On the mic
Summary
This was the last All Things Crypto episode of the week. It opened with the markets back in the green and a giveaway of 25,000 FPS tokens on the Zilliqa chain, split as 5,000 FPS to each of five winners. The hosts talked about the morning economic reports, whether the stock market could crash before the November 5 election, and how strong Bitcoin's volume has been during the recovery. News segments covered Illuvium partnering with Samsung on Web3 TVs, Russia making crypto mining legal, the court approving $12.7 billion in FTX creditor repayments, a Bitpanda and YouGov survey on crypto adoption among young Europeans, the WazirX withdrawal freeze, and Nexera burning stolen NXRA tokens. The second half turned into light banter with audience speakers and ended with the live draw of the five winners. All of this is discussion, not financial advice.
Chapters
Bitcoin around 61,012, volume holding up, and money on the sidelines buying the dipMomentAt 0:14:05 on X
WazirX restores balances but keeps withdrawals closed, and memories of Celsius and VoyagerMomentAt 0:39:09 on X
Nexera burns 32,500,000 stolen NXRA tokens, raising the question of what DeFi really meansMomentAt 0:50:37 on X
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.”
“I just really, really wish that these these individuals just own up and just be honest.”
“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
Excerpts
Opening, the market is back in the green, and a 90s Bad Boy music throwback
- 0:04:11 Dave Nat, I know I know you were feeling that one for show. What's up, peeps? Another episode of ATC, all things crypto. This is our last episode of the week. And guess what? We're back in the green, green, green, green.
- 0:04:48 Kool It's it's crazy. I'm like, yo. Like, this... The new era, they they they don't know music, man. I'm sorry.
- 0:05:02 NatNat That was a vibe. You guys remember when Maze was popping, when Loon was popping? Oh my god. What a Let's go.
FPS giveaway details: 25,000 tokens on the Zilliqa chain for five winners
- 0:06:25 Kool Wasn't it wasn't wasn't it... They knew what they're talking. I I could write a ticker in the the dormitory. It'd be good see.
- 0:06:37 Dave Let's go, baby. And I'm gonna pin the video up to the top. Welcome... Oh my god. Look who decides to come out of the woodworks right on time, mister Charles. All we had to do was wave the freaking a thousand dollars in…
- 0:06:58 Dave While he's coming up, shout out. What's good, Presley? I miss you. It's good to see you. Staxi, what's good? Hey, Nano. Nah. Yo. I'm liking this right now. You got a fellow sloth right down there fucking cool. You know…
The morning reports, a make-or-break technical level, and a 1929 comparison
- 0:07:40 NatNat We're good. We're good. The markets were bright green today. They completely ignored ignored the yield, which is fine. It's all good. It's because of the, the reports that came out this morning at around, like, 08:30…
- 0:08:43 Dave Markets crashed. Buzzkill. Well, yeah, I guess we're gonna see if we could hold. I mean, I thought XRP was also gonna have a little bit of a run, but I also gave Johnny some shit on the timeline yesterday. Don't know…
- 0:08:59 NatNat and face the music? Yeah. So with the market crash, I'm referring to, like, the stock market. I do think the crypto market, even if they go down a little bit, they would recover quickly. They always do. If we look back…
Whether the stock market can crash before the November 5 election, and hedging
- 0:09:31 Kool Yeah. It's it's funny to see that, man. Because I just... Watching these... The guys in power right now, the demo craftsman, they would do every and anything in a power to basically have the market pumped to November…
- 0:10:12 NatNat I don't know. I don't know, Kool, because 2020 was an election year. 2008 was an election year.
- 0:10:52 NatNat Yep. But Trump also came out and said today that we're really close to a 1929 crash. We're really... The The United States Of America is really... His words. Right? They're really close to a depression. You could be…
How to enter the giveaway, and Dave's Bitcoin Bob story
- 0:12:05 Dave Alright. Okay. Real quick, guys. Before we get on to, like, all the different stories for the day, which are obviously mostly gonna be about Bitcoin and Ethan and obviously this rally. But there is some other notable…
Bitcoin around 61,012, volume holding up, and money on the sidelines buying the dip
- 0:14:05 Kool Let let me check the volume real quick. Let me just... One second. Yeah. So we we... What's our... Well, Bitcoin's at 61,012 volume. Volume is a 117,000,000,000. Volume is still high for a weekday. I think things are…
- 0:16:48 Dave My fault. Nanat, where where are you at? Like, in terms of, like, Bitcoin, like, do we sustain this rally? Do we continue to move a little bit higher? We don't gotta get too much into the technicals because I think I…
- 0:17:12 NatNat I absolutely love this run. I love this run. I bought the dip. I added to my positions across the board on Monday. Oh my gosh. And my portfolio. Oh my gosh. It looks beautiful. I love this. I do think, like Kul said…
Illuvium partners with Samsung to show blockchain games on Web3 TVs
- 0:19:16 Dave My man. I love having you, my brother. Thank you for coming through, bro. I appreciate you. Alright. Let's jump into the next story really quickly because I thought this one was, a ginormous one. So Illuvium. Y'all…
- 0:21:56 Kool Yeah. Yeah. This is this is really cool, man. And I do remember Illuvium actually very, well. Yeah. It... That's pretty crazy, man. Like, you just... You you hold your project. You think it's dead. You leave it alone…
Samsung's earlier deal with Ledger and its base of smart TVs
- 0:22:52 Dave And don't forget, guys. Right? And that that... Right before I come to you, don't forget that just back in April, by the way, Samsung signed a deal with Ledger if y'all remember this. Right? Like, for people that were…
- 0:24:12 Dave Yeah, man. This is wild. This is this is some wild, wild stuff. I'm I'm in the background here. I'm looking for this video. Like, this video was so crazy. Do you guys know what video I'm talking about by any chance?…
- 0:24:51 Dave Let's go. Alright. Good shit. Nice. Thanks, man. I appreciate that. Sweet. Yeah. Guys, go read Bitcoin, Bob. It's a great story. I'm gonna make it into a series so that people can actually understand this shit in…
Russia legalizes crypto mining, plus a meme token on TON
- 0:25:39 Dave Facts. I need to go find this video. I need to go find this. Alright. But let me let me lead you guys into the next story. When we... So today... And I thought this was actually really funny. Right? So Russia... So…
- 0:26:47 Dave That was the whole point. It's like, it's got so many meetings across language. It's fucking amazing. Oh my god. But, no, what do we think about deciding legislation, legalizing cryptocurrency mining, guys?
- 0:27:16 NatNat it goes back to what we've been saying in this space about sticking to your conviction. Because if we have followed these politicians and what the... This government, this country many, many years ago, not even many…
Judge approves $12.7 billion repayment to FTX and Alameda creditors
- 0:28:48 Dave Oh, shit. That's too good. Okay. Other news. Alameda and FTX, it is official. The judge has signed off on 12,700,000,000 to pay back to the creditors. And get this, though. Right? Like, listen to this. Right? I And…
- 0:31:50 Dave It's true. In bankruptcy proceedings, the lawyers only give a fuck about themselves. Right? Exactly. They're billing hours on hours on hours, and it was, like, the one final thing that SPF actually did was, like, at…
- 0:33:53 Dave Mark, did you want... I don't wanna pronounce it wrong. Kyan. Mark... Kyan... Kyan? How do you pronounce that?
Bitpanda and YouGov survey on crypto adoption among young Europeans
- 0:36:19 Dave Yeah. I'll still be cursing like a fucking sailor. That's for sure. Okay. I love this next story. Bitpanda. Bitpanda and YouGov issued a new survey that revealed that crypto adoption is rapidly increasing among young…
- 0:37:37 NatNat Yeah. I think that I I think it's beautiful because I was reading an article a few months ago where they were doing a comparison within the mill... Millennials and young... Younger generation in stock market versus the…
- 0:38:30 Dave Let's go. Let's go. Let's go. Cool. I'll stop with the daiquiri jokes if you don't like them. I'm sorry. I just can't help myself sometimes.
WazirX restores balances but keeps withdrawals closed, and memories of Celsius and Voyager
- 0:39:09 Dave Yeah. I mean, I've done it before, but hold on one second. I wanna finish this story, and then I'll give you the I'll give you the full breakdown, bro. This is something that I geeked the fuck out on when it came to…
- 0:43:37 NatNat Yep. So I I agree. I really do believe that it is a rug, and it... It's it's sad because who knows now how long this is going to last with the blame game in play. It's so dangerous. It's so dangerous. I just feel like…
- 0:47:05 NatNat social token. Oh my gosh. You guys don't have bank social token and the friendship. And I'm friendship.
Nexera burns 32,500,000 stolen NXRA tokens, raising the question of what DeFi really means
- 0:50:37 Dave The best is he came up, and he was like, yeah. Whatever. Sup, motherfuckers? I was like, goddamn. I ain't never had a freaking speaker come up with that much swag and be like, what's up, fools? Yeah. Alright. Whatever…
- 0:52:49 NatNat Yeah. I... I'm baffled by it right now because it's a lot of money that they're burning, and they're a DeFi project. So... I don't know. I'm really baffled by this story. I feel like I need to, like, dig in more to it…
- 0:54:07 NatNat Exactly. That's where I'm at with it too. It's it's very interesting because it's... It is a lot of money at the end of the day, and they are a DeFi protocol. So... Yeah.
Patience plus conviction equals payoff, and buying the dips with DCA levels
- 0:55:32 Dave Yeah. I said some... I said something like, oh, patience plus conviction equals payoff. That's what I said. Patience plus conviction equals payoff. Right? If you have the patience and the conviction, you're gonna…
- 1:09:59 Dave Yeah. Listen. Listen. No face. You have Presley. You have Staxi. These could be your future ex wives, by the way. You know what I mean? Like, I could tell you Yeah.
- 1:20:19 Dave Oh my god. It must be glitching. Somebody muted you by accident. This terrible, Kayan. Oh, shoot. You know what? Let... Yeah. Oh,
Live Twitter Picker draw and announcement of the five winners
- 1:30:03 Dave Oh, good. Three, four, five. Okay. Winner count, five winners. Tweet count, one month passed. Okay. Good. Alright. Let's go continue. I told you I was gonna do this quick quick, so let's see who we got. Wait. I gotta…
- 1:33:02 Dave Nah. I I didn't make it. I mean, I didn't make that a requirement because it was ongoing. People that came yesterday could do it. You know what I mean? So I didn't I didn't make that a requirement.
- 1:35:16 Dave Yeah. I... You're definitely fucked. That's for sure. But so everybody knows, I'm just gonna announce the five winners one more time. Okay? So hold on one second. It was Raven crypto n y $55.06, Omili, helium QQ, A…
Short excerpts from the auto-generated transcript. Listen on X for the full show.