(Wednesday) Crypto Livestream: Will we go back to Bitcoin all time highs?
Description
Latest Bitcoin, Ethereum, and Cryptocurrency news and trends. We take a look at the key events affecting the blockchain sector and review market movements. Combining both fundamental analysis and tech...
Latest Bitcoin, Ethereum, and Cryptocurrency news and trends. We take a look at the key events affecting the blockchain sector and review market movements. Combining both fundamental analysis and technical analysis to give you full coverage of the trading space. Find out the latest developments in DeFi and yield farming. 00:00 Introduction 04:40 Market Recap 21:20 Bitcoin Rainbow Chart 24:00 Altcoin Chart 26:32 Bitcoin Fund for Southeast Asia? 29:25 Furucombo $15M exploit victims to receive iouCOMBO tokens? 32:41 Coinbase hits $100B evaluation 34:43 What makes me #HAPI? 39:09 ChainGuadians Launch 42:39 Duckstarter Innovations: PolkaFoundry / keyTango /Lepricon / ethbox 44:32 Paid Network ($PAID): How did it happen? 51:44 Bitcoin orders hit all-time highs 59:54 LABS Group can get crazy? 1:03:43 Thoughts on SuperFarm ($SUPER)? 1:08: 25 How does Vite ($VITE) work? https://podcasts.apple.com/podcast/boxcast/id1490037766?l=en Spotify: https://open.spotify.com/show/5iHcN9jfQwpKTbT37tS0zQ ●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬● 📖 Tutorials and insights: https://boxmining.com/ Recommendation List: https://www.cryptoatlas.io/Boxmining 🌼Buy & Sell Bitcoin: https://join.swissborg.com/r/michaeOQZM 🔒Hardware Wallet: http://boxmining.co/ledger 👍🏻Brave Browser: http://boxmining.co/brave 📲Bybit Exchange (Most powerful): https://partner.bybit.com/b/boxyt ●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬● Boxmining clips: https://www.youtube.com/channel/UCjFy3VBgOZanySOLhQu6GaQ Boxmining News Website: https://www.boxmining.com/ Telegram Announcements: https://t.me/boxminingChannel ●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬● Twitter: https://twitter.com/boxmining Discord: https://discord.gg/bHs3sXwe Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
AI Analysis
This livestream dives into the rapidly heating-up cryptocurrency market, particularly focusing on the burgeoning altcoin season. The market feels fantastic, with Bitcoin and Ethereum showing strong support and steady growth, which is allowing altcoins to really shine.
Here's a breakdown of the key topics and insights:
* Overall Market Health & Altcoin Season:
* The crypto market is currently "fantastic" and "heating up," with strong rallies across Bitcoin and Ethereum.
* Bitcoin recently bounced strongly off the $45,000 support level and is holding around $54,000, indicating a very healthy market.
* Ethereum is also performing well, reaching $1,800 with solid support at $1,300.
* When Bitcoin and Ethereum are steady, it signals the start of "altcoin season" where smaller cryptocurrencies see significant gains.
* Many altcoins are performing incredibly strong, like Polygon (MATIC) which is up 35% after its rebranding, and Avalanche (AVAX) showing significant dominance.
* Enjin (ENJ), a project followed since 2017, has performed exceptionally, seeing a 5x increase from its previous mention as a "medium bag."
* Shifting Investment Strategies & Market Psychology:
There's a notable shift in how larger crypto funds operate: they are increasingly taking positions in already launched* projects, not just early-stage seed rounds. This is a big positive for the existing altcoin ecosystem.
* The market optimism is bleeding in from traditional markets, influenced by economic recovery hopes and massive US dollar printing over the past year and a half. This influx of printed money has been a major driver for crypto rallies.
* It's expected that companies that survived the pandemic will emerge stronger, like Tesla, which has been making significant crypto investments. This trend is being followed by major Chinese tech companies like Meitu.
* Looking at the Bitcoin Rainbow Chart, which tracks Bitcoin's historical movement, if patterns repeat, Bitcoin could reach $140,000-$160,000 in this bull market. The presenter humorously notes he started mining Bitcoin in 2012 at $10 but "sold early like an idiot."
* The Altcoin Season Chart confirms we're in a period where altcoins are outpacing Bitcoin's gains.
* Bitcoin whales (large holders) bought the recent dips aggressively, with orders for 100+ BTC hitting all-time highs. This suggests that the fear generated by supposed miner sell-offs (like the F2Pool narrative) was likely intentional to allow big players to accumulate at lower prices. Miners typically sell directly to funds like Grayscale at a premium, not exchanges.
* The presenter employs a dollar-cost averaging (DCA) strategy for long-term "hodl" positions (Bitcoin, Ethereum, VeChain), buying in during bear markets and starting to DCA out during the current "orange" phase of the bull market, though not aggressively yet.
* VeChain (VET) has been a strong performer recently, rewarding those who "held strong" through the bear market, now at $0.06 (equivalent to $6 before its 1:100 split).
* For volatile altcoins, he switches to an "ape brain" mode, jumping into new projects due to the high innovation and potential for aggressive returns in the current "ape market." He emphasizes focusing on the "bigger picture" and overall trends to avoid stress from minor price fluctuations.
* Key Project News & Developments:
* Southeast Asia's First Bitcoin Fund: The BCMG Genesis Bitcoin Fund One is launching, allowing institutional and traditional investors in Southeast Asia to easily gain exposure to Bitcoin. This is crucial for a region that "needs" crypto for remittances and economic growth, potentially making it the "next Korea" in terms of adoption.
* Furucombo & Meerkat Finance Compensation: Furucombo is issuing iouCOMBO tokens to victims of its $15 million exploit, where hackers stole funds from users' wallets. This highlights the experimental nature of DeFi and the crypto community's efforts to compensate users after hacks. Similarly, Meerkat Finance victims reportedly received around 95% of their stolen funds back after the developers were caught.
* Coinbase IPO: Coinbase is going public with an estimated $100 billion valuation. This is a huge legitimizing event for crypto, as Coinbase has taken a regulatory-compliant approach, making it easy for new users to enter the space. Its success will generate significant hype and encourage interest in other crypto services.
* HAPI: This is an on-chain cybersecurity protocol using trustless oracles to prevent hacker attacks and track illicit funds. It's like Chainlink but for hack data, crucial for law enforcement and preventing money laundering on decentralized exchanges. The presenter is an investor and praises its close relation, Hacken, for building diligently through the bear market and now securing partnerships with major exchanges like FTX.
* ChainGuardians: An NFT gaming project launching its IDO (Initial DEX Offering) on Polkastarter. It's creating a game where unique NFT characters can be used, gamifying the crypto experience and building a compelling story around digital assets.
* DuckStarter & Launchpads: The presenter highlights a "mania for launchpads," seeing new opportunities like PolkaFoundry, KeyTango, Lepricon, and Ethbox. He encourages doing thorough research and noting that whitelisting is often required to participate in these early-stage offerings.
* Refinable (briefly mentioned): An NFT project that the presenter is working closely with, with more details to come soon.
* PAID Network Incident: The presenter discusses the sudden drop in PAID token value due to a massive creation and dump of tokens, likely an "inside job" due to breached private keys. While expressing sympathy for those who lost money, he advocates for more positive discourse in crypto, criticizing the tendency to "throw shade" or label projects as scams without full context. He reflects on his own journey, almost becoming a "Bitcoin maximalist" in 2017 due to widespread scams, but ultimately choosing to focus on genuine innovation.
* LABS Group: A real estate tokenization project aiming to fractionalize property ownership, making it accessible to more people. The presenter was initially skeptical due to legal complexities but notes their strong security approach. He sees potential for it to be a "crazy play," especially with current opportunities like tokenizing Phuket resorts that are "bleeding" due to lack of tourism, creating a unique investment opportunity for post-COVID recovery.
* SuperFarm ($SUPER): The presenter believes SuperFarm will do "super well," dismissing "scam" accusations as noise from "salty investors" who missed out on allocations. He praises EllioTrades, the founder, as a genuinely nice guy.
* Vite ($VITE): A low-cap coin that has recently exploded. The presenter has been a long-time holder due to its novel concept of "free transactions." Instead of paying gas fees, users can opt for a small Proof of Work calculation (taking seconds) to prevent spam, or stake VITE for higher quotas and instant transactions. He finds this approach innovative and highly valuable for adoption.
Transcript
started let's go on live let us get started and we just click the live stream button welcome back guys to another episode of box money live stream where we cover everything about cryptocurrencies those bitcoins those eath well right now the market is just fantastic these two days this week has been heating up quite a lot so we're going to take a look at what's happening on the markets the cryptocurrency market caps we're going to take a look today and focus on a lot of these alts we have altcoi...
started let's go on live let us get started and we just click the live stream button welcome back guys to another episode of box money live stream where we cover everything about cryptocurrencies those bitcoins those eath well right now the market is just fantastic these two days this week has been heating up quite a lot so we're going to take a look at what's happening on the markets the cryptocurrency market caps we're going to take a look today and focus on a lot of these alts we have altcoin season coming up very soon if you just look at this chart you know altcoins are heating up and we're not going to miss out so this is the wednesday live stream so wednesday live stream we're much more geared towards these alts it's a box money innovation zone where we're talking about everything that is happening around here so guys today obviously as a disclaimer ahead a lot of the stuff that's being innovated on that in the altcoin space especially these ecosystems here they're highly interesting but also highly risky because a lot of these ideas are not tested yet so understand of course that you know these are not securities these do not do ownership of a company there are community a lot of these are times are the community or governance tokens but anyways i think that's a big disclaimer going forward that these things can potentially go to zero and that's the thing of the altcoin space right that's a that's a risk here there's heavy heavy amounts of risk i mean obviously we definitely see some of the rewards coming out but that's not guaranteed so just make sure you guys understand what we're talking about a lot of this is my own personal journey through all this you know this whole entire year i've been very very thankful of everything that's going on i think i've been reading some reddit comments you know uh you know this guy this guy um just just to just to bring out one of the comments that's like most uh changes uh this um one of the most uh upvoted tweets right now uh not tweets most of reddit posts right now it's like crypto has utterly changed my life today i hit 800k 8000 u.s federal reserve notes although that's kind of trashy but i mean he's talking about value right uh all it took was buying through a bear market and living on absolutely nothing for three years that is actually brutal i can i can i can relate to that um living on absolutely nothing is it's not easy to do but you know three years almost a million when i just million air when i discovered crypto i felt compelled to invest every penny i made in it it was calling me i felt like i've unlocked the cheat code to life and at the end of this year my life will never be the same i'll never look back i don't even know what to do right now but i know the future i will continue to huddle this uh here's to a prosperous bull market i love you all so this is a comment that's like you know this guy's life has changed by crypto right obviously like this guy has an intense amount of determination there's something i've also done buying through that bear market if you guys remember 2018 2019 2020 brutal time kept making that content right he kept making content also try to live on a little bit cheaper just save up a little bit you know not spending excessively obviously it's like everyone has it's important it's important to manage everything and obviously you know this guy's i'm just happy for this guy right this guy's almost making a million dollars but obviously you know the first thing that came to my mind when i saw this was like okay now it's time to talk to a financial manager try to plan out finances etc but you know that's that's for everyone's you know bone taste you know this channel is not about financial advice i do say if you guys want and need to talk to financial consultants or planners like professional ones not me i'm not a professional consultant but talk to professionals find a professional talk and at least hear what they have to say and that's the power of this right uh but anyways uh that's i mean i'm digressing too far guys uh we're going to talk about everything crypto today so make sure you stay tuned we're going to get and launch started we'll have to give some shout outs to this morning as well we've got mike henley here welcome welcome the man the myth the legend box mining we also got zindagi photo he says good morning from cm reap in cambodia man that's that's such a cool place i just want to give a shout out to zindagi there i was actually there like i think like 10 years ago it's just such a beautiful place and then we got doggy net says morning from portland maine with such a global audience welcome welcome guys say a shout out get say hi get a shout out and let's get started all righty now now okay today the markets have been kind of stabilizing so yesterday was kind of crazy if you think about it we're at 54 000 for the price of bitcoin so it's been rallying quite a lot throughout the week i mean if you guys remember the monday episode we're barely at fifty thousand dollars i mean it's it's a pretty big difference pretty big number change right and same thing with ethereum so ethereum is up to 1800 so these are actually really good strong numbers coming through and this is something that i i always look at the main currencies to kind of see because they kind of dictate the pace of the market right so if you kind of let's go starting from bitcoin starting off of bitcoin you can see definitely that the bounce is here we bounce off 45 000 and that was a bit point where people were freaking out if you guys just remember this dip i mean it feels like a long time ago right it feels like like a long time ago when bitcoin dipped below 43 000 people were freaking out right they're like oh next tomorrow we'll see bitcoin at 20k oh my god there was a lot of freak out panic at that stage but what happened was that the support was strong and you can definitely see that you definitely see these two bounces coming off that support and then off we go yet again to 54 000 so why i drew these two lines here is that this kind of marks the resistance to kind of bitcoin going up this will be the major all-time high right once we hit this this will be the all-time high of bitcoin and then it's off again right it's off it's off to see the races off to the races so here we're gonna we see some mini resistance here so right now 54 000 we're seeing a little bit of a pullback and now we're in the middle of this channel here but something that was definitely very good that we saw in early march is definitely that support that was coming in so the support that came in at around 46 000 right we definitely see a few kind of bounces off that mark where major kind of like every time we hit that number right we definitely see a lot of people say oh yeah i'm buying bitcoin i'm buying bitcoin and then there we are uh going there so definitely i see this market being very very healthy and also of course because bitcoin hasn't made any huge moves right because we're not breaking that resistance yet this is where the altcoin season is also coming in right so every time the bitcoin every time bitcoin is kind of staying steady the altcoins come out to play right when a big cat's sleeping right kind of sleeping it's not completely seen but let's just take a little nap the this the cats um the mice come out to play so same thing goes with ethereum um ethereum is not really a mouse at this point obviously but yeah ethereum's kind of market is always also very much echoing the same story we definitely see that solid support coming at 33 uh 1300 and then we're moving up yet again but we haven't really touched this line we're not approaching this resistance yet so yet again this is when the altcoins are coming out this is why you definitely see you know past 24 hours like polygon it's up like 35 so matic there's a polygon matic you guys know they've been through this rebranding and now they're pushing for 30 cents so matic is something that i've recently well yeah i i told you guys like for like two weeks ago i actually spoke to sandeep right of matic and a polygon talked about why they do did that transition and he's one of those very very impressive people who really know the tech like he knows the tech and he can really push and sell his project he's like uh two in one this is very very rare in crypto so it was a situation where i i knew this guy he was he was like it was kind of funny right matic i was a situation where i was kind of testing what he knows and he was also testing what me what i knew right it was a situation where we're both talking about scaling and i'm talking about oh you know what do you know about zk rollups and what is matic doing there and what why why do you go into doing polygon and he was testing me what i knew so then like it was it's a very very interesting situation where we both kind of just kind of walked around each other and then we realized okay yeah he knows his stuff he knows his stuff so that was kind of funny there uh we got avalanche also moving up as well avalanche is kind of becoming very dominant now these days it's um it's actually quite easy to switch so it's like the things that i'm looking on the horizon right solid tech for avalanche and also of course they have the chain the uh the chain rcp chain for ethereum so if you can not be there for metamask rather so yeah lots of these all coins you can definitely see them very very performing very strong you can definitely see these upticks all of a sudden people are freaking about these all coins all queen seasons coming people don't want to be left behind right binance coin all the way shooting back pushing to around 300 again you can definitely see that asymmetrical nature of this here where there's a lot of growth and on the other side there is only a few minor pullbacks and even though some for some of the pullbacks here i saw some comments earlier about engine and everything that's happening there i mean engine had an insane run what are you guys talking about man engine was something that just blew up it just shot up to the sky so obviously having a little bit of a pullback like this is like quite normal to be honest but i don't know i don't know why people are freaking out like yet again it's i guess like i'm biased in the sense that um engine was featured as one of my medium bags and that at that point it was around 30 something cents it's like a dollar of 60 right now i mean talk about performance right it's 5x from when i talked about it last time i definitely declared out it's one of my medium bags and engine was something that is not not was it's it is something that i've been following for a long time it's been oh my god since 2017 it's one of those og box mining things if you guys realize um i've been to almost every single engine like major event it's one of those things that i was like i want this to succeed and finally they're getting some love so that's great that is great so anyways that's kind of crazy now um there's some rumors and rumor mills and also talking about the altcoin side so something i do want to say is that recently um especially on the altcoin side we definitely see it heating up and one of the reasons um definitely is because a lot of the funds right a lot of the bigger funds that hold cryptocurrencies they need to have a position right the market's moving up and i don't want to be left in the dust so recently i've been seeing a lot more funds not just talking about newer projects right because a lot of times you see crypto funds and they tend to invest in early stage projects pre-seed or strategic rounds and or seed one and they typically get deals other people don't right so this is the kind of like the crazy part about the cryptocurrency insiders the people the funds that know what's going on they get on these projects early but right now because of the how the market's moving out i definitely see a lot more of these funds getting into positions that already launched right this is a very big shift in mentality as well not only are they doing seed but they're also taking a look at current active projects and taking up larger positions and i think this is becoming a trend one of the reasons why is because a lot of these new projects these new raises are small right so you have these one to two million raises this is very different from say 2017 where a lot of projects were raising like say five 50 million dollars nowadays like the raises are much more reasonable at around one to two million dollars for a lot of these newer projects there's definitely a lot of launchpad fever as well but you can definitely see like the shift in mentality coming right now where you definitely see these funds that have been around for a long time they're starting to really push projects that they might not have invested into and that's actually really great for the all coin space as well because you don't focus on just creating new coins but you also focus on points are currently developing and making some good progress there i think that's kind of very very powerful we got lisa marie says yes engine is box baby if you guys have been watching this channel you know you know what i'm talking about and i've got llama6666666's lol i'm imagining michael and sandeep doing a tangle and that's kind of a lot of what interviews and talks are like right a lot of times a lot of times it's not just about asking questions to people i've you guys probably seen i've done a lot of interviews on this channel and it's never about just asking those questions but it's also about like kind of it's about seeing how they respond and it's always about like you can do it the aggressive way like sometimes i've done it very aggressive where you kind of throw a very solid hard question or even an accusation and then see how they respond it wasn't it's never about like directly how they answer question it's about seeing if they get flustered right you know the worst ones would be like accusations of scam you know recently you've been accused of scamming this and whatever and then they'll be whoa what the hell like are you accusing me of something and then see how they can manage to respond and turn that around that is always how interviews should work or you can do some less aggressive ones you can definitely see like when i interview people i always have these like small less aggressive questions because obviously you don't want to you don't want to be a douche on your channel too right but anyways um that's kind of what i have and i hope you guys can stay tuned i'm doing more interviews coming up soon um yeah there's just so much happening i definitely want to keep you guys updated with what's out there and to see some of that action and again get a read kind of read between the lines i find that super fun and super interesting so anyways uh that's there so um yeah definitely a lot of movement today i definitely want to say swissborg is also moving up quite aggressively as well it's one of those things like um it's kind of funny every time i talk about swissborg right so swissborg they're they're almost like an entry point for crypto right they're like the coinbase of europe if you guys want to think about it if you're a european you can very very easily get a swissborg account and they can enter and exit crypto you can buy and sell crypto with zero fees especially if you're a premium member so yeah um this is something that i took a position in it's one of also one of my medium bags it's shooting up to a dollar 44 it's one of those things i saw today i'm like wow holy crap this is this is like literally 10x since i entered it's it's crazy so i want to give them a shout out for doing the good work as well because the thing is it's not just about you know a lot of people misinterpret what i do here you know it's not about a lot of people are box talk about this expecting i'll show something like that it's not about showing something it's about finding something especially if you're in an investor mentality um from my perspective from my perspective i'm taking up these positions i'm joining these communities because you need to do something and swissborg is right if you guys are in europe and even hong kong right now you can buy and sell crypto enter exit super super easy the kyc process is super simple and if you're basically a premium member you get a trade for free but anyways that was a shout out for swissborg so if you are interested i feel the links down below that's my disclosure but obviously you guys know i hold a lot of that coin so anyways and obviously i think i think it's like every i joke but every time i post something about swiss a swissborg there's someone always some comment that says ah swissborg's rising i can't imagine that martinis guy's smug face when when when this happens and um you know that's kind of funny anyways okay so that's what's happening today we're going to take a look at what is happening on the cryptocurrency news side as well i do want to say you know a lot of this market is affected by the mentality or at least the atmosphere of the current stock market so if you guys been seeing and watching what's happening on the stock markets recently well there's been a lot of confusion um it's a bit a lot of confusion and you know tesla's going up again the market's kind of undecided aware everything's going um that's kind of been the case right and i can definitely see that going so tesla is up like what one day it's been up like what 20 huge huge increase right but okay so so talking about traditional markets and crypto markets i think that's interesting but you definitely see the optimism bleeding back in i think the past few weeks the markets were very undecided on where things can go next uh it's kind of a mixture because the economy is hopefully recovering right we have the stimulus check in the us being kicked through we have china also recovering as well the vaccine is being rolled out and people don't know how that's going to affect the economy right and it's kind of like not just economy but also the stock market because one of the reasons why the stock markets and also people are relating this to crypto as well one of the reasons why crypto had a major rally is because of how much money you us dollars were printed in the past two years right ever since corona one and a half years rather but ever since coronavirus came there's been a massive influx of new u.s dollars being printed into the form of stimulus checks well that well that's probably going to end the soon let's be honest about that that's like with the the virus hopefully all right all right fingers crossed i'm not going to jinx it i'm not going to jinx it but with that coming to an end the stimulus will also be coming to an end as well and now it's always talking about recovery and where that's going to go but something that's kind of interesting to remember here is that the once recovery comes and it's going to come slowly there's going to be a sharp increase in businesses that survived right this is the key so businesses that survived this whole pandemic they're going to come stronger because the competitors are wiped out i think that's what a lot of people aren't remembering too i mean recently in hong kong right so recently in hong kong we had the closure of one of the longest running cinema chains in hong kong right so ua cinemas um they have out of notice and they basically said to all creditors clients and other stakeholders the company is winding up unfortunately they're liquidating right so this is this ua cinemas is pretty huge they they have like multiple locations and like eight different malls in hong kong very very big cinema brand they've been around since what like literally since um did i did i say here um no they don't say on this thing but ua ua has been yes it's been devastating they've been running for like what literally since 1985 right so they've operated since 1985 so yeah so there are still companies that are getting wiped out but uh what i see here is that because of this other cinema chains are going to prosper once the hong kong really opens up so i think it's a situation where we're we're going to see a very strong recovery i guess um jason woos is on smiley face it's unfortunate um yeah obviously like i think a lot of people were kind of like you know in hong kong especially if you're in hong kong you're like that's a cinema chain i go to you know it's sad to see these local businesses go right so um i think that recovery is going to come um and the companies that survive that recovery are going to be like booming right i mean tesla i'm definitely excited for like you know you guys know i'm a tesla shareholder um and you definitely see that that's the way they're going right they're going they're thinking of the future enough that you know elon's been super crazy into crypto recently as well you know tesla themselves they bought 1.6 billion dollars of crypto we talked about this year as well where um a lot of companies like we said said uh made to show show like one of the biggest um one of the big tech giants in china is the one that you take like chinese people love they take photos and then it just automatically photoshops our face and makes them look super hot well that app they've also follows elon musk's suit and start buying bitcoin and it's our investing and putting purple the portfolio in cryptocurrency so we see that trend coming i definitely see more and more of that over time and then we see that recovery coming as well and which is why i'm super super optimistic about bitcoin at this current point and even if you look at some of the charts so we we know that charts like bitcoin and ethereum they're both kind of locked in this uh channel right now but the the the the thing here is that once we break out that's going to be something impressive so something i've been showing quite a bit on this channel has also been the bitcoin rainbow chart so let me just um show that to you guys very quickly right here where if you look at the rainbow chart this is kind of how bitcoin has been flowing over time right so it kind of marks the movement of bitcoin over time all the way from 2012 over here this is actually when i started so when i started at bitcoin it was literally 2012 towards the mid of 2012 at around 10 dollars this is when i started mining bitcoin right um obviously i i sold early like an idiot so at around this point i saw like an idiot this is my mistake right this is like i'm very capable of sharing that on my channel because this channel is built around this community sharing right but yeah back in the day you know this starts off exactly at pretty much where i started off with bitcoin right that this is when i started mining right 2012 mid late 2012 and then when i saw it go to 15 dollars it got the 50 increase in value right i was like oh my god bitcoin just pumped 30 50 percent right not 30 50 percent uh um you know peter peter shifts says it's gonna go to zero so yeah let's just sell it cash out yeah cash out feeling feeling good by myself yeah i got a few dollars yo um but yeah so this this chart has followed that and what happens is that you can see all right so it uses the rainbow colors you can see the blue here that's kind of on the lower part so like this is when i was a total idiot i sold in blue and then of course it kind of pushes all the way up you can also notice that it's also a logarithmic chart it was like um so every time it increases one of these blocks is around 10x increase so you can see that the two cycles here right so i'm kind of missed out completely on the cycle all right um i i was in this cycle so i was definitely there um bitcoin went up it went down i went through all the emotional roller coaster ride of what that was and now we're coming to here right this is also yet again so this is where the optimism comes in where you can see like if bitcoin and goes on this trajectory if we're entering that bull market and if this chart um if this pattern repeats itself right not financial advice of course but if this pattern repeats itself we can definitely see 140k 160k for bitcoin and then that's going to be quite crazy but it also of course enters the maximum bubble territory right this is when you know this is when things can go crazy and we definitely see that heating up of bitcoin everyone's talking a lot more bitcoin we see a lot more people on this channel too so guys remember this is an extra live stream so make sure you guys smash up the likes as well if you know i need to show my channel a bit but it does really help this channel and this is where um this is something that we definitely see on the bitcoin side and now of course the all the other chart on this that i found quite interesting is also the um the altcoin chart right so um this is where we are at now so every time it goes up to the red it means it's altcoin season i'm going below here is bitcoin season where bitcoin has its massive rallies because bitcoin and ethereum haven't been moving up too much i mean they're being progressively moving up but the same um the altcoins have been moving up much more aggressive so we can definitely see more and more of that shift towards all coins at this current point so that's kind of the excitement here so yeah that's pretty much the overall market and overall tone um of the market we definitely see a lot of that energy coming through we definitely see that chatter about bitcoin and this is what makes me excited i think like following bitcoin for such a long time i've never seen you know this amount of interest in bitcoin i think in 2017 you know i tell these stories like i'm like some some old fart you know in this world but it is true like i've been here um 2017 i think anyone would have just died if elon tweeted about it you know this year not only is elon tweeting about bitcoin and dogecoin but he's also buying 1.5 billion dollars worth of that with tesla's money right i think that's such a big change that's a bit such a big change in mentality and you can definitely see the the the changes in that right you can see that it's an increase right i guess i can do that that makes sense so it's an increase in like you can see that the interest in bitcoin is going up every single year and it's one of those things that just never died and you can't just look at people like peter schiff who predict predicted bitcoin is just going to die in 2012 right eight nine years down the road where is bitcoin now right so i think this is where you know just witness 101 says this guy just rambles but anyways let's that's but yeah definitely i'm not going to ramble here but i definitely see the optimism on the long range of things and i think um but that's that's that that's how the market is just reading comments is hilarious uh it's cracking me up but i definitely feel that's the kind of energy going on here but anyways okay so let's talk about altcoins i think people are dying to talk about altcoins um but that's why would i commit to memory what some youtube guy thinks about zk oh my god oh my god reading comments is quite hilarious all right so let's take a quick look at what's happening also on the current news side and news front as well this will be a very altcoin focused news section but first and foremost we have to say we got okay we got southeast asia's first bitcoin fund launches to meet local institutional demand right so this is the gen um b bcmg genesis bitcoin fund one so this is something that we've been talking a lot about for some time where southeast asia definitely has that huge amount of interest into bitcoin so the way that these funds work is that they can take in people's money for people who don't really know much about crypto they can help manage and over the years i've seen a lot of these funds and they really do help people at least have an entry point into crypto and uh you know i i think i think that's actually a good thing like honestly for me as a long time hodler as a long time holder i would say you know for me i want to hold my own bitcoin and crypto right like uh you get these ledgers or treasures you know hardware wallets and it makes sense to hold it yourself because that is the only way to have full custody and control over it but funds are important for allowing people who don't have any understanding of crypto to be able to enter into the space and we've been seeing bigger and bigger funds right we have like genesis block ventures that's um in hong kong this is one that i'm part of then we have of course hash you know hash is south korea then we have like these crazy ones like uh the ones in the uk every every country has a fund and the way i see it here is that it's important for southeast asia to come on board because southeast asia is a place that actually needs crypto all right so if you look at thailand if you look at say cambodia they need a way to move especially because how fractured southeast asia is the remittance game is crazy also the explosive growth in their economies is crazy as well and a lot of stuff that can be solved in using blockchain can directly apply to them so whether it's moving funds between countries and we've been talking to projects in the past that do remittance between southeast asian countries but also more importantly as well as about the infrastructure so it's i think that's kind of the move here where like if more and more this is this is not just going to be the first one right so if more and more of these funds come in that's one of the reasons why it's going to move up a lot of people have been saying that southeast asia will become the next korea if you remember korea in 2017 that was where what where the bull energy came from right so many people in south korea just diving straight into crypto and this is the same thing that could echo with southeast asia as well that's um that's one of the markets that actually need it and can understand this we also all right let's see what else we have we also have four rule combo so all right this is something that you've probably been following in the d5 space for quite a bit and for a combo hack was one of those hacks that people did not expect and what happened was that this module that was exposed in for combo allowed hackers to essentially steal funds directly from people from users wallets all right this is what happens if users if you approve a contract to spend your crypto if that contract gets breached or if that module gets breached they can just directly take your coins so during that exploit uh it was pretty devastating but what's happening is that four combo is now um issuing out the iou combo tokens to repay victims of the 15 million dollar exploit so that's where it's going right now obviously it's not going to directly solve it it's an iou token it's not going to be um it's it's not full currency but i feel like this is kind of how cryptocurrency space kind of compensates for that we've seen multiple hacks in the past and to alleviate these problems we see a lot of projects offering these iou tokens and eventually they they become valuable so i kind of kind of see this as a it's it's a repair it's a it's a it's a resuscitation on what was happening in d5 i think a lot of people had like broken you know they they lost a lot of faith i don't think faith is a good word here because you know crypto is very experimental right and i think projects doing this definitely makes it easier for people who uh potentially can lose a lot of money in here the same thing happened um pretty much with meerkat uh meerkat finance was uh uh it was an absolute scam this this wasn't a hack right this was an absolute scam but from what i understand like um with meerkat was that uh let's see meerkat devs um um i was following up on this um it actually doesn't have that much too good news coverage but 31 million dollars was stolen meerkat was just an outright theft right but obviously the developers were caught um the thieves were caught and they issued out what was a refund right you know then they said oh of course it was a test all along no it wasn't right uh but from my understanding um and my research is that people who were in groups that were um scammed by meerkat they also got roughly around 95 percent of the money back not 100 it seems like the developer who robbed everyone he managed to spend around probably five percent of the funds and then he probably got caught um and then uh he had to refund everything before he goes to jail right but it's very likely that was what happened and people were refunded around the um the word on the street is around 95 on everything there so you know at least that gives us a little bit of a breather back in d5 um space now we also have um let's see what else is this um um all right um coinbase um ipo evaluation is a hundred billion dollars oh that's insane huh that is insane um so right now coinbase is going officially public this year um they're going through their evaluation right now they're being auctioned so right now their valuation is going to be a hundred billion dollars i mean that's kind of crazy right i think for people who follow the space coinbase went the legitimate route right they want to be as regulatory compliant as possible they want to onboard as many people as possible this is good and bad obviously because this makes it very easy for people to get involved coinbase but at the same time people have also been complaining that coinbase being so transparent um it's extremely hard to file taxes if you trade on coinbase but regardless of what's happening train coinbase generated this massive revenue and because of just how much crypto took off and how much interest there is it's getting a 100 billion dollar valuation so just imagine if you're like with the early investors in coinbase i mean um making your way to the like making bank doesn't even begin to describe it so i think that's that's to say the least this year of course i'm eyeing very heavily on coinbase um ipo because it will also generate a lot of hype for crypto right that's the side effect coinbase needs to generate that hype in wall street it needs to generate with the new york investors with all these people that want they want people to buy this as much as possible and they must hype up crypto too so this is kind of a knock on effect it has a knock on effect both in kind of legitimizing crypto as well especially if a crypto exchange launches that 100 billion dollar evaluation people are going to wonder okay what's the next coinbase right and this is where you know people are talking and this is probably why swissborg is also going up so crazy as well because people are looking at these next services that are generating these massive revenues on that point now we also have some all quite news so we have happy happy is launching so i'm um i'm actually really happy for these guys literally so this is a project that i've been eyeing i've also been in and they're launching on both down maker and a few other platforms so this is their strong holder offering that's happening right now now happy it looks a little bit weird and people you know when they first look at this they're like oh it's an unchanged cyber security protocol with trustless orators preventing hacker attacks what does this mean why is it important right we've heard about chain link right i think everyone at this point you've heard about chain link and why price data is important this is taking that to the next level not just price data but also data about hacks and recent breaches why is that important is because this is a great way for law enforcement to stop illicit funds funds this is becoming super important because we've seen these hacks left right and center right the four-wheel combo hack or the meerkat hack or some hack that just completely delegitimizes the space right even alpha homora versus um that the hack that would bled the iron bank right like we talked about and explored that on this channel and having data of hacks right becomes something quite important because if something like uniswap can enter uh integrate happy they can stop illegal funds from moving and this becomes very very important because this is not only key this is not only good for the community but this is something that will become vital for law enforcement in the future because no one wants illegal funds to be laundered on their program or their system so this is something that's very key right now i feel the thing like this is something that a lot of people don't realize is absolutely important because in the future at the end of the day you can't let crypto become a place for money laundering that's absolutely true like you cannot let this place be a lawless place and like you allow hackers and money launderers and all these guys that have illicit funds to be trading and funneling money through these exchanges that doesn't make any sense especially these center exchanges are decentralized so having a decentralized oracle to provide that data is absolutely vital so i'm really happy about this i mean obviously like full disclosure ahead i'm an investor also if you guys follow me they're a part um they're very closely related to hackin and hackin is like getting finally getting some love right a lot of people don't realize this but you know it's one of those hackin is one of those um projects i visited very early on especially during 2018 it was during the bear market and they kept growing and growing and growing right even though like they were facing the market was not doing super well but being able to build throughout the entire bear market right this is where i give dima a little bit of respect so dima is the ceo of hackin i give him a little bit of respect for that because he managed to stay strong he managed to provide value and also kind of expand his business a bit beyond just pure crypto into more about cyber security they took on these major clients that i think um yet again i'm not sure if i can fully disclose them but um they took on some major clients during that time to provide into security and now you see them at a point where they're they're at top of the game recently i saw hackin they're working on a um cooperation with ftx exchange they're doing that penetration testing pretty much it's kind of funny right so during the bear market people are like oh why why did you do this why are you buying hackin like why why are you investing in this right and then uh now during this market people are like okay we need connections to hackin right now we need that audit we need them to to pen test us boxy boxy boxy boxy boxy make us make a connection make a connection so that this is where i get my smug face apologies for that but um it is something that i definitely say you know hackin really deserves it for because they really did build during that entire bear market right they deserve that success that they're having at this current point i mean strong that's the way to go so yeah so that's happy they're launching on dow maker um and yeah that's gonna start on the eighth um all right we also have the next one that i'm paying attention to is chain guardians so chain guardians they're launching pretty much now so they have their idl uh they're offering coming up on polka starter so this is a project that i am advising so it's one of those gaming projects that really do wait they finished right they're finished access is private feature pools so they're launching a polka starter and it's gonna start in around six hours but you need to be whitelisted so yeah congrats if you're whitelisted if you're not unfortunately we'll have to see how like unfortunately you need to be whitelisted to join this pool but it's gonna start in around uh so let's see so that's 12 hours from now so in 12 hours for now chain guardians so chain guardians is an nft platform but they just they're beyond an nft platform right i think i just saw a comment from bib break saying entities are long for laundering your monies not really to be honest i definitely see that there were some watch trading going on but not all nft projects did that and what i think chain guardians is doing that's quite special is they're making up this game that you can use your nfts on and i definitely i checked the game it was one of the first things i did when i when i saw that so they have a fun game coming out but more than that it's about how they're going to work and build a story around crypto i think there's something that crypto people really love it's like they can if you they have this nft mining game where you can if you're participating in chain you can get nfts and then you can get these heroes like these superheroes that represent your your chain right so it's kind of gamifying the whole cryptocurrency experience it's like giving that story for it so you can have these characters and now these characters aren't just pieces of art but also something that can use in a video game as well so that's launching coming up soon um see what else is coming up soon title is coming up soon people are talking about that uh title fine time uh cross-chain insurance marketplace oh man like it's kind of funny right um just talking about this whole um space and giving that perspective there's just so much that's being developed i think i'm pretty amazed you know i've been pretty honest about all the insurance stuff i think insurance is the next big kind of area for d5 to expand right if you look at where d5 is now right decentralized finance they built the kind of the money infrastructure financial infrastructure so you have the urine vaults they can deploy money and strategies and deploy that to new projects they can also have the iron bank that infrastructure that deploys capital to different projects like kind of like being at a central bank there now the next big area to tackle is insurance right and this is something that you know it's growing it's something that's quite hard to do because of the legal infrastructure around that too but we see nexus mutual is becoming some a key component especially with these farms and hacks people actually need insurance it's like it's it's actually necessary and at the same time you know capital coming up um and all of everything going here i think that's quite that's quite the development to say the very least at this point now let's see what else is coming up on everything i definitely have a lot of things that's coming up um let me see a duck starter coming up so duck starter has poker foundry and keytangle so it's a situation where we definitely see a lot of that ic it's almost like a return of ico mania but this time it's not icomania it's more about mania for launch pads so yes um i'm in both keytangle and um i'm actually i'm in poker foundry keytangle and leprechaun um i'm also talking to eve box so i'm actually talking quite closely to them you'll hear some more about them but i'm getting kind of the the way the strategy that i'm working on now is i'm keeping my ears very close to the ground because all the innovation is happening in this space so definitely take a look not financial advice of course but always do your research on everything coming out here but shout outs to poker foundry and keytangle both of which you need to whitelist so just remember if you are interested you must whitelist if you don't whitelist you don't get to you don't get in that's the sad part right um then you can cry in a corner like right now chain guardians um people can go for it but you can you must have a whitelist at this current point so just pay attention to what's happening on the same time all right um we got abdul um say it's refinable can you talk tell us more about it mike so i've been working really really a lot on refinable trying to get the nft vision right so i've been talking a lot to the founders of i'm talking to nick there a lot about what's happening to make sure it's right um it's a situation where i'll talk about it more when everything is more ready and um yeah um that's gonna be coming up soon so not right now but coming up very soon uh um witness one two ones is pay equals lol so paid i don't know like paid was one something that a lot of youtubers really like um i unfortunately fortunately and unfortunately did not get into it paid so it was the one that got um that i really felt like was an inside job someone from the inside manager create and migrate the contract but anyways i need to be very i haven't followed up to be honest so i posted the news article on paid um and we did a mini analysis like realistically what happened like this sudden drop here was because of the creation of a huge amount of tokens that got dumped on the open market right this is a situation where i feel like it was an inside job because in their post mortem analysis they said it was done by someone who had access to their private keys right their private keys to the deployer contract was breached i mean how did you even let that happen i don't know this is even worse than that than the the hue guy who lost all his funds right i i don't know this is like like this is a situation where i feel like a lot of people don't take the necessary security precautions um i think they're 100 at fault i think it may be an inside job um not gonna speculate too much about it but yeah it was one of those things that i didn't really go into um yeah we got witness 101 says paid the equals to own like three three thousand influencers etc i think it's it is something that um like i personally wasn't into i wasn't shilling it i wasn't pushing it whatever um and i feel bad i'm not gonna be in a place of throwing shade um where i'm like oh i told you so no it's not like that i think like i definitely feel for people who lost money this should never happen um i hope the cyber security protocols like happy can take over and people who hack funds they get stopped right at their tracks um that's kind of the key right to both have the insurance side of things and then to have the security cyber security side of things to necessarily do this but yeah um right there so witness 101 i feel like um he one thing i want to just remember here on this channel and i want to guide this channel a little bit as well is i think it's very easy for crypto in crypto to throw shade um like i was so tempted you know like i was so tempted oh my god just say paid as a scam blah blah blah blah blah blah and um throw shade at people i think it's not necessary at this point i feel like you know there's definitely a lot like um i think there's a lot of unnecessary hate on influencers or content creators um like i get a lot of that i got a a lot of that in 2017 2018 20 uh 2020 i'm like oh my god you're you're an influencer blah blah blah i'm not we create content we talk about what we like um so please have some sympathy i definitely don't want this to be a hate channel um i feel like i'm just reading the chat you know um like we're here as a community and the community needs to grow but not in a negative fashion i'm very against say how um um you know the bitcoin maxima is like tone vase they just operate and call everything a scam and uh um yeah it's it's just that's just not necessary right like i was so close to being i was so close to being in another tone vase right there was a point in 2017 where i just thought maybe every altcoins you get you get to a point where you see so much scam in the altcoin space all right there's just so many people that they're just like full druggies like that was a that was the most disappointing part of 2017 because i came into this you know wide-eyed bushy tailed um into the altcoin space and i read all this stuff i did my research and when you meet the people you definitely feel disappointed especially like you definitely see like when i've talked privately i'm not gonna and i didn't feel shit but when you talk privately there was a very big sense of disappointment when you actually meet the people who created these projects and they turn out to be either total druggies or like they screwed up their lives because they made a lot of money very quickly they might have been very smart at the start and then they they made a lot of money very quickly and then they end up doing drugs and right now they're just totally out of it right you just look at them and you know this guy is out of it like this guy has been on something for the last year or so and you just feel sad right that oh my god i i uh why did i even research this right um you see that right but you also see the other side too i think this year i've seen a lot of this where there is a lot of growth people who are able to grow and people who are able to continue pushing themselves even after they made money all right um that is inspiring as well so this is something that i've decided you know 2017 i almost fell down you know that bitter path where i would say everything's a scam this is all all these shit coins are horrible um you know i almost went down a tony vase route right but i realized you know there is innovation here and um so there is a balance and uh um that's kind of how i'm facing it so this is why i'm very kind of uh uh i'm much more active i'm this year as i want to reserve resolutions this year just not throw shade on people if people if people are writing their time of their life and they're doing um they're doing well you should be happy for them right you should be happy for them uh no oscar is a cc did drugs no he's not one of those people but there there were definitely people who came up to me and said you know what i asked them what they're working on now then they're like i'm figuring out the sound that the universe made when the big bang happened you know like there were that sort of people um but anyways that's that's just that's just that's just my disappointment but anyways all right so going ahead on that as well i feel like the that's why there's so innovation here i feel like for 100 sure there's innovation here um it's just harder to find all right so some updates as well covalent doing a technical partnership with elrond so you guys probably following that so okay covalent what is covalent i think this is the first time talking about it but i've talked to the covalent guys quite a bit and they're providing a lot of data right so if you guys probably heard of api3 or you probably heard of gathering data like we have parsec as well basically the next big thing is collecting data off and intelligence of blockchain right and being able to have these calls where software can figure out not just the price of something but also where funds are going what's what things are doing that's becoming quite important and this is where covalent is hopping in as well so um they're partnering up with elrond and getting more and more data off elrond blockchain as well and then adding that to convalent so that was one of the things um um we got this one we got this news as well um bitcoin whales bought the dip as orders for 100 or more hit all-time highs this is quite interesting so this this is the one of the articles that came up around 16 hours ago and i definitely say that we definitely hear a lot about whales and big players buying right now i definitely see that and um i feel like this is the preparation right so i feel like the last two weeks we had a lot of people who were weak-handed and they dumped and this is when the large orders came in and bought up the dips so this is kind of more evidence of that so um if you just look at the order volume basically there's a surge so basically there are surges of more and more large orders coming in and one of them might be funds so it might be the case that these funds are coming in or a lot of the ogs coming in and it really does echo like i definitely saw there was a theory going on that there were intentional fear in the market at around this time so when bitcoin was dropping below fifty thousand dollars right um everyone was freaking about this f2 pool thing where funds from f2 pool moved like huge amounts of bitcoin from f2 pool moved to other exchanges almost signaling as if miners are going to sell that bitcoin and try to crash the price of bitcoin down so people were freaking out right people are freaking out about this old f2 pool thing oh my god we're looking at this inflow and outflow out of exchanges and people were just like freaking out about that something to remember and i said it said this during that time is that miners never sell directly to exchanges that's almost a rule reason being is because they can fetch a higher price elsewhere so we have funds like grayscale they essentially have a direct contract with miners to buy these coins at a premium because freshly minted mine coins are worth more they have no transaction history they're guaranteed not to have been in the black markets so they fetch a higher value so something like that will be a signal that miners or big whales big whale miners are intentionally trying to cause fear on the market so during that time fear came about large orders bought back in we saw that support coming back in and this is where it's gonna be quite interesting um yeah um i definitely that's also another reason why i'm quite optimistic but i definitely see this market moving up in the future which is why pretty much i don't you know i'm holding a lot of bitcoin i had a lot of people were asking me did i sell you know i have a strategy of dollar cost averaging buying in and dollar cost average going out it makes the most amount of sense for me because for myriad reasons right it really reduces your overall market pressure so so the way i kind of structure my portfolio is that i have a hodl so the hodl for both bitcoin and ethereum and vechain are the ones i don't really touch and those are being but dollar cost averaged over time and bought during like say 2018 2019 2020 i was just screaming dollar cost average i'm buying back in and people thought i was crazy now and my dollar cost averaging out i've done my first one dollar cost average out so this is when i sold a little bit of my bitcoin ethereum and like kind of my portfolio to take a little bit of profit during this season it's very clear at this current point that we're we're in the orange we're in the orange so this is when the dollar cost average can start kicking in but i haven't done it too aggressively so this is a situation where you know there could be aggressive strategies where you sell every week but i'm not doing that i feel like we can still push for a little bit higher i'll start being i'll start being a little bit more aggressive when we're in that kind of dark red like light red area orange red area that's when um i'm in we got vet is cool let's go man vet has been a surprise i mean vet was one of those things that was not easy to hold um throughout the entire bear market i was holding that and i literally watched my because i i had one of those um nodes right like i was watching the value of the node just shrink um aggressive in value like every time vet would drop in price i'm like oh that's a car wreck right there but uh vet has been performing super well recently and it's one of those situations where you know i'm glad that that i didn't sell like it's one of those situations where i think weaker hands would have sold their vet uh would have freaked out but we're at six cents right now right so if you look at the old prices and relative to that this will be six dollars before the one point one to 100 split right so i think this is where the strength is gonna is happening and like i'm actually quite glad that i had strong hands like i feel like you know you read these markets and people are asking like a lot of times you know you see like uh just even recently in the past hour oh my god there's a 0.5 percent dip or 0.2 percent dip like i don't even look at these right now um yeah like that's i don't even see that like um like i usually like people say a ramble a lot i think one of the criticisms early on that kind of like i got a little bit phased out on you have probably noticed like oh this guy rambles a lot i i'm actually very self-aware that i ramble a lot but i always like to look at the bigger picture like for me that makes a lot more sense um like what doesn't make sense is just looking at an hourly timetable and uh and uh and trying to trade on that because like you can't live a life like that right like being in this space for such a long time if i did that i would have aged like 10 years by now right like i would look like an old fart by now because just of how much stress that would cause so like once you're at a point where you're like for me right um once you've been there for a longer point you kind of don't see these minor dips and fluctuations you kind of see where the overall trends are and one of the what are the key big picture reasons why crypto will move up and that becomes more important because those are kind of the fundamentals and then um yeah the day-to-day and hour-to-hour like that like for me i will go for that if i'm trading a very small cap altcoin like if i'm aping something in altcoin space then obviously that will matter a lot but yeah for for the big metas like because most of my portfolio the vast majority of my portfolio is in hodl so like i said i kind of partition out my brain right like um i have my brain will have modes so the most important mode every day every morning i wake up is the big picture mode right that's where the vast portion like that's where 60 around 60 of my portfolio is at in those hodls where i just don't touch it and i just want to make sure that this is all right once that hodl is okay this becomes where you know these wednesday episodes are here this is where the innovation zones are and i'm ultra aggressive innovation right like i'm like that's that's absolutely clear at this point like every new project i want to hear about it i want to listen to it you know people are shouting about labs i definitely give a shout out to labs as well but everything new i'm just jumping right in because that's where my kind of uh you can call it the ape brain all right people will call it the a brain that's where the ape brain goes right because you definitely see that the markets it's posing it's like oakland markets is here right so you need to think like an alt like you need to think like an ape to be in an ape eight market right so um so that that's that's the situation this is why like i i almost like if you're you're i i almost have multiple personalities at that point i feel like um if you're if you're talking to an ape box box mining it's uh it's super super different um but yeah so on that as well i want to shout out for labs as well so labs is a real estate project and a lot of people love it or hate it i i had i had a few comments of loving it or hating it but something that's key to remember right um when i first heard about labs um i i didn't like it because i was like you know real estate might be something that's gonna happen three four years down the road right because it is a security right and uh it's much harder to build that because of the legal infrastructure not because of tech right the tech here is super easy right like everything with these coins like the trading tech especially with decentralized finance the way it is the tech is easy but the uh the security side is not right but i've talked to them and they they have a very good handle on the security so this is a very big like if this if this can be a good play this can be crazy play right that's the way that's the way i view it because you can deal with property like this will be the ultimate dream of every hong kong person to be having exposure to the housing market right i think housing is such a big thing here but it's so unaffordable for most people right in hong kong say a flat will cost around a million us dollars for just a flat to buy a flat it doesn't make any sense and it's like people are crazy about property here so this is why in this market it makes like in a hong kong market and why it's coming from hong kong it makes sense for this to happen where right now people need and want exposure to mark to to property but they can't afford a whole property but can you divide that up that's kind of interesting so anyways they're working on some crazy stuff there they have a look the first ido for their uh initial dow offering they're actually offering a phuket resort on a giveaway it's kind of funny it's like that timing on this as well uh i'll just give a little bit of back for this info for this so right now phuket uh bali are all suffering right now they're bleeding right because there's no tourism so 100 all these companies want to come on and do something and get some more exposure because people just can't travel there right those properties are suffering so this is yet again a situation where it's like once covet is over everyone won't want to go on vacation right so it's like getting in early obviously how early is hard to say all right i don't know how when this whole corral when travel restrictions are going to be lifted but right now yeah these these properties are bleeding right they're they're absolutely bleeding i've been watching a video from i think it was it was all those it's like lost leblanc right it was lost leblanc that posted a video like lost lost leblanc um he posted a video on what was happening in bali recently right bali uh 20 uh 2021 the harsh reality right because i've been in bali last year um two years ago and it was just amazing but bali right now is empty right it's totally empty he's like looking at these hotels and that's just like it like just watch this video guys it's like he takes you through one of those hotels and he's just like yeah no one books here like you have to call them in advance so they can they can open up this hotel for you to come here so like these properties are all bleeding and that's that's good for an investor to be honest like if if you're an investor now right you're just picking up these nickels to the dollar right this is great so anyways that's um that's the take so do you actually win the house wtf so it is a property so it's a it's a tokenized property that you get so a property resource a resort property if you're if you go in the i initial um dex offering for the labs group um we got a question coming in from bartos sz says what do you think about super farm i think super farm is going to do super well um the amount of stuff that they are growing like they've been building this for a while right and elio trades he's been doing super well as a youtuber um and he's actually a really nice guy i spoke to him super nice guy and one of the things that i was really concerned about with super farm was all the flood a lot of people are saying oh superman super farm is a uh it's a scam because like uh some people didn't get their locations and uh that was just super bogus right it's just some salty investors like that doesn't affect the project at all and most of the time like elio wanted to be super nice to the community but there were people who like i don't want to reveal too much apparently people who failed kyc etc they got really salty you know this stuff happens in crypto right and there's always a lot of noise like that when people don't get like right now people right now the way the the the uptop property works is that um um is if people don't get an allocation people will say it's a scam if people get an allocation they say it's the best thing in the world all right now that's just a general trend um so yeah that's this is kind of the noise you have to cut through uh we do have a comment from uh palmeditias um him him once is um bali is in indonesia indonesia sorry apologies if i made that confusion so phuket is in thailand um bali is in indonesia um different countries both in southeast asia don't want to make that confusion don't um they're completely different but in my mind in my mind though it's all vacation right like i've been to phuket it's great it's fun right um and i've been to bali it's a very different vibe i go surfing there and stuff so it's in my mind it's the same thing so apologies it is different countries but yeah in my mind it's like oh it's the same thing it's gonna go on vacation yes um but yeah not not now though all right so i think that's pretty much it for today's stream guys so definitely i'm really really happy that you guys hopped on i definitely want to thank you guys for all smashing your likes um there um kelly green says you said superman i'm not letting that slide man superman is back by the way superman um you know superman has got so much slack and flack and um this is gonna sound like he's been through a lot of right um poor guy like he got his youtube channel deleted he's coming back he's working hard um he's talking about refinable he's talking about happy um he's he's getting back in and i think like um like everyone comes to me and says oh man superman is a scammer like here's the deal right he's actually a lot nicer like if you have to meet him in person i met superman in person right and he doesn't sound like that as a person all right like um like that's why i think everyone's everyone's different i think people always put influencers and youtubers in different light they're all people right and superman is actually a good person um there are very few like there are things that i did actually um was surprised that he would sacrifice um opportunities for himself but he chose family over that so like there was there's some really good things about him um sometimes i can't stand his videos too um i'll be you know very direct about that you know it's very excitement based and like for me i'm not that sort of person i i like i like certain elements i don't like every element but i think that he provides some sort of education um for that so um guys if you guys have been subscribing to superman he has a new channel up so um his old one got deleted and i think that's super bullshit on youtube's front and uh yeah come on there check it out um yeah super show everyone's super show a super scam like i think like it's totally out of it's out of proportion it's out of proportion like he talks about what he likes and i think i will absolutely feel like he should why not he's creating content for what he likes and that's that's good right um krebs park says hey box mining give me some luck shout out brah um justin graham says you are biased to superman since you met him in real life yes i did meet him in real life and there's people i meet in real life that um you know they're they're not douchebags there are some people who are douchebags but yeah um you'll be surprised how this world works um uh superman does dc comics book camera no it's actually a guy called suple and he's superman uh all right um also last shadow was to veet actually um if since we're doing all coins last shout out to veet veet has exploded look at that um i saw this today um as one of those things that i've huddled veet for a long time all right it's one of those low cap coins that suddenly got rediscovered by the community but they should have been discovered ages ago it's one of those things that like yeah um yeah looking back like it was a situation where i i held on to it it and uh like it didn't have a super positive response on both the channel and stuff but i i was still a holder and this morning i checked it out i was like wow why is it worth so much right now like what is happening um i think it's good that they sound like i finally got some love and the reason why i held on to them right is because they have free transactions right um this becomes quite important for adoption if you guys um know right now on if even on buying a smart chain it costs a little bit a very fractional bit of um bnb to send a transaction on buying a smart chain but the way veet works is that there is an alternative so instead of paying for that transaction what you can do is you can do a very mini proof of stake so not a proof of stake proof of work you can do a very small calculation that takes roughly around for my phone it takes around like three seconds for my pc it takes around less than a second you won't even notice it the reason why is that with the proof of stake is that you it prevents spam on the network so instead of charging people actual cryptocurrency for that it's just like boom you do that calculation you spend that three seconds fine if you're a power user you can stake it down you can stake your veet and then you can get a very high quota so you don't need to do any proof of work and send huge numbers on transactions but i think that was a novel concept that was a very novel concept where like you can opt to not pay for that transaction like that makes a lot of sense to me and the system actually makes a lot of sense to me too so i'll give a shout out to to to veet here as well i think this this is something that i think a lot of people should pay attention to obviously it's on a huge rally right now so i want to say look anything that's on a huge rally just jot it down that's what i usually do um i'm not telling you to do it obviously but for me it's a lot of times and there's a lot of hype i jot it down but that's like a super performance it's almost doubled in a day right it's crazy um but yeah so yeah super um doing that metal burn says michael is legit thank you for that comment thank you thank you thank you we got metal burn also says elio should not be underestimated i think he's like elio is really nice guy i really like him i really really like him anyways thank you guys so much for coming in today thank you uh uh thank you guys so so much for smashing up those likes as well time for me to get some breakfast not from breakfast lunch um i was actually eating pop tarts for breakfast that was my breakfast this morning um yeah i it's one of those things like i don't know i saw youtube video on it recently and i was like craving pop tarts so yeah that's my pop tarts that's my pop tarts show of the day i was like i just really wanted to have some pop tarts like this childhood memory thing right you got like i ate this as a kid i want pop tarts so yeah that's my breakfast this morning um and yeah finish that i'm gonna finish my pop tart gonna eat some lunch and i'll see you guys on next friday so yeah the friday the stream is gonna be on next friday um yes same time see you guys then i'm gonna be something super cool and i'll see you guys soon so let's um smash up the likes by the way it really does help the channel really really do it do it do it guys do it now do it now smash up those likes and we got sweetie b all right you can spot that cherry frosted really you can spot that from here all right that's that's some legit that's some legit stuff um cherry frosted is such a childhood memory yeah um so i say yeah i love this stuff i'm like um cherry frosted all the way man all right sugar and uh later uh um lemon66 looks like strawberry i was deciding between strawberry and cherry and i went for cherry so who so so sweetie b you you win top price for spotting cherries frosted over strawberries so anyways thank you guys so much for watching uh see you guys i'm gonna take the time now to tell you a little bit about everything that's happening in the box mining ecosystem first and foremost if you guys like listening to all that's happening in crypto on the go then i would highly recommend you checking out the box mining bitcoin out of the box podcast and the reason why it's called bitcoin out of box is because we have long interview segments very much exploring the detail of the newest and latest of what's going on in this whole cryptocurrency space whole idea of it is to bridge that gap between knowledge privileged institutional investors and the rest of us here in this space now with the podcast it's on everything so it's on apple podcast it's on google podcast it's on spotify just search it anywhere bitcoin out of the box so just add that onto a playlist and i just follow the new episodes when it's released next up we also have the box mining newsletter so this happens roughly bi-weekly we give you an update of the latest that's going on in a very summarized condensed format so this is perfect for anyone that wants an overview of the market say for example what's happening with okx the biggest event or maybe the little things like what's happening with different coins and overall the trend so what i use the newsletter for personally myself is to understand what kind of phase we're in in crypto to kind of get kind of in tune so if you don't read crypto every day the newsletter is perfect for you last but not least in the link down below if you're a telegram user we have the box mining announcements channel so this is to announce you basically what's the latest videos coming up but also we have a daily update a community driven daily update to provide you an idea of the latest updates on a day and a lot of people have been using that to get informed of the crazy amounts of trends that we see and i have to give a big thank you for claudio our community member for doing this it's just been phenomenal definitely want to give you a shout out there claudio as well for that and taking us to the end of the live stream so make sure number one you click like and subscribe on this video because it really does help this channel and then of course check out the podcast it's one of the best ways to know a little bit more to extend that knowledge especially in your spare time and then of course check out the newsletter if you're um you know if you want those updates and summaries and trends newsletter is the place for you and with that guys thank you so much for watching this video i really hope you have a good one see you in the next video for ies if you having fun you did Thank you.