The Butcher & The Bankr + ALTSEASON

# The Butcher & The Bankr + ALTSEASON | 2026-09-22 | https://x.com/i/spaces/1yxBePrNprWJN | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:00:15] Voice D: Oh, Oh,
[0:00:17] Voice E: look at this.
[0:00:20] Dave @DCBK2LA: Get this done. Chat. What is it? No. I wanna chat. Let me just swap. What's up? What's up? Oh, wait. What? What is this? Banker coin. I gotta claim fees? Hold up. Oh my god. Banker, you better not be messing with me, man. Where the money at? Banker might be messing... Oh, there might be free money here. Cool. Let's go, bro. Ryan, what's up? DocNooNoo, what's up? What's up? Trying to see where we could, you know, scrounge you again, like, a couple dollars off the bank about guy. You know? Let's see. Let's see. Let's see. Come on up, guys. Come on. What are doing over here? This isn't... I know you don't have to take your shoes off in my living room. It's fine. You guys can come hang out. You guys can come chill. Don't worry. Be yourselves. It's fine. Cool. What's up?
[0:01:16] Dave @DCBK2LA: Cool. Can you hear me?
[0:01:18] Kool @koolcryptovc: Hey. Hey. What's up, man? Dave, what's going on? You you... You're back. I did... Let's see. You're on a vacation. Right?
[0:01:23] Dave @DCBK2LA: Yeah. I'm not. Yeah. I mean, they thought they thought I was dead, bro.
[0:01:26] Voice F: Like, what
[0:01:27] Dave @DCBK2LA: the hell?
[0:01:28] Kool @koolcryptovc: Yeah, man. You you you got people scared, man. People were freaking out. They thought
[0:01:33] Dave @DCBK2LA: I know.
[0:01:33] Kool @koolcryptovc: They thought you were in a hospital, man. Because looking for you, you thought you're you're you're you're missing person, man. Missing person in New York, bro. What's going on?
[0:01:41] Dave @DCBK2LA: I I I guess I guess I'm kinda that important. You know what I mean? Like, I I love these guys. The question is cool. Why were you not out looking for me calling every place? That's what I wanna know, bro. Like, if you were No. I in houses
[0:01:53] Kool @koolcryptovc: No. No. I I I I thought you just had took took a day off. I didn't think you're gone for, like, two days. I didn't think... Yeah.
[0:02:00] Dave @DCBK2LA: I mean, it's like... Think about what we're saying. We're like, oh my god. You were gone for two days. Just to show you how degenerate we all are, it was like 48. This is never like it. Like, it's like, oh, he doesn't normally do this. It's just like, no. He... There's never been a time. And it's like, when you really look back, I don't really think there's ever been a time. Like, forty eight hours and however long have we been out here doing this. Don't know if I... That's something I should applaud. I wish you guys should be happy for me for taking a two day break. Or see what happens? I take a two day break. You guys literally send out the search parties. I love you. I also hate you all. Hey, Dave.
[0:02:36] Ryan @Rlad1776: It's it's like, I'm gonna think the best. He hit huge at MemeCoin, and he's in Vegas, hookers and blow all weekend. Like, give him a break.
[0:02:49] Dave @DCBK2LA: I bet. Vegas. It's cheesy, bro. I know. Not for that. I wouldn't leave for that. You know? At least if... I gotta be honest. I love you guys.
[0:02:58] Voice D: You gotta shade on him. He was he was hoping for the best for you.
[0:03:01] Dave @DCBK2LA: Yeah. 2,000,000, I'd be... You probably would never see me... Would never see this p... Well, maybe ATC you would, but 2,000,000, maybe. You might get a text, you know, with, like, a... Here's my location if you wanna come chill. Maybe with a ticket, you know, or something. Women, you have to wear bikinis, obviously. That's how this works. Can't be a rich old fat dude, you know what I mean, without hot chicks or... Anyways, guys, I'm sure you miss me. Natalie is unfortunately not... I don't think she's gonna make it today. She's on personal stuff cooking, but you guys missed me. I know you did. Look at this. Everybody's showing up late. I love it. Cool... When Cool's the first one in here. I know. You know what, guys? I see you in the Wolf's faces. They get retweeted regardless of us putting out ATC notices about six seconds before the show goes live. It's... That's irrelevant in this conversation.
[0:03:51] Voice D: Hey. I reshared the room....
[0:03:52] Dave @DCBK2LA: Very supportive. Very supportive of Wolf. It's very nice.
[0:03:55] Voice D: I reshared the room the second I go in here.
[0:03:58] Dave @DCBK2LA: Oh, it's nice of you. It's very nice. Love you, man.
[0:04:01] Voice D: By the way, how how was the Ayahuasca trip in the desert?
[0:04:05] Dave @DCBK2LA: Oh my god. Bro, I... If there was a great... I wish there was a great story behind this. I really do. I really, really would get back, guys. It was an out of body experience. I found myself. Oh my god. My life has changed. I have a whole new outlook on. No. No. Nothing that cool. You know?
[0:04:23] Voice D: But
[0:04:23] Kool @koolcryptovc: Dave, I I would say, though, you you went AWOL for two days, and the market went absolutely nuts. I mean
[0:04:30] Dave @DCBK2LA: $1,000,000,000
[0:04:32] Voice E: You're the new whale.
[0:04:33] Kool @koolcryptovc: Liquidations then, bro. So I
[0:04:36] Dave @DCBK2LA: don't know, man. I don't know. You you might wanna take
[0:04:38] Kool @koolcryptovc: some more days off, bro, because the market is humming. Hey, cool.
[0:04:42] Ryan @Rlad1776: I I didn't think you were actually gonna say what I said to you in the DM, but thank you for doing
[0:04:47] Dave @DCBK2LA: They're funny. You guys are funny. You're so funny. Let's see.
[0:04:52] Voice E: That's why Cole wasn't looking for you.
[0:04:55] Dave @DCBK2LA: Yeah. Exactly. He was like, this is fool. Get out of here.
[0:04:58] Voice D: He's like, maybe another three days. I don't know. Like, you know? Yeah. You know? Maybe it it... I mean, technically, it's seventy two hours before you can file file a missing person's report.
[0:05:09] Dave @DCBK2LA: I heard I heard Milo was the only one that was like, maybe it's just taking a couple days. Like, why don't we just maybe give him some... I was like, that's kinda smart. That is kinda smart. Mhmm. But let me ask you guys this question. Like, if the... What... Like, because I need to make sure that I'm a good friend in return. So, like, if one of you goes missing for how long, is there a number that, like, you want me to start worrying at, or do you... Like, you know what I'm saying? Like, what do you say?
[0:05:32] Voice D: I would say none of us have put any of those expectations on you, Dave. So
[0:05:36] Dave @DCBK2LA: That's a good point. I don't
[0:05:38] Voice D: know. Maybe a month.
[0:05:39] Dave @DCBK2LA: He's cooking today. Ryan's cooking today. Yeah. By the time I come out of the dungeon, I see the sunshine, and I'm like, oh my god. It's just like, dude, what happened? It's like, bro, Ryan, they dragged him through 37 states. Yeah. I mean, I'll... You're right. So there's no time? There's no time. Monica, is there a time limit for you, DocNooNoo?
[0:05:59] Moni @monitalan: I don't know. I mean, I'm pretty addicted to this platform. I think five hours. No. Just kidding. I don't know. I honestly don't know.
[0:06:08] Dave @DCBK2LA: Yeah. I mean, that I would get. I get it.
[0:06:11] Ryan @Rlad1776: I'm gonna just say if I go MIA, it's because I want to, and none of you should come looking for me.
[0:06:17] Dave @DCBK2LA: Yeah. You know what? I mean, honestly, that was a fear of mine. It's like, oh my god. What if I met, like, some freaking... It's, like, cracked out orgy, and there's just, like, all of sudden... Imagine I see Metabeast walk in. It's just like, we've
[0:06:28] Landy @CryptoLandy: been looking everywhere for you.
[0:06:29] Dave @DCBK2LA: And it's like, Monica, no no... Oh my god. This is story time, Landy, all over again. This is what we used to do in story time, everybody. Just so you know, We used to create this stuff. I'm like, I'm gonna imagine that happened in real life. What's up, puppet? How are you?
[0:06:43] Landy @CryptoLandy: I'm good. I'm good. And I'm even better now that I know that you're okay. See?
[0:06:49] Dave @DCBK2LA: See? Thank you, man.
[0:06:50] Landy @CryptoLandy: I was genuinely... I I was genuinely... I wasn't concerned after, like, the first twenty four hours, but everybody else being concerned made me actually concerned because I was like, wait. Usually, Lee talks to you guys. Like, I never hear shit from him.
[0:07:02] Voice D: But Wait. You're better because of it? I I gotta tell you, I'm still net neutral.
[0:07:07] Dave @DCBK2LA: Net neutral. I
[0:07:08] Landy @CryptoLandy: will say I will say that if I ever go missing and you try to go looking for me Uh-huh. Other people are gonna come looking for you. So maybe don't come looking
[0:07:16] Dave @DCBK2LA: for Yeah. Yeah. Yeah. I'm a try to throw myself in that line of fire, bro. Like, no. Thank you. Where would I even start, bro? I drove by Gokstein's house and be like, hey, man. I... He was the one person he... That he... You had a good look at him, like, one time six years ago or something. Like, give us something. You know? What do you look like?
[0:07:33] Landy @CryptoLandy: You know, the funniest part is, and I said this in... I've said this before, David has all of my information. And even he, after him and I have talked, he's like, yeah. I'm not even gonna look at it.
[0:07:48] Dave @DCBK2LA: It's true, bro. It's true. Like, how... But then I speak to... I think it might... It was probably new to it. Was like, there's a surprisingly, like, a lot of information. You could find a lot of stuff on the interwebs about somebody. It's like... I mean, it's not like I'm trying to hide anywhere, but it's just like... You know? And when DocNooNoo starts rattling, like, the codes in my door, I'm like, what? Relax.
[0:08:10] Landy @CryptoLandy: Ascent Ascent is is real, and the tools are better than ever, and it's very easy to find you specifically because your face is out there. Your company is out there. You have met with others in real life. There are so many pictures that I was able to pull from years and years and years ago while I
[0:08:31] Dave @DCBK2LA: was Oh, bro. I can't even imagine what's still on Facebook, dude. Oh my god.
[0:08:35] Moni @monitalan: Stephanie was trying to analyze your last video to see where you were. What location was that background? Like... Yeah. Like... Yeah. Because you you could see something in the background. Who's cracking up?
[0:08:47] Dave @DCBK2LA: I'm like, oh my god. Monie, let me tell you something. Okay? If you want the sleuths, you go find the Infofy bandit that got screwed over real hard. Was like, no talking drop, salsa. You go find those people, and you will find... Like, those are the... They're not the on chain detective. They're like the... We're gonna work together as a group and find this serial killer type of person. You know what I'm saying? They will find anyone.
[0:09:15] Voice D: And, Dave, they only put all pictures in timeline, and it's time for more push ups. Just saying.
[0:09:21] Dave @DCBK2LA: So, like,
[0:09:22] Landy @CryptoLandy: I figured, like, if I found you and you're fine, but you just want to be left alone, I would send the TikTok detectives after you, you know, the same ones that were, you know, big detectives during the Lindsay Clancy trial. Like, all of them, like, doing astrology and just trying to figure out where you were. Figured it'd be fun.
[0:09:39] Dave @DCBK2LA: Yeah. Yeah.
[0:09:39] Moni @monitalan: Yeah. I have to say that I was worried when Nat Nat couldn't find you. Because she has her cell phone. Right? I was like, okay. She can't find them. There's... Like, I I think you not being on x is okay, but you're not being on your cell phone was
[0:09:53] Dave @DCBK2LA: like Yeah. I I honestly, like, I put my phone on do not disturb. And then, you know, as... When the when the alerts don't go off, surprisingly, like, it's... It was like, fuck you. When the alerts don't go off, you're just surprisingly like, oh, it's... This is crack. Like, these phones are... It's like... It's crack because when it's buzzing every five seconds, you're... You can't help but look over and look over. And I turned it off once, and I'm like, oh, this is so nice. And it was just... I kinda went into it. It was nice in the beginning, and then I'm like, what am I doing with my life? You know? And then you get all existential. And then it's like, I'm not gonna touch it yet. You know? But then you really think about it. It's like, oh, shit. What if somebody actually needs something? You know? Meanwhile, I'm, like, laying on Allison's couch watching fucking movies or something. You know? But I love you guys. Thank you.
[0:10:40] Landy @CryptoLandy: He's just laying there. Everybody's, like, putting together an actual actual freaking detective squad to go against you.
[0:10:47] Dave @DCBK2LA: Yeah. We're
[0:10:48] Landy @CryptoLandy: ready to have freaking FBI and CIA.
[0:10:50] Dave @DCBK2LA: When you were welfare check, I'm like, oh my god. Can you imagine knocking on my dog with my, like, Moroccan mom on the Top Floor calling and saying, hi. Hello? What? Who? My son? Where is he? What? It's like, no. We're just making sure your son's okay. Who sent you? I'll pop it.
[0:11:06] Landy @CryptoLandy: Who sent you?
[0:11:07] Dave @DCBK2LA: Who sent
[0:11:08] Voice F: you? Like this was,
[0:11:09] Ryan @Rlad1776: like, an attention grab, and you're just looking to farm more people. Just saying. I don't know. Maybe. Who knows? But I I do wanna give props to doc Nuno.
[0:11:19] Landy @CryptoLandy: To know how much he's actually loved. He was like, how much do my Internet friends actually
[0:11:23] MetaBeast @AKCMetaBeast: Yeah.
[0:11:24] Dave @DCBK2LA: And most of us are like, nah.
[0:11:25] Voice D: He's cool. And that's, like, like, like, all out. But I I will give the the line of the weekend to Doc Noono. Like, when it was about the threesome, and she's like, you, Meta and Landy, like, holy shit. I'm still laughing.
[0:11:43] Dave @DCBK2LA: And what world... Oh, you didn't... You decided to clearly omit this story out in New. I would have followed...
[0:11:48] Landy @CryptoLandy: Yeah. What what are you
[0:11:49] Voice F: talking about?
[0:11:50] Dave @DCBK2LA: It is... Wow. My god. Ryan... See, Ryan overshoots sometimes. Like, he was he was cooking, but sometimes he...
[0:11:55] Voice D: Dude, I never...
[0:11:56] Dave @DCBK2LA: Rocket it
[0:11:56] Voice D: back a little bit. DocNooNoo.
[0:11:58] Dave @DCBK2LA: It was fair.
[0:11:58] Voice D: Who was laughing?
[0:11:59] Dave @DCBK2LA: Let me see.
[0:11:59] Voice D: I love that. I was I was giving her props.
[0:12:03] Dave @DCBK2LA: Hi, DocNooNoo. What's up?
[0:12:05] DocNooNoo @doc_noonoo: Nothing's up. You threw the mic at me, so I accepted.
[0:12:08] Dave @DCBK2LA: Mhmm. You were up here, and then you came back down. I don't want the pity come up. Okay? You're a part of this crew now. You have to deal with...
[0:12:14] DocNooNoo @doc_noonoo: Okay. That's it. Well, I just wanna say that the the way that things escalated was totally met... Bit... Metabee's fault. Because, we were cool, and then he's like, guys, as an ex, whatever, sixty hours, this is serious. We need to escalate. And then he started, like, doing hospital calls and stuff. Wait.
[0:12:30] Dave @DCBK2LA: Ex what?
[0:12:31] Voice E: I don't know.
[0:12:31] Dave @DCBK2LA: I'm sorry.
[0:12:32] MetaBeast @AKCMetaBeast: When my
[0:12:33] Dave @DCBK2LA: But what
[0:12:34] MetaBeast @AKCMetaBeast: go missing, I get concerned.
[0:12:38] DocNooNoo @doc_noonoo: Didn't... I didn't wanna say... I let I let Metabee say ex junkie, if he's open about it. Yeah. He said as an ex junkie, sixty hours is concerning, so we should escalate.
[0:12:48] Voice E: It was his fault. Back
[0:12:50] Dave @DCBK2LA: in my day, sixty hours is just the... No. Yeah. Mehmetmies, why are riling everybody up, bro?
[0:12:55] MetaBeast @AKCMetaBeast: I get concerned when my junkie friends go missing.
[0:12:59] Dave @DCBK2LA: That's fucked up. That's crazy. You're pulling me a junkie right now. That's wild.
[0:13:02] Voice F: Yeah. But you did
[0:13:02] Ryan @Rlad1776: get that happy hour coming up this Friday with all those those people from the hospital. Right? So, like, you're all good.
[0:13:09] DocNooNoo @doc_noonoo: You won. Realize... You do realize you cannot go missing now. Like, we have literally your address, your parents' name, your sister's name, your... We have everything. We have all the intel, everything.
[0:13:19] tsn @tsncrypto: Bro, I
[0:13:20] Landy @CryptoLandy: was gonna I was gonna call some of your old high school friends, see if they're still actually friends.
[0:13:26] Dave @DCBK2LA: High school? I did not... I... For those that might have peaked in high school, I did not peak in high school. I was the awkward kid in high school. I peaked, like, freshman, sophomore year in college when I kinda... So... Yeah. You might have called... They were gonna be like, who? Sorry. We don't we don't we don't know who that is.
[0:13:40] Landy @CryptoLandy: I was gonna call your boss. Yo.
[0:13:42] Dave @DCBK2LA: Yeah. Wait. What was that?
[0:13:45] Voice D: Do do you help find my hair, Dave?
[0:13:49] Dave @DCBK2LA: Yeah. Yeah. Yeah. For sure. But, like... I'm gonna give one of you. He's into my location. Are you crazy?
[0:13:55] DocNooNoo @doc_noonoo: For for the sake of, like, OPSEC and just, like, national security and stuff, please, guys, don't, like, stream videos walking around your neighborhood because we will find you.
[0:14:03] Landy @CryptoLandy: Yeah. That was pretty easy. That's how I narrowed down your your freaking house. That's crazy.
[0:14:09] Dave @DCBK2LA: You guys were Google map... Were, like, Google Street viewing this shit? Like, is that what was happening?
[0:14:13] Landy @CryptoLandy: I didn't even need to.
[0:14:14] Voice D: Actually did the
[0:14:15] Landy @CryptoLandy: overhead view, and then I just went and referenced one of your videos where you're walking the dog in the background. I could see some of the same buildings. And I was like, yep. That's where he lives.
[0:14:22] DocNooNoo @doc_noonoo: I just fed it to chat GPT, it told me your exact address and your.
[0:14:26] Landy @CryptoLandy: You you didn't even work there. Or is this... Or there's that, Randy.
[0:14:31] Dave @DCBK2LA: That's crazy work.
[0:14:32] Landy @CryptoLandy: I'm over here actually doing awesome work. She's just giving it the chat. GPT immediately
[0:14:39] Voice E: looks like
[0:14:39] DocNooNoo @doc_noonoo: she's taking the FBI's jobs.
[0:14:45] Dave @DCBK2LA: You guys are a special, special bunch. We didn't hear from Cool for, like, two weeks. No. Cool. I just want you to know. You're not as important as I am. But
[0:14:52] Landy @CryptoLandy: Cool has kids and a wife.
[0:14:54] Dave @DCBK2LA: Yeah. Plus, I I coach I
[0:14:56] Kool @koolcryptovc: coach the tennis team, basketball team, football team, all these teams. So I'm... I... You know, I'm Alright.
[0:15:01] MetaBeast @AKCMetaBeast: It's a... No.
[0:15:02] Kool @koolcryptovc: I'm just telling you, miss. I try to show up. I told you, I... I'm busy.
[0:15:05] Dave @DCBK2LA: It's tennis season, bro.
[0:15:06] Kool @koolcryptovc: Actually, I'm I'm driving to my team's tournament, my my my coaches Tea? There's a tennis tournament right now. There's a basketball tournament coach later this evening. So, yeah, and I'm driving, and there's a space. So you you you gotta... Hey. You gotta understand, bro.
[0:15:18] Dave @DCBK2LA: Yeah. You gotta
[0:15:19] MetaBeast @AKCMetaBeast: So we got real world people.
[0:15:21] Voice D: You also have to understand him.
[0:15:22] Landy @CryptoLandy: It would be a lot harder to find cool because he's got, like, 1,200 homes, and they're all, like, clustered in different areas. So Right.
[0:15:31] Voice D: Like, what
[0:15:31] Landy @CryptoLandy: am I supposed to do? I've... I gotta go
[0:15:33] Voice F: I'm sure I was, like, every single one.
[0:15:34] Dave @DCBK2LA: Like... Imagine I was in, like like, in one of Cool's houses. You know what I mean? It's like Cool has used this house.
[0:15:40] Landy @CryptoLandy: I
[0:15:40] Dave @DCBK2LA: could squat... I I could squat here. Web three's been rough, guys. I'm staying in cool as outhouse in the in the second pool... The third pool house. Imagine? You guys are nuts. I will say this much. I titled the space the butcher and the banker because I genuinely have not... I don't know anything other... That's going on in crypto other than Moni told us there's free banker money that's going out, apparently. And Jack Butcher, obviously, and his 700,412 piece collection is gonna be dropping, I think, to those that sent $8 in x money yesterday, and that's as far as I know. And I am a whore for speech to speech OpenAI API credit. So whatever y'all got, is what... I gotta get this website off the ground, and Casey needs to speak. Casey's a new AI, by the way. But let me say hi to Sunny d. Hello, Sunny d. What's up? Yo. Yeah. Sixty hours is two weeks in crypto time.
[0:16:42] Dave @DCBK2LA: Dog years and crypto years, that's like two... What? Sixty hours? Oh my god. They've opened and shut the case at that point. Yeah. There was people coming
[0:16:51] Landy @CryptoLandy: in as newbies at the beginning of the week, last week, that are now veterans of the crypto space.
[0:16:57] Dave @DCBK2LA: That's... Facts.
[0:16:59] Ryan @Rlad1776: Yeah. Sunny, in dog years, like, my bags are, like, 987 years old.
[0:17:05] tsn @tsncrypto: Yeah. Yeah. But listen.
[0:17:07] Dave @DCBK2LA: You know? You wait like you're patient enough. Like I told Milo, somebody pitched him algo, you know, two and a half, three years ago, and they were like, oh, he's still pitching him today. Milo just doesn't have the patience. Right? It's a five year plan. He's on year four.
[0:17:20] Voice D: Gonna be in trouble when she listens to this recording.
[0:17:24] Dave @DCBK2LA: I'm just saying. I saw... I don't think I didn't see you sucking up in the chat too. You guys have been looking at h bar. Bro, wait. I'm gonna say this is gonna fuck up all your bags, and I'm sorry. I'm I'm apologizing ahead of time. I'm literally gonna screw up all your bags. All all season here? Yeah. Yeah. You're in there. Cool. Like, you you can't... I'm getting the alerts. Up 5%, 7%, 9%, but I don't know if we're gonna get multiple of those, but just just starting to cook. What are we doing? Alt season, we declare
[0:17:53] Voice F: it yet?
[0:17:53] Kool @koolcryptovc: I don't know. I I... It's it's just a trying to get people in in in the space. It's it's probably not orange. It's not orange season yet, bro. It's it's... The market is crazy, but... And I enjoy enjoying the green, man. It's been a long time since people people are... But, you know, I I would say, though, some projects are having all season. So this all season is very selective. It's not for everyone. Just some if holding certain bags, you do very, very well.
[0:18:17] Voice E: A thousand feet, turn right onto the ramp to West Park Tollway West.
[0:18:20] Kool @koolcryptovc: Sorry about that, guys. I'm driving. So... Alright. So for example, hype... Now hype, I think most other projects are setting all time highs. Couple of them are still kinda dead. So all season is selective, man. So, yeah, I mean, if you if you hold certain bags, you need to very, well. But overall, I mean, overall, people are happy right now. I mean, memes, NFTs, especially, are probably going crazy. But overall, I'll say I'm I'm I'm in a good place. I'll say I'll say we have a lot... A long way to go, but I'm happy where we are right now.
[0:18:51] Dave @DCBK2LA: Alright. Let's go. I'm not trying to mush it either. You know what I mean? I'm sure that there's structural levels that Landon is gonna tell everybody about on Bitcoin. I'm sure we're
[0:18:59] Landy @CryptoLandy: gonna get
[0:19:00] Dave @DCBK2LA: there eventually. But could we just kinda... Let... Let's talk about the stuff that's making on the timeline at least before we get into the tech talk. Let's talk about this this Jack Butcher thing. Monie, I know you were active. No. No. My bad, by the way. I... Obviously, like, I was fasting yesterday. I didn't get on until way later, and I'm like, oh my god. $8. I wanna know, ladies, what is the final count? It's a 120,000 something. How many did you guys send in? How many people blew up your DMs trying to get you because this was only US based money? Give me the give the rundown.
[0:19:33] Voice E: I did as many as x money allowed me.
[0:19:36] Dave @DCBK2LA: Which was?
[0:19:37] Moni @monitalan: First, the fir... I don't even know. I lost count. I did probably more than a 100, probably. Damn. I know. I was being nice. I did charge fees. So I charged $2 per per... I didn't do like others. I mean, in China, the... People were charging $15, right, for... To do this. So for those of us who paid $8 or 10, depending, was it interesting. It was also interesting to see... I will tell you, tons of key learnings. Like, who was nice to me even though... Like, that they knew me before they approached me or nice. And even before I asked for a fee, they, like, were like, hey. I'll give you a little bit more. So that was interesting to see. Other people didn't offer. I was like, well, you have to pay me at least $2 because I'm gonna have some fees, right, to pay for gas or whatever at the end. So for coffee because I'm not sleeping. But then I hit two blocks. One was I did too many at the same time, I guess, and it blocked me. And then the second one is the amount of money you're allowed to send in a certain period of time. I hit that. And you can ask for an increase, but it takes too long. And I was like, whatever. I'm done helping people. I've been too nice doing this, but it was fun also to reconnect with people. Have none... I wasn't able to help everybody I wanted to help. I had two people who sent me their wallet late, and I was like, sorry, guys. Too late. I don't have any money to send. And then Dave was like, send me x money. I'll do it for you. I'm like, that's my point. I don't have any money to send to.
[0:21:12] Dave @DCBK2LA: Yeah. My my issue was that, like, it doesn't take... Like, I couldn't add my Coinbase card. Right? Like, I guess it's...
[0:21:20] Voice E: Yeah. Because it doesn't take international cards. So if
[0:21:22] Dave @DCBK2LA: you have
[0:21:23] Moni @monitalan: a crypto card, that counts as an international card. I I wanted to use my cats card because I wanted to get extra points on the other side. I was like, damn. So if you have an international card, it doesn't. You can do direct deposit. You can do credit cards. I don't think you can do debits, you said. So there's different ways you can do it, but international cards are not allowed.
[0:21:46] Dave @DCBK2LA: Interesting.
[0:21:47] Moni @monitalan: I learned a lot about x money through this process. So you can't do crypto, which would have been great. Right? But... No.
[0:21:52] Dave @DCBK2LA: Interesting. Interesting. No. No. That... Did you get in on this in the end? I think so. Yeah?
[0:21:57] DocNooNoo @doc_noonoo: Yeah. Yeah. I got somebody just getting free. I thought I'm gonna play it safe because, like, I don't I don't really understand what the particular hype is about this because Jack Butcher has loads of collections. And I think the one that people are just referring to is obviously checks we be and trademark, which did pretty well. But he's got loads of collections that are at zero too, and this was an open event. So, yeah, I just... I don't
[0:22:21] Moni @monitalan: But I think it was because it's like checks, right, where checks was just like this, an experiment. And so that's where people were like, hey. It could do as well, or it could not. It could go to zero. So you lost $8. And people were like, don't rug me for $10. I'm like, I may not rug you, but somebody else made Yeah. They were. There was
[0:22:38] DocNooNoo @doc_noonoo: people there were people sending funds to random stuff they don't know, and then they would just, like, deactivate their x account and go up money.
[0:22:46] Voice E: I know. Somebody told me that they sent a $100 to somebody they've never met. I'm like, why did you just come to me? Like, you know me. We've worked together.
[0:22:55] DocNooNoo @doc_noonoo: But I'm interested. Like, someone's got a theory that, like, Jack Butcher is, like, this is a paid promo basically for x money. So that would be interesting if that comes out.
[0:23:04] Moni @monitalan: So the reason I think he's working with x because he did a... One of the replies he did, he said he used everything x related. He used... I think I I wrote about it. He did rock... Grock... Grockbot. He mentioned Starbank. Like, he mentioned all of Elon's stuff, so I do think... I also think that it could have crashed if people weren't, like... Right. He did it on a Sunday night. X money people had to be available to be sure things weren't. So I wouldn't be surprised
[0:23:36] DocNooNoo @doc_noonoo: if Money.
[0:23:37] Voice E: It was a way to
[0:23:38] DocNooNoo @doc_noonoo: test it. I think you undersold your Monique. Because I know on Exobus, there was somebody selling, like, 50 spots for $20 each.
[0:23:46] Moni @monitalan: I know. I totally I totally, like, undersold myself. But, hopefully, I get good crypto Karma. I don't think that's...
[0:23:53] Dave @DCBK2LA: What do think happened? Because in my opinion, I I I... If I... I don't remember the exact... Or how checks work. I was too salty about OPEPIN. I minted, like, four OPEPINs at, like, point 0 three, and then I sold them at, like, you know, point one eight, and I thought I was a genius. I was like, ah, was like, yeah. Little did I know. But either way, I think there's... Like, the... Like, if you read the post, he was literally saying, this is the the trust essentially before you... Like, it was the verify, don't trust. Now this is the trust, and y'all ain't verifying shit. So I think this dude is gonna be burning some shit. Like, you... Like, there's gonna be a lot of unhappy people on timeline because a 120,000 whatever collection, right, that's normally straight to zero. You know what I'm saying? But because it's Jack Butcher, the speculation, the weight, the hype, is there something? When is that something? Is it gonna happen? Is something gonna happen? So I don't know. We're... Yeah. Someone posted...
[0:24:49] MetaBeast @AKCMetaBeast: Someone posted......
[0:24:50] Voice E: The checks was 16,000. Right?
[0:24:52] MetaBeast @AKCMetaBeast: Sorry.
[0:24:54] Moni @monitalan: Sorry. Checks was a 16,000 collection? 16,000 pieces?
[0:24:58] MetaBeast @AKCMetaBeast: Yep. Someone posted he made $4,700,000.
[0:25:03] Dave @DCBK2LA: Yeah. I mean, think about that. How many was? It was 20... Wait. How...
[0:25:07] Voice E: No. And then he was sponsored by X imagine.
[0:25:10] Dave @DCBK2LA: 4,700,000. No. $4,700,008 times 25,000? Where where you get... Where's somebody getting 4,000,000?
[0:25:16] Moni @monitalan: No. No. Because remember, that's the number of wallets. But a wallet could be... He didn't limit how many times a wallet could be used.
[0:25:24] Dave @DCBK2LA: But he said...
[0:25:25] Voice E: So you could do Didn't he say... A 100.
[0:25:28] MetaBeast @AKCMetaBeast: And people paid... He didn't
[0:25:29] Voice E: say transaction. He said one. He didn't... I don't think he said transaction.
[0:25:33] MetaBeast @AKCMetaBeast: And people sent more than eight to get more than one, which they weren't... Right.
[0:25:37] Voice E: Of course. Yeah.
[0:25:39] Dave @DCBK2LA: Because... But you had to send them individual one. I saw somebody sent 80,000, and then he sent it The guy's like, dude, I feel like that's pay... Like, that's promo. Like, come on, man. Like,
[0:25:49] Moni @monitalan: It had to be. It had to be... And then x money, and I was gonna show how many traction... Transactions they had in a month. But think about this. If Elon is supporting this, could Elon come in and buy part part of the collection?
[0:25:59] Dave @DCBK2LA: I mean, that... This is what I'm talking about. This... But you know what? This is kinda... This is what makes this space. This is the speculation. This is the casino that everybody wants to be a part of. And then you know what? For $8, like, it's... Like, why not? Why wouldn't you be that? And, also, Americans are just better than...
[0:26:16] MetaBeast @AKCMetaBeast: My my understanding is the transaction itself is what's going to create the NFT that people receive.
[0:26:22] Dave @DCBK2LA: Yeah. Yeah.
[0:26:23] Moni @monitalan: Correct. It's it's per transaction. That's why you couldn't send just $10,000. You had to divide it up by by eight or... And then you have limits.
[0:26:31] MetaBeast @AKCMetaBeast: They considered it as...
[0:26:32] Moni @monitalan: Actually, I heard that if you have a premium account and if you have a badge, you have no limits on x money, which I didn't know. I don't have a badge.
[0:26:42] Dave @DCBK2LA: Wait. Say that again. If you have a badge,
[0:26:44] Moni @monitalan: you have no limits.... X premium, and if you have a badge, you have no limits with x money. Oh. That's what somebody said. I don't know if it's true. I don't... Because I don't have a badge. Interesting.
[0:26:56] Dave @DCBK2LA: Okay.
[0:26:57] Moni @monitalan: We learned a lot about xMoney, and we're... From now, we spent ten minutes talking about xMoney. So if they paid for it, but for them... And he made 4,000,000 plus after that. Right?
[0:27:07] MetaBeast @AKCMetaBeast: If we're on x, what about the hashtags for crypto?
[0:27:12] Dave @DCBK2LA: Oh, they're implementing, right, for trading. Right? Yep. I said... Did that did that take off?
[0:27:15] MetaBeast @AKCMetaBeast: It's live. Evidently, it's live. Yeah.
[0:27:18] Dave @DCBK2LA: Wow. I like that.
[0:27:20] MetaBeast @AKCMetaBeast: I haven't tested it since
[0:27:21] Voice E: I was going through What is... Somebody said... What's his name? Left? Nikki left. Nikita left, and now we we have all these exciting things in crypto.
[0:27:31] Dave @DCBK2LA: That's fucked up. That's so fucked up. That is so messed up. But it's kinda true.
[0:27:35] Voice E: Do you think
[0:27:36] Dave @DCBK2LA: Do you guys see X Chat? Yeah.
[0:27:37] Voice E: Do you
[0:27:37] DocNooNoo @doc_noonoo: think we're gonna start seeing people launch any Siemens using XMoney or, like, that whole thing that, like, Ansem does or whatever? Like, send send money here for a token that you have no clue about, and you'll get airdropped.
[0:27:50] Dave @DCBK2LA: The good old bet
[0:27:51] Voice E: on these days. I bet you because they want Elon support. I think x money will experiment with stuff. I don't... I I think Landy would know more than
[0:27:59] Dave @DCBK2LA: we do. Listen. I think the timeline has officially become... Like, when he said town square, like, these are the billboards up... It... Like, in in the town square when you really think about... If enough peep... Like, Jack Butcher has enough people talking about this thing on x to where it reverberates and it gets loud. It's not our little neck of the woods anymore. Right? Like like, money essentially makes waves. I think... Because I don't know if you're gonna comment or tweet or retweet or whatever. But, like, there's going to be an x money something, right, like, during this whole brouha, in my opinion. Like, I... The the
[0:28:35] Moni @monitalan: other thing I heard, Dave, is that there will be a one of one, but only one of one, and nobody knows who's gonna get
[0:28:41] Landy @CryptoLandy: that one.
[0:28:42] Moni @monitalan: I don't know if that's true, but it could be that there are some, right, limited collection that people get. And then the others are just more general, and those will be the valuable ones. It could be. I don't know. Again, it's all speculation. We have no idea.
[0:28:56] Dave @DCBK2LA: Interesting. I think Jamie's here. Jamie, what's up?
[0:29:01] Voice F: Hey, guys. Yeah. Appreciate letting me up. I I heard about this banker thing, and I'm kinda... I I was curious to find a little more about it. So, like, last month Yeah. When x... So I got premium plus, and I got the x money activated. And I was just playing around with it. And and I was, like, tipping people, and I was having fun with, like, you know, sending money to people and just say, hey. The tip... You know? Just trying to mess around. Now Canada... I had some guys in Canada, and they have restrictions there where they can't... They don't have x money. So the only thing you can do with them is, like, gift them, like, a a a, like, a premium or, like, a verified, like, a, like, x year, like, a a year subscription of, like, x for premium plus or premiums like that. So, you know, I didn't wanna do that. But... So then I... Me and a mother buddy of mine was like, hey. Have you tried banker, Jamie? And I didn't know anything about it. He walked me through, like, five minutes how to set it up, fund it with, you know, some money from my Robin Hood wall that you guys were talking about. And, and there, you could just type in their at handle and send money and and basically eliminate the candidate restriction, right, of of receiving money from x money. You could just do it through bank or bot. So it's kinda cool. You can actually end on... I even trolled a couple of people that blocked me and will mess with me. I was like, I wonder if I can send them some tips to people who blocked me. It was just so funny that they see money from me coming in and I tipped them.
[0:30:30] Dave @DCBK2LA: Yeah. People have done some wild shit. If you haven't seen the bet... The banker crew's a special crew. Like, they'll launch a token just to troll you, bro. So, like, yeah. Yeah. Yeah. I love it. I I like the whole, like, kinda skirting the restriction in a way because it's like fucking Canada. You know what I'm saying? It's
[0:30:46] Voice F: like Oh, yeah.
[0:30:47] Voice D: Like In my in
[0:30:48] Voice F: my bio, I put in there, like, you know, I solved the Canada tipping restrictions. You know? Let's call
[0:30:54] Dave @DCBK2LA: the trucker, bro. Call the trucker, bro. Let them
[0:30:56] Voice F: know. Let them know. But... So so I I swapped some stuff. I funded it. I... You know? But you guys were talking about getting some, like, some things, like... But you have to actually launch a coin to do that?
[0:31:09] Moni @monitalan: Yeah. I just did... I added it to the to the thing if you guys wanna see it up there. I'm a I'm
[0:31:15] Dave @DCBK2LA: on it right now. What do we... Like, I hit launch token. How much do I have to have on Robinhood?
[0:31:20] Moni @monitalan: Well, you have to have enough to, yeah, to cover the fee. It should be on an ETH, and then you put the pull pairing. You have to be on Robinhood. Pull pairing with, w e t h. Right?
[0:31:32] Dave @DCBK2LA: Pull pairing.
[0:31:32] Voice E: Then you do no vesting.
[0:31:35] Voice D: And, Dave, launch laptop.
[0:31:38] Dave @DCBK2LA: No. I'm gonna I'm gonna troll. I'm gonna launch, like, a potato, like, beating up a a a microwave or something. You know I mean?
[0:31:45] Moni @monitalan: And then do quote quote token only. And then for the wallet, I put, like... That it shouldn't go to... Trying to get it. Yeah. No vesting. And then
[0:31:56] Dave @DCBK2LA: Degen mode or no? No Degen mode?
[0:31:59] Voice E: I don't
[0:32:00] Voice D: Oh, you're full on Degen, dude.
[0:32:01] Dave @DCBK2LA: Let me see.
[0:32:02] Voice D: Go Degen. And
[0:32:03] Dave @DCBK2LA: Wait. Let me see what he said.
[0:32:05] Voice E: No. I I didn't know. It's starting market cap at 2,500.
[0:32:09] Ryan @Rlad1776: Hey, Jay. FYI, I forward that message on. I I just saw it after I got off that space, Jamie. Just FYI.
[0:32:18] Dave @DCBK2LA: Details. We... No vesting. Quote token only. No degen mode. Okay.
[0:32:23] Moni @monitalan: And and then don't put it and, like, have it go to your wallet. Right? Like, you don't add a wallet.
[0:32:29] Dave @DCBK2LA: To my banker wallet. Right? Like
[0:32:31] Voice E: Yeah. To the banker. So you don't have to put a wallet on there.
[0:32:34] Dave @DCBK2LA: Oh, I gotta create such a great image. It's gonna be so much fun. I'm probably gonna get, like like, 17¢ out of this. Who knows? I've been a
[0:32:40] MetaBeast @AKCMetaBeast: banker user for a minute.
[0:32:42] Voice E: Got $25. But you never remember the
[0:32:45] Dave @DCBK2LA: new banker. Right?
[0:32:46] Voice E: 9. But I had, like, $12 in there. I didn't know.
[0:32:49] Voice F: What what was the difference in the 400 to the 25, do you think?
[0:32:53] Dave @DCBK2LA: I think it's wallet activity, bro. Like, think that's... The majority of what it comes down to is either wallet platform activity. You know what I'm saying? I've been a banker club member for a minute. I mean, I stopped paying my fees, my dues a little while ago. You know what I mean? When they stopped giving airdrops, but I was there from jump. You know? So let's see. I mean, I don't like deployer either way, but I will gladly take banker money. Thank you very much. I'll be on.
[0:33:14] Moni @monitalan: Yeah. She also said something about excessively, so I don't know if it means that she talked about banker before. That's high. So Oh. So I don't
[0:33:24] Dave @DCBK2LA: know. Before.
[0:33:25] Voice F: Is this why the banker... I guess, is there a banker coin also? Is that why that's pumping? Someone told me it was pumping.
[0:33:30] Dave @DCBK2LA: There is a banker coin Yeah. For sure. For sure. For sure. And we need a reason to pump something. Know what I'm saying? Harry's like, look, we gotta do a pump, guys. But... Hey. Listen. I hope everybody... Listen. Make the money, ladies and gents. Go do... I did this on pawns. I did this on ARC. I think I may... Ended up making, like, $200. You know what I mean? So you launch stupid tokens from different wallets. Who knows? Let's see what happens.
[0:33:51] Voice E: But you saw that pawns changed it, and now you can't do US.
[0:33:56] Dave @DCBK2LA: Like, you... Like, pawns come into the defense of, like, sniper bots, really? Like, right when the people wanna start making a little bit of coin. These guys have been robbing the trenches forever. Do you guys realize, like, when... Like, the reason you get... Like, it's like, oh, it's like coin activity or whatever. It's like, cool. But do you see how much the sniper bot sniped right from jump? It's insane. Like, it might seem like it's nothing $50.75 bucks. $50.75 bucks when you're a $2,000 market cap. Right? Like, they're taking a good chunk of your supply.
[0:34:24] Voice F: Now what what about the supply? Is it, like, pump fun in them where you can actually, like, buy the whole supply or something if you want or a portion of it?
[0:34:35] Dave @DCBK2LA: On bank... On the ones that you launch on bank, you're asking? I don't know. But, it doesn't... I don't see here... Wait. Dgen mode
[0:34:42] Moni @monitalan: pull I don't think any of us do that. You could do the Dgen mode and put $2,500 in.
[0:34:47] Voice F: Right? Yeah. Because, like, you
[0:34:48] Voice E: know, like
[0:34:48] Dave @DCBK2LA: market cap.
[0:34:49] Voice E: Like like,
[0:34:50] Voice F: if you wanna avoid... Like, you just... Some people who do these memes, if they if they they take it serious, they... Like, they... Because what happens is you'll launch yours. Someone will be the first buyer or the... Or those sniper bots that you talked about. Mhmm. And now they control your coin because they control the supply. And I'm pumping on
[0:35:07] Dave @DCBK2LA: them to the trenches.
[0:35:07] Voice F: You know?
[0:35:08] Dave @DCBK2LA: Welcome to the trenches.
[0:35:09] Voice F: Yeah. Well, like, I'm pumping on, Robinhood. They... A lot of them will have their supply, and then they'll deploy it how they want it or, like, lock up whatever just so they can avoid other people from, you know, dumping on their community. You know?
[0:35:23] Dave @DCBK2LA: Yeah. True. True. True. True. I thought my look at my... Wait. Where did my logo go? Right when he dropped it. Goddamn, man.
[0:35:29] Voice E: Did you do the near one, Dave? You also showed
[0:35:32] Dave @DCBK2LA: the Near one. Monty, this is crazy. I've I've been trying to do that for two days now. And the reason why I had exposure to Near is through hot wallet. And it was my guy, AMG, from the Vivi community that, like, way back when. And I mean, like, this is three years ago. Easy. Right? Remember when the telegram wallets were a thing, everybody was doing mini dApps and tap tap tap tap tap a roo. He put me on. I was like, you gotta mine hot coin, hot coin, hot coin. It's like, okay. Cool. Whatever. You know, you'd be part of the community. Everybody mines together. The more people you get, you get a higher rate, whatever. The the first chain that they were ever integrated with was Near. So we had a Near wallet, and they've been tweeting about it like crazy. But my connection was ultimately through Telegram. I never I never wrote the seed phrase down. Mhmm. And so the story goes. I literally reached out to them, and I'm like, guys, like, does this mean I'm fucked on the near on the near drop? And they're like, we can transfer your hot over to another wallet. And I'm like, I don't. Because on the face, it sounds like I don't have my seed phrase. It's like, oh, you idiot. But it's like, I never really needed the seed phrase. It was all via Telegram. But now all of a sudden, one day you log in to Telegram, and it's just like everything that was open before, no more. So, unfortunately, no money. I did not get a piece of that near drop. Yeah. Lendy, did Cade did Cade do well with that? I know Cade's a big near guy. Right?
[0:36:50] Landy @CryptoLandy: I have no idea. I haven't really talked to him about it.
[0:36:52] Dave @DCBK2LA: He didn't he didn't say anything?
[0:36:53] Landy @CryptoLandy: I think it was mentioned, but just in terms of, like, price action on Near, but I don't think anything was mentioned about the AirDrop stuff.
[0:37:02] Dave @DCBK2LA: Interesting. Alright. Cool. Cool. Cool. Cool. Okay. I'm launching this... I'm launching the banker... Oh, I need an image. I'm not just gonna put any image. What should I name it? Like, potato... Greater my... Potato kill eat microwave. Kill microwave. Love this. Tot's rule is the ticker symbol. Let's fucking go. And then... You know what? I have a... Oh, I have my tot. Wait a second.
[0:37:33] Voice E: I wanna know how much you're gonna make.
[0:37:36] Dave @DCBK2LA: I wanna talk...
[0:37:37] Voice E: I never used bag for
[0:37:38] tsn @tsncrypto: a box. So
[0:37:40] Voice E: I made. But at least you know that if you don't use... I mean, I had $12 from Polygon. Don't ask me why I had $12 on Polygon there, but there we are.
[0:37:55] Dave @DCBK2LA: Alright. Token. Just to launch a token. Just waiting on your token to be deployed. See my little three squiggly lines.
[0:38:02] Voice F: So now how will we find your token when we wanna when we wanna buy it?
[0:38:05] Dave @DCBK2LA: Oh, you don't wanna wanna touch this token, bro.
[0:38:07] Voice D: Don't go anywhere near this.
[0:38:08] Voice F: Well, if we were DJing with you, we wanna just mess with you. No.
[0:38:11] Dave @DCBK2LA: No. No. How how do people find you?... Clear, Jamie. I wanna be clear, Jamie. None of this right now is, like, if... Oh, because this... Yeah. Maybe you've never been here, but I'm not... These people down there know we're doing this because when you launch this, the fee... There's, a fee. I don't know I don't know how the magic works. DocNooNoo, if you wanna talk, but, like, the token deployment failed. Oh, what? I need more than $5 in gas? See what I'm saying? This is the banker way, bro. Motherfuckers. Now I gotta go swap some more, bro. DocNooNoo, go
[0:38:41] Voice E: ahead. Well, we began sending your wallet because I have... I can send you some from back... My banker wallet. Help help me. I'm poor.
[0:38:48] Voice F: So, Monica, on yours, did you did you get, like, a CA and all that too? Like, just like those other ones?
[0:38:55] Dave @DCBK2LA: Yeah. Probably. CA.
[0:38:56] MetaBeast @AKCMetaBeast: I ain't
[0:38:57] Dave @DCBK2LA: never Yeah.
[0:38:58] MetaBeast @AKCMetaBeast: When you want to talk to Jimmy, when you want You're get a on.
[0:39:01] Dave @DCBK2LA: Is it... Your thing's full on treatment?
[0:39:02] Voice F: Yeah. Well, that's that's how... Yeah. Well, you haven't got there yet. That's why I was asking with hers.
[0:39:06] Dave @DCBK2LA: Like Oh, you wanna buy my shit? No. Yeah.
[0:39:07] Voice F: Just I'm just trying to I'm just trying to understand it. Yeah. Yeah. How many spaces like you... Someone's gonna ask these questions. I'm gonna say, oh, well, was on another space. They broke it down. Here's what it is. You know?
[0:39:16] Dave @DCBK2LA: No. You're good, man.
[0:39:17] Moni @monitalan: You're good. You're good. You get a... It's a token. You've launched the token, which is that unrivaled for me. But it's What
[0:39:25] Dave @DCBK2LA: is my banker wallet address now? Where is this? What do I send? Oh, no. No. Wait. I could swap. Wait. There's more money on this side. Oh, now I gotta do the toll thing again. Wait a second.
[0:39:37] Voice E: We do a lot of building live on here.
[0:39:40] Dave @DCBK2LA: I like that.
[0:39:40] Voice F: I like that, actually. Yeah.
[0:39:42] Dave @DCBK2LA: Guys, where the money's at, we go. Are you telling me that you can't swap from Solana to an EVM team?
[0:39:48] Moni @monitalan: You can. Do it through your agent. Go to the chat and tell the agent to do it for you.
[0:39:53] Dave @DCBK2LA: That's so... I literally said that before, but everything failed. I feel like bankers blacklisting me. Guys, I heard you.
[0:40:00] Voice E: They heard what you were gonna do
[0:40:01] Dave @DCBK2LA: with your Imagine. Imagine? Oh my god. That's so good. Wait. Wait. Hold on. Robin Hood chain. Let me just fucking send myself some fucking Robin Hood.
[0:40:14] DocNooNoo @doc_noonoo: Chancletta holders be getting an airdrop? I ask on behalf of the Chancletta survivors association, I e, me and Milo.
[0:40:22] Dave @DCBK2LA: Hola.
[0:40:23] Voice E: And me. I never sold them. You love them. They're still
[0:40:25] Dave @DCBK2LA: there. Fan club.
[0:40:37] Dave @DCBK2LA: When they coming back.
[0:40:38] Voice E: Okay. Is that a no? Was that a yes?
[0:40:42] Dave @DCBK2LA: I can't for chancletta?
[0:40:43] Voice E: I have
[0:40:44] Dave @DCBK2LA: no idea. Me? Who wants chancletta? No. No, honey. No. There is none. None. None. None. Nobody getting... Oh, you might be in your Chanquetta to the head. I'm sorry. But... Alright. Is anybody else launching one of these right now with me? Nobody? Anyone? No?
[0:41:03] Moni @monitalan: Okay. I already launched mine, so I don't wanna do another one. Maybe I'll do it tomorrow.
[0:41:09] Dave @DCBK2LA: Wait. Can you say......
[0:41:10] Voice E: Many you can do.
[0:41:11] Dave @DCBK2LA: Yeah. Okay. Wait. Swap my swap all my soul. It sounds great when you say swap. Swap all my soul to east on Robin Ninja. If you're listening in the grease trap, I am so sorry. I swear. This is... Let's... Listen. It's desperate times at the end of... You know I mean? Okay. Let's see now.
[0:41:36] Voice E: Money for Casey.
[0:41:37] Dave @DCBK2LA: Casey? Credit. Casey, yeah, she ran out this morning. You know what I'm saying? Nuna was up all night talking crazy shit to this thing, and I'm like, stop wasting my credits. I need real feedback. But the guys, the website's getting there.
[0:41:48] Moni @monitalan: DocNooNoo. So she told me she was human. She's like, let's have a conversation human to human. I'm like, you're not human.
[0:41:55] DocNooNoo @doc_noonoo: Why? I'm not gonna even repeat what she told me.
[0:41:59] Dave @DCBK2LA: I see. You heard you heard it here first, guys. Small business owner, wanna get a little freaky dick? Look at this. Unable to complete the cross chain swap from Solana to Robinhood chain. The route could not determine the USD value for the transaction. Don't understand. This is... Bro. They're blocked. The banker blacklist, bro. You don't wanna be on the banker blacklist. Bro. That's crazy. Bro.
[0:42:21] Voice E: I had no issues, just so you know. So maybe it's too many people trying right now.
[0:42:26] Dave @DCBK2LA: I used to tell myself the same thing. Anyways, yeah, if anybody else did it and you made some money, we'd love to know or hear about it. Put it in the comments, the chat, whatever. What else is cooking? What else is news on the timeline? Landon, listen. Bitch was right, bro. He might have got stopped out, but my boy was right on the Bitcoin call. What? We're looking good.
[0:42:47] Landy @CryptoLandy: Right? Stopped out. We're looking... I don't think he got stopped out.
[0:42:50] Dave @DCBK2LA: He did. No. He did. He did. He did. He told me 76,000 or subs or 7... Yeah. Something like that. Like, he got stopped out on on that position that he was holding. He was like, but I was right. I'm like, I still got stopped out, though.
[0:43:02] Landy @CryptoLandy: Well, I mean, I've... I just I wasn't even trading in that little range there in the monthly. I was still... I mean, I don't know how many Fridays ago now when we were at 62 and a half. I mentioned it here. I mentioned it there. Set it on a few shows that I was long off, 62 and a half on The Daily. We got our move up. You know, I haven't gone short yet. I don't see anything telling me it's time to go short at the moment. After... You know, Nat and I've talked about this a lot here. After, you know, 82 and a half to 83, we need to see close above there. And the next big area that we were looking, initially, 84 to 86, we've now hit that anywhere above there, especially on closes, starts to open up 88 to 90 to the upside. You wanna see $80,000 hold, to the downside if we do get any kind of a daily pullback. But, you know, the bulls are hanging strong above 86. They can still get into the low nineties, you know, upper eighties, lower nineties. 88 to 90 is is kind of the next big area. I know Nat has discussed this as well. Anywhere above there, I'm looking, you know, somewhere around. There is some some areas of interest, like, around 92 k, but, the bigger areas that I'd be looking at would be, like, 93.5 to $93.06, and that would start to open up 98 to a 100 k if closed above. But right now, we're right up against resistance. It's a major weekly level between 86 and 89, and you wanna see, you wanna see $80,000 hold if we do get any kind of a pullback on the daily. Ethereum, in between 26 and 2,800, that's... You wanna see it hold 26. It can dip lower to, like, $23.50 or so, but you'd probably prefer for the continuation of the move up to see closes continue above 2,600. Anywhere above, you know, $283,000 to, you know, 3,300 is kinda the name of the game and and potentially even up to 3,500. Now I've said this before. I know Nat has said this, but I've maintained it's not about the move up right now. If we do get a nice monthly close above $82.08, that'd be great. That'd be a structure break for Bitcoin. You'd also see many other majors break... Bear market structure as well. But it's not about the move up. It's about the move down because that's what would confirm whether or not, you know, the lows are actually in, on a longer time frame, not a daily, on a longer time frame like a monthly. So we need to see, for me, close above 82,800. That would be a valid trend break of the swing high and the bear market lower high, a recapture of a major inflection point action for Bitcoin between a lower high and a higher low. That higher low being the higher low... Last higher low of the bull market and the lower high of the bear market. Now that we're above it, you wanna see it closed above there. And then, you know, price can really go however high. You know? It doesn't really matter, how high it goes. It matters... I I mean, it does matter. I'm just simplifying, so that we're not getting into the inverted herp... Herpidurps and all that kind of stuff. But reality is it's about the next big move down because that's either going to confirm through a macro time frame like a monthly, a higher lower equal low structure, or will tell us if this was a deviation of, trend. But trend breaks do matter, and should be respected. So any kind of close, by the end of this month at... Of $82.08 for Bitcoin. For Ethereum, you're looking, I think Ethereum has more work to do to be quite honest. But, no, I guess, above $24.60, 2,500, that'd be a valid, monthly trend break for Ethereum as well. And then just kinda wait for the next bigger correction in markets down, and then we kind of observe kinda where it comes in, to determine if it can confirm, you know, some of these areas as macro lows or not. There's still a lot of people out there. There's a lot of people out there celebrating as if, like, you know, the bull market has... Is on. It's been confirmed. It hasn't. There's no technical criteria that it is met to say that there is a structure shift or a bull market trend reversal setup in place. A trend break is not a... Well, would... You know, is a transitionary period in the market if it holds up in higher low fashion or equal low fashion. So in this case, enjoy the ride to the upside. I've been personally taking profits, you know, at the previous range around the monthlies, around 78 to 80 initially. And then again here, once we started to hit 86, at that big weekly level for Bitcoin, I started to take some more profits off of my swing long position, not my spot bags. My spot bags, I've accumulated for the longer term. So when we were down on the lows and I was talking about DCA ing there and lower, that's because I was buying there for the longer term. What I'm talking about is is trade specifically for me in terms of a swing position trade. And, yeah, just... Let's just kinda wait and see where things settle out. We haven't even put in a daily high just yet, in terms of closing structure. So let's see if it, it's got any more juice left to the upside. Bulls still have a chance here, to maybe hit the upper eighties. 88 to 90 is now starting to show itself as a viable target if Bitcoin is especially trending above around 85 to 86,000 and closing above there. I wouldn't rule out a spike, to those... To that area. And then if you do see things pulling back, pay attention to 80 k. You wanna see Bitcoin closing above there in my opinion.
[0:49:11] Dave @DCBK2LA: Let's go. Love that. Yeah. Morning. Go ahead.
[0:49:15] Moni @monitalan: So this would be a break from the four year cycle if it continues, or how do you see this playing out?
[0:49:22] Landy @CryptoLandy: No. Everybody that's saying that the four year cycle is that... First of all, most people that are talking about the four year cycle are simply looking at a price chart and then drawing, like, how many days from peak to trough, meaning from the all time high to the bear market low. And they're drawing out the days of, this is how many days it is, and it's been replicated across. There's actually three cycles for Bitcoin. The first of which is the halving cycle. Right? So you have the the minor halving cycle, which is the rewards being halved, in terms of block rewards. And then you have the post halving capitulation, which is minor capitulation driven by price action capitulating. And then you have price action, and price action reacts to both. I mentioned, you know, when we finally got the breakdown to $60,000, we were finally seeing minor capitulation and how late that was, and that it was still leading me to believe that, you know, 58 to 60 that I was calling for from the highs, the all time highs, if we were to break down, you know, 80 k first and then 58 to 60 is what I was looking for. Nat said the same. We've got plenty of recordings on this for anybody that disagrees with what we were talking about. We're not playing revisionist history here, which is something that I keep getting accused of, and it's like, there's so many recorded spaces of me and Nat and all the other traders talking about this, so give me a break, plus all my uploaded videos. So that's kind of annoying. But other than that, what I do... What what you gotta understand is a lot of folks are really fixated on the price cycle for Bitcoin, and the price cycle for Bitcoin has evolved. Right? Like, we made a new all time high prior to the halving. Right? That's never happened before in Bitcoin's history. We had recaptured, a prior all time high by going under the 2017 highs to put in the bear market lows of 2022 at, you know, $15,500 on spot. Right? Like, so price evolves and structure evolves over time. And what people are usually talking about is you hear a lot of people going, well, like, the the the halving cycle doesn't matter anymore because minor emissions are so low. It doesn't have an effect on price. That is a complete fallacy because miners hold 1.8, and they've held steady throughout the entirety of the prior bull market up to a 126 k and throughout this current bear market, which it still is a bear market. Even if we get a structure break, still bear market till we get that high or low. But what you're what you're looking at there is you're saying, okay. Well, the halving because of the emissions don't matter. That's just not true at all because miners still hold in aggregate more than all of the spot ETFs combined in terms of coins. 1,800,000. Okay? And they regularly transfer them in and out of crypto native exchanges. Right? The emissions, and and, you know, maybe someday they won't be as impactful, in the crypto native side of things. We have this dichotomy of two markets. Everybody's like, well, because institutions are here, nothing that's on chain matters that happens in, you know, you know, exchanges, crypto native exchanges. Even though crypto native exchanges through flows, not through Merkle Tree, but through flows, you can track about 2,700,000 Bitcoin on crypto native exchanges anytime through the actual Coinbase trackable transactions, which is the payout transaction for the new block in Bitcoin. When a new block is mined, the payout transactions in the first... Next block. Right? So the first transaction... So you're you're getting... You can track the miners. So you've got massive cohorts on the crypto native side, and then you've got all of the spot ETFs. And you cannot throw the DATs in there because they don't actively buy and sell. They're majority buyers. Someday, they might be majority sellers, but right now, they're majority buyers. So when you're looking at actively traded coins, everybody's talking about the institutional buyers for the spot ETFs. Right? Those APs that do the creation and redemption process that back those shares with Bitcoin. And, like, somehow now that they're here, therefore, the miners don't matter. The crypto native exchanges don't matter. And that's just simply not true. So we we have a tale of two markets, and both the markets are about the same size when accounting for open interest. The crypto native side just has more of the actual coin. So at this particular moment, you know, price action might do things that don't fit that same chart, but the the cycle is still the cycle. And in fact, you know, if we were to confirm that the bear market, you know, is... You know, bear market low is in and we do that in October, you know, we topped at the same exact time as we always do in, in October of last year. Right? So... And ending the bear market in about a year would be just about on time. Right? Just because structure looks a little different and it wasn't bottom tick to bottom tick in this one period doesn't mean that the four year cycle is dead. It's evolving over time for price action. And until miners run out of coins, in terms of their reserves that are trackable and traceable on chain, they're still gonna play a very big role. That does mean that when there is capitulation events, they will have a large effect on the market through the sell side. And, you know, until crypto native exchanges run out of coins and we have way more in, you know, on the Wall Street side of things in terms of distribution. And until more than those 50% of coins that are held, not... We're talking about active, not lost, by OG starts to distribute to Wall Street, they're not in control. Right? So there's... You're still gonna see that those cycles will have an effect on price. It's just over time, what you're looking for is a diminished effect. So during capitulation events, a diminished effect to the downside. Enduring FOMO events, probably diminished, returns to the upside as volatility gets smashed down.
[0:55:41] Dave @DCBK2LA: Mhmm.
[0:55:42] Bread @_ToastMalone: Thank you
[0:55:43] Dave @DCBK2LA: for coming by. I dropped it. You know, quick. I... I'm okay with it real quick, if I'm being honest. Like, I need a little refresher because I've been out of it for for a hot second. So, like, I'm I'm I'm I'm good with it. I'm I'm I was actually really listening. And if not, my land and bot is obviously gonna go back and tell me everything you said. So this is the beauty of having coverage. It's fantastic. Okay. So I know you you look at the structures and you never make the calls or whatever, but, I mean, it's pretty good sign. We're going up. I guess September, October. October's always been good. This is traditionally the best month of the market. My bread's gonna shit on everyone's and pissing everybody's markets.
[0:56:19] Landy @CryptoLandy: Hold on. Hold on. Hold on. In bear markets, you usually have seen the bottoms come in around October.
[0:56:25] Dave @DCBK2LA: Oh, I meant equity on the equity. You're right. I used to say on the equities. I'll... There's October in the equities markets. It's like... Yeah.
[0:56:31] Landy @CryptoLandy: To be fair to be fair, it was November back in 2022. We did have an October, a tiny, tiny, tiny October in October 2022, and it was November that sold off very hard, in '22 coming into the midterms. And, you know, we... We're... We are... We do have a potential to get a a bear market structure break. Right? So there is that potential. It's the twenty second. Thirtieth is the last day of the month. So, you know, there's eight days to go. And if we get that, you know, I... I'm not saying that the, you know, that 58 to 60 can't become the macro low or be confirmed as the macro low. In fact, I've maintained that through all of the things that I've said here for a very long time, unless pressed for my worst case price scenario, 58 to 60 is where I was looking as the primary area of interest. Not calling it a bear market, but it's saying, you know, like, beware. That is where I'm looking. And if we do start to see confirmation of a structure break and a higher low, great. I'm okay. Yeah. Great. I called a good area. I'm not in it for the call. I'm in it for the damn trade. So... And that's the thing is even if it were to go lower, if we do break this bear market lower high and we go lower into the mid fifties, like, who's really gonna be complaining here? Like, no one. I mean, you'll see a lot of screaming and yelling on the timeline, and it's so over and blah blah blah blah. But real... Reality is, like, no. Like, if you're not if you're not buying there and lower... I I like what Bitt said, and I've referenced this before. He he, him and I were talking about DCA. We were on the Wolf Bitcoin stage, and Cade was talking about, like... I think this is actually when he was pressing to see, like, what would worst case scenario numbers be. And I was like, look. I'm I'm DCA ing here and lower. And as we were talking about DCA ing in that 60 k and under region, Bits came came onto the microphone. It was like, no. Honestly, it's like one to one risk to reward ratio. It's either going to zero or it's going back to the all time high. And I was like, oh my god. That is, a perfect way to put it. And I don't think there's anybody here that really thinks that it's going to zero. Right? So, you know... And and... Yeah. Because there's people even like, oh, you shouldn't be DCA ing here in Lawrence. Like, no. I have a plan for DCA and giving my opinion about what I'm doing. If other people wanna do that and see the same value in that, then they'll do it too. If not, I don't really care. Suit yourself. Bro,
[0:59:09] Bread @_ToastMalone: I would buy so much at zero. Like, you have no idea.
[0:59:12] Landy @CryptoLandy: We would be Satoshi. Me and Brad. The Satoshi brothers.
[0:59:18] Dave @DCBK2LA: The Satoshi bros? Love that. Yeah. Let's go.
[0:59:22] Landy @CryptoLandy: Nice. We wouldn't do an airdrop, though, for our cool coin.
[0:59:26] Dave @DCBK2LA: Boo.
[0:59:27] Landy @CryptoLandy: No. No. Sorry. We're hoarding.
[0:59:29] Bread @_ToastMalone: Yeah. We do an airdrop on ARC. How's that turning
[0:59:32] Landy @CryptoLandy: out? Oh god.
[0:59:35] Dave @DCBK2LA: Bro, I'm convinced I'm on banker blacklist, bro. How am I not able... I'm I'm like, okay. If I can't do swaps, let me send it out of the wallet. Unless I've literally become a re... A retard in in, like, the last thirty minutes. Like, you can't send, like, $2,000 out of the wallet? Bro, crazy. I can't even send it out the wallet. Transaction failed. Failed. Failed.
[0:59:57] Voice F: Bro, how...
[0:59:58] Dave @DCBK2LA: This is... I mean, listen. This is... He's motherfucker. Hey, bro. Oh.
[1:00:03] Voice E: Did you do to bank? Oh.
[1:00:05] Dave @DCBK2LA: Maybe because of Fuck, banker. Fuck, banker. Big time.
[1:00:09] Landy @CryptoLandy: You said,
[1:00:09] Dave @DCBK2LA: But but but, I mean, this, like, I mean, I will literally... I can't even... Wait. You can't even export your keys now that I think about it. Oh my god.
[1:00:21] Voice F: Everyone needs to pull up their funds to send the the... Oh, it's the tip so we can get his his launch going.
[1:00:27] Voice E: But he can't even get money, and I don't think.
[1:00:30] Landy @CryptoLandy: That's right.
[1:00:31] Voice D: He said
[1:00:31] Voice E: transaction stuff.
[1:00:33] Dave @DCBK2LA: That's what he said. I was gonna send more funds into the wallet, but now I'm like, wait a minute. And somehow this token just showed up my wallet called fail. Somebody's trolling me. Somebody's trolling me.
[1:00:42] Landy @CryptoLandy: I don't
[1:00:42] Dave @DCBK2LA: know what
[1:00:43] Voice E: it is. Hey. Can I Sorry? I'm gonna tell you
[1:00:44] Landy @CryptoLandy: a different one now.
[1:00:45] Ryan @Rlad1776: Quick sarcastic question and then a real question. So sarcastic question. I just wanna know, Landy, did I catch the meat of the move on Credo CRDO or not?
[1:00:57] Landy @CryptoLandy: Bro.
[1:00:58] Voice E: From 01:50.
[1:00:59] Voice D: Like, is is... Like, is this the meat of the move?
[1:01:03] Landy @CryptoLandy: I've been tracking your your freaking trade. I've been tracking your trade. And, I gotta say, for the, for catching the meat of this this particular move, you definitely caught the meat of the move, sir.
[1:01:20] Dave @DCBK2LA: Hey. Yo.
[1:01:21] Landy @CryptoLandy: You are now in the meat.
[1:01:22] Voice D: Let him let him cook, Dave. Shut up.
[1:01:25] Landy @CryptoLandy: Like... So Dave maybe doesn't know the lore behind the meat of the move. But just so you know, Dave, Ryan went on a a... You know you know how, David made the rap battle song where he said, Landy can talk for an hour and Ryan can talk for a day? And Yeah. And it's... And it was very funny and very, very true. So Ryan goes on his daily talk about his TED talk, TEDx side event to my main event. But he was essentially saying, hey. I'm just in it for the meat of the move. I'm not trying to catch the lows. I'm not trying to catch the highs. I'm just trying to catch the in between. They gave, like, this really good talk about, like, this is just, you know, the the methodology that I abide by in my trading and how I've kind of always done it is just, you know, value investing and buying when I see that there's an opportunity to catch most of the move, on the way up or the way down for, you know, the put side. And then he says to me to go look at this chart, CRDO, and he's like, yeah. So, you know, I've just... To put a bid in on this chart. And he's literally knife catching. There's no meat... The meat of the move is over. So realistically, Ryan is a horrible degenerate who's catching knives and picking tops, and he's actually really freaking good at it. Like, he's crazy freaking good at it.
[1:02:50] Voice D: Yeah. Maybe most of my my trades are me to the moon, but every now and then, I'm a knife juggler. How about that?
[1:02:56] Landy @CryptoLandy: Well, you know what else is funny is I'm not kidding. So what did you take your trade at? You you took your trade at something like... No. No. No. No. No. On Bitcoin. You got in at, like, $577.58
[1:03:08] Voice D: or something. $58.09.
[1:03:11] Landy @CryptoLandy: $58.09. I didn't even get my fill until, like, 59 and 0.5, sixty k. I think it was averaged in by the time I was done filling.
[1:03:20] Voice D: Because you don't listen to bits and it's
[1:03:21] Landy @CryptoLandy: bouncing around. It was... My freaking average was sixty sixty one k. Ryan freaking bottom ticked it below 58 k, which was what we were looking for a sweep of. It's 58 k because we'd already hit 58 k. So I was like, well, if we're gonna sweep it, probably wanna get into the trade. He's over here catching the actual trade. I'm over here battling the freaking exchange trying to get my damn fills. Somehow, he's got a better fill than I do, and he's like, I don't know. I just kinda
[1:03:49] Voice D: Well, because I focus on the trade, and you focus on word expansion.
[1:03:53] Bread @_ToastMalone: That's Yeah. I got limit buys at zero. I'm just waiting.
[1:03:57] Landy @CryptoLandy: Yeah. Brad Brad, someday, there's gonna be an exchange. Hopefully, it's the one that you got the limit buys on that actually hits zero and then zooms right back to the top side. You're just sitting there and just Bitcoin rich, baby.
[1:04:08] Bread @_ToastMalone: The same thing with USDC, baby. I'm waiting to hit... Give me those fills at 98¢, brother. Hey. Oh. Got out to...
[1:04:15] Ryan @Rlad1776: And I can't even say it or spell it, but b bucket or what... I don't even know.
[1:04:19] Landy @CryptoLandy: But It's bucket.
[1:04:20] Voice D: Sixty two and eight on college football, and I don't do sixty two and eight? That's my baby sixty and four on college foot... Or NFL. No.
[1:04:32] Dave @DCBK2LA: That's
[1:04:33] Bread @_ToastMalone: Bro, we're crushing it. We've had an MLB. We haven't lost a day, knock on wood, in eleven days now, and we haven't lost a single day of NFL or a single day of college football. Like, absolutely just crushing it right now. So, like, yeah, go... Like, if you're not following bucket and you watch sports, like like, you're an idiot. Go go follow the bucket account.
[1:04:57] Ryan @Rlad1776: True story. Right? Like, my kids are... They, you know, they d gen two, 24, 22. And my oldest was home this weekend, and he's, like, all pissed off all day Saturday because he went, like, o for four. And, you know, we're eating dinner, and he's got this attitude. And I'm like, I felt like he was 14 again. And I'm like, dude, stop with the bullshit. Just go fuck it. And he's like, what's that? And I showed him. He's like, oh, okay. Yeah. I go, be a winner. Stop being a loser.
[1:05:28] Bread @_ToastMalone: Hell, yeah. You gotta walk in on and be like, are you new customer. You gotta ask him, are you a winning son?
[1:05:35] Voice D: Well, I I... Well, no. I wanna rub shit... Some shit in, but I told him to go to Bucket. Just FYI.
[1:05:42] Dave @DCBK2LA: Appreciate you, homie. Oh, yeah. How many... You guys got you guys got some paying cost... Records like that is what... Bro, that's what's gonna bring in paying customers. You guys seeing a little traction there?
[1:05:51] Bread @_ToastMalone: Yeah, dude. Yeah. We're up to a whopping... I think it's a 112 MRR currently. You know? So I mean, like, yeah. Looks good. We're not retiring, but I mean Let's go. We're... We've got users, man, and it's not... There is no token.
[1:06:03] Dave @DCBK2LA: 112 users. Yeah. I'm gonna say, hell yeah. You know?
[1:06:06] Bread @_ToastMalone: Yeah. Rock... No. We've got hundreds of users.
[1:06:08] Voice D: Hockey stick inbound, brother.
[1:06:10] Bread @_ToastMalone: Oh, bro. Hockey. I can't wait for NHL. Have a whole model that
[1:06:13] Voice D: I trained all the last season. Hockey. I'm saying
[1:06:14] Dave @DCBK2LA: the growth curve. To the right charts.
[1:06:16] Bread @_ToastMalone: Yeah. Yeah. Course. We're always going up into the right, but there will be... Never be a token. No. No. No. We're not we're not playing these d gen games. We're not gonna
[1:06:24] Voice E: launch But users users, you need to launch an NFT.
[1:06:27] Dave @DCBK2LA: No. No. No.
[1:06:28] Voice D: We're not
[1:06:29] Dave @DCBK2LA: gonna do... They were gonna
[1:06:30] Bread @_ToastMalone: We almost did. Well, I'll tell you what, guys. Like, we were within literal... Like, I have I have 5,000 art PFPs and metadata, like, ready to go. And, ultimately, we were like, you know what? No. Like, we're not going to ultimately just... Because then we have to fight every DGN on the planet about, like, why isn't number going up? And it's like... Because we're busy winning, bro. Like, I'm not worried about, like, your stupid art and, like, why is his more rare than mine and what's the utility and... No. No. No. No. No. It's powered by Stripe. Shout out Stripe. And it's a web two you pay monthly, either $7.99 or $24.99. You know? Unless, like, you know, you... You're one of, like, the OG homies, in which case, like, maybe you've got a free pro subscription. Right? Because, you know, like, that's how we do things out here. Remember, your network is your net worth is what they say out here, and it doesn't come with a PFP. It comes with a beer at a bar.
[1:07:31] Ryan @Rlad1776: Yeah. I'll send you my kid's name and his subscriber information. I want you to upcharge him and then kick me back some cash. We good?
[1:07:40] Dave @DCBK2LA: Yeah. Yeah.
[1:07:41] Bread @_ToastMalone: Yeah. We're gonna have a new membership plan. It's gonna be $99.99 a month, and it's only if you're Ryan's kid.
[1:07:47] Voice D: Perfect. I love it.
[1:07:48] Landy @CryptoLandy: Now, Brad, I have a suggestion. So I think that you guys should take x money payments, for the subscription. So $7.99. You say, hey. If you send buckets $7.99 a month via x payments and x money, then we will give you one month of buckets for free.
[1:08:13] Bread @_ToastMalone: I mean... No. You know, we're...
[1:08:15] Voice D: That's a great idea, dude. Like, embed yourself with Elon because, like, you were gonna go up into the right......
[1:08:21] Voice E: Center gray.
[1:08:23] Bread @_ToastMalone: Hang on. Do we have to pay for the x API, though, to accept x money payments?
[1:08:27] Voice D: No. No. No. No.
[1:08:29] Landy @CryptoLandy: You just accept x money.
[1:08:30] Voice D: Like... And promote that hit as hard as possible.
[1:08:33] Voice E: You you have to activate it on on
[1:08:36] Bread @_ToastMalone: What... Hon. Who... What's what's the infra?
[1:08:38] Landy @CryptoLandy: To our x money. Send $8 to to buckets. Get a free one month.
[1:08:44] Bread @_ToastMalone: Send me via mail USPS a $20 bill, a crisp $20 bill, and I will give you three months for free.
[1:08:52] Dave @DCBK2LA: I will gladly take
[1:08:53] Voice D: a hamburger today and pay No. I know you're being funny, Landy, but, like
[1:08:59] Landy @CryptoLandy: No. I thought I
[1:09:00] Bread @_ToastMalone: thought No. Hang on. Legit legit, though.
[1:09:01] Voice D: Get into bed with them and promote that.
[1:09:05] Bread @_ToastMalone: What's the infra behind x payments, though? Is it powered by Stripe? Is it powered by Visa?
[1:09:11] Voice E: Don't remember. I don't remember x...
[1:09:14] Voice F: I think it is Stripe. Yeah. Sorry.
[1:09:15] Dave @DCBK2LA: Is it...
[1:09:16] Voice E: Yeah. I think it is something like that.
[1:09:18] Landy @CryptoLandy: I don't think it's all Stripe, but I think...
[1:09:19] Voice E: I'll look it up.
[1:09:20] Voice F: And I don't and I don't... And I and I also... Margaret, when I looked at it, I don't think there's any limits for x money that I saw. You know, I'm... I don't think it mattered. You you you had to... They got premium plus, but I think premium to the same. There was no limit, that I saw that was how much you could send to people.
[1:09:38] Voice D: I mean
[1:09:38] Moni @monitalan: There's limits on how much money you can send. Yes. I I I hit that limit yesterday and how many transactions you can do. But I think the reason I was flagged was because they were all $8 transactions.
[1:09:51] Ryan @Rlad1776: But, Brett, you get you get on his timeline, like, one post from Elon. It's like, I'll see you. I'm out.
[1:10:00] Voice F: You you
[1:10:00] Landy @CryptoLandy: pull a
[1:10:01] Voice D: Dave for, like, years.
[1:10:04] Moni @monitalan: I'll send you the info for the guy, the engineer, the product engineer for x money too so you can tag.
[1:10:11] Bread @_ToastMalone: Hell yeah. I'll hit up Sierra too. Maybe she knows somebody.
[1:10:16] Voice E: That's brilliant, Mandy. Promo. We all need friends like Mandy.
[1:10:19] Landy @CryptoLandy: I I think it would be a good promo. Like, use x money. Take advantage of the narrative that's already out there. They want people using x money, so bring it up. Like like, you could do... You could even do, like, a hybrid thing, like, in... You know, if you have a seven ninety nine and a twenty four ninety nine, maybe you do a one month promo at, hey. Send... If you're using xMoney, you can send us $8, and we'll kick your promo, a pro account for free, but it, you know, it gets knocked down to the big
[1:10:45] Moni @monitalan: You'll get a free NFT. I'm
[1:10:47] Moni @monitalan: just kidding.
[1:10:47] _bcbread @_bcbread: You're creating work for me, bro.
[1:10:49] Moni @monitalan: I'm kidding. I'm just kidding.
[1:10:50] _bcbread @_bcbread: The whole team
[1:10:51] Moni @monitalan: is But it's
[1:10:51] Moni @monitalan: Oh my god.
[1:10:52] Moni @monitalan: But it's work that's worth it. I know. But it's work that is worth it because you'll get so much.
[1:10:57] Voice F: And and the reason that we started tipping too was because there was right around when Mike Alfred and Bitcoin and I got... And all these guys started doing their subscriptions. And it was, a big old, like, argument over everyone. It's like, oh, these guys already got money, and they're putting subscriptions. And I was like, and then I've seen... You know, you see a lot of these, like, people doing spaces. They're hosting for hours and hours and days, and they they don't qualify for monetization. They don't qualify for a subscription. So I was like, you know, like, fuck it. We don't have to wait for them to to qualify. Let's just send them some x money and and bypass the whole sis... The whole structure of you have to do this many, you know, impressions and blah blah blah. Like, like, if if we're all... Yeah. How many spaces are we in where everyone's talking about how much money they got and how successful they are? And they they bought Bitcoin in the the the pre mine back in 1982, you know, that didn't exist, and they all had all this money. So... But you guys can't tip $5. It's like, you know, it's like either show up that you got money or quiet down because the... This host has been here for eight hours, and you guys are just hanging out in there. Like, you know, don't wait for them to have to qualify. Just send them some money. You know?
[1:12:04] _bcbread @_bcbread: Yo, gang. Who... Who's Jamie? I like this guy. This new guy. Jamie. I like this guy.
[1:12:09] _bcbread @_bcbread: Who is he? Where did he
[1:12:10] _bcbread @_bcbread: come from?
[1:12:10] Ryan @Rlad1776: Jamie Jamie is a good dude. He's a douchebag because he's from Boston, he likes the Red Sox and the Patriots. But outside of that, he's alright.
[1:12:17] Ryan @Rlad1776: Alright. Followed.
[1:12:18] jamie Miner @Jamieminer: I know the crew. Yeah. He's... I'm I'm I'm in the other rooms, but I... I'm glad I found you. So I got... I like I
[1:12:24] Ryan @Rlad1776: like the support and dudes. Here he is.
[1:12:27] Landy @CryptoLandy: You said that he was a Patriots fan. I don't know.
[1:12:31] _bcbread @_bcbread: Well, I disagree with that part, but everything else about the guy, I like him. So
[1:12:37] tsn @tsncrypto: I was just gonna say, basically, Brad, you've probably done the right thing keeping the products out of NFTs and things like that. Yes. Because Stripe are really regulatory in a way in terms of how you approach them and send it with payment platform. So if you keep it as a standalone product, you'll do a lot better.
[1:12:56] Ryan @Rlad1776: Don't worry, Brad. I'm not gonna create a PDF for you. I mean, an NFT for you. Sorry.
[1:13:00] _bcbread @_bcbread: Oh, that's what we're gonna launch. We're gonna launch PDFs. To get in so much. Only.
[1:13:07] _bcbread @_bcbread: We're gonna have rare PDFs, and we're gonna have exotic PDFs. This is gonna be crazy.
[1:13:14] _bcbread @_bcbread: Sometimes And then if you hold three if you hold three PDFs, we'll airdrop you a CSV.
[1:13:21] Landy @CryptoLandy: Man, I'm just I'm just happy. I'm happy for you. You you guys are killing it, and I'm glad that there's no crypto NFT.
[1:13:32] _bcbread @_bcbread: Yeah. Apparently too. Like, apparently, Bucket's killing it with tennis too. I don't know anything about that. That's all I... Like, I handed those reins over to Coma. I don't know shit about shit on tennis. But, like, apparently, he's been following Bucket for the the tennis recommendations, and it's been killing it in tennis too. So I don't post about it, though, because I'm, like, way outside my league there.
[1:13:55] Ryan @Rlad1776: Well, at least there's one person out there. No. I'm just kidding.
[1:14:00] Landy @CryptoLandy: I I... Well, I have I have legitimate gripes with the Axalgo because I I am constantly on stages with Brad across various stages, or when he's on a stage, I'm usually in the crowd hanging out, like, when Taj is hosting and stuff like that. Follow him, Coma, the Buckets account. You'd be damned if I ever see a post from them unless it's shared in the group chat.
[1:14:31] Ryan @Rlad1776: No. I see him. Apparently, you're you're not welcome. I can't
[1:14:35] Moni @monitalan: I don't see them. I hardly ever see... And we don't see Kuma here either.
[1:14:39] Moni @monitalan: But How else do
[1:14:39] Moni @monitalan: I know?
[1:14:40] Moni @monitalan: I knew they went six two and eight on college football. And what was it? 20... Or no. Sixteen and four or something like that on on NFL or sixteen and six. I forget, but
[1:14:54] _bcbread @_bcbread: I saw it. Hang on. I'll pull it up right now. I'll tell you where we're at.
[1:14:57] Ryan @Rlad1776: Maybe I'm a... Maybe I'm too much of a degen.
[1:15:02] Dave @DCBK2LA: I'm gonna cook banker so bad, bro. This is... It's gonna be... Because I'm also trying to figure out if I am retarded or not, but, yeah, I'm gonna
[1:15:12] Ryan @Rlad1776: Dave, buy my bags of Uranus. Dude, do
[1:15:14] Dave @DCBK2LA: you wanna hear something funny? I went to the store this weekend because, like, my nephew had... Nate finally had surgery. Everything went good, by the way. Oh, thank god he's good. And my sister wanted to buy him a watch.
[1:15:22] Ryan @Rlad1776: That's great.
[1:15:23] Dave @DCBK2LA: And I went to the swatch store. They did a collab with Omega, and they named him after the planets. And I'm like, you're gonna buy your son. And she was like, get Uranus. And I'm like, no. You can't do that to the kid. You cannot do that to the kid. You're walk around with a Uranus watch on?
[1:15:37] MetaBeast @AKCMetaBeast: Uranus, make
[1:15:38] Ryan @Rlad1776: them my bags and give them to him. He can have his ur... Urinate. Urinate.
[1:15:42] _bcbread @_bcbread: Okay. Hang on. Two things. It's pronounced Uranus, guys. I don't know, you know, your pronunciation. And, update for NFL for the whole season, we're twenty three and nine for the season currently. Bang.
[1:15:55] Ryan @Rlad1776: And it's not your... No. No. No. What... You said. It's Uranus. Annunciation, please? Yeah. Yeah. Yeah. I just enunciated perfectly your anus.
[1:16:06] Landy @CryptoLandy: Rings around Uranus.
[1:16:09] Dave @DCBK2LA: Okay. Real quick. I did wanna... Like, I have been trading more on OpenSea. Not not trading, essentially. Like, I'm... Whatever. I was just testing out the perps platform and stuff. Question for you guys. Do you, like, I I I don't wanna mush anybody, but NFT... I I know I said all season, but NFTs? I'm now seeing all these other NFT collections literally cooking from
[1:16:36] Moni @monitalan: Oh, that is true. Yeah. Absolutely. Yeah. From the OG collections. There's a couple that I saw. Yes. The answer is yes. But can we talk also about the crazy, like, stuff happening with NFTs? That guy with the unveil and what were the images feet. Oh my god. What was that?... The finger....
[1:16:55] Ryan @Rlad1776: Fun, but NFTs are a
[1:16:56] Ryan @Rlad1776: thing now.
[1:16:56] Ryan @Rlad1776: They they really are. They are. Like, they are all over the timeline.
[1:17:03] Voice E: Where are those... They're not as... Is DocNooNoo here? New new come up?
[1:17:06] _bcbread @_bcbread: No. Hang on. There are way too... There's there's way too many Jeets in the industry for NFTs to ever be what they were in 2122. People are flipping it for, like, a $4 profit. We're back in 2122. We had six figure runners. You know? Like, it... There's... I don't think it's, it's not gonna hit. Yeah. But use the...
[1:17:24] Ryan @Rlad1776: Use a bot, do that a 100 times a day, and that's $400 a day passive income. Bingo.
[1:17:30] Moni @monitalan: Some of those bots are nuts. I mean, you see them and you're like, oh, this is a hot collection because those bots are all over.
[1:17:37] Landy @CryptoLandy: Brian, I know you're prepping for the income ETF space, but that is not an income ETF strategy. Thank you.
[1:17:43] Ryan @Rlad1776: No. No. That's gonna be... That that that is my lead tomorrow, Landy.
[1:17:47] Landy @CryptoLandy: It better not be your lead tomorrow. I will I will mush you.
[1:17:52] Moni @monitalan: No. But look at... I think Quotrons, which I think, Dave, you have followed. Right? What it's... It's at one point four eve. I think all time high.
[1:18:00] Dave @DCBK2LA: Yeah. What was it? I think people are sleeping there. Think Something? Kraken today. Users in Kraken Wallet got a nice little stimmy for some... I didn't see exactly what... Well, let me see, actually. Hold on. Let me pull it up.
[1:18:09] Moni @monitalan: Oh, for the Squink?
[1:18:10] Moni @monitalan: Yeah. For Squink.
[1:18:11] Moni @monitalan: Could it
[1:18:12] Dave @DCBK2LA: be Yeah.
[1:18:12] Kool @koolcryptovc: Yeah. Yeah.
[1:18:13] Dave @DCBK2LA: Yeah. They were like, hey. Yeah.
[1:18:15] Moni @monitalan: Squink went up to a little... I have to check that because I have I have them.
[1:18:20] Dave @DCBK2LA: Yeah. I don't think people realize essentially how... Because nobody really looks into the mechanics behind any of this stuff. Right? And I'm not talking, like, stunk brokers where it's just like, oh, the fees are gonna go back. Like, they dress it up in all this fancy shit, and so you can't understand anything that's going on, and then that's how they get you. And then you have an army at your back when you say one negative thing. But the Inc crew is literally, like, piping all of this in to the... Like, Quotrons are gonna be tied into all of these RWA pools that you're gonna see on SentryX stocks that you're seeing now. Right? And for those that don't know, Payward is the parent company of Kraken, and they just signed a $100,000,000 deal with Nasdaq, which is kinda nuts. It's kinda nuts. And on that on that note... Quick side note, Ryan, you deserve a a big shout out, bro, because I saw the... I don't if that was real or not, but Hyperliquid surpassing Nasdaq volume, I thought was absolutely crazy. I don't even know if that's true. Maybe I read the headline wrong. But, bro, you are all over this call. So the clap is for everyone, sir. Definitely for you. But... Yeah. No. Crack it. Like, don't keep on Inchain, guys. The Quotrons are tied in. They literally... It might not be anything now, and you're thinking, oh, it's just a really expensive freaking NFT. When that shit starts cooking and the big money starts coming in, you're gonna see how much money is gonna be flowing through those pools. Yeah.
[1:19:40] Ryan @Rlad1776: And and, Dave, here's what Inkchain... This is just my early assessment, but here's what Inkchain's gonna do better than Robinhood Chain and Base or, you know, whatever the hell Coinbase is doing now. They went to school on those guys, and they have their marketing message, and they're refining it. And they're gonna make it simple and easy so that people can understand. And that is what attracts the capital.
[1:20:08] Dave @DCBK2LA: Facts. Dude, I'm learning so much also. Like, even just, like... This is in every industry. Right? Like, this... Like, you realize how many hoops we we jump through where, like, today... Or, like... Or the other day when I was looking for the Nearwall or the Hotwall and stuff, and I'm just like, how much easier would it been if I could've just logged in with my Google account? I didn't have to do all... Like, any of this crazy shit. Like, there's no way this stuff was gonna take off in its current form. You know what I mean? But you're right, bro. Keep it simple stupid. And the and the the companies, the wallets, the the exchanges, the ones that do that, that's what you're seeing. Let me see what else. My god. I'm starting to get all the alerts. Up 5%, up 7% of... Oh my god. Guys, Polkadot up 5.2%. Polkadot has life. You better watch yourselves. Did
[1:20:58] jamie Miner @Jamieminer: did you hear that? And that that... And I... And maybe you guys already covered it, but they they capped the... They hard capped the supply.
[1:21:05] Dave @DCBK2LA: Polkadot? Yeah. Mean, at this point, you just... You're grasping for straws. You know what I'm saying? Like, when you got, you know, weights tied around the bottom of your ankles, you're gonna sink to the bottom of the ocean pretty fast. You'll do anything to be like, just, no. Let me get back to the surface.
[1:21:19] Ryan @Rlad1776: I agree with both of you, but here's the thing you gotta recognize, And I'm seeing this as kinda standing back. All of these tokens that have gone to, token hell or or token, you know, no man's land, they all are learning from hyperliquid. Right? Whether it's a buy and burn, whether it's a hard cap, whether it's... Like, they realize, holy shit. We actually have to provide value back to our owners. So keep an eye on those. You're seeing it in in a lot of different places. So some of the OG coins that people have a lot of bags in, including me, You know, some of them are certainly kinda get it. Like, you actually have to return value back. It's not just, hey. We're a VC. We'll give you, you know, $30,000,000, launch this thing, we'll take our money out, and then, good luck. No. Like, if they've survived this long, near is a perfect example, and that will go to $7.7.5 in my estimation. Right? And you go back three months ago, it was at a 170... Or a 100. A dollar 75, dollar 80. They're all they're all starting to understand because they wanna be part of the survivors. And I would just say pay attention.
[1:22:48] jamie Miner @Jamieminer: I I posted that in our chat group, right, like, about three weeks ago. Right? And, it it it... It's just like a... It's a narrative like everything else. Right? But it's just another... It... These legacy coins have network effect. You know? I mean, it's a Ethereum founder. You know? Regardless of whatever they've tried to do, how successful it was, you know, they... They're trying to find another narrative to them. Okay. Well, how many of these spin offs from Ethereum have the same emissions, you know, staking, whatever, like, for them to say, hey. You know what? No one's doing a hard cap conversion. You know? Like, let's let's do that. And so it's just a narrative, but I I I saw it at at... You know, I looked at the weekly, it had a breakout with the narrative. I'm like, know what? This seems like a good trade to take and see where it goes. You know, it's it's been it's been working out pretty good. So I'm I'm following it, taking profits, and then rotate it to something else.
[1:23:48] Ryan @Rlad1776: Yeah. It's just amazing. The level of, similarity between what I witnessed during and screw all you guys who are gonna say I'm old, but, like, during the .com boom from '96 to o one, like, in the beginning, it was just... It was it was like... What's his name? Kanye or who... Whoever the hell went into the club and just made it rain. Like, it was just money everywhere. It didn't matter. Like, as long as you could put .com at the end of your name, you were getting money. And as we got further and further and further along, the closer we got to 2,000 and then went through y two k and then 2,001, it was like, okay. Now it's time to... You know... Can you bring value or can you not? And if you can't, then enjoy. And I was getting off planes in San Francisco and and driving to Silica... Or, taking a cab or whatever. Yeah. A cab back then to to Palo Alto. And month by month by month, the buildings that were lit up before when I'd get off were no longer lit up, And you could figure out who the winners and the losers were. So that's kinda what's happening now. It it does take some time, but you're starting to see it. So pay attention.
[1:25:13] _bcbread @_bcbread: Guys, I've been a little out of the loop. Have we talked about Calshi?
[1:25:18] Dave @DCBK2LA: Oh, we have not, actually. We have not. Let's cook a little ICO beast right now. What's the deal with this story? Because I heard this... Like, just reading the story, it's like, it's like, oh, I guess I couldn't have made it... Didn't have to make it personal. Like, you see? Maybe there was a good reason why I probably roasted this fucking clown way back in the day. What happened, Brad? But you've been screaming this from the rooftops. Like, apparently, like, their counting look like... Look... Like, wash trading, but, like, you know, they're cooking the books, essentially.
[1:25:44] Bread @_ToastMalone: Bro, I've been screaming it from the rooftops for months, bro, them and Polymarket. Just like, you know, Polymarket isn't as obvious about it, right, because of how they're actually accounting for their volume. But, like... Yeah, man. Like, I happen to, know a thing or two about the market making side of being as that, like, I... You know, last year, I built the the agent that's now doing it for parlays over there. And, like, yeah, bro. It's straight up. Like, every less than a second is, like, a $5,000 buy and then sell and buy and sell. Right? And so they're pumping their volume up, but just inflating it to all hell. Right? And it's like, it's the same thing Polymarket's doing. It's how they count volume. Right? I mean, like, there's a reason why even, I think it was probably, like, six months ago, you used to be able to log in to Polymarket, log in to your account, and see your total volume. Right? They took that function away because whenever you would bet $1, it'd say $4 in volume. And you're like, wait. $4? I only I only bet... I only bought $1 worth of whatever. How is that $4? It's like, oh, because it's a binary outcome. There's a counterparty, and it's in and out. So $1 is $2 in and also $2 out, and that's your $4 volume.
[1:26:55] Voice D: They're doing that. I know for
[1:26:57] Bread @_ToastMalone: a fact that they're doing that. And Kalshi was doing the same stuff, but, like, and Kalshi is doing it more on the institutional side, though, by... Essentially, you get these, you get maker rebates, right, for providing liquidity to the market. And so if you're taking the same market that you're making, it ends up being neutral. Right? And so it's like, I bet... You know, I'm I'm making this market by being the counterparty on a $5,000 parlay. I'm also gonna bet it for $5. Right? Well, congratulations. In less than a second, you just did 10 k worth of volume. Right? And, now when you go to raise, right, like these companies are, and you go, yeah. Look at the volume we're doing. You should give us a billion dollars. Look at all this volume. The fee accrual on a billion dollars in volume is insane, and that's all profit and investors looking.
[1:27:48] Ryan @Rlad1776: So, Brad, question. They make for 5. They take for five. What's what's the rip that Calshi takes?
[1:27:54] _bcbread @_bcbread: Calshi takes the fees on everybody else, on all the people that aren't institutionally market making. Go. Yep. Yep. And that's like... But those fees only account for, like, the, like, the real volume because they're the takers, the the average Joe's, the you and I. Right? The takers, like, we're, you know, we're not doing $5,000 every less than a second. You know? And so
[1:28:19] Ryan @Rlad1776: But they're not going to funding raising based on the fees. They're going to funding based on the volume.
[1:28:24] _bcbread @_bcbread: Well, they're going to funding and raising based on, like, the promise of, like, look at the fees that we're collecting or that we could collect, you know, extrapolate this volume over the course of the year. Remember in January? You should somebody should go find it. The post that Cali made was like, we've done a trillion dollars in ARR volume or whatever. And it's like, yeah, because it's January, bro. Like, you just multiplied your ship by 12. You know? And, like, that's what we're doing. That's projected for this year or whatever. And it's like, yeah, but it's all fake. Right? But, like
[1:28:56] Dave @DCBK2LA: Well, No. Projected. I mean, that's kinda... Like, that's your that's your rate. Right? Like, if you did that much in the month, that's kinda how it's calculated. You know what I'm saying? Like, you can't fault them for that.
[1:29:06] _bcbread @_bcbread: No. But the but the investors don't know that, like, that projection is based on volume that's half fake. You know? It's like, yeah, they may be
[1:29:13] Dave @DCBK2LA: The the volume piece. Yeah.
[1:29:14] _bcbread @_bcbread: Yeah. Exactly. And that's what they're raising on. They're raising on volume. Same thing Polymarket's doing too. You know? Like, they're raising on the volume that they're doing. You know? But now it turns out, yeah, most of that volume is fake. Well, it's always been fake. But now who's a Benny? This... The Swedish guy. Benny is just like, don't piss off Benny. If you're in crypto, don't don't fault Benny.
[1:29:35] _bcbread @_bcbread: He told Benny?
[1:29:36] _bcbread @_bcbread: Do you know? ICO Beast originally said that Benny was out of pocket on some comment or something like that. And Benny was like, oh, really? Check this out. And just blew up Kalshi's spot. You know? And ICO Beast for his... Was the one that called him and goes, wait. Don't you work for them and you don't even understand this? Let me explain it to you, you know, and laid it all out for him. And then there was a whole GitHub repo that was posted by one of Benny's homies that is, like, pages and pages. I didn't read the whole thing. It's a lot of... It's it's thick. You know? But, ultimately, breaks it all down and shows the on chain proof and the transaction hashes and the maker addresses and the takers, where the funds are going using bubble maps and, like, all of the stuff. And, ultimately, like, Kalshi is now really quiet while legal figures out what the hell they're gonna do in this situation before it gets picked up by mainstream media.
[1:30:29] Moni @monitalan: But you saw that he replied, right, apologizing to Benny?
[1:30:33] _bcbread @_bcbread: Well, yeah, because, like like, we... Know? Yeah.
[1:30:36] _bcbread @_bcbread: You you mentioned by legal.
[1:30:38] _bcbread @_bcbread: Exactly. I was gonna say, Monica, you know that that legal told him that he had to to do something, and they probably even wrote out the tweet for him to post.
[1:30:46] _bcbread @_bcbread: Sure she wrote that.
[1:30:48] _bcbread @_bcbread: Yeah. Yeah. Yeah. Yeah. A 100%. That's all legal copy type stuff to be like, oh, crap. Quick. Bury the tracks.
[1:30:55] Ryan @Rlad1776: Well... So how is it any different than what Anthropic and OpenAI are doing? Okay?
[1:31:01] _bcbread @_bcbread: Bingo, buddy.
[1:31:02] Ryan @Rlad1776: They're, like, throwing out... They're they're getting valuations and funding rounds based on revenue that does not include cost and expenses. Like, what are we doing?
[1:31:15] _bcbread @_bcbread: So what's funny is Yahoo started this whole meta of raising on volume, and all of this stuff was pump. It was pump fund when they raised on all the volume that all their tokens were doing. And now that's coming out in the wash too to be like, wait a minute. You were funding KOLs' wallets to to to buy and sell tokens to create volume, and the KOLs didn't have a didn't have a dog in the race, essentially, because it was money that was given to them. They're like, you know, give these KOLs $10. And now this KOL is like, I just put $5 into this token, and you should too. And then that creates a bunch of FOMO that creates a bunch of reg... You know, normies to come in and be like, oh, so and so said that I should buy this token. And then they do, and they're gonna get used for exit liquidity by other people. And the KOL,
[1:32:06] Dave @DCBK2LA: think
[1:32:07] _bcbread @_bcbread: Given the money to begin with it.
[1:32:09] Landy @CryptoLandy: Oh, shit. Yeah. They got you. They call you
[1:32:12] Landy @CryptoLandy: the bomb.
[1:32:13] _bcbread @_bcbread: Shit. Am I back? Are they...
[1:32:14] Dave @DCBK2LA: They're Yeah. You got it. No. We got you. We got you. We got you.
[1:32:16] _bcbread @_bcbread: Oh, okay. Yeah. Ultimately, yeah, the KOLs don't care whether they win or lose because they were given house money to begin with. Right? But it creates volume and the FOMO incentive for others to come in, which creates more volume. And then there's the fee, right, that the platform takes, the 1% fee, the 2% fee. And for an investor, that's pure profit because it's a fee model. Right? So it's like, no. That doesn't cost you anything to just charge a fee. It's not like a subscription service. It's not a SaaS model. It's a fee driven model. Pump started it, and everybody else followed suit. And now that's, like, kind of the meta, but it's being washed up right now. And turned out that, like, oh, it's all fake across every platform, across all the prediction markets, across all of the token platform... Launch platforms. Like, it's all fake. This fee volume way to raise is cooked, you know, unless... No. There's no way Kalshi can prove anything. Kalshi's Kalshi's screwed. Like, they're all screwed.
[1:33:13] tsn @tsncrypto: I don't get it. If it's fees... If it's like a fee volume, I'll get it. I can... I I I get, like, an actual volume and profit. So how do they judge it?
[1:33:27] _bcbread @_bcbread: Because based on the volume, like, you did a billion dollars and you're collecting a 1% fee on that, that means you just did a 100,000,000 in pure profit that didn't cost you anything in OpEx. You know, it's just like that's...
[1:33:40] tsn @tsncrypto: Is... Are they... They're reporting actuals or is it just inflated garbage?
[1:33:45] _bcbread @_bcbread: It's inflated. Yeah. They're
[1:33:47] Ryan @Rlad1776: not reporting actuals, TSN. They're not public.
[1:33:53] jamie Miner @Jamieminer: Right? Wow. And I'll I'll add on to, like, what, like, what you're talking about. Like, I I I was talking with Ryan, off... Offline. The back channel was last week, a couple weeks ago maybe. And I I was talking about a coin that I identified was pumping the charts and kinda set my red flag. I had a lot of... I started watching on the one minute chart, and I'm watching these, you know, essentially market make their own coin. Right? Like, we were looking at the wallets, seeing that they were gifted. And then when organic buyers were coming into the chart, they were selling into that and extracting, you know, but creating higher highs, higher lows. You know, you could see the structure of the the market that they were making, you know, preparing for a launch. And then, you know, I I kinda flagged it, let a couple people know to be careful if they were exposed to it. I went to bed. I woke up, like, six hours later. The thing dumped. It was a total rug. I watched it happen. Like... You know? And and it really kinda threw me. Like like, it was great that I was able to see it, but it kinda woke me up to really watching how these things happen in real time. I started, you know, doing some diving on research and just curious about, like, how... Because it seemed like it was a clear rug. Right? And so I'm I'm arguing with my LLM. I'm having my other LLM argue with this first LLM. And and then, you know, talk about the... Like, that whole liquidity pool model and, you know, it's not illegal. You know, they're they're not registered market makers. They're they're not, you you know, but they but they are market making. And, you know, there's a lot... There's a real gray area right now where if you're providing liquidity, you can remove it. You can mark... You can, you know, unofficially market make, but because it's the intention. If your if your intention is to do it to rub them, then, you know, that's the area where it goes across the line. But the intention is also very difficult to, to prove, and so that's why it's so rampant.
[1:35:56] Ryan @Rlad1776: For the years... The... For for the two years where DeFi was absolutely dead, you know how people made, like, ungodly sums of money. Right? They had a few bucks or or a bunch of bucks in their pocket. They'd go out, and they'd sift through all these coins that had no liquidity. Right? I mean, we see it every day, even today. There's 15 coins that should not have pumped today that did. Right? They go out. They supply the liquidity. They're like, you know what? This thing is dead, but I'm gonna pump... I'm I'm I'm gonna throw some liquidity in it because there's a shit ton of people that want to get out of their bags, and it's gonna go up. And that's gonna create the FOMO, and then you're gonna get other people that buy. And before you know it, something that's 2¢ is at 20¢. And the the person that threw 10 k into it that had it, that didn't give a shit if they lost it or or whatever, like, now they've got a million because they've been exiting the entire time, and it's called, well, I'm not gonna get political. It's called, capital redistribution is what I'll... Is how I'll say it.
[1:37:07] jamie Miner @Jamieminer: The the... For $7,000, you can get the... Basically, the whole supply at launch and send it where you want. I want... These guys... For... When when I went to bed, it was, like, six hours. I woke up 40... No. $58,000, they extracted it in six hours. And, again, it only cost me 7,000 to start the whole... To get every coin. So there's a lot of money in these, and that was a coin that was garbage. Imagine the, you know, the ones that actually make it up and get some real buyers want.
[1:37:36] Ryan @Rlad1776: You gotta do is just go on the deck screener and see what's been dead for, you know, months, years. Right, and throw a little money into it and get it started and then throw a little more into it before you know it. It's on the watch... The the the, the top gainers list. And then bye bye. Move on to the
[1:37:56] Dave @DCBK2LA: next Yo.
[1:37:57] _bcbread @_bcbread: And, Ryan, there's there's no difference with NFTs. That's the thing. Right? It's the same thing. You've got internal wallets, funded wallets, buying the thing, driving the floor price up so that it has secondary volume that hits a certain amount, and then it causes FOMO. You get royalties on that secondary volume, the team does. You know? And that they just dump back into funded wallets to keep driving it up. You know? It's the same exact thing. But, yeah, Monica, you got your hand up.
[1:38:22] Ryan @Rlad1776: I'm not I'm not I'm not saying anything about NFTs. I don't wanna get yelled at.
[1:38:26] Moni @monitalan: No. No. No. But talk about what happened with FOMO. Everybody woke up hating FOMO this morning for kinda similar reasons. Right? I think it started with a whale post that he was out, and then a ton of people, as always, started to say that, you know, the fees were too high. I think they also have a limit, right, on how much you can trade and that a lot of people were faking their their numbers. I don't know if anybody was following it, but it was It's the
[1:38:53] _bcbread @_bcbread: same playbook. It... It's the fee based on volume profit model. You know? And it's so easy to fake, but it's such an unregulated industry that there's no real, like, oh, well, you violated this law of this section clause, whatever whatever, because it doesn't exist yet. So they're just like, yeah. Well, we'll just run with it. And they're taking a a page out of Polymarket's playbook where it's like, yeah. Whatever laws we're breaking, whatever. We did a billion in profit off fees, and so, oh, they're gonna charge us a $100,000,000 fee, you know, whatever regulatory stuff. Here it is. Here's a 100,000,000. We'll keep the other 900,000,000, you know, as just in house profit. You know? It's it's something that... Well, I mean, realistically, it's something that I thought, like, hopefully, the Clarity Act would kinda start to address and resolve, but the people writing these laws have never been in the trenches. They've never been in this industry, really, and they have no clue as to what's going on in the alleyways of crypto and not on the main street where you have real players doing real things, you know, in USDC. And the Genius Act was great. You know? And at least now that USDC is regulated, it's not... At least Circle's USDC is not gonna be. It can't be. You know? But, like, what about USDT? You know? What about USDCE? You
[1:40:09] _bcbread @_bcbread: know?
[1:40:09] _bcbread @_bcbread: And it's like, people have no idea these things exist, and we're putting them in charge of writing the laws surrounding the entire crypto industry when they're afraid to go into, you know, they're they're afraid to go into Brooklyn at night. Right? So, like, it's a... It... It's it's a mess. You know? But I think right now, like, what Benny did and set off this thing with Kalshi is going to have ripple effects through the entire industry because most of Kalshi is crypto degens. Right? I mean, like, yes, they advertise all over. You can't even play an iPhone game without seeing a Kalshi ad right now. It's it's insane how much they're just saturating everyone with these, like, horrible, horrible degen ads. But at the end of the day, you ask any normie, oh, are you on Polymarket or Calci? They'll go, what... What's that? What's a Polymarket or Calci? You know? Like, they have no idea what's going on. Right? And so it's all these degens just recycling capital. Pretend your
[1:41:08] Voice F: This is not get... This is not... This is only gonna get worse in in my opinion. The... On the TradFi side, you know, I was talking with another buddy of mine. He's a professional investor for twenty years. He he raises capital for funds and takes positions, right, on on different markets that he... He's he's usually shorting. But we were talking about the the... It's regulation a plus, which is, like, a tier two exception for $75,000,000 every twelve months that you can raise. And so they are just... And and, basically, it's designed so that... You know, because, like, you know, if you're if you're trying to raise funds and you don't wanna be registered as security because it's a lot of money, you're a new RIA. You're trying to, you know, get your stuff together. It's expensive to to... When you have securities that you have to, you know, disclose for and make sure that you're in compliance. It's it's a it's a, you know, a lot of fines and and lawsuit potential that could threaten the shop.
[1:42:04] Ryan @Rlad1776: So You become a fiduciary. Right?
[1:42:06] jamie Miner @Jamieminer: Yeah. Yeah. And and so, like, now now it's a $75,000,000, you know, every twelve months that you have to raise. That that... That's the threshold. So, you know, these meme coins are nothing compared to that. You know, they're not getting there. You know? So, like, this thing's... Tradify has already said, hey. I mean, what I think it is is that, you know, they're just basically saying, do what you want. And then... You know, because we we don't wanna have to monitor you and have you, register so it's more work for us to do. Do what you want. And if we pick on you and decide we don't like what you're doing, we'll just bring in. And that way, it's it's it's fair game. Like, you do it the way you think is is the right way. You know our rules. If you don't do it, then you're screwed rather than us have to police you and pay for the, you know, the employees to govern all of this. It's just impossible.
[1:42:57] Ryan @Rlad1776: And, Dave, I And
[1:42:58] Bread @_ToastMalone: I Well, and it gets even crazier when you start talking about onshore versus offshore too. Right? MICA versus US. And, like, it gets even grayer, dude. Like, it... I'm building a prediction market platform....
[1:43:11] Ryan @Rlad1776: Cayman Islands.
[1:43:12] Bread @_ToastMalone: Yeah. Yeah, dude. The amount of offshore stuff... Like, we have to build a completely different app, essentially, and a completely different platform is what legal has said for offshore users versus US users. Right? And the amount of fees and, like, money transmitting licenses and everything else that's required on US, most of these companies, even though they're US based, are just registering offshore. You know? And so, like, that... It's it's it's a it's a hole that, like... I mean, an unpopular opinion, I guess. Right? But, like, if you're trying to play by the rules, that loophole needs to get closed, bro. Like, if you are a US entity registering offshore just to skirt some of these AML KYC type, you know, money transmitting laws, like, it's it's an absolute joke. I guarantee you every single token launch platform that you see out here on CT is not registered in The US. I'd I'd bet you a $100. Every single one of them is not registered in The US.
[1:44:09] Ryan @Rlad1776: And, Dave, I certainly don't wanna shit on the the crypto industry and didn't wanna, you know, turn us into a doomerspace because there are a lot of really good projects out there, guys. And if you find them, please support them. It may mean short term losses, but there are a lot of good platforms out there. Now 24,500,000 coins or or tokens, yeah, there's a lot of garbage in there. But there are some good projects out there. I would just highly encourage everyone to, you know, do your due diligence. It is buyer beware, but support the projects that you believe in because there are going to be winners, that come out of this as we progress, in in the maturation of the digital asset economy. So I I don't know. Hopefully, that gives a little positive spin on this.
[1:45:01] Bread @_ToastMalone: Oh, right. Yeah. Grab the horse in the race that's gonna get grandfathered in, man. That's that's where it's at. It's try to find the one that'll get grandfathered in now so that when all the regulatory stuff happens, it's, they'll be cleared already. You know? And they'll be full... They'll be ahead of the race because it's not like this stuff happens overnight. You know? It's minimum three to six months just to get some of these licenses and to get approved. And the back and forth and legal fees that you have to pay just to, like, submit. You know? Hey. We wanna operate in The US, and this is what we're doing. It's like red lines all over the place back and forth. Keep rebuilding. Change the copy. You can't call it this. You can only call it that. Like, it's a it's it's a nightmare. So, like, yeah, find the horse in the race that is playing by the rules now because in a year from now, they'll be winning the race.
[1:45:53] Moni @monitalan: I think we have to wrap this up. I think our host has a meeting or a date. I don't know.
[1:46:02] _bcbread @_bcbread: Oh, a date meeting.
[1:46:03] _bcbread @_bcbread: Are you
[1:46:04] _bcbread @_bcbread: you you meeting up with Corgi, bro?
[1:46:06] Moni @monitalan: Anyway, thank you guys for coming. We'll be here tomorrow. Dave, I don't know if you can wrap up with space, but thank you guys. Appreciate you.
[1:46:16] MetaBeast @AKCMetaBeast: No no time to talk about the peso stable coin. Damn.
[1:46:22] Voice E: Tomorrow tomorrow, don't wanna talk about it.
[1:46:24] Bread @_ToastMalone: I'm just