ETHEREUM BLASTING OFF! Cryptocurrencies on FIRE. Alt Season Next?

The excellent connection is up. And as someone says, it's almost bedtime for them. That kind of sucks. But anyways, we're ready to go. Let's see, go live. And we just hit the live stream button. So welcome, welcome back, guys, to another episode of the Box Mining live stream here, where we take a look at what's happening in the cryptocurrency space, Bitcoin, Ethereum, and Wowzee with Ethereum. Ethereum just really took off. I mean, last episode, we're talking about Ethereum $780. And now it's like, what, $980? What's going on, guys? It's been absolutely insane the past few days in the cryptocurrency space. So we're going to recap on everything that's happening here in terms of everything that's going on. We're going to talk a little bit about the upcoming alt season. A lot of people were very concerned, like, is it going to be alt season soon for alt cryptocurrencies? We're going to talk a little bit about thoughts on that. So stay tuned. And we're going to catch up on everything that's happening on the news site as well. I've prepared quite a lot of news on this. So we're just going to breeze through what's the newest stuff, what's the latest developments, and all the new stuff happening in the cryptocurrency space. And we're going to wrap it up with a little bit of a browsing of what's happening with kind of the Reddit space and kind of the social aspects of everything. So super loads of tons of stuff today. Really, really exciting. I really do also want to just wish you guys, if you guys haven't been on these live streams, I just want to wish you guys another very, very happy new year. It's been extremely, extraordinarily exciting this new year for everyone. So I'm super, super glad to be here with you guys and doing the live stream here. And also guys, if you're just coming in as well, I really appreciate it. If you do smash down, I just smash that live stream button. I'm not the live stream, smash the like button as if Bitcoin and Ethereum is smashing those walls right now. Just keep smashing that up, guys. It really does help the channel. And I'm really just spending a lot of effort on this. Now you can kind of see as crypto moves up, I'm like, I'm happy and sad, right? I'm super happy crypto is moving up. But also I'm like, my break's over. I got to work like 18 hour days or 20 hour days to just push everything. So I really am on top of everything, not just with YouTube, but also with my personal side, managing those bags up. You guys know, I typically stream after I manage my bags. That's typically how it goes. So I create a kind of a time where I don't really have to constantly stare at the markets. But, you know, that's what's exciting, right? Staring at the markets, figuring out what's going on. Also, just enjoying life a little bit. But anyways, guys, smash up those like buttons. Let's get the party started. All right. So very quickly, let's take a look at what's happening on the markets so far. So, oh boy. Oh boy. I got to take a deep breath for this because rockets are flying. We got most notably Ethereum. So right now, Ethereum is really chasing Bitcoin up. It's up 25% in the last 24 hours. It's like, you know, I thought I wouldn't live to see these days again where it's like 20%, you know, not just 10%, right? So we've seen 10% increases in 24 hours. 20%? Really? You know, I thought those days were over. I thought those were behind me. You know, crypto was going to calm down, take a little bit of a chill pill. But nope, nope, nope. Not Ethereum. Ethereum decides, you know what, guys? Let's try to push for 1,000. That's exactly what we saw. Bitcoin's not bad either. Bitcoin's really keeping it up. We got Bitcoin at 33K right now. 33K, that's ridiculous, right? I mean, I think a lot of people who haven't zoned into crypto, they're coming to see these prices and I'm like, what? Like, refresh. Is this website broken? Like, am I seeing the right thing? Like, last I checked, Bitcoin 3,000, right? 33,000? Huh? But anyways, that's kind of the sense that's going on. We also have a lot of other altcoins exploding today as well. Litecoin really showing, you know, the world that it's around, it's life. It's there. Ripple, not so much. I mean, Ripple after the whole SEC fund, you know, it needs a little bit of a time to recover, it seems like. Polkadot being number six. I'm feeling great about Polkadot, actually. This year has been, like, pretty huge. Like, well, last year, not this year. Last year has been pretty huge for the Polkadot talk. You know, we were talking about it early on in 2019, before it even launched, because it was super hot in China. And that China fever really took over the rest of the world. It just seems like people knew they had to move, and move it shall. So I'm going to do more coverage on Polkadot very soon. There's a lot of very unique ideas there. Like, from the ground up, there's a lot of very unique ideas on Polkadot that's worth looking at, especially the idea of allowing a lot of bigger projects to build their own chains using Substrate. So it allows basically anyone who's building a big project to build their own chain, customize it to their own specifications, and then, of course, allow it to interoperate, allow it to, these assets across these chains into Polkadot and into other cryptocurrencies. That's kind of like the next generation, right? Interoperability. Keywords there. I'm throwing big words. Bitcoin Cash, Cardano, Binance Coin, Chainlink, all showing some strength. They really just basically said, you know what? We can't let these ulcers, like, we can't let Bitcoin take all the glory here. You know, Bitcoin, thank you. There's a rising tide that raises all boats and all the boats are like, yeah, we got to flex a little bit too. Kind of funny here, I also noticed, like, in terms of top performers in the top 100 cryptocurrencies, we see Nano pushing hard. It's kind of funny. I saw, like, loads of tweets on Reddit. Like, Nano was a big, big, like, coin for the Redditors. So everyone's like, oh, Nano holders. Oh, what's happening, guys? It's like, seems like everyone's coming out of the woodworks. We got VeChain showing some streams here at 2.5 cents. So VeChain, you guys know, it's one of my third largest bags. So I'm super excited to see VeChain up here getting some of the attention. I mean, last year, they've been focusing a lot on enterprise adoption. And that's not really sexy, right? That's not the most exciting things in the world, you know? Another billion dollars being added or a billion dollar company being added to the network. Not too sexy because it's kind of boring. These business guys, they don't know how to speak. But this year, yet again, VeChain getting some attention, getting some love in the cryptocurrency space. Why the hell not? Right? The hell no. All right. So that's kind of the overall view on the market. You can definitely see the beginnings of the altcoin season. You can definitely see. Yet again, we're seeing those like plus 50%, 40, plus 20% pluses growth for like all these coins. You definitely know something's up. There are some losses though, like empty set dollars, see a coin, but that's kind of expected in this current space. You can see that in terms of the past 24 hours, it's much more kind of much more positive than negative, especially in the top 100. Let me just take a quick glance at the top 100 to 200. Yet again, we definitely see a lot of activity. TrustSwap up there as well. If you guys know, I'm an advisor for TrustSwap. I've been saying that the whole of last year, they've been doing some crazy good stuff, especially not just with what the original aim is. Original aim of TrustSwap is always to have a trusted scenario for projects to send coins or people to send coins to each other and even have time payments. But this year, what's really shining is the TrustSwap launchpad. So getting on the launchpad to get onto new projects, that has been a key feature. So you stake TrustSwap, you get on the projects. It's been like one of the top kind of excitements going on. So we'll talk about the latest TrustSwap launchpad project as well. So we'll go for it, talk about a little bit about Glitch in the episode. But yeah, they're performing nicely and that's super exciting. We also got Utrust up here as well. Utrust is building, like it's also another coin that I'm holding. Obviously, you guys can see I've been holding a few coins, but Utrust has been doing a crazy amount of good work with integration. So having businesses to allow the acceptance of cryptocurrencies, that's such huge. Like these, I think that's kind of the next barrier, right? You know, people are now asking me, okay, how do I get into crypto? How do I spend crypto? Where does this go? You need to build up this whole network. And, you know, coming from 2012, nothing was built back then. It just seems like it was a barren landscape. I was like, you know, the chicken and egg question. When are the services going to come online, right? So now in 2021, we definitely see more and more services coming. People, when they understand Bitcoin, they're like, oh, where can I spend it? Well, you can spend on these merchants. Boom, boom, boom, boom, boom. You can spend it. You can buy it. So much liquidity here. It really makes it much easier for people to get in. Now, we got a lot of questions, right? So a lot of people are wondering, you know, what's the next kind of prediction or the outlook for cryptocurrencies coming in. So I'll talk about that right now. We'll take a look at the markets. So we've got Nick V saying, ETH 2K end of month. That's FUD, man. That's FUD. You know, ETH is going to be a rocket. You know, let's have a little, let's stream a little bit bigger here, right? Let's stream a little, just a little bit bigger. We'll talk. So, all right, taking some thoughts, right? So right now, at this current point, we have Bitcoin kind of being, I'm drawing, I'm, so here, here's, here's what my key understanding here. And you got to kind of understand what I'm, my thoughts are. So first of all, foremost, we want, I want, really want to know where the resistances are. So, okay. So what are kind of some points where there were possible rejections? And we did see a rejection roughly around 34K for Bitcoin. So 30, 34.9K, almost 35K. So we saw that rejection last time. So Bitcoin tried to push above $35,000, didn't really make it, but that rejection hasn't caused a major drop yet. And I've currently marked the resistance here to be around at $30,000. And that makes a little bit of sense, right? You can see that $30,000 was a point of resistance before, but now it's becoming support, right? So this is kind of where I'm drawing the channel for now, but it's key to remember that Bitcoin has not entered this zone before, right? So the, in the previous run, right? In 20, in 2017, Bitcoin got hard rejected off 20,000, and we don't have any more data, right? This is kind of the surprising part. We're entering the uncharted territory at this current point. So in terms of the data, we're getting very, very little data about where our supports and resistance are, this are at this current point of time, which is also great because that means we can have a lot more room to grow. So after you saw Bitcoin crossing 20,000, you definitely saw that explosive energy going forward because people were like, okay, where's the next major resistance? Is it a hundred K? Is it a million? You know, that's becoming, it's not so well established, which is very, very interesting. And it's something that I've also said early on in 2019. Once the halving happens, I expected, okay, a little bit, half a year of just kind of moving, not too much. And then after the halving, right? Like in the period that we have right now, six months afterwards, almost like clockwork ticking in, boom, that explosion as the interest for Bitcoin. So we have either the same demand for Bitcoin or higher demand, right? Regardless of which, as long as, even if the demand stays the same, Bitcoin, the amount of supply for Bitcoin, that's halved, right? But, and the reserves have been depleted. So almost, it's almost like clockwork coming in, boom, six months afterwards, we have that rocket ship going up into space at this current point. Now, interesting enough, now this is the first day that the market's really open, right? So now we're on, we're January 4th over here in Hong Kong. So it's like the Asian markets have already opened. And it's a good sign that there's no catastrophic drop. That was one of my concerns going as the weekdays approach, as businesses start to reopen, as traders come back, because you definitely know, no, right? The narrative last year was that there were a lot of institutional investors, right? We saw Michael's strategy buying up half a billion dollars worth of Bitcoin. Now, will these institutional investors take profit? That becomes a big question mark in my mind, right? Because if they bought, and if, especially if they start accumulating for out 2017, and maybe even if they started accumulating in 2018, they would have got 3k prices, 6k, 7k for the price of Bitcoin. So in that sense, will they start taking profit, especially with Bitcoin hitting 33k this year? So now it doesn't seem to be the case that there is a massive urgency to take profit too. As Asian markets open, we're going to have the US markets opening tonight. So that's where I'm keen. I'm keen to look to see if there is some form of pullback. Okay. A lot of people are saying, okay, look, pullbacks, FUD, and all that stuff. A lot of people are very concerned about talking about kind of potential for pullback, but it's definitely going to happen sometime, right? It's an inevitability where the market needs to really find out where its proper support lines are. And it's going to surprise a few people. Now, this is not financial advice, of course, you know, for me, you know, nothing on this channel is financial advice. It's very much about my journey into crypto, but that's what my expectations are. And that's what I'm preparing myself for. So just mentally preparing myself for a kind of a retrace of some sort, but, you know, who knows at this current point. Now, speaking of Ethereum as well. So Ethereum just really pushed off. I mean, we're talking about this last time, right? So we drew the resistance here at this mark, right? So around 700, just before 800. We made that like live stream last time, right? We're talking. It's kind of funny. I just, just counting backstories, but it seems like a long time ago, but it was when, when Bitcoin pushed the 33K, we got Ethereum. And it just, Ethereum did something crazy, which is it broke past that resistance that it saw for a long time. And then afterwards it just flew, right? Like once, once it passed this point, it just went up and straight into the space. And it was a kind of an interesting scene as well, because last stream, right? I'm just going to get the date for last stream. So at least, at least it makes sense. We can get the narrative there. So the last stream that I had was one day ago streaming. It was, it was, it's probably like 36 hours ago. So 36 hours ago, it was kind of funny. I was reading the comments up on that. So this was the last, last stream we had. It was on the 3rd of January, but bright and early. It was like, you know, midnight for me at the very least. That's why you can see, I was really, really tired on the last stream. But a lot of people during last stream were, were extremely, look at that face. Look at that face. A lot of people last stream, they were very concerned that Ethereum was not pushing up as aggressively as Bitcoin. I mean, Bitcoin rallied and where's Ethereum? Ethereum was left in the dust, it seemed like. But now we have Ethereum reclaiming that throne, reclaiming, oh, not the throne, but reclaiming its position as one of the most powerful innovators in this space. Attention's being drawn onto there. And it kind of, it kind of funnels like that, right? You got Bitcoin bringing up the entire market because everyone, they understand Bitcoin. They, you know, the news talks about Bitcoin. The news barely understands Ethereum. Like no one understands what's going on. And then the other coins even less, right? But Bitcoin is the tide that brings everything up. You know, it rises up and then Ethereum starts playing. Okay, look, we've got some crazy innovations here. Check us out. And then of course, now we're kind of at the edge of what I'm going to say is we're very close to that insane altcoin season, almost like the one that we saw in 2017 times where everyone is now paying attention to the other alts. And it always seems to flow like this. Like once Bitcoin, the giant, it calms down a little bit. Now, everything starts to rise in a certain space. So definitely I spent a lot of time yesterday kind of increasing my altcoin portfolio. So my personal take on it was that I definitely did increase altcoin portfolio. People were asking about like, say Litecoin last time. Yeah, I did increase actually my Litecoin portfolio. I actually added to a lot more of the kind of the bigger alts. Why? Is because I feel like that's going to be the flow, right? It's going to be flowing from Bitcoin to Ethereum, to the bigger alts, to the smaller alts, right? That's kind of the passage for passage of time. So I've been kind of pretty, at this point, I'm pretty much out of fiat. It's kind of funny, right? Like I said, like people thought I'll be selling aggressively right now. No, I feel like this is still quite early on in the scene, especially in terms of if you just look at the trends, right? So I'm just looking at the trends for this. We're just picking up right now. Look at that. Like, so we're pretty much roughly speaking four times that of say July and August, where we're at 100 right now for Bitcoin search interest over time. But if you look at it relative to 2017, we're still, we're still not there yet, right? We're still that retail FOMO. It's still, it's still not there. It's still kind of right before this crazy peak, right? So I feel like that's when, you know, when people start asking me about it, that's when it starts. I mean, a lot of my tech, like people who like tech friends are really picking it up. And this time I feel like people have a bigger, bigger understanding of Bitcoin. I think that's kind of the, the key here and why I'm so optimistic. Last time you saw, I'm super optimistic. I'm super bullish. One of the biggest reasons why is because people now understand Bitcoin a lot more, right? Back in 2017, there was a very weak understanding of everything's going on. What's going on. It's always funny internet money, but people are understanding one other key aspect too, which is that the current economy is totally messed up. Like with the U S the fed printing so much money, like what? 23% of all U S circulating supply of USD were printed last year. I mean, that certainly does ring some alarm bells and talking about being a currency that has a fixed supply. Number one, that's Bitcoin, big pull factor. The other big pull factor that really happened last year, and it's very present in Asia, right? Very Asia specific. So for me being in Hong Kong, I feel there's a lot more, which is that a lot of Chinese have very, very reduced access to being able to send currency freely, right? So the narrative in China last year was that there was this risk of China being kicked out of the SWIFT system. I mean, it sounds ludicrous, right? Especially if you're, if you're thinking from the global trade perspective, you know, you want countries to trade with each other more, et cetera. But because of this trade war, because of this fear that China will be kicked out of SWIFT, you know, China has very aggressively moved on that front too. They've been pushing out DCEP, digital currency, electronic payment, and they've been trying to get around being able to send currency freely, but that is a big fear in China. So now with the Chinese coming in and saying, look, we want a currency that we can send anywhere in the world, right? Without any restrictions. That's Bitcoin, right? That's the, that's the only currency that can solve this need because every other currency or system is politically motivated. There was a lot of messed up politics happening last year. You don't want to be on a bad end of politics, right? This is why all like people from my dad's generation and, you know, they constantly look on the news to see if there's going to be any restrictions on how they can send currency or how they're going to be affected. Bitcoin doesn't care, right? I think that's the big explainer. If you need anything to tell your friends about Bitcoin or anything about that, fix supply. And also more importantly, Bitcoin doesn't care about politics. I think that's one of the key aspects that people don't say it enough. I think it's, it's felt much more here in Asia than over in the Western world. I feel like in the West, people expect that money, you can just save it in a bank and you can send it anywhere in the world and you'll be fine. But that's actually not true. That's actually not true. All right. We got Robert Luh saying general thoughts with USDT printing and systematic risk exposure to crypto. Thanks. That's actually being, being a pretty big concern. So let's talk about that very quickly. I feel like a lot of people are asking questions about that. So Tether, Tether has now become the number three currency by market cap. Now, Tether is not a cryptocurrency. It's a stable coin, right? So Tether is meant, okay, by, by part of its design, by its claims. I'll say claim, right? Tether claims to have one US dollar for every USDT outfair. So right now, the banks, the vaults of Tether should be, all right, should be supposedly holding $21 billion, billion of a capital B. This has become a lot, a lot bigger over time. If you actually just look at Tether, it has grown exponentially. It's grown exponentially. Let's just take a look. Let's take a look at Tether and the market cap. Look at that. Look at that. That is a, that is a line just growing and growing. And you can definitely see that 2020 has been a huge year. I mean, it started off at $4 billion in terms of market cap. And then now it's 21. That's actually quite a bad thing to a lot of people, because that means that Tether is holding more and more fiat, right? And do they really even hold that amount of fiat? That has become a huge question in the cryptocurrency community. Now there are so many different ways to look at it. And if you guys have been watching a lot more of the Western channels, this is yet a case of East versus West, right? A lot of Western channels do not understand why Tether has so much money. Why it's holding so much money, right? That's, that's insane, right? $21 billion. Where, where is that money? Right? And that just hadn't, has never been an official audit for Tether, right? So they have never released any audit information. And even if they do, right, do they really hold that much? Where is that money? Is it being saved in a bank vault or is it being saved in vaults? And there's so many rumors, right? People. Okay. So let's, let's explain why it's very popular. First and foremost, it has become the number one way for people to enter crypto. So previously, a lot of people, you know, they, they purchase, especially in the West, people don't understand it because they purchase crypto directly with us dollars, but that is absolutely not available in China, right? So in the Chinese landscape, because exchanges are banned, because you cannot directly buy Bitcoin from a bank account, you know, Huobi, OKX, they pretty much got kicked out of China, right? Just look at the 2017 FUD that appeared, right? That is still holds true. People cannot buy directly with their bank accounts in China, but what's becoming very popular is OTC. So over-the-counter trades that has become super, super popular. And the way people usually buy that now is with Tether because Tether is a lot more stable. So when you're negotiating over the counter, when you're messaging people, it's much easier to work out a strike price when the asset isn't very volatile, right? So Tether has become the number one way to enter crypto. So it's become such a big gatekeeper. So yes, to answer your question very directly, if Tether has, if there's problems within Tether, so Robert, if there's problems within Tether, there's going to be repercussions in the whole entire cryptocurrency space, because at the end of the day, if $21 billion, you know, this market cap, if this is just fictional money, right? This is magic money. If it's not backed by actual US dollars, we're going to have some problems when people try to redeem it, right? But that being said, popularity of Tether is just insane right now because of the insane need for Tether. So a lot of people don't understand why it's such an insane growth, but 2020, we saw a huge interest in China. Excuse me. We saw huge interest for the Chinese to get into crypto and they needed this Tether. So that was why there was a competition between all the coins, right? So, you know, Huobi made their own HUSD. We had Haxos. We had USDC. There are so many different stable coins trying to take that role. So I feel like in the future, all right, not even just stable coins backed by US dollars, but our synthetic versions of stable coins are also coming in, right? So we had DAI, right? DAI, which is collateralized by ETH. We have SUSD. We have new, right? Right now, all these algorithmic stable coins coming in. So what I see is that in the future, yes, Tether currently is a problem, but in the future, it will become less and less of a problem as we diversify the different numbers of stable coins out there. So I think that's kind of the complete story. I've seen a lot of YouTube videos. I think a lot of people were very guilty of this. Just saying, oh, like Tether, it's so dominant and it's printing just infinite amounts of money. Who's buying it? Well, the Chinese, okay, the Chinese are buying it. Like I get so angry when people don't have any understanding. They just create FUD and use out of nowhere. Like there is a substantial amount of people who actually need to use it in China. And this is why, yeah, it's super popular. It's so far, I don't see any huge issues this year. Like with Tether, I feel like the amount of trade volume is justified. But yet again, I have never seen audits for Tether, right? So that risk is always there. I've never seen those audits. Who knows what's going to happen? That's the case. And that's why we need to diversify. That's why most of those DeFi projects, if you're looking at it, Metastable, what is it trying to do? Well, create baskets of cryptocurrency stable coins. Well, it's curve. What is it trying to do? Like DeFi is trying to solve that problem at this current point. What is Dai trying to do? So yet again, we're trying to solve one of these key issues here, but yeah, is there a risk? Yes. But is it like crazy? Should I just like freak out? No, that's my two cents on this. So yeah, I'm not the wolf. This Tether is huge. Absolutely huge in China. It is the way to enter crypto in China. It is the way. And also like on the other note as well, why do the Chinese even keep Tether? Well, one of the reasons why is because in China, you don't get access, direct access to the U.S. dollar. A lot of people, they're like, oh yeah. And I've been saying this too. Like if you have the option, if you want to hold USD, unfortunately, the best way to hold it is in a bank, right? Like that's still protected by the government. That's still protected in some way, insured, depending on where you live in the world. But in China, there is no direct access to the U.S. dollar, right? That's the way the banks are set up there. Look up SAFE, right? Just Google the word SAFE, S-A-F-E, and how foreign currencies are controlled in China. If Chinese people want to have USD exposure, especially large amounts of it, one of the ways to do it is Tether. The other way is to come to Hong Kong, right? Hong Kong has been a huge financial district and hub, especially because the Chinese need to have a foreign offshore USD banking hub. So anyways, that's pretty much it. So we have a lot of requests. I'm actually going to, for the chat in the future, I feel like, because right now we have 742 people watching. Thank you guys. By the way, thank you. Big, big thank you to everyone who is watching this channel. I hope you guys stay up to SAFE. We're seeing more and more like that, that live, the amount of people on live, it's just growing massively. I remember still early on, you know, the last few years, live streams. We, we barely get like, you know, 300, 400, but now it's 700. And we've seen a thousand when cryptocurrency prices move. This is some insane time. So definitely guys, thank you so much for joining this channel. I'm coming in. Make sure you're subscribed. Make sure you hit that like button. Also that notification bell becomes very important because I do a lot of spontaneous live streams. If you guys want to know what's going on, just have me in the background speaking, blah, blah, blah, chatting and giving you guys some insight into what's happening. Subscribe, like everything. Thank you guys. And we've got like 135 likes. Thank you so much, guys. Really, really appreciate it out there. So we have a lot of chat. So we're going to, we're going to have a look at, we're going to answer a lot of questions. A lot of people were talking about chain link. It's over pumped and all of this. I mean, oh my God, there's a lot of, I think like, there's a lot of questions. I think a lot of people have questions on, on the scene right now. And I think we're going to try to answer more. I'm going to be a little bit more aggressive this year to kind of push content. And we'll be up to date a lot, especially a lot with the scaling solutions. I'll talk a little bit about scaling right now, because transaction costs have gone up a lot recently. So one of the best ways to visualize this is with transaction TX street. So right now at this current point, right? So the median cost of an Ethereum transaction right now is around $13, right? And the median price for a Bitcoin transaction is around $3. So this has been vastly increasing. So for Ethereum and Bitcoin, the way it works is it works by, by paying a gas price. It's almost like Uber surge prices. The more you pay, the faster or more likely your transaction is going to get through. So this is why looking at these numbers are extremely important because it decides how much your transactions cost. And also playing around with these numbers can save you drastically on fees. Now, I mean, this has been the bane of my existence for some time because I use Ethereum quite a lot. I've been mining, you know, basis, not basis, Mithro cash. I've been in there. And at this current point, because not only because you're not sending a transaction, but because you're interacting with the blockchain, it costs quite a bit. So it could go up to like $30, $40 if you're not careful. So how this works, I'm just going to, I'm going to explain a little bit about how this works and this, why this visualization really helps me a little bit. But I think this is one of the most helpful things. So first and foremost, on the Ethereum side, we have the GUE prices, right? The higher the GUE, the more expensive it is, right? And the way the trucks work, it's kind of funny. So the most expensive kind of car here, right? This is the most expensive train is 182 GUE. And usually for me, I only go for this price if I'm going for a trade. So if I'm trading a very volatile asset on Uniswap, that's when I go and just hit it, hit the gas, bite the bullet, pay $30 for a transaction. Not great, but you know, has to be done, right? And in fact, yesterday shot up to around 400. It was nuts, right? That was, that was a point when you really have to decide, is it really worth doing this transaction or not? But typically speaking, I'm a little bit cheaper. So I just kind of look down this, this road and say, okay, look, what other trains are there? Like, okay, look, you know, how are transactions getting through, right? Can you push down to maybe 125 GUE, 110, 100, or even less at this current point? So typically speaking, I go like six cars down and I choose a target over here. And that's kind of like, I kind of try to see the traffic and I try to get away with shooting for less in terms of gas prices. That's how like a little bit sneaky I am in terms of the transaction costs. The lower the cost, I mean, you know, I don't, I don't want to spend like $400 on transactions each day. For me, saving like 20, 30% becomes quite a lot. So for anything that's not very time sensitive, if I'm just staking something, if I'm unstaking something, that's generally speaking, how I would target it. This becomes very important if you use a lot of crypto, by the way. So I guess I, like for me, it's a big thing. I'm not sure for you if it's big thing or not. We got ETH just passed a thousand. Holy crap, guys. Let's take a look. Oh my God. We are pushing up. We are, we are really pushing up right now. Yep. We're, we're reaching a thousand. Well, we'll have to see if that was in might not be a very, um, might not be a very strong resistance right now. So that's going to be very, very interesting. Um, Arif Akhtar says it cost me 0.5 ETH to remove my LPs the other day. It is extremely expensive. That being said, guys, um, if you guys need to send transactions, if you guys need an exchange to send transactions, what I've been doing is I've been using FTX. All right. So I'm going to, I'm using this whilst it lasts. So right now on FTX, when you withdraw from the exchange, all transactions are free. So regardless of like how much it costs in terms of sending a transaction outside on FTX, all withdrawals are free from this exchange. So if you guys can have access to FTX, I'm pretty much using my FTX account as a daily wallet. So whenever I need to move funds or, um, have something around, I kind of save up on the gas prices by using FTX because I can just withdraw for free. So smart thinking there. Also the other note, if you guys want to save transaction costs, I know this might be controversial, but it's pretty much done like all over Hong Kong right now. Like everyone in Hong Kong does this, but use, um, TRC 20. If you're transferring just between exchanges, I do that quite a lot. So like, if I need to move funds from a Binance to FTX or BitMEX to FTX or FTX to BitMEX, um, I transfer using TRC 20. So I use Tron to transfer my USDT, right? So it's just a little bit cheaper. A lot of the times the fees are $0.2. So like 20 cents rather than five or $6 in terms of fees. I mean, it's just a small little optimizations. It makes a big difference for me. I feel like because I do transfer funds a lot. I do move like, this is my most active trading season right now. I use pretty much all the top tier exchanges. I transfer funds between them because you can only access some cryptocurrencies, um, use, uh, cryptocurrencies on some certain exchanges like KuCoin. You can only get available there or like BitMEX. You have like Lin, uh, linear there. So I move funds between exchanges using, um, uh, Tron version of the USDT, which makes a lot of sense, right? Like right now, if you look at the network being clogged up, if you transfer it yourself, it's going to cost you $12. Like why, why pay $12 when you can pay 20 cents? Right. And also on that notice, well, it also reduces the network congestion. A lot of right now, network traffic is coming from Tether. So if you actually visually just look at that, a lot of the transactions are Tether. Just look at so many people just transferring Tether. Yeah. So anyways, just finding ways to save up on there. It makes a small difference. I hope that little tip. It helps you a little bit, especially because like, yeah, if exchange supports it, you know, just have to be careful that it's all TRC 20 address. But anyways, um, that's pretty much a tip it here. Now let's go straight on to the news. Um, so in terms of news, okay, I'll, I'll go onto the big stuff first. Um, in terms of the coin telegraphs and stuff, and not too much big, big movements right now. It makes a lot of sense because, um, a lot of the big outlets, big institutional sites, they're, they've been away for the holidays, right? But there's a lot of developments and news that's happening in the Twitter space and a new coin space. So first and foremost, we got XC me. So they just joined the blockchain gaming alliance. So this is huge, right? Blockchain gaming is one of the biggest topics of this year. And I've been talking about it for the last three years. Now, blockchain gaming could be the factor that can bring a lot of people into crypto, but there has been a few hiccups along the way. First and foremost, if, if the blockchain game is on Ethereum right now, you're kind of screwed because it costs like what? $13 to send a transaction. So if you're using it to send items in video games, it doesn't make much sense because $13 for a transaction cost is just insane, right? But that being said, there are a lot of new blockchain solutions being built to solve that situation. And that's what we're seeing right now. So XC, they're building their own blockchain interoperability technology to allow these blockchains to communicate with each other. And there is a blockchain gaming alliance. So we'll talk more about gaming. I think there's still other problems to solve in gaming, but I think this year can be huge. And I think once we solve these problems, blockchain will solve a lot of the key issues that gamers face with trust, verifiable rarity, and even reserve value. Like so many solutions here. We just need to have the right way to apply it. And this is where for me, all right, my personal take is that anytime someone says Fortnite is going to adopt NFTs, I'm going to smack them in the face. Like there are certain games that this works very well for, especially games are reliant on trading. But a lot of free to play games do not want trading whatsoever. And that's one of the key aspects. So that was one of the key failures of 2017. I just want to preach this out, but that was one of the key failures of 2017 where people just copy, blatantly copy like something like Hearthstone, added trading in there, and then realized it doesn't work. It doesn't work because the game's monetization is built around not having trading, right? That's the key. Disabling trading has become a huge feature in gaming too. So I guess if you guys, you know, are smart and realize that that's great. If you guys don't, well, now you learned something. All right. So later, we have also glitch. So if you guys are looking at gas prices and freaking out, there are a lot more blockchains being built to solve this issue as well. So glitch is launching very soon on the trust swap launch pad. So this is how it kind of works, right? So trust swap launch pad is a way to get into these projects. So Twitch is also one of the lower kind of market, like lower raises of coins. So that's kind of why it's attractive. It's not only just providing a solution, but it's also quite low cap. So it gives it some room to grow as well in that sense. So glitch is coming up on the trust swap launch pad very, very soon. So that's something exciting to look out for, which also explains why trust swap is also moving a lot because people want to accumulate it to get those trust swap weighted averages. We also have, okay, so you can have the glitch explanation up here. Let's see. We've got pancake swap. We have got, okay, Tazels. All right. So we've got Tazels and ramp defy. A few people were asking about ramp defy and the latest news. So there is a beta integration between ramp defy and Tazels. Tazels at this current point. So what's kind of important and what, what's kind of view here. So with the defy scene coming in, I feel like that's going to be like, after we discover like after the public discovers, um, Ethereum wait till they discover defy defy has provided a huge way for. Decentralize, not it's solving a lot of current problems in crypto, like moving assets across chains and something that ramp defy is really good at doing is allows people to both stake an asset and also have, and move it across chain. So you have that staked asset locked there, but you unlock the capital because, you know, it's kind of like taking almost on a crypto loan. So it's like you lock in on one side, you get the earnings, but all the, all the same time, because you can prove that you locked it on one side, you can unlock another, another blockchain to use assets. Like this is mind blowing. This is like, Holy crap. It's, it's, it's just insanity. And if you're smart on, if you're smart on it, there was a lot of opportunities. DeFi summer was crazy. DeFi spring. Who knows? Who knows? But anyways, that's coming up at this current point. So we have that coming up. We have injective also having some latest releases too. So I've been definitely following up with a lot of what's happening. If you guys don't know what injective is, they're doing derivatives trading on layer two on their own blockchain. They're on the test net right now. So you can test it out to look at what they're doing. But I think this year, like this year, like it's insane. It's going to be decentralized exchanges. It's going to be both usable and friendly to use. I think it's going to be super exciting on that front as well. So following last thing, following on Reddit slash cryptocurrency, we definitely see a lot of revival off a lot of altcoins. So you can see that the early rumblings of the alt season is coming. I wouldn't even see to say this is alt season right now. I think a lot of people would just see, Oh, ETH is up 20%. Nano is up 50%. This is alt season. No, alt season can go a lot more crazy. So yeah, we already see, like I was like reading this, like we got like, why is nano so polarizing? Why is that? Hey, IOTA, don't forget about us. It's kind of interesting to see that kind of discussion pop up on Reddit slash cryptocurrency. That's kind of how I'm viewing it right now, but I was kind of fun to see what's going on. So yeah, that's pretty much it for what I have for you guys prepared for new section. Neo and vet pumping quantum two. It's going to be crazy. It's going to be crazy. XC below 40 cents. Again, that's pretty good. Like entry points, entry points, entry points. I got Robert. Thank you so much for your donation. Again, thoughts about Algorand. yeah, Algor is good. There's like a lot going on. Like I feel like it moves, right? It moves in terms of what's happening. I think the biggest objective, and I think if I ever needed to say anything to Algor, is they need projects being built on it. I think this year has been pretty key, right? Every kind of smart contract blockchain other than Ethereum, they need to demonstrate that there's a lot of activity on there. I mean, this is why Binance, Binance smart chain has been just crazy, right? They've been trying to add a crazy number of projects like pancake swap is on there. They've been trying to move very aggressively to get a lot of projects on board. And that's kind of key, right? That's absolutely key. If, if they don't have like projects running on top of it, that's going to be a problem, problem, right? They need to have an ecosystem. They need to demonstrate. They can throw an ecosystem. And that's one of the biggest aspects that people are looking at, at this current point. Okay. So we got Tyler heel says, you're a champion, my throne. Thank you so much. Thank you so much. Michael, you say some all coins gone up five X or more. It's insane. Um, fantasy says all season starts when Eve hits the old all time high of 1400. So all queen season, I mean, if all queen season comes, like if the full all queen season comes this year, it's going to be absolutely insane. Right. I mean, Bitcoin is at 33 K already and with retail interest, right? So this is kind of the exciting part, right? Retail is always a dangerous, it's good and bad, right? You, you kind of see that the institutional investors, they're a lot more calm. So they kind of position their buy orders over time because they want, they don't want to move up the market. Right. So we definitely saw a lot of accumulation 2019, 2020 when, you know, we were talking about Bitcoin, but no one cared. Right. Like I can tell you all the times when people were just like, Oh, Bitcoin sucks. It's a scam. It's over. Right. And I've had so many of those conversations, but that was when the institutional investors were accumulating. And it's not even the full on institutional investors. It's kind of like the, the, the, the leaders, right? It's like your micro strategies, right? Out there at the big funds, they still don't, don't dare touch Bitcoin at this current point. So I think there's still a lot of room to grow there, but. Institutional investment coming in 2020, that was, that was kind of key, but now we see retail coming in as well. And retail is a little bit different. That behavior is a little bit different, right? Retail formal can just kick off like that. And they can die like that too. So that's when we enter the craziest time for Bitcoin. This is when like, this is when the insanity starts. This is when a lot of people will both make a lot of money and lose a lot of money. Like if, if you kind of, and we see that with all coin cycles too, right? Like a lot of people are like, Oh crap, it's this, this is, you know, like this is the hottest thing, you know, should I buy it? Like sometimes, you know, you'd never buy at the peak of excitement, right? If you look at, you look at something, you're like, okay, look, if it's, if you're so much chatter on it, that's going to be a concern. I mean, that's the classic wall street, um, adage right there. It's like, Oh, if your taxi driver is asking you about investment advisor, if they should buy Tesla or not. Okay. Maybe it's a time to be careful, be, be careful, be cautious when people are greedy. So this is when, uh, for me personally, okay, not financial advice for me personally, when I'm starting to become a little more, a bit more cautious, right? This is just common sense at this current point, as the public comes in, all right, as it moves up a bit more, I'm getting more active. Obviously there's a lot more trade volatility. So I'm being more active, but at the same time, I'm being a lot more cautious as well. When, you know, when people are greedy, you should be fearful. And this is pretty much that's happening. Um, do you expect downtrend? So now, now when, when downtrend, right, when downtrend, um, this is going to become very, quite interesting as well. So like I said before, February is when Chinese new year hits. So February 14th ish is when Chinese new year comes. So that would be the other kind of main point to watch out for. We did know that 20, um, Chinese new year was a big part of that dip in 2017 and crypto never really recovered until now. Right. So that was like a big kind of fire starter for the, the bear market. So I'm keeping an eye on that, but it seems like we, I don't, I don't feel like the scenario is the same. Last time we had major retail formal and there was massive kind of cashing out. I feel like this time, this year, the retail phone was just starting. We're kind of at the, at the start of that rocket ship. And if the rocket ship manages to set sail, that's going to be super interesting times ahead. We got Billy says no downtrend in a boat trip. Exactly. Exactly. Let's see if rally. So yeah, if it's rallying again, so once it passes that 1000, so let's see if we can stay above a thousand at this current point, it's going to be kind of fun. It's going to be exciting because once, if we manage to stick above a thousand, Oh my God, that's going to be kind of crazy. Right. Then that means we can push up even more. Um, 20, Mr. Man says, you mean 2018? Yeah, I mean 2018. So, um, Chinese new year. Oh yeah. So, all right, there we go. Um, so there's a correction as well. So it's February 4th, 12th. So I miss, um, it ends on the 14th. So Chinese new year this year in 2021, it starts on the 12th of February. It ends on the 14th. It changes every year, by the way, with Chinese new year. Um, um, uh, Jose Valencia says, I'm still waiting for a healthy correction for Bitcoin. Also want to go back to Eve healthy correction. Who knows what that is, right? Like this is one of the crazy parts where, this market becomes highly unpredictable. Um, a lot of people try to time the market and, you know, they try to buy the lowest point and the highest point. And I'm, I'm like, no, no, that's not for me. Like, um, I've been a great hodler. Um, I've acquired and also I've been entering positions right now because I feel like, yeah, like who knows when that dip is going to come, right? Like, yeah, time is precious. So let's go. All right. Um, we've got King Cobras is banned auto bears. Oh, well, I think bears are cool. You know, you know, this is a channel where I'm like, you know what? Bears are cool because that's also gives us, uh, uh, uh, brings a lot of people back to reality, right? Like there, you know, markets can go up, markets can go down. Right. And at the end of the day, it's about having the right amount of risk. And I think having bear voices are very important as well. Like, um, I feel like at the end of the day, it's inevitable for some sort of correction to come. I think that's true. But at the same time, you know, when is that correction going to come? Right. Isn't it come when Eve corrects from 2000 to 1500? Maybe that's something that's going to happen too. Right. Like that's a possibility. So we'll have to see what's going on and, um, figure out the stuff. Now, um, last thing I'm going to cover, I think this is going to be highly controversial as well. Um, by the way, guys, we've got like a thousand concurrent viewers. Um, holy crap, guys. Holy crap. Um, guys, thank you so much for watching. Um, really, really appreciate the views. Um, a lot more views coming in, a lot more fun stuff coming in too, as well. So I really hope you guys can smash up the likes. It really does help this channel. Let's hit 300. It really does become a very good point for guys. So guys, if you are coming in, if you're just watching really, really much appreciated too, if you guys smash up those likes. Also this year, we have the join button. Um, if you guys want to join this community, there's going to be a lot, a lot more perks coming, a lot more kind of private videos where I'm more comfortable sharing a lot more of the strategies that I'm kind of currently following. A lot of times I do go quite aggressive in crypto. So right now I don't tell everyone everything because it's highly dangerous, highly speculative, but I feel like the people who are responsible about it can, it can work. So anyways, do, um, do smash the deluxe likes. And see that Ray cases. You're so dumb and I love it. Oh, thank you. I'm so dumb. Good for you. All right. Cool, man. Um, all right. We've got Nick mile also coming in. So Nick, thank you so much for modding. Really appreciate all the mods. If you guys want to follow Nick as well, he's been crazy doing some crazy good TA. Um, so yeah, check that, check all that stuff out. Um, we've got Benar McCarris is 225 likes. We can do better. Smash up the likes and subscribe guys. Awesome. Matthew says, I murdered the like button. The police are on its way. Eve, man, Eve, Eve is murdering everything too, man. Let's see it. Hashtag. We've got crypto dinero says hashtag. And out season. So yeah, I'm definitely having a lot more exposure to all. Um, I'll talk a lot more about it. So one of the things that I'm going into, so this is going to be highly, highly risky. All right, guys. So I talked a little bit about Mithril cash. It's one of these algorithmic coins. So yeah. Um, okay. A few, few, few thoughts about it. Right. So just a quick reminder, guys, first and foremost, Mithril cash will become $1 on January the 5th. So just to clarify everything, like these are algorithmic stable coins that are trying to target the $1 mark, right? They're trying to be stable, just like how USDT is stable. So this is going to go to $1 very soon. So just a warning out there on January the 5th, which is coming up at 2 AM UTC, there's going to be a massive scenario. Which event that's going to make this, um, $1. So just be very careful. If you're holding Mithril cash right now, it's going to become $1 very soon. If you don't do anything about it, um, have a nice life. Now, the next thing is Mithril shares. So what's going to happen is the, the way it's going to work with these algorithmic stable coins. And I think this is highly complicated, but yet again, it's something that I'm, I, like I said, it's one of my resolutions to figure out, um, algorithmic stable coins this year. What's going to happen is that a huge amount. So 70 X of this is going to be dropped. Mithril cash can be dropped to Mithril shareholders. So the other reminder, of course, guys, if you're holding Mithril shares, do stick it in the boardroom, the scenario is going to happen. It's going to drop you the Mithril cash. Um, make sure you stick it. If you don't stick it, you lose. Right. So that's kind of the two gameplay aspects I want to talk about here. Um, a few warnings, right? Cause right now I feel like the, the way defy and all this kind of algorithmic stable coins is working is that, um, if you don't know what's happening, you're absolutely screwed, right? That's, that's just clear. It's not like a buy and huddle sort of thing. It's like, you got to know what everyone is doing and you've got to do those actions beforehand. This happened to me on basis cash. As I was mining basis cash, my losses were not big. I was mining basis cash. I had some nice basis cash, like, um, sitting there. And then I was waiting on it. I was like, Oh, whatever. I just left it there for two weeks. And then I realized, Oh, it rebased already, you know, not rebased, scenario already. So I had a scenario already that myth, that basis cash, which was previously worth like 400, just went straight to one because it's crazy. We got Superman in the houses. I can't sleep. Holy crap. What time is it over there? Superman. It is insane, man. Dot. He's like, he's a dot fan of Superman. You're on dot. That's crazy. That's crazy. Like my, my, my exposure to dot, I have exposure to dot, but I'm like, Holy crap, man. Like, like I was initially afraid of the Chinese whales, right? Like the Chinese whales all hold dot, right? That's the, the biggest coin in China was dot, right? 2019 was a year for dot in China, like way before it even got listed. Right. It was like dot, dot, dot, dot, dot. Right. And now it's like, it's showing some fires, man. It's, it's insane. It's insane. I do have a lot of exposure, but not, um, hello, hello exposure, not hello, but I do also have like exposure to polka starter. So like there's a lot of polka dot projects right now, polka starter. I have exposure for there for new projects being built on, um, dot. So polka starter has also become like pretty crazy. Like it's one of those things that just really took off this year as well. I was like, I just like glance down sometimes. I'm like, Oh wait, what? What's happening here? So yeah, I'm just grateful. I'm super, um, grateful. Um, your thoughts on OMG as FJB. So here yet again, um, I'll declare my contract conflict of interest. First, I'm part of Genesis block ventures, which has recently acquired OMG. So lots going on there behind the scenes. There's a lot of developments going on. There's a lot of cleaning up going on. I don't really want to make any official statements at this current point, because yet again, a lot of stuff is under like legal, legal stuff right now, but we will do upcoming live streams. If you guys are interested in what's happening with OMG and what's kind of exciting on the horizon of OMG, we will have some talks with the Genesis block venture. Um, Clement Ip, Mr. Clement Ip, we've been friends for a long time and, um, we're going to, I'm going to interview my friend to figure out what's happening. Well, what is allowed to be said? All right. That's, that's the biggest problem. Like OMG, I have to hold back a little bit because yeah, lawyers. Anyways, uh, that's up. We've got Superman nights peeps. Have a good night, man, dude. It's, it's insane. What's, what's time and time in London right now? It's like, how, how late are you up? Well, 4am guys, crypto never sleeps, man. Crypto never sleeps. Um, it's, it's insane. It's insane. Uh, Trisys Kusama is great too. Writing and congrats. If you got it, that's insane. Um, David Dollinger says, I dropped my poker starter for plus a hundred percent today. I mean, if this, if, if 2021 is a year of the dot, then, you know, any poker dot infrastructure might be interesting. Right. Um, uh, Ivan Sweet says, thoughts on banning us regulations after USDT. Yet again, like I said, it's, it's obviously an issue, right? For USDT. I think USDT has been such an opportunity and such a problem as well. I feel like, um, like, uh, where is this coming from? Right. Is it tone again? Is he just blabbering about USDT? Is that, is that the situation? Because he's got a lot of things about USDT wrong. I'm not defending USDT in any sense of the word, but I'm a lot less concerned about it this year than like, say in 2017. I think 2017, I didn't understand what's going on. I'm like, this is just, this is just like fluff, right? These guys are just printing endless supplies of USDT, pretending it's actually backed by us dollars. This is ridiculous. Um, what the hell is going on? but last year, because of just how much hype and fever there was around USDT and how much competition there was. And, um, I guess, I guess I'm a lot less concerned this year, if that makes sense. But, you know, if you're concerned, definitely be concerned. It's going to be an issue. Um, I mean, yeah. Dot is killing it. Billy says, Tone, L-O-L. So yeah, I did stop watching a lot of people. Um, like, yeah, on terms of crypto media, it's, um, you know, uh, Tone, Wade's being one of them. Sorry, Tone. I think he's got great analysis. Like, I think, you know, he's got some good TA points. I think he's great at teaching about TA. Uh, super respect what he's doing, but he's super wrong when it comes to being a maximalist. Like, that's, um, that's one thing I'm very, very grateful of myself. Like I, at first I'm like, Oh man, he's made some strong arguments, right? Now maybe this guy is reasonable, but I think it ends there. You know, he makes some great arguments. He's a very charismatic speaker, but at the same time, uh, most of my profits came from not listening to him. So, um, yeah, that was great. Uh, we got King Cobra, Owly Green, if, um, Daniel Ryoji says, if sushi never took off, sushi never took off, like, what are you talking about? Sushi you get for free, right? Like, like, go, go farm it, go farm it. Like, we, we farm sushi like ages ago. Like, like it was free sushi. I don't care. Like, I don't really care where sushi ends up, right? Like, I got it for free. Like, please, please, please, please, please, please, understand the gameplay. Understand the gameplay. Um, we got crypto tonight. You should watch my channel at box money. Well, you won't need beer to enjoy. Ha ha ha. That sounds great. That sounds great. Um, I would love to have a time to chill and talk about Bitcoin. Like, that's, that's my dream. That's my dream. One day. So I can chill. Like right now, like I, um, like right now, like I'm, I've been like, this is weird, right? Okay. I'll show you something weird. Right. So I just bought this yesterday. So this is disgusting. Um, like what I'm drinking is disgusting. Like that's yellow crap. So this is turmeric and ginger, turmeric and ginger. I'm like being, I'm on a super healthy craze right now. Cause I feel figured that like, because I'm staying up so late, late every night, like I need to detox, right? Does that make sense? Like turmeric is cracked full of antioxidants. Um, ginger as well. So I got this ginger turmeric tea this morning. Um, it's disgusting though. It's like absolutely disgusting. Do I feel better? I don't know, but, um, I'm playing around with that at least for the new year, right? New year resolution, be a little bit healthier, you know, do all that healthy crap. Uh, so yeah, this is one of the, the, the, the, the ways turmeric ginger tea. Uh, tell me if you guys have any resolutions this year. Uh, what are your resolutions? I'm, I'm interested. I'm as interested. I'm like kind of building up a list. I'm like, I'm a little bit late to the resolution scene. I'm like, first of all, my list is like, okay, work harder, right? Second of all, my list, understand this algorithmic stable coin crap. Uh, third on the list is just be healthy. I don't want my weight. Like yet last year, my weight was proportional to the price of Bitcoin. Bitcoin goes up. My weight goes up, right? I'm like sitting there on my chair, trading every day. Do I want to exercise? Hell no. Hell no. Like this year, I'm like, okay, maybe I'll stay healthy. Like otherwise, you know, I'm not, I'm not the youngest person anymore. I'm like, I'm getting a little bit older. Like I'm like almost like mid thirties right now. It's kind of scary. Yeah. But your body changes, right? Like when you get older, your body changes, you can no longer like lose weight easily. But anyway, that's just ranting. Okay. 105 man guy, man, this is insane. This is insane. Oh yeah. We lost signal on our, on our stream as well. So I think that, that's a, that's a way to end the video. Let me, let me change the battery. That's kind of weird, huh? Weird. F, F, F, F, F, F, F, F. Is it my, oh, there we go. We're back. We're back. Yeah. It's just my battery. Um, one of these batteries. That's kind of surprising. I didn't expect the battery to run out in an hour, but anyways, um, we're good. We're good. We're good guys. Thank you guys for much. El, El, El Gato F, El Gato F. Yep. El Gato F. But we can just watch this, right? We just watch Eve fly today. Oh, Oh, Ah, Ah, Ah, Saban Somas is you're in your thirties. Yeah, man. I'm in my thirties. I'm old, man. I'm just, I don't look it, I guess. I mean, I'm Asian, so I guess I look younger than my age, but yeah, I'm like thirties, man. It kind of sucks. Like I, I, I, a lot of people think I'm in my twenties. Um, but yeah, I'm like three, three, 30 X, man. Not, not cool. Not cool. Not cool. Oh, don't miss the Eve guys. Oh man. Eve is just flying today. It, it just passed that mark. I mean, this is kind of insane, right? Like if Eve breaks past a thousand easy, like what, what are we going to see next? Right? Like this is, this is insane. This is just absolutely insane. Um, like Eve flying maybe to like, like right now it feels like it's so easy to move, right? 1,100, 1,200. Can we hit those numbers today? That's, that would be insane. Like now that we passed it. Oh my God. I'm pretty excited. Actually, China's actually very bullish. Right now too. Like with Asian markets moving up today, like China's actually really, really bullish on crypto right now at this current point too. Like you can see like previously last year, like every time during the Asian markets, when Asian markets are open, um, it'd be so bearish, right? It'll be absolutely bearish. I'll just like, I'll just see red candles every day. And then when at nighttime for me, right? Because I'm in Asia right now at nighttime, when the U S markets open up, right? That's when, uh, but that's when the green candles come up. Right. And then it's like almost always the all time highs when I'm sleeping. But I think that's trend that's transitioning, um, these last few months, last few months we've been seeing all green candles during the day in Asia. So like, it's much more like happy. So that's actually quite exciting with Asia being so excited for, for crypto at its current point too. I think that's going to be super exciting. We're going to Mars. It's James Leo. Absolutely. Bitcoin taking a break, then pull back. Um, I actually feel like Bitcoin probably the pullback won't be very strong. To be honest, I feel like Bitcoin has a lot to give, especially, um, throughout mid next week when people all talk about it, when wall street also talks about it too. It's a kind of like a realization, right? Like, um, you know, we're joking, you know, when, when one BTC one equals to one Tesla, right? Like when will Elon Musk, you know, uh, accept Bitcoin, like one single Bitcoin payment for a Tesla model three, like there will be a day. Like, I think it's inevitable. You know, that guy's been reading a lot about Bitcoin. Um, it's kind of funny, right? Elon Musk, Bitcoin. I mean, all the way back in 2017, we thought, you know, we saw Elon reading the book about Bitcoin, right? But now he's been tweeting about it. He's been doing a lot more. It's, um, you know, a lot of people are understanding it more. And this is kind of very, very interesting for us. Um, it's definitely, definitely no longer the rap poison days in this world. Bit Butler says, Bitcoin going sideways for months here. I actually don't feel like, I feel like Bitcoin can move up, especially in this period, um, especially as interest grows. So one of the things I'm watching very closely here is how, how the interest and search results for Bitcoin goes over time. I feel like Bitcoin has a lot of performance to give, especially with the increase. Like we, we definitely see that almost exponential increase in the interest in Bitcoin. Right? So with that interest, we need to bring more people in, right? Like at the end of the day, um, people need to understand this. So, um, the holiday effects is definitely coming in where people go back, talk about Bitcoin and getting more interest. I definitely see a lot more people asking me about Bitcoin. So I feel like Bitcoin has a lot, a lot to give still, um, ETH as well. Like the, the whole rising tide thing is going to be crazy. So I definitely see that going on. All right. Okay. I think that's been pretty, um, Paul Paul says he's always been trolling BTC, but it's always interesting when people would troll, when people troll BTC, it becomes a point when, when do they stop trolling? That's going to be interesting. That's going to be interesting. Uh, Trey Pockens says Elon can be very well be Satoshi. He's asked about Bitcoin and asked like he's not into it. Very strange, but obviously he's been spending days on it. Right. Like anyways, anyways, um, that's pretty much it guys. Um, we've got Craig Park says once you go crypto, you can never go back. Absolutely. Absolutely guys. But anyways, guys, that's pretty much it for today's episode. I do want to give a shout out to my new, video too. I'm giving a shout out to myself. It's great. So selfish here. Um, but yeah, so the, the last video is about Yubi Keys. So, um, this is actually quite important. I actually, I actually filmed this some time ago. If you actually look at the video, my hair is a little bit different. It was a much shorter during that video time, but, um, I've been very slow releasing videos, but this video is important because recently there's been a lot of hacks, right? So it's a little bit weird. Like these ugly things are Yubi Keys and they give us a hardware control over exchange accounts. So right now, as it goes, um, if I need to withdraw any cryptocurrency out of an exchange, I have to physically press this button, right? That means that hackers, if they ever manage to break my accounts, et cetera, they'll also need to physically press this button in order to do a withdrawal. So this becomes very important because recently we had the ledger breach. Um, that's been pretty horrible. Um, people are going to try to fish for email accounts. They're going to try to log into your exchange accounts. They might even try to attack your phones to FA, right? So that's been happening in the past. Let's go Google search that, you know, to FA hacked by phone SMS. That's why you should never use SMS to FA. But what happens is that these hackers are super malicious. They have, if they have your data, if you have their email, they have your name, if they have your address, if they go search even more information, they can go to the phone company and say, Hey, look, I am this person. I am you. So, and, uh, I, I lost my phone. I need a new SIM card. And if they actually get that SIM card from you, they can deactivate a lot of your emails. They can go into your accounts. They can go into your, um, exchange accounts. Uh, that's been one paranoia for me. Very, very big paranoia. So, yeah, Yubi Keys. The video is up. Um, this is actually only 20 bucks. I think this is the cheapest one. This is actually the best one. Honestly, like the, the one with the, the USB type A, if you have a computer that supports this, the cheapest one's the best. Um, just buy one from the official sources. Um, use a PO box if you wanted to accept delivery, but that has been very, very, very, very important. Um, Bit Butler says, they may even stalk you slash rob you. I do agree. Like guys, be very careful. I've met people during crypto conferences, right? So a lot of people, they weren't very comfortable talking about the situations when they're attacked. It's very emotional. Um, but people who are very early on into crypto and accidentally leak that they have large amounts of crypto, they do get attacked. And there was a story that I did hear that someone broke into his house and literally just held a gun to his face. And the scary part about this guy was that this, the person who broke into his house, he had a mask on and he was like dripping drooling. So this guy was very much like a druggie. They're unpredictable, right? People who are on drugs, they're unpredictable. They're holding a gun to your head. You know, that's never a situation you ever want to be in. You know, that's like the reason why these, it happens is that people who know they have crypto, they send people to attack you. They don't go for you themselves, right? They hire like these junkies or whatever. Um, just be super, super careful. Like it's not a good scene, right? So be safe guys. Um, you know, security, paranoia, um, you know, this is when you do have to worry about it. As crypto goes up, becomes more valuable. You got to be, you know, much more vigilant as well. So, that too. Anyways, um, guys, that's pretty much it. Um, also, um, yeah, I read factors as at ledger gave out our details. That's bullshit. That's like the worst man. Um, like I made a video about that too. Um, how to deal with that. Now you just got to be way more paranoid. Um, it's kind of insane. It's insane. It's insane. So anyways, guys, that's kind of, um, last things. Bitbutler says exactly. I've been robbed at some point. You never, ever want to be in a situation. Sorry to hear that Bitbutler. Um, yeah, I guess it's ending on a grim note. I think I want to end on a happier note to see that crypto is going up. But as crypto goes up, guys, be, be a lot more safe, you know, um, you know, it's, it's your, it's your crypto, right? Like you have a huge amount of responsibility when you go into crypto. Um, you know, I don't want to preach this every day, but you know, it's a lot of people take it very easily, but as you're in crypto, as you're, you, you are in charge of all your cryptocurrencies, making sure that your crypto is safe becomes a very, very high priority, especially as, you know, if hits these new all time highs, it's insane, right? Look at those prices right now, a thousand and five, 25 for Ethereum. That's crazy, right? So as, as we reach these new levels, just be extremely, extremely cautious guys. Um, I don't want to preach this anymore, but you know, stay safe, stay safe. Um, Daniel Borshio says, I put a thousand to EF, am I fucked? Why would you be? I mean, look, look, look, spend some time, look at DeFi. All right. Spend some time. Honestly, if you guys have any new year, resolution, learn DeFi. Um, yeah, you'll thank me later. I hate, I hate saying that, but it's true. Um, EF has really this year, um, last year, really, EF powered decentralized finance. And a lot of people didn't understand what it is. I still remember, I'm not going to throw the name out there, right? This is a very reputable person, right? In the cryptocurrency scene. And he was like, what the hell is DeFi? Uh, this was during a conference. Everyone was talking about DeFi, DeFi, and he's like, what the hell is DeFi? And he's, he's been in crypto for a long time. All right. What the hell is DeFi? He's like, Oh, decentralized finance, right? No, it's decentralized finance. He's like, is that what the kids are doing these days? Is that the newest fad that's going to come and die in a year? You know, it's skeptical, right? It's skeptical, Bitcoin maximum, right? Right. But a lot of times, you know, crypto produces air, right? Um, 2017 was a big culprit, um, big problem. Like there were a lot of things that didn't work, right? Like that's, that's clear. But at the same time, DeFi, if you actually use it, like, if you use something like wing or compound, like I'm farming wing right now, but you can like store a currency and, uh, like, say you can deposit like USDC and you can pull out rent BTC and you can have BTC that can trade on, it becomes such a powerful tool. Like all these tools, especially when they work together, it becomes super powerful already. Like unit swap already replaced. Like it's still the mojo of centralized exchanges. It's completely still the mojo of those exchanges. Those exchanges used to be so cocky because they were like gatekeepers of liquidity, right? If you want to have good liquidity, you want people to have good entry points into cryptocurrencies. You got a list on buy. So you got a list on Coinbase, right? It was a must. But this year, if you saw the trading on unit swap, if you just see the trade volume on that, and you see the amount of liquidity in that space, it's insane, right? Unit swap just like came out out of nowhere. It was the unicorn, right? It was that unicorn that came out of nowhere, changed the world so that we know it. And now that with decentralized finance come in, just look at that. Just look at that. Like, look at these numbers, right? Liquidity all the way back in May, nothing, nothing, no one cared, no one cared, no one cared. Okay, you got millions, millions, and then boom, you got billions, 2.64 billion dollars coming into unit swap. All right, so it's not as crazy as last year during this whole DeFi summer, because obviously there were a lot of incentives to deposit in unit swap during the farming days. But now even without the farming rewards, that number is going up 2.64 billion dollars. It's nuts, man. It's nuts. The trade volume that's going on there, like, look into it, look into it. If this is your New Year resolution, look into it, at the very least, understand what's going on. And that's going to be key. We also have a good playlist. Check out that playlist. The DeFi playlist, check that up. And, what does DeFi stands for? What does DeFi stand for? DeFi stands for the future of finance. What does it not stand for? It definitely does not stand for quick money. All right, a lot of people, they're interested in decentralized finance because of quick money, but money never comes quick. Money always goes away quick, but it never comes quick. That's always the case. All right, that is always the case. That's the law. There's so many easy ways to lose money in crypto. There are, you have to be a lot more strategic to make money. And this is when you got to be smart. All right. Anyways, guys, thank you guys so much for being this channel. Smash on the likes. Really, really appreciate it, guys. If you guys have any topics and requests, leave them down in the comment section below. We do look at the comments list. We do make new videos. This week, I'm doing a mini challenge. I'm not going to, I was almost not going to say it, but I'm going to try to at least release like two videos during the week as well. Just trying to push out more content as well. So I hope that, I hope I can meet those goals, guys. I'm having early goals. I was going to say one video per day in terms of content release, but that's too crazy. Two videos this week, right? At least. And I'm trying to go through something cool as well, guys. So yeah, with Eve going up to these heights as well, I think we're going to see some super exciting times ahead. And the craziest part is that, you know, we don't even like, we'll have to see. We'll have to see. It's going to be exciting. We're going to be exciting. All right, guys, thank you so much for watching today. And hope you guys much love, much love. I hope you guys have a great, great week this week. It's very exciting. It's just a start. So much more excitement to come. Stay subscribed, stay safe, be cool, you know, have fun. And we're going to go for the outro. I like to 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 the box is because we have a long interview segment, 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 OKEx, 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, 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. Bye. Bye. Bye. Bye. Bye.