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Episode · Jan 9, 2025 ·

All Things Crypto: When there s blood in the streets

On the mic

Summary

Bitcoin Bleeds to $92k

Bitcoin hovered around the $92k level amid heavy liquidations of roughly $10B in open interest.

0:05:28Welcome and current Bitcoin market bleed near 90k

0:07:15US Treasury planning to sell ~69k Silk Road Bitcoin

0:09:30Discussion on whether government sale is bullish or manipulative

0:11:33Landy clarifies no BTC has been sold yet and pins Arkham Intel

US Government Bitcoin Sale

The group focused on the US government's planned sale of Silk Road-seized Bitcoin. Speakers viewed it as manipulative timing designed to create fear ahead of Trump's inauguration. They emphasized that this is recycled news with court approval dating back to 2023.

0:16:28$10B in open interest wiped out and current support zone

0:18:44Nonfarm payroll data expectations and economic manipulation

Moments0:13:26

Classic Shakeout Tactics

Such blood in the streets moments are classic shakeout tactics.

0:26:44Judge halts attempt to recover 600M GBP Bitcoin hard drive from Welsh landfill

0:33:52AlphaGamer and Dave banter about white pineapple pets and game changes

0:37:05Criticism of mainstream media coverage of California fires

0:44:40NVIDIA establishing dedicated ASIC department for Bitcoin mining

MetaMask Bitcoin Entry

MetaMask's entry into Bitcoin was covered.

0:46:23Utility and economics of AI agent tokens

0:50:13Potential new virus outbreak in China and pre-inauguration risks

0:53:34Junie AI roast clip and her expanded API capabilities

NVIDIA ASIC Move

NVIDIA's potential move into ASICs was an additional topic.

0:59:49Kool Crypto's current strategy of collecting roles and watching Trump effect

1:03:10AlphaGamer and Landy on due diligence for new AI projects and security

1:12:58DePIN projects including Helium, Hive Mapper, and Celencio

1:15:58Farming best practices and providing liquidity

AI Agents and DePIN

AI agent token utility and decentralized physical infrastructure DePIN projects were discussed.

1:28:30Satoshi AI / Cypher Genesis on Bitcoin layer 1

1:31:00MetaMask entering Bitcoin support and wallet UX comparison

1:38:26Phantom wallet features including Bitcoin Taproot and cross-chain swaps

Long Term Conviction

The speakers encouraged long-term conviction, patience, and avoiding emotional reactions to headline-driven volatility.

1:39:07Risks of linking social identities and wallets via ENS/BNS

1:41:03Bitcoin BroBear crew and Ruins collection shoutout

1:42:58Upcoming WagMe Hub AI agent space tomorrow

Key quotes

“This is how you know that this this is all fear driven... This is nothing new. It's a tactic these guys use to shake you out of your bags, man.”

Kool0:10:59Share on X

“Even if Bitcoin goes to 80 k, I'm still bullish. Even if Bitcoin goes 75 k, I'm still bullish... the long term aspect of this thing is crazy bullish, man.”

Kool0:14:54Share on X

“This is manipulation. You know, that... This is, manipulating the emotions of the market.”

Landy0:17:45Share on X

“Bro, they took that shit. They got... They they know exactly what as soon as he notified them, they're like, oh, that one? Cool. And then they took it.”

Landy0:32:19Share on X

“Please do not connect a wallet that you actually have things in when you're just going to check things out... there are plenty of contracts being deployed... where you go to the website and you start looking through and connecting your wallet to these things that are getting drained.”

Landy1:09:40Share on X

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Show discussion, not financial advice.