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Episode · Aug 8, 2024 ·

ATC: $BTC back $61,000 $ETH back $2,600 $FPS $700 Giveaway

On the mic

Summary

0:04:11

90s Throwback Opens Green Markets Show

Dave welcomed listeners with a 90s Bad Boy remix that Kool and NatNat loved. Dave announced the FPS giveaway of 25,000 tokens on Zilliqa for five winners worth nearly $750 and explained entry rules.

0:04:11Opening

Moments0:05:10
0:07:40

Technical Levels and Election Crash Talk

NatNat said markets ignored yields after cooked reports and noted a make or break level tomorrow that echoes 1929. Kool doubted a stock crash before the November 5 election due to political interference while NatNat kept her stock portfolio hedged. Kool checked Bitcoin at 61,012 with solid volume and said sidelined money bought the dip after fear.

0:07:40A 1929 comparison

0:09:31Hedging

0:12:05How to enter the giveaway, and Dave's Bitcoin Bob story

Moments0:14:05
0:19:16

Samsung Partners With Illuvium for Web3 TVs

Dave highlighted Illuvium's Samsung partnership to showcase blockchain games on Web3 TVs at GamesCom 2024. Kool called it bullish for gaming and remembered Illuvium trading at 1,700 before dropping under 50. Dave noted Samsung's earlier Ledger deal and its 200,000,000 plus smart TVs while NatNat praised Samsung's business move as ahead of the curve. Dave reported Russia legalizing crypto mining and a Putin meme token on TON that NatNat found hilarious.

0:28:48

FTX Repayment and Crypto Adoption Survey

Dave said a judge approved 12.7 billion repayment to FTX and Alameda creditors with creditors getting 118 percent. NatNat called it bullish and praised doing the right thing while Kool noted the Anthropic investment helped. Dave shared a Bitpanda YouGov survey showing rising crypto adoption among young Europeans especially in Switzerland. NatNat said younger generations prefer crypto over stocks for faster returns and highlighted Nigeria leading.

0:39:09WazirX restores balances but keeps withdrawals closed, and memories of Celsius and Voyager

0:50:37

DeFi Burn Raises Existential Questions

Dave questioned Nexera burning 32,500,000 stolen NXRA tokens as a DeFi protocol and asked if it loses its decentralized status. NatNat felt baffled by the large burn and wanted to dig deeper. Dave posted that patience plus conviction equals payoff.

0:50:37Raising the question of what DeFi really means

0:55:32Buying the dips with DCA levels

1:30:03Live Twitter Picker draw and announcement of the five winners

Key quotes

“Like a crash, we can't predict what time and day it's gonna happen, so it's always best to be hedged.”

NatNat0:11:14Share on X

“Whenever we see that in that kind of fear, you take action.”

Kool0:14:05Share on X

“kudos to everyone that stuck to their convictions because look at it now.”

NatNat0:27:17Share on X

“I just really, really wish that these these individuals just own up and just be honest.”

NatNat0:44:28Share on X

“Patience plus conviction equals payoff. Right? If you have the patience and the conviction, you're gonna... It's gonna pay off.”

Dave0:55:32Share on X

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Show discussion, not financial advice.