(Monday) Ethereum reaches ALL TIME HIGHS...MOON in SIGHT?

all right now i say it's going live you are live so welcome guys to third time's this charm so i've been trying to start the stream for a while now welcome guys back to another episode of the live stream the box mining live stream here it's been a crazy morning so this whole morning it was just absolutely insane starting off i mean ethereum reaching those all-time highs 1440 passing that right yet again attacking that really really big resistance line that we saw earlier and i kind of feel bad for anyone who got freaked out last friday i mean last friday we're doing some serious damage control right i think there were a lot of shattered eagles lots of people were very afraid last friday but today what we're seeing is we're seeing a huge recovery for ethereum we see all coins moving up yet again we got like all coins like sushi swap and uh uni swap moving above ten dollars mine has been blown it's been pretty darn amazing guys so anyways we're going to catch up everything that's happening on the cryptocurrency side we're going to take a look at bitcoin we're going to take a look at ethereum we're going to take a look at all these all coins we're looking take a look at decentralized finance because that has been the focus of this weekend it's been it's about darn time it's about darn time and i feel like you know we're still so early into this i think like we're kind of resuming back into it feels like very early 2017 actually so 2017 you know that's when this channel really kicked off you know i was doing youtube content before this but 2017 was really when that public interest came and i saw lots of positivity i saw these crazy swings up and down when it felt like the world was over just like last weekend just like the weeks before tether fud just thrown out the window and then we have like these weird old fear uncertainty that there was a time when vitalik died it's like these fake news circling around trying to shake those weak hands away from crypto so we kind of see that again it's just this whole insanity time coming back again and it's great to be in a time like this obviously you know that was the run it was crazy but it was crazy awesome too so anyways i hope you guys are all well tell me where you guys are coming from i definitely uh would like to hear i definitely want to see if we have an expansion of our audience base as well are we coming from more places around the world we know we've got a global audience is it even more global now than before are we seeing new countries coming in tell me where you're from and what the situation is like just shoot that in the chats and guys while we start before we start make sure you smash up those likes let's have a really good session today i mean the past few sessions were pretty amazing so i would definitely say let's smash up those likes help this channel grow a little bit and well if i did help you last week it's like especially during those dark times when eve was falling and reaching that one thousand dollar mark if people were freaking out and i did help you smash up those likes even more we got nb kitchen from australia australia we got dimitri rogers in texas we got canada says breaking chains but break those chains from canada with south florida a lot of australians here huh we got fleety bunga we got josie i gotta i gotta visit australia sometimes australia australia sorry sorry for the bad accent sorry guy we got colorado and like my metallic my booter and says i'm in uranus or i'm from uranus anyways um my box money nfts are at an all-time highest as peanut walters thank you thank you guys so much for the support guys so let's get started let's get started and see what is happening on the markets and let's take a look all right taking a look at the market so let me just refresh let me just hit the refresh button here boom did you guys see that so this page i was kind of funny oh that that page was on last week's data right so i didn't hit the refresh and you can finally see everything was down last week and this week boom we're back up we're back up guys so yeah we see ethereum all the way back up to 14 000 bitcoin hasn't moved too much to be honest i mean it was kind of like we'll kind of take a look at this very quickly so the the majors in terms of bitcoin hasn't moved too much ethereum is the one that's blowing up overall and why we take a look at this is because kind of like bitcoin is the market leader brings everything up it had this enormous rally i think still a lot of my friends think bitcoin is at eight thousand dollars i think that's uh but anyways so yeah we're at 32 000 for bitcoin ethereum at 14 000. this is where the exciting stuff is this is why the title of this video is ethereum reaching those all-time highs so what does it mean all right so let's take a look at the markets first of all and we'll talk about the altcoins because there's so much happening altcoins i mean uniswap one inch whatever it's crazy right so we'll take a look at the majors first we'll take a look at bitcoin because bitcoin kind of controls the market in many ways and looking at bitcoin you can kind of see that bitcoin is still well within that cage i would i drew right so this was the channel i was drawing for bitcoin bitcoin has this strong resistance at 41 000 and very strong support at 30 000 we saw that friday we're almost going to try to touch that support just trying to see yeah if the support is going to hold right there was that fear that moment of fear especially when there was that news about bitcoin's double spend like the 26 dollar double spend which was very quickly resolved by the network because the network is designed to resolve double expand issues right that little freak out where people just like sold on mass because they didn't know what the technology is and that was what i was saying about bitcoin you got to understand the technology right because once in a while and this really happened during the bear now not the bear on the during the 2017 bull run there were tons of this fake kind of news fake hysteria people trying to intentionally cause a market dump so just be very careful of that in this market and we're definitely reaching that state so if you're looking at bitcoin yes bitcoin's within that cage but i definitely see a lot of optimism for bitcoin this year we saw that very very strong support this is what i'm really positive about like bitcoin i ain't selling this like it makes no sense to sell this current point for me right personally not financial advice but for me right during this dip i was just like you know what that's great like it's like someone some idiots are probably selling i'm feel sorry for you if you don't understand the technology but that's the whole point of why you want to understand stuff right because you want to be prepared for moments like this when people like try to say oh bitcoin has a double spend problem or maybe next time bitcoin has you know corn submitted on their network it's it's like check go look that up that was an actual fear back in 2017 but when people submit that and post it out you're prepared because you know right when you are armed with knowledge you know like that fear doesn't affect you because it's not new right if it's something new and you didn't know that at all then then that's gonna be not a good time right so we saw multiple attempts to shake out weak hands on the market bitcoin's well that that support is very very well established at this current point very very strong at around thirty thousand dollars it's hard for bitcoin to dip below that point um at this current point so right now we're in this cage and bitcoin when it's in this cage right when that's kind of like i'm gonna call this the golden cage right now this is when the all coins come up to shine because there's not much activity here so people speculators are looking for greener pastures right this is when at the point where we reach ethereum so ethereum yet again had the channel but now it's breaking out of this channel right so we saw resistance at around fourteen thousand right so that's kind of where i drew this line last time you know ethereum for um let me just switch to four hour view that makes a lot more sense so last time on ethereum it tried to break out right it tried it tried it didn't work right it tried it tried it said okay look let me try to attack fourteen thousand i'm trying to be um go above this number and then the bears pushed it back but now we're at at it again right we're at it yet again so we're trying to attack above fourteen hundred dollars for ethereum and this is this time it's it might work it might work i mean right now we're going to asian markets right now a lot of people always fear you know that there's that asian dumping coming in right so when we're moving to asian markets uh it might be the case that um it could move up or it could move drastically down there was always that fear that asians would come up and just dump right but right now i've been saying for the past three months that asians are starting to turn bullish so that's why i'm kind of eyeing this afternoon see if ethereum will really attempt to push beyond one thousand four hundred and forty dollars yet again so we're just seeing if that goes up because if that goes up then we're going to have a breakout yet again when it just goes and explores territory in the one thousand six hundred one thousand nine hundred and i'm very optimistic this bull run as well i mean in 2017 a lot of ethereum's price was dictated by the ico market yes the ico market is returning so the sale the sale of new cryptocurrency the creation new current cryptocurrencies is coming back but at the same time we got a very strong foundation on decentralized finance this year so if you look at sushi swap if you look at uni swap all of a sudden you can see these exchanges are moving up these coins are not only moving up but they're moving up because they're generating a lot of revenue right people are using uni swap more and more people using sushi swap more and more they have a huge war chest of just revenue that they're generating right so this is something that's very different this year the way that decentralized finance moved and why decentralized finance is so huge and it's proven to be huge is because it already changed the landscape of trading cryptocurrencies so a lot of people you know before they were looking at centralized exchanges binance listing was very important back in the day but now listing a unit swap and a good launch in unit swap is becoming one of the key gameplay factors uni or sushi swap but either or either exchange you choose one you listed there that really dictates the success or failure of a launch of your project rather than centralized exchanges so this has become a huge play and this is in many senses why uni swap one inch right running is moving up sushi is moving up very very aggressively i mean look at uniswap it's moved up 45 in the past seven days alone so yet again that era of d5 is coming back we got l run pushing to 44 dollars remember the l runs like l runs using ego now e gold now right so the original price of l run was higher than this and then people are freaking out about l run like saying oh my god it's not doing super well but man this whole market is moving up very very aggressive we have a few questions and donations coming in so guys thank you so much for your donations and support for this channel i just want to answer a few questions um that people are asking just now so um so let's see first of all um don willow says thoughts on bao bao has got a lot of attention like all of a sudden all these exchanges getting so much attention recently even pancake swap and bao and all this stuff it's it's kind of crazy my thoughts on bao is that i farmed bao very early so um i guess i was very lucky to be able to farm bao i didn't know if it was going to be worth it or not because it's developed by one solo developer so when these cases come out you know when i'm looking at these new alt currencies i try to look at track record but if it's a solo developer with um who's self-taught i think it's it's harder to gauge so i got i farmed bao for free right that's one of the things about yield farming something i learned last year and this is why you want to pay close attention to this channel is because yield farming has become so big right you're generating that passive income you're sticking your coins in and magically more coins are coming out right that's kind of crazy so don willow thoughts about i think it's it's been getting a lot of hype recently and i think there's still a lot of opportunities to farm it and i was very very lucky to be able to farm it very early on even though it did cost quite a lot of money to to get there but it's a solo developer very very enthusiastic developer very strong developer in that case all right so uh we have um all this donations coming in thank you guys so much for your donations as well so don willow we got uh kirby's is icon icx in hong kong china's i think not really icon is not a very strong here korea is what you're looking for um and then we got rib lanes is are excited about the potential of labs group are involved in yes i'm involved with labs group there's a lot of activity going on especially with the security space i think we're gonna have we're gonna see that come back this year as well so anyways stay tuned on that anyway so on that note as well there's been a huge amount of activity on the all coin space i think this weekend was just absolutely crazy my my chat to be honest was going non-stop right so you saw all these coins popping yet again with a lot with defy yet again it's very very uh one-sided right so you have all the all coins moving aggressively in the past 24 hours and not many dumps in the top 100 at the very least so all queen season very much in how high full swing well not really full swing it's starting out i mean we see more way more insane all coin seasons than this right but very much strong strong growth um in this area especially when people start to realize the potential of this space i mean especially if you look at the binance marching ones we got alpha we got cake both have been moving up very aggressively it's kind of funny right so um you know in terms of farming um i've been farming pancake for months now right i was like i saw um i saw at 50 cents and i used a bit pancake bmb to farm it because i thought you know how much lower can i go right after like 40 cents 50 cents yeah so yeah now it's like a dollar 25 that being said of course if you're farming pancake i just want to um tell you guys so the strategy now with pancake um is that you got to watch out for impermanent loss so i did a calculation so for me i was in this i was in this pool right so i was i was kind of like guilty farming the cake bmb pool right so that was the one of the only pools i had which could suffer impermanent loss so this pool was giving out 193 percent apy so you can obviously understand why i was targeting this pool right because you're getting 200 on your money right per year crazy amounts right this is crazy this is like crypto is crazy right these numbers are insane right 200 what's that right i still talk to my parents are you know they're going for like one percent it's really good guys one percent in the bank really great crypto is like 200 right but um something to note that is that when cake prices increases drastically like the current situation right now there will be impermanent loss which is um when you're in this pool liquidity pool it means that it's used for trading right so when the demand for cake goes up your cake is actually being sold right so that's when impermanent loss does kick in so i was like i was happy and sad right i mean obviously i'm happy that cake's moving out but i'm sad that i didn't get the full advantage of cake going up and i did notice this as well people were talking about this earlier that you can put cake in the cake pool too so you have very strong apy you have 182 in the cake pool as well and if you stick it in the cake pool then you can earn that apy um yeah without impermanent loss so anyways if you don't understand that i will make more videos more tutorials i know that my channel i think like with our community especially we have a lot of new people coming in and we have a a lot of old people as well so i'm kind of trying to cater content for both sides but there's so many opportunities in crypto it's just my mind is blown right i mean like even like small stuff like um i know you guys on the telegram channel was uh very big about dig right so you're looking at badger and dig and um it was actually the community channel that got me really into this is a dig is a rebase coin um it's created by badger it's like 76 000 holy crap like yet again my mind was blown i was like wow like hey it's just it's a point where like i check my account i'm like wow like what is this dig thing sometimes i'm like how do i have so much okay anyways but this is like pretty much the situation with crypto right now it's like being active really helps um but also taking a break really helps i think i'm just trying to balance my life out at this current point where there's so much activity so much stuff that demands attention right now but at the same time you gotta be able to rest right you gotta have you gotta have some chill because crypto doesn't have any right if you're waiting for crypto to chill uh yeah not not uh uh not good so um money match gaming says cake pool also has a compound button yep very convenient actually very very convenient so yeah that's pretty much some craziness right there so yeah jack says dick looks good dick's gonna go through some exciting times i was looking up a dig right because it's another rebase point right so um highly speculative so just be very careful with these rebase coins um you gotta do particular things with them um or actually rather this one they will rebase and now you get to get more coins but the price will just vary a lot but the quantity will vary too so anyways magic magic um yeah lots of chat huh it's okay taking a look at chat thank you guys so much for donations by the way chat uh really really appreciate that oh it's been exciting it's been an exciting time to be honest i feel like it's one of those situations that i'm like super grateful to be in crypto um like i i speak to people in hong kong as well right hong kong's having some tough times i mean around the world everywhere's having some tough times right um and uh like in many ways like i kind of point to the tv and laugh and be like yo that guy doesn't obviously doesn't have crypto right you know they're just crying and saying some sob stories i'm like obviously that guy doesn't have eve um i guess it's a little bit mean um but at the same time you know i'm i'm very grateful that i'm in the space i'm very grateful that like as a channel we learn a lot about this space right so um yeah that's it i'm being i feel like um all coins are definitely something i'm paying attention to this week um especially with d5 moving up again uh very aggressively i'm very very happy um i was even looking i was looking at duck dow and this is something that um it's kind of crazy right because the duck token was very very crazy in price right like it varied a lot so duck dow's community has two tokens i feel like um if you guys don't know what duck dow is duck dow is an incubator right they incubate projects and they have two coins right the ddim and the duck token ddim is for getting into projects so you have you need to have that project to ddim in order to uh let me d d duck dow dime which is this one so you need to have duck dow dime in order to participate in their chats in order to get allocations you need the duck dow dime and the duck token on the other side that's for long term right this is for the market making side for the incubation side right so i've huddled both coins through tough times right like there were times when duck fell like to some crazy like 12 cent times i think it was like dipping like absolutely insane people were losing faith it dropped down to 14 cents and then i was like holding all the way through farming that getting the apy but still i'm like looking at the price going down and then now it's like oh guess what guys guess what guess what 41 cents yo what's up knocking on the door yo yo yo what's up yeah so i think like looking in the future definitely incubations and incubators are gonna be huge right because there's so many new projects coming into crypto right now we're gonna experience that crazy boom again good and bad obviously uh um i realized that back in 2017 there was this thought right this anti-innovation thought oh all these coins are shit bitcoin is the only real coin every new coin coming into the space is going to be total garbage um the icl space is just trash it's a absolute scam right so i started with fat angle right because a lot of my friends were maximalists they only believed in bitcoin but then i definitely saw the potential in the ethereum space and the potential in the space that there are so many new projects being born right not everything's a scam but there are scams in there so i feel like that's kind of going to come back yet again there's going to be a huge amount of innovation huge amount of just like completely obliterating the traditional finance space i mean that that is what i'm excited about right like there's so so many simple operations that are done by banks and lawyers like i was like talking about escrow for property in one of my previous videos in hong kong this is can be done by a smart contract you don't need lawyers to escrow because lawyers can screw up too right anyways check that video out but it it's kind of crazy but if you think about it the global financial system is downright corrupt right so there's the bar is set very very low here if decentralized finance being open transparent to everyone and accessible to everyone if this can take off holy crap the amount of innovation that can be done in the space that's moving the world's financial system from like dog crap right to literally something that can be usable transparent open and just amazing that is a potential here so i'm super excited at the same time obviously there's going to be a lot of like mistakes along the way right there's going to be right now because the way decentralized finance works is very dependent on programmers right and the programmers make mistakes individuals make mistakes and shit happens all the time it's going to be a lot of mistakes along the way there's going to be a lot of blow ups along the way um yeah it's just going to be also a lot of people scamming and pretending they know decentralized finance when they don't it's going to be absolutely crazy it's going to be an ape-shit banana year all right that's that's the only time i'm allowed to swear on this channel it's going to be an ape-shit banana year this year just just mark my words on it but at the end of it it's going to be almost like a lot of people and including me right i was looking at the dot-com boom right the bubble the bust the dot-com boom um it's going to bust sometime i think crypto is going to bust and before i thought i was naive to think that oh maybe we can stop this as a community we can be smarter but now i realize that human nature is human nature you can never fight human nature right i think that's kind of some realization it's not about giving up but it's just a realization understanding that human nature is human nature it's just the way it is but what we can do is we can find the best projects in the space so you're finding like the googles the apples back amazon's back when the space was blowing up you know i still remember one of my friends saying you know just buy amazon okay just don't look at all the other crap just buy amazon um yeah it's pretty much it buy tesla it's the the exact same time buying the finding the right talent in the space becomes super important and then we have morning saint saints we are all apes at the same time there's definitely a lot of aping going on all right so um let's go very quickly for the news to be honest um i'll be honest on this channel like you know i've covered the news right um there wasn't too much it wasn't too much this weekend i'll be one of those i know like news channels never say this and they're like i hate watching news because of this like when there's a quiet time in the news they never tell you they'll be oh they'll just bring a bunch of trash and waste your time i'll tell you there's not too much news there's some funny stuff all right uh so let's see mr beast says on a live stream he's gonna be buying a million dollars worth of bitcoin to send to the moon so mr beast is a very popular youtuber i watch this stuff all the time um he's done some really great stuff a lot of philanthropic stuff as well and he's done he's just like got millions of views right now right so he's coming out he's like oh yeah i know about this bitcoin i'm gonna send it to space um probably not the best thing you want to do with bitcoin i mean if you just bought a million bitcoin hoddle it i think will probably work a little bit better just to be honest but he's like yeah i can have i can buy a million bitcoin put it online um just send it to mars that could work um that's generating news right so i guess this is like the top news of this weekend and that really shows how much news there was it's interesting it's interesting okay all right next up we have this one um this caught my eye on coin telegraph and i'll analyze this with you but yet again don't read headlines i don't read headlines because retail traders not hot shots like michael strategy made bitcoin in 2020 right big big headline right just like i was kind of expecting some like really strong data to pinpoint lots of retail interest and retail trading and that you know it was an institutional investors that really made bitcoin push up in 2020 i was expecting that right um not really this news there wasn't much here there they were just saying oh yeah it's like covid and presidential election haha um yeah so um yeah take what you want from these articles right now i feel like um coin telegraph especially is farming for views at this current point like they are trying to get as many views as possible rather than providing as much factual information as possible just like the kind of the suspected bitcoin double spend yes it's getting a lot of views but factually it was very weak um it was nonsense to be honest um it was something that we should have known like we we all know that double spends are possible on bitcoin that's why we wait for three confirmations remember three or five confirmations but anyways uh so just be a little bit careful when reading the news especially now in crypto it's just because um definitely 2020 i would say there's a lot of both retail there's a there's a lot of institutional interest we still know that micro strategy is just constantly putting out tweets grayscale also right they bought like 600 million dollars worth of bitcoin in a day in january this year right that was the introduction of interest there's also a lot of retail interest right now like obviously we have like i was looking up this right like if you're looking at substantial evidence for retail interest and search interest you can see like say the search interest for ethereum has grown like exponentially right that's a hockey stick up right so this is um a chart of the search interest for ethereum over time google trends for search ethereum it's worldwide data and i pulled it at five years so you can kind of see this was when 2017 right the interest for ethereum and all of a sudden 2020 and 2021 we see that peak right that the new peak coming and and i feel like this is just the beginning right if you actually really look at it um this spiked up we lost a little bit of interest when ethereum kind of stayed down and dropped but i do see like uh from my side especially in terms of video and data there's a lot more interest right now just just the fact now that we have like what we have a thousand people watching there's definitely a lot more interest but it could be i think like we'll probably reach like 30 33 000 people watching like concurrent viewers very very soon i feel like that's like the potential to grow here so yeah search volume for ethereum's gone up the same thing goes so with bitcoin search volume for bitcoin let me put that to worldwide also it's going up but it's not not at its peak yet right it's not it's definitely not at its peak yet i definitely feel like there's room and opportunity to grow and there's going to be spikes along the way too it's going to be kind of insane so um yeah take data as you wish right so yet again um i'm very very i have my skeptical eyes out like i'm i'm very very skeptical about anything i read especially headlines these days um you know when you go into it it's kind of interesting this is a defy article um ava hits a record 288 highest demand for flash loans and staking increase this has been very very strong this has been something we've seen for a while now right when decentralized finance you have more and more value locked up into these compound ava we got wing finance as well every every single day they're growing in terms of lending and people are using lending a lot in fact i always i also use lending a lot like for example you can deposit your ethereum and you can pull out usdc or usdt if you need it or if you um if you need to farm with it or do anything with it it's actually quite convenient so this year i've been after the whole defy wave i've learned very to use these platforms very aggressively and yes i pay the fees for those platforms right um if you look at ava if you lend out a coin um enter the app um hit the like button just while we wait guys hit up the like button thank you so much uh quaitadas uh samaha says uh yes aljazeera convinced my father who barely knows to work a phone to buy bitcoin and i think this year is kind of crazy right um i'm just waiting for it to load but it doesn't seem to be loading um i think it's because i haven't entered my password and stuff and all right there go enter the app give me a sec i think this year especially with how you know like one thing about this year i think if you're just watching the news and you're doing anything um you kind of realize how broken the world governments are it's kind of ridiculous um so yeah so like going back into ava i'll continue that thought discussion soon but ava is like where you deposit you earn apy so you deposit let's say usdt and you get 13 back and then if you borrow it all right you can um if you borrow it you're gonna have to pay 26 this is where the difference between this is where the platform makes money right so you people deposit on there and then people take out loans as well so it's kind of absolutely crazy like i've also been using wing as well if you've been farming wing i've been i've been in the wing farming space for a long time like basically um it's operates on ontology it's much faster uh much more much much more efficient so again you can deposit usdc and you can borrow out usdt that's what i've been doing i've been farming with this um for a while it's been pretty crazy uh pretty nuts actually pretty good pretty good you get pretty good rates on this uh we got only cake exists cake is really good for farming not stable coins so cake is great for farming cake right and wing is great for farming stables that's that's my two cents um but yeah so just going back to that as well so um if you guys are interested in farming definitely leave a comment i'm not sure how much farming information i should put up there i'm still very active in the farming scene generating that passive income but a lot of the stuff that i've set up is just fully automated now like i can sleep and um the farm generator generates money right very much like ethereum 2.0 like i i haven't talked about it for a while now right but uh my eve 2.0 node is still running and i'm getting passive income on that so um if you look at it so this is my node up on ethereum 2.0 you have to stake 32 eef of course obviously to start this but once that's up uh let me just let's go show you guys how that works so it's running perfectly at this current rate it's generating 11 apr and then this month right income this month is uh 0.3 ethereum which that's not bad 0.3 ethereum eth2 to usd yeah it's like 400 something dollars right per month just just sitting there right so this is the eth2 node that i talked about i did an extensive extensive guide on how to do this um yeah it's pretty crazy right so you can see the balance of this grow so you can see the income of this just grow over time so that's a daily income and then i'd see blocks where's the chart they changed the charting system here yeah they just changed the daily income now interesting interesting i don't want to view daily income i want to view my deposit over time anyways whatever yeah it doesn't say it's just they changed the view here for this interesting interesting but yeah that's that's kind of how it's going um for ethereum 2.0 it's not automated staking used it's quite involved you have to generate um the keys for it you have to generate you have to move to the deposit address and it's a one-way trip too which is why it's quite it's still quite like technical but if you guys want to look at how this is done check out box mining um uh box mining if node i have a video on that um as well to get you guys figure out on what's happening uh where's where's eef where's my eef oh there if mining versus staking and there was a staking one too yeah this one staking guide this is the one with 20k view yeah 23k views that was the one where you can learn how to stake and get everything but yeah if you guys are interested in something like this um um yeah there are some outliers says can you retract your rewards or can you withdraw your rewards right now no so when you're staking ethereum you're staked until um ethereum 2.0 fully launches and transactions or transfers are enabled right now when you're on ethereum 2.0 and you're staking you're validating um it's locked there until until a developer date i say this day very lightly i'm sure there's some people who will tell you the date they'll be oh it's late 2021 i'm going to refrain from doing that because my experience with ethereum developers is that they do kind of sometimes delay on updates so it could be one or two years until you see that ethereum again until you can be able to transfer that to exchange or whatnot right now ethereum 2.0 is a fully phase zero beacon chain it doesn't do much right now at this current point other than generate random numbers that's pretty much it's a it's a glorified random number generator that's current point but once it upgrades to phase one and phase 1.5 that's when transfers can happen and that's when you know things can go crazy so you cannot withdraw if you're staking properly the reason why you stake properly is because you keep the actual keys to your cryptocurrencies so i know there's a lot of other staking programs i'll take a look at them in the future i know binance is doing one i know staker is doing one um stakers tkr so right now you can use the staker protocol to actually stake as well and get the rewards which is actually not bad um yeah so you can convert to a if um and get the rewards but it's not so the difference here is that one of them you can't keep your own keys the other one is like it's this staker is actually not bad it's decentralized which is actually better than binance so if like there's two ways to go either all nodes or staker i would say um lots lots of doing that um yeah a huge amount of um activity here so anyways lots of half stuff happening tell me if you guys are interested i'm i'm still farming cake i'm farming bao i'm farming um what's it called again i'm farming duck um i'm farming um what's that called again wing yeah quite a lot of stuff going on i'm also doing the funding rates right now for passive income yeah lots of services pretty good like i don't know can't complain uh fun times uh quadra sam samaha says um alt season comes and disappears faster it does it does there's a lot of risk here too um definitely definitely it's crypto is highly risky highly great highly risky and just doing still pretty well too but yeah um i think that's pretty much what i want to cover today um paul paul says i use anchor for staking uh yeah farming bao it's farming bao now it seems so popular i mean interesting interesting anyways guys so um kelly green says how do you pick all coins i do a lot of research on them i do calls with them i do a lot of research on them it's a lot of time like you you you interview the team and the best case scenario is you ask some very weird questions and see how to respond to figure out what's that type of type of person they are um you'll notice this in my videos if you watch a lot of my videos where i interview people i'll kind of ask an off you know kind of an oddball question right you're not really looking for the answer you're looking for how they answer it i think that has been my strategy recently like calling co-founders and just throwing out weird questions out and then just figuring out how they answer you know like are they going to be aggressive at you are they going to be uh very confident are they going to refer to someone else um yeah this this becomes very very interesting um to do so you'll probably notice that in my videos um if you look at it and it really does help as well um people are asking about chats um let's see uh we have a discord server the score discord server is down there if you guys want to join it the telegram group is so closed i'll figure out time to open it but right now i feel like um it's hard it's hard i saw anyways uh that's pretty much it um detail info on farming please i'll do a detailed video on what farm is doing um you know uh what farms i'm into what i'm doing as well and just give you guys an overview that's coming up very very soon as well um yeah with that guys i feel like today that's kind of wrapping up i don't have that much news for you to be honest um you know i i was looking for more but there isn't oh there was a little bit of hype about announcement of announcements on on grayscale it's not grayscale let me just double check um yeah it's not much strong oh there's a vape vape company uses vet to fight counterfeits that's pretty cool um in um actual usage for crypto right um what was the other one yeah it just wasn't too much to be honest that's the honest truth let's see yeah wasn't too much not too much this weekend we'll see each other um midweek as well i'm definitely gonna be a lot more aggressive this week in producing content well maybe we'll see how the market moves but i'm being aggressive in the crypto recently so i'll catch up with you guys um i'm probably gonna do a live stream this week as well so make sure like midweek so make sure you click down the subscribe button down below that really does help and keeps you up to date also the notification bell too if you click that if there's any live stream that comes up um that's unannounced um you'll get notified on there as well and yeah that's pretty much it we got the chinese new year coming up says angela wang so that chinese new year bitcoin dump we're talking a little bit about that and i definitely see that this is um going to be one of the issues or one of the things that can bring crypto down so we definitely have the article there this has been updated um this has been historically the point where people get freaked out the most right so during 2019 it was when the dump was the most severe but that being said there were times when it wasn't so severe as well say for example early 2017 when a dump of um bitcoin wasn't as strong right so if you just check out the article um chinese new year is coming up soon so i think a lot especially in asia everyone's preparing for it now um we have a lot of chinese new year music um this is when you know it's coming it's like christmas music coming early right chinese new year chinese new year 2021 um it's coming up on the 12th of feb so it's coming up soon i'm actually quite i'm actually not very concerned about it now because we had the dumps prior to this and then i think when chinese new year does come i think it's not going to be that savage anyways anyways we'll have to see i'll have to see but yeah it is the year of the bull um it is really exciting so we we definitely want to point that out it's a year of the bull this year pretty optimistic if you want to believe in stuff like that but yeah anyways that's pretty much it um yeah yeah um joey rocket crypto says at box money announcement of announcement is grayscale will be releasing news posted three hours ago from grayscale ceo yes i saw that i was like wow this is like really 2017 gameplay coming right here so uh i thought that was kind of funny um but let's see yeah so that was from michael so sanserson says i can't pronounce last names obviously but i saw this this morning i was like it made me laugh like stay tuned crypto twitter at grayscale and i have something good for you in the am yes this was that was the announcement of the announcement of the announcement i mean this is like 2017 coming back so yeah anyways guys that was that was the news that was the news that news is coming anyways guys thank you guys so much for watching today smash up those like buttons really appreciate it um ping me down if you have any altcoins you're looking at i'll be looking at altcoins all this week too um yeah congrats on bao if you guys have any and with that guys thank you guys so much for watching see you guys next episode i'll 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 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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 or 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 so so so so so so so so so so so so so so so so so so