(Monday) Crypto and Bitcoin Livestream: BULLISH indicators coming in? Altcoins to watch?

live button right now and we are starting so guys welcome back to another episode of box mining live stream where we take a look and dive deep into what's happening in the bitcoin ethereum cryptocurrency space now we're approaching today over here it's march the 29th and yeah we're approaching the end of month which is classically seen as a very bearish month both february and march there's kind of quite a few events like chinese new year tax season that coming up which causes these two months to be particularly bearish overall lots of market movements downwards typically speaking but as we go through and we finish up march we're finishing very very strong we have bitcoin moving up staying very steady we tested basically the support twice this month and the support really held very very strong support that we have for both bitcoin and ethereum now we're also going to talk a little bit about what's going on next because i feel like why i'm so optimistic about bitcoin is because of the setup that's coming like future listings we also have last week we had a discussion about future etfs coming in so we'll look at the news and we'll look at some of the bullish indicators in this case and of course the case of some bearishness as well that being said also but with bitcoin and ethereum staying relatively stagnant so throughout this month we probably knew that bitcoin and ethereum did not moon you know moon to crazy levels but of course we are seeing moons happening in the all currency space and we're going to take a look at a lot in the all currency news and we're we're reaching a point where we're having a crazy all season so the all currency meters are going oh it's overwhelming but that of course begets the question you know when is it gonna end are we gonna see the cyclic pattern happening where alts rally up reach the peak of all season and then drop back down so we'll talk a little bit about the alts in today's episode i'll talk a little bit about my strategy and what i'm doing right now dealing with the whole marketplace the whole insanity that's going on and we'll cover a lot of the news that's happening so that's gonna be the setup for today's episode obviously guys um i really appreciate if you click the like buttons down below if you guys want very very independent news right this is news that is highly analytical not influenced by mainstream agendas and such this is the channel for you click the like button it really does help this channel grow especially with how youtube is treating youtuber crypto youtubers these days please do smash the likes it really does help the channel and of course click the subscribe and the notification bell youtube of course they kind of filter a lot of crypto content if you guys want live videos up-to-date news make sure you click that notification bell too let's get started all righty guys let's get a quick look at the markets so yes last 24 hours for bitcoin and ethereum was not packed with action to be to say the very least so bitcoin we're holding very steady at 55 000 and we have ethereum as well at almost almost 1700 just before the stream we had a chat we're like oh yes we're we're almost hitting 1700 let's go guys let's go because there's a lot of potential on big on ethereum in particular so we'll take a look at the charts today on that right now the asians are waking up so this is right now a monday morning 11 a.m here in hong kong and we definitely see that momentum as well where asians are really really bullish on cryptocurrencies and something i've noticed also right just kind of on a fun side note is that asia wasn't very big on decentralized finance until it really hit everyone now asians want to be at the top of everything they want to be the best at say nfts decentralized finance it's it's kind of like a shift in momentum that fear of missing out is really kicking back in in asia so what i'm trying to see in the market this afternoon especially for today and this the coming upcoming few hours at least for me here is to see how bullish the asians are this week because yet again monday starting of a new week ending of march pretty exciting times to say the very least now let's take a look at the main indices first and then we'll move on to the altcoins to talk a little bit about what's happening so bitcoin is actually entering a very exciting state right now so right now we got bitcoin you know i drew these lines it's it's what i really look at these golden bars here all right so 61 000 is where we see the resistance for bitcoin and then of course we saw the support roughly at 55 000 50 sorry 45 000 now i want to take some notice to the 21 day moving average that's a little green bar up here you guys can see that up here there's a little green bar this is 21 day moving average and what we see on 21 day is that we're really we're touching it right now so this is a very very important time for this week because if we can go above the 21 moving average like we've done so in the past say in this situation of over here we could drastically move up in value as well so this is where i'm kind of eyeing this is a very key pivotal time 21 day moving average you can also see the cross over here as well this is another cross where yes indeed the 21 day moving average was above the price of bitcoin on january the 22nd but the moment bitcoin crossed that 21 day moving average you can see that almost explosive growth that came up here so we're kind of eyeing that to see if bitcoin can really perform all right we're crossing that once more and then to see if we can grow above and beyond that so very very like very key point for bitcoin obviously because in the past few months bitcoin hasn't really moved beyond this little golden bar the action of course has been really centered around the alt currencies it's just not moving enough for like everyday traders who are just constantly refreshing a page so that's kind of what's happening in our markets right and you take a narrative we'll take a look at the ethereum narrative as well so on eif we have kind of a similar story but something even more interesting as well so yet again eif it's been sitting in these two main golden bars for quite some time right so this is two thousand dollars and also 13 or around fourteen hundred dollars and these two golden bars this has been going on since february now something that is interesting right now is we have the 21 day moving average and the 50 day moving average yet again it's below these two points and ethereum is really poised to kind of make its move right now right that's that's kind of the key that i'm kind of looking at is can ethereum move and kind of attack approach this 21 2100 attack that a little bit more so there's a lot of movement of momentum i think ethereum got a lot of hate over the last few months to say the very least because ethereum costs on sending transactions interacting trading on uniswap if you guys have ever traded on uniswap it's right now it's like 40 to 50 dollars per trade right you're paying gas prices and people are freaking out about that if you compare that to something like binance smart chain and pancake swap which is kind of the equivalent they mirror each other well on you on pancake swap pancake swap on binance smart chain it's much cheaper it is much cheaper it's literally like what 11 cents to say the very least so 11 cents versus 60 dollars or 50 to 60 dollars is quite a big difference and that was outpricing a lot of people on ethereum but that being said of course scaling solutions are coming on ethereum and we have a very exciting development of uniswap v3 coming up as well which gave me a lot of excitement so that's kind of the current gist of things ethereum and bitcoin have been relatively stagnant which is causing the old coins of course to go quite crazy so if you look at everything that's going on past 24 hours harmony decentralize the graph the graphs back theta network kusama you can definitely see a lot of excel a lot of growth in the space the only like a lot of times what i look at you know like when i briefly look at the markets in the morning is i rank the past 24 hour growths and the declines right so you kind of try i'm trying to look for asymmetry here right that's kind of important to see basically how uh how many coins are going down versus how many coins are going up so the biggest underperformer is the bitmax token all right so that's down 33 but the rest aren't really having there's only two double digits over here in terms of um decrease and in terms of everything else increasing you can definitely see the asymmetry here it's not as it's not super asymmetrical right this current point you know sometimes we see this explosive growth but i definitely see that in the markets the performance of all coins are greatly outperforming both bitcoin and ethereum so at this current point so um and also even like even for something like anchor and bitmax they've been growing astronomically over the past few days and that's kind of explaining this pullback because you know whatever goes down it's got to kind of pull back at some point right so if you actually look at the rainbow chart which is something that i do really look at and you can definitely see the altcoin season is coming back in so the indices has finally toppled and pushed beyond 75 it's right now the indices is that's 82. so how do you read this so when it's in the red so when the market is in this red zone right here this is when it's mega hot for all the altcoins this is the altcoin season right so we just peeked into the altcoin season so this is a very very exciting time this is where we're going to see a lot of that tension and and you can definitely see the climate is perfect for this right now right you know people are a little bit bored of bitcoin and ethereum right especially people who are looking for that thrill the throw of that trade so that's i think that's what you saw like we so you see that picking up so this is a very exciting and a very dangerous time because obviously last time this cycle happens you can definitely see these the cyclic nature of all quaint seasons right so you can see like let's look at two years it'll probably be a little bit more obvious so this year was very very clear so 2020 is very clear it's just a cycle and you also see that a little bit in june 2019 as well where you see a major dip kind of a one major huge altcoin season up here dip and then you know you can kind of see that here i would say that it's a lot more pronounced in more bullish markets both 2019 and 2020 were very very bearish so in that sense right now this is kind of the true test of the altcoin season how long will last so i'm actually really excited still so we we breached that point where we have already entered this altcoin season this is where it's going to be super exciting but at the same time obviously there's going to be a fear of this major decline now this is where management becomes very important financial management financial planning so not financial advice on this channel for me i've always segregated out my bitcoin ethereum and my altcoin portfolios so if altcoins crash to zero one day i am still fine right i think that's the key for what i've done in this cryptocurrency space which is i've kind of segregated my both my mind and my portfolio out so having a both of bitcoin ethereum v chain and then of course my kind of long-term hoddles which i made a video also medium-term hoddles which i made a video of around six months ago and then of course the most aggressive alts i have like kind of a second segregation for this why if why do you ask me is because if all queen season rises like this right if we hit these crazy seasons we're gonna have these insane gains right i think all queen gains have been just like it's mind-boggling right sometimes you see markets move up like 50 to 60 percent per day right it's super exciting super thrilling like sometimes you're just like wondering wow what was happening and i i've had that you know in the past week quite a bit of times right quite a few times i even just like something small like wing for example even or even kick k pad which is something that uh it's a new launch pad um um by the smart chain that just took off right so it's very thrilling but at the same time something to remember about alts right the word of warning here is sometimes alts can decrease drastically so when you okay kind of you kind of saw the collapse of alts around in september last year where just all of a sudden dropped and you know when the oakland season drops it really drops drastically and a lot of coins get taken and swept away with it so a lot of people who aren't aware of what was happening especially i think last time what really contributed big to the all queen season being so disastrous or or the bear the the the bitcoin season being so successful depending on how you want to look at it is that a lot of times it has to do with the mining coins right or the yield farming coins rather so say for example like you saw these huge let me just take a look at this all right these huge declines right over something like sake token or whatnot it could be the case where like all right this one was very pronounced or you just needed to zoom out a little bit i was trying to give the example but like initially when the token launched it was at two dollars and then you had this huge decrease to six cents right from two dollars to six cents it's just absolute wipeout right going to zero is pretty much it so that's kind of a situation where i'm preparing for myself during this all queen season where i'm completely okay if it goes down to zero i'm staying on because there's a lot of excitement there's a lot of action there's definitely a lot of movements asymmetrical movements up where sometimes you get like doubling or five xing in a space of a very short period of time a week but at the same time i'm also prepared for it to go to drastic zero now that being said of course i'm not speculating too much on anything that is yield farmed right so a lot of people are asking me something like oh what do you think about egg or viking or taco and you can see the same pattern really occur right so say for example goose finance egg it pretty much had the same effect where like it started off quite strong it went all the way up to a hundred something dollars or so and then it can drop drastically this is something that i'm quite aware of this is some this is the same pattern that really happened from the last time we had a lot of yield farming craze going on so this is where i'm not too much speculating on coins that are generated by yield farms right that's uh that's quite key and i've said that repeatedly throughout um the last few months that you go there for the free food you go there for the free eggs free vikings the free tacos take your free buffet and then don't like then of course i kind of de-risk that along the way as well so that's kind of uh where it's going now obviously i'm super excited for what's coming next for all coins like we're entering all queen season it's a great time to look at the innovation in the space right so a lot of people like all coins can be trigger a lot of people some people love all coins some people hate all coins the way i see it is that this represents the most innovation in the space right and it brought to us a lot of what's happening in say for example decentralized finance before a lot of times say for example you just hold bitcoin and just have to hold it forever but now you can hold bitcoin deposit it convert it over to say renbtc wpdc wrap bitcoin so take your bitcoin move that to ethereum network then stake it somewhere use that to take out a loan for other coins this is additional functionality that a lot of people are looking for so like recently i talked a little about about having these lending platforms about how this can really disrupt banking we see insurance coming through as well this is where the innovation is at so i'm excited for this season i'm also terrified of just how much crazy insanity there could be going on i think you know i generally try to cover the the ones that are legit but sometimes during all queen seasons of course there's going to be absolute insanity and a lot of times generating value less projects and that's that's not good but that's where this channel is about right this is where our community comes in where we filter out find the good top performers in this time and they have the ability to grow to the beyond the stratosphere to the to the moon right okay i love and hate that phrase but you know that's kind of what's happening so definitely we definitely see the the start of the all queen season so you know this this is a time where you know you know in game of thrones i'm gonna make a game of thrones reference here you know you see the first drops of snow right winter is coming that was like season six there was a shot where like the first flake of snow falls on king's landing this is what we're at now this is when the first not the snow but the first fire that lights up right this is going to enter that all queen season it's going to be totally insane but you know you just have to be mentally prepared for it that's pretty much it now michael acton says this all queen season is going to be a record breaker and i think so this is not going to be like a normal all queen season i definitely feel like you know 2020 2019 there were there wasn't as much retail interest but now with the whole nft craze a lot of retail like i've i've been noticing this a lot on youtube recently everyone's like oh to the moon and using all these crypto memes like a lot of youtubers that i follow and just watch that usually never touch investments so like lifestyle or cooking or you know that's or fpv photography like those channels are now all talking about like uh bitcoin or like even like random people like potato jet is like he makes a lot of videos i watch his videos on like cameras and stuff and he's like oh my girlfriend bought some cardano and we sold it i'm like whoa congrats uh and then you know he's like bought a bunch of stuff so yeah i saw i'm just seeing that a lot so i think this time this cycle is going to be insane that being said of course you know you know it's like i don't have i don't want to over caution people and that being said um there was a message i saw recently that really kind of like made me a little bit upset um this was a private message to me and this person was like oh hey box i really need someone to help me out here i've been aggressively trading leverage trading and uh thirty thousand dollars i lost off my own money i um and to make matters worse you know after he lost his money he tried to make it back he borrowed ten thousand dollars from friends and family and he also lost that and he's like oh bail me out bail me out i'm like oh man like how do i begin to help these people right so this is where a lot of times i try to warn people on this channel like definitely manage risks that this is something that this is one of the first priorities for me here it's it's a story where you know like they're like there's a reason why i don't aggressively touch leverage trading all right there and and that's you know a lot of people will call me a pussy a wimp for not going leverage doubling up my gains tripling my gains 5x 100x my gains but at the same time i made some solid gains without very very few losses in between right that's the that's the way i prefer to go um you know obviously i made losses i've obviously i made you know a lot of videos where you know i've lost like 75k one go on yam i think i was i guess you guys probably saw me during that time i was pretty upset all right but that being said of course major major gains on both bitcoin ethereum ve chain has been kind of crazy it's like 22x over the last year or so and then we have a lot of other big gains coming out of the a lot of all coins i mean hacken did super well happy as well cyber fight is super well like you don't really need to like you play at your strengths right and i feel like um i don't want to brag here but i was just thinking like that's the way i kind of operated and it worked and for everyone else out there like i guess the best point of advice is actually to find a financial advisor to plan out your strategy and that makes a lot of sense right i think there will be a point when you know you go to financial advisor and you say oh i want to leverage trade 5x all in all my money on something they'll probably be like yo that's that's probably not a smart idea so go find a certified financial advisor at least talk to them to figure out it doesn't always work like obviously a lot of people are shitting on financial advisors i'm not a financial advisor but i sought the help of financial advisors i took some of their points in not everything and that's kind of the way um i built it so um yeah so that's a lot we got j parses goose got cooked yeah it's uh it's it's been hard i mean the problem with a lot of mining coins and why i kind of stayed a little bit away from them is because of the heavy inflation it's because every day they're printing a lot of coins right this is even worse than like the us government at a certain point because if it's purely mined right if it's purely mine if it's if it's mine for only one day and and sphere fair launch which is great if it's mine for one day and it's fair launch that means on the second day the supply will just double right so it's like one day you'll just double the supply right so just think about that right think about that that's that's the scary part so anyways um uh they still have a lot of these coins they have to deal with that inflation which becomes the bigger problem all right so that's kind of the stage we're at we're having we're having not too much action on bitcoin ethereum well we're arriving at some key points at the 21 day moving averages and then let's take a look at some of the news that is happening around the world so okay okay so uh let me just catch on the comments um uh jay parses oh you are the best michael lol uh um nathan singleton says i'm convinced i'm watching a crypto multi-millionaire the thing is the crazy part about bitcoin is like bitcoin you see so many whales like like the amount of money they have it's like insane right it's just insane i'm not i'm not a whale yet but i'm that's my aspiration so aspirations is to to get somewhere uh john weaves says john weems says eve is quite a snoozer it is but it's like um a lot of people would move away from eve but that's where um my portfolio management comes in that's my strategy is like my bitcoin and my eve i don't really touch right so my primary ethereum address that hasn't actually been touched for like three months four months now i have not touched that at all same with bitcoin reason being is because if they makes any sudden movements right like like if you're if you're in a long-term investment mentality like it doesn't matter what happens in the short term so that's why i have a kind of separate brains and then this is why i feel like i a lot of times i self um i contradict myself a lot but anyways that's that's there uh all right so all right here we go we we got some updates on coin desk um so we have this not not coin desk uh yeah so this news is on coin desk but this is something that's relatively interesting so this is march 27th um this update where duke university's early coinbase based investment could be worth 500 million dollars holy sheet holy sheet guys so coinbase you guys know one of the biggest exchanges in the u.s they're going the legal route they're going for a full initial public offering that's coming in a month's time all right and it's kind of something interesting is that um so two people familiar with the matter said that the 3.7 billion duke endowment was included early on in the cap table of coin page which is expected to command the price tag of around a hundred billion when its shares debut on nasdaq these shares are now worth a small fortune in the order of nine figures the source as it said so duke actually managed to get in very very very early so so the theory is that they probably got in in 2015 and this is basically the growing industry right this is one of the reasons why like it's kind of funny because in 2015 if you kind of rewind the clock a little bit right 2015 that's six years ago right a lot of this stuff was not kosher at all it was not okay to talk about it but it's interesting that a lot of these like university funds a lot of family offices and a lot of crypto funds they managed to get their investments in early which turned out to be one of the biggest unicorns of this year a hundred billion dollars right of coinbase shares being debut on on nasdaq this is gonna be the next crazy gold digging gold gold mine for the guys on wall street this is one of the reasons why i think like this year that momentum is gonna carry both in retail because we see retail interest already coming with the whole ndft space but in the institutional space as well this is where a lot of people who realize oh yeah the people who didn't listen to people like the people who didn't listen to the fear uncertainty a doubt the the fear and bitcoin they're making it huge and not just small huge right like nine figures plus maybe even ten figures huge that's something all right so i feel like this is this point where it's not really about it's not really about um who's right or wrong a lot of times you know in crypto you try to debate people about you know all these theories it's not about who's right or wrong whoever makes money that's what matters right anyways we got uh we got some other positive news as well we say bitcoin holders are not selling inactive btc supply hits a three-month low and this is something that i definitely do as well where i kind of take my crypto out of exchanges and leave it on a hardware wallet um and yeah i don't have actually i have in my pocket actually i was like looking under my table no hardware wallet guys um it makes sense so this is this is something you can definitely see when people pull out their crypto leave it on the hardware wallet and i've definitely seen a lot of my friends do that too like a lot of whales are just like moving the crypto out um there has been debate i i saw an interesting article right so this is very very bullish news for people because at the end of the day if that supply is inactive that means there's a low lower float on the um this um on the market which is good for a few reasons which is um good because people are huddling people the true believers are believing even more and then of course the lower the flow the more kind of potential up upside there is when the demand gets very huge right and the the kind of available flow on the market can't satisfy the supply then the only way to go is up so that's kind of very very bullish indicator coming in and as we move across from march to um april that might be something cool all right we also have this is kind of interesting so um the former occ acting um comptroller brian books claimed that cryptocurrencies like bitcoin actually are backed by something this is something that we definitely see this year where we're kind of moving beyond this pure blanket statements that bitcoin's backed by nothing it's going to zero i mean yes that that's been i mean okay the reason why i hound on this is because that was a big thing back in 2015 but anyways i just proved to you guys that 2015 if you guys didn't believe what all that media flood said you could be making it big but something that's also quite interesting um is um this statement that i said here i highlighted this so so when you do that it means that the dollar is at least 40 percent less good store value than it was a year ago so this is talking about the dollar supply and comparing this argument comparing fiat currency or a government produced currency like the us dollar which is technically backed by nothing versus bitcoin which is technically also right backed by nothing actually it's backed by electricity but anyways beyond that point but something that's quite more interesting about bitcoin and this argument is flowing in is that at least you don't get 40 percent in mass inflate um mass printing of money right inflation hasn't hit yet which is kind of interesting on a us dollar but a lot of people are a little bit scared of that so this is one of the reasons people opt to bitcoin off the bitcoin all right so you definitely get more mainstream attention you get more and more reputable people talking about this but also i found that something that was interesting that offers a comp um a competing view all right and this is where it makes bitcoin very interesting because it's not black or white so this is one of the main trending comments on reddit which i find very very interesting so unpopular opinion bitcoin is a hyper growth tech asset and not necessarily a traditional repression proof store of value and we should be careful with the label the labels we put to it so this is where the debate kind of um rages on and where if you look at the history the price history of bitcoin right this argument really goes um basically if you want a recession proof currency it needs to be very very stable during times of just total insanity right so this is a situation where bitcoin is not at at its current point and i completely agree with that at its current point bitcoin cannot function as a store of value or at least it's not functioning as one yet all right this is because if you look at the market crash last year i think the best example would be at the exact same time last year right a year ago if you guys kind of refresh your memory back to that time when coronavirus just hit the world stage right everyone was like freaking out about that and then stock markets just completely plummeted right there's like when that fear came boom right like everyone was like freaking out like the diamond princess right one of those cruise liners their shares just tumbled right princess cruises and this also same thing happened with bitcoin right so bitcoin fell to 3 500 ish levels during that time very much correlated and very much more all right it fell even more than the stock market all right so if you look at the price history yes bitcoin is highly volatile but at the same time we have these debates of bitcoin versus fiat because the main functionality of bitcoin is that it's a currency that's above the government right this is kind of insane right it's above the government and that's why it's a more valuable than a fiat currency is because there's no mass printing of bitcoin no one can say oh yeah i caught a bank of bitcoin and massively print that right it's also a global currency so regardless where you are in this world whether you're in china whether even in the us or the or africa regardless of where you are as long as you have internet access bitcoin holds its value bitcoin is the same currency you use the same bitcoin as everywhere else even in north korea right we've seen articles of north koreans having bitcoin right this is insane so this is where bitcoin does have its its its eventual goal is to be a currency that is beyond the governments right but we're not there yet so i feel like this is a valid argument like if you look at this as a um um as a view of a hyper growth tech asset and it is it does display the signs of it like right now it's being treated at a very aggressive level so when tech goes up like sometimes you can see the correlation between bitcoin and tesla especially after how elon kind of is pushing bitcoin a lot but yes the same people who love tech love bitcoin and a lot of times it behaves the price of bitcoin behaves like a tech asset but the long-term goal right this is long way down the line we're only at the first 11 years or bitcoin so far so a long ways down the line like maybe 40 50 years bitcoin can be that reserve currency so i feel like i feel like this argument makes sense um and that offers a completing competing view with what we saw earlier where you know right now people are still arguing but people are arguing about you know what's going to happen 10 years in the future anyways beyond that all right time to hop into something um that's hopping into something we got eggs okay so freebie time freebie time freebie time so i told you about this guys last friday all right and this is a freebie all right you can get an egg so this is called a pokemon pokemon all right pokemon with polka dot pokemon not to be confused with the the famous pokemon all right pokemon here you get to claim these eggs all right so this can hatch into a pokemon which is a monster all right and right now you can get to claim one of these eggs for free well not for free you got to spend your gas so a little bit of gas you can claim your pokemon right so we showed you guys that last time i did claim my pokemon egg so you still have a very limited amount of time to um to claim it so just be careful if you guys are interested in it um do claim it before it's too late uh let me just throw that on so you can claim your egg let me just throw that onto the account that i used to claim my egg so box mine dot um if let's go refresh that congratulations claim your egg yep congratulations you have successfully claimed your mysterious egg it could be something interesting right this is one of those situations where a lot of people who are in the know uh it's like it's like almost like the people's thing right the people who bought people's for a dollar you know they're very well off this is an egg um it costs i think for me it costs around less than ten dollars a claim but if you claim one it could be something interesting so just um heads up on that so your egg claim i think it's less than like it's less than a day now so if you're on the stream if you're watching the stream now just go ahead and claim your damn egg i uh thank me later for that um also that being said of course um pokemon as a project that is launching on polka starter it's coming up in two days yeah if you it's playing straight into the nft craze it's going to be crazy the raise is tiny like 90k raise it's insane uh max allocation is 500 bucks so yeah try try um if you're in you're you're in some crazy times um michael says only 180 people will get a pokemon that's actually not good all right so so we try to claim it it's kind of like uh yeah if it's a hundred thousand what is that okay so it's 180 people 180 people divided by 100 so it's like the biggest game of luck basically so less than one percent guys so you know what to do you know what to do you know what to do i see some chats on this already people are like making bots to claim this but anyways anyways i just claim one so what's all will be uh we'll be there all right so let's go let's catch up on comments before we continue on the altcoin news we'll do a few uh few few quick seconds of comments and by the way guys thank you guys so much for tuning in today we have 700 people watching that's great fantastic love it and also guys smash up those likes really appreciate it guys if you smash up those likes it really does help this channel grow send your comments as well the chat's been amazing today i always read the chats um and i try to my reading is a little bit slow but let's catch up on a little bit so um bullish vitalix is how much gas for the claim so this is regarding pokemon so let me just go very quickly to see how much my claim cost me last time so let's see here um all right claim function this is the registration function now it's cost of that all right so it's around ten dollars right nine point three four dollars it costs around 0.0055 25 efer um it really depends on how much a gas price is at that time but if you can find a part time when the gas price was low it's around ten dollars to try to claim an egg basically um and you know hopefully fingers crossed fingers crossed where to claim the egg um let me just give you the the link guys here so uh let's see did i close it already so yeah so apparently more than a hundred thousand unique addresses claim the egg that's also kind of crazy if you think about it it's like ten dollars to claim if it costs ten dollars in terms of gas fees to claim an egg right and a hundred thousand dollars try to a hundred thousand unique addresses try to do so that also means that it's around a million dollars in gas transaction fees all right like if you do the math there it's a million dollars in fees just to do that so crypto guys just to claim free eggs it's it's insane right your mind's blown like it's at least a hundred thousand transactions and the cost of that will be one million dollars plus just to claim me to claim an egg we've got glimberg juliano says it cost me fifteen dollars so it depends on different people so i guess 15 to 20 and we got ronnie race is around eight right now so it really depends on the gas prices at the time of the claim um we got james m says i hope max kaiser was right about this european central bank bank failure in 2021 um it could be i think i think the traditional bank sector really does have a little bit longer i think the these failures that people are talking about they do take longer to come out about uh it's just because like just before a major catastrophe the banks just like power and more money and there's a lot of craziness going on so i would say on um i would say i'm going to count on it that's not what i'm counting on for bitcoin but what i am eventually looking at is that the eventual downfall of the banks i think that's um inevitable um there we go um andre flutin says you get nothing if they don't pick you i think so but hopefully hopefully hopefully maybe you get something i hopefully hopefully hopefully not but it seems like that way um we got llama 666 if my egg doesn't hatch i'll just cook it i think the sad part is i think like hopefully someone in our community will get it that's my hope here right my hope is someone in our community will get it i hope the people who are running bots so what i've been hearing is that people are just making new accounts automating the making of new accounts and it's all of them claiming or trying to get their eggs right so hopefully that that doesn't work out but you know like i'm hoping someone in our community can at least get it all right um we got dan bronco says michael are you selling those shirts in different colors i'll try i'll try so i'm trying to like um so i there was a period where i was trying to make merch um but it takes time right and right now it's like most of my time is going into all coins um now majority of my time is going to all coins um it's exhausting um it's accelerating um you're trying to suppress your emotions but it's hard but yeah it's all coin season baby uh i'll try to get an ape season shirt or something that'll be cool and do some different colors but if you guys have different colors and tell me what you like tell me tell me tell me tell me all right let's go very quickly to what is happening in the the news and the all coin space about what is happening actually very quickly i wanted to do this one this is quite important so indian government companies must disclose their crypto holdings this is actually quite interesting because i think this falls directly with a lot of new companies buying bitcoin like tesla and made to show show all right those are two big companies are on the news oh we're buying crypto so now indian government is requiring companies to disclose crypto earnings and the industry welcomes the move but keeps its expectations low this is actually quite interesting because if the government requires this right it means that this is something that a lot of companies can or will do before they make this law right so i feel like this is actually a very bullish sign that companies must disclose their crypto holdings i mean everyone wants to follow elon's suit especially if you're a tech company i feel like that's kind of the general trend now if you're a tech company then yeah like um you got to disclose it which is you know it is good all right we also have a bit on optimism so this is the ethereum project optimism this is one that's expected to scale to help scale the network it's kind of the layer 1.5 everyone was talking about yeah it's gonna be delayed a little bit so this is fully expected i think this is something that you guys have to really realize with cryptocurrency and developers developers always are on the optimistic side of things and generally speaking like when i did project management for tech for my gaming company you typically want to multiply the the time um which a developer says that something's gonna come by by two that's like a general tip so just think about like ethereum proof of stake ethereum 2.0 multiplied by by two same thing with cardano uh something that's interesting that's coming up with cardano is like smart contracts are coming to cardano this spring okay maybe maybe this spring if you're hopeful but you know i would say multiply the time frame by two maybe expect it to be done in like summer right like um smart contracts coming to cardano is such a big thing right this is the thing that really put me off cardano is that in the previous roadmap this smart contract feature was meant to be done in around 2018 2019 time all right and then we waited years and years and years and it still hasn't been done the reason why smart contracts is so important is because it's required to deliver what cardano is promising which is a network that allows for decentralized finance a platform where programmers are free to experiment and produce very very very powerful applications and you can't build applications if there's no smart contract it's if it's just dumb money it's useless right so this is what's so important the expectation right now all right is that it's going to be done in roughly april as soon as april as soon as april but i gotta read between the lines as soon as april don't get your hopes up too much but you know fingers crossed um i'm gonna think oh my god we got so many cardano is very very controversial and one of the reasons why i held back a lot on cardano was because of the speed of execution so anyways let's hope it goes well you know developer time frames and timelines multiplied by two or maybe like five or ten you know i know i have a smirk on my face but that generally does help a lot now here's something insanity coming from the nft space so we got the unit swap v3 nft has been sold for more than half a million like what so apparently this is our piece right that's um a that represents a unit swap v3 it's sold for 310 eef right which is worth half a million dollars to a dow like crazy crazy this is the thing with this is the thing with arts like like i don't know i don't know i don't know it's it's the artwork coming in and it's these numbers are astronomical i hope they stay like that it's gonna be fun all right and then also we have to and on the nft space as well we have the weekend you guys listen to the weekend a new song living in the nft space coming soon so yeah um if you want mainstream attention nfts man we can maybe listen we'll buy the nft representing a song and then you'll be that cool kid that's like little they didn't know i own the nft to the song okay all right so that's coming up we also have a project that i'm looking at quite aggressively so um you guys are looking at all queens and this space is super innovative right super super innovative so so um a position that i took on recently was shift so what is shift doing right it's kind of interesting and this is why i love and hate all coins and why it's so exhausting right unlocking trust identity and credibility networks for humanity oh my god that that language right so this is something i hate which is like this flowery like large-scale language but it's quite simple to be honest it's basically about preserving people's identity and also verifying where their identity comes from this becomes relatively important you think i think you guys probably know but something that um i do quite a lot is try to look at these underrepresented sectors right so what shift is doing is that shift um they're essentially doing an issue with identity management and one of the things that really struck out right and that's happening on the news that's kind of you kind of combining everything is financial task force right now the f f a t f a um that is looking to regulate how virtual currencies and these decentralized exchanges and what d5 is doing how it works right because this represents a huge area where it could be possible to launder money in this space but if platforms track stolen funds if they track certain identities in certain ways that becomes something very powerful so it's a situation where yes i did participate um in the shift um sage investments and the reason why is because identity becomes something very critical in the future if if there is a way for and i definitely see that this can come in the near future is for projects to include ways to filter out bad money right and this is quite key because bitcoin had a lot of kind of thrown at bitcoin because bitcoin was initially used in the silk road right so this is like like a auction house for illegal goods right it's like the ebay of illegal goods and bitcoin was a currency for that this is no longer the case but early on in the early stages of bitcoin there was a lot of dark money being moved by bitcoin and this is something we don't want to enter decentralized finance like i think that's something that we can all say we don't want to support we want openness but at the same time there's a limitation to where that is so having this kind of protocol in between becomes quite important so this is why i'm looking at shift and this is why it's actually quite valuable as well so next up we also have let's see what else do i have okay so let's see pokemon integral oh yeah this is integral um we're looking at this quite closely as well in terms of all coins i think uh william from our channel is looking at this i'm not sure if i'm supposed to share this but anyways um integral is coming up very very soon i think there's a lot of rumors so this is where i can be a little bit mysterious um yeah if you guys are interested check that out uh free alpha league for you guys um reading up on comments before continue on the awkward news uh ada news today so yeah the biggest ada news is that um some smart contracts could be coming right uh towards april who knows right who knows like um i'm gonna um you know see that um michael acton says you watch the saturday night a saturday night live nft skit i haven't actually i haven't um i knew about it but um yeah i haven't i haven't been able to watch that yet um someone was like did the shift pull a rug i don't think they pulled a rug um like they've been growing quite aggressively so let's see yeah it's like 10 down um that market's establishing itself which is great so no um where do i claim my eggs so let me send up the link for for are still people asking for eggs no um vupal nuances i just claimed my egg how do i know what pokemon i got so you don't know yet right now um i think you you can claim it but there's no guarantee you're gonna get it so yeah fingers crossed this this is where it's gonna be hard um charles says charles says charles said in ama on the 26th that they're on the verge of signing a contract with the ethio government for digital identity on ada that's gonna be hard that's gonna be hard that's gonna be hard here's the deal here's the deal i think charles and cardano they've been recently working very hard to be generated becoming the banking for the unbanked right this is something that um a lot of people are buying into um i've seen a lot of channels who promote who promote ada to be talking about how ada is expanding into markets where the financial system is much in dire need of kind of improvement right so basically in the western financial system there's so many regulations around how banks work and banks have already grandfathered in to the system it's hard for crypto to disrupt so this is absolutely true um you know in the western uh system you know your visa card your master cards that's got like this it's grandfathered in to become one of the primary ways of payment but in africa without visa without mastercard it's much easier for them to just directly adopt crypto true in a certain way but this has been discussed relatively extensively for the last four or five years and this type of identity management linked with decentralized finance linked with some way to transfer money i think this is a very very great and powerful tool but we have to limit our expectations for it i think a lot of people who are very actively pushing cardano i think they're they're discovering this this topic for the first time and they're enamored by it but that being said of course it's there's still a lot of challenges left especially to teach someone how to manage the digital identity becomes super super difficult um if you guys know like let's let's be honest like these things are not the easiest things to use right like this is a bunch of hardware wallets right and i label mine and my label just died but anyways so these things are not easy to use and uh um this is like all three so it's ledger s ledger x and trezor t it's like it's it's hell i carry these around it's not easy and a lot of people don't even realize why you even need a hardware wallet so i think like this whole idea of the unbanked it's very it's very interesting to explore but there must be some way to make it easier and i feel like we're still not there yet we're probably like five ten years away from that the technology itself can do what we wanted to do but it just takes a little bit of time so anyways that's my two cents on it that's my two cents on everything all right cool um next up on all coins side i'm definitely looking quite aggressively in all coins i guys told you it's the start of all coins season so one thing that i have been looking at and um been getting into are these launch pads for new projects so you guys probably heard of duck starter polka starter the other new one that's coming on the block is kickpad so this has been garnered a lot of attention over the weekend right so this is one of the most heavily traded coins on binance smart chain right now and the reason why is because of potentially new projects coming on to launch on kickpad so kickpad itself launched last week on friday and then over the weekend people are kind of preparing for what's next so what's next so so kickpad okay full disclosure ahead i did invest in this and one of the things i did talk to them about was what are they going to grow how they're going to grow and get projects on so they actually have quite a few projects coming on board which is great and a lot of them are privacy focused which i think is quite important as well so they're all launching on binance smart chain and the way to get into this project obviously uh to these launches is that you have to hold kickpad so you have the required minimum stake is 100k pad so you must take 100k pad into account so the way to do it is just connect your wallet and you have to stake at least 100 100 000 k pad and what happens here is that when you stake the lock for seven days and then after seven days you can unstake but the way it works is that it's a time-weighted average the longer you stake the more allocation you get into projects which is why everyone's freaking out about this right so if you look at the weekend the trading volume on this was just insane right so launch pads coming up soon cake cake pad if you guys are interested you need at least a minimum of a thousand to stake into it to get your time weighted average to get you'll be part of new projects that are coming up soon so far of course nothing yet but in the near future this is something that we've been looking at in terms of other launch pads so we just talked about it we've got unmarshall and pokemon coming on polka starter so both um so polka so unmarshall is in one day and pokemon is in two days coming this week we also have a duck starter we got cook so cook it the right now is a time to white list onto the cook pad and we've got collateral and totem coming up so yeah i guess just remember registration is now mandatory for these platforms so for duck starter cook collateral and totem the white list is coming up soon those are projects that i have personally looked at i am spending a lot of time on these launches and getting in it's a lot of work it's a lot of work you can tell by the big sigh i do it it's like oh my god it's a lot of work because you have to like try to figure out at least what this thing is doing right um so what what is everything doing so collateral is quite interesting so collateral is kind of taking decentralized finance um to the fiat realm so a lot of that we've seen in defy has been say for example i can collateralize my bitcoin so if i have some extra bitcoin lying around and i want to spend some money then i can collateralize my bitcoin and take out a fiat loan with that right so this is some way for a lot of people who have been in crypto for some time a lot of whales especially people who have owned you know a lot of um bitcoin what they do is they can collateralize that so they still keep their bitcoin exposure if you have one bitcoin you still have a bitcoin but you take out a fiat loan um and what you can do is you can spend that money right so say you have a million dollars and then you deposit that and you take a hundred thousand this is in fact how a lot of people live a lot of ogs in crypto that's how they live it's crazy but that does happen and this collateral is taking that to the next step right so right now that you could do that on a say compound but here they're actually opening up a fiat gateway too so you can actually directly spend it so not only are you taking out the loan in something like usdc but now you can have a way to spend it right so this is being built on polka dot which is yet again super hot but uh the way it works is that you get collateral loan and you get collateral pay and collateral merchants so if you have merchants that accept this directly that means yes you can buy that luxury yacht you're looking at so many people are so rich it's kind of crazy but or you can buy your hotel room you can travel which hopefully we can do soon um and that's gonna allow a lot of people who hold crypto to keep their exposure so that's that is what um collateral is we also have let's see cook is quite easy cook is uh just cook is a decentralized asset management platform so that was quite easy that was quite easy to look at basically they have like these pools like a defy fund or a top 100 fund and it can start popping into that so that's what cook finances we also have totem defy totem fi is something that's relatively interesting this one i had a few talks um and i went into quite deep with these guys reason why is they're doing prediction markets right so they're doing prediction markets where you can predict say the price of bitcoin or you know the prediction markets can expand even further to that like who's going to win the next presidential election now this is very interesting this is something that's been extensively explored in the cryptocurrency space and the reason why it's interesting is because it kind of edges on both science and on something that could touch gambling reason why is because sometimes people regard this as you know i'm going to bet on who's going to win the next presidential election but what's also quite interesting is that a lot of times when you have prediction markets and pools especially in these large companies they tried it where people can put a certain amount of financial value into whether or not an event is going to happen so presidential election was a great one where you can bet on x winning or y winning right why that works is because it's not just talk right it's not just talk it's people putting actual financial value where their mouths are so that actually becomes a much bigger indicator of how much someone really someone really believes in it because they have the potential of losing that said capital if things go wrong so prediction markets have actually been quite good i say for example like presidential elections but giving a prediction outcome and also for even something like soccer matches it's like it's toeing the line but it's quite important and it's actually been used quite extensively and predicting where markets can go in the future as well so totem is doing something like this but something that's quite interesting is totem is doing it by a staking so instead of kind of pushing where or betting on a particular event you stake it all right so you stake your totem currency into that so it's still putting your money where you're putting uh you're staking where your mouth is but you're not putting money because at the at the end of the day the pool is not derived or there's no um the loss is not derived from uh that pool itself right so that's kind of the interesting thing so you stake it and the the side that the outcome if it's true outcome you get extra additional rewards but if you um if the outcome fails you don't don't lose the entire sum you just lose the entry fee kind of interesting interesting so that's pretty much that's kind of pretty much it um uh this youtubers are chilling these projects be careful so i've been towing the line i've been um i think a lot of people rush into projects so for me the way i look at a lot of these altcoins is that they carry a lot of this innovation in the space and they can or cannot work so that's kind of the scary part so as we enter altcoin season we're going to see a lot of new ideas and there's going to be a lot of failure and uh that's kind of it is the way it is whether or not to show a project i feel like at this current point you probably know i don't really need to show anything but i kind of find it's useful to look at what's coming up so i feel like that's more or less what i um kind of see in this space and then hopefully hopefully something really good comes out of this space um we got dino says if ebox a pump and dump or what so ebox obviously they actually have a lot going on there there's a lot of excitement early on but something that's actually very interesting about ebox is what they're going to continue to do next so definitely not a pump and dump what really matters with ebox is what they can do on top of their current platform which is already live so something that we talked about was privacy and something that we talked about in the last video was also about otc payments and time payments i think that was will be the two more key features that would take this and elevate this to the really the next level theta going book good um willie so theta i need to spend more time on i actually tested theta as an entire platform but it's doing super well recently soon like astronomically well um coin gecko it's one of those live streaming services that how it became the number nine currency is kind of crazy but yes theta like i don't know i tried the platform in terms of the the platform itself i think like it's interesting um it provides the technology for something great i would say that that was what i would say but yeah it's kind of crazy right like already top what is it 13 billion dollars of market cap it's insane max varsalov says can you talk about shift please um um i just did so just just rewind a little bit i did a um big talk about um big talk about shift and then we got joseph martinez's what is happening to velo why is the trash price crashing i wonder the same thing too um so velo should have had some exciting news to be honest it's a situation where i feel like they people bought up the rumor and then sold the news so there was a lot of um announcement relating to stellar right so they took a huge position in stellar um like um this is something that i have a position in um i my average i've entry price around 2.1.2 dollars actually i kind of strengthened my position um near here that's kind of stupid i thought oh it's um you know then then um the news came out and it went down okay maybe i can buy the dip but it is a situation where the dip continued and i think it has to do with the early investors so this is something that i think for velo one thing i didn't do so well was i didn't research too well on when the unlocks were for new investors so it felt like what happened was that we saw the news happen right with the what they're doing was stellar and everything and then like the early investors just probably took a huge dump on everyone's faces it's something that yeah it's not really cool um so i'm still paying attention to velo but i'm a little bit more cautious about going forward with them like it's yeah um maybe like i feel like they're doing something very critical i think their team is very good but i think like what happened was that they they tried too much on generating news maybe who knows who knows but yeah it's like it was a big dump on people's faces um talk about title we need insurance on defy yeah i definitely need to talk about title uh storage did well recently says leroy storage was actually something that um storage is kind of interesting it was kind of sad for me because um i was using storage to generate passive income on um storage mining so i was actually i may actually made a storage satellite um i i had like 12 gigabytes of storage like literally like network storage that i was uh using um and generating passive income wall on and i did it did super well but i didn't buy too much it's a situation where i'm a little bit sad like i knew about this i my position wasn't huge i was just purely mining it and then yeah it just took off so congrats if you guys managed to get some all right so there's a lot going on in uh all coin news so what's happening this week is expect of quite a few interesting things so first of all cyber security right i think this is one of the most most underrepresented markets and to be frank like this did super well for me um i'm invested in hacken and hacken just performed like it's one of my 10x's um in this season right so hacken just went like crazy but beyond just being crazy right something that i think quite important about hacken and cyber security is i feel like it is super underrepresented so what we're talking about is we're talking we i did an interview recently with dima so dima is the ceo of hacken and we talk a lot about cyber security and why it's important it's actually a lot more important in crypto than it is in the traditional finance sector or even the traditional like personal computing and computing sector reason is because if smart contracts gets hacked millions of dollars will be lost so loss will be immediate and there's a huge motivation for hackers to attack us now which is why i'm actually being quite a lot more paranoid people think oh my god you're promoting these hardware wallets or oh my god this one was the weirdest people are like oh you're promoting what is this yubikey oh my god like you should disclose no i didn't get any money i didn't get affiliate codes on this like in fact yubikey contacted me afterwards like oh we have an affiliate program we saw you made a video about us do you want to slap that i'm like nah i didn't make it for the affiliate thing right but um yeah cyber security guys um reason why is because cryptocurrency transactions cannot be returned it's one way no refunds right which means if hackers take your crypto it's gone forever so a few things that i've been doing recently it's not just talking with dima and understanding more about the cyber security space but also just updating everything all right take this right now like uh recently there was an update to ios um that was that came out on last saturday upgrade to that if you haven't go to your general go to your software update and upgrade to the latest 14.4.2 all right thank me later it's it's one of those things where it's like ongoing exploits that's happening in cyber like that's happening right now and you never want to have anything crypto that touches crypto to be compromised and um but yeah anyway so that's there's so that's number one so if you guys haven't done so already if you're on ios update it if you're on android same thing try to upgrade as much as possible second thing obviously update your computer systems hardware wallets ubikeys um it sounds dorky as hell but uh losing crypto is no joke right losing crypto is um you know peace it's it's it's not a joke so anyways um that on that as well and we talked to deem a little bit about security cyber security and also why so important in that space so that's coming up with deemma the next one is of scaling so i had just finished that interview as well last week so last week was pretty busy i talked to uh sandeep from uh the sandeep nail wall which was quite a cool name right sandeep nail wall from matic slash polygon we talked about scaling a lot that was super fun so that's coming in very soon so stay tuned to the channel there's two interviews they'll also come be coming on the podcast as well so you can just like listen to it on the go or can check it out on our channel i think those are two really great interviews that you should definitely pay attention to and check out and we're going to meet each other again on friday so friday is going to be our next scheduled live stream if there's nothing else before that i'm trying to do a few more while this time's right here but friday the live stream um information is already up let me just put that on the screen right here uh put that drop that down boom uh put that here coming in three days live um in three days on friday 11 a.m my time you'll have the proper time here if you click the set reminder button but we'll meet each other at that time we got alex r saying btc dump oh my god is it is it dumping let me check yeah seems to be a little bit down right now uh we'll have to see we'll have to see so maybe the asians aren't so bullish today it's not that bad though it's not it's not catastrophic yeah we're approaching the end i feel like i don't know i'm not too sensitive if it's if it's above for me if it's above like 46k i'm fine i i don't really care about it um that's it so elijah killen says thanks for another good show thank you guys so much for tuning in and we've got the podcast thank you angelo for posting the podcast up hacking coming up and everything else so thank you guys so much for watching um i'll see you guys very soon it'll be super fun and also be safe out there enjoy your weekend if you're if it's still on friday it's still sunday for you and also have a great exciting week if it's the startup week for you thank you guys so much for watching see you guys next time 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 everything so it's on apple podcast it's on google podcast it's on spotify just search anywhere bitcoin out of the box so just add that onto a playlist and let's follow the new episodes when it's released next up we also have the box mining newsletter so this happens roughly bi-weekly we give you an update of the latest that's going on in a very summarized condensed format so this is perfect for anyone that wants an overview of the market say for example what's happening with okx the biggest event or maybe the little things like what's happening with different coins and overall the trend so what i use the newsletter for personally myself is to understand what kind of phase we're in in crypto to kind of get kind of in tune so if you don't read crypto every day the newsletter is perfect for you last but not least in the link down below if you're a telegram user we have the box mining announcements channel so this is to announce you basically what's the latest videos coming up but also we have a daily update a community driven daily update to provide you an idea of the latest updates on a day and a lot of people have been using that to get informed of the crazy amounts of trends that we see and i have to give a big thank you for claudio our community member for doing this it's just been phenomenal definitely want to give you a shout out there claudio as well for that and taking us to the end of the live stream so make sure number one you click like and subscribe on this video because it really does help this channel and then of course check out the podcast it's one of the best ways to know a little bit more to extend that knowledge especially in your spare time and then of course check out the newsletter if you're um you know if you want those updates and summaries and trends newsletter is the place for you and with that guys thank you so much for watching this video i really hope you have a good one see you in the next video bye