is atrocious. 00:13:10.960 --> 00:13:12.320 And I started buying it. 00:13:12.399 --> 00:13:15.919 So I woke up, I saw a trading Z announcement, and I just started buying it like 87. 00:13:16.000 --> 00:13:17.200 I started buying it right here. 00:13:17.279 --> 00:13:19.279 I was late, but I'm like, dude, I don't know. 00:13:19.519 --> 00:13:21.120 New York Stock Exchange. 00:13:21.360 --> 00:13:24.559 And then Stanley Druckenmiller tweets at 88. 00:13:24.639 --> 00:13:26.480 And I'm like, all right, bro. 00:13:26.639 --> 00:13:32.399 What is a megachurch trade, if not the greatest investor in the history of the world? 00:13:32.639 --> 00:13:37.840 Arguably making his first tweet ever to say, I've invested in hyperliquid. 00:13:38.000 --> 00:13:39.679 If you're not buying, I mean, I don't know. 00:13:39.840 --> 00:13:41.679 If I'm not buying that, when am I buying it? 00:13:41.759 --> 00:13:42.559 I'm never buying it. 00:13:42.720 --> 00:13:49.679 If I'm not buying that tweet, I'm just never that is like the epitome of that is like the definition of megachurch. 00:13:49.759 --> 00:13:51.759 And I'm thinking about it and I'm like, okay, wait. 00:13:51.840 --> 00:13:53.279 So he tweets at 88. 00:13:53.360 --> 00:13:54.320 And so I have a position. 00:13:54.399 --> 00:13:58.000 It's not like, you know, fucking nuts, but I wanted to be able to sit in it for a little bit. 00:13:58.080 --> 00:13:59.440 So I'm long, I'm long hype. 00:13:59.600 --> 00:14:07.679 The thing about it is like, um, I was wondering like, why is it not just candling right now? 00:14:07.759 --> 00:14:12.879 And then I'm like, wait, nobody that is reading Drux tweets can even buy it. 00:14:13.039 --> 00:14:14.159 They can't even buy it. 00:14:14.240 --> 00:14:15.679 There's no ETF. 00:14:15.840 --> 00:14:16.559 Markets are closed. 00:14:16.639 --> 00:14:18.879 They can't, they can't even buy it. 00:14:19.120 --> 00:14:20.720 None of these guys can buy it. 00:14:20.879 --> 00:14:24.240 And it makes this funny precedent where it's like, okay, wait, wait, wait, wait. 00:14:24.559 --> 00:14:30.320 Telling me that you run a hedge fund, you're 37 years old, your idol is Stanley Druck and Miller. 00:14:30.559 --> 00:14:33.840 You you know his entire story, you know everything he's ever done, every trade. 00:14:33.919 --> 00:14:38.320 You've read every 13F, you know about all the big moments, you know about when he worked with Soros. 00:14:38.399 --> 00:14:54.399 You read Alchemy of Finance, you read the Market Wizards chapter, you watch the JP Morgan interviews, you worship Stanley Druck and Miller, you know everything about him, and he just made his first tweet about an asset that's like well under$100 billion as his only post ever KOLing it, and you don't hold it. 00:14:54.559 --> 00:14:55.360 Are you retarded? 00:14:55.440 --> 00:14:56.159 Are you ignorant? 00:14:56.320 --> 00:14:57.360 Are you irresponsible? 00:14:57.519 --> 00:14:58.480 Which one are you? 00:14:58.639 --> 00:14:59.519 Which are you? 00:14:59.679 --> 00:15:02.399 Seriously, if have you read Alchemy of Finance, brother. 00:15:02.559 --> 00:15:04.080 What do you think this is, man? 00:15:04.399 --> 00:15:05.840 No, I actually haven't read it. 00:15:06.000 --> 00:15:08.320 I haven't read it, but I do have it. 00:15:08.559 --> 00:15:17.039 But it's like, bro, you're telling me you worship Stanley Druckenmiller and you don't hold the only thing he's ever shilled, ever? 00:15:17.200 --> 00:15:18.960 And so, yeah, I don't know. 00:15:19.120 --> 00:15:21.360 Are you retarded or irresponsible or ignorant? 00:15:21.440 --> 00:15:22.159 Which one are you? 00:15:22.320 --> 00:15:30.559 And so I I fucking did what any self-loving, responsible, pseudo-vulnerable young man in New York City in America would do. 00:15:30.720 --> 00:15:32.960 And I fucking clicked along, bro. 00:15:33.120 --> 00:15:34.000 I clicked along. 00:15:34.080 --> 00:15:36.000 Okay, one more hyperliquid Jeff just made a post. 00:15:36.080 --> 00:15:36.720 We gotta read that too. 00:15:36.960 --> 00:15:38.559 I mean, we have to read it, obviously. 00:15:38.720 --> 00:15:40.480 Uh what's it, chameleon Jeff? 00:15:40.559 --> 00:15:42.480 Yo, big bro, he with that follow back. 00:15:42.720 --> 00:15:48.480 Growing up in the United States, the New York Stock Exchange was synonymous with the story of American

capitalism. 00:15:48.639 --> 00:15:52.080 I vividly remember learning about the Buttonwood agreement in ninth grade history class. 00:15:52.159 --> 00:15:58.480 24 stockbrokers met under a tree on Wall Street and formed the beginning of what would become the world's financial center. 00:15:58.559 --> 00:15:59.679 I don't even really know about this. 00:15:59.840 --> 00:16:06.720 From pits to computers to now on-chain markets, America has always led the way in innovating markets to improve price discovery and capital formation. 00:16:06.879 --> 00:16:10.799 Today, the next chapter begins with ICE, TridexYZ, and Hyperliquid. 00:16:10.960 --> 00:16:18.399 ICE started as an electricity trading platform in 2000, growing to acquire the Newark Stock Exchange itself in only 13 years. 00:16:18.720 --> 00:16:21.919 It is the key infrastructure provider of America's energy bond and mortgage markets. 00:16:22.080 --> 00:16:27.840 ICE is a rare story of exponential growth of a financial giant over decades, continually embracing innovation technology. 00:16:28.000 --> 00:16:34.720 Trade XYZ was the first HIP3 deployer and responsible for spearheading the flourishing global RWA perpetual market today. 00:16:34.879 --> 00:16:40.159 Only a year ago, 381 days actually, TredXYZ launched its first RWA perpetual markets. 00:16:40.320 --> 00:16:44.399 It took up better than HP3, which had just launched after months of tireless development. 00:16:44.559 --> 00:16:53.440 Having followed their journey from day one, I cannot overstate how much Shoku and the team have poured into growing these markets to a genuine source of price discovery for the most important assets in the world. 00:16:53.679 --> 00:16:58.080 Over the past three years, Hyper Liquid has pioneered on-chain infrastructure to house all of finance. 00:16:58.240 --> 00:17:00.639 Hyperliquid is nothing without its world-class builders. 00:17:00.720 --> 00:17:06.160 I am honored that TridexYZ and ICE have chosen to build on Hyper Liquid to bring perpetual contracts to America. 00:17:06.400 --> 00:17:12.079 When I first spoke to Jeff Spreacher around a year ago, he asked what success looks like to me. 00:17:12.240 --> 00:17:18.160 I told him for some time, I thought for some time and joked that it would be seeing ICE building on hyperliquid technology. 00:17:18.319 --> 00:17:23.039 I could have never predicted the progress that we've made as a community in a single year to make this come true. 00:17:23.279 --> 00:17:27.119 Excited to see what we can build together next. 00:17:27.440 --> 00:17:30.720 So yeah, that is the announcements. 00:17:30.960 --> 00:17:40.480 It's uh not entirely sure like the specific implications beyond the very clear push for regulatory capture for hyperliquid in the US. 00:17:40.559 --> 00:17:44.720 It's like Trump, the New York Stock Exchange, everybody is in on this thing. 00:17:44.960 --> 00:17:48.240 You I don't know, kind of hard to deny it. 00:17:48.640 --> 00:17:53.200 Also, my favorite bit is like hyperliquid gets good news and then lighter is up more on the day. 00:17:53.279 --> 00:17:55.039 It's like just so good funny every time. 00:17:55.119 --> 00:17:55.920 It's hilarious. 00:17:56.079 --> 00:17:57.519 It's a pretty good bit, really. 00:17:57.680 --> 00:18:04.720 People were sort of freaking out about Google yesterday um in their search as percentage of revenue. 00:18:04.880 --> 00:18:10.319 For the first time ever, Google search as a percentage of revenue is now below 50%, which is crazy. 00:18:10.960 --> 00:18:13.839 Um, it was 57 in March 24. 00:18:13.920 --> 00:18:16.720 I would imagine at one point it was like really, really, really high. 00:18:17.440 --> 00:18:20.880 Google got just slaughtered after earnings. 00:18:21.039 --> 00:18:22.640 Um 12%. 00:18:24.240 --> 00:18:26.880 That's a$4 trillion stock, by the way. 00:18:27.039 --> 00:18:29.279 It's down like$400 billion. 00:18:29.920 --> 00:18:35.039 Down like more than the market cap of ETH, hyperliquid, and Solana combined in the pre-market. 00:18:35.359 --> 00:18:36.000 Think about that. 00:18:36.240 --> 00:18:37.599 How many kimchi's is that? 00:18:37.920 --> 00:18:38.799 400 billion? 00:18:38.960 --> 00:18:39.920 No, 10,000. 00:18:40.000 --> 00:18:40.720 10,000. 00:18:40.960 --> 00:18:42.480 10,000 kimchis. 00:18:42.880 --> 00:18:44.400 Jeez, Jesus. 00:18:44.640 --> 00:18:48.799 And it sort of brought me to this thought of like AI ads. 00:18:49.519 --> 00:18:58.079 And man, I'm thinking to myself that advertising for my LLM is probably gonna be the most profitable business ever. 00:18:58.319 --> 00:19:02.240 Just I basically buy everything that my Chat GPT tells me to buy. 00:19:02.400 --> 00:19:04.400 Like, yo, I want a new shampoo, da-da-da. 00:19:04.559 --> 00:19:05.039 What do I buy? 00:19:05.119 --> 00:19:07.839 Whatever it tells me to buy, it's just a it's just a snap call, bro. 00:19:07.920 --> 00:19:12.559 Like there's no there's no hesitation in that whatsoever. 00:19:12.720 --> 00:19:14.240 It's just it's just a snap call. 00:19:14.319 --> 00:19:17.759 If my LLM tells me to buy something, I'm obviously buying it every single time. 00:19:18.000 --> 00:19:22.240 And man, you gotta think to yourself, like, it's gonna be the greatest ad business ever. 00:19:22.400 --> 00:19:25.119 It's gonna sell, I mean, it's gonna be the greatest ad business ever. 00:19:25.440 --> 00:19:26.480 How could you ever beat it? 00:19:26.640 --> 00:19:28.480 Truly, how could you ever beat it? 00:19:29.119 --> 00:19:32.640 Here's a Dario clip that's uh, I think this is maybe this is recent. 00:19:32.720 --> 00:19:34.319 I don't entirely know when this is from. 00:19:34.640 --> 00:19:44.000 But I think I feel hopeful about Anthropic's ability to have the lowest sycophancy rate of any of the models because of our incentives, right? 00:19:44.240 --> 00:19:44.799 It's two days old. 00:19:45.039 --> 00:19:49.519 Our competitors are putting ads into their chatbots.

00:19:49.599 --> 00:19:50.960 And what does that mean? 00:19:51.279 --> 00:19:55.680 You make more money if a user is engaging with your product longer. 00:19:56.000 --> 00:19:58.720 Do you then want to tell your user that they're wrong? 00:19:58.880 --> 00:19:59.759 No, you don't. 00:20:00.000 --> 00:20:03.920 So I think it's it's almost inevitable that many of you Why is he doing that? 00:20:04.160 --> 00:20:05.359 Tell them to like lock in. 00:20:05.440 --> 00:20:06.559 So why is he doing that? 00:20:06.880 --> 00:20:10.000 These competing products are going to wind up with a stick of fancy problem. 00:20:10.160 --> 00:20:18.559 But I think at Anthropic, because we've committed to not put ads in the models, we don't have there's no reason for you to be talking to Claude longer or shorter. 00:20:18.720 --> 00:20:23.039 We just want you to be able to get like the right, most helpful, most harmless answer. 00:20:23.359 --> 00:20:31.839 Anyways, um, we'll cover this a little bit more, but this is so the stories that stock market opened today are definitely gonna be the hyperliquid per slam and how that plays out. 00:20:32.079 --> 00:20:38.559 It's definitely gonna be Google and Limit Down and what happens here. 00:20:39.119 --> 00:20:42.559 Um, Apple will come back to this is getting a ton of hate. 00:20:42.720 --> 00:20:45.200 Apple's getting generationally hated right now. 00:20:45.440 --> 00:20:48.960 Um, they announced touchscreen computer, which people are really upset about. 00:20:49.119 --> 00:20:51.599 Here's the deal I don't want to touch my fucking computer screen. 00:20:51.680 --> 00:20:59.920 But, anyways, Google search, Apple, the pur slam, um, the neo cloud situation is still sort of unfolding. 00:21:00.319 --> 00:21:03.200 Um, Marvell is acquiring momentum. 00:21:03.279 --> 00:21:08.240 I don't know if that's official or if that was a maybe, but that's a story as well. 00:21:08.880 --> 00:21:12.000 And the market is in a lot of ways holding on for dear life right now. 00:21:12.079 --> 00:21:13.599 Well, crypto looks not bad. 00:21:13.839 --> 00:21:14.880 It looks not bad. 00:21:15.039 --> 00:21:18.799 So to me, those are sort of our through lines for stock market open today. 00:21:18.960 --> 00:21:26.559 Um, earnings today for stocks to watch are going to be Amazon, Ela Lily, I think already beat. 00:21:26.720 --> 00:21:28.400 Ela Lily already beat, I believe. 00:21:28.640 --> 00:21:34.000 Intel, Caterpillar, um, Sandisc, Starbucks, which who the fuck cares? 00:21:34.319 --> 00:21:34.640 Ice. 00:21:34.960 --> 00:21:35.920 Ice is today. 00:21:36.000 --> 00:21:36.960 It's Coinbase today. 00:21:37.039 --> 00:21:38.559 I think Coinbase is today as well. 00:21:38.720 --> 00:21:41.119 Reddit is today, Riven is today. 00:21:41.200 --> 00:21:41.759 Who cares? 00:21:42.079 --> 00:21:44.160 GoDaddy, Pinterest, Pinterest public? 00:21:44.640 --> 00:21:45.200 Interesting. 00:21:45.359 --> 00:21:47.599 So, anyways, those are our stories of the day. 00:21:47.759 --> 00:21:50.640 Um, all right, it is Thursday, October 29th. 00:21:50.799 --> 00:21:52.160 It is 9 29 a.m. 00:21:52.319 --> 00:21:55.359 The stock market opens at 22 seconds. 00:21:55.599 --> 00:21:57.599 It's a good day today, it's a big day today. 00:21:57.759 --> 00:21:58.640 There's a lot to talk about. 00:21:58.799 --> 00:21:59.759 I'm gonna start it early like. 00:22:00.000 --> 00:22:00.799 I wanna get right on the pur. 00:22:01.119 --> 00:22:02.799 I just want to watch pur for the first couple minutes on the open. 00:22:02.880 --> 00:22:03.359 I think it's gonna be. 00:22:03.519 --> 00:22:04.400 I hope it's cinema. 00:22:04.480 --> 00:22:05.039 I hope it is. 00:22:05.200 --> 00:22:06.240 And it's 9:30 p.m. 00:22:06.319 --> 00:22:07.279 on Thursday, October 29th. 00:22:07.359 --> 00:22:10.240 And the stock market is officially old. 00:22:15.200 --> 00:22:19.359 All right, spy's down 0.5% today. 00:22:19.599 --> 00:22:21.200 Photonics DF is down 1.3. 00:22:21.279 --> 00:22:23.200 The Neo Clint DF is down four. 00:22:23.440 --> 00:22:25.200 Cosby's down 1.25 yesterday. 00:22:25.279 --> 00:22:26.079 Russell's flat. 00:22:26.160 --> 00:22:28.559 The Qs are down 1.4. 00:22:29.039 --> 00:22:29.599 My God. 00:22:29.759 --> 00:22:31.279 Stoxel five and a half. 00:22:31.440 --> 00:22:32.319 Trying green. 00:22:32.480 --> 00:22:35.680 IGV software ETF is down four. 00:22:35.920 --> 00:22:38.640 The mags are down 1.7%, led by Google. 00:22:38.720 --> 00:22:41.759 Dream is down three, but seems to be fighting green on the open. 00:22:41.839 --> 00:22:44.240 And IBB is up 0.3%. 00:22:45.839 --> 00:22:46.559 Is the mic low? 00:22:46.640 --> 00:22:47.519 I can turn it up if it is. 00:22:47.599 --> 00:22:48.240 Let me know. 00:22:48.400 --> 00:22:49.759 Um, y'all love doing this. 00:22:49.839 --> 00:22:50.240 Mike low. 00:22:50.319 --> 00:22:52.400 Bitcoin's over 80, 1284, and Zek. 00:22:52.799 --> 00:22:58.000 Hype 9117 to 92. 00:22:58.160 --> 00:22:58.960 Five minutes ago. 00:22:59.039 --> 00:22:59.839 We'll see what happens here. 00:23:00.000 --> 00:23:00.799 Near's down five. 00:23:00.960 --> 00:23:02.079 Lighter's up eight. 00:23:02.319 --> 00:23:03.599 Pump fun is down three. 00:23:03.839 --> 00:23:05.359 Perr is up 11. 00:23:05.519 --> 00:23:07.279 The hype news, but let's see what happens. 00:23:07.359 --> 00:23:10.559 I I would like to see this thing get slammed, but maybe I'm wrong. 00:23:10.640 --> 00:23:13.359 Um, feels like that's what's supposed to happen right now. 00:23:13.519 --> 00:23:14.960 But what the fuck do I know? 00:23:15.119 --> 00:23:17.680 Uh Sol's 100, stretch 99.88. 00:23:17.759 --> 00:23:18.640 Yields are all down. 00:23:18.799 --> 00:23:22.640 30 years down 0.3, 10 years down 0.4, the two-year is down 0.13. 00:23:23.039 --> 00:23:30.400 Uh, the VIX is up 1.4, Venice is down a quarter, gold is down one, copper's down 1.6, XRP is down two and a half. 00:23:30.640 --> 00:23:37.599 Monero is up 0.29 per

getting crushed on the open so far. 00:23:37.839 --> 00:23:38.960 Hype shorts working. 00:23:39.039 --> 00:23:39.440 Ah, yeah. 00:23:39.519 --> 00:23:43.440 I mean, you got uh whopping like 1% off top tick, but you know. 00:23:43.680 --> 00:23:46.319 No, uh Brent's down one, crude is down two. 00:23:46.960 --> 00:23:48.160 I don't know what to do from here. 00:23:48.240 --> 00:23:50.720 It's sort of one of these things I really don't want to lose my money. 00:23:50.880 --> 00:23:54.400 Um, so if it goes under 88, I'm gonna just panic and freak the fuck out. 00:23:54.480 --> 00:23:55.920 But for now, I feel like a genius. 00:23:56.079 --> 00:23:58.000 Lockheed oh, really? 00:23:58.559 --> 00:24:05.759 Lockheed Martin is up two, Northrop's up 2.5, Raytheon is also up two. 00:24:06.319 --> 00:24:06.880 Gross. 00:24:07.119 --> 00:24:08.640 Pounders down 1.4. 00:24:08.720 --> 00:24:10.640 All right, this is where things get scary. 00:24:11.359 --> 00:24:19.599 Google is down 12 and a half right now, and just getting crushed on the open 13% on Google. 00:24:19.680 --> 00:24:21.039 Just disgusting. 00:24:21.359 --> 00:24:23.599 Marvell is also down 13. 00:24:23.839 --> 00:24:53.920 Cloudflare is down six and a half, Palo Alto is down six, CrowdStrike is down six, Shaw's is down six, Amazon's down four, sand disk is down three, micron's down three, Intel's down three, but green on open, spacex is down three, Robostrategy down two, AMD is down two, SK Heinex ADR is down two, IBM's down two, video is down one, Rocket Lab is down.2, Oracle's down two after a sick day yesterday. 00:24:54.240 --> 00:24:57.920 Netflix is flat after being green in the pre. 00:24:58.160 --> 00:24:58.799 Tesla's flat. 00:24:58.880 --> 00:25:05.359 Microsoft is down one, meta's green, one and a half, Cerebrus is green, Apple is green up two, and Lumentum is up six. 00:25:05.440 --> 00:25:07.200 You just said a short stocks along the coins. 00:25:07.279 --> 00:25:08.240 You're trying to buy stock per. 00:25:08.480 --> 00:25:09.359 I'm not trying to buy it. 00:25:09.440 --> 00:25:15.119 I'm saying that is what I would imagine the funds would buy because that's all that they can buy. 00:25:15.519 --> 00:25:22.960 I, however, am a sophisticated market participant that will be buying the actual coin, is what I'll be doing. 00:25:23.119 --> 00:25:27.440 Um per 11 and hype is 90.6. 00:25:27.599 --> 00:25:30.640 Let's see how this plays out over the first uh 90.3. 00:25:30.960 --> 00:25:32.400 Let's see, let's see how this plays. 00:25:32.480 --> 00:25:35.039 I'm in from here and I don't I I refuse to lose money. 00:25:35.119 --> 00:25:38.079 So if we go like 87, I'm done. 00:25:38.400 --> 00:25:43.839 Um Ba Bio is our obvious lead leader here. 00:25:44.400 --> 00:25:48.400 IBB is up a percent, and the big one, Tulip King. 00:25:48.480 --> 00:25:49.039 Wait, what? 00:25:49.200 --> 00:25:50.400 Did I say 800? 00:25:50.960 --> 00:25:51.599 That's what that says. 00:25:51.759 --> 00:25:52.319 A glitch? 00:25:52.640 --> 00:25:53.119 A glitch? 00:25:53.279 --> 00:25:54.079 Oh, it is a glitch. 00:25:54.160 --> 00:25:55.039 Yeah, there is a high BGF. 00:25:55.200 --> 00:25:55.440 You're right. 00:25:55.920 --> 00:25:56.799 I think that's a glitch. 00:25:56.880 --> 00:25:58.319 800% enhanced gains. 00:25:58.559 --> 00:26:01.839 Um, Eli Lilly's up seven percent emphatic. 00:26:02.640 --> 00:26:04.400 Emphatic ATH. 00:26:04.480 --> 00:26:05.680 Shout out to Tulip King on that. 00:26:05.759 --> 00:26:08.799 7% on like a trillion and a half is nuts. 00:26:09.200 --> 00:26:13.440 That's a insane, insane pump on Eli Lilly. 00:26:13.519 --> 00:26:21.599 Door Dash is up four, eBay is up four, sweet green is up three, Nike is up three, Lululemon is up three, AMC is up two. 00:26:22.000 --> 00:26:23.200 What else do we care about? 00:26:23.359 --> 00:26:24.720 DraftKings is up one. 00:26:24.960 --> 00:26:26.160 Look at FTNT. 00:26:26.240 --> 00:26:27.279 What is FTNT? 00:26:27.440 --> 00:26:30.160 FTNT is down 23%. 00:26:30.880 --> 00:26:32.079 What is FTNT? 00:26:32.240 --> 00:26:33.359 Ford forward in it. 00:26:33.599 --> 00:26:34.319 Cybersecurity. 00:26:34.400 --> 00:26:36.240 Why is everything cybersecurity getting crushed? 00:26:36.319 --> 00:26:36.720 I don't get it. 00:26:36.799 --> 00:26:37.839 Don't we need them more? 00:26:38.240 --> 00:26:40.400 This is why I like I'm so scared to trade stocks. 00:26:40.559 --> 00:26:47.599 I have no like, I was like, saw the bottom of Cloudflare, and then I'm like, Frank D God's placed a limit order. 00:26:47.680 --> 00:26:48.640 We'll look at that in a minute. 00:26:48.799 --> 00:26:50.400 Um, Google's down third. 00:26:50.720 --> 00:26:51.599 Oh my god. 00:26:51.920 --> 00:26:52.960 Holy deaf. 00:26:53.119 --> 00:26:54.160 Frank D Gods is short. 00:26:54.640 --> 00:26:55.680 Send the Frank wallet. 00:26:55.839 --> 00:26:57.200 I feel late on Lily now. 00:26:57.279 --> 00:26:59.440 Yeah, after 8% ATH Smash. 00:26:59.599 --> 00:27:00.799 Why would you feel late on it? 00:27:00.960 --> 00:27:03.039 ATH 10% smash. 00:27:03.680 --> 00:27:04.319 My god. 00:27:04.480 --> 00:27:05.839 Send the Frank wallet for me. 00:27:05.920 --> 00:27:07.599 Um also yeah, Rasmer, are you feeling better? 00:27:07.680 --> 00:27:08.240 Thanks on FOMO. 00:27:08.319 --> 00:27:09.519 I know, but it's I can't see the limit. 00:27:09.599 --> 00:27:12.160 I want to see these uh open orders on hyperdash. 00:27:12.240 --> 00:27:12.640 Let me see. 00:27:12.720 --> 00:27:17.039 He short Dram, Soxel, and he's short 500k of hype. 00:27:17.200 --> 00:27:19.440 Order of 92 to be stopped at a hype. 00:27:19.680 --> 00:27:20.160 No, thank you. 00:27:20.240 --> 00:27:21.200 Yeah, thanks, brother. 00:27:21.359 --> 00:27:23.839 Um he short 500k of hype. 00:27:23.920 --> 00:27:26.079 I'm long about 500k of hype, I think. 00:27:26.319 --> 00:27:27.680 Yeah, same trade. 00:27:27.839 --> 00:27:28.640 Flip sides. 00:27:28.720 -->

00:27:29.680 Good luck, Frankie. 00:27:29.839 --> 00:27:30.559 All right, where are we? 00:27:30.799 --> 00:27:33.279 Dram's down four, soxel down six and a half. 00:27:33.440 --> 00:27:34.079 Jesus. 00:27:34.240 --> 00:27:34.640 Jesus. 00:27:35.119 --> 00:27:35.680 Jesus. 00:27:35.759 --> 00:27:36.160 TG. 00:27:36.319 --> 00:27:38.160 Getty Images filed for bankruptcy. 00:27:38.240 --> 00:27:38.640 Let's see. 00:27:38.799 --> 00:27:40.240 I thought they were getting bought. 00:27:40.400 --> 00:27:41.599 Didn't we cover this before? 00:27:41.759 --> 00:27:43.440 I thought Getty Images got acquired. 00:27:43.599 --> 00:27:45.359 Getty Images files for US bankruptcy. 00:27:45.440 --> 00:27:46.400 I thought they got acquired. 00:27:46.480 --> 00:27:47.839 Didn't we talk about this? 00:27:48.079 --> 00:27:50.640 Um last week, Getty announced plans to file for bankruptcy. 00:27:50.799 --> 00:27:52.480 Getty said affiliates with Getty family. 00:27:53.200 --> 00:27:53.519 Crazy. 00:27:53.599 --> 00:27:55.359 That's uh is it where is the stock? 00:27:55.440 --> 00:27:55.759 Let me see. 00:27:55.839 --> 00:27:56.640 Remember being a story. 00:27:56.720 --> 00:27:57.680 Uh Getty Images? 00:27:57.759 --> 00:27:58.720 Is it public or no? 00:27:58.960 --> 00:27:59.279 No. 00:27:59.680 --> 00:28:01.839 I think yes, but I don't know how to find it. 00:28:04.640 --> 00:28:05.839 No, it's definitely not this. 00:28:06.559 --> 00:28:08.720 Damn, Max is down two and a half. 00:28:08.960 --> 00:28:10.640 So we're filming what happened with hype. 00:28:10.720 --> 00:28:12.160 Um the New York Stock Exchange. 00:28:12.240 --> 00:28:13.839 Uh parent company took a big investment. 00:28:14.000 --> 00:28:14.480 Two and a half. 00:28:14.559 --> 00:28:15.599 IG did sound four and a half. 00:28:15.759 --> 00:28:16.960 IBB is, I mean, look at this chart. 00:28:17.039 --> 00:28:17.680 Look at this chart. 00:28:17.839 --> 00:28:18.799 This is the bio index. 00:28:18.960 --> 00:28:19.440 ATH. 00:28:19.599 --> 00:28:20.559 Greg, are you still in this? 00:28:20.640 --> 00:28:22.480 I feel like Greg, I feel like I'm in this with you. 00:28:22.799 --> 00:28:24.880 By the way, I feel like this is our trade together. 00:28:25.039 --> 00:28:27.119 Me and Greg and IBB. 00:28:27.440 --> 00:28:28.559 This is the original chart. 00:28:28.720 --> 00:28:29.119 Looks good. 00:28:29.440 --> 00:28:32.240 This is like the OG chart looks good. 00:28:32.559 --> 00:28:34.079 This coin is nuts, dude. 00:28:34.160 --> 00:28:34.799 Look at this thing. 00:28:35.039 --> 00:28:36.079 Bio index is crazy. 00:28:36.160 --> 00:28:37.920 I'm seeing the bio everywhere. 00:28:38.240 --> 00:28:40.160 Socks was down 6.6. 00:28:40.400 --> 00:28:42.319 Q is almost down 2%. 00:28:45.039 --> 00:28:47.119 Um spy is now down 0.6. 00:28:47.440 --> 00:28:48.960 NASDAQ is down a 4%. 00:28:49.839 --> 00:28:53.759 Bitcoin's kind of gay chopping at 80, 1270 on Zach. 00:28:54.000 --> 00:28:55.599 Hype 90.6. 00:28:55.680 -->

00:28:56.960 It's doing nothing on the open. 00:28:57.119 --> 00:28:59.200 I was expecting we're gonna get some volatility in the open. 00:28:59.279 --> 00:29:00.640 I guess it just all happened in the pre. 00:29:01.200 --> 00:29:01.920 I don't know. 00:29:02.079 --> 00:29:09.759 Um, not a whole lot going on with per either Eli Lilly slow down 9% on Eli Lilly. 00:29:09.839 --> 00:29:11.279 9% on Eli Lilly. 00:29:11.440 --> 00:29:14.640 Um, oil's on 1.3, crude's on 2.2. 00:29:14.960 --> 00:29:16.000 Where's all the money going? 00:29:16.160 --> 00:29:17.680 Defense, Raytheon, I guess. 00:29:17.839 --> 00:29:22.960 Energy threat energy on what Google down 13 now is insane. 00:29:23.920 --> 00:29:27.279 When's the last time Google Google dropped 13% a day? 00:29:27.440 --> 00:29:30.799 Why is Lily pumping crushed earnings and it's just bio domination? 00:29:30.960 --> 00:29:32.400 NVIDIA's down a full percent now. 00:29:32.640 --> 00:29:33.599 Okay, it's down two. 00:29:33.839 --> 00:29:34.880 SpaceX is down three. 00:29:35.039 --> 00:29:36.559 Amazon is down four. 00:29:36.960 --> 00:29:38.720 Oh boy, look at that. 00:29:38.880 --> 00:29:40.079 Check me XLE. 00:29:40.160 --> 00:29:40.799 Fuck Google. 00:29:40.880 --> 00:29:41.200 Why? 00:29:41.359 --> 00:29:42.640 This is the energy ETF. 00:29:42.799 --> 00:29:43.359 Whoa. 00:29:45.680 --> 00:29:46.960 Holy shit. 00:29:47.200 --> 00:29:52.400 I mean, here's your red day, by the way, on like some downside correlation. 00:29:52.640 --> 00:29:55.440 Sox is not at seven, Dram is down four and a half. 00:29:55.680 --> 00:29:56.720 Crypto's kind of chilling. 00:29:56.799 --> 00:30:02.720 I wonder if it's getting bailed out by a hype thing, but TG, look at Cheesecake Factory. 00:30:02.960 --> 00:30:04.160 My god, with this shit, dude. 00:30:04.319 --> 00:30:05.279 Give me a fucking break. 00:30:05.359 --> 00:30:06.400 Composability, Kyle. 00:30:06.480 --> 00:30:08.559 It's just like, bro, cheesecake factory. 00:30:08.720 --> 00:30:12.400 Give me a fucking her back above 11, basically. 00:30:12.559 --> 00:30:13.839 Hype 90.8. 00:30:14.079 --> 00:30:15.279 I mean, hype is strong. 00:30:15.519 --> 00:30:18.079 Hype is really strong, but it's not doing a whole lot. 00:30:18.240 --> 00:30:19.920 1275 on Zach. 00:30:20.720 --> 00:30:24.400 There's a pretty nasty washout last night, but everything did fine. 00:30:24.480 --> 00:30:25.279 Where's my trading view? 00:30:25.359 --> 00:30:25.920 Where's my trading view? 00:30:26.000 --> 00:30:26.880 Where's my trading view? 00:30:27.200 --> 00:30:27.519 Move it. 00:30:27.680 --> 00:30:29.839 Cheesecake Factory about to be my employer. 00:30:30.160 --> 00:30:30.640 Facts. 00:30:30.799 --> 00:30:31.200 All right, yo. 00:30:31.359 --> 00:30:31.839 Yo, yo. 00:30:32.079 --> 00:30:33.839 I got like uh fuck man. 00:30:34.079 --> 00:30:34.720 This is crazy. 00:30:34.880 --> 00:30:37.279 I got like 20 minutes, dude, and I gotta go. 00:30:37.440 --> 00:30:38.880 I gotta go in

like 20 minutes. 00:30:39.039 --> 00:30:40.000 Um, all right. 00:30:40.079 --> 00:30:41.599 This financing is crazy. 00:30:41.759 --> 00:30:46.079 I don't have any like comms that you don't, but I figured I would just go live. 00:30:46.160 --> 00:30:47.119 I saw it happen. 00:30:47.279 --> 00:30:50.160 I kind of play I I don't know, I saw it happen, I just immediately close everything. 00:30:50.240 --> 00:30:52.799 What else are you supposed to do other than immediately close everything? 00:30:52.960 --> 00:30:54.480 Then I started shorting. 00:30:54.720 --> 00:30:55.920 Um, I traded. 00:30:56.319 --> 00:31:00.559 I lost like basically gave back all my hyperliquid profits, but it it is what it is. 00:31:00.640 --> 00:31:05.839 Uh, there's bigger problems at stake here than my 20k of fell profits. 00:31:05.920 --> 00:31:08.799 There's like much bigger problems here than that. 00:31:09.279 --> 00:31:11.359 Um, all right, let's just talk about it. 00:31:11.599 --> 00:31:12.400 CZ just tweet. 00:31:12.559 --> 00:31:17.119 Give me just give me comms because I don't have anything that you don't at the moment, but I'm just trying to like all right. 00:31:17.200 --> 00:31:17.839 CZ tweeted. 00:31:17.920 --> 00:31:18.799 Is the market moving on that? 00:31:18.960 --> 00:31:19.759 Probably right. 00:31:20.160 --> 00:31:20.880 Let's see. 00:31:21.119 --> 00:31:22.480 User funds are safe. 00:31:22.640 --> 00:31:24.559 It does look like a hack on Binance. 00:31:24.640 --> 00:31:25.519 Yeah, you think? 00:31:25.680 --> 00:31:26.400 BMB. 00:31:26.640 --> 00:31:29.119 Here's the thing is like, feels like that's your catalyst. 00:31:29.759 --> 00:31:32.000 It feels like that's your catalyst, and what are you supposed to do? 00:31:32.079 --> 00:31:33.920 I I don't know, like you're supposed to long shit here. 00:31:34.000 --> 00:31:34.400 I can't. 00:31:34.640 --> 00:31:37.519 Apparently, the quick free uh appear to the quick free from Tether and Soracle. 00:31:37.599 --> 00:31:40.640 I don't mind Banks a company where as a shareholder expect user funds to be fully recovered. 00:31:40.880 --> 00:31:44.720 Here's the thing is like, first of all, hype PA was nuts through this. 00:31:44.960 --> 00:31:46.160 Uh X quit. 00:31:46.240 --> 00:31:47.359 All right, give me comms. 00:31:47.680 --> 00:31:49.599 Hype, obvious winner from this. 00:31:49.680 --> 00:31:53.279 Did they say Binance is biggest assets were 1.6 billion USDT. 00:31:53.359 --> 00:31:58.160 Here's a good thing, by the way, really quick is like it's not that much money, all things considered, for how much money Binance makes. 00:31:58.240 --> 00:32:00.960 Like two, three billion dollars is not the end of the world. 00:32:01.039 --> 00:32:04.799 Um, as far as they can recover the funds. 00:32:04.960 --> 00:32:10.079 Now, as far as trust on the industry goes, this is a whole different beast. 00:32:10.400 --> 00:32:17.359 It's kind of like a 1010 situation where it's like, okay, if you survive, the next step

is pretty dark. 00:32:17.599 --> 00:32:18.480 User funds are safe. 00:32:18.559 --> 00:32:21.519 I mean, here's the problem is like, what do you do now with coins? 00:32:21.599 --> 00:32:26.960 It's like it's fucking Binance, it's the most used, widely viral, trusted exchange that there is. 00:32:27.119 --> 00:32:33.839 Balances everywhere, hype 95, 97 on Seoul, deck 1282, B is 712. 00:32:34.000 --> 00:32:38.880 You're like, if you had money on Binance, you're gonna get your money back. 00:32:39.200 --> 00:32:42.319 Okay, it's not like a FTX day one situation. 00:32:42.480 --> 00:32:44.240 I do need to spit the gum out, you're right. 00:32:44.480 --> 00:32:46.160 So I'm fucking stressed, man. 00:32:46.319 --> 00:32:47.680 I was in the shower, bro. 00:32:47.839 --> 00:32:48.960 No, I was at the gym. 00:32:49.119 --> 00:32:52.400 I started running, I started like fucking sprinting to my house. 00:32:52.559 --> 00:32:53.039 Fuck. 00:32:53.200 --> 00:32:56.079 Here's the problem it's like, okay, I had all these coins. 00:32:56.160 --> 00:32:57.359 Binance Binance is real. 00:32:57.440 --> 00:33:02.079 Yes, Binance is real, but it seems to be relatively contained. 00:33:02.400 --> 00:33:05.359 From my understanding, let's see, freeze. 00:33:05.440 --> 00:33:08.240 I think Tether and Circle both froze. 00:33:08.400 --> 00:33:11.839 Um, tether froze a billion dollars. 00:33:12.160 --> 00:33:12.960 USDT. 00:33:13.039 --> 00:33:14.640 And it is a monster number, truly. 00:33:14.720 --> 00:33:18.160 No, I mean it's not a lot of money in the sense of like they can they can refund it. 00:33:18.240 --> 00:33:20.799 Okay, the implications of this are obviously massive, though. 00:33:20.960 --> 00:33:25.680 A billion dollars frozen from Tether, and then I think Circle froze something too. 00:33:25.839 --> 00:33:27.759 Circle froze 828 million. 00:33:27.920 --> 00:33:29.039 List of exchanges hacked today. 00:33:29.119 --> 00:33:30.880 Buy 93.5 billion, buybit 1 billion. 00:33:30.960 --> 00:33:32.000 No, I don't think that's true. 00:33:32.160 --> 00:33:34.000 Holy fuck, it's 5.5. 00:33:34.400 --> 00:33:35.359 Is it still going? 00:33:35.519 --> 00:33:37.200 Can you can you link that as a tweet? 00:33:37.359 --> 00:33:39.200 Oh, 5.5. 00:33:40.000 --> 00:33:41.279 Oh lord. 00:33:41.519 --> 00:33:43.359 5.5 billion dollars. 00:33:43.519 --> 00:33:48.079 I'm obviously not the fucking forensic guy for this, by the way, but like no one else is streaming. 00:33:48.240 --> 00:33:49.359 So what am I supposed to do? 00:33:49.599 --> 00:33:50.319 Long BNB. 00:33:50.400 --> 00:33:50.880 Here's the problem. 00:33:50.960 --> 00:33:56.319 I've been shorting BNB, but it's like, bro, the dust settlement on this is horrifying. 00:33:56.400 --> 00:33:58.960 Oh my god, Coinbase is on earnings call right now? 00:33:59.279 --> 00:33:59.839 Stop. 00:34:00.079 --> 00:34:01.200 No, no, no, no, no. 00:34:01.279 --> 00:34:02.480 They're on earnings call right now. 00:34:02.720 --> 00:34:03.279 That we're uniquely. 00:34:03.759 --> 00:34:05.440 Oh my god, they're on earnings call right now? 00:34:05.599 --> 00:34:07.200 Yeah, I'm excited about tokenized equities. 00:34:07.359 --> 00:34:07.680 Dog! 00:34:08.159 --> 00:34:08.400 Thanks. 00:34:08.880 --> 00:34:09.679 Thanks, Lorenzo. 00:34:09.760 --> 00:34:17.599 We're gonna go to our last analyst today, and I'd like to introduce Amsom, who is the host of Market Bubble, to ask us a few questions. 00:34:17.760 --> 00:34:19.519 Oh Hey, how are you guys doing? 00:34:19.599 --> 00:34:20.960 Thanks for having me on. 00:34:21.440 --> 00:34:22.960 Yeah, thanks for being here. 00:34:23.280 --> 00:34:24.960 Um, yeah, so uh this is cool. 00:34:25.039 --> 00:34:28.559 Actually, I bought my first Bitcoin on Coolbase back in 2017. 00:34:28.639 --> 00:34:30.239 So this is this is crazy for me. 00:34:30.400 --> 00:34:39.280 Um, but I know you guys are trying to verticalize a lot of the stack as a financial application from spot trading, prediction markets, stablecoin interest, and also institutional trading. 00:34:39.360 --> 00:34:42.000 But there are also a lot of other companies that are trying to do the same thing. 00:34:42.159 --> 00:34:45.599 How do you guys differentiate in those plans from your competitors? 00:34:45.920 --> 00:34:47.760 Yeah, it's um it's a great question. 00:34:47.920 --> 00:34:48.880 So I do think you're right. 00:34:49.119 --> 00:34:53.199 There are more and more people coming together around this everything exchange idea, integration. 00:34:53.599 --> 00:34:55.519 Legal wang tweaks, stop, stop, stop. 00:34:55.760 --> 00:35:04.800 And you know, I'd say one other advantage that that Coinbase has is we actually serve um not just consumers, but we also serve institutions. 00:35:04.960 --> 00:35:08.079 We have a developer infrastructure that the product that we sell. 00:35:08.320 --> 00:35:32.960 And so, you know, I think it's a little easier to run a business Wow. 00:35:33.280 --> 00:35:34.639 I don't think it's even down that bad. 00:35:36.639 --> 00:35:40.880 Tether foe's more than uh 1.567 UCT rate dependential bonding chat. 00:35:44.159 --> 00:35:45.599 Tetherfo's 1.5 billion. 00:35:45.840 --> 00:35:46.800 Are we moon on that? 00:35:47.280 --> 00:35:48.079 Same announcement, right? 00:35:48.159 --> 00:35:48.960 It's bad, it's old. 00:35:49.440 --> 00:35:49.760 I don't know. 00:35:49.840 --> 00:35:51.119 What the fuck are you supposed to pay? 00:35:51.280 --> 00:35:53.360 It's Monero, I guess, and Zek. 00:35:53.840 --> 00:35:54.639 Just private money. 00:35:55.039 --> 00:35:55.840 1267. 00:35:56.239 --> 00:35:57.039 Watch our guru. 00:35:57.199 --> 00:35:57.599 Fuck it. 00:35:57.760 --> 00:35:58.480 I gotta go. 00:35:58.639 --> 00:36:00.480 Oh, this is such bad timing. 00:36:00.639 --> 00:36:02.079 This is such bad timing. 00:36:02.400 --> 00:36:04.480 Asia wakes up in 30 minutes. 00:36:05.119 --> 00:36:07.599 What time in Korea right now? 00:36:07.920 -->

00:36:09.199 630. 00:36:09.599 --> 00:36:11.760 Um, what time is it in China? 00:36:12.079 --> 00:36:13.519 530. 00:36:14.159 --> 00:36:14.800 Hype? 00:36:14.960 --> 00:36:16.880 I fucking panicked on my hype. 00:36:16.960 --> 00:36:18.159 Because what was I supposed to do? 00:36:18.400 --> 00:36:19.440 Should I move my funds? 00:36:19.519 --> 00:36:22.400 No, you're f- I mean, I can't tell you no. 00:36:24.239 --> 00:36:28.159 But your funds are I guess I can't say no with a straight face. 00:36:28.400 --> 00:36:29.119 I don't know. 00:36:29.280 --> 00:36:30.800 I can't tell you your funds are safe. 00:36:30.880 --> 00:36:31.920 There's no way I could say that. 00:36:32.000 --> 00:36:39.679 But I I I would imagine they're you're you're like, at least at this current moment, you're you're probably pretty good, but I I can't really like tell you that confidently. 00:36:40.079 --> 00:36:43.199 I don't know how I could say how how I could answer that, to be honest. 00:36:43.360 --> 00:36:44.239 Move it where, yeah. 00:36:44.400 --> 00:36:45.840 Move it to fucking Coinbase. 00:36:46.239 --> 00:36:47.920 I don't even know what to tell you. 00:36:48.079 --> 00:36:51.360 Um, yeah, I don't even know what to tell you about that. 00:36:51.519 --> 00:36:52.400 Gold Zach. 00:36:52.639 --> 00:36:56.159 I I mean I fucking panic sold everything, but what am I supposed to do? 00:36:56.400 --> 00:36:57.519 Binance hacked? 00:36:57.679 --> 00:36:59.440 Like, what the fuck, man? 00:36:59.599 --> 00:37:01.199 What the fuck, guys? 00:37:01.360 --> 00:37:04.480 You know, it's like what what the fuck, man? 00:37:04.719 --> 00:37:05.760 Binance hacked. 00:37:05.920 --> 00:37:06.960 Binance hacked. 00:37:07.039 --> 00:37:08.800 You're supposed to be spot and chill. 00:37:08.880 --> 00:37:10.239 What the fuck, guys? 00:37:10.400 --> 00:37:11.760 What do you want me to do? 00:37:12.239 --> 00:37:15.360 Like, I'm trying to get a fucking chest pump. 00:37:15.440 --> 00:37:18.559 And you're like, Binance hacked, Binance, Bybit is hacked too. 00:37:18.719 --> 00:37:19.280 Seriously? 00:37:19.519 --> 00:37:20.480 Bybit down. 00:37:20.719 --> 00:37:21.360 Come on, man. 00:37:21.440 --> 00:37:22.639 This has gotta be fake. 00:37:23.360 --> 00:37:25.360 Why would you sell hype if Binance is hacked? 00:37:25.440 --> 00:37:29.599 I don't know, because it's the biggest crypto exchange by like tenfold in the fucking world. 00:37:29.840 --> 00:37:30.320 I don't know. 00:37:30.480 --> 00:37:38.480 Why why would you sell Intel when NVIDIA reveals like, I don't know, their fucking every GPU they've ever created is like I don't fucking know, man. 00:37:38.719 --> 00:37:40.320 Yeah, I I wish I had more for you. 00:37:40.400 --> 00:37:41.039 I got nothing. 00:37:41.199 --> 00:37:46.719 At this stage, at this stage, we have not confirmed any impact to user funds. 00:37:46.880 --> 00:37:47.920 They reposted it. 00:37:48.159 --> 00:37:48.559 Huh. 00:37:48.960 --> 00:37:50.320 Zach 1278. 00:37:50.559 --> 00:37:52.000 Bitcoin kind of chilling. 00:37:52.239 --> 00:37:53.280 Hype 94. 00:37:53.360 --> 00:37:55.519 Oh my god, I bought them sold hype, dude. 00:37:55.679 --> 00:37:56.639 They got me, bro. 00:37:56.719 --> 00:37:57.519 I don't know what to tell you. 00:37:57.599 --> 00:37:58.320 They fucking got me. 00:37:58.400 --> 00:37:59.360 I was so rich this morning. 00:37:59.519 --> 00:38:01.119 Lighter back over three. 00:38:01.199 --> 00:38:01.679 Look at that. 00:38:01.840 --> 00:38:03.760 Lighter got hit the most, which is crazy. 00:38:04.000 --> 00:38:05.519 Hi Pico sold. 00:38:06.159 --> 00:38:08.000 Um Zach 1290. 00:38:08.079 --> 00:38:09.119 I can't believe it. 00:38:09.760 --> 00:38:11.440 Yeah, I don't have that many updates for you. 00:38:11.599 --> 00:38:12.639 Are we longing here? 00:38:12.880 --> 00:38:13.519 I don't know. 00:38:13.760 --> 00:38:15.280 My thought process was basically this. 00:38:15.360 --> 00:38:16.159 It's like, okay. 00:38:16.320 --> 00:38:17.920 It's just like a trust thing. 00:38:18.159 --> 00:38:30.960 It's it's less about a hole in the Binance balance sheet and more like, okay, you dump it, you short it, you then get good news, and you rip it a little bit, and then everybody wakes up and they're like, okay, now what? 00:38:31.119 --> 00:38:31.760 What now? 00:38:32.000 --> 00:38:34.719 Intel's down 25%, Amazon got destroyed. 00:38:34.880 --> 00:38:40.159 Like, you wake up in the this is one of those, like I remember after 1010, not to be not to compare this to anything, but I'm just gonna give you my takes. 00:38:40.480 --> 00:38:43.280 Raw, I obviously didn't fucking prepare for this stream. 00:38:43.840 --> 00:38:47.519 I remember after 1010, they destroyed everything and then they bounced it. 00:38:47.679 --> 00:38:53.119 And then everybody woke up in the morning and was like, uh, alright, now what do we do? 00:38:54.079 --> 00:38:54.639 Now what? 00:38:54.800 --> 00:38:55.599 What the fuck now? 00:38:55.840 --> 00:38:57.039 What am I supposed to do now? 00:38:57.199 --> 00:38:59.280 And nobody had an answer to that, obviously. 00:38:59.440 --> 00:39:03.280 But it's feeling a little bit like a now what type of situation. 00:39:03.360 --> 00:39:03.840 Like, I don't know. 00:39:03.920 --> 00:39:04.719 What am I supposed to do here? 00:39:04.800 --> 00:39:06.800 Buy other than hyperliquid and the private money stuff. 00:39:06.880 --> 00:39:07.519 What are you supposed to do? 00:39:07.679 --> 00:39:09.440 So if you learn that from 1010, why do you sell? 00:39:09.599 --> 00:39:11.199 Binance is the Binance is the biggest exchange. 00:39:11.519 --> 00:39:12.960 How much money does Binance have on the exchange? 00:39:13.039 --> 00:39:14.159 How much do you lose on 1010? 00:39:14.239 --> 00:39:15.119 A couple hundred K, I think. 00:39:15.280 --> 00:39:17.920 Binance is$150 billion on the exchange. 00:39:18.000 --> 00:39:20.159 And no, and by the way, no comms. 00:39:20.320 --> 00:39:22.719 No comms

on like what just happened, nothing. 00:39:22.880 --> 00:39:25.199 No space, no emergency live stream, nothing. 00:39:25.519 --> 00:39:29.440 Just sitting here on a thread guy stream trying to figure out what we're supposed to do. 00:39:29.599 --> 00:39:37.280 The biggest exchange, the biggest crypto exchange in the world,$150 billion, and we're we're listening to Thread Guy talking about bottom selling height. 00:39:37.440 --> 00:39:39.840 What the fuck has this has this come to, you know? 00:39:40.000 --> 00:39:41.440 What has this fucking come to? 00:39:41.599 --> 00:39:43.360 No comms, chats are dead. 00:39:43.440 --> 00:39:45.039 It's like this it's crazy. 00:39:45.199 --> 00:39:48.320 This will be the largest hack in history by multiple. 00:39:48.559 --> 00:39:55.119 Actually, might be the largest cyber attack in general for all the internet, regardless of crypto. 00:39:55.360 --> 00:39:58.960 Uh, I seem to have severely underestimated how big that number is. 00:39:59.199 --> 00:40:04.079 My take on it was they are just going to obviously pay everybody back in one second. 00:40:04.400 --> 00:40:08.800 Okay, uh, largest internet hacks by dollar amounts. 00:40:09.119 --> 00:40:09.840 Bybit. 00:40:10.000 --> 00:40:11.599 Oh my god, they're all crypto. 00:40:11.760 --> 00:40:13.119 Are you fucking kidding me? 00:40:13.280 --> 00:40:14.079 It's all crypto. 00:40:14.239 --> 00:40:16.559 Bybit, 2025, 1.5 billion. 00:40:16.800 --> 00:40:18.159 It's all crypto. 00:40:18.400 --> 00:40:20.400 Pauli network, 2021, 600 million. 00:40:20.480 --> 00:40:23.039 Number three, Ronan Network, Axene Infinity, 600 million. 00:40:23.119 --> 00:40:25.519 Number four, Mount Gox, 400 million. 00:40:25.599 --> 00:40:26.400 It's oh. 00:40:26.800 --> 00:40:28.320 This this is counting damage. 00:40:28.480 --> 00:40:29.280 It's all crypto. 00:40:29.360 --> 00:40:30.559 Are you fucking kidding me? 00:40:30.800 --> 00:40:33.440 It's the biggest by like a massive margin. 00:40:33.519 --> 00:40:34.559 And so I just don't. 00:40:34.719 --> 00:40:35.199 I don't know. 00:40:35.280 --> 00:40:36.639 People are like wall of worry. 00:40:36.719 --> 00:40:38.239 I'm like, fuck, man. 00:40:38.559 --> 00:40:39.920 Tell your date the pits is high. 00:40:40.000 --> 00:40:42.480 I know it's a really bad time for a fucking date, huh? 00:40:42.639 --> 00:40:47.280 It's like a really bad time to go fucking eat some Caprace, dude. 00:40:47.440 --> 00:40:48.320 Oh my god. 00:40:48.480 --> 00:40:49.119 Oh my god. 00:40:49.360 --> 00:40:50.639 Garlic bread and shit. 00:40:50.880 --> 00:40:51.760 Oh my god. 00:40:52.159 --> 00:40:52.480 Oh. 00:40:54.880 --> 00:40:56.719 I actually appreciate the right guy. 00:40:57.920 --> 00:40:59.199 Panicking but navigating it. 00:40:59.280 --> 00:40:59.840 I mean, what am I? 00:41:00.159 --> 00:41:04.000 Here's the thing is like, uh I'm just gonna give you my honest takes right now and we're gonna just get done. 00:41:04.159 --> 00:41:04.880 I'm gonna give

my takes. 00:41:05.039 --> 00:41:05.840 I don't care what anyone thinks. 00:41:05.920 --> 00:41:07.599 I'm just gonna give you my takes and we're gonna move on. 00:41:07.760 --> 00:41:09.280 I'm gonna be done with the stream because I gotta go. 00:41:09.440 --> 00:41:10.239 Is I'm sorry. 00:41:10.320 --> 00:41:12.800 I don't care how you cut it, I don't care what you say about it. 00:41:12.880 --> 00:41:13.840 This is this is bad. 00:41:14.000 --> 00:41:14.559 It's bad. 00:41:14.719 --> 00:41:16.000 Yes, you're gonna get made whole. 00:41:16.079 --> 00:41:18.159 Yes, Binance has 150 billion dollars. 00:41:18.239 --> 00:41:19.280 Yes, they're gonna pay you back. 00:41:19.360 --> 00:41:21.039 Yes, you're gonna lose no money, but I'm sorry. 00:41:21.199 --> 00:41:26.880 Fucking the biggest crypto exchange in the world, by the way, many X has just got exploited for five and a half billion dollars. 00:41:27.119 --> 00:41:46.000 As we know, it's three X more than the largest X than the largest internet hack ever, which was fucking Bybit, which is three X bigger than the largest exchange ever, which was Poly Gone, I believe, which was three X bigger than the largest hack ever, which was fucking Ronin, which is three X bigger than the other largest internet hack ever, which is Mt. 00:41:46.079 --> 00:41:46.480 Gox. 00:41:46.639 --> 00:41:49.519 I know that's a thing that happens in crypto, but people are scared. 00:41:49.599 --> 00:41:53.280 This is the problem, is like, why do we dump on Justin Drake posts? 00:41:53.440 --> 00:41:55.519 It's because people are scared. 00:41:55.599 --> 00:41:57.760 They don't trust anything, they don't trust the security. 00:41:57.840 --> 00:42:00.960 And yes, it hasn't happened yet, but what if it's about to happen later? 00:42:01.280 --> 00:42:11.360 Okay, and so look, the more time that goes on, the more hacking and exploiting people try, and the longer crypto cryptography stays afloat, the higher it can potentially go. 00:42:11.519 --> 00:42:15.519 But to say like wall of worry is climbed to me is nuts. 00:42:15.599 --> 00:42:16.480 I'm sorry. 00:42:16.639 --> 00:42:17.679 I I don't know. 00:42:18.000 --> 00:42:19.039 I closed everything. 00:42:19.119 --> 00:42:19.679 I'll come back. 00:42:19.760 --> 00:42:23.519 Look, I've been so I've had the worst, I've had a horrific two months of trading. 00:42:23.679 --> 00:42:24.639 I've been schizo. 00:42:24.960 --> 00:42:25.760 I've been all over the place. 00:42:25.840 --> 00:42:30.639 I've been long, short, long, short, was up 50k on hype today, sold the bottom on a hack. 00:42:30.719 --> 00:42:32.880 But man, I don't know, five and a half billion dollars. 00:42:32.960 --> 00:42:33.599 It's a big deal. 00:42:33.679 --> 00:42:37.599 I have an infinite confidence in crypto's ability to deal with this shit as it hits. 00:42:37.679 --> 00:42:47.119 I have infinite confidence in the crypto industry to figure it out and to update and to move proactively and to operate better than the web 2 internet, but everything's getting hacked. 00:42:47.360 --> 00:42:48.960 There was a the polymarket thing today. 00:42:49.039 --> 00:42:50.239 I haven't heard a debrief about that. 00:42:50.400 --> 00:42:51.920 Everything, everything's getting hacked. 00:42:52.000 --> 00:42:53.039 I don't know what to say. 00:42:53.199 --> 00:42:54.400 So it's a little bit scary. 00:42:54.480 --> 00:42:56.480 I'm in cash and I got a date, dude. 00:42:56.639 --> 00:42:57.679 I got a fucking date. 00:42:57.840 --> 00:42:59.280 I have a date right now, by the way. 00:42:59.360 --> 00:43:00.559 Like right this second. 00:43:00.719 --> 00:43:03.280 Like, like, like I gotta watch on. 00:43:03.360 --> 00:43:05.199 I have it like right this second. 00:43:05.280 --> 00:43:09.199 Like I'm gonna walk outside and it's like it's like right this second, okay? 00:43:09.519 --> 00:43:10.559 TG, read this. 00:43:10.639 --> 00:43:15.119 They used their zero-day attack and only got away with 2.5 billion from the biggest exchange. 00:43:15.360 --> 00:43:18.400 Only got away with$2.5 billion? 00:43:18.800 --> 00:43:19.840 What are you talking about? 00:43:20.000 --> 00:43:23.119 It's also it was five and a half, and that makes them what? 00:43:23.280 --> 00:43:26.800 Snap call like it's just I don't know, it's a lot. 00:43:26.960 --> 00:43:31.840 That would make this hacker instantly the there's a lot of fucking billionaires, huh? 00:43:32.000 --> 00:43:33.039 Yeah, shout out to Paolo. 00:43:33.280 --> 00:43:34.239 There's a lot of fucking billionaires. 00:43:34.320 --> 00:43:35.519 I thought this was gonna be a bigger number. 00:43:35.679 --> 00:43:36.079 Jesus. 00:43:36.320 --> 00:43:37.760 Doesn't even crack top 500. 00:43:37.840 --> 00:43:38.320 It's crazy. 00:43:38.800 --> 00:43:39.360 Maybe you're right. 00:43:39.519 --> 00:43:40.079 Maybe you're right. 00:43:40.239 --> 00:43:41.519 Doesn't even crack top 500. 00:43:41.599 --> 00:43:43.039 So yeah, look, I'm there's no panic. 00:43:43.199 --> 00:43:45.679 We're we're gonna be back and we're gonna be complete, we're gonna be fine. 00:43:45.760 --> 00:43:46.480 I I think. 00:43:46.719 --> 00:43:47.760 Here's what I'd say. 00:43:47.920 --> 00:43:52.400 I trust our ability to navigate the situation as a like stream and as a community. 00:43:52.480 --> 00:43:54.159 Like, I'm not here to panic you at all. 00:43:54.400 --> 00:43:56.480 If you have funds at Binance, it's probably gonna be fine. 00:43:56.559 --> 00:43:57.840 I'm not here to make you panic, but I don't know. 00:43:57.920 --> 00:44:00.480 It's like you guys want me to get on a fucking live stream, give my honest thoughts. 00:44:00.639 --> 00:44:02.000 Well, I panicked. 00:44:02.079 --> 00:44:03.760 I did what any normal human being would do. 00:44:03.840 --> 00:44:05.039 I fucking panicked. 00:44:05.119 --> 00:44:05.840 I sold everything. 00:44:05.920 --> 00:44:10.239 You see, you see, I I did what any regular man would do, I panicked. 00:44:10.400 -->

00:44:11.920 Okay, this is all I can do. 00:44:12.000 --> 00:44:14.000 Um, I got no extra information from you. 00:44:14.079 --> 00:44:16.239 I am not gonna go, I'm not gonna start longing. 00:44:16.559 --> 00:44:21.519 I respect Lee Goon Wang, but Lee Goon Wang made like$50 million on Zek. 00:44:21.599 --> 00:44:22.800 He can afford to step in here. 00:44:22.880 --> 00:44:25.119 I don't have$50 million to step in with. 00:44:25.280 --> 00:44:25.599 Okay. 00:44:26.000 --> 00:44:27.280 I'm gonna get off. 00:44:27.840 --> 00:44:31.519 I sold everything because I don't know, I explained why I did. 00:44:31.599 --> 00:44:34.000 Because why the f what else was I supposed to do? 00:44:34.159 --> 00:44:36.639 Um, I know Recto Glizzy said I'm an emotional trader. 00:44:36.719 --> 00:44:37.519 I'm sorry, dude. 00:44:37.679 --> 00:44:38.400 I I truly am. 00:44:38.480 --> 00:44:39.360 That I saw bottom. 00:44:39.440 --> 00:44:40.800 I hope because you're a pussy. 00:44:40.880 --> 00:44:41.280 I hope. 00:44:41.360 --> 00:44:45.440 I I hope I'm a pussy and I bottom sold, is is what I think happened. 00:44:46.159 --> 00:44:53.199 Um if you're new here and you pulled up for this stream, I am live every morning at 8:30 a.m. 00:44:53.360 --> 00:44:53.760 EST. 00:44:53.840 --> 00:44:55.119 I have no updated comms. 00:44:55.280 --> 00:44:56.159 Funds are frozen. 00:44:56.320 --> 00:44:59.920 You are gonna get them back if you lost money on Binance, and we are going to be fine. 00:45:00.079 --> 00:45:01.199 You are gonna be fine. 00:45:01.440 --> 00:45:04.159 I do think this is one of those type of type of things, though. 00:45:04.320 --> 00:45:07.920 You wake up in the morning and you're like, now what? 00:45:08.400 --> 00:45:11.679 And uh yeah, so uh yeah. 00:45:11.920 --> 00:45:13.440 Also, Intel's down 30%. 00:45:13.840 --> 00:45:17.039 So if you're new here, I'm live every morning at 8:30 a.m. 00:45:17.599 --> 00:45:18.159 ST. 00:45:18.320 --> 00:45:19.679 I love you, I appreciate you. 00:45:19.840 --> 00:45:25.679 If you are in a fucking hole because of this, we're gonna be fine, but this is the game that we play. 00:45:25.760 --> 00:45:30.880 You you trade these markets, we take risk, and we trade the riskiest, most terrifying market to ever exist. 00:45:31.039 --> 00:45:34.719 Heineken, dude, no, no, Heineken, no. 00:45:35.039 --> 00:45:40.320 Oh, Heineken, no, no, no, dude, Heineken. 00:45:40.559 --> 00:45:41.599 Oh my god. 00:45:42.400 --> 00:45:43.119 Heineken. 00:45:43.519 --> 00:45:45.679 I I I don't even know what to say to you, dude. 00:45:48.239 --> 00:45:51.760 Heineken, I don't even know what to say to you right now. 00:45:51.920 --> 00:45:53.679 I I have nothing, dude. 00:45:53.760 --> 00:45:54.320 I'm sorry. 00:45:54.559 --> 00:45:55.440 Truly, I'm sorry. 00:45:55.679 --> 00:45:56.880 Heineken, I'm sorry. 00:45:57.039 --> 00:45:58.400 I I got nothing, dude. 00:45:58.719 --> 00:45:59.519 I'm sorry. 00:45:59.920 --> 00:46:01.360 I truly am sorry. 00:46:01.760 --> 00:46:04.719 Um, I just that just broke my heart. 00:46:04.880 --> 00:46:05.440 It did. 00:46:05.519 --> 00:46:08.400 I that just truly, truly just broke my heart. 00:46:08.559 --> 00:46:09.920 Heineken, I'm sorry, man. 00:46:10.000 --> 00:46:14.159 I yelled at you, I called you a fucking pussy piece of shit. 00:46:14.320 --> 00:46:15.920 I I said some nasty things to you. 00:46:16.000 --> 00:46:17.280 And uh, I'm sorry, man. 00:46:17.360 --> 00:46:18.880 I'd give you a hug if I could. 00:46:19.119 --> 00:46:20.000 Alright, guys. 00:46:20.159 --> 00:46:29.599 Uh I I I I wish it could be a more exciting stream, but uh look, at the end of the day, I gotta I gotta I gotta get on here and and talk about it because who 'cause who else is gonna fucking do it? 00:46:29.679 --> 00:46:30.079 I'll do it. 00:46:30.239 --> 00:46:30.639 I'll do it. 00:46:30.719 --> 00:46:32.079 Just get me up there, I'll do it. 00:46:32.239 --> 00:46:33.360 Um I love you to death. 00:46:33.519 --> 00:46:34.159 I appreciate you. 00:46:34.239 --> 00:46:38.079 It is gonna be fine, but it uh it's always dark as before pitch black.