On the mic
Summary
This episode of All Things Crypto was recorded during a sharp market sell-off, and the panel joked about using a fear-driven clickbait title to draw listeners in. Kool warned that bearish influencers profit from panic. He laid out three options: buy the dip on one or two favorite projects, work through testnet airdrops, or do nothing. NatNat covered the TradFi side: the SAM rule recession signal, the unwinding Japan carry trade, talk of an emergency rate cut, and a VIX that rose over 100% in one day. NatNat contrasted bearish put buying in stocks with big buying in crypto. Dave walked through how Bitcoin volume rose as the price fell and recovered, explained the carry trade, and shared headlines on Bitcoin ETF volume, Polymarket bets and a former Ripple board member joining the Kamala Harris campaign. The panel also discussed Vitalik selling meme tokens sent to him, and each speaker explained what they do when their portfolio shows a sea of red. All of this is discussion, not financial advice.
Chapters
NatNat on short positions paying off, the stock and crypto divergence, and the Japan carry tradeMomentAt 0:07:21 on X
Kool on clickbait bears, the largest liquidation in three years, and options for buying the dip, testnets or doing nothingMomentAt 0:08:46 on X
Dave on buying Bitcoin at 52,000 and the volume cycle as institutions shake out paper handsMomentAt 0:19:40 on X
NatNat's TradFi breakdown: SAM rule, yen carry trade, emergency rate cut talk, VIXMomentAt 0:27:20 on X
Kool on what to do without money to DCA: consolidating positions, testnets, the runestone NFTMomentAt 0:35:08 on X
MetaBeast on Stacks with Nakamoto coming, the central bank smoker analogy, and how they DCAMomentAt 0:42:08 on X
Former Ripple board member joins the Kamala Harris campaign, Polymarket Bitcoin bets, and ETF custody flowsMomentAt 0:57:19 on X
Closing thoughts, upcoming spaces, Voice F recap, and a $5,000,000,000 ETF inflow headlineMomentAt 1:26:13 on X
Key quotes
“Don't don't don't let the fear mess you up, my guys.”
Kool0:05:26Share on X
“If they're buying, why would we be selling?”
NatNat0:14:45Share on X
“If you have a network out here, you are a massively, massively valuable individual.”
Dave0:51:20Share on X
“And the other thing to keep in mind is that millionaires are made in markets like these.”
Excerpts
Opening: markets bleeding and a small room to start
- 0:03:53 Dave Oh my god. The crypto markets are bleeding. Everybody's staying at home. Nobody wants to come out of the spaces to show their faces or talk about their trees.
- 0:04:06 Dave It's like, hey. Alright, guys. Looks like it's gonna be the five of us today. We're gonna kill it. Oh, and there's Taxi for the win. Let's go. First, I see you taxi. What up? That man was good. Cool. Nat, my peeps…
- 0:04:36 Kool I'm good. I'm good, man. The first thing is we we need to change the title, man. It it is more scary. That's scary enough, bro.
Kool suggests the clickbait title and explains why fear sells
- 0:04:44 Kool put it to Bitcoin to 10 k, bro. If you do that, watch us have a thousand players.
- 0:05:26 Kool Yeah. Yeah. No. No. So so so, yeah, the fear. Don't don't don't let the fear mess you up, my guys. It's it's it's it's really... It's it's a game that these guys play. The more the more fear they put in the market, the…
- 0:06:00 Kool That's what I'm saying, man. You gotta sell the fear. You you want to show the the blow, bro. Right? You need... That's... I'm just... Look. I I I learned this from... Look. I spent years, man, watching a lot of videos…
NatNat on short positions paying off, the stock and crypto divergence, and the Japan carry trade
- 0:07:21 NatNat Oh, man. I'm great. I've had a fantastic day today. I've had short positions in the market for a while, and they just paid huge. I really do believe that this is really just the beginning. We're going to see similar…
- 0:08:26 Dave Damn. Alright. Hold on. Updating the title now also to stacks to 50¢. Hold on. Let me
- 0:08:34 NatNat Yeah. I mean, go... You don't gotta go all the way with it. That's for 50¢.
Kool on clickbait bears, the largest liquidation in three years, and options for buying the dip, testnets or…
- 0:08:46 Kool Yo. Yo. I'm telling you, man. Like, this is how this... It's it's unfortunate, though. I mean, it's just... It's... The click... I've learned from the clickbait masters, man. I've seen how they've grown. If I... Like…
Big money buying, and Kool on over 300,000,000,000 in trading volume
- 0:14:45 NatNat Just to put it into perspective as what to what Kul is saying, El Salvador bought more. You have these big hedge fund companies buying more. The big money is flowing in. If they're buying, why would we be selling?
- 0:15:02 Kool Man, that that that... It's it's crazy. Dave, it will create. The volume the volume of the the the trends for our trading volume is over 300,000,000,000. Who who is doing that? Who is... Who who... Is that is that me?…
- 0:16:21 NatNat the stock market side, it's a little bit different because, millions of dollars came in within the last fifteen minutes, but they bought puts. They they opened up millions of dollars worth of short positions on the…
Dave on buying Bitcoin at 52,000 and the volume cycle as institutions shake out paper hands
- 0:19:40 Dave Thanks, Junie. That was actually a really good intro. Unlike yesterday, where you went totally rogue on the reset and decided that you felt like cursing at people, which was kinda crazy. But well done. Well done. Well…
- 0:24:26 Dave Oh, shit. Say something real quick, MV. What the fuck? What kind of sorcery is this? MB, don't you dare do that again. Don't you dare tease us like that. Unbelievable. Oh my goodness. Were you gonna play something, MB?…
NatNat's TradFi breakdown: SAM rule, yen carry trade, emergency rate cut talk, VIX
- 0:27:20 NatNat Right. So in the TradFi world, we saw the bleeding begin Friday after the unemployment report. Remember last week, we mentioned keep an eye on these reports, guys, because it's important. So what happened is there's…
Dave explains how the carry trade works and its currency risk
- 0:31:19 Dave I love that, Nat. I love it. And for those that are wondering, like, what the carry trade is, right, like, that's a really big thing on Wall Street. Right? So, essentially, what you do with the carry trade, like, it's…
- 0:33:33 NatNat Yeah. The other thing about the yen is in order for them to save the yen from completely disastrous level, they have to dump US treasuries, and that just adds to the sell pressure in the American market.
- 0:33:44 Dave That's it. Exactly. Like, there's always going to be some sort of a reaction. You don't just put on a trade and expect every, like, and expect every single factor to remain constant or, like, the same exact thing when…
Kool on what to do without money to DCA: consolidating positions, testnets, the runestone NFT
- 0:35:08 Kool So it it kinda kinda depends on on... Of course, everyone's financial situation is different. Some people, they just leave everything in crypto, have no stablecoins. Some people do. I do have stables now. I I... You…
- 0:41:07 Dave I like that, bro. I like it a lot. I think... Yeah. I mean, that's how kinda I got caught. Right? Like, my first cycle. Like, I got in '20... Into crypto 2021, and I had the most absolute... I thought I was coming from…
MetaBeast on Stacks with Nakamoto coming, the central bank smoker analogy, and how they DCA
- 0:44:52 Dave I appreciate the take, Angel. I think we all share the same exact sentiment, bro. I think we all share the same sentiment.
- 0:49:59 Dave Don't just... Don't... Nothing out there say that Ethereum was a test net. That does not allowed in here. That is not allowed in here.
- 0:53:19 NatNat We'll definitely come out and support you, Sassy. We're all here for you.
Robinhood suspends overnight trading
- 0:54:25 NatNat Guys, this is just in. Right? Robinhood just announced that they have suspended the overnight trading for tonight. The twenty four hour market orders that used to be open around 8PM will now start at 4AM, which is…
- 0:54:50 Kool Yeah. So all the big goals, that that issues... The... It's it's all it would need to to fix the market, man. They don't want retail to sell, so they already stole. So they just say, oh, it's not working. Call... Come…
- 0:56:48 Dave Listen to... Just listen to the numbers, guys. Right? Like, according to Galaxy Digital, trading volumes for Bitcoin ETFs surged past $1,000,000,000 at the start of trading today. Just at the start of trading. Like…
Former Ripple board member joins the Kamala Harris campaign, Polymarket Bitcoin bets, and ETF custody flows
- 0:58:27 Kool I, I don't know. You you... I guess, I'll say good news. I'll say this market eventually will just be in the middle eventually. It's gonna take a while, though, because there's two people that hate crypto still on the…
- 1:01:19 TheJohnCarter Alright. Sorry. No. I was gonna say about the Ripple joining the Camilla. I mean, when we have this big economic problem and everybody needs to get that stimmy money, what better way to get instant liquidity to…
- 1:01:56 Dave That's a really good point. That's a very, very good point. Hot take, but great take nonetheless because let's be honest, the payment rails are in place. We talked about this a couple... Last week, I think it was…
Vitalik sells meme tokens sent to him, and the "dumpy" token joke
- 1:06:04 Dave Yeah. And let me tell you, there is such thing as early, early, early, early, early. I promise you, there really is. If you're early, sometimes you're just way too fucking early. Yeah. Great points. Great points, NJO…
- 1:09:22 Kool I think you saw I think you saw that. So I... I'm... I made a joke. Yo. It was a joke, man. It was a joke. So I said I I was gonna I was gonna create create a... I I made it to, like like like, four days ago. I was…
- 1:10:04 Dave I'm saying I've I've... I showed that shit to everybody. Cool. What do you mean, bro? Somebody came out with that on pumped out fun. There was even a Twitter account and Telegram set up already, bro. Oh my god…
Panel round: what each speaker does when the portfolio is down double digits
- 1:12:01 Dave That's facts. That's facts. You're not gonna get any complaints here. You got the airdrop fucking... Got the airdrop royalty over here. This is what Cool does literally every weekend trying to put people on. Although…
- 1:19:25 Dave Great points. I love this. Kayla came up on stage. Kayla, what's good? How are you?
- 1:20:35 TheJohnCarter Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. That that was what I meant.
Closing thoughts, upcoming spaces, Voice F recap, and a $5,000,000,000 ETF inflow headline
- 1:26:13 Kool Yeah. Yeah. Last words for me. Just, guys, don't be afraid. Just, you know, sit on your hands if you don't you don't have lot lot of liquidity. Please please follow the right people. That is probably the number one…
- 1:28:21 Dave Let's fucking go. I love this. Yeah. I think we're pretty much we're pretty much good. Any other final spaces that we wanna discuss that we wanna announce? I know... Obviously, you guys know that we're here doing this…
- 1:29:40 Dave Yo, Millie. Let's go. Yeah. Millie... For those that don't know, and if you don't follow Millie, I don't know what y'all are doing with your lies because this boy's out here running. He just... He ran his 1,000 space…
Short excerpts from the auto-generated transcript. Listen on X for the full show.